Plan works, but some better off with Social Security
"In Galveston, Texas, they have allowed people to privatize part of their Social Security. And people are building wealth."
Bipartisan effort has helped veterans
President Obama budget request for veterans is "more than double the amount in constant dollars appropriated in 1980, when the veterans population was larger by a third."
Says when he was governor, "we expanded participation in Virginia in early childhood programs by nearly 40 percent."
But a rosier scenario also exists
Says the Congressional Budget Office has estimated "every penny of the federal budget will go to interest on the debt and entitlement spending by 2025."
No doubt about it
"In 1950, the average American lived for 68 years and 16 workers supported one retiree. Today, the average life expectancy is 78 and three workers support one retiree."
Right on the money
Says he "cut taxes by more than $600 million" when he was governor.
The numbers add up
"The national debt is equal to $48,700 for every American or $128,300 for every U.S. household. It is now equivalent to the size of our entire economy."
Who would have guessed?
"Chesterfield has eliminated more positions from its general government operations than the Commonwealth has from the entire state government since (fiscal) 2009."
A tiny loss of school funding
Gov. Bob McDonnell’s budget plan takes "money out of our classrooms to pave roads."
A record setter, indeed
Says he’s proposed "the largest employer contribution to the Virginia Retirement System in history."
A valid estimate
Small businesses "create 70 percent of the jobs in America."
Actually, he was one of 15
"I was one of about a dozen (senators) who voted against the Bridge to Nowhere."
The national debt increased $16,000 every second George Allen served in the U.S. Senate.
Coal makes U.S. king
The United States "is number one in the world in energy resources; Russia is number two."
Warner adds by deducting
The U.S. would gain revenue by cutting personal income tax rates in half and ending tax breaks.
Specifically, it's the Big-Headed Ant
"(Stimulus money) went to critically important projects like studying ants in Africa."
Although some say it was 17 times
"Ronald Reagan raised the national debt 18 times."
Cites savings to average working household
Says his proposed payroll tax cut "will mean an extra $1,500 in your pocket compared to if we do nothing."
His numbers are solid
"The estimated savings of this (debt ceiling) deal only pay for half of the cost of extending all of the Bush-era tax cuts for another decade."
Statistics back his claim
Ninety percent of the job growth in Virginia has been in the private sector.
© 2015 • All Rights Reserved • Tampa Bay Times
490 First Avenue South • St. Petersburg, FL 33701 • 727-893-8111
About PolitiFact | Contact Us | Advertise