Latest Half-True Fact-checks in Debt Eric Hovde 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.” Joe Biden 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." Joe Biden stated on March 7, 2024 in a State of the Union address: "We’ve already cut the federal deficit by over $1 trillion." Matt Gaetz 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." Mike Pence stated on March 24, 2023 in 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.” Joe Biden stated on January 20, 2023 in 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. Joe Biden stated on September 18, 2022 in an interview with CBS' "60 Minutes": “This year, it's going to be over $1.5 trillion (that we’ve) reduced the debt." Glenn Grothman stated on May 21, 2022 in 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. Joe Biden stated on May 10, 2022 in remarks at the White House: “My Treasury Department is planning to pay down the national debt this quarter, which never happened under my predecessor.” Abby Finkenauer stated on December 9, 2021 in a tweet: Chuck Grassley was “voting to slash Medicare” when voting against the debt ceiling bill. Joe Biden stated on October 4, 2021 in a speech: “Raising the debt limit is usually a bipartisan undertaking.” Nikki Haley stated on June 28, 2021 in a Facebook post: “The national debt is now bigger than our economy. That hasn’t happened since World War Two – and we’re in peacetime. Joe Biden is digging a hole America can never fill.” Tom Nelson stated on April 11, 2021 in Twitter: "Since 2010, student debt has increased by 102% and real wages have fallen by over 8%.” Veronica Escobar stated on February 4, 2020 in a speech: “The president has exploded the debt by more than $3 trillion — all to give billion-dollar tax cuts to the wealthiest few.” Donna Campbell stated on May 15, 2019 in in a tweet: "Local Government debt in Texas has increased nearly 40% in the past 5 years." Bloggers stated on December 9, 2018 in 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." Americans United for Change stated on October 26, 2016 in an ad: Says "Ron Johnson calls Social Security a Ponzi scheme and wants to privatize the program." Hillary Clinton stated on October 19, 2016 in in the third presidential debate.: "What I have put forward does not add a penny to the debt." Donald Trump stated on September 6, 2016 in a rally.: Barack Obama has "doubled our national debt. Doubled it. It's going to be close to $20 trillion when he leaves." Tim Kaine stated on July 27, 2016 in a speech at the Democratic National Convention in Philadelphia: Independent analysts "found that Trump's tax plan, given to the wealthy and big corporations, would rack up $30 trillion in debt." Elizabeth Warren stated on July 25, 2016 in a speech at the Democratic convention: "Donald Trump said he was excited for the 2008 housing crash that devastated millions of American families, because he thought it would help him scoop up more real estate on the cheap." Hillary Clinton stated on July 12, 2016 in a speech in Portsmouth, N.H.: "Independent analysts say (Donald Trump) would add $30 trillion to the national debt." Center for Individual Freedom stated on April 13, 2016 in a TV ad: Says Paul Ryan backs a proposal that would be a "bailout" of Puerto Rico. Elizabeth Warren stated on September 26, 2015 in a speech: Student loans from the federal government issued between 2007 and 2012 are on target "to produce $66 billion in profits for the United States government." Jeb Bush stated on August 10, 2015 in a Twitter exchange: There has been a 100 percent "increase in student debt under this Democratic White House." Rand Paul stated on April 7, 2015 in a speech announcing his presidential campaign: "Debt doubled" under Bush "and now it’s tripling under Barack Obama’s watch." Reince Priebus stated on December 2, 2014 in a speech: Says Barack Obama has "the worst record of any president when it comes to putting America deeper in debt." Cormick Lynch stated on August 3, 2014 in a debate on WPRI's Newsmakers: The cost of "college education has gone up 1,200 percent since 1978." Tammy Baldwin stated on May 8, 2014 in an interview: "This generation, on average, is starting their careers, if they’ve been to a four-year college, with just under $30,000 in debt." Chuck Hagel stated on March 2, 2014 in an interview on CBS' "Face the Nation": "It isn't me cutting the budget. It's the Congress' decision on sequestration. So it isn't secretary of defense or the president doing this."
Eric Hovde 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.” Joe Biden 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." Joe Biden stated on March 7, 2024 in a State of the Union address: "We’ve already cut the federal deficit by over $1 trillion." Matt Gaetz 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." Mike Pence stated on March 24, 2023 in 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.” Joe Biden stated on January 20, 2023 in 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. Joe Biden stated on September 18, 2022 in an interview with CBS' "60 Minutes": “This year, it's going to be over $1.5 trillion (that we’ve) reduced the debt." Glenn Grothman stated on May 21, 2022 in 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. Joe Biden stated on May 10, 2022 in remarks at the White House: “My Treasury Department is planning to pay down the national debt this quarter, which never happened under my predecessor.” Abby Finkenauer stated on December 9, 2021 in a tweet: Chuck Grassley was “voting to slash Medicare” when voting against the debt ceiling bill. Joe Biden stated on October 4, 2021 in a speech: “Raising the debt limit is usually a bipartisan undertaking.” Nikki Haley stated on June 28, 2021 in a Facebook post: “The national debt is now bigger than our economy. That hasn’t happened since World War Two – and we’re in peacetime. Joe Biden is digging a hole America can never fill.” Tom Nelson stated on April 11, 2021 in Twitter: "Since 2010, student debt has increased by 102% and real wages have fallen by over 8%.” Veronica Escobar stated on February 4, 2020 in a speech: “The president has exploded the debt by more than $3 trillion — all to give billion-dollar tax cuts to the wealthiest few.” Donna Campbell stated on May 15, 2019 in in a tweet: "Local Government debt in Texas has increased nearly 40% in the past 5 years." Bloggers stated on December 9, 2018 in 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." Americans United for Change stated on October 26, 2016 in an ad: Says "Ron Johnson calls Social Security a Ponzi scheme and wants to privatize the program." Hillary Clinton stated on October 19, 2016 in in the third presidential debate.: "What I have put forward does not add a penny to the debt." Donald Trump stated on September 6, 2016 in a rally.: Barack Obama has "doubled our national debt. Doubled it. It's going to be close to $20 trillion when he leaves." Tim Kaine stated on July 27, 2016 in a speech at the Democratic National Convention in Philadelphia: Independent analysts "found that Trump's tax plan, given to the wealthy and big corporations, would rack up $30 trillion in debt." Elizabeth Warren stated on July 25, 2016 in a speech at the Democratic convention: "Donald Trump said he was excited for the 2008 housing crash that devastated millions of American families, because he thought it would help him scoop up more real estate on the cheap." Hillary Clinton stated on July 12, 2016 in a speech in Portsmouth, N.H.: "Independent analysts say (Donald Trump) would add $30 trillion to the national debt." Center for Individual Freedom stated on April 13, 2016 in a TV ad: Says Paul Ryan backs a proposal that would be a "bailout" of Puerto Rico. Elizabeth Warren stated on September 26, 2015 in a speech: Student loans from the federal government issued between 2007 and 2012 are on target "to produce $66 billion in profits for the United States government." Jeb Bush stated on August 10, 2015 in a Twitter exchange: There has been a 100 percent "increase in student debt under this Democratic White House." Rand Paul stated on April 7, 2015 in a speech announcing his presidential campaign: "Debt doubled" under Bush "and now it’s tripling under Barack Obama’s watch." Reince Priebus stated on December 2, 2014 in a speech: Says Barack Obama has "the worst record of any president when it comes to putting America deeper in debt." Cormick Lynch stated on August 3, 2014 in a debate on WPRI's Newsmakers: The cost of "college education has gone up 1,200 percent since 1978." Tammy Baldwin stated on May 8, 2014 in an interview: "This generation, on average, is starting their careers, if they’ve been to a four-year college, with just under $30,000 in debt." Chuck Hagel stated on March 2, 2014 in an interview on CBS' "Face the Nation": "It isn't me cutting the budget. It's the Congress' decision on sequestration. So it isn't secretary of defense or the president doing this."
Eric Hovde 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.”
Joe Biden 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."
Joe Biden stated on March 7, 2024 in a State of the Union address: "We’ve already cut the federal deficit by over $1 trillion."
Matt Gaetz 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."
Mike Pence stated on March 24, 2023 in 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.”
Joe Biden stated on January 20, 2023 in 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.
Joe Biden stated on September 18, 2022 in an interview with CBS' "60 Minutes": “This year, it's going to be over $1.5 trillion (that we’ve) reduced the debt."
Glenn Grothman stated on May 21, 2022 in 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.
Joe Biden stated on May 10, 2022 in remarks at the White House: “My Treasury Department is planning to pay down the national debt this quarter, which never happened under my predecessor.”
Abby Finkenauer stated on December 9, 2021 in a tweet: Chuck Grassley was “voting to slash Medicare” when voting against the debt ceiling bill.
Joe Biden stated on October 4, 2021 in a speech: “Raising the debt limit is usually a bipartisan undertaking.”
Nikki Haley stated on June 28, 2021 in a Facebook post: “The national debt is now bigger than our economy. That hasn’t happened since World War Two – and we’re in peacetime. Joe Biden is digging a hole America can never fill.”
Tom Nelson stated on April 11, 2021 in Twitter: "Since 2010, student debt has increased by 102% and real wages have fallen by over 8%.”
Veronica Escobar stated on February 4, 2020 in a speech: “The president has exploded the debt by more than $3 trillion — all to give billion-dollar tax cuts to the wealthiest few.”
Donna Campbell stated on May 15, 2019 in in a tweet: "Local Government debt in Texas has increased nearly 40% in the past 5 years."
Bloggers stated on December 9, 2018 in 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."
Americans United for Change stated on October 26, 2016 in an ad: Says "Ron Johnson calls Social Security a Ponzi scheme and wants to privatize the program."
Hillary Clinton stated on October 19, 2016 in in the third presidential debate.: "What I have put forward does not add a penny to the debt."
Donald Trump stated on September 6, 2016 in a rally.: Barack Obama has "doubled our national debt. Doubled it. It's going to be close to $20 trillion when he leaves."
Tim Kaine stated on July 27, 2016 in a speech at the Democratic National Convention in Philadelphia: Independent analysts "found that Trump's tax plan, given to the wealthy and big corporations, would rack up $30 trillion in debt."
Elizabeth Warren stated on July 25, 2016 in a speech at the Democratic convention: "Donald Trump said he was excited for the 2008 housing crash that devastated millions of American families, because he thought it would help him scoop up more real estate on the cheap."
Hillary Clinton stated on July 12, 2016 in a speech in Portsmouth, N.H.: "Independent analysts say (Donald Trump) would add $30 trillion to the national debt."
Center for Individual Freedom stated on April 13, 2016 in a TV ad: Says Paul Ryan backs a proposal that would be a "bailout" of Puerto Rico.
Elizabeth Warren stated on September 26, 2015 in a speech: Student loans from the federal government issued between 2007 and 2012 are on target "to produce $66 billion in profits for the United States government."
Jeb Bush stated on August 10, 2015 in a Twitter exchange: There has been a 100 percent "increase in student debt under this Democratic White House."
Rand Paul stated on April 7, 2015 in a speech announcing his presidential campaign: "Debt doubled" under Bush "and now it’s tripling under Barack Obama’s watch."
Reince Priebus stated on December 2, 2014 in a speech: Says Barack Obama has "the worst record of any president when it comes to putting America deeper in debt."
Cormick Lynch stated on August 3, 2014 in a debate on WPRI's Newsmakers: The cost of "college education has gone up 1,200 percent since 1978."
Tammy Baldwin stated on May 8, 2014 in an interview: "This generation, on average, is starting their careers, if they’ve been to a four-year college, with just under $30,000 in debt."
Chuck Hagel stated on March 2, 2014 in an interview on CBS' "Face the Nation": "It isn't me cutting the budget. It's the Congress' decision on sequestration. So it isn't secretary of defense or the president doing this."