PolitiFact

Barack Obama stated on September 20, 2010 in a town hall meeting:

The Bush administration had been "giving (auto companies) billions of dollars and just asking nothing in return."

By Angie Drobnic Holan• September 22, 2010

Rahm Emanuel stated on June 20, 2010 in an interview on "This Week.":

"In the case of General Motors, the (Bush) administration wrote a check without asking for any conditions of change."

By Angie Drobnic Holan• June 21, 2010

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

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

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

Tammy Baldwin stated on May 08, 2014 in an interview:

"This generation, on average, is starting their careers, if they’ve been to a four-year college, with just under $30,000 in debt."

By Devon Waugh• June 4, 2014

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

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

Veronica Escobar stated on February 04, 2020 in a speech:

“The president has exploded the debt by more than $3 trillion — all to give billion-dollar tax cuts to the wealthiest few.”

By Louis Jacobson• February 5, 2020

Barack Obama stated on January 24, 2012 in the State of the Union address:

"(After the auto bailout) General Motors is back on top as the world’s No. 1 automaker."

By Becky Bowers• January 25, 2012

Barack Obama stated on March 15, 2012 in a campaign video:

By the time Obama took office, "The Bush administration had given the car companies $13 billion and the money was now gone."

By Molly Moorhead• March 19, 2012

Mark Warner stated on May 29, 2014 in a speech.:

"Right now, America has $1.1 trillion of student debt. That’s more than credit card debt."

By Nancy Madsen• June 10, 2014

Bernie Sanders stated on October 19, 2019 in a rally in New York City:

Says Congress gave Wall Street "trillions of dollars of zero interest loans."

By Jon Greenberg• October 25, 2019

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

Barack Obama stated on January 20, 2015 in his 2015 State of the Union address:

We've seen "our deficits cut by two-thirds."

By Katie Sanders• January 21, 2015

Jim Justice stated on August 14, 2023 in a post on X:

"Credit card debt is above $1 trillion for the FIRST TIME EVER."

By Ashala Moseberry• October 19, 2023

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

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

Kamala Harris stated on March 06, 2019 in a news release:

"College debt has increased 170 percent since 2006 and now exceeds $1.5 trillion dollars, which is second only to mortgage debt and surpasses even credit card debt."

By Chris Nichols• March 21, 2019

Karl Rove stated on January 10, 2010 in the Washington Post:

The Obama administration "raised discretionary spending by 24 percent from President George W. Bush's last full-year budget and will run up more debt by October than Bush did in eight years."

By Robert Farley• January 15, 2010

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