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Factsheet: Democracy debate Night 1



Ohio MP Tim Ryan claimed that "the top 1% control 90% of assets".

Facts first: This is wrong. Recent studies show that the richest 1% own about 39% of the country's total wealth.

According to the Center for Budgetary and Political Priorities, a non-partisan research institute, "the share of top 1 percent of assets rose from just under 30 percent in 1989 to nearly 39 percent in 2016."
This is consistent with a Federal Reserve study that found that the richest 1% in 2016 controlled 38.6% of assets in the US.
According to a study by NYU economist Edward Wolff in 201
7, the top 1% own 40%. of wealth in the US.

-Holmes Lybrand

Violence in the Cory Booker's Neighborhood

Cory Booker, a New Jersey senator, often states on the campaign trail that he lives in a low-income inner city area. During Wednesday's debate, Newark's mayor said that seven people were shot dead in his neighborhood in Newark last week.

"I hear shots in my neighborhood," Booker said. "I think I'm the only one, I hope I'm the only one who killed seven people in their neighborhood last week."

Fact Check: It's sad and it's true.

Six people were injured and one man died in two shootings in Newark's Central Ward, where Booker lives on the penultimate Tuesday, according to Anthony Ambrose, director of public safety in Newark.

Two women were injured and one man was killed shortly before 16:00 at the first shootout, Ambrose said in a press release. Five minutes and about a mile away, four men were injured in another shootout, Ambrose said.

Booker lives only a block from this first shootout.

David Shortell

Household Income

Ohio Rep. Tim Ryan claimed that "the lower 60% have not seen any increase since 1980."

Facts first: This is wrong. The lowest 60% have experienced an increase in their income since 1980.

It's unclear where Ryan gets these statistics from. However, a 2018 Congressional Budget Office report states that the lower 60% from 1979 to 2015 saw an inflation-adjusted increase in household incomes of 32%. [19659015] In the meantime, the income of the top 1% has increased by 233%.

-Holmes Lybrand

Gun Control

Cory Booker of New Jersey said, "If you need a driver's license, you should need a driver's license to buy and own a firearm, and not all of them Territory agrees, but in states like Connecticut that did, 40% less gun violence and 15% fewer suicides were recorded. "

Facts first: There is an academic peer review for this claim Support.

Booker referred to the implications of a 1995 law requiring a permit or license to purchase a firearm, raising the age of those allowed to own weapons from 18 to 21 and requiring an eight-hour security training on weapons. A 2015 study published in the American Journal of Public Health found that the law was associated with a 40% reduction in the murder rate of firearms.
A 2015 study in the journal Preventive Medicine found that the law lowered the suicide rate of firearms by an estimated 15.4%.

– Lydia dePillis

Prison population

Former Texas Congressman Beto O'Rourke brought a strong number to the debate on Wednesday evening: "In this country, you have 2.3 million of ours tonight It is the largest prison population in the world. "

Facts first: Comparing prison populations between nations is difficult, as statistics are not kept in the same way in all countries , O & Rourke is broadly right about the number of people behind bars in the United States, but for example due to the mass arrests in China, his claim that the US has the largest prison population on the planet is questionable ,

According to an analysis of Justice Department figures by the Pew Research Center, about 2.2 million people were behind bars between federal and state prisons in the US in 2016 and carried out prisons on the ground.
China occupies second place with 1,649,804 detained persons. This emerges from the World Prison Letter, a database compiled by Birkbeck, University of London.
Measuring the prison population in China is not easy, however, as the World Prison Brief notes, citing China's use of "administrative detention facilities" for some drug offenders and prostitutes. According to Randall Schriver, US Secretary of Defense, up to 3 million Chinese Uighurs, a Muslim-majority ethnic group, may be in government detention centers last month.

David Shortell

Medicare for All

Sen. Amy Klobuchar on Medicare for All: "I'm worried about throwing half of Americans out of health insurance in four years."

Facts first: True. Medicare for All would cut private insurance for 150 million people.

The Senate's Medicare for All bill, sponsored by Vermont Senator Bernie Sanders, would essentially eliminate the private insurance industry after a four-year transition. Instead, all Americans would be included in a government-led plan that would cover virtually all medically necessary benefits. Private insurers could only offer other services, such as cosmetic surgery.

Currently, more than 150 million Americans receive health insurance through private plans offered by their employers, according to the Kaiser Family Foundation. Private insurance also includes the millions who buy policies on the relevant stock exchange or through Medicare Advantage plans. All of these consumers would be switched from policy to the national plan under Medicare for All.

-Tami Luhby

Corporate Tax

Sen. Cory Booker pointed out to companies like Amazon and Halliburton that they "are not paying taxes."

Facts first: The tax rates of Amazon and Halliburton are low, but not zero.

We can not be sure, as Amazon's tax returns are private. The Wall Street Journal recently reported that the company's tax rate was 8% from 2012 to 2018.

"From 2012 to 2018, Amazon reported pre-tax income of $ 25.4 billion and current tax provisions of $ 1.9 billion," the Journal reported. "This is a tax rate of 8% – low, but not zero or negative Looking back, since 2002, Amazon has had a pre-tax profit of $ 27.7 billion worldwide and a tax rate of 13% of $ 3.6 billion paid in cash. "

Amazon was a Democratic goal as a major winner of the 2017 Republican Tax Review Act.

Former Vice President Joe Biden blew up the company's tax payments during a stopover in Iowa and tweeted : "( N) No company that makes billions of dollars in profits should have a lower tax rate than firefighters and teachers, "pointed out Amazon.
The company tweeted back : "We pay every penny we owe Congress has designed tax laws to encourage companies to reinvest in the American economy … We have … The complaint from VP Biden is linked to the tax code, not Amazon. "
According to a report from the Institute of Taxation and Economic Policy, it appears that some of the country's largest companies receive nearly $ 19 million in tax payments for one Profits of $ 1.1 billion generated their income taxes set to zero.

-Donna Borak

Income Inequality

In answering a question about income inequality, Jay Inslee, Governor of Washington said: "It is not true that the CEO of McDonald's is 2,100 times more earns as the people spin at McDonald's. "

Facts first: Technically, it is true that this also includes the wages of part-time workers who work abroad, not just in the United States UNITED STATES. [19659010] McDonald's reported that CEO Stephen Easterbrook's total compensation for 2018 was $ 15.9 million, while the average employee earned $ 7,473. However, this middle-aged employee is a part-time employee based in Hungary.

However, this momentum led to a pay ratio of 2,124 to 1, according to a company April financial statement.

-Katie Lobosco

Insurance Company

Cory Booker said, "The insurance costs they charge amount to 15% while the Medicare costs are only 2%."

Facts First: This is about right, although comparing apples to apples is difficult.

According to the Medicare Medicines Annual Report 2019, administrative costs in 2018 were $ 9.9 billion, or about 1.3% of Medicare's total spend.
According to a report by the impartial budget office of the Congress in 2016 In relation to the premiums per participant, the administrative costs of private insurance companies were between 11% and 20%, depending on whether they serve large employers, small companies or the individual market.

Some of Medicare's overhead costs are covered by the social security system, so the actual administrative costs are likely to be higher. However, it is true that the administrative costs of Medicare are lower in relation to total expenditure than in the private market.

-Lydia DePillis

Immigration

The former Secretary of Housing and Urban Development and Mayor of San Antonio Julian Castro suggested that the policies of the Trump Administration limit asylum to entry ports, The death of the USA The Salvadoran father and child were found secretly in the Rio Grande, the subject of a now infamous photograph.

Facts first: & # 39; metering & # 39; has led to longer waiting times, but it is unclear whether these waiting times have led to the family opting for an illegal crossing.

"They played games with people who come and try to seek asylum at our ports of entry, Oscar and Valeria went to a port of entry, and then they were denied the opportunity to apply for asylum so that they were frustrated and tried to cross the river and they died because of it, "said Castro.

The Trump government's policy of "measurement" has led to longer waiting times, though it is difficult to attribute the motive to a migrant's decision to illegally cross the border.

In the case of the father and child who died trying to cross the Rio Grande, CNNE's mother told CNN that they had left the country in April, hoping to get it to work in Dallas create. She said the family wanted to buy their own home and improve their financial situation.

Customs and Border Protection has stated that it does not know how many migrants have been rejected on the basis of measurements.

-Priscilla Alvarez

Taxes

Former Texas MP Beto O'Rourke announced that Congress has passed "a $ 2 trillion tax cut" in favor of companies holding record piles of Cash and the richest sit in the country in a time of historical prosperity inequality.

Facts first : According to the Congressional Budget Office, the statement by O Rourke seems roughly correct, although there are a number of estimates that reflect the cost of the Law on Tax Reductions and Predict Jobs for 2017

Last year, the Congressional Budget Office predicted that the tax cut plus the additional debt service cost would increase the deficit by $ 1.9 trillion over a 10-year period.
But other cost estimates varied. It would cost $ 1.4 trillion over a ten-year period, or a little more than $ 1 trillion, if you look more closely at its economic impact, according to an estimate by Congressional Joint Tax Committee before the bill was passed.
One year after the bill was passed, the conservative tax foundation found that the cost, taking into account the impact on the economy, was even lower, $ 1.47 trillion on a traditional basis and $ 448 billion over a period of ten years.

-Lydia DePillis

This story stops and is updated.


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