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Latest Fact-Checks In Deficit

Clear
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
Mitt Romney
Mitt Romney
stated on May 16, 2012 a speech in St. Petersburg, Fla.
National debt plus unfunded liabilities adds up to $520,000 per American household.
Half-True
By Amy Sherman • May 22, 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
Tim Kaine
Tim Kaine
stated on December 7, 2011 in a debate
George Allen and his colleagues in the Senate "turned the biggest surplus in the history of the United States into the biggest deficit in the history of the United States."
Half-True
By Sean Gorman • May 15, 2012
Jamie Radtke
Jamie Radtke
stated on April 5, 2012 a statement
If Congress froze the current spending level and then cut it by 2 percent annually, "we could balance the budget in five years."
Mostly True
By Nancy Madsen • May 10, 2012
Chain email
Chain email
stated on April 30, 2012 a chain e-mail
Says President Barack Obama "added" $6.5 trillion to the national debt in his first term, more than the $6.3 trillion added by the previous 43 presidents combined.
Mostly False
By Bill Wichert • May 4, 2012
Barry Hinckley
Barry Hinckley
stated on April 21, 2012 an interview on State of the State
President Obama gave Egypt's Muslim Brotherhood one and a half billion dollars.
False
By C. Eugene Emery Jr. • April 27, 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
Barry Hinckley
Barry Hinckley
stated on April 11, 2012 a campaign event.
The "Buffett rule" "raises virtually no money, maybe a day and a half of our borrowing per year."
Mostly True
By Alex Kuffner • April 15, 2012
Jim Renacci
Jim Renacci
stated on April 5, 2012 a campaign email
"Since President Obama took office, our federal spending has increased by nearly 30 percent and our national debt has increased by almost 50 percent."
Half-True
By Sabrina Eaton • April 13, 2012
Dolores Gresham
Dolores Gresham
stated on February 29, 2012 an interview with reporters following presentation of improved lottery revenues.
"Right now we have sufficient reserves to take care of Tennessee's lottery scholarship students for a few years more."
False
By Richard Locker • March 29, 2012
Mitt Romney
Mitt Romney
stated on March 2, 2012 a rally in Cleveland, Ohio
Says in the 2012 State of the Union address, President Obama "didn't even mention the deficit or debt."
Pants on Fire!
By Molly Moorhead • March 5, 2012
Bob McDonnell
Bob McDonnell
stated on February 24, 2012 a symposium.
President Obama's "budget would call for about $25 trillion in debt by the end of his term, if he was re-elected."
Mostly False
By Sean Gorman • March 5, 2012
Chris Christie
Chris Christie
stated on February 21, 2012 an interview on CNN’s “Piers Morgan Tonight”
Says "we had to cut 13 billion dollars in state spending over two years."
False
By Erin O'Neill • March 4, 2012
Red, White and Blue Fund
Red, White and Blue Fund
stated on February 24, 2012 a campaign ad
Mitt Romney "left Massachusetts $1 billion in debt."
False
By Louis Jacobson • March 2, 2012
Joseph Kyrillos
Joseph Kyrillos
stated on February 1, 2012 a speech at his campaign kickoff
"Senator Menendez said he would spend our money wisely. But our annual national deficit climbed from $250 billion a year to $1.6 trillion on his watch."
Half-True
By Bill Wichert • February 13, 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
Barry Hinckley
Barry Hinckley
stated on January 17, 2012 a YouTube video
"Sheldon Whitehouse's failure of leadership, the adding of almost $8 trillion in debt in his first full term, is shameful..."
Half-True
By C. Eugene Emery Jr. • January 31, 2012
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