Latest False Fact-checks in Deficit Jon Huntsman stated on January 8, 2012 in an NBC-Facebook debate in Concord, N.H.: Says the Simpson-Bowles deficit reduction proposal went from President Barack Obama's desk to "the garbage can." Rush Holt stated on December 6, 2011 in a telephone town hall meeting: Says in 1944 "we were in debt more than twice as much as we are now." Newt Gingrich stated on December 15, 2011 in a Republican presidential debate in Sioux City, Iowa: "I balanced the budget for four straight years, paid off $405 billion in debt." Michele Bachmann stated on November 9, 2011 in a Republican presidential debate in Michigan: "By 2015, we will be sending so much interest" to China that "we will be paying for the entire People's Liberation Army." Occupy Providence stated on October 19, 2011 in a protest sign: "Minimum wage = $16,000/year CEO-Goldman Sachs (Lloyd Blankfein) $16,000/Hour." National Republican Senatorial Committee stated on September 19, 2011 in a news release: Says U.S. Rep. Tammy Baldwin is backing President Barack Obama’s plan to pass a $1.5 trillion tax increase. Jon Runyan stated on September 3, 2011 in a mailer posted on bluejersey.com: The deal to raise the nation’s debt ceiling will "directly link a debt ceiling increase to spending cuts for the first time ever." Michele Bachmann stated on August 11, 2011 in a debate in Ames, Iowa: When Standard & Poor's "dropped our credit rating, what they said is, we don't have an ability to repay our debt. ... I was proved right in my position" that the debt ceiling should not have been raised. Ron Paul stated on August 11, 2011 in in a debate in Ames, Iowa: "The country's bankrupt." Eric Cantor stated on July 26, 2011 in a TV interview.: "Harry Reid’s plan is basically giving the president a blank check." Tom Price stated on July 24, 2011 in an interview on CNN's "State of the Union with Candy Crowley": "The U.S. won't default, because default means that you don't pay your creditors. And it takes about 10 percent of the money that's coming in right now" to pay interest to bondholders. Jim DeMint stated on June 27, 2011 in a news release: Says U.S. Sen. Sherrod Brown is responsible for "over $14 trillion in debt." George Allen stated on July 2, 2011 in a TV interview.: "China owns more of our bonds than do Americans." National Republican Senatorial Committee stated on June 3, 2011 in a press release.: "President Obama and liberal former DNC Chairman Tim Kaine’s $787 billion stimulus failed to create jobs." Robert Hurt stated on June 3, 2011 in an e-mail newsletter.: Non-defense discretionary spending has increased "by over 80 percent in the last two years." Scott Rigell stated on June 3, 2011 in a newsletter.: "The (national) debt really added up $75 trillion in 2010 and is on track to hit $99 trillion this year." Sarah Palin stated on May 31, 2011 in an interview with Fox News' Greta Van Susteren: "Look at the debt that has been accumulated in the last two years. It's more debt under this president than all those other presidents combined." Newt Gingrich stated on May 11, 2011 in a presidential campaign announcement video: "For four years, we balanced the budget and paid off $405 billion in debt." Tom Petri stated on April 29, 2011 in a constituent newsletter: Says President Barack Obama’s debt commission recommended converting Medicare "to a system where Medicare participants are given a voucher to purchase insurance in the private market." Barack Obama stated on April 27, 2011 in a press conference: Says stories about his birth certificate drowned out media coverage of the Republican and White House budget plans the week of April 11. John Boehner stated on April 25, 2011 in an interview with ABC news: President Barack Obama "took exactly none of his own deficit reduction commission’s ideas. Not one." Herman Cain stated on April 16, 2011 in a speech in Iowa: China holds 26 percent of the U.S. debt. Jean Schmidt stated on April 14, 2011 in a speech in the House of Representatives: "For every 33 pregnant women that walk into a Planned Parenthood clinic, 32 receive an abortion." Paul Broun stated on April 1, 2011 in a speech before Congress: Says the federal government borrows "almost $60 billion per week." Barack Obama stated on February 22, 2011 in a speech in Cleveland, Ohio: The president’s proposed budget "will help reduce the deficit by $400 billion over the next decade to the lowest level since Dwight Eisenhower was president." Barack Obama stated on February 15, 2011 in a press conference: Under the White House’s budget proposal, "we will not be adding more to the national debt" by the middle of the decade. Sherrod Brown stated on December 9, 2010 in a CNN interview: The tax cut deal is giving "$700 billion to millionaires and billionaires." George Allen stated on November 5, 2010 in a newspaper Op/Ed: The debt is "nearly $6 trillion more than when President Obama was sworn into office." Bobby Scott stated on October 12, 2010 in a statement in the Times-Dispatch voters' guide: "If all of the [Bush-era] tax cuts expire on schedule, the budget will be close to being balanced in four years."
Jon Huntsman stated on January 8, 2012 in an NBC-Facebook debate in Concord, N.H.: Says the Simpson-Bowles deficit reduction proposal went from President Barack Obama's desk to "the garbage can." Rush Holt stated on December 6, 2011 in a telephone town hall meeting: Says in 1944 "we were in debt more than twice as much as we are now." Newt Gingrich stated on December 15, 2011 in a Republican presidential debate in Sioux City, Iowa: "I balanced the budget for four straight years, paid off $405 billion in debt." Michele Bachmann stated on November 9, 2011 in a Republican presidential debate in Michigan: "By 2015, we will be sending so much interest" to China that "we will be paying for the entire People's Liberation Army." Occupy Providence stated on October 19, 2011 in a protest sign: "Minimum wage = $16,000/year CEO-Goldman Sachs (Lloyd Blankfein) $16,000/Hour." National Republican Senatorial Committee stated on September 19, 2011 in a news release: Says U.S. Rep. Tammy Baldwin is backing President Barack Obama’s plan to pass a $1.5 trillion tax increase. Jon Runyan stated on September 3, 2011 in a mailer posted on bluejersey.com: The deal to raise the nation’s debt ceiling will "directly link a debt ceiling increase to spending cuts for the first time ever." Michele Bachmann stated on August 11, 2011 in a debate in Ames, Iowa: When Standard & Poor's "dropped our credit rating, what they said is, we don't have an ability to repay our debt. ... I was proved right in my position" that the debt ceiling should not have been raised. Ron Paul stated on August 11, 2011 in in a debate in Ames, Iowa: "The country's bankrupt." Eric Cantor stated on July 26, 2011 in a TV interview.: "Harry Reid’s plan is basically giving the president a blank check." Tom Price stated on July 24, 2011 in an interview on CNN's "State of the Union with Candy Crowley": "The U.S. won't default, because default means that you don't pay your creditors. And it takes about 10 percent of the money that's coming in right now" to pay interest to bondholders. Jim DeMint stated on June 27, 2011 in a news release: Says U.S. Sen. Sherrod Brown is responsible for "over $14 trillion in debt." George Allen stated on July 2, 2011 in a TV interview.: "China owns more of our bonds than do Americans." National Republican Senatorial Committee stated on June 3, 2011 in a press release.: "President Obama and liberal former DNC Chairman Tim Kaine’s $787 billion stimulus failed to create jobs." Robert Hurt stated on June 3, 2011 in an e-mail newsletter.: Non-defense discretionary spending has increased "by over 80 percent in the last two years." Scott Rigell stated on June 3, 2011 in a newsletter.: "The (national) debt really added up $75 trillion in 2010 and is on track to hit $99 trillion this year." Sarah Palin stated on May 31, 2011 in an interview with Fox News' Greta Van Susteren: "Look at the debt that has been accumulated in the last two years. It's more debt under this president than all those other presidents combined." Newt Gingrich stated on May 11, 2011 in a presidential campaign announcement video: "For four years, we balanced the budget and paid off $405 billion in debt." Tom Petri stated on April 29, 2011 in a constituent newsletter: Says President Barack Obama’s debt commission recommended converting Medicare "to a system where Medicare participants are given a voucher to purchase insurance in the private market." Barack Obama stated on April 27, 2011 in a press conference: Says stories about his birth certificate drowned out media coverage of the Republican and White House budget plans the week of April 11. John Boehner stated on April 25, 2011 in an interview with ABC news: President Barack Obama "took exactly none of his own deficit reduction commission’s ideas. Not one." Herman Cain stated on April 16, 2011 in a speech in Iowa: China holds 26 percent of the U.S. debt. Jean Schmidt stated on April 14, 2011 in a speech in the House of Representatives: "For every 33 pregnant women that walk into a Planned Parenthood clinic, 32 receive an abortion." Paul Broun stated on April 1, 2011 in a speech before Congress: Says the federal government borrows "almost $60 billion per week." Barack Obama stated on February 22, 2011 in a speech in Cleveland, Ohio: The president’s proposed budget "will help reduce the deficit by $400 billion over the next decade to the lowest level since Dwight Eisenhower was president." Barack Obama stated on February 15, 2011 in a press conference: Under the White House’s budget proposal, "we will not be adding more to the national debt" by the middle of the decade. Sherrod Brown stated on December 9, 2010 in a CNN interview: The tax cut deal is giving "$700 billion to millionaires and billionaires." George Allen stated on November 5, 2010 in a newspaper Op/Ed: The debt is "nearly $6 trillion more than when President Obama was sworn into office." Bobby Scott stated on October 12, 2010 in a statement in the Times-Dispatch voters' guide: "If all of the [Bush-era] tax cuts expire on schedule, the budget will be close to being balanced in four years."
Jon Huntsman stated on January 8, 2012 in an NBC-Facebook debate in Concord, N.H.: Says the Simpson-Bowles deficit reduction proposal went from President Barack Obama's desk to "the garbage can."
Rush Holt stated on December 6, 2011 in a telephone town hall meeting: Says in 1944 "we were in debt more than twice as much as we are now."
Newt Gingrich stated on December 15, 2011 in a Republican presidential debate in Sioux City, Iowa: "I balanced the budget for four straight years, paid off $405 billion in debt."
Michele Bachmann stated on November 9, 2011 in a Republican presidential debate in Michigan: "By 2015, we will be sending so much interest" to China that "we will be paying for the entire People's Liberation Army."
Occupy Providence stated on October 19, 2011 in a protest sign: "Minimum wage = $16,000/year CEO-Goldman Sachs (Lloyd Blankfein) $16,000/Hour."
National Republican Senatorial Committee stated on September 19, 2011 in a news release: Says U.S. Rep. Tammy Baldwin is backing President Barack Obama’s plan to pass a $1.5 trillion tax increase.
Jon Runyan stated on September 3, 2011 in a mailer posted on bluejersey.com: The deal to raise the nation’s debt ceiling will "directly link a debt ceiling increase to spending cuts for the first time ever."
Michele Bachmann stated on August 11, 2011 in a debate in Ames, Iowa: When Standard & Poor's "dropped our credit rating, what they said is, we don't have an ability to repay our debt. ... I was proved right in my position" that the debt ceiling should not have been raised.
Eric Cantor stated on July 26, 2011 in a TV interview.: "Harry Reid’s plan is basically giving the president a blank check."
Tom Price stated on July 24, 2011 in an interview on CNN's "State of the Union with Candy Crowley": "The U.S. won't default, because default means that you don't pay your creditors. And it takes about 10 percent of the money that's coming in right now" to pay interest to bondholders.
Jim DeMint stated on June 27, 2011 in a news release: Says U.S. Sen. Sherrod Brown is responsible for "over $14 trillion in debt."
George Allen stated on July 2, 2011 in a TV interview.: "China owns more of our bonds than do Americans."
National Republican Senatorial Committee stated on June 3, 2011 in a press release.: "President Obama and liberal former DNC Chairman Tim Kaine’s $787 billion stimulus failed to create jobs."
Robert Hurt stated on June 3, 2011 in an e-mail newsletter.: Non-defense discretionary spending has increased "by over 80 percent in the last two years."
Scott Rigell stated on June 3, 2011 in a newsletter.: "The (national) debt really added up $75 trillion in 2010 and is on track to hit $99 trillion this year."
Sarah Palin stated on May 31, 2011 in an interview with Fox News' Greta Van Susteren: "Look at the debt that has been accumulated in the last two years. It's more debt under this president than all those other presidents combined."
Newt Gingrich stated on May 11, 2011 in a presidential campaign announcement video: "For four years, we balanced the budget and paid off $405 billion in debt."
Tom Petri stated on April 29, 2011 in a constituent newsletter: Says President Barack Obama’s debt commission recommended converting Medicare "to a system where Medicare participants are given a voucher to purchase insurance in the private market."
Barack Obama stated on April 27, 2011 in a press conference: Says stories about his birth certificate drowned out media coverage of the Republican and White House budget plans the week of April 11.
John Boehner stated on April 25, 2011 in an interview with ABC news: President Barack Obama "took exactly none of his own deficit reduction commission’s ideas. Not one."
Jean Schmidt stated on April 14, 2011 in a speech in the House of Representatives: "For every 33 pregnant women that walk into a Planned Parenthood clinic, 32 receive an abortion."
Paul Broun stated on April 1, 2011 in a speech before Congress: Says the federal government borrows "almost $60 billion per week."
Barack Obama stated on February 22, 2011 in a speech in Cleveland, Ohio: The president’s proposed budget "will help reduce the deficit by $400 billion over the next decade to the lowest level since Dwight Eisenhower was president."
Barack Obama stated on February 15, 2011 in a press conference: Under the White House’s budget proposal, "we will not be adding more to the national debt" by the middle of the decade.
Sherrod Brown stated on December 9, 2010 in a CNN interview: The tax cut deal is giving "$700 billion to millionaires and billionaires."
George Allen stated on November 5, 2010 in a newspaper Op/Ed: The debt is "nearly $6 trillion more than when President Obama was sworn into office."
Bobby Scott stated on October 12, 2010 in a statement in the Times-Dispatch voters' guide: "If all of the [Bush-era] tax cuts expire on schedule, the budget will be close to being balanced in four years."