President Joe Biden received a bad verdict from fact-checkers who have deemed his statements about the economy "false and misleading."
The pushback comes from fact-checkers over a recent speech he delivered in Virginia about the economic progress his administration has made during his first two years in the White House.
Biden made multiple claims in a recent speech about the current state of the economy that have fact-checkers — from both CNN and the House Ways and Means Committee — sounding the alarm.
Biden's Lies Exposed
Biden's false comments came while speaking at the Steamfitters Local 602 in Springfield last week.
Following the speech, CNN reporter Daniel Dale, accused Biden of making "false and misleading claims."
"Topping the list of fact-checks from Dale was Biden's claim that his administration has 'funded 700,000 major construction projects – 700,000 all across America,' which the White House has admitted is not the case," reports Fox.
"Biden’s '700,000' figure is wildly inaccurate; it adds an extra two zeros to the correct figure Biden used in a speech last week and the White House has also used before: 7,000 projects," Dale said,
Dale noted that the White House altered Biden's transcript from the speech to show the correct number.
"Dale also took aim at Biden for his claim that 'only 3.5 million people had been — even had their first vaccination' when former President Donald Trump left office in January 2021," reports Fox.
"The actual number people who had received their first shot against COVID-19 when Trump left office in January 2021 was about 19 million, according to Centers for Disease Control and Prevention data. The 3.5 million figure refers to those who had received two rounds of the shot," reported Fox.
"Biden also faced scrutiny from CNN over his claim that billionaires 'pay virtually only 3% of their income now – 3%, they pay,' a comment that was later walked back by the White House," reported Fox News.
"Biden’s ‘3%’ claim is incorrect. For the second time in less than a week, Biden inaccurately described a 2021 finding from economists in his administration that the wealthiest 400 billionaire families paid an average of 8.2% of their income in federal individual income taxes between 2010 and 2018," Dale said in his fact-check. "After CNN inquired about Biden’s '3%' claim on Thursday, the White House published a corrected official transcript that uses '8%' instead."
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