A new analysis by a non-partisan group reveals that Donald Trump’s campaign proposals would double the increase in US national debt compared to those of Kamala Harris, News.Az reports citing BBC .
Both candidates would add trillions to the national debt if their campaign pledges were enacted, according to the Committee for a Responsible Federal Budget. Trump would add $7.5tn and Harris would add $3.5tn, the group said.
The think tank warned on Monday that neither party appeared willing to address the country’s growing $35.6tn debt.
Both candidates have, at least partially, backed extending major tax cuts that the US passed during Trump’s first term. These cuts form the biggest chunk of this hypothetical additional debt.
Parts of that Trump tax plan are due to expire in 2025, setting up a tough tax fight for whoever wins the White House in November. Trump has vowed to extend the tax package in its entirety.
He…
