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Cato Daily Podcast

The Parallel Handouts from Trump and Harris Campaigns

Cato Daily Podcast

Cato Institute

Politics, Unknown, News Commentary, 424708, Libertarian, Markets, Cato, News, Immigration, Peace, Policy, Government, Defense

4.6949 Ratings

🗓️ 27 August 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

A large child tax credit is among a handful of remarkably similar campaign pledges from the campaigns of Kamala Harris and Donald Trump. Vanessa Brown Calder offers some analysis.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Tuesday, August 27th, 2004.

0:08.9

I'm Caleb Brown.

0:10.0

When it comes to how candidates Trump and Harris

0:12.3

tackle issues of importance to families,

0:14.6

housing and the expenses of child rearing, most notably, there are some weird similarities

0:20.0

between the two campaigns.

0:22.1

Vanessa Brown Calder discusses the promises and why there may be less

0:26.0

than meets the eye. When it comes to how candidates for president address family policy, I feel like there are

0:38.8

broadly two ways to go about it.

0:40.5

One, there's policy that moves the needle in some way in terms of their preferred

0:47.2

policy outcome, and then there's handouts to lower income and middle income Americans that may or may not move the

0:56.4

needle on their preferred policy outcome. For people like J.D. Vance, for Donald Trump, I think the preferred

1:05.4

policy outcome is more people have kids. And for Kamala Harris, it's we want to provide relief

1:12.3

to families who have kids. And so the policy

1:16.0

outcome seems to be at least in a couple of distinct areas, not much different at

1:21.4

all. Yeah, I think that's right. It's actually kind of not much like

1:25.0

parallel proposals from these two campaigns.

1:31.0

On the one hand, well and we don't have a lot of details, I should say, on how these things would work or the specifics.

1:38.0

So we're working off of sort of like a fuzzy version of these proposals. But the Harris campaign at the end of last

1:47.8

week Kamala gave a speech in North Carolina where she talked about her child tax credit proposal and

1:55.2

one of the things that she mentioned is that she wants to bump the child tax

1:59.5

credit up to $6,000 annually for parents of new of babies basically zero to one year.

...

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