Presidential Candidates on Spending

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Presidential Candidates on Spending

10 Jan 2024

The most important challenge for the next president will be tackling the government's massive and growing debt. Federal debt held by the public of $26 trillion amounts to $200,000 for every household in the nation. Compared to the size of the economy, the debt will soon reach levels never seen in our nation's history. Rising government debt is undermining economic growth and may trigger a financial crisis. We desperately need to cut the budget, yet both leading presidential candidates--Joe Biden and Donald Trump--embraced large- scale deficit- spending during their tenures in the White House. Do any presidential candidates offer hope of fiscal sanity? Let's see what the Republicans are saying. Donald Trump Ron DeSantis Nikki Haley Vivek Ramaswamy
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Authors

Chris Edwards, Krit Chanwong

Published in
United States of America

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