Statements about Debt
"At present spending levels, only citizens of New York have a greater local debt burden than Texans."
"The state budget has actually grown by $4.6 billion under" Gov. Scott Walker’s actions.
"The reason we have a national debt is not because of defense spending. What is driving our long-term debt are Medicare and Social Security programs."
"Our national debt is as low as it has been since World War II."
Under Obama, the national debt "has been reduced every year for the last five years."
"The national debt is on track to double during Obama’s presidency."
Says the U.S. national debt has tripled during Rep. Greg Walden’s time in Congress.
Says Alex Sink supported "a $5.2 billion increase in Florida's debt."
Under President George W. Bush, "we added $4.9 trillion to the debt. Under President Obama … we’ve added $6.5 trillion to the debt."
"Woodrow Wilson borrowed $30 billion to fund World War I in 1917. That money has not been paid back. And we are still paying interest on it."
Says under President Barack Obama, the debt increased by 23 percent, which was less than under any president going back to Ronald Reagan.
"We went from $160 billion deficit spending in (President George W.) Bush's last year to $1.6 trillion the following year."
The federal government "has $3 trillion in cash flow, so we can pay our bills" and won’t default.
A congressional laundry closed due to the partial government shutdown.
"The amount of interest" paid on the federal debt exceeds "total tax revenue."
Because of Gov. Scott Walker’s budgeting, a greater percentage of general fund tax dollars is "going to pay off debt than ever before in our history."
"I’ve got the spending down, I’ve got the debt down a little bit, I’ve got the reserves up."
On average, college students "are taking six years to get a four-year degree."
Says "in Oregon today, the average debt upon college graduation is more than $24,000."
"The Congressional Budget Office, a nonpartisan office, did an analysis and said that passing comprehensive immigration reform will reduce the federal deficit by $200 billion over the next decade."
How to contact us:
We want to hear your suggestions and comments. For tips or comments on our campaign promise database, please e-mail the Obameter. If you are commenting on a specific promise, please include the promise number. For comments about our Truth-O-Meter or Flip-O-Meter items, please e-mail the Truth-O-Meter. We’re especially interested in seeing any chain e-mails you receive that you would like us to check out. If you send us a comment, we'll assume you don't mind us publishing it unless you tell us otherwise.
Browse the The Truth-O-MeterTM:
Browse The Obameter:
Keep up to date with Politifact National: