“President Trump has granted pardons that have wiped out over $1 billion in debts owed by wealthy Americans who have committed fraud and broken the law.”
Search Results (591) for: debt
The Dispatch→ Heading Toward a Debt Spiral
How more and more deficit spending will put pressure on the U.S. economy.
News Facts Network→ Trump Silent on Musk Meltdown, Unleashes on Rand Paul Over Debt Complaints
While Elon Musk ripped into the GOP’s “disgusting abomination” of a spending bill with a... The post Trump Silent on Musk Meltdown, Unleashes on Rand Paul Over Debt Complaints appeared first on News Facts Network.
News Facts Network→ Trump Warns Rand Paul Not to Oppose ‘Big, Beautiful Bill’ Over Debt Concerns
Donald Trump warned Sen. Rand Paul (R-KY) on Saturday not to oppose his sweeping tax... The post Trump Warns Rand Paul Not to Oppose ‘Big, Beautiful Bill’ Over Debt Concerns appeared first on News Facts Network.
The Dispatch→ Our Debt Is a Problem for the Ages
We're in uncharted territory when it comes to the population-and-resources calculation.
The Dispatch→ The Republicans’ Debt Delusion
Tough talk on the budget is plentiful, but policy decisions tell a different story.
PolitiFact→ Patty Murray – Is Sen. Patty Murray right that Republican tax cuts are the biggest federal debt driver since 2001?
“The single biggest driver of our national debt since 2001 has been Republican tax cuts.”
PolitiFact→ Social Media – Does a ‘US Debt Clock’ prove DOGE has saved $64 billion? Why the clock and that claim lack evidence
“US Debt Clock” numbers prove “DOGE has saved taxpayers $64 billion dollars in just 17 days.”
Lead Stories→ Fact Check: Video Does NOT Prove Existence Of Program That ‘Literally’ Deposits $20,000 Into Bank Accounts To Pay Off Credit Card Debt
Does a video on social media offer any evidence of a program that gives people $20,000 so they can use the money to pay off their credit card debt? No, that's not true: The clip only showed two images of some bank account transactions of
PolitiFact→ Tim Walz – Is Tim Walz right that Donald Trump added more to the national debt than any other president?
“Donald Trump added more to the national debt than any other president, ever.”
Lead Stories→ Fact Check: Debt-Relief Ad For Veterans Does NOT Represent White House Initiative — It’s Made-Up
Did the White House announce a new debt-relief program for veterans who owe money on their credit cards? No, that's not true: A video on Facebook that made this claim used a fake screenshot of the White House website to create a misleadin
The Dispatch→ How to Truly Fix the Federal Debt
Reform will be painful, and there’s something for everyone to hate, but it beats the alternative.
The Dispatch→ There Are Two Sides to Every Debt
One party’s liability is another party’s asset.
PolitiFact→ Facebook posts – Debt relief offer is from private UK company, not US government program
"The administration (has) passed a new bill to help Americans with $15,000+ in credit card debt to write off their balance by 50%."
The Dispatch→ Assessing Claims About the Federal Debt and Billionaires’ Taxes
Seizing the wealth of all U.S. billionaires would decrease the debt by only 16 percent.
The Dispatch→ Assessing Claims About the Federal Debt and Billionaires’ Taxes
Seizing the wealth of all U.S. billionaires would decrease the debt by only 16 percent.
The Dispatch→ Biden Takes Another Swing at Student Debt Cancellation
The president tries to make good on a campaign promise.
Full Fact→ Debt isn’t ‘cleared’ if an offer of payment in cash is refused
Cash is ‘legal tender’ but there’s no obligation for shops and businesses to accept it. Just offering cash doesn’t clear a debt.
AllSides→ Fact-checking Joe Biden on debt accumulated under Donald Trump
https://www.politifact.com/factchecks/2024/mar/12/joe-biden/fact-checking-joe-biden-on-debt-accumulated-under/
PolitiFact→ Eric Hovde – Are GOP Senate candidate's claims about national debt under Biden, Baldwin correct?
“Since the end of the 2020 fiscal year, President Biden and Senator Baldwin have added over $7.3 trillion of debt, more than the first 228 years of our nation’s history combined.”
PolitiFact→ Joe Biden – Fact-checking Joe Biden on debt accumulated under Donald Trump
The Trump administration "added more to the national debt than any presidential term in American history."
The Dispatch→ Joe Biden’s Student Debt Cancellation, Explained
Although the Supreme Court blocked one of the president’s debt cancellation plans, his administration has forgiven billions via other policies.
The Dispatch→ The Ticking Debt Clock
The latest CBO report shows the national debt is skyrocketing—and projected to only get worse.
Full Fact→ Underlying debt is forecast to be higher in five years’ time than it is currently
An exchange between chief secretary to the Treasury Laura Trott and Radio 4 presenter Evan Davis has gone viral after confusion over debt projections.
The Dispatch→ The Problem with ‘Monetizing the Debt’
Just printing more money won’t solve our problems.
Full Fact→ Debt is only projected to begin falling towards the end of the decade
Chancellor Jeremy Hunt’s claim that the government is “delivering” on the pledge to get debt falling is only correct when looking at longer-term projections.
Lead Stories→ Fact Check: US National Debt Was NOT Paid Off In 2017 — Last Time Was 1835
Does a viral video show proof that the U.S. national debt was paid off in 2017? No, that's not true: The U.S. Treasury website shows the current U.S. national debt, which is about $33.7 trillion, a number accepted by U.S. financial market
Full Fact→ Prime Minister wrong to say UK’s debt ‘is falling’
The latest data for both of the main measures of the UK’s national debt shows it has increased over the last year.
PolitiFact→ Mike Johnson – Fact-checking new House Speaker Mike Johnson on the federal debt
“In the time it’s going to take me to deliver this speech, we’ll go up another $20 million in debt.”
PolitiFact→ Facebook posts – Video on 'American Debt Relief' program misleads
Video shows a family learning their debt was resolved by the “American Debt Relief program” for American citizens and legal residents who “have over $20,000” in credit card debt.
PolitiFact→ Jim Justice – Does national credit card debt exceed $1 trillion for the first time ever? And what does that mean?
"Credit card debt is above $1 trillion for the FIRST TIME EVER."
The Dispatch→ Americans Shrug Off Historic Debt Surge
The budget deficit just doubled to $2 trillion. Don’t expect it to shrink anytime soon.
PolitiFact→ West Virginia University Faculty Senate – Has President E. Gordon Gee increased West Virginia University’s debt load by 55%?
E. Gordon Gee’s university projects have increased “WVU’s debt load by 55%.”
The Dispatch→ A New Speaker Isn’t Going to Magically Fix the National Debt
Fiscal stability depends on addressing Medicare and Social Security.
PolitiFact→ Matt Gaetz – Matt Gaetz oversells role of budgetary dysfunction in adding to the federal debt
"Since the mid-'90s, this country has been governed by revolving continuing resolution and omnibus spending bill(s). … That is the reason we're $33 trillion in debt."
PolitiFact→ Mike Pence – Mike Pence off base about his policies aiding last U.S. debt decrease
"I actually pushed the Deficit Reduction Act. That was the last time we actually reduced the national debt in the United States, when I was the leader of House conservatives."
PolitiFact→ TikTok posts – New law lets you remove old debts from your record after only two years? Sorry, no
A new law allows people to permanently erase unpaid debt older than two years from their credit records.
The Dispatch→ Joe Biden’s New Debt Forgiveness Plan, Explained
The Higher Education Act of 1965 is more permissive than the HEROES Act but still has limits.
ABC News / AP Fact Check→ Biden did not misspell ‘billion’ in remarks about debt ceiling
CLAIM: President Joe Biden misspelled the word “billion” while addressing reporters after debt ceiling talks with congressional leaders at the White House.
The Dispatch→ Student Debt Cancellation, Canceled
Plus: SCOTUS rules for a Christian website designer in a free speech case.