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The GOP tax plan will likely punt the tough decisions for now. Photo: Alex Brandon/AP

The tax plan being presented to GOP members over the next couple of days — as soon as this afternoon to senators — isn't likely to include tough policy decisions about revenue raisers, multiple sources say. "All of the goodies and none of the vegetables," said one well-connected GOP lobbyist.

Between the lines: Although there's disagreement about how much individual and corporate tax rates should be lowered, almost every Republican is going to be happy with tax cuts and lower rates. The painful decisions come in when members are forced to decide about revenue-raising policies — for example, whether to eliminate or reduce the state and local tax deduction, which Bloomberg reported this morning is already hitting blue-state Republican resistance.

What to watch: The tax plan was expected to come up, but there is the possibility that Republican senators will spend the entire lunch talking about health care, delaying any tax discussion.

What to expect: Likely some general discussion about how to raise revenue, but nothing very specific.

Go deeper: Axios's Jonathan Swan reported this morning more details about what is expected to be in the plan.

Go deeper

Fintech's record year

Illustration: Annelise Capossela/Axios

Massive venture rounds into fintech companies have ballooned this year, pushing up total dollars invested — in just the first three quarters of 2021 — to nearly double the amount in all of 2020, per new PitchBook data.

Why it matters: The maturing of fintech startups means a growing number of companies are able to raise huge later-stage funding rounds as investors look to lock-in their bets.

Ben Geman, author of Generate
1 hour ago - Energy & Environment

Democrats' clean power outlook is very muddy

Illustration: Annelise Capossela/Axios

Here are two big questions as a key Democratic proposal to slash emissions from power generation flounders: how much its demise would sap climate protections, and what might replace it.

Catch up fast: New financial carrots and sticks for utilities to deploy zero-carbon power — the Clean Electricity Performance Program (CEPP) — look unlikely to stay in Democrats' big social spending and climate bill.

2 hours ago - Health

CDC: Unvaccinated are over 11 times more likely to die from COVID

Expand chart
Reproduced from CDC; Note: Data represents 30% of Americans across 16 jurisdictions: Alabama, Arizona, Arkansas, Colorado, Connecticut, Florida, Georgia, Idaho, Louisiana, Massachusetts, Michigan, Nebraska, New Mexico, New York City, Seattle/King County, Wash., Utah and Wisconsin; Chart: Danielle Alberti/Axios

The CDC recently published data evaluating Americans' rate of coronavirus cases and deaths by vaccine status, providing more data on which vaccines are working best and how much protection they offer relative to being unvaccinated.

What they found: As of August, unvaccinated people had a more than six times higher risk of testing positive for the coronavirus, and were more than 11 times more likely to die from the virus.