Trump's Economic Plan Runs Afoul Of Deficit Hawks By Ballooning The Debt
The national debt would balloon under a Donald Trump presidency according to the newest report from the Committee for a Responsible Federal Budget, released Thursday.
The organization of deficit hawks projected that Trump's plans would increase the deficit by $5.3 trillion over a decade, which is 26 times more than Clinton's projected increase of $200 billion, or $.20 trillion. The committee's paper projects national debt levels using policy proposals released by the Clinton and Trump camps.
The Committee for a Responsible Federal Budget is a nonpartisan and non-profit organization that sometimes receives criticism for its narrow debt-reduction vantage point. "As in our June report, we continue to estimate that Clinton would add modestly to the debt relative to current law, while Trump would add significantly to the debt," said the report. "As it currently stands, Donald Trumps proposals would still substantially worsen the debt."
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