The following is a fact-check of the May 16, 2010 episode of Meet the Press:
SEN. MITCH McCONNELL (R-KY) | The Obama admin. will have doubled the national debt in the next 5 years, triple it in 10 – TRUE
SEN. McCONNELL: They’ve doubled the national debt in the last–will double the national debt in the next five years, triple it in 10.
Politifact checked the same statement made by Judd Gregg and here is what they had to say:
To check the claim, we relied on an analysis from the Congressional Budget Office, released on March 20. The CBO, a nonpartisan arm of Congress, projects that the national debt will go from $5.8 trillion in 2008 to $11.8 trillion by the end of 2013; and to $17.3 trillion in 2019. By that count, Gregg’s claim of doubling the debt in five years, tripling it in 10 years, is correct.
Politifact used the CBO’s estimate of the President’s budget, and according to the estimate, the national debt will double in 5 years and triple in 10. Therefore, we find Sen. Mitch McConnell’s statement TRUE.
Special thanks to crowd-sourcer James for assisting with this fact-check.
This fact-check took a combined 1 hour.