Sep 13, 2017

The next steps for tax reform (and why GOP is still stuck)

Brady wants to release a detailed tax reform plan after the House and Senate adopt a budget resolution. Photo: Jacquelyn Martin / AP

House Ways and Means Committee chairman Kevin Brady outlined a step-by-step process to House Republicans this morning for moving ahead on tax reform.

The goal: For the House and Senate to get a budget resolution done by mid-October, followed by the introduction of a detailed tax reform plan that he'd steer through his committee and then push through the House this fall, according to a person in the room.

Reality check: Republicans still have one big problem. The House and Senate have to reach an agreement on a budget resolution — which would set the broad outlines for tax reform — before they can work on a detailed tax reform bill. Yet conservatives like House Freedom Caucus chairman Mark Meadows aren't ready to commit to voting for a budget resolution unless they know the tax reform details first. If Republicans can't satisfy them, there's no guarantee they'll get past Step 1.

Yes, but: Brady says the “Big Six" tax reform negotiators hope to release a consensus tax reform framework the last week of September — so that could give a better sense of whether the conservatives will get what they need. (The “Big Six" are Brady, House Speaker Paul Ryan, Senate Majority Leader Mitch McConnell, Senate Finance Committee chairman Orrin Hatch, Treasury secretary Steven Mnuchin and White House economic adviser Gary Cohn.)

The sequence, per the Brady briefing:

  • The consensus framework would be released the week of Sept. 25.
  • The House and Senate would try to approve a final budget resolution by mid-October.
  • Brady would release a “chairman's mark" — a first draft of the detailed tax reform plan.
  • The Ways and Means Committee would amend it and approve it.
  • Brady would work with the Budget Committee to bring it to the House floor.
  • House vote.
  • Senate vote.

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  1. Global: Total confirmed cases as of 1 a.m. ET: 664,695 — Total deaths: 30,847 — Total recoveries: 140,156.
  2. U.S.: Leads the world in cases. Total confirmed cases as of 1 a.m. ET: 124,464 — Total deaths: 2,191 — Total recoveries: 1,095.
  3. Federal government latest: President Trump announces new travel advisories for New York, New Jersey and Connecticut, but rules out quarantine enforcement. Per the CDC, residents of those states must now "refrain from non-essential domestic travel for 14 days," with the exception of critical infrastructure industry workers.
  4. State updates: Alaska is latest state to issue a stay-at-home order — New York is trying to nearly triple its hospital capacity in less than a month and has moved its presidential primary to June 23. Some Midwestern swing voters who backed Trump's handling of the virus less than two weeks ago are balking at his call for the U.S. to be "opened up" by Easter.
  5. World updates: In Spain, over 1,400 people were confirmed dead between Thursday to Saturday.
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Coronavirus updates: Global death toll tops 30,000

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

The novel coronavirus has now killed more than 30,000 people around the world — with Italy reporting over 10,000 deaths, per Johns Hopkins data.

The big picture: The number of deaths from COVID-19 in the U.S. surpassed 2,000 on Saturday. The United States leads the world in confirmed coronavirus infections — more than 124,000 by late Saturday. The number of those recovered from the virus in the U.S. passed the 1,000-mark on Saturday evening.

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Trump rules out quarantine in New York, New Jersey, Connecticut after pushback

President Trump on the White House grounds on Saturdya. Photo: Sarah Silbiger/Getty Images

President Trump tweeted Saturday night that he's decided not to introduce quarantine enforcement measures fo New York, New Jersey and parts of Connecticut, but a "strong" travel advisory will be issued for those states. The CDC later announced domestic travel restrictions for the states.

Why it matters: Trump said hours earlier he was considering quarantine measures to combat the rise in novel coronavirus cases. But he received pushback, notably from New York Gov. Andrew Cuomo (D), who told CNN such a measure would cause "chaos." "This would be a federal declaration of war on states," Cuomo added.

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