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Donald Trump Outlines Economic Plan As He Seeks To Reverse Slide

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Republican presidential candidate Donald Trump delivers an economic policy speech to the Detroit Economic Club, Monday, Aug. 8, 2016, in Detroit. (Evan Vucci/AP)
Republican presidential candidate Donald Trump delivers an economic policy speech to the Detroit Economic Club, Monday, Aug. 8, 2016, in Detroit. (Evan Vucci/AP)

Republican Donald Trump outlined key facets of his economic plan in a speech before the Detroit Economic Club Monday afternoon.

The Republican presidential nominee was seeking to reset his campaign and delve into a subject that is seen as one of his strengths. The speech also aimed at showing that Trump is a serious candidate in spite of a disastrous stretch that prompted criticism from Republicans and Democrats alike.

In his speech, Trump said that no business should pay more than 15 percent of income in taxes. He also called for a temporary moratorium on federal regulations, and proposed allowing parents to fully deduct the average cost of childcare from their taxable income.

Here & Now's Jeremy Hobson and Robin Young analyze the speech with NPR's Ron Elving and Jim Zarroli, economist Jared Bernstein and Here & Now political analyst Paris Dennard.

The Associated Press contributed reporting to this article.

Guests

Ron Elving, NPR senior Washington editor and correspondent. He tweets @NPRrelving.

Jim Zarroli, NPR business reporter. He tweets @JimZarroli.

Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities and former chief economist for Vice President Joe Biden. He tweets @econjared.

Paris Dennard, Here & Now political analyst and a Republican strategist. He tweets @PARISDENNARD.

This article was originally published on August 08, 2016.

This segment aired on August 8, 2016.

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