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”
Person: Barack Obama
What’s the ‘Real’ Jobless Rate?
As the Obama administration basked in the news that the unemployment rate in January dipped to a three-year low of 8.3 percent, Republicans Mitt Romney and Newt Gingrich threw a wet blanket on the announcement. Romney said the “real unemployment rate” was actually 15 percent, and Gingrich said that when you include people who have simply given up on trying to find a job, the rate “jumps up to about 12 percent.”
Is the unemployment rate not the real unemployment rate?
Dueling Debt Deceptions
Q: How much has the federal debt gone up under Obama?
A: During his first three years in office, it rose $4.7 trillion, an increase of 45 percent. Partisan graphics circulating via email and Facebook are both incorrect.
The State of Obama’s Facts
Summary
The president’s State of the Union address got the facts right — mostly.
Obama said “the Taliban’s momentum has been broken” in Afghanistan. But targeted assassinations continue, and at least one independent foreign policy expert says the enemy may just be waiting until the U.S. leaves.
The president said a get-tough tariff on tire imports from China has saved more than 1,000 U.S. jobs. But tire industry officials say Chinese imports have simply been replaced by imports from other countries.
Misleading Claims in Obama’s First 2012 Spot
South Carolina Smackdown
Romney’s Shaky Job Claims
Mitt Romney has taken to saying that he created more than 100,000 net jobs through his work in the private sector, and more jobs as governor than President Obama has created since taking office. But the first claim is unproven, and the second is misleading.
It’s true that the private equity firm Bain Capital, which Romney headed from 1984 to 1999, invested in many companies that went on to add jobs. But there’s no thorough count of the jobs gained and lost in all the companies in which Bain invested.
Promises, Promises
President Barack Obama’s reelection campaign is circulating a video of promises the then-candidate made during an Iowa caucus victory speech in January 2008, claiming he kept the promises he made that night. Not quite.
To be sure, the president signed a major health care law, ended the long war in Iraq and signed multiple “middle-class” tax cuts, just as his campaign boasts.
But the health care law isn’t expected to make insurance “affordable and available to every single American,”
Paul, Santorum Stretch Truth on Iran
Iran is very much in the news, with President Obama signing legislation that imposes new sanctions against Iran, which has warned it may retaliate by closing a key oil route. But there was more heat than light on the critical issue of Iran from two GOP presidential candidates this weekend:
On CNN’s “State of the Union,” Rep. Ron Paul falsely claimed the International Atomic Energy Agency “did not find any evidence” that Iran is “on the verge of a [nuclear] weapon.”