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Paulngton journal spoke to howard, Health Care Policy director of the Manhattan Institute. This is 20 minutes. Joining us to talk about the childrens Insurance Program is paul howard, who joins us from new york. He is at Manhattan Institute services. Good morning. Ard, who joins us from new york, hes with Manhattan Institute, healthcare policy director, good morning, sir. Guest good morning. Host for those who are not aware, talk about exactly what the Childrens Health Insurance Program is and bit about what its purpose is. Guest right. Childrens health Insurance Program is a Bipartisan Progra...

Shouting] ble if you want a hearing, you better shut up. Ok. [indiscernible chanting] no cuts for ] id no cuts for medicaid, save our for medicaid, save our today . I observed can i be an observer . You sure can. That would be great. Continues] medicaid r ] hanting [chanting no cuts for medicaid, ] ur cuts for medicaid, indiscernible] medicaid no cuts for medicaid no cuts for medicaid uts for medicaid uts for medicaid uts for medicaid no cuts for medicaid uts for medicaid no cutsfor medicaid for medicaid no cuts for medicaid, save our liberty no cuts for medicaid, save our liberty. No cuts for...

Are stalling out here after a little bit of a rebound earlier from yesterdays losses. Sideways movement as of now. Some interesting takeaways as you take a step act. One of the metrics we are looking at is on the bloomberg terminal. U. S. Households owning shares of bonds are as of june 30. The prior record was 128. 4 act in march 2000. That is when the internet bubble popped. Berg is sounding the alarm this time. He wrote a report that this metric is a caution sign for the u. S. Market. That is something to continue to watch here. There is a lot of stock relative to gdp. Back the markets, we ...

Ok. [inaudible] will come to order. I would like to welcome everyone, and i do mean everyone. Shouting] ble senator hatch if you want a hearing, you better shut up. [shouting continues] [banging gavel] senator hatch all right. Can i observe today . You sure can. That would be great. [shouting continues] [shouting increases in volume] [banging gavel] senator hatch the committee will be in recess until we get our [shouting continues] [indistinct shouting continues] [chanting continues] no cuts to medicaid. Save our liberty. No cuts to medicaid. Save our liberty. No cuts to medicaid. Save our lib...

Please come to order. We have a vote at 11 45 but that should leave us an opportunity to hear from our witnesses and have good time for questions. I told our witnesses that i was to d lited to be talking about something other than the individual Health Insurance market. And im really quite serious about that because we know that the larger issues in health care are much more than the 6 of the people whom have to buy their Health Insurance in the individual Health Insurance market. So were glad to have this discussion and a subject on which both republicans and democrats have a lot of interest ...