Americans for Prosperity / AP

Americans for Prosperity, the biggest group within the Koch brothers' network, is up Tuesday with a new ad urging members of Congress to oppose the border adjustment tax (BAT).

AFP is spending six-figures on the cable TV buy, which runs nationwide for a week and tells consumers they'll see higher prices if the BAT comes in. The ad follows a report the Koch network produced last week predicting disaster for state economies.

Why this matters: House Republican leaders — chiefly Paul Ryan and Kevin Brady, who heads the tax-writing committee — view the hike on imports as a crucial part of their tax plan. They say they need the $1.2 trillion in expected new revenue over 10 years to pay for cuts to corporate and individual tax rates. But they're facing forbidding headwinds: a Republican Senate that's almost universally hostile to the idea and well-funded outside groups like Americans for Prosperity prepared to spend big against it.

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Updated 48 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting — McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.

Trump threatens to post "60 Minutes" interview early after reportedly walking out

Trump speaks to reporters aboard Air Force One, Oct. 19. Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted on Tuesday that he was considering posting his interview with CBS' "60 Minutes" prior to airtime in order to show "what a FAKE and BIASED interview" it was, following reports that he abruptly ended the interview after 45 minutes of taping.

Why it matters: Trump has escalated his war on the media in the final stretch of his re-election campaign, calling a Reuters reporter a "criminal" this week for not reporting on corruption allegations about Hunter Biden and disparaging CNN as "dumb b*stards" for the network's ongoing coronavirus coverage.

2 hours ago - Politics & Policy

McConnell urges White House not to strike stimulus deal before election

Senate Majority Leader Mitch McConnell. Photo: Stefani Reynolds/Getty Images

Senate Majority Leader Mitch McConnell (R-Ky.) has urged White House negotiators not to cut a deal with Democrats on new coronavirus stimulus before the election.

Driving the news: McConnell informed Senate Republicans of the move at a closed-door lunch on Tuesday, two people familiar with his remarks tell Axios. McConnell's remarks were first reported by the Washington Post.

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