Fact Check: Obama's Spending Plan Adds Up and Would Cut the Deficit Far More Than McCain's
Tonight, Sen. McCain said: "Maybe that's why he has asked for $860 -- sought and proposed $860 billion worth of new spending and wants to raise people's taxes in a time of incredible challenge and difficulty and heartache for the American people?" [Presidential Debate, 10/15/08] THE FACTS: McCain’s claim about Obama’s spending plans have been debunked as “misleading.” Obama’s plan would cut the deficit far more than McCain’s, and even Alan Greenspan has said we can’t afford McCain’s tax cuts for the wealthy and corporations.
Fact Check: Renewable Energy
Tonight, John McCain said: “So the point is, with nuclear power, with wind, tide, solar, natural gas, with the development of flex fuel, hybrid, clean coal technology, clean coal technology is a key in the heartland of America that is hurting rather badly. So I think we can easily within seven, eight, ten years, if we put our minds to it, we can eliminate our dependence on the places in the world that harm our national security if we don't achieve our independence from it.”
THE FACTS: McCain has repeatedly opposed important investments in renewable energy and opposed a bipartisan bill to remove tax breaks for oil companies to increase investment in renewable energy.
Fact Check: Health Care For Pre-Existing Conditions
Tonight, Barack Obama said: “We are going to make sure that insurance companies can't discriminate on the basis of preexisting conditions, we will negotiate with the drug companies for the cheapest available price on drugs.”
THE FACTS: McCain's health care plan would not mandate coverage for those pre-existing conditions and allow insurance companies to evade a number of important state protections.
You can follow along and check the facts at therecord.barackobama.com and JohnMcCainRecord.com.
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