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CNN 5 Things

9 AM ET: Price promises, West Bank attack, Ernesto threatening US beaches & more

CNN 5 Things

CNN

Daily News, News

3.71.3K Ratings

🗓️ 16 August 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

We now know about some of the economic policies Vice President Kamala Harris is set to release today, as she and former President Donald Trump have each promised to lower prices. Israeli officials are condemning their own settlers for attacking a Palestinian village in the occupied West Bank. While Hurricane Ernesto won't hit the US mainland, beachgoers on the eastern seaboard are being told to stay away this weekend. A Romanian gymnast is set to officially get the Olympic bronze medal originally given to an American. And, a giant panda has given birth to twins. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hi there from CNN I'm Joe Beck with the five things you need to know for Friday

0:06.3

August 16th. Vice President Carmelah Harris's campaign is hoping they can break the

0:12.0

polling dead heat when she releases her economic policy

0:15.5

plan later today.

0:17.3

It'll include a four-year plan to lower housing costs, as CNN's M.J. Lee tells us.

0:22.8

Including, we are told a $25,000 down payment assistance for first-time home owners,

0:29.0

as well as the construction of view housing and tax incentives for the building of starter homes. of

0:33.7

new housing and tax incentives for the building of starter homes.

0:35.0

Of course, high costs in food in housing are among the some of the most

0:40.2

stubborn economic challenges for the Biden administration so it's no

0:44.0

surprise that she is trying to address those issues. Harris will also

0:48.2

propose a federal ban on price gouging aimed at lowering grocery costs, and she'll address prescription drug

0:55.3

prices in her policy rollout. Former President Donald Trump has repeatedly slammed the

1:00.6

Biden administration and Harris for high inflation, pledging to bring down prices immediately.

1:07.0

He's also been talking about the economy this week, saying he'll lower energy bills. Israeli settlers tried to attack a Palestinian village in the occupied West Bank again overnight.

1:19.0

That's what a local leader told CNN, saying they were stopped by Israeli soldiers and that the military is surrounding the village in case of more violence.

1:27.0

It comes after an attack yesterday when he said more than 70 armed Israeli settlers invaded the town, firing live bullets and

1:35.2

tear gas at people and setting fires to cars and properties.

1:39.7

One Palestinian was killed in the attack.

1:42.4

CNN's Nick Robertson is in the West Bank.

1:45.0

They're rattled by it, they're shaken by it, they're scared by it,

1:48.0

the children are scared, the families are scared,

...

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