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Sen. Bob Corker is still working on a "trigger" deal. Photo: Carolyn Kaster/AP

Republicans are still upset over the "unflattering" Congressional Budget Office estimate of their health care plan, which inspired them not to trust either of the major tax analyses that estimated at least $1 trillion would be added to the deficit, per NYT.

Why it matters: One of the most controversial aspects of the GOP tax plan has been how much it would cost. That issue didn't go away when Republicans passed their plan in the Senate last night. And Republicans don't have a plan to create enough revenue to offset the cost of their tax plan.

Various lawmakers (including Republican Sen. Bob Corker who voted against the plan), Goldman Sachs and Janet Yellen, the Federal Reserve Chair, have all separately warned that adding even close to this much to our national deficit would increase it to "unsustainable" levels.

What they're saying, per NYT: "But many of [Corker's] colleagues greeted them with distrust, both because they expected tax cuts to generate more robust economic growth than the forecasters projected and because they felt burned by unflattering analyses of their health care proposals issued this year by the Congressional Budget Office."

By the numbers: Republicans initially estimated the GOP tax plan would increase the U.S. deficit by $1.5 trillion, and a Joint Committee on Taxation estimate calculated it would realistically add $1 trillion. A Congressional Budget Office estimate said it would add $1.4 trillion.

Go deeper: What's next in the GOP's tax reform push.

Go deeper

Kaine, Collins' censure resolution seeks to bar Trump from holding office again

Sen. Tim Kaine (center) and Sen. Susan Collins (right). Photo: Andrew Harnik/Pool via Getty Images

Sens. Tim Kaine (D-Va.) and Susan Collins (R-Maine) are forging ahead with a draft proposal to censure former President Trump, and are considering introducing the resolution on the Senate floor next week.

Why it matters: Senators are looking for a way to condemn Trump on the record as it becomes increasingly unlikely Democrats will obtain the 17 Republican votes needed to gain a conviction, Axios Alayna Treene writes. "I think it’s important for the Senate's leadership to understand that there are alternatives," Kaine told CNN on Wednesday.

Stark reminder for America's corporate leaders

Rosalind "Roz" Brewer is about to become only the second Black woman to permanently lead a Fortune 500 company. She starts as Walgreens CEO on March 15.

Why it matters: It's a stark reminder of how far corporate America's top decision-makers have to go during an unprecedented push by politicians, employees and even a stock exchange to diversify their top ranks.

Ina Fried, author of Login
Updated 3 hours ago - Technology

Apple's quarterly sales top $100 billion for first time

Credit: Apple

Spurred by strong sales of the latest iPhones, Apple reported it took in a record $111 billion in revenue for the three months ended Dec. 31, as the company crushed expectations.

Why it matters: The move showed even a pandemic didn't dull demand for Apple's latest smartphones.