{"id":1053977,"date":"2025-07-08T16:37:00","date_gmt":"2025-07-08T20:37:00","guid":{"rendered":"https:\/\/democrats.org\/?p=1053977"},"modified":"2025-07-09T08:38:03","modified_gmt":"2025-07-09T12:38:03","slug":"trump-steals-credit-for-investments-made-under-biden-harris-administration-to-mask-his-failing-economic-policy","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/trump-steals-credit-for-investments-made-under-biden-harris-administration-to-mask-his-failing-economic-policy\/","title":{"rendered":"Trump Steals Credit For Investments Made Under Biden-Harris Administration to Mask His Failing Economic Policy\u00a0"},"content":{"rendered":"\n
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In response to <\/em>new reporting<\/em><\/a> highlighting how Trump is taking credit for $1.3 trillion in domestic investments and projects made during the Biden-Harris administration, <\/em>DNC Chair Ken Martin released the following statement: <\/em><\/strong><\/p>\n\n\n\n

\u201cDespite being in office for nearly seven months, Donald Trump has accomplished nothing for working families. Instead, he is hurting our economy, kicking Americans off of health care, and steering us toward economic crisis \u2014 and he\u2019s well aware. That\u2019s why he\u2019s hiding behind the economic accomplishments from the last administration to mask the fact that he inherited a booming economy and is running it into the ground.\u201d<\/p>\n\n\n\n

The Trump administration is touting a mere $2.6 trillion in investments \u2014 half of which originated before Donald Trump took office \u2014 far below Trump\u2019s claim that he had secured $14 trillion in U.S. investments. <\/strong><\/p>\n\n\n\n

Reuters<\/a>: \u201cAs of July 2, the website listed more than $2.6 trillion in U.S. investments, well short of the $14 trillion Trump boasts about.<\/strong><\/p>\n\n\n\n

\u201cBut a Reuters review found that just under half of the claimed spending on the website – totaling more than $1.3 trillion – originated under former President Joe Biden or represented routine spending repackaged to promote domestic investments.<\/strong><\/p>\n\n\n\n

\u201cAt least eight of the projects touted by the White House had sought or secured critical local incentive packages before Trump took office while at least a half dozen other projects had already been announced by local officials or the companies themselves.<\/strong> \u2026<\/p>\n\n\n\n

\u201cTwo of the Trump Effect projects were aided by Biden’s legislative efforts<\/strong> to boost domestic manufacturing, the review found. \u2026<\/p>\n\n\n\n

\u201cMany of the projects on the list relied heavily on state and local incentive packages – such as grants or tax breaks – that were approved prior to Trump taking office in January.<\/strong> \u2026<\/p>\n\n\n\n

\u201cIn some cases, the investment touted by the White House and the companies represented the normal cost of business.\u201d<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

In response to new reporting highlighting how Trump is taking credit for $1.3 trillion in domestic investments and projects made during the Biden-Harris administration, DNC Chair Ken Martin released the following statement:  \u201cDespite being in office for nearly seven months, Donald Trump has accomplished nothing for working families. Instead, he is hurting our economy, kicking […]<\/p>\n","protected":false},"author":292,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1053977","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nTrump Steals Credit For Investments Made Under Biden-Harris Administration to Mask His Failing Economic Policy\u00a0 - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/trump-steals-credit-for-investments-made-under-biden-harris-administration-to-mask-his-failing-economic-policy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-08T20:37:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-09T12:38:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1101\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Adrianna Tomasello\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adrianna Tomasello\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/trump-steals-credit-for-investments-made-under-biden-harris-administration-to-mask-his-failing-economic-policy\/\",\"url\":\"https:\/\/democrats.org\/news\/trump-steals-credit-for-investments-made-under-biden-harris-administration-to-mask-his-failing-economic-policy\/\",\"name\":\"Trump Steals Credit For Investments Made Under Biden-Harris Administration to Mask His Failing Economic Policy\u00a0 - 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