What voters need to know about Harris’ and Trump’s economic policy proposals
CNN
Locked in a tight race for the White House, Vice President Kamala Harris and former President Donald Trump are eager to show voters how they’ll handle the economy if elected.
Locked in a tight race for the White House, Vice President Kamala Harris and former President Donald Trump are eager to show voters how they’ll handle the economy if elected. Trump held two speeches this week centered on the economy and his policies, but he has yet to release a detailed economic plan. Harris is expected to unveil a broad economic plan on Friday afternoon. Trump repeatedly slams the Biden-Harris administration for high inflation and has pledged to bring down prices immediately. In reality, a president has few tools to address rising prices unilaterally. It’s the job of the Federal Reserve to set interest rates. And the inflation rate has already slowed, though prices remain high. Here’s what we know so far about Harris’ and Trump’s economic plans: Both Trump and Harris have called for ending federal taxes on tips – though Trump unveiled the idea first and has blasted his rival for copying him. The proposal has become one of Trump’s favorite pledges at his campaign rallies.
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