Biden “literally cut federal debt in half”, Fed Debt=$31T, half is $15.5T not $1.4T;

In this report, we cover the key points from the video “Biden “literally cut federal debt in half”, Fed Debt=$31T, half is $15.5T not $1.4T;.” Watch the full video above for complete coverage and context.

#shorts On 11/5/2022, President Joe Biden touted his administration’s debt reduction efforts while campaigning for Democratic candidates in Philadelphia. Joe Biden again says he “literally cut the federal debt in half,” which isn’t even close to true, “You know, because of the help I had from the senators in the Democratic Congress, we literally cut the federal debt in half by $1.4 trillion — (applause) — $1.4 trillion just this year” The $31+ trillion federal debt has not been cut in half, Biden’s math is not correct, $31T/2 = $15.5T more than 10 times inflated number.

Biden “literally cut the federal debt in half”, Fed Debt=$31T, half is $15.5T not $1.4T;

Key Points

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#shorts On 11/5/2022, President Joe Biden touted his administration’s debt reduction efforts while campaigning for Democratic candidates in Philadelphia

• Joe Biden again says he “literally cut the federal debt in half,” which isn’t even close to true, “You know, because of the help I had from the senators in the Democratic Congress, we literally cut the federal debt in half by $1
• 4 trillion just this year” The $31+ trillion federal debt has not been cut in half, Biden’s math is not correct, $31T/2 = $15
• 5T more than 10 times inflated number