Sen. Mitch McConnell and Rep. Xavier Becerra made misstatements about the debt ceiling debate and Social Security. McConnell, R-Ky., was incorrect when he claimed that "nobody is talking about not raising the debt ceiling." In fact, Rep. Michele Bachmann said she would not vote to raise the debt limit in her first presidential ad that began airing on Friday.
Becerra, D-Calif., repeated a false Democratic talking point when he claimed that "Social Security hasn't contributed 1 cent to …
Sessions Wrong on Bush Tax Cuts
Sen. Jeff Sessions wrongly claimed that federal revenues "went up every single year" after the Bush tax cuts were "put in." Actually, federal revenues declined for three straight years after the first tax cut was signed in 2001.
The Alabama Republican made his statement on "Face the Nation."
Sessions, July 10: The revenue went up every single year after those tax cuts were put in. The revenue is down now because of the low economy.
The first tax cut —
Does the U.S. ‘Look a Lot Like Greece’?
Sen. Mitch McConnell strained the facts when he claimed that "[w]e look a lot like Greece already." The public debt of Greece is double that of the U.S. in relation to the size of each nation's economy
McConnell made his comment in a July 6 news conference held prior to a meeting with President Barack Obama. It's an exaggeration he's made before. In a June 23 appearance on the Fox News Channel, for example, he said:
McConnell,
Obama’s Mis-tweets
In a "Twitter Town Hall" event, President Barack Obama repeated a disputed claim about the electric car battery market, and he claimed that the payroll tax holiday is worth $1,000 to "almost every single American" when many will get less than that.
Obama took questions from Twitter users — limited to 140 characters, of course — and gave more verbose answers in the July 6 televised event at the White House. He touted the fact that the U.S.
Obama Gets Caught Up in Red Tape
President Barack Obama incorrectly claimed his administration has undertaken an "unprecedented" review of burdensome regulations. In fact, every president since at least Jimmy Carter has done similar reviews, including one under Bill Clinton that resulted in the elimination of more than 16,000 pages of federal regulations.
Obama made his claim during his hour-long press conference on June 29:
Obama, June 29: But what I have done — and this is unprecedented, by the way, no administration has done this before —
Dueling Economic Ads
A conservative group's ad makes the rise in unemployment under President Obama appear worse than it actually is. And in a counter-attack ad, a liberal group offers its spin on GOP economic plans.
Crossroads GPS, which spent heavily in the midterm elections to defeat Democrats, is spending $5 million to air its latest ad in 10 states and on national cable channels. It says it will spend a total of $20 million on similar messages in the next two months.
Pelosi’s True Spin
Nancy Pelosi accurately — but misleadingly — said more private jobs were created last year than under Bush. Her statement was true. But it's also true that there were still 2,065,000 fewer private jobs in May than there were when Obama took office
At last year's pace of job creation, it would take until February 2017 just to regain the jobs lost since the high point reached under the previous administration. And it would still take until 2015 to regain all those jobs even under the faster pace of job growth during the last 15 months.
Deficit Arithmetic: Cut Everything 34% Now?
Without an increase in the debt ceiling, could Washington avoid default simply by cutting spending? That's what two leading Republicans, Rep. Michele Bachmann and Sen. Jim DeMint, urged over the weekend. What they didn't say is that this would require instant cuts of at least 34 percent in everything but interest payments. And the cuts would be far deeper if Congress exempted popular programs for the elderly, or for defense.
Minnesota Rep. Bachmann, appearing on CBS'
Huntsman, Lincoln and Hallmark
Jon Huntsman wrongly paraphrased Abraham Lincoln as saying: "[W]e are a great country because we are a good country." Lincoln assuredly never said that.
The expression is similar to a common political bromide that Ronald Reagan and others have attributed to Alexis de Tocqueville. But de Tocqueville didn't write those words, either.
Former Utah Gov. Huntsman made the slip-up at the announcement of his presidential candidacy in Liberty Park, N.J.
Huntsman, June 21: Our political debates today are corrosive and not reflective of the belief that Abe Lincoln espoused back in his day,
Huntsman’s $1 Trillion Mistake
Jon Huntsman was off by $1 trillion or more when he claimed that Social Security, Medicare and interest payments would consume "every dollar of federal revenue" within 10 years. A spokesman says Huntsman meant to include Medicaid in that list, but even that wouldn't make the claim accurate.
In his June 21 speech announcing that he is running for the Republican presidential nomination, the former ambassador said:
Huntsman, June 21: We must make hard decisions that are necessary to avert disaster.