Search results
Feb 8, 2023 · President Biden misleadingly claimed during his State of the Union address that he reduced the deficit by a record $1.7 trillion, according to a Fox News Digital fact check.
Mar 8, 2024 · The VERIFY team fact-checked claims during the 2024 State of the Union address. President Joe Biden delivered his fourth State of the Union address on Wednesday, March 4. VERIFY...
- 2 min
Mar 8, 2024 · FactChecking Biden’s State of the Union. His speech included misleading claims on inflation, crime, clean energy investments, wages and other subjects.
Mar 8, 2024 · Facing a challenging path to reelection amid low favorability ratings and public wariness over the economy, President Joe Biden used his 2024 State of the Union address to take a fighting...
- Summary
- Jobs
- Wages
- Deficit Down Due to Expiring Covid-19 Relief
- Debt and Deficits Under Trump
- Trade Deficit
- Medicare and Social Security
- Lead Pipe Replacement
- Infrastructure
- Sources
President Joe Biden put his spin on some facts, particularly about the economy, in his Feb. 7 State of the Union address: 1. Biden boasted that the 12.1 million jobs created in his first two years were more than the number of jobs added in four years under any president. But that job growth was fueled by a post-pandemic recovery that started under ...
In boasting about job growth, the president said that more jobs were created in his first two years than in four years under any president. “Two years ago, the economy was reeling,” Biden said. “I stand here tonight, after we’ve created — with the help of many people in this room — 12 million new jobs. More jobs created in two years than any presid...
The president, while admitting “we have more to do,” said the economy has been improving, specifically inflation and wages. “Inflation has fallen every month for the last six months, while take-home pay has gone up,” he said. He’s right that the inflation rate for the past 12 months was 6.5% in December — which was the sixth straight monththat the ...
Biden boasted that he has reduced the deficit by a record $1.7 trillion. “In the last two years, my administration has cut the deficit by more than $1.7 trillion – the largest deficit reduction in American history,” Biden said. The amount of the two-year drop in deficits is accurate. The FY 2020 deficit was $3.13 trillion and the FY 2022 deficit wa...
Biden also took aim at the deficits and debt rolled up by his predecessor, Donald Trump. “Under the previous administration, the American deficit went up four years in a row,” Biden said. “Because of those record deficits, no president added more to the national debt in any four years than my predecessor. Nearly 25% of the entire national debt, tha...
Under Biden, U.S. imports of goods and services have continued to exceed exports. However, Biden gave the false impression that was no longer the case. “For too many decades, we imported projects and exported jobs,” he said. “Now, thanks to what you all have done, we’re exporting American products and creating American jobs.” According to the lates...
Republicans in Congress booed the president when he suggested that some among them would “sunset” Medicare and Social Security — Rep. Marjorie Taylor Greene shouted“liar.” “Some of my Republican friends want to take the economy hostage — I get it — unless I agree to their economic plans,” Biden said. “All of you at home should know what those plans...
While talking about what the Bipartisan Infrastructure Law will do, Biden said, “We’re also replacing poisonous lead pipes that go into 10 million homes in America, 400,000 schools and childcare centers, so every child in America — every child in America — can drink the water instead of having permanent damage to their brain.” But as we have explai...
In talking about the bipartisan infrastructure law, Biden repeated a claimhe made in last year’s speech: “We used to be No. 1 in the world in infrastructure. We’ve sunk to 13th in the world. The United States of America: 13th in the world in infrastructure.” As we wrote a year ago, his claim is based on a 2019 Global Competitiveness Reportby the Wo...
U.S. Bureau of Labor Statistics. “Consumer Price Index News Release.” 12 Jan 2023. Rugaber, Christopher. “US inflation eases grip on economy, falling for a 6th month.” Associated Press. 12 Jan 2023. U.S. Bureau of Labor Statistics. “Employment, Hours, and Earnings from the Current Employment Statistics survey (National): Total Nonfarm.” Accessed 7 ...
The VERIFY team fact-checked claims from Biden’s address and the GOP response. THE CLAIM President Biden: “My administration cut the deficit by more than $1.7 trillion – the largest deficit ...
