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 NHS budget had increased by £12.7 billion since 2010, maintained the Department of Health, in the face of searing criticism for the National Audit Office about the amount of bailouts given to failing trusts.
The government said the majority of health providers were still in financial balance or better and said reforms had allowed doctors to "control their own budgets".
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.