FACT CHECK: Obama promised a 5.4 percent unemploym...


Live blog: Second debate between President Obama and Mitt Romney

  • FACT CHECK: Obama promised a 5.4 percent unemployment rate by now: Romney's claim is based on a report Obama's Council of Economic Advisers prepared before Obama took office. The council predicted that passage of Obama’s stimulus package would prevent unemployment from rising above 8 percent -- a fact Republican presidential nominee Mitt Romney cites frequently -- and would bring it down to the mid-5s in the third quarter of 2012.
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