There is a lot that you need to know. So lets go to the phones. Eric, whos our first caller . Melissa, our first caller is jim from oklahoma. Caller, youre on the air. Caller i think its really important, and dont you agree, that people of this country have to know what this is really all about. This is socialized medicine. Now, a lot of them didnt believe that. Well, there is a reason a lot of them didnt believe that. It is not socialized medicine. Health care will continue to be administered by the private sector and paid for by private insurers. Actually, the real goal of obama care is to expand Health Insurance to some of the 48 million people, thats 16 of the country, who do not have it. So first, lets back up and talk about how insurance works. Preobama care, if you dont have insurance through an employer, then you have to buy your own policy, and that really sucks. Especially if youre sick or have anything that an Insurance Company could call a preexi preexisting condition, like
Havent changed. That was already in the law. Today were going to extend that principle both to people whose plans have changed since the law took effect and to people who bought plans since the law took effect. So state Insurance Commissioners still have the power to decide what plans can and cant be sold in their states, but the bottom line is insurers can extend current plans that would otherwise be canceled into 2014. Now, this comes with two conditions. Insurers will have to tell people what their current plan doesnt cover, and they would have to tell them they have the option of checking out the Health Insurance exchanges to buy new plans with federal subsidies or even going on medicaid. The president also again took responsibility for the failed rollout. Ultimately, im the head of this team. We did fumble the ball on it, and what im going to do is make sure that we get it fixed. Now, shortly after the president s announcement, House Speaker john boehner issued a statement saying
Earthquake, but the United Nations has refused to pay hundreds of millions of dollars in compensation sought by victims and family members. Outside the u. N. , dozens of people gathered to condemn the u. N. Role. This is a protester. Wasn haiti or the issue already a poor country, it became worse because we didnt have infrastructure. It is crazy the water we consider as live [indiscernible] application [indiscernible] the worlds top climate scientists have unveiled their strongest warning to date about the disastrous consequences of human caused Climate Change is drastic efforts are not adopted Greenhouse Gas emissions. For the first time the International Panel on Climate Change formally endorsed a limit on emissions, saying no more than one jillion tons of carbon can be burned if humanity hopes to avoid a global temperature increase of more than 3. 6 degrees fahrenheit. Already more than half that amount has been admitted that she emitted. The world is on pace to build its trillion t
When it is, exactly, the treasury estimates the United States government will be unable to fund itself going forward. The new date estimated by treasury is october 17th. They say, if we have insufficient cash on hand, it would be impossible for the United States of america to meet all of its obligations for the first time in our history. The stakes are set and for the u. S. Economy, they could not be higher. House republicans have to vote to increase the debt limit to avert a historic default. And today, Speaker Boehner announced his negotiating position. On the debt limit, were going to introduce a plan that ties important spending cuts and progrowth reforms to a debt limit increase. Now, the president says im not going to negotiate. Well, im sorry, but it just doesnt work that way. Once again, republicans will take the economy hostage. The National Review published the gops ransom list. In exchange for avoiding default, republicans are demanding a oneyear delay in obama care. They wa
Treasury is october 17th. They say, if we have insufficient cash on hand, it would be impossible for the United States of america to meet all of its obligations for the first time in our history. The stakes are set and for the u. S. Economy, they could not be higher. House republicans have to vote to increase the debt limit to avert a historic default. And today, Speaker Boehner announced his negotiating position. On the debt limit, were going to introduce a plan that ties important spending cuts and progrowth reforms to a debt limit increase. Now, the president says im not going to negotiate. Well, im sorry, but it just doesnt work that way. Once again, republicans will take the economy hostage. The National Review published the gops ransom list. In exchange for avoiding default, republicans are demanding a oneyear delay in obama care. They want the president to go forward with the keystone pipeline, and they want tax reform that favors the wealthy based on the paul ryan plan. If thos