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
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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