Steve Cannon / AP

Republican Gov. Rick Scott's budget for the next fiscal year would cut Medicaid payments to hospitals by $930 million.

Scott didn't mince words. "Florida's hospitals continue to have record profits, and the governor is committed to fighting price gouging and unfair costs for Floridians needing important medical care," his office said in a release. Most of the cuts will come from allowing the state's Medicaid health insurers to pay hospitals less. The Florida Hospital Association told the Naples Daily News it condemned the policy.

Why this matters: Scott used to run HCA, the country's largest for-profit hospital company, which was embroiled in a massive fraud probe as he left and later paid $1.7 billion in fines. The Medicaid cuts would disproportionately affect not-for-profit and public hospitals that treat more poor patients. And despite the tough words, Scott indirectly praised his former company when he said he wanted to eliminate "supplemental payments for hospitals that provide less charity compared to the for-profit hospital industry."

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Updated 46 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 20,755,406 — Total deaths: 752,225— Total recoveries: 12,917,934Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 5,246,760 — Total deaths: 167,052 — Total recoveries: 1,774,648 — Total tests: 64,831,306Map.
  3. Politics: House Democrats to investigate scientist leading "Operation Warp Speed" vaccine projectMcConnell announces Senate will not hold votes until Sept. 8 unless stimulus deal is reached.
  4. 2020: Biden calls for 3-month national mask mandateBiden and Harris to receive coronavirus briefings 4 times a week.
  5. States: Georgia Gov. Brian Kemp to drop lawsuit over Atlanta's mask mandate.
  6. Business: Why the CARES Act makes 2020 the best year for companies to lose money.
  7. Public health: Fauci's guidance on pre-vaccine coronavirus treatments Cases are falling, but don't get too comfortable.

Trump says he intends to give RNC speech on White House lawn

President Trump speaking to reporters on South Lawn in July. Photo: Jabin Botsford/The Washington Post via Getty Images

President Trump told the New York Post on Thursday that he plans to deliver his Republican National Convention speech from the White House lawn, despite bipartisan criticism of the optics and legality of the location.

Why it matters: Previous presidents avoided blurring staged campaign-style events — like party conventions — with official business of governing on the White House premises, per Politico.

Fauci's guidance on pre-vaccine coronavirus treatments

Illustration: Aïda Amer/Axios

Antibody drugs and various medicine cocktails against the coronavirus are progressing and may provide some relief before vaccines.

The big picture: Everyone wants to know how and when they can return to "normal" life, as vaccines are not expected to be ready for most Americans for at least a year. Two therapies are known to be helpful, and more could be announced by late September, NIAID Director Anthony Fauci tells Axios.