BREAKING: Vice President Kamala Harris is unveiling a bold, detailed plan to lower costs for American families in her first 100 days in office. Here's what you need to know:
Housing Affordability: Harris will address the housing crisis by building 3 million new units, cutting red tape to lower rents and mortgages, and providing $25,000 in down-payment support for first-time homeowners. She’ll also take on predatory landlords and Wall Street investors who drive up housing costs.
Lowering Prescription Drug Costs: Building on her work in the Inflation Reduction Act, Harris will cap insulin at $35 and out-of-pocket drug costs at $2,000 for all Americans, not just seniors. She’ll also speed up Medicare's ability to negotiate lower drug prices and crack down on Big Pharma's abusive practices.
Reducing Grocery Costs: Harris is taking aim at price gouging in the food industry, introducing the first-ever federal ban on excessive grocery price hikes, and supporting smaller businesses to foster competition and keep prices low.
Cutting Taxes for the Middle Class:
Harris will expand the Child Tax Credit to provide up to $6,000 for families with newborns, restore the expanded credit for other families, and cut taxes for frontline workers and those who need help with health insurance.
These actions are part of Harris’s broader economic agenda to strengthen the middle class, protect Social Security and Medicare, create jobs, and ensure everyone has a fair shot at the American Dream.