The Fort Worth Press - Harris to unveil plan for US economy in major policy rollout

USD -
AED 3.672504
AFN 64.503991
ALL 81.111622
AMD 361.140403
ANG 1.789785
AOA 917.000367
ARS 1523.143125
AUD 1.422273
AWG 1.8025
AZN 1.70397
BAM 1.747116
BBD 2.014302
BDT 123.686291
BGN 1.747831
BHD 0.377417
BIF 2997.811425
BMD 1
BND 1.278312
BOB 11.776424
BRL 4.977204
BSD 1.000138
BTN 94.895662
BWP 13.777424
BYN 2.936544
BYR 19600
BZD 2.011354
CAD 1.40015
CDF 2316.000362
CHF 0.824985
CLF 0.025294
CLP 995.510396
CNY 6.67805
CNH 6.670604
COP 3150.41
CRC 456.38687
CUC 1
CUP 24.002072
CVE 98.499703
CZK 21.719504
DJF 177.720393
DKK 6.67165
DOP 61.342898
DZD 134.335699
EGP 55.079216
ERN 15
ETB 162.670353
EUR 0.89267
FJD 2.237204
FKP 0.74735
GBP 0.747608
GEL 2.590391
GGP 0.74735
GHS 11.595977
GIP 0.74735
GMD 74.000355
GNF 8850.814466
GTQ 7.64486
GYD 209.461874
HKD 7.84235
HNL 26.849912
HRK 6.728204
HTG 131.07388
HUF 327.370388
IDR 18093.85
ILS 3.10555
IMP 0.74735
INR 94.92835
IQD 1516.108429
IRR 1832375.000352
ISK 121.780386
JEP 0.74735
JMD 158.719383
JOD 0.70904
JPY 156.860385
KES 129.830385
KGS 87.448604
KHR 4085.971557
KMF 439.503794
KPW 899.999961
KRW 1323.720383
KWD 0.31069
KYD 0.833452
KZT 454.080129
LAK 22505.002501
LBP 89558.797256
LKR 332.079753
LRD 170.513828
LSL 16.569461
LTL 2.95274
LVL 0.60489
LYD 6.404988
MAD 9.823308
MDL 18.051883
MGA 4522.797113
MKD 54.978355
MMK 2100.348965
MNT 3600.056668
MOP 8.079754
MRU 39.968913
MUR 47.160378
MVR 15.460378
MWK 1734.170657
MXN 18.668404
MYR 4.085304
MZN 63.903729
NAD 16.569461
NGN 1332.060377
NIO 36.803952
NOK 9.35739
NPR 151.832381
NZD 1.754386
OMR 0.383029
PAB 1.000054
PEN 3.434648
PGK 4.478945
PHP 63.618038
PKR 276.747271
PLN 3.92999
PYG 5784.116236
QAR 3.645557
RON 4.779804
RSD 105.321038
RUB 80.331771
RWF 1477.613807
SAR 3.754258
SBD 8.07458
SCR 13.984422
SDG 601.503676
SEK 9.931804
SGD 1.276804
SHP 0.7473
SLE 22.950371
SLL 20969.504398
SOS 571.530662
SRD 37.628038
STD 20697.981008
STN 21.885845
SVC 8.750765
SYP 13001.999685
SZL 16.568851
THB 33.740369
TJS 9.215947
TMT 3.51
TND 2.986391
TOP 2.40776
TRY 49.696304
TTD 6.795332
TWD 32.585804
TZS 2645.000335
UAH 45.276567
UGX 4405.754637
UYU 40.108624
UZS 11968.430785
VES 879.788904
VND 25842.5
VUV 118.928057
WST 2.764707
XAF 585.553409
XAG 0.018551
XAU 0.000250266221
XCD 2.70255
XCG 1.802403
XDR 0.707052
XOF 585.553409
XPF 106.534935
YER 236.103589
ZAR 16.57565
ZMK 9001.203584
ZMW 20.107375
ZWL 321.999592
SSP 5745.817056
MXV 2.106972
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Harris to unveil plan for US economy in major policy rollout
Harris to unveil plan for US economy in major policy rollout / Photo: © AFP/File

Harris to unveil plan for US economy in major policy rollout

Kamala Harris is expected to take on companies unfairly jacking up prices as she sets out her economic agenda Friday in her first major policy announcement as the Democratic Party's presidential nominee.

Text size:

The vice president, who replaced President Joe Biden atop the ticket last month, has been carried by surging enthusiasm, bolstered by new government figures this week showing inflation cooling.

More Americans now trust Harris to handle the economy than her Republican rival Donald Trump, according to a new University of Michigan poll, the first time in this election cycle that the former president has been behind on the issue.

But with the Democratic National Convention just days away, the 59-year-old vice president has been under increasing pressure to tell voters exactly what she stands for.

And while she has previewed a handful of policies, she has yet to settle on a concrete plan for governing, instead framing the sprint to the November 5 election in broad terms as a "fight for the future."

"Elections aren't just about winning. They're about accumulating political capital for a particular agenda, which Ms. Harris can't do unless she articulates one," the conservative Wall Street Journal said in an editorial.

Harris's first economic proposal -- to not tax tips -- perplexed some Democrats, who mocked the proposal as a "ploy" for votes after Trump first floated something similar.

She was on firmer ground on Thursday as she touted a likely vote-winning cut in medication costs for seniors and took part in her first joint public event with Biden since she replaced him amid concerns over his mental acuity.

In her widely anticipated speech in Raleigh, North Carolina on Friday, Harris is expected to call on Congress to pass the first federal ban on so-called "price-gouging" that will come with penalties on food companies that unfairly increase prices.

- Personal attacks -

Harris will also draw a contrast with Trump's economic vision, US media reported, arguing that his plan for tariffs of up to 20 percent on imports will drive up costs for food and other everyday items.

Some strategists have been telling Harris to keep things vague -- avoiding potentially divisive granular policy detail -- as long as the wave of enthusiasm over her candidacy shows no signs of breaking.

Others have advised her to put some distance between herself and Biden, who has struggled in his approval ratings on the economy, although their joint appearance Thursday suggested they remain close.

Harris has adopted much of Biden's economic agenda, promising to eradicate "junk fees" while bringing down prescription drug prices and housing costs -- and keeping the president's no-tax-hikes pledge for those making under $400,000.

On Friday, she will "launch an urgent and comprehensive four-year plan to lower housing costs for working families and end America's housing shortage", campaign officials said.

Harris will call for the construction of three million new housing units over the course of her first term, introduce increased tax incentives to builders of starter homes and rental housing, and take on corporate landlords who are jacking up rents.

Trump has been seething since Biden bowed out of the presidential race and passed the torch to Harris on July 21, and Republicans have been begging the former president to focus on policy and quit his personal attacks on his new opponent.

But Trump has been unable to stay on message, griping about Harris's crowd sizes, attacking her mixed race heritage and calling the former California attorney general stupid.

In a rambling North Carolina speech Wednesday meant to focus on his own economic message, Trump devoted much of his attention to personal insults and even said he was "not sure" that the economy is the "most important subject" in the election.

J.Ayala--TFWP