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Latest Fact-Checks In Economy

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David Cicilline
David Cicilline
stated on June 28, 2010 in a statement on Cicilline's website:
He has "ushered in $3 billion in new investment."
False
By Cynthia Needham • July 16, 2010
Daniel Senor
Daniel Senor
stated on July 4, 2010 in ABC's 'This Week':
Japan's "interest on its own debt" is "25 percent of its national budget"
False
By Lukas Pleva • July 6, 2010
Bill Clegg
Bill Clegg
stated on June 24, 2010 in candidate web page:
The U.S. deficit "increases at $3 million per second."
False
By C. Eugene Emery Jr. • July 2, 2010
Lincoln Chafee
Lincoln Chafee
stated on May 4, 2010 in a candidate forum:
"Fifty-three percent of teens in Central Falls are getting pregnant."
False
By C. Eugene Emery Jr. • June 25, 2010
Mitch McConnell
Mitch McConnell
stated on April 14, 2010 in a press conference:
New financial regulation "actually guarantees future bailouts of Wall Street banks."
False
By Angie Drobnic Holan, Louis Jacobson • April 20, 2010
Richard Shelby
Richard Shelby
stated on March 25, 2010 in a letter to Treasury Secretary Timothy Geithner:
"The bill reported out of committee sets up a $50 billion slush fund that, while intended for resolving failing firms, is available for virtually any purpose that the treasury secretary sees fit."
False
By Catharine Richert • April 16, 2010
Lindsey Graham
Lindsey Graham
stated on March 24, 2010 in an appearance on the Fox News show "On the Record" with Greta Van Susteren:
"The average student will be spending $1,700 to $1,800 more during the life of their loan because of this surcharge."
False
By Catharine Richert • March 30, 2010
Farouk Shami
Farouk Shami
stated on February 8, 2010 in a debate:
"My opponent... lost 43,000 jobs in Houston since he took over; we are losing jobs."
False
By Ciara O'Rourke • February 18, 2010
Bill White
Bill White
stated on February 2, 2010 in a questionnaire :
"As Houston's mayor, I helped our area lead the nation in job growth."
False
By Ciara O'Rourke • February 18, 2010
Sarah Palin
Sarah Palin
stated on February 6, 2010 in a speech to members of the Tea Party:
Vice President Joe Biden's meeting "with the transparency and accountability board . . . was closed to the public."
False
By Catharine Richert • February 9, 2010
Scott Brown
Scott Brown
stated on January 31, 2010 in an interview with Barbara Walters:
"Federal employees are making twice as much as their private counterparts."
False
By Catharine Richert • February 3, 2010
Kay Bailey Hutchison
Kay Bailey Hutchison
stated on January 14, 2010 in in a Republican gubernatorial debate:
"The largest tax increase that we have ever had in our state is yours – it is the business margins tax that you signed, governor."
False
By Meghan Ashford-Grooms • January 22, 2010
Rick Perry
Rick Perry
stated on January 15, 2009 in a press release:
Says approximately 70 percent of jobs created in the United States in November 2007-2008 were in Texas.
False
By W. Gardner Selby • January 12, 2010
Rush Limbaugh
Rush Limbaugh
stated on December 8, 2009 in his radio show:
A recent drop in the unemployment rate is questionable because it was calculated "over two days of the Thanksgiving week."
False
By Louis Jacobson • December 10, 2009
Barack Obama
Barack Obama
stated on December 3, 2009 in comments at the White House:
When Obama was interviewed by American reporters in Asia, "Not one of them asked me about Asia. Not one of them asked me about the economy."
False
By Angie Drobnic Holan • December 7, 2009
Glenn Beck
Glenn Beck
stated on November 30, 2009 in a statement on his show on Fox News Channel:
Less than 10 percent of Obama's Cabinet appointees "have any experience in the private sector."
False
By Louis Jacobson • December 2, 2009
Sarah Palin
Sarah Palin
stated on November 17, 2009 in her book, Going Rogue:
"Ronald Reagan faced an even worse recession" than the current one.
False
By Louis Jacobson • November 17, 2009
Tom McClintock
Tom McClintock
stated on October 27, 2009 in a speech on the House floor:
Three presidents in the last century — Harding, Kennedy and Reagan — all cut taxes during recessions and produced "rapid and dramatic economic recoveries," while two, Herbert Hoover and Barack Obama, did "the opposite."
False
By Louis Jacobson • November 2, 2009
Michael Moore
Michael Moore
stated on October 2, 2009 in the movie Capitalism: A Love Story:
All the talk about socialism during the campaign made young people more interested in it by Election Day.
False
By Louis Jacobson • October 2, 2009
Thomas Sowell
Thomas Sowell
stated on September 8, 2009 in a column in Investor's Business Daily.:
The Obama administration "was successful in rushing a massive spending bill through Congress in just two days — after which it sat on the president's desk for three days, while he was away on vacation."
False
By Ian Jannetta • September 15, 2009
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