Fox Nation falsely attributes entire FY09 deficit to Obama

SUMMARY: The Fox Nation falsely attributed the entire fiscal year 2009 deficit to President Obama, using the headline "Obama Triples Budget Deficit to $1.4 Trillion" to link to an Associated Press article reporting on the Congressional Budget Office's (CBO) most recent budget review estimate. In fact, only a small portion of the fiscal year 2009 deficit is due to Obama's policies; in January, before he took office or signed any legislation, CBO projected that, based on policies set under President Bush and economic conditions at the time, the deficit for fiscal year 2009 would reach $1.2 trillion.

Comments