Senate Republicans don't just have to write a "skinny repeal" bill that can get at least 50 Republicans. They also have to write one that meets their savings targets under budget "reconciliation" rules — and they're not there yet, as of this morning. The Congressional Budget Office estimates released yesterday suggest that the bill, at least as originally described, could be as much as $55 billion short of the savings target, according to Loren Adler, a budget expert at the Brookings Institution.

  • They need: $133 billion over 10 years in "on budget" savings
  • They have: $78 billion
  • At risk: Medical device tax repeal, possible addition of opioid treatment money

Why it matters: That's likely a major reason we haven't seen a bill yet, with the Senate "vote-a-rama" scheduled to start tonight. Two Senate GOP aides suggested that Republicans are still working on it, but that it won't be a major problem. One said the issues are "nothing that can't be easily tweaked." Another said simply: "We will hit the target."

Go deeper

Biden enters final stretch with huge cash advantage over Trump

Democratic presidential nominee Joe Biden in Wilmington, Delaware, on Monday. Photo: Drew Angerer/Getty Images

Democratic presidential nominee Joe Biden had $177.3 million in the bank at the end of September, per the latest Federal Election Commission filings.

Why it matters: President Trump's re-election campaign reported having $63.1 million in the bank at the end of last month.

Editor's note: This is a developing news story. Please check back for updates.

Court allows North Carolina mail-in ballots deadline extension

An absentee ballot election worker stuffs ballot applications at the Mecklenburg County Board of Elections office in Charlotte, North Carolina, in September. Photo: Logan Cyrus/AFP via Getty Images

North Carolina can accept absentee ballots that are postmarked Nov. 3 on Election Day until Nov. 12, a federal appeals court decided Tuesday in a 12-3 majority ruling.

Why it matters: The 4th Circuit Court of Appeals' ruling against state and national Republican leaders settles a lawsuit brought by a group representing retirees, and it could see scores of additional votes counted in the key battleground state.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting — McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.

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