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.

Go deeper

11 mins ago - Podcasts

Substack and the future of media

Traditional media models, and even some of the digital ones, are either under pressure or outright broken. Some journalists have responded by going out on their own, leveraging a new group of startups that help them self-publish and monetize their work.

Axios Re:Cap digs in with Chris Best, CEO of Substack, which has more than 250,000 paying subscribers on its writer network.

Updated 20 mins ago - Politics & Policy

In photos: Ruth Bader Ginsburg lies in state at Capitol

A bipartisan group of female lawmakers line the steps of the Capitol as Ginsburg's casket is carried to a hearse. Photo: Jose Luis Magana/AFP via Getty Images

The late Supreme Court Justice Ruth Bader Ginsburg laid in state at the Capitol on Friday, the first woman and the first Jewish person to receive such an honor.

Driving the news: After a ceremony in National Statuary Hall, Ginsburg's casket was carried down the building's steps — flanked by a group of bipartisan female lawmakers for a final farewell.

Updated 50 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2:30 p.m. EST: 32,356,829 — Total deaths: 984,813 — Total recoveries: 22,278,696Map.
  2. U.S.: Total confirmed cases as of 2:30 p.m EST: 6,997,468 — Total deaths: 203,147 — Total recoveries: 2,710,183 — Total tests: 98,481,026Map.
  3. States: "We’re not closing anything going forward": Florida fully lifts COVID restaurant restrictions — Virginia Gov. Ralph Northam tests positive for coronavirus.
  4. Health: Young people accounted for 20% of cases this summer.
  5. Business: Coronavirus has made airports happier places The expiration of Pandemic Unemployment Assistance looms.
  6. Education: Where bringing students back to school is most risky.

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