Back to
Fact Check: Clinton’s claim on the impact of Trump’s tax plan versus her plan

“Independent experts have looked at what I’ve proposed, what Donald has proposed. And basically they’ve said this. … [Under Trump’s tax plan] we would lose 3.5 million jobs and maybe have another recession. My plans — and they’ve said ‘OK, we can do this,’ and I intend to get it done — we will have 10 million more jobs because we will be making investments where we can grow the economy.”

–Hillary Clinton

THE FACT CHECKER | Mark Zandi, a well-respected economist, did issue a report saying that if Trump’s economic plans were fully implemented, 3.5 million jobs would disappear, incomes would stagnate, debt would explode, and stock prices would plummet. But the report also said it was highly unlikely that Trump would get many of his plans approved by Congress, even if it is controlled by Republicans, because so many of his positions are so a departure from Republican principles. Even so, the report said the U.S. economy would likely suffer under a Trump presidency.

His report also said that if Clinton were able to fully implement her economic plans, the economy would add an additional 3.2 million jobs during the first four years of her presidency. Combined with anticipated job creation under current law, that adds up to 10.4 million jobs. But the report also said that Clinton would face significant roadblocks to getting her economic plan through Congress, resulting in far fewer job gains.

Real-time fact checking and analysis of the first presidential debate