Biden claims to reduce debt by $1.7 trillion. Yes. Really

When Biden took office the national debt was $27.75 trillion, and as of writing it stands at $31.7 trillion. While only Biden needs this clarified; 31.7 trillion actually a bigger number than 27.75 trillion, not 1.7 trillion smaller.

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Biden has repeated the “$1.7 trillion debt reduction” claim numerous times in recent months, and it appears that he’s confused by his own White House’s talking points. According to an ironically-named “White House fact sheet” from March of this year, the administration claims “President Biden cut the deficit by more than $1.7 trillion during his first two years in office.”

In other words, Biden is confusing annual budget deficits with the cumulative national debt here. Regardless, the White House’s version of this talking point is just as false.

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