The Government pumped more than half a billion pounds of emergency funds into cash-strapped NHS trusts last year, according to a "deeply alarming" report.
The MP who chairs the influential Public Accounts Committee said the findings by the National Audit Office showed "the future sustainability of the NHS is at risk".
The £511 million diverted to failing hospital trusts shows the "NHS is heading for the rocks", according to Labour.
Shadow Health Secretary Andy Burnham said the report on emergency funds used to prop up NHS bodies slipping into debt was a "devastating verdict" on coalition reforms.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.