Kamala Harris's Economic Policies Under Scrutiny

As Vice President Kamala Harris navigates her new role, her past as a presidential candidate offers insights into her economic policies. In 2019, during the Democratic debates, Harris had the opportunity to present her economic vision, which included significant proposals that have since raised questions about her approach to governance. Political reporter Sabrina Rodriguez highlights Harris's trade policy, particularly her involvement in the USMCA deal, which reflects her stance on international trade and economic relations. Harris's tenure as a U.S. senator also involved addressing the mortgage crisis in California, a legacy she inherits as Vice President. The Obama administration's efforts to negotiate with major banks for debt relief and foreclosure fixes are part of the broader economic challenges she faces. Observers are keen to see whether her policies will align closely with President Biden's or if she will carve out her own path in economic governance. Critics have labeled Harris as a proponent of "big government socialism," pointing to her support for progressive initiatives that could significantly impact the middle class. The rising cost of living and declining wages during the Biden-Harris administration have intensified scrutiny of her economic strategies. Furthermore, her backing of the Green New Deal, "Medicare for All," and universal basic income suggests a commitment to expansive government programs funded by higher taxes. In summary, Kamala Harris's economic record as a senator and her current role as Vice President indicate a focus on regulation and redistribution, raising concerns among opponents about the implications for American economic policy.