Costs such expensive and not getting results. Good morning. It is simply a ponzi scheme that will not last. 6 million policies have been canceled. That is approximately 20 million people. I have heard about 500,000 have actually paid for a plan. That is a scheme that cannot last. Going to behere is a massive Insurance Company bailout for this scheme. The cure is worse than the problem. S, amount of spin, lie deception is going to change that fact. It is just a matter of time before the whole thing crumbles. It will require a massive bailout. Forget the spin. Guest that is the precise view of an opponent of the Affordable Care act. I am a reporter. There are Success Stories for some people under the Affordable Care act. Others are not benefiting as much. The law is highly controversial among many members thank youlic. Host very much for joining us this morning. Medicare and medicaid Officials Say last year saw the Lowest Health Insurance Premium increases since 1986. The Journal Health
All those stories and much more coming up on the kudlow report beginning right now. Good evening. Im larry kudlow. This is the kudlow report. Were live here at 7 00 p. M. Eastern, 4 00 p. M. Pacific. Now, in his first Cabinet Meeting of 2014, president obama called for all hands on deck to help promote and maintain the economic recovery. Topping his agenda, it appears that its economic equality and extending longterm Unemployment Benefits. The president said hes prepared to act even if congress doesnt. To find out the whole story, lets check in with cnbc chief washington correspondent john harwood who joins us with all the details. Good evening, john. Good evening. One of the things the president has been laboring under is the idea that he simply cant get anything done given republican control of the house, even though democrats control the senate. What he said in his first Cabinet Meeting of 2014 is that hes still got some tools and hes going to use them. Ive got a pen and ive got a p
Of the washington auto show, which we will take you to now. Here at the forward section of the washington auto show with lee, the group vice governmentf relations. Our interaction with governments and communities where we do business around the world. Times. Tax reform is another issue, but most important is trade policy. We are the number one exporting the number one exporting sector in the United States. Trade agreements have worked for us, and there are those trade agreements that have not worked for us. The Biggest Issue is currency manipulation. There we stand with the majority of congress, house and senate, to get some kind of currency discipline inside trade agreements. What currency discipline means is trying to figure out a way to stop subsidizing foreign product. You would sayhink fuel mileage standards would be a concern. Havingvery important in a good roadmap, and we are pleased with working with the administration on a roadmap that takes us through the next couple of years
Quickly as possible. However, during the 2012 campaign, governor romney made an issue of the gm potential losses, the 10 billion figure. The administration opted not to sell. The rest of the shares during the campaign. There was a concern about the ,mpact on the 10 billion loss sort of the overall assessment of the bailout. The reality is it would have taken me years, potentially ever , to get to that level. Canada has elected not to sell its shares. Talking to David Shepardson, the Washington Bureau chief of the detroit news. You can call in. We will also look for your tweets and emails as well. For is waiting on our line republicans in silver spring, maryland. Caller since detroit has a large muslim tabulation that has population, there is Scientific Evidence proving Tower Building seven was brought down with pre planted explosives. Host we will hold off on 9 11 calls. We will stick to the Auto Industry. Caller why are you afraid to talk about building 7 . Host not afraid to talk abo
The bailout was worth it for the country. As we take you through arguments on both sides, we want to hear from you and our phone lines are open. Democrats can call 202 5853880. Republicans, 202 5853881. Ndependents, 202 5853882 you can catch up with our social media pages on facebook and journal cr email at spanwj. We will take you live to the floor of the washington auto show. The auto bailout issue, something Vice President joe biden talked about last week when he was at a Detroit Auto Show. A quote from Vice President biden we bet on american ingenuity, we bet on you, and we won. His visit to the show follows the u. S. Treasury sale last month of its remaining stake in General Motors. The exit ended the socalled government motor zero that sllowed the u. S. Government 50 billion bailout and reorganization of that company. The vehicles on display reflect the sacrifices made during the industrys restructuring during the session. The story goes on to note what a difference five years ma