The democratic field for 2020 is already enormous, with no fewer than 20 candidates on the dance floor.
And while it may look as though all of these liberal politicos are dancing to the same tune, we are beginning to see a few candidates attempting to distance themselves from the rest.
Somewhat predictably, the policy positions that would be most helpful in distinguishing these candidates are also the most radical. Similar, the candidates who are espousing them are all the one who are struggling to stand out in the crowded field.
Liz Warren, who entered the presidential race earlier than many, has routinely been looking to manufacture this sort of “breakthrough” moment in the campaign. Her first foray into this field was a farcical video broadcast from her kitchen, while drinking a beer and cooking dinner. The only issue was who phony and staged the entire thing felt, from the undoubted use of professional lighting to the mental tick Warren had about keeping the label of her beer bottle from facing the camera. (We wouldn’t want to alienate the Coors drinkers in Miller country, after all).
Now, as Warren’s campaign admits to recent fundraising struggles, a bold new strategy is emerging for the dwindling democrat.
Democratic presidential candidate Elizabeth Warren has identified something else to finance with her proposed wealth tax: wiping out student debt and tuition at public colleges.
The Massachusetts senator, who has raced ahead of her 2020 rivals with detailed plans to rearrange America’s economic priorities, unveiled on Monday her proposal for easing access to higher education. It would:
Spend $1.25 trillion over 10 years to eliminate up to $50,000 in student debt for those with household incomes under $100,000
Allow states to make public colleges tuition-free
Spend $100 billion on expanded Pell grants to defray more nontuition expenses
And where would the money come from?
The money would come from the 2% annual tax she proposes to levy on accumulations of wealth exceeding $50 million, with an additional 1% on wealth exceeding $1 billion. Warren justified the link by asserting that higher education financing has long been crimped by tax cuts for wealthy Americans and corporations.
Free college tuition has long been a pipe dream of the democrats, and Warren is likely hoping to pump up her lagging campaign by being one of the first candidates to put forth a plan.
Is it too little, too late for a campaign that began awkwardly after Warren’s DNA debacle? We’ll just have to wait and see.