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Live updates: Trump cancels Iran strike plan; Medicare subsidy move cuts against midterm message

President Trump is holding off on a massive attack on Iran despite warning that the U.S. “locked and loaded and ready to go,” citing a request by Iran and Middle East countries tied to …

The Hill By jfeldstein Captured Aug 2, 2026, 1:18 PM
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President Trump is holding off on a massive attack on Iran despite warning that the U.S. “locked and loaded and ready to go,” citing a request by Iran and Middle East countries tied to the outline of a deal being agreed upon.

“Based on this request, I have agreed, for the future benefit of the WORLD and, likewise, the survival of a successful and prosperous Iran, to cancel the attack, subject to being able to rapidly make a DEAL,” Trump wrote on his Truth Social platform late Saturday night.

Meanwhile, Trump ending a subsidy program that helped keep costs down for Medicare drug coverage could undermine his administration’s message of affordability and cutting drug costs ahead of the November midterms.

Dan Sullivan (R) is running for reelection — while facing a primary challenge from another Dan Sullivan.

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