Fact: Donald Trump falsely claimed that he won the 2020 presidential election in Minnesota and stated he would win this year in a state that has not voted for a Republican presidential candidate in over 50 years.
The text discusses the potential impact of a Biden or Trump presidency on the US economy. The analysis covers eight major economic categories, including domestic manufacturing, higher education, healthcare, housing, labor, taxes, tariffs, and trade. Biden and Trump have different plans and approaches to these economic categories based on their past records as president and their campaign promises. Biden focuses on issues like lowering prescription drug costs, investing in the future, supporting workers and small businesses, and ensuring fair taxation. Trump, on the other hand, has proposed plans such as protecting American car manufacturers, imposing tariffs on foreign-made cars, and focusing on fossil fuels. The text also highlights the differences in their views on student loan debt, healthcare, housing costs, labor unions, taxes, tariffs, and trade policies.
President Biden’s top economic advisor, Lael Brainard, stated that Democrats would raise taxes overall in 2025 if Biden is reelected. Biden plans to raise taxes on businesses by undoing the corporate tax rate cut from the 2017 Republican tax cuts, increasing the rate to 28%. This move is expected to have negative economic effects, including reducing GDP, the capital stock, wages, and jobs.
U.S. President Joe Biden and Republican rival Donald Trump have accepted CNN’s invitation to face off in the first 2024 debate on June 27.
U.S. President Joe Biden is willing to debate Republican rival Donald Trump twice before the Nov. 5 election, with terms including two televised debates in June and September. Biden’s campaign proposed direct negotiations between the two campaigns for the debates, showing a willingness to take risks to improve his poll numbers. Biden also rejected traditional debates organized by the Commission on Presidential Debates and wants the debates to start sooner without any third-party candidates or in-person audience.
Fact: Michael Cohen, Donald Trump’s former fixer, testified that Trump ordered him to pay adult film star Stormy Daniels in 2016 to stay quiet about an alleged 2006 sexual encounter, and then approved a plan to reimburse Cohen through bogus invoices.
Fact: Michael Cohen testified that Donald Trump personally approved a hush money payment of 0,000 to adult film actress Stormy Daniels to keep quiet about an alleged 2006 liaison before the 2016 presidential campaign.
Jury selection began in the corruption trial of U.S. Senator Robert Menendez, who faces 16 criminal charges including bribery, fraud, obstruction, and acting as a foreign agent.
The winner of November’s presidential election will face a challenge with the expiration of nearly trillion in tax cuts next year.
Donald Trump has pledged to double down on tax cuts if he wins a second term as president, promising a big tax cut for middle class, upper class, lower class, and business class. Biden, on the other hand, has called for tax hikes on businesses and the richest Americans.