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<ul class="summary-list"><li>High costs are a critical concern for voters in the presidential election.</li><li>Detailed below is what <keyword id="19919589" type="General" weightage="20" keywordseo="harris" source="keywords">Harris</keyword> and <keyword id="19906203" type="General" weightage="20" keywordseo="trump" source="keywords">Trump</keyword> have proposed to lower costs for Americans.</li></ul>While the pace of inflation has slowed, Americans continue to struggle with high prices at gas stations, grocery stores, and more. Those high prices have become a key issue for voters as the presidential election approaches. Both Donald Trump and <keyword id="20307089" type="General" weightage="20" keywordseo="kamala-harris" source="keywords">Kamala Harris</keyword> have outlined plans they say will lower costs for Americans through various policies. In the second installment of BI's five-part series for the final stretch before the election, Business Insider is looking at the ways each candidate will impact how much things cost. From the Democratic perspective, an economic policy <a target="_blank" class="" href="https://kamalaharris.com/wp-content/uploads/2024/09/Policy_Book_Economic-Opportunity.pdf">book</a> released by the Harris campaign said that she and her VP pick, Minnesota Governor <keyword id="20346532" type="General" weightage="20" keywordseo="tim-walz" source="keywords">Tim Walz</keyword>, "know that prices are still too high for middle-class families, which is why their top economic priorities will be lowering the costs of everyday needs." When reached for comment, the Harris campaign referred Business Insider to remarks on previously announced policies. Meanwhile, on the other side, <a target="_blank" href="https://www.businessinsider.com/trump-platform-social-security-medicare-retirement-age-end-inflation-2024-7">Trump's platform</a> — which was adopted by the Republican National Committee in July — outlined 20 principles the former president would prioritize in a second term, one of which is: "End inflation, and make America affordable again." <keyword id="23762136" type="General" weightage="20" keywordseo="taylor-rogers" source="keywords">Taylor Rogers</keyword>, the Republican National Committee spokesperson, told BI in a statement that "Trump will once again cut taxes and unleash American energy to lower prices on groceries and other goods when we send him back to the White House." Here's how a Trump or Harris presidency would impact how much a handful of things cost, based on economic policy proposals the candidates have released. <h2>Groceries</h2>High food costs have remained a key concern for voters. According to a Pew Research Center <a target="_blank" class="" href="https://www.pewresearch.org/politics/2024/09/09/economic-ratings-and-concerns/">survey</a> conducted from the end of August to early September of over 9,000 adults, 74% of respondents said they were concerned about the high costs of groceries. In August, Harris released a plan to tackle high food costs by implementing a <a target="_blank" href="https://www.businessinsider.com/grocery-costs-inflation-kamala-harris-ban-price-gouging-election-trump-2024-8">federal ban on price gouging for groceries</a> during national emergencies. Dan Scheitrum, an associate agribusiness professor studying grocery price gouging at California Polytechnic State University, <a target="_blank" href="https://www.businessinsider.com/how-to-lower-grocery-prices-inflation-harris-price-gouging-proposal-2024-8">previously told BI</a> that Harris' proposal might not help much outside of a crisis, like a natural disaster or pandemic. "If you were to try and cut down grocery prices today, there's no state of emergency. So most price gouging protections wouldn't apply at all," Scheitrum said. Trump, on the other hand, said during a town hall in September that he would lower grocery prices by restricting food imports to bolster domestic producers. "Our farmers are being absolutely decimated right now. And, you know, one of the reasons is we allow a lot of farm product into our country," Trump said. When asked how he would lower grocery prices more recently during a Pennsylvania town hall in October, Trump's wide-ranging answer largely focused on immigration while saying that "we're going to do a lot of things" to manage high grocery prices. While details are minimal on Trump's plan to restrict food imports, it's on par with the former president's commitment to bolster tariffs in a second term — and it's <a target="_blank" href="https://www.businessinsider.com/where-does-trump-vance-stand-on-china-tariffs-inflation-taxes-2024-7">faced criticism from experts</a> who have said it would actually boost inflation. <h2>Housing</h2>High housing costs are another key issue. According to Harris' economic policy book, she would reduce rent and mortgage prices by building 3 million new housing units and expanding the Low-Income Housing Tax Credit, which allows private and nonprofit developers to build affordable rental housing. "Right now, a serious housing shortage is part of what is driving up cost," Harris said at a Las Vegas campaign event in September. Additionally, according to her campaign, Harris plans to give Americans up to $25,000 in down-payment assistance to help them finance their purchase of a home. Trump's platform said the former president would address housing affordability by promoting "homeownership through Tax Incentives and support for first-time buyers, and cut unnecessary Regulations that raise housing costs." The platform did not specify which regulations Trump would cut, but he said during a speech at the Economic Club of New York in September that "regulation costs 30% of a new home, and we will open up portions of federal land for large-scale housing construction." Rogers, the RNC spokesperson, told BI that Trump will "secure the border, ban mortgages for illegal immigrants who drive up the price of housing, and eliminate federal regulations driving up housing costs," and reiterated the promise to open up federal land for building. <h2>Imported goods</h2>Trump has pledged to impose a broad-based tariff ranging from 10-20% on all imports, potentially hiking the prices of most goods brought in from other countries. Imported goods that could be affected by the tariffs span a wide range of products. According to the Census Bureau, major US import categories that would be impacted include automobiles ($320 billion so far this year), drugs for human and veterinary use ($155 billion), food and beverage ($140 billion), furniture ($27 billion) and household appliances ($25 billion). And it's not just popular consumer goods that would cost more. Economists are also worried about the potential impact on imported iron and steel mill products. If those become more expensive, so would the products that use them as components. While Trump has insisted that other countries would pay for the tariffs, a wide range of economists agree that the price increases would largely fall on American businesses and households. For example, an <a target="_blank" href="https://taxpolicycenter.org/taxvox/tpc-trump-tariffs-would-raise-household-taxes-and-slow-imports">analysis</a> from the Tax Policy Center found that all income groups would pay higher taxes as a result of Trump's tariffs, with the lowest-income households paying about $320 more in taxes and middle-income households paying $1,350 more. Harris has not offered much detail on her tariff plans. However, Biden implemented increased tariffs on products like steel, aluminum, and semiconductors, and Harris would likely continue those actions if she wins the election. Trump and Sen. JD Vance of Ohio, the GOP vice presidential nominee, have<a target="_blank" href="https://www.cbsnews.com/news/full-vp-debate-transcript-walz-vance-2024/"> pointed out</a> that the Biden administration has maintained Trump-era tariffs on Chinese goods — in fact, Biden increased tariffs on roughly $15 billion of Chinese imports. <h2>Gas</h2>Few prices are more closely watched in politics than the cost of filling up at the gas station. Gas prices have spiked at times during the Biden-Harris administration, including in the summer of 2022, when they peaked at a national average over $5 a gallonbefore sliding back down to roughly $3 a gallon. Energy prices are also notoriously tricky because presidents don't have the power to control complex global and regional markets. Even when the White House taps the Strategic Petroleum Reserve, it's more of a symbolic gesture. Trump has <a target="_blank" class="" href="https://abcnews.go.com/Politics/drill-baby-drill-donald-trump-oil-gas-rnc/story?id=112108980">promised</a> to "drill baby drill," vowing to empower the fossil fuel industry by cutting regulations and issuing more leases for drilling on federal lands. It's unclear how much more appetite oil producers have for expanding production. The Biden-Harris administration has also presided over a <a target="_blank" class="" href="https://www.eenews.net/articles/what-bidens-oil-record-means-for-the-industrys-future/">record high</a> for US oil production. Harris has vowed to go even further, <a target="_blank" class="" href="https://www.eenews.net/articles/energy-wonks-rejoice-harris-campaigns-on-permitting-reform/">calling</a> for more permitting reform. She also supports more federal subsidies for renewable energy. <h2>Prescription drugs</h2>As a candidate in 2016, Trump repeatedly promised to give the federal government the power to negotiate prescription drug prices, although he did not push through that measure as president. In the White House, Trump initially broke with the pharmaceuticalindustry by proposing to tie Medicare drug prices to international standards, but he has since <a target="_blank" class="" href="https://insidehealthpolicy.com/daily-news/trump-campaign-trump-won-t-pursue-most-favored-nation-policy-drugs">backed away</a> from theambitious cost-controlling policy. Sen. JD Vance, the GOP vice presidential nominee, has talked up drug pricing transparency. Harris has promised to expand two provisions in the Inflation Reduction Act, allowing Medicare to negotiate some drugs' prices. She wants to expand the law's $2,000 cap on drug spending and $35 monthly cap on insulin to all Americans. Correction: October 29, 2024 — An earlier version of this story misidentified one of the major US import categories. The category valued at $320 billion so far this year was automobiles, not a separate category involving drugs.

What's expected to get more and less expensive under Trump or Harris 

12 prominent Republicans who have endorsed Kamala Harris

<ul class="summary-list"><li>Trump's <keyword id="21171113" type="General" weightage="20" keywordseo="Madison-Square-Garden" source="keywords">Madison Square Garden</keyword> rally was supposed to be part of a triumphant closing pitch.</li><li>Instead, it's become about one comedian's offensive joke about <keyword id="23748686" type="General" weightage="20" keywordseo="Puerto-Ricans" source="keywords">Puerto Ricans</keyword>.</li></ul>Donald Trump's rally at Madison Square Garden on Sunday wasn't supposed to be about one comedian's offensive joke about Puerto Rico. Set in a 20,000-seat stadium in the heart of deep-blue New York City, the former president's rally was intended to be part of a <a target="_blank" href="https://www.businessinsider.com/trump-blue-cities-minority-voters-republican-campaign-2024-10">triumphant closing pitch</a>, one that highlighted his growing support among minority voters while generating media coverage about how Trump's economic message is resonating with voters in urban areas. Instead, things went off the rails. In the hours before Trump spoke, several guest speakers made offensive remarks. The radio host Sid Rosenberg, who once called the second gentleman Doug Emhoff “a crappy Jew,” said at the rally that Democrats are “a bunch of degenerates, lowlives, Jew-haters and lowlives. Every one of them. Every one of them.” <keyword id="19928515" type="General" weightage="20" keywordseo="Tucker-Carlson" source="keywords">Tucker Carlson</keyword> mockingly described Vice President <keyword id="20307089" type="General" weightage="20" keywordseo="Kamala-Harris" source="keywords">Kamala Harris</keyword> as someone who would be "the first Samoan-Malaysian, low-IQ, former California prosecutor ever to be elected president." And Tony Hinchcliffe, a pro-Trump comedian, said Puerto Rico was a "floating island of garbage in the middle of the ocean." Hinchcliffe's comments generated the most attention, drowning out coverage of Trump's actual speech and forcing the campaign to make the rare move of distancing itself from a rally speaker. "This joke does not reflect the views of President Trump or the campaign," Danielle Alvarez, a senior Trump campaign advisor, said in a statement. Coincidentally, Harris on Sunday was courting Puerto Rican voters in Philadelphia, where she announced a <a target="_blank" class="" href="https://x.com/KamalaHarris/status/1850667728417546296">new set of proposals</a> to boost the territory's economy. Pennsylvania is home to more than 450,000 Puerto Ricans, according to US Census data, the most of any major swing state. Multiple <a target="_blank" href="https://www.businessinsider.com/puerto-rican-stars-support-kamala-harris-amid-trump-rally-controversy-2024-10">Puerto Rican celebrities</a>, including the rapper and singer Bad Bunny, showed support for Harris on Sunday. With just over one week to go until the election, Democrats may have just been handed one last opportunity to shake up the narrative of a presidential election that's grown calcified in recent weeks, with Trump slowly <a target="_blank" class="" href="https://projects.fivethirtyeight.com/polls/president-general/2024/national/">eating into</a> a polling lead that Harris built after the <a target="_blank" href="https://www.businessinsider.com/kamala-harris-donald-trump-presidential-debate-takeaways-2024-9">presidential debate</a> in September. "A week in politics is an absolute lifetime," said Mike Nellis, a Democratic strategist and the founder and CEO of the Democratic campaign firm Authentic, adding that Harris now "has an opportunity to reframe the race." <h2>'I want everyone in Philadelphia to see that clip'</h2>It remains to be seen whether and how Puerto Rican voters will respond to what happened on Sunday. Hinchcliffe, who did not respond to a request for comment, <a target="_blank" href="https://x.com/TonyHinchcliffe/status/1850641658599399587">wrote on X</a> that Democrats have "no sense of humor" and that his joke had been "taken out of context." But several Republicans immediately saw the remarks as a liability, issuing condemnations on social media as the rally remained ongoing. That included Sen. Rick Scott and Rep. Maria Elvira Salazar, both Republicans from Florida, which is home to more than 1.1 million Puerto Ricans. Rep. Anthony D'Esposito, a Republican of Puerto Rican descent who represents a swing district on Long Island, also <a target="_blank" href="https://x.com/ANTHONYDESPO/status/1850705066610553073">condemned</a> the remarks. While Pennsylvania is home to the largest Puerto Rican population in a swing state — with communities in cities like Philadelphia and Reading — there are also more than 100,000 Puerto Ricans living in North Carolina and Georgia, two "Sun Belt" swing states. Trump has been trying this year to broaden his appeal among Latino voters, including by holding a <a target="_blank" href="https://www.businessinsider.com/trump-bronx-campaign-event-gop-nyc-inflation-2024-5">rally in the Bronx</a> in May. He has primarily leaned into the economy, given that many voters maintain a positive view of the economy under the former president's tenure. Polling has <a target="_blank" class="" href="https://www.businessinsider.com/harris-trump-blue-wall-economic-message-unions-michigan-pennsylvania-wisconsin-2024-10">generally given Trump the edge</a> over Harris when it comes to handling the issue. Democrats have been quick to seize on Hinchcliffe's comments. During a <a target="_blank" href="https://x.com/KamalaHQ/status/1850636070137762225">Twitch stream</a> with Rep. Alexandria Ocasio-Cortez of New York, Gov. Tim Walz noted that there are "hundreds of thousands of Puerto Ricans across — in battleground states, that need to send them a message on this." "I want everyone in Philadelphia to see that clip," said Ocasio-Cortez, who is Puerto Rican. What remains to be seen is whether Democrats will put resources into making sure that happens. Spokespeople for the Harris campaign, along with Senate and House Democrats' campaign arms, did not respond to Business Insider's inquiries as to whether they would. But Nellis, the Democratic strategist, said that there's still time for Harris in particular to capitalize on the moment. "The Harris campaign has been pretty good about cutting new TV ads really quickly, so if they need to get stuff up on TV, they certainly can," Nellis said. Digital ads, however, could be more tricky. Beginning at 12:01am Pacific Time on Tuesday, Meta will not <a target="_blank" href="https://developers.facebook.com/blog/post/2024/09/30/upcoming-2024-restriction-period-for-us-ads/">allow campaigns to run any new political ads</a> on their social networks. That blackout period will last a week until 11:59pm on Election Night. Harris is set to deliver her own "closing argument" speech on Tuesday on the Ellipse in Washington, DC, where Trump held a rally shortly before a mob of his supporters stormed the US Capitol on January 6. Correction: October 29, 2024 — An earlier version of this story misstated the timing of a comment Sid Rosenberg made about Doug Emhoff. Rosenberg called Emhoff “a crappy Jew” on his radio show in July, not at the rally.

Trump's chaotic Madison Square Garden rally could muddy his closing economic pitch — and give Democrats a last-minute chance to shake up the race

<ul class="summary-list"><li>A comedian told a Trump rally on Sunday that <keyword id="20312785" type="General" weightage="20" keywordseo="Puerto-Rico" source="keywords">Puerto Rico</keyword> is "a floating island of garbage."</li><li>Puerto Rican celebrities, including <keyword id="19996431" type="General" weightage="20" keywordseo="Jennifer-Lopez" source="keywords">Jennifer Lopez</keyword>, responded by showing support for <keyword id="20307089" type="General" weightage="20" keywordseo="Kamala-Harris" source="keywords">Kamala Harris</keyword>.</li></ul>Puerto Rican celebrities like Jennifer Lopez and <keyword id="20229227" type="General" weightage="20" keywordseo="Ricky-Martin" source="keywords">Ricky Martin</keyword> voiced support for Kamala Harris after the island became a focal point of a <a target="_blank" href="https://www.businessinsider.com/trump-3-hours-late-to-own-rally-joe-rogan-interview-2024-10">Donald Trump rally</a>. Tony Hinchcliffe, a speaker at Trump's Sunday rally at Madison Square Garden in New York City, said: "I don't know if you guys know this, but there's literally a floating island of garbage in the middle of the ocean right now. I think it's called Puerto Rico." The comment angered Puerto Rican celebrities. Luis Fonsi, the singer behind the 2017 hit "Despacito," wrote on his Instagram story: "It's ok to have different views, and I respect those who think different than me…. but going down this RACIST path ain't it." He said: "We are not ok with this constant hate. It's been abudantly clear that these people have no respect for us and yet they want our vote." Martin shared the video on his story and captioned it in Spanish: "This is what they think of us." On their Instagram stories, Fonsi, Lopez, and Martin shared a video of Harris outlining her plan to support Puerto Rico if she were elected, and urged their followers to vote for the Democratic nominee. <a target="_blank" href="https://www.businessinsider.com/bad-bunny-ai-generated-tiktok-song-nostalgia-voice-rant-2023-11">Bad Bunny</a>, a rapper and singer, reshared the same video on his story four times in a row without any captions. None of these celebrities were great Republican allies before. Still, high-profile interventions can energize often-apathetic voters to turn out. <a target="_blank" href="https://www.cbsnews.com/minnesota/news/celebrity-endorsements-impact-on-elections/">CBS News</a> reported in September that more than 400,000 users visited the <a target="_blank" href="http://vote.gov">vote.gov</a> voter registration website the day after<a target="_blank" href="https://www.businessinsider.com/taylor-swift-kamala-harris-endorsement-criticism-explained-2024-9"> Taylor Swift endorsed Harris</a>on Instagram. <a href="https://www.businessinsider.com/market-impact-presidential-election-scenarios-trump-harris-stocks-bonds-crypto-2024-10" target="_blank">Harris</a>' Instagram account shared the clip about her plan earlier on Sunday. In the video, she accuses Trump of blocking aid after <a href="https://www.businessinsider.com/trump-called-puerto-rico-a-place-with-absolutely-no-hope-book-2022-10" target="_blank">two hurricanes hit Puerto Rico</a> in the span of two weeks in 2017. Hurricane Maria, one of the storms, caused over $90 billion in damage, a historic blackout, and the deaths of an estimated 2,975 people in Puerto Rico. Trump said in 2018 that his administration's response to the hurricanes was "an incredible, unsung success," but it was widely criticized at the time. In 2021, a report by the Department of Housing and Urban Development <a target="_blank" href="https://www.hudoig.gov/sites/default/files/2021-04/HUD%20OIG%20Final%20Report_2019SU008945I.pdf">Office of Inspector General</a> found that $20 billion in aid the department intended to send to Puerto Rico was delayed due to interagency reviews under the Trump administration. The investigators did not say why these reviews were implemented. It's not the first time Trump and his allies have angered celebrities from a Caribbean community. Last month, high-profile Haitians including Wyclef Jean, Rep. Shelia Cherfilus-McCormick, the first Haitian-American in Congress, and Real Housewives of Beverly Hills personality Garcelle Beauvais spoke out after Trump made the false claim that Haitian migrants in Springfield, Ohio, were killing and eating pets. Correction: October 28, 2024 — An earlier version of this story misstated the statistics about hurricanes Irma and Maria. The details relate to Maria only, not both storms.

Puerto Rican stars like Jennifer Lopez and Ricky Martin spoke up for Harris after Trump's rally made the island a punching bag

<ul class="summary-list"><li>Harris delivered a "closing argument" speech at the same spot Trump held his January 6 rally.</li><li>It was the VP's last chance at crystallizing the message of her short-lived campaign.</li></ul>On Tuesday evening, exactly one week out from the end of the 2024 race, <a target="_blank" class="" href="https://www.businessinsider.com/kamala-harris">Vice President Kamala Harris</a> delivered a speech in the heart of Washington, DC that her campaign described as their "closing argument."By the conventions of modern presidential campaigns, it was a strange place to do it. DC is obviously not a battleground state. Under the country's electoral system, it's difficult to think of an American city whose citizens' votes matter less in a presidential election.But the point wasn't to win votes in DC, but for the capital to serve as the stage for a message delivered to the rest of America. Her choice to hold the rally at the Ellipse, a 52-acre park sandwiched between the White House and the Washington Monument, was all-important. The <a target="_blank" class="" href="https://www.businessinsider.com/january-6-photos-timeline-slideshow-trump-capitol-riot-anniversary-2022-1">last time</a> a major political figure held a rally here, a portion of that crowd marched one mile east and breached the US Capitol in an effort to halt the certification of the 2020 election.Harris talked about January 6 in her rally, noting that former President Donald Trump "stood at this very spot" when he delivered his speech that day. She described Trump as "unstable" and "obsessed with revenge." But January 6 wasn't the centerpiece of her speech. She used the word "democracy" just once. The location of her address was intended to do the heavy lifting in getting that point across."It's like if something horrible happens in your own home," said Victoria Leacock Hoffman. The 61-year-old DC resident who works in theatre production said she felt a "little anxious pit" in her stomach when she initially learned that Harris' rally would be held on the same site of Trump's infamous speech. "But then I said, 'Oh, she's taking it back."That seemed to be the point of Tuesday night's rally. In the hours before Harris took the stage, attendees waved miniature American flags and "USA" signs to the rhythm of songs like Taylor Swift's "Shake It Off," Missy Elliot's "Lose Control," and Blacked Eyed Peas' "I Gotta Feeling." It was an effort to recapture the sense of "joy" that was prominent at the outset of Harris' campaign in July. Though most attendees were presumably from the greater Washington metro area, at least one voter said she made the trip all the way from Florida."It's a once-in-a-lifetime kind of event," said Mitzi Maxwell, a 69-year-old retired nonprofit arts manager from Orlando who brought her mother with her to the rally. "And it's compelling that it's in this location."Harris made use of the White House as her backdrop, dramatically motioning toward the building as she noted that "in less than 90 days, either Donald Trump or I will be in the Oval Office."But the presence of the building was also a reminder of its current occupant, President Joe Biden, and his conspicuous absence from the rally on Tuesday. Eager to portray herself as a clean break from the past, Harris has created some distance from Biden since his <a target="_blank" class="" href="https://www.businessinsider.com/what-happened-biden-trump-debate-takeaways-2024-6">disastrous debate performance</a> prompted a pressure campaign to get him to drop out of the race. Shortly after the rally ended on Tuesday, a clip of Biden <a target="_blank" href="https://x.com/AlexThomp/status/1851430398959480976">appearing to denigrate Trump supporters</a> began to go viral on social media, underscoring why he's been largely kept at bay."I have been honored to serve as Joe Biden's Vice President, but I will bring my own experiences and ideas to the Oval Office," Harris said during her speech. "My presidency will be different, because the challenges we face are different."As the vice president began her speech, the distance sounds of chants and sirens could be heard from pro-Palestinian protests roughly a hundred yards away, a reminder of the <a target="_blank" href="https://www.businessinsider.com/uncommitted-democrats-biden-gaza-israel-trump-blame-michigan-2024-3">discontent within the Democratic coalition</a> over both Biden and Harris' support for Israel amid the war in Gaza.Harris' speech was also aimed at providing a sense of focus for a candidate who's had to do a lot of different things at once — re-introducing herself as someone separate from Biden, rolling out a slate of policy proposals (while explaining why they haven't been enacted yet), and making a case against the opponent — all in the span of just three months.After tackling Trump at the outset, Harris quickly pivoted in her speech toward the economy, assailing Trump's <a target="_blank" class="" href="https://www.businessinsider.com/cost-expensive-goods-price-impact-presidential-election-scenarios-trump-harris-2024-10">tariff plan</a> as an across-the-board tax on Americans. "Think about it: clothes, food, toys, cellphones," Harris said, listing a variety of consumer goods that are often imported from overseas.She re-upped her proposal to enact a <a target="_blank" href="https://www.businessinsider.com/grocery-costs-inflation-kamala-harris-ban-price-gouging-election-trump-2024-8">federal ban on price gouging</a> and spent a significant amount of time on her <a target="_blank" href="https://www.businessinsider.com/how-kamala-harris-plans-to-build-3-million-new-homes-2024-8">housing plan</a>. "For years, we have heard excuses about why America can't build enough housing. Enough with the excuses," Harris said. "I'm going to cut the red tape and work with the private sector and local governments to speed up building and get it done."That gave way to a variation of her typical stump speech, with references to abortion — "one does not have to abandon their faith or deeply held beliefs to simply agree the government should not be telling her what to do with her body" — and a slew of statements that appear to be geared more toward on-the-fence Republicans than her own base, including her pledge to sign a bipartisan border security bill into law and an affirmation that under her leadership, the US would have the "strongest, most lethal fighting force in the world."As far as closing arguments go, it may work — particularly when her opponent's own "closing argument" speech at Madison Square Garden was <a target="_blank" href="https://www.businessinsider.com/trump-madison-square-garden-rally-overshadow-economy-puerto-rico-2024-10">drowned out</a> by one comedian's offensive joke about Puerto Ricans.

Why Kamala Harris made her 'closing argument' in front of the White House

<ul class="summary-list"><li>Harris is drawing an even sharper contrast between herself and Trump on abortion.</li><li>Harris wants to restore Roe v. Wade as the law of the land if she wins in November.</li></ul>At the Shell Energy Stadium in Houston on Friday, bright screens flashed "Freedom," "Vote," and "Reproductive Freedom" as supporters of Vice President Kamala Harris powered a festive rally featuring appearances by the pop superstar Beyoncé and Texas Senate Democratic nominee Colin Allred.Harris has been arguably the Biden administration's most <a target="_blank" class="" href="https://www.businessinsider.com/harris-trump-abortion-presidential-debate-women-reproductive-rights-2024-9">forceful voice on reproductive rights</a>, which took on even greater prominence after the US Supreme Court overturned Roe v. Wade in 2022.On Friday, Harris told attendees former President Donald Trump was culpable for the plight of millions of women who now live in states with near-total abortion bans. Trump was even showcased on the screens as <a target="_blank" class="" href="https://x.com/atrupar/status/1850004899913695299">he bragged about doing a "great thing"</a> in paving the way for Roe's demise."From his own mouth. A great thing," Harris said of Trump.With a little over a week remaining before Election Day and in an election that remains deadlocked — with both Harris and Trump fighting to the finish in <a target="_blank" class="" href="https://www.businessinsider.com/kamala-harris-donald-trump-15-days-swing-states-polling-2024-10">battleground states</a> across the country — the vice president is highlighting her abortion message in hopes it'll sway voters across the country.And in an election that <a target="_blank" class="" href="https://www.businessinsider.com/kamala-harris-donald-trump-15-days-swing-states-polling-2024-10">could be decided</a> by the tiniest of margins, a few hundred votes could make all the difference.In what is <a target="_blank" class="" href="https://www.businessinsider.com/kamala-harris-sun-belt-gains-trump-swing-states-polls-2024-8">a pattern seen in survey after survey</a>, Harris has built sizable leads with female voters. Meanwhile, Trump has retained a sizable edge with male voters.Harris' abortion messaging could push additional women — notably undecided independents or female voters who simply aren't tuned into politics — to her corner.By <a target="_blank" class="" href="https://x.com/jon425/status/1850000006796788038">bringing out Beyoncé,</a> as well as former Destiny's Child member Kelly Rowland, Harris helped give her message dramatic reach.The undecided voters who ultimately back Harris for her position on abortion rights will want to see actual progress on the issue should she win the presidency.Harris could face a Republican-controlled Senate, which would stymie any real chance of restoring Roe, especially since she supports Democratic lawmakers setting aside the filibuster to pass such a measure through a simple majority vote.It's why Harris' support of Allred, who is running in a close race against Sen. Ted Cruz, is so important for her campaign.With a near-certain loss in West Virginia, <a target="_blank" class="" href="https://www.businessinsider.com/us-senate-races-2024-election-landscape-democrats-republicans-2023-1">Democrats are working in overdrive</a> to retain their Senate majority, and Texas represents their best pickup opportunity this year.Harris wants to turn the needle in her direction. And abortion rights — which fueled Democratic victories in the 2022 midterm elections — <a target="_blank" class="" href="https://www.nytimes.com/2024/10/24/us/politics/trump-harris-abortion-rights.html">continue to animate voters</a> as they head to the ballot box.

Kamala Harris, with the help of Beyoncé, leans into her abortion rights message in Texas

Who is Tim Walz, Kamala Harris' pick for VP?

<ul class="summary-list"><li>Prediction markets show Trump leading Harris in <keyword id="19952061" type="General" weightage="20" keywordseo="2024-election" source="keywords">2024 election</keyword> odds.</li><li>Betting platform <keyword id="22291329" type="General" weightage="20" keywordseo="Polymarket" source="keywords" meta.keywordsubtype="org" meta.entityname="Polymarket" meta.hostid="261" meta.entityid="Polymarket">Polymarket</keyword> has seen its trading volume surge, with $1.24 billion bet in October alone.</li></ul>With the Presidential election less than three weeks away, <a target="_blank" class="" href="https://www.businessinsider.com/harris-trump-national-polls-election-2024-10">polls are in a virtual dead heat</a> between candidates Donald Trump and <keyword id="20307089" type="General" weightage="20" keywordseo="Kamala-Harris" source="keywords">Kamala Harris</keyword>. But the election odds look somewhat different in the prediction markets, where people can bet money on the outcome of a race, and the constantly changing odds of a Harris or Trump win on these marketplaces are being closely watched by politicos. Since the start of October, there's been a notable divergence between the <keyword id="22477782" type="General" weightage="20" keywordseo="betting-markets" source="keywords">betting markets</keyword> and the polls. Despite numerous polling averages showing a close race between Harris and Trump, with all major battleground states within the margin of error, the betting markets have moved decisively for Trump. <a target="_blank" class="" href="https://markets.businessinsider.com/news/currencies/bitcoin-price-soars-crypto-president-donald-trumps-election-betting-odds-2024-10">Rumblings have grown</a> that a single person or a consortium of people could be tipping the scale for Trump on the betting platform Polymarket, placing a series of big bets totaling $30 million, in a bid to boost the narrative that he's a shoo-in for the November election. Here's what you need to know. <h2>1. What is Polymarket?</h2>Polymarket is a <keyword id="23618251" type="General" weightage="20" keywordseo="crypto-based-predictions" source="keywords">crypto-based predictions</keyword> market that has become one of the most popular venues for placing online bets on upcoming elections. The prediction market was founded in 2020 and requires users to place bets via stablecoins. Stablecoins are crypto tokens pegged to a fiat currency like the dollar and rarely deviate from their $1 value. Polymarket allows investors to bet on yes or no questions. For example: Will Donald Trump win the 2024 US Presidential election? Polymarket also allows its users to "trade" its bets, or sell out early for potential profits or to cut their losses. This year, Polymarket has seen $1.75 billion worth of trading volume according to data from The Block, with betting activity exploding on US election outcomes. In October alone, the betting market has seen $1.24 billion in trading volume. Before 2024, Polymarket's monthly trading volume rarely topped $10 million. <h2>2. Who is invested in Polymarket?</h2>Polymarket investors include early Facebook backer Peter Thiel, Ethereum cofounder Vitalik Buterin, and Airbnb cofounder Joe Gebbia. The company has raised a total of $74 million, according to data from Crunchbase. <h2>3. Where do election odds stand in betting markets now?</h2>Donald Trump has a massive lead over Kamala Harris in the betting markets. As of 11:55 a.m. on Friday, Polymarket odds showed Trump had a 60.1% chance of becoming the 47th President of the United States compared to just 39.8% for Kamala Harris. There is currently $628.5 million wagered on Trump, compared to $416.6 million wagered on a Harris victory. Kalshi, another betting market that recently received approval from a US federal appeals court to operate and take election wagers from US-based bettors, is also skewed heavily toward Trump at 57% vs 43% for Harris. However, the race is much tighter in the polls. Harris maintains a 2-point lead over Trump, at 48.3% versus 46.3%, according to the <a href="https://projects.fivethirtyeight.com/polls/president-general/2024/national/" target="_blank">latest polling average compiled by 538</a>. Swing-state polls are even tighter, with 538 polling averages showing nearly 50-50 odds for the candidates in Wisconsin, Michigan, Pennsylvania, and Nevada. <h2>4. What's going on with the "Trump whale" in the betting markets?</h2>Because Polymarket is decentralized and takes bets via crypto, there's a lot of data to parse through on individual bets, like the source of the crypto wallet a particular wager came from. According to <a target="_blank" class="" href="https://www.wsj.com/finance/betting-election-pro-trump-ad74aa71?mod=hp_lead_pos1">a report from The Wall Street Journal</a>, four Polymarket accounts have bet a combined $30 million that Trump will win the election. An analysis of the four accounts by blockchain analysis firm Arkham Intelligence suggests "there's strong reason to believe they are the same entity." The four accounts, which go by the names of Fredi9999, Theo4, PrincessCaro, and Michie, have exhibited similar behaviors and were all funded by deposits from crypto exchange Kraken, according to Arkham. <h2>5. Is the $30 million "Trump whale" an influence campaign?</h2>Because the betting markets are relatively illiquid, a $30 million bet can have a big influence on moving the odds in favor of Trump. The accounts have also wagered millions of dollars on Trump winning key swing states like Pennsylvania and winning the popular vote, which is seen as a long shot. Adam Cochran, a veteran crypto investor, told The Wall Street Journal that the betting spree on Polymarket appears to be a campaign to boost the narrative that Trump has a lot of momentum going into election day. "It is by far the most efficient political advertising one can buy," Cochran to the Journal. When Trump's odds of winning the election initially soared on Polymarket on October 7, Elon Musk, who has strongly endorsed Trump and pledged to contribute tens of millions of dollars to getting him in office again, <a target="_blank" class="" href="https://x.com/elonmusk/status/1843363275398169020">retweeted</a> a screenshot of the election odds and said, "Victory is not enough, it must be absolutely decisive victory." To be sure, there is no evidence that the apparent "Trump whale" is trying to manipulate the betting markets, and it could just be that the person or persons have an incredibly strong conviction that Trump will win the election next month. Something similar occurred in the weeks leading up to the 2012 Presidential election, when a so-called "Romney whale" placed a flurry of bets totaling almost $7 million that Mitt Romney would win the election, using the betting market Intrade, which is now out of business. That whale ended up losing it all, as Barack Obama secured a second term. Editor's note: The story has been updated to clarify that the data provided by 538 is an average of multiple polls, not a single national poll.

What to know about the potential $30 million whale moving betting markets toward Trump

<ul class="summary-list"><li>Vice President Kamala Harris proposed an initiative to expand healthcare in rural communities.</li><li>It includes recruiting 10,000 more healthcare workers to rural areas and expanding their student-debt relief options.</li></ul>Vice President Kamala Harris has a plan to bolster healthcare in rural communities in the US — and she wants to try to lure thousands of medical professionals to underserved areas.On Tuesday, Harris' campaign released a new initiative to invest in rural communities by expanding <a target="_blank" href="https://www.businessinsider.com/what-are-kamala-harris-policy-stances-issues-2024-7">healthcare</a>, lowering <a target="_blank" href="https://www.businessinsider.com/jd-vance-childcare-plan-providers-teachers-criticize-policy-2024-9">childcare costs</a>, supporting <a target="_blank" href="https://www.businessinsider.com/how-kamala-harris-plans-to-build-3-million-new-homes-2024-8">new housing units</a>, and ensuring farmers and ranchers have the financial support they need to sustain their businesses. Some of the proposals in the initiative are built on previously announced policies.Over the past few weeks, Harris has released a slate of proposals aimed at making healthcare more affordable and accessible for Americans, and her latest announcement builds on that effort. According to her campaign, Harris plans to recruit 10,000 healthcare professionals to work in rural and tribal areas. To incentivize those workers, the initiative would expand <a target="_blank" href="https://www.businessinsider.com/how-are-schools-using-legacy-admissions-scholarships-state-flagship-colleges-2024-3">scholarships</a>, <a target="_blank" href="https://www.businessinsider.com/student-loan-debt-borrowers-apply-income-driven-repayment-save-plan-2023-7">student-loan repayment programs</a>, and the <a target="_blank" href="https://www.businessinsider.com/student-loan-forgiveness-pslf-borrowers-getting-debt-cancellation-biden-relief-2024-7">Public Service Loan Forgiveness program</a> — which forgives student loans for government and nonprofit workers after 10 years of qualifying payments — to make it easier for the healthcare workers to <a target="_blank" href="https://www.businessinsider.com/student-loan-repayment-issues-debt-relief-broken-industry-2023-9">pay off their educations</a>.The campaign is also proposing new measures to help keep local pharmacies and rural hospitals afloat, along with maintaining and strengthening access to telehealth.Rural healthcare shortages are a widespread problem across the country. According to data from the <a target="_blank" href="https://data.hrsa.gov/Default/GenerateHPSAQuarterlyReport">U.S. Department of Health and Human Services</a>, over 25 million Americans live in rural regions that have a shortage of primary care providers, generally defined by HHS as fewer than one doctor per 3,500 residents. Research from the <a target="_blank" href="https://pubmed.ncbi.nlm.nih.gov/37340266/#full-view-affiliation-4">Journal of General Internal Medicine</a> has found that 20% of Americans live in rural areas — but just 10% of doctors practice in those same areas.To address gaps in healthcare coverage, Harris last week proposed a <a target="_blank" href="https://www.businessinsider.com/kamala-harris-proposal-medicare-in-home-eldercare-childcare-sandwich-generation-2024-10">Medicare benefit to cover in-home care needs</a> for older adults to appeal to the "sandwich generation," or the adults who are raising young kids while also caring for aging parents. <a target="_blank" href="https://www.bls.gov/blog/2023/celebrating-national-family-caregivers-month-with-bls-data.htm">According</a> to the Bureau of Labor Statistics, 37.1 million Americans provide unpaid eldercare."There are so many people in our country who are right in the middle," Harris said during an interview on The View. "They're taking care of their kids, and they're taking care of their aging parents, and it's just almost impossible to do it all, especially if they work."Matthew Hildreth, the Harris campaign's director of rural engagement, told Business Insider in a statement that "the Harris-Walz campaign is making a real commitment to rural communities.""They both understand that rural voters are the foundation of our country, and they want rural voters to know that they have a home in their campaign - that is fundamentally about patriotism, freedom and opportunity," Hildreth said.Former President Donald Trump had a stronghold over rural voters in the 2020 election, and while he's fighting to maintain that lead this time around — his campaign <a target="_blank" href="https://www.donaldjtrump.com/news/4e249a09-c4dd-4a31-8d8b-70769529924f">launched</a> a "Rural Americans for Trump" coalition in August — Harris and her VP pick Tim Walz are hoping to latch onto the rural voters who are not sold on Trump. The proposals come after the Trump administration <a target="_blank" href="https://www.businessinsider.com/trump-administration-creates-new-program-to-transform-rural-healthcare-2020-8">launched their own effort</a> in 2020 to combat the issues facing rural healthcare, with communities pitching the Trump administration on potential solutions.Anna Kelly, the Republican National Committee spokesperson, told Business Insider in a statement that Harris is "lying about plans to make healthcare and overall costs more affordable for rural communities.""President Trump will fight to get Americans the best drug prices in the world that are produced at the highest standard by manufacturing them here in the USA," Kelly said.

Kamala Harris wants to expand student-loan forgiveness for 10,000 doctors and nurses who agree to work in rural areas  

<ul class="summary-list"><li>Paul Graham urged moderate voters to vote for <a target="_blank" class="" href="https://www.businessinsider.com/harris-beyonce-abortion-reproductive-rights-trump-allred-2024-10">Kamala Harris</a>, citing character over policy.</li><li>Graham, a Y Combinator cofounder, contrasted Harris with former president Donald Trump.</li></ul>Veteran investor Paul Graham wrote an open letter saying undecided moderate voters should cast their ballot for Kamala Harris.On Tuesday, the Y Combinator cofounder and self-proclaimed moderate posted a statement on <a target="_blank" class="" href="https://x.com/paulg/status/1851200055220306378">X</a> where he laid out his reasons.Graham said Harris is "a typical politician," and referred to <a target="_blank" class="" href="https://www.businessinsider.com/judge-releases-prosecutors-evidence-against-trump-in-election-interference-case-2024-10">Donald Trump</a> as "far worse." He wrote that his voting choice isn't because he prefers one party's policies over the other's."The reason I'm voting for Harris is that this election is about character," Graham said in the letter.His comments come amid heightened discussion about the role of tech leaders in the election. Business figures have taken varied personal approaches when it comes to presidential endorsements and campaign contributions, but the <a target="_blank" class="" href="https://www.businessinsider.com/jeff-bezos-owned-washington-post-wont-endorse-presidential-candidate-2024-10">Washington Post's recent decision not to endorse a particular candidate</a> has thrust its owner, Amazon founder Jeff Bezos, into the political spotlight in the weeks leading up to the election, and raised questions about the extent of billionaires' involvement in politics.Bezos hasn't publicly endorsed either candidate. <a target="_blank" class="" href="https://www.businessinsider.com/mark-zuckerberg-meta-facebook-libertarian-trump-2024-9">Meta CEO Mark Zuckerberg</a> has also made moves that indicate a desire to seem nonpartisan in this election cycle.Others like <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-donald-trump-twitter-x-wsj-washington-post-2024-10">Tesla CEO Elon Musk</a> have been vocal about which candidate they support, with Musk campaigning for Trump.Graham joins billionaires Melinda French Gates and Mark Cuban in his support of the Democratic candidate.Graham, Trump, and Harris didn't immediately respond to a request for comment from Business Insider.Trump "seems to be completely without shame," Graham said. "The worst thing he did, in my opinion, was when he tried to remain in power after he lost the 2020 election."Graham is credited with coining the term <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-donald-trump-support-reflects-business-approach-tesla-2024-10">"founder mode,</a>" which has grown in popularity as a leadership style that involves to being a more hands-on boss rather than delegating tasks.Graham cofounded <a target="_blank" class="" href="https://www.businessinsider.com/y-combinator-founders-reveal-repeat-accelerator-progam-demo-day-2019-8">famed startup accelerator Y Combinator </a>in 2005, which has been an incubator for companies like Dropbox, Airbnb, and Reddit.

Y Combinator cofounder Paul Graham lays out why he's voting for Kamala Harris

<ul class="summary-list"><li>Taylor Swift is officially backing Kamala Harris for president.</li><li>Swift's fans were long fired up, with some forming a grassroots group.</li></ul>It's officially a "Love Story" between Taylor Swift and Vice President Kamala Harris.The superstar singer endorsed Harris for president on Tuesday night, minutes after the <a target="_blank" class="" href="https://www.businessinsider.com/kamala-harris-donald-trump-presidential-debate-takeaways-2024-9">end of the debate </a>between the vice president and former President Donald Trump."I'm voting for @kamalaharris because she fights for the rights and causes I believe need a warrior to champion them," Swift wrote on Instagram. "I think she is a steady-handed, gifted leader and I believe we can accomplish so much more in this country if we are led by calm and not chaos."Even before the endorsement, Swift's fans were fired up. A grassroots group dubbed Swifties For Kamala — with over <a target="_blank" class="" href="https://x.com/swifties4kamala">60,000 followers</a> on X — had formed to mobilize support for the Democratic ticket, complete with friendship bracelet activism.Swift endorsed Joe Biden in 2020, and <a target="_blank" class="" href="https://x.com/taylorswift13/status/1266392274549776387?lang=en">accused Donald Trump</a> of "stoking the fires of white supremacy and racism your entire presidency."She did not make any public statements about the 2016 election, but <a target="_blank" class="" href="https://www.businessinsider.com/taylor-swift-politics-endorsements-timeline">began speaking up about politics in 2018</a>. Her disdain for Marsha Blackburn, who later won her Tennesee US Senate election, led Swift to get more vocal about her views. In her documentary "Miss Americana," Swift's father, Scott, expresses fears over Swift's safety if she spoke out about the election but she pressed on anyway.In August, Trump posted <a target="_blank" href="https://www.businessinsider.com/taylor-swift-could-sue-trump-fake-ai-endorsement-images-lawsuit-2024-8">AI-generated images</a> of Swift urging people to vote for him on Truth Social.Swift referenced the AI images in her lengthy endorsement message."It really conjured up my fears around AI, and the dangers of spreading misinformation," she wrote. "It brought me to the conclusion that I need to be very transparent about my actual plans for this election as a voter. The simplest way to combat misinformation is with the truth."The superstar's endorsement came as some of her fans questioned her <a target="_blank" class="" href="https://www.businessinsider.com/taylor-swift-brittany-mahomes-us-open-photos-backlash-explained-2024-9">closeness to Brittany Mahomes</a>, wife of Kansas City Chiefs quarterback Patrick Mahomes. Swift has become close to the Mahomeses since she began dating Chiefs tight end Travis Kelce. Brittany Mahomes recently liked a post on Trump's Instagram account.When asked about potential legal ramifications from Swift by Fox Business, Trump said the images were "<a target="_blank" href="https://www.businessinsider.com/trump-taylor-swift-image-shared-made-others-ai-very-dangerous-2024-8">made up by other people</a>" and called AI "very dangerous."Many Democrats have been <a target="_blank" href="https://www.businessinsider.com/taylor-swift-endorsement-kamala-harris-dnc-rumors-2024-8">frothing at the mouth for a Swift endorsement</a> given her unique cultural sway and loyal fandom.There was also some buzz that she might appear at the Democratic National Convention in August, which ultimately proved false.<a target="_blank" class="" href="https://www.businessinsider.com/hollywood-endorse-kamala-harris-george-clooney-charlixcx-2024-7">Other celebrities backing Harris</a> and her running mate, Minnesota Gov. Tim Walz, include Stevie Wonder, Oprah, The Chicks, John Legend, and Charlie XCX.

Taylor Swift endorses Kamala Harris for president 

<ul class="summary-list"><li>Michele Norris said she resigned as a columnist at The Washington Post.</li><li>Norris said the Post's decision not to endorse Kamala Harris was a "terrible mistake."</li></ul>Michele Norris, a columnist at The Washington Post, has resigned, making her the most recent staffer to leave over the newspaper's decision not to endorse Vice President Kamala Harris in the 2024 presidential election.Norris shared the news in an X post on Sunday."The Washington Post's decision to withhold an endorsement that had been written &amp; approved in an election where core democratic principles are at stake was a terrible mistake &amp; an insult to the paper's own longstanding standard of regularly endorsing candidates since 1976," she wrote.<div type="image" title="The Washington Post Building in Washington, D.C." height="3910" width="5865" msid="114664637" hostid="261" sizebytes="2208436"></div>The Washington Post said on Friday that it would not endorse a US presidential candidate, <a target="_blank" class="" href="https://www.businessinsider.com/washington-post-staff-revolt-presidential-endorsement-2024-10">angering some editorial staff</a>, including editor at large Robert Kagan, who on Friday also resigned.Publisher and CEO Will Lewis wrote in a column on Friday that the decision was made to allow Post readers to "make up their own minds" on who to vote for in the presidential election."Our job at The Washington Post is to provide through the newsroom nonpartisan news for all Americans, and thought-provoking, reported views from our opinion team to help our readers make up their own minds," he wrote. "Most of all, our job as the newspaper of the capital city of the most important country in the world is to be independent."Norris, who had been a high-profile opinion columnist at the Post since 2019, said on X that the "reason given in no way justifies" the change in policy."I am deeply disappointed by the Post's decision to reverse course and withhold a presidential endorsement in this election cycle when the excellent reporting throughout the entirety of the paper makes clear all that is at stake in the election and around the world," she wrote.The newspaper published a separate article on Friday reporting that its owner, Amazon founder Jeff Bezos, ultimately made the call.The Post reported that editorial page staffers had drafted an endorsement for Harris, who is vying for the Oval Office against former President Donald Trump.Former Washington Post executive editor Martin Baron criticized the move in a text to the newspaper, according to The Post's article on Friday."This is cowardice, a moment of darkness that will leave democracy as a casualty. Donald Trump will celebrate this as an invitation to further intimidate The Post's owner, Jeff Bezos (and other media owners)," he said. "History will mark a disturbing chapter of spinelessness at an institution famed for courage."A representative for The Washington Post declined to comment.

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