Joining us now, Senator John Federman of Pennsylvania. He's also the author of the new memoir, Unfettered. Senator, thank you for joining us.>> Thanks for having me. >> I know you were not a fan of this shutdown. You never wanted it to happen.Um, what would you have done differently to try to get any leverage on the issue of ACA subsidies. >> Well, the ultimate leverage is winning election. I mean, we've just demonstrated that just uh last week about that.That was an amazing uh election and it demonstrates ...

Well, I watched Obama from when this thing came about. As you know, I opposed it very strongly. Unfortunately, we had a couple of negative votes, which should never have happened.But I said, "It's going to be a disaster." And I was exactly right. The the premiums have gone up like rocket ships. And I'm not just talking about recently. I'm talking about for years they've been going up.And he said, "Premiums will go down. Everything will be wonderful. It's horrible health insurance at a very high price." And ...

RT Rep. Marjorie Taylor Greene🇺🇸 (@RepMTG)I was not in Congress when all this Obamacare, “Affordable Care Act” bullshit started. I got here in 2021. As a matter of fact, the ACA made health insurance UNAFFORDABLE for my family after it was passed, with skyrocketing premiums higher than our house payment.Let’s just say as nicely as possible, I’m not a fan.But I’m going to go against everyone on this issue because when the tax credits expire this year my own adult children’s insurance premiums for 2026 are go ...

Core Points - Tax incentives for home efficiency upgrades, clean energy installations, and electric vehicles in the U.S. are expiring this year, prompting urgency for residents to act quickly [1] - The Inflation Reduction Act of 2022 introduced various tax credits aimed at making cleaner alternatives more affordable and reducing greenhouse gas emissions [2][3] Summary by Category Tax Incentives Overview - The credits are designed to help consumers afford cleaner technologies such as heat pumps and electric vehicles, while also addressing climate change by reducing greenhouse gas emissions [3] - Eligible home upgrades include energy audits, heat pumps, solar panels, water heaters, appliances, battery storage, car chargers, and improvements to windows, doors, insulation, and electrical panels [3] Financial Implications - Tax credits provide direct financial benefits at tax filing time, allowing consumers to reduce their tax liability based on qualifying expenses [4] - Most home improvement credits are capped at $1,200 per year, while heat pumps and water heaters have a $2,000 cap; larger expenses like geothermal heat pumps and rooftop solar systems offer a 30% tax credit on the purchase price [5] Expiration Details - Most tax credits are set to expire at the end of this year, with specific deadlines for certain credits, such as the clean vehicle tax credit, which expires on September 30 [6] - The clean vehicle tax credit allows for upfront savings at the point of sale, making it a unique option for consumers purchasing qualifying electric vehicles [6]

Industry Trends - The residential solar industry is aiming to reduce prices due to the early termination of solar tax credits by President Trump's tax law [1] - Companies and analysts suggest lowering prices by cutting high sales and marketing costs [1]

Political & Economic Conflict - The report highlights a feud between President Trump and Elon Musk over a major tax and spending bill [1] - The core of the conflict stems from the bill's cuts to tax credits for electric vehicles, impacting companies like Tesla [3] - Elon Musk is concerned about the national debt, exceeding $36 trillion, and the impact of tax breaks on revenue [4] - Musk's opposition is also linked to his desire to maintain tax credits that benefit his companies and the electric vehicle industry [4] Political Influence & Strategy - Elon Musk, a wealthy individual, has previously supported Republicans and is now threatening to oppose those who support the Trump mega bill [5] - Republican leaders, including Speaker Mike Johnson, are attempting to engage with Elon Musk to mitigate potential political challenges [6] - Congressional leadership recognizes Musk's potential to influence elections in November 2026, posing a threat to the passage of the Trump mega bill [7]