Alex Brandon / AP

Senate HELP Committee chairman Lamar Alexander says he wants to work with Democrats on a short-term bill to stabilize the Affordable Care Act's insurance markets — and he's asked President Trump to keep paying insurers for their cost-sharing reduction subsidies for two more months to give the Senate time to approve a package by the end of September.

What to watch: Alexander says he wants to hold hearings starting the week of Sept. 4 and approve a package by Sept. 27, the date by which health insurers must sign contracts to offer ACA coverage in 2018. He says he wants the package to fund the insurer payments for an additional year, but also "greater flexibility for states in approving health insurance policies."

Key quote: "If your house is on fire, you want to put out the fire, and the fire in this case is the individual health insurance market."

Reality check: Alexander will have to convince other Republicans, including Majority Leader Mitch McConnell and Majority Whip John Cornyn, who insist they don't want "bailouts" without any changes to the ACA. But he could also run into resistance from Democrats if he pushes for too much "flexibility" for state insurance regulators. He'd also have to convince House Republicans, who he didn't mention at all.

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The Supreme Court said Thursday that it will not block Rhode Island's move to ease its requirements for absentee voting during November's election.

Why it matters: The decision is a loss for Republicans, who had requested an emergency order as the state is expected to begin mailing out its ballots.

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Uber and Lyft are ratcheting up the fight with California’s state government over the classification of drivers with a move that would deprive Californians of their ride-hailing services (and halt driver income).

Driving the news: On Wednesday, both companies said that if a court doesn’t overturn or further pause a new ruling forcing them to reclassify California drivers as employees, they’ll suspend their services in the state until November’s election, when voters could potentially exempt them by passing a ballot measure.

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Israel Prime Minister Netanyahu, Trump and UAE Crown Prince Mohammed bin Zayed. Photo: Artur Widak/NurPhoto; Samuel Corum; Odd Andersen/AFP via Getty Images

President Trump announced a "historic" deal Thursday which will see Israel and the UAE open full diplomatic relations and Israel suspend its annexation plans in the West Bank.

Why it matters: This is a major breakthrough for Israel, which lacks diplomatic recognition in many Middle Eastern countries but has been steadily improving relations in the Gulf, largely due to mutual antipathy toward Iran.