Debt Scorecard true 0% 17 Checks mostly-true 0% 57 Checks Half True 0% 56 Checks mostly-false 0% 27 Checks false 0% 64 Checks Pants on Fire 0% 9 Checks For more details, see the Principles of PolitiFact All Fact-checks for Debt Karoline Leavitt stated on May 19, 2025 in a White House press briefing: President Donald Trump’s tax and spending bill “does not add to the deficit.” May 21, 2025 Facebook posts stated on March 19, 2025 in una publicación en Facebook: “El nuevo presidente ha aprobado el Programa Nacional de Alivio de Deuda 2025 para todos los hispanoamericanos”. By Maria Briceño • March 27, 2025 TikTok posts stated on February 8, 2025 in a TikTok post: People can get student debt “erased” by filing Family Educational Rights and Privacy Act complaints because the Department of Government Efficiency accessed federal student loan databases. By Claire Cranford • March 27, 2025 Facebook posts stated on October 22, 2024 in una publicación en Facebook: "El fondo de innovación para la deuda americana está ayudando a los hispanoamericanos a borrar hasta $50,000 de deuda de tarjetas de crédito...para evitar otra recesión". October 31, 2024 Tim Walz stated on September 21, 2024 in in Bethlehem, Pa.: “Donald Trump added more to the national debt than any other president, ever.” By Louis Jacobson • September 25, 2024 Facebook posts stated on September 3, 2024 in una publicación en Facebook: "La nueva ley de condonación elimina $15,000 de la deuda de tarjetas de crédito para todos los estadounidenses". By Maria Briceño • September 9, 2024 Facebook posts stated on June 27, 2024 in una publicación en Facebook: La comunidad de hispanos se puede beneficiar de una "Nueva ley de prosperidad nacional elimina hasta 47,000 en deudas de tarjetas de crédito". By Maria Briceño • July 5, 2024 Facebook posts stated on April 1, 2024 in una publicación en Facebook: “A todos los hispanoamericanos se les borraran sus deudas...porque quieren luchar contra la recesión que se avecina”. By Maria Briceño • April 5, 2024 Facebook posts stated on March 28, 2024 in una publicación en Facebook: "El reciente Programa de Alivio de Deudas 2024 está ayudando a miles de estadounidenses con deudas totales que superan los $13,000". April 4, 2024 Facebook posts stated on March 21, 2024 in una publicación en Facebook: "El presidente Biden acaba de anunciar el nuevo programa 'Latinos sin deudas 2024' que ayudará a toda la comunidad hispana con problemas de deudas". April 3, 2024 Facebook posts stated on March 23, 2024 in a video: “Biden signs an executive order to terminate Social Security, SSI, bans side hustle.” By Kwasi Gyamfi Asiedu • March 27, 2024 Facebook posts stated on March 8, 2024 in una publicación en Facebook: Jorge Ramos reportó que "la nueva ley de empoderamiento económico elimina entre $15,000 y $100,000 de deuda de tarjeta de crédito para todos los estadounidenses hispanos". March 25, 2024 Facebook posts stated on March 18, 2024 in una publicación en Facebook: Se acaba de lanzar "el Programa Oficial de Ayuda para Dificultades Económicas en 2024" para pagar tus deudas de tarjetas de crédito. By Maria Briceño • March 21, 2024 Facebook posts stated on March 13, 2024 in una publicación en Facebook: “A todos los hispanoamericanos se les borraran sus deudas hasta este sábado 16 de marzo, he aquí porque quieren luchar contra la recesión que se avecina”. By Maria Briceño • March 20, 2024 Eric Hovde stated on March 4, 2024 in Campaign video: “Since the end of the 2020 fiscal year, President Biden and Senator Baldwin have added over $7.3 trillion of debt, more than the first 228 years of our nation’s history combined.” By Hope Karnopp • March 14, 2024 Joe Biden stated on March 7, 2024 in his State of the Union address: The Trump administration "added more to the national debt than any presidential term in American history." By Louis Jacobson • March 12, 2024 Joe Biden stated on March 7, 2024 in a State of the Union address: "We’ve already cut the federal deficit by over $1 trillion." By Louis Jacobson • March 8, 2024 Facebook posts stated on November 15, 2023 in a Facebook post: “Any American who needs $2,000 a month can get it now” thanks to a new government program. By Maria Briceño • November 20, 2023 Mike Johnson stated on November 5, 2023 in an interview on "Fox News Sunday": “Only in Washington can you cut funding, add a pay-for to a new spending measure, and they say it's terrible for the deficit.” By Louis Jacobson • November 7, 2023 Mike Johnson stated on October 25, 2023 in his acceptance speech as speaker: “In the time it’s going to take me to deliver this speech, we’ll go up another $20 million in debt.” By Louis Jacobson • October 26, 2023 Load More Latest Articles The deficit has fallen under Joe Biden. It’s still higher than before the pandemic. By Louis Jacobson • March 5, 2024 A family budget is often invoked in U.S. debt fights. Just how similar is it to a federal budget? By Louis Jacobson • May 17, 2023 Could President Biden use the 14th Amendment to head off a debt default? By Louis Jacobson • May 12, 2023 The battle over the debt limit: What to know after the House GOP passed its bill By Louis Jacobson • April 28, 2023 Fact-checking Joe Biden’s final midterm rallies in Pennsylvania, New York, Florida By Louis Jacobson • November 7, 2022 Ask PolitiFact: Is homeownership harder for Black Americans to achieve? By Gabrielle Settles • August 31, 2022 The Democrats’ overstated claim that the Inflation Reduction Act curbs debt, inflation By Louis Jacobson • August 19, 2022 Mailbag: ‘Gotta do better,’ and ‘thank you for your service’ By Amy Sherman • October 5, 2021 The looming debt-ceiling showdown: What you need to know By Louis Jacobson • September 22, 2021 Donald Trump’s executive action on student loans, explained By Sophie Austin • August 11, 2020 Latest promises about Debt Joe Biden Make 2 years of community college or a high-quality training program tuition-free Joe Biden’s free community college plan failed to get congressional support | December 6, 2024 Joe Biden Make HBCUs, TCUs, and under-resourced MSIs more affordable for their students Biden makes progress on HBCU promise following historic funding increases | March 5, 2024 Joe Biden Stop for-profit education programs from profiteering off of students Promise Kept: Biden rules on for-profit schools are on the books, but delays make effects unclear | December 4, 2024 Joe Biden Double value of Pell Grants Biden signs Pell Grant increase into law, but amount falls short of campaign goal | August 19, 2022 Joe Biden Make public colleges and universities tuition-free for families who make less than $125,000 Joe Biden breaks promise to offer free college tuition to families earning less than $125,000 a year | December 6, 2024 Joe Biden Forgive student loan debt from public colleges and universities Joe Biden forgave student loan debt, but not as much as promised | December 16, 2024 Donald Trump Eliminate the federal debt in 8 years Federal debt is up, not down, under Trump’s watch | January 2, 2020 Barack Obama Fully fund debt cancellation for heavily indebted poor countries Obama funds debt relief for heavily indebted poor countries | December 26, 2012 Latest promises about Debt
Joe Biden Make 2 years of community college or a high-quality training program tuition-free Joe Biden’s free community college plan failed to get congressional support | December 6, 2024
Joe Biden Make HBCUs, TCUs, and under-resourced MSIs more affordable for their students Biden makes progress on HBCU promise following historic funding increases | March 5, 2024
Joe Biden Stop for-profit education programs from profiteering off of students Promise Kept: Biden rules on for-profit schools are on the books, but delays make effects unclear | December 4, 2024
Joe Biden Double value of Pell Grants Biden signs Pell Grant increase into law, but amount falls short of campaign goal | August 19, 2022
Joe Biden Make public colleges and universities tuition-free for families who make less than $125,000 Joe Biden breaks promise to offer free college tuition to families earning less than $125,000 a year | December 6, 2024
Joe Biden Forgive student loan debt from public colleges and universities Joe Biden forgave student loan debt, but not as much as promised | December 16, 2024
Donald Trump Eliminate the federal debt in 8 years Federal debt is up, not down, under Trump’s watch | January 2, 2020
Barack Obama Fully fund debt cancellation for heavily indebted poor countries Obama funds debt relief for heavily indebted poor countries | December 26, 2012
