Break would give workers with big businesses. We are giving americans the freedom who have got health care over it they dont have the Government Program freedom like theyve never had before to buy health care that is right for them. This is clearly obamacare gone a new freedom. Maria breaking down the gop plan coming out. That military moving part of its Missile Defense system following recent Missile Launches to north korea. North korea coming out. Severe weather strikes the heartland. Everywhere from the midwest to the south. You may need more time to get through security when you travel. The outrage as the tsa is wrapping up his patdown procedure. Markets look like this. Features back. Dow industrials to be down 30 points. S p 500 negative territory. This morning dft 100 is up a fraction as is the dax cac in paris lower. Although the shanghai, hanks said all higher. Weakness heading home. Although stories coming out with a gimmick towel. Wall street journal editor and matteroffact national cochair morgan ortegas. Welcome back. Aims for having me. Dagen regained the health care bill. Trade is that obamacare like . Dagen some conservatives say yes. It is not clear how much its going to cost. Still taxes and still government handouts. They stopped calling them subsidies and they call them tax credits, but still a government handout. You still have the exchanges could you give it up to mandates, but exchanges, subsidies and requirements like the ability for people to keep their children on their own Health Care Policy the 27th. Maria that was always important. Well drill down into it down into with the new replacement looks like and whether or not it is much the same as before. This morning at overstock. Com Patrick Burns with us this morning with a sense of retail. President ial candidate Fox News Contributor herman kaine is that this. The ceo contributor robert will visit us at harvard law Professor Emeritus alan dershowitz. Stay right there as they kick off the hour right here with the top story. House republicans unveiled their plan with the replacement last night. The bill called the American Health care is eliminated individual and employer mandate penalties. It gives a monthly tax credit to consumers instead of the current subsidies. Last night fox news interviewed congressman kevin brady and greg walden, responsible for the obamacare and repair legislation. Heres what went down. We begin by repealing the tax is, mandate penalties in subsidies and obamacare. To give americans the freedom to buy plants that they need that includes nearly doubling the size of the Health Savings accounts and make them more usable. Picture we are not pulling the rug out from under people. Not going back to the days that those with preexisting conditions were penalized or could not Access Health insurance. And now back to lifetime caps are allowing kids not to be on your insurance uil they are 26. This protection status for reform medicaid and get on the budget. Maria when you look at some of these subsidies or tax credit as they are called right now, they dont want anyone to lose coverage, right . Thats the big problem they face. Obamacare to expand coverage to millions of people and you cant take that away from them. A lot of bad are in bluecollar towns where people are suffering and trump doesnt want to basically pull the rug out from under his own base. You need something there. How do you make something as they are in terms of a coverage without looking just like what we had. Some of this plan does look like obamacare. You can rename a government handout to buy insurance from a subsidy to a tax credit but it still government money. If you got rid of the individual mandate, penalty people would place, however, theres a 30 penalty for any lapse in health care coverage. So if you buy it and stop paying for it, you get hit with a penalty like that. There were a couple of changes that the gop did make to try and kind of suit peoples concerns about it. They were going to reduce tax benefits for corporations that provide Health Insurance. But in terms of other taxes being done, not true. Cadillac insurance tax which would hit very Generous Health insurance plans, they delayed it. They didnt get rid of it. Its been delayed once. Effective date to 2020. Not kicks and 2025. Thats a budgeting track where they can factor that in. Less than 10 years that they can factor revenue coming in from that when they end up. Maria this is why theres so much debate within the gop. Willi gomer last night talking about this from the tea Party Perspective that he and others are basically referring to this has been obamacare lay. If you look at the political side, theres a provision to defend planned parenthood, democrats clearly opposed to that. When you look of a president obama did come it took in roughly 15 minutes to get through the congress. We were in month two of the term presidency. This is aggressive on the part of House Republicans. Dagen its not aggressive because theyve had seven years to come up with the replacement plan and all they talked about was to repeal part. The only way to get the to get this thirst for president translating on this baby is going to have to get people like willie gomer reported of him during the president ial election. He would give people that do not like grandpa who had a lot of fanfare and through president ial leadership. He will have to get everybody in line. Its a key first step in moving this. The other thing i find so interesting is the house is taking the leadership in all these issues. They are throwing out the first bomb on tax reform, eca reform and kind of setting them up to take on the hit on these proposals. Maria one of the most important issues here with the actors did via tax cut for most employers. If you see the cadillac plan is just a laid and doesnt represent the tax plan they thought it would be. They got rid of the employer mandate. And the employer mandate and ey are also getting rid of but the medical devices tax. He talked to anybody has been a job killer. In terms of opposition, the gop could lose 21 votes in the house on this. They cant afford to lose more than 21 votes. Its even more precarious than we have senators and republican senators rob portman, Lisa Murkowski of and expressing concerns over the approach to medicaid. 30 states accepted the Medicaid Expansion. This would dial back in some part. But again, that is not hardcore conservatism. But senators outlined to as the government handout. Medicaid is where a lot of the attention is. But its also where a lot of the expansion of obamacare came in the first place. If you want to cut back the costs come you cut back on medicaid that you the rug out from under. Dagen half the people in shortcut for the first time under obamacare. Have came through Medicaid Expansion. Medicaid expansion. You remember talking about big items repealing in the place and obamacare. All of history sequestration. We still talk about an 18 year budget was started not over. We have on a budget and he is a president obama. Is there big ticket items with rancorous houses. One big thing is how do you drive down the cost of overall Health Insurance and health care. Obamacare failed to get individuals to pay too much for Health Insurance this year is catastrophic preexisting conditions and older americans. One thing this does do is allow Health Insurers to charge customers even more. Five times the amount. They will charge older people. People who are older, more money. Thats one of the ways you start to cut pay. Young people are going to pay for it indirectly been insurers will charge directly. Fox business is going to have full coverage of congressman tom brady. Take them outside. This is dead. We at the moment when this actually is coming up, replacing them with appealing. Plans to expand exxonmobil getting a pat on the back for President Trump for a new 20 billion project. What it means for jobs in america. Is finding its way into your home. But google is called up for sketchy sources. Back in a moment. This is the silverado special edition. This is one gorgeous truck. Oh, did i say theres only one special edition . Because, actually theres five. Ooohh aaaahh uh hooooly mackerel. Wow. Nice. Strength and style. Its truck month. Get 0 financing for 60 months plus find your tag and get 5500 on select Chevy Silverado pickups when you finance with gm financial. Find new roads at your local chevy dealer. [and her new business i do, to jeanetgo. Jeanette was excellent at marrying people. But had trouble getting paid. Not a good time, jeanette. Even worse. Now im uncomfortable. But heres the good news, jeanette got quickbooks. Send that invoice, jeanette. Looks like they viewed it. And, tada paid twice as fast. Oh, shes an efficient officiant. Way to grow, jeanette. New. Get paid twice as fast for free. Visit quickbooksdotcom. Maria welcome back piece of your mother sending parts of the midwest. Good morning, cheryl. Trini good morning, maria. Thunderstorms packing out tornadoes across the central midwest part of the country other than minnesota. The National Weather service the National Weather service has two tornadoes touched down in missouri. Several homes damaged or destroyed as a result of that tornado. Parts of the midwest and the south into today. Powerful winds are the primary threat according to forecasters. The news this morning, exxonmobil promised in 20 billion to build or expand refinery across the gulf coast. Darren boyd says the decadelong investment would focus on plants in texas and louisiana and create 12,000 per minute tops and 35,000 temporary construction jobs. Average salary estimated at 100,000 per job. President trump thinking exxonmobil in a series of tweets. 45,000 construction manufacturing jobs in the gulf coast region. 20 billion investment already winning again america. Everybody, get ready to go your tsa agent a little more intimately. Tsa will another warn is a parttime method of the website. The agency says right not to use the back of the hands for pat downs. Sensitive areas of the body. Not that leaves the front of their hands on a passenger in private screening areas and shows the presence of the next low said. Tsa is about 2 Million People airports across the country everyday. They dont tell us how many pat downs they actually do. This seems to be in response to a scathing report that weapons for making it through tsa check point that an alarming rate. Finally, google home coming under fire for spreading fake news. When you asked to speak or oppression, to reset the top search result even if the source and as we are going to say sketchy. In a bbc reporter asked whether barack obama was planning a coup, the smart speakers said the former president is in bed with the communist chinese and may in fact be planning a communist coup detat at the end of the term. They are working to fix it. I am thinking maybe a software fix is in order. Back to you. Maria thats funny. Where do you come up with that . I wonder what google home will say to me about the president of the u. S. Thats what it said. Can you imagine . Maria this is why they are working on fakeness american quit twitter. Maybe they should go to they should look to jigsaw within google to solve this. Maybe stick to reading the wall street journal. Maria are watching mornings with maria. Well take a short break. The market rally stalls on wall street. We will again into it and take a look at markets and your money. A possible megamerger in the works. The white house is in big deals. Details coming up. Tuesday morning. Stay with us. As after a dvt blood clot,ital i sure had a lot to think about. What about the people i care about . Including this little girl. And what if this happened again . I was given warfarin in the hospital, but wondered, was this the best treatment for me . So i asked my doctor. And he recommended eliquis. Eliquis treats dvt and pe blood clots and reduces the risk of them happening again. Yes, eliquis treats dvt and pe blood clots. Eliquis also had significantly less major bleeding than the standard treatment. Both made me turn around my thinking. Dont stop eliquis unless your doctor tells you to. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. If you had a spinal injection while on eliquis call your doctor right away if you have tingling, numbness, or muscle weakness. While taking eliquis, you may bruise more easily. And it may take longer than usual for bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Eliquis treats dvt and pe blood clots. Plus had less major bleeding. Both made eliquis the right treatment for me. Ask your doctor if switching to eliquis is right for you. i moved upstate because i was interested in building a career. I came to ibm to manage global clients and big data. But i found so much more. its really a melting pot of activities and people. applause, cheering new york state is filled with bright minds like victorias. To find the companies and talent of tomorrow, search for our page, jobsinnewyorkstate on linkedin. Search for our page, i was thinking around 70. To and before that . Re . You mean after that . No, im talking before that. Do you have things you want to do before you retire . Id really like to run with the bulls. Wow. Hope youre fast. I am. Get a portfolio that works for you now and as your needs change with Investment Management services. Maria markets that index. Features find another day of decline. Dow industrials down 20 points. The dow yesterday farnborough 21,000 is coming on the heels of the House Republican announcement that a bill to repeal and replace obamacare added to care added this after jobs report on friday. Youll hear from kevin brady, head of house ways and means at 11 00 a. M. This morning. Well take that live to discuss the specifics on this repeal and replace than the gop is out of today. Chief equity strategist, tony dreier is with us this morning. Good to see you. Anything change in this market the last couple weeks . We know the euphoria has been all around new policies out of washington. I think the euphoria is more than that. I think people are coming to grips where theres not going to be any antibusiness policy come in the next four years. Not only does that unleashed animal spirits on the equity side comment done it on the corporate side. I really underestimated the impact that the impact not having any antibusiness president is having on the sea level, ceo, cfo levels. Its a really big deal. That said, the market is clearly in my opinion ahead of it self. A year ago we were talking about how the bear market has begun and focused on economic decline in the emerging markets, emerging economies are tanking. Commodities going down hard. Corporate audios were spiky and. It was so much. Now you had a much optimism. Ultimately, the economy is getting better, not worse globally. Currents will pick up a mass of market is. Are you saying the market can sustain the can sustain these games even without the tax reform that President Trump has promised to arrive at the aca repeal . Is it enough just to not be writing regulations . As i said i think it can because when you have a nonrecession Oil Price Drops liquid if i share, you typically create the negative industrial backdrop for two years. The only time it was different was 85 and 86 00 p. M. Wednesday by not emerging economies, Global Economy and start lifting profits, thats what they do. Theres five market facts. The direction of earnings is driven by economic activity. Driven by the sloping yield curve and by fed policy and core inflation. Unless you argue with me we have a major inflation spike, you will not invert the yield curve and youll not go into a recession. Maria we keep talking about tax refunds and tax cuts and the need to move on now. We should point out their individual tax cuts for wealthier americans in this repeal and replace bill from the gop. For wealthier americans, it gets rid of the 3. 8 tax on Investment Income, which is a big deal in this nine tenths of a percent or. 9 tax on wages. Those are gone. Those are for wealthier americans. Nevertheless, tax cut. Thats why theres not a single democrat signing onto this. Maria that also has Small Businesses, which was the reason for the 49ers. And it gets rid of the mandate. As well. Even businessecan you give rid of the incentive to have employees because he could have 52 now and you dont have to provide Health Insurance for employees. By the way, democrats push back against it because its a republican plan. Nothing to do at the detail in it. Batf regulations going away and that you are going to impact wealthy individuals and Small Business by the rollback of these taxes taken as referring to, that certainly has to unleashed a business that dvd. We did this the more we see how people act. Im a lot more comfortable that im not going to get your taxes. But shut down my spending and Household Spending was the fiscal cliff. I knew i was going to get fed a taxes from the obamacare plan, aca actor rather areas. I know at this point for the next two years anyway, im not going to get a taxes and that allows me to spend money i may have paid to. The gods have not cash thats been raised from the Corporate Credit issuance. Its had a record every year. Extraordinary the biggest january on record. What about the thread board tax . It seems like we did talk about that. They are to have a plan of adjustment based upon the different angles. Its not like this is hitting them in the side o