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Latest Fact-Checks In Economy

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Roy Barnes
Roy Barnes
stated on May 21, 2010 a campaign commercial:
When Roy Barnes was governor, "Georgia created 235,000 jobs."
Half-True
By Willoughby Mariano • June 5, 2010
Nancy Pelosi
Nancy Pelosi
stated on June 4, 2010 a news release:
"This year, we have added an average of 200,000 jobs per month, a majority in the private sector, a stark contrast to the Bush Administration record of losing an average of nearly 750,000 jobs per month in its last three months."
Half-True
By Louis Jacobson • June 4, 2010
Mark Critz
Mark Critz
stated on May 27, 2010 a speech on the House floor:
"The Democratic Congress has already taken significant steps to create jobs and jump-start the economy, resulting in the lowest tax rates in over 50 years and the creation of over 500,000 new jobs so far this year."
Half-True
By Louis Jacobson • June 2, 2010
Rick Scott
Rick Scott
stated on May 25, 2010 a speech to young Republicans in Tampa:
Florida ranks "45th out of 50 states'' for its regulatory climate for business.
Half-True
By Aaron Sharockman, Louis Jacobson • May 27, 2010
Lainey Melnick
Lainey Melnick
stated on April 23, 2010 an e-mail blast:
Says U.S. Rep. Lamar Smith supported the $700 billion Wall Street bailout in 2008, "but now he is standing in the way of reforms that would assure these bailouts would never happen again."
Mostly False
By W. Gardner Selby • May 19, 2010
George Will
George Will
stated on May 9, 2010 a roundtable discussion on ABC's This Week:
Sen. Robert Bennett, R-Utah, cast votes for TARP, the stimulus, and an individual mandate for health care.
Mostly False
By Louis Jacobson • May 12, 2010
George Will
George Will
stated on May 9, 2010 a roundtable segment on ABC's This Week:
Greece "has a GDP the size of the Dallas-Fort Worth Metroplex."
True
By Louis Jacobson • May 12, 2010
Ed Whitacre
Ed Whitacre
stated on April 21, 2010 a TV ad:
GM has "repaid our government loan, in full, with interest, five years ahead of the original schedule."
Half-True
By Robert Farley • April 27, 2010
Sherrod Brown
Sherrod Brown
stated on April 25, 2010 an interview on "This Week.":
"Fifteen years ago, the assets of the six largest banks in this country totaled 17 percent of GDP ... The assets of the six largest banks in the United States today total 63 percent of GDP."
True
By Angie Drobnic Holan • April 27, 2010
Sherrod Brown
Sherrod Brown
stated on April 25, 2010 an interview on ABC's This Week:
The financial services bill will end "too-big-to-fail."
Mostly False
By Louis Jacobson • April 26, 2010
House Natural Resources Committee Republicans
House Natural Resources Committee Republicans
stated on April 5, 2010 a news release posted on his website.:
"Obama did not open new lands to offshore drilling – all of these areas were already open for drilling once Congress and President Bush lifted the moratorium in 2008. Instead, President Obama yesterday announced what areas he would CLOSE to offshore drilling."
Mostly False
By Catharine Richert • April 23, 2010
Paul Ryan
Paul Ryan
stated on March 31, 2010 a speech to the Oklahoma Council of Public Affairs:
In 2004, "20 percent of U.S. households were getting about 75 percent of their income from the federal government. ... Another 20 percent were receiving almost 40 percent."
Mostly False
By Catharine Richert • April 21, 2010
Mitch McConnell
Mitch McConnell
stated on April 14, 2010 a press conference:
New financial regulation "actually guarantees future bailouts of Wall Street banks."
False
By Angie Drobnic Holan, Louis Jacobson • April 20, 2010
Bill Clinton
Bill Clinton
stated on April 18, 2010 an interview on ABC's This Week:
Passage of Clinton budget bill in 1993 "led to an enormous flowering of the economy in America."
Half-True
By Louis Jacobson • April 19, 2010
Richard Shelby
Richard Shelby
stated on March 25, 2010 a letter to Treasury Secretary Timothy Geithner:
"The bill reported out of committee sets up a $50 billion slush fund that, while intended for resolving failing firms, is available for virtually any purpose that the treasury secretary sees fit."
False
By Catharine Richert • April 16, 2010
Lindsey Graham
Lindsey Graham
stated on March 24, 2010 an appearance on the Fox News show "On the Record" with Greta Van Susteren:
"The average student will be spending $1,700 to $1,800 more during the life of their loan because of this surcharge."
False
By Catharine Richert • March 30, 2010
Marco Rubio
Marco Rubio
stated on March 28, 2010 a U.S. Senate primary debate on FOX News Sunday:
"Since that famous day in February where the governor campaigned with Barack Obama on behalf of the stimulus program, 211,000 Floridians have lost their jobs."
True
By Amy Hollyfield • March 28, 2010
Barbara Cargill
Barbara Cargill
stated on March 11, 2010 a State Board of Education meeting:
"The Federal Reserve system has presided over about a 95... percent decline in the U.S. dollar."
Mostly False
By Ciara O'Rourke • March 22, 2010
Annise Parker
Annise Parker
stated on March 10, 2010 a newspaper article:
"For years now, we have spent more money than we have taken in."
Half-True
By Ciara O'Rourke • March 21, 2010
Citizens for Lower Taxes and a Stronger Economy
Citizens for Lower Taxes and a Stronger Economy
stated on March 10, 2010 an Internet ad.:
Because of a local version of Amendment 4, "the taxpayers of St. Pete Beach have had to pay hundreds of thousands in legal bills."
True
By Aaron Sharockman • March 17, 2010
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