Moderate Democrats looking for their party to take back control of the U.S. House in November are offering an alternative to the economic populism message peddled by their more liberal counterparts.
A new blueprint from the center-left New Democrat Coalition, shared exclusively with CNBC, lays out a road map for addressing affordability — top on voters’ minds — without splashy populist promises.
“Buzzy sounds good in a sound bite, but you often end up with unintended consequences or unworkable solutions,” New Democrat Coalition Chair Rep. Brad Schneider, D-Ill., said in an interview. “We’re hearing people saying they are frustrated with the bombast, but also the hollow promises, and they want to see their government coming up with thoughtful solutions.”
The new plan underscores a tug-of-war within the Democratic Party over its economic message ahead of the pivotal November elections, which could return the party to power after President Donald Trump and his Republicans swept the 2024 elections. And with Trump’s polling on the economy plummeting, picking a winning strategy could be the difference between making the president a lame duck and spending two more years in the political wilderness.
