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[size=30]Watch: Donald Trump gives economic speech[/size]
[size=30]Donald Trump's campaign outlines broad strokes of economic plan[/size]
video at link
Donald Trump made an audacious promise to create 25 million jobs over the next decade, with an economic plan that cuts taxes and regulations – including clean energy rules – and reduces spending on a host of federal programs.
The plan, outlined by Trump's campaign Thursday morning ahead of a speech at the New York Economic Club, promises to reduce taxes for every bracket, with the largest reductions by percentage for lower income families and a drastic reduction in the corporate tax rate.
Many elements of the plan, including decreased environmental regulations on energy companies and a halt to certain U.S. trade deals, have long been part of Trump’s stated plans. The newest iteration was intended to bring them together into a cohesive economic philosophy.
But the plan lacks details on costs and how it will affect the deficit.
9:20 a.m.: An earlier version of this post incorrectly stated that Trump promised to reduce tax cuts. He promised to reduce taxes.
http://www.latimes.com/nation/politics/trailguide/la-na-trailguide-updates-watch-live-donald-trump-gives-economic-1473952782-htmlstory.html
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