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Rep. Ro Khanna on Government Shutdown, Healthcare Costs, and Argentina Aid

CNBC TelevisionNovember 5, 20259 min21,554 views
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Government Shutdown and Filibuster

  • 🏛️ The government shutdown has reached day 23, making it the second longest in US history.
  • 🚫 An exception to the filibuster to keep the government open is debated, with concerns that it could be used for negative purposes by either party in the future.
  • 🗳️ Congressman Khanna believes there would be bipartisan support to vote on paying troops and essential federal employees, urging the Speaker to open Congress for such votes.

Healthcare Costs and the ACA

  • 📈 Healthcare costs and premiums are described as out of control, with a specific example of premiums rising significantly for individuals making $80,000 or more.
  • 💸 The speaker argues that the Affordable Care Act (ACA), or Obamacare, is a "behemoth" that costs too much, and that expiring pandemic-era subsidies are not the sole cause of rising premiums.
  • 🏥 Potential solutions discussed include health savings accounts, going after Medicare Advantage fraud, and allowing competition in the private sector.

International Aid vs. Domestic Needs

  • 🇦🇷 Khanna highlights that $30-$40 billion given to Argentina could fund the extension of the ACA tax credit for a year for all Americans.
  • ⚖️ He argues that neither party should shut down the government to blackmail or hold the other party hostage, advocating for bipartisan cooperation.

Addressing Healthcare Affordability

  • 💊 Khanna supports taking on Big Pharma and putting President Trump's executive order to lower drug prices to a vote, citing influence from pharmaceutical companies.
  • 🏥 He also points to facility fees as a transparency issue, where MRIs cost significantly more at hospitals than at doctor's offices.
  • 🤝 The discussion touches on the complexity of lowering healthcare costs, with various entities like pharmaceutical companies, pharmacy benefit managers, and hospitals pointing fingers at each other.
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What’s Discussed

Government ShutdownFilibusterAffordable Care Act (ACA)Healthcare CostsPremiumsMedicare for AllBig PharmaArgentina AidBipartisan LegislationFederal EmployeesTroops FundingMedicare AdvantageDrug PricesFacility Fees
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