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Biden to discuss economic recovery plan in key battleground visit

YEADON, Pennsylvania (Reuters) – Democratic presidential candidate Joe Biden will focus on plans to securely reopen a U.S. financial system ravaged by the coronavirus pandemic when he visits the must-win election battleground of Pennsylvania on Wednesday for the third time this month.

FILE PHOTO: Democratic U.S. presidential candidate and former Vice President Joe Biden speaks at a marketing campaign occasion dedicated to the reopening of the U.S. financial system through the coronavirus illness (COVID-19) pandemic in Philadelphia, Pennsylvania, U.S., June 11, 2020. REUTERS/Bastiaan Slabbers

The former vp will meet enterprise house owners in a Philadelphia suburb after which ship a speech suggesting that Trump “has no plan besides hanging an ‘open for business’ sign,” in accordance with a marketing campaign aide accustomed to Biden’s deliberate speech.

Biden’s proposal to reopen an financial system shuttered by the pandemic contains expanded coronavirus testing and protecting tools for individuals who return to work, paid sick depart, small-business grants and hiring a workforce to chart the illness’s unfold.

Nationally, Biden now has his widest lead over Trump within the race, in accordance with a Reuters/Ipsos ballot on Wednesday exhibiting the Democrat with a 13-percentage-point lead.

Still, 43% % of registered voters mentioned they thought Trump can be a greater steward of the financial system than Biden, whereas 38% mentioned Biden can be higher. A fast restoration from a deep recession may additional bolster the Republican president’s argument that he ought to be re-elected on Nov. 3.

Trump received Pennsylvania by lower than a share level in 2016, an sudden victory together with wins in Wisconsin and Michigan that propelled him to the presidency.

A restoration already seems to be underway. Commerce Department information on Tuesday confirmed U.S. retail gross sales rising by 17.7% final month, essentially the most on document, after two straight months of sharp declines. That rebound is threatened by indicators that sure areas, together with Florida, Arizona and Oklahoma, are seeing a resurgence of the virus.

A spokesman for Trump’s marketing campaign, Ken Farnaso, mentioned, “Americans already know they are in the midst of the Great American Comeback.”

“President Trump’s proven track record of success shows that he is the man needed to meet this moment and usher in yet another economic renaissance,” Farnaso mentioned.

Trump, in the meantime, is making ready for his first rally for the reason that coronavirus pushed individuals inside their houses three months in the past. The occasion takes place on Saturday in closely Republican Oklahoma and comes because the president touts his personal stimulus as serving to to revive the financial system.

Reporting by Jarrett Renshaw in Pennsylvania and Trevor Hunnicutt in New York; modifying by Soyoung Kim and Jonathan Oatis

Source: feeds.reuters.com

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