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Kamala Harris has unveiled part of her economic policy platform, including a ban on price gouging on groceries, a plan to build three million new homes, and the slashing of prescription drug costs.
In her first major policy speech focusing on the economy, the vice president proposed help for home buyers and an effective tax cut for 100 million Americans.
Harris delivered the speech ahead of a planned bus tour across Pennsylvania this weekend with running mate Governor Tim Walz before the Democratic National Convention begins in Chicago on Monday.
Meanwhile, Donald Trump sparked outrage with remarks in which he compared civilian and military awards, once again appearing dismissive of service personnel.
The former president said the Medal of Freedom he gave wealthy donor Miriam Adelson was better than the Medal of Honor because recipients of the latter are “either in very bad shape because they’ve been hit so many times by bullets or they’re dead”.
The Harris campaign said he was “dishonoring America’s greatest heroes, again”.
The comments surfaced after Trump held his second press conference in a week at his exclusive golf club in Bedminster, New Jersey, following his previous meltdown at Mar-a-Lago.
Key Points
- Harris promises to lower costs, slams Trump for having ‘no serious plans’ to help middle class
- Trump makes jaw-dropping comparison of medal he gave donor and medals given to soldiers
- Trump uses latest press conference to rehash Harris complaints but offers no vision for 2025
- Trump says he’s ‘entitled’ to personal attacks on Harris after she called him ‘weird'
- Joe Biden gets hero’s welcome as he joins Harris for first joint rally and derides ‘Donald Dump’
- Baby Boomers are fleeing Trump and switching allegiance to Harris
How Trump and Harris compare on economic policy
Both Donald Trump and Kamala Harris want to claim the mantle as the greatest champion of the working class.
At the center of their pitches to those voters is economic policies. This week, the Vice President rolled out her plan to lower costs for American families including tax credits for children, price control efforts, and housing assistance. Many of the proposals aren’t strictly new but instead expand on the efforts of President Joe Biden.
One of the main cudgels that Trump has used to bash the Biden administration has been the high rate of inflation. Trump says that he will bring down prices when he’s back in the White House - but it remains unclear how he would do that, as a president can’t bring down prices on their own. And while prices remain high, inflation has been cooling in recent weeks.
Here’s a look at Trump and Harris’s economic plans.
Harris vs Trump: How the presidential candidates compare on economic policy
Harris expands on Biden policies as Trump pushes expansion of oil and gas production to lower prices
Gustaf Kilander17 August 2024 02:20 1723855800Georgia officials will give election workers panic buttons
A key swing county in Georgia has approved nearly $50,000 in funding toward panic buttons for election workers this November.
The Cobb County Board of Commissioners approved the funding on Tuesday as part of a $2.43 million package for the upcoming election presented by the director of the county’s Board of Elections and Registration.
Now, the Board of Elections has the funding to purchase some 200 devices for workers.
Katie Hawkinson reports.
Georgia officials will give election workers panic buttons amid rising threats
One in six election workers said they had been threatened over their job after 2020
Oliver O'Connell17 August 2024 01:50 1723854013Biden signs order to establish 1908 Springfield race riot monument
President Joe Biden on Friday designated a national monument at the site of the 1908 race riot in Springfield, Ill., a seminal moment in the United States’ long and difficult history with racial violence targeting Black people.
Biden was joined in the Oval Office by lawmakers as well as civil rights and community leaders as he signed the proclamation establishing the monument on 1.57 acres of federal land.
Continue reading...
Biden signs order to establish 1908 Springfield race riot monument as he looks to burnish legacy
President Joe Biden has signed a proclamation to establish a national monument to commemorate the 1908 race riot in Springfield, Ill
AP17 August 2024 01:20 1723852213Harris 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.”
The vice 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.
Kelly Rissman and Andrew Feinberg report.
Kamala Harris promises to lower costs as she slams Trump for ‘no serious plans’
‘Key to creating this opportunity economy is building up our middle class,’ Harris said
Oliver O'Connell17 August 2024 00:50 1723850413‘Russia is playing a special role in aggressively seeking to upend the status quo’
John Kampfner meets Anne Applebaum, author of Autocracy Inc, to hear why she thinks Western democracy could easily collapse in our lifetime.
‘The malign hand of Putin is everywhere – democracy could collapse in our lifetime’
With more global leaders choosing their own personal and financial gain over the greater good, author of ‘Autocracy Inc’ Anne Applebaum is sounding the alarm loud and clear. John Kampfner meets her to hear why she thinks Western democracy could easily collapse in our lifetime
Oliver O'Connell17 August 2024 00:20 1723848613ICYMI: Trump insults veterans again
Former president Donald Trump on Thursday continued his pattern of insulting the country’s most revered military veterans by claiming a top civilian award is more prestigious than the Medal of Honor awarded to service members for “conspicuous gallantry” in the face of enemy fire.
Andrew Feinberg reports.
Trump insults veterans by saying civilian award is ‘much better’ than Medal of Honor
Trump claims a civilian award is superior to the Medal of Honor because recipients of the military decoration often receive it posthumously
Oliver O'Connell16 August 2024 23:50 1723846851Jill Biden to honor Joe at DNC despite ‘dismay’ at prior lack of support for his re-election
First lady Jill Biden will have a “role” on the first day of the Democratic National Convention to honor and preserve the legacy of her husband, President Joe Biden despite having voiced her disappointment with those who encouraged the president to exit the 2024 race, according to a report.
Kelly Rissman has the story.
Jill Biden to honor Joe at DNC amid dismay at those who pushed him aside
The Bidens will only be staying for the first night of the convention in Chicago, according to reports
Oliver O'Connell16 August 2024 23:20 1723845913Should Kamala Harris fight fire with fire in the battle over economic policy?
Sean O’Grady predicts which of Trump and Harris’s pledges – populist or otherwise – will win over American voters.
Should Kamala Harris fight fire with fire in the battle over economic policy?
As the two nominees focus on the most crucial issue in the US election, Sean O’Grady predicts which of their pledges – populist or otherwise – will win over American voters
Oliver O'Connell16 August 2024 23:05 1723845013Plane carrying JD Vance makes emergency landing
A charter plane carrying Republican vice presidential nominee Senator JD Vance conducted an emergency landing on Friday afternoon in Wisconsin, after its pilot reported potential mechanical issues.
The Eastern Air Boeing 737 charter jet conducted an emergency landing at Milwaukee International Airport around 1:30pm on Friday afternoon, airport officials told WISN.
Josh Marcus has the story.
Plane carrying JD Vance makes emergency landing in Milwaukee
Plane departed for Cincinnati after stopping to address possible issue with door seal
Oliver O'Connell16 August 2024 22:50 1723843696Border arrests drop 33% to a 46-month low in July after asylum restrictions take hold
Arrests for illegally crossing the border from Mexico plummeted 33% in July to the lowest level since September 2020, a result of asylum being temporarily suspended, authorities said Friday.
The Border Patrol made 56,408 arrests last month, down from 83,536 arrests in June, according to U.S. Customs and Border Protection, its parent agency.
Asylum was halted at the border June 5 because arrests for illegal crossings topped a threshold of 2,500 a day, though a lack of deportation flights prevents authorities from turning away everyone. U.S. authorities say arrests dropped 55% after the measure, which followed a steep decline earlier this year that was widely attributed to Mexican authorities increasing enforcement within their borders.
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Border arrests drop 33% to a 46-month low in July after asylum restrictions take hold
U.S. authorities say arrests for illegally crossing the border from Mexico plummeted 33% in July to the lowest level since September 2020, a result of asylum being temporarily suspended
AP16 August 2024 22:28 Newer1 / 8OlderDisclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
