NEW YORK (CNNMoney) — Newt Gingrich’s economic plan would do a lot of things. But reducing the debt and balancing the federal budget aren’t among them.
Same goes for Rick Santorum’s and Mitt Romney’s economic plans.
Indeed, a preliminary analysis by the independent Committee for a Responsible Federal Budget released Thursday estimates that the three candidates’ plans could add between $250 billion and $7 trillion of debt over the next nine years.
By contrast, the proposals of Ron Paul could reduce the debt by $2.2 trillion, the group estimated.