Oct 5, 2017

House approves GOP budget resolution

The House of Representatives passed a GOP budget resolution. Photo: J. Scott Applewhite / AP

The Republican-controlled House of Representatives approved a budget resolution today that gets the GOP one step closer to reconciliation and, they hope, to passing tax reform, per CNBC.

What's next: The Senate is expected to vote on Oct. 16, and the Senate Budget Committee is slated to approve a similar budget resolution later today. If both the House and the Senate reach an agreement and approve a final version, the GOP would be able to use budget “reconciliation” rules to pass a tax reform bill with a simple majority (only 51 Senate votes instead of the usual 60).

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Trump administration backs Oracle in Google fight

Photo illustration: Aïda Amer/Axios. Photo via The Washington Post.

The Trump administration is siding with Oracle in the database giant's dispute with Google before the Supreme Court — a move that comes as Oracle's founder hosts a high-dollar fundraiser for the president.

Why it matters: Billions of dollars — and, Google argues, the future of software innovation — are at stake as a long-running copyright dispute between the two giant companies heads to the Supreme Court next month.

Established VCs turn to "super angels" to grow their network

Illustration: Eniola Odetunde/Axios

Thanks to companies like AngelList and Carta that make it easier than ever to set up small VC funds, a new generation of so-called “super angels” is cropping up — and established venture funds are backing them.

Why it matters: Just like the boom in scout programs a number of years ago, it’s all about the deal flow.

Scoop: Top NSC official reassigned to Energy Department amid "Anonymous" fallout

Photo: Mark Wilson/Getty Images

Deputy national security adviser Victoria Coates will be reassigned as a senior adviser to Energy Secretary Dan Brouillette, the National Security Council said Thursday — and a senior White House official said that the administration "rejects" the rumors that she is "Anonymous."

Why it matters: Coates has battled claims that she is the still-unknown Trump administration official that penned a New York Times op-ed and book critical of President Trump.