Bawney Fwank Lies About ACORN

House Financial Services Committee chairman Bawney Fwank (D-Massachusetts) lied to Lou Dobbs on national television the other night but no one seems to have noticed.

On the May 18 edition on CNN's Lou Dobbs Tonight, Rep. Michele Bachmann (R-Minnesota) said she was worried about the fact that ACORN and other organizations would "have access potentially to $8.5 billion" in federal funds.

ACORN, which Bachmann noted has received about $53 million in federal money since the early 1990s, has "a pattern of indictment for voter fraud," she said. "It's very concerning. No organization has a right to federal taxpayer money."

During the heated discussion that followed, longtime ACORN ally Fwank said, "the notion that they're eligible for $8 billion is nonsense." A moment later Frank, who appeared last year in one of the group'spromotional videos on YouTube called "ACORN Grassroots Democracy Campaign," repeated his mantra.

"But it's not $8 billion," he said.

Read the whole scoop here from the writer who came up with the $8 Billion figure.