And tax reform investors will at some point, maybe sooner rather than later say okay enough of this. But for now, the market is not, were holding on but the dow is down 72. Hello, everybody, im cheryl casone. Im in for trish regan today. I would like to welcome you to the intelligence report. Boy, there is a lot going on. Source close to Senate Majority leader Mitch Mcconnell just told fox news the senator plans to go forward with a vote to repool obamacare first even if that vote fails. Right now appears mcconnell is well short of the votes he needs, to debate, debate the repeal bill as three republican senators are voting know. Were all over that story. Were waiting for Mitch Mcconnell. Were you watching President Trump getting back to his America First agenda. The Administration Just unveiling a new nafta plan aimed at shrinking our trade deficit with canada and with mexico. How exactly is this going to happen . How is this going to work . We have the intel for you on that. First i want to go back to washington with adam shapiro. Boondoggle at this point might be the word in my head, adam, with regard to going on what is the happening in senate with mcconnell. Reporter you have three senators, show you baseball cards of three who actually killed the effort to repeal. Susan collins of maine. She would have been a no vote, not only to debate but on repeal. She did that in 2015. You also have Lisa Murkowski from a alaska. She wouldnt even vote to proceed to debate. She is a no. Shelley Shelley Moore capito is a no. This was to put everyone on the record and move on. Was President Trump who said, look, republicans are not going to own this. This will be on democrats. Here is what he said just about an hour ago. Let obamacare fail. It will be a lot easier. I think were probably in that position where well just let obamacare fail. Were not going to own it. Im not going to own it. I can tell you the republicans are not going to own it. Well let obamacare fail. Then the democrats will come to us and say how do we fix it, how do we fix it . Or how do we come up with a new plan. Reporter democrats say theyre open to working with republicans on a fix but it cant include a repeal. So here is what chuck shuck asse minority leader Chuck Schumer the minority leader said moments ago. The. Republicans propose surgery. The operation was a failure. Now republicans are he proposing a second surgery that will surely kill the patient. Met sin is needed. Medicine is needed. Reporter getting these two sides together to fix it, good luck. Cheryl, back to you. Cheryl luckies really needed especially if youre Mitch Mcconnell right now. Were waiting to hear from him, adam. Thank you for all the details on that. You know, lets bring in more analysis on all of this republican strategist ashley hayak, democracy for america. Kneel sroca, weekly standard. John mccormack. So i mean this is, john, this is pretty wild what were seeing going on. You talk about draining the swamp. But Mitch Mcconnell seems to be losing more and more support every day. Is what were going to see happen with the president , let it fail, let obama care fail, let it be done . That will be really tough because what seemed to forget, obamacare is now synonymous with the individual Insurance Market. You remember like your plan, keep your plan . That wasnt true. Every everyone in there has been affected by costly and burdensome regulations, see obamacare go on and on to death spiral, listen this is totally true caused by bad legislation for democrats, but voters will expect republicans to get their act together to figures the problem. They might want to move on from health care but health care will not move on from them. Cheryl this is something president wanted to see first. Do health care. Then we move to tax reform. Tax reform is in jeopardy. That is one question here. Ashley, can they get anything done with regards to reform . If they cant repeal it, does that mean we have nothing, ashley on the table . Here is the problem first and foremost selfproclaimed conservatives when premiums go up they will be called a lot of things but these republicans will not be called conservatives. Next item is tax reform. If cant tax reform, done, the base will lose their stuff. One thing dictateses this. The market is up 1 and market and economy bought into the idea that economy will do better with repeal of obamacare, cutting back on taxes. When were not able to repeal obamacare, youre going to see effects long term. It will come down to the seats in reelections. Cheryl neil, what do you make republicans all signs are reporting to fail lure when you look at obamacare. Were talking about trumpcare, nothing, no movement, even repeal doesnt go anywhere . I think what youre seeing right now is that republicans are fundamentally unable to govern. They were able to run for eight years on something and now they cant even pull that together. The fact of the matter is reason why they cant vote to end obamacare because obamacare is increasingly popular with the American People. West virginia, alaska, two states killed repeal effort, even though donald trump won handily in both of those states, both of those senators came out of this repeal bill because in those states, especially medicare expansion portions obamacare are incredibly popular and needed. Cheryl john, you come out of washington as journalist, politics as usual seems to be winning in all of this. When President Trump came into office there was this feeling that you know was elected on wave of populism. People wanted to put the country first, repeal obamacare, replace it, et cetera, get tax reform done. Seems to me politics seems to overtake policy in all of this today. I think there is something to that. There is a lot of bias towards the status quo. Democrats passed this bill with 60 votes in the senate, overwhelmingly majority in the house and president won by very large margin. Republicans come in with much smaller majority a lot tougher to reverse this already in effect. Republicans, remember the president didnt run on specific repeal and replace again today. The house of representatives and senators they didnt have a specific idea in mind what they could come up with. You basically have conservatives and moderates unhappy as well as all the procedural roadblocks. Special rules they have to abide by. President trump was right he said much more difficult to pass this bill with these special rules rather than getting 60 votes as democrats did back in 2009 and 2010. Cheryl go ahead. Sorry, donald trump right now is impotent as leader of the Republican Party if he cant even get republicans on board to repeal and replace obamacare, something that republicans have been running on close to a decade. The reality is, republicans care far more about tax cuts for millionaires and billionaires than lives of American People. That is why they dont want to do anything on obamacare. Cheryl you know, neil, i have to push back on that. You can never underestimate the power of donald trump. He was underestimated as candidate. Agreed. Cheryl he, whether comes to World Politics or happening here at home. That is the thing, ashley. We know this president we know he will barnstorm a america. Will go across the country to fight for tax reform, many believe on wall street he should have done first. Spilt milk at this point, ashley. Take it to the people for tax reform. Is that his win, not health care . Tax reform is completely separate from health care. I think he has a huge opportunity here in that its a fresh plate. He also has the opportunity to expand tax credits that will help middle an working class. That will help Economic Growth and businesses grow. That will ultimately help our economy. Going back to my initial point, is that yes, these senators had seven years to come up with a new plan. From day one President Trump has said we have to repeal obamacare. And what the senators especially selfproclaimed conservative senators have done is absolutely nothing. It is on their hands. They should have had something since they have had seven years to complain about it. Cheryl were out of time. Bipartisan way we all agree this is pretty much a mess, the blame does fall, you got to say on the republicans. Were waiting for Mitch Mcconnell. Well see what he has to say about all this. Maybe he has a trick up his he sleeve, we dont know yet. At this point things are not looking real good. Ashley, neil, john, appreciate your time. Thank you. Cheryl joining me now with his thoughts on health care, former health and Human Services deputy secretary, former president of lily usa alex caesar. Alex, what do you make of what youre seeing in washington . Seems to be a mess from those of us watching from the sidelines right now . It is an absolute mess, youre right. Im astonished it does appear Republican House and senate will not pass anything even with the label repeal of obamacare on it. That will be a tough road in 2018 as they go back to the core voters having to explain that. I think mcconnell may now still call a vote on straight repeal just as matter of accountability with members of his caucus. Just make them put it on record so its not costfree. I really think that there is not going to be legislative action at this point. Meaning hot potato landed in secretary tom prices lap. Cheryl here is the thing. Im curious, what can tom price do . That is the question, if he is going to be left with obamacare, which the president and which many analysts say is failing, will fail, what can price do so that you dont have millions of americans left with nothing, sick americans . That is the concern i think from a human perspective in all of this . So lets separate the two programs. On the medicaid side you have got sema burma, running cms. Leader reinventing medicaid. State flexibility, change, devolution to states on medicaid. On individual Insurance Market side there will have to be a debate in the administration right now. The president said let it fail. I dont know fully what that means. This program is failing because of inherently how the rate structure and risk pooling was set up in it. So it is going to keep going down. The question, does the administration pull plug on patient or put it in hospice and try to make it a little better . There are things the secretary can do to actually save obamacare from many of the very mistakes that obama himself is and his administration imposed on the program. Cheryl we dont have a lot of time, but would he have the power to deal with lawsuits . I say that because tort reform is something that so many were screaming about back in 2008 when obamacare was passed without half of Congress Reading it, tort reform and maybe state to state competition for Insurance Companies. If you will have people in states with no exchanges, no options, is that something that price can do from a legal perspective . I honestly dont know . I think very little the secretary can do in terms of tort reform. I led those efforts for president bush in his administration. Very little the president can do unilaterally without legislation. Interstate sale of insurance, little the secretary can do but what he can do is grant wafers to states to states to create flexibility in exchanges. Waivers. I would do a top to bottom, comprehensive system rewrite of regulations of obamacare, imposing as much free market, localized flexibility as humanly possible. Even then the rate structure is just broken. That is in the statute. That he cant fix. Cheryl i agree with you, 100 . It is something, i couldnt believe it wasnt in the first bill. Here we are today with this mess that is these exchanges falling apart. Alex, thank you very much. Great, thank you. Cheryl appreciate it. You know the president has got a few things on the agenda. He is getting back to his America First agenda. He is outlined a new plan for renegotiating nafta. That was remember, one of his Biggest Campaign promises. Can he do it . Well talk about the legality of that coming up next. Are we going to allow other countries to break the rules, steal our jobs and drain our wealth, and it has been drained, and it has been drained . [applause] my experience with usaa has been excellent. They always refer to me as master sergeant. They really appreciate the military family, and it really shows. Weve got auto insurance, homeowners insurance. Had an accident with a vehicle, i actually called usaa before we called the police. 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[applause] were going to end up having a level Playing Field. I dont want to say anymore than a level but if the Playing Field were slanted like a little bit toward us i would accept that also, okay . [applause] cheryl want to take you live right now to senator rand paul of kentucky. He is speaking. Lets listen in. You saw what happened around here six years ago with the supercommittee there have been many ideas how to get more people in our country insurance. For example, 27 Million People dont have insurance under obamacare. The estimates are 50 of those 27 million dont get it because it is too expensive. It is too expensive of the obamacare regulations. The death spiral of obamacare, regulations make insurance expensive oh, but you can get it after youre sick. That is the real problem. That is the whole problem we have. Adverse selection and death spiral. That is what we need to fix. We dont have enough votes to repeal all of that. So well have to move forward. Im favor in moving forward with partial repeal and continuing to work on trying to get rid of the rest of the bad elements of obamacare driven prices up. Thanks, guys. [inaudible] no, im for a vote that succeeds. I think those republicans who promised to repeal obamacare ought to vote the same way they voted in 2015. If youre not willing to vote the same way you voted in 2015, then you need to go back home, you need to explain to republicans why youre no longer for repealing obamacare. Thanks. Cheryl so what he is saying basically. This is what we learned earlier today, that senator Mitch Mcconnell, Senate Majority leader Mitch Mcconnell intends to hold a vote on straight repeal. That is the questions reporters were asking of senator rand paul. That is what he wanted entire time. He has been on fox business. He has been on our air, repeal. That is what he promised his constituency. Back in 2015, there was a move by the senate to try at least repeal some parts of obamacare, president barack obama at time though of course vetoed that. It was kind of a symbolic move if you will by republicans. Senators at the time. He is saying hey, the way you voted in 2015 is how you feel, that is how you vote now. But remember, senator susan collins, senator Lisa Murkowski this saying no. They will not vote for repeal. They dont want to leave the American Public with nothing. Many repeal it, give it couple years, senator paul saying this is death spiral. Regulatory burdens of obamacare many analysts agree with is unacceptable for the American People. Want to bring in right now nick adams, founder, executive director of foundation for liberty and american greatness. Here is the thing, nick. Were fighting back and forth about what to do. It comes down to politics versus policy. What were seeing play out right now with these u. S. Senators, the Republican Party is to me, politics. As the midterms are approaching. What see you about that . Cheryl, you summed it up very well. It is definitely a battle between politics an policy. There is absolutely no reason that republicans shouldnt be able to pass this this is what they ran on. This is what they owe President Trump. I think it is incredibly disappointing that we have so many republicans that are just not coming to the table and not getting this done. And as a result i think this will have ramifications for future elections. If theyre not able to get together and do this. Cheryl why senator paul, not just now but earlier on fox business, last week had said i promised repeal. I will not go back to my constituents if im not supporting repeal. The problem is, mcconnell will hold this vote. It is going to fail. So youre going to have the political backlash on the heads of these senators. It would seem to me at this point well have nothing versus something. Now politically that hurts republicans yes . Yeah, thats right. It is amazing it has come to this, cheryl. They have had so long. They have had so much time, of this had such opportunity to prepare for this, and