Kamala Harris Proposes Economic Plan in North Carolina

Vice President Kamala Harris has unveiled her economic proposals in North Carolina, focusing on creating an 'opportunity economy' aimed at benefiting the middle class. Key components of her plan include a federal ban on price gouging, $25,000 in down payment assistance for first-time homebuyers, and significant tax credits for families, including an expanded child tax credit of up to $3,600 and $6,000 for newborns. Harris emphasized the need to address high living costs, which have persisted even as inflation rates have decreased. Her proposals aim to alleviate financial burdens on families and improve housing supply, pledging to build 3 million new affordable homes by the end of her first term. Facing criticism from Republican rival Donald Trump, who is leveraging economic concerns against her, Harris aims to regain voter trust on economic issues. The success of her initiatives would require congressional approval, which remains uncertain given the current political landscape.