Sen. Susan Collins, R-Maine, makes her way through a crush of reporters. Photo: J. Scott Applewhite

Sen. Susan Collins laid out some demands before getting behind the Senate version of the GOP tax plan, but those might not be met after all that wrangling, setting up a potential pitfall for the tax plan's ultimate passage. In particular, she wanted two bills passed that would help stabilize the health insurance market.

The potential hiccups in Collins’ plan: Majority Leader Mitch McConnell has only publicly said he is “supporting passage” of them, which is no guarantee, and House Speaker Paul Ryan has been mum on whether he would tack on the bills Collins wants into spending agreements, per Politico.

Why it matters: If Sen. Collins won't support the bill, that raises the stakes for other senators who might be on the fence over final negotiations and increases the likelihood the bill fails. Sen. Bob Corker remains on the fence over his concerns about the deficit.

Bottom line: The GOP only has room for three defections in the Senate before VP Pence has to be brought in to break a tie vote.

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Breaking down the Tesla obsession

Illustration: Sarah Grillo/Axios

Tesla is the company of the moment — the prime exemplar of just about any big and important trend that you might care about.

Why it matters: Almost every reader of finance and business news will have at least one strongly-held opinion about Tesla. What you might not realize is just how widely those opinions range, and the degree to which they map onto much broader views of the world.

Gallup: Party preference swings dramatically in favor of Democrats

Photo: Jim Watson/AFP via Getty Images

Americans' political party preferences have swung sharply from a 2-point Republican advantage in January to an 11-point Democratic advantage in July, according to Gallup's monthly averages of telephone polls in 2020.

The big picture: The dramatic shift is more a product of fewer people identifying as Republican or Republican-leaning (down 8% since January) than gains among those who identify as Democratic or Democratic-leaning (up 5%).

Nancy Pelosi: "I yearn for other Republican presidents"

House Speaker Nancy Pelosi (D-Calif.) called on President Trump Thursday to exercise "the full power" of the Defense Production Act to meet coronavirus equipment needs and accused him of engaging in a "massive dereliction of duty" by ignoring science during the pandemic.

What she's saying: "I yearn for other Republican presidents," Pelosi said at a press conference. "While we may have disagreed on many points, but at least we had a shared commitment to the governance of our country."