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FACT CHECK-another bad day for McCain

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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 06:13 PM
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FACT CHECK-another bad day for McCain
Fact Check: Did McCain say the Iraq war would be easy, popular?
The Verdict: True.

Fact Check: Are business groups critical of McCain's health plan?
The Statement
Sen. Barack Obama criticized the health-care plan of Republican opponent Sen. John McCain. "In fact, just today, business organizations like the United States Chamber of Commerce, which generally are
pretty supportive of Republicans, said that this would lead to the unraveling of the employer-based health care system," Obama said.
Verdict: True. Obama accurately expresses the tone and content of the news article.

Fact Check: Did Obama say subprime loans 'a good idea'?
The Verdict: Misleading.
Obama did say subprime lending "started off as a good idea," but he was criticizing abuses in the sector. Based on his statements, he did not think they were a good idea last September, as McCain suggests.

Fact Check: Does McCain's tax plan give tax cuts to CEOs?
Verdict: True, but incomplete.

Fact Check: The potential impact of McCain's health care plan
The Statement: During a campaign speech Wednesday, October 8, in Indianapolis, Indiana, Democratic presidential candidate Sen. Barack Obama criticized Republican opponent Sen. John McCain's health care plan. "Senator McCain didn't tell us about the studies that say his plan would cause 20 million Americans to lose their health insurance from their employer," Obama said.

The Facts: Obama is referring to one of the key elements of McCain's health care plan. McCain says his plan would eliminate the existing tax exemption for insurance premiums that are paid through employers. But in a major shift in how most Americans are covered, he would replace it with a health-insurance tax credit of $2,500 for individuals or $5,000 for families. The idea is that this money would allow workers to seek out and buy their own insurance.

"Eliminating the tax exclusion would greatly reduce the number of people who obtain health insurance through their employers," according to an analysis of McCain's plan by four professors from Columbia University, Harvard, Purdue and the University of Michigan, published on the Web site of the policy journal "Health Affairs." The analysis predicts "many employers would be quick to drop health benefits" because of such a change. It estimates that about 20 million people would lose their health coverage at work under the plan. But it says roughly that same number would enroll in "nongroup" coverage.

The McCain campaign says that "families will be able to choose the insurance provider that suits them best and the money would be sent directly to the insurance provider." The "Health Affairs" study says people likely would be able to find some nongroup coverage for less than they pay through their employers, but that this often would be because those plans offer less
coverage.

The Verdict: True, but incomplete. While the number of people analysts predict would lose coverage through their jobs is in line with the number Obama uses, most of those workers would not become uninsured under McCain's plan — they'd just get their health insurance in a different way.


Fact Check: Obama tax plan and small businesses
The Statement: In an interview on Fox News' "Hannity & Colmes" on Wednesday, October 8, Republican presidential candidate Sen. John McCain repeated his assertion that Democratic presidential candidate Sen. Barack Obama's tax plan "raises taxes on small business income."
The Verdict: Misleading. While Obama's plan would increase taxes for an undetermined number of small business owners who pay their taxes through personal income tax and whose incomes exceed $200,000, it would not establish across-the-board tax increases for all small businesses.

http://politicalticker.blogs.cnn.com/category/fact-check/
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crossroads Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 06:16 PM
Response to Original message
1. Thank you... good post! K&R nt
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 06:17 PM
Response to Reply #1
2. I check it everyday
my local rag printed an AP Fact Check that fell over backwards to give McCain a break.

I watched some of his speech in Wisconsin today-he is just flat out lying.
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Celebration Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 06:23 PM
Response to Original message
3. another HORRIBLE day=Dow down more than 600
McCain lost a lot more votes today.
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