Mitt Romney and his allies have attacked President Barack Obama — often out of context — for saying, “If you’ve got a business — you didn’t build that. Somebody else made that happen.”
American Crossroads posted a 60-second Web video called “Build” that shows small-business owners reacting to Obama’s “you didn’t build that” comment.
The Romney campaign replays Obama saying “if you’ve got a business, you didn’t build that” five times in a 15-second video as part of a “petition”
Republicans are twisting the facts on taxes in the Affordable Care Act, grossly overstating the impact on families or lower-income earners.
In what has become a Republican talking point, several GOP lawmakers have wrongly claimed that a Congressional Budget Office report said that 75 percent of the federal health care law’s taxes would be paid by those earning less than $120,000 a year. That’s not what the CBO said. It found that 76 percent of those who would pay the penalty for not having insurance in 2016 would earn under $120,000.
In a primary battle between two House Republicans, a Florida congressman claims in a campaign mailer that his opponent was someone President Barack Obama “counted on” to “approve” stimulus spending. Not really. The mailer’s target, Sandy Adams, is a freshman congresswoman who arrived in Washington nearly two years after the stimulus passed into law.
The flier’s evidence — in fine print — is Adams’ record in the Florida legislature. As a state representative, she voted to approve two state budgets,
Mitt Romney says he is following the “precedent” set by John McCain in releasing just two years of tax returns. That’s accurate. But McCain, the 2008 GOP nominee, bucked the trend of other recent presidential candidates.
In more than three decades, no other nominees for either party have released fewer than five years’ worth of returns. Romney’s own father released a dozen years’ worth when he ran for the GOP nomination in 1968.
Romney has been under mounting public pressure to release tax returns —
A conservative group goes too far in TV ads that claim a new EPA regulation on coal power plants will make Ohio’s electric bills “skyrocket.” Utility officials say it’s too soon to determine how big the impact will be.
Nationally, projections from the Energy Information Administration show only a slight fluctuation in the residential price of electricity over the long run. The EIA factored in the regulation in its projections.
There’s reason to believe there might be more of an impact in price in Ohio,
A Democratic robocall in Iowa accuses GOP Rep. Tom Latham of “looking out for himself” by profiting from legislation he actually opposed.
The Des Moines Register reports that the call from the Democratic Congressional Campaign Committee charges Latham with “only looking out for himself, not the middle class,” for having stock in a bank holding company that took Troubled Asset Relief Program funds in 2009.
The problem with that claim is that Latham actually voted against the Emergency Economic Stabilization Act that created TARP back in 2008.
John Sununu claimed President Obama “outsourced a major portion of the U.S. space program to the Russians.” But it was President Bush who set NASA on a path eight years ago to retire the Space Shuttle and rely on the Russians for space travel.
“[Bush] Administration policy is to retire the shuttle in 2010 and purchase crew transport from Russia,” as then-NASA Administrator Michael Griffin once explained.
To be sure, Obama ended the Space Shuttle program,
New reporting cites strong evidence that Mitt Romney wasn’t actively managing Bain Capital while he was running the Olympics, despite what the Obama campaign (and some news reports) would have voters believe.
Dan Primack, a senior editor at Fortune Magazine, reports on previously confidential “offering documents” that Bain circulated to potential investors in June 2000, September 2000 and again in January 2001. And he says that in each of those three documents Romney’s name is conspicuously absent from lists of senior investment managers at Bain.
Politicians talk about the burden of taxes incessantly. Now comes a rare chance to check the facts. And the fact is that federal tax rates had fallen to the lowest in 30 years when President Barack Obama took office — and fell again in his first year in office.
This news comes from the nonpartisan Congressional Budget Office, which just issued the latest update of its invaluable series on “Distribution of Household Income and Federal Taxes,”
A lackluster jobs report for June generated a flurry of false and misleading statements on the Sunday talk shows by surrogates for Obama and Romney:
Rep. Debbie Wasserman Schultz, chairwoman of the Democratic National Committee, falsely claimed U.S. automakers “had a record June … 7,000 auto jobs created.” It’s true that 7,000 automotive jobs were created, but it’s not a record for June or any other month.
Maryland Gov. Martin O’Malley challenged Louisiana Gov. Bobby Jindal’s statement that the U.S.