For a candidate who was supposed to be the voice of moderation in the race for the Democratic presidential nomination, Joe Biden spends a lot of time proposing a surge in federal taxes and spending. Recent polling suggests that voters may still be looking for a genuine moderate. This week the former vice president proposed his latest gut punch to taxpayers—the creation of a new government insurance plan known as a “public option.” His campaign is projecting a cost of $750 billion over a decade and his website suggests he plans...

Source: Wall Street Journal July 16, 2019 21:00 UTC