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Harris reveals good-vibes economic polices. Experts weigh in.

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Harris reveals good-vibes economic polices. Experts weigh in.
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Democratic presidential nominee Kamala Harris revealed for the first time some big economic plans on Friday, but these experts had mixed reactions on how much some of them would help everyday Americans.

Harris, who said in a fact sheet she’s focused on “some of the sharpest pain points American families are confronting,” plans to ease rent increases, cap prescription drug prices for everyone, boost first-time home buyers, end grocery price gouging and bolster the child tax credit.

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Many of these plans resonate with voters who have struggled in the past few years with soaring inflation, but some experts are wary of what they call “price controls” to fight high prices and how she intends to pay for some of her proposals. Any changes to the tax code also would require congressional approval and depend heavily on which party controls the House and Senate, tax experts say.

“It’s optimistic and targeted to improving the middle class; however, we have yet to see details, and it’s unclear how the congressional elections will impact the likelihood of passage,” said Mark Baran, managing director at consulting firm CBIZ MHM’s National Tax Office.

Former Republican New York Congressman and senior vice president at tax consultant alliantgroup Rick Lazio said in an email that the Harris campaign will need to consider “the societal costs of unsustainable higher public debt and its impact on inflation and the ability to respond to unplanned events, like recession, wars, pandemics, and natural disasters.”

The nonpartisan Committee for a Responsible Federal Budget estimate her full plan would increase deficits by $1.7 trillion over a decade and grow to $2 trillion if temporary housing policies were made permanent. “The Harris campaign has said this would be paid for through taxes on corporations and high earners and that they support the revenue raisers in the President’s fiscal year 2025 budget but has not put forward specific offsets as part of their agenda to lower costs for American families,” it said in a release.

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To get a better view of what experts liked and questioned, USA Today has compiled a more detailed look of each proposal.

Child tax credit

  • A return to COVID-era child tax credit (CTC) policies, which were $3,600 for qualifying children under age 6 and $3,000 for other qualifying children under age 18.

The CTC is currently $2,000 per qualifying child under age 17 that phases out for single filers earning over $200,000 and married couples with more than $400,000 in income. Republican vice-presidential nominee J.D. Vance has floated a $5,000 CTC and hinted at no income thresholds.

  • New, expanded tax relief of up to $6,000 for families with a newborn.

“We were super excited to see her propose this big expansion,” said Mary Nugent, advisor of domestic policy at nonprofit Save the Children US. “To put it front and center and to be including this new kind of bonus for new parents with those youngest kids is really exciting in terms of the impact.”

The plan would reduce child poverty by at least half, she estimates. “Most families would see an increased credit and, the top line there is that we would see massive cuts in child poverty.”

Health care and food prices

  • $35 price cap on insulin for Medicare recipients to cover insulin and annual out-of-pocket costs of $2,000 for all Americans, not just seniors.
  • Stiffer regulations and strict antitrust enforcement to prevent increased costs for consumers on drugs and food.
  • First-ever federal ban on price gouging on food and groceries.

The Groundwork Collaborative, a nonprofit progressive advocacy group, praised Harris’ push to hold companies accountable. “When just a handful of big companies control the majority of the market, or even control the market in a single region, they have the power to raise prices without worrying about a competitor nipping at their heels,” said Lindsay Owens, the group’s executive director, in a statement.

Economists were less enthusiastic, calling Harris’ efforts “price controls.”

“Harris is continuing with the Biden administration theme of blaming high inflation on corporate greed and price gouging – be it oil producers, pharmaceutical firms or, in this case, grocery retailers – rather than excessively loose pandemic-era fiscal and monetary policies,” wrote Paul Ashworth, chief North America economist for research firm Capital Economics, in a note. “She wants Congress to pass a federal ‘price-gouging’ ban. It sounds uncomfortably like price controls, which could lead to product shortages.”

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Housing

  • Block data firms from hiking lease rates, and prevent Wall Street investors from buying homes in bulk to resell at a premium.
  • New tax incentives for builders who construct “starter homes.”
  • Provide up to $25,000 in down-payment support for first-time homeowners.

“I’m encouraged by the recognition of by Vice President Harris of the affordable housing crisis in America,” Lazio said. “There is no congressional district in the nation that hasn’t seen a spike in the housing supply imbalance. Having said that, the devil is in the details and some of the initiatives like the subsidy for first time homebuyers regardless of their wealth or income needs to be rethought.”

Ashworth also noted many developed countries around the world “have tried to boost homebuilding but have struggled to achieve their goals because of capacity constraints in the construction industry or other bottlenecks, like zoning regulations.”

Tax-free tips: Trump, Harris agree on one thing: No taxes on tips. Here’s how it could impact the budget

What wasn’t discussed?

  • Tax Cuts and Jobs Act, which expires at the end of 2025, is a massive tax package passed in 2017 that included provisions that touch almost every American. If it expires, tax rates for most Americans will rise, income brackets will narrow, and the standard deduction would get cut in half which could force many Americans to itemize again, among many other things.

It’s the “big elephant in the room,” said Baran. “Letting it expire completely will hurt middle class Americans because tax rates will go up.”

Ashworth also noticed the lack of discussion “of whether she would support the extension of the original Trump tax cuts, even for those making less than $400,000 per year. That potential fiscal cliff that would hit at the end of next year is the real policy battleground.”

This is “bad economic policy, but understandable from a political standpoint given that it could be enough to win the election race in Nevada,” Ashworth said. “Assuming there are limits on the amount of income that can be counted as tips and that only income taxes are eliminated rather than payroll taxes too, that tax cut might cost up to $150 billion over the next decade.”

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  • Small and medium sized businesses.

“I’m disappointed that there was nothing today that spoke to the need to protect and incentivize these businesses that employ half of all Americans, and up until recently have generated most of the industry innovation in America,” Lazio said. He said he’d like to see Harris endorse tax incentives for research and development to spur innovation and to keep tax rates for small businesses steady.

 “Small business people are middle class people, too,” Baran said.

Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@usatoday.com and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday morning.  

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Video: Loud Booms Heard Along the East Coast This Week

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Video: Loud Booms Heard Along the East Coast This Week

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Loud booms were heard in the Boston area on Saturday and in South Carolina on Thursday. NASA said the noise in Boston was caused by a fireball piercing the air; the cause of the South Carolina boom is still unknown.

By Cynthia Silva

May 30, 2026

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Graham Platner’s wife says she’s ‘deeply hurt’ by public revelations of her husband’s extramarital sexts | CNN Politics

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Graham Platner’s wife says she’s ‘deeply hurt’ by public revelations of her husband’s extramarital sexts | CNN Politics

The wife of Maine Democratic Senate candidate Graham Platner said she was “deeply hurt” after details of her husband’s extramarital sexting became public Saturday, accusing a former campaign official and confidante of betraying her trust.

The statement from Platner’s wife, Amy Gertner, came after both The New York Times and The Wall Street Journal reported that shortly after Platner announced his Senate campaign last year, Gertner flagged to campaign staff sexual text messages her husband had with other women.

“I know who Graham is,” Gertner said in a statement delivered through Platner’s campaign. “I know the man I married and the husband he has been to me on the best and the worst days of my life. That hasn’t changed, and it won’t.”

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Genevieve McDonald, the former political director for Platner’s campaign, confirmed to CNN on Saturday that Gertner disclosed to her last year that Platner had been sexting multiple women and that the campaign evaluated the matter as a potential political liability.

According to both The Times and The Journal, Gertner told Platner’s campaign last August about text messages she had found in spring 2025 between her husband and other women early in their marriage. The publications reported that she flagged the messages as Platner’s campaign internally vetted the candidate.

CNN has not independently confirmed the existence of the text messages. CNN did verify that an account on the messaging app Kik appears to belong to Platner. The account, under the username “phustle0331,” features a profile photo showing Platner shirtless in a bathroom with a towel on his waist and uses a handle similar to ones on his since-deleted Reddit account and a now-deleted Instagram account.

According to The Times, Gertner reported her husband’s messages to other women to his campaign’s then-political director, McDonald — whom Gertner appeared to refer in Saturday’s statement.

“I confided deeply personal details about my marriage to someone I considered a friend,” Gertner’s statement said.

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“I trusted this person with the most private chapter of our lives — the early days of our marriage before any campaign was on our mind — and I am deeply hurt by her betrayal and the invasion of our privacy,” she said.

Platner, a Marine Corps veteran with no prior political experience, has become a lightning rod since announcing his upstart campaign to challenge incumbent Republican Sen. Susan Collins.

He received fierce blowback early in his campaign after it was revealed that he had a tattoo resembling a Nazi symbol on his chest. Platner said he got the tattoo when he was in his 20s and in the military and did not realize its significance until recently. He has since said he has covered the tattoo.

But reporting by CNN’s KFile later undercut his claim of ignorance over the tattoo’s symbolism. In a social media thread from 2019, Platner discussed the emblem — a skull-and-crossbones “Totenkopf” — while noting that many US service members had adopted the imagery.

CNN and other outlets have also reported on other statements Platner made before he was a Senate candidate. He once called himself a “communist” and dismissed police as “bastards.” He disavowed those comments during a previous interview with CNN.

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In a Quiet Corner of America, Greyhound Racing Hangs On. For Now.

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In a Quiet Corner of America, Greyhound Racing Hangs On. For Now.

The announcer’s voice broke the silence that had fallen over the racetrack: “Here comes Spunky!”

As a white, fluffy object, supposed to look like a hare, shot past the starting box, a line of eight greyhounds burst out, a blur of canine energy rocketing down the straightaway.

Such races were once a familiar sight across the country, as bettors flocked to tracks in 19 states, from Florida to Massachusetts to California. At its height, in the 1980s and early 1990s, dog racing drew tens of millions of spectators, routinely posting higher yearly attendance figures than hockey or tennis. Spectator bets totaled roughly $3.5 billion every year.

But today only two dog tracks remain, down from more than 60. Both are in West Virginia, the only state where commercial races still take place. Attendance has waned as pressure from animal rights groups led many states to ban dog tracks and as the legalization of sports betting nationwide gave people a bounty of new gambling options.

Now a bill is making its way through Congress that would ban dog racing altogether. Fans and critics agree that the sport is on its final lap.

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“I know at some point, it’s going to end,” said Ronald Welch, who was sitting at a picnic table last month at the track in Wheeling, W.Va. “But still I’d be heartbroken if it did.”

Public sentiment about greyhound racing had already started shifting by the early 2000s, due in part to the efforts of Carey Theil and Christine Dorchak.

Through their Boston-based nonprofit, GREY2K USA Worldwide, the couple has led lobbying to end dog racing over concerns about animal welfare.

The industry has faced criticism for killing dogs that could no longer race, though many of the documented cases took place before adoption programs became common in the 2000s. Critics also draw attention to confined living spaces in the kennels where most of the dogs live, along with reports of performance enhancing drugs, and diets of low-quality meat.

The New York Times reached out to five kennels associated with the Wheeling racetrack. They did not respond or declined to comment.

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The efforts by GREY2K and other organizations have yielded changes, with 44 states banning greyhound racing. When voters in Florida, once a stronghold, approved a ban in 2018, it was a gut punch to the industry.

“We’ve been in the endgame phase since,” Mr. Theil said.

But in West Virginia, a law passed nearly two decades ago has made it harder to land the final blow. In an effort to keep gamblers from taking their betting dollars to neighboring Pennsylvania, which had just legalized slot machines, West Virginia in 2007 said casinos could sweeten the pot by offering table games — so long as they also were operating a track with live racing.

It also diverts a percentage of slot machine and table game revenue to a fund that pays race purses. This provision comes out to roughly $15 million to $22 million a year, accounting for about 95 percent of payouts.

“Without the subsidy, this industry wouldn’t exist,” Mr. Theil said.

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A 2017 state bill would have allowed the casinos to operate without a live track, and done away with the subsidy. In a sign that support was fading even in West Virginia, it passed in both the state House and Senate. But then-Gov. Jim Justice vetoed it, saying “eliminating support for the greyhounds is a job killer.”

Mr. Theil has focused on rebutting assertions that the industry benefits the local economy. This year, a study by Ball State University commissioned by GREY2K found that apart from providing minimal low-paying jobs, the industry was buoyed almost entirely by the subsidy and provided nearly nonexistent economic benefit.

The concerns have made their way to Capitol Hill, where a bill being considered by Congress could spell the end of greyhound racing. The Greyhound Protection Act would make it illegal to train or possess greyhounds for racing and to bet on the races in-person or via simulcast.

The legislation was incorporated into the Farm Bill, a huge legislative package, which reauthorizes major food and agriculture programs roughly once every five years. The Farm Bill, which totals $390 billion in proposed spending, passed the House in April and is awaiting a Senate vote.

The act now looks like GREY2K’s best bet.

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“Greyhound racing is going to end in the United States,” Mr. Theil said. “The real question is how.”

One hour southwest of Pittsburgh, the Wheeling Island Hotel, Casino & Racetrack sits at the southern tip of the most populated isle in the Ohio River. “The Island,” as locals called it, was once the home of wealthy industrialist families. Now, it is lined with dilapidated Victorian houses and beset by flooding and opioids.

But it is still home to the racetrack, which has welcomed locals and out-of-staters from Ohio, Pennsylvania and even Canada, since 1937.

In the 1940s, when horses raced there, the track was nicknamed “Little Churchill Downs,” after the storied Kentucky venue. The track transitioned to greyhounds in the 1970s.

Nearly 40 years ago, Delaware North, a food service and hospitality company based in Buffalo, purchased the track and added a full casino. Now, the course stages around 500 races a year.

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In-person attendance is down about 60 percent over the last decade, according to Delaware North. But many of those who still come are fiercely loyal.

With the third race of the day about to begin, Donna and Dennis Kennedy lounged at a table in the betting area overlooking the track.

The couple, both former teachers from Bridgeport, Ohio, often hit the track together. It wasn’t always that way; for years, she refused to join her husband because of concerns about the dogs’ welfare.

“I’m an animal person,” she said.

But when the track was raffling off a free car, Ms. Kennedy couldn’t resist. “The first thing I did was march up to the adoption center,” she said, referring to a spot at the track where people can take in retired racing dogs. She ended up volunteering for a decade and adopting four dogs of her own.

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Mr. Kennedy, 84, had the likeness of one of them, Fancy, inked on his forearm two years ago. It was his first and only tattoo. “If those were my dogs, I’m not going to allow anyone to abuse it because that’s an investment — and we love them,” he said.

Chuck Galloway has been betting at the track since greyhounds started racing there in 1976. On the small screen in front of him, race lineups showed dogs with names like Gonz Megatron, Loyal Duck, Bulldozer Mozer and Venus.

The races are simulcast so patrons in other states and countries can bet remotely — about 95 percent of bets placed on Wheeling races are made this way.

But even with lots of the bets coming from elsewhere, there’s a certain camaraderie at the track, Mr. Galloway said. He likened it to his time campaigning for Barack Obama. “I got to know people that I never would have crossed paths with,” he said.

Several track patrons pointed to what they said was a double standard — horse racing, a sport with a blue-blood pedigree, can still capture a mass audience, while dog racing is on the verge of extinction.

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Mr. Welch, 60, the man who was sitting at the picnic table, had a theory.

“Horse racing is like apple pie. Like baseball, the Wild West,” he said. “But the dogs, they aren’t part of that American mystique.”

Mr. Welch grew up attending races in Iowa before the state banned the sport. In need of an anchor in his life after his mother passed away, he moved to Wheeling to live near the track.

“When I see them run,” he said, “it’s a spiritual experience.”

In downtown Wheeling, many people seemed to have at least a tangential connection to the racetrack — an uncle who trained dogs, a friend who worked there one summer. But not everyone knew that greyhound racing’s days could be coming to an end. Some said they were ready to see it go.

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Outside Coleman’s Fish Market, Mitchell Visnic, 40, was adamant about his distaste for any animal-related sport. “I don’t even like the zoo,” he said.

Others were disappointed but not surprised. Michael Mudrak, 42, who was sitting nearby on his lunch break, said it was emblematic.

“Take another thing away from West Virginia,” he said.

Alain Delaquérière contributed research.

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