Democratic presidential nominee Kamala Harris has unveiled her plans to boost the economy if she were to win the White House, with a focus on tax cuts, affordable housing, and price caps. In her first major economy-focused speech, Harris outlined proposals to cut taxes for most Americans, crack down on “price gouging” by grocers, and increase the availability of affordable housing.
One of the key highlights of Harris’ plan is the introduction of a new child tax credit of up to $6,000 for families with infants, along with tax cuts for families with children and measures to lower prescription drug costs. These initiatives are part of Harris’ vision for an “opportunity economy,” aimed at providing more financial security and support for working families.
Harris’ pledge to tackle price gouging by grocers is particularly significant in the current economic climate, where many Americans are struggling to afford basic necessities. By implementing price caps and cracking down on unfair pricing practices, Harris aims to ensure that consumers are not taken advantage of during times of crisis.
Additionally, Harris’ commitment to expanding affordable housing demonstrates her dedication to addressing the housing affordability crisis in the country. By building more affordable housing units, Harris hopes to provide more options for individuals and families struggling to find affordable accommodation.
Overall, Harris’ economic proposals reflect her commitment to creating a fairer and more equitable economy that works for all Americans. With a focus on tax cuts, affordable housing, and price caps, Harris’ plan seeks to provide much-needed relief for families facing financial challenges and build a stronger, more inclusive economy for the future.
Watch the video by FRANCE 24 English
Video “Kamala Harris pledges tax cuts, affordable housing and price caps • FRANCE 24 English” was uploaded on 08/17/2024 to Youtube Channel FRANCE 24 English