Editing Openai/691c6be4-2e00-8000-b9e8-a6c82fbaa458 (section)

==== What’s Mostly True / Supported by Evidence ====
# Inflation Reduction Act — Yes, that’s a real piece of legislation under Biden. Wikipedia<ref>{{cite web|title=Wikipedia|url=https://en.wikipedia.org/wiki/Inflation_Reduction_Act|publisher=en.wikipedia.org|access-date=2025-11-19}}</ref>
# CHIPS and Science Act — Also real; Biden signed major “CHIPS” legislation to support semiconductor manufacturing.
# American Rescue Plan — Yes, this is accurate. Biden signed a $1.9 trillion COVID-relief package.
# Infrastructure Law — Likely refers to the Infrastructure Investment and Jobs Act, which Biden signed. Wikipedia<ref>{{cite web|title=Wikipedia|url=https://en.wikipedia.org/wiki/Infrastructure_Investment_and_Jobs_Act|publisher=en.wikipedia.org|access-date=2025-11-19}}</ref>
# PACT Act for Vets — There is a PACT Act (Protecting our Care, etc.) related to veterans’ health.
# $35/month cap on insulin — Partially true: under the Inflation Reduction Act, Medicare enrollees’ insulin costs are capped at $35/month. PolitiFact<ref>{{cite web|title=PolitiFact|url=https://www.politifact.com/factchecks/2024/apr/02/joe-biden/biden-is-right-about-35-insulin-cap-but-exaggerate/|publisher=politifact.com|access-date=2025-11-19}}</ref> - However, some of the framing is misleading: Biden sometimes suggests $400/month was a typical cost before; fact-checkers say that overstates how much most Medicare users paid. PolitiFact<ref>{{cite web|title=PolitiFact|url=https://www.politifact.com/factchecks/2024/apr/02/joe-biden/biden-is-right-about-35-insulin-cap-but-exaggerate/|publisher=politifact.com|access-date=2025-11-19}}</ref> - The cap largely applies to Medicare — not necessarily to everyone. CNBC<ref>{{cite web|title=CNBC|url=https://www.cnbc.com/2023/02/09/biden-proposal-to-cap-all-insulin-prices-at-35-a-month-has-little-chance-of-passing-congress.html|publisher=cnbc.com|date=2023-02-09|access-date=2025-11-19}}</ref>
# Record small business / SBA applications (“10.5M new SBA apps”) — There’s evidence of very high business-application numbers: the SBA reports 10.5 million small business applications in the first two years of his administration. SBA<ref>{{cite web|title=SBA|url=https://www.sba.gov/article/2023/jan/18/sba-administrator-guzman-new-census-data-shows-record-pace-small-business-applications-has-continued|publisher=sba.gov|access-date=2025-11-19}}</ref> - Actually, more recent SBA data shows 16 million+ new business applications since Biden took office. SBA<ref>{{cite web|title=SBA|url=https://www.sba.gov/article/2024/01/11/new-business-applications-reach-record-16-million-under-biden-harris-administration|publisher=sba.gov|date=2024-01-11|access-date=2025-11-19}}</ref> - Even more recent: 18.1 million according to one report. SBA<ref>{{cite web|title=SBA|url=https://www.sba.gov/article/2024/06/12/biden-harris-small-business-boom-continues-historic-18-million-new-business-applications-filed|publisher=sba.gov|date=2024-06-12|access-date=2025-11-19}}</ref>
# More people with insurance than ever — This is plausible / largely true in the sense that expanded health programs (via the ACA, etc.) and other efforts under Biden increased access, though “more than ever” is a general claim and depends on how you measure (insured as % of population, etc.).
# Black unemployment lowest ever — There is some truth: PolitiFact notes that “the record low Black unemployment rate is 4.8%, set in April 2023 under Biden.” PolitiFact<ref>{{cite web|title=PolitiFact|url=https://api.politifact.com/factchecks/2024/oct/08/kamala-harris/kamala-harris-on-60-minutes-said-unemployment-is-a/|publisher=api.politifact.com|access-date=2025-11-19}}</ref> - But “lowest ever” is a strong phrase; prior months under Biden also hit that or similar levels, and “ever” depends on how far back you go. PolitiFact<ref>{{cite web|title=PolitiFact|url=https://www.politifact.com/factchecks/2024/jun/20/donald-trump/black-poverty-unemployment-set-record-lows-on-trum/|publisher=politifact.com|access-date=2025-11-19}}</ref>
# Deficit reduction (“Reduced deficit $1.9T”) — This is more complicated: - Biden has claimed to cut the federal deficit by over $1 trillion. PolitiFact<ref>{{cite web|title=PolitiFact|url=https://www.politifact.com/factchecks/2024/mar/08/joe-biden/joe-bidens-misleading-claim-about-cutting-the-defi/|publisher=politifact.com|access-date=2025-11-19}}</ref> - But fact-checkers (e.g., by CRFB) argue that much of the deficit drop comes from “COVID-relief-driven record high” deficits falling as pandemic-era spending expired, rather than new fiscal restraint. CRFB<ref>{{cite web|title=CRFB|url=https://www.crfb.org/blogs/fact-checking-2024-state-union|publisher=crfb.org|access-date=2025-11-19}}</ref> - So, “reduced deficit” is technically true in some years, but framing it as a major fiscal victory is misleading without context.