All Three Morning Shows Skip Bogus Obama

Discussion in 'US Taxes' started by Michel, Oct 9, 2008.

  1. Michel

    Michel Guest

    www.newsbusters.org

    All Three Morning Shows Skip Bogus Obama
    'Net Spending Cut' Claim

    All three morning shows on Wednesday skipped a startling claim by
    Senator Barack Obama during the previous night's presidential debate.
    During a discussion on spending, he bizarrely asserted: "Actually I'm
    cutting more than I'm spending so that it will be a net spending cut."
    However, according to the Committee for a Responsible Federal Budget,
    that statement doesn't even close to being true: www.usbudgetwatch.org

    Their numbers show an increase in spending of $425 billion over
    four years of an Obama administration and only a decrease of $144
    billion. And this is factoring in Obama's tax increases as a way of
    "saving" money. And yet, ABC's Good Morning America, CBS's Early Show
    and NBC's Today all failed to report on the discrepancy or the math
    oddity of including more taxes as a cut. GMA reporter John Berman even
    filed a "fact check" segment on the debate, but ignored the Obama
    claim, which was picked up the AP: news.yahoo.com

    [This item, by the MRC's Scott Whitlock, was posted Wednesday
    afternoon on the MRC's blog, NewsBusters.org: newsbusters.org ]

    Instead, Berman focused on other issues and critiqued the town
    hall format, rival network NBC and debate host Tom Brokaw: "And
    finally, with more questions coming from the moderator than the
    audience, it's safe to say the biggest factual error in the debate
    last night, was calling it a town meeting to begin with."

    A transcript of ABC's fact check, which aired at 8:03am on
    October 8:

    CHRIS CUOMO: The economy did play a big part in last night's
    presidential debate as well. The candidates made many charges against
    each other, on everything from taxes to health care. The question is,
    did they get it right? Here's John Berman within the fact-check.
    JOHN BERMAN: The boldest, most strangely-worded charge was that
    one on energy.
    SENATOR JOHN MCCAIN: There was an energy bill on the floor of the
    Senate, loaded down with goodies. Billions for the oil companies. And
    it was sponsored by Bush and Cheney. You know who voted for it? You
    might never know. That one.
    BERMAN [Big red "True" is stamped across screen.]: That's true.
    Obama did vote for the Bush plan. Obama aides say it was because it
    was the largest investment of renewable energy in our history. McCain
    didn't get it so quite right on Pakistan.
    MCCAIN: Senator Obama likes to talk loudly. He says he likes to
    announce he's going to attack Pakistan.
    BERMAN [Big red "False" is stamped across screen.]: That's false.
    Obama is not mustering troops. What he said is that if, if there are
    high-value terrorist targets in Pakistan and Pakistan won't act, he
    would. Then, there was tax policy.
    MCCAIN: His tax increases will increase taxes on 50 percent of
    small business revenue.
    SENATOR BARACK OBAMA: Only a few percent of small businesses make
    more than $250,000 a year. So, the vast majority of small businesses
    would get a tax cut under my plan.
    BERMAN [Big red "True" is twice stamped across screen.]:
    Remarkably, that's true and true. McCain is right. According to IRS
    data ,about 57 percent of small business income is earned by
    businesses making more than $250,000. Obama would raise taxes on them.
    However, that income is made by a tiny present of businesses. About 95
    percent of them make less than $250,000 and would actually get a tax
    cut. So, Obama is right, too. It should be noted that the energy plan
    Obama voted for, most analysts agree resulted in a net tax increase on
    oil companies, not a decrease, as McCain said. And finally, with more
    questions coming from the moderator than the audience, it's safe to
    say the biggest factual error in the debate last night, was calling it
    a town meeting to begin with. Chris?
     
    Michel, Oct 9, 2008
    #1
    1. Advertisements

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments (here). After that, you can post your question and our members will help you out.