Questions over Trump’s fiscal policies

A tough claim to square with his suggestion that he'd pay more under his tax plan

(CNN) – With Donald Trump as the presumptive nominee, his stance on issues like his tax plan and whether he wants an increase in the minimum wage.

Now become a whole lot more important. In recent days Trump has called for policies to eliminate the 19 trillion dollar national debt. But economists warn such policies could rock the global economy.

Trump says he’s being misquoted and mischaracterized by the media on these topics, but is he? Donald Trump may be the GOP nominee, but he’s already giving republicans anxiety.

Donald Trump: “I know more about debt than practically anybody, I love debt.”

And raising alarm with policy proclamations like this one, when asked how he would manage debt payments telling CNBC.

Monday, Trump’s trying to moderate that stance, telling CNN he would try to buy back debt at a discount and adding the country won’t default because America can always print more money.

Donald Trump: “First of all, you never have to default because you print the money, I hate to tell you, OK, so there’s never a default.”

They’re suggestions economists say aren’t feasible or could risk America’s credit or lead to a spike in interest rates. Trump’s also changing his tune on the minimum wage after saying wages are too high in the GOP primary.

Cavuto: “So do not raise the minimum wage?”

Donald Trump: “I would not raise the minimum.”

Now, he says he’s open to an increase.

Donald Trump: “I don’t know how people make it on $7.25 an hour. Now with that being said, I would like to see an increase of some magnitude, but I’d rather leave it to the states.”

Then there’s the shift on taxes Trump’s saying he’s willing to negotiate the steep tax cuts he proposed for the wealthy but insists rich Americans won’t pay more than they do now…

Donald Trump: “They go then and talk about it like I’m giving a tax increase for the wealthy. I’m not. I said they may have to pay somewhat more than my proposal. I understand, but my proposal is much less than people are paying right now.”

A tough claim to square with his suggestion that he’d pay more under his tax plan.

Donald Trump: “It reduces or eliminates the deductions and loopholes available to special interests and to the very rich. In other words it’s gonna cost me a fortune.”

All of this comes as Trump is still struggling to unite the party. Monday, Trump passed the chance to pile on speaker Paul Ryan after this comment from Sarah Palin.

Sarah Palin: “I think Paul Ryan is soon to be cantered as in Eric Cantor. His political career is over but for a miracle.”

And while Trump’s take on republican orthodoxy may leave some in the party groaning Saturday night live is already celebrating its good fortune.

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