>> the average we get a dip? >> just keep buying, keep applying till you die. >> cost of freedom continues with man david asman for business fox. . >> vice president mike pence making a weekend pitch to repeal and replace obamacare, owe a ensures drug companies applauding the man why some say patience and taxpayers should be worrying about the plan it is time to debate, hi you i am dade asman welcome to o folks are on fox with steve fox, liz bill sabrina john, bruce a full house a lot of people in congress, are saying that this is helping you insurers more than patients what do you think. >> i agree, of an though i said last week that yes, we need to get in reform done, it does seem to help companies more, listen, when have i

heard the government say yes, ensures you are allowed to hike insurance prices 30% for if you are if you go with coverage for a year? when have you seen such corporate entitlement built on tax credits like this plan i get it need obamacare repeal and replace very did i this seems a boon for the insurance companies. >> there are taxbreaks for the insurers we can put up on screen i mean it does help them out in specific areas. >> yeah, look i think we have to think about this a long a spectrum of good better and best, we may not be at best plan just yettive moving right direction i think a lot of redeems working to repair mostly damages parts using tax cuts he equalize the employer versus individual tax situation very important, if government is going to be inr evolved subsidizing i think important that not subsidizing

health insurance that health care the direction we want to move? >> bruce, the definition is helping out a small group of businesses, and everybody else pays for it is this an example of that? >> oh, certainly is the situation with sure, a lot of people paul ryan donald have brought up this whole idea that obamacare is in a death spiral because of what etna ceo said reality is his company was not able to successfully manage the cost of care. they pulled out a -- of florida, florida blue cross in it making money screened patients 800,000 customers, so this is now they are going get to sell what they want, and not covering benefits charge what they want not going to change. >> a phrase called carve-outs a lot of carve-outs a work in progress may change but does this concern you?

>> not so much any bill you are going to have interests weigh in they didn't try to weigh in the key thing you have more flexibility in the markets, you get less of the discriminating between young and old people, young people having subsidized old people goes down a bit, so it gets a c minus but a step right direction. >> john you are no fan of crony capitalism what do you think. >> i am not at the same time anything that is good for insurance companies drug makers logically is probably pretty good for consumers, i think we've got to remember only in hollywood, the companies get really rich by fleesing customers real word get rich bringing value keep in mind insurance companies are not bad drug makers aren't bad. >> by the way, looks like you are in hollywood right now, so you know, bill what do you think? is this crony capitalism or help individual patient in taxpayer? >> i think ryan care as bad as

obamacare i think we want to help patients high deductibles make them accident occuro 50% first 8,000 dollars then only then would patients be motivated to shop for championshipest mri what do you think. >> preposterous government should not be dictating things this bill moves in the direct of taking some restrap its off not get in interrupt of throwing people on the street, so about mandating this the other thing you want more individual market, and by the way, 30% premium if you -- young person drops out, goes back in, that is not good but far better, than the individual mandate that covers every won a -- to insurers get real reform. >> one thing to empower the individual increased health savings about acts i can put more money tax-free in health care. >> i hear what you are saying

the insurance companies have not behaved great here watch this raw knuckle power of the insurance industry at state level obamacare, already had in it, the ability for -- to create health contacts section 1333 i don't like to abscond like a scarecrow just got a brain it allows the states to build their own pool to cross state lines, road states trying to do it so powerful at state level stopped it so true free market i don't tell happen until you remove insurance companies ironclad grip at state level. >> i know a step maybe in a right direction at the same time,it was the insurance companies and drug companies, that were in there the beginning of obamacare got carve-outs should not be be suspicious of more carve-outs here. >> i they we to me obamacare, get in bed with devil that is what you get i think but do i

think that bill sort of was saying you are two sides of the same coin in my view i don't want government to do this but i think that what bill is pointing out we want health insurance to be for catastrophic injuries instances should not be paying for average doctor's appointment, getting a stress test people should shop around make sure -- would naturally come down you simply have more competition we see is that with things lining minute clinics thair popping up all over the place, we want insurance to really be that traditional insurance. >> go ahead. >> i think really got to empower the patient if possible to go on to computer screen shop for doctors mri positive's the way you shop for blue jeans at amazon we can't do that fix that. >> john can we fix it? >>of course, we can fix it lets get -- suspicious about insurance companies, let's be suspicious about a republican or democratic party that wants to legislate was market good

if this is getting health care or health insurance to people just free up the economy. >> come on, you are missing the point. >> anything else. >> jon you act like insurance companies, don't do any lobbying, z politicians d.c. they go hand in glove together to craft legislation, like this. and so i am saying it is not truly free market reform, when you when you have guys sitting at table, crafting legislation, behind-the-scenes that hurts everybody. >> no one is saying good or bad if we want to fix this not about letting congress do it without insurance companies get congress out of this altogether a great outcome. >> bruce i heard you -- >> go ahead. >> the people closest to this to the patient, the hospitals, the doctors, and the nurses, are all as opposed to this the insurance companies -- have pharmaceutical companies not said anything there you go. >> have there are associations bruce is right there are doctors, associations inside the beltway, that claim to

speak for all doctors but frankly, their doctors involved in this are -- are secretaries closed closely dr. rabd paul a doctor a lot of doctors working to make this happen. >> yeah -- they don't speak for everybody, and they are the ones that gave us obamacare in the first place a lot of physicians as opposed done away with individual practices so in real world in terms of tax drerdz may be after negotiations tax credits can be made like school vouches patient can go on market. >> i would like to be totally in the charge might have money. >> house bill step in right direction i hope they tweak it a little bit then on our way to free market. >> i want to check your skins when obamacare passed were you against carve-outs for insurance companies back then? because remember they got a bunch of subsidies. >> he was not wild about what happened then, they needed to get something through what you

need to do you need to amended this, and i mean the sure, won they are making billions off medicaid, medicare -- >> making a lot of money a. >> leave it that the from playoffing obamacare to cutting taxes some lawmakers demanding we figure pout how to pay for the tax cuts,ing but some here say, they pay for themselves, we debate it coming next. 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. ( ♪ )

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. -- a four week winning streak major averages higher february february jobs' report showed employers added 23 a 5,000 jobs unemployment rate down pleading guilt to cheating u.s. government, by using software to evaded rules

nearly 600,000 vehicles, more than 20 billion dollars in civil and criminal penalties, chipotle plans to closet southeast asian kitchen restaurant chipotle recovering from food scares sent sales plunging fox business network for the latest in business and financial news, fox business, giving you the power to prosper. david: the next debate in the president 's agendas paying for tax cuts many saying they don't want it to add to nearly 20 trillion dollars in debt. let's see you say what is to debate tax cuts may for themselves, make the case. >> absolutely, david when tax cuts kick in you always have higher revenue the problem is washington spends revenue and more the revenue comes in key thing david is don't worry

about washington, worry about the american people in the economy. when you get reagan type tax cuts good trump tax cuts american people better off more jobs created more opportunities are created, that is the key thing, i don't care about washington i care about american people vote for them not washington. >> i have a hit a that phrase you don't have to pay for tax cuts that is my money! >> it is your money, and i -- i totally agree, with staph that we've got to shrink the size of federal government, stop being a burden on individuals, but i think it is time for steve to give up voodoo economics says -- >> my good knows, we have proof we are going to show right here from, 83 when real estate tax cuts kicked in to 89 look at how the tax revenues money into the government from individual tax rates had been cut, it increased 55% we cut tax rates, from 70% was high down

to 28%, and we had a 355% increase in tax revenue. >> same happened john f. kennedy tax revenue soared 54% between 1964 and 69 from tax cuts, yes, you know it common sense more money in more growth tax renz raised from growth we are coming out of this 8-year period you didn't build that kind of administration teacher faculty, the economy is out of that teacher taught lounge people talk otherwise should get jobs as opinionated bartender. >> does it matter if tax cuts are paid for? >> yeah i reject very nature of the question. simply truth is not the government's money, it is the question. >> is that is right. >> are americans overtaxed? without question would federal government politicians get by with less money? without question should also a be about reducing the burden

of washington, on the american taxpayer. >> what do you think. >> yeah, complete agreement with john here the economy has been chugging along 8 years in need of a massive energy drink in form of lower regulations lower taxes, it seems like a complete no-brainer i get that tax break not putting it under my pillow it is going right back into the economy, to help grow your companies grow jobs, and make things better for americans, this is sort of a seems ridiculous that we are talking about it as a budget issue. david: but we are steve, the point is that you would think republicans who speak wonderfully about ronald reagan would take a lesson from ronald reagan, during his era, we cut tax rates tremendously, from 70 top rate to 28%, and taxi reverend increased 55% what is what is difficult to understand about that? >> part of it is the way the score tax cuts in washington david assume you don't get very much a good feedback so

10 year revenue estimates not worth paper written on that is number one, number two is, revenues do come in when you have a vibrant economy people aerospace more pay more give more away to charities. very basic, the republicans also don't seem to understand some of the when you make investment you don't get a return right away want you to build a billed take several years before you get it complete, hello people! david: this is not voodoo economics. >> statistics is to back it up. >> burst of revenue from two things one pentup capital gains the other pentup economy as you previoused by volckerism. >> -- people say that tax cuts don't create growth, i mean they are the same crowd who said object carrier would lower costs for us all, again, pin opinionated bar tenders i think. >> bruce is there any of this getting through to you? >> well, i think, that, you know, nobody wants to pay

higher taxes for certainly if you look at what donald is talking about talking about spending even faster pace than any revenue would come in, with his wall and they haven't scored trump care get so there is a lot of accountability needs to come out of this. david: leave that -- steve it is true, that there are a lot of more expenses with trump administration. >> key thing david when you lower taxes, tax rates you get more revenue, on the spending side separate issue, you want more revenue lower the burden on american people. david: guys got to leave it at that john was shaking his hand cashing in gang ready to roll bottom of the hour what you got. >> good morning new leeks say cia can spy through smart tvs and smartphones time for private tech companies to block government from snooping. >> have day without a woman protesters resulting day without school many school kids leaving working parents scrambling.

>> is we will watching up here first our trade gap is jumping to a multi-year high, and president trump's trade advisory warning it is a threat to national security somebody says it could actually be good for our economy, wait, what? we will explain next.

♪ david: u.s. trade gap hitting a five-year high in january, president trump's top trade advisory saying this is a national security issue, but steve, take a look at 1984 this was in midst of the reagan revolution historical

high trade deficit that year look how much we grew 7.3% the highest we had in decades have not grown that high since that was a high trade deficit year. >> trade deficits tell you nothing doesn't cancel k capital flows intracompany transfers the most hitter going back to jamestown 1607 we had merchandise trade deficit, key thing, capital comes in one example bmw south carolina germany billions of dollars created tens of thousands of jobs drshlg indirectly 300,000 cars including 200,000 cars for exports. david: deal with that is the trump administration wrong in worrying so much about a trade deficit? >> i don't like trade deficits i think symptom of disease americans living high off money borrowed from foreners as china.

>> john shaking his head no is he usually is go ahead john. >> trade deficits are a myth i run a stayed surplus deficits rewarding with restaurants carmakers you name it a quote deficit because usa magnet for global investment we export shares that don't account what a ridiculous thing to say. >> bruce is a poiptdz out earlier we had a huge trade deficit in 84 biggest growth spurt we ever had. >> i am not really so much sure about whether the deficit -- avoids me more is when donald says nasty things about mexico going to start a potential trade war, i mean he says he wants to do more individual deals but the only individual deal we know he made is maybe with russia. david: by the way, mexico needs us much more than we need them, i don't think nobody is going to start a

trade war from their perspective but peter inactive are -- trade rep says trade deficit is a threat to national security. >> i don't think trade deficits matter i don't think right 100 countries slap goods with taxes i understand that i am interested what reagan did with japan quotas on cars from japan what about quotas instead of taxes. >> where does they had been up clearly does bother president trump and his advisories that we got big trade deficit, how is that going to affect policy? >> well, first of all i think to think about this as if in a vacuum kooum americans benefit tremendously from customers around the globe he have products are on the globe makes things cheaper better for business here on top of that i think the trade deficit notion silly we know few products are made only in one country parts from america from china so gets hard to measure this, of course, we

want the administration to have americans best interests in mind, but trade is -- something we should not be doing. >> last word from sybrina march madness isn't just for hoops the picks that could also be a slam dunk for your profits. afoot and light-hearted i take to the open road. healthy, free, the world before me, the long brown path before me leading wherever i choose. the east and the west are mine. the north and the south are mine.

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>> too sleepy for me. >> a lot of people need it out there that is it for "forbes on fox", what wonderful weekend keep it right here number one business continues with eric and "cashin' in". cas. >> while you are watching us on cashin in, who's watching you. wikileaks released document saying the cia can listen to conversations through smart tvs even when the tv is turned off. apparently the government also has tools to hack into other everyday devices like phones and cars. should a company selling us these devices guarantee or privacy or can they guarantee or privacy? welcome to cashing in. welcome everybody.