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Latest Fact-Checks In Deficit

Clear
Gerry Connolly
Gerry Connolly
stated on June 5, 2012 a floor speech.
Ronald Reagan "raised taxes in 1982, 1984, 1985, 1986 and 1987."
True
By Nancy Madsen • June 25, 2012
Rodney Frelinghuysen
Rodney Frelinghuysen
stated on May 25, 2012 an e-mail newsletter
"The U.S. is borrowing approximately $2.52 for every $1 of economic growth so far in 2012."
True
By Erin O'Neill • June 3, 2012
Crossroads GPS
Crossroads GPS
stated on May 16, 2012 a TV ad.
Obama promised to cut the deficit by half by the end of his first term but he "hasn't even come close."
True
By Katie Sanders • May 17, 2012
John Boehner
John Boehner
stated on March 28, 2012 a video address
"The Democrat-controlled Senate, it hasn't passed a budget in more than 1,000 days."
True
By Tom Feran • April 26, 2012
Rob Portman
Rob Portman
stated on April 16, 2012 a column in Politico
The Buffett Rule "will bring in less than $5 billion per year. ... Enough to pay one week’s interest on the national debt."
True
By Tom Feran • April 23, 2012
Frank Wolf
Frank Wolf
stated on March 28, 2012 a floor speech.
Says the Congressional Budget Office has estimated "every penny of the federal budget will go to interest on the debt and entitlement spending by 2025."
True
By Sean Gorman • April 23, 2012
Randy Forbes
Randy Forbes
stated on January 24, 2012 a blog post.
"The national debt is equal to $48,700 for every American or $128,300 for every U.S. household. It is now equivalent to the size of our entire economy."
True
By Sean Gorman • February 3, 2012
Bob Corker
Bob Corker
stated on November 8, 2011 a USA Today column.
A typical married couple "will contribute $119,000" into Medicare but will "receive $357,000 in Medicare benefits over their lifetimes."
True
By Michael Collins • January 24, 2012
Tim Kaine
Tim Kaine
stated on December 7, 2011 a debate.
The national debt increased $16,000 every second George Allen served in the U.S. Senate.
True
By Warren Fiske • December 8, 2011
Alan Simpson
Alan Simpson
stated on November 18, 2011 a speech at the City Club of Cleveland
Says military expenditures for the United States are greater than the combined spending of the next 14 largest nations.
True
By Tom Feran • December 5, 2011
Matt Mackowiak
Matt Mackowiak
stated on December 1, 2011 an opinion column.
Says Barack Obama promised to halve the deficit in his first term.  
True
By W. Gardner Selby • December 2, 2011
Mark Warner
Mark Warner
stated on October 31, 2011 a TV interview.
The U.S. would gain revenue by cutting personal income tax rates in half and ending tax breaks.
True
By Warren Fiske • November 25, 2011
Leonard Lance
Leonard Lance
stated on November 16, 2011 a speech on the House floor
"When the national debt reaches $15 trillion, it means that U.S. debt-to-GDP ratio will reach 99.7 percent of our debt and this is $47,900 for every living American."
True
By Erin O'Neill • November 21, 2011
Jim Webb
Jim Webb
stated on November 4, 2011 a TV interview.
"Ronald Reagan raised the national debt 18 times."
True
By Sean Gorman • November 12, 2011
Rob Portman
Rob Portman
stated on November 1, 2011 a congressional hearing
"A couple retiring today will pay about $119,000 in lifetime Medicare taxes and receive about $357,000 in lifetime Medicare benefits. ... about 3 bucks in benefits for every dollar in taxes."
True
By Tom Feran • November 8, 2011
John Boehner
John Boehner
stated on September 19, 2011 a television interview
"We have 10,000 baby boomers retiring every day."
True
By Sabrina Eaton • September 26, 2011
Tom Graves
Tom Graves
stated on September 1, 2011 an article
"Two days of interest we pay to China is enough to buy one joint strike fighter [jet]."
True
By Eric Stirgus • September 9, 2011
Bobby Scott
Bobby Scott
stated on August 1, 2011 a news release.
"The estimated savings of this (debt ceiling) deal only pay for half of the cost of extending all of the Bush-era tax cuts for another decade."
True
By Sean Gorman, Warren Fiske • August 29, 2011
Ron Johnson
Ron Johnson
stated on July 25, 2011 a television interview
"The federal government is spending 25 percent of our entire economy versus 100 years ago we spent only 2 percent."
True
By Dave Umhoefer • July 31, 2011
Barack Obama
Barack Obama
stated on July 25, 2011 a televised address
"The deficit was on track to top $1 trillion the year I took office."
True
July 27, 2011
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