Andrew Harnik / AP

The Wall Street Journal scoops that President Trump privately told staff he wanted them to prioritize massive tax cuts even if they add to the deficit. Trump, who wants to slash the corporate rate to 15%, reportedly made the comments in an Oval Office meeting last week.Why this matters: We told you recently about the "candy option" for tax reform — all the goodies, with none of the pain. Nothing says "candy" like offering huge tax cuts with no new revenue streams to pay for them. A top Senate source said Trump's tax plan could easily blow a $3 trillion hole in the budget, if he does massive cuts and includes the "Ivanka credit" for childcare.A few problems: Most Republicans won't stand for a plan that makes them look fiscally reckless. Also, it's hard to see how such major cuts would become permanent. The Republicans will likely use a "reconciliation" bill to pass tax reform. This has the advantage of being able to pass the Senate with 51 rather than 60 votes, but its rules dictate that for the cuts to last beyond 10 years they can't add to the deficit. It's difficult to see how even the most optimistic economic growth projections could make up for that loss of income.Between the lines: It's all but official that the so-called "border adjustment tax" is dead. It's the centerpiece of Paul Ryan's House Republican tax plan, and it would raise more than $1 trillion over 10 years by hiking taxes on imports. Nationalists in the White House, including Steve Bannon, love the idea. They see it as an American nationalist tax — hindering foreign importers and helping companies that build stuff in America. But it looks like opponents of the idea, a group that includes about the entire U.S. Senate, have won on this one.

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2 hours ago - Health

Fauci says if people won't wear masks, maybe it should be mandated

Anthony Fauci. Photo: Graeme Jennings- Pool/Getty Images

NIAID director Anthony Fauci told CNN on Friday evening that if "people are not wearing masks, then maybe we should be mandating it."

Why it matters: Fauci made the comments the same day the U.S. hit its highest daily COVID-19 case count since the pandemic began.

Harris to Black voters: Casting a ballot is about honoring your ancestors

Democratic vice presidential nominee Kamala Harris speaks at a "Get Out The Vote" rally at Morehouse College. Photo: Elijah Nouvelage/AFP via Getty Images

Sen. Kamala Harris appealed to Black voters in Georgia on Friday, urging them to "honor the ancestors" by casting ballots, and again calling President Trump a "racist."

Why it matters: The U.S. saw a significant decline in African-American voter turnout between 2012 and 2016, reaching its lowest point since 2000. Higher turnout among Black Americans this year could tip the balance in favor of Democrats in key battleground states, including Georgia.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Fauci: Trump hasn't been to a COVID task force meeting in months.
  2. Sports: The youth sports exodus continues — Big Ten football is back.
  3. Health: U.S. hits highest daily COVID-19 case count since pandemic began —AstraZeneca to resume vaccine trial in U.S.How to help save 130,000 lives.
  4. Retail: Santa won't greet kids at Macy's this year.
  5. World: Spain and France exceed 1 million cases.