harris'-economic-plan-includes-$25,000-for-new-homeownersHarris' economic plan includes $25,000 for new homeowners
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By EFE

Aug 16, 2024, 07:31 AM EDT

Washington – The economic plan of the Vice President of the United States and Democratic candidate in the elections next November, Kamala Harris, includes a bonus of $25,000 dollars for those who buy a home for the first time, according to an announcement from her campaign office on Thursday.

Harris will deliver a speech in North Carolina on Friday in which she will outline her economic policy for reaching the White House, and in which she will propose a comprehensive four-year plan to tackle the housing crisis facing working-class and middle-class families in the country.

The Democrat is proposing within this plan a “historic support” of $25,000 dollars for the initial payment to new homeowners, as her campaign announced yesterday.

Harris also promises to build three million new rental and home-buying units over four years, seeking to boost the construction of more inventory that will ultimately make mortgages and rents cheaper.

This will go hand in hand with a tax incentive for the construction of “starter homes” and a new federal fund that will seek to stimulate the “construction of innovative homes.”

The campaign had already announced today that Harris will propose a federal ban on food price manipulation, as part of a broader plan to combat inflation.

According to the campaign, in her first 100 days as president, Harris intends to implement the first federal ban on food price gouging, establishing clear rules so that large corporations cannot artificially raise their prices to make huge profits.

If implemented, the plan would allow state attorneys general and the Federal Trade Commission, a government agency that protects consumer rights, to investigate and punish companies that violate the federal ban.

Harris, whose campaign has sparked new enthusiasm, is focusing her message on the economy in the days leading up to the Democratic National Convention in Chicago, where she will be officially proclaimed the party’s nominee for the November elections.

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