No matter which party is in power, the government cannot be trusted to label 'truth' or 'fiction' any more than Facebook or Twitter can.
Remember when then-President Trump claimed COVID would just 'go away' without a vaccine? https://www.cnn.com/2021/07/20/politics/white-house-section-230-facebook/index.html
The social network of the future: No ads, no corporate surveillance, ethical design, and decentralization! Own your data with Mastodon!