Obamacare Subsidies
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Trump sparks market shock with MAJOR marijuana move
Youtube· 2025-12-19 14:00
I'd like to see the money that is going to the insurance companies by the hundreds of billions of dollars. The stocks are up through the roof over a fairly short period of time because they're getting vast amounts of money. I want that money to go to the people directly and let the people buy their own health care and uh they'll get much better health care than they get with the unaffordable care act. let the money go directly to the people and let them buy their own healthcare.>> President Trump along with ...
House Panel Releases Additional 20K+ Epstein Documents | Balance of Power 11/12/2025
Bloomberg Television· 2025-11-13 01:17
Government Shutdown & Fiscal Policy - The House is expected to vote to reopen the government after a shutdown of over 50 days [4][13] - Democrats claim Republicans are blindly loyal to Donald Trump and not interested in addressing the rising costs impacting American people [6] - Republicans accuse Democrats of filibustering important spending bills, including those for food stamps, air traffic controllers, and TSA agents [64] - A potential government shutdown looms in January, with a 50/50 chance of it occurring [12][84] - Discussions around healthcare and the Affordable Care Act (ACA) are needed, as rates are increasing for the American people [85][88] Healthcare & ACA - Democrats emphasize the issue of affordability, stating Republicans have done nothing but raise prices for working families [11] - The debate over extending Obamacare subsidies is ongoing, with potential votes in the House and Senate [12] - Republicans express concerns about the structure of ACA subsidies, alleging waste, fraud, and abuse, with funds padding the pockets of insurance companies [68] - There is a need to address the rising cost of healthcare, with potential negotiations and conversations to reform or replace Obamacare [64][69] - The President suggests sending cash directly to people to negotiate with insurers, but Democrats are asking for the Republican plan to replace or reform Obamacare [69] Epstein Files & Transparency - Newly released emails related to Jeffrey Epstein are intensifying scrutiny over President Trump's relationship with the disgraced financier [3][19][44] - A discharge petition to release the Epstein files has reached 218 signatures, potentially leading to a vote in early December [3][14][16] - The White House claims the emails are a distraction from the Democrats as they try to navigate the shutdown [22] - There are legal questions surrounding the emails and whether they create legal exposure for President Trump [48] - The release of the files is about accountability and listening to the demands of the American people [17] Economic Indicators & Federal Reserve - Subprime borrowers at least 60 days past due on car payments are rising to 665%, the highest rate since data collection started 30 years ago [80] - The Atlanta Fed President plans to retire at the end of his current term in February [57] - A potential quarter-point rate cut by the Federal Reserve is in question, with policymakers divided about the outlook for policy [61]
Unofficial Shutdown Talks Make Little Progress in Senate
Bloomberg Television· 2025-10-16 18:46
Government Shutdown & Obamacare Subsidies - The industry anticipates Republicans will eventually concede on Obamacare subsidies due to timeline pressures [1] - The industry believes Democrats are increasingly confident in their position regarding the shutdown, potentially due to a perception that Republicans will be blamed [3] - The industry notes the administration is focused on international negotiations (Israel, Ukraine, trade with Xi) and may be less engaged in resolving the congressional shutdown [6] - The industry expects pressure to resolve the shutdown will increase around November 1st with the announcement of new insurance premiums [7] - Republican governors may pressure legislators to extend Obamacare subsidies due to Medicaid funding dependencies [8] Political Strategies & Potential Outcomes - The industry observes the administration is preparing for a prolonged shutdown [5] - The industry suggests a vote on Obamacare subsidies alone may no longer be sufficient for Democrats; they now seek a specific outcome [4] - The industry highlights the potential for Republican members to support extending subsidies, even with conditions like income caps or expiration dates [9][10][11] - The industry acknowledges the difficulty in ending government programs, suggesting that even temporary extensions of subsidies may become permanent [12] - The industry views votes on funding bills (DOD, NDAA) as a strategy to pressure Democrats [15] - The industry believes the CR (Continuing Resolution) will likely remain unresolved until the pressure from subsidy issues intensifies around November 1st [16]
Watch CNBC's full interview with White House National Economic Council Director Kevin Hassett
Youtube· 2025-10-06 13:07
Government Shutdown and Economic Impact - The government shutdown has lasted six days with no progress in negotiations, raising concerns about potential layoffs if the situation continues [1][3] - The economic cost of the shutdown is estimated at approximately $15 billion per week, equating to about 0.1% of GDP [17] - Current GDP growth is reported at 3.8%, with retail sales up 6% year-over-year, indicating a booming economy despite the shutdown [18] Political Dynamics - There is a perception that Democrats lack leverage in negotiations, which may lead to a failure to reach a resolution [2][5] - The ongoing shutdown is viewed as a political maneuver by Democrats, who are accused of using it to gain leverage over Republicans regarding healthcare subsidies [11][15] - Moderate Democrats are reportedly dissatisfied with the current leadership and may seek bipartisan solutions to reopen the government [33][34] Healthcare and Subsidies - The discussion highlights the contentious nature of Obamacare and the expiration of COVID-related subsidies, which are seen as politically motivated rather than purely economic decisions [9][11] - There is a concern that the high subsidies under Obamacare are unsustainable and that their expiration is necessary due to budget constraints [12][15] - The potential for negotiations over healthcare subsidies may arise once the government is reopened, but current priorities are focused on keeping the government operational [19][20] Trade and Agriculture - The administration is considering using tariff revenue to support farmers affected by trade tensions, particularly with China, which has significantly reduced purchases of U.S. soybeans [28][29] - Ongoing trade negotiations with China are still in progress, despite the distractions caused by the government shutdown [32] Government Efficiency - Efforts to make government operations more efficient are ongoing, with a reported reduction of over 200,000 government positions [26] - The current situation may accelerate these efficiency efforts if the government remains closed and funding is not appropriated [27]
Sen. Steve Daines: There's no reason we should be in a shutdown
Youtube· 2025-10-01 12:23
Core Points - The government has entered a shutdown due to lawmakers failing to reach a last-minute deal, with hopes for a resolution soon [1][2] - The shutdown is expected to end when five Democrats join Republicans to pass a temporary extension until November 21, allowing for bipartisan negotiations to resume [3][10] - The shutdown is seen as costly to taxpayers and disruptive to government services, with calls for both sides to return to negotiations [4][9] Political Dynamics - Senator Chuck Schumer is perceived to be yielding to the far-left faction of his party, which is pushing for the shutdown, despite public opinion being against it [7][8] - A recent New York Times poll indicates that most Americans view the shutdown negatively, and there is division among Democrats regarding the shutdown strategy [7][8] - There is a proposal to pass legislation that would prevent future government shutdowns, emphasizing the need for a more stable budgetary process [8][9] Legislative Context - Bipartisan progress was reportedly being made on appropriation bills before the shutdown occurred, with strong support from key Republican leaders [12] - The potential for more Democrats to break ranks with Schumer is anticipated, which could facilitate the passage of a clean continuing resolution (CR) [13][18] - The discussion includes the potential for reducing the size of the federal government through thoughtful downsizing measures [15][16]
Sen. Tina Smith Says Tariffs Are Fueling Inflation
Youtube· 2025-09-18 12:59
Economic Conditions - The Federal Reserve is balancing the risks of inflation and declining employment, indicating a complex economic environment [1][3] - Tariffs are contributing to inflation, with an estimated overall impact of approximately 18% [2][4] - There is significant uncertainty in the economy, which is causing investors to hold back on capital investments [5] Labor Market - The labor market is experiencing low growth and shortages, partly due to immigration policies [3][7] - American manufacturers are facing pressure to increase prices to remain competitive, which is further driving inflation [7] Consumer Behavior - Consumers are making purchases earlier to avoid potential price increases due to tariffs, leading to economic distortions [6] - There are serious labor shortages in sectors like agriculture, exacerbated by the current economic conditions [7]