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Harris promises tax breaks, investments for US manufacturers

VOA News | Thursday, September 26, 2024 
Harris promises tax breaks, investments for US manufacturers

U.S. Vice President Kamala Harris said on Wednesday she would offer tax credits to domestic manufacturers and invest in sectors that will “define the next century,” as she detailed her economic plan to boost the U.S. middle class. Speaking at the Economic Club of Pittsburgh in the battleground state of Pennsylvania, the Democratic candidate in the November 5 presidential election said she would give tax credits to U.S. manufacturers for retooling or rebuilding existing factories and expanding “good union jobs,” and double the number of registered apprenticeships during her first term. Harris also promised new investments in industries like bio-manufacturing, aerospace, artificial intelligence and clean energy. Harris’ speech, which lasted just under 40 minutes, did not detail how these policies would work. She highlighted her upbringing by a single mother, in contrast with former President Donald Trump, the wealthy son of a New York real estate developer. “I have pledged that building a strong middle class will be the defining goal of my presidency,” Harris said, adding that she sees the election as a moment of choice between two “fundamentally different” visions of the U.S. economy held by her and her Republican opponent, Trump. The vice president and Trump are focusing their campaign messaging on the economy, which Reuters/Ipsos polling shows is voters’ top concern, as the election approachesRead more

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