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Inflation

One-dollar, 25-cent, 10-cent and one-cent coins pile up on a U.S. flag.

Has the Treasury declared the US 'insolvent'? We set the record straight

Written by: Jack Izzo Anna Rascouët-Paz

April 1, 2026

Treasury reports said the country's fiscal trajectory is unsustainable, but the agency did not d ...

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A marble building with a facade reading "The Treasury Department." A falling, red stock line is overlayed on top.

Did Treasury declare US 'insolvent'? Here's the bottom line

Written by: Jack Izzo Anna Rascouët-Paz

March 27, 2026

Treasury reports have warned the country's fiscal trajectory is unsustainable — but they have no ...

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Illustrative image of Donald Trump in the foreground, with a basket of bread in front, left, and below him, whereas a turkey dish is behind, right, and above him. A red trend line runs behind all of these. The background is a Walmart storefront

Is Thanksgiving dinner 25% cheaper in 2025, as Trump claimed? Here's what the data shows

Written by: Emery Winter

Nov. 24, 2025

The 2025 Walmart Thanksgiving meal basket is cheaper than the previous year's basket — but it al ...

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US grocery prices hit record high for family of four in 2025

Written by: Jordan Liles

Nov. 21, 2025

Some online users discussed blame for the rising prices by mentioning U.S. President Donald Trum ...

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Did Treasury Secretary Scott Bessent say migrants bringing diseased cows are behind high beef prices?

Written by: Anna Rascouët-Paz

Nov. 18, 2025

Bessent was talking to Maria Bartiromo on her Fox Business show "Sunday Morning Futures."

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Did Trump say Kamala Harris would cause 'bread lines'?

Written by: Joey Esposito

Nov. 11, 2025

The purported quote circulated online amid a government shutdown that impacted food benefits for ...

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Bank of America said 'overwhelming evidence' showed Trump's tariffs fueled US inflation

Written by: Anna Rascouët-Paz

Nov. 6, 2025

Economists at the bank said consumers in the U.S. paid 50% to 70% of the cost of U.S. President ...

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Yes, the US Senate voted to overturn Trump's tariffs on Canada

Written by: Anna Rascouët-Paz

Oct. 31, 2025

Republican senators joined the Democrats' effort to end President Donald Trump's tariffs on Cana ...

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A white man in a blue suit shakes the hand of another white man wearing a blue suit. People stand around them.

No, Biden didn't preside over the worst inflation in US history

Written by: Anna Rascouët-Paz

March 6, 2025

"We inherited from the last administration an economic catastrophe and an inflation nightmare," ...

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A close up of Donald Trump, a white man with an orange-toned tan, in a suit smiling. A white outline graphic of some groceries in the bottom right hand corner of the image.

Yes, Trump Said It Will Be 'Very Hard' To Bring Down Cost of Groceries

Written by: Rae Deng

Dec. 13, 2024

The comment came from the president-elect’s TIME Magazine Person of the Year interview.

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Did California's Minimum-Wage Increase Make Bread More Expensive?

Written by: Joey Esposito

Nov. 22, 2024

A social media account sharing the claim said, "This is what happens when you decide to 'redistr ...

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Did Walmart and Aldi Announce Return to 'Trump-Era Prices' for Thanksgiving 2024?

Written by: Joey Esposito

Oct. 25, 2024

The food retail giants announced "pre-inflation" discounts on Thanksgiving meal items; Trump's n ...

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Bread Costs $11 in California Because of Minimum-Wage Increase?

Written by: Joey Esposito

Sept. 27, 2024

A social media user said, "That's how it works, the higher the wages, the higher the prices!"

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Trump's Proposed Tariffs: What Are They, and How Would They Affect US Economy?

Written by: Anna Rascouët-Paz

Sept. 19, 2024

During the Sept. 10 debate, U.S. Vice President Kamala Harris lambasted the former president's p ...

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A white man wearing a black suit looks towards the camera. His face is partly shrouded by shadows.

US Inflation Hit Highest Level in History Under Biden?

Written by: Anna Rascouët-Paz

Sept. 11, 2024

"People can't go out and buy cereal or bacon or eggs or anything else," former U.S. President Do ...

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A video clip shared on X showing US Vice President Kamala Harris answering a question about fixing inflation omitted the main part of her answer.

Video Omits Main Part of Harris' 2021 Answer About Fixing Inflation

Written by: Jordan Liles

Aug. 5, 2024

A video clip shared on X ended abruptly after showing U.S. Vice President Kamala Harris beginnin ...

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An image promoted by the conservative organization Media Research Center claimed the mid-2024 cost of a McDonald's McChicken sandwich was nearly five dollars.

McDonald's McChicken Sandwiches Cost $4.89 in June 2024?

Written by: Jordan Liles

June 14, 2024

The conservative organization Media Research Center (MRC) published an image on Facebook claimin ...

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Big Mac Lost 40% of Its Size but Went from $0.50 to $8 Since 1980?

Written by: Aleksandra Wrona

May 27, 2024

"At what point does it become false advertising to call it 'Big'?" one X user asked.

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Two double cheeseburgers are shown next to each other. The one on the left is much larger than the one on the right.

Big Mac Went from $0.50 to $8 Yet Lost 40% of Its Size Since 1980?

Written by: Aleksandra Wrona

May 15, 2024

Social media users claimed the well-known burger fell victim to shrinkflation.

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A white man wearing a blue suit points his index finger as he speaks.

Was Inflation Really 9% When Biden Became President?

Written by: Anna Rascouët-Paz

May 10, 2024

Economic conditions in January 2021 have been a major talking point for Biden.

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