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tv   New Day Saturday  CNN  December 22, 2018 5:00am-6:00am PST

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federal government now officially partially shut down. >> there are human beings who are going to be asked to work without pay or going to be told to stay home. >> i am proud to shut down the government for border security, chuck. i will take the mantle. i will be the one to shut it down. i'm not going to blame you for it. >> if i were chuck schumer i would turn my phone off, sit by the pool somewhere and wait until january 3rd. >> let's work together, let's be bipartisan and let's get it done. >> we had a deal made, but he was listening to the ann coulters, the bill o'reillys of the world. >> this is a president that has walked away from deals that democrats and republicans together had agreed upon. good saturday to you. i'm victor blackwell. >> i'm in for christi paul this
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morning. >> hour 8, the third partial government shutdown of this year. it started at midnight when lawmakers tried and failed to get the votes to pass a spending bill with border funding for the wall. >> here's the big question, how long will this shutdown -- partial shutdown, last? thousands of federal workers may now have to wait. a lot of them still planning to report to work when all they want on that christmas list is a paycheck and on time. and now, the week after he told democratic leaders that he would be proud -- you just heard him -- to take the blame for a border wall shutdown, president trump says it is the democrats' fault. >> and the shutdown comes at the end of a really rough week for the white house. there was this dramatic court appearance from a former national security adviser, that was only this week. >> i know. >> it seems like it was weeks ago. then you had the regulsignations from the defense secretary and the president who likes to take
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credit for how wall street is performing now is seeing the worst week on wall street in a decade. we're covering all the angles this morning with abby phillip and suzanne malveaux. suzanne, you just spoke with senator lankford. lawmakers are arriving. we saw what happened and didn't happen in the last hours of negotiation. what's happening now? what happens next? >> reporter: sure, victor. one of the things that he said is that senate majority leader mitch mcconnell of course is going to make a statement around noon or so when the senate reconvenes, and the hope is that they would have some sort of agreement deal by that time that he could announce and then call lawmakers back in and say you've got 24 hours to come up here and actually vote on this piece of explanation. -- explanatilegislation. if that doesn't happen by noon, this shutdown could last a lot longer.
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t it is far from certain. what happened yesterday was that you had the vice president, mike pence, as well as jared kushner, and mick mulvaney here. they were meeting with democrats, the democratic leadership, as well as the republican leadership to try to figure out what are these numbers that are acceptable for both sides and for the president more importantly. the president asking for $5 billion for this border wall. the democrats very steadfast, very insistent that it's $1.3 billion and rejecting what was on the table before and what had been accepted by everyone, including the president, on wednesday, 1.$6 billion. the president then blew that up and they were looking for what figure would actually be acceptable. so i asked senator lankford, what are you working with, what are you dealing with here, and here's how he explained the pro
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yes rig skes. >> make sure everyone's agreed on that text, signed off on it and it will go public to all members to be able to go through it and take a look at and it will move to a vote 24 hours from there. we're at least 24 hours from a shutdown from where we are right now. >> reporter: when he talks about the texts, he said it's far closer to the $1 billion figure than the $5 billion figure that the president has been asking for. so that language is going to be critical in terms of how it's described. does it meet the expectations of the president to sign onto this, and is his word good that he is actually going to go through with that? there is a blame game that is going on. clearly, you have democrats putting out this statement, saying regrettably america has entered a trump shutdown. republicans choose to continue this trump shutdown and the new house democratic majority will swiftly pass legislation to re-open the government in january. so there is a back and forth who's responsible for this, and
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we will see whether or not this is the kind of language that is acceptable to the president. they may offer this up, and the deal is if they're going to vote on it, this is going to be the final vote on the budget there. so that is what we are waiting for now, victor. >> suzanne malveaux, thank you so much. president trump says that he cancelled his trip to florida so he could stay in washington to wait for democrats. cnn white house correspondent abby phillip joins us now. abby, we know that the vice president, the omb director, soon to be acting chief of staff mick mulvaney and jared kushner went up to the hill to try to chart the way forward. what role does the president have, if any, in the negotiations that will continue today? >> the president plays such a critical role because his signature is the one thing that's standing in the way of negotiators coming to an agreement, but the problem is president trump hasn't really been directly involved in the back and forth.
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he sent them to capitol hill on his behalf yesterday to work through these negotiations and it does appear that they've made some progress, enough to get over the first hurdle and to keep the doors of negotiation open between the democrats and republicans. but there is still so much lack of clarity this morning about whether or not president trump will sign off on an agreement made between democrats and republicans. the signals we were getting from people close to the negotiations involving vice president mike pence said that president trump might not be particularly happy with $1.6 billion. if that's the case, as suzanne just reported, negotiators are probably going to have to go back to the drawing board. i think everybody here is waiting to see when president trump will weigh in, will he send clear signals about his willingness to sign off on a bill. in the meantime, he has been here at the white house filming a video yesterday that the white house released that's all about reframing the conversation around the shutdown, reframing who is to blame for the shutdown
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and who takes credit for it. listen to what he had to say. >> call it a democrat shutdown. call it whatever you want, but we need their help to get this approved. so democrats, we have a wonderful list of things that we need to keep our country safe. let's get out, let's work together, let's be bipartisan, and let's get it done. the shutdown hopefully will not last long. >> reporter: that is a change of tune for president trump who just yesterday said if there was a shutdown, it would last for a long time. this is a president who decided earlier this week to dig in for his border security money and say that he was willing to shut down the government for it. now the question is what is he willing to compromise in order to re-open the government? in the meantime, the first lady, melania trump and her son barron trump are already in florida at mar-a-lago for their christmas break, and president trump i'm sure is eager to join them for what would have been a 16-day vacation down in florida.
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he is now stuck here at the white house waiting to see what compromise comes out of the hill. victor and leyla? >> the president does love that resort. abby phillip, thanks so much. let's break down exactly who will be affected by this. 75% of the government already has funding in place through this coming fall, but in several departments and agencies, 420,000 government employees are now working without pay. at homeland security, 55,000 tsa workers will remain at their posts. 55,000 custom and border agents and officers as well. at transportation, 24,000 air traffic controllers remain on the job and so will railroad inspectors as well. so at this state department, let's go there because remember, that's where passports will be issued. you can expect for that, but not at every passport office and government facility are workers furloughed and the offices are
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closed. the smithsonian museums in d.c. are open through january, first on a regular schedule but it's still unclear what happens beyond the 1st. justice department, let's go there, will remain mostly open and operate. the russia investigation will certainly continue, you can count on that. in addition, the agriculture department will continue food safety inspections, but other services will stop like research. folks at nasa, they are put on a leave of absence without pay, and at the interior department, the national parks, some services at parks are closed like rest rooms as well as visitors centers. this morning we've been talking about and to the people who are being directly affected by this partial shutdown. here's what the representatives of some of the major federal employees' groups and unions are telling us. >> if you got to feed your family and get through the holidays, i mean, people kind of assume that, one, this shutdown
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isn't going to go on for very long. the president is out there saying he wants this to be a long shutdown. that means an even -- for people who are living paycheck to paycheck, and let me tell you, we got a lot of people in our organization, some making as little as $26,000, $27,000 a year, they are -- you know, they cannot sustain a cutoff of their income for any period of time. so they have to plan as though they're not -- you know, it doesn't matter if they're going to get paid a month later. they have to plan as though it's not coming. and the other thing is, you know, in the past congress thankfully when there's been a furlough has paid workers who have been furloughed. there's no guarantee of that. for a worker being furloughed, you've got to plan as though your revenue is shut off and it's never coming. for a family who's making in the $20,000, $30,000, low 40 kind of
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range, this is just pulling the carpet out from under them and you can't really plan for that. i was talking to a lot of people in our organization. i talked to a lot of members and a lot of them had no idea when wheth whether they were going to be furloughed or weren't going to be furloughed. so the preparation was very, very poor this time around. everybody was caught with their pants down. >> these are real families. everyone notes that it's the holiday season. even if it weren't the holiday season where people we represent make very modest salaries, transportation security officers for example, people making sure travel is safe this holiday season for anybody who's flying to visit their families, they take home less than $500 a week. they cannot afford -- they have no cushion. they cannot afford to go without a paycheck, not for a day, not for a week, not for a long shutdown.
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this is a financial catastrophe for them. >> it may be important also to note that in the political criticisms of the president, his administration, both the national federation of federal employees and the american federation of government workers endorsed hillary clinton in 2016 for president. so take that into context when we have those discussions with those labor groups. some people are blaming the uncertainty over the shutdown for a terrible finish on wall street. friday capped the most brutal trading week in years. how long will that slide go on? plus, justice ruth bader ginsburg's cancer scare. more on her surgery and her presentati prognosis, still ahead. introducing add on advantage, a new way to save on travel. now when you book a flight
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temporarily blocked migrants from mexico from seeking asylum outside of official ports of entry. chief justice john roberts sided with the four liberal justices in the 5-4 ruling. the justice department plans to continue fighting the ban. matt whitaker is already getting criticism from the president. sources tell cnn the president has ripped into whitaker at least twice in the last few weeks. >> they say the president is frustrated over charges filed by federal prosecutors which make him look bad. the acting ag oversees those prosecutors but sources say trump has not directed whitaker to stop the investigators. cnn justice reporter laura jared has more. >> reporter: new details are emerging about the president's anger over how his attorney and long-time fixer, michael cohen, has drawn him into investigations by federal prosecutors, and the person now bearing the brunt, well, his hand-picked acting attorney
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general matt whitaker. according to multiple sources familiar with the discussions, on at least two discussions in the past few weeks, the president has vented at whitaker, in particular about how prosecutors implicated the president in a hush money scheme to buy the silence of women around the 2016 campaign, crimes that michael cohen pleaded guilty to in the southern district of new york. now, to be clear, none of the sources suggested that the president directed whitaker to actually stop any investigations, but the president believes the situation is unfair because he and his attorneys suggest that these were not illegal payments. but more importantly, these discussions between trump and whitaker really show how the president believes the attorney general should serve as his personal protector. while not confirming any of these conversations, the president's personal attorney, rudy giuliani, said in a statement, quote, the president and his lawyers are upset about the professional prosecutors in the southern district of new york going after a non-crime and innuendo that the president was involved.
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the justice department declined to comment for this story. laura jarrett, cnn, washington. >> part of the government is shut down this morning. we've been talking about that the entire morning really. lawmakers are hitting walls and can't seem to find any bridges when it comes to making a deal, so how long could this brag on? rag on? drag on? (music throughout)
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it was a brutal end to an already awful week on wall street. the dow dropped nearly 400 points on friday making it the worst trading week in a decade. some blamed the uncertainty over whether the government would shut down, but if you ask president trump, it was yet another interest rate hike. either way, it may not be a very merry christmas for those investors out there, so how long should we expect this to last? joining me now is cnn global economic analyst, also the associate editor for the financial times. what do you think, rona? how long is this going to last here? >> days, weeks, possibly months of volatility. if you step back, there were already a number of factors even before the shutdown, even before the president decided to pull troops out of syria and afghanistan and the secretary of defense resigned. all those things were rattling markets but even before that you
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had interest rate hikes and it's true, markets don't like that. we're at the end of a recovery cycle. we have to look back and say, look, recessions tend to happen every ten years. it's been ten years since the last one so we're actually due for a correction. but what's happening now is going to make things very, very rocky for the next few days in particular. >> president trump is typically very quick to attach his name, to attach sort of a win for him if the markets do well. let me show you tweets from the past that we've certainly seen. this one where he says business is looking better than ever with business enthusiasm at record levels, establishing at an all-time high, that doesn't just happen. it seems like a bit of a risky strategy here to attach your success, your barometer if you will to the market because the market, that's not necessarily the same as the economy all the time given how much it
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fluctuates. >> absolutely. wall street and main street are two very different places. what i find so ironic is the president is attacking the feds saying it's their fault that the market is falling. guess what, it was actually the fed that pushed the markets up for the last few years with all of their extreme measures following the financial crises. the fed is doing a great job. in fact, the fed is the only reason i think we haven't seen more declines right now in the sense that they have come out and said we're independent, we're data focused. we're going to be the safe pair of hands out here at a time when washington seems to be spiraling out of control, and the markets want to hear that. >> the fed also not shying away from the fact that we will likely see more interest rate hikes, so for the person at home who is looking at that 401(k) thinking about the future, how worried do you think they need to be? >> well, it's a really good question. for starters, we've known for
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some time that this year, 2019 coming up, 2020, are probably going to be slower growth years than what we've seen both on main street and in the market so i don't think that you're going to see the kind of gains in your stock portfolios that you would have. this is not the time to be moving money around. we're going to see a lot of volatility, particularly until we get news about the resolution of a shutdown but certainly even into 2019. there's a lot of stuff going on right now. tech stocks have gone into a bear market because of fears of regulation. we still have issues with u.s./china trade talks and possibly tensions there. there's just going to be a lot of ups and downs and people really need to buckle in and not make any sudden moves. >> i feel like that's the one consistent thing about the market, is that the experts will always advise don't make sudden moves, right? >> yeah, especially not when it's falling, really. honestly, don't watch -- as much as we do the short-term headlines, it's important to take a longer view here.
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if you don't need your money any time soon, don't sell now. >> thanks so much. the u.s. government is in a partial shutdown right now, thousands of employees getting hit in the wallet. we'll take a look at who's affected and how long this could last. y the masculine fragrance. yves saint laurent. ( ♪ ) dealing with psoriatic arthritis pain was so frustrating. my skin... it was embarrassing. my joints... they hurt. the pain and swelling. the tenderness. the psoriasis. tina: i had to find something that worked on all of this. i found cosentyx. now, watch me. real people with active psoriatic arthritis are getting real relief with cosentyx. it's a different kind of targeted biologic. cosentyx treats more than just the joint pain
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new year. the president said that this could go for a very long time. we'll see if that's true. joining me now to discuss, senior political correspondent for the hill, amy parence. when the vice president was on the hill with kushner and mulvaney yesterday, our sources tell us that he made it clear to minority leader chuck schumer that $1.3 billion will not be enough for border security, that the discussion is somewhere in the 2 to $3 billion range. is there a potential deal around 2 to $3 billion? do the democrats have any incentive to deal before they get control of the house? >> i don't think they do, and that's why they're perfectly willing to kind of sit on their hands and see what happens here. the clock is ticking. january 3rd is coming up very quickly. they know that they have leverage here. they know that they can kind of control the game, and so i think that they're going to kind of keep this going and put it on
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trump. you're seeing that happen in statements put out last night as the government went into shutdown mode. they're calling it the trump shutdown, and they can do that right now because they feel like the ball is in the republicans' court. >> rhetorically, the president obviously has shifted. some would say it's more of a 180 here from 11 days ago when he said i will be proud to shut down the government for border security, that i will be proud to take up that mantle, now saying the democrats own the shutdown. do we know who got into his ear, who convinced him that that's not such a good idea? >> i think he got into his ear. i think on some level he was thinking this was a major promise that i made to my supporters and, you know, he is the one he listens to as we've learned. but i think also republican pundits, ann coulter, i think a lot of people were saying he has no legacy if he gives this up, why are you doing this when
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republicans are still in control? i think that is sort of what is in his mind right now. he knows that he needs to act right now and that republicans need to kind of get on board and help him kind of push this through because, as i mentioned earlier, the clock is ticking. >> so, i listened to an interview with historian douglas brinkley last night and he offered an interesting suggestion and give me your take on this, that the president will potentially see this shutdown in the context of the 1990s, the '94 shutdown, in which it lasted for almost four weeks -- excuse me -- and historically newt gingrich and the republicans were blamed for it. president clinton went on to win re-election and it kind of bolstered his support. would that be a mistake for the president to see this in that context? >> i think the way he sees it is, there was a recent poll put out that 65% of republicans are
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in support of the shutdown as long as it means that the wall is sort of the sticking bone at stake. i think this is where he's coming from. he feels like republicans will still continue to support him. another reason why he felt the need to, you know, kind of stand his ground was because of this vocal core of -- this group of republicans in the house who felt like he was giving up too much. i think he feels like this is something that he needs to kind of stand his ground on and that republicans will back him up later on in future elections and will remember what he did. >> so in this conversation about how long this will last, does this last as long as jim jordan, ann coulter, rush limbaugh decide, or is this something that the president is leaning on? we know that the vice president went to the hill and said that he's going to sign this continuing resolution to get everyone to february and then we'll talk about the wall then,
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and then we heard the response from the conservatives and he changed his mind. >> i have a feeling that there's going to be something very close to that continuing resolution coming up very quickly because they know that this doesn't look good. even the republicans sort of want this to continue, they know that they would have a little more leverage if they acted right now rather than january 3rd. >> all right, thanks so much. >> thanks, victor. new details emerging about the health of justice ruth bader ginsburg. cnn learning that she's now recovering from cancer-related surgery. more on that next. we're transforming this home to show the new keurig k-café brewer is so easy, it makes any house a coffeehouse. rinsky's coffeehouse is open! it couldn't be simpler. just pop that in for a coffee. or brew a shot and froth fresh milk for a latte or cappuccino. it's so easy. delicious! really good. well how much do you spend on coffee drinks? $20 a week. whew, that's a latte money! this will save me so much money. two corden-cinos.
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justice ruth bader ginsburg has had two cancerous nod rules removed from her left lung yesterday morning. she's apparently been very proactive about screening. joining us now is erin carmen. she wrote "notorious rbg." she's also a cnn contributor. so good to have you here this morning. i've been somewhat surprised how this all came about, that, yes, she's vigilant with screenings but really this came because of the incident with her ribs, correct? >> correct. good morning, leyla. great to be with you. justice ginsburg actually, as you mentioned, she's had two brushes with cancer in the past. in 1999 she had a fairly serious bout of colorectal cancer.
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in 1999 she was in the same kind of situation. she was being screened and they found pancreatic cancer extremely early which is usually a pretty fatal diagnosis. because they found it so early they were able to obviously extend her life and her contributions to the court to this day. but yes, because she broke her ribs in a fall in her chambers, they actually were able to, in x-rays and in screenings, locate these nod ruules on her lungs a remove them. as far as they can tell currently, they have not found cancer elsewhere in her body. >> that is certainly good news. one of the incredible things about this, the timing of this, is not only that she's been able to begin her recovery but also this was a pretty big day for the supreme court, for the ruling when it comes to asylum. she made -- she gave her thoughts from the hospital bed,
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is that correct? if so, how does that happen? how does she vote on a major case from the hospital bed? >> my understanding is that her vote actually came around the time that she was traveling to the hospital. i'm not sure that it was from the hospital bed. i will say this, even when justice ginsburg was being treated for cancer in the past, she remained incredibly committed to the work of the court. in fact, she used to schedule her chemotherapy sessions on fridays so that she would have the weekend to recover, and during that time she did not miss a single day on the bench. she didn't even miss a day on the bench the day after the passing of her beloved husband, marty ginsburg. so i think that this week her vote in the asylum case and the fact that she, in fact, did three public events in the last week including one on sunday where i saw her, i think it shows that while she is taking care of herself and seeking early intervention, she also
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isn't withdrawing from public life and she isn't withdrawing from the work of the court to which she is incredibly committed. >> we've seen how dedicated she is to her health, even in the documentary we had here at cnn. she trains every day and she's a pretty strong woman. but with this recovery, what should we expect from her in terms of how long it will take and when she'll be back on the bench? >> my understanding from what the medical professionals have said about this is that it will probably take a couple of weeks for her to recover. she is due to be in the hospital for a couple of days now, and then i think they're going to wait and see what the forthcoming tests show. they haven't yet said whether this is primary lung cancer or something that has spread from the previous cancers that she's had to her lungs. so i think we don't yet know how long her recovery will be but i think based on the fact of her
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last hospitalization in the last couple of weeks, you know, i interviewed her personal trainer and he basically said he has to hold her back when she gets out of the hospital from working out more. she works out with him a couple times a week and maintains her fighting shape. >> if her history is an indication of how quick she will get back on that bench, i agree, it will be sooner than we think. thank you so much. >> thank you, leyla. up next, if you still haven't bought presents for your family for christmas, it's the 22nd, what are you waiting for? >> hey. >> or, here's the alternative. skip 'em. our next guest says to go gift-free for the holidays. michelle singletary is back with us. she's got her tips. i don't know if it's going to work for me but we'll talk about it.
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after a major storm on friday brought grueling travel conditions, another storm this weekend could bring more travel headaches. >> cnn meteorologist allison chinchar joins us now. who's getting the worst of it today? >> for today the focus is really going to be in the northeast, that big system that was there yesterday, still having some lingering impacts. numerous delays and cancellations across airports in big hubs, cities like boston, new york, philadelphia. you can see there's still some lingering moisture. it's still snowing around pittsburgh right now. you still have rain for states like connecticut, massachusetts, even portions of new hampshire and maine. so what does this mean for travelers? well, the concern is going to be you're still going to have some delays. the big delays for today, we have that system in the pacific northwest, cities like seattle and portland looking at some potential, even some long delays at times because it's not just the rain but also the wind. but the real focus today is the
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northeast, again, all your big hubs, new york, boston, philadelphia, d.c. tomorrow we start to see more and more airports start to be impacted because the next system which will start in the southeast, tennessee, georgia, alabama, that begins to slide into the mid-atlantic and eventually into the northeast. now you have cities like cincinnati, atlanta, charlotte, all of those starting to become impacted as well. the key thing to note is all that extra rain from this next system may actually be the final straw to push the cities over the threshold. what are we talking about? to the rainiest year on record, all these red dots you see here have already hit that record. all the green dots, over 70 of them, are likely to hit their wettest year on record by the time we finish out this year. that next system that's approaching for tomorrow is likely going to be the one to push people over that threshold. here's the thing, look at some of these cities already. wilmington has had over 100 inches of rain.
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baltimore, d.c., both of their airports have also had their wettest year on record. so here's the thing, victor and leyla, even though most of these cities likely are going to get maybe an inch of rain at best from this next system, it's going to be just enough to trigger them having their wettest year on record. >> allison chinchar, thanks so much. we like receiving gifts, especially during the holiday season, right? giving gifts, trying to figure out how to pay for it can be a problem, especially if your finances are a little funny. our next guest says we should consider going gift-free for christmas. >> a gift-free zone, okay, all right. she says start 2019 with a commitment to get off the gift-giving train, at least until you've taken care of some important things like, you know, saving for your retirement or building an emergency fund, all very, very important things. personal finance columnist michelle singletary joining us now to help us start planning for next christmas. listen, michelle, i'm just going
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to put it out there, i'm not on board yet. i'm still on that train, but i'm going to hear you out. are you with me? >> i'm going to listen, yeah. >> we're going to hear you out. so make your best pitch here. >> okay, so i'll ask you a couple questions. are you ready to tell people your business? >> okay. >> i'm going to make you get on this train. here's how you know whether you need to be on this train. if you're not on track for your retirement savings, if you don't have at least three to six months living expenses saved up, if you've got children, if you don't have a college fund on track to pay so they don't have any debt, you need to be on that train and i'm going to stamp your ticket. >> that's a whole lot of people that you say need to be on the train. let me ask you this, you have some rules here and i know from reading "the color of money" over the years that you know how to hold onto a dime and a dollar, right? >> that's right. >> you're quite frugal. >> that's right. lincoln screams. >> yeah. >> so here's the question. what are the rules here?
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i understand that you can't just spring this on people now. >> well, you can if you're a government worker and you're about to be shut down out of your job. >> that's fair. >> you have a great excuse to say, you know, the president shut the government down so i can't buy you anything. here's the thing. start now. if you know that you don't have an emergency fund, even just one month's worth of living expenses or $1500. now you're going to tell people after christmas, not while you're opening gifts, hey, i need to get my finances together so next year i'm going to go to a next-gift christmas if that's okay with you. if it's not it don't matter because you're going to do it anyway. just say i need to get my finances together. then you don't have to have everybody on board because people are like -- if everybody doesn't do it i can't do it. you can say i don't do it and you don't have to give me any gifts but if someone wants to give you a gift, don't spend their money. if grandma is financially okay, don't take the joy of giving away from her.
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>> hm-mm. you call this -- i read this in your article. you called this the no gift resistance, the resistance. >> that's right. >> here's the thing, i was looking over the national retail federation and people will still be shopping today, tomorrow. 4% of people will actually shop after christmas for gifts. what do you think about the last-minute shoppers who are trying to still be responsible with their debtor their savings, et cetera? >> here's the thing and i'm really serious about this. if you have a credit card that has a balance on it that you have not paid off or you don't pay off every month, you should not be at the mall. you should be sitting home watching cnn about all this crazy stuff going on in washington. you can't do that. you can't do it all. i want people to start 2019 off on a better foot. what does any of us really need for christmas?
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and i know that retailers are like shut that woman up. here's the thing, none of those folks are going to be paying your bills in january when they come due. all those folks that you're buying for, when it comes time and you're shut down from your job and you haven't gotten a paycheck from the government, you call them up, i don't got no money for you, that means you got to take care of your personal finance. if you have credit card debt, if you have no money saved for your kids' college funds, if you have not been really saving like you should for retirement, you should not be buying anything. listen, here's the thing, if you got little teeny people, like children from babies to like five or six, you know they got a toy bin, right? the top toys are the ones that they play with. take that top off, dig underneath, get the toys they don't play with, wrap them up, put them under the tree, they don't know. >> regift the toys we gave them before, michelle? >> yeah, theray don't know. they don't know. >> i think you have people sitting on the edge of their
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chair until that. then everybody steps back. >> i did it for my children and all three of them are going to graduate from college debt-free. >> michelle singletary, "the color of money", always good to have you. >> merry christmas, thank you. >> merry christmas, don't go shopping. >> oh, we will. nobody knows anything better than trump, according to trump. >> yes. >> campaign finance, even joys, here's jeanne moos. >> reporter: remember how muhammad ali used to call himself the greatest of all time? now it's president trump calling himself the greatest at all times. >> nobody knows more about campaign finance than i do. nobody knows more about trade than me. nobody knows more about construction than i do. >> reporter: what field doesn't he excel in? >> i know more about isis than the generals do, believe me. nobody knows more about environmental impact statements than me. there's nobody that understands
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the horror of nuclear better than me. >> reporter: it's enough to make your head explode. >> nobody knows the politicians better than i do, believe me. >> reporter: even political opponents like cory booker. i know more about cory than he knows about himself. president trump sure knows how to spew superlatives. >> i have the best words. i have the best temperament. >> reporter: from a guy who doesn't like to read, this. >> nobody loves the bible more than i do. >> reporter: for years journalists have been colon chronicling his self-admiratios. occasionally he's demonstrated a flash of humility, modesty. >> i understand the tax laws better than almost anyone.
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>> reporter: almost anyone? you mean someone understands tax laws better than he does? ♪ anything you can do -- >> reporter: he can do better. >> i have better everything than they have, including this. >> reporter: jeanne moos, cnn. >> no, you can't! ♪ yes, i can, yes i can >> reporter: new york. ♪ i'm michael smerconish in fi philadelphia. we welcome our viewers in the united states and around the world. after outcry from conservative media, the border wall standoff shuts down the government, but we're still here. here's what i want to know, which threat is the most perilous to the president as he heads into christmas break? the markets, the military, mueller, or the media? my answer might surprise you. and, when the president announced withdrawal from syria,

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