Biden inflates a number in an inflation op-ed In an opinion article in the Wall Street Journal touting his plan to combat inflation, President Biden wrote: "A dozen CEOs of America's largest utility companies told me earlier this year that my plan would reduce the average family's annual utility bills by $500 and accelerate our transition from energy produced by autocrats." This line caught our attention. After all, the typical U.S. family spends $2,060 on average per year for home utility bills, according to the most recent estimate published by EnergyStar.gov. So Biden is promising big savings. But it turned out the White House had been engaging in some inflation of its own. Biden did not hear this number from utility officials at all. Instead he borrowed it from a report issued last October — and the $500 was an estimate for 2030, when he would no longer be president, even if he served a second term. On top of that, the estimate had little to do with household utility-bills. Most of the claimed savings by 2030 comes from the reduced cost of driving as people transition to electric cars. Biden earned Four Pinocchios. 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. On Special Assignment We've been working hard on a big project — stayed tuned — and so can only offer one fact check this week. To make up for that, we are providing a larger selection of cat gifs below. From our email basket, we know many readers love them but some readers really dislike them. So apologies in advance if you fall in the later category. 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 for this week's Pinocchio roundup. | 
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