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Pixabay / Creative Commons

Capitol Hill will be consumed by Obamacare for the foreseeable future but this week is a big one, with House committees expected to mark up the first legislative text. Committees responsible for the health-care bill — led by Ways and Means chair Kevin Brady and Energy and Commerce chair Greg Walden — worked over the weekend with the White House "to tie up loose ends and incorporate technical guidance from the administration," a senior GOP aide tells me.

There was a weekend call with the big players crafting the policy: Speaker Ryan, Walden, Budget Director Mick Mulvaney, HHS Secretary Tom Price, White House senior policy hand Andrew Bremberg, and others. Outstanding issues, still being worked through by the committees:

  • Design of the tax credits: We're told that Republicans are going to put an income cap on the tax credits. This helps bring down costs — a top GOP priority — and will ensure that the super-rich aren't getting financial assistance they don't need.
  • Tweaking coverage: We're told that the early estimates about how many people would be covered by the healthcare plan were pretty bad. Republicans have been tweaking the plan to ensure that the coverage gets better.

Go deeper

The front-runners for Biden's Supreme Court pick

Judge Kentaji Brown Jackson (left) and Justice Leondra Kruger (right) Tom Williams-Pool/Getty Images and Lonnie Tague, US Department of Justice

Two highly accomplished Black female judges — Ketanji Brown Jackson, a judge on the D.C. Circuit Court of Appeals; and Leondra Kruger, a justice on the California Supreme Court — are seen as the early front-runners to replace retiring Supreme Court Justice Stephen Breyer.

The big picture: Jackson is a powerful federal judge with a record that progressives feel they can trust. Kruger was a highly regarded litigator and has carved out a reputation for working well with conservative judges.

Fed: Rate hikes are near

The Federal Reserve's headquarters building. Photo: Anna Moneymaker/Getty Images

The Federal Reserve is on track to raise its main target interest rate in mid-March, as Chair Jerome Powell pledged to be "humble and nimble" in adapting policy to a fast-changing economy.

Why it matters: Fed leaders are looking to choke off inflation by raising interest rates in the near future, but keeping its options open for how fast and far the effort will go.

How long it’s taken to confirm Supreme Court justices

Expand chart
Data: Axios research, U.S. Supreme Court, Supreme Court Historical Society; Chart: Jacque Schrag/Axios

It takes a U.S. president an average of 70 days from the date a Supreme Court seat is vacated to nominate a replacement, according to data from the Supreme Court Historical Society.

Why it matters: With news outlets reporting liberal Supreme Court Justice Stephen Breyer's plans to retire, Democrats will be looking to confirm President Biden's nominee with enough time to refocus the national political debate ahead of the midterms.