FactChecking McCain

Summary
We checked the accuracy of McCain's speech accepting the Republican nomination and noted the following:

• McCain claimed that Obama's health care plan would "force small businesses to cut jobs" and would put "a bureaucrat ... between you and your doctor." In fact, the plan exempts small businesses, and those who have insurance now could keep the coverage they have.
• McCain attacked Obama for voting for "corporate welfare" for oil companies. In fact, the bill Obama voted for raised taxes on oil companies by $300 million over 11 years while providing $5.8 billion in subsidies for renewable energy, energy efficiency and alternative fuels.
• McCain said oil imports send "$700 billion a year to countries that don't like us very much." But the U.S. is on track to import a total of only $536 billion worth of oil at current prices, and close to a third of that comes from Canada, Mexico and the United Kingdom.
• He promised to increase use of "wind, tide [and] solar" energy, though his actual energy plan contains no new money for renewable energy. He has said elsewhere that renewable sources won't produce as much as people think.
• He called for "reducing government spending and getting rid of failed programs," but as in the past failed to cite a single program that he would eliminate or reduce.
• He said Obama would "close" markets to trade. In fact, Obama, though he once said he wanted to "renegotiate" the North American Free Trade Agreement, now says he simply wants to try to strengthen environmental and labor provisions in it.

Analysis
Sen. John McCain's acceptance speech to the Republican National Convention in Minneapolis-St. Paul on Sept. 4 was couched more in generalities than in specifics, offering fewer factual claims to check than we found in other speeches to the gathering. But we found some instances where the nominee strained the truth.

Insurance Claims
McCain mischaracterized Obama's health care plan:

McCain: His plan will force small businesses to cut jobs, reduce wages, and force families into a government run health care system where a bureaucrat stands between you and your doctor.

The claim that "small businesses" would have to "cut jobs, reduce wages," runs counter to Obama's actual proposal. Obama's plan would require businesses to contribute to the cost of insurance for employees or pay some unspecified amount into a new public plan. But his proposal specifically says, "Small businesses will be exempt from this requirement." And it offers additional help to small businesses that want to provide health care in the form of a refundable tax credit of up to half the cost of premiums. We'll note that neither man has defined what exactly a "small business" is.

Furthermore, Obama's plan wouldn't "force" families into a "government-run health care system." His plan mandates that children have coverage; there's no mandate for adults. People can keep the health insurance they have now or chose from private plans, or opt for a new public plan that will offer coverage similar to what members of Congress have. Obama would also expand Medicaid and the State Children's Health Insurance Program. His plan certainly expands government-offered insurance – and McCain's doesn't – but it's not a solely government-run plan, as McCain implied. And if Obama's public plan turns out to be similar to what federal employees have, as he says it would be, we're not sure how "a bureaucrat" would stand "between you and your doctor." The possible exception would be persons covered by Medicaid or SCHIP.

McCain also made this boast:

McCain: My health care plan will make it easier for more Americans to find and keep good health care insurance.

Fair enough. But McCain's plan wouldn't do nearly as well as Obama's. One comparison, by the nonpartisan Urban-Brookings Tax Policy Center, finds Obama's would reduce the uninsured by 18 million people in its first year, compared with a 1 million reduction under McCain's plan. TPC made various assumptions about the plans to fill in details each proposal lacks, so those numbers aren't definitive. We await more comparisons from other experts.

Oily Words
McCain attacked Obama for supporting "corporate welfare" for oil companies:

McCain: [I]nstead of freeing ourselves from a dangerous dependence on foreign oil, both parties and Senator Obama passed another corporate welfare bill for oil companies.

The bill McCain is talking about here is the 2005 energy bill, which actually raised taxes on the oil industry a little bit overall – by about $300 million, according to the nonpartisan Congressional Research Service. Meanwhile, McCain himself proposes to cut the corporate rate for all companies – oil included – and that would result in an estimated $4 billion cut for the five largest U.S.-based oil companies, according to the Center for American Progress Action Fund. Obama, on the other hand, is promising that he'll strip oil companies of "tax breaks" to the tune of an amount yet to be determined.

It's true that Obama voted for the 2005 bill. He said he favored the $5.8 billion (over 11 years) that it contained in tax incentives for renewable energy, energy efficiency and alternative fuels. McCain voted against it on the grounds that the $2.6 billion it contained for oil and gas incentives was too much, even though the bill also took away $2.9 billion from the industry, for a net tax increase of $300 million. Describing such a complex measure as "corporate welfare" is misleading.