The key quote from House Freedom Caucus Chairman Mark Meadows on Morning Joe: "In terms of lines in the sand, we've got to be very, very aggressive in our corporate rates. So if we're looking at a corporate rate of 25%, that's a non-starter for most of us."

Context from Axios' Jonathan Swan:

More from Swan: Most tax veterans believe they'll be lucky to get to 25%. There are not enough revenue sources to get anywhere near the Freedom Caucus' desired 16% rate. The current rate is 34-35%.

Go deeper: The Freedom Caucus tax plan | How tax rates have changed since the 1940s

Go deeper

Scoop: Don Jr. plans convention-week Biden book

Cover via Don Jr.

Donald Trump Jr., in quarantine since girlfriend Kimberly Guilfoyle tested positive for the coronavirus, says he's used the time to finish a book that he'll self-publish the week of the Republican convention, at the end of August.

What he's saying: Don Jr., whose controversial blasts connect with President Trump's base, told me in a phone interview that "Liberal Privilege" will be his effort to paint a picture of Joe Biden and his record that the press ignores.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 12 p.m. ET: 12,553,591 — Total deaths: 561,038 — Total recoveries — 6,909,209Map.
  2. U.S.: Total confirmed cases as of 12 p.m. ET: 3,188,982 — Total deaths: 134,130 — Total recoveries: 983,185 — Total tested: 38,856,341Map.
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Romney calls Stone commutation "historic corruption"

Sen. Mitt Romney. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Sen. Mitt Romney (R-Utah) on Saturday tweeted a scathing response to President Trump's Friday night commutation of former associate Roger Stone's prison sentence, calling the move "[u]nprecedented, historic corruption."

Why it matters: Romney has emerged as the party's most prominent Trump critic. He sent shockwaves through Washington after announcing he would vote to convict Trump in the impeachment trial — becoming the only Senate Republican to break ranks and vote for the president's removal from office. Now he is the first major GOP lawmaker to condemn Trump's Friday night call regarding Stone.