Donald Trump on Monday argued that his efforts to rebuild his company during a real estate downturn, including the use of tax breaks that allowed him to write off nearly $1 billion in losses, showed that he had the fortitude to rebuild the nation.
The GOP presidential nominee called a media report about his taxes two decades ago “a little ridiculous,” but defended his use of tax loopholes that he said were designed to benefit special interests. He pledged to fix the tax code if elected president.
“I’m a big beneficiary,” Trump told thousands of supporters at the Budweiser Events Center in Loveland, Colo. “But you’re more important than my being a beneficiary, so we’re going to straighten it out and make it fair for everybody.”
Vice President Joe Biden called Donald Trump “completely uninformed” about war veterans' mental health on Monday after Trump told a military group that they were strong but others “can’t handle” post-combat stress.
Biden’s comments came as the Trump campaign said the Republican nominee’s remarks in Virginia on Monday morning were taken out of context by critics.
“Mr. Trump was highlighting the challenges veterans face when returning home after serving their country,” retired Lt. Gen. Michael Flynn, a Trump advisor, said in a statement calling the news media a “propaganda arm” of Hillary Clinton’s campaign.
Hillary Clinton, who has become an avatar for the political establishment during this presidential campaign, acknowledged voters' hunger for change but warned that Donald Trump could not be trusted to make the improvements they wanted.
"I know people want change," she said in Akron, Ohio, on Monday. "We'll have change. It's just what kind of change."
She added, "It's whether or not we have change that helps the vast majority of Americans ... or continues to only help those at the top."
Mocked by Hillary Clinton for his business failures and nearly $1 billion in tax write-offs, Donald Trump defended his financial losses in the 1990s and took credit for “brilliantly” using tax laws to pay as little as possible.
“As a businessman and real estate developer, I have legally used the tax laws to my benefit,” the Republican presidential nominee told supporters at a rally in Pueblo, Colo.
Trump said he’d tried “to pay as little tax as legally possible, and I must tell you: I hate the way they spend our tax dollars.”
The lights cut out suddenly in the bare-bones storefront in northeast Philadelphia that houses Hillary Clinton’s presidential campaign office.
But it was prime calling time, so volunteers who spend hours each night contacting voters worked by the light of their cellphones, pleading for support in the dark.
The power failure last week, which affected several buildings, forced campaign officials to move their celebratory launch of Pennsylvania Latinos for Hillary into a used furniture store across the street.
The New York attorney general has ordered the Donald J. Trump Foundation, headed by the Republican presidential candidate, to immediately “cease and desist from soliciting contributions in New York.”
The agency said the foundation was in violation of state law by raising money in New York while failing to register itself as a charity and to file financial statements.
“The failure immediately to discontinue solicitation and to file information and reports… shall be deemed to be a continuing fraud upon the people of the state of New York,” read a harshly worded letter from the attorney general’s office dated Friday and made public Monday on the agency’s website.
On the eve of the vice presidential debate, Indiana Gov. Mike Pence was blocked by an appeals court from withholding public money from Syrian refugee resettlement programs.
By singling out those fleeing the ravages of war in Syria, Pence violated the federal law mandating that refugee aid be provided “without regard to race, religion, nationality, sex or political opinion,” a three-judge panel of the of the U.S. Court of Appeals for the 7th Circuit found.
Pence, Donald Trump's running mate, argued that some Syrian refugees seeking to settle in Indiana were disguised Islamic State terrorists planning to attack the U.S. The court dismissed his argument as “nightmare speculation.”
Hillary Clinton portrayed Donald Trump as a chief beneficiary of an unfair economic system that she wants to change as president, telling supporters here that he “represents the same rigged system he claims he’s going to change.”
She blasted Trump over a recent New York Times report showing Trump suffered a nearly $1-billion loss in 1995, a deficit he could have used to avoid paying federal income taxes for almost two decades.
“It seems Trump wasn’t contributing anything to our nation,” Clinton said. She also mocked his financial problems, saying, “What kind of genius loses a billion in a single year?”