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The health care deal by Sens. Lamar Alexander and Patty Murray is the best chance for insurers to regain the Affordable Care Act subsidies President Trump wants to cut off. But there's no guarantee it can pass Congress and get to Trump's desk. Here's a look at the $1 billion in losses insurers would suffer through the end of this year if the subsidies end, per the consulting firm Avalere.

Expand chart
Data: Avalere; Chart: Chris Canipe / Axios

The bottom line: Florida, California, and Texas insurers would be hardest hit, with Florida insurers alone losing $200 million. They have to provide the subsidies to low and middle-income people even if they don't get reimbursed — but some will raise their rates or even pull out of the markets if they have to face those kinds of losses.

Go deeper

Biden explains justification for Syria strike in letter to Congress

Photo: Chris Kleponis/CNP/Bloomberg via Getty Images

President Biden told congressional leadership in a letter Saturday that this week's airstrike against facilities in Syria linked to Iranian-backed militia groups was consistent with the U.S. right to self-defense.

Why it matters: Some Democrats, including Sens. Tim Kaine (D-Va.) and Chris Murphy (D-Conn.) and Rep. Ro Khanna (D-Calif.), have criticized the Biden administration for the strike and demanded a briefing.

10 hours ago - Health

FDA authorizes Johnson & Johnson's one-shot COVID-19 vaccine for emergency use

Photo: Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

The Food and Drug Administration on Saturday issued an emergency use authorization for Johnson & Johnson's one-shot coronavirus vaccine.

Why it matters: The authorization of a third coronavirus vaccine in the U.S. will help speed up the vaccine rollout across the country, especially since the J&J shot only requires one dose as opposed to Moderna and Pfizer-BioNTech's two-shot vaccines.

Updated 11 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios