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Bipartisan Study: Trump’s Economic Proposals Will Add $7.5 Trillion to National Debt

HeadlineOct 16, 2024

On Tuesday, Trump appeared at the Economic Club of Chicago, where he was grilled about reports that his economic proposals could devastate the U.S. economy. He was asked by Bloomberg Editor-in-Chief John Micklethwait, who cited a recent study by the Committee for a Responsible Federal Budget.

John Micklethwait: “If you add up all the promises you’ve made, and your plans would add $7.5 trillion to the debt, that’s more than twice the total for Vice President Harris. You’re on course to push up debt up to 150% of GDP. This is a very business-like audience.”

Donald Trump: “Yeah.”

John Micklethwait: “Why should they trust you with that?”

Donald Trump: “Because we’re about growth. She’s got no growth whatsoever, and we’re all about growth.”

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