Harris's "America Forward" agenda announcement

The “America Forward” agenda is part of a broader $100 billion industrial policy proposal that seeks to enhance economic and national security. Harris emphasized the importance of establishing a national stockpile of critical minerals, which are essential for modern technology and defense applications. By encouraging domestic production and processing capabilities, the initiative aims to strengthen supply chains and create jobs, while also addressing the strategic vulnerabilities posed by current dependencies on foreign sources. Harris’s campaign highlights the bipartisan support for increasing domestic mineral production, underscoring its significance for the future of the American economy and energy transition.

Key Components of the “America Forward” Agenda

• Tax Credits: The plan proposes new incentives to stimulate investment and job creation in various industries.

• Domestic Manufacturing: A focus on enhancing the production capabilities within the U.S. to reduce reliance on imports.

• Critical Minerals Stockpile: Establishing a national reserve of essential minerals like lithium and cobalt to secure supply chains for electric vehicle batteries and other technologies.

• Bipartisan Support: Recognition from both parties about the importance of domestic mineral production for national security and economic independence.

Context and Implications

Harris’s announcement comes at a time when the U.S. is increasingly aware of its vulnerabilities in critical supply chains, particularly as demand for clean energy solutions grows. The Biden administration has already taken steps to address these issues, committing over $120 billion to strengthen domestic supply chains since taking office. However, challenges remain, including lengthy timelines for domestic mining projects and regulatory hurdles that have historically slowed progress. The “America Forward” agenda aims to tackle these obstacles while positioning the U.S. as a leader in the global market for critical minerals.