PolitiFact

Alan Essig stated on January 22, 2015 in blog post:

The governor’s budget proposal reduces the state austerity cut to education to under $500 million for 2016.

By Nancy Badertscher• February 6, 2015

Mike Haridopolos stated on June 09, 2011 in an 'Orlando Sentinel' op-ed:

"Obamacare cuts $500 billion in future Medicare funding in order to fund the new constitutionally questionable government mandate, even going so far as to scuttle Medicare's most popular (and successful) part, Medicare Advantage."

By Aaron Sharockman• June 10, 2011

Ted Cruz stated on July 12, 2014 in a roundtable with Texas businesses:

"Every year we spend roughly $500 billion on tax compliance. That is roughly the budget of our entire military, entirely wasted on tax compliance."

By W. Gardner Selby• May 20, 2015

Jim Renacci stated on May 11, 2012 in a campaign website posting:

Betty Sutton "gutted Medicare by $500 billion" with her vote for the president's health care bill.

By Tom Feran• May 21, 2012

Joe Scarborough stated on September 11, 2018 in a newspaper column:

"President Trump’s Republican Party will create more debt in one year than was generated in the first 200 years of America’s existence."

By Louis Jacobson• September 12, 2018

Mitt Romney stated on June 13, 2011 in a Republican presidential candidate debate in New Hampshire:

"Obamacare takes $500 billion out of Medicare and funds Obamacare."

By Angie Drobnic Holan• June 16, 2011

Will Weatherford stated on March 05, 2013 in remarks on first day of session:

The Legislature needs to spend $500 million to "shore up" the pension fund this year and the next 28 years to keep it "afloat."

By Katie Sanders• March 11, 2013

60 Plus Association stated on September 08, 2010 in a campaign ad:

The new health care law "will cut $500 billion from Medicare. That will hurt the quality of our care."

By Angie Drobnic Holan• September 20, 2010

Julián Castro stated on March 12, 2019 in a tweet:

Says President Donald Trump’s fiscal year 2020 budget "slashes investments in health care to pay for tax cuts to billionaires."

By Miriam Valverde• March 20, 2019

Jon Favreau stated on July 08, 2025 in Pod Save America:

“ICE will now become the country’s largest federal law enforcement agency, bigger than the FBI, bigger than the DEA.”

By Amy Sherman• July 11, 2025

U.S. Chamber of Commerce stated on May 09, 2012 in a TV ad:

"Seniors will see $500 billion in Medicare cuts to fund Obamacare."

By Aaron Sharockman• May 15, 2012

Jim Renacci stated on August 15, 2012 in a campaign email:

Says Betty Sutton and House Democrats "gutted" Medicare by $741 billion to pay for Obamacare.

By Tom Feran• August 24, 2012

George W. Bush stated on November 09, 2010 in his book, "Decision Points.":

Says that in his first 17 months as president, the United States doubled its world-leading $500 million a year commitment to fighting global AIDS.

By W. Gardner Selby• December 16, 2010

Mitt Romney stated on August 15, 2012 in an interview:

"Under the president's plan, he cuts Medicare by $716 billion, takes that money out of the Medicare trust fund and uses it to pay for Obamacare."

By Angie Drobnic Holan• August 20, 2012

Marco Rubio stated on March 24, 2015 in a Senate floor speech:

"Inflation-adjusted defense spending has declined 21 percent since 2010, and even if we discount the drawdowns in Iraq and Afghanistan, it has still declined by a dangerous 12 percent."

By Joshua Gillin• March 30, 2015

Stand for America stated on February 24, 2021 in a Facebook post:

The COVID-19 rescue bill includes money for a list of projects that are not COVID-related.

By Tom Kertscher• February 26, 2021

Bernie Sanders stated on February 25, 2019 in a CNN town hall event:

Says President Donald Trump "came forth with a budget — a trillion dollar cut in Medicaid, $500 billion to Medicare, and $72 billion for the Social Security Disability Fund."

By Jon Greenberg• March 6, 2019

Tom Price stated on March 18, 2015 in the 2016 Budget Resolution from House Budget Committee:

Under current conditions, by 2023, the interest payments on the national debt will be $722 billion, larger than the projected defense spending of $696 billion.

By April Hunt• March 27, 2015

Michele Bachmann stated on September 12, 2011 in the CNN/Tea Party Express debate in Tampa:

"We know that President Obama stole over $500 billion out of Medicare to switch it over to Obamacare."

By Angie Drobnic Holan• September 13, 2011

Facebook posts stated on February 02, 2025 in a Facebook post:

Ukrainian President Volodymyr Zelenskyy “just threw the whole Ukraine money laundering operation under the bus … by stating he’s received less than half of the over $177 billion in aid sent by the United States.”

By Caleb McCullough• February 5, 2025

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