all of liz ann's sectors she feels will be helped and hurt if it doesn't go through. [closing bell rings] thanks so much for being with us. >> thanks, liz. liz: the dow jones industrials closing down 13 points. definitely of the lows of the session. we'll leave that to david and melissa, because it is really close. david: it is close. thank you very much the dow inching lower as traders anxious awaiting market-moving events this past week. s&p five turning positive in the hour and nasdaq ending in the green. dow was just down. i'm david asman. melissa: i'm melissa francis. we have you covered on the big market movers. this is "after the bell." here is what we have coming up this hour. we have a very busy show, crucial report, big implications for the republicans. the health care plan is expected any minute. we'll get estimates how much this obamacare replacement may cost and how many people it may cover.

we'll have the latest on that from capitol hill. plus, cutting government waste. president trump signing an executive order this afternoon that will require every agency to spot where more money can be saved. bracing for impact. the northeast hunkering down for what could be an historic blizzard. thousands of flights have been canceled across the country. we're tracking the storm as it makes its away across the midwest. david: glad i don't have to commute tomorrow. meanwhile oil continuing to sink. phil flynn has the very latest on that from the cme. adam shapiro on floor of new york stock exchange. adam, 50 million amecans are in the past of this storm. is that going to affect markets? >> slightly. look what happened happened with the market as they prepare for "snow-mageddon" and icenado.

jetblue was up most of the day. finished kind of flat. southwest down. american down as well 3%. why? they canceled 1400 flights today. 3900 flights tomorrow. amtrak also changing its service. no acela service new york to boston. this bill be a trouble situation for people trying to travel. companies that might have made money because of storm, home depot was up today. generac they make the generators. toro, if you plow your driveway, toro finished up. john deere was down most of the day. they essentially finished flat. non-"snow-mageddon" story, intel $15 billion to buy mobileye, israeli company that makes camera software systems to use in a car without a driver. they teamed up mobileye, with bmw. they will test 40 cars but they will own mobileye. they will finance with 13 plus

billion with cash they have parked overseas. not a bad way to heat things up when it is 22 outside. melissa: we love the icenado, adam. we'll steal that. oil sliding to under 50 bucks a barrel. phil, how low do you think oil is going to go and what will it do to gas prices? >> icenado is not helping very much. jets don't burn fuel when they're parked in a runway. they have to usually fly to burn energy. that is not good for demand. gas prices are inching down 10 days in a row albeit very slightly. lower oil usually means lower gasoline prices. in the north if you park a lot of cars it isn't good for demand either. these are both negative for prices. make no mistake about it, oil seemed to be in a new trading range, maybe 45 to 50. to save this market we have to get back above the $50 a barrel area. that could happen. there is a lot of news this week.

we get more inventory numbers. the federal reserve could impath the value of the dollar and demand expectations for oil. you can also looathen we look at the oil market this week how that will impact on the mand side. so a lot things are going to happen that can move this market back into the upward range but the snow is not helping today. melissa: phil, thank you for that. david: we awaiting any moment the cbo scoring of the cost and projected reach of the gop's bill to repeal and replace obamacare. could be out any moment. fox business's peter barnes is at the white house with the very latest. the administration already pour ad little cold water what is to come, right? reporter: lowering expectations fine, the cbo has done this accounting, these scores, the savings, the costs, additions to the deficit, the increases in the deficits many times before and gotten it wrong. so white house aides are saying we're full team ahead with

health care reform regardless what the cbo says. that may matter to some voters up on capitol hill but we shall see. we're awaiting numbers any minute. but the president today, i got to use the word, icenado too, but say it, the president didn't talk about icenado today but other than to say the government is watching the storm and making sure that everybody's prepared for it and everything the federal government can do but he has has been a tornado on this issue of health care storm. he just had a cabinet meeting, his very first one. here is what he said about it. listen. >> the house plan will expand choice, lower cost and insure health care access for all. we're negotiating with everybody. it's a big fat, beautiful negotiation and hopefully we'll come up with something that will be really terrific. reporter: earlier today the president met with a group of tients andoctors that that the ite house isalling victims of obamacare.

people who whose premiums went through the roof, whose he deductibles got too big, people who couldn't get access to care. president, trying to manage expectations it seemed by saying that costs reductions are at least, slower, well, he said rates and cost coming down probably wouldn't have for another year or two. david? david: as soon as all the competition, boy the capitol looks quite ominous, clouds behind it getting ready to dumb on washington, d.c. the big storm goes all the way south and up north again. peter, thank you very much. melissa. melissa: here is to react is liz peek of the "fiscal times" and former trump campaign advisor and fox news contributor steve cortes. liz, nobody thinks the cbo score will not be good. there will be a headline, how many people will lose coverage or increased costs.

that is going to be tough. >> just to be clear there is not just one score. there are a lot of information we'll find out, how many people presumably will lose their insurance. what will happen to insurance premiums. what kind of cost increase there will be, how it affects the government budget et cetera. there is a lot of information to come out. i have to laugh because in 2009 when president obama was trying to get obamacare through, we had a big kerfuffle because demanded that the head of the cbo, doug elmendorf come to the white house and basically be lectured how successful obamacare was going to be. how it in fact was going to lower the cost curve which cbo report said would not happen. by the way they were right. melissa: right. >> so here we are again, undoubtedly trp will try to strong arm the head of the cbo if it is not a positive report or dismiss it as not being particularly relevant. melissa: they have already started that, steve. right away out of the gate they're reporting out correctly

how wrong the cbo was last time around. on the medicaid expansion they underestimated how much that was going to cost by better than 60%. they were way off on the number of people that they thought would be covered by this year. it would be more than 20 million. instead, depending which number you're looking at, it is 12, 15, 10, but way below what their estimate was. so how much credence do you give the cbo metrics? >> melissa, not very much. by the way i love a lot of things about our president. one thing he can turn a phrase. he called it a big, fat beautiful, negotiation. melissa: we were roaring in the studio. >> like my big fat greek wedding, the congressional wording of that. i don't know how congressional negotiations are big, fat and beautiful. melissa: careful. >> policy matters to the american people. by the way as a veteran of the trump campaign i'm somebody who generally disbeliefs in experts because all of the experts in the mainstream media, all the

experts in washington, d.c., not only would we lose but we would lose spectacularly and republican party was doomed because of the trump campaign. they were obviously insanely wrong on that. i also believe washington insiders are incredibly wrong when they try to dismiss and assail this very sensible health program. i think going forward, i would like to tell all my fellow conservatives who are skeptical of it, what this essentially is, taking the same rubric for school vouchers applying to it health care. we'll give you a voucher and choice to people who can't afford it. we can't take health care away from everybody in one fell swoop, government health care and empower competion. this will be a great thing. once we're past this -- melissa: talk to paul ryan. that was much better sale than paul ryan. david? david: he is pretty conservative guy, steve is. markets intensely awaiting events all over the world where the federal reserve is set to

meet on wednesday to hike rates for the second time in three months and parcel lent overseas backing for a second time british prime minister theresa may's plan, triggering the uk's formal exit is from the european union in a matter of weeks. steve, i don't know. , i know big things usually affect market for the past six years but i think markets have this direct line what is happening with donald trump and his plans, whether it involves health care or the future of tax cuts, et cetera. what do you think? >> you know, listen, david. i agree. another thing don't take my wore for it. look what financial markets have done. that is not just my opinion. national surveys, independent federation of biggs and consumer confidence. all of it is soaring. we not only desperately needed a good policies, we're seeing from this white house, we needed a belief in and confidence in the american system of capitalism.

that got its birth really some ways in britain in the summer in june. david: that's true. >> i give great credence to them. and great applause really to them for starting this movement of sovereignty and populism and return to power of the people. david: i'm not sure how they started. i think "brexit" people were riding a wave and maybe naldrump was riding a wave. it seems to be worldwide wave against the establishment. people wonder if the establishment is encroaching in the trump administration. we'll get to that later. liz, i couldn't leave you alone without asking you about this storm. there are moments in our history the past couple years when a big winter storm has affected the economy, affected the gdp for a quarter. could the same happen here? >> it certainly could if it is bad enough. we all tend to dismiss the experts these days. i tend to think the storms are overhyped. it could affect transportation. utilities may be whacked by it. there is certainly a hit to

productivity as so many people stay home, unable to get to work places, et cetera. one company i think will do very well is airbnb, putting up lots and lots of people as flights are canceled. that is a huge win for them. i'm sure there are other niche winners too. i dismiss the idea that the grocery stores are big winners. we don't all eat more, do we, because it is cold? maybe we do. >> what are you talking about? yes! >> okay. david: i have an extra room in my apartment. maybe i -- i have to contact those airbnb folks. good to see you both, steve and liz. thank you very much. melissa: oh, my goodness. david: put it on the market, yeah. a little side business. melissa: if you think he is kidding he is not kidding. david: i'm a scotsman. melissa: there you go. president trump expected to sign an executive order at this order aiming to crack down on government waste as a new report suggests his budget proposal will show a major cut in federal jobs. maryland economics professor peter morici weighs in what this

means fotaxpers. david: members of the trump administration criticized for meeting with the russian ambassador, but, guess what? we're hearing hillary clinton's campaign may have done exactly the same thing. melissa: as we await the big report how much the gop plan will cost, the president says he is confident that republicans will come together to support it. >> this being the first big piece of legislation under his presidency, it is so appropriate that he is doing what we just do. he is listening, he is negotiating, he is receiving inputs. everybody knows as is always the case, president trump is ultimate deal maker but he is also the ultimate decisionmaker. . ♪ oh no. schwab, again? index investing for that low? that's three times less than fidelity... ...and four times less than vanguard. what's next, no minimums? ...no minimums. schwab has lowered the cost of investing again. introducing the lowest cost

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melissa: okay, breaking news right now. the cbo releasing its score on the republican plan to on obamacare.

peter barnes is at the white house with details. peter? reporter: melissa, according to cbo, in 2018 this bill would result in 14 million f people with health insurance coverage according to the cbo. 14 million fewer. that is about as expected. the expectations were right around it might cost 10 million people their coverage. the cbo said most of that is due to repealing penalties associated with the individual mandate. so really not people losing their medicaid coverage in 2018 but people losing individual mandate. says going out 10 years, that this number of uncovered people would increase to 24 million by 2026. of course that is compared to what the people, people, number of people would have bee insured had obamacare remained in place. as far as the impactn the deficit, the cbo says it would reduce federal deficits by $337 billion over the next 10 years.

so about $30 billion a year, with most of that coming from reduced medicaid spending which is part of the republican plan, you know to block grant it, give it to the states to try to create savings there, and also ending the government subsidies for, for individuals to help them by insurance but of course the republicans want to replace at least part of that with tax credits. melissa. melissa: peter, so that is interesting, by their wording of those 14 million people would be repealing penalty that forced people to do things that wasn't in their economic interests they would no longer do what was not in their economic interest and not buy insurance. reporter: good point. melissa: they even said it in the wording there, that is what that was. reporter: yeah. david: terrific. liz peek and steve cortes are back with us, along with university of maryland economist peter morici. peter this is very flashed. we just got the news but, let's deal with the dollars first if we can, peter. $1.2 trillion less we would be spending, the federal government

over that nine-year period but we would be receiving $.9 trillion less in tax revenue. that is a net gain of over $300 billion over nine years. that sounds like a good thing, right? >> well, absolutely. this is a good, favorable report. i mean they're going to save some money. and people that didn't want to have a gun to their head to buy insurance won't be buying insurance. i don't know what is so terrible about that. in terms of people that fall off the rails because of medicaid, a lot was expanding medicaid to people to program was never intended. some guy 37 years old, refuses to look for a job, has no job, sponging off his girlfriend watching espn, i have no problem booting that guy off. that program was set up for mothers and kids. david: let's go, liz, to the question of how many people are being insured. of course the republicans that are promoting this plan like paul ryan or mulvaney, the head of the omb does a great job, he by the way is a member of the

freedom caucus or was, when he was member of congress, they say look, doesn't matter if everybody in the universe is insured if their deductibles are so high they can't use their insurance. and that's happened to a lot of people who were covered under obamacare. they were covered. they had a card, an insurance card but they couldn't afford to use it because their deductible was $12,000. >> right. >> that is exactly right. i think honestly president clinton said it best. he said this is a program that allowed 25 million people, poor people, mainly to get health insurance who hadn't had it before but for all the rest of the people who got insurance through their employer, which was a great, much greater number, they really got hurt by this bill. i think, i think this report is going to make it much easier to sell this to conservatives in congress. that is a good thing. obviously you had pretty big pushback from conservatives. people will be pretty happy with the idea that it helps the budget.

that, it also means, by the way, it can go through reconciliation. it has to be budget neutral, revenue neutral to be allowed to pass through reconciliation. it wasn't clear that that was going to happen. it's a small number it had to clear but it did. those are two pretty good things i think. david: steve, hold on one second, peter. i want to go to steve for the politics on this. >> yeah, sure. david: as i mentioned you have mulvaney who is the budget director, he is a member of the freedom caucus. hopefully he can bring many so of his folks in. you have congressman schweikert, another member of the freedom caucus, another fan of this by is it possible that rand paul may be standing alone against it among the conservatives in congress? >> david, i think so. i would hope so. i would add to the list of folks you named key allies also mike pence, former, of course member of congress, incredibly respected among capitol hill conservatives. i think he is part of us getting

this over the goal line in the end. listen is it a bill, libertarian conservative, i tend to lean that way, a bill we love? no. don't make the perfect the enemy of the good. we have to get this good bill through. partly so that we can get to what i mention earlier, i think is the holy grail which is tax reform. we, liz is exactly right. we have to do this first so we can then do tax reform through reconciliation. david: peter, you wanted to get in here go ahead. >> to be budget neutral they have to spend the money on something else. i hope they don't do that maybe democrats demand spend savings. that would be a great way to partially fund infrastructure or defense spending the president wants to get out. this would help with the budget process. david: liz. what about the question of americans who are going to lose something? i mean there are clearly going to be americans that will lose something. donald trump talked about it. he said even if it was obamacare was terrible, because of the

fact that it hasn't completely collapsed, people are going to think back on it maybe with fond feelings. that is what president trump said today. >> yeah. no, look i think there are going to be some losers here, and my guess is the political pressure will be significant. we're going to see the media accounts of someone who really has been hurt by their loss of health insurance. and it is going to have to be plugged. there will have to be some effort to either make those people medicaid available to them with medicaid. bigger picture is that we need lower costs. as you said earlier, david, it is having health insurance doesn't help you at all if you have a $4,000 deductible. means no one in your family goes to the doctor. what have we really accomplished? we accomplished something in name only. thats important. david: by the way the bronze plan, which is supposed to be pretty good at $12,000 he deductible. 12,000 for the family. >> think about this, we might

have 25 million people off the roles but people on the rolls will have so much better coverage, coverage appropriate to the circumstances. they are not willing to buy bogus policies like that. they have to give them something to get their money. david: melissa has another guest. thank you very much. melissa: bring in democratic congressman john garamendi from california. what is your reaction to this, sir? >> exactly what we knew it would be. we knew there would be enormous tax cuts for super wealthy. women and 50 to 65 absolutely get harmed. we'll lose millions. melissa: that is actually -- >> we're -- melissa: that is not the group. according to the cbo report, 14 million people would not have insurance but it would be a result of not having the mandate and people would choose not to buy it. because it is not in their economic best interest. that is not medicare or medicate. that is just the regular mandate. >> whatever the reason, there are multiple reasons there. one of the reasons is the reduction in the medicaid

program. that is going to have a very significant long-term impact and some short term. we certainly know that people are 60, or 50 to 65 are in for a huge, huge hit. and we also know that we're talking about millions. we're talking about -- melissa: where do you see that people 50 to 65 are in for a huge hit? >> it is in the cbo score. you read the score. it is in t c score there will be a very sficant increase in costin people that 50 to 65. it is in the cbo score. you got to read the whole thing. 14 million people will not have insurance next year. that is huge across america. and then by 2026. they're talking about 24 million people will not have insurance. so, if you were looking for something that was huge, if you're looking for something that was awesome, well this is awesome for those people, 14 million people in one year will lose insurance. melissa: do you think that the

obamacare the way it is right now, would you leave it where it is? what changes would you make? >> well, certainly i would start with on the federal government being able to negotiate for drugs. would i look at the various ways in which the insurance companies operate within states so that the insurance companies, so that your state exchanges operate in such a way as to provide multiple opportunities for insurance. melissa: how would you do that? because the problem is, that -- >> easy to do. melissa: many states there is only one option because the insurance companies are losing money. so they're dropping out of the system around it is in death spiral. so every wants idea of having more options in every state but under the current system it is getting to be one or zero. how would you remedy that? >> well, i was insurance commissioner for eight years in california and you can remedy with regulations that the state could put into effect? melissa: force them? >> yes.

and if you're going to operate in the state, then you're going to have to meet certain requirements. those requirements include coveragehrghout the entire state which happens to be a problem in california right now. but there are multiple providers but in some places insurance companies choose not to. melissa: okay. >> this happened way. wait a minute. melissa: i want to ask you, if you force the insurance companies to stay in the state and to offer the plans, how do you deal with the fact losing money on policies? or do you allow them a whole lot more or government pay them? they're leaving that they're losing money f you force them to stay how do you have them not lose money. >> i would be happy to answer. do it in two-ways. one subsidies need to be adjusted from state to state. have to deal with the subsidies. that deals in part with the pricing and insurance companies are, have to have a reasonable level of premiums. those need to be adjusted over a period of time, so yes the

premiums may rise in some circumstances but the subsidies should also. but the state insurance commissioners are in a position to regulate the insurance market in their state. melissa: all right. >> if they do so, can do so in a way that makes adjustments. melissa: so the way to stop the death spiral right now, keep the system in place is to raise premiums to have taxpayers pay for that through the government. that is what you're saying? >> no. listen, what is a death spiral? a death spiral is where you have adverse selection in, among the various participants in a plan and in the case we're probably going to see even more after death spiral with what is happening here because the young and had think will opt out. melissa: absolutely. >> now that is where you get, that is where you get a death spiral. melissa: but it hasn't worked to force the young and healthy to stay in because you can't make people do what is not in their economic interest. that is the whole problem. young and healthy people are not

signing up even though you're forcing with the mandate, they would rather pay the penalty oar skate on the whole thing. you can't make people do what is not in their best economic interest. >> in the case we have here you have a situation in the trump-ryan care program you have a situation with 30% surcharge when you enter back into the market. that is literally money that you're giving to health insurance industry. will it be sufficient to cause people to stay in the market? well, cbo thinks not. remains to be seen. but the dearth spiral happens when young, when healthy people opt out. melissa: okay. >> what is happening here is you've got to find a way to keep the, keep everybody in. melissa: force insurance companies to stay in. >> with subsidies. yes, and make sure that there is sufficient premium made up of the subsidy asell as the rate an individual is paying.

melissa: taxpayers pay more. raise everybody's taxes? >> well, now wait a minute. let's take a look at the tax situation in the ryan-trump plan. the ryan-trump plan has enormous tax cuts. in fact the top 400 families in the united states will have a 7 million-dollar a year tax cut. the top .1 of 1% will have a 200,000-dollars tax cut and they will consume 35% of the total taxes. melissa: there is also rebates for everybody across the board which is something that conservatives don't like the plan at all. >> well the tax cuts, the tax cuts are clearly a huge gift to the super wealthy. melissa: okay. >> the bottom 80%, bottom 80% get to share 25% of the tax cuts. and they will wind up paying more through their premiums. so this is a huge shift of wealth from working men and women to the super wealthy. melissa: interesting

interpretation. very interesting interpretation. >> no it happens to be a fact. melissa: thanks for coming on. >> it's a fact. melissa: appreciate you coming on. >> anytime. check it out. david: what was interesting in the conversation, the best conversation i heard about the questions about this new health care proposal was, your point which is how do you force people to do something that is not in their best economic interest. he answered very clearly. you force the insurance companies to do something that is not in their ecomic interests. you force taxpayers to pay more money for it. melissa: that's right. david: that is how you make up the loss, by matter of government acting in force to do what is not in your economic interest. melissa: forcing you to pay for it. david: you have to do it somehow. that is the democratic response, force people to do what is not in their interests. melissa: right. david: leave your patriotic colors at home. why a group of high school students are under fire for sporting american-themed attire. can you believe it?

>> that the trump is getting major backlash for firing an aggressive new york prosecutor but is that prosecutor actually the one to benefit from his own firing? gregg jarrett is here next to weigh in on this. no matter how the markets change... at t. rowe price... our disciplined approach remains. global markets may be uncertain... but you can feel confident in our investment experience around the world. call us or your advisor... t. rowe price. invest with confidence. why pause a spontaneous moment? cialis for daily use treats ed and the urinary symptoms of bph. tell your doctor about your medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis. when i was too busy with the

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david: we have breaking news for you. we just received the cbo estimates for the american headlight care act. cbo is estimating the current house bill would reduce federal

deficits by 33billion dollars in the nine-year period from 2017 through 2026. 14 million people will be uninsured than under the current law but there is a question whether they would still receive health care and how they would do that. details are being worked on in the house and senate. melissa. melissa: more breaking news. any moment now, president donald trump will appear before cameras at the white house to sign an executive order, entitled, comprehensive plan for reorganizing the executive branch. uh-oh. we'll bring you that event just as soon as we get the video. david. david: very interesting. there is fallout over standard protocol. the left is outraged over the trump administration's firing of u.s. attorney preet bharara of new york, but is preet actually milking this firing for his own political gain? here so rehe act is gregg jarrett, fox news anchor and a former defense attorney. well there is a lot of, this is

pure politics. >> oh, yeah, i have to ask first of all, i think one of the biggest winners is the mayor of new york city, bill de blasio. preet bharara had a one-year investigation of whether he was doing something bad. that investigation may be a little off track now as a result of his leaving. >> you never know. look a president appoints a u.s. attorney who will pursue his policies and priorities. maybe it won't be a priority of president -- we just don't know. david: was there anything unusual first of all about this firing? >> no, it is utterly routine. 48 u.s. attorneys left after trump was sworn in. they packed their bags, headed out the door. they will get rich working for private law firms. 4didn't. so they were asked to resign. david: right. >> all presidents ask their u.s. attorneys to resign. bill clinton fired them all at once. david: new york, again, i mentioned the mayor of new york benefits. it has happened before where a u.s. attorney in the new york district becomes mayor of new york city.

that was rudy giuliani. >> right. how about thomas dewey. became governor and almost president? david: happened a lot. he is painting himself as victim of the trump administration and he also pursued bill de blasio, frankly a lot of new yorkers getting fed up with being too soft on crime and other stuff, maybe he is getting into the sweet spot. if he runs against this guy de blasio, he could win. >> he is known to be politically ambitious, preet bharara. this would be a natural step. either a run for mayor, a run for governor goodness sakes if andrew cuomo he decides, he wants to be the democratic nominee for president in four years. there are a lot of avenues bharara can pursue, including a tweet from the producer of hit show "billions" on showtime. paul giamatti place the u.s. attorney patterned after preet bharara. producer says, come on, make a cam he yo. we'll hire you as technical

producer. the sky is the limit for preet bharara. david: preet should get paid something for writing the script of one of the shows. that is clearly one of the shows paul giamatti stars this? >> you were talking with melissa off-camara. preet bharara on showtime. david: reality imitating art. melissa. melissa: hawaii, washington, half a dozen states pursuing lawsuits to stop president trump's latest travel ban from certain middle east countries. the state is saying that the travel ban is no different from the first one. fox news's dan springer spanning by with the latest on that. dan? reporter: this is important. presidt trump's vised travel ban is set to take place on thursday. o major legal challenges are standing in the way. the stay of hawaii is seeking a temporary restraining order to block the travel ban from going into he effect. the state has to show it would be harmed by the executive order and likely to win when the merits of the case are argued.

its plaintiff is an american citizen who is married to a woman from syria. they argue the travel ban would prevent all of their relatives from coming to the u.s., and the suit plays on emotions. president trump's executive order, it's written is subjecting a portion of hawaii's population to discrimination and second-class treatment, in violation of both the constitution and the immigration and nationality act. briefs have been filed and oral arguments take place wednesday in front of federal judge derek watson, who was appointedded by president obama. the other legal battle taking place in washington state where the original travel ban was blocked by a federal judge. that ruling was upheld by the court of appeals. the washington state attorney filed a brief last week arguing injunction is still in effect and should remain in effect because there is very little difference between the first and second executive orders. judge robart, james robart was asked by both sides to file

proper motions this week. it is unclear if the injunction back if february could possibly black the second travel ban from being implemented. several states joined the lawsuit, oregon, new york, maryland, massachusetts, hawaii, washington state. seven states are going after trump in this executive order travel ban. melissa. melissa: we'll keep an eye on it. dan springer. thank you. david: a lot of things to keep an eye on. a new twist in the controversy over russian contacts with the presidential campaigns during the election. spokesman for vladmir putin saying that the russian ambassador met with people connected to hillary clinton's campaign as well as people connected to president donald trump when he was running for president, adding it is the ambassador's job to stay in touch with both sides in the meetings about the u.s.-russian relations. nothing to do with the election. that is what they say. melissa: can't even keep track anymore. david: no. melissa: the northeast bracing for a major winter storm. the region expecting heavy snow and strong winds. we'll bring you the latest forecast. that is next.

>> i got milk and bread and i bought some eggs. you know, water. when the storm comes, most likely i stay in the house. it is warm in the house. the

melissa: 50 million americans are in the path of a major snowstorm. the southeast coast bracing for its biggest snowfall of the winter up to two feet of snow is expected in some parts with winds as high as 50 miles an hour. the snow is expected to begin after midnight in new york city with the majority of accumulation falling beten 6:00 a.m. and noon tomorrow. that is just perfect. david: yeah. we expand walk home if we have to. mean while we're calling it icenado. melissa: i like that. david: david: fox news's rick leventhal is standing by in new york with very latest. how are the preps going there? >> well, david, most of the people who have been here throughout the day, putting plow

blades on front of the trucks and filling trucks with sand and salt, have gone on home preparing for work which begins later tonight and all day tomorrow. they're expecting high winds on long island, possibly topping to 60 mile-an-hour wind gusts which is dangerous combining with frigid cold temperatures and heavy snow, two to four inches per hour in some spots. the forecast on long island has gotten better. six to 12 inches. sleet and rain. it will be a little warmer on the southern end of the island. up and down the i-95 corridor, from northern virginia, parts of maryland and pennsylvania pass into connecticut and massachusetts they're expecting as you mentioned, 12 to 24, up to 30 inches of snow with blizzard warnings beginning midnight tonight. through midnight tomorrow night. they're asking people to stay off the roads so the plows can do their work. they're preparing trucks as i mentioned with thousands of tons of sand. they're out prepping some roads

to prevent black ice from forming overnight, david. we're expecting a major storm to wallop this area starting late tonight and pretty much most of the day tomorrow with heavy, heavy snow coming down and high winds as well. david: rick leventhal, in scios set, new york. melissa: new warning about the political divide in america. how both parties are possibly disintegrating right before our eyes. 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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we set out a clear goal to give every american access to quality, affordable care and a clear plan to achieve it. woe must keep our promise and deliver it. i spoke to democratic congressman john garamendi moments ago. here is what he had to say. >> you have to find a way to keep the, keep everybody in. melissa: force the insurance companies to stay in. >> with subsidies, yes, and make sure there is sufficient premium made up of the subsidy and -- melissa: taxpayers pay more. yeah, just raise everybody's taxes? lear is noelle nix pour, gop fund-raiser and richard fowler, fox news contributor. owe said the system is bert the way it is. how do you deal with the fact that insurance companies are leaving. he was insurance commissioner california the way you deal with it, you force them to stay in. you do that by having them raise premiums on everyone and get a

bigger subsidy from the government. he is the insurance commissioner from california. that is the argument he made. what do you think of that? >> i don't think that is the argument i would make. hi, melissa. truth be told here is why the affordable care act is in death spiral. the administration rolled back. melissa: no, no. it is in a death spiral before he was elected. >> he is also signaled to the marketplace that he will repeal the affordable care act. melissa: okay. >> because of that insurance companies are saying why get into a market. melissa: i love you to death i can not let you get away with that. >> that is the truth. melissa: one insurance company in some different markets. none in some other spots before he was ever elected, noelle. >> rather than arguing next one move on to the new plan. the headline will be 14 million people uninsured. the line right next to it said, those are people who will choose not to buy insurance because it is not in their economic best

interest, young and healthy. but that won't be the headline. this will be tough for the republicans how do you spin it? >> right. you're absolutely right. what the media, which is generally, mainstream media against trump, they will spin this for republican as, they're going to try to scare them with a fear factor and highlight that 14 million that will not be insured but what the bigger deal is, is what you have just said. it is the thing underneath. it is the fact that some people are going to opt out. i never thought it was a good idea when they had, you were penalized if you didn't have the insurance. i mean a lot of people if theydu don't want a tax penalty. what they didn't touch on what they're saying is, the national deficit is going to be reduced in 10 years by $337 billion. this is one thing that no ones is addressed. bravo for them to at least address our national deficit. melissa: yeah. richard although one of those penalties still hiddein there.

if you lapse, let your insurance lapse, go back on, there is a huge penalty for that. so that is a huge problem with this particular bill? >> i think that is absolutely huge problem. not a huge penalty. melissa: 3 grand. >> 30 percent of whatever you pay for premium, that goes back to the insurance company, not to the american people, not to make the system better that goes to private corporations. what makes it more problematic for republicans, heritage foundation on one side, nurses union on other side both saying this is bad idea. 16 governors who are republicans -- melissa: why do democrats get involved try to make it better, richard? >> here is the thing democrats are willing to make it better. you saw in 24 hour markup last week, democrat voices weren't heard. elye jaw cummings went to meet with the president. his voice wasn't heard. they refused to work with democrats. melissa: noelle, what about that? >> i think is a lot of infighting with both parties. you see a clear division in the

republican party over the health care bill just like you did with the democrats. right now we're in a movement culture where a lot of people are looked as traitors if they work across the aisle. melissa: richard, it does seem like there are giant holes in each plan. i don't know how you meet anywhere in the middle though because they're trying to get such opposite things done. if you listen to representative garamendi his idea was force everyone into insurance, raise the premiums, have the taxpayer pay for it. i mean it gets back to this idea that you know you're going to have, just tax everybody and have the government pay for everything and have a big government controlled civil. republicans are at opposite end of that. how do you meet in the middle when your bac mechanism for getting thin is so dferent? >> one thing to meet in the middle, medicaid expansion stays in place. you have vulnerable democrats like joe manchin. you have people like lisa murkowski who agree from alaska,

joe manchin, west virginia, their states benefited they're allowed to put poor individuals and working families in health care. we know actuarial till tell you, put poor people in the coverage because they're most likely to be sick. fix what is broken under the current system. melissa: we're up against a hard break. i love your idea you but we're up against a hard break. thanks to both of you guys. >> good to see you, melissa, more on breaking news from the cbo when we come back. stay tuned. gotta manage your risk. an honest opinion is how edward jones makes sense of investing. you know win control? be this guy. check it out! self-appendectomy! oh, that's really attached. that's why i rent from national.

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david: you will hear a headline that 14 million people will not receive insurance, but what you won't hear is these are people who won't receive insurance by choice.

mel will be people who decide it in their best economics not to buy insurance. david: the answer of that california congressman was very interesting. melissa: raise premiums and give them more taxpayer dollars. >> my contract with the american voter begins with a plan to end government corruption and to take back our country and to take it back swiftly from the special interests who i know so well. i want the entire corrupt washington establishment to hear the words we all are about to say. when we win tomorrow, we are going to drain the swamp. liz: tt promise to drain the swamp about to bece a reality.