Fact-check · Aug 24, 2026 · Donald Trump
“The last administration had less than 1,000,000,000,000 in four years”
MISLEADINGSaid in 3 broadcasts
What the record shows
Biden administration catalyzed approximately $1 trillion in private-sector clean energy and manufacturing commitments over four years; Infrastructure Investment and Jobs Act authorized over $1 trillion total. Actual spending through mid-2024 was $493 billion in clean technology and infrastructure.
Sources
- The Biden-Harris Administration Has Catalyzed $1 Trillion in New U.S. Private Sector Clean Energy, Semiconductor, and Other Advanced Manufacturing Investment | The White House
- The Biden-Harris Administration Record | The White House
- The Biden Administration has spurred $1 trillion in clean energy investments
- The Biden-Harris Spending Binge | EPIC
- Biden’s fiscal legacy | Brookings
- The Biden Administration Has Approved $4.8 Trillion of New Borrowing | Committee for a Responsible Federal Budget
From: President Trump Participates in a Rose Garden Event, Aug. 24, 2026
Every time it was said
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