apple up, stellar earnings. there will be a message from the fed in a couple hours' time. maybe that's what's moving things. neil, you're going to cover. that take it away, lad. neil: we have a study that is now validating what you just said. vegetables, fruit, bad for you. very, very bad for you. so everyone back to bacon and prime rib, i'm going live to 100! guys, thank you very, very much. it's whacky. something else that's whacky. state legislators propose and judges dismiss. the latest state in the effort to defund planned parenthood across the nation state by state, alabama judge ruling that you just can't willy-nilly strip away medicaid funds at the state level and not fund planned parenthood. this rings a bell. the similar situation happened last week in louisiana. we've seen judges moving in texas, in virginia, in half a

dozen other states at least among the better than dozen that have already committed to wiping out at least medicare funding for planned parenthood within their respective states. i hasten to add, if you strip away the state funding it doesn't go away because there is still federal funding. but it's an effort that state by state they're trying to eradicate and easier said than done in the eyes of the law. keep you posted in a big advance in the stock market today. two hours away from hearing what the federal reserve is deciding about interest rates. as stuart is telling you, as we're telling you very little likelihood we will see a move in interest rates today, there's no planned statement out of the fed, or a planned press announcement or even a meet-and-greet with the press on the part of janet yellen, the fed chair afterwards. that's why the betting is if there is a tightening to come, it will come in december, the next fed meeting six weeks from now.

again, consensus is often wrong, most often wrong. oil up 5% today, take a look at this. a lot of this has to do with the notion it hit down too much, too fast, because we've been reporting and phil flynn reporting from chicago, we have a lot of supply out there, much more gushing as part of the latest debt deal is to open up reserves from the strategic petroleum reserves, we're going to flood the supply. way too early to tell. we'll see. on the debt combination budget deal, combination we can do this for two years, blake burman for stirrings on the right, blake? >> reporter: good afternoon, to you, the house freedom caucus, the group of 30-40 conservative republicans came out today and they said they do not support this budget agreement. they called it, quote, fiscal monstrosity. they say it's negotiated in secret and one of the reasons why they have come out against it. this is the same group that

paul ryan at some point later today is going to need to attract support from the next speaker of the house to get over the 218 vote hurtle. a lot of eyes were on ryan himself with the speakership election happening later today informally and formally tomorrow. what would he do? he came out and he said he supports this budget deal, this debt ceiling deal and spoke to the process, essentially saying this will give them a clean slate. he said in part, quote, what i've heard from members over the last two weeks is a desire to wipe the slate clean, put in place a process that builds trust and start focusing on big ideas. he says what has been produced will go a long way toward relieving the uncertainty hanging over us and that's why i intend to support it. that from paul ryan earlier today. neil? neil: what bothers folks on the right they think of paul ryan as a john boehner that will get

along to get to the next fight but all too often willing to accept bad stuff in the interim. there are enough angry conservatives to stop his march to the speakership? >> reporter: well, today, there's two numbers here on the march to the speakership. he's got to get on 218 votes. the house freedom caucus is 30-40 republicans, he needs half of them. he doesn't want to get on 218. he wants to get to 230, 240, and one of the questions that we'll have to see later today when they do indeed vote and the number comes out is, does his stance on the budget today, he says he's in favor for which the house freedom caucus says they are against whether or not that has last minute sway among the block, and makes them think twice or makes them a little more hesitant at throwing support behind ryan. for all intents and purposes, it's believed ryan will get to the mark. neil: thank you very much, blake burman. as blake outlined this is

the conundrum for paul ryan, say you hate the deal but back the deal to get on with the deal and move on to other deals. that is the mood in washington you have to be countermainstream but mainstream enough to get stuff done. he didn't build his fortune not talking to the outside or talking to those who disagreed with him, but maybe a kinder, gentler approach is what's needed. john paul, i don't know whether paul ryan is the kinder, gentler approach. he's walking a fine line, he has many angry on the right who don't want to go along. how would you advise them? >> what i would advise him is apparently you're the front-runner because they think you can do something. they are unfortunately so split apart on different sides they're hoping somebody like paul will bring them together.

my advice would be get them in a room, let each tell their side, let the other tell their side, like they should do in government, sometimes they don't and find a happy medium in between and move forward. otherwise, both sides lose. totally lose because you can never get together for your strong vote. and you work so hard to win over the senate as well as the house of representatives, new you're screwing it up by finding a way for both sides to agreement it's silly as can be. sit them all down, let each one say their parts in a closed room among one another and not leave the room until they find a happy medium but realize the goal is you won the house and the senate. the goal is make it work. it's not working. neil: you know, john paul, we chatted about this when it first happened with john boehner. the way i see it, and i talk to the principal players involved. most of them were mad at boehner not being included in the discussions, not having the

sitdown, not getting anyone in leadership to explain why their legislation, why their bill that has bipartisan support would not go to a nod or brought up and it ticked them off. i don't know the drama and intrigue behind the curtains there, might be perfectly valid reasons not to bring pieces up to focus on one things, it was not communicated. and how often have we heard this john, in business and in politics, hey, i was out of the loop, no one is hearing me? no one is hearing my frustration. enter paul ryan who seems to be like a priestly figure to both sides who can talk to them, and that might be half the game. >> i think a real key here is talk to them. in the past they talk to each side to the best of my knowledge separately, rarely er. it's when you get together and talk together in the same rooms, they hear one another out, feel emotions, feel a

happy medium because they are communicating. neil: john, sometimes it gets worse than that. i don't think it will cost him the speakership when joe biden and harry reid were saying good things about him, even nancy pelosi. you're hearing if those guys like him, i don't by definition. gone are the days where the bipartisan camaraderie was a skill. now it almost seems to be a drawback. >> it could be that. even the democrats could be waking up at the same time. they realize that people of america, we the people, right, know that government does not work the way it does right now. isn't working. that's why people like donald trump are so popular and people say hey, it's going to work now because this guy is different. and i wish the other side had a donald trump too to create that kind of controversy. so people could come out and figure out a way where regular politicians make something work

where it's not hey, here's my promise, i'm not going to do it but i'm going to run for re-election. neil: you might offer the secret, you have pricey boots. maybe you can ship a case to washington. >> ship them some patrone. i love it. if they sipped on patron, they would be comfortable. neil: they wouldn't know where they are after a couple of glasses. >> they would feel wonderful. neil: john paul, from nothing he made a fortune and did it by not arguing, it was his way or the highway. there is a concept here. and something to the apple earnings that are out because people are clawing through them since they came out. the stock is up north of three bucks here. but it's built on a lot of cozy assumptions on china growth that looks robust, about abel iphone sales that look very, very robust, optimism coming in future quarters will look good.

my next guest isn't buying it. russ frushtick on what he thinks isn't being reported or maybe it is, what do you think, russ? >> one of the big things we're missing here is word on the apple watch. they made the splash for the release of the apple watch and now in the reports, all we're hearing is they bested external expectations. neil: if it was great news, they didn't waste a nanosecond getting it out. now bury it with ancillary services, i don't know what they call it, it's buried in there, the closest i saw was exchange in interview in the "wall street journal" where tim cook was saying apple watch is doing just fine, we sold more this quarter than last quarter and the next quarter will sell more than the last quarter. that is nonspecific. >> the most nonanswer you can get. if you compare the watch numbers to the phone numbers

it's a spec. they don't want to give the implication that the watch didn't do the smash that the iphone did. neil: do you think they envisioned it would be a speck? with all the big launch, that was last april, right? >> yes. neil: that it hasn't been nearly the success they thought. >> yeah, i definitely think they expected it to be more ubiquitous. i'm sure they'll take multiple stabs at it over the next few years. the bigger gains in automotive, they have huge potential there. apple watch and smart watches in general have not proven to be a big business. neil: eventually it will be. too many fit people competing with these things. >> yeah. neil: if you can bring in fat people to this thing, you've got a home run. we'll see. russ, thank you so much. good seeing you. now apple shareholders. russ was saying they might be playing fast and loose with the

watch numbers but the general numbers seem to impress the general wall street community, especially going into the holiday season. you're not buying it, why not? >> maybe generally, neil, not specifically. so when profits go up 31% as apple's did, how is the stock only up $2.28 when i left for the studio this afternoon? that's the difference between rhetoric and reality. what tim cook is putting out is rhetoric, and what the investors are seeing is reality. now you have to -- neil: yeah, but the investors are okay with it? up over three bucks, you're right, a second, a moment in time does not a trend made. when the numbers were better-than-expected they were tanking the stock. i'm not smart enough to know how the trends go, but a lot of people look at this and say if apple can absorb the body blows and with some of the promising products they have, they might turn this around. you're not so sure? >> promising products, the

first promising product in hardware is the watch. the first new product since 2010, and won't segregate out how the sales are doing. the lack of transparency under tim cook is starting to trouble investors. neil: wait, no, no, no, to be a little unfair, you could argue that steve jobs would hide the things that weren't going so well and focus on the things that were, right? >> like i said, i think there's this mismatch between rhetoric and reality, and the difference between consumers and investors, right, where a lot of the consumers, you can pull the wool over their eye for so long, like the new ad campaign about the latest iphone, right? what has changed everything? that's simply not true. there was slight innovations in the phone. so when you're selling to areas like china where there is emerging middle class and folks are buying first ever iphone, everything is new and great and wonderful to them, but when

you're telling folks in america and some european countries everything has changed and go buy the new phone, there is the big disconnect and you can only have the disconnect between the rhetoric of the ceo, the rhetoric of the ad campaigns and the reality of the lack of innovation and the products for so long because the reports were great that just came out last night, but 63% of the revenue is still driven from the iphone. so if we're pulling away engineers to work on a car, if we're pulling away engineers to work on a watch that is doing so poorly, we don't want to tell people how it's doing, that's where the concern comes in. neil: poorly by apple's definition might be different than others. they sold 48 million iphones and that's deemed okay. >> if hillary's testimony about benghazi last week told us anything, people don't mind being lied to. they don't have to worry, the

reality matches the rhetoric. >> the lying is one thing and not volunteering information on another. ethically it's a little challenging. you made good points, justin, thank you very much. >> thank you, neil. neil: if the budget deal goes for two years with a plan to get tough later. trust me, i've done diets like that.

when a moment spontaneously turns romantic, why pause to take a pill? and why stop what you're doing to find a bathroom? cialis for daily use, is the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess.

side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use. insurance coverage has expanded nationally and you may now be covered. contact your health plan for the latest information. tand that's what we're doings to chat xfinity.rself, we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around.

. neil: you know, this is a busy bee day, if you think about it. we're going to have the fed meeting, less than two hours, kind of a foregone conclusion, we think they're not going to do anything. the republican conference meeting to decide whether speaker ryan will be speaker ryan. i'm taking that leap, he's expected to be. that goes to full vote in the house. and the two year budget deal which is unusual in

washington to agree to numbers for two years, try to stick to themselves, try to get this over the next election and move onto other. in the middle of all of that we have republican congresswoman from the state of tennessee, so much to get into, first on paul ryan, would he have your support? >> yes, paul will have my support and i anticipate he's going to have a solid, solid number. he'll get past the 218 in the conference this afternoon. neil: do you know much about the freedom caucus? >> i do. neil: there are a minimum 20 members who will likely vote for him. it could be up to 30 or 35, do you know that? >> i think what you'll see is the majority of the freedom caucus, the liberty caucus, conservative opportunities society, i think you're going to see a majority of those of us who are conservatives move forward and vote for paul. neil: all right, now, he's obviously in a delicate

position here saying this he thinks the process stinks that brought us the two year deal. >> yeah. neil: that is kind of like having your cake and eating it, too. i think is a stupid expression, i figure the cake's there, eat it! having said that, having said, that is he trying to have it both ways, and isn't that what riles a lot of your conservative members? >> i haven't talked to him about the budget deal specifically. i agree it's a bad deal, you know? i'm one of those that is not for this. i think there's a lot of things that are wrong. my constituents think there's a lot that is wrong with this, and so it's not something they can support and i don't know if these going to support it or not. neil: you won't vote for it? >> no. neil: the big reason being what? >> several reasons. one it busts the budget caps that we put in place, and we know you can spend less and cut more from discretionary spending. agencies like the epa and the irs that do not need more

money. you also need to get in there and reform social security disability not do a money transfer from social security. the ag issues with crop insurance that breaks fate with our farmers, we need to see entitlement reforms starting with medicaid. that is not included in this, so there are some big issues -- neil: you're a no vote, bottom line, you're a no vote. what got you hear, you heard about a judge in alabama, the latest legal challenge to a challenge planned parenthood and defunding it saying alabama you can't do this. hold the phone. i think what we will do is move forward with looking at the abortion

industry and the procurement organization. that is going to be our focus at the federal level and looking at the relationship there. i understand that they're going to be states that are going to push forward with defunding challenges with court challenges to other organizations and to the abortion industry and dealing with title 10 funds to medicaid money and we'll see where that goes. neil: thank you, congressman, very good having you. >> good being with you. neil: a lot going on here. we have the ability to look at bonds and how they're doing? oil is moving up here, after getting hit hard, but if you think that in this middle of this stock move today you're seeing interest rates soar, they're barely budging. we're looking at oil at $45.68, up about 2 1/2 bucks there, but bottom line if you're worried about inflation rearing its proverbial ugly head, you're

not going to see it in bond traders. take my word for it. i think governor kasich had a john lubitz moment. remember that "saturday night live"? john lubitz playing michael dukakis, he can't believe he's losing to george bush, but he is. i think john kasich said that about being behind ben carson and donald trump when otherwise calm, placid governors go nuts. after this.

.. 2 diabetes your a1c is not atl with certain diabetes pills or daily insulin, your doctor may be talking about adding medication to help lower your a1c. ask your doctor if adding once-a-week tanzeum is right for you. once-a-week tanzeum is an injectable prescription medicine that may improve blood sugar in adults with type 2 diabetes, along with diet and exercise. once-a-week tanzeum works by helping your body release its own natural insulin when it's needed. tanzeum is not recommended as the first medicine to treat diabetes or in people with severe stomach or intestinal problems. tanzeum is not insulin. it is not used to treat type 1 diabetes or diabetic ketoacidosis,

and has not been studied with mealtime insulin. do not take tanzeum if you or your family have a history of medullary thyroid cancer or multiple endocrine neoplasia syndrome type 2, or if you're allergic to tanzeum or any of its ingredients. stop using tanzeum and call your doctor right away if you experience symptoms of a serious allergic reaction which may include itching, rash, or difficulty breathing; if you have signs of pancreatitis, such as severe stomach pain that will not go away and may move to your back, with or without vomiting; or if you have symptoms of thyroid cancer which include a lump or swelling in your neck, hoarseness, trouble swallowing, or shortness of breath. before using tanzeum, talk to your doctor about your medical conditions, all medicines you're taking, if you're nursing, pregnant, or may become pregnant. and about low blood sugar and how to manage it. taking tanzeum with a sulfonylurea or insulin increases your risk for low blood sugar. common side effects with tanzeum include diarrhea, nausea, injection site reactions, cough, back pain, and cold or flu symptoms. some serious side effects can lead to dehydration

which may cause kidney failure. ask your doctor if whichis right for you. failure. go to tanzeum.com to learn if you may be eligible to receive tanzeum free for 12 months. make every week a tanzeum week. >> one guy as we should take 11 million people and pick them up, from their homes or apartments, pick them up, take them to the border and scream at them to get out of our country? that is just crazy. what has happened to our party?

>> that was john kasich's way of saying i can't believe i'm losing to these guys, ben carson, i was thinking of this. >> governor dukakis, rebuttal? >> i can't believe i am losing to this guy. neil: that was so good. it happens. a lot of these guys get frustrated. i can't believe i am losing to the two at the top. but maybe, maybe adding to the frustration, i don't think john kasich will like that ben carson has passed all republicans, not only the top fund-raiser in iowa but being on hillary clinton in iowa. i don't know what is leading what, charlie gasparino, but it would appear to me he is the guy

on fire right now. charles: but it is very early, how why your state, very much the religious conservatives control the caucasus so i don't know if you can translate that elsewhere. neil: always and out liar. i want to make clear you do not heat iowa or farmers or those who like god. charles: i went to school in missouri. it is in the midwest. when i was there -- they dropped me in from a parachute. neil: obviously that is a sign, i don't know what is leading what. charles: what the by telling john kasich that the fund raisers, establishment fund-raisers not just in new york but dallas, north texas, there's a lot of money and they like john kasich so what he is getting from his fund-raisers as he is trying to raise money is positive feedback from rich people.

then he looks at the numbers and says why am i not making it with a grass-roots republican? it is frustrating. if you are going to go out on a limb on immigration that is not the way to endear yourself to mainstream republican voters like the grass roots. neil: ironic that a guy who has the best record per se, the biggest turnaround. charles: it is not translating for any of them. this is a long race, we don't know. this donald trump brought our ben carson drops out and the field gets a little more, it opens up. neil: unconventional candidates, who do they think? charles: we are all a function of our sources. i am in new york and have wall street sources, democrat and republican, establishment players in texas, they like john kasich, they like jeb bush, they

like marco rubio, they think donald trump and ben carson are going to flame out. that is their bias speaking, with is that happens or not they point to historical norms where -- neil: they are clinging to the past. charles: very rich dinosaurs that they raise all the money and they think those two non establishment candidates, didn't mean that as a characters -- neil: freudian slip. charles: candidates, they think they will flame out and it will open the field to john kasich, marco rubio and jeb bush. neil: run the apology after. before send your complaints to neil cavuto. neil: he is the best in the business. take a look at the dow, we're 109 points, this growing sense from the likes of amazon and walmart beating up holiday

related hiring, amazon up more today, don't believe economists, these guys have a note for retail, going to be a busy christmas shopping season. if you are federal reserve members, you have 90 minutes, as that way on what you do maybe not this meeting but the next meeting who knows? trying to be as dramatic as i possibly can. jeb bush: this president, with all due respect, believes that america's leadership and presence in the world is not a force for good.

america has led the world and it is a more peaceful world when we're engaged the right way. we do not have to be the world's policeman. we have to be the world's leader. we have to stand for the values of freedom. who's going to take care of the christians that are being eliminated in the middle east? but for the united states, who? who's going to stand up for the dissidents inside of iran that are brutalized each and every day? but for the united states, who? who's going to take care of israel and support them - our greatest ally in the middle east? but for the united states, no one - no one is capable of doing this. the united states has the capability of doing this, and it's in our economic and national security interest that we do it. i will be that kind of president and i hope you want that kind of president for our country going forward. announcer: right to rise usa is responsible for the content of this message.

usaa makes me feel like i'm a car buying expert in no time at all. there was no stress. it was in and out. if i buy a car through usaa, i know i'm getting a fair price. we realized, okay, this not only could be convenient, we could save a lot of money. i was like, wow, if i could save this much, then i could actually maybe upgrade a little bit. and it was just easy. usaa, they just really make sure that you're well taken care of. usaa car buying service. powered by truecar. online and on the usaa app.

neil: you are not going to believe this. in washington, what is going on in the house is they are setting up the debate on the budget bill but they have to agree on the rule to set up said budget debate. no idea what that means but i would start going into the whole budget matter. we have rules and procedure so that is what they are debating, coming up with rules to debate something that has been agreed to by party leaders on both sides. only in washington. maybe this is part of the problem. if you are listening to this, paul ryan, you really want that job? in the meantime we are following the federal reserve and hour-and-a-half away from deciding yes or no on hiking rates. ashley webster following that. the assumption is no move today because there is no planned press statement on janet yellen availability, that could be wrong, what are you hearing? ashley: they could surprise us. it won't happen.

the odds-cannot going to do anything for the rest of the year. we are looking at the new year. that tees goddess on the edge of our seats ahead of this. i take it in the spirit was delivered. as i was saying, and the economy improving but nowhere near for the fed who should have done it already to go ahead and raise rates. there are a couple reasons the economy is slowing down. i am a glass half full kind of guy but industrial firms said they are pulling back on spending money, they say weakness in the global economy is hurting them, having a knock on effect here and the other thing is the central banks around the world are very dovish right now, china, europe, they're very dovish. they're going to raise rates, that will make the dollar even stronger which kills our

exports. neil: they're holding off. neil: are half last guy? ashley: i am at last guy, half glass, have flesh. neil: it is not water in that. ashley webster. what do you make of that? the federal reserve putting itself in a box, this in decision has given the market's this confused view of what is going on. former tim geithner aide, i think it goes back to what ashley touched on and you know very well with the financial crisis, last thing the fed wants to do is trigger another one when the world is going one way with rates and might be going the other way. >> the fed found itself at the zero lower bound and can't

figure out how to get out of it. economy isn't strong enough, no presence of inflation to justify raising rates on those grounds. on the other side the fed is desperate to raise rates enough's that the next time there is an economic recession or trouble, they can lower rates. they are caught in this catch-22, the act of raising rates will cause a slowdown they are building ammunition for. neil: how much does it give away, the financial crisis, how much does it weigh when other central bank, the world bank is calling you up and imploring don't, don't, don't. >> it matters a lot not just for global coordination but domestic policy purposes. as was said before experts in the value of the dollar matter tremendously and when you are seeing is a sharp rise in the value of the dollar and the fed can control that by increasing rates, making money more attractive, increasing the value of the dollar which will act to slow our economy. in some ways when the rest of

the central banks of the world diverge it doubles the impact or increases and magnifies the impact of 25 basis point increase is like 50. megaphone weighing of the fed. neil: i was thinking of hillary clinton on steven colbert last night. one thing she said is if we ever had another bank crisis, one or several on the brink she would let them go, not rescue them. is that surprising? >> no. dodd-frank has put in place a whole new set of tools that didn't exist. neil: would it ever happen again that a bank is up against the wall? >> absolutely it would happen but now policymaker have the tools so they don't have to choose between bailout and crisis. neil: bank of america bleeding? you tell them to break up? >> bank of america has pre file living wills to explain how it would resolve its shell, mostly through technical term called single point of entry where the tickets top of bank of america

and fold back, spiegel that bankruptcy and resolution, bank of delight proceeding and -- neil: could be sold off but if you are in a freefall market you might not find any buyers like we did back in 2008-2009 when the government had to be the buyer? >> the government had to inject capital so the entities don't continue to invest. you safely try to wind down the entities even in that type of panic so they naturally shrink. neil: it scares me but we will see. >> hopefully you and i won't be covering it. next time this happens, hopefully we can solve it better than the last. neil: i will be talking one way or the other, good having you here, appreciate it. another sort of problem is housing.

is it good or bad with home builders? inhibit the fed to do anything, propelled the fed to do anything, connell mcshane is looking at that. connell: the street tells the story overall, stocks plunging, longer term headline, bouncing back today raises the larger question, first the numbers we have after some rough data earlier on weekly numbers for these stocks, home builders, as they wait to see what the fed will do, lennar, they are all down but bouncing back today and that brings us to the question in the sector report, look at a sector like home building, is this the time to buy? the case has been made by some investors that it is for a variety of reasons, stocks have come down, we should use the numbers over the next weekend at a depressed level you get in, and you buy them and the second thing is seasonal, these are the numbers at new-home sales in september down 11.5%, maybe buy

these stocks now, and in the spring when housing is stronger you take advantage of that when homebuilder stocks are ready to go. kind of interesting week for these stocks. neil: we will keep an eye on all of the above. they're trying to establish rules, a procedure where they agreed to parameters of the debate but apparently that part is not going smoothly. they don't know how to proceed with acting on this deal, the 2-year budget deal that freezes the debt ceiling or extends to the point that is not formally raise the kind of raised. it is up mass but they're coming up with rules to at least be fine how much. it is a mess, after this.

neil: you don't often see this in washington. both sides breathed a sigh of relief, there's plenty of other drama on some other uses but not on that. party leaders supported, paul ryan holding his nose, supports the democratic congressman brendan boil, whether he supports it. good to have you. where do you stand on this? >> i support it 100 isn't, i am not new member of congress who came in fed up with the stalemate we constantly have with but it's not getting done and running up to false deadlines like debt ceilings. the fact we have come to compromise or appears wheat came to a compromise on something big, is important but especially

with business viewers giving certainty to the markets now through spring of 2017 is very important. neil: it might be down to the expense of anything fiscally sound. there is very the discipline to rein in spending, on the part of both parties discipline to advance much of anything, it gets you a over a hump. >> despite all the perceptions, if you look at discretionary spending, in the last 67 years. we have a long term debt problem. neil: the percentage of gdp is very small but you know it can be short-lived, whatever deficits we have, congressman, they are getting added to the that. $450 of deficits, that is kind

of weird. >> deficits that two thirds lower than they were seven eight years ago. neil: this is something i have harangue republican and democratic leaders for just piling on. you are young guy, 38 years old, great future but when i hear people get happy about half trillion dollar deficit by start thinking that worries me. >> not as if i was going to throw a parade we achieved where we need to but my primary concern from substantive disagreement i don't think the deficit and the debt are the primary concerns. it was the low wage growth we suffered through. neil: you want government to do more in that regard, all the payment, interest payments we are making on that debt and deficits, strangling your ability to use the government to do the things you wanted to do.

>> no question that is not helpful but that is not the only reason we have such slow growth in the u.s. and western europe and most of the industrialized world's. here is what it boils down to in terms of the two year deal, pushing through going through the exercise coming up on an artificially imposed deadline, risking, threatening markets that were not going to meet its, the gdp a couple years ago. a major drop in terms of job losses and gdp growth, a friend of mine in the chamber of commerce, congress got out of the way of the economy, that is a good thing, doesn't solve every problem, we have long-term fiscal challenges in the next two to three decades ago we should address but for right now this is a good thing, before the first time in the ten mensa i have been here real progress.

neil: dodging a bullet doesn't mean there aren't plenty of other bullets in the same gun. >> it is getting better than hit by the blood, we are dodging one for now and , we are dodging one for now and 2017. let's make this the beginning of long-term fiscal enterprises to fix our needs. neil: we are seeing this whole debt thing addressed over the next couple years, spending or raising it, ignoring it. giving congress the two year passed to keep spending. nagement can protect capital long term. active management can tap global insights. active management can seek to outperform. that's the power of active management. but it is not the device mobithat is mobile,

it is you. ardo you have there? coverage you need? open enrollment ends december 7th. don't put it off 'til later.

now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today to learn about the kinds of coverage we offer, including aarp medicarecomplete plans insured through unitedhealthcare. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a low monthly premium, or in some areas no plan premium at all. unitedhealthcare doesn't stop there. you'll have $0 co-pays for preventive services... like an annual physical and most immunizations. other benefits can include routine vision and hearing coverage and the pharmacy saver program gives you access to prescriptions as low as $1.50... at your local pharmacy, in retail locations like these. or pay zero dollars for a 90-day supply

of your tier 1 and tier 2 drugs, delivered right to your door. just a few ways we connect you with the people and programs... to help give you a better healthcare experience. call to enroll today and enjoy these benefits and more, like renew by unitedhealthcare, that rewards you for making healthy choices. your healthcare needs are unique. that's why, with over 30 years of medicare experience, we'll be there to help you along the way -- we can even schedule your appointments. open enrollment ends december 7th. so don't wait another day. if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call unitedhealthcare today. ♪

neil: this debt thing probably going to go through. a lot of people are relieved, the hurdle washington operates. there was some value to that. the congressman from pennsylvania among those saying there's some uncertainty out of there. here is what is certain that it doesn't address any of these problems the run on spending, doesn't remotely address entitlements, remote the address the growth in spending, grows and another 80 to $200 billion, you can understand why a small business owner is worried. you have up business, you have to stick to a budget. these guys got a two year has not to do the same inning. what do you think? >> they are kicking the can down the road. they need to grow a backbone. businesses like ours, all businesses we can't have government continue to grow and

we don't have a reduction in regulation and taxes. that is crushing -- neil: we don't have time for that. we will get is that. we will look at the sweeping nature of excessive spending behind discretionary programs and the rest. we will get to it and we never do. >> the republicans starting to sound like democrats. we need to reduce the cost of doing business, government is in the way especially in new york state and across the country. we cannot compete nationally, internationally with this overburdensome regulation, taxes, i live in new york, highest taxed state, which is not a good place to be. take a hard decisions now, not pass this down the road, kicking the can down the road, looking at 20, 2025 before we look it spending cuts. most of us will be retired. i hope i am here.

this is insane. neil: what is interesting, is dead as both sides at desperate to find money. they have done something very much akin to looking for spare change under the couch cushion by looking at strategic petroleum reserve which is reserved for emergencies just to pay bills. that alarms me. >> that alarms me too. this is found on national security, the idea that the federal government was founded on national security, its primary role, border security, that is what our founders wanted but as far as spending, it never ends, spending on unnecessary programs. let's unleash natural gas and some of the other natural resources instead of going into our reserve the power of the united states is it is and

economic power most importantly and we understand our problem in the world and we need to be strong and crushing debt does not keep us strong. neil: good seeing you again. we were number 1 in taxes.

are you

♪ neil: this is sixth avenue. right out of the studio in town manhattan. a lot of traffic. a two-year budget deal. calls for more spending. no resolve. do you think that it is just too coincident? i think not. a little drama. obviously, i am worried about something, but that is not the case we are getting out of the cbo budget office. it is fully offset. talking to the fed.

it really means two years of very little disappointing resolve or any effort at all to get on top of specially. that is my view of this thing. i do watch her take a look at whether the markets are as perturbed as i am. they take it while to catch up to me. 17,673. the better they had than expected economy underlying all of it. corporate numbers. links to amazon. still continuing to pile on gains. let them hold the way. new york state democratic party director. >> i think that will argue should be ashamed of themselves. >> republicans take the fight out of the ring.

use the locker room for sure. the presidential ties we are aiming for. we will have some leaders in the government. will follow ideological standpoint. let's take this off-line and figure it out. keep our eye on the stories. but get some legislation out there. neil: your party is all about -t control of this stuff. taking that can down the road. >> i would like to say minority leaders like nancy pelosi take dance lessons. it takes two to tango. it is really heard that is shutting the government down. neil: it is not my fault. i can assure you.

>> i will pick apart that point. republicans are upset. upset that anything this administration has done. going in and doing your job and legislating. neil: i know that you keep the government lights on. >> obviously, that is the right thing to do. >> cobbling something together that you know is half [bleep] going onto other stuff. >> it is absolutely the right thing to do. the republicans have a problem with this. they can challenge the president. spending is a millions of dollars in these committee hearings. neil: bulk artist talk about wanting to address this long-term debt of ours. >> we have not. until we figure out a way, we

are a company going out of business. everybody needs to -- neil: hideaway, let's get a little home. we will address it afterwards. that is why it is so gloomy. you guys do not know this because you are busy working. it is busy raining. we are stuck not dealing with our problems. >> the economy is getting better. going back with the assemblywoman a few minutes ago. the democratic governor has reduced taxes in the state, quite frankly. neil: back after this. what we are doing is doing nothing. we are punting on this, again.

two years from now, we will really get serious about it. neil: it has not ended well. >> democrats are bringing the economy back. >> six jillion dollars more in debt. the lowest quality of job we have ever seen. bring the economy back. we are better off than we were. if we are satisfied with this -- >> only because you can spend more outside of defense. we are not better off as a country. >> we need to go old cool for a second. even the founding fathers ask for a more perfect union. neil: did not dodge -- they put

on their powdered wigs and they got to business. >> 1% of the people living in poverty. neil: all right. back out to sixth avenue. while they are arguing who is responsible for this, you guys are stuck in traffic. it is crazy. this is the kind of thing that defines market in the two-party movement he has going. dissatisfaction with the status quo. they make a big deal about it. >> these are crazy times. i have high hope or the future despite what the parties are doing. neil: really? everyone is abandoning you guys.

>> 38 million voting age adults that consider themselves members. the largest voting bloc in the united states of america. neil: what happened? >> all kinds of bad rest. the mainstream media has spent six years attacking us. the senate hasn't been taken. the largest majority in the state house literally since the 1930s. the lowest since the civil war. people are rising from the bottom up. we will, wave after wave. we will take our government back. >> i have always loved your passion. having said that, we're seeing congress very close to a group deal. i know i keep the lights on. in so doing, it i passes and

avoids and dismissive and hides from all of the positions that get more costly. as the days, weeks and months and two years. what do you think? >> i think it does. let's be blunt about this. it is a moral. they brought up the founding fathers point blank. imposing debt on future generations. hoping to be removed from office. anybody who votes for this has a target on them. a political target. we will do everything we can. you will see a politico revolution. neil: getting real worked up about numbers. remember, i am a nerd. i am all about math, money and an money out. we, essentially signed onto a deal that confirms why people are such a gloomy movie because they are stuck in traffic.

they do not even know what is bothering them. when push comes to shove, they realize. it just has not dawned on them. it while them see the light. meanwhile, we have jeb bush wanting to rein in on social security. following the likes of chris christie. i know a lot of people protest the fact that it is entitlement. it is a government benefit. money will eventually run out. offering plans. i am not saying that they are great plans. they are brutally punished at the pool. i am telling you, you see that there is all a lack to pay for coming up with a plan, wow. would you? how voters we acted to this. tough medicine is a tough sell. >> it sure is.

i have to tell you for all the people stuck out on sixth avenue, this is something they should be thinking about. what are you going to do to rein in the entitlement that i really going to cripple this country and the calming years. we are looking at an explosion. medicare, social security and the republicans and democrats do not seem to be responsible. coming forth with a really straightforward plan. how do we follow this? you know what, the way that we're going right now, we need to incentivize the seniors that want to work. raise the eligibility wage. raise that up to 69. >> either way, hardly this message, all about raising it. to light the year 4000. to make a point, everyone is

thinking he is taking a run-up from everybody. making it so financially stable. greeted by an active part ryan. it is just the growth in that area. >> what you call yourself a geek or a nerd, i definitely call myself a budget geek. what we're talking about here is miniscule. it will save billions over the long haul. i have not heard what you have to say about all of this. i think it is a fraud. saying we will shore up social security. spending reductions among the lines of $14 million or so for a hundred $41 billion program. neil: i was well educated on cartoons as a kid.

they keep saying that. gladly sign onto a budget deal for some fiscal resolve tomorrow and they never do. the right has done this, the left has done this, they make these big promises. something that is costing us all. left, right, tall, short, liberal, it does not matter. everyone is being stuck with this bill. >> that is absolutely right, neil. when you look at people supporting trump or carson, they are looking at everyone alike and say you guys keep making all these promises. if i get to washington, this is what i do. neil: i have said this before. if i ever ran for congress, that would be funny, i would promise nothing.

i would not give you a road, i would not give you a bridge to nowhere. i would not give you a post office with my name or anyone on it. i am telling you, 434 members of the house did that and we had a president, we would not have a problem. we would not have a problem at all. a congressional run, my man. neil: thank you very much. i appreciate that. i do not know what new yorkers are telling me. a backup on the west side highway. do not believe it, america. gloomy move. all right. we have this leadership vote soon. it will benefit paul ryan meeting with the republican congress. performing in tomorrow's household.

becoming the successor to john boehner. congressman, the argument is that your caucus ultimately, i don't know how you feel, sir, with paul ryan a promise and a hunch and a hope and a handshake. nothing more. >> i do not think paul has the about the credibility without doing what he said he would do consistently over time. you look at that reservoir of goodwill. i think that it is more of a hunch. more than a whole. there is a group that large. moving it across the process as a whole. i think that that is also pretty

important. world changes in regard to the way people get on the committee. i think that that is very important. neil: they want to be heard. they do not want to be ignored. >> correct. fairness to dan webster, he started the ball rolling. talking about it within the caucus. what has happened here is paul ryan said okay i agree with some of those eggs. i will push to make it happen. a great degree. >> do you think he will do a better job than john boehner? >> i believe so. one has been a committee chair.

he has seen firsthand how important it is to make their way through the process. you do not know a thing about it. neil: congressman, thank you for taking the time. donald trump, everything he does. nonstop. you would think they would be able to leverage donald trump. they cannot. ♪

i just had a horrible nightmare. my company's entire network went down, and i was home in bed, unaware. but that would never happen. comcast business monitors my company's network 24 hours a day and calls and e-mails me if something, like this scary storm, takes it offline. so i can rest easy. what. you don't have a desk bed? don't be left in the dark. get proactive alerts 24/7. comcast business. built for business. neil: i am looking at twitter and all the problems it is having.

although worries about where this company is going. donald trump. he has made it famous. everything he does is on twitter. you would think that alone could get twitter moving. there has to be a way to leverage just that. it is not helping. what is the deal there? >> the head of puerto rico. going to the german america -- neil: this is all very true. the german america chamber. >> they are all probably on muni bonds. >> here is twitter's problem. they have been saying this for a

long time. they do not have a lot of really good people -- the last time i remember something like that happened was citicorp. jamie dimon left citicorp back in 99. he was on the outs. he got to bank one a couple years later. he took all these executives from citigroup. eventually they populated the sleep of jpmorgan. did not go out of business even though citigroup did in 2008. >> how come they are not signing up more people. it is really a marketing thing. 320 million. here is the thing. town square.

abusive snarky people who -- it is more like a drunken bar. >> you are right about that. >> ad growth in their conference calls. >> i get abused and i abuse back. i never throw the first trump. when facebook was facing exponential questions about company, about the model before they brought in cheryl sandberg, she started doing things with the existing infrastructure that made money. the mobile apps. neil: i am just saying, are we being too harsh here? >> bring in some leadership to do that. i think that this is probably what will happen. >> this is what i would add.

why did you give your twitter traffic to google? why did you do that? >> if you google neil cavuto, what you last week about. going to twitter. >> that is putting in gasparino. a seasoned executive. >> yes. they brought in schmidt. i think you need to bring in a new measure. you think you have to give them reasons to be there. wackier names to and even wackier name. >> you are switching gears. neil: i would multitask.

liz: who do they sell to? google? charlie: or facebook. liz: they better get going. neil: i will tell you what is going on in china. >> china. [laughter] neil: thank you. we will have more after this. [laughter] ♪ ♪ ♪ (charge music) you wouldn't hire an organist without hearing them first. charge! so why would you invest without checking brokercheck? check your broker with brokercheck.

. .

. .

neil: all right. i want to show you this is the avenue of americas. this is sixth avenue right outside of our studios. you know what is going on out there? rain. you know what is going on? traffic. people say it has nothing to do with any of the things you're talking about, neil, instability in washington, all of that. one buy johnny writes, hey, jerk man, traffic is backed up on the westside highway. has nothing to do with sixth avenue, so you think. bobby writes, you have to be the dumbest person on air today. that says a lot. traffic has nothing to do with the budget impasse.

how do you know, bobby? [laughter] making metaphors. but i think this is a perfect one for what is going on in washington today and our failure, our failure to address and look forward to a sunny day for america. that's why the clouds are cast over our budgetary system. look at this. raining in washington as well. we just didn't throw a cup of water on a camera. no, no. we wanted to get that point across. who better to talk about what is raining on america, john layfield, not even in america. he is in bermuda. look at that. way to go, patriot. so, talk to you about so much, my friend. first, two-year, kick the can down the road, not addressing our budgetary ills. we're still raining down on all of this money. and no sunny skies ahead because we refused, we refuse to provide so much of as a bit of light, a

bit of light for taxpayers. what do you think? >> i think you're exactly right. we kicked the can -- neil: literally just made that up just now. no, go ahead. >> we kick the can because the election cycle -- nobody wants to cut any type of entitlement program, even though that is best for long-term solvency of our country and entitlement programs. nobody wants to balance budget, if you do there will be a lot of pain. when you're taking 30 to 40% of debt to balance budget, take that out economy will hurt. you don't have a politician willing to do that. they have to get reelected. our election cycle caused a lot of this and just flat bad politicians. neil: worries me, john, maybe show my age, you're a young guy, when i hear to politicians, good guy, 38 years old, young, pennsylvania, i don't worry about the debt, neil. i worry about far more pressing things. government issues he wants to see are strangled by the debt.

a quarter of our proceeds going to pay for it like interest payments, that could be used for variety of other means, don't worry about it. emboldened by whole party and establishment said, deficits are coming down as deficits of gdp. they're fine. i don't get it. >> no, and i don't either and they had the perfect possibility with erskine bowles and put it off on somebody else. we didn't want to do this. this is what erskine bowles did. neil: top democrat, top republican, here are easy, quick fixes. that could at least get the direction right. >> and neither party was willing to do it. look paul ryan, who is numbers guy, even his budget is 4 to $6 trillion, runs in the red over next 10 years. president obama's $8 trillion. no one is talking about balancing the budget anywhere in the future. not talking about next year but 10 years. i believe it is all because they understand, if they balance

budget it will cause some short-term pain. that is what cameron went through in the u.k. coming out of now by the way but a lot of guys don't have a five-year window to come out of it. they think they will not get reelected. they choose not to do it. choose to make their fights over something else. neil: tend to reward those who at least cushion the blow. paul ryan, give him his due, he simply wanted to slow growth of medicare, pictured in ads throwing granny off of a cliff. he is set to become next speaker of the house. is there any hope he might just be the link to getting at least this addressed? >> i think so, yes. we're really close to a budget balanced amendment back in the mid 90s. there is a chance we can do that again. put it out five to 10 years. migrate into it slowly where it doesn't hurt economy, where you don't fall off the cliff but if anybody can actually do it, paul ryan is the one guy talking about the balancing the budget. all these other budgets and candidates have not done think,

thank you, my friend, very, very much. it is raining in washington. it is raining in new york. clouds are everywhere as washington tries to select a leader and convince us all that is not really traffic you're standing in. that is just the world slowing down. oh, really? it's more than the cloud. it's security - and flexibility. it's where great ideas and vital data are stored. with centurylink you get advanced technology solutions from a trusted it partner. including cloud and hosting services - all backed by an industry leading broadband network and people committed to helping you grow your business. you get a company that's more than just the sum of it's parts. centurylink. your link to what's next.

neil: i don't know what it is but apparently some of you think i'm crazy. ron writes, what is it with you, cavuto? linking rain and traffic in

new york and washington to a budget deal that's being voted on? you're out of your mind, man, get with it. peter who writes, and you're moderating the next presidential debate? i'm watching. it worked like a charm. mike emanuel on leadership vote underway right now. michael, how does it stand? reporter: neil, the magic number for paul ryan is 125 house republicans. should get that easily. all indications a lot of his colleagues respect and admire paul ryan. numbers knowledge in terms of his ability to understand the basic financial principles here on capitol hill and his ability to explain them to the average public. we know behind closed doors he is having his nomination brought up by south carolina republican congressman trey gowdy. it is being seconded by south dakota congresswoman christine nome. in texas, congressman jeb hensarling. they will also be seconding the nomination.

so he should have plenty of votes in the republican conference. daniel webster is the other candidate on the ballot, the florida republican. he is providing an alternative. bottom line, looks like most republicans are circling wagons behind paul ryan. he is effective communicator, committed to changes rules in house of representatives. best bet in taking fight to democrats on upcoming issues down the road, neil. neil: looks like he would have 218 votes and then some, right. reporter: no question. instantly when paul ryan come in, republican congressman jason chaffetz dropped out. he is seen as mild alternative that may get disease or so votes. bottom line after vice-presidential nominee for republican party in 2012, a lot of folks are impresses paul ryan stepped up to take the most difficult job at very difficult time. he should sail through the nomination today and house floor vote tomorrow morning.

neil: thank you, mike, very, very much. metaphor analogy between the rain we're seeing on sixth avenue in new york and washington, a sad reflection what is going on in washington as we sell our fiscal soul again. not mike emanuel, but mikey, he says, is this your peter finch, moment? you're mad as hell and not taking it anymore? she writes, respected journalist or crazy gene or are you off your meds? no, i doubled up on them. [laughing] a lot of you concerned whether they bring this up at fbn debate. you will have to tune in to find out. jack sy kucinich is here whether paul ryan can stop the spending fix. jackie, after they vote or apparently approve all this, get two-year budget thing ordered out and paul ryan thing. we're expecting sun, sunny skies tomorrow just the gloom and doom today is selling our soul in the interim. what do you think?

>> just clear sailing from here on out. paul ryan will have easiest speakership ever. no, i think he is trying to, this budget resolution is expected to pass but he is talked about overand over again wanting to start with a clean slate because frankly the republican caucus hasn't shown they can really come to an agreement on spending. we've been in sort of this cycle that is really rough on the economy since 2011. so paul ryan is hoping to break that and one of the things he has going for him that other speakers in the past haven't, he was a chairman of the budget committee. he is known as the republican numbers guy. he has been for a long time. so that is definitely in his favor. he speak this is language, which is -- neil: how is he speaking it? is he saying i won't get tough on any of this stuff now but get tough next two years? i mean, i don't know. >> what is benefit getting into the same fight john boehner has gotten into for the last several years and has had --

neil: don't worry about anyone getting in a fight. they are not -- >> what i'm saying is, in terms of getting into the same pattern, that brought down john boehner, what is the benefit for paul ryan in that? neil: absolutely right, jackie. all right. we shall see. jackie kucinich, i appreciate it very much. >> thanks, neil. neil: completes the hat trick, my friends. ominous signs, rain in new york, rain in washington. there is a blimp, there's a blimp, don't look at my waistline, a blimp on the loose in maryland. it was unmoored and now flying over aberdeen proving ground, free of cable once connected to the ground. norad has confirmed. you have a blimp on the loose. spending running amok. cloudy skies in new york. traffic backed up out here. need i say more? did i warn you?nv did i warn you? okay. active management can tap global insights.

active management can seek to outperform. that's the power of active management. for my frequent heartburnmorning because you can't beat zero heartburn! ahhh the sweet taste of victory! prilosec otc. one pill each morning. 24 hours. zero heartburn.

>> okay we're back. i'm connell mcshane with your fox business brief. price of oil has been going up. actually trading higher before the report. big gain for oil up 6%. it has been down three days in a row. you know, coming in today, it is bouncing back. one energy stock to highlight would be ox dental. it reported before the bell occidental. up 6% in today's trading. other thing we're watch something twitter, getting

hammered today, concerns about revenue and twitter share price down by 3% and rough forecast from the company last night. all this leading up to the top of the hour. we'll get the fed decision or lack thereof. we continue to monitor sixth avenue here in new york city on "coast to coast" with our sources in washington saying budget deal is responsible for the traffic jam or neil's imagination. more "coast to coast" in a moment.

♪ i found a better deal on prescriptions. we found lower co-pays... ...and a free wellness visit. new plan...same doctor. i'm happy. it's medicare open enrollment. have you compared plans yet? it's easy at medicare.gov. or you can call 1-800-medicare. medicare open enrollment. you'll never know unless you go. i did it. you can too. ♪

neil: still getting email, from i don't know, amateurs who can't see a great philosophical storm before us. rain in washington and we're set to vote on accord and new speaker. just sort of kicking the can down the road. if you're okay with it, america, i guess i am too. wall street community is. stocks are up. we told you completing hat trick in all of this, this blimp unmoored. can you unmoore a blimp, charles payne? >> absolutely. neil: it is untethered and over skies of pennsylvania. it might be unmanned with nobody in it but they did send out this reminder, if you see it on the ground, call 911. [laughing] well, that is good to know. be too late for the economy when that happens, won't it,

wall street? charles payne here on, well different impressions i guess. >> got to be connection, right, blimp, federal reserve? neil: i connected the dots. up to you. so -- >> prick this thing. neil: why is wall street up so much here ignoring these clear signs of punting on fiscal matters? >> i guess what is really interesting for the year i think we're unchanged or slightly up 1%. it has been roller coaster year but very tight range. yet wall street likes it when washington, d.c. does this punting kind of stuff. neil: they don't like, you, we've been forgetting many, many years. they don't like uncertainty. at least take out the -- >> two years. neil: uncertainty happens in two years leading up to it. >> do you think the guys at goldman sachs care about the next two hours? neil: no, that is very good point. they don't care about next two hours. >> two different dynamics. neil: let me check if they advertise with us. not right now. it is true, right?

>> it is really true. the american public cares obviously and they should care. neil: companies are -- what is juicing them, with all the washington shenanigans and gamesmanship, these companies have to put pedal to the metal are doing so. >> name came across ticker, cb -- the real estate company here in new york? neil: yeah, yeah. >> $35 a share. it was two bucks in 2009. neil: is that right? >> what it reminds me of, i've been out with ceos of fortune 500 companies they never talk about the stock. they never care about the stock. they are always talking about five years from now, 10 years from now. i've asked them all, are you worried, your stock got hit? not at all. didn't even look at it. i'm worried about the next five years, next 10 years. i wish wall street was like that. neil: i have no idea what the stock does. >> i wish wall street didn't promote the thing. becomes like draftkings or fanduel. don't even listen to other

networks talk about the stock market. my god they love it tuesday and hate it wednesday! can see why the average person is pulling his hair out. neil: your basic argument, financial recessions depressions financial chicanery, business of capitalism still gets conducted and best ones at it get rewarded? >> companies doing it poorly paying a heavy price. ask walmart shareholders anyone else. companies executing are doing develop well. that is why it should be. neil: you might get the reference if you're of certain age. go to your windows, open them up. we'll have more after this. need? uh... no, i have td ameritrade's investing tools and education, so i'm confident that i'm making smart financial decisions. but thanks! okay... trisha, you need any luck? i do not. eric? i'm all set. nice word play by the way. "my name's luck."

thanks, sully. i got it. you don't even work on this floor! you don't work on this floor! td ameritrade. you got this. approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five,

but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free decision guide. it's full of information on medicare and the range of aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or hospital that accepts medicare patients, and there are no network restrictions.

unitedhealthcare insurance company has over thirty years experience and the commitment to roll along with you, keeping you on course. so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ neil: welcome back.

opened windows. closed them. wet and nasty. everything is okay. we have another little drama developing eight minutes away from finding out federal reserve is going to hike rates. highly unlikely, scott martin says. hike can't happen. kim says i need it to happen, sooner better. you say sooner better. start today. why? >> absolutely. trying to think after good halloween analogy, neil. neil: no, i come up with the analogies around here with the rain but go made. you can try. >> fine. we'll stick to the facts. loose monetary policy, accommodative monetary policy doing one thing, fundamentally making federal deficit doesn't cost very much. congress and president can be super irresponsible. that will not last. better to face reality sooner than later. neil: that is excellent point. you can argue this has been making it easy to pile up the debt. scott, your argument, should not

be reason or rationale to hike rates, right you? don't see the need now, right? >> tim mentioned reality. the reality economy is still struggling. fed is targeting mystery inflation number. they say 2%. is it really that? numbers in the past for fed inflation targets have been much higher. there is just not a need right now. look around the globe. there is a lot of global credit stresses. currencies across the seas are plummeting. as you rates here in the united states, our currency goes up. that puts pressure on our earnings. i will give you analogy. you have a better chance of new york mets sweep the world series than you have the rates hiking. by the way the mets can't sweep world series because they lost. neil: like baseball analogy. i know where we're going here. >> very good. neil: here is what i worry about, that the fed put itself in a box and might hike regardless. i know you want them to do so but i always think you draw a

line in the sand, not act on it, not everyone does, we've seen cases of that. once you put it out there, does the fed feel the need to do it now, not in december just because they did that. tim? >> they have create ad bit of a mystery right? they said earlier in march, they may raise rates. keep putting it off. always an excuse. true the world economy is struggling. china. don't know how weak the economy is. our own growth rate is half what it could be and should be because of bad regulatory policy. that reminds me a lot of late '70s when you had stagflation. i think inflation is coming from super low energy prices, dollar or gas is about a dollar cheaper. looks like inflation is not that bad. but it is coming. let's get ahead of that. neil: all you need is a little bit -- scott, carl icahn raised it here, slight up tick whether

justified or not will do a whammy on debt markets, particularly junk market and high yield will be very low yielding? you know what i mean? that will be disaster. what do you say? >> it might, neil, more indication we're in higher interest rate environment going forward. but, gosh, i disagree completely with tim. this has no resemblance to the 70's. talking about interest rates in the teens back then. low -- neil: don't need to get back there. you just need a slight uptick and you're in trouble. >> absolutely. >> yeah, but you were fighting inflation concerns in the '70s. i love putting words in people's mouth. i would not say this is anywhere near that catastrophic environment. i think rates stay low for a long time because they can. neil: all right. we'll find out, in what, about four minutes. >> probably will be right. neil: you talk about the apocalypse, folks? saturday we change our clocks back. i have no idea what that means.

saturday we change the clocks back. more after this.

usaa makes me feel like i'm a car buying expert in no time at all. there was no stress. it was in and out. if i buy a car through usaa, i know i'm getting a fair price. we realized, okay, this not only could be convenient, we could save a lot of money. i was like, wow, if i could save this much,

then i could actually maybe upgrade a little bit. and it was just easy. usaa, they just really make sure that you're well taken care of. usaa car buying service. powered by truecar. online and on the usaa app.

is. neil: apparently not all of you think i'm crazy or peter finch "network" moment. bob writes me, noticing one of the shots before of sixth avenue, rising from behind, neil, i saw smoke. does that mean he is elected pope or speaker or something? yes, that happened just now. look very fat, but that could be just me. we are following complex developments. this blimp, to keep the analogy going unmoored flying around the sky, they hope to get it back tethered after untethered, it cost $1.4 billion, 1.$4 billion for one blimp. if that isn't a metaphor, america, i don't know what is. trish regan, what have you got? trish: neil, i have the fed coming up. we're seconds away to find out whether the fed move odd interest rates.

welcome to "the intelligence report." peter barnes will report on that. we're near the highs of the session. also breaking this hour, house republicans are set to choose nair nominee for the next speaker. first i want to go over to our very own peter barnes who has all the details out of the fed. peter? reporter: no change in interest rates, trish, no change in interest rates as expected. the fed noting that job growth has slowed and inflation remains below its 2% target. to the economic analysis now. says economic activity has been expanding at moderate pace but the pace of job gains has slowed and unemployment rate held steady since its september meeting. inflation continues to run below it is 2% objective because of lower energy prices and lower import prices but survey-based measure of longer term inflation expectations remain stable. it continues to monitor global economic and financial developments. it reaffirms its view that zero