Covers labor for bloomberg law. Let me begin with a question front and center in the Democratic Party the debate for medication medicaid , who arefor all advocating a public option and keeping private insurance. What is your view . I thought it created a false choice between Union Members who bargained Health Care Benefits and millions of americans who have enjoyed the expansion of health care through the medicaid system. For decades, our members have been fighting for health in this nation and i think the best of the democratic bait is when we stick to the principal of how are we going to cover americans with quality, Affordable Health care for everyone. Host you support private Health Insurance along with public plans . Guest yes, we support every policy that allows for more people to be covered for health Care Coverage. That is why we think it is so important for working people to be able to join together and bargain a better life by having a seat at the table with their employers a
Weld. Joining us from las vegas is the president of the Service Employees international union, mary kay henry. Joining us here in our question is ginger gibson, the political reporter for reuters. And bloomberg laws reporter. Thank you for being with us on newsmakers. Let me bring you a question front and center in the democratic party, medicare for all being proposed by Bernie Sanders versus former Vice President joe biden advocating a public option, but also keeping private Health Insurance. What is your view . I thought the debate in detroit created a false choice between those Union Members who bargain Health Care Benefits directly with their employers and millions of americans who have enjoyed the expansion of health care through the medicaid system. For decades our members have been fighting for health care for everyone in this nation and i think the best of the democratic debate is when we stick to the principle of how are we going to cover americans with quality, Affordable Hea
That is why we are making demands for all. Do you worry that if the democrats nominated candidate supporting Public Health insurance for all would go down in defeat . I think the candidate chosen will be because working people have been in the streets mobilizing and backing a candidate because, what we want are concrete plans and actions to bargain a better life for ourselves and our families. That is a fundamental value of all working people in this economy. I think we will see someone emerge from the democratic field that has the full support of working people and we need bold ideas, because the level of any inequality in this country has just gotten so severe that we want to see the democrats speak to concrete ways that all working people have Affordable Health care coverage, that we will be able to secure a future for our families and the next generation, and we will get health care that our loved ones deserve. Ginger gibson of reuters. Thank you. Mary kay, we have seen a couple of
Reporter for reuters. And bloomberg laws reporter. Thank you for being with us on newsmakers. Let me bring you a question front and center in the democratic party, medicare for all being proposed by Bernie Sanders versus former Vice President joe biden advocating a public option, but also keeping private Health Insurance. What is your view . I thought the debate in detroit created a false choice between those Union Members who bargain Health Care Benefits directly with their employers and millions of americans who have enjoyed the expansion of health care through the medicaid system. For decades our members have been fighting for health care for everyone in this nation and i think the best of the democratic debate is when we stick to the principle of how are we going to cover americans with quality, Affordable Health care for everyone . So you support private Health Insurance along with public plans . Mary yes. We support every policy that allows for more people to be covered. In healt
Announcements, still a couple hours away. Edward lawrence where things stand. Reporter the Federal Reserve has not cutrate since december of 2018. Nowed administration would like to see 2008. The market is pricing in a 25 basis point rate cut at this point. If you look at the speeches over the past month or so, of the 10 voting members on the federal open Market Committee six of those, those six on the screen, have indicated they would favor a rate cut. Now this Federal Reserve chairman Jerome Powell says that the Federal Reserve will use its tools to keep the expansion going. This is important, his language is important, not to head off a downturn but keep the expansion going. That could signal the Federal Reserve could act before they saw any numbers that represent a downturn. They are slow and deliberate in the moves up. A Senior Administration official says the president will call for a more aggressive Monetary Policy. The official says the president want a 50 basis point cut today