evidence: President Biden misled the American people about the pain his failed economic policies have inflicted. Under the Biden Administration, our country is at the highest level of indebtedness in history, inflation has soared nearly 20 percent, and the American dream has grown increasingly out of reach for millions of people. [...] FACT: The reality is that under President Biden, the cost to service our debt has skyrocketed. Interest spending has increased by $540 billion or 153 percent in the three years since President Biden took office. Our country now spends more to service the debt than we do on our national defense. [...] No amount of spin can change the fact that President Biden’s tenure has been Four Years of Fiscal Failure. President Biden’s failed economic policies and Democrats’ reckless spending have caused prices to increase, resulting in massive harm to the American people.