Pablo Martinez Monsivais / AP

The budget agreement Congress reached tonight would give the National Institutes of Health a $2 billion increase for the second year in a row, a Senate GOP aide confirms. That means congressional negotiators basically told the Trump administration to take a hike. The administration wanted to slash the agency's funding by $1.2 billion in the bill to fund the federal government for the rest of the year.

Between the lines: This part of the agreement had been worked out weeks ago between the top appropriators, including Sen. Roy Blunt and Rep. Tom Cole. They had wanted to build on the earlier $2 billion increase NIH had received last year, the first substantial funding boost in 12 years. The only question was whether Office of Management and Budget director Mick Mulvaney would convince them to change their minds. He didn't.

Go deeper

2 hours ago - World

Macron visits Beirut promising a "new political pact" for Lebanon

Macron visits the hard-hit Gemmayzeh neighborhood. Photo: AFP via Getty Images

French President Emmanuel Macron walked through the blast-damaged streets of Beirut on Thursday, swarmed by people chanting for the fall of Lebanon's government and pleading for international aid.

Why it matters: Lebanon is at a breaking point. Its economy was collapsing and its government hardly functioning — all before a massive explosion destroyed swathes of the capital city, including its vital port.

2 hours ago - Sports

The PGA Championship is golf's first major in over a year

Photo: Gary Kellner/PGA of America via Getty Images

The 2020 PGA Championship tees off Thursday at San Francisco's TPC Harding Park, which is hosting its first-ever major.

Why it matters: It's the first major in more than a year — and the first of seven majors in the next 12 months. Though there won't be any fans in attendance, the excitement is palpable.

July's jobs report could be an inflection point for the coronavirus recovery

Illustration: Sarah Grillo/Axios

Even if Friday's jobs report shows a big number, it is becoming clear hiring slowed and likely even reversed course in July and real-time indicators suggest the employment situation worsened into August.

Driving the news: Payroll processor ADP's monthly jobs report showed private companies added 167,000 jobs last month, well below the 1.2 million expected by economists and far below June's 4.8 million jobs added.