Kamala Harris supports $2,000 monthly stimulus checks to help Americans claw out of pandemic ruin — and she's long backed plans for Democrats to give people more money
as his vice presidential running-mate on Tuesday, putting on the Democratic ticket a former campaign rival with economic plans further to his left.
"[Harris] is not only highly sensitive to challenges in affordable housing and the inadequate income growth for low and middle-income households, she's absolutely put out some of the most ambitious and detailed proposals that would not just begin to tackle these issues but address them," Indivar Dutta-Gupta, co-executive director of the Georgetown Center for Poverty and Inequality, told Business Insider.
Though it wasn't a campaign centerpiece, the economic anchor of Harris' platform was a middle-class tax-cut plan called. It sought to provide $3,000 to individuals earning below $50,000 through a refundable tax credit, doubled to $6,000 for married couples. The legislation has a hefty price tag of $2.8 trillion over a decade, and Harris said it would be financed by repealing the 2017 Republican tax cuts.
The bill is a European-style monthly cash allowance for children, providing $3,600 annually for children younger than 6 and $3,000 yearly for kids aged 6 to 16. It'd phase out for households earning above $100,000 a year.
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