Kamala Harris's Plan for the Economy
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Kamala Harris's Plan for the Economy
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About this listen
In this episode of Moderate Minis, Hillari Lombard explores Vice President Kamala Harris's sweeping economic policies aimed at tackling affordability and creating new opportunities. Harris targets the high cost of living and corporate greed with proposals to invest in small businesses, enforce price gouging laws, and expand tax credits. Her ambitious agenda includes raising the child tax credit, introducing a $6,000 newborn tax credit, and making the Earned Income Tax Credit more accessible. These measures, while promising to reduce financial stress and child poverty, spark debates over their $1.4 trillion price tag and potential increase in government dependency. Harris's strategy also involves fostering 25 million new small businesses through government contracts and low-interest loans, funded by tax hikes on the wealthy and corporations. Critics worry about the impact on investment and national debt, but supporters argue it's a fair approach to tackling income inequality and providing better social outcomes. The feasibility of passing these through Congress remains a big question mark, coloring Harris's policies as both ambitious and contentious.