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Jacquelyn Martin / AP

In the "don't call it dead yet" category … the House is releasing its fiscal 2018 budget resolution this morning, and it assumes that all of the policies in the House-passed Affordable Care Act repeal bill, the American Health Care Act, will become law.

And that's not all. It also revives the GOP proposals for Medicare premium support — the overhaul House Speaker Paul Ryan has been championing for years, but also the one President Trump has said he doesn't want to do.

The savings:

  • Medicare premium support: $487 billion/10 years
  • Medicaid and other health programs: $1.5 trillion/10 years

Reality check: It may not sound realistic, but everything about the budget is a negotiation — and House Republicans are loading up their budget with as many conservative priorities as they possibly can. It also calls for Medicaid work requirements, additional state flexibility beyond the House bill's Medicaid changes, and medical liability reform.

Go deeper

1 hour ago - World

Biden freezes U.S. arms deals with Saudi Arabia and UAE

Trump struck several large arms deals with Mohammed bin Salman (L) and Saudi Arabia. Photo: Kevin Dietsch-Pool/Getty Images

The Biden administration has put on hold two big arms deals with Saudi Arabia and the United Arab Emirates which were approved in the final weeks of the Trump administration, a State Department official tells Axios.

Why it matters: The sales of F-35 jets and attack drones to the UAE and a large supply of munitions to Saudi Arabia will be paused pending a review. That signals a major policy shift from the Trump era, and may herald sharp tensions with both Gulf countries.

Dan Primack, author of Pro Rata
2 hours ago - Podcasts

Robert Downey Jr. launches VC funds to help save the planet

Robert Downey Jr. on Wednesday announced the launch of two venture capital funds focused on startups in the sustainability sector, the latest evolution of a project he launched two years ago called Footprint Coalition.

Between the lines: This is a bit of life imitating art, as Downey Jr. spent 11 films portraying a character who sought to save the planet (or, in some cases, the universe).

DHS warns of "heightened threat" because of domestic extremism

Supporters of former President Trump protest inside the U.S. Capitol on Jan. 6. Photo: Roberto Schmidt/AFP via Getty Images

The Department of Homeland Security on Wednesday issued an advisory warning of a "heightened threat environment" in the U.S. because of "ideologically-motivated violent extremists."

Why it matters: DHS believes the threat of violence will persist for "weeks" following President Biden's inauguration. The extremists include those who opposed the presidential transition, people spurred by "grievances fueled by false narratives" and "anger over COVID-19 restrictions ... and police use of force[.]"