Bachmann Gets It Wrong On Social Security, Jobs, Debt
Submitted by William
In spite of Michele Bachmann saying “my facts are accurate” during the December 15 debate, she got a bunch of things wrong on Meet the Press Sunday.
- Bachmann said she didn’t support the payroll tax cut because “it denied $111 billion to the Social Security trust fund”and “put senior citizens at risk.” That’s false. The shortfall will be covered by the government’s general fund.
- She said, “There isn’t one shred of evidence that [the payroll tax cut] created jobs.” Actually, there’s plenty of evidence. Several economists say extending the cut will boost employment, and the unemployment rate has gone down since the tax decrease took effect.
- Bachmann gave a false comparison of the increase in the debt under President Barack Obama and President George W. Bush, using a deficit figure for Bush that makes the debt under Obama look worse.
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