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tv   The Intelligence Report With Trish Regan  FOX Business  March 24, 2017 2:00pm-3:01pm EDT

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>> thank you, neil. neil: there is no panic selling. down 38 points. >> it's time to move on win or lose. hello, everybody, i'm cheryl casone in for trish regan, and welcome to "the intelligence report." sean spicer just announcing the vote will happen sometime in the 3 p.m. hour, maybe 4 p.m., despite the report that votes, well, just aren't there. speaker paul ryan leaving the white house just moments ago following a meeting lasting just under an hour. he was updating the president on where things are with the bill. we're going to have complete
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coverage throughout the entire hour, throughout the entire afternoon and, of course, we're going to bring you any breaking news from the floor. but first, we do want to bring in peter barnes for the latest on where things stand at this hour. peter? >> reporter: that's right, cheryl. we're about halfway through the four hours of debate on the bill. that debate started just a couple hours ago, the house first got through a critical procedural step earlier today, approving the rules of debate along party lines. six republicans defected on that and voted with the democrats to disapprove it which would have killed consideration of the bill itself at that time. so right now we're watching one by one as we hear from members among the moderates, the so-called freedom caucus, the
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conservatives, to get a handle on how many votes the president and republican leaders have. back of the napkin it look like they can lose maybe ten of these republicans. and if they do, that would sink the bill. ask just an informal -- and just an informal count of people coming out today and announcing where they stand, it looks like at least ten or more republicans will vote no. so this bill is not, it isn't looking good for the legislation at this hour, cheryl. cheryl: all right, peter, thank you very much for that update, especially on the numbers which are crucial right now. they've got to get to 216, and maybe they don't have it. peter, thank you for that. i want to bring in for more reaction fox news contributor karl rove. carl, what do you think -- karl, what do you think? >> well, the actual number's 22 if you take the number of sitting republicans, if they lose 22, they're at 215, and they can't get it done. so it's going to be, you know or or it's a gamble.
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you don't like to call a vote unless you know that you've got the votes, but president trump last night said, you know what? i'm finished negotiating. i've made changes to the freedom caucus, and we've agreed to your demand, and now you come back with more, we're done, we're going to go to a vote. so high stakes poker. cheryl: karl, you spent years in the white house with president bush. did trump make the right move last night? >> well, you know, it's hard to say. you have to give him, first of all, he's a dealmaker and, second of all, he was actually doing the negotiation. remember what happened is the freedom caucus is sort of running around, not being clear on what they want to do. they seemingly get settled on we want language that removes what's called essential benefits, there are a list of ten things every insurance policy has to have. it drives up the cost of insurance, economists say, by between 3-17%. so the administration said, fine, we'll get rid of the essential benefits language, we'll have language that takes it out.
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and the freedom caucus said, okay, now that we got that, we want you to do two more things, we want you to remove the limit -- remove the ability of insurance companyings to -- insurance companies to, they're required to have no limits on how much coverage they give you. if you get a really serious or limit, there's no, quote, lifetime limit. and then they said we want you to get rid of the requirement that people cannot be denied coverage for pre-existing conditions. well, those aren't at the center of the affordable care act. they're not the $700 billion worth of exchanges, they're not the hundreds of billions of medicare expansion, the trillion dollars worth of expansion. they're two very popular things that, frankly, insurance companies have come to deal with, two very popular provisions, so i think the president was right to say, you know what? you keep moving the goalpost. hard to get you to sit down and agree, to suggest what you wanted. now that we've agreed to what you want, you come up with more. we're going to vote. and if it passes, it's going to be that weird chemistry that
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happens in the republican caucus. several members have mentioned to me that there was anincrediba freshman member from florida named brian mast. he's a double amputee war veteran. and he said, you know, you go into combat, and it's never perfect, and you never get everything you want. and it was, apparently, an inspiring talk. we'll see if it has an impact. cheryl: you talked so much about the freedom caucus and the power they seemed to have been wielding, at least until last night. they asked for, of course, like you said, the removal of the ten essential benefits, leave that to the states, and then they got another 15 billion, again, money to go to the states. the freedom caucus, did they make the wrong move last night, and if they did and they realize the stack of cards is now against them, do they take the risk to their constituents and vote yes today? is that a possibility? or are they that hard line? you know them better than i do, karl. >> well, it is possible that some of them will say, you know what? we made the bill better, guest
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go vote for it. it was really weird, apparently last night they not only lifetime limits and pre-existing conditions, but there were some members who said we've got to get rid of that provisioning that allows you to keep your kids on until they're 26 years old. a, insurance companies like it, b, it's very popular, c, it's good for families, and why that suddenly became an issue of controversy for them is beyond me. but all along i've been mystified. one of the leaders was saying, you know what? what i don't like about this bill is that it includes a tax. when you finally explained what it was, it was that under the republican bill they said we're going to keep the provision that says you can't be denied insurance, coverage -- insurance coverage for a pre-existing condition, but we're killing the individual mandate, and we're killing the employer mandate, but what we're going to say is if you're not, if you don't have, quote, continuous to insurance coverage and you show up and say i'm ill and i need
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insurance coverage now, the insurer can charge you up to 30% more for that coverage. and jim jordan of ohio was saying i'm against that, that you shouldn't penalize people who don't have insurance coverage. well, okay, get rid of safe driver discounts then, because it's unfair to the unsafe drivers. get rid of that discount you get on your homeowners' insurance because you've got a fire alarm or smoke detector in your house because it's unfair to people who don't. it was mind-boggling. cheryl: i know, it's mind blowing to the american people as well who have given up on all of this, and you've given such great detail and a really clear picture, so thank you for that. i do want to ask you broader scale, broader picture, what about tax reform? if the freedom caucus doubled down so hard on health care, what about tax reform? that's what the markets care about. right now we're looking at a dow and investors not happy with what they're seeing out of washington. we were on the trump rally. we've maybe pulled off of that
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train if tax reform doesn't happen soon. >> yeah. big problem because our markets have risen in part because the expectation is the republicans will get tax reform done, there'll be a significant corporate tax cut. so these pe ratios that the market has at a relatively historically high would suddenly unsustainable. so if the republicans -- look, if the republicans don't get this done in the house, it's going to damage the, there's going to be discord inside the republican party that may bode badly for tax reform. and then the mindset of some in the house, it's got to be my way or the highway. if it's not exactly perfect the way that i want it to be, i'm voting with nancy pelosi, that could be drawn into the tax reform debate as well. cheryl: all right. well, that's not what investors want to hear. karl rove, thank you very much. really appreciate having you here, sir.
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>> you bet. cheryl: right now there's so much going on in washington, guys. members of the house are, of course, debating the gop's obamacare replacement bill following days of intense negotiation, compromise back and forth, name calling, party leaders working down to the wire, making last minute changes to try to persuade republican holdouts to the stand behind this legislation. but what are some of these changes, and how are they going to impact the lives of everyday americans? gerri willis has the details on that. gerri, you more than anyone else i know knows the ins and outs of this bill. how are you feeling right now? >> there's not a lot of optimism, and what was so funny about watching sean spicer in his daily briefing with the press was that he was just begging them to be more optimistic, but even he sees there are problems ahead. i want you to hear what sean shieser had to say. -- spicer had to say. >> the question is can we get to 216. but make no mistake about it, i mean, the president made it clear last night, this is it. you know, you have an
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opportunity to do what you've told the american people, the commitment that we, the party, have made. but this is your chance to do what we've done. we've listened, we've incorporated, we've updated in every way possible. i don't think -- when you look at legislative efforts, i think the president has given it his all. >> we've gone as far as we're going to go, that's what sean spicer had to say. and i talked to an expert on this kind of maneuvering who told me they thought it was a very brave kind of stake to make here to say, well, we're just going to have this vote anyway. they said win, and you're the man. lose, and you start a new battle, tax reform. and i just want to tell you, cheryl, i spoke with one of my sources who's an expert on how this legislation proceeds, he says it's not easy to get tax reform up because you need a reconciliation bill, he says, to do tax reform. and that requires what a budget resolution, that will be as
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debatable, as up in the air as a what we've had with obamacare here. but the get back to your original question about changes in this bill, and karl rove addressed some of this. first of all, we've got the expansion of surtax. remember, that was originally a part of obamacare. that's nine-tenths of 1%, 0.9% income tax on people earning $200,000 as singles, or $250,000 as joint filers. that goes on for six years under the last iteration of this bill. it is not indexed for inflation, it's going to take in more and more people. and then you mentioned essential health benefits. that's now going to be up to the states. do they want to continue them? which of those do they want to continue? mental, drug, newborn, maternity, some $15 billion at stake there that they've add back into this bill. so it's really been a moving item here, really up in the air what's going to be in this bill. a couple of new things to add, but i've got to tell you, this
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is a tough sell right now, a tough sell. cheryl: it jeopardizes so many other things in the republican agenda, and then the semantics of do we have a gop, senate, house and president that cannot agree and what does that mean for so many other things that we're waiting on. gerri willis, thank you very much. >> most welcome. cheryl: well, republicans, again -- there you go, live pictures. that's elijiah cummings from maryland. they're debating the health care bill right now as a it stands. should it be passed -- he just said, let's not give up -- well, does the bill give too many concessions to moderate republicans, or maybe not enough? if this bill goes down in flames, is health care dead in the water? we're going to debate that. we'll be right back. >> mr. speaker, we must do better. vote no on this bill. donald trump: everybody's got to be covered...
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i am going to take care of everybody... everybody's going to be taken care of much better
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than they're taken care of now. announcer: 20 million americans gained health coverage under the affordable care act... ...including millions of our most vulnerable citizens - children, the disabled and the elderly. now, under some plans in congress, millions of these americans could lose that health coverage. the women and men of america's hospitals urge congress to protect affordable coverage for as many americans as possible. kevin, meet yourkeviner. kevin kevin kevin kevin kevin kevin kevin kevin kevin trusted advice for life. kevin, how's your mom? life well planned. see what a raymond james financial advisor can do for you.
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cheryl: once again, want to show you these live pictures of the house. the debate continues on the gop health care bill. a couple of moments ago i mentioned elijiah cummings was speaking, it was actually john lewis. looks like i need my health care for vision. the repeal and replace of obamacare if it passes, so as the bill stands right now, should it be passed? i want to bring in evan siegfried, the author of gop gps, he served as health care policy director on the romney campaign and, evan, first, the big question here is if they don't have the votes, president trump said last night this is it, he's done, we're moving on. do we have the votes? >> i think we're about two votes either way at this point. cheryl: that close, you think? >> it's very close. by my informal whip count, i've
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got 27 republicans voting no and about 30 on the fence, and that's not where you want to be with less than an hour until a vote on this bill. it's the conservative republicans, the freedom caucus. they want full repeal. they don't like this. you're trading one mandate9 for another. and at the same time, you've got more moderate republicans who are saying, well, you know, i'm not a big fan of shifting the cost to the states and absolving the government of the problem and saying it's all on your back. cheryl: but compromise at the end of the day, i mean, even president trump ended up compromising when it came to interstate competition between insurance companies. that seems to be coming, you know, later in the last version of this bill that we've all read. but it seems to be that this is a short-term fix, and then there's a longer-term plan. isn't that better than not addressing the issues with obamacare that would, indeed, eventually implode the system? >> i think we're at a point where the choice is relatively binary. it's the status quo in obamacare
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versus this vehicle which, look, no one says is perfect. i certainly think there are things that could improved, but there are things that make it worthwhile to support. the reform, for example, of the medicaid program which will, if left unchecked, bankrupt the federal government and many states with it. so the notion that we're having fundamental reform of that, that we're trying to get some reform of the insurance markets -- not as much as everyone would like on the conservative side of the aisle -- but i think there are good steps in this bill forward. and frankly, the alternative is to allow obamacare and the status quo to continue and that, i think, is unacceptable. cheryl: let's look at this, kind of go true and give our -- through and give our viewers because unless you follow the exact tick tock, you're not exactly sure what this bill is anymore if you look at it. as it stands right now what's being debated, it eliminates obamacare fines and subsidies, many applauding that, a 30% penalty for lapsed coverage -- i want to get your take on that one, evan -- and tax credits
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based on age, in the income. a sliding scale, if you will. but the 30% penalty, some say that is too harsh, evan. >> it is a little harsh. i think that the penalty really isn't that enforceable because it's a 30% penalty paid to the insurance companies themselves, not to the government. and i i think that there is no incentive. if you say i'm not going to have coverage, there's no incentive to really go and get coverage because you're going to be paying more as a result of that. i think there are other things. lonnie described this as far from perfect, and that's true, but it's a big dumpster fire of a bill because it was not thought out, it didn't include the president's key signatures that he campaigned on such as eliminating state lines -- cheryl: yeah. that's something i feel like i've been saying for years. >> in addition, there's the hippocratic oath which says do no harm. this bill harms many of the people president trump is trying to help such as in appalachia where there's an opioid epidemic. cheryl: they put that back in,
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that $15 billion they agreed to last night -- >> that still allows for the insurance companies to impose caps on coverage. and if you have a drug addiction, which the nih list z z -- lists as a mental illness, they can pull the plug on that. that doesn't help at all. cheryl: i don't know, lonnie, what do you make of the opioid issue? that certainly came into play, because a lot of these congressmen said i cannot go back to my home district and say that opioid addiction funding is gone. and that made them a no. what do you say to that? >> yeah. i mean, look, this bill, first of all, on the lifetime limits and caps, i think that that a lot of that ark architecture frm obamacare will remain, and that's why some conservatives are upset about this. there's a question of whether you can do that through the reconciliation process that the republicans are pursuing. but secondly on the opioid crisis, i would hope that's something where democrats and republicans can work together to bring out legislation to help states in particular hard hit,
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new hampshire, ohio, two states that have had huge problems with the opioid crisis. look, the reality is this, this is what president trump and the republicans in the congress have described as the first step of a multi-step process. i know people are skeptical about the processes as they go forward, but there are some things hopefully they can get democratic support for and move on like interstate purchase of insurance, like the opioid crisis. cheryl cheryl evan and lonnie, thank you so much. there's so many machinations of this bill, certainly, as we follow the changes and now the debate is on. thank you very much, appreciate it. we continue, of course, to monitor the live pictures of the house floor debate. the political stakes for both the president and, of course, for house speaker ryan could not be higher today, and it's the moment of truth for one of the president's biggest campaign promises, repeal and replace. but if the gop can't get this passed, who takes the blame? and will the president's vow to move on regardless mean we're going to see tax reform this year? are we going to see tax reform?
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the investment community wants to know about that in particular. we're going to talk about that coming up next. yes?
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>> we'll see what happens. [inaudible conversations] >> we'll see what happens. cheryl: okay. that was president trump weighing in today on the crucial house vote on his health care plan after giving an ultimatum to house members last night, taking a page straight out of the, well, "the art of the deal," his book. he said pass the bill or obamacare stays, it is time to move on. what are they going to move on to? is it tax reform? that was promised by treasury secretary steven mnuchin to our own neil cavuto, or will today's vote sink the president's agenda going forward? let's bring in blake burman live from the white house with more. we're watching the dow right now, it's been pulling back, and there's a big question about health care's one thing, tax reform, so crucial to wall street, blake. >> reporter: well, and sean spicer was asked about this, if
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this health care vote goes down in the next hour or two, what happens next? well, sean spicer wouldn't, you know, say that they would, you know, it would be the end-all, end-all for health care, but he said, look, this is the moment. this is the moment right now, and after this they do plan on going forward. and part of the plan is tax reform. he says, and it's still a part of their agenda, and it's something that they think they can get done. their preference, of course, would be health care first, tax reform second as they have said for about two to months now, but now this health care bill appears to be in major, major jeopardy. a big shift in tone here, cheryl, at the white house no doubt about it over the last 24, 48 hours. there's been a lot of crisscrossing here throughout d.c.. the house speaker, paul ryan, came from the hill here to the white house, from the white house to the hill went the vice president, mike pence. this is all an effort to try to possibly cobble up some last minute votes. but also potentially to deliver the news of, hey, we just might
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not be -- republicans speaking, the administration speaking -- where they want to be at this point. i asked the white house press secretary a little while ago what was the president's mindset, what was his thinking from last night in which the vote was delayed into this morning saying there will be a vote quite possibly knowing they don't have the votes? spicer telling me this is the moment to get health care done. listen. >> i think that he'd had enough discussions, and it's, it is not about improving the bill anymore. i think he has taken into consideration every member's thoughts and concerns and relayed those to the house. >> reporter: so, cheryl, they are saying this is the moment. the narrative now is the president has laid everything out on the field. remember, they wholeheartedly earlier this week my question embraced him, president trump, as the closer. when they were asked today are you confident you have the votes, it wasn't a yes, we have the votes, it's, yes, we're confident we've done everything
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we needed to up until this point. they are still waiting for the vote, but certainly a different tone here at the white house from earlier this week. cheryl: we're getting reports that fbi director comey had walked into the white house just a short time ago. did you see him? do we know why he's there? >> reporter: i did not personally see him. let me try to give you the lay of the land here. white house behind me, obviously, executive office behind our camera. in between there's a driveway, and that is used for a whole lot of folks as they come to and from the white house. and behind our camera there is a line framedden on people who come into and out of the white house, and our crews spotted james comey, the fbi director, along that entryway going into the white house per our photographers who were watching this. why -- is he here, why might he be here, i asked a white house official about this, and that white house official didn't know anything, so they say.
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if we were to flip the camera -- which we can't because we've got a lot of stuff behind it, you would see a whole lot of cameras trained that way -- cheryl: blake, sorry, we just got the video, and it's very, very quick. we just got the video in from the crew showing fbi director comey entering the white house in that entrance that i know you can't see. that's what -- it's fast, but he's there. he's there. >> reporter: and to be clear, just because he's at the white house doesn't necessarily mean he would be meeting with the president. there are a whole lot of folks that work here, between here and the eob behind my camera, so why he might be here, what the topic might be, he is the director of the fbi, of course, there's the whole russia thing, we don't know. so let's just lay that all out on the line. obviously, you're looking at the video from what our crews caught. cheryl: all right. keep us posted, blake. thank you very much, blake burman live at the white house, of course, a very busy day there. well, the blame game already
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ramping up in anticipation that the republican bill may not pass. a lot of fingers are pointing to hold toouts, freedom caucus members, but what will it take to get them onboard? we're going to ask a former holdout, congressman joe barton, what made him switch from a no vote to a yes. he's next. hey! i just wanted to thank your support team for walking me through my first options trade. we only do it for everyone gary. well, i feel pretty smart. well, we're all about educating people on options strategies. well, don't worry, i won't let this accomplishment go to my head. i'm still the same old gary. wait, you forgot your french dictionary. oh, mucho gracias. get help on options trading with thinkorswim, only at td ameritrade. dearthere's no other way to say this. it's over. i've found a permanent escape from monotony. together, we are perfectly balanced, our senses awake, our hearts racing as one.
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at crowne plaza we know business travel isn't just business. there's this. 'a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. cheryl: well, president trump this morning backing speaker paul ryan, telling reporters if the bill fails, he should keep his job. but will the damage be too great here?
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evan siegfried is back with me, and also joining me eric beech from the great america alliance, radio host chris hahn. evan, you're no fan of this bill, but, you know, you can just see those political ads now across the country: they voted no on repeal and replace, they're not true republicans. get 'em out. midterms coming up. >> let's take a step back here and look at how we got here in the first place. it was because democrats rammed a really bad bill down our throats that is now broken where you're seeing premiums increasing by triple digits. we immediate action, and i think my friend chris is one of the people who democrats should listen to. cheryl: i'm going to have to go to eric. i don't think that's a true characterization of this legislation. not perfect, but, you know, it's -- even obamacare lite, that could make, eric, a moderate happy. they would say, all right, that's at least enough for now, then you go and fix it later.
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it sounds like i'm in 2010, but that's the language i'm hearing lately. >> you have to appreciate at least donald trump's leadership on this. every senator or congressman who's come out of a meeting with him has said he's been open to all suggestions, there's been plenty of capitulations and with regards to paul ryan, at least he's trying to fix a broken policy that's been going on for seven years, and it's been a step in the right direction. if they can't get it right in this time, donald trump has proven he can bring everybody together, we can focus on tax reform, we can still focus on fully repealing this bill and move forward. cheryl: chris, you had -- obviously, the blame game is where we started here, and if this does fail today, it's going to be intense. there was a bloomberg piece that white house staff are already looking to take down paul ryan. the president says he's behind him, but maybe in the back rooms of the white house they're saying, not so fast, paul ryan is going to be the fall guy. what do you think. >> >> i think there's going to be a circular quire firing squad if this goes down today.
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look, i agree there are some things that could make obamacare better, but the thing that's made it most popular is this attempt to repeal it. and i think most americans are seeing that republicans who for the last seven years said give us the opportunity, and we will repeal and replace obamacare, are not living up to their words. and i think that's why the president was kind of smart last night when he said vote on it today, or i'm moving on from it, because he's basically calling the bluff on the republicans in congress who for the last seven years have said give us a republican president, and we'll repeal it. he's given them an opportunity to do it, they're not going to do it, but a lot of damage on both sides, both the president and the house op of representatives, a lot of blame to go around. cheryl: i've got some belated quinnipiac polling right in front of me, and you might be on to something. if your congressperson votes to repeal, you know, votes yes, likelihood of your support, less likely, 46%. to people are saying, not so fast. and then if you also move on and
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look at in this, do you approve of the gop health care plan, 56% say no. 56%. >> right. who knew it would be to is complicated, cheryl? >> that's really bad. it's really bad. when you get -- the more you find out about it, the worse you hate it. and eric's talking about the president's leadership on this? the prime president didn't get f his key issues into this. he also has been going out and attacking people for not voting on it. he attacked the freedom caucus this morning saying they're pro-life hypocrites. that's not how you win over -- [inaudible conversations] the president is also going out -- [inaudible conversations] >> eric, please let me finish. eric, let me finish. what is also a happening and i'm hearing it on wall street, this should have been an easy lay-up of a bill to pass if they had given a good bill. now wall street is panicking because they think so dysfunctional in congress and the white house that they can't even work together to put together a simple bill that tax reform's not going to happen.
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cheryl: eric, i want you to respond, but i don't agree with that, that wall street is panicking. go ahead. >> what other positions? you want to stick with obamacare, the democrats, what is their position? do they want to stay with obamacare, these failing policies where premiums skyrocketed? look, donald trump could have taken the most politically expedient path and just continued with obamacare and let it continue to fail. he's got a reform agenda that includes tax reform. he's already creating jobs. he's handling in the right way, the way a ceo would,ing bringing all the ideas to the table. >> he's a president, not a ceo. people come to the table -- [inaudible conversations] >> he's the ceo of the country. cheryl: chris, go ahead. >> i think democrats would have been with the president if he would have put together a bill that said what he was going to do when he was campaigning, better plans that were more affordable and covered more people. this bill does not do that, and the republicans have had seven years to do it. it's not all on donald trump, it's got to be on the house
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republicans as well who for seven years said they were going to come up with a better solution than obamacare. why weren't they working on it in the hope they would have a republican president to sign it? they've failed. there's a lot of blame to go around both on the president and the congress. cheryl: evan, eric, chris, thank you very much. a spirited debate as we're watching the debate, of course, continue in washington live on our screens, guys. thank you. you've got pundits, politicians pontificating about pros and cons of health care reform ad nauseam, but what do doctors think? is obamacare as it stands, the republican bill or anything else, what's best for doctors and patients? we are going to ask dr. jeanette what she's seeing and hearing from her patient9s and what she thinks of the vote that's about to take place this afternoon. that'sing up next. can i get some help. watch his head. ♪
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cheryl: all right, breaking right now, we are awaiting the house vote on the gop health care bill. if it passes, this new
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legislation will replace a failing obamacare system that over the years has caused premiums to rise and care quality to diminish. and if the gop can follow through with its promise to repeal and replace, the new bill will have a major impact on all of our lives, including america's doctors and patients. joining me now is family and emergency medicine director dr. jeanette meshwat. first, your biggest thought here. what's your biggest fear about what you're seeing today? >> first of all, as a primary care and emergency medicine doctor, i've got to tell you, i see firsthand how vital and how important it is and how meaningful it is for patients and families and individuals to have meaningful, affordable health care. no one in this country should be denied medical care because they can't afford it -- cheryl: do they have it now, in your opinion in. >> some do, some don't. and no one should be forced to go into financial ruin or bankruptcy because of medical care. cheryl: do you think what
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they're proposing might fix that? >> it might. finally, the day has come to salvage us from this imploding health care system, and i do hope the bill passes because the current system is broken, and it needs to be fixed and replaced with a plan that e effectuates the purpose predicated on the idea of a patient-centered health care system. cheryl: one of the things we're not seeing right away, interstate competition for insurance companies, tort reform, debate add nauseam in 2008. delayed but not forgotten on this bill. does that count, in your opinion? >> it does. it matters, it counts, it's very important. we have to look at what the current system is now compared to what they are proposing. right now i can't tell you the negative impact the current system has on my patients. it's literally, cheryl, it's literally life-changing for some of my patients because some of them are delaying seeking medical care. i had a patient the other day, 55-year-old man, he came in with chest painful for a few days
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he's been having chest pains, and i said, why didn't you call 931? why didn't you go to the e.r.? he had a $5-$6,000 deductible, and it was more important to him to feed and house his children and take care of his family and pay the mortgage and buy groceries -- cheryl: was he on the exchange? >> he was. and that's very heartbreaking to me. that, in addition to the delay in seeking medical care, you know, patients are losing their doctors because doctors are no longer in their network, so they lose access to their doctors, and that directly harms the patient/doctor relationship. cheryl: what do you make of this argument, the freedom caucus brought it up last night about the ten essential levels of health care. we heard sean spicer say yesterday a 40 or 50-year-old man does not need maternity care. that's now been pushed down to the states. do you agree or disagree? >> you know what? it's not a one size fits all, and that's exactly right. cheryl: a la carte. >> yeah. it should be customized to your needs.
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i was speaking to a young mom the other day, she has three children, a 5-year-old little boy. her 5-year-old shouldn't be paying the same amount in health care costs as his 36-year-old mom. he needs routine advantaging seens, his mom needs -- vaccines, his mom needs routine pap smears. cheryl: the doctors that are in your group, at your clinics around the country and, actually, i've been to one of your clinics. they're great. what do they say? how do they feel just in general? is it a yes or a no with doctors right now? >> to it's kind of a -- so it's kind of a mixed feeling just as we see in the house of representatives. not everyone has obamacare. some people have, you know, private health care insurance, and some people already have insurance from out of state, and that's why we do need to see these proposed changes of, you know, the markets being able to obtain health care insurance across state lines. but the other thing people are forgetting, you're going to be able to stay on your parents' insurance plan up until 26, you're going to have pre-existing conditions which
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are covered, you're going to be able to put more money into a health savings accounts, get tax credits, there's a lot of good -- cheryl: president trump is the one who put his foot down and said do not touch pre-existing conditions. doctor, thank you very much. good to have a medical perspective, and there's a lot of perspectives and opinions. we watch this debate happening in washington right now. as far as the markets, well, hitting session lows as we wait on the vote on health care. all right, coming up, what it may mean for how quickly congress can take on tax reform. markets really care about that. they are on track, we should say, the week, the largest weeklies losses since election day. there are your markets right now, nasdaq barely in the green, the dow can and the s&p in the negative. we've got the intel on it coming back. thereby problem ♪
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are palin leadership team is -- republican leadership team is preparing to a blame the freedom caucus. republican congressman joe barton, a e freedom caucus member who is a yes vote, is joining me now. thank you for being here. what a day. >> yes, it is. it's both exciting and frightening because we're actually, in all probability, going to have a vote up or down on the first step to repeal and replace obamacare. cheryl: congressman, you were a no, and you just went to a yes. why? >> well, there are three big pillars of obamacare. one the mandates on employees -- on employers and individuals. we repeal those in this bill. the other is what's called the essential benefits requirement at the federal level that a number of so-called essential benefits had to be covered by every insurance plan. the bill as it came out of the committees did not have that in
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it, but it was put in it two days ago, and that's what got me to a yes. i still think we ought to restrict the medicaid expansion states from continuing to expand, but my amendment on that was not made in order. cheryl: okay. so you were willing to at least bargain on that. now, we just saw, we believe that vice president pence is still at the capitol club. did you speak with the vice president? >> i guess it's okay to admit that he came to meet with the freedom caucus. that's, i think, been reported. so, yes, i had, you know, myself and the other freedom caucus members had a very positive exchange with the vice president. cheryl: what did he say? i realize that you already changed your vote to a yes, but what did he say, and did any of your colleagues change their minds in the last few, in the last hour after speaking with the vice president? >> well, those communications within the caucus are privileged and confidential, so i really can't comment on it.
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i can say the vice president was sincere, and his audience was receptive and listened to him very respectfully. cheryl: can you at least tell us maybe the main point that he wanted to get across to the freedom caucus just now? [laughter] >> again, ma'am, i can't really comment. obviously, he wanted us to vote for the bill, that's no secret. he enunciated some reasons why we should or at least could vote for the bill, but he didn't make any threats, and it was all a very positive interchange on both sides. cheryl: congressman, i want to ask you about keystone, just to let you know really quick, i do want to say is there concern among fellow freedom caucus members that if they go back to their constituents and say they've changed their mind, you've just done that, are you worried when you go back for the midterms you're going to get heat for changing your mind on repeal and replace? >> well, again, every member of the freedom caucus, i think, is
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an individual of integrity and character, and they all decide what to do based on what they think is the best interests of the country and of their constituency. as long as you feel good about your vote, i don't think there's going to be a huge backlash one way or the other. you know, i think most, most of my constituent withs at least respect that -- constituents at least respect that i attempt to vote the right way, and i've won 17 elections, so i must be doing something right in that regard. cheryl: you have, congressman barton. unfortunately, we're out of time, but i did want to ask you about keystone, of course, that permit being granted today to start construction today. i know that's good for your district as well, sir. >> yeah. i think that's a very positive thing, it's good for the country and helps the canadians and will help consumers in the united states. cheryl: all right. congressman barton, thank you for your time today. >> thank you. cheryl: well, markets right now, stocks mixed ahead of the obamacare replacement vote. you've got the dow, the s&p and
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the nasdaq, really nasdaq pulling back a little bit, dow and s&p near session lows at this point. wall street remains hopeful that republicans can gather enough support to get the bill through the house. of course, this would improve chances for tax reform later this year. adam shapiro's at the new york stock exchange with more. what are they saying, adam? >> reporter: there are a bunch of sell orders that are getting triggered, literally within the last 15 minutes we dropped about 40 points on the dow, and that vote is coming up at 3:30. what people are paying attention so to is the fact that the administration, sean spicer, the president, they're committed whatever the outcome of this vote are, tax reform. and you and a lot of people realize and know that what's helped propel this market was the promise of tax reform come august. take a look at what's going on. for the week, i mean, at this point this is the worst week for the dow since november 4th. nasdaq since december 30th. but the trump rally continues. we are still up year to date on
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the dow and the s&p 500. some of the losers this week, goldman goldman sachss, jpmorgan, nike, unitedhealth, they're all down. bank of america, charles schwab, capital one financials, they are also down. but i have to tell you, cheryl, literally within the last 15 minutes we have picked up to the downside. we were maybe off 20 points on the dow, we're now off almost 70 points. back to you. cheryl: adam shapiro live on the floor of the new york stock exchange. investors want tax reform. adam, thank you very much. all right, we'll be right back. yes? please repeat the objective. ♪ thrivent mutual funds. managed by humans, not robots. before investing, carefully read and consider fund objectives, risks, charges and expenses in the prospectus at thriventfunds.com.
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>> a couple of news breaking just now, we're just getting word that fbi director comey just left the white house, you're looking at the debate that continues on the house floor. we expect that to be somewhere 3:00, 4:00 p.m. hour. of course we're waiting on that vote on health care. and then markets, really quick, we're at session lows on the dow. the seventh down day if we finish at these levels and at this point it looks like investors really not happy
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with what they're seeing out of washington because if we get a delay on tax reform, that means that that is something that wall street has been looking for, hoping for, and rallying for since president donald trump of course elected back in november. that is it for me. ashley webster in. ashley: it is too early to say that the obamacare repeal is on life support. but might have to pull the plug. you are looking at live house floor, that vote, by the way, could come at any time. we think. speaker ryan briefing the president early this afternoon when it appeared there was still not enough votes to approve the american health care act. at the white house press briefing, press secretary sean spicer said the president is confident that the white house has done every single thing possible to fulfill its promise on health care and that it is still working with paul ryan to pick s

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