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Nikki Haley unveils economic proposal ahead of second GOP debate

  • Republican presidential candidate Nikki Haley has unveiled her economic proposal, which aims to cut middle-class taxes, address inflation and national debt, and reduce federal government control. Haley plans to eliminate federal gas and reduce income tax rates, make small-business tax relief permanent, and end certain tax deductions. She also believes that infrastructure projects should compete for funding with other spending priorities rather than having dedicated funding.
  • Haley intends to veto any budget that doesn't contribute to reducing the US economy to pre-Covid spending levels. As part of her plan, she would eliminate $500 billion in green energy subsidies and implement mandatory zero-based budgeting. Her proposal is aimed at reviving America's middle class and countering the economic policies of the Biden administration referred to as "Bidenomics" by the White House.
  • Haley's economic proposal encompasses various measures to stimulate the economy, support small businesses, and reduce government intervention. By prioritizing middle-class tax cuts, infrastructure funding competition, and controlled spending, she aims to bring economic stability and reverse the direction set by the current administration.
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KWWL broke the news in Waterloo, United States on Friday, September 22, 2023.
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