Kamala Harris’ Big Economic Speech Breaks With Biden And Continues His Legacy
4 months, 1 week ago

Kamala Harris’ Big Economic Speech Breaks With Biden And Continues His Legacy

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President Joe Biden and Vice President Kamala Harris, the Democratic presidential nominee, arrive to speak about the administration's efforts to lower costs during an event at Prince George's Community College in Largo, Maryland, on Thursday. Susan Walsh via Associated Press Vice President Kamala Harris will propose a ban on price gouging by food companies, along with incentives to build new housing and a significant expansion of the child tax credit at a campaign rally in North Carolina on Friday as the Democratic presidential nominee hones her economic message. Harris plans to announce that, during her first 100 days as president, she would call for the the “first-ever federal ban on price gouging on food and groceries” so that big corporations “can’t unfairly exploit consumers to run up excessive corporate profits on food and groceries.” She will also propose building 3 million additional homes in her first term, spurring construction with an $80 billion federal fund. “The fact that gasoline is up 30 percent, families can’t afford baby formula, and seniors on a fixed income are having to come out of retirement has nothing to do with price gouging and everything to do with Kamala Harris’ failed economic and energy policies over the past four years,” Karoline Leavitt, press secretary for the Donald Trump campaign, said in a statement Thursday. “This will make rents and mortgages cheaper.” Harris’ attack on corporate price gouging Friday follows the Biden administration’s efforts this week to highlight proposals to crack down on corporate red tape that makes it a headache to cancel gym memberships and newspaper subscriptions.

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