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      Harris y Trump presentan un claro contraste sobre la economía

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      Ambos candidatos abogan por ampliar el poder del gobierno para dirigir los resultados económicos, pero en ámbitos muy diferentes.[Estamos en WhatsApp. Empieza a seguirnos ahora]La vicepresidenta Kamala Harris y el expresidente Donald Trump volaron a Carolina del Norte esta semana para pronunciar lo que se anunciaron como importantes discursos sobre la economía. Ninguno de los dos expuso un plan detallado de políticas: ni Harris, que se centró durante media hora en la vivienda, los comestibles y los medicamentos con receta, ni Trump, que durante 80 minutos desperdigó varias propuestas entre reflexiones en voz alta sobre inmigrantes peligrosos.Pero ambos candidatos, cada uno a su manera, enviaron a los votantes mensajes claros e importantes sobre sus visiones económicas. Cada uno de ellos defendió la visión de un gobierno federal poderoso, uno que utilice su poder para intervenir en los mercados en busca de una economía más fuerte y próspera.Solo discreparon, casi por completo, sobre cuándo y cómo debe utilizarse ese poder.El viernes en Raleigh, Harris empezó a imprimir su propio sello a la economía progresista que ha dominado la política demócrata en la última década. Este pensamiento económico abraza la idea de que el gobierno federal debe actuar con agresividad para fomentar la competencia y corregir las distorsiones en los mercados privados.El planteamiento busca grandes subidas de impuestos a las empresas y a quienes obtienen ingresos altos, para financiar la ayuda a los trabajadores de ingresos bajos y de clase media que luchan por crear riqueza para sí mismos y para sus hijos. Al mismo tiempo, ofrece grandes exenciones fiscales a las empresas que se dedican a lo que Harris y otros progresistas consideran un gran beneficio económico, como la fabricación de tecnologías necesarias para luchar contra el calentamiento global o la construcción de viviendas asequibles.Esta filosofía anima la agenda política que Harris presentó el viernes. Se comprometió a entregar hasta 25.000 dólares en ayudas al pago inicial a cada comprador de primera vivienda durante cuatro años, al tiempo que destinaría 40.000 millones de dólares a empresas constructoras de primeras viviendas. Harris afirmó que reinstauraría de forma permanente el crédito tributario por hijos ampliado que el presidente Biden estableció temporalmente con su ley de estímulo de 2021, al tiempo que ofrecería aún más ayuda a los padres de recién nacidos.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Harris Campaign Reserves $370 Million for Swing-State Fall Ad Blitz

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      $200 million of that will be spent to reach voters on their phones and other devices, as Kamala Harris’s aides race to define her while drawing a contrast with Donald Trump.Vice President Kamala Harris’s campaign announced on Saturday that it was reserving $370 million in advertising to begin after Labor Day and run through the November election, including $200 million on digital ads.The Harris campaign said it believed this was the largest digital ad reservation ever in American politics, reflecting the need to reach voters on their phones and other devices. Just $170 million is being reserved so far on television, as traditional television audiences continue to fragment and shrink.“This is a modern campaign in 2024 and we’re not just stuck in the times of old, where 80 percent of the budget has to be on television,” Quentin Fulks, Ms. Harris’s principal deputy campaign manager, said in an interview.The Harris campaign did not say how much it would spend in each state. But it said its purchases of television advertising would total twice what President Biden’s 2020 campaign spent in Pennsylvania and Wisconsin, four times what he spent in Georgia and six times what he spent in Nevada, the least populous of the battleground states.The Harris campaign is advertising now in seven swing states — Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin — as part of a $150 million summer ad blitz. Mr. Fulks said advertising would continue in all of those states as well as nationally.For now, Mr. Fulks said the campaign was focused on “aggressively defining” Ms. Harris in her early weeks as a presidential candidate.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Biden’s Goodbye to Politics Will Begin in Earnest With His Convention Speech

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      President Biden’s goodbye to a half century in national politics will begin in earnest on Monday.When he takes the stage at the Democratic National Convention in Chicago that evening, Mr. Biden will establish his time in office and his political legacy as the foundation for the candidacy of Vice President Kamala Harris, the new Democratic nominee.According to Biden aides who previewed the themes of the president’s remarks, he will say that she is the best person to finish a campaign he started — one that remains rooted in protecting democratic ideals and preventing a second term for former President Donald J. Trump, the Republican nominee. The aides spoke on condition of anonymity because they were not authorized to detail the plans.It will be a bittersweet moment for Mr. Biden, who left the race and turned the keys of his campaign over to Ms. Harris less than a month ago. Since then, she has headlined packed rallies and delivered forceful campaign speeches, and the president has largely receded from center stage.But Mr. Biden, who is supportive of Ms. Harris and appreciates the momentum around her, the aides said, plans to ramp up his campaign schedule. He has also been focused on sealing up his legacy as a one-term president — but one who pulled the nation out of an economic spiral during the coronavirus pandemic, a point he will make in his speech.On Friday, Mr. Biden left Washington for Camp David for the weekend; he was scheduled to workshop his speech with Mike Donilon, a close adviser, and Vinay Reddy, his chief speechwriter.In his speech, the president will also frame Ms. Harris’s campaign as continuing policies and ideals he has long championed. Mr. Biden’s remarks will make the case that “democracy prevailed” with his election in 2020. A win for Ms. Harris and her running mate, Gov. Tim Walz of Minnesota, in November will mean that “democracy is preserved.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      How to Watch the 2024 DNC Live

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      The Democratic National Convention will begin in Chicago on Monday, about a month after Republicans held their convention in Milwaukee.It runs through Thursday, when Vice President Kamala Harris is expected to take the stage during prime time. While conventions are traditionally used to formally nominate the party’s presidential candidate, Ms. Harris was voted in through a virtual roll call earlier this month. Even so, the party’s gathering will be a high-profile affair as top Democrats make the case for a Harris-Walz administration.Here’s how to watch it (all times are Eastern):How to stream the D.N.C.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      The Democratic Party’s Money Machine

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      The Democratic National Committee is again raising huge sums from donors, but the rise of super PACs has forced it to adapt to a new era of big-money influence.Vice President Kamala Harris heads to next week’s Democratic National Convention on the back of a wave of enthusiasm.Erin Schaff/The New York TimesA political piggy bank The Democratic National Convention starts on Monday in Chicago, capping an extraordinary few weeks since Vice President Kamala Harris became the party’s presidential candidate.In that time, she has generated momentum and enthusiasm among voters. Some longtime political observers, like the Republican pollster Frank Luntz, are calling it unprecedented.Just one indicator: Last month, Harris’s campaign said it had raised $310 million, including $200 million in the seven days after President Biden dropped out.As Democrats gather in the United Center, one focus will be on the Democratic National Committee, the organizational backbone that coordinates the party’s electoral strategy, management and convention. Much of that involves money, and the committee raises millions that it disburses to fight in federal and state elections.DealBook dug into the numbers and spoke to experts to understand where the committee fits into the wider world of campaign finance and to show how its role has evolved.The first Democratic Party convention was in 1832. Sixteen years later, at their convention in Baltimore, party leaders established the Democratic National Committee. In 1856, the Republicans did the same, paving the way for the Republican-Democratic juggernaut that has dominated American politics ever since.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Supreme Court, for Now, Blocks Protections for Transgender Students in Some States

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      The order maintained halts by lower courts on federal rules prohibiting discrimination against transgender people in schools.The Supreme Court on Friday temporarily continued to block Education Department rules intended to protect transgender students from discrimination based on their gender identity in several Republican states that had mounted challenges.The emergency order allowed rulings by lower courts in Louisiana and Kentucky to remain in effect in about 10 states as litigation moves forward, maintaining a pause on new federal guidelines expanding protections for transgender students that had been enacted in nearly half the country on Aug. 1.The order came in response to a challenge by the Biden administration, which asked the Supreme Court to intervene after a number of Republican-led states sought to overturn the new rules.The decision was unsigned, as is typical in such emergency petitions. But all nine members of the court said that parts of the new rules — including the protections for transgender students — should not go into effect until the legal challenges are resolved.“Importantly,” the unsigned order said, “all members of the court today accept that the plaintiffs were entitled to preliminary injunctive relief as to three provisions of the rule, including the central provision that newly defines sex discrimination to include discrimination on the basis of sexual orientation and gender identity.”The decision handed a victory to the Republican-led states that had challenged the rules. A patchwork of lower court decisions means that the rules are temporarily paused in about 26 states.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Harris and Trump Offer a Clear Contrast on the Economy

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      Both candidates embrace expansions of government power to steer economic outcomes — but in vastly different areas.Vice President Kamala Harris and former President Donald J. Trump flew to North Carolina this week to deliver what were billed as major speeches on the economy. Neither laid out a comprehensive policy plan — not Ms. Harris in her half-hour focus on housing, groceries and prescription drugs, nor Mr. Trump in 80 minutes of sprinkling various proposals among musings about dangerous immigrants.But in their own ways, both candidates sent voters clear and important messages about their economic visions. Each embraced a vision of a powerful federal government, using its muscle to intervene in markets in pursuit of a stronger and more prosperous economy.They just disagreed, almost entirely, on when and how that power should be used.In Raleigh on Friday, Ms. Harris began to put her own stamp on the brand of progressive economics that has come to dominate Democratic politics over the last decade. That economic thinking embraces the idea that the federal government must act aggressively to foster competition and correct distortions in private markets.The approach seeks large tax increases on corporations and high earners, to fund assistance for low-income and middle-class workers who are struggling to build wealth for themselves and their children. At the same time, it provides big tax breaks to companies engaged in what Ms. Harris and other progressives see as delivering great economic benefit — like manufacturing technologies needed to fight global warming, or building affordable housing.That philosophy animated the policy agenda that Ms. Harris unveiled on Friday. She pledged to send up to $25,000 in down-payment assistance to every first-time home buyer over four years, while directing $40 billion to construction companies that build starter homes. She said she would permanently reinstate an expanded child tax credit that President Biden temporarily established with his 2021 stimulus law, while offering even more assistance to parents of newborns.She called for a federal ban on corporate price gouging on groceries and for new federal enforcement tools to punish companies that unfairly push up food prices. “My plan will include new penalties for opportunistic companies that exploit crises and break the rules,” she said, adding: “We will help the food industry become more competitive, because I believe competition is the lifeblood of our economy.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Trump Transition Team to Include Howard Lutnick and Linda McMahon

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      Former President Donald J. Trump has appointed two of his friends and financial backers to oversee a transition team preparing for his potential return to power.The move comes as polls show that his once-commanding lead evaporated after President Biden dropped out and Vice President Kamala Harris became the Democratic nominee.The two co-chairs of a Trump transition, Linda E. McMahon and Howard Lutnick, will oversee efforts to identify and vet potential political appointees and draft executive orders and other plans to implement Mr. Trump’s policy proposals on matters ranging from a sweeping crackdown on immigration to hiking tariffs on imported goods.The selection of the two, which the Trump campaign announced on Friday, was notable for several reasons. As a matter of timing, it came months after presidential campaigns normally start working on contingency planning to ensure a smooth transition should their candidate win the election.It was also striking that neither Ms. McMahon nor Mr. Lutnick has been associated with Project 2025, an effort by a consortium of conservative think tanks to develop personnel and policy transition planning for the next Republican president. While Mr. Trump has close ties to leaders of that effort, he has recently tried to distance himself from it as Democrats have seized on some of its more radical proposals.“I have absolute confidence the Trump-Vance administration will be ready to govern effectively on day one,” Mr. Trump said in a statement accompanying the announcement of his 2024 transition team.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More