Report estimates national debt could rise under Harris and surge under Trump

A new report from the Committee for a Responsible Federal Budget estimates that a presidency under Kamala Harris could increase the national debt by $3.5 trillion over ten years. This projection contrasts with Donald Trump's plans, which could add between $7.5 trillion and $15.2 trillion to the debt. The report highlights that both candidates' proposals would lead to debt growth faster than the economy. Harris's campaign claims her investments would be funded by higher taxes on corporations and the wealthy, while Trump's plans rely on strong economic growth to offset deficits. Current federal debt exceeds $28 trillion, driven by rising costs in programs like Social Security and Medicare. The analysis indicates that neither candidate has prioritized reducing the budget deficit in their campaigns.