Warren's proposal would cancel up to $50,000 in debt for people with annual household income under $100,000.
, mayor of South Bend, Ind., has objected to broad student-debt cancellation, preferring more-targeted debt relief.
she has proposed — a 2% tax on Americans with assets worth more than $50 million, with an additional 1% surcharge on wealth over $1 billion.and nearing 20 Democrats, candidates have each been looking for ways to distinguish themselves. Warren, despite her higher national profile, has not been in the top tier in most polls and in recent fundraising reports.
A campaign aide said Warren’s impeachment pronouncement did not signal a shift in her focus on “big policy” initiatives that have been the hallmark of her campaign. She has offered detailed proposals on subjects such as child care, anti-corruption and breaking up big technology companies — all designed to address what she sees as inequities in the U.S. economic and political systems.
She is also proposing additional federal spending on Pell Grants to help low-income students meet other non-tuition costs; additional aid for black colleges; and more money for states that increase enrollment and graduation rates for people of color.
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