What you need to know about the 2020 U.S. election today – National


President Donald Trump’s taxes are expected to dominate the election platform on Monday, even as Republicans in the Senate try to push forward the swift confirmation of Supreme Court candidate Amy Coney Barrett.The New York Times reported that Trump paid just $ 750 in federal income taxes in 2016 and 2017, after years of reporting heavy losses from his business ventures to offset hundreds of millions of dollars. of income. According to Reuters, Trump called the report “fake news”.

Barrett is expected to begin meeting with senators ahead of a multi-day confirmation hearing scheduled for Oct. 12, when she is faced with questions about her judicial philosophy and approach to law.

Read more:

US elections: how Trump and Biden are preparing for the first presidential debate of 2020

Trump’s Supreme Court nomination and taxes will likely be hot topics in Tuesday’s first televised debate between Trump and his challenger, Democratic candidate Joe Biden.

The story continues under the ad

Voting has already started in some states

But for millions of Americans, election day has already arrived.

State election officials have already cast more than 3 million postal and postal votes in Arizona, nearly 5 million in Florida and over 1.1 million in Wisconsin, according to data collected by The Associated Press . Early voting also takes place in several other states, including Minnesota, North Carolina, and Virginia.

As expected, Democrats have a significant advantage in the number of ballots cast so far in most states. It’s too early to read too much into the numbers except to remember that anything that happens from now on has the potential to shift votes in real time. It is in progress.

Coronavirus: Biden compares COVID-19 deaths in US and Canada to show Trump administration failures

Coronavirus: Biden compares COVID-19 deaths in US and Canada to show Trump administration failures

Investor view

Investors are already trying to identify potential winners and losers in the markets.

The story continues under the ad

For markets, “the challenge is less of who wins and more of how narrow the victory could be, resulting in a contested election and leaving the market at a deadlock in Congress at a time when government support. is essential, ”AxiCorp’s Stephen Innes said in a comment.

Shares have been erratic this month, with indices setting new highs to start the month, then falling sharply as investors feared some tech giants’ values ​​had risen too high.

American point of view

Global deaths from the coronavirus are expected to hit a dark milestone this week, surpassing one million. Biden has made Trump’s handling of the pandemic a key part of his campaign.

Americans are more likely to see Biden as the strongest candidate when it comes to leading the country’s response to the coronavirus, preserving civil rights and restoring confidence in government, according to national Reuters / Ipsos poll . Trump is more likely to be seen as better for the economy.

Click to play the video

Biden says Amy Coney Barrett has ‘proven herself’ in criticizing SCOTUS decisions upholding Obamacare

Biden says Amy Coney Barrett has ‘proven herself’ in criticizing SCOTUS decisions upholding Obamacare

According to the Associated Press, the race is tightening somewhat in some states, but Biden maintains a remarkably stable lead over Trump in most national polls five weeks before election day as early voting intensifies. Still, the Republican president has at least two major opportunities to improve his position this week.

The story continues under the ad

First, Trump and his allies are poised to dominate the national conversation as they step up their efforts to confirm Supreme Court candidate Amy Coney Barrett, whom the president officially presented to the United States on Saturday. Trump’s team is betting that the evolution of the confirmation fight will help unify Republicans behind his candidacy and divert the national conversation away from his fight to control the pandemic.

Second, the first general election debate gives Trump an opening to prime time to test Biden’s physical and mental strength once and for all. Trump and Biden clash Tuesday night in Cleveland, a much-anticipated affair that should present a stark contrast in politics and personality. Biden is advised to avoid direct attacks, but based on past performance, Trump will not ease the way.

And if Trump has any opportunities this week, so does Biden. Democrats took advantage of a New York Times report that the president paid little or no federal income tax for several years because of huge losses in his businesses.

– With files from Reuters

© 2020 The Canadian Press


Please enter your comment!
Please enter your name here