Presidential Debate hosted by ABC News, Philadelphia PA: on Budget & Economy


Kamala Harris: Build an "opportunity economy", not Trump Tax of $4000

Q: Do you believe Americans are better off than they were four years ago?

HARRIS: I believe in the ambition, the aspirations, the dreams of the American people. I have a plan to build what I call an opportunity economy. We know that we have a shortage of homes and housing, and the cost of housing is too expensive for far too many people. We know that young families need support to raise their children. And I intend on extending a tax cut for those families of $6,000. My opponent has a plan that I call the Trump sales tax, which would be a 20% tax on everyday goods that you rely on to get through the month. Economists have said that Trump's sales tax would actually result for middle-class families in about $4,000 more a year because of his policies.

TRUMP: I have no sales tax. That's an incorrect statement. We're doing tariffs on other countries. I had tariffs and yet I had no inflation. Look, we've had a terrible economy; we have inflation like very few people have ever seen before.

Source: ABC News 2024 Presidential debate in Philadelphia Sep 10, 2024

Donald Trump: Kamala doesn't have an economic plan; just run-Spot-run

HARRIS: Donald Trump has no plan for you. His economic plan is all about tax breaks for the richest people. Goldman Sachs said that Donald Trump's plan would make the economy worse. The Wharton School said Donald Trump's plan would actually explode the deficit. Sixteen Nobel laureates have described his economic plan as something that would increase inflation and by the middle of next year would invite a recession.

TRUMP: Look, I went to the Wharton School of Finance and many of those professors, the top professors, think my plan is a brilliant plan, it's a great plan. It's a plan that's going to bring up our worth, our value as a country. It's going to make people want to be able to go and work & create jobs & create a lot of good, solid money for our country. And just to finish off, she doesn't have a plan. She copied Biden's plan. And it's like four sentences, like run-Spot-run. Four sentences that are just "oh, we'll try and lower taxes." She doesn't have a plan. Take a look at her plan.

Source: ABC News 2024 Presidential debate in Philadelphia Sep 10, 2024

Kamala Harris: I am offering an opportunity economy

HARRIS: Donald Trump has no plan for you. And when you look at his economic plan, it's all about tax breaks for the richest people. I am offering what I describe as an opportunity economy, and the best economists in our country, if not the world, have reviewed our relative plans for the future of America. What Goldman Sachs has said is that Donald Trump's plan would make the economy worse. Mine would strengthen the economy. What the Wharton School has said is Donald Trump's plan would actually explode the deficit. 16 Nobel laureates have described his economic plan as something that would increase inflation and by the middle of next year would invite a recession.

TRUMP: Look, I went to the Wharton School of Finance and many of those top professors, think my plan is a brilliant plan. She doesn't have a plan. She copied Biden's plan. And it's like four sentences, like run-Spot-run. Four sentences that are just "oh, we'll try and lower taxes." She doesn't have a plan. Take a look at her plan.

Source: ABC News 2024 Presidential debate in Philadelphia Sep 10, 2024

  • The above quotations are from Second presidential Debate: 2024 Trump-Harris Presidential Election.
  • Click here for definitions & background information on Budget & Economy.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Donald Trump on Budget & Economy.
  • Click here for more quotes by Kamala Harris on Budget & Economy.
2024 Presidential contenders on Budget & Economy:
  Candidates for President & Vice-President:
V.P.Kamala Harris (D-CA)
Robert F. Kennedy Jr.(I-CA)
Chase Oliver(L-GA)
Dr.Jill Stein(D-MA)
Former Pres.Donald Trump(R-FL)
Sen.J.D.Vance(R-OH)
Gov.Tim Walz(D-MN)
Dr.Cornel West(I-NJ)

2024 presidential primary contenders:
Pres.Joe_Biden(D-DE)
N.D.Gov.Doug Burgum(R)
N.J.Gov.Chris_Christie(R)
Fla.Gov.Ron_DeSantis(R)
S.C.Gov.Nikki_Haley(R)
Ark.Gov.Asa_Hutchinson(R)
Former V.P.Mike Pence(R-IN)
U.S.Rep.Dean_Phillips(D-MN)
Vivek_Ramaswamy(R-OH)
S.C.Sen.Tim_Scott(R)
Please consider a donation to OnTheIssues.org!
Click for details -- or send donations to:
1770 Mass Ave. #630, Cambridge MA 02140
E-mail: submit@OnTheIssues.org
(We rely on your support!)

Page last updated: Oct 13, 2024