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On the Media

November 12, 2010

On the Media

WNYC Studios

News, Radio, Amendment, Transparency, History, Micah_loewinger, Technology, Advertising, Politics, Society & Culture, Magazine, Journalism, Tv, Wnyc, Newspaper, Brooke_gladstone, Studios, Npr, Newspapers, Media

4.69.1K Ratings

🗓️ 5 May 2011

⏱️ 51 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

From WNYC in New York, this is On the Media. I'm Bob Garfield. And I'm Brooke Gladstone. This week marked the opening salvo in a war over the budget, likely to dominate the agenda of politicians and pundits for months, if not years.

0:24.6

The leaders of a bipartisan commission appointed by the president offer a far-reaching and controversial plan.

0:29.6

They go after fundamental tax reform, which would raise revenues but also make the tax code much better,

0:34.6

and they basically spread the cost of this plan across the entire

0:38.7

budget. First off, this wasn't a report from the president's bipartisan fiscal panel. That

0:44.5

needs 14 of its 18 members to agree, and they don't. This is just a draft opened up for debate

0:50.8

by its co-chairs, Republican Alan Simpson and Democrat Erskine Bowles.

0:55.5

So the headlines, like those in the New York Times and the Wall Street Journal, referring to,

1:00.1

The panel, are wrong. The panel ain't talking.

1:04.3

Meanwhile, a Christian Science Monitor headline read, quote,

1:07.6

A bipartisan and reality-based way to cut taxes and reduce the deficit.

1:13.3

Really? If only, after all, according to Congressman Eric Cantor, our government has spent

1:19.4

more money in the past two years than in the previous 200 combined. Actually, that's not true at all.

1:34.7

In fact, much of what politicians have said about our deficit in national debt is decidedly not reality-based.

1:45.9

Politifact.com reporter and researcher Angie Drobnik-Hollin has found no shortage of half-truths and flat-out falsehoods. Angie, welcome to the show. Thank you for having me.

1:51.3

So start with that statement by Eric Cantor, the Republican from Virginia. Here he is on the Daily Show in October. What you've seen is a crowd that has taken advantage of a crisis back in late 2008, early 2009 2009 and spent more money than this country has spent

2:02.6

in the last 200 years combined in the two years since.

2:06.6

Just how false is that statement? Could you break it down?

2:09.6

Well, we gave that statement our worst rating, which is Pants on Fire. We went to the

2:15.0

historical tables that the government produces on debt and started adding up the years.

2:21.1

We found the debt was quite significant for 2009 and 2010, about $7.2 trillion.

2:28.4

But then we started adding up the years before that, and when we added up 2008, 2007, and 2006, we had already

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