Throughout the investigation into the IRS targeting conservative groups, many misleading statements have been made asserting that the uptick of 501 (c)(4) applications caused the targeting, which began in March 2010. However, the data and timeline below from the Treasury Inspector General for Tax Administration’s report show that there was actually a decrease in applications in…
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While President Obama prepares for his second inauguration next week, many Americans are hoping that the next four years aren’t filled with the same failed economic policies and broken promises as the last four years. As the table below shows, from unemployment to housing to debt, the country is worse off than when the President first took office.
The…
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Fiction
“Building on the $2.5 trillion in deficit reduction he has already signed, President Obama is committed to continuing to cut our deficit….” (“White House Deficit Reduction Fact Sheet,” January 14, 2013)
Fact
Debt Held by the Public
January…
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Yesterday, the White House joined a chorus of leading Democrats who refuse to reform Social Security and protect benefits for future generations, claiming that it is currently “not a driver of the deficit.” Senate Whip Dick Durbin (D-IL) today echoed this position saying we ought to put entitlement reform off for another time and repeating his claim that Social Security…
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Recently, the Congressional Budget Office reported that the country posted a deficit of $1.1 trillion in fiscal year 2012. Despite his promise to cut the deficit in half by the end of his term, this is the fourth consecutive trillion-dollar deficit under President Obama. As the table below shows, these massive deficits are simply one of the ways the policies of the Obama…
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Today, when asked what the President’s plan was to save Social Security for future generations, top Obama advisor David Axelrod could not identify a single proposal that the President would consider, choosing instead to follow those like Vice President Biden and Majority Leader Harry Reid (D-NV) who have said Social Security is “fine.”
“This is not the time” to discuss Social…
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Myth: HHS has not “gutted” welfare reform.
Fact:
Work requirements were at the core of welfare reform, and they have been the centerpiece of the law for 16 years. HHS now claims that work requirements are no longer mandatory, and that States can apply to HHS to opt out of the requirements. By claiming these requirements can be waived, HHS is claiming they can rewrite the…
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Today, the National Federation of Independent Business (NFIB) Research Foundation issued Problems and Priorities, its quadrennial survey of problems and challenges facing small business owners. The report highlights the failure of many Obama Administration policies to address the needs of small business. Rising health care costs was first among the top 10 concerns facing…
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Today, the U.S. Department of Commerce Bureau of Economic Analysis released the latest gross domestic product (GDP) figures. GDP growth was a disappointing 2.2 percent in the first quarter of this year, well below what is needed to create jobs and put the country on a path to real growth and prosperity. Over the course of the past three years, the actions taken by President…
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1 million stay-at-home moms who would rather have been working in 2009-2011
Source: U.S. Census Bureau. Current Population Survey Data on Families and Living Arrangements
1.6 million stay-at-home dads who would rather have been working in 2009-2011
Source: U.S. Census Bureau. Current Population Survey Data on Families and Living…
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