President Obama reiterated his false claim that he has not raised the taxes of Americans.
Special Inspector General of the Troubled Asset Relief Program (TARP) Neil Barofsky told House members on July 21 that the TARP program and other government bailout programs have mushroomed the liability of the federal government to $23.7 trillion.
Michael Steele, chairman of the Republican National Committee, spoke on July 20 at the National Press Club. AP reported the same day that when Steele was asked if President Barack Obama’s plan for healthcare reform represented socialism, Steele answered: “Yes. Next question.”