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White House Economic Advisor Gary Cohn and Press Secretary Sarah Sanders delivered a press briefing on Thursday. Photo: AP

White House financial advisor Gary Cohn dodged reporters' questions Thursday about whether the new GOP tax cuts would benefit Trump and his family, instead saying "I think what the American people are concerned about their own financial position."

More from Cohn on tax cuts:

  • "Our plan is based on lowering rates and expanding the base. It's very simple if you think of what we're doing."
  • Tax deductions: "People don't buy homes because of the mortgage deduction."
  • A "typical family" with $100k income and two children can expect $1k in tax cuts under this framework.
  • "Don't look at any one piece. Look at the plan in its entirety."
  • On 20% corporate tax rate: "If they want to counter on something lower, we're very open."

Homeland Security Advisor Tom Bossert:

  • On reports that the federal response to Puerto Rico has been slow: "The coverage is giving the appearance that we're not moving fast-enough," but said in reality the media is just behind in showing their response.
  • On Jones Act: Bossert said there were plenty of US-flag ships to deliver relief to Puerto Rico, so waiving the Jones Act wasn't necessary, rather Trump did it proactively. He added that complaints of the government not waiving it sooner are "unfounded."
  • Bring power back to Puerto: Bossert says Army Corps engineers took charge of restoring power in Puerto Rico yesterday.

Press Secretary Sarah Sanders:

  • Message for Puerto Rico: "We are praying for you. We are working for you. We will not let you down."
  • On Tom Price's private jet use: "As the president said yesterday, he's not thrilled." Added that the WH is conducting an internal inspection and general review of his charter flights.
  • Have Jared or Ivanka taken a private jet since entering the WH? "I'm not sure about those two specific individuals."
  • On Roy Moore's controversial remarks: "We don't agree with those comments."
  • Trump vs. NFL: Trump's "not going to back away" from this. When told that many NFL players are still upset, Sanders replied, "So are many Americans. There are far more Americans than there are NFL players."

Go deeper

2 hours ago - Health

U.S. surpasses 25 million COVID cases

A mass COVID-19 vaccination site at Dodger Stadium on Jan. 22 in Los Angeles, California. Photo: Mario Tama/Getty Images

The U.S has confirmed more than 25 million coronavirus cases, per Johns Hopkins data updated on Sunday.

The big picture: President Biden has said he expects the country's death toll to exceed 500,000 people by next month, as the rate of deaths due to the virus continues to escalate.

GOP implosion: Trump threats, payback

Spotted last week on a work van in Evansville, Ind. Photo: Sam Owens/The Evansville Courier & Press via Reuters

The GOP is getting torn apart by a spreading revolt against party leaders for failing to stand up for former President Trump and punish his critics.

Why it matters: Republican leaders suffered a nightmarish two months in Washington. Outside the nation’s capital, it's even worse.

Erica Pandey, author of @Work
6 hours ago - Economy & Business

The limits of Biden's plan to cancel student debt

Data: New York Fed Consumer Credit Panel/Equifax; Chart: Axios Visuals

There’s a growing consensus among Americans who want President Biden to cancel student debt — but addressing the ballooning debt burden is much more complicated than it seems.

Why it matters: Student debt is stopping millions of Americans from buying homes, buying cars and starting families. And the crisis is rapidly getting worse.