The strongest week since back to april. However, you have to put that in context. Two weeks ago was a lousy week in fact, two weeks ago the dow lost just over 1800 points, down by 1833 points last week the dow was up by 1821 points so that was a giveback for the dow kind of starting things over if you look at the other major averages, they got back much more ground than they had lost the previous week. Last week the s p was up 329 points after being down 195 the week before and the nasdaq was up by 983 points last week after losing 636 points the week before but again these gains this morning are significant ones they are adding to what we saw last week. Also, take a look at whats happening in the treasury market youll see that right now the treasury, the tenyear, is yielding 0. 812 so its stabilized after bouncing around quite a bit during the election and the election counting last week stabilized at 0. 812 andrew thanks, becky our top story this morning, president elect biden wastin
There was progressively increasing knowledge that there were problems in meeting that launch date. And did mr. Cohen know that . I dont know that. But either through lack of oversight, he should have known it, or he knew it and reported this committee under oath that everything was fine on august 1, it was going to be ready for launch. What youre telling us is theres ample evidence in whats reviewed that people within hhs knew it was not ready and people under oath told this committee something entirely different. I dont know what specific individuals knew or did not know, but we saw evidence in the files that we reviewed that there was knowledge within the agency that the operational readiness was in jeopardy. Thank you. Im over time. This is an important issue. So youre saying people within the agency knew that the website was not ready, correct . Yes or no. We saw you saw it that people do you think that people in the agency knew that the website would collapse on october 1st . Yes
I think you would probably drive a ford. What do you think of that in the few remaining seconds. Respond to me. Do you think it would be appropriate, a show of good faith to the American People that you guys and gals that are running this show, that forced it upon us, would be in the same plan that the American People have to be in . It is my understanding that the president and his family are on the exchange. I dont know this for a fact, but thats my understanding. And if it is determined that the rest of us should be on the exchange, i would happily do that. If that is true, please let me know and i know we are limited in time and i yield back to the chairman. I thank the gentleman for yielding back. Now mr. Green for five minutes. My good friend and colleague from georgia im going to miss. I normally drive chevys and im on the plan. We had to buy ours through the exchange. So but i want to thank the chairman and Ranking Member and our witness for testifying. For decades the United S
Havent made enough money. What happens when that happens, just to give you a perspective on this, for a typical family of four there are 21 records searched through automated process. If one of those records turns there are 21 records searched through our automated process. If anyone of those records turns out to be a match because of income or some other thing, we have to pursue documentation and we do pursue documentation to try to ensure that these people are in fact telling the truth. How could a person be a citizen or not be a citizen . Is that something you can verify . There is documentation status. Whether its a naturalization status and so forth, those are sometimes as current in a government database as what the individual resident has an effect on their life. So an application or one application could have multiple inconsistencies . That is correct. Do you have a number of how Many Americans were affected by this problem . So i think they were a couple of Million People who
Services without any copays, nsn coinsurance or deductibles. Say needless to say, thats huge. Y d very good news. Up to 36,000 children in my district with preexisting cond conditions canit no longer be nd denied coverage by health insurers. Its just aan lotsd and lots ofs good news including the new co medicaid enrollees that are being covered. I did have a question. We werute talking about the stas that have expanded medicaid and have not, 26 District Of Columbia have expanded medicaid coverage under the Affordable Care act. T and in those states, medicaid ie seeing great success. Enrollment has increased substantially. And the percentage of population without insurance has declined dramatically. Slavin, sking you, mr. If you have seen studies that compare the decline in the number of uninsured in states id that did and did not expand , i medicaid . Yes, i have seen those stud. Studies. Can you tell me what you yout found . The states that have expanded medicaid, to get back to you o