Bloomberg Talks

United States Senator Gary Peters (D) Talks Government Shutdown

Oct 27, 2025
United States Senator Gary Peters, a Democrat from Michigan and key figure on national security, joins David Gura to discuss pressing issues. He emphasizes the urgent need for bipartisan talks to address the government shutdown, criticizing House members for their absence during crucial negotiations. Peters also shares his constituents' concerns about rising healthcare costs and the expiring ACA tax credits. The conversation shifts to military matters, with Peters seeking clarity on naval deployments and rules of engagement, highlighting the necessity for transparency from the administration.
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INSIGHT

Negotiations Need Someone Who Can Deliver

  • Peters says negotiations require leadership presence and someone who can deliver on agreements.
  • He warns that without Donald Trump signing off, GOP members withdraw support at the last minute.
ADVICE

Negotiate With Decision Makers

  • Engage leadership and key influencers to make bipartisan deals stick.
  • Peters advises negotiating with people who can actually deliver endorsements back home.
INSIGHT

Expired Credits Could Spike Premiums

  • Peters highlights looming spikes in health insurance premiums when tax credits expire on November 1.
  • He warns higher costs will push young people out of the insurance pool and raise premiums for everyone.
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