Delaney has introduced a three-part
“Living Wage Plan,” which would nearly double the Earned Income Tax Credit, raise the minimum wage to $15 an hour and index it to inflation, and establish an eight-week paid family leave program. To pay for it, he proposes rolling back Trump’s 2017 tax cuts as well as raising the capital gains rate for high earners. He also proposes taxing corporate investment in automation that displaces workers. As a congressman, Delaney was among the Democrats who supported the Trans-Pacific Partnership, an 11-nation trade deal negotiated under Obama that Trump withdrew from in one of his first acts as President. That agreement, which has gone ahead without the US, was designed in part to counter Chinese influence. Delaney has said he opposes Trump’s tariff-centric approach to negotiating trade with China, which Delaney argues is harming rural America.
More on Delaney’s economic policy