Vice-president and Democratic presidential candidate Kamala Harris unveiled her economic campaign proposal in North Carolina to build what she called an “opportunity economy” focused on the middle class.She said in Raleigh: “Your salary should be enough to provide you and your family with a good quality of life … such as, no child should have … Read more
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.
Fact: The second legislative session in New Hampshire is tackling many business-related proposals on the House and Senate floors.
The federal government will make tax changes in Tuesday’s budget aimed at raising more revenue from wealthy Canadians and certain corporations.
Australia’s housing shortage is driving prices higher and locking out first-time homeowners and migrants needed to fill skills shortages across the country, according to the CEOs of Australia’s three largest banks.
Canada plans to reduce its temporary residents and set a cap on temporary immigration for the first time, aiming to address a housing shortage and stretched essential services. The government intends to decrease temporary residents to 5% of the total population over the next three years from 6.5% in 2023, which is about a 20% cut from the 2.5 million temporary residents in 2023. Immigration Minister Marc Miller announced the plan and will meet with provincial and territorial counterparts in May to finalize it. The government will also include temporary resident arrivals in the immigration levels plan starting this fall. Additionally, Canada announced a two-year cap on the intake of foreign students and will stop issuing work permits to some students after graduation.