Photo: Daniel Sorabji/AFP/Getty Images

Colorado Gov. Jared Polis signed a bill on Wednesday capping the out-of-pocket cost of insulin at $100 per month, making it the first state in the country to take such action, reports the Denver Post.

Why it matters: Axios' Caitlin Owens says people with diabetes are dependent on insulin, and as the price of the decades-old drug has increased, it has created problems for those who must take it, but can't afford it. Insulin is the classic outrage-inducing case of an old drug being marked up for no reason, with a hugely significant impact on patients who need it.

The backdrop: Diabetics have been using insulin for nearly a century, but the cost of the prescription drug has doubled since 2012 and is up to $1,000 under some health insurance plans, per the Denver Post.

Details: The new law still allows drugmakers to charge as much as they want for insulin, but insurance companies are expected to absorb the brunt of the cost, per the Denver Post.

Go deeper: Insulin prices propel higher spending among diabetics

Go deeper

Trump to far-right Proud Boys: "Stand back and stand by"

Asked to condemn white supremacist violence at the first presidential debate on Tuesday, President Trump said the far-right Proud Boys group should "stand back and stand by," before immediately arguing that violence in the U.S. "is not a right-wing problem. This is a left-wing problem."

Why it matters: Trump has repeatedly been accused of failing to condemn white nationalism and right-wing violence, despite the FBI's assessment that it's the most significant domestic terrorism threat that the country faces. The president has frequently associated antifa and the left-wing violence that has afflicted some U.S. cities with Biden, despite his condemnation of violent protests.

Mike Allen, author of AM
17 mins ago - Politics & Policy

The first Trump v. Biden presidential debate was a hot mess

Photos: Jim Watson and Saul Loeb/AFP via Getty Images

This debate was like the country: Everybody’s talking. Nobody’s listening. Nothing is learned. It’s a mess.

  • We were told President Trump would be savage. Turned out, that was a gross understatement. Even the moderator, Fox News' Chris Wallace, got bulldozed.

Why it matters: Honestly, who the hell knows?

Updated 24 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10:30 p.m. ET: 33,516,946 — Total deaths: 1,005,394 — Total recoveries: 23,273,369Map.
  2. U.S.: Total confirmed cases as of 10:30 p.m ET: 7,188,543 — Total deaths: 205,966 — Total recoveries: 2,809,674 — Total tests: 103,155,189Map.
  3. Health: Americans won't take Trump's word on the vaccine, Axios-Ipsos poll finds.
  4. Politics: 7 former FDA commissioners say Trump is undermining agency's credibility
  5. States: NYC's coronavirus positivity rate spikes to highest since June.
  6. Sports: Tennessee Titans close facility amid NFL's first coronavirus outbreak.
  7. World: U.K. beats previous record for new coronavirus cases.
  8. Work: United States of burnout — Asian American unemployment spikes amid pandemic