“Median income in this country is … $35,000 a year. Because of Joe Biden's inflation, the average monthly expenses have increased by $500, almost.”
Tim Scott
Republican presidential candidate. a Fox News town hall. Claim dated 21 Jun 2023.
PolitiFact rated thisHalf True
What PolitiFact found
The $500 increase in costs because of inflation is based on a June 2022 analysis, when year-over-year inflation was 9.1%. Today, inflation is 4%, so the impact would be smaller.
Their words, from the summary they publish with the rating.
In short
Tim Scott (Republican presidential candidate) made this claim around 21 June 2023. PolitiFact (United States) looked into it and published its finding on 26 June 2023, 5 days later. Its rating was “Half True”.
Tim Scott has 15 checked claims in this archive. Fact-checking organisations rated 5 of them false or fake, 9 misleading or mixed and 1 true.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.