Trump's plan would add $4 trillion more to U.S. debt compared to Harris', analysis says

With less than a month left until Election Day, both the Harris and Trump campaigns have presented their economic visions to the American people — including proposed tax cuts, border security spending, and affordable housing policies. But it's still unclear how much these plans will cost, and how they will be paid for.

A new report from the nonpartisannonprofit Committee for Responsible Federal Budget finds that both former President Donald Trump and Vice President Harris will deepen the national debt to pay for their initiatives. Trump's estimated economic plan would sink the nation $7.5 trillion further into to debt over the next decade, while Harris' estimated proposals would cost the government half that — around $3.5 trillion.

"Whoever wins the 2024 presidential election will face an unprecedented fiscal situation upon taking office," according to theCommittee for Responsible Federal Budget's report. "Both the Republican and Democratic candidates for President have put forward campaign plans that would, at best, maintain the status quo and, at worst, add tremendously to our debt and deficits."

The report said their estimates come with "a high degree of uncertainty" because of lack of specifics from both campaigns; the estimates for Harris' plans range from adding $0 to $8.1 trillion to the debt, while the forecasts for Trump range from $1.5 trillion to $15.2 trillion.

The committee warned of "an eventual fiscal crisis" if politicians don't address thenational debt more forcefully. The nonprofit also provided an overview of the candidates' competing economic visions — pulled from campaign websites, emails, speeches, social media posts and discussions with campaign staff.

Extending Trump's Tax Code

Both Harris and