President Donald Trump held a Cabinet meeting with reporters present Tuesday that touched on issues including tariffs, inflation and his “big, beautiful bill” — and he “uttered a whole bunch of false claims in the process,” observed CNN fact-checker Daniel Dale.
“As he has repeatedly, Trump falsely claimed Tuesday, ‘We have no inflation,’” Dale wrote in an article for the outlet published later that day. “The US does have inflation — an annual inflation rate of 2.4% in May, an uptick from a 2.3% annual rate in April.”
The reporter noted that while this latter rate was indeed the lowest it has been since early 2021, which surprised economists who predicted Trump’s steep international tariffs would affect U.S. inflation more severely, certainly “it’s not ‘no inflation’ whatsoever.”
Trump has also frequently touted that his so-called Big Beautiful Bill, a massive tax and spending package he signed into law last week, would wholly eliminate taxes on Social Security benefits. The president reiterated the false claim during his meeting Tuesday.
Dale noted that “the White House itself” has already acknowledged to CNN that millions of Social Security recipients above the age of 65 will continue to pay taxes on their benefits — and that, while they’ll receive an annual $6,000 tax deduction, it expires in 2028.
Trump further suggested the letters he recently sent to foreign leaders about new tariff rates are equivalent to “a deal,” which Dale noted is “just not true,” and the...
Read Full Story:
https://news.google.com/rss/articles/CBMic0FVX3lxTE1zdmY1ajNfTlpndzhES3VIdUUz...