So, Who Told the Truth?
Fact-checkers pore over last night's debate
By Kevin Spak, Newser User
Posted Oct 4, 2012 7:31 AM CDT
Updated Oct 4, 2012 7:52 AM CDT
Mitt Romney, left, and President Barack Obama, right, talk at the end of their first debate at the University of Denver, Oct. 3, 2012.   (AP Photo/Pablo Martinez Monsivais)

(Newser) – Facts and numbers were flying in last night's debate, and President Obama and Mitt Romney agreed on so few of them that "the two men seemed to be inhabiting two parallel universes," Politico observes. Thankfully, a swarm of fact-checkers have been poring over the candidates' statements to sort things out. Here are some of the more egregious fibs:

  • Romney: "I won't put in place a tax cut that adds to the deficit." Independent analysis indicates that Romney's tax plan would add $5 trillion to the deficit over 10 years. Romney says he'll pay for that by reducing deductions and credits, but the Tax Policy Center concluded that was "mathematically impossible."
  • Obama: "We've made some adjustments" to Simpson-Bowles. Obama's plan is not, as he implied, comparable to Simpson-Bowles. It's much less aggressive, doesn't touch Social Security, and, while it too reduces the deficit by $4 trillion, it takes an extra year to do it.

  • Romney on green energy loan recipients: "I think about half have gone out of business." Try three out of 26.
  • Romney: Dodd-Frank "designates a number of banks as too big to fail." The law designates some banks for special treatment, but that treatment involves extra regulation and a way to liquidate them if they run into trouble; they are not, as Romney argued "effectively guaranteed by the federal government."
  • Romney: "Pre-existing conditions are covered under my plan." Romney's health care plan only covers people with pre-existing conditions if they "maintain continuous coverage," which was more or less the situation before ObamaCare.
  • Obama: "Under Governor Romney's definition … Donald Trump is a small business." Romney's plan doesn't actually define small businesses. But the federal government does, and under its guidelines, Trump is a small business, because he owns some businesses with fewer than 500 employees, according to CNN.
  • Obama: "I've put forward a specific $4 trillion deficit reduction plan." True, but that plan counts savings already agreed on during the debt ceiling debate.
  • Romney: "The president said he'd cut the deficit in half. Unfortunately, he doubled it." When Obama took office, the projected deficit for 2009 was $1.2 trillion. For fiscal 2012, the deficit is expected to be $1.1 trillion, the New York Times reports.

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Showing 3 of 257 comments
MacktheKnife
Oct 6, 2012 3:42 PM CDT
Willard is a serial liar. He told some big ones in that debate. He even said electricity has gone up. What the F....? Under Obama, it has gone up less than 1 %. Most sane people understand that gas prices are set by global exchanges. But he just kept firing away, sweat rolling down his face. Willard knew he was lying. Have you ever had a Mormon missionary appear at your door. They will spew all sorts of crap even when you tell them over and over you are not interested. Apparently Willard had that same training. He was firing on all cylinders alright, but his lies were off the chart . We still have no idea what his tax plan is or what loopholes he says he will close. I believe we all know.... bend over middle classers.
HANKHILL
Oct 5, 2012 6:54 PM CDT
no one!
2poor
Oct 5, 2012 12:59 AM CDT
Back in February 2009, the Obama Administration promised the American public that after their nearly trillion dollar stimulus too effect, the unemployment rate would drop down to 5.3% at the end of his first term. Today it’s at 8.3%. What’s another trillion dollars among friends? Have not posted in several months. Since lies and deceit seems to be the theme of the debate with the losing Democrats, I thought a really good lie by the chief may interest a good liberal. LOL Ya'll B kereful now ya heah? LOL