Better wage growth looks. Better Interest Rates look as well, they back up reflecting all of that of course that is something that markets are seizing on as Deirdre Bolton and i chatted in the past. Wall street is perfectly fine with the same doubledigit wage increases but has Serious Problems with you making that money. Thats right. Do not pay the average worker. We talked about that with those fears of inflation. That is to say if there are inflationary pressures then you do see yields, well show you the bond yields go up. The reason it makes investors nervous, because it means all kinds of borrowing get more expensive. I want to take you through intraday chart. You were talking about this, neil. This is the nasdaq. They have the same pattern. You saw the dow flash quickly here. Could it get worse monday morning . The answer was yes. We pared some of those losses. Fighting bag here in a little bit. If you look at nasdaq and dow and s p 500 they have this pattern where they started lo
Four republican senators say to this rework on healthcare, not acceptable to us. One of them is rand paul who will be joining me shortly. Suffice it to say the devil is in the details. They dont like the details. Where are we going from here . Chad pergram is grilling these guys and he was on every Major News Network simultaneously. It was a remarkable moment. Not the healthcare rework, chad. Chad, what happened here . You have four republican senators, ted crews of texas, rand paul of kentucky, ron johnson of wisconsin and also mike lee of utah who say theyre no. What were dealing with are congressional physics. They want 50 votes to pass the bill and have mike pence break the tie with 51. If you have 52 senate republicans, youre in trouble. What is going on with the other four . Rand paul said he doesnt want to kill the bill. He want to apply leverage, make it better. Thats what i asked ted cruz about. You think by saying no, they will say maybe we can help you here, help you her and
If republicans still spending hundreds of billions on healthcare is mean, tell me what constitutes nice . Its still covering people with preexisting conditions is heartless, what shows heart . If keeping kids on your policy longer matters when democrats do it, how about republicans . If democrats bemoaning the republicans about paying for it, makes then clueless . If barack obama calls it a massive transfer of wealth from the poor to the rich, wasnt he the one that started this transfer in reverse exploding costs on the poor and the rich . No, this is not about a massive transfer of wealth. Its about a massive departure from reality. Im the geek here. Ive done the math. What is mean, my friends, is doubling premiums you promised would stay low. What is mean is limiting options for care when you promised they would have plenty of options for care. What is mean is saying you can keep your doctor when you cant keep your doctor. What is mean is forcing young people to pay up for coverage w
Neil [laughter] incredible. I am neil cavuto. Gran is back. The death party comments. Hillary clinton back. Republicans of the party behind it. Red alert politics and where this is going. Now it is out of control, and a lot what you make of those . High, neil pill dimmick. The synod bill has a lot of questions. I think the most important thing that people really care about. Well my premium get up . Will be easier for me to get a doctors appointment . To see a doctor . Even if youre doing it out of pocket. It addresses a lot about medicaid. It doesnt address those things. Neil the one thing that comes up in these discussions, how are you can have a rational argument about what is too little versus too much. What is expensive is not as expense appeared both parties. When you start throwing around things like hundreds of thousands are going to die. Its unavoidable. You better watch. Democrats are very keen on talking about republicans session with death panels and overstating the case. He
Changes and assuming they get over this hazmat scare, the fact of the matter is, rating agencies are still likely to downgrade the states debt. Jeff lock, fox business network, has been following this closely. Maybe he can bring us uptodate. Whats going on, jeff . Reporter as if there wasnt enough drama today in illinois already, neil, where we had this big showdown vote. Youre looking at a picture of the gallery. Everyone has been told in the Capitol Building to shelter in place. Its been a tough situation here. About an hour and a half ago, the capitol was put on lockdown as people began to get word that there was a substance, a white powdery substance that had been thrown inside the governors office. We have pictures of the hazmat teams coming in there. The governors staff is not allowed to leave. The ventilation system at the capitol system was shut down. One person was taken into custody. No word on whether they that was in connection with the throwing the powder. At this point, i