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tv   Cavuto Coast to Coast  FOX Business  May 25, 2017 12:00pm-2:01pm EDT

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dow pulling back a little bit. remember other two major indices. s&p 500 and nasdaq started at all-time highs. maybe the dow jones industrial average will join them. now, neil cavuto will take it away. neil: thank you very much, i find it so in and out of this record territory which is getting seasonably close. i want to share something with you first, almost riling me as much as this budget cut or not budget cut thing, i have to go half a globe way to see it, measure it, understand it and just want to vomit over it. look at this. >> over the last eight years the united states spent more on defense than all other nato countries combined. if all nato members had spent just 2% of their gdp on defense last year, we would have had another $119 billion for our collective defense, and for the
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financing of additional nato reserves. neil: those are foreign leaders snickering at president trump, snickering at the man who leads the country that they pays the lion's share of nato's bills and it is simply asking could you guys just help pay up? i'm told in the group picture organized, they virtually ignored him, offended. this is the new leader of france, leader of italy, ignoring, laughing, snickering at president of the united states simply because he had the gall to say, you know, it would help if we all stuck to that original goal when we came up with the nato concept of every member country forking over 2% of their budget to these defense-related matters. and they laughed. but something tells me they didn't nod laugh in the past when we were there in world war ii. when we were there in great
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rebuilding of europe with the marshall plan. they did not laugh and do not laugh when they couldn't handle a dictator in their own midst. anyone remember the name milosevic? then we had to intervene. they did not recall, would seem the collapse of the berlin wall inspired in large part by a united states that was galvanizing those efforts, efforts on part of ronald reagan and pope john paul ii made possible. it was our money it, was our leadership. it was our directives that made all of that possible. we are simply saying to to form this new world order how about you pay up equally not exclusively on the united states. this is coming again from the same european community it is tired of the u.s. above all others motif. that we are part of globalist society. if you are a part of a globalist society, then pay up as a society.
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but these leaders in this group shot including angela merkel of germany and so many others, largely ignoring the president of the united statessome of them snickering at him, they ve no problem relyg on our money, relying on our support, relying on the united states to carry the ball for them. this, little more than 24 hours after we had a raging debate in this country what constitutes a cut. i don't know what german or italian or french is for lemming loser, but man, oh, man, that is outrageous. "daily mail" white house correspondent joining us now, francesca chambers. i was shocked, really shocked. what do you make of it? >> it is clear, neil, president trump is not in the in clique when it comes to european leaders of the eu he doesn't share a lot of same priorities they have. they value open borders.
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that is exactly opposite what donald trump will do, even got a lecture on that today. they are also are in favor of the paris climate change agreement. that is something that he has said he could cancel. he is thinking about withdrawing from. he doesn't think that is in the united states' economic interest. one issue they do share common interests on is terrorism. that is something they're expected to talk about today. but of course we know that is an issue right now when it comes to intelligence-sharing that also donald trump is expected to get a lecture on. neil: you know, they're coming out now as they gather for this confab here where the president we're told is being largely ignored by these leaders. they don't ignore our money, don't ignore our influence, don't ignore the help when they need the help the most, and can't deal with a crisis sometimes in their midst. i understand it might be a little frustrating to have it pointed out to you you're not paying your dues, you're behind on your dues, you don't really
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care, and i know it seems to be policy in the past presidents of both parties will let it go, but these bills have gotten bigger and bigger. our portion of financial responsibility has grown larger and larger. i don't know why they were shocked this president called them out on it. he did throughout the campaign. he did before them today. >> and he said that is what he planned to do. he has been very clear about his intention to get them to pay what they're supposed to be paying nato for their, for the common defense of you know, of everyone. you're right, it is not clear why they would be particularly shocked by the fact he came there and did exactly what he was going to do. neil: when you look at the guys and gather, there is feeling out a new president when he arrives. there are similar doubts about ronald reagan when he arrived on the scene. some were shocked over his election back in 1980, but the fact of the matter is he is duly
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elected electoral vote winner in our election vote of united states and remains that. but i don't believe i have ever seen leaders in a public forum, whatever they do behind your back, snickering and laughing at the president of the united states for merely pointing out that we are carrying the ball here and enough? >> at the same time, neil, i'd also say it is clear that they value the relationship with the united states when you look at how many foreign leaders came to the united states to meet with donald trump already. neil: good point. >> angela merkel has come. theresa may has come. macron was just elected. but they're taking time to meet with him when he is in brussels and when he is at the g7. he met with macron for a long meeting today. he had long meetings with the e.u. officials. certainly they value that relationship they have with the united states and want to have a relationship with donald trump. neil: you know, just my hunch a
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lot of people that snicker behind people's backs don't know they're on camera. i wonder if that was at play, i can imagine macron others coming, i wasn't laughing you, mr. president, italian prime minister was telling maria good joke. i'm guarantying all over front pages of newspapers tomorrow, i can predict it, how will they explain that or do you care? >> you said there could be a explanation they were not laughing at him. they were laughing at something else you said. also i've learned, i'm sure you have too, neil, always assume a public events being taped, whether at europe or white house, whether you're a president, whether you're a reporter could be possibly on camera at moment, you have to be careful with the faces you're making as words like donald trump were speaking are being said. neil: well-put, francesca very
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wise. you could be like my staff at fox business, right to my face conducting a meeting they're going --phhh. can you imagine at this pow-wow that would be funny. i don't imagine they were going to get caught on camera listen towing president of the united states. they need the united states and often money comes with financiny value so much, but have a funny way of showing it looking for the money we fork over. president trying to look into various leaks coming out on the uk, and its vulnerability on terror and all othat. all sudden that became a front page issue, the leaks, because it became international life and death issue, leaks in general when it came to anything russia-related, not so important as the fact that russia is involved.
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blake burman in sicily with more. blake? reporter: hi, there, neil. british official tells fox that its government will continue to talk with the united states on matters of national security and intelligence-sharing, however manchester police reportedly stopped sharing classified information or highly sensitive information after a picture was given to the "new york times," leaked to "the new york times," given from manchester police to folks within the united states. the president, as you just saw is over there at the big nato meeting. theresa may is there as well, and she assured this is going to be a topic, intelligence-sharing that she will bring up with the president here shortly. >> of course that partnership is built on trust and part of that trust is knowing that intelligence can be shared confidentially and i will be making clear to president trump today that intelligence that is shared between law enforcement agencies must remain secure. reporter: now, as it relates to
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this one picture that was given and then published, the president put out a statement today he wants the department of justice to look into the matter. he says whoever ends up found to be one leaked, he wants that person to be punished at the fullest extent of the law but the president gave a broader statement about leaks, quote, the alleged leaks coming out of government agencies are deeply troubling. the leaks have been going on for a long time. my administration will get to the bottom of this. the president goes on to say leaks of sensitive information pose a grave threat to our national security. neil, bottom line with this one, as all of these russia stories were coming out, the administration kept on saying months and months, the stories is about leaks, leaks, leaks, leaks. that's what they were saying. today they have an example to point their case too. neil? neil: blake burman, thank you very, very much. one more incredible backdrop from blake after another. i thought it was giant green screen but incredible.
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president at this nato summit going on in brussels. we are told it, by the way, theresa may uk prime minister did discuss intelligence at the nato photo shoot. if she did, it had to be very brief, but to do so at a photo shoot obviously would mean that is more for pleasantries and the like, pulled him aside saying what about those leaks? i don't know, but it did come up at photo shoot and more discussion, i have no idea here. but it's a big deal to them abroad. because, especially after this terror attack in england, they're worried about how this stuff gets often times into the wrong hands and who is leaking it. more concerns about that abroad than in our own country where we seem to accept the leaks at face value, not really concern ourselves who is doing leaking. a bombing suspect motivated by revenge. how do we fight this? we're getting more details on the 22-year-old attacker in manchester that he had grown to
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wait western culture, particularly many in his hometown of manchester and treatment of his parent once they immigrated as refugees from libya, he couldn't stand it anymore. we know what happened. a terrorist analyst how you police that, how do you keep track of that? that is a lone wolf as they say, might have had accomplices, binning -- brigitte, he was embroiled by hate? >> he was embroiled by hate. the british authorities missed five different times where they could have stopped him and this is where we are failing in the west because of political correctness take action against those we are monitoring, we are suspecting. we know they have relations with isis or they're talking with isis. we're just burying our head in the sand pretending he is not a serious threat yet, therefore we should not arrest him. we end up with what they ended up with in manchester. as information comes out on all
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the times british authorities and intelligence missed to stop hem i think heads are going to roll over this. neil: the intelligence we were getting, the fact it was monitoring all this, knows more than whoever is leaking that is privy to a lot of other stuff, right? >> you mean leaking to us or leaking within the intelligence services in the uk? neil: right, to the intelligence services there. >> well, what happened in the uk actually is a lot of his friend and family members were, actually contacted authorities and went through the proper channels telling them we are very concerned about him because he is becoming very radicalized. actually his father confiscated his passport, worrying about the son becoming so dangerous that the son went to his mother and got the passport back saying he want to go to saudi arabia to do a pilgrimage. when you have your own parents, his father is not a peaceful
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guy, his father is a radical as well, and look at the brothers but when you get to the point even your parents are voicing concerns, your friends are voicing concerns, your neighbors are voicing concerns, authorities are not doing anything, that's a problem. neil: brigitte, thank you very, very much. i'm trying to find out a little bit more about these 23 of 28 nato members not paying their fair share, the 2% minimum which is not much when you think about it. 2% of their budget allocated to defense resources and to shore up nato, and the snickering you saw from germany's angela merkel, her country is not among the five paying the dues. yoknow who is ahead of her, at this point, poland. poland is paying 2%. estonia is paying 2.16%, estonia. britain pays 2.21%, greece, greece, they're broke than i was sophomore year in college, they're paying a 2 1/3%.
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the united states close to 4%. so all those other countries that were snickering amongst themselves, they're deadbeats. they're paying well under 2% and they're laughing at the president says i'm perfectly happy to help you out in the age of terror but would you mind throwing in a little bit more cash. we'll put in blood, tear, effort, the lion's share, vast lion's share of budget, would it kill you to pony up a few more euros you have free, and they're laughing at him. man. more after this. break through your allergies.
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neil: very quick update on this, you know, german and foreign leader's snit at the nato conference when president trump outlined needs more to pay up. only 23 of 28 member nations of nato are putting forward 2% of gdp, minimum requirement for defense related efforts but apparently germany is denying reports when the two leaders, chancellor angela merkel of germany and president trump met earlier this year, that president trump handed her a bill more than $300 billion for the money germany supposedly owed nato. we haven't heard whether the trump administration says that was true. it would be kind of funny.
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you have to do more, here's bill. and, they're denying that was the case but come on, i don't care whether you're right or left, if you heard that wouldn't you say that is pretty good. the president's way of saying you're in a rears not only this year but all the other years, you guys are snickering at me, as you're snickering could you write the check and be done with it? a lot were ignoring him and snickering at him. what a loton't reali they're on camera, a they will all discover that, explain that. maybe they will. maybe they will find a good excuse for that, but man, oh, man. democrats meanwhile pouncing on the cbo score says under the house plan alone, 23 million will be left without insurance. fox business's gerri willis, former dnc deck tear, and a gop fund-raiser, noelle nikpour. gerri, 23, 24 million have
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obamacare now, how would 24 million be affected? based on 10-year horizon 24 million would be without as a result of republican plan. >> absolutely right, neil. compared to how many people would be enrolled or have obamacare coverage if it continues. they don't have a great track record on this as we originally discussed. originally cbo obamacare would enroll 22 million people. it only enrolled 11 million people. when it comes to enrollment, track record is not too good. when you read the report they have a disclaimer. i want to read a quick sentence says this. the way employers, individuals, doctors and hospitals would respond to the changes made by the legislation are all difficult to predict. so the estimates discussed in this document are what, they say they're uncertain. neil: amazing. jose, now, i don't know how the
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cbo puts things together. they're only game in town. i will accept that only so much you can do with the data you have, things change, out of that, but left out of this argument, the deficit would shrink more than otherwise would by almost $400 billion in 10 years. i don't put much stock in any of these numbers, but that story has not gotten out there but what do you make of what happens you now with the health push. >> look, the deficit is certainly important but the health of americans is much more important. look, i just can't understand how the republicans and president trump celebrated at the white house that the house bill got passed, and it hasn't even passed senate. what are you celebrating? you celebrating millions of americans potentially lose coverage -- neil: wait a minute, jose, i am sure you personally were blasting republicans when they failed, put the officers part.
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president winning one in the house before it goes to the senate, not so much. >> they should have waited for the cbo score to come out before they started short of shoving that bill through the house. now let's see what the senate will come out with. neil: fair enough. >> you know, let's wait until see what happens. we want to work with them, but you guys got to give us -- neil: you don't want to work with them. come on. come on, you're almost like that french leader now. noelle, i'm just kidding. noelle, when i hear and see this type of thing and you i know each party plays the game cbo supports the strategy, a lot love if they don't, having said that, these things are really hard to predict, especially knowing how many willing covered to gerri willis's point tent years from now. you're trying to prove a trend specious to begin with, reverses itself that dramatically in 10 years, right? >> you're absolutely right. the cbo, does anyone really trust these numbers. gerri had it right when she gave facts about the 22 million were
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going to sign up, it was actual 10 million. to go a step further, we've got, remember the small business exchange under obamacare where 4 million people the cbo said would sign up when actually it was about 233,000 people. that is pretty, way, way off. i don't think anybody really cares or give as hoot about the cbo numbers because i don't really think the score affects them. what i will tell you what i find really strange is that the co-chairman for the, from the dnc, mr. keith ellison is telling everybody to run on a single-payer tax system for 2018. so they have already pounced on these crazy cbo score numbers and they're telling their people that are going to be running for office to run on a single-payer position. neil: all right. guys, thank you very much. we have more breaking news on
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nato dust-up with our allies. some are getting their nose out of joint or french view, le nose out of joint. some are saying, we pay more than our fair sharover the years. actually, if you are paying under 2% for every year that you choose to do so, you're paying less and less of by liken to this. someone treating you out to dinner, say i hit the whole staff here, i don't because i'm pretty cheap and i take the whole staff out, can i have you leave the tip and they're outraged. that would be, that would be case this much staff, leave 2-dollars tip and thousands of dollars on the bill. then they are lecturing me, neil, could you give a big are tip? these countries forking over the bills paying minimum 2%. this is the latest military budget united states, greece, estonia, take note france, estonia ahead of you, united kingdom, the poll polls they
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don't have that kind of money but they're putting bills and people snickering are ones who are knot. we're treating them out to dinner, making sure everything is fine. they do couple things. they whine about the food, which i think you're entitled to if you're paying bill and argue about the size of tip you thought they were going to take care of, they want you to take care of it and you try to put more money whining about the size of the tip, the point you stand up at table and throw it! we'll have more after this. check it out! self-appendectomy! oh, that's really attached. that's why i rent from national. where i get the control to choose any car in the aisle i want, not some car they choose for me. which makes me one smooth operator. ah! still a little tender.
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>> that is a -- >> [bleep]. last time did the same thing. get the hell out of here. get the hell out of here. last time did same thing. you laughed at me the same damn
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thing. >> you body slammed and broke my glass. neil: all rit, audiohat will on and on, special election in montana now getting violent when a reporter from the guardian, asked gop greg gianforte asked about the cbo score. she witnessed confrontation first-hand this is escalating fast. what did you see, alicia? >> hi, neil. i was in the room with the rest of our crew, fox news photographer keith israeli and fox news producer faith mangen. we were setting up for interview we scheduled for greg gianforte in bozeman. we were in a room where they were holding volunteer barbecue, i was standing two, three feet from gee an forte. having a conversation when ben jacobs from the guardian walked
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in and in with a audio recorder. asked about the cbo report. he pushed back, would ghetto him later. jacobs same back said would get something now. tell him talk to his press guy, shane. then immediately after grabbed him with both hands, top of bottomeddy, both sides of the neck, pulled him in and slammed him to the ground, got on top of him, started punching him two or three times, started screaming i'm sick and tired of this, that kind thing. ben jacobs goat away from him, scrambled away from him, was on his knees. heard on tape you broke my grasses. that is where it happened from there. i was right there. i don't know if the part played where he says can i get your names? he was talking to faith, keith and myself. so. neil: do you know, alicia, had there been something else going on in the candidate's life, some other development we're not aware of?
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i always try to think if there is a backstory we could be missing here? >> right, the why. what happened, i know. and there was no indication when he came in that he was agitated. i don't know him personally. it is the first time i met him in person but he seemed fine, jovial. talked about the best places to eat here and what bozeman was like and how much it has grown. the door was open when ben jacobs walked in. he didn't walk into private situation. this event was not released to the public and was volunteers but press was there. buzzfeed was there, including "the guardian.." we don't know what led to this, in terms of their relationship. i know that ben jacobs is saying, other interviews he didn't really have an issue with giantforte. he covered him in campaign stops but wasn't anything specific you would get the animosity, that
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kind of rage. out of nowhere, neil, it was out of nowhere. neil: holy cow. alicia, thank you very, very much. we've seen partisan wrangling on release of this budget on both sides it gets creative. i will not stand for it, america. >> donald trump specifically made a core promise of his campaign -- neil: get back to the facts. i'm not an apologist for trump or barack obama. dammit, republican this is is out of whack and taxpayers can't afford night if you interrupt me to make that point. neil: no, i'm not red, i'm blue. i'm about green, the people are getting he hosed! and markets continue to rise and fall... predictable is one thing you need in retirement to help protect what you've earned and ensure it lasts. introducing brighthouse financial. a new company established by metlife
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♪ neil: all right, the president's budget is out, people are saying he is trying to starve people. 44 million people under food program like snap program. medicaid spending climbing 9.3%.
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i talked to austan goolsbee, barack obama's economic advisor whether that map is sustainable. when are democrats and republicans alike going back to we can't sustain this. >> you're worked up, because you know they have tried it with accounting gimmicks and borderline fraud in this budget. neil: there is no fraud to the numbers i just mentioned to you. there is no fraud to the numbers i just mentioned!. you know what is the problem -- >> you want some fraud? do you want to know? i will tell you what is fraud. neil: let you answer. what is a fraud telling the american people, pay no attention to those numbers. pay no attention they're growing out of whack with the taxpayer's ability to afford them, pay no attention to budget that seems to double every other year, pay no attention to american people to pay for it. people are paying the bills here, austan. they're sick of it. >> neil, you're getting worked up. neil: i know you're right about that. i am getting worked up, you know why? no one in the media is getting worked up. democrats are not getting worked
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up. the people are getting hosed! they're seeing this math continue, you just pay the, you just pay it, you just pay it. they can't pay it. >> best thing trump is going for him, nobody will read the budget with everything else going on. neil: i read it every night to the american people, every single night!. you know what i like that, we saved a lot of time talking over each other, otherwise that would have taken forever. my good friend, david asman is here right now. we joked about talking over, way we portrayed cuts, slowing increase in spending spending tl goes up, food stamps, might be time to reassess something that has been going up twice the inflation rate. 44 million now who need some type of food stamps. if we're at that point, we're mozambique. having said all of that, we don't get past that. we look at it, say, oh, a wasted budget.
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>> the reason americans should get angry, the budget goes up even though it is being cut, is median income. neil: good point. >> median income 54 1/2 thousand dollars in 2006. it was exactly the same when donald trump was elected. people haven't seen income going up. inflation has gone up faster than income has. neil: i am glad you point out. that is a not inflation adjusted number. it is real. >> that is exactly right, which means americans are losing, they're losing. a big ran why a lot of democrats voted for donald trump. the rhetoric coming out of austan ghouls buy, other democrats, he is a nice guy, we love austan goolsbee, there is rhetoric that things are not going up, i'm hoping that rhetoric being reflected in the press as well is not making a false impression in minds of americans somehow people will be starving to death because they can't get food stamps. neil: headlines seem to indicate
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that, they're taking money out of the mouths of babes and poor people. >> ridiculous. neil: the fact of the matter, not sustainable these programs, if you tack top 1% or 5% all of their income it wouldn't pay for these programs. they always get back to class warfare. >> another thing mick mulvaney omb chief, talked about different types of compassion. that is more compassion to get people off of welfare into a job if they can do that. neil: apparently so did bill clinton. >> bill clinton exact the same, even people in his own cabinet, donna shalala i will quit as a result of welfare reform. they put in work requirements. they got millions of people off of the welfare rolls. those people began earning income, some for the first time in their lives. they had had generations on welfare. they got of welfare. it is compassionate to have
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people get into the workforce as opposed becoming dependent on welfare not only for their lives but the lives of their children. neil: the budget, people left out the fact over next 10 years the government will still accumulate spending better than $55 trillion. 3 1/2 to 3.6 trillion they're talking about curbing represents 6 1/2%. >> you mentioned medicaid to austan, 389 billion to 550 in 10 years. neil: that is draconian. >> that is supposed to killing people. neil: projected versus the budget move here. either way the chart goes up, it goes up slower with the plan, i blame the trump folks gimmicks repeating score from some savings. having said that we keep going back and forth and not addressing the underlying issues that make this thing explode. >> right.
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not only in terms of dollars and cents but character lodgal changes. do we want everybody cradle to grave worried about the next check from the government or people depent dent getting a sense of dependency -- neil: i like it was, we pay the bills. >> a lot of compassion for the people that take, not a lot of compassion for people putting in. neil: genuinely needing and deserving that, quickly on european trip and nato funding, what do you make of that? >> it is unbelievable. we talked about ronald reagan, he got the same kind of snickers and guffaws. he was amiable fool. turned out the guy was brilliant and figure the out a way to destroy the soviet june. russia is still there. everybody said ronald reagan was a fool saying it could be done. this president believes it is possible to get a coalition of forces together against
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terrorism, not only europe and nato under the guise of nato but under the arab states. it sounds like a far away goal, impossible goal. also bringing peace between israelis and palestinians. maybe it can be done. instead they're snickering at him. history shows the people who snicker at moment are usually ones cream vanilla on their face in the long run because it turns out they were wrong and visionaries were right. neil: what is amazing, so tough to go against the grain. it is really tough. >> that is the essence of i think what trump is talking about when he talks about draining the swamps. he is going against the status quo. neil: ronald reagan did, jfk on tax cuts. to go against the grain is herculean assignment. >> it is. not only people in the opposite party going after but the mainstream media will go after you as well. combined forces are tough. neil: it is tough. >> you have to have a backbone. reagan had it.
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neil: make a funny joke on a late-night comedy show. david, good to see you. >> good to see you too. neil: meantime with all this happening markets are flirting in and out of record highs, our way of saying to the french making fun of us -- [laughter]
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neil: look at this, amazon close to $1000 a share. inexorable upward march with gain of 1bucks, gain -- 17 bucks. almost nonstop run last year in particular, opening up opportunity against so-called brick-and-mortar guys although not all of them are failing. trace ecarrasco here with the very latest. what is going on, tracee? reporter: there is line of outside of people waiting to get in amazon's first brick-and-mortar store. i want to show you what makes the police a little different. you see all of the books, they are based off ratings. most of the books they have four-star or above rating. what you would see on the web site. a lot have reviews about the books. the books are all cover out. readers can come in, see what the store has to offer. now when it comes to how much the books cost, that is another interesting thing. there are no price tags on the
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books. so customers will come in. they will bring the book up to one of these scanners, it will show. amazon prime members pay 6.99. if you're not a prime member, pay list price, $16. it pays to be a prime member i guess. another interesting thing this is the 7th amazon store opening in the country. we asked a amazon executive why open a store if your website is doing so well. this is what she had to say? >> we new year's we could take 20 years of online book selling experience. we have lots of information about customers read, what they read, why they read. we wanted to bring that into a physical space a store, help customers discover books they would love. reporter: now the store also sells electronics of the other interesting thing, there are no chairs. customers really will not be lingering around like other bookstores may have been promoting. and there will be a second
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amazon bookstore opening here in new york city coming this summer. as you can see, pretty busy today. neil? neil: incredible. tracee, thank you very, very much. i want to go to brian wesbury and carl roth, t very savvy reads of this market to interpret obviously the amazon phenomenon and generally this market phenomenon that knows no bounds. looking at amazon flirting with 1000 bucks a share, nasdaq, s&p, dow close to records itself, what is driving this do you think? >> what is basically driving this, neil, is that most investors feel like we're in something called the goldilocks economy. it is just right. we have a period, hopefully accelerating growth coupled with low inflation. so the optimism that growth is going to continue, coupled with the low inflation is making investors pay attention to economics over politics.
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that being said, if at some point politics comes to bear and we don't get some sort of a tax reform that could end up decreasing optimism and unfurling this whole thing for investors but for the time we're like goldilocks, and we're just right. neil: brian, another view on this thing like waiting for tax cuts they're sure to come is this notion maybe if the tax cuts never come the markets will be fine. >> yeah. neil: that they will get steady and slow growth which isn't gangbusters but limits what federal reserve can do with regard to hiking interest rates. >> right. neil: that this rally might not peter out. that is such a conventional view you that it might be proven wrong, what do you think? >> yeah, i'm way closer to that view than the one carol expressed. you know if you look back over the last eight years what's driven this market is profits, and amazon store, it's a great story, i guess you could argue amazon retail story is less
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productive than the website, the key of technology is, that it boosts productivity, but productivity has been booming in the private sector, if you look at manufacturing, if you look at online activity, if you look at our phones, the cloud, health care and the genome, fracking, productivity is booming and the way you can tell that is profits are up. in the first quarter we're almost done with the reporting season. s&p 500 profits are up 14.1% over last year. that's a boom in profits and that's what drives stock prices. so i do believe that tax cuts and regulatory reform and spending cuts, a smaller government, fighting that battle, will help the market and growth in the future but we don't need it. if you look back at the last eight years, it is profits that drive the markets and profits are growing because productivity is growing. neil: even outside events for the time-being, carol, like the
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terror attack in england and ties to isis, what have you, ongoing concerns about repeat terror attacks don't dissuade the investment community. some said it is because the attacks of late, i would be curious, carol, your thoughts on this, have not targeted financial centers. what do you think? >> i think that's right, and i think that the investors have had inincredible ability to digest all the geopolitical issues because they have had no effect on profits and business optimism that brian was referencing. as long as companies are willing to continue to make capital invests and hire more people so we do see some growth and we do have wage growth and all the things that continue to boost the economy we will be in good shape but as those things start to have any sort of effect on that business optimism and make businesses tighten up on making those invests, that is where we really would need to worry.
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neil: brian, would you buy this market at these levels right now? >> absolutely. i think the stock market in general is about 20% undervalued. neil: wow. >> i get it. there is all kinds of people who think i'm crazy but if you look at current levels of corporate profits versus historical stock prices, and profits in the past, this market is still undervalued. neil: all right. >> profits are going to grow 10 plus percent this year. looks like 10% growth incomes year. that is a bull market. neil: brian, carol, thank you both. meantime the uk is cutting off intel sharing after a probe here. what the the house is saying -- the white house is saying leaks are big thing to them.
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>> over the last eight years, the united states spent more in defense than all other nato countries combined. if all nato members had spent just 2% of their gdp on defense last year, we would've had another $119 billion for our collective defense and for the financing of additional nato reserves. neil: i don't know if these guys knew they were on camera when they were snickering that president trump when he was telling essentially would be
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nice to be paid out. only five of the nato members are paying 2% of gdp toward nato. there of course the united states, greece, britain, estonia and poland. but to show you how bad things are with france and germany, latvia is giving them a run for their money. countries that can ill afford it are the same ones who are very serious and they are not snickering at anybody, but very recently defense secretary mattis said america will meet its requirements, but if your nations do not want to see america, each of your capital needs to show its support for common defense. this apparently is a daisy subject, but never when they need our help and that sticks in a lot of peoples crowd regardless of what you think of president trump. this has been going on and we've
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let it go on. donald trump is saying this is not sustainable so i want to change things and they're laughing at us. secretary of state, crisco but. that was pretty obvious the laughing and snickering commodities raising a legitimate point. this is disproportionate to talk about humility funding for nato from his earliest days, we picked up over half the tab and we are just one member of more than two dozen. what do you think? >> i think you're right to point to this. the snickering in my opinion is symptomatic of a larger attitudinal problem among some of our allies and that if they don't take the united states seriously. no really, you have to pay your fair share. we are sick of paying more than our fair share for 50 plus years, 60 plus years. the snickering is maybe
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immature, but it is in some way symptomatic of a much larger problem when they say we mean it. they'll take president trump seriously. >> they don't snicker like world war ii comes to mind we picked the lion share of not only the battle itself and minimizing contributions, but after world war ii repaid the lion share back to the great marshall plan. we have a long history of doing that. i don't think we as a country whether read by democratic resident or republican president are searching for a thank you, but we can do better than a screw you. what do you think? >> i agree completely. there was a great deal of gratitude in the 1950s as we were rebuilding europe. the marshall scholarships were a
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gift to the united states. it is a gift of gratitude for the marshall plan. now the current generation has forgotten what they did for the european cottman after the war. neil: amazing. kris kobach have a thank you. in a lot of these will be realizing they were laughing our strength about other things. they don't want donald trump. it is not an overly abusive notion to think that if countries like poland that can ill afford it with 2% of their gdp to keep the world safe who wouldn't kill them, especially ritter countries snickering at the president to do the same. british police have stop sharing info on the united states because leeches keep coming. their bottom line, much more worried about.
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national security reporter katie williams. they said enough is enough. i guess the british prime minister had chatted with donald trump during the nato photo op but that was the extent of it. i read than to take the braves don't want to share info even though it might help us prevent a terror attack here? >> this is a specific operational limit on intelligence what the u.s. has been cut out of this coming out of the investigation specifically into the manchester attack, not a cessation of intel sharing across the relationship. in between the u.s. and u.k. is extremely robust and valuable on both sides. what you hear now coming out of former officials and other people the national security community is the u.k. sees the
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disclosure of the forensic information not at the investigation is a real breach of trust and the question now going forward is does the u.k., you know, does the u.k. realuatee broadly how much information assurance that the u.s. ordaz the u.s. take steps to reaffirm the trust of britain? >> obviously very links everywhere and and are not playing politics that they have broad with this attack earlier this week in britain are much more worried about how these leaks have been then we are in this country where it has become vastly politicized. i am wondering whether that warrants more attention in this country because it is now a phenomenon that is affecting security potentially worldwide. >> right. one of the things my sources are
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telling me is this sources out of this investigation is the photos of the bomb fragments are leaks that are very different from the kind of palace intrigue leaks we've seen coming out of the front pages of donald trump's presidency. leaks themselves aren't necessary illegal, but the leaking of forensic information that could impact an ongoing investigation was led national security intelligence experts tell me is a whole different order of magnitude. the photos of the bomb fragments, there's a question about whether or not the standard reader, how much they will understand, what they're looking i come home part that is for the average reader's news. but it could help potentially other would be bomb makers create a similar device.
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neil: well put. national security reporter. speaking of security in the u.s., especially new york city, madison square garden is another big event in the manchester concert featuring billy joel. connell mcshane is they are making up for it to make sure it does not repeat what happened. connell: yeah, almost exactly the same. that is why the security here in new york have stepped up and has been all week. madison square garden might define me shares the space with a large transit h to thlocal commuter roles as well as amtrak. talking to people's here come and they will step up security in the n.y.p.d., some people tell us they are still worried about the manchester copycat attack while others say all of the increased presence in the police officers we see here
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making their presence known as enough to reassure them. >> having worked here for a number of years, so i might've manchester probably even stronger security. >> you could see how people would feel better and that the idea of it. to give you an idea of the concern, the entrance to madison square garden. if you swing around and look inside, that is the entrance to penn station amtrak where people are going. he sang even further to our left, pretty much open-air as luck would have it on the outside and you see some of the stepped up police presence, amtrak is overlooking a tear. this is the spot or one of the spots that authorities are most concerned about.
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it's outside security primer. you'll have medical to attack yours and everything that goes along with it. when the show lets outer people are coming off the trains on their way in, anybody could be here. that is the spot to security experts are the most worried about. their hope in a stepped-up presence will deter anybody who wants to do the wrong thing tonight. the show at illegal come in in the evening. neil: thank you, connell mcshane. whether that kills whatever health care reform the senate might take up from the house, they will start from scratch but now what the cbo saying in the next 10 years, 24 million are americans will have health insurance versus nothing at all. senator john thune wants to weigh in and just clarify things a bit. up next. are allergies holding you back?
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neil: albright, it's the only game in town from the congressional budget office congressional budget office scores congressional budget office scores of benefits of its latest effort in my shrink the deficit over 10 years by close to 400 billion bucks. it is also going to mean 24 million fewer americans lack health insurance are the same 24 million don't have it right now, basing not on the assumption that as things stand out you to do anything else,
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24 million without health insurance in 10 years. that is an important point to play not because it's based on the assumption that is now corrected a new assumption on the growth prospects for a plan that hasn't even met conclusion after the senate gop conference senator, and john thune. regardless of what your colleagues do in the senate, many say the danger was relying on assumptions of any sort that they are really not very valuable or good on the paper they are written on. but it is the only game in town and it's already been portrayed in the media and democratic colleagues, a couple republican ones at the bit to mean in a bit too. but youhink? >> first off, two things. one is the congressional budget office has missed the mark significantly in the past. we have to remember that these are estimates based on assumption and they assume 24 million people will sign up for obamacare on the odometer changes in instead number in the
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10 to 11 million range. when you remove the individual mandate, a lot of people out there will probably choose not to purchase health care coverage and that is one of the features of the house bill. they remove the individual mandate. i think you can expect fewer people, but it's going to be their choice. we are reacting with expect to what the house did. to mark up and writer version of this bill, we will be working with the congressional budget office, but also with others who are giving us input about what some of these policy changes might look like. what we want to do is rescue people from a failed system. when obamacare is not working. it is unsustainable and we want to put in place reforms that will drive down the cost of coverage for people in this country. neil: is it fair to say whatever the house operatives or whatever they have a redo, read the outcome and ushered the
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direction it will take, that is dead on arrival with you guys. you are starting from scratch. assuming that is the case, senator, how soon do you want to get this done? >> well, we want to move as quickly as we can. we realize that there is an expectation out there of course among the insurers that they are going to know what the rules are going forward as they begin to put out their estimates for what premiums are going to be this next year. we've got to give them some certainty. we have to know fairly quickly. we've had a lot of discussions. 52 republican senators have been involved in that. we're taking everybody's ideas and outcomes that they'll happen in the next two weeks and i hope we are voting on this as well because i think we owe it to the american people to give them a better health care insurance system than what we have today and clearly what we have today is not working. i rocketing premiums, deductibles, co-pays. the latest hhs study that just came out this week indicateshe
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avage premium since 2013 has more than doubl up to now. there are three states for its actually tripled over that same time period. this is not working. it's got to be changed, got to be fixed. we are in the process of doing what to make sure we do it the right way. neil: do you worry this funds into the progress of what he hope to make on tax reform because it's near and dear to you. >> it really is. we can't have 1.5% growth in the economy. there's got to get to a more normal 3% or greater north of there and what that means is that are paying jobs, higher wages for people in this country. we need to reform the tax code. that will follow on. it is important idea that we deal with health care reform first because it frees up a lot of baseline resource to come up with a better tax reform bill down the road. both of those issues right now, we're multitasking here in the senate. a lot of discussions going on
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about tax reform here in the house and my goal would be that we will be able to legislate on both of these issues before the end of the year. it is partly due that and it's important for growth in the economy, which is ultimately what we want to achieve. neil: senator, thank you very, very much. good seeing you again. senator john thune prison trouble in the gop after a question is bodyslamming a reporter. this is georgia's runoff no longer looking like a safe one for republicans for the democratic candidate came to a seven or eight-point lead. what is going on here? the atlanta braves really startled me. i don't know how reliable the poll is that i thought it did a double take. what is going on? >> well clearly, this is a surprise to many republicans. they thought if they could keep that 50% threshold in the runoff, then they could avoid a
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situation where they would have a chance because they force this election into a runoff that kept off the threshold and previously split among so many candidates and when the district easily. that is not happening. there are a lot of observers tried to nationalize this election hanging if bad things are trumping republicans in 2018. remember, this is a district he just barely one by just a single point in november, so it is not a district overwhelmingly friendly towards him. so his trouble may have reverberated across this district in particular, more than some areas where he enjoyed deeper support. neil: so, is this seen as a repudiation or potential one of donald trump because that's how the media likes to pounce on it. i am not sure whether these are local to those races or whether donald trump and his unpopularity is beginning to
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reverberate. >> right. there are democrats who want to take lessons away from the special election in churches district of montana race. both cases there are factors that are local and particular to those races that preclude them from being direct comparison to the national electorate and how will look in 2018. montana is a great example ofat. democrats can no longer look at that race and take meaningful lessons from it because the bodyslam i sort of thrown the entire results into chaos. it is no longer going to be as much of a referendum on president trump as it is on this one gop candidate decision to punch a reporter in the face. neil: well, there is bad. sarah westwood, thank you very, very much. good seeing you again. the british are outraged over the flakes. over there is a bigger issue into us over here. how security later mccaul wonders why that is the case.
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our reaction here that stuff is wrong.
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neil: we are told that theresa may, the british prime minister had a chance to speak to president trump in a photo op for the big nato gathering about her displeasure, to put it mildly, over the intel leaks regarding the manchester probe of what they are learning and we're apparently not keeping secret. this stuff really matters, the leaks and who is leaking matters. the household security meeting wishes we had the same kind of feel that this sort of thing in this country. very good to have you. >> neil, thanks for having me. neil: obviously the brakes are saying this is unique to this manchester probe and not intelligence in general. still, there is frustration on the british community
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intelligence part that it got out at all. what is going on here because this is very familiar. >> well, you know, we share a lot of intelligence with the braves part we call it so the m. i. five, and i think that's very closely held intelligence. with respect to manchester, the biggest concern from the brakes and i talked to them yesterday was the leak about the name of the suicide armor himself and why is that so damaging because they know who was around him. this is not a lovable scenario where we have a guy inspired over the internet to carry out a lone wolf attack with a knife. this is a very sophisticated attack, explosive device as we see more and more a larger network and around this plot that has ties to libya and foreign fighters possibly out of libya appeared the concern from
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the bread standpoint once he released his name, the people around him and his network could do one of two things. either quickly carry out the additional plots because remember isis an al qaeda link to carry out mobile attacks simultaneously. so you have the threat of another bomb going off that you can't stop. for this network of fleeting or going underground where they can't find them. founely, they arrested four of the suspects connected to the bomber. but the question remains, how many other suspects linked to this network are at-large? neil: i don't know what is going on with the flakes, but they do seem particularly aplenty under this president. i'm wondering if it goes back to the campaign where he would rally again on and it's bad blood, but it's past the point of concern because they do keep happening. i am wondering whether this spells something ominous.
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if our intelligence community freely to get this stuff out, what do you think is doing it? >> i don't think i will seen so many internal leaks inside the camp. when he's engaged in very confidential conversations or classified conversation, the idea that some staffer would relate this to other intelligence officials. >> they are. it keeps happening. that doesn't seem to be the concern of those, democrats there was a very big campaign, i understand politics. this cuts to the core intelligence community is running road. >> why are they leaking this
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very and something they should be looking on in terms of links related to the russian probe. we have the unmasking also is a huge issue for violations used politically throughout the intelligence community. these are big no-no's. this is not supposed to happen and particularly those so close to the president to repeal these very private conversation. a speech in saudi i haven't seen a president do that. appealing to the muslim community to stand out, clean up their own backyard. neil: you are right. whether you like him or not, he is the president of the united states. we should recognize that. what worries me, maybe you can help me with this.
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the leak that i have seen rarely if ever say anything favorable about donald trump which gets me back to my first got a lot of this is meant to harm the president. but wouldn't that be able to help those who want to investigate these leaks if we have a real interest in it, being able to isolate who would want to harm the president. who is out to do that? absolutely damaging the president. it's taken him off message. it is a distraction from the good things he has accomplished. again, the overseas trip in the three major religions together. you know, islam, christianity, judaism, what is trying to accomplish in counterterrorism. you saw what happened in manchester. yet always seem to be talking about are these leaks from what then, an enemy within his own care. i think it's very disloyal, does a great disservice to the
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president and really detracts the american people from the good work he has been doing on this overseas trip. neil: what i wonder about going forward in high security or sensitive issues, god forbid we should be going toward our expanding our battle against isis b. on the tomahawk missile attack or what we've done. word is going to get out on that. it is going to be an intelligence failure, which will pre-doom whatever operation we are taking to go after a esiden even if it has bad ramifications on o country. i can understand the media doesn't really like called fake news media, whatever. now they're taking it to another level except in hook line and sinker anything that comes up regardless of who's giving them not, no one felt that his compromising not only presidency of and presidents come and go, but a country. >> the oxidation of the
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presidency and intelligence is leaked that needs to be investigated and prosecuted. i hearken back to what i was talking about the last campaign and what mrs. clinton did taking her personal device in a foreign adversary nation and special access programs. those are covert highly sensitive secrets within the federal government that were compromised. if we had intelligence officials doing this for political purposes to attack the presidency, that is equally as disturbing and unlawful. tree until you are right about all of the above. chairman, thank you very, very much. to the chairman's point, we covered the revelation and the impact not only on the washington community, we have time to do that, but we should also allow why are all these leaks coming out. why is that blake a free flow right now.
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what is going on behind the scenes in what is in it for those who get the information out. inc. about that after this. in the meantime, democrats are trying to pay for much that term agenda and what he wants to do on some entitlement programs as gutting poor folks. the cofounder of home depot says that is just not the case. after this. . .
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♪ neil: 444 million get food stamps but thises that gone way beyond food. >> no american should go to bet hungry. no american should starve to death. that is part of our culture. that is part of our value system in america. on the other hand, we know what goes on, hell, people use food stamps to buy marijuana, that is illegal.
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or cocaine or whatever the hell else these people use to got high. how do we make sure that we don't take a system belle intentioned that becomes badly-abused. neil: former home depot founder ken langone, many people of the snap program can use debit card, cash vouchers whatever they please. they're painting the gop being heartless. by trying to rein that in, making sure it goes to desired intent, for the people who most need it and deserve it, it is not. to market watcher jonathan hoenig on how maybe you change that narrative. how do you, jonathan? what do you think? >> well, ken langone unfortunately neil, needs to change the narrative. always attack, attack from exactly that perspective. food stamps and welfare but well-intentioned, impractical we can't afford it. it is too expensive. they need to make the moral argument, the argument that
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other people's need is not a claim on your life. you know, neil, there is someone else who always needs the spoonful of food more than you do. you have a right to your own life. others don'tave a right to it in terms of food stamps, welfare, anything else. until the gop makes that argument, they will continue to lose this time after time, basically since the goldwater administration. neil: but how do you go ahead and present the argument that, for example, let's say on the issue of cutting, there is nothing being cut here. we're slowing the growth of something and yet it is deemed, you know cutting something to smithereens? medicaid is good exam example of that. under this plan it will have 550 billion in 10 years. it is portrayed in same way. how do they change the narrative knowing that media won't let you. >> if it is government's premise
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for helping people in need, medicaid, welfare, any cut is a cut. welfare is the best example about it. a decade ago issue should government be involved in health care. now republicans are talking about how should government be involved in health care because of course everyone has to be covered. no one goes hungry. so the gop unfortunately kind of gives in to the left's premise that those in need have a right to your life and right to your money. they will continue to lose this argument. neil: in other words, it is a battle over, becoming a right, not a goal. nancy pelosi was slamming the president's budget today. i want you to react to this, jonathan. >> it gives new meaning to the term, war on poverty, but not only that, it really goes after the middle class. what does the middle class ever do to donald trump that he is taking it out on them in this budget? neil: of course it is middle class that is largely paying for this budget. but leaving that aside,
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jonathan, one thing, war on poverty, to which she speaks has been something we've thrown trillions at since the '60s and yet, in an aggregate percentage terms not much moved the needle since then. >> yes. neil: so obviously whatever we've done hasn't and isn't working. >> you're so right, neil. poverty had been cut in half before the war on poverty began in the 1960s. a lot of democrats, i must say talk about draconian, these catastrophic cuts, but neil, as you pointed out, government spending is not going to shrink. the rate of increase is just going to slow over the next decade. if they think that is tiny little shrinking in the rate of increase is draconian, they have no idea what really needs to be done to get this country and economy back on track. major cuts. not just shrinking increase in spending over time. neil: do you look at that budget and then see that given the fact that incomes have remained largely stagnant, that, if not for the markets performance over
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the last years we would see very little revenue coming in for corporations eventually we'll come to the point to just trimming your growth to your prior point isn't going to be enough? >> that is what worries, me, neil. republicans have great opportunity here. all elements of government. you hope a real radical president to make substantial changes. food stamps are important and it's a lot of money. those aren't major drivers of deficit and debt. they are entitlement programs which administration come and gone whether they want to attack and how severely they want to attack. time to make the changes, long term changes. as you always said, comes down to spending. tax cuts are great. but unless you cut spending you're not moving needle when it comes to putting us on firm financial footing putting us decades out. neil: brilliantly put. jonathan hoenig thank you very much. >> thank you, neil. be well. neil: you too. nasdaq and s&p hitting record highs. dow sprinting along just fine.
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and they're the only plans of their kind endorsed by aarp. like any of these types of plans, they let you apply whenever you want. there's no enrollment window... no waiting to apply. so call now. remember, medicare supplement plans help cover some of what medicare doesn't pay. you'll be able to choose any doctor or hospital that accepts medicare patients. whether you're on medicare now or turning 65 soon, 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: do you think that is
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obstruction of justice? >> i think expressing annoyance over the slowness of an investigation saying you know what, if there is something there, let's get it out there and let's be done with it, but let's not sit and let this thing fester. i don't think that is obstruction of justice. that is just impatience to get to the truth. that is the way i would look at it. neil: much has been made about president trump and whether he did urge his top security officials to make this fbi problem go away, or, comments he made allegedly tracked by "the washington post," after he fired comey he was telling russians he did so to make another investigation go away as well. so much we don't know. this much we do. that at least in the eyes of some senators, including it may be naivete than anything approaching to obstruction of justice. to former director of national intelligence, john negreanu.
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i think that is what he was saying ambassador. what do you make of that argument? >> i'm not sure, but the important point is, look, this matter is under investigation in three different venues, the fbi, two congressional committees, senate and house. let the process go forward and allow the president to carry out other important business of the country. this is tremendously important week in the life of the prescy. i wod li to see us focus more with business at hand on the country and let the investigative process take its course. neil: it is natural, but i don't remember the time it was to the degree of this, leaks coming out. i can certainly understand your point the president going ahead with your adenda and asked and peppered by the press every time a leak comes out to address it. what does he do?
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>> well, i mean i think it's, you know, it goes with the territory. it is what happens. and it is what happens a matter like this under investigation. inevitably it will be a distraction. it can be a bigger or smaller distraction and i think the presidency has to work to try to get the other business of the country done and i think we also have to support his desire to do that and wishing him success. we can't want him to fail because we think for some reason or other he doesn't deserve to be president of the united states. that is a wrong-headed attitude. neil: i don't know, that seems to be the attitude among some. i was speaking to mike mccaul, homeland security committee chairman a little earlier, ambassador, he was worried about all of these leaks. certainly the brits are very concerned about a probe into what happened in their terror attack. but, you now, his first question was, why is there more concern
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for leaks abroad than in our country? that it is the leak itself that matters, not who might have leaked it. and that is the mere opposite of the view that democrats for example, had during the campaign. i understand how politics work. no doubt so does he, but that our foreign partners are getting nervous. are you? >> well, i mean this is probably the most important intelligence relationship we have, intelligence and law enforcement. we have a history of cooperation with the british that goes back decades. we don't want to do anything to jeopardize that. we can mutually assist each other. they have each we need. in some instances they work in integrated fashion together. neil: are they going rogue, ambassador? are they up to their own devices? we had smatterings of this in the obama administration. remember germans were upset we
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were tapping angela merkel's phones. now it hit like hyperdrive. like spying on steroids here and that the agencies might be running amok? are you afraid that could be the case? >> neil, i think i'm more inclined to attribute it to sloppiness and lack of discipline and the fact that nobody is calling them to order. if i were the president, not only would i investigate this matter, which he is says we ought to do and we're going to do, but i think leadership of the intelligence and law enforce ment community has to call all hands on deck, look, this kind of behavior is not acceptable. your job is not to ingratiate yourself to the media by leaking confidential information. and -- neil: a lot of them are. >> of course they are. neil: those very leaders? >> some of that. sometimes they say the ship of state leaks from the top. neil: yeah, yeah. >> i think this has got to be, there has to be disciplined imposed over the entire
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business. it used to be much more disciplined. then we got used to talking a lot more about these kinds of matters. i remember when i became dni, i went to the white house correspondents dinner one year, i was stunned to find out there are 20 or 30 correspondents following intelligence full time here in washington. they didn't have the basis for doing that 30 or 40 years ago. everybody kept quiet. neil: we all went to pot. we went to pot after you left. that is what happened. >> whatever happened to the passion for anonymity, that is what i want to know. neil: you're right about that. ambassador let me step bacand switch gears to the incident abroad today when the president was bemoaning nato members not pony be up more. five of the 28 nato countries are providing the 2% of gdp towards defense. and as he was mentioning, a number of them, showing some of them now, snickering, laughing, what did you think of that?
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what did you think of what the president was raising? >> we're certainly justified raising question of contributions by our allies. the issue of burden-sharing is not a new one. we had that over the decades with our nato friends. we're right to press that. i think number of countries are making serious effort to improve. neil: not a majority of them. some of the numbers are up to your point. when i looked at the new french leader laughing and italian counter part and some of these others who are in arrears on some of these payments. i'm just thinking, i mean is it that much to ask for everybody to pony up a little more? >> i think it's right. the standard is supposed to be 2% of the gdp that countries spend on their defense. i think a number of country have to work themselves up to that figure. i think it was awkward to raise
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it during a ceremony regarding 9/11, fall of berlin wall an all that. i'm sure we'll get over that part. the other thing that was not mentioned was our commitment, explicit commitment to article v, an attack on one is an attack on all. secretary tillerson reaffirmed it. i would certainly like the president reaffirm it. neil: i don't think i heard him say that ambassador, always great talking to you. >> my pleasure. neil: ambassador, john negative negative -- negroponte. the markets are raising ahead. we can act. you decide.
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. neil: all right, we are just getting word that u.s. appeals court in the 4th circuit is going to keep that block on president trump's travel ban in place. this is his second travel rework, the one that targeted largely muslim nations, although in the latest incarnation, down to six nations from seven or eight before, and had more widespread kind of leeway here for those who come on separate visas or from separate points of the world that are not necessarily just muslim nations. regardless, this 4th circuit now keeps in place, this ban, and that it will stay in place. thing changes. in the meantime, something
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that's changing here is old records for the markets which could be falling today. the dow, s&p, the nasdaq sprinting ahead. amazon in and out of what could be first foray in the thousand dollar a share territory. trish regan will update you on more. trish: indeed we will, neil. president trump delivering a stern message to the world, we will not and cannot tolerate terrorists, and nato countries must pay their fair share to help in the fight against terrorism. i'm trish regan, welcome everyone, to "the intelligence report". he blasts the latest intel leak of highly sensitive information related to the manchester terrorist attack. president trump assuring the uk one of our greatest allies, the u.s. will not tolerate the intel leaks and that the justice department will get to the bottom of this. all this as we learn just how much hate and vengeance the manchester terror suspd

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