House Speaker Paul Ryan showed how conflicted Republicans are on Obamacare Thursday by trying to acknowledge all of their cross pressures in one press conference. Here's what he said about the timing of repeal and replacement:

  1. They have to be done "all at the same time so that everybody sees what we're trying to do."
  2. It's going to go through all of the House committees that handle health care.
  3. But it has to be done quickly, because "this law is collapsing while we speak." (More on that below.)
  4. But "we're not holding hard deadlines, only because we want to get it right."

The bottom line: Don't expect any of this to happen right away. Ryan said House Republicans will talk a lot about replacement ideas at their retreat, which is being held in Philadelphia Jan. 25-27. But Ryan insists they're coordinating with the Trump administration, and says he discussed the issue with Vice President-elect Mike Pence on Wednesday.

Reality check: Ryan was right that many states are experiencing double-digit Obamacare premium increases he cited — but not everyone agrees that they mean the law is collapsing. Independent analysts, including S&P Global, have concluded that the huge rate hikes were probably a one-time correction that was needed to bring premiums in line with costs.

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting — McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.

Biden enters final stretch with huge cash advantage over Trump

Democratic presidential nominee Joe Biden in Wilmington, Delaware, on Monday. Photo: Drew Angerer/Getty Images

Democratic presidential nominee Joe Biden had $177.3 million in the bank at the end of September, per the latest Federal Election Commission filings.

Why it matters: President Trump's re-election campaign reported having $63.1 million in the bank at the end of last month.

Go deeper: The green tsunami

Editor's note: This is a developing news story. Please check back for updates.

Court allows North Carolina mail-in ballots deadline extension

An absentee ballot election worker stuffs ballot applications at the Mecklenburg County Board of Elections office in Charlotte, North Carolina, in September. Photo: Logan Cyrus/AFP via Getty Images

North Carolina can accept absentee ballots that are postmarked Nov. 3 on Election Day until Nov. 12, a federal appeals court decided Tuesday in a 12-3 majority ruling.

Why it matters: The 4th Circuit Court of Appeals' ruling against state and national Republican leaders settles a lawsuit brought by a group representing retirees, and it could see scores of additional votes counted in the key battleground state.