In a nearly two-hour speech at the first Republican midterm convention, President Donald Trump promised to pay Americans if Republicans won, and he repeatedly said communists could take over Congress if they didn’t, among other familiar claims.
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.
In early August, President Donald Trump claimed that a trade deal he negotiated with the European Union in July came with hundreds of billions of dollars that the U.S. can use for “anything we want.” But that’s not how the terms were described in a joint statement with the EU on Aug. 21.
President Trump has repeatedly touted the value of announced financial investments in the U.S. and taken credit for attracting them. He started out citing $3 trillion in investments and, four months later, was claiming totals of more than $10 trillion. It’s unclear where, exactly, he’s getting these totals. But they appear to be an exaggeration of pledges to invest made by various companies and countries.