It’s time for our annual round-up of the biggest Pinocchios of the year.

The midterm elections, of course, dominated our coverage of false claims, as an avalanche of negative ads tumbled across televisions screens. Some of those ads, which made it onto our list of the worst campaign ads, have the dubious honor of also appearing on this list.

This year, we are also highlighting the bipartisan failure of politicians in both parties for failing to accurately describe the impact of the Affordable Care Act. Democrats such as President Obama and Republicans such as House Speaker John Boehner (R-Ohio) either inflated or deflated the numbers to a ridiculous extent. (Before anyone asks, Obama’s “if you want to keep your plan” was on last year’s list)…

Obama: “Republicans have filibustered 500 pieces of legislation”

President Obama, a former senator, got quite a few things wrong here. He spoke of legislation that would help the middle class, but he was counting cloture votes that mostly involved judicial and executive branch nominations. Moreover, he counted all the way back to 2007, meaning he even included votes in which he, as senator, voted against ending debate — the very thing he decried in his remarks. At best, he could claim the Republicans had blocked about 50 bills, meaning he was off by a factor of ten.

Read more from this story HERE.