to the u.k., in control of its own laws and its own borders. maria: we'll be watching that. >> watch the financials, they've rebounded and they've been beaten down. maria: congrats on the news show, 9:00 dagen mcdowell and steve, thank you everybody. stuart: how eager the haters were to label it the trump slump. you would have thought that the market and the trump presidency were falling apart. they were wrong, good morning, everyone. president trump said last night, quote, we are all going to make a deal on health care. he was talking to republican and democrat senators in the white house. that deal he said is an easy one. greg walden, is he the republican or is he-- he's the republican, that's right, the republican who chairs the energy and commerce committee. he says, we're approaching the easter season, many so things

rise from the dead. and he's on a committee, chairs it, looking at health care. look at this, speaker ryan side, no voters were now in the yes column. that moment the movement started to go up. so this morning, obamacare, back on the table, question mark? it looks like the great negotiator called the politician's bluff. you failed last week, now make something happen or else. we've got a show for you, greg norman, grover norquist, charles payne and that's just the next 15 minutes. "varney & company" is about to begin. ♪ >> and i know that we're all going to make a deal on health care, that's such an easy one. i have no doubt that's going to happen quickly. i think it will, actually. i think it's going to happen. we've all been promising, democrat, republican, promising that to the american people.

stuart: we thought we'd let you hear that again. president trump confident a deal on health care will get done and he said very quickly. remember, he was spoking to republican and democrats at the white house and their spouses. that's something president obama rarely did. and it appears the market might be getting along to obamacare reform quickly. yesterday the market rally began the very moment that speaker ryan said no votes on health care had turned into yes votes. up it went. and as of right now. the rally is holding. we're going to open pretty flat at those high levels. still on health care, look who is here. glover norquist. i've been reading my notes and doing my homework and you say health care before the tax cut, get it done. okay, now, tell me straight. you're an insider. i want a prediction, will we go

back and get rid of obamacare in the immediate future and do that quickly as the president said? >> i believe we will and the reason is that the alternatives are awful. and the people who voted no thought they were negotiating and doing something on health care. they didn't understand they were sinking fundamental tax reform if we didn't get health care first. why? there's a trillion dollars per decade in tax reduction in getting rid of obamacare. obamacare was a series of 20 taxes adding up to a trillion dollars in a decade and they put a stethoscope on it and called it obamacare. it was additional trillion dollars in spending. this is the largest spending and tax cut most of those congressmen will ever vote on the rest of their lives. stuart: did speaker ryan yesterday, he implied some of the no votes had gone into the yes vote column. you're an insider, you know what's going on.

do they have the vote now to pass the bill that failed on friday? >> it looks like they're coming. you have people who staked out a no position. having been misinformed about what was at stake. they need to be able to step back and come back to vote yes. and to be able to articulate why this makes so much sense. there was a lot of misinformation here in washington d.c. you talked about the media being dishonest. that didn't help. stuart: for sure. can we do it quickly? i mean, why can't you, maybe tweak this thing that failed on friday, why can't you just resubmit it, if you now think you've got the votes? is there some parliamentary procedural meeting that you can't do it? >> we can do it. as soon as we have 215, there are some people that are not there. normally 218. as soon as you have the votes, we can have this vote and then you proceed very quickly to fundamental tax reform getting that corporate rate down to 20%, the capital gains down to

16%, getting rid of the amt and the death tax going to territorial system. there's a pot of gold in terms of jobs and wealth and income creation when we pass both health care reform and fundamental tax reform. we have to do them in that order in order to get it done. stuart: and yet to repeat, grover norquist, the guy who knows his way around washington, he says, yes, it will be done, correct. >> yes, because the alternative is too awful. stuart: got it. grover, thanks for joining us. very important day and important time. thank you for being with us. >> thank you. stuart: yes, sir. politics and money, that's what we do. so, that was politics and here is the money guy, charles payne is here. i want your comment on the current state of the market. i think-- i see that-- i think it just wants to go up, what say you? >> yeah, here is an interesting thing, we had an eight-day

sing streak and barely lost 3%. stuart: 2%. >> it wants to go up and why does it want to go up. lost in political talk is real concrete evidence that this economy is turning around and in a central place, manufacturing. yesterday, we had a manufacturing report out from the richmond federal reserve that was amazing. stuart: i don't know about you, but i completely missed it. >> i went through the whole thing. really? >> it was absolutely amazing. capacity utization, the plants that we don't use, all that have space, went to the highest level since april of 2010. i mean, we're taking the cobwebs down, we're heating up these engines again and that means we've got to bring in people to operate the plants. that's phenomenal. that's real stuff. the surveys that they call soft data. you get this, hard data, hard evidence. you don't build up the plants

and start to use the capacity if it's not for growth. we reported at 10:00, out came, the consumer confidence numbers, i think. ashley: yeah, 17-year high. stuart: the highest level of this century. liz: one small footnote, it was taken apparently before the aca bill collapse. stuart: that's a caveat, but a very important number and point of view on the economy. >> it's not the first time. the consumer confidence numbers are going through the roof. these are better proxies for the trump presidency than the gall gallup poll. what's great about it, the at mechanism about jobs being more positive. stuart: i can't let you get away, the former chair of hillary's campaign, choice words for the president's climate policy. jn podesta. here is the quote.

make nos mistake the tmp administration's rampage against the environment poses a threat to the entire planet, but we cannot give up hope that we can avert the severe aspects of climate change. i'm being arch and sarcastic and here is your chance to do the same. >> they're blowing it. what the president talked about was unleashing jobs and opportunity in the country. he didn't say we're going against the environment. he didn't say we're against the climate. he just said how about we don't keep-- coal miners, coal is still going to be the number one source of energy for the next 30 years in this world, why can't we get a piece of the action? you know, it's nuts. stuart: why can't we have it. >> it's falling on deaf ears. stuart: they've got to block everything, if president trump gets his way, we will have more jobs and growth. liz: should be noted that the energy boom in the united states helped us from avoid ago recession and should be noted, too, the executive order didn't

touch the paris climate change treaty and tillerson says stay in and jared kushner says stay in and exxon. stuart: we've got the person to cover this, the new epa administrator, scott pruett. he's the one tearing away this. and he'll be the one to ask about the paris accord. stuart: president trump will have a special commission to deal with the opioid epidemic, what can the government do to stop doctors from prescribing the drugs. judge napolitano on later. and las vegas, a first to call the city home.

and greg norman, "the shark" here on "varney & company." we'll continue with that man right there. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be. and at $4.95, you can trade with a clear advantage. or how high the pollen count, flonase allergy relief keeps your eyes and nose clear. flonase helps block 6 key inflammatory substances that cause nasal congestion and itchy, watery eyes. for relief beyond the nose. flonase.

>> yes, yes, yes. we do have greg norman. he's sitting next to me on the set and first i have to go through the financial stuff, right? we've got to have a muted open from the stock market, down 10, 11 points, the rally basically holding. we have facebook again copying snap, letting people post pictures and videos that disappear after 24 hours. 30 seconds with charles payne, then we'll get to greg norman. charles payne, charles payne, which would you buy, facebook or snap? >> facebook. stuart: why? >> it's a behemoth. snap has no secondary play. they consider themselves a camera company. stuart: but facebook will bring out the animal spirits in charles payne? >> not at this level, but i own it cheaper, but i tell you what, this market is acting great, absolutely great. stuart: i got that. ashley: and people are spending money.

the retail ice age? they may not be spending at malls, but on cruise ships and winnebago, people want to get out there and live life like greg norman. [laughter] >> the segue was good. look who is here, golf legend greg norman. welcome back. >> charles is right on point. we see it, disposable income, spending a little more out there. stuart: really? >> absolutely, we're seeing it in our business. stuart: before we get to that, who do you like for the masters? >> dustin johnson. he's red-hot, he's got a great feel about it, a great presence on the golf course. or yatsyama from japan. stuart: you're the most brilliant golfer or one of the most in a generation or two, and you don't play anymore.

what's wrong with you? [laughter] >> i have he a hit four and a half million golfballs and i actually get out of bed feeling pain free. if you practice or play a lot of golf, you get out of ball feeling stiff, sore, takes you a long time to get going. i'm very happy with i am. if i played golf i'd be on golf channel and not on stuart varney. i'm happy here. stuart: i've got more viewers, i do declare, i've got more viewers. donald trump, do you like him? >> yes, i do, i do. stuart: you're a business guy these days, you're not an athlete golfer you're a business guy worldwide global enterprise going. is he good for your enterprise? >> absolutely. he's good for what's happening in the united states today. we're seeing the unlocking or reduction in regulation, especially in my business, i'm a small business, i've got 14 divisions of my business, all consumer products, b to b, and we're starting to see it

unravel a little now, unravel in the good sense, money is coming back in. golf courses are starting to see the trend, people not want to specifically build new golf courses, but redo old golf courses and reinvest money there. the membership of the golf club is coming back and they want to spend more time. our initiative. how do we get to where we were in a peak of 30 million golfers ten years ago to where we are at 25 million golfers. how do we get the number back up. stuart: what you're saying is, there's growth of america's economy. there's growth in various parts of the world, and trump's got something to do with it and are' cashing in on it. >> well, cashing in because we're allowed to hire more people, right. and uncover that, we're actually starting to see that some of the trillions off shore are starting to come back slowly. not to the magnitude of hundreds of millions in my business, but in smaller increments. so, that's telling you, people

are starting to reinvest back into america. stuart: you've got to tell me because you've tmed up with verizon, bringing technology into golf. you've got to explain it. >> i want to explain exactly what we're going to launch with. we'll go to launch the third quarter of this year, but it's actually getting uiux experience and making-- >> a what? >> user interface user experience. stuart: if you say qe 3 you'll get buzed. >> and there's a tremendous i.t. platform and we've gone in and partnered with verizon, identifying a space that they want to cover more significantly, which is the golf courses so you look at their connectivity platform and you look at verizon enno evaluation platform and there are so many opportunities sitting there for our game and virgin space, stuart. where you get over 100 million

a year and bringing people back, the millennials back and experience to the younger generation, where they can get out there with their connectivity and say, i can go out there with mom and dad and have fun. everyone has a device. every kid has a device. mom and dad have a device and how do we get them to enjoy the device. and the platform with the fantastic solution and you come on share the third quarter and actually show you what it is. all you want is a free commercial. >> fair enough. >> i am a commercial guy. you're forward looking and you're not looking back to the past and redesigning the golf club or anything like that. you're looking forward to an internet connection between golf and potential customers. >> absolutely. >> and i've been very concerned about where golf has been from a pure costing standpoint. maintenance and sustainability. right?

so with verizon and their model, right and we can create smart golf courses. they've created technology and bringing it down to golf courses, if we can reduce the maintenance cost by 8 percentage, if it's a double digit percentage we're bringing people back to the game and it costs not as much to play. >> you're not going to watch the masters or see it there in person. you're just not going to do it? >> i will watch it, to me, it's the start of spring, i look forward to it every year. that spring. >> it will be good and depend on the weather going in, to really determine who is going to be the guy. >> and you only play six rounds a year, and just getting ready-- >> can you shoot your age? >> for nine holes, yes. >>. [laughter] . stuart: greg norman, it's great to have you on, a pleasure, sir. >> appreciate it with stocks.

now, reality tv star mike rowe he was on the show, his message, forget college. it's not for everybody, america needs more doers, that's what he says. and more on that in just a moment. we will be back.

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debt well over a trillion dollars, we often talk about whether or not college is the right choice for everyone. well, mike rowe, you know the dirty jobs guy, he was on the show yesterday and addressed that issue. roll tape. >> you have to have some competency, but the idea that the best path for the most people just happens to be the most expensive path, there's just something fundamentally corrupt. never in the history of western civilization has anything so important become so expensive so quickly, more than real estate, more than food, more than energy, more than health care, the cost of college has just gone through the roof and, yet, we still talk about it as if it is truly the best way for the most people. stuart: well, he's got a foundation that gives scholarships to people who are going to be electricians and carpenters that kind of-- that's right up your street. >> it really is and there's such a vacuum for that. you know, we have a lot of people who come to this country

to fill that vacuum, too, the construction workers left, you think about the jobs in north dakota and places like that, great paying jobs, $75,000, $85,000 a year and then you've got the jobs they're calling the new economy, the ceo of ibm calls it, you don't need a four year degree, but more skills than you have already and that includes coding and things like that. we can train those people, millions and millions of jobs. we create the technology here, why not profit from it. stuart: the idea that everybody's got to go to college to get that credential. >> you do need a skill though, you need a skill in the new economy that we're in. if you can't get a job on the line pushing the same button, you should know something. stuart: and it shouldn't cost you $80,000 of debt the rest of your life. >> the dow a fraction higher, s&p and a flat open after the big rally yesterday. we're back with the opening bell.

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35 seconds to the opening bell. let me tell you about this. yesterday, 11:00 eastern time, up pops speaker paul ryan, giving a news conference. what did he say? oh, some of the no votes on obamacare have turned into yes votes. at that precise moment, up went

the stock market. why? because it opened up the door to maybe resubmitting health care reform and getting it passed and getting on with the business of government, maybe. that's all in the background. the market did straight up after he said that, we were up another 100 points. bang! it's 9:30, we're down 31 points in the very, very early going, i see a lot of red on the left-hand side of your screen. that gives you the sense of the overall market, the sense of direction it is down, but not that much, 40 point loss. the dow is holding right there at 20,662. let's see where we go today. this is the very, very early going. we've got the back drop of president trump at the white house saying we're going to do a deal on health care and we're going to do it quickly. his words, not mine. so far, that's not affected the market we're down 39, 40

points, a lot of red the left-hand side of the screen. show me apple, please, because that stock hit an all-time high yesterday. it's still at $143 per share. we have one analyst saying he can enqvistainvisage this, very, invisage. and facebook is-- . [laughter] >> you're laughing. facebook is letting people post pictures and videos that disappear after 24 hours. that's a direct copy of snap and that's the fourth time they've done it. facebook unchanged, snap is down. 21 on snap. casino stocks, they've got a bit of a pop yesterday. not because of macao, macao often plays heavily with the casinos, but because the raiders are moving to las

vegas. put your face on camera. that could draw a new base of football fans who will boost attendance. ashley: look at the face. stuart: look at liz's face. [laughter] . liz: i am an indicator. stuart: here is an indicator, the yield on the 10-year treasury. 2.4%. we were at 2.6% a week ago. and that implies the market believes there ain't so much growth out there. 2.4, that's what you've got. who is with us? ashley webster, elizabeth mcdonald's, charles payne and dr barton. look, i thinthisarket just wants to go up. that's my analysis of recent trading patterns. dr. what do you say? >> i like your "it just wants to go up", because eight straight dow days or anything else, it's that the market will not go down. eight straight down days, but it went down 1.7%.

that's really saying the best that the bears could muster right now is that tiny move down. i'm with you, i'm looking at 21,860 for the dow, stuart. stuart: 21,860. we're at 26 so you think we're going up another 1200 points before we get a big-- >> before we get any type of correction. stuart: let's see what charles payne, the animal spirits guy says. >> i think we go significantly higher. i don't know where the peak is going to be. the data suggests we're on the cusp, akin to manufacturing renaissance and an economic boom in this country. so, i'm looking at numbers significantly higher than 21-6 or whatever. and you know what? part of this, by the way, i started calling this a trump rally even before the election, but part of this is the anti-hillary rally. >> really? >> we talk about urgency for tax reform or regulatory reform. businesses they're organisms,

they want market share and putting money to work. that's why we see the needle before legislation moves and keeps the finger in the market. stuart: where else do you go and look at two guys with an a 40 point loss and-- . we're on the cusp. >> a good word. liz: invisage. >> foreshadowing for liz. stuart: apple shares, record territory yesterday, now one analyst is saying, that that could move up, and i have not read the columnist or what his or her reasoning is. >> i agree a thousand percent. i think that it's going to be a monster and apple pay around the world. stuart: 40% jump on a $140-- >> 200. stuart: makes it $200. >> analyst made a $200

scenario, a 175 scenario and then 15% down scenario based on innovation and iphone cycle. didn't really talk too much about services, charles and stuart. and that's where i think they have room to grow. stuart: and analyst were talking about innovation at apple and based the case on that. >> based on iphone sales continuing to grow, not being peak iphone and innovative new product, without that product 175. >> last quarter they had the highest selling for iphone, that's for an old antiquated product. the highest for that phone. stuart: how do that they do. the galaxy series, samsung-- >> that was a bust, the thing blowing up people and they are ahead of the curve. stuart: look, amazon is an all-time high or 861, 862 earlier? 863 was the all-time high.

860, i'm sure if you own that stock, you'll take it. then we have blackrock, the world's largest, they call them asset managers. they manage $5 trillion. got it? they're relying more on algorithms, rather than humans to make decisions on what to buy and sell and when to buy and sell it. dr, i don't think that makes any difference to the stock market whatsoever. >> i agree, it doesn't affect the market. it does affect their clients, however, stuart, so that's the big deal here. they're actually making some cuts to personnel, seven money managers are going to-- top level, top tier money managers are going to be let go there. stuart: hold on, those seven money managers, they're humans. >> correct. stuart: you pay them a wage and they're going to be replaced with algorithms and computers? >> they are, and they're paid much more than a wage. these are top tier people at blackrock, these are eight figure people. stuart: are we led to believe you trade on algorithms using computers and you do better than human beings?

>> tell you what, look at the hedge fund returns for the last several years and the answer is emphatically no. if warren buffett does it, it's a red flag. liz: the index, blackrock they'll sell to main street instead of the big institutional players. stuart: answer the question. liz: yes. stuart: does the computer, more successful-- ments i'm saying the answer is no, for investing, day trading is different, but investing research. stuart: investing over a longer haul for profit. check the big board, we're down 47 points, so much for stuart varney saying the market just wants to go up. down 48 points. weaker guidance, this is important for stock these days. the company says here is where we think things are going, weak guidance at dave and busters and that's taking them down 4%.

weaker sales at the fast food chain sonic, who cares? the stock is up 8%, maybe they can put out some kind of statement because the stock is up. stronger sales forecast from the parent of restoration hardware, that's good enough for a 12% gain there. and how about this? morgan stanley says the container ship business headed towards profitable. the container ship companies were up big-time yesterday and look today, they're up some more. what did you say about containers as an indicator? >> for a while people were using them as an indicate her. they bought too many and a lot are on the verge of bankruptcy. but dryships, 130 million in cash. i thought that's amaze forge a stock, one foot in the ground and the other, maybe they're going to come out of it. stuart: full disclosure, i own some dryship stock. bought it years ago at the high

and it's gone all the way down. i have never taken the tax loss yet. and as everybody knows i've got a little of that stock. >> aing-- a leading indicator, if you're moving stuff. stuart: amazon with a new grocery store pickup service, what do they do. liz: basically they're test driving it now. the big play, 800 billion dollar grocery market, one number stuck out. one in five millennials shop on-line and when you shop on-line you tend to spend more money. so the projection is they're background to build out four times the number of trader joe's, amazon grocery stores, and you swing your phone and there could be cashierless and could basically, 15 minutes, you get your groceries, you drive up and they bring it to your car. stuart: and that's it. ashley: that's the pickup. stuart: you drive up, ordered already, pick up, open the trunk. >> the amazon employees do the

picking, just like on-line, it's ready for you. stuart: casino stocks did get a pop yesterday because the raiders are moving to vegas. that's by the nfl. and they think they'll draw more fans. do you think that's going to happen? >> the casino play here, if they're moving to las vegas will the nfl finally soften their stance toward gambling on l mes throhout the country? they already say we're following the law, we don't like that, the casino stocks are saying, well, maybe they'll soften up. stuart: it seems to me, the thin reed to pop up casinos and a few nfl fans will go to vegas, watch a game and-- >> you go to the games, people travel, people travel to the games and it will give them a boost, but it's still all about macao, that's true. don't forget television exposure. there's a lot of people--

vegas, haven't been there in a long time and let's go. i think they'll pick up business. liz: roger goodell says no better. stuart: you can bet on a football game in las vegas. >> yes. stuart: but nowhere else. liz: no one is really-- betting is going down in vegas. stuart: we're down only 30 points. apple is at an all-time high. apple is an at 144. well done, everybody, great coverage. charles payne, you're already and dr, you, too. thank you, gentlemen. we're down 30 points on the dow jones industrial average. president trump says we'll take a deal on health care taking that message directly to republican and democrat senators. the question, what are the democrats prepared to give? which tax will they cut? more varney in a moment. ♪

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managed by humans, not robots. before investing, carefully read and consider fund objectives, risks, charges and expenses in the prospectus at thriventfunds.com. right, down 40 points for the dow industry. 26,500. there's a poll from reuters and they tested markets and the respondents to the poll expect dow to hit 21,050 and they're positive on the market. a wonderful story for you, a quadriplegic man now able to his hand and arm, how. liz: first time thought technology. he has more than three dozen electrodes in him. the electrodes record the activity of the brain neurons and generate signals that tell

another device to move the paralyzed limb. he's paralyzed for eight years. and you're looking at science ficti fiction, and it's the first time you've seen a quadriplegic move his hand and arm. stuart: you've got to translate signals to action in your hand. ashley: which makes it-- >> revolutionary. ashley: using downloading and uploading thoughts, doesn't seem so farfetched now. stuart: i love that stuff, i really do. uplifting in the extreme. coming up now, tim ryan democrat from ohio, great to see you, welcome back, sir. >> thanks for having me. stuart: as we always say, we think of you as a moderate, a moderate democrat and i've been looking at your notes and you say you want to work with president trump on the big issues, health care, tax reform, infrastructure. you want to work with him. so, before we get going on this, would you tell me one tax

that you would cut or fully repeal? >> i think that we could dramatically reduce the corporate tax rate. it's too high and we've got to make sure that we can close the loopholes. i don't think that we can be competitive if we have a high corporate tax rate. that's one we just kicked off the microbusiness caucus yesterday. pat teabury from ohio and i, we also need to look at simplification for businesses. we've got to simplify it. stuart: and i haven't heard a democrat say, yes, i'd cut the corporate tax. well, we have to. we have to. stuart: yes, i'll agree with that. yesterday, speaker ryan says maybe the no votes have been

converted into yes votes. and there is a possibility to reform obamacare. which parts of the bill could you support? could you get on board in the house of representatives if that bill were resubmitted? >> not the previoubill, th bill was nasty, varney, that bill was-- >> what would it take for you to get reform? >> we've got to make sure everybody is in the tent. the way to drive down premiums, everybody have a doc instead of stumbling into the emergency room and costs us thousands and thousands more than if we could give them a $20 prescription with preventative care and the bill they presented were knocking people off the road. i'm for getting rid of the cadillac tax, i don't think we need the device tax on there. we need to find other ways to find revenue. we need to expand coverage, we need to front load the system.

we now have a disease care system. we wait until you get sick and spending money taking care of it. we need to frontload it and do prevention and there's about $100 billion a year, varney, in overpayments, missed payments and medicare and medicaid program. we've got to look at how we streamline that as well. stuart: the president said he wants to reach out and work with democrats. now, when you stood for election as leader of the house, minority leader of the house, you were beaten soundly by nancy pelosi. >> no, no, you've got to remind me, varney? i mean, come on. stuart: you've got 30 or 40 votes as i recall. >> 63, but counting. stuart: i'm sorry, 63, i'm very sorry, sir. you got 60 votes. does that imply that maybe there are 30, 40, 50, 60 house democrats who would indeed work very closely with the trump administration? >> i think it means that there's a lot of people in our caucus who want to be

constructive, not obstructionist, and that's an important distinction. we want to find areas-- we've got to forget about the personality. obviously, donald trump is not into reaching out and he hasn't called many democrats, you know, he's tweeting, he's bringing up the most divisive issues to make it really hard for a lot of democrats to work with him, but we want to solve problems. our constituents need a raise, our constituents want to go back to work. our constituents want to be able to afford health care. our constituents are looking for a way to parcipate in economy that has disoriented everybody. you know, we're reeling, we don't know what to do. we want to solve those problems. ap the president needs to be constructive and put down the twitter, and leech out and try to find ways to get our folks back to work. and we'll stand ready to try to help. stuart: congressman, we appreciate you being with us, sir, much obliged. >> thank you, varney. stuart: another big guest

coming up in the 11:00 hour, kevin brady, he chairs the ways and means committee. the man who rewrites the tax code. i'm going to press the question. are you really going to give us tax reform by the august recess? that's coming up in our 10:00 hour this morning. >> check the markets, please, we've got a lot of red there, down 50 points. only five dow stocks that are up as we speak. happening today, the live action presidency on the agenda at the white house, the opioid epidemic, talking about that in the 11:00 hour. more varney in a moment. that's why a cutting edge university counts on centurylink to keep their global campus connected. and why a pro football team chose us to deliver fiber-enabled broadband to more than 65,000 fans. and why a leading car brand counts on us to keep their dealer network streamlined and nimble.

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>> oh, this is breaking news, all right. the senate, the full senate will vote on judge gorsuch, i believe, at the end of april. liz: april 7th, according to mitch mcconnell. stuart: that's important, april 7th, why is it important, judge napolitano. >> stuart, because the supreme court is prepared to release its decisions, the second full week in april. if there are four to four ties in the decisions and judge gorsuch joins before the decisions are released, even hours before the decisions are released, they can redo them and revote on all the four to four ties. stuart: and mitch mcconnell

says he will be confirmed. which means the 50 or whatever votes. >> and also the reason that chuck schumer wants to delay because he'd like the decisions to come out. once they're out, they're not going to be redone. stuart: breaking news of importance. judge, stay there, and i ask you the following question. president trump is going to announce a new task force to tackle the opioid problem, announcing that today. judge napolitano, what can the government do about the opioid epidemic? >> very little, very little for the federal government to do. this is a problem, actually chris christie, who is going to be the head of this opioid task force can do more as the governor of new jersey than he can as the head of the task force because this is a decision between physicians and patients, and it's a problem with overprescribing. i tell you a story, the late chief justice ll rehnquist was once arrestedrivinhis own car for dwi. he wasn't drunk. he took a percocet before he got into the car and didn't

realize the effect it was having on his driving ability. he wasn't charged with anything, but it began the public awareness of how the innocent overprescribing or innocent overusing of this can have catastrophic consequences. what can the government do? very little. it's up to physicians and patients. stuart: extraordinary news on the supreme court, the timing. glad you brought that to us, judge. >> of course. stuart: we will have more varney in three minutes.

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stuart: we are living in a world of political hysteria. there is a great deal of noise surrounding this new president. ignore it. don't let hysterics distract. we've never seen anything quite like this before. donald trump beats all-comers to become the 45th president and appoe plex sy breaking ought all over. democrats announce undying

opposition to all things trump. department stores withdraw his daughter's products. boycotts organized. violent demonstrations prevent trump supporters from speaking. he is compared to hitler. the word impeachment is used by otherwise sober democrats. it is easy to become distracted when this hits you in the face every day. consider this, please, the trump presidency changed the mood of the country. just yesterday that report that consumer confidence hit the best level this century! that was of course buried. small business optimism at a decade high. the economy is growing at a faster clip. well-paid jobs are being created. investment in america is soaring and as you've seen on this program, this president has stoked a stock market rally that is vastly increased our nation's wealth. you would know none of this if it your source of information was the establishment media. you would have been distracted and misled. don't be. ignore the noise.

concentrate what that live action, non-stop president is actually doing. the second hour of "varney & company" is about to begin. ♪ stuart: all right, this is breaking right now. reports of an incident near capitol hill, possibly shots fired. police of course on the scene. and armored vehicles are responding as well. capitol staffers are being advised to avoid the area. we're told a suspect is in custody. all of this coming to us from the local fox affiliate. obviously more details when they come in to us. as for the market, the dow jones average is down but not much. 30 odd points at this hour. all-time highs for the stock price of amazon, which is at 864. also for apple, earlier it

reached 144. all-time highs for big-name stocks. drugmaker vertex says its cystic fibrosis treatment succeeded in late-stage trials. the stock is the leadingainer in the s&p 500. look at that, up 24%. how about the yield on the 10-year treshtry? that is an indicator of future growth. 2.39%. remember it was 2.6%. we have grace marie turner. speaker ryan said healthcare may still be on. some no votes became yes votes. i need you to tell us as an insider who has been following obama care for all these years, you have to sell us, are they going to resubmit that bill or any other bill in the immediate future? >> you know after the devastating, incomprehensible loss on friday, the members came

back yesterday and they had a private meeting, members only, yesterday morning for an hour and 45 minutes and they realized what a mess they had made, not only of the health care agenda but of their entire agenda. they all pledged to each other they are going to come back together to figure out how to make progress. i do believe they will have to make major changes because when you see the freedom caucus is still hell bent saying they have to take out the regulation and they are willing to give up a trillion dollars in tax cuts, more than a trillion dollars in new spending and the platform to make tax reform easier, to keep, to make sure they can get rid of the regulations, which they can not do through the reconciliation process. the being sill ages vehicle is still there. they're not going to be able to get those through the parliamentarian and not eight votes in the senate to do it.

there seems to me an intractable barrier being able to move forward unless they come up with a very different approach, stuart. and -- stuart: that's interesting. basically i think i'm reading between the lines here. you're throwing cold water on the idea we'll get any kind of bill or submitted or resubmitted into the immediate future? >> i think it is going to take some time. they do believe, they know they have to do this. there is talk on the senate side coming up with a bipartisan solution. i think there are ways to do this by allowing the states to have the resources to be able to reform their markets. they can be the ones to decide what regulations they want or do not want, being able to devolve this down to the state level may be a solution that allows everybody to find common ground but that can happen overnight. that will take some time. stuart: that is a problem for investors because as you say it is going to take some sometime.

>> that's right. stuart: if it does take time, that mea tax reform, to veors is much more important than hlth care reform, excuse me, is pushed off. i don't know whether it is weeks or months but certainly pushed off, bearing in mind what you're saying? >> i think what they're going to do, use easter recess, they have a couple of weeks in april, where if they can come together around some broad agreements between now and the end of next week, then the staff can write legislation, they can come back after a cooling-off period. one of the things they all realized, stuart, that they have made a mess and they have to fix this, not only for the country but because they could lose their seats in 2018 if they don't go back to the voters and say they succeeded in the repeal and replace. so they have a vested self-interest, which is a good thing. i believe maybe after the easter recess they can come back around a new ideas. there are a lot of meetings on the hill this week.

i'm participating in many of them, about what can we do on a policy basis to really change the conversation but still get those basic folks of providing coverage for people who have it now. stuart: okay. >> a bridge to news coverage and cutting taxes. stuart: i want you to come back to us after you've been in those meetings. you have to tell us exactly who said what but i want to hear any progress getting something put before congress even if it is just after the easter recess. come back please, be our reporter,. >> i will, stuart. stuart: thanks indeed. i want to ow you this. this ia poll from the university of california, berkeley. it says 53% of california democrats want their party to work with president trump. i'm going to repeat this. this is 53% of california democrats who want their party, the democrats to work with president trump. i am shocked. i am floored. there you have it. look who is with us, lee carter,

knows a thing or two about public opinion. does that surprise you? it blows me away? >> it is surprising but in some ways it is not surprising. in the rest of the country i think that number is much, much higher. part of the reason president donald trump is president today because of gridlock and people not coming together. donald trump said he will get things done. enough of politics as usual. i think people respond to that. when we see the -- how we work together, how he will make deals, how he will compromise, get things done, that is part of his popularity or success. to see this kind of number out of california is surprising. my guess if we looked across the country, we would see please, guys, enough of the nonsense. please work together. get things done for us. stuart: that is a california poll. >> that's right. stuart: all across the country both from the right and the left there is a statement, work

together? >> even if it means compromising, people say get it done. this whole nonsense of filibustering, we'll not vote on this, not attend meetings it is ridiculous. we want you to work for the american people. it is right and left saying that. >> even the right, the right says even higher numbers, they're up in the 70 percentile, they want democrats and republicans to work together even if it means compromising. that is what this is all about. nobody is saying we have absolute answers. things are better when we come together. this divisiveness and division, people are tired of it. it needs to stop. stuart: well -- wait a second. what about the freedom caucus? ashley: that's true too. >> that is really, really good point. liz: she is right. people have had it. the idea of obamacare reform bill. it would never become law anyway. it would be reworked in the senate. just get it done. stuart: do it.

hold on a second, i have more breaking news for you. here it comes. fox news is reporting that police tried to make a traffic stop, this is in the capitol hill area. the driver did not stop. they tried to get him to stop. he didn't stop. one capitol police officer was hit with the car and police say the driver tried to run over several other officers. that is when the police force opened fire. the vehicle was stopped and the suspect was arrested. no word as to why police wanted to stop the vehicle. right now it is being described to fox news as a traffic stop turned bad. more details as they come on. but of course you can expect a significant disruption in the capitol hill area when this kind of event takes place. you're looking at it right now. and now this. britain's prime minister theresa may signs off on "brexit," triggering the official process. this is a letter that is going to the eu bureaucracy saying we're out. is that right? ashley: yeah.

it's a six-page document. it was delivered to the european council in brussels today and, basically it is a brief outline what the british would like to accomplish or the uk. they would like to negotiate the divorce and the terms of a new agreement in parallel at the same time, getting strong pushback from the e.u. saying no, we'll figure out your divorce, we'll build on that later. which of means the two-year time frame will be pretty tight. germans say that two years is quote, damn narrow. eu council president donald tusk said when he addressed, there is no reason to pretend this is a happy day saying to the.u., thank you and good-bye. there was veiledhreat in the letter from the uk to brussels saying if you don't do a deal with us, we have to default back to the world trade organization methods of negotiating. that means our security links may not be as strong as they could be. in other words our security

forces, our intelligence services may not be so willing to share if we don't get a deal done. it is a veiled threat. stuart: no impact here on anybody in america but down the road there could be? ashley: yes. stuart: we're about to show you pictures taken from a cyclone in australia. the storm by the way is named debbie. it caused significant damage. that is the view from space. you're about to make out the little eye hole there. there is some of the damage. that is earlier in australia. coming up, president trump's epa administrator will join us. he is the man in charge of rolling back president obama's climate change agenda. that is what he is doing on the show. as president trump focuses on attacking the opioid epidemic. we'll tell you how doctors could be the very heart of the problem. it is all in our second hour of "varney & company" which is now in progress. ♪ [phone ring]

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stuart: 45 minutes into the session this wednesday morning and we're down what, 40 points, 20,657. a lot of red on the board. there are no huge declines. 3/4 of the dow 30 on the downside we speak. remember restoration hardware? they have given rather upbeat guidance so we did have some green arrows there if you caught it fractionally. how about dunkin' donuts or dunkin' brands, the parent of baskin-robbins. goldman sachs says sell that thing. apparently people are. it is down 2%. how about this. john podesta is former chair of hillary clinton's campaign. here is the quote.

extreme indeed. make no mistakes the trump administration rampage against the environment presents an existential threat to the entire planet. we can not give up hope we can avert the most severe aspects of climate change. joining us with the man responsible for the destruction of the entire planet, scott pruitt, epa administrator in the trump administration. i know you're laughing. >> what a lead-in that was. stuart: i was being generous, what can i say, sir. >> very, very generous of you. stuart: you've got a plan to roll back many, many of the obama era climate regulations. we've seen that. i put it to you, that it will be delayed because the environmentalists, the greens will go to court at every conceivable opportunity, appeal and appeal and appeal. we're looking a very long-term rollback of obama's plans, correct, sir? >> well, when you look at the litigation historically though, stuart, the litigation that has

been brought against this agency historically, really was based on a couple of things. one deadlines that were not met, that were in statute or two, the agency acting outside of the authority of congress. so here, you know what we're saying is, there needs to be a much more humble view how we approach this issue. are the tools in the tool box within the framework of the clean air act. it will be difficult, i'm more sanguine about that than you are because when you look at our authority, courts should respect an agency and executive branch and federal government doing that which congress said they can do and not trying to exceed that, reimagine their authority, if you will. we'll see how it goes. obviously it will be litigation. it will be time-consuming as you indicated. these rules are drawing back, it is not complicated to withdrawing them. i have to have a reasoned basis. we have a supreme court stay

against the clean power plan. that is good way to use resources here at epa to get it right in the future. there are reasons we can roll back and roll it quickly. stuart: a lot of people were disappointed we didn't flat-out withdraw from the paris climate accord, we're still in it. why? >> that is a state department decision, number one. i have spoken in clearly what happened in paris was a bad deal for the country. what we agreed to with the paris accord, we had to take steps domestically to address co2 emissions while china and india did not until 2030. that cost us jobs that was a bad business deal. we should exit the paris accord in my view. the enforceability of the agreement is questionable. it was not a treaty. as such i think the steps were taken domestically are far more

important to be pro-jobs, pro-growth, pro-environment than were taken in the lasted a administration. stuart: robert murray who runs a big coal company. he is on record saying that you, the epa, and what the president is trying to do for the coal mining industry, quote, can't bring mining jobs back. that is what he said. i suggestedded that he temper his expectations. these are my exact words. he can't bring them back. referring to coal-mining jobs. what say you, sir? >> wl look, marketwill determine -- wused to see 40% of our electricity being generated through coal generation. we're now in the low 30s. look what happened the last several years with coal. they have been under regulatory assault. you had the lasted a administration say there was a war on coal. that ended yesterday. when you have a war on any particular sector of our economy, that affects investment. it affects a long-term view whether investment occurring. that changed yesterday. so i think we're going to see a very positive. coal is still reliable, stable

source of generating electricity. it is cost effective. it will compete alongside of natural gas and other forms of generating electricity for the first time in a long time by ending this regular aer to assault. we'll see what the markets do, stuart. i'm more optimistic we'll see recovery in the coal sector than others. stuart: scott pruitt, epa administrator, thanks for joining us, the man responsible for killing the planet. i'm astonished you're on the program, sir, really am, shocking. >> thank you, stuart. stuart: welcome back. please come again. sorry. coming up president trump hunkering down today working to pass the republican health care plan. we hear he is working the phones. what is different, what would be different this time? stay with us, please. no matter how the markets change... at t. rowe price... our disciplined approach remains. global markets may be uncertain...

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stuart: this is intriguing. we have reports that the dnc is cleaning house, i mean really cleaning house. the committees leaders have asked all staffers, all of them submit your resignation, please. what is this all about, lee carter? >> i have no idea. ashley: back to you, stu.uart: . >> i know i can't do that. this is really unprecedented, their messaging is to suggest, this is typical when somebody comes in you asked people to resign. you do clean house but do not ask for the resignation of everybody. do you ask for resignations or lay them off. what is going on? stuart: may i suggest i know what is happening here. they want to sweep out the old. they want to bring in thnew, point it even more to the left because the dnc tilted towar the right towards hillary in the election. the left was really mad about it, bernie sanders.

out go the old guard. in come the new left-wingers. am i right or wrong? >> you have got to be right there. this would not have been surprising if this were to have happened after -- this would not have been a surprise if it happened after. the questions were leaked to cnn you wouldn't have been surprised after all these other incidents have happened of the fact it is happening right now. it suggests it isn't about improper behavior. trying to shift the whole idealogical of the organization. you're absolutely right. any suggestion this is something that normally happens, i call hogwash. stuart: you gave me every anchor's nightmare because when you're sitting here, you say, what is going on, and someone says, i don't know, you have got two minutes. two minutes to fill. you have to tap dance. but, lee carter, you came through, thank you very much. >> great to be here. stuart: check that big board. we're down almost 50 points. okay, this is important.

coming up in the next hour, few minutes from now, we'll get oil numbers for you. that could affect the market. in our next hour president trump starts a meeting at white house. this time he takes on the opioid epdemmic. we'll take you there when it happens. remember oil numbers more important than usual, coming up in a moment. ♪ yes?

please repeat the objective. ♪ thrivent mutual funds. managed by humans, not robots. before investing, carefully read and consider fund objectives, risks, charges and expenses in the prospectus at thriventfunds.com. stuart: update you on the situation on capitol hill. fox news is reporting that police tried to make a traffic stop. the driver did not stop. one capitol hill police officer was hit by the car. police say the driver, female,

tried to run over other officers. that's when shots were fired. that's where it stand it. was a routine traffic stop that went bad. dow industrials down at this point 50 odd points. let's see if that is affected by the number which i'm about to give you. i'm just waiting to collect this number. it is about how much oil we've got in storage. as we're getting numbers, the price of oil, $48 per barrel. tell me, liz. liz: liz: up less than expected, 857,000 barrels. look at this number, the u.s. has 533 million barrels in oil in storage. that is more than half a billion barrels in storage. stuart: so we're swimming in the stuff. the glut is not gaining that much ground at the moment. just 800,000 more barrels in storage. liz: that's correct. stuart: the price is holding at $48 per barrel. i am surprised.

you would have thought with a glut like that, 533 million barrels in america, you would think the price comes down. liz: they're worried about disruptions in libya. that is the story. stuart: i would have thought 533 million barrels is one big cushion. what do i know. $48 a barrel. got it. for the market, we were down 50 for the dow. we're down 40. maybe something to do with the price of oil there. all-time highs, this is much more important, all-time highs for apple. it reachedded 144 earlier. amazon at all-time high, 8 67 bucks per share. speaker paul ryan says the republican health care plan may still be on. he implied that yesterday. charles hurt joins us now. he is washington political columnist. he joins us. a fox news contributor as well. that's important. charles, welcome back. good to see you, sir. >> good to see you, stuart.

stuart: do you think we'll get either the old bill resubmitted or a reworked new bill submitted in the immediate future on health care? >> i think there is no doubt republicans will continue to work behind the scenes trying to get something done. certainly donald trump will try to get something done. this is where i think, stuart, this is a very important moment for president trump. president trump has gone after the freedom caucus, the conservative republicans in the house, who didn't like the bill, who voted against the bill because it was, you know, let's face it, it was obamacare light. it was not, it was not as bad as obamacare but it was still a new entitlement the federal government can not afford, that the american public can not afford. he went after them. the real, the real culprits here though, are all of the democrats who gave us obamacare the first place. then refused to vote on something to help fix the broken obamacare. and, i think it is imperative that the president go after them

as opposed to the principled conservatives in the house who didn't like the bill because they didn't like it. stuart: charles, he is not going after them. >> no, he is not. stuart: last night at the white house there were republican senators, democrat senators with their spouses. they were at the white house, and the president stood up and held the mic said we'll get a deal done. he was talking directly to the democrat senators, outreach. we'll get a deal done. this is the easy one he said. >> actually i think it's a good idea to reach out to democrats and to do everything that he can to try to listen to them and do more than barack obama ever did in terms of listening to republicans. but, he still has to blame them. they're the reason that the bill would never pass the house. and they're the reason it would never pass the senate because democrat, not a single democrat would dare cross their own party lines, cross their own party leadership and actually vote for something that fixes obamacare. that is atrocious.

stuart: that tells you that the democrats are better at politics, raw, rough politics -- >> you think? stuart: than republicans. that is true. >> i totally agree. when you look back at the more than 1000 seats the democrats have lost over the last eight years, it has nothing to do with the fact they're bad at politics. they are not. very good at politics. they're very good at messaging. their policies are so terrible, despite the fact they're so good at politics and messaging they still lost all the seats. barack obama was only one that managed to keep winning. stuart: i don't know why i'm winning, despite it all. the bottom line here, i want to keep track of the big picture. this is a financial program. investors want tax cuts. they want that program to be spelled out. what it seems to me is, we've stretched it out. we have lentenned it out -- lengthened it out and there is no no way around that. what say you.

>> my hope is that president trump and learns from obamacare, this latest failure, you have to go big on tax cuts. you have to find something you can get conservatives and moderates to get behind in the house, among republicans, and go big. do something dramatic. and he proved that. i mean that is the lesson of his entire election. if you go big, you go bold, you get rewarded. people like that. people are willing to do that. they're willing to take a risk on something big because they're so unhappy with the way washington has run things the past 15, 20 years. stuart: we have kevin brady chair of the house ways and means committee on this program in half hour. that is precisely what i will ask him, are you going to go big, are you going to go bold. i will say you told me to ask the question. charles hurt. thank you very much, sir, appreciate it. >> thank you, stuart. stuart: the president is expected to create a task force, later on today, a task force, designed specifically to combat

the growing opioid crisis. fox news medical correspondent dr. marc siegel, he has been on the show before saying it is, partially it is doctors fault for this epidemic. i have a quote from his latest article in the "wall street journal" here is the quote. four out of five heroin abusers started with prescription painkillers, presumably, given by a doctor. marc siegel joins us now. i take your point. you have made your point very frequently on this program. what can the government do about doctors who are overprescribing painkillers? >> they can do a lot. stuart: they can? >> first of all, it is a two-tiered problem. let's of course stop the flow of illegal drugs across the border but as you said -- stuart: that is not opioids. >> that is heroin. half of the drug overdose deaths are heroin. back to your point. they get it in the doctor's office, stuart. here is what you do in the doctor's office. 50% prescribing opioids are

primary kay doctors prescribing like me who have no business. i see somebody with back pain. i may not know what it is to diagnose it properly. patients give me something. give me something. i give them percocet and tylenol and codeine, next thing i know they're asking for more and more of it. i can't stop the parade and i still don't know what the back problem is. stuart: isn't there something else not addictive you can prescribe in place of opioids, isn't there. >> absolutely. many other things. most of the time it is muscle spasm. something like xanaflex. it works if it's a muscle spasm. i can get to the other medications. things like neurontin, advil, physical therapy. there is heat. there is chiropractic sometimes useful, manipulations. there are so many different ways to approach this before you get to opioid. i tell you the first point, opioids don't work.

they mask the symptom. they're not getting to the underlying inflammation of muscle and bone. stuart: what the patient wants is pain relief and they want it now and opioids give it to them. they will say to the doctor, give it to me, because i want i, i'm dieing pain here. >> i give you one thing that works, i still don't like it, if i inject the back with steroids and pape killer it will get to the pain. the problem with injections, they wear off too but a heck of a a lot better than open boy owed letter is. acupuncture works. losing weight works. heat works. physical therapy works. primary care doctors are the culprits. we're not supposed to be pricing this at all. some states are cracking down. in new york state i have to go online. i have to put my name, do it electronically. we're killing people. we are killing people, stuart. stuart: cannot we bring lawyers in to sue the lawyer to

prescribed too many opioids or sue makers of opioid in the first place? is there something wrong with that? >> i think cutting down on pharmaceutical companies making some is number one. doctors of course, should be policedded. on this show we talked about new jersey doing just that. 31, because here is the big point. most of it is done by just a few of us. there is one guy in new jersey prescribing allegedly more than 60,000 opioids for patients he hasn't even seen. parents, begging another doctor, begging them, we know our child is a drug addict. please stop prescribing this stuff. these people should have their licenses taken away, maybe put in jail. stuart: that is your primary answer, go after the doctors who are overprescribing improperly prescribing, that is the main point here? >> as governor christie said, let's get treatmencenters working. we don't have enough beds. when you have a problem, take care with peer-to-peer

counseling. 12-step programs. get families involved. all of that is true. prevent the problem in the first place, let's get to the doctors, police the doctors. stuart: i hear you, doctor, that is a serious problem. thank you, dr. siegel. >> thanks, stuart. stuart: casino stocks had a nice pop yesterday. why? would you believe because the raiders are going to move to las vegas and play there? that move was approved by the nfl. that is expected to draw a whole new base of football fans going to las vegas and actually going to the casinos. that is a stretch to me. what do you say? ashley: a little bit. steve wynn says it is a game-changer. he was big wynn resorts there. eyeballs from television, more people coming to town, creates more excitement. he could be kind of you know be wishing rather than basing it on fact? you know what? it could be a good deal for vegas, we shall see. thanks very much indeed. we're about to show you video. wait for it. golf ball-sized hail falling in

northern texas and southern oklahoma. see that? ashley: oh, my. stuart: those are splashes made by could be golf balls but could be hailstones in a swimming pool. 60 mile-an-hour winds. severe flash flooding. 200,000 people out of power. some location report of hail the size of tenn balls! this pretty bringing. that would hurt. he replacing obamacare, front and center on capitol hill. president obama will work with many did kratz to negotiate it. this is the live action presidency. we are on it. back in a moment. ♪

♪ ashley: legendary golfer greg norman joined us on the set earlier. guess what, he is a fan of president trump. listen to what he had to say about that. roll tape. stuart: what you're saying is, there is growth in america's economy? there's growth in various parts of the world and trump has something to do with it and you're cashing in on it? >> yes, cashing in because we're allowed to. we're hiring more people right? stuart: sure. >> on top of that we're starting to see trillions of dollars offshore starting to come back slowly, not to the magnitude of hundreds of millions of dollars in my business but smaller increments.

that is telling you people are starting to reinvest into america. ♪ at crowne plaza we know business travel isn't just business. there's this. 'a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly.

stuart: very modest loss for dow industrials. not much of a comeback today,

down 30 points. look at that level, 20,669. remember on election day? 18 three. we have comb a long way. evangelist franklin graham criticizes both parties on health care. here is what the reverend graham wrote on his facebook page, i'm quoting directly. listen please. doesn't it make you sick. i'm disappointed in the republican party again for not working together to get the health care plan we need as they promised and democrats glee what they're trumpeting as a failure is shameful. well the reverend franklin graham is here. we were talking about the correct form of address. i can't call you franklin. >> that is my name. stuart: so is the reverend, that is your title. you i will give it to you. >> thank you. stuart: it makes you sick, that bad? >> it does make you sick. washington is dysfunctional. it needs to come together because all of us as americans are suffering. obamacare is not going to work.

we do need some kind of health care reform and republicans have to work together. you're going to have to get some democrats to work with you, otherwise it will not happen. stuart: the principle disappointment rejection of that bill, was the principle disappointment on your part that it restored obamacare or it failed to defund planned parenthood? >> well i mean, planned parenthood, i don't see why we give a penny to that organization. that's another issue. but it is the republicans not working together. the republicans didn't even come together to support trump in the campaign. they were all, all over the place. stuart: you're a trump guy? >> pardon? stuartyou're a trump person? >> i did not sport any candidates. you i stayed out of it. i ow donald trump and president trump. i like the man. i think what you see on television is the same person you see with him privately. he is the same person. he is not a politician. i find that very refreshing. stuart: yeah. >> but the health care issue is

a big issue and i work in health care. i've got a hospital right now outside of mosul in northern iraq. it is a trauma hospital. we're 11 miles outside of the city limits of mosul. we have people shot by isis every minute of the day. we're taking care of them. we have 60 doctors and nurses in this trauma hospital. the only trauma hospital in northern iraq. when you look in history the church took care of sick, and not the government. the government has taken aware from the church health care. in the last century, the church provided for health care. stuart: i'm reading between the lines. sound like you want to go back to the time where medical assistance for the poor was provided by charity, primarily the churches? want to go back to that? >> you had great catholic hospitals, baptist hospitals, methodist hospitals, all across this country. it was the church historically that cared for the poor and took

care of the poor in this country. stuart: do you want that again? >> of course. stuart: would it work? >> if you want to look at government funded health care, look at the va that what you get with the goverent takes over heth care. nobody wants the va you go to a catholic hospital today or go to presbyterian, methodist hospital, first class. stuart: is there enough money available to church-run hospitals and medical facilities? if you withdraw the government from providing health care for the poor, we're spending $600 billion a year on medicaid, you withdraw that, and you make it the responsibility of the churches and charities? >> i'm not saying withdraw it but i would put churches in the lead on this, not the government. the government, they make, they make can't run it, put it that way. they have a very hard time running va you want to give them more to run? no, it shouldn't be done. stuart: we hear you, reverend. i have to ask you, you have a movie about medical missionaries. >> again medical. it has to do with ebola.

this is in liberia, with dr. brantley got ebola, one of the doctors that worked with me in liberia. he got ebola. this is story how god saved his life. dr. brantly is alive because god saved his life. we had our cameras there. we were filming this. this isn't actors. you're watching the real deal as it unfolded in liberia and how god saved his life. stuart: coming out thursday? >> it is "facing the darkness" is the movie. go to the facing darkness.com. it is website and put in zip codes and show you theaters showing in your area. stuart: facingdarkness.com. give best wishes of our viewers to your good father. >> i sure will. stuart: thank you, reverend. we are coming back. we were down 40, 50, 60. now we're down 30. 20,670 almost. up next, something a little

different. why you the varney viewer, think i should write a book. really? we'll be back.

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here is some comments. first of all, this came in from chris. stuart varney, you are a very interesting person and you should write a book. please forgive me if you already have, but i think your story of becoming an american and growing trees on your farm is relevant in today's world. you travel around the world too? please think about writing a book. from rob, wow, stuart hitchhiked around the world four years, amazing. just a request, can he post a few pictures of his adventure. no, rob, i can't. ashley: i would love to see a picture of you with a thumb out in rural dessew late road in iran or after friction can. stuart: i hitchhiked in iran. i was picked up by two young are french man. i stayed with them for three weeks. you remember those little tiny things? we went up to the afghan border. those were the days. liz: you should right a book.

stuart's hitchhiker's guide to the galaxy. you're always going thumbs up. why and how many countries did you go to? stuart: why? i always wanted to travel. i got the bug. when i was a kid, i looked at maps all the time. that is why i know so many capitals of various country. >> liz: how many countries? stuart: 63. what i ended up. i was in africa, kenya, tanzania, uganda. every european country. turkey, iran, afghanistan, pakistan, india, nepal, burma, malaysia, singapore, indonesia, australia. i lived in hong kong for a while. ashley: that is a lot of hitchhiking. stuart: dollar a day. ashley: as liz pointed out you were single. liz: who would want to date you taking off all over the place. [laughter] stuart: we'll be back. r how dusm or how high the pollen count, flonase allergy relief keeps your eyes and nose clear. flonase helps block 6 key inflammatory substances

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stuart: in a moment will be joined by the man who is at the center of debate, kevin brady. he chairs the house and ways means and organizing the president's tax reform plan. now before, step back a little. let's get the grips with the importance of this moment. we have not made any significant change to our tax code in a generation. ronald reagan did it in 1980's, tax reform was key to his success because it unlearned america's economy, it drew dramatically. the great communicator layed the ground work for a generation of prosperity. in the years since tax rates went back up, new taxes were imposed and the economy went to sl we are still stuck at 2%, very weak. above all else, we need to shake off and focus on private sector

which is the engine of prosperity. that means less tax, less government. now more than ever we need a tax code that encourages private enterprise, isn't that what america has always been about? this is quite a build-up for kevin brady and we are going to press this question, are you really going to give us tax reform by the august recess? third hour of varney & company is about to begin. ♪ ♪ ♪ stuart: yes, another jammed packed hour for you. congressman kevin brady, newt gringrich and goldberg and we will have judge napolitano as well in this hour. let's get breaking news right now. president trump is meeting with the commission on opioid

addiction, we will bring you any news from that meeting. that's what it is. a meeting in the white house. we will bring you the news when it becomes available to us. the dow is right now down 45, 46 points, look at the level, 20,655, 2,300 points above where it was on election day. president trump confident that a deal on health care will be done. that's what he was saying last night. look at the price of apple stock. it's still near an all-time high, one analyst quoted the day says maybe that thing can go up by 40% over the next few years. earlier it was 144, new high. look at facebook, it is letting people post pictures and videos that disappear after 24 hours. copying snap for the fourth time. all right, casino stock, they have a nice pop yesterday, why, because the raiders football is going to las vegas, expecting to

draw a new fan base that may boost casino attendance and all of those stocks up again today. let's get back to my take top of the hour, congressman kevin brady, republican from texas who chairs the very important house ways and comeens -- comeens -- means committee. [laughter] >> i do. stuart: are we going to get a tax reform bill in front of the president for him to sign by the august recess? >> we are going to get it done this year. stuart: okay. >> i don't always set timetables and deadlines, that's the timetable we are moving for in the house. clearly, i think, the message here, we are focused on tax reform and so the president and going the take unified effort in the house, senate and the white house to get this done.

stuart: what are the chance that is we resubmit and submit something else? can that be done in the immediate future? >> well, here is my thinking. we have moved onto tax reform while we've always run that second track and never stopped working on it. now we are devoting nearly full time there, but we are hope and should be to ideas from those who couldn't get ts and want to do significant health care reforms, control, restore the free market, we should be open to those ideas but clearly the main focus is on tax reform. stuart: but we cannot get to tax reform -- of course, we can get to tax reform but holds it up, if we are still messing around with health care and we can't get rid of the obamacare taxes within obamacare taxes, then that effects hacks reform going forward, doesn't it?

>> we are not going and stay with obamacare replace and repeal. it would be that we repeal and replace obamacare but that doesn't preclude us moving forward now. stuart: people say you have to go bold on tax reform. >> you do. stuart: the president has to do something dramatic to get his mojo back. corporate taxes down, individual taxes down and whatever else you have in there but it has to be big and bold. would you promise is that? >> yes, we want the lowest rates

on business in modern history and we want to redesign the codes so our companies can compete and win and you put a tax code for families -- stuart: okay. that's calls bars and tone in the tv. that was an ugly interruption but we are back with you. >> well, i'm sorry. when did i lose you? >> literally five seconds ago. >> a few couples, better than reagan style reforms on the economy with the simple fair postcard and leap-frogging america back, you are going bold. that once in a generation opportunity, we take advantage of opportunity. stuart: here is the sticking point, the border adjustment tax which will bring great deal of renew and help pay with corporate cuts but it's a sticking point. a lot of republicans do not like it. >> look, what's driving that is

this is what our competitors use to defeat us so we have to mask them in a key way. one of the biggest advantages of that, maybe the biggest driver of border adjustability is to get rid of incentives for american companies to keep moving jobs and manufacturing overseas. we are alrea contemplating significant modifications to that. we are going to work with the president and the senate to make sure we not only have bold growth and low rates but we've eliminate any incentives to move jobs overseas. i'm confident if people will be open to new ideas and how we approach this we can get it done. stuart: the president wants to outreach to democrats. he said so last night both on health care and on taxes. do you think that's a viable strategy? i don't know many democrats who want to cut any tax. >> well, i will tell you, it is a good idea. we've already engaged the democrats in the house asking for their ideas, they know our rates are too high and they know

we can't compete and they watch companies flowing out of america. i will make this point, reconciliation which is the budget process to get around the filibuster doesn't preclude democrats from weighing in in a positive. look, i think the president is right to reach out, we certainly are as well. the goal is the most progrowth this year. stuart: do you still intend if you get that tax cut, tax reform bill this year, you still intend to back-date it to january 1st? >> our goal is to do that, to pack the most progrowth punch into this, that means moving the tax date backwards. some elements will occur on the day this bill is signed into law by the president because that will be the most progrowth. stuart: okay, how about capital investments and capital deductions -- >> that's one of the most

progrowth provisions here and unprecedented in history. it's going to unleash not only mainstream jobs but it's all about productivity. it's a key element. stuart: kevin brady, chair of house and ways and means committee that we will get a tax reform bill this year. >> yes, sir. stuart: march 29th. [laughter] thank you very much for joining us. >> thank you. stuart: we appreciate it. thank you, sir. the market did not move during that interview even though we are dealing key points. before the brady interview, we are right there now. a couple of individual stocks that are moving today. dave and busters, they come out with disappointing looking out to the futures, stock down 3%. we have weaker sales at sonic, that's a fast-food burger chain basically.

the stock however is up 6%. i'm not sure the reasoning behind that but it is up. stronger sales, forecast, at least, from the parent of restoration hardware, that's good enough for a 12% gain. now, i want to take a look at the border wall stocks. bids are due today by the way, more than 600 companies reporting very interesting in working on the wall. next up, a contractor who wants to work on the wall and his bid could block him from doing business in the state of california. how about that? you will hear from him in a mine

>> we are going to build a wall. believe me, we are going to build the wall. they will pay for thwall and they'll be happy about it. by the way, who is going the pay for the wall?

who is going the pay for the wall? stuart: all right, i know that you have heard that before, yes, president trump says méxico will pay for the wall. i've got it. by the way, bids for building that border wall are due today. our next guest is a private contractor who has, indeed, submitted plans to build a border wall. his names -- name is james flannigan. become to the program, good to see you. you're based in california, that's correct? >> that's correct, san francisco and i also do work in the sacramento area. stuart: you must know that there's a proposal in the state of california that anyone like you who bids on the wall cannot bid on any contract in the state of california? you must be aware of that? >> yes, sir, i'm aware of that and it's very disturbing.

>> stuart: what are you going to do about it? >> i'm hoping that me being on your show and trying to advocate for hopefully these other businesses to get together and fight this. i mean, this is a perfect example of government tyranny. this is basically our tax dollars that we pay to the state and our, you know, even our employees are being used against us and, i think, that's a perfect example of tyranny. stuart: hold on a second. your employees are being used against you, what does that mean? >> now, i don't mean my employees. everyone as a ole. all of these businesses, we have all have employees and basically, you know, we pay taxes here and we do business here and, you know, basically, you know, the politician that is are paid with our tax dollars are basically turning against us. stuart: okay, now, you have put a bid for what part of the building of the wall? >> well, i submitted a concept

to the wall, we haven't submitted any bids yet, basically it's in phase one, you're correct in saying it's 4:00 o'clock eastern time today is the deadline. at this point they'll be a down selection from there and then they'll be looking for prices, but for right now, for a company my size it's really a long shot. it's something that i wanted to try to be a part of and i gave it my best shot and we will see what happens. stuart: all right, james, tell me honestly, are you part of this for political reasons because you want to see the border wall built or you're very much with president trump, is this a political decision on your part? >> well, yes, sir, it is. it is a business decision. it would be an excellent opportunity for my company but i support our president 100%, i think the wall is a foundation of us rebuilding the country and this is something we need and it needs to be a powerful statement for us to basically stand up and start fighting for what we need to happen in this country to

start fixing things. stuart: i'm going to show you some evidence that suggests that maybe some of the people in california are actually on your side. i've got a poll and it comes from the university of california, berkeley of all places, it says, listen to this, 53% of california democrats want their party to work with president trump. james flannigan, i'm very surprised to see that. maybe there's some sort for your side of the argument. what do you say? >> well, i say i think they are right. i think that would be the right thing to do. i think the cities that are coming out and proposing to boycott companies like mine and others are basically hurting people that probably voted for him. i don't know if they really thought this through or they don't even care. i think -- what our president is trying to do is do what's best

for us and we come to a point in our history that if we don't do this now i think we are -- you know, we are going to be in a lot of trouble. i think we are out of time and i think if anybody in the right mind and has common sense should support his agenda and because he has everyone's best interest in mind. you know, we all want our own businesses and live the american dream and earn a living and support our families and hire people and provide good jobs, that's what i want to do and i know that's what a lot of others want to do and we just want a fair playing field to do that. stuart: james flannigan. the best of luck to you. we appreciate you being on the show. >> thank you. stuart: yes, sir. now, this, black rock, you know the name maybe, did you know they manage $5 trillion? guess what? they're going to rely more on algorithms, that is computer programs to make investment decisions rather than humans.e ,

ashley. ashley: somewhat of an industry belt weather and part of the problem is capital outflow. people are taking money out of their portfolios and what they are doing now is trying to go more high-tech using basically data and algorithms to replace humans. about 40 employees being layed off in numbers of businesses including portfolio managers believing going toward they are going to cut fees in some of other accounts but this is an interesting move to try and say, look, we believe the algorithms and data is improving to the point we can sell it better and get better results with human beings. stuart: they do better, they do better than a human being. ouch, watch out for that. maybe in terms of day trading, i can see that.

in terms of long-term investment, that's another story. liz: usually the pension funds are getting a crack at the funds. the little guy gets it. saurt -- stuart: today is the day that theresa may triggers the britain exit in the european union. why does that matter to any of us and our money? we will try to answer that question in a moment. i promise

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>> the united kingdom is leaving the european union. this is a historic moment from which there can be no turning back. we are georgia to make our own -- going to make our own decisions and our own laws. stuart: the brits are leaving in the next two years and negotiate an exit and then they are t. here is the question, what does that mean to us in america? does it mean anything for our money and markets?

ashley: if the uk gets a pretty good deal and eu is very weary about, because of they do, other countries will be tempt to say, you know what, we are better than brussels telling us what to do. if they do come out looking pretty good, it's bad news for the eu. stuart: they are in extraordinary trouble. liz: print their way out of their crisis. stuart: new currency, devalue radically, they are based on tourism more than anything else. ashley: shakes the foundation of the eu. liz: the netherlands maybe too. stuart: italy. that's the back-breaker. thanks, everybody. check out the big board. down 50 points and been there for the last hour. newt gringrich next. how about that?

stuart: texas congressman ted poe resigning after the failure of president trump's bill. here is what he said on our program yesterday. >> president trump met with us for over an hour and a half and changes kept being made that the freedom caucus proposed, five changes. it finally got to the point where it was pretty clear that the freedom caucus has a group would never vote for the health care repeal bill and they had enough members that refuse today vote to repeal it -- repeal the obamacare and had the new bill that it would keep legislation from being passed. so i have talked to them about that because we have to get to the point where we are going to say we are in the leadership and that's our job. stuart: joining us now is congressman, republican from alabamaened he's a current member of the freedom caucus. congressman, welcome back.

yesterday, literally, 214 hours ago paul ryan came and said, some of the no votes from last friday had turned into yes votes . >> absolutely, if we have a bill that repeals obamacare in contrast to what i just heard, that's kind of the bait and switch where you say on the one hand you're repealing obamacare and on the other hand you're implementing the cost drivers that jack up the price of health care beyond the reach of normal americans. i'm talking about a pure repeal bill, i'm all in. passed the house and passed the senate and made it to the president's desk, i'm all in for that. stuart: you won't go for anything less than that? >> no, but there are possibilities. one, we can cannot have

legislation is going to increase health insurance costs for american citizens who are struggling, increase those costs by 15 to 20% above and beyond the increases of obamacare over the next two years and two, we cannot create the largest welfare program in the history of the republican party, welfare program that's going to undermine the work ethic and drive up taxes and hand america over to the socialist wing, the bernie sanders' wing of the democratic party. stuart: we have a report that steve bannon is in talks to get some other health care bill in front of you and congress, can you confirm that? has he talked to you? can you confirm that steve bannon is doing this? >> steve bannon have been crossing telephone calls. we -- he called me on friday and left me a restricted number so i can't call back. we have not gotten in touch. he has made outreach efforts to the house. i do know that there's an effort

on a variety of different fronts to bring back republican principles to our effort to repeal obamacare. stuart: could this be done fairly quickly? >> oh, absolutely. we can pass constructive legislation to repeal obamacare in one or two or three days.