“Romney left Massachusetts over $1 billion in debt.”

Claim: “Romney left Massachusetts over $1 billion in debt.”

Ad(s): Obama, Meet the Real Mitt Romney

Sponsor(s): Red White and Blue Fund

Air Dates: Feb. 24 – Mar. 20, 2012

Total Estimated Spending On This Claim: $234,163

Markets: Champaign, Peoria, Rockford, Davenport, Dayton, Biloxi, Birmingham, Columbus/Tulepo, Hattiesburg-Laurel, Jackson (MS), Huntsville, Mobile, Meridian,

FactCheck.org’s Summary: “That’s the high end of a projected budget shortfall for the following fiscal year. It was not an actual debt, and because of higher than expected revenues, it never materialized anyway.” Click here to read more

Politifact’s Summary: “That is inaccurate or misleading in several ways. The Red, White and Blue fund cherry-picks the highest number from a range of estimates. Also, it was not a ‘debt.’ It was just one projected shortfall for the upcoming year – and one that ultimately didn’t materialize.” Click here to read more

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