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Presumptive Democratic presidential nominee Joe Biden will participated in a virtual roundtable with the Service Employees International Union, a day after he laid out the third tier of his “Build Back Better” economic policy plan.On Tuesday, Biden spoke about his 5 billion plan to support working families, childcare and educators. He suggested rolling back tax breaks for real estate investors with incomes over 0,000 and taking steps to increase tax compliance for high-income earnings.Recent polls show Biden extending his lead over President Donald Trump. A Fox News poll released on Sunday found Biden leading Trump by eight points, while and ABC/Washington Post poll found Biden leading Trump by 15 points.Watch Biden's event in the video below. 767
President Donald Trump will be holding a Friday press conference ahead of a planned trip to the New Jersey area. The president focused his briefing on new production numbers.The president said under the Defense Production Act, new factories and laboratories are being built all over the country to build what America needs to fight the coronavirus pandemic.“Incredible what we’ve been able to do in a short amount of time,” Trump said.He quoted new manufacturing production numbers, showing industrial production rose for the third straight month in the country.The president said we are producing so many ventilators, we are sending them to countries around the world. According to Trump, American companies are producing 400 million more masks than last year.As for a vaccine, three candidates are in Phase 3 trials currently. He said at the press briefing he thought the elderly and those at risk should get the vaccine first, but that he will listen to his experts on that. He said "those lists are being created now," referencing plans for how to distribute the vaccine once it's created. Earlier in the day, media outlets reported Robert Trump, the president's brother, was "very ill."During Friday's press conference, President Trump said he hopes his brother will be all right, but “he’s having a hard time."White House spokesperson Judd Deere says the president is expected to visit his 72-year-old brother at a hospital in Manhattan on Friday. Trump was already scheduled to visit his property in Bedminster, New Jersey, on Friday.There is also a lot of reporting Friday following remarks the president made about opposing funding for the post office.He acknowledged he's starving the Postal Service of funding to make it harder to process an expected surge in ballots he worries could cost him reelection.The president said on Fox Business Network that among the sticking points on a new virus relief package are Democrats’ demand for billions of dollars to assist states in protecting the election and helping postal workers process mail-in ballots.In a series of tweets Friday before his press conference, the president said he is ready to send another round of stimulus checks and additional PPP payments. Responding to a question during his press conference about whether he would approve millions in funding for the Post Office if Democrats gave him what he wanted, he responded, “Sure, If they give us what we want."Democratic rival Joe Biden has likened Trump's actions to sabotage. 2508
President Donald Trump's tariffs were supposed to shrink America's trade deficit, but it has instead grown for five straight months and is on track to hit a record high before the end of the year.The monthly goods deficit grew by billion in October, according to a US Census report released Wednesday.The Census report is one of the first measures of trade released since Trump imposed his biggest round of tariffs in September on 0 billion of Chinese goods. It put a 10% tax on goods ranging from luggage to bikes and baseball gloves. Trump has threatened to increase the rate to 25% on January 1.The duties make it more expensive for US importers to buy those items, but Americans bought more goods from abroad in October than they did the month before. The figure may reflect stockpiling by American importers ahead of an additional hike in tariffs set to take effect in January, as well as strong consumer spending."There is some anecdotal evidence that US importers are likely pulling forward orders to get ahead of additional tariffs on Chinese goods, which could be one of the factors driving imports higher in recent months," said Pooja Sriram, an economist at Barclays.Last year's federal tax cuts have also put more money back into Americans' pockets, lifting demand for imports even if they're more expensive."We believe that domestic demand is likely to be sufficiently robust so as to keep imports elevated even after any additional tariffs," Sriram said.Additional data due out next week on trade of both goods and services is expected to show a 10-year high in the overall trade deficit, said Ian Shepherdson, chief economist at Pantheon Macroeconomics.That's the opposite of what Trump wants to achieve.The president has pledged to reduce America's trade deficit by pursuing new trade agreements with countries he argues are engaging in unfair trade policies, especially China. He's put tariffs on 0 billion of Chinese-made goods this year in an effort to make US-made products more attractive to consumers."It's been such a terrible one-way street with China," Trump told the Wall Street Journal in an interview Monday.Trump and Chinese President Xi Jinping are set to meet Saturday evening for a formal dinner on the sidelines of the G20 meeting in Argentina. It is their only scheduled meeting before the end of the year.White House economic adviser Larry Kudlow on Tuesday dangled the possibility?of a "breakthrough" at the dinner. But Trump escalated tensions earlier in the week, when he repeated a threat to put tariffs on the remaining Chinese goods if a deal can't be reached.The Trump administration argues that China is engaging in unfair trade practices, including intellectual property theft and forced technology transfers. But the Chinese say Trump's unilateral tariffs are bullying.American businesses and lawmakers on both sides of the aisle agree that the China trade issues should be addressed — but not everyone believes that tariffs are the right way. Some manufacturers and retailers say the duties could lead to job losses and higher prices for consumers."It would be hard to argue that (China) has behaved fairly in its trade practices," said Florida Democratic Rep. Stephanie Murphy this week at an S&P Global event in New York."But I think doing it in a multilateral way would have been a better approach," she said.Trump has also imposed tariffs on foreign steel and aluminum this year, in the interest of national security. US steel producers have welcomed the taxes, as they've seen prices for their own products go up. Steel Dynamics, an American producer, announced this week that they would be building a new steel mill in the southwest region of the country, creating 600 new jobs."Steel jobs are coming back to America, just like I predicted," Trump tweeted Wednesday.But American manufacturers that use steel, including automakers, have argued that the tariffs have made the cost of domestic production more expensive. 4055
President Donald Trump will announce his decision on whether the US will pull out of the Iran nuclear accord at 2 p.m. ET on Tuesday, he wrote in a tweet."I will be announcing my decision on the Iran Deal tomorrow from the White House," he wrote Monday afternoon.Trump is weighing whether to continue waiving sanctions on the energy and banking sector that were lifted as part of the 2015 agreement.European allies -- including the United Kingdom, France and Germany -- have encouraged Trump to remain part of the deal while acknowledging the agreement's flaws. They have worked to develop an ancillary agreement that addresses Iran's ballistic missile program and its support for terrorism. 699
RAMONA, Calif. (KGTV) — A 53-year-old cyclist remains on life support after a hit-and-run crash in Ramona.Michelle Scott was biking to work Wednesday morning on State Route 67 when California Highway Patrol says a driver swerved onto the shoulder and hit her. Scott was wearing a helmet and had lights and reflective gear on her bicycle, her husband said."It was impossible not to have seen her," Don Scott said.RELATED: Bicyclist airlifted after being hurt in hit-and-run crash in RamonaThe crash happened on SR-67 north of Dye Road around 6:30 a.m.Investigators say the driver was in a black 2019 Ford Edge. They've since learned the vehicle had stolen license plates.CHP says the driver sped off from the crash site with Michelle's bicycle still lodged in the front grill, but Don isn't letting anger seep in."Anger is not going to help the recovery process," he said. "I'm actually most focused on the recovery of my wife."Both he and Michelle are Community Emergency Response Team volunteers through FEMA and the Ramona Fire Department, with training to respond to disasters."It's hard to accept the different stages of grieving when you already know them but you're the one that's going through the grieving," he said.Michelle was sent flying into the roadway after the crash. Several bystanders, including a nurse, stopped to help."I was just informed today by the doctors that had it not been for the people stopping, the Good Samaritans, the outcome could have been even worse than it already is," Scott said.Both the family and CHP are hoping a tip from the public will provide a break in the case. Investigators are also looking for surveillance or dash camera video.Anyone with information should call CHP's El Cajon office at 619-401-2000. 1760