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Latest Fact-Checks In Deficit

Clear
Gerry Connolly
Gerry Connolly
stated on June 5, 2012 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in 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 in a televised address:
"The deficit was on track to top $1 trillion the year I took office."
True
By Robert Farley • July 27, 2011
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