Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Greg Ruben / Axios

President Trump likes to say that the easy thing to do would be to "let Obamacare fail" and blame the Democrats. Now, that might actually happen. It's the closest thing any Republican has articulated to a Plan B now that their repeal plan has gone down in flames.

The White House has been publicly insisting there was no Plan B in case the bill failed, and now that the bill has been pulled, it's pretty clear there's no backup plan now, either. "We're going to go back and figure out what the next steps are," House Speaker Paul Ryan told reporters at a press conference on Friday. A disappointed-looking House Energy and Commerce Committee chairman Greg Walden was blunt with reporters: "This bill's done."

Trump put a more positive spin on it: He says he's going to wait for Democrats to come to him, and then they'll work on a new health care bill together. "They're going to reach out whenever they're ready," Trump said. But his message was the same: Democrats will come to him because Obamacare is about to have "a very bad year" with "explosive premium increases."

Why they're stuck: Republicans didn't spend any time discussing a backup plan because they didn't want to believe they needed one. "We have not discussed a Plan B. I'm being authentic and genuine. There's no backroom discussions ... This has been all-in," Republican Study Committee chairman Mark Walker told reporters this morning. One senior GOP aide told Caitlin Owens that Republicans "will have to do a lot of soul searching."

  • What's next: Trump says he's moving on to tax reform: "I think we have to let Obamacare go its way for a while."
  • Ryan's warning to Democrats: Don't gloat, because Obamacare's problems are "going to get even worse."
  • Ryan suggested there won't be any Republican efforts to help the law through its struggles, like the huge premium hikes in the last enrollment season: "It is so fundamentally flawed that I don't know that that is possible."
  • That could change now that the bill's defeat is a reality. If nothing else, Health and Human Services secretary Tom Price has promised other measures to relax Obamacare's rules through administrative actions, and there's no reason those measures couldn't go forward.
  • And it doesn't mean all Republicans will want to just give up and leave Obamacare in place. "If we stopped there, it would be an unacceptable failure of insight or perserverance," Freedom Caucus member Trent Franks told reporters this morning. "Sometimes the greatest victories of all happen at 12:01 instead of 11:59." But he couldn't articulate what the next step would be.

Reality check: There's really no such thing as "leaving Obamacare in place" under a Republican administration that hates it. The law has needed a tremendous amount of implementation funding and support from the Obama administration, and it's not going to get it under Trump and Price. And some of the problems in the insurance market have been caused by the loss of "risk corridor" payments for health plans with expensive customers — which were cut because of Republican opposition.

The new talking point: "If we can't change the law on our own, and the law is what Obama and [Nancy] Pelosi and [Harry] Reid passed, pretty hard to say it's the GOP's fault," the senior Republican aide said.

Go deeper

CNN fires Chris Cuomo

Photo: Kevin Mazur/Getty Images for CNN

CNN said Saturday evening it has fired one of its star anchors, Chris Cuomo, following new revelations from a legal review made by the company into Cuomo's involvement in the management of his brother's sexual harassment scandal.

Why it matters: Saturday's firing speaks to how much pressure CNN was under by employees and critics to address Cuomo's behavior.

Updated 2 hours ago - Energy & Environment

Electric car prices could go up before they come down

Illustration: Eniola Odetunde/Axios

The secret to affordable electric vehicles is cheaper batteries. But after years of falling prices, battery costs are now headed in the wrong direction.

Why it matters: Costlier batteries could drive up the price of electric vehicles — threatening the auto industry's transition away from fossil fuels, and, in turn, society's fight against climate change.

Axios Visuals Deep Dive: Pandemic eating

Illustration: Sarah Grillo/Axios

A food revolution began pre-pandemic and COVID has only accelerated that. See how America's food industry is transforming, from farm to your table.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!