Trump, Harris Plans Could Boost National Debt

A recent analysis by the Committee for a Responsible Federal Budget reveals that both Vice President Kamala Harris and former President Donald Trump's economic plans would significantly increase the national debt over the next decade. Trump's proposals could add between $7.5 trillion and $15 trillion, while Harris's plans are projected to increase the debt by $3.5 trillion to $8.1 trillion. The analysis notes that neither candidate has presented a strategy to address the rising debt burden, despite economic affordability being a key issue for voters. Trump’s tax and tariff policies may disproportionately benefit wealthier Americans, potentially leading to higher costs for lower-income households. Harris's campaign argues that her investments would be offset by higher taxes on corporations and the wealthy, yet the analysis casts doubt on that assertion. As the national debt exceeds $35 trillion, the implications of these proposals raise concerns about long-term fiscal sustainability.