Elizabeth Warren Earns 4 Pinocchios from Washington Post Fact Checker

Elizabeth Warren's demagoguing false claim that "auto dealer markups cost consumer $26 billion a year" has earned the worst possible score of misrepresentation by the Washington Post.

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From the Post:

 

"...we did become curious about a statistic that Warren has frequently cited — that “auto dealer markups cost consumers $26 billion a year.” She referenced a 2011 report released by the Center for Responsible Lending (CRL), which describes itself as a nonpartisan, nonprofit organization that fights “predatory lending practices.”

"How accurate is this $26 billion figure and is Warren describing it correctly?

...

"Warren incorrectly characterizes it. She claimed that the study showed “auto dealer markups cost consumers $26 billion a year.” But Kukla acknowledged that this figure includes compensation for dealers who arranged the loans for car buyers.

 

Help the MassGOP call out more Democrats for playing fast and loose with the facts: join our rapid response team today.