Debt Boosted Under Leading Republicans’ Plans, Report Says
This article is for subscribers only.
The tax and spending plans of the leading Republican presidential candidates would add to the U.S. debt, according to a nonpartisan report.
The plans of Newt Gingrich, Rick Santorum and Mitt Romney would each add trillions of dollars to the debt over the next decade, according to an analysis released today by the Committee for a Responsible Federal Budget in Washington. The Republican contenders criticize President Barack Obama for spending programs that contributed to a trillion-dollar budget deficit.