Of a singlepayer Health Care System in the u. S. This is just under one hour. [no audio] definitions. Doctor, how would you define washington journal continues. Host were going to engage in a discussion look at the topic of singlepayer health care. Two guest joining us, Michael Tanner with the cato institute. He serves as a senior fellow. And dr. Margaret flowers is a National Board advisor for the physicians for a National Health program. Of you, good morning. Lets start with definitions. Doctor, how would you define singlepayer as a working definition as far as health care is concerned . The easiest way is to call it National Improved Medicare for all. National, every person living in the country, and of the Health Professional in the country, is in the system. It is more comprehensive and there are no upfront outofpocket costs like copays or deductibles. Then medicare for all, everybody pays into it through a preventive tax, and everybody is covered for the care they need. That is c
Lets have a look at where european equities are straight ours trading right now. European stocks dropping for the first day in five. You can see broadbased losses 1. 4 ,germany down eurozone stocks down more than 1 , spain lower as well. If we look at the epic space we fx dollar weakness space we see dollar weakness as well. After that Health Care Reform bill, the dollar at an 11 months low. The euro gaining against it. 1. 15 against it. Sterling weakness coming through after the u. K. Inflation data unexpectedly softened off 3 10 of 1 . In the fixed income space, yields coming down both in the core and the periphery. We are seeing gold bid along with the yen for todays session. Crude is at 48 a barrel. Digging into equities, it is what happening with different Industry Groups. Tech stocks leading in the losses. A lot of that down to ericsson. Perhaps some of that feedthrough, with what we are seeing in u. S. Financials. Materials also lower. Commodity losses leading the gains yesterda
If it closes up higher again today that will be eight days in a row of gains thats the first time the nasdaq would have done that since february of 2015 got a whole lot of earnings coming out that will very likely influence where we trade today look at the dollar dropping to a tenmonth low against a basket of currencies the euro rising above 1. 15 for the First Time Since maze of 2016 look overnight in asia the nikkei down by 0. 6 . Markets in china were higher with the hang seng up 0. 2 the shanghai up by 0. 3 . In europe, in the early trade, you will see dax is weaker down by a half percentage point. The cac is down by a third of a percentage point markets flat in london with the ftse sitting just fractionally higher lets get you through the big corporate story of the morning netflix shares soaring to new highs. The company added 5. 2 million new streaming customers in the Second Quarter thats 2 million more than wall street predicted most new subscribers came from foreign markets. T
Reform, welcome to risk reward, i am liz in for deirdre bolton, dow closed down 66, nasdaq ending at alltime high with big tech earnings. Alphabet, the parent of google reported a drop in Second Quarter profit hurt by the fine from European Trust regulators. Back to the president , pushing to get obamacare reform through before august recess, issuing a warning yesterday, if republicans do not repeal and replace obamacare, the repercussions would be greater than any of them understand. As new cbo numbers demolish the democrat fear mongering, 3 4 of 22 million estimated who will drop cover under obamacare reform, would do so vovoluntarily, they will choose to drop when the individual mandate tax goes away. According to the cbo analysis, 16 million will voltair on voluntarily drop out, because of the price tag. Behind the scenes, democrats in both house and senate, they see a jackpot pass to victory in Winning Congress back next year, their plan is Big Government Health Medicare for all,
1 increased federal share. With respect to each of fiscal years 2023 through 2026, in the case of one of the 50 states or the district of columbia each referred to in this subsection as a state that a equals or exceeds the qualifying amount as established by the secretary of lower than expected aggregate medical assistance expenditures as defined in paragraph 4 for that fiscal year; and b submits to the secretary, in accordance with such manner and format as specified by the secretary and for the performance period as defined by the secretary for such fiscal year i information on the applicable quality measures identified under paragraph 3 with respect to each category of medicaid eligible individuals under the state plan or a waiver of such plan; and ii a plan for spending a portion of additional funds resulting from application of this subsection on Quality Improvement within the state plan under this title or under a waiver of such plan the federal matching percentage otherwise appl