tv Lou Dobbs Tonight FOX Business April 24, 2017 11:00pm-12:01am EDT
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"the big agenda." i'm just guessing at that. thanks for being with us. we appreciate you both being with us. joining us i appreciate your support, here is lou dobbs. lou: good evening, let's get the week underway. democrats tonight threatening to shut down the government rather than approve funding for president trump's border wall and a government spending bill. lawmakers have until friday night to pass funding legislation that would keep the government open. attorney general jeff sessions today made his case for the wall saying that if democrats blocked funds voters should blame the dims for the resulting government shut down. >> the system works that whenever the government is shut down, people blame the republicans. let me tell you, if will be the democrats that shut this
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government down to block the fun funding of the wall. lou: on fox news sunday, mick mulvaney called on democrats to compromise. >> we're asking for our priorities, and personally we're offer -- importan personally wore offering their priorities as well. we have offered to open the discussion to give democrats something they want to get something we want. lou: sounds reason able. but democrats refuse to fun the wall, and have made it clear ey prefer to leave the border with mexico wide open, no matter how many deadly drugs are smuggled across that board, and no matter how many americans are killed. to discuss the president's request for $1.5 billion to fund the wall, threats from democratic leaders to shut down the government. congressman louie gohmert, a
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member of house. >house judiciary committee. let' start with this warm embrace on part of mick mul mulvaney. in whatever that i want to trade for that is a nice approach. does not seem to be anything that we're used to over past administration. >> we were not used to it with past administration. two administrations ago, the bush administration. he would enjoy anything that bush would be hospitable and provide, and walk out to the microphone call bush everything in the books. a lot of democrats do that i don't expect to see anything different from what people did
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democrats did. lou: congressman, i know you well. you are not a cynical person. you are a man, a big heart, big mind. we have big things to get done. >> we do. lou: and republicans come together on this. what do you think? $1.5 billion for a little -- we'll call this a barrier, some sort of obstacle, if not a wall. >> we can compromise -- we can finesse that. obama would take money that was geared for one thing and use it for something else. i don't advocate doing that. but there so much money in the budget that can be used, we have to make sure he has what he needs, he said, that we would build a wall, and mexico would pay for it. some people say, why does he need money, he didn't say when. like the bible god said if you
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ask for wisdom i'll give it, but he never said when. i have been asking since i was 6 years old, some things take time. i think that is the way with the wall, we'll build it and i can for antiyou trump will -- i can ga guarantee. trump will keep his word. listen there are 10 democrats in the senate that are straining because they are pulled one direction by schumer but pulled another by wanting to keep their seat. lou: we know how that pull works out. let me if you, we're talking about the phics for being a congressman. thhouse is controlled by the republican party. , so i hear. >> is it? lou: senate controlled by republicans. i believe it now that neil
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gorsuch has been confirmed. why should we have to worry about the government being shut down, why not just pass legislation. get it moving? straight away? >> i'm hoping that is what we'll do. i do think it is nice to reach out to offer an olive branch. i don't think that obama had the right approach, he and henry waxman saying. >> woe, you and i -- >> what? lou: i get a kick out of you. >> i think the world at you. lou: right back at you, but you go back to henry waxman. >> a contrast. that is the way they did it. we didn't need your votes, we don't want your vote, we don't care what your input is. this is not the way it should be. i am grateful mick and others are reaching out, let's reason
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together. that is the way we ought to do it. it is good to have a discussion, good to come together. some are accusing us on obamacare was not willing to come together. i could tell you we would have a deal already if leadership would not keep running in saying, no, no, thmoderates and conservatives condition reaccan't reach an agreement. lou: what is your speaker doing? paul ryan is nose diving in the polls. the american people don't think much of him. what are you doing with this speaker? he has betrayed this president, defied the agenda, the american and voters who put him in the white house. he is acting irrationaly. >> he thinks, apparently, this bill obamacare so-called repeal, was a good bill.
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but the trouble is, it's not. it's not near as good as the one we did two years ago. i don't know why we didn't go back there. lou: i don't want to litigate it. but i want to know what you are doing with a speaker who defies president. and makes conference that republican conference look like you folks lost your minds to put up with him, and call him a leader. he is the american people are telling you in poll after poll. there it is, he is viewed negatively. he has been nose diving, american people are not as dumb as he thinks they are. >> i hope we'll be able to be allowed to come to an agreement on obamacare. it is not going to be a repeal. we have to bring down
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premiums. lou: not a repeal? wait a minute. wait a minute. president campaigned on repealing it. people can't vote on them. >> they come up with, whoever it -- it wasn't trump's idea to have three buckets, he was told this is best way to get it through congress. lou: folks don't know what you are talking about, there were 3 phases to come to a sensible conclusion on obamacare, which is exploding. >> all we had to do is do what we did two years ago, and let free markets work. from antitrust laws. you have one monopoly. lou: we have such find small
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pickings talking about good themes that hav things that have been done with obamacare. >> i think we'll get a deal done, and we are going to get a deal done on taxes. lou: i hear you, i hear you. i appreciate it. >> i think we will. lou: but i just, i am not getting excited yet. >> it will happen. lou: you got it, great to have you. >> great to be with you. lou: we're coming right back with much more stray wit stay with us. >> industr treasury secretary mnuchin said that the tax plan will help middle america and business. >> president's agenda.
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>> north korea now threatens to attack the uss carl vinson and sink the aircraft carrier. how will president trump and our allies respond? that and much more straight earning your cash back shouldn't be this complicated. yet some cards limit where you earn bonus cash back to a few places. and then, change those places every few months. enough with that! (echo) with quicksilver from capital one you've always earned unlimited 1.5% cash back on every purchase, everywhere. welcome to unlimited. what's in your wallet? at angie's list, we believe there are certain things you can count on, like what goes down doesn't always come back up. [ toilet flushes ] so when you need a plumber, you can count on us to help you find the right person for the job. discover all the ways we can help at angie's list.
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first 10 100 days at ridiculous. before saturday president is planning on signing four more executive orders, president trump already signed 25 executive orders compared to 19 for president obama, 11 for george w. bush, 12 for bill clinton. and president trump is signed 28 laws compared to 14 for obama. 7 for bush, 22 for clinton. that about stacks it up for us on th on the01 hyundai thing -- 100 day thing. we'll find out when treasury secretary mnuchin said that administration is focusing on three major priorities. >> middle income tax cut, a
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priority of the president's. simplification. the average american should be able to do their taxes on a large post card. business tax reform, we need to makings taxes competitive, and we're expecting with doing that we'll bring back trillions of dollars from offshore. lou: sounds like a plan, but not good enough yet. joining me to discuss the busy week ahead for this president and congress, mollie heming way, and michael goodwin. mollie, i can only imagine your, excitement at 11in at learning more about tax reform plan. >> i am really excited. it is a big reason why our economy has been sluggish for obama's 8 year term. this is a big part of the
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trump agenda to get the economy moving, growth above 3%. i am surprised that he is including a middle class tax cut, that could be a big deficit buster. lou: surprised? >> there should be broad bipartisan consensus on corporate tax rate, i think you will see a lot of resistants for democrats, maybe it is an opening bid. lou: i think that middle class ought to go ballistic if there is no tax cut. it has been shrinking, if president in focusing on middle class, those jobs and those wages have been sta stagnant. >> i think that is a part of it. i think also has to be part of a package to get buy in for
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the corporate tax, which democrats will resist. i think it is going to be a long slog. they are doing it wednesday. but i don't think they will give us more than he said. lou: i think mollie may have outlined it every bid as well as secretary might aspire to do. it could be largest tax cut in personal income rates you know, ever. i just have a hard time understanding how with 20 trillion dollar national debt, have a billion trade deficits, we know we're going above that
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in budget deficits over next 5 years. this is a tough time to say i want my 15% corporate tax cut, of which i respect. but it will be tough in terms of fiscal policy in achieve. >> it is very important that people understand our high corporate tax rates are globally unhappened they are corps. >> they can just pick up and go elsewhere that helped all voters, all people who are beneficiaries of a thriving economy, our economy has been slow sluggish. i don't think that people care that much about deficits as much as i do. but a middle class tax cut would be explosive to deficit.
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lou: michael is nodding his head in animated agreement. i am reserving mine. >> i think that the elephant in the room is congress. mnuchin has said, he doesn' believe anything will get through congress this year. but lou, just, i think that trump has a lot to point to. but the failure to repeal obamacare. i agree with you on failure of paul ryan's leadership. does not bode well for anything that president is pushing. >> if they don't replace this speaker. for one of a better word, they will be in real trouble. they have enough without having to put up with a speaker who is -- has gone rogue. and suffering from delusions of grandure.
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>> he is also mia where has he been. lou: he has been pursuing his foreign policy, in europe straightening things out. whatever his aspirations are or realized will be set in place, the man has lost it, no question. mollie, something not discussed in terms of corporate tax rate often is the effective tax rate, it is about 17%. i think that administration is running a huge risk of over selling the impact of a cut even to 15% i in tact cut and has -- tax cut and has to be i would hope they be careful here, they are not going to be able to make much headway for reasons and you and michael have outlined. i see all sorts of trouble created in the house where they are not ready to lineup.
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>> i do think that we'll see news on healthcare, and fact that paul ryan has been quiet may be a good sign, given how poorly he handled that first rom out. lou: do you think that this man learns anything. >> i hope so. lou: we can join in hope. i'm told we have to wrap. >> president trump has made it clear he would like health care taking care of before they deal with tax roll out, it is important to get those savings, then we can pay forward on these corporate tax rates. marginal tax rates are still cartoo karicar -- high. >> word. lou: shy i she is right about corporate rate. >> i think that president will have a hard time getting anything through congress that
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makes a difference to middle class that will be the rub, and so, i predict. lou: he got elected building a wall, elected saying america first and elected saying that american worker will no longer be the for forgotten man. i don't care about tax reform or any other part of that agenda, as long as he focus ons that he will be here 8 years and much more. that is the beauty of it, mollie heming way. and michael goodwin thank you. >> vote in our poll, if dems refuse to under the wall would you blame them in government shuts down as a result? cast your vote on twitter at lou dobbs or follow me on twitter, facebook or instagram. on wall street stocks soaring after so-called centrist, in europe that would be a communist, emmanuel macron pulled in highest number of
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votes in first round of french presidential elected. by 2 percent. dow up 216 on all of that. if you believe so-called analyst. sis&p up 25, volume on big board 3 .5 billion shares. european stocks surged. listen to my reports three time a day coast to coast on the salem radio network. up next, the fight to build the border wall, subject of my commentary. attorney general sessions calling on state officials to complete with national immigration laws. >> there is nothing extreme or unreasonable, i urge our mayors and politicians to listen to our law offices, let's work together and cooperate, and remove dangerous criminals from
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lou: a heated standoff between the nation's top law enforcement officindhe attorney general of the state of california. attorney general jeff sessions acueding him of jeopardizing public safety with his sanctuary city policies. william lajeunesse with our report. reporter: los angeles, ground zero in the war over cities that refuse to hand over criminal aliens. >> you said years ago you would see 100 people a night on a
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friday from l.a. county jail, now what do you see? >> 5-75 for an entire work. >> this detention facility processed thousands of illegal aliens for deportation. but now according to i.c.e. most get released to the streets instead. >> here is a criminal alien, someone we can use our unique authorities to remove them from the community and ultimately remove them from the country. and again there are law enforcement agencies that are just letting them go. >> it's nothing extreme will saying if someone comes to our country unlawfully and commits a crime, another crime in the country, that they should be deported. reporter: sanctuary yours decks say immigration is not their problem. >> they have the responsibility
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to enforce immigration law. we are not in the business of deportation, they are. reporter: jeff sessions said when they accepted federal grant money they agreed to follow federal law. >> state and local government cannot bar their police and law enforcement officers from sharing information from the federal government. reporter: that sharing occurs when inmates get booked into jail. finger print are transported to i.c.e. >> we can move anywhere we need to whether court of public opinion or court of law that we are protecting our people. reporter: sessions has given california and state able wary cities a june deadline to prove they are not in violation of federal law. lou: protect our people, he said.
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an odd choice of words. the youth is no longer a sanctuary nation, not one the bush and obama administrations tried to create. president trump's executive orders and policies have been influential in cutting illegal immigration by 70% the past two months. now the trump administration is making prelip nary funding for the border wall a stop budget priority. mr. trump tweeted this saying the wall is a very important tool in stopping drugs from pouring into our country and poisoning our youth and many others. if the wall is not built, which it will be, the drug situation will nevere solved theay it should be. jeff sessions point together economic benefits of a secure border. >> it will save us billions of dollars. the numbers of people coming will be reduced dramatically.
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the number of drugs entering our country will be reduced. we are going to get fee out of the country to these cub tries that aren't taking them back. it's going to save us hundreds of millions, billions of dollars. lou: each year mexican drug cartels rake in $64 billion in prove fits from sale of drugs. latin american drug cartels blamed for the 52,000 plus deaths from drution drug overdoses in 2015 alone. the trump administration appears to designate ms-13 as a
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terrorist organization. the white house wants $1.5 billion in the new spending bill for the wall. attorney general sessions says we can pay for that wallaby eliminating $4 billion a year in inappropriate and sometimes fraudulent tax credits going to illegal immigrants. $4 billion a year. the cost of open borders has reached outrageous proportions and it would be rising even further if americans hadn't elected donald trump. and if the dems are willing to shut down the government and leave our borders open to the smuggling of illegal aliens, drugs and terrorists unimpede, then the dems are doomed to
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perpetual irrelevance in my opinion and the shame for leaving our great nation defenseless. the quotation of the evening comes from jeff sessions. donald trump is right. we need to end the cycle of hostility putting our country at risk. the wall is a multiplier in my judgment of force and the most efficient protection for our country, that barrier along the border with mexico. it's time to build it. we are coming right back. president trump calls on our allies to help stop the rising north korea environment nuclear threat. we take all of that up with ambassador john bone on.
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