Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

A billboard warning of Ebola in Lagos, Nigeria. Photo: Sunday Alamba / AP

The importance of rich countries funding disease prevention efforts in poor countries "is as uncontroversial a position as exists in public health," Ed Yong writes in the Atlantic. But under the Trump administration's budget, U.S. funding for international health programs would see substantial cuts.

Why it matters: The 2014 Ebola outbreak in Nigeria was halted in three months, with only 19 cases and eight deaths. This outbreak, which had the potential to spread across the globe as a pandemic, killing millions and costing trillions, was contained largely thanks to Nigeria's existing, U.S.-funded disease prevention infrastructure. The disappearance of this funding could leave poorer nations unequipped to contain infectious diseases.

The backdrop: Wednesday, delegates from 50 nations will gather in Kampala, Uganda for a meeting of the Global Health-Security Agenda, convened in 2014 by then-President Obama. In anticipation of the meeting, global health non-profit PATH released a new report calling on the U.S. to double down on its commitment to funding disease prevention programs abroad. But President Trump's budget will slash at least 10% from the $450 million — or 0.1% of the defense budget — the U.S. spends on these programs annually.

Key quote: "The weakest country among us with the ... least preventative-care capabilities [is] going to be the patient-zero outbreak source," Tom Bossert, homeland security advisor to the president, said. "And they're going to end up killing and infecting the world, and so we need to put money into places that don't have the money to do it themselves to prevent loss of life here. So that's it."

Go deeper: How to prepare for the next pandemic

Go deeper

Trump threatens to veto Defense spending bill over social media shield

Photo: Erin Schaff - Pool/Getty Images

President Trump tweeted Tuesday a threat to veto a must-pass end-of-year $740 billion bill defense-spending authorization bill unless Congress repeals a federal law that protects social media sites from legal liability.

Why it matters: Trump's attempt to get Congress to end the tech industry protections under Section 230 of the Communications Decency Act is the latest escalation in his war on tech giants over what he and some other Republicans perceive as bias against conservatives.

The walls close in on Trump

Photo: Tasos Katopodis/Getty Images

With Bill Barr's "Et tu, Brute!" interview with AP, President Trump is watching the walls close in on his claims of fraud, hoaxes and conspiracies.

Why it matters: Trump and his legal team continue to claim election fraud. But the Republican governors of Arizona and Georgia have certified their elections, a loyalist like Barr has weighed in, and lower-ranking officials have taken potshots.

Congress plots COVID pandemic-era office upgrades

oving crates outside Rep. Elise Stefanik's old office Tuesday. Photo: Bill Clark/CQ-Roll Call, Inc via Getty Images

The House plans to renovate members' suites even though staff are worried about an influx of contractors and D.C. is tightening restrictions on large gatherings, some staffers told Axios.

Why it matters: The Capitol has been closed to public tours since March. Work over the holiday season comes as U.S. coronavirus cases spike, Americans beg for more pandemic assistance and food lines grow.

Get Axios AM in your inbox

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!