Estimating the Costs Of Candidate Clinton’s Proposals [$2.2 trillion over the next decade]

American Action Forum ^ | 4 August 2016 | Gordon Gray

[amorphous]

Former Secretary of State Hillary Clinton’s policy proposals as a candidate for president would have a dramatic effect on the federal budget.[1] To her credit, Secretary Clinton has provided a fair amount of detail on her positions. In addition, other organizations, most prominently the Tax Policy Center and the Committee for a Responsible Federal Budget, have also provided estimates of the current candidates’ proposals. This analysis primarily relies on public statement provided by the Clinton campaign, news reports, and third party estimates, specifically from TPC, CRFB, and the American Action Forum.

Based on these estimates, 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.

[amorphous]

Estimate and charts at link.

[PGR88]

for a combined deficit effect of nearly $2.2 trillion over the next decade.

Obama increased the US debt by >$10 Trillion in his 8 years - and half of that time was with a REPUBLICAN Congress. Did any sane person predict that back in November 2008?

the next financial panic (which the Fed and gov't will do everything to prevent) will absolutely blow the lid off the budget deficit. I would guess $2 trillion or more per year for similar 2008 event. By this measure, this article's deficit increase is extremely mild.

[FlingWingFlyer]

That’s why she said she’s going to tax the hell out of the working middle class. Somebody has to pay for the freebies for all of the illegal aliens and “refujihadis” coming in to vote. Buffett and Cuban sure as hell don’t want to do it.

[amorphous]

Meaningless numbers, IMO, once the Fed's printing press blows a gasket. Folks better have something to fall back on when it happens - not if.

Think Venezuela, and don't think it can't happen here, and a lot sooner than many believe.

[amorphous]

The government already is sucking trillions and trillions out of a very anemic economy. I don’t see how it can stand much more bloodletting before it succumbs.