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Kamala Harris: A Champion for Economic Equity and Justice

The Vice President has a clear vision for the future.

With early voting underway in many states and Election Day approaching on November 5, Vice President Kamala Harris is making her case to the American people while campaigning for the presidency alongside her vice-presidential nominee, Minnesota Governor Tim Walz. Harris's campaign emphasizes detailed, well-structured plans to address economic disparities, standing in stark contrast to Donald Trump’s vague “concepts of a plan” and his incoherent ramblings, ranging from bizarre claims about Haitians eating animals to rants about penises in showers. Here is what you should know about Harris’s economic vision for the future. 

A Comprehensive Economic Strategy

Harris has laid a clear framework to uplift working families, small business owners, and marginalized communities through a multi-pronged economic agenda. Her policies prioritize reducing income inequality, closing the racial wealth gap, and fostering a more inclusive economy. One of her central economic initiatives is raising the federal minimum wage, ensuring that workers receive fair compensation for their labor, which could lift millions of Americans out of poverty and create a more sustainable economy. Trump recently dodged a question about raising the federal minimum wage, which remains a deplorable $7.25 an hour, during a photo op at a McDonald’s.

Harris also plans to offer new small businesses a $50,000 tax deduction to encourage entrepreneurship. Her administration would also take steps to hold corporations accountable for price gouging, thereby lowering consumer costs.

Addressing the housing crisis is a key priority for Harris, who has proposed building 3 million new homes to alleviate shortages. She supports expanding tax credits for developers focused on affordable rental units and has introduced a historic $25,000 down-payment support initiative for first-time homebuyers. 

Vice President Kamala Harris Engages in Powerful Conversation with Hip Hop Legends Fat Joe and Too Short at the 'BET Hip Hop Awards' 2024

Tackling Essential Costs and Debt

Harris's economic vision extends beyond job creation and housing; she is focused on making everyday essentials more affordable and easing financial burdens for working families. She has pledged to ban grocery and food price gouging. Her plan also includes measures to cap prescription drug prices, making critical medications more affordable. Recognizing the crippling effect of medical debt, Harris is committed to eliminating this burden for millions of Americans. Furthermore, she proposes a $6,000 Child Tax Credit per child for the first year of life, providing families with a financial cushion during a crucial period.

Opportunity Agenda for Black Men

Last week, Harris introduced an "Opportunity Agenda for Black Men," aiming to provide a crucial voting bloc with more economic opportunities. This plan is about more than just addressing economic inequity; it’s about creating a foundation for generational wealth and success. Harris has pledged 1 million forgivable loans to help Black entrepreneurs launch and expand their businesses. The plan focuses on increasing the number of Black male teachers, expanding apprenticeships, and offering leadership training, all aimed at providing more pathways for Black men to secure high-paying jobs.

Health is a key aspect of the plan, addressing issues like sickle cell disease, diabetes, and mental health, which disproportionately affect Black men. Harris also supports the legalization of recreational marijuana, aiming to ensure that Black Americans benefit economically from the emerging cannabis industry. The Harris agenda includes better regulation of cryptocurrency to protect investors, with a focus on safeguarding Black men’s financial security.

Early Voting Has Begun

With early voting underway in many states, Kamala Harris and Tim Walz are urging Americans to make their voices heard. The election on November 5 is fast approaching, and the choice has never been clearer. Harris’s detailed plans offer a vision of economic justice and equity, a stark contrast to the “concepts” put forth by her opponent, who is selling watches for $100,000, rambling about male genitalia, and calling for a return to the 1890s. As voters cast their ballots, they are voting on the future of the economy, housing, healthcare, and the prosperity of communities nationwide.

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