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tv   After the Bell  FOX Business  March 9, 2017 4:00pm-5:01pm EST

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building the infrastructure program out. so, i think that is a better, likelihood of happening over the course of 2017. [closing bell rings] liz: we'll put all of jeffrey's recommendations up on facebook.com/lizclaman. the dow is up 2 measly points. thanks to jeffrey sherman. there is the closing bell. david and medical list with "after the bell." david: thankou. melissa: all right. so it is eight years of a bull market and the dow is trying to join in the fun, ending the day in the green with falling oil prices earlier this afternoon. i'm melissa francis. david: i'm david asman. we're glad you could june join us today. this is "after the bell." we have you covered for the big mark competent movers. but another busy day. the gop scoring two major victories in the battle to repeal and replace obamacare but republicans are still facing major opposition from beltway lobbyists, almost all the democrats and even members of their own party. coming up a conservative critic,
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former senator and heritage foundation president jim demint, who sat down with president trump. he says the party isn't on the same page even after meeting with the president himself. plus, julian assange is blasting the cia for losing complete control of its cyber weapon technology. wikileaks founder is now directly responding to fox business what he had to say to us, later this hour. melissa: back to the markets right now. the dow pushing for gains in the final moments of trading. phil flynn, price futures group, and a fox business contributor is watching the action in oil and gold from the cme. lori rothman is on the floor of the new york stock exchange. lori, let's kick it off with you. >> hi, there, melissa. the dow managed to snap a three-day losing streak but not by much, just gaining three points here. the s&p up two points. but, hey, it is a very important anniversary today. eight years since the financial crisis lows, march theth, 2009.
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the dow jones industrials closed above 6500. since then the blue chip index more than tripled. the besters since the fateful date. ulta beauty, the stock is up more than 6,000%. united rentals on the list. regeneron pharmaceuticals. these are smaller mid-cap names. alaska air, certainly one you heard of along with the biggie netflix, which has gained 2500%. that is some performance in eight years, huh? snap has been about five days since the ipo. shares are down about 7% here, introducing messenger data, competing with facebook messaging app. snap is having trouble with that, their overall performance. we had another ipo today. j.jill pricing at 13 bucks. closing below that level. not a great sign. taylor brands, owner of mens warehouse. back over to you. david: lori, thank you very much.
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phil, oil's drop is clearly one thing spooking the market today. we know oil's down because inventories are piling up. why are they piling up? >> that was the big question. nobody sealed to know. i mean i was on the phone all day. i talked to the strategic petroleum reserve. i talked to guys down in the gulf of mexico. there were three theories, some of it is, maybe some of the strategic president troll yum reserve has been sold, over 60 million barrels, may be finding its way in the market not getting reported. number two, a lot of these guys held oil in leases. they're not renewing the leases. they're selling it back into the market. the other thing is these are some stray tankers from opec, pre-opec production cuts that are getting off-loaded. the concern if we get below $50. watch out. shale producers will pull back. that is a fear. better come back soon. david: very interesting stuff, phil. i hadn't heard those theories. thank you very much. melissa: the bull market is waiting on the same thing we all
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are, taxuts! but our nation's leaders can't seem to agree on a timeline. >> there are some constraint here. i don't want to get too much down into the legislative weeds but we have two reconciliations to do. we have to get the one we'll use for health care out of the way before we go to the second one. i share your view that i think finishing on tax reform will take longer. but we do have finish the headlight care debate, up or down, win or lose before we go to taxes. >> for him this is deeply personal and i think that you're going to see secretary mnuchin and others work on the contours of that in the next several weeks. we intend to maintain to the asked all that he laid out. melissa: yeah, they better. they better. that is all i have to say. joining me is scott martin of kings view asset management and fox news contributor. cheddar ceo, john steinberg. john, businesses need those tax cuts. now that is lagging behind. i don't like the sound of that. what do you think? >> i think we're okay.
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the market closed flat today. i think the position that people have is if we have deregulation, or a lack of new regulation, that's enough. people want those tax cuts but the fact mcconnell said that today and market didn't trade down makes me think we have more upside when we see positive signals around the tax cuts coming. melissa: scott, what do you think about that? john made me feel a little better. at the end of the what he was talking about i remembered my tax cut isn't there yet. >> that's what consumers are thinking about, melissa. that is where some benefit is coming to, right? that is helping a lot of consumer-related stocks. you hear mitch mcconnell say this, steve mnuchin said next week and backed up what mr. mcconnell said that would be a major hit to the market. the market in general wants to see promises fulfilled. if they go back on any of these, even health care, that is a bad sign. melissa: john, real quick, you want a quick rebuttal to that? >> i'm right. the tape doesn't lie.
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the tape, the tape -- >> it has been two hours. >> senator mcconnell said we're fine. met with community bankers, talked about regulation there. the market is happy. melissa: i remember that next time room quick, i'm right. david: that is best i ever heard. i'm right. president trump and gop house members pushing the obamacare replacement plan and trying to get conservatives on board as many groups still strongly oppose the bill. peter barnes is in d.c. with the very latest. peter? reporter: house speak are paul ryan coming out to continue to sell the legislation to members of his own party. he came out today and held about an hour-long press conference. he called it a town hall, to explain the repeal and replace process step by step, which started with two all-nighters by two key committees which finished up their work today. ryan trying to clear up confusion about the process and rebut criticism of the legislation by members of his own party on the, in the freedom
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caucus and other hard conservatives. he talked about a three-pronged approach to this. first a so-called budget reconciliation bill that can not be filibustered in the senate. administrative actions by the new hhs secretary tom price, finally another big bill with other changes like allowing sales of health insurance across state lines. ryan urged fellow republicans to stay the course. >> this is the closest we will ever get to repealing and replacing obamacare. the time is here, the time is now. this is the moment and this is the closest this will ever happen. reporter: now to try and rustle up votes for the legislation the white house is hosting house members tonight and next week at the white house bowling alley for pizza and bowling. bowling for votes, including members of the house freedom caucus. david? david: i don't mean to correct you, but they have two bowling
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alice at white house. >> they have two? yeah, you're right. david: one in the basement and one on the ground floor. thank you very much. joining me to react, not to bowling alleys, senator jim demint. great to see you. i listened to the whole power point presentation by paul ryan today. i was impressed. he knows the stuff. he has been working seven years. did he address your concerns? >> we all agree obamacare is a disaster. it is getting worse every day. i certainly agree paul ryan knows his stuff. i also know the house and the senate a i know the ll as structured will not pass, and we need to get this done. we need to repeal obamacare. yesterday the president gave a lot of assurance that he wanted to work with those of us who have concerns. our biggest concern is this does not push down prices. it doesn't create the right incentives for the market to work and give patients more control of their health care and health insurance.
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david: hold on one second, senator, because it does increase the health savings account. it increases your ability to put more money in flexible spending accounts. it does give individuals more control over the money they use for health care? >> i take you to task on that one, and i talked to the president about this yesterday. they expand the amount that you can put into the health savings account. david: correct. >> but they don't let you buy health insurance plan with it. and they don't let you put your refundable tax credit in your health savings account that would encourage you to shop for lower priced plans, he lower -- david: listen, senator, they don't do everything perhaps they should be doing if you're a free marketeer but this is where the president comes in because you did moot with the president. he will meet with other conservatives as well who have objections to the plan. do you think, with the power that he has, not only of the presidency but of donald trump's ability to negotiate a deal, that he can work out a deal between you folks and
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establishment republicans who come up with this plan? >> there is plenty of room to work this out. all of us want to get to yes but my approach to this, hey, they passed a repeal of obamacare in 2015. they need to send that bill through so that the debate immediately changes from whether or not we're going to repeal it, to how we'll improve our health care system. instead of tying it all up in knots as we have right now. david: hold on a second. according to paul ryan, what he says, if you did that, you wouldn't get it through the senate or the house because you don't have enough votes. you would have to get democrats over, because that would be more than just reconciliation. is he wrong? >> well the '15 bill is just reconciliation. it repeals obamacare. that paves the way to get democrats to help on refundable tax credits, on the medicaid reforms, on other things we need to do. but what they're trying to do now in the house will not pass. if it happens to pass the house,
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it will not pass the senate. so we all -- david: senator, again i'm sorry, but we've almost run out of time. i got to hit tax cut because the longer you play around with the details on dealing with obamacare, trying to replace and repeal it, the longer we have to wait for tax cuts. a lot of us can't wait. >> exactly right. theyhould have done the repeal bill four weeks ago, when the president was inaugurated and we would already be well into dealing with tax reform which we have to do to get the economy going. we're working on that too with the members of the house and senate and administration but we need to get repeal done. they need a few victories in the house. frankly the congress has been very slow to move. they need to catch up with the president. david: can it all be done by august, by the august recess, both the obamacare fixes and a tax cut? >> it can if we don't play glimpse. i think right now the house republicans are trying to jam a bill through that they know is
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not going to pass. and they think they can use pressure to cajole some of the conservatives. i worked with them enough to know that unless this bill is improved, it will not pass. we've got some improvement ideas that can help push the prices down but if a year from now the premiums are not 30% lower than they are right now, then it will be a failure. we can not afford that. david: hopefully the dealer-in-chief can work something out. jim demint. thank you very much. appreciate it. >> thank you. david: melissa. melissa: ceo bob iger is under pressure to step down from his position on president trump's advisory council. iger is firm, having a chance to express the opinion directly to the president is the best way to serve his shareholders. scott and john are back with us. scott, he got questioned twice during his conference call. he said i made a decision. i thought in the best interests of our company and our industry to have an opportunity to
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express specific points of view directly to the president of the united states. doesn't that make sense? >> it does to me. i mean, melissa, this is an administration that has been exceptional in their outreach so far. i don't know why as shareholder of disney, automakers, tech firms, why you don't want them close to d.c., especially to a president like this who proclaimed his appreciation for business. eventually bob iger knows he ha. that is being in touch with what is going on in d.c. melissa: john, the president has been critical of abc and, they also, he, sorry bob iger faced questions on the call about espn and whether or not trump had been critical of espn as well or all of their stations as being biased. bob iger says he wants to be in the room where it happens, quote being the song from "hamilton," whether he likes you or hates you isn't it better to be there and try to be arguing your case? >> of course.
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melissa: what does shareholders not get? >> i get asked this. what would you do if you were asked to be on a tecology startup thing with the president? of course i would go there. you go in the room and express your opinion. if he asks you something do something that is against your ethics then you fight. only, dream liberals only say he shouldn't go to the white house. that is insanity. melissa: it is amazing this, is call with shareholders. they have a financial stake. do the math. >> iger is one of the best media ceos. someone i consider an an acquaintance and a friend. good for iger to push back an not except this nonsense. melissa: we solved it. i knew it. david: something run-up in stocks since the election has best analysts admitting some of their predictions were dead wrong. >> i was cautious for a short term reason and a long-term reason. the short-term reason proved to be long.
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the long-term reason i was worried about protection it rhetoric. as it turns out the protection it rhetoric is very low and pro-growth rhetoric has been high. david: john, i still haven't heard a mea culpa from paul krugman at "the new york times," who claimed stocks would go down in value. instead they gained $3 trillion in value. this is quite an admission of he el-erian, no? >> absolutely. we began the show talking about where were the tax cuts. we didn't recognize how much regulation and threat of more regulation was holding the market back. el-erian was so far off in his predictions, removing regulation, not getting tax cuts set the market up. david: we rarely hear that. scott, i'm wondering how much further the trump rally goes if for example, you get a deal on obamacare and tax cut can by the august recess? i think we could forge ahead without a pullback, don't you? >> i do, david, and i think any
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pullback should be purchased. the market is a great future discounter. if you have things like tax reform and regulatory reform that boosts stocks. that takes prices higher. they know the future value what happens today is so much greater than where we are. david: scott, john, a comfort to have you on. you both are great. >> great to be with you guys. melissa: marathon session to repeal and replace obamacare. lawmakers working non-stop for 27 hours, debating as the republican health care proposal as the best option on the table, coming up? i will talk to congressman bill johnson in that room. he is still awake. can you believe it? david: i don't believe it. melissa: maybe he is napping. david: crackdown at the border. details on how president trump's policies are curbing illegal immigration. mike huckabee sounding off on that. melissa: it is an anniversary fothe lls. tony robbi is re to explain why the most dangerous thing you can do is not be in the market. here he comes. look.
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david: happen birthday to the bull market. today marks eight yrs for the s&five remaining in a bull market. after the trump rally is it time to cash in a little and wait for pullback? with me, tony robbins, the "unshakable" author, came number one on "new york times." this is unusual for this kind of book. you're more into self-improvement. why this book now? >> 2008 i saw people losing half their net worth, losing their homes.
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i grew up dirt poor. i coached paul tudor jones for 24 years. he hasn't lost money in 24 years, so i learned a lot of him. if i talk to 50 smart people, carl icahn, warren buffett. david: jack bogle, the cover of the book. want to talk about jack in a minute. three groups of people, 30-year-olds, 50-year-olds, and 70-year-olds, they all have different scenarios. i would think the 30-year-old's easiest to advice. put money 100% stocks, don't look at it, put it in index fund? >> i still believe in diversification. david: there are some vanguard funds that diversify. 50-year-olds, right in the middle of there, what would you advise them to do? >> here is what i believe. we wrote the book we have the birthday today, this is the second largest bull market in history. longest is nine 1/2 years. somewhere in the incomes, six, 12, 18, 36 months, nobody knows, warren buffett tells us nobody
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knows when it will adjust, that it will run out of steam, i want to show people how to protect themselves and b how to take advantage. whether you're 30 or 50, when the market crashes counter intuitive. that is your chance to leapfrog from where you are, you want to be. my partner, peter maluk from cnbc. david: we call them the evil empire. >> only man nominated number one wealth manager. david: owned by news corp. >> what he does, he in 2008 he helped people do so incredibly well. he grew his business from 500 million to two billion with no advertising. with people grabbing people. he is 23 billion. in the book we show you how to navigate the bear no matter what the age group. david: there is one latter group, i still haven't heard about -- jump ahead to the 70-year-olds. "wall street journal" piece yesterday about a guy who is 78, who is 98% invested in the stock
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market right now. a lot of people who are either close to retirement or in retirement that are so vested in the stock market that if it crashes, for even two or three years, they're in tough shape. >> i agree. ray told me, tony i don't care what your asset class you love. some people like real estate, some like stocks. you can't put it all in there, some day they drop 30 to 50%. if you're in later in life, you have to diversify to get some that out of the market. we don't know how much income he needs. we don't know what his health is like. we don't know what his goals r you can't generalize. if there was large generalization, as you're gaining with fewer years you don't have a chance to recover. this market has been going frothy a long time. it is about diversify. david: diers isfied vanguard fund. >> as long as doing indexes you're avoiding fees. that is useful thing. david: the book is "unshakable." it is number one because you've been on fbn so much.
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come back anytime. >> if you get this book i'm donating 100% of the profits. i fed 100 million people last two years. this will feed 350 million people. every penny goes to feeding america. david: where do you you put your money. >> i'm diversified. i have alternative investments. peter is my advisor. david: great to see you, tony. melissa? melissa: being showing announcerment from wikileaks founder julian assange. why the organization is offering cia hacking tools to technology companies and will also reveal what assange told our fox business team. plus the cia under fire for how the spy agency is conducting its surveillance. next lea gabrielle will break down the details and what it means for your privacy. ♪ america's beverage companies have come together to bring you more ways to help reduce calories from sugar. with more great tasting beverages with less sugar or no sugar at all, smaller portion sizes, clear calorie labels, and signs reminding everyone to think balance before choosing their beverages.
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melissa: offering the hacking tools of the cia, julian assange speaking out on the latest reveal from wikileaks and responding directly to our fox
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business's hillary vaughn. hillary, what did assange tell you? reporter: hi, melissa. well, for the first time ever wikileaks is going to coordinate with u.s. tech companies to help secure their devices. assange said he will give apple, microsoft, google and others exclusive acts is to hacking details so they can prevent their devices from being used as spyware but the big question how long till users have to wait until their devices are finally secure? i asked assange this morning. he said some fixes could be completed in two to three days but others not so sim approximately. >> or thes could take longer to fix. for some systems like android with many manufacturers, possibly like samsung tvs, it can, there is no automatic update to the systems. so people have to manually try to pull something in. that means only people who are aware of it can fix the problem. if you're not aware of it, the problem is not fixed.
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reporter: assange estimate this is leak could cause manufacturers billions of dollars in damages. he believes users will lose trust in u.s. exports that it looks like the u.s. government and inventory is in cahoots. assange stands by the leaks because he believes users have the right to know about the security of their devices. >> this is important to put pressure on these companies basically to make security something that is, that the market cares about, and they will respond. they are to a degree already responding. if they can get away with it, they will say nothing. that is what google did initially. not -- to say nothing at all perhaps we would not discuss it because on droid is more specific insecure than ios which is the software used on eiphones. reporter: assange says cia should have working with companies to work against their own cyber threats.
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melissa: hillary, thank you. david: after showing capabilities of people spying around the world in their own homes everybody is curious how vulnerable we are all are in our own homes. fox business lea gabrielle, former cia-trained intel operations officer and a fighter pilot for the u.s. navy. there hasn't been much she hasn't done. lea, did you you know when you were involved in spying, did you know about these capabilities? >> david, these capabilities continue to develop over time. now we did have capabilities allowed technical collection using things like the internet, things like cell phones and other devices we have in the intelligence community. thiss nonew fothose of us who served in the intelligence community we have this capability. what is knew that wikileaks essentially attacking the united states. when you start looking at wikileaks the way we look at isis. this is an attack on the united states when people give away information, and then it is provided to the public. david: the value that we have received from knowing about what the capabilities are of this spy agencies i think is less than
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the danger of our intel officers losing valuable tools that they have had, am i right or wrong on that? >> you have to ask yourself if you're somebody who is concerned that the cia is looking in your living room, you have to ask yourself do i warrant the intelligence community to detect and prevent attacks on american soil? if the answer to that question is yes, then you want the cia developing this type of technology and using it against foreign entities. now the question i think is, would the cia use this against me in my living room? david: right. >> can they tap into my television and cell phone? david: the answer is? >> the answer would take a such large amount of resources to do that it isn't feasible. i used to work on surveillance team where five people follow somebody on foot or vehicle and somebody would have to i pay us to follow the person two hours at time. we need to know are they likely doing something we want to see. if they are not, they will not have the resources money and people to have us on that particular person. so if you're somebody who sleeps
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for seven hours a day, and awake 17, the cia will not listen to what is happening in your living room. david: i understand but there are rogue elements in the intel operations. clearly somebody is leaking some of this stuff. they may be contractors but they're there. they are people with access to stuff. so could somebody use this for personal use? maybe spy on their significant other or what else? >> first i want to tell you julian assange made the world a lot less safer. sharing any information with companies where employees are not vetted, they're opening the door for more and more people possibly to use the type of code technology to use things for their personal use. if somebody is a stalker and want to watch someone else in their living room we have to worry about that if assange put this is out there. as far as the it will against community a few things that need to happen. one we need up to date our intelligence security apparatus. with need biometrics, that employees need a thumbprint to log on computer and track if using a data dump.
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we need to get serious about counterintelligence. assets against wikileaks. with he need to recruit people on inside. prosecute criminals that steal information to the full extent of law. chelsea manning, original wikileaker being he released potentially in may. david: after seven years. >> supposed get out i2045. the person who put wikileaks on thmap. if people think the sk is worth the pain people are more likely to break the law and use technology we have inside of our intelligence community for their own personal gain and for criminal activity. david: lea gabrielle. thank you. melissa: that was great stuff. young and in debt, but not stopping millenials from having a good time. david: the republican plan clearing two major hurdles following marathon sessions on capitol hill. next, congressman bill johnson is part of a 27 hour marathon. he joins us next where the legislation stands right now.
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melissa: another hurdle cleared. the house energy and commerce committee approving republicans obamacare replacement plan after a 27-hour marathon hearing. congressman bill johnson is at the hearing. you've been awake for 3hours, is that right? -- 36 hours. >> pretty close to it, melissa. a long go days.
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melissa: was what is it like? have you had a lot of coffee? was there a lot of screaming and yelling? a lot of people talking on the sidelines? >> not a lot of screaming and yelling. as you can imagine strong feelings on both sides. for the most part members were very engaged. you might have had a few members walk off and nod off in a side room or something. but for the most part everybody i saw was engaged in the process. melissa: did you feel there was open give-and-take of ideas and opinions and there was compromising going on? from the outside to a lot of people it seems very dug in? >> i think it could appear that way, melissa, because when you spend four hours, which is what we did initially, four hours on the title of the legislation, you know, instead of the content, we were, we spent most of yesterday talking about administrative issues like the
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title of the legislation rather than working on any real content. and so, that kind of tells you what the tactic coming from, from those that opposed what we're trying to do was based on. melissa: wear you down, so you give up. you know, one of the things, you know, a lot of people that don't like this bill in particular that like the things that are coming in the later phases or feel like they really need those are having a hard time taking a leap of faith that those other phases will really come. do you agree with that? >> well, i can understand their perception. and i can tell you that we all understand that this is a process. and this is the first step of the process. it's probably the most important part of the process, because it really cuts at the core of obamacare, the individual mandate, the employer mandate, the taxes, fines, fees, penalties. those are things that have to go first. but clearly there is a lot of work that has got to be done and president --
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melissa: what kind of guarranty can you give to those who are doubting and are worried all the same people won't be in place as you get to same two or three and we'll be stuck with just this part? >> no. everyone i talked to, including those that want to see a little more or want to see a little less, everyone is committed to coming to a, coming to the finish line and making sure that we get this part done. so, i'm confident that you're going to see us get this across the finish line. melissa: i mean, what you do you think needs to happen to the bill specifically? what change needs to happen in order for it to continue going forward? what do you think is the next thing in there? >> well, i can't say what that is. i will support the bill that we passed out of committee today. if there are negotiations that go on, i will have to take a look at that keep in mind i will have to do this all over again next week, melissa, because i also sit on the budget committee. i'm the energy and commerce representative to the budget committee. so we're going to be
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consolidating what came out of the ways and means committee, as well as what came out of energy and commerce into a total reconciliation package. we'll be doing this exercise again all over next week. melissa: my goodness. congressman johnson, get rest over the weekend. prepare for that. store up sleep. thanks for staying up to join us. we appreciate it. we're very focused. we appreciate it. >> thank you very much. david: sounded a little hoarse. melissa: i don't know, amazing. david: some shocking and very worrisome information coming out about a key unit of our military at fort campbell. how funding cut could get in the way of critical military operatns. you want to ar thicong up. the wrong insurance plan."ys, "d no, i picked the wrong insurance company. with new car replacement™, we'll replace the full value of your car plus depreciation. liberty mutual insurance. is it keeps the food out. for me before those little pieces would get in between my dentures
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david: very disturbing information about our military readiness. army legendary 101st airborne division, considered one of the premier support units is operating half strength because
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of budget cuts. he is live at the pentagon with the very latest. jennifer? reporter: david we carried out number of exclusive investigations into the past year looking at readiness issues and strain on the force. at fort campbell, kentucky, we found a problem different than the air force and marines but y'all equally worrying. here is what we found. the same 101st airborne that general eisenhower that jumped behind enemy lines on d-day, and screaming eagles that put troops in iraq one night may not be able to conduct those operations today after six years of budget cuts. >> we have two aviation brigades here, 200 aircraft. we're down to one aviation brigade and slightly over 100 aircraft. reporter: if you had to do out tomorrow to do a brigade-level assault, could you do it? >> we could not. reporter: the army cut one of
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fort campbell's two combat aviation brigades in 2015 part of sequestration. problems for the unit were come can pound when the white house imposed strict caps on troop numbs for afghanistan, forcing this forcampbell brigade to go to afghanistan without maintenance crews. 1000 highly trained helicopter mechanics lost a year of training as a result. their skills atrophied. it takes them twice as long to fix the helicopters. >> our maintainers left back here didn't have a fleet of aircraft to work on. reporter: the kicker? the u.s. military had to spend $106 million to contractors in afghanistan to do the job of these fort campbell mechanics. it is not just the shortage of experience. these world war ii era buildings at fort campbell where the maintenance is done, are crumbling and spread out over 170,000-acres and leading to more inefficiency. >> if we even look at ceiling, you see where the water damage
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is causing the wood itself to begin to dry rot out. reporter: for the last two years there is freeze on spending any money on building maintenance. david: frightening. jennifer, thank you. melissa: president trump's border crack down seems to be paying off. the details behind the staggering job in illegal immigration. next, mike huckabee, former arkansas governor and presidential candidate sounds off. dearthere's no other way to say this. it's over. i've found a permanent escape from monotony. together, we are perfectly balanced. our senses awake. our hearts racing as one. i know this is sudden, but they say...if you love something set it free. see you around, giulia
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presidential candidate and fox news contributor. what do you think about the number. zooms like such a huge decline. first off, do you think it is accurate? >> i think it is accurate. people believe donald trump will do what he said. that is what he has been doing since he took the oath of office. a lot of people seemed shocked by that but i'm not. that is one of the reasons people voted for donald trump. he would go in, he would be the kind of person if he said something he meant it and would do it. i think that is what is happening. >> maybe a rush the end of the year, to get over the border and that is why you see the decline? >> i think very likely could have been because people thought the gig is up if we don't hurry and jump the fence now, there may not be an opportunity. donald trump is serious about patrolling the border, building the wall, beefing up the support of the enforcement community. people take that seriously. you know what? they should. because this is a president who believes in actually following the law and supporting people who are charged to enforce it,
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something we haven't seen in long time. melissa: is it any way undermines the argument for the wall and more people on the border if it is taking care of itself? is that like a potential downside to better number in terms of people coming here illegally? >> no, i think the fact that you don't have people breaking into your house at night doesn't mean you leave your doors unlocked. it just means locking the doors works and putting in an alarm system and gate maybe is added protection. so that is all in the world it is. it means we'll continue to have immigration, which we want. we want people to come to america. but it will be legal and be with people who knockthe front door. rather than who break in through a window in the middle of the night. melia: meanwhile the republican replacement bill for obamacare clearing two major hurdles but it still may be dead on arrival in the senate. vice president mike pence defending the legislation to fox news's bret baier. >> how much give can you give to conservatives on this first bill, considering the constraints of actually getting it through the way you want to
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get it through? >> i think we're going to listen very intently to conservative leaders. this is the bill. but if there are ways to improve that bill and give people greater confidence we'll all arrive at the same place where obamacare is done, and we've replaced it. >> so eventually it will come down to the binary choice, and you're going to expend political capital to make sure it gets across the finish line? >> president donald trump is a man of his word. melissa: you can catch bret's full interview with the vice president tonight at 6:00 p.m. eastern on fox news. governor huckabee, what's your reaction to that? that has been the tone of the talk today, it is coming down to the binary choice, we have to do this or, it is not going to happen? we heard a lot of people say that today. do you agree with that? >> well, it may come to that, but i think right now, what vice president pence said is exactly right. they're listening to the critics. they're realizing this is not a bill that is postmarked
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mount sinai and came down on two tablets of stone delivered by a guy named moses. there is room for improvement. that is what legislation is always about. look, one of the things mike pence i think wonderfully brings to this, he has been a governor, he has been a congressman, he knows the first thing you lay on the table is nothing like what it is going to look like when it ends up getting signed. he is smart enough to understand that. that is why he is saying we're going to listen and incorporate. i think the bill needs a lot of work but i have to tell you -- melissa: like what? are you you betting man? what do you think is going to go? >> i still think that they're going to have some challenges when it comes down to the medicaid expansion. what i'm hoping will be ironclad in this is a full block grant to the states to run medicaid very differently, not just the money, give them the flexibility to add co-pays deductibles and premiums to medicaid. not expensive ones not keeping people from using it. only way you control medicaid
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utilization is have some type of participation from the recipient. there isn't any now. it is one of the reasons that the costs are killing us. that is just one kind of thing that needs to be in there. and most governors would take less money for more flexibility if they had that opportunity. melissa: you think that is going to go in -- that make as ton of sense of course. that is always the problem. people have to be spending at least in part their own money or that is how the system gets so out of wck. >> yeah. melissa: you think that is in version we're looking at now we're talking about? i mean this phase, talking about three phases, you think it has to be in this one? >> if it isn't, it won't ever get in there. then pressure comes on from advocacy groups that you will hurt poor people. medicaid is not all that bad program, that i pay absolutely nothing to get it but taxpayers pay a whole load it is unbalanced. as well as putting it in the
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hands of states each which have very different demographics, very different needs. whether rural or urban. whether they have lots of doctors and hospitals. that is the problem. the obamacare model was failure, because it was one size fits all. it is a 50-state mistake. melissa: yeah. >> let this be a 50-state solution tailored to each the states. melissa: governor, hate to cut you off. we have a little breaking news. great ideas. david. david: we do indeed. we're getting word that the attorney general of state of massachusetts is joining in the lawsuit against the new immigration lawsuit against president trump's travel ban remains discriminatory and unconstitutional attempt to make good on his campaign promise to simply mint a muslim ban. we'll be right back. stay with us. oh, did i say there's only one special edition? because, actually there's five. ooohh!! aaaahh!! uh! oo wow. nice. strength and style.
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just like the people who own them, every business is different. but every one of those businesses will need legal help as they age and grow. whether it be with customer contracts, agreements to lease a space or protecting your work. legalzoom's network of attorneys can help you, every step of the way. so you can focus on what you do and we'll handle the legal stuff that comes up along the way. legalzoom. legal help is here. melissa: food, by ski any, and broke college kids.
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millions of college students a trading college debt for fun in the sun. david: students are using their student loans to pay for their spring break vacations. melissa: "risk and reward" starts now. liz: breaking news. several people reportedly injured? germany after what police on the ground say potentially two men went on a ram phage wielding axs in the duesseldorf train station. anti-terror police descending on the area. we'll continue to bring you up to date as the facts come in. wikileaks julian assange accus

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