The article discusses the issue of rising US debt and how it has become a significant concern for both Vice President Kamala Harris and former President Donald Trump. The national debt has grown rapidly in recent years, reaching over $28 trillion, and is expected to continue rising in the coming years. Both Harris and Trump have expressed different views on how to address this issue.
Harris, as the current Vice President, has emphasized the need for increased government spending to support the economy and address social issues such as healthcare and infrastructure. She has also called for raising taxes on the wealthy to generate additional revenue and reduce the deficit. However, critics argue that this approach could lead to further economic challenges and burden future generations with higher levels of debt.
On the other hand, Trump has focused on reducing government spending and cutting taxes to stimulate economic growth. During his presidency, Trump implemented tax cuts and deregulation policies aimed at boosting the economy, but critics argue that these measures have contributed to the growing debt and could have long-term negative consequences.
The article highlights the challenges faced by both Harris and Trump in addressing the national debt and their differing approaches to tackling the issue. While Harris advocates for more government intervention and spending, Trump favors a more conservative approach focused on reducing government involvement and promoting economic growth through tax cuts. The ongoing debate over how to address the national debt underscores the complexity of the issue and the need for bipartisan cooperation to find a sustainable solution.
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