Harris Economic Proposals Envision Tax Cuts and Subsidies
- Democratic nominee focuses on core expenses of American life
- Message contrasts with Biden’s response to price complaints
US Vice President Kamala Harris during an event in Upper Marlboro, Maryland, US, on Aug. 15.
Photographer: Aaron Schwartz/Bloomberg
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Vice President Kamala Harris will propose sweeping new federal subsidies for parents, homebuyers, and Americans with low-incomes alongside new programs to curb increases in rent and grocery prices as she seeks to convince voters that she would act swiftly to address one of their top concerns — rising consumer costs.
The Democratic nominee, who will unveil the plan Friday afternoon in North Carolina as part of her three-month sprint to Election Day, plans to target some of the core expenses of daily life — the costs of food, housing and prescription drugs — while overhauling the federal tax code.