Barack Obama Archives - Page 31 of 81

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.

Biggest Tax Increase in History?

July 10, 2012

Q: Is the new health care law “the biggest tax increase in history”?

A: In raw dollars, perhaps. But several tax increases just since 1968 were larger as percentages of the economy, or in inflation-adjusted dollars.

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.”

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,

Obama’s ‘Outsourcer’ Overreach

June 29, 2012

Obama accuses Romney in a series of TV ads of being a “corporate raider” who “shipped jobs to China and Mexico,” asking if voters want to elect an “outsourcer in chief.” But some of the claims in the ads are untrue, and others are thinly supported.

Romney, Obama Uphold Health Care Falsehoods

June 28, 2012

With the U.S. Supreme Court upholding the constitutionality of the Affordable Care Act on June 28, voters are guaranteed to continue hearing the same old false claims about the law from politicians. And President Barack Obama and presumptive GOP presidential nominee Mitt Romney wasted little time …

Rick Perry’s Whopper on Job Losses

June 26, 2012

Texas Gov. Rick Perry falsely states that President Barack Obama “has overseen the loss of 1.4 million jobs.” Perry is referring to job statistics in 34 states that have lost jobs since Obama took office, ignoring the 16 states that have gained jobs. The total job loss in all 50 states under Obama is about 552,000 through May 2012, according to the Bureau of Labor Statistics.
Perry also exaggerates when he blames the nation’s high deficit solely on “uncontrolled spending that has gone on with the stimulus program.”

Stretching on Romney’s Fees

June 22, 2012

An ad from the Obama campaign exaggerates the truth about fees and tax hikes imposed by Mitt Romney when he was governor of Massachusetts.
It lists numerous fees hiked by Romney, but we found that a number of them are misleading — seeming to be more far-reaching and broad than they really are.
The ad also repeats a misleading claim about Romney cutting taxes “on millionaires like himself,” and botches the figure for the revenue gained by Romney imposing higher fees and closing corporate tax loopholes.