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Photo: Scott Olson/Getty Images

The Biden campaign announced two new policies on Thursday on health care and student debt that are squarely aimed at appealing to supporters of Bernie Sanders, who ended his campaign for the Democratic nomination on Wednesday.

Why it matters: The policies don't go as far as Sanders' platform, but they signal that Biden is serious about incorporating elements of his former rival's agenda in an effort to help unify the Democratic Party and defeat President Trump in the general election.

  • The policy announcements directly reference Sanders and his supporters, noting that they can "take pride in their work in laying the groundwork for these ideas."

1. Lower the Medicare age from 65 to 60.

  • Under Biden's plan, Americans would be able to choose whether to access Medicare benefits when they turn 60.
  • If not, they would be permitted to remain on their employer's insurance, Biden's "public option" or other plans they can access through an Affordable Care Act marketplace.

2. Forgive student debt for low-income and middle-class individuals who have attended public colleges and universities.

  • Specifically, Biden's proposal forgives all undergraduate tuition-related federal student debt from two- and four-year public colleges and universities — as well as private Historically Black Colleges and Universities and private, underfunded Minority-Serving Institutions.
  • It would apply to debt-holders earning up to $125,000, with "appropriate phase-outs to avoid a cliff."
  • This is in addition to Biden's existing student debt proposals, which include an Elizabeth Warren-backed plan to cancel a minimum of $10,000 of student debt per person during the coronavirus crisis.

Go deeper: Biden and Sanders work toward truce on big issues

Go deeper

35 mins ago - Politics & Policy

Trump leaves White House for the final time

President Trump took off on Marine One at 8:17 a.m on Wednesday morning, departing the White House for the last time, en route to Florida.

The big picture: Trump's final hours will be marked by snubbing his successor and granting pardons to many of his allies who have been swept up in corruption scandals.

Inauguration Day dashboard

Screenshot: Fox News

President Trump has left the White House en route to a farewell event at Andrews Air Force Base, kicking off the day that will culminate with President-elect Joe Biden taking office.

What's next: The inaugural celebration for young Americans is being livestreamed, starting at 10am.

Dion Rabouin, author of Markets
1 hour ago - Economy & Business

Janet Yellen said all the right things to reassure the markets

Illustration: Aïda Amer/Axios

Treasury Secretary nominee and former Fed chair Janet Yellen's confirmation hearing before the Senate Finance Committee on Tuesday showed markets just what they can expect from the administration of President-elect Joe Biden: more of what they got under President Trump — at least for now.

What it means: Investors and big companies reaped the benefits of ultralow U.S. interest rates and low taxes for most of Trump's term as well as significant increases in government spending, even before the coronavirus pandemic.