jonathan gruber, keep doing it and keep running candidates like jon ossoff that are out of touch. s what obamacare is about, rejection of common sense. people like m.i.t. professors like jon gruber know better. >> neil: the one thing i notice here, there's a sudden case of amnesia on the part of those that created this to forget how it was created and the dare criticize republicans. i'm not forgiving one side for the other. but communication is communication. if you did things in secret, don't be surprised if republicans return the favor. nobody creates what is an ideal situation. you cannot forget that this whole thing they're cooking up, that is republicans, is in response to the affairs after what you did. >> that's what representative democracy is. republicans swept the house, senate and the white house that is the power of the people. jonathan gruber is ignores the fact that they reject the bill that he wrote. so i don't know -- i have personal experience with -- i have an obamacare plan. when i shifted from my cushy wall street job, i lost my doctor period. jonathan gruber, y

julia: jonathan gruber. m.i.t. economics professor and a key architect of obamacare.adian lender home capital, and hear what a board member said about the new relationship. from new york. this is blerk. ♪ julia: this is bloomberg markets. i'm julia chatterley. scarlet: and i'm scarlet fu. warren buffett's berkshire hathaway gave a $1.5 billion credit line to home capital of canada agreeing to take a 38% stake in the embattled lender. earlier today on bloomberg markets, home capital board member alan hibban spoke with our joe wiesenthal about how that deal came about. >> we've had a process undergoing for about six weeks. and we've been out there. e announced that we were seeking strategic alternatives. and that process has been pretty robust. both in terms of strategic part flyers as well as financing alternatives and asset sale alternatives. so berkshire hathaway emerged out of that process. and that's how we got together. joe: did the provincial government play any role in bringing you together or was this purely in the private sector realm? >> this was 100% in the

jonathan gruber and douglas holtz, thank you for joining me.you courtesy of john oliver. that's coming up next. thank you so much. thank you! so we're a go? yes! we got a yes! what does that mean for purchasing? purchase. let's do this. got it. book the flights! hai! si! si! ya! ya! ya! what does that mean for us? we can get stuff. what's it mean for shipping? ship the goods. you're a go! you got the green light. that means go! oh, yeah. start saying yes to your company's best ideas. we're gonna hit our launch date! (scream) thank you! goodbye! let us help with money and know-how, so you can get business done. american express open. so you can get business done. "how to win at business." step one: point decisively with the arm of your glasses. abracadabra. the stage is yours. step two: choose la quinta. the only hotel where you can redeem loyalty points for a free night-instantly and win at business. >>> we have got one more thing before we go. it is a good one this time. john oliver, always a good one, this one is particularly good. hbo's john

jonathan gruber has come out and said, it looks like they are not repealing obamacare, and i think that is accurate. we are keeping and boosting , and ies for risk pools think it looks a lot like obamacare. we have to go. the democratic leadership in the senate held a briefing to talk about their objections to the health-care care law replacement bill. it starts with chuck schumer. this is 20 minutes. senator schumer: ok. hi, everybody. sorry we're late. it is not senator murray's fault and it is not senator wyden's fault. make your own deductions. i want to thank them for doing the fabulous job that they are doing. now, when the white house passed their health care bill, a bill that president trump called mean, i thought would it be and it is not senator wyden's -- it would not be possible for the senate republicans to conjure up a bill even worst than that one. unfortunately, that is what they have done. meaner. can you read it? do i have to color it in? senator murray: yeah, you do. [laughter] senator schumer: how's that? meaner. ok, the senate version of trumpcare is even meaner tha

jonathan gruber and lisa boothe respond. >> i've made very clear, i want to get to yes and the way to get there is to fix the underlying problems. lower premiums, and i will happily be part of it. maybe you should've done more research on them. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. liberty mutual insurance. when itrust the brandtburn, doctors trust. nexium 24hr is the number one choice of doctors and pharmacists for their own frequent heartburn. and all day, all night protection. when it comes to heartburn, trust nexium 24hr. more "doing chores for dad" per roll more "earning something you love" per roll bounty is more absorbent, so the roll can last 50% longer... ...than the leading ordinary brand. so you get more "life" per roll. bounty, the quicker picker upper and now try bounty with new despicable me 3 prints. in theaters june 30. >> martha: at long last, seven weeks to be exact, where getting our first look at the secret senate health care bill. here's some of the reaction from a pretty busy day. >> the president

out has its skeletons but obamacare had its skeletons to the premium skyrocketed out of control jonathan gruber saying that we're relying on the stupidity of the american voter to get it passed not be able to keep your doctor if you like them and you want to keep them so i think they're both playing us for fools i don't think it's right left anymore i think it's the politicians versus the people and they're going in circles because if they solve it they won't have anything to run anymore your thoughts well i think the republicans are moving the american people toward medicare for all and what happened in california a week ago is showing where the general public is and they want single payer and so with this nonsense becoming more and more public what the republicans are doing is actually really helping us get to where we want to get to and that single payer from your lips to god's ears for less than twenty four hour with less than twenty four hours to go in the close run of race for the sixth district of georgia an outside group calling itself the principled pac has started airing a wildly offe

insurer for 15 or 20 insurers because we know the choice and competition reduce costs and cbo and jonathan gruber got wrong from the beginning, this would reduce health care costs. it any middle class family, they're going through the roof. >> buying it across state lines doesn't fix it if you don't have any healthy young people getting insurance. >> young people are -- >> we can continue this debate. stott stop calling young people losers. >> they are. they pay the most for obamacare. >> in jest. gentlemen, thank you. i have to go to break. >> i am my own person. >> indeed. both of you are. thank you very much. >>> still to come, rex tillerson urging feuding mideast nations to come to the table as the foreign minister of the nation at the center of all of this qatar visiting washington today. a live report, next. >> a hostile foreign power is trying to actively ensgach gager election process. >> jim sciutto takes you into the investigation. "the russian connection" tonight at 10:00. ♪ so nice, so nice. ♪sweet, sweet st. thomas nice. ♪ so nice, so nice. ♪st. croix full of pure vibes. ♪ so nice, s

jonathan gruber, economics professor of the massachusetts institute of technology.bed as the architect of obamacare. depending which side is saying that. meant as a good thing or not so much. all right, gentlemen. we don't know every detail that's in the republican bill, but some has begun to leak out. jonathan, to you. the senate plan is going to drop the waiver. allowing states to let insurers boost premiums or some people with pre-xrifti ipre-existing cd would be covered as we know. and the end of medicaid expansion slower under the senate version. again, just compared to the house version, does this bill have more heart, as the president would say, jonathan? >> you know, i'm torn this morning. on the one hand, this is no longer an obamacare repeal bill. that's good. on the other hand, this is just a giant cut in medicaid pap that's what this bill amounts to. that's bad. >> huh. >> because delaying -- look, we have a very long future ahead of us. if you delay three years the medicaid cuts, you have the convenient feature which doug knows well, which is cbo scores

in fact one of the architects, jonathan gruber come out saying hooray, looks like they're not really repealing obamacare. i think he is probably accurate. we are keeping subsidies. we're boosting subsidies for stabilization and risk pools. i think it looks a lot like obamacare actually. >> we have to run. we have to go vote. trish: that was senator rand paul talking to reporters there. he is planning to oppose this. he does not like what he has seen thus far with the senate's version of this health care bill. for more, want to go to adam shapiro in washington. there is potentially three of these senator, adam, that want to oppose it. reporter: that's correct. in addition to rand paul, with rand paul there are three others. there are four in general. i want to read you a statement, coming from ted cruz, ron johnson, mike lee, and rand paul. they said, this is the quote, currently for a variety of reasons we're not ready to vote for this bill. here's the key, trish, but we are open to negotiation and obtaining more information before it is brought to the floor. this is a okay, i know w

. >> let's bring in jonathan gruber, professor of economics at m.i.t., key architect of the affordable and rick tyler, republican strategist and msnbc analyst. jonathan, i want to get your reaction to the president's comments right now. they are getting a little more time to make this perfect. >> well, basically, it's so far from perfect i don't know what that means. you just heard the president lie repeatedly. it reduces coverage and makes everyone's health insurance less generous. so once again, let's try to look at the facts here. cbo has a table where they lay out for a wide variety of people what happens to their premiums and what happens to their, what they call, actuarial value. for every single group, either their premiums go up or their generosity goes down. literally, the kaiser family foundation did a calculation, found there was only one group in america who is made better off after you account for tax credits and other things, 18-year-olds in a certain income range are the only people made better off by this. everyone else would pay more either in higher premiums or high o

listen to what one of architects of obamacare, jonathan gruber, told thomas roberts yesterday. >> theif you tell insurers they can't say no to people because they're sick, but you let people wait until they're sick to buy insurance, insurers will go out of business. and this is not some theoretical conjecture. five states tried this. five states tried this experiment. they tried telling insurers you can't discriminate against the sick without the mandate. in every single state, the insurance market collapsed. >> how does this effect premiums? >> so this is a serious problem that obamacare had one of its most unpopular provisions deal with, the individual mandate to buy insurance, which is that if people can buy insurance when they get sick, there's a good chance a lot of people deliberately go without insurance until they need it, and that means only people with expensive conditions maintain insurance at any given moment. that sends premiums flying throughout the roof. states that tried this before obamacare entered what was called a death spiral, where premiums kept going higher and

the one that jonathan gruber helped design. that's what this bill does.rs the people who were formerly on obama's medicaid expansion the opportunity to buy private insurance that's heavily subsidized through tax credits. and that way if their income goes above the poverty line or below the poverty line, they don't have to go to the exchanges and back. they're one provider net work, one group of kepts and clinics that care for them and the quality of care is a lot better as a result. >> the nuts and bolts of this whole thing, i mean, it's oversimplification for sure here, but is cutting medicaid basically the whole idea behind the bill? >> no. so, again, what this bill does is repeals or phases out the expansion of medicaid under obamacare and replaces it with a system of tax credits so those individuals can buy private insurance just like people on the obamacare exchanges can, but at lower cost, with lower premiums and lower deductibles. >> you're targeting folks that are on medicaid with tax credits. where does the line get drawn there? >> right, so righ

joining me now is jonathan gruber, a key architect of the aca, known as obamacare.tor cruz right about this? were premiums going up that high under the current aca, under obamacare? >> here's the basic fact. there's only two truths in life. baseball trues are too slow and health care premiums always go up. >> i thought it was death and taxes? >> no, those are the more important truths. the relevant question is not if health care costs are going to go up. they've always gone up. the question is, what happens to the growth rate? under obamacare, health care premiums have grown at their slowest rate in measured history in the u.s. premiums in the exchanges, everyone's making fun of the exchanges, saying how they're blowing up. in fact, under obama, health care premiums in the exchanges, even when you include last year's big increases, rose 7% a year compared to 12% a year before obamacare passed. obamacare was working, it was bringing health care costs under control, it was getting conch. a . and this republican bill is not good for young people. it's not good for youn

repeal, in fact, it looks like we're keeping a lot of obamacare, even the architect of obamacare, jonathan gruber said, don't worry, we're keeping obamacare. so we think there needs to be more repeal. that's the message i took to him. but also i took a specific list that we're sending to senate leadership, and we're saying, if you address these item, there's a possibility we could vote for this bill, but it's got to look more like repeal and less like we're keeping it. >> woodruff: well, as you know, what the president has said about the house version of the bill, which many people said was tougher than the senate bill, he said it was mean, and he wanted a bill with more heart. so where are we on this? >> you know, i think there are vary use ways you can characterize both republican and democrat proposals. president obama i think wanted what was best for the country, but i think it didn't work well, i think we have the death spiral, and particularly peopleups in the individual market are going through the roof. i think republicans want what's best for the country also, but i think they're not fix

in fact, one of the architects, jonathan gruber, has come out and said, it looks like they're not really repealing obamacare. and i think that's accurate. we're keeping subsidizes, boosting subsidize and i think it looks a lot like obamacare. >> okay. so the number you have on your screen, here it is. four. just in terms of doing the math, so we know that the senate republicans have finally unveiled this -- their version of the health care bill, right, so we saw the house pass this weeks ago. this is what the senate's done today. that number 4 is not good news for the senate majority leader, mitch mcconnell, because he really can only afford two. dana bash, you covered congress for years and years. if they lose to republicans, then the vice president would be that tie breaker to get them over the threshold to get this thing to pass. you have rand paul, ted cruz, ron johnson, mike lee, these four republicans saying no for now. >> exactly. for now is the key. someone like rand paul, i personally, it's hard to imagine him getting to yes. maybe i'll be surprised. but it's hard to imagine, gi

in fact, one of the architects, jonathan gruber, has come out saying 'hooray.looks like they're not really repealing obamacare.' and, i think he's probably accurate. senator ted cruz - the current draft, circulating this morning, doesn't do nearly enough to lower the costs of premiums, but there are a number of common sense reforms that have wide agreement within the republican conference that we can include and i think we should include. as protests continue... various organizations have been weighing in on the health care bill.the aarp is among them....saying the bill would allow insurers to charge older adults up to five times as much as younger adults. and tonight former president obama issued a statement on his facebook page....saying the bill could cause millions of familiesto lose health care coverage. pam and steve? (steve) there is a new court victory for the man who is one of the center pieces to the netflix series "making a murderer" today a federal appeals court upheld a ruling that over-turned brendan dassey's conviction.. dassey confessed to inves

jonathan gruber has come out and said, it looks like they are not repealing obamacare, and i think that is accurate. we are keeping and boosting , and ies for risk pools think it looks a lot like obamacare. we have to go. the democratic leadership in the senate held a briefing to talk about their objections to the hea

jonathan gruber has come out and said, it looks like they are not repealing obamacare, and i think that is accurate. we are keeping and boosting subsidies for risk pools, and i think it looks a lot like obamacare. >> we've got to go. >> the democratic leadership in the senate held a briefing to talk about their objections to the republican health care love replacement bill. it begins with chuck schumer. this is 20 minutes. senator schumer: ok. hi, everybody. sorry we're late. it is not senator murray's fault and it is not senator wyden's fault. make your own deductions. i want to thank them f d

in fact, one of the architects, jonathan gruber has come out and , said, it looks like they are not repealing obamacare, and i think he is probably accurate. we are keeping the subsidies, and boosting the subsidies were stabilization and for risk pools, and i think it looks a lot like obamacare. >> [inaudible]