Harris economic plan features new tax cuts, housing incentives and price caps

• Vice President Kamala Harris will unveil a new package of economic proposals that she would prioritize in her first 100 days in office.
• The policies include a ban on "corporate price-gouging" to lower the cost of groceries and prescription drugs, and they aim to expand affordable housing and cut taxes for the middle class.
• Harris' speech in North Carolina is first policy-focused address since she took over the Democratic presidential ticket.

Vice President Kamala Harris on Friday will unveil a new set of economic proposals that she would prioritize in her first 100 days in office. The policies aim to lower the cost of groceries and prescription drugs, expand affordable housing and cut taxes for the middle class.

The Democratic presidential nominee will visit the battleground state of North Carolina to deliver her first dedicated policy speech since President Joe Biden withdrew from the race in late July, catapulting her to the top of the ticket.

"These bold actions will address some of the sharpest pain points American families are confronting and bolster their financial security," the Harris campaign said Friday in a fact sheet on the plans.

In an effort to tackle the stubbornly high price of groceries, Harris will work with Congress to advance the first-ever federal ban on "corporate price-gouging" on food and groceries.

This would include setting clear "rules of the road" so that corporations "can't unfairly exploit consumers to run up excessive corporate profits" on grocery staples, according to the fact sheet.

To investigate and penalize alleged violations, Harris would empower the Federal Trade Commission and state attorneys general.

A Harris administration would also take an aggressive regulatory approach to