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The Last Word with Lawrence O’Donnell

Democrats offer deal to GOP extending expiring Affordable Care Act subsidies

The Last Word with Lawrence O’Donnell

Lawrence O'Donnell, MS NOW

Politics, Washington, Congress, News, Ms Now, President, Versant Media, Policy, Versant, Government, Senate

4.56.4K Ratings

🗓️ 7 December 2024

⏱️ 42 minutes

🧾️ Download transcript

Summary

Tonight on The Last Word: Donald Trump is set to inherit President Biden’s strong economy. Also, Sen. Joni Ernst plans to meet with Pete Hegseth next week. Plus, House Oversight Committee Democrats prepare for a new Trump term. And states are Trump-proofing ahead of inauguration. Timothy Snyder, Rep. Madeleine Dean, Rep. Gerry Connolly, New York State Senate Majority Leader Andrea Stewart-Cousins, and Heather Williams join Jonathan Capehart.

Transcript

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0:00.0

Now it's time for the last word with my friend Jonathan Capehart in for Lawrence O'Donnell.

0:05.4

Good evening, Mon ami.

0:09.1

Good evening, Alex.

0:10.8

You know, I went to Paris for the first time in like 30 years last October, and it acquitted itself well.

0:17.6

Paris is odd.

0:18.5

It just, it always, she always looks great.

0:20.8

And even better this weekend now that Notre Dame is finally going to be unveiled. quitted itself well. Paris is eye. It just, it, oh, she always looks great.

0:24.8

And even better this weekend, now that Notre Dame is finally going to be unveiled.

0:26.8

Absolutely. Absolutely.

0:27.9

Alex, have a great weekend.

0:28.9

Have a great show.

0:36.2

You have seen more happen in the last two weeks than you have in the last four years.

0:38.9

That's what Donald Trump said last night.

0:44.3

And because he isn't president, it's hard to imagine what he could be talking about.

0:51.6

What we do know is that U.S. employers added 227,000 new jobs and the unemployment rate is at a still low 4.2% under the Biden-Harris administration.

0:58.5

It's also a time when many Americans are participating in open enrollment for benefits

1:03.4

like health care coverage, and millions are facing the devastating consequences of the upcoming

1:08.8

Trump administration after the Congressional Budget

1:11.4

Office estimated that 2.2 million people could lose their health care coverage should

1:17.5

Affordable Care Act subsidies expire. In a statement, President Biden said, quote,

1:23.4

millions of Americans are benefiting from expanded premium tax credits that lower their premiums.

1:29.3

If Congress takes that benefit away, premiums will spike, and 3.8 million people will become

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