Oct 22, 2018

Axios PM

1 big thing: Liberals get a 2020 ideas arms race

Illustration: Sarah Grillo/Axios

Besides attracting a record number of candidates, the 2020 Democratic presidential race could spark the most interesting Democratic political ideas battle in a generation.

The big picture: With no Barack Obama or Hillary Clinton in the arena, a dozen or more hopefuls are already searching for ways to break through with a primary electorate that's increasingly looking left, Axios' Justin Green writes.

A sampling of the big ideas at play:

  • "Medicare for All": Sen. Bernie Sander of Vermont has a full-scale single-payer system would outlaw most private insurance benefits and cover everything, for everyone. It could cost about $32.6 trillion over 10 years — roughly what we're projected to spend under the status quo.
  • Reforming capitalism: Sen. Elizabeth Warren of Massachusetts has an "Accountable Capitalism Act" that would require big corporations to act in interests of more than just their shareholders, while another bill would ban members of Congress from owning individual stocks, and severely crack down on lobbying by former lawmakers.
  • Taxing carbon: Washington Gov. Jay Inslee is pushing a progressive carbon price policy in his state, so anything he pursues on the 2020 campaign trail would likely be similar.
  • Redistributing more money: Sen. Kamala Harris of California has a plan that would give up to $6,000 a year for married couples (3K for singles) making less than 100K a year, The Atlantic reports. It could cost $200 billion a year.
  • "Baby bonds": Sen. Cory Booker of New Jersey is advancing a plan to give as much as $46K to people upon reaching adulthood, scaled by family income and paid by capital gains and estate tax increases. The money could be used for down payments, college tuition or retirement.
  • Guaranteed jobs: Booker, Harris, Sanders and Warren support various plans that provides a guaranteed job to anyone who wants one.
  • "Abolish ICE": Sen. Kirsten Gillibrand of New York said in July that she wants to abolish the agency and end Trump's child separation policy.

The bottom line: Many of these programs will cost serious cash and control of the Senate.

  • But if even some of these ideas make it to a Democratic primary debate stage, the politics of incrementalism will be pushed to the sidelines.

Go deeper:

Bonus: Photo du jour

Photo: Chip Somodevilla/Getty Images

LGBTQ activists hold a 'We Will Not Be Erased' rally in front of the White House today during protests over the Trump administration considering a narrower definition of gender.

2. What you missed
  1. Trump says that he is "not satisfied” with Saudi Arabia’s explanation for the death of journalist Jamal Khashoggi, adding that he won’t accept the kingdom's request for a full month to complete their investigation. Go deeper.
  2. In a string of Monday morning tweets about the caravan of Honduran migrants currently in Mexico, Trump stated the United States will begin cutting off foreign aid to Guatemala, Honduras and El Salvador. Go deeper.
  3. Trump told French President Emmanuel Macron last month that he's ready to put pressure on Israel to accept his upcoming Middle East peace plan. Go deeper.
  4. Hurricane Willa put on an astonishing display of rapid intensification over the weekend. It's expected to hit Mexico's Pacific coast as a major hurricane of Category 3 or stronger by Wednesday. Go deeper.
  5. The Trump administration is giving states more leeway to waive some of the Affordable Care Act's rules — a move that could ultimately advance some of the same policy objectives Republicans had pursued in their failed repeal-and-replace effort last year. Go deeper.
3. 1 Papa thing
In this Nov. 1960 file photo, U.S. novelist Ernest Hemingway attends a bullfight in Madrid, Spain. Photo: AP Photo

The world is about to get a pair of rarely seen Hemingway stories from the 1950s, the AP's Hillel Italie reports

  • “'The Monument' and 'Indian Country and the White Army' will be included with a special reissue of the author’s classic 'For Whom the Bell Tolls.' The new edition also will include the story 'A Room on the Garden Side,' which had been little known beyond the scholarly community before The Strand Magazine published it over the summer."