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The group includes former treasury, commerce and labor secretaries; a former vice-chair of the Federal Reserve; and a Nobel laureate, among many others.
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Of Donald Trump, the group writes:
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Donald Trump’s proposed policies risk reigniting inflation and threaten the United States’ global standing and domestic economic stability. Nonpartisan researchers have predicted that if Donald Trump successfully enacts his agenda, it will lower GDP growth and increase the unemployment rate.
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The endorsements of Harris follow similar open letters from a group of more than 100 Republican foreign policy and national security officials, and more than 700 former military and national security officials.
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Good morning, US politics blog readers. Joe Biden will make one of the final big speeches of his presidency at 10am ET today, when he addresses the UN general assembly in New York. The annual gathering of world leaders is a significant moment for any president, but even more so for Biden, because he’s due to depart the White House in January. His administration has not given many hints of what he might say, but in his speech you can expect him to make the case for his handling of everything from climate change to Israel’s invasion of Gaza, and potentially the escalating crisis in Lebanon.
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Donald Trump, meanwhile, will be in Savannah, Georgia, to give a speech at 1pm billed as discussing his policy on taxation and manufacturing. The ex-president’s economic proposals have centered on a combination of tariffs and tax cuts that he argues would lower prices for consumer, after several years of high inflation under Biden. Economists aren’t so sure, and chances are Trump veers away from the subject anyway – he’s known to go off topic throughout his speeches. We’ll be keeping an eye on what both men have to say.
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Here’s what else is going on:
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Antony Blinken may soon become the latest Biden administration official to be held in contempt. The Republican-led House foreign affairs committee has demanded he testify today, but he has reportedly told them he is busy with the UN general assembly, and when the committee meets beginning at 10.15am, they may vote to sanction him.
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A scandal brews in New York City’s suburbs. The New York Times reported yesterday that freshman Republican congressman Anthony D’Esposito gave part-time jobs to both his lover and his fiancee’s daughter, which may be a violation of House ethics rules.
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A vote in the House on a short-term funding measure to prevent a government shutdown is expected on Wednesday.
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Main Events
More than 400 economists and experts endorse Harris
Kamala Harris The letter was endorsed by more than 400 economists and economic policy experts, who said the vice president would “work tirelessly to build a strong, growth-oriented economy for all Americans.”
The group includes former secretaries of the Treasury, Commerce, and Labor, a former vice chair of the Federal Reserve, a Nobel Prize winner, and many other figures.
of Donald TrumpThe group wrote:
Donald Trump's proposed policies risk rekindling inflation, threatening the United States' international standing and domestic economic stability. Nonpartisan researchers predict that if Donald Trump's policies are implemented successfully, GDP growth will fall and unemployment will rise.
The endorsement of Harris follows a similar open letter from more than 100 Republican foreign policy and national security officials, and more than 700 former military and national security officials.
Biden to give final speech to UN leaders as Trump touts manufacturing, tax policies in Georgia
Good morning to all readers of the US Politics Blog. Joe Biden Biden will address the United Nations General Assembly in New York at 10 a.m. ET today, delivering one of his final major speeches as president. The annual gathering of world leaders is a key moment for any president, but it's even more significant for Biden because he plans to leave the White House in January. The administration has not given many hints about what Biden will say, but the speech is expected to make the case for addressing everything from climate change to the Israeli invasion of Gaza and the potentially worsening crisis in Lebanon.
Donald TrumpMeanwhile, Trump is scheduled to deliver a speech at 1pm in Savannah, Georgia, to discuss his tax and manufacturing policies. After years of high inflation under Biden, Trump claims that his economic policies will be centered around a combination of tariffs and tax cuts to lower prices for consumers. Economists are not so convinced, and it's likely that Trump will stray from the topic anyway. He is known for constantly straying from topic during speeches. It will be interesting to see what both men say.
Here's what else is going on:
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Antony Blinken Trump may soon be charged with contempt as a senior Biden administration official. The Republican-led House Foreign Affairs Committee called on Trump to testify today, but he reportedly replied that he was busy with the UN General Assembly, and could impose sanctions on Trump when the committee meets at 10:15am.
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Scandal erupts Suburban New York City. The New York Times Reported yesterday The freshman Republican congressman Anthony D'Esposito He gave part-time jobs to both his mistress and his fiancée's daughter, a move that may violate House ethics rules.
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Voting in the House of Representatives A Cabinet meeting on short-term funding measures to prevent a government shutdown is scheduled for Wednesday.
