Speaker Refuses Vote on Health Subsidies | Balance of Power 12/16/2025

On the early edition of Balance of Power, Bloomberg Washington Correspondent Joe Mathieu discusses the latest US economic data. On today’s show, Harvard Kennedy School’s Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, Bluestack Strategies Founder Maura Gillespie, Republican Congressman Jason Smith of Missouri and former California Congresswoman Jane Harman.

Chapters:
00:00:00 – Balance of Power: Early Edition Starts
00:04:56 – Tyler Kendall on Rise of Unemployment, US Threatening to Retaliate Against EU Companies Over Digital Tax
00:11:17 – Bloomberg Political Panel Talks Trump Doubling Down on Affordability ‘Hoax’ as JD Vance Heads to PA to Tout Economic Policies
00:19:57 – Rep. Jason Smith (R-MO) Discusses Health Care Subsidies Impending Expiration, Hegseth Facing Scrutiny Over Venezuela Strikes
00:31:37 – Mike McGlone Provides Updates on Oil Futures Hitting Lowest Rate Since 2021
00:36:56 – Fmr. Rep. Jane Harman (D-CA) on Hegseth Briefing Senate on Venezuela Strikes, Trump Vowing Retaliation After Soldiers Killed in Syria
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