Chart of the Day: Donald Trump’s Deficit Busting Budget Plan


I know no one cares about this because it’s boring policy stuff and no one takes any of Donald Trump’s policy suggestions seriously in the first place, but I’m trying to fill the time while the B-listers natter on at the Democratic convention. I was disappointed that Jerry Brown didn’t do a better job, but California already has all the great weather, so I suppose I can’t complain that we don’t have all the great convention speakers too.

Anyway, here’s the Committee for a Responsible Budget on what the national debt would look like under President Trump vs. President Clinton:

According to the CFRB, Hillary Clinton has proposed $1.4 trillion in new spending and $1.2 trillion in revenue increases to pay for it. Pretty close! Donald Trump’s proposed budget, by contrast, is about $10 trillion out of whack.

On the bright side, the top 1% get their taxes reduced by about 12 percentage points. So it’s all good.

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

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It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

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It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

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Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

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