It’s was one of the first times during Donald Trump’s campaign for president those subjects had come up, which made it all the more notable Monday when the GOP nominee dropped a brief mention of child care into his speech about the nation’s economic future.
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As she is wont to do, Warren responded on Twitter.
Trump campaign chair Paul Manafort said in interview with Fox Business Network on Sunday that Clinton is “going to raise taxes, lots of taxes, on everyone”, making the “recovery, which is already the weakest since 1949, even worse”. He is also calling for eliminating the estate tax and a temporary moratorium on new regulations.
In response, Warren invoked the recent economic recession, which she said was allowed to happen due to a lack of regulations.
Trump may walk a fine line Monday between presenting himself as a populist or getting into the weeds on economic policy.
Clinton and Trump both propose massive federal investments in public infrastructure, which Prentice said is good news for Colorado, where transportation has been mired in statehouse politics.
Trump is in Detroit to unveil a new version of his economic plan. He said the plan was to lower the corporate tax burden and encourage United States companies with operations overseas to repatriate profits at a more digestible tax rate. While the proposal could be a boon for business investment, Zandi says it can’t be judged because Trump has not specified which regulations would be abolished, making it impossible to assess the costs against the benefits.
“His tax plans would give super big tax breaks to large corporations and the really wealthy”, Clinton said, characterizing the proposals, which include substantial tax cuts, as “trickle-down economics”.
Hillary Clinton offered a simple reply to Donald Trump’s economic address Monday: “Don’t let a friend vote Trump”.
The UAW opposes Trump, but WWJ 950’s Jeff Gilbert said union leaders are expected to closely watch the performance, knowing that Trump’s position on trade is likely to draw support from some members. He again proposed lowering the corporate tax rate to 15 percent from the current 35 percent.
The memo “How a Trump Presidency Would Cause Damage to the US Economy and Working Families” was released by the Clinton campaign hours before Trump was to deliver a major policy speech on economy in Detroit. Experts told us a starting a trade war would be “playing with fire”, and it could hinder economic growth.
In most of his speeches, Trump was very keen on his views on immigration.
He cited an analysis two weeks ago by Mark Zandi, an economic adviser to John McCain during his 2008 presidential race, indicating Clinton’s plan would create 10.4 million jobs during her presidency.
Donald Trump is overhauling the income tax proposal he unveiled during the Republican primary and increasing the amount that would be paid by the highest-income earners. He promised more details on his proposed plans in the coming days.
“Twelve percent, 25 percent and 33 percent”.
Meanwhile, a word from the Clinton campaign: Columbus Mayor Andrew Ginther, small business owner Michelle Allen and former Director of the National Economic Council and top economic adviser to Presidents Bill Clinton and Barack Obama Gene Sperling will have a conference call today to discuss new analysis “showing how many jobs could specifically be created in OH under Hillary Clinton’s economic plans or lost under a Donald Trump presidency”, according to the Clinton campaign.
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Protest photos by Courthouse News reporter Andy Olesko.
