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Kamala Harris unveils economic agenda at campaign rally
Kamala Harris unveiled her economic agenda at a campaign rally in Raleigh, North Carolina. In the speech, Harris outlined proposals to ban price gouging on groceries, boost support for first-time home buyers, lower prescription drug prices and more.
Vice President Kamala Harris was in Raleigh, North Carolina on Friday to tout her economic policy, including a proposal for a federal ban on price gouging on groceries.
Harris’ policy also includes new tax breaks, a lower cost of living for Americans, and $25,000 in down payment help for certain first-time home buyers and tax incentives for builders of starter homes, among other things.
The Democratic presidential candidate called for tax breaks aimed at families, as well as middle- and lower-income people. She explained how she would expand the child tax credit to up to $3,600 — and $6,000 for children in their first year of life. Harris would expand the earned income tax credit to cover people in lower-income jobs without children, which the campaign estimates would cut their effective tax rate by $1,500. Harris also wants to lower health insurance premiums through the Affordable Care Act.
FILE-Vice President Kamala Harris speaks at a moderated conversation with former Trump administration national security official Olivia Troye and former Republican voter Amanda Stratton on July 17, 2024 in Kalamazoo, Michigan. (Photo by Chris duMond …
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The AP noted that Harris’ grocery pricing initiative would advise the Federal Trade Commission to discipline companies involved in price spikes and singles out a lack of competition in the meat-packing industry for raising the cost of meat.
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Harris has visited battleground states over the past few weeks that has broadened the number of races viewed as competitive by political experts.
North Carolina has been a destination for visits from President Joe Biden and Harris in 2024. After Biden’s subpar debate performance against Donald Trump in June, Raleigh was the first city where he held a rally to rejuvenate Democratic voters.
Harris also made two North Carolina stops — in Greensboro and Fayetteville — in the weeks leading up to the president’s decision to drop out of the election race.