2024 Republican Candidates’ Promised Actions Revealed




2024 Republican Presidential Candidates’ Views on Economy and Inflation

2024 Republican Presidential Candidates’ Views on Economy and Inflation

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Watch the Fourth Republican Primary Debate

NewsNation will host the fourth Republican primary debate on Dec. 6 at 8 p.m. E.T. The debate will be aired and streamed live on all NewsNation platforms. Not sure how to find us on your TV? Use our ChannelFinder app. If you have a question for the candidates, submit it here.

The Economy and Inflation: Key Issues in the 2024 Race

Though the economy is recovering from disruptions caused by the pandemic, some Americans continue to feel the pain of inflation and looming economic uncertainty, and questions about how to fix the remaining economic issues are among the most important discussions in the 2024 race. A NewsNation/DecisionDesk HQ poll released Monday revealed the economy was the top issue for more than half of Americans and 92% reported inflation was still a concern.

How to Watch the Fourth Republican Presidential Debate

The Economy and Inflation: Persistent Concerns

While recent reports indicate that inflation has reached its lowest level in 2.5 years with the unemployment rate staying below 4% for the longest stretch since the 1960s, concerns over the economy persist. Inflation — the rate at which costs increase — is currently cooling, but many voters are still feeling the heat of high prices on everyday purchases.

2024 Election: Coverage of Key Issues

Ahead of the 2024 election, NewsNation is committed to covering the issues that matter most to voters so they can make the most informed choices possible at the polls. To that end, we have broken down the political views of each candidate in our voter guide.

Republican Candidates’ Views on the Economy and Inflation

Donald Trump

  • Vows to create “lower taxes, bigger paychecks, and more jobs for American workers” by enacting tariffs.
  • Wants to institute a tariff system of around 10% on most foreign goods.
  • Plans to ask Congress to approve a “Trump Reciprocal Trade Act” that would give the president authority to impose a reciprocal tariff on any country that imposes one on the U.S.
  • Proposing a four-year plan to phase out Chinese imports of essential goods like pharmaceuticals, steel, and electronics.
  • In 2017, the former president signed $1.5 trillion in tax cuts and he claims to have achieved the lowest unemployment rate in 50 years prior to the COVID-19 pandemic.
  • If reelected, he says he will lower interest rates.

Ron DeSantis

  • Running on an economic plan called “We win. They lose.”
  • Wants to make the cost of living more affordable for working families and “beat the elites.”
  • Plan includes achieving 3% economic growth by keeping taxes low, creating a fairer labor market by securing the border, reining in the federal reserve, and combating any wasteful federal spending.
  • DeSantis’ blueprint for economic prosperity touts his purported economic success in the Sunshine State. The Florida governor’s office maintains the state “continues to outpace the nation in building a robust economy.

Nikki Haley

  • Economic plan features tossing the federal gas and diesel tax, slashing “income taxes for working families,” and vetoing any spending bill “that doesn’t take us back to pre-COVID spending levels.”
  • Blames inflation on high government spending, saying: “Americans are tired of working for Washington.”
  • Wants to end the federal gas tax.
  • Reportedly recommends “collapsing” tax brackets.

Asa Hutchinson

  • Plans on cutting taxes and reducing regulations to boost the private sector.
  • Wants to grow the labor pool, especially in manufacturing.
  • While serving as the Arkansas governor, he secured more than $700 million per year in tax cuts, safeguarded retirement pay for veterans from the state’s income tax, and created over 100,000 new jobs, his campaign said.
  • Reportedly recommends work requirements for welfare as a cost-cutting measure.
  • www.khon2.com – 2023-12-06 00:00:09

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