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Fact Check

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Tuesday, Sept. 18, 2012 10:16 PM

President Barack Obama has claimed the United States has “doubled our use of renewable energy.” Had the president only addressed wind and solar energy, he would have been correct. Wind and solar have doubled, but total renewable energy consumption is up by about one quarter from 2008 to 2011.

Mitt Romney claims the Obama administration issued an “apology for American values” after U.S. embassies were attacked. Not true. Romney refers to a statement issued before mobs attacked either in Egypt or Libya. He faults U.S. diplomats for failing to condemn actions that hadn’t yet happened. The word “sorry” or “apologize” doesn’t appear in the statement. The embassy in Cairo wrote, “Respect for religious beliefs is a cornerstone of American democracy.”

Romney has falsely accused Obama of “apologizing for America” many times before. The line has been a dependable applause-getter with conservative audiences. Fact Check has found no basis for this claim in Obama’s previous speeches and remarks.

Romney said five studies show his tax plan can cut rates and still bring the same revenue without raising taxes on the middle class. His plan would cut individual and corporate rates, eliminate the estate tax and the alternative minimum tax, give savings and investment income preferential treatment, and still keep total tax revenues the same. The Tax Policy Center concludes that in order to do all of that, taxes on middle income taxpayers would have to rise. Rosen a Princeton economist’s study is the only one not done by a Romney advisor. His main point is that any assessment of the Romney tax plan that ignores its impact on economic growth is incomplete. Rosen found that when all possible deductions are eliminated, from home mortgages to charitable giving to health insurance benefits, increased revenues can balance out the money lost through tax cuts.

The other studies are by: Jensen, a tax policy researcher at the pro-business American Enterprise Institute; a white paper co-authored by two members of Romney’s economic team; an opinion article and a blog by Romney adviser Martin Feldstein. Burman, a former director of the Tax Policy Institute, wrote that Feldstein’s assumptions would eliminate deductions for family income above $100,000 causing an effective tax rate as high as 62.5 percent on income just above that level. Feldstein said he considers it “very reasonable” that those earning over $100,000 in household income “are not the ‘middle class,’”. He suggested that Romney could tax their employer-paid health care benefits, tax their interest payments on normally tax-free municipal bonds, or tax all their capital gains on the sale of a personal residence, if required to make the rate cuts revenue-neutral. Romney has stated “middle income is $200,000 to $250,000 and less” in his plan. The Obama campaign says that under Romney, 89 million Americans could be denied coverage if they have a pre-existing condition. Democrats point to Romney’s promises to repeal the Affordable Care Act, along with Romney’s statements that people should be protected from denial only if they have been continuously insured. Romney would repeal blanket protection for people with pre-existing conditions. The claim that he could expose “89 million” to the possibility of denied coverage is only partially accurate, leaving out important details. Politifact rated it Half True. Obama told a crowd in New Hampshire in 2010, “You don’t blow a bunch of cash on Vegas when you’re trying to save for college.” In recent ads, Crossroads GPS, misleadingly shortened Obama’s quote to make it seem as if he discouraged tourism to Las Vegas.

Sources: http://www.politifact.com/ and http://factcheck.org/

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