Statement·other·said 2021-07-26
“Biden's insane tax-and-spending spree caused six straight months of raging inflation.”
Proof of utterancewhere they said it
No source recorded.
Verdict
Mixedby PolitiFact
2021-07-29Reasoning
Roughly two-thirds of pandemic relief spending occurred under Trump before Biden took office, no Biden tax hikes had been enacted, and economists note one-to-two-year lags between spending and inflation.
Proof of outcomewhat backs the verdict