This would be the saddest thing Ive ever heard if it wasnt the funniest thing Ive ever heard ... Seth Meyers Photograph: YouTube

Late-night hosts on Wednesday took aim at Trumps fake Time magazine cover and the GOPs hugely unpopular healthcare legislation, the vote for which was delayed on Tuesday after failing to receive enough support from Republican senators.

Samantha Bee, of Full Frontal, began: Last week, Mitch McConnell and his gang of 12 finally unveiled their super-secret Obamacare repeal bill. Guess what the big secret was?

Bee went on to slam the bill, which includes huge cuts to Medicaid. Its called trickle-down, she said. Poor people will still get access to the antibiotics that rich people shed in their urine. It turns out, 13 rich white guys alone in a room isnt how good legislation happens. Its how Suicide Squad happens. But while Suicide Squad destroys your will to live, this bill destroys your ability to live.

Most people like Medicaid, including Republican people. Who the hell asked you to gut it by sending it to the states and capping its growth rate? she asked. Medicaid is the reason we dont have gangs of elderly people roaming the streets, robbing us of our soft food and sharing their thoughts about Asian people. Allowing states to cap Medicaid benefits also threatens the expensive long-term care that was so very important to Republicans back when it was keeping Terry Schiavo alive.

Bee then tore into Paul Ryan, who said hed been dreaming about the legislation since drinking out of a keg in college. While most college guys in the 90s were fantasizing about Pamela Anderson, Bee joked, Paul Ryan was jerking it to thoughts of poor people losing healthcare to pay for tax cuts. Easy there, cowboy! You might not be covered for carpal tunnel and blindness.

Amazingly, Mitch McConnells annotated copy of Atlas Shrugged wasnt greeted with unfettered senatorial rapture, Bee said. But dont put your sharpies and poster board away yet.

Stephen Colbert took aim at the legislation as well, a new version of which could be voted on after the Fourth of July recess.

The Senate Trumpcare bill suffered some setbacks this week because theres one major flaw to the legislation, he began. I dont want to get too wonky, but its a hot pile of garbage.

Yesterday, Senate majority leader and man trying to keep a bird from escaping his mouth Mitch McConnell announced that voting on the bill would be delayed until after the Fourth of July. Its a smart move. You dont want to strip people of healthcare until after the holiday that mixes booze and explosives.

Colbert continued: While theyve pulled the bill, Republicans say theyre going to come back with something better. And theres a lot of blame to go around. Today, the New York Times said Donald Trump faltered in his role as a closer. Usually, hes a great closer. Just look at his casinos. But you cant. Theyre gone.

The host then discussed the Times report, which detailed some of the internal efforts to get the bill passed. One Republican senator said the president did not have a grasp of some of the basic elements of the Senate plan, Colbert said, before beginning his impersonation of the president. Whoa, slow down. Slow down. Start from the beginning. Whats a Senate? And, follow-up question, whats a plan?

Trump claims he does understand the plan, Colbert continued, tweeting: Some of the fake news media likes to say that I am not totally engaged in healthcare. Wrong, I know the subject well and want victory for US.

He totally understands healthcare, Colbert quipped. He thinks you can win it.

Seth Meyers of NBC addressed healthcare legislation and the Washington Post report saying the president hangs a fake Time Magazine cover in many of his resorts and hotels.

This week the CBO projected that the GOP healthcare bill could leave 22 million more people uninsured, he began. So what has Trump been up to? Well, yesterday, he got up bright and early to retweet four different stories in a row from Fox & Friends attacking the Russia investigation and the Democrats.

Meyers continued: One of the stories Trump retweeted was a link to a monologue from Fox host Sean Hannity, whose surgery to have those bolts removed from his neck was apparently successful.

Trump is so obsessed with praise from the media that according to the Washington Post, he keeps this framed Time magazine cover hanging in several of his golf clubs, Meyers said. Cool cover, flattering photo. Just one problem. The Time cover is a fake. Thats right, Trump hung a fake Time Magazine cover with his face on it in his private golf club. That is the literal definition of fake news. This would be the saddest thing Ive ever heard if it wasnt the funniest thing Ive ever heard.

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'The literal definition of fake news': late-night hosts on Trump's Time cover - The Guardian