Vice President Kamala Harris is set to unveil her economic agenda on Friday, marking her first major policy announcement since becoming the Democratic Party’s presidential nominee. Harris, who replaced President Joe Biden on the ticket last month, has seen a surge in support, particularly after recent government data showed a decrease in inflation.
As Harris prepares for the Democratic National Convention, there has been mounting pressure for her to clearly outline her policy positions. Despite previewing several initiatives, she has yet to fully articulate her plan for governance, often framing her campaign as a “fight for the future.”
In her upcoming speech in Raleigh, North Carolina, Harris is expected to call on Congress to enact the first federal ban on “price gouging,” targeting food companies that unfairly raise prices. This move is likely to resonate with voters concerned about the rising cost of living.
Harris will also contrast her economic vision with that of her Republican rival, Donald Trump, who has proposed tariffs of up to 20 percent on imports—a plan that Harris argues will only drive up costs for everyday items.
Additionally, Harris is expected to announce a comprehensive four-year plan aimed at lowering housing costs and ending America’s housing shortage. This plan includes the construction of three million new housing units, increased tax incentives for builders, and measures to combat corporate landlords who are driving up rents.
As the election nears, Harris’s ability to clearly define her economic agenda will be crucial in maintaining her lead over Trump, especially as the former president continues to focus on personal attacks rather than policy issues.
