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10 things you need to know today: August 12, 2016

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The Fifth Column


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THE WEEK

1. Clinton rejects Trump economic proposals and unveils her own
Democratic presidential nominee Hillary Clinton delivered an address on the economy on Thursday, flatly rejecting the policies proposed by her Republican rival, Donald Trump, in his economic plan earlier in the week. Clinton said Trump, a billionaire businessman, “wants to give trillions in tax breaks to people like himself,” while pretending to be “on the side of the little guy.” Clinton called one part of Trump’s proposed tax cuts the “Trump loophole” because, she said, it would let him “pay less than half the current tax rate on income from many of his own companies.” Trump, who reportedly will meet with GOP officialsFriday in an “emergency meeting” about his campaign, responded by saying Clinton “doesn’t have the talent” to jump-start the economy.

Source: The New York Times

2. Simone Biles wins gold…

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