KQED Nightly Business Report June 23, 2017
New York Stock Exchange in tonight for tyler mathisen. The veil of secrecy was finally lifted today as Senate Republicans unveiled their version of the repeal and replace health care bill. The draft ends the obamacare individual mandate and takes aim at federal support for medicaid. Naturally, not everyone is happy and the gop wants the bill passed by the 4th of july break. Health care makes up about 16 of the overall economy, so any legislation will have a big impact, and it was felt today on wall street. The major insurers were higher, as you can see here, up fractions. But it was really fel...