SELECT LANGUAGE BELOW

Kamala Harris still touts Goldman Sachs review of her economic plan that firm’s CEO dismissed

WILKES-BARRE, Pa. — Vice President Kamala Harris on Friday hyped up Goldman Sachs' review of her economic plan after the firm's CEO noted the report showed VP Harris' policies would have a minimal impact on the economy.

“Independent economists like Goldman Sachs say my plan will grow the economy and [former President Donald Trump’s] “This plan will shrink our economy, reignite inflation and push us into a recession by the middle of next year,” Harris argued at a rally in Wilkes-Barre, Pennsylvania.

The vice president also cited the investment bank's report during Tuesday's debate with Trump, prompting Goldman Sachs CEO David Solomon to accuse Harris of overstating her analysis.

Harris cited a Goldman Sachs report on her economic plan, but the company's CEO downplayed the report earlier this week. AFP via Getty Images

“I think this has escalated into a bigger event than it was originally intended to be,” Solomon told CNBC on Wednesday.

The Wall Street heavyweight also noted that the report was “from an independent analyst” and not someone employed by the firm, and said Harris left out key details, such as the fact that the difference between her plan and Trump's was “about 0.2 percent of 1 percent.”

“The report looked at some of the policy agendas put forward by both sides and tried to model the impact that would have on GDP growth,” Solomon explained. “The reason this report got so much attention is because it showed that the difference between the policies put forward by the two sides was on the order of half a percentage point.”

of Trump campaign He accused Harris of “lying” about the report's findings.

At the campaign event, Harris misrepresented Trump's positions on several policy issues, including claiming the Republican presidential nominee “wants to cut Social Security and Medicare” and would use the Heritage Foundation's Project 2025 as a blueprint for her administration.

Trump campaign formula Platform “I will fight for and protect Social Security and Medicare with no cuts, including changing the retirement age,” the 45th President said.

President Trump, 78, has also repeatedly rejected Project 2025, claiming he has no intention of even reading the think tank's policy recommendations.

Harris has called for eliminating degree requirements for certain federal jobs, and her campaign did not respond to a request for comment on which jobs her proposal would cover. AFP via Getty Images

In her new campaign platform, Harris promised to eliminate “unnecessary degree requirements” for federal jobs, something the government is already working on.

“As president, I will eliminate unnecessary degree requirements for federal jobs and create more jobs for people without a four-year degree,” she told Keystone State supporters. “We understand that requiring a particular degree does not necessarily speak to a person's skills.”

“And I call on the private sector to do the same,” she vowed.

U.S. Office of Personnel Management Federal Job Portal “Except for certain professional and scientific positions, many government jobs may not require a college education,” the law states.

“You may qualify for many federal jobs based on job-related work experience,” the website states.

The White House also Announced The agency announced in April that federal information technology jobs would move to a skills-based hiring process and remove education requirements for certain technology and cybersecurity positions.

The Harris campaign did not respond to The Washington Post's request for comment.

Harris leads Trump in Pennsylvania by 0.1 percentage point, according to a RealClearPolitics average of polls. Getty Images

The vice president's speech was interrupted by several anti-Israel protesters, at least one of whom was ejected from the speech.

“I respect your opinions, but I'm the one speaking right now,” Harris said amid the raucous interruption.

Postal voting for the presidential election begins on Monday in Pennsylvania, the battleground state with 19 electoral votes at stake in November.

“It's great,” Bridget Kosielowski, a 53-year-old Democratic state representative from Scranton, told The Post about the voting process in the Keystone State. [allow] “It's really important that we get people out to vote and give them the time and access to do so.”

“I believe this is a fair and legal process,” she added, saying she plans to vote on Election Day, but her children will vote by mail.

Koscielowski said he was “thrilled” by Harris' “passion” and “empathy” and her “focus on women's health, reproductive rights, child care, the workforce, health insurance, protecting the Affordable Care Act and protecting access to health care.”

“She understands what people are thinking,” the state legislator said.

James Airton, a 42-year-old higher education administrator from Brandon, Pennsylvania, told The Post that “policy-wise” he admires Harris for her strong support for preserving Obamacare and her stance on the Israel-Hamas war.

“I like keeping Obamacare. I like her ideas on finding a solution to the Middle East problem. And economically, we have a fair tax system,” he said.

Asked about Harris' debate performance, Ayrton said he didn't think it did the vice president much favor.

“Unfortunately, I'm not sure that would help much,” he said. “Maybe a bad performance by Trump would help more than a good performance by her.”

According to the latest RealClearPolitics average of polls, Harris is leading Trump in Pennsylvania by just 0.1 percentage point.

Facebook
Twitter
LinkedIn
Reddit
Telegram
WhatsApp

Related News