BREAKING: Harris announces economic plan, here are top 10 takeaways, Trump camp warns it is ‘full communist’

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From the New York Post: Vice President Kamala Harris on Friday unveiled the economic policies she would enact in her first 100 days in office — and they’re largely based on handouts.

She advocates for providing free cash to those buying a home for the first time, as well as for lower- and middle-income families having children, in addition to her controversial plan to fix prices on groceries.

The revelation is her first big policy announcement since replacing President Biden at the top of the Democratic ticket as the 81-year-old incumbent and the White House have said there is “no daylight” between his and her policies.

But some of Harris’ policies would be the first of their kind — including setting price limits on groceries at the federal level, which the Trump campaign was quick to label a Communist “Maduro plan.”

Many of her economic policies also include tax breaks and a large dole of cash — $25,000 — for those buying a home for the first time.

Included in Harris’s plan is support for ending taxes on tips, which former President Donald Trump had first proposed two months ago.

Harris is also calling for 3 million new “affordable” housing units to be built over the next four years, and is suggesting a new tax incentive for companies that build homes for first-time buyers.

“She will also endorse legislation that would crack down on the use of property-management software that has allegedly been used by landlords to fix apartment rent prices at buildings across the U.S.,” the Wall Street Journal reported.

Journalist Simon Ateba posted a summary on X with 10 takeaways from Harris’s plan:

Vice President Kamala Harris has just now unveiled her economic agenda, providing her most detailed vision yet of governing priorities as the Democratic Party’s presidential nominee.

NOTE: Her plan includes significant proposals such as eliminating medical debt, capping prescription drug costs, and providing a $6,000 Child Tax Credit for newborns.

NOTE: The agenda seems to reflect a commitment to lowering costs for American families and extends beyond some of the policies promoted by President Biden.

Here are 10 Key Takeaways:

1- Populist Agenda: Harris’s agenda is aggressively populist, focusing on government intervention to lower costs for American families.

2- $6,000 Child Tax Credit: She proposes a $6,000 Child Tax Credit for the first year of a baby’s life, a significant increase from the current $2,000 credit.

3- Medical Debt Elimination: Harris supports eliminating medical debt for millions of Americans, potentially through federal funds to buy and forgive outstanding debt.

4- Price Gouging Ban: Her plan includes a “first-ever” ban on grocery and food price gouging, with potential fines for stores imposing excessive price hikes.

5- Housing Subsidy: A $25,000 federal subsidy for first-time homebuyers is proposed, aiming to expand housing access.

6- Prescription Drug Costs: Harris wants to cap prescription drug costs, including extending the $35 per month insulin cap to all Americans.

7- Medicare Negotiations: She plans to expand Medicare’s ability to negotiate drug prices, which could save billions for taxpayers.

8- No New Tax Increases: Harris has committed not to raise taxes on Americans earning under $400,000 per year.

9- Criticism and Concerns: Some Democrats are concerned about the fiscal sustainability of her proposals and her endorsement of tax cuts on tips.

10- Focus on Battleground Voters: The agenda appears designed to appeal to middle-class voters in battleground states, prioritizing immediate economic relief over long-term fiscal concerns.

In his podcast Friday morning, Dennis Michael Lynch blasted Harris’s plan to give first-time home buyers up to $25,000 of American taxpayer money. WATCH BELOW:

DML also warned, “#Kamala is proving she & #WalzIsWeird are socialists/communists. #PriceControls fail everywhere, be it Argentina, Cuba, Soviet Union, Venezuela, and US. She/Joe inherited a great economy then killed it.”

CNN is also blasting Harris over her $25,000 giveaway.  Matt Gorman: “This new program Kamala proposed is Far-Left — price controls essentially. She kind of conveniently forgot she was Vice President for the last 4 years when the housing market crisis was at its worst — when inflation was at its worst.”

And…. even CNN is slamming Harris’s “price-gouging” ban.

Fox News commentator Charles Payne warned, “What we’re talking about is a WAR on capitalism. They want to CONTROL. Why do you want to change all of the things that made us the GREATEST country in the world?”

Harris announced her radical economy policies in a speech in the battleground state of North Carolina Friday afternoon. 

Throughout her speech, the Trump War Room posted video clips and blasted it to pieces.

KAMALA HARRIS: “Our country has come a long way since President Biden and I took office.”

(Overall prices are up 20.2%, gas prices are up 50%, energy bills are up 30%, and mortgage rates have tripled since those clowns took office)

Kamala Harris says this election is about “two very different visions for our nation.”

Harris’s vision is a Soviet-style communism. President Trump’s vision is a return to opportunity and prosperity.

Kamala Harris ADMITS “Americans don’t yet feel that progress in their daily lives” after nearly four years of Harris-Biden. Now, she’s asking for four more years.

KAMALA HARRIS: “When I am elected president, I will make it a top priority to bring down costs.”

Why hasn’t she done this in her first four years? She’s a lying fraud.

KAMALA HARRIS: I will go into greater detail “in the weeks to come.”

Early voting begins in North Carolina in just 21 days. Kamala doesn’t even respect the American people enough to provide details on her policies.

BREAKING: Kamala Harris proposes a Soviet-style, communist price control scheme similar to Venezuela and Cuba

KAMALA HARRIS: “The housing market can be complicated, but look, I’m not new to this issue.”

FACT: Under Harris, the median housing payment has increased $1,000/month. Overall housing costs are up 50%. The cost of homeownership is at its highest in three decades.

Kamala Harris admits the American Dream is “out of reach for far too many Americans” since she and Biden took office — so she’s asking for four more years.

All she has is bullshit.

KAMALA HARRIS: We will make those homes actually go to working and middle-class Americans.”

(She’s lying again — she says she will give illegals $25,000 to buy homes)

Kamala inexplicably rails against President Trump’s successful tax cuts, which lowered taxes for 91% of Americans in EVERY income bracket.

She wants to ELIMINATE those tax cuts — and raise taxes by trillions more. Kamala Harris is the face of communism.

Below is Harris’s full speech, as she laid out her economic plan for America at an event in Raleigh, North Carolina Friday afternoon.

The Dennis Michael Lynch Podcast is available below, with the most recent on top. Never miss an episode. Subscribe to the show by downloading The DML News App or go to Apple Podcasts.

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