FRACTIONAL MOVE ON THE U.S.
FUTURES, SO GLOBAL MARKETS ARE
WATCHING TRADE TALKS THIS
MORNING BETWEEN THE UNITED
STATES AND CHINA.
BEIJING IS MAKING BOTH PROPOSALS
IN TRADE NEGOTIATIONS NOTABLY ON
FORCED TRANSFER OF TECHNOLOGY
ACCORDING TO REUTERS, ACCORDING
TO MNUCHIN AND LIGHTHIZER ARE IN
BEIJING, KICKED OFF NEW ROUND OF
TALKS TODAY, JOINING US RIGHT
NOW TEXAS CONGRESSMAN MICHAEL
BURGESS.
THANKS FOR BEING HERE.
>> THANKS FOR HAVING ME.
MARIA: I KNOW THAT CHINA IS
WILLING TO OPEN UP MARKETS,
FINANCIAL SERVICES IS GETTING A
FOOTHOLD AND THEY ARE WILLING TO
BUY MORE GOODS FROM THE U.S. BUT
WHAT ABOUT BIG TICKET ITEMS LIKE
IP THEFT AND FORCED TRANSFER OF
TECHNOLOGY.
DO YOU BELIEVE THE U.S. WILL PUT
SOME ENFORCEMENT IN PLACE TO
ENSURE THAT BEIJING FOLLOW
THROUGH IN PROMISES ON THAT
SCORE?
>> WELL, I DON'T THINK THAT
AMBASSADOR OR SECRETARY WOULD BE
THERE IF THERE WEREN'T
EXPECTATIONS TO GET THAT DONE.
LOOK, ENCOURAGING THING IS THAT
THEY ARE THERE AND TALKING AND
IT'S IMPORTANT, THESE TRADE
DEALS WORK OUT, THE PRESIDENT
HAS TAKEN THIS ON AND PUT
AMERICA FIRST AND THAT'S A GOOD
THING BUT THE DEAL NEEDS TO GET
DONE BUT A LOT OF EXPECTATIONS
ON THE SECRETARY AND AMBASSADOR
RIGHT NOW.
MARIA: DO YOU THINK WE WILL BE
ABLE TO GET A DEAL BETWEEN U.S.
AND CHINA?
>> I DO, I DO.
IT'S TOO IMPORTANT NOT TO GET
DONE AND THAT ONE IS OBVIOUSLY
-- WE HAVE THE ME
-- WE HAVE THE MÉXICO
CITY-CANADA AGREEMENT WHICH
WOULD COME IN LEGISLATIVE FORM
TO THE CONGRESS LATER THIS
SPRING BUT THE CHINA ASPECT IS
ONE THAT IS REALLY COMING JUST
THROUGH THE ADMINISTRATION AND
THEY NEED TO BE SUCCESSFUL.
MARIA: GLAD YOU MENTIONED USMCA,
THAT'S GOING TO BE SOMETHING
THAT WOULD MOVE MARKETS AND
THERE HAVE BEEN A FEW DEMOCRATS
OUT THERE THAT BASICALLY SAY I'M
NOT GOING TO SIGN THIS IN
CURRENT FORM.
DO YOU THINK IT PASSES?
>> YOU KNOW, ALL OF US NEED TO
SEE WHAT -- WHAT THE DEAL ON THE
TABLE IS IN ITS FINAL FORM AND
THAT'S THE BIG UNKNOWN RIGHT
NOW, SO, SURE, I WOULD EVEN SAY,
WELL, I HAVE TO SEE IT FIRST
BEFORE I COMMIT TO IT BUT YOU
KNOW FOR YEARS WE'VE HEARD
PEOPLE SAY THAT NAFTA IS
PROBABLY, THERE'S THING WITH
NAFTA THAT WEREN'T GREAT AND
NEEDED TO BE FIXED AND HERE IS
THE OPPORTUNITY TO FIX THEM,
THEY'LL BE BINARY CHOICE WHEN
YOU GET TO THAT POINT.
EITHER STAY WITH STATUS QUO
WHICH IS NAFTA OR MOVE ON WITH
WHAT THE PRESIDENT HAS BEEN ABLE
TO NEGOTIATE WITH ME
TO NEGOTIATE WITH MÉXICO-CANADA
TRADE AGREEMENT.
I SUSPECT IT WILL PASS.
I DO, DEMOCRATS FOR YEARS HAVE
COMPLAINED ABOUT NAFTA.
HERE IS THEIR CHANCE TO MOVE ON.
MARIA: CONGRESSMAN, YOU ARE A
DOCTOR, I WANT TO TALK TO YOU
ABOUT HEALTH CARE, YOU'RE
OBVIOUSLY A CONGRESSMAN.
THE JOURNAL IS REPORTING THEIR
EDITORIAL BOARD HAS AN OP-ED OUT
TITLED THIS, LOSING HEALTHCARE
STRATEGY AND THE EDITORIAL BOARD
WRITES THIS, THE ADMINISTRATION
HAS WRITTEN NEW RULES THAT ALLOW
HIGHLY AFFORDABLE SHORT-TERM
HEALTH INSURANCE AS WELL AS
ASSOCIATION HEALTH PLANS THAT
OFFER ACROSS RISK POOLS THAN
SINGLE EMPLOYER OR OBAMACARE
EXCHANGE.
THE GOP CAN BUILD ON THE BASE TO
OFFER NEW CAMPAIGN VISION TO
TAKE TO VOTERS BUT BETTER TO DO
IT WITHOUT PURSUING LEGAL
STRATEGY THAT'S LIKELY TO FAIL
AND BLOW UP POLITICALLY.
OF COURSE, THE PRESIDENT HAS
CRITICIZED THE AFFORDABLE CARE
ACT.
HERE IS WHAT HE SAID.
>> OBAMACARE IS A DISASTER, SO
WE ARE GOING -- I SAID IT
YESTERDAY AND I MEAN IT 100%, I
UNDERSTAND HEALTH CARE NOW
ESPECIALLY VERY WELL, A LOT OF
PEOPLE DON'T UNDERSTAND IT.
WE ARE GOING TO BE THE
REPUBLICAN, THE PARTY OF GREAT
HEALTH CARE, THE DEMOCRATS LET
YOU DOWN, THEY CAME UP WITH
OBAMACARE, IT'S TERRIBLE.
MARIA: CONGRESSMAN, HOW DO YOU
BECOME THE PARTY OF HEALTH CARE?
>> WELL, FIRST OFF, I AGREE WITH
WHAT THE PRESIDENT JUST SAID,
WHEN I HEAR FROM CONSTITUENTS
ARE HEAR FROM PEOPLE THAT ARE
CONCERNED I DON'T WANT TO LOSE
PREEXISTING CONDITIONS.
RIGHT NOW I HAVE A POLICY THAT I
CAN'T AFFORD, I'M FORCED TO BUY
AND SCARED TO USE BECAUSE MY
DEDUCTIBLE AND COPAYS ARE SO
HIGH I WILL GO BROKE.
THERE'S BETTER WAYS, YOU JUST
REFERENCED THEM.
THE EMPLOYER-SPONSORED MARKET,
PREEXISTING CONDITIONS ARE
COVERED FROM DAY ONE, ALL OF THE
PEOPLE THAT ARE WORKING TODAY
THAT WEREN'T WORKING WHEN THE
PRESIDENT TOOK THE HAND OFF
BIBLE 2 YEARS AGO, IT'S A GREAT
SUCCESS STORY AND WE OUGHT TO BE
TALKING ABOUT MORE.
MORE PEOPLE HAVE COVERAGED,
LARGE GROUP MARKET COVERAGE
UNDER PRESIDENT TRUMP THAN HAD
TWO YEARS AGO, THE ASSOCIATION
HEALTH PLAN IS A WAY TO EXPAND
THE SAME TYPE OF LARGE GROUP
COVERAGE TO SMALLER BUSINESSES.
WHEN I WAS IN MEDICAL PRACTICE I
WOULD HAVE LOVED THE ABILITY TO
PARTNER WITH OTHER MEDICAL
PRACTICES IN THE AREA.
MY EMPLOYEES WOULD HAVE HAD
BETTER HEALTH CARE, IT'S A
WINNING STRATEGY AND WE HAD A
LONG ARGUMENT ABOUT IT ACTUALLY
IN OUR COMMITTEE YESTERDAY, THE
DEMOCRATS HATE THIS TYPE OF
PROGRAM, THEY CALL IT JUNK
INSURANCE BUT REALISTICALLY IS
BECAUSE THEY WANT THE GOVERNMENT
TO CONTROL EVERYTHING.
I WANT PEOPLE TO CONTROL THIS.
I THINK WE NEED TO BE IN CHARGE
OF OUR HEALTH CARE.
MARIA: WHAT DO YOU SAY FOR
BERNIE SANDERS' PLAN FOR
MEDICARE FOR ALL?
>> BERNIE CAN HAVE IT.
THAT PLAN NEGATES ALL THE LARGE
GROUP MARKETS, IT TAKES AWAY THE
INSURANCE WHERE MOST AMERICANS
GET INSURANCE AND LIKE THEIR
INSURANCE, SO MAYBE YOU OUGHT TO
TAKE A LINE FROM PRESIDENT
OBAMA, YOU LIKE YOUR INSURANCE
AND WE CAN KEEP YOUR INSURANCE,
WE KNEW THAT WASN'T TRUE.
THEY WOULD BE SO DAMAGING TO
PEOPLE LOOK TO AND DEPEND ON
RIGHT NOW, THIS WOULD BE A
DAMAGING EFFECT AND ACTUALLY
WOULD BE POLITICALLY IT WOULD BE
DISASTROUS, I WILL WARN BERNIE