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Latest Fact-Checks In Deficit

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Joe Biden
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."
Half-True
By Louis Jacobson • March 12, 2024
Joe Biden
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."
Half-True
By Louis Jacobson • March 8, 2024
Joe Biden
Joe Biden
stated on September 18, 2022 in 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
Janet Yellen
Janet Yellen
stated on July 24, 2022 in an interview on NBC's "Meet the Press":
"We've cut the deficit by a record $1.5 trillion this year."
Half-True
By Louis Jacobson • July 28, 2022
Joe Biden
Joe Biden
stated on May 10, 2022 in 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
Nikki Haley
Nikki Haley
stated on June 28, 2021 in 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
David Craig
David Craig
stated on April 2, 2019 in a tweet:
Says Gov. Tony Evers' budget includes tax and fee increases even while spending "more on his way to a nearly $2 billion deficit."
Half-True
By Mica Soellner • April 24, 2019
Don Bacon
Don Bacon
stated on October 16, 2018 in a debate:
Says revenues "are actually up after tax reform."
Half-True
By Samantha Putterman • October 25, 2018
Hillary Clinton
Hillary Clinton
stated on July 12, 2016 in a speech in Portsmouth, N.H.:
"Independent analysts say (Donald Trump) would add $30 trillion to the national debt."
Half-True
By Louis Jacobson • July 13, 2016
Occupy Democrats
Occupy Democrats
stated on April 25, 2015 in a meme first posted on Facebook:
Says "Bush Jr. handed Obama a $1.4 trillion deficit" and Obama "reduced Bush Jr.’s deficit to just $492 billion."
Half-True
By Jon Greenberg • August 27, 2015
Kelly Ayotte
Kelly Ayotte
stated on July 1, 2015 in a town hall meeting in Colebrook, N.H.:
The federal deficit would pay for 40 gallons of "New Hampshire maple syrup" for everyone in the United States.
Half-True
By Clay Wirestone • July 22, 2015
Barack Obama
Barack Obama
stated on October 2, 2014 in a speech at Northwestern University:
"When I took office, the deficit was nearly 10 percent of our economy. Today, it's approaching 3 percent."
Half-True
By Louis Jacobson • October 6, 2014
Alberta Darling
Alberta Darling
stated on September 8, 2014 in a news release:
"Wisconsin does not have a deficit. Thanks to Republican reforms, the 2014 budget will begin with a $443 million surplus."
Half-True
By Tom Kertscher • September 11, 2014
Vicky Hartzler
Vicky Hartzler
stated on June 24, 2014 in a "Roll Call" interview:
The Export-Import Bank "doesn’t cost taxpayers anything."
Half-True
By Lauren Carroll • June 30, 2014
Eric Cantor
Eric Cantor
stated on August 4, 2013 in an interview on "Fox News Sunday":
The federal deficit is "growing."
Half-True
By Louis Jacobson • August 5, 2013
Will Weatherford
Will Weatherford
stated on May 9, 2013 in an op-ed:
"Expanding Medicaid would require borrowing more money, drastically expanding our deficit."
Half-True
By Katie Sanders • May 16, 2013
Bill Nelson
Bill Nelson
stated on February 21, 2013 in an interview on Central Florida News 13:
In a budget deal struck in 2011 "a trillion dollars of cuts went into effect immediately, and then a special committee was set up ... to get agreement on another $3 trillion of cuts."
Half-True
By Becky Bowers • February 25, 2013
Barack Obama
Barack Obama
stated on February 19, 2013 in a speech in Washington, D.C.:
Says if Congress doesn’t avoid the sequester, "tens of thousands of parents will have to scramble to find child care for their kids."
Half-True
By Becky Bowers • February 22, 2013
Sherrod Brown
Sherrod Brown
stated on January 1, 2013 in a news release:
Says the New Year’s Day "fiscal cliff" deal "reduces the deficit."
Half-True
By Stephen Koff • January 31, 2013
Chris Christie
Chris Christie
stated on January 8, 2013 in a State of the State address:
Says in fiscal year 2011, the state had "a projected $11 billion deficit."
Half-True
By Caryn Shinske • January 9, 2013
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