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I also want to talk about reddit. they ve raised $200 million in new funding. proceeds will be invested into its business, such as building the home page. last but not least, apple is reporting numbers after the bell later on today. analysts are expecting earnings of $1.57. the focus is not so much on the actual earnings. because we re coming towards the end of a product cycle. the focus will be on the guidance for the next quarter as we see the launch for the iphone 8. there will be supply issues with some of the models. back to you. thank you so much. still ahead, people in florida bracing for yet another day of heavy rains as the remnants of tropical depression emily makes its way out to sea. bill karins will have the latest ....
Based on the amount of time somebody is enrolled. premiums would go up the longer you re on medicaid to encourage people to get off of medicaid and get their own insurance. essentially they re saying it would promote personal responsibility by the longer you re on medicaid. $1 on average to $1.57. the longer you re enrolled the longer you pay. is that what the people of kentucky voted for? no, i don t think that s what the people of kentucky voted for either. it is strange because you have this rhetoric, premiums are too high, we ve got to reduce premiums. and then you have a proposal that codifies increasing premiums so it s totally out of step with what they re saying. i do want to speak to this idea of what kentuckians did vote for because there s unusual feeling here. democrats, they intentionally distanced the affordable care act from the word obama. ....
I appreciate that he has enforced more trade agreements than anyone else. what i disagree in terms of the toughness of this fast track process. frankly, i m never going to forget in greenville, michigan, a little town in west michigan when a company that makes refrigerators was talking about moving moved to mexico after nafta. we re trying to get them to stay and they finally said, senator, with all due respect, you can t compete with $1.57 an hour in wages. well, you know want, i don t want to race down to that? we want to race up and that s what this is really about. it s not about trade.u it s about is it going to be a trade that increases the middle class or loses the middle class. well said. thank you senator debby stab gnaw of michigan, please come back. let s bring in the roundtable, former u.s. congressman harold ford and salon s joan walsh and let me ask you about this, a battle among people who generally agree on most things, mostly progressives. most of the progressive ....
Than anyone else. what i disagree in terms of the toughness of this fast track process. frankly, i m never going to forget in greenville michigan, a little town in west michigan when a company that makes refrigerators was talking about moving moved to mexico after nafta. we re trying to get them to stay and they finally said, senator, with all due respect, you can t compete with $1.57 an hour in wages. well, you know want i don t want to race down to that? we want to race up and that s what this is really about. it s not about trade. it s about is it going to be a trade that increases the middle class or loses the middle class. well said. thank you senator debby stab gnaw of michigan please come back. let s bring in the roundtable former u.s. congressman harold ford and salon s joan walsh and let me ask you about this a battle among people who generally agree on most things mostly progressives. most of the progressives are ....
Things will continue. yes, the department of education will be closed. you might not get to visit yellow stone national park. so you might have to wait a couple of weeks for a visa. those things will slow down. but the last time we had any length closure in the mid 90s, about 21 days, guess what gdp did? it rose. and the stock market flat for those 21 days. and then it went up to 7.2% gdp. bernard, no deal is a big deal? gary is living in a fantasiland. the economy last i checked wasn t what it was in 95. gdp will get cut in half. growth falls to 1.57%. if it s closed for a month, we enter a recession for the quarter. it would be a complete disaster. why? hundreds of thousand sais of employees, no paycheck. active duty military personnel who are fighting and giving ....