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American Crossroads: President Barack Obama’s "spending drove us $5 trillion deeper in debt."

Posted by Politifact.com Truth-O-Meter rulings from National On October - 9 - 2012 News Politics
The Truth-o-Meter says: Half-True | Ad says Barack 'Obama’s spending drove us $5 trillion deeper in debt.'

In a new ad, the pro-Republican group American Crossroads takes aim at President Barack Obama’s economic policies. At one point, the narrator says, that "Obama’s spending drove us $5 trillion deeper in debt." We previously examined a similar -- but opposite claim -- when Obama said that "over the last four years, the deficit has gone up, but 90 percent of that is as a consequence of" President George W. Bush’s policies and the recession. We ruled Obama’s claim False, and a recalculation of the same numbers can shed some light ...

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Read Entire Story: Politifact.com Truth-O-Meter rulings from National

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