Academic group in the country focusing on this matter. Its my pleasure to be here and i want to thank American University for putting together such Great Program and the American Society of law medicine and ethics and other sponsors of this conference which have been a fantastic conversation. We spent a lot of time talking about the future of healthcare policymaking. Industry plays an Important Role in bringing these products forward, but in recent years, drug crisis has continued to rise which has made some of these breakthroughs unaffordable for patients and leading directly to bad consequences when patients are unable to afford the medication as well as driving healthcare spending with spending on pharmaceutical by some estimates making up 20 of healthcare spending overall. We are extremely fortunate during this lunchtime to have one of the key players in helping, who helped establish this pharmaceutical marketplace in representative henry waxman who served as a member of the u. S.
Region. Maria president trumbull make a major trade announcement from the white house this wednesday following his return to washington. Meanwhile, knowledge blitz on capitol hill. Debate in full swing as republicans push to get tax reform finished by the end of the year. Dear congressman peter king told me he will vote no on this legislation. They are hardworking, middle and upper middle income people. The family may be making 400 million. They broke in her neck for the last 20 years. They are not hedge fund people. Im not going to vote for that. Maria the quest for a deal on organ hatches plan to introduce amendments to change 401 k contributions. General electric taking the stage in the spotlight this morning. The company said to hold an investor day in new york today look at the stock at 20. 79 a share. Among the top questions today. Will ge keep its dividend or cut it . What to expect out of a possible dividend cut this afternoon. Features indicate a lower opening for broader aver
Designing customized individual and Group Retirement products. Thats why were your retirement company. Additional support has been provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, megan thompson. Thompson good evening, and thanks for joining us. President donald trump is marking his 100th day in office with a visit and rally tonight in a key swing state that propelled him to the white house. Mr. Trump is expected to address supporters in harrisburg, the capital of pennsylvania, which backed him last november, the first time the state went republican since 1988. Before the rally, the president was set to visit a shovel and gardening tool manufacturer and sign an executive order directing the Commerce Department and u. S. Trade representative to identify trade agreement violations by other countries and recommend solutions within six months. Ear
Single day for tax reform for the gop so far i am Brian Sullivan. At a National Association of manufacturers summit in washington, d. C. , 30 minutes ago, vicepresident pence talked about tax reform and called for a 15 Corporate Tax rate we are waiting a few minutes for House Speaker, paul ryan he will give a major speech on tax reform and outline what he wants to do and when he believes he can get it done after that, he will sit down with us right here on cnbc to talk everything taxes, both from individual to Corporation Tax reforms. Michelle, a bringing day ig day. Im Michelle Caruso cab rrea the yields on bonds have hit 2. 748 snap and twitter taking a hit after facebook announced instagram now has 250 million daily active users lets listen to House Speaker, paul ryan right now as he begins his speech thank you so much, buddy appreciate it. Afternoon, everybody how are you doing . Great to see you thanks for coming out today. Appreciate it. Welcome to d. C hi, kathleen thank you. Th
The rug out from under them that isnt really too shocking coming from speakinger ryan. Simple majority votes in the house before taxes go to the senate. To make them permanent in the senate you need 60 votes or more. This would not be done if he had his druthers if he had budget being sill ages. Is he sending a signal in order for Lasting Impact and value, and if he truly wants them to be permanent, then going the budget reconciliation route, will only require simple majority in the United States will not be enough. You will have to go to get a 60vote win, a 6vote margin allows permanent tax reform. Aa to president bushs tax cuts. They sunsetted after about 10 years. Now the question is, is he sending a signal both to the administration and to his colleagues in the senate, we can not afford to do that. Tax cuts are one thing, we have to welcome them, but we have to go for something much bigger that would involve going past budget reconciliation to something getting 60 votes in the sena