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"

Date: November 25, 2025
Host: Bill O’Reilly
Special Guest: Michael F. Cannon (Director of Health Policy, Cato Institute)

Episode Overview

This episode tackles three timely topics:

• The dismissal of federal cases against James Comey and Letitia James
• New updates and analysis on peace negotiations regarding Ukraine
• An in-depth discussion with Michael Cannon on the spiraling costs and confusion of America’s healthcare system, focused on Obamacare and policy proposals

O'Reilly brings his trademark "No Spin" approach, offering behind-the-headlines context, blunt assessments, and his direct, colloquial style.

Key Discussion Points & Insights

1. Cases Against Comey and Letitia James Dismissed

[00:20–06:08]

• Breaking News: A federal judge, Cameron McGowan Curry, has thrown out prosecutions against ex-FBI Director James Comey and NY Attorney General Letitia James.
• O’Reilly points out Judge Curry was appointed by Bill Clinton and emphasizes the perceived ideological leanings of judges:

  “You’re not appointed by a Democratic president unless you’re liberal. Same thing with a Republican president… It’s the way the system works.” (03:15)

• The prosecutor, Lindsay Halligan, is a former Trump attorney. O’Reilly notes: This is “born out of personal animus… Donald Trump was persecuted by these two people and now it’s payback time. There’s no doubt about that.” (04:12)
• Dismissal is not final—the government can appeal, and it could head to the Supreme Court.
• Larger point: O’Reilly questions the cyclical nature of political prosecutions and urges more transparency for the public good.

2. Ukraine Negotiations Update

[06:09–13:52]

• Leaked Peace Proposal: An American-authored Ukraine peace plan draft was leaked to the Daily Telegraph (London). O’Reilly is vehement that this breach should be prosecuted under the Espionage Act:

  “Whoever leaked it should be charged… This is bad.” (07:30)

• On Negotiations: Secretary of State Marco Rubio led U.S. talks in Geneva (unclear if fictional/future), sans Russia. The Ukrainians issue a diplomatic thank you, but O’Reilly interprets the move:

  “Donald Trump’s way of negotiating…is you put out an extreme version…then you pull back… That’s how business people negotiate.” (10:20)

• Ukraine's Struggles:
  • 200,000 Ukrainian men are dodging the draft
  • Ukraine under severe manpower shortages, hiring mercenaries
  • Scandal in Energotom (nuclear power company); bribes and top officials implicated

  “Ukraine’s a corrupt country. It is, always has been.” (11:27)

• O’Reilly’s Assessment:
  • Trump wants the war over and recognizes Ukraine has “no bargaining power. None. It’s true. Putin knows it.” (12:40)
  • “Russia’s not going to lose the territory it’s gained already. … It’s just a death field over there.” (12:28)
• Memorable Quote:

  “All the Daily Telegraph got was the extreme version… The press just, you know what the press does.” (10:55)

3. America’s Healthcare System: Costs and Confusion

[13:54–26:08]
Guest: Michael F. Cannon, Cato Institute

Obamacare Subsidies and Cost Drivers

• Why Are Premiums So High?

  • Cannon: “Obamacare requires people…to buy a lot of coverage they don’t want, requires healthy people to pay higher premiums…to subsidize people with expensive medical conditions.” (13:55)
  • O’Reilly: “But millions of Americans choose to go into Obamacare, the programs, and they pay more, you’re saying, than they should. Is that accurate?” (14:34)
  • Cannon: “Most people…may be double what they should be paying…Obamacare lards up their premiums with hidden taxes and mandates…” (14:47)

• Availability of Alternatives

  • Cannon: “One…there aren’t really many other options out there because the government took most of them away… But there’s a market exempted: short-term health insurance. President Trump in 2018 expanded…premiums 60% lower…” (16:09, 16:27)
  • Biden rescinded Trump’s expansion; now these plans only last four months instead of 36.

• Upcoming Policy Decisions

  • Current subsidies (expanded in COVID era, up to very high income levels) are set to expire; if allowed, people will start paying a greater share.
  • Democrats want to keep or expand subsidies; most Republicans want to let them expire or go back to old law.

• What Should Be Done?

  • Cannon: “President’s within inches of the cup and all he needs is a putter…He needs to make permanent those rules [allowing short-term plans], then premiums will fall by 50% or more.” (22:03, 18:13)
  • Cannon: “The least destructive way for the government [to subsidize people] is just to give them cash.” (23:38)
  • O’Reilly remains skeptical: “You really think private health care insurance companies would be reasonable?... They’re gouging the hell out of us.” (24:38)
  • Cannon: “There’s a famous health economist…‘Insurance companies will do anything for money, including being nice and reasonable.’” (24:49)

• Why So Confusing?

  • O’Reilly: “It’s almost discouraging…the normal, everyday person cannot understand what the deuce is happening.” (25:47)
  • Cannon compares to New Jersey’s ban on self-service gas: Government interference leads to confusion and lack of consumer education. (26:08)

4. Other News Highlights & Rapid-Fire Topics

Venezuela Situation
[26:08–28:20]

• Trump administration wants Maduro out, likens him to Noriega, but O’Reilly doubts military action soon:

  “He doesn’t like to engage military action. Don’t think it’ll happen by Thanksgiving…” (27:10)

Closure of DOGE (Department of Government Efficiency)
[28:20–28:40]

• The agency was shut down months earlier than planned; O’Reilly calls the move “chaotic” and “more hysteria.”

Crime and ‘Stunt’ Politics
[28:40–29:55]

• Trump’s public meeting with Mandani on crime described as a “political stunt”:

  “There’s not going to be any détente between Mandani and Trump.” (29:25)

• Mandani’s resistance to harsh crime policy highlighted.

Marjorie Taylor Greene News
[29:55–31:00]

• Announced she won’t run for reelection in her district. O’Reilly’s take:

  “I could not care less what this woman thinks… She’s probably a very nice woman. So what?” (30:30)

• Expects she’ll run for governor of Georgia.

5. Outrage: Chicago Crime Case

[31:58–33:30]

• Case of Bethany McGee, victim of a heinous attack by repeat offender Lawrence Reed (72 arrests, 15 priors), set on fire in Chicago.
• Judge Teresa Molina blamed for freeing him with “no bail.”
• O’Reilly:

  “You will never have in that state, Illinois… Your state is gone. It doesn’t care about justice at all.” (32:50)

• Notes federal prosecution stepped in, state justice system failed.

6. Final Thoughts & Listener Moment

[36:30–37:30]

• O’Reilly recounts a conversation about internet conspiracy theories, invoking Candace Owens and the alleged assassination of Charlie Kirk.
• His take: “You’ve got to live in the real world somewhat. Egyptian warplanes in US airspace…that would get picked up.” (37:25)
• Promotes critical thinking and skepticism.

Notable Quotes with Timestamps

• On judicial appointments:

  “You’re not appointed by a Democratic president unless you’re liberal… It’s the way the system works.” (03:15, O’Reilly)

• On prosecutorial motivation:

  “This is born out of personal animus…payback time.” (04:12, O’Reilly)

• On negotiation style:

  “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.” (10:20, O’Reilly)

• On health insurance under Obamacare:

  “Most people…pay maybe double what they should be paying because Obamacare lards up their premiums with hidden taxes and mandates…” (14:47, Cannon)

• On market alternatives for health insurance:

  “President Trump…expanded [short-term plans]…premiums 60% lower for most people.” (16:27, Cannon)

• On government-created confusion:

  “It’s almost discouraging…the normal, everyday person cannot understand what the deuce is happening.” (25:47, O’Reilly)

• On repeat criminal offenders:

  “The judge’s name is Teresa Molina…lets him walk, no bail. So he burns the woman up.” (32:10, O’Reilly)

Important Timestamps

| Segment | Timestamp | |------------------------------------------------------ |---------------| | Comey/Letitia James cases dismissed | 00:20–06:08 | | Ukraine negotiations update | 06:09–13:52 | | Healthcare system/Obamacare with Michael F. Cannon | 13:54–26:08 | | Venezuela, DOGE, crime/‘stunt’ politics, MTG news | 26:08–31:00 | | Chicago crime outrage | 31:58–33:30 | | Final thoughts/conspiracy theories | 36:30–37:30 |

Tone & Style

The episode maintains Bill O’Reilly’s signature directness, skepticism, and “just the facts” framing. His language is plainspoken, sometimes confrontational, frequently skeptical of political motives, and marked by critiques of both government overreach and media sensationalism.

In Summary

This episode:

• Breaks down the politics and process behind high-profile legal case dismissals
• Calls out media and government failings in both international negotiations and domestic justice
• Engages in a substantive, jargon-busting conversation on healthcare confusion with an expert guest
• Highlights bureaucratic and political theater, as well as wanton failures of the justice system in high-profile crime cases
• Ends with a plea for skepticism against viral conspiracy theories

For those who missed the episode, this summary covers the full breadth of discussion and O’Reilly’s most cutting observations.