Job for controversial billionaire elon musk. Here s ritika gupta with the details. The main highlight of donald trump s address was a push to cut the corporate tax rate to 15% for companies that make their products here in the us. This would be a big reduction from the current rate of 21%. A key policy victory from trump s own 2017 tax law set to expire in 2025. Now, while a 15% corporate rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37%. His proposal is in stark contrast to his rival, kamala harris, who has called to raise the corporation tax to 28%. Trump s proposals also include an idea from tesla ceo elon musk to create a government efficiency commission. This would be to eliminate wasteful federal spending a shot at the biden harris administration s spending levels. I will create a government efficiency c
Burnett outfront starts, right now outfront next, the breaking news, the harris campaign announcing a massive fundraising haul, more than double humbling trump s as attack dog, walz and vance hold dueling rallies tonight breaking news of the investigation to the deadly georgia school shooting at this hour, a source is telling cnn cnn that the alleged gunman s father told investigators that he bought the gun as a gift for his son months after sun was investigated for a school shooting, breath plus a cnn exclusive, who was cruelty on display video of executions at the hands of ruthless russian soldiers. Let s go outfront and good evening. I m erin burnett, the breaking news tonight. Kamala harris with jaw dropping fundraising numbers, just coming out cnn is reporting that harris more than doubled what trump raised in august we know that trump raised $130 million. So just to state the obvious, that means harris did better than $260 million in just one month and that is a sign of what we h
Rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37 . His proposal is in stark contrast to his rival, kamala harris, who has called to raise the Corporation Tax to 28 . Trumps proposals also include an idea from Tesla Ceo Elon musk to create a Government Efficiency Commission. This would be to eliminate wasteful federal spending a shot at the biden harris administrations spending levels. I will create a Government Efficiency Commission tasked with conducting a complete financial and Performance Audit of the entire federal government, and making recommendations for drastic reforms. We need to do it. Cant go on the way we are now. And elon, because hes not very busy, has agreed to head that task force. This comes as both Trump And Harris are ramping up their efforts to court Swing State voters as well as Business Exe
Has the details from Los Angeles. Evan, what do we now . Well, this was a bit of a Surprise Gambit that we had in court here, just about 20 minutes ago here in Los Angeles Dana Hunter bidens attorneys asked for him to enter an unusual plea. Its called an Alford Plea where Hunter Biden would accept whatever punishment that judge doles out, but he maintains his innocence and instead of Pleading Guilty, hes maintaining his or is attempting to maintain his innocence. Of course, as expected the Justice Department does not does not agree with this and they objected in court to this request from Hunter Bidens attorneys and now the judge has called for break for a couple of hours while he considers what steps to take next. Now this is unusual as you pointed out as i pointed out, today, obviously was the first day of Jury Selection and this trial this is a Hunter Bidens second time going on trial earlier this year, he was found guilty on gun charges in delaware. And these charges have to do wit
Opens fire on classmates. How this suspect got the weapon into school, and why officials warned about him and before the shooting and steeling themselves for a fight, us steel warning, it cant survive in unless a japanese companies plan to purchase it goes through. But President Biden appears ready to kill the deal. Thousands of jobs on the line. Were going to speak to you Unions President about what should happen. Were following these major developing stories and many more all coming in right here to Cnn News central former President Donald Trump just wrapped up his Economics Speech to Business Leaders in New York, where he touted the strength of the u. S. Economy under his first term. And he vowed that if reelected, he would impose sweeping tariffs on imports. Also wrapping up earlier today, a critical hearing in trumps federal Elections Aversion Case here in washington, dc. Special counsel, prosecutors and trumps attorneys argued in front of Judge Tanya Chutkan about how the case sh