JD Vance and Tim Walz spar over Trump and Harris economic policies

(NewsNation) —The vice presidential candidates both defended their running mates in a back and forth during their first and likely only debate Tuesday. 

Minnesota Governor Tim Walz, who has been tapped by Vice President Kamala Harris to run on Democratic ticket, touted her economic plan saying it would redistribute money back to the middle class.

“Kamala and I believe in the middle class,” Walz said, adding that her plan includes more housing assistance, drug price fairness, tax cuts for middle class and getting businesses off the ground.

“We will ask the wealthy to pay their fair share.”

Walz also slammed Trump saying he created the largest trade deficit with China during his presidency.

“Trump’s plan would lead to a recession.”

Republican nominee Donald Trump’s pick, JD Vance shot back at Walz saying Harris “had the chance to make things better, but didn’t,” when it came to the economy.

Harris policies “make life unaffordable for Americans,” he said.

He defended Trump’s economic plans saying they will “deliver highest take-home pay” and make “groceries affordable again” for all Americans.

Vance pushed that the U.S. needs to get back to “common sense” economic policies.

The debate in New York hosted by CBS News gave Vance, a Republican freshman senator from Ohio, and Walz, a two-term Democratic governor of Minnesota, the chance to introduce themselves, make the case for their running mates, and go on the attack against the opposing ticket.

Walz’s economic record includes passing tax cuts for Minnesotans while maintaining a balanced budget in the state. He also has a record that includes investments in infrastructure and community college programs as well as supporting a transition to green energy. He has also advocated for paid family and medical leave.

Among his other accomplishments as governor, Walz also signed a $2.3 billion education budget into law, which provided “students free breakfast and lunch at school, created thousands of new pre-K seats, expanded access to mental health resources for students, and made significant investments to improve child literacy.”

Vance, Trump’s campaign partner, has built a brand on economic populism, diverting from the GOP’s traditional pro-business platform.

Vance partnered with Sen. Elizabeth Warren, D-Mass., to crack down on big banks.

Abroad, Vance has made his stance on the war in Ukraine clear, opting to reject any U.S. aid for the country. He was also a key figure in the unsuccessful attempt to block a $60 billion supplemental aid package to Ukraine.

Related articles

Bill Cassidy raises $1.65 million for reelection fight

Sen. Bill Cassidy raised $1.65 million in the latest fundraising quarter and has $11 million in cash on hand, his team told POLITICO, as he seeks to ward off a right-wing primary challenge.

The Louisiana Republican is facing several primary challengers on the right fueled by his past criticism of President Donald Trump. Cassidy voted to impeach Trump following the Jan. 6, 2021, attack against the Capitol, a stance that angered the GOP base in Louisiana.

Cassidy has consistently posted slightly higher fundraising numbers than his opponents, John Fleming, the state treasurer and a former congressman, and state Sen. Blake Miguez, but has a significantly larger war chest. Cassidy has raised more than $17 million this cycle to date. Fleming and Miguez haven’t released their latest numbers; they had just over $2 million and $2.5 million in the bank respectively as of the end of September. Rep. Julia Letlow (R-La.) has also flirted with a bid, though sources told POLITICO she is not expected to run; she had $2.3 million in the bank as of the end of September.

The senator will have some help. A pair of super PACs supporting Cassidy’s reelection will show they had $5 million in cash on hand at the end of 2025 and received an additional $2 million in the first two weeks of January, according to a person close to those efforts. The PACs expect to spend between $13 million and $15 million on his behalf.

Cassidy is one of a trio of GOP senators facing tough reelection fights where Trump is declining to endorse a candidate, along with Texas Sen. John Cornyn and Maine Sen. Susan Collins.

Cassidy’s Senate GOP colleagues are backing his reelection. On Thursday, Majority Leader John Thune will host a fundraiser for Cassidy in Baton Rouge that’s expected to bring in $600,000.

Donald Trump – Can Donald Trump unilaterally cap credit card interest rates at 10%? It’s a request, not a law.

Credit card companies would be “in violation of the law” if they don’t cap interest rates at 10% by Jan. 20.

Trump SCREWED by HIS OWN as Fraud Plea HAUNTS HIM

Austin Smith, a former Turning Point Action...

With Blood on His Hands, Trump Is Eager To Invoke Insurrection Act

Programming Note Join me for the first Morning Memo Live event on Jan. 29 in Washington, D.C. Find details and...

The states fighting to be at the front of Democrats’ 2028 presidential primary

States have until Friday to apply to be an early primary contest in 2028.