Trump would add twice as much to national debt as Harris, study finds
Quote:
Trump has called for extending his 2017 tax cuts, which would add more than $5 trillion over 10 years to the United States’ $35.7 trillion national debt, according to a study from the nonpartisan Committee for a Responsible Federal Budget (CRFB). His plan to end taxes on overtime wages, Social Security benefits and tips would add another $3.6 trillion in debt. And his call for a nationwide campaign to detain and deport undocumented immigrants would cost $350 billion.
Trump says major new tariffs on imports would bring in enough revenue to offset all the tax cuts, but the study doesn’t support that claim, and many economists say the tariffs would also drive prices up for U.S. consumers.
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Do any MAGAts understand the implication? Doubt it. Also any tariff is paid for by the consumer (end user0 and what other mechanism is there or who else is going to pay for it?
As usual, Republicans wreck the economy while the Democrats rebuild it.
https://www.washingtonpost.com/busin...national-debt/