Politifact 2012: Pawlenty exaggerated deficit numbers
Says President Barack Obama promised he would cut the deficit in half, but instead will at least double it.
– Tim Pawlenty
There is some truth to Pawlenty’s claim: Obama made a pledge to cut the deficit in half by the end of his first term. And he’s falling short so far.
But there’s a lot more of Pawlenty’s statement that’s wrong. The deficit, which should not be confused with the debt, is projected to decrease, not increase. And even if Pawlenty mixed up the words or used the incorrect fiscal year as a baseline, Pawlenty’s suggestion that the deficit could multiply by “two, three, four or five” is not supported by the facts.
We rate Pawlenty’s statement Barely True.
To read the full article: He's confusing debt and deficit</