A new analysis from a nonpartisan group finds that Donald Trump's latest tax proposals would increase the federal debt by $5.3 trillion over the next decade, compared with $200 billion if Hillary Clinton's ideas were enacted. The Trump campaign disputed the findings.
The Committee for a Responsible Federal Budget looked at Trump's newly revised tax plan as well as other proposals. However, it says its analysis can't be certain of the actual size of Trump's tax plan because his campaign won't spell out how it will treat certain businesses' tax liabilities. The committee took a "mid-range guess" between two estimates provided by the nonpartisan Tax Foundation.
Increasing the federal debt is bad now?