Tuesday, February 18, 2025

Kamala Harris Unveils Economic Plan To Tackle Price- Gouging, Housing Shortage, Others.

US Vice President Kamala Harris is set to unveil her economic agenda in a major policy announcement, focusing on tackling price-gouging, the housing shortage, and corporate landlords.

Her plan includes a federal ban on price-gouging, penalties for food companies that unfairly increase prices, and measures to lower housing costs for working families.

Harris’s economic proposal comes as she faces increasing pressure to articulate her policy vision ahead of the Democratic National Convention.

Her plan adopts much of President Joe Biden’s economic agenda, including eradicating “junk fees,” reducing prescription drug prices, and keeping the no-tax-hikes pledge for those making under $400,000.

The vice president’s announcement is expected to draw a contrast with Republican rival Donald Trump’s economic vision, which includes tariffs of up to 20% on imports.

Harris’s campaign has emphasized the need for a comprehensive plan to address the housing shortage, with proposals to construct three million new housing units, increase tax incentives for builders, and take on corporate landlords.

READ MORE: Brazil, Colombia Demand Fresh Elections Amidst Disputes In Maduro’s Victory

As Harris sets out her economic agenda, she faces personal attacks from Trump, who has been unable to stay on message and has devoted much of his attention to personal insults.

Despite this, Harris remains focused on articulating her policy vision and accumulating political capital ahead of the November 5 election.

Hot this week

Kenya’s Rose Exports Wither Under Pests, EU Regulations

Kenya's $1 billion flower export industry, a lifeline for...

Nigeria’s Defence Chief Exposes Foreign Links to Boko Haram, Calls for Action

Chief of Defence Staff General CG Musa has indeed...

Nigeria’s Dangote Refinery Reduces Diesel Prices for the Third Time Since Launch

The Dangote Petroleum Refinery has cut the gantry price...

MTN Hikes Data Prices as NCC Approves 50% Tariff Increase

MTN Nigeria has raised its data subscription prices following...

Kenya’s Odinga, Djibouti’s Youssouf Lead Race for AU Commission Presidency

The race to lead the African Union (AU) Commission...

Jimoh Moshood Appointed Lagos Police Chief Amid Rising Security Concerns

The Police Service Commission (PSC) has appointed Moshood Jimoh...

JAMB Warns Universities Against Fake A’Level Admissions, Threatens Sanctions

Nigeria’s Joint Admissions and Matriculation Board (JAMB) has issued...

South Africa Weighs Nuclear Bids from Russia and Iran, Risking U.S. Fallout

South Africa is considering bids from Russia and Iran...

NDLEA Cracks Down on Trans-Border Drug Cartel, Seizes 190,960 Tramadol Pills

Nigeria’s anti-drug agency has dismantled a major trans-border drug...

WAEC 2024 Results: 67.55% of Private Candidates Secure Five Credits or More

The West African Examinations Council (WAEC) has released the...

Tinubu Blocks AU Proposal to Split Political Affairs and Security Department

President Bola Tinubu has rejected a proposal to divide...

Dangote Group to Invest $400M in Ethiopia Cement Expansion Amid Market Growth

Africa’s richest man, Aliko Dangote, is doubling down on...

Djibouti’s Youssouf Secures AU Commission Chair, Pledges Security and Unity

Djibouti’s Foreign Minister, Mahmoud Ali Youssouf, has emerged as...

Related Articles

Popular Categories