Trump’s Plans Could Increase U.S. Debt While Raising Costs for Most Americans
Posted inCommittee for a Responsible Federal Budget Federal Budget (US) Harris, Kamala D Income Tax Institute on Taxation and Economic Policy Tax Credits, Deductions and Exemptions Taxation Trump, Donald J United States Economy United States Politics and Government

Trump’s Plans Could Increase U.S. Debt While Raising Costs for Most Americans

A new analysis finds that Vice President Kamala Harris and former President Donald J. Trump’s plans would both add to the deficit, but Mr. Trump’s proposals could create a fiscal hole twice as big.
Trump’s Plans Could Increase U.S. Debt While Raising Costs for Most Americans
Posted inCommittee for a Responsible Federal Budget Federal Budget (US) Harris, Kamala D Income Tax Institute on Taxation and Economic Policy Tax Credits, Deductions and Exemptions Taxation Trump, Donald J United States Economy United States Politics and Government

Trump’s Plans Could Increase U.S. Debt While Raising Costs for Most Americans

A new analysis estimates that the former president’s proposals could grow deficits by as much as $15 trillion over a decade.
The Debt Ceiling Debate Is About More Than Debt
Posted inBiden, Joseph R Jr Committee for a Responsible Federal Budget Congressional Budget Office Democratic Party Federal Budget (US) Global Warming Inflation Reduction Act of 2022 Law and Legislation McCarthy, Kevin (1965- ) National Debt (US) Oil (Petroleum) and Gasoline Republican Party United States Economy United States Politics and Government

The Debt Ceiling Debate Is About More Than Debt

Republicans’ opening bid to avert economic catastrophe by raising the nation’s borrowing limit focuses more on energy policy than reducing debt.