As the November presidential election approaches, Democratic candidate Kamala Harris continues to articulate her vision for America, focusing on economic stimulus, tax relief, housing, small business support, and healthcare accessibility. Her campaign, alongside Governor Walz, emphasizes a commitment to fundamental freedoms and the empowerment of all Americans. Here are the key proposals Harris aims to implement if elected president.
Strengthening Economic Support for Families
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Expanding Tax Credits
One of the cornerstones of Harris’s economic strategy is the expansion of tax credits aimed at middle- and working-class families. The campaign proposes a significant enhancement of the Child Tax Credit, offering families with newborns a tax cut of $6,000. Additionally, the Earned Income Tax Credit will be adjusted to provide further financial relief for low- and moderate-income households, aiming to alleviate the financial burdens many families face.
Addressing the Housing Crisis
Comprehensive Housing Initiatives
Recognizing the pressing need for affordable housing in America, Harris has unveiled an ambitious plan to build three million new affordable rental and housing units within her first term. This initiative aims to combat the national housing supply crisis and make housing accessible to all Americans.
To support first-time homebuyers, Harris proposes a $25,000 assistance program for down payments. This measure aims to empower families to achieve homeownership, fostering stability and community development.
Supporting Small Businesses
Empowering Entrepreneurs
Harris’s campaign also prioritizes small business growth and entrepreneurship as vital components of a thriving economy. Under her Opportunity Economy agenda, she has set a goal of facilitating 25 million new business applications by the end of her first term.
To achieve this, Harris plans to expand the tax deduction for startup expenses from $5,000 to $50,000, significantly lowering the financial barriers for new business owners. Furthermore, she aims to reduce bureaucratic hurdles and increase the allocation of federal contract dollars to small businesses, ensuring they have the resources needed to succeed and innovate.
Improving Healthcare Access
Enhancing Prescription Drug Affordability
Building on the achievements of the Biden-Harris administration, Harris’s healthcare proposals aim to continue lowering the cost of essential medications for Americans. One of her key initiatives includes extending the $35 cap on insulin and the $2,000 cap on out-of-pocket spending to all citizens, ensuring that lifesaving treatments are affordable and accessible to everyone, regardless of their financial situation.
A Vision for Unity and Progress
Harris’s campaign is driven by a mission to unite Americans around shared aspirations and to fight for the rights and well-being of all citizens. She pledges to be a president who not only addresses immediate economic challenges but also lays the groundwork for a sustainable and equitable future. By focusing on these key areas—tax relief, housing, small business support, and healthcare—Harris aims to create an environment where all Americans can thrive.