PolitiFact | Debt

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All Fact-checks for Debt

stated on April 1, 2024 in una publicación en Facebook

“A todos los hispanoamericanos se les borraran sus deudas...porque quieren luchar contra la recesión que se avecina”.

true

false

stated on March 28, 2024 in una publicación en Facebook

"El reciente Programa de Alivio de Deudas 2024 está ayudando a miles de estadounidenses con deudas totales que superan los $13,000".

true

false

stated on March 21, 2024 in una publicación en Facebook

"El presidente Biden acaba de anunciar el nuevo programa 'Latinos sin deudas 2024' que ayudará a toda la comunidad hispana con problemas de deudas".

true

false

stated on March 23, 2024 in a video

“Biden signs an executive order to terminate Social Security, SSI, bans side hustle.”

true

pants-fire

stated on March 8, 2024 in una publicación en Facebook

Jorge Ramos reportó que "la nueva ley de empoderamiento económico elimina entre $15,000 y $100,000 de deuda de tarjeta de crédito para todos los estadounidenses hispanos".

true

false

stated on March 18, 2024 in una publicación en Facebook

Se acaba de lanzar "el Programa Oficial de Ayuda para Dificultades Económicas en 2024" para pagar tus deudas de tarjetas de crédito.

true

false

stated on March 13, 2024 in una publicación en Facebook

“A todos los hispanoamericanos se les borraran sus deudas hasta este sábado 16 de marzo, he aquí porque quieren luchar contra la recesión que se avecina”.

true

false

stated on March 4, 2024 in Campaign video

“Since the end of the 2020 fiscal year, President Biden and Senator Baldwin have added over $7.3 trillion of debt, more than the first 228 years of our nation’s history combined.”

true

half-true

stated on March 7, 2024 in his State of the Union address

The Trump administration "added more to the national debt than any presidential term in American history."

true

half-true

stated on March 7, 2024 in a State of the Union address

"We’ve already cut the federal deficit by over $1 trillion."

true

half-true

stated on November 15, 2023 in a Facebook post

“Any American who needs $2,000 a month can get it now” thanks to a new government program.

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false

stated on November 5, 2023 in an interview on "Fox News Sunday"

“Only in Washington can you cut funding, add a pay-for to a new spending measure, and they say it's terrible for the deficit.”

true

false

stated on October 25, 2023 in his acceptance speech as speaker

“In the time it’s going to take me to deliver this speech, we’ll go up another $20 million in debt.”

true

mostly-true

stated on October 3, 2023 in 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.

true

false

stated on October 1, 2023 in 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."

true

half-true

stated on August 23, 2023 in 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."

true

barely-true

stated on June 22, 2023 in a post

A new law allows people to permanently erase unpaid debt older than two years from their credit records.

true

false

Pramila Jayapal

stated on May 28, 2023 in 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.

true

mostly-true

stated on May 22, 2023 in 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”.

true

false

Hakeem Jeffries

stated on May 12, 2023 in a tweet

“(Donald) Trump ran up more debt than any other president in American history.”

true

barely-true

The deficit has fallen under Joe Biden. It’s still higher than before the pandemic.

The deficit has fallen under Joe Biden. It’s still higher than before the pandemic.

By Louis Jacobson • March 5, 2024

A family budget is often invoked in U.S. debt fights. Just how similar is it to a federal budget?

A family budget is often invoked in U.S. debt fights. Just how similar is it to a federal budget?

By Louis Jacobson • May 17, 2023

Could President Biden use the 14th Amendment to head off a debt default?

Could President Biden use the 14th Amendment to head off a debt default?

By Louis Jacobson • May 12, 2023

The battle over the debt limit: What to know after the House GOP passed its bill

The battle over the debt limit: What to know after the House GOP passed its bill

By Louis Jacobson • April 28, 2023

Fact-checking Joe Biden’s final midterm rallies in Pennsylvania, New York, Florida

Fact-checking Joe Biden’s final midterm rallies in Pennsylvania, New York, Florida

By Louis Jacobson • November 7, 2022

Ask PolitiFact: Is homeownership harder for Black Americans to achieve?

Ask PolitiFact: Is homeownership harder for Black Americans to achieve?

By Gabrielle Settles • August 31, 2022

The Democrats’ overstated claim that the Inflation Reduction Act curbs debt, inflation

The Democrats’ overstated claim that the Inflation Reduction Act curbs debt, inflation

By Louis Jacobson • August 19, 2022

Mailbag: ‘Gotta do better,’ and ‘thank you for your service’

Mailbag: ‘Gotta do better,’ and ‘thank you for your service’

By Amy Sherman • October 5, 2021

The looming debt-ceiling showdown: What you need to know

The looming debt-ceiling showdown: What you need to know

By Louis Jacobson • September 22, 2021

Donald Trump’s executive action on student loans, explained

Donald Trump’s executive action on student loans, explained

By Sophie Austin • August 11, 2020

Latest promises about Debt

Make HBCUs, TCUs, and under-resourced MSIs more affordable for their students

Forgive student loan debt from public colleges and universities

Double value of Pell Grants

Make 2 years of community college or a high-quality training program tuition-free

Make public colleges and universities tuition-free for families who make less than $125,000

Stop for-profit education programs from profiteering off of students

Eliminate the federal debt in 8 years

Fully fund debt cancellation for heavily indebted poor countries