tv After the Bell FOX Business May 23, 2017 4:00pm-5:01pm EDT
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forward. how many times you had a show, this wasn't expected to happen, look what happened to the markets. [closing bell rings] liz: good to see you, mark. mark madsen. markets make it four winners in a row at the closing bell. that is four-days straight upside move. david, melissa have it there. melissa: sneeze to start it out. sorry, i don't think i have ever done that before. david: stocks pushing higher. the dow closing up 40 points. 50 points before we saw last week's big selloff. s&p and nasdaq climbing as well. both positive for the months. i'm melissa francis. no, i'm david asman. we're together again! melissa: this is "after the bell," more on what is driving markets. here is what we are covering for you during this very busy hour. taxpayers first. white house unveiling the president's controversial plan for the budget. director mick mulvaney says they're looking at it through
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the eyes of people actually paying the bills. can you imagine? what is in and what's out? >> we must drive out the terrorists and the extremists from our midst. obliterate this evil ideology, and protect and defend our citizens and people of the world. melissa: president responding to the deadly attack in manchester as cities around the world on high alert. new developments just coming in. what we know about the man behind the attack and who may have helped him. among our guest this is hour, former new york state head of homeland security michael balboni, fox national security and foreign policy expert walid phares and former reagan budget director david stockman. david: nice lineup there. melissa: all right, the dow ticking higher for the fourth day in a row. ashley webster on the floor of the new york stock exchange. ashley what is fueling stocks today?
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ashley: melissa, on a day where stocks haven't moved that much, all analysts say it was moving in a tight range. that is pretty much what it has done all day. look at s&p, the dow, we gained 43 points, not bad. s&p 500 trying to break you there the 2400 resistance level. touched it a couple of times today but bounced back. we kept an eye on that. the banks have been leading the way today. back on the dow, goldman and jpmorgan basically accounting for almost 65% of what the dow did today. so banks rallying. chances of a fed rate hike next month, currently fed funds future rate, 83% chance. higher interest rates means better profits for banks. so the banks today, which have been beaten down just a little recently. gaining background today. other interesting story yet again, battling the u.s. government. u.s. justice department filing a lawsuit again today claiming automaker was cheating on some
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of its software for diesel engine cars, specifically the jeep grand cherokee and ram pickup trucks. fiat chrysler saying no way, we didn't do it. we'll fight this vigorously. you can see the stock moving slightly lower but a day where we traded in a tight range, guys. back to you. melissa: ashley, thank you for that. david: look at oil ending higher for the fifth straight day ending at 51.47 a barrel on growing optimism opec will extend production cuts next year when they meet on thursday. look at gold moving in the opposite direction. it is down 10 bucks falling from a three-wreak high. the dollar found support after the manchester terror attacks. melissa: stocks unchanged by terror in england, trading to the upside for the fourth consecutive day while wall street keep as steady eye on president trump's tour abroad and the agenda here at home. jonathan hoenig of capitalist pig hedge fund, james freeman of "the wall street journal." both are fox news contributors.
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james, so what is your take on the market reaction here? it is encouraging that we didn't see a huge downdraft or does it mean we're getting used to this? >> the point that this is sadly all too common. we've seen this run of attacks the last few years. in the uk before this and germany and sweden. this is sadly part of modern life. i suppose if you were inclined to be concerned from a financial perspective you're probably reassured by the fact that the president already on this trip before the tragic event was really rallying the world or attempting to face this problem and make it a priority. melissa: jonathan, he was rallying the world. gives him more backup in so many senses. >> certainly brings all scene people, all life-love being people together a terrible attack like this melissa. a deck skate ago an attack like
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this would have hurt the market. remember the change in color-coded threat level a decade back would hurt the market. none of that today. the brett was quite good. -- breadth. as long as we continue to see strength and particularly with technology the sky's the limit and trend continues to be up. melissa: thanks, guys. david: the white house pushing ahead with their packed agenda, and releasing their budget for the 2018 fiscal year. adam shapiro is live in d.c. with the details of that budget. hi, adam. reporter: hey, david. the key to this budget according to the administration, trump-nomics, sustainable 3% gdp growth, growth in this economy going forward, and the way to get there is tax reform, regulation reform and easing the burden on american taxpayers. here is how they intend to do it. first what the budget is proposing in twenty 18. we have a full screen to show you.
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these are key spending increases over next 10 years. 200 billion as seed for over a trillion dollars in spending but 200 billion from taxpayers. expanding veterans choice program. 29 bil first new parental leave program, first time ever in the country, six weeks parental leave, $19 billion. increased border security, money for the actual wall on the southern border as well as additional hiring of border control agents and aircraft and technology, 2.6 billion. now where the cuts in growth, remember in washington a cut is not the way you and i think about cutting the budget. it is cut in growth over next 10 years. medicaid and children's health insurance program, known as chip, 616 billion. food stamps, almost 200 billion cut there. student loan program changes, 143 billion. they make it easier in the student loan proposal easier for loan forgiveness after 20 years. disability programs like
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social security disability insurance, $72 billion. well, you can imagine the reaction to all of this. but in the words of budget director mick mulvaney, we need to do this here is what he told us earlier today. >> if i could look you in the eye say look, i need to take thisoney from you so i can help this injured vet, i can do that in go conscie you in the eye, i my guess you're okay with that. i am a lot less comfortable to the point not wanting to look you in the eye, i need to take this money from you to give to the person over here but isn't disabled but getting a disabled benefit. reporter: critics have been loud and strong on capitol hill today. chuck schumer called this essentially a clobbering of the middle class. here is what nancy pelosi had to say about it. >> so we're talking about social security, medicare and medicaid. this is a killer for the american people. a literally a killer. reporter: so the budget has been brought to capitol hill.
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mick mulvaney will testify tomorrow as will steve mnuchin, secretary of the treasury. so the negotiations begin. we are off to the races. david? david: all right. adam, thank you very much. here is what really separate this is budget from those of previous administrations. according to cbo director mick mulvaney, take a listen. >> we haven't spent nearly enough time focusing our attention on people who pay the taxes. i got a couple questions yesterday, i know i will today about compassion. compassion needs to be on both sides of equation. you have to have compassion from folks receiving federal funds you have to have compassion for folks paying it. david: david stockman, former reagan budget director, and "trumped" author. david, isn't it nice finally somebody who has concern for those of us who pay so much of our paycheck in taxes? >> yes, exactly, at last. also focus on balancing the budget after with run up
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20 trillion of debt in the last two or three -- david: they say they can do it in 10 years. do you believe them? >>pplaud ther the target. the math of getting there is totally unlikely or impossible but at least they laid out a target and have 3 trillion worth of real spending cuts in the budget that would help stem the red ink that i think is a great danger to the country. david: you heard adam specify, i think it is a good specification, these aren't always cuts in terms of cutting from 100 to 99. it is cut in the level of increase, right? so instead of growing from 100 to 110, you grow from 100 to 105 for example? >> that's correct. we're looking 10-year budgets. that is how they do it. built in 50.5 trillion of spending if you can imagine number of that big. cutting 3 trillion.
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that is%. that ought to be totally doable. the problem is they have ring fenced too much of the budget. they said no social security cuts, no medicare cuts. david: right. >> defense is 6.5 trillion. they want to add to it. veterans and so forth. the simple math is that 40 trillion of spending over the next decade for the items i just mentioned is ring fenced, set aside. david: i want to make a little correction, maybe it is not as much of a correction as it is a point ofcation. social security has disability payments, and as we know there is a lot of flimflam artists taking advantage of this saying they're disabled when they're not, getting billions and billions of tax dollars. finally will cut back on that, people won't get paid for not working, able people won't get paid for not working. >> i agree with that. there is 72 billion over 10 years. on other hand disability will cost 1.8 trillion. so i think it is just a nick.
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we could actually do a lot more. that is only 4%. david: right. >> so i applaud that. but the point i'm trying to make is, that if you throw in disability, medicare, and retirement for social security, it is 23.5 trillion. david: right. >> you're only cutting 72 billion. it's a rounding error. david: david, even though not enough for you it is considered draconian by the press. "washington post," "new york times," quoting all people, thousands if not millions of americans will suffer, and there is this about whether or not it actually works. larry summers, a guy who we should remind everybody was totally wrong when he worked for president obama about how much the economy would grow, he said it would grow 4 1/2%. in fact it grew 1.9%. so he was way off. he calls the trump budget ludicrous which you say what? >> well i would say that anything larry summers has to say is inherently wrong, and
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that ought to be a source of comfort. on the other hand, there is another thing that important in this budget and that is the big tax cut is presented as revenue neutral. david: right. >> no more magic napkins from art laffer. the idea is -- david: even though he was right? >> he wasn't right. david: he was right but we can talk about that some other time. >> that is another time. the point is with 20 trillion of debt, another 10 built in, unless we do something, we have to pay for our tax cut. we do need corporate reduction. we do need rate reduction. but it needs to be paid for with a broader base, loophole closings. they left all that unspecified for the future. david: i would just add one more thinkings before we go, we really got to run. the fact we need growth more than anything else in this economy right now. and tax cuts will le to more growth, will they not, quickly >> if they're revenue utral, i don't think they will lead to that much growth.
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this budget has in it double the growth that we've had in the last 10 years. you i think that's pie in the sky. david: even though only 3%. that is all we're asking for, historical average. >> when it comes to revenue, what drives is nominal, not real. they have 5% nominal growth for 10 years without a recession. 207 quarters has never happened in human history. and that is double the nominal growth that we've had since 06. that is the problem. david: but you applaud the effort. >> i do. david: david stockman, throw that in there, author of the book "trumped." you have to read the book. appreciate you being here. melissa: breaking knew right now. fox learned kentucky senator rand paul plans to force a vote coming weeks to get senators on the record of approvalling or disapproving 1,110,000,000,000-dollar arms deal president trump cut with saudi arabia. paul's measure is non-binding
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resolution of disapproval. the senate would vote on the resolution in june or july. david: that is interesting. former cia director john brennan on the record testifying before capitol hill. what he says concerns him involving russian interference in our election. melissa: new details emerging in the most horrific terror attack in the uk in more than a decade. we'll take you live from manchester on the latest on the investigation and victims. david: cities all over the world are ramping up security after the attack. could something like that happen here at home? >> we can not stand a moment longer for the slaughter of innocent people. and in today's attack, it was mostly innocent children. ♪ dear predictable, there's no other way to say this. it's over. i've found a permanent escape from monotony.
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david: 22 people killed in a terror attack at an ariana grande concert in manchester, one was just eight years old. the man identified with isis calling him a quote, soldier of caliphate. fox news's rick leventhal in manchester with the latest. rick, you don't see many people around now, what is the the san there? reporter: very different than it was 23 or so hours ago, david, when the attack happened. there are still police here. this road is still closed. there is police tape up but very, very quiet here. last night it was screams and sirens. this is victoria station here. one of the man hubs to man christer. contacted to it, manchester arena, largest indoor concert
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venue in the u.k. they believe he blew himself between the train station and concert hall just as packed house of 21,000 people was heading to the exits after the ariana grande concert ended. there was chaos at that point as a crowd of mostly preteens and teens and young adults heard the explosion. then there were screams and panic and a stampede for those, its. at least 22 killed in the blast. as you mentioned one of them was an 8-year-old girl named sophie. and another student, georgina calendar. nuts and bolts were packed into the ied to maximize the carnage. authorities with the crime task trying to identify the rest of the dead. >> it is absolutely barbaric attack that has taken place, to cut off young lives in this way. it is absolutely devastating and our thoughts and prayers must be with their families and friends
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at this horrendous tragedy that has taken place. reporter: the city of manchester in mourning tonight. it is about 210 miles north of london. a major city with 500,000 people and thousands of those residents were very close to us here in albert square for a candlelight vigil late this afternoon, early this evening, holding signs and candles and saying prayers and silent prayers in many cases for those victims as mi5 and manchester police and other agencies continue their hunt for not just accomplices but any evidence that might link anyone else to this horrific terror attack, david. david: all right. rick leventhal in manchester. rick, thank you very much. melissa. melissa: broken, following the deadly attack, ariana grande tweeting, from the bottom of my heart i am so, so sorry. i have don't have words. the singer was reportedly in hysterics after learning of
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fatalities in the blast which occurred as fans were leaving her concert. despite initial reports that grande suspended her world tour, all future concerts are still on, according to the associated press. david: wow. you could see one of the dead had actually posed with arianna at a previous concert. it must be hitting hard. what could be the hardest deal of all? we're going to bring you an update from jerusalem on the president's progress towards negotiating a peace, a kind of a peace between israelis and palestinians. we'll try to explain what that is. next fox news national security and foreign policy expert walid phares weighing in. >> plus u.s. concert venues are ramping up security following the deadly blasts in manchester. how officials planning to keep americans safe here at home. >> new york is obviously the number one target in the world but there are many targets throughout the world like we saw that are vulnerable and that
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david: trying to do what no other administration has done before, president trump meeting with palestinian president mahmoud abbas before he left for rome, vowing to do whatever he can to facilitate a lasting peace deal between the israelis and the palestinians. our own blake burman in jerusalem with the latest. blake? reporter: before president trump left the middle east earlier today, he sent a forceful message how terrorists should be viewed. standing alongside palestinian leader mahmoud abbas in bethlehem, president trump responded to the manp chester attack by saying he would label terrorists going forward this way. >> i will call them from now on losers because that is what they are, they're losers.
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we'll have more of them. but they're losers. reporter: the president ended his trip in es rail by visiting israel's largest holocaust memorial. culminated with series of public events with israeli prime minister benjamin netanyahu with a speech at the israel museum. the president made it very clear that the trump administration will stand by israel against all threats. >> isis targets jewish neighborhoods, synagogues and storefronts, and iran's leaders routinely call for israel's destruction. not with donald j. trump. believe me. [applause] reporter: after meeting with arab leaders over the weekend in saudi arabia and diving head first over the last two days in israel, into the mid-east peace process, the president is now in
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rome where he will meet with pope francis tomorrow. back to you in new york. melissa: here now is walid phares, former trump campaign foreign policy advisor. he is also fox news national security and foreign policy expert. sir, thank you so much for joining us. what did you make of this part of the trip so far, the two stops he has made in terms of progress? you know i mean there was a lot of positive sentiment in the sense that he put a very strong face on our policy for the first time in a long time. but then again at the same time there weren't specific policy proposals. how do you net that out? >> well i don't suggest that he will have a very clear policy proposal during those two symbolic days but symbolism is the most important. i can testify to one thing, out of the mind of donald trump he personally wants to achieve a deal. i heard hit from his own words in 2015.
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reality is, that he has to build trust on both sides. he has to build trust with israel that the united states will be faithful and in solidarity with it. that is what he has to accomplish. he has to have also the trust of the palestinians, this time it's a serious step towards, you know, the goals of the palestinians which is to have a space to have an entity. now it is important to understand that the arab summits that he has conducted are going to be very helpful. for him to bring in the palestinians and for him to reassure the israelis now these arabs will be with us, with the united states and looking at iran. so that may be a moment, and a linement of planets. melissa: yeah. do you think, in terms of he has vowed to do whatever is necessary. at the same time part of his speech was about leaving old hurt behind but at the same time when you hear both sides, they harken back to the same themes. benjamin netanyahu rightly talks
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about the fact that among palestinians if you're a suicide bomber you get a payment, you're a hero, and palestinians talk about, they're just fighting for need dom and liberty. it is sort of the same refrain. he is leaving those ideas behind totart fresh. is that possible, is that realistic, can he do that? >> it all depends on the strategic intention of our administration, of our president. number one he knows the israelis, all governments in israel need historic reassures what is is happening on the other side will be full elimination of terrorism and violence. that is one goal they will have to achieve. i'm sure he shared this with president mahmoud abbas. on palestinian side, guess what? they want to be assured arab countries will support them economically and otherwise if there is a solution so they won't become a failed state as was the case with southern sudan unfortunately. melissa: walid, thank you so much for your time.
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we really appreciate it. >> thank you. david: what struck me most after all that we have seen so far from this trip was his speech in saudi arabia. melissa: yeah. david: which was so strong. and that, it reminded me of reagan's tear down this wall. he said we will not abide by terrorism anymore in the middle east. you guys have to step up and drive -- melissa: drive them out, he repeated, drive them out, which sounds like tear down that wall. juxtapose, what do you think of evil losers? that was the choice, the white house said he chose that phrase. he didn't want to say monsters because he thinks they would like that better. david: all the sophisticates hate it, this is donald trump being simplistic again, if he want to get to the people, what drives these middle east terrorists more than anything else is the idea they are wiing. if he can get that idea in that they're losers psychologically it is much more important. melissa: they were saying that the idea that they're getting ahead is sort of what is a lot of allowing them to recruit people. the word choice was deliberate.
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it is interesting. david: it is. here is another look at the markets. major averages all closing higher today, the dow climbing for the fourth day in a row, driven higher by shares of goldman sachs, caterpillar and jpmorgan. melissa: targeting terror in yemen. president trump taking new action against al qaeda. details on the navy seal operation on the ground. that is next. david: it was a big operation. isis claiming responsibility. police are searching for any kind of answers in that deadly concert bombing in manchester. the very latest on the suspected bomber. catherine herridge joining us coming up. ♪ these goofy glasses.
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mercedes-benz. the best or nothing. david: the very latest now on the uk terror attack isis claiming responsibility for the explosion that left 22 dead, dozens injured. catherine herridge, fox news chief intelligence correspondent is live in d.c., an catherine, we're getting word from those intel officials abroad, aren't we? reporter: we are, david, and thank you. investigators are building at this hour, of the suspect, 22-year-old salman abed did i. what his movements leading up to the at dach, travel, who he communicated with. electronics will play significant role in the case with u.s. counterterrorism investigator telling fox news a preliminary review of social media accounts linked to that
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name came up dry. meantime a congressional source told fox that the forensic he review of the improvised explosive device sunday way. the shrapnel used to deadly effect is vital clue. investigators can trace nuts, bolts, nails to a manufacturer, to point of sale, bring in security camera from the merchant so they can identify who gout the bomb parts. british intelligence agencies are in the lead providing regular updates to the cia as well as the fbi and the director of national intelligence telling a senate panel today his analysts are working to verify that isis claim of responsibility adding -- >> this threat is real. it is not going away, and needs significant attention to do everythinge can proct o people from these kinds of attacks. reporter: counterterrorism investigator told fox there may be some significance to the fact that there are discrepancies between the isis claim of responsibility and what actually
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happened in manchester. the original claims that were posted on social media talked about planting multiple devices, planting, suggesting it may not have been intention of the bomber to die in the attack, david. david: catherine herridge, thank you very much. melissa. melissa: all right. so here now is scott ulinger, a former cia operations officer. what sticks out to you from what you just heard from catherine? >> i think the thing most compelling whether indeed isis is responsible or some sort of self-radicalization, the point right now he was known by british counterterrorism forces before the attack in some capacity and right now there are 3500 people who are under basically terrorist surveillance within great britain itself. melissa: wow. >> the sad thing about that it shows how utterly stretched thin the british forces are. there are simply too many radical extremists to keep track of all the time. this is repeated in germany,
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france, many other places where the terrorists were known to the local security services. >> they can't even monitor them because there are too many. what do you think about catherine as reporting, based on the sophistication of what he did, he either had to be coached in person or on line to execute this? >> that is, extremely likely exactly. the making, the construction of a sucide vest and assemblage of the materials to do that would indicate there was at least another individual involved. and plus there was probably, he was conducting surveillance of the area probably about a month in advance or so for an attack like this. shows you even with the security precautions, he did it between a rail station and a concert hall. there is always going to be holes in the defense which can be exploited. >> what do you think about in terms of now we know the what the situation was about fighting back? you have the combination of president trump calling on islamic and muslim leaders to
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drive you out these forces from their country. also the choice of words, calling them an evil loser, what do you think of the strategy? >> i think it is important that president trump has done that. it's a major step forward compared to the previous administration. it has to be done, perhaps this attack will underscore to world leaders particularly in the muslim world that this needs to be done. that these people conducting plots, et cetera, in mosques are certainly also undermining the security of nations in which they're living as well. melissa: is that the piece of the puzzle we're missing? we talk about the radicalization is out of control in these other countries. you hear american and u.s. leaders saying we have the best forces this and that but you feel like this, so many things happed in so many places and seems to be happening so often we don't even see the stock market react. what missing ingredient is there to making it stop? >> that is a very difficult question but i think that president trump is on the right path.
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with very to continue to build bridges with arab leaders or leaders in the middle east to try to come to an understanding to limit this. because now the plethora of plots, perhaps by lone wolves -- david: excuse me one second. we have breaking news. this is british prime minister theresa may. let's listen. >> the police and other emergency services. it remains the case that other than the terrorist himself, 22 people were killed in the attack. 59 people remain injured and many of them have life-threatening conditions. as greater manchester police confirmed earlier today the perpetrator was salman ramadan abedi, a 22-year-old born and brought up in britain. as the emergency services have confirmed throughout the day, his victims were innocent children, young people, and their families. our thoughts and prayers are
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with them all. i want to reiterate what i said this morning about the professionalism of the emergency services and the bravery of the people of manchester. through their actions they proved that cowardice will always be defeated by bravery but evil can be overcome by good, and that our values, the liberal pluralistic values of britain will alls over power those of terrorists. the security services needed to investigate whether or not abedi acted alone. those investigations continue but the work undertaken throughout the day has revealed that it is a possibility we can not ignore, that there is a wider group of individuals linked to this attack. this morning i said that the
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joint terrorism analysis center, the independent organization responsible for setting the threat level on the basis of the intelligence available, was keeping the threat level unconstant review. it is now concluded on the basis of today's investigations that the threat level should be increased for the time-being from severe to critical. this means that there their assessment is not only that an attack remains highly likely but a further attack may be imminent. the change in the threat level means that there will be additional resources and support mades they work to keep us all safe. as a result of j.t. ac's decision, the police asked for authorization from the secretary of state for defense to deploy a number of armed military personnel in support of their armed officers.
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this request is part of a well-established plan known as operation testimony pour a, which both the armed forces and police officers are involved are trained and well-prepared for work in this quite of environment. the secretary of defense has approved this and testimony pour a is now in force. they will be guarding key sites replaced by members of the armed forces which will allow the police to significantly increase the number of armed officers on patrol in key locations. you might also see military personnel deployed at certain events such as concerts and sports matches, helping the police keep the public se. in all circumstances members of the armed forces who are deployed in this way will be under the command of police officers.
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precisely how the military and armed police officers will be deployed is an operational decision for police commanders, and assistant commissioner mark roly of the metropolitan police will make a statement giving further details at new scotland yard later this evening. in the coming days and weeks there will of course be many events hosted up and down the country. the police will work with the organizers and hosts of thieves events to come to a judgment of how they can go ahead while making sure that people who attend them are safe and secure. i do not want the public to feel unduly alarmed. we have faced a serious terrorist threat in our country for many years. as operational responsive just outlined is a proportionate and sensible response to the threat that our security experts judge we face.
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i ask everybody to be vigilant and cooperate with and support the police as they go about their important work. i want to end by repeating the important message i gave in my statement earlier today. we will take every measure avaie to us and provide every additional he resource to police and security services as they work to protect the public. while we mourn the victims of last night's appalling attack, we stand defiant. the spirit of manchester and the spirit of britain is far mightier than the sick plots of depraved terrorists. that is why the terrorists will never win. and we will prevail. melissa: all right. we were listening to theresa may, the british prime minister, reacting to the events of yesterday.
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scott is still with us. one of the most significant things obviously as part of that announcement was raising the threat level from severe to critical and what that means is, they're going to be armed forces into the street to back up police. what do you make of that? >> going short of martial law, they will be under command of police officers, a step paris took in the wake of the attacks. i it is appropriate. british forces and their compatriots are stretched to the breaking point trying to keep under control radical extremism in their respective countries. melissa: that is a response to the threat they still think is out there at this hour. they think that the terrorists may have been operating with other people but it reveals a much more frightening state of what we're seeing around the world. >> absolutely does. melissa: she made the point this was someone who was born and raised in great britain. >> that's right. >> not like this is terrorist that infiltrated from somewhere
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else. somedy as you saidoesn't embrace the ideology she was just talking about. >> that is the problem. the major disconnect in british society, and french society in that matter is a great number of people born and raised in these countries do not agree with this liberal progressive model the prime minister is discussing. they have had surveys of islamic british citizens. i think as many as 10 or 15% of them did not believe in these inherent western values. and that is the source of a great deal of tension in these societies. melissa: and it's spreading and this is how people -- >> through the internet. >> radicalized. how we're seeing, whether they're organized or lone wolf or however you want to call it, obviously it is a tremendous threat. it goes back to that question of, as this spreads, what do you do about it to stop it? >> clearly the political correctness just has infused europe is not the answer because they have been applying this
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politically-correct doctrine of inclusiveness for at least two generations. melissa: that is not the answer. it is not the cause but it is not the answer. you're not trying to say that as well. >> it is not the answer. melissa: so is the answer then so much of what president trump said on this trip, it is up to muslim leaders around the world to drive this out? historic speech that he made in saudi arabia. >> that's right. melissa: talking about you must drive this evil out? >> that's right. that is certainly a step in the right direction. melissa: how do you make that happen? they have to agree to get on board? >> the first step to solving a problem at mitt you have one. president trump brought it to the attention of middle east leaders they have a problem. that is something that the previous administration was unwilling an unable to do. melissa: the fact we brought it on ourselves with our actions. >> so, we must deal with this forthrightly and honestly to start working toward a solution. melissa: all right. scott, thank you for all your help. we really appreciate it. david? david: the terrorists slaughtering abroad could it
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>> it is now concluded on the basis of today's investigations, that the threat level should be increased for the time-being from severe to critical. david: british prime minister theresa may just moments ago raising the terror threat level saying another attack may be imminent. former director of homeland security for the state of new york michael balboni joining us now. you should we do the same? >> one of the questions we have to ask what is the ability for them to project what they did there here?
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these attacks tend to be local in nature. they don't tend to have -- david: not worldwide. >> because takes a lot of planning and training to be able to develop the bomb itself. you don't transport those things very easily. what we you saw here, this is an attack that took place after obviously preoperational surveillance to find out what the timing was of the event and to use the transportation by rail as opposed to a car. david: by the way even if there was a lone terrorist suicide bomber, catherine herridge, great reporter that we have, has discovered that it appears to intel officials both over in britain and here, that the sophistication of the bombing design would have required some kind of help outside of what that terrorist had for himself. >> very true because these are devices that are not easily made. not something you can cook up in yourasement. in addition which there are logistical concerns. i think in the last segment you talked about the fact he must
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have had at least coaching on the web, if not direct support. i think that is what you're going to find here. david: let's bring it back to the united states. you heard her say that in fact they will replace police encampments with military encampments. we can't do the same. if things deteriorate in terms of intel we can't replace police were military official. >> in new york state we have national guard at pen station and grand central station and some bridges and airports. for the most part that is not a part of the security upgrade. that would have to be agreement with the local states and what they're doing in the cities. here in new york city, and l.a., across the country, there are very sophisticated robust security elements they would have to go a long way to get exhausted and go to the federal government, send in the troops. that is more martial law.
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david: a week ago we had the nut driving in times square. turned out not to be a terrorist per se, not a foreign-trained terrorist. just a nut that drove up in a deadly mow-down attack. i bring that up, wonder what keeps you up at night? is it that kind of attack? what we we saw last night in britain, what? >> that is such a hard answer because there are some things. what happened here, the targeting of innocent civilians at a concert where there is lots of children, waiting for them to leave, lying in wait, is one of the most chilling aspects. anytime you have a crowd that is unprotected and someone who would beed to go in do that, that is the thing to do that hardest to stop, hardest to spot and hardest to deal with ahead of time. that is -- we have changed our whole attitude about security. no longer way it used to be, if it was crime, you arrest an individual after investigation, you put them in jail.
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here it is about stopping the act before it happens. that is incredibly difficult. david: dealing with evil. when these people who took credit for this, said that, they were justified because an 8-year-old girl is a crusader. an 8-year-old girl going to a concert in her own hometown. >> it is madness but madness these individuals have adopted. david: michael balboni, thank you very much. melissa. melissa: questioning the president's faith. president trump gearing up for another meeting with a world leader tomorrow, coming face-to-face with pope francis for the first time after clashing during the presidential campaign. ♪ index investing for that low? that's three times less than fidelity... ...and four times less than vanguard. what's next, no minimums? ...no minimums. schwab has lowered the cost of investing again. introducing the lowest cost index funds in the industry with no minimums. i bet they're calling about the schwab news.
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walls wherever they may be and not of building bridges is not help. >> trump responded it's grateful. >> if you want to see the meeting live, it's at 2:00 a.m. this morning, father jerry will be there on fox news. >> here's risk and reward. [screaming] >> i won't call them monsters because they would like that term. i will call them from now on losers because that's what they are. [screaming] >> it was just chaos. just chaos. >> we
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