Latest Mostly True Fact-checks in Debt Dave Brat stated on May 29, 2015 in a Facebook post: "In just 17 years, spending for Social Security, federal health care and interest on the debt will exceed ALL tax revenue!" Scott Walker stated on February 3, 2015 in his budget speech: Borrowing in my 2015-’17 state budget is less than half that in my predecessor’s last budget and "the lowest it has been in a decade." Ron Johnson stated on December 11, 2014 in an interview: Two-thirds of the federal budget is "permanent law ... it's permanently appropriated." Ernest Almonte stated on October 5, 2014 in an interview on WLNE's "On the Record": "I was speaking out on pension reform almost 17 years ago." American LeadHERship PAC stated on October 8, 2014 in a TV commercial: "As mayor, [Allan Fung] raised taxes three times." Gina Raimondo stated on August 26, 2014 in a debate: "The pension fund in the city of Providence is only 30 percent funded, about the same level as when he [Taveras] took office." John McCallum stated on March 18, 2014 in a video: "A child born in America today will inherit $1.5 million in debt the moment they're placed in their mother's arms." Daniel Harrop stated on December 15, 2013 in an appearance on WPRI-TV's Newsmakers: "We see a quarter-billion dollars in a pension fund that needs to be funded at $1.2 billion." Daniel McKee stated on November 13, 2013 in a campaign speech: The town of Cumberland has "its highest bond rating in history." Marco Rubio stated on November 20, 2013 in a speech at American Enterprise Institute: "The reason we have a national debt is not because of defense spending. What is driving our long-term debt are Medicare and Social Security programs." Scott Walker stated on November 12, 2013 in a book: "The national debt is on track to double during Obama’s presidency." Mark Harris stated on July 20, 2013 in an interview: "I’ve got the spending down, I’ve got the debt down a little bit, I’ve got the reserves up." Ron Johnson stated on July 17, 2013 in an interview: On average, college students "are taking six years to get a four-year degree." Jeff Merkley stated on July 11, 2013 in an opinion article: Says "in Oregon today, the average debt upon college graduation is more than $24,000." Republican Governors Association stated on May 29, 2013 in a gubernatorial campaign TV ad: "Barbara Buono by the numbers: As a Trenton politician, she voted to raise taxes 154 times. Under her, property taxes up 70 percent. Backed a 16 percent sales tax increase. Utilities, nursing homes, cell phones, parking lots, lottery wins, gyms – She taxed them all. Architect of Corzine’s budget, she drove New Jersey $2 billion into debt. Barbara Buono by the numbers: taking New Jersey backwards." Jim Jordan stated on March 19, 2013 in a congressional hearing: The national debt is "larger than our entire annual economy." Rob Portman stated on March 21, 2013 in a speech on the Senate floor: "Our debt now is about $140,000 per household." Steve LaTourette stated on March 17, 2013 in an interview on “Fox News Sunday”: "Quite frankly, it was during the Bush years of spending, multiplied now by the Obama years that we have this mess." Jon Bramnick stated on February 8, 2013 in a panel discussion for "On The Record with Michael Aron": Says, "when this governor came to office, he had (an) 11 billion dollar - I call it mismanagement – deficit." David Cote stated on February 11, 2013 in a speech during a “Fix the Debt” press event: "The only time in our history when the debt has been higher than this was the end of World War II." Caroline Casagrande stated on October 26, 2012 in an interview with NJTV's Michael Aron for "On The Record": "Every American now is $51,000 in debt. That’s money I owe, that’s money my children owe before they even go to kindergarten, that’s their check to the federal government right now." Ron Johnson stated on September 11, 2012 in a campaign speech: Deficit spending ‘exploded during the Obama administration’ to $5.3 trillion over four years, compared to $2 trillion in eight years under President George W. Bush. Rob Portman stated on September 6, 2012 in a news release: The national debt of $16 trillion, is "enough to buy both the Cleveland Indians and Cincinnati Reds 1,918 times." Frank Guinta stated on August 21, 2012 in a television ad, “Future.”: $50,000. That's what every child owes today because Washington politicians have run up a huge spending tab and left our kids the bill." Kelly Ayotte stated on August 23, 2012 in a town hall meeting in Merrimack, N.H.: "Under President Bush in eight years, we added $4.9 trillion to the debt. Under President Obama, we've added $5.3 trillion to the debt in the 3.5 years he's been in office." Chris Christie stated on August 28, 2012 in a speech at the Republican National Convention in Tampa: There has been "$5 trillion in debt added over the last four years." Paul Sadler stated on June 26, 2012 in a debate of Democratic primary runoff candidates for U.S. Senate in Dallas: Says federal debt "doubled during the Bush administration."
Dave Brat stated on May 29, 2015 in a Facebook post: "In just 17 years, spending for Social Security, federal health care and interest on the debt will exceed ALL tax revenue!" Scott Walker stated on February 3, 2015 in his budget speech: Borrowing in my 2015-’17 state budget is less than half that in my predecessor’s last budget and "the lowest it has been in a decade." Ron Johnson stated on December 11, 2014 in an interview: Two-thirds of the federal budget is "permanent law ... it's permanently appropriated." Ernest Almonte stated on October 5, 2014 in an interview on WLNE's "On the Record": "I was speaking out on pension reform almost 17 years ago." American LeadHERship PAC stated on October 8, 2014 in a TV commercial: "As mayor, [Allan Fung] raised taxes three times." Gina Raimondo stated on August 26, 2014 in a debate: "The pension fund in the city of Providence is only 30 percent funded, about the same level as when he [Taveras] took office." John McCallum stated on March 18, 2014 in a video: "A child born in America today will inherit $1.5 million in debt the moment they're placed in their mother's arms." Daniel Harrop stated on December 15, 2013 in an appearance on WPRI-TV's Newsmakers: "We see a quarter-billion dollars in a pension fund that needs to be funded at $1.2 billion." Daniel McKee stated on November 13, 2013 in a campaign speech: The town of Cumberland has "its highest bond rating in history." Marco Rubio stated on November 20, 2013 in a speech at American Enterprise Institute: "The reason we have a national debt is not because of defense spending. What is driving our long-term debt are Medicare and Social Security programs." Scott Walker stated on November 12, 2013 in a book: "The national debt is on track to double during Obama’s presidency." Mark Harris stated on July 20, 2013 in an interview: "I’ve got the spending down, I’ve got the debt down a little bit, I’ve got the reserves up." Ron Johnson stated on July 17, 2013 in an interview: On average, college students "are taking six years to get a four-year degree." Jeff Merkley stated on July 11, 2013 in an opinion article: Says "in Oregon today, the average debt upon college graduation is more than $24,000." Republican Governors Association stated on May 29, 2013 in a gubernatorial campaign TV ad: "Barbara Buono by the numbers: As a Trenton politician, she voted to raise taxes 154 times. Under her, property taxes up 70 percent. Backed a 16 percent sales tax increase. Utilities, nursing homes, cell phones, parking lots, lottery wins, gyms – She taxed them all. Architect of Corzine’s budget, she drove New Jersey $2 billion into debt. Barbara Buono by the numbers: taking New Jersey backwards." Jim Jordan stated on March 19, 2013 in a congressional hearing: The national debt is "larger than our entire annual economy." Rob Portman stated on March 21, 2013 in a speech on the Senate floor: "Our debt now is about $140,000 per household." Steve LaTourette stated on March 17, 2013 in an interview on “Fox News Sunday”: "Quite frankly, it was during the Bush years of spending, multiplied now by the Obama years that we have this mess." Jon Bramnick stated on February 8, 2013 in a panel discussion for "On The Record with Michael Aron": Says, "when this governor came to office, he had (an) 11 billion dollar - I call it mismanagement – deficit." David Cote stated on February 11, 2013 in a speech during a “Fix the Debt” press event: "The only time in our history when the debt has been higher than this was the end of World War II." Caroline Casagrande stated on October 26, 2012 in an interview with NJTV's Michael Aron for "On The Record": "Every American now is $51,000 in debt. That’s money I owe, that’s money my children owe before they even go to kindergarten, that’s their check to the federal government right now." Ron Johnson stated on September 11, 2012 in a campaign speech: Deficit spending ‘exploded during the Obama administration’ to $5.3 trillion over four years, compared to $2 trillion in eight years under President George W. Bush. Rob Portman stated on September 6, 2012 in a news release: The national debt of $16 trillion, is "enough to buy both the Cleveland Indians and Cincinnati Reds 1,918 times." Frank Guinta stated on August 21, 2012 in a television ad, “Future.”: $50,000. That's what every child owes today because Washington politicians have run up a huge spending tab and left our kids the bill." Kelly Ayotte stated on August 23, 2012 in a town hall meeting in Merrimack, N.H.: "Under President Bush in eight years, we added $4.9 trillion to the debt. Under President Obama, we've added $5.3 trillion to the debt in the 3.5 years he's been in office." Chris Christie stated on August 28, 2012 in a speech at the Republican National Convention in Tampa: There has been "$5 trillion in debt added over the last four years." Paul Sadler stated on June 26, 2012 in a debate of Democratic primary runoff candidates for U.S. Senate in Dallas: Says federal debt "doubled during the Bush administration."
Dave Brat stated on May 29, 2015 in a Facebook post: "In just 17 years, spending for Social Security, federal health care and interest on the debt will exceed ALL tax revenue!"
Scott Walker stated on February 3, 2015 in his budget speech: Borrowing in my 2015-’17 state budget is less than half that in my predecessor’s last budget and "the lowest it has been in a decade."
Ron Johnson stated on December 11, 2014 in an interview: Two-thirds of the federal budget is "permanent law ... it's permanently appropriated."
Ernest Almonte stated on October 5, 2014 in an interview on WLNE's "On the Record": "I was speaking out on pension reform almost 17 years ago."
American LeadHERship PAC stated on October 8, 2014 in a TV commercial: "As mayor, [Allan Fung] raised taxes three times."
Gina Raimondo stated on August 26, 2014 in a debate: "The pension fund in the city of Providence is only 30 percent funded, about the same level as when he [Taveras] took office."
John McCallum stated on March 18, 2014 in a video: "A child born in America today will inherit $1.5 million in debt the moment they're placed in their mother's arms."
Daniel Harrop stated on December 15, 2013 in an appearance on WPRI-TV's Newsmakers: "We see a quarter-billion dollars in a pension fund that needs to be funded at $1.2 billion."
Daniel McKee stated on November 13, 2013 in a campaign speech: The town of Cumberland has "its highest bond rating in history."
Marco Rubio stated on November 20, 2013 in a speech at American Enterprise Institute: "The reason we have a national debt is not because of defense spending. What is driving our long-term debt are Medicare and Social Security programs."
Scott Walker stated on November 12, 2013 in a book: "The national debt is on track to double during Obama’s presidency."
Mark Harris stated on July 20, 2013 in an interview: "I’ve got the spending down, I’ve got the debt down a little bit, I’ve got the reserves up."
Ron Johnson stated on July 17, 2013 in an interview: On average, college students "are taking six years to get a four-year degree."
Jeff Merkley stated on July 11, 2013 in an opinion article: Says "in Oregon today, the average debt upon college graduation is more than $24,000."
Republican Governors Association stated on May 29, 2013 in a gubernatorial campaign TV ad: "Barbara Buono by the numbers: As a Trenton politician, she voted to raise taxes 154 times. Under her, property taxes up 70 percent. Backed a 16 percent sales tax increase. Utilities, nursing homes, cell phones, parking lots, lottery wins, gyms – She taxed them all. Architect of Corzine’s budget, she drove New Jersey $2 billion into debt. Barbara Buono by the numbers: taking New Jersey backwards."
Jim Jordan stated on March 19, 2013 in a congressional hearing: The national debt is "larger than our entire annual economy."
Rob Portman stated on March 21, 2013 in a speech on the Senate floor: "Our debt now is about $140,000 per household."
Steve LaTourette stated on March 17, 2013 in an interview on “Fox News Sunday”: "Quite frankly, it was during the Bush years of spending, multiplied now by the Obama years that we have this mess."
Jon Bramnick stated on February 8, 2013 in a panel discussion for "On The Record with Michael Aron": Says, "when this governor came to office, he had (an) 11 billion dollar - I call it mismanagement – deficit."
David Cote stated on February 11, 2013 in a speech during a “Fix the Debt” press event: "The only time in our history when the debt has been higher than this was the end of World War II."
Caroline Casagrande stated on October 26, 2012 in an interview with NJTV's Michael Aron for "On The Record": "Every American now is $51,000 in debt. That’s money I owe, that’s money my children owe before they even go to kindergarten, that’s their check to the federal government right now."
Ron Johnson stated on September 11, 2012 in a campaign speech: Deficit spending ‘exploded during the Obama administration’ to $5.3 trillion over four years, compared to $2 trillion in eight years under President George W. Bush.
Rob Portman stated on September 6, 2012 in a news release: The national debt of $16 trillion, is "enough to buy both the Cleveland Indians and Cincinnati Reds 1,918 times."
Frank Guinta stated on August 21, 2012 in a television ad, “Future.”: $50,000. That's what every child owes today because Washington politicians have run up a huge spending tab and left our kids the bill."
Kelly Ayotte stated on August 23, 2012 in a town hall meeting in Merrimack, N.H.: "Under President Bush in eight years, we added $4.9 trillion to the debt. Under President Obama, we've added $5.3 trillion to the debt in the 3.5 years he's been in office."
Chris Christie stated on August 28, 2012 in a speech at the Republican National Convention in Tampa: There has been "$5 trillion in debt added over the last four years."
Paul Sadler stated on June 26, 2012 in a debate of Democratic primary runoff candidates for U.S. Senate in Dallas: Says federal debt "doubled during the Bush administration."