Heard the government say yes, ensures you are allowed to hike insurance prices 30 for if you are if you go with coverage for a year . When have you seen such corporate entitlement built on tax credits like this plan i get it need Obamacare Repeal and replace very did i this seems a boon for the Insurance Companies. There are taxbreaks for the insurers we can put up on screen i mean it does help them out in specific areas. Yeah, look i think we have to think about this a long a spectrum of good better and best, we may not be at best plan just yettive moving right direction i think a lot of redeems working to repair mostly damages parts using tax cuts he equalize the employer versus individual tax situation very important, if government is going to be inr evolved subsidizing i think important that not subsidizing Health Insurance that health care the direction we want to move . Bruce, the definition is helping out a small group of businesses, and everybody else pays for it is this an example of that . Oh, certainly is the situation with sure, a lot of people Paul Ryan Donald have brought up this whole idea that obamacare is in a death spiral because of what etna ceo said reality is his company was not able to successfully manage the cost of care. They pulled out a of florida, florida blue cross in it making money screened patients 800,000 customers, so this is now they are going get to sell what they want, and not covering benefits charge what they want not going to change. A phrase called carveouts a lot of carveouts a work in progress may change but does this concern you . Not so much any bill you are going to have interests weigh in they didnt try to weigh in the key thing you have more flexibility in the markets, you get less of the discriminating between young and old people, young people having subsidized old people goes down a bit, so it gets a c minus but a step right direction. John you are no fan of crony capitalism what do you think. I am not at the same time anything that is good for Insurance Companies drug makers logically is probably pretty good for consumers, i think weve got to remember only in hollywood, the Companies Get really rich by fleesing customers real word get rich bringing value keep in mind Insurance Companies are not bad drug makers arent bad. By the way, looks like you are in hollywood right now, so you know, bill what do you think . Is this crony capitalism or help individual patient in taxpayer . I think ryan care as bad as obamacare i think we want to help patients high deductibles make them accident occuro 50 first 8,000 dollars then only then would patients be motivated to shop for championshipest mri what do you think. Preposterous government should not be dictating things this bill moves in the direct of taking some restrap its off not get in interrupt of throwing people on the street, so about mandating this the other thing you want more individual market, and by the way, 30 premium if you young person drops out, goes back in, that is not good but far better, than the individual mandate that covers every won a to insurers get real reform. One thing to empower the individual increased Health Savings about acts i can put more money taxfree in health care. I hear what you are saying the Insurance Companies have not behaved great here watch this raw knuckle power of the Insurance Industry at state level obamacare, already had in it, the ability for to create Health Contacts section 1333 i dont like to abscond like a scarecrow just got a brain it allows the states to build their own pool to cross state lines, road states trying to do it so powerful at state level stopped it so true free market i dont tell happen until you remove Insurance Companies ironclad grip at state level. I know a step maybe in a right direction at the same time,it was the Insurance Companies and drug companies, that were in there the beginning of obamacare got carveouts should not be be suspicious of more carveouts here. I they we to me obamacare, get in bed with devil that is what you get i think but do i think that bill sort of was saying you are two sides of the same coin in my view i dont want government to do this but i think that what bill is pointing out we want Health Insurance to be for catastrophic injuries instances should not be paying for average doctors appointment, getting a stress test people should shop around make sure would naturally come down you simply have more competition we see is that with things lining minute clinics thair popping up all over the place, we want insurance to really be that traditional insurance. Go ahead. I think really got to empower the patient if possible to go on to computer screen shop for doctors mri positives the way you shop for blue jeans at amazon we cant do that fix that. John can we fix it . Of course, we can fix it lets get suspicious about Insurance Companies, lets be suspicious about a republican or Democratic Party that wants to legislate was market good if this is Getting Health Care or Health Insurance to people just free up the economy. Come on, you are missing the point. Anything else. Jon you act like Insurance Companies, dont do any lobbying, z politicians d. C. They go hand in glove together to craft legislation, like this. And so i am saying it is not truly free market reform, when you when you have guys sitting at table, crafting legislation, behindthescenes that hurts everybody. No one is saying good or bad if we want to fix this not about letting congress do it without Insurance Companies get congress out of this altogether a great outcome. Bruce i heard you go ahead. The people closest to this to the patient, the hospitals, the doctors, and the nurses, are all as opposed to this the Insurance Companies have pharmaceutical companies not said anything there you go. Have there are associations bruce is right there are doctors, associations inside the beltway, that claim to speak for all doctors but frankly, their doctors involved in this are are secretaries closed closely dr. Rabd paul a doctor a lot of doctors working to make this happen. Yeah they dont speak for everybody, and they are the ones that gave us obamacare in the first place a lot of physicians as opposed done away with individual practices so in real world in terms of tax drerdz may be after negotiations tax credits can be made like school vouches patient can go on market. I would like to be totally in the charge might have money. House bill step in right direction i hope they tweak it a little bit then on our way to free market. I want to check your skins when obamacare passed were you against carveouts for Insurance Companies back then . Because remember they got a bunch of subsidies. He was not wild about what happened then, they needed to get something through what you need to do you need to amended this, and i mean the sure, won they are making billions off medicaid, medicare making a lot of money a. Leave it that the from playoffing obamacare to cutting taxes some lawmakers demanding we figure pout how to pay for the tax cuts,ing but some here say, they pay for themselves, we debate it coming next. This is the silverado special edition. This is one gorgeous truck. Oh, did i say theres only one special edition . Because, actually theres five. Ooohh aaaahh uh hooooly mackerel. Wow. Nice. Strength and style. Its truck month. Get 0 financing for 60 months plus find your tag and get 5500 on select Chevy Silverado pickups when you finance with gm financial. 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Government, by using software to evaded rules nearly 600,000 vehicles, more than 20 billion dollars in civil and criminal penalties, chipotle plans to closet Southeast AsianKitchen Restaurant chipotle recovering from food scares sent sales plunging Fox Business Network for the latest in business and financial news, fox business, giving you the power to prosper. David the next debate in the president s agendas paying for tax cuts many saying they dont want it to add to nearly 20 trillion dollars in debt. Lets see you say what is to debate tax cuts may for themselves, make the case. Absolutely, david when tax cuts kick in you always have higher revenue the problem is washington spends revenue and more the revenue comes in key thing david is dont worry about washington, worry about the American People in the economy. When you get reagan type tax cuts good trump tax cuts American People better off more jobs created more opportunities are created, that is the key thing, i dont care about washington i care about American People vote for them not washington. I have a hit a that phrase you dont have to pay for tax cuts that is my money it is your money, and i i totally agree, with staph that weve got to shrink the size of federal government, stop being a burden on individuals, but i think it is time for steve to give up voodoo economics says my good knows, we have proof we are going to show right here from, 83 when Real Estate Tax cuts kicked in to 89 look at how the tax revenues money into the government from individual tax rates had been cut, it increased 55 we cut tax rates, from 70 was high down to 28 , and we had a 355 increase in tax revenue. Same happened john f. Kennedy tax revenue soared 54 between 1964 and 69 from tax cuts, yes, you know it common sense more money in more growth tax renz raised from growth we are coming out of this 8year period you didnt build that kind of Administration Teacher faculty, the economy is out of that teacher taught lounge people talk otherwise should get jobs as opinionated bartender. Does it matter if tax cuts are paid for . Yeah i reject very nature of the question. Simply truth is not the governments money, it is the question. Is that is right. Are americans overtaxed . Without question would federal government politicians get by with less money . Without question should also a be about reducing the burden of washington, on the american taxpayer. What do you think. Yeah, complete agreement with john here the economy has been chugging along 8 years in need of a Massive Energy drink in form of lower regulations lower taxes, it seems like a complete nobrainer i get that tax break not putting it under my pillow it is going right back into the economy, to help grow your Companies Grow jobs, and make things better for americans, this is sort of a seems ridiculous that we are talking about it as a budget issue. David but we are steve, the point is that you would think republicans who speak wonderfully about Ronald Reagan would take a lesson from Ronald Reagan, during his era, we cut tax rates tremendously, from 70 top rate to 28 , and taxi reverend increased 55 what is what is difficult to understand about that . Part of it is the way the score tax cuts in washington david assume you dont get very much a good feedback so 10 year revenue estimates not worth paper written on that is number one, number two is, revenues do come in when you have a vibrant economy people aerospace more pay more give more away to charities. Very basic, the republicans also dont seem to understand some of the when you make investment you dont get a return right away want you to build a billed take several years before you get it complete, hello people david this is not voodoo economics. Statistics is to back it up. Burst of revenue from two things one pentup Capital Gains the other pentup economy as you previoused by volckerism. People say that tax cuts dont create growth, i mean they are the same crowd who said object carrier would lower costs for us all, again, pin opinionated bar tenders i think. Bruce is there any of this getting through to you . Well, i think, that, you know, nobody wants to pay higher taxes for certainly if you look at what donald is talking about talking about spending even faster pace than any revenue would come in, with his wall and they havent scored trump care get so there is a lot of accountability needs to come out of this. David leave that steve it is true, that there are a lot of more expenses with Trump Administration. Key thing david when you lower taxes, tax rates you get more revenue, on the spending side separate issue, you want more revenue lower the burden on American People. David guys got to leave it at that john was shaking his hand cashing in gang ready to roll bottom of the hour what you got. Good morning new leeks say cia can spy through smart tvs and smartphones time for private Tech Companies to block government from snooping. Have day without a woman protesters resulting Day Without School many school kids leaving working parents scrambling. Is we will watching up here first our trade gap is jumping to a multiyear high, and President Trumps trade advisory warning it is a threat to National Security somebody says it could actually be good for our economy, wait, what . We will explain next. David u. S. Trade gap hitting a fiveyear high in january, President Trumps top trade advisory saying this is a National Security issue, but steve, take a look at 1984 this was in midst of the reagan revolution historical high trade deficit that year look how much we grew 7. 3 the highest we had in decades have not grown that high since that was a high trade deficit year. Trade deficits tell you nothing doesnt cancel k capital flows intracompany transfers the most hitter going back to jamestown 1607 we had merchandise trade deficit, key thing, capital comes in one example bmw South Carolina germany billions of dollars created tens of thousands of jobs drshlg indirectly 300,000 cars including 200,000 cars for exports. David deal with that is the Trump Administration wrong in worrying so much about a trade deficit . I dont like trade deficits i think symptom of disease americans living high off money borrowed from foreners as china. John shaking his head no is he usually is go ahead john. Trade deficits are a myth i run a stayed surplus deficits rewarding with restaurants carmakers you name it a quote deficit because usa magnet for Global Investment we export shares that dont account what a ridiculous thing to say. Bruce is a poiptdz out earlier we had a huge trade deficit in 84 biggest growth spurt we ever had. I am not really so much sure about whether the deficit avoids me more is when donald says nasty things about mexico going to start a potential trade war, i mean he says he wants to do more individual deals but the only individual deal we know he made is maybe with russia. David by the way, mexico needs us much more than we need them, i dont think nobody is going to start a trade war from their perspective but peter inactive are trade rep says trade deficit is a threat to National Security. I dont think trade deficits matter i dont think right 100 countries slap goods with taxes i understand that i am interested what reagan did with japan quotas on cars from japan what about quotas instead of taxes. Where does they had been up clearly does bother President Trump and his advisories that we got big trade deficit, how is that going to affect policy . Well, first of all i think to think about this as if in a vacuum kooum americans benefit tremendously from customers around the globe he have products are on the globe makes things cheaper better for business here on top of that i think the trade deficit notion silly we know few products are made only in one country parts from america from china so gets hard to measure this, of course, we want the administration to have americans best interests in mind, but trade is something we should not be doing. Last word from sybrina march madness isnt just for hoops the picks that could also be a slam dunk for your profits. Afoot and lighthearted i take to the open road. Healthy, free, the world before me, the long brown path before me leading wherever i choose. The east and the west are mine. The north and the south are mine. All seems beautiful to me. To take advantage of this offer on a volvo s90, visit your local dealer. 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