Photo Left: Rhona Wise/AFP/Getty Images, Photo Right: Alex Edelman via Pool/Getty Images

Democrats are already giddy over the opportunity to criticize Trump's budget for cutting more than $800 billion from Medicare.

Reality check: Yes, the budget proposes reducing Medicare spending by more than $800 billion over a decade. But these are not reductions in seniors' benefits. They are (theoretical) cuts in Medicare's payments to health care providers, mainly hospitals.

Flashback: In 2012, the Romney campaign hammered the Affordable Care Act for cutting almost $800 billion from Medicare, and President Obama fought back on the grounds that cutting provider payments was not the same as cutting benefits.

Between the lines: Some of Trump's specific cuts are bipartisan.

  • Trump's budget projects about $260 billion in savings from policies designed to stop hospitals from boosting their payments by buying up doctors' practices — an idea Obama also embraced.
  • Some savings would come from the administration's plans to lower Medicare's spending on prescription drugs.

You can choose your hypocrite here — Democrats are criticizing something they've done; Republicans are doing something they've criticized.

  • My thought bubble: Providers and policymakers can duke it out over whether this or that payment reduction is bearable or not. But on the politics, Obama had a point in 2012 and the White House has a point now.
  • If you think health care in the U.S. is too expensive, solving that problem means somebody has to get less money.

Go deeper: The first big battle over "Medicare for All" is about to begin

Go deeper

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Illustration: Aïda Amer/Axios

In 2018 President Trump granted the Central Intelligence Agency expansive legal authorities to carry out covert actions in cyberspace, providing the agency with powers it has sought since the George W. Bush administration, former U.S. officials directly familiar with the matter told Yahoo News.

Why it matters: The CIA has conducted disruptive covert cyber operations against Iran and Russia since the signing of this presidential finding, said former officials.

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Illustration: Annelise Capossela/Axios

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Why it matters: Crafting reopening plans gave tech firms a chance to bolster their leadership and model the beginnings of a path back to normalcy for other office workers. Their decision to pause those plans is the latest sign that normalcy is likely to remain elusive in the U.S.

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Illustration: Eniola Odetunde/Axios

The coronavirus pandemic has changed the game for U.S. businesses, pushing forward years-long shifts in workplaces, technology and buying habits and forcing small businesses to fight just to survive.

Why it matters: These changes are providing an almost insurmountable advantage to big companies, which are positioned to come out of the recession stronger and with greater market share than ever.