The Washington Post on Nostr: Kamala Harris unveils populist policy agenda, with $6,000 credit for newborns ...
Kamala Harris unveils populist policy agenda, with $6,000 credit for newborns
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Vice President Kamala Harris unveiled an economic agenda that includes policies such as the elimination of medical debt, a ban on price gouging for groceries, a cap on prescription drug costs, a $25,000 subsidy for first-time home buyers, and a child tax credit of $6,000 per child for the first year of a baby's life. The proposals go beyond what President Joe Biden had promised. Harris aims to build an opportunity economy and strengthen the middle class. The plan would be paid for through taxes on corporations and high earners. Some economists and Democrats have criticized Harris's plan, while others believe embracing populist economics is key to beating Trump. The estimated cost of the proposals is $1.7 trillion over a decade, which could increase to $2 trillion if housing policies are made permanent. The plan includes measures to expand housing supply, cancel medical debt, and take on the pharmaceutical industry. Harris also criticized Trump's economic proposals and tax cuts for the rich.
#KamalaHarris #EconomicPolicy #PopulistAgenda #ChildTaxCredit #MedicalDebt #Housing #PrescriptionDrugs
https://www.washingtonpost.com/business/2024/08/16/kamala-harris-2024-policy-child-tax-credit/
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Vice President Kamala Harris unveiled an economic agenda that includes policies such as the elimination of medical debt, a ban on price gouging for groceries, a cap on prescription drug costs, a $25,000 subsidy for first-time home buyers, and a child tax credit of $6,000 per child for the first year of a baby's life. The proposals go beyond what President Joe Biden had promised. Harris aims to build an opportunity economy and strengthen the middle class. The plan would be paid for through taxes on corporations and high earners. Some economists and Democrats have criticized Harris's plan, while others believe embracing populist economics is key to beating Trump. The estimated cost of the proposals is $1.7 trillion over a decade, which could increase to $2 trillion if housing policies are made permanent. The plan includes measures to expand housing supply, cancel medical debt, and take on the pharmaceutical industry. Harris also criticized Trump's economic proposals and tax cuts for the rich.
#KamalaHarris #EconomicPolicy #PopulistAgenda #ChildTaxCredit #MedicalDebt #Housing #PrescriptionDrugs
https://www.washingtonpost.com/business/2024/08/16/kamala-harris-2024-policy-child-tax-credit/