The House tax bill meets budget requirements, according to JCT. Photo: J. Scott Applewhite/AP

The latest version of the House tax bill, passed by the Ways and Means Committee this afternoon, meets Senate deficit requirements, according to a Joint Committee on Taxation report provided by a committee aide. The bill adds about $1.457 trillion to the deficit over the next decade, just shy of the $1.5 trillion limit.

What we're watching: How the Senate will pay for its version of the tax bill, and then which revenue raisers make it into a bill that can ultimately pass both chambers.

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Trump says he doesn't know who Proud Boys are after telling them to "stand by"

President Trump told reporters on Wednesday that he doesn't know who the "Proud Boys" are, after saying at the presidential debate last night that the far-right group should "stand back and stand by" in response to a question asking him to condemn white supremacists.

Why it matters: The comments set off outrage and calls for clarification from a number of Republican senators. After being asked several times on Wednesday whether he will condemn white supremacy, Trump responded: "I have always denounced any form — any form of any of that, you have to denounce. But I also — Joe Biden has to say something about antifa."

Updated 23 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2:30 p.m. ET: 33,785,178 — Total deaths: 1,010,147 — Total recoveries: 23,448,934Map.
  2. U.S.: Total confirmed cases as of 2:30 p.m. ET: 7,210,067 — Total deaths: 206,494 — Total recoveries: 2,813,305 — Total tests: 103,155,189Map.
  3. Health: The coronavirus' alarming impact on the body.
  4. Business: Real-time data show economy's rebound slowing but still going.
  5. Sports: Steelers-Titans NFL game delayed after coronavirus outbreak.
Updated 35 mins ago - Politics & Policy

Tim Scott says Trump "misspoke" when he told Proud Boys to "stand by"

Photo: Bonnie Cash/Pool/AFP via Getty Images

Sen. Tim Scott (R-S.C.) told reporters on Wednesday that he believes President Trump "misspoke" when he told the far-right "Proud Boys" group to "stand back and stand by" in response to a question about condemning white supremacy at the first presidential debate.

Catch up quick: Moderator Chris Wallace asked Trump on Tuesday, "Are you willing, tonight, to condemn white supremacists and militia groups and to say that they need to stand down?" Trump asked who specifically he should condemn, and then responded, "Proud Boys, stand back and stand by. But I'll tell you what, somebody's got to do something about antifa and the left."