D.C. Digest: 'One Big Beautiful Bill' rebranded 'Working Families Tax Cut' - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Advisor News
Newswires RSS Get our newsletter
Order Prints
January 4, 2026 Newswires
Share
Share
Post
Email

D.C. Digest: 'One Big Beautiful Bill' rebranded 'Working Families Tax Cut'

Randy KrehbielTulsa World

Look into my eyes ... : Politicians with unpopular ideas always complain about their party's messaging. Democrats did after the 2024 election, and now it's Republicans turn as the New Year begins with a big spike in health insurance premiums for many Americans.

That's why last year's "One Big Beautiful Bill" is now the "Working Families Tax Cut."

While Democrats try to keep voters' attention focused on health care, Republicans are reminding them of the new tax cuts and the old temporary ones made permanent by the bill.

"We've had this discussion a couple of times now in leadership meetings about, how do we lead the story?" 1st District Congressman Kevin Hern told NOTUS.

"It's always a challenge up here, right? It's who can win the messaging war, and, quite frankly, the press doesn't help us a lot of times," Hern said.

"The press does a great job of leading with the story that Republicans are destroying health care, that they've destroyed the underlying health care issues, and it wasn't Republicans who destroyed it. It was the Democrats, but we've been not good at calling them out. We need to do a better job on that."

The Republican narrative is that the Affordable Care Act is to blame for most of the soaring cost of health care. Health care experts disagree to various extents, but virtually no one — except maybe Democrat lawmakers — says the ACA framework can't be improved.

Calls for long-term reform might be valid, but the problem in the here and now is that health insurance has suddenly become unaffordable for millions of Americans and tens of thousands of Oklahomans.

All signs indicate most of those people blame the Republican Congress for allowing premium subsidies to expire instead of including an extension in the OBBB/WFTC.

"There's a lot of other wonderful stuff in (OBBB/WFTC), but it's very hard to explain," Sen. Markwayne Mullin told Punchbowl News.

Along those lines: Mullin and U.S. Sen. James Lankford trumpeted the potential benefits of the state's $223 million rural health care transformation grant.

They did not say much about the billions of dollars in Medicaid reimbursements rural Oklahoma providers expect to lose because of OBBB/WFTC provisions.

It should be said the $223 million is intended help the health care system adapt to the Medicaid cuts, not replace them.

"Nearly a quarter-billion dollars will flow to Oklahoma's rural hospitals in 2026 thanks to the Working Families Tax Cut Act," Lankford said in an X post. "This historic investment is a true game-changer for rural communities across our state."

"It will help with the (health care) workforce," Mullin told Newsmax. "It will help with telemedicine, which is vitally important."

Mullin said rural facilities are usually "a life-stabilizing hospital that will allow this person to be transported to a larger hospital with more resources."

Staff changes: Hern started the new year with several staff changes, including the elevation of Madison Johnston to district director.

Johnston replaces Robert Aery, who according to a press release "will transition to the role of senior advisor and counsel as he explores part-time professional opportunities outside the office."

Aery has been with Hern since his first election in 2018.

Johnston has been with Hern since 2022 as a field representative and constituent services and outreach director. She previously worked for Rep. Mike McCaul of Texas.

Jefferson Willis will move from legislative director to deputy chief of staff, Meg Maykoski becomes senior legislative assistant and Chase Gurey becomes a legislative aide.

Appropriate behavior: Fourth District Congressman Tom Cole, chairman of the House Appropriations Committee, told Punchbowl News there's a reason besides the obvious for wanting to avoid another government shutdown.

"It's a very important cycle for the Appropriations Committee, as a committee, on both sides of the aisle to remain relevant," Cole said. "If we end up with a bunch of CRs, then why have an Appropriations Committee?"

At least three House and four Senate appropriators are not seeking re-election, and several others could retire or lose elections complicated by redistricting in California and possibly elsewhere. Two House appropriators, Democrats Jim Clyburn and Steny Hoyer, are in their mid-80s.

The government is now running on a continuing resolution that expires Jan. 30.

Joshin' around: Second District Congressman Josh Brecheen, like a lot of people in politics, is not beyond saying some pretty harsh things.

In a New Year's Day message to constituents, however, Brecheen wrote, "Remember: bitterness toward those we disagree with serves no purpose in our lives and acts as nothing more than acid, harming its container more than the surface on which it is poured."

Book club: Cole's most recent recommendation is Churchill's Citadel: Chartwell and the Gatherings Before the Storm, by Katherine Carter.

Dots 'n dashes: Mullin told Fox Business that Venezuelan dictator Nicolas Maduro might be "taken out from internally" by gangsters upset by the Trump administration's attacks on boats it says carry drugs bound for the United States. … Third District Congressman Frank Lucas' official portrait as past chairman of the House Science, Space and Technology Committee was unveiled.

Older

Generali Asset Management SPA SGR Sells 13,059 Shares of Fortinet, Inc. $FTNT

Newer

N.C. Economy Looks Steady for Now, But Worrying Signs Are Just Under the Surface

Advisor News

  • How smart investments prepare clients for inflation
  • Amid slew of corporate tax ideas, Newsom chose one likely to hit people’s premiums
  • The biggest risk to your clients’ financial plans isn’t market volatility
  • Initiative looks at how caregiving impacts workplace benefits
  • Will rising retirement needs spark an annuity boom?
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Fortitude Re Completes $500 Million FABN Issuance
  • Reframing retirement income for greater certainty
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
More Annuity News

Health/Employee Benefits News

  • Hyde-Smith blasts health care delays
  • WNY health insurers seek rate hikes of 9% to 24% for 2027
  • Healthcare now costs more than mortgages
  • Fairview won’t accept seniors with UnitedHealth Medicare Advantage plans next year
  • Studies from University of Pennsylvania Perelman School of Medicine Yield New Data on Managed Care (The Rural Health Transformation Program: trends in projected scores and actual awards): Managed Care
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Greg Lindberg moves to halt $1.65B restitution order, claims he ‘overpaid’
  • Fidelity Investments® to Expand Target Date Lineup With Launch of Guaranteed Income Solution
  • KBRA Releases Research – Private Credit: Much Ado About Nothing – Perspectives on Columbia Business School Paper About Private Ratings
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet