Kamala Harris Unveils Ambitious Economic Plan

Kamala Harris proposed a series of economic policies aimed at reducing costs for Americans, including new tax credits and affordable housing projects. She pledged to cut taxes, introduce a child tax credit, and ban price gouging by grocers. Harris aims to contrast her economic strategies with Donald Trump’s proposals.


Devdiscourse News Desk | Updated: 17-08-2024 01:55 IST | Created: 17-08-2024 01:55 IST
Kamala Harris Unveils Ambitious Economic Plan
Kamala Harris

In a significant move to bolster her presidential campaign, Kamala Harris unveiled a comprehensive economic plan designed to cut costs for American families and stimulate the economy. Central to her proposals are tax cuts, an expansive child tax credit, and a ban on grocery price gouging, targeting middle-class relief.

Speaking at a North Carolina rally, Harris articulated a vision of an 'opportunity economy' that focuses on building a strong middle class. Among her key initiatives are constructing 3 million affordable housing units and offering tax incentives to home builders catering to first-time buyers. Harris emphasized the need to counteract high everyday prices, including prescription drugs.

While Harris' economic blueprint is expected to face opposition from corporations and a divided Congress, it marks a clear effort to differentiate her policies from those of opponent Donald Trump. Trump's proposed tariffs on imports, which Harris dubbed a 'national sales tax,' were criticized as detrimental to consumers. The debate continues as both candidates address America's economic future.

(With inputs from agencies.)

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