As the economic policy positions of the Harris-Walz ticket start to come into view, they’re increasingly converging with those of her Republican opponents: Donald Trump and JD Vance.
Over the weekend, Vance told CBS News he would support expanding the Child Tax Credit to $5,000 per child, while acknowledging a difficult road to secure support on Capitol Hill. Senate Republicans earlier this month blocked an expansion of the child tax credit.
Harris’ allies say she continues to support a larger child tax credit, which earlier this year she suggested should return to the amount temporary established under the American Rescue Plan of up to $3,600 per child under 6 and $3,000 for children between 6 and 17. The Harris campaign declined to say where her position on the CTC would eventually land.
Two sources close to Harris suggested that, while she would lay out a set of new economic proposals during her remarks on Friday, they would be “additive” to what the Biden administration has done thus far, not wholesale revisions of those policies. But with Harris holding more centrist views than the party’s left flank that drove much of the early Biden agenda, the sources suggested that seemingly proposals to lower costs through government programs could be coupled with tax cuts elsewhere.
“She’s going to toe the line between helping people build lives and not interfering with people who have already done that,” like wealthier people, a source close to Harris tells CNN.
To be sure, Harris over the weekend proposed eliminating tips on wages during a rally in Las Vegas, where one-third of workers are employed by the leisure and hospitality industry. That policy was first floated by Trump during a rally in the same location back in June, marking the second time in a week that the opposing political parties have found themselves on common policy footing.
