PolitiFact.com
Statements about Debt
League of Women Voters of the Austin Area

League of Women Voters of the Austin Area

Half-True

Possible, not certain

Says opponents of proposed Austin school district bonds say the district’s "debt load doubles with these new bonds."

Lloyd Doggett

Lloyd Doggett

Half-True

Flawed fiscal flashback

"The last time Republicans held hostage a resolution to ensure that our country’s bills were paid cost us more than $1 billion in added interest and slowed the economic recovery."

Rick Perry

Rick Perry

False

Up $5 trillion, not all Obama's fault

Says Barack Obama has added $16 trillion to the national debt.

John Cornyn

John Cornyn

Mostly False

Math solid, but Republicans ruled much of period

Says that when Democrats controlled Congress and the White House, federal spending as a share of the Gross Domestic Product leapt from 18.2 percent in 2001 to 25.2 percent in 2009 -- the largest such increase in any eight-year period since World War II. 

Ted Cruz

Ted Cruz

Half-True

Outside debt approaching 75 percent of GDP

Says our national debt is greater than our gross domestic product.

Paul Sadler

Paul Sadler

Mostly True

Almost, adjusted for inflation

Says federal debt "doubled during the Bush administration."

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