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McCain and Obama Both Play Loose with Facts on Tax Issues in First Debate

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by Gerald Prante

Fiscal Fact No. 148

Although the first debate was originally supposed to be about foreign policy, due to the current financial situation in the United States, the economy was the issue for the first half hour of the debate. In the economic portion of the debate, both Sens. Obama and McCain made some statements about taxes that played somewhat loose with the facts. Let’s take a look at a few of these courtesy of CNN’s transcript. We list Obama first as he went first during the debate. (That will be our policy for all debate analyses.)

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