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rousing version of oops, i did it again. >> mike viqueira will be with us in a few minutes. 20 minutes ago i said i'll see new month. >> and now you're back. >> have a fantastic afternoon. here are the top three stories we're working on. republicans are still celebrating their health care bill that narrowly passed the house on thursday west just heard from the white house. earlier today president trump called it a big win. when everything comes together it is going to be truly great health care. the report getso the president's desk. some are talking about the senate writing a whole new bill. i'll break it down for new moment. plus we saw it yesterday after the vote. democratic members of congress taunting their republican members of congress the way katy tur just described, singing and waving goodbye. the cook report is already changing predictions for some vulnerable republicans. we'll dig into the possible long
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term political ramifications. the economy added 2011 new jobs. it dropped to a ten-year low but oil prices also plunged below $44 a barrel overnight. i'll tell you what thought means later in the show. kelly o'donnell is following the latest. and mike, hello. >> donald trump tweeted was a big win earlier. they had victory celebration in the rose garden yesterday. what are we hearing from the white house this afternoon? >> well, i think the president's branding is leading the way here. a big, big win from president trump on what happened with the house. but there is an acknowledgement from the white house that there are more steps, critical steps and there will likely be changes to the bill that was so hard for
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republicans to finally settle on when they were able to push it thugh house. today at the wte house briefing, one of the things has remained a question, and there are some uncertainties about how it would have a real world impact, the issue of those dealing with existing conditions. they have a medical condition that can make it more difficult and expensive to acquire health insurance, and by virtue of being older americans, those over 50 but not yet qualifying for medicare at age 65, the provisions that would allow insurers to charge more with the actuarial presumption they would use more services from health care providers. and so today that question of, can the president guarantee that they will not end up paying more? there was a back and forth with our colleague kristin welker. in today for sean spicer, sarah sanders. >> and sean spicer was off today
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because he was doing his reserve duty. >> yes. he was. i thought we were going to the sound bite of sarah sanders. >> you offered that very convincingly as if we were. >> did i that lean in which is a cue for the sound bite. her expectation was that there will be additional changes and it is the president's goal there would be a reduction in cost overall. first we're talking about the house bill only. so it is not in the real world t. the magic of the ear piece tells me that they have it now. >> can you guarantee americans, people living with pre-existing conditions, seniors, that they won't see likes in their premiums? >> it was for people with
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pre-existing conditions were protected. the final bill added an additional $8 billion to go a step further to provide another layer of protection. >> it is just not enough money. >> that's not the only piece of that it has coverage for pre-existing conditions. again, the president wanted to focus those that were most vulnerable. >> and so the white house expressing the president's goals with some sort of by absence of saying any acknowledgement, that yes, it is unknown how this will play out. while they stay $8 billion is insufficient, it would help pass it believing would it support accessibility for those deemed to have pre-existing conditions. we're not talking about people in the employer health market. if you have insurance through your employer, we're not talking about that. but those who need to buy insurance on their own. these are questions will need to be asked over time and it could change when the senate begins
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doing its o tinkering. right now the white house is trying to talk about the upsides as they see it as critics are saying, we need to know what this will cost and those in the vulnerable population. >> it would be nice to have the cbo score. you got that clip just by sheer fofrs will because you stared down the camera until we got it. >> to that point, the senate will take its time on the health bill. senator lindsey graham tweeted that a bill finalized yesterday has not been scored, amendments not allowed, and three hours final debate should be viewed with caution. >> saying it's nuts, what's next? >> the animosity between the house and the senate, never mind
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between republicans and democrats. the institutional rival 50 as old as this building i'm standing in. it goes deep and long. minus the 20 that voted against it, they are also glad to send it to the senate where no one knows what will happen. we heard the republican leaders in the aftermath say they would take their time. they formed a working group to have republicans with several of the members about, a dozen or so. this will take weeks, if not months. one thing working to their advantage is that they do not need a filibuster proof majority of 60 them only need 50 with vice president pence as a tie breaker. there are 52 republican senators right now but many more than expressed reservations, as kelly
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was talking about. many republicans come from states that use the expanded medicaid under obama medicare. the age fax kelly was talking about. we're all talking about the lack, to know how many are lose their insurance because of it. the last iteration, it was 24 million. it resulted in contentious town hall meetings last recess. next week, perhaps one advantage per versely or ironically, there is no congressional budget office score. as they push it through anyway, going to the white house afterwards, celebrating with president trump but of course, obamacare is still the law of the land if and when and until d passes it.akes something up >> kelly o'donnell, to mike's point. i want to play a quikt clip of
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ed markey talking about this bill's chance in the senate. you have to pay close attention. it's quick. >> right now to a certain extent the republicans are searching for a unicorn. what can make the far right wing freedom caucus in the house happy while at the same time making moderate republicans in the senate happy? good luck in finding that political unicorn. i do not think that it is possible. >> it's a toughy. >> and i especially appreciate the boston accent for unicorn. we all do. he lived in the house before he became a senator. he knows these divisions on a personal level. it is a tough thing to do. for people less familiar with how this works, you have senators by virtue of the fact they have an entire state do represent citizens of the other political party. and so you find that it is more
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challenging in the senate for them to just go by the more confined district only red states that some in the house have had the political barrier where they're protected by that. that many are like minded. in the senate it is broader than that and you have so few moderates. and those who do exist are also unsure about this even within the republican conference. there are some who aren't sure about the ways to go forward with this. so it will be difficult. any senate outcome has to still be passed by the house. it is the roadblock. >> just looking at your picture, it feels like the world is coming to an end with all the rain so maybe there's hope getting out of here without getting soaked. >> it has eased up. >> last night, sharon brown of
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ohio went on a tweet storm. he identified 90 pre-existing conditions that he says may justify insurance raising your premiums. here they are. like kidney disease, congestive heart failure, cancer can mean being priced out of your insurance plan. asthma, hysterectomy, lupus, stenlts, sleep apnea. it is like reply people suffer from one of these conditions or know someone who does. insurance companies couldn't charge you more than other individuals in your area for having one of these conditions. in your demographic. but under the republican plan, they might be able to. there are certain conditions under which they might. the founder of bold tv, and andrew reuben, good to see both
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of you. let me start with you. this is the problem that obamacare had one thing and that was the he have insurance policy written in this country had to cover certain basics. er rt the president has said he doesn't want to see people charged for pre-existing conditions and they won't be. this is like, if you like your doctor, you can keep your doctor moment. >> the problem was that was the very problem with the structure of obamacare. loading up things for people who don't have a need. if you're a man, i don't think you're going to get pregnant. >> but prostate cancer. i would like the split the cost of both our maldid is. >> i think people should be understanding more about what is happening with their health care. i want to talk about the cbo scoring and the lack of it. the cbo has been so far off. medicare part d.
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by 2013, 30% overshot. we have a cbo. if it is broken, fix it. are we going to pass bills without knowing? >> i agree. the problem is that when it comes to health care, there are so many variables. the freer we can make it, the more we can have costs driven down which is what we saw. obamacare scoring by cbo predicted 22 million people enrollment. only 10 million enrolled. as well as they thought the insurance companies would be profitable. they were not profitable. i feel like cbo is fake news. >> is there any free market insurance system that you've ever heard of in it feels like they're profit making
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organizations who don't insure sick people if they don he to. >> it is for a profi making system. that's what we have in this country and most people like that concept. the voters didn't want socialized medicine. but there are a couple things people need to understand. number one. pre-existing conditions. we all, even if we don't have them today, we're one pre-existing condition away from someone impacted by. this i have to say this. the whole concept of health insurance is to protect yourself for something that may not happen. and the very underpinning of that is everybody has to be in it. if you're lucky, are if i'm lucky, we'll never get cancer. the whole concept is that i'm going to pay into it in case my neighbor gets it, in case you get it, my mother gets it, if someone gets it, the insurance is there. you can't have a stable and balanced insurance market works for everybody if youic and choose who gets on buy what in the market. it falls apart.
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>> so every other industrialized nation in the world has come to that conclusion. that it has to be the biggest pool you can get. they're not all single payer and they do work very well. why is america so insist tent that your insurance isn't just for your pregnancy or my cancer. >> the difference was, i would give the analogy of a bicycle helmet. he wanted $20 helmet. you've got a helmet. whereas obamacare was a $200 helmet. so we have to make sure we have the plans that meet the margaret place. the more we can do that with the free market. we do this as a car insurance. as a woman i have lower rates. i don't have he is the toss troenl and i'm more passive behind the wheel. so we do that already. we do it with other differentials as well. this already happens and we see the prices as we have, go down.
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>> i want to turn camera back to that wall. the content of sherrod brown's tweets and the 91 pre-existing conditions. and the problem is this. >> there is no free market. if i have this list of stuff, if i have a box i have, my cost will go up. and i will make a choice. explain to me how we are going to get there. you said we don't want a socialistic health care system. most do. they have better outcomes and charge less. >> australia has a hybrid system. they have a base package and then insurance on top of that. you have to understand how health insurance works in this country. bottom line, everybody has to be in it and it has to work for
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everybody by having everybody pay. it almost doesn't matter how you get there. >> different countries had use different ways but we have to have in it there. 10 million people signing up under obamacare, that's a lot of people sflt it 20 s? no. should it have been 30 million? maybe. a lot of those people won't have insurance if this passes next year. >> i want to differentiate between it on paper. the difference with the socialized countries is a two tiered system where you have the elite of the elite and then everyone else. >> that's not the case in the u. sxrks canada. the. >> it is very -- >> the cost is a fraction. there is no country in the world that pays as much per personal. 9,700 per person. >> we're also the fattest
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country. we don't focus on prevention. >> doesn't the doctor, doesn't it show if we go to a doctor for a regular basis, they'll singled for mammograms, they'll tell you you're too fat and you're going to get diabetes and heart disease. >> so we all know about the medicaid study that shows people who had medicaid versus those who didn't. this was the gold study many oregon which was very perfectly set up in terms of the correlations. there was no difference between having medicaid and not. smoking, lifestyle choices. these are things that our culture we know. as human being, you don't need doctor to tell you don't be obese. i think these are common sense things that the trump voters are motivated. neutral zone government
quote
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reimbursement but the freer we can make it, the lower the cost. >> donald trump has been tweeting about australian health care. of course australians have better health care than we do. everybody does. obamacare is dead but our health care will soon be great. >> my fear is the change we saw yesterday, it is not a law yet. it is not going in the direction of getting our health care better. >> health care reform, obamacare, you and i have been talking about it a long time. there are structural problems with it. people so against it. the premiums have skyrocketed. they can get insurance in their home town. they can't see the doctor they want to see. they can't go to the hospitals they want to go to. blowing it up and kicking all these people out of their plans isn't a good solution. i want to say one more thing
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about these high risk. people don't remember what they were. >> what we had before obamacare. half the states, it could be less, closed their high risk pools. they were not accepting any more members. they were bankrupt. people couldn't get into they will. it was a disaster. >> lots to talk about but we'll have to come back and do it again. thank you to both of you. i'm going to have to watch my weight after that one. coming up next, the impact. house gop impact on states. i'll talk to charlie crist. when a fire destroyed the living room. we were able to replace everything in it. liberty did what? liberty mutual paid to replace all of our property that was damaged. and we didn't have to touch our savings. yeah, our insurance won't do that. well, there goes my boat.
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the gop health care bill is one step closer to being the law of the land. it is time to take a look at a key provision. the high stakes rules. in theory people with pre-existing conditions would be quarantined off from healthy people. the government would then subsidized some of the increased cost being insured in a high risk pool. it is not a perfect plan. for starters, the government has $8 billion set aside for people who pay more because they have a pre-existing condition for five years. even if writ properly funded and no one thinks it is, there are questions whether or not the system actually works. we just touched on that with
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andrew reuben in my last segment. here's a plan who can help me get into it a little more. charlie crist from florida. he was a governor in florida that did have a high risk pool. you're coming at this from a unique position. your state used high risk pools. in 2011, 0.02% of floridians not enrolled in a group market like i am because i work for somebody were part of a high risk pool. that seems like a very low number. >> i think it is a low number because who wantso be in a high risk pool? what we have now is working. it is not perfect as you just discussed in the last segment. what we have under the affordable care act, and you're right. it is important to the point out. a lot of people are frightened about this bill. it is not yet a law. that's why it is so important to communicate with your u.s. senators and encourage them to
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slow this thing down. to be more thoughtful. to be more considerate. to be more kind to people. this is really about people and not about the politics of the issue. and i think we need to focus on that. how this impacts people in a real way is what is so important and why i voted against it. take we will, for example. planned parenthood would be zeroed out in the first year. that's terrible for women. not the just the choice issue, i am pro-choice, but it provides for cancer screenings or mammograms and things of that nature. and number two. how it affects senior citizens. under this new bill, as i'm sure you're aware, can be charged five times as much as others. this is cruel and unusual.
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the part bothers me the most is how it treats the poor and the disabled in our society. medicaid. it cuts over $800 billion out of medicaid for poornd disabled people in our sie and i'm going to get a little biblical with you on this. a friend of mine called me, the first time we were voting on this about three weeks ago. and he said i've been thinking about you and the vote you're going to have to take later today, meaning three weeks ago. and he said it made me think of the book of matthew. if you can get on the floor of the house, i think you should say this. he said this is the quote. and jesus was the one who said it. if, whatever you do to the least of my brothers, you are doing to me. meaning christ himself. in other words, if you're going to be that cruel to poor people and disabled people under this law, whacking them and taking them out of health care nch could, that you're doing it to him. >> let me take you back to this
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point. the reason so few people signed up for the high risk pool this florida, if you're forced into it, your rates are that much higher. fundamentally people drop their health insurance. you're right. and maybe that's the effect they're looking for. you get the sense they don't want to cover sick people or poor people. which is crazy. if you're going to have health coverage you need health coverage for people who need health coverage. this is about doing what's right for people in a time of need. the i called obamacare out of respect. no other president was able to do it but him and he deserves the credit for having done so. i know what the house and the senate. >> i'm putting up a map.
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in 2011, 35 states used some variation of this high risk pool method. for my audience, throws the states on yellow states with high risk pools kons sfwoogs 2%. nongroup is if you're not part of a company or you're not part of a group policy. an individual policy. in florida it was much lower. >> is there any reason why, if states elect to take this waiver, they don't to have cover everybody with pre-existing conditions, that the numbers would be better now than in 2011 or before that? >> i can't imagine any scenario under which they would be. what will happen is these people will be without coverage altogether. they won't be able to afford it. they create a high risk pool. they won't have coverage. they're going to get sick and
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some will pass away. that's the reality. that's why it is hard for me to comprehend how anybody could have written this bill, how anyone could support it, let alone be able to vote for it. it is unconscionable, cruel. it is a merciless piece of legislation. i was governor, now a congressman, i've never seen a piece of legislation that is more cruel to average people across the country than this one. that's why i can't believe it passed yesterday. that's why i'm hopeful, i'm anment on mist, that our friends in the united states senate will do the right thing. they're sending the right gns. they'll take their time and slow down and start to their own bill. >> congressman charlie crist, formerly the governor of florida. coming up after the break, north korea takes on the cia with a harsh accusation. what they think our intelligence agency was plotting to do.
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but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief. and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. tell your doctor if you've been to areas where certain fungal infections are common, and if you've had tb, hepatitis b, are prone to infections, or have flu-like symptoms or sores. don't start humira if you have an infection. if you're still just managing your symptoms, talk with your gastroenterologist about humira. with humira, remission is possible.
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angela reed was the second african-american to held to chief usher role shelf started in 2011 under president obama. the chief usher works closely with the first family. she oversees the activities in the residence. only nine people have held that job. north korea is accusing the south korean spy agencies of attempting to assassinate leader kim jong-un using chemical weapons. they said it would destroy the terrorists for targeting its leadership. and the owner of the pulse nightclub in orlando announced plans to turn it into a memorial and a museum honoring the victims of the 2016 attack. the nightclub is the site of the deadliest shooting in u.s. story. it was june 12, when omar mateen called 911, pledged his allegiance to isis and then opened fire, killing 49 people and injuring dozens more. coming up next, the senate prepares to take it on.
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how at the last minute did it get through house and is it truly facing an uphill battle in the senate? does nobody like the future? c'mon, the future. he obviously doesn't know intel is helping power autonomous cars and the 5g network they connect to. with this, won't happen in the future. thanks, jim. there's some napkins in the glovebox. okay, but why would i need a napkin? you could have just told me a bump was coming. we know the future. because we're building it. ♪ everything your family touches sticks with them. make sure the germs they bring home don't stick around. use clorox disinfecting products. because no one kills germs better than clorox.
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with e*trade you see things your way. you have access to the right information at the right moment. and when you filter out the noise, it's easy to turn your vision into action. it's your trade. e*trade. before fibromyalgia, i was a doer. i was active. then the chronic, widespread pain drained my energy. my doctor said moving more helps ease fibromyalgia pain. she also prescribed lyrica. fibromyalgia is thought to be the result of overactive nerves. lyrica is believed to calm these nerves. woman: for some, lyrica can significantly relieve fibromyalgia pain and improve function,
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so i feel better. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior. or swelling, trouble breathing, rash, hives, blisters, muscle pain with fever, tired feeling, or blurry vision. common side effects are dizziness, sleepiness, weight gain and swelling of hands, legs and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. those who have had a drug or alcohol problem may be more likely to misuse lyrica. with less pain, i can be more active. ask your doctor about lyrica. there are two major criticisms of the president's new health care, the what and the how. there is always second discussion, the how. as in how this bill was thought up, debated and passed in the
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u.s. house of representatives. thanks to both of you. the heritage foundation has been studying health care in america and around the world for decades. this bill got passed before some people had a chance to look at it. let alone have it scored by the cbo. it just fundamentally affects legitimacy of this legislation. >> i think there's some validity of this. keep in mind it was scored initially and then it was aed mended slightly and then it was passed. so there is some score to it already. >> let me show you something that senator jeff merckly tweeted out earlier. it is a for and against trump care. for the rich and a list of health organizations. the american medical association, doctors, nurses, all of that.
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whether or not you believe that, there is an issue. in there were no hearings no, consultation with those major groups. how does that affect legitimacy? >> could you interpret it a few different ways. one reason they might have tried jam this through without testimony, without meetings, without a cbo score, without the text being available for 24 hours, could be the outcomes of those metrics might not be so 5able for the bill's passage. if you look at the previous version of the legislation, the metrics looked pretty bad in terms of how many people would lose health insurance as well as the overall budgetary cost. perhaps if we had actually had some time to properly evaluate the legislation, everything would look a little worse. what we knew from before was not particularly popular amongst the american public. it seems unlikely that having had more opportunity to digest this information would
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necessarily further endear it. >> as far as organizations go, heritage has been studying this for a long time. were you adequately consulted on this? because lots of people weren't. >> they were basically building a bill in the house of representatives to build a coalition. we were publishing on this and pointing out where they think they needed to go. the core problem is that 25 million americans who got nothing out of obamacare in terms of subsidies but huge premiums. they got huge deductibles and those are the people that frankly, the vote here's twoonltd see something done about it, and we kept pointing out, that's who you've got to focus on. in the end they came around and did some things on those people to provide relief to some of those people. but ultimately, those are two different things you've addressed. dealing with your voters, the people who wanted you to achieve a particular goal and getting a
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better health care bill. and those two didn't seem the marry here. >> it took them a while to get here and that was the compromise. that they would let states get waivers from some of the more expensive and onerous regulations, if the state could, needs to do that to save its insurance markets which is increasingly looking like the case. >> the reason they're losing insurers is because you have these previous plans grandfathered in that take away a lot of lower risk people out of broader pool. >> well, no. it is overregulation. this ads a considerable amount to the premium. >> a lot of others do not agree that analysis. >> a lot of actuaryial analysis done on that. at the end of the day, what you have here is really two groups
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of people. one of the people who got some subsidies under obamacare and got, some of whom got coverage. remember, a lot of those people were already covered. the house bill continues to provide assistance. the bits how many people will or will not have coverage. that cbo score was before the state waivers were permitted. that dhangs entire game. >> it actually may reduce the number of people losing coverage. >> how? >> because remember, this thing is, you're allowing states to have the ability to offer cheaper premiums. >> this is a numbers game. more people may get smaller coverage. healthy fit people will be able
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to buy coverage that doesn't involve maternity care, mental health care, emergency care. so people will be able to buy the tiny little piece of the coverage and we'll count that as a stat. as people being covered. that's not a fair way to look at i, is it? >> particularly since the cbo has said if the coverage is not adequate, it doesn't count as coverage if it doesn't meet some basic bare minimum of coverage. >> which was the problem before the affordable care act. it did establish some minimal level of coverage that insure hers to provide and that made it easier for consumers to make an apples to apples. >> the reality is that drove up the cost coverage, and that as of last october, just before the election, this law was on the cusp of turning from insuring uninsured people into uninsuring
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insured people. that's where the objection to this law is coming from. it is coming from the people who say you've done all these things and you claim it is in my benefit but now you've driven up the cost. >> we have millions more people covered by insurance. >> yes, we do. this is a verifiable fact. >> i've counted the numbers. >> ed, ed. ed, ed, please. i will give you the chance to respond. essential health benefits meant that every merge insured as a result of obamacare were covered for basic minimum that's this doesn't protect. >> you didn't need to do that. the point is the states already have laws on the books about what coverage had to be in there. and the basics were covered. and what it did was it drove tim costs. this is bob's the point. you show up at the airline counter and they say congratulations we've upgraded to you first class. it will be another $500. you say i don't want to be in first class or pay another $fey
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hundred. they say we'll do it for you any way because it's better for you. >> it is an interesting philosophical discussion that i would like to have you both back to continue. thank you for joining us. this conversation is not complete. for those of you who would like to hear it go on, we'll organize it so it can go on longer. coming up, new problems for uber. it is facing a criminal investigation over the use of a software program to evade regulators in areas where uber was banled or restricted. the latest in a string of headaches. was from ethnically. so we sent that sample off to ancestry. my ancestry dna results are that i am 26% nigerian. i am just trying to learn as much as i can about my culture. i put the gele on my head and i looked into the mirror and i was trying not to cry. because it's a hat, but it's like the most important hat i've ev owned. scover the story only your dna can tell. order your kit now at ancestrydna.com.
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guess what, uber's making headlines again, this time the feds are involved. the department of justice is investigating the popular ride-sharing app over its use of a software tool that the department of justice argues they use to track and avoid regulators. uber declined our request for comment, but it did provide us with a copy of the letter it sent to lawyers for the city of portland after it was revealed the technology was being used there. in the letter, uber says it uses it exceedingly sparingly. for more on this, i want to bring in axios editor nicholas johnson. good to see you, nicholas. >> how are you? >> what exactly if you haven't been following this is uber
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accused off accused of having done? i tried to explain plaplain it somebody and lost them. >> on their app, gray ball, fraudulent rides, trying to game the system. some cities like portland, also used that to identify regulators trying to track uber, trying to see they were breaking rules and used the technology to figure out who the regulators are, not give them rides or hide cars from them. that's what's prompted first federal inveigation right now, the justice department is looking at whether that broke any criminal laws. >> all right. put this if tn the greater sche of uber facing a number of public relations setbacks in the last year. hired arianna huffington and others to scrub up their image a little bit. how much of an impact has any of this had on uber? >> right, that's really interesting. we got copies of uber's data. people are still riding in ubers. ridership is still reaching record highs.
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raises interesting things if you think about uber, most people don't deal with people as a company, they deal with uber as a driver. people love the drivers. >> let's -- there is one interesting concept here. that is the largest trend of silicon valley companies who are, you know, they're disrupters, they're doing new things that regulators didn't have rules for. so they sort of seem to think it's okay. it's more okay for them to avoid regulation than let's say a normal utility would. >> right. a lot of these instances -- they're entering markets where there weren't strongly clearly designed rules and can set the rules when they become the first people in that market. what now they ficnd, they grow and become larger, they come under scrutiny. uber is coming under more scrutiny in the united states and around the world,journalist discover things like gray ball, the companies think about how they conduct themselves. >> interesting nion, we want
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to cover them, keep them honest but want disrupters. i have always a trouble getting my head around it. >> fine line. >> thanks, nick johnson, from ax ko axios. the latest job report shows a bump of over 200,000 jobs for the month sending unemployment tumbling to its lowest rate in ten years. aisle going to give you the details behind the numbers when i come back. it's time yofor the "your business" sbrentrepreneurs of t week. breaking up was hard to do but reuniting felt so good. the owners of 5 string in nashville, tennessee, are back together after a two-year break. now that nate's returned, they're growing faster than ever. for more, watch "your business" sunday mornings at 7:30 on msnbc. american express open cards can help you take on a new job, or fill a big order
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you, don't blame obama, don't blame trump, don't give either of them credit. presidents get all together too much blame and too much credit for the jobs numbers. here's the magic. 1 is 211,000 jobs created in april. the unemployment rate down to 4.4%. i always tell people, ignore this mattenumber, it doesn't ma. it isn't as important as this number, the job creation number. 2017, we averaged 185,000 jobs. created per month, this is interesting becausit's exactly the same as the 2016 average. here's where we gain jobs. l leisure and hospitality. this is important, the kind of economy we are, where we generally add jobs. health care added jobs forrer a month for the last ten years. only 37,000 in. this isn't necessarily doctors or nurses. could be home health care aides who don't earn that much money but always jobs created in
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health care. this was stable, construction, manufacturing, retail. retail has been losing a lot of jobs so it's good to see it was a little bit same. important number here, 62.9, workforce participation rate. this should be in the high 60s. some people turned away. they decided they're not getting a job. that's why that number is low. $26.19, average hourly earnings, up 2.5% compared to a year ago. that's good. that shows we're soaking up some of the extra labor. here's a problem, maybe not for all of you, but $46.22 for a barrel of oil. it was under $44 overnight. it's a problem because when it's under sort of $ 55, we don't produce as much oil in the united states. i do want to give you a point of reference, though, going back to 2012, take a look at the price of oil. it dropped down in 2015, much lower about a year ago. we're hanging around this level. oil here, needs to be about here for american oil jobs to be present. i want to make sense of all of this with a guy who knows more about thit than i do, cnbc's brn sullivan joins me. good jobs number, low unemployment rate, cheap oil.
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brian, what did you make of it? >> i lovedour magic wall. fantastic. people used to hold the cards up, see automation taking jobs. here's why it's a better number than it seems which is we saw job growth across all the categories, you went through retail, talked about services. well, mining is what they call oil and gas. >> right. >> that was up. retail was up, ali. it was a broad base jobs number. in fact, it's the first time in i think a couple years where every sector of the economy grew jobs. >> and we're seeing the market up just a little bit. what are we worrying about over the next few days? we've seen health care. we're going figure out what happened there. the for examprench elections ov weekend. >> you said it, the french election, all eyes are going to be france on sunday. the market wants to see emmanuel macron, want to see that victimvy ovvictim v victory over marine le pen.
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the market is in a holding patte pattern. macron has a big lead. we learned somewhere polls don't always get it right. >> we heard that. cnbc's brian sullivan. that does it for me this hour. thank you for watching. look for me on twitter, facebook, on instagram. @alivelshi. n snapchat coun@velshi. i'm steve kornacki. topping our agenda, the jimmy kimmel test. >> i ask, does it pass the jimmy kimmel test? i want it to pass the jimmy kimmel test. >> a late-night host could be a new obstacle for republicans as they try to dismantle obamacare. we'll tell you about that. also on our agenda, the long and winding road. >> president is focused on getting it right, not getting it fast. i think we saw the mistake that the democrats made by trying to force and rush this through. >> republicans have cleared one major hurdle in their quest to replace
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