“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.”
What PolitiFact found
In 2020, the publicly held debt exceeded 100% of GDP for the first time since World War II. Another measure of the debt that also includes loans between government agencies has been above 100% of GDP since 2012.
Their words, from the summary they publish with the rating.
In short
Nikki Haley (Former South Carolina governor) made this claim around 28 June 2021. PolitiFact (United States) looked into it and published its finding on 2 July 2021, 4 days later. Its rating was “Half True”.
Nikki Haley has 35 checked claims in this archive. Fact-checking organisations rated 12 of them false or fake, 19 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.