[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] and. A leg to welcome everyone to do this mornings hearing for tom price to be the next department of health and Human Services. With his willingness to serve in this magnitude with obamacare was pushed through republicans in congress was warned the new Health Care Law would harm patients and families not to put too fine a point on it but the next hhs secretary as we work to repeal obamacare replacing with patients under reforms this is an important endeavor this should not be the sole purpose of the next hhs secretary. Having an annual budget of 1 trillion. I will be pete that. Blood department 1 trillion this centers for Disease Control and prevention is no exaggerations to say to affect the daily life in any other parts of u. S. Government. Dr. Price has the experience and quali
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] and. A leg to welcome everyone to do this mornings hearing for tom price to be the next department of health and Human Services. With his willingness to serve in this magnitude with obamacare was pushed through republicans in congress was warned the new Health Care Law would harm patients and families not to put too fine a point on it but the next hhs secretary as we work to repeal obamacare replacing with patients under reforms this is an important endeavor this should not be the sole purpose of the next hhs secretary. Having an annual budget of 1 trillion. I will be pete that. Blood department 1 trillion this centers for Disease Control and prevention is no exaggerations to say to affect the daily life in any other parts of u. S. Government. Dr. Price has the experience and quali
Good monday morning. Welcome to squawk alley. With me at post 9, our own sara eisen. Jon fortt is at the mobile World Congress in barcelona. A lot more from jon in just a moment. It is a busy morning here in the markets, especially in washington. The president wrapping up a meeting with the National Governors association this hour, holding a roundtable with Health Insurance ceos. Our eamon javers is at the white house with all the latest. Hey, eamon. Reporter yeah, good morning, carl. That meeting with the Health Insurance ceos is going to right now behind closed doors here at the white house. We expect to see some tape of that and well bring you any comments that the president does make. But this morning we saw the president in a separate meeting, meeting with the nations governors, talking a little bit about where health care is going and the efforts of the Republican Party to repeal and replace obamacare. The president striking a little bit of a glum note here this morning, a slight
We are focusing on the president , he is going to outline tomorrow night what he wants to do, you cant put the cart before the horse x in this case that cart is obamacare and repealing and, ultimately, replacing it. But there are plans in his budget announcement tomorrow night to lay out a case for increasing the defense budget, already pretty heldty at about 550 billion a year by another 54 billion. Just word of that has sent a lot of defense stocks soaring, and theyre not the only group that could be baiting the fish for what the president outline tomorrow night before a joint session of congress. With more, we go to blake burman at the white house. Hey, blake. Reporter two major, big ticket items under discussion here and really as the president set to med to capitol hill tomorrow night to lay out his vision before congress. That being the budget and to replace the Affordable Care act. Talk about the details, at least the thousand foot view stuff the president wants to focus on spen
And [inaudible conversations] thats very impressive. We had a meeting with the governors on the horrible effects of obamacare. We will be talking about it during the speech. Thank you for being here. Hes doing a wonderful job on a complex subject and is an advocate who wants to have a Great Health Care system. Obamacare has been a disaster and it is only getting worse. Premiums increased by double digits since its gone into effect, premiums are up by almost 100 in many areas and this year will be the year that i predicted as a catastrophic year for the payments you take a look at what is happening in the states like arizona it will be worse this year that caused them to drive the prices up and now they are down to 1 inch or. Nearly half have stopped participating in the exchanges and its gotten so bad nearly 20 million have chosen to pay the penalty rather than buying insurance anbyinsurance and thag nobody has ever heard of and to create more competition and bring down the chaos of ob