Latest Mostly True Fact-checks in Deficit Joe Biden stated on August 29, 2023 in a speech at the White House: “According to the Congressional Budget Office,” the Inflation Reduction Act “will save the federal government $160 billion over the next 10 years because Medicare will be paying less for the prescription drugs they’re making available to seniors.” Devin LeMahieu stated on January 3, 2023 in Senate address: "In 2010, (Wisconsin Republicans) inherited a multi-Billion dollar deficit … Today we are looking at a projected surplus approaching 7 Billion." Joe Biden stated on October 6, 2021 in remarks at the White House: “Raising the debt limit is paying our old debts. It has nothing to do with new spending.” X posts stated on July 23, 2019 in a tweet: "Reagan took the deficit from $70 billion to $175 billion. Bush 41 took it to $300 billion. Clinton got it to zero. Bush 43 took it from zero to $1.2 trillion. Obama halved it to $600 billion. Trump’s got it back to a trillion." Joe Scarborough stated on September 11, 2018 in 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." Rand Paul stated on February 8, 2018 in 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." Ron Johnson stated on June 26, 2017 in 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." Mike Pence stated on October 4, 2016 in the 2016 Vice Presidential debate: Says Tim Kaine "actually tried to raise taxes by about $4 billion." Hillary Clinton stated on September 26, 2016 in a Presidential debate: Says Donald Trump once suggested that he "would try to negotiate down the national debt." Mike Pence stated on July 20, 2016 in a speech at the Republican convention: "We in Indiana have . . . the highest credit rating in the nation." Ben Carson stated on April 20, 2016 in a Fox Business interview: "Andrew Jackson was the last president who actually balanced the federal budget, where we had no national debt." Jeb Bush stated on February 5, 2016 in a column posted on Medium.com: "Barack Obama will somehow manage to add more than $8 trillion to the national debt, which is more debt than the 43 presidents who held office before him compiled together." Barack Obama stated on January 12, 2016 in the State of the Union address: We have cut "our deficits by almost three-quarters." Barack Obama stated on October 2, 2015 in a press conference: Today, the deficit is "below the average deficits over the past 40 years." Rand Paul stated on July 17, 2015 in a campaign rally in Houston: "We borrow a million dollars every minute." Barack Obama stated on July 2, 2015 in a speech: "We've cut the deficit by two-thirds." Patricia Morgan stated on May 27, 2015 in a news conference: The Convention Center "was sold as a building that would never cost taxpayers a dime." Barack Obama stated on January 20, 2015 in his 2015 State of the Union address: We've seen "our deficits cut by two-thirds." Ernest Almonte stated on October 5, 2014 in an interview on WLNE's "On the Record": "I was speaking out on pension reform almost 17 years ago." Barack Obama stated on October 2, 2014 in a speech at Northwestern University: The cost of "health care is now the single-biggest factor driving down" the federal budget deficit. Gina Raimondo stated on August 26, 2014 in a debate: "The pension fund in the city of Providence is only 30 percent funded, about the same level as when he [Taveras] took office." Donna Brazile stated on December 29, 2013 in a discussion on CNN's "State of the Union": "(The farm bill) has a provision that would in many ways reduce the deficit." Scott Walker stated on November 12, 2013 in a book: "The national debt is on track to double during Obama’s presidency." Carol Shea-Porter stated on September 20, 2013 in a press release: "According to the Congressional Budget Office, repealing Obamacare would increase the budget deficit." Steve LaTourette stated on March 17, 2013 in an interview on “Fox News Sunday”: "Quite frankly, it was during the Bush years of spending, multiplied now by the Obama years that we have this mess." Jon Bramnick stated on February 8, 2013 in a panel discussion for "On The Record with Michael Aron": Says, "when this governor came to office, he had (an) 11 billion dollar - I call it mismanagement – deficit." Ron Johnson stated on February 13, 2013 in a radio interview: "Nobody in total is proposing cutting anything. We’re trying to reduce the rate of growth in government." Caroline Casagrande stated on October 26, 2012 in an interview with NJTV's Michael Aron for "On The Record": "Every American now is $51,000 in debt. That’s money I owe, that’s money my children owe before they even go to kindergarten, that’s their check to the federal government right now." Ron Johnson stated on September 11, 2012 in a campaign speech: Deficit spending ‘exploded during the Obama administration’ to $5.3 trillion over four years, compared to $2 trillion in eight years under President George W. Bush. Bill Clinton stated on June 2, 2012 in a video posted on YouTube: "It took us four years to balance the budget. Then I gave you four surplus budgets for the first time in more than 70 years, paid $600 billion down on the national debt."
Joe Biden stated on August 29, 2023 in a speech at the White House: “According to the Congressional Budget Office,” the Inflation Reduction Act “will save the federal government $160 billion over the next 10 years because Medicare will be paying less for the prescription drugs they’re making available to seniors.” Devin LeMahieu stated on January 3, 2023 in Senate address: "In 2010, (Wisconsin Republicans) inherited a multi-Billion dollar deficit … Today we are looking at a projected surplus approaching 7 Billion." Joe Biden stated on October 6, 2021 in remarks at the White House: “Raising the debt limit is paying our old debts. It has nothing to do with new spending.” X posts stated on July 23, 2019 in a tweet: "Reagan took the deficit from $70 billion to $175 billion. Bush 41 took it to $300 billion. Clinton got it to zero. Bush 43 took it from zero to $1.2 trillion. Obama halved it to $600 billion. Trump’s got it back to a trillion." Joe Scarborough stated on September 11, 2018 in 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." Rand Paul stated on February 8, 2018 in 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." Ron Johnson stated on June 26, 2017 in 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." Mike Pence stated on October 4, 2016 in the 2016 Vice Presidential debate: Says Tim Kaine "actually tried to raise taxes by about $4 billion." Hillary Clinton stated on September 26, 2016 in a Presidential debate: Says Donald Trump once suggested that he "would try to negotiate down the national debt." Mike Pence stated on July 20, 2016 in a speech at the Republican convention: "We in Indiana have . . . the highest credit rating in the nation." Ben Carson stated on April 20, 2016 in a Fox Business interview: "Andrew Jackson was the last president who actually balanced the federal budget, where we had no national debt." Jeb Bush stated on February 5, 2016 in a column posted on Medium.com: "Barack Obama will somehow manage to add more than $8 trillion to the national debt, which is more debt than the 43 presidents who held office before him compiled together." Barack Obama stated on January 12, 2016 in the State of the Union address: We have cut "our deficits by almost three-quarters." Barack Obama stated on October 2, 2015 in a press conference: Today, the deficit is "below the average deficits over the past 40 years." Rand Paul stated on July 17, 2015 in a campaign rally in Houston: "We borrow a million dollars every minute." Barack Obama stated on July 2, 2015 in a speech: "We've cut the deficit by two-thirds." Patricia Morgan stated on May 27, 2015 in a news conference: The Convention Center "was sold as a building that would never cost taxpayers a dime." Barack Obama stated on January 20, 2015 in his 2015 State of the Union address: We've seen "our deficits cut by two-thirds." Ernest Almonte stated on October 5, 2014 in an interview on WLNE's "On the Record": "I was speaking out on pension reform almost 17 years ago." Barack Obama stated on October 2, 2014 in a speech at Northwestern University: The cost of "health care is now the single-biggest factor driving down" the federal budget deficit. Gina Raimondo stated on August 26, 2014 in a debate: "The pension fund in the city of Providence is only 30 percent funded, about the same level as when he [Taveras] took office." Donna Brazile stated on December 29, 2013 in a discussion on CNN's "State of the Union": "(The farm bill) has a provision that would in many ways reduce the deficit." Scott Walker stated on November 12, 2013 in a book: "The national debt is on track to double during Obama’s presidency." Carol Shea-Porter stated on September 20, 2013 in a press release: "According to the Congressional Budget Office, repealing Obamacare would increase the budget deficit." Steve LaTourette stated on March 17, 2013 in an interview on “Fox News Sunday”: "Quite frankly, it was during the Bush years of spending, multiplied now by the Obama years that we have this mess." Jon Bramnick stated on February 8, 2013 in a panel discussion for "On The Record with Michael Aron": Says, "when this governor came to office, he had (an) 11 billion dollar - I call it mismanagement – deficit." Ron Johnson stated on February 13, 2013 in a radio interview: "Nobody in total is proposing cutting anything. We’re trying to reduce the rate of growth in government." Caroline Casagrande stated on October 26, 2012 in an interview with NJTV's Michael Aron for "On The Record": "Every American now is $51,000 in debt. That’s money I owe, that’s money my children owe before they even go to kindergarten, that’s their check to the federal government right now." Ron Johnson stated on September 11, 2012 in a campaign speech: Deficit spending ‘exploded during the Obama administration’ to $5.3 trillion over four years, compared to $2 trillion in eight years under President George W. Bush. Bill Clinton stated on June 2, 2012 in a video posted on YouTube: "It took us four years to balance the budget. Then I gave you four surplus budgets for the first time in more than 70 years, paid $600 billion down on the national debt."
Joe Biden stated on August 29, 2023 in a speech at the White House: “According to the Congressional Budget Office,” the Inflation Reduction Act “will save the federal government $160 billion over the next 10 years because Medicare will be paying less for the prescription drugs they’re making available to seniors.”
Devin LeMahieu stated on January 3, 2023 in Senate address: "In 2010, (Wisconsin Republicans) inherited a multi-Billion dollar deficit … Today we are looking at a projected surplus approaching 7 Billion."
Joe Biden stated on October 6, 2021 in remarks at the White House: “Raising the debt limit is paying our old debts. It has nothing to do with new spending.”
X posts stated on July 23, 2019 in a tweet: "Reagan took the deficit from $70 billion to $175 billion. Bush 41 took it to $300 billion. Clinton got it to zero. Bush 43 took it from zero to $1.2 trillion. Obama halved it to $600 billion. Trump’s got it back to a trillion."
Joe Scarborough stated on September 11, 2018 in 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."
Rand Paul stated on February 8, 2018 in 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."
Ron Johnson stated on June 26, 2017 in 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."
Mike Pence stated on October 4, 2016 in the 2016 Vice Presidential debate: Says Tim Kaine "actually tried to raise taxes by about $4 billion."
Hillary Clinton stated on September 26, 2016 in a Presidential debate: Says Donald Trump once suggested that he "would try to negotiate down the national debt."
Mike Pence stated on July 20, 2016 in a speech at the Republican convention: "We in Indiana have . . . the highest credit rating in the nation."
Ben Carson stated on April 20, 2016 in a Fox Business interview: "Andrew Jackson was the last president who actually balanced the federal budget, where we had no national debt."
Jeb Bush stated on February 5, 2016 in a column posted on Medium.com: "Barack Obama will somehow manage to add more than $8 trillion to the national debt, which is more debt than the 43 presidents who held office before him compiled together."
Barack Obama stated on January 12, 2016 in the State of the Union address: We have cut "our deficits by almost three-quarters."
Barack Obama stated on October 2, 2015 in a press conference: Today, the deficit is "below the average deficits over the past 40 years."
Rand Paul stated on July 17, 2015 in a campaign rally in Houston: "We borrow a million dollars every minute."
Patricia Morgan stated on May 27, 2015 in a news conference: The Convention Center "was sold as a building that would never cost taxpayers a dime."
Barack Obama stated on January 20, 2015 in his 2015 State of the Union address: We've seen "our deficits cut by two-thirds."
Ernest Almonte stated on October 5, 2014 in an interview on WLNE's "On the Record": "I was speaking out on pension reform almost 17 years ago."
Barack Obama stated on October 2, 2014 in a speech at Northwestern University: The cost of "health care is now the single-biggest factor driving down" the federal budget deficit.
Gina Raimondo stated on August 26, 2014 in a debate: "The pension fund in the city of Providence is only 30 percent funded, about the same level as when he [Taveras] took office."
Donna Brazile stated on December 29, 2013 in a discussion on CNN's "State of the Union": "(The farm bill) has a provision that would in many ways reduce the deficit."
Scott Walker stated on November 12, 2013 in a book: "The national debt is on track to double during Obama’s presidency."
Carol Shea-Porter stated on September 20, 2013 in a press release: "According to the Congressional Budget Office, repealing Obamacare would increase the budget deficit."
Steve LaTourette stated on March 17, 2013 in an interview on “Fox News Sunday”: "Quite frankly, it was during the Bush years of spending, multiplied now by the Obama years that we have this mess."
Jon Bramnick stated on February 8, 2013 in a panel discussion for "On The Record with Michael Aron": Says, "when this governor came to office, he had (an) 11 billion dollar - I call it mismanagement – deficit."
Ron Johnson stated on February 13, 2013 in a radio interview: "Nobody in total is proposing cutting anything. We’re trying to reduce the rate of growth in government."
Caroline Casagrande stated on October 26, 2012 in an interview with NJTV's Michael Aron for "On The Record": "Every American now is $51,000 in debt. That’s money I owe, that’s money my children owe before they even go to kindergarten, that’s their check to the federal government right now."
Ron Johnson stated on September 11, 2012 in a campaign speech: Deficit spending ‘exploded during the Obama administration’ to $5.3 trillion over four years, compared to $2 trillion in eight years under President George W. Bush.
Bill Clinton stated on June 2, 2012 in a video posted on YouTube: "It took us four years to balance the budget. Then I gave you four surplus budgets for the first time in more than 70 years, paid $600 billion down on the national debt."