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Photo: Mark Wilson/Getty Images.

Fact-checking website PolitiFact announced on Monday that President Trump's claim that the Ukraine whistleblower complaint was "almost completely wrong" is being recognized as its annual "Lie of the Year."

The big picture: In August, a whistleblower reported that Trump asked Ukrainian President Volodymyr Zelensky to investigate Joe Biden and his son in a July phone call. Trump immediately dismissed the whistleblower's description of the call. A summary of the call and sworn testimony by witnesses verified the majority of the whistleblower's account of the conversation, as well as the broader pressure campaign being carried out by Rudy Giuliani and other officials.

  • Trump told Zelensky on the call: "There’s a lot of talk about Biden’s son, that Biden stopped the prosecution and a lot of people want to find out about that so whatever you can do with the Attorney General would be great." 
  • The whistleblower complaint, which alleged that Trump had abused his power to solicit foreign interference, has culminated in articles of impeachment against Trump. The House is expected to approve the articles this week.

What they're saying:

"No matter the motivations or the political outcome, testimony from the whistleblower would not change the underlying facts of what Trump said. The whistleblower’s account is verified by the same set of facts supplied by Vindman, Williams and Morrison, and others who were in the know. And one more source: Trump."
— PolitiFact

Of note: Trump has received PolitiFact's "Lie of the Year" recognition four out of the last five years.

Go deeper:

Go deeper

43 mins ago - World

Scoop: Blinken protests Israel settlements approval in "tense" phone call

Benny Gantz (L) and Tony Blinken. Photo: Jacquelyn Martin/Pool/AFP via Getty

Secretary of State Tony Blinken protested the decision to approve 3,000 new housing units in Israeli settlements in the occupied West Bank during a tense phone call on Tuesday with Israeli Defense Minister Benny Gantz, three Israeli officials tell me.

Why it matters: This is the first time new construction in the settlements has been approved since President Biden assumed office, and the Biden administration had been privately pressing the Israeli government not to proceed.

Senate Democrats unveil new income tax for billionaires

Sen. Ron Wyden. Photo: Drew Angerer/Getty Images

Senate Democrats on Wednesday released a billionaires' tax proposal, designed to help support President Biden's social spending and climate change legislation.

Why it matters: Sen. Ron Wyden (D-Ore.), chairman of the Senate Finance Committee, said the Billionaires Income Tax would raise "hundreds of billions of dollars" and would affect approximately 700 taxpayers who have more than $1 billion in assets or incomes of over $100 million a year.

The startup that wants to disrupt big internet providers

Illustration: Maura Losch/Axios

A new startup backed by funding from AOL founder Steve Case and Laurene Powell Jobs wants to break up broadband monopolies across the country.

Why it matters: Internet access has been crucial during the pandemic, but it's not ubiquitous, and it can be both slow and unaffordable in swaths of the country.