Vice-President Kamala Harris reportedly pledged to penalize companies that engage in price gouging, set a goal of building 3 million new housing units, and called for a substantial expansion of the child tax credit.
She also cautioned that the trade policies of former President Donald Trump would increase prices.
Harris made these remarks during a speech in Raleigh, North Carolina, during which she enumerated an economic agenda that she intends to implement if she is elected in November.
Since her replacement of President Biden on the Democratic ticket last month, the speech was Harris’s most comprehensive review of her policy proposals.
Harris was criticized for failing to provide a comprehensive economic vision during her initial campaign events.
In an effort to set her approach apart from that of Trump, the vice president criticized the former president for his proposal to impose a minimum 10% tariff on all imports.
During an economic address in North Carolina this week, Trump stated that the policies of the Biden administration have resulted in catastrophic inflation and have decimated the middle class.
In the approximately 25-minute speech on Friday, the Democratic nominee and vice president suggested the reinstatement of the expanded child tax credit, which was implemented in 2021 in response to the Covid-19 pandemic and expired at the end of that year.
The credit would provide up to $3,600 per child. In addition, she expressed her endorsement for an additional expansion of the tax credit that would offer up to $6,000 in total relief to low- and middle-income families during the first year of a child’s existence.
[READ MORE: Kamala Under Fire After Announces Scheme for Soviet Style Price Controls]
