Search Results: Economy
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December 20, 2011 9:32 am ET filed under Fact Check

UPDATED: House Republicans Have Tried To Eliminate Up To 7.4 Million Jobs In 2011

Despite a promise to focus on job creation after taking the majority in the House of Representatives, Republicans have spent little time on legislation to create jobs or boost the economy. Instead, they've focused on bills to curb spending, many of which would eliminate jobs. Earlier this year, Political Correction published a report detailing the total number of jobs House Republicans have tried to eliminate. Since then, the House has passed the Cut, Cap, and Balance Act. With that addition, measures passed or introduced by House Republicans would, if signed into law, potentially eliminate up to 7.4 million jobs.

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December 20, 2011 9:31 am ET filed under Fact Check

GOP In 2011: Anything But Jobs

Throughout the 2010 campaign cycle, Republicans capitalized on the struggling economy to bolster their case for election, promising to focus all their political efforts on job creation. Yet when the GOP assumed the majority in the House of Representatives, it quickly became clear that their "top political priority" — as Senate Minority Leader Mitch McConnell (R-KY) admitted — was to "deny President Obama a second term." As such, the GOP, particularly in the House, has spent its legislative time on anything and everything but legislation to help the struggling economy get back on its feet or to spur job creation. Instead, they've introduced bill after bill on hot-button issues, particularly women's reproductive health; they've dragged the economy to the brink of disaster by playing political games with the debt ceiling; they've done their best to undermine the social safety net by proposing cuts to Medicare, Medicaid, and food stamps; and they've tried over and over to repeal or deny funding to the landmark Affordable Care Act. Even worse, a number of the measures they've proposed would actually destroy jobs.

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December 19, 2011 3:15 pm ET filed under Blog

Lies, Damn Lies, And The Heritage Foundation

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December 19, 2011 1:11 pm ET filed under Blog

2011's Top Five Immigration Myths

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December 19, 2011 11:44 am ET filed under Blog

"Unemployed" Mitt Romney Gets Paid Millions Each Year

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December 19, 2011 9:26 am ET filed under Blog

Fact Checking The Sunday Shows - December 18, 2011

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December 19, 2011 9:24 am ET filed under Fact Check

Fact Checking The Sunday Shows - December 18, 2011

This week on the Sunday political talk shows, topics of discussion ranged far and wide. On Fox News Sunday, GOP presidential candidate Mitt Romney advocated for block granting Medicaid despite the harm that would do to those who rely on the program. On This Week, House Budget Committee Chairman Rep. Paul Ryan (R-WI) distorted the content of a CBO report on income inequality. House Speaker John Boehner (R-OH), appearing on Meet the Press, shared several false claims: that employers are concerned about "uncertainty," and that the Keystone pipeline would create 20,000 jobs. Rep. Michele Bachmann (R-MN), also on Meet the Press, did the same, falsely asserting that there's no evidence the payroll tax holiday created jobs and that Iran has threatened the U.S. and Israel with nuclear weapons.

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December 14, 2011 5:51 pm ET filed under Blog

Speaker Boehner Doesn’t Get ‘Stressed’ Over His Dead-End Legislation

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December 14, 2011 3:00 pm ET filed under Blog

Republicans Don't Know What They're Talking About: Sens. Coburn And Snowe Edition

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December 13, 2011 4:00 pm ET filed under Blog

Rep. Gohmert Claims To Identify With Poor People Because He Cashed Out His Assets To Run For Congress

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December 13, 2011 12:30 pm ET filed under Blog

Rep. Allen West Compares Poverty And Income Inequality To Performance Of NFL Teams

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December 12, 2011 12:11 pm ET filed under Fact Check

Republicans: Payroll Tax Holiday Isn't "Stimulating" Enough

A prominent group of Republican lawmakers are opposing Obama administration efforts to extend a payroll tax holiday — due to expire on December 31 — that would continue putting more money in the pockets of working Americans. Opponents lean heavily on the argument that the current payroll tax holiday has not had a sufficiently stimulative effect on the economy, but experts disagree, arguing that the holiday has helped bolster the recovering economy.

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December 12, 2011 10:17 am ET filed under Blog

Fact Checking The Sunday Shows - December 11, 2011

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December 12, 2011 9:59 am ET filed under Fact Check

Fact Checking The Sunday Shows - December 11, 2011

This week's Sunday political talk shows saw a major focus on the debate over the payroll tax cut extension. On Face the Nation, Republican presidential candidate Rep. Michele Bachmann (R-MN) attacked President Obama and "Newt Romney" — a name for Newt Gingrich and Mitt Romney she came up with during Saturday's debate — over the payroll tax cut, saying there's no evidence the cut helped create jobs. Senate Minority Leader Mitch McConnell (R-KY) called the tax cut an 'emergency measure' and said it wouldn't be necessary if President Obama's "failed" policies hadn't resulted in a higher deficit and jobless rates. McConnell, along with Sen. Lindsey Graham (R-SC), also pushed for the Keystone Pipeline using discredited job creation numbers.

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December 08, 2011 4:01 pm ET filed under Blog

Not So Fast: Gov. Scott's $1 Billion Education Increase Isn't What It Seems

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December 08, 2011 10:43 am ET filed under Blog

GOP Leadership Promotes REINS Act With False Jobs-Deregulation Link

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December 07, 2011 3:30 pm ET filed under Blog

Sen. Olympia Snowe Does Not Understand Budgets

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December 06, 2011 4:08 pm ET filed under Blog

NFIB Survey: Lack of Demand Is Biggest Impediment To Growth (And The Second-Biggest, Too)

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December 05, 2011 3:24 pm ET filed under Blog

GOP: Millionaires Can't Afford Higher Taxes, But Some Unemployed People Are Too Rich For Jobless Benefits

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December 05, 2011 10:00 am ET filed under Blog

Fact Checking The Sunday Shows - December 4, 2011

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December 05, 2011 9:52 am ET filed under Fact Check

Fact Checking The Sunday Shows - December 4, 2011

On the first Sunday of December, GOP presidential contender Rep. Michele Bachmann (MN) and RNC Chairman Reince Priebus each brought their share of falsehoods to the table. On CNN's State of the Union, Bachmann dismissed the economic significance of the payroll tax holiday even though economists explain that putting more money in the hands of workers would give an appreciable boost to the economy. She also appeared on Fox News Sunday, where she falsely claimed that businesses aren't hiring because they don't have enough money. During his appearances, Priebus did his best to attack the Obama administration's record, distorting the reasons behind November's unemployment rate drop on Meet the Press. He also tried to blame President Obama for deficits that are a legacy of Bush-era Republican policies and for a rising poverty rate that's the result of the recession.

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December 02, 2011 4:01 pm ET filed under Blog

In "Occupy" Era, GOP Frontrunner Thinks Poor People Are Lazy Criminals Who Don't Know Any Better

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December 02, 2011 2:05 pm ET filed under Blog

Sen. Olympia Snowe (R-One Percent) Favors 375 Wealthy Mainers

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December 02, 2011 12:03 pm ET filed under Blog

New Jobs Numbers, Same Old Story

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December 02, 2011 11:30 am ET filed under Blog

Sen. Grassley Holds Up Rare Bipartisan Immigration Bill

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December 02, 2011 10:24 am ET filed under Blog

GOP Fear of Populist Sentiment Presents Opportunity For Progressive Change

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December 02, 2011 9:14 am ET filed under Blog

Luntz's "Occupy" Advice Reveals GOP Weaknesses — And One Major Strength

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December 01, 2011 3:48 pm ET filed under Video

Rep. Bachmann: "I Can Unify Our Party" Because I'm The Only Candidate Involved In National Security And Fiscal Policy

From a November 29, 2011, appearance by Rep. Michele Bachmann (R-MN) on Fox News' On the Record with Greta Van Susteren:

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November 30, 2011 2:31 pm ET filed under Blog

With Taxes On Wealthy Down And Inequality Up, Public Support For Tax Increases Grows

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November 29, 2011 2:39 pm ET filed under Blog

Misleading Economic Analysis By Big Corporations Demonstrates Importance Of CBO

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