Here's a website that distills a lot of the political rhetoric from both sides down to the salient facts. Politifact.com won the 2009 Pulitzer Prize for national political reporting. Visit the website at...

http://www.politifact.com/truth-o-meter

You'll have some fun and be surprised by some of the facts found to either support or deny statements made by politicians on both sides of the aisle. I love the occasional finding of "liar-liar, pants on fire" instead of the simple true or false assigned to most of the statements.