Nov 27, 2017

Report: Tax reform might not produce that much growth

Sen. Bob Corker is worried about adding to the federal deficit. Photo: Pablo Martinez Monsivais/AP

The GOP tax bill will not produce enough economic growth to pay for itself, which will add to the federal deficit, according to a report by the Committee for a Responsible Federal Budget. The report analyzes a series of estimates by both right- and left-leaning groups.

Why this matters: The future of the tax bill likely hinges on whether Senate deficit hawks can get onboard with increasing the debt in the next decade. The report suggests that the choice for members like Sens. Bob Corker or Jeff Flake is to either hope for an unrealistic growth scenario, decide tanking the bill isn't worth it, or vote against the cuts.

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West Virginia is latest state to delay primary due to coronavirus

Photo: Barbara Davidson/Getty Images

West Virginia Gov. Jim Justice rescheduled the state's May 12 primary election to June 9 on Wednesday, citing fears surrounding the coronavirus pandemic, AP reports.

Why it matters: 23 other states and the District of Columbia haven't held primaries yet. The White House is recommending, for now, that Americans practice social distancing and gather in groups of no more than 10 people — while many states have issued stay-at-home orders.

Go deeperArrowUpdated 10 mins ago - Politics & Policy

Florida governor issues stay-at-home order

Photo: Joe Raedle/Getty Images

Florida Gov. Ron DeSantis ordered a statewide stay-at-home order on Wednesday after the number of coronavirus cases in the state rose to nearly 7,000.

Why it matters: DeSantis has been criticized for declining to order any statewide mandates to curb the spread of coronavirus as Florida — home to a significant elderly population — has increasingly become a hotspot. The order will go into effect at midnight and last for 30 days.

Go deeperArrow10 mins ago - Health