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 fully offset by higher taxes on corporations and the wealthy. Her campaign policy guide states that Harris is “committed to fiscal responsibility — making investments that will support our economy, while paying for them and reducing the deficit at the same time.”
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. That’s even though he suggests growth would be so strong under his watch that no one would need to worry about deficits.
Neither nominee is a fiscal conservative but your hit piece is just idle speculation.
No one knows which party will win the House and Senate.
If the House remains GOP and the Senate Democrat, there might be constant budget battles that could help to reduce spending.
If Democrats win Senate, House, and White House, expect record spending. Since JFK, every government budget has increased spending.
Thomas Sowell: There are no solutions, just trade-offs.
I see, so when you tell us about the explosion of the deficit caused by Harris (somehow that happens - I dunno how you figure that), it's definitive. But when an non-partisan economic organization provides an analysis of economic plans provided by each candidate, it's "speculation" because we don't know what will happen. Riiiiight.
You're doing a great job repeating the MAGA talking points.
If you dehumanize other people, what does that make you?
Trump suggests undocumented immigrants who commit murder have ‘bad genes’
Former President Donald Trump on Monday suggested undocumented immigrants who commit murder have “bad genes,” in the latest example of the former president using dehumanizing rhetoric as he tries to stoke fears about those in the country illegally.
In a radio interview on “The Hugh Hewitt Show,” Trump again distorted statistics on immigration and crime to attack Vice President Kamala Harris as he falsely claimed she was “allowing people to come through an open border, 13,000 of which were murderers.”
“You know, now, a murderer, I believe this – it’s in their genes. And we got bad, a lot of bad genes in our country right now,” Trump said.
koobookie wrote: I see, so when you tell us about the explosion of the deficit caused by Harris (somehow that happens - I dunno how you figure that), it's definitive. But when an non-partisan economic organization provides an analysis of economic plans provided by each candidate, it's "speculation" because we don't know what will happen. Riiiiight.
You're doing a great job repeating the MAGA talking points.
Biden/Harris have exploded the deficit. Adding one trillion dollars every one hundred days. Those are actual facts. They have given hundreds of billions dollars to a war in Eastern Europe and now are giving billions to not only the Israelis but also their enemies. The Biden/Harris administration is making no sense here. And these are actual facts, not speculation like your report.
Thomas Sowell: There are no solutions, just trade-offs.
Trump ran up national debt twice as much as Biden: new analysis
Former President Trump ran up the national debt by about twice as much as President Biden, according to a new analysis of their fiscal track records.
Why it matters: The winner of November's election faces a gloomy fiscal outlook, with rapidly rising debt levels at a time when interest rates are already high and demographic pressure on retirement programs is rising.
Both candidates bear a share of the responsibility, as each added trillions to that tally while in office.
But Trump's contribution was significantly higher, according to the fiscal watchdogs at the Committee for a Responsible Federal Budget, thanks to both tax cuts and spending deals struck in his four years in the White House.
By the numbers: Trump added $8.4 trillion in borrowing over a ten-year window, CRFB finds in a report out this morning.
Biden's figure clocks in at $4.3 trillion with seven months remaining in his term.
If you exclude COVID relief spending from the tally, the numbers are $4.8 trillion for Trump and $2.2 trillion for Biden.
Presidents don't run up the debt on their own. You also get to blame the Senate and House.
Covid-19 was a one hundred year Black Swan type event and because of state shutdowns record amounts were spent to prop up American businesses and households.
So blaming it only on President Trump would be lying.
Thomas Sowell: There are no solutions, just trade-offs.
