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

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

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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.

  1. US
    Joe Biden
    Democratic Party
    1. I thank God that in the last three months that I am president of the United States I was able to finally get done what I tried to get done when I was a young senator.
    2. I have no problem with companies making money, but not with price gouging.
  2. US
    Kamala Harris
    Democratic Party
    1. He plans to give billionaires massive tax cuts year after year, and he plans to cut corporate taxes by over a trillion dollars, even as they pull in record profits.
    2. Your salary should be enough to provide you and your family with a good quality of life … such as, no child should have to grow up in poverty. Such as, after years of hard work, you should be able to retire with dignity, and you should be able to join a union if you choose.
    3. Together, we will build what I call an opportunity economy … an economy where everyone can compete and have a real chance to succeed.
    4. Our supply chains have now improved, and prices are still too high.
    5. I will be laser-focused on creating opportunities for the middle class.
    6. Economists have done the math. Donald Trump's plan would cost a typical family US$3,900 a year. At this moment when everyday prices are too high, he will make them even higher.
  3. US
    Adam Posen
    Peterson Institute for International Economics
    1. In terms of economics and trade and investment policy, I think [there's] almost no difference.
  4. US
    Donald Trump
    Republican Party
    1. Where has she been and why hasn't she done it?
  5. US
    Brian Hughes
    Republican Party
    1. Her policies rival some of the most socialist and authoritarian models from world history.Instead of unleashing American energy and reducing the burden on our people, she would impose price controls that are something out of Venezuela or Cuba.

2024 US Presidential Election

  1. Republicans win control of the US House of Representatives
  2. US Senate Republicans Choose John Thune as Next Majority Leader
  3. Biden Meets Trump at White House to Begin Transfer of Power

sources

  1. 1.CNA News
  2. 2.The Guardian
  3. 3.The Times of India
  4. 4.South China Morning Post
  5. 5.BBC
  6. 6.Al Jazeera
  7. 7.France 24
  8. 8.Associated Press
  9. 9.CNBC
  10. 10.ProPublica
  11. 11.Washington Post

perspectives

  1. 1.US Foreign Policy
  2. 2.2024 US Presidential Election
  3. 3.Israel-Palestine Conflict
  4. 4.Israel-US Relations
  5. 5.US-Russia Relations
  6. 6.US Politics
  7. 7.Election
  8. 8.US-China Relations
  9. 9.Iran Foreign Policy
  10. 10.US under Joe Biden
  11. 11.Immigration to the US
  12. 12.Abortion

countries

  1. 1.ChinaCN
  2. 2.CubaCU
  3. 3.UkraineUA
  4. 4.United StatesUS
  5. 5.Venezuela, Bolivarian Republic ofVE
  6. 6.Viet NamVN

organizations

  1. 1.Democratic PartyUS
  2. 2.US Federal Trade Commission
  3. 3.Republican Party
  4. 4.Center for Public Affairs Research
  5. 5.White HouseUS
  6. 6.Boston University
  7. 7.Council of Economic Advisors
  8. 8.Kroger Co
  9. 9.McDonaldsUS
  10. 10.Peterson Institute for International Economics
  11. 11.Public CitizenUS
  12. 12.Public Opinion Strategies

persons

  1. 1.Kamala HarrisUS
  2. 2.Donald TrumpUS
  3. 3.Joe BidenUS
  4. 4.Barack ObamaUS
  5. 5.Brian HughesUS
  6. 6.Adam PosenUS
  7. 7.Catherine Rampell
  8. 8.George W BushUS
  9. 9.James David VanceUS
  10. 10.Kevin HassettUS
  11. 11.Micah Roberts
  12. 12.Michael Salinger

technicals

  1. 1.Democratic National Convention
  2. 2.Affordable Care Act
  3. 3.American Rescue Plan
  4. 4.Child Tax Credit
  5. 5.Infrastructure Investment and Jobs Act
  6. 6.Medicare
  7. 7.RealPage
  8. 8.Soviet Union
  9. 9.US CHIPS and Science Act
  10. 10.US Inflation Reduction Act
Harris Unveils Economic Plan to Tackle Price Gouging and Ease Cost of Living