How Much Would the Deficit Increase Under Harris and Trump Proposals

The Committee for a Responsible Federal Budget released their estimates of how much the deficit would increase under both candidates. It is not pretty.

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The Committee for a Responsible Federal Budget released their estimates of how much the deficit would increase over a 10-year period for both the Harris and Trump current proposals.

Candidate Harris’s proposal would increase the deficit by an average of about $350 billion per year for a total increase of $3.5 trillion.

Candidate Trump’s proposal would increase the deficit by an average of about $750 billion per year for a total increase of $7.5 trillion.

Let’s dig into the key details.