Latest Mostly True Fact-checks in Deficit Jamie Radtke stated on April 5, 2012 in a statement: If Congress froze the current spending level and then cut it by 2 percent annually, "we could balance the budget in five years." Barry Hinckley stated on April 11, 2012 in a campaign event.: The "Buffett rule" "raises virtually no money, maybe a day and a half of our borrowing per year." Rob Portman stated on December 17, 2011 in a news release: Says federal spending has increased 21 percent over the past three years. Kay Bailey Hutchison stated on December 12, 2011 in an interview on CNN’s ‘Out Front’: Says taking millionaires off food stamps and unemployment would save $20 million. Jim Jordan stated on November 13, 2011 in a newspaper column: "President Obama's recent plan to cut $100 million of waste within his administration won't actually save money because he's going to spend it elsewhere." Rob Portman stated on November 11, 2011 in a Joint Select Committee on Deficit Reduction hearing: "We have the second highest corporate tax rate among our trading partners." Randy Forbes stated on October 12, 2011 in a web ad.: "1.53 million jobs are at risk (from potential defense cuts)." Rob Portman stated on August 10, 2011 in a news release: U.S. debt is "now equal to 100 percent of the GDP." Randy Forbes stated on July 25, 2011 in an opinion column. : "As a percentage of our gross domestic product, the defense budget remains just 3.6 percent. This figure is low by all historical standards." Jennifer Granholm stated on July 31, 2011 in an interview on NBC's "Meet the Press": "I cut more as a percentage out of government than any state in the country this past decade. And where is Michigan in terms of its economic growth? Cutting did not result in economic growth." Dennis Kucinich stated on July 15, 2011 in a speech in the House of Representatives: "Social Security didn’t cause the debt crisis. Social Security had nothing to do with the debt crisis." Arianna Huffington stated on July 24, 2011 in a roundtable segment on ABC's "This Week with Christiane Amanpour": "Most countries have no debt ceiling." Barack Obama stated on July 21, 2011 in an interview on NPR: Says Ronald Reagan "repeatedly talked about how irresponsible it would be to allow the full faith and credit of the United States to be impaired in any kind of way." Richard Codey stated on July 13, 2011 in an interview on Hannity on Fox News: "Every president has raised the debt ceiling." Josh Treviño stated on July 13, 2011 in a TV appearance.: Says recent polls show Americans agree with Republicans that the federal debt ceiling should not be raised and the debt and deficit should be dealt with mostly by cutting spending. Jim Renacci stated on March 29, 2011 in a video posted to YouTube: The federal debt is more than $14 trillion, "almost equal to the size of our entire economy," and "every child born today inherits a $45,000 share of the national debt before they take their first breath." National Republican Congressional Committee stated on April 28, 2011 in an automated political phone call: "The federal government borrows $4 billion every day." Barack Obama stated on April 14, 2011 in remarks at a campaign fundraiser: Says Paul Ryan "voted for two wars that were unpaid for, voted for the Bush tax cuts that were unpaid for, voted for the prescription drug bill that cost as much as my health care bill -- but wasn't paid for." Marco Rubio stated on March 30, 2011 in an opinion article in the 'Wall Street Journal': To pay for government growth, leaders of both parties "borrowed $4 billion a day, leaving us with today's $14 trillion debt." Tim Pawlenty stated on January 11, 2011 in his book, "Courage to Stand: An American Story": "Every child born today inherits a $30,000 share in a national debt that stands at more than $13 trillion." Matt Miller stated on February 24, 2011 in a column in the Washington Post: Says Rep. Paul Ryan’s budget "roadmap … doesn't balance the budget until the 2060s and … adds an unthinkable $62 trillion to the national debt between now and then." Bobby Scott stated on December 16, 2010 in a news release.: The tax-cut deal "adds more than $800 billion to the deficit over two years -- more than the cost of TARP and more than the cost of the Recovery Act" and about the same as health care reform. Bobby Scott stated on November 16, 2010: Republicans "created a trillion dollar prescription drug entitlement program without paying for it." Sherrod Brown stated on November 30, 2010 in an MSNBC interview : "Understand, this is unemployment insurance. It’s not welfare, as a lot of my Republican colleagues like to suggest it is. You pay into it when you’re working. You get help when you’re not." George W. Bush stated on November 8, 2010 in an interview on NBC's "Today Show": "My debt to GDP was the lowest or one of the lowest of modern presidents. My taxes to GDP was the lowest and my spending to GDP" was too. Tim Kaine stated on September 19, 2010 in a TV interview.: Republican plan to extend Bush tax cuts "would double deficit projections going forward for the next couple of decades."
Jamie Radtke stated on April 5, 2012 in a statement: If Congress froze the current spending level and then cut it by 2 percent annually, "we could balance the budget in five years." Barry Hinckley stated on April 11, 2012 in a campaign event.: The "Buffett rule" "raises virtually no money, maybe a day and a half of our borrowing per year." Rob Portman stated on December 17, 2011 in a news release: Says federal spending has increased 21 percent over the past three years. Kay Bailey Hutchison stated on December 12, 2011 in an interview on CNN’s ‘Out Front’: Says taking millionaires off food stamps and unemployment would save $20 million. Jim Jordan stated on November 13, 2011 in a newspaper column: "President Obama's recent plan to cut $100 million of waste within his administration won't actually save money because he's going to spend it elsewhere." Rob Portman stated on November 11, 2011 in a Joint Select Committee on Deficit Reduction hearing: "We have the second highest corporate tax rate among our trading partners." Randy Forbes stated on October 12, 2011 in a web ad.: "1.53 million jobs are at risk (from potential defense cuts)." Rob Portman stated on August 10, 2011 in a news release: U.S. debt is "now equal to 100 percent of the GDP." Randy Forbes stated on July 25, 2011 in an opinion column. : "As a percentage of our gross domestic product, the defense budget remains just 3.6 percent. This figure is low by all historical standards." Jennifer Granholm stated on July 31, 2011 in an interview on NBC's "Meet the Press": "I cut more as a percentage out of government than any state in the country this past decade. And where is Michigan in terms of its economic growth? Cutting did not result in economic growth." Dennis Kucinich stated on July 15, 2011 in a speech in the House of Representatives: "Social Security didn’t cause the debt crisis. Social Security had nothing to do with the debt crisis." Arianna Huffington stated on July 24, 2011 in a roundtable segment on ABC's "This Week with Christiane Amanpour": "Most countries have no debt ceiling." Barack Obama stated on July 21, 2011 in an interview on NPR: Says Ronald Reagan "repeatedly talked about how irresponsible it would be to allow the full faith and credit of the United States to be impaired in any kind of way." Richard Codey stated on July 13, 2011 in an interview on Hannity on Fox News: "Every president has raised the debt ceiling." Josh Treviño stated on July 13, 2011 in a TV appearance.: Says recent polls show Americans agree with Republicans that the federal debt ceiling should not be raised and the debt and deficit should be dealt with mostly by cutting spending. Jim Renacci stated on March 29, 2011 in a video posted to YouTube: The federal debt is more than $14 trillion, "almost equal to the size of our entire economy," and "every child born today inherits a $45,000 share of the national debt before they take their first breath." National Republican Congressional Committee stated on April 28, 2011 in an automated political phone call: "The federal government borrows $4 billion every day." Barack Obama stated on April 14, 2011 in remarks at a campaign fundraiser: Says Paul Ryan "voted for two wars that were unpaid for, voted for the Bush tax cuts that were unpaid for, voted for the prescription drug bill that cost as much as my health care bill -- but wasn't paid for." Marco Rubio stated on March 30, 2011 in an opinion article in the 'Wall Street Journal': To pay for government growth, leaders of both parties "borrowed $4 billion a day, leaving us with today's $14 trillion debt." Tim Pawlenty stated on January 11, 2011 in his book, "Courage to Stand: An American Story": "Every child born today inherits a $30,000 share in a national debt that stands at more than $13 trillion." Matt Miller stated on February 24, 2011 in a column in the Washington Post: Says Rep. Paul Ryan’s budget "roadmap … doesn't balance the budget until the 2060s and … adds an unthinkable $62 trillion to the national debt between now and then." Bobby Scott stated on December 16, 2010 in a news release.: The tax-cut deal "adds more than $800 billion to the deficit over two years -- more than the cost of TARP and more than the cost of the Recovery Act" and about the same as health care reform. Bobby Scott stated on November 16, 2010: Republicans "created a trillion dollar prescription drug entitlement program without paying for it." Sherrod Brown stated on November 30, 2010 in an MSNBC interview : "Understand, this is unemployment insurance. It’s not welfare, as a lot of my Republican colleagues like to suggest it is. You pay into it when you’re working. You get help when you’re not." George W. Bush stated on November 8, 2010 in an interview on NBC's "Today Show": "My debt to GDP was the lowest or one of the lowest of modern presidents. My taxes to GDP was the lowest and my spending to GDP" was too. Tim Kaine stated on September 19, 2010 in a TV interview.: Republican plan to extend Bush tax cuts "would double deficit projections going forward for the next couple of decades."
Jamie Radtke stated on April 5, 2012 in a statement: If Congress froze the current spending level and then cut it by 2 percent annually, "we could balance the budget in five years."
Barry Hinckley stated on April 11, 2012 in a campaign event.: The "Buffett rule" "raises virtually no money, maybe a day and a half of our borrowing per year."
Rob Portman stated on December 17, 2011 in a news release: Says federal spending has increased 21 percent over the past three years.
Kay Bailey Hutchison stated on December 12, 2011 in an interview on CNN’s ‘Out Front’: Says taking millionaires off food stamps and unemployment would save $20 million.
Jim Jordan stated on November 13, 2011 in a newspaper column: "President Obama's recent plan to cut $100 million of waste within his administration won't actually save money because he's going to spend it elsewhere."
Rob Portman stated on November 11, 2011 in a Joint Select Committee on Deficit Reduction hearing: "We have the second highest corporate tax rate among our trading partners."
Randy Forbes stated on October 12, 2011 in a web ad.: "1.53 million jobs are at risk (from potential defense cuts)."
Rob Portman stated on August 10, 2011 in a news release: U.S. debt is "now equal to 100 percent of the GDP."
Randy Forbes stated on July 25, 2011 in an opinion column. : "As a percentage of our gross domestic product, the defense budget remains just 3.6 percent. This figure is low by all historical standards."
Jennifer Granholm stated on July 31, 2011 in an interview on NBC's "Meet the Press": "I cut more as a percentage out of government than any state in the country this past decade. And where is Michigan in terms of its economic growth? Cutting did not result in economic growth."
Dennis Kucinich stated on July 15, 2011 in a speech in the House of Representatives: "Social Security didn’t cause the debt crisis. Social Security had nothing to do with the debt crisis."
Arianna Huffington stated on July 24, 2011 in a roundtable segment on ABC's "This Week with Christiane Amanpour": "Most countries have no debt ceiling."
Barack Obama stated on July 21, 2011 in an interview on NPR: Says Ronald Reagan "repeatedly talked about how irresponsible it would be to allow the full faith and credit of the United States to be impaired in any kind of way."
Richard Codey stated on July 13, 2011 in an interview on Hannity on Fox News: "Every president has raised the debt ceiling."
Josh Treviño stated on July 13, 2011 in a TV appearance.: Says recent polls show Americans agree with Republicans that the federal debt ceiling should not be raised and the debt and deficit should be dealt with mostly by cutting spending.
Jim Renacci stated on March 29, 2011 in a video posted to YouTube: The federal debt is more than $14 trillion, "almost equal to the size of our entire economy," and "every child born today inherits a $45,000 share of the national debt before they take their first breath."
National Republican Congressional Committee stated on April 28, 2011 in an automated political phone call: "The federal government borrows $4 billion every day."
Barack Obama stated on April 14, 2011 in remarks at a campaign fundraiser: Says Paul Ryan "voted for two wars that were unpaid for, voted for the Bush tax cuts that were unpaid for, voted for the prescription drug bill that cost as much as my health care bill -- but wasn't paid for."
Marco Rubio stated on March 30, 2011 in an opinion article in the 'Wall Street Journal': To pay for government growth, leaders of both parties "borrowed $4 billion a day, leaving us with today's $14 trillion debt."
Tim Pawlenty stated on January 11, 2011 in his book, "Courage to Stand: An American Story": "Every child born today inherits a $30,000 share in a national debt that stands at more than $13 trillion."
Matt Miller stated on February 24, 2011 in a column in the Washington Post: Says Rep. Paul Ryan’s budget "roadmap … doesn't balance the budget until the 2060s and … adds an unthinkable $62 trillion to the national debt between now and then."
Bobby Scott stated on December 16, 2010 in a news release.: The tax-cut deal "adds more than $800 billion to the deficit over two years -- more than the cost of TARP and more than the cost of the Recovery Act" and about the same as health care reform.
Bobby Scott stated on November 16, 2010: Republicans "created a trillion dollar prescription drug entitlement program without paying for it."
Sherrod Brown stated on November 30, 2010 in an MSNBC interview : "Understand, this is unemployment insurance. It’s not welfare, as a lot of my Republican colleagues like to suggest it is. You pay into it when you’re working. You get help when you’re not."
George W. Bush stated on November 8, 2010 in an interview on NBC's "Today Show": "My debt to GDP was the lowest or one of the lowest of modern presidents. My taxes to GDP was the lowest and my spending to GDP" was too.
Tim Kaine stated on September 19, 2010 in a TV interview.: Republican plan to extend Bush tax cuts "would double deficit projections going forward for the next couple of decades."