Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios Political and White House Editor Margaret Talev (R), and Rep. Gwen Moore (D-Wis.) Photo: Axios

Rep. Gwen Moore (D-Wis.) wants to expand the Earned Income Tax Credit to help ease the economic burden the coronavirus pandemic has caused.

The big picture: A member of the House Ways and Means Committee, Moore said at an Axios virtual event on Tuesday that she wants the tax credit to reach "people who make $15 or $16 an hour and still can't make ends meet."

  • Moore said she wants students and family caretakers to qualify for the tax credit, so they can "have their work honored, respected and recognized as work."
  • "I think that will go a long way toward helping us stand up an economy that every American ought to be able to be engaged in," Moore said.

How it works: The Earned Income Tax Credit is designed to lower federal income taxes for low- or moderate-income workers and often results in a refund.

Go deeper

Dan Primack, author of Pro Rata
Updated Oct 15, 2020 - Economy & Business

McConnell says he will not put $1.8 trillion stimulus bill on Senate floor

Illustration: Aïda Amer/Axios

The stimulus negotiations are beginning to remind me of running on a treadmill — lots of effort, no forward motion.

Driving the news: Senate Majority Leader Mitch McConnell (R-Ky.) said Thursday that he would not put a potential $1.8 trillion+ deal struck by Democrats and the Trump administration on the Senate floor. "My members think half a trillion dollars, highly targeted is the best way to go," he said.

Updated 1 min ago - Politics & Policy

White House touts "progress" after Manchin, Schumer meet with Biden

Senate Majority Leader Chuck Schumer (left) and Sen. Joe Manchin at the U.S. Capitol in 2014. Photo: Win McNamee/Getty Images

Sen. Joe Manchin (D-W.Va.) and Senate Majority Leader Charles Schumer (D-N.Y.) huddled with President Biden on Sunday morning in Delaware for a "productive discussion" about a deal on Biden's soft infrastructure reconciliation bill, per a White House readout of the meeting.

The latest: "They continued to make progress, will have their staffs work on follow-ups from the meeting, and agreed to stay in close touch with each other and the wide range of members who have worked hard on these negotiations," per the White House.

7 mins ago - Axios on HBO

Rand Paul claims vindication in battle with Anthony Fauci

Sen. Rand Paul (R-Ky.) told Mike Allen in an interview for "Axios on HBO" that President Biden should fire Anthony Fauci "just for lack of judgment, if nothing else."

The big picture: Paul claims vindication in his dispute with Fauci, played out at heated Senate hearings, over the level of risk of U.S.-funded research in Wuhan, where COVID began.