Lightnews — Scholar-powered news

Steve Rattner @steverattner.bsky.social · 13h

Moody’s chief economist estimates that 22 states are already in or at high risk of a recession, and only 16 are expanding. Notably, California and New York are “treading water”.

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Steve Rattner @steverattner.bsky.social · 19h

The GOP tax bill cut $137B in rural Medicaid funding, and then added in $50B in rural hospital funding to try to compensate. Rural hospitals have already been closing for years.

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Steve Rattner @steverattner.bsky.social · 19h

Around 14 million Americans are set to lose their insurance over the next 10 years. And out of the 10 hardest-hit states, 7 voted for Trump.

My @morningjoe-msnbc.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 19h

Ironically, red states are more dependent on the expiring healthcare tax credits that Democrats are fighting for.
My @morningjoe-msnbc.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 19h

States like Texas, Florida, Georgia, South Carolina, and Mississippi will be particularly hard-hit by the enhanced premium tax credit expiration — they have high Obamacare enrollment and haven’t expanded Medicaid.

My @morningjoe-msnbc.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 19h

Over the last 5 years, ACA marketplace insurance enrollment increased 157% in red states and 36% in blue states. It’s these Americans that are likely to lose their insurance if Republicans don’t do something about the expiring tax credits.

My @morningjoe-msnbc.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 20h

As this shutdown drags on, pressure is mounting on Republicans to do something about impending health insurance premium hikes.

I’ll be on @morningjoe-msnbc.bsky.social in a few to explain what’s at stake.

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Steve Rattner @steverattner.bsky.social · 3d

America’s world-class universities are one of our best exports – it’s a shame Trump is diminishing that advantage.

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Steve Rattner @steverattner.bsky.social · 6d

Obamacare slashed the ranks of uninsured in America. But within the next 10 years, 70% of that progress will be undone. I explain why in my latest for @nytopinion.nytimes.com
www.nytimes.com/2025/09/30/o...

Opinion | These 6 Charts Explain Why the Government Shut Down

www.nytimes.com

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Steve Rattner @steverattner.bsky.social · 6d

Nearly 14 million Americans are set to lose their health insurance over the next decade. In government shutdown negotiations, Democrats are fighting to decrease the number.

More in my latest for @nytopinion.nytimes.com
www.nytimes.com/2025/09/30/o...

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Steve Rattner @steverattner.bsky.social · 7d

Republicans have been quietly dismantling Obamacare. That’s what’s at stake in this government shutdown. More in my latest for @nytopinion.nytimes.com
www.nytimes.com/2025/09/30/o...

Opinion | These 6 Charts Explain Why the Government Shut Down

www.nytimes.com

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Steve Rattner @steverattner.bsky.social · 8d

In my latest for @nytopinion.nytimes.com, I break down the health care provisions Democrats are fighting for in this government shutdown. www.nytimes.com/2025/09/30/o...

Opinion | These 6 Charts Explain Why the Government Shut Down

www.nytimes.com

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Steve Rattner @steverattner.bsky.social · 8d

Democrats are fighting to preserve an Obamacare tax credit. Without it, a 55-year-old couple making $85K would see their premiums more than triple to $24,535.

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Steve Rattner @steverattner.bsky.social · 16d

Despite Trump’s assertions, he hasn’t made the world safer since taking office. Unfortunately, 2025 is on track to exceed last year’s number of deaths in armed conflict.

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Steve Rattner @steverattner.bsky.social · 21d

The Fed’s outlook for GDP growth isn’t very optimistic — below 2% for the next 3 years.

My @morningjoe-msnbc.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 21d

Yesterday’s rate cut doesn’t mean inflation is coming down ¬— the Fed kept its 2025 PCE forecast the same and raised its 2026 forecast.

My @morningjoe-msnbc.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 21d

Jobs are getting harder to find, and more and more Americans are remaining unemployed for long periods of time.

My @morningjoe-msnbc.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 21d

One marker of a weakening labor market: there are now more job seekers than job openings in the US.

My @morningjoe-msnbc.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 21d

Powell called yesterday’s reduction a “risk-management” cut, signaling that the Fed’s now more worried about the labor market than inflation. (Despite rising inflation in recent months.)

My @morningjoe-msnbc.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 21d

The Fed cut rates by 25bps yesterday, as expected. It also increased its expectations for future cuts.

My @morningjoe-msnbc.bsky.social Chart

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Steve Rattner @steverattner.bsky.social · 22d

The Fed maintained its projection of 4.5% unemployment for 2025, but lowered its projections for the next two years.

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Steve Rattner @steverattner.bsky.social · 22d

The Fed held its inflation projection for 2025 steady at 3%, but increased expectations for 2026 to 2.6%.

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Steve Rattner @steverattner.bsky.social · 22d

The Fed is now projecting an additional rate cut by the end of the year, lowering its projection by .3%.

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Steve Rattner @steverattner.bsky.social · 22d

The Fed raised their GDP projections, but the forecast for 2025 is still well-below December 2024 levels.

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Steve Rattner @steverattner.bsky.social · 22d

The Fed cut interests rates by 0.25%, as expected.

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