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

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SurveyMonkey poll: Young voters' red-state blue wall

Data: SurveyMonkey; Chart: Danielle Alberti/Axios

There are only five states in the U.S. where voters younger than 35 embrace President Trump over Joe Biden, and none are swing states, according to new 50-state SurveyMonkey-Tableau data for Axios.

Why it matters: These scattered red spots in a sea of blue vividly illustrate Trump's peril if young people were to actually turn out this year. Put another way, Trump's path to re-election depends heavily on younger adults staying home.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Chris Christie: Wear a mask "or you may regret it — as I did" — Senate Democrats block vote on McConnell's targeted relief bill.
  2. Economy: Why the stimulus delay isn't a crisis (yet).
  3. Health: New York reports most cases since MayStudies show drop in death rate.
  4. Education: San Francisco public schools likely won't reopen before the end of the year.
  5. World: Spain becomes first nation in Western Europe to exceed 1 million cases — France becomes the second.
Updated 7 hours ago - Politics & Policy

U.S. officials: Iran and Russia aim to interfere in election

Iran and Russia have obtained voter registration information that can be used to undermine confidence in the U.S. election system, Director of National Intelligence John Ratcliffe announced at a press conference Wednesday evening.

Why it matters: The revelation comes roughly two weeks before Election Day. Ratcliffe said Iran has sent threatening emails to Democratic voters this week in states across the U.S. and spread videos claiming that people can vote more than once.