The Federal Reserve released a study this week showing that Americans' net worth fell dramatically between 2007-10. However, while reporting on the study, Fox News hosts falsely claimed the decline occurred during the "last three years," even though it's clear the decline began two years before President Obama took office.
Right-wing media have attacked a contract between the Department of Health and Human Services (HHS) and a public relations firm to raise awareness of health and preventive care opportunities as a "propaganda piece" for the health care law that "violates many of the procurement laws." But PR campaigns like this are nothing new; in fact, the Bush administration spent $1.6 billion dollars over a 30-month span promoting its policies.
Echoing talking points from the American Petroleum Institute, right-wing media are denying that the tax incentives oil companies receive are a subsidy. However, experts say that such incentives -- legally categorized as tax expenditures -- have effects similar to more direct cash transfers from the government, and tax expenditures make up a major part of the government's energy policy.
From the March 5 edition of Fox News' Fox & Friends First:
Loading the player reg...