Jun 21, 2017

White House launches ACA repeal website

White House

The White House is giving a push to the Senate health care bill with a new website highlighting the Trump administration's arguments for repealing the Affordable Care Act. It features a video outlining the problems it sees with the law — skyrocketing individual insurance premiums, insurers leaving the marketplaces — and statistics about the lack of competition and people who have paid penalties rather than buying health coverage.

The goal: "This page will highlight the complete disaster that has been Obamacare, and feature videos and personal stories of everyday Americans across the country who have been negatively impacted by its failure," per a White House official. It will be updated with highlights of the Senate's replacement plan after the bill is released tomorrow.

Why it matters: It's all part of the administration's efforts to build momentum for the repeal effort ahead of the Senate vote next week, and it could give a nudge to Senate Republicans who are reluctant to vote for the bill. President Trump will keep talking about the ACA's problems in critical states — he's likely to bring it up in Iowa today — and HHS Secretary Tom Price is tweeting videos with doctors and patients talking about the law's problems.

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China tries to contain coronavirus, as Apple warns of earnings impact

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's NHC; Note: China refers to mainland China and the Diamond Princess is the cruise ship offshore Yokohama, Japan. Map: Danielle Alberti/Axios

As China pushes to contain the spread of the novel coronavirus — placing around 780 million people under travel restrictions, per CNN — the economic repercussions continue to be felt globally as companies like Apple warn of the impact from the lack of manufacturing and consumer demand in China.

The big picture: COVID-19 has now killed at least 1,775 people and infected more than 70,000 others, mostly in mainland China. There are some signs that new cases are growing at a slower rate now, although the World Health Organization said Monday it's "too early to tell" if this will continue.

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Apple will miss quarterly earnings estimates due to coronavirus

Apple CEO Tim Cook

Apple issued a rare earnings warning on Monday, saying it would not meet quarterly revenue expectations due to the impact of the coronavirus, which will limit iPhone production and limit product demand in China.

Why it matters: Lots of companies rely on China for production, but unlike most U.S. tech companies, Apple also gets a significant chunk of its revenue from sales in China.

America's dwindling executions

The Trump administration wants to reboot federal executions, pointing to a 16-year lapse, but Pew Research reports the government has only executed three people since 1963.

The big picture: Nearly all executions in the U.S. are done by states. Even those have been steadily dropping for two decades, per the Bureau of Justice Statistics (BJS) — marking a downward trend for all executions in the country.