Kamala had many plans on her campaign, some include
Cut Taxes for Working People
Vice President Harris and Governor Walz believe that working families should have the economic stability and security they need to not just get by but to get ahead. They know that millions of families are strained by higher costs and that tax relief will help middle-class Americans take care of themselves and their families.
A NEW WAY FORWARD:
What Vice President Harris and Governor Walz Will Do
Vice President Harris and Governor Walz will cut taxes for 100 million Americans. And, unlike Donald Trump, whose Project 2025 agenda would raise taxes on the middle class, Vice President Harris and Governor Walz will make sure no one earning less than $400,000 a year will pay more in taxes.
Restoring the Expanded Child Tax Credit to Up to $3,600 to Help More Than 100 Million Americans
The expansion of the Child Tax Creditâmade possible by Vice President Harrisâs tie-breaking voteâwas one of the largest tax cuts ever passed for the middle-class. It gave middle-class families the help they needed to pay their billsâ with 70 percent of parents reporting that the monthly relief made them less stressed about household expenditures.13Â For millions of middle-class working families, the expanded Child Tax Credit helped them pay their mortgage or rent, buy food, and purchase basics for their kids, like books, diapers, clothes, and toys.14Â While the extension of this vital tax relief for working families was blocked by Republican opposition in Congress, Vice President Harris and Governor Walz have proposed to restore the expanded Child Tax Credit and to make it the permanent law of the land. It will provide a tax credit of up to $3,600 per child for the middle class and the most hard-pressed working families with children.
The temporary middle-class tax relief in 2021 cut taxes for more than 40 million working families with over 60 million children. The benefits of the expanded Child Tax Credit were widespread. It provided tax relief to the families of more than 9 million children in rural areas15Â and 5 million children in veteran and active-duty families.16Â The Child Tax Credit payments were delivered reliably with the first-ever monthly payment, delivered on the 15th of each month, with 90 per- cent of recipients using direct deposit.
Economists found that this investment cut child poverty to a record low. This support helped cut Black child poverty by over 50 percent and Hispanic child poverty by 43 percent, and it led to dramatic drops in Native American, white, and Asian American, Native Hawaiian, and Pacific Islander child poverty rates.17Â In addition, Vice President Harrisâs monthly tax relief model cut food insecurity by more than 20 percent among families with children.18
A New $6,000 Tax Cut to Help Families Pay for the High Costs of a Childâs First Year of Life
Vice President Harrisâs plan includes a historic expansion of the Child Tax Credit: providing $6,000 in tax relief for middle-income and low-income families for the first year of their childâs life. This is often when a familyâs expenses are highestâwith formula, diapers, car seats and other costsâ while at the same time too many parents are forced to forgo income as they take time off from their job without any paid leave. Indeed, most familiesâ incomes significantly decline during their childâs first year of life.19Â A substantial body of research has found that the first year is the most important period of development for children and has long-lasting effects on future âlearning, behavior, and health.â20
The Vice Presidentâs plan to cut taxes for middle-class families and lower-income families with this expansion of the Child Tax Credit is backed by significant economic evidence.
Researchers have found that expanding the Child Tax Credit returns as much as $15 to society for every $1 investment through improvements in childrenâs health, education, and future earnings.
Lower Health Care Costs
Since the passage of the Affordable Care Act (ACA), and with the strengthening of the ACAâs protections under Vice President Harrisâs leadership, we have made dramatic strides in expanding health care coverage.
Today, nine in ten Americans are insuredâthe highest insured rate in history.42Â During the Biden-Harris Administration, 9 million more Americans obtained health insurance coverage through the ACA, bringing the total number of Americans insured through the marketplaces to a record 21 million Americans.43Â Nearly ten million more Americans are enrolled in Medicaid than before the pandemic, in large part because of new policies to help states expand Medicaid coverage. Despite the progress made by the Biden-Harris Administration, affordable health care still remains out of reach for too many Americans. Furthermore, nearly 41 percent of American adults are burdened by medical debt, carrying a total of $220 billion in unpaid medical expenses.44
A NEW WAY FORWARD:
What Vice President Harris and Governor Walz Will Do
Vice President Harris and Governor Walz believe that affordable health care is a right, not a privilege. A Harris-Walz Administration will build on the successes of the Biden-Harris Administration to make health care less costly and more accessible to more Americans.
Vice President Harris will expand and make permanent the tax credit enhancements for Affordable Care Act marketplace plans. Vice President Harris cast the tie-breaking vote on legislation that has saved millions of Americans an average of $800 a year on their health insurance premiums. More broadly, the Affordable Care Act has saved Americans more than $6,000 per year on average.45 Because of these efforts to lower costs, millions of Americans have been able to afford health care coverage on the marketplace, driving the lowest uninsured rate in American history. Now, Vice President Harris has a plan to make these health care tax savings for working and middle-class families permanent.46 Vice President Harris will also increase competition and demand transparency in the health care industry, starting by cracking down on pharmaceutical middlemen that increase prices by limiting competition.
These were plans that were going to impact the citizens of the Unites states of America.