tv New Day Saturday CNN December 15, 2018 4:00am-5:00am PST
a cnn film new year's day airing at 9:00 p.m. on cnn. ho, ho, hey, hey, obamacare is here to stay. >> if you like your doctor, you will stay with your doctor, period. >> struck down by a u.s. judge. >> it's troubling for 130 americans with pre-existing conditions. >> liberty, yes, obamacare, no! >> the first order of business is to repeal and replace obamacare. >> people are hurting. inaction is not an option. >> this is "new day weekend" with victor blackwell and christi paul. so glad to have your company here. 7:00 is the time. and it is a dramatic ruling that could affect the future of health care coverage for
millions of you. a federal judge in texas has struck down obamacare essentially. >> yeah. the judge said that part of the law, the individual mandate, is unconstitutional. according to his ruling, the rest of the law cannot stand without the mandate. the entire affordable care act must fall. >> attorneys general in several states are preparing their appeals while those in other states are joining the white house in sharing their decision. this is happening on the same day as the year's obamacare signup deadline. that deadline to sign up for obamacare ends at midnight tonight in most states. >> this is an important point. the judge did not block the law. so you can still sign up. more than four million people have already done so this year alone. but now, of course, with this new ruling, the future is uncertain. >> what happened is not the last step but is a troubling first judicial step. it's troubling for 130 million
americans with pre-existing conditions. it's very disturbing to 12 million people who are on obamacare as of 2018. >> so obamacare you'll remember was upheld by the supreme court in 2012. we'll talk about why this ruling is different from that one in a minute. let's start with the reaction from the white house and sarah westwood joining us live. what are they saying, sarah? >> reporter: well, the white house is certainly taking a victory lap after last night's ruling with president trump, claiming credit for predicting the downfall of the affordable care act and calling on congress to come up with a replacement plan. he tweeted, as i predicted, obamacare has been struck down as an unconstitutional disaster. congress must pass a strong law that provides great health care and protects pre-existing conditions. mitch and nancy, get it done. of course, referring to majority leader mitch mcconnell and soon-to-be house speaker nancy
pelosi. pelosi responded with a statement saying that house democrats will get involved in the appeals process come january. pelosi said while the absurd ruling will be immediately repealed, republicans are fully responsible for the cruel decision and the fear they have struck into millions of families who are in danger of losing house coverage. the house of representatives will move swift three formally intervene in the appeals process to uphold the lifesaving protections for people with pre-existing conditions. this of course was a case brought by 20 republican state attorneys generals and governors. the trump administration was not directly involved in the case, but back in june it said it wouldn't be defending key parts of the law in court. now this case was based on changes to the individual mandate that came through the 2017 tax bill with the judge ruling that because the individual mandate is now unconstitutional, the rest of the law is invalid. as you mentioned, it's still the
law of the land. president trump said last year that he hoped obamacare would fail, the expansion would fay, so democrats would be compelled to come to the negotiating table and help republicans come up with a replacement plan. as you'll recall, they tried unsuccessfully to repeal obamacare legislatively. now the future of the affordable care act is looking uncertain. but this is -- this ruling from the court is certainly the outcome that the white house was hoping for. >> thank you h. it's important to remember why the affordable care act was such a landmark legislation and also why it launched a fight that's continuing today. this changed the game for insurance providers. they could no longer reject applicants who had prior health conditions, give them high-priced plans with limited coverage. it allowed millions with imperfect health records to get insurance. also pushed premiums for the young and hilt up. and add -- and healthy, pushed
them up. and added a tax penalty for not having health care. that was zeroed out this year and provided for the opening for the ruling. >> errol lewis, political anchor for spectrum news, and constitutional and criminal defense attorney page pate with us. page, i think a lot of people are at home going, what does this mean. i signed up, or i was going to sign up today. let's deal with that first. what is the state of insurance coverage? >> the same as it was earlier in the week. this decision does not stop obamacare. it does not stop people from signing up. it does not take away those protections. what the judge has ruled, though, is that he believes and only him at this point that the law is unconstitutional because of this mandate. what it happened earlier is the supreme court addressed this same argument, can congress compel people to buy insurance.
and the argument was basically congress can't do that much. they don't have that power. but the supreme court upheld it only because there was a tax involved. and that was critical. and this federal judge said, well, the tax is now gone as a result of recent legislation. so the entire act fails. obamacare fails because there's no longer that tax to impose that penalty. that's going to be appealed. it will eventually make its way to the supreme court. then justice roberts will have to deal with this issue. is it still a tax, is it still constitutional. but for now, everything is the same as far as the day-to-day operation of the act. >> and errol, i'll get to you in a minute. so we know as this is debate and we look at a timeline here, if something does change this year, does the signup change for people in 2019? will they lose -- could they lose their health coverage immediately? >> well, it's possible, christie. all we have is a district court saying he believes the act is
unconstitutional. we've seen that an appeal is probably going to be taken to the fifth circuit court of appeals. it's going to work through the process. congress can step in at any time and adjust this law. we'll have to see if that's what happens. >> let's talk about this. chuck schumer tweeted this last night, he said first republicans tried to eliminate the aca in congress and failed so they turned to the courts because the legal reasoning is so faulty. hopefully the ruling will not stand. what will stand is republican ownership of such a harmful and disastrous lawsuit. this is what president trump ran on. he vote to dismantle obamacare. he and many see it as a win. do you get the sense that all republicans are behind that, or is there a risk that some may pull back on this? >> i think most republicans, if they're looking at the results of the midterms and they can read polls and they have their -- their hand on the pulse of where the american public is going, they know that you can't add what tends to be an estimate
of about 20 million people since the year 2013 who have been added to the roles because of the affordable care act. you can't just throw them off the roles and expect there to be no political consequences. the midterms, the outcome of the votes as well as everything told to the pollsters suggested that democrats in particular but also independents really like the stability that comes with the affordable care act. repeal was one of the most unpopular bills of the last 30 years. and when they tried to do it and it failed last year, a lot of republicans actually quietly breathed a sigh of relief that they wouldn't have to try and shoulder the burden of this ideologically driven political strategy that was not working for them at the polls. so if this gets thrown back into the laps of the republican party and they're going to have to go and try and fight for this, either on capitol hill or in the ballot -- at the ballot box, i think they're going to have a
really hard time. >> the president, you know, said that he tweeted that congress must pass a strong law that provides great health care and protects pre-existing conditions. what are the options the president is putting out there? >> the president has only described in broad terms what he would like to see. you know, it's really interesting. he had an opportunity when he came in, he talked all over the place. he said he wanted to have a bill that was -- was kind and would help a lot of people and wouldn't hurt anybody with pre-existing conditions. but he also had that republican ideological requirement to say that he hated obamacare. he could have charted his own course but is ending up in a place where he's going to get saddled with that same unpopular stance that -- that republicans tried to take and which cost them dearly in the midterms. >> so page, you mentioned an appeal is almost certain here. if this goes to the supreme court, how do you think it would
be received by the new court? >> that's what's going to be interesting to see. we have the same division of justices because at the time there were four justices who basically said we think the law is fine, there's no good constitutional challenge to it. and the two new justices replaced two who were on the side that said you need to strike it down. it's not a tax, and the individual mandate is unconstitutional. that hasn't changed. the key question here will be does chief justice roberts change his been now that there's -- his opinion now that there's no tax law required. the only way the supreme court found the law constitutional the first time was to say that there was a tax. congress has made that tax effectively zero, so it still constitutional? it will come down to chief justice roberts again. >> always appreciate both of you chiming in with your perspectives. thank you, gentlemen. >> thank you. after a week of speculation and rejection, president trump has a new chief of staff. at least an acting chief of staff.
coming up, how mick mulvaney will manage his new west wing duties as he continues his work as the white house budget director. and the panel investigating the florida shooting at marjorie stoneman douglas high school says schools need armed teachers and better law enforcement. we're learning more about their proposals for school safety. - [narrator] the typical vacuum head has its limitations, so shark invented duo clean. while deep cleaning carpets, the added soft brush roll picks up large particles, gives floors a polished look, and fearlessly devours piles. duo clean technology, corded and cord-free. and fearlessly devours piles. overwhelming air fresheners can send you running... so try febreze one. with no aerosols and no heavy perfumes. so you can spray and stay.
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the president announced on twitter that mick mulvaney will become acting chief of staff at the end of the year. >> mulvaney will not resign as director of the office of management and budget. and cnn's kaitlan collins explains, his aappointment puts an end to several days of confusion after the president's top pick turned down the job. >> reporter: president trump announced on twitter late friday night that mick mulvaney, the white house budget director, will become the acting chief of staff when john kelly, currently the chief of staff, leaves at the end of the year. now that word "acting" came as a surprise to most people in the white house since that was the
word that led to the failure and breakdown in negotiationings over nick ayers -- negotiations over nick ayers, vice president mike pence's chief of staff, become coming to the west wing. he didn't want someone previously the acting chief of staff, yet the president now has an acting chief of staff. this could cohave come down to timing it. president trump was discussing the possible government shutdown and so was the senior staff throughout the day. and mick mulvaney, budget director, came over to the white house to sit down with the president, go over what would happen during the shutdown, and discuss it, and walked out with the top job. it's a question of how long mick mulvaney is going to be in this position. this position is coming with a lot challenges as we're seeing the number of investigations surrounding prumesident trump a aspects of his political and personal life start to mount up. that's a job that milk mulvaney
will take over at the beginning of the year. president trump is nearing the end of his second year in office. and he's also the focus of more than a half dozen investigations. we don't know exactly how many there are because some might have -- might not have been made public. >> here's what we do know -- that is being under -- under investigation right now. the trump organization, the trump foundation, the trump chain, the trump inauguration, and the trump transition, and the trump administration, all six under investigation as we sit here with you. and now cnn has learned special counsel robert mueller still wants to speak in person with president trump about obstruction of justice. his lawyers adamant that that can't happen. the president previously answered written questions from the special counsel, the president's attorney telling cnn they are against it because they don't trust mueller. our next guest says president trump is out of options in the face of mounting
investigations. joining us is the former chief ethics attorney for president george w. bush and professor. let's start with the dramatic statement you made this week that you said it's time for president trump's lawyers to negotiate a plea deal. explain. >> the president has stories ex-port to criminal liability on several fronts. he has the case, the investigation on proceeding in the southern district from new york surrounding the payments to porn stars, he has the even more serious situations with robert mueller and the russia investigation and the president's obstruction of justice there. the new york attorney general is coming after the foundation and may very well have other investigations of the trump administration. and he's going to have to deal with the judiciary committee in january. the president at this juncture
really ought to consider negotiating while he has some negotiating power. the presidency. offer to resign in return for reduced charges. his lawyer is already getting three years in prison for something that donald trump clearly told the lawyer to do. that in and of itself exposes the president to jail time. i think it is time for a comprehensive plea agreement. it would be a lot better for the country, for us to be able to move. and for donald trump to negotiate now while he still has something to negotiate with rather than waiting for the end of his presidency for all of these criminal proceedings against him to turn up the heat. and could send him to prison for a long time if he doesn't work this out. >> do you get the sense -- i think what's jolting is when we put the six investigations going on up there and you think about the time and money and energy
going into this, do you think president trump will make it through his next two years? >> well, that depends on what he wants to do and also congress. i think he ought to negotiate a plea deal. it's going to be very bad for him in the criminal process as things move along. people are copping pleas, they're -- there are lots of guilty pleas or convictions of his top people, campaign manager, deputy campaign manager, national security adviser, so forth. so he's in deep trouble. but if he wants to dig in his heels and stay there, then we'll see what congress wants to do. the democrats may want to impeach him, and the republicans have to decide whether to, i think, do the smart thing and ask him to leave. tell him to leave. and calm things down with mike pence for two years. or suffer through this. but it's turning into a national disaster. we've got the economy in on the
brink of some difficulties here with the trade war heating up. nobody really knows who's in charge in the united states. >> speaking of being in charge and the economy, you know, we're at the -- a couple of days left until this potential government shutdown. and this is the time at which the president decides to take the director of the office of management and budget and make him his acting chief f staff. the question was asked of sarah sanders, will he continue to have both roles, and she said this -- mick mulvaney will not resign from the office of management and budget but will spend all of his time devoted to his role as the acting chief of staff for the president. russ vout will hand day-to-day operations and running omb. at the time that you're facing potential government shutdown, pull the budget guy, move him to the chief of staff, for as long as he can stay because he's acting. and is there any ethical concern about having both roles?
>> it's a disaster. completely chaos, this administration. and the government with a trillion-dollar budget and potential government shutdown and you don't have anybody in charge over at omb. you're using somebody temporary at omb at the office of management and budget, because you want to put the director of omb over the chief of staff's position because nobody else wants it because nobody wants to work for this president. it's complete chaos in this white house. and putting that on top of all these investigations, something's got to get fixed quickly. or we could be in serious trouble. the markets are getting nervous. the trade war is heating up. now they're talking about shutting down the government. why? because the president doesn't get some stupid wall that he wants on the southern border. it's ridiculous what's going on. >> i've got one more. what do you think about the current director of the office, emery rounds. initially when he was announced
as nominee, there were encouraging response was several who held the office. i see on twitter and from you being on the show, norm isen, you, walter schwab, former directors are just lambasting this administration daily. what do you think of the job he's doing now? >> emery rounds is over at the office of government ethics. and i think he's doing a very good job at the office of government ethics. that's an independent agency. the problem is they don't have the enforcement powers they ought to have. and because of that, when they write the white house and tell the white house somebody's in violation, for example, kellyanne conway, schilling for vonk cloth ivanka clothes or whatever, they tell the house of ethics to pound sand. rounds was deputy of the bush white house, the ethics office there, he's worked in oge for a long time. he's doing the best job he can as director of the office of
government ethics. but they need to have enforcement power. they need to have the power to investigate. because what we're finding out is that everybody in the trump administration is just ignoring the office of government ethics. they simply don't care what oge has to say about what the rules are. >> all right. richard, thank you very much. >> thank you. >> thank you, sir. millions of americans may feel like they're just unclear this morning regarding the future of their health care after a federal judge strikes down the affordable care act. this happened last night. more what this means for you regarding obamacare next. (whooshing)
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good to be with you this morning. 29 minutes past the hour. i'm christi paul. >> i'm victor blackwell. good to be with you. millions of americans are waking up this morning with the future. their health care in limbo. last night a federal judge in texas struck down the affordable care act known as obamacare. that judge's ruling is that the aca's individual mandate is unconstitutional. >> that mandate required all individuals to have insurance and would fine those who did not. former u.s. attorney david katz explains it this way. >> the argument goes like this -- the supreme court ruled 5-4 that the aca was constitutional.
five justices were willing to say including chief justice roberts, that it was okay as a tax. that's the individual mandate was a tax. if you didn't buy the insurance, you had to pay a tax. and that was within the taxing power of the united states federal government. as of next year, there is no more individual mandate. that was what the republicans put in the new aca. >> so this doesn't mean that you can't sign up for obamacare. the law's still in effect. this morning, though, marks the final day to enroll in the plan in order to be covered for 2019. you have until 11:59 tonight to do so. so let's talk about the affordable care act and how we got here. it's considered president barak obama's signature policy achievement. it was signed into law march 23rd, 2010. and the goal is to make health care affordable in the united states by lowering costs, expanding coverage, and improving the quality of care. that's what they said the goal
was. president obama campaigned on reforming the health care industry and celebrated when the bill was signed. >> today after almost a century of trying, today after over a year of debate, today after all the votes have been tallied. health insurance reform becomes law in the united states of america. [ applause ] >> now obamacare reduced the number of uninsured in the u.s. in 2013, the year before obamacare came into full effect, there were 42 million people without insurance. down to 29 million in 2015. from the onset, republicans packwooded the law and -- opposed the law and made several attempts to repeal it. repealing obamacare was one of candidate trump's key campaign promises. republicans just couldn't muster enough votes in congress, however, to fulfill that promise to replace the law with the american health care act of 2017. the government has taken steps,
though, the tax cut bill passed in 2017 including a provision that eliminated that so-called individual mandate that compelled people to get health insurance. according to the government, nearly 12 million people enrolled in in 2017, 27% were new customers. right now president obama is on the social media blitz reminding people about today's deadline to enroll for health coverage. >> frankly, i think you've proven that you don't need to see me taking jump shots or sitting between a couple of forest plants in order to know it's important to have health insurance. in case, god forbid, you get really sick or hurt yourself next year. this year i'm giving it to you straight -- sign up for health insurance at healthcare.gov before the deadline on december 15th. you can do it now. >> joining me to discuss, political commentator and formula former adviser -- and
former adviser for the trump campaign, jack kingston. thanks for coming back. the latest numbers before the election shows that obamacare is popular here, 54% favorable. 43% unfavorable. republican attorneys general of red states i should say, they pushed for this lawsuit. they won at this juncture on the wrong side of this with the american people? >> i'd say on the wrong side of aspects of it if you're talking about pre-existing conditions coverage which is enormously popular with both parties and also supported by both parties. i want to point out one thing that i heard mr. katz say earlier, that 133 million americans have pre-existing conditions. i would point out to him on may 6th, 2017, an article by cnn health expert nicole chavez that says that number's actually 52 million people have pre-existing
conditions. he's talking off democrat talking points. the reality is it's too high including why republicans and kevin brady in his statement said we support coverage for pre-existing illnesses. >> if you say that this lawsuit is on the wrong side of history as it relates to protection for people with pre-existing conditions, then why did this department of justice six months ago say that it would stop defending the law as it relates to those protections? >> well, i think what the president wants to -- let me say this unequivocally. the republican party from john mccain to jim jordan ran on let's repeal obamacare. and in 2010, as you know, it was passed without a single republican vote. the repeal as manifests in the mandate, the individual mandate, was passed without a single democrat vote. you have in 2010 a partisan
vote, and in 2017 another partisan vote. i think what's good about this is now democrats and republicans together have to come up with a bipartisan solution -- >> okay, you didn't answer my question. let me ask you again. why if you believe that being against the protections for people with pre-existing conditions is on the wrong side of history, on the wrong side of the people, then why did this administration, the department of justice in june tell us it would stop defending the law as it relates to those protections? >> i think because they're against the total law, and there's different aspect of it that they would support like pre-existing conditions -- >> they didn't announce they would stop defending the total law. they wouldn't talk about keeping your kids on the policy until you're 26. they picked out that specific provision. >> well, that was the department of justice. but the administration and the republicans have said they do support those provisions. but i think what the doj was trying to do is say if the whole thing falls down, then we can go back to the bargaining table and
hammer out a bipartisan solution that doesn't increase premiums 60% -- >> let it fail, and then we'll fix it strategy? >> yes, but remember, one of the things that obamacare promised and president obama himself that your average family health care premiums would go down $2,500 per household. it's gone up 60% since 2013 when this passed. >> so is the president getting what he said back in july of? let it fail, let the obamacare -- july of 2017, let it fail, let obamacare fail, and you'll see the democrats come to the tab table. is that happening? >> that's what i'm seeing happening. americans will do better with a bipartisan solution -- >> what does that matter to the 52 million people, using the number you quoted, who have pre-existing conditions, who wake up and don't know what it means for their future? >> obamacare has caused uncertainty in the markets since its inception this. is one more chapter of that in--
its inception. and it's one more chapter of that inconsistency -- >> what about coverage -- >> that's the question. that's why democrats and republicans can get back in week, in fact, and put it in as some of the last-minute changes in the law. they could actually do it this week in congress. but if not, they can do it in january, but it would have to be bipartisan which i believe as somebody who served in congress for 22 years that the best laws that are passed and put into w laws are bipartisan. the laws that are put on the books. you know, we're a divided country, fiscal sophilosophical0 million. we have to hammer it out. that's good. keep in mind the 60% premium increases since obamacare has passed have hurt working americans. >> jack kingston, thank you very much. >> thanks. coming up, the panel
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here's a quote -- teachers need guns, and students need more security. those were two conclusions coming from the state commission panel investigating the parkland high school shooting. >> it panel vote to include a proposal to allow classroom teachers to carry guns in schools if they go through a selection process that includes background checks and training. the idea is already sparking concerns from congressman ted deutsche whose district includes
marjorie stoneman douglas high school. cnn correspondent paolo sandoval has more details for us this morning. what are you learning? >> reporter: good morning you to. remember, though, in march the florida state legislature proposed and even passed legislation that allows some school staff to carry weapons. however, the list of recommendations this week seeks to allow all teachers at florida public school campuses to carry weapons if they want to. >> such as participating in a threat assessment team -- >> reporter: the marjorie stoneman douglas high school public safety commission is recommending teachers be allowed to carry guns on school campuses. the controversial proposal, part of a 407-page preliminary report it addresses failures by broward county law enforcement during the massacre as well as recommendations on how to counter future school violence. chairing the commission, pinellas county sheriff bob golteri who supports the measure. >> we've got to give people a fighting chance, an opportunity to protect themselves in my
view. we don't have enough to put cops in every school or multiple cops in every school. and we're not maximizing the use of the guardian program. one person, one good guy with a gun on every campus is not adequate. >> reporter: the proposal has yet to go before the governor or state lawmakers. if approved, teachers who want to carry, would be required to go through training and background checks before arming themselves. >> here's the issue -- districts and schools need to act now. >> right. >> they need act now, they need to act now. >> reporter: currently only some teachers and school staff are allowed to carry firearms. since the parkland shooting, at least 14 other states have introduced similar measures, the changes have been met with some support in states where rural communities like funding and resources to respond to a school shooting shooter. max schacter is the only person on the advisory commission opposing the arming of florida teachers. >> i don't think teachers should be carrying guns. i think they have enough on their plate. i think their priority is
teaching. it just creates a host of more problems. >> reporter: with the recommendation still tentative, more debate is likely about how to face a school's worst nightmare. >> what we've got now ain't working. we need to do something differently. >> reporter: there was one person on the commission who actually spoke out against these measures. there is still quite a bit of opposition outside of that commission, including from some groups that want to see gun reform including every town for gun safety. a volunteer with the group said there is no research that indicates that teachers carrying guns could 3d more safety for children -- could lead to more safety for children. what this group is asking for is really more criminal background searches for all gun sales. they believe that that is the answer. so, a lot of opposition. of course, a lot of support, as well, and a whole lot of debate about this issue before this report goes to legislators. >> yeah. a lot of conversation. paolo sandoval, thank you very
much. you realize we could just be days away from another government shutdown. how would it affect you, though, the taxpayers of america? do you have a good grasp of that? bloomberg reporter eric wassen breaks it down next. going to extremes for perfect skin? where does it end? new olay whips. while not equal to cosmetic procedures, our b3 complex hydrates to smooth skin. injections? rejected. beautiful skin? accepted olay. [[clap, clap]] ♪ hey, jen, which tie says, "trustworthy but also fun"? gold down, oil up. oil down, gold up. this is too busy. we need to make sure people can actually use this stuff. which one says, "hours of free live streaming coverage without cable or subscription fees"? aluminum, aluminum? you ready, zack? oh, we're ready. welcome to the show. let's make finance make sense. ♪
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we need border security. whatever it takes to get border security, i will do it. >> whatever it takes, defiant words from president trump there two days after meeting with democratic leadership saying he will proudly own a government shutdown over border security. >> i am proud to shut down the government for border security, chuck, because the people of this country don't want criminals and people that have lots of problems and drugs pouring into our country. so i will take the mantle. i will be the one to shut it down.
>> with both parties at a gridlock here, we're six days away from the nation's third government shutdown of the year. experts say even a partial shutdown could have a major impact on the country. how would it affect you? i know that's what you're concerned about today. bloomberg reporter eric watson joining us to explain what you should expect. let's get to that first and foremost, eric, and thank you for being here. for people sitting at home today wondering what is in store for them, help us understand that. >> well, this government shutdown will look very different from the one we saw in 2013. that lasted for 17 days. it's estimated it cost the economy $24 billion, but the entire government was shut down for that period of time. 75% of the government's trillion dollar operating budget has already been provided in this fiscal year so we're looking at much more of a partial government shutdown. still, it would be nine federal agencies and about 80 smaller agencies that will be affected. we looked at the numbers and about 420,000 workers would be forced to work without pay.
this includes border security workers. it includes people in customs and border patrol, the transportation security administration. these people, if their paycheck comes during the government shutdown, will not be paid. another 350,000 workers will be furloughed, this includes the irs, the environment at protection agency. the national park service will be closed. the state department will be closed but passports will still be issued because they're paid by fees. the upshot is that the government will be less than a big government shutdown we've seen in the past. both sides may not have the incentives to bring it to an end. sources i talk to in administration on capitol hill say we're headed to a shutdown that could last into january. >> i was just going to ask, how long could it last without regular joes, those of us at home, feeling the effects of it? >> i think it really depends on who you are and where you sit in
this economy. for example, food banks are going to be affected. they're not going to see the kind of food delivers and storage that they need so you're going to have real people being affected by that. irs will not be answering the phone. the export/import bank, the small business administration, the usda, they all make loans to farmers, businesses. those will all be held up. anyone doing a vending service to the u.s. government will not be able to have those contracts go through, grants to local communities will not go through. so the effect will start to really build as time goes on. >> okay, so i want to ask you about something that nancy pelosi tweeted. she said at a time when there's so much uncertainty about the economic security of working families, it's deeply disturbing that donald trump is threatening a trump shutdown. this is far from the treatment american families deserves during the holiday season. talk to me about the potential economic impact of a shutdown, especially one that might last several weeks. >> so far we've not seen the
markets particularly spooked by the shutdown. there is a big turndown in the s&p 500, one of the worst we've seen in recent years, but it's really focused on trump's trade policy, his conflicting messages on whether a china trade deal can be done. so far the markets are not really taking this into account. however, it could be just another straw that breaks the camel's back. we'll see the fed raise interest rates this week. like i said, $24 billion in economic impact in 2013. this will be smaller but it could be another thing that we see adding to the nervousness in the equity market. >> from the economics to the political, what is the political impact here? who do you think will -- i mean, the president has said i'll take the blame. will he truly shoulder all of it? >> well, the thing is, this is all about who is going to be blamed. whoever is going to be blamed is the one who loses. advisers to president trump and republicans on capitol hill were not happy with his performance in the oval office when he said he would be proud to shut down the government.
you saw chuck schumer and nancy pelosi smiling in that meeting. they feel like they have the upper hand. i put his wall money at the very bottom. there is the potential next year of a grand bargain with protections for young dreamers in exchange for wall money. that could be where we're headed. >> eric watson, really appreciate your insight. thank you for being here. >> thank you. >> absolutely. victor? thank you, christi. up next, millions of americans are waking up this morning wondering if their health care coverage is going away. we have details on this late night ruling in which a federal judge in texas struck down the individual mandate in obamacare. - [narrator] the typical vacuum head has its limitations,
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>> the law that brought health care to millions of americans has been struck down by a u.s. judge. >> it's troubling for 130 million americans with pre-existing conditions. >> liberty, yes, obamacare, no! >> the first order of business is to repeal and replace obamacare. >> people are hurting. inaction is not an option. ♪ good saturday to you. the future of health care coverage for millions of americans is uncertain this morning after a federal judge in texas has struck down obamacare. >> he says key parts of the law, the individual mandate specifically, is unconstitutional. according to his ruling, because the mandate is essential, the entire affordable care act has to end. >> attorneys general in several states are