Washington, D.C., August 18--  U.S. presidential candidate Kamala Harris has unveiled a series of proposals aimed at reducing the cost of living for Americans as part of her broader economic plan. The announcements were made during a campaign event in North Carolina on Friday.

Harris emphasized the need for "severe penalties" on companies that attempt to increase the prices of essential daily items, such as groceries. She highlighted the growing burden on American families, noting that costs for food, rent, gas, school supplies, and prescription drugs continue to rise, leaving many families with little money at the end of each month.

"Keeping Americans' costs of living under control is possible," Harris stated. "Housing can be made more affordable if prices are reduced at the initial stage."

One of the key elements of her proposal involves empowering the Federal Trade Commission (FTC) to impose strict penalties on large corporations if they are found guilty of price gouging. However, this measure would require approval from Congress.

In addition to combating price increases, Harris has put forward a proposal for a $25,000 loan for certain first-time home buyers and a tax break on new home construction. This is aimed at making housing more accessible and affordable for a broader range of Americans.

Harris also proposed tax relief measures for families, including a new 'child tax credit' of up to $6,000 for families with newborns, which she believes would provide crucial financial support to families during the early stages of child-rearing.

The candidate's economic plan reflects her focus on addressing the financial challenges faced by many Americans and her commitment to ensuring that the cost of living remains manageable for all citizens.