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J. Scott Applewhite / AP

Conservative House Republicans, after spending eight years threatening to shut down the government over deficits, are flirting with an idea sure to increase the national debt.

We hear a growing number of the most conservative lawmakers are seduced by the idea of cutting taxes for corporations and individuals — but without paying for it with a tax hike, like Speaker Ryan's trillion-dollar border adjustment plan.

Who lit the fire: Stephen Moore, the Heritage economist and top economic advisor on Trump's campaign, pushed the idea recently to conservative Republicans behind closed doors in New York. Moore argued they should take the short-term hit on higher deficits — and bet economic growth will erase them, with time.

Who's for it: Some conservatives — including a notable number of the hardline Freedom Caucus, and some (but not most) of a larger conservative caucus, the Republican Study Committee — are embracing the idea as the only sure way to nail a massive tax overhaul while they have the chance. Influential conservative groups like Heritage and the Club for Growth will back them. Club President David Macintosh describes revenue neutrality as a "red herring" argument made by Republicans who refuse to shrink government.

Who's against it: We're told that Speaker Ryan and House Majority Leader Kevin McCarthy are sticking with their insistence that rate cuts have to be offset with the border-adjustment tax, which would hurt retailers by making imports more expensive.

Where's Trump? The president loved to leverage debt as a businessman, and has no plans to cut entitlement spending. He remains skeptical about the border-adjustment tax, so we could easily see him backing Moore on this one. Expect a collision with his budget director, Mick Mulvaney.

Go deeper

3 hours ago - Health

FDA authorizes mix-and-match for COVID booster shots

Photo: Francine Orr/Los Angeles Times via Getty Images

The Food and Drugs Administration (FDA) on Wednesday gave its approval for Americans to get booster shots that are different from the COVID vaccine they initially received.

Why it matters: The recommendation from the FDA, which also authorized booster shots for people who received Moderna and Johnson & Johnson vaccines on Wednesday, paves the way for an expansion of booster shots.

GOP congressman forfeits committee seats after indictment

Rep. Jeff Fortenberry. Photo: Al Drago/Bloomberg via Getty Images

Rep. Jeff Fortenberry (R-Neb.) on Wednesday stepped down from his committee assignments after being indicted for lying to federal investigators amid a probe into illegal campaign donations.

What they're saying: In a letter to House Speaker Nancy Pelosi, Fortenberry said he is "grateful for the outpouring of support from my friends and colleagues as we work against the injustice confronting me."

Rahm Emanuel questioned on murder of Laquan McDonald in confirmation hearing

Rahm Emanuel during a Senate Foreign Relations Committee confirmation hearing on Oct. 20. Photo: Sarah Silbiger/Bloomberg via Getty Images

Former Chicago Mayor Rahm Emanuel spoke about the murder of Laquan McDonald during his Senate confirmation hearing Wednesday to become the U.S. ambassador to Japan, saying that "there's not a day or a week that has gone by in the last seven years I haven't thought about this."

Catch up quick: McDonald was a Black teenager who was fatally shot 16 times by Chicago police during Emanuel's tenure as the city's mayor. The 2014 shooting triggered massive protests, both because of its nature and the fact that the officers' body-cam footage was concealed for years.