“Since President Biden took office, families have lost the equivalent of $7,400 worth of income.”
What Washington Post found
Mccarthy is citing a Heritage Foundation report but other economists say there are better metrics
Their words, from the summary they publish with the rating.
In short
Kevin McCarthy (House Speaker (R-Calif.)) made this claim around 17 April 2023. Washington Post (United States) looked into it and published its finding on 18 April 2023, 1 day later. Its rating was “Depends on the math”.
Kevin McCarthy has 34 checked claims in this archive. Fact-checking organisations rated 20 of them false or fake, 9 misleading or mixed and 1 true.
Where the claim appeared
- speaker.govhttps://www.speaker.gov/live/
Links recorded by Washington Post. Some posts may have been deleted since.
This check was done by Washington Post, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.
Related checks
- PolitiFact: Mostly True“Since Biden took office ... real wages have fallen monthly.”