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Kamala Harris says corruption costs as much as 5% of the world's GDP


PolitiFact s ruling: False
Here s why: For more than a decade, an interesting statistic about the cost of corruption has been showing up in statements and reports from organizations like the United Nations and the World Economic Forum.
Most recently, it came out of the mouth of Vice President Kamala Harris.
Around the world, we know that corruption inhibits shared prosperity, Harris said May 4, at a conference on the Americas. In fact, the global cost of corruption is as much as 5% of the world s GDP.
How accurate is that number? While it’s an often-cited statistic, no one could tell us where the estimate ultimately comes from, or what data or research was used to come up with it. ....

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Evaluating President Joe Biden's First 100 Days in Office


Louis Jacobson |
PolitiFact Kaiser Health News
Apr 28, 2021
Apr 28, 2021
WASHINGTON — In the first 100 days, new presidents try to turn campaign promises into quick legislative victories, defuse lingering crises, set themselves apart from their predecessor and set a leadership tone for the next four years — all while avoiding blunders that could destroy their momentum.
This story ran in partnership with PolitiFact. It can be republished for free.
So how is President Joe Biden doing as he approaches this mark?
Not bad, experts say, given the scale of the crisis he s tackling and the political opposition he faces in Congress.
I think there are three accomplishments that stand out so far: the ramped-up coronavirus vaccine distribution, the passage of the American Rescue Plan and the return to the Paris Climate Agreement, said John Frendreis, a political scientist at Loyola University in Chicago. ....

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