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Cory Booker. Photo: Ethan Miller/Getty Images

2020 Democratic candidate Sen. Cory Booker (D-N.J.) released a housing plan for his campaign on Wednesday.

Why it matters: One of the flashiest policies in Booker's plan, which identifies low-income access to housing as a top priority, is a tax credit for renters to prevent them from spending more than 30% of their income on rent. The novel proposal comes as Democrats attempt to set themselves and their policies apart in a packed field.

  • The credit would make up the gap between 30% of an individual's income and the fair-market rent in their neighborhood — and it would not include an income cap to limit participation. It would apply to 57 million Americans, according to the New York Times.

Other highlights from the proposal:

  • Requiring $16 billion of current annual funding from federal aid and infrastructure programs to be "subject to local governments demonstrating progress towards reducing barriers to affordable housing."
  • Creating new units for low-income renters: Placing $40 billion in the Housing Trust Fund annually for rentals. This policy is aimed at those earning less than the federal poverty level or 30% of an area's median income.
  • Funding states and communities that provide a right to counsel for low-income tenants facing eviction, through a national Eviction Right to Counsel Fund.
  • Passing the Equality Act and amending the Fair Housing Act to criminalize discrimination based on sexual orientation or gender identity.

Go deeper: Cory Booker on the issues, in under 500 words

Go deeper

House passes George Floyd Justice in Policing Act

Photo: Stephen Maturen via Getty Images

The House voted 220-212 on Wednesday evening to pass a policing bill named for George Floyd, the Black man whose death in Minneapolis last year led to nationwide protests against police brutality and racial injustice.

Why it matters: The legislation overhauls qualified immunity for police officers, bans chokeholds at the federal level, prohibits no-knock warrants in federal drug cases and outlaws racial profiling.

Senate Republicans plan to exact pain before COVID relief vote

Sen. Ron Johnson. Photo: Stefani Reynolds/Bloomberg via Getty Images

Republicans are demanding a full, 600-page bill reading — and painful, multi-hour "vote-a-rama" — as Democrats forge ahead with their plan to pass President Biden's $1.9 trillion COVID-19 relief package.

Why it matters: The procedural war is aimed at forcing Democrats to defend several parts the GOP considers unnecessary and partisan. While the process won't substantially impact the final version of the mammoth bill, it'll provide plenty of ammunition for future campaign messaging.

The new grifters: outrage profiteers

Illustration: Sarah Grillo/Axios

As Republicans lost the Senate and narrowly missed retaking the House, millions of dollars in grassroots donations were diverted to a handful of 2020 congressional campaigns challenging high-profile Democrats that, realistically, were never going to succeed.

Why it matters: Call it the outrage-industrial complex. Slick fundraising consultants market candidates contesting some of their party’s most reviled opponents. Well-meaning donors pour money into dead-end campaigns instead of competitive contests. The only winner is the consultants.