right. david: we had snap this week, a very big ipo. thank you, gang, appreciate it. have a wonderful week on fox. the number one business block continues with eric bolling and cashin' in. >> . >> president trump outlining his aggressive to-do list this week to the nation from a massive tax overhaul to repealing and replacing obamacare, to building a border wall and a trillion dollar infrastructure plan to name a few. now, democrats have some in his own party how he'll pay for it all. i'm eric bolling, we'll get to the cashin' in panel in a moment. but first, director mulvaney. ironically democrats are all of a sudden worried about our debt when it comes to this president's agenda. do you see a little hypocrisy there? >> i'll file it under better

late than never. i'm just as concerned about the deficit, i'm glad i'm not the only one. nice to have the democrats along for the ride and hope that keep that focus during the product process. eric: director, president trump ran on cutting useless waste and spending. give us a way to understand that. >> we are he going through that. omb, office of management and budget identified what we think to be the most wasteful programs and duplicative program, programs that are ineffective and sharing with the various agencies as we work with them to try and get the spending numbers down to where we need them to be in order to provide additional spending for defense. we go through that process this week and by the 16th of march will be able to roll out the budget. eric: you mentioned a 10% increase, shockingly senator

john mccain pushed back on that. what's going on here? >> you know, some folks think it's too much. there's senator mccain and a few others who don't think it's enough. i reefer to it as the goldilocks number, it seems to be in the middle. it's the precisely the amount of money we needed for the military sequester. what the president campaigned on and won and and giving him that. eric: i have had the director of the budgetment and-- >> as long as your heater a stays on, eric, i'll be fine. it's freezing cold here. eric: as long as i'm staying on air. as long as the stock market, labor market, housing market, in fact, a lot of that has to do with the proposed tax cuts giving businesses and americans more of their money. where do we stand on that? >> it does reflect the tax cuts

or at least the anticipation of them. we're working on that now. i have a meeting later on today here on saturday to go over further work on that, but don't discount the value of the regulatory reforms at the same time. i think there's a lot more bang for the buck even there than there is in tax reform. there's good academic literature on that thing. yes, you're seeing the markets respond positively, but i don't think it's just because of the tax cuts. it's the regulatory reform and just the basic pro-business attitude, pro-growth attitude this administration is bringing to washington d.c. i think you're seeing the markets go up for a bunch of reasons, all of them good. eric: i would agree with that as a conservative, things we're talking about for decades. let's talk about the timing on it, with obamacare repeal and replace front and center. do tax cuts be put on the back side of that or run concurrent? >> the weight of the rules on capitol hill work because of the budget rules with reconciliation that probably bore most to tears.

the way it's set up now, obamacare repeal and replace has to go first and tax reform immediately after that. eric: can't you change the rules? >> the house and senate can, but my guess is they don't have 60 votes to do that. eric: maybe if you use the nuclear option, harken back to harry reid and see how it feels when it's about the budgets, too. let's talk about 2 or 3 trillion dollars in money that corporations have overseas. mr. trump said lets rerepatriate that money with a certain percent going to a tax. where do we stand on that and how much are you guys looking at? >> i know the president has met with probably upwards of several dozen if not many, many more of the ceo's the first month in office. gary cohn has been doing the same thing as well as we try to get commitments from the companies to movie money back overseas. they've been tremendous progress. i don't want to speculate the dollar amount that comes back, we're comfortable that it's in the trillions of dollars eno

doubt about the dollar amount. what sort of fee? years ago i proposed an idea that said let corporations bring the money back free, no tax at all, but earmark a certain percentage of money towards capital investment and hiring and that in itself would be a stimulus plan. >> it would be, you're also looking at it in terms of part and parcel of maybe an infrastructure plan, that's been floated on the hill in the past. i think right now it's fair to say what we're looking for is a sweet spot, which is that tax rate that gets the most amount of money to come back, but also allows us the most money to invest in certain capital projects, including infrastructure. so that's an ongoing negotiation right now. again, when you step back and ask your question about the order of things, you go back to obamacare repeal and replace going first and then tax reform and then infrastructure. eric: and then there's this other issue here, well, is the border. the southern border that mr. trump campaigned on, building a wall. he says the wall is going to be built. there's question who is going to pay for it.

are they going to pay for it? are we? if we pay for it first and they play us back, what's the mechanism? >> i'm not familiar with the mechanism by which mexico might pay it backs to us, that's outside the office of budget. what we're working on is a way to save money elsewhere in the 2017 budget. we're in the middle of fiscal year 2017 right now so we can start the wall this year. i think you're going to see that. in fact, i know you're going to see that and set aside money in the 2018 budget to continue that construction. eric: what is the border import fee? where do we stand on that is this there have been a couple of ideas floated, one is a straight fee coming in and the other is a reciprocal fee, say mexico or brazil, whatever they charge us to tax port our kids into their country, we charge them the same back. do we have any sort of plan? what's being floated? >> what you have is a variety of plans, that doesn't bother

me because we're fairly early in the process of getting tax reform. i know the house has a plan with full border adjustment. and the white house is looking at those plans and those as well. omb is involved, i've seen a couple of proposals, i'm not at liberty what we think is plan a, plan b, plan c at this time, but i had four meetings on tax reform in addition to obamacare, and it's a busy week. suffice so taye, the administration is not waiting on any of these things, we're working on these items every single day and hope to have a specific tax proposal in next few weeks. eric: we spent about 42, $43 billion in foreign aid. is some of that aid air marked for maybe cutting back and maybe paying for some things like military spending? >> a lot of it is. in fact, that's probably the most -- the budget items you can tie most directly to what the president said when he ran for office. we are going to propose to reduce foreign aid and propose

to spend that money here. so, i think some of the proposals you will see by march 16th foreign aid-- >> any specific countries looking at cuts? >> well, a lot of our foreign aid doesn't necessarily get targeted to a specific country. so, when we talk about changing a particular aid program it may have impact in various different nations, but that overriding message, it's fairly straight forward, less money spent on folks overseas, more spent on folks back home. >> i've got to tell you, mick mulvaney, appreciate having you on. look forward to seeing you soon. >> thank you very much. eric: our cashin' in crew and one of them saying, i hate to tell you so.

>> all right, it looks like we're seeing the fallout for the fight for 15 crowd.

after more cities and states forced companies to hike their minimum wage this year, wendy's says it's installing self-service kiosks in 1,000 restaurants. now, we've been talking about this for a very long time. we knew this was going to happen. >> yeah, color me shocked, eric. of course, it's going to happen. and why would you have humans do the job when machines do it more efficiently and faster and cheaper? look, businesses are going to be looking out for the bottom line and try to keep the cost of doing business as low as possible. when cash goes in one pocket, it has to come out of another. that's the problem with the minimum wage and there's a lot of mistruths out there as well. you look at the bulk of minimum wage earners, it's entry level. a majority of young individuals, an entry level jobs. when you make the cost of doing business for those business owners there's going to be less of the entry level jobs for the young people to have. it doesn't make a lot of sense. eric: allow me to jump in, you

know what robots don't need? health care. >> that's a fact. the truth is already, even at the current very inadequate minimum wage, automation was taking over anyway. you see this already in the fight over the labor secretary, who left for other reasons, but he was making the argument, i think it was for carl's, jr., you know, automation is cheaper and didn't matter about the minimum wage. this to me is like a false defense against team who are saying in this country if you work 40 hours a week, you should be able to support your family. that to me is good economics because those people spend money and-- >> good theory. those protesters i've been stuck behind traffic jams behind the protesters. i'm not sure they're the workers looking for 15. i think they're getting 15 to protest. >> i was going to say aren't the protesters getting paid? we know the reality behind this.

the biggest concern for businesses is labor costs. they have to weigh the pros and cons whether they automate or not. if you're forcing upon them, a raise in the federal minimum wage instead of letting the states handle it where you could foster competition, it's a problem for these companies and they're going to seek out what is going to be the cheapest option and i have to say with automation, there is a reality. i mean, there was one oxford researcher who came out and said that automation could risk eliminating a percentage of jobs out there. that's significant, it's a sense of adapting to this modern economy, there are changes coming, fundamental changes to our economy and how are we as humans going to adapt to the automation and adding the pressure of the rise of the federal minimum wage becomes a lot more-- puts more pressure on the companies. eric: you're pushing businesses right to automation. it was probably going to happen joer over time.

but you're forcing it to happen. can we show a video of the google robot? they're developing it initially for military purposes, but down the road, i can see that bad boy dropping off my cheeseburger at the drive through window, can't you? >> absolutely. listen, these minimum wage jobs, by the way, were never meant to be family supporting jobs, supposed to be starter jobs, you learn a skill. this summer my daughter had her first job working at dairy queen. i can tell you right now and say this, i love her to death, she's not worth $15 an hour. she certainly wasn't last summer with her first job. i love her, but-- listen the way to grow wages is to grow the economy and not to artificially impose this, if not, they'll take at that google robot. eric: juan, you pay $15 an hour, pay payroll taxes and health care. let me see the robot again. i love that robot.

eventually that guy is going to be doing something like not only delivering cheeseburger, but keeping you in line at disney world, so many uses for that. >> don't show that to my wife, i think that guy would be a good husband (laughter) >> but i've got to say, the reality is if you're moving away, we're having a conversation, mercedes makes the point, listen, automation is coming, how we deal with it as an american society and i don't think that diminishing wages for people is the way to go about it, i think we have to-- we're going to have to deal with the competition. eric: more about competition. >> i want to make one critical point. before we go, most people who get minimum wage are not teenager, no longer the case. eric: let me bring lisa in. and i can't remember who it was, someone in silicon valley saying if you automate, take the human off the line and put a robot on the line, you should be taxed for that. >> look, i think we want businesses to be able to do business in this country and

the problem is, it's been really difficult for businesses to do business in this country. we've seen more small businesses go under than be created over the past few years, and this is a big problem for them. and the point being, is that, businesses are going to look for every opportunity to cut costs and to juan's point, if you're forcing businesses to pay people more than they're worth, i'm not going to mention rachel's daughter because she's the only one that says her daughter isn't worth $15 an hour. they don't have the skill set and education to get paid that much more money. you're going to cause businesses to shut down and less opportunity for young people to get their first job and entry into the marketplace. >> the population. eric: we've got to go, guys, we've got a big block coming up. first trump, now oprah, get this the media maven asked about running for presiden

so how old do you want to be when you retire? uhh, i was thinking around 70. alright, and before that? you mean after that? no, i'm talking before that. do you have things you want to do before you retire? oh yeah sure... ok, like what? but i thought we were supposed to be talking about investing for retirement? we're absolutely doing that. but there's no law you can't make the most of today. what do you want to do? i'd really like to run with the bulls. wow. yea. hope you're fast. i am. get a portfolio that works for you now and as your needs change. investment management services from td ameritrade. [he has a new business teaching lessons. rodney wanted to know how his business was doing... ...so he got quickbooks. it organizes all his accounts, so he can see his bottom line. ahhh...that's a profit. know where you stand instantly. visit quickbooks-dot-com.

more on mr. trump's tweets at the top of the hour with elizabeth prann. i'm leland vittert. >> have you ever thought that different the popularity that you have we haven't broken the glass ceiling yet for women that you could actually run for president and be elected. >> i thought oh, gee, i don't have the experience, i don't know enough. now i'm thinking, oh. >> all right. >> oprah winfrey suggesting she could win if she ran for president and fellow billionaire celebrity, my friend, mark cuban on record, saying he might be able to pull it off, too. the political class-- is this what we've come to, the celebrities are the new political class. >> sure, why not?

listen my husband doesn't have the billions, but he was the reality tv caucus of one until trump joined his caucus after this election. i think that, you know, television brings a lot of skills and communication is so important in politics, we see how important it is for donald trump. i think that oprah winfrey would be formidable in that department and don't forget, donald trump brings other skills along with tv skills, negotiating skills he's bringing to the table is incredible. as an outsider, we need more outsiders joining politics. eric: juan, i want to bring you in. oprah winfrey says she's just kidding for now, but look at the picture of mark cuban, he's my friend. see that jersey, he's wearing a jersey number 46, you know what that stands for? >> the next president. eric: exactly. [laughter] >> your thoughts on cuban as president. >> it would be interesting. mark cuban if we're saying someone who is in the business community, mark cuban has done

very well in business, not only a very successful nba team, but made money out of sports and did well. my point to you is, you know, just makes my heart want to cry to think that we're dumbing down and-- >> are you calling oprah winfrey dumb and my friend dumb? >> oprah winfrey said herself she knows nothing about politics or legislation. >> if you could figure out a way to put a billion dollars in your bank account, then i challenge you to call them dumb. >> oprah winfrey is on television and do you want her as president. >> i personally have my eric bolling sign for president in 2024, but look, i value the fact that president trump is coming from the outside with the business experience. the fact that he is one who has dealt with construction workers

everyday americans, someone who built a business and i think it's incredibly valuable. i encourage it. career politics, it gets old and stale and-- >> i'll be sitting right here in 2024. hang in there, guys. this is the silverado special edition. this is one gorgeous truck. oh, did i say there's only one special edition? because, actually there's five. ooohh!! aaaahh!! uh! hooooly mackerel. wow. nice. strength and style. it's truck month. get 0% financing for 60 months plus find your tag and get $5500 on select chevy silverado pick-ups when you finance with gm financial. find new roads at your local chevy dealer. hidden in every swing, every chip, and every putt, is data that can make the difference between winning and losing. the microsoft cloud helps the pga tour turn countless points of data

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>> i want to say thanks to our cashin' in crew for joining us. time to wake up, america. call me cynical, but does anybody else find it odd the timing of the russian leagues. president trump had a big and bold address to the american people and praised by pundits both sides of the aisle. my buddy said, like it or not donald trump became president tonight. it was so good, they decided to hold off on press conferences with sean spicer and hold off on a release of an executive order and immigration, combined

from republicans and democrats voting. i don't believe in polls as you never-trumpers know, so i watch the people who watched the presidential address. one group who didn't like it the despicable left. leaders pelosi and schumer called it talk and no action. that's amazing in 45 days president trump revamed u.s. immigration, hired border agents, secured border restrictions, canceled tochlt in ttp trade agreement benefits all except the u.s., warned n.a.t.o. allies to pay their fair shore and promises a budget with a massive tax overhaul and even with obstruction from congress and certain senators. respieling and replacing obamacare and building a southern border wall. chucky and nan, no, president trump isn't no talk and more action.

he's doing more in 45 days than your guy did in eight years and longer. talks the talks and walks the walk. >> i'm bob massi. for 34 years, i've been practicing law and living in las vegas, the center of the recent real-estate crisis. lives were destroyed from coast to coast as the economy tanked. now, well, it's a different story. the american dream is back. and nowhere is that more clear than the sunshine state of florida. so we headed from the strip to the beach to show you how to live the american dream. i'm gonna meet real people who are facing serious problems, take you behind the gates of properties you have to see to believe and give you the tips that everyone needs to navigate the new landscape. because information is power. and the property man has got you covered. [ woman vocalizing ]