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It's going to be Obamacare insurer payments vs. the wall

AP file photo

So here's where we're at on Obamacare insurer subsidy payments in the upcoming government funding bill:

  • Office of Management and Budget director Mick Mulvaney on Bloomberg TV: Trump administration is offering Democrats $1 in insurer subsidy payments in exchange for every $1 in funds they're willing to support to build the border wall.
  • "Complete non-starter," per Senate Minority Leader Chuck Schumer, via spokesman Matt House.

Bottom line: Yes, we're going to have to go through this. It's not going to be a no-drama solution.

Go deeper

Kia Kokalitcheva
1 hour ago - Economy & Business

The rebellion against Silicon Valley (the place)

Photo illustration: Sarah Grillo/Axios. Smith Collection/Gado via Getty Images

Silicon Valley may be a "state of mind," but it's also very much a real enclave in Northern California. Now, a growing faction of the tech industry is boycotting it.

Why it matters: The Bay Area is facing for the first time the prospect of losing its crown as the top destination for tech workers and startups — which could have an economic impact on the region and force it to reckon with its local issues.

Go deeper (2 min. read)Arrow
Erica Pandey, author of @Work
1 hour ago - Economy & Business

Telework's tax mess

Illustration: Annelise Capossela/Axios

As teleworkers flit from city to city, they're creating a huge tax mess.

Why it matters: Our tax laws aren't built for telecommuting, and this new way of working could have dire implications for city and state budgets.

Go deeper (2 min. read)Arrow
Sara Fischer, author of Media Trends
1 hour ago - Economy & Business

Wanted: New media bosses, everywhere

Illustration: Sarah Grillo/Axios

The Washington Post, Los Angeles Times, Reuters, HuffPost and Wired are all looking for new editors. Soon, The New York Times will be too.

Why it matters: The new hires will reflect a new generation — one that's addicted to technology, demands accountability and expects diversity to be a priority.

Go deeper (1 min. read)Arrow

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