PolitiFact

Hakeem Jeffries stated on July 02, 2025 in a House floor speech:

President Donald Trump’s tax law has “tax breaks for billionaires, permanent; tax breaks for everybody else, expire.”

By Louis Jacobson• July 8, 2025

Americans for Prosperity stated on April 26, 2012 in a TV ad:

Says the stimulus bill sent tax credits overseas, such as "half a billion to an electric car company that created hundreds of jobs in Finland."

By Becky Bowers• May 3, 2012

Facebook posts stated on February 23, 2020 in a Facebook post:

“Trump’s farmer bailout is now twice the size of Obama’s GM bailout. The big difference is GM paid their bailout back — with interest.”

By Tom Kertscher• February 26, 2020

Barack Obama stated on January 07, 2015 in a speech in Detroit:

"The auto companies have now repaid taxpayers every dime and more of what my administration invested in."

By Steve Contorno• January 22, 2015

Sherrod Brown stated on May 14, 2012 in an email campaign statement:

Says Josh Mandel opposed federal loans to the auto industry.

By Henry J. Gomez• May 18, 2012

Barack Obama stated on March 15, 2012 in in campaign video “The Road We’ve Traveled”:

"(GM and Chrysler) repaid their loans."

By Becky Bowers• March 21, 2012

Jim Renacci stated on January 04, 2011 in an interview on WCPN 90.3 FM:

"For [GM] to pay back everything it owes, it would have to sell its shares at $143 a share . . . where the highest value of a General Motors share ever was $43, $44, $46, whatever the dollars were . . ."

By Tom Feran• February 9, 2011

Mitt Romney stated on October 29, 2012 in a television ad:

Says Barack Obama "sold Chrysler to Italians who are going to build Jeeps in China" at the cost of American jobs.

By Jon Greenberg• October 30, 2012

Sherrod Brown stated on April 15, 2012 in a news release:

Says the average Ohio student graduates from a four-year college or university with nearly $27,000 in tuition debt.

By Tom Feran• May 7, 2012

David Axelrod stated on January 15, 2010 in an op-ed in the Washington Post.:

When President Bush took office in 2001, he inherited a $236 billion budget surplus, with a projected 10-year surplus of $5.6 trillion. When he ended his term, he left a $1.3 trillion deficit and a projected 10-year shortfall of $8 trillion.

By Catharine Richert• January 15, 2010

Pete Gallego stated on May 14, 2014 in an email blast:

"The average student loan debt in Texas is over $22,000...the cost of an average size pickup truck." But unlike car owners, "students are not allowed to refinance their loans at lower rates."

By W. Gardner Selby• June 9, 2014

Hillary Clinton stated on May 16, 2016 in remarks at a Kentucky rally:

"We just had the best year for the auto industry in America in history."

By Lauren Carroll• May 20, 2016

Mitt Romney stated on October 03, 2012 in the first presidential debate in Denver:

"In one year, (President Obama) provided $90 billion in breaks to the green energy world … into solar and wind, to Solyndra and Fisker and Tesla and Ener1."

By Becky Bowers• October 5, 2012

Facebook posts stated on August 25, 2022 in a post:

Student debt relief is taxable by the Internal Revenue Service.

By Jeff Cercone• August 30, 2022

Bill Pascrell stated on March 19, 2012 in a news release:

Says Congressman Steve Rothman voted against funding for President Barack Obama’s auto bailout and would have let automakers go bankrupt.

By Bill Wichert• March 29, 2012

Kelly Ayotte stated on May 08, 2012 in an email to the news media:

Says the Affordable Care Act was a federal takeover of the student loan industry and ‘profits’ on the loans go to help pay for the health care law.

By Maryalice Gill• June 1, 2012

Ed Whitacre stated on April 21, 2010 in a TV ad:

GM has "repaid our government loan, in full, with interest, five years ahead of the original schedule."

By Robert Farley• April 27, 2010

Tim Canova stated on March 24, 2016 in campaign website:

"After taking hundreds of thousands of dollars from Goldman Sachs and other Wall Street banks, (Debbie Wasserman Schultz) has voted to prevent the Consumer Financial Protection Bureau from regulating payday loans and addressing racial discrimination in car loans."

By Amy Sherman• March 30, 2016

Instagram posts stated on December 19, 2023 in a video:

Video shows Trump promising to pause student loan payments and cancel payroll tax if reelected in 2024.

By Kwasi Gyamfi Asiedu• January 4, 2024

Pat McCrory stated on September 17, 2021 in a radio interview:

Ted Budd’s family used AgriBioTech money to help “give donations to these Washington special interest groups that are running negative ads against me in the Senate race.”

By Paul Specht• October 8, 2021

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