PolitiFact.com
Bankruptcy statements

Sixty-two percent of all personal bankruptcies are "caused by medical problems."

"President Obama will now own 60 percent of GM, and his union buddies will own almost 20 percent."

Senators who have accepted millions in campaign contributions from the financial industry voted against allowing bankruptcy judges to modify home mortgages.

John McCain opposed bankruptcy protections for families "who were only in bankruptcy because of medical expenses they couldn't pay."

"She said, you know, 'I voted for it, but I hoped it wouldn't pass.' That was a quote on live TV."

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PolitiFact is a project of the St. Petersburg Times to help you find the truth in American politics. Reporters and editors from the Times fact-check statements by members of Congress, the White House, lobbyists and interest groups and rate them on our Truth-O-Meter. We’re also tracking more than 500 of Barack Obama’s campaign promises and are rating their progress on our new Obameter. >> More

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