The national debt would surge under a Donald Trump presidency, though not as much as originally thought, according to a new analysis. Trump's stated plans to stimulate the economy through the building of infrastructure, boosting military spending and making sharp tax cuts would increase the national IOU by $5.3 trillion, or roughly 26 times more than Hillary Clinton's plan would, according to a report Thursday from the Committee for a Responsible Federal Budget. While that's a considerable jump, it's down from the previous estimate of an $11.5 trillion debt increase that the committee projected in June. Many economists have put the Trump debt price tag in excess of $10 trillion, but the committee said a review of more detailed proposals from the Republican nominee show less of an increase.

The estimate for Trump is sharply higher than the analysis of Clinton's plans, which are projected to increase the debt by $200 billion, down from the $250 billion June estimate. While Clinton is calling for aggressive new spending programs, she also is proposing offsetting hikes on estates, investments and financial institution taxes, among others. The two candidates are locked in a tight battle, with the latest NBC News/Wall Street Journal poll showing Clinton ahead by 6 points. For Trump, the committee said his new plans show less aggressive spending and tax cuts than previously. For Clinton, the committee found that she now has more ambitious revenue programs than she had before, though they could be offset by unspecified plans for business tax reform.