The u. S. God are being called historic and massive. The Healthcare Plan would reduce the deficit by 337 billion. But it could cause 14 Million People to lose insurance over that time. This as the northeast is bracing for a major blizzard. Also, the brain cancer patient who was called a nazi because of his hair by a shan thank bee. His gofundme page has raised 100,000 to fight cancer. The president is set to shape the federal governor to its core. Its the first time the government has executed cuts of this magnitude. It will be the deepest cuts since the end of world war ii. Ron paul has wanted cuts to the government and hes here next. The northeast is here for extreme weather. 40 million americans are in the path of this storm. Now a blizzard warning has been issues for the new york city area. Rick leventhal is on the ground in long island. It could be rough and dangerous. We spent much of this day at the Public Works Department for the town of oyster bay. They have been putting plow blades on 300rucks. So they can get ready and start plowing the roads as soon as the flakes start falling. And they have loaded them with salt and sand. Liz we have breaking news. Lets go to sean spicer on Obamacare Repeal and replace. Let me turn it over to dr. Tom price, the secretary of health and human services. It was a good Cabinet Meeting we had. The cbo report came out during that meeting. We have to question compared to what . This is about parole peoples lives, about the coverage, the Health Coverage they have, but the healthcare they receive. The fact of the matter is right now current law, we have individuals who have Health Coverage but no healthcare. Its important to appreciate that. Coverage numbers are going down. If obamacare, the aca went away,ed the fact of the matter is there would be 20 million that would not have coverage. The cbo did not look at the entire plan, the Regulatory Service to make sure patients are helped and costs are decreased. They also ignored completely the other legislative activities that will be put in place to make sure we have an Insurance Market that actually works. We believe our plan will cover more individuals at a slower cost and give them choices they want for the coverage they want for themselves and their family, not that the Government Forces them to buy. Im pleased to be joined by the, mb director, mr. Mulvaney. We havent had a ch to read the whole report yet. One of the parts i have seen beyond coverage. Thats deals with premium costs. We believe for reasons that have been basic tenets of republican conservative thought for a long time is competition lowers cost. Cbo told us thats right. The numbers i have seen, the cbo says premiums will go down by at least 10 with this plan. It confirms what tom and i have been talking about publicly. We think the idea of taking market competition, putting it into healthcare and getting government out of the way, quality goes up and costs go down. Something the cbo may have gotten right is they said the premiums come down in cost. Well take a couple questions. The cbo reports 14 Million People will end up without insurance next year. If you look at that, its virtually impossible to have that number so curl. Just look at the numbers. There are 8 Million People on the exchange currently. Im not sure how they are going to get 14 Million People uninsured with only 8 Million People on the exchange. They are indivuals who are on medicaid that they assume will not take the medicaid policy because the mandate ended or something happened . It is just not believable is what we would suggest. Well look at the numbers and see. Without that mandate to buy coverage, would you not concede millions of people will not have insurance under this plan . If i wouldnt concede that at all. You dont think millions of people will lose their insurance. They will be able to buy a policy they want. They will have choices. You think about the numbers at the top line, just top line on the cbo report today, it basically says that well be right back at preobamacare status with 14 Million People uninsured. We believe the current plan will insure more individuals than currently insured. We think it cbo has it wrong. The cbo score assumes that if you are on medicaid today that you choose to get off medicaid after the mandate goes away. Does that make sense to anybody . So what the cbo told you, if you are on medicaid, the day the mandate goes away, you will get off medicaid. Tell me how that makes sense. The cbo is saying it happens on day one. They say fewer older people will be getting coverage. That the older people with higher costs will drop off of the Insurance Marketplace. Do you agree with that aspect of the cbo report. No, we dont. I would point to the fact that apparently what the cbo looked at was simply the bill pending before congress. It didnt look at the state grants. It didnt look at the flexibility. Thats what the states are demanding and asking for so they can care for their most vulnerable population. It didnt look at the legislation we are look at so we can provide for greater choices an greater competition. We dont have all these questions about just wait, we have more stuff coming. Why not do it all that once. Its being rolled out all at once. We are working on the regulations right now. We had a proposed rule to nail oh the window so the insurers are able to stay in markets. One third of the counties, over a thousand counties only have one insurer offering coverage on the exchanges. Five states only have one insurer offering insurance on the exchanges. You tell me thats what the plan was. The federal government has vested them to only have one choice for coverage. Thats not our plan. Our plan is to allow individuals the opportunities to purchase if the coverage they want for themselves and their family in a market that he lous them an array of choices so sit suits them. So it suits them. Are you encouraging law makers to disregard this report . No. Well read the report and look into the report beyond the top lines and have further comment tomorrow and talk to our colleagues about why we believe the entire plan we recommended moving forward and adopting is one that will provide greater opportunity to purchase the kind of coverage they want and put patients and families in healthcare. Thank you all. Stay warm. Liz the white house responding to the cbo estimates for the obamacare replacement bill. You saw tom price and Mick Mulvaney and sean spicer out. The cbo is sayingur the new legislation would cause the deficit by 332 billion the next 10 years. And 14 Million People will lose coverage next year. Only 10. 4 Million People were even rolled on the exchanges. 10 million more went on to medicaid. Dana, the one issue that sticks out here and i would like your thoughts on this, tom price and Mick Mulvaney says 14 million who will be uninsured by next year, basically the cbo is saying they will be uninsured by choice if the Obamacare Mandate tax goes away. They are saying they could buy covering next year. They are saying the cbo is wrong. What are your thoughts . I kind of agree with them on this issue where the cbo could be wrong. The cbo has an awful, horrible, no good, bad history where it concerns free predicting what obamacare is going to do. Test and the cbo his toirkally has been so politicized we know they score what is given to them and this is used to bolster one parties agenda over the other. I do not trust the cbo one iota. Particularly now that this mandate though there still is this individual mandate or penalty that people will have to pay to the Insurance Companies, usually the penalty is always less expensive than what the coverage is going to be. So there is going to be a significant number of people who will say this isnt insurance as to how i wouldork with my house or auto, so i will forego it now. The longer we have to look at this and mull it over, there will be more things we have to agree or disagree with the cbo on. I just dont trust them. Liz tom price says the report is not believable, simply has it wrong. He says look at what we are seeing in the Obamacare Exchanges. 10 Million People in the ex changes. So 10 million exchanges, 10 million on medicaid. If you get to 14 million uninsured next year you have got to take people off medicaid. That doesnt make sense according to tom price. No, it doesnt. The cbos math. I wish they would use dynamic scoring with us. That would help us be more accurate and give everybody a more realistic picture of what they can expect with this. I know there is a lot of discussion over the scoring. But i wish it would be more accurate. In terms of the number of uninsured and medicaid, there are a lot of criticisms with this particular piece of legislation that republicans are hoping to push through. When you have people who dont want to go willingly two not want to sign up and get insurance, we do have the freedom to not purchase a product from an insurance company. We didnt have that freedom under obamacare. We were told by being americans we had to purchase his product or pay this penalty. Well see how effective this is and well see what happens. It just came out right when i was getting off radio, this scoring came out and i was quizzical and had a lot of questions. I cant emphasize this, bold i tall is, underscore. The cbo was used by democrats to hammer republicans over the head. The cbo has a horrible track record. I want to look i would trust our own math on this and thats pretty much as much as i can emphasize it. Liz the white house responding to the cbo replacement. They say it will reduce the deficit by 337 billion over 10 years. Dr. Ron paul is here to react to the report. Dont go away. Deartheres no other way to say this. Its over. Ive found a permanent escape from monotony. Together, we are perfectly balanced. Our senses awake. Our hearts racing as one. I know this is sudden, but they say. If you love something set it free. See you around, giulia we cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. And at 4. 95, you can trade with a clear advantage. 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. And if you do have an accident, our claims centers are available to assist you 24 7. Call for a free quote today. Liberty stands with you™ Liberty Mutual insurance liz we are getting ready for a big fight that will break out tomorrow over the cbos estimates on the gops healthcare replacement bill. The cbo says the legislation could reduce the federal deficit over 336 billion over the next 10 years. Lets bring in former representative dr. Ron paul. Lets stay on this idea that you will see a lot of talking points tomorrow. You will see democrats saying there are going to be 14 Million People without Insurance Coverage next year under the gop bill. Missing in that nuance is an important point. They could forego, they could not buy insurance was the Obamacare Mandate tax goes away. What are your thoughts . Even if they were sincere and apolitical, i dont think they are capable of making those predictions. We have a bureaucrat i can monster and trying to transition into something more market oriented. You cant predict human action. They may or may not do it. If the rules change where the Insurance Companies could be Insurance Companies and not dictated to on what they had to sell, who knows what the result would be. But you cant make predictions like this. It depend on so much what is available. The one thing is people are misled when they talk about the ibs that existed. Once the government gets involved they destroy the whole principle of measuring risk. You shouldnt when you are 65 be forced to pay for o. B. Care. But it will be tough overcoming the political demagogues because it will be wholesale from those who want to keep obamacare. Liz you are saying 14 million could turn around and use the tax credits and buy insurance. Is that our saying . If they do the right things where they make it more available. I can go back to my doctor again, you may have a tremendous surge in it. I know the republicans would like to see more competition with Insurance Companies. You know, easier to purchase the insurance. If that happens, i think savings accounts would be very, very important. But those individuals who love government medicine and they love total control, they dont want competition. And some of the drug companies, Insurance Companies and others, they like protection from the government. But the competition is the secret to it, and thats the big thing we dont know what will come of all this. But it would be absolutely different than what the cbo is saying. You could have a lot more people insured if you make it competitive and people make their own choices and change a few of the rules on the insurance business. Liz speaker of the house paul ryan explained why less people could be covered under the obamacare replacement bill. How many people will lose coverage under this . I cant answer that question its up to people. Here is the premise of your question. Are you going to stop mandating people buying insurance . People are going to do what they like. Its not our job to make people do something they dont want to do. Its our job to make sure people have access to universal coverage whether they choosing to do so or not. Liz 14 million americans will lose Health Coverage in 2018 according to the cbo. The headlines will be 14 Million People will be without insurance. But do you think there should be Less Government in the Healthcare System . I happen to believe that very strongly. I think thats where the basic flaw is. I always maintained there is together in constitution nor in a sense of morality that you can say people have a moral right to mandate or dictate and take something from somebody else because they need it. Thats not a right. People have a right to their life and liberty. The fallacy also on top of the understanding of rights is this whole idea that governments can plan things and dictate. Because they usually backfire. We never had a program that when the tvs came out we worried about the poor people having tv sets. We need a mandate to make sure not only the rich i remember when tvs came out only rich people had them. But if you have had a rule that said its man dated, we are going its mandated, we are going to take over and we are going to distribute to tvs to everybody. People dont believe services can be delivered in that manner, but they can. This is a bureaucratic monster in people who believe . Central economic planning and it always fails. But this an example of the most intrusive Central Economic planning, this obamacare its atrocious. The proper lesm is you cant wave a wand and say we agree they dont have a right and markets can do a better job. Its impossible to go back on that, thats why you have squabbles that go back and forth. I would say tough did the right things you will have a lot more people with access to medical care. Liz were the cbo says pins premiums could go down 10 under the gop plan. Next up, media outrage over president obamas decision to let go of 46 federal prosecutors. But it turns stout janet reno did the same thing. Letting go twice as many prosecutors. Dont go away. Fees . What did you have in mind . I dont know. 4. 95 per trade . Uhhh. And i was wondering your brokerage offers some sort of guarantee . Guarantee . Where we can get our fees and commissions back if were not happy. So can you offer me what schwab is offering . Whats with all the questions . Ask your broker if theyre offering 4. 95 online equity trades and a satisfaction guarantee. If you dont like their answer, ask again at schwab. Afoot and lighthearted i take to the open road. Healthy, free, the world before me, the long brown path before me leading wherever i choose. The east and the west are mine. 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Liz media outrage over the trusm administrations decision to threat go 46 federal prosecutors landed with a thud when anchors reminded that president s obama, clinton did the same thing. Janet reno fired twice as many in one day, firing Jeff Sessions at that time. Janet reno ended up firing Jeff Sessions. Janet tree know fired every shoastledover u. S. Attorney across the country. I asked for their resignation at the request of the president. All u. S. Attorneys, a oneday clean sweep. I have