There may only be one source of bipartisan agreement when it comes to the Affordable Care Act — opposition to its revenues and cost-control measures. Nothing checks both of those boxes quite as effectively as the law's "Cadillac tax" — which is now on its way out.

Driving the news: In an overwhelming 419-6 vote, the House signed off yesterday on repealing the tax on high-value health plans. Repealing the tax will cost the federal government almost $200 billion over the next decade, according to the Congressional Budget Office.

Real talk: This tax is one of those policies that economists absolutely love, and people who have to stand for election absolutely hate. And in those situations, politics usually wins.

  • Employers and unions — one big constituency for each party — both loathe the tax, which was designed to pressure them to make their health plans less generous or to find other ways to bring down their plans' costs.

What they're saying: "Unfortunately a lot of what Congress has been doing in recent years seems to be ignoring the budgetary consequences," Paul Van de Water, of the liberal Center on Budget and Policy Priorities, told The New York Times.

  • Congress has also delayed, frozen or repealed other revenue-raisers from the ACA, including taxes on medical devices and health insurance plans.
  • The controversial Independent Payment Advisory Board, or IPAB, has never actually been formed, but has engendered plenty of bipartisan opposition even theoretically.

Go deeper

Caitlin Owens, author of Vitals
15 mins ago - Health

The coronavirus is starting to crush some hospitals

Illustration: Aïda Amer/Axios

Some states are seeing dangerous levels of coronavirus hospitalizations, with hospitals warning that they could soon become overwhelmed if no action is taken to slow the spread.

Why it matters: Patients can only receive good care if there's enough care to go around — which is one reason why the death rate was so much higher in the spring, some experts say.

Scoop: The Lincoln Project is becoming a media business

Illustration: Eniola Odetunde/Axios

The Lincoln Project is looking to beef up its media business after the election, sources tell Axios.

Driving the news: The group recently signed with the United Talent Agency (UTA) to help build out Lincoln Media and is weighing offers from different television studios, podcast networks and book publishers.

Trump, Biden strategies revealed in final ad push

Data: Bully Pulpit Interactive; Chart: Danielle Alberti/Axios

President Trump is pouring hundreds of thousands of dollars into Facebook ads on the Supreme Court and conservative judges in the final stretch of his campaign, while Joe Biden is spending over a million on voter mobilization, according to an analysis by Axios using data from Bully Pulpit Interactive.

The big picture: Trump's Facebook ad messaging has fluctuated dramatically in conjunction with the news cycle throughout his campaign, while Biden's messaging has been much more consistent, focusing primarily on health care and the economy.

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