by we had to shorten it because of this breaking news we hope you'll come back. >> thank you. >> mitch loweounder of netflix. >> thank you. >> you still stand by disney -- he makes a pretty good case, mitch does, apple for netflix. we've seen that in the "journal." >> i do think disney and netflix makes a lot of sense if mr. igor is looking for a success successor, reid hastings from what i can tell, that's as good as it gets taken maybe two missteps during his tenure as netflix at most. otherwise it's been flawless execution. it would make a lot of sense. >> why not just hire him away? >> or that. >> it's not the reason to buy netflix. in fact, what i hear mitch saying, ultimately this is a content company. reid hastings wants to run a content kpcompany, a studio. not a streaming service. not something that has the multiple of a streaming service and software company that's where i get worked up about netflix. not that it's not a great company that changed the world, it is. at what price? >> does apple need somebody? do they twhal have actually hav something or get into the content a lot d

going hollywood not hollywood, florida we're speaking with key names from tinsel down including mitch lowrns and jeffmy pavin. you don't want to miss these interviews shift iing from la la land to armageddon someone might say they're in the same place get to your nearest shelter because ek perts are saying that ab asteroid may come close to earth this come week four stock picks that could destroy your portfolio before the world ends these are stocks just to underscore this, that you want to avoid, tim. >> snap. a lot of people exposed to this asteroid no way >> for me, it's amazon is the asteroid heading for that. >> hasbro has outperformed them. that will continue >> coming up, it's going to be hot with cbw they got a lifeline at the end of may i don't think it's enough. avoid htz. >> that does it for us here on fast see you back here on monday. options anchor starts right after this quick break oughnut. oughnut. right away, it was a success. i mean, it really took off. what people don't know is that it all started with points from my chase ink card. i bought the ingredients, utensils, e

. >>> coming up "fast money" netflix's ceo mitch lowe will weigh in on scripted content more "closing years already since seattle officials approved a minimum wage hike to $15 an hour. it's not having the desired effect on the local economy. kate rogers joins us with those details. kate >> reporter: hi there. the study found the wage increase that was intended to help low-wage workers is instead hurting them kporgt to the date tax the pay hike costs squout weioutweighed by 3-1 the report was conducted by economists at the university of washington, commissioned by the city and published by the national bureau of economic research and has not yet been peer reviewed. it is phased in over several years depending on the size of your business reaching $15 an hour for all businesses by 202 2021 this study looked at the first and second phases of the ordinance, $ 9 to $13 over the past two years, reduced hours' worth in low-wage jobs by 9% as wages increased by 3% across all industries businessowners in seattle have hired more skills and experienced workers in wake of the minimum wage hike to

this president is animating the republican party, and mitch mcconnell is low energy, brother. >> well, i judge it by results. if they pass the repeal and replace of the affordable care act by july 4th, mitch mcconnell will have done his job. but i will give you this, the reason he will have done it because he saw what the reaction was when paul ryan in the house dillydallied around, opened the process up, did all kind of things that were focused on getting it through. we're down to reconciliation, i think we'll have the votes. >> anyone is low energy compared to donald trump. he's one of the highest energy presidents i've seen. he's going to have to get on country and sell this bill, and he doll that. lou: i don't get why anybody thinks mitch mcconnell is going to do much outside of a closed-door room in which a bunch of folks are trying to pull it together. i'll give him his due for that, but this is a time for leadership, and you have two people running each of the houses that is not a leader, is a matter of fact. obstructionists in and of themselves and take this president on the h

it would enact deeper cuts for low income americans. mitch mcconnell will release it tomorrow at 9:30 a.m. during a closed door meeting with only republican senators. most of whom have not seen the bill themselves. even though it has been circulated among washington lobbyists. by monday, senate republicans expect to get a cbo score that will indicate among other things how many americans would lose coverage in exchange for the massive tax cut for the nation's wealthiest households. sometime after that, they plan to vote in an unprecedented time line to remake 1/6 of the economy. the white house says president trump who is about to hold a rally in cedar ram i hads iowa. the gazette won with tens of thousands of iowans worried, now is not the time for a rally. we haven't seen anything resellbling a terrific plan. behind closed doors, the president described the house bill whose passage he celebrated as mean, cold hearted and son of a b. in march the president admitted the house version would hurt his own voterers but argued the senate would fix

it's access to low—cost health insurance. it‘s a bind for mitch together 50 votes to get it pastlj guess it teaches us about the broadchurch of the republican party. exactly. they have been campaigning about repealing 0bamaca re exactly. they have been campaigning about repealing 0bamacare for seven yea rs. about repealing 0bamacare for seven years. but they have come at different angles for what they want to replace it with. it was an easy campaign slogan, but there are things about the law that americans like. they like the fact it gave them lower cost health insurance. they like the fact it capped health—insurance spending over a lifetime and that it allowed you to get coverage for pre—existing conditions. the republicans have tried to keep that in their version of the bill, but it‘s difficult to do that while taking away the tax increase in some of the mandates within the law. help me out with the practicalities. i assume there isn‘t an infinite amount of time for the senate to consider various bills and they will have to choose which ones to

a low-key donald trump, where the president is helping but a bit under the radar, letting mitch mcconnell run this but it's high stakes. i haven't talked to anyone who will say it will pass but they're going to work like heck to get there and they think that if they don't do this, it's a major failure for the party. the house did act, however their process was, however messy and unpopular their bill is, senate republicans feel immense pressure that they have to do something and we've got a recess coming when they'll have some judgment at home. but if they could get it done, they can then move on to some other things that might be more popular to build up momentum for those that are up for re-election and may be vulnerable. >> mitch mcconnell has going for him what house speaker paul ryan had going for him is that every single republican in his caucus campaigned and won their elections saying they were going to do this and to senator roberts' point, they don't love this bill. there is something in this bill for every republican to have a problem with but this is the repeal and replace bill

so, congress is always low but the challenge here really is, the senate, mitch mcconnell has to put hisoot on the gas and bring the senators together to make sure that they do pass health care. otherwise, what is the point? >> martha: ari, are you concerned that they are not on the trump train, so to speak, and the g.o.p. side? they are nervous about the tweets, concerned about that sort of income and not sure if they want to be the one out there on the limb supporting it? >> they should do the opposite. they are nervous, they are worried about the president and the staff and all the noise. but if that is the case, what you need to do is be known for something else. you should be known for doing the peoples business. you should be known for passing laws. if you can get to that company you will make other noise that is better than the noise that is coming out of the white house, and that is where the public would like republicans to be focused on. >> martha: must put one of the president's tweets up there. i want to get your thoughts on them. "the fake msm is working so hard trying to ge

"i'm sorry, mitch, i cannot in good conscience vote to take away life-saving healthcare from low-incomee. what's that? three years later? i'm in!" ( laughter ) but we don't know too much about what will be in the final bill, because all of the negotiations so far have taken place behind closed doors. they even put a sock on the doorknob so no one barges in while they're screwing poor people. ( laughter ) ( applause ) now-- there it is. it's very polite, just polite. >> jon: oh, yeah. >> stephen: okay. to protest the republicans' secrecy, democrats have vowed to slow work in the senate to a crawl. yes, a crawl, down from its current speed of "toddler on benadryl." sounds delicious. i might go for a little bit of that right now. they make a grape flavor that is just amazing. and they're especially mad because back when they were drafting the obamacare bill, the senate debated the measure on the floor for 25 days. but now republicans want to limit debate on their ll to just 20 hours. or about the se amount of time as binge watching the new "twin peaks," except "twin peaks" is less confusin

low income patients. >> i am undecided. i think a few more days to consider would be helpful. >> reporter: but senate majority leader mitch mcconnell wants a vote on the bill before congress leaves for its july 4th holiday. he needs the support of at least 50 of the 52 republican senators. some democrats say they're ready to negotiate. >> if mitch doesn't have the votes, call off this bill now and let's sit down and start working toward repairing the basic concept of what we have in affordable care act. >> reporter: the congressional budget office plans to issue its analysis of the new bill as early as monday. wendy gillette for cbs news. weather, d.c.'s most accurate. >> nice, nice weekend, had those showers overnight friday night to saturday morning and tonight on first alert doppler a couple showers in southwestern p.a. and over towards salisbury, that's it, real quiet out there and starting to cool off once you get away from the bay and away from the city, lower 60s in love et ceteraville, germantown, manassas, mid--- lovettsville, jermantown, manassas, mid-70s in town, lower 70s on the bay. monday morning mid-50s in the shenan

mitch mcconnell is facing his next challenge. the bill would cut and redesign the medicaid program for low income and other as well.t would erase taxes on the higher earners. >> and the cleanup continues this morning after tropical storm cindy hit the gulf coast with heavy rains and winds. during the storm a family in pensacola beach captured a water spout over the o cindy spawned tornadoes in alabama and we here in the d.c. region feeling the remnants of this storm. >> it's friday. that means it's zip trip time. today we're heading out to annapolis. >> beautiful annapolis. due to this morning's rain the fun is going to kick off a little later this morning than usual. >> that's true. tucker barnes, he's out there right now waiting for the -- well, is it raining where you are, tucker? did you bring the sunshine with you. >> all right, here's the deal. good morning, annie, good morning wisdom. i have not only sunshine and an incredibly beautiful sunrise over my shoulder. it's also raining at the at the same time. we're doing a zip trip t looking forward to a big day. a couple hours of rain ahead of us and then it tur

low. just 27% according to fox news. the number even lower in three new polls not garnering support beyond 17%. senate majority leader mitcharned fellow republicans if they can't come together on repeal and replace they will be forced to negotiate with the democrats foix health care. >> i said i would love to help you on health care. i cannot go down the repeal process. can you work with us and be the mr. fix it president and repair it. abc news, washington. >>> a light fixture sold at a popular home improvement store has been recalled because of a hazard for injuries. >> michael finney joins us now. >> the light fixtures were sold by home depot but made by design solutions international. they received 108 complaints from people who say they can detach and fall. they have three four glass color chrome shades. there's one report of lacerations to the head and a burn to the arm. another report of lacerations to the leg. customer should remail the company for a replacement light shade and instructions. united will publish a chart giving the number of miles needed for each type of ticket. it's friday afternoon on a hot summer

probably a low calorie version of the house version but for these four senators, and right now those are enough votes to kill this thing, they are a no of this bill in its current form. mitchcconnell, he takes to the senate floor this morning. now, this comes into the universe right now where anthem healthcare is pulling out of indiana, it's pulling out of wisconsin. those are the home states of vice president mike pence and speaker of the house paul ryan. mcconnell knows this and something right now with all of these insurance companies pulling their obamacare plans, well, he says, the results are going to be catastrophically. >> obamacare isn't working by nearly any measure. it has failed and no amount of 11th hour reality denying or buck passing by democrats is going to change the fact that more americans are going to get hurt unless we do something. >> reporter: and there was a lot of drama attached to all of this today t there were protesters that got into the senate building, the russell senate office building, 43 of them in all. they were arrested by u.s. capitol police, had to literally be dragged out of the building. they are arrested and charged tonight with obst

now mitch mcconnell and paul ryan and donald trump have a case to make to republicans that though his numbers are low, it is not taking the party down yet electorally. >> stand by. we're going to need your help to get through the next couple hours. if you're joining us, karen handel, a close race in georgia in the 6th congressional district. cnn is predicting her the winner against jon ossoff, the democrat. the magic wall now, before we get to reporters, magic wall, john king, take us through the numbers here. what happened? >> take a look. this is georgia's 6th congress did district. 352-48 is the count as we speak. we've called the race for the republican karen handel. this is the district when you look at the entirety of it, i want to show you the district by counties. as a stretch this out, i want to draw a line. the district is in the northern part of these counties here. the northern part of fulton county which contains atlanta but the atlanta is south of the district. cobb county and dekalb county, three counties make up this district. why the karen handel is the winner, number one, start with

senate leader mitch mcconnell is pushing for a speedy vote, but republicans can only lose two votes and still be able to pass the bill. the bill would cut and redesign the medicaid program for low-income and disabled people. it would also erase taxes on higher earners and the medical industry that helped obama's law expand coverage by roughly 20 million americans. right now, rand paul, ted cruz, mike lee, and ron johnson say they can't support the bill in its current form... but they are open to negotiation. ( james ) the white house says they plan to play a role in the discussions. but there will be little time for negotiation because republican leaders want to vote on the bill by the fourth of july. ( james ) president barack obama is speaking out against the senate republican health care bill. he released a statement on facebook saying the senate measure is -- quote --

mitch mcconnell's office. on the senate bill, americans no longer required to have health insurance. they can buy with tax credits based on income. critics say hard hit, low income families but the wealthy receive sizeable tax cuts and cover essential health benefits but it appears coverage for preexisting conditions will continue. >> we'd love to have some democrat support but they're obstructionests. we won't get one, no matter how good it is. >> reporter: trump called the house version of the bill is quote mean, democrats say the house bill is quote meaner. >> this is a nasty bill and they're trying to cover it up with little things here and there. >> reporter: right now republicans do not have the votes. several gop senators, including rand paul, are against the bill. >> the intention is to make the bill better. >> reporter: even if the bill is passes, it's back to the house where it's another fight. >>> covered california executive directorer peter lee issued a statement saying this. at first blush it would not only provide skimpier health coverage than what's offered today but millions would have no coverage at all. >>> a somber funeral service in o

and it says the majority leader mitch mcconnell of kentucky is rewriting his proposal to provide tens of billions more for opiod addiction treatment and assistance to lowo moderate income americans in part with a major policy shift that's already alarmed conservatives to oppose it potentially preserving a 3.8% tax on investment income provided under the a.c.a. that the current draft of the senate bill would repeal. at the same time the republican leader hopes to placate the right by further easing the existing law's insurance mandates and providing higher tax deductions for health care savings accounts. this is what president trump had to say on health care this morning on twitter. if republican senators are unable to pass what they are working on now, they should immediately repeal and then ed a a later date. that seems to be a different strategy from the white house. we'll talk more on the washington journal. then there's this piece in "the wall street journal," operative claiming flynn ties sought emails psms before the 2016 presidential election, a g.o.p. opposition researcher mounted an independent campaign to obtain emails he believes were stolen

mitch mcconnell insists negotiations are making good progress guess e despite the expected -- progress despite the expected failure to meet the self-imposed deadlined to to hammer out a framework. >>> lowge workers in at least two states and five cities will get a raise tomorrow. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they pick up some of what medicare doesn't pay and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand what medicare is all about and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and virtually no referrals needed. there's a range of plans to choose from, too, and they all travel with you anywhere in the country. join the millions who have already enrolled in the only medicare

pulling support for what is now the mitch mcconnell health care bill ranges -- and this is recent polling taken this week, ranges from a high of 27% from a fox news poll to a low12% in a suffolk university poll. joining us now, liz mayer and john hol iman. liz, it doesn't seem as though the president has a hammer. i don't know what else he has, and i just don't see why any republican senator would take him seriously in any conversation. am i missing something? >> i don't think you're entirely missing things, no. my perception of this is, you know, first of all, i think john weaver has a few points that are very well taken here. i don't think he really does have a hammer. but in addition to that, trump is, to be quite blunt about it, he is not regarded as somebody who is in any way shape, care, or form, a health care policy wonk or a policy wonk at all. about all he seems to know about health care is like many big employers, i think he would rather not have to personally deal with the hassle of getting insurance, and for that reasons he seems to have defaulted to single payer health care or socialized medicine. and i think that's probably about as much as he re

if mitch mcconnell wins, the legislation will hurt a lot of americans, especially senior citizens, lowgdren, and it will give a benefit to the more wealthy america because taxes will be dramatically lower. the real cost is the damage to people and the process. alix: when is it necessarily ensured? you had at least five republicans coming up against it, but they all went different things. you have more moderate republicans interested in preserving planned parenthood versus senator rand paul, who is more conservative in the party. tutors mitch mcconnell need to get this done and can he get them over to his side? he needs 50 senators and he will do whatever he needs to get 50. the magic number is 50. pete just needs 50. the problem is nobody is listening to each other and that is the difference between health care today and seven years ago when we passed the aca. back then, started out bipartisan. republicans in congress work together to find the solution. this time, it is starting out very partisan. nobody listens, they are digging their heels in and mitch will do whatever he can to win.

mitch mcconnell is sending various ideas to the congressional budget office for evaluation to rework health care legislation for when lawmakers return after this independence day recess. >> my focus has been on ensuring that low income ohio residents continue to receive care, particularly with the opiate epidemic we have in our state. >> on the other sides, democrats continue to attack the g.o.p. proposal. >> the idea is so backwards, so out of step with what america wants and what actually works, it can never succeed no matter how it is tweaked. one thing my republican friends are latching onto, that they are bill will bring down average premium several years down the line, is really a bait and switch. >> a lot of focus has shifted to july 10th when senators return to see if they can strike a deal on health care reform. >> heather: 218 days off in 2017, wouldn't that be nice? that's what congress has, apparently. not a lot of work getting done. >> jon: with the clock ticking for republicans to strike some kind of a deal, senator rand paul proposes a way to move forward. he says health care could pass if senators split the bill in two. he says president trump seem to agree, take a look. >> what i have come up

senate leader mitch mcconnell is pushing for a speedy vote, but republicans can only lose two votes and still be able to pass the bill. the bill would cut and redesign the medicaid program for lowncome and disabled people. it would also erase taxes on higher earners and the medical industry that helped obama's law expand coverage by roughly 20 million americans. right now, rand paul, ted cruz, mike lee, and ron johnson say they can't support the bill in its current form... but they are open to negotiation. ( james ) the white house says they plan to play a role in the discussions. but there will be little time for negotiation because republican leaders want to vote on the bill by the fourth of july. ( mark ) still ahead on the kron four morning news... the cost of riding bart is about to go up. how much it will cost you if you don't have a clipper card. and later... the s

low or $0 copay. >>> welcome back. you're watching msnbc. it is time for your morning primer. everything you need to know to start your day. we begin with the senate republican health care bill. mitchnell delayed a vote on the bill until after the 4th of july recess after major resistance from lawmakers in his own party. >>> a massive cyberattack is crippling companies around the world holding their computer systems hostage for money. so far numerous airlines, banks and major u.s. pharmaceuticals companies have been hit. >> in venezuela a police helicopter fired degr-- no one killed during the exchange. >>> all train service between philadelphia and washington, d.c. is suspended after an amtrak train hit and killed two railroad employees overnight on the tracks near union station. >>> and in college sports the florida greaters clinched their first baseball national stielt sweeping lsu in the college world series. they're the fifth division one school to win. >>> they're about to open this morning after reacting pretty drastically to news that the senate republicans will delay a vote on health care until after the july 4th recess. the bench mark s&p 500 plunged almost 20 points. not

lows. in asia declines across the board, aukz there. >> top story this half hour senate majority leader mitch mcconnell postponing the vote on gop healther the july 4th recess, deputy white house press secretary says the timeline is not the priority. getting it right is. >> health care first, obviously we are continuing to be optimistic the president is committed he said in all the members of the administration have said repeatedly to repealing and replacing obamacare working with senate working with house making sure we get the best bill for us it has never been about deadline but about getting did best piece of los angeles that helps most americans. maria: you have the gop senators with president at the white house yesterday to talk about the path forward, joining me write now is appropriations and banking committee member, alabama senator richard shelby good to have you on the program thanks so much for joining us. >> thank you, maria. >> will you vote for this bill in current form. >> i would vote nor in it preform i advocated straight out repeal from the beginning, and delay the repeal for a year because that way we could work wit

low income americans. the senate democratic leader chuck schumer blafmented the legislation. senator schumer: in three short years under the senate bill, republicans will kick millions off their medicaid coverage. mark: senate majority leader mitch mcconnell is pushing for a vote next week. but it's not clear if there are much votes to pass it. and senators like rand paul of kentucky are already voicing their opposition. the british home secretary amber rudd told parliament today an independent review will be done into how authorities handle the recent attacks in the u.k. rudd says the assessment will be done to see if lessons can be learned in the wake of attacks in the u.k. and brussels, police have detained four people in raids linked to the failed bombing at the city's central train station. authorities have released few other details. on tuesday, a man blew up a device that failed to fully explode. he was shot dead by soldiers. global news 24 hours a day, powered by more than 2,700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. scarlet? scarlet: thanks so much, mark. coming up, american airlines c.e.o. calling the outreach by qatar airways puzzling. we'll get perspective on the surpris

low income americans ensuring they can have access to health care. particularly with the opioid crisis we have so much of that is paid for by medicaid. >> senate majority leader mitche law makers leave at the end of the week but the senator is saying the real deadline isn't until august 1st. >> never mind what's in the content. thanks joining us is the president of the committee for responsible federal budget good to have you here. >> thank you for having me. >> so your goal is to approve the status of the federal budget, reduce the deficit, balance budges et cetera do you take a philosophical position on health care and health insurance because the way you solve the issue with the deficit and spending really depends on your philosophical viewpoint about how health care should be enacted at all in this country. >> that's a perfect question because a agree with you that your take on the obamacare and replacement, so much reflects varying points of view on the role of government there's those that want health insurance to be subsidized more for more people and provide more coverage there's those on the right, those on the left, those on the right that prefer to have

low income people aren't even going to buy insurance plans because it will be useful for them. david: and he covers health care forest. covers health care for us. capitol complex, awaiting comments from mitch mcconnell. news broke a few moments ago he intends to not hold a vote on the republican health care bill they came up with before the job by -- the july 4 recess. sector sean spicer scheduled hold a daily press briefing on kami -- on camera today. it will do in items here on the agenda today. we were watching before this a conversation with the venture janet yellen in london. anna: it seems that wilbur ross is speaking by video link in germany. janet yellen making a few headlines in her conversation with george nicholas stern regarding a whole host of macro topics. mike mckee still with us on set in new york. anything that's caught your eye? as we gone to the conversation, she does seem to be talking more about inflation and how to doesn't want to avoid making too low inflation ingrained habit is kind of comments. mike: she's finally getting to the good stuff, the things that wall street wanted to hear. she is saying the fed is going to continue its policies, it does not believe the p

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