“We used to invest almost 2% of our GDP in research and development. We don’t now.”
What FactCheck.org found
Biden was likely referring to federal research funding, which has fallen below 2%. But total R&D funding, which includes private companies and nonprofits, is about 3% in the U.S.
Their words, from the summary they publish with the rating.
In short
Joe Biden (U.S. President) made this claim around 1 March 2022. FactCheck.org (United States) looked into it and published its finding on 2 March 2022, 1 day later. Its rating was “Misleading”.
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 FactCheck.org. Some posts may have been deleted since.
This check was done by FactCheck.org, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.