Vice President Kamala Harris and Governor Tim Walz are charting a New Way Forward—to a future where everyone has the opportunity not just to get by, but to get ahead. They grew up in middle-class families and believe that when the middle class is strong, America is strong. That’s why building up the middle class will be a defining goal of their Administration.
They know that prices are still too high for many middle-class families, which is why their top economic priorities will be lowering the costs of everyday needs like health care, housing and groceries and cutting taxes for more than 100 million working and middle-class Americans.
Vice President Harris and Governor Walz will create an Opportunity Economy where everyone has a chance to compete and a chance to succeed—from buying a home to starting a business and building wealth. They will bring together workers, community leaders, unions, small business owners, entrepreneurs, and great American companies to remove barriers to opportunity, revitalize communities, create jobs, grow our economy, and propel our industries into the future—in rural areas, small towns, suburbs, and big cities.
In an Opportunity Economy, more Americans can experience the pride of homeownership. Vice President Harris and Governor Walz have a plan to end the housing shortage and lower prices, partnering with the private sector to build three million additional homes. As these new homes are built, the Harris-Walz Administration will also give a historic $25,000 in down-payment assistance to help more Americans buy their first home and provide shelter, opportunity, and security for their loved ones.
Vice President Harris and Governor Walz know that small businesses—neighborhood shops, high-tech startups, small manufacturers, and more—are the engines of our economy. As part of their agenda, they have put forward a plan to help small businesses and entrepreneurs innovate and grow, which the Vice President aims to have spur the creation of 25 million new business applications. Their plan includes expanding the start-up expense tax deduction for new businesses tenfold and taking on the everyday obstacles and red tape that make it harder to grow a small business.
They will invest in the competitive advantages that make America the strongest nation on Earth—our workers, innovation, and industry—so that America remains a leader in the industries of the future. They will revitalize American manufacturing, strengthen our industrial base, and invest in cutting-edge technologies. They will create workforce programs that work for all Americans and strengthen the care economy, opening pathways to the middle class for more Americans that don’t require a college degree. And they will protect Social Security and Medicare against relentless attacks from Donald Trump and his extreme allies and will strengthen these programs for the long haul so that Americans can count on retiring with dignity and getting the benefits they earned.
Now compare that with Donald Trump and his Project 2025 Agenda. Trump doesn’t fight for the middle class. Instead, he fights for himself and his billionaire friends. He will give them another round of tax breaks that will add trillions to the national debt. All the while, he intends to enact a “Trump tax” that in effect is a national sales tax that would raise costs for middle-class families by almost $4,000 a year. And many economists have said Trump’s other economic proposals would not achieve the results that Trump claims they would. For example, The global investment bank Goldman Sachs estimates the bigger boost to the U.S. economy will happen if Vice President Harris is elected over Trump. In addition, Moody’s Analytics projects that more than a million new jobs would be added to the economy and household disposable income would increase if she wins in November.
For Vice President Harris and Governor Walz, this is personal—the middle class is where they came from. And the middle class is who they are fighting for. They are running a campaign on behalf of all Americans, and when elected they will govern on behalf of all Americans. Together, they will fight for the promise of our future: a promise of freedom and opportunity not just for some but for all.
It’s time to finally turn the page on Trump and chart a New Way Forward—one in which Americans have the opportunity to create a better life and future for themselves and their families. Nearly 100 business leaders and more than 400 economists are now supporting her candidacy and those numbers are likely to increase as we get closer to election day.
Vice President Harris will be a president for all Americans, a president who unites us around our highest aspirations, and a president who always fights for the American people. As a prosecutor, Attorney General, Senator, and now Vice President of the United States, that has always been her life’s work.
Read Vice President Kamala Harris’ New Way Forward for the Middle Class plan in its entirety.
