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Latest Fact-Checks In Deficit

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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
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
Janet Yellen
Janet Yellen
stated on July 24, 2022 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 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 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 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 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 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 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 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 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 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
September 11, 2014
Vicky Hartzler
Vicky Hartzler
stated on June 24, 2014 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 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 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 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 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 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 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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