The president who has been phone calling and speaking to senators who are on the fence. Lets start first with the president s tweet this morning. He said in a tweet tweet republican senators are working hard to get their failed obama care there failed obama care replacement approved i will be at my desk pen in hand. You also tweeted that theyre working hard those senators who might be on the fence to buy in to the revisions to the better care recreation act. That has brought some of the moderates in because it doesnt provide for cheaper insurance plans. Heres what Lindsey Graham said about it. The new idea is much better. It repeals the employer mandate. His provision is a good one. There are still concerns about the bill. Here is what i hope we can do as republicans. You are ready had two a senators who are essentially say no to even letting the bill go to the four go to the floor and the debate. They can only lose one more senator. But dean heller from nevada seems to be the key and all of this. Can they win him. Can you get him to guess what he faces a tough reelection in the future and hes concerned about what are some of the potential cuts in medicaid. And john hoban from north to dakota they dakota they were all in a meeting yesterday trying to figure out how they can get those senators to guess if they cant get all of them to guess thank you very much. Adam shapiro on the floor with us right now. The republican senator tim scott. I hope you are doing well. On this measure that you know of it how do you feel. I think we have made significant improvements in three major categories. It will preserve and save medicaid. You can choose to head insurance or not because of the end of the individual in mandate. It estimates that if 30 drop in premium as our plan kicks in in 2020. There are things very attractive in the bill but as you know we are one vote away from the straw that breaks the camels back. Even to consider how to improve the existing form of the belt. Now what ever concessions as you know better than i were made to win over moderates. There are enough moderates still annoyed at that theyre not coming on board. The fact that some of the taxes. The upper investment on income. Who earn over 25,000. That chase. What you say. There is no doubt that those two taxes that you just described our worth 240 billion that should never been a part of that in the beginning the question is do you tackle that now. In other words you are telling those who arec leery about that we will address that with the tax reform measure. And then have a conversation and then hopefully tax reform now includes dealing with those taxes that we have not dealt with in the health care bill. What is interesting about that is the moderates that might signup because the funding that you get from keeping those taxes in place. Its what keeps the extra money for medicare and there. If you take that all the way there. Youre going to pull the rug out from under me. The tax reform tactics that we must get past the finish line is something that will bring more revenues to the government because of the dynamic growth. If we believe in the curve and the lower taxes. The higher incomes and more jobs than we can bet on our economy. If we fail at this objective of replacing obamacare with something that is durable we will have failed on a very important responsibility. Ensuring that the average american has access to healthcare if they wanted. And having an America First approach to healthcare that disentangled us from government centric approach is incredibly important. The Health Insurance mark as market as we know it. If this doesnt work or you dont come to an agreement. Enough senators are still not satisfied the move onto tax cuts after this. There are two things i think we ought to keep in the back of her mind. Either you are voting to continue obamacare or you are voting for the alternative. If you vote no they are ensuring that it continues for some time that we will not be happy about. The worst part of obamacare is the individual market. There will be a move from right and left to cobble together reform that will address some of the challenges in the individual market which means that we will be putting time, energy and money back into a formula that does not work called obamacare. If we fail here we come right back in my opinion to the healthcare conversation and we do that in a bipartisan fashion with Democrats Holding the ace. Your neck in a give up on it until you get something done on your own. Before you even tackle tax cuts. I am very certain. Spending a few years in the Insurance Industry that if all of the markets are collapsing there will be a major push from congress to fix that. I think so. Has a long game. We must turn to tax reform. There is over half of Million Dollars in corporate revenue in 2008. We are losing revenues whether or not we get tax reform done and they will accelerate. With defined not a panacea by a formula but a formula that reduces the likelihood of inversion in order to be successful. I am not heard that before. Two former new york republican senators say that. What do you make of this bartering back and forth it means that whatever guarantees worst to belated now can essentially be rescinded later. The taxes that remain in effect now can be removed in the tax reform. I totally agree with you. Tim scott has impressed me for a long time now. That is probably the best republican senator interview that ive heard thus far on the healthcare bill realizing how important it is to make sure that people dont have things taken away. Just important things that we want to make sure that our lower income americans have. I think the smart democrats are starting to talk about as well. Im grieving freely. I thought it was incredibly interesting but Mitch Mcconnell has been playing a game with this has happening now and it can go wait later. The medicaid cuts for the more centric moderate politicians this may not even go into effect. The problem is i dont think the American People are going to buy that. I think its too dangerous an argument for them right now. And also the ones you are trying to win over. Whatever you do to get those votes they could be dissuaded to think. The politics are complex and this is baked was baked into the cake of obamacare. Some of the millions of americans would end up needing medicaid because we have an economy that was slow. I dont know if they pounced on it enough. c the medicaid enrollments went way up. They never went down. We havent really been able to revive the economy to the point that we can put these together. My view on this is that when you get a Government Program and talk about trimming the growth. It becomes political. Giving them opportunity. The democrats are very pro opportunity. We want everyone to get back to work. Im not popular with the left wing in my party anyway. At least 35. It is a particularly difficult circumstance. That is a problem. Anytime we put government in charge of these programs it would be inefficient ineffective and relative. What if they feel at this. And senator schumer who is very unlike jessica would get things done. They have the home process. And the democratic majority in the senate is never going to give the votes needed. Im not at all sure. It could be done they will have to look at breaking the filibuster. They have to break this. Ive been reading really interesting pieces about how important their to be in all of this. He is leaning hard on dean heller about this. You have the far right. The politics and principal. We have a lot of senators up in the state who need to get something done. I think senator schumer is counting on obama care owing to ground. And the republicans been republicans being blamed to it because they already are. Into the Affordable Care act. I want to thank you both very much. The big anchor is enough. Ive have it with this. The real problem is this gridlock and the inability of the two sides to come together and get anything done. He was particularly critical of republicans who are ruining things. Not so much the world but the bankers. You always pay your insurance on time. Tap one little bumper, and up go your rates. What good is having insurance if you get punished for using it . News flash nobodys perfect. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Switch and you could save 782 on home and auto insurance. Call for a free quote today. Liberty stands with you™ Liberty Mutual insurance. We have it up about a little bit. We are looking at a little bit of the banks. A lot of these guys had been reporting these numbers and kicking off today. They were all up better than better than expected today. What troubled us is the socalled guidance. Where they see things going in the future and their they kind of surprised the inlets by saying you know what, were not so keen on the feature. And jamie diamond for example. Partly blaming washington. There would be much stronger growth if there were more intelligent decisions. I cannot repeat them. I have a standards here. Two gentlemen of course never ever use bad words. What he is sane as i could be looking at a much Better Future we could be looking at a much Better Future if these guys got their act together. I think its more of a lesson for washington. Hey guys. Said to me. A guy has a greats age. When you dig into these earnings they are actually stellar in my book. Not only are they relatively cheap talk about the stocks collectively but they are growing and ps there has been zero change to regulation and these banks are already booming. I have a conservative outlook. And to keep my expectations under control. Push some of these reforms through. I like the sector here. He made a lot of good points. They are actually why the market wont go up will go up a lot more from these levels. Without the with out the things that hes talking about. But he is indirectly said you will not have a collapse because we dont get those things because we are in a Strong Enough economy that is still not Strong Enough to drive Interest Rates higher. You saw the text tech stocks coming back. That is what he is concerned about. Nursing shortterm rates go up. There is not enough growth to make longterm rates go up. They get to a flat yield curve. Thats what it looks great now and it might not in a year from now. One of the things that came through. That was actually a bit of a downer for some of these guys. So whatever strength they experienced did not come from mortgage lending. It wouldve been the case. Is that telegraphing some basic economic troubles. We have seen and some other data that has come out that will telegraphing something. The Housing Market is sort of an unique situation right now. Inventories are really low. Theres not many transactions as we would want to see. There hasnt been a lot of volatility in the capital market. Heres the point. If you look back 15 years ago and a lot of these companies they are a lot smaller and weaker they didnt have the multiple Revenue Streams they have now. c all these big conglomerates. Now they have the ability to shift their income streams and hopefully the regulation comes in to treating away from mortgage. I like that. I think their future is actually a lot brighter than people are painting. A lot of people have been hedging their bets. They are dropping some of the technology here. That banking would pick up the slack. And this probably would keep going. What do you think. The tech weakness which didnt last very long. They shouldve gone further. It was a basically earning momentum growth. The whole amazon prime day they created a hold mother spending another major spending holiday. That is ultimately what drives very expensive growth stocks. At this point with the rates also not going higher want to thank you both very much. And then we have these black swan developments that swan developments that could change everything including the investigation into meetings with russians and all that. Now we are learning that at that meeting there was an additional russian. One tied to the intelligence community. The former independent counsel robert ray. Think again. This is the new new york. We are building new airports all across the state. New roads and bridges. New mass transit. New business friendly environment. New lower taxes. And new University Partnerships to grow the businesses of tomorrow today. Learn more at esd. Ny. Gov potsc in unison drive russ, leland, gary yes. Gary i have a ford f150. 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Some more revelations coming in. They could now confirm that there was another entity at that meeting with donald trump junior. c he was known to u. S. Authorities. He was even working with a visa expired and it was not deemed a big deal. The former Counter Intelligence officer. It was also sitting in on this meeting that included the president s son. And of course paul metaphor. Whether the participant of the meeting is there. The first thing that shouldve been done. If it would qualify. This is politics. I think he is right about that. Lindsey graham was trying to say if this is a russian entity equal to the fbi with that. And of itself especially after the meeting was over. I might just pick up and put a phone call that way. Weve come to discover what this guy is doing. That is a legitimate source of inquiry. Im sure the special counsel is reviewing that. My guess is that somebody in one of the lawyers wanted to leak that to the media. Who is doing the linking . There is a lot of people still coming through. With a special counsels investigation. I know information takes you on paths that they did not originally envisioned. It always raises suspicions even though it might be suspicious of what else. The drip drip. It is a disaster. At least not desirable at a minimum. Investigations are complicated things. If they come in contact with something that is under investigation. Its the way the human mind works. After talking with all of the possible information. What you know at the beginning is only a small fraction. It raises your ten on awful lot awful lot of talk about collusion. Who will apply more to business. I dont think they have their antenna. Her meeting with somebody from russia. Where they may have information about Hillary Clinton and the clinton foundation. And donald trump himself had raised that. If youre in a campaign under those circumstances what you had been interested to take them out. And you are particular interested in his in attendance. With regard to this Additional Development i dont think so. I guess not too long ago they were saying this is been linked within the white house. Even mentioned Jared Kushner is doing it. It would come up and then released it. It gets really crazy. As you will know highprofile matters where there is a lot riding on the results cause people to do things that they would otherwise do this was hidden from public view. Its no secret to anybody that lawyers within the white house leak that the fbi leaks that the lawyers involved in representing that. It is human nature. It wouldnt be a surprise. Do you know who was leaking it. Sometimes you do and sometimes you dont. If you have lived a little like we both head. It comes as no surprise. Do you ever look at dhese developments and say this is can it drag on for a long long time. It may not be realistic but experience has shown living through this and having seen other independent counsel in the countrys interest this is desirable if we can get t