2024-10-08 05:40:08
Politics
Economy
Finance
Comparative Analysis of Economic Plans: Trump vs. Harris
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World - South China Morning Post
Politics
Economy
A study by the non-partisan Committee for a Responsible Federal Budget found that former US president Donald Trump's tariff plans, including a 10 or 20 per cent universal tariff on all imports and 60 per cent duties on Chinese goods, could offset $2.7 trillion of American debt in the next decade but could also trigger revenue loss with "geopolitical repercussions". Trump's fiscal proposals could add twice as much to the national debt compared to plans under US Vice-President Kamala Harris.
Yahoo News
What analyses of Trump and Harris’ economic plans agree on
Politics
Economy
Finance
Both Kamala Harris and Donald Trump's economic plans would add to the US' debt, but Trump's plan would increase the deficit by more than twice as much as Harris'. Harris' agenda would likely add $3.5 trillion over 10 years, while Trump's plan would add $7.5 trillion. Analyses by nonpartisan budget watchdog, Penn Wharton Budget Model, Institute on Taxation and Economic Policy, and Budget Lab at Yale and Harvard University suggest that both candidates' plans will likely add to the deficit, but H..
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