Harris campaign slams Trump agenda as a 'deficit bomb,' seeking to flip the script on fiscal responsibility

WASHINGTON — Kamala Harris is endorsing trillions of dollars in new tax revenues to fund her new policy plans, and her campaign is attacking Donald Trump for failing to outline how he’d pay for the multitrillion-dollar agenda he’s campaigning on.

Harris campaign spokesperson James Singer labeled Trump’s agenda “an inflation and deficit bomb” in a statement to NBC News, sparking a Trump campaign response blaming her for a “Biden-Harris inflation tax.”

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According to nonpartisan estimates, Harris is proposing to spend about $2 trillion and raise $5 trillion in tax revenues over a decade. Trump is calling for about $5 trillion in tax breaks and spending while raising less than $3 trillion in revenue through tariffs.

“Hands down, VP Harris is being much more fiscally disciplined than President Trump,” said Mark Zandi, chief economist at Moody’s Analytics.

“It’s a clear signal that whatever the policies, they plan to be fiscally disciplined,” he said. “And that is a bit of a flip. Historically, being fiscally disciplined and focused on budget deficits has been a Republican rally cry.”

A Harris campaign spokesperson said she supports the $5 trillion in new tax revenues in the White House budget released in March, including a corporate tax rate hike from 21% to 28%, ending the Trump tax cuts for upper earners next year and an array of taxes on wealthier Americans.

Harris’ plans aimed at lowering housing, child care and prescription drug prices would cost about $1.7 trillion, according to the Committee for a Responsible Federal Budget, a research group that calls for cutting red ink.

Zandi agreed with that estimate, saying the new Harris plans would total $1.5 trillion to a high end of $2