Trump’s Economic Plan Runs Afoul Of Deficit Hawks By Ballooning The Debt

The national debt would balloon under a Donald Trump presidency according to the newest report from the Committee for a Responsible Federal Budget, released Thursday.

The organization of deficit hawks projected that Trump’s plans would increase the deficit by $5.3 trillion over a decade, which is 26 times more than Clinton’s projected increase of $200 billion, or $.20 trillion.

The committee’s paper projects national debt levels using policy proposals released by the Clinton and Trump camps.

The Committee for a Responsible Federal Budget is a nonpartisan and non-profit organization that sometimes receives criticism for its narrow debt-reduction vantage point.

“As in our June report, we continue to estimate that Clinton would add modestly to the debt relative to current law, while Trump would add significantly to the debt,” said the report. “As it currently stands, Donald Trump’s proposals would still substantially worsen the debt.”

The group projects that debt would rise to more than 86 percent of GDP under Clinton and to 105 percent under Trump.

The report was initially released in June 2016 and has been updated per new policy releases from each candidate.

“This relies on conventional scoring methods and does not account for the impact of their plans on economic growth, which we will discuss in a future analysis,” according to the report.

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