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Latest Fact-Checks In Federal Budget

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Michele Bachmann
Michele Bachmann
stated on October 11, 2011 Republican presidential primary debate
"Our government right now. . . (is) spending 40 percent more than what we take in."
True
By Molly Moorhead • October 12, 2011
Mark Neumann
Mark Neumann
stated on September 16, 2011 a television interview
The federal government is spending $46,000 a year per family (or group of four) and could balance its budget by dropping that to $30,000.
True
By Dave Umhoefer • September 28, 2011
Rush Holt
Rush Holt
stated on September 16, 2011 an opinion article
Says "as a share of the US economy, the government’s support for research and development (R&D) has fallen by nearly two-thirds since the 1960s."
True
By Erin O'Neill • 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
Maureen Dowd
Maureen Dowd
stated on August 30, 2011 an oped column.
Says Ron Paul insisted FEMA should be shut down.
True
By W. Gardner Selby • September 3, 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
Rob Portman
Rob Portman
stated on July 25, 2011 an interview on MSNBC
"Thirty-four of the last 44 (debt ceiling increases) have been for less than a year. So, this notion that short-term is somehow the exception, it's actually the rule."
True
By Stephen Koff • July 27, 2011
Barack Obama
Barack Obama
stated on July 25, 2011 a televised address
"President Reagan did it (raised the debt ceiling) 18 times.  George W. Bush did it seven times."
True
July 26, 2011
Marcy Kaptur
Marcy Kaptur
stated on June 24, 2011 a speech in the House of Representatives
"Creeping defense commitments in (the Middle East) and globally now consume over half the U.S. discretionary budget annually."
True
By Sabrina Eaton • July 1, 2011
Jon Huntsman
Jon Huntsman
stated on June 22, 2011 an interview on "Morning Joe."
The U.S. is spending "one out of every six Defense Department dollars on Afghanistan."
True
By Angie Drobnic Holan • June 23, 2011
Michele Bachmann
Michele Bachmann
stated on June 13, 2011 a debate in New Hampshire
Then-Sen. Barack Obama "refused to raise the debt ceiling because he said President Bush had failed in leadership."
True
By Angie Drobnic Holan • June 14, 2011
Tim Ryan
Tim Ryan
stated on May 24, 2011 a speech in the House of Representatives
The average person "will pay $6,000 more a year" under Rep. Paul Ryan's Medicare proposal.
True
By Sabrina Eaton • June 13, 2011
Elijah Cummings
Elijah Cummings
stated on May 24, 2011 a congressional subcommittee hearing
The budget for the Consumer Financial Protection Bureau "is only about 1 percent of the amount banks generate just from late fees and overdraft fees."
True
By Louis Jacobson • June 8, 2011
Eric Cantor
Eric Cantor
stated on May 18, 2011 a Town Hall conversation.
"If you look at the benefits and wages of recorded federal employees, they far outstrip the market rates of the private sector."
True
By Wes Hester • May 31, 2011
Randy Forbes
Randy Forbes
stated on May 5, 2011 a statement.
Failure to raise the debt limit does not force a U.S. default on debt payments.
True
By Wes Hester • May 16, 2011
David Stockman
David Stockman
stated on May 1, 2011 an interview on 'This Week with Christiane Amanpour'
Rep. Paul Ryan's budget proposal cuts "nothing" from Medicare, Social Security or defense in the next two to three years, and "in three years, he does not cut one dime from the debt."
True
By Angie Drobnic Holan • May 4, 2011
Paul Krugman
Paul Krugman
stated on April 18, 2011 a newspaper column
"Large majorities" of the public "oppose major changes to Medicare" and favor higher taxes on the wealthy.
True
By Angie Drobnic Holan • April 25, 2011
Mark Warner
Mark Warner
stated on April 17, 2011 a TV appearance.
"Right now we are spending at an all-time high, close to 25 percent of our GDP [is] being spent on the federal government. But our revenues are at an almost all-time low of about 15 percent [of GDP]."
True
By Jacob Geiger • April 22, 2011
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