Claim: Mitt Romney wrongly claimed deficits "multiplied … by a factor of four or five" under President Barack Obama. He also incorrectly stated that auto companies have repaid only a "small" share of the government bailout money. The deficit was already running at $1.2 trillion when Obama took office, and it grew to more than $1.4 trillion during his administration — an increase of far less than 400 percent to 500 percent. As for the auto bailout money,
Fact-check: Romney Wrong on Deficits, Auto Bailout - FactCheck.org
Verdict: mitt romney wrongly claimed deficits "multiplied … by a factor of four or five" under president barack obama. he also incorrectly stated that auto companies have repaid only a "small" share of the government bailout money. the deficit was already running at $1.2 trillion when obama took office, and it grew to more than $1.4 trillion during his administration — an increase of far less than 400 percent to 500 percent. as for the auto bailout money,
Organisation: FactCheck.org
Author: Eugene Kiely
Date published: 2011-06-09T18:03:29