Thursday, July 22, 2021

Fact Check: Biden Claims Moody’s Report Said His $4.1 Trillion Spending Plans Will Reduce Inflation

 WASHINGTON, DC - JULY 20: U.S. President Joe Biden pauses while speaking at the start of a Cabinet meeting in the Cabinet Room of the White House on July 20, 2021 in Washington, DC. Six months into his presidency, this is Biden's second full Cabinet meeting. The White House said …

Claim: “Here’s the deal. Moody’s today went out—Wall Street firm, not some liberal think tank—said if we pass the other two things I’m trying to get done we will in fact reduce inflation. Reduce inflation. Reduce inflation,” Joe Biden said of his $4 trillion of proposed spending at a live CNN town hall Wednesday night.

Verdict: False. The Moody’s report, put together by a Democrat economist, did not say Biden’s plan would reduce inflation.

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1 comment:

  1. DanJuly 22, 2021 at 9:21 PM

    Biden is so demented I have no doubt he actually believes the crap his handlers tell him to spout.....when he's lucid.

    ReplyDelete

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