Harris’ ‘Illiteracy’ on Prices ‘Surprising in a Responsible’ Candidate Whose Administration Helped Cause Inflation

On Friday’s “PBS NewsHour,” The New York Times Columnist David Brooks said 2024 Democratic presidential candidate Vice President Kamala Harris’ “price gouging” proposal shows “a staggering level of economic ignorance for a responsible Democratic candidate.” He said the whole idea is to convince people that “inflation was much lower under the Obama and Bush administrations, […]

Watch live: Trump campaigns in Pennsylvania with focus on crime, rising prices

Former President Trump returned to Pennsylvania on Saturday ahead of next week’s Democratic National Convention, hoping to garner support from voters in the city near President Biden’s hometown of Scranton and stave off enthusiasm for Vice President Harris, who is rising sharply in the polls. He is also expected to focus on rising prices and […]

Harris’ Homebuyer Tax Credit Will Drive Up Prices

On Friday’s CNN International broadcast of “First Move,” CNN economic and political commentator The Washington Post Columnist and PBS NewsHour special correspondent Katherine Rampell said a tax credit for first-time homebuyers proposed by Vice President and 2024 Democratic presidential candidate Kamala Harris “would likely be passed on in higher prices” because of limited supply. “Unfortunately, […]

Kamala Harris admits food prices have surged under Biden 

Vice President Kamala Harris acknowledged to a small crowd of supporters on Friday that food prices are “too high” under President Biden. “We all know that supply chains were shut down and crippled during the pandemic, causing prices to rise. But while supply chains are improving now, prices remain too high,” the 59-year-old Democratic presidential […]

Kroger to slash grocery prices by $1B after Albertsons acquisition

Grocery giant Kroger has pledged to slash prices at Albertsons stores by $1 billion following a proposed takeover of rival chain Albertsons, but Wall Street is increasingly skeptical the deal will win government approval as food inflation continues to rattle U.S. politics. Kroger is upping the ante on the $25 billion megadeal after promising to […]

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 […]

What's the difference between Trump, Biden actions on insulin prices?

Former President Trump has argued that he, not President Biden or Vice President Harris, is responsible for capping insulin prices at $35 a month. The Trump administration implemented a temporary program that allowed some Medicare drug plans to voluntarily cap insulin costs. Inflation Control Law President Biden signed the IRA bill, banning fees of more […]