Budget Hawks Say Both Candidates’ Spending Plans Would Add Trillions to National Debt

‘Neither major candidate running in the 2024 presidential election has put forward a plan to address this rising debt burden,’ says the Committee for a Responsible Federal Budget.

AP/Mary Altaffer
The national debt clock at Manhattan on May 25, 2023. AP/Mary Altaffer

With the economy and affordability being cited as the most important issue to voters in November, President Trump and Vice President Harris are leaning hard on their respective messages on tax cuts, social spending, and economic assistance for middle-class families. The long-term effects, however, could be severe for the nation’s debt problem, according to a new analysis of both candidates’ plans. 

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