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Kamala Harris speaks at a school in Nevada. Photo: Ethan Miller/Getty Images

2020 Democratic candidate Sen. Kamala Harris has unveiled a teacher pay plan that would give the average teacher a $13,500 raise, after saying at a Houston rally last weekend that she would make the largest-ever federal investment in educators' pay if elected president.

Why it matters: Harris is the first 2020 candidate to release a plan like this. This proposal helps her expand her economic message to address one of the public crises we've seen play out over the last two years through teachers' strikes around the country.

Details: The plan would cost around $315 billion over a span of ten years, "paid for by strengthening the estate tax and cracking down on loopholes" on tax breaks for wealthy people.

  • The $13,500 pay raise is equivalent to a 23% base pay increase for the average teacher, according to the plan.
  • States and school districts "will be required to use funds to increase teacher pay, not replace existing education funding."
  • The plan advocates for "an immediate federal investment in every state" to "provide the first 10 percent of funding needed to close the teacher pay gap."
  • Schools that predominantly serve students of color will receive even more funding to increase teacher pay.

Read the full teacher pay proposal.

Go deeper

2 hours ago - Health

Ipsos poll: COVID trick-or-treat

Data: Axios/Ipsos poll; Note ±3.3% margin of error for the total sample size; Chart: Andrew Witherspoon/Axios

About half of Americans are worried that trick-or-treating will spread coronavirus in their communities, according to this week's installment of the Axios/Ipsos Coronavirus Index.

Why it matters: This may seem like more evidence that the pandemic is curbing our nation's cherished pastimes. But a closer look reveals something more nuanced about Americans' increased acceptance for risk around activities in which they want to participate.

Updated 10 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: The good and bad news about antibody therapies — Fauci: Hotspots have materialized across "the entire country."
  2. World: Belgium imposes lockdown, citing "health emergency" due to influx of cases.
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Education: Surge threatens to shut classrooms down again.
  5. Technology: The pandemic isn't slowing tech.
  6. Travel: CDC replaces COVID-19 cruise ban with less restrictive "conditional sailing order."
  7. Sports: High school football's pandemic struggles.
  8. 🎧Podcast: The vaccine race turns toward nationalism.
Dan Primack, author of Pro Rata
Updated 11 hours ago - Economy & Business

Dunkin' Brands agrees to $11B Inspire Brands sale

Photo: Alexi Rosenfeld/Getty Images

Dunkin' Brands, operator of both Dunkin' Donuts and Baskin-Robbins, agreed on Friday to be taken private for nearly $11.3 billion, including debt, by Inspire Brands, a restaurant platform sponsored by private equity firm Roark Capital.

Why it matters: Buying Dunkin’ will more than double Inspire’s footprint, making it one of the biggest restaurant deals in the past 10 years. This could ultimately set up an IPO for Inspire, which already owns Arby's, Jimmy John's and Buffalo Wild Wings.