The latest on all this. Reporter hey, carl. If a few hours ago, it was the calm before the storm, it now feels like the storm is approaching with members of the house scurrying back and forth, a flurry of activity as people are taking meetings and going back and forth from the floor as we build up to that vote this afternoon. Of course, this comes in the wake of what you mentioned, that ultimatum coming from the white house delivered by budget director mick mulvaney, although this morning on squawk box, he did now say its up to republicans to reach a consensus among their own party. Heres what he said. As to whether or not negotiations are ceased, i think we made it very clear last night that if the republicans need to work amongst themselves on the hill in order to tweak the bill a little bit here or there, in order to get the necessary votes to pass, thats fine with the president , as long as it doesnt change the underlying bill, and i doubt that it would at this point. Reporter there are some reports, though, that the white house has been holding Backchannel Communications with some members that they are still trying to sway, not the president himself, but some of his advisers. But senior gop aides say that, basically, all negotiations have ceased, that at this point, no substance of the bill can change but that there is still a question over where exactly the Freedom Caucus, that conservative wing of the Republican Party, stands at this hour. Perhaps thats why this morning we saw the president himself from the official potus account target the Freedom Caucus specifically, tweeting, the irony is that the Freedom Caucus, which is very prolife and against planned parenthood, allows the institution to continue if they stop this plan. So, interesting to see the president taking direct aim as he seeks to close this deal, despite the fact that negotiation with the white house is apparently over. Finally, there is this sense that the white house wants to move on to something else. But i talked to aides here who say thats a little bit premature for this reason in particular. Despite the fact that republicans generally espouse tax reform, its something that hasnt been done in several decades, and health care has been top of the agenda, to the point where house and Senate Leadership are actually relatively aligned on their health care plan. They havent been talking about tax reform and they dont have alignment there, and thats what aides are telling me here, that we cant get ahead of ourselves about tax reform because that hasnt been something thats been discussed at a granular level between leadership. Whats been discussed is this bill that we have hitting the floor today. Guys . That is a key point for stocks, kayla, no doubt about that. Thanks to you. Talk to you in a bit. Kayla tausche in washington. Its not Just Health Care regarding markets today, the president giving the green light to Keystone Pipeline this morning. Take a listen. Today im pleased to announce the official approval of the president ial permit for the keystone xl pipeline. Transcanada will finally be allowed to complete this longoverdue project with efficiency and with speed. Were working out the final details as we speak. Its going to be an incredible pipeline, greatest technology known to man or woman. And frankly, were very proud of it. To break down the Market Impact and how investors should be positioning today, lets bring in jeff sout with raymond james. Were seeing drama coming off the hill, but is passage of this Health Care Bill bullish or bearish . I think it would be bullish, at least in the near term. And i lived in d. C. For a long time. I still have a pretty good network on capitol hill. And typically, they dont bring a bill up for a vote unless theyre pretty sure that they can pass it but things are not typical in d. C. Anymore. All right, jeff, in the meantime, what about the keystone act and the fact that oil prices, which are now below 48 bucks, have been a risk for the market . Our last guest said it could go down to 43. Well, theres a meeting over the weekend among four big oil producers, including russia, i might add, and thats been kind of keeping oil under 50 a barrel. I think the Keystone Pipeline should have been built years ago. Its the best technology. And you know, theres already a bunch of pipelines that run over the aquifer, which is what a lot of the environmentalists are worried about. The Health Care Bill passing would be bullish, and it looks more uncertain than ever, but how do you read the markets and what theyre doing this morning . All the major indices look to me to be higher, but for all that we know, later this afternoon when this comes to a vote, theyre not going to get the result that they thought they were going to get yesterday. Does this not put the rest of trump and the gops agenda in jeopardy . I think it does. I think you have to solve the Health Care Issue first because theres a bunch of embedded taxes in that, before you can attack the Corporate Tax schedules. So i think its important that it gets passed today. You know its going to be completely rejiggered in the senate, but i think its important that it passes. And my contacts on the hill suggest to me that theyre still one or two votes short. And so, if it doesnt, what does that mean for next week . If it doesnt, i think the market takes a hit here. Youve already broken below the range its been in, between and moving day average which has acted as a buy spot. So youve broken down a lot of technical indicators here as of late tuesday. So youre not a buyer of the narrative that for the markets, at least, health care was like a vegetable a meal part of the meal they were not interested in. They really wanted the sweet stuff in taxes, and that setting it aside allows them to move on to just that . I think President Trump will move on to that, if the Health Care Bill goes down, and the market was also looking for less regulation. I think theyve done a pretty good job on tweaking some of that stuff already. So, but i do think the vote today is very crucial in terms of the nearterm directionality of the s p. Jeff, meanwhile, technology has been one of the best performing sectors. I guess earlier suggested that as we kind of move through this political, you know, this series of political events, fundamental strength needs to come back to the floor. What would you be a buyer of here . I still like technology. Believe it or not, i like energy. I think oil prices are not going to stay down here forever. Our oil team in houston has done a very good job on calling the price of oil, both on the down side and the up side, and they think prices are going to firm from here. All right. Jeff, thank you for joining us this morning. Jeff saut there from raymond james. Always a pleasure. Sticking with the theme this morning, its health care, of course. Lets get out to the cme group where Rick Santelli has the Santelli Exchange and a special guest. Good morning, rick. Good morning, kelly. Indeed i do. Former president of lily usa, alex azar. Mr. Azar, thank you for taking the time this morning. Well, thanks. Im glad to be with you. All right, youve been listening to the ongoing conversations pretty much all coming to very similar conclusions. Its not exactly the perfect plan. If youre a pragmatist, you say, well, this is the best we can do for now. If youre a purist, you want to do more. How do you weigh in, just superficially, on the issue of passage of the bill . Well, i think thats really well said. Its important to remember, there has been such a vitriol, even within the Republican Party about this piece of legislation right now, but the amazing thing is the Freedom Caucus and house senate and white house leadership, theres really ideological agreement about the end outcome, which is obamacare made the hhs secretary and the National Government the insurance commissar for the United States, and they want to get rid of that. Its now a question of tactics. And the simple fact is republicans do not have 60 votes in the United States senate. When democrats passed obamacare, they had 60 votes. They could pass regular legislation regulating insurance. This legislation is whats called reconciliation. Its a budget vehicle to basically adjust taxes and adjust spending to hit budget targets. And if you throw something into that legislation in the senate thats just purely regulatory, you may get it kicked out and be subject to democratic filibuster. So, the fights really about tactics right now between the Freedom Caucus and leadership. The Freedom Caucus wants to try to gut a lot of those insurance commissar regulations from the center, but leadership is saying were going to send this over to mitch mcconnell, and hes going to have a problem, because this may subject this to democratic filibuster. So, its unfortunate its gotten so darn heated, because everybody pretty much agrees on where they want to get to. Its just about tactics. Well, now, lets dig into some of the changes that have been made to put this over the goal line. Now, some of the changes are to what they call the essential Health Benefits. That seems to be something that the Freedom Caucus wanted. You hit on it. More states the states now get to make more decisions, and more funding for the issues theyre in maternity, mental health, substance abuse. That will go into patient state and state stability fund, of billions more dollars. And of course, the cbo weighed in again. Theres less savings and theres subtle changes. Im paraphrasing, subtle changes in the numbers of uninsured. Finish us up with will those changes be enough, in your opinion . I think they will pass this, whether its today or over the weekend or early next week. I think theyre going to end up passing this, because they will have put the changes to essential Health Benefits that the Freedom Caucus wants into the legislative package. I think it will get across the goal line. I do have a lot of trouble imagining that after probably one of the clearest legislative mandates in election history to get rid of obamacare, members are going to go back this fall and say, yeah, we decided were going to keep obamacare forever because we couldnt get everything exactly the way we wanted in this legislative package. So, i think its going to get over in the house. Thats the easy part. Now the hard part begins is going to be in the United StatesSenate Getting to 50 votes, because youve got a more liberal caucus there, youve got cuts to medicaid that a lot of members are upset about. You have concerns about whether theres adequate substance tiesation for buying access for insurance for people. You have questions of whether the new penalty for staying enrolled in Health Insurance in order to avoid a preexisting conditions ban, if thats enough of a hammer there to keep people in. There are some really big issues coming in the senate now. Like i say, the house part, this is the easy part today. Well, mr. Azar, we appreciate your opinions. Everything you said seems logical, but the asterisk is, were talking about politics here. Logic sometimes dont figure in. Thank you for your time today. Carl, back to you, sir. Good interview, rick. Thank you very much. When we come back, twitter reportedly hatching this new plan to raise some revenue. Well talk about that. Let the bidding begin. The nfl selling streaming rights to next seasons thursday night football and at least four tech names you know are interested. And of course, all morning long we have our eye on washington as we await more details on the Health Care Vote and events at the white house, when squawk alley comes back. Post 9 is sponsored by fidelity investments. Innovative ideas for serious investors. We cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. On a perfect car, then smash it into a tree. Your Insurance Company raises your rates. Maybe you shouldve done more research on them. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. And if you do have an accident, our claims centers are available to assist you 24 7. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. Welcome back. Twitter is considering a Premium Version of its tweet deck unit designed fof power users. Theyre conducting a survey about whether or not to collect subscription fees for the first time. The popular move away from ad dollars comes amongst online problems for ads. Jpmorgan spending running ads on youtube for fear of being associated with offensive or extremist videos. Business ceo Henry Blodget joins us at post 9. Good morning, henry. I want to tackle this youtube thing first. Why now . I mean, there have been crazy videos on youtube for a long time. Google has not exercised granular control over where things appear. This seems kind of coordinated. Yes. I know it started in europe, but have the ad agencies finally had enough . Sir Martin Sorrell has been speaking out on this over at wpp. Well, when you get called out by name on the front page of a newspaper with a massive headline saying, what a scandal, youre supporting extremist content, brands are going to say, hey, wait a minute, no way. So, this has been simmering for a long time, something that actually i dont think is that hard to deal with. In fact, its time that youtube and google dealt with this. Television forever has been very careful about promising advertisers the environment that they deserve. Wait, wait, wait, that hard to deal they are uploading 600,000 hours of video all they need to do is create different tiers and promise certain advertisers, you want safety . Great, youre going to pay more for it because we know its going to be safe, and we are also going to license content that is very appropriate, that youll be proud of supporting, and youll know that and it will cost more. What you cant have, and what everybody seems to want to have is we want to pay nothing for everything, and there are not too many areas of society when you can actually do that. So you dont think its colored by t and verizon getting into businesses that would compete more directly with things like youtube . I think that the whole industry is going from the wild west era where it was just huge tonnage, dogs on skateboards, anybody upload anything to getting more and more professionalized. And with the amount of money thats being spent on it by brands that justifiably care a great deal about their image and what theyre supporting, theyre now going to demand more. And googles in a great place to provide that as are lots of other premium publishers. Do advertisers want guarantees we wont be up against xyz . Absolutely, and they certainly deserve to have that. And advertisers always have again, going back to television, when you sell the super bowl, it is very clear what they are buying. And when you have scandals around that, theyre justifiably very angry. So, now google and facebook and others have to move into this world, and thats okay. Its just more professionalization. It will happen. Its not a mystery. Are we crossing into a new era . Tech has traditionally been allergic to paying for content. The whole idea behind usergenerated content was supposed to be, well, we wont have to pay for this. But then the buying stars and youtube stars eventually once they became stars want to get paid. I mean, now, is the whole ecosystem moving to a model where you dont get quality that you can run ads against and run a business against unless you pay for content . It turns out that producing compelling, great content is actually difficult. And some people are better at it than others, and they do need to eat. Well, thank you. Yes, exactly. Ultimately, folks deserve to be paid for that. And weve definitely been moving in that direction for a long time with netflix, and youtube has been buying a lot of time. This dovetails into twitter, the ultimate example of usergenerated content. Everybodys putting it out there and viewing it for free, but that may change if they charge a subscription model for some of the services. Will that work for twitter. Based on what im seeing, its just initial market research. People are like, hey, could we charge for this . Lets ask our folks and well see. I think what theyve described, charging news organizations for distribution or distribution power, its a pretty small opportunity, i would say. And i think they would have real trouble having normal people pay for news. Really . Oh, absolutely. Why is that . Why . Because you can get news everywhere. And twitter does have a very dedicated news addict community. Thats the strongest thing about it wait, wait, wait, we have an expert sitting right here, carl. If they charged you i had this debate with Darren Rovell on twitter all the time. Id pay a lot of money for tweet deck. Oh, its a lot of money. I dont know, 100 a month . You would pay 100 probably practice im paying for cable. The problem is thats amazing, first of all. That is a lot. But secondly, if had they charg 100 a month, all the people you like interacting with would disappear because most people wouldnt pay that, i dont think. I am not paying for any tool that only works on twitter. Ive got so many social networks to feed and Pay Attention to, its got to work across all of them. This nfl news about thursday night football with twitter possibly competing up against youtube, facebook and others for thursday night football, does that fit into this narrative for you . Absolutely. This is where everything is going. And i hope i enjoy watching football that every game is on multiple services very soon. Its annoying that its just thursday night. Itd be great to get all the sunday games on there, too. Those are kind of the crummy games and theres debate whether they should even exists because it robs from better lineups on sundays and mondays. Im sure theres a secret money reason in there. Im not sure what it happens to be, but im looking forward to being able to watch football on all platforms. And yes, this is where the platforms are going to have to step up and pay big money for content that we know millions of people want to watch. Were going to be hearing from the president in a moment, meeting with charters tom rutledge, which, setting aside health care and keystone, sort of brings to mind the isp story earlier in the week and all the media deals that are still on the runway, awaiting takeoffs of various kinds in front of the white house. Yes, and there still is an element of unpredictability, because with regard to Everything Else, the president is stepping back, saying hey, there should be less regulation. And then he said some of the things about some of the media transactions where he says hes going to get involved and try to block that because somebodys made him angry with the way theyre covering him. So, lots of questions around that. Here is the president. Thank you very much. We greatly appreciate your being here. Im delighted to welcome tom rutledge, chairman and ceo of Charter Communications, a great company, to the white house. Im also very honored that my friend, Texas Governor greg abbott, my good friend and supporter i love you is here with us today. Very appropriate. Hes done a fantastic job in texas, and we have a previous governor that did a very good job, right . Right. Where is he . Hes here someplace. Hes standing right over there. Im very excited about the announcement we are about to make. First, some background. Five years ago, Charter Communications was a struggling company that had slowly emerged from bankruptcy. Today, thanks to hard work and unbelievable leadership, truly great leadership, its the Fastest Growing television, internet, and Voice Company in the nation. I would say thats a good job, what do you think . Its a good job. Not bad very impressive. Bring him into government. Tom rutledge and his team turned the company around, and they did it very quickly. They created a culture of Customer Service and excellence. And most importantly, they brought back many jobs that had been shipped overseas, something thats happening far too often, but were changing that. That has been good for certain businesses but not good for the United States, not good for america, not good for our people. When American Workers win, america as a country wins. We Want Companies that thrive and hire and grow right here in america, and we want them to use American Workers and american citizens. Today, i am thrilled to announce that Charter Communications has just committed to investing 25 billion with a b, 25 billion are you sure thats right . Right . Not with an m . With a b, right . With a b. 25 billion here in the United States, and has committed further to hiring 20,000 American Workers over the next four years. Charter is also committed to completely end its offshore call centers. That is such a big deal. And to base 100 of its call centers here in the United States. All american jobs. This is great for their workers. Its great for the customers. And its certainly great for the United States. And you watch, it will be one of your really fantastic decisions. Tom will be opening a brandnew, beautiful call center in mcallen, texas. You know mcallen well, right . I love it. Great place . Great place. I knew you were going to say that. Where they will create 600 new american jobs. Charters announcement follows a number of american businesses, from exxon to intel to lockheed to boeing, to many others, that have recently announced billions of dollars in investment and thousands of jobs coming into the United States following my election victory. We are embracing and by the way, thank you for your support. The governor was a great supporter, wilbur and reed. A great supporter. I want to thank you. Youve done a fantastic job. Were embracing a new economic model, the american model. Were going to massively eliminate jobkilling regulations. That has started already, big league. Reduce government burdens and lower taxes that are crushing american businesses and American Workers all over this country, and we are really in the process of announcements. And youre going to see thousands and thousands and thousands of jobs, companies, and everything coming back into our country, and theyre coming in far faster than even i had projected. So, were honored. Id like to have tom rutledge say a few words about what hes doing and about his great company. And after that, you guys can go back to health care. [ laughter ] thank you, mr. President. You know, its a great pleasure to announce these jobs. And you know, charter has been insourcing jobs for the last five years. And as a result of that, our companys performed tremendously, using highskilled, highquality workers actually saves money. And it saves money, as you know as a builder, if you do the job right the first time, its a lot less expensive than redoing it. And weve found that in the service business, and weve found that we can actually do better with highquality, highskilled, American Workers. And so, weve been doing that, and our company was so successful that we were able to recently do a huge transaction with Time Warner Cable and Bright House Networks and put together this tremendous company. And as part of that, were going to insource all the calls that Time Warner Cable outsourced. 50 of their calls are leaving the country. So, were going to bring all that back and create 20,000 new jobs, and were very excited about that. And were also excited about the opportunity in the right regulatory climate and the right tax climate, to make major infrastructure investments. Were going to spend 25 billion. Were committed to spending that, predicated on the kind of regulatory consistency and efficiency that we expect as a country. And so, were looking forward to the opportunity to create these jobs and to build this infrastructure. And kipp mayo, who manages our call centers, would like to tell you what were going to do in mcallen specifically. Go ahead. Okay. So, with the opening of the Mcallen Center, it gives us the capacity to be able to create over 600 goodpaying jobs. That allows us to insource work that is currently performed through third parties. The Mcallen Center will be our first fully bilingual call center. It will allow customers who prefer to communicate with us in spanish to do so, and we will provide them with service and technical support. We have already hired a general manag manager, very qualified, woman who is bilingual and is also, coincidentally, a native of mcallen. We expect to open the call center next month, and weve hired over 100 employees already, and they will be trained and they will be ready to assist our customers in just a few short weeks. So, this is a very big step for us in our strategy, in our plans over the course of the next few years to create jobs and to bring work in from overseas and back to the United States. And theyre good jobs, too. And theyre highpaid jobs. They have pensions, they have health care. Theyre the kind of jobs people want. Theyre good, solid, middleclass jobs, and were proud to make them available. Thats great. Thank you very much, tom. Fantastic job with the company. Unbelievable job. Id like to just close it out by asking my friend, Governor Greg Abbott, to say a few words, and hell talk about the company, but hes very proud of what theyve been doing in texas. So am i. So, greg . Sure. Well, first, im proud of you. We have a president who is living up to his campaign promise, and that is to create more jobs, but also to create more jobs by returning jobs from overseas back to the United States. I want to thank Charter Communications for the great job youre doing, but also for expanding in the great state of texas. We are happy that this First Tranche of your expansion is in the rio grande valley, in mcallen, texas. You talked about the texan environment, the regulatory environment. Texas is number one in the nation for job creation because of the pro Business Climate that we have, because we have the right workforce to take care of the needs of Companies LikeCharter Communications. So, this is a winwin. Its a win for the president , its a win for charter, its a win for the great state of texas. The country is better today because of the jobs that will be created tomorrow in mcallen, texas. Thank you very much. Thank you. Thank you. Congratulations. Thank you. Congratulations. Thank you. Okay. Thank you very much. Thank you. With that, the president s day continues. Tom rutledge of charter there, along with Governor Greg Abbott of texas. The headline appears to be, once again, a Company Coming to the white house to express a commitment to create jobs in this country. This one appears to be something they talked about prior to the closing of Time Warner Cable. Yes. There seems to be a Running Stream of that, but thats it. Come on, lets celebrate it. It is good. These are goodpaying jobs. Like to see them in the United States. Thats great. Its a great media day for the president , who is changing the subject from the train wreck thats happening across town, and thats good. I also wonder, weve got tom rutledge there. David faber had to say that these verizon charter talks were not moving forward a couple months ago, after they bought Time Warner Cable, and as those in new york city now call it spectrum, the service. This reminds me of a time we took a gift that we okay, well, well talk about that, but its kind of a little bit of regifting to the American People when it comes to jobs. Lets get to eamon javers. He joins us from the white house with more reaction. Eamon . Reporter yeah, hi, kelly. I dont think they would call it regifting here at the white house. This is the sweet spot of this presidency. This is what donald trump likes to do as president of the United States, sit there in the oval office with ceos and make big, splashy announcements. 25 billion is certainly a big, splashy number. 20,000 americans getting jobs inside the United States, thats a number they like here at the white house. So, this is the kind of thing that this president wants to be doing maybe more so than dealing with the headaches of health care up on capitol hill, which is turning into a very sticky wicket for this administration. So, expect to see more of this over time. Whether its regifting or not, they clearly like doing these events here at the white house, and they like spotlighting American Companies that are bringing jobs home, not just because of the company itself and this particular announcement, but they feel that the pressure that they put on other companies by shining positive spotlights on those that are doing it will encourage other companies to bring jobs home as well in the hopes of getting their own oval office announcement, guys. All right, thank you, eamon. Good point, eamon. And whether its about a commitment made fresh today, whether its a regift i love that phrase. That matters, though. There is something ethereal, though, right, about companies thinking about domestic production, repatriation of employment, right . Its good absolutely and the idea that were working with companies to do it, its just not scaleable is the problem. Were talking about 600 jobs here. We need millions, so and context matters. This is something charter said they were going to do in the context of this merger, arguing for why this merger was going to be good for america, right . So, to then take that, repackage it and regift it to the American People as if its something that newly elected President Trump did, eh. Kind of good politics. It is good politics. One thing of many. Very clear, very consistent with him is you do him a favor, hes going to do you a favor, and this could come in handy later. Interestingly this morning Steven Mnuchin talked about evaluating the border adjustment tax, things that could affect the dollar, hurt exporters but they dont want to hurt walmart shoppers. There are a lot of pieces to the puzzle of creating jobs in the country while creating a more pro business agenda. Were going to take a break. Henry, thank you for being with us. Henry blodget from business insider. Well come right back with the dow up 26. At fidelity, trades are now just 4. 95. We cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. And at 4. 95, you can trade with a clear advantage. I love the smell of napalm in the morning. No, this is double espresso. Hodor hodor ehhh, hodor. You guys watch game of thrones, right . Inconceivable surely, you cant be serious. I am serious. And dont call me shirley . Stream all your entertainment. Introducing at ts new unlimited data plans. Plus, get the amazing new iphone 7 on us. Whats Critical Thinking like . A basketball costs 14. Whats team spirit worth . cheers whats it worth to talk to your mom . Whats the value of a walk in the woods . The value of capital is to create, not just wealth, but things that matter. Morgan stanley we cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. Heavy day of news in washington. Weve got keystone going on, charter, of course, just now, and then theres the vote coming on health care at some point today, which will influence the agenda for the next few months. Joining us, lanhee chen, former policy adviser to mitt romney and ma. Good to see you both. Good morning. Maya, taking your temperature right now on the Health Care Issue as it stands on the hill, where is your head on it . Well, i dont know what i expect to happen for the rest of the day, but i do think that no matter what, we still need more time to get both the objectives of what were trying to get done in Health Care Reform done and have more political buyin, obviously. And i would just point out that weve never really laid out what the major goals of repealing and replacing obamacare are. And from my perspective, one of the things i think is most important and that hasnt gotten enough attention is controlling Overall Health care costs. The biggest policy growth in our budget, of course, is health care, and we need reforms that will help bring those costs down a lot more than what i think have been added to the bill so far. So, i hope thats something the focus will include Going Forward. Yeah. As someone who knows how this gets done, i wonder whether its policy or process, are we looking at rookie mistakes here, or are there things on the hill that were out of the white houses control . Well, sometimes process and policy blend and they become one. I think thats kind of what youre seeing here. I dont think its so much rookie mistakes as just this is a very complex area, there are winners and losers any time you tear apart a large piece of reform like obamacare. I agree with maya, Health Care Costs are absolutely the first and foremost issue that any reform has to tackle. I would take slight issue with the notion that this bill doesnt do that. Obviously, i think reforming medicaid is a huge imperative for states. Its a huge imperative for the federal budget Going Forward as well. So, i think this bill accomplishes some of that, but certainly, the process was not ideal. And as a result, i think youre seeing policy that nobodys really super happy about, although there are elements here that i think are important and important to move ahead with. And were looking at the hospital stocks up again today. Lahnee, what about after this . The president s made it pretty clear, he wants the vote now. If it goes down, theyre going to move on. And in that case, it sounds like the biggest worry on wall street, which is that the whole trump agenda might be stalled maybe doesnt hinge on passage of this act. Do you buy that . Yeah, i dont think the trump agenda hinges on it. I think the challenge we have Going Forward is if you dont do something definitive about the Health Care System now, youre leaving health care providers, youre leaving payers with a lot of uncertainty. And we know that business does not like uncertainty, and thats going to be a significant issue. Obamacare is having some serious issues in some states, some parts of the country. That needs to be addressed. And so, i worry if we just move on, were not getting to the fundamental issue here, which is what were going to do with obamacare Going Forward. And maya, some could argue, critics could argue that the gop kind of spat in the water here, promised the people soda, and now if we dont get the soda, theyre saying, well, okay, you can drink the water. The Obamacare Exchanges are kind of a mess. People havent been sure whether they should sign up for this, whether it will be there. What is the impact on the budget that you see if we end up kind of having to kick the can down the road, which seems to be a term that we only use for congress these days, when it comes to health care . Yeah, great question, because i think theres two big issues here. There is the uncertainty of not resolving these situations and putting these fixes in place that lahnee was just talking about, and we know changes are going to have to be made. And the longer that we wait and listen, this is really complicated. It takes time to put a bill together. But if this stretches out for another year or two, theres a whole lot of uncertainty, both for consumers and in the markets and for providers that makes the situation more challenging than its already been. But at the same time, its effect on the budget is very profound. And let me just point out that republicans budgets in the past assumed very large savings from Health Care Reform, from repealing aca, to the tune of 2 trillion. And what weve seen is the score of this bill would save the first score would have saved about 337 billion. The next score is less than that. Weve seen a watering down of all these savings. So, as we look beyond the Health Care Horizon and think about things like tax reform and the overall budget, one of the Big Questions is how youre going to square the circle of all these numbers. Omb director mulvaney has talked about getting balance within a decade. Thats a very aggressive goal. But if theyre going to try to do anything close that that, we are going to need to see savings from health care and other areas of the budget. Well have to move into the big picture of how this fits into Everything Else on the fiscal side. Lahnee, implications for future legislation . Some argue that if this goes down today, other things on the agenda, like taxes, will need to be chopped up into easily digestible portions with maybe a different calculus of support. Do you think thats true . I think what were seeing here is that any time you try to put a large piece of legislation together, and youve got many different parts trying to move at once, it is very complicated, which is why at one point republicans had talked about repealing obamacare and dealing with replace in pieces. Obviously, they went with this approach. I think on tax reform, its going to be a little bit more challenging to chop that up because the individual and the Corporate Tax systems are interrelated. So well have to see what happens. But theres no question, the further you go into this, the longer you wait, the more difficult it becomes politically, and i think thats a challenge theyre going to be facing Going Forward. Maya, lahnee, we still have to get through today. Appreciate your insight. Thanks. Thank you. Watching markets at this hour. Seeing pretty good breadth, at least. Index action is not heavey. Dows up 29. Another ipo at the nyse this morning. Well talk to the ceo in a first on cnbc interview. music plays heigh ho heigh ho heigh ho heigh ho its off to work we go heres to all of you early risers, whats up man . Gogetters, and shouldbe sleepers. From all of us at delta, because the ones who truly change the world, are the ones who cant wait to get out in it. Im Brian Sullivan. Today on the Halftime Report, whether Congress Approves or rejects the Health Care Vote, our question is how much of an impact will tv on the rest of the trump agenda, including tax reform, and what stocks and sectors might be most impacted. Plus, the catalyst and headwinds you need to watch out for that are not coming from washington. Believe it or not, things outside washington are actually happening. And just when some investors thought it was safe to get back into the retail space, a new threat emerges, threatening to force those beatendown stocks even lower. Well tell you what that is. The Halftime Report kicks off at noon eastern. All right, sounds good. Thank you very much, brian. Lets get to the cme group in the meantime, check in with Rick Santelli, get the Santelli Exchange. Busy day, rick. It is a busy day, but its not a day where youre going to use the benchmark for bids for how big the ranges are. And thats kind of the point here. If you look at ranges, whether today its the s p, the nasdaq, the dow, tenyear note yields, dollar index or yesterday, what youll find is that theres not much that separates the high trades and the low trades from an intraday basis, especially when you go close to close to close. Now, im going to make a statement, and i dont mean it to be derogatory in any way, but it seems to me that the adults in the room most likely are the markets. Not to say that politics isnt crouched in emotion, uncertainty, ill logic, and it usually makes markets get a bit crazy. I harken back to the crisis with the t. A. R. P. Vote. But its hard to argue with the notion, at this point in time, based on what we know, in a quantitative, hard data fashion, heres what we do know, that if you just look at the data and forget Everything Else, really, prenovember to now, that the base line of data relative to what we would like it to be is still light. Were still datalight. Durable goods number wasnt bad. But when you looked at the proxy for capital spending, it was negative, and its been running at a muchreduced clip for quite a while. Productivity, same issue. Yes, we have enough jobs. But like anybody in the world, you know, if your bills are 60,000 and you make 20,000, your boss doubles your salary to 40,000, thats wonderful, but youre still not paying the bills, okay . So, theres something missing. Now, the markets have been very kind, as you see on all these charts starting before the election, with respect to what it somehow thinks is going to come down the pike. But it doesnt seem to be flustered by the fact that the base line of data hasnt changed much. It doesnt seem to be flustered that its messy making sausages in washington. I think thats a good thing, and i really think that if you had to break it all down, the fixed income markets, taking into account a lot of global channels, central banks, growth in europe, whats going on in japan, the Foreign Exchange side of this is an extension of that line of thinking. So, those two markets listen, im not surprised that 263s the high yield close for the year, no matter what, if we were still in a Previous Term of the previous president , i think the resistance levels would be about the same. So that leaves the equity markets. Now, does that mean that if this passes or doesnt pass, theres not going to be a response thats much more aggressive than were seeing right now . No. Because we all know if youre a trader, past performance might not be indicative of future results. Kelly, back to you. All right, rick. Fired up. Thank you so much, Rick Santelli this morning. Alteryx, the latest company right here to make its market debut on the new york stock exchange. Shares are up nearly 11 . Were going to speak to the ceo in a first on cnbc interview right after this. Oh. Not the smooch method come on. Whats going on here . You know how Ge Technology allows us to fix problems before they. They slow production, yeah. Well, no more catchy business acronyms. Wait, we dont need to smooch . Im sure we can smooch a solution we just need to hover over the candice, problem until. Just let it go. Hey, sorry im late for team building. Smoooooooch that felt right. Whats wrong with you . Hes so trusting. House Intelligence CommitteeRanking Member adam schiff responding to the chairman devon nuness call for a closed session briefing with the fbi and nsa directors. Heres what he said. He wants to bring back directors comey and rogers for a closed session. We welcome at any time bringing the former directors back in closed session. We dont welcome cutting off the Public Access to information when we have witnesses as these three very important witnesses who are willing and scheduled to testify in open session. Meanwhile, Enterprise DataAnalytics Software company, alteryx began trading. The ceo is here at post nine. Why put the y in if its all trex trex. This is a very important day for you. Talk about the importance of this capital for your growth plans. Its strategic capital, so well have the opportunity to perhaps make acquisitions in the future, continue to grow the business like weve been growing it for the last few years. And its just a day in the beginning of the next chapter. Youre a young company, relatively small. We havent seen that many of those come public. Often, investors have to wait. But im also looking at some of your financials. It appears that marketing, sales and marketing costs are growing almost as fast as revenue. Thats often an argument for consolidation in this space. How long before, kind of, the ballot shifts when it comes to that kind of metric . So, we have 86 million in revenue last year, 59 growth. Eclipsed only by 57 growth in our net new customers. Our customer acquisitions costs continues to come down. The payback period is now under 20 months, which is pretty top pixel for the sass world. And we havent seen an Analytics Company go out publicly in a very, very long time. We believe that the market is ready for a powerful platform like ours in the line of business, and were going to drive it forward. I see here, data cleansing, data blending, faster data preparation. Do you consider yourself big data . What is the niche in the market that makes your company and your services so essential . So, alteryx is a platform that allows an analyst to prepare and blend and then most importantly, analyze any kind of data. Big, little, structured, unstructured, data in the cloud, on the ground. You can consume any content, apply any analytic process, from basic arithmetic to algorithmic to statistic and share the data with people who matter most in metaphors they can understand, whether its to a spreadsheet, a word document, to a dashboard, to salesforce in a next best action model. We make it really easy for analysts around the world, the citizen data scientists to become productive in their work. I like that, the citizen data scientists. You were making the point earlier offcamera, when you started the company, analytics werent happening the way you liked it, like you thought it should be happening. And thats why you went out on your own. So the analytic process of yester year is completely broken. Today, if you didnt have the alteryx platform, an analyst would go to i. T. And there would be a statement of work, a requirements document, technical specification, waterfall development. And you would get the answer in six months to and you would have forgotten why you needed the answer. And today, we turn every data worker into a discoverer of marginal profitability for the enterprise. They love their jobs now, theyve become very productive, and theyre answering really hard questions for the business. Well, its making my head hurt, so im glad theres always these people doing it. Dean, thank you so much for joining us. Congratulations. Thank you for having me. Happening on a day where the markets are hanging in there, as we await mar procedural votes and final votes on health care. Dow is up 32 points. Back in a minute. It was always a dream of mine to become a professional soccer player, but i never imagined that id be playing in kansas city. When i was first elected mayor, they would talk about kansas city, kansas like. I cant wait to get out of here. Through the years we lost over 30,000 people. We turned that obstacle into an opportunity. The speedway was the catalyst. And because of the speedway we now have a shopping area and a wonderful soccer stadium. And now were starting to grow in population. Its extremely important to have Financial Partners such as citi® who believe in that same vision. This area is now a destination. Theres people that come out here for entertainment. Theres people that come out here to work. To raise families. And before the stadium was built it wasnt like that at all. I wouldnt trade playing in my hometown for anything. Adios, honey, hasta la vista, baby. singsongy im a fat guy in a little coat. Fat guy in a little coat. That rug really tied the room together. Any questions . Bueller . Bueller . Stream all your entertainment. Introducing at ts new unlimited data plans. Plus, get the amazing new iphone 7 on us. Welcome back. Silicon valley is known for innovation. And some of the skills necessary for success in that region are being taught to prison inmates. Jane wells, who else, is live from san quentin with more. Jane . Hey, kelly. You know, one of the greatest returns on investment in Silicon Valley is here at san quentin. Check it out. Tucked inside here is a Prison Education program with zero percent recidivism among graduates who leave the facility. And it doesnt cost taxpayers a dime. Its called the last mile. So this is the dashboard. Its pulling in the page likes and the follower counts from the various social media sites. Chris schumacher is in for murder, but he will soon be paroled. He has new job skills. Coding, learned in san quentin, even though theres no internet inside. The last mile started by venture capitalist Chris Redlitz and his wife created mock servers to teach inmates software development. Companies like slack and air bnb are using them. 20 inmates have graduated, left san quentin and all had jobs. Mark zuckerberg visited, they awe newel who he was, even though they had never been on facebook. But why should anyone help these people . This is a population that is forgotten. And the truth is that 95 of the people who are incarcerated in our facilities in the United States are coming home. So i ask, who do you want them to be . I never really thought about, about my impact on the world. I didnt think i had a responsibility. The only responsibility i felt like i had was to me. And now i realize that i have a responsibility to how the condition of our world is. And if i dont do some things to try to give back, then im not doing my part. 17 years feels like a lifetime. And its amazing to think that, in a few short weeks, ill be walking out of the gates as a free man. It was very moving, yesterday, as the latest group of coders graduated. Last mile has paid for privately and also with prison revenues from sales things like license plates, no taxpayer money. Its very difficult to get in this program. Hundreds apply, only 30 are chosen per class. The goal or one of the goals, guys, is to reduce recidivism and that will save taxpayers a lot of money. Back to you. Thats that great story, jane. Good to see you on camera gen. Jane wells at san quentin today. Really quickly, microron, never mentioned it, hugely its the third biggest gainer on the s p. Amazing. Wonderful story. Those its going to be a problem for apple. Behind nvidia and amd. Lets get to sully and the half. Carl, kelly, john, thank you. Welcome to the Halftime Report. Im Brian Sullivan in for scott wapner today. Your top trade at this hour, waiting on washington. The Health Care Vote about to take place. It may determine whether the trump rally will advance or turn into a trump slump. Joining us now for the hour, josh brown, jim leventhal, and pete najarian, and head of u. S. Equities strategy, also with us. Everybody, stick around. Well get to everybody on this imrt