Study: US Debt Would Increase $7.5T Under Trump, $3.5T Under Harris
Study: US Debt Would Increase $7.5T Under Trump, $3.5T Under Harris
The Facts
The Committee for a Responsible Federal Budget (CRFB) released a study on Monday predicting that both former Pres. Donald Trump and Vice Pres. Kamala Harris's policy proposals would increase US national debt.The Committee for a Responsible Federal Budget released a study on Monday predicting that both former Pres. Donald Trump and Vice Pres. Kamala Harris's policy proposals would increase US national debt.
If fully implemented, the CRFB estimates Trump's campaign pledges would raise the national debt by $7.5T whilst Harris's would add $3.5T over a ten-year period. Currently, federal debt sits at over $35T.If fully implemented, the Committee estimates Trump's campaign pledges would raise the national debt by $7.5T while Harris' would add $3.5T over a ten-year period. Currently, federal debt sits at over $35T.
The Spin
Multiple analyses have reached the same opinion that Harris's policy proposals will do a better job atof handling America's debt than Donald Trump's. WhilstWhile there's a chance that a Harris administration would prevent national debt from growing whatsoeverat all, Trump risks running up a $15T bill if his pro-tariff anti-tax agenda doesn't go to plan.
Harris's policiespolicy pledges are nothing but vacuous capitalist buzzwords intended to hide her debt-inducing Marxist agenda. DemocratDemocratic plans to raid the wallets of thehard-working wealthyAmericans will barely put a dent in the national deficit, whilstwhile calls for taxing unrealized capital gains and everyday price controls are economically insaneunviable. Harris cannot be trusted to controlmanage the American economy.
Policy deficit estimates are extremely inaccurate, lacking any credible certainty over the future. These predictions should not be treated seriously, with the CRFBCommittee's massive range of potential estimates laughablyunwieldy broad and practically useless.
