CNN anchor says Harris’ price control plan ‘sounds’ like a ‘ploy:’ ‘Is it really policy?’
CNN anchor Abby Phillips expressed skepticism Thursday about one of Vice President Kamala Harris’ first economic policy proposals. During the programme, the presenter read out a commentator’s criticism that the price controls proposals were designed to pander to “economically illiterate” voters, and seemed to agree that they were a way to get easy votes from […]
Harris Campaign Dodges on Definition of ‘Price Gouging,’ ‘Not Trying to Do Every Detail’
On Friday’s broadcast of MSNBC’s “The Chris Jansing Report,” Gene Sperling, senior economic adviser to the Harris-Waltz campaign, was asked how Vice President and 2024 Democratic presidential candidate Kamala Harris plans to define “price gouging,” saying she was “not trying to get into the nitty gritty.” “Going back to the topic of price gouging at […]
Obama economist trashes Kamala Harris’ price control plan: ‘This is not sensible policy’
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‘Bad Case Scenario’: Former Obama Economist Slams Kamala Harris’ Plan For Nationwide ‘Price Controls’
Former President Barack Obama’s chief economist has joined a chorus of experts criticizing Vice President Kamala Harris’ proposed plan to lower housing and grocery costs, The Washington Post reported Friday. Jason Furman, a former vice chairman of the National Economic Council under the Obama administration, expressed concern about Harris’ proposal to impose fines on companies […]
Honest small businesses are paying the price for COVID fraud
The promise will be kept. However, Employee Retention Tax Credit. Four years ago, the federal government promised small businesses that they would be compensated if they kept their employees on the payroll during a once-in-a-lifetime global pandemic. But in hundreds of thousands of cases, that promise hasn’t been kept. The IRS has publicly estimated that […]
Harris’ price control proposal risks validating ‘communist’ label, says liberal Washington Post columnist
Washington Post columnist Katherine Rampell criticized Vice President Harris’ proposal to implement federal price controls to stop “price gouging” on food. “It is impossible to overstate how bad this policy is,” Rampell wrote. An editorial published Thursday“This is sweeping government price control in all but name, not just in the food industry but in all […]
Grocery stores are moving to digital price tags: are they harming consumers?
Anthony Chan, a former chief economist at JPMorgan Chase, was responding to Kamala Harris saying she would make lowering prices a priority on her first day in office, even though she’s already in office. Two Democratic senators are investigating Grocery store chains Kroger has expressed concerns about the use of digital price tags, known as […]
5 takeaways from first Medicare drug price negotiations
The first round of price negotiations on 10 drugs was announced Thursday amid a lavish White House reception that Democrats celebrated as the result of years of hard work. Administration officials touted the plan’s $6 billion savings to taxpayers and roughly $1.5 billion reduction in out-of-pocket costs for seniors by 2026. Here’s what you need […]
Harris says price gouging is to blame for high prices. Is she right?
Former Treasury Assistant Secretary for Economic Policy Michael Vogtunder says nothing has changed that would ease inflationary pressures on Kudlow. vice president Kamala Harris He is set to unveil the first federal price-fixing plan for businesses as part of a comprehensive effort aimed at reducing food prices and other everyday expenses. “There is a big […]
I Worry Biden’s Rent Price Control Plan Will Hurt Supply, Harris Doing One for Food Is Good
On Thursday’s episode of NewsNation’s “The Hill,” Rep. Raja Krishnamoorthi (D-Ill.) defended 2024 Democratic presidential candidate Vice President Kamala Harris’ apparent support for food price controls, but said he’s “a little bit worried” about President Joe Biden’s push for rent caps, fearing they will reduce the housing supply. “Your main points are: [2024 Republican presidential […]