The official White House X account was hit with a Community Note after boasting that tariff revenues had “smashed records” and “slashed the U.S. deficit by over 25%.”

The post, quoting Trump’s remarks at the America Business Forum, also claimed government spending had fallen for the first time in years and that “100% of new jobs” under his administration were in the private sector.

Will Smith Scrubbed From Miami Event After Trump’s Addition Read More

Will Smith Scrubbed From Miami Event After Trump’s Addition Read More

Readers quickly added context correcting the math. According to the Treasury Department, the federal deficit for fiscal year 2025 was $1.78 trillion, down just 2% from the previous year, not 25%.

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