May 23, 2017

Mnuchin to Freedom Caucus: Trump opposes border adjustment tax

Cliff Owen / AP

Treasury Secretary Steven Mnuchin met Tuesday with Freedom Caucus members and other House conservatives in the basement of the Capitol, and told them he opposes Paul Ryan's proposed border adjustment tax — and so does President Trump.

Two sources with direct knowledge say Mnuchin was definitive in opposing the tax, which the Freedom Caucus overwhelmingly opposes, and more pointed in his opposition than he'd been in public statements. One source said Mnuchin encouraged members to talk to Ryan about the tax. When asked about the conversation, a Treasury official said Mnuchin's private position on the border adjustment tax reflected his public stance.

A third source, Freedom Caucus chairman Mark Meadows, told me this a few hours after the meeting: "Secretary Mnuchin gave great insight into the thinking of the administration on tax reform. We are well served by his leadership. It became apparent that there is a growing consensus in the administration that we must act soon to advance tax reform and BAT [the border adjustment tax] is seen as a major impediment."

Why it matters: The tax on imports was a core facet of the Republican tax plan pushed by Ryan, designed to offset revenue lost through tax cuts. Many Congressional Republicans are already deeply skeptical, and without support from the administration it's dead on arrival.

Behind-the-scenes: Some administration officials are unhappy House GOP leadership continues to push for a policy that neither Mnuchin nor Trump will support.

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Mass shooting in Milwaukee: What we know so far

Milwaukee Mayor Tom Barrett in 2012. Photo: John Gress/Corbis via Getty Images

Six people died in a shooting at the Milwaukee Molson Coors brewery complex on Wednesday, including the shooter, Mayor Tom Barrett told reporters at an evening press conference with local police.

What's happening: Police said "there is no active threat" just before 6 pm ET, but noted the scene remains active. Police chief Alfonso Morales told reporters that officers have "more than 20 buildings we have to secure" at the complex and they do not currently have all employees accounted for, as more than 1,000 were at the complex during the shooting.

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Live updates: CDC confirms possible community spread of coronavirus

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

U.S. clinicians have found the novel coronavirus in a person who did not recently return from a foreign country nor have contact with a confirmed case, the CDC said Tuesday.

The big picture: COVID-19 has killed more than 2,700 people and infected over 81,000 others. By Wednesday morning, South Korea had the most cases outside China, with 1,261 infections. Europe's biggest outbreak is in Italy, where 374 cases have been confirmed.

Go deeperArrowUpdated 33 mins ago - Health

Trump assigns Pence to lead U.S. coronavirus response

Photo: ANDREW CABALLERO-REYNOLDS/AFP via Getty Images

President Trump announced at a press briefing Wednesday evening that he'll be putting Vice President Mike Pence in charge of leading the administration's response to the coronavirus.

The big picture: In the wake of a market sell-off and warnings from health officials that there's a real threat of the coronavirus spreading in the U.S., Trump sought to reassure the nation and Wall Street that the U.S. is "ready" for whatever comes next.

Go deeperArrowUpdated 2 hours ago - Politics & Policy