Read NPR’s annotated fact check of President Trump’s State of the Union : NPR

President Trump gestures as he addresses a joint session of Congress at the U.S. Capitol on March 4, 2025.

Mandel Ngan/Pool/Getty Images

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President Trump is set to deliver the first official State of the Union address of his second term on Tuesday night. The speech, which is set to start at 9 p.m. ET, gives Trump the opportunity to tout accomplishments and outline his agenda for his administration’s second year.

It comes at at time when Americans are divided on whether Trump’s first year has been a success. A new NPR/PBS News/Marist poll shows that six in 10 believe the country is worse off than last year and that a majority think the state of the union is not strong.

Reporters from across NPR’s newsroom will fact check his speech and offer context — on topics like immigration, the economy, tariffs and trade and foreign policy.

Follow along here as the speech — which he teased is likely to be long — unfolds tonight.

A “turnaround for the ages”

TRUMP: “When I last spoke at this chamber 12 months ago, I had just inherited a nation in crisis with a stagnant economy, inflation at record levels…”

The U.S. economy was in solid shape before President Trump returned to the White House for his second term. In fact, in October 2024, The Economist had labeled the U.S. economy “the envy of the world,” because it had bounced back from the pandemic recession in stronger shape than most of its peers. To be sure, many Americans were frustrated with the high cost of living, and that dissatisfaction contributed to Trump’s victory the following month. However, costs have continued to climb over the last year, and that dissatisfaction is now weighing on Trump’s own approval rating. Nearly six-in-ten Americans say the country is worse off now than it was a year ago, according to the latest NPR/PBS News/Marist poll.

— Scott Horsley, Chief Economics Correspondent

 Inflated claims about inflation

TRUMP: “The Biden administration and its allies in Congress gave us the worst inflation in the history of our country, but in 12 months, my administration has driven core inflation down to the lowest level in more than five years, and in the last three months of 2025 it was down to 1.7%.”

Inflation has cooled in recent months. But the cost of living is still climbing faster than most people would like. A few items have gotten cheaper in the last year, such as gasoline and eggs. But housing, groceries, electricity and natural gas have all gotten more expensive.

Inflation reached a four-decade high of 9.1% in 2022, after Russia’s invasion of Ukraine sent prices soaring around the world. By the time President Joe Biden left office, inflation had fallen to 3%. It dropped as low as 2.3% last April, before rebounding to 3% in September.

Trump’s tariffs have raised the price of some imported goods, but the effects on the overall cost of living have been limited. Annual inflation dipped to 2.4% in January. (A separate measure of inflation, which is closely watched by the Federal Reserve, shows that prices are still climbing at roughly the same rate that they were a year ago.)

— Scott Horsley, chief economics correspondent

Stock market 

TRUMP: “The stock market has set 53 all-time record highs since the election. Think of that – one year – boosting pensions, 401(k)s and retirement accounts for the millions and millions of Americans, they’re all gaining. Everybody’s up, way up.”

The stock market has enjoyed big gains over the last year, with the Dow Jones Industrial Average topping 50,000 for the first time earlier this month. In 2025, the S&P 500 index jumped 18%, after a 24% gain in 2024. The stock market rally has given a boost to many people’s retirement savings. It’s important to remember, however, that stock ownership is very concentrated. The richest 10% of families own 87% of all stock market wealth, while half of all Americans own little or no stock.

— Scott Horsley, Chief Economics Correspondent

Do we have the strongest and most secure border so far?

TRUMP: “After four years in which millions and millions of illegal aliens poured across our borders totally unvetted and unchecked, we now have the strongest and most secure border in American history, by far.”

This is partly true.

It is not true that there have been zero crossings; for example, there were 237,538 in 2025, according to data from U.S. Customs and Border Protection. But Border Patrol encounters with migrants crossing into the United States from Mexico have fallen to their lowest level in more than 50 years, according to a Pew Research Center analysis of statistics from the federal government.

While it is true that there were a historic number of crossings during the Biden administration, it is untrue that the border was wide open for people to cross unvetted: in the final year of his administration, President Biden significantly tightened controls.

— Jasmine Garsd, Immigration Correspondent