Harris Unveils Plan for Middle-Class Relief

Kamala Harris outlined proposals to cut taxes for most Americans, ban "price gouging" by grocers and build more affordable housing as part of the "opportunity economy" she plans to pursue if she wins the White House.

In her first major economy-focused speech as the Democratic presidential nominee, Harris pledged to introduce a new child tax credit of as much as $6,000 for families with infants, cut taxes for families with kids and lower prescription drug costs.

Harris told supporters at a rally in North Carolina, a state she hopes to win in the Nov. 5 election, that the U.S. economy was strong but prices were still too high. She said she would be laser-focused on the middle class as president.

"Together we will build what I call an opportunity economy," she said. "Building up the middle class will be a defining goal of my presidency because I strongly believe when the middle class is strong, America is strong."

Her agenda may run into resistance from both corporations and Congress, which rejected similar proposals when they came from President Joe Biden.

"Donald Trump  plans to give billionaires massive tax cuts year after year. And he plans to cut corporate taxes by over $1 trillion. Even as they pull in record profits. And that's on top of the $2 trillion tax cut he already signed into law when he was president which, by the way, overwhelmingly, overwhelmingly went to the wealthiest Americans and corporations and exploded the national deficit. You know, I think that if you want to know who someone cares about, look at who they fight for," She added.

Harris, who said she would reveal more details of her economic plans in the weeks to come, is aiming to draw a contrast with her opponent, Republican Donald Trump, on broad economic values, and specifically on tariffs and taxes.