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Cruz on Trump's Obamacare speech: No, we're not fighting

Caitlin Owens, author of Vitals

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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Barak Ravid, author of from Tel Aviv
8 mins ago - World

Iran's nuclear dilemma: Ramp up now or wait for Biden

Illustration: Annelise Capossela/Axios

The world is waiting to see whether Iran will strike back at Israel or the U.S. over the assassination of Mohsen Fakhrizadeh, the architect of Iran's military nuclear program.

Why it matters: Senior Iranian officials have stressed that Iran will take revenge against the perpetrators, but also respond by continuing Fakhrizadeh’s legacy — the nuclear program. The key question is whether Iran will accelerate that work now, or wait to see what President-elect Biden puts on the table.

Go deeper (1 min. read)Arrow
Rebecca Falconer
Updated 1 hour ago - Health

U.K. first nation to clear Pfizer coronavirus vaccine for mass rollout

A health care worker during the phase 3 COVID-19 vaccine trial by Pfizer and BioNTech in Ankara, Turkey, in October. Photo: Dogukan Keskinkilic/Anadolu Agency via Getty Images

The United Kingdom's government announced Wednesday it's approved Pfizer-BioNTech's COVID-19 vaccine, which "will be made available across the U.K. from next week."

Why it matters: The U.K. has beaten the U.S. to become the first Western country to give emergency approval for a vaccine that's found to be 95% effective with no serious side effects against a virus that's killed nearly 1.5 million people globally.

Go deeper (1 min. read)Arrow
Axios
3 hours ago - World

NYT: Biden won't immediately remove U.S. tariffs on China

President-elect Joe Biden during an event in Wilmington, Delaware, on Tuesday. Photo: Alex Wong/Getty Images

President Trump's 25% tariffs imposed on China under the phase one trade deal will remain in place at the start of the new administration, President-elect Biden said in an interview with the New York Times published early Wednesday.

Details: "I'm not going to make any immediate moves, and the same applies to the tariffs," Biden said. He plans to conduct a full review of the current U.S. policy on China and speak with key allies in Asia and Europe to "develop a coherent strategy," he said.

Go deeper (1 min. read)Arrow