Fact Checking the Fact Checkers
Wednesday, October 8th, 2008Sometimes those checking the facts need to fact checked as well. I pointed this out previously on the embryonic stem cell issue. Now, the fact checkers are being critical on Obama for stating that he will counter the increase in spending created by his proposed programs by cutting other spending from the budget. The yahoo “fact check” says:
OBAMA: “Actually I’m cutting more than I’m spending so that it will be a net spending cut.”
THE FACTS: The bipartisan Committee for a Responsible Federal Budget estimates Obama would increase spending by $425 billion over four years and reduce spending by $144 billion for a net increase in the deficit of $281 billion. Obama has said he’ll cut pork-barrel programs and the costs of the war in Iraq to pay for his programs — as well as raise taxes on the wealthy — but the specifics of his new spending plans outweigh the few spending cuts he’s identified.
Really? According to the Washington Post:
The non-partisan Committee for a Responsible Federal Budget calculates that Obama has promised a total of $990 billion in new spending over his first four-year term. At the same time, he has also proposed spending cuts that amount to around $989 billion, so the net cost roughly balances out. The debt will continue to increase, more or less in line with current projections, based on keeping most of the Bush tax cuts.
“Obama has talked about a lot of new spending initiatives, but he has also talked about new ways to curb spending,” said Maya MacGuineas, president of the Committee, whose detailed budget analyses are available here. “I give him points for holding the line.”
I will point out that Maya MacGuineas was a former McCain advisor in the 2000 campaign. It is rather unfortunate that the fact checkers can sometimes be unreliable.