Fact Check:
Excerpt: "Bankruptcies are down dramatically under President Obama, compared to the Bush years. Business bankruptcies hit a record 71,549 in 1991, when George H.W. Bush was president, second only to 1985, under Reagan, when 71,277 businesses filed. A record number of Americans — more than 2 million — filed for personal bankruptcy in 2005. Politicians are known to both misspeak and fudge the data, but not all are as close to the numbers as Ryan, who in Congress studies them himself, instead of leaning on aides to do it for him."
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