Kamala Harris vows to tackle price gouging, ease cost of living in economy plan

NEWS WIRES

16 August 2024 at 3:41 pm·1-min read

US Vice President Kamala Harris outlined economic proposals including a federal ban on price gouging in groceries and tax breaks for families in her first major economy-focused speech as the Democratic presidential nominee during a visit to North Carolina on Friday. Though her plans do not stray far from those put forth by the Biden administration, Harris shifted the focus from job creation and infrastructure to measures that would ease the cost of living for Americans.

Vice President Kamala Harris is promoting a broad set of economic proposals that would offer new tax breaks and lower the cost of living for Americans, aiming to address the financial concerns that are at the top of the mind for voters and that Republican Donald Trump is trying to lay at her doorstep.

Harris traveled to the battleground state of North Carolina to lay out her plans on Friday, including a proposal for a federal ban on price gouging on groceries. She also is proposing $25,000 in down payment help for certain first-time homebuyers and tax incentives for builders of starter homes, among other things.

Gov. Roy Cooper told Friday's crowd, “I have that 2008 feeling.”

(AP)

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