Searching for smart, safe news you can TRUST?

Support safe, smart, REAL journalism. Sign up for our Axios AM & PM newsletters and get smarter, faster.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Searching for smart, safe news you can TRUST?

Support safe, smart, REAL journalism. Sign up for our Axios AM & PM newsletters and get smarter, faster.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Jim Lo Scalzo/Pool Image via AP

It would be easy to get overloaded with reactions, so we asked for quick takes from two members of the Axios board of independent experts: Stanford University's Lanhee Chen, Mitt Romney's former policy director, and Venrock's Bob Kocher, a former Obama administration adviser who worked on Obamacare.

We also checked with Avik Roy, a conservative health care expert who has written about the trouble with flat tax credits (he thought they should have been means tested).

Read on for the highlights.

  • Chen, on the tax credit: "it seems to me they've got the best of both worlds. They've got a phase-out to help deal with cost and age-rating to help deal with coverage (as well as retaining the simplicity of administering the credit generally)."
  • Chen, on Medicaid: "I do think they've struck an appropriate balance. The non-expansion states get access to extra money during the phase down of the expansion and a little beyond ... The per capita caps are set based on 2016 spending, so the expansion states aren't left completely hanging."
  • Kocher, on the coverage impact: The plan would "increase, dramatically, the number of uninsured and re-create an individual insurance market based upon high cost sharing, very low actuarial value benefits, elimination of preventive care, and no essential benefits."
  • Kocher, on continuous coverage: If anyone has a break in coverage, "they may never be able to afford to get back in the market with such small tax credits. Overtime, this could lead to more rapidly rising premiums and fewer people covered."
  • Roy, on the tax credit: "They phased out the subsidy for high earners, which is an improvement, but they left in the benefit cliff between Medicaid and the tax credit for those at the poverty line. The effect is to trap people in poverty and discourage them from seeking work."
  • The headline of Roy's Forbes summary this morning: "House GOP's Obamacare Replacement Will Make Coverage Unaffordable For Millions — Otherwise, It's Great."

Go deeper

Dave Lawler, author of World
2 hours ago - World

How Biden might tackle the Iran deal

Photo illustration: Aïda Amer/Axios. Photo: Drew Angerer/Getty Images

Four more years of President Trump would almost certainly kill the Iran nuclear deal — but the election of Joe Biden wouldn’t necessarily save it.

The big picture: Rescuing the 2015 Joint Comprehensive Plan of Action (JCPOA) is near the top of Biden's foreign policy priority list. He says he'd re-enter the deal once Iran returns to compliance, and use it as the basis on which to negotiate a broader and longer-lasting deal with Iran.

Kamala Harris, the new left's insider

Photo illustration: Eniola Odetunde/Axios. Photo: Joe Buglewicz/Getty Images     

Progressive leaders see Sen. Kamala Harris, if she's elected vice president, as their conduit to a post-Biden Democratic Party where the power will be in younger, more diverse and more liberal hands.

  • Why it matters: The party's rising left sees Harris as the best hope for penetrating Joe Biden's older, largely white inner circle.

If Biden wins, Harris will become the first woman, first Black American and first Indian American to serve as a U.S. vice president — and would instantly be seen as the first in line for the presidency should Biden decide against seeking a second term.

Updated 10 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — U.S. tops 88,000 COVID-19 cases, setting new single-day record.
  2. Politics: States beg for Warp Speed billions.
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases.
  4. 🎧Podcast: The vaccine race turns toward nationalism.