WHYY on Nostr: Trump's plan would add $4 trillion more to U.S. debt compared to Harris', analysis ...
Trump's plan would add $4 trillion more to U.S. debt compared to Harris', analysis says
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Trump's economic plan estimated to add $7.5 trillion to U.S. debt over the next decade; Harris' plan estimated to add $3.5 trillion; Trump’s plan adds $4 trillion more than Harris'; Committee for a Responsible Federal Budget warns of potential fiscal crisis; Both candidates propose extending parts of the Tax Cuts and Jobs Act, costing $5.4 trillion for Trump and $3 trillion for Harris; Trump proposes eliminating taxes on tips, costing $300 billion, and on overtime pay, costing $2 trillion; Harris plans to expand the Child Tax Credit, costing $1.4 trillion; Trump’s immigration plan estimated to cost $350 billion; Harris plans to expand Affordable Care Act subsidies, costing $550 billion; Revenue generation differs: Harris aims for $4.3 trillion from taxes on high earners, while Trump seeks $3.7 trillion from tariffs and reduced environmental protections.
#Trump #Harris #2024Election #UsDebt #EconomicPlans #TaxPolicy #ChildTaxCredit #BorderSecurity #AffordableCareAct #FiscalResponsibility
https://whyy.org/articles/trump-harris-economic-plans-debt-budget/
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Trump's economic plan estimated to add $7.5 trillion to U.S. debt over the next decade; Harris' plan estimated to add $3.5 trillion; Trump’s plan adds $4 trillion more than Harris'; Committee for a Responsible Federal Budget warns of potential fiscal crisis; Both candidates propose extending parts of the Tax Cuts and Jobs Act, costing $5.4 trillion for Trump and $3 trillion for Harris; Trump proposes eliminating taxes on tips, costing $300 billion, and on overtime pay, costing $2 trillion; Harris plans to expand the Child Tax Credit, costing $1.4 trillion; Trump’s immigration plan estimated to cost $350 billion; Harris plans to expand Affordable Care Act subsidies, costing $550 billion; Revenue generation differs: Harris aims for $4.3 trillion from taxes on high earners, while Trump seeks $3.7 trillion from tariffs and reduced environmental protections.
#Trump #Harris #2024Election #UsDebt #EconomicPlans #TaxPolicy #ChildTaxCredit #BorderSecurity #AffordableCareAct #FiscalResponsibility
https://whyy.org/articles/trump-harris-economic-plans-debt-budget/