In it, but not of it. TPM DC

The GOP's most likely path for repealing Obamacare immediately eliminates hundreds of billions of dollars in tax revenue that would otherwise be available to fund their replacement plan.

The large tax cut, which would go disproportionately to high earners, will seriously handcuff lawmakers as they try to cobble together a replacement plan to cover the millions of Americans dependent on Obamacare for health insurance, health care policy experts say.

With Republican Party's strict anti-tax orthodoxy, it is difficult to envision the new GOP-controlled Congress raising taxes down the road to fund their Obamacare replacement. So while the current plan of repeal and delay contemplates a future replacement plan, the lost tax revenues is perhaps the most telling sign that a viable replacement may be either impossible to achieve or a meager substitute.

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One name was notably absent from the President-elect’s Monday night tweet announcing that he would turn the Trump Organization’s management over to his adult children: Ivanka Trump.

The omission of his eldest daughter, compounded with reports that she and her husband Jared Kushner are house hunting in Washington, D.C. and Donald Trump’s recent remark that he would “love” to have both in his administration, fueled speculation that he intends to give her an official White House role.

CNN added another dash of gasoline in a Wednesday tweet citing a transition source who claimed that Ivanka Trump would receive an office in the space traditionally reserved for the first lady, although Trump spokeswoman Hope Hicks told Business Insider that "no decisions regarding Ivanka's involvement have been made."

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Donald Trump has said that he will step away from his businesses by the time he takes office and hand over the reins to his two oldest sons, Donald Trump Jr. and Eric Trump, but the President-elect's children are still very much involved in efforts to fill out Trump's cabinet.

Trump's three oldest children, Ivanka Trump, Donald Trump Jr. and Eric Trump, all sit on the transition team's executive committee. His children have taken part in the process to select cabinet nominees and have sat in on meetings with foreign leaders.

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The top Democrat on the Senate Judiciary Committee flagged Tuesday a number of what she believed to be missing documents in Sen. Jeff Sessions' (R-AL) Attorney General nomination questionnaire. In a letter to the Judiciary Chair Chuck Grassley (R-IA), the incoming ranking member Dianne Feinstein (D-CA) also asked for more time to review the Sessions' records.

Grassley had previously signaled he wanted to expedite Sessions' confirmation hearings for before President-elect Donald Trump is inaugurated. They are scheduled to begin Jan. 10, according to NPR.

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When Republicans were campaigning against the Affordable Care Act, they often made it sound like the system was such a monstrosity, such a disaster, so big and overwhelming it was crushing the entirety of the the U.S. health care system and responsible for skyrocketing premiums in every sector of the insurance market. Now that they're on the verge of upending Obamacare, they are claiming that its reach is not so big after all. Suddenly, Obamacare's problems – and the number of people that repealing it will affect – are "relatively small."

This reduction in rhetorical scope is striking, given the language Republicans used to denounce the Affordable Care Act for the last six years.

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Donald Trump's pick to be secretary of state, ExxonMobil CEO Rex Tillerson, leads a company currently under investigation by state attorneys general for potentially misleading investors about what the company knew about climate change.

As secretary of state, Tillerson would be the United States' representative abroad negotiating agreements on climate change. On the campaign trail, Trump said that he would favor pulling out of the Paris Agreement, but has since claimed to have an "open mind" and be "studying" the issue.

For his part, Tillerson has said that climate change is a "serious" threat, and Exxon now publicly supports the science behind climate change as well as the Paris accord. Yet Exxon has come under scrutiny in the last year from environmental groups and state attorneys general for allegedly downplaying the risks posed by climate change.

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Social Security advocates were shocked last week when Rep. Sam Johnson (R-TX) (pictured), the chair of the House subcommittee on Social Security, introduced a bill to little fanfare that would impose major cuts to the popular retirement insurance program.

The benefit reductions in the bill skewed toward middle- and high-income earner, which some policy experts warn could erode the popular support for the program, but almost everyone would face cuts in some shape or form. Notably, GOP leadership hasn't exactly rallied around Johnson's bill, and President-elect Donald Trump campaigned on not slashing Social Security. So the political obstacles facing the legislation at the moment appear to be high.

Here are five points on the Johnson's bill, titled the Social Security Reform Act of 2016:

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A new study finds that 52 million non-elderly Americans have the sort of pre-existing conditions insurers cited to deny them health insurance coverage in the pre-Affordable Care Act world. The study, released Monday by the Kaiser Family Foundation, notes that a majority of those Americans are covered by group health plans where they would not face such medical underwriting. But it adds that, due to market churn, many more than just the 8 percent or so of consumers who currently receive coverage through the individual marketplace stand to be affected if the pre-existing conditions provision of Obamacare is dismantled.

"For many people, the need for individual market coverage is intermittent, for example, following a 26th birthday, job loss, or divorce that ends eligibility for group plan coverage, until they again become eligible for group or public coverage," the study said.

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Donald Trump on Monday morning continued to dismiss reports that the CIA concluded that Russian hackers tried to help Trump win the 2016 election, casting doubt on the CIA's findings with a false claim that the issue was not reported before the November election.

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