over six to nine months because of reconstruction. it does destroy wealth. it destroys private wealth. that issue we have to keep an eye on. [closing bell rings] liz: mohammed el-erian says it will be temporary. the dow off the lows. david and melissa here for "after the bell." melissa: stocks back in the red with the dow falling 21 points. s&p is slightly lower. the nasdaq is fighting for gains in the final moments of trading. david: considering all that is going on that ain't so bad. i'm david asman. this is "after the bell." more on the big market movers but here what else we're covering for you in a very busy hour. the most powerful hurricane recorded in the atlantic killing at least 10 people as it leaves a path of destruction all over the caribbean. we're tracking hurricane irma as it barrels towards florida. the senate just passing the bill to provide aid to victims

of hurricane harvey, along with the destruck for a three-month extension for the debt ceiling to clear the decks for tax reform. what will happen when it heads to the house where conservatives are crying foul? we have a great line up. among our guests, congressman andy biggs. he of the conservative freedom caucus. he doesn't like the deal. karl rove, herman cain, the mayor of fort lauderdale, whose mayor is under a portion evacuation order. melissa: get back to the markets. we're getting a quick check on the markets from nicole petallides on floor of new york stock exchange. nicole, tell me about today. >> good afternoon, melissa and dave. we saw this type of action back and forth. the morning more volatile throughout the afternoon. the low to the down side down 60 points. financials got hit hard. there are concerns not having a fed rate hike later this year.

32% chance. watching all things debt ceiling. whether or not that will go through. there is an idea in place. we saw that weighing on the dow financials. looking at disney though, that was one name on the dow jones industrial average, in addition to goldman sachs, that came under pressure. it was down over 30 points. bob iger gives a forecast going forward, saying earnings per share for fiscal 2017 will come in roughly flat with last year. that is really disappointing forecast going forward into the new year as well. you see disney down 4.3%. then take a look at ge. we saw ge. after comments from jpmorgan, basically saying they see 12% downside potential to this stock. that dropped 3.6%. go to amazon quickly. they're looking somewhere for the second headquarters in north america. they want to create 100,000 jobs by middle of next year. all the states battle it out, with best tax incentives to

bring amazon to their particular state. we'll see what happens. melissa: nick co, thank you. david: hurricane irma is roaring through the caribbean as a powerful deadly category 5 storm, ripping apart 95% of structures and vehicles on the little island of barbuda. fox news chief meteorologist rick reichmuth in the weather center with the latest. rick, where is it going next? >> it will go through the turks and caicos and bahamas tonight. it is just north of the dominican republic. look at the satellite with the well-defined eye. right of it where the storm surge will be. the island will be topped with the storm surge and 30 or 40-foot waves on top of that. it will have devastating impacts. next day half it continues trajectory. it make as little right-hand turn. that will happen sometime saturday and have big impacts

across south florida. hurricane watches across the entire stretch of south florida. 16 million people implicated in this. the water it is about to go over is warmer than any water yet. we've had a category 5 so long, an fuel solidly very warm. temps almost in the 90-degree range in the water before it gets towards shore. here is the trajectory. we it will pull to the west. we can say not 20 miles direction one or the other exactly where it will go. the implications of that difference is really huge. right now center of the track, we don't like to focus on that, around the miami beach area. anywhere to the right of that where the worst will be. talking about a sunday morning time frame, potential, landfalling cat-4, cat-5 hurricane in south florida. david: rick reichmuth. appreciate it. melissa. melissa: president trump's spending bill is heading to the house after passing through the senate earlier this afternoon.

adam shapiro live at the white house with a breakdown what we can expect with this bill. adam? >> there is going to be action in the house tomorrow, but already, people are taking sides and the republican study committee, melissa, the largest conservative block in the house, is saying they opposed deal. they don't like the fact that there is no clean debt ceiling increase. that there weren't spending cuts. that so many things tied to the bill coming out of senate, things the president wanted, that he coordinated with democrats, nancy pelosi and chuck schumer. president will need democrats in the house to pass this tomorrow but the other issue being raised is the debt ceiling crisis that the country seems to approach every so few years. well the president and chuck schumer have been discussing a way to permanently get rid of the debt ceiling, something has inquite got enough steam for a vote but here is what the president said happened yesterday in the meeting. >> it was a meeting we wanted to

get together to do something and primary, you look at north korea, look at the hurricanes, look what is going on in the middle east. i frankly said time to walk out and shake hands to have a deal. they agreed. i will tell you, it was, there was a lot of spirit in that room, a lot of good spirit. reporter: a lot of spirit, good spirit, you heard president trump say but republicans on capitol hill are concerned about the deal that has been struck and what happens next. the deadline september 8th, once it passes house and assuming it passes the house, president signs it. we face more confrontation on the 8th regarding the debt ceiling. the lindsey graham pointed out he voted against it in the senate, it doesn't really solve the problem. back to you, melissa. melissa: lot of fighting ahead even if there is kumbayah now, adam, thank you. david: not much kumbayah among republicans. some are fuming after the president's deal with democrats. will the republicans stand by

the president for tax reform to get the economy up to full speed? here is republican congressman, andy biggs from arizona, a member of the house freedom caucus. congressman, first of all on the bill that the senate passed, you have voted against a harvey bill, because as congress so often does, they loaded it with stuff nothing to do with hurricane harvey. i assume you will vote against the bill the senate passed? >> i vote no, that's correct. david: what do you think will happen with the president's plans to gets tax reform in? he needs every republican he can get to stand with him on significant tax cuts? will he get it? >> i think he can get the tax reform because that is really the heart of what republicans are all b we want to do the tax reform. i'm with him on the tax reform. we just need some real language that we know what is exactly is going to be in there so we can

fix it a little bit but let's not fiddle around with machinations. do a straight-up tax bill, everyone knows what it is in it and get it done. david: we know what the president did gave a little to the democrats in order to get space he needs for tax reform. if we get a tax reform plan that is loaded with stuff that the democrats have, or at least has some of that in it, will you still vote for it? will you hold your breath, bite your lip and vote for it anyway? >> i just find it unlikely we'll see a lot of democrat issues on this bill, because what we really want is the things that we talked about, lower corporate rate, a good immediate expensing. we want to see repatriation rate low. we want individual tax rates lower. we want to conflate the brackets. these are things all republicans want. david: hold on a second. we heard from very important

republican, paul ryan today, saying he is not only, does not want the corporate rate to go down to 15%, where the president wants it, he sees it 22 to 25%. now that is essentially the effective rate already of our corporate income tax in america. so if it go goes down to 22 or 25%, would you be against that? >> yeah. we need it take it down to 15%. you want to stimulate the economy. you want to move to restore america to the top manufacturing, top business, place to do business in the world, you got to have a low corporate income tax. david: but he is your leader, he is the party's leader in the house, paul ryan is. if he wants to bring it down to 22 or 25%, what do you do with your leader? >> well he is our leader but reality is, there is vast majority of republicans, i don't want to speak for everybody but i belong to some conservative

organizations and the vast majority of this conference want as lower corporate tax rate. david: what do you do if he comes in, says it will be 25% or 22%? >> well, i know speaker ryan a little bit, i don't think he gets entrenched like that. i think he will work where the conference wants to go. david: where do you think it will end up, the corporate rate? given the president and you want 15%. he is willing to go up to 25, where will it end up? >> i am hoping 15%. that is where most people want it. david: congressman biggs, thank you very much. appreciate it. melissa. melissa: to react all of that, they were listen nearby, liz peek, "fiscal times" columnist and kevin kelly, recon capital chief investment officer. kevin, start with you. what did you hear right now? >> it will be complicated to get anything done with infighting for the republican party. we saw it play out the health care debate happen which they shouldn't have started.

any hopes of tax reform which they keep repeating will probably not get done this year. melissa: what? >> yeah. listen, there are 75,000 pages in the tax code, right? how will they simplify everything down to 15, get what they want, when they only had 12 legislative day this is month, the president had to -- melissa: i got to get liz in here. i don't know if kevin is watching in the past 24 hours. the president set it up. steve mnuchin has been working on it. they are out there, embarrassed the republicans a little bit having this kumbayah moment, bringing the left over. you don't want to look like you're working against the left, working against the president, you're against everybody, you're here to stop things and that is the position maybe a lot of people see republicans in? >> i think the conservative caucus is in that position. they're hitting windmills. don't want to raise the debt limit, concerned about the debt, but don't want any revenues to make the tax reform revenue

neutral. they're pushing rates to the point they can't do it. a pox on all their houses. taxpayers and voters are so sick of all this posturing in congress. it is really time -- frankly i'm only person in the country thinks donald trump did the right thing. if the freedom caucus would stand in the way of raising the debt ceiling providing relief, good for him for getting it done anyway. melissa: people are befuddled by the problems they created themselves, that is what congress is all about. go ahead, david. david: melissa and i agree with you on that. president trump is hoeding a meeting on the nation's infrastructure just as your an irma is making a beeline for florida and texas is trying to bail out from hurricane harvey. will the storms force the president to move on the president's infrastructure plans, liz, what do you think? >> this becomes our infrastructure plan honestly. we're looking devastation in texas which the costs could go into tens of billions of

dollars. part of the president's plan was joint effort between private enterprise, states and federal government. david: right. >> honestly these storm situations where you have such enormous problems, texas has $10 billion reserve. they will use the money in conjunction with the federal government. i'm sure they get the private sector to help. these numbers will be huge if this irma comes ashore in florida which it looks like. david: kevin, you have 100 billion for harvey in texas. you have irma which might be at least the same amount. that is federal spending. i'm thinking the president's push to get the private sector involved in infrastructure, it was poo-pooed by a lot of democrats, they may be out of money. this may force the issue getting the private sector involved in things used to be reserved for the federal government. >> i think we need to speed up recovery time we know the government takes a long time. president stands up on podiums with a long list what it takes

to get a lot of these infrastructure deals done. we need to take into consideration, power grid. we need to deploy that money and quickly. that will fall under national defense if the government wants to get stuff done. next year is election year. i think democrats and republicans will come around especially on infrastructure. they want to say they supported this country especially in rebuilding. david: guys, thank you very much. you remember the long list of rules and regulations the president was holding up a couple weeks ago, we'll cut through the red tape? now is the time to do that. melissa: now is the time. steve bannon speaking out about his time at the white house and what he says should be done about people in the administration. he publicly criticized president. karl rove will respond to all of this and the rift growing between the president and congressional republicans. david: the new uninsured. how the middle class could be the next target in the health

care crisis. melissa: long lines of cars on the interstate desperate to leave florida with mandatory evacuations in eeffect, including parts of fort lauderdale. we'll speak about the situation on the ground as the city preps for the mom sister storm. >> we can not save you when the storm starts. if you're in the evacuation zone, you need help, you need to tell us now. ♪ ♪ ah, my poor mouth breather.

allergies? stuffy nose? can't sleep? enough. take that. a breathe right nasal strip of course. imagine just put one on and pow! it instantly opens your nose up to 38% more than allergy medicine alone. so you can breathe, and sleep. better than a catnap. shut your mouth and say goodnight, mouthbreathers. breathe right. looking for adventure this labor day? holy smokes.

oh man, that's pretty intense. look no further than chevrolet. this is a fast car. i feel like i left my soul back there. wow. this has power! head to the chevy labor day sales event and ride out the summer in a new chevrolet. current chevy owners can use labor day bonus cash to get a total value of eleven thousand- six hundred dollars on this silverado all star. or, get 0% financing for 72 months on all tahoe and suburban models. find new roads at the chevy labor day sales event. so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets.

every branch running like headquarters. that's how you outmaneuver. david: a nuclear hurricane, those are the words of the mayor of miami. that is what he is saying as florida braces for hurricane irma. the whole state threatened by this devastating storm. the death toll stand at least of 10 people dead in the caribbean right now. citizens of florida, scrambling to get out of harm's way with

gas short an -- shortages in major metropolitan areas. massive traffic jams up and down the state and airlines canceling flights. two navy ships are there to assist in the aftermath and national guard troops from multiple states coming in. mandatory evacuations in place for parts of the state. melissa. melissa: here is jack siler, the mayor of fort lauderdale. mayor, thanks for joining us. tell us what you're telling folks there right now? what is the situation on the ground like as you wait for this? >> well, melissa, we're telling people today, what we've been telling them all week, they needed to be ready for a very, very large storm. as we heard all week for the governor, leaders across the state this, is the biggest, baddest, broadest storm we've seen in quite some time. our message, is you need to be prepared for it. ready for it.

we're within 4 8 hours of this hitting. it is time to make evacuation plans, move on, to higher ground, safer ground, to something with family and friends perhaps more secure. melissa: your governor has been on the air all day, all over, saying, talking about preparation he is doing. that is pretty impressive, lowering the level in lake okeechobee. escorting in fuel trucks to make sure there is gas for people. there were all kind of precautions the state was taking. when you say you're getting the help you need, or other things you need right now? >> absolutely. governor scott really stepped up in terms of this hurricane. he stepped in terms making sure cities counties, already -- we have nightly telephone calls with the governor. his staff reached out to me. i got a call from the white house reaching out. so we're getting the support i think we need at the state and national level.

the important thing the citizens here, our neighbors understand this is not your average hurricane and this is not what we went through last year, when matthew brushed us coming up the coast. we think because of storm surge, because of the wind, this could have much greater impact. even if it does go up the coast and miss us, it will have a greater wind factor and definitely a greater storm surge. if that storm surge comes, at high tide, we're going to be looking issues totally different what they have had to deal with in texas and god knows they have to deal with tough issues in texas. it will be over and storm surge and wind will be different factor than what you get with rain that sat over texas. melissa: right. >> we're hoping it is far enough off. melissa: talk to us about the difference a little bit. >> i think what you saw in texas -- melissa: that was rain damage and really piling on, with storm surge it's a huge wave, what does that mean to you? >> the storm surge comes in a

huge push. and you know, we don't think rain will hang around all day. this is fast moving storm, a powerful storm. we think the storm will move quickly up the coast. but the problem is, if it comes in with the high tide and east wind and very powerful east winds, you will see the low-lying area, barrier island, absorb a huge amount of water. that is difficult situation for us. we're making sure our neighbors, the evacuation for the barrier island, letting people know, coming more by sea than necessarily come by sky. melissa: what portion of where you are, would you recommend that people just get out? i mean if they were your family members versus the mandatory evacuation areas, does it make sense to move out of the way? >> we have recommended that anybody in any low-lying areas, anybody in vulnerable areas, especially in and around, we have 200 miles of navigable

waterway. anywhere in low-lying areas they need to find higher ground and need to move on. as it relates to other areas, parts of fort lauderdale are elevated. we look at the standpoint if you're in low-lying area and risk to the storm surge and risk to high wind pushing water, it is time to move on. if not, hunker down, be prepared, we're ready as a city. we believe our neighbors are also ready. melissa: one of the biggest problems, i shouldn't say one of the biggest, is one of the potential problems is loss of power afterwards and food supply or water over time. even if you don't get the surge, mayor, we're all praying for you. thanks for coming on to spread the word of being safe. >> thank you, melissa. appreciate the coverage. david: the worst mother nature brings out best in human nature

very often t has in harvey. filing for unemployment spiking in aftermath of harvey in texas with americans unable to work. we're seeing biggest ride in weekly jobless numbers since superstorm sandy. same thing happened in 2012 with that. the claims are at the highest level in two years. melissa: escaping the hurricane, how airlines helping americans trapped in irma's path. reaching across the aisle. growing number of republicans are reportedly fuming over the president's decision to negotiate with democrats. so was it the wrong move? next karl rove, former senior advisor to president george w. bush responds to the president's decision. >> i think you really saw it yesterday loud and clear. the people of the united states want to see us coming together at least to an extent. we're different parties. we have different thought, different feelings, different ideas. ♪

my "business" was going nowhere... so i built this kickin' new website with godaddy. building a website in under an hour is easy! 68% of people... ...who have built their website using gocentral, did it in... ...under an hour, and you can too. type in your business or idea. pick your favourite design.

personalize it with beautiful images. and...you're done! and now business is booming. harriet, it's a double stitch not a cross stitch! build a better website - in under an hour. free to try. no credit card required. gocentral from godaddy. they always refer to me as master sergeant. they really appreciate the military family, and it really shows. we've got auto insurance, homeowners insurance. had an accident with a vehicle, i actually called usaa before we called the police. usaa was there hands-on very quick very prompt. i feel like we're being handled as people that actually have a genuine need. we're the webber family and we are usaa members for life. usaa, get your insurance quote today.

david: we have breaking news. alphabet google says it has seen an, i'm quoting here, seen no evidence of russian ad campaigns on its platforms during the u.s. election. this is all coming after facebook said earlier that it discovered thousands of political ads published on its platform they say were linked to fake russian accounts. we'll keep you updated on this. melissa. melissa: crossing political lines. president trump with a political deal with democrats, finding relief for hurricane harvey. house speaker paul ryan understands why the president made the deal it could cause trouble down the road. >> you look at the cone of this hurricane, could be anywhere from georgia to south carolina. so, that is a tough moment for our country. we need to make sure the government respond to people. so the president wanted to make sure we are going together as republicans and democrats to respond to this. i was making an check point

which is, with respect to the credit markets stability and longevity are key. melissa: here is karl rove, former senior advisor, deputy chief of staff to president george w. bush. he is also a fox news contributor. karl, you're a master chess player. what do you make of this move? >> rarely a move that is all good or all bad. there are good things in this move and there are bad things in the move. the good thing, the president looks decisive. gets republicans and democrats marching the same path. they immediately give disaster relief to a country dealing with a hurricane and a wind event in texas, and a gigantic hurricane booming down on florida and the carolinas. that's food. what is bad about it is, that it was is surprise. he surprised his allies. you don't want to surprise your allies with bad news. if you want to give them bad news. it would be better if he said to the republicans before that

meeting, i want to get a deal with the democrats and best deal that i can but not asking you to hold the debt ceiling held so we don't do it for another year. democrats want three months. you want more than a year. i'm willing to do something in the middle but he surprised his people. look -- melissa: let me ask you, quick is there any chance that is all theater? that is what i was thinking, this idea of surprise, in order for this work and look like, really have chuck schumer and crow like he won and nancy pelosi, in order for it to look like a real win for them, it had to look like kind of a surprise to the republicans. and now he gets to go back say, look, you got to work with me on tax reform? i'm not sure it was really -- >> let's not kid ourselves. the democrats will never work with this administration on tax reform, they won't. fine for them to get advantage, we can gum the works in december

on spending and debt ceiling. we do that by doing right thing we should have been doing anyway on disaster relief now but they will never work with this president on tax reform. maybe one or two. melissa: so you don't think there is no tax deal coming? >> pardon me? melissa: you think there is no tax deal coming this fall? >> no, i think it's a tax bill but done under reconciliation, the house and senate pass a budget resolution and let them take up a pass bill to pass with 51 votes. i don't think there is any chance in heck, you will get eight democrats to join with 62 republicans to pass a bill with 60 votes. you may get three or four to join with 51 republicans, no way chuck schumer will deliver votes. nancy pelosi has no interest in getting a tax cut deal, tax reform deal done with the republicans. this is about short-term gain, long-term pain for the republicans if they don't play it right. melissa: okay. slamming the president's inner circle.

former trump strategist steve bannon has a message for critics working in the west wing. listen. >> if you break, then resign. stuff leaked by members of the white house was unacceptable. if you find it unsaintable resign? >> who are you talking about? >> gary cohn and some other people. if you don't like what he is doing, you don't agree with it, you have the obligation to resign. >> gary cohn should have resigned? >> absolutely. melissa: help, karl, your take on that? >> let's go back to that week. on tuesday afternoon, steve bannon picks up the his west ping phone and calls robert cutner, the left-wing "american prospect," attacks sitting president of the united states on his speech the previous night. unlike trump says military responses to north korea, bannon says there is no military answer, and we're kidding ourselves if we think there are. criticizing the secretary of

defense who said something different on monday. he attacks the secretary treasury mnuchin, secretary of state rex tillerson and national economic council advisor saying they're wetting themselves over his approach to trade. melissa: bannon doesn't work there anymore. maybe he is learning his lesson everybody that criticizes should go too. >> he was working in the white house that day. he wasn't fired until friday. melissa: i know. >> steve bannon had reputation leaking against opponents inside the west wing and administration. we have a record him doing it on tuesday. a little hypocritical if you disagree with trump you ought to resign. he was disagreeing with president trump and in the west wing and leaking to media about it and leaking against his fellow colleagues for disagreeing with him on his approach to the issues. i find this all inside baseball, sort of, 7th grade, they're taunting each other.

this is the chief taunter. you know, it is not worth our attention. melissa: it is pot calling the kettle leaking. i got it, karl. >> exactly. good one. very good. melissa: thank you, karl. there you go. >> thank you. david: you know how to turn a phrase. despite all the political theater the administration is pushing full steam ahead on tax reform. hoping to have a bill on the president's desk as soon as possible. can they get it? herman cain, a man who knows how to get things done, is here with us. that's coming up. melissa: plus florida preparing for the worst as hurricane irma is set to tear through the sunshine state. how are they getting ready for the storm? that is coming up next. >> i've been keeping a pretty close eye on it for probably the about the last four days. nothing good is going to come out of 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. anoro is not for asthma . it contains a type of medicine that increases risk of death in people with asthma. the risk is unknown in copd. anoro won't replace rescue inhalers for sudden symptoms and should not be used more than

once a day. tell your doctor if you have a heart condition, high blood pressure, glaucoma, prostate, bladder, or urinary problems. these may worsen with anoro. call your doctor if you have worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain while taking anoro. ask your doctor about anoro. ♪go your own way get your first prescription free at anoro.com.

david: bracing for a catastrophic strike. irma could pack a devastating punch in south florida this weekend after barreling through the caribbean where at least 10 storm-related deaths are confirmed. fox business's jeff flock in miami with the latest. jeff, i got to tell you, regular viewer of our program, just sent me an email, this is former marine, with his wife went to get a generator at northern tool. he was told by the cashier, that they have suspended military discounts prior to the storm. my friend, our watcher, our

viewer is furious. have you seen any signs of this kind of gouging? >> you know i have seen few signs of it. the gas prices have been reasonably, bob looks over there, this is normal gas prices here. plywood though, home depot just sold out of plywood. smaller retailers jacked it up a little bit. other people are trying to get a fair shot at it. that is a tough one. here is my concern, gas, no matter what the price is, you can't get it. look at this line, stretches down to u.s. 1. this is the route out of the keys. part of it goes around corner and down the street. trying to keep it fair. these gas stations have been running out of gas. the reason don't do contraflow, say all traffic moving one direction on both sides of the street, the reason they don't do that, they're trying to get deliveries in so people get gas

so they can get out and the clock is ticking. we have to watch that next couple days. if you can't get gas, you can't get out. people want to get out, but they have to be able to. could be a ride. david: unbelievable stuff, jeff flock, thank you very much. melissa. melissa: get ready to pay more for florida oranges, many other items at the grocery store in the wake of hurricane irma. phil flynn, price futures group, fox business contributor joins us from cme in chicago. obviously this is the least of the trouble and it is damage and people in harm's way. we want to show people, another way that this was going to impact them, even if they were far away. phil, tell us about it. >> this storm could actually wipe out, we might not be talking about florida, anytime soon, if ever. this may knock a lot of orange groves out of business permanently. that is how bad it is. prices went up 4%. that is 40% of the u.s. crop

could be wiped out. a lot of orange growers are under distress. they had citrus greening. some of the biggest cattle ranches are in florida. we could see higher beef prices because of that as well. melissa: wow, phil, thank you for that. david: of course related story, you always hear about this, flights being canceled. 650 flights out of southern florida are canceled tomorrow due to threat of the storm. a lot of desperate travelers scrambling for any available seats. airlines are responding to social media backlash of price-gouging. you no doubt saw some of this for the seats but on the good sign of the coin, jetblue announced a $99 cap on one-way tickets out of florida and the caribbean through next wednesday. american airlines are following suit. so sometimes the good folks, if you have a free market, yes, you have gouging but you have other folks who do the right thing and

eventually end up with loyal customers. melissa: this you go, exactly. another problem for obamacare. new details how the health care law is hurting the middle class right now. will still be pain. it comes when your insurance company says they'll only pay three-quarters of what it takes to replace it. 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. for tech advice. dell small business advisor with one phone call, i get products that suit my needs and i get back to business. ♪

♪ to err is human. to anticipate is lexus. experience the lexus rx with advanced safety standard. experience amazing. itwhat's possible.nk rethink the experience. rethink your allergy pills. flonase sensimist allergy relief uses unique mistpro technology and helps block 6 key inflammatory substances with a gentle mist. most allergy pills only block one. and 6 is greater than one. rethink your allergy relief. flonase sensimist. ♪ 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 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. melissa: the new inuninsured. millions of middle-class americans are expected to drop health care coverage thanks to rising cost of obamacare premiums. gerri willis live from the newsroom with the latest on this one. gerri, what do you have? >> to start to explain how the middle class is caught in the cross-hairs, let's look at cost sharing reduction payments. this is $7 billion the president says is bailout of insurers. that is the money paid each and over year to basically pay the money lower income people can not pay in subsidies to buy obamacare. but here is the deal. the cbo says if the money is not

paid, gross premiums offered through the marketplaces they will be 20% higher in 2018 and 25% higher by 2020. think about it, taxpayers would see federal budget deficits increase by $194 billion the next 10 years. here is reality. if that money isn't paid, or if it is not paid, the middle class is caught in the cross-hairs. why? because they're already paying nearly $23,000 a year for health care. that is the people that watch this network. these are small, independent business operators, who don't have a company to provide health care enshuns for them. they pay all this money out-of-pocket for care. let me tell you, melissa. i have interviewed these people. i heard their stories. what they tell me is this, look, we're setting aside health care. soming us not buying. some are not doing the things we need to keep our health good, robust, we're not buying coverage and you can see why.

the numbers are terrible for those people and getting nothing from the federal government. at the end of the day the people worked all their lives, big contributors to society. they are really getting hurt by obamacare, by the cost-sharing reduction and by the whole structure of health care in the wake of obamacare. melissa. melissa: the whole thing is a mess. it is, anance absolute disaster. somebody has to straighten it out. >> i hate to see the middle class, people who contributed, hurt by the program they funded. not fair. melissa: very true. not fair, gerri. thank you. david: one vote, one vote, we came within one vote of getting that thing repealed. melissa: let's not relive it. david: meanwhile flagging the mainstream media. conservative leaders sounding the alarm on the southern poverty law center. why they say that activist group is creating a hate label of its own invention. also pushing forward the president's agenda, why his inner circle says his deal with

top democrats could actually clear the decks for tax reform but will republican leaders go ahonk? herman cain, former republican presidential candidate with us next. ♪ ♪ ♪ fight security threats 60 times faster with ai that sees threats coming. the ibm cloud. the cloud for enterprise. yours. the cloud for enterprise. [phi anne.g]

so those financial regulations being talked about? they could affect your accounts, so let's get together and talk, and make sure everything's clear. yeah, that would be great. being proactive... it's how edward jones makes sense of investing.

david: pushing forward with tax reform. treasury secretary steve mnuchin stays that the president's deal with democrats will pave the way for tax reform. here is he. >> i think as far as taxes, the thing that occurred yesterday we cleared the next 90 days to have more room to focus on taxes. that is a big win. that couldn't be more hopeful. the president is focused on why this is good for the american people and for the economy and why we need this.

david: herman cain, fox news contributor. great to see you, herman. we saw the republican administration fail to get repeal of obamacare. can you blame the president for not working his own dea media ak about tax replacement and tax cuts and he is going to get a lot of coverage from that. i think it was a good move. some people think it wasn't a good solution or good strategy. who cares about that. david: right. >> the president cares about doing what is best for the american people and him agreeing to this three-month extension is good for the american people, and it allows them to focus on what they really need to focus on, and that is tax cuts, for 3n

people. david: herman, you were a fantastic manager in the private sector. so was president trump. when you hire good people, you sit back let them do their work f they don't get the job done, you have to step can't -- david: he has done a document of firings already. he may do some more. >> right. he can do that for his direct reports but he can't do that with congress, so what h people in november 2018. david: talk about one person who in my light is big disappointment. because i used to like paul ryan a lot. i see what he is doing now, saying the president should do health care reform before he does taxes. we could have a tax reform plan in now if he hadn't said that.

now he is saying the lowest the corporate tax rate can go is in the mid 20s. that is what the effective rate already is. if i move my corporation to ireland because they have a 12% corporate, i'm not going to move back to the u.s., if they just bring it down to 25%? >> that is a defea what is a solution to the problem. david: that's right. that's right. bingo. >> they should go all the way to 15%. it solves a problem in terms of our competitiveness. david: right. >> they ought to go whatever the president suggests for personal income taxes. it solves the problem. this is why the president is now taking his message directly to the american people, right. >> i support it 100%. david: yeah. heed, follow, or get out of the

way is what an old marine once told me. quickly on another story, herman, 47 prominent conservatives are call on the media to stop citing the southern poverty law center, calling the progressive work, a discredited left-wing political organization seeking to silence political opponents with a hate group label. herman, the fact a lot of corporations have given million of dollars to this group. apple gave a million. jpmorgan 500,000. i mention one name on their hate list, a list of people they say are haters, should be, god knows ostracized for all of us. one of the bravest women i know, spoken out against a call islamic terrorism. she has been on our air before. she as 24/7 security. they are pointing her out as a

hater. she is somebody we all should be supporting. >> this is what thert the media that suffer from what i call tds, trump derangement syndrome. they will not heed that warning. david: herman, we have to leave it at that we're up against a hard break. come back soon. >> will do, david. neil: thank thank you it's whooping cough. every family member, including those around new babies, should talk to their doctor or pharmacist about getting vaccinated.

.. ..

with some breaking news right now. apple facts just announcing its cyber security incident from 143 million consumers saying criminals exploited the u.s. website vulnerability to gain access to certain files.

>> look at what is happening. the companies offering an investigation. there is free identify -- identity protection. as you can see the stock is down about five and half% after hours. we will bring new developments. you developments. risk and reward is right now. the star is bigger, faster and stronger than hurricane andrew. i was actually can help in houston. a life threatening category five storm with the winds winds of 185 miles per hour. mandatory evacuations are in effect. tonight this order will go into effect for all residents. we are actually operating out of the caribbean office. we had staff in the virgin islands as well as an incident management team.