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A Project of The Annenberg Public Policy Center

The U.S. Treasury Didn’t Declare the Country ‘Insolvent’

The U.S. Treasury Didn’t Declare the Country ‘Insolvent’

Q: I read this on FB. Is it true? The U.S. Treasury just declared the U.S government is insolvent.

A: No. That’s the conclusion of an opinion piece that cited a Treasury report showing the government’s liabilities outweigh its assets. But that’s been the case for decades, and unlike an insolvent business, the government can levy taxes.

What President Trump Inherits, Part 2

What President Trump Inherits, Part 2

On Inauguration Day, we provide a look at various metrics on the state of the country at the start of President Donald Trump’s second term.

Video: Trump’s False Trade Claims

Video: Trump’s False Trade Claims

In this week’s fact-checking video, CNN’s Jake Tapper looks at two of President Donald Trump’s recent claims about trade.

Trump Muddles Economic Indicators

Trump Muddles Economic Indicators

In a news interview and a speech in Pennsylvania, President Donald Trump misleadingly suggested that rising stock value could reduce the national debt.