“We’ve already cut the federal deficit by over $1 trillion.”
What PolitiFact found
The annual federal deficit declined by $1.4 trillion on Biden’s watch, from 2021 to 2022. But the decline happened mostly because the pandemic was an extraordinary historical occurrence.
Their words, from the summary they publish with the rating.
In short
Joe Biden (president) made this claim around 8 March 2024. PolitiFact (United States) looked into it and published its finding on 9 March 2024, 1 day 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
- whitehouse.govhttps://www.whitehouse.gov/briefing-room/speeches-remarks/2024/03/08/remarks-by-president…
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.