Cost is going to federal government taxes and fees that are imposed upon the consumer. They should turn the witchhunt back around on them. Would they rather an industry that has half empty seats or half empty planes that loses millions of dollars, or would they rather an industry that instead has full planes and is turning a profit that is able to then reinvest money into the economy that provides good middleclass jobs . Because thats what the airlines are doing right now. And the only reason these are so high are because of the federal government taxes that are imposed upon, you know the airlines here and they have to absorb that cost somehow. John is this really going to make the flying experience any better . Is it going to improve our lives any more . No and i dont understand why theyre doing this. Its hard to fathom how wrong the government is in this. Senator blumenthal, who lied about his military record has also come out and said air fares are skyhigh. Hes completely wrong on t
Nasdaq at 5,120. S p 5002,087 and the russell down almost a full percent. But we begin now with the big deal in health insurance. It is official. An them agreeing to buy cigna for 188 per share in cash and stock. An enterprised are value of 54 billion. Straight to bertha coombs. Combined anthem and sigma would unseat United Health to become the largest u. S. Health insurer with 150 billion in annual revenues. More than 50 million members covering nearly 1 in 5 americans. Anthems ceo joseph swedish aide mitts put admits putting the two big firms together will be challenging but with that scale they can generate operating savings and make them more affordable. It will improper our ability to serve customers across commercial medicaid medicare and International Markets and create greater efficiencies and afford ability for our customers. But the anthem deal taken with aetnas proposed merger with humana would result in the big five insurers becoming the big three. One antitrust lawyer tell
Tuesday. If the phone is not already ringing by now were awaiting the final number for august auto sales, the automakers and dealerships are dealing, of course, with the fallout from Hurricane Harvey, and well bring those numbers to you as soon as we get them phil lebeau will be stepping in with that. Also some new areas in the stormridden areas Chemical Plant explosions and also smoke inhalation. Well talk to two chemical engineers about the Companies Running these plants, if they are doing enough coming up, but we start with White House National Economic Council director gary cohn joining us on squawk on the street earlier today. We discussed why he doesnt think the white house tax reform plan will ultimately mean tax cuts for the wealthy we can simplify and fet rid of a lot of deductions those deductions actually affect the high bracket players so when you actually simplify the tax returns, youre actually affecting the high taxpayers the most as you simplify the tax system, you actu
Speakers will include public figures, musicians, poets, and artists. Life coverage at 10 00 a. M. Eastern on cspan. The seasick buses traveling across the country on a 50 capital stewart. We recently stopped in dover delaware asking folks what was the most important issue in their state. Hello, and james in dover. Is the most important issues in delaware is the casinos. Left him a check to have a 43 and half text officials from the casinos are lobbying to lower that tax or that provide employment for hundreds of people great source of revenue. Maybe the tax burden could be lowered a little bit. My name is maria, im a freshman envious you. Im majoring in nursing i think deliver is the dreamers i think its important for us to let Congress Know that this time they need to look at motivation that we are students and americans and we are here to stay. Im a junior at taylor state university. Think the leaders in washington, d. C. Should focus on issues like drug abuse. Delaware has issues wi
[inaudible conversations] as all of you know we are heading into the markup that started yesterday and i wanted to ask senator scott and senator portman who were in the middle of all of that and some of the leaders on the tax reform effort to say a few words. The good news on tax reform we have spent a lot of time talking about the numbers and tax reform and the reality of it is those numbers translate to real peoples lives who will benefit from tax reform and as we start discussing ways to use some of the revenues perhaps from the individual mandate to lower taxes for the middle class this is a classic example of a powerful mechanism for us to address those folks in the middle class, the hardworking americans living paycheck to paycheck who are looking for a way to bring home more of their takehome pay. Our approach provides relief, significant substantial clear relief to those folks working hard every single day in the middle class. Thank you. The middle income folks that i represent