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He said this at an event at the dnc in austin, texas. true or false? >> false. you look at the numbers, it's really about 35%. doubling has been the white house goal, but definitely not close. he earned a false on our truth-o-meter. >> is that a case where he may have misspoke? >> yeah, i think so. >> got carried away? >> yeah, the white house didn't dispute it when we pointed out the difference to them. you know, these guys say these talking points over and over again. >> all right. let's move on to newt gingrich. this is in his announcement video, so it's prepared text. he said, quote, for f...

I'm newt gingrich and i'm announcing my candidacy for president of the united states because i believe we can return america to hope and opportunity. to full employment. to real security. to an american energy program. to a balanced budget. i worked with president ronald reagan in a very difficult period. we got jobs created again. americans proud of america. and the soviet union disappeared. as speaker of the house i worked to reform welfare to balance the budget. to control spending. to cut taxes. to create economic growth. unemployment came down from 5.6% to un4. for four years we balanced ...

Unemployment came down from 5.6% to under 4%. for four years we balanced the budget and paid off $405 billion in debt. >> chris: gingrich will give his first interview as a candidate on sean hannity's program at 9:00 p.m. eastern tonight on fox. former army lieutenant general ricardo sanchez says he is running for the senate in texas. if the first democrat to declare for the seat currently held by republican kay bailey hutchison who is not seeking re-election next year. sasanchez retire stafford abu ghraib scandal in iraq but was exonerated of any wrongdoing. floodwaters from the mighty mi...

To under 4%. and for four years we balanced the budget and paid off $405 billion in debt. we've done it before. we can do it again. >> newt gingrich announced his candidacy via facebook and twitter this afternoon. joining me now ari thanks for joining me tonight. >> thank you. >> it seems to me his running mate should be bill clinton. the thing he's claiming credit for there. it was a kind of clinton-gingrich combination at that point in our government. >> right. and he would have been backseat in that car. it was clinton who ultimately got more credit for a lot of those economic benefit from ...

We did it. it took three years. we balanced it for four consecutive years. we paid off 405 billion dollars in debt. we did it. >> sean: how balance this budget? we've never had these numbers before. are you saying you do it in three years, five years? >> i think probably five years. depends on how fast you can regrow the economy. here's the bizarre good news out of the bad news. we only went down from 5.6% to slightly below 4 only a differential about 1.6%. our national unemployment rate is around 4. with the unemployed it is 15. if we went back down to 4% and say three or four years, you woul...