Kamala Harris economic plan. Vice President Kamala Harris laid out her plans for the US economy Friday afternoon in a speech focused on issues like housing costs and grocery store prices.
It was the Democratic nominee’s first extended foray into economic policy since announcing her run for the presidency. She touted President Joe Biden’s accomplishments but quickly added “we understand many Americans don’t feel that progress in their daily lives.”
“As president I will be laser focused on creating opportunities for the middle class,” she added, also noting a top-tier goal for her would be to “create a stable business environment with consistent rules of the road.”
During her address in Raleigh, N.C., she signaled new efforts to drive down healthcare costs, unveiled a push to expand the child tax credit to $6,000 for the first year of a child’s life, and also offered an extended critique of Donald Trump’s plan for tariffs, calling them a “national sales tax.” Her plan also includes a new first-time homebuyer credit of $25,000.
The speech is an attempt by the campaign to keep its political momentum going, with a focus on everyday issues and costs — which poll highly among key swing state voters — after Harris has moved into a neck-and-neck race with Trump ahead of next week’s Democratic National Convention in Chicago.
But the Harris plan also has some early critics. It leaves key areas of a potential Harris economic agenda undefined on issues ranging from key tax concerns to manufacturing policy to the ballooning national debt.
Harris promised more detail in the weeks ahead on what she calls her overall vision of an “opportunity economy” but underlined that the focus of this week was about a message on the cost of living.
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