{"id":2338214,"date":"2024-09-07T10:21:02","date_gmt":"2024-09-07T14:21:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-reveals-exactly-how-hell-fix-biden-harris-econ-disaster-will-rapidly-defeat-bidenflation\/"},"modified":"2024-09-07T10:24:41","modified_gmt":"2024-09-07T14:24:41","slug":"trump-reveals-exactly-how-hell-fix-biden-harris-econ-disaster-will-rapidly-defeat-bidenflation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-reveals-exactly-how-hell-fix-biden-harris-econ-disaster-will-rapidly-defeat-bidenflation\/","title":{"rendered":"Trump Reveals Exactly How He&#8217;ll Fix Biden-Harris Econ Disaster: Will &#8216;Rapidly&#8217; Defeat Bidenflation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-reveals-exactly-how-hell-fix-biden-harris-econ-disaster-will-rapidly-defeat-bidenflation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2338214&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The text\u200b discusses inflationary trends in the \u2062U.S. concerning the administrations of Donald Trump\u200b and Joe \u200bBiden. Here are the key points\u200d summarized:<\/p>\n<p>1. **Inflation Overview**: When Joe Biden \u200dtook\u200d office in January 2021, inflation was at an annual\u200d rate of 1.4%.\u200c Since then, inflation has significantly increased, reportedly up\u2064 about 20% since he\u200c assumed the\u200b presidency.<\/p>\n<p>2. **Federal\u200d Reserve Actions**: The Federal \u200dReserve has <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/inflation-rises-after-months-of-decline-new-bureau-of-labor-statistics-report-shows\/\" title=\"Inflation surges after months of decline, says new report by Bureau of Labor Statistics.\">raised \u200cinterest\u200d rates<\/a> to combat \u200dinflation, which is described as being \u2062partly fueled by <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/analysis-deficit-spending-is-deeply-harmful-to-long-term-economic-growth\/\" title=\"Analysis: Deficit Spending Is Deeply Harmful To Long-Term Economic Growth\">federal deficit spending<\/a> during Biden&#8217;s tenure.<\/p>\n<p>3. **Trump&#8217;s Plans to Reduce Inflation**:<\/p>\n<p>   \u2062   &#8211; **Energy Policy**: Trump claimed he would\u2063 make the U.S.\u2062 energy independent and \u2064dominant by ending what he termed the &#8220;anti-energy crusade&#8221; and lowering energy prices.<\/p>\n<p>   &#8211; **Termination of Green New Deal Initiatives**:\u2064 He would revoke the initiatives from the Inflation Reduction Act that exceeded cost expectations.<\/p>\n<p>   \u200b &#8211; \u2062**Regulation Cuts**: Trump promised to cut regulations, proposing that for every new regulation, ten old ones\u200c would be removed.<\/p>\n<p>   \u200d &#8211; **Government\u2062 Efficiency Commission**: He\u200c plans to establish\u200c this commission, chaired by Elon Musk, to\u2062 audit federal spending and recommend reforms.<\/p>\n<p>   \u2063 &#8211; \u2062**Tax Policy**: \u200cTrump proposed making tax \u2062cuts permanent and introducing incentives for domestic manufacturing to increase\u2064 supply\u200d and lower prices.<\/p>\n<p>4. **Biden Administration&#8217;s Policies**: The text argues that Biden&#8217;s administration imposed restrictions on oil drilling and raised regulatory\u2063 burdens, contributing to inflation.<\/p>\n<p>5. **Political Context**: \u200bThere is \u2064a clear political undertone advocating for Trump&#8217;s return to\u200c presidency as a solution to inflation, contrasting his proposed policies with those of Biden and Kamala Harris, who are \u200bdepicted as responsible for the current \u2062economic issues.<\/p>\n<p>the article takes \u2062a critical stance on Biden&#8217;s economic policies while promoting Trump&#8217;s planned strategies \u200cto combat\u200c inflation should he win reelection.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> <script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><script>console.log(\"ad slot (REP_0)\")<\/script><script>console.log(\"ad slot (REP_1)\")<\/script><script>console.log(\"ad slot (REP_2)\")<\/script><script>console.log(\"ad slot (REP_3)\")<\/script><\/p>\n<p>President Donald Trump laid out five steps Thursday that he would take to &ldquo;rapidly defeat&rdquo; the high level of inflation seen during the Joe Biden-Kamala Harris administration.<\/p>\n<p>Meanwhile, Harris is proposing <a href=\"https:\/\/www.westernjournal.com\/saying-loud-dems-want-harris-hide-policies-election\/\" target=\"_blank\" rel=\"noopener\">doubling down<\/a> on the very policies that have brought the nation to an economic and fiscal precipice in the first place.<\/p>\n<p>&ldquo;We delivered an economic miracle, which Kamala and Joe turned into an economic disaster, just like they turned the border, and indeed the whole world, into a catastrophic surrender,&rdquo; Trump <a href=\"https:\/\/www.youtube.com\/watch?v=hXk2P89BVXs\" target=\"_blank\" rel=\"noopener\">said<\/a> while speaking to the <a href=\"https:\/\/www.westernjournal.com\/trump-address-ny-econ-group-jfk-pitched-tax-cut-plan-60s-harris-proposes-tax-increases\/\" target=\"_blank\" rel=\"noopener\">Economic Club of New York<\/a>.<\/p>\n<p>He noted there was &ldquo;virtually no inflation&rdquo; during his four year in office. When he left in January 2021 inflation was at an annual rate of <a href=\"https:\/\/www.usinflationcalculator.com\/inflation\/current-inflation-rates\/\" target=\"_blank\" rel=\"noopener\">1.4 percent<\/a>.<\/p>\n<p>Prices are up an average of<a href=\"https:\/\/finance.yahoo.com\/news\/bidens-big-inflation-problem-prices-are-now-up-nearly-20-since-he-took-office-080049551.html\" target=\"_blank\" rel=\"noopener\"> 20 percent<\/a> since Biden took office and that does not include the increased<a href=\"https:\/\/www.politico.com\/news\/2024\/06\/12\/debt-burdened-americans-find-no-reprieve-even-as-inflation-cools-00162921\" target=\"_blank\" rel=\"noopener\"> borrowing costs<\/a> Americans are experiencing when it comes to their homes, cars and credit card payments.<\/p>\n<p>  <script> \t\t\t\tif( ! getCookie( 'ff_subbed' ) ) if( typeof FFADS.replace_ict !='undefined' ) if( FFADS.replace_ict ) eval( FFADS.replace_ict ); \t\t\t<\/script> <\/p>\n<p>The Federal Reserve <a href=\"https:\/\/www.westernjournal.com\/federal-reserve-chair-admits-confidence-rattled-wholesale-inflation-unexpectedly-surges\/\" target=\"_blank\" rel=\"noopener\">increased interest rates<\/a> in recent years to combat the inflation brought about by the record federal deficit spending during the current administration.<\/p>\n<p>&ldquo;My plan will rapidly defeat inflation, quickly bring down prices and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-pledges-to-create-musk-led-govt-efficiency-commission\/\" title=\"Trump Pledges To Create Musk-Led Govt. &#039;Efficiency Commission&#039;\">reignite explosive economic growth<\/a>,&rdquo; Trump asserted.<\/p>\n<p>He listed five steps that he would take to bring down inflation and get the economy growing strongly again.<\/p>\n<p>&ldquo;First, I will end Kamala Harris&rsquo;s anti-energy crusade and implement a policy of energy abundance, energy independence, and even energy dominance. We have more liquid gold under our feet than any other country, including Russia and Saudi Arabia will be using it,&rdquo; the former president said.<\/p>\n<p>&ldquo;My plan will cut energy prices in half or more than that within 12 months of taking office. It will be an economic revival of our country like no one has ever seen before. Energy was what caused our problem initially [with inflation]. Energy is going to bring us back,&rdquo; Trump added.<\/p>\n<p>The Biden-Harris administration <a href=\"https:\/\/www.westernjournal.com\/gop-lawmakers-force-bidens-hand-oil-introduce-independence-russian-energy-act\/\" target=\"_blank\" rel=\"noopener\">greatly restricted<\/a> oil exploration and drilling on federal lands and offshore immediately after taking office, which included closing down drilling in the Arctic National Wildlife Refuge in Alaska. It is believed to have one of the <a href=\"https:\/\/www.doi.gov\/sites\/default\/files\/archive\/news\/archive\/03_News_Releases\/030312.htm\" target=\"_blank\" rel=\"noopener\">largest oil reserves<\/a> in the world.<\/p>\n<p>Oil production in the U.S. within the last several months finally <a href=\"https:\/\/www.eia.gov\/dnav\/pet\/hist\/LeafHandler.ashx?n=pet&amp;s=mcrfpus2&amp;f=m\" target=\"_blank\" rel=\"noopener\">reached<\/a> the same level it was under Trump in 2019, because of these policies, though the need is greater now than in 2019, because the population is millions more.<\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/hXk2P89BVXs?si=zQvbIerOV8OdxFDB\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Trump argued if Biden had just kept his policies in place, the United States would be energy dominate and producing four times as much as it is now.<\/p>\n<p>The second way Trump would bring down in inflation is to terminate the Green New Deal initiatives enacted under Biden via the<a href=\"https:\/\/www.westernjournal.com\/humiliation-kamala-harris-biden-admits-inflation-reduction-act-name-mistake\/\" target=\"_blank\" rel=\"noopener\"> Inflation Reduction Act,<\/a> which are running <a href=\"https:\/\/www.westernjournal.com\/bidens-budget-promises-deficit-cut-inflation-reduction-acts-massive-cost-overruns-cast-doubt\/\" target=\"_blank\" rel=\"noopener\">three times over cost estimates<\/a>.<\/p>\n<p>Researchers at the University of Pennsylvania&rsquo;s Wharton School of Business, working with the investment firm Goldman Sachs, <a href=\"https:\/\/budgetmodel.wharton.upenn.edu\/estimates\/2023\/4\/27\/update-cost-climate-and-energy-inflation-reduction-act\" target=\"_blank\" rel=\"noopener\">updated<\/a> their&nbsp;estimated cost&nbsp;of the IRA&rsquo;s green initiatives from $385 billion over a 10-year period to in excess of $1 trillion in April 2023.<\/p>\n<p>&ldquo;Third, I will launch a historic campaign to liberate our economy from crippling regulation,&rdquo; Trump said. &ldquo;My first term, I pledged to cut two old regulations for every one new regulation, and we did much better than that, as I&rsquo;ve said. Yet over the past four years, Kamala has added <a href=\"https:\/\/www.heritage.org\/budget-and-spending\/commentary\/kamala-harris-you-cant-run-americas-cost-living-crisis-and-your\" target=\"_blank\" rel=\"noopener\">$6,300 a year<\/a> in <a href=\"https:\/\/budget.house.gov\/press-release\/chairman-arrington-responds-to_american-action-forum-aaf-report-bidens-regulations-costing-nearly-14-trillion\" target=\"_blank\" rel=\"noopener\">regulatory costs<\/a> onto the backs of the typical American family.&rdquo;<\/p>\n<p>&ldquo;To stop this onslaught at lower prices, I&rsquo;m pledging today that in my second term, we will eliminate a minimum of 10 old regulations for every one new regulation. We&rsquo;ll be able to do that quite easily, actually,&rdquo; he added.<\/p>\n<p>Fourth, Trump will establish a Government Efficiency Commission, which billionaire Elon Musk has agreed to chair.<\/p>\n<p>It will be &ldquo;tasked with conducting a complete financial and performance audit of the entire federal government and making recommendations for drastic reforms. We need to do it. Can&rsquo;t go on the way we are now.&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">TRUMP: &ldquo;At the suggestion of Elon Musk &mdash; I will create a Government efficiency Commission tasked with conducting a complete financial and performance audit of the entire federal government and making recommendations for drastic reforms. Elon.. has agreed to head that task force&rdquo; <a href=\"https:\/\/t.co\/a48F9RUC1f\">pic.twitter.com\/a48F9RUC1f<\/a><\/p>\n<p>&mdash; ALX &#127482;&#127480; (@alx) <a href=\"https:\/\/twitter.com\/alx\/status\/1831735405269385603?\">September 5, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Musk <a href=\"https:\/\/www.westernjournal.com\/elon-musk-lays-exact-cause-inflation-harris-walz-exacerbate-problem\/\" target=\"_blank\" rel=\"noopener\">explained<\/a> primary cause of inflation in a post on X last month is response to Harris&rsquo; plan to institute communist-style price controls.<\/p>\n<p>&ldquo;The rise in prices (inflation) is caused by government overspending, which increases the amount of money faster than the increase in goods &amp; services output,&rdquo; he wrote.<\/p>\n<p>&ldquo;This is further exacerbated by excess regulation, which prevents the market from solving an unmet need (eg housing in high-demand areas),&rdquo; Musk added.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The rise in prices (inflation) is caused by government overspending, which increases the amount of money faster than the increase in goods &amp; services output.<\/p>\n<p>That is the vast majority of the problem.<\/p>\n<p>Inflation was particularly bad during the Covid years, as there was massive&hellip; <a href=\"https:\/\/t.co\/G9s6OKvZyO\">https:\/\/t.co\/G9s6OKvZyO<\/a><\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1821917780381208712?\">August 9, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The fifth way Trump would tackle inflation is by making the provisions in the <a href=\"https:\/\/www.westernjournal.com\/report-trumps-tax-cuts-end-2025-demand-congress-extend-now\/\" target=\"_blank\" rel=\"noopener\">2017 Tax Cuts and Jobs Act<\/a> permanent, and adding some new reforms to incentivize the domestic manufacturing of goods. The <a href=\"https:\/\/www.westernjournal.com\/mark-levin-uses-6th-grad-econ-test-show-harris-inflation-plan-wont-work\/\" target=\"_blank\" rel=\"noopener\">greater the supply of goods<\/a>, the lower the cost.<\/p>\n<p>&ldquo;To further support the revival of American manufacturing, my plan calls for expanded R&amp;D tax credits, 100 percent bonus depreciation, expensing for new manufacturing investments, and a reduction in the corporate tax rate from 21 percent to 15 percent, solely for companies that make their product in America,&rdquo; he said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BREAKING: Trump just announced a HISTORIC plan to cut the corporate tax rate to 15% for companies that make their products in America<\/p>\n<p>&ldquo;To further support the revival of American manufacturing, my plan calls for expanded R&amp;D tax credits, 100% bonus depreciation, expensing for new&hellip; <a href=\"https:\/\/t.co\/WjbhiECIbI\">pic.twitter.com\/WjbhiECIbI<\/a><\/p>\n<p>&mdash; George (@BehizyTweets) <a href=\"https:\/\/twitter.com\/BehizyTweets\/status\/1831735783239098611?\">September 5, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Meanwhile, <a href=\"https:\/\/www.forbes.com\/sites\/robertwood\/2024\/08\/28\/kamala-harris-has-big-plans-for-your-taxes-here-is-what-you-could-pay\/\" target=\"_blank\" rel=\"noopener\">Forbes<\/a> reported that Harris wants to allow key provisions of the Tax Cuts and Jobs Act to expire and raise the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-commerce-secretary-claims-no-shred-of-evidence-that-trump-tax-cuts-increased-growth-and-productivity\/\" title=\"Biden\u2019s Commerce Secretary Claims No \u2018Shred Of Evidence\u2019 That Trump Tax Cuts \u2018Increased Growth And Productivity\u2019\">corporate income tax rate<\/a> from 21 to 28 percent, which, when combined with state corporate taxes would make the U.S. among the highest taxed countries in the world for businesses.<\/p>\n<p>That would of course incentivize businesses to move their operation overseas to lower tax climates.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Under the House tax plan, the U.S. would have the third-highest corporate rate in the industrialized world, behind only Colombia and Portugal: <a href=\"https:\/\/t.co\/o7UUMh0P5J\">https:\/\/t.co\/o7UUMh0P5J<\/a> <a href=\"https:\/\/t.co\/JxSG1514zg\">pic.twitter.com\/JxSG1514zg<\/a><\/p>\n<p>&mdash; Tax Foundation (@TaxFoundation) <a href=\"https:\/\/twitter.com\/TaxFoundation\/status\/1440499612712767490?\">September 22, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The best economic path forward to lower inflation is clear: Put Trump back in for a second term.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\">  <\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> <label>* Name<\/label> <br \/> <input type=\"text\" name=\"name\" required> <\/div>\n<div class=\"sc--field\"> <label>* <\/label> <br \/> <input type=\"text\" name=\"\" required> <\/div>\n<p> <label>* Message<\/label> <br \/> <textarea name=\"message\" required><\/textarea>  <\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> <input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\">  <\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> <script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! 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In contrast, Harris is advocating for a continuation of the very policies that have led to the current economic and fiscal crisis. Trump stated, \u201cWe delivered an economic miracle, which Kamala and Joe turned into an economic disaster, just as they transformed the border and indeed the entire world into a catastrophic surrender,\u201d while addressing the Economic Club of New York. He emphasized that there was \u201cvirtually no inflation\u201d during his presidency, with an annual rate of 1.4 percent when he left office in January 2021. Since Biden took office, prices have risen by an average of 20 percent, not accounting for increased borrowing costs faced by Americans regarding homes, cars, and credit cards.<\/p>\n<p>The Federal Reserve has raised interest rates in recent years to tackle inflation resulting from record federal deficit spending under the current administration. Trump claimed that his plan would quickly reduce inflation and stimulate robust economic growth. He proposed five steps to achieve this goal: <\/p>\n<p>1. **Energy Policy**: He would end what he termed Kamala Harris\u2019s anti-energy agenda and promote energy abundance and independence in America.<br \/>\n2. **Green New Deal Repeal**: Trump plans to eliminate Green New Deal initiatives enacted under Biden through the Inflation Reduction Act due to their excessive costs.<br \/>\n3. **Regulatory Reform**: He intends to launch a campaign aimed at reducing regulations significantly more than new ones are introduced.<br \/>\n4. **Government Efficiency Commission**: A commission led by Elon Musk will be established to audit federal government finances thoroughly.<br \/>\n5. **Tax Reforms for Manufacturing**: Trump aims to make provisions from the 2017 Tax Cuts and Jobs Act permanent while introducing new incentives for domestic manufacturing.<\/p>\n<p>In contrast, reports indicate that Harris wants key provisions of Trump&#8217;s tax cuts to expire while increasing corporate tax rates significantly\u2014potentially making U.S businesses among those facing some of the highest taxes globally.<\/p>\n<p>Trump concluded that reinstating him for a second term is essential for effectively lowering inflation moving forward<\/p>\n","protected":false},"author":1,"featured_media":2338215,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/09\/Picture-2024-09-07T084702.173.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[3620,9168,3634],"class_list":["post-2338214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-biden","tag-economy","tag-trump"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/09\/Picture-2024-09-07T084702.173.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2338214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2338214"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2338214\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2338215"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2338214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2338214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2338214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}