investigate this and oh, my god how could president obama have done this to president trump, and they were quiet, with the ni microphones except f microphones except for john mccain and lindsey graham. the question is why would the president want congress to spend money investigating a question to which he has the answer by virtue of his tweet? and can make that public any old time he wants. >> let's talk turkey here. this is a president on a twitter storm clearly angry about the way that his staff had handled things, deciding to take things into his own hands and try to change the subject, who knows, probably divert attention from russia, all of the above. and sean spicer was asked and
this because he hasn't shown any evidence. imagine if he had evidence of this action by the former president it would be the biggest political story in 50 years or so and he would want to put it out there and we will wait to see what he does. i think they are hoping this does become like groundhog day and every day they can refer to congress and say they'll take it up but at some point they're going to have some sort of resolution to this. >> but it is our responsibility -- look the president tweets stuff all the time and it is one of the biggest challenges i think for the media and trump era is to try to figure out when to ignore it and know it is just a diversion around when to take it seriously, you can't not take seriously when you're accusing a former president of wiretapping. that was a no-brainer. having said that, do you think -- you're a ruouters
report. >> i think journalists have the responsibility to tell the truth, report to the truth and when accurate or a statement comes from a person we're covering found not to be accurate to follow-up on that just as we have the responsibility to correct or own mistakes absolutely that's what the white house core should be doing and all of us should be doing. >> i want to switch over the health care and the whole talk was the new hhs secretary tom price who used to be on capitol hill writing this legislation which had no chance of ever becoming law when president obama was in the white house, now put the stamp on what the white house did but said something very note worth that the hot water that president obama got in by promising everybody can keep their doctor.
a decline in coverage? can also say will your co-pays and deductibles increase? they can talk about that well wait a minute how will this affect the medicare trust fund going forward are they going to rob peter to pay paul here? so sean is setting it up exactly the way you said david but there are going to be questions about part one and the cost of part one because there's no tax increase as president obama had to off-set his plan. >> if there's that, you also have republicans saying yeah, but, this ceo was not accurate in terms of the cost ultimately of obamacare at least where we are right now almost ten years after it was eight years after it was passed. but there's that, then there's shoe meet other foot in that republicans now are many conservatives are so upset at the notion that even though they talked a lot about transparency,
it's only 66 pages that they haven't been able to look at it that it's going to be done perhaps properly in house but they're saying they're going to take whatever passes right through and shove it to -- >> we already sort of nowhere the democrats are going to be but the republicans are divided on this bill, and the fact they are divided about some it was content as well as how it's going to be handled or pushed through if that's going to happen in the senate will make it harder to become law. >> thank you everyone for hanging in for that lengthy press conference from the white house. appreciate all your insights. a few moments from now we're going to hear from some republicans including senator rand paul. stay with us.
innovation in the health care system, through both transparency and accountability. >> joining me now is tammy lubby, thank you so much for joining me i should tell our viewers that you are definitely an expert. will this deliver on prices promised? >> well, let's go over some to have basics first, it's just for the individual market and medicaid market but the republican plan keeps kids under 26 can stay on their parents plan, those with preexisting conditions protected no annual lifetime limits on coverage and keep the cap on out of pocket costs but does get rid of employer mandates and giving people refundable tax credits
based on age rather than income. there are now 11 million americans covered, but they want to over haul it which covered more than 750 million people. it would change federal support for it. >> in terms of americans getsing health care through obamacare. >> let's talk about the losers, low income people may end up losing out, could be left uninsured. obamacare provided subsidies more generous for low income americans, that's going to change, obamacare restricted compared to younger one, this will allow to charge older people more. if wep want to look at the
winners, younger people could be the winners, older people are going to be charged more, also higher income people are going to win. fewer taxes, rolls back the taxes on the rich americans that help pay for obamacare and people with higher income, many middle class people but with higher incomes will be able to qualify for the tax credits they put an income cap on it so not the wealthy wealthy will be able to and on top, insurers will feget a tax break. >> thank you for break k it down. >> what is this going to cost and when will we know the final price tag. phil mattingingly is on capitol hill following all this among republicans. >> reporter: the interesting element is we don't have answers
how much it costs or how many people it will cover according to tcongress congressional offi. on the cost that's where you're hitting on conservatives. there's a concern there will be a million multiplied people dropoff based off of obamacare itself, but the conservatives basically saying we're not even willing to negotiate what's being put out right now. this is dead. in fact that's exactly what senator rand paul told me a ful a few minutes. >> i think there's going to be some head counting going on and i think the bill as it stands really is dead on arrival. i think it's daead in the house. i don't think conservatives are for this. >> reporter: ominous words from
senator paul. they can only afford to loose to and still move this through. dana, you know how this works better than anybody else, and we're seeing it take affect right now. the trump administration starting their blitz to sell this vice president mike pence meeting now in his private office along with health and human services secretary tom price meeting with wary conservatives trying to bring them along to make sure they know we get you have problems with this but this is the vehicle, this is what's moving forward and what the administration supports. one key component, again you know this better than anybody. the closer is the president, the president is the one that's going to have to get on the phone, sell these behind the scenes but also sell the american public publicly. i'm told officials saying expect that to happen soon to get out and try to sell this proposal.
there's no question, this is not a clear path and the conservatives make up the core of concerns. >> i've heard this from senior republicans over there that they are expecting the president to be the salesman in chief. thank you. heritage action for america has panned the republicans health care proposal releasing a statement which says in part in many ways the house republicans proposal released last night not only accepts the plaus of obamacare but expands on them. secretary price responds on them. >> i think this is the beginning of the process and we look forward to working with them an others to make sure we come one the process that aligns with the principals that we defined that they adhere or agree to as well, we need a system that's
affordable for folks, accessible, of the highest quality, invecentivizes innovation. >> i want to talk about the substance to have bill and republican politics. let's start with the distance. in your statement you said there's no significant difference between this effort and obamacare. is that really fair. >> i'm not sure that's kpaexact how we said it but they're starting with the obamacare ak techu -- architecture in place. many americans wealthier eligible urnder obamacare, the federal government, insurance company and your boss should be the players. that's the architecture this
bill keeps in place and what conservatives want to do and repeal and replace it is make it a free market based system where it's really the individual and his or her doctor making the decisions. >> president trump tweeted not surprisingly he said this don't worry getting rid of state lines to i think part of what you were referring which will promote competition will be in phase two and three of the health care rollout and you heard that from secretary price as well, so does that give you comfort? >> it doesn't, when you're building house the foundation matters and it keeps this progressive mindset in terms of regulations and how you're subsidizi subsidizing getting pair and not getting at the linking of insurance and your employment. ultimately when you look at phase two, that's all stuff that can be rolled back by a future administration. phase three, why would any
democrat sign on if it's getting at the architecture of obamacare, it has to be done with 51 republican votes deliver on that promise you have been making ever since 2010 and let's have a national debate of making a health care system that serves our citizens better. >> what you just said makes perfect sense when you were trying to set the parameters for debate for conservatives in ma snoi -- minority. you are limited by the number of seats and votes that you have. given that reality do you understand why they are doing what they are doing to try to cobble together as much of a change they can to get the philosophical ideas you just pointed out. >> they're going about it the wrong way, in 1977, it was done on reconciliation entire federal
welfare program was repealed on reconciliation and replaced. let's take away the architecture and rebuild it with something that serves the american people better. >> for republicans who support this bill, do you think they run the risk of being primaried from the right? >> i think we're in the moment wherever republican wapt wants to get to a yes, what we are hearing and some to have questions are a lot of voters saying this doesn't look like it's going to pass muster. >> thank you for your time. appreciate i want. moments from now senator rand paul will be speaking among others who are criticizing the health care plan and reactions to president trump's claims and
also wiretapping at trump tower. all that ahead.
into russia, russia meddling in any potential contacts between trump associates and russian government officials during the presidential election, i had a chance to talk to senator cornyn, about president trump making the claims and cornyn suggested this is something the committee itself will be looking into. take a listen. >> what i can tell you is that the bipartisan investigation is well you should way and the c iit shall cia produced a mass amount for the select committee to review. >> reporter: part of the flynn transcripts with the russian ambassador? >> i haven't seen that. >> have you been briefed on that as a committee? >> i can't really talk about things classified so i can't answer that question but can
assure you that vice chairman warner a democrat, and chairman burr a republican have committed to a bipartisan investigation, that's all anybody reasonable could ask for. >> reporter: are you going to ask about the question of wiretapping? >> i think all of that is part to have investigation. >> reporter: interesting, dana even the number two senate republican cannot say whether he believe it is president of the united states made an accurate claim of president obama surveilling him and i asked if he's seen any evidence that donald trump was wire trapped mcconnell's words, no, i have not. >> great rereportiporting, and recently quit after actions
taken, ned was a senior spokesperson for the national security counsel and should note he has donate today the clinton campaign and democratic party. you said that the president's tweets on wiretapping were on outburst that should frighten all americans. okay, that's what you pause it, but knowing what you know about intelligence and about the way it works, do you think that there is any way his accusation could have merit? >> absolutely not, let's take a step back, anyone who has insight including director clapper, director comey, mike hadden all of whom were appointed by republicans in office have said there's absolutely no merit to this personally i would not know, but the people who would know have been uniform saying there's
absolutely no truth nor could be any truth to what donald trump has alleged. the president of the united states does not have the authority to direct surveillance against any person whether it be a national citizen or foreign. >> do you think it is possible that the obama administration during the obama administration that was a wiretap at trump tower separate and apart from the president himself actually ordering it as donald trump alle alleged? >> let's pretend for a moment it is. that means the department of justice using information provide bid the law enforcement and intelligence communities went either to a judge of the foreign intelligence surveillance court and made the case that president trump or smp in his or bit is an agent of a foreign power or all theternati
made the case that president trump or someone in his network was engaged in criminal activity, so if president trump believes that's the case that's essentially what he is saying and should be concerning. >> i want to switch topics to the travel ban, he revised the travel ban, are you more comfortable with what you see now? >> i have never been comfortable in any form. it was a ban with cosmetic tweets to a fundamentally bad policy. it makes us less safe because it alienates the people we need to combat terrorism around the world. there's absolutely no merit to this. refugees are already subject to the most rigorous screening, on average it takes 18-24 months
many of whom are women, children, religious minorities, and this travel ban is maybe good politics for president trump, but not good national security policy. >> i know the answer to this, but want bring it up but surprised to hear that the department is considering separating children from their parents at the border. do you think there's any way that's going to fly? >> it's certainly not humane and taken back hearing from the department of homeland security but very much seems to be the direction their headed. >> i want to go to republicans on capitol hill not happy with their own party and president's replacement of obamacare. >> it meant we need today cover the preexisting conditions making sure people didn't get
kicked off their health care plan, making sure there was an adequate safety net. i can tell you those two things are still the focus of not only the house freedom caucus but senator lee, rand paul and senator ted cruz, we're going to be talking about a number of scores in the upcoming days, cbo scores and what score that this mean and what does it mean for the american people, i can tell you there's one score that the american people will pay attention to and that is does it really lower their health care costs and their premiums? that's the only score that really matters and if this doesn't do it then we need to make sure we find something that does do it and with that i'm going turn it over to the gentleman from ohio who plans to introduce a piece of legislation that really repeals the affordable care act the gentleman from ohio jim jordan. >> thank you, mark.
mark is exactly right. our goal is to bring down the cost of insurance for middle income families and working families across the country, we think you have to get rid of obamacare completely. tomorrow i will introduce the bill that ever single republican voted on 15 months ago the bill that actually repeals obamacare, our goal has been to repeal in one and it is sponsored by dr. paul in the senate, there are three plans, cassidy plan, like obamacare you can keep obamacare, the plan brought forward which i believe when you look through it is obamacare in a different form. then our plan the one i think is consistent with what we told the voters what we were going to do, repeal obamacare, replace it with market centered, doctor
centered plan, and provides affordable insurance for all americans. think about this we put on president obama's desk a bill that repealed obamacare got rid of every single tax, mandate and now the republicans are bring forward a piece of legislation that we're going to put on a republican president's desk that says we'll repeal it but keeps medicaid expansion and actually expands it, keeps some of the tax increases, that's not what we prommed tised the american p we would do. repeal it, separate legislation to replace what we currently have with a model we think will bring down the cost of premiums for the hardworking people of this country who sent us here to do just that. now turn it over to sponsor of the replacement plan in the
senate dr. rand paul. today i will introduce a companion bill to have complete repeal. a clean repeal. we'll be doing this in if the senate as well. in 2010 and 2016, this brings us together, complete repeal, clean repeal. as congressman jordan said, we voted for it and every republican voted for it. that's what we should do again, but we are divide. we have to admit we are divided on replacement. we are united on repeal, but divided on replacement. let's vote on what we voted on before, a clean repeal. separate out the replacement plans, conservatives have a
replacement plan, house leadership has replacement plans i'm sure draemocrats would likeo go and revote on aca, but the only way i think this gets done is separate the issues separate out clean repeal from replacement let's get it done, repeal items us and i think can get that done, i would like to introduce my colleague and friend senator from utah. >> what's been introduced in the house in the last 24 hours is not the obamacare replacement plan, not the obamacare repeal plan we've been hoping for, this is instead a step in the wrong direction and as much as anything a missed opportunity. look, we've seen what happens when congress decide to put f d
forward a plan negotiated behind closed doors, it's not usually a good product and i'm not speaking about anything that's inherently democratic or republican, or conservative, this is a common sense value, we need to have one which can start with basic ground k principals. the two parties are in wide-spread disagreement when it comes the obamacare, but there's one plan and only one that has passed in republican congress and it's this plan being introduced today. that plan passed with the support of every republican in the house of representative and every republican in the senate and it did so just in the last 14 months, so i think we ought to put this forward. ought to get it passed and let move the ball forward in around interim process, to propose ideas that will benefit the
american people. that's what we want to do and what this process, this bill, 20 15 repeal bill would do. now my pleasure to introduce congressman from south carolina. thank you. >> about a half an hour ago, maybe less than that the white house wrapped up its daily press briefing in the press and instructive that sean spicer said repeatedly the health care bill introduced is a work in progress. it's interesting that former colleague congressman price now secretary price said the same thing at the beginning at the conference, ilgt's a work in progress, we have now an opening bid and i think conservatives
are saying okay, we have an opening bid, but might not we constructively look for ways of refining what's been introduced and that's ultimately what the press conference is all about. very simply asking this question, which is do we need to lower the bar in what we believe in conservative simply because a republican is in the white house, so the bill the senator is going to introduce a bill that is saying wait a minute, to their point something there was unanimous accord on house and senate side, let's stick with that plan and not just respectively but perspectively as well in looking forward, let's not lower what we believe or lower the bar on what we believe simply because the republicans in the white house on new ideas, so you look at the idea of a cadillac plan that's
based in current bill being talked about i don't know is that a lowering of the bar? you look at something like the refundable tax credit, is that a lowering of the bar? it was ronald reagan said -- will guarantee eternal life is -- government. this is going back to things and principals long worked on the republican side and have espoused and grabbed hold of in the last 14 months. >> the newest member of the freedom caucus. we're told we're known by our enemies and known by our friends. i'm glad to be known by our friends. glad we got finally got a bill out. it's a starting point and some
people ask what i told president trump when he came down the aisle for the state to have union and i said you're being told we can't do some of the things we did two years ago with obamacare and was true and still true, so as long as we're able the get amendments to the floor that will fix some huge problems with the bill now filed then we'll be okay, but they better not be a rule that prevents amendments that are badly needed to fix this flawed bill. that would be a major problem. we don't need as mark said don't need to start new entitlement programs and we certainly don't need to have the bottom line effect what mark meadows was talking about that prices of insurance don't go down, so there are things that have to be
done, have to be included but we got a starting point and i think midst the harsh ex-cements we have a racehorse, and we'll get it done. about eight years back in how we started to do health care reform about eight years ago, the heads of insurance companies walk into the white house looking at their shoes and something was wrong there and eight years later the head of aetna says we're in the death spiral and what they arranged eight years ago obviously didn't work, top down government control especially at the federal level does not work. we've seen that. and so now interestingly the press comes and says hey, the cars in the ditch, how are you guys going to fix it in two
weeks? and the answer always would be we should have done free economics and free economic health care in the past 20 years, we focused on 18 million coverage, not on the prices and now health care costs going up 25%. the speaker, health insurance premiums price cost going up 25%. the goal has shift the cost curve down, all of you in the press can hold us accountable to that, that means not a reduction in the rate of increase, not down to 15%, it means costs go down by negative 1% and that's what the american people are dying to see. it happens with cars, cds, we have people sending us examples,
$150,000 haer $150,0 $150,000 heart procedure here cost costs $15,000 in india. it would make that much easier to solve with the cost issue. just so we have the numbers there straight, we currently have $100 trillion unfunded mandatory spending problem in this country, we promised $100 trillion to the next generation, the federal government created that problem. now we're going to create another entitlement on top of 100 trillion, in your reporting that context is very important to lay out. one of the goals we have or at least i have is i want to push as much of this down to the state level as we can. the federal government being in charge. we have a unique capacity to
print money, the states have to run a balanced budget i trust them more to be fiscally responsible. those are some of the major ideas not tinkering around the edges, what it means to do free markets and put in the mechanisms to make sure that becomes reality. thank you. >> tom garrett. i want to thank congressman jordan, senators lee and paul, my cohorts in the freedom caucus for having me here today's. this is simply too important to rush through. the proposals that came out yesterday were shrouded ain a cloak of seek -- secrecy, the debate must be had to work within the frame work division
of our founders. we know historically freer markets and i understand it's not a commodity like sneakers but lead to lowerer costs and can do this without creating entitlement. the eighth wealthiest individuals on the planet erts had to put the united states currents debt in liability and perspective imagine that we can extract every dime down from wealth and the eighth wealth yes, sir people in the planet and apply that to current standing debt. what percentage of our debt do you think that would pay off? pay off under 10%.
we hear the use unsustainable again and again and again in this town and some things really are and new entitlement programs and spending true is and we can curve the cost curve downward and do so without further incomberring other places. we're resolute and will stand here and do what's right not just for today but for posterity. thank you very much. >> mr. john parkinson -- go ahead. i heard you guys using the optimism that the president would negotiate with you, but today he had a tweet he term d this as a wonderful bill. do any of you want to use that term? >> no, but there are
improvements in the legislation from the leaked draft but there was a wonderful bill that ever single republican voted on just a few months back and tomorrow senator paul and myself will be introducing that same piece of legislation and that is exactly as i said earlier consistent with what we told the american people we were going to do, repeal obamacare, how about using the bill we all supported then replace it with something we actually believe is going to lower health care cost? >> mr. jordan can you talk to mr. jordan and mr. me doadows y met with the vice president, he said this is the bill when i hear all of you talk it sounds like you were trying to get somewhere where you can support a legislative product here at the end of the day but as you just alluded to mr. jordan and mr. garrett said this, wrote this in the dead of night so on, so forth so why would you trust
them? >> chad, of course we're trying to get somewhere to repeal obamacare, we know what the disaster this has been for the american people, they spoke loud and clear on november 8th, but mr. garrett's comments were right on target, doing it right. that's why we're going to introduce our legislation tomorrow. that's why we think the two pieces of legislation that mode.
how we can look at repealing fully and replacing the affordable care act in a meaningful way that drives down premiums. so -- >> thank you, everybody. and mike pence is going to be here in a few minutes. we miss mike when he's not around. [ laughter ] >> so, i want to thank the members of the house deputy whip team. they'll be very important over the next number of months. we have a great team and we're going to have a lot of victories, a lot of wins, but we have a great team. together we're going to do incredible things for the great citizens of our country. as i said during my joint address to congress, i think you mostly liked that, right? >> liked it a lot. >> we're witnessing a renewal of the american spirit, a surge of optimism and a new national pride which is sweeping across the land. i see it. there is such spirit whether it's for the business things we're doing or whatever. it's such spirit that we haven't
seen in the country in a long time. jobs are pouring back. you saw what happened with exxon where they just announced a massive jobs program. we're going to have some fun. now, we have to remember obamacare is collapsing and it's in bad shape, and we're going to take action. there is going to be no slowing down. there is going to be no waiting and no more excuses by anybody. we're all now -- i can proudly say i'm a politician, i'm a politician, but we're going to get it done. and you're the leaders that really will get it done for all of us and for the american people. obamacare is in very bad shape. i believe that if we wait two years it will totally implode. it's really pretty much imploding now, steve, when you think. but it will implode and people will be like, please help us, please help us, and that will be the democrats asking for help. they already are asking for help in the true sense of the word because it's a disaster. the insurance companies are
fleeing. some states are up over 100% in costs. the deductibles are through the roof. you don't even get to use it. so, we're going to do something that's great and i'm proud to support the replacement plan released by the house of representatives and encouraged by members of both parties. i think really that we're going to have something that's going to be much more understood and much more popular than people can even imagine. it follows the guidelines i laid out in my congressional address, a plan that will lower costs, expand choices, increase competition, and ensure health care access for all americans. this will be a plan where you can choose your doctor. this will be a plan where you can choose your plan. and you know what the plan is. this is the plan. and we're going to have a tremendous -- i think we're going to have a tremendous success. it's a complicated process, but actually it's very simple. it's called good health care. so, i want to thank you folks
for being with us today, ladies and gentlemen, and we will do something really, really important and really good for the american people. i think it's going to go very quickly. i hope it's going to go very quickly. as you know, after that we work on the tax cut. we're going to be planning a major tax cut. i know exactly what we're looking at. most of us know exactly the plan. it's going to put our country in great shape and we're going to reduce taxes for companies and for people, and i can use the word again, massively. it's going to be a big tax cut. the biggest since reagan, maybe bigger than reagan. so, i look forward -- i really look forward to working on that but we can't really get to that unfortunately because of the way your system works. we can't get to that until we take care of health care. so, we'll take care of the health care. i appreciate your great support and let's get it done. thank you. thank you all. fantastic. thank you. >> mr. president, thank you for having our deputy whip team to the white house.
and thank you for your commitment on following through on what to most americans is probably one of the most important promises that was made not only by you, but by all of us in getting this majority both in the house and senate and the white house, and that is rescuing the american people from the failures of obamacare. we've heard the message for years. we've seen the dramatically skyrocketing costs. you're seeing double digit increases every year in most parts of the country in health premiums for families. many families are seeing deductibles that rise a bofrm the $10,000 range which means people don't have access to health care. people don't have the ability to choose their own doctor. you talked about this the other night and one of the best speeches i've heard from a president standing at that well in the house chamber when you addressed the joint session and gave an inspirational speech to the country and laying out the things you're going to do to get the country back on track and create jobs and to secure america. one of the things you talked about is how it's wrong
unelected bureaucrats in washington tell you what you can and can't buy for your family in health care, one of the most personal decisions families make. this bill finally starts the process of not only repealing obamacare, but also replacing with reforms that put patients back in charge of their health care decisions. that lower costs for families. let them actually choose the decisions between them and their doctor which is so personal. and so as we start this process, the people in this room, the chief deputy whips are the ones that are going to be working directly with members to ultimately pass this bill to your desk so that we can quickly provide that relief from obamacare to the people of the united states. and i know we are honored to have our former house colleague and now our vice-president of the united states who has been involved in this fight from the beginning as well, vice-president mike pence joining us, too. thank you, vice-president. >> thank you very much, steve. and again, we're going to work quickly. it's a great bill. we're going to have tremendous -- i really believe
we're going to have tremendous support. i'm already seeing the support not only in this room, i'm seeing it from everybody. and i'm seeing it from the public. i got elected to a certain extent, i would say pretty good little chunk based on the fact repeal and replace obamacare. and many of you people are in the same boat. very important, so, let's get it done. thank you all very much for being here. thank you. okay, thank you. thank you. >> thank you. >> and there you have on display the republican divide. the president and republican leadership trying to get through the republican plan and before that conservatives who do not like it and we want to continue that discussion right now. with me is peter maeries i, professor of international business at the university of maryland, david ho ppi former chief of staff to house speaker paul ryan and speaker consultant at one national health coalition. let me start with you, peter. you stand on this divide where the sort of i guess fair to say
more conservatives and the caucus stand. you don't like this plan. >> no, this is not a conservative solution. it's really not a solution at all. it's a repackaging of obamacare. it won't lower costs. if this goes through, six months from now, 18 months from now, ordinary people making $50,000 a year will pay more out of their pockets for health care. prices will be higher and the republicans will be terribly embarrassed by the outcome. >> your reaction? >> well, this is a part of a process and the first step in a process. obviously if you're using reconciliation, there are things you can do and things you can't do. but this is a start. what everybody wanted on the republican side is to change the direction from more and more government control to a patient-doctor centered market oriented system and that's what this bill starts to do. now, we will, as we work through it, there's going to be a process of marking up the bills in committees and then going to the budget committee. marking it up and going to the floor and to the senate. we have that. >> it is more market oriented. >> yes, it is, but it doesn't do
enough. and it doesn't recognize also markets aren't going to solve every problem. the president talks about interstate competition. if that would solve the problem health care prices would be lower in california and new york which are as big in some countries and near not. i don't know how creating come p/e tilgs across the maryland/virginia line does any good at all. if they won't come to bear our health care costs are higher than in germany where there is an insurance solution like ours, but they regulate some prices, then they cannot succeed. >> and i just want to say hopefully our viewers can still hear us. we had some lighting issues here. it's not personal, peter. go ahead and respond. >> the one nation health care coalition is trying to work with the people and sigh here is the direction we can go. one of the things you have to look at in the market oriented side is health savings accounts. that is an issue they're starting to build up. more options, transparency, more ways to get money into a health savings account. i think it will help in the market, it may not be perfect
if the administration was standing by that tweet which sean spicer said the president is, then why could congress then need to investigate if this information already exists? the press secretary talked a little bit about the issu i have to listen to the vshage again, the transcript, but he talked about credibility and the idea there is a separation of powers as well. we also talked a little bit about the idea that hey we are in tax season, tax day is just over month away. will the president release his returns from this most recent year? the president secretary said he would got back to us. and then is the president still under audit for past returns? the press secretary confirming he indeed is. >> a separation of powers, and they don't want to be perceived as directing congress to investigate in a certain way. harold ford is this going to dog them much longer? >> it will. the question by halle and the other young lady spelled i out. i think the health care the governors will be the ar about iters, where the rubber meets
the road. the republicans and moderates and conservatives alike, but governors will have the phone say in what happens here. >> two major stories. first health care, the other what exactly is going on with wiretapping. both of those dominating the white house press briefing. and both of those things that my colleague kate snow is going to be talking about in just a moment. i'm katy tur. that will do it for me. kate take it away. >> i feel like i'm crashing the party. great discussion. we will take it from here. good afternoon, everyone, i'm kate snow. our top stories this hour. seven years in the making, republicans launching a full-court press to promote their new obamacare replacement plan. party leadership, even the white house now getting involved. but not convinced, a big chunk of the gop. this hour, in about 30 minutes from now the house freedom caucus as long with tea party senators will faulk about why they think this isn't the right way the repeal and replace. later on, the carson
controversy. in his first address to his new department, housing and urban development, carson referred to slaves as immigrants. a lot of blowback over his comments. we have a lot to get through. our team is in place. chris jansing, kasie hunt, perry bacon, nice to see him again. let's start off with a hard look at what is in this obamacare replacement plan. before we get started here i want to run through the basics of the new bill. no more individual mandate. coverage for individuals with preexisting conditions is still in. young people can remain on their parents coverage until age 26. the expansion of medicaid that happened under obama, that gets frozen in 2020. and people who let their coverage lapse could see their premiums go up by 30%. finally there is still a system of tax credits to help pay for health care on the individual market but those credits are now based on age.
that is something we will really dive into. you are going to want to sti with us for in a, what does that look like, how does that work? let me start with our panel, chris janszing at the white house. this hour we are expecting senator rand paul and the freedom caucus from the house who have concerns about this bill -- we are expecting them up on capitol hill. is the white house feeling confident right now about getting this through congress. >> when you heard them talk about it, and we finished this briefing that called secretary tom price they said that they are going to work this through and just didn't seem to be concerned about what the obvious problem is with this, and that is that on both side of the house and the senate you have republicans in numbers that threaten this bill who are against it. you mentioned for example, that you have this press conference that is coming up.
i talked to rand paul on friday. for him and other like minded conservatives this is nothing more than entire entitlement program. it doesn't accomplish why they wanted to get rid of obamacare in the first place. that was the cost. you heard the acknowledgment they don't have any kind of estimate from the congressional budget office. when mick mull vinny went out for the white house today to talk about it he acknowledged they didn't know what the cost is. and on the senate side you also have four members of the senate who sent a her letter because they are concerned about medicaid expansion in their states. they are worried about people losing coverage. so even though you have this situation where the president it sunds like is completely all in. as sean spicer put it there is going to be a very aggressive laser like focus on this it has involved tweeting, heating with health care people,nd it looks like he will be in charge with
when i spoke to him a couple minutes ago. hi mr. vice president. is this plan conservative? >> i'm sorry? >> this health care plan is it conservative? >> this is the right plan for america. it is a framework we believe will repeal obamacare which has been a disaster. >> heritage says it doesn't do that, heritage action. >> and we'll replace this with a plan that will handwritings the power of the free market, will give states resources and flexibility to reporm medicaid, will help americans be able to purchase health insurance but the cost of health insurance will go down. we are looking forward as i told leaders in the senate today 50i78 going to be meeting with members of congress this afternoon, we really do believe this is a historic opportunity the repeal the failed policies of obamacare and replace it with the kind of reforms that will lower the cost of health insurance en while we insure that the most vulnerable have
access to better coverage through medicaid and greater state flexibility. >> where are conservatives so opposed? >> i think we are early in the legislative process. and the president has made it clear we are open to ways to improve the bill but we believe the american health care act is the right framework for replacing obamacare. in the days ahead the president and i look forward to making that point the members of congress and the people of america. >> thank you, i appreciate it. of course the key there they are very early in this process, they seem to be open to making changes or adjustments. but at this point it is becoming more difficult to figure out how they square getting it through the house of representatives where you have pressure from conservatives and then sending it over to the senate where you already have a group of four senators writing letters saying look if you end this medicaid expansion it's going to be really tough on state budgets and potentially hurt low income americans. so that's very difficult. and any one of these political
calculations can make something like this completely fall apart. you remember i covered the beginning to the end of passing the affordable care act, obamacare, back in 2009. and that was something that took an incredible amount of arm twisting from nancy pelosi who of course was speaker of the house. she was question -- that is something that dpemts and republicans agree she is very good at. you had a president who was at the height of his popularity right after the election. those things do not necessarily exist right now for republicans on capitol hill. speaker ryan is dealing with a caucus that's much more kind of fractured. the way he has dealt with them has been to kinds of devolve some power. it's unclear if that strategy is going to work this this case. president trump doesn't have the same popularity nowhat president obama had at the time. and all of that could really put all of thisn jeopardy, kate. >> perry bacon, you wrote on 538 about all of this, about the seven groups that could
complicate gop plans to repeal obamacare. i want to run through your article. you said older americans because they could be charged more than younger people. you said conservative lawmakers, because it doesn't go far enough in getting rid of medication expansion for some of them. you said governors, you say you think some governors think it's stingy on medicaid. another group you are looking at is people getting affordable care act coverage particularly those with low incomes because they might not get as much help as they did. voters, democrats who don't want to see changes to the law because they like obamacare as it is. and people who support abortion rights or planned parenthood because federal plans are cut off to planned parenthood for a year through medicaid. which is the biggest challenge? >> we are talking about a process in congress. the biggest problem i would say is that moderates in the senate thinking it's too conservative,
house members thinking it's not conservative enough. i would say older people. the aarp is organizing against this bill bus it lets you charge older people more than younger people. aarp is an influential group. i think it matters lot, too. one thing in favor of the bill passing, the republican heeders and white house view it this way, custom is that most republicans in congress ran on repealing obamacare. republican leaders view this as we dare you to go on the floor and vote against obamacare after what you promised your constituents. they have with one advantage which is that the republican voted to changing and revealing obamacare and most members don't to vote against an obamacare peal. >> chris jansing a the white house,ore he took office, president trump said he had an alternative vision, alternate vision for health care reform. he made promises, weapon on 60 minutes and he was asked would
it be universal health care, he said yeah i really want to take care of everybody. those were his words. he even said he didn't care if it got him votes or didn't. now he is tweeting he is going to negotiate with congress. mike pence saying this is the beginning of a process. is this a shift away from the big promises he made on the campaign trail? >> yeah, i mean this was a central focus of his campaign. anybody who went to or saw any of his rallies saw this was one of the bige cheer points. this always got a huge reaction, that he was going to get rid of obamacare. and that he had a plan. i mean, remember, he also gave a newspaper interview where he said he had a plan that was going to cover everybody. in january he talked about that plan. now it looks as though that plan doesn't exist. he is adopting this. and we have heard really, about sort of the genesis of how this all came to be today with the hhs secretary tom price who was asked about his support for
this. let's play what he had to say as the voice of this administration right now for this health care change. >> do you support everything that's in the bill sitting on the table. >> this is a work progress. it is a legislative process that occurs. we will work with the house and senate. >> another way to look at it is, kate, this is reality sinking in for this white house that has so few people who have ever been through this process before, that they are realizing how complex this is. you know, there were a lot of people who either laughed or mock the fact when the president said he didn't real how complicated that was going to be. there is no doubt this is one of the most complicated pieces of legislation that we have seen in recent years. and by the way, if it does get repealed, it would be unprecedented. we have never seen a major program like this that affects millions of people that then has been taken off the table. and obviously, that's part of
the concern that we have been talking about for some of the lawmakers. >> chris jansing, kasie hunt, perry bacon, thank you all so much. appreciate it. up next we are going to kick in on one of the fine points in that stack of papers that you saw at the white house. that's the house's obamacare repeal bill. the bigger stack is the old obamacare. we are going to talk about tax credits, which existed in both plans, and what does it mean what they are trying to do now? what exactly will those tax credits look like? how will they work? when we come back. but our past is just that, past. we are pioneers. so our greatest achievements can't lay behind us, because our destiny lies ahead. that's what it means to drive the world forward. that's what it means to dare.
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you are looking live at a shot outside the capitol building. war going to see the freedom caucus there and also conservative senators talking about the white house bill and their reservations -- i should say representatives. the new republican bill krnly introduced in the house provides tax credits. i want to bring in ali very well shy. you get them up front. >> a refundable tax credit is generally something you have to file a tax return for. >> right, you get it litter. >> this is called an advance refundable tax credit. under obamacare when you sign up for insurance you could apply
the tax credit immediately. we haven't gotten the nuts and bolts but this is an advance refund. you get it at the front ends. that's how it's supposed to work. if you are 20 years old you get $20,000 as you get older it increases. now at 20 -- i've been looking around. it's hard to get a full $2,000 . of the at 60, there is zero chance you are getting a policy for $4,000. it might be a catastrophic policy but not going to cover nearly everything of as you earn more you will start to see them decrease. for individuals earning $75,000 or couples earning $150,000 they will not get the same size of tax credits. here's the interesting part. under obamacare for a 27-year-old let's say, healthy, earning $20,000, on the low end they had they would get $3325 a
year in sub sid sees under obamacare. that person is now going get $2,000. >> if you are making $20,000 and 27 years he would. >> $20,000 for a 27-year-old assuming you are relatively healthy. under obamacare you were getting 3225 in subsidies and credits. >> to put towards health care. >> right. under the new plan you get 2:2,000. what this leads one to understand after studying it if you are ill don't earn much money or if you are old this is not going to be great for you. there is stuff we haven't touched on yet, medicaid changes that's going to affect a lot of the poor. this is not a great thing for people who don't earn much money are sick or are old. >> it's hard to generalize because the a lot of the devils are going to be in the details. >> there are going to be outliars on all sides of this thing but when you generalize this is what you can come up with. >> this is instructive. just seeing an example of one
particular kind of person. ali thank you so much that helps me get my head around it. earlier in the show -- in fact, now -- teleprompter is wrong right now. let me talk about who we are going to join next. it's tim live isser who knows a thing or two about one particular group of people that might be affected by this new health care plan. that i people with disabilities. he of course is with the special olympics and joins me now. tim, nice see you. >> thanks for having me. >> let's talk about the group you work closely with. people with disability. when you saw this new house plan what was your first thought? are there some good things? are there some concerns? >> we are all learning. i think it's very early days. i think one of the great things that this president has done is inspired so many people to take an interesting in the legislative process. i suspect this draft will be the most read draft of a piece of legislation in the last ten years, especially by people
under 30. we are welcoming the process of elevating the needs of people with issues in abilities in this process. from what we can see there are reasons for concern. when you see caps on medicare expansion. when you see restrictions on some of the benefits that will accrue with people with disabilities you start to get concerned. frankly i think all americans would be concerned by this. they are respectful and decent people they want to look at a person who has down's syndrome and they want their country to be a place where they can get health care. >> where are you getting those concerns specifically? you mentioned caps, right, potentially on -- is that what you mentioned? >> i would say i'm not a policy expert in its early days. we are seeing the potential to restrict medicare funding after 2020. medicare funding do as lot of things. >> you are talking about medicaid. >> excuse me. i said medicare.
medicaid. my mistake. the caps there, some of those services include school based health care services, transportation and early childhood supports that come under medicaid. these are critically important for people with disabilities. they have been expanding in recent years with bipartisan support and we would not want to see those rolled back. >> let me ask you this. they have preserved key things in obamacare, right, which is if you are 26 -- up to age 26 you can be on your parents' health care plan. and the key thing i would think for the commune of people with disabilities is that preexisting conditions don't count against you when you are treeg to get insurance. >> that's right. and that was a huge -- i mean, i consider that one of the great legislative achievements that follow a long list of achievements, ford signing the bill integrating our schools. bush, signing the bill for the americans with disabilities act.
deinstitutionalizati deinstitutionalization. this notion of deexcluding people with preexisting conditions opened up this to the world of people with disability. although i don't think most people understood when that was passed it was part of the affordable care act. i think most americans would degree it's important the keep it. >> there is concern about these families. i think about the caregivers. i have done reporting about people for example, of people with autism, who after 21 they are out of the health care system and their parents have to take time off of work, they have to dedicate their lives to helping their kids. >> medicaid be that a life line for those families. there is enough fear in the culture already. there is enough bullying in our culture ready. there is enough uncertain for people who have intellectual and
developmental challenges and their families. i would hope this process would make sure their stories are told. in the special olympics we have launched a 15 year campaign to develop supports for people with disabilities. extra support from foundations. bipartisan. this is not a right left, red, bluish you. these are americans, donors, volunteers, who want to expand and make the world safe for people who have struggles and challenges but who also have gifts and capacity to give. our hope is that this process won't increase the fear but elevate their stories and make sure they are included in the discussion so that the people on the right and the left will protect the decent and respectful way in which most appearance would want the see them treated. >> tim schreiber great to see you. up next, ben carson's first full week as secretary of housing and urban development is off to a rough start as he face as flood of backlash for
comments he made likening slaves to immigrants. and live shot from outside the capitol where we are waiting for members of the freedom caucus to come to the micro pony with their response to the repeal of obamacare. we will bring you that live as soon as it happens. knowing where you stand has never been easier. except when it comes to retirement.
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let's look at our big three stories at the half hour right now. more than two dozen reports of tornadoes touching down across the central u.s. yesterday. hundreds of homes from damaged and destroyed. several people were hurt. none of the injuries are considered life threatening. the threat of severe weather stretched from oklahoma and arkansas northward into minnesota and wisconsin. threats against jewish community centers continued today. facilities in new york, florida, wisconsin a illinois all forced to evacuate following bomb threats. the anti-defamation league also says several of their offices received threats. meanwhile, all 100 u.s. senators urged the trump administration to take action against these threats and vandalism. they send letters to the homeland security deputy the department and the fbi calling for swift action. on friday a former journalist was arrested and charged with at least eight of the threats. however police believe he was a copycat trying to get back at former girlfriend.
chance the rapper is being praised after announcing he is donating $1 million to chicago public schools. the rapper, whose real name is chancellor bennett is from the windy city and criticized the governor of illinois after he vetoed funding for public schools. the money is coming from concert ticket sales. and he says he will add $10,000 for every $100,000 raised. >> ben carson set off a firestorm after referring to slaves as immigrants during his first speech to hud employees on monday. take a listen. >> that's what america is about, a land of dreams and opportunity. there were other immigrants who came here in the bottom of slave ships, worked even longer, even harder, for less. but they, too, had a dream. >> for more now i want to bring in roland martin. he is host and managing editor of news one now on tv 1.
roland, always good the see you. >> likewise. >> i do not need to tell you this has exploded on line. it has blown up. a lot of people are not happy about what he said. your take? >> well, it's stupid and as nine. the bottom line is ben carson, as politico is reporting has said this for couple of decades, using immigrants, it's simply flat out lie. it is a false. and you simply can't compare the two. i can tell you last night when i heard his interview when he tried to clarify those comments on armstrong williams' radio show on sirius xm radio i heard those as well and those were idiotic as well. on his personal facebook page he posted an explanation that made more sense. this is bigger than ben carson. you have seen the efforts in texas to change the textbooks where mac grau hill published the book describing the slaves as workers brought in from
america. the tea party wanted to remove that farm owners were slave owners as well. there is this of the by conservatives to somehow soften or redefine slavery. and that's why people are offended by what the secretary had to say. >> roland, i would ask so many more questions but i think we have to go to capitol hill right now. if you can pause for us. >> okay. >> we are expecting republicans now speaking out. this is members of the freedom caucus who have had concerns about the health care bill. let's listen in. >> campaign with president trump all across north carolina and one of things that he talked about was repeal and replacement. now when he said that, it took on two different meanings. repeal, to many, meant that we would repeal the entire obamacare plan. all the taxes, all the mandates, the medicaid exchanges. and when he talked about replacement, it took on another meaning to others, which it meant that we needed to cover the preexisting conditions, making sure that people didn't
get kicked off of their health care plan, making sure that there was an adequate safety net. i can tell you that those two things are still the focus of not only the house freedom caucus but my good friends senator lee, senator rand paul, and senator ted cruz. as we look at this today, we are going to be talking about a number of scores in the upcoming days. cbo scores. and what score, that this means and what does it mean for the american people. i can tell you there is one score that the american people will pay attention to. and that is, does it really lower their health care costs and their premiums? that's the only score that really matters. and if this doesn't do it, then we need to make sure that we find something that does do it. and with that i'm going to turn it over to the gentleman from ohio who plans to introduce a piece of legislation that really repeals the affordable care act
the gentleman from ohio, jim jordan. >> our goal is simple to bring down the cost of insurance for working families and middle class families across the country. in an effort to do that, we think you have to get rid of obamacare completely. tomorrow i will introduce the bill that every single republican voted on just 15 months ago, the bill that actually repeals obamacare. our plan has always been repeal in one piece of legislation and replace in another. that replacement we talked about a few weeks ago is the bill sponsored by dr. paul in the senate and mark sanford in the house. there is three plans out there. collins plan, if you like obamacare you can keep obamacare. there was the leadership plan that was brought forward which i believe when you look through it is obamacare in a different form. then there is our plan, the one i think is consistent with what we told the voters we were going do. repeal obamacare, replace it with a market centered patient
centered doctor centered plan that brings down the cost of insurance, brings down the cost of health care and prois affordable insurance opportunities for all americans. that's what we are focused on doing. think about this, he put on president obama's desk a bill that repealed obamacare, got rid of every single tax, got rid of the mandates, and now the first thing republicans are bringing forward is a piece of legislation that we are going to put on a republican president's desk that says we repeal it, but keeps medicaid exexpansion and actually expands it, that keeps some of the tax increases. th is not what we promised the american people we were going to do. our plan, repeal it -- clean repeal, just like we all voted on above. separate legislation to replace what we currently have with a model that we think will bring down the cost of premiums for the hard working people of this country who sent us here to do just that. with that i want to turn it offer to the sponsor of our replacement plan in the senate,
dr. rand paul. >> today i will introduce a companion bill also to congressman jordan's plan to have complete repeal arc clean repeal. we'll be doing this in the senate today as well. there is one thing that has united republicans in 2010 when we won the house, in 2014, when we won the senate, and in 2016 when we witness to white house. this doesn't divide republicans, this brings us together. and that is complete repeal. clean repeal. as congressman jordan said, we voted on this last year and every republican voted for it. that's what we should do again. but we are divided. we have to admit, we are divided on remaysment. we are united on repeal, but we are divided on replacement. what's the best way to get past this impasse? let's vote on what we voted on before, a clean repeal. let's separate out the replacement plans. conservatives have a replacement
plan. house leadership has a replacement plan. i'm sure democrats would like to go back and vote on the aca again. vote on all the replacement plans and see what happens. let's vote on clean repeal. the only way i think this gets done is to separate the issues. separate out clean repeal from replacement. let's got get it done. repeal unites us. i think we can get tha done. with that i'll intro senor mike lee from utah. >> what's been introduced in the house in the last 24 hours is not the obamacare replacement plan. not the obamacare repeal plan we have been 40e7ing for. this is instead a step in the wrong direction. and as much as anything it's a missed opportunity. look. we've seen what happens when congress decides to put forward a plan negotiated behind closed doors where members are told you have got to pass this bill in
order to find out what's in it. it's usually not a good product. on this topic i'm not speaking about anything that's necessarily inherently democratic or republican or liberal or conservative. this is just a common sense vauchlt that what we ought to have in congress is an it rative process one week start with basic grounding principles. the two parties are in widespread disagreement when it comes to obamacare itself. but there is one plan and only one plan that has so far passed a republican congress. it's this plg plan being reintroduced today. that plan passed with the support of every republican in house of representatives and every republican in the senate. and it did so just in the last 14 months. so i think we ought to put this forward. we ought to got it passed and then let's move the ball forward in an it rative process, a process in which people can propose different ideas that
will benefit the american people. that's what we want to do. and that's what this process, this bill, the 2015 repeal bill, would do if we were to pass it right now. it's now my pleasure to introduce my friend and counter-part in the house, congressman mark sanford from south carolina. thank you. >> about hf an hour ago, maybe less than that, about half an hour ago the produce wrapped up its daily press briefing with the press. in it it was spruinstructive int sean spicer said the health care plan being introduced is a work in progress. it's interrog that secretary price said the same thing at the beginning of the press conference. it is a work in progress. if we liken this sort of to donald trump's world of everything is a negotiation, what we have now is an opening bid. and i think what conservatives are saying is okay that's the
opening bid but based on some thing that happened whether in 2015 or principles that conservatives have long advanced might not we constructively look for ways of refining what's been introduced? that's what ultimately this press conference is all about. i think respectfully it's about asking this simple question, which is, do we need to lower the bar in what we believe as conservatives simply because a republican is now in the white house? so the bill that congressman yorn is going to introduce is all about simply not lowering that bar, of saying wait a minute, to their point, 14 months ago something was in there with unanimous accord with republicans on the house and senate side. let's stick with that plan. it's prospectively as well, in looking forward let's not lower what we believe or lower the bar on what we believe simply because a republican is in the white house on new ideas. so you look at the idea of a
cadillac bill. cadillac plant that's based in the current bill that's being talked about. i don't know. is that a lowering of the bar? you look at something like the refundable tax credit. is that lowering of the bar? it was ron reagan who said that the closest thing to eternal life is government program. guaranteed eternal life in government is an sbilg men. when we are talking about here is a new entitle men. for a variety of different reasons this is simply about going back to things and principles that long worked on the conservative side and things that republicans espoused and grabbed hold of here within the last 13 months. >> i'm louie gobert, the newest member of the freedom caucus. we are told we're known by our enemies and known by our friends. i'm proud to be known by this group of friends. i'm glad we finally got a bill out. it is not 2500 pages. it is a starting point.
some people asked what i told president trump when he came down the aisle for the state of the union. one of the things i said was you are going told we can't do some of things we did two years ago with obamace. and it was true. it is still true. so as long as we're ae to get amendments to the floor that will fix some huge problems with the bill that's now been filed, then we'll be okay. but there better not be a rule that prevents amendments that are badly needed to fix this flawed bill. that would be a major problem. we don't need -- as mark said we don't need to start new entitlement programs. and we certainly don't need to have the bottom line effect, what mark meadows was talking about that prices of insurance don't go down. so there are things that have to
be on the that have to be included. but we have got a starting point. i think amidst the horse extreatment we can find a upony around here somewhere. that's what we are looking to have, we will have a race horse as long as we can get in good amendments when we're done. >> aunk all. i think it's helpful to reflect about eight years back in how we started to do health care reform eight years ago. i think you her the heads of the insurance companies walked into the white house looking at their shoes. and something was wrong there. and so eight years later, the head of aetna says we are in a death spiral. and so the health care system they arranged eight years ago obviously didn't work. and so central government, top down government control, especially at the federal level, does not work. we've seen that. now, interestingly the press comes and says the car is in the ditch, how are you guys going to fix it in two weeks?
right. the answer would always be, we should have done free market economics and free market health care in the meantime, over the past, 20 30 years. last time what did we focus on? we focused on 18 million coverage. we didn't focus on prices or the cost of health care. now you have health care costs going up at 25%. the speaker, health insurance premiums, prices cost up 25%. the speaker said the gol is to shift the cost curve hold. all of you in the press corps can hold us accountable to that. what that means is not a reduction in the rate of increase not down to 15% growth in costs. a reduction in bending the cost curve down means costs go down by negative 1%. that's what the american people are dieing to see it. happened in every other market. it happened with cars, cd players started at $300, and now down to $30. if we are lowering costs -- a
$100,000 heart procedure here costs $15,000. that's a radical difference in costs. that's easier to solve if we would have addressed the fries and the cost issue. we currently have $100 trillion unfunded mandatory spending program in this country. we promised $100 trillion to the next generation in programs. the federal government has created that problem. medicare is insolvent, social surt is insolvent. now we are creating another entitlement on top of $100 trillion. i think your reporting needs to be clear. when we create another entitle men in the next generation. one goal we have is i want to push as much of this down to the state level as i can. the federal government has a
unique ability to print money and put it on the next generation. the states have to run a balanced bum. i trust them more in the governance to be more fiscally responsible. those are some of the major ideas. it's not tinkering around the edges. there is a philosophical difference what it means to do free markets. and we want to put in the mechanisms to ensure that that becomes reasonable. thank you. >> thank you, tom garrett from verge's fifth congressional district. i want to thank congressman jordan, senators lee and paul, my cohorts in the freedom caucus for having me here today. this is simply too important to rush through. the proposals that came out yesterday were shrouded in a cloak of secretsy that denied well over half of the house and well over half of the senate the ability to essentially participate in the process. so the debate must be had to fit within the framework envisioned
by our founders. would know that historically freer mark -- don't get me wrong, i understand that health care is not a commodity like sneakers, but freer markts lead the lower costs. and we can do this withoutet contracting a new sboolgt men. about a month and a half ago i believe objection familiar's research came out indicated that the eight wealthiest individuals on the planet earth controlled as much wealth combined as the bottom 50th percentile. that's 8 people, plus 376 billion people -- had as much welt as 3.6 billion people. to put the united states's current debt, imagine if you will that we can extract every dime from the entire 50th percentile and down of wealth and then the eighth wealthiest people and then apply that to the current standing debt, not unfunded liability, current standing debt. folks, it would pay off under
10%. we hear the usef e word unsustainable again and again and again in this town. and some things really are. and new entitlement programs and spending on top of spending truly is. we can turn the cost curve down ward and do so without encumbering future generations. it's as simple as that. i heard this characterizing this as lot of people playing a game of chicken. we are resolute and we will stand here and do what is right not just for today but for posterity. thank you very much. >> we'll take some questions. >> john parkinson, abc, go ahead. >> i heard you guys using the optimism ahead, you know, the president will negotiate with you. today he had a tweet that said -- you early theed this as a wonderful bill. do any of you want to use that term, wonderful, and if so, what parts of the bill do you think are wonderful? >> no. and there are some improvements in the legislation from the
leaked draft. but there was a wonderful bill that every single republican voted on just a few months back. and tomorrow senator paul and myself will be introducing that same piece of legislation. and that is exactly as i said earlier consistent with when we told the american people we were going do, repeal obamacare. how about using the bill we all supported? and then replacing it with something we actually believe is going to lower health care costs. >> mr. jordan, can you talk for a minute, mr. jordan and mr. meadows here about -- you said mr. meadows -- you met with the vice president. he said he is open to negotiation here. and the vice president was over in the senate, and he said this is the bill -- when i hear all of you talk, it sounds like you were trying to get somewhere where you can support a legislative product here at the end of the day. but as you just alluded to, mr. jordan, you said -- and mr. garrett said this, the wrote this in the dead of night, so on and so forth.
so why would you trust them? >> chad, of course we are trying get somewhere to repeal obamacare. we know what a disaster it has been for the american people. the people spoke loudly and clearly on november 8:. comment right on target. doing it right's important, not just doing it, doing it right. and that's what today's about. that's why we're going to introduce our legislation tomorrow. that's why we think the two pieces of legislation that mode of getting it done is the proper way to proceed, and that's why we're introducing the bill tomorrow and why we have the bill we introduced weeks before. >> trust what the vice president said -- >> of course. >> this is the bill. >> yeah, the vice president is an honorable man and we trust him. i think what there's some difference in the context of what's being said is i think the president and the vice president is saying that the foundation there is a good foundation. we might disagree on that, however, we're committed to looking at that foundation and seeing how we can modify it, how we can make sure that we look at
really repealing fully and replacing the affordable care act in a meaningful way. and so i don't know that those are mutually exclusive issues as we look at that. >> we're going to pause just for a moment here to show you on the right side of the skraen. president trump meeting at the white house there and talking a little bit about his health care plan that's come out. let's take a listen to this. >> we're going to have a lot of victories, a lot of wins, but we have a great team. together we're going to do incredible things for the great citizens of our country. as i said during my joint address to congress, and i think you mostly like that, right? >> love that. >> like it a lot. we're witnessing a renewal of the american spirit, a surf optimism and a new national pride which is sweeping across the land. i see it. there's such spirit. whether it's for the business things we're doing or whatever.
it that's spirit that we haven't seen in the country in a long time. jobs are pouring back, you saw what happened with exxon where they just announced a massive jobs program. we're going to have fun. we have to remember, obamacare is collapsing. and it's in bad shape. and we're going to take action, there's going to be no slowing down. there's going to be no waiting and no more excuses by anybody. we're all now, i can probably say i'm a politician. okay. i am a politician. but we're going to get it done. and you're the leaders that really will get it done for all of us and for the american people. obamacare is in very bad shape. i believe that if we wait two years, it will totally implode. it's really pretty much imploding now, steve, when you think. but it'll implode and people will be like please help us, please help us, and that'll be the democrats asking for help. they already are asking for help in the true sense of the word. because it's a disaster. the insurance companies are
fleeing. some states are up over 100% in costs. the deductibles are through the roof. you don't even get to use it. we're going to do something that's great and i'm proud to support the replacement plan released by the house of representatives and encouraged by members of both parties, i think really that we're going to have something that's going to be much more understood and much more popular than people can even imagine. if it follows the guidelines i laid out in my congressional address. a plan that will lower costs, expand choices, increase competition, and ensure health care access for all americans. this will be a plan where you n choose your doctor, this will be a plan where you can chse your plan. and you know what the plan is. this is the plan. and we're going to have a tremendous, i think we're going to have a tremendous success. it's a complicated process, but actually it's very simple. it's called good health care.
so i want to thank you folks for being with us today, ladies and gentlemen and we will do something really, really important and really good for the american people. i think it's going to go very quickly. i hope it's going to go very quickly. as you know after that we work on the tax cut. we're going to be planning a major tax cut. i know exactly what we're looking at. most of us know exactly the plan. it's going to put our country in great shape and we're going to reduce taxes for companies and for people. and i can use the word again, massively, it's going to be a big tax cut. the biggest since reagan, maybe bigger than reagan. i look forward, i really look forward to working on that. we can't get to that unfortunately because of the way your system works. we can't get to that until we take care of health care. so, we'll take care of the health care. i appreciate your great support and let's get it done. thank you. thank you all. fantastic. thank you. >> mr. president, thank you for
having our deputy whip team to the white house. and thank you for your commitment on following through on what to most americans is probably one of the most important promises that were made not only by you, but by all of us in getting this majority vote in the house and senate and the white house. and that is rescuing the american people from the failures of obamacare. we've heard the message for years. we've seen the dramatically skyrocketing costs. double digit increases every year in most parts of the country in health premiums for families. many families are seeing deductibles that rise above the $10,000 range. which means people don't have acce to hlth care. people don't have the ability to choose their own doctor. you talked about this the other night, and just one of the best speeches i've heard from a president standing out that well in the house chamber when you addressed the joint session and gave an inspirational speech to the country laying out the things that need to happen and that you're going to do to get this country back and track and secure america. but one of the things you talk abouted is how it's wrong that
unelected bureaucrats in washington have the ability to tell you what you can and can't buy for your family in health care. one of the most personal decisions families make. this bill finally starts the process of not only repealing obamacare, but also replacing it with reforms that put patients back in charge of their health care decisions. that lower costs for families. let them actually choose the decisions between them and their doctor which are so personal. and so as we start this process, the people in this room, the chief deputy whips are the ones that are going to be working directly with members to ultimately pass this fwoil your desk so that we can quickly provide that relief from obamacare to the people of the united states. and i know we are honored to have our former house colleague and now our vice president of the united states whose been involved in this fight from the beginning as well, vice president mike pence joining us too. thank you, vice president. >> thank you very much, steve. and again, we're going to work quickly. it's a great bill.
we're going to have tremendous -- i really believe we're going to have tremendous support, i'm already seeing the support not only in this room, i'm seeing it from everybody and i'm seeing it from -- look -- >> now old news -- >> i got elected to a certain extent. pretty good little chunk based on the fact, repeal and replace obamacare. and many of you people are in the same boat. very important so let's get it done. thank you all very much for being here. thank you. >> okay. thank you. thank you. >> thank you. >> thank you. >> okay. let me walk you through what we just saw. that's president trump at the white house meeting with members of the republican house leadership. they call them the whips office. those are the folks on capitol hill who are noent kind of whip up the votes and help pass legislation through the house. you heard from steve scalise, he's the house majority whip and you heard from the president saying we have a lot of support saying that this is a plan that we can back. i'm proud to support the replacement plan released by the house were the words of the president just before that
though, i would note that we were hearing from members of the house and two senators, members of the freedom caucus, conservatives who have a lot of concerns about this health care plan. we heard them speaking on capitol hill, eight of them spoke before the cameras. i want to bring in now nira tandem. she served in the obama administration as a senior advisor in the health and human services department where she worked on the affordable care act in the beginning. bill ystal, founder and editor of the weekly standard. bill, i want to go to you first, that was quite a jux position what we just heard. members of the house and senate saying we have some problems here. we're not ready to support this, it's too important to rush this through and the president saying everything's fine. >> a lot of republican members in the house especially are going to have indigestion tonight trying to figure out -- they don't want to derail the first major piece of legislation tabled by the speaker of the house and supported by the republican president. they had deep concerns about the bill that was just unveiled
monday night being rushed through in this way. mark-up is tomorrow, one of the most effective criticisms of obamacare which seems to be all these deals under the table and late at night and rush votes. i wonder what's going to happen. this is a big moment though and you saw serious members of the house, jim jordan and serious senators for the first time breaking with their republican president, president trump. >> and let me get your take on this, you worked on obamacare, you know how hard it is to make the sausage, right, to get something through. republicans would say, look, they've got the majorities, they can do this. it might take a while, but they can do it. >> yeah, i think what you've seen over the last 24 hours is how difficult this process is. i mean, we passed the affordable care act and there was ewe nam anymorety on the divisions. and it was not an easy feat. it is really hard. but we did not have this level of disagreement. there is not just disagreement between the trump administration and the trump white house and
mexico and canada, and it's now before them and they'll have to make a decision. but that's one the farmers love, the manufacturers love, the unions love. it's a great deal for this country, and nafta was i think one of the worst trade deals ever made. made the wto was worse, the wto from the time that happened in '95. from the time that happened china baem like a rocket ship. it was pretty much flat lined and all of a sudden it joined the wto and they became -- i mean they went through the roof. and very much to our liability it's -- we lost tremendous amounts of money over the -- from that time we just lost tremendous amounts. it was a terrible deal, wto world trade. and if you look at nafta, nafta has been a disaster for our
country. the usmca is a great deal for our country. i think canada is happy, but they're not happy like we're happy, but they're very happy. it's a good deal for canada, a good deal for mexico. mexico just approved it, and canada is waiting for us to approve it. and it's with the prime minister just left him a little while ago, and they're thrill would the deal and everybody wants it. and hopefully it'll be a bipartisan deal. i told that to nancy pelosi. i said view this as a bipartisan deal because a lot of democrats want it i would say especially the farmers but really the industrial areas also. the unions, we have things on wages and the environment that few people have ever been able to get into an agreement. and it's a very big deal. it's a very big deal, and it's a great deal. tremendous support so they have to put it up for a vote, and i
think you'll get a great vote in the house and you'll get a great vote in the senate. and you'll have a tremendous trade deal between the united states and canada and mexico. and it's going to be something very special. so we spent a lot of time with a lot of countries. we do business with a lot of them. australia is an example. japan, we're negotiating with them because they send us millions of cars and we send them wheat, which doesn't work. but what happens is japan is -- you saw some of the things you're doing, but they're opening up many car companies and factories and plants throughout our country especially in michigan. we have a lot of activity in ohio. beyond japan activity we have a lot of activity now where companies are coming pack to our country with the hottest show in town. we're the hottest show in the world right now. our economy is one thing that virtually every leader i dealt
with said congratulations, it's incredible what's happened to the american economy. we're the best economy in the world. and it started from election day. i put it out yesterday because we took a trumepd s boost from the day after i got elected, the stock market went crazy from that point until essentially now. we hit the all-time high again for many, many times. i can't tell you what it was but many, many times we broke the record. and we're -- our stock market is great, our jobs are great. we're at the best job numbers essentially we've had the minimum you could say is in 51 years but now it's going to be more than that. african-american, asian-american, you saw that. hispanic, american. the best numbers in history, the history of our country we have the lowest unemployment numbers, the best number.
and many other steel blue collar workers are doing fantastic. they're the biggest beneficiary of the tax cuts. blue collar, we talk about for the rich and it's really for everybody. and it's also for big companies when they're moving here. and remember who owns the stocks because the people who own the stock it's not the big companies but numbers whose 401 ks are at all different numbers that are tremendously high where the other spouse thinks that the spouse that's investing in the 401k is a super genius, but those 401 ks are very high, but if you've been listening to what i've been listening to but with that kind of attitude their 401ks would crash and the market would crash. because what they want to do you would crash the market and the amount of wealth that would be lost would be incredible. but i'd rather wait until later
in the campaign to say that, because to be honest with you i want them to go and take these policies -- i don't want them to change them anytime soon. but it's very interesting to watch what's happening. with that, we'll take a few questions and then i'm heading out to south korea. and i may or may not see kim jong-un, but we'll be heading out to south korea, spend about a day and a half there with president moon who's a really good guy. i saw him, i met with him also, and we'll see what happens. >> mr. president, thanks so much for joining us here. we all appreciate it. it's always good to ask questions directly. can you tell us more how this china deal may work going forward because chinese officials have told fox news
they will not make concessions until all the tariffs have been lifted. they want huawei, want you to take it off the black list. they want you to stop pursuing extradition. can you tell us how you see all this unfolding and if you do meet kim jong-un at the dmz tomorrow would you step across the border with north korea? >> sure, i feel very comfortable doing that. i would have no problem. with respect to china, basically we agreed today we were going to continue the negotiation, which i ended a while back. and we're going to continue the negotiation. we agreed i would not be putting tariffs on the $325 billion that i would the ability to put on if i wanted. that we're -- you know, we're fairly advanced depending on where you want to look at and where you want to start, pretty advanced. we discussed -- we did discuss numerous other thing.
we mentioned huawei. i said we'll have to save that to the very end. we'll have to see. one of the things i will allow, however, a lot of people are surprised we send and we sell to huawei a tremendous amount of product that goes into the various things they make. and i said that's okay, we will keep selling that product. these are american companies, john, that make product. and that's very complex, by the way. highly scientific, and in some cases we're the ones that do it, and we're the only ones that do it. we're the only ones with technology. what we've done in silicon valley is amazing actually, and nobody's been able to compete with it. and pretty easily i've agreed to allow them to continue to sell that product so american companies will continue. and they were having a problem, the companies were not exactly happy they couldn't sell because they had nothing to do with whatever was potentially happening with respect to
huawei. so i did do that. we talked about education and students. someone was saying it was harder for chinese students to come in, and that's something that if it were, if somebody viewed it that way, i don't. we want to have chinese students come and use our great schools our great universities. we did discuss it. it was brought up as a point and i said that would be just like anybody else, just like any other nation. and we're actually going to a point where we're looking for you graduate from a college because our great companies would talk about silicon valley and other places, we have a problem in our country that you graduate number one in your class from the best school in the country and they say you have to leave. we can't keep them. and we're going to make it -- we're going to call it the smart persons waiver, but we're going to make it so that they can not
only stay but maybe they have access to green cards. we've got to keep these people here. sure, that could happen. but we're holding on tariffs and they're going to buy foreign product. but that could happen, john. this doesn't mean there's going to be a deal but they would like to make a deal. i can tell you that. and if we could make a deal, it would be a historic event. we've never had a deal with china. we've had tremendous deficits, tremendous amounts of money was put into china, 500 million a year. and i mean not just surplus and deficit, i'm talking about real hard cash. and it should have never, ever been allowed to happen for all of our presidents over the last number of years. go ahead, please. >> yes, mr. president. from the voice of america. after your discussions with prime minister abe here are you
still thinking about withdrawing from the u.s.-japan security treaty, and what did the prime minister say to you about that? >> no, i'm not thinking about that at all. i'm just saying it's an unfair agreement and i've told him that for the last six months i've said, look, if somebody attacks japan, we go after them, and we are in a battle full force. in effect, we are locked in a battle and committed to fight for japan. if somebody should attack the united states, they don't have to do that. that's unfair. that's the kind of deals we made. every deal's like that. i mean it's almost like we had people that they didn't either care or they were stupid. but that's the kind of deals we have. that's just typical. i told them, i said we're going to have to change it because, look, nobody's going to attack us i hope. but, you know, should that happen, it's far more likely it could be the other way.
but should that happen and somebody attacks us, if we're helping them they're going to have to help us and he knows that, and he's going to have no problem with that. yes, please. >> thank you, mr. president. i actually have a russia question, but i wanted to quickly clarify is -- case also going to need to wait until the very end, or is it possible the u.s. would want to drop the extradition. >> what? >> ms. may from -- >> we did discuss huawei, but we didn't discuss her situation. >> thank you. on russia respectfully it seemed like maybe you didn't really mean it when you said yesterday don't meddle in our elections, mr. president and then you start laughing. >> you're going to have to take a look at the words. i did say it, and we had actually a great discussion president putin and myself. i thought it was really a trumenace discussion.
i think they'd like to do trade with the united states and they have great product. they have great land. they have very rich land, a lot of oil and minerals and the kind of things we like. and i can see trade with russia, we could do fantastically well. we do very little trade with russia frankly. so i could see some positive things happening. as for your question, though, i did say it and i did discuss it a little bit after that, too. >> yesterday former president jimmy carter suggested your presidency is illegitimate and you only got the white house with help from russia. >> russia, russia, isn't it crazy? jimmy carter, look, he was a nice man. he was a terrible president. he's a democrat, and it's a typical talking point. he's loyal to the democrats, and i guess you should be. but as everybody now understands
i won not because of russia, not because of anybody but myself. i went out, i campaigned better, smarter, harder than hillary clinton. i went to wisconsin. i went to michigan the night of the vote. i had 32,000 people at 1:00 in the morning on election day. i won michigan, i won wisconsin, i won pennsylvania. i won states that traditionally haven't been won by a republican, for many years haven't been won by a republican. and this had nothing to do with anybody but the fact i worked harder and much smarter than hillary clinton did. now, i'll say this. jimmy carter, i was surprised that he would make a statement -- i saw it, it was not a big thing but i saw the statement. a lot of democrats like to make that statement. he's been trashed within his own
party. i felt bad for him because you look over the years he's virtually like the forgotten president. and i understand why they say that. he was not a good president. look at what happened with iran. that was a disaster. what iran did to him, they tied him up in knots. the reason ronald reagan probably became president. so, you know, it's a democrat talking point. yeah, please, go ahead. jim. >> yes, mr. president, if i could follow-up on the question about your comments with vladimir putin about russia meddling. you did seem to be joking there with the russian president. are we taking that to be wrong? and what is it with your coziness with some of these dictators and autocrats at these summits? with mohammed bin salman the crown prince of saudi arabia, when you were asked about the case of jamal khashoggi, you did not respond to that question -- were you afraid of offending him on that subject?
>> no, not at all. i don't really care about offending people. i sort of thought you'd know that. >> well, you passed up an opportunity -- >> by the way, congratulations. i understand you have a book. is it doing well? >> it's doing well. >> i want to see it. send me a copy. no, i get along with everybody except you people, actually. i get along with a lot of people. i have a tremendous relationship with president xi. nobody else would have the deal that we have. we're getting tens of billions of dollars from china coming in, and despite that we're moving along towards something that could be very historic. but i get along with president putin, with mohamed from saudi arabia. look, i spoke to saudi arabia when the oil prices a year ago were getting very high. and i wasn't so nice. and i said you've got to get
some more oil into the system because what's happening is no good. and they did, and people are driving at, you know, very low numbers right now. in the old days you'd have spikes where the gasoline went to $5 and more and it wasn't so good. but i also get along with people that would be perceived as being very nice. you have a lot of very nice leaders of countries -- wait a minute, i was with prime minister may today. i was with so many. you take a look, the new head of australia, look at japan. abe, prime minister abe is fine -- they're all fine. some are stronger than others, some tough than others. >> it i may though, mr. president, on the case of jamal khashoggi you have a lot of journalists in this that reject to be the saudi governments assassination and dismembering of a journalist. and when you were given the
opportunity to call mohammed bin salman out on that you did not do it. did you do it privately, and do you agree that it is despicable for a government to kill a journalist? >> yes, i do. i think it's horrible or anybody else, by the way. but i think it's horrible. and if you look into saudi arabia you see what's happening. 13 people or so have been prosecuted. others are being prosecuted. they've taken it very, very seriously and they will continue to. i'm very unhappy about that whole event. and right now in saudi arabia they're prosecuting additional people. there's a lot of things happening. at the same time i will also say -- and nobody said -- nobody so far has pointed directly a finger at the future king of saudi arabia. i will say i spoke to his father. jim, i spoke to his father in
great length. they've been a terrific ally. they're creating millions of jobs in this country. they're order not only military equipment frut $400 billion worth and actually even more than that over a period of time worth of different things. and with that being said i'm extremely angry and unhappy about a thing like that taking place. but as of this moment more than 13 people are being prosecuted, and i hear the number is going to be going up. but it's a good question. yes, please. >> thank you, mr. president. with shanghai media group. very quickly you note the further escalations of trade tensions with china, and cuyou share some details with your interaction with president xi this time? and also if i may another quick question on north korea. do you think it's possible there will be a third one-on-one summit with chairman kim within
this year ? >> it might happen tomorrow. we won't call it summit, we might call it handshake. i wouldn't mind doing it at all. i'm literally visiting the dmz and so -- but i will for your question about president xi, he's a brilliant leader and brilliant man. you know better than i he's probably considered to be one of the great leaders in 200 years in china, and we just have a very -- he's strong, he's tough, but he's good -- we have a very good relationship. and i said, you know, we can't have it where the united states loses this kind of money for the privilege of building up china. it has to be a fair deal. and he understands that. but as you said nobody ever came to us. it's true, no other president came to him. m presidency could be a lot easier not only for that but many other reasons.
it's a point in time. i have a chance to do things nobody else has ever done. so we're making a deal with china or we're attempting. and if we don't we'll go back into, you know, we have a tremendous right field of tremendous money that would be coming into our country. but i have a feeling over a period of time, and again i'm not rushed and i told him that i want to get the deal right. it's extremely i wouldn't even say complicated but very intricate. but in the meantime i think our farmers are going to end up being the great beneficiary. and what i did with the farmers because they did lose a certain amount of money, i went to sonny perdue our secretary of agriculture and said how much money in the best year did china spend on our farms, in our farms buying? he said the best year, about $16 billion. i said, okay, well we're taking in much more than that now every year in tariffs.
and i took $16 billion out of those tariffs and -- essentially out of those tariffs, and we're distributing it among farmers who have been hurt because they've been used as a pawn so that china could get a good deal. but in the end the farmers are going to be the biggest beneficiary. but i've made up for the fact that china was, you know, targeting our farmers because they know the farmers like me and i like them. i love them. and they sort of love me, i guess, when you get right down to it. and it was $16 billion, that's a lot of money. but i took it out of the tariff money essentially and we are in the process of distributing it. the farmers could not be happier, other than they're unusual. i had them around the table, many of the farmers and about five weeks ago they said we don't want money, we want just a level playing field. i said you're right, most groups want money.
any way you want to give it to them, they'll take. the farmers are nat class by themselves in so many ways. they don't want subsidies, a hand out. all they want to do is have level playing field. they're unbelievable people and unbelievable patriots. >> you made a personal invitation to kim jong-un. will it be a bad sad if he doesn't show up? >> i thought about that. everyone is going to say oh, he was stood up by chairman kim. it's very hard to -- he follows my twitter and it's very hard -- >> he does. >> we got to call very quickly. a lot of people follow it, but you know they've contacted us and they'd like to see if they can do -- and we're not talking about extended. just a quick hello. and we get along. i get along with him and i get along with other people. like, you know, for instance on jim's question it's a fair
question, but i really have great relationships with everybody. i think, you know, i said a long time ago maybe i'll be a sleeper on foreign policy. and if you look at what's happening on foreign policy, now we are working on iran. we'll see what happens. i think they'd be very smart to make a deal. but we're going to see what happens. i have all the time in the world. they're doing very poorly and brutal when i first came in. 18 sites of confliction, meaning where they were behind. but i think on foreign policy if you look at what's happening, and we're not being taken for suckers anymore. we have countries where we'd lose on defending that because we defend a tremendous percentage of the world, and they don't pay us for it. and on top of it, we lose money with that same country on trade, and it's changing. and they understand it's changing and they expect it to change. they can't believe honestly like
i'd ask prime minister abe, how does this happen where you'd send us billion and billions worth of cars and we'd send you practically nothing, and he said nobody ever complained. same thing with china. i said, you know, you send a car to us, we charge you essentially nothing, it's 2.5%. but there are ways around that. we send a car to you made in the united states and we have to pay a 45% tariff. how did that happen? he said we just kept lifting it, lifting it, lifting it. i mean they're being honest with me. we kept lifting it and nobody called but i called. >> you at least some of the democratic debate. i'm sure you saw the exchange between joe biden and kamala harris on the issue of federally mandated busing. biden thought that was a bad
policy, he tried to stop it. kamala harris said it was an important part of desegregation including in her own experience. where do you stand on that issue of federally mandated busing? >> first of all, before i get into that i thought she was given too much credit. he didn't do well, certainly. and maybe the facts weren't necessarily on his side. i think she was given too much credit for what she did. was it that outstanding? and i think he was hit harder probably than he should have been hit. and as far as that i will tell you in about four weeks because we're coming out with a certain policy that's going to be very interesting and very surprising i think to a lot of people. jennifer, do you have a question? >> but do you think kamala harris would be a tough opponent for you given what you saw in that debate? >> you never know who's going to be tough. you never know. one you think is going to be
tough turns out to be not much. and i've seen it. because i had 17 -- we had actually a total of 18, a lot of people think 17, governor of virginia, remember. of the 18 many of them were -- all of their lives they wanted to be politicians. i never thought about being a politician until two days before i decided to run, a little before that but not too much before. you look at some of them, they're very talented. and sometimes the one i thought would be the toughest were not the toughest at all. i could write a book -- i should write a book. we had 18 and i guess they have 24, 25. but some of the ones i thought would be absolutely without
question the toughest turned out -- i didn't think they were tough at all. i think she was given far too much credit for what she did. that was so far-out of it can what she said and i think it was right out of a box. and i thought that he did respond great. i wouldn't say -- this is not winston churchill we're dealing with, okay? but it wasn't i don't think nearly as bad as they portended it to be. jennifer, go ahead. >> thank you, mr. president. could i clarify your negotiations and what you agree to with china on huawei. did you agree that huawei can sell to the u.s. or u.s. companies can sell -- >> u.s. companies can sell their equipment to huawei. you're talking about equipment where there's no great national emergency problem with it, but the u.s. companies can sell their equipment so we have a lot
of the great kaecompanies that e extremely complex equipment. we're letting them sell to huawei. >> and then on turkey, sir. will turkey face sanctions if it goes ahead with the s-40 purchases? >> so turkey is an interesting case. there's another one, jim, i get along well with and he's a tough cookie. president erdogan. he's tough, but i get along with him. maybe that's a bad thing, but i think it's a really good thing because frankly he wanted to wipeout -- he has a big problem with the kurds as everyone knows. and he had a 65,000-man army at the border and he was going to wipeout the kurds who helped us with isis. we have 100% of the caliphate. and i called him and i asked him not to do that. they are i guess natural enemies of his or turkey's. and he hasn't done it. they were lined up to go out and wipeout the people that we just
defeated, the isis caliphate, and i said you can't do that, you can't do it. and he didn't do it. so i have a relationship, and let me tell you he goes out during the obama administration. he wants to buy our patriot missile. they wouldn't sell it to him. in theory he could be an ally if he respected the president and he's got a big army. they're fighters. turkey, big fighters. and we're working on the idlib province together because he doesn't want see 3 million people and near do i in syria. that was another thing i mentioned to president putin. i think if i didn't put out a statement six months ago, that would have been catastrophic. but they have 30,000 terrorists in idlib province. you have 3 million people, and, you know, getting terrorists is okay. but you don't want to kill 3
million people or a million people to get the terrorists. anyway, so we get along great. but what happened with turkey -- and i will tell you when it's fair or not fair. he wanted to buy the patriot missile. president obama's group said, no. he kept wanting to buy it, they kept saying no, no, no. couldn't buy it. he needed it for defense. so he then went to russia and he bought the s400. this administration previous to mine would not let him buy it. so he goes out, he goes to russia, and he makes a deal for the s400 and let's assume it's not nearly as good but he paid a lot of money, put up a lot of money and he bought it. as soon as he bought it, people went back to him from our country and they said, listen, we don't want you to use that system because it's not the nato
system, et cetera, et cetera. we don't want you to use that system. do us a favor, there was nothing he could do. in the meantime he brought over 100 f-35s, the greatest fighter jet in the world. it's stealth. you can't see it. it's really hard to see it when you can't see it. i think he bought over 116, and now he wants delivery. he's paid a tremendous amount of money up front to our company, our jobs, everything, and now they're saying he's using the s400 system which is incompatible with our system and russia and other people can gain access into the genius of the f-35. but honestly i'm all for our country but he got treated very
unfairly. all of a sudden he ends up going and getting something else. and then they said first they said we'll sell it to you, you can have it in four years and then they said we'll get it to you immediately. and he said i can't do it, i fought, i spent a fortune on buying another system, a similar system from russia. the problem is he already brought the planes and the planes aren't compatible from our standpoint, not from the standpoint of compatibility. but from our standpoint national security wisemism soy it. so it's a mess. it's a mess. and honestly it's not really erdogan's fault. so now we have breaking news. donald trump loves turkey. donald trump is on the side of turkey. no, i'm not. i love our country, but i have to tell you president erdogan who has done -- gave me our pastor back, pastor brunson,
nobody else could get him back. president obama, he was in jail for 35 years. he was going to be in jail forever. he was an innocent man and i called him and after a short period of time he was standing in the oval office with me and he was back. so, you know, it's been from my standpoint -- and he's a tough guy. when you talk about tough, he's tough. but i get along with him. i was he was unfairly treated. we were told you can't have it, and after they bought another system we said we can't use it. so it's a complicated deal. we're working on it. >> can i ask you one last question quickly on china. so there was a negotiation on huawei, welcoming students, holding off on tariffs. so it sounds like china has agreed to buy more ag, but is this a lopsided agreement? >> it's actually a good question. i did agree to allow our
companies -- you know, i like our companies selling things to other people. so i like that to happen. very complex things, not easy. this is not things that are easy to make. very few companies are able to do it, but a tremendous amount of money. you know all of them. but they weren't exactly happy with them. we're allowing them to sell, but we agreed to leave that until the end. huawei is a complicated situation. we're leaving huawei toward the end. we'll see where we go with the trade agreement. yes, please. >> thank you, i have a question about the border but i wanted to follow up quickly on the issue of busing. do you see it as a way to integrate schools. >> it has been something they've done for a long period of time. there aren't that many ways
you're going to get people to schools. so this is something that's ben done -- in some cases it's been done with a hammer instead of a glove. but this certainly has been a thing that's been used. i think if vice president biden had answered the question somewhat differently it would have been a lot -- it would have been a different result because they really did hit him hard on that one. but it is certainly a primary mect udof getting people to schools. >> is it -- does it relate to the policy you're going to unveil you just floated? >> it relates to everything we're doing and you'll be hearing about it over the next couple of months. >> i want to ask you about the border. it seems there's officially a week to go until the i.c.e. raids begin under that deadline you imposed. is it realistic to think you're going to get a deal to actually reform the asylum laws? >> well, we could do it -- i say to people, i used to say 45
minutes, but we could do it quickly. we could do it in a day, we could do it in an hour. we could reform asylum very quickly. we could get rid of the loopholes very quickly. these are horrible loopholes. and the reason that mexico is so good because they do have very, very tough immigration. they don't have the kind of things, the kind of stupidity we have. where somebody touches one foot on our sand and we now have to bring them into a court. we then have to register tem, catch and release them, and they go and live in our country and they're supposed to come back in three years for a court case and about 2% come back. as you know. you know it just as well as anybody i think, maybe better than most. but the fact is they come back, but nobody comes back -- 2% comes back, it's a horrible system. now, what we're doing is they come in illegally and we're bringing them out legally. but at the request of, you know, some very good democrats, they
asked me if i could hold it and i did for a couple of weeks and we have a week left. but the fact we did get in a very bipartisan way and i appreciate speaker pelosi because she worked with us, it was humanitarian money. and don't forget nobody's ever had this problem before. we're running hospitals. we're running so many different things for the kids. and the kids are brought up because under the laws the kids are used, legally used to get other people to come in. if you have a child it's much easier to come into our country. it's easy anyway but if you have a child it's much easier. we have these kids that have been horribly abused and we could stop that with a minor change in the law. it's a terrible thing they're not doing it. so here's what's happening. i said, all right, let's see if you can give that to us. we have the $4.5 billion in
humanitarian aid. but we can have that number go way down if we stop people from coming up. for instance, if we had walls up and had it hard the father and beautiful daughter who drowned and, you know, the rio grande is very tough. all of a sudden it becomes violent and people get swept away. but if they thought it was hard to get in, they wouldn't be coming up. so many lives would be saved. so essentially if they would change the laws and i said it would take us an hour, but let's give you two weeks. at the end of the second week we'll be removing people, legally removing -- >> so you're still planning for that deadline? >> unless we do something pretty miraculous, but the democrats it seems to me they want to have open borders. it's one thing because i want people to come into our country. we need them because we have all
these companies coming in. we have so many companies coming in, auto companies. just today i was with president abe, he told me another auto company is going to bring a big plant. they need people. i'm all for that. the only problem is they have to come in through a process and legally. they take tests, study, they have to go through a very complicated process. and these people have worked hard. and then somebody walks in and they're welcome to the united states. honestly, it's very unfair. but we will be removing large numbers of people. people have to understand, yes, the laws are -- >> in a week. >> starting in a week some time after july fourth. >> so the deal that was just passed does nothing -- >> that's different. that's humanitarian. we needed that just to take
care -- because we're running now hospitals. the border patrol these are incredible people. they're doing what they -- you know, nobody ever thought they were going to be doing this. and the reason people are coming up is because we're doing so well as a country. in past years we weren't doing well. past years, you know, they took 32% of our -- now we're the hot economy. and the reason people are coming up is because we had a separation policy. president obama built those cells. in 2014 they were built. they all said look how horrible, and then it turned out it was built by president obama. and i'm not blaming anybody. they had a separation policy and
you're ending it. you're saying now the child can stay with the parent. so i said ending it is nice in one way, but in terms of what we're doing, it makes it even tougher. but the really bad thing is the cartels -- and i really think that mexico because they did 6,000 and now they're doing 16,000 on our border. what mexico is doing for us is great. by the way, without the tariffs they wouldn't have done it. we've been after them for many years to do it, but they have really so far -- it's only a week -- the numbers are way down. and so far a lot of good things have happened. yes, please. yes, please, in the second row. my only problem is this, i don't
need stories he stayed up there too long. if i stay up there quickly, they're why did he not give us enough time. if you promise you're not going to say because everybody's got a hand up. and if you want i'll go on. should i go on or not go on? what do you think? and you're not going to say he went on too long, because we have time. i have a flight that actually leaves pretty much when i want it to. okay, let's go. >> thank you, mr. president. two questions about iran. a week ago you called off a strike because you were concerned it would kill iranians. >> disproportionately absolute certaintiy. >> did the military leaders provide you an alternative, like a derelict oil rig that could have been hit. >> i have 50 alternatives, i have many alternatives. you don't know what the sites were. you said oil rig, but i had many
alternatives. when we chose and designated certain areas we were thinking about i said how many people are going to die? i mean i'm talking about on the other side. that means a lot to me, too. how many people are going to die. they said probably about 150. you don't know. could be much worse than that. could be less, too. but could be much more than that because this is heavy stuff going in. we have the greatest military in the world. i deal with them all the time. these people are incredible people. lethal. and hopefully we don't have to use it much. i mean, we've spent you look at the numbers $716 billion this year. we had planes that were so old. now we have brand new f-35s, brand new super harnts and f-18s. i mean the equipment we have is incredible. the army now has beautiful new things. everything is -- we have a military that's really great.
hopefully, we don't have to use it very much. but, no, they came in, i said this and they came back a short time later and said about 150 people. i said that's really disproportionate, i don't like it. >> my second question is here at the g-20 summit what can you tell us, has the ball been moved in any particular direction towards easing the tensions with iran in some of the meetings that you've had? >> well, i've had a lot of countries come up to me. for instance, france has come up. if you look at president macron, good guy. he came up to me and said, you know, i do a lot of business, meaning france does a lot of business with iran. i'd love to go see them. i said, sure, i think talking is great. i think john carrie shouldn't have been talking to them.
i think john carrie speaking to iran a lot maybe saying things like, gee, you know, if you wait another 15 months maybe trump wll lose the election and then you can deal with a person that's a lot easier than trump. you'll deal with a stiff that'll give you everything you want. and that makes it a little tougher for me to make a deal, but that's okay. yeah, please go. >> mr. president, during the week you tweeted out your displeasure with the supreme court's decision on the census and you suggested -- >> i think it's very unfortunate. >> are you in fact going to try to delay the -- >> we're looking at that legally because they're asking us to do a census. and, you know, the census was shocking to me. i figured it would be, you know, not expensive to do a census. it's billions of dollars. you know that, right? billions. they knock on doors of every house in the country, and they get everything -- they're not allowed to ask whether or not someone is a citizen of the
united states. how horrible and ridiculous is that? so we are looking at that, yeah. it was like now, right, now. it depends on what happens, i guess. it was a very strange decision. it was a very sad decision not in terms of voting, not enterms -- just a very sad because it was so convoluted. to get to that decision had tee be very, very hard. >> the justice said your guys were playing politics -- >> hey, who's really playing politics, okay? check it out. go ahead, please. >> i think i heard you mention with vladimir putin you had said you spoke about election interference privately as well.
did you speak in a sterner tone -- >> we talked about it before. you know he denies it, by the way. how many times can you get someone to deny something? but he's denied it also publicly. we've talked about it and a lot of other things. i'll tell you, we talked about something i think is very important, and that's putting a cap on what he's buying and we're buying from a nuclear standpoint and other arms control. and i think he'd like to see arms control and so would we. i think it makes a lot of sense. >> did you raise what was in the mueller report -- >> well the mueller report was a ver good report. i had 18 people that hated me, i had mueller who's totally conflicted and obviously didn't like me. he was totally conflicted, and yet no obstruction, no collusion. and, you know, that was a good report. yes, please.
and, you know, the democrats want a do-over or five. they want to get it right. they're working to get it right. they want a do over or five. yes, please. >> president trump, your administration just unveiled the economic portion of the deal of the century. my question to you is why were no palestinians members of the peace plan committee? >> well, they are a very important part of it, but they don't really have to be. we're just getting started. we have -- and as you know we have a very good david freedman, great gentleman, successful in new york. jared kushner, and with me being president if you don't get that deal done, it'll never happen. we'll have to see what happens, but i think the palestinians,
basically i'm not sure -- i know they want to make a deal and they want to be a little bit cute, but that's okay. as you know i've ended the money that was we were paying them $550 million a year. because a year ago i heard they were saying nsa things. i said, wait a minute, we're trying to make a deal and help them and they're saying these nasty things, we're not going to pay. if a deal was made we would go back on a humanitarian basis not so different from the border because you see the problems what's going on. but i think we have a good chance of making a deal, and a lot of people think oats probably the toughest deal of all, a lot of people think it can't be made. over the years a lot of people would say that's a deal that can't be made no matter what. but, hey, i like to -- we're going to try, but i really believe that -- i went to other negotiators from past years, for
many, many years they've been trying to make this deal. and i said did you ever take the money away because they were always very hostile and they said no, we wouldn't do that, that's inappropriate. why is it inappropriate. they're saying bad things, why is it inappropriate? look, if you're not negotiating and you don't want to help make peace, we're not going to pay you. let's see what happens. i think they want to make a deal, and i've had a very good relationship with some of their leaders. and obviously i've had a good relationship with israel. now, the transaction was thrown up in the air a little bit because of what happened with netanyahu's election. they thought he won and all of a sudden they couldn't put together the coalition and now they're back to campaigning again. who would have expected that? maybe that will happen faster. there's a chance -- i won't even
say good chance on that one because people say it's the hardest deal. when i was young i'd say what do you think of this, oh, that's tougher than the israel and palestinians. that used to use that as the metaphor, as an excuse about the toughest deal to make. yes, white shirt -- no, the gentleman behind you. we'll get you. >> can i ask first one clarification? are you saying you're taking huawei off the -- >> no, we're doeg to be talking about huawei. our companies make billions and billions of dollars worth of equipment. but we are not discussing huawei with president xi yet. i want to see before we start getting into that, i want to see where we end up. we have a national security problem, which to me is
paramount. very important. >> but are you taking huawei off the commerce department or the list -- >> we have a meeting on that tuesday. >> you don't talk about the national security concerns about china. what do you worry about china -- >> i think that goes without saying. look what i've done. i took zte off, remember. that was a personal deal and then president xi called me and asked me for a personal favor which i considered to be very important. he's the leader of a major country and it was important to him. having to do with where the employees are located and they were almost out of business and he agreed to pay a $1.2 billion penalty and some changes which is much smaller than huawei but
very big. and they paid us $1.2 billion. part of the problem is the democrats go out and say if i got $200 trillion they'd say this is terrible, what a terrible deal because that's the way politics is it's sort of sad. we closed it and opened it. they made changes to the board, they made management changes and they paid a lot of money and they also have to buy american product. buying american product is important to me. it's a big thing. go ahead blue. are we going to continue onward? yes? does anybody say, no, huh? >> thank you. one question -- >> we just left angela. she's another friend of mine.
people don't think so. we have a great relationship. we spent a lot of time together, too. >> you praised this g-20 summit as extremely successful. yes it was a g-19 at one summit if we look at climate change. why is it you still think ignoring climate change is in the interest of america? >> i don't ignore it. we've had the best numbers we've ever had recently. and i'm not looking to put our companies out of business. i'm not looking to create a standard so high we're going to lose 20%, 25% of our production. i'm not willing to do that. we've had the cleanest water we've ever had, the cleanest air. you saw the reports come out recently. we've had the cleanest air we've ever had, but i'm not willing to sacrifice the tremendous power of what we've built-up over a long period of time and what i've enhanced and revived. i'm just not willing to do that.
and they understand where i stand, and, you know, i'm not necessarily sure i agree -- i can tell you i'm not sure i agree with certain countries, what they're doing because i think they're losing a lot of the power of what they can do with factories -- and i'm not talking about political power although that comes with it. i'm talking about the powering of a plant. it doesn't always work with a windmill. when the wind goes off, the plant isn't working. it doesn't always work with solar because solar is just not strong enough. and a lot of them want to go to wind, which has caused a lot of problems. and the wb with wind, the united states, we're subsidizing these wind towers all over the place because wind towers don't work without subsidies. the united states is paying enormous amounts for subsidies on wind. i don't like it. we'll take a few more. go ahead.
go ahead. >> thank you, sir. two questions on iran, please. >> one. >> one question on iran. >> pick the better one, pleads. >> will do, sir. iran says it'll be on the verge of violating enrichment for the jcpoa potential as next week? what will be your response when that happens? >> we'll see. i can only say you'll see. we cannot let iran have a nuclear weapon. just can't do it. please. >> thank you, mr. president. you met yesterday with president putin and you touched the subject of venezuela but can you explain a bit what was said in the meeting about venezuela? >> first of all we're following venezuela very closely.
it's a catastrophe. it's what socialism can do. it was one of the richest countries 20 years ago. it's got one of the largest oil reserves and they don't have food, they don't have water. it's really actually incredible. i've discussed it with almost every leader this weekend. we've discussed venezuela because we don't want that to ever happen to us or their countries. >> you mention change of regime takes time in venezuela -- >> oh, sure it takes time. probably so many people are leaving venezuela, it's like probably going to be a ghost town. it's a very bad thing happening in venezuela. nobody's seen anything quite like it, actually. especially from the standpoint they were so wealthy. i know so many people from venezuela living in miami. they're incredible people. a lot of them live in dural,
miami. they call it little venezuela. i know it so well. these are people hard workers, warm. they're just incredible. and to see what's happening to venezuela is heart breaking. >> president, do do you think it's time to change the strategy and do you still believe juan guaido is the person to lead the country? >> you have a lot of strategies, but in the meantime we're helping them from the the standpoint of aid. i think they're making a big mistake because they're not making the aid very easy as you know. they're not making it easy to get to people, but people are starving to death, and their water -- they have no water. they have oil, but they don't have any water. no, we have a lot of things in store if we have to do that. we don't want to do anything, but, you know, we don't want to get involved to the extent you may be thinking, but we have a lot of alternatives.
we have five different alternatives for what happens with venezuela. it's doing poorly and maduro is doing poorly. it's just not working. it's not working. yes, go ahead. where are you? >> politico. anita kumar, politico. i just wanted to follow up on the questions asked about -- >> question. >> question about the crown prince you met with earlier today. i didn't hear you answer the question. did you raise the killing of jamal khashoggi with him? >> i asked him what was happening, and he was telling me that i think he said 13 but could be more and i think he said more in the works, that there are large numbers of people being prosecuted. he's very angry about it, very unhappy about it. and i did mention it to him very strongly, but they're prosecuting large numbers of people. that was a
culture looking at the stereotype cracks in your thinking for you from time to time i know i'm. taking this drama they are to me it's all about their. time my job join me in the. post. economy's a bullet hole with paradoxes the airline industry is just one example state financial support huge tax exemptions for fuel means flanks cheap but what about our carbon footprint and is that our tax money any way a government subsidies to help or hindrance let's stop with germany's 54000000000
euro climate deal a source of much protest it will run through to 2023 with the aim of reducing c o 2 emissions by putting a price on them the plan is budget neutral meaning the country would have to take on any new debt to finance the plan as $1.00 bit of good news but many say it's inadequate it's a strategy that balances the interests of too many different interest groups to actually do anything for the climate and despite the state's apparent good intentions it continues to support energy intensive industries with financial aid and tax breaks so the new climate plan is seen by many as hypocritical. while millions of people around the world protest against climate change traffic congestion gets worse and worse c o 2 emissions must be cut but the aviation industry is soaring the wind and sun can provide lots of electricity but we're still mining and burning coal if that sounds like a paradox it is protecting the climate demands major changes from both companies
and individuals. governments also need to intervene for example by providing funds for renewable energies germany is considered one of the leaders in the field the shatt of renewal bowls has expanded massively over the past 2 decades in part thanks to government subsidies the solar power system on the roof of this apartment building means the tenants get their own eco friendly electricity. from uniform. we need more subsidies for projects like this because the power output you get from the rooftop solar array is not all that great you have to sell the electricity for a long time just to break even. the photovoltaic system operates for 20 to 20 years and you need that time to come out ahead in financial terms. solar energy providers in germany get to remain
a ration of 10 euro cents for every kilowatt hour they feed into the grid that's the only way the business pays off there's still great potential in the decentralized solar energy supply. both of you fought on the rule should be much simpler when it comes to the provision of solar power systems on rental apartment buildings for the landlords to. government funding can help bring new technologies to market many solar power systems and wind farms probably wouldn't exist were it not for subsidies however a lot of government money also supports projects that contribute towards climate change. last year state subsidies in germany amounted to 188000000000 euros. about a quarter of that some one time things that are bad for the climate tax breaks for industry and motorists subsidies for civil aviation and brown coal mining.
only 9000000000 euros went into renewables and electro mobility. the private sector is slowly taking environmental protection to heart and a founding initiatives like leaders for climate action. is demanding an immediate halt to the use of fossil resources and says that companies that emit too much c o 2 you should have to pay at least 50 year raise a ton for it. the detention looking what we need our regulations that make technologies that have a negative impact on the climate are more expensive and ones that have a positive impact sheep are. also help consumers make the right choices because i'm an after life stuff i need to develop instruments available within the market economy and not necessarily provide more subsidies and you guys and me as open source. world wide vast sums of money still go to supporting fossil fuels such as
coal oil and natural gas. in 2018 subsidies and tax breaks for energy source from fossil fuels amounted to $820000000000.00 euros globally in the e.u. for example there's no tax on kerosene in many countries the price of electricity is kept artificially low renewables only enjoy 270000000000 euros in subsidies. it's often big power generators that benefit from government assistance rather than small local ones leaman also has developed an online platform to link providers large and small and consumers to power a new decentralized energy market supply is generate their electricity from the sun by a gas and wind and uses can then take that pick. we need to shift the focus of the discussion away from subsidies for new power
facilities so that we can restructure and improve the entire energy system and we need to incentivize innovation and not just shift money around by means of subsidies for. meaningful climate protection takes a lot more than government subsidies it will take a comprehensive rethink has all levels of society. for the private sector that means major challenges and great opportunities. i visited germany's last hot coal mine last year just before it closed the business had been unprofitable for years and propped up with state aid worth hundreds of billions of yours that is until imports just got so cheap that it wasn't financially viable any longer so the mines were shut down applause from environmentalists but germany still the world's biggest brown coal produce it that stuff's even dirtier and it's also subsidized so much for germany going green we talked to one of the biggest
critics here of generous government per cent tax breaks. i'm meeting. the president of the kiel institute for world economy he's known to take a critical view of industries diverse truckling despite having been subsidized for decades with taxpayers' money. the problem of subsidies is that the cost money and the district money from other sources. the research institute at think tank is located on the waterfront its focus is on making the global economy fairer and more efficient. sees subsidies as a barrier to that go nuts to kill to innovation in shipyards and in the shipping industry for example. behind your back the naval yard and the harbor.
and destry in germany is heavily subsidized out and the subsidies would have gone lost in the case of shipyards and shipment if you if you count how much money has been put into it and how little ship building capacity we have left in tripoli despite the subsidies then you know you have to ask ask is money well spent that if you ask this question do the calculations very often including in the case of the church or the shipping industry you come to a conclusion that you know a lot of money has produced very little effect and the shipping industry isn't an isolated case. it all comes down to the german government subsidy policy he proposes slashing over 17 percent of subsidies 5 percent have been identified by the institute as especially problematic it says a majority could be reduced and only 7.3 percent are actually necessary so it is a very popular must say with politicians into those 18 we had
a total of $188000000000.00 and that's a new record many in germany a lot of that is a new record over. well the trend is rising subsidies a useful instrument to strengthen the economy they distract money from other sources very often you know if you want to inject dynamism into a slowing economy it would be better to let the market forces operate rather than decide the government in a broker see what companies should be doing and in that sense what subsidies can do is to slow down the cold limits of economies the ferry traffic here in the harbor is subsidized with municipal funds if it wasn't there wouldn't be a service. hospitals schools they all need financial aid from the government or do they. mean there are subsidies that are needed in particular when we talk about so-called public goods however history. these are public goods
if the states doesn't cost like that no one constructs but when we talk about subsidies in our annual report we talk about subsidies to companies that would very well function on the market harper is typically not bits but companies because companies know if they build something. then the benefits of their effort will go to others and subsidies and the world what is your outlook do you think they will increase during the upcoming recession there is a danger that the increase during the upcoming recession is the danger of the subsidies interim increase. when we reshape our energy system and there's also the danger that you know in this conflict between china united states and europe subsidies are increasingly used as a way to manipulate. the relative competitiveness of countries the ferry is unlikely to be counseled soon went against a backdrop of global upheaval calls to reappraise did german government subsidy
policy are growing louder. and it's not just germany that splashes out the casual companies the e.u. does its fair share too most of it is spent on agricultural subsidies $60000000000.00 euros worth most of that money goes to france followed by spain and germany farmers in the czech republic get a lavish $1000000000.00 euros in total. a sizable chunk of that went to food and farming group fully owned by prime minister babbage he was accused of transferring ownership to family members in an attempt to avoid a conflict of interest the full case was later dropped but we'd like to focus on the czech farmer who is a pioneer in his field and is all for stay financial support. on this farm the grass is cut to make hay to feed the livestock just once a year in
a conventionally run agribusiness it would be caught up to 4 times a year. but this is done e.l.p. takes organic farm in the north west of the czech republic he could make more hay but chooses not to out of concern for the environment but just might end up with. birds nest here so it's important to mow the grass late in the season. so the birds breed here until the middle of august and especially corn crakes they're an endangered species. before protect switch to organic farming his fields look something like this very large and without head dros intensive industrial farming tends to use a restricted system of crop rotation wheat rapeseed and back to wheat for example rejects that kind of farming in fact he's turned his arab land into pasture that greatly reduces soil erosion and he's planted 20000 fruit trees. the grass goes to feed his cattle in sheep. when he switched to organic the european union
provided 30 percent of the investment costs. organic farming accounts for a small fraction of agriculture in the czech republic. the tech says the e.u. should fine tune its agricultural policies. they just want to be merely because of their blue subsidies should be contingent on farmers pursuing environmental protection and should only go to small and medium sized farms. payments to a large agribusinesses should be kept. they should get subsidies for just a few hector's and no more no that i think there should be additional support for small scale farms and once just starting out it should get several times the basic rate that would motivate young people to go into farming from ocular full of it are beautiful of the near future but. this is one of those large agri businesses it's
actually a cooperative in which small holders have pooled their land and resources it farms $5000.00 hectares and has $160.00 employees. has leased his 7 hectares to the co-operative. he's happy to drive a tractor and not have to manage his own small farm. he's one of about 600 members of the cooperative farming operation. it's not run on organic principles and it has vast fields. who sit over his store at the big machines we use here cost a lot of money. you can even use them on smaller fields it's probably not a good idea to have such enormous fields but i have no idea what would be better only time will tell so. the co-operative got
funds from the e.u. to modernize its counter shed it has 1500 head of cattle. around a 3rd of the employees work with the livestock. and the agro yes they need to co-operative gets about $200.00 euros per hectare per year from the european union. becoming the probably if you were to cap it's payment it would hit our business hard given current prices our farm would make a loss but i don't subsidies that if they were cut we would immediately be in the red we would have to get rid of our accounts or it wouldn't be economically viable to keep up. the service sector industry and tourism make up the bulk of the czech economy. more than half the land but agriculture accounts for less than 3 percent
of g.d.p. . farmers markets are springing up these days in the big cities where produce from the region is sold directly to the public by the growers. no levy cement but i like it here because everything's fresh vegetables free baked goods and the price is a very reasonable. and it's all from local farmers selling czech products. i'm happy to support that. one of the few foreigners to take advantage of what is still a niche market is usually club ski he only farms 6 tech tez but it's enough to support him and his employees so you know as far as i'm concerned i could do without any e.u. subsidies i have such a small piece of land i hardly get anything. on the other hand about 80 percent of our farmers depend on the subsidies the big farms would have to close but the little ones would survive. back to the organic farmer. he's well known in the czech
republic for his criticism of industrial farming he doesn't only offer criticism he also sets out his ideas for transforming the farming sector to make it sustainable and environmentally friendly. he still sees a need for e.u. subsidies to make it work. they shouldn't get rid of e.u. subsidies because food prices would then have to reflect production costs and. that means food would get more expensive much more expensive without subsidies farming would have to be even more cost effective and that would be at the expense of the environment. the take wants to see targeted financial support for measures to protect the climate and the environment so far farms get subsidies no matter what methods they use p. take says that you should do more to support the shift to sustainable farming.
it all depends where the money is invested a report by the food and land use coalition says globally a $1000000.00 a minute is spent on farming subsidies but only one percent of that is used to benefit the environment most of it promotes high mission cattle production the destruction of forests and pollution from the over use of fertilizer another example of where state perks compose more of a hindrance than a help is the support provided by the european central bank in the form of easy money at historically low interest rates it's meant to promote growth across the common currency area well growth remains stubbornly low and instead what we've seen is a real field day for equities at the real estate sector. founded in 1998 the european central bank is the central bank for all 19 euro zone countries its primary task is to keep prices stable once that goal is achieved the
e.c.b. is also supposed to promote growth politicians aren't allowed to intervene. the powerful institution has 2 main instruments number one the key interest rate the e.c.b. lends money to banks and hasn't charged interest on it since 2016 by doing so it wants to encourage those banks to create cheap loans in turn boosting the economy by promoting investment and outlay. inflation is also supposed to rise the central bank wants it at just under 2 percent if it comes in at less the danger grows that prices could fall long term. the e.c.b. can also buy bonds which is supposed to strengthen national economies it holds private and public sector securities totaling around $2.00 trillion euros. by buying the bonds the central bank affectively pumped fresh cash into eurozone economies which is good for growth but critics complain that's actually not allowed
because it amounts to state financing. the 0 rate policy also means that people who want to save now receive practically no interest on their savings that's driven many people in europe to invest in real estate driving up prices and trends and increasing worries of a looming housing bubble b.c.b. can't influence that directly but pressure is growing to raise the key interest rate the central bank wants to keep it 0 however because economic forecasts remain dark and raising the rate could make them even more somber. now what would happen if officials turned off the tap one day surely there are smarter ways to stimulate an economy portugal was put on an e.u. lifeline in 2011 it's since reemerge from the so-called economic korea just one program but it partly managed to kick that addiction thanks to
a clever strategy of selling itself to the rest of the block and the world as the location for startup founders. when the bad weather and berlin becomes unbearable remember southern europe is not far away you can take a cheap flights anywhere that's the e.u.i. though. he's. a few hours later and i'm on the beach and follow in the south of portugal i could just stay here for wanted to get a job or start a business but for people who are not a use citizens it's much harder the union may be softening internal borders but one is still quite difficult to cross the external border. gazing across the atlantic towards home towards morocco. every
child heard that from his dad one day that my thought on the other side of the sea there is europe with spain if you should work really hard in order to preserve it and had to go there. sign a sell out as has made it at least in the eyes of american fathers. has founded a company here in portugal which helps other non europeans to do the same. i imagine that's incredibly difficult to move to the e.u. and set up a company all the paperwork must be very confusing if you aren't from here. on a cell r us knows just how frustrating it can be that's why he developed an online platform that allows others to register a company with a mouse click even if they're currently on another continent. it's very hard to enter
a printer in the african continent that europe is. like europe has its pros and cons as every other. but still these intrapreneur they want to grow they want to access quicker marcuse they want also to have better source. like in international experience through talking about international experience certainly has plenty of it he's only 33 years old but his c.v. is longer than many twice his age as a child he traveled a lot with his parents and that left its mark on him to begin with he became a jet pilot for the american army. then he moved to south korea to work in space research. he later headed up large construction projects in japan indonesia qatar and canada before managing business in the middle east for a german company. it's
a matter of you know if you want something badly you. just have to educate yourself right now like knowledge is everybody has access to the internet even in african countries so you have to have to educate yourself and you have to go after a portrait is a very kind of spirit certainly fits well with portugal a country that's super start up friendly especially capitalist but when it's raining great. a recent study shows this relatively small city has become europe's 5th largest stop for startups you need to hike. is an entrepreneur and startup lobbyist without the hype and the attention it generates it's hard to build a momentum to do something like this here. she 1st company factory is converting an old military building into a huge office space for tech companies if you works closely with the portuguese government which has launched a major push to attract tech companies and start ups
a new business visa makes entering the country easier for the european entrepreneurs. if they ask me how best to do. it so we set up an online application process and did all the administrative stuff and then just let the people come to basically see how it would work other european countries spend far too much time thinking about something before actually putting it into action. so far only around 60 startup founders have used the visa since the program was lost with no orders that there were no real strong marketing efforts from from the government side if you want. or like this these youngsters in other countries believe in what they're when you have to go and talk to them and help them come here. and i sell out sees that as his task offering others the opportunity to follow in his footsteps because
a border shouldn't be an obstacle to a good idea. for joining us.
you. know for a guy with his medical condition the next question ecosystem's did you know all that was until thoughts on the young who might want to. be on the 5th column next generation these are the resources we have to make for the face of government on all climate change has just presented its report on the condition obama oceans will see what he said. 30 minutes on t.w. .
800200 politics m l keep learning march trio wait a 2nd we want the whole picture our facts instead of make ideas shift deliver us. from a measure to reality to cryptocurrency to your topics for live in an ever changing digital world let's talk to devise a show of their shift. on d w. d to know that 77 percent obama are younger than 6 of pot. that's me and me and you. and you know what it's time no voice is part. of the 77 percent we talk about the issues.
this is where you cut. the 77 percent this weekend on d w. the world unto itself. with its own gravitational pull. of the finest musical compositions. with some mysteries teresa. going through me that she was into them don't tell me that she never wrote. and the jointer come up in the morning blame. resumed the symphonies of your heart is. the brahms coda. starts october 11th on the top enough.
baker john stripes is like you live with the rules set by the deep. cuts. being recipes for success the strategies that make a difference. baking bread on d.w. . economies a bullet hold with paradoxes the airline industry is just one example state financial support huge tax exemptions for fuel means flanks cheaper but what about how carbon footprint and isn't that our tax money any way a government subsidies to help or hindrance let's start with germany's 54000000000
euro climate deal a source of much protest it will run through to 2023 with the aim of reducing c o 2 emissions by putting a price on them the plan is budget neutral meaning the country won't have to take on any new debt to finance the plan as one bit of good news but many say it's inadequate it's a strategy that balances the interests of too many different interest groups to actually do anything for the climate and despite the state's apparent good intentions it continues to support energy intensive industries with financial aid and tax breaks so the new climate plan is seen by many as hypocritical. while millions of people around the world protest against climate change traffic congestion gets worse and worse c o 2 emissions must be cut but the aviation industry is soaring the wind and sun can provide lots of electricity but we're still mining and panning coal if that sounds like a paradox it is protecting the climate demands major changes from both companies
and individuals. governments also need to intervene for example by providing funds for renewable energies germany is considered one of the leaders in the field the shadow of renewal both has expanded massively over the past 2 decades in part thanks to government subsidies. the sudden a power system on the roof of this apartment building means the tenants get their own eco friendly electricity. from uniform. we need more subsidies for projects like this because the power output you get from the rooftop solar array is not all that great when you have to sell the electricity for a long time just to break even. the photovoltaic system operates for 20 to 20 years and you need that time to come out ahead and financial targets. solar energy providers in germany get to remain
a ration of 10 year 8 cents for every kilowatt hour they feed into the grid that's the only way the business pays off there are still great potential in the decentralized solar energy supply. both of you fought on the rule should be much simpler when it comes to the provision of solar power systems on rental apartment buildings for the landlords to. government funding can help bring new technologies to market many solar power systems and wind farms probably wouldn't exist were it not for subsidies however a lot of government money also supports projects that contribute towards climate change. last year state subsidies in germany amounted to 188000000000 euros. about a quarter of that some one time things that are bad for the climate tax breaks for industry and motorists subsidies for civil aviation and brown coal mining.
only 9000000000 euros went into renewables and electro mobility. the private sector is slowly taking environmental protection to heart and our founding initiatives like leaders for climate action. it's demanding an immediate halt to the use of fossil resources and says that companies that emit too much c o 2 should have to pay at least $50.00 euros a ton for it would. be all of the dictation looking what we need are regulations that make technologies that have a negative impact on the climate more expensive and ones that have a positive impact sheep are. also help consumers make the right choice and cons of an afterlife stuff i need to develop instruments available within the market economy and not necessarily provide more subsidies and you guys and me as open source. world wide vast sums of money still go to supporting fossil fuels such as
coal oil and natural gas. in 2018 subsidies and tax breaks for energy source from fossil fuels amounted to $820000000000.00 euros globally in the e.u. for example there's no tax on kerosene in many countries the price of electricity is kept artificially low renewables only enjoy 270000000000 euros in subsidies. it's often big power generators that benefit from government assistance rather than small local ones luminaires or has developed an online platform to link providers large and small and consumers to power a new decentralized energy market supply is generate their electricity from the sun by a gas and wind and uses can then take their pick. we need to shift the focus of the discussion away from subsidies for new power
facilities so that we can restructure and improve the entire energy system we need to incentivize innovation and not just shift money around by means of subsidies. meaningful climate protection takes a lot more than government subsidies it will take a comprehensive rethink his own levels of society. for the private sector that means major challenges great opportunities. i visited germany's last hot coal mine last year just before it closed the business had been profitable for years and propped up with state aid worth hundreds of billions of yours that is until imports just got so cheap that it wasn't financially viable any longer so the mines were shut down applause from environmentalist's but germany is still the world's biggest brown coal producers that stuff's even dirtier and it's also subsidized so much for germany going green we talked to one of the biggest critics
here of generous government per cent tax free. i'm meeting. the president of the kiel institute for the world economy he's known to take a critical view of industries that are struggling despite having been subsidized for decades with taxpayers' money. the problem of subsidies is that the cost money and they distract money from other sources. the research institute at think tank is located on the waterfront its focus is on making the club will economy fairer and more efficient. sees subsidies as a barrier to that goal not stickle to innovation in shipyards and in the shipping industry for example. behind your back the naval yard and the harbor.
the shipping industry in germany is heavily subsidized out and the subsidies would have gone lost in the case of shipyards in germany if you if you count how much money has been put into it and how little ship building capacity we have left in tripoli despite the subsidies then you know you have to ask ask is money well spent if you ask this question do the calculations very often including in the case of the church or the shipping industry you come to a conclusion that you know a lot of money has produced very little effect and the shipping industry isn't an isolated case. it all comes down to the german government subsidy policy he proposes slashing over 17 percent of subsidies 5 percent have been identified by the institute as especially problematic it says a majority could be reduced and only 7.3 percent are actually necessary so it is a very popular let's say with politician into those 18 we had
a total of $188000000000.00 and that's a new record many in germany alone and that is a new record all. well the trend is rising subsidies are used instrument to strengthen the economy they distract money from other sources and very often you know if you want to check dynamism into a slowing economy it would be better to let the market forces operate rather than decide in government in a proxy. companies should be doing in that sense what subsidies can do is to slow down the cold limits of economies the ferry traffic here in the harbor is subsidized with municipal funds if it wasn't there wouldn't be a service. hospitals schools they all need financial aid from the government or do they. i mean there are subsidies that are needed in particular when we talk about so-called public goods however mistreats. these are public goods
if the state doesn't cost like them no one constructs them but when we talk about subsidies in our annual report we talk about subsidies to companies that would very well function on the on the market half or is typically not pretty but companies because companies know if they build something. then the benefits of their effort will go to others and subsidies and the world what is your outlook do you think they will increase during the upcoming recession there is a danger that the increase during the upcoming recession is the danger of the subsidies ensure an increase. when we reshape our energy system and there's also a danger that you know in this conflict between china united states and europe subsidies are increasingly used as a way to manipulate. the relative competitiveness of countries to ferry is unlikely to be counseled soon went against a backdrop of global upheaval calls to reappraise did german government subsidy
policy are growing louder. and it's not just germany that splashes out the cash from companies the e.u. does its fair share too most of it is spent on agricultural subsidies $60000000000.00 euros worth most of that money goes to france followed by spain and germany farmers in the czech republic get a lavish $1000000000.00 euros in total. a sizable chunk of that went to food and farming group fully owned by prime minister under which he was accused of transferring ownership to family members in an attempt to avoid a conflict of interest the full case was later dropped but we'd like to focus on the czech farmer who is a pioneer in his field and is all for stay financial support. on this farm the grass is cut to make hay to feed the livestock just once a year in
a conventionally run agribusiness it would be caught up to 4 times a year. but this is done in architects gannett farm in the northwest of the czech republic he could make more hay but chooses not to out of concern for the environment. birds nest here so it's important to mow the grass late in the season so the birds breed here until the middle of august but yes especially corn crakes there and endangered species. before protect switch to organic farming his fields look something like this very large and without head dros intensive industrial farming tends to use a restricted system of crop rotation wheat rapeseed and back to wheat for example peter rejects that kind of farming in fact he's turned his arab land into pasture that greatly reduces soil erosion and he's planted 20000 fruit trees. the grass goes to feed his cattle and sheep. when he switched to organic the european
union provided 30 percent of the investment costs. organic farming accounts for a small fraction of agriculture in the czech republic. p. tec says the e.u. should fine tune its agricultural policies. from a to b. merely because of blue subsidies should be contingent on farmers pursuing environmental protection and should only go to small and medium sized farms. payments to a large agribusinesses should be kept unit will that you know they should get subsidies for just a few hack there's no more people you know that it makes i think there should be additional support for small scale farms and ones just starting out they should get several times the basic rate that would motivate young people to go into farming from ocular of what of it are beautiful the near future but. this is one of those large agri businesses it's actually
a co-operative in which small holders have pooled their land and resources it farms $5000.00 hectares and has $160.00 employees. lucas the hut has leased his 7 hectares to the co-operative. he's happy to drive a tractor and not have to manage his own small farm. he's one of about 600 members of the cooperative farming operation. it's not run on organic principles and it has vast fields. who sent over work is there at the big machines we use here cost a lot of money. you can even use them on smaller fields it's probably not a good idea to have such enormous fields but i have no idea what would be better only time will tell. the co-operative got
funds from the e.u. to modernize its counter shed it has 1500 head of cattle. around a 3rd of the employees work with the livestock. and the agro yes they need to co-operative gets about $200.00 euros per hectare per year from the european union. not become just probably if he were to cap it's payment it would hit our business hard given current prices our farm would make a loss but on subsidies if they were cut we would immediately be in the red we would have to get rid of our cows it wouldn't be economically viable to keep up. the service sector industry until as a make up the bulk of the check economy. more than half the land but agriculture accounts for less than 3 percent of g.d.p.
. farmers markets are springing up these days in the big cities where produce from the region is so directly to the public by the growers. know levy cement that i like it here because everything's fresh vegetables free baked goods and the price is a very reasonable. and it's all from local farmers selling czech products. i'm happy to support that. one of the few foreigners to take advantage of what is still a niche market is usually club ski he only farms 6 hector has but it's enough to support him and his employees you know as far as i'm concerned i could do without any e.u. subsidies i have such a small piece of land i hardly get anything. on the other hand about 80 percent of our farmers depend on the subsidies the big farms would have to close but the little ones would survive. back to the organic farmer dannielle peter he's well
known in the czech republic for his criticism of industrial farming he doesn't only offer criticism he also sets out his ideas for transforming the farming sector to make it sustainable and environmentally friendly. he still sees a need for new subsidies to make it work. they shouldn't get rid of e.u. subsidies because food prices would then have to reflect production costs and. that means food would get more expensive much more expensive without subsidies farming would have to be even more cost effective and that would be at the expense of the environment. the take wants to see targeted financial support for measures to protect the climate and the environment so far farmers get subsidies no matter what methods they use p. take says that you should do more to support the shift to sustainable farming.
it all depends where the money is invested report by the food and land use coalition says globally a $1000000.00 a minute is spent on farming subsidies but only one percent of that is used to benefit the environment most of it promotes high emission cattle production the destruction of forests and pollution from the over use of fertilizer another example of where state perks compose more of a hindrance than a help is the support provided by the european central bank in the form of oprah easy money at historically low interest rates it's meant to promote growth across the common currency area well growth remains stubbornly low and instead what we've seen is a real field day for equities at the real estate sicko. founded in 1998 the european central bank is the central bank for all 19 euro zone countries its primary task is to keep prices stable once that goal is achieved the
e.c.b. is also supposed to promote growth politicians aren't allowed to intervene. the powerful institution has 2 main instruments number one the key interest rate the e.c.b. lends money to banks and hasn't charged interest on it since 2016 by doing so it wants to encourage those banks to create cheap loans in turn boosting the economy by promoting investment and outlay. inflation is also supposed to rise the central bank wants it at just under 2 percent if it comes in at less the danger grows that prices could fall long term. the e.c.b. can also buy bonds which is supposed to strengthen national economies it holds private and public sector securities totaling around $2.00 trillion euros. by buying the bonds the central bank affectively pumped fresh cash into euro zone economies which is good for growth but critics complain that's actually not allowed
because it amounts to state financing. the 0 rate policy also means that people who want to save now receive practically no interest on their savings that's driven many people in europe to invest in real estate driving up prices and trends and increasing worries of a looming housing bubble b.c.b. can't influence that directly but pressure is growing to raise the key interest rate the central bank wants to keep it 0 however because economic forecasts remain dark and raising the rate could make them even more somber. now what would happen if officials turned off the tap one day surely there are smarter ways to stimulate an economy portugal was put on any huge lifeline in 2011 it's since reemerge from the so-called economic korea just one program but it partly managed to kick that addiction thanks to
a clever strategy of selling itself to the rest of the block and the world as the location for startup founders. when the bad weather and villain becomes unbearable remember southern europe is not far away you can take a cheap flight anywhere that's the e.u.i. though. he spoke. a few hours later and i'm on the beach and follow in the south of portugal i could just stay here for wanted to get a job or start a business but for people who are not you citizens it's much harder the union may be softening internal borders but one is still quite difficult to cross the external border. gazing across the atlantic towards home towards morocco. every
child heard from his dad one day that my thought on the other side of the sea there is your pain if portugal you should work really hard in order to preserve it and good to go there. sign a set of us has made us at least in the eyes of american fathers. he's founded a company here in portugal one which helps other non europeans to do the same. i imagine that's incredibly difficult to move to the e.u. and set up a company all the paperwork must be very confusing if you aren't from here. on a cell r us knows just how frustrating it can be that's why he developed an online platform that allows others to register a company with a mouse click even if they're currently on another continent. it's very hard to interpret any african continent that europe is bad yeah like
europe has its pros and cons as every other. but still these entrepreneurs they want to grow they want to access bigger markers they want also to have a better. international experience talking about international experience certainly has plenty of it he's only 33 years old but his c.v. is longer than many twice his age as a child he travelled a lot with his parents and that left its mark on him to begin with he became a jet pilot for the american army. then he moved to south korea to work in space research. he later headed up large construction projects in japan indonesia qatar and canada before managing business in the middle east for a german company. it's
a matter of you know if you want something badly you. can just have to educate yourself right now like knowledge is everybody has access to the internet even in african countries so we have to have to educate yourself and you have to go after or treaties that kind of spirit certainly fits well with portugal a country that's super start up friendly especially its capitalist where it's raining great. a recent study shows this relatively small city has become europe's 5th largest stop for startups and you need the hype. is an entrepreneur and startup lobbyist without the hype and the attention it generates it's hard to build a momentum to do something like this here. she 1st company factory is converting an old military building into a huge office space for tech companies she works closely with the portuguese government which has launched a major push to attract tech companies and start ups
a new business visa makes entering the country easier for european entrepreneurs. if they ask me how best to do. it so we set up an online application process and did all the administrative stuff and then just let the people come to basically see how it would work if other european countries spend far too much time thinking about something before actually putting it into action before when i thought of so far only around 60 startup founders have used the visa since the program was launched with no orders that there were no real strong marketing efforts from from the government side if you want. or like this these youngsters in other countries believe in what they're when you have to go and talk to them and help them come here. and i sell our us sees that as his task offering other stupids unity to follow in his footsteps because
a border shouldn't be an obstacle to a good idea. it's for joining us.
good. good. good my heart not going to. be fought against violence his whole life. only to die for his convictions. does not need invading would the mob money this was a good use of it was modified mahatma gandhi and he saw the point don. dying for freedom my heart magon. 15 minutes w. horrible. horrible.
my 1st vice like moses sewing machine. where i come from women are balanced by this notion for something as simple as learning how to write a bicep those isn't. since i was a little girl i wanted to have a by cycle of my home but it took me years to the but there's. finally the game bob invention by me i'm biased like that but returns with the sewing machine sewing i suppose was more apropos into forgoes than writing i'm biased as knowledge i want to meet shallow for those women back home for a bone by then shooting and social norms and inform them of old dead basic rights my name is them out of the home and i work feed them.
whatever we begin to work for to get out of the. here too and that was fear of the increase of the temperature. 2050 we have to start by starting to decrease the amount of c o 2 for example now this is actually not a hard problem and just takes will power over there are very important economic interests to all and a lot of coal will hold a lot of oil and that are doing everything possible to make sure this doesn't happen or we have to fight them by 2050 robey while on the way to reliable renewable solar wind i'm optimistic that. we're not totally would say his piece of.
need to— deterrence and peace keeping and we need to look after those young people — need to look after those young people when they leave the armed forces— people when they leave the armed forces with so many problems in housing — forces with so many problems in housing and mental health issues and so on _ housing and mental health issues and so on but— housing and mental health issues and so on. but we don't build resilience conventional force by spending £200 trillion— conventional force by spending £200 billion on— conventional force by spending £200 billion on a _ conventional force by spending £200 billion on a new nuclear deterrent. thank— billion on a new nuclear deterrent. thank you. — billion on a new nuclear deterrent. thank you, penny mordaunt, to come back to you, clearly there has been a lot of comment already about the prime minister, indeed it amounting to no presence at all.— prime minister, indeed it amounting to no presence at all. amounting to? amountin: to no presence at all. amounting to? amounting to — to no presence at all. amounting to? amounting to no _ to no presence at all. amounting to? amounting to no presence _ to no presence at all. amounting to? amounting to no presence at - to no presence at all. amounting to? amounting to no presence at all - to no presence at all. amounting to? amounting to no presence at all on l amounting to no presence at all on d—day. how did you feel when he attended the british part of the event and other parts of the day but left the international event at the end of the day?— left the international event at the end of the day? what happened was ve wron: end of the day? what happened was very wrong and _ end of the day? what happened was very wrong and l'm _ end of the day? what happened was very wrong and i'm glad _ end of the day? what happened was very wrong and i'm glad the - end of the day? what happened was very wrong and i'm glad the prime l very wrong and i'm glad the prime minister— very wrong and i'm glad the prime minister has said that and apologised, he's apologised to veterans, but i think he also has apologised to everyone, because he was there _ apologised to everyone, because he was there representing us and what i
there is not one solution here. there is not one solution here. there have got to be many solutions that add up to addressing this problem otherwise the problem is going to overwhelm us.— problem otherwise the problem is going to overwhelm us. thank you very much- _ going to overwhelm us. thank you very much. thank _ going to overwhelm us. thank you very much. thank you _ going to overwhelm us. thank you very much. thank you for - going to overwhelm us. thank you very much. thank you for the i very much. thank you for the opportunity- _ very much. thank you for the opportunity. going _ very much. thank you for the opportunity. going to - very much. thank you for the opportunity. going to throw i very much. thank you for the | opportunity. going to throw a very much. thank you for the - opportunity. going to throw a number at ou. opportunity. going to throw a number at you- $200 — opportunity. going to throw a number at you. $200 trillion. _ opportunity. going to throw a number at you. $200 trillion. it _ opportunity. going to throw a number at you. $200 trillion. it is _ opportunity. going to throw a number at you. $200 trillion. it is huge i at you. $200 trillion. it is huge sum and, according to the financial information firm, it is how much debt the world holds. it is at record levels, nearly three times the size of what the global economy produces in a year. and some are warning it will only get worse because of the impact of rising inflation and interest rates. so how much of a struggle does all of that make it for us to pay our bills, loans and mortgages? i have been speaking to the boss of europe's biggest debt collection agency. thank you very much forjoining us. ijust want to thank you very much forjoining us. i just want to ask you, first, what your company does. how does it work?
soaring around the world, global debt has set a record. $300 trillion. so we will hear from the boss of europe's leading debt collection agency about how it balances the need to recover cash for its clients with peoples ability to pay. wherever you arejoining me from around the world, once again, a big hello and a warm welcome to the show. getting older is something that happens to all of us butjust how are we as individuals and as a society going to pay for it? this year, france has seen high profile and often violent demonstrations about government plans to address exactly that question but the french are not alone. across europe, as well as in the us and injapan and many other countries, our populations are getting older at a time when the global economic system has undergone a series of major
to balance the books. plus, with the cost of living soaring around the world, global debt has hit a record $300 trillion. so we'll hear from the boss of europe's leading debt collection agency about how it balances the need to recover cash for its clients with people's ability to pay. wherever you'rejoining me from around the world. once again, a big hello and a warm welcome to the show. getting old is something that happens to all of us. butjust how are we as individuals and as a society going to pay for it? this year, france has seen high profile and often violent demonstrations about government plans to address exactly that question. but the french aren't alone, across europe as well as in the us and japan and many other countries. our populations are getting
more for their own retirement. so there's there's not one solution here. there's got to be many, many solutions that all add up to addressing this problem. otherwise, this problem is going to overwhelm us. mark zandi, thank you very much. sure. my pleasure. thank you for the opportunity. i'm going to throw a numberat you. $300 trillion. it's a huge sum. and according to the financial information firm s&p global, it's how much debt the world holds. it's at record levels nearly three times the size of what the global economy produces in a year. and some are warning it will only get worse because of the impact of rising inflation and interest rates. so how much of a struggle does all of that make it for us to pay our bills, loans and mortgages? i've been speaking to the boss of sweden's interim europe's biggest debt collection agency, andres rubio, thank you very much