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Senator Cortez Masto on Government Shutdown, ACA Subsidies, and Russian Sanctions

Bloomberg PodcastsOctober 22, 20259 min254 views
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Government Shutdown Impasse

  • 🏛️ Senator Cortez Masto highlights the ongoing government shutdown, now the second longest in US history, and the difficulty in reaching a deal.
  • 🤝 She is part of a bipartisan group of lawmakers working to resolve the impasse and reopen the government.

Affordable Care Act Subsidies

  • 🏥 A key priority is to extend healthcare subsidies for the Affordable Care Act (ACA), which are crucial for millions of Americans.
  • ⚠️ Failure to extend these subsidies could lead to significant healthcare cost increases and loss of access for approximately 22 million Americans.
  • 💰 The senator emphasizes that these subsidies benefit Americans in blue, red, and purple states, aiming to lower healthcare costs across the country.

Role of Donald Trump

  • 🗣️ Senator Cortez Masto stresses that Donald Trump must be involved in shutdown negotiations, as Republican leadership in Congress largely follows his lead.
  • 🎯 She calls for Trump to be a constructive participant in Washington to help resolve healthcare costs and reopen the government.

Impact of Shutdown on Nevada

  • ⚛️ The shutdown has furloughed essential nuclear site workers in Nevada, raising national security concerns.
  • 📉 The shutdown is also negatively impacting Nevada's tourism industry and hindering small businesses by delaying SBA loans due to a lack of federal workers.
  • 🚫 Cortez Masto opposes government shutdowns, viewing federal workers and contractors as pawns in political games.

Foreign Policy and Sanctions

  • 🇷🇺 Senator Cortez Masto supports imposing substantial sanctions on Russia to pressure Putin for the illegal war in Ukraine.
  • 🏦 As a member of the banking committee, she advocates for using financial sanctions as a key lever to hold Russia accountable.
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What’s Discussed

Government ShutdownAffordable Care ActACA SubsidiesHealthcare CostsDonald TrumpNevadaNuclear SecurityNational SecurityRussian SanctionsUkraine WarBanking CommitteeFederal WorkersTourism IndustrySBA Loans
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