This deal includes the promise of a Senate vote next month on renewing the expiring Affordable Care Act tax credits. But House Speaker Mike Johnson refuses to commit to a vote even if a Senate bill passes. To bypass Johnson, House Democrats plan to file a discharge petition that would extend the subsidies for three years.And that means all Democrats, in addition to four Republicans, must sign on to force a House vote. How likely is this to play out. Yeah.Well, as you know, the Senate promised that they woul ...

Joining me now is former Health and Human Services Secretary during the Obama administration, Kathleen Sibilius. Uh, Madam Secretary, thank you for joining us. >> Glad to be here.>> Um, the Senate gave themselves a December deadline to try to address health care costs, but open enrollment obviously is already underway now. Is it already too late to address this issue for people next year. >> Well, it's very um tricky.people are going to have to at least shop online. Now, I think they may hold off to the las ...

And joining us now is Democratic Senator Gene Shaheen of New Hampshire. She's one of the eight Democrats who voted with Republicans to reopen the government and was directly involved in shutdown negotiations. Senator Shaheen, first I have to thank you for your patience uh with all that breaking news this morning.I know you've been waiting for a while. We really appreciate you doing that and joining us for this conversation. >> You of course have faced Thank you.You've faced a lot of criticism, I know, from ...

I'm Joe Frier. >> And I'm Savannah Sers. We're going to begin this morning with the fallout from the tens of thousands of documents released in connection to the late sex offender Jeffrey Epstein.President Trump was seen avoiding reporters yesterday as he continues to dismiss questions over what he's calling a hoax after the House Oversight Committee released emails sent by Epstein from 2011 to 2019 with some mentioning Trump by name. >> Now, former victims of Epstein are speaking out. They're calling on Co ...

Government Intervention - Government policies like the Affordable Care Act, Inflation Reduction Act, student loans, and public housing have unintended negative consequences [1] - Government intervention is identified as the problem, not the solution [1]

Congresswoman Adelita Grijalva. Welcome to Washington and welcome to Bloomberg TV and Radio. It's great to see you.You have been a member of Congress for less than 24 hours, and we were compelled by your words following your swearing in. We have a lot of things we want to ask you about, but I'm going to start with what you said, highlighting the fact that 50 days saw 800,000 Arizonans left without access to the basic services that every constituent deserves. You called it an abuse of power.Congresswoman, is ...

I want to bring in Arizona Democratic Congresswoman Yasmin Ansari, member of the House Oversight Committee. Uh first, I want to get your take on the president getting personally involved here, uh trying to use some pressure on rep your Republican colleagues to change their vote, going so far as to bring one of them into the situation room. >> First of all, thank you so much for having me.I think the president's personal involvement in trying to pressure and threaten Republican members of Congress to remove ...

Healthcare Industry Challenges - Healthcare insurance premiums are likely to rise sharply next year [1] - The current healthcare system sees inflation far outpace inflation in other arenas [3] - High cost of healthcare, drug development, and skyrocketing healthcare costs in facilities contribute to a system built 80 years ago with built-in inflation [6] - 100 million Americans don't have access to employer-sponsored health insurance [6] - If the uninsured rate increases, it will reverse to an $80 billion problem over the next 10 years [7][8] Affordable Care Act (ACA) Impact - 50% of American small businesses use the Affordable Care Act, and small businesses contribute 50% of the GDP [4] - 27% of farmers use the Affordable Care Act, with the average farmer making $60,000 per year gross [4] - The Affordable Care Act has reduced the uninsured rate from 15% to 8%, saving $10 billion per year in uncompensated care and charity costs [7] - 75% of the people in the ACA today are from red states [5] Proposed Solutions & Perspectives - Proposes creating a qualified account for healthcare spending, putting consumers in charge of buying the product to impact price [9][10] - Suggests redoing the whole system and using the individual market as a single risk pool [12] - Advocates for subsidies to be put into Health Savings Accounts (HSAs) [14] - 40% of Americans borrowed $74.9 billion from banks last year to pay their out-of-pocket costs for healthcare [15] - Argues for evolving the current system, emphasizing the network and risk pool concepts [17][18]

Core Insights - The current open enrollment period is leading to significant changes in health care plans, with millions expected to see sharp increases in insurance premiums next year [1][2] - The health care system is facing ongoing issues, including rising costs and confusion surrounding subsidies, particularly in relation to the Affordable Care Act (ACA) [3][4] Health Insurance Industry Overview - Approximately 50% of American small businesses utilize the ACA, which is crucial as small businesses represent 50% of the GDP [4] - Farmers, who average a gross income of $60,000, are particularly affected, with premiums expected to rise from $75 to $300 due to the end of enhanced subsidies [4][5] - Currently, 100 million Americans lack access to employer-sponsored health insurance, highlighting a significant gap in coverage [6] Economic Impact - The ACA has reduced the uninsured rate from 15% to 8%, saving $10 billion annually in uncompensated care costs [7] - If the uninsured rate increases again, it could lead to an $80 billion problem over the next decade [8] Proposed Solutions - A suggestion to create a qualified account system is presented, allowing consumers to manage their healthcare spending, which could help control costs [10][11] - The idea of Health Savings Accounts (HSAs) is discussed as a way to empower consumers to make informed choices about their healthcare [15][17] - The need for technology and support to help individuals select appropriate plans and manage out-of-pocket costs is emphasized [12] Political Landscape - There is a call for evolving the ACA rather than completely replacing it, with a focus on providing subsidies where needed [17][19] - The discussion includes the potential for competition to drive down costs, but concerns remain about where the margins will be affected within the healthcare system [21][22]

We got the president uh signing that bill upon the government ending what is now the longest shutdown in US history. Emily Wilkins joins us in Washington with the latest. Good morning. >> Hey Andrew. Well, yeah. After 43 days, the government shutdown is now over, longest in history. So that vote last night, you saw all but two House Republicans voting to reopen the government. You saw six Democrats that crossed the aisle to join them. And then of course as you're seeing there, Donald Trump signing that bill ...