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Transcripts For CNBC The Kudlow Report 20120711

five democrats crossed party lines to vote the repeal. the house sent a message to the democratic senate and to president obama after the supreme court ruling that the mandate is a tax after all. voters want their elected representatives to go on the record. as part of our extensive coverage, house majority leader eric cantor joins us, as well as former white house chief of staff andy card who will weigh in. and more breaking news. in an interview recorded just moments ago with federal reserve alan greenspan, that s former fed chairman alan greenspan, he made the case that the country cannot afford obamacare, and that this massive new entitlement has had a chilling effect on business and hiring. take a listen. this extraordinary expansion in the deficit is crowding out private sector investment. also tonight, the dow is down 49. the nasdaq down 14. the s&p basically flat. the libor interest rate scandal grows, now involving states and municipal agencies all across the cou

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