Economists Call for Fiscal Responsibility

Economic experts are criticizing both Donald Trump and Kamala Harris for their lack of attention to the growing budget deficit. Neither candidate has presented comprehensive plans to address this pressing issue, raising concerns among economists.

According to the Tax Foundation, Trump's economic proposals could increase the deficit by approximately $4 trillion over ten years, while Harris's plans might grow it by $1.5 trillion in the same period. Experts warn that ignoring the deficit could lead to higher interest rates and reduced national creditworthiness.

• The current fiscal year deficit is $1.9 trillion.
• Trump proposes extending tax cuts and reducing corporate tax rates.
• Harris suggests increasing taxes on the wealthy and expanding social programs.
• Economists stress the importance of fiscal space for responding to future crises.

As the election approaches, economists are urging both candidates to 'get real' about the deficit and present concrete plans to address this critical economic challenge.