GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Vice President Kamala HarrisPictured: kamala harris,joe bidenRef: BLU_S7866847 200824 NON-EXCLUSIVEPicture by: Earl Gibson III / ShutterstockShutterstockUSA: 1 646 419 4452UK: 020 8068 3593eamteam@shutterstock.

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

it’s possible for you to read more about oureditorial guidelinesand our products and servicesreview methodology.

Sounds like a dream, right?

facebook sharing button

But as with anything in politics, theres more to this story than meets the eye.

Lets break it down and see what the experts have to say about this potentially game-changing proposal.

Also see what Harris opportunity economy might look like.

twitter sharing button

Whats the Big Idea?

Hasnt This Been Promised Before?

If this sounds familiar, youre not experiencing deja vu.

linkedin sharing button

Adnan Rasool, associate professor at theUniversity of Tennessee at Martin, reminds us.

This was part of the legislative agenda after theAmerican Rescue Planpassed.

So, its not exactly a new idea, but rather a renewed push on an earlier promise.

email sharing button

Rasool adds some context to why this could be such a big deal.

The proposals address a serious pain point for middle class Americans.

Implementing this policy would require Congressional approval and significant federal funding to become law, he said.

The point: Turning a campaign promise into actual policy can be a long and winding road.

More From GOBankingRates

Share This Article:

The Latest inMoney