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Latest Fact-Checks In Deficit

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National Republican Congressional Committee
National Republican Congressional Committee
stated on May 18, 2011 an e-mail.
"Gerry Connolly and his fellow Democrats went on a spending spree and now their credit card is maxed out."
Mostly False
By Jacob Geiger, Stephen Koff • June 2, 2011
Steny Hoyer
Steny Hoyer
stated on June 1, 2011 an interview on MSNBC's "The Daily Rundown"
"We went from a $5.6 trillion surplus that George Bush inherited to over ... $11-plus trillion debt when George Bush left office."
Half-True
By Louis Jacobson • June 2, 2011
Sarah Palin
Sarah Palin
stated on May 31, 2011 an interview with Fox News' Greta Van Susteren
"Look at the debt that has been accumulated in the last two years. It's more debt under this president than all those other presidents combined."
False
By Louis Jacobson • June 1, 2011
National Republican Congressional Committee
National Republican Congressional Committee
stated on June 1, 2011 an e-mail news release
Says that PolitiFact Ohio confirms that Betty Sutton "maxed out federal debt"
Pants on Fire!
By Stephen Koff • June 1, 2011
National Republican Congressional Committee
National Republican Congressional Committee
stated on May 18, 2011 a news release
"Betty Sutton and her fellow Democrats went on a spending spree and now their credit card is maxed out."
Mostly False
By Stephen Koff • May 31, 2011
Bob McDonnell
Bob McDonnell
stated on May 20, 2011 an interview.
For more than 30 years after World War II, there was a steady reduction in U.S. debt as a percentage of gross domestic product.
True
By Sean Gorman • May 25, 2011
Scott Brown
Scott Brown
stated on May 23, 2011 a public appearance and an op-ed
On whether he would vote for the budget proposed by Rep. Paul Ryan, R-Wis.
Full Flop
By Louis Jacobson • May 23, 2011
Frank Wolf
Frank Wolf
stated on April 19, 2011 a news release.
The U.S. has "over $62 trillion in unfunded liabilities."
Mostly False
By Wes Hester • May 23, 2011
Amy Kremer
Amy Kremer
stated on May 17, 2011 an interview on "The Colbert Report"
"We bring in enough tax revenue to service our debt, pay for Medicare and Medicaid and Social Security, and then still have about $300 (billion) or $400 billion left over."
Half-True
By Louis Jacobson • May 20, 2011
Nancy Pelosi
Nancy Pelosi
stated on May 3, 2011 a chart posted on her Flickr account
Promotes a chart saying that Barack Obama has "increased the debt" by 16 percent, compared to George W. Bush, who increased it by 115 percent.
Pants on Fire!
By Louis Jacobson • May 19, 2011
Randy Forbes
Randy Forbes
stated on May 5, 2011 a statement.
Failure to raise the debt limit does not force a U.S. default on debt payments.
True
By Wes Hester • May 16, 2011
Newt Gingrich
Newt Gingrich
stated on May 11, 2011 a presidential campaign announcement video
"For four years, we balanced the budget and paid off $405 billion in debt."
False
By Eric Stirgus, Louis Jacobson • May 12, 2011
Tom Petri
Tom Petri
stated on April 29, 2011 a constituent newsletter
Says President Barack Obama’s debt commission recommended converting Medicare "to a system where Medicare participants are given a voucher to purchase insurance in the private market."
False
May 10, 2011
Jim Renacci
Jim Renacci
stated on March 29, 2011 a video posted to YouTube
The federal debt is more than $14 trillion, "almost equal to the size of our entire economy," and "every child born today inherits a $45,000 share of the national debt before they take their first breath."
Mostly True
By Sabrina Eaton • May 5, 2011
David Stockman
David Stockman
stated on May 1, 2011 an interview on 'This Week with Christiane Amanpour'
Rep. Paul Ryan's budget proposal cuts "nothing" from Medicare, Social Security or defense in the next two to three years, and "in three years, he does not cut one dime from the debt."
True
By Angie Drobnic Holan • May 4, 2011
National Republican Congressional Committee
National Republican Congressional Committee
stated on April 28, 2011 an automated political phone call
"The federal government borrows $4 billion every day."
Mostly True
By Richard Salit • May 4, 2011
Terry McAuliffe
Terry McAuliffe
stated on May 26, 2011 an appearance on MSNBC's Hardball with Chris Matthews.
"China now owns $1.1 trillion of our debt, our trade deficit last year with them was a quarter of a trillion dollars."
True
By Wes Hester • May 3, 2011
Gerry Connolly
Gerry Connolly
stated on April 15, 2011 a press release.
Rep. Paul Ryan’s Medicare plan "lines the pockets of the private insurance companies," increases costs for seniors and does not reduce the deficit.
Half-True
By Jacob Geiger • April 30, 2011
Dennis Kucinich
Dennis Kucinich
stated on April 13, 2011 a radio interview
The Bush tax cuts "helped to create a substantial part of the deficit."
True
By Tom Feran • April 29, 2011
Barack Obama
Barack Obama
stated on April 27, 2011 a press conference
Says stories about his birth certificate drowned out media coverage of the Republican and White House budget plans the week of April 11.
False
By Angie Drobnic Holan, Louis Jacobson • April 28, 2011
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