Corporate tax reform, but before they can get to that Senate Majority leader Mitch Mcconnell said today Congress Needs to resolve health care reform. Listen. I think finishing on tax reform will take longer, but we do have to finish the Health Care Debate, up or down, win or lose, before we go to taxes. Kayla tausche is on capitol hill with whether the gop leaderships plan to repeal and replace obamacare is gaining any traction. I think they got it through committee, didnt they . Yeah, after 28 hours, bill, it got through the energy and commerce committee. That wrapped up a few moments ago. Health care is the First Political test for the administration and for this congress. Speaker ryan has been getting some help from the president and Vice President in making his sales pitch for this bill, but interestingly today i asked him how he plans to win over companies that will either have to accept or offer these plans theyve been so critical of the way obamacare was structured, and he said
Adjustment taxes. Really tricky. The im sure all intricacies will be up for debate today. Who are you going to be speaking to . David the ceo of General Motors. I will get a chance to sit down with her oneonone right after she meets with President Trump later today. Alix i will be speaking with Richard Lefrak. He is cochair of President Trumps Infrastructure Council. t miss the in review interview coming up later. Utures up modestly 105 days without a 1 down move on the s p. The longest streak since 1995. It is a weakerd dollar story. Sessionhighs of the after the Weekly Earnings drop in the u. K. Fiveyear down by two basis points. The fix slightly lower vix slightly lower. Thats a look at your current board trade. The global head of ethics strategy. Heres what he said. The fed is a pussycat that would like to change its spots into Something Like a leopard. Spots it changes its joining us now is george osullivan. D jim that is basically alluding to can they get hawkish height hikes on
My colleagues across the aisle speed of the committee will come to order. I now recognize mr. Rokita with the purpose of a motion. Thank you, madam chair. I have a motion at the desk is. The clerk will read the motion spin t motion offeredy mr. Ita, the committee on the budget direct its chairman to express the support of the Committee Prior to the consideration of the rule for the American Health care act for state disability in the design of the Medicaid Program. Mr. Rokita is recognized for gamers with one minute resort to close spirit i think the chairman. Ladies and gentlemen i want to commend the energy and Commerce Committee and the ways and Means Committee for bringing this bill to our attention today. However i want to address a glaring, the glaring absence of something that we as, as republicans come as a conference at work very hard on over the last several months. And that is to give to choice to the states when it comes to how they want to develop and implement and otherwi
[chatter] are you ok to get started . The committee will come to order. Indiana for the purpose of emotion. Purpose of the motion. A motion offered by mr. Akita. He moves directs the chairman of the support of the Committee Prior to the consideration of the rules for the american counteract the state flex ability in the design of the Medicaid Program. Mr. Akita is recognized for one minute. I think the mid i think the chairman. I want to commend the committee and the ways and Means Committee for bringing this bill to our attention today. However, i want to address a glaring absence of something that we as republicans that worked very hard on the last several months. That is to give true choice to the states when it comes to how they want to develop and dess t and exit kate execute their Medicaid Program. We have seen all of us hold up this document, the better way we call it to describe your making people june 22, 2016. Subscribe to the American People to a lot of to do policy position
Would change that to a set amount of money that states could then spend. They could take a per capita cap allotment, they could have block grants but the biggest change is that shift of about 880 billion in change from federal funding over the next decade. It takes it out of that entitlement status. That is one of the biggest changes. Another is the tax credits. About that now. In the Affordable Care act the subsidies were based on income. And they were tied to not only your income but the cost of health care in your local area. So if that increases the House Republican plan, really looks at age. There is an income threshold where the subsidies begin to taper down. That it tends to have less money for younger people, more money for older people but it seems to be far less money than what you would get under the formal care act. There are different plans out there to take the republican plan goes through. Host so in watching all of this over the many years we have had this healthcare de