U.S. Treasury Secretary Steve Mnuchin today insisted that the White House has "a very detailed" tax plan, in an interview with CNBC. But, like President Trump during his tax speech yesterday in Missouri, he declined to provide any specific details.

Mnuchin's reference to settled differences between the White House and Congress stands in contrast to what sources have told Axios, who add that plenty of significant specifics still need to be hammered out.

More interview highlights:

  • Tax timeline: Mnuchin says that details should become publicly available by the end of September with a bill passed by year-end. He acknowledged, however, earlier comments that tax reform would be done by the Congressional August recess. "Unfortunately, things got delayed a bit."
  • Balance sheet: Mnuchin says that President Trump is "absolutely committed to revenue neutrality" in the tax plan, but that only applies under the White House's optimistic economic growth projections. In other words, it sounds like Trump would sign a bill that is not revenue-neutral under more modest estimates.
  • Debt ceiling: Mnuchin reaffirmed that Sept. 29 is when the U.S. will reach the current debt ceiling, although says it could move a few days in either direction due to both Hurricane Harvey and Sept. 15 corporate tax receipts. He also reaffirmed his preference for a "clean" debt ceiling increase.
  • Dollar strength: Mnuchin says that while a weaker U.S. currency can provide a short-term boost to trade figures, he believes the long-term value of a strong dollar is that it projects broader durability of the U.S. economy.
  • Economic impact of the U.S. leaving NAFTA: "I'm not going to make any comments yet because I think the expectation is we will renegotiate in a way that is good for us an good for them."
  • Replacing Andrew Jackson on the $20 bill: "It's not something I'm focused on at the moment."

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Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9:45 p.m. ET: 19,282,972 — Total deaths: 718,851 — Total recoveries — 11,671,491Map.
  2. U.S.: Total confirmed cases as of 9:45 p.m. ET: 4,937,441 — Total deaths: 161,248 — Total recoveries: 1,623,870 — Total tests: 60,415,558Map.
  3. Politics: Trump says he's prepared to sign executive orders on coronavirus aid.
  4. Education: Cuomo says all New York schools can reopen for in-person learning.
  5. Public health: Surgeon general urges flu shots to prevent "double whammy" with coronavirus — Massachusetts pauses reopening after uptick in coronavirus cases.
  6. World: Africa records over 1 million coronavirus cases — Gates Foundation puts $150 million behind coronavirus vaccine production.

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(Photos: Abdulhamid Hosbas/Anadolu Agency via Getty Images, Sean Rayford/Getty Images)

Sen. Elizabeth Warren and Hillary Clinton both are slated to speak on the Wednesday of the Democratic convention — Aug. 19 — four sources familiar with the planning told Axios.

Why it matters: That's the same night Joe Biden's running mate (to be revealed next week) will address the nation. Clinton and Warren represent two of the most influential wise-women of Democratic politics with the potential to turn out millions of establishment and progressive voters in November.

Trump considering order on pre-existing condition protections, which already exist

Photo: Jim Watson/AFP via Getty Images

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Why it matters: The Affordable Care Act already requires insurers to cover pre-existing conditions. The Trump administration is currently arguing in a case before the Supreme Court to strike down that very law — including its pre-existing condition protections.