Trump's false claims about the Presidential Records Act President Trump often claims he has an all-purpose security blanket from prosecution for holding on to the documents that the government says belong to the American people — the Presidential Records Act (PRA). He suggests that the law gives him unique status to negotiate over which documents he can keep — and that he has acted no differently from any other occupant of the Oval Office. The PRA was passed in 1978 after a struggle between Congress and former president Richard M. Nixon over his effort to keep control over millions of documents and White House tapes that exposed the Watergate affair. Before Nixon, presidential records had been considered private property. But Trump is cherry-picking elements of the law and misinterpreting other parts. For instance, the law gives a president leeway to determine whether documents are presidential in nature before he leaves office — but not after he is no longer president. Trump earned Four Pinocchios. Has Biden cost families $7,400 in income? House Speaker Kevin McCarthy (R-Calif.) on Monday gave a major address concerning his battle with the White House over raising the debt limit. One claim he made was ripe for a fact check: "Since President Biden took office, families have lost the equivalent of $7,400 worth of income." We tracked the source of the number — an economist at the Heritage Foundation. But caveat emptor: Wage data can be tricky because there are so many different sources, with different favored concepts, and correspondingly different benefits and costs. Other economists pointed to another calculation as a more reliable guide to what has happened to incomes under Biden. Click to read our full report. Enjoy this newsletter? Forward it to someone else who'd like it! If this email was forwarded to you, sign up here. Did you hear something fact-checkable? Send it here; we'll check it out. We're always looking for fact-check suggestions. You can reach us via email, Twitter (@GlennKesslerWP and @AdriUsero) or Facebook. Read about our process and rating scale here, and sign up for the newsletter here. Scroll down to read other fact checks on the federal budget. | 
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