Infrastructure Spending: Institutions Economists and Budget Plans

infrastructure spending: The reason for the optimism isn't hard to discern, according to Market Watch. Democratic nominee Hillary Clinton and Republican nominee Donald Trump have pledged to boost infrastructure spending. However, investors might be getting ahead of themselves. Both have outlined budget plans that would mark a fiscal boost. Prominent institutions and economists are making the case for increased fiscal stimulus on a global scale. The Committee for a Responsible Federal Budget estimated that Clinton plan would add $200 billion to the public debt over the next 10 years, while Trump plan for aggressive spending and big tax cuts would boost the debt by $5.3 trillion. (news.financializer.com). As reported in the news.