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Evan Vucci / AP

Health and Human Services secretary Tom Price claimed this morning that the $880 billion in Medicaid cuts over 10 years in the House-passed health care bill would "absolutely not" cause anyone to lose health coverage. "We believe strongly that the Medicaid population will be cared for in a better way," Price said on CNN's State of the Union.

Reality check: The Congressional Budget Office estimated that the cuts would cause 14 million Americans to lose coverage over 10 years. (That estimate was for the original House bill — it hasn't analyzed the revised version the House passed.)

Pre-existing conditions: In a separate appearance on MBC's Meet the Press, Price denied that the bill would raise costs for older people with health problems: "The fact of the matter is that if those individuals who are sicker, who are older, who are poorer, they will get larger subsidies so that they're able to gain the kind of coverage that they need and want for themselves and for their family."

Reality check: The bill would allow insurers to charge older customers five times as much as young adults, rather than three times as much under the Affordable Care Act. CBO said that under the original bill's tax credits, low-income 64-year-olds could have paid as much as $14,600 in premiums compared to $1,700 under the ACA. The House has since aded $85 billion in funds for the Senate to beef up the tax credits.

Go deeper

Inaugural address: Biden vows to be "a president for all Americans"

Moments after taking the oath of office, President Joe Biden sought to soothe a nation riven by political divisions and a global pandemic, while warning that "we have far to go" to heal the country and defeat a "virus that silently stalks the the country."

Why it matters: From the same steps that a pro-Trump mob launched an assault on Congress two weeks earlier, the new president paid deference to the endurance of American political institutions.

Updated 1 hour ago - Politics & Policy

Inauguration Day dashboard

U.S. Capitol and stage are lit at sunrise ahead of the inauguration of Joe Biden. Photo: Patrick Semansky - Pool/Getty Images

President Biden has delivered his inaugural address at the Capitol, calling for an end to the politics as total war but warning that "we have far to go" to heal the country.

What's next: Biden and Vice President Harris review readiness of military troops, a long-standing tradition to signify the peaceful transfer of power.

Updated 2 hours ago - Politics & Policy

In photos: The Biden and Harris inauguration

Joe Biden is sworn in as the 46th president of the United States. Photo: Alex Wong/Getty Images

Joe Biden and Kamala Harris were inaugurated as president and vice president respectively in a ceremony at the U.S. Capitol on Wednesday morning.

Why it matters: Top Democrats and Republicans gathered for the peaceful transfer of power only two weeks after an unprecedented siege on the building by Trump supporters to disrupt certification of Biden's victory. Trump did not attend Wednesday's ceremony.