The draft platform backs a national minimum wage of $15 an hour for the caregiving workforce. Health care: “The health care proposals are really trying to take Obamacare to the next level,” says Ornstein. The draft platform says Democrats “will cap out-of-pocket drug costs for seniors,” but doesn’t offer a dollar amount for the cap. Social Security, Retirement and Working LongerSocial Security: Early in the first Obama administration, numerous Democrats flirted with the idea of serious deficit reduction including cuts in Social Security benefits, possibly by raising the retirement age. The Democratic draft platform doesn’t favor universal retirement savings plans (an idea floated by various Republican and Democratic administrations since President Carter).

Source: Forbes August 13, 2020 18:56 UTC