Dec 19, 2017

Axios PM

By Mike Allen
Mike Allen
1 big thing: Republicans get their tax cuts

Tax reform passed the House of Representatives today, getting one step closer to President Trump's desk.

Why it matters: This is a huge legislative win for Republicans after a tough 2017 that included multiple failed efforts to repeal and replace the Affordable Care Act.

Quick hits from the NYT:

  • Paul Ryan "called the vote 'a turning point' saying 'this is our chance, this is our moment.' When the bill passed the House, a giddy Mr. Ryan smiled broadly and banged the gavel with force as he declared victory."
  • "Passage of the bill came over the strenuous objections of Democrats... Twelve House Republicans also voted no on the bill, including lawmakers from high-tax states like New York, New Jersey and California."
  • "Republicans in Congress moved with remarkable speed to enact the biggest tax overhaul since 1986, unveiling legislation to rewrite the tax code, marshaling support for their effort and devising a compromise between the House and Senate in under two months."

What's next: The Senate, where it's expected to pass even without the vote of Sen. John McCain, who's back in Arizona recovering from his latest round of chemo. (And a second vote in the House tomorrow because of procedural hiccup.)

2. What you missed
  1. There are "technical links to previously identified North Korean cyber tools" that helped the U.S. trace the origin of the WannaCry ransomware attack, the White House says. Details.
  2. Trend watch: The use of wearable devices in China is set to overtake the U.S. market this year. Numbers.
  3. Atlanta intrigue: Amazon has registered a lobbyist in Georgia. It's still searching for the home of its second headquarters.
  4. Facebook is rolling out new tools that will prevent people from harassing other users that are particularly prone to harassment, such as women and journalists. More.
  5. Research that involves modifying certain diseases to make them more deadly will again be funded by the U.S. government. Read up.
  6. Trump v. Obama deportation numbers, the latest Axios video. Watch.
3. 1 thing to watch

Sen. Pat Leahy (D-Vt.) said in a statement that he regrets calling on Sen. Al Franken to resign over sexual misconduct allegations;

"I have stood for due process throughout my years as a prosecutor and in chairing the Judiciary Committee... I regret not doing that this time."

Mike Allen