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More than a quarter of what someone pays in federal taxes goes toward Medicare, Medicaid, Obamacare subsidies and other health care programs, according to a Committee for a Responsible Federal Budget analysis for the Wall Street Journal. And for all of the attention Obamacare is getting these days, it only gets a fraction of the tax dollars that go to Medicare.

The amount funneled to Medicare has gone up by 15% since 2011 as more baby boomers age into the program. Tax spending on Medicaid has gone up more than 25% since 2011 due to Obamacare's expansion of the program. For every $100 of tax revenue, this is how much goes toward health care:

  • Medicare: $15.26
  • Medicaid: $9.55
  • Obamacare subsidies: $1.09
  • Other programs tied to health care: $0.36

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8 hours ago - World

China-Iran deal envisions massive investments from Beijing

Illustration: Aïda Amer/Axios

China and Iran have negotiated a deal that would see massive investments flow into Iran, oil flow out, and collaboration increase on defense and intelligence.

Why it matters: If the proposals become reality, Chinese cash, telecom infrastructure, railways and ports could offer new life to Iran’s sanctions-choked economy — or, critics fear, leave it inescapably beholden to Beijing.

Updated 9 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

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House Judiciary Committee releases transcript of Geoffrey Berman testimony

Geoffrey Berman. Photo: Alex Wong/Getty Images

The House Judiciary Committee on Monday released the transcript of its closed-door interview with Geoffrey Berman, the former top federal prosecutor in Manhattan who was forced out by Attorney General Bill Barr last month.

Why it matters: House Democrats have seized on Berman's testimony, in which he claimed the attorney general sought to "entice" him into resigning so that he could be replaced by SEC chairman Jay Clayton, to bolster allegations that the Justice Department has been politicized under Barr.