Claim: John McCain said that “an energy bill on the floor of the Senate loaded down with goodies, billions for the oil companies… sponsored by Bush and Cheney” was supported by “that one”, meaning Barack Obama.
Fact: Mr Obama did vote for the Energy Policy Act of 2005, which did indeed contain tax breaks for oil companies.
But, as Factcheck.org have pointed out “according to a Congressional Research Service report, more tax breaks were taken away from oil companies than were given. Overall, the Act resulted in a small net tax increase on the oil industry.”
The Act contained about $2.6bn of tax cuts for the oil and gas industry, but also $2.9bn of tax increases on the oil and gas industry.
It also provided tax breaks to alternative sources of energy.
Verdict: Mr McCain’s claim is misleading – the opposite of his claim is actually the case.
Claim: John McCain said that “an energy bill on the floor of the Senate loaded down with goodies, billions for the oil companies… sponsored by Bush and Cheney” was supported by “that one”, meaning Barack Obama.
Fact: Mr Obama did vote for the Energy Policy Act of 2005, which did indeed contain tax breaks for oil companies.
But, as Factcheck.org have pointed out “according to a Congressional Research Service report, more tax breaks were taken away from oil companies than were given. Overall, the Act resulted in a small net tax increase on the oil industry.”
The Act contained about $2.6bn of tax cuts for the oil and gas industry, but also $2.9bn of tax increases on the oil and gas industry.
It also provided tax breaks to alternative sources of energy.
Verdict: Mr McCain’s claim is misleading – the opposite of his claim is actually the case.
Doesn’t it seem odd that McCain’s face doesn’t crack in two?
I mean, wouldn’t you expect Obama’s face to crack in two if he pointed at McCain and said, “That one right there has led the charge to increase the power of labor unions”?
Doesn’t it seem odd that McCain’s face doesn’t crack in two?
I mean, wouldn’t you expect Obama’s face to crack in two if he pointed at McCain and said, “That one right there has led the charge to increase the power of labor unions”?
Maybe he meant “the One”, you know, the other insult he usually uses? And maybe he just got confused… possibly?
Maybe he meant “the One”, you know, the other insult he usually uses? And maybe he just got confused… possibly?
Start up the internet hate machine… youtube remixes in 3,2,1…
Start up the internet hate machine… youtube remixes in 3,2,1…
From BBC:
Claim: John McCain said that “an energy bill on the floor of the Senate loaded down with goodies, billions for the oil companies… sponsored by Bush and Cheney” was supported by “that one”, meaning Barack Obama.
Fact: Mr Obama did vote for the Energy Policy Act of 2005, which did indeed contain tax breaks for oil companies.
But, as Factcheck.org have pointed out “according to a Congressional Research Service report, more tax breaks were taken away from oil companies than were given. Overall, the Act resulted in a small net tax increase on the oil industry.”
The Act contained about $2.6bn of tax cuts for the oil and gas industry, but also $2.9bn of tax increases on the oil and gas industry.
It also provided tax breaks to alternative sources of energy.
Verdict: Mr McCain’s claim is misleading – the opposite of his claim is actually the case.
From BBC:
Claim: John McCain said that “an energy bill on the floor of the Senate loaded down with goodies, billions for the oil companies… sponsored by Bush and Cheney” was supported by “that one”, meaning Barack Obama.
Fact: Mr Obama did vote for the Energy Policy Act of 2005, which did indeed contain tax breaks for oil companies.
But, as Factcheck.org have pointed out “according to a Congressional Research Service report, more tax breaks were taken away from oil companies than were given. Overall, the Act resulted in a small net tax increase on the oil industry.”
The Act contained about $2.6bn of tax cuts for the oil and gas industry, but also $2.9bn of tax increases on the oil and gas industry.
It also provided tax breaks to alternative sources of energy.
Verdict: Mr McCain’s claim is misleading – the opposite of his claim is actually the case.
His “Loaded up with goodies” wheeze was gruesome.
His “Loaded up with goodies” wheeze was gruesome.
Doesn’t it seem odd that McCain’s face doesn’t crack in two?
I mean, wouldn’t you expect Obama’s face to crack in two if he pointed at McCain and said, “That one right there has led the charge to increase the power of labor unions”?
Doesn’t it seem odd that McCain’s face doesn’t crack in two?
I mean, wouldn’t you expect Obama’s face to crack in two if he pointed at McCain and said, “That one right there has led the charge to increase the power of labor unions”?