his 35th wedding anniversary. congratulations, john. [applause] john is in the fencing company as you heard, and i'm just thinking, i have to mention this, we have a fence around the white house. we have a fence around the white house. and they want to build a new fence. i figured, you know, i'm pretty good at construction, i don't know, maybe a million, maybe a million 1/2. and this has been taking place over a long period of time. previous administrations. so i said how much is the fence you're talking around the white house? sir, the fence will cost approximately $50 million. i said, what? i get you not. we have thousands of things like that. thousands. we're going to get it all down, but think of that $50 million. now i assume it's a strong fence. okay?

[laughter] john, do you think you could do it slightly less than 50 million? i think would take 49 off right now, and he would have plenty of profit, right john? it's crazy. it's crazy. [applause] never understand it but, we're working on it. john says that a tax cut like we're proposing will make his business more competitive, allowing him to expand, hire more workers and raise wages for his current employees. right, john? also with us is aaron williams, a father of two, who works in the field of information technology. where is aaron? hello, aaron. hi. [applause] it's a good field. aaron is seen disasterous effects of high, just literally high corporate tax rates, right

up close and personal as more and more high-tech jobs are shipped overseas. you've been watching it, aaron, right? all over. like millions of other americans, aaron wants to bring those jobs back to the united states. we're going to reduce the tax rate on american businesses so they can keep the jobs in america, aaron. create jobs in america. compete for workers in america, and raise wages right here in america. you will be in a much different position, okay? [applause] tremendous incentives. we want more products proudly stamped with those four beautiful words, made in the the usa. made in the usa. [applause] finally, our framework

encourages american companies to bring back trillions and trillions of dollars of wealth that's parked overseas. our current tax system, trillions much. [applause] by the way for years i've been hearing it is 2.5 trillion. i've been hearing this for five years. i assume it is much more, right? but democrats want to do it and republicans want to do it. for years, who doesn't want to do it? they want -- but they can't do it. it is so restrictive and taxes are so ridiculous. so they can't do it. the money stays in other countries. it is invested in other countries. we want to bring it back. that is one of the few things, democrats want it and republicans want it. for years they haven't been able to do it. now we're doing it. we're doing things. [applause] you know it is one thing when we

want to a health care and they want a health care and there is a dispute. here is something they both want, they can't do it. there is a broken system in d.c. we're getting it fixed i think rather rapidly. you will be seeing that over the next few months. our current tax system makes us one of the few developed nations in the world to punish our companies when they bring wealth earned overseas back into our country. we're punishing them for bringing the money back in. as a result, corporations have parked many trillions of dollars in foreign countries, and many have incorporated abroad in order to avoid our punitive tax system all together. and some companies actually leave our country because they have so much money overseas, so much, it is an incredible amount, they move the company to get their money. we'll let them bring the money back home.

[applause] our framework will stop punishing companies for keep be their headquarters in the united states. we're punishing companies under our codes for being in the united states. we will impose a one-time, low tax on returning money, that is already offshore, so that it can be brought back home to america, where it belongs, and where it can be put to work and work and work. [applause] the frail work i just -- the framework i just described is a once-in a generation opportunity to reduce tax, rebuild our economy and restore america's competitive edge, finally. [applause]

and i have to say, just before coming here, we released some of the details of the tax, and the tax reform and the tax cuts. it has really received tremendous, tremendous reviews. and, if senator donnelly doesn't approve it, because you know he is on the other side, we will come here, we will campaign against him like you wouldn't believe. [applause] i think they're going to approve it. actually, i think we'll have numerous democrats come across, because it is the right thing to do. these reforms will be a dramatic change from a failed tax system that encourages american businesses to ship jobs to foreign countries. that have much lower tax rates. that is what we can't do. our competitors have much lower

tax rates. but no longer. my administration, strongly reject this is offshoring model and we have embraced the new model. it is called, the american model [applause] under the american model, we are reducing burdens on our businesses as long as they do business in our country. that is what we want. we want them to do business in our country. not to leave our country, like a number of firms from indiana. some made some great promises to me but those promises are only being partially kept, because they're incentivized to leave, but now they're going to be incentivized to stay. if that doesn't work we'll get even tougher than that, okay? we want our companies to hire and grow in america and to raise

wages for american workers and to help rebuild american cities and towns. [applause] that is how we will all succeed together and grow together, as one team, one people and one american family. we want it to happen here. [applause] tax reform has not historically been a partisan issue, and it does not have to be a partisan issue today. i really believe we're going to have numerous democrats come over and sign because, it is the right thing to do. i believe that. it is the right thing to do. i know many of them, and, they're telling me, it is the right thing to do. president reagan's tax cuts passed with significant bipartisan majorities at a time

when there was a democrat majority in the house, and a democrat speaker, tip o'neill. before that democrat president john f. kennedy championed tax cuts that surged the economy and massively reduced unemployment. as president kennedy very wisely said, the single-most important fiscal weapon available to strengthen the national economy is the federal tax policy. the right kind of tax cut at the right time, at the right time, this is the right time, is the most effective measure that this government could take to spur our economy forward. that was senator, that was president kennedy. [applause] my fellow americans, this is the right tax cut and this is the right time.

democrats and republicans in congress should come together finally, to deliver this giant win for the american people, and begin middle class miracle. it is called a middle class miracle. once again. it is also called a miracle for our great companies. a miracle for the middle class, for the working person. i truly believe that many democrats want to support our plan, and with enough encouragement from the american people, they will find the courage to do what is right for our great country. [applause] but they will only do it, if you, the american people, make your voices heard. only if you tell congress to give us a tax code that puts

american jobs first. that is what we're doing. [applause] history has proven time and time again, that there is no power on earth more awesome than the will of the american people. that is why today i am asking all americans, republican, democrat, independent, to join with me, and with each other, to demand tax reform that will truly, truly, truly make america great again. [applause] call your congressman. call your senators. let them know you're watching, let them know you're waiting.

tell them that today is the day for decision. that now is the time to heal this self-inflicted economic wound. and that with their action, the future will belong to all of us. if you demand it, the politicians will listen. they will answer and they will act and some day, many years from now, our children, and our grandchildren, will remember this moment in history as the time when ordinary americans took control of their destiny, and chose a future of american patriotism, prosperity, and pride. [applause] with your help, and your voice, we will bring back our jobs, we will bring back our wealth, and

for every citizen across this land, we will bring back our great american dreams. thank you, god bless you. and god bless the united states of america. [applause] thank you. ♪ >> make american businesses great again. president donald trump in indianapolis, indiana selling his tax reform package saying it is the time for bipartisanship. addressing victims of the hurricanes and health care fight. saying it is time for american companies to get competitive. to make that, david asman of 20%. david: he said that is non-negotiable. originally he was saying start at 15, work up to 20. he is starting at 20%, that is firm and non-negotiable. we'll wait and see whether he is willing to negotiate on that with any democrats.

personal rates go from seven brackets down to three. there is question whether there will be wealth tax. whether taxes go up on some level of the 1%. whether it is somebody with seven-figure salary above a million dollars, or below, has yet to be seen. we'll try to zero in on the specifics in this hour. i'm david asman. great to see you all. this is "after the bell." let's go straight to it. connell mcshane is in indianapolis listening to president, judging what the audience is thinking of all this. well-received there, connell. that's no surprise. any surprises what the president said? reporter: a little bit on length of it. i think it was longer on my count, 41 minutes than we were led to respect, david. the president started off with orders of support for puerto rico as they deal with the aftermath of hurricane maria. he talked about a few other topics. when it came to taxes no, i don't think there were too many surprises. he went after a couple themes we

expected him to and went after them more aggressively than we anticipated he would. one is the middle class. this was not a quote, to your point, tax cut for rich. that is as you were saying, some high income people may end up paying more taxes on that basis. the president over and over again on these remarks in indiana, was adamant the middle class would not. here is an example. >> we will cut taxes for the everyday, hard-working americans, people that work, so long, so hard, and they have been forgotten. but they're not forgotten anymore. i think we proved that on november 8th. more income for more people will be taxed at a rate of zero. reporter: okay, so that is one example of the president looking at that, and by raising the standard deduction as he talked about for single earners, 12,000, to married couples,

24,000, you will have more people paying a rate of zero, driving home that point. this is not a tax cut for the rich. this is tax cut on individual basis for the middle class. second point he really drove home, if you're not paying much lower taxes you will fine the way you pay them to be much more simple than it has been. here he is. >> the vast majority of families will be able to file their taxes on a single sheet of paper. [cheers and applause] reporter: one sheet of paper. so as a final point, david, i would point out that the president seemed to close on how he would plan to get this tax cut passed. in one of those jokes that is not really a joke, he looked at the democratic senator joe donnelly, from the state of indiana, here in the audience, traveled on air force one to his home state, said something to the effect, hey, senator donnelly, if you don't support it and sign on to it, we'll be back here to campaign against

you in the elections next year. got a little bit of a laugh. couldn't see if the senator was laughing. target vulnerable senators in the midterm, see if they get on board. david: taking advantage of red states, twisting some democrat arms. maybe some democrats will go over. connell, thank you very much. cheryl. cheryl: unless you're a congressman in new jersey, connecticut, new york or california, we'll get into that. blake burman is standing live at the white house. go to specifics there. we talked about the brackets and corporate tax rate. the president hitting home about the end of the estate tax. that i found was really interesting, blake. reporter: end of the estate tax. the end of the alternative minimum tax. part of what the white house laid out what is ahead of the president's speech. you saw the sales pitch there. here are some basic top-line level details as it relates to this tax reform framework. let's start on the individual side where there will now be three different rates, at 12, 25, 35%.

the income levels though have not been hashed out. the part of that, standard deduction will be troubled as well. -- doubled as well. on the corporate side small business rate is top end of rate of 25%. and corporate rate will be dropped down to 20%. more on that in a second. now it is up to congress, especially republicans to take the ball from here. here was paul ryan earlier today. >> this unified framework deliver as new tax code that is simple, that is fair, that is pro-growth and pro-family. cutting taxes on hard-working americans so that you can keep more of your own hard-earned paycheck. simplifying the tax code, so that you can file your taxes on a form the size of a postcard. reporter: as you heard from the president there, he does in the believe this should be and doesn't think potentially it might be a partisan issue saying that democrats could come over because it is the right thing to do. however the opposition is

already lining up on the democratic side. for example, chuck schumer today described this as a tax break for the wealthiest. >> just about everything that the president, treasury secretary mnuchin, gary cohn, have said it is not embodied in this plan. they hope they can talk one way and fool the american people. we're not going to let them. reporter: leave you with two things on the numbers. you heard this from the president. the white house is arguing their plan for a family of four that makes under $100,000, that would take the standard deduction, they say their tax bill next year would be $1000 less than their tax bill in 2017. that is part of the argument. then there is the corporate side. we heard it from the president today. we heard it throughout the white house as well. they're saying there is a red line at 20% on the corporate rate. as you know the president campaigned on 15%. now 20 that they have outlined.

they say, cheryl and david, is non-negotiable. melissa: blake, really quick, republican congressman of peter king in new york say he may not be able to get behind this because of the elimination of the state and local tax deduction. if you're in a high income state like new york, california, new jersey, he has republicans coming out saying wait a minute. that seems to be another side of this fight we're already seeing start. reporter: that is part of it but the white house would argue two things. hey, by the time you add up the pluses, add up minuses, even with that deduction going away for most people, this is a net positive for them. to the flip, with this possible fourth tax bracket, by the time you lower that rate just a smidgen but take away local and state tax deduction the wealthiest would pay more. the bottom line all of this there is messaging issue i guess if you want to say, they have to explain to people in those states why it is good for them to take away that deduction. melissa: that needs to be explained to some of the

congressman, especially in his own party. blake burman at the white house. thank you so much. david: here is art laffer, laugher associates chairman and former reagan economic advisor and for all we know, a guy probably wrote some of this or at least inspired some of what we heard from the president today. generally speaking, art, what do you think? >> i think it's a pretty good plan. when he said red line, by the way, they have been described that incorrectly. he said a red line going above 20, not going below 20. he is open having it drop down to 15, clearly, was clear on that. there is one other thing you should know, as alternative minimum tax effectively eliminates state and local tax deductions anyway. a preferred item. therefore eliminating state and local tax deductions and amt is really neutral. it's a flat thing for most people. david: we heard about the wealth tax. i call it a wealth tax. they haven't named it yet, tax

on certain amount of income, nobody is certain how much. maybe people over a million and maybe less than a million. here is what they say in the gop tax plan. put up the full screen. quote, an additional top rate may apply to the highest income taxpayers to insure that the reformed tax code as least as progressive as the existing tax code. do we want the new tax code to be as progressive as the existing one? >> no, we don't. david: why do they say that then, art? >> you got me why they say that. pander something the properrage why tiff why they say that -- proper adjective. that doesn't bother me. what does bother me highest marginal income tax rate which is shown to be very powerful disincentive for economic growth. so, raising the highest rate is a mistake but the corporate rate coming down will increase that -- david: on this wealth tax for a second. >> it is not wealth.

it is high income tax. david: now, i think you're playing with words. forgive me. >> no, i'm not. david: saying a certain, if you are judged to be wealthy by some figure, that we yet don't know of, you will get an additional tax. that leaves, it is like -- >> i don't like it either. david: it is like a shark. you know congressman will look for a way to use this to raise taxes, no? >> yes, probably. some of these congress men, hub republicans want to get rid of state and local tax reduction and probably want to raise taxes. they're confused and silly. this is a good bill. not the best bill. i would like to see the corporate rate at 15, than 20. this is better than what reagan had in eight at this one. it will pass big time. david: hopefully we will have tax reform. there is the emphasis helping the middle. which is fine. everybody deserves a break, but i mean everybody.

one thing ronald reagan was is assistant about, across the board tax cuts from the very top to the very bottom. a lot of people said it was giveaway to the rich, you know this figure, not everybody out there does, from 1983 to 1989, cac cuts kick in, poorest 12%, made pestle% and richest made 20%. it equalized. >> a lot of people had no income, got jobs they didn't have. that is not in the numbers. the best form of welfare kennedy said is high paying job. we want job growth, more than pandering redistribution and static numbers. these cbos, other people are static should be thrown in the garbage. growth is the answer, only answer. let's go for it. david: growth is the only answer. that is good for me. that is my mantra for the coming

political season. >> you are happy today, aren't you? , more or less. i'm concerned about some parts of it. >> so are we all. david: that is what compromise is. you don't get everything you wants right? >> i'm with you 100%. i will compromise even on that percentage. david, you're wonderful. david: good to see you, art. thank you very much. >> bye, now. david: cheryl. cheryl: you heard details from the republican tax reform plan but can they actually come together to pass it? we're already hearing not everyone is on board. is this health care all over again? we'll ask congressman from georgia, buddy carter. ♪ new roads and bridges. new mass transit. new business friendly environment. new lower taxes. and new university partnerships

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♪ yes you can ♪ well i'm gone david: stocks getting a shot in the arm when republican leadership held a media event on their tax reform plan. that happened at 2:15 this afternoon. that is when the stocks went up a bit. the dow closing up more than 56

points. nicole petallides, on floor of new york stock exchange. it wasn't one of those rock 'em socks 'em reactions but it was significant? >> david, they like the idea that the tax plan is coming to fruition. they like to see if it goes through. even republicans are somewhat split on tax plan. big picture we set records. s&p 500 with all-time record high. records for the russell and dow exjones transportation level. to record levels or 52-week highs. jpmorgan and citigroup had up arrows. also, russell, small caps got a pop with new high there. we can look at some names with great moves. overstock, just to name one leading the way. but the financials were really great today and technology was the other big stock. nasdaq, david, just missed a record close, the 50th of 2017. we'll wait for that one. we'll get it soon enough i'm sure. david: what is significant,

russell 2000, small and mid-sized stocks had a huge day. that clearly had relationship to the tax reform plan. >> absolutely. david: nicole. great to see you. cheryl. cheryl: it did, obviously it is about small businesses, small companies. jonathan hoenig, capitalist pig hedge fund, fox news contributor is here. let's start with the russell, getting rid of estate tax, helping out small businesses and mom-and-pop shops. this seems to be story for russell, jonathan. >> certainly one of the factors helping the market continue, cheryl, to pal around with new all-time highs. lowering taxes is good to lower on them with anyone that pays them. it is moral, morally right to let people keep invest their money. you're seeding this stock market as nicole said. 400 new highs, only 52 week lows. the worry is about borrowing, paying for tax cuts.

borrowing is just as bad as taxing, you just don't see the victims. this is net-net positive for the stock market and you're seeing it in new all-time highs acrossed board. cheryl: to be clear, kevin brady stayed behind in washington, making comments while president trump was on stage in indianapolis. we have to get the budget together first. this is the way it goes down. you talk about i am tack the budget and can tax reform fit into that. looking at banks and technology names and technology stocks came back. with banks in particular, part of this is not just the tax story, but more likely talking about the interest rate hike in decent. this is good for financial companies. good for jpmorgan and goldman sachs. are you bullish once again on financials and is tax reform a part of that as well? >> i think you have to be cheryl, as you alluded to. new 52-week highs for some big banks. the real story in the day in the stock stock market, with a nice

up day, but bond market, long-term interest rates take a move higher. this could be sign of inflationary pressures down the line and are interest rates higher down the line? interest rates continue to creep higher, perhaps even higher than the federal reserve would like ultimately. we'll have to see. here now the bull market continues for stocks. cheryl: that is a good point. 78%, we're getting interest rate hike. that was new high. all that churned this afternoon. jonathan hoenig, thank you very much. >> thanks, cheryl. david: the next battle on capitol hill, getting you that tax cut by the end of the year, is it possible particularly after multiple gop failures on health care? georgia congressman buddy carter is here. cheryl: the war of words continues between the president and nfl. the war of words or war of the war. the controversy won't stop. we have howie kurtz, fox news media analyst is talking about it.

>> we have to respect our national anthem. we have to respect our country and they're not respecting our country, most importantly the fans agree with me. ♪ strategy the same way to create a financial plan built to last from generation to generation. we'll listen. we'll talk. we'll plan. baird.

>> we're going to cut taxes for the middle class, make the tax code simpler and more fairer for everyday americans and we are going to bring back the jobs and wealth that left our country. our framework will stop

punishing companies for keeping their headquarters in the united states. we will propose a one-time low tax on returning money already offshore so it can be brought back home to america where it belongs. david: the president in indianapolis, selling the gop tax cut plan just moments ago. it's a simplification plan as well but will republicans stand more united around this plan than they were around repealing obamacare? here is congressman buddy carter, republican congressman from georgia. so congressman, it feels a little different than obamacare. i mean obamacare reform frankly had so many different plans, this seems to be a more unified plan, unified by senate, congress and the executive, no? >> no question about it. i think we learned some important lessons through health care, and i think we put those lessons to work in tax reform now. i was, i tell you, i haven't

seen the conferences energized as they were today. i have never seen them that energized. i was very, very excited about that. i'm very excited about what is happening with tax reform. david: we do already have a couple of dissenters among the republican caucus. two republican congress people, claudia tenney, dan donovan, both from new york, not coincidentally, both object not deducting state and local taxes which are very high in new york and other states from the federal tax code. do you think that is a deal breaker? >> i don't know that is a deal-breaker. we talked about that, we knew this would be concerned, we knew some states like new jersey, california, if we took a tax break for property taxes so high in those areas. it could be a problem for them. i understand all politics is local. i understand that they have got to vote their conscience but i think overall, the reception to

the tax plan was overwhelming, within our conference. david: all right. there is also this proviso about the top earners. it says, an additional top rate may apply to the highest income taxpayers to insure that the reformed tax code is at least as progressive as the existing tax code. now art laffer didn't like that language. he thinks the existing tax code is too progressive. what amount are we talking about? who is going to get this wealth tax? somebody making more than a million or what? >> well those parameters have not been set yet. we have not set the financial parameters which the three tax brackets apply to. 12%, 25%, 35%. there is a possibility there may be a fourth added on. but again we haven't set the financial parameters which they would fit into those four. david: i'm sure democrats will love that. you will hear a lot from them on that but senator thune, republican senator thune at the

conference where the plan was unraveled today said the follow about democrats, perhaps joining republicans in tax reform. take a listen. >> i hope that there will be some democrats who are willing to work with us because this is what they say they're for. if they're really for middle income tax relief, why wouldn't they join hands with us to make it a possibility for the american people? david: now there are something called blue dog democrats. you don't see as many of them as you used to, a lot of them from your neck of the woods down south. here is what they said. this year the national debt surpassed $20 trillion for the first time in u.s. history. we can not afford to add more debt to our nation's credit card, presumably the finish of that sentence is cutting taxes. to hear democrats complain about the debt is really something, isn't it? >> it is something, and i will have to tell you, it is ironic, i agree with you. but they're missing the point here because this tax reform, first of all, it is aimed at the

middle income families and middle income earners. that is exactly who this is for. it will put more money in their pocket, which will put more money into our economy, which will have a ripple effect all throughout our economy. i too am very concerned about our national debt. i always said, said we have to do three things. we have to cut spending. have entitlement reform. thirdly, most importantly, we have to grow our way out of it. we have to get out of it anemic, 1 1/2% growth rate. get up to three, 4, 5% growth rate. that way we do something about the national debt. david: congressman, we got to go, but the percent, your percentage of the chances of passing this bill before the end of the year? >> i'm very, very confident. very confident. david: 80%, 90%. >> 80, 90% would be accurate. david: buddy carter, good to see you. best of luck to you. >> thank you. cheryl: all right, state of alabama dealing a big blow to the republican establishment. what the vote for roy moore?

in the senate primary mean for midterms next year and republican party going forward. ari fleischer, former george w. bush press secretary will sound off. he is coming up next. that whether times are good or bad, people and their ideas will continue to move the world forward. as long as they have someone to believe in them. citi financed the transatlantic cable that connected continents. and the panama canal, that made our world a smaller place. we backed the marshall plan that helped europe regain its strength. and pioneered the atm, for cash, anytime. for over two centuries we've supported dreams like these. and the people and companies behind them. so why should that matter to you?

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>> the nfl is in a very bad box. you can not have people disrespecting our national anthem our flag, our country, that is what they're doing. in my opinion the nfl has to change or you know what will happen? their business will go to hell. david: there are signs it is already happening. president trump suggesting that the nfl business model was in trouble because of its unwillingness to demand players get off their knees during the national anthem during the game. neil send's reporting nfl ratings for first three weeks of the season down 11% compared to last year. fox into us media analyst, host of "mediabuzz," howard kurtz joins me.

good to see you. first of all, did you have any idea that the president made these comments on friday he was tapping into a deep well of resentment among the american people on this issue? >> he was tapping into a deep hunger of cable news for this kind of issue because here we are day 5 and six, reporters are asking him about it and still going strong. yeah, i was little surprised how much resonated on both sides, yeah, people who think the president is right and players should respect the flag, and not protest while they're working. others feel like it is a perfectly legitimate form of protest. david: media, day after, day after that, sunday talk shows i think were completely unified, almost completely unified in opposing president trump. then the american people began to speak through youtube and individual protests. we heard more. seems like the media doesn't get it, get something that donald trump does get. >> clearly there is a disconnect between most newsrooms and the

many people in what you might call the heartland of the country, who are angry and resentful towards what some of these multimillion dollars players do. ratings down 11% for the season. some predated the president's attack. we can't entirely blame it on it. nfl has a lot of problems. people are not seeming, concussions, people are not seeming to tune in same large numbers. david: there are some issues about the business side of all this, that directly relate to the players taking a knee. for example, direct tv is offering to give something back for what they call sunday ticket. it is over 250 bucks. that is significant. apparently a lot of viewers take advantage of it. there are serious economic consequences to the nfl not taking a hard stance on taking a knee. >> sure, look. i have read people saying they have been lifelong football fans

for decades, and they're so upset with some of the teams did, players did this past sunday, they refused to watch. we'll see whether they continue to refuse to watch. i'm so fascinated. there certificate no storyline, david, why does the president keep talking about this? he should talk more about the devastation in puerto rico, other issues, except cable keeps putting it at the top of the various shows. and reporters keep asking him about it. then they blame the president for engaging because he answers honestly. he doesn't like it. he will keep it up. david: americans, their voice wasn't being heard. the president does have the bully pulpit. and he sensed that americans were more resentful about what was happening in the nfl than was reflected in the media. sew figured to take his bully pulpit and use it to broadcast this. it seems to have a lot of effect. >> classic trump technique. he has his finger on the pulse certainly what his base is thinking, and a lot of americans but at the same time some of these athletes have a big platform. they have hit back hard at the president, creating a classic

debate. david: howie kurtz, great to see you. appreciate it. cheryl? cheryl: well the state of the republican party. sweet home alabama for roy moore last night, but what his victory could mean for the future of the gop. ari fleischer, former george w. bush press secretary is here. he is next.

cheryl: showdown in alabama. roy moore, the outsider candidate, beating establishment and trump pick luther strange in the crucial gop primary. the victory reverberating throughout republican circles, possibly sign of things to come for the future. here now, ari fleischer, former white house press secretary, fox news contributor. good to see you. >> great to be here. cheryl: this gop primary is seen as referendum on president

trump. if it was, he doesn't come out looking so good? >> no, he made his case. he lost his case. i don't think it was referendum on trump. if you ask the media it is referendum on trump. if you ask voters of alabama, it was a choice between two candidates. they went for more outsider candidate. cheryl: what is interesting, you would have thought president trump would have gone for the outsider candidate and he didn't. >> that was a surprise. cheryl: i didn't understand the decision by the president. >> for people that said donald trump represents firebrand new outside of politics, he endorsed the quote, unquote, candidate after his chuck and nancy conversation. maybe donald trump is trying to figure out who to be more accommodating for things in washington. cheryl: what do you think roy moore means for the senate? if he wins in the senate, he will go up against a democrat in december, what does it mean for the balance of power in the republican senate? >> that is much more question than referendum on donald trump. how will he vote? will he vote for repeal and

replacement of obamacare which almost passed with 50 votes? what will he do on tax reform. he said as long as it is constitutional i'm for donald trump. i will support the trump agenda. that is what roy moore said last night. i suggest it was a bad day for the president, because his candidate lost. it would be same future whether strange or moore. they will still vote the same way. cheryl: overall state of the republican party, if you will. is certainly isn't my pub -- my father's republican party at some point. meghan mccain said that also. health care showed a deep divide in values, core values. >> both parties are breaking down. both parties have insurgent wings very powerful and parties are unsettled. we're going through the age of unsettled era in american politics. that is why donald trump won. it was reaction to barack obama. we really much less through the idealogical left-right spectrum than we in if the '80s, 90s, much more insider, outsider

spectrum. that will break down in multiple, unpredictable ways. >> when you were in washington under president bush, seemed like there is more bipartisanship than now. >> yes. cheryl: maybe you disagree. i wasn't. seems there can't be much bipartisanship right now, we need that for tax reform. >> there was much more bipartisanship then. large part, george bush was partisan governor, who knew how to lead as bipartisan government man. there is more insider, outsider issues than the left-right issues. when you're measuring outsider, insider, there is less room for compromise. cheryl: seems like the white house staff anyway somewhat balanced out. seems a lot less leaks. seems general kelly is kelly gotten things more in control. you were at the white house. what do you see? >> the leaks were debilitating before. too many powerful factions and camps. general kelly largely shoved that down. it makes for a more smoothly-functioning white house. a white house where staff can survive a day.

i'm all for more of it. cheryl: i loved sean spicer a little bit. he was more entertaining. good to have you, our washington insider. david. over to you. david: we like him. nationwide may be on his side but what about the american voter? great peyton manning is under pressure to pursue a different path. an next. ♪

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>> cheryl: americans complaining this week about politics and football but how about football players in politics? it's happened before with buffalo quarterback but coming up new york congressman vice presidential candidate as well. >> david: now in the kim p mode some are suggesting that the legendary quarterback peyton manning replace retiring tennessee senator bob corker, and manning's poo-poo'ing the idea but some think it's in the cards and a lot of people wonder what about tom brady for president? >> cheryl: i'm not a big tom brady fan but i love peyton

manning but i'd rather see him as a sportscaster. >> david: or a a coach of a team in tennessee one of our producer s wants him to do very much so we'll have to wait and see that does it for us thank you for joining us risk & reward s starts right now. >> 1981, our critics charged that letting you keep more of your earnings would trigger an inflationary explosion, send interest rates soaring, and destroy our economy. well, we cut your tax rates anyway, by nearly 25% and what that helped trigger was falling inflation, falling interest rates, and the strongest economic expansion in 30 years. >> president trump: it's time to pass a tax cut for the middle class families, we're giving you the biggest tax cut in the history of our country. >> by lowering everyone's tax rates all the way up the income scale, each of us will have a greater incentive to climb higher, to excell, to help