Admonished, and they dont like to follow the rules. I dont blame them i was a ram bing shoubunctious f but when i learned the rules i spurned them because i didnt believe they could help or because they cut off my upside, even if they cushioned the inevitable downside. In other words, the rules kept me from making a huge amount of money to keep me from losing big money when things went badly the house of pain the rules im discussing tonight keep you in the game, even when things are tough and you make those mistakes. [ buzzer ] the rules protect your own bad judgment about whats going on in the companies you own or whatever is happening in the market overall but if youre going to make money using stocks because you cant just get much of a return anywhere else these days, thats pretty much the case, youre going to have to work harder with your money to do so and that requires discipline discipline because once you start buying and selling stocks, you can make more mistakes than if you j
Ceo will join us with a first on cnbc interview. It was really good. Breaking news from the white house. President trump about to discuss the Senate Health care bill. Kayla tausche has a detail and maybe some breaking news as well kayla . Reporter bill, we are expecting the president to make remarks from the blue room here at the white house in just about 15 minutes time but it comes as the white house and its cabinet agencies are trying to coalesce and put together a unified policy and a unified front in exactly what its stance is when it comes to health care. Of course, this as the senate is expected to vote this week on a procedural motion to proceed on the houses Health Care Bill its that sort of slate from which they can build, they can amend, they can potentially edit that as they see fit, but it is that motion to proceed that is going to come up this week im told by senior gop aides theres no date set for that just yet, but in terms of white house policy, a Senior Administration
Point. And that and i dont want im not going to call it, but mr. Mccain was expected yes and johnson was an unknown, sounds like he just voted aye. The democrats are going to vote no, but that should be i know were in closing bell right now. Well stay with this for a few minutes. John harwood and sara fagen still with us, i believe are you there . They have the votes. The ayes do have it, and as i said in my little hot mike moment there in a long conversation like that with Mitch Mcconnell, it sounds to me like ron johnson wanted to vent a little bit at some of his frustrations with Mitch Mcconnell but not so much that he was going to walk away and vote no so hes voted aye to proceed which means this Health Debate is going to happen and what weve got is a some attempt to rewrite the Senate Health bill which had been stalled for lack of support. If that fails, they are ultimately going to try to get to this bare bones repeal which would be a vehicle to get to conference with the house,
The border tax is dead. This was one of the Critical Issues in tax reform. This was about trying to keep tax reform revenue neutral. One of the ways was a border adjusted tax. About thisn talking 20 tax rate on Companies Domestic sales and imports. Staunch opposition to this. Paul ryan is telling republicans that border tax is dead. The question is, if thats the case, how are they going to finance tax cuts . Are they going to be just shortterm, not permanent . Otherwise, youre not going to be able to keep it. Scarlet thats the big question mark. This was predicated on replacing obamacare. Thats not forthcoming at the moment. We have bloomberg reporting that steve bannon has proposed increasing taxes on the highest earners. Perhaps thats another way of doing it. That is something paul ryan loved. Wasa a trillion dollars it supposed to raise. Try finding that somewhere else. Scarlet its a tricky one. Look under the covers. Julia we will bring you further headlines on that as we get them.
The border tax is dead. This was one of the Critical Issues in tax reform. This was about trying to keep tax reform revenue neutral. One of the ways was a border adjusted tax. About thisn talking 20 tax rate on Companies Domestic sales and imports. Staunch opposition to this. Paul ryan is telling republicans that border tax is dead. The question is, if thats the case, how are they going to finance tax cuts . Are they going to be just shortterm, not permanent . Otherwise, youre not going to be able to keep it. Scarlet thats the big question mark. This was predicated on replacing obamacare. Thats not forthcoming at the moment. We have bloomberg reporting that steve bannon has proposed increasing taxes on the highest earners. Perhaps thats another way of doing it. That is something paul ryan loved. Wasa a trillion dollars it supposed to raise. Try finding that somewhere else. Scarlet its a tricky one. Look under the covers. Julia we will bring you further headlines on that as we get them.