The budget numbers don’t add up and a sheen of distortion colours oil issues, says MSNBC.

“McCAIN: Claimed that Obama has spent more money on negative ads than any other presidential candidate. That’s probably true — given that Obama will have raised and spent more than any other candidate.

THE FACTS: By one measure, however, McCain was wrong when he said that 100 percent of his ads weren’t negative. According to one study, by the University of Wisconsin Advertising Project, 100 percent of McCain’s ads have been negative.”

OBAMA: “Every dollar that I’ve proposed, I’ve proposed an additional cut, so that it matches.”

THE FACTS: The bipartisan Committee for a Responsible Federal Budget estimates that his programs would add $281 billion to the deficit at the end of his first term. The analysis includes Obama’s proposals for saving money.”

Read the full story here.

Peter Fray

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Peter Fray
Editor-in-chief of Crikey