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Tag Archives: national debt

How will the Trump and Harris budgets affect the national debt?

Here’s the Penn Wharton Budget Model breakdown for how much each candidate’s economic proposals will affect the national debt:“We estimate that the Trump Campaign tax and spending proposals would increase primary deficits by $5.8 trillion over the next 10 years on a conventional basis and by $4.1 trillion on a dynamic basis that includes economic feedback effects. Households across all income groups benefit on a conventional basis.”“We estimate that...

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