By Alexander William Salter American progressives are out of ideas. Instead of a bold economic agenda, all they have to offer is reruns of...
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Vice President Kamala Harris on Friday afternoon will unveil her plan to lower housing costs as part of her broad economic agenda that includes $25,000 for first-time home buyers, tax incentives to build greatly-needed starter homes, an expansion of the child tax credit for families with newborn children, and a federal ban on food price-gouging to help Americans lower costs at the supermarket, according to CNN."The initiatives are part of Harris’s emerging economic plan, which she is expected to outline in a speech on Friday in Raleigh, N.C.," the Wall Street Journal reports. "The vice president and Democratic nominee will propose restoring the expanded child tax credit of up to $3,600 a child, which was put in place in 2021 amid the Covid-19 pandemic and expired at the end of that year. She will also throw her support behind a new further expansion of the tax credit that would provide up to $6,000 in total relief for middle- and low-income families during the first year of a child’s life."NBC News on Thursday reported Harris's housing plan also includes "her support for efforts aimed at lowering the cost of rent and helping renters who are struggling financially."READ MORE: ‘Make Them Pay’: JD Vance Says ‘Destroy’ Those Who Oppose Values That Make America GreatExperts are applauding Harris's plan to address the affordable housing crisis."The Harris/Walz housing policy being announced Friday is brilliant. Massive growth policy targeting first time home buyers is how you focus a Latino policy without leaning into racial identity. This is a multi-ethnic working class agenda. I’m elated!" exclaimed Mike Madrid, the Latino GOP political consultant and Lincoln Project co-founder."1 in 5 Latino men work in the construction industry or a related field. Nearly 40% of Latino voters are under 30 years old - prime 1st time home buying years. This is a Latino focused policy - smartly focused on Latino men as workers & homebuyers," Madrid added."If this comes to fruition it will be as monumental as the Affordable Care Act," declared Daryl Fairweather, the chief economist at Redfin, the nationwide real estate brokerage firm, adding: "This policy is very meaningful for homebuyers in revitalizing rust belt cities and rural America."READ MORE: ‘My Wife Had This Baby’: JD Vance Trounced for ‘Misogynistic’ Views on Women and FamilyResponding to a Wall Street Journal headline, "Harris to Call for Construction of 3 Million New Housing Units, Tax Incentives to Build Homes for First-Time Buyers," Fairweather on X also wrote:Ben Harris, Brookings Institution director of economic policy told CNBC Friday, "economists have recognized the housing shortage as a major driver of inflation over the past four and five years. So, you know, the vice president coming out with the plan to add 3 million new homes to the market should certainly be welcomed by, I think most economists across the board."READ MORE: ‘Underestimating Harris’: Former Bush Strategist Warns Polls Off as Enthusiasm ‘Skyrockets’
By Alexander William Salter American progressives are out of ideas. Instead of a bold economic agenda, all they have to offer is reruns of...
By Alexander William Salter American progressives are out of ideas. Instead of a bold economic agenda, all they have to offer is reruns of...
By Peter Jacobsen The Kamala Harris campaign is still relatively young. The current Vice President and previous US Senator from California has barely...
By Peter Jacobsen The Kamala Harris campaign is still relatively young. The current Vice President and previous US Senator from California has barely...
The Penn Wharton Budget Model, a think tank headquartered at the University of Pennsylvania, recently released a study claiming former President...
At 43, Sharon Reese is a housing market refugee — forced to return to her Ohio hometown after 18 years in Las Vegas, despite a successful career...
At 43, Sharon Reese is a housing market refugee — forced to return to her Ohio hometown after 18 years in Las Vegas, despite a successful career...
After a year of "record-breaking," "unprecedented," and "all-time" highs and lows — whether it be in housing starts, condo listings, home sales, or...
The Center for American Progress on Tuesday released an analysis of the tax plans in Project 2025, a right-wing manifesto whose authors have close...
The Harris campaign is blasting Donald Trump's "lies" about in-vitro fertilization after the ex-president said on Thursday if elected he will order...