tv Cavuto Coast to Coast FOX Business July 24, 2017 12:00pm-2:00pm EDT
12:00 pm
we will take a look tat big board for you. down 54le points. we had existing home sales, little disappointing, but we are only down a quarter of a cent on the dow, 21,525. neil cavuto, i hand it over to you. neil: all right, thank you very much. you broke some news there with congressman wilson talking about the possibility of getting democratic support. we are going to explore that. we are also exploring this. jared kushner denying any collusion with russia also said to make a statement. we are told, we don't know if he'll make it before reporters, but he's expected to discuss maybe what he discussed in the broadest of outlicenses. -- outlines.
12:01 pm
in the meanwhile, we have the federal staff writer brie with us. one of things that comes up with jared kushner, trump, jr., paul manafort, former campaign adviser, manager, i should say, who did they know, when they did talk, is this developing into anything or is this just going to be a week of closely monitored hearings even though they're private hearings? >> the media is going to be completely fixated on all the hearings this week. if any of the past hearings with comey and jeff sessions which revealed very little to nothing as the substance about this investigation into potential and alleged collusions with the trump campaign and russia. i think given the past kind of hearings that we've had, nothing came much from it. if that's indication, hearings
12:02 pm
ha that are coming up, i doubt that those will reveal much either. >> yeah. >> one of the things that kushner try today clarify is they weren't meetings of the case up to them. they were receptions where you had russian embassador sergey kislyak and the media is going to look at, you nevertheless met with the guy, you bumped with the guy, where is this going? >> this is exactly what the media said about jeff sessions when he bumped bo russian embassador at a reception and said, hi, and shook hand. only in a telenovela is considered or tv show and add a lot of sub text to that. in a real world a handshake is just a handshake.
12:03 pm
neil: you mentioned jeff sessions and there's been other talk out there that the president continues to throw him under the bus, the latest rumors that he's considering rudy giuliani for that job, is that another case for embarrassment for as donald trump attorney general? >> i'm enjoying all of the drama between him and jeff sessions and the rudy giuliani angle. this is something that donald trump likes to do, he publicly likes to throw people under the bus and pretend that he's going to bring in another new person. i think that's why the media is to fixated on him. we can't stop talking about him all of the time, he does the little dramatic things, again, telenovela this is what a character does. >> it's not what a president should do? >> right. neil: that's hardly a way to instill loyalty. >> it does work to instill loyalty, right. that's the point.
12:04 pm
it's not the classiest -- neil: you would quit if someone were to do that, you would quit. >> i would absolutely quit but this elaborate dance that they do and that these other participants, willingly participant show that they don't have a lot of character and self-respect. neil: charlie gasparino would have lined a tell-all book on the guy. charlie gasparino is here. separately, and i do want to get to donald trump, jr. building up legal team. what do you make with rumors, what do you think? charlie: i always want to think that he's got something on us that donald trump has got plan all this stuff is going to lead to something very positive, he's smarter than us by the shake-ups, saying crazy stuff and having sush -- subordinats.
12:05 pm
neil: there's no method. charlie: lock at neil gorsuch. they are still working on the back channels, back channel work on taxes as you, but still it hasn't happened and what we are talking about now is -- neil: we are waiting on jared kushner. >> on the russian stuff, some of it was firing comey when he did, he should have fired him day one. he didn't fire him at first, my guess is donald trump liked to fact that comey helped him win the election, why going after hillary as he did and then he fires him when it looks like he's turning on him. neil: yeah. >> that's the interesting thing.
12:06 pm
the thing with donald trump, jr. is interesting, i know donald trump, jr., i really like him, i think -- saying he's a good kid is not something -- the president said it, new yorkers use when you're older than the person. he is. neil: smart guy. >> he did maybe something not appropriate here and here is what it shows you when you mix in something not appropriate here, you could find yourself in deep legal trouble. as i reported yesterday, first report, he hired a very well-known, regulatory, a lawyer that knowns the apparatus very well, karina lynch. he use today work for grassley. she last week negotiated his nonpublic testimony so he's giving a private testimony. he's got her lined up, he has fred fieldman, he worked in the bush white house again,
12:07 pm
top-notch washington lawyer. he has alan already, for a nothing-burger he went out and found three lawyers. here is why. it doesn't matter if you have done nothing when the spotlight is on you, everything you say can put you in jail. i mean, ask scooter. neil: you're right about that. >> what he said to investigators on the bush years. that's why he's got to take this very seriously. that's why he brought in karina lynch to basically negotiate a way that he can give this thing in private -- neil: i understand now all of the systems are being done in private with the committees today, what you're seeing is him wait to go make a statement afterwards and the other donald trump, jr., paul manafort. do they all eventually have to
12:08 pm
go public or what? >> i don't think they have. sometimes there's public pressure to do it right. i don't think they have to. here is the thing, you know, if you think about it, if he didn't fire comey when he fired him, or if he fired him earlier, we probably wouldn't have this mess because it wouldn't have been the sort of notion that, you know, he's firing people to hide something. his timing was impeccably bad. ken star has more bag page. ken star was investigating a stain on a blue dress. i can't remember. neil: was seeking out opinions on how to spreed criminally.
12:09 pm
>> was looking at something solicitous and wonder why we would waste money in that case. mueller is looking for something different. neil: now he's looking at financials. >> firing him is a big thing if you go that route. neil: if you go that route. i want to bring michael barnes on anthony scaramucci saying he's going to go after white house leakers, listen to this. >> we have to get the leaks stopped, chris, i know it's washington and it'll be impossible to stop all of them, i think what's going on now is high-level of unprofessional and not serving the president. i am a business person, i will take dramatic action to stop the leaks. neil: dramatic action means firing or whatever. michael barnes on what that might mean. obviously, the president is exasperated by the leaks.
12:10 pm
the hillary clinton people were concerned about leaks themselves during the campaign and even prior. so where is this going? we are told scaramucci is considering verbal atmosphere, anyone who can cough up information on anyone giving information would be protected but we will clamp this down, what do you think? >> scaramucci is giving an opportunity to stop leaking before going to drastic action and firing communication's staff. he's taking the action that chief of staff should be taking. the chief of staff is not doing for the other divisions in the white house. everybody in the whois, everybody in white house has access to reporter or washington post or whatever you wand to undermine the president. what this means to me, we need the type of leadership that we are seeing from scaramucci and reince priebus needs to take the hint and go. neil: there are sign that is the president kind of overrules whatever beefs he has in the
12:11 pm
type being including the hiring of scaramucci himself as communications director. clearly panicking the very sensitive issues, get out when they shouldn't get out, that the problem clearly is from within, how do they deal with that? >> i think they put their own people in. they've never been political. that's where the division is. staff the organization with people that are loyal and understand the president better, even if they don't have political experience, this is what the american people elected. they wanted somebody different and at this point they haven't really gotten it because the president has been squelched by the traditional politicians in washington, d.c. he hasn't been able to drain the swamp, so to speak. he's not going to be able to do it until he separates from the traditional dy -- dc politicos.
12:12 pm
neil: the president was looking at the whole pardoning thing and powers he has and whether it goes not only to top aides now but allegedly he's been ringing up the idea of prepardonning people all the way to himself. now, they deny both cases but what do you think of that? >> generally speaking it's an example of the egregious and there shouldn't have been any sort of individual who overheard the conversation in the first place but if they did, they should have had the respect for the presidency and subordination and not share it with the reporter. it's ridiculous and prime example why scaramucci needs to be doing what he's doing. neil: however it got to us, what do you think?
12:13 pm
>> i think that he's interested to know in the worst case scenario what could happen and what he could do about it. the investigation, i think, is snowballing, whether it's based in fact or not, he insisted that it's not. he wants to know what it can do about it. neil: what are his options? michael barnes, very good seeing you. the crowds on capitol hill wait to go hear from jared kushner, of course, the president's social top adviser who is being queried right now behind closed doors. mr. kushner plans to make a statement, whether that's going to be before reporters, via a verbal statement, at a microphone or whether he tweets it out, we don't know. we know that he's snil the room right now talking to those senators and we are still wait to go hear what he had to say. after this.
12:15 pm
when this bell rings... ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network security helps protect business, from the largest financial markets to the smallest transactions, by sensing cyber-attacks in near real time and automatically deploying countermeasures. keeping the world of business connected and protected. that's the power of and.
12:16 pm
these days families want to be connected 24/7. that's why at comcast we're continuing to make our services more reliable than ever. like technology that can update itself. an advanced fiber-network infrustructure. new, more reliable equipment for your home. and a new culture built around customer service. it all adds up to our most reliable network ever.
12:17 pm
one that keeps you connected to what matters most. neil: all right, it was a little bit of a bomb subpoena shell dropped in the last hour when ashley webster was talking to a moderate member of the house, representative chris collins in new york, one of the earliest to support then candidate donald trump for the presidency but it was on this issue of some sort
12:18 pm
of progress on tax reform. i want you to listen to this. >> there is the potential of getting some democrats to come on board, it might not be as mass of a cut as some of us would like, if we can get corporate rates, the money is reinvested in jobs and economy, so i'm one that is part of the tuesday group. we've met with a bunch of democrats called the new dems. it will be hard to do it on our own just like we saw because the state -- the issues in the states are so different, but we could have an america would actually applaud something calleda bipartisan tax reform. they would actually think, oh, my god, congress in dc are finally doing their job. neil: tuesday group is moderate, more middle of the road, more flexible on the size and scope of the tax cuts but the keyword
12:19 pm
and key phrasing, might not be as massive as some of us would like but to get democratic or bipartisan support would close the deal. what do you read into that, wall street journal shelby holiday? they are dialing this thing back. >> absolutely. the fact that we are talking about cuts emphasizing cuts more than reform in general is really interesting. republicans want to cut not just corporate tax rates but individual tax rates across the board and here we are talking about not massive tax cut ifs we want to work with democrats, that almost automatically eliminates taxes for the wealthy and democrats would not be on board with that and donald trump we wanted to cut corporate tax rate down to 15%. this sounds maybe they settled in 20% range. democrats would not give corporate tax rates that big of corporations that big of a break, they already think corporations don't pay their fair share, so, yeah, this is
12:20 pm
really a setting expectations and also the timeline here seems to be pushed back. continues to be pushed back. neil: ron christie is here, former bush 43 special assistant. what the moderate congressman is saying, he does represent the views of moderate republicans, we can give without this being massive reagan-like tax cut and maybe to shelby's point not even one for the upper income, i think both of our reading into that, but having said that, how do you feel about that if this is already getting predialed back before anyone has had a chance to formally propose anything? >> neil, good to see you, it's a missed tun. we have the largest governing majority in the american congress since 1929 and republicans can't get act together to find a tax bill to find moderates and conservatives and consensus, this is just pure insanity. we've had seven years to get our act together to come out of the
12:21 pm
will -- wilderness and republicans are showing that they don't know how to govern. neil: position of strength, maybe they realize their majority certainly in the senate and if you think about it given moderates and conservatives in the house, they don't have much so they have to get democrats on board and this is the only way to do it, what do you think? >> i agree with that, i think we are hearing shifting conflicting messages from republicans themselves, very similar to what happened with health care, ted cruz saying taxes ain't going to happen and then paul ryan saying, question do tax reform even if we don't do health care. we don't know where they stand in terms of getting this done. neil: why do they come back to the health care well? >> health care does involve taxes. neil: i understand that. they got nowhere pushing that. >> some of it has to do with the really conservative republicans who -- who it's repeal and replace is do or die for them and they want to talk to about
12:22 pm
taxes before replacing and repealing obamacare. so the priorities are shifting. we are also just getting a lot of different signals from republicans in terms of minor details in tax reform, whether it's the corporate rate, whether it's pass-through taxes, lowering individual taxes, there are all sort of nuances in this bill. we use today talk about border adjustment tax, that seems to be gone. neil: you guys will close than i will ever be and know more about it than i ever will, the personal rate thing not a sure deal this year. corporate thing, maybe. even there not as generous. i don't know. a lot of watered down stuff before they had a chance to negotiations where you normally see watering down. >> i think you're right and to your point the republicans really don't seem to understand on principle what they really want to stand and what they want
12:23 pm
to deafen. look, you have so many people in the united states senate who say, we want no repeal, no replace bill and stand on principle than say you know what, we might actually have to work with democrats, we might have to compromise to get something done and the american people -- i was traveling around the country and the people i have spoken to that live in the real words, not washington, d.c., can't these people get their act together, neil, and that's why i'm so worried the republicans will go on holiday accomplishing nothing. neil: in order to work with democrats, they have to dial back the strength of their policies. >> big time. you have democrats today proposing their new agenda and it looks nothing what republicans want to do. neil: more government. obviously not tax cut ifs for wealthy or what have you. i do see republicans kind of morphing into something so moderate and so watered down that you almost wonder why they're even doing it. >> it's interesting too because
12:24 pm
the one big schism here is the deficit. you don't hear much about the deficit. there are some conserve tiff who is are deficit hawks and don't want to add to deficit and oppose to cutting taxes so deep and you have moderates kind of saying -- neil: moderates to say, maybe not. >> exactly right. what i wonder given the number of folks who are in the conservative freedom caucus, 40 of those and given you have about 50 moderates in the house of representatives -- neil: they have the other little drama. jared kushner is done with testimony before the senate intelligence committee here. he is promising to make a statement but this gets in the way of all of that stuff. >> takes a lot of time too. they are not working on tax reform or health care. they are talking to jared kushner. neil: do you think this drags on, before the judiciary committee, also a closed door meeting, we will have a lot of the hearings, whether they are private or not, does that supercede the attention that
12:25 pm
would normally be given to these issues? >> of course, look at the madness. we are not talking about health care, we are not talking about tax cuts, we are not talking about regulatory reform. let's get to work and do the work of the american people rather than fixate on the russia nonsense. if there's there, let the special counsel find it. neil: do you think the administration is not trying to provoke that but sort of stumbles into it by revealing that it hadn't revealed additional meetings? >> yeah. neil: cocktail party receptions or not, i understand there are differences, it fuels this argument that they are hiding something. >> you know what, we got the really weird emails and i think we should flag them now, put them on the table, they could have handled this so differently and it's so easy to say now. tiel neil now -- neil: now is the time.
12:26 pm
>> investigations aren't going anywhere. neil: jared kushner on the way to the white house and presumably there will make a statement. we will be hearing from the white house budget director mick mulvaney having to do nothing with jared kushner and having to do with the concession on the key moderate member to say, you know what, maybe the way around this tax impasse that we have with democratic friends is to do more of what they want, to get more of their support and that is not being read favorably in the markets, the dow down 50 points. we will have more after this and hey, unmanaged depression, don't get too comfortable. we're talking to you, cost inefficiencies and data without insights. and fragmented care- stop getting in the way of patient recovery and pay attention. every single one of you is on our list. for those who won't rest
12:27 pm
until the world is healthier, neither will we. optum. how well gets done. with some big news about type 2 diabetes. you have type 2 diabetes, right? yes. so let me ask you this... how does diabetes affect your heart? it doesn't, does it? actually, it does. type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. and with heart disease, your risk is even higher. you didn't know that. no. yeah. but, wait, there's good news for adults who have type 2 diabetes and heart disease. jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and heart disease
12:28 pm
and lower your a1c. jardiance can cause serious side effects including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serious side effect that may be fatal. symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. do not take jardiance if you are on dialysis or have severe kidney problems. other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. tell your doctor about all the medicines you take and if you have any medical conditions. so now that you know all that, what do you think? that it's time to think about jardiance. ask your doctor about jardiance. and get to the heart of what matters.
12:30 pm
12:31 pm
answer some questions from reporters. the latter is unlikely. the former possibly. we are on it when he returns as the white house meanwhile is starting to make an overture to democrats today when it comes to taxes, maybe the first wind of that when ashley webster was talking to new york, sort of moderate congressman chris collins on concession that is might be made to win over those democrats particularly on the tax cut portion of a package that would go a long way toward improving republicans' fortune that they are able to get to that. but democrats are responding with their own agenda half an hour detailing from one that will geared at average americans. gerri willis on that. >> that's right, americans feel the system is rigged against them. chuck schumer has a new agenda for the democratic party, rebranding of the party and includes this, one a reinterpretation of antitrust laws which schumer says
12:32 pm
advantage large corporations by allowing them to merge. the senator writes that democrats will fight to allow regulators to break up big companies if, quote, they are hurting consumers. two, the cost of prescription drugs which schumer said have ratcheted higher and stop prescription drug gouging in demand that companies justify those prices and millions underemployed americans, he wants to give employees specially small business operators a tax credit to train workers for unfilled jobs but that's not all, the senate minority leader plans, today's list is just the start of defying a new agenda for democrats, ones that in his words will increase people's pay, reduce expenses and educate the workforce and, neil, as i send it back to you, he talks about reorienting government to work on behalf of people and
12:33 pm
families, weren't the democrats in charge for eight years? i'm confused. neil: it's interesting that he said that democrats should be blaming ourselves and not the russians. might be news to some of the hillary clinton folks. >> there you go. neil: that's what he said. gerri willis, thank you very much. what to read into this, the timing of all of this, the guys have great internal tracking polls that show being against something can only get you so far. the fact that so little money has ended up in their democratic when republicans are making money lead some to believe that a different strategy is involved here, the democratic stagist, former ted cruz chief of staff, chip, what do you think of that, obviously chuck shuinler -- schumer is a pretty good strategists and have seen limits to cite sizing the other guy. what do you make of this? >> what we have seen since president obama took office, the
12:34 pm
democrats lost a thousand seats across the country. they went from 31 governors down to 16, they went from 60% of state legislatures down to about 30%, so i think they are seeing a dramatic shift across the country and the republicans are doing well state by state. this is a reaction to that and focusing on the working class. the problem is that's precisely why president trump was swept into office. a lot of american people that were feeling the pain of 8 disastrous years that resulted in double-digit premiums and a lot of people on the outside looking in across the country. neil: i think robin the most salient is that democrats should blame ourselves not russians, referring to the last election. now, that flies in the face of ongoing investigations which seems they'll be all about the russians and all of that and how they interfered with the
12:35 pm
election and torpedoed it for hillary clinton but seems to be chuck schumer's way to saying to the hillary forces, we are only getting so far doing this, what do you think? >> you know, neil, here once again i find myself in the situation of being the democratic coroner instead of commentator, what i want to say protecting the democracy first and foremost is our -- our absolute number one priority and that's a nonpartisan issue. these russian investigations, they do need to proceed and they will, but we did -- we blew it in 2016 and we have to get back middle america, we cannot become the part of new york and california, so we are working on revising our platform as we should, but -- but, you know, i will say that democrats are late to the party but right now republicans haven't shown up at all. they are not delivering on promises. neil: robin, how does it work when parties do that? you guys have at your disposal
12:36 pm
far more intelligence on -- on polling data and the like that goes way beneath and much deeply into the weeds than typical broadcast and publishing houses, polls to ascertain how much traction a party is making and maybe in this case, the democrats are not making and this is chuck schumer's way of saying, we are only going so far using the russian thing, people think that we have to come up with something ourselves and today is the day we are doing it? >> absolutely. and we've got to deliver when it comes to tax cuts and we've got to do something about the rising premiums for the affordable care act otherwise known as obamacare. these issues are affecting middle americans, that's why you sad it yourself, that's why we ended with donald trump. he was the anticandidate and political outsider. americans were desperate enough to give him a hand and republicans have complete control and they are not delivering on promises so
12:37 pm
democrats do have an opportunity to slip in and finally fix the issues for middle american that is republicans frankly are dropping the ball on right now. neil: he is right about that. for all of control of washington, republicans have not seized that initiative. they have to do one or the other, health care, tax cuts, but something before the end of this year. how likely is that, and if it doesn't happened, are you worried? >> well, yes and no. the congress has a lot of work to do to unwind obamacare. let's keep in mind that's complex law brought to the american people and going to take some time and the bill is far better today than four months when it first started. neil: i don't think they will get that done. do they go to what newt gringrich said? >> if they can't get there, they should pause and do tax reform and keep working on the sidelines to deal with health
12:38 pm
care because they have to deal wit. the other thing that's going on, the president issued an executive order calling for abolition of two regulations for every one that's implemented. we have done 14 using the congressional review act to undo obama regulation and so there's a lot of red tape getting cut as they go through and getting us out of the paris climate accord which would have cost us 6 trillion-dollars. neil: i don't a horse in this race, you still need -- they might get it to your point. >> i agree and they need -- but they need to follow conservative policies and not california, not new york. that's what the american people want. neil: all right, except in california and new york. great guests. in the meantime we are waiting the announcement from jared kushner talking about testimony, cloosed-door testimony. lasted better than two hours, i might add. he's not going to say everything
12:39 pm
12:43 pm
neil: all right, web md selling, private equity firm, kkr, it has quite a few of internet brand. nicole petallides with the latest. hey, nicole. nicole: it's being sold for $2.8 billion, basically a 20% premium from friday's close, stock is up almost 20% right now. moved to a new 52-week high for web md and the deal is kkr is
12:44 pm
buying web md. they spoke to over a hundred companies and private equity firms trying to find the best bid out there so thigh decided -- they decided on this one and is supposed to close by tend of the year. the other part of it what will happen to the website, there's no word on whether the web md website will change in any shape or form. it has 70 million monthly unique visitors and have started back in 1996. since then we have been able to start the self-diagnosis whether you're good at it or not but certainly a lot of fun and helped a lot of people to give them some direction as to their health. so big picture here. we will have to see what happens. big jump on the deal here which will close by tend of the year. neil: all right, nicole, thank you very much. of all things held, new analysis of the congressional budget office, health care report show that is 73% of coverage losses under the latest gop plan and
12:45 pm
senate would due to individual mandate, taking it away, former hhs deputy secretary, very good to have you back. it doesn't surprise me at all and you've written that when you take away the mandate, obviously the order to have coverage goes away so a lot of young particularly healthy people would be less incline today seek out coverage, but it's a conundrum for republican who end up in the media looking like mercyless sob's, how do they deal with that? >> it's never good to look like a mercyless sob, neil. it took health insurance and regulated it but made it mandatory and substance -- subsidized it. if you're going to subsidized it and that's why the coverage went up under the affordable care act. what you're trying to do with changing the aca, i wouldn't
12:46 pm
call it repeal, what they're trying to do is get rid of some of the intrusion, there must be purchase of health insurance by the very virtue if you are alive, living being, if you take away the compulsion people are going to say i'm not going to buy it. i don't think 16 million people. neil: what do you think it is. you just exploited that anyone with a brain, of course, if you don't order something you're will have fewer people doing it. it's almost as if republicans are afraid of their own shadow, particularly those who look at cbo reports, the number of people who aren't going to have coverage versus the number of people who were supposed to have the coverage ten years from now as if we can forecast that but they are afraid of it. what do you tell them? >> that's exactly right. they are afraid of it. people aren't going to look beyond the number of 22 or
12:47 pm
23 million depending on which cbo report you're looking at. nobody is going to go behind the numbers other than you, neil, and me, nobody is going to go behind the numbers, 16 million of those only because you don't have the compulsion written in the law and if you change the sentence shall be mandate, 16 million people will be on according to cbo. they know that when the democratic attack ads come, they're not going to say, well, 16 million of them are because of the mandate, 22 million lose coverage because of the mercyless mean republicans. neil: 30 to 35 million that were not insured to get insured. under the best scenarios we are still going to end up with a like amount given the population growth ten years from now regardless of what happens at a minimum. so why did we up-end the system for the 30 or so million who
12:48 pm
don't have insurance for the 300 million or so who do? >> well, that's a great question. and the real answer comes down to politics. it was a very tough significant serious point for the democrats to make in their campaigns in 2008, 2009 about the 47 million or so that they said didn't have health insurance. that was slightly inflated number but the fact is that they made that point over and over again and when you hear in washington, oh, there's this problem, we need to do something about it, that's the heart of the issue. neil: you just said it again far better than i, farther better than any republican party. hhs deputy secretary, of course, but produces as teddy pointed out a watering down on the republican approach to health care and by the way as we have seen ashley webster, watering down in the tax cut package, member of tuesday group saying we can work with democrats, the only thing we have to do is
12:49 pm
12:50 pm
and she took it from there. when a fire is going on, you're running around, you're not thinking clearly, so they called the fire department for us. and all of this occurred in four minutes or less. within five minutes. i am absolutely grateful we all made it out safely. it's kind of one of those things you can't even... you cant even thank somebody. people you don't know actually care about you. to protect what you love, call 1-800-adt-cares
12:53 pm
kushner who wrapped up with the senate intelligence committee, closed-door briefing lasted better than an hour and a half, i'm told. no guaranty of that. connell mcshane following all of that and the attention this gets and takes away from other things. >> no doubt about it. i would imagine the statement would be very short and nondescript. i would have to think because he testified before the senate intelligence committee and still has to speak to the house intelligence committee and all been behind closed doors and you can't expect him to say much more than i told them what i needed to tell them and i look forward to having further conversations. your point is exactly right. we are even supposed to be having a different conversation. neil: this came. >> that's what happens, right, a new show or it's people in washington, that this investigation is hanging over everything and, you know, the administration to be fair hasn't done the best job in making it go away.
12:54 pm
stories have changed or either updated with filings or meetings with embassadors, the meeting at trump tower and that gives the story new light. neil: you know what happens is there's always stuff out there and i can understand what kushner was saying about the additional run-ins he had with the russian embassador, i certainly understand what he means but you would think that they all had a meeting, do you know of any other meetings in international house of pancakes, russian dressing in the salad, anything to get it all out of there, have at it, the drip, drip is worst. >> it's horrible for the messaging and trying to get your agenda back on track, you should be talking about health care, you can be talking about infrastructure, talking about a whole host of other things but instead talking about this. that was the biggest thing came out of the don, jr. revelation such as it is. we don't know what it is, but we
12:55 pm
know that it's something and a number of times -- neil: close-camera briefing, stuff will leak out, right? >> of course. and that goes back to the white house with anthony scaramucci saying over the weekend, no more leakers, we are going to fire all the leakers, somehow the stuff manages to get its way. what happened here in new york too but that's the way washington works. if enough people in one room, someone else is going to find out about it. you're right. there should be a memo that anything should do with this, should come out. now maybe too late for that. neil: tell our kids to do that. mine don't. [laughter] neil: chris collins, moderate, conservative backing donald trump threw olive branch to democrats -- >> saw, that yeah. neil: that seems to me that they are going to water those down. >> not a good opening of negotiation. you wanting to late in the game if possible, if you need the
12:56 pm
votes but start somewhere else. it does look like they are going in hope to go get something done. look what has happened in health care and how much a debacle, we don't know if anything is going to happen. with taxes looks like the opening with republicans is let's get something done rather than get something big done. that's a big deal. neil: already dialing it back. we are waiting jared kushner's statement and we are also awaiting the administration to weigh in on some of the overtures that some of the moderate republicans have offered including new york's chris collins who said about those big-ole tax cuts, maybe they don't need to be that big and maybe for the rich they may not be the case at all and that has mcshane furious. that was a deal-breaker for him. we will have more after this introducing new parodontax.
12:57 pm
the toothpaste that helps prevent bleeding gums. if you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse. help stop the journey of gum disease. try new parodontax toothpaste. ♪ potsc(in unison) drive russ, leland, gary: yes. gary: i have a ford f-150. michael: i've always been a ford guy. potsch: then i have a real treat for you today. michael: awesome. potsch: i'm going to show you a next generation pickup. michael: let's do this. potsch: this new truck now has a cornerstep built right into the bumper. gary: super cool. potsch: the bed is made of high-strength steel, which is less susceptible to punctures than aluminum. jim: aluminum is great for a lot of things, but maybe not the bed of a truck. potsch: and best of all, this new truck is actually- gary: (all laughing) oh my... potsch: the current chevy silverado. gary: i'm speechless. gary: this puts my ford truck to shame. james: i'll tell you, i might be a chevy guy now. ..
1:00 pm
neil you know, markets unaffected by this one way or the other. a live shot of the white house. waiting to hear from jared kushner about to make a statement we are told among no guarantee before the senate intelligence committee. these are all off-camera affairs here. if it rather he market, speaking at an all-time high. what we can expect from blake burman. >> this is just the second time the administration will put jared kushner before the cameras. earlier last month during an
1:01 pm
event in infrastructure week when he was basically outlining the group of participants. today, this is a whole different beef as the next comments in 15 minute from the north lawn at the white house after kushner this morning mentioned went over to capitol hill, spoke to folks of the senate intelligence committee and outlined the conversations for them 11 pages worth of testimony before he went over to capitol hill. let me start at the words and meanings as kushner outlined them. it starts at april 2016. he had an exchange with the russian ambassador sir jay kissling act here in d.c. fast-forward a couple months back now june 2016 meeting we know about, kushner says he came late and left early. six months after that during the transition time he met with the russian ambassador kislyak and michael flynn at trump tower and
1:02 pm
he denies it was not that point he offered to set up a secret back channel and there was a meeting with the russian banker. kushner said he took it at the behest of kislyak. they were not any specific policies discussed. in a statement today that was put forth, kushner made the argument that he did not collude at all with the russians. he said he did not have any, quote, improper contacts with the russians and he did his best, try to be fully transparent when related to the form that everyone has to fill out before coming into government, especially in his role after the foreign context he has since amended. at the very beginning of the testimony, kushner said he is someone who does not seek the spotlight, but in his words, he added, quote, am grateful to set the record state. we'll have a statement from jared kushner at the white house
1:03 pm
15 minutes from now. i used outward statement because we have a live picture of the north lawn. they set up a podium here with the official white house moniker. possible questions come from this. the white house at this point. neil. trade your statement implies a verbal statement, not just a written one. reporter: everything at the white house we seen is to believe he will come out to the cameras and give a verbal statement. trade you better be right because if you are not we are going to humiliate you. thank you very much, blake burman. meanwhile, daniel hopper with us, real clear republican editor amy stoddard. the associated legal cases that those involved legally like this, amy, tend to be innocuous and kind of vanilla. what do you expect to hear? >> you are right. they usually come out and give
1:04 pm
you a problem that is not newsworthy. he has been advised and even if he does and his forthcoming and he is willing to answer questions and answer all the questions he has said they want to present them and get as many answers as possible and be open about this. i don't know that we are going to hear anything. i doubt that he takes questions and i don't know that we'll hear anything groundbreaking. he's pretty much denying everything and he must've gone through everything obviously carefully with his lawyers before he did that. neil: you know, danielle, we already know the players and they seem be wiring. charlie gasparino is pretty reliable on this stuff, talks about donald trump junior
1:05 pm
lawyering up to include the very lawyer responsible for getting donald trump junior's remarks off camera privately before the committee much as jerry kushner's work today. but when so many are doing not, they get involved at a minimum. how involved do you see this going as the summer continues on? >> there is no sign of it letting up. i agree he will come out in a couple minutes and reiterate his earlier's date men from earlier today saying there was no collusion. he did nothing wrong. he just wants to get on with it. the white house would like nothing more than to get on with it and move beyond this and do something is. the problem as i said is there is no sign this is going to let a tear this is really i think going to dog them for the rest of the term presidency because 3.5 or 7.5 more years. neil: really, so you think this goes on for years? >> yes. maybe seven and half is too
1:06 pm
long. >> if it drags on a few years, but what mercedes schlock, former bush 43 spokesperson is saying, obviously this kid complicated the more we find out, unintentional or not, and meeting not properly described, not vetted and not revealed. obviously, that brings up this what else have you told us in what could be a multiyear period of investigations coming hearings on the light. that makes it tough to get a lot done, doesn't it? >> it does become difficult when the white house is under investigation. that seems to create an almost comes a bit of the priority during the bush years as well. here is the reality we are facing. you've got the senate intelligence committee having their own investigation in the senate. but we also been lucky not if
1:07 pm
the fact of mueller. similar investigation is key because that is the one that could go into very different areas. we averred eocene mueller is starting to look into the finances of the trump world. so where the special counsel really has little to no restrictions as to where they can go. that becomes a bigger challenge i think for the administration then the almost senate intelligence committee as they are having with kushner and donald trump junior. neil: i didn't mean to interrupt you there. andy snyder, one of the things interesting about the financial dealings in donald trump had mentioned a "new york times" interview that he didn't think it would be lie more to go into his financial act committees good lo and behold we get back day, you know, mueller is going into his financial act duties. the president has already kind of express can learn about the
1:08 pm
scope and where mueller is going. can you see him firing mueller? >> well, i can answer that question, but we know he's telegraphed to his aides and advisers that he might. inside the west wing bair considering this as a possibility. so are people on capitol hill. neil: they would have to know whether it's testimony or not that that would be nuclear. >> we don't know we don't know that he really cares about these kinds of outcomes yet, neil. he was led to believe that firing call me would be fine. it was the way he did it that was so not fine. we know that he's been warned about mueller. we definitely know that. whether or not he really cares of a different thing. i'm sure you saw the reporting this weekend that they are preparing for political war that could include the firing of mueller and he wants people ready to take the income firing and stay on offense.
1:09 pm
there is really a feeling of panic on capitol hill that is something that really might have been and he would do it to the consequences and obviously you are pointing out just facing its probes, treating about it all the time, that it felt as bad for the agenda. if you light the fire intends his own party to pursue impeachment proceedings, which some have told me privately would be their only recourse and of course they don't want to admit that publicly. i think that's a very destructive act. trade to one other thing that's come up with the report says the president looked at the scope of his pardoning power. we are told that includes not only pre-pardoning, but also pardoning himself. hard to say what is true. it's all leaked out stuff. it might just be all conjecture. what you make of that? >> stepping back from a six-month into the presidency cut a very strong ambitious agenda he's trying to get through.
1:10 pm
a religious distracts from the main themes. we don't know what the truth of the matter is, whether or not he's asked his lawyers to look at his pardoning himself, but that is what is dean discussed now. every time his lawyers went on tv in his spokesman went on tv over the weekend, they were asked about these questions. it becomes the topic of conversation and we are not talking about health care, which they should be a big week for health care or should've been a couple months ago. we should've done all these things. instead, we're focused instead on whether or not these leaks are true or not true. it's just this massive distraction where it's really the white house and their ability to get in this time. >> that i would argue when you go out and talk to the grassroots and those who have supported trump, they are really kind of over the russian investigation and honing in on figuring out these republicans better pass health care or else
1:11 pm
two republican senators. they are sticking with trump and they are also concerned that his kitchen table issues of health care as well as reducing taxes, the real tax reform, they want to see some accomplishments. all the talk in the media world, would be in new york and washington d.c. about whether the president would talk about pardoning or whether the russian investigation, the rest of america is looking at this thing going, you know what, i want to make sure that i can get health care for my family. obama premiums are skyrocketing. are you people in washington going to solve this problem? that's what they're worried about. >> that's a very good point. it could also work away for democrats who are told now imposing statue may be their own internal polls to show that only gets you so far. democrats outlining the plan now to put the american voter for. the average american worker
1:12 pm
first in this multitiered plan. obviously they realize in the middle of all of this they have to do stuff as well. i want to thank you all. he touched on this whole health care thing and where we stand in this breaking news development than distractions. charlie gasparino it back. reporter: my producer brian schwartz getting this from mike lee's office. the senator of utah, a keynote note on health care. what they are saying now, straight from mike lee spokesman's white house advisers reached out on saturday to guarantee that this amendment from a something called the consumer freedom amendment, basically gives insurance companies the ability to sell cheaper policies without all the obamacare mandate, that that will be in its entirety in any new bill. this is key. whited might leave out now? he voted no because he believed the cfa, the ted cruz manically amendment, that he was being watered down in the senate legislation and that is why he
1:13 pm
voted no. when the white house advisers told leigh, according to leigh spokesman, we do not have this from the white house, that they are saying in its entirety, the cfa is in the new health care legislation. that probably means you never see it until you see black and white. that probably means he will vote yes if that is the case. train to hang in there, charlie. jared kushner about to make a statement on his private hearing today. >> my name is jared kushner. and senior advisor to president donald jay trump. when my father-in-law decided to run for president, i served his campaign the best i could because i believe in him and his ability to improve the lives of all americans. and now, serving the president
1:14 pm
and the people of the united states has been the honor and privilege of a lifetime. i am so grateful for the opportunity to work on matters such as middle east peace and reinvigorating america's innovative spirit. every day, i come to work with enthusiasm and excitement. i have not sought the spotlight. first in business than on public service, i have always focused on setting and achieving goals and have left it to others to work on media and public perception. since the first questions are raised in march, i've been consistent in saying i was eager to share any information i how with the investigating bodies and i have done so today. the record and documents i have voluntarily provided will show that all of my actions were proper and occurred in the
1:15 pm
normal course of events is a very unique campaign. let me be very clear. i did not collude with russia, nor do i know of anyone else in the campaign who did so. i had no improper contacts. i have not relied on russian funds for my businesses. and i have been fully transparent and providing all requested information. donald trump had a better message and ran a smarter campaign and that is why he won. suggesting otherwise ridicules those who voted for him. it is an honor to work with president trump and his administration as we take on the challenges that he was elected to face. creating jobs for american people, keeping america safe and eliminating barriers to achieve the american dream.
1:16 pm
thank you very much and i look forward to taking questions from the house committee tomorrow. thank you. [inaudible conversations] trance you are right, there you go. jared kushner saying i did not collude with russia here. anything am having to meticulously lawyer himself up as did donald trump junior who will be testifying before the senate judiciary committee later this week. the former fbi assistant there, ron, charlie gasparino still with us. he was called into question here not only to meeting whether privately or just that they can't does assembly, but other countries, too. everyone is saying all right, what else have you left out? >> well come a meal, his denial written poorly just now seemed a very broad, seemed very inclusive about what he did not
1:17 pm
do, what he did not participate in or know about. but where you are talking about points to the risk faced by him and the president and the others on his campaign team and the staff is what else drifts out that in finance their or that some based on politics or logic demand an answer and how is that play? how does that lengthen the discussion that already seems like it's far too long based on what we know. what does tomorrow look like when he goes to talk to the house intelligence committee and chances are at least one congressman over there who loves the camera will beat him to the camera tomorrow to respond. neil: you know, as a former fbi hyatt guy, director, normally when someone is left out unintentionally or not, and it
1:18 pm
fuels further inquiries. political side and investigatory side. do you feel that between meetings with expanding list of participating for donald trump junior are immediately thought didn't exist for jared kushner and who knows who else, that it just seems to feed the investigatory zeal that just keeps going? >> well, it does do that, neil. i appreciate that intro because that is my context. i was an assistant there. i was incredibly busy, going from meeting to meeting to meeting. if you were to ask me today, who did you meet with? how many times did you meet with him over the course of 20 months as assistant director, i could not tell you. i would have to refer to notes and rely on others because of the pace. mr. kushner's statement to me gives life to that notion that when you are talking about moving at a frenetic pace, when
1:19 pm
all kinds of people are coming at you and want a piece of your time, you are trying to decide who and when and for how long, to mean, that resonates with me because that happens in government in high places and certainly he was entering a high place. i think there is a ring of truth to that. but you are right, too. leaving things out, even inadvertent, gives people an opportunity to say timeout. today's statement and perhaps his testimony will give some added context and have people say, this sounds true. can we prove it false? and bob mueller prove it false? neil: charlie gasparino, donald trump is really lawyering up. they are preparing for anything and everything? >> in a shed. that doesn't mean they are guilty just because the lawyer of. the carina lynch, basically negotiated the private setting he's going to be giving his
1:20 pm
testimony on. i will say this. as someone who covered a lot of this white-collar staff investigation over the years, people make mistakes when they talk to fbi agents, when i talk to government officials. they misremembered things, they, you know, sort of inaptly coverups tough. but you know, what is interesting about it, i've covered it time and time again. the end result never really is the prime. i'm not saying it's good to misremembered things or cover stuff up, but you've got to ask yourself, what is the ultimate crime? that doesn't mean they won't get caught for covering up stuff, but i tell you time and time again i've covered white collar crimes and scandals or the end result turned out to be nothing. just a bunch of people confusing am looking to put the genie back in the bottle and it gets really difficult. if you think about all these
1:21 pm
russian meetings, whether scary michie shaking them guys hand and although sir jared kushner with 10 people who want to leave the meeting early, what was the end result of this? for any of these meetings in and of themselves illegal? no. russia is not basis. they are not an enemy state. whether jeff sessions bumped into some guy, kislyak at a dinner. some of this stuff you have to ask yourself and i know they are and might than trying to put the genie back in the bottle because they are worried about perception. but the end result, you can ask the fbi guy. the end result doesn't look like there's much there. neil: i wish we had more times. obviously, charlie was referring to sergey kislyak, the russian ambassador to the united states.
1:22 pm
what are you supposed to do? drive three-quarters of a car? now if you had liberty mutual new car replacement™, you'd get your whole car back. i guess they don't want you driving around on three wheels. smart. with liberty mutual new car replacement™, we'll replace the full value of your car. liberty stands with you™. liberty mutual insurance. so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed
1:26 pm
>> let me be very clear. i did not collude with russia, nor do i know of anyone else in the campaign who did so. i had no improper contacts. i have not relied on russian funds for my businesses. and i have been fully transparent and providing all requested information. neil: all right. managing editor katy freight on all of this. short, sweet, to the point. what did you think? >> i mean, what else are you going to expect? it was straight to the point. the most interesting part of this statement was when he took kind of a shot at democrats want to ridicule trump voters for people to push this narrative that russia somehow got donald trump elected as president. i would completely agree with that. a lot of people switched over to vote for tom because they were disillusioned with what hillary
1:27 pm
clinton and democrats were offering. i appreciated that part of the statement, but the rest is pretty straightforward. neil: now you have republicans during the scramble to get back on message from this distraction. interestingly enough, democrats as well field that just being the party of russian collusion and challenging not even enough to get you over the finishing line. nancy pelosi is joined by other democratic leaders, pushing their agenda. obviously they do very good internal tracking polls showing just being opposed to the republican agenda, citing the so-called collusion store isn't enough. what you make of it? >> i don't think it's enough. once it drops, there's nothing for democrats to fall back on. core principles are still rotten. people still don't like the message they are sending and by focusing on russia, a kind of gives them a shield to put up for a while so people don't see what they are trying to do.
1:28 pm
the poor messaging hasn't changed and honestly that is why they are having a tough time here. it gives them something to focus attention aside from the fact they had their very own serious problems. neil: democrats have a serious problem raising money. they talk about ways to reach the average american worker raising wages, and but when it comes to fundraising and seeing how that could change things for them, which you typically would expect to happen to the other party facing the party dealing with all the controversy is not happening. why is that? >> as i said a moment ago, democrats have seriously huge problems at the core of who they are as a party. they have young far left movers trying to push up into the party. they have older leadership like nancy pelosi clinging to positions of power. this is all causing a huge struggle. people didn't like their messaging during the election. they're trying to covered up by
1:29 pm
by focusing on trump in russia. at the base, people are still unenthused with them. they don't like their messaging and michelin in the smallest amount of money they are raising. neil: it got lost in the sauce today, but colin said it on air. chuck schumer was talking about the fact that democrats should blame ourselves. quoting not from what happened last year. that is the first prominent democratic leaders to say that in to say he's not minimizing the collusion story but i'm sure they hope politically sticks, but that wasn't the reason why donald trump one. what did you make of that? >> i think it shows a sense of self reflection going on with chuck schumer and that is important for democrats. like i said before, they have a lot of deeper issues going on. if they try and brush them aside and blame it on trump our russia were the people in michigan that they said were disillusioned,
1:30 pm
they need to focus on themselves and understand what they did wrong in the election, why hillary lost places like michigan, why blue-collar workers are turning away from democrats in moving towards republicans. if they don't start looking at that, like schumer said, they'll not have a very good time when elections come in 2018. neil: being opposed to something only get you so far. good seeing you again. >> thank you. neil: the man that crunches the numbers, mick mulvaney and what he makes of this. he's got a lot of things to work on a get done in short order to matter these distractions. mick mulvaney next.
1:34 pm
1:35 pm
last-minute devoted to things like the budget, things like tax cuts, things like health care rework, all of which concerns my next guest, white house budget or, mick mulvaney. very good to have you. thank you. >> meal, good afternoon. thanks again as always for having me. neil: do you worry whatever your opinion is on us all russia thing that it drags on and on and nothing else get done? >> i don't worry about it too much. i get frustrated along with other folks who are so focused on policy that he gets all the attention that it does, but it doesn't stop us from doing our work. across the street at one b. we are working seven days a week on policy. we don't spend time in russia because that is not what we do. would like folks to start paying attention to what we are doing because disney stuff happening in the administration. neil: i don't know how closely you follow the markets, odyssey are pretty astute, but they run up fast since the president's
1:36 pm
election since the inoculation. if any of this is concerning the latest dramatic development, they have a funny way of showing that. the nasdaq, for example you might be aware that a record right now. so what do the markets bet on when they talk to a lot of the principles, they assume they are going to get tax reform. they are going to see it this year. >> they are. i also think health care reform. the challenges you see in the senate mimic some of the challenges we saw back in march in the house. there is a time in mid-march were a lot of folks that health care was dead and it would never get out of the house and they did. the same dynamics right now in the health care package will pass up the senate, the house. >> when you think it will be? >> has to be something before september. as a former elected official, i wouldn't want to go home without having follow through on my biggest promise.
1:37 pm
what he tells someone even if someone else is the one who kills it. i do say thanks for giving the house and senate and the white house to my but we didn't follow through on our biggest promise. that weighs heavily and it should. and you will see tax reform thereafter. neil: the director of the freedom pocket is the conservatives who aren't keen on more spending or even keeping tax hikes in effect. they seem to be open to the senate measure, the one that didn't seem to be going anywhere that would include the income for, you know, medicare and related expenses. how did you feel about that? how would you feel about the final draft of something in the senate includes keeping taxes in there? >> sure, couple responses. politics is the art of the possible and if that's what it
1:38 pm
takes to get obamacare repealed, that certainly wouldn't bother me if i put my old pakistan. a lot of my friends in the house feel the same way. i would also add to that the fact tax reform is coming next. we know that it is. maybe a second bite at the apple to fix parts of the tax code. it doesn't all surprise me it hasn't killed the bill in the senate or at least doesn't look like it killing the bill in the senate and i urge them to go and if they think that's what it takes to get rid of obamacare and we will do a taxes next. neil: you could live without yourself as the budget direct her? >> of the budget director, former member of congress, what am i interested in? get rid of obamacare. more than anybody else can we get done in the weeds over here in the with the existence of obamacare is doing to people. so much talk about how many people will and will not be covered. what we see every single day as people back home losing their coverage right now in the real
1:39 pm
world under obamacare. getting rid of that has to be the highest priority. neil: that is the focus on the affordable care act as you now, sir, the cbo says more people end up not having the health care if they stuck with obamacare and prompted you to criticize the way the cbo arrives at the data to which a former cbo or, as you know, criticize you for criticizing them. where does that stand? >> will come in the cbo has been wrong. they are challenged with a very, very difficult bird appeared they are supposed to anticipate what a $20 trillion national economy is to do, how they will measure a particular piece of legislation. extraordinarily difficult. does not undo the fact they are still using jonathan gruber's technology to look at health care bill. the technology designed to give health care to pass in the first place is used to critique the
1:40 pm
bill. neil: jonathan gruber created obamacare it talked about the mandate than the metric used to keep people on insurance. is it a given and do you tell your colleagues, republicans in particular, look, remove the mandate. this is what's going to happen and you ought to be able to explain why it happened because they are afraid of it. >> they are afraid of it because the cbo is often they touted -- touted by folks and they are served by nonpartisan but the methodology certainly have their weaknesses with the short answer on coverage, for example, the cbo assumes if you were on medicaid right now, when the federal mandate exist, you will choose to go off medicaid once the mandate is gone. think about that for a second common meal. with the methodology they are choosing sizes you would choose to be uncovered rather than taking for a government program. that is absurd and sort of
1:41 pm
exposes the weaknesses in the cbo system for what they are. neil: whatever the rationale behind the fear of these numbers, i am reminded of new cambridge recently seen the better part maybe i'm paraphrasing here, perceived the tax cuts will vote for this whole for obamacare repealed because time is wasting. >> we need it all. we introduce the concept in economics, her care -- make america great economics. the one thing the administration is pushing for every single day in the 3% economic growth is sustained. yes, we need tax reforms to do that, but we also need obamacare to go away and several left-leaning think tanks say the same thing. >> built-in to the 3% growth is getting the health care thing reform than the tax cut. you can't get there with one or
1:42 pm
just the other. >> a big part of it, hopefully we can come back another time and talk about the deregulatory efforts we've been through. i think is the second most important thing the administration has done the first six months. neil gorsuch is the highlight. in just the first six months of being here, that is what you're seen driving a lot of the optimism in the economy, a lot of the markets. folks know what they are doing in this administration on the front it's a big part of getting us to 3%. >> if we get back to the tax, i find a lot of democrats say they want to work with republicans. a number of republicans say all right, we'll throw an olive branch to you. the latest to do so was chris collins in the moderate republican in the state of new york. this is a conversation on our air on how to proceed in a bipartisan way with tax cuts.
1:43 pm
>> there is this potential of getting some democrats to come on board. it might not be as massive a cut as some of us would like. but if we can get those corporate rates down, the money is reinvested in jobs and the economy. america would actually applaud something called a bipartisan tax reform. they would actually think my god, congress is finally doing their job. neil: you know what i read into that, it might not be as massive a tax cut. in other words, bring democrats on board with what you need. you can't add the tax code. you agree with that? >> i think what you hear from your administration, talk to secretary mnuchin about this, regular conversations with the president. we want the most sweeping tax reform. i disagree with my colleague and
1:44 pm
say we get a better tax package another republican plan. if there's an argument for a bigger, bolder better tax reform plan, tax cut plan, that is certainly something we consider. neil: doesn't sound like it would be bigger or bolder. anything partisan with water it down. >> and trying to be gracious to my former colleague, but as soon as you invite 10, 12, 15 democrats to the table, you get watered down we can't have it. we have to get back to 3% growth. just fiddling around on the edges is going to get us there. i think we press on with the republican bill while all the time listening to democrats if they have ideas how to go better. >> do you think the rich should get a tax cut? >> i think we should do whatever it takes to get 3% growth. part of that means productivity going out. the two primary factors in economic growth, gdp growth plus productivity.
1:45 pm
we look at things like private investment, capital investment and anything we can do in the tax code at the corporate level, the pastor level and even middle-class levels, whatever encourages more investment in capital drives the product to the denounce that will drive our gdp growth. again, what is my economics all about? looking at everything through 3% growth in any tax reform proposals. >> that it's concentrated among the very wealthy. they would get you to pay for that buck. >> i need credit committee growth. i need everybody to be more to it. that is why welfare reform is getting read, as i said before of obamacare. neil: do you still want across-the-board tax cuts? >> i want as much as they can possibly get out of the house and senate. the proposal would put forward with the 15% corporate rate.
1:46 pm
neil: you mention the 15% by the way. others on the heel are starting 20%, 25%. orin hatch mentioned even 25%. is there a point at which a point which is say no, no, our limited space. i think it's a negotiation. the five starting at 15 and they start at 20, 17 points i've, 17.5 sound like a pretty good number. this was part of the negotiation. neil: let me ask you a little bit with your recent budget and the idea you had nancy pelosi has come down on you pretty hard. you know what it does with the republican budget. it requires more military money. it goes on to say this is supposed to be a budget that prevents the spread of violence. instead they have a budget that stirs the data. >> how do i react to mrs. pelosi with a never-ending list of things i could say. the bottom line is what you expect.
1:47 pm
a long time since the minority leader in the house is constructive to say about the process. while i respect your position i don't look to her for a day from a budget. neil: whether to have budget which he said was a nonstarter now democratic leaders talking their own plan to revive the economy, they said it shouldn't be done helping the rich. you say what. >> that is a speech he probably broke 57 years ago when she got to congress in his used it every single year that a republican administration is on the budget. every single year the republicans in the house have a budget. it is all talking points. it's not construct it. there's some really good ideas in there that the democrats could focus on as a place for us to get together. for example, the commitment we make an apprenticeship training and expanding school choice. why are we talking about things in the budget that democrats might be able to support instead of having them pull up the same speeches they use since i've
1:48 pm
been in washington for seven years now. neil: i put you down as it may be a nancy pelosi. finally, i would be remiss if i didn't mention the latest rumors going back and forth with the president during a rudy giuliani same as a possible attorney general. i only mention that in the criticism the way he handled the russia recusal. as a loyal confidant and other cabinet members feel that the president might not have your back. >> i couldn't disagree with that more fervently. i unveiled a fairly aggressive budget a couple weeks ago, a couple months ago you saw it. he saw the heat i took on the hill for her, even the members of my own party. they are back 100% of the time. i judge people by what they do, not what other people say about them. they have no reason to believe it would never be different. >> we don't freak out adobe with
1:49 pm
the office of management and budget. we work our paychecks. we paychecks. they were quitting over here and we don't get caught up in a lot of the things the media wants us to talk about. neil: director mulvaney come very good talking to you. the office of management and budget director mick mulvaney or the white house goodwill have more of it is. the is. the dow might not be in record territory, but the nasdaq sure is. nah. not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] mmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly,
1:50 pm
while the heated seat soothes your back, neck and shoulders. kohler is an expert in bathing, so you can count on a deep soaking experience. are you seeing this? the kohler walk-in bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. everything is installed in as little as a day by a kohler-certified installer. and it's made by kohler- america's leading plumbing brand. we need this bath. yes. yes you do. a kohler walk-in bath provides independence with peace of mind. call to save $500 off bath walls with your walk-in bath or visit kohlerwalkinbath.com for more info.
1:53 pm
to that the president had to address air, what he wants to do about it. later in the senate gop facing another hurdle in all of this stuff. added sugar with all the fast-moving details. >> jamar this and is expected to vote on the motion to proceed on the house health care reform bill. if it passes, any kind of amendment can be added on that can be a full repeal the senate has been talking about. so the president actually treated this morning, republicans have a last chance to do the right thing on repeal and replace after years of talking and campaigning on it. we actually spoke this morning on maria's show with ron desantis from a representative from florida unlike the senate is to get it back together. here is what he said. >> if you voted for something 18 months ago in the same bill is brought forward a new campaign
1:54 pm
on it and you promised you'd repeal in her place obamacare, then vote yes so we can do this thing. >> neo, the president in the 3:00 hour will be meeting with what is being referred to as the guns of obamacare. watch countdown to develop liz claman. neil: is he concerned? everyone saying you have to do this, obviously he's continuing to work on health care rework. those like newt gingrich to say the tax cuts we just heard from the president and his own budget are, we are going to still get this done. >> the irony is that critics of the president say he doesn't have a message in yankees take insisting on the message on health care. do something, do something and later this evening he will be in west virginia with who else but senator o. talk about putting pressure on someone to switch their vote. this is the kind of thing presidents do.
1:55 pm
president trump has been on message. do something on health care. neil: thank you very much. referring to the fact in west virginia he will be at addressing 40,000 strong. on my honor. sorry, had to do that. a little more after this. the nasdaq in record territory and comfortably so. more spot on impressions right after this. introducing new parodontax. the toothpaste that helps prevent bleeding gums. if you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse. help stop the journey of gum disease. try new parodontax toothpaste. ♪
1:59 pm
pass out of the senate, will pass out of the senate. >> when do you think it will be? >> i think some time before september. as a former elected official, i really wouldn't want to go home without having followed through on my biggest promise. >> taxes as well. the budget director also saying that it would be across the board tax relief, substantial tax relief. so differing what some of his moderate house colleagues are saying in order to work with democrats, they might see some of the big tax cuts that the inference there are some of those well to do. so it seems like the administration is sticking to its guns on getting all of this done and still getting some legislative victories accomplished before the end of the year. all of this focus on
2:00 pm
everything russia not withstanding. they are going full bore at this, no matter what the other side wants to do. to torpedo this. the dow down 47.5 points, take it there, trish. trish: thanks, neil. here we are just an hour away from president trump's major statement on health care. the president is expected to warn republican senators to repeal and replace obamacare or face the consequences. all of this as presiden president trump's adviser jared kushner tells reporters he never colluded with russians. or anybody else on the campaign. i'm trish regan, welcome, everyone, to the intelligence report as we await the president. i want to point out that jared kushner's comments coming after he voluntarily -- or rather i should say his comments are coming voluntarily after that meeting behind closed doors with the senate intelligence meeting today. kushner said the reason his father-in-law won the election because he had a better message, not b h
47 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on