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Kamala Harris on Budget & Economy
Democratic candidate for President (withdrawn); California Senator
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Economic numbers conceal more than reveal
This president walks around flouting his great economy. You ask him, how are you measuring this greatness? He talks about the stock market. That's fine if you own stocks; many families do not. You ask him, how are you measuring the greatness of this
economy? They point to the jobless numbers and the unemployment numbers. People in America are working. They're working two and three jobs. No one should have to work more than one job to have a roof over their head and food on the table.
Source: June Democratic Primary debate (second night in Miami)
, Jun 27, 2019
Prosecuted fewer foreclosure fraud cases than smaller states
Harris was a firm proponent of civil asset forfeiture, sponsoring a bill to allow prosecutors to seize profits before charges were even filed. Years before that, she opposed AB 639, a bill that aimed to reform asset forfeiture.
The bill easily cleared the state assembly but was soon scuttled by a united wall of opposition from law enforcement, with whom Harris was united.
Her Mortgage Fraud Strike Force opened in 2011, employing twenty-five lawyers and investigators with a budget of more than $2 million to go after foreclosure fraud. The strike force managed to prosecute just ten cases in three years, an
East Bay Express investigation in 2014 found. It had filed fewer lawsuits than attorneys general in smaller states with fewer victims, and even fewer than some county district attorneys. Yet California led the country in terms of such scam operations.
Source: Jacobin Magazine on 2018 California Senate race
, Aug 10, 2017
$20B for struggling homeowners during mortgage crisis
Following the national mortgage crisis, Attorney General Harris secured more than $20 billion for struggling
California homeowners from the nation's banks and wrote the nation's most comprehensive package of foreclosure reforms.
Source: 2016 Senate campaign website, KamalaHarris.org
, Apr 1, 2015
Provide protections for homeowners in bank dealings
The bills provide first of their kind protections for homeowners and reforms to the mortgage and foreclosure process. The bills were approved 53 to 25 in the Assembly and 25 to 13 in the Senate. Said Attorney General Harris, "These common-sense
reforms will require banks to treat California homeowners more fairly and bring more transparency and accountability to their practices in our state. Responsible homeowners will have a better shot to keep their homes."
Source: 2012 California A.G./gubernatorial press release
, Jul 2, 2012
Provide protections for homeowners in bank dealings
The bills provide first of their kind protections for homeowners and reforms to the mortgage and foreclosure process. The bills were approved 53 to 25 in the Assembly and 25 to 13 in the Senate. Said Attorney General Harris, "These common-sense
reforms will require banks to treat California homeowners more fairly and bring more transparency and accountability to their practices in our state. Responsible homeowners will have a better shot to keep their homes."
Source: 2012 California A.G./gubernatorial press release
, Jul 2, 2012
Page last updated: Oct 31, 2020