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House Ways and Means Committee Chairman Rep. Kevin Brady, R-Texas., speaks during an interview with The Associated Press. Photo: Susan Walsh / AP

Taxpayers will not be able to fill out a postcard-sized piece of paper to file their tax returns based on the House GOP tax plan, House Ways and Means Chairman Kevin Brady said Friday in a discussion with Politico's Anna Palmer and Jake Sherman.

Why it matters: Republicans, including President Trump, had previously been claiming a majority of Americans would be able to file on just a postcard. Other highlights:

  • One guarantee: "There's no chance of paying higher taxes," even with pass-through rates.
  • On opposition to the bill: "I think it's early" for opposition to emerge.
  • On cutting deductions for student loan interest and high medical bills: "I think we address those in a really good way." Brady referenced how the plan doubles the standard deduction and adds a new family credit.
  • On cutting deductions and exemptions, generally: The rational is, "do we want to have a tax code that may have special provisions…that you use once a year in your life…or that you use every year in your life?"
  • On whether the GOP can get Democratic support for the plan: "I hope so."
  • But he's not being unrealistic about it: "This is the challenge of a lifetime…it's going to be the process of Washington."

Moving forward: Brady spoke after revealing his mark on the House GOP tax plan Friday, which will be considered on Monday. Trump has slated Thanksgiving as the deadline to pass the bill through the House and Christmas as the deadline for the Senate.

Go deeper: What's in the House GOP tax plan ... Winners and losers of the plan

Go deeper

9 hours ago - World

Maximum pressure campaign escalates with Fakhrizadeh killing

Photo: Fars News Agency via AP

The assassination of Mohsen Fakhrizadeh, the architect of Iran’s military nuclear program, is a new height in the maximum pressure campaign led by the Trump administration and the Netanyahu government against Iran.

Why it matters: It exceeds the capture of the Iranian nuclear archives by the Mossad, and the sabotage in the advanced centrifuge facility in Natanz.

Scoop: Biden weighs retired General Lloyd Austin for Pentagon chief

Lloyd Austin testifying before Congress in 2015. Photo: Chip Somodevilla/Getty Images

Joe Biden is considering retired four-star General Lloyd Austin as his nominee for defense secretary, adding him to a shortlist that includes Jeh Johnson, Tammy Duckworth and Michele Flournoy, two sources with direct knowledge of the decision-making tell Axios.

Why it matters: A nominee for Pentagon chief was noticeably absent when the president-elect rolled out his national security team Tuesday. Flournoy had been widely seen as the likely pick, but Axios is told other factors — race, experience, Biden's comfort level — have come into play.

Updated 11 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: Supreme Court backs religious groups on New York COVID restrictions.
  3. World: Thailand, Philippines sign deal with AstraZeneca for vaccine.
  4. Economy: Safety nets to disappear in December Black Friday shopping across the U.S., in photosAmazon hires 1,400 workers a day throughout pandemic.
  5. Education: National standardized tests delayed until 2022.