Labor and pensions will come to order this morning. We are holding our third of for hearings on stabilizing the cost of premiums and ensuring americans are able to purchase insurance in the individual Insurance Market in 2018. This is the market were 6 of insured americans, that is 80 Million People by their insurance. Those who dont get insurance through medicaid while on the job. For the past fee years, the cost of premiums in the individual market copays deductibles up and skyrocketing in many states. Half of these 18 million americans have government subsidies to cushion the blow of the rising prices. Many of those who find themselves in the other half are being priced out of the Insurance Market that they simply cannot afford. That is why these hearings have a narrow objective. Congress and the president do between now and the limit the month to help premium increases in 2018 and lower premiums after that. We heard in our hearings last week that there was also a danger that if we
Labor and pensions will come to order this morning. We are holding our third of for hearings on stabilizing the cost of premiums and ensuring americans are able to purchase insurance in the individual Insurance Market in 2018. This is the market were 6 of insured americans, that is 80 Million People by their insurance. Those who dont get insurance through medicaid while on the job. For the past fee years, the cost of premiums in the individual market copays deductibles up and skyrocketing in many states. Half of these 18 million americans have government subsidies to cushion the blow of the rising prices. Many of those who find themselves in the other half are being priced out of the Insurance Market that they simply cannot afford. That is why these hearings have a narrow objective. Congress and the president do between now and the limit the month to help premium increases in 2018 and lower premiums after that. We heard in our hearings last week that there was also a danger that if we
Stabilize the Health Insurance market. This is two hours and 20 minutes. Senate committee on health, labor and pensions will come to order this morning. We are holding our third of for hearings on stabilizing the cost of premiums and ensuring americans are able to purchase insurance in the individual Insurance Market in 2018. This is the market were 6 of insured americans, that is 80 Million People by their insurance. Those who dont get insurance through medicaid while on the job. For the past fee years, the cost of premiums in the individual market copays deductibles up and skyrocketing in many states. Half of these 18 million americans have government subsidies to cushion the blow of the rising prices. Many of those who find themselves in the other half are being priced out of the Insurance Market that they simply cannot afford. That is why these hearings have a narrow objective. Congress and the president do between now and the limit the month to help premium increases in 2018 and l
Consecutive record close, the s p 500 also hit an alltime high. More on that in a minute, and investors put money into financial stocks ahead of the start of a twoday meeting. Many say the grind higher will continue as long as Economic Growth remains solid. The Dow Jones Industrial averages gained 63 to 22,331. Nasdaq was unsix, s p 500 added three. Bob pisani with mork on the week ahead and the markets move higher. The markets rose to new highs again. Theres several factors first strong momentum. Crossing 2500 the s p was a important kolodziej wall mar the s p is up more than 1 , this month, if we end here, it would then theres north korea where tensis you are lower. President trump spoke for the first time at the understand, gave a moderate speech. The hard part is ahead where he will be seeking to put World Leaders for even tougher sanctions against north korea. Finally a fed meeting, no rate hikes expected, but expected to announce normalization of its balance sheet. Janelle yellen
This storm is smaller in size but its based on the central pressure. I have to tell you it was st. Croix and the islands around and puerto rico itself that bore the brunt of this huge storm. Look at the eye. It falls apart as it moves across the mountains. On the other side of puerto rico there it is. The eye is trying to reform. That means this storm is trying to restrengthen. Lets look at maria. It will be expected to restrengthen to 130 to 156mileanhour winds. Its headed toward the turks and caicos. It will graze the northern side of the Dominican Republic and then north along the eastern coast of the u. S. And it is the tenth most intense atlantic hurricane on record with a minimum pressure of 906 millibars, 175mileanhour winds. That was last night. This was an incredible storm. When we come back in a little while well take a closer look at where the track of maria will go. Back to you, jacqueline. Local families are on edge as they watch the storm pound puerto rico. Commu communic