Sen. Bernie Sanders, I-Vt., expressed his support for Vice President Kamala Harris’ new economic policy proposal on Friday, calling it “bold and popular.”
“Is it everything I would want? No,” he stated. “But is it a significant step towards creating a fairer and more just society in our country? Absolutely.”
Sanders commended the proposal for addressing the needs of working families and confronting the rampant corporate greed across America.
TIM SCOTT SAYS AMERICANS ‘SMARTER THAN’ HARRIS ON ECONOMY AMID RELEASE OF CONTROVERSIAL PLAN
Sen. Bernie Sanders, I-Vt., announced his support for Vice President Kamala Harris’ economic plan. (Getty Images)
Sanders has often identified as a Democratic socialist and is known as one of the most left-leaning U.S. politicians.
Harris’ plan, unveiled by her campaign, includes various expansions of policies enacted during the Biden-Harris administration, targeting corporate “price gouging” in the food industry with a proposed federal ban on it.
Additionally, the plan aims to expand the child tax credit significantly, offering credits of up to $6,000 in a child’s first year. Current prescription drug price caps would be extended to all, not just seniors.
‘RENT IS TOO DAMN HIGH’: ROSEN PANNED FOR BIDEN-ALIGNED VOTES, HIGH HOUSING COSTS
Americans are concerned about the economy going into the election. (iStock)
Harris’ economic agenda includes establishing a $40 billion fund to assist local governments in constructing more housing and implementing measures to regulate landlords.
“In a time of extreme wealth and income inequality, with the wealthiest 1% thriving while 60% of Americans live paycheck to paycheck, Vice President Harris recognizes the necessity of creating an economy that benefits everyone, not just the elite,” Sanders remarked in a comprehensive statement.
DHS, FBI PROBED FOR INFO ON ALLEGED IRANIAN AGENT’S ASSASSINATION PLOT POSSIBLY TARGETING TRUMP
Harris said she would ban corporate “price gouging.” (Melina Mara/The Washington Post via Getty Images)
He further stated that Harris “recognizes the need to confront the profiteering of the food and beverage industry, which is raking in massive profits by inflating grocery prices.”
Opponents have challenged Harris and Democrats’ view that high prices are solely due to corporate greed. Critics from the Republican side have criticized the plan, attributing price hikes to the spending packages championed by President Biden and Harris during their tenure.
‘PREGNANT PERSONS’: OHIO SEN SHERROD BROWN SCRUBBED ‘WOMEN’ FROM BILL ON PREGNANCY
Former President Trump panned Harris’ proposal at a press conference on Thursday. (AP/Rick Bowmer)
“The ‘price-gouging’ that they’ve experienced has come at the hands of Kamala Harris and Joe Biden,” Sen. Tim Scott, R-S.C., told Fox News Digital in an interview on Friday. “When you artificially stimulate the economy by the federal government and the Democrats spending trillions of dollars, the net effect is high inflation, high interest, high demand and lower supply.”
CLICK HERE TO GET THE FOX NEWS APP
“Now Kamala is reportedly proposing communist price control. She wants price controls, and if they worked, I’d go all along with it, but they don’t work. They actually have the exact opposite impact and effect,” former President Trump said Thursday at a press conference.
The plan has also taken heat from a left-leaning Washington Post columnist who titled her op-ed, “When your opponent calls you ‘communist,’ maybe don’t propose price controls?”
Get the latest updates from the 2024 campaign trail, exclusive interviews and more at our Fox News Digital election hub.
