Before President Biden released his statement withdrawing from the 2024 Presidential election, the vote felt as if it was a choice between the lesser of two evils. Biden’s generality with his policies on equality and women’s healthcare provided some comfort among many voters, while Trump’s policies seemed to only be getting more worrisome for voters as they worried if their rights would be taken away.
Now, with Kamala Harris being the official democratic candidate, the debate on economics is ramping up. The United States is counting on your vote.
On September 10th, 2024, Vice President Kamala Harris and former President Donald Trump took to the stage for their first presidential debate of many. ABC News reporter David Muir read the rules for the debate, one being that the candidates could not have notes previously prepared for their debate. For Vice President Harris, this presented no issue for the confidence in her debate plan. Trump, on the other hand, diverted much of his conversation on the economy to the matter of immigration and border control, delivering over 30 lies and fabrications according to CNN regarding his presidency, Biden’s, and Kamala’s campaign.
Harris’s plan is for the wellbeing of the American people. During the debate, Vice President Harris plans to build an “opportunity economy.” Harris acknowledged that the United States has a shortage of homes and housing, and the cost of housing is too expensive for too many people, saying “young families need support to raise their children.” Because of this, she would implement a $6000 child tax cut for families in the US. Trump’s policies, however, would result in roughly a $4000 tax raise for middle class families, which could be detrimental to many families living on the line of the middle and lower class.
For industry economics, the Harris administration will give small businesses a $50,000 tax cut, according to the Harris campaign website. On the other hand, Trump is planning to give a large tax cut to billionaires and impose a 20% tax on everyday goods.
Trump rebuttals Harris by saying he has no plan for a tax cut, that she is lying, and comments on the tariffs with other countries from his presidency. According to the Peterson Institute for International Economics, the US government spent over $20 billion to offset loss from their market in China when Trump was in office. America’s China Market that was gained with great effort over many years never recovered. Yet, Trump says that he “created one of the greatest economies in the history of our country”.
When asked if he had a plan to repeal and replace the Affordable Care Act, Trump said that he had “a concept of a plan”. Regardless of your political view, it is imperative to notice the inaccuracy in Trump’s statements during his discussions on his potential presidency.
Your vote matters, and if you want someone reliable to be at the forefront of this country, find your local polling location and vote Kamala Harris for President.