Kamala Harris promises to lower costs as she slams Trump for having ‘no serious plans’ to help middle class

Democratic presidential nominee Kamala Harris unveiled her economic plan in a speech in Raleigh, North Carolina, on Friday afternoon, warning that her rival, Donald Trump, would “make the cost of living go up for millions of Americans.”

Thevice president’s plan is focused on economic initiatives that would benefit the middle class, with tax cuts she said would affect 100 million Americans, a federal ban on price gouging, lower drug prices, and the building of millions more homes. Harris compared each aspect of her agenda to that of Trump, promising a bright future in contrast to the former president’s dark vision of the past.

Specifically, she has promised to enact a federal ban on price gouging on food and groceries, and promulgate regulations to stop big corporations from “unfairly” exploiting consumers and raking in “excessive profits” as a result.

The campaign also announced plans to call for building three million new housing units over the next four years by incentivizing new home construction and tax credits for first-time home buyers that would have the effect of making housing more affordable for younger Americans who’ve been shut out of the market by excessive price increases during the post-pandemic era.

Additionally, Harris wants to press Congress into passing legislation to end tax incentives for corporate landlords who acquire single family homes, either to rent or to resell at a profit.

It’s a significant shift from the economic policy of the Biden administration, which has largely focused on curbing inflation through investments in infrastructure spending and job creation rather than on controlling runaway corporate profits.

The campaign added that they would also “secure new authority” for the