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Photo: Drew Angerer/Getty Images

The Trump administration formally asked the Supreme Court on Thursday to overturn the Affordable Care Act, AP reports.

Why it matters: Nearly 20 million Americans could lose health care coverage and protections for those with pre-existing conditions if the court rules to overturn ACA.

  • Nearly half a million people who lost their health insurance during the economic shutdown during the pandemic were able to get coverage through HealthCare.gov, per AP.

What they're saying

  • Texas and other conservative-led states argue the ACA is unconstitutional after Congress passed tax legislation in 2017 that removed fines for not having health insurance but still requires all Americans to have coverage.
  • The Trump administration's legal brief does not mention the coronavirus.

What's next: The court will likely hear the arguments in the fall.

Go deeper: The political risk of overturning the ACA

Go deeper

Supreme Court will hear major voting rights case

Illustration: Rebecca Zisser/Axios

The Supreme Court agreed Friday to hear a major voting rights case, setting up a clash over states’ handling of absentee ballots.

Why it matters: The court has already invalidated a key section of the Voting Rights Act, even before President Trump solidified and expanded its conservative majority, and is now poised to limit voting-rights enforcement again.

Ben Geman, author of Generate
14 mins ago - Economy & Business

GM's shrinking deal with Nikola

Illustration: Rebecca Zisser/Axios

General Motors will no longer take an equity stake in Nikola Corp. or build its pickup truck, under a revised deal that still envisions GM as a key tech supplier for Nikola's planned line of electric and fuel cell heavy trucks.

Driving the news: The revised agreement Monday is smaller in scope than a draft partnership rolled out in September that had included a $2 billion stake in the startup and an agreement to build its Badger pickup.

1 hour ago - Technology

Exclusive: Facebook's blackout didn't dent political ad reach

Photo: Valera Golovniov/SOPA Images/LightRocket via Getty Images

Americans saw more political ads on Facebook in the week before the 2020 election than they did the prior week despite the company's blackout on new political ads during that period, according to Global Witness, a human rights group that espouses tech regulation.

Why it matters: The presidential election was a key stress test for Facebook and other leading online platforms looking to prove that they can curb misinformation. Critics contend measures like the ad blackout barely made a dent.