News-News.Zip

News in English (USA) / 07.10.2024 / 23:00

Analysis Reveals Trump's Economic Plan Would Significantly Increase U.S. National Debt Compared to Harris's

Recent studies indicate that both Donald Trump and Kamala Harris's economic proposals are likely to boost the national debt, but Trump's plans could add an astounding $4 trillion more than those of Harris. Trump's economic strategy is projected to increase the federal debt by $7.5 trillion, nearly doubling Harris's proposals. Several analyses highlight that while Harris's fiscal plans would also contribute to rising debt levels, Trump's policies would result in a more substantial increase, potentially exacerbating the federal deficit. The need for fiscal discipline is emphasized as both candidates aim to elevate spending, raising questions about the sustainability of their plans.
BBC.com, USA TODAY, The Wall Street Journal, South China Morning Post, Committee for a Responsible Federal Budget, CNN, The Hill, Reuters.com, Financial Times, WHYY