Report: Clinton’s Policy Proposals Include $1.3 Trillion Tax Hike

[WestVirginiaRebel]

The Blaze:

Hillary Clinton’s policy agenda would add approximately $2.2 trillion to the national deficit over the next decade and would include about $1.3 trillion in tax hikes. That’s according to a new report out by the conservative-leaning American Action Forum.

 

“Former Secretary of State Hillary Clinton’s policy proposals as a candidate for president would have a dramatic effect on the federal budget,” Gordon Gray, the forum’s director of fiscal policy, wrote in an piece posted Thursday.

 

“Secretary Clinton’s proposals would, on net and over a ten-year period (2017-2026), increase revenues by $1.3 trillion, increase outlays by $3.5 trillion, for a combined deficit effect of nearly $2.2 trillion over the next decade,” the post reads.

 

The conservative group’s estimates are based on public statements made by the Clinton campaign, news reports and third-party estimates, including the Tax Policy Center and the Committee for a Responsible Federal Budget.

 

The estimate means that the amount of overall debt held by the U.S. would rise to roughly 93 percent of the country’s total Gross Domestic Product, nearly 8 percent more than what experts currently predict. The national debt is currently $19.4 trillion.

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Guess where the money's going to come from: