BIDEN: ‘‘What we did is, we saved $716 billion and put it back, applied it to Medicare.’’
THE FACTS: Contrary to Biden’s assertion, not all the money cut from Medicare is going back into the program in some other way. The administration is cutting $716 billion over 10 years in Medicare payments to providers and using some of the money to improve benefits under the program. But most of the money is being used to expand health care coverage outside of Medicare.
RYAN: ‘‘What troubles me more is how this administration has handled all of these issues. Look at what they’re doing through Obamacare with respect to assaulting the religious liberties of this country. They’re infringing upon our first freedom, the freedom of religion, by infringing on Catholic charities, Catholic churches, Catholic hospitals.’’
THE FACTS: The requirement under the health care law that most employers cover birth control free of charge to female employees does not apply to churches, houses of worship, or other institutions directly involved in propagating a religious faith. It does apply to church-affiliated institutions such as hospitals and charities that serve the general public.
BIDEN: ‘‘Romney said ‘No, let Detroit go bankrupt.'’’
THE FACTS: GOP presidential candidate Mitt Romney has gotten endless grief through the campaign for the headline put on his November 2008 opinion essay that he wrote for The New York Times. But his point was never that he wanted the auto industry to go down the tubes.
Romney opposed using government money to bail out Chrysler and General Motors, instead favoring privately financed bankruptcy restructuring. His prescription seemed improbable. Automakers were hemorrhaging cash and the banking system was in crisis, so private money wasn’t available. Without the government money, it’s likely both companies would have gone out of business. Romney did propose government-guaranteed private loans for both companies after bankruptcy.
RYAN: ‘‘This one tax would actually tax about 53 percent of small-business income.’’
BIDEN: ‘‘Ninety-seven percent of the small businesses in America pay less — make less than $250,000.’’
THE FACTS: Both are correct, but incomplete, when sizing up the effect on small business of raising taxes for individuals making more than $200,000 and married couples making more than $250,000, as Obama wants to do. Republicans say that would hit small-business owners who report business income on their individual income tax; Democrats say the overwhelming majority of small businesses would not be affected.
According to a 2010 report by the Joint Committee on Taxation, the official scorekeeper for Congress, about 3 percent of people who report business income would face a tax increase under Obama’s plan. That support’s Biden’s point.
The same report says those business owners account for about half of all business income. That supports Ryan.
Associated Press writers Bradley Klapper, Tom Raum, Ricardo Alonso-Zaldivar, Stephen Ohlemacher and Tom Krisher contributed to this report.
EDITOR'S NOTE _ An occasional look at political claims that take shortcuts with the facts or don’t tell the full story