President ick with the this morning and begin with his comments yesterday as the wall street ceo council or he talked about how washington gridlock does not necessarily reflect divisions in our country. Republicans as well. Send us a tweet. Or post on facebook. You can also email us. Let me show you the president in his own words yesterday. He was interviewed by a columnist for the paper. Here is what he had to say about washington gridlock. When you go to other countries, the political divisions are so much more stark and wider. America, the difference between democrats and republicans, we are fighting inside the 40 yard line. You have fooled most people on that in the past couple of months i would say. Betweenld distinguish is rhetoric and tax experts differences. People calles me a socialist sometime, but you have to meet a real socialist to have a real sense of what it is. I am talking about lowering the Corporate Tax rate. My Health Care Reform is based on the private marketplace.
Navigating healthcare. Gov. The remaining three quarters just under 80,000 signed up on one of the Health Insurance exchanges run by 14 states and the district of columbia. More disturbing for the administration, the ratio of obamacare customers is currently heavily tilted toward those receiving insurance entirely funded by the government. Nearly 400,000 americans qualified for medicaid or childrens Health Insurance Program Coverage four times the number who have signed up for private insurance. There is high interest in the health care plans. Nearly 27 Million People have visited the federal and state web sites and just over three million have called for information or help signing up. These disappointing enroll. Numbers are not the only problem for the white house. Senate and House Democrats are increasingly frustrated the president has yet to produce a fix for those who saw their individual insurance policies canceled and cant afford the new ones. Senate democrats, scott, have summo
Profiting by the trends. Pinched by pensions. Tonight we head to chicago to see just how deep the problems run. All that and more tonight on nightly Business Report for tuesday, november 19th. Good evening everyone. Topping our news, three corporate giants, jp morgue chase, home depot, microsoft members of the dow index and making news today for different reasons. We begin with microsoft and Shareholders Meeting today but it wasnt a typical Shareholders Meeting. This was the final one for steve balmer who steps down as ceo next year and marks the beginning of a historic management changeover at the company. As microsofts bored narrows the search for a new leader, the company will end a 38year stretch where balmer and dates led. Who might be next in charge. Reporter it was a historic day at microsofts annual Shareholder Meeting, the last meeting with steve bauper as ceo. Im confident we have the right strategy in place. Reporter its unclear who will replace balmer, who became ceo in jan
Unexpected medical expense. Never again will a woman have to pay twice as much as a man for the same insurance. That is why allowing insurers to continue offering deficient plans next year is such a bad policy. The law says that all plans except those that were grandfathered in 2010, must meet the new Consumer Protection standards. If we dont enforce this policy, Insurance Companies can continue offering flimsy coverage that disappears when people actually need it and no one should want that. It is understandable that there will be a focus today on what isnt working, but we must also remember what is working. The Health Insurance plans that are being offered in the exchanges are good plans. The premiums are much lower than expected. 60 of the uninsured individuals shopping in the new marketplaces will be able to get coverage for less than 100 per month. Half of the young adults will be able to get coverage for less than 50 per month. And since congress adopted the Affordable Care act,
They would find most effective. Thank you. Thank you, mr. Chairman. Thank you, madam secretary. The chair now recognize the chairman of the full committee for five minutes. Thank you, mr. Chairman. So the goal was to enroll seven americans by the end of march. 365,000 folks in rolled through the end of november. Premiums are due beginning middecember. I wonder, madam secretary, if you could tell us, after christmas somewhere between christmas and new years, as to how many people actually do pay the premium that is due, if you could share that number during the christmas break with us. Would that be possible . Chairman upton, the deadline to enroll is the 23rd. The deadline to pay is the end of the year so we will not have a number until can you let us know that first week as to how many speakers i will let you know as soon as we have the numbers. You indicated to mr. Pallone that, in fact, the launch was flawed. Knowing what you know today, do you wish in fact that you delayed the laun