Bill O’Reilly’s No Spin News and Analysis - BREAKING: Cases Against James Comey and Letitia James Dropped, Ukraine Negotiations Update, Michael F. Cannon on America’s Healthcare System Costs

Episode Date: November 25, 2025

Hey BillOReilly.com Premium and Concierge Members, welcome to the No Spin News for Monday, November 24, 2025. Stand Up for Your Country.  Bill reports on a federal judge throwing out the criminal cases against former FBI Director James Comey and New York AG Letitia James. Talking Points Memo: The latest on the Ukraine negotiations after an outline of the proposed peace deal was leaked. Michael F. Cannon of the Cato Institute joins the No Spin News to discuss U.S. health care and Trump’s expected proposal, which includes a two-year extension of Obamacare subsidies. What happened to the DOGE Department? Georgia Republican Rep. Marjorie Taylor Greene announced her resignation from Congress, effective next year. Final Thought: Subscribe to Bill's YouTube channel and watch his new bonus commentary.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Hey Bill O'Reilly here. Welcome to the NOSBIN News from Monday, November 24, 2025. Stand up for your country, short week, but it's going to be lively. I just got a wire, just came across before I sat down, that a federal judge as thrown out the cases against former FBI director James Comey and New York Attorney General

Letitia James. The judge is named Cameron McGowan Curry. She was appointed to the position of overseeing this prosecution. It's not the trial judge. Okay?

By the Fourth Circuit Chief Justice, Albert Diaz. Now, The press is going to make a big deal out of this. It's not that big a deal. So Judge Curry threw it out because the Justice Department attorney prosecuting the cases named Lindsay Halligan. She used to be Donald Trump's personal lawyer in Florida. All right.

She took over when the other U.S. attorney for the Eastern District, that's Virginia, said, I can't make a case. But what you need to know, and what is absolutely fair to say, is that all of these judges, Judge Curry, Judge Diaz, who appointed Judge Curry, the federal prosecutor, they're all very liberal people. Now, I can't prove that their ideology has anything to do with this, but, you know, connecting the dots is something that we all should do. But here's something interesting about Judge Curry. She didn't throw it out forever. And the government can appeal. The government will appeal. I think I'd be surprised by saying that Ms. Halligan was duly appointed by the Justice Department.

The Attorney General Pam Bondi wanted her. Pam Bondi has the authority to do that. So let's get going. Which I think is what's best for America. I understand that this prosecution of Comey and Letitia James is born out of personal animus. That's obvious. Okay. Donald Trump was persecuted by these two people.

And now it's payback time. There's no doubt about that. But, big butt, they both did things that are wrong. And we've investigated it. So, let's see how wrong. Is that fair? I think it's fair. So I do expect an appeal by the Justice Department,

and Supreme Court might have to hear it. And I'd put it back. Just let the thing go. Let's find out what happened there. Okay, so that's just broke. I'll be on News Nation 9 tonight. I'm sure this will be a topic of discussion. We'll have more information by then, and we'll cover it in a fair way.

But I've got to tell you the truth, that whole district down in the fourth, that's full of liberal judges. And this Curry woman was appointed by Bill Clinton. Been around for a long time. But you're not appointed by a Democratic president unless you're liberal. Same thing with the Republican president. You're not appointed unless you can serve it. We're lean that way. It's the way the system works.

All right. Donald Trump is going to Florida for Thanksgiving. He'll leave tomorrow. He's got two big things on his plate. All right. The first is Ukraine, more hysterio. We're going to do that in a minute. And then Venezuela.

We're a military action. Could happen. I don't think it's going to happen before Thanksgiving. I'd be surprised. All right, but it's brewing down there. So let's go Talking Points Memo, Ukraine. Some more hysteria. Somebody leaked out an outline of a proposed peace deal to Zelensky and Ukraine. And it was authored by Americans. I assume they had some NATO input, but I don't know that to be a fact. And somebody got a hold of it and leaked it to a newspaper, the Daily Telegraph, out of London. Whoever leaked it should be charged with the violation of the Espionage Act. And they should aggressively try to find who out try to do this, because this is bad.

So the Espionage Act basically says, it's illegal to obtain or disclose information related to a national defense, with the intent or reason to believe the information will use to harm the United States or aid a foreign entity. Well, harm the United States, you could just prove that in 30 seconds by looking at the headlines. Oh, Trump is selling out Ukraine.

Oh, this. Oh, Trump is cozying up to Putin. Of course, that's harm for our country all over the world. So the person who leaked it, I hope they catch them and I hope they charge them. That's just my opinion, but I think it's a, ground in, in fact, opinion. Now, over the weekend, there were actual negotiations

between the USA and Ukraine. No, Putin's the thug. You've got to understand that. He's just watching back. And whatever the Ukrainians and the Americans agree upon, Putin doesn't have to do it. Probably won't. Just keep that in mind.

So they're in Geneva, and Secretary of St. Marco Rubio is leading us. and then the Ukrainians have a delegation. Ukrainians come out of the meeting and say, quote, we appreciate our American partners working closely with us to understand our concerns to reach. It's a critical point. We expect to make more progress. Well, that's good. I mean, you expect that.

Ukrainians aren't going to say we hate America at this point. But, you know, it's not the hysteria that the media whips it up to be. because Donald Trump's way of negotiating, and this is not unique, a lot of people do it, is that you put out an extreme version of what you want, and then you pull back into a middle ground. That's how business people negotiate, and governments too. So all the Delhi Telegraph got was the extreme version, ain't anything else, and the press just, you know what the press does. Now, Ukraine's in a pretty bad way. Reports, say, 200,000 Ukrainian men are dodging the draft, and manpower is down big.

So they don't have enough soldiers, Ukrainians. They're actually paying some mercenaries over there now. Also, there's a big scandal surrounding a nuclear power company, EnerGatom, or something like that. You remember the Biden scandal with Burisma, Ukraine's a corrupt country. It is. always has been, all right? A lot of bribes, a lot of money floating around. Anyway, the Ukrainians are investigating themselves, and they're one guy who is close to Zelensky, has fled the country. All right, two others are in big trouble, justice minister and the energy

minister, and allegedly they took millions of dollars to do business with this nuke power company. I don't know. All I know is that Zelensky cannot handle a scandal like this in the middle of a war. And the third thing is, Ukrainians can't advance. They can inflict some damage on the Russians, but they're fighting a defense of war. Let's face it, the U.S. economy is under stress. National debt rising, trade war, shaking the markets. And meanwhile, China is dumping the dollar and stockpiling gold. That's why I protected my savings with physical gold and silver through the only dealer I trust, American Hartford Gold. And you can do this. Get precious metals delivered to your door or place in a tax advantage gold IRA. They'll even help you roll over your

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So Russia's not going to lose the territory. It's gained already. Ukrainians are just sitting up a defensive war and they're doing the drone thing and all that. It's going nowhere. It's going nowhere. It's just a death field over there. Donald Trump just wants it over. All right? He's not, I don't think he's going to sell out Ukraine. but he certainly wants it over. And he's looking at it and saying Ukraine has got no power at all, no bargaining power, none. It's true. Putin knows it.

And that's a memo. Hey, Bill O'Reilly here in my career. I have interviewed seven presidents, covered every major story of the last few decades. But I've never seen an opportunity like this one. President Trump's second term could mirror the economic boom in the 1920s, a time when unemployment hit 1.8 percent, stock soared 265 percent. Ordinary Americans had their shot at real prosperity. That's why I've recorded a special presentation with renowned investment expert Alexander

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Now, this is big for every American. You're paying a lot of money for health insurance. And when you go in and buy prescription drugs and everything else costs a lot of money. right? And Trump trying to lower the health care prices and insurance premiums. If he does, that will help him in the midterms. If he doesn't, Democrats have an advantage. Simple as that. So right now, there's a lot of negotiation going on, and it is almost impossible to understand it. I've read it five, six times. It has to do with the affordable care.

Act, Obamacare. It has to do with government subsidies that go into there. It has to do with negotiations with Big Pharma. It's on and on and on and on. So I asked my staff, get me somebody who can explain this so even I can understand it. Joining us now is Michael Cannon, Kato Institute Director of Health Policy, coming to us from Washington, D.C. So yeah, you got a terrible task here, Michael, because I read this five, six times, and I just don't know. But I'm I'm going to ask, I'm going to ask my usual, simple, foolish questions. First question, the Republicans are objecting to extending extending subsidies for Obamacare. What exactly does that mean?

So, Obamacare requires people who enroll to buy a lot of coverage they don't want, requires healthy people to pay higher premiums that is necessary, so they can subsidized people with expensive medical conditions. Okay, but I don't, let me stop you there. I don't have, I don't have Obamacare. Good. I don't have to enroll in if I don't want, I can bet my own private insurance, correct? You can if you have an employer who offers it to you or you can afford it off of the

exchanges, but even Obamacare's regulations apply there as well. But nobody can force you to buy Obamacare and pay their premiums, correct? Correct? Not anymore. That's correct. Okay. But millions of Americans choose to go into Obamacare, the programs, and they pay more, you're saying, than they should? Is that accurate? Most people in the Obamacare exchanges pay maybe double what they should be paying because Obamacare lards up their premiums with hidden taxes and mandates that just increase the cost of insurance to them. Why would they pay that?

Why wouldn't they go to another program? Two reasons. Well, one, there aren't really many other options out there because the government took most of them away, but I'll have something to say about one of those in a moment. And people want health insurance. And Congress also offers people in Obamacare subsidies, massive subsidies, 80% of the premium. You can get a subsidy for this. Some people 100% of the premium.

If you're under a certain your earning level, right? Well, right. But in 2021, Congress increased that earning level all the way up to like $600,000 per year. Those subsidies, though, are going to expire. So right now, people who are paying maybe 0% or 10% of their Obamacare premium are going to have to pay maybe 10 or 20% starting January 1st. And wealthier people earning more than $129,000 per year, maybe up to $600,000 per year, they're going to have to pay the full premium, and that's going to make them mad. And it should

make them mad. Okay, but they can go and buy other insurance if they want to. It's just very hard to find other insurance, right? Not really, because if you want to get insurance for an employer, great. You can find that. You can do that. But if you want to buy it directly from an insurance company, you have to obey all of Obamacare's rules. And the only exception, really, is a market that Congress is exempted from Obamacare. Congress calls it short-term health insurance. President Trump, in 2018, expanded the amount of consumer protections that are available in that market.

And what we found was that when you exempt people from Obamacare, the premiums end up being 60% lower for most people. The coverage is comprehensive and on some dimensions, higher quality than Obamacare. Broader choice of doctors. But there are a lot of companies. to do that? You got to, how do you find them? Because, well, they're out there, you know, United Health Care and Anthem and other large insurance companies offer these plans. All right. You got to do some research. Go ahead. But here's the problem is that President Trump made these more

widely available so they could last 36 months and provide better coverage that way. But, and that, those rules were in place for six years when President Biden rescinded them. So right now, those plans could only last four months. And if you, if, if you get sick, when you're in one of these plans, and then it runs out after four months, you don't have any coverage, you can't enroll in Obamacare for up to 12 months. Okay. So what President Trump needs to do. I don't want to get two.

All right, I got it. So Biden knocked it out, and now it's much shorter. What President Trump wants, according to the dispatches we received this morning, is to extend the Obamacare subsidies, but basically keep it the same as it is now for two years. Is that your understanding? That's what the reports say, but if it extends them for two more years, they're basically going to become permanent. Okay, all right, but let's just stop them now.

But Trump doesn't want to stop them now. He wants to extend for two years to get by the midterms next November. Well, what he wants is affordability. What he wants is to be able to say, hey, I'm making health insurance affordable to you. And all he needs to do in order to do that is tell Congress. I want you to make permanent those rules that I put in place in 2018 giving people access to Obamacare exempt plans, because then premiums will fall by 50% or more for most people in Obama. So he wants to go back to the three-year window where you can get in there to Obamacare

and you won't pay as much. Well, hopefully he wants to do that, but he's not saying that right now and his advisors aren't putting that in front of him. He's within like inches of the cup. And all he needs is for his advisors to hand him a putter, but they're handing him a lawnmower with all these crazy mechanisms that'll create confusing. Nobody understands it. Okay. Now, the Republican Party in general does not want to expand the Obamacare subsidies that were, that kicked in COVID. They want to go back to the original law. Is that correct? Well, a lot of Republicans still want to repeal Obamacare, but at a minimum, they don't want to expand it. If you're a lot of Republicans, expand it, you get into all these fights over, will the subsidies go toward abortions?

Will they go toward gender transition surgeries that are very controversial among conservatives? And they don't want to have anything to do with that. But I'm more interested in the affordability of it than the ancillary stuff. So right now, you have this confusing battle where Americans are paying a lot of money for their insurance through Obamacare and the others too. You say you can get a better deal, I believe you. But my question is, why don't all Americans seek the better deal? Are they lazy? Do they not know it's out there? Well, they can't really get a better deal right now because Biden rescinded Trump's rules. If Congress makes those rules

permanent, then most people in these changes will be able to get a better deal. That should be made permanent. What's the rule again? Well, we call it President Trump's 2018 short-term plans rule and all that Congress has to do is say, look, the short-term plans can last up to 36 months. Your insurer can sell you a renewal guarantee so that it can last even beyond that. You get lower-price insurance, better insurance, longer-term insurance, and it doesn't cost taxpayers a dime or destabilize Obamacare. So why don't they do that? Like I said, the president's within inches of the cup, and all he needs is a putter,

and this is a much simpler message than what his advisors are selling him. it is a much easier or better way to assuage the fears of nervous Democrats because we had these rules in place for six years. Okay, I got it. And Obamacare did not create her. I got it. Now, Democrats, they don't want any of that, right? They just want to spend more money on Obamacare, right?

Higher subsidies. If the subsidies work, then why are Obamacare premiums increasing 26% this year? Subsidies are not going to solve this problem. Okay. So why are they increasing 26%? ship. Why? Because they created Obamacare. They sent premiums skyward. And if people see those premiums, if they see the cost of Obamacare, they're going to be angry and they're going to want to repeal it. And so this is Democrat's signature achievement from the past 20 years, generation.

And they don't want voters to learn just how expensive and destructive Obamacare really is. But the voters already know that, though. They know they're suffering on their premiums because they have to pay out of their own pocket a lot of them. Well, very few of them have to pay out of their own pocket right now. More of them will have to pay out of their own pocket when these subsidies expire, and that's what Democrats are trying to avoid. They want to avoid that price transparency. Okay.

Shouldn't the government just cap it? They say, look, this is what you've got to pay for health insurance. If you're in this income bracket, this is what you've got to pay in that income bracket. Isn't that the way to solve this problem? Well, the government should be capping is how. much the government spends on health care and it should be capping that at zero. If you want to subsidize people, the least destructive way for the government to do that is just to give them cash. That might work in Medicare. I don't think it's going to work in Obamacare.

So send them a check? I mean, I know about the Trump wants the health care tax-free accounts where you would throw your money into a health care account. It wouldn't be taxed. And then you'd build that up to help yourself buy the premiums down the road. I got that. But you were saying that the government should send people checks to buy their health insurance? What the government should be doing with Obamacare is giving people options, alternatives, so that the need for subsidies won't even be there, won't be as great. Because people will be getting health insurance on their own that is secure, that doesn't rely on government subsidies.

But they'd have to order that to take place, the federal government would have to order that to take place. Yeah, Congress would have to get out of the way of private insurance companies providing people better health care than the government's provided. really think private health care insurance companies would be reasonable because they're not reasonable in house insurance and car insurance. They're not. They're gouging the hell out of us. There's a famous health economist at the University of Pennsylvania named Mark Pauley. He says health insurance companies will do anything for money, including being nice and reasonable. And so if you give the money to the consumers and they have to please the consumers, then yes,

health insurance companies will do a better job. But they're not doing it for home and auto. Not doing Well, there are ways that the government gets involved there as well and reduces competition in the markets for home and auto insurance. But look at auto insurance. I mean, insurance companies have been innovative in both the markets for health and auto insurance by protecting people from their premiums going up after they suffer a loss. That's what they call accident forgiveness. You've probably seen the ads.

The same thing exists in health insurance. President Trump tried to make that, did make that available to people. Clarified that federal law allows that. but the Biden administration rescinded that, which means that a lot of people are going to face cancer patient premiums when they get cancer instead of healthy person premiums. It's so confusing. It really is. I mean, it's almost discouraging to the fact, to the point where the normal everyday person cannot understand what the deuce is happening. And they can't. So that's where we are.

You know, gas pumps are confusing to people in New Jersey, but it's not because they're dumber than people in the rest of the country. It's because the government has banned self-service gas stations in New Jersey, so they don't learn how to navigate these issues. People make their own health insurance decisions, and all this will become much simpler, and the population will become better educated about all of it. I'm with you guys at Cato and Spirit, but this one, this health care mess, and this needs to be totally revamped, in my opinion.

Michael, thanks very much. We appreciate it. I know it's a very difficult subject. Thank you. As I said, the president's down Florida. And if you're down in a Palm Beach area, don't get a pogo stick or something, a skateboard. Everything's closed, all the roads. So it's a horror thing.

Venezuela, let's get into that. Look, Trump wants Maduro out. Maduro is the gangster who runs Venezuela. He wouldn't allow a free election. He's a horrible tyrant. The Trump administration says he is a leader of the cartel de los Soles, which is a drug outfit. This is just like Noriega in Panama, those of you of a certain age, will remember that Bush the elder invaded Panama, took Noriega physically out of the country

to Miami where they tried them and imprisoned them for being a drug dealer. It's exactly the same thing. Now, is Trump going to attack Venezuela? He doesn't like to do that. Doesn't like to engage in military action. Don't think it'll happen by Thanksgiving, but there's a lot of US military assets down there now. But we're keeping an eye on that.

Doge, remember he's Doge, Elon Musk, chainsaw, cutting everything, out of business. Gone. Vapor. Okay, the Department of Government, Efficiency, DOGE. No, gone. They closed it. They weren't supposed to close it until July, 2006, but they close it now.

So, a little chaotic. Mandani, more hysteria. All right, so he goes down to Washington. He meets with Trump, 35 minutes, 25 minutes. 25 minutes. They're waving at everybody. He seemed to get along. Here's what the president said.

What we did is we discuss crime. More than ice per se, we discuss crime. And he doesn't want to see crime, and I don't want to see crime. And I have very little doubt that we're not going to get along on that issue. Well, I hate to disappoint you, Mr. President, but you're not going to get along on that issue because Mandami does not want to put criminals in prison. Period. Period.

And I got a story coming up. I just prove it again and again and again and again. But this is really, I wrote a column yesterday, Bill O'Reilly.com called The Stunt Factor. This is literally kind of a stunt, political stunt. And Trump did it to annoy his far left critics. I hope you read a column, but there's nothing to this. It's not a serious thing. It's not going to be an easy time between Mandani and Trump.

First time Mandani impedes a nice investigation. Boom! No more federal money will stop. I'm waiting and see. Okay, Marjorie Taylor Green. Now, some of you know, I don't live in this world. I don't live in this political world, this party world, where this one's doing that, this one's trying to get attention,

that one's doing this. this. Only when it directly affects you, do I get involved? Because there are other stuff's a waste of my time and your time. So Marjorie Taylor Green is a senator from a rural area in Georgia, a senator, a congressperson. All right, she got famous because she used to be MAGA, then she's not MAGA because she was mad over Epstein files, on and on. I could not care less what this woman thinks. Sorry to be disrespectful. I am. She's probably a very nice woman. So she says she's not going to run again. So what? A Republican will run in her stead and they'll win the seat. That's a very conservative district in Georgia. But with the media doesn't report is that Ms. Green will most likely run for the governorship of Georgia next November. That's why this is all happening. Can't prove it now, wait.

Chicago, awful. 26-year-old Bethany McGee, on the L. The L is mass transportation from O'Hare Airport into town. Guy comes up, dumps flammatory material on her, sets her on fire, screaming, burn bitch. Okay. This poor woman who's in prison, scarred for the rest of her in prison. in a hospital, scarred for the rest of her life.

The guy who allegedly did is named Lawrence Reed, arrested 72 times 15 priors. He's got an active beef against him now. A judge lets him out on the street with 15 prior convictions, 72 arrests, lets him walk, no bail. So he burns the woman up. The judge's name is Teresa Molina, okay, Cook County Circuit Court. She's elected 2020.

She's still there, still there. Both the prosecutor, everybody said, please, judge, don't let him out. He's a violent person who's going to hurt or kill somebody. Judge says, I don't care what you say. I'm letting him out. What will happen to the judge? nothing. This is exactly the same thing that happened in Charlotte, North Carolina. Okay, exactly. Remember, the Ukrainian woman who was knifed and killed by a guy who had 15 priors? Well, at least North

Carolina passed Irina's law, where there is a bunch of stuff that can happen now to judges who allow these people, violent people, out. At least they did that. But the judge, you let the guy out, still sitting there. Here's the kicker on the Chicago situation. You will never have, in that state, Illinois. And I'm sorry to report this, because I know most people in Cook County

and most people in Illinois good people. Your state is gone. It doesn't care about justice at all. So the feds moved in, and they charged this Lawrence Reed with a federal crime of terrorism. They moved in because they knew the state of Illinois, even in the face of this guy burning this woman, the state of Illinois would not prosecute the guy to the full extent of the law. So the feds had to come in and do it. you want far left people of cook county you voted for this woman you put her on that bench

really makes me sick all right f a shan duffy secretary of transportation is given all the air traffic controllers who showed up for work during the government shutdown didn't call on sick didn't do any of that, 10 grand each, 10,000 each bonus. Good for you, Mr. Duffy, good for you. Let's reward good behavior. I'm back with a little more preview of what I'm going to do on YouTube about the social influencers. All right, here is the final thought of the day. I'm in a car getting driven back from New York City and the driver, good guy, hardworking guy. He says, do you know Candace Owens? I said, I don't. I never met her. well, I follow her. I said, oh, good. You know, she's on the Internet. And he goes, did you know

that Egyptian warplanes were following Charlie Kirk before he was assassinated? I said, really? How do you know that? That's what Candace Owens reported on her website. And I said, Oh, did she back it up? I mean, would you have manifest of flights? No, she did a lot of research. I said, oh, do you have any idea what that research was or where it came from? No, no, but it makes sense. This is the driver talking to me now.

So Egyptian warplanes, U.S. airspace, were following Charlie Kirk because he has to fly from venue to venue. You know, I said, let me look at that. Let me check that out. All right. I didn't argue or any of that. Now, I don't know whether Candace Hollins reported that or not. I don't know.

I know it's insane. So, but I didn't want to make the guy feel bad. But, you know, I understand a lot of this stuff is exciting, this conspiracy. see, I got it, but you've got to live in the real world somewhat. Egyptian warplanes in U.S. airspace, they kind of know that. That would get picked up. Anyway, I'm doing all this in the YouTube bonus. We hope you watch it, and then we hope you let me know.

Bill at Bill O'Reilly.com, bill at bill o'Reilly.com, Namentown of U.S.io Pine. Thank you for watching us tonight. We'll see you tomorrow.