Claim: The Romney campaign crams two howling falsehoods into a very few words: It accuses President Obama of being personally responsible for actions by the Federal Reserve Board, which is independent. It claims Obama is "spending your tax dollars" in the Fed's latest move to buy mortgage-backed securities, when in fact the Fed is turning a big profit for the Treasury, reducing the deficit. Romney campaign manager Matt Rhoades committed both these whoppers in an appeal for donations that was emailed Sept.
Fact-check: Double Whopper, No Beef - FactCheck.org
Verdict: the romney campaign crams two howling falsehoods into a very few words: it accuses president obama of being personally responsible for actions by the federal reserve board, which is independent. it claims obama is "spending your tax dollars" in the fed's latest move to buy mortgage-backed securities, when in fact the fed is turning a big profit for the treasury, reducing the deficit. romney campaign manager matt rhoades committed both these whoppers in an appeal for donations that was emailed sept.
Organisation: FactCheck.org
Author: Brooks Jackson
Date published: 2012-09-17T20:55:56