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rich edson is on the house side.senate side where our very own liz claman happens to be down there in preparation for her interview later with jack lew. just to recap, actually liz claman is good right now. liz, are you okay? >> let me quickly tell you i'm a little out of breath because i just tore into the building. immediately the police here inside the russell building, the rotunda said, lockdown. pressed the button, every door in the entire building locked. darrell issa from california, would not let him get out. he said he had a vote. they said too bad. rushing to the balcony doing the live show for fox business and my cameraman mike leaning over the edge shooting to be a car that was pummeled by bullets by police. rich gave you more information about that. but apparently several police officers surrounded the car and began shooting at it. i then saw an ambulance come through right down around first and constitution. immediately as we're leaning out the balcony, and mike is continuing to shoot, police came runni
rich edson is on the house side.senate side where our very own liz claman happens to be down there in preparation for her interview later with jack lew. just to recap, actually liz claman is good right now. liz, are you okay? >> let me quickly tell you i'm a little out of breath because i just tore into the building. immediately the police here inside the russell building, the rotunda said, lockdown. pressed the button, every door in the entire building locked. darrell issa from...
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dagen: rich edson oliver has the details. peter: here's the house gop offer, a dazzling increase to november 22nd barring treasury from using any extraordinary measures and requires a budget conference, still have to see if the house is able to pass this thing. democrats say republicans have been blocking a conference negotiations all along so that is the offer republicans will get to the president later today and treasury secretary jack lew refuses to say if the government will service the debt if the u.s. surpasses its debt ceiling. phe treasury's computer systems are programmed to pay all the government's bills, not some. >> we are going to be in a place which is uncharted territory. if anyone thinks it works smoothly -- it would not work smoothly. it would be chaos. we have looked at many options. there have been reports indicating thiigs that have been looked at over the years. no one has had to put this into effect. they are not tested. peter: the government shutdown made the debt ceiling deadline projection less reliab
dagen: rich edson oliver has the details. peter: here's the house gop offer, a dazzling increase to november 22nd barring treasury from using any extraordinary measures and requires a budget conference, still have to see if the house is able to pass this thing. democrats say republicans have been blocking a conference negotiations all along so that is the offer republicans will get to the president later today and treasury secretary jack lew refuses to say if the government will service the...
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rich edson has the latest at the white house.eos meeting with the president right now. we did run into jamie dimon. take a listen. should the president negotiate on the debt ceiling? >> i would love to see solutions that are good for america, good for jobs and good for growth. i am not a politician. i just want to see america grow so people have jobs. rich: the treasury secretary say they have until october 17 to increase the debt ceiling. we really are running out of time. the democrats and republicans will be here to talk. if the president wants to sit on the sideline during the critical debate, he will urge senate democrats to agree to the request. we still have an impasse when it comes to the cr. we really are nowhere near political solution it seems. dennis: seven ongoing investigations have not made jamie dimon shy about talking to you. cheryl: looking at a different story when it comes to the stocks. it could last another two weeks. we have adp today. is the shutdown the least of the worries for investors as they began a n
rich edson has the latest at the white house.eos meeting with the president right now. we did run into jamie dimon. take a listen. should the president negotiate on the debt ceiling? >> i would love to see solutions that are good for america, good for jobs and good for growth. i am not a politician. i just want to see america grow so people have jobs. rich: the treasury secretary say they have until october 17 to increase the debt ceiling. we really are running out of time. the democrats...
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rich edson, thank you very much, sir.arkets are down modestly and turned around to slightly higher. shows you every headline has an impact on the markets. analysts say the big deadline is thursday if the congress fails to raise the debt ceiling that brings us to the twitter question of the day, can d.c. get its act together to avoid default. tweet us at fox business #mkm. the responses are at the bottom of the screen. we have greg valliere and charles payne. greg, to you first, to quote rich edson we're hearing a lot from the democrats. the gop a little quieter. do you get sense we have a deal in the making? not yet, no. i don't think we're there. key thing everyone is forgetting today, hello the house republicans. i'm not sure the house republicans will sign off on this. tracy: david, i'm going to bring my fine governor into this conversation. governor chris christie came out with a statement and he said, you send people down here to run the government, not shut it down. everyone failed. everyone has failed. why do we ke
rich edson, thank you very much, sir.arkets are down modestly and turned around to slightly higher. shows you every headline has an impact on the markets. analysts say the big deadline is thursday if the congress fails to raise the debt ceiling that brings us to the twitter question of the day, can d.c. get its act together to avoid default. tweet us at fox business #mkm. the responses are at the bottom of the screen. we have greg valliere and charles payne. greg, to you first, to quote rich...
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i and a stand you have rich edson on the line. liz: that congressman articulate perfectly well we saw. police in this building in the russell rotunda jumped into action. here is what is happening. very impressive. rich was at the capitol. he was told to hunker down inside and anti closet. >> basically it was get into the first area that you could. everyone had to find the first doorway or run you could eat into, as long as you're not in all. a few weeks ago there was that issue that the navy yard which is not far from here. thinki than any other city in the world especially this complex, what happened in the 90's with to capitol hill police officers being held. when you see all these police officers start to run. there radius, everyone gets inside. we don't have a clue what's going on. reaching across the capitol talking to folks to try to figure out what they're seeing. they're all seeing the same thing, cover of a police officers not letting anyone go anywhere. liz: constitution right behind us. not a single car. we did see a co
i and a stand you have rich edson on the line. liz: that congressman articulate perfectly well we saw. police in this building in the russell rotunda jumped into action. here is what is happening. very impressive. rich was at the capitol. he was told to hunker down inside and anti closet. >> basically it was get into the first area that you could. everyone had to find the first doorway or run you could eat into, as long as you're not in all. a few weeks ago there was that issue that the...
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our own rich edson is in washington.re whether the white house and the democrats were saying that the medical device tax is in, meaning it would be in the discussion or out meaning that it would be out of the discussion or what? >> right. okay. i'm going tt preface everything i say here by saying that sources say they are still negotiating on all this and something that is out right now could be in in 10 minutes. so right now the medical device tax, delaying its implementation is for now not in that deal. meaning the medical defies tax would be implemented in the current framework they're negotiating right now. instead they're discussing another tax. this is one that would beginning in 2014, employ and other sponsors of self-funded health plans and insurance companies offering insured health plan products were subject to a transitional reinsurance fee. they're talking about delaying that right now. and that is currently in the framework. also currently in the framework, it fund the government until january this. there wo
our own rich edson is in washington.re whether the white house and the democrats were saying that the medical device tax is in, meaning it would be in the discussion or out meaning that it would be out of the discussion or what? >> right. okay. i'm going tt preface everything i say here by saying that sources say they are still negotiating on all this and something that is out right now could be in in 10 minutes. so right now the medical device tax, delaying its implementation is for now...
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neil: rich edson come i know you have been going nonstop on us. as soon as herman cain her that a number of congressmen were now off of that, including this, herman cain was getting a little concerned. i don't find any of these developments all that surprising. a lot of these guys might be looking at tough reelection battles in their own respective districts. but and i fought the good fight and i lost, we have to move on from what you say to them? >> au contraire, the game is not over yet. the longer this goes on, this is what we are missing out on. it started off as a broadcasted shutdown and it turns out it is a slowdown. the longer it goes, the more it goes into what we call a smack down and it applies. they are not only negotiating the cr, but negotiating raising the debt ceiling and that is the trump card. >> even now some of these wayward republicans are saying that the numbers are not there, our numbers are falling, their numbers are increasing. i'm talking about the poll numbers. and we are in deep doo doo. >> they should not be managing t
neil: rich edson come i know you have been going nonstop on us. as soon as herman cain her that a number of congressmen were now off of that, including this, herman cain was getting a little concerned. i don't find any of these developments all that surprising. a lot of these guys might be looking at tough reelection battles in their own respective districts. but and i fought the good fight and i lost, we have to move on from what you say to them? >> au contraire, the game is not over...
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rich edson is joining us now from washington, d.c. with the very latest and the details change at every single hour. where are we right now, rich? >> reporter: we've got a little more information here, cheryl. the house will likely vote tomorrow on a vote that raises the debt ceiling to november 22nd and permanently ends treasury's ability to use what it calls extraordinary measures to extend the debt ceiling. remember, we actually hit the debt ceiling back in may, treasury's been using extraordinary measures to extend it to this point. the bill would also require a bipartisan budget negotiation, and house speaker john boehner says he's ready to start negotiating. >> it's time for leadership. it's time for these negotiations and this conversation to begin, and i would hope that the president would look at this as an opportunity. >> reporter: as for whether the white house will accept the republican plan, white house press secretary jay carney indicated the president would. sort of. >> if they continue to talk about ifs and butst as th
rich edson is joining us now from washington, d.c. with the very latest and the details change at every single hour. where are we right now, rich? >> reporter: we've got a little more information here, cheryl. the house will likely vote tomorrow on a vote that raises the debt ceiling to november 22nd and permanently ends treasury's ability to use what it calls extraordinary measures to extend the debt ceiling. remember, we actually hit the debt ceiling back in may, treasury's been using...
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demint, the very latest now rom washington with rich edson on what they're doing.ll yapping on the floor? i see kilobars. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ ññññññ?z?z?çowówóv7 neil: all right. we're going to go live to washington right now or we are told they're moving like crazy. all right. well, maybe not. they're not doing anything right now. you can bet someone this. one of those buildings. trying to do something. i think the you know that they are. all right. to rich edson. nbc with the latest. your work. >> it's an early morning. 930 tomorrow. that is nearly morni. neil: what a they going to do? >> this proposal, this bill that would give federal employees to have been furloughed back pay whenever the government figures and so found. it is something that president obama has signaled he is going to sign. of the dozen bills to fund pieces of the government, the democrats have rejected. this one tomorrow has a chance of actually passing.
demint, the very latest now rom washington with rich edson on what they're doing.ll yapping on the floor? i see kilobars. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ ññññññ?z?z?çowówóv7 neil: all right. we're going to go live to washington right now or we are told they're moving like crazy. all right. well, maybe not. they're not doing anything right now. you can bet...
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cheryl: edison -- rich edson, sorry, i call you edson on e-mail.ate attorneys general are looking at this, and they're saying it's a3 way to defraud the american consumer. what do you make of that? >> well, first off, is there any group of doctors better than upselling you than dentists? you audiocassette walk out -- walk out sometimes with a much larger bill. when you're putting that on a credit card, maybe you're not thinking about it -- >> guys -- i'm interrupting everybody. what on earth does any of this have to do with obamacare? obamacare doesn't cover dental procedures. cheryl: this is also happening in doctor's offices. >> it's happening in doctors offices, but it's -- >> [inaudible conversations] >> we're so worried a that people are going to take on credit cards, and they're going to be ripped off by their dentists. i mean, how about trusting the american people to be smart and savvy? [inaudible conversations] >> what'ssgoing on up there? >> dennis, this isn't being overproductive, this is about goldman sachs putting up the cash for peopl
cheryl: edison -- rich edson, sorry, i call you edson on e-mail.ate attorneys general are looking at this, and they're saying it's a3 way to defraud the american consumer. what do you make of that? >> well, first off, is there any group of doctors better than upselling you than dentists? you audiocassette walk out -- walk out sometimes with a much larger bill. when you're putting that on a credit card, maybe you're not thinking about it -- >> guys -- i'm interrupting everybody. what...
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rich edson is live from capitol hill with the very latest. i guess the big question is, are there enough votes in the house to pass this? >> well, sources are telling us gop aides say after they had a meeting in 3:00 of republican members that they do believe that there are enough votes and it seems likely this will eventually make it through the house. a bit of a road to go between where we are right now and that final passage if it does pass. the senate still has to pass it. we expect that to happen. if one senator stands up and object to this procedure this could really slow things down over the next few days. but we have heard from one suspect we thought it might be slowing this town, senator ted cruz said he will not try to slow this up. this could pass the senate in the next few hours, had over to the house where we expect house republicans and democrats will join together and have enough votes to pass this. as for house republicans, they're all lying on this impending victory is that they defended the spending cuts. the sequester cuts,
rich edson is live from capitol hill with the very latest. i guess the big question is, are there enough votes in the house to pass this? >> well, sources are telling us gop aides say after they had a meeting in 3:00 of republican members that they do believe that there are enough votes and it seems likely this will eventually make it through the house. a bit of a road to go between where we are right now and that final passage if it does pass. the senate still has to pass it. we expect...
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demint, the very latest now rom washington with rich edson on what they're doing.. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ ♪ can you pretend with me ♪ imagine what you'd see ♪ if every child had a book to read ♪ ♪ so the mission is for us ♪ to get a book to each and every child ♪ ♪ reading's fundamental ♪ ♪ so let's join hands, book people unite ♪ ♪ unearth hidden passion ♪ ♪ come on, we'll have a good time ♪ ♪ one book can be the fundamental thing ♪ / ♪ that helps to change a life ♪ book people unite read to a child today and spark a lifetime of ambition. neil: all right. we're going to glive to washington right now or we are told they're moving like crazy. all right. well, maybe not. they're not doing anything right now. you can bet someone this. one of those buildings. trying to do something. i think the you know that they are. all right. to rich edson. nbc with the latest. your work. >> it's an early morning. 930 tomorrow. that is nearly morning. neil: wh
demint, the very latest now rom washington with rich edson on what they're doing.. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ ♪ can you pretend with me ♪ imagine what you'd see ♪ if every child had a book to read ♪ ♪ so the mission is for us ♪ to get a book to each and every child ♪ ♪ reading's fundamental ♪ ♪ so let's join hands, book people unite ♪ ♪ unearth...
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demint, the very latest now rom washington with rich edson on what they're doing.loor? i see kilobars. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... whstudies the peruvian anchovy. invested in the world. bny mellon. customer erin swenson ordebuthey didn't fit.online customer's not happy, i'm not happy. sales go down, i'm not happy. merch comes back, i'm not happy. use ups. they make returns easy. unhappy customer becomes happy customer. then, repeat customer. easy returns, i'm happy. repeat customers, i'm happy. sales go up, i'm happy. i ordered another pair. i'm happy. (both) i'm happy. i'm happy. happy. happy. happy. happy. happy happy. i love logistics. neil: all right. we're going to go live to washington right now o
demint, the very latest now rom washington with rich edson on what they're doing.loor? i see kilobars. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine...
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rich edson at the white house. them were journalists just trying to get onto the website? getting back to the basics. markets leaving politics behind. we have the jobs report for last month out tomorrow morning. connell: happy to hear about tapering again. sandra smith has more in the trade today. sandra. sandra: we will start to hear a lot more about the tapering. the bats on futures have been pricing in. we will see the tapering happening much further out. if you look at oil prices today, oil dipped below $100 a barrel. right now it is just above there. actually, it is reaching that level for the first time since july 3. if we do not see a fed that tapers well into next year, you are looking at a continued weak u.s. dollar. it raises uncertainty levels. this is a crucial time where everybody is starting to talk more about what the fed's next move will. dagen: thank you so much, sandra customers complaining about the new windows operating system. the company will place the update with an apology. let's take a look
rich edson at the white house. them were journalists just trying to get onto the website? getting back to the basics. markets leaving politics behind. we have the jobs report for last month out tomorrow morning. connell: happy to hear about tapering again. sandra smith has more in the trade today. sandra. sandra: we will start to hear a lot more about the tapering. the bats on futures have been pricing in. we will see the tapering happening much further out. if you look at oil prices today, oil...
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demint, the very latest now rom washington with rich edson on what they're doing.l yapping on the floor? i see kilobars. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ bny mellon combines investment management & investmentserv, giving us unique insights which help us atact the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright minds. invested in the world. bny mellon. neil: all right. we're going to go live to washington right now or we are told they're moving like crazy. all right. well, maybe not. they're not doing anything right now. you can bet someone this. one of those buildings. trying to do something. i think the you know that they are. all right. to rich edson. nbc with the latest. your work. >> it's an early morning. 930 tomorrow. that is nearly neil: what a they going to do? >> this proposal, this bill that would give federal employees to have been furloughed back
demint, the very latest now rom washington with rich edson on what they're doing.l yapping on the floor? i see kilobars. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ bny mellon combines investment management & investmentserv, giving us unique insights which help us atact the industry's brightest minds who create powerful strategies for a country's investments which are used to build new...
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demint, the very latest now rom washington with rich edson on what they're doing.pping on the floor? i see kilobars. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ the ocean gets warmer. e peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested in the world. bny mellon. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. customer erin swenson ordebut they didn't fit.line customer's not happy, i'm not happy. sales go down, i'm not happy. merch comes back, i
demint, the very latest now rom washington with rich edson on what they're doing.pping on the floor? i see kilobars. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ the ocean gets warmer. e peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a...
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rich edson joined me for the very latest.rican people are so tired of this. >> you know, it is tough to figure out where this goes if you talk to republicans but what the poll numbers look like what the reaction is. it is only day number one you don't really feel the cumulative effects of the shutdown if you look at the economic effect it could take weeks of the shutdown to really start feeling the effects. how well they buckle? it depends on how that plays out. gerri: how long could last? >> n now republicans are trying a strategy to fund the government and its and pieces but so far senate democrats are holding strong you can find the entire government or none of it and it depends on how well the strategy plays out. gerri: didn't they agree to fund military payroll? everybody agrees on that. no exception. so talking about the end game you say this will last two weeks but at what point do we stt to feel it? in washington your garbage is not picked up. >> now they found a way recently a will get my garbage picked up. [laughter
rich edson joined me for the very latest.rican people are so tired of this. >> you know, it is tough to figure out where this goes if you talk to republicans but what the poll numbers look like what the reaction is. it is only day number one you don't really feel the cumulative effects of the shutdown if you look at the economic effect it could take weeks of the shutdown to really start feeling the effects. how well they buckle? it depends on how that plays out. gerri: how long could...
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demint, the very latest now rom washington with rich edson on what they're doing.he floor? i see kilobars. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ so i can reach ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've l
demint, the very latest now rom washington with rich edson on what they're doing.he floor? i see kilobars. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ so i can reach ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i...
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rich edson in the washington bureau., get with you. >> president getting janet yellen to nominate her as the next chair of the federal reserve. the first woman in the 100-year history of the fed and the president going out of his way to cite her academic credentials which are formidable. she is considered to be a top economist having graded from -- graduated from yale university and worked at harvard university and berkeley. one of the things she is known for fed minutes her forecasting record. take a listen. >> janet is reknown for her good judgment. she sounded the alarm early about the housing bubble, about excesses in the financial sector and about the risk of a major recession. >> but she is considered to be a dove at the fed. someone who is more interested in job creation and less concerned about higher inflation, as a result supporting easy money policies. she has been a big supporter of all the quantitative easing, bond purchase, $85 billion a month. the street, the expectation is among investors that she will co
rich edson in the washington bureau., get with you. >> president getting janet yellen to nominate her as the next chair of the federal reserve. the first woman in the 100-year history of the fed and the president going out of his way to cite her academic credentials which are formidable. she is considered to be a top economist having graded from -- graduated from yale university and worked at harvard university and berkeley. one of the things she is known for fed minutes her forecasting...
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demint, the very latest now rom washington with rich edson on what they're doing.pping on the floor? i see kilobars. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ any last requests mr. baldwin? do you mind grabbing my phone and openg the capital one purchase eraser? i need to redeem some venture miles before my demise. okay. it's easy to erase any recent travel expense i want. just pick that flight right there. mmm hmmm. give it a few taps, and...it's taken care of. this is pretty easy, and i see it works on hotels too. you bet. now if you like that, press the red button on top. ♪ how did he not see that coming? what's in your wallet? ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting h
demint, the very latest now rom washington with rich edson on what they're doing.pping on the floor? i see kilobars. someone must have to put up the color bars. is there a color bars, like, no, sergeant of arms are something, sergeant of color bars? i will stop. ♪ any last requests mr. baldwin? do you mind grabbing my phone and openg the capital one purchase eraser? i need to redeem some venture miles before my demise. okay. it's easy to erase any recent travel expense i want. just pick that...
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i see rich edson -- >> morse code, you know?o of jpmorgan chase came out yesterday, gave more happy talk about this, and this is a concerted effort, from what i understand, part of a cop certed effort by the white house to get the wall street guys to get out there. the more they talk about it, the more pressure they are putting on house republicans, essentially, to cave into any deal. at least that's what's happening now. tomorrow will be a key day. we'll see just how much is being spoken about by the wall street crowd. but, you know, i mean -- cheryl: what do they say to you? what do these guys tell you? >> listen, tear opinion is that -- their opinion is that the 17th which is thursday, right? is a very arbitrary date. they believe that we get through the 17th no problem even though jack lew, the treasury secretary, said that is some sort of hard and fast date where major decisions will have to be made -- jack lew has said he is not going to default on the debt. they believe a more realistic date in terms of when stuff gets ti
i see rich edson -- >> morse code, you know?o of jpmorgan chase came out yesterday, gave more happy talk about this, and this is a concerted effort, from what i understand, part of a cop certed effort by the white house to get the wall street guys to get out there. the more they talk about it, the more pressure they are putting on house republicans, essentially, to cave into any deal. at least that's what's happening now. tomorrow will be a key day. we'll see just how much is being spoken...
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Oct 28, 2013
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adam: rich edson in washington, thank you, lori.ffordable care act rocky rollout to drive our next guest's to call the president's creditability into question, as rich edson was reporting to us. karl rove, former advisor to president george w. bush and fox news contributor. welcome to the show, karl. >> thanks for having me. lori: what is your take here? what is going on with the administration? what is the real story? >> i don't think we know the real story because they keep moving the goalposts and tossing around confusing numbers. for example, late last week they said they had received 700,000 applications for coverage. now that, that leaves the impression that those are 700,000 people who are now enrolled, but we know that, an application is the no the same as enrollment. those applications, we already know there are multiple applications for the same individual. in fact there are multiple applications for the same individual buying the same plan. they have announced that is a problem. how many of that 700,000? lori: right. >> w
adam: rich edson in washington, thank you, lori.ffordable care act rocky rollout to drive our next guest's to call the president's creditability into question, as rich edson was reporting to us. karl rove, former advisor to president george w. bush and fox news contributor. welcome to the show, karl. >> thanks for having me. lori: what is your take here? what is going on with the administration? what is the real story? >> i don't think we know the real story because they keep moving...
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rich edson, thank you very much. with much of the federal government at a stand still, is it too late for a compromise before the next big battle in d.c. what is coming the deal on the debt ceiling. long-time budget watchers, maya ma guineas, john allison, will be here with give us their playbook and how it might be possible for the lawmakers to end the stalemate. liz: also, is the daily deals business on the rise again? we have a fox business exclusive with living social ceo, tim owe o'shaughnessy how his company is trying to stay in the game against a newly revitalized and publicly-traded groupon. ♪ my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dre
rich edson, thank you very much. with much of the federal government at a stand still, is it too late for a compromise before the next big battle in d.c. what is coming the deal on the debt ceiling. long-time budget watchers, maya ma guineas, john allison, will be here with give us their playbook and how it might be possible for the lawmakers to end the stalemate. liz: also, is the daily deals business on the rise again? we have a fox business exclusive with living social ceo, tim owe...
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rich edson with his exclusive reporting. rich: house republicans will present president obama with an offer. if bars treasury from extending that. he is taking nothing off the table. >> it is time for leadership. it is time for negotiations and this conversation to begin. i would hope that the president would look at this as an opportunity. rich: jackboot disagrees. >> i think prioritization is just default by another name. it is just saying that we will default on some of our obligations. by definition, if we do not have enough money, we will be in default on our obligation. rich: he also says it would be difficult to reprogram computers to pay some bills, but not all. lori: we want to go into peter's report. what is the take at the white house? peter: jay carney is in his briefing right now. they have not seen a bill from house republicans just yet. for now, they continue to support and push for a clean increase in the debt ceiling.% a clean continuing budget resolution to reopen the government. the white house continues t
rich edson with his exclusive reporting. rich: house republicans will present president obama with an offer. if bars treasury from extending that. he is taking nothing off the table. >> it is time for leadership. it is time for negotiations and this conversation to begin. i would hope that the president would look at this as an opportunity. rich: jackboot disagrees. >> i think prioritization is just default by another name. it is just saying that we will default on some of our...
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Oct 17, 2013
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rich edson, thanks so much.en more fed up with that news that congress after learning the spending bill approved last night indeed is stuffed with pork? time honored tradition says rich. tweet your answers as we put that very same question to star parker, founder and president of center for urban renewal and education. fox news contributor. former communications advisor to senate majority leader harry reid, penny lee. now president of vin strategies. star, let me begin with you, is this a defeat for the republicans, the tea party in particular, and if we're going to be going through this all again in next 90 days because this is very divided government, what strategy will they choose on that time around? because i would say this strategy was perhaps a losing strategy, would you disdebris? >> i do disagree it was a losing strategy. in fact it was an excellent strategy because what we were able to do get the hearts and minds of the american people to consider why it is that the federal workers that were not here a
rich edson, thanks so much.en more fed up with that news that congress after learning the spending bill approved last night indeed is stuffed with pork? time honored tradition says rich. tweet your answers as we put that very same question to star parker, founder and president of center for urban renewal and education. fox news contributor. former communications advisor to senate majority leader harry reid, penny lee. now president of vin strategies. star, let me begin with you, is this a...
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Oct 15, 2013
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rich edson over to you. i had thought it was constitutionally required that bills have to begin in the house of representatives but the senate is feeling betrayed by the fact that house republicans are starting their own bill. why is that so offensive? >> constitutionally revenue bills must generate in the house of representatives but the senate has discovered a way around that. what they do is you send over a revenue bill, the house does this all the time, any time it passes something it is sent to the senate. the senate can take the language and swap it out with the debt ceiling agreement and send it back to the house. you already have a number of revenue bills on the senate. this could be dealing with minor tax that no one ever heard of and you can swap out the entire guts of that bill and send it back to the house so procedurally there are ways that the u.s. senate can do this and that is the question. the house can send something over today with something known as a message on it and that could help the
rich edson over to you. i had thought it was constitutionally required that bills have to begin in the house of representatives but the senate is feeling betrayed by the fact that house republicans are starting their own bill. why is that so offensive? >> constitutionally revenue bills must generate in the house of representatives but the senate has discovered a way around that. what they do is you send over a revenue bill, the house does this all the time, any time it passes something it...
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neil: amazing, rich, i don't know how you keep up with it, they lost me days ago edson in washington.> republican senator john mccain just telling me that guys like ted cruz are blocking a deal. >> we republicans have to have a plan rather than fool's errand of repeeling obamacare, we can't, we don't have the votes. neil: you say that ted cruz's filibuster of essentially a fool's errand ? >> of course it was. tea party news -- scotty slightly disagrees. >> i will say this, not surprising, coming from senator, who delivered democratic response to senator at the time cruz's filibuster, what is ironic on july 23, senator mccain of last senator to address the senate tea party caucus, he said, i do believe that tea party probably saved america. now he says this? either he is confused or proving a point he just panders to the crowd high stand -- he stands in front of. >> i can understand he is reading the math. thin, the supreme court held it up, activit it was held up in an that val dated it, said that focus should be to hitting it in legislative body, a republican majority in senate, repu
neil: amazing, rich, i don't know how you keep up with it, they lost me days ago edson in washington.> republican senator john mccain just telling me that guys like ted cruz are blocking a deal. >> we republicans have to have a plan rather than fool's errand of repeeling obamacare, we can't, we don't have the votes. neil: you say that ted cruz's filibuster of essentially a fool's errand ? >> of course it was. tea party news -- scotty slightly disagrees. >> i will say this,...
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dagen: rich edson, thank you. connell: the other side of it today, the reports out saying the obama administration knew back in 2010 over three years ago 10,000 people would not be able to keep their health insurance despite promising otherwise. dagen: joining us now. this is coming to a rude awakening for people who are getting dumped by their insurance providers bid they will have to go and potentially without a subsidy by more expensive health insurance. >> well, dagen, this is nothing new. it is widely covered in the fall of 2010 when the new regulations were being rolled out from health and human services. we have to keep in mind 85% of americans who get their health insurance from their employers will be able to keep their plan. this is focus on the individual health care marketplace. which was a mess. connell: there is nothing taken out of that quote. >> 85% of americans get it from their employers. if i was his speechwriter, maybe i would have said let's talk a little bit about the fine print but it is 85%
dagen: rich edson, thank you. connell: the other side of it today, the reports out saying the obama administration knew back in 2010 over three years ago 10,000 people would not be able to keep their health insurance despite promising otherwise. dagen: joining us now. this is coming to a rude awakening for people who are getting dumped by their insurance providers bid they will have to go and potentially without a subsidy by more expensive health insurance. >> well, dagen, this is nothing...
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Oct 23, 2013
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rich edson with the latest. rich: secretary kathleen sebelius will be on hand to meet with the health care executives. she is also traveling to phoenix arizona on saturday to tour a call center and meet with community leaders. that is what the white house is saying. she is not capital him act as final capitol hill to discuss the problems with it. >> repeatedly they were told by numerous the ministry of officials don't worry, everything is fine. we have it under control. now that is simply not the case. >> i will not have this be something that undermines what this administration is for the american people. rich: republicans will talk with a number of the contractors who were paid to set up this website. we are told by the administration kathleen sebelius will be available to testify before congress next week. back you're at the white house another daily briefing for the press secretary. pretty rough going all focused on obamacare's market place website. lori: thank you so much. so the white house using all kinds
rich edson with the latest. rich: secretary kathleen sebelius will be on hand to meet with the health care executives. she is also traveling to phoenix arizona on saturday to tour a call center and meet with community leaders. that is what the white house is saying. she is not capital him act as final capitol hill to discuss the problems with it. >> repeatedly they were told by numerous the ministry of officials don't worry, everything is fine. we have it under control. now that is simply...
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>> now to richard edson something is going on in the house are they just like to talk?ticians, microphones and tv cameras as long as they go down there. >> but there is no movement? >> no, no, no. what we get to bar all over the next several days is funding pieces of the government that you can put it on the house floor what republicans have been passing in the house what democrats say they've want no part of to fund the whole stain. around and around is no to indication they will work out. john: he says iman the moderate republicans even assuming they all vote for a clean the continuing resolution it is not on the part of the democrats for the budget size numbers so even with that we would not make progress? >> he may be right because remember that number is the post sequestered number that democrats want to replace the sequester with tax increases and democrats want to do that so then they have to bump the senate democrats to vote down the clean funding bill it will be a tough vote. >> thank you very much. just a reminder we are live on saturday from 10:00 in the morn
>> now to richard edson something is going on in the house are they just like to talk?ticians, microphones and tv cameras as long as they go down there. >> but there is no movement? >> no, no, no. what we get to bar all over the next several days is funding pieces of the government that you can put it on the house floor what republicans have been passing in the house what democrats say they've want no part of to fund the whole stain. around and around is no to indication they...
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rich edson at the white house with details. hey, rich. >> they're pretty vocal.g nothing. it is just a lot of words. that is actually how congressional testimony usually goes. that's right, ceos were here for about an hour meeting with president obama. they're off to capitol hill and many are off to capitol hill to meet with a number of congressional leaders. from here it was real push among those in the professional community to get together to increase the debt ceiling before the deadline on october 17th. we spoke with lloyd blankfein, goldman sachs ceo after the meeting. we asked what side are you taking here? do you want the president to negotiate or not? he said he refuses to get political. >> this wasn't a conversation about the issues that are underlying the political debate. this was an issue on process and, the democratic process in a way and whether or not this particular resort was an appropriate resort. in other words, this particular threat. >> in saying that was slightly political. the white house is pushing congress to simply increase the debt ceil
rich edson at the white house with details. hey, rich. >> they're pretty vocal.g nothing. it is just a lot of words. that is actually how congressional testimony usually goes. that's right, ceos were here for about an hour meeting with president obama. they're off to capitol hill and many are off to capitol hill to meet with a number of congressional leaders. from here it was real push among those in the professional community to get together to increase the debt ceiling before the...
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we go right to rich edson at the white house. hey, rich. >> hey, tracy.l speak in the briefing room, the schedule says should be coming any minute now although we're not always on time here at the white house. president obama in the briefing room will take a couple questions according to the white house after the president and the speaker were on the phone the speaker and the president, white house and speaker's office both acknowledging they didn't break any new ground here the president stressing that he wants the house to pass a bill that funds the government to raise the debt ceiling. he is willing to negotiate on all the fiscal matters. republicans say those two proposals are their leverage points. so they're not giving them up and get nothing in return. house speaker john boehner, meanwhile and house republicans pushing a new super-committee. you remember this, this committee is made up of democrats and republicans to iron out fiscal issues. that proposal would likely pass the house. that would have to pass the senate to establish anything like that
we go right to rich edson at the white house. hey, rich. >> hey, tracy.l speak in the briefing room, the schedule says should be coming any minute now although we're not always on time here at the white house. president obama in the briefing room will take a couple questions according to the white house after the president and the speaker were on the phone the speaker and the president, white house and speaker's office both acknowledging they didn't break any new ground here the president...
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Oct 25, 2013
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rich edson has details.e first launched, the first few days, as few as three and ten people got through the process. they hope to relaunch and get everything working properly. dennis: we have a little extra time. three out of ten, 30%, that seems like a very high ball number. they had 19 million visits to the website, so 30% of 19 million would be 3 million sign-ups. they say we have only had thousands of people completing the sign-up. rich: this could be 30% of the people who actually applied. three out of ten people for the federal website or three out of ten people for all of the websites. dennis: that lack of specific numbers has been part of the problem. the one thing that kind of strikes me about this, he is by no means a real tech guru. lori: t and i think are looking for management here. they had no one coordinating. there were changes on the management level. when that person. to register online and the completion is what exposed all of these problems. dennis: maybe they should be fired. dennis: mar
rich edson has details.e first launched, the first few days, as few as three and ten people got through the process. they hope to relaunch and get everything working properly. dennis: we have a little extra time. three out of ten, 30%, that seems like a very high ball number. they had 19 million visits to the website, so 30% of 19 million would be 3 million sign-ups. they say we have only had thousands of people completing the sign-up. rich: this could be 30% of the people who actually applied....
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Oct 24, 2013
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rich edson is live with the very latest. rich: a lot of finger-pointing.e get this all the time on capitol hill. the lead contractor on this responsible for the exchanges in 36 states said it had eight technical reviews. the group says that the administration's decision to disable anonymous shopping, in other words, you can go onto the website without putting your name in and personal details, that glitch, that change created all of these problems. at this point, you are still getting tough questions from lawmakers. >> we, too, were ready to process. our first awareness of difficulties was ten-one. we attempted to do key entry. >> you did not test it prior? >> no. no, sir. >> there is also this idea that this administration and contractors scrap the website. rewriting 5 million lines of code. 300 employees working on that would very like leaf lock out if had to rewrite everything. back to you. connell: thank you very much. let's bring in nick selby. a number question. let me start with this idea of anonymous shopping. instead of being able to go in there a
rich edson is live with the very latest. rich: a lot of finger-pointing.e get this all the time on capitol hill. the lead contractor on this responsible for the exchanges in 36 states said it had eight technical reviews. the group says that the administration's decision to disable anonymous shopping, in other words, you can go onto the website without putting your name in and personal details, that glitch, that change created all of these problems. at this point, you are still getting tough...
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Oct 23, 2013
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rich edson.im, the economics of this scheme totally collapse if young people, who are essentially being taxed to pay for insurance for older, sicker americansif they do not sign, that is the big fear; correct? >> we do not know how any people have actually signed up. the folks who are supposed to cross subsidize that are the healthier young people. dagen: even if there were not problems with the rollout of the health exchanges, there are individuals who i have talked to because of the mandate for the type of coverage you have to buy now, their health premiums are going up under this law. maybe they will not buy insurance. maybe they would rather pay the penalty. maybe i will not even have to pay it if you do not catch me. that alone will drive premiums up for other americans. >> dagen, you really identified a part of the program. when you have a situation like this, you have $500 million allegedly being spat on the website. it only costs $150,000 to launch the iphone. now with the insurance execu
rich edson.im, the economics of this scheme totally collapse if young people, who are essentially being taxed to pay for insurance for older, sicker americansif they do not sign, that is the big fear; correct? >> we do not know how any people have actually signed up. the folks who are supposed to cross subsidize that are the healthier young people. dagen: even if there were not problems with the rollout of the health exchanges, there are individuals who i have talked to because of the...
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liz: rich edson, the confirmation process. we know people on both sides of the aisle were absolutely adamant wary summer summers note nominee. they get what they want, but will janet yellen have smooth sailing in the confirmation process? >> i think we look at the dynamics in the senate right now she was confirmed as vice chair before. this is a much higher edition. you are getting republicans saying they want to examine her record, take a look, give her a fair and honest hearing. you will probably likely see enough republicans go over. democrats for the most part absolutely love this choice c can imagine them voting with the president. you only have to pick off six republicans to prevent any kind of a filibuster. liz: i have to ask you about october 17 having been on the inside of the fed and see a moment or two hitting the debt ceiling, how serious should our investors take this if we get closer to october 17? >> in the short run is not much effect. we made the treasury prioritize payments. treasuries will have payment. what
liz: rich edson, the confirmation process. we know people on both sides of the aisle were absolutely adamant wary summer summers note nominee. they get what they want, but will janet yellen have smooth sailing in the confirmation process? >> i think we look at the dynamics in the senate right now she was confirmed as vice chair before. this is a much higher edition. you are getting republicans saying they want to examine her record, take a look, give her a fair and honest hearing. you...
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Oct 14, 2013
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rich edson is following it all in washington. rich, bring us up to see. speed where do we stand right now? >> the top democrat and republican in the senate are negotiating a deal right now. they're trying to work outstanding issues. they haven't finalized deal. everything could be in and out. remember, not everything is set in stone until you agree with a final deal. what the framework is looking like, keep the government open until january this. extend the debt ceiling to february 15. medical device tax, delay in that tax we've been hearing so much is knot part of the deal. there is another reinsurance tax they're looking to delay. unions would like delayed. that would be a centerpiece of this. a lot of moving parts on this right now. they don't have a final deal, adam. they're hopeful that stipe in the next few hours they reach a final agreement. all the uncertainty how you get through the senate in time and over to the house and will the house pass it comes up. back to you. >> rich edson, thank you very much. robert kaplan is still with us. i want to a
rich edson is following it all in washington. rich, bring us up to see. speed where do we stand right now? >> the top democrat and republican in the senate are negotiating a deal right now. they're trying to work outstanding issues. they haven't finalized deal. everything could be in and out. remember, not everything is set in stone until you agree with a final deal. what the framework is looking like, keep the government open until january this. extend the debt ceiling to february 15....
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Oct 31, 2013
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rich edson.meanwhile, if you were watching fox business yesterday, you will be knowing that it has been a roller coaster ride for facebook earnings since they came out after the bell. the company crushed earning estimates, blew away the numbers, it was absolutely wonderful. and then they skyrocketed in the aftermarket session by 15%. but then came crashing back to earth after the company revealed teenagers were fleeing and ad growth was at its limit. let's bring in dennis kneale. what legitimacy is there to this? he wants the key youthful demo. speadennis: 56% sales growth not enough? apparently when you are facebook. popping 15% overnight, wall street likes that earnings report and fold down 3% at one point today, backup 2% now. despite add rivage soaring 66%. mobile racking up 49% of all ad sales from 14% or so a year ago. and this despite posting net income of $400 million compared to a loss last year. facebook rattled analysts when it said the number of ads appearing in members new newsfes po
rich edson.meanwhile, if you were watching fox business yesterday, you will be knowing that it has been a roller coaster ride for facebook earnings since they came out after the bell. the company crushed earning estimates, blew away the numbers, it was absolutely wonderful. and then they skyrocketed in the aftermarket session by 15%. but then came crashing back to earth after the company revealed teenagers were fleeing and ad growth was at its limit. let's bring in dennis kneale. what...
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fox news's rich edson is in washington with the latest. rich, are you with us? melissa, can you hear me? melissa: i sure can. what is the latest? >> there is still a crime scene going on half a block, a block away here. take a look at video. this is absolutely incredible. this is the middle of this car chase. it started 15 blocks to the west of pennsylvania avenue. that is where the treasury department and white house are. capitol police and secret service police say that is the point where the car tried to run the barrier on 15th street, about a block away from the white house on pennsylvania avenue. continued on pennsylvania avenue. you see the police officers drawing their gun. that is in front of the capitol building. the driver, a female, speeds away, drives around the capitol. ends up a block from where we are now. reports are she is dead. a capitol hill police officer was injured in the crash. u.s. capitol police says the injuries are not life-threatening. when they came from the white house, this case came from the white house area down here on capitol h
fox news's rich edson is in washington with the latest. rich, are you with us? melissa, can you hear me? melissa: i sure can. what is the latest? >> there is still a crime scene going on half a block, a block away here. take a look at video. this is absolutely incredible. this is the middle of this car chase. it started 15 blocks to the west of pennsylvania avenue. that is where the treasury department and white house are. capitol police and secret service police say that is the point...
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balada, pop, todavivÍa tiene tiempo en otras ciudades para inscribir a sus hijos recuerde que las edsonbramos halloween, luis miguel, niurka marcos. llevamos a henry santos a vivir una aventura en donde nos confÓ que se trae con mary pily, la pasiÓn llega con joaquÍn cortÉz asÍ que los esperamos muy pronto.e regreso contigo mary. >> besitos ana marÍa tan pronto regresamos ingresamos a una iglesia en donde jura querota una iglesia que proviene el del cielo y es capaz the cure aro enfermedades mortales. >> una bailarina causa escÁndalo alcÓn fes aro que estaba con su amante el capitÁn del crucero justo cuando la nave esta matando a decenas de pasajeros. >> preparado paras ver un nuevo procedimiento estÉti que un bel deja bellas la ross yaeds >> veÁnomo cientos de inmigrantes levant un altar y le piden a todos los muertos que oyan la "reforma migratoria." >> conocerÁn los hijos de que famosos se dieron cita para prepararse para haoween. regresamos con eso y muc mÁs prepararse para haoween. regresamos con eso y muc mÁs al rojo vivo. ¿y puedo cambiarloda seis mes? sí. mientras 50% del aparo
balada, pop, todavivÍa tiene tiempo en otras ciudades para inscribir a sus hijos recuerde que las edsonbramos halloween, luis miguel, niurka marcos. llevamos a henry santos a vivir una aventura en donde nos confÓ que se trae con mary pily, la pasiÓn llega con joaquÍn cortÉz asÍ que los esperamos muy pronto.e regreso contigo mary. >> besitos ana marÍa tan pronto regresamos ingresamos a una iglesia en donde jura querota una iglesia que proviene el del cielo y es capaz the cure aro...
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Oct 30, 2013
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rich edson in the capitol building. kelley moore analysis in a moment but back to that hearing room, congressman phil being free handling the question of kathleen sebelius. let's listen in on that. >> minimum coverage requirements of the affordable care act. the power to determine the criteria for hard exemption, will you provide all these individuals a hardship exemption since the affordable care act has taken away their plant? would you do that? >> no and i think those numbers are far from accurate. 90% of americans who have health insurance will be in a continuous plan. medicare, medicaid. >> it sounds like a hardship. >> thank you, mr. chairman, and thank you madam secretary for being here. thank you for all that you and your staff have done. and thank you because we will make sure that the affordable care act will provide benefits to women and children and medicare beneficiaries and security to those as well as lower costs and of course the biggest complain has been about the application and it will be addressed. b
rich edson in the capitol building. kelley moore analysis in a moment but back to that hearing room, congressman phil being free handling the question of kathleen sebelius. let's listen in on that. >> minimum coverage requirements of the affordable care act. the power to determine the criteria for hard exemption, will you provide all these individuals a hardship exemption since the affordable care act has taken away their plant? would you do that? >> no and i think those numbers are...
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rich edson, thank you very much. good to see. >> rich, thank you so much.ting breaking news on corning after the bell. want to bring this to you now. long-term lcd display glass agreement between corning and samsung has been signed, it has been inked. it will go through 2023. talking about apple with the former ceo. samsung, biggest competitor and threat to apple. corning is saying they have sign an agreement with samsung. this additional $400 million investment in corning by samsung. this is preferred shares. this is redemption of stake. samsung displays investment in convertible shares with companies with aggregate face amount. this is worth about $1.9 billion, this extension through 2023. david: you can see with the stock price after-hours, it is jumping 10% the value of the stock. we'll see if that value remains tomorrow morning. 10% jump in corning share as a result of this news. cheryl: the latest jobs report showing america's job machine is slowing so when will it pick up speed again? we'll find out what you need to know about the labor market and it
rich edson, thank you very much. good to see. >> rich, thank you so much.ting breaking news on corning after the bell. want to bring this to you now. long-term lcd display glass agreement between corning and samsung has been signed, it has been inked. it will go through 2023. talking about apple with the former ceo. samsung, biggest competitor and threat to apple. corning is saying they have sign an agreement with samsung. this additional $400 million investment in corning by samsung....
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david: i'm putting my money on rich edson. liz: me too. david: for all the stories.ell what you viewers did. they put the money on "gravity." this is a killed it at the box office. we'll talk to the ceo of imax entertainment. they're extending their request to keep this movie in the theaters. it has been that successful. what does he think is the next big "gravity"-type hit on the silver screen? david: only three years ago bernie madoff's place was bought for nine million dollars. it is going for about twice that, about $17 million. is it worth it? we report. inside bernie madoff's old lair and you decide. ♪ um... where's mrs. davis? she took an early spring break thanks to her double miles from the capital one venture card. now what was mrs. davis teaching? spelling. that's not a subject, right? i mean, spell check. that's a program. algebra. okay. persons a and b are flying to the bahamas. how fast will they get there? don't you need distance, rate and... no, all it takes is double miles. [ all ] whoa. yeah. [ male announcer ] get away fast with unlimited double mi
david: i'm putting my money on rich edson. liz: me too. david: for all the stories.ell what you viewers did. they put the money on "gravity." this is a killed it at the box office. we'll talk to the ceo of imax entertainment. they're extending their request to keep this movie in the theaters. it has been that successful. what does he think is the next big "gravity"-type hit on the silver screen? david: only three years ago bernie madoff's place was bought for nine million...
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adam: rich edson is in washington for us.worried about the sword of damocles over their head. >> we're awful lot like last week. they continue to fight over whether the fund the government, how to fund the government, about the debt ceiling. we're already talking about. they are even fighting over whether they're negotiateing. >> i talk, repeat, about anything you want to talk about. we're not afraid to negotiate. we're not afraid to make reasonable compromises but once again, the football is moved just like lucy in the peanuts car too toon. >> there is time for politics, there is time for netting down like adults to work things out. republicans are ready and willing to negotiate. we invite senate democrats to join us. >> reporter: so the white house says they will negotiate over the government spending bill to reopen the government. they will also negotiate a number of different things. they want to make sure there is a short-term government spending bill passed first. they also refuse to negotiate over the debt ceiling. rep
adam: rich edson is in washington for us.worried about the sword of damocles over their head. >> we're awful lot like last week. they continue to fight over whether the fund the government, how to fund the government, about the debt ceiling. we're already talking about. they are even fighting over whether they're negotiateing. >> i talk, repeat, about anything you want to talk about. we're not afraid to negotiate. we're not afraid to make reasonable compromises but once again, the...
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adam: rich edson, thank you very much.o lawmakers in action here may cause serious ripple effects in the economy even if they reach a deal bit october 17 deadline. our next guest is dialing back fourth quarter growth estimates. 2.16% to 2.2% which he predicted just last month. nariman behravesh is chief economist at ihs. welcome to you. >> thank you. lori: first i want to get your thoughts on the impending nomination of janet yellen as fed chief. i wonder if we're quick to label her bernanke 2.0. after all she is democrat. what is likely she puts more emphasize silks on the unemployment crisis and maybe allows inflation to creep up more than bernanke would have liked? >> that is the conventional wisdom where some people sort of believe that. i think she will take a very balanced approach. in early 2012 she was part of a subcommittee of the federal reserve that pushed for 2% inflation sort of target. she is pretty ad man about that. her credibility, sewelling she becomes the fed chair, will be at stake in terms of any breac
adam: rich edson, thank you very much.o lawmakers in action here may cause serious ripple effects in the economy even if they reach a deal bit october 17 deadline. our next guest is dialing back fourth quarter growth estimates. 2.16% to 2.2% which he predicted just last month. nariman behravesh is chief economist at ihs. welcome to you. >> thank you. lori: first i want to get your thoughts on the impending nomination of janet yellen as fed chief. i wonder if we're quick to label her...