Illustration: Aïda Amer/Axios

The rising Democratic enthusiasm for big government liberalism is forcing a trio of leading 2020 contenders to rethink jumping in, several sources tell Axios.

What's happening: Michael Bloomberg and former Virginia Gov. Terry McAuliffe, each of whom were virtual locks to run, are having serious second thoughts after watching Democrats embrace "Medicare for All," big tax increases and the Green New Deal. Joe Biden, who still wants to run, is being advised to delay any plans to see how this lurch to the left plays out. If Biden runs, look for Bloomberg and McAuliffe to bow out, the sources tell us. 

  • The Democratic attacks on Howard Schultz, after he said he was considering an independent bid, reflect the current party's limited appetite for moderation.
    • In "Schultz Derangement Syndrome," conservative N.Y. Times columnist Bret Stephens wrote: "[T]he neuralgic reaction to his bid says something about the ideological drift of the Democratic Party."

Iowa polling by a prominent 2020 hopeful found that the Democratic electorate has moved sharply left.

  • For instance, the polling found that "socialism" had a net positive rating, while "capitalism" had a net negative rating.

Bloomberg is going ahead with expensive preparations for a campaign: He directed his staff to prepare a launch plan for him, after he received an encouraging response from a business audience in Northern Virginia 10 days ago.

  • Kevin Sheekey, his close adviser, was spotted in Washington yesterday on a recruitment mission for campaign talent.
  • If Bloomberg ran, he would argue that no candidate in the race has done more to save the environment and support gun control.

Be smart: The decision on whether to enter the crowded 2020 field is becoming a math problem. Just one moderate candidate could have an advantage, with a bunch of progressives splitting the liberal vote. But multiple moderates could be splitting too small a slice.

Go deeper

Trump commutes Roger Stone's sentence

Roger Stone arriving at his sentencing hearing on Feb. 20. Photo: Drew Angerer/Getty Images

President Trump on Friday evening commuted the sentence of his longtime associate Roger Stone, according to two senior administration officials. Stone in February was sentenced to 40 months in prison for crimes including obstruction, witness tampering and making false statements to Congress.

Why it matters: The controversial move brings an abrupt end to the possibility of Stone spending time behind bars. He had been scheduled to report to prison on July 14.

Updated 10 hours ago - Health

Which states have set single-day coronavirus records this week

Data: COVID Tracking Project and state health department data compiled by Axios; Map: Danielle Alberti and Naema Ahmed/Axios

13 states this week surpassed records set just last week for their highest number of coronavirus infections in a single day, according to the COVID Tracking Project and state health department data. 16 states in total reported new highs.

The big picture: The United States' alarming rise in coronavirus cases isn't just due to increased testing — particularly where the number of cases has grown fastest over the last month, Axios' Andrew Witherspoon and Caitlin Owens report.

Updated 10 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 6:30 p.m. ET: 12,389,660 — Total deaths: 557,279 — Total recoveries — 6,830,596Map.
  2. U.S.: Total confirmed cases as of 6:30 p.m. ET: 3,169,611 — Total deaths: 133,885 — Total recoveries: 983,185 — Total tested: 38,856,341Map.
  3. Public health: The reality of the coronavirus bites.
  4. Trade: Trump says he's no longer considering phase-two trade deal with China because the pandemic damaged the two countries' relationship.
  5. 🎧 Podcast: Rural America has its own coronavirus problem.