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Extension to Obamacare tax credits ‘already too late’: Dem Rep. on looming price surges
MSNBC· 2025-12-21 22:02
Joining me now is Pennsylvania Congresswoman Mary Gay Scanland. She's a member of the House Judiciary and Rules Committees. Welcome, Congresswoman.Um, so earlier this month, President Trump came to a key Pennsylvania swing district insisting inflation is quote no longer a problem and Pennsylvania is prospering again, even as voters there know their grocery and utility bills keep climbing. So, what do you say to Pennians who hear the White House claiming victory on prices while their costs are still going up ...
Republicans need to 'stand up’ to leadership amid health care fight: Democratic Caucus chair
NBC News· 2025-12-16 22:30
Joining me now is California Democratic Congressman Pete Aguilar. He's also the Democratic Congress uh Cong Caucus Chairman, excuse me, Congressman, thank you so much for joining us here on Meet the Press. Now, I want to start on healthcare.We heard some swing state Republicans uh earlier today say they're not ruling out joining Leader Jeff discharge petition on a three-year extension of the Affordable Care Act subsidies. Have you spoken to some of those members. I haven't spoken to some of those members, b ...
Bernie BLASTS ‘pathological liar’ Trump for calling affordability a ‘hoax’
MSNBC· 2025-12-11 02:38
Vermont independent Senator Bernie Sanders serves as a ranking member of the Health, Education, Labor, and Pensions Committee, and he joins me now. Do you think this is going to work. I guess is my first question.I mean, I feel like I've watched uh politicians try to tell people to try to message their way out of economic problems before, and as far as I can tell, it does not have a great record. >> Hey Chris, what I want to know, are kids actually buying pencils at all. let alone $37 for a beautiful little ...
Affordability is a top concern for Americans, polling shows
MSNBC· 2025-12-05 11:56
President Trump plans to get back out back out on the road, visiting Pennsylvania on Tuesday to spotlight his efforts with the economy. It comes as Trump has repeatedly claimed affordability concerns are a Democratic hoax. A White House official says Trump will argue he inherited an inflation crisis from former President Biden.Trump narrowly won Pennsylvania last year, and the White House is looking to shore up economic support ahead of the 2026 midterms. Several seats that could flip in that state alone. B ...
'Needs to be punished accordingly': Sen. Peters on boat strike fallout
MSNBC· 2025-12-03 18:23
Joining me now, Michigan Democratic Senator Gary Peters. It's good to see you, Senator. So, the Senate Majority Leader says it's on Democrats to get this done and that you don't have a path or a plan.Are Democrats the problem now. >> Uh, we are not the problem. I mean, we're the ones that have been fighting tooth and nail to get an extension. It's pretty clear that if we don't get an extension, we're going to have millions of people that are going to be priced out of uh getting health insurance that are goi ...
3 Tax Moves to Make Before Year-End for Bigger Deductions
Investopedia· 2025-12-02 01:00
Core Insights - The "One Big Beautiful Bill" introduces significant changes to tax credits and deductions for the 2025 tax year and beyond, prompting taxpayers to act now to maximize benefits [3][4]. Tax Changes and Strategies - The SALT deduction cap has increased from $10,000 to $40,000 for the 2025 tax year, benefiting higher-income earners and residents in high-tax states [5]. - Taxpayers can pre-pay estate taxes and quarterly state and local taxes to take advantage of the new SALT cap [7][10]. - Individuals earning less than $633,333 may consider "double-paying" real estate taxes to fully benefit from the increased SALT deduction cap [8]. Charitable Contributions - The new legislation allows non-itemizers to deduct up to $1,000 in charitable contributions starting in 2026, suggesting a delay in end-of-year donations for these taxpayers [11][12]. - Itemizers may want to expedite charitable donations planned for 2026 due to new restrictions on deductions starting in 2026 [13][14]. Clean Energy Tax Credits - Taxpayers must act quickly to utilize clean energy home tax credits, which allow for a deduction of up to 30% of qualified expenses, including solar panels and energy-efficient home improvements [15][19].
Senate Republican pitches swapping enhanced ACA tax credits with HSAs
CNBC Television· 2025-11-18 23:00
Healthcare Policy & Legislation - Affordable Care Act (ACA) tax credits are set to expire at the end of the year, creating urgency for a legislative solution [1] - Republicans are unlikely to support extending the ACA tax credits [1] - Senator Cassidy proposes replacing premium tax credits with prepaid healthcare savings accounts for Americans using the ACA marketplace [2] - These accounts could contain a couple thousand dollars, but may not fully cover healthcare premiums [3] - The proposal aims to help with out-of-pocket expenses like doctor's appointments and medicines [3] - President Trump has expressed support for direct payments to Americans for healthcare [4] - Senate Minority Leader Schumer criticizes the proposal as a scheme that would negatively impact low-income individuals with pre-existing conditions [4] - Lawmakers have only a couple of weeks to find a solution that can pass both the Senate and the House to lower healthcare costs [4] Political Landscape - Senate Majority Leader Thune has promised Democrats a vote on a healthcare bill in mid-December [4]
Senate reconvenes today after reaching deal to end government shutdown
CNBC Television· 2025-11-10 16:50
Government Shutdown Resolution - A bill to reopen the government advanced with bipartisan support in the Senate [1] - The agreement funds specific government sections, including agriculture, SNAP, and veterans programs, through the end of the 2026 fiscal year, while other programs receive funding until January 30th [2] - The deal reverses attempted firings of federal employees during the shutdown and ensures federal employees receive back pay [2] Affordable Care Act (ACA) Tax Credits - Democrats were promised a vote on extending healthcare tax credits, although many opposed the deal for lacking a concrete agreement on these credits [3] - Senator Shaheen stated the deal was the best chance to reopen the government and begin negotiations to extend the ACA tax credits [4] - Discussions are ongoing regarding the extension of Affordable Care Act tax credits, with some Republicans expressing interest in finding a path forward [5] - Republican opposition, particularly in the House, exists regarding voting on anything that continues Obamacare [6] Legislative Process - The Senate may vote as soon as today, and the House could return later this week [5] - The Senate needs to reach a timing agreement, requiring unanimous consent, to move forward [7] - GOP leadership has informed House members to expect to be in session this week [7]
We need to end the suffering: Senator on reopening government, extending ACA tax credits
MSNBC· 2025-11-10 16:11
Healthcare Affordability & Political Stance - The Democratic senator believes the government shutdown highlighted the fight around healthcare affordability, showing who supports affordable health insurance and who doesn't [2] - The senator hopes Republican colleagues understand the issue affects millions of Americans and needs to be addressed [3] - Democrats believe affordable healthcare prices are important for Americans, including those in red states [7] - The senator introduced legislation to address the cost of health insurance for Americans and extend premium tax credits [10] - The senator is committed to ensuring people can afford their healthcare [11] Government Shutdown Impact - The government shutdown caused issues with air traffic control, government workers not getting paid, people unable to get food, and mothers/children unable to get WIC benefits [4] - The agreement aims to end the suffering caused by the shutdown and continue funding health food benefits, WIC, and veterans benefits [5] Bipartisan Efforts & Future Actions - The agreement allows for a vote on a bill by mid-December to address healthcare costs [3][10] - The senator believes a bipartisan bill can be achieved in the Senate to address premium tax credits [8] - Voters will hold accountable those who are not on their side regarding healthcare affordability [8]
SUNation Energy Announces 2025 Third Quarter Results and Reiterates 2025 Full Year Financial Guidance
Globenewswire· 2025-11-10 12:30
Core Insights - SUNation Energy, Inc. reported a strong Q3 2025 performance, driven by increased residential demand for solar and battery storage due to new tax credits from the One Big Beautiful Bill Act (OBBBA) [3][4] - The company is focused on leveraging its diversified services and geographic presence to navigate industry challenges and capitalize on growth opportunities [4][8] Financial Performance - Total sales increased by 29% to $19.0 million from $14.7 million, with residential sales rising by 54% and service revenue increasing by 72% [7][8] - Gross profit rose to $7.2 million, improving gross margin to 38% from 35.6% [7][8] - The net loss narrowed to $0.4 million from $3.3 million, while Adjusted EBITDA improved to $900,000 from a loss of $1.0 million [7][8] Financial Condition - Cash and cash equivalents increased to $5.4 million, the highest level in three years, and total debt declined by 59% to $7.9 million from $19.1 million [7][13] - Stockholders' equity improved to $21.7 million from $8.5 million at the end of 2024 [13] Future Outlook - The company reiterated its full-year financial guidance, expecting total sales to rise to between $65 million and $70 million, a projected increase of 14% to 23% from $56.9 million in 2024 [9][13] - Adjusted EBITDA is anticipated to improve to between $0.5 million and $0.7 million from a loss in 2024 [13]