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tv   MSNBC Live With Ali Velshi  MSNBC  July 28, 2017 12:00pm-1:00pm PDT

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same time same place monday. ali velshi picks things um right now. >> have a great weekend. who saw that coming? for the past two years that's been perhaps the fundamental question in all of politics. think about it. nearly every day any news story orbits around that central theme. who could have predicted the 2016 election where in a field of more than a dozen candidates with last names like bush and clinton an eccentric tv reality star and billionaire would emerge as the winner. donald trump apparently now the voice of the common man. who, who could have foreseen the first few months of the trump administration, plagued with questions about russia with enough palace intrigue to make the kay os of house of cards like boring. and who could have plea dikd that after seven kwlooefrs of saber-rattling, clarm organize for the fiery death of obamacare republicans wouldn't sb able to scrape together enough votes to touch it. well, it happened.
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12 hours later the dust is starting to settle on the latest, possibly most dramatic who saw that coming moment so far. we're just now coming up for air, so in case you were a normal human being asleep at 1:30 a.m., let's recap. a measure that would roll back some of the key provisions of obamacare. republicans could only afford two no votes from the party. senators susan collins and lisa murkowski filled those two slots early on. then with everything on the line it was john the maverick mccain's turn to vote. he made a dramatic return to washington on tuesday. rpgs counted on his all-important vote. >> why don't we try the old way of legislating in the senate? the way our rules and customs enl courage us to act. if this process ends in failure, which seems likely, then let's return to regular order. >> okay. fast-forward to last night.
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the dram at a fever pitch. enter john mccain. there i say on his way to the stage. he told reporters he had decided how he was going to vote but wouldn't tell them his decision. wait for the show, he said. john mccain cast his vote. >> mr. peters. >> complete skpl total she will shock from republicans, democrats alike. a no vote despite a call from the president himself and an in-person appeal seen here from the vice president. at 2:25 a.m. president trump tweeted three republicans and 48 democrats let the are american people down. as i said from the beginning, let obamacare implode. then deal. watch! . so to repeat cap, no repeal and
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replace. who, i ask you, could have seen that coming? we've got this whole situation covered for you this after with the best journalists around. garrett headache is up for us on capitol hill. poor guy, he was up with me all last night on capitol hill as well. kelly o'donnell over at the white house. garrett, let's start with you. what has happened since we last talked? >> reporter:. well, ali, this is starting to sink in for republicans in the house and senate here that this seven-year battle is stalled perhaps irreparably and right now republicans are deeply frustrated. listen to some of the house members we taubd to this morning. >> what happened last night? >> ran out of backbone. just stunned. >> obviously last night was a disappointment in the effort to repeal and replace, but it's not a death nail. >> so is healthcare reform dead, then. >> no, i wouldn't say it's dead, but it's obviously on life support right now. no question, unless the senate does something. >> one of the issues was the president never really laid out
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core principles and didn't sell them to the american people. >> and ali, this afternoon we've heard from some republicans senators, including mike lee, who ultimately voted for this skinny repeal last night, saying he was disappointed but not surprised based on how convoluted and disjointed this entire process will be. now republicans in the senate, if they want to get this done, it's going to be up to them to go back and start from scratch. >> kael o'donnell for us at the white house. kelly, we got that response in the middle of the night from donald trump, early hours the morning, 2:35 a.m. he's now just spoken about it at a gathering of law enforcement official. the president's view is let obamacare implode. is he going to do anything more about it? >> reporter: well, ali, i was with you last night watching, so i was there in solidarity as this all unfold ld. appreciated the coverage to put it all in perspective. what it seems to be coming down to for president trump is an arm's length approach, that he is not of washington, that this
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has been something republicans have been talking about far earlier than he was even in the sort of political conversation. the president is saying they should have been able to do it. they didn't, and so he is going back to kind of claim his own little slice of victory by saying he had earlier predicted that the best answer was to let it implode so that democrats, in his view, would be blamed for it and that republicans could start with something new. to give you a sense of how the president is frame this today, you can look for yourself and get a sense of does he look like a man who is did he jektd over this? here is how he spoke about it a short time ago. >> we need more resources from congress and we're getting them. congress is actually opening up and really doing a job. they should have approved health care last night, but you can't have everything. oi, oh boy. they've been work on the ground that one for seven years. can you believe that? the swamp. but we'll get it done. we're going to get it done.
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you know, i said from the beginning let obamacare implode and then do it. i turned out to be right. let obamacare implode. >> reporter: turned out to be right. that's how president trump is responding to one of the biggest legislative defeats on his watch. talking with officials here, there is a sense that there might be a way to go at this yet again. it might include working with democrats. there is outreach today i'm told to the office of chuck schumer. in that clip that you played showing john mccain voting, i was also drawn to chuck schumer waving his arms very frantically toll discourage those democrats foreign minister reacting to the mccain vote, a win for them. and we saw later how mitch mcconnell said democrats were celebrating. chuck schumer was trying to attach that down. there was so much to see in all of this, and for now the president is seem to take a hands-off approach. >> kelly's point is really important. you and i touched on it last
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night that mitch mcconnell said i bet our colleagues on that side are celebrating and chuck schumer got up and said we're not celebrating. we're relieved. but that is a tight line to walk, because about 3% of the american population has been adversely affected by mcwith premiums that have really gone up. there's a constituency of people out there who don't want to hear that their problems are solved because this bill we want down in defeat. >> yeah. and, you know, i'll so glad you brought up chuck schumer because he talked about this this morning. he try to attach down anything sort of sbreb ra to her and today he held a press conference. thinking of this as moving into the breach, we did not hear from mitch mcconnell today. we did not hear from any prominent republicans bf what they would do next on health care. we heard from chuck schumer. soo chuck schumer is trying to make it so that democrats can be part of the process and sort of maybe set the table for whatever happens next. they don't want to look like they're sobrietying.
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they know that's bad politics. there may be some people who are running for offices down the line who will use this moment to raise money and things like that, but for senate democrats they feel like maybe this is an opportunity to capitalize and start trying to move some of their own ytsds through. of course, none of that that's going to happen unless they can get republican leadership on board. and so far today we've heard nothing suggesting that mitch mcconnell wants to work with democrats. >> all right. kelly, garrett, thanks very much for your analysis as we try and make sense of this first 12 hours after it has all happened. kelly o'donnell at the white house, garrett headache at the capitol. all right. that's the latest from the capitol, but last night's historic developments are sending shock waves far outside of washington. my colleague is in dover fox kroft maine, a toup of 4,000 right there in trump country talking to people who are there. maine is of course the state of senator susan collins, who was one of the three republican no votes last night. morgan, what's the reaction you're hearing in maine?
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>> well, ali, so far every single person i have spoke ep to said they woke up this morning feeling a sense of relief. and that's because the health care issue here in maine, especially here in rural mes is two noeld. it's not only medical but it's also financial. hospitals here are the largest source of jobs. and 23% of this state is on medicaid. it's also an older population, so the people i've spoken to here in this small town of about 4,500 people said when it came to the clash of the their senator and the president, they're glad their senator -- >> they don't know what they're going to do when they're done. there's lots and lots of people that health care and obamacare hasn't been the absolute answer but it's been better than nothing. and for them to just say basically because it says obama on it they want to get rid of it. >> who do you trust more, your senator or the president. >> certainly not the president.
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>> why not? >> because i think that he is too interested in winning and being able to go on some campaign like rally and i look what i did. god lof her, susan collins did the right thing. >> so just across are the street from where i'm standing, al, there's one local hospital for this community and that hospital has already been forced to get rid of their only pediatrician and in the fall they're going to have to get rid of their only psychiatrist. and as you can remember the opioid epidemic has really wiped out certain kmunlts here in the state of maine, so those mental health services are particularly important here. that's why the people here say that in the end they feel like their senator stood up for the people of maine, even perhaps at the expense of her party. >> good to see you. thanks very much. all right. there's another story breaking this hour overseas. the pentagon has just confirmed that north korea launched
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another intercontinental ballistic missile, an icbm into the sea of japan this morning at 10:41 a.m. eastern time. nbc's correspondent hans nichols has been following this story and with each passing 15 minutes has more detail about the capability of this missile and the relevance to us. so, you know, hans, it may be a misnomer that they launched another one. the issue is is this a more capable one? >> it is a more capable one. it knew higher and it knew longer. it was alaft for about 47 minutes. it reached an altitude of almost 4,000 kilometers up in the air. when you tease this aum out, that clearly means the west coast of the united states is in range of this kind of icbm. from denver down to san diego, seattle as well. if you factor into the way the earth rotates, potentially cities in the northeast are in range. boston, new york, maybe not washington. a lot of this analysis is coming from the union of concerned societies that does the
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analysis. he's a physicist. we don't know if it had a pay load in its tip. and that could am effect all of this. just politically and diplomatically what's happening, in the last hour we heard of the chairman of the joint chiefs of staff, general dunn ford spoke with his south korean counterpart and discussed pill terry options. that's remarkable on two levels. remarkable that it happened and b, that they're publicly saying that they're discussing military options. and remember, the latest assessment from accelerates the timeline from when they could potentially hit the u.s. to 2018. ali. >> hans nichols, always great getting this information from you because it really makes it clear as to what we're dealing with. thanks. we'll talk to you a little later. i want to bring in someone who knows the political side of things better than almost anything else. kelly is the former acting assistant secretary for asian and pacific security with the department of defense. kelly, taking what hans said and try to translate that into what
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the appropriate response from a military and a strategy perspective should be from the united states, what do you think? >> yeah. well, i think right now the trump team needs to be demonstrating some pretty nipple bell multi-lateral diplomacy. it's good that general dunn ford is making phone calls. rex tillerson needs to be doing the same with his counterparts. and of course the president of the united states needs to be heavily engaged as well. my concern is that, you know, in a time of crisis like this you have to have some agility. and with the west wing somewhat in turmoil right now, you know, you can't have a west wing in disarray at the same time you have a world in difficulties array t. so it's really important that the team now start looking at the full range of options that they have and how they could potentially sequence diplomacy, sanctions, pressure and military options in a way that's going to produce a result. so far -- >> this is a sophisticated issue, right? this has got in my opinion more complexity to it, more texture than russia and iran because in
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both the cases of russia and iran, there are outcomes that you know the other side actually wants. >> right. >> with kim jong-un what is the likely deterrent? is he deter rabl. >> i think that's a really tough question. i think the united states south korea and japan actually need to be focused on deterrence, nuclear deterrence, but also conventional deterrence. one of the things i worry most about is that the north koreans are going to try to enter into a period of nuclear coercion which mean means essentially because they can hold the united states at risk they'll say we can mess around with the south koreaness now conventionally by doing something along the border or other kinds of military actions. that is really problematic. so i think right now south korea, japan and the united states need to be having new conversation about what collective security could look like, what extended deterrence could look like for all three. an attack on one being an attack on all. >> the president of south korea
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has that he wants to follow a policy that does engage north korea a little bit more. that's not something everybody else is on board with. does that make sense? >> listen, i think engagement has to be on the table as part of the straenl, but i think it needs to come in sequence with the tools of pressure as well. it's interesting that general did you mean ford and his counterpart in south korea are discussing military options. i will caution that the definition of military options can be pretty broad. it can be everything from additional exercises to potentially adding more defensive capability on to the peninsula. so i think people should keep that in mind. it might not necessarily be talking about actually offensive options. but i think engagement has to be on the table at some point. what that looks like and how you generate the conditions foreign gaugement to be successful i think is where the trump team needs to find the formula. >> good to talk to you as always. one day we will talk and it won't be because north korea launched a missile. kelly former special assistant
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to the president and senior director for strategy planning ae national security koums ill. coming up, the mooch versus steve bannon and reince priebus. we're going to break down anthony scaramucci's expolitic aactive tirade. what it could mean for top trump staffers and the future of this administration. stay with us 6789. >>up, this is a guy who stiemts uses colorful and in many circles probably not appropriate language, and he's very passionate about the president, the president's agenda and i think he may let that get the best of him in that conversation. it naturally begin, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember.
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now to the latest in the personal war inside the white house. get this, anthony scaramucci, the incoming white house communications director taking issue with being asked a question. he told reporters traveling with the president this afternoon that it's not fair to ask him about that vulgar rant against chief of staff reince priebus and chief strategist steve bannon in an interview with the new yorker's ryan liz a. he told this to a pool of reporters on his way to long island with the president. priebus happened to be on that plane. he called him a paranoid schizophrenicic partner oi yack. he also threatened to fire the entire staff. we're learning now that he backed out of plit con, a conference in pass dina, california 6789 we should note
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msnbc is a media partner for plit con. but there's another layer to the scaramucci story, and this one is actually a lot more important, potentially. scaramucci stands to profit nearly $100 million if the deal to sell his hedge fund to a chinese conglomerate goes through. now, watch dogs say it may be a major conflict of interest. it steals needs approval from the government as regulators, chaired by, are you ready for this, donald trump's appointed treasury secretary. joining me now is william cone who has known scaramucci for years. good to see you. >> thank you for having me. >> all right. this is important, because scaramucci made a deal to sell his company to hna, a chinese company that has a bit of a murky -- murky is the wrong word. an unclear ownership structure, but some have said may be tied to the chinese goth and hence american regulators are having a second look at it. that's kind of why scaramucci haflkt already gotten a bigger job in the white house or in the administration and now he's
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working for the white house. he's in there and he's not finished with his security clearance because this deal hasn't gone through. >> well, you've hit on it. this is the key issue and a bit of an under reported part of the key issue. sh has sort of gotten lost in the ryan lizza interview. but sifous, which is the government body that you're referring to that steve mnuchin chairs has to approve this deal. and today, you know, the wall street journal reported that another deal at hna was trying to buy, a company called global eagle for about $500 million, that deal fell apart because i think they didn't believe that sifous was going to approve it. that hna deal fell apart. obviously that's much bigger than the anthony scaramucci sky bridge deal. so people are wondering if this deal is going to get approved. anthony thought this deal was going to get approved july 15th. he's now technically not supposed to start at the white house until august 15th. he clearly looks like he has started because he thinks the
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deal will hopefully close-by then. but it's a very odd position for him to be in where he's about to get potentially $90 million that he can then as you know transfer into a treasury securities on a tax deferred basis saving even more millions and it's up to donald trump and steve mnuchin to decide. >> this is important to remember that the regulators can do what they want, but the president and the treasury secretary have the ability to overrule any decision. so at the moment performing for an audience of one the president of the united states is worth 80 to $100 million, potentially to anthony scaramucci, who doesn't have a second potential buyer for his business. >> you've hit that absolutely right of the so anthony scaramucci worked at goldman sachs. he had two tours of duty there. he understands about the client business. he understands the importance of keeping your client happy. the last week has been all about keeping his one client happy, donald trump, because he's got
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$90 million riding on it. >> you know anthony scaramucci. you've known him before this. i want to put up a full screen which i think some of the viewers will find a little unsatisfying because it doesn't have all the words that anthony scaramucci so artfully used when talking about steve bannon, but he basically described him in jim nasic terms. i'm not steve bannon, i'm not trying to build my own brand off the strength of the president. i'm here to serve the country. there's a sentence we've left out of there, which is the gymnastics sentence. is it possible that anthony scaramucci didn't know that he was on the record with a reporter or do you think this is anthony scaramucci quite dlib atel knowing that that would get out there, it would impress the president, it would dominate the news cycle and it gets him tighter to the president? >> i think the latter, ali. i think he knew exactly what he was doing. he speaks to reporters all the time. he knows when he's on and off the record. we've had a number of conversations when i've been in
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my journalist mode and he's never said let's go off the record. he knows when he's on the record and when he's off the record. he knew this would be a huge diversion, which is probably exactly what he wanted. don't forget, the healthcare bill which, you know, did not get passed whatever until 2 in the morning last night, this completely dominated the news cycle in the last 24 hours. it completely masked that failure. it completely masked whatever robert mueller is has been up to. so i think this is by design. >> we weren't talking about health care. we weren't talking about russia. by the way, we were because as a journalists we can hold a few thoughts in our at the same time. but it did dominate as did the transgender military bad. good to see you. >> thank you for having me. >> all right. an embattle the attorney general jeff sessions is speaking out. sessions insisted in an interview with fox news he was right to recuse himself from the russia investigation despite the president's criticism of the decision. >> well, it's kind of hurtful,
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but the president of the united states is a strong leader. well, you know, i understand his feelings about it because this has been a big distraction for him, but, tucker, i talk to experts in the department of justice department, people who are trained in that. i'm confident i made the right decision. >> sessions was a lawyer. he's held a lot of positions where he does know about the law. whatever you think about his positions on things, he did some research into this. he also responded to rumors that president trump may fire him. >> i serve at the pleasure of the president. >> yes. >> if he wants to make a change, he can certainly do so, and i would be glad to yield this that circumstance. no doubt about it. but i do believe that we are making tremendous progress. >> will the me tell you, if my boss were smack talking me for a couple weeks like that, i probably wouldn't have such a nice response for him. all right. are russia is not happy with the dwrs after congress approved new sanctions that are heading to the president's desk.
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russia said it is seizing two american diplomatic compounds examine has ordered u.s. kbaes staff to reduce its staff there. we'll talk to bill browder fresh off his testimony about russia interference in the 2016 election. stay tuned. there's nothing more important to me than my vacation. so when i need to book a hotel, i want someone who makes it easy to find what i want. gets it. and with their price match, i know i'm getting the best price every time. c'mon, gary! your vacation is very important. that's why makes finding the right hotel for the right price easy. visit now to find out why we're booking.yeah! this is me indicating to you that we're done.
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a new sanctions package against russia, north korea and iran is headed to the president's desk today. president trump hasn't committed yet to signing it. he's actually implied that he might not. the bill passed in the senate, last night, believe it or not, 98-2. talk about bipartisan. if you see the numbers it got in the house of represent activities, only three votes against it there. a white house official saying, quote, we will review the bill now that this lenlts lags is final, but we strongly support sanctions against all three counts countries. vladimir putin promised retaliation if the united states followed through on new sanctions. today making good on that threat, russia seized two american diplomatic compounds. the kremlin also ordered the u.s. embassy in moscow to reduce its staff by hundreds. joining us now former spokes woman to the u.s. mission to the united nations. good to see you. >> thanks for having me. >> this is tricky because in
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many cases many of these sanctions were already on the books. they were executive orders. now they have been put into law and passed by congress. there are some who would say this isn't for congress to do. these sanctions should be imposed by the executive branch and should be able to be removed by them. >> right. listen, in most parts, in most times the president has the authority to issue an executive order when he or she deems a national emergency to either foreign policy, economy and national security of the united states. and then asks treasury to impose a certain set of sanctions that follow. >> right. >> congress usually will supplement and compliment those efforts and usually they're work together on those bills, which is what they did for iran. >> right. sometimes enable legislation to do other things, but usually the lead is the executive. >> usually. usually. and that's really also ultimately because they'll take the lead on foreign policy and their foreign policy goals. and sanctions is one of the tools that will help them achieve those goals. >> right. so this is a little strange that
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on on a very bipartisan basis in a very partisan congress everybody seems to be agreeing with the fact that congress wants to control these sanctions and the provision here is that the president can't lift them. >> absolutely. it's not only that he can't lift them, but they want reports written to them ol lists of individuals and entities engaged in activity that they have concerns with and they want to review the sanctions that are being passed. and, of course, there are these termination standards that have been put in. that's the first time i've ever seen that saying that the president cannot lift sanctions if the activity for which the sanctions imposed does not sees and if the president doesn't show those efforts to congress first. it's very interesting. >> as a sanctions expert, would you normally approve of the idea that congress is taking on a responsibility that is usually one that is left to the executive? >> normally i would say that it should be left to the executive branch. i will say when i was at the treasury department a piece of
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legislation like this would probably have irkd us. it's funny, though, now, sitting on the outside, i will say, especially given the president's leengs toward russia or actually just unpredictability towards russia, i am concerned that he may give up our sanctions and withdraw them as part of a deal that may have nothing to do with the activity russia's complicit in like annexation of crimea, involvement in eastern ukraine. >> right of the of this group of sanctions, iran, north korea and russia, what's most significant in terms of anything that's changed? >> by far the russia sanction. to begin with, the russia sanction is about 60 to 75% of the bill and so it's very clear that congress in a very straight and legal language as these bills are written are trying to send a very strong message of we don't really trust you, president trump. we want authority and review over every aspect of these sanctions. is we also want to increase them, and we want to be part of this game. one of the also important points in this bill is that they're
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taking a page out of the iran playbook where congress is telling businesses and institutions worldwide, it's either you do business with them or us. and that's what made the iran sanctions so powerful. >> i just want to ask us to get a shot of your computer here. she comes to the set with her computer and when we're talking about legislation, she actually has the legislation on her computer that she can consult. so thank you very much for making us smarter about the whole thing. we're following reaction to john mccain's home in his state of arizona. he voted last night, as you know, against the skinny repeal of obamacare. >> i think it was a good thing. i think it shows that he does listen to others out there. he's going to listen to -- he's not just going to go with what the rest of the senate wants him to do, which i thought was nice. i wish he had not voted on the motion to proceed in the first plates. it seems like a little bit of
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theater on his part, but he's good at that. all in all it made me happy i voted for him. >> if the trump administration wanted to, it could make obamacare kploed. i'm going to tell you how. maybe i shouldn't tell you how. coming up next, i'll talk to former health and human services secretary under obamacare kt lean sa beelous who played a central role in enacting obamacare. she's standing by. "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.
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. okay. with the battle to repeal obamacare essentially over for now, the president has warned many times even today that ellet obamacare implode. i just need you to understand there is actually a way that he can do that. and there are a couple ways he can do that and it's important that you know that. one of them is to stop the cost sharing subsidies. these are subsidies that are paid to insurance companies, sort of to encourage them to participate in obamacare and make up for disruptions to their bottom line that they might be feeling. so they can stop the subsidy payments. they have already implied that this might happen, which has played into the decision of some insurance companies not to be participants in the individual exchanges. so this imploding of the insurance market, some of that is due to that conversation. the second one is to stop enforcing the individual mandate. this is the money that individuals or families pay in order to not pay for insurance. this is how you buy your way out of it. well, if the government says you cannot get insurance and you
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don't have to pay these fines, we won't enforce it, for instance. we're not taking the law off the box. we won't enforce it. they can instruct the irs to stop enforcing it. the irs is already under a lot of pressure. so these are two ways the trump administration and the democratic of health and human services can actually do this. now, don't get mad at me for giving anybody ideas. trust me, they already know about these ideas. but for more on this discussion and the next steps in fixing the affordable care act, i'm joined by kathleen is he beelous. she's a former health and human services secretary under barak obama snumt alin the development and implementation of obamacare. good to see you. thank you for being with me. >> nice to be with you. >> what is your sense about what should happen next, because the president continues to talk about the kbloegs of obamacare. we do know that in the individual market for a small percentage of people who are insured in the individual market they have seen their premiums go up much more than they expected
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to. that should be done? >> well, i think it's important, as you say, that the subsidies be paid. and i just want to correct a slight misunderstanding about subsidies. subsidies are actually for those individuals buying their own coverage who income level is below 4100% of poverty. they get some help with the cost of their premium. they actually see a reduced premium. but the way the law works, the insurance companies front that money and then get repaid. so it really isn't money that goes to the insurance companies. it's money that ultimately helps customers. >> right. and if those cost sharing subsidies are stopped, and the trump administration has been doing it a month at a time, leaving lots of uncertainty, if they're stopped, lots of companies just won't sell plans next year, because it's about a $7 billion a year hit to the bottom line of insurance
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companies if they don't get repaid. so that's a very scary prospect. insurance companies have to file final rates for 2018 by september. we're now almost in august. >> which meanings if though don't know that trump and price will commit to paying these subsidies through 2018, they may be forced to make a decision that, look, we can't operate in this market because we can't sell policies if we have uncertainties as to whether or not the subsidies will be paid. >> absolutely correct. i'm a former insurance commissioner. and what i know is that tell companies what the rules are. they can figure out what the prices are. but if you don't tell them about the rules, they probably won't sell a product. so that's a big liability. the other one is that the department of health and human services currently actively trying to undermine the law that they're supposed to be implementing. so they are actually using
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taxpayer dollars to make videos against the affordable care act, which is the law of the land. they have pulled down the contracts that we used to provide to community groups around the country to help people enroll, answer questions, get their information out during open enrollment time. so it's very unclear, ali, whether or not if we get to open enrollment next year if there's going to be anybody to help, if there will be a toll-free hotline, if there will be information available to consumers. and that also could really undermine the law. >> look, as an insurance expert, as we work toward a better system or a system that results in lower costs, let's just talk about those people who may republicans have focused on as having seen their insurance premiums increase. because it is a real concern for them. maybe my numbers are off a little bit, but i think about 7% of people are in the individual markets, and about 3% of people saw their premiums sort of generally healthy families or
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individuals saw their premiums go up at a disproportional rate because maybe.mandate wasn't good enough and maybe there weren't enough people in the risk pool. but that's real for them, right. it's personal. it's 3% of the population and your insurance rates are much more than you thought. how do we fix that problem? >> well, i think the easiest way to fix it and the most direct way to fix it is actually expand that subsidy pool. so if you think about most people get their insurance in their workplace, their employer pays a share of the insurance. these are folks who are out there purchasing insurance on their own because there was a flat salary cap, it seems that that number was too low. so the government providing some tax help to all the individuals who buy through the individual market probably is the most direct way to fix that and make -- then get more companies in the marketplace because competition actually does help
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to lower the rates. it is true that in a monopoly market companies can charge anything they want. in a competitive market they need to pay attention to price. >> kathleen, good to talk to you. it thank you for being with me. i'd like to condition this conversation because there are a lot of details we need to figure out what the aca is doing. >> you bet. >> all right. after the break we're going to check in on the markets and after a big week on wall street, let's take a look at what things are doing. we've got a mixed market right now. i'll be right back. it's ok that everybody ignores me when i drive. it's fine. because i get a safe driving bonus check every six months i'm accident free. because i don't use my cellphone when i'm driving. even though my family does, and leaves me all alone. here's something else...
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bill browder is back on capitol hill yesterday testifying on russian interference in the u.s. election. he's the ceo of hermitage capital management and author of "red notice." good to see you. your testimony yesterday was like the book, like a spy drama or a bond novel. you said several times yesterday
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that repealing the magnitsky act which you were instrumental in having inplemented is the most important foreign policy issue for vladimir putin. why is the magnitsky act who claims that -- and that lawyer who claims to have wanted to talk to donald trump jr. about, why is that so important to vladimir putin? >> okay, well, let me give you a little bit of a background to the story. sergei magnitsky was my lawyer. he had had uncovered a huge corruption scheme in russia and he was then arrested, tortured and killed 7 1/2 years ago. i went to congress and told them the story about how sergei uncovered this $230 million corruption scheme and how he was killed over it and that led to the passage of the magnitsky act. why does putin hate it so much? he hates it because we have recently tracked some of that
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$230 million that sergei was killed over to a nominee to vladimir putin. i should point out that vladimir putin is one of the richest men this the world. i believe that he has $200 billion that he's gotten through all sorts of kleptocratic scams in his 17 years in power. and that money is held all over the world in places in america, in england and other places. he's afraid that his own personal money will be frozen under the magnitsky act. as a result, this becomes his personal priority and because he's the president of russia it becomes russia's priority. >> so the distinction is sometimes when we think of sanctions we think of goods that don't go into the country or fruits that don't get imported or oil that doesn't get exported but the magnitsky act was targeted against people who may be as your allegations are, may have been involved in this remarkable wealth creation of vladimir putin. in other words, they share his -- he shares in their business successes.
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>> exactly. so basically, the magnitsky act says that the united states will freeze the assets and ban the visas of people who are involved in the magnitsky case or people who do similar types of terrible things from russia. and we have been able to show that putin was involved in this case. that he benefited from it. and that he's got a lot of assets that are worth freezing. so it's -- and i should point out that this is like effectively the new technology for dealing with kleptocrats around the world because as you said it used to be that you would sanction wheat or you would sanction or oil or something like that. now you don't have to sanction everybody in the country. you sanction the individuals who are involved in the terrible things. in a case of russia, there's only like a thousand people that have all the money in russia. so you can be very targeted and affect the decision makers that way. >> so the magnitsky act applies to 44 russians. it's a list that's maintained by the u.s. treasury department and their assets in the u.s. are
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frozen, not allowed to travel to the united states and you got some satisfaction yesterday at congress because several senators said there's no chance at all of the magnitsky act being repealed on their watch. >> yeah. it was very gratifying. i was testifying at the senate judiciary committee. they were talking about russian interference, talking about specifically about the campaign that vladimir putin had organized via natalia veselnitskaya and rinat akhmetshin, the two people who went to trump tower to visit with donald trump jr., how they went there to try to have the magnitsky act repealed. it was very gratifying on both sides of the aisle. democrats and republicans without -- with unanimity all pledged to me that there's no chance whatsoever that the magnitsky act will be repealed by congress. >> all right, bill, always a pleasure to have you on the show. thank so much for being with us. i believe your book has been re-released, "red notice." >> it has indeed. thank you. >> good read. it will give you a lot of context about what's going on.
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all right, bill browder for us. that wraps up this hour for me but there's more to be seen. don't miss velshi and ruhle this saturday. we'll give you a unique take on the news with a focus on in this case the trump administration, how its policies affect jobs, money and the economy and this week i have a special feature on space. tomorrow's the 59th anniversary of the founding of nasa. so that's all going to happen tomorrow at 12:30 p.m. eastern with my buddy stephanie ruhle. you can find me on twitter, facebook, and instagram. thanks for the comments on my glasses by the way. i'm on snapchat @velshi. thank you for watching. see you later. but "deadline: white house" with nicolle wallace starts right now. hi, everyone. 4:00. 24 hours ago, i asked if we were anywhere near the bottom in our political discourse. by the end of the hour i had my answer. in an interview conducted by ryan his sa, anthony scaramucci
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displayed a toxic level of animosity toward two of president trump's most senior white house advisers. according to one with first hand knowledge of trump's appetite, he said it can get worse and he chided me for suggesting we're neared the bottom. the question i get asked off television more than on, what happens when a crisis not of team trump's making challenges this undisciplined and unorganized white house staff? today they're facing a looming threat from north korea and a big failure on health care. here was president trump on that failure saying i told you so. >> they should have approved health care last night but you can't have everything. boy, oh, boy, they have been working on that one for seven years. can you believe this? the swamp -- but we'll get it done. we'll get it done. as i said from the beginning, let obamacare implode and then do


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