Vice President Kamala Harris is reportedly unveiling a string of economic proposals this week related to helping people build wealth, the latest step by the vice president as she seeks to elevate public perception over her ability to handle the economy should she win the 2024 presidential election.
Three sources told Reuters that the policies could be announced on Wednesday when she is in Pittsburgh, coming at a critical time as both Harris and former President Donald Trump try to sway undecided voters on how either candidate would help them economically — particularly those in swing states, where Harris is either narrowing or surpassing Trump’s lead.
“It’s not just about affordability, it’s also about showing [voters] they have a path to building wealth,” one of the sources with direct knowledge of Harris’s economic plans said, adding that Harris wants to show people how they can “get a foot in the door.”
Campaign spokesman James Singer did not comment on the story, but said that Harris “will continue to present her opportunity economy agenda to lower costs, make housing more affordable, and spur economic growth across America.”
The Washington Examiner reached out to Harris’s campaign for comment on the new proposals.
Though the sources did not provide specifics on the new economic policies, Harris’s 2020 presidential run and the Biden administration have released strategies aimed at achieving similar goals.
In 2020, Harris proposed significant pay hikes for public school teachers during her campaign, while the Biden-Harris administration has pushed to eliminate bias in home appraisals and use the $700 billion federal contracting budget to boost minority businesses.
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Harris has released a few economic policies so far, such as pushing for the construction of 3 million new housing units and a tax incentive for builders who construct homes for first-time buyers, as well as a $40 billion fund to help local governments find solutions to the problem of supply. The vice president also broke away from Biden’s stance on hiking up the top capital gains rate, claiming as president she would call for a tax rate of 28% as opposed to the president’s 44.6% rate.
Her campaign previously told the Washington Examiner that she no longer supports a federal job guarantee, something that many proponents of a Green New Deal have pushed for. She has also reversed course on eliminating private healthcare plans as part of a Medicare for All plan and banning fracking.
