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Latest Fact-Checks In Economy

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Joe Biden
Joe Biden
stated on January 30, 2023 A speech in Baltimore:
“We used to rank No. 1 in the world in research and development, now we rank No. 9. China used to rank No. 8, now it ranks No. 2.”
Mostly False
By Louis Jacobson, Matthew Crowley • February 13, 2023
Joe Biden
Joe Biden
stated on February 3, 2023 a speech in Philadelphia:
“We created more new jobs in two years than any president did in their entire term.”
Half-True
By Louis Jacobson • February 7, 2023
Devin LeMahieu
Devin LeMahieu
stated on January 3, 2023 Senate address:
"In 2010, (Wisconsin Republicans) inherited a multi-Billion dollar deficit … Today we are looking at a projected surplus approaching 7 Billion."
Mostly True
By Vanessa Swales • February 3, 2023
Joe Biden
Joe Biden
stated on January 25, 2023 a tweet:
“Two years ago this week, 18 million people were out of work needing unemployment benefits. Today, that number is under 1.6 million, the lowest in decades.”
Half-True
By Louis Jacobson • January 27, 2023
Glenn Youngkin
Glenn Youngkin
stated on January 23, 2023 a speech.:
Virginia tax receipts “in just the last four years alone have grown 50%.”
Mostly True
By Warren Fiske • January 25, 2023
Facebook posts
Facebook posts
stated on January 12, 2023 a photo on Facebook:
The cost of eggs has gone up 700%.
Mostly False
By Sara Swann • January 13, 2023
Joe Biden
Joe Biden
stated on January 12, 2023 remarks at the White House:
“Take-home pay for workers is going up.”
Half-True
By Louis Jacobson • January 13, 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
Facebook posts
Facebook posts
stated on December 7, 2022 a post on Facebook:
A $5,000 stimulus loan is available.
False
By Jill Terreri Ramos • January 6, 2023
Joe Biden
Joe Biden
stated on December 13, 2022 remarks at the White House:
“For the last several months, wages have gone up more than prices have gone up.”
Mostly True
By Louis Jacobson • December 14, 2022
Robin Vos
Robin Vos
stated on November 22, 2022 Public statement:
“A lot of the programs (that were) started during the pandemic are still going, even though the pandemic is long over.”
Mostly False
By Laura Schulte • December 1, 2022
Ron Johnson
Ron Johnson
stated on July 14, 2022 Blog post:
“We finally achieved that energy independence… under the Trump administration. President Biden squandered (it) away.”
Mostly False
By Lawrence Andrea • November 1, 2022
Charlie Crist
Charlie Crist
stated on October 4, 2022 a campaign ad:
"When I was your governor, we reduced insurance rates by 10%."
Mostly True
By Yacob Reyes • October 19, 2022
Joe Biden
Joe Biden
stated on October 8, 2022 an Instagram post:
The Biden administration has “created” more than double the number of jobs per month, on average, than any other administration going back to George H.W. Bush.
Half-True
By Louis Jacobson • October 13, 2022
Liz Wheeler
Liz Wheeler
stated on February 26, 2022 a video on Facebook:
The Great Reset advocates replacing capitalism with an economic system that is “kind of socialism, kind of communism” but “mostly just fascism.”
False
By Luiz Romero • October 11, 2022
Zach Nunn
Zach Nunn
stated on September 14, 2022 a tweet:
“Iowans are paying $5,000 extra for everyday goods under Biden and Axne’s inflation.”
Half-True
By Liam Halawith • October 5, 2022
Joe Biden
Joe Biden
stated on September 14, 2022 a speech in Detroit:
“Incomes are up.”
Mostly False
By Louis Jacobson • September 16, 2022
Ron Johnson
Ron Johnson
stated on August 7, 2022 News release:
"Last year the IRS audited Americans earning less than $25,000 a year at five times the rate of other groups."
Mostly True
By D.L. Davis • August 25, 2022
Joe Biden
Joe Biden
stated on August 16, 2022 remarks at the White House:
The American Rescue Plan “helped create nearly 10 million new jobs.”
Mostly False
By Louis Jacobson • August 24, 2022
Rebecca Kleefisch
Rebecca Kleefisch
stated on July 6, 2022 TV ad:
“Tim Michels pushed for years to raise (Wisconsin’s) gas tax.”
Mostly False
By Madeline Heim • August 5, 2022
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