To stifle innovation and thats going to be very interesting to everyone on the panel. Innovation were talking about personalized medicine talking about a time when something comes out like some kind of immune o therapy, bioengineered products, genetics, new cancer treatments, new robotics. All of these things work for some people not for other people and they are extremely expensive theres simply no way that a negotiated medicare price is going to cover these innovative treatments. So one of the things that seems to get everybody angry is that Foreign Countries pay less for american drugs than americans do, and i have to say thats a pretty winning kind of campaign thought or whatever. Whats your response to that . Why is it happening and will this proposal alleviate that . It is happening and the reason its happening is because the block negotiates the same way that they are proposing here but in a way its fixing the front end by addressing the rear end. If we want that to be fixed, liz , we should put a stop to it, i say, by export taxes. I think that any drugs we export to Foreign Countries should have a tax on them almost like a tariff. I mean, look, the secretary has said lets import price controls , essentially by saying were not going to pay more than theyre paying. That has a serious downside as well. Id just rather see us tax anything outgoing and i also want to add were talking about a global marketplace here. Its not the way we used to say it. All drugs manufactured in the United States were paying for the pipeline here, were paying so that a drug manufacturer could make 1 billion to go from beginning to where they reach the market. Why is there stuff being made in china and india. But its not being originated out of china and they are produced there but the research is done here and europe exactly so they get the benefit. David jonathan . But that, you practiced medicine for quite a long time. Isnt government really the elephant in the room here that no one including Speaker Pelosi is talking about . Look if government promised to buy everyone a hamburger every year i promise you, hamburger prices would go up year after year after year because thats exactly what happens in medicine my gosh you can do back to bush s prescription part d to obamacare even the medicare itself which now pays for 30 of Prescription Drugs, also just about 15 10 years ago so without addressing the elephant in the room, government is a major buyer of healthcare in this country. I love that you guys are all saying that pelosis plan is so radical. This is pretty close to President Trumps plan when he was a candidate. It has some of the same elements. This is very clear that medicare this is very clear that President Trumps plan when he was a candidate. This is much more extensive like a med medicare patient cant pay more than 2,000 a year , and well penalize you. Its price control. It was government medicare was able to negotiate and challenge Prescription Drug prices, and challenge pharmaceutical pricing. This was President Trumps original plan. Yes, it has more detail. Its more expensive though. But its called radical. I want to address jonathans point though because when its this extensive and i think your point is fair if we could find a way to just negotiate the way private insurers do that it would be one thing but to jonathans point when its government doing the negotiating its so bureaucratic. You have to, i as a doctor you have to appeal for every treatment. I have this right now going on with my motherinlaw, whose thank god, recovered from pneumonia. She cant get her tube feeds approved medicare. If medicare starts getting more into the game and negotiating youll have less treatment to offer. And how are we depending on a government and people in government running trillion dollar deficits and 22 trillion of debt to tell us what to do on pricing of anything. They have not been able to show that they know how to balance any book, and theyre going to tell us what the price is going to be . The market is the best price of all items. Wait a second. I agree with gary on that, they have not been great to negotiate i mean, gary and i are fully aligned there. That being said they are the largest buyer of Prescription Drugs. They should have the ability to negotiate. David by the way the Prescription Drug program was george bushs doing. But go ahead, doctor. Hold on. Go ahead. Im not against roberts point, but i also want to point out to jonathans point do you know what works when it comes to negotiating prices . Medicare advantage, and thats actually working making money for everyone, providing services that seniors like and immensely popular, grown to almost 40 of the medicare situation is now turned over to Medicare Advantage and they are negotiat ing prices so if i could expand that more, id be happy to. Im not against the government negotiating prices. Im against how this is being proposed. Were going to choose the top 250 drugs to target. That seems to me to be unbelievably sort of single handed and autocratic and not workable because the government should not be in the position of picking and choosing. And theres fundamentally no difference between healthcare and an iphone, or a hamburger for that matter. It is simply the presence of government whether it be in healthcare, whether it be in education thats the reason the why all these services go up and up. David hold on a second. There is a difference, jonathan, because hamburgers are not a matter of life and death. Some of these Prescription Drugs are. Food is not, david . David hold on. The point is that if you are a cancer patient, you have to rely on a particular medication to stay alive. I mean thats a life and death situation, whether you get a hamburger or not is not. What better mechanism to invent it. David the point is, jonathan, the point that i would agree, hold on the point that i would agree with you on and i would like actually the doctor to chime in on this is the fact that president bush did open up a pandoras box and i agree with robert on this, the fact is that now since we have prescription d planned, it is a part of medicare, government has become the biggest buyer, so you cant avoid that, doctor, can you . You cant avoid unfortunately government getting in where i think the free market should be. Well except the government with part d even David Schweikert also often involved with private insurance as they go to negotiate those pries so its not purely government. I have another idea to throw out here that just came to me. Do you know what medicaid does . It has formularies in each statement im not against the government being in this game by saying okay, here is a drug were going to favor. We know this works, doctors all agree this works. This is a big player were putting it on our formulary let everybody compete to get on the formulary and you know the prices are lower but the idea of a government setting prices is something thats going to end up restricting things. Whenever you put a cap on prices you drive down supply. That is a given. And by the way david hold on, hold on, go ahead liz. Prescription drug prices are a small percentage of our overall healthcare costs. Why arent people talking about hospital costs and other things that drive up expenses too . If this is, i mean, look i think people are concerned about this, but this is just a way of getting attention and sort of driving the narrative that democrats think will favor democrats. And there is no concern on healthcare. We are using the word government too much. Its people that will be negotiating the prices, and people are flawed when it comes to prices, and if they undercut too much there goes research and development for these Great Companies that come out with new wonder drugs, that saves people so you got to be very very careful about this. Thats where i go back to let the market bear itself out but unfortunately this baby is out of the bag already. This is the way were headed. Thats the key and to add to lizs point do you know what hospitals are wisperring about all the time . Medicare and medicaid pays them 0. 85 on the dollar and they make it up on private insurance. The more we shrink the private Insurance Market the more we shrink private companies. David what a great discussion. Doctor thank you very much for being here. Appreciate it very important stuff. 98 of votes have now been counted in israel but the struggle for power is far from over. The very latest from jerusalem on who will lead the nation going forward. What a time to be alive. The world is customized to you. Built for you. So why isnt it all about you, when it comes to your money . So. Whats on your mind . We are edward jones, a 97yearold firm built for right now. With one Financial Advisor per office, were all about knowing whats important to you the one who matters. Edward jones. Its time for investing to feel individual. Doprevagen is the number oneild mempharmacistrecommendeding . Memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. Tv aas many safety features powas the rx, the new. The lexus rx has met its match. If theyre talking about you. You must be doing something right. Experience the style, craftsmanship, and technology that have made the rx the leading luxury suv of all time. Lease the 2019 rx 350 for 399 a month for 36 months. Experience amazing at your lexus dealer. 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The two candidates met today for the first time in months at a ceremony marking the anniversary of former Prime Minister and president. And in between them was israeli president who will give one candidate the nod likely next week, to Start Building a government, until then both will continue meeting with smaller parties to ask for support. Benjamin netanyahu is facing charges of corruption and bribery could face jail time if not reelected Prime Minister and able to pass an immunity law the urgency was seen today as he called for a government with his main rival something he campaign ed against doingment meanwhile, if the support of the former defense minister who will control eight israeli connected seats he will increase his chance to become Prime Minister. I want to set a broad and liberal unity government headed by me. A government that will manifest the will of the people and our promises to the public. Reporter Prime Minister has canceled his trip to the United Nations next week as he continues to look for ways to out maneuver his opponent. Back to you. David thank you very much, tre y. President trump and bench have a very close relationship, they still do but moving forward were going to be relying a lot on israel for big issues in dealing with iran, so will we have the same kind of partnership with the next Prime Minister even if hes not Benjamin Netanyahu . I think its a certainty. President trump already came out and said we are in partnership with israel. Thats just in case Benjamin Netanyahu does not win. Look these two countries are best of friends for darn good reason. Israel is a miracle in the middle east. A great democracy. Obviously we are the greatest democracy, and we know that we are hand in hand together on moving this world forward so i am not really worried at all. Of course having somebody new we will have a different partnership but im not worried one bit. Id agree with gary that the relationship is going to continue to be stellar and continue to be our most important allie in the middle east, although i think that you will see a lot more talk about a real twostate solution, as opposed to the idea that a two state solution seems to be off the table with Benjamin Netanyahu so i think youll see a little less hawkish tone coming out of israel. I think its going to be very interesting if you get a shared government and theres a fair amount of talk, and it happened with the president with another fellow, and so Benjamin Netanyahu said no, no, that wasnt in the interest before when he thought he was going to win but now that hes not won i think thats the way forward in which case, obviously, President Trump is going to be able to work with both of them. I would like to say if it is those shared values that gary alluded to between the United States and israel, the democracy and capitalism that binds us but obama was so openly of israel for years and years that maybe these personalities are probably more important between President Trump who i give great credit for reaching out and standing by israel and who ever is the next leader of israel, more than anything, the u. S. Has to provide that moral support, financial is important but moral support that israel has to do anything and everything and it must do to protect itself in a very dangerous neck of the woods jonathan no question i would totally disagree with you on obama and israel considering hes the one that funded the iron dome when they were having to cut military spending here, and the budget, let me finish, they were coming here and the one thing they made sure they didnt cut was the relationship with israel to make sure they gave over 1 billion to make sure israel was safe, without the iron dome wed be talking about a different israel today. Well, that was one of many instances of what i thought was real contempt for israel. Im glad to see President Trump has repaired that relationship and hope it strengthens from here. David by the way the wall street journal is reporting it was a surge in the arab vote for all of the critics of israel, a lot of whom are in the United States who say theres no democracy in israel. The arab vote there was a 60 turn out as opposed to 49 back in the vote in april. They are the ones that made the real difference here, so there is indeed democracy, itll be very interesting to see how the arabs what role they play in the new government as well. Meanwhile, amazon Ceo Jeff Bezos unveiling a new plan for his company to go green, so is the private sector better suited than government to help the environment . Well be asking a former epa official what she thinks, thats coming next. Today we are announcing the climate pledge. Your business is up and running, but is it going beyond fast . Comcast business gives you high speed internet. 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