Election 2016

Report: Hillary Clinton Would Increase Taxes By $1.3 Trillion

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Written by JayWill7497

 

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Hillary Clinton arises $2.2 trillion short in paying for her policy plan, in spite of hiking taxes by $1.3 trillion, based on a new analysis of the Democratic nominee’s campaign platform.

The American Action Forum, a center-right policy institute, revealed a report Thursday discovering Clinton’s domestic plan would “have a dramatic effect on the federal budget.”

Gordon Gray, American Action Forum’s director of fiscal policy, primarily based the report on estimates of policy recommendations from the Clinton campaign itself, as well as independent analyses from the Tax Policy Center and the Center for a Responsible Federal Budget.

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Gray discovered Clinton’s policies for expanding government’s role in family leave and student loans would lead significantly to the deficit, and in turn a growing national debt that stands at $19.358 trillion.

The truth is, the amount of debt held by the public alone would reach $25.825 trillion in 2026 under Clinton’s package. The amount of debt held by the public currently is $13.968 trillion.

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About the author

JayWill7497

Reporter, Journalist, Blogger, Researcher. Committed to providing information by posting/archiving videos, articles, and links. I also investigate to raise awareness on numerous issues, inspire critical thinking, involvement, and hopefully to help make our world a better place for all. “The truth, always the truth at all costs”

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