Thursday, April 25, 2024
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Trump vs. Biden: Where they stand on health, economy, more

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Washington: President Donald Trump and his Democratic challenger, Joe Biden, both promise sweeping progress over the next four years – via starkly different paths.

Trump, like many fellow Republicans, holds out tax reductions and regulatory cuts as economic cure-alls and frames himself as a conservative champion in seemingly endless culture wars.

Biden, for his part, sounds every bit the Democratic standard-bearer as he frames the federal government as the collective force to combat the coronavirus, rebuild the economy and address centuries of institutional racism and systemic inequalities.  A look at where the rivals stand on key issues:

ECONOMY, TAXES

Decades-low unemployment and a soaring stock market were Trump’s calling cards before the pandemic. Trump has predicted that the US economy will rebound in the third and fourth quarters of this year and is set to take off like a rocket ship in the new year, a prediction that bakes in the assumption that a coronavirus vaccine or effective therapeutics have hit the market that allow life to get back to normal.

Biden pitches sweeping federal action as necessary to avoid an extended recession or depression and to address long-standing wealth inequality that disproportionately affects nonwhite Americans.

His biggest-ticket plans: a USD 2 trillion, four-year push intended to eliminate carbon pollution in the U.S. energy grid by 2035 and a new government health insurance plan open to all working-age Americans (with generous subsidies).

EDUCATION

Trump has used his push for schools to fully reopen this fall amid the pandemic as an opportunity to spotlight his support for charter schools and school choice.

For most of Trump’s first term, his administration has sought major increases to federal charter school grant aid. But Congress has responded with relatively small increases.

With higher education, Trump has repeatedly complained that campuses are beset by radical left indoctrination. He recently threatened to defund universities, saying that he was having the Treasury Department reexamine tax-exempt status and federal funding of unspecified schools.

Biden wants the federal government to partner with states to make public higher education tuition-free for any student in a household earning up to USD 125,000 annually. The assistance would extend to everyone attending two-year schools, regardless of income. He also proposes sharply increasing aid for historically Black colleges.

His overall education plans carry a 10-year price tag of about USD 850 billion.

Biden also opposes taxpayer money being routed to for-profit charter school businesses, and he’s pledged that his secretary of education will have classroom teaching experience.

HEALTH CARE

As a candidate for the White House, Trump promised that he would immediately replace President Barack Obama’s health care law with a plan of his own that would provide insurance for everybody.

Biden wants a Medicare-like public option to compete alongside private insurance markets for working-age Americans, while increasing premium subsidies that many working-class and middle-class workers use already under the Affordable Care Act. (AP)

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