(Alex Brandon / AP)

The Senate Health, Education, Labor and Pensions Committee is releasing more information — such as which governors it will hear from — about its effort to stabilize the individual market in September.

  • But a key policy idea, reinsurance, is not currently on the table, according to a senior GOP aide.
  • A reinsurance program would help insurers cover the costs of expensive enrollees, rather than passing those costs onto all enrollees through higher premiums. Letting people over 30 choose a catastrophic care plan is also off the table for now. The focus is on funding the Affordable Care Act's insurer subsidies that help low-income people with out-of-pocket costs, along with making state innovation waivers more flexible.
  • The committee announced yesterday it will be holding two hearings the first week of September. Today, it announced that at one of these hearings, it will hear from these five governors: Charlie Baker of Massachusetts, Steve Bullock of Montana, Bill Haslam of Tennessee, Gary Herbert of Utah and John Hickenlooper of Colorado.

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3 hours ago - World

Macron visits Beirut promising a "new political pact" for Lebanon

Macron visits the hard-hit Gemmayzeh neighborhood. Photo: AFP via Getty Images

French President Emmanuel Macron walked through the blast-damaged streets of Beirut on Thursday, swarmed by people chanting for the fall of Lebanon's government and pleading for international aid.

Why it matters: Lebanon is at a breaking point. Its economy was collapsing and its government hardly functioning — all before a massive explosion destroyed swathes of the capital city, including its vital port.

3 hours ago - Sports

The PGA Championship is golf's first major in over a year

Photo: Gary Kellner/PGA of America via Getty Images

The 2020 PGA Championship tees off Thursday at San Francisco's TPC Harding Park, which is hosting its first-ever major.

Why it matters: It's the first major in more than a year — and the first of seven majors in the next 12 months. Though there won't be any fans in attendance, the excitement is palpable.

July's jobs report could be an inflection point for the coronavirus recovery

Illustration: Sarah Grillo/Axios

Even if Friday's jobs report shows a big number, it is becoming clear hiring slowed and likely even reversed course in July and real-time indicators suggest the employment situation worsened into August.

Driving the news: Payroll processor ADP's monthly jobs report showed private companies added 167,000 jobs last month, well below the 1.2 million expected by economists and far below June's 4.8 million jobs added.