tv Cavuto FOX Business June 10, 2014 11:00pm-12:01am EDT
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now you and your ameripise advisor can get the real answers you need. well, knowing gives you confidence. start building your confident retirement today. neil: a unanimous consent to help the of veterans now don't even wait for the senate or the president to sign its. right now we do it to provide vouchers to get the bets they care the one ashley care they need. welcome, everybody. i am neil cavuto. over the top of actions to veterans that must stop now. 421 / o vote the first up to make sure stops now. the key of the fix is this to fix the cares of the veterans get it now. to former verizon wireless
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standard republican strategist. bob, i love what they come up with. i endorse it to mightily i'd want to wait through the political system to get this going. why not do with now? into the vouchers now. >> absolutely provide have been calling for this for three months. a veteran showsup at a civilian clinic with his officials prefer service. any medical record he has said goes to the doctor industry did and the doctor sends the bill the v.a. within 30 days proviso if the doctor is not paid within 30 days the v.a. owes it 50 percent per month until he is paid but the problem is the long term fix but while congress tries to figure out the long-term problem veterans continue to die unnecessarily and that
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is absolutely wrong. neil: you are right to and more comes to light at went wrong figures 60,000 soldiers that had to wait already know how egregious this is. stop it now and address the care we can address the other bureaucratic issues later. >> the voucher system is exactly the right answer but i would take it even a little further. i think overall it needs to be scrapped. why is a the voucher system the long-term answer? allowed the veterans who have given so much to get the care they need from the physician they needed from for the facility that is the right to answer. neil: if you think about that, we can talk about fixing a broken system or to use state the obvious to
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give the veterans a voucher to get care anywhere they wanted the time they need it >> what we look at is the third world health care system for the greatest army or military it is an embarrassment to the united states. you can see by unanimous bipartisan vote by the bill there is a recognition of the failure. what this exposes is just how bad and systematically corrupt the system is i believe scrapping it is a consideration and we should take into consideration. over the last teniers the v.a. budget has doubl at $160 billion, tripling since 2001. there is no excuse for of backlog of this many veterans to the point we see them die.
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the legislation passed in the house forces the v.a. to do something they have had the ability over tenures, to allow the private sector to allow services to be reimbursed but the bureaucrats fought the money to get outside the system to leave the bureaucracy. >> but then with world war two but that aside the accountability to make some of concessions but inherited the legislation but with the a get out of jail card but but which means we could be addressing the sins now. >> buty problem is this is
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over 1,000 treatment centers if you try to pull the plug in the short term those that would be hurt are not the middle management but hughes to go to use of the a to have the attending physician by the way most of them are good if you can get to them but it's if you create this. >> you could be doing re harm than good. >> to be a transition period but what we have here is a bureaucracy running amok. other organizations that are as poorly managed as this one? run by people who are
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politica appointees and what happens is was moved administration infrastructure they don't pay attention to the leadership. >> i don't think we should waste one nanosecond. what is the difference between hillary clinton technology and she is will the dow and a mitt romney announcing he was pretty wealthy then? the media had a problem with mitt romney but no problem with hillary clinton. where is the outrage from the left? the left? who is right? can you start tomorrow?
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i got more advice than i knew what do with. what i needed was information i could trust on how to take care of me and my baby. luckily, unitedhealthcare has a simple program that helps moms stay on track with their doctors and after the baby is born. simple is good right now. (anncr vo) innovations s that work for you. that's health in numbers. unitedhealthcare. >> hi a cave in and out of the white house said broca and in debt we had no money when we got there we had to struggle to keep the resources for mortgages alehouses and chelsea's education. it was not easy. neil: now was then but a very different story now. they are multimillionaire's. she gets up boards of to
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under $50,000 per speech right now her husband about that and just over the past year her husband paid $70 million since he left office better than 10million and hillary will make millions more in speeches. nothing against either of them to make serious money few kids say if they are leveraging the public office but i do not breed -- a deep grudge that but i do begrudge the selective standard bashing people like mitt romney who before he entered politicsade a lot of money in the private sector. so back then he was evil and the callas that space clinton and not so much? to our all-star is, that that is what i am looking at is the double standard. >> we would not talk about
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this but there is nothing to talk about it in her boring book. there is no dues but there were other elements. neil: i have not had the pleasure yet to read the book. i just parted but what i will say is i find it interesting how the mea plays off of this sale of the preparation for a likely run in what they had calculated not to be the issue. to die yet sawyer's credit but y reid came from and had to leave office >> i think her detractors were trying to a hard to find something with interview. iust thought you explain you don't leave the of whitehouse with a lot of money in the hard work had to continue. but mitt romney the of binders full of women and
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the old guy stuff? neil: but that had nothing to do with his wealth. >> but what about the jobs? the same thing is going on and with pat quinn. day ala five who has createdons of jobs because that is where the votes will go. go back to the guy who'd picked himself up by the bootstraps. she tries to pull this out to say way it did not have the ton of money we started to charge a couple of thousand dollars per speech now we're just like to be pick ourselves up so we would get your vote. neil: to lawrence point they were herded with they left office from legal fees in chelsea f to stanford to. >> and with bill's a discretions. neil: you went there but they did have a lot of bills
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so they had big book deals her last book she died 8 million and he got 50 million so they would claw their way back. no surprise. leave it there? >> yes. don't make a big deal of them honestly. it is not a big deal but the way she phrased everything could be her firss campaign gaffe but she has been fast tracked. neil: maybe i am not being clear. i ha no problem with her making money or her speeches we're going to goldman sacks but what i do say is if you are going to vilified mitt romney for his money, all lots of that originally even before the of controversies
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controversies, it was always say focucus on that. >> we're not focusing enough on the earning power of the clintons. neil: but if you don't raise the question with romney? >> he was just today's news. >> but is and hillary clinton and her moneyis that it less of a genuine media issue? you said it is not. >> it is an issue now going forward but with her interview from that hourlong piece last night, to say that is the onepaying? i dash did a great job to walk fatback. >> i don't think it's a buddy will make a big deal of their money that the clinton initiative or the foundation many but if a reblican had a fraction of that alliance and
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connections, a game over. >> the only way the clintons will get the votes if they act like the average american. she will say i am the everyday woman. we had mortgages coming kids' education and all the things to pay for just like you. and romney running for governor they vilify him. the -- he is not like you settle for him. >> he science at -- autographs for my kids and he is pretty approachable. [laughter] neil: he has the vacation homes. [laughter] il: that is all i say. wed we come back remember what a certain candidate said about individuals being forced to pay for health care? that it would be traumatic?
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neil:. >> right now with the state of massachusetts people are find for not only purchase health care but because they still cannot afford it with the subsidy then they are worse off and have no health care and paid the fine above a and beyond that. neil: wait a minute that is what is happening right now. but the fact is the cbo
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estimates for a million americans do do not sign up will pay the penalty including though 1,000,004 americans. don't say she did not war do the only person in the country who has memorized the law word for word. [laughter] >> but it is bigger than most people have heard only $95 of that is the 500 per year but the penalty this year is 1% of the adjusted gross% income plus another 1% for your spouse than half a percent for your kids this year it ted go 3% with the family of four or 6.5 in the years. neil: tens of thousands of dollars. so the idea with the health law at the individual mandate requires the view did not get coverage that is
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fine but the argument most would not be caught. >> that is a real underestimates most of the people who were caught cannot afford it. >> to reserves are eligible for subsidies if it is the family of four they earn less than 92,000 per year so having to pay of $3,000 for nothing? >> what happens if they don't pay the penalty? >> they cannot be imprisoned but they could lose part of their refund that is the way the irs will enforce. neil: but how many? >> it will be more than the 4 million. >> every time i think it is bad news say it is worse.
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[laughter] >> they told us last week they cannot even calculate. neil: is the 1 billion figure conservative? don't give me that book. [laughter] will live be more than $1 billion? >> far more. people that have on-the-job coverage have health plans provided by their employer they cannot renew the plants then when the employer looks up the cost of the compliance it will be too much they willdrop them and when they go to the exchange neil: nonow you are talking. >> of pricetag conservative lee is what they could be collecting for not having their health insurance. >>. >> but we will broaden the
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exemption do we have to pay for that. >> exactly. >> they talk about our chips all the people who are eligible. >> but you walk into law costabile they will stick a syringe into you. [laughter] i don't know. when we come back it is one paying for college athletes to make money hand over fees -- than over fist but to one former college athletes eat enough is enough. after this.
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neil: you are a college athlete looking at the big contract all the things they do they use your like news or in its then they say enough is enough. one college player in particular is leading what would be but they argue the hundred million dollar share of the prize to share what the n.c.a.a. does. why do you side with the n.c.a.a.? >> and not at all. there in the right thing to want to forget them. neil: but they do. >> p.s. please get an incredible opportunity they get a scholarship dollars did erything they want on campus.
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that is what they get in exchange for nonprofessional their amateurs. neil: but they are making major money for the schools stannic they are. n.c.a.a. is big business they generate $1 billion in revenue off the backs of the unpaid players. the plaintiffs say why do we have to sign away our right to exploit our own baby and damage to the n.c.a.a. just to play for a college sport? that violates antitrust and fundamentally unfair. the n.c.a.a. is exploiting their name and image in the making millions of dollars of revenue off of these athletes and they don't want to share with them. >> i don't think they don't want to share the revenue but the difference between being amateur and professional. the athletes have a choice
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they can skip college they don't have to take the bargain but go professional. neil: but not all of them can and now he is selling cars and he was in the final four. they don't always hit pager so in that position in the end weather gave is that the kids get an likenesses are apparent peace of the of the doogh? cases have ruled they should but is that enough? >> you are right. >> the notion in that college sports is still amateur it is antiquated because these are defect go professional sports. neil: so now all of a sudden you have schools competing with each other for the best talent it will drive the talent away from certain schools. >> no, no, no.
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because the fans don't re that the coaches are making $3 million. they will not stop watching the favorite college team because of the players are getting paid. neil: but you will not go there and a 70 go as that attracts a talent he will go there. >> rights. >> it is a whole different model to steal athletes away with money is an educational opportunity. it is totally different for when they do become professionals if they do. neil: localities olympics of professionals could not but now they can. there is space any more so state the obvious? >> that is right. colleges 80 facto professional team they sell the tickets and market merchandise to put the
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players and video games and they are compensated with scholarships but c comparing the amount of money versus the billion dollars of revenue there is no comparison. the n.c.a.a. does not even allow them to get part-time jobs do devote their time to the sport. they testified yesterday that most of the time is spent on practices and games and travel so give us a little percentage of the revenue we bring into this school is totally fair. neil: we will watch what happens. it is a two-tiered system. the irs is seens the bad guy but what if i told you now they're not by the dozens and hundreds or thousands but the millions? it mes the irs is covering
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neil: apparently it is more than a few tea party or conservative groups a database that includes over 1 million americans over a variety of political events on what they are uncovering about the irs and who it was going after. apparently a lot of u.s. companies. >> it is great to be targeted by pro-government to be in with the millions with the people targeted. this is such a chilling effect on free speech especially the little guy is and what is coming upon is the irs with their own fishing expedition could not get what they wanted to find
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something on center right with the libertarian organization in san did did shut down small little groups across the country. that is nowhat we are about. neil: a flip to this is about the examination and process looking for commonalities. with those groups applying for the same tax distinction ? >> if you talk about $1 million plus in defense be plush the protocol but nobody broken any laws. >> yes you did doesn't detect cuts targeted approach was not a slip up with that piece of data it was the massive breach of
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security which lois lerner tried to clean up a few months ago a and she incriminated herself. >>t is horrifying. this bugs me. shouldn't the irs said us subpoena? if they are looking for any time of criminal activity? >> it is the complete violation and the timing for the republicans who control the house. >> to talk to liberal friends and i have many but to get their nose out of joint but what if it t was the reverse then how would you
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feel? you are imagining it. >> as i say to the liberal friends that will still speak to me if they can do it to me they can do it to you. here is the idea of there 90,000 irs employees they spent over $11 billion per year investigating their own citizens. and to help them out that investigates fraud, waste, and abuse has a $550 million budget. here is where i suggest give the government accountabity office budget of the irs the other budget and by the way to give bonuses to employees that are not paying taxes. >> but that wave -- makes way too much sense pemmican
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a critical comments these are all jennifer's. not mind. [laughter] >> all hypothetical. neil: but i don't think this goes much further than the latest allegations. with the appetite to get to the bottom is not there anode deals are struck as far as i know. i thought this would just go away. >> it probably will not happen again because of the outrage. >> they are hiring of lot of agents. the oversight is incredible with the hiring they are doing just to investigate and these activities is insane. >> it will not just go
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beyond it? >> it was buried in the papers. >> just with the outrage. >> you should not have to. >> and 80,000 employees does not include those from obamacare for the medical history. >> that is icing on the cake >> when we come back china goes after us again and paula deen it tries to come back again. next. (vo) rush hour around here starts at 6:30 a.m. - on the nose. but for me, it starts with the opening bell. and the rush i get, lasts way more than an hour. (announcer) at scottrade, we share your passion for trading.
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neil: look at the relationship with china and we threaten them. i dare you to step on that line. i am the only one that gets that analogy because now we learn the chinese continue to attack us in clever ways are sil ways but they still do it and they go after key defense and intelligence concern's. how bad is this? back with our all-star is. [laughter] >> this bugs me. because china knows what we are up to. first of all, be all spy on each other and things have been but we have been doing this game with china but we threaten them with the strong dollar policy there
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was no basis. don't buy our debt we will buy your is basically the worst case scenario where they don't believe the threats and i don't blame them. >> they laugh at us. >> and we should go on offense. and i am understand but we don't follow lot of the threats. >> no. because we are worried about our political image but it bothers me that they denounced the allegations with the report coming to life that they look to the conferences to look like the
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yoda brochure so they can put them now where? neil: as of a sense we the yoda e-mail i would not open it to worry. [laughter] >> galleys they are getting creative. >> we have a lot more to lose than china. but they're growing at a much more rapid pace. neil: what do you do? >> they have to get tough. neil: real stop buying your pet to that kills animals or discount drugs that is lined with paint steve dash we have to pay higher prices. >> she is right. >> sought get up for pay -- send a message. >> you were almost the greatest degeneration. take the cue. [laughter]
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you remember paula deen she is opening of stores she it was that a cooking store and the crowds are showing up so even though she lost target and home depot and the food network and all others with that mess up over the end word can she come back? >> she is. she lost her sponsors but she has 100 million of private equity funding between 75 and 100 million. she is working on 20 cities in the south but it is one year ago but americans for gallaudet tiger woods and chris brown they did far worse or equal. she welcome back. >> totally disagree. i love cooking and i am done with her. but pleasure in the same category as dawn starling. >> justin bieber?
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[laughter] >> but to mention the southern cities. but the fact is i think she can come back. >> people forget. and unfortunately because the people like donald sterling we get these things it is to sensitize is a big deal when somebody else does the same thing oh yeah the one that did that last month? who did that price to make you think donald sterling desensitized he will not go well why a quietly has threatened again. >> but he has asinine behavior she said something stupid. >> but she treated her employees tear of all. >> that is the other thing she treated them terrible.
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>> i would not either one. >> you would give her enough time? make i forgive her. as a consumer i forgive her. >> as our colleagues say insider trading is a victimless crime. >> but she was very self righteous and error grant spanish she perjured herself >> she is also very rich. >> but he did more jail time after that. >> but we forget. >> and he can still make records now he tries to combat. evarts it the most whene'er hurts their pocketbook king and not very mooion --
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that's health in numbers. unitedhealthcare. "what's the deal, neil?." >> what's is the deal with the president's latest student loan rescue and having the rich pay for it? kylie e-mails another reason to go to canada. i hope not, kyle, hang in there. dolly writes the president did this by executive order, really? really, dolly. neil, what is the deal with the student loans. as someone who started taking them out for college, they tell you at least twiceul be responsible for paying them back. now we're all paying them back, david. tam, i understand huge loans but they took them out.
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i don't remember co-signing their documents and sticking me with the bill if they couldn't pay them back. how did they calculate the treasury is goingo make money on the deal in the white house says it's going to cost over 50 billion dollars. what's he smoking? rick was allowing to the fact by allowing students to refinance their debt, uncle sam scores the gain. what rick leaves out is taxpayers foot the bill for the refinancing. cavuto, suck it up, help your fellow man, you will have enough money to finance your hopelessly extravagant end of rome lifestyle, you selfish moneygrubbing fat freak. who you calling that? you wait long enough, the government will pay them for you. you have not learned that we are the government. mary via aol, is there a
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bailout for folks who like me can't finance the bailouts? not yet. give them time, mary. tina in new york city, you might find this hard to believe, college is expensive. kids need help. you might find this hard to believe, constantly providing relief for debt strapped students will only make the colleges hike tuition all the more. then to random issues that have come up on this and other stories we have covered. kip in providence, rhode island. neil surely you took out college loans. i did and paid them back. maria writes i read something crazy about you that you first intended to be a priest. that can't be true, can it? it is maria, it broke my irish mom's heart when i opted out, too. my italian dad wasn't as chagrinned, i remember him telling me good, neil, no money in it. later when i got a job as a newspaper reporter, i remember
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him saying incredible, neil, only you could find a profession that pays less than priests. neil, please tell me you didn't work for jimmy carter? well, i worked for jimmy carter. i intern forward him. and you don't remember the gas lines of the 70s. are you kidding? you worked for jimmy carter. kevin writes, did you know that brian williams, also interned at the carter white house? what the hell happened to you guys? i don't know, this brian guy doesn't ring a bell. this bobby in dallas wants to get something straight. ho, ho's or ring dings, cavuto? if bill o'reilly and sean were were drowning, who would you help? i would help them both, kelly. amanda you strike me as more
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than i can take. zip, cavuto, i think you're a solid guy but you've got to get rid of the toupee! it's not a toupee. you are fooling no women, trip off. and celebrate the sexy brainy hunk you are. you look like the dude in the lego movie! i didn't even see that. that's what i think you have, lego hair. all right, that does, it all of you plastic, shallow, follicle obsessed credents hop over to cnbc where they all wear toupees, yes, even the women. neil i volunteered you for the first manned flight to mars. and donna i volunteered you for the first direct asteroid hit from space. t.j. in atlanta, you are for
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journalism what gandhi was for justice. thank you. cavuto, i appreate you sticking up for walmart, but i can't see you shopping at walmart. i'm there quite often. just go in disguise, loosen the tie, you wouldn't recognize me. speaking of which. i always hear you suggesting flying commando with the airline fees and charges. my biggest fear is i end up sitting next to you. biggest fear or biggest dream, hotty? come on, tell the truthy. rocky writes cavuto you talking about flying commando makes me want to take the train. go ahead, me and hotty will be just fine. what is the deal with all of these airline fees? as you told the people express guy, you can't escape them, maybe you are right. flying naked is a way to avoid them. that means that the following no carry-on, nothing, nada, zilch, zippo, you are getting
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my point. anne writes i think you are obsessed with sex and skin and debauchery. am i wrong? you are not. don't you think you are too old to be ogling beauties half your age? i do not. tammy, why don't you feature ugly people on the show? i figure as hosts i covered the ugly quota, tammy. victor writes i love your reverent look at life. you seem like a grounded real guy, and sure enough i heard from a pal of mine who bumped into you in new york and confirmed it. may i pinch you the next time i am in new york to double confirm this? you may not. college senior abigail wants none of this. my professor assigned us to watch all the major financial shows and made a special point watching yours, saying we might get a kick out of it. i watched, i didn't get a kick out of you, i found you immediately offensive and childish and preoccupied with yourself. if you're supposed to be an
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icon, i don't get it. abigail, you are a clueless idiot. drop out now and don't stick me with your college debt on the way out. have a lovely night, see you tomorrow. . kennedy: breaking news tonight, to start "the independents," i'm kennedy along with "reason" magazine editor in chief matt welch and kmele foster from freethink media. together we are "the independents" and welcome to the show. big news out of virginia. a huge primary, eric cantor, the house majority leader lost seat to david brat, an economics professor. he has preyed on republican weakness, a tea party challenger, has upset a guy who spent 24 years in that seat. and by the way, sitting majority leader has not been defeatured since
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