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Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Expert predictions with real-time stock, futures, and metals, energy data to help you quickly recover and grow. Democratic state and federal officeholders, including President Joe Biden, delivered some false, misleading or lacking-key-context claims on the first night of the Democratic National Convention on Monday.

Biden repeated misleading claims he has made in previous speeches about billionaires’ tax rates and foreign trade. He also overstated the extent to which his efforts to fight climate change are expected to reduce US carbon emissions in the next decade. He made an outdated claim about the number of Americans with health insurance. And he omitted key context about his administration’s infrastructure-building efforts, framing distant goals as if they were already achievements.

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Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. And Rep. Robert Garcia of California misleadingly described Trump’s widely criticized 2020 comments about the possibility of scientists studying the use of injected disinfectant as a Covid-19 treatment, wrongly saying Trump had instructed Americans to inject bleach.

During his speech, Biden asked the audience if they knew what the average billionaire in the United States pays in taxes.

“We have a thousand billionaires in America. You know what the average tax rate they pay? 8.2%,” Biden said.

Facts First:Biden used this figure in a way that was misleading. As in previous remarks, including his State of the Union address in March, Biden didn’t explain that the figure is the product of analternative calculation, from economists in his own administration, that factors in unrealized capital gains that are not treated as taxable income under federal law.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Expert predictions with real-time stock trends, futures prices, and exchange rate changes to help you select stocks accurately and increase investment returns. There’s nothing inherently wrong with the alternative calculation itself; the administration economists who came up with it explained it in detail on the White House website in 2021. Biden, however, hastended to cite the figurewithout any context about what it is and isn’t, leaving open the impression that he was talking about what these billionaires pay under current law.

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“Biden’s numbers are way too low,” Howard Gleckman, senior fellow at the Urban-Brookings Tax Policy Center at the Urban Institute think tank, told 【 - Free Stock Portfolio Optimization 】 in 2023. Gleckman said that in 2019, University of California, Berkeley, economists Emmanuel Saez and Gabriel Zucman “estimated the top 400 households paid an average effective tax rate of about 23% in 2018. They got a lot of attention at the time because that rate was lower than the average rate of 24% for the bottom half of the income distribution. But it still was way more than 2 or 3,” numbers Biden has used in some previous speeches, “or even 8%.”

In February 2024, Gleckman provided additional calculations from the Tax Policy Center. The center found that the top 0.1% of households paid an average effective federal tax rate of about 30.3% in 2020, including an average income tax rate of 24.3%.

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Facts First:Independent analysisshows the US is off-track to meet anambitious goalBiden set early in his administration of slashing US carbon emissions in half by 2030 – even with his climate law.

Biden’s climate target of cutting emissions 50-52% below 2005 levels (2005 was the historical peak for US carbon emissions) by 2030 was always going to be a tough goal to achieve. When the Inflation Reduction Act passed in 2022,analysis suggestedit would get the US most of the way toward its goal – about a 40% reduction in carbon emissions. The thinking was that regulations from agencies like the Environmental Protection Agency would help make up the rest of the goal.

But arecent analysisfrom the nonpartisan Rhodium Group found that theUS isn’t on trackto hit Biden’s goal of slashing US emissions in half by 2030. Rhodium estimates the US is currently on track to reduce emissions anywhere from 32-43% by that date. However, the report says the US could surpass Biden’s goal by 2035 if there are no major changes to current policies, finding that the US would likely pick up the pace of decarbonizing its transportation, power and heavy industry sectors in the 2030s compared to the 2020s.

One big impediment to Biden’s goal is the fact that the EPA’s marquee climate rules regulating emissions fromvehiclesandpower plantsare facing anonslaught of legal challengesand askeptical US Supreme Court. And an even bigger question mark is the 2024 election and whether Biden will be replaced by another Democrat with similar climate ambitions or former President Donald Trump – who hasvowed to reversemuch of Biden’s climate agenda.

Biden, speaking about his bipartisan infrastructure law, said: “We’re removing every lead pipe from schools and homes, so every child can drink clean water.”

Facts First:This claim needs context. While the administration is spending $15 billion and working on federal regulations to remove all lead pipes from public drinking water systems over a decade, they may not be able to replace all pipes and service lines on private properties.

Lead drinking pipes can be found all over the country; some national estimates say the total number of lead service lines isaround 9.2 million. Lead in drinking water is a major health concern for babies and young children, and Biden has made eradicating it amajor priority. The Biden EPA proposed a major rule that, if finalized, would compel water utilities togradually get ridof 100% of their lead pipes and service lines over 10 years.

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In his speech, Biden said, “We used to import products and export jobs. Now we export American products and create American jobs right here in America.”

Fact First:This claim is misleading. So far this year, the United States has imported more goods than it has exported, leading to a seasonally adjusted trade deficit of more than $567 billion, according tofiguresfrom the US Census Bureau.

In fact, the goods trade deficit has widened since Biden took office. In 2020, the nation’s goods trade deficit was $901 billion. After Biden’s first year in office, it increased to over $1 trillion and has stayed above that threshold every subsequent year.

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Facts First:This is more of a promise than a fact, but even so, it needs context. For a few reasons, it’s questionable whether the Biden administration will be able to meet its goal of installing 500,000 electric vehicle charging stations on US roads.

Installing 500,000 electric vehicle charging stations has long been one of Biden’s goals. The president initially proposed Congress spend $15 billion to make it a reality, but just half of that – $7.5 billion – passed as part of the 2021 bipartisan infrastructure law. Thelatest datafrom the Department of Energy shows the United States is still a long way from that goal; there are currently more than 180,000 EV charging ports operating at over 66,000 station locations around the US.

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Over the next five years, the full $5 billion will be spent to build out a network of EV chargers on major highways. Another pot of $2.5 billion in grant funding is also available for states to apply to; in January, $623 million in grant fundingwent out the doorto help counties, cities and tribes around the nation install new charging stations for electric vehicles and long-haul freight trucks.

But it’sbeen slow going. States are still in the process of selecting companies to actually build the charging stations, meaning it could still takemonths or even yearsto fully see the impact of the money around the nation.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. There is also a wide range in how much different types of chargers cost, and individual states have a lot of leeway in deciding what kinds of chargers will go on their roads. DC fast chargers can charge a car to mostly full in20 minutes to an hourand are meant to go on major highways and roads. Another kind of charger known as an L2 charger can take hours to charge a car to full. But DC fast chargers are much more expensive, costing around $100,000 compared to around $6,000 for an L2, Ellen Hughes-Cromwick, a senior resident fellow at the think tank Third Way,has told 【 - Free Stock Portfolio Optimization 】.

“More Americans have health insurance today than ever before in American history,” he said at the Democratic National Convention.

Facts First:Biden’s claim is outdated. While it’s true that health insurance coverage hit a record high last year, fewer people were insured in the first quarter of this year than in the spring of last year – in large part because a federal law that prevented states from winnowing their Medicaid rolls lapsed last year.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Provides real-time stock market data to help you select stocks accurately and plan the best investment strategies. Some 130 million Americans had public health insurance coverage, such as Medicare or Medicaid, in the first quarter of this year, but that’s down from nearly 138 million people in the second quarter of last year, according to the latestNational Health Interview Survey. The loss outpaces the gain of just under 3 million people in private health insurance plans. (A small number of people have both types of coverage.)

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One main reason why health insurance coverage hit a record high last year was because of a Covid-19 pandemic relief provision that barred states from involuntarily disenrolling residents whom they deemed no longer qualify in exchange for enhanced federal funding. Thatprohibition was liftedin April 2023.

Only81.7 million peoplewere enrolled in Medicaid and the Children’s Health Insurance Program this past April, according to the Centers for Medicare and Medicaid Services. That compares to93.9 million peoplein March 2023, before the provision lapsed.

Facts First:Biden is making a prediction that we cannot definitively fact check, but the claim does not reflect Trump’s most recent comments on abortion and needs context.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Real-time updates of global stock, futures, and commodity market data to keep you in sync with the latest market trends. While Trumpregularly boaststhat he played a key role in getting the US Supreme Court to overturn the 1973 Roe v. Wade decision that guaranteed abortion rights across the country, Trumpsaysit should be up to the states to decide how and when to restrict abortion. Polls show that the majority of Americans are against a federal abortion ban.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Free real-time global stock and futures trend data to help you analyze market movements and make fast investment decisions. Throughout this most recent campaign, Donald Trump hasrepeatedly duckeddirect questions about his support for a federal ban on abortions, but he said in April that hewould not signa national abortion ban if elected to the White House again. That statement reversed what he said in 2016 when he was first running for the presidency and was the opposite of statements he made throughout his time in office.

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Garcia claimed, among other things, that Trump “told us to inject bleach into our bodies,” while criticizing Trump’s handling of the Covid-19 crisis.

Facts First:Garcia’s claim is misleading. Trump never portrayed his ill-informed 2020 musings about the possibility of using disinfectant to treat Covid-19 as actual advice to Americans. Rather, Trump was talking about the possibility of scientists testing the possibility of using disinfectant as a treatment.

During apress briefing in April 2020, Trump expressed interest in scientists exploring the possibility of whether Covid-19 could be treated using disinfectants inside people’s bodies, “by injection inside or almost a cleaning,” or by deploying powerful light “inside the body, which you can do either through the skin or in some other way.” Trump’s comments wereslammed by medical expertsas highly dangerous, and they prompted urgentwarningsfrom public health authorities and companies that sell household disinfectants. But he never actually said he was suggesting citizens go and use such products.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Real-time global stock, futures, and exchange rate data to keep you informed of market trends and seize investment opportunities. Trump made the ill-informed remarks after Bill Bryan, the acting undersecretary of science and technology for the Department of Homeland Security, outlined tests in which he said sunlight or disinfectants like bleach and isopropyl alcohol quickly killed the coronavirus on surfaces and in saliva.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Expert predictions of market trends to help you plan the best investment strategy for steady capital growth. When Trump jumped shortly afterward to the dangerous idea of injecting disinfectants inside people’s bodies, he was talking about experts somehow testing that idea. He said: “And is there a way we can do something like that, by injection inside or almost a cleaning, because you see it gets in the lungs and it does a tremendous number on the lungs, so it’d be interesting to check that, so that you’re going to have to use medical doctors with, but it sounds interesting to me. So we’ll see.”

Durbin of Illinois, the Senate Majority Whip, claimed of Trump: “He lost millions of jobs in America.” Durbin said shortly after that, “He is one of only two presidents in the history of the United States to leave office with fewer Americans working than when he started.”

Facts First:Durbin’s statistics are correct, but he left out some critical context about them. While there was a net loss of about 2.7 million jobs from the beginning of Trump’s four-year term to the end, there was a net gain of about 6.7 million jobs under Trump until the Covid-19 pandemic hit the country about three years into his term.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Free break-even services to create a customized investment plan, helping you recover quickly and achieve growth. Nearly 22 million jobs were lost under Trump in March 2020 and April 2020 when the global economy cratered on account of the pandemic. The US then started regaining jobs immediately, adding more than 12 million from May 2020 through December 2020, but not enough to make up for the massive early-pandemic losses.

Ohio Rep. Joyce Beatty praised the Biden administration’s efforts to provide larger tax credits for families and lift more children out of poverty.

“Joe and Kamala have been expanding the child tax credit, and let me just tell you … cutting the poverty rate for our children,” she said.

Facts First:Beatty’s claim needs context.It’s true that the expanded child tax credit passed early in the Biden administration slashed the child poverty rate in 2021, but the benefit only lasted for the one year the temporary enhancement was in effect. Child poverty increased in 2022 to a rate roughly comparable to where it was in 2019.

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Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Free stock selection service to help you quickly pick high-return stocks for stable growth. That helped sendchild poverty– as measured by the Supplemental Poverty Measure – to a record low 5.2% in 2021, a drop of 46% from 2020, when the rate was 9.7% according to the US Census Bureau. The child tax credit lifted 2.9 million children out of poverty in 2021, with the temporary enhancement accounting for 2.1 million of those kids,according to the Census Bureau.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Expert predictions with real-time global stock and futures data to help you easily capture market movements. The Supplemental Poverty Measure, which began in 2009, takes into account certain non-cash government assistance, tax credits and needed expenses.

But in 2022,child poverty soaredto 12.4%, roughly comparable to where it was prior to the pandemic in 2019. It was the largest jump in child poverty since the Supplemental Poverty Measure began.

Earlier this year, the House passed a tax bill that would againexpand the child tax credittemporarily, though the boost would not be as generous as it was in 2021. Senate Republicansblockedit from advancing in their chamber earlier this month.

In a prerecorded video from Vice President Kamala Harris’ campaign team, a staffer shared claims Trump has made about the economy seeking to disprove them.

“Let’s take a look at his track record on jobs before Covid, as compared to the Biden-Harris administration. What do you know? Hardly the most successful ever,” the staffer said as a screen displayed average monthly job gains under Trump from January 2017 to February 2020 compared to average monthly gains during the entire Biden-Harris administration.

“And about his supposed manufacturing miracle, Trump talked a big game, but actually lost 178,000 manufacturing jobs. And just to be clear, it wasn’t just Covid here either. Manufacturing jobs were already on their way down before the pandemic.”

Facts First:The numbers the campaign staffer shared are correct, but they lack crucial context. It’s unfair to compare the average monthly job gains Trump achieved up until March 2020 to that of the Biden-Harris administration. That’s because the average monthly gains achieved under their administration were propped up by some of the gangbuster job reports that came just as the economy was recovering from the pandemic. For instance, in July 2021, 939,000 jobs were added in just one month.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Real-time updates of global stock indices and futures trends to help you plan precise investments. And while it’s true 178,000 manufacturing jobs were lost when Trump was president, Covid-19 did in fact play a big role. In the immediate months before the pandemic, manufacturing jobs were declining very slightly. From November 2019 to February 2020, 36,000 manufacturing jobs were lost. That hardly compares to the roughly 1.4 million manufacturing jobs lost from February 2020 to April 2020. That so many of those job losses were able to be recouped by the time Trump left office is noteworthy.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Precise stock selection to help you successfully plan investment strategies for stable returns. Wisconsin Lt. Gov. Sara Rodriguez on Monday accused Trump of still wanting to kill the Affordable Care Act.

Facts First:Rodriguez’s claim does not reflect Trump’s recent comments on the Affordable Care Act. He did appear to express renewed support for terminating the law in one social media post late last year, but he has since said he wants to improve it, not terminate it.  Most recently, he has said he will keep the law unless he can come up with an unspecified “better” plan.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Free real-time market data to help you quickly recover and avoid losses. Repealing and replacing the Affordable Care Act was one of Trump’stop prioritiesin his 2016 presidential campaign and first term. However, even though Republicans controlled Congress and the White House the following year, theyfailed to unitebehind a plan to do so, ending any serious attempts to completely overhaul the landmark health reform law, popularly known as Obamacare.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. The former president revived the debate over the law’s fate in November 2023, when hewroteon his Truth Social platform that he’s “seriously looking at alternatives” and that the failure to terminate it “was a low point for the Republican Party, but we should never give up!”

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital growth. Trump quickly walked back his comments,postinga few days later that he doesn’t “want to terminate Obamacare, I want to REPLACE IT with MUCH BETTER HEALTHCARE. Obamacare Sucks!!!”

In April, Trump said in avideoposted to Truth Social: “I’m not running to terminate the ACA as crooked Joe Biden says all over the place. We’re going to make the ACA much better than it is right now and much less expensive for you.”

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However, Trump has yet to release a proposal on how he would make the Affordable Care Act better and less expensive.

During a speech at the DNC about Project 2025, McMorrow said that the conservative blueprint for a second Trump term aimed to greatly expand the power of the presidency “like no president has ever had or should ever have.”

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Facts First:McMorrow’s comment about the case Trump v. US is false. In their decision last month in the historic case, the six conservative justices granted Trump some immunity from prosecution, but not blanket immunity, as the former president had sought. The court said Trump could not be criminally pursued over “official acts,” but that he could face prosecution over alleged criminal actions involving “unofficial acts” taken while in office.

“The President enjoys no immunity for his unofficial acts, and not everything the President does is official. The President is not above the law,” Chief Justice John Roberts wrote for the conservative majority.

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Facts First:The video left out some important context: Trump made this comment more than eight years ago and retracted it hours after he made it. In an interview in April 2024, Trump declined to express an opinion on the idea of a state deciding to punish women for getting an abortion after it is banned, returning to his campaign refrain that abortion policy is now a matter for each state to decide.

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. Trump made the comment featured in the DNC video at an MSNBC town hall during the Republican presidential primary in 2016. Trumpsaidthat“there has to be some form of punishment” for abortion. When host Chris Matthews asked, “For the woman?” Trump responded, “Yeah, there has to be some form.” When Matthews pressed further, Trump said he didn’t know what the punishment should be.

Hours later, after facing widespread criticism, Trumpissued a statementin which he said women should not be punished for getting abortions.

“If Congress were to pass legislation making abortion illegal and the federal courts upheld this legislation, or any state were permitted to ban abortion under state and federal law, the doctor or any other person performing this illegal act upon a woman would be held legally responsible, not the woman,” Trump said in the statement. “The woman is a victim in this case as is the life in her womb. My position has not changed – like Ronald Reagan, I am pro-life with exceptions.”

Why Indian Pharma Stocks Are Gaining Global Attention Strategic Investment Portfolio ✌️【Market Analysis】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. The next day on Fox News, Trumpsaid,“It could be that I misspoke” during an abortion discussion he claimed was “convoluted.” He said that “if, in fact, abortion was outlawed, the person performing the abortion, the doctor, or whoever it may be that’s really doing the act is responsible for the act, not the woman, is responsible.”

In an April 2024 interview, Time magazineasked Trumpif he is “comfortable if states decide to punish women who access abortions after the procedure is banned,” such as after a 15-week cutoff date. Trump said, “Again, that’s going to be – I don’t have to be comfortable or uncomfortable. The states are going to make that decision. The states are going to have to be comfortable or uncomfortable, not me.”

CORRECTION: This story has been updated to reflect that the EPA’s rule does cover replacing lead pipes and service lines on private property.

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