Era. You are category me to come up with how much, i dont think i have to do that right now. Kennedy you do. What the hell is wrong with you . Why have liz and bernie been acting so caging when it comes to paying . The mag does not add math does not add up, each offered a tax the rich solution, but if you crunch the numbers that will not work. And they conclude tax increases on high earnings, corporations and Financial Sector by themselves could not cover much more than onethird of cost of medicare for all. That means the middle class will get the shaft. They will be the ones with the bill, according to crfb report only way to pay for it includes things like a new 32 payroll tax on wages, and 25 income tax or more than doubling all individual and Corporate Income tax rates. Never fun to read find print, a lot of people would choke on that before the polls, should far left candidate abandon that charade or keep pushing to bankrupt the nation, party panel, the birthday girl, kat timpf. L
Subcommittee hearings on investigations will come to order. We are hearing a hearing called sabotage. The purpose is to examine the efforts to ensure quality and Affordable Health care. The chair recognizes yourself for five minutes for an opening statement. Its no secret that the Trump Administration has worked to sabotage health care in this country. On his very first day in office, President Trump issued an executive order directing all federal agencies to dismantle the Affordable Care act, both, to the maximum extent bylaw. Ever since then, the Trump Administration has worked tirelessly to undermine the aca, and other Critical Health programs at every turn. In her role, this seema verma has been behind many of the efforts to undermine the Nations Health care. Despite her role in this, is the first time administrator has appeared to testify and an oversight hearing, and we have many questions regarding the administrations actions. Since for double care act was signed into law more,
Pressures for boeing, downgrades at Credit Suisse and ubs renewed congressional scrutiny, shares tumbling 10 on the past week. Opioids on trial in ohio for Drug Companies reaching a last minute settlement ahead of a landmark First Federal opioid case. And Mark Zuckerberg speaking out, why the facebook ceo tells nbc news it is more important to be understood than it is to be liked. Shares of boeing under pressure, having its worst day in more than 2 1 2 years, losing almost 7 friday. As we said, Credit Suisse and ubs cut the stock to neutral from buy today boeing under scrutiny following the revelations of the emails from 2016, which called into question the safety of the 737 max jets Flight Control system. The board met over the weekend, expressed regret over the message, continuing to investigate. Dennis muilenburg is scheduled to testify at house transportation next week reuters suggested this Board Meeting in texas may consider things like job cuts and some other kinds of trimmings
Big quarter for apple, set to report tonight after the bell. Investors closely watching the companys Current Quarter sales and forwardlooking revenue forecast joining us this morning, brian white as well as krish sangar. Stocks had a great run here. How much is priced in . Theres a lot of optimism going into this report i think really whats happening is the market is saying, look, we believe the services story. Iphone 11 has been good out of the gate theres a lot of things we need to think b aabout. All three iphones came out in september, versus september and october. We have some tariffs that have kicked in that could drag forward. All in all it should be a decent report, but i think the Services Report is more important big week for apple tv plus, big premiere here in new york. How much of that story is understood, especially when we start now paying more attention to disclosure and accounting on that part of the business . I would say a lot of it because there are a lot of unknowns
Im Carl Quintanilla along with jon fortt. A big week for tech earnings amazon, intel, microsoft and twitter on deck this week on a positive start in the runup in tech continue dan and steve are here with me with answers good morning, guys good to see you. Im wondering, dan, before we get to the bignames, if you have been thrown as a breakdown of software and worries about i. T. Spending the next few years . You are seeing cracks in the armor. High multiple software crowded from the institutional perspective. Many head or the exits it is overdone in what we are seeing it shows the risk in earnings season continues to be front and center steve, quickly on that . I would agree software particularly has been taking a header. Companies are doing fine you sell at 38 times and 8 times sales, it doesnt take much to take the stocks down we will play it out a few more months before coming back. Dan, it is cloud week how much does that matter versus intel with insight in the i. T. Spending questi