Latest Fact-Checks In Debt

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Elizabeth Warren
Elizabeth Warren
stated on November 20, 2019 a debate
"Today in America — a new study came out — 20 years out, whites who borrowed money, 94% of them have paid off their student loan debt; 5% of African Americans have paid it off."
Mostly False
November 21, 2019
Bernie Sanders
Bernie Sanders
stated on June 24, 2019 Press conference in Washington D.C.
"Forty years ago, a federal Pell Grant paid for nearly 80% of tuition, fees, room and board at a four-year college."
Mostly True
By Kit Norton, Lola Duffort • June 26, 2019
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
Kamala Harris
Kamala Harris
stated on March 6, 2019 a news release
"College debt has increased 170 percent since 2006 and now exceeds $1.5 trillion dollars, which is second only to mortgage debt and surpasses even credit card debt."
Mostly True
By Chris Nichols • March 21, 2019
Chip Roy
Chip Roy
stated on February 27, 2019 a hearing for the House Oversight and Government Reform Committee
"We amass about $100 million in debt per hour, which means we've blown through 300, 400, 450 million dollars during this charade."
Mostly True
By Madlin Mekelburg • February 28, 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
Bloggers
Bloggers
stated on October 18, 2018 posts on the Internet
"Canada Pays Off Entire Federal Debt One Day After Marijuana Legalization"
Pants on Fire!
By Louis Jacobson • October 24, 2018
Joe Scarborough
Joe Scarborough
stated on September 11, 2018 a newspaper column
"President Trump’s Republican Party will create more debt in one year than was generated in the first 200 years of America’s existence."
Mostly True
By Louis Jacobson • September 12, 2018
Larry Kudlow
Larry Kudlow
stated on June 29, 2018 an interview with Fox Business Network
"The deficit ... is coming down, and it’s coming down rapidly."
Pants on Fire!
By Louis Jacobson • July 2, 2018
Kelda Helen Roys
Kelda Helen Roys
stated on May 2, 2018 an interview
Says that under Scott Walker, on a percentage basis, Wisconsin is "spending twice as much on debt service for just basic road repair and maintenance" than before he took office.  
Mostly True
June 11, 2018
Bill Clinton
Bill Clinton
stated on June 4, 2018 an interview on NBC's Today show
"I left the White House $16 million in debt."
Mostly False
By Manuela Tobias • June 5, 2018
Joe Manchin
Joe Manchin
stated on May 9, 2018 an interview with Hoppy Kercheval
"By 2022, just the interest payment on our debt will be greater than the defense of our country."
Mostly True
By Louis Jacobson • May 10, 2018
Eric Bolling
Eric Bolling
stated on April 4, 2018 a tweet
"USPS loses $1.46 each Amazon package it delivers."
False
By Manuela Tobias • April 6, 2018
Donald Trump
Donald Trump
stated on April 2, 2018 a tweet
"Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed."
False
By Manuela Tobias • April 2, 2018
Dennis Kucinich
Dennis Kucinich
stated on January 29, 2018 on a campaign website
The default rate for college students has grown from 40 percent 10 years ago to about 50 percent today, and "perhaps as many as 800,000 young Ohioans are facing default on their student loans."
False
By Amy Sherman • March 20, 2018
Rand Paul
Rand Paul
stated on February 8, 2018 a Senate floor speech
"George W. Bush doubled the debt from $5 trillion to $10 trillion. President Obama doubled the debt from $10 trillion to $20 trillion. Now we're on course to exceed $30 trillion in the next seven years or so."
Mostly True
By Louis Jacobson • February 9, 2018
Donald Trump
Donald Trump
stated on October 11, 2017 an interview with Fox News' Sean Hannity
The Obama administration "borrowed more than $10 trillion, right? And yet, we picked up $5.2 trillion just in the stock market. ... Maybe in a sense we’re reducing debt."
False
By Louis Jacobson • October 12, 2017
Committee of Austin's Children PAC
Committee of Austin's Children PAC
stated on September 24, 2017 a handout in advance of November 2017 vote on a bond proposition
Says a proposed $1.05 billion Austin school district bond proposition "will require no tax rate increase."
Mostly True
By W. Gardner Selby • October 12, 2017
Mick Mulvaney
Mick Mulvaney
stated on October 1, 2017 an interview on "Fox News Sunday"
On whether higher federal deficits are acceptable.
Full Flop
By Louis Jacobson • October 4, 2017
Ron Johnson
Ron Johnson
stated on June 26, 2017 an op-ed in the New York Times
"We are $20 trillion in debt. The Congressional Budget Office projects an additional $129 trillion of accumulated deficits over the next 30 years."
Mostly True
By Louis Jacobson • June 30, 2017
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