Bloomberg Talks Senator Bill Cassidy Talks Black Friday Spending & Healthcare
Dec 1, 2025
Senator Bill Cassidy, a physician and Republican from Louisiana, advocates for empowering patients in health insurance choices. He examines the contrast between strong Black Friday spending and the financial struggles many face due to rising costs. Discussing the Affordable Care Act, he proposes redirecting subsidies to health savings accounts, enhancing affordability. Cassidy also emphasizes how policies on taxes and infrastructure can stimulate job creation while balancing government shutdown risks with effective healthcare solutions.
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K-Shaped Recovery Masks Real Pain
- Consumer spending hides a K-shaped recovery where some thrive and many struggle.
- Bill Cassidy emphasizes that aggregate spending masks widening inequality and pressure on basics like insurance and groceries.
Use Tax Policy To Boost Jobs
- Use tax cuts and pro-business policy to support working families and encourage reshoring.
- Cassidy recommends targeting overtime/tips tax relief and incentives that spur manufacturing jobs and infrastructure work.
Put ACA Credits Into HSAs
- Redirect enhanced ACA premium tax credits into patient-controlled health savings accounts.
- Cassidy says deposits lower deductibles, let patients pick cheaper bronze plans, and give first-dollar ER coverage for children.