In recent weeks, President Donald Trump has made a series of claims about the economy, a topic that should feature prominently in his State of the Union address to Congress on Feb. 24.
A Pre-SOTU Guide to Trump’s Economic Claims
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Trump Misleads on Drug Pricing Deals
President Donald Trump has said that Americans are now paying or will pay “the lowest price anywhere in the world for drugs,” thanks to the administration’s negotiations with pharmaceutical companies. The administration has announced discounted cash prices for a small number of brand-name drugs. There isn’t evidence Trump’s deals so far have led to broad decreases in drug prices, nor is it certain they will in the future.
The Disagreement over Judicial and Administrative Warrants for ICE
One of the sticking points in the standoff between Democrats and Republicans over funding for the Department of Homeland Security has been the Trump administration’s expanded use of administrative warrants to forcibly enter people’s homes to make immigration arrests. Democrats argue the new DHS policy runs afoul of the Constitution and have demanded immigration officers obtain judicial warrants — a higher legal bar that requires a judge’s approval — to forcibly enter a home.
Trump Oversells Recent U.S. Economic Growth
In the second and third quarters of 2025, the U.S. economy grew at its fastest pace in two years. Those growth rates were not “numbers unheard of,” or figures the U.S. “never had” before, as President Donald Trump has claimed.
Manufacturing Construction Spending Declines Under Trump
Spending to build, expand and rehabilitate manufacturing sites in the U.S. has declined since President Donald Trump took office, according to U.S. Census Bureau data. Yet, Trump has repeatedly boasted that “factory construction” is up 41%.
Americans Don’t Need ‘Dramatically’ More Protein, Despite Officials’ Claims
In unveiling new dietary guidelines, federal health officials have claimed they are correcting past guidance that created a “generation of kids low in protein” and that Americans should get “dramatically” more of the nutrient. While some individuals may benefit from more protein, Americans are not generally protein-deficient.
As ICE Arrests Increased, a Higher Portion Had No U.S. Criminal Record
While the Trump administration insists that it is targeting the “worst of the worst” in its immigration enforcement, it has not provided information to substantiate that, and the data that is available suggests the claim has become less accurate over time.
Video Analyses at Odds with DHS Statements on Minneapolis Shooting
The Department of Homeland Security hasn’t provided evidence for some statements administration officials made within hours of the Jan. 24 fatal shooting of Alex Pretti by federal immigration officers in Minneapolis, and some of those statements appear to be contradicted by bystander video shared publicly so far.
Trump’s Claims About Greenland
Prior to announcing on Jan. 21 that he has reached a “framework of a future deal” on Greenland with the secretary general of NATO, President Donald Trump had insisted that the United States needed to acquire Greenland for national security reasons. In this story, we’ll present what the president has said and the facts.
Trump’s Tariffs Don’t Come Close to Funding Everything He’s Proposed
President Donald Trump has said over the last year that money brought in from his increased tariffs would pay for at least half a dozen initiatives — from reducing the national debt to providing dividend checks to “moderate income patriots” — but the revenue raised so far can’t deliver all of them.