Today in the Morning Line:
- Obama unveils tax increases on wealthy, credits for the middle class
- It’s the latest round of economic populism from this president
- Here’s everything else he’s proposed over the last two weeks ahead of the State of the Union
Obama’s first salvo in tax reform negotiations: President Obama rolled out his latest State of the Union policy plank Saturday night, and it was a big one — proposing a populist tax plan that would give breaks for working, married couples and child-care tax credits by increasing taxes and fees on the wealthy and Wall Street banks. Expect this to be a central theme of Tuesday’s State of the Union address. Even if Congress doesn’t act, it’s something the White House is betting is the kind of economic populism Democrats can run on in 2016.
How the plan would work:
What the funds would be used for:
What it would cost: David Nather at Politico reports the plan would cost $175 billion over 10 years, but the White House says it would be more than paid for with the capital gains taxes and bank fees raising $320 billion over that same period. All of the proposals and numbers will be fleshed out Feb. 2 when the White House submits its budget to Congress.
What else has the president proposed in the last two weeks?
Jan. 7 — Jobs/Economy/auto industry. Ford plant in Wayne, Mich., near Detroit: Obama touted his economic record and success of the auto bailout.
Jan. 8 — Affordable Housing. Central High School in Phoenix, Ariz.
Jan. 9 — Free Community College. Pellissippi State Community College in Knoxville, Tenn.
Jan. 12 — Identity Theft/Consumer Protection Online. Federal Trade Commission, Washington, D.C. (Same day CentCom’s Twitter feed was hacked.)
Jan. 13 — Cybersecurity. National Cybersecurity and Communications Integration Center. (Biden speech on same theme Jan. 15 in Norfolk, Va.)
Jan. 14 — Net Neutrality and Expanding Internet Access. Cedar Falls Utility, Cedar Falls, Iowa.
Jan. 15 — Paid Sick Leave. Roundtable with women at Charmington’s, a cafe in Baltimore.
Daily Presidential Trivia:
On this day in 1955, President Dwight Eisenhower held the first ever filmed presidential news conference. Which president held the first live news conference? Be the first to tweet us the correct answer using #PoliticsTrivia and you’ll get a Morning Line shout-out. Congratulations to Rich Polanski (@ao2666) and roy wait (@ind22rxw) for guessing Thursday’s trivia: Who was sent to negotiate the peace terms with the North Vietnamese? The answer: Henry Kissinger.
A new CBS News poll shows Mitt Romney and Jeb Bush far in front in terms of who Republicans want to run in 2016.
Another hat moves toward the ring. South Carolina Republican Sen. Lindsey Graham is setting up a “testing-the-waters committee,” he told NBC’s “Meet the Press.”
Asked how Republicans can attract more young people, Ted Cruz said his party should tell more jokes and lighten up.
The Washington Post’s Dan Balz muses about how Scott Walker doesn’t light up a room.
The Economist has posted a kind of guide to what Chris Christie has been doing, and why New Jersey may see him very differently than the rest of the country.
The New Yorker’s Alec MacGillis writes how former Florida Gov. Jeb Bush differs from his brother and his father: “Jeb is more introverted and more ideological than both his father, George H. W. Bush, whose politics are driven more by personal associations than by doctrine, and his brother, whose conservatism is more instinctual than considered.”
On the eve of his State of the Union address, the president’s approval rating stands at 50 percent in the latest Washington Post/ABC News poll.
The Secret Service reported that gunshots were fired from a car driving by Vice President Joe Biden’s home in Delaware Sunday night. The vice president and his wife were not home at the time.
A newly released document reveals that the National Security Agency broke into North Korea’s computer networks long before the hacking of Sony Pictures.
ICYMI: Highlights of President Obama’s plan to tax the wealthy, cut taxes for some others.
On Friday the Supreme Court announced it will consider whether all 50 states must allow same-sex marriage this term. NewsHour’s Judy Woodruff spoke with Marcia Coyle of The National Law Journal about the announcement and the significance of the court taking up gay marriage.
Republicans could gain some political cover if the court were to rule in favor of same-sex marriage.
For State of the Union watchers: here’s the White House list for who will be sitting in the First Lady’s box (and could well be mentioned in the speech).
Forget Keystone and oil for a minute. In Montana, the debate over logging and federal lands is raging.
A group of female House Republicans, led by Rep. Renee Ellmers, is pushing for GOP leadership to change a 20-week abortion bill that would limit exemptions in the case of rape only to those who had reported their assault to police.
Billionaire Tom Steyer, who could announce a bid for retiring Sen. Barbara Boxer’s seat as early as next week, is telling supporters he won’t serve more than one term if he can’t achieve what he wants to on the environment, economy and education.
Democrats will only have to defend 10 senate seats next election cycle, and Republicans have to protect a good number of senators in Obama-won states. The Washington Post lays out which states will have the most competitive senate races, as of now.
Those Ebola treatment centers the U.S. built in Liberia? Most of them are empty.
New York Gov. Andrew Cuomo wants to raise the minimum wage in New York City to $11.50 and to $10.50 in the rest of the state.
On this Martin Luther King Day, Pew shows how blacks and whites perceive (and experience) the world differently.
— Gwen Moore (@RepGwenMoore) January 18, 2015
— Kelly Ayotte (@KellyAyotte) January 19, 2015
— Scott Walker (@ScottWalker) January 18, 2015
For more political coverage, visit our politics page.
Sign up here to receive the Morning Line in your inbox every morning.
Questions or comments? Email Domenico Montanaro at dmontanaro-at-newshour-dot-org or Rachel Wellford at rwellford-at-newshour-dot-org.
Follow the politics team on Twitter: