tv Lou Dobbs Tonight FOX Business October 16, 2013 10:00pm-11:01pm EDT
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>> good evening. if you are just joining us, this is the debt ceiling in government shutdown solution that was hammered out by harry reid and mitch mcconnell. a house vote right now, we have done all the procedures here, all this needs is a majority and looking at the vote totals right now. 200 democrats in the house, we have been hearing from democrats that they plan on standing behind this perhaps all 200 of them voting for this. looking at the republican vote total, voting for this is well over the total needed to get this out of the house of representatives, telling us earlier in the day and later on in evening that even though some
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of the things that have been going on, they have still expected enough support get this through the house of representatives. you 110 total, the time remaining clock, they are supposed to wrap up in the allocated time but that is not really enforced. leaving this open, especially since this is the first vote of the evening. taking lawmakers time to get across the street to the house. 5.5 minutes remaining here, this will probably go on a little bit longer. 200 democrats in the house, hearing from a number of democrats, we assume that they will get the number of votes needed for the caucus. more than enough republicans to get this bill through the house of representatives. if this does pass, it raises the debt ceiling until february 7
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and in the treasury department can use extraordinary measures and extend that date even further into the future. as for keeping the federal government open until january 15, before then, there will be a budget negotiation is part of the process. democrats and republicans are going to have to figure out a budget solution. plenty of skeptics who think that this is not really a reality, especially since democrats and republicans will be going over the same ground and stood up to 11 when republicans took over control of the house. democrats controlling the democrat in the senate. republicans demanding entitlement cuts. shortly we here to talk to budget negotiators, congressman paul ryan, chairman patty murray, meeting as early as tomorrow to try to figure out a
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way forward on this. for minutes ago. right now the total is 145, they need half the folks voting and it's a very encouraging sign that only one democrat has voted against it. we expect nearly all of them to vote for this. on the republican side, nearly 40, now 41 supporting us, we will be back later with some votes and a little bit more insight. stick with us and we will be with this until the end. the majority wins this one and then it's on to the president's desk. [inaudible conversations] [inaudible conversations]
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rich: of fox business special report which said government raising the debt ceiling there are more than enough votes to get through the house of representatives it appears this bill will easily pass to find its way to the president's desk. lawmakers can't go down to the floor to change the boat but there is robust support
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one democrats that voted against the bill it dow seems like every democrat has voted for it. considering where they were for much of the us you can see the time remaining there will have plenty of time to vote that clock does not mean no whole lot. they can go down and almost any point. it moves up the timetable we expected a vote a little later on the dow were but they reached a deal early this morning moving this through a legislative speed we have not seen for a long time. no senator could have objected to the procedural movement really just in a few hours it got through the united states senate that normally it would take.
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be here of the house floor they also did a procedural move to make sure they could get this out. there is no votes in the house tomorrow for this will do well for them after two weeks of government shut down to deal with what the house speaker would have liked to have passed yesterday but did not get enough support. this compromise so far has garnered 72 votes more than enough to surpass the total to get it on the president's desk. at this point it appears just a matter of time as they get down constitution avenue to the house or actually independence avenue to cast their votes. this funds the government through j ray 15th and creates a conference committee to work up the differences on the budget
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they have had for quite some time but even 218 or two of its 16 votes but the full total they got more than that now we're just waiting for the lawmakers to come in ino the process that will come again some time after february 7 after treasury months after it exhausts its measures to keep sid deal openly start another one on jittery 15. and with that gavel it is for order asking people to be quiet. let's listen.
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rich: we're just waiting for for more law makers. nearly 90 republicans according according to the proposal it will pass the house of representatives the government will be fully funded through j.p. married 50 if we can solve the problem at the last minute it again. but the house floor does remain open through the last four law makers say they will not vote or until they actually do vote. but without a major change the law makers can still change the vote this will pass it be on its way to the president's desk. we will stick with this
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right here. this should be it. >> on this vote yay and 185 the nay when hundred 84. >> that will do what. that congress can move when it wants to in 12 hours the top democrats and republicans reach a budget deal the senate does away with one week of procedure passing a proposal that house does away with procedures to get it through 285-3144 of every democrat votes for the proposal and 90 republicans voted as well
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this will go to the president's desk he says he will sign it that raises the debt ceiling through february 27. that does it for our special coverage. have a good evening. lou: we thank you for being here and we appreciate you sharing your views. as you have said, it is a learning moment, a teachable moment. i think just about for everyone involved and we thank you so much. >> thank you. lou: up next, the white house says that there are no winners in the shutdown, at least the president spokesman dies. the debt ceiling deal -- we know the losers. in the "chalk talk" tonight we are going to show you which group the president and congressional democrats really fall into.
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the on looking le again at the senate floor. before voting on that harry reid and mitch mcconnell bill that would end the partial government shutdown in and at the same time raise the debt ceiling. we will be going there live for the vote result here tonight. it looks that it's going to be just a matter of moments. the president, gloating yesterday after house republicans and speaker john boehner abandoned the debt ceiling bill. talk about a fellow that thinks that he is all that. here he is. >> there have been repeated situations where we have agreements and then he goes back and it turns out that he can't control this. one thing it shows is that if i say i'm prepared to come from eyes on something, we can get it done. lou: before the president explodes with self admiration, we would like to gently remind
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him that he hasn't delivered much to celebrate. it looks like he may get that continuing resolution bill to keep government running until january 15. but doesn't just mean that we will be watching this movie all over again in three months time? after all of this nonsense and all of this nonsense -- the president, the republicans, they have done absolutely nothing to deal with a $17 trillion in debt. they have done nothing to fix or delay the obamacare trainer. and the $1.8 billion that looks like it could be a part of the most efficient piece of legislation passed, certainly in all of this countries history. eligibility for subsidies is no longer on the honor system. score one for the american
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people. they are good for this white house either. the president's average approval is at 43%. more than half of all americans, 51% disapprove of the job performance and this is not a president who seems okay with coratulating himself. a new pew research survey shows 81% -- 81% are dissatisfied with the way things are going in this country. compared to just 14% who are satisfied. the president boasting that he always gets things done. well, i don't know where he's getting now. it hasn't been true for gun control or this year. it hasn't been true for immigration. it hasn't been true for his plan to strike syria. the president was a lame duck before we entered the shutdown
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and there are every indication that he emerges from it and evenly murdoch. on that basis, some say the republicans are winning, but that is pure nonsense. republicans and democrats are about as screwed up as this country can possibly stand. we will be right back. >> not a good day for ted cruz. what is the deal with the gop and all of those splinters? up next, citizens united it's a growing trend in business: do more with less with ss energy.hp is help. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees.
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the winner will serve the remaining 15 months of the term held by frank lautenberg. my next guest says the senate deal is a big loss for americans on the conservative movement. joining us is president of citizens united. this has been an ugly spectacle by any stretch of the imagination or standard. it is worse for the republicans? >> thank you for having me back. it is a tough situation. you have americans out there who really are not focused on what the essence of the problem is. they are focused on the government being closed, the debt ceiling is going to be breached. and those are important things. but they are not looking at the root cause and that is what the republicans were trying to do. in my book, the mainstream media, which i believe is media bias, i think that that is where
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they held the president sell his message. john boehner, time and time again, going to hear he read with all of this is being told now. i think it's a bad deal. this is a kick the can down the road kind of deal. we are not dealing with their financial problems. lou: but here is the deal. the democrats have come with a proposition to shut the government down 16 days ago. if it had been the democrats who came with a proposition that threatened or at least put the party in the position of being accused of in the countries credit rating and default, i mean, you in the and the conservative movement would've been howling. i don't understand how there is that a disconnect between the conservative movement and what is transpiring on capitol hill because it seems that is not
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only a losing strategy but a reckless strategy and one that isn't consonant with either the conservative movement and its principles and the republican party. >> tactics are -- i'm not arguing the tactics. what i'm saying is that whether it's dealing with the cost and the destruction of our health care system with obamacare, whether dealing with the debt or spending or the debt ceiling, none of those issues are being dealt with and this is a truly bipartisan effort to do nothing. that is really what we have done here today. literally doing nothing in the big scheme of things or picture of things from the business a business standpoint and we will have these exact same fights in january integrate it we are having today. lou: it's unhealthy if the conservatives -- i couldn't agree with you more, if they don't learn something as the
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congresswoman was saying. they don't learn something from this, the spectacle, they didn't learn anything from 2011 and they must learn something, being the republicans and the republican leadership of the conservatives from what has transpired here today. the senate has begun voting. let me ask you this. senator ted cruz, he now has a small group of folks around him and he represents a lot of important principles for millions of americans. but he has stepped in it politically and personally here with his -- with these tactics in the senate? >> we can debate the tactics. without senator ted cruz, we would not be here today discussing these important issues of the last couple of weeks. their focus would not be on obamacare, the debt ceiling, the
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focus would be on spending. and i applaud what he has done. he has come here as a change agent and elected as a change agent and that is what he is doing, living of the obligations to his election promises and i applaud him for it. we did a poll just a few weeks ago in texas and his approval ratings are through the roof in texas. that is what he cares about. he does care, obviously, about the republican party and the conservative movement, but he was here is a change agent not to manage the decay and that is what the rest of these people are about, managing to decay. lou: can you manage decay or any other important issue when you're in you are in control of only one third of this government? and only one third of the government that seems to want to advocate a constitutional responsibilities more often than not?
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>> one body of congress is one third of the government. and you can't do anything without them. they could technically do things differently. hindsight is always 2020. what i believe is we need to take the last four months to cuba we are going to do individually either through the appropriations process were not. lou: we will have to call it good there because of time. but the republican party, it's not going to be a very happy january and february for the party. i am sure the guiding and leading lights like you, the prospects are very good for having learned something from what is a part of this. what the president called a teachable moment. thank you so much. thank you so much greatly appreciated. >> thank you. lou: go to our social websites like loudobbs.com and find the
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link to our facebook page. one of the fun things. e-mail me at loudobbs.com and tell me what you think. is it too much to expect republicans to learn to do better and to understand the limits of power and the necessity of intelligent strategy? follow me on twitter at "lou dobbs tonight"'s and check out fox news.com for how a look at the congressional divides over funding is affecting our economic image overseas. plus, the markets moving in concert with dysfunction in washington dc over the past two weeks we will be talking with former clinton adviser and vice chair of the federal reserve, coming up
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taking you live to the senate floor. results expected in the next few minutes. insider trading charges, jurors coming to a decision after deliberating just over three hours. the acquittal, dealing a significant blow to the sec, alleging that he sold 600,000 shares back in 2004 to avoid a 750,000-dollar loss. and stocks rallying the senate bill, the economy has suffered because of the partial shutdown, here to take up that issue and many more, giving us a look on the economy as well, vice chair and economist alan finder of princeton and author of the book after the music stops. it's great to have you here. >> this is a deal that offers nothing that we didn't have 16
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days ago. >> yes, a deal to avoid chaos and nothing was really accomplished on the underlying issues, but i think that people %-question is just couldn't they somehow get together. lou: what we have watched here is a migration from the republican party talking about the repeal of obamacare. which has to be fixed but moving from those of doing at least individual mandate even if it is a peculiar kind of sense of equity, the individual mandate. and the idea that we can strip away the subsidies for congress, the senate, and this is a sorry
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moment. >> is where you pay cut for the congressional staff comes in. the one they have done so much for the country. [laughter] >> it's not a big deal culturally and philosophically. going to the heart of the country. supposed to be a nation of individual people, and the people that are above the government, we said our money to washington. washington representatives put this above us at almost every turn. at what point does this revolt in revulsion? >> on this particular issue we think about that we have our care. the tens of millions of other americans, as does the senate, the house, they share the same
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and are being treated the same way that i am. >> millions of americans? >> that's right. >> some of them don't have cared. we have to be straightforward here. the fact is we are creating a separate class. those who are supposed to be serving the public are lording an overdose of superior benefits and they make three times or better median income in this country and this is upside down stuff. >> people argue that in as i said, nobody really likes to pay the house, the senate, or the congressmen or their staff, but i think it's a tough argument to save these people are overpaid. some of them are very hard-working. if they were in the private sector, they would be getting paid a lot more. >> often they do, as you know.
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and they do go to the private sector. >> the economist are setting this and really wishing this from the chaos and the disgusting cycle that is this revolving door on washington. i would love to see that. >> it's not my field, there are people that have looked at government pay scales and federal government employees have pleaded pretty decently, not super high, but pretty decently compared to other people with similar traits. lou: the question becomes where does this economy go from here? the american people aren't getting the pleasant look at our government and the people that make it up. your defense notwithstanding.
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the lowest of his two terms, this is not good. >> no, this is not good, the economy has suffered a small blow, two weeks worth of government shutdown. that is going to show up in a lower fourth-quarter gdp. most will be made up in the fourth quarter. but mainly we have dodged the bullet. we had crashed into the debt ceiling, unassuming matt. .> we are assured that. >> we are assured that. >> assuming that that happens and we don't crash headlong into the debt ceiling, it will be a small blow and i would've been a huge blow. we just forget about all of the financial stuff which was incalculable, that in a day. lou: but when people can't feed their kids or pay their way through school, saying that we don't have much money, but it's
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more than we would have had if they had gone away with this. what is your outlook here? at what point do we find strong and positive leadership in washington and is this president capable of changing what has been one of the most dour and negatives commanders in chief to ever be in the white house? >> it is an even greater standard. >> he is facing a very obstinate house of representatives controlled by the other party. >> on this one he got right out front. he said i'm not bargaining on us. and he just held that position. lou: but i'm talking about the nation. this is a man who cannot smile and he cannot sing we laugh at him and joke.
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he is a negative force. >> a lot of people do. >> but my point here is that we need a bright inspirational leader and by the way we thought it was going to be him with hope and change and he has been the inverse. >> yes. >> early in the obama administration, there was a lot of change. that is where this health care bill came from. >> that is a brilliant achievement. >> a lot of people think it's a good piece of legislation. >> we keep taking these votes. sort of rendering the whole thing is a moot point. >> and that empowers us to put up foolish expenses and pressure public policy like obamacare.
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>> i think the first part sounded about right. lou: thank you for coming. up next, a new report reveals is shockingly large number of obama online applicants. a number so low. some think it's a terrific idea. but the word success, erased from democratic talking points? the a-team take that out. we will have that
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monica crowley, all three of our guests are talkshow guests are talkshow contributors great letter with you, monica. >> now we are in a status quo situation. in the end, they ended up caving because the realism finely pointed to that. >> let's talk straight. our strategies don't make sense, we are screwed up, and dashed. >> what strategy? no one from the republican party is doing anything. >> at what point are republicans were to say that it's time to grow up? we are not smart enough to play with mr. obama, then the bring in adults who have intelligence and capacity. >> you have to have people in
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conservative movement during long-term strategic thinking and short-term strategic thinking. >> there is no political way. >> is there any way the republicans can find their way out of the wilderness? >> i have been saving entrancing that and we do have this stay of execution. but look at what that leads us to. >> i want to say. something that mitch mcconnell had to say. so what would've happened if we hadn't been there? >> a lot of issues where
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republicans have a solid majority backing in the country and somehow they have managed to squander. it. so here you have obamacare, which is most people thought was not worth shutting down the government over and so it it should've been unrelated because they stumbled in. to a strategy and the truth. that is that it's unfair and that individual mandate has to be goldbach corporately. >> the democrats or the corporate, and they rush this and chose to embrace defeat. >> we take a look and it incredibly unpopular. >> you actually have real stories ofactually have real stories of people being hurt. >> they never argue.
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>> i am an independent. you know, i don't give a doggone thing about this if they haven't got that. >> the peterson foundation does that this report today. 900,000 jobs because a strategy that is arbitrary and this is what they have been talking about. >> president obama has presided for five years with more than 20 million people unemployed in no one in the democratic party has the guts to say that this is about as antithetical to our values as anything.
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>> in defense of the tea party, which i know they have made some mistakes here. >> i'm not talking about the tea party. >> without them the republicans do not have the house. lou: thank you (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrft. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. [ engine revs, tires squeal ] [ male announcer ] since we began, mercedes-benz has pioneered many breakthroughs. ♪ breakthroughs in design... breakthroughs in safety... in engineering... and technology.
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[ male announcer ] there's a better way with creditcards.com. compare hundreds of cards from all the major banks to find the one that's right for you. it's simple. search, compare, and apply at creditcards.com. first round's on me. charles: a live look at senate floor, they are voting now to end the shut down. welcome i am charles payne in for neil cavuto, after the senate is done we're expecting to hear from the president. fox business will cover every step of this. but right now to rich edson. >> reporter: voting is finally started. the bill passed a hurdle,60 vot. this moves on to the house, thanks to every republican and democratic senator agreeing not to stop this procedure alley they fast-tracked it. we hav
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