From an article published today in Just the News:
President Biden made some misleading statements at the White House related to the public debt that was added during former President Trump's first term, one of which left-leaning Politifact rated "half true."
"He increased the deficit more than any other president has in history," Biden said on Wednesday at the White House after progressive Sen. Bernie Sanders, a self-described Democratic socialist, delivered remarks during an event about lowering health care and prescription drug costs.
During former President Obama's two terms in office when Biden was vice president, the national debt went up by more than $9.5 trillion, per U.S. Treasury figures. . . .
Biden has already added close to $7 trillion to the national debt, compared to $7.8 trillion for Trump's full first term. Treasury Department data shows that the debt increase by percentage under Barack Obama far outpaced Trump's by almost twice as much. Franklin D. Roosevelt and Woodrow Wilson lead the list by far, with 791% and 789% increases.
In the analysis, Politifact concluded that Biden's previous claim that Trump "added more to the national debt than any presidential term in American history" was only "half true," noting that the debt added under Biden will soon exceed Trump's total. (LINK)
President Biden made some misleading statements at the White House related to the public debt that was added during former President Trump's first term, one of which left-leaning Politifact rated "half true."
"He increased the deficit more than any other president has in history," Biden said on Wednesday at the White House after progressive Sen. Bernie Sanders, a self-described Democratic socialist, delivered remarks during an event about lowering health care and prescription drug costs.
During former President Obama's two terms in office when Biden was vice president, the national debt went up by more than $9.5 trillion, per U.S. Treasury figures. . . .
Biden has already added close to $7 trillion to the national debt, compared to $7.8 trillion for Trump's full first term. Treasury Department data shows that the debt increase by percentage under Barack Obama far outpaced Trump's by almost twice as much. Franklin D. Roosevelt and Woodrow Wilson lead the list by far, with 791% and 789% increases.
In the analysis, Politifact concluded that Biden's previous claim that Trump "added more to the national debt than any presidential term in American history" was only "half true," noting that the debt added under Biden will soon exceed Trump's total. (LINK)