Vice President Harris Announces Economic Policy Proposals, Including Price Gouging Ban

Thursday, 15 August 2024, 03:03

In her upcoming speech in North Carolina, Vice President Harris is set to unveil a series of economic policies as part of her presidential campaign. A significant focus will be on advocating for a federal ban on corporate price gouging, particularly in the meat industry, which has seen soaring prices affecting consumer grocery bills. Harris also aims to address corporate consolidation, promote small business support, and outline measures to prevent unfair mergers. This speech marks her first policy-focused address since launching her campaign.
The Hill
Vice President Harris Announces Economic Policy Proposals, Including Price Gouging Ban

Overview of Harris's Economic Policy Proposals

Vice President Harris will deliver remarks in North Carolina on Friday, highlighting key economic policy proposals for her presidential campaign. A major point of discussion will be a call for a federal ban on corporate price gouging.

Focus on Grocery Prices and Market Consolidation

  • Harris will emphasize the impact of soaring meat prices on grocery bills.
  • She will address the issue of corporate consolidation in the market.
  • A plan for her first 100 days in office, if elected, will also be outlined.

Regulatory Measures and Support for Small Businesses

  1. Harris plans to call on the Federal Trade Commission to investigate corporations engaged in price gouging.
  2. She proposes increased support for small businesses to compete against larger meat processors.
  3. A crackdown on unfair mergers and acquisitions is also on the agenda.

Political Context and Challenges

This speech comes amid criticism from the Trump campaign, with the former president blaming Harris for ongoing inflation issues. Trump's counter-proposals include tax cuts and tariffs, which some experts warn could exacerbate inflation. This event marks Harris's first significant policy speech since her campaign began.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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