this post was submitted on 07 Oct 2024
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No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris’ and Donald Trump’s economic plans.

The analysis released Monday by the nonpartisan Committee for a Responsible Federal Budget suggests a Harris presidency could increase the national debt over 10 years by $3.5 trillion. That’s even though the vice president’s campaign insists her proposed investments in the middle class and housing would be fully offset by higher taxes on corporations and the wealthy. Her campaign policy guide states that Harris is “committed to fiscal responsibility — making investments that will support our economy, while paying for them and reducing the deficit at the same time.”

The same analysis says former President Trump’s ideas could heap another $7.5 trillion onto the debt and possibly as much as $15.2 trillion. That’s even though he suggests growth would be so strong under his watch that no one would need to worry about deficits.

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[–] reddig33@lemmy.world 30 points 1 month ago (1 children)

“Could” doing some heavy “bOtH SidES!” lifting in that headline.

[–] OhStopYellingAtMe@lemmy.world 10 points 1 month ago

Yeah that headline is all sorts of manipulative. Are they counting on people stopping reading at the first comma?