Hillary Lays Out Agenda
Hillary Clinton to outline economic agenda at 10 AM ET. WSJ: "She will accuse [Republicans] of seeking growth without regard to whether the middle class thrives ... [She] will also draw implicit contrasts with Sen. Bernie Sanders ... Her economic policy advisers say she aims to walk a course between a focus on inequality and one on growth ... [She] will call for raising the minimum wage, increasing taxes on the wealthy, boosting the power of unions and reducing health-care costs. She also is likely to propose some new rules governing Wall Street. She plans to endorse greater use of profit-sharing programs for corporate workers and a college-affordability program..."
More from LAT: "[She will propose] changes in the tax code that encourage companies to boost employee compensation when earnings are robust ... [She also wants to incentivize] investments in infrastructure and research, for example, while closing what her advisors say are tax loopholes that promote excessive risk-taking in the markets."
Bernie Pushes Social Security Expansion
Sen. Bernie Sanders leads drive to increase Social Security benefits. The Hill: "...a letter to be delivered to the White House Monday [urges] the president [expand] Social Security ... The letter is spearheaded by Sen. Bernie Sanders (I-Vt.) ... and Rep. John Conyers (D-Mich.) ... A host of liberal groups plan to deliver a petition –– 2 million signatures long –– to the Aging conference on Monday echoing the lawmakers' push for a Social Security expansion. The sponsoring groups include the AFL-CIO, the Campaign for America's Future, the National Organization for Women and Social Security Works."
Bernie explicit about supporting "redistributing" wealth. W. Post: "It is this kind of unorthodoxy that has helped galvanize liberal voters in New Hampshire and Iowa and elevate Sanders in early polls. It is also represents a sharp challenge to front-runner Hillary Rodham Clinton, who wants to maintain broad appeal even as she expands her support among liberal Democrats."
Scott Walker to become 16th GOP nominee. Bloomberg: "'Government that is closest to the people is usually the best,' he plans to say. 'This is why we should move power and money out of Washington and send it back to our states and communities in key areas like Medicaid, transportation, workforce development, and education.'"
Greece Concedes
Europe-Greece strike deal. NYT: "The deal announced early Monday allows only the start of detailed negotiations on a new assistance package for Greece. But the prospect of a new bailout program was expected to give the European Central Bankthe leeway to continue channeling sorely needed emergency funding to Greek banks..."
"Greece Capitulates" says Bloomberg: "The conditions that Tsipras swallowed comprised a laundry list of unfinished business from Greece’s two previous bailouts and a new demand for the government to transfer 50 billion euros of state assets to a holding company that will seek to either sell or generate cash from them. His creditors rejected Tsipras’s pleas for a cut in the face value of Greek debt of about 310 billion euros ... He’ll return to Greece to face a political backlash that may force him to organize a government of national unity or call new elections..."
Can Ex-Im Survive?
Conservatives try to kill off Ex-Im Bank. The Hill: "Conservatives believe they can persuade a majority of their colleagues in the House GOP to oppose the Export-Import bank, whose charter expired June 30 ... Others within conservative ranks say they are about 30 votes from that goal."
USA Today edit board supports restoration: "...killing it would undoubtedly lead to the loss of tens of thousands of jobs, particularly the kinds of manufacturing jobs that people with less than a college education struggle to find."
