Harris’ plan would boost the debt by $3.5 trillion over the next decade, while Trump’s platform would cause it to spike by $7.5 trillion, according to the Committee for a Responsible Federal Budget’s report, released Monday.
It found that Harris’ measures could have no significant impact on the debt or could increase it by $8.1 trillion.
And Trump’s proposals could balloon the debt by between $1.5 trillion and $15.2 trillion.
These proposals would cost $2.3 trillion in total.
But the committee estimates these tariffs would bring in between $2 trillion and $4.3 trillion over a decade — not enough to cover Trump’s agenda.
Persons:
CNN —, Kamala Harris, Donald Trump, Harris ’, Harris, ’, Trump, Jerome Powell, “ We’re, ” Marc Goldwein, Brian Hughes, Trump’s, ”, That’s, Joe Biden’s, Katie Lobosco, Matt Egan
Organizations:
CNN, Republicans, Democrats, Trump, Social Security, Peterson Institute for International Economics, Center, of Education
Locations:
American