Susan Walsh / AP

President Trump may have endorsed health care tax credits to send a message to conservatives about Obamacare repeal, but Sen. Ted Cruz — his onetime presidential rival — is trying to make it sound like there's no conflict at all. Here's what he said to reporters this morning about the speech:

"I think the president laid out general principles of reform, and right now both houses of Congress are debating the specifics of those reforms. I believe the way we get it done is building from the 2015 repeal language, and focus on areas of consensus."

Worth noting: Cruz is one of the conservative Republicans who insists on repealing the entire law, not trying to keep the popular parts. And just yesterday, he was referring to health care tax credits as a "massive new entitlement program."

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"Hamilton" is a streaming hit for Disney+

Data: Google Trends; Chart: Andrew Witherspoon/Axios

The debut of "Hamilton" on Disney+ last Friday sent downloads of the app soaring over the weekend.

Why it matters: With theaters closed until 2021, "Hamilton" is the biggest litmus test for whether Broadway will ever be able to successfully transition some of its iconic hits.

Wall Street is no longer betting on Trump

Illustration: Sarah Grillo/Axios

Betting markets have turned decisively toward an expected victory for Joe Biden in November — and asset managers at major investment banks are preparing for not only a Biden win, but potentially a Democratic sweep of the Senate and House too.

Why it matters: Wall Street had its chips on a Trump win until recently — even in the midst of the coronavirus-induced recession and Biden's rise in the polls.

With new security law, China outlaws global activism

Illustration: Eniola Odetunde/Axios

The draconian security law that Beijing forced upon Hong Kong last week contains an article making it illegal for anyone in the world to promote democratic reform for Hong Kong.

Why it matters: China has long sought to crush organized dissent abroad through quiet threats and coercion. Now it has codified that practice into law — potentially forcing people and companies around the world to choose between speaking freely and ever stepping foot in Hong Kong again.