Apr 10, 2017

Kochs run new ad attacking Ryan's border adjustment tax

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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Coronavirus cases rise, as more Americans on cruise confirmed ill

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's NHC; Note: China refers to mainland China and the Diamond Princess is the cruise ship offshore Yokohama, Japan. Map: Danielle Alberti/Axios

A U.S. public health official confirms more than 40 Americans on the Diamond Princess cruise ship off Japan have coronavirus, while the remaining U.S. citizens without symptoms are being evacuated.

The big picture: COVID-19 has now killed at least 1,770 people and infected almost 70,000 others. Most cases and all but five of the deaths have occurred in mainland China. Taiwan confirmed its first death on Sunday, per multiple reports, in a 61-year-old man with underlying health conditions. Health officials were investigating how he became ill.

Go deeperArrowUpdated 2 hours ago - Health

Scoop: Inside the Trump campaign's big hedge on Facebook

Illustration: Eniola Odetunde/Axios

The Trump campaign has invested most of its advertising budget to date on Facebook, testing thousands of versions of ads per day to maximize its spending.

But behind the scenes, a source familiar with the campaign tells Axios, the thinking has shifted: "As everyone can see, we still have strong spending on Facebook, but the percentage of our total media budget [on Facebook] is shrinking."

Trump's revenge tour has the House in its sights

Illustration: Aïda Amer/Axios. Photo: Saul Loeb/Getty Contributor

In the lead-up to the 2018 midterm elections — buoyed by Republican control of both chambers — President Trump viewed campaigning for the House as a lower-tier priority and instead poured his energy into rallying for the Senate.

But after the GOP reckoning in 2018, and experiencing firsthand how damaging a Democratic-led House has been to him, Trump is now personally invested in helping Republicans regain the majority in November, several people familiar with his thinking tell Axios.