The Cassidy-Graham bill would cause millions to lose insurance, a new estimate says. Photo: J. Scott Applewhite/AP

An estimate released today by the Brookings Institution found the Cassidy-Graham health care plan would cause 32 million people to lose health coverage in 2027 and beyond compared to current law. Over the next two years, 15 million would lose coverage. Then, from 2020-2027, 21 million would lose coverage, which Brookings said is a conservative estimate.

Why this matters: This could give Senate GOP holdouts yet another reason to oppose the bill. Brookings is a liberal think tank, but it has been pretty close to the mark in predicting other Congressional Budget Office estimates. (We won't get an official CBO estimate of coverage losses for Graham-Cassidy because there's not enough time.) Just as importantly, it reiterates the fact that we really don't know how states would react.

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Updated 11 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 9 a.m. ET: 19,128,901 — Total deaths: 715,555— Total recoveries — 11,591,028Map.
  2. U.S.: Total confirmed cases as of 9 a.m. ET: 4,884,406 — Total deaths: 160,111 — Total recoveries: 1,598,624 — Total tests: 59,652,675Map.
  3. Politics: Trump floats executive action even if stimulus deal is reached.
  4. Business: U.S. economy adds 1.8 million jobs in July — Household debt and credit delinquencies dropped in Q2.
  5. Sports: The pandemic's impact on how sports are played.
  6. 1 🎮 thing: Video gaming growth soars.

Trump floats executive action even if stimulus deal is reached

Photo: Samuel Corum/Getty Images

The White House is finalizing a series of executive orders addressing key coronavirus stimulus priorities if negotiations with Congress fall apart, and it's leaving the door open for President Trump to use them even if a deal is reached that doesn't encompass all of his priorities, two administration officials tell Axios.

What we’re hearing: “I wouldn't be surprised that, if something gets left off the table, we’d be like ‘we can take this executive action too and be able to win on it anyway,’” one official said.

33 mins ago - Technology

TikTok responds to Trump executive order: "We are shocked"

Photo: Jakub Porzycki/NurPhoto via Getty Images

TikTok said Friday that it was "shocked" by President Trump's executive order that will ban Americans from dealing with ByteDance, its China-based owner, in 45 days.

Why it matters: TikTok argued that Trump's move "risks undermining global businesses' trust in the United States' commitment to the rule of law, which has served as a magnet for investment and spurred decades of American economic growth."