A fact-checked guide to Trump's talking points and falsehoods at midterm rallies

PolitiFact checked more than two dozen claims President Donald Trump repeats as he campaigns for Republicans in competitive midterm races, and found that many are exaggerated, unsupported or missing context, according to PBS NewsHour.

On the economy, Trump says $22 trillion in foreign investment is flowing in, but the White House's own website lists $11.2 trillion, a tally that includes aspirational multiyear goals and implausible pledges from some Middle Eastern countries. He says 401(k) accounts have gained about $46,000; Fidelity data shows an average gain of $9,454 from the end of 2024 through March 31, 2026, and stock gains since then would lift that only to about $11,300.

His claim that prices are falling runs against the data: overall prices are up about 4.7% since he returned to office and gasoline is up 41%, driven by the Iran war, though eggs and cars are cheaper. He calls his 2025 tax law the largest cut ever, but it ranks third since 1980, behind laws signed by Ronald Reagan and Barack Obama. Tariff revenue is largely being refunded to companies after the Supreme Court struck down some of the levies.

Summarized by PolitiKool from PBS NewsHour’s reporting. Read the full story at PBS NewsHour →