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Latest Fact-Checks In Economy

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Democratic National Committee
Democratic National Committee
stated on April 3, 2026 a post on X:
President Donald Trump's proposed 2027 military budget would be "the largest spending increase since World War II.”
Mostly True
By Zoe Weyand • April 20, 2026
Blake Gendebien
Blake Gendebien
stated on January 30, 2026 an X post:
Milk prices “currently are no higher than they were in 1980’s.”
Mostly True
By Mary McNaughton, Emma Gavazzi • March 31, 2026
Ritchie Torres
Ritchie Torres
stated on July 20, 2025 an interview on CNN's "State of the Union":
“Since Donald Trump's inauguration, we have seen an 11% decline in the value of the dollar, the steepest decline in more than a half a century.”
Mostly True
By Louis Jacobson • July 25, 2025
Gavin Newsom
Gavin Newsom
stated on July 14, 2025 a podcast interview:
“California provides $83.1 billion more than we receive from the federal government. Texas? Receives $71.1 billion more than they provide to the federal government. 71% of the U.S. GDP comes from blue counties.”
Mostly True
By Louis Jacobson • July 18, 2025
JD Vance
JD Vance
stated on March 10, 2025 a speech:
“Under the previous administration … the cost of a median-price home in America more than doubled, and that was just in four years.”
Mostly True
By Louis Jacobson • March 12, 2025
Tony Evers
Tony Evers
stated on December 28, 2024 X, formerly Twitter:
“After 30 years of Wisconsin’s checking account running a deficit, we've ended every fiscal year I've been governor with a positive balance. Today, we have a $4.5 billion positive balance, and a record-high balance in our state savings account."
Mostly True
By Hope Karnopp • January 15, 2025
Kathy Hochul
Kathy Hochul
stated on November 19, 2024 a public event:
We’ve created 732,000 jobs since I've been governor.
Mostly True
By Jill Terreri Ramos • December 26, 2024
Joe Biden
Joe Biden
stated on August 2, 2024 a written statement:
"Since Vice President Harris and I took office … incomes have risen faster than prices."
Mostly True
By Louis Jacobson • August 6, 2024
Pete Buttigieg
Pete Buttigieg
stated on July 28, 2024 an interview on Fox News Sunday:
“Even before the pandemic, America went into a manufacturing recession.”
Mostly True
By Louis Jacobson • July 31, 2024
Simon Rosenberg
Simon Rosenberg
stated on March 8, 2024 a post on X:
“Since 1989 and a new age of globalization began, 51 million jobs have been created in America. 49 million, 96%, have been created under Democratic presidents.”
Mostly True
By Louis Jacobson • March 21, 2024
Donna Brazile
Donna Brazile
stated on February 4, 2024 a roundtable on ABC's "This Week":
Under President Joe Biden, “Black unemployment is the lowest in American history.”
Mostly True
By Louis Jacobson • February 5, 2024
Joe Biden
Joe Biden
stated on December 5, 2023 a post on X:
“We’ve created close to 800,000 manufacturing jobs since I’ve taken office.”
Mostly True
By Louis Jacobson • December 13, 2023
Karine Jean-Pierre
Karine Jean-Pierre
stated on November 20, 2023 a White House press briefing:
“Because wages are rising, this Thanksgiving dinner is the fourth-cheapest ever as a percentage of average earnings.”
Mostly True
By Louis Jacobson • November 21, 2023
Rachael Cabral-Guevara,
Rachael Cabral-Guevara,
stated on October 18, 2023 Public hearing:
Some individuals or businesses in Wisconsin are charging $2 or $2.25 an hour for child care.
Mostly True
By Hope Karnopp • November 7, 2023
Jim Justice
Jim Justice
stated on August 14, 2023 a post on X:
"Credit card debt is above $1 trillion for the FIRST TIME EVER."
Mostly True
By Ashala Moseberry • October 19, 2023
West Virginia Republican Party
West Virginia Republican Party
stated on August 17, 2023 a post on X:
“Since Biden took office ... real wages have fallen monthly.”
Mostly True
By Jacquie Broush • October 12, 2023
Shelley Moore Capito
Shelley Moore Capito
stated on August 23, 2023 a post on X:
“#Bidenomics has led to mortgage rates hitting a 21-year high → over 7%.”
Mostly True
By Sophia Bookwood • October 5, 2023
Jim Justice
Jim Justice
stated on August 24, 2023 a post on X:
“Under Jim Justice,” West Virginia had “the lowest unemployment rate in state history.”
Mostly True
By Kylie Tuttle • September 26, 2023
Joe Biden
Joe Biden
stated on August 24, 2023 a campaign ad:
Since Joe Biden “has taken office, unemployment in our (Latino) community has been cut in half."
Mostly True
By Marta Campabadal Graus • September 22, 2023
Bernie Sanders
Bernie Sanders
stated on September 17, 2023 an interview on CNN's "State of the Union":
“CEOs are now making 400 times more than their average worker.”
Mostly True
By Louis Jacobson, Matthew Crowley • September 21, 2023
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