Trump has been a vocal critic of the Biden-Harris administration's handling of the economy, saying their policies are to blame for inflation, which reached a 40-year high in 2022 but has since cooled to 2.9% year-over-year as of July. His policies include restoring "energy independence" through drilling more oil and lowering gas prices.
Harris has presented a plan for what she's calling an "opportunity economy" that builds on what the administration's done on drug pricing and the Child Tax Credit but also goes further. Her proposal includes $25,000 in down-payment support for first-time homeowners, construction of 3 million new housing units, raising the minimum wage, and a ban on corporate price-gouging on food.
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