Fiscal FactCheck

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Jul 30, 2018 | Blog Paper | Taxes| Economics

Has the Recent Economic Boom Offset 88% of the Cost of the Tax Cut?

In a Wall Street Journal op-ed shared by the House Ways and Means Committee, Mike Solon of US Policy Metrics makes the argument that thanks to...
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Jul 10, 2018 | Blog Paper | Economics

Does CBO "Expect the TCJA to Significantly Boost" the Economy in 2018?

UPDATE: The FRBSF paper has been corrected to remove the erroneous claim that CBO’s growth estimates are well in excess of theirs. The below fact...
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Jun 29, 2018 | Blog Paper | Taxes| Economics

The Deficit Is Not "Coming Down Rapidly"

This morning, White House National Economic Council Director Larry Kudlow appeared on Fox Business and made the following claim (emphasis added...
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Jun 21, 2018 | Blog Paper | Other Spending

Did the U.S. Really Spend $7 Trillion on Middle Eastern Wars?

In a roundtable in Minnesota yesterday, President Donald Trump claimed "we have $7 trillion in the Middle East", a rephrasing of his previous claims...
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Jun 7, 2018 | Blog Paper | Other Spending

Does the Rescissions Bill Cut $15 Billion in Spending?

The President recently updated and revised his request to rescind some spending, removing some cuts from the proposal and clarifying others. The...
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May 15, 2018 | Blog Paper | Health Care

Does the Rescissions Bill Undermine Children's Health Care?

Many have criticized President Trump's $15 billion rescission package for cutting the Children's Health Insurance Program (CHIP). For instance, a...
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Too often, election campaigns are about telling voters what they want to hear rather than what they need to know. To separate fiction from reality, the Fiscal FactCheck series monitors statements made during the 2016 campaign. We are evaluating every claim with fiscal implications made during official presidential debates, to the extent practicable. We are also checking select other fiscal claims said on the campaign trail, with emphasis on those that garner significant media attention. If you feel we ignored a claim that should be addressed, contact us and we will do our best to run the claim through our Fiscal FactCheck.