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House Speaker Mike Johnson: Republicans have 'lots of ideas' to reform health care
CNBC Television· 2025-10-23 14:34
We have volumes of ideas that we literally have published to bring down the cost of health care and stop the madness. Um, we have to build consensus around those to get it done. But I'll give you a quick example.In the big beautiful bill, in the working families tax cut that we passed and got signed into law July 4th, we included in the House version of that bill the cost sharing reductions model. It would have brought premiums down 12% uh for the average uh uh uh American and it would have saved taxpayers ...
Rep. Ro Khanna: The $30-$40B given to Argentina could fund the ACA tax credit extension for a year
CNBC Television· 2025-10-23 12:26
It's day 23 of the government shutdown. It's the second longest in US history. And joining us right now for the latest is Congressman Ro K Connor of California whose district is in the heart of Silicon Valley. Ro, thank you for coming in. Um, >> turn into the on camera Roana now >> because we just had a long conversation off camera. We agreed on what we probably should do, which is the way we always do it. Well, what what we should do first of all, we may not agree on this point, but why why can't we get an ...
Sen. Ron Johnson: We're happy to work with Democrats and fix the broken Obamacare system
CNBC Television· 2025-10-21 13:13
Government Shutdown & Funding - The Shutdown Fairness Act aims to ensure federal employees receive paychecks during shutdowns [1] - Senator Johnson introduced the Eliminate Shutdown Act to permanently prevent government shutdowns [2] - The current shutdown is entering its fourth week, forcing essential federal workers to work without pay [2][3] - The existing appropriations process is highly ineffective, with a 96.7% failure rate in passing appropriation bills [10] - The "uni party" (big spenders in both parties) contributes to government dysfunction and increasing debt, currently at $37 trillion [11] Healthcare & Obamacare - The debate centers on extending enhanced subsidies under Obamacare, with concerns about fraud estimated at $20 billion to $30 billion annually [19][20] - Democrats are portrayed as wanting to continue enhanced subsidies, while some Republicans fear the political fallout of ending them [20] - The speaker is open to working with Democrats to repair the damage done by Obamacare, which has driven up premiums and deductibles [21][22] - Obamacare's design flaws are cited as the primary reason for rising premiums, not the potential removal of enhanced subsidies [28] - The speaker argues that even without enhanced subsidies, people will still receive subsidies under the original Obamacare framework [31] - Obamacare has led to a 118% increase in premiums, significantly exceeding the 39% inflation rate [32]