Vice President Kamala Harris delivered a speech in Pittsburgh focusing on her economic plan, with an emphasis on lowering costs for the middle class and positioning herself as a pro-business capitalist. She described her economic philosophy as being inspired by Franklin Roosevelt and highlighted the importance of practical solutions over ideology. Harris advocated for expanding tax cuts, Medicaid, and prioritizing union contracts for government projects, showcasing a three-pillar plan that would build on Biden administration policies if she were elected.
In addition to her proposals on housing affordability, Harris also discussed spurring domestic manufacturing and innovation through tax incentives. She underscored the need for the U.S. to maintain global leadership in sectors such as bio-manufacturing, artificial intelligence, and Blockchain technology. Addressing financing for her economic plans, Harris mentioned a potential corporate tax rate hike, ensuring no additional taxes for those making under $400,000. She also indicated a continuation of Biden’s antitrust approach, aiming to crack down on unfair mergers and acquisitions that could lead to increased consumer costs.
Acknowledging the rising cost of living in America, Harris shared her personal experiences growing up in a middle-class family and witnessing the struggles of making ends meet. She contrasted her economic vision with former President Trump, emphasizing that her plan prioritizes working people and the middle class. Despite criticism from Trump regarding inflation rates during Biden’s administration, Harris defended her economic proposals and highlighted the loss of manufacturing jobs under Trump’s presidency. Businessman Mark Cuban praised Harris’ plan but suggested more specifics on healthcare and prescription drug pricing.
Harris stressed her commitment to building an economy that benefits working-class Americans, contrasting her vision with Trump’s focus on the wealthy. She aimed to appeal to voters by emphasizing the potential benefits of her economic plan and highlighting the differences between her approach and that of the former president. Cuban suggested that convincing more voters to support Harris would require time and effective communication of the benefits of her economic proposals. Overall, Harris positioned herself as a pragmatic leader willing to experiment boldly to address economic challenges and improve the lives of the middle class.
