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Rather than actually doing something that's going to benefit the american public? >> i think that's very unfair. there's already been two cbo scores on the other iteration of this bill. >> why not a cbo score on this bill? why the rush here? >> because you're not going to learn anything we don't already know. the biggest tax drive is the federal tax. the problem with taking that approach is, remember, millions of people lost health care under obamacare. the cbo got that all wrong. the fact is the mandate did not result in everybody, all these younger people buying health care, many people refu...

In getting our friends across the conference to yes. there is $120 billion for pre-existing conditions and we just added another piece that enhances coverage and reduces prices for another 15 billion. we've got that one covered coming and going. >> i appreciate you laying out the choices here because that's exactly what this is about. this is about choices states are making. you were an economics professor for years. so lay out the case. also a free market conservative here. why people with pre-existing conditions should be guaranteed the same rates as other folks. >> well, they're not guarant...

Have coverage that might lose coverage or the fear they could lose coverage in this transition to what you've got. what do you say? >> but that's the standard debate about obamacare. if you're going to maintain all of the obamacare regulations, people don't have a choice right now. it's a false choice. under obamacare, you have this fancy gold-plated product. it's a reach premium in coverage. you can't utilize it because the deductible is $10,000. it's a debate. if you do back 20 years, i think people realize we have way better coverage at a cheaper price. i can afford the family conditions an...

The u.s. recorded its slowest economic growth in five years for 2016. gross domestic product only up 1.6%. trade deficits hurt the economy very badly. >> one thing on taxes truly revolutionary never happened in american miss industry. he ordered of the irs not to collect the tax penalty for the failure to have health insurance under obamacare. obamacare soon will no longer have that requirement no. president has had the guts to say to the irs thou shall not collect that tax and he did. ainsley: is he a businessman. is he a billionaire. he knows more than most of bus that. >> he certainly knows...

Business the most and policies that you would like to see changed? >> one of the big concerns we have is minimum wage is on the table here. pete: raising the minimum wage. >> raising the minimum wage. that's a concern of ours. most of our employees he entry level and minimum wage. that's a concern it will take a big chunk out of the revenues that we produce. pete: sure. you said you employ between 40 and 50 people. 50 people being the threshold to provide health insurance under obamacare. has that affected your decision at all. >> very little. we usually don't get that high. business stays con...