2024 US Presidential Election

Harris Unveils Economic Plan to Tackle Price Gouging and Ease Cost of Living

Vice President Kamala Harris has unveiled a comprehensive economic plan aimed at reducing costs and increasing economic security for American families. The plan includes proposals such as tax cuts for the middle class, expansion of the child tax credit, and a federal ban on price-gouging in food. Harris also plans to provide $25,000 in down payment help for certain first-time homebuyers and tax incentives for builders of starter homes. Additionally, she has called for the construction of three million new homes and has proposed measures to alleviate financial stress on families, such as tax cuts for those with children. However, the Trump campaign has criticized Harris's plan, comparing it to price controls in Soviet and Venezuelan economies. Harris's plan is built on ideas from the Biden administration and would require action from Congress to implement.
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