2. Senate Republicans are expected to unveil a tax bill on Thursday that would fully repeal the state and local tax deduction, which could open a rift with the House.

Invoking Clint Eastwood and Tuesday’s election results, Senator Chuck Schumer, above, said: “You want to pass this tax bill? You want to hurt the suburbs? Make our day.”

Elsewhere in Washington, the Justice Department called on Time Warner to sell assets, potentially including CNN, according to people briefed on the move. That invites a politically tinged legal battle over a pending merger with AT&T.