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Latest Fact-Checks In Economy

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Michelle Malkin
Michelle Malkin
stated on August 2, 2009 on This Week with George Stephanopoulos
A former Clinton administration official and other economists agree that "if you keep extending these temporary unemployment benefits, you're just going to extend joblessness even more."
Half-True
By Louis Jacobson • August 4, 2009
Steny Hoyer
Steny Hoyer
stated on July 21, 2009 a statement on the House floor.
There were more job losses per month in the last three months under President Bush than in the past three months under President Obama.
Mostly True
By Louis Jacobson • July 23, 2009
Barack Obama
Barack Obama
stated on July 11, 2009 his weekly radio address
The stimulus "has delivered $43 billion in tax relief to American working families and businesses"
Half-True
By Catharine Richert • July 22, 2009
Robert Bennett
Robert Bennett
stated on July 15, 2009 a news release.
The Obama administration has spent millions of taxpayer dollars for roadside signs to tout the economic stimulus.
Half-True
By Louis Jacobson • July 17, 2009
Sarah Palin
Sarah Palin
stated on July 14, 2009 an op-ed article in the Washington Post.
"Job losses are so certain under this new cap-and-tax plan that it includes a provision accommodating newly unemployed workers from the resulting dried-up energy sector, to the tune of $4.2 billion over eight years. So much for creating jobs."
Mostly True
By Catharine Richert • July 16, 2009
Jon Kyl
Jon Kyl
stated on July 12, 2009 an interview on This Week with George Stephanopolous.
"Only about 6.8 percent of the (stimulus) money has actually been spent."
Mostly True
By Louis Jacobson • July 15, 2009
Joe Biden
Joe Biden
stated on July 9, 2009 a news release.
"Across the country, $174 billion of the Recovery Act have been committed in its first 130 days."
Mostly True
By Catharine Richert • July 15, 2009
Eric Cantor
Eric Cantor
stated on July 8, 2009 a PBS interview.
"We were promised. The president said we would keep unemployment under 8.5 percent (if the stimulus passed)."
Mostly False
July 9, 2009
John Boehner
John Boehner
stated on July 2, 2009 a Web ad
"In North Carolina, they used stimulus money to hire one new state worker. His job, apply for more stimulus funds from the taxpayers by the way of the federal government."
False
July 7, 2009
John Boehner
John Boehner
stated on July 2, 2009 a Web ad
"In Wisconsin, the stimulus paid for a bridge to a bar called Rusty's Backwater Saloon. They've got great burgers, but no new jobs."
Mostly False
July 7, 2009
Democratic National Committee
Democratic National Committee
stated on July 2, 2009 a television ad
Mitch McConnell opposed "legislation to create and protect Kentucky jobs . . . help for the unemployed. . .  health care for Kentucky's children," and "fair pay for women."
Mostly False
By Angie Drobnic Holan • July 6, 2009
Paul Krugman
Paul Krugman
stated on June 22, 2009 a column
Even high estimates for an early draft of the health care plan are "less than the $1.8 trillion cost of the Bush tax cuts."
Mostly True
By Angie Drobnic Holan • June 24, 2009
Barack Obama
Barack Obama
stated on June 9, 2009 a statement at the White House
"In the first round of repayments"  from financial institutions that received TARP money, "the government has actually turned a profit."
True
June 10, 2009
Newt Gingrich
Newt Gingrich
stated on May 30, 2009 an e-mail
Inside the stimulus package "is anti-Christian legislation that will stop churches from using public schools for meeting on Sundays, as well as Boy Scouts and student Bible study groups."
Pants on Fire!
By Angie Drobnic Holan • June 8, 2009
John Boehner
John Boehner
stated on June 8, 2009 a press release.
Says Vice President Joe Biden "admits that the American people are being scammed" with the economic stimulus package.
Mostly False
By Catharine Richert • June 8, 2009
Barack Obama
Barack Obama
stated on May 27, 2009 a speech
In the 100 days since its passage, the economic stimulus has "saved or created nearly 150,000 jobs."
Mostly False
By Angie Drobnic Holan • May 29, 2009
Mark Sanford
Mark Sanford
stated on April 30, 2009 a commentary piece
"Our government has now 'spent, lent, or committed' $12.8 trillion in its attempt to blunt the recession."
True
May 15, 2009
George Will
George Will
stated on March 24, 2009 a column published by the Washington Post and other news organizations.
"Congress shoveled $700 billion into the Troubled Assets Relief Program, $325 billion of which has been spent without purchasing any toxic assets."
True
By Bill Adair • April 9, 2009
Michele Bachmann
Michele Bachmann
stated on March 25, 2009 a press release.
"Secretary Geithner has left the option on the table" of abandoning the dollar for a multinational currency.
False
By Alexander Lane • April 1, 2009
Barack Obama
Barack Obama
stated on March 22, 2009 a television interview
"Warren (Buffett) still does support me."
True
By Alexander Lane • March 23, 2009
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