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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

Tina Reed, author of Vitals
14 mins ago - Health

Experts predict an easier COVID winter this year

Illustration: Annelise Capossela/Axios

This winter probably won't bring another crushing COVID wave, experts say.

Why it matters: Last winter was the deadliest phase of the pandemic, and many Americans are braced for cold weather to once again usher in a surge in cases and deaths. But there are good reasons to think this year won't be nearly as bad.

Not enough votes for corporate tax hike, Biden says

President Biden speaks at the Electric City Trolley Museum in Scranton, Pennsylvania. Photo: Hannah Beier/Bloomberg via Getty Images

Democrats don't have the votes to raise corporate taxes, President Biden admitted at Thursday's CNN town hall in Baltimore, Maryland, where he went into detail on the state of negotiations concerning the massive reconciliation bill.

Why it matters: Democrats are still negotiating what will go into the bill. Divisions within the party have stalled the legislation for weeks.

Biden signals openness to ending filibuster for voting rights legislation

President Biden participates in a CNN town hall at Baltimore Center Stage in Baltimore, Maryland on Oct. 21, 2021. Photo: Nicholas Kamm/AFP via Getty Images

President Biden said Thursday at a CNN town hall he'd be willing to consider doing away with the filibuster in the Senate in a bid to protect voting rights and "and maybe more."

Why it matters: With an evenly split Senate, legislation requires at least 10 Republican votes making it highly unlikely any new voting rights bill would pass with the filibuster in tact.