Claim: President Obama is falsely claiming that his administration's policies are responsible for "about 10 percent" of the deficits "over the last four years." The cumulative deficit during that time is nearly $5.2 trillion. Obama signed two bills — the 2009 stimulus and the 2010 tax cut — that alone cost $1.6 trillion during that time, or nearly a third of the cumulative four-year deficit. How could he have been so wrong? Although he said "the last four years,"
Fact-check: Obama's Deficit Dodge - FactCheck.org
Verdict: president obama is falsely claiming that his administration's policies are responsible for "about 10 percent" of the deficits "over the last four years." the cumulative deficit during that time is nearly $5.2 trillion. obama signed two bills — the 2009 stimulus and the 2010 tax cut — that alone cost $1.6 trillion during that time, or nearly a third of the cumulative four-year deficit. how could he have been so wrong? although he said "the last four years,"
Organisation: FactCheck.org
Author: Eugene Kiely
Date published: 2012-09-28T22:15:43