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 a White House press briefing President Donald Trump’s tax and spending bill “does not add to the deficit.” By Louis Jacobson • May 21, 2025 Facebook posts stated on March 19, 2025 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 Forgive student loan debt from public colleges and universities Joe Biden forgave student loan debt, but not as much as promised | December 16, 2024 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 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 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 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 Double value of Pell Grants Biden signs Pell Grant increase into law, but amount falls short of campaign goal | August 19, 2022 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