Obama Press Conference Drinking Game

How many lies did Obama tell at his press conference.

Mayday! Mayday!

President Obama’s “corporate jet” line from his press conference Wednesday is crashing along with a host of other claims that fact-checkers dismissed in the hours after his speech.

Obama referred to private jets six times in his remarks, essentially describing the Republican position on how to decrease rampant deficits as being “willing to compromise their kids’ safety so that some corporate jet owner continues to get a tax break.”

The tax incentive at issue was enacted to counteract the airplane industry’s woes in 2001 after 9/11 and reauthorized in, drum roll,  Obama’s stimulus package, signed into law by the president himself.

More fundamentally, eliminating that tax break would bring in $3 billion in new taxes over ten years. 

That is less than 1 percent of the $400 billion in tax increases the Obama administration is proposing behind the scenes. It is about .15 percent of the spending cuts Republicans would like to see enacted.

Read more: http://dailycaller.com/2011/06/30/president-obamas-war-on-facts/#ixzz1QmK0FeDL