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Debunking claim that Democrats want to give undocumented immigrants health care
NBC News· 2025-10-01 22:22
Right. What is this shutdown about. In the eyes of the Democrats here, it is about specifically healthcare.What does that mean. Let's start with the big picture, specifically on Obamacare. 24 million people get their insurance through Obamacare, aka the Affordable Care Act, right.Same thing. All of them, almost all of them, 90 plus%, the vast majority, they get a tax credit, which basically keeps their premiums down. This is a credit that's supposed to go away at the end of the year.Okay, that goes away. If ...
How will the government shutdown actually impact you
NBC News· 2025-10-01 22:10
Overnight, Capitol Hill put up a big close for business sign. I'm sure when you woke up this morning, you had a lot of questions about how this is going to impact your daily life, like, "What about my mom's Medicaid? Will my 401k be affected?" Maybe you asked, "Why do I even need to care?" So, we decided to phone some friends around NBC News and get some of these questions answered for you. I'm a little less worried about Wall Street because Wall Street stock market prices reflect corporate profits and comp ...
Summers Says Shutdown Is All About Healthcare
Bloomberg Television· 2025-10-01 20:27
One place where there certainly is nothing bipartisan, at least at the moment, is on the fiscal side. We now have seen a true impasse in the Congress leading to a government shutdown. Let me ask you basically what I think a lot of Americans wonder.What is this about. What are we fighting about. Fundamentally, we're fighting about the future of American health care. We're fighting about whether budgets are going to be cut in ways that are going to slash eligibility and ability to get care for millions of Ame ...
Jeffries Says GOP Healthcare Crisis Is Devastating
Bloomberg Television· 2025-10-01 19:12
Democrats have repeatedly made clear. We are ready to sit down with anyone at any time and at any place in order now to reopen the government to enact a spending agreement that meets the needs of the American people. And to address the devastating Republican health care crisis.That has caused extraordinary harm on people all across the country. In rural America, working class America, urban America, small town America, the heartland of America and black and brown communities throughout America. The Republic ...
Steve Rattner: GOP doesn't talk about repealing Obamacare, but that is what they are doing
MSNBC· 2025-10-01 16:27
GOP is repeating what the New York Times calls a new and misleading talking point that Democrats are shutting down the government to fund free health care for unauthorized immigrants. The false assertion, false, has been repeated by Vice President J. D.Vance and Speaker Mike Johnson along with the president himself. Here's what is important to note. Undocumented immigrants have long been prohibited from taxpayer funded Medicaid coverage except for treatment in emergency medical situations.They also do not q ...
Pres. Trump's deal with Pfizer is pretty devastating to PBMs and insurance companies: John Lamattina
CNBC Television· 2025-10-01 11:34
President Trump announcing a deal with Fizer. The drug maker will be selling medication directly to consumers through a new website that's called Trump RX. The company won't face Pharma specific tariffs as long as it invests in US manufacturing.Joining us right now is John Lamatina. He is a senior partner at Pure Tech Health and he's also the author of multiple books on the industry including Pharma and Profits: Balancing Innovation, Medicine, and Drug Prices. He's also the former president of Fizer Global ...
1.3 million people won't get paid if government shuts down, says PIMCO's Libby Cantrill
CNBC Television· 2025-09-30 18:58
Because when you hear shutdown, it's easy to assume that everything I mean the entire store is closed. Not the case. Let's welcome in Pimco's head of public policy, Libby Cantrill.Uh Libby, welcome. Um lot of 750,000 people, huge potential impact. But I do want to remind our audience that I think this is critical because a lot of people are scared.People get social security, they they use Medicare for healthcare. They're scared. Let's be very clear.During a quote shutdown, people still get social security. ...
Pfizer to invest $70B in US manufacturing facilities, CEO says.
Yahoo Finance· 2025-09-30 17:50
Today, Fiser is committing to offer all of their prescription medications to Medicaid, and it will be at the most favored nation's prices. It's going to have a huge impact on bringing Medicaid costs down uh like nothing else. In addition, Fiser is agreeing to provide some of their most popular current medications to all consumers at heavily discounted prices of anywhere between 50 and even 100%.That's off the price and in some cases even more than that. These drugs will be available for direct purchase onli ...
Trump announces agreement with Pfizer to lower Medicaid drug prices
CNBC Television· 2025-09-30 17:30
Today, Fiser is committing to offer all of their prescription medications to Medicaid, and it will be at the most favored nation's prices. It's going to have a huge impact on bringing Medicaid costs down. This is a critical step forward to our work and to improve healthcare and hardworking lowincome Americans, especially low-income Americans, will be helped so greatly.In addition, Fiser is agreeing to provide some of their most popular current medications to all consumers at heavily discounted prices of any ...
Trump: Pfizer agreed to heavily discount prices for some current drugs
CNBC Television· 2025-09-30 16:46
President Donald Trump speaks from the Oval Office to announce that Pfizer has agreed to take measures to lower U.S. drug prices, including selling its existing drugs to Medicaid patients at the lowest price offered in other developed nations. ...