FACT CHECK: Crossroads ad targets Dems for budget woes iWatch News
The conservative group Crossroads GPS has launched a $7 million ad campaign targeting President Obama, five Democratic senators and 10 representatives. A lot of the content in the ads is opinion on government spending, the budget and economic worries. FactCheck.org found a few misleading bits:
The Senate ads criticize lawmakers for "billions in new taxes." But that ignores the many tax cuts they supported, including $326.4 billion in net tax savings in the 2009 stimulus legislation and $857.8 billion in last year's tax deal that extended the Bush tax cuts and reduced payroll taxes. The Senate ads also refer to "the failed stimulus," while the national ad attacking Obama says that the president promised the "stimulus would create more jobs" but "more people are out of work." It's true unemployment is higher today than when the stimulus law was passed, but the nonpartisan Congressional Budget Office says the rate would be higher yet if not for the stimulus, which did create jobs.Dealing with Credit Card Debt
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CBO Projects $1.2 Trillion US Budget Deficit For 2009 - Free Internet Press CBO Projects $1.2 Trillion US Budget Deficit For 2009 "We know that our recovery and reinvestment plan will necessarily add more," he said. "My own economic and budget team projects that unless we take decisive |
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