Budget watchdog sees Trump, Harris campaign plans costing trillions

Former President Donald Trump's and Vice President Kamala Harris's campaign plans could both increase the national debt by considerable sums, a recent watchdog report has concluded.

The Committee for a Responsible Federal Budget this week, published analysis on the national financial impacts of both candidates' respective tax and economic proposals on the national debt, with three estimates per candidate.

Harris's pledges, the panel concluded, could prove have no net impact at its best, while adding $8.1 trillion on the high end. It's central estimate stood at an increase of $3.5 trillion.

It was more pessimistic about Trump's proposals, however, estimating that his plans would add $1.45 trillion to the debt at a minimum, and could add as much as $15.15 trillion. It's central estimate for his plans stood at $7.50 trillion.

Among the factors it considered were both campaign's plans to modify the 2017 Tax Cuts and Jobs Act, Trump's signature economic legislation, as well as planned expenditures on keynote issues such as border security and healthcare.