Monday, August 24, 2020

WATCH: New Exhibit Honors Women's Suffrage Effort

First Lady Melania Trump unveiled her new “Building the Movement” exhibit this morning on the White House’s North Lawn. The project honors the 100th anniversary of women’s suffrage in the United States with artwork from students across the country.

🎬 WATCH: First Lady unveils exhibit outside White House

The exhibit also features historic photographs woven throughout, bringing the history of the women’s suffrage movement to life through the eyes of children today.

“The ratification of the 19th Amendment and the women’s right to vote was a turning point in the history of women’s rights in the United States and stood as an example to the world,” she said.

“Since taking office, my husband and this Administration have taken historic measures to empower and support women in the United States and around the world.”

Watch the First Lady’s full remarks here.

MORE: First Lady announces reopening of White House Rose Garden

NEW: How President Trump is helping lift 1 million Americans out of poverty

One million Americans will be lifted from poverty because of President Trump’s historic Opportunity Zones tax cuts program, the White House Council of Economic Advisers estimates in a new report today.

For over 50 years, the “War on Poverty” has left too many American communities behind. Many of its programs have “relied on inefficient top-down federal grants and subsidies that empower Washington bureaucrats and special interests with lobbyists at the expense of communities in need,” HUD Secretary Ben Carson and White House Domestic Policy Council Director Brooke Rollins wrote today.

🎬 WATCH: In just 2 years, $75 billion is pouring into low-income areas

In contrast, America’s nearly 8,800 Opportunity Zones—designated after President Trump’s 2017 Tax Cuts and Jobs Act—qualify for incentives to encourage private-sector investment, job creation, and self-sufficiency instead of government dependency.

“We’re providing massive tax incentives for private investment in these areas to create jobs and opportunities where they are needed the most,” President Trump said at a meeting of the White House Opportunity and Revitalization Council last year.

“This is all throughout the country.”

About 35 million Americans live in these historically distressed areas, where the average poverty rate is double that of other communities. These underserved areas are also home to a higher share of African Americans and Hispanic Americans.

Over $75 billion has been raised through 2019 for qualified opportunity funds to serve these communities. These investments are expected to create a minimum of 500,000 new jobs, as well as an 11 percent decrease in poverty.

“It's having a profound effect. As far as property values are concerned, they go up 1.1 percent just with the announcement of you being in an Opportunity Zone,” Secretary Carson said in an interview with Fox News.

Ben Carson and Brooke Rollins: “Opportunity zones key to lifting people out of poverty”

Read the report: The Impact of Opportunity Zones

Photo of the Day

President Trump waves goodnight as he walks along the Colonnade | August 23, 2020

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