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Q: What’s a good source for the U.S.A.’s long-term debt, annual revenues and expeditures, and long-term deficit forecasts?
A: The Congressional Budget Office publishes data on the federal government’s budget – that’s revenues and expenditures, deficits and debt. The Treasury Dept. is the best source for daily debt figures.
Q: Did Nancy Pelosi get wage breaks and tax credits for the American Samoan operations of a company in which her husband owns $17 million worth of stock?
A: This widely e-mailed claim is false. Pelosi’s husband doesn’t own that stock, despite what a bogus Wikipedia entry briefly claimed. Furthermore, American Samoa never got the minimum wage exemption it sought.
Q: How can one get inauguration tickets?
A: Tickets to watch the swearing-in can be requested through the Washington, D.C., offices of an individual’s representative or senators. But you’ll need some luck to score one.
Q: Are congressional Democrats talking about confiscating IRA and 401(k) investment accounts?
A: No. There’s no plan to seize these accounts. One House witness at a committee hearing proposed to allow some people to trade their old accounts for a new type that would be less risky.
Q: Can a convicted felon serve in elected office?
A: The Constitution allows a convicted felon to be a member of Congress, even if in prison. It’s up to the Senate or House to decide who may serve. As for state offices, different laws apply in different places.
Q: Was the deadline for absentee ballots from military members extended in Virginia?
A: A hearing is scheduled Dec. 8 to decide whether Virginia election officials should count absentee ballots that arrived late. In response to a lawsuit filed before Election Day by John McCain’s campaign, a judge had ordered officials to keep such ballots until the matter was resolved.
Q: Is Obama planning a Gestapo-like “civilian national security force”?
A: This false claim is a badly distorted version of Obama’s call for doubling the Peace Corps, creating volunteer networks and increasing the size of the Foreign Service.
Q: Do 40 percent of Americans pay no taxes?
A: About 38 percent of households have zero or negative income tax liability, but they pay other federal taxes.
Q: Can the presidential candidates keep their campaign money?
A: No. They can donate any contributions they haven’t spent to charities or political parties, and they can pay leftover campaign bills. The big rule is: no personal use.
Q: Who spent more money on advertising, McCain or Obama?
A: Overall, Obama has outspent McCain by nearly 3-to-1, but in the closing week it’s been closer to 5-to-1.