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Latest Fact-Checks In Economy

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Eric Cantor
Eric Cantor
stated on November 14, 2011 a news conference.
The U.S. economy "is three times as big as China's."
Mostly True
By Sean Gorman • December 5, 2011
David Frum
David Frum
stated on November 28, 2011 a New York magazine article.
"Eighty percent of the net new jobs created in the state of Texas since 2009 went to the foreign-born."
Half-True
By W. Gardner Selby • December 2, 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
Lisa Baldelli-Hunt
Lisa Baldelli-Hunt
stated on November 17, 2011 a General Assembly debate on pension overhaul
"Eighty-five percent . . . of Rhode Island tax returns that were filed for the year 2010 . . . were from individuals who earned $30,000 or less."
Pants on Fire!
By C. Eugene Emery Jr. • December 1, 2011
Democratic National Committee
Democratic National Committee
stated on November 28, 2011 a Web ad
Says Mitt Romney has changed his position on supporting the TARP program.
False
By Molly Moorhead • November 30, 2011
Republican National Committee
Republican National Committee
stated on November 30, 2011 a Web video
In Pennsylvania, President Barack Obama’s policies have increased unemployment 19 percent, led to the loss of 37,900 manufacturing jobs, and left 189,000 more people in poverty.
Half-True
By Louis Jacobson • November 30, 2011
Rob Portman
Rob Portman
stated on November 11, 2011 a Joint Select Committee on Deficit Reduction hearing
"We have the second highest corporate tax rate among our trading partners."
Mostly True
By Peter Krouse • November 28, 2011
Steve Rothman
Steve Rothman
stated on November 2, 2011 a statement in the Congressional Record
"Currently it costs more than a penny for the U.S. Mint to make a one cent coin and more than a nickel to make the five cent piece."
True
By Erin O'Neill • November 24, 2011
Rick Perry
Rick Perry
stated on November 22, 2011 the CNN Republican presidential debate
"When you sanction the Iranian central bank, that will shut down (Iran's) economy."
Half-True
By W. Gardner Selby • November 23, 2011
Mitt Romney
Mitt Romney
stated on November 21, 2011 a television ad
Says Barack Obama said, "If we keep talking about the economy, we’re going to lose."
Pants on Fire!
By Louis Jacobson • November 22, 2011
Maurice Thompson
Maurice Thompson
stated on November 10, 2011 a news conference
Says unemployment in Ohio "is significantly higher than the unemployment rate in states which are not forced union states and it’s always been that way."
False
By Aaron Marshall • November 21, 2011
Josh Mandel
Josh Mandel
stated on November 14, 2011 a radio interview
Says that Sen. Sherrod Brown is "out there egging on a lot of these protesters who are spitting on policemen and going to the bathroom on policemen’s cars at these protests on Wall Street and other places." 
Pants on Fire!
By Henry J. Gomez • November 18, 2011
Rick Perry
Rick Perry
stated on November 16, 2011 a television ad
Says President Barack Obama thinks Americans are lazy.
Mostly False
By Meghan Ashford-Grooms • November 17, 2011
John Kasich
John Kasich
stated on November 25, 2011 a speech
"One-third of our college grads leave Ohio within three years."
Mostly True
By Reginald Fields • November 17, 2011
Public Notice
Public Notice
stated on November 14, 2011 a political ad
"41 cents out of every dollar (the U.S. spends) is borrowed from places like China."
Mostly True
By Angie Drobnic Holan • November 16, 2011
Rick Scott
Rick Scott
stated on November 14, 2011 a press release
The United States' regulations "are among the most difficult in the world." 
False
By Amy Sherman • November 16, 2011
Debbie Wasserman Schultz
Debbie Wasserman Schultz
stated on November 13, 2011 an interview on NBC's "Meet the Press"
After losing 750,000 jobs a month before this administration, the U.S. economy under Barack Obama has had 20 straight months of growth, has added 2.8 million jobs in the private sector and added "millions of jobs in manufacturing."
Half-True
By Louis Jacobson • November 15, 2011
Rod Smith
Rod Smith
stated on October 29, 2011 speech at Florida Democratic Party 2011 Convention
"Today 46 percent of all Floridians owe more on their home than it is worth."
Mostly True
By Katie Sanders • November 8, 2011
Betty Sutton
Betty Sutton
stated on October 25, 2011 a speech in the House of Representatives
"Every day in the United States, we are losing 15 factories."
True
By Sabrina Eaton • November 7, 2011
Nina Turner
Nina Turner
stated on October 24, 2011 an opinion column
"The collective net worth of Americans has taken a $5.5 trillion hit ... mainly due to plummeting home values."
True
By Henry J. Gomez • November 1, 2011
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