Stories by Eugene Kiely
Obama’s Trillion-Dollar Exaggeration
President Obama has repeatedly and falsely claimed that “right now, we’re scheduled to spend nearly $1 trillion more” in tax cuts for the “wealthiest 2 percent of Americans.” That’s simply not true. The Bush tax cuts — which Obama and Congress extended for two years — expire at the end of this year, so any plans to “spend” beyond Dec. 31, 2012, would require Congress to act again.
The White House told us that the president is referring to the $968 billion that “we save”
Hoekstra’s Baseless Jobs Claim
Pete Hoekstra, a former Michigan congressman running for Senate, falsely claims in a TV ad that President Obama’s stimulus “lost 2.6 million more jobs.” Since the stimulus became law on Feb. 17, 2009, the U.S. has lost about 428,000 jobs, and the nonpartisan Congressional Budget Office says job losses would have been more severe during the recession without the stimulus.
Hoekstra left Congress in 2011 after running unsuccessfully for governor of Michigan in 2010. Now, he hopes to capture the Republican nomination for Senate and run against Democratic Sen.
Chamber Misuses Report, Misleads Voters
The U.S. Chamber of Commerce claims in a TV ad that the Congressional Budget Office says unemployment “could top 9 percent in 2013.” Maybe so, if Congress doesn’t change current law — specifically if it fails to extend tax cuts, fails to patch the Alternative Minimum Tax that threatens to raise taxes on more than 31 million Americans, and also allows big spending cuts to take effect. But CBO also said that wasn’t a prediction of the future.
Feb. 10: Senate Losers, Energy Taxes, Gasoline Prices
Gingrich’s Inflated Gasoline Claim
Newt Gingrich exaggerates when he says the Environmental Protection Agency has a proposal “that would raise the price of gasoline by 25 cents a gallon.” Gingrich’s cost estimate comes from an oil industry study of “clean gasoline” recommendations made by U.S. automakers. The EPA has yet to issue a proposal, and a top agency official says the oil industry study is based on proposals more stringent than those being considered by the EPA.
In addition, there are competing studies that show the possible EPA rule changes would have far less of an effect at the gasoline pump.
CBO Offers Its Two Cents on Federal Pay
Federal workers overall get just 2 percent higher wages than private-sector employees holding similar jobs, but they receive 16 percent more in total compensation because of generous benefits.
There are, however, great differences in wages and benefits depending on education levels; less-educated federal workers receive higher wages and benefits compared with private-sector employees, while those with advanced degrees are paid less.
That’s the conclusion of a new Congressional Budget Office report that dispels misinformation spread by both sides in a long-running debate over federal pay.
Feb. 3: Federal Debt, Earmarks, Federal Pay
McCain’s Erroneous Earmark Attack
Sen. John McCain incorrectly claimed that earmarks nearly doubled from $7.8 billion to $14.5 billion in Newt Gingrich’s first two years as House speaker. Actually, the increase was about half that.
Furthermore, earmarks first peaked, then declined under Gingrich. By the final year of his speakership, earmarked spending was 20 percent higher than before, not double.
McCain is a longtime opponent of earmarks, which are pet projects added to annual appropriations bills at the request of members of Congress.