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Latest Fact-Checks In Debt

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Facebook posts
Facebook posts
stated on October 3, 2023 a Facebook post:
Video shows a family learning their debt was resolved by the “American Debt Relief program” for American citizens and legal residents who “have over $20,000” in credit card debt.
False
By Marta Campabadal Graus • October 20, 2023
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 August 23, 2023 a Republican presidential debate in Milwaukee:
"I actually pushed the Deficit Reduction Act. That was the last time we actually reduced the national debt in the United States, when I was the leader of House conservatives."
Mostly False
By Louis Jacobson • August 29, 2023
TikTok posts
TikTok posts
stated on June 22, 2023 a post:
A new law allows people to permanently erase unpaid debt older than two years from their credit records.
False
By Tom Kertscher • August 1, 2023
Pramila Jayapal
Pramila Jayapal
stated on May 28, 2023 in an interview on CNN’s “State of the Union”:
The average amount of assistance for the Supplemental Nutrition Assistance Program is $6 a day.
Mostly True
By Sevana Wenn • June 6, 2023
Facebook posts
Facebook posts
stated on May 22, 2023 una publicación en Facebook:
"Si trabajaste en el año 2020 puede ser que te deban muchísimo dinero” a través de un “crédito que está activo hasta ahora”.
False
By Madison Czopek • May 31, 2023
Hakeem Jeffries
Hakeem Jeffries
stated on May 12, 2023 a tweet:
“(Donald) Trump ran up more debt than any other president in American history.”
Mostly False
By Louis Jacobson • May 22, 2023
Facebook posts
Facebook posts
stated on April 20, 2023 una publicación en Facebook:
“¡Los préstamos de estímulo de $50,000 finalmente están aquí!”
False
By Marta Campabadal Graus • April 26, 2023
Facebook posts
Facebook posts
stated on April 5, 2023 una publicación de Facebook:
"Nueva ley de perdón está eliminando hasta $15,000 de deuda para todos los estadounidenses…cualquier categoría aplica".
False
By Marta Campabadal Graus • April 19, 2023
Facebook posts
Facebook posts
stated on April 18, 2023 una publicación en Facebook:
"La Asociación Nacional de la Deuda ... recientemente aprobó un programa de alivio de la deuda para todos los que tengan más de $10,000 en deuda en tarjetas de crédito".
False
By Marta Campabadal Graus • April 18, 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
Alexandria Ocasio-Cortez
Alexandria Ocasio-Cortez
stated on January 27, 2023 an interview with reporters:
“The largest contributor to the debt ceiling, or to our deficit, has been the Trump tax cuts.”
False
By Louis Jacobson • February 1, 2023
Viral image
Viral image
stated on January 27, 2023 a Rumble post:
“Biden smirks while saying he has added more to the debt than any president before him.”
False
By Ciara O'Rourke • January 31, 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
Hakeem Jeffries
Hakeem Jeffries
stated on January 8, 2023 an interview on NBC's "Meet the Press":
A “default on our debt” would be unprecedented in American history.
Mostly True
By Louis Jacobson • January 11, 2023
Tim Ryan
Tim Ryan
stated on August 24, 2022 statements to the media:
On supporting student debt relief.
Half Flip
By Amy Sherman • October 7, 2022
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
Facebook posts
Facebook posts
stated on August 25, 2022 a post:
Student debt relief is taxable by the Internal Revenue Service.
False
By Jeff Cercone • August 30, 2022
Facebook posts
Facebook posts
stated on August 15, 2022 una publicación en Facebook:
“El congreso acaba de aprobar un reciente proyecto de ley para todos los que tengan más de $10,000 de deuda”.
False
By Maria Ramirez Uribe • August 19, 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
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