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Vice Presidents statements in last nights debate being questioned as fact or fiction

Friday, October 12, 2012 - 3:32pm

On the heels of last nights debate, now the question is how much of what was covered last night was fact?
Fireworks were flying as Vice President Joe Biden and Congressman Paul Ryan faced off in their first debate and no surprise, the candidates did not always stick to the facts. first, this exchange on the nation's jobless rate.

Ryan: "Joe and I are from similar towns. he is from Scranton, Pennsylvania. I am from Janesville, Wisconsin. You know what the unemployment rate in scranton is today? "
biden: "I sure do."
ryan: "It is 10 percent. "
biden: "Yeah."
ryan: "You know what it was the day you guys came in? 8.5%."
biden: "Yeah."
ryan: "That is how it is going all around America."Factcheck says this was misleading since the unemployment rate in our nation is 7.8%. That is exactly where it was when President Obama took office.

"What Ryan did was cherry pick one city, Scranton where Biden is from, where unemployment has gone from 8.5% to 10%. However, he also talked about his hometown of Janesville, Wisconsin where the unemployment rate has actually come down more than four percentage points."Next, Congressman Ryan commented on the Obama tax plan. "The average tax rate on businesses in the industrialized world is 25 percent, and the President wants the top effective tax rate on successful small businesses to go above 40%. 2/3 of our jobs come from small businesses. This one tax would actually tax about 53 percent of small-business income."

 
"that 53% includes a lot of businesses that people would not consider small businesses. biden was correct that it could include hedge funds that actually pull in hundreds of millions of dollars a year." On the topic of Embassy security, mister Biden talks about how the house Republicans cut funding.   "The Congressman here cut embassy security in his budget by $300,000,000 below what we asked for."

Factcheck found this number a bit inflated. The figure is closer to $264,000,000 which included money for building and maintenance not just security. Finally, mister Biden quotes Governer Romney prior to the death of Osama Bin Laden. "Governor Romney was asked the question about how he would proceed. He said, 'I wouldn't move heaven and earth to get Bin Laden'."

This comes from a quote that Romney gave back in 2007 and there was more to it. He talked about not going just after Bin Laden, but going after the entire network of Jihadist terrorists." So there was no shortage of misleading and exaggerated claims in this latest debate and factcheck says be prepared to hear much of the same in the coming weeks. The next Presidential debate will be this coming Tuesday.
It kicks off at 8:00pm and it can be seen on FOX 15.
 

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