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Sen. Dave McCormick on 2026 priorities, future of health care and U.S. debt problem
CNBC Television· 2025-12-22 13:18
Government Accountability and Transparency - Senator McCormack initiated a letter to shareholders, mirroring practices from his business background, to enhance accountability and transparency with Pennsylvania constituents [1][2][3] - The letter aims to report on promises made, deliverables achieved, shortcomings identified, and future expectations, fostering engagement and forthright communication [2][3] Key Policy Areas and Progress - Senator McCormack highlighted progress in slowing the flow of fentanyl across borders, citing President Trump's agenda and congressional legislation, though noting 4,000 Pennsylvanians died from it last year [4] - Energy dominance and unlocking energy resources in Pennsylvania and America are identified as significant achievements [5] - Permitting reform is an area where faster progress is desired [6] - The working families tax cut, attributed to the Trump administration and Congress, has increased disposable income for American families [6] Challenges and Future Focus - Healthcare costs, energy prices, and housing prices require further attention and reduction [7] - The national deficit and $38 trillion of debt are significant concerns needing substantial progress [7] - The Affordable Care Act is viewed as failing to deliver lower costs, improved quality, or greater access, necessitating healthcare reform with transparency, competition, and consumer choice [11] - COVID subsidies are a point of contention, with Republicans unlikely to support their extension in current form due to fraud and subsidies for high-income earners [13] Fiscal Policy and Economic Growth - The current fiscal path is unsustainable, requiring a bipartisan process to address debt and deficit [19][21] - Senator McCormack expressed hope that appropriations bills could be passed to bend the spending curve [20] - Pro-growth policies, deregulation, energy dominance, and foreign investment are expected to drive strong economic growth [24][25] - Ensuring working families participate in economic growth remains a priority [26]
X @Bloomberg
Bloomberg· 2025-12-19 17:31
One of the Conservative Party’s most prominent donors in recent years has shifted his residency away from the UK, the latest in a line of departures as the nation raises taxes on well-heeled residents https://t.co/s2mDbAoHSe ...
‘I don't know how much my wife earns': I'm 63 with $6.4 million in stocks, mostly Apple. Will I get punished on taxes?
MarketWatch· 2025-12-18 13:51
Core Insights - Each property owned by the company is valued at over $1 million [1] Group 1 - The company has a portfolio of properties, each exceeding a valuation of $1 million [1]
Wylde on willingness of business leaders to work with Mamdani #politics #shorts #mamdani #nyc
Bloomberg Television· 2025-12-17 22:36
When you get into a conversation with CEOs, they want to hear data. They want to hear facts. And I have watched him evolve and grow over the last eight months where we had conversations last week, one on housing, one on child care, where he was there with a pen and a notebook, taking notes, asking questions, and coming back with very substantive responses.So he has absorbed a lot and is now digging deep on these issues that um you know Ken Griffin expressed concern about the fact that uh he made a lot you k ...
Joint vs. Separate: How couples can owe thousands more in taxes
Yahoo Finance· 2025-12-17 19:48
Taxes feel overwhelming for a reason since the rules aren’t one-size-fits-all. In this episode of Living Not So Fabulously, tax expert George Azar breaks down when married filing jointly actually saves money and when it can quietly cost couples thousands. Learn how to make smarter filing decisions that fit your real life. For full episodes of Living Not So Fabulously, listen on your favorite podcast platform or watch on our website here: https://finance.yahoo.com/videos/series/living-fabulously/ #youtube #l ...
X @Wendy O
Wendy O· 2025-12-11 17:25
DOES THIS MEAN WE CAN SEND ALL PREDICTION MARKETS NOW?Watcher.Guru (@WatcherGuru):JUST IN: 🇺🇸 President Trump considers eliminating taxes on gambling winnings. https://t.co/hErigtE7wf ...