Sen. Heidi Heitkamp, D-N.D., center, listen as President Donald Trump speaks during a meeting with Senators. Photo: Evan Vucci / AP

White House talking points sent internally and to surrogates regarding the Trump administration's tax reform plan claims that it is "an important bipartisan strategy" and highlights Democratic Sen. Heidi Heitkamp's work on this issue. The details:

  • "Democrats have a long track record of backing" tax reform. The talking points mention Bill Clinton, Barack Obama and Chuck Schumer's calls to lower the corporate tax rate.
  • Sen. Heitkamp is "committed to fixing our broken tax code, and making sure it encourages workers, their families, and our businesses."
  • In 2012, Sen. Heitkamp said "Congress 'too often settles' for 'gimmicks and fixes' on taxes, while she pushes for 'corporate income tax reform.'"

Between the lines: The majority of the points reference lowering the corporate tax rate, which is a staple of the admin's reform plan, as seen in details from previous talking points obtained by Axios.

Go deeper: Trump wasn't always talking taxes with red-state Dems.

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Updated 11 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Chris Christie: Wear a mask "or you may regret it — as I did" — Senate Democrats block vote on McConnell's targeted relief bill.
  2. Economy: Why the stimulus delay isn't a crisis (yet).
  3. Health: The pandemic is getting worse again New York reports most cases since MayMany U.S. coronavirus deaths were avoidable.
  4. Education: Boston and Chicago send students back home for online learning.
  5. World: Spain becomes first nation in Western Europe to exceed 1 million cases — France becomes the second.

Biden says he will appoint commission on Supreme Court reform

Photo: Chip Somodevilla/Getty Images

Joe Biden told CBS' "60 Minutes" this week that if elected, he would put together a bipartisan commission to study the federal court system and make recommendations for reform.

Why it matters: Biden has come under pressure to clarify his position on court packing after some Democrats suggested expanding the court if Senate Republicans confirm President Trump's Supreme Court nominee Amy Coney Barrett.

Dion Rabouin, author of Markets
42 mins ago - Economy & Business

Wall Street still prefers bonds

Illustration: Aïda Amer/Axios. Photo: Sunset Boulevard/Getty Contributor

Investors' return on U.S. corporate bonds has been falling since its August peak, but buying has only accelerated, especially in investment grade bonds that are offering historically low yields.

The state of play: Since hitting its 2020 high on Aug. 4, the benchmark Bloomberg Barclays U.S. bond aggregate has delivered a -2.2% return. (For comparison, the S&P 500 has gained 3.9% during the same time period.)