Photo: Chip Somodevilla/Getty Images

House Speaker Nancy Pelosi released an aggressive proposal to rein in drug prices yesterday, and in a now-familiar fashion, Senate Majority Leader Mitch McConnell said he hated it while President Trump kept the door open.

What they're saying: "I like Sen. Grassley's drug pricing bill very much, and it's great to see Speaker Pelosi's bill today," Trump tweeted.

  • A few hours earlier, McConnell told Politico in an interview about the Pelosi proposal that "of course we’re not going to be calling up a bill like that."

My thought bubble: Pelosi's bill probably isn't going to become law. But we're also living in the Wild West of politics, so I wouldn't bet on anything right now.

Go deeper: The Trump-Pelosi mind meld on drug costs

Go deeper

Dion Rabouin, author of Markets
50 mins ago - Economy & Business

Coronavirus surge is sinking consumer confidence

Data: Hamilton Place Strategies, CivicScience; Chart: Axios Visuals

The rise in coronavirus cases in certain parts of the U.S. is stunting confidence across the country, a crop of new reports show.

Driving the news: After stalling during the previous two-week period, overall economic sentiment declined for the first time in two months, according to the Economic Sentiment Index, a biweekly survey from data firm CivicScience and Hamilton Place Strategies (HPS).

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Obama: Trump is "jealous of COVID's media coverage."
  2. Health: Mask mandates help control the rise in coronavirus hospitalizations. Hospitals face a crush.
  3. Business: Coronavirus testing is a windfall. Winter threat spurs new surge of startup activity.
  4. Media: Pandemic causes TV providers to lose the most subscribers ever.
  5. World: Putin mandates face masks.

The GOP's monstrous math problem

Illustration: Sarah Grillo/Axios

Republicans, win or lose next week, face a big — and growing — math problem.

The state of play: They're relying almost exclusively on a shrinking demographic (white men), living in shrinking areas (small, rural towns), creating a reliance on people with shrinking incomes (white workers without college degrees) to survive.