tv Cavuto Coast to Coast FOX Business April 18, 2017 12:00pm-2:01pm EDT
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stuart: repeat breaking news we brought you moments ago. pennsylvania state police say the facebook killer,. steve: fence, that man there, has committed suicide. police got a ming from his cell phone. caught him at a traffic stop. stephens shot and killed himself thereafter. neil, it is yours. >> thank you, frien we'll explore that a little bi more. such a sad story. why it took facebook so long to took down his post and his threats. i do want to thank connell mcshane. also charles payne in my absence here.
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if you're looking for tax relief , but we've come a long way from a month ago where treasury secretary steve mnuchin totaled me this. >> our goal to pass tax reform by the august timetable. that is very realistic. that is something the president and i are committed to doing. neil: so by august, voted, done and agreed? >> and signed. neil: no, no, and no. trying to get this done soon, by august, doesn't look like they will have a plan out by then. that is weighing on stocks as stuart pointed out. the dow down session lows down about 168, now, 170 point. a lot of this the notion i think a tax cut delayed is one feared to be a tax cut denied. that weighs on investors who had been hoping this would be a not necessarily a slam-dunk but at least a likelihood now this year. forget about comprehensive tax
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reform. growing doubts as we'll ever see tax cuts. hurting the dow as well today is the financials and the prospect that big brokerage houses like goldman sachs reporting some disappointing numbers, disproportionally adding to a selloff, 70 plus points of that selloff today. we'll break this down in a second here. what happened to something that seemed like a sure bet? to caitlyn huey burns and independent women's forum, sabrina schaefer. sabrina, how did this go from a go, to stop and go and to maybe a stop? what happened? >> neil, the first 100 days is really an artificial creation that came about under fdr. i think -- neil: i know, it is not even going to be in the first 100 days. it will not be in the first 200 days. >> i think that is okay. we're seeing a lot of presidencies being on the campaign trail is being very different than actual governing for this president in particular
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who presented himself as a disruptor and looked down his nose at the political elite and establishment, he realize it takes political capital to get things done. otherwise you're a bull in a china shop and you will be left with a lot of broken pieces. the lesson here is not necessarily a bad thing to slow down and get things right. a lot of good domestic policy could come from this administration if it is done correctly. neil: i have no doubt about that, but caitlyn, it seems time is falling away f this fall event 'll lucky to e that happen. i don't want to poo-poo that. i would love to be wrong. i don't think it will be a 2018 phenomenon, and that worries me. >> i think you're right, neil. maybe i spent too much time in the hallways of the capitol staking outlaw makers but i always thought tax reform would be ambitious for this congress even with republican control given the divisions.
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you make a great point about 2018. we have couple months before lawmakers go on recess. they hear a lot from constituents. you're starting to get into campaign season already. which makes it really difficult. that is why republican leaders wanted to get health care and taxes not only because of process and reconciliation the way to get these things done, but get big wins on the board to go back to constituents to say, look, we did this. the other thing there are significant divisions among republicans when it comes to what kind of tax reform they want to see. we're hearing from democrats they're not going to get on board with anything. they're asking now for the trump administration to release president trump's tax returns, or else they're not going to get in on any legislation. they have the politics going on here. neil: tax returns dating back when he was a teenager it wouldn't change. >> right. neil: sabrina, what i worry about in this environment, i don't want to poo-poo it, i love
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to stress that i would love to see the tax cuts materialize, but the problem in this administration there are so few rabid supply-siders. one of my next guests, linda mcmahon might be in the camp for big tax cuts, but those drafting all of this are not necessarily keen on comprehensive tax reform. that is my fear. i would like to be wrong but what do you think of that? >> i think there are a few good people. one of my board members, larry kudlow is there advising the president. do think that sort of more importantly, how he talks about these issues to the public. if you look what the public is concerned about, they're concerned with corporate tax rates. that is something they don't think corporations paying their fair share. oddly enough they're not bothered by what they're paying themselves. they're paying a tremendous amount. you don't have to be wealthy to be paying about. there is a lot of messaging that has to come from the white house to sort of remind people. neil: interesting. >> not just are you paying your
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fair share, but are your hard-earned dollars better off going into your savings, investing into your family? one of the tens of thousands of failing government programs? when it is presented that way, i think americans may feel different. neil: sabrina, i mentioned the dow down about 115 points. i think markets built a lot of run-up since donald trump's election on the idea we were going to see sweeping tax reform, if not sweeping tax cuts. what if we don't get either at least this year? not asking you to be a market soothe sayre here, but a sense the markets could unwind the very gains it has? >> i love the idea of comprehensive tax reform but i'm also living here in washington. i didn't think that necessarily would happen. if we got piecemeal tax reform. neil: would be better than nothing. caitlyn, what do you agree with that? >> i absolutely agree. if you do smaller bills, health care and other issues, do smaller breakoff things you can get buy-in from the other side as well. people want to have successes
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here. i think sabrina brings up a great point about messaging. health care is a little easier to message on. taxes are a little more difficult. they don't fit neatly on a bumper sticker. trump as marketer, that will come into play here. we passed tax day of course. people are feeling it. but i do think messaging is a huge part of this. neil: i had a bumper sticker actually, cut or die. >> there you go. i will take one or more. neil: many people told me that is not really a good bumper sticker. ladies thank you very much. we have small business administrator linda mcmahon with us now. very good to have you, admin restauranter. the president will be in wisconsin today talking about hiring american jobs and sticking with american jobs but all of this comes with the backdrop what is happening on the tax cut front and that it could be delayed. are you hearing that we could be a looking at a significant delay? are you worried about that? >> i haven't been privy to any
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up front information. i'm hearing today just as you are. i think it is important we're looking for tax cuts and tax reform as it relates to small businesses. just to make sure we bear in mind that there are many small businesses that are sole proprietorships, llcs, is up chapter s-corporations. neil: they pay -- >> all that income flies through to them. i'm looking for tax reform affecting our small businesses only in a positive way. neil: are you worried that the small businessmen and women you talk to express concern that a tax cut delay might be one denied and something they're looking forward to might not pan out right away if at all? >> what i'm hearing from the small businesses how they can grow. entrepreneurs who want to start businesses which is what you know, the president asked me to do at sba. and that is to help them get access to capital, counsel them developing their business plans and help with government contracting businesses.
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so i'm not hearing right now the tax issue as much as i am how can we start, grow and develop our businesses and this is a perfect time for me to be on because, you know, a week from now, april 30th, through may 4th, we'll celebrate national small business week starting here in washington. we'll have a great kickoff. neil: do you get a sense, i mentioned before, administrator, that we have an administration dominant, at least on economic front by for wont of a better term keynesian economist types, those who don't subscribe to sort of cut taxes across the board, the supply-sider mentality, that not really reaganites in that sense. depending on your perspective can be a good thing, bad thing, whatever. that the real thirst for across the board, sweeping, revolutionary tax reform might not be there, is that true? >> i think we've shown in the
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past clearly that tax cuts, in many instances, have added to increase in revenue. i think in my, home state of connecticut, we have seen increasing tax increases in what we've done, is reduced the tax base. we've driven a lot of high income earners out of the state with those kind of policies. and so tax reform and tax reduction i do believe adds, helps increase the tax base. and therefore, we grow the economy from that. neil: you know, you mentioned what is going on in connecticut. governor malloy hasn't indicated he is not going to be running for a third term. obviously he could be reading the political tea leaves there. what do you make of that? >> you know, i haven't spoken to the governor so i don't really know all that is behind his decision. he simply said he felt that he had done a good job. he was not seeking re-election. i just have to go with that. neil: because if you do harken back to the idea that tax hikes that he oversaw didn't help the state as much as thought. a lot of people were chased
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away, a lot of businesses, high-end income types. do you think that's a reminder and a lesson here or what? >> well, i do think that responsible tax laws are what we need. and i do believe that taxes are too high. i would like to see tax cuts, but, i am anxious to see what the president's plan is for tax reform. and i have every confidence that he is going to do that. and that it will have a positive impact on our businesses an on our general economy. neil: do youware that if it doesn't materialize this year, that none of that pans out? >> i'm not worried as much about the timing. if we were talking four years from now but if we're putting it back for a few months i'm not that concerned it is going to make, you know, have dire circumstance this is year. neil: linda mcmahon, thank you for taking the time. >> thank you very much, neil. neil: meantime you might have heard the facebook murder suspect apparently killed
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himself after police pursuit in pennsylvania, erie county, pennsylvania. we'll have latest on that. the latest on the president's plan to head to wisconsin later today. he will meet with governor scott walker. but not before governor walker meets with us, to talk to us exclusively. what is at stake for the president of the united states there. all that right after this. steve case on why it is time to step back from this and avoid the party squabbles and look how we can encourage business activity, not discourage it. he's next. ♪ you do all this research on a perfect car, then smash it into a tree. your insurance company raises your rates... maybe you should've done more research on them. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. liberty mutual insurance. due to your first accident. why pause a spontaneous moment? cialis for daily use treats ed and the urinary symptoms of bph. tell your doctor about your medicines,
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go irish! see that? yes! i'm gonna just go back to doing what i was doing. find your awesome with the xfinity x1 voice remote. neil: all right the president at joint base andrews at air force one. familiar site. he will take off for wisconsin later today. his push will be hiring more american workers keeping those jobs here. with us aol cofounder steve case, buy american and hire american message, his book out in paperback. the third wave, gets into the macro issues and how to implement. steve good to see you. >> always good to be with you. neil: what do you think of the president's goal, hire american, crackdown on h1b visas on the lower end? i know many in the technology
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community get nervous about that. what do you think? >> the goal i buy american, hire american is the right thing. you should look at laws and fresh look at h 1 about visas. we need to look how we win in the nextwave to create the right kind of environment across the country, not just places like silicon valley. immigration is a tough issue. we talked about it in the past. it's a tough issue. looking at rules to figure out what to do makes sense. part of what made america great is magnet of talent around the world. some of our great companies have immigrant roots. founder of apple is the son of a syrian refugee. the founder of google is the son of a russian imai grant. we want companies to create jobs here and educating our kids to be successful in the third wave. neil: what the president will say later today, some technology companies, not yours in the old days have taken advantage of
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this just get cheap labor. the push for indian workers, for example, is not so much on their brains which are ample and considerable, but the fact they're cheaper than american workers. what do you say? >> i'm sure there is some of that. as a result he will call review of h1b process. that makes sense to review it, make sure there are not abuses. the part i care about is not h 11 about, but a startup visa, people creating companies and jobs will be able stay here. give them grade educations and phds and kick them out to great jobs eewhere. part of the reason i wrote the book, celebrate entrepreneur across the country. how do you support entrepreneurs in nashville, new orleans, phoenix, not just in san francisco, new york, and massachusetts. how do you get more capital? 70% of the venture capital went to three states.
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california got half of the entire venture capital in the entire country. people voted for president trump felt left behind. they were left behind. we're not creating jobs across the country. that is a stupid thing we're doing across the nation. hopefully president trump will take the lead. neil: earlier in the campaign you were supporting hillary clinton. in a december 2016 editorial you wrote in the "washington post," you did take the big picture view of the election. i get why trump is a potent political force. i'm well aware millions of people are angry about their prospects. fearful that the forces of globalization and digitization left them behind. i recognize many are frustrated by politics and feel we need an an outside to shake things up. i don't think trump is the answer for those people or for the country. subscribe to that? >> two big concerns there. one was some rhetoric around immigration which i found was unhelpful. i still believe that the case. i hope policies around
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immigration like startup visa will be different. second there was lack of special fisty around his policy on innovation and entrepreneurship. i wrote in the book, project he restart i wish he talked more about those issues. how do we remain the most innovative entrepreneur hal nation in the world. he is president now. he is assembling a strong team. feels like selling out in terms of where some of the priorities are going to be. hopefully a lot of key priorities -- neil: are you concerned about that, that he seems to reverse a lot of positions? >> i think in the campaign the positions were a little unclear. he was trying togive himself flexibility once he became president to move in different directions. neil: reversed himself on china and reversed himself on russia. might be pushing back on tax cuts? >> there is always two sides to that. one is the downside of sort of a flip-flopper. the upside maybee is listening to people and having gone through the campaign there is something that, campaigns are different, campaigning is different than governing. hopefully listening to people and will have the right policies
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going forward including innovation and entrepeneurship. neil: the technology world, steve, is very different world but i think variation of your book you could just easily as argue in a lot of your chapters talk about whom much is given, much is expected back. i was thinking of the facebook situation in light of this steve stephens who apparently went live on facebook, killed someone. it was quite a while, hours before that was taken down. do you think facebook and other technology companies have an obligation to more aggressively police that sort of thing? because it keeps happening. >> of course even when we started aol 30 years ago we said there are positives of internet, lefting the playing field, giving people access and a voice. there were negatives like the digital divide and making sure internet was safer for kids, privacy, things like that. because the internet is so part of everyday life and used by most people the primary way they are getting news, you need to
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take a fresh look, including things like fake news and facebook live which is terrific resource allows people to broadcast things, most of which is positive. some which will be negative or highly problematic. the of course, the companies once they establish the leadership position do have a responsibility to decide to make sure their platforms, these technologies are used in positive ways. neil: the argument it is so big and so many customers, over a billion we can't police everything that is going on? >> of course you can't police everything that is going on but there are ways to have alert systems and be able to deal with things in a prompter fashion. i'm sure they're looking at that and i applaud that. neil: when you look at technology, when netflix came out with better than expected numbers, many were saying it would lead to parade of strong technology earnings and you know, that still might pan out. little evidence of that so far today but do you buy that the technology is going to continue to be the market leader? >> well, really the theme of the third wave, it is not just about technology.
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in some ways everybody is a tech company. it is how the technology gets embedded in our lives and changes health care, changes education, changes food and agriculture. those will be big themes in the third wave. there is a lot of disruptors in the first wave and second wave, there are disruptors in the their wave. neil: you always hear in this environment it will be facebook, google, apple, those three names come up. >> all three are extremely well-positioned. they will con to do well. i'm reminded of personal stories in the book, 20 years ago, cover of "fortune" magazine, me and bill gates, who will win the battle for the internet? the answer was none of the above. microsoft did well. aol did well. google and facebook which didn't exist at the time article was written. neil: prodigy. >> prodigy backed by a billion dollars from ibm and sears and cbs, they ended up falling by the wayside. what happened in the third wave, some smaller companies will be
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big companies. smart agile big companies will partner with entrepreneurs to figure out how to navigate through the third wave. partnership is a big theme of the third wave. not just about software, not just about the app, not just about coding. how intigrate that partner with hospitals and universities and education. neil: what role should the government play in this? some people worry you don't wan to be too strong there but by the same token, many in your industry argued you could help folks out by getting out of our way? >> it is a mix. even one of the things that happenp haded the president is lookin at the jobs act that passed five years ago. using internet to raise capital for startups, called crowd funding. the rules the sec put in place are 800 pages. too complicated. simplify things. neil: you welcome what he is doing on regular la tore? >> that aspect would be helpful. in the third wave industries are really important, things like
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health care. how you strike the balance to keepad things fr happening. of course we don't want drs that kill people or medical devices that don't work or things like that. not focus on negatives but focus on the positives. unlearning innovation in the first and second waves which was created by the government, darpa funded 350 years ago. the government broke up ma bell to create competition in communication. congress passed the telecom act. it was only until 1992 it was legally for businesses consumers to connect to the internet. it was restricted to government and education. government did pretty well in the early days of internet. how we do well in the nextwave or the third wave, a bias towards a lighter touch so more innovation can flourish. neil: are you for tax cuts. >> i'm for tax simplification, absolutely. things are way too complicated. neil: what if we don't get that? >> maybe it will happen in increments. one of the areas i think really needs attention, i talk about it
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in the book, how you create tax incentives to back entrepeneurs in the middle of country where it is harder to raise capital. a bipartisan bill, investing an opportunity act introduced by tim scott and cory booker, creates deferrals of capital gains if you invest in up-and-coming regions. we need a bias on tax reform, not just simplify it but right incentive to focus on job creation across the country. people that feel left out and left behind have a real chance in the third wave. neil: steve case, the third wave. notice how seamlessly he brought that in to irv single question i had which is brilliant, absolutely brilliant. >> thank you, sir. neil: anything i can do. we'll have the latest on the facebook murder suspect who killed himself but a lot of questions to steve's point what role the company should play in policing the musings of even its craziest subscribers. we'll have more on that and this selloff going on. goldman sachs is by far the
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biggest contributor to this. goldman sachs has been the biggest contributor to the run-up. we'll have more after this. time's up, insufficient we're on prenatal care.es. and administrative paperwork... your days of drowning people are numbered. same goes for you, budget overruns. and rising costs, wipe that smile off your face. we're coming for you, too. for those who won't rest until the world is healthier, neither will we. optum. how well gets done.
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neil: show you what is going on in cleveland right now, police giving an update on the facebook killer, saying a tip ultimately led to the facebook suspect's which ares about. they tracked him down to pennsylvania. where steve stephens apparently killed himself before poli had the opportunity to do so. a lot of questions raised how this guy was able to put his video up on facebook so the shooting of an innocent victim, something he telegraphed he would do, and it would be hours before facebook would take that down. security expert paul el lis joining us. what do you make of that, and where facebook's obligations begin and end? >> you know what, neil, when we start to open up such services as facebook live, that means a lot of benefit and what we're
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seeing the negative side. whenever you put that out there you expose it to the nefarious time people like steffens himself by broading a live execution which is exactly what he did. neil: i don't know the exact order of events. authorities are trying to find out how this all down. there was ample warning. and then there was a shooting of this 73-year-old african-american. >> right. neil: all well-telegraphed. it all went down. people just monitoring steve stephens would have known this video would be posted. then it was posted and was there. hours before it was taken down. i'm told by a lot of technology experts, i will defer to you as always, paul, it is easier said than done to police everyone much these sort of things and take them down. what do you think of that? >> there is no question about that, neil, but also we don't have the mechanism in place and culturally in our country we haven't been willing to accept
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responsibility or accountability to police the internet and to police social media. i don't know that we really want to. i think we should but when you have cases like this, the short answer to your question, is it possible? of course it is possible. are we willing is the bigger question, are we willing to go into that direction where we police social media? i offer just one brief example. you and i years ago when we were talking live about the incident where the individual from baltimore came and predicted and spoke on social media that he was boeing to execute two new york city cops. all those people knew about it. they didn't say anything either. again we're seeing same thing here in cleveland. th guy broadcaed it. his own group ofriends knew about it. no one said anything. neil: normally when we at the risk of something on live television of an incident, fox news experienced this first-hand, you always are a little nervous about it, because awful things can happen, hence the push for tape delay, that sort of thing.
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i know the same can't be applied on the internet. what do you think about that, whether there should be a delay or rein in i should say anything live? >> 100%. neil, i believe if it is something that is not controlled, you're talking about fox news, fox news will control things. a professional news agency will control things. when you put it in the hands of the general public, even though i dislike it, put it in the hands of general public, facebook puts up a facebook live, you remove any checks and balances in the system and put it in the hands of guys like stephens. i'm dead-set against that there should be significant delay. think about his family. neil: killing or anything that is posted well after the fact, i mean substantially after the fact, but if you're an isis or terror group it has the same effect, delayed or no, right? >> it has the same effect, but you can't stop everything, but put certain internal controls in
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place. reliability of the message that will go out, not to mention the safety of the general public. when i think of poor man walking down the street after leaving his daugher's house having easter, terrible. neil: terrible. paul, thank you very much. good seeing you again. >> always a pleasure, neil, you too. neil: meantime vice president pence is in japan. north korea is warning of a thermonuclear war, that one could break out any minute. after the vice president was in the demilitarized zone sending a message to that region of the world, we're here, the united states is here. exactly what does here mean? after this.
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pressure north korea into abandoning permanently and dismantling its nuclear weapons program and it is ballistic missile program. neil: all right. you might have caught that, the vice president hinting there is a diplomatic way to solve this, whether directly involves north korea is anyone's guess here but trying to get the north koreans from this talk of imminent thermonuclear war that could break out any moment if the u.s. continues provocative actions, according to kim jong-il whose biographer, the best one we have to date, michael balles, who says north koreans have been acting this way for decades and runs in the family and runs in the country and none of that is likely to change right now. michael, great to have you. >> thank you, neil. neil: what is your sense about the way the north koreans are responding to this? they continue their tasks. some succeed, some don't. they continue every week if need be just to stick our nose in it. what do you make of that?
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>> north korea boasts in the propaganda they regard thselves as an anthill fighting an elephant. they can't kill the elephant but they can drive the elephant where they want. they play the games, and crybaby operations the next asking for aid. they're good at manipulative. brazen in their literature they are being manipulative. their initiative is military first. they will be militaristic and showing strength if they can't back it up, i'm sure kim jong-il has learned, you're the expert on the family, learned from even his father and grandfather how to play washington whether under democratic administration or republican administration, kind of the same results, right? >> well, yeah. actually things have changed a little bit recently. the u.n. started cracking down. we're dealing with people who aren't acting with a straight face. when the u.n. recently condemned them for having concentration camp don't use that term so we don't have any. they're not facting fairly when
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the u.n. condemns for human rights abuses, their response, for north korea human rights means national sovereignty. when you're criticize us as a nation you're violating our human rights. they doesn't play fair or honestly, who can home them accountable? china is the only person with influence on them. but they revel as a small nation defying china and the u.s. neil: china might have limits what it can do on this? like a crazy runaway child or what? >> china is trying to be a major world power and have some respect. they don't want to be ones carrying water for this insane regime. famous story in the '70s, they built a seven-story statue of late kim il-sung and played it in goal. we're communists. maybe that is not what we're about. they changed it to bronze. they regard themselves is as shrimp among whales and they're the little guy and last one standing. soviet union fell. all other dictatorships fell except for cuba. this for them is great source of pride.
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there is a lot of talk in the media they're sue saidal. if they're sue saidal they're really bad it because they have been around for 70 years. neil: i can't agine, even if the chinese have a little more sway in this that you're saying i doubt that, not as if china will welcome a you know, a democratically elected government in north korea. so what are we left with here. >> china doesn't want 24 million, never seen computer, don't speak chinese, coming across the river setting up camp in man chew i can't, who are racists taught to hate americans, japanese and chinese. it have to involve china, south korea, japan and russia with us working together the at the same time when you look at libya and iraq they are personally killed. huge incentive for regime to pain main power for personal reasons. neil: if the chinese won't, can't control them whatever it
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is, trump administration made it clear all options are on the table including a missile strike, where do you see this going? >> this is battle he of chicken. who will back away from the brink first. however last time battle of chicken during the cuban missile crisis. this is soviet union against the u.s. but this time is north korea. neil: unauthorized autobiography of kim jong-il. can imagine a quite a few people are picking his brain. you can imagine. governor scott walker is hosting the president of the united states later today. ahead of that the governor is here. think your large cap equity fund
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neil: all right the president on his way out to kenosha, wisconsin, right now. he is planning to visit the manufacturer snap-on. this is a wisconsin a state he barry won but he won, something unprecedented for republicans in recent elections. returning to the scene of a stunning victory right now. a call for more american jobs, more american workers. he will be meeting up with there guy, the governor of that fine state, scott walker, who joins us live. governor, very good to have you. >> neil, great to be with you as always.
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neil: i guess one of the key themes will be protecting those american workers and american jobs. is that essentially what the message will be? >> yeah. snap-on is a perfect place. it's a great toolmaker, making tools here in the united states, making it right here in the state of wisconsin. we love snap-on, we love the fact that they're selling tools all around the world. stressing not only buying american but hiring american. looking through ways he further that both in actions today. i understand he will sign an executive order that calls for changes in several federal agencies, department of justice, homeland security, state and labor, that talk about ways that they can make sure that the people who are coming to the united states, particularly through some of the immigration programs are not taking the place of american workers and doing more to promote manufacturing in particular when it comes to making things in america. neil: do you think companies really try hard to avoid that, to hiring a foreign workers at the expense of american workers?
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because boeing made it a number of promises to the president in that regard. i'm not blaming boeing but i am saying it is announcing now that several hundred managers are going to be going. i'm, i'm wondering how that jibes with the commitment they made with the president just a couple months ago not to do that? >> well, i think the important next step is not just this action today, which we appreciate but taking the next step, important to talk about on tax day, that is the president calling for and congress ultimately acting on comprehensive tax reform. if we're able to get the employer tax rate, the corporate tax rate down to level that is commensurate with most of the rest of the industrialized world, where we get to level to repatriate american dollars, more important i think it will bring back american jobs. neil: but do you worry that could be delayed? talk that the august goal is pushed back. judging from the crazy market
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reaction all this serious doubts, what do you think? >> oy, i still think we need to push for it. i and other governors on behalf of people here in wisconsin but i and other governors are doing the same. we think the best way to grow economieses is bring confidence back to the country. one of the best ways we can do that is move forward. i wouldn't get bogged down. cut the rate. make it easier to bring dollars back. cut individual rates if you can afford to do that. that as well as regulatory reform president and his administration have done. not only signs for help of manufacturers and farmers and small business owners here in the state of wisconsin and elsewhere across the country. if. we can get dramatic growth to do the basic simple things. don't get caught up in hundred other items. get it done before they go to recess in august. neil: doesn't look like that will be the case. hope springs eternal to your point. the reason i mention it, governor, there is some
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criticism that the president's team, his economic team, are filled with moderates who don't share that view that you need sweeping tax cuts or even for that matter, sweeping corporate tax reform. that, more to tinker around the edges. what do you make of that? is that a fear that you have? >> oh, i think the president's hearing from a variety of different voices on this and other issues. but in the end, i think what -- neil: i don't know he has a variety of voices there, governor. the voices that i hear, with the exception to be fair to the president, is that i don't hear many supply-siders or rabid tax-cutters. i don't hear those voices. >> i think there are some but i think particularly people like vice president mike pence definitely is in that vein. i know when he talks to business leaders, to the governors and others out there, we have shown that, with other states across the country, particularly states led by republican governors, we
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see dramatic economic growth. we're down unemployment rate of 3.7%. the lowest since november the year 2000. a month ago our employment numbers in the state were highest we ever had. that is because we cut revenue. our cumulative benefits of all of our tax cuts over the two terms i served in office by the time i'm done will exceed $8 billion. even while we cut rates on income, we cut rates on property, we cut taxes on businesses. we actually see more revenue coming into our state. put more money back into peoples hands. neil: they create ref you knew. some people dispute that. it obviously worked for you. the reason i belabor on this point, everything rests on tax cuts coming into being. i worry they are delayed or potentially denied. i say that, fearing that, as one analyst told me, it is as if the trump white house is over taken by kensyians. people who are very big, you know, devotees of big government. and not in cutting the size of
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that government? >> neil, the best way for president to get ahold of th issue and get out of the white house dog what he is doing here today. going to wisconsin and other places i found for me over last six years, one of the best things i could do get out of the capitol and see people. you hear from people, not just in the bubble in washington as i call it, 68 square miles surrounded by reality. forget about other checks and balances. talk to the american people. they know what they want, particularly all today on tax day, if you cut taxes you put more money back in the hands of not just individual taxpayers but employers that is the best stimulus you can provide not only for more jobs but high ever wages. that is the best way to truly simulate the economy n state after state, republican governor after republican governor, republican legislative majorities all across the nation helped make that point on a state by state basis. we need it nationally. i think president trump can make that happen. neil: you mentioned the fact two
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terms, term 1/2, that that has been your guiding focus and apparently recently you met with a number of fund-raisers and the like, hinting of a third run. are you going to run for re-election? >> why i'm more optimistic about the future of my state than i ever have been before. i will make a official announcement after the budget is done in june. hopefully the legislature will enact all the tax cuts. that will mean by the time we're done with this budget we'll exceeded 8 billion, billion with a b of tax cuts. we'll eliminate entire state tax and lower property taxes. neil: obviously many will try to stop you at every path but, that you are more leaning to running than not? >> i am more excited about the future of my state than ever before. i always say when people ask if i'm going to run, i say why wouldn't i? more people employed than ever before. the future is brighter than it has ever been before. we're putting more in education than we ever done before.
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all the right things are happening in this state to make it even better. what i love i'm optimistic about this president, this administration, this congress, not just passing tax reform and other major changes. i'm optimistic that over the next few years they're going to take more of the power and responsibility and resources from washington and give it back to the states. i want to be a part of that making that happen not only my state but other governors across america. neil: maybe a run for president, maybe run for president again, right? >> well, we got a president right now. i'm happy to see him run for re-election. i love him and mike pence. i'm thrilled he is here day, governor, thank you for -- i thought i would slip that in, get you to stumble. governor scott walker and we'll have lot more the implications of all of that right after this. n kevin kevin kevin kevin kevin
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neil: -- >> our objective is to pass tax reform by the august recess. that's a very aggressive timetablbut realistic and somethg the president ani are very committed to doing. neil: soy august, voted, and done, agreed. >> and signed. neil: no, no and no. despite that glorious call for a big sweeping tax-cut reform, the individuals on corporate side and i believe treasury secretary believed that when he told me this on march 1st. he's taking that back in the impact of key loyalists to the administration, by those in the
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administration asked in various on this very show. take a look. you hearing that we could be looking at a significant delay. >> i would like to see tax cuts, but i'm anxious to see what the president's plan is for tax reform. i have every confidence that he is going to do that. >> i think we have to have a bias on tax reform, not just to simplify, the focus on job creation all across the country so people do feel left out it left out or left behind have a real chance in the third wave. >> i still think we need to push for it. behalf of the people here in wisconsin, other governors to the same. we believe that one of the best ways to grow our economy is to bring more confidence back to this country. one of the best ways they can do that is to move forward. neil: they are not living right now. it doesn't look like he'll have a plan in place, let alone voted number one. that could change, hope springs eternal.
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we ran out of ammo for ghosts boosting the economy. likely under 1% is close to recessionary levels here. we are not going to see the federal reserve cutting rates. in fact, continue to raise rates. where is all this going? charlie gasparino is one of the earliest awareness problems on the supply-side front, mainly because they were in a supply sider's in this administration. good to see you my friend. when you make of all of this? >> i will say this. you and i brought this up many times that they should note they should note on they should not don't have survivors. they should've gone for the tax cuts, which the country needs right now. neil: they are good health care purse because the trillion dollars. >> a lot of people, particularly conservatives don't believe that. they believe they could've done the tax cuts. george bush, ronald reagan before tax reform heated tax cuts before he did a big reform package. neil: i think it's the cd would've been a lot better. >> he may have had to listen to the cbo.
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but you know, and that will happen initially but then happen initially that they needed the the income coming in later. here's the one thing. why did he play? another thought out there, not just conservatives by some liberals that he blinked and went for the other thing instead of tax cuts because there is a democratic takeover of the trump administration. we ask that to mark cuban, the billionaire entrepreneur tech guy, owner of the dallas mavericks. a trump friend, enemy. here is what he told french he told brian schwartz moments ago. gary cohen, head of the nac, national economic council, trump's main advisor is leading a democratic invasion of the white house. he told us based on his calculations and he's been looking at the nonmilitary leadership of the trump white house and the top people, there's about 50% are democrats.
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he says naming them. cherie kushner, ivanka tribe, steve mnuchin, and steve bannon. many democrats and centrists who don't believe in supply-side economics. larry kudlow was part of developing donald trump's plan to lower taxes and he touted during the election nowhere to be found. did not get the job. he was blocked by, guess who, gary cohen. what we are seeing here is from democrats, just so you know out there, for people that voted for him, democrats are plotting is no spirit and much more centrist donald trump, and a donald trump it does not believe in tax cuts to promote economic growth. the democratic takeover of the white house according to cuban he also said is borne out by a lot of these recent moves by
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donald trump including some of -- he hasn't spoke much about trade, which i think is good. it's much more of a centrist position. neil: that is not what got them elected. >> i know, but he said he did not understand what he was originally proposing. he was going against conservative populist instincts that got them elected. be that as it may. doing a head fake here, i have no idea what's in donald trump's head. the president when he was a private citizen donald trump was never a guide he would fix ideological positions. some of this -- neil: for example, middle-class tax cuts that don't go crazy, right? >> i think what the general consensus is that tax cuts got pushed on the back burner.
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he's famous because he can't get the savings out of health care, like mark cuban are saying that is because there is a policy shift in the trump white house, the democrats have invaded and taken over. neil: meanwhile, look at what is going on right now. a settlement consuming here. i think goldman sachs is a big contributor here with disappointing numbers here. that is about 7080 points at the selloff here. not exclusively. this might not materialize or it will be so late as two risks and so not happening at all. christine short, charlie still with us. christine, would you make about it? let's say the markets don't see this. maybe just tax reform around the edges are tax cuts around the edges and not you.
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that might be wishful thinking and that may be a 2018 event. even not daisy to predict during an election year. what happens to the markets? >> this has been a big concern all along. we knew if we started health care reform that would push a tax reform. i think you'll start to see some companies have mentioned this in their press releases this earnings season. you'll start to see that become a huge concern. if it's not happening by the third quarter, does it get pushed into 2018? i don't think you can do a little bit of tax reform here come the income tax reform. you need to see the full package and vision for the markets to trade with iraq. s&p 500 is trading at 17.5 times forward earnings. that is extraordinarily high. it's been closer to 15 times. we need to see justification for those prices. i think you'll get a bit of a breather during earnings season despite the goldman sachs and if that's a pretty strong start at less than 10% of companies reporting not.
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it should service a bit of a distraction if we get good numbers for the fourth quarter season. however, i'm not sure that can continue. earnings can only take us so far. we need to see some proposals for tax reform. neil: but if we don't, then what? >> meal, we had a monster rally based on regulatory reform, progrowth tax reform and potential for infrastructure. we are already behind schedule on tax reform. the biggest concern to us as a bunch of different competing plans. it is unclear who was driving the bus here. like we talked about before, as there's going to be a true permanent reform that has to go through -- they can't go through reconciliation nor can it be a shorter term tenure sunset where you have a bigger cut? there was a uncertainty. from our standpoint, without clarity, markets have trble holding his letters over time. neil: what i worry about, charlie come in donald trump to ronald reagan?
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it is legendary now that ronald reagan despite the likes of the wall street editorial page and the sweeping nature of the tax cuts that they could be a danger. he just said no, no, no. is donald trump of that mindset to regulate this whole effort if it maybe isn't in his eye? >> you know, people criticize ideologues. it is good to have some coherent ideology, how you should govern, that you really do believe that individuals should make more choices than government and part of tax reform and getting a tax cut is because you've earned that money. it doesn't belong to the government. we think that government does bad things to people. donald trump believes that. excuse me, ronald reagan believed that as part of his ideologues. trump has out in her ideology. that's the problem. i know the guy.
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deceive marshall at the business is good i suppose -- he's not a communist. he believes capitalism works more than socialism. but he is a mishmash and he always had been over the years. he's been really late to the game of conservative politics, particularly in economic issues. what was the animated feature of his disdain for president obama? it wasn't necessarily obama in imax and doing more health care, you name it. what animated him was a birth certificate. neil: what worries me, christine, i'm beginning to think he's not. but i am beginning to think the president isn't enamored ronald reagan tax cuts. antime in thmainstream media as welcoming to run back to the middle. i worry because the mainstream media shouldn't be in our policy. but that worries me we might be
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dialing us back of the federal reserve is that of a stimulus business. tax cut is the only thing that can do it. >> we've been waiting for that. if we started with health care reform, maybe that was on purpose. maybe that was not a mistake and he could push back the issue of tax reform. bono and doubtless one of the things he got elected on a mass of people were expecting that in the first half of the year. neil: i think he did think it could get done. revisiting that again, what if the health care and fails. now we move onto tax cuts. it's a third go. they could rack up some saving neil: absolutely. trillion dollar baseline. >> that's a lot of money you can play with on corporate tax reform. they have to just go with the
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tenure sunset and provision. you couldn't get health care down with republican congress and senate. you can't get it done twice. you have to be realistic that whenever tax reform after this permanent here 10 years is in a long time and in the short term they can provide an ample fiscal stimulus or training to get 3% or better growth than in order to justify anoth uptrend in markets, you have to get that. >> the devils in the details. they get the marginal tax cuts for individuals. gary cohen has been telling people if they could get health care reform through, they could take the corporate tax rate than a 20% which would be a huge boon to the economy. if you suffer something marginal -- markets for not a 300 points when he said august. we are very aggressive on the
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timetable. the days following that when it became less clear that they were focused on tax reform that was going to be put off, the markets have been down 600 points. neil: i would like to be gone on this, but i don't think i am. i'm worried about what's happening on this front. republican, democrat, conservative, liberal, red, blue. you will see less screen if this is not happening. i want to thank you all very, very much. i want to update you on something that is going on with mark zuckerberg. facebook has been under fire for these violent videos. steve stevens got himself in a police car chase in pennsylvania. zuckerberg say in our hearts go out to the family and friends at the cleveland shooting victim, the 73-year-old african-american mawho was gunned down allegedly by stevens. a lot of critics are singing that won't cut it. what are you going to do to rein
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neil: your mood or defending donald trump for not reducing his tax returns. this is the new year times saying because the president has delayed releasing those taxrms,x reform. it seems to be a bit of a stretch. democratic strategist, what do you think of that? the president not releasing his tax return has reduced his delay of tax reform. >> it's actually a delay because the democrat and democrats increasingly are singing we need to know where your financial interests are coming or conflict of interests are, just so we know you based off of history aren't going to do the tax reform package. we are not interested in a
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platonic solid deal of transparent they, but really to understand here how he could potentially could benefit from a tax reform package he proposes. neil: even if that were the case, among some democrats it is common to can't explain republicans and their inability to get this done. >> yeah, well i think that they will get it done. let's not forget we are still here within the first 100 days and a lot has gotten done. neil: verity saying the august the august deadline looks tasty. the problem is the republicans can't get their act together. >> i have confidence. president trump will not stand by and let that not happening. he starred a demonstrated that he can use levage and things
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beyond what most of his voters even expected initially with him. let's not forget on this whole mush of the tax return that we did see one of his tax return. it didn't go over so well as it actually showed he paid extra taxes in its extra diligent. most people are concerned about that. i don't think most people are concerned about that as they are about the tax cuts he's proposed, the tax cuts that's going to be a lot better for americans. neil: you might be right, but of course that tax year in particular with the benefit of the tax we the tax we didn't have the authority they are and he probably would not have a dated much. your point is well taken. what i'm asking is where does this go? if democrats are open to tax cuts, and is it that they are limiting to the middle class, limiting to maybe having the corporate rate and only for some
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corporations, but with the flexibility be shown because they think this is the idea that the presidents refusal to him to raise taxes is the reason nothing is getting done. educate me. >> well, i just want to respond to gina's point in simply saying there is a 1040 release which only gives a certain portion of his taxes and financial interest. to your point, neil, i really wanted to say democrats are interested in tax reform. we've been the biggest champion of middle-class tax cut and knowing that folks who make over the majority of the american economy, getting dollars back from what they find, but it's a big part of, not the only way to get the economy going. having an actual dialogue will be key. trump yours specifically looks like it's going to go down the road. your point it doesn't look like
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it's going to get it together. neil: gina, one of things i've noticed that they are left or right, conservative liberal is the most of the fact is that those under democratic republican presidents alike that i've had everyone in the next, whether you look at jfk or ronald reagan. when we pick and choose who gets them, we usually pick and choose the response we got from them. that's an opinion is fine, but i'm just wondering if republicans don't do enough or pursued an across-the-board tax reform. they might as well not even try. what do you think? >> i agree. i don't think that redistribution a less than that the democrats tend to get sosa.com so often is productive at all. that is -- >> the majority of trumps voters -- the majority, please spare >> i am saying democrats. interrupt you. democrats often want to divide
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everybody up into little voting blocs that they get right down to it and give favors to those they think will vote for them. that doesn't work. you're absolutely right this needs to be sweeping across the board for everyone. we all know that when business is flourishing and thriving in this free market is ruling the roost here, we'll benefit from not have been down down. everybody has the chance to compete rather than it being more like some sort -- neil: quick reaction to that. >> republicans have only been interested in making sure tax cuts are for the 1%. it is absolutely true when most of trumps voters have been people in the past who voted for economic -- >> when jfk cut them for everybody, -- >> most people materialize from the health care plan and tax benefits for middle class are people for trump. we know we increase the electora for democrats in th past.
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neil: is it fair to say that whenever one has a tax vote you out more? >> i would think so, especially for those who make less. absolutely. neil: okay. thank you, both, very, very much. my friend in japan trying to assure a very nervous country that we are standing by to help them come especially when it comes to north korea. north korea is still run by a nut. after this. but when family members forget, trust angie's list to help. [ barks ] visit angieslist.com today.
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neil: all right. vice president pence has been reassuring japan lately and many of our allies in the asian community that we are going to keep our eyes on north korea, set to deploy a high-powered anti-missile defense system to south korea. anything we can do to help the south koreans. congressman lee zelden, good to have you. apparently that would include this anti-defense technology
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that has the chinese worried, the north koreans worried. if the chinese say this is deal-breaker as far as intervening to help calm the north koreans down, what then? >> well, we're getting closer to the point where north korea continues to develop intercontinental ballistic missiles. if they increase nuclear capability the united states gets driven closer to where we act on our own without china. as of right now this moment there is no option, a, b, c, or d, that is more ideal than having china take a leadership role within that region. so we are in a difficult moment in time where we're still trying to get china to take the leadership role. it is key, it is ideal, but as north korea continues to get further along we have to debt get the next option in case china and north korea force us to act alone. neil: i find it look odd when they find that defense move
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provocative whenhey're constantly launching missiles into the korean peninsula is fairly provocative, leaving that aside what if the chinese are incapable of reeling this guy in? that he is like an errant misfit child that will do whatever he wants to do, then what? >> to a certain extent that is a certainly a possibility. there is a madman in charge of north korea and there may not be anyone else outside of north korea capable of reining in the leader of north korea. when we say all options are on the table, there is often a focus on the principle in the military. there is diplomacy, economics, i for intelligence. for us to witness china, for example, suspending the importing of coal is a good thing. you could argue that it was neutralized by china importing a whole lot of coal before they made that decision in february but that is a positive development as the
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vice president is in japan and there is a huge interest on the part of japan for a bilateral trade agreement. they were big supporters of tpp. if we want to talk, the importation of automobiles, energy sector, high-tech rail, agriculture, there is a lot that japan is interested in. we need to bring these regional partners to the table not just from china but from others in the stable south korea is certainly key. neil: how do you feel, congressman, if the chinese can't get a handle on this nutcase, that which put back on the table punishments for them rigging their currency, rigging their economic numbers, all of that rigging stuff that then candidate trump made such a big deal of? >> i think the united states is forced to go to that next level if china leaves us no other option. what we can not allow is for that madman at the helm of north korea to have the capability thit the united states main land with his intercontinental ballistic
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missiles, with the capability of delivering a nuclear warhead here. so we start brainstorming what other leverage do we have. where you have a chinese government, chinese companies, individual actors, whether china or elsewhere in any way helping north korea get closer to having that capability we have to cut it off wherever we find it especially if that is in china. neil: very good having you congressman, lee zeldin republican from new york, house foreign affairs committee. thank you, sir. >> thank you, neil. neil: ever since president trump, you know, threw those tomahawk missiles in syria a lot of people say he is a neoconservative but as rich lowery points out, "the national review" editor be very careful with some of these labels as he write, all neocons may be hawks but not all hawks are neocons are distinctive in idealism and robust intervention itch. i thought that was a very powerful way to phrase this,
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richard insofar it is very tough to pigeon hole this president or label him the way many have since that tomahawk missile strike. it is also difficult to gauge what he will do in north korea, isn't it? >> yeah, neil, i think what was learned he is not an isolationist. there was fear in the campaign given various things he said. neil: right, right. >> i basically think you can't be isolationist president in the 21st century unless you unspool all commitments around the world and weaken the united states. with trump the emphasis is about strength. he is not a neoconservative. he hit syria but seems fairly discrete thing. re-establishing a red line and re-establishing u.s. credibility but we don't see him talking about democracy or talking a lot about human rights. he hasn't really embraced regime change anywhere. he is not eager to invade any countries with tens of thousand of u.s. troops. we're seeing jacksonian foreign policy. there is not a doctrine but there is attitude.
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we're not particularly idealistic. we're not interested in spreading ideals. we're interested in hitting our enemies. the world is dangerous place and we have to be heavily armed and carry a big stick. neil: he obviously drew the line at chemical weapons, with syria the government there, had plenty of conventional attacks on all parts of the country that have taken out hundreds of thousands over the years. >> right. neil: he drew a line with that, and that's fine. what i am not quite sure the message he would be sending with north korea is, are we drawing the line on these constant missile launches most of which fail or miss their target, saying this has the potential to strike us, just a matter of time before it does, so for that reason i'm going to be offensive here, i am going to take them out before they try to take us out? >> i think what we're seeing i say per rattling to get the -- sabre rattling to get the
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attention of the chinese. neil, relatively easy to hit an airfield in syria. there are not a lot of things the syrian government can do to hurt anyone else except for its own people unfortunately. north korea, you have south korea hard on the border. a lot of our military could immediately hit seoul, if you strike the north korea in any form, you have to worry what they would do to lash out against the south koreans. that would have to be a pretty big operation. you have to take out all the artillery. maybe the airstrike topples the regime and who will control the nuclear weapons and who will control the situation on the ground. it immediately becomes potentially enormously complicated and significant military operation. that is why i think we'll continue to see the sabre rattling but i doubt we see any strikes anytime soon. neil: hard to deal with crazy. rich lowery, editor "national review." >> thank you, neil. take care. neil: we now know the facebook killer is dead.
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neil: all right, facebook murder suspect committed suicide. what we don't know how it was possible for him to have video showing killing of something he telegraphed for hours before facebook was able to take it down. mark zuckerberg expressing regret for that, saying he will do his darnedested to make sure this type of thing doesn't happen again. but it is not allaying security experts fears. tom kellermann says facebook is not doing enough to curb this sort of thing. tom, what could facebook have done? i'm told there are algorithms for this sort of thing. because facebook is so large, so many subscribers, that easier said than done. i don't know what the truth is. what do you think of that? >> there are technologies outside of their exists algorithms could have assisted
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them in greater incident response to this technology. technologies like user behavioral analytics like companies like e-8 securities could have enhanced reaction faster than three hours. they could have suspended video, notifieded local law enforcement and help the user using the account triangulate his position before he could do further damage. neil: this stuff happened in the past. do users let them know? there is guy here saying he will show video of a guy he killed. you might want to be aware of this? or sort of like, that everyone slows down to watch the effects of an accident? sometimes after the accident for a long, long time, just to see it again and again? >> facebook should be applying the technologies used in banking system that counteract fraud and counteracts hackers an cybercrime.
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technologies like this, behavior analytics platform capability. in doing so they should then improve their response to include the geolocation of the user who is committing these crimes, these atrocities. it blows my mind it took three hours for them to react. they do a better job actually prompting the suspension of music and and or media seems to be copyright infringed than they do hurts online. neil: fake news is one thing but a real killer is quite another. having said that though, there are free speech advocates and the likes those who worry about their privacy compromised, that for the going after nutcase who is killing people you will go after a lot of innocent users who are nothing of the sort, what do you say? >> it is obvious to the video footage whatever was displayed was a barbaric act of sociopath. so anything of that ilk should be appropriately notified to the appropriate authorities. vis-a-vis privacy act very cats.
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you can't achieve privacy without cyber security. very same security controls i'm advocating that could be used to assist facebook reacting faster and assisting law enforcement engaging this social yo path in the wild. neil: tom kellermann, cybersecurity ventures ceo. more on domestic consideration on the tax cut. if it doesn't happen, then what does happen? well you can always eat. i will explain two people who have some ideas. after this. [phone ring]
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it's a good time to get your ducks in a row. duck: quack! call to request your free decision guide now. because the time to think about tomorrow is today. ♪ neil: you know, that could solve this impasse over tax cuts, the two sides get together over nice itian dinner a little wine. whatever. we scan make this work. these guys can make this work. the coauthors met on this very show, married 2 2 years youn paul and didiorvino >> hey, neil. >> people were saying, they call
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neil dr. love, they call him dr. love. remember when that woman said that. oh, i saw you on neil cavuto. neil: i read your fine cookbook. there is no direct reference. >> eric didn't get mentioned either, he brought us on the show. >> we had mentioned -- >> we were on your show. >> certain things happened -- >> you're an italian. you got the mention. neil: i don't want to offend pa because he could have me killed. so i will let it go. >> wait a minute. hold on. we're fine. neil: leave that alone. >> we're okay now. neil: what made you twice do a cookbook? i always think a goodinner, the good lunch, that is the great meeting organizer there. that could settle a lot of differences. people sit around the table and solve their differences, right? >> go ahead, hon.
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>> two italians, as you well know, cooking food is love. neil: indeed. >> the way italian mothers express heroism, love for the family. the way people sit around and exchange the events of their lives. it is bonding that reoccurs every day. so, we, she kind of gave up her pundit career and said to stick with me. >> i miss hollywood. neil: now you're a movie star. >> she says, you know what? we ought to write a cookbook. a cookbook? okay. write a cookbook. neil: you're an accomplished -- you're no slouch in the kitchen. >> cooking? i have been cook since i was 12. i had my own restaurant. neil: have you ever done a cookbook before? >> no. i was going to do one. it didn't, like didn't like where it was going so i didn't do it. she suggested it. do you have an idea for it? yes i do. she ramroded the whole thing. she conceived it. >> i'm sure you're shocked.
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>> she ramroded whole thing with big boards. this one here. this set of 10 menus. a whole organized thing. neil: it is delicious. but, but, i mean really italian food. you're irish pretty much and scottish, right? i don't see any, like irish recipes. >> no short bread recipes. however, we've got new cocktails, specialty cocktails in ever chapter, including the good fella. very strong. neil: you contributed liquor. >> of course. >> there is string, midtown fox which i thought you might like. we met at fox news in manhattan. we kid, but i do believe ronald reagan was famous for getting tip o'neill over to enders at the white house. and imbibing a little bit afterwards.
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they got a lot stuff done. we could do worse for the guys to go out to a big restaurant or plan a big meal. that doesn't happen. >> really. >> you bring phlegm in your home. give them alcohol. give them wine and food and dessert it makes things softer. >> the world has changed. neil: it has changed. >> talking about the difficult subjects you come together for a meal, you can solve the problem. neil: you're largely left-wing community, hollywood community, right. >> i lived in this community most of my life, yes. neil: now would you still get together, dinner parties featuring some of your left-coast friends? >> i don't look at politics anything more than politics. as far as i'm concerned my friends are my friends. if they want to see it differently that's their problem. neil: it never hurt your career? you have not been a shrinking olet. >> in last couple years i come more and more out of closet. i wouldn't call myself the republican. they used to call me the reagan democrat around here. neil: yeah.
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>> many of my thoughts are republican, but i'm not one thing or another. i'm pretty much -- neil: has dee dee called you out? >> she is two steps to the right of -- neil: did you encourage him, hey, don't be shy about this? >> yeah. neil: be who you are. you are accomplished actor. >> she said you better be careful. you know what? i'm bullet-proof. >> i think on issues like guns and money, and finances, you know -- neil: food is the great uniter. >> that's true. neil: it can bring all disparate parties together. we don't do that. maybe you guys should have a cookbook for democrats and republican. >> it got started that way and we got into parties. it was pino, pasta and politics. it was going to be after the election. neil: i hear gasparino tried to steal one of your cookbooks. >> i believe that i want one of your cookbooks.
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he was on line talking about it. neil: he he is supposed to be a pretty good cook. >> is he? neil: i have no idea. he says he is. what do you think, paul? >> do you cook, neil? neil: make good reservations. >> she can cook and act. neil: do you regret marrying this guy? >> do i relgbt it? no. i'm thankful every day. thankful to you brought us together. >> please don't -- neil: maybe in the next book you can actually say that. >> it is so terrible, that neil is not in the book. neil: i cam getting pino, pasta and parties. >> where did you meet? on cavuto's show. neil: didn't come up in sure to be best-seller. >> it will. >> it's a hell of a book. neil: it is a great book. i'm getting hungry looking at it. night is creative book. we'll do signings at huntington tonight. neil: is that right? that is by hannity. he is irish. >> you about he doesn't drink right, so what is the point of that? neil: guys, that will do it. i'm getting hungry for this.
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we cut the price of trades to give investors even more value. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be. . neil: all right, it is tax day, of course, gerri willis here to news not only on what you're paying, but how long it takes to get the tax forms together. it takes forever. >> reporter: forever, for everybody. the total amount of money we're
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spending on tax forms, the accountant, your personal time, bringing the receipts altogether. the number $363 billion. national taxpayers union says. that for the individual, 15 hours, they spent 15 hours on it, and average of $280. why, oh, why, the world has to be that complicated, the tax code has to be four million words long? i don't know, but that's the situation we're in right now. neil: it doesn't change, they always talk about making it so simple you could fill out your taxes on the index card. i can remember that since millard fillmore. and there was aggressive tax cutter if ever there was one. why don't they get to the point? we're ready with the comprehensive tax reform under the president looks dicey. >> reporter: at best, at best. neil: why is that? >> it's so complicated. i don't think the people in congress understand the tax code. they have no idea what they're
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talking about either, and just last week or a couple of weeks ago now, john koskinen said we can no longer fit the 1040 on two pages. we shrink the font size, do everything we can to push more information into the two pages but there's another 199 forms to go ong with it so it gets bigger and it's from bureaucracy, what do you expect? it's going to get smaller. neil: people get the standard deduction, they could get more because they're doing so because it's such a headache. that's sad. >> reporter: sad, people are afraid to take the deduction because maybe the irs is going to come after me. i say take every deduction you are document i don't want to short change myself or my family because i'm scared of the irs? neil: how are you feeling, by the way? >> i'm feeling great. how are you? neil: this whole thing has been a great learning experience as
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well. >> i've learned about product for short hair because my hair fell out. neil: it looks great. i love this. >> i'm copying you because i have a widows peak too. neil: is that what they call this? >> reporter: yes. neil: you look great, kiddo. so good. you've been a great example for a lot of people. trish, i think you'd agree with that. trish: you both look great, but really, gerri, you look fantastic, you really do. i was saying that before neil said it to the producers, anyway, thank you to you both. >> reporter: thank you. trish: we got a lot going on, breaking right now. live pictures from wisconsin where in just a few minutes, we're going to be seeing air force one and president trump, he's touching down in the manufacturing ate to make a big announcement designed to help american workers. all of this as we watch the sell-off on wall street down 118 off the lows of the session but triple-digit losses right there. the markets giving back some of what we saw in terms of gains with the dow.
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