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Senate Majority Whip Sen. John Cornyn, R-Texas, left, speaks. Photo: Alex Brandon / AP

Republican lawmakers have come to an agreement over the tax overhaul package they plan to send to Trump next week, according to two GOP sources familiar with the negotiations. This comes just in time for Trump's speech later today where he will argue on behalf of changing the tax code.

A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.

Why it matters: There were some controversial differences between the House and Senate versions of the tax plan that had previously left some senators on the fence about pushing a final plan through for passage. Roy Moore losing on Tuesday may have provided inspiration to hurry up and pass a deal.

Up next:

  • Trump has lunch with some conferees working on the tax plan, and then will deliver remarks on taxes at 3pm.
  • An open meeting between the Senate and House conferees this afternoon where they were to iron out differences in their plans.

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Go deeper

Mike Allen, author of AM
34 mins ago - Politics & Policy

GOP senator calls for senility test for aging leaders

Photo: "Axios on HBO"

Sen. Bill Cassidy (R-La.), a physician, told me during an "Axios on HBO" interview that he favors cognition tests for aging leaders of all three branches of government.

Why it matters: Wisdom comes with age. But science also shows that we lose something. And much of the world is now run by old people — including President Biden, 78 ... Speaker Pelosi, 81 ...  Senate Majority Leader Chuck Schumer, 70 ... and Senate Minority Leader Mitch McConnell, 79.

Ina Fried, author of Login
44 mins ago - Technology

Intel CEO blames predecessors for manufacturing woes

Axios on HBO

When it comes to Intel's recent manufacturing problems, Intel CEO Pat Gelsinger places the blame squarely on his predecessors — many of whom he notes were not engineers deeply steeped in chip technology, as he is.

Why it matters: Gelsinger has announced a broad plan to reinvigorate Intel by doubling down on manufacturing. However, the strategy depends on the venerable semiconductor giant recovering from recent stumbles.

Marketing to Generation Alpha

Illustration: Rae Cook/Axios

Marketers are pouring money into figuring out the tastes and habits of Generation Alpha — kids born from 2010 through 2024 — who are unprecedented in the extent they're growing up online.

Why it matters: They're weaned on TikTok, Amazon and in-app purchases. They're learning from their millennial parents to hold brands accountable for causes like social justice and sustainability. And no prior age cohort will be as large in size or marketing power.