Source: RealClearPolitics
by Debra Saunders
“It’s been a little over a week since the Committee for a Responsible Federal Budget sent a letter to Kamala Harris and Donald Trump suggesting they get serious about ‘skyrocketing’ national debt, which now exceeds $35 trillion. … CRFB crunched the numbers from the Harris and Trump campaign troves and reported that Harris scored better than Trump. The fiscal watchdog group factored three outcomes — low impact, high impact and in between — of each candidate’s proposals and figured the impact on the national debt for Plan Kamala could be as low as zero or as high as $8.1 trillion over 10 years starting in 2026. For Trump, the range could be as low as $1.45 trillion or as high as $15.15 trillion over the same period. That would be on top of the $1.8 trillion or so in debt that we already accumulate each year.” (10/15/24)