Wednesday, August 28, 2024

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1/ Trump’s economic proposals would increase the national debt by $5.8 trillion over 10 years – almost five times more than Kamala Harris’ policy plans, which would add $1.2 trillion. According to nonpartisan estimates, Trump’s plan to permanently extend the 2017 tax cuts, eliminate taxes on Social Security benefits, and reduce the corporate income tax rate, would add a net $5.8 trillion deficits over the next 10 years. The Harris analysis, meanwhile, showed that her plan to expand the child tax credit, the earned income tax credit, extend enhanced premium tax credits, provide support to first-time homebuyers, and raise the corporate tax income rate to 28% would cost $1.2 trillion over 10 years. The Harris campaign called Trump’s agenda “an inflation and deficit bomb,” while the Trump campaign blaming her for a “Biden-Harris inflation tax.” (CNBC / Axios / NBC News / The Hill)

2/ The Supreme Court refused to temporarily lift a nationwide injunction blocking the Biden administration’s federal student loan repayment plan. In an unsigned order, the court said it “expects” the appeals court handling the case to “render its decision with appropriate dispatch.” More than 8 million people are enrolled in the Saving on a Valuable Education program, which offers lower monthly payments and a faster path to loan cancellation. (Associated Press / Washington Post / CNN / NBC News / New York Times)

3/ Two members of Trump’s campaign staff had a verbal and physical altercation with a staff member at Arlington National Cemetery where Trump was staging a campaign stunt. Trump, who once disparaged members of the U.S. military who had been captured or killed as “losers” and “suckers,” participated in a wreath-laying ceremony at the Tomb of the Unknown Soldier and then went to Section 60 of the cemetery, reserved for those recently killed in America’s wars abroad. Arlington officials had “reinforced and widely shared” to the Trump campaign that federal laws prohibits campaign activities by photographers “or any other persons attending for purposes, or in direct support of a partisan political candidate’s campaign” in Section 60. Nevertheless, when a cemetery official tried to prevent Trump’s campaign from taking photos and videos in Section 60, campaign staff members pushed and verbally attacked the cemetery official. The Arlington National Cemetery, meanwhile, said it “can confirm there was an incident, and a report was filed.” (NPR / NBC News / Axios / WTF Just Happened Today? for more news and headlines, brought to you by Matt Kiser. The WTFJHT Podcast is narrated and produced by Joe Amditis.