Fiscal FactCheck

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Jul 27, 2018 | Blog Paper | Economics

Growth Just Hit 4.1 Percent – Don't Expect It To Last

The Bureau of Economic Analysis today released its initial estimate that the economy grew at a 4.1 percent annualized rate in the second ...
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Have Deficit Projections Doubled Because of the Tax Bill and BBA 2018?

Chairman of the House Ways and Means Committee Kevin Brady (R-TX) appeared on Fox Business this morning, where he was asked about CRFB's analysis...
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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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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.