The Fiscal Impact of the Harris and Trump Campaign Plans | Committee for a Responsible Federal Budget

https://www.crfb.org/papers/fiscal-impact-harris-and-trump-campaign-plans?campaign_id=9&emc=edit_nn_20241008&instance_id=136314&nl=the-morning&regi_id=120718244&segment_id=179882&te=1&user_id=a6c3decd383c58e4a92fea52e4a8c7a6

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  1. coinfeeds-bot on

    tldr; The Committee for a Responsible Federal Budget analyzed the fiscal impact of the 2024 campaign plans of Vice President Kamala Harris and former President Donald Trump. Both plans are projected to increase the national debt significantly. Harris’s plan could add $3.50 trillion to the debt by 2035, while Trump’s could add $7.50 trillion. The analysis considers various policy proposals, including tax cuts, spending increases, and revenue-raising measures. The estimates reflect a range of uncertainties and potential fiscal impacts, with both plans likely exacerbating the national debt.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.