South Bend Mayor Pete Buttigieg responded to concerns at the second Democratic debate on Tuesday that Democrats are drifting "too far to the left," arguing that Republicans will call them "crazy socialists" no matter what policy agenda they embrace.

"It's time to stop worrying about what the Republicans will say. It's true that we embrace a far left agenda, they're going to say we're a bunch of crazy socialists. If we embrace a conservative agenda, you know what they're going to do? They're going to say we're a bunch of crazy socialist. Let's stand up for the right policy, go up there and defend it."

Why it matters: It's become clear over the course of the Democratic primary that President Trump and his Republican supporters are seeking to brand the candidates as "far-left socialists" over policies like Medicare for All and the Green New Deal, despite the fact that Sen. Bernie Sanders is the only candidate who identifies as a democratic socialist. Buttigieg's argument is that the field should not be concerned with labels, and that strong policies that the candidates are able to cogently explain to voters will transcend any right-wing marketing campaign.

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59 mins ago - Health

SPACs are the new IPOs

Illustration: Aïda Amer/Axios

Churchill Capital Corp. III has agreed to acquire health-cost management services provider Multiplan at an initial enterprise value of $11 billion, as such deals continue to proliferate as alternatives to IPOs.

Why it matters: This is the largest special purpose acquisition company (SPAC) merger, and also includes the largest private investment in public equity (PIPE) associated with a SPAC. Existing Multiplan owners like Hellman & Friedman and General Atlantic will roll over more than 75% of their collective stake, and own over 60% of the public company.

Washington Redskins will change team name

Photo: Patrick McDermott/Getty Images

The Washington Redskins announced Monday that the NFL team plans to change its name.

Why it matters: It brings an end to decades of debate around the name — considered by many to be racist toward Native Americans. The change was jumpstarted by nationwide protests against systemic racism in the U.S. this summer.

3 hours ago - Health

Houston public health system CEO says coronavirus situation is "dire"

Houston's coronavirus situation is "dire, and it's getting worse, seems like, every day," Harris Health System CEO and President Dr. Esmail Porsa said Monday on MSNBC's "Morning Joe."

The big picture: Porsa said the region is seeing numbers related to the spread of the virus that are "disproportionately higher than anything we have experienced in the past." He noted that Lyndon B. Johnson Hospital's ICU is at 113% capacity, and 75% of its beds are coronavirus patients.