Published

Harris economic plan features new tax cuts, housing incentives and price caps

  • Vice President Kamala Harris plans to call for a federal ban on price gouging to lower grocery prices and everyday costs during an economic policy speech in Raleigh, North Carolina. This is part of a larger strategy to address high costs and inflation.
  • Harris aims to scrutinize mergers between large supermarkets and food producers to prevent increased grocery prices. These efforts are independent of President Joe Biden's economic agenda.
  • In her first 100 days, Harris will authorize investigations by the Federal Trade Commission and state attorneys general to penalize companies violating the price-rise ban, detect price-fixing, and support small businesses as competitors.
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  • 59% of the sources are Center
59% Center
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