Thursday, October 2nd, 2014

Statements about Federal Budget

Mostly False

Under law, U.S. never pays less than 90 percent

False

Under Reagan, Clinton and W

Mostly True

Vouchers as alternative to federal bailout of auto makers

False

Smith as victim?

Half-True

Chained CPI will save the government money

Mostly True

It was more like $70 million

Mostly False

Doesn't grasp important distinctions in CBO report

Mostly True

claim comes close

Mostly False

All things counted, no

False

For starters, two-thirds of stimulus was tax cuts and entitlements