Vice President Kamala Harris and former President Donald Trump met for the first time Tuesday in their first presidential debate of the 2024 election, hosted by ABC News.
The high-stakes, 90-minute debate was held at Philadelphia's National Constitution Center, with Trump and Harris arguing their cases for the White House.
The 16 economists are George Akerlof, Angus Deaton, Claudia Goldin, Oliver Hart, Eric S. Maskin, Daniel L. McFadden, Paul R. Milgrom, Roger B. Myerson, Edmund S. Phelps, Paul M. Romer, Alvin E. Roth, William F. Sharp, Robert J. Shiller, Christopher A. Sims, Joseph Stiglitz and Robert B. Wilson.Trump wants a "20% tax on everyday goods" that would cost families "about $4,000 more a year."Trump has proposed a universal "10-20%" tariff on all U.S.
He has proposed exempting Social Security benefits and tips from taxation, as well as extending individual tax cuts enacted in 2017.Trump said, "We have inflation like very few people have ever seen before. Probably the worst in our nation's history."It's true that early in Joe Biden's presidency the annual inflation rate peaked at roughly 9% , but that's not the highest it's ever been.
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