Apr 20, 2017

GOP tax reform hearing postponed

Susan Walsh / AP

The House Ways and Means Committee planned to kick off its tax reform hearings next week, but staff were told today that a hearing planned for Thursday would be postponed.

The hearing was to be on the border adjustment tax — the centerpiece of the House tax plan, which would raise about $1 trillion over 10 years by hiking taxes on imports (this was all done privately, the hearing schedule was never made public).

Between the lines: Instead of focusing intensely on tax reform, the tax-writing committee will spend more of its time next week discussing healthcare, as President Trump continues to pressure incredulous House leaders to push a bill that doesn't even exist yet. With the focus on Trumpcare 2.0, Ways and Means' Tuesday evening meeting will be used to update members on healthcare first and foremost, followed by appropriations and tax reform.

Go deeper

Centrist Democrats beseech 2020 candidates: "Stand up to Bernie" or Trump wins

Bernie Sanders rallies in Las Vegas, Nevada on Feb. 21. Photo: Mario Tama/Getty Images

Center-left think tank Third Way urgently called on the Democratic front-runners of the 2020 presidential election to challenge Sen. Bernie Sanders on the South Carolina debate stage on Feb. 25, in a memo provided to Axios' Mike Allen on Saturday.

What they're saying: "At the Las Vegas debate ... you declined to really challenge Senator Sanders. If you repeat this strategy at the South Carolina debate this week, you could hand the nomination to Sanders, likely dooming the Democratic Party — and the nation — to Trump and sweeping down-ballot Republican victories in November."

Situational awareness

Warren Buffett. Photo: Daniel Zuchnik/WireImage

Catch up on today's biggest news:

  1. Warren Buffett releases annual letter, reassures investors about future of Berkshire Hathaway
  2. Greyhound bars immigration sweeps
  3. U.S. military officially stops offensive operations in Afghanistan
  4. America's future looks a lot like Nevada
  5. Centrist Democrats beseech 2020 candidates: "Stand up to Bernie" or Trump wins

America's future looks a lot like Nevada

Illustration: Sarah Grillo/Axios

Today's Nevada caucus will foreshadow the future of American politics well beyond 2020.

Why it matters: The U.S. is in the midst of a demographic transformation, and the country's future looks a lot like Nevada's present. Today's results, in addition to shaping the 2020 race, will help tell us where politics is headed in a rapidly changing country.