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Headline Roundup August 16th, 2024

Harris Outlines Economic Policies She Would Pursue As President

Summary from the AllSides News Team

In a speech to supporters in Raleigh, N.C., Vice President Kamala Harris outlined key economic policies she would prioritize if elected president.

The Details: Harris ran down a set of policies which would elaborate the Biden administration's ambitious, including plans to ban grocery “price gouging,” increase housing supply, expand tax credits and paid leave, reduce medical costs, raise the federal minimum wage, and preserve the Federal Reserve's independence to set monetary policy.

Key Quote: “Together we will build what I call an opportunity economy,” said Harris. “Everyone, regardless of who they are or where they start, has an opportunity to build wealth for themselves and their children.”

How the Media Covered It: Left and center media more often mentioned Harris' “opportunity economy” framing than right media. Washington Post (Lean Left bias) called Harris' set of proposals a “populist policy agenda,” suggesting that she is choosing to prioritize voters' preferences over economists' recommendations. New York Post (Lean Right) and National Review (Lean Right) included sharp criticism of her “price gouging” proposal, calling it a socialism-inspired “price controls” scheme. Forbes (Center) wrote that Harris' agenda overlaps significantly with Biden's from the past four years with some “tweaks,” and that “Trump’s economic agenda is largely focused on raising tariffs on imported goods, which Harris has said she opposes.”

Featured Coverage of this Story

Kamala Harris Addresses Economy In Speech—Here’s What To Know About Her Policy Agenda
Kamala Harris Addresses Economy In Speech—Here’s What To Know About Her Policy Agenda

AP

News

Vice President Kamala Harris unveiled more details about her economic agenda in a speech Friday in North Carolina, proposing an “opportunity economy” as the Democratic nominee focused on lowering the price of groceries and prescription drugs and addressing the housing crisis with an eye on bolstering the middle class.

Open on Forbes
Kamala Harris unveils economic plan — including a whopping $1.7T in handouts, fed ban on grocery store ‘price gouging’
Kamala Harris unveils economic plan — including a whopping $1.7T in handouts, fed ban on grocery store ‘price gouging’

AP

News

RALEIGH, North Carolina — Vice President Kamala Harris on Friday unveiled the economic policies she would enact in her first 100 days in office — and it comes with a whopping estimated $1.7 trillion in handouts, as well as government price controls on groceries amid ravaging Biden-Harris administration inflation.

Her economic plan includes measures to dole out $25,000 to help first-time homeowners with their down payments and give up to a $6,000 tax breaks for lower and middle-income families who have a child in their first year of life. Harris did not say...

Open on New York Post (News)
Kamala Harris unveils populist policy agenda, with $6,000 credit for newborns
Kamala Harris unveils populist policy agenda, with $6,000 credit for newborns

Melina Mara/The Washington Post

News

The flurry of policy positions — just days before the Democratic National Convention in Chicago — represented the clearest articulation yet of how Harris, who has only had a relatively brief time on the national stage, would handle economic policy if elected this fall. Harris has thus far surrounded herself with many former aides to President Biden, and her team had made some overtures to business leaders that they hoped reflected a more centrist approach. But the policy positions she embraced Friday suggest she will continue, if not deepen, the...

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Open on Washington Post

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