Administration taking shape before your eyes on capitol hill right now. Look what you see on your screen. As were awaiting weve got senator Jeff Sessions being questioned about the executive branch privileges. That is the power donald trump will have as president. And in this hour, in 29 minutes, retired marine fourstar general john kelly will take the stand in front of the Senate Homeland Security Committee. President elect trump asked a veteran of the wars in iraq and afghanistan to be the face for some of his most controversial policies, border control, mass deportation. We could see some fireworks on both those issues. That is now in 28 minutes. Of the white house, president obama getting ready to make his grandfatherwell speech tonight. Adam shapiro is right there to tell us what you should expect to hear. We have two huge interviews to talk about all. A fox business exclusive. Billionaire bond king, Jeffrey Gundlach is one of the most respects voices across wall street and main s
This is two hours and 40 minutes. [inaudible conversations] [inaudible conversations] [inaudible conversations] the meeting will come to order. Senator whitehouse is next followed by senator young. Senator whitehouse. Thank you, chairman. Lets me ask first to put into the record a letter from our governor in rhode island, which says in rhode island im quoting here we have actually seen exchange premiums decrease in two out of the last three years. Ended that this has saved consumers nearly 220 million since 2012. So, the story on the Affordable Care act in rhode island is a good one. I would also like to put this little graphic into the record, which to explain briefly, the red line along the top is the cbo estimate of where our healthcare costs were going to go back when they were making the estimate in 2010. Then, at this time 2016, after the aca was in place they took a look at the Actual Experience up to that point ended a new new projection Going Forward based on the Affordable Ca
Meeting will come to order. This senator whitehouse. Let me ask first to put into the record a letter from our governor in rhode island which said in rhode island, we have seen exchange premiums decrease in two of the last three years. This has saved consumers 220 million since 2012. The story on the Affordable Care act is a good one. I would like to put this graphic into the record. To explain it briefly, the cbo estimate of where our healthcare costs are going to go in 2010 and then at this time, 2016 after the aca was in place they took a look at the Actual Experience and did new projections Going Forward based on the Affordable Care act, just in the following ten years, from 2016 to 2026, they are forecasting 2. 4 9 trillion in federal healthcare savings that relate back to the Affordable Care act. This is where that came in. We throw this thing out at our peril if you care about saving medicare, the savings to which are a significant part of this 2 . 9 trillion. With nothing to re
Meeting will come to order. This senator whitehouse. Let me ask first to put into the record a letter from our governor in rhode island which said in rhode island, we have seen exchange premiums decrease in two of the last three years. This has saved consumers 220 million since 2012. The story on the Affordable Care act is a good one. I would like to put this graphic into the record. To explain it briefly, the cbo estimate of where our healthcare costs are going to go in 2010 and then at this time, 2016 after the aca was in place they took a look at the Actual Experience and did new projections Going Forward based on the Affordable Care act, just in the following ten years, from 2016 to 2026, they are forecasting 2. 4 9 trillion in federal healthcare savings that relate back to the Affordable Care act. This is where that came in. We throw this thing out at our peril if you care about saving medicare, the savings to which are a significant part of this 2 . 9 trillion. With nothing to re
Now these meetings, under one Year Anniversary of that deadly terror attack in San Bernardino california. And one day after they made a surprise announcement at a rally in cincinnati. He will nominate the marine general as his secretary of defense. We have the foxbusiness all stars. Meantime on wall street. They showed an increase of a hundred 78,000 jobs into the Unemployment Rate oh by the way. Tiger woods is back. They bring it on the any and freddie. Lets begin the count on. What a difference a single day makes. After clocking in another record close it now is staying in the red. Flirting with session lows. If you can. They were the shining stars write about this time yesterday. Wells fargo, bank of america. Jc morgan. Just to name it through. The financials the bestperforming sector. Because across the board. After being down for two consecutive trading days. Its now on track to end the day in the grade. In those giants. They reverse yesterdays losses and make investors money toda