Kamala vs Trump: Vote Your Pocketbook

Kamala Harris has a record and a plan for lowering costs and saving you money.

Brian Rolling

Oct 18, 2024

My answer to “Why should I vote for Kamala Harris?” is simple. Vote your pocketbook.

For most Americans, a Kamala Harris presidency will save you more money than a Donald Trump presidency.

There are three main components to this:

Vice President Harris’ record of using the power of the government to make our economy fairer and take on corporate greed.
Vice President Harris’ plans to continue that legacy as president.
Donald Trump’s record and plans that will enrich billionaires at the expense of working Americans.

Let’s get into it, and as always, use our toolkit to help us spread the message.

Kamala Harris’ Record on Lowering Costs and Taking on Corporate Greed:

The Biden/Harris administration took on Big Pharma, Wall Street, Big Tech, the airlines, and Ticketmaster, winning huge savings for the American people. They are suing massive corporate landlords for using AI technology to raise your rent. They’ve cracked down on food monopolies and supported your right to organize and negotiate for better wages at work.

This administration has been the most pro-union, pro-worker, and pro-consumer administration in modern history.

Here is what they have accomplished:

The Biden/Harris administration nominated pro-union and pro-worker advocates to the National Labor Relations Board and increased the board’s funding.
They instituted a rule that expanded overtime protections for millions of workers.
They took on “junk fees,” preventing hidden fees from airlines and concert tickets.
They capped overdraft penalties and late payment fees. These caps have saved Americans $3.5 billion a year in excess fees.
They negotiated lower drug prices, saving us Taxpayers $6 billion a year.
The Biden/Harris administration sued Apple and Google TWICE over violations of antitrust laws.

All of these actions help lower prices and save working Americans money.

Kamala Harris’ Plans to Build on this Legacy:

Kamala’s record on this issue is strong. Her plans for the future are even better. As President Harris has proposed:

She will introduce the first-ever federal ban on price gouging.
She will continue the Biden/Harris admin’s enforcement of anti-trust laws to prevent monopolies.
She wants to extend the child tax credits and expand them to $6,000 for the first year of a child’s life. These tax credits impact more than 100 million Americans.
She wants to expand drug price negotiations to ten new drugs per year, lowering the cost of healthcare even more.
She will cut taxes for working Americans with her most significant tax cuts going to people making under $100k a year.

Goldman Sachs estimates that Vice President Harris’ plan will lead to higher job growth and lower inflation compared to Donald Trump’s. Moody’s estimates that Harris’ economic plan will add more than a million new jobs and household disposable income will rise more than a Trump presidency.

That is all a long way of saying, President Harris will put more money in your pocket than Donald Trump.

Donald Trump’s Economic Plans

Trump’s plans would be a disaster for working Americans. Under a Trump presidency, inflation would skyrocket, Social Security benefits would be under attack, our deficit would increase by $5.8 trillion over the next ten years and billionaires would become richer at the expense of everyone else.

Even the conservative Wall Street Journal agrees saying:

Vice President Harris, the Democratic nominee and GOP rival Donald Trump aren’t the same on fiscal policy. She has outlined or endorsed enough fiscal measures—tax increases or spending cuts— to plausibly pay for much of her agenda. He has not.

He has proposed blanket tariffs that would have the same impact as a national sales tax, raising prices for all Americans. Trump’s tariffs are estimated to cost the American family nearly $3,900 annually.
He will cut taxes for Millionaires and corporations at the expense of our national debt.
He wants to repeal the Inflation Reduction Act which would prevent the government from negotiating lower drug prices.
As president, Trump appointed anti-worker members to the NLRB and has praised people like Elon Musk for union busting.

A second Donald Trump term would be designed to increase millionaires' wealth while raising costs for working families.