Community | October 03, 2008 | 2 comments

Some facts adrift in veep debate

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J_Jammer
WASHINGTON - Republican Sarah Palin criticized a version of a Barack Obama health care plan that doesn't exist and Democrat Joe Biden clung to a misleading charge about Republicans and big oil when the two clashed in the vice presidential debate Thursday.

Some examples of facts cast adrift in the debate:

PALIN: Said of Democratic presidential candidate Obama: "94 times he voted to increase taxes or not support a tax reduction."

THE FACTS: The dubious count includes repetitive votes as well as votes to cut taxes for the middle class while raising them on the rich. An analysis by factcheck.org found that 23 of the votes were for measures that would have produced no tax increase at all, seven were in favor of measures that would have lowered taxes for many, 11 would have increased taxes on only those making more than $1 million a year.

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BIDEN: Complained about "economic policies of the last eight years" that led to "excessive deregulation."

THE FACTS: Biden voted for 1999 deregulation that liberal groups are blaming for part of the financial crisis today. The law allowed Wall Street investment banks to create the kind of mortgage-related securities at the core of the problem now. The law was widely backed by Republicans as well as by Democratic President Clinton, who argues it has stopped the crisis today from being worse.

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