🎯 Axios PM: GOP tries again

Good afternoon. Today's newsletter, edited by Sam Baker, is 442 words, a 2-min. read. Thanks to Sheryl Miller for copy editing.

President-elect Trump urged Republicans to support a new agreement to fund the federal government, after torpedoing an earlier version of the bill.

• The House is expected to vote tonight, Axios' Andrew Solender reports.
• The new agreement, which Speaker Mike Johnson (R-La.) unveiled this afternoon, would fund the government through March and suspend the debt ceiling for two years.
• It also includes $100 billion in disaster aid.

👍 Trump endorsed the deal on Truth Social, calling it "a very good Deal for the American People."

📝 The revisions capped off a chaotic week in which lawmakers thought they had a bipartisan deal, only to see it crumble as Elon Musk amplified conservative criticisms on X.

• Democrats will likely get behind the new version, congressional sources tell Axios.
• "Honestly, if they put what they are proposing right now on the floor three weeks ago, it would've gotten a lot of votes," one senior House Democrat said.

Read the bill.

The U.S. spent just under $5 trillion on health care last year, according to new federal data.

💸 Why it matters: Almost everyone in politics, from both parties, agrees that's too much.

• The U.S. spends about twice as much per person as other wealthy nations. Americans are less healthy than many of those countries' populations.

🧾 Who pays: The federal government pays the biggest share of health care bills, at $1.6 trillion last year. But almost as much — $1.3 trillion — comes directly out of Americans' pockets and paychecks.

Congress has the opportunity to establish a national standard requiring app store parental consent and age verification for teens under 16. Parents support it.

Here's why: Putting parents in charge of teen app downloads helps them keep teens safe online.

Tell Congress: act now.

1. ⚖️ Luigi Mangione now faces four federal charges in the death of UnitedHealthcare CEO Brian Thompson, in addition to charges in New York and Pennsylvania. Go deeper.
2. 🛑 A Georgia appeals court disqualified prosecutor Fani Willis from President-elect Trump's state 2020 election interference case. Go deeper.
3. 🎁 MacKenzie Scott said she donated another $2 billion this year to a total of 199 organizations. She has now given away more than $19 billion since 2019 — and still has an estimated net worth of $37 billion. See the recipients.

Work is set to begin this summer on $800 million worth of renovations to Capital One Arena, the home of the Washington Wizards and Capitals.

• The 27-year-old arena is set to get a major exterior face-lift as well as updated concourses, concessions areas and VIP lounges.
• Locker rooms and other amenities for players are also getting a refresh, Axios D.C.'s Cuneyt Dil reports.

🔨 Work is expected to last through mid-2027. The city agreed to finance the renovations in exchange for keeping the arena in Washington.

Instagram Teen Accounts are designed to address parents' biggest concerns, providing automatic protections for who can contact their teens and the content they can see.

The impact: Built-in limits give parents more peace of mind when it comes to protecting their teens.

Learn more.