WASHINGTON (AP) — No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris’ and Donald Trump’s economic plans. The analysis released Monday by the nonpartisan Committee for a Responsible Federal Budget suggests a Harris presidency could increase the national debt over 10 years by $3.5 trillion. That’s even though the vice president’s campaign insists her proposed investments in the middle class and housing would be offset by higher taxes on corporations and the wealthy. The same analysis says former President Trump’s ideas could heap another $7.5 trillion onto the debt and possibly as much as $15.2 trillion.
Analysis Projects Deficits Under Economic Plans
October 7, 2024 8:52 am