tv Cavuto Coast to Coast FOX Business October 25, 2017 12:00pm-2:00pm EDT
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doing extremely well, getting no coverage. the president was watching, picked it up, retweeted that video to me now. or to everybody, actually. 33 million people. neil cavuto. it is yours. neil: well, ladida. funny, president tweeted out stuff about me too. i just can't repeat it. i decided best not to. thank you, buddy. i appreciate it. there we go. whatever the president is tweeting now, he is is focused like a laser beam trying to get the tax talks concluded and tax cut done hopes by the end of the year. with the dust-up with republican senators flake and corker, you wonder whether that could spill over into nastiness might carry over into the vote. both gentlemen say they will not happen. they will vote on the tax package overall merits. this is not a slam dunk by any
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stretch of the imagination. to connell mccain, mccain, mcshane. i'm thinking of another senator that might be iffy votes. it is not so much as of a battle in the house as you indicated. >> it is not a lam dung, is it? reporter: no, the kevin brady comments people are look at trying to interpret. it is interesting, neil, the president in addition to the pro-varney tweets we're focused on, he had anti-flake and corker tweets this morning as well. that seemed kind of a sideshow, that will not derail effort on tax reform. senator flake and corker despite differences with the president have said pretty much they can support the tax reform effort. they want to see details like anybody else. they can support it. that goes in line what senator rand paul said this morning. he was on "fox & friends."
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senator paul is not a guy who has seen eye-to-eye with the president, even voted against the budget but here is what he said. >> i think the president is one of the boldest people we've had in the white house in a long time cutting taxes and i will support him there. it doesn't mean i will always support him. i try not to make it about personalities or someone saying someone has less of a character than they do. reporter: not about personalities. brings us to house side capital, and ambitious. tomorrow is a big day, we have the husband budget, that comes first. go to the bill being introduced. we should see a bill by wednesday of next week, the first. the house ways and means committee will mark it up. the week after that, still before thanksgiving, could see house action. they want it before thanksgiving out of the house. that is ambitious. what we're considering now, trying to figure out implications of, comments at breakfast here in d.c., from the
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house ways and means committee chairman, congressman kevin brady. he said a couple things. idea there would be a deal in place, take off any table any contributions americans pretax make to the the 401(k). brady said that may not be the queso we're not sure. there are no deal in place for deductions on state and local tax, at least a final deal in place, something very important to republicans in high-taxed states. as much as republicans say they're in pace to get this out of the house by thanksgiving passed end of the year, there are details no doubt that have to be worked through. neil: what brady said about the 401(k) deduction, kind of echoing what senator corker said to reporters lambasting the president, you shouldn't be decided what they can take out of the package. let the committees decide. they have a lot to subtract to make the package work. i wonder if there is a little
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bit of a rift here. reporter: a little bit? there is a rift here. i don't know if one between chairman brady and president. corker stuff speaks for itself. in senator corker's television interviews, said, let professionals handle this, essentially the gist. that is what he is saying, foreign tax policy. with brady less clear. we don't know what he means. neil: have to make sure it adds up, as chairman of the house ways and means, he has to make sure it adds up. >> right. but the thing, neil, there will be a bill next week, even with this not figured out, rest of it. there will be a bill, hell or high water next week. we'll see. neil: thank you very, very of. connell mcshane. who gets the 25% rate, 35% rate, what if there is extra bracket that ensnares folks like our charlie gasparino, joins us and
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goldman sachs best-selling author peter concern mean and trump advisory board member nan hayworth. nan, we start with you. at least on november 1st we'll get broad parameters, what level rates kick in, who will get kicked in the you know what, in other words then the real fireworks start, right? >> absolutely. they do need to show they are moving on this. there is psychological component on this that is very significant. that is what is moving markets right now, as you know, neil. they will have to come out very, very strongly in favor of what benefits the middle class. 401(k)s are one of factors that definitely does benefit the middle class, that is something they can do, put away for the 401(k)s. neil: thinking being that, if you loosen the tax deductibility, they won't be putting money into 401(k)s? some argued in that industry they still will. >> look, we want to be able, we want to be incentivized to save for the future.
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401(k)s are one of those cherished constructs of the recent couple decades. >> everything is cherished though. neil: that is a good point. >> 401(k)s, the fdic insurance on deposits. neil: state and local tax deductibility. something has to give. >> still trying to get my hands around stuart's statement, we don't cover the trump market, the recovery. neil: he does not like us. there is so much to like if you think about it. >> particularly me. neil: i'm not a dweller. i'm not a dweller. >> neither am i. the market is down today, mr. president, because of you. >> we're not bitter. neil: gaspo said. >> if you think about it, as we reported last week about the markets we were talking about what happens if they don't get a tax cut now? for a long time i argued net-net
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trump is better, regulations are lower. i buy this market as long as corporate earnings kind of hold up. there was psychological -- he is not hillary. people can plan for the future, if you think about it. under clinton if clinton was elected you wouldn't know what regulation was coming next. here is the thing. there is a psychological shift in the markets i believe based on talking to a lot of traders that they want to corporate tax cut. here is the rub. neil: if they get nothing else. >> but here's the rub. will the gop do watered down individual tax cut which it looks like it will do and put all its eggs on 20% corporate tax rate, how does that play with voters? >> i think you're on to something, charlie. we're focusing so much on the binary outcome, will there be a bill, won't there be a bill. where you say, i don't believe, corker will not be, nor will jeff flake be the fulcrum that destroys the tax plan but are we getting the best tax plan? i think we're on a path to
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mediocrity? i don't think we'll get something that energize the middle class like the campaign. neil: it is better than nothing, get something done even if not great, beats the alternative not doing jack you know what. >> if we get a 15% reduction or something like that on the corporate tax rate, that is pretty good. neil: even if you've been tantalized by all the other options? >> i really focus much more on small business. i like the pass-through stuff far more. >> here is just the logic from the business standpoint, get pass-through to 25%, corporate down to 20, that is a real cut, keeping deductions. you get that, what they look, what they're doing is fiddling around on the individual side. they don't want to blow the deficit with individual. let me make this point. that to market and business and economy would be very good. politically, just politically i don't know if you can sell that where you have midterms. neil: we're respectfully disagree with my italian friend,
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i think a lot of individuals too, look forward to an individual cut in rates. >> yes. neil: all individuals, all income streams. >> well -- neil: i do think, say what you will about the wealthy, if they find out not only is their rate going to remain 39.6, whatever to peter's point on corporate rate or other allowances definitely in their favor. furthermore, at their level they might lose that deduction for state and local taxes, i think that will jar them. >> it will. neil: i think at just a local beast level, they will have a beastly reaction. >> s.a.t. word called conundrum. neil: yes. >> the conundrum since the high-five% pay most of the taxes -- neil: you're taking them out of it? i don't think that will go down. >> i'm saying keep everything the same. taxes on people that make a lot of money that would be
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stimulative. neil: i know the logic what they're saying about corporate thing, investment related taxes, all that is accurate but i do think there is something, we see life in their own prism and wallet. if that crowd says wait a minute, not only am i paying the same, some cases i'm paying more, i'm not happy. >> i think a lot of the challenges they're thinking hard about how the cbo will score this thing. neil: they won't score it well. there is no way they will score this well. >> there is a divide between the statics, and dynamics. that is part of the problem. neil: whoa, he used conundrum. >> how do you like that? those who say we have to preserve revenue streams and those who say look -- >> look who is leading the effort. >> we're going to grow the economy. >> the guys came up with this plan, steve moore, art laffer and kudlow, right? larry kudlow. look who is leading it? mnuchin who supported democrats
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in the past. gary cohn is a definitely a democrat. neil: a lot is watered down. >> my faith is not in those guys. my faith is donald trump steps in that says you have to do something bold but doesn't look like it is going that way on individual side. >> good news, we're evolving into something smarter. i did not like the border adjustment tangs. >> that was statists thing. neil: 1.5 trillion for tax revenues lost and cost of this thing. neil: you know numbers better than i is five trillion, they haven't found growth to pay for extra trillion out of that, where do they come up with the other 2 1/2 trillion? >> i know gary cohn and steve mnuchin, worked them for years, they are believers in growth. they to not worship at the altar of cbo. neil: they do not worship at the altar of supply-siders.
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>> a state and local taxes and couple of sacred cows -- >> i would just say this, gary cohn is a liberal, okay? if you're trying to say that a lib room is going to push through the greatest supply side cut ever, i mean defies, bog fells -- i just don't believe it. now the other thing gary cohn is, he is a corporatist. he really -- neil: another big word. a lot of words here. >> take, i will take -- neil: rid ridiculous. >> he wants 20% corporate tax rate. i don't have a problem. that is really pretty good. politically for the republicans, can they run on no tax cuts or marginal stuff on the margins for individuals, and a huge corporate tax rate? i mean that could be demagogued pretty easy. >> for president's base, it will depend on people put back to work across the country. >> i agree. >> they need dynamic of business relationships. >> i agree. >> middle class families will
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need to proceed. >> think about the corporate tax rate and repatriate the money. i think it is great. it will be very good for the economy ultimately. but at first companies will do stock buybacks, okay? they will hold on to cash. they will do other crazy stuff instead of expanding plant and equipment. chuck schumer, nancy pelosi will hammer republicans. they cut the corporate tax rate, have repatriation, and gave friend in corporate america a huge stock buyback and stock market is up. neil: what will they do with that? >> three people should benefit, shareholders and employees an customers. if you don't do something for all three with the repatriation and massive tax give back you will fail. one of those things if you do it -- >> they probably won't. neil: you will be in a conundrum. >> a big conundrum. >> from jfk, a riddle wrapped in a conundrum. neil: with a new england accent. it would not be a bother. we have a lot more coming up, dow down session lows down 150
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points. a lot reading into this housing numbers that might prompt the federal reserve to aggressively raise rates. a lot look at logjam with republicans balking attacks deal keeping deductions in place and others saying not keeping deductions in place. is not done americans the conundrum. is this a phone?
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neil: this is a fairly big story. hillary clinton still dismissing it. think about her campaign. the dnc helping to pay for this dossier, linking donald trump to russia in any way, shape or form if they could. more details coming on this russia uranium deal that might have benefited clinton foundation to the tune of $140 million at the same time she was secretary of state. at least there is a lot of curiosity there, at least, but you won't know flipping around where the story by and large dismissed in favor of personality rivalries and like in the republican party. what is going on there? to the washington "washington f" liz harrington and. so much we don't know about the story yet, but fair game to get to the bottom of it, right? >> absolutely. these are huge scandals, huge
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stories just in the past week with "the hill" breaking the stories russia and fbi led by robert mueller, overseeing the investigation they sat on four years which uncovered bribery, extortion, bill clinton receiving six-figure dollar speaking fees from moscow, the foundation receiving millions of dollars while hillary was secretary of state and overseeing the uranium one deal. these are huge scandals. actually the justice department blocking its own fbi i am for -- inform. neil: i'm not a lawyer. if the justice department is aggressively asked to provide information from either party under either time either party's president have at it, being stonewalled regarding this matter. what do you make of that? >> not allowed to talk to congress even, this i am
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informant. according to his his lawyer he wants to talk. that should send up a red flag for journalists, there is a story there, you said it. we've been tracking coverage since trump took office. there has been 1000 minutes on the abc, cbs, nbc evening news about the trump russia conspiracy theories. on this hillary uranium story that broke last week, we got first 20 seconds of coverage last night, which consisted of abc's anchor saying hillary calls it baloney. that is the idea of their covering the story. neil: liz, it might not lead to anything here. there are a lost signs of smoke where they should be pursuing where this money came from, whether it was directly tied to the uranium sales to russia, all of that, there are a lot of legitimate questions to ask. i heard a number of liberals explain it this way. she lost the race.
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it's a moot point. that is how it was justified the disproportionate coverage. what do you say? >> sure they're acting like that but the whole reason for this russia investigation in the first place to justify why she lost. that somehow the election wasn't legitimate. that donald trump won only because of, from help from russia. but which is just a lie. and, they have spent how many months looking into this and have not found single evidence of collusion between trump and russia but the more and more they dig, more and more connection between the clintons and russia. now they're paying for dossier. you have john podesta on the board of that energy company that received $35 million from russia affiliates, that somehow closed coincidentally after the election when they could no longer profit off of a hillary clinton presidency. the more and more you dig around this uranium one deal, the more and more it looks bad with russian ties to democrats, not republicans.
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so of course, i'm glad congress is investigating this. you have three committees looking into the uranium one deal right now. that is exactly what they should be doing because there are some questions. neil: the same political thought, rip, what i did note the republican chairman talking about this, this house committee looking into it, not the democrat. just when the investigation was picking up steam on president trump, it was largely the democrat that, minority leader of that committee speaking about this, it always gives the appearance of being politically motivated on both sides and the ball doesn't seem to move. >> right. you know, what i guess people would expect is the media to be a little more objective about this than the politicians. you know, the story we were told is that, this is unprecedented effort by russia to manipulate our politics, talking about the election. the story has been painted in "the hill" and other sources is unprecedented effort by russia using bribery and other means to
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get into our you rhine yum ministry. if you're interested in one you should be interested in the other. neil: absolutely. >> seems like awful lot of politics. democrats are stonewalling. it is not stonewalling when republicans are partisan. neil: when the fish stinks, both sides should say, hey, the fish stinks. thanks, guys appreciate it. >> you bet. neil: there are feud by now you know between two prominent republicans and president of the united states. put yourself in that position, if you really don't like someone, are you tempted because of that distrust, maybe that hatred to screw up everything that he wants to do? that is the question they're asking now, because the fear that they have is that these are two guaranteed no votes on tax reform. really? after this. kes it easy to tell . that, and i am better looking.
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neil: this could be a case where good news is being interpreted as bad news. explain in a quick second. september new home sales surging 19% what they were in august. that is the total in september. some might read that as the federal reserve better get on the stick to raise rates maybe more aggressively than it was originally planning, that could, i stress could, weighing on stocks and some bickering in washington what should be tied to that budget vote. some are saying at least in the house that they're not quite pleased about deductions left in, deductions possibly thrown out on both sides of the aisle enough to doom that vote. way too soon to tell. with us now is house judiciary committee member jim jordan. >> you bet. neil: so much i want to get into with you, sir, including the latest investigation into the clintons but first off on the division within your party, among some, over just approving
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that senate budget. because some see a lot of warts in there and they don't want to just willy-nilly approve as is. what do you think? >> it is not a great budget but i think it will get approved. i will vote for it. we want to get on tax reform. the budget we held up freedom caucus until we get a framework, what the tax fill will look like. will it simplify the code, will it be a catalyst for economic growth? we're satisfied the framework is moving in that direction. so we supported it. time to get the bill out there, let's pass the budget and bill introduced and move on for the american people. neil: this whole dust-up between senators corker and flake and the president, i know the other end of the capitol, but how do you feel about it? >> yeah. neil: do you feel it is getting in the way of getting all this stuff done? >> i think we should focus what you said, neil, focus on what the voters elected us to do.
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house freedom caucus, i say this all the time, it is pretty basic what our job is, do what you told the people you were going to do. that is the commitment from the house freedom caucus. that is the commitment from the president. forget about what is dead or tweeted or everything else. tell the people we'll do what we told them we would do and what they sent us to do. neil: i don't want to weigh in the personal nature, since they started it, the charge they're both basically making the president ain't wrapped too tight. what do you think of that? >> i think that is wrong. the president is sent here to change this place, drain the swamp, think about it, a few years ago, dave brat beats eric kantor. no one thought that would happen. a group on capitol hill, house freedom caucus. sitting speaker steps down in midterm and donald trump gets elected president. great folks of state of alabama sends roy moore here who i think will be their next u.s. senator. if that doesn't send a message
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to the establishment, i don't know what does. let's focus on what voters are trying to say needs to happen in this place. let's get that done. i think we'll all be a lot better off. neil: do you worry steve bannon and his like are getting so aggressive about this they might hurt your party's chances not help? >> i worry about folks in office not doing what they said. six republican senators, on obamacare repeal, voted against the very thing they supported 20 months ago. exact same legislation, offered asment. what we put on president obama's desk, they voted against it. i don't know how you do that, go back to your constituents and face that that is what they did. so many americans are fed up with. they want to see the town change. neil: you're not eager to debate what is, copable and unkeepable in that tax package but, there has been a thought that on the state, local tax deduction, for example, phase it in for
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wealthier folks, they would pay it. wilbur ross advanced that, among others, commerce secretary, for very rich that would stay in effect as higher rate for very rich beyond the 35%, keep them at 39.6%, would you support those measures. >> neil, what we need is the bill. one of the things the freedom caucus said we'll support the budget we don't necessarily like if it gets the bill introduced and have the debate and answer questions you're posing. we can't even deal with all this until we get a bill with text having policy in it, have markup and debate like we're supposed to so the american people can see it. that is what we're supposed to -- neil: if that is in the final bill would you be opposed to it? >> you have to see it in context. i want those three key principles, will it let people keep more money and simplify the code and foster economic growth. if those three questions are answered we'll be for it but we have to see the package.
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neil: focus on what you're gathering and collecting on the clintons and more important to the point, what deals were made to get uranium shipped to russia that might have benefited clinton foundation at time when hillary clinton was secretary of state. a lot of democrats saying this is much ado about nothing. clinton said as much this morning. what do you think. >> previous segment, think about this hillary clinton and democrat national committee pay fusion gps to produce the dossier. what has been reported, at least reporting becomes catalyst for investigating trump and surveillance and things done regarding president trump. we learn earlier, that the fbi had been looking into this whole uranium one deal and kickbacks and bribery, extortion, all kinds of things, and looks like they failed to inform anyone in the respective agencies involved in making decision on the uranium one deal. who was in charge of the fbi? who was the key person at the justice department overseeing all this?
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bob mueller and rod rosenstein. isn't that interesting? interesting that the guy at fusion gps, mr. steele, has taken the fifth. everyone around clinton takes the fifth. i was on the benghazi committee, bryan pagliano set up the clinton private server track the fifth. christopher steele with fusion gps takes the fifth, when it comes to answering questions, this cries out for investigation. amazing took this long to get here. i'm glad we're investigating. more important the american people -- neil: are democrats on our committee zealous to do so? >> think about the fact pattern i went through. anybody should understand, wow, this smells, this smells pretty bad. maybe it is all fine. maybe there is nothing here. but sure looks like there is something here. sure starts to smell pretty bad. seems like any reasonable, rational person should say, we should at least look into it. neil: congressman jordan, thanks for taking the time. >> you bet. neil: when we come back, gary
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neil: all right. we are down 185 points, close to session lows, maybe at session lows. volatility seems to be returning our editor charlie brady, up there with lizzie wicked as very smart guy, this would be first kind of volatility we've seen since september 5th, certainly highest since september 5th, that might add spice to these markets, adding concern when they have been relatively stayed with measured responses likes we haven't seen for some time. a variety of reasons for this. maybe including a better than expected housing report that have some thinking the federal reserve might have to up the
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interest rate hiking ante. some concern as well maybe these tax cuts will not be a slam-dunk. we'll get into particulars with the fellow you might recall, gary johnson, 2016 libertarian presidential nominee a very, very smart guy. governor, food to have you. thanks for coming. >> thanks, neil. neil: do you pay attention to the markets that much? they going up and up. nothing foes up forever. volatility may be returning, whether these tax cuts happen, what do you think what is happening? >> i follow the markets every single day, my hobby as a lot of people. hey, we haven't had any volatility. historically speaking, i guess the last several months, six months have been the least volatility in a long, long time. hey, it was coming. neil: part of that, was this frustration about these personality squabbles among republicans with the president and these two senators in
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particular. you know the drill. what do you think they are saying? >> i think they are spot on. the fact that trump is acting crazy, is that the role of an outsider, or, is that just being crazy? i think that the two of them are saying that it is just being crazy and i'm in that camp. neil: what if they are just bitter and the president says, that is what is going on here? >> well then they are wrong and he is right but i will take their side. neil: why? >> look, i think he is dismantling civil liberties. he doubled down in -- there were a couple things, several things he said that were very positive during the campaign. one of them, we would get out of afghanistan. we've doubled down in afghanistan. i would love to see transparency go along with diminishing the size of the federal government but there is no transparency to go along with this, other than
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twitter. it is not being transparent. it is just being inflammatory. neil: governor, they're all but calling the president crazy and unstable. do you think donald trump is crazy and unstable? >> i'm in that camp at the moment. i wish he were transparent about the things he is doing and to rule on the, to govern through twitter, look, i just think it is really dangerous. i think he hasn't, we have not taken action against north korea because of the potential of them launching a second strike. it just goes on and on and on. diminishment of civil liberties is my biggest concern, in the name of safety, we're giving up on what our constitutionally-guaranteed rights. neil: but his administration, he will argue, he has got to do something about suspicious individuals who freely, maybe too easily make their way into this country. you say what? >> i say that this is not a
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country based on fear. that we're becoming a country that is more concerned at least when it comes to donald trump, more concerned with safety. i think that is under, comes under the guise look, i want to get reelected because i will keep you safe. i think politics revolves around creating fear. elect me and i will keep you safe. neil: governor, they also seem to be saying that he is going to get us, that is the president, some trouble, some incident, something that will embarass us. what do you think? >> well embarassment is one thing but a strike for example, against north korea and north korea launches, that goes way beyond embarassment. that goes to what i think the two senators are talking about. neil: but if you think about our history unrepublican and democratic administrations, dealing with north korea, they're more emboldened and threatening than they have ever
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been? >> this is what we've been made to believe. it is outthere and what is, what are their second strike capabilities? nobody seems to be talking about that, and reason for why there hasn't been action taken. neil: do you think that everyone should get a tax cut, governor? >> i do. i think the size of government should be shrunk and everyone should get a tax cut. neil: if there is arguing whether the rich deserve a tax cut, what do you say? >> this country is about equality. the devil is in the details but overall hopefully tax cut does make its way through congress and trump signs off on it. i do believe that is positive. neil: all right. because, many argue to get democratic votes the overtures this administration and some republicans have made to get those votes by keeping taxes high on the rich is going to be a waste of time because he won't get democratic votes. what do you think? >> well, he can be transparent
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about why he would give the rich the same tax break that he give anyone else. and governing, the governing is the art of transparency and communication and i don't think he has done a very good job of that at all. neil: where specifically has he failed? >> well, i will go back to afghanistan. this, that he has not filled so many positions in washington, positive, but, why hasn't he filled those positions? walk us through why that is a good thing and why this is shrinking, shrinking government, good thing. walk us through it. maybe they hate him. they stopped him at every path, for perfectly valley reasons he alienates people, they're responding tit-for-tat, we'll slow your nomination process or zinc you that. they would not be the first party to do that. >> that comes under governance,
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that comes under governance and communication, transparency, here's what they're doing to me. please be aware of that. i don't, like i say, there is just a lack of understanding why he does what he does. and he, he can take, he can take the bull by the horns and communicate. neil: do you think he is the reason why stocks have increased to the degree they have over roughly the past year? >> i do. i think it has to do with tax cuts and i think it has to do with shrinking of federal government, which i do believe it is positive and yes, ultimately that is the reason stocks have risen as they have. neil: if we don't get the tax cuts, what happens? >> oh, i think that will, i do think we'll get tax cuts. i do think this is going to happen. so, in short term years, u.s. stock market is the place to be. that isn't to say there won't be volatility along the way. neil: if we don't get emthis, i guess what i ask you, would the
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markets turn south fast? >> i think they would turn south really fast. neil: okay. >> in my crystal ball, is that not going to happen. there will be tax relief. neil: what do you think of the role the russians played in the election? a lot of people say they were definitely trying to get donald trump elected. even the strongest liberal says they did not affect the final vote result. do you agree? >> i think i would agree with that. politics, turn the page, there is more revelations about russia. neil: right. >> this is what we deal with. this keeps you in business, neil. neil: it does, you're right about that you're right but let me ask you, governor, now there is separate investigation of the russians and a role they played with the clintons, more specifically, uranium shipment translated into millions of dollars went into the clinton initiative, all while hillary clinton was secretary of state. republicans say that is just as fair game and as fair
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investigation as anything they are looking to do with donald trump? >> i do. if hillary would have been elected we would be turning the page on daily basis with regard to these investigations. i do think that running for president myself, that i was most reflective of what americans think but clearly, that was not reflected in the election results. i'm not the person, i'm not the messenger here. i'm not the person that will get elected. i don't seek elected office anymore. neil: really? so you're not interested in running in 2020. >> i am not, no. i had my shot. and like i say, i was not messenger i thought we would have done a lot better, but it does boil down to two political parties. i'm in washington right now to petition the supreme court to ask the appeals court to hear our case against the presidential debate commission which i think has the opportunity to really level a playing field when it comes to politics, allowing for
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independents, third parties, libertarians, to actually have a chance. majority or, biggest, biggest group of voters are independents. well, where are they being represented in all this? neil: donald trump says, through him. he is doing it. >> well, i disagree. the founders never viewed, never envisioned political parties. maybe they did, but there wasn't any mention of political parties. there are more choices than just democrats and republicans, and i'm here in washington. neil: even though you're not running, you would be very much interested in a third party candidate from whatever third party, an there could be several, being on a debate stage with the two big guys? >> absolutely. it would open up the debate and like -- neil: what threshold in polling would have to be with you or would there be a threshold?
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>> there can be all sorts of ways they can change but right now it is 15% in the polls. neil: right. >> and in 99.9% of all polls it that were reported in 2016, my name was not on those polls. there were only two names on those polls. and that in and of itself, just if you can be, i was on the ballot in all 50 states. if you can be elected president of the united states, shouldn't your name be in the polls? that is just one of what could be dozens of ways in which this could, the system could get tweaked to be more fair. neil: real quickly, as things stand right now, do you think donald trump would get reelected? >> no, i don't. but then it is all about the candidates. who do the democrats put up? and, might we be successful in our, in our lawsuit and that there are other voices on the stage. you never know. neil: you never know. >> if you don't try, it is sure not going to happen. neil: gary johnson, 2016
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iphone x, whatever it is called out and fast. deirdre bolton with more on that. what's going on? >> this is their new fancy flagship product. it validates for the company this 1000-dollar price tag. we all have to have it available by christmas. usually apple doesn't get involved with the from the peanut gallery, we understand that you facial technology may not be as accurate as you want to be, apple came out 15 minutes ago, saying we did not take any shortcuts. so i actually think that is -- neil: shortcut on facial-recognition technology? >> originally it was supposed to be one in a million chances that i could be confused with you, for example. neil: that would be a scary technology. >> yeah, would be scary technology. so some analysts were saying oh, maybe the odds became less accurate because apple really does want these phones available in stores and for preorder for the people who actually do want them for christmas. so there were a lot of rumblings in the analyst community that
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maybe apple told the sum pliers, you know what? one in a million is great. that the goal for the next round but get it done. neil: don't you hear this made of a new phone or new device? >> there is always a lot of chatter. this is the biggest company by market value in our market. this is behemoth right? neil: right. >> it attraction a lot of question. iphone is a third of their revenues. neil: and with little wiggle room. deirdre thank you very much. the president in china being treated same way as mao. that is something i want to be try here. i want to be treated as godly a figure. i will. late. td ameritrade's elite service team can handle late.
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chubb was there within hours. they helped make sure it was safe. we had everyone we needed to get our museum back up and running, and we opened the next day. neil: we are now getting to post comments from the president regarding this whole dnc docket and the fed decision to run the federal reserve. blake. >> the president interview with lou dobbs that the place at the white house here moments ago as he replaced in the, the "washington post" door that was released last night, which says the hillary clinton campaign and the democratic national committee that have funded fusion gps to produce this dossier, which ended up leveling some fairly salacious details
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against the president and possible russian connections. the white house has been uncharacteristically silent on this or a dropped last night. no direct comments or the president. we lost the president a couple of times was disgraced peer here is president trump on the issue. >> what i was amazed that almost $6 million that they paid and it's totally discredited, a total phony. it's disgraceful. >> dossier the bomb. >> opposition research, opposition research is very standard. it is very interesting. she denied it appeared to run people deny that. everybody denied it and they are scooting around trying to figure out what to say. so they spent to be think of it almost $6 million in something
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like that it honestly i just think it's a disgrace. >> the president continuing to head just a little bit on exactly who might be the next fed chair with my folks, but right now the focus appears to be on john taylor and jerome powell and the president went to capitol hill. he surveyed senate republicans as to who their choice might be. interestingly enough come in the interview, the president explained that he likes janet yellen, and the current fed chair, the set of his upcoming decision whether or not he may or may not keep yelling from a decision like this is something which you might want to make his own mark. >> it is somebody am thinking about. i would certainly think about it. >> utterly rejected peer >> in one way you like to make your own mark.
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witches may be one of the things she's got a little bit against her. but i think she's terrific. we had a great talk and we are obviously doing very well together. >> the president said in an interview two or or three so that would be powell taylor and of course eln. heads overseas november 3rd. at the next week, we cannot, the president will formally announce his decision here in the president said is very close to the decision. neil: real quickly to the white house, an interesting series of questions yesterday to the briefing, senator corker, senator flake and if you had john mccain divac, they translate to tax reform, it would be dead right now. no guarantee that will happen. how concerned is the white house about trying to move those senators, whether at the presidential level or some other level just for that possibility?
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>> look, the president in this interview feels like there is unity within the republican party. when i asked sarah sanders about this yesterday, she did not seem too concerned that mccain, flake and corker would be no votes. when you talk to people at the white house the white house coming here so i'll tell you, neil. there's the politics that makes it onto the tv in the headlines and paper and twitter and then there is the reality of it. they feel pretty good here about where things stand. so while there might be all these headlines as to my day turned into a no vote, and where might they go with tax reform? at the end of the day, they feel pretty good us to the numbers currently and where this could eventually go. i don't hang there is too much of a concern that they might lose those folks, but there's obviously the political dynamics. neil: i wondered why they ushered you out of the room right after this question. blake burman, thank you.
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blake burman, thank you very much. senate rules committee member roger wicker. good to have you. thanks for taking the time. >> glad to be here. trained here. neil: do think the possibility between senator corker, flake and the president that translates into no votes on these things? >> i don't think it's much of a possibility and blake was right on point they are. these three senators on the rest of us will vote for what we believe is best for the country and clearly our tax system is out of date, doesn't serve the purpose of economic growth or job creation and we are on the verge with a good vote in the house, probably tomorrow to move within our senate budget. that will save us three weeks and put us on the fast track towards getting a tax cut for job creators and more take-home pay for american workers. >> one of the things senator flake said is he stated what
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alive does you and your colleagues are thinking, that this president worries you. does he? >> he didn't say what i'm thinking and unlike a lot of folks who've been on your show. i'm very results oriented and i am very pleased actually that the president spent so much time yesterday talking about the results that this administration , with the help of this congress has gotten in the first nine months, a whole sea change on the federal court. the >> senator corker said about meeting that that tax cuts actually didn't come up that much. is that true? >> that is not true. we had discussion and pat to me who's going to be very much involved in writing specifics of the tax bill had a great exchange with the president.
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i think maybe the senator missed that part of the discussion or maybe forgot it. neil: is there a friction between those two senators or anyone else? >> absolutely no friction whatsoever. it was a great meeting. i thought it was great to revisit what we've been able to accomplish together and they're sort of a popular misconception that we haven't done a lot. talked about the 70 bills and went to the truman administration and we haven't had so many bills passed by a new president and signed by a new administration in the truman days. so we've got a lot more to do with our disappointment with health care and we need to get back to repeal and replace of obamacare. we are about to deliver some real tax reform, tax cuts to the average american middle-class
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worker and if we do this, we are going to give a jolt to the economy from the likes of which we haven't seen in eight or 10 years. >> he could be a dicey wrote to back him in the house right now will vote on the senate budget, the ones who crafted good some of them are concerned about deductions that are income and deductions that should be out and there is no guarantee that passes. are you worried? >> i'm not worried. unmindful there's a lot of ways to trip, a lot of banana peels to slip on. we will see a great indication tomorrow with an overwhelming republican majority for this budget and that will save us weeks in the process and move us more towards tax cuts on president trump's desk by thanksgiving.
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that's what i'm gearing for. yes, sir. i believe we can do it and we will do it. neil: lastly, sir, some of the waste will buy that the numbers to pay for these tax cut as they should not deductions for state and local taxes for the upper income. wilbur ross the commerce secretary is open to that. there's been talk as well about phasing out deductibility as well for 401(k) plans for the president originally opposed to that. i understand the house ways and means chief kevin brady is not. your thoughts. >> okay, kevin brady did come back and make some suggestions publicly today to the president. what i'm going to decline to do if you don't mind his negotiate the deals come in the details of the tax bill in the media. neil: just whisper it to me. >> will tell you out, give your call about 11:45 tonight that i've picked up anything.
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neil: finally, all these comments, and senator flake's case continue to make on the president that is not able, that he's a danger. you don't agree with that? >> i don't agree with that and i don't see how that is helpful to the process. i know the senators realize we need tax reform and tax cuts for american workers. this bill would be a good deal for american workers and i just don't see how those comments are helpful when we have such a narrow margin and we are so close a really outstanding victory for american workers. neil: senator, thank you for taking the time. >> thanks for having me. neil: a guy who takes an approach to all of this. president and ceo lee speaker meant. what do you think the president was saying they are that this person or otherwise is much ado about nothing. what do you think?
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>> well, i think it's about to sanctimonious pseudo-republicans leaving for personal reasons are not running for personal reasons. i agree i don't get us any sensitive impact. i don't think even those two unfortunate senators, corker or flake will vote against the tax reform will put $4000 in the pockets of every middle income in this country and will grow jobs. neil: the president is now coming to the microphone here and maybe talking about just what you are saying. >> i understand they paid a tremendous amount of money. hillary clinton denied it, democrats denied it and now they said yes they did it, they admitted and are embarrassed by it. i think it's a disgrace. a very sad commentary.
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[inaudible] >> it's fine the way it is. we have great unity. if you look at what happened in yesterday's meeting. including john mccain we had john mccain we had a great conversation yesterday. it was almost a lovefest. standing ovation. there was great unity. bernie sanders and hillary clinton. there is great unity. >> this country is even better now. do you agree with that? >> i think it's bad. i think the media causes a lot of it. stories being reported.
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i remember the first time i saw them on television i was not really -- nobody knew in terms of politics. the first time i see him he was a democrat and said that's impossible. so look. terrible for the great people of arizona. even you will admit and you would've never won, even in the primary, so this way he can get
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that standpoint i think i'll be boosted in arizona because it's very unpopular. the fact that he did it the way he did it, i mean i'm very high in arizona. you know, all a good thing. i think it probably helps greatly in arizona. >> mr. president -- >> mr. president [inaudible conversations] >> i don't think they do that. they don't want the tax cuts. they know we need it. remit for the country, the middle-class, jobs. i don't think they did that. i really don't. i know bob corker. i think they feel they have to do it for this country. [inaudible] >> i think we will get some
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result. >> i believe there a certain democrats that if it they don't vote for these massive tax cuts for business, jobs and the middle-class, they will lose. i think the prize -- people don't understand i went to an ivy league college. i was an a student. i did very well. i'm very intelligent. the fact is they think -- i really believe i think the prius creates a footprint -- [inaudible] >> did the president apologize to david johnson's wife. >> it's always okay when somebody says something about you that's false. it's always okay to counterpuncher fight back.
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>> you had talked about -- >> you talk about the idea to things that are off the table. >> 401(k)s to be very important. that is one of the great benefits. i didn't want that to go too far. >> chairman brady who's the chairman of the house ways and means committee said it could be on the table. >> maybe it is a maybe we will use it as negotiation. trust me, that is one of the great things. you know, there were certain elements of deals you don't want to negotiate with. 401(k)s, and kevin knows that and i think brady is fantastic. he knows how important 401(k)s are. >> you told me last week you thought it was one of the big stories of the decade. three congressional committees are now lucky not that.
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>> well, i think the uranium sale to russia, the wait was done, so underhanded, for millions amount of money being passed, i actually think that's watergate modern day. [inaudible] >> say it again, please. >> what i'll do you want to know and have you asked the pentagon to tell you in about the country [inaudible] >> i can't hear him. >> what went wrong? >> i have to say, we are decimating crisis in the middle east. what is happening is built out of parts of africa and other places. when they get there, we meet them. it's a dangerous business i have to say. i didn't, not specifically. i have generals, these are great
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fighters. >> did you give authority to do this mission? >> i gave authority to do what is right so that we win. i want to read and we are going to win and we are beating as his very badly. look at what is happening to the middle please. we have done more and eight months than the previous administration has done in many years. what happens is you decimate them and that's always done. we have decimated isis in the middle east. they go to africa, when they get there, we meet them there. that's what goes on. it's a tough business, a tough war. but you know what, we are going to continue winning it. what i that said, my general semi-military, and they have decisions from that ability. i have been cnet just like you've been reading it. i've been getting reports. they have to meet the enemy and that's what happens.
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>> did you apologize to her? >> i'm extremely nice to her. i've never met her, but she sounds like a lovely lady. but i was extremely nice to her. i was extremely courteous as i was to everyone else. it's interesting. you folks have called many people that i spoke to. everybody has said unbelievable good things. [inaudible conversations] >> i can only say this. i respect her. -- i was extremely nice to her, extremely respectful. >> you made for phone calls to four different families. did you say anything different
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to any of the other three families? >> i would say basically in many cases one of the family of -- honestly, they poured their heart out. but i am always, you people are called many people i've spoken to in every one of them have said i could not then nicer. now how tough is that? i have such respect for those families. no one has more respect than i do. nobody. [inaudible conversations] >> we are lucky and then we will see what happens. i would love to, but we have to
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do something come including the law, including the security. we have to be able to stop drugs from getting into our nation. [inaudible] the tax plan is going to be incredible for this country. it's going to bring back jobs, cut taxes tremendously. we are going to bring back $4 trillion at least from overseas. that money is going to be put back. the tax cut is going to be massive. it's going to keep companies from leaving our country. [inaudible] >> not that i know of. the whole russian thing is that it turned out to be. this is the democrats with an
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excuse of losing the election. it's an election that's very hard for the democrats to lose. it's very hard to lose that election for democrats. you look at the votes. 223, they lost it by a lot. they didn't know what to say, so they made up russia. now it's turning out any look at what's happened with russia and you look at the uranium deal, that is all turned around. >> no, not at all. honestly, when you look at what is happening, the hatred in the division and animosity, the
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republicans are very, very well united. we are going to have a big meeting. we are going to be doing a very important meeting sometime in the very near future in terms of declaring emergency. the future gps -- investigation began on the republican side. do you have any idea what was >> i think i would know, but i won't say. except what's going on where they want to reveal it. very embarrassed.
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it might've started with republicans early on in the primary. i'm sure that will, how. i think i would have, if i were to guess, it'll probably be revealed. >> yes or no, are you going, yes or no? what does that mean? shrink you are right, the president wrapping up these impromptu chats. he's on his way right now to a place where it's going to fly to dallas come a political event also getting an update on how the aftermath of harvey is going there. in the meantime, he left a little bit of a cliffhanger as to whether it's going to be visiting demilitarized zone, that is a very, very tenuous
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line between north and south korea. i think every post-world war ii president since ronald reagan. when he -- he might be surprised he could've been telegraphing nevertheless. the presidency permanently paired one of the things i notice is the president tried to stay within the republican party with the likes of senator corcoran flake, even making him a steady he had a very nice discussion and a very good camaraderie yesterday's capitol hill event has much ado about nothing. i am paraphrasing there, but far more friction within the democratic party between hillary clinton and and bernie sanders. what did you make of that? >> what he's saying is true. as i called him, sanctimonious pseudo-republican's corcoran flake is not going to in my
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opinion affect tax reform because i don't think they want their legacy to be that they helped tank something that would increase the household income by $4000 in grove middle income jobs in this country and grow our economy at least half a point to gdp growth. so i do think they will vote for tax reform and i think frankly losing corker who apparently never got over the fact that president trump passed him over for secretary of state and is still seething over that and the fact that flake knew he was going to lose in the primary, that is why they are not running again. i wish corker would resign. governor holds him there in tennessee appointed her in to replace him and give them a leg up in that way. i don't know he's at war with the president of his own party has any use or any reason for remaining in the u.s. senate. >> you don't buy the argument that they are saying that other
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senate republicans are feeling. you think they are lying? >> well, maybe other pseudo-republicans are corporatists instead of conservatives feel that way. i think senator wicker you had on the segment said it very well. the overwhelming majority of republicans in the senate support president trump. listen, not all democrats like rock obama. neil: you're absolutely right about that. >> they're usually not love fest, even with your own party. even the senators who don't like president trump and like the fact that he's dragging the odious economic order of democrats and republicans put in place over the past 20 years, even with these people believe in self preservation that they wanted every elect did in one recent flake was going to lose than his primary to arizona was because he was not supporting the president and he was
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stealing a quote from barry goldwater back in the day and using that to attack president trump and are very inappropriate and arizona republicans appreciate it. neil: thank you very much. i'm sure you -- >> always great to be here. neil: the president did make a lot of news with reporters including how he feels about four or one k. did he just reversed and stuff. >> 401(k) to me is very important. i didn't want that to go too far. the chairman of the house ways and means committee said this morning it could be on the table. maybe it is, but that's one of the great things. there are threatened elements we don't want negotiate with.
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i think kevin brady is fantastic. he knows how important 401(k)s are. neil: maybe not. tennessee republican congresswoman house budget committee diane black. what do you make of that? is the president stepping back him as that's on the table as kevin brady says it is and should be, the tax protections afforded 401(k)? >> we are still discussing a number of things. i will tell you my personal opinion is 401(k)s are a great way to to encourage people to save for their future. we all know what will happen to social security and medicare. the more that we can get people to save the better off we are. as we get down to the last pieces of this before we actually put the plate on the table. but the discussion still happening. neil: the commerce secretary as you know, the congressman has
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talked about maybe phasing out the deduction for state and local taxes for the higher income. he didn't attach a figure to what constitutes how your income, at that deduction is not a dead issue. is that true? >> that is an issue that's right now being discussed in those states where there's a higher tax. i've got to tell you my feeling on this in a number of us who really feel that it's not fair and not equitable for state the most taxes. keeping the taxes low, this is a big argument returning to stay. i just think that people need to keep as much money in their pocket as a kid and his governors putting the burden on the state made to look at their own operations. that's the reason i do so well in tennessee. we have 100 people wanted to move him every single day. this high tax states are going
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to eventually enters and if they continue to do that they are going to lose members of their own community. neil: i think it's because the barbecue is so good. one of the things that's been bandied about is the rate bracket that was a presumably it 39.6%. are you open to that? >> we are again turning the knobs and making sure you are at the end of the day going to get middle and lower income tax relief because that will make the economy grow. without growth we will see the middle and lower income. we are going to have more opportunities for jobs. also going to have more opportunity for paychecks to grow. that is our goal at the end of the day. neil: i hate to get messed up in personal matters, but the stuff for senator corker and flake and the president essentially saying he's not stable, he's a danger
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on the world stage. you are a big muckety-muck in that town. what do you think of this back-and-forth? >> i think the president is frustrated with the senate as semi and other members where we've given them the health care plan they were unable to do what they promise the american people they would do repealing and replacing obama cared and taking of the 12 appropriations bills. they haven't done anything with the dodd-frank bill which ups the middle income folks as well. there is frustration and i understand that for the president. we want them to move this tax reform. i hope they will do their job. if they are not going to do their job and a retired now, just make it official. neil: wow, okay. you spoke your mind. thank you very much. >> are welcome. connect or having me. neil: the dow was down 162 points. very strong economic news including the housing project. a startling jump of 22 points.
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some people thinking the federal reserve is going slow on these rate hikes. all of that in some concern about whether it's a slamdunk after rob row that the house goes ahead and pass is that senate budget as is. apparently some distractions as well. we will have more after this. liberty mutual stood with me when i was too busy with the kids to get a repair estimate. liberty did what? yeah, with liberty mutual all i needed to do to get an estimate was snap a photo of the damage and voila! voila! i wish my insurance company had that... wait! hold it... hold it boys... there's supposed to be three of you... where's your brother? where's your brother? hey, where's charlie? charlie?! you can leave worry behind when liberty stands with you. liberty stands with you™
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neil: all right, the dow down about 149 points. market watcher, everything watcher, everything with the financial community. very good to have you. >> have me more often. neil: there you go. when you make of the president saying still thinks he does have a senators flank and we'll get them passed. >> is going to be tough. 50/50. i can see this going underway. the republicans need something. they've been running tax cuts, so that says we will get it
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done. neil: folks at corporate says we do need to. >> you can't have huge deficit. i am confused. i can see this going either way. neil: i know you are separate from the moody's ratings folks. if they see a deal here that does not have does not outcome is there their possibility or nations that is downgraded? >> if they got exactly the republican plan that was unveiled three weeks ago, that was 2.5 trillion static over 10 years. that's 10 percentage points of gdp, then they might take a good look at that point for sure. neil: and that is separate. >> i know i'm put in that process. neil: i still want to get your
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thought. as an economist, the supply-side argument for tax cut is that the bigger, the better. the more powerful, more impact that if you are going to start nickel and dime paying for them and equating with spending on the program, they are never going to do the job. what do you think? >> i think corporate in particular ads used to the economy and that is key to getting long-term growth. you have to roughly pay for it. lower marginal rates. neil: you don't buy that dynamic scoring that goes into this? >> empire. go back to the republican plan. 2.5 trillion. that's not even close. you would get bigger deficit than that. neil: look, you get the growth up to an average of 3%, 2%. why do you say what happened? >> you need to be closer on a static basis.
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neil: we've had sustained growth of at least five. do you think we could get back to that? >> to 3%? the other way to get there is more immigration. that's the fastest they come in the way to get that on a sustained basis. lower taxes a good idea but it won't get you back there very quickly. certainly not back to 3%. >> what about tax forgiveness i guess it depends on what they do with that money. >> is a great idea to go from a global corporate system to a territorial system so you get fewer versions spending less money on taxes, great idea. we need to remember, bush did this back in 2003. a lot of good academic studies that book, there's no evidence. neil: of others who argue it got a country dipping in the recession, shall the recession. >> no, there is no evidence.
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these big corporations, moody's is a good example. a lot of cash overseas, but it's fungible. you can go into the bond market and borrow 100 years, a few basis points. it's not like if you can bring cash over it makes the hiring and spending. no evidence of that. it's a good idea to do it. it generates revenue and they can make lower marginal rates. but if you are counting on that it will be mistaken. neil: thank you for all this breaking news. we appreciate it. chuck grassley joining us very soon. new investigations into russia, it not within the tribe camp or the hillary clinton camp. this is getting very confusing. more after this. "volatile markets." something we all think about as we head into retirement. it's why brighthouse financial is committed to help protect what you've earned and ensure it lasts. introducing shield annuities,
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>> i mean, if somebody am thinking about. in one way i have to say -- and one i have to say you like to make your own mark. you understand that. which is maybe one of the things she's got a little bit against her. i think she's terrific. we had a great talk are obviously doing very well together if you look at the
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market. neil: all right, i believe the president referring to is going to pick to head the federal reserve. janet yellen is already the chair of the federal reserve. he's open to any and all and will make a decision before he heads off to asia. in the meantime, judiciary committee chairman, iowa republican senator chuck grassley meeting as to look into this uranium issue involving the clinton 90s already called for independent counsel to investigate the deal. senator, good to have you. thank you for taking the time. >> glad to be with you. some people might think, what is the big deal about the administration that just closed the new administration? brescia versus tron, that should be investigated, but also brescia involving the clintons ought to be investigated. neil: on this, what troubles you?
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obviously, the senator is looking into this have run into some roadblocks at the justice department and the fbi. what is going on? >> two things. one would involve a committee within the treasury department that has to approve all sales that might affect national security. and of course, uranium affects national security. there was some investigations going on by the fbi in the justice department about fraud and money laundering and bribery involving uranium one sale, the question was, is this committee on national security within treasury told about god and that the justice department didn't tell them, why did the justice department tell them? secondly, there is somebody that is signed a nondisclosure agreement that knows a lot about this and we are trying to get eyewitness willing to come before congress and tell what he knows about money laundering and
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bribery in all of them involving uranium one and we are getting a difficult time having justice in fbi do away with that nondisclosure agreement so he can come to talk to us. we should not have a gag order stand in the way of congress to enact constitutional job of oversight. neil: is part of those bribes come the senate back to 2009 with the russian. did they bribe and did that money go all the way to the clinton foundation? >> well come i think it would be wrong for me to answer that in a definitive way. there is signals saying yes to that question, but i can't say yes yet. that's why you want to say yes to this person who has a gag order. secondly, he knows a lot about this and that would help the lid some of those details so we know
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in fact was going on. there's a lot of insinuation in the direction of your question. neil: what we do know is for whatever reason but russians got a big chunk of uranium supply. why did not at that time create more of a fuss? was it so secret then that not even you knew about it question art >> well, i don't know whether i knew about it, looking back to 2009, i talked to congress when i've heard congressman day at the time that they knew about it, but they didn't know all of these details we are trying to find out now and that leads to whether nondisclosure agreement, why when there was three or four people arrested and charged and did, and maybe they had plea agreements that were all necessary to keep their mouth shut. they signed an agreement that they wouldn't appeal to a higher
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court, what went into that. was that an effort for cover a period neil: even the bribes than what we do or don't know, we do know a lot of our uranium supply ended up in russian hands and i am wondering how something might have happened without at the time hillary clinton and secretary of state not knowing. >> okay, this committee had talked about on national security within the treasury department is supposed to look at national security issues. that is and probably rightly so kind of a secret process, so maybe we wouldn't know what went on there, but we got to know whether or not justice would tell them about an investigation that may be something underhandedly was being done, did they know it or didn't they know it and why did justice tell them. neil: hillary clinton pooh-poohed this whole thing this morning. >> well, hasn't been been the
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modus operandi ever since the election and even baby before the election before this stuff? >> when you hear the fbi is actively investigating possible collusion with the russians in the trunk campaign and possibly ignore in your thoughts? >> i think i stated that in my first sentence. if russia is involved with trump and rush limbaugh that the clintons, should congress be investigating both? neil: and if they do not, are they still stonewalling you? >> we have a republican administration now on i hope republican party believes in transparency. if you believe in transparency will get this information out and when you're transparency in government, you have accountability and accountability is all about letting this information out and it's our responsibility in the legislative branch of government to make sure that the laws are followed by the people to know
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the constitution of the laws. neil: have you had any indication on involving when we will have a reported this year, next year. >> i think you are going to find most of the committees issuing a report this year or next year. what we don't know in what you will never know until they get done and these things can go into eternity with a special counsel does, mueller does. that brings up another issue i raised as late as last night. we don't know who is recused within the justice department on all of these things and it doesn't matter who is recused, but we probably need a special counsel looking into uranium one. neil: senator, you were at this mini with other republican senators and the president. the president made a brief reference to he and john mccain get on fine hair. you are there.
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what was that like? >> you would even know that was an issue or flake was an issue. the president took a great deal of time to tell us what he was working on, what he thought he's accomplished in the unfinished work of his administration they feared and particularly on tax relief and health care. he spent most of the time talking. there were 18 minutes for questions. there were four or five questions he responded to, but it was mostly the president having a one-way conversation with members of the united states senate. neil: did senator corker, flake or mccain ask any question? >> no. neil: how was the president of them? >> as far as i know, polite. but there was some reference of whether or not he was including all 52 senators when he made certain reference is. neil: okay, guess who lived at
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that. good to see you. thank you very much. >> good to see you two. neil: senator chuck grassley. having to texas. a lot of devastation in the fundraiser he is going to be a busy guy. we will have a lot more in the dow jones industrial. still done a lot, 118 points. we will have a lot more after this. . . . .
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hurricane harvey and billions spent in texas to make the state right after that horrific storm. it is a campaign event late they're night. he will be a busy guy. trish regan to take you through the next hour. indeed. trish: thank you, neil. president trump blasting hillary clinton and the dnc following the bombshell revelation it was actually her campaign and the dnc that helped to fund the salacious trump dossier. you know the documents which claimed donald trump was colluding with the russians. here we are, a year later, still no evidence of collusion that dossier has been largely discredited. now we're learning who was behind the funding of it. i'm trish regan, welcome, everyone to "the intelligence report." the president telling our own lou dobbs a short time ago what hillary clinton did is quote, a disgrace. >> so they spent, if you think of it, almost $6 million on something like that, and i think, honestly i
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