We are just 356 days away from the midterm. So, let's start with a very important question tonight. How much work have you done over the last 8 weeks or so.Because that is almost as long as House Republicans have been off the clock, but that ends tomorrow. That is when the House is expected to vote on the Senate approved deal to end the shutdown. The rules committee met to discuss it tonight.Minority Leader Hakee Jeff is pushing all Democrats to vote no. If that happens, Republicans could only afford two no ...

Government Shutdown & Political Stance - A potential government shutdown looms due to disagreements on tax and healthcare policies, with Republicans blaming Democrats [1] - Democrats are resisting a Republican spending bill, citing concerns over healthcare cuts and the expiration of the Affordable Care Act (ACA) subsidies [1] - The White House and Democrats are in a standoff, with little incentive for Democrats to vote for continued government funding due to trust issues and past actions [1] - The expiration of ACA subsidies is a key point of contention, potentially affecting tens of millions of Americans with increased healthcare costs [1] - Both parties believe they can politically benefit from a shutdown, blaming each other for the consequences [2] Potential Impact - A government shutdown could disrupt essential services and negatively impact the lives of ordinary citizens [1][3] - The shutdown could lead to real-world consequences for individuals who have no say in the political decisions in Washington [3] Negotiation Dynamics - The White House's approach to negotiations is questioned, with accusations of insincerity and a focus on political maneuvering [1] - Democrats are seeking to protect healthcare and may view ACA subsidies as a key negotiation point [1]

Government Shutdown Stance - The administration opposes using policy disagreements as leverage to shut down the government and halt essential services [1] - The administration accuses Democrats of holding the American people hostage by demanding everything they want or shutting down the government [2][5] - Republicans advocate for a clean continuing resolution to fund the government and allow more time for bipartisan negotiations [12] - A government shutdown would have damaging consequences for the country [34] Spending and Negotiation - Democrats initially proposed a $15 trillion spending package, which Republicans deemed absurd [3][14] - Democrats are requesting $15 trillion in new spending unrelated to the ongoing appropriations process [14] - Democrats want to restore taxpayer-funded benefits to illegal aliens [4][14] - The administration is against including $15 trillion on a short-term continuing resolution [24] Healthcare Policy - The administration acknowledges that American healthcare policy is broken and expresses willingness to work with Democrats to fix it [6][7][31] - Democrats are accused of supporting the policies that have led to the current problems in American healthcare [7] - Democrats want to claw back the $50 billion allocated to rural hospital support [32] Potential Consequences of Shutdown - A government shutdown would result in unpaid troops and federal workers, and halt essential services [1][33] - Programs like WIC (Women, Infants, and Children) and FEMA would not be funded during a shutdown [33] - Telehealth and mental health services funded by the government would be halted [34]

Core Insights - Tenet Healthcare reported strong Q2 2025 earnings, with adjusted EPS of $4.02, significantly exceeding Wall Street expectations of $2.87, and revenue of $5.27 billion, surpassing GAAP forecasts of $5.16 billion [1][5][10] Financial Performance - Adjusted EPS increased by 74% year-over-year from $2.31 to $4.02 [2] - Revenue grew by 3.2% from $5.11 billion in Q2 2024 to $5.27 billion in Q2 2025 [2] - Adjusted EBITDA rose 18.6% to $1.12 billion compared to $945 million in Q2 2024 [2] - Free cash flow reached $743 million, a 23.4% increase from $602 million in Q2 2024 [2][8] Segment Performance - Ambulatory Care segment saw net operating revenue increase by 11.3% to $1.27 billion, with adjusted EBITDA rising 11.4% [6] - Hospital Operations revenue grew modestly by 0.9% to $4.00 billion, with adjusted EBITDA up 25% [7] - Same-hospital admissions increased by 1.6%, while outpatient visits and emergency room visits declined by 3.2% and 4.7%, respectively [7] Strategic Focus - Tenet Healthcare is focused on optimizing its portfolio for growth and profitability, emphasizing the expansion of its outpatient services through United Surgical Partners International (USPI) [3][4] - The company is divesting underperforming hospitals and shifting care to outpatient settings, which are seen as more cost-effective [4] Future Guidance - The company raised its full-year FY2025 guidance, projecting adjusted EBITDA between $4.40 and $4.54 billion and adjusted EPS between $15.55 and $16.21 [10] - Revenue is expected to reach between $20.95 and $21.25 billion, with ambulatory net operating revenues projected between $5.0 and $5.15 billion [10]