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Transcripts For CNBC Squawk Box 20170323

We dont need to dits cuscus things. Were on the same page. I need you here some other days, when the other guy is sitting there. He shut off my commuters. Did he do this . This is work from the inside. Ill help you get in. Okay. We will. Steve is with us for the hour. Weve been watching the u. S. Equity futures this morning, after the markets ended on a mixed note yesterday, similar story today. Yesterday we watched the averages slowly, after some weakness at the open, well see things even out. Calm trading throughout the day despite the attacks in the uk and despite concerns about whether or not the healthcare reform bill would get passed. The average closed around the session highs. Right now dow futures are indicated down by two points. S p futures indicated up by one. And the nasdaq up by 1 1 2. Overnight in asia, the nikkei was up by 0. 25 . Slightly higher for the hang seng and shanghai composite. In europe, in the early trade, after everything that we were watching so closely ye

Transcripts For CNBC Squawk On The Street 20170324

Leave it. President says hes done negotiating on health care. That crucial vote now set for later today. Keystone green light, the president set to officially reverse one of the obama signature Environmental Policies this morning. And then markets on track for their worst week since november, wall streets keeping close watch on d. C. And any progress for the trump agenda. President s pushing hard for House Republicans to pass Health Reform today. In the past hour he wrote after seven horrible years of obamacare, skyrocketing premiums and deductibles, bad health care, this is finally your chance for a great plan. A lot of people wondering if they move to taxes is that like the market saying lets have dessert first, jim . Well, look, i expect there could be a quick leg down if he doesnt win. Theres always this weird kind of, well, you know what, legislation momentum, trump loses and its over. No, history says its not over. So i think that the faster they get no matter what tax reform fai

Transcripts For CNBC Options Action 20170324

Hi, elon. The disappointment today in washington over health care but trump said he is still determined to move forward over tax reform. Probably going now for tax reform which we could have done earlier but this would have worked out better if we could have had some democrat support. Remember this. We had no democrat support. So now were going for tax reform which ive always liked. You heard the same message from House Speaker paul ryan during his press conference. Also, kevin brady released a statement saying he is not discourage asked moving full speed ahead on tax reform. The problem is that health care and tax reform are connected. Ryan and brady have both plench that had tax reform will be revenue neutral. Take a look the a these numbers under current law, the Budget Office estimates the government will bring in 41 trillion over the next decade. But repealing obamacare would have reduced revenues by a billion dollars. So he didnt to have raise new taxes to make up the difference.

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