Sep 7, 2017

Paul Ryan sets corp tax goal as "low-to-mid twenties"

Jacquelyn Martin / AP

Paul Ryan set his goal for the corporate tax rate to be lowered to "the mid-to-low twenties" as a part of his bid to pass comprehensive tax reform "this year." More from his conversation with the New York Times this morning as a part of its TimesTalks series at the Newseum:

  • Ryan believes wage growth and international competitiveness are inextricably tied, saying, "We keep businesses based in America, we keep manufacturing things in America…I think the thing that's holding us back from higher wage growth is a 3-percent growth economy."
  • When pressed on the need for tax reform as a second major hurricane is set to hit the United States, Ryan said, "Growth helps so many of these problems. Getting our country healthy economically is an incredibly important foundation to solve our problems."
  • On Trump's siding with Dems yesterday: "The president believes — and I completely understand this — we're still just in the beginning of the recovery from Harvey and Irma is just hitting us now…what the president didn't want to do is have some partisan fight in the middle of the response to all of this. He wanted to have a bipartisan response and not a food fight on the timing of the debt limit attached to this bill."
  • On DACA: "I think his call was right because he was respecting the Constitution, but what we wanted him to do — what we were asking him to do — was just give us time." Ryan wouldn't commit to putting the DREAM Act to a vote, instead stating he'd put "a consensus plan" on the floor that incorporated border security measures.
  • On Trump and white nationalism: "I really think he's disgusted by these people. From the conversations that we've had, I know he's disgusted by these people."

Go deeper

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

New Zealand now has only one novel coronavirus patient in hospital and just 22 active cases in the country, top health official Ashley Bloomfield confirmed at a briefing. He's "confident we have broken the chain of domestic transmission," with no new cases reported for most of May, he added.

By the numbers: Brazil on Monday recorded for the first time more deaths from the novel coronavirus in a single day than the United States, Reuters notes. Brazil reported 807 deaths from COVID-19 in the past 24 hours, compared to 620 in the U.S. for the same period.

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 10:30 p.m. ET: 5,494,287 — Total deaths: 346,229 — Total recoveries — 2,31,722Map.
  2. U.S.: Total confirmed cases as of 10:30 p.m. ET: 1,662,302 — Total deaths: 98,218 — Total recoveries: 379,157 — Total tested: 14,604,942Map.
  3. World: Italy reports lowest number of new cases since February — Ireland reports no new coronavirus deaths on Monday for the first time since March 21 — WHO suspends trial of hydroxychloroquine over safety concerns.
  4. 2020: Trump threatens to move Republican convention from North Carolina — Joe Biden makes first public appearance in two months.
  5. Public health: Officials are urging Americans to wear masks over Memorial Day.
  6. Economy: New York stock exchange to reopen its floor on Tuesday — White House economic adviser Kevin Hassett says it's possible the unemployment rate could still be in double digits by November's election — Charities refocus their efforts to fill gaps left by government.
  7. What should I do? Hydroxychloroquine questions answeredTraveling, asthma, dishes, disinfectants and being contagiousMasks, lending books and self-isolatingExercise, laundry, what counts as soap — Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingHow to minimize your risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it, the right mask to wear.

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Updated 44 mins ago - Politics & Policy

Pro-Hong Kong resolution at British university fails after Chinese student opposition

A protester waves the Hong Kong colonial flag during a July 2019 demonstration against the extradition law to China. Photo: Ivan Abreu/SOPA Images/LightRocket via Getty Images

A student resolution expressing support for the Hong Kong pro-democracy movement was voted down at the University of Warwick in England, after opposition from mainland Chinese students.

Why it matters: The charged politics of China's actions in Hong Kong are spilling over to university campuses thousands of miles away, raising questions for students and university administrators about how to protect democratic values.