“This year, it's going to be over $1.5 trillion (that we’ve) reduced the debt.”
What PolitiFact found
The latest projection shows that the deficit is about $1.7 trillion lower now than it was in 2021. But this is mostly because of an unusual historical circumstance — the expiration of coronavirus pandemic relief.
Their words, from the summary they publish with the rating.
In short
Joe Biden (president) made this claim around 18 September 2022. PolitiFact (United States) looked into it and published its finding on 20 September 2022, 2 days later. Its rating was “Half True”.
Joe Biden has 509 checked claims in this archive. Fact-checking organisations rated 140 of them false or fake, 281 misleading or mixed and 34 true.
Where the claim appeared
Links recorded by PolitiFact. Some posts may have been deleted since.
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.