Our friends at the Committee to Unleash Prosperity gave us a heads-up that the House Budget Committee has now just completed a thorough analysis of "Kamalonomics" and has
cataloged some of the wildly progressive economic policies she has supported while in DC.
Open-border czar Harris is a proponent of giving free health care to illegal immigrants even as she claims to prioritize the middle class; however, her ideas would only add to the already hefty price tag that American taxpayers must shoulder.
Here's a brief sample of what's on the free stuff list:
* Free Childcare: Kamala cosponsored S. 1806, the Child Care for Working Families Act, which would create new federal entitlement programs for child care. Cost: $600 billion over the next decade.
* Free parental leave: Kamala supported a plan to create a government-mandated parental leave, which she would have paid for by imposing new payroll taxes on families.
* Free Health Care: In 2019, then-Presidential candidate Harris rolled out her Medicare for All proposal, which included coverage for more than 11 million illegal immigrants. Projected to cost $44 trillion over ten years.
* Free College: In 2017 Harris was an original cosponsor of Bernie Sanders' plan for free college, S.806, College for All Act of 2017. Cost: $600 billion over the next decade.
* Free Child Rearing Expenses: Harris proposed Expanding the Child Tax Credit (CTC) and making it fully refundable (a cash grant) of up to $6,000 in first year of life. Cost: $1.2 trillion over 10 years.
* Free Down payment on Home Purchase: Kamala would provide a tax credit of up to $25,000 to first-time homebuyers, further boosting demand for home ownership and lead to higher home prices. Cost: $100 billion over the next decade.
During her tenure as a United States Senator, Kamala Harris supported and advocated for the implementation of economic policies that would decimate America’s workforce and torpedo the economy.
Fast forward to the recently unveiled Harris-Waltz economic proposal, Vice President Harris continues to advocate in favor of policies that would further stifle American prosperity.
The Penn Wharton Budget Model analyzed the Harris-Walz economic plan and reported some alarming results:
* Deficits would increase by $1.2 trillion over the next 10 years on a conventional basis, and by $2.0 trillion on a dynamic basis.
* Relative to current law, GDP falls by 1.3 percent by 2034 and by 4 percent within 30 years.
* Capital investment and working hours also fall, resulting in pre-tax wage losses for all income groups of nearly one percent over the next decade and by 3.3 percent in 2054.
Cost of Harris-Walz Economic Plan:
Last month, Vice President Kamala Harris released a document outlining a number of proposals she would aim to enact if elected President: the so-called “Agenda to Lower Costs for American Families.”
This plan stands to cost taxpayers nearly $1.7 trillion over the next decade.
The Harris-Walz campaign has said that this economic package would be paid for through taxes on job creators, and that they support revenue raisers in the President’s FY25 budget. However, the campaign has not put forward specific offsets as a part of the “Agenda to Lower Costs for American Families.”
The Bottom Line:
Since the Biden-Harris Administration assumed office, the average family of four must pay an additional $17,169 per year, or $1,431 per month, to purchase the same goods and services. The Biden-Harris Administration’s track record of reckless spending continues to drive us down an unsustainable fiscal path. Kamala Harris’s proposals do nothing to ensure that future generations will not be burdened by out-of-control debt. America cannot afford a Harris Presidency.
2024 Election
Democrat contributions
price gouging
price controls
first-time home buyers
25th Amendment
public housing
ActBlue donations
Donald Trump campaign
Kamala Harris campaign
Kamala Harris senate record
vice president vetting
Michigan Governor Gretchen Whitmer
North Carolina Governor Roy Cooper
Arizona Senator Mark Kelly
Minnesota Governor Tim Walz
Pennsylvania Governor Josh Shapiro
Since the Cacklemaniac is nothing but an unmitigated Communist hypocrite this is no great surprise. Karl Marx and Vladimir Lenin would be very proud of their spiritual daughter.