Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By The Shark Tank (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Trump’s Deficit $5.3 Trillion; Clinton’s Deficit $200 Billion

% of readers think this story is Fact. Add your two cents.


During the last three months, Hillary Clinton and Donald Trump have put forth new tax and spending proposals and revised or clarified some of their previous ones.

Those changes have told us how much their fiscal policies would affect the nation’s debt, according to the Committee for a Responsible Federal Budget (CRFB), a bipartisan think tank.

This is what they found according to CNN:

Trump’s policies would add $5.3 trillion to debt

CRFB estimates that Trump’s fiscal proposals as they are today would add $5.3 trillion to the nation’s debt in the first decade.

His plan would also decrease both taxes and spending overall. His tax plan would reduce the amount of revenue going into federal coffers by nearly $6 trillion.

At the same time Trump would reduce spending on net by $1.2 trillion. He’d spend more ($2 trillion) on defense, veterans, child care and Medicare, but less ($3.2 trillion) on the Affordable Care Act, Medicaid and non-defense domestic spending.

Clinton’s policies would add $200 billion to debt

Clinton’s fiscal package would add an estimated $200 billion to the debt, $50 billion less than under her original package of fiscal proposals currently projected over the next decade.

Clinton’s proposal as a whole would increase both revenue and spending. Taxes would go up by roughly $1.5 trillion, with most of that coming from higher taxes on the rich.

Meanwhile, spending would rise by an additional $1.65 trillion if Clinton’s proposals got the green light. For instance, she wants to spend more on higher education, especially to make college more affordable ($500 billion) and infrastructure ($300 billions). She also wants to provide paid family leave ($300 billion) and increase health coverage and reduce drug costs ($250 billion).


Source: http://shark-tank.com/2016/09/22/trumps-deficit-5-3-trillion-clintons-deficit-200-billion/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.