Latest Fact-Checks In Economy

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John Loughlin
John Loughlin
stated on August 20, 2010 a campaign commercial
After Ronald Reagan cut taxes in 1981 the U.S. enjoyed "exponential growth."
Mostly False
By C. Eugene Emery Jr. • September 5, 2010
Mark Tapscott
Mark Tapscott
stated on August 23, 2010 an opinion column in "The Washington Examiner"
"Obama’s stimulus, passed in his first month in office, will cost more than the entire Iraq War."
Mostly False
By Lukas Pleva, Martha M. Hamilton • August 25, 2010
Keith Stokes
Keith Stokes
stated on August 7, 2010 an interview on WJAR-TV
"One of the things we found very clearly and consistently is that [video gaming] is a growth industry."
Mostly False
By C. Eugene Emery Jr. • August 25, 2010
Pete Sessions
Pete Sessions
stated on July 30, 2010 a speech in the U.S. House
"Over the time that President Obama has been in office, we have lost 2.5 million free enterprise system jobs, and, yet, 500,000 federal government jobs have been added."
Mostly False
By W. Gardner Selby • August 8, 2010
Rob Portman
Rob Portman
stated on July 6, 2010 a television campaign ad
A bill to cap carbon emissions "could cost Ohio 100,000 jobs."
Mostly False
By Stephen Koff • August 2, 2010
Lee Fisher
Lee Fisher
stated on July 13, 2010 a news release
"As President George W. Bush’s trade representative, Portman failed to address China’s currency manipulation, which was inflated to as much as 40 percent in 2006."
Mostly False
By Stephen Koff • August 2, 2010
David Gregory
David Gregory
stated on July 25, 2010 an interview with Treasury Secretary Timothy Geithner on NBC's Meet the Press
"25 percent of our economy is the financial sector."
Mostly False
By Louis Jacobson • July 28, 2010
Lee Fisher
Lee Fisher
stated on July 12, 2010 a campaign statement
Rob Portman’s "plan to tax, slash and privatize" Social Security "would devastate Ohioans."
Mostly False
By Stephen Koff • July 28, 2010
Jeff Greene
Jeff Greene
stated on June 22, 2010 a Democratic U.S. Senate debate against Rep. Kendrick Meek
"If there were not derivatives, there would be no bank loans at all today."
Mostly False
By Lukas Pleva • June 28, 2010
Lainey Melnick
Lainey Melnick
stated on April 23, 2010 an e-mail blast
Says U.S. Rep. Lamar Smith supported the $700 billion Wall Street bailout in 2008, "but now he is standing in the way of reforms that would assure these bailouts would never happen again."
Mostly False
By W. Gardner Selby • May 19, 2010
George Will
George Will
stated on May 9, 2010 a roundtable discussion on ABC's This Week
Sen. Robert Bennett, R-Utah, cast votes for TARP, the stimulus, and an individual mandate for health care.
Mostly False
By Louis Jacobson • May 12, 2010
Sherrod Brown
Sherrod Brown
stated on April 25, 2010 an interview on ABC's This Week
The financial services bill will end "too-big-to-fail."
Mostly False
By Louis Jacobson • April 26, 2010
House Natural Resources Committee Republicans
House Natural Resources Committee Republicans
stated on April 5, 2010 a news release posted on his website.
"Obama did not open new lands to offshore drilling – all of these areas were already open for drilling once Congress and President Bush lifted the moratorium in 2008. Instead, President Obama yesterday announced what areas he would CLOSE to offshore drilling."
Mostly False
By Catharine Richert • April 23, 2010
Paul Ryan
Paul Ryan
stated on March 31, 2010 a speech to the Oklahoma Council of Public Affairs
In 2004, "20 percent of U.S. households were getting about 75 percent of their income from the federal government. ... Another 20 percent were receiving almost 40 percent."
Mostly False
By Catharine Richert • April 21, 2010
Barbara Cargill
Barbara Cargill
stated on March 11, 2010 a State Board of Education meeting
"The Federal Reserve system has presided over about a 95... percent decline in the U.S. dollar."
Mostly False
March 22, 2010
Farouk Shami
Farouk Shami
stated on February 9, 2010 a press release
"Mayor White has major stake in Barnett Shale production company."
Mostly False
By Meghan Ashford-Grooms • February 22, 2010
Ron Paul
Ron Paul
stated on January 27, 2010 an article on his Web site RonPaul.com
"The money supply has doubled in the last year."
Mostly False
By Lukas Pleva • February 5, 2010
Rick Perry
Rick Perry
stated on January 14, 2010 a Republican gubernatorial debate
"We cut property taxes by one-third."
Mostly False
By Meghan Ashford-Grooms • February 3, 2010
Glenn Beck
Glenn Beck
stated on January 15, 2010 a video blog post
Chile ranks third internationally in economic freedom, while the U.S. ranks 17th.
Mostly False
By Louis Jacobson • January 20, 2010
Jeff Miller
Jeff Miller
stated on November 19, 2009 a newsletter
"Although Democrats represent only 10 of Florida's 25 districts, their districts received 60 percent of the stimulus funds."
Mostly False
By Angie Drobnic Holan • November 24, 2009
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