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Latest Fact-Checks In Debt

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Tim Walz
Tim Walz
stated on September 21, 2024 in Bethlehem, Pa.:
“Donald Trump added more to the national debt than any other president, ever.”
Half-True
By Louis Jacobson • September 25, 2024
Eric Hovde
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.”
Half-True
By Hope Karnopp • March 14, 2024
Joe Biden
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."
Half-True
By Louis Jacobson • March 12, 2024
Joe Biden
Joe Biden
stated on March 7, 2024 a State of the Union address:
"We’ve already cut the federal deficit by over $1 trillion."
Half-True
By Louis Jacobson • March 8, 2024
Matt Gaetz
Matt Gaetz
stated on October 1, 2023 an interview on ABC's "This Week":
"Since the mid-'90s, this country has been governed by revolving continuing resolution and omnibus spending bill(s). … That is the reason we're $33 trillion in debt."
Half-True
By Louis Jacobson • October 2, 2023
Mike Pence
Mike Pence
stated on March 24, 2023 an interview with Fox Business' Maria Bartiromo:
“We have a national debt the size of our nation’s economy for the first time since World War II.”
Half-True
By Louis Jacobson • March 30, 2023
Joe Biden
Joe Biden
stated on January 20, 2023 a speech at the White House:
“One quarter” of today’s $31.4 trillion federal debt “was accumulated in the four years of my predecessor,” Donald Trump.
Half-True
By Louis Jacobson • January 25, 2023
Joe Biden
Joe Biden
stated on September 18, 2022 an interview with CBS' "60 Minutes":
“This year, it's going to be over $1.5 trillion (that we’ve) reduced the debt."
Half-True
By Louis Jacobson • September 20, 2022
Glenn Grothman
Glenn Grothman
stated on May 21, 2022 Newsletter:
"Nearly 60% of all student loan debt is held by the rich and upper-middle class," so forgiveness would give the wealthy a "financial windfall" but not really help low-income people.
Half-True
By Laura Schulte • June 10, 2022
Joe Biden
Joe Biden
stated on May 10, 2022 remarks at the White House:
“My Treasury Department is planning to pay down the national debt this quarter, which never happened under my predecessor.”
Half-True
By Louis Jacobson • May 13, 2022
Abby Finkenauer
Abby Finkenauer
stated on December 9, 2021 a tweet:
Chuck Grassley was “voting to slash Medicare” when voting against the debt ceiling bill.
Half-True
By Lyle Muller • December 17, 2021
Joe Biden
Joe Biden
stated on October 4, 2021 a speech:
“Raising the debt limit is usually a bipartisan undertaking.”
Half-True
By Amy Sherman • October 6, 2021
Nikki Haley
Nikki Haley
stated on June 28, 2021 a Facebook post:
“The national debt is now bigger than our economy. That hasn’t happened since World War Two – and we’re in peacetime. Joe Biden is digging a hole America can never fill.”
Half-True
By Jason Asenso, Louis Jacobson • July 2, 2021
Tom Nelson
Tom Nelson
stated on April 11, 2021 Twitter:
"Since 2010, student debt has increased by 102% and real wages have fallen by over 8%.”
Half-True
By Haley BeMiller • May 21, 2021
Veronica Escobar
Veronica Escobar
stated on February 4, 2020 a speech:
“The president has exploded the debt by more than $3 trillion — all to give billion-dollar tax cuts to the wealthiest few.”
Half-True
By Louis Jacobson • February 5, 2020
Donna Campbell
Donna Campbell
stated on May 15, 2019 in a tweet:
 "Local Government debt in Texas has increased nearly 40% in the past 5 years."
Half-True
By Madlin Mekelburg • May 24, 2019
Bloggers
Bloggers
stated on December 9, 2018 a Facebook post:
Says "Cost of Mueller’s investigation: $3,200,000; Benghazi "investigation": $7,000,000; Trump’s golfing trips: $83,000,000; New debt from Republican tax bill: $1,500,000,000,000."
Half-True
By Miriam Valverde • December 19, 2018
Americans United for Change
Americans United for Change
stated on October 26, 2016 an ad:
Says "Ron Johnson calls Social Security a Ponzi scheme and wants to privatize the program."
Half-True
By Tom Kertscher • November 4, 2016
Hillary Clinton
Hillary Clinton
stated on October 19, 2016 in the third presidential debate.:
"What I have put forward does not add a penny to the debt."  
Half-True
By Aaron Sharockman • October 20, 2016
Donald Trump
Donald Trump
stated on September 6, 2016 a rally.:
Barack Obama has "doubled our national debt. Doubled it. It's going to be close to $20 trillion when he leaves."
Half-True
By Sean Gorman • September 12, 2016
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