FactCheck.org

Romney and the Tax Return Precedent

July 19, 2012

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 —

Group Blows Fuse With Electric Bill Claim

July 18, 2012

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,

DCCC Calls Latham Out on TARP

July 18, 2012

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.

Sununu’s Out-of-this-World Outsourcing Claim

July 17, 2012

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,

Romney’s Bain Years: New Evidence, Same Conclusion

July 12, 2012

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.

Tax Facts: Lowest Rates in 30 Years

July 11, 2012

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,”

Obama, Romney Surrogates Spin Jobs Data

July 10, 2012

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.

Twisting Romney’s Abortion Stance

July 9, 2012

An Obama campaign ad twists Mitt Romney’s stance on abortion, claiming Romney “backed a law that outlaws all abortions, even in cases of rape and incest.”
During a 2007 debate, Romney was asked if he would sign legislation to ban “all abortion” — assuming, hypothetically, that Roe v. Wade had been overturned. He said he’d be “delighted to sign it,” if there was a national consensus for it. But, he said, “that’s not where America is today.”

No End to ‘End Medicare’ Claim

July 6, 2012

Democrats are still hammering an old, and since replaced, GOP proposal, claiming it would “end Medicare,” and cost seniors $6,000 more a year for their health care. The newest Republican budget, proposed by Rep. Paul Ryan of Wisconsin, keeps traditional Medicare — unlike his plan from 2011 — and the increased cost claim is no longer applicable to it.
The latest string of “end Medicare” claims comes from the liberal Patriot Majority, a 501(c)(4), a nonprofit advocacy group,

FactCheck to Obama Camp: Your Complaint is All Wet

July 2, 2012

The Obama campaign complains that we got a key fact wrong in our June 29 article, “Obama’s ‘Outsourcer’ Overreach.” We strongly disagree. We find the Obama campaign’s evidence to be weak or non-existent, and contrary to statements Romney has made on official disclosure forms under pain of federal prosecution.
The Obama complaint claims we erred in saying Mitt Romney gave up active management of Bain Capital in early 1999 to run the 2002 Winter Olympics,