You offer one plan that has all of these mandated coverage, things for addiction or maternity care, you can also offer another plan that has no regulations on coverage and that plan will be a lot cheaper. Younger and healthier people will want that plan. They say premiums are going to go down and more people will want to voluntarily find them for insurance. But critics say if all the younger and healthier people are buying this plan, then the older and sicker people who have to buy that mandated plan will not have any money to help fund that and their premiums will increase. All day we have been getting News Releases from republican senators, many saying they will review the bill before making a final decision. Who are you keeping an eye on . Where is your whip count as of today . Interestingly this cruise lee amendment, cruz said it was a Significant Movement and he was really excited about it. Mike lee is still undecided. It wasnt the exact same administration that he had written wit
So tastes like a guinness. A little early. Im Andrew Ross Sorkin. Joe kernen is here becky has the day off. A lot of news to get to. Dow up about 26 points nasdaq up about 5, s p 500 up about 2 1 2. Lets show you overnight in a a asia, green arrows across the board. And european equities well also show you, its green, green, green. And if youre buying wti crude by the barrel, oil is moving higher on news of a sharp drop in u. S. Oil supplies wti crude right now at 48. 29 today well get an Interest Rate decision from the fed this afternoon. Wall street is widely expecting policymakers to keep rates unchanged. Big focus is what the fed says about inflation. Well have full coverage beginning at 2 00 pchl we have 175 s p 500 Companies Reporting this week. Today its boeing, cocacola, ford and among all the names youre seeing there. But well get that before the opening bell and then we hear from facebook, gilead, whole foods after the close. And viacom looking to make a cash bid discovery al
Its hard. Reporter for cecily whos selfemployed, her husband unemployed, she says what they cant afford is losing covered california altogether. If we didnt have cover california, we would have a really bad catastrophic Coverage Plan and we would never go to the doctor. Reporter as you mentioned, veronica, because of that uncertainty, anthem already cutting back on coverage across california. I want to mention that premiums were expected to go up anyway next year by at least 3 because of taxes built into the Affordable Care act. Maria medina, kpix5. The man wanting to be the new Contra Costa County District Attorney is getting help from a murderer. One of the strangest endorsements weve seen. Melissa . Reporter you may recall that contra costa District Attorney peterson admitted to lying for using his Campaign Funds for personal expenses. Endorsements for his replacements are coming from all over the place, including an inmate at san quentin. This would be a first. Reporter they receiv
But he was injured in his last career race. Those are some of the top stories on this monday, august 14th. From abc news, this is world news now. We do say good morning to everybody. We are going to start in charlottesville where that city reeling from the weekends violence. They are hoping for a return to normalcy. Hundreds returned to the park on sunday Holding Signs that said never again and love will always trump hate. And they say the man who plowed his car into them idolized adolf hitler. You see his arrest right there. Abcs Elizabeth Hur is in charlottesville with the latest. Reporter at the scene of terror and chaos in the streets of charlottesville that ended in death and devastation. The city is now sharing messages of unity and condolences for the victims. I want the country to know that the city of charlottesville is a place of extreme compassion. Reporter the suspected driver, 20yearold james alex fields from ohio now sits in jail, charged with murder, meanwhile, the man w
Im sam brock. Rain is mooching through. Even parts of the north bay getting light spotty rain. A live look, mostly cloudy. Dont forget the umbrella before you head out. Were seeing the bulk of the moisture. Once again, the stronger storm system farther to the north of us. That will be rolling into the bay area as that system moves to the south. Now mike is tracking it. Right. Kari, we had a disabled vehicle. Look at that south bay peninsula. Light rain. Were looking at a smooth drive. Including the backup at the toll plaza and as we take a live look out there, also a bridge crew had to change the shift. Theyre going send someone out to check the span. I see. I see the red lights without much of a slowdown. Well check this. Very critical. Video of several warehouses that were on fire. You can see the fire. It broke out. You can see it on your map there. No injuries have been reported. Fires contained. But the fire crews right now are closely watching out for hot spots. A push to keep th