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Mon. Sep 9th, 2024

Kamala Harris to unveil economic policy at North Carolina rally

Kamala Harris to unveil economic policy at North Carolina rally

Vice President Kamala Harris is visiting 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 homebuyers and tax incentives for builders of starter homes, among other things.

The Democratic presidential candidate is pushing for tax breaks for families and middle- and lower-income individuals, while expanding the child tax credit to up to $3,600 — and $6,000 for children in their first year of life.

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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According to the Associated Press, Harris wants to boost the earned income tax credit for people in lower-income jobs without children, which the Harris campaign projects may cut their tax rate by $1,500. The Vice President also wants to lower health insurance premiums through the Affordable Care Act.

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.

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