New bombshell this morning: The National Institutes of Health would get a $5.8 billion funding cut in Trump's first budget — about 19 percent of its budget, per the Washington Post. That's after two years of Congress pushing for big increases.

And that's after Trump made a big issue of supporting research into new cures in his speech to Congress last month. Office of Management and Budget director Mick Mulvaney didn't tip his hand at a press briefing yesterday — he acknowledged that federal funding is needed for research into rare diseases," and our budget preserves the ability to do exactly that."

But NIH supporters in Congress have been warning that funding cuts are a real possibility. The agency got a $2 billion increase in December 2015, the biggest funding boost in a dozen years. And last year, STAT reported (oh wait, that's me!) that appropriators were looking at another $2 billion increase for the coming year. Congress hasn't finished its work on that funding package yet.

The bottom line: It's part of a 23 percent cut in overall discretionary funding for the Department of Health and Human Services, Bloomberg reports.

Go deeper

Updated 7 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 12,220,166 — Total deaths: 553,438 — Total recoveries — 6,696,632Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 3,111,902 — Total deaths: 133,195 — Total recoveries: 969,111 — Total tested: 38,032,966Map.
  3. Public health: More young people are spreading the virus Cases rise in 33 statesFlorida reports highest single-day death toll since pandemic began.
  4. Science: World Health Organization acknowledges airborne transmission of coronavirus.
  5. 1 🐂 thing: How the world could monitor for potential pandemic animal viruses.
8 hours ago - Podcasts

Inside Joe Biden's economic plan

Joe Biden on Thursday returned to his hometown of Scranton, Pennsylvania, to give his first major speech on economic policy since becoming the Democratic Party’s presumptive presidential nominee.

Axios Re:Cap digs into Biden's plans, how they developed and how they may change, with former U.S. Commerce secretary and campaign surrogate Penny Pritzker.

9 hours ago - World

Countries grapple with whether to lock back down as hotspots emerge

Tokyo in the time of coronavirus. Photo: Charly Triballeau/AFP via Getty

Many politicians and public health officials sounded a similar lockdown refrain in the spring: let’s do this right so we only have to do it once.

Reality check: While some countries have thus far managed to keep cases under control after opening up, dozens of countries that had initially turned a corner are now seeing a worrying rebound. They have to decide if and how to return to lockdown — and whether their populations will stand for it.