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(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.

Go deeper

Restaurant software meets the pandemic moment

Illustration: Annelise Capossela/Axios

Food delivery companies have predictably done well during the pandemic. But restaurant software providers are also having a moment as eateries race to handle the avalanche of online orders resulting from severe in-person dining restrictions.

Driving the news: Olo filed last week for an IPO and Toast is rumored to be preparing to do the same very soon.

Bryan Walsh, author of Future
1 hour ago - Technology

How the automation economy can turn human workers into robots

Illustration: Sarah Grillo/Axios

More than outright destroying jobs, automation is changing employment in ways that will weigh on workers.

The big picture: Right now, we should be less worried about robots taking human jobs than people in low-skilled positions being forced to work like robots.

House passes $1.9 trillion COVID relief package

Photo: Screenshot via C-SPAN

The House approved President Biden's $1.9 trillion COVID relief package on a 219-212 vote early Saturday morning, sending it to the Senate for a possible rewrite before it gets to Biden's desk.

The big picture: The vote was a critical first step for the package, which includes $1,400 cash payments for many Americans, a national vaccination program, ramped-up COVID testing and contact tracing, state and local funding and money to help schools reopen.