Claim: All sides agree that the federal government borrows too much, so why exaggerate? In the latest example, a national TV ad shows an actor portraying a drug addict and claiming that the U.S. is borrowing 41 cents of every dollar spent, which isn't true. As shown in this chart, which we've produced from the most recent official figures from the Congressional Budget Office, the true figure was 36.1 cents of every dollar for fiscal year 2011,
Fact-check: Junkie Math - FactCheck.org
Verdict: all sides agree that the federal government borrows too much, so why exaggerate? in the latest example, a national tv ad shows an actor portraying a drug addict and claiming that the u.s. is borrowing 41 cents of every dollar spent, which isn't true. as shown in this chart, which we've produced from the most recent official figures from the congressional budget office, the true figure was 36.1 cents of every dollar for fiscal year 2011,
Organisation: FactCheck.org
Author: Brooks Jackson
Date published: 2011-11-17T22:25:25