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President Donald Trump speaks during a cabinet meeting at the White House. Photo: Evan Vucci / AP

President Trump, situated between Secretary of State Rex Tillerson and Defense Secretary James Mattis during his Monday morning Cabinet meeting, said he "feels strongly" about his decision to decertify the Iran nuclear deal, stating that he's "tired of being taken advantage of."

Trump also revealed that he is not giving up on health care, stating: "Obamacare is finished, it's dead, it's gone...There is no such thing as Obamacare anymore." He added that Senate Republicans are currently working on a short-term fix to insurance markets after he "cut off the gravy train" by ending subsidies — a move that has threatened to throw the Affordable Care Act markets into chaos.

Future of Iran deal: Trump said Congress and the deal's member countries will either find a solution that would improve the agreement, or else "total termination" will be "a very real possibility."

More on health care: Trump said he wants to "help the poor people" get better health care, and believes congressional Republicans will agree to a long-term fix for the ACA by March or April. Trump acknowledged that Democrats are unlikely to support that effort.

Other highlights:

  • Pharma: "Prescription drug prices are out of control" with drugs costing much more in the U.S. than in other countries, "meaning as usual the world is taking advantage of the United States," said Trump. "The drug companies quite frankly are getting away with murder."
  • Senate/House GOP: "I have a great relationship with them but they're not getting the job done... and I'm not going to blame myself. I'll be honest. They are not getting the job done."
  • Immigration: "Visa overstays... they're so out of control... more than ever we need the wall."
  • Las Vegas shooter: "We continue to pray for the victims... he was a demented sick individual, the wires were crossed pretty badly in his brain."
  • California wildfires: "Very sad thing to watch."

Go deeper

The elusive political power of Mexican Americans

Data: Pew Research Center, U.S. Census Bureau; Chart: Michelle McGhee/Axios

Mexican Americans make up the nation's largest Latino group, yet they remain politically outshined by more recently arrived Cuban Americans.

Why it matters: The disparities in political power between Mexican Americans and Cuban Americans reflect the racial, historical, geographical and economic differences within Latino cultures in the U.S.

Bryan Walsh, author of Future
37 mins ago - Health

The barriers to vaccine passports

Illustration: Sarah Grillo/Axios

Vaccine passports could become available soon to help people resume their livesbut they face numerous scientific, social and political barriers to being accepted.

The big picture: Reliable and accessible proof of vaccine-induced protection from the novel coronavirus could speed international travel and economic reopening, but obstacles to its wide-scale adoption are so great it may never fully arrive.

Updated 7 hours ago - Politics & Policy

Senate action on stimulus bill continues as Dems reach deal on jobless aid

Photo: Alex Wong/Getty Images

Democratic leaders struck an agreement with Sen. Joe Manchin (D-W.V.) on emergency unemployment insurance late Friday, clearing the way for Senate action on President Biden's $1.9 trillion stimulus package to resume after an hours-long delay.

The state of play: The Senate continued to work through votes on a series of amendments overnight into early Saturday morning.