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Transcripts For CNBC Closing Bell 20240711

Gdp to be negative this the First Quarter of 2021. It is friday before a holiday week 59 minutes left in the session down a quarter of a percent on the s p 500. No gobbledy gook coming up for the next two hours here either. Coming up on this show, instead we are going to dive into the latest on the coronavirus and pfizers push to get emergency use authorization for its vaccine with the fda commissioner and pfizer board member dr. Scott gottlieb. Plus, new york city shutting st. Louis down the head of the Teachers Union in new york will be here to weigh in. Lets check on futures mike santoli tracking the margaret as always meg tirrell with the latest on pfizers vaccine and bertha comes has the latest on what President Trump just announced. Mike santoli, lets start with you. Not disturbed so far by the news last night about the treasury pulling the funds from the fed. If you look at the pattern here, it is about a flat week as well. Trading just below the highs we hit on monday. Before t

Transcripts For CSPAN Health Care Law Supreme Court Oral Argument 20240711

This court construed section 5000 day of the Affordable Care even reate a choice, either adjust or pay the tax. In 2017, congress did not change sub a or b, it just reduce the amount of the tax of tax to zero. This still protects presents a choice, buy insurance and do nothing. That does not harm anyone or violate the constitution. Respondents insist that the 20 17th amendment to tear down the entire aca that rests on two untenable arguments, first respondents contend that congress transformed it into a command when it zeroed out the tax. That is contrary to this construction of the same tax, it is at odds at how congress and the president understood the amendments, and it would attribute to congress and intends to do exactly what this court said would be unconstitutional. Seconds, second, respondents argued that if this is unconstitutional, every other provision must also fall. The starting part of any remedial analysis would be the presumption in favor of severability, and here the t

Transcripts For CSPAN Health Care Law Supreme Court Oral Argument 20240711

This court construed section 5000 day of the Affordable Care even reate a choice, either adjust or pay the tax. In 2017, congress did not change sub a or b, it just reduce the amount of the tax of tax to zero. This still protects presents a choice, buy insurance and do nothing. That does not harm anyone or violate the constitution. Respondents insist that the 20 17th amendment to tear down the entire aca that rests on two untenable arguments, first respondents contend that congress transformed it into a command when it zeroed out the tax. That is contrary to this construction of the same tax, it is at odds at how congress and the president understood the amendments, and it would attribute to congress and intends to do exactly what this court said would be unconstitutional. Seconds, second, respondents argued that if this is unconstitutional, every other provision must also fall. The starting part of any remedial analysis would be the presumption in favor of severability, and here the t

Transcripts For CSPAN Health Care Law Supreme Court Oral Argument 20240711

Unconstitutional, after the 2017 tax law zero doubt a monetary penalty for no coverage. The court has through june, 2021 to issue a ruling. Chief justice and associate justices of the United States. , all people having business before the Honorable Supreme Court of the United States are advised to give their attention for the court is now sitting. God saves the United States in this united honorable court. We will hear an argument in texas9 840, california v. And the consolidated case. General monaghan. Justice, and nfib this court construed section 5000 day of the Affordable Care even reate a choice, either adjust or pay the tax. In 2017, congress did not change sub a or b, it just reduce the amount of the tax of tax to zero. This still protects presents a choice, buy insurance and do nothing. That does not harm anyone or violate the constitution. Respondents insist that the 20 17th amendment to tear down the entire aca that rests on two untenable arguments, first respondents contend

Transcripts For CSPAN Health Care Law Supreme Court Oral Argument 20240711

Chief justice and associate justices of the United States. , all people having all persons are admonished to give their attention where the court is now sitting. Able court. We will hear an argument in texas9 840, california v. And the consolidated case. General monaghan. Justice, and nfib this court construed section 5000 day of the Affordable Care even reate a choice, either adjust or pay the tax. In 2017, congress did not change sub a or b, it just reduce the amount of the tax of tax to zero. This still protects presents a choice, buy insurance and do nothing. That does not harm anyone or violate the constitution. Respondents insist that the 20 17th amendment to tear down the entire aca that rests on two untenable arguments, first respondents contend that congress transformed it into a command when it zeroed out the tax. That is contrary to this construction of the same tax, it is at odds at how congress and the president understood the amendments, and it would attribute to congress

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