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Latest Fact-Checks In Federal Budget

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Johnny Isakson
Johnny Isakson
stated on January 24, 2011 a speech
If you tried to pay out $1 trillion by handing it out at $1 per second, it would take more than 31,000 years.
True
By Willoughby Mariano • February 9, 2011
Jim Renacci
Jim Renacci
stated on January 4, 2011 an interview on WCPN 90.3 FM
"For [GM] to pay back everything it owes, it would have to sell its shares at $143 a share . . . where the highest value of a General Motors share ever was $43, $44, $46, whatever the dollars were . . ."
False
By Tom Feran • February 9, 2011
Democratic Congressional Campaign Committee
Democratic Congressional Campaign Committee
stated on January 31, 2011 a radio ad.
Congressman Robert Hurt has a plan to cut education by 40 percent.
Pants on Fire!
By Jacob Geiger • February 4, 2011
Mark Warner
Mark Warner
stated on January 25, 2011 a TV interview.
The U.S. loses more on tax breaks than it collects in personal income taxes. 
True
By Warren Fiske • February 1, 2011
Paul Broun
Paul Broun
stated on January 25, 2011 a tweet during the State of the Union address
Says government is a barrier to innovation and development.
False
By Louis Jacobson • January 31, 2011
Rand Paul
Rand Paul
stated on January 27, 2011 a Senate Tea Party Caucus meeting
Says President Barack Obama revealed in his State of the Union address that he "now is against earmarks."
Mostly True
By Louis Jacobson • January 28, 2011
Kent Conrad
Kent Conrad
stated on January 23, 2011 an interview on "This Week with Christiane Amanpour."
"We're borrowing 40 cents of every dollar we spend."
True
By Angie Drobnic Holan • January 27, 2011
Kent Conrad
Kent Conrad
stated on January 23, 2011 "This Week with Christiane Amanpour"
"The American people say, don't touch Social Security, don't touch Medicare, don't cut defense. That's 84 percent of the federal budget."
Mostly True
By Angie Drobnic Holan • January 27, 2011
Paul Ryan
Paul Ryan
stated on January 25, 2011 the GOP response to the State of the Union address
"Since taking office, President Obama has signed into law spending increases of nearly 25 percent for domestic government agencies, an 84 percent increase when you include the failed stimulus."
Half-True
By Dave Umhoefer • January 27, 2011
Paul Ryan
Paul Ryan
stated on January 25, 2011 the GOP response to the State of the Union
The health care law "is accelerating our country toward bankruptcy."
Mostly False
January 27, 2011
Michele Bachmann
Michele Bachmann
stated on January 25, 2011 a rebuttal to the State of the Union address
"While the government grew, we lost more than 2 million jobs."
Half-True
By Louis Jacobson • January 27, 2011
Michele Bachmann
Michele Bachmann
stated on January 25, 2011 a rebuttal to the State of the Union address
The federal government "may put 16,500 IRS agents in charge of policing President Obama's health care bill."
Half-True
By Louis Jacobson • January 26, 2011
Paul Ryan
Paul Ryan
stated on January 25, 2011 a response to the State of the Union address
"The debt will soon eclipse our entire economy."
True
By Stephen Koff, Louis Jacobson • January 26, 2011
Barack Obama
Barack Obama
stated on January 25, 2011 the State of the Union address
"We are living with a legacy of deficit-spending that began almost a decade ago."
Half-True
By Angie Drobnic Holan • January 26, 2011
Jamie Radtke
Jamie Radtke
stated on January 17, 2011 a news release
George Allen voted for budgets that increased the national debt by $16,400 for every second he served in the U.S. Senate.
True
By Warren Fiske • January 24, 2011
John Boehner
John Boehner
stated on January 5, 2011 a speech in the House of Representatives
"Our spending has caught up with us, and our debt soon will eclipse the entire size of our national economy."
True
By Stephen Koff • January 10, 2011
Kevin McCarthy
Kevin McCarthy
stated on January 2, 2011 a statement published in the "Bakersfield Californian"
"The Democratic majority led the 111th Congress to spend more money in two years than the first 100 congresses before them combined."
False
By Louis Jacobson • January 5, 2011
Michael McCaul
Michael McCaul
stated on December 20, 2010 a newsletter
"I stopped requesting earmarks in 2008."
True
January 5, 2011
Darrell Issa
Darrell Issa
stated on January 2, 2011 CBS's "Face the Nation"
"We can save $125 billion in simply not giving out money to Medicare recipients that don't exist for procedures that didn't happen."
False
January 4, 2011
Bobby Scott
Bobby Scott
stated on December 16, 2010 a news release.
The tax-cut deal "adds more than $800 billion to the deficit over two years -- more than the cost of TARP and more than the cost of the Recovery Act" and about the same as health care reform.
Mostly True
By Wes Hester • December 27, 2010
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