In a major policy speech in North Carolina, Vice President Kamala Harris is set to propose new measures to combat child poverty and assist first-time homebuyers. The proposals include expanding a tax credit that significantly reduced child poverty in the past and providing federal assistance for down payments on homes. With the aim of easing financial burdens on families, Harris is taking a proactive approach to addressing the impact of inflation on the American public. Scheduled for 2:45pm ET, her speech will likely generate both support and criticism from various sectors.
Meanwhile, former President Donald Trump is considering resuming outdoor rallies following a recent incident where an assassin targeted his indoor event. Measures such as bulletproof glass and drones for security have been approved by the Secret Service. In other news, Trump’s running mate JD Vance will hold a campaign event in Milwaukee, focusing on crime, while the Democratic national convention is set to begin with a key speech by Harris. Additionally, President Joe Biden will declare a national monument commemorating a 1908 race riot in Springfield, Illinois, highlighting historical racial tensions.
Trump has announced a five-person presidential transition team, including his running mate Vance, in anticipation of the outcome of the upcoming election. The panel, co-chaired by business figures with ties to Trump, aims to ensure a smooth transition of power in the event of victory. As the political landscape continues to evolve, these developments underscore the importance of economic and societal issues in the current political discourse.
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