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AP file photo

The National Association of Medicaid Directors opposes the Senate health care bill, saying the cuts it makes to the program are too deep. NAMD represents all 56 Medicaid directors, and the decision to oppose the bill was made by its bipartisan board.

The spending growth rates for the proposed Medicaid per capita caps are "insufficient and unworkable," the directors wrote in a statement to be released Monday. While they say they support some elements included in the bill, "no amount of administrative or regulatory flexibility can compensate for the federal spending reductions that would occur as a result of this bill."

Why it matters: Coming after GOP Sen. Dean Heller of Nevada said he opposes the bill, the statement is an indication that the Medicaid cutbacks are now one of the biggest threats to the bill's passage.

Go deeper

Dion Rabouin, author of Markets
29 mins ago - Economy & Business

Biden's inflation danger

Illustration: Sarah Grillo/Axios

President-elect Joe Biden's $1.9 trillion stimulus proposal has economists and bullish market analysts revising their U.S. growth expectations higher, predicting a reflation of the economy in 2021 and possibly more booming returns for risk assets.

Yes, but: Others are warning that what's expected to be reflation could actually show up as inflation, a much less welcome phenomenon.

Ina Fried, author of Login
2 hours ago - Technology

CES was largely irrelevant this year

Illustration: Sarah Grillo/Axios

Forced online by the pandemic and overshadowed by the attack on the Capitol, the 2021 edition of CES was mostly an afterthought as media's attention focused elsewhere.

Why it matters: The consumer electronics trade show is the cornerstone event for the Consumer Technology Association and Las Vegas has been the traditional early-January gathering place for the tech industry.

The FBI is tracing a digital trail to Capitol rioters

Illustration: Sarah Grillo

Capitol rioters, eager to share proof of their efforts with other extremists online, have so far left a digital footprint of at least 140,000 images that is making it easier for federal law enforcement officials to capture and arrest them.

The big picture: Law enforcement's use of digital tracing isn't new, and has long been at the center of fierce battles over privacy and civil liberties. The Capitol siege is opening a fresh front in that debate.