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FactCheck: Biden’s economic spin

In a May 10 speech on inflation and the economy, President Joe Biden made some misleading claims and used political spin to criticize Republicans and promote his policies.... Read more»

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FactCheck: CBO says Build Back Better not quite 'fully paid for'

For weeks, President Joe Biden has been saying the Build Back Better plan would be “fully paid for” and would not increase the deficit - but the official congressional scorekeeper in its long-awaited final analysis contradicted the president’s claims.... Read more»

FactCheck

Senators Sinema and Portman claim infrastructure bill Is 'paid for'; experts disagree

Both Republican Rob Portman and Democrat Kyrsten Sinema, the senators who negotiated a bipartisan infrastructure bill, have claimed the legislation is “paid for” - but a budget watchdog group says the bill only pays for about half of the $548 billion in new spending.... Read more»

Trump’s $400 a week jobless aid could be just $300 — depending where you live

Governors, lawmakers and state unemployment agencies on Monday wrestled with confusion created by President Donald Trump's executive action extending unemployment benefits, and it appeared some states could settle for $300 a week in benefits instead of the $400 that the president touted.... Read more»

Grim Az budget forecast improves slightly, as May revenues beat expectations

The shortfall that legislative budget analysts are projecting has gotten a little smaller, though they’re still expecting a sizable deficit.... Read more»

Senate ends annual legislative session without taking up bills

For the second time this month, the Senate has adjourned the 2020 legislative session. This time, it may stick.... Read more»

GOP lawmakers, ALEC urge feds not to 'bail out' states

Several Republican lawmakers from Arizona are urging the federal government not to provide funding to states and cities that are coping with the economic consequences of the COVID-19 pandemic, even as Arizona faces a projected budget deficit of more than a billion dollars.... Read more»

Facts of the union

We found a few overstatements and cherry-picked numbers among the applause lines and proposals in President Obama’s State of the Union address.... Read more»

Deficits falling (from way up)

In recent speeches, President Obama has repeatedly claimed that “our deficits are falling at the fastest rate in 60 years.” The White House says he’s referring to the decline in the deficit as a percentage of the nation’s economy from 2009 to 2012. But that’s not the “fastest rate” of deficit reduction in 60 years. It fell at a faster rate from 2004 to 2007.... Read more»

Comic:

The real border war

What's more important to Republicans: cutting the deficit or boosting military spending? ... Read more»

Analysis

Time to hit the reset button on fiscal debate

The federal budget has dominated the policy and political debate in Washington over the past three years. During this time, both the underlying fiscal landscape and the broader economic context for the debate have shifted in very important ways, yet the debate has remained remarkably static. Most policymakers seem to be stuck in 2010, as if nothing has changed in the years since.... Read more»

Factcheck: Spinning Obama's budget

Both parties are putting political spin on the deficit reduction contained in President Obama's $3.78 trillion budget plan.... Read more»

Factcheck: Charting Ryan's debt exaggeration

Rep. Paul Ryan exaggerates future growth of the federal debt in a chart contained in his newly released budget plan. The chart relies on Congressional Budget Office projections from last year that do not account for actions taken since then to reduce federal deficits by nearly $2 trillion over 10 years. ... Read more»

Factcheck: The sequester blame game

President Barack Obama and House Speaker John Boehner emerged from their White House meeting on sequestration blaming each other for the automatic spending cuts and misrepresenting the other side’s position:... Read more»

Comic:

How thoughtful

When it comes to debt, count on politicians to "think of the children."... Read more»

FactChecking Obama’s State of the Union

The president spins his accomplishments on jobs, health care and deficit reduction in annual address.... Read more»

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