Photo: Evan Vucci / AP

President Trump plans to end subsidy payments to insurers selling plans under the Affordable Care Act, Politico's Josh Dawsey reports. The subsidies were worth about $7 billion this year, and ending them would be the most aggressive step Trump has taken yet to dismantle the ACA.

Why it matters from Axios health care editor Sam Baker: If Congress doesn't step up and guarantee this funding, expect insurance companies to raise their premiums dramatically; leave at least some of the ACA's marketplaces altogether; and potentially sue the administration for withholding payments the law says they're supposed to receive.

Earlier today, Trump signed an executive order expanding access to more loosely regulated insurance options with low premiums, another move that could undermine the ACA insurance markets.

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Obama: The rest of us have to live with the consequences of what Trump's done

Photo: Joe Raedle/Getty Images

Campaigning for Joe Biden at a car rally in Miami on Saturday, Barack Obama railed against President Trump's response to the coronavirus pandemic, saying "the rest of us have to live with the consequences of what he's done."

Driving the news: With less than two weeks before the election, the Biden campaign is drawing on the former president's popularity with Democrats to drive turnout and motivate voters.

Murkowski says she'll vote to confirm Amy Coney Barrett to Supreme Court

Sen. Lisa Murkowski. Photo: Alex Edelman/AFP via Getty Images

Sen. Lisa Murkowski (R-Alaska) said Saturday that she'll vote to confirm Judge Amy Coney Barrett to the Supreme Court on Monday, despite her opposition to the process that's recently transpired.

The big picture: Murkowski's decision leaves Sen. Susan Collins (R-Maine) as the only Republican expected to vote against Barrett.