President Donald Trump misleadingly claimed that “deficits seem to be coming down,” when in fact deficits are rising, largely because of the tax cuts he enacted.
Trump Disinformation on Deficits
Issues: deficit
Trump’s Numbers January 2019 Update
Statistical measures of how things have changed since the president took office.
Trump’s Budget Wouldn’t Erase Deficits, CBO Said
Under President Trump’s proposed budget for fiscal year 2018, there would have been hundreds of billions of dollars in deficits each year from 2018 to 2027, according to the nonpartisan Congressional Budget Office. That contradicts White House Chief of Staff Mick Mulvaney’s claim that the U.S. “would actually be on a glide path to balancing the budget” under the plan.
Video: Trump’s False Trade Claims
In this week’s fact-checking video, CNN’s Jake Tapper looks at two of President Donald Trump’s recent claims about trade.
Trump’s Numbers (First Quarterly Update)
Statistical measures of how things have changed since the president took office.
Trump’s ‘Deficit Reduction’
White House press aides are claiming President Donald Trump’s budget contains trillions in “deficit reduction,” when it actually calls for larger deficits for the next several years.
Trump’s Numbers
Statistical measures of the president’s term to date.
Trump Muddles Economic Indicators
In a news interview and a speech in Pennsylvania, President Donald Trump misleadingly suggested that rising stock value could reduce the national debt.
Obama’s Final Numbers
The numbers are nearly all in now. What they show about what really happened during the eight years that Barack Obama was president is sometimes different from what politicians claimed.
Double-Counting Growth
The president’s budget counts on economic growth to reach a balance, but his tax cut plan also relies on that growth to remain revenue-neutral. Tax and budget experts say that’s double-counting the same money.