New analysis suggests national debt could increase under Harris, …
Oct 7, 2024 · 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 …
FAQs about New analysis suggests national debt could increase under Harris, … Coupon?
How much debt will a Harris presidency increase over 10 years?
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, while former President Trump's ideas could heap another $7.5 trillion onto the debt and possibly as much as $15.2 trillion. ...
How much money will Harris' policy ideas add to the national debt?
The Committee for a Responsible Federal Budget analysis estimates that Harris’ policy ideas could add $3.5 trillion to the national debt through 2035. That conclusion depends on its treatment of how much various programs could cost. ...
Would Harris reduce the deficit if he became president?
The Harris campaign said it sharply disagreed with the analysis of Harris’ policies by the Committee for a Responsible Federal Budget, saying she would reduce the deficit if she became president. ...
How much debt would Harris add to a deficit?
It’s possible that Harris’ agenda would add nothing to baseline deficits, but the report also said it might plausibly add as much as $8.1 trillion in debt in what appears to be a worse-case scenario. By contrast, Trump’s ideas would likely add another $7.5 trillion to the debt. ...
Could Trump's tariffs increase the national debt?
But the analysis includes other possibilities that show far higher deficits under Mr Trump. If his tariffs raised less money and there were higher costs for his mass deportations and tax breaks, the national debt could jump by 15.2 trillion dollars. ...
How much debt does the public have?
Total federal debt held by the public now tops $28 trillion and is expected to keep climbing as revenues can’t keep up with the growing costs of Social Security, Medicare and other programs. ...
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