less than what should be the case. stuart: yes. neil: but i demand more. stuart: i have 10 seconds left, okay? something is better than nothing obamacare. it is yours. neil: i hear where you're coming from, my friend. i would love to be wrong. i don't think i am but i'm reading all the news you're break left or right with these guests. of the brady telegraphed to you, the tax cuts on upper end, to those folks that didn't expect it, that was well-telegraphed. but now this idea, he kind of danced around, paying for them. there is the 10-year budget window. they can't worsen the budget next 10 years to do this. he is a obviously a slave to that. he has to adhere to those principles. by definition it's a meager tax cut. it beats none at all, you're quite right. if this is the best we do, move

from reform to maybe substantial tax cut in the end that won't be substantial, i don't know. i don't know. stuart: something is better than nothing. remember obamacare repeal and replace. we've still got obamacare. neil: god bless your optimism. i don't know what you're drinking there but i mean have at it. stuart: don't start with me on that. neil: all right. you know, i'm looking at bakery products. as long as they keep taxes low on them i'm fine. thank you very much, my friend. we are following that, political storms are brewing here over this tax cut but we're really following what so going on with irma as well. just to bring you up-to-date, still a category 5 storm. wind in excess of 185 miles per hour. there is entire visitor evacuation for florida keys. they're barry over sea level. three feet of sea level the surge from this start is expected to be north of seven feet. you can do the math. better part of valor to get the

heck out of there. the president declared a state of emergency not only florida, but puerto rico and u.s. virgin islands. air service we're told will be suspended by tomorrow. this sideswiped antigua. it landed in bermuda of at 2:00 a.m. that is a island of 2000 people. it went on to st. marten did a lot of damage there. we can't quantify it. we still can't see it. access to these areas is dicey at best. this affected the pope. the pope was enroute to colombia. he was going to be addressing leaders there and a large catholic population in colombia and he had to be rerouted because of this storm. there is a lot going on. as it churns toward puerto rico. we had the country's governor on yesterday afternoon. they are only so much they can do. they're not built for this.

we have joe bastardi on the phone, chief meteorologist. joe, what are we looking for areas like florida, if it get there is. >> it will get near florida. puerto rico will not take a head on hit. got a lot of friends in puerto rico, freestyle wrestling team trains at penn state. i see them all the time. we started warning them, same time we warned you last week. it is a direct hit to the virgin islands. this is not as bad as hugo. going 60 miles north of puerto rico. hugo went over the eastern side of the island. this continues to turks and caicos, then to the bahamas. then there is a west bend in the path, or bend to the left. when they bend to the left they intensify again. this will get in a position, probably by saturday afternoon, saturday night, where it is

almost due south of miami and it could be more intense than what it is now. i personally believe it will be because when ever you see these patterns -- neil: more than 185 mile-an-hour wind? >> put this way, barometric pressure lower than that. in extreme case, neil, the extreme case, this could be the worst storm ever to impact the united states, the lowest pressure. now the current record is the 1935 labor day hurricane in the florida keys. you brought that up, that storm had winds of 210 miles an hour, and had barometric pressure, 892 millibars you can't even comprehend that, so low that far north. this storm on the extreme case can go to that. our path takes it along the florida east coast. in fact the national hurricane centers new path looks like the weather bell path from this morning, up the east coast of

florida, into the carolinas. that is very harsh path. it has water next to it, decrease in intensity, comes into south florida as still powerful hurricane, goes into the carolinas as hurricane. would affect entire coast of florida up to north carolina with hurricane conditions. neil: a lot floridians hoping they don't see a direct hit. >> right. neil: there are a couple of different trajectories it go but is it of size, even though no direct hit the wind and damage from this could be pronounced. >> i think so. if it gets 50 miles east of miami it, could be what matthew did. if it comes inland this is is much stronger storm than matthew. i have been a big advocate, no one pays attention to me, about seeding powerful hurricanes. you would like to disrupt the

eyewall getting close to land. if you can knock this down a category or two, we used to have project storm theory, in 1969, seeded hurricane debbie. what they did the eyewall starts collapsing, if you can do that with the big powerful hurricanes that might be considered, when you're looking at our coastline, how many people there are, if you look at past tracks folk, in florida in the 1940s, are you kidding me? we're lucky with what has been going on. now we're seeing evidence of what has happened before returning again with this very powerful storm. neil: all right. joe bastardi, thank you very much. category 5, most powerful in the atlantic certainly in history. we're keeping eye on it as is joseph. thank you, sir. miami-dade looking evacuations of certain residents. miami beach mayor phil levine joins us on the show. thank you for taking the time.

what are you recommending your residents do? >> neil, we're recommending this. i personally said all our residents should leave miami beach. visitors should leave. we're expecting mandatory evacuation coming shortly, maybe this afternoon, possibly tomorrow morning. i have gone on record, made it clear, get out now. if you have don't have a plan, make a plan. if you have friend and family, go see them. get off the barrier island. this is very serious, very strong storm as your meet rollist just reported earlier. we're not taking chances. we've done a lot of precautionary measures. we brought in portable pumps and general traitors. stopped construction projects contacted elderly and vulnerable populations. did everything we can do to protect residents and visitors. as you just heard this storm is ominous. neil: obviously the strongest floor -- floridians in 1992, mayor. a lot of floridians trying to

leave in traffic jams, evacuation orders are called out late or a lot of floridians refused to leave an got stuck in jams. what do you advise? if in doubt head out? >> absolutely. i took it upon myself yesterday, way before any evacuation order has been issued is to recommend to visitors and residents please exit the beach. stay with friend and family. get off the barrier island. we're not waiting for evacuation order. it is important to tell our people you don't want to be here, god forbid, hurricane of this magnitude is awful thing. we don't want any heroes. people need to act responsibly. please get off the island. services, police, fire, will be reduced as the storm hits here. we'll not put first-responders lives in danger when the storm cops. so, they need to get off.

that is the most important thing. like you said, this, miami beach, we have only three, four, on and off causeways to our beach. so we don't want them to be caught in traffic. this is a big storm. neil: good and wise advice, mayor, thank you very, very much. we want to let you know as the mayor is speaking, the house is votes on 8 billion-dollar initial aid for hurricane harvey. that is expected to easily pass the house. it is in the senate that it could be a problematic affair. will they staff it to debt ceiling measure? to go ahead to increase the debt limit with this as a rider to that, anyone's guess. president trump has been recommending that strategy, the two should be tied. no one seems to think we're looking at a government shutdown with all this going on. the president is separately meeting with top democratic and republican leaders at the white house to talk about the

tax cuts as well, which he thinks are timed perfectly what is going on right now. the country as a whole would need relief. the question ahead of president's big speech in north dakota, he will have a democratic north dakota senator in tow, whether that will be enough to close the deal. adam shapiro at the white house more on that. reporter: the meeting with the big four has finished with the president. mitch mcconnell, leader of senate, paul ryan, speaker of the house, and nancy pelosi and chuck schumer, the two top democrats. this is important because the debt ceiling wants it tied to the harvey relief bill. that happened in the senate. the democrats will go along for that a three-month debt ceiling extension. we want to talk about the d.r.e.a.m. act, to help kids and daca people. this is putting all kind of things into play. the president said perhaps calmer heads will prevail.

this is what he told us a few minutes ago. >> we have many, many things that are on the plate. hopefully we can solve them in a rational way. maybe we won't be able to. we'll know pretty much after the meeting or meetings we'll have over a short period of time but our country has a lot of great assets and we have some liabilities that we have to work out. reporter: paul ryan said democrats are playing politics with the debt ceiling and with the harvey relief bill. called it ridiculous. also orrin hatch, just within the last two minutes issued a statement which he said, i'm going to read you the quote -- this is orin hatch. i think that's just total bs. it just shows that democrats are not serious legislators. back to you, neil. neil: all right, adam, thank you very, very much. again the president will leaving washington very soon. he will head up to deliver oil oil at a refinery and home turf of democratic senator heidi

heitkamp, democrat from north dakota. in fact she is traveling on air force one with the president. the president said bipartisan support on taxes is ideal. he thinks since ronald reagan had that in the 1980s, for success to be imitated he needs to see the same this go-round. no indications whether senator heitkamp will go along with these tax cuts but she said north dakotans are open to that. they deserve and they need that. she is no doubt reading the political tea leaves. she is up for re-election and facing uphill battle with little more than 30% approval. the president got 63% in north dakota. one of his biggest victories. how this plays out and how compelling cheerleader he can be ala ronald regan for his own tax cuts this go-round. more on that with karl rove, after this.

neil: all right the dow reversing yesterday's losses. a lot has to do with tension in building and retail stocks that benefit -- i know this seems crass but happens with storms, but because of hurricanes.

lowe's and home depot you see the gains, up appreciably but wall mortgage a retailer. lowe's and home depot tend to benefit most dramatically for hurricane relief. people storm the stores to try to catch up, batten down the hatches, so to speak. that is what is happening right now. meanwhile the house of representatives voting on the harvey aid. the senate expecting to that tie that. following all of this in washington. what is the latest there? >> neil, as you said the house is votes on the $7.85 billion harvey relief bill package that is expected to passover well mingly. it will go to the senate. the senate is expected to approve the plan in coming days, likely attachment of increase in the debt ceiling to the plan. the senate would send the entire

reworked package back to the house for a final vote. earlier this morning, house leader nancy pelosi and senate leader chuck schumer issued a quote statement. democrats are prepared to offer votes for harvey aid package and short-term debt limit increase of three months. given republican difficulty finding votes for their plan, we believe this proposal offer as bipartisan path forward to insure prompt delivery of harvey aid, avoiding default while both sides work together to address government funding, "dreamers" and health care. speaker paul ryan quickly shot the idea down, calling it ridiculous. this is what he said. >> we have all the devastation in texas. we've got another unprecedented hurricane hitting, about to hit florida and they want to play politics with the debt ceiling? that will strand the aid that we need to bring to these victims of the storms have occurred, about to occur. they want to threaten default on our debt?

that is ridiculous and disgraceful they want to play politics with the debt ceiling at this moment. reporter: but that is not all. here what else needs to get done immediately. they need to lift the debt ceiling by september 29th, to avoid a government shutdown, reauthorize the faa, the children's health insurance program known as chip, and flood insurance program. and offer some legislative fix to stablize health care markets by end of the month. both the house and senate are in session at same time for 12 days. that will make for very long days ahead as they are facing a lot of pressure to get things done. neil? neil: not a lot of time to get them done. tracy thank you very, very, very much. president trump set to leave for north dakota. it will be his second pitch to make the case for tax cuts in as many weeks. this time the state which he won big, 63% of the vote in north dakota. taking with him the democratic senator from that state, heidi

heitkamp, who will be traveling with him. also indicated being open to some ideas that the president is crafting here. remember, she was among those three prominent democratic senators who did not sign on to that letter signed by 45 democratic senator, protesting tax cuts that would be, make the deficit worse or benefit the rich. bush 43 chief of staff, karl rove, on what he makes of these crosscurrents. what do you think? >> he went to missouri talked about tax reform, home state of another vulnerable democrat up next year, claire mccaskill. now he is going to north dakota. you have to be careful about this. we did this in 2005 on social security reform. we went to north dakota, kent conrad, member of senate finance committee, in a state went heavily for bush in 2004. i remember flying out with to north dakota.

he actually had a spreadsheet showing looming props social security had would go belly-up that didn't cause him after we made the speech, after the president made the speech to come across the cause of social security reform. you have to lower expectations this is necessary and good. i hope the president keeps it up, i hope he puts emphasis less on states he goes and more on the back drops that dramatize how tax reform will create jobs and strengthen the economy and broaden prosperity. the backdrop is almost as important, in some instances more important than what state you're in. neil: wondering about the news factor after all of this. harvey last week. now irma this week. florida governor rick scott is addressing reporters right now. he already is recommending an evacuation for those in miami-dade county. others could follow. the president is generally getting high marks for how he is handled this in coordination with state and local officials. does this provide support to him as well, when he makes a pitch

for tax relief and uses it to say, everyone needs an economic pickup from this? >> well, a little bit more difficult to make the connection with the victims of a storm but, the point is, does need to keep at this, even when the backdrop is drawing another topic on to the, on to the public imagination? yeah, he should. you can't, you can't control the agenda. events intrude. irma will be a big story increasingly during the balance of the week. it is good he will be out there on wednesday. by friday or saturday we'll be all irma, all the time. that is what a president has to deal with each and every day. if he wants to drive the message through. need to stay at it consistently, fine new and different ways to find the message. particularly from substantive perspective. the backdrop matters a lot. helps people understand why it is important to them and helps their community and the

prosperity of their neighborhood. neil: karl, what do you think he could win some democratic support because it might not be the sweeping tax reform we thought it would be? we don't know the details yet but the rich might not get as much as earlier envisioned, but they could end up paying more, if allowances are taken away, that might improve passage from key democrats, maybe the north dakota senator included? maybe that is kind of his bargaining chip? >> yeah, i think that's one argument. i think there is a companion argument, which is, my sense, more of this measure is aimed at reducing corporate tax rates and ending the double taxation of american profits from abroad. making us a territorial tax system like all our major international competitors. so i think gives him a chance to get some pro-business democrats because as you say it is more about how do we affect the competitiveness of america's commerce. not just how do we lower tax

rates, particularly since, look, we have a system in which, let's be honest, 50% of the taxpayers, 50% of people who file, pay 1% of the tax. 50% of the tax burden is paid, 99% of the tax burden is paid by the other half. most of it by the top 1%, 10%, 15%, 25%. so if you're going to engage in lowering tax rates, giving people a personal tax cut, half the people who pay, who file income tax return pay no income tax. so you're going to be affecting the top half of american earners, that sin creasing i -- that is increasingly difficult for politicians in washington do so considering how polarized we are. if you want to encourage economic growth reforming personal tax, you would cut the

top tax rates but if you can't get that done, by god, you need to cut the corporate tax rates. neil: as we were speaking the house approved harvey aid, the senate they might attach this and likely will, increase after debt ceiling? what do you think of that? reduces possibility of a government shutdown and number of conservatives screaming about that but where do you see this going? >> it doesn't stop a government shut down. that would be the funding bill, but what it does do stops us being in a place where we're playing games with the good faith credit of the united states government. i frankly, i don't understand why we even have a debt ceiling increase. we increased our debt in the united states when we pass an appropriations bill. neil: right. >> that was done months and months and months ago. we have a needless political fight. if there is republican president, then democrats will vote against raising the debt ceiling. if we have a democratic president, then republicans will

vote against it. neil: they avoid a fight on increasing the debt ceiling. they separately have to come up with a budget. >> yeah. neil: do you think they get all of this done to clear the way for getting tax cuts passed this year? >> well, actually, written by "wall street journal" column about this tomorrow because i do think the republicans have to deliver on the tax cuts. but you take a look, your reporter earlier talked about it. think about it. before end of this month, we have to reauthorize flood inions. children's health insurance program and faa we have to increase the debt ceiling by not by september 29th. that is when the treasury secretary wants to do it but we have to do it by mid-october. we have to fund the government by the end of the month because we have yet to pass a budget for next year. we don't have a budget resolution. we need to have a budget resolution passed by the house and senate. no democrat will vote for it. that is only way we get tax cuts by 51 votes in the senate if it is done under reconciliation provided by having a budget resolution in place. then we have to fund harvey.

we're, excuse me, harvey disaster relief because fema is running out of money tomorrow. that is a lot to get done in very short period of time. plus daca, plus tax reform, plus health care reform all which will take october, november, december, to get done. neil: 11 days for the house and senate this month will be together. times a wasting this month. karl rove, thank you very much. this measures passes the house. goes to the senate. they're hoping to get cobbled together, some conservatives upset, liberals upset, which could make a deal attaching to the debt ceiling so it easily passes. they have to find a way to fund the government. this is the first tranche of harvey aid. they're not addressing the extra $200 billion that texas governor abbott revised to think is the total cost of that storm, by far

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neil: all right. want to let you know south carolina governor henry mcmaster declaring a state of emergency for possible hurricane irma strike. florida already initiated such a state of emergency for all 67 counties. in fact in florida, there is mandatory visitor evacuation going on for the entire florida keys. pretty soon all residents at 7:00 p.m. tonight urged to do the same. the keys essentially at sea level, about two or three feet above sea level. we're getting swelling tides expected to be north of seven feet. obviously not a safe environment for anyone. visitor or otherwise. and that, as a lot of calls on the part of mayors in some of the southern-most counties of the state, have been urging in

miami-dade, broward, palm beach counties, six million people in that neck of the woods, to consider, to consider leaving. all of this after harvey. and reports it now that $180 billion expected damage could be more like $225 billion. governor greg abbott says that the ses about guest hearing from state officials on the total cost and resid y'all fallout from the storm there. they just voted on $8 billion worth of initial aid in the first tranche. given that, there will be a lot more tranches. clears the house. goes to the senate. where they likely attach a debt ceiling increase to smooth away for approval. depending who you talk to some like that, others don't like that. idea to get aid to folks that need the aid fast. that might be fastest way to do

that. we have democratic texas -- >> thank you. neil: this is only way to get a clean vote, is that your thought? >> do this in clean vote. certainly support this i supported the vote on that. but if they tie in a debt ceiling and that is the vehicle we have to look at, i will be happy to support it. sometimes when the president is republican, democrats vote, sometimes vote know, when the president is a democrat, republicans vote no. i think we should stop those games and look at what the facts are, and just vote on the facts. if we need to raise the debt ceiling, then we need to do that. neil: that does appear to be the case, to your point. there has been unusual amount of comradery, still fighting. not that washington has not totally lost its past dna. i'm wondering whether you think

this could pave the way for more cooperation on issues like tax cuts? president meeting with democratic leaders, chuck schumer, nancy pelosi, which seems to indicate he could be marshaling democratic support? are you open to the tax package, at least what we know of it. >> yes. i'm a co-chair of blue dogs. at beginning of the year we brought in the white house legislative director and we told him, hey, look if we can find common ground we want to work with the president. at that time, he basically said, except for health care we can work with you on tax reform, we can work with you on transportation and other issues. quite honestly, it should be all issues we ought to be working on together especially on tax reform. neil: you are likely a yes vote on this tax package they're cooking up? >> you know, certainly i want to look at the final package as an attorney but i am definitely open to it.

i've been in communications with my friend from the state legislature, kevin brady. kevin brady is a very fair individual. i am open to tax reform. neil: of course he, another texas congressman like yourself. he runs house ways and means committee. we were getting indications, congressman, from him. at least i was listening to his chat with my friend stuart varney, maybe might make this more appealing to democrats like yourself, is that the rich might not get a generous tax cut, if one at all. even if they got one it would be offset by limiting deductions as such, clearing the way for a big middle class tax cut, a corporate tax cut that would get more democratic votes. do you think that is the case? >> if we have something that is balanced, certainly i'm open to that. i want to see the middle class get a tax cut. and certainly i want to lower the corporate tax rate so our corporations can compete against other corporations across the world but when we talk about corporations, i want to make

sure it is not only wall street, but i want to make sure subchapter s-corporations, limited liability companies, small companies so we certainly can help those small, creators of jobs. neil: do you know, the $225 billion harvey cost figure that governor abbott alluded to, do you know where and how he got the figure that he did? >> well you know, certainly thee state of texas has a lot of folks on the ground that help put those numbers. we will have a conversation, soon as you know the texas delegation, i'm the head of the texas delegation. i talked to joe barton, head of the republican dellgation. democrats, republicans were sitting down together as texans, not as these are ours. we want to hear from governor abbott to see what the numbers are. they are huge numbers. keep in mind, if we don't pay for it, they go into the credit card.

i don't want to get into that debate. neil: congressman, good to see you. my best to your constituents. thank you very much. president on marine one, en route to air force one and the trip to north dakota here, talking about this tax initiative he wants to spell out in north dakota. let's listen in. >> -- what is happening in north korea, i believe the -- agrees with me 100%. want to see what is happening. [inaudible] we had a very, very frank, and very strong phone call. >> [inaudible] >> we'll see what happens. we'll see what happens. frankly -- we will see what happens. thank you very much. thank you. >> [inaudible] neil: all right, the president enroute to marine one. sounded like he was talking about north korea even though he

is en route to north dakota. that is another situation bubbling up. north koreans we're told in honor of a state holiday on saturday, might be timing another, another missile launch much. this one too could have nuclear capabilities. they launched what was equivalent of a hydrogen bomb, underground test, even chinese were very much concerned about. in fact the chinese in their state-run press, they are concerned about exposure to radiation. it is possible that the chinese can't even control kim jong-un, who can? the president is saying the chinese most certainly can and we will come down hard on china, and any country that does trading or business with north korea. if that means it gets nasty tradewise, so be it. the president en route to north dakota a state he won handily last year, and a state open to his ideas. in fact in a recent poll there, 70% of north dakotans very much

open to a tax cut, a big one at that. we don't know the details. we know enough that the president is leading the charge to make it happen and soon, this year, as busy as it is. more after this. ♪

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neil: want you to look at the latest aaa glance at average gasoline prices. a week ago, just as harvey was hitting $2.40 a fallon. now, 2.of a gallon. futures activity -- 2.66. they were coming off their highs. if my next guest is right, what harvey started, irma could continue for a while. to schork report editor stephen schork, on what is going on. stephen, you think irma will play a role in keeping gas prices pretty high, right or higher? >> at this point, at this point, as with everything the hurricane changed its path, neil.

as of last night it still looked like it was a good chance it would cross over the keys into the gulf, which if that had occur, still can occur, but according to that forecast, entering the gulf with its sights on the epicenter of refining capacity, that certainly could have kept gasoline prices higher. the latest tracks as hurricane as we know, tailing into florida and potentially going up the east coast of florida, atlantic coast of the united states, far, far away from the gulf coast refinery epicenter. so at this point now, what i am about to say is no consolation to the people in florida and the caribbean that experienced irma, but from a oil and gas point, this is good news as far as prices are concerned. the further we get away from the epicenter, the epicenter right now is her starting to rebuild. it was just a week ago harvey made landful. we're starting to see activity

pick up. americans we're starting to see now a correction, after a spike, starting to see a correction in gasoline prices. neil: as long as this thing clears, whatever severe damage it could do to the coast, if it gets close to the southeastern coast or even up the eastern seaboard, as long as it stays well enough away from the gulf refineries, the impact ceases to be what it was, for example for harvey, right? >> yeah, absolutely. what we're going to see now, we'll see, you had pictures of it before, of people cueing up at gasoline stations in florida. neil: right. >> if that storm does, we'll get a lot of short-term demand spike the next two weeks. moving a lot of demand forward at this point, but to the point as long as we don't see any sort of disruption to the pipeline activity, refinery capacity activity and rebuild, let's keep in mind, we're past labor day, past the peak holiday season. so at this point demand will start to fall, supply will start

to work its way back into the market. hence i expect to see prices continue to pull back as we head into the towards the bottom of the market which we typically see before the holidays, that is to say, late october, early november. neil: what about wild card developments, i'm throwing out possibilities, black swan developments, north korea getting more agitated with us, and we with them, you wouldn't normally think that would have quick impact on gas futures or prices but the scare effect could cause a knee-jerk pop. do you see that happening? >> there is tertiary impact on that happening, neil, that any sort of scare coming out of a geopolitical event, coming out of north korea, of course a country does not have a lot of oil, not a big player in the oil market, but it will impact the price of gold, it will impact the price of the dollar and there sin verse relationship with the value of the dollar and value of oil or any consumption

commodities given the u.s. dollar is generally the world's invoicing currency. if you see flight impact on dollar, depending which way the dollar goes, you expect oil prices to move into the opposite direction. indeed not a direct one-to-one correlation but there is a very strong long-term historical relationship between the dollar of course and commodity prices. so as goes the dollar relative to north korea so shall go oil prices, albeit in the opposite direction. neil: stephen schork, thank you for that reminder. we're trying to step back, guys, to stefen's point, get look at the entire big picture. first and foremost you're focused on people's safety. secondly being a business network we're looking how this plays out and predictably going to i script here. first storm on the way. refineries hit or feared they could be hit, shut down. there is the commensurate run-up. this avoiding the area.

a bit of a run down. of course you see run-up in related stocks of those companies that do boffo business when people are scrambling, a la home depot or walmart or lowe's to catch up on stuff, just as property casualty insurers trend down on the belief they will have a lot of bills to pay. a lot more after this. ♪

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neil: all right. president trump departing for north dakota his second push for tax reform, tax cuts, whatever you want to call it, in as many weeks. was in missouri as time. this time north dakota. he wants to see action on that fast, even recruiting democratic senator heidi heitkamp to help do some of that lifting. now there is no guarranty that the north dakota democrat will go along with the tax cuts he is considering. the very fact she is on air force one, has sim by -- sim by relationship with the president and they -- air force one again, en route to north dakota. with us immigration expert elvira salazar. i want to catch up with on the whole daca thing, deferred action for childhood arrivals,

more to the point president giving congress six months to hop to on it. what do you think of that. >> thank you for having me. good to see you, neil. the president is torn on two levels, the political and personal. every time the president talks about the daca kids, you does it with a soft tone. he said he would take care of them when campaigning. he is facing reality. he is facing political reality. his base telling him he has to comply and fulfill campaign promises. those promises, those hard-liners, basically what they feel immigration is a bad word and that the daca, the daca kids, the "dreamers" or illegals are a bunch of bad hombres. and nothing could be further from the truth. neil: i don't think even buys that, if you think that is how the base feels. the fact of the matter i can't see a situation where 800,000 people are going to be deported. he has to respond to the way president obama dealt with this, because of messy way that president obama dealt with it. with an executive memoranda, not

exactly a way to clarify this. so he is more or less saying, congress, you do something, right? >> yeah, but when you say obama, president obama, just like president trump now had in 2008 the possibility of passing an immigration reform law just like he promised. because you know that a bunch of hispanics voted for obama. so he had the perfect opportunity. he did not do that. he gave away that political capital. neil: he didn't do it. >> i believe he threw a bone at end of presidency called daca signing executive order. i'm not criticizing or favoring anybody. neil: this president has to do something. where do you see it going? in six months, i don't see any people being kicked out of the country, do you? >> well, 40% of the people been deported right now, 100,000 people between january and now, 30% of them hadn't had a criminal record or brush with the law. same thing happened with president obama.

so what i'm saying is, you asked me, what i'm saying, now the republican party has the golden opportunity, the republican party, house, and senate, to step up to the plate and say, here, mr. president, here's the law that you can sign. neil: all right. >> giving these kids some type of legality. i don't want to hear the word amnesty or citizenship. legality, not only for them -- neil: we'll have to see. we have so much breaking news. i apologize for that. i do want to bring to viewer's attention, the president would support three-month extension of debt limit, along with three-month temporary spending bill, including disaster aid, all that sort of thing. that could be very tricky. three months is not an eternity. it could lead to host of problems. but better than nothing. more after this. y and exit poins and can help protect your potential profits. fidelity -- where smarter investors will always be.

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. neil: all right, we are finding out little bit more about this agreement among house and senate democratic leaders and the president that they've agreed to pass harvey aid, this is the $8 million package and increase of the debt limit that will keep the government funded through december 15th. it's really amounting to a three-month extension, and no guarantee that they can do all the other stuff they want to do, but this is the closest they can get to a deal on which all parties agree. a three-month extension to keep the government lights on to avoid going through all that stuff, if for example, they didn't raise. that but this seems to be the means by which they're not only

providing the initial tranche of harvey relief and get a lease on life. that's the way we cobble the deals together. it's not pretty. you see how the sausage is made, and it can be sloppy. sloppy is the name for a hurricane that is named. state of emergency in florida and south carolina, andrew master declaring a state of emergency in his state as well. live in the area, get out. miami-dade mayor is looking at four shelters in his county to harness support for those who need it. the miami-dade county commissioner esteban bobo with

us now. are some of them leery of going? do they have to be pushed to go? what are you hearing? >> you get all kinds, obviously. what we encourage is for people to heed the warnings. we've become quite sophisticated tracking different storms. we've been exposed to different storms and there are many residents that remember andrew, and the devastation that andrew brought us to, so in many cases, we're finding folks to be very cooperative, understanding and county government, we've taken the storm very, very seriously, we've dispensed a lot of the protocols that we don't do where we gradually ramped up and ramped up quickly here. neil: do you think your state county is ready for what could be mass evacuations? i remember andrew in 1992, a lot of the evacuations began as voluntary were and ordered. but the problem is everyone seemed to take to the roads at

the same time. how do you avoid that, or can you? >> it's almost impossible to avoid, and it is problematic, and when monroe county which is to the south of us, that has impact in miami-dade county and the ripple effect up the state depending on the track of the storm. we encourage folks to plan early, there are people contemplating flying out of miami-dade and broward county, the level of pricing on a lot of flights has become unattainable. look, we try to get people to cooperate early, prepare early and one of the things we ask them to do is to make sure they have 72 hours worth of provisions in the aftermath of the storm. the calvary can't show up and start helping folks that did not prepare. neil: you are right about that. commissioner, i've heard two of these sporadic reports, i wouldn't call it price gouging

but finding a cheap ticket is tough, airline tickets. and we're told all commercial air service will likely be suspended tomorrow night. people are locked in place by then, right? >> yeah, my understanding is that the faa rule is as soon as we start getting sustained winds at 35 miles an hour, the airport will shut down. neil: gotcha. >> we expect that to happen sometime on friday. and, yes, hearing about, i wouldn't call it price gouging. it's literally in demand. the price from miami to new york around $2,000, that becomes a joke, and obviously we have a lot of agencies down here, that will be here, our state attorney general's office will be here with price gouging, propane gas, water, those are the things we try to watch out the most for. neil: it's hard work and not getting much rest, commissioner we appreciate you taking the time. be well, be safe. >> thank you, god bless. neil: to the commissioner's

point, anything that has to do with a rescue efforts or battening down the hatches or leaving the hatches, airline stocks taking a big old hit today. home improvement stock, this always happens, home depot, lowe's, walmart, ever since harvey hit going up, up, up, my friend gary follows the markets closely, what i like about, gary, today, floridians and orlando the same nervous panic buying, this is usually the case, now with a category 5 storm, all the more so, gary? >> neil, i was in south florida last night driving back to orlando. we have the service plazas, there were 300, 400 cars lined up to get gas. anywhere you go, there is not a lot of water, hopefully it gets replenished and spoke to buddies north of boca raton, there is no gas down there

right now. hopefully people got things done, the turnpike is a parking lot for people trying to go north right now. it's about patience and hopefully this thing turns a little more east and doesn't take a direct hit. neil: the only options, the turnpike, parallel to route 95 and that is it, right? >> that is it. no other way to go. i can tell you the airlines, there are not a lot of flights, and i saw one flight, i was reading a couple minutes ago, that was 350 bucks a few days ago, it is 3500 from miami to new york. there is a little bit of that going on and hopefully somebody is looking at that. >> the fact it's been labeled a category 5 storm as i was talking to a meteorologist. it doesn't have to hit to be a big hit, in other words, to really be felt, and are floridians prepared for that, or been so long since anything approaching this act, go back to andrew in 92, indirectly,

katrina, and some of the others around 2005, but nothing of this magnitude. in a quarter of a century, have they forgotten how to deal with something like this? >> not only strong but gargantuan in size so everybody's got to feel it. i will say this, the governor rick scott has done a fabulous job, he got in front of this days in advance, no tolls on the roads to get out of here, that was a good start, and he's been all over the tv, so has been marco rubio, bill nelson. the job is getting done. you can tell people are dead serious about this. people are preparing on the weekends way in advance of this. i think we'll come out okay, it is going to be quite random. winds are random. the rain is random, and tornadoes are rand on. so you got to take it dead serious, we are, as a family and so is everybody else around us. neil: i want to get back to business matters if you don't mind, and this agreement they

cobbled together to keep the government funded for the next few months, but it's a way to get that aid to harvey folks, and others who presumably need it. it's not ideal but it's better than nothing. what do you make of that? >> well, look -- >> it's not done, by the way, the senate has to go along. go ahead. we said over the weekend, fox news, we should have a stand-alone bill, it is not. it is raising of the debt ceiling which you know i hate so much that it's the norm that it's okay to raise the debt, but we'll take it. you are dealing with lives and lives turned upside down in texas, so yeah, get it done any, which way, and remember, we're still living life. these people are still in shelters, get them everything they need to go forward. i am all for that. unfortunately, they're tying things to it, so it be at this point in time. >> you are probably right about that. stocks are gaining on this and the idea that they're coming to agreement on things sometimes

clumsy as they are. and this might be paving the way to progress on tax reform. there's a lot we still don't know, gary, as you know about the tax reform package, but that it might have more support than initially indicated. it's not going to be what was originally envisioned, but as my buddy stuart varney says something beats nothing, do you agree? >> the only thing i see that has me a little okay about it, we're actually seeing democrats and republicans together on tv, i'm not so sure that's a good thing but if we can get cooperation and a couple of votes here or there, something could get done. look, i don't think a big tax reform is coming. i think they're going to do a few things, corporate tax is going to come down. this thing talking about for years, that's -- we're way past that and at this point in time, they'll take something and move onto 2018. neil: i read cynically, and i don't mean to be a debbie downer here, but when i saw the fact nancy pelosi and chuck

schumer are hoping to things and saw the north dakota senator flying with the president to north dakota, in order to win them over, obviously, something had to be pared back in the packages maybe for passage alone and could be a sacrificing cuts for the upper income, or maybe the size of that corporate tax cut, but again, this notion that it beats no progress at all on this, do you ultimately buy that? >> yeah, i'm going to all but guarantee at this point that the upper income is not getting any tax cuts that the point. or they're not going to get anything from the democratic side. neil: but investors would like it if they get a substantial corporate tax cut, right? that's what they've been deciding on, right? >> that's important and the repatriation of all the billions that are around the globe that can come back here, as long as it's tied to something being done with it. so yeah, i think it helps. a corporate tax cut just to get us in line with a lot of the other country, not necessarily go to ireland which i think is

12 1/2. if we can get down to 20. that is a good start. not only fundamentally but psychologically, a big part of the market psychologically businesses feeling better about the future. now they better start coming through with some of the things they've been promising. if they don't, they're a hair cut to come on the market. right now the market's teflon. you got north korea, you got the republican leadership which i say that very quietly, you have the hurricanes and the market is still hanging in there. so keep fingers crossed that continues. neil: real quickly, you know orlando well, what is disney world, universal, sea world, what are they doing to prepare for the storm? >> well, they're on watch, and i actually was reading something a few minutes ago, i believe disney actually shut. last year we have hurricane matthew. i'm not sure about universal. i promise if we end up with a 3 category and winds in the hundreds, you will see them more than likely shut down which does not happen very

often for the theme parks. neil: yeah, they are resilient in the face of all of that stuff. as are you gary kaltbaum, be safe, be well my friend. this is a statewide state of emergency in florida, now south carolina added to the list. more after this. you always pay

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. >> i'm hillary vaughn in mandon north dakota, awaiting president trump's arrival where he will talk tax reform. the last president to overhaul the tax code was president ronald reagan. he did that with democrats jumping on board. today president trump is bringing democratic senator heidi heitkamp on board air force one and headed here to her home state of north dakota. this is the president's second stop on a tax reform tour, and the white house says president trump will call out democrats in his planned remarks today, sending a clear message, do your job or find a new one. white house counsel kellyanne conway told fox news earlier this morning, the president has done his part from the oval office and now it's time for congress to step up and deliver on tax reform. heitkamp's office says the trip isn't an endorsement of trump's plan but the senator is ready to listen. the senator told fox news corporate tax reform would not benefit north dakota, a state she says is loaded with small business and disagrees with taxing 401(k)s.

but while trump's plan may not have won over north dakota democrats, a new poll by wpa intelligence found that 72% of people that live in the state support trump's plan for tax reform. and north dakota congressman kevin kramer says his state is the perfect back drop for president trump to lay out his message. >> it's not insignificant that the president is reaching out and coming to a state where there is a democratic senator. it's i think entirely appropriate to go to places where there are states there might be democratic senators who could be influenced not just by the opportunity to be the president but influenced by their constituents who are hearing directly from the president himself. reporter: the president will stop by america's fourth largest refinery in mandon, north carolina, he will talk to 700 guests about tax reform. president trump says his new policies would benefit

manufacturers like endeavor refinery, and that means more jobs and higher wages for everyone else. neil? neil: hillary, thank you very much. speaking of all things politics, senator chuck schumer saying the president and leaders of both parties agree to keep the government funded through december 15th, cobbling together a deal that keeps the government together for a few months time, it will do the trick and secure that $8 billion aid package. the first tranche of it for hurricane harvey victims to. citizens united president david bossie, eliza collins and fbn senior correspondent charlie gasparino. not pretty, but the deal they could do. >> i think it's good. maybe get the storm relief to texas and then start getting tax reform going. i will say this, though, it struck me, listen, north carolina is essentially a red

state run by with a democratic senator. i could see how the people want lower taxes. if this thing does fail, okay, this is the other part with kellyanne conway says it's congress' fault. if this does fail, it's a failure of the president. here's why. all you have to do is turn back the clock. look how ronald reagan got real tax cuts and tax reform done. neil: he got democrats on board. >> he did oval office addresses and sold it to the american people. neil: he might get but it might not be what -- >> if it does fail -- neil: what do you think the president is putting himself out there on a way he didn't do with health care revamp. it's his hiney on the line. >> he didn't do that on the health care revamp. we saw the affordable care act popularity go up. people did not want it to be repealed and he could step back and say look it's congress' fault. this is something he's a businessman, tax reform is in his wheel house and he feels

comfortable there. he was criticized for stepping back on tax reform but on the other hand, he owns it, he's out there, he is the face talk about tax reform. neil: you know, david, i could interpret the number of democrats who have been open. i had henry claire on here, he's open to this as a possible yes vote, which leads me to believe that assurances this will not be tilted to the rich if at all. how would you feel about that? >> first of all, it's great to have democrats finally listening to the american people. look, it's one of the reasons, this issue is one of the reasons republicans are in charge of the house, the senate and the white house. the democrats were disconnectid and agree with charlie. the president has made tax reform a centerpiece of his administration. a centerpiece of his campaign. >> how many oval office addresses has he done? and compare that to ronald reagan, compare it to reagan. >> charlie, it's a different

atmosphere today. >> wow, different atmosphere? it's called selling. "the art of the deal"! >> the president is the best marketer in chief this country has ever seen. it is not from his -- >> well, then use it. neil: he might be using it. eliza, are you hearing that the president might have the support he needs? we still don't know the details, truth be told. i'm the one connect the dots saying if you're getting democrats interested, you've obviously thrown a bone to them that is politically palatable for them, which would include not giving away big tactics to the rich, whatever the views on the subject. is it your sense the president is greasing the skids for something that could be done this year? >> i'm not quite sure. i think the fact he's with heidi heitkamp today is a huge deal. that being said -- neil: why is it a huge deal? are you assuming she's a yes vote. sometimes that doesn't pan out that way. >> that's true.

she's not a hard no which is where democrats were on health care. neil: that's a good point. >> some flexibility, they're doing it through reconciliation which is the budget procedure where they only need 51 votes, one democrat helps. health care only lost by one vote. >> you are right about that. how old the markets react to something that's watered down, you said something profound yesterday charlie, as you often do, it's about the corporate tax cuts. you know, don't go any higher than 20. ideally 15. you do that, you are well on your way to a markets liking it, even without the other stuff. >> here's what i would say, if they raise taxes on the rich, which essentially gary cohn said and the rich meaning the top 5% paid 50% of the taxes, that's not a stimulative activity for the economy. neil: the idea being they'll benefit from the lower corporate taxes and investments. >> the thing that would stimulate if they do that would be a real corporate tax cut. now here's where the devil gets in the details, if they get rid

of all the loopholes, right, that means you take the corporate tax rate down to 20% for any stimulative impact. neil: just get your reaction, i hate to hit your broad side, you are so good, you can react on the flight. the president just said on air force one just to the pool that he struck a deal for a debt ceiling increase to keep the government running through december 15th in addition to the harvey funding. clumsy in not blaming him, the best they could do, avoiding any talk of fiscal chaos or debt ceiling disaster, but through december 15. now anyone's guess what will be happening around christmastime to renegotiate that further out. what do you make of this? >> first of all, i dislike, along with a lot of other people, running a government from emergency to emergency, and that's one of the things that we've -- we want to get away from. we would like to -- i don't

think they'll ever get away from this. >> maybe, maybe not. talk about the corporate tax rates. the president said he wants 15%, we need it in the teens. 20% absolutely tops. what has to happen here is the subchapter s as well. small businesses, not just big businesses, those are the mom-and-pops. neil: pay the top marginal rate. >> they need the relief. neil: how will they react to getting the relief? >> listen, already investors are factoring in the different scenarios. if they don't get relief, it's subchapter s. if the corporate tax cut is at 25% and they close loop roles which means could be tax increase, i'm telling you the markets will trade off on that. neil: eliza, final thought on this. to stuart varney's point, something is better than nothing. it's not ideal, what was originally envisioned. we could be wrong on some of the scant details, i don't

think i am. how do you think this all will go down. >> i think you're saying something is better than nothing. republicans need a win. congress needs a win, they have not been able to pass any major legislation, again, it's this emergency to emergency -- >> it's baloney, it won't matter. neil: really? >> if it's a win, okay, we got tax reform through, but it's really a tax increase because the corporate rate is down to 25% with all the loopholes closed. neil: they can't do that. they can't do that. >> markets will sniff that out. >> absolutely. >> we need real tax reform and the economy is ready to take off. we're growing at 3% in the third quarter. 2.6. neil: some have talked to me and said it could set the stage for bigger days. >> 20% rally in the markets, maybe. >> that's what we'd like. neil: all of you in the meantime, federal reserve vice chairman stanley fish is resigning, voting member effective october 15th. he won't be present for the

november and december policy series of meetings. so what will that mean to the makeup of the federal reserve whose own rate-hiking prospects, remember everyone factored in another rate hike this year, but the chances have gone down, down, down, down, down, maybe this makes it even less? after this. ♪ it's a highly contagious disease that can be really serious... especially for my precious new grandchild. it's whooping cough. every family member, including those around new babies, should talk to their doctor or pharmacist about getting vaccinated.

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. >> watching oil and gas closely after harvey and as irma approaches, the u.s. taking a look at now, you can see the lines of people at the gas stations in some cases out of gas, only premium gas as people are trying to flee from the southern coast. taking a look at oil itself, fears of potential damage from the u.s., oil production from hurricane irma which is approaching with a category5. don't forget after harvey, that was more than 20% of u.s.

refining capacity was taken off and with that, we've seen oil selling off since then. it was actually down five weeks in a row, but in the last three days, oil up 5.8% and gaining again today, sitting at $49.11 a barrel. and watching gasoline which has surged. in fact, so much so to a new two-year high, looking at this, $2.66 for a regular gallon. a week ago, $2.40. surging there as irma approaches and the category 5 and moving through the caribbean. neil? neil: nicole, thank you very much. again, i want to bring you up to date on the story. this appears the president aligning with democrats more than republicans, certainly the conservative caucus against what i'm about to detail to you now. a measure that gets the debt ceiling raised. attached to a measure that provides $8 billion in immediate harvey relief. the two are joined at the hip

to keep the government lights on or keep the ceiling raised and funded through december 15th. republicans are not keen on this. that conservative caucus, the freedom caucus not keen on, this but what to make of the fact that this was largely launched the president's top democrats supporting it. anyone's guess as to how this would fly in the senate, where the next stop will be. former ubs america's chairman and ceo robert wolf on all that. what do you think? >> well, two things. one, i'm glad they're doing fema funding, it's important for hurricane harvey and especially irma. neil: small down payment, right? >> just a small. and the debt ceiling shouldn't be a debate, should be doing a clean debt ceiling and have a debate about the debt ceiling and deficits, and, you know, medicare, medicaid, everything, interest debt. neil: it isn't seeing the sausage being made, and the short rope it's on as it's

made, can mix analogies there, but the december 15th will be revisiting all of this again. >> yeah, i don't know what the short-term kick the cans really do. that being said, if this is the only way you can get the fema funding, you got to do it. neil: what do you think of the president doing this largely with democrats, not solely, obviously, can't just do it this way, but that he's advancing the ball. might be using the same strategy to get tax cuts? >> listen, i don't think they would have possibly gotten the 60 votes on separating the two, and i think this is the way they get the votes, and if they separated it, there's deal-making and you don't have that much time for deal-making. i'm sure the conservative movement is not happy they combined the two because the house passed on fema alone. they didn't do the debt ceiling. but the house, if this is the way you have to get it done, get it done. neil: you were mentioning, we were chatting during the break

when president obama when he was in office wanted corporate tax relief, i don't think as low as this president wants to go and maybe not as low as either would go. he could enjoy democratic support. he wouldn't be looking at democratic support unless he compromised on something. that is the tax cut for the wealthy. >> so the president separated personal president obama and business tax reform. they didn't call it corporate. business tax reform, you were right, wanted to do 28% for all corporates and 25% for manufacturing to get exports going. he broke it into two. but he had to do it revenue neutral because they wanted to continue to lower the deficit. and they were not going to get the votes passed. neil: what about now? >> i think now, one, i think that once again, i don't think you can do tax reform holistically, you need to separate business and personal,

you are not getting personal tax reform this year. i think the only thing can you get possibly in the next three to six months is business tax reform, you lower the rate, work on repatriation and take out business loopholes. i was listening to you and charlie before, i agree the market is expecting more. i don't think we're going to get that. neil: the market size, robert, that they'll get corporate relief, maybe not individual relief they wanted, the best-case scenario, certainly not for the well to do, stuart varney and colleagues say better that than nothing. i'm not so sure. >> the thing is, for them, it will be interesting whether they can get it done. if they go to 20% and repatriation, how are they paying for it? not enough loopholes to pay for that, especially when you -- neil: dynamic accounting and all the revenue that comes with it. >> we're not at 4% gdp. neil: they argue down the road they could be. >> i know we had a good last

quarter, that's great. i want gdp to movement we are averaging individualized in the mid 2's. we're not north of 3. neil: you think it's a corporate thing? >> i think it's just business tax reform, unfortunately. neil: really quickly, you are a confidant in the democratic party as well, hillary clinton going after everybody in the book tour including vice president biden, bernie sanders, almost like a scorched earth thing. what's going on? >> it's interesting. i actually saw secretary clinton last week, and i think she's doing her own tell all and giving it her story her way. neil: thinking about another run for president? >> i don't think at all. i think there will be 30+ democrats and there will not be a clinton. neil: there are going to be a lot. >> there will be a lot, and there won't be a clinton on the ticket. neil: really? >> no. neil: what about a joe biden? >> i would call it right now, 51-49 yes, but you know, with the vice president, he is till he isn't and isn't till he is. he has a book coming out too.

neil: you can't launch a presidential run. >> we should write a bipartisan book, you and i. neil: what will it work? robert wolf, thank you very much, just to update you, we continue to follow this, there does seem to be a deal to keep the government running for a few months, attach that to harvey relief and the president was saying, the guys reporting on air force one something for irma as well. he did not specify how you go about that or what kind of numbers we're talking about irmabu a category 5 storm as we speak and right now it is barreling in the south atlantic, headed right to florida. right now, first stop, looking like puerto rico. we have more after this.

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. >> welcome back to "coast-to-coast" i'm gerri willis. if you were planning to pick up quick flood insurance or home

owners coverage as hurricane irma bears down on florida, pretty much forget about it. insurers will write you a policy but won't go into effect for 30 days, that is standard operating procedure across the country. insurers don't want people waiting until the last-minute for coverage gaming the system and buying just as the storm bears down. in florida, the common practice is insurers stop writing policy once a hurricane warning or wash is issued. that is according to the insurance institute, that could mean a lot of pain for florida home owners. 1.4 million homes have no flood insurance coverage and are in an area prone to receiving storm surge damage. until the 1.7 million homes in florida are insured of the state's 4.7 million total. the largest numbers of homes are covered where you expect most, in the south and highly populated areas like dade county. fema is extending grace period for payment of flood insurance

sponsored by the government called the national flood insurance program for harvey victims. possible they could do the same for floridians but no decision has been made. for those who purchased a home, even if it was signed up for within the 30 day window. back to you. >> thank you very much, gerri. evacuations are under way for parts of florida as irma bears down. fox news meteorologist rick reichmuth with an update on irma's path. >> want to tell you one thing, the audience needs to hear this, we are saying a lot about florida, south carolina and georgia need to watch closely. moving through the british virgin islands, on the radar image, you can see it's barreling through the lesser antilles in the british virgin islands. 110-mile-an-hour wind gusts in the u.s. virgin islands. notice the track of this going slightly towards the northwest, there is puerto rico, i think the worst of it is going to go

just to the north of puerto rico. this is the radar picture, you can see the british virgin islands in the center of the storm, the winds are at 185 miles an hour there. you go. that's where the hurricane-force winds are, this is the future radar, this goes just to the north of puerto rico. this would be very good news. the strongest winds while 185-mile-an-hour sustained windstorm. that is in a very small area, so the winds don't extend out along the ways, that is good news. this is going to pummel the turks and caicos, throughout the bahamas, continues to pull off the northwest and at some point going to make a right turn, a very sharp right turn, that's going to make a difference. if have you 90-mile peninsula of florida where this makes this turn, if it goes 30 miles one direction or the other, going to make a big difference. if you are in florida watching this, if it skirts to the east, would bring it to south

carolina and georgia a few days later. folks all across the southeast need to be watching this closely. neil: rick, thank you very much, rick reichmuth. boxer oscar de la hoya on the president's dreamer program. not dreamer. if oscar de la hoya is right, he's about to become the president's own nightmare. after this.

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. neil: all right, the president indicating in a gaggle right now on air force one he had no second thoughts about a decision to roll back the so-called dreamer program and hopes within the next six months congress will come up with a permanent solution, former world champion boxer golden boy productions founder, chairman and ceo oscar de la hoya, good to see you. >> always good to see you. >> you're not a fan of what the president did here. >> i am not a fan, anybody who tries to divide families, obviously, i'm not going to be a fan. neil: is he really trying to do that or address the overreach that president obama made that was not really constitutional, just get cong to settle this issue. >> trying to get congress to settle the issue but have compassion for the kids who were -- who were, yes, came into the country at such a

young age, who know the american dream, who are all about the american dream who stand behind our country, who are hard working citizens. neil: you don't think he's kicking anyone out, do you? i hope he doesn't, i hope he doesn't. neil: why are you saying so much. >> i feel a lot of kids, families are worried that they are going to be divideed. >> you think he's a racist? . >> no, i really don't. neil: everyone on the left goes after him. >> i've played golf with president trump, i've been around him several years. neil: really? >> he didn't seem like a racist to me. he has a lot of employees that are hispanic, who help build his businesses. neil: yeah. that's a bit of an unfair wrapping, we'll see. >> i hope that never happens. neil: alvarez and lofkin, big

fight, you are handling this fight? >> i'm the promoter of the event. we have a huge fight coming up september 16th. neil: do you have a vested interest in one or the other? >> the whole promotion in the canelo alvarez fight. neil: more than gennady? what do you think? you love him more than me? >> he says look, you can't speak for him in the ring, can't fight for him in the ring, he's going to take care of business. this is a fight. we have to take you back a few years. you remember sugar ray leonard, thomas herns, marvelous marvin hagler. neil: it's that kind of fight. >> it's going to do huge business. neil: but not a mayweather mac gregor, that's where the future of money is. >> it's not a farce. neil: the farce made a lot of

money. >> maybe i can get one of my boxers to fight an ultimate fighter. >> for me boxing is so pure, i think about the fight first, and then the business will come. neil: what did you think of that fight? >> i didn't watch it, i have to be truthful to you. i didn't watch it, i was promoting one of my own fights on hbo with miguel cotto. neil: did mcgregor surprise you he did as well as he did. his hands are tied, he couldn't do what he does? mayweather does. >> mayweather allowed him to go ten rounds i believe. neil: really? >> since when does mayweather not throw punchesor four or five rounds. neil: he was working on a modern-day rope-a-dope. did you ever do that? >> i never did. i never did. when you have a chance to knock somebody out, do you it instantly because you never know when you get the next chance. neil: yeah, a lot of people saying for mcgregor, the sky's the limit. he might have other

opportunities. i was surprised he gets $8 million for those fights. open season now in other fights. >> i was very surprised that he didn't get paid too much, the way mayweather got paid. neil: got over $100 million. >> what's happening is the ufc is taking the bulk of the moneys, that's where the problem is for the ufc fighters. neil: really? unless bouts like this one that you're doing, the big money isn't in boxing today, unless you are in the big league, right? >> the big money is still in boxing. neil: and ultimate fighting. >> if you are fighting on hbo, which obviously -- neil: makes a big difference. >> best network for boxing, makes a huge difference. if you are selling out arenas, pay-per-views. neil: you need bigger than life characters, you were a bigger than life character in the ring, i envied you because every woman in the planet loved you, so that bothered me. but you need those type of

characters, and there are few and far between across all the weight divisions, right? >> i think we need more olympic champions, that's where the sport begins, that's where the champions are born is when you can have an opportunity to represent your country, the u.s. here and win an olympic gold medal and have the worldwide stage, the platform and have america fall in love with you, then can you make the really big money. >> you are a really shrewd businessman, a marketer, i'm not blowing you smoke, but i can't imagine you passing up an opportunity with an up-and-coming ultimate fighter to do a real fight version of what was supposed to be mayweather mcgregor. >> like i said, i'm a purist of boxing, i love boxing, and look, money is important, obviously -- neil: you would not pass up such an opportunity. >> money is very, very important, but i would pass up the opportunity. neil: no, you wouldn't. >> i would. neil: easy money.

>> i made a few dollars in my career. >> i heard about that. oscar, best of luck with this, golden boy promotions, founder and ceo, he is involved in every intricate detail. >> september 16th. neil: very, very close, we'll have more after this. copd makes it hard to breathe. so to breathe better, i go with anoro. ♪go your own way copd tries to say, "go this way." i say, "i'll go my own way" with anoro. ♪go your own way once-daily anoro contains two medicines called bronchodilators, that work together to significantly improve lung function all day and all night. . . . .

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neil: learning a little bit more about that deal cobbled together right now to keep the government funded through december 15th

and provide as part of an ancillary agreement here, hurricane harvey relief, 8 billion. might be down payment on further aid, who knows. could involve this latest hurricane irma. the fact of the matter not everyone is keen on it, conservative rank of the republican senate. conservatives are very unhappy. we'll see how that falls when president address as north dakota crowd with a north dakota democratic senator in tow. now we have trish regan. trish: making deals wherever he can. president breaking with his party on debt ceiling and hurricane harvey funding. we'll have more whether or not it comes together and implications of republican party, paul ryan and mitch mcconnell, which have been at least in the president's view very much in his way. he called out pelosi, and called out schumer.

mentioned he had a good meeting with them. never mentioned paul ryan or mitch mcconnell interestingly enough. we get the beige book in a few seconds from federal reserve. our own adam shapiro is with us. we go to adam shapiro. reporter: in spite of the tight labor market the majority of districts reported limited wage pressure and modest to moderate wage growth. there are concerns in many districts about prolonged slowdowns in the auto industry, but non-auto consumer spending increased in most districts. economic activity expanded at modest to moderate pace. there sim pack from hurricane harvey. a special edition to the beige book, bodies are up shuns to economic activity. the fed expects that. 1/5 of oil gas production is off-line. 15 refineries shut down, with several reducing production out put. gas shortages tight supplies of gasoline h