(Alex Brandon / AP)

The Congressional Budget Office says the individual health insurance market will become less stable in the short term if the administration stops paying the Affordable Care Act insurer subsidies, which are passed along by law to low-income enrollees to help with out-of-pocket costs.

What it said:

  • Premiums will rise by 20 percent in 2018 and by 25 percent in 2020.
  • Cost: $194 billion from 2017-2026. (Because tax credits would increase, shielding many people from the rate hikes).
  • Change in the number of uninsured: Slightly higher in 2018, but slightly lower starting in 2020.
  • 5 percent of the country will have no insurers in 2018, but almost all people would have access to insurance by 2020 as markets adjusted.

Context: President Trump has threatened repeatedly to stop making the payments, but for now the issue remains unresolved. Lawmakers from both parties have actively discussed funding the subsidies in some kind of stabilization package over the last few weeks and will attempt to do so next month.

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Updated 9 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 4:30 p.m. ET: 21,020,216 — Total deaths: 761,393— Total recoveries: 13,048,303Map.
  2. U.S.: Total confirmed cases as of 4:30 p.m. ET: 5,289,323 — Total deaths: 167,948 — Total recoveries: 1,774,648 — Total tests: 64,831,306Map.
  3. Health: CDC: Survivors of COVID-19 have up to three months of immunity Fauci believes normalcy will return by "the end of 2021" with vaccine — The pandemic's toll on mental health.
  4. Business: How small businesses got stiffed — Unemployment starts moving in the right direction.
  5. Cities: Coronavirus pandemic dims NYC's annual 9/11 Tribute in Light.
  6. Politics: Biden signals fall strategy with new ads.

Harris: "Women are going to be a priority" in Biden administration

Sen. Kamala Harris at an event in Wilmington, Del. Photo: Drew Angerer/Getty Images

In her first sit-down interview since being named Joe Biden's running mate, Sen. Kamala Harris talked about what she'll do to fight for women if elected VP, and how the Democrats are thinking about voter turnout strategies ahead of November.

What they're saying: "In a Biden-Harris administration women are going to be a priority, understanding that women have many priorities and all of them must be acknowledged," Harris told The 19th*'s Errin Haines-Whack.

Facebook goes after Apple

Illustration: Lazaro Gamio/Axios

Facebook is seeking to force a face-off with Apple over its 30% in-app purchase commission fee, which Facebook suggests hurts small businesses struggling to get by during the pandemic.

The big picture: Facebook has never publicly gone after Apple, a key strategic partner, this aggressively. Both companies face antitrust scrutiny, which in Apple's case has centered on the very fee structure Facebook is now attacking.