Apr 21, 2017

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

The new oil-cutting pact will help the market but hardly rescue it

The new OPEC-Russia agreement to steeply cut production should help the oil market avoid a complete meltdown, but it's nowhere near enough to undo the damage from the COVID-19 pandemic, analysts say.

Why it matters: It's the first major coordinated response to the pandemic that's creating an unprecedented collapse in global oil demand and has pushed prices to very low levels.

Premier League players launch fund to help U.K. medical workers

Illustration: Aïda Amer/Axios

Premier League players have launched an initiative called #PlayersTogether, which will funnel part of their salaries to the National Health Service to support the U.K.'s front-line workers during the coronavirus crisis.

Why it matters: This decision came at the conclusion of a protracted argument between players, clubs and even government officials over who should bear the brunt of lost revenue in the midst of the pandemic.

GOP worries Trump has only weeks to sharpen coronavirus response

Photo: Alex Wong/Getty Images

Republicans are increasingly concerned not only about President Trump’s daily briefings but also his broader plan to ease the nation out of the virus crisis and back to work. This concern is acute — and spreading. 

Why it matters: Trump can easily address the briefing worries by doing fewer, but the lackluster bounce-back planning is what worries Republicans most.