Cycle . Thats his gift to janet yellin. Those stories and much more coming up on the kudlow report beginning right now. Good evening, everyone, im larry kudlow. This is the kudlow report. We are live here 7 00 p. M. Sxeern eastern and 4 00 p. M. Pacific. Much of the east coast digging out from a big snowstorm today and man,s is it cold. Single digits here in new york. Nbc newss ron mott joins us live from boston, where it may be worse. Good evening, ron, and thank you. Reporter hey, larry, good evening to you. Let me tell you, it is so cold out here its hard for me to really convey to you how cold it is. The muscles in my face are really straining to be able to get this mouth to talk, but i can tell you its 9 degrees right now with a wind chill of about 7 below. The temperatures are plunging quickly. And overnight were expecting the wind chills to hit minus 20. So theres . Real concern about the Homeless Population in boston. There are teams going around the city trying to get them int
Good morning. Im richard l u6789 im richard lui. An obama care bombshell. An investigation finds the Obama Administration reportedly knew for at least three years that millions of americans would not be able to keep their health insurance. That has been one of president obamas Key Selling Points for his new health care law. If youve got health insurance, it doesnt mean a government takeover. You keep your own insurance. If you like your plan, you can keep your plan. But four sources deeply involved in the Affordable Care act tell nbc news between 45 to 50 can expect to find a cancellation letter in the past year. The reason, their existing policies do not meet the minimum standards mandated by the new health care law. 2010 obama care regulations do cite a normal turnover in the individual insurance market. Now the white house is pushing back on the investigation. Josh ernest tweeted, quote, thats a, not new, and b, not caused by aca. Its a problem aca will solve. For more, head to nbcn
Good morning to you, im richard lui. As many as 40 Million People this morning are struggling with a security nightmare this morning. The target, Department Store data heist. Lets get right to nbcs melissa melay in washington. I understand target issued a letter to customers late last night. It explains if you are a victim, richard, what you can do to try and protect yourself. It also talks about what they are trying to do to remedy the situation. Of course, they are in a massive damagecontrol state. A lot of people now, though, scrambling across the country to figure out if they are victims. Many of us do it every day without thinking twice. But after one of the largest credit card am sscams in histor one of the nations largest retailers, the next time you pull out the plastic, you might reconsider. There were about five fraudulent charges. Over 60 to 90 each. Reporter shes not alone. 40 million cards now vulnerable. Over a span of 19 days, thieves access targets terminals and stole i
Have me. Let me in, earth, wind and fire a very good afternoon to you, and in spite of aggressive attacks by its opponents, in spite of zealous campaigns to prevent its passage and implementation, it may surprise some of you to learn, the Patient Protection and Affordable Care act is, in fact, alive and kicking. Just moments ago, we got the long awaited enrollment numbers for the month of october. Hhs secretary, kathleen sebelius, announcing on a Conference Call that just over 106,000 signed up on the aca private exchanges in the first month. As the white house has warned, not up to their own or anyone elses expectations but theres more. Nearly 400,000 have now been accessed as eligible for medicaid, or oh the Childrens Health insurance program. And nearly 1 million customers have gotten all the way through the application process but have yet to select a plan. Enrollments are improving, uninsured rates going down, growth in Health Care Costs is slowing, and even that troubled website
Support from young people. Because the obama care website is in such bad shape, the government now has offered to bail out Insurance Company profit and losses, and in a possible second bailout, provide the insurers with guest estimates of health care subsidies. This whole story has gone haywire. All right . All of this and more coming up on the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. Were live here at 7 00 p. M. Eastern, 4 00 pacific. President obama tries everything we can to get the attention away from the obama care, anything. Today he went back to his old stand by, the rich. For more on the president s remarks about, quote, income inequality, end quote, lets bring in nbcs own steve handelsman. Steve. Reporter larry, thanks. This was president obama trying to refocus on helping the middle class that he said relative to the rich was in a long, slow slide from the 1970s and seemed to be doing better when housing and wall s