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Jeffries says House Democrats will push for extension of Affordable Care Act tax credits
NBC News· 2025-11-12 19:47
Today, House Democrats will introduce legislation to extend the Affordable Care Act tax credits for three years to make sure that tens of millions of Americans don't experience dramatically increased premiums, co-pays, and deductibles. We believe that workingclass Americans, middle-class Americans, and everyday Americans deserve the same level of certainty that Republicans always provide to the wealthy, the welloff, and the well-connected. The same level of certainty.And so, we're calling upon our Republica ...
'99% of us will vote no': Dem Rep. blasts Senate-backed government funding bill
MSNBC· 2025-11-12 19:33
I want to bring in Democratic Congressman Brendan Bole from Pennsylvania, ranking member of the House Budget Committee. Congressman, it's good to see you again. And I understand you just came from a Democratic caucus meeting.What can you tell us about it. >> Well, I can tell you that in that room, uh, every single person who spoke up talked about what a terrible uh, deal this is. Frankly, not even an agreement.It is something um that makes sure the health care crisis imposed by Republicans continues in this ...
First Solar: Regulatory Headwinds Meet Mixed Booking Trends (Downgrade)
Seeking Alpha· 2025-11-12 14:30
I previously covered First Solar, Inc. (NASDAQ: FSLR ) in August 2025, discussing why its risk-reward profile was a lot more compelling upon clarity from One Big Beautiful Bill, with the 45x tax credits likely to sustain its rich profit margins.I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via ...
Democratic leader offers deal to reopen government, but Republicans sneer
CNBC Television· 2025-11-07 21:48
Hey, Scott. So, yeah, hearing from a couple different folks here. Number one, I am hearing uh from a couple Republican aids that this offer now made by the Democrats that they will vote to reopen the government if Republicans provide a one-year extension of those Affordable Care Act tax credits is not going to be accepted by Republicans.I was told that this offer was actually made several weeks ago, that it was rejected by Republicans. We're also now seeing a statement come out from the White House on this. ...
Democrats offer to reopen government if health care subsidies are extended one year
CNBC Television· 2025-11-07 20:26
a fallout from the government shutdown and the airlines are actually green. Let's just bring in Emily Wilkins now to give us the breaking news on what we're learning out of the nation's capital as this stalemate has continued. Um Emily, what do we know.Scott, we just saw a brand new offer on the floor from Chuck Schumer and Senate Democrats, basically telling Republicans that they will vote with them to reopen the government as long as Republicans can agree with them to provide a one-year extension of those ...
AES(AES) - 2025 Q3 - Earnings Call Transcript
2025-11-05 16:00
Financial Data and Key Metrics Changes - Adjusted EBITDA for Q3 2025 was $830 million, up from $698 million in the previous year, driven by growth from new renewables projects and rate-based investments in U.S. Utilities [19] - Adjusted EPS increased to $0.75 per share compared to $0.71 in the prior year, influenced by similar drivers as adjusted EBITDA [22] - The company has realized the majority of the $150 million in cost savings for the year and is on track to achieve a $300 million annual run rate in 2026 [20][26] Business Line Data and Key Metrics Changes - Renewables EBITDA saw a 46% increase year to date, primarily due to the organic growth of new projects and the maturation of U.S. Renewables businesses [6][30] - The U.S. Utilities segment is focused on maintaining affordability while addressing increased demand, with a rate increase request that is less than the cumulative impact of inflation since the last adjustment [14][17] - The Energy Infrastructure segment's higher EBITDA reflects the acquisition of the remaining ownership in the Cochrane coal plant and the commencement of operations at the Gatun gas plant [24] Market Data and Key Metrics Changes - The company signed 2.2 gigawatts of new Power Purchase Agreements (PPAs) year to date and expects to sign an additional 1.8 gigawatts by year-end [5] - The U.S. backlog is 7.5 gigawatts, with an additional 4 gigawatts in the pipeline, all of which are safe harbored [11] - The company is experiencing strong demand across the sector, particularly from data centers, with a focus on time to power [10] Company Strategy and Development Direction - The company is committed to executing its plan and is well-positioned for growth into 2026, reaffirming its full-year 2025 guidance and long-term growth rates [4][30] - The strategy includes a focus on larger, more profitable projects, with an average project size increase of over 50% in the past five years [7][53] - The company is leveraging its safe harbor pipeline and robust domestic supply chain to meet growing energy demand [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving strategic and financial objectives, highlighting a clear line of sight to EBITDA growth through ongoing construction projects [30] - The company anticipates a strong step-up in growth rates over the next two years, with a long-term growth rate of 5% to 7% through 2027 [26][27] - Management noted that the energy infrastructure segment's drag from asset sales and coal retirements is expected to lessen, allowing for more robust overall growth [39] Other Important Information - The company has a capital allocation plan that includes returning over $500 million in dividends to shareholders while investing approximately $1.8 billion toward new growth [28] - The company has repaid approximately $400 million of subsidiary debt, maintaining a strong balance sheet consistent with its investment-grade credit ratings [29] Q&A Session Summary Question: Long-term growth outlook and asset sales impact - Management reaffirmed the 5% to 7% growth guidance through 2027, with the $400 million in EBITDA expected from projects coming online in 2027 and beyond [36][38] Question: Parent funding and balance sheet capacity - The focus is on strengthening the balance sheet and maintaining investment-grade ratings, with no plans to issue equity in the near term [42][44] Question: Demand acceleration and data center interest - Strong interest from data centers is noted, with a focus on larger, more profitable projects rather than just the number of gigawatts [51][53] Question: Energy storage demand and opportunities - Energy storage is critical for meeting growing demand, with strong demand expected for both behind-the-meter and grid services [56][57] Question: Utility opportunities and IRP update - Advanced negotiations are ongoing, with expectations to announce deals soon, focusing on building transmission and generation capacity [65][66] Question: Powered land opportunity details - The powered land solution involves co-locating data centers with existing power projects, providing a site for development along with an associated PPA [68][100]
Republicans ‘should’ eliminate filibuster or work with Democrats on shutdown, House Democrat says
NBC News· 2025-10-29 21:30
As the shutdown drags on, the pressure is on more and more Americans set to become more severe. And both parties are framing the looming lapse in food assistance for millions of Americans known as SNAP and the looming spike in health care premiums as a way to force the other side to make concessions. Look, on November 1st, more than people in people in more than 30 states are going to be a gasast a gasast when they see their bills and they're going to cry out.And I believe there will be increased pressure o ...
X @Investopedia
Investopedia· 2025-10-25 18:00
If enhanced Affordable Care Act (ACA) tax credits are allowed to expire, Americans may face steep health insurance premium hikes. Early retirees are especially at risk. https://t.co/MkRsw7Kljl ...
George Kamel Reacts To the Worst Online Tax Advice
Yahoo Finance· 2025-10-23 17:00
Core Insights - The IRS has penalized American taxpayers over $162 million for falsely claiming tax credits, often influenced by misleading online advice [1] Group 1: Tax Misconceptions - Misleading tax advice from social media influencers and scammers has become common, making fact-checking essential to avoid legal issues [1] - A popular misconception is that receiving a raise leads to a higher overall tax burden, which is a misunderstanding of the U.S. progressive tax system [4][5] Group 2: Tax Strategies and Legalities - The "Overseas Zero Tax Strategy" suggests that moving to different countries can legally avoid income taxes, but U.S. citizens must report all income earned abroad [3][4] - Claims of writing off personal expenses as business deductions are often illegitimate; the IRS requires that deductions be "ordinary and reasonable" [6][7]
X @Bloomberg
Bloomberg· 2025-10-21 11:45
The doubling of California’s film and TV tax credits to $750 million a year is showing promise in bringing production back to the state https://t.co/bO8bqqleOD ...