Fact-check · Sep 28, 2026 · Donald Trump
“With Biden from the last it was a 500,000,000,000 for four years”
FALSE
What the record shows
Infrastructure Investment and Jobs Act authorized $550 billion in new spending (signed Nov 2021); broader Investing in America agenda announced $695 billion in funding as of Nov 2024.
Sources
- The Biden Administration has spurred $1 trillion in clean energy investments
- ICYMI: WaPo's Rubin: "Biden's $1 trillion investment is a model for economic growth" | The American Presidency Project
- FACT SHEET: Biden-Harris Administration Transforms Nation's Infrastructure, Celebrates Historic Progress in Rebuilding America for the Three-Year Anniversary of the Bipartisan Infrastructure Law | The American Presidency Project
- The Biden Administration Has Approved $4.8 Trillion of New Borrowing | Committee for a Responsible Federal Budget
- FACT SHEET: Biden-Harris Administration Highlights Nearly $200 Billion of Private Sector Investments from the Asia-Pacific into the United States Since Taking Office | The American Presidency Project
- Economic policy of the Biden administration
From: President Trump Makes an Announcement, Sep. 28, 2026
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