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tv   Cavuto Coast to Coast  FOX Business  November 14, 2017 12:00pm-2:00pm EST

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will be quadrupled in years to come. >> now he'll focus on tax reform, right? the asia trip is over, getting tough on north korea. now he's already tweeting about tax reform. stuart: and he's going to make a big announcement. we don't know when, what it's about, but he said it's going to be a big announcement, and he will address the republicans in congress in the house before they vote on their tax bill which will be on thursday of this week. you don't schedule a vote unless you know it's going to pass. neil, it's yours.
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neil: if you had to handicap the way it looks in the senate, how does it look? >> well, out of ten, last week i gave it an eight, today i'm going to give it an 8.5. i'm feeling very confident that we've worked this for many, many years, and i feel that we're on the same page here. neil: you know, there is speculation, senator, that there's a rush in the senate now like there is in the house to get a vote this week in the house, maybe even very soon with roy moore and could he lose, it is problematic, 51-49, is any of that true, the rush to get done? >> we've been on pace to finish this either next week or the week after, here in the senate. i don't see any changes according to when or how any election, we know we.
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we want to do it end of the year. i don't think we'll get diverted. neil: how do you feel about the whole moore situation? half the republicans in the senate now say, he should step down. >> well i think you know the the the allegations are stunning. he should rethink his candidacy and stepping down should be an option he should look at. i am deeply disturb what i hear. neil: others say innocent until proven filthty. has -- guilty. is there enough here to step ad sigh to allow the party a chance to regroup? >> i see a pattern developing. when you start looking at things, you see a pattern developing, the truth really becomes quite evident. so that concerns me. i, i think, we have time here for him to step down. i would welcome that. and, would encourage him to do so. neil: do you think this slows down the process, senator, for
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so-called primary opponents and republican candidates of all stripes? the steve bannon of finding renegades or populists, however you want to describe rebellious party members to try to topple establishment figures, this might put a pause to that? >> i think what we have to look at here is good candidates and good policy. as former speaker john boehner used to say, good policy will bring good politics. that is the will of the people who elect who and how they want. we have to respect that. that is how our system is built on that. you see inner party squabbles that pull us further apart that is not in our best interests. neil: how do you think your democrat will do in your fine state of joe manchin? do you think that is possible one democratic vote for the tax package. i think we're getting cart before the horse, what do you think? >> i think we'll get democrats on the tax package once we get
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to 51 votes. neil: they need to be convinced republicans have votes before they jump in. >> absolutely. the courage meter will to up once we get to 51 votes. this is good for west virginia, small business, individuals, large businesses which employ a lot of west virginians. i'm so positive on this. my counterpart senator manchin will hopefully see the light. see how good it is for our state. business side, corporate tax relief, taking that down from 20% to 35%, in the senate plan, as things stand now, would be delayed a year. house members don't really like that. do you see any middle ground here? >> i do. we're moving through the finance committee. it is all a matter of numbers. how you can do this. we're still looking at ways to begin in 2018 that would be my preference. i can live with the 2019 implementation if i have to.
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that will not ditch the package for me. >> we have to look at that. remember in my state, in other states, a great majority of people file state deduction. file on the short form. i do believe there will be compromise. made it clear on the house side.
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can not stand with full removal. i think we can find middle ground. neil: that that is not as generous as tax cut individual for all towards . >> effect on economy will be big and great, greater than we
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predict. neil: watch closely, senator. >> thank you. neil: meantime, jeff sessions is on capitol hill right now. a little bit after break here. speaking with the judiciary committee. again, ostensibly the idea, russian role in the last election, who he talked with, who he knew. who set up hearings. especially when it alleged conversations that took place. we had gosh papadopoulos who agreed to plead guilty to one count of lying. and now they are trying to find out who papadopoulos might have talked to. jeff sessions saying earlier today he had no recollection of a meeting either involving papadopoulos or one orchestrated to involve the president or anyone else in the white house. whether this creates noise here or disruption in the tax cut, some of the other stuff, you hear, at same time, the attorney general might be looking to name a special prosecutor to look into a lot of hillary clinton
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mess as. obviously a lot of distractions there. whether you think they are justified or not. president, "wall street journal" editorial page assistant, james freeman. james, to you first on this, how big of a deal is this going to be, first off on the sessions stuff with the special prosecutor, should it come to pass? almost in a no-win situations, get a special prosecutor. don't do it. he angers the white house. how does it go? >> personally, i don't see why you need a special counsel for any of these. we elect a president. we have a justice department. constitutionally they investigate crimes. if this ends up having another special counsel, then maybe, then people will sour on the idea of special counsels. go back to the idea of operate political accountability as it should be. neil: there is a concept. lee, one thing that came up in
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this discussion here, that jeff sessions of course is the former senator of alabama. many wanted to recruit him as a write-in candidate for what is happening right now with judge roy moore. what do you think of that? he said, attorney general, not interested, don't even broach the subject. what do you think? >> well, frankly i would rather see him back in the senate from alabama than as attorney general. but not before they do name that second prosecutor. i do believe we need a second special counsel. i have said for a long time. i think mueller should be terminated. there is no excuse for that kind of a assault on the constitution. there is nothing in the constitution about special prosecutors. so i totally agree with mr. freeman on that. so i'm not happy how sessions has handled this matter as attorney general. neither as president trump. i frankly don't like how he handled criminal justice reform. neil: lee, if he does do this,
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get a special counsel going. you know the rap, is damned if he does, damned if he doesn't, appointing special prosecutor indicating caving into white house demands. that might not be the case. might be genuinely warranted. by not doing it looks like he is flipping on it. where do you stand? >> it is warranted. they will attribute anything done by this department of justice or president trump's administration, to politics, to nefarious motives. if we keep mueller, need a special prosecutor to focus on uranium one and russian malfeasance that is the real russian meddling. russians thought the clintons were going to win the presidency. people forget that they were surprised as anyone that when donald trump won. they played both sides. they talked a little bit. fusion gps, democrat paid dirty tricks firm met with the lawyer
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before and after she met at trump tower. there was not even consequential meeting. yes there should be special prosecutor focused on tremendous corruption we have indications of dealing with russians and hillary clinton and clinton foundation. and, if we can't get rid of mueller that would be unfortunate. but at very least we need to make sure there is an equivalent investigation of the real corruption which was what happened with hillary clinton, during the obama administration. neil: you know, james, back to what is going on in south carolina, there does seem to be sort of parallel rush to try to get this whole tax thing resolved and voted on. this is my opinion here, given timetable we're looking at, seems before december 12th, to have it wrapped up before that general election in alabama, whether roy moore is part of it or not, under the belief they could lose a republican seat regardless, no matter who is written in there. that worries them. and that by trying to beat and
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dodge the bullet by then, they will just slip it under the cracks. what do you think? >> i don't think there is any reason to delay. they have obviously delayed it a lot. they have a unified caucus. very different from the health care situation. we see republicans in the senate hanging together, ready to vote yes, going through committee this week. neil: do you think all republicans are yes? because i wonder. >> very close. very close. you're having discussions over details. i'm getting optimistic this plan could get even better, if you get rid of obamacare individual mandate, that means more money under their bizarre beltway accounting so you can start the corporate tax rate cut right away in 2018. get all the growth benefits going. neil: wouldn't mandate thing make it controversial, possibly get in the way of tax cut thing? >> you're not cutting anyone's benefits. all you're doing, requiring people to take it, not take it. we'll not penalize people who choose not to take it anymore. this doesn't have any of the
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political problems that you would have seen in some earlier debates. i think it's a huge win. now, should they, should they go beyond december 12th? it does get a little more dicey. very thin margin in the senate. some members not in the best health. i think they get it done regardless. wouldn't hurt to do it before the 12th. neil: lee, assuming they don't write your name in, enough, in alabama, then what are we looking at here? >> well, first of all, i don't think it has been made clear enough by the media. moore should withdraw from the race or alabama republican party should revoke the nomination again. the election is null and void. no need for a write-in campaign should be foolish. they ought to focus. neil: his name is already on the ballot, lee. >> he is on the ballot, but he is on the ballot, but as i understand what the secretary of state said, i believe on one of
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your shows, not your show, on fox news channels show -- neil: why are you watching fox news? >> one of the candidates is not actually run, whether or not shehe or she is on the ballot, the election is void. unnominated by the party, or moore should withdraw the problem would be solved. that is why we have. neil: i don't know about that we'll see. >> doesn't deto the democratic candidate. we should not, by the way, i don't think we should rush into the tax thing. i think we're rushing too quickly. i disagree with senator moore caputo, we do knot want to delay the tax reduction for corporations. we have to get rid of delays and sunsets. neil: they will rush us. they figure, that what, you know, the haste won't make waste >> needs more work. neil: we'll see. lee, thank you, very, very much. james, thank you, very, very
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much. justice department is weighing a clinton probe, what we said, could this backfire on the white house, if for no other reason that this? it looks overly politicized whether it is or not. gets in the way of some other things near and dear, like getting tax cut through. contrary to what lee said that is a big issue, speed they want to get this done to make sure it does get done. dow down 49 points. we'll have more after this.
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neil: we're continuing to monitor attorney general jeff sessions. he is speaking before the house judiciary committee. already indicated, maybe telegraphing something here, that the justice department can never be used to retaliate politically against opponents. some have termed that as a sign he wouldn't necessarily be inclined to appoint a special prosecutor to look into uranium one, or hillary clinton, bill clinton type deals during the obama administration, et.al. hard to say. this much is not. they will keep drilling him on the subject. trying to get idea where he is coming from. blake burman with more on all of this. blake in. reporter: hi, neil. one of the things jeff sessions tried to do on the testimony up on capitol hill. trying to distance himself from a few difficult things. one being the march 2016 meeting that took place here in washington, d.c., between
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himself, president trump and george papadopoulos. that is as we know now the low level aide who admitted lying to federal investigators trying to seek contacts with russia. in his very first remarks sessions laid out a few points about that meeting in march. he said first, he has no, he had no recollection of the meeting until the news reports started coming out over the last few weeks. secondly he had no recollection what papadopoulos said. now third, that he thinks back about it, he thinks he believes he told papadopoulos back off. >> i believe i wanted to make clear to him he was not authorized to represent the campaign with the russian government or any other foreign government for that matter. i do not call the event that occurred 18 months before the testimony testimony a few weeks ago. i would gladly would have reported it had i remembered it, because i pushed back.
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reporter: leading into the testimony was a letter from top official to the doj to several republican congressman. a special counsel to look into uranium one. the clinton foundation a host of other issues, during his testimony, though, session kind of poured cold water on the possibility of a second special counsel. >> democrat national committee paid for, through the law firm, paid for the dossier. we know that happened, and it sure looks like the fbi was paying the author of that document, and it sure looks like a major political party was working with the federal government to turn an opposition research document, some "national enquirer" story, into an intelligence document, take it to the fisa court so they can get a warrant conspiring to spy on americans working for trump campaign. along with what james comey said during the 2016 campaign, does
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that warrant to appoint -- >> i would say looks like, does not is basis to appoint a special counsel. reporter: president is encouraging via twitter for the justice department to look into democrats and look into hillary clinton. sessions was asked about the president's past tweets. the president can not influence improperly an investigation and he himself he said has not been improperly influenced either. neil: neil, thank you very much blake burman. emily lashinsky is here. that is the clear indication yet from jeff sessions in most clear indication i don't think this rises to little of appointing a special prosecutor. what do you make of that? >> that is interesting, there was the letter we'll look into whether it is rope pratt to appoint a special counsel. jeff sessions under a lot of pressure from president trump and president trump's base, that
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will apply someone represents the party and administration, there is a lot of blood thirst against the clintons. he doesn't want to look political but wants to look like he is doing the right thing, taking the right steps. the justice department is saying we'll consider whether a special counsel is appropriate but at same time we need to make sure the facts are there first. so -- neil: emily, can he do this without a special counsel? in other words as prior guest was saying, full resource of fbi without appointing a special prosecutor, they're investigating it in due course. they are doing what they normally would do, any signs of potential impropriety. that is what is going on. because to your point, impression caving into white house demand whether they are demand, it would look overtly politicized that he is doing the president's bidding, whether he is or not. >> i i don't see why not. i don't see why they couldn't pursue it without special counsel. by some indications they may be. obviously this is administration sees a lot of things with that
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deal, whether president trump, that don't look so great for the clintons. i don't think out of the question they could pursue that otherwise. neil: where is all of this going here? the president hot on his heels, jeff session's heels to do something about this. if he opts not to, that would clearly be ignoring the wishes of the president of the united states that have been fairly clear -- >> right. we know that this is a president who, retaliates by firings and this sort of things. i think it us plausible, we're six months out from right now, maybe even just a few months out right now. there are in signs that the justice department is taking concrete steps to investigate the clintons in a way that satisfies the president, and way that satisfies the base which is very anxious about jeff sessions right now, taking signals from the president, i think there will be a real serious conversation about whether he stays. this is something that the president feels very strongly about clearly. neil: all right. thank you very, very much, emily. good seeing you.
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emily. jaw shin ski. the back and forth whether roger goodell will re-up to head the nfl league. i was asked to burgess owens, the champ, super bowl champ, then he is sitting here i decided to remove all the tough questions. we'll hear his thoughts. he says goodell should go.
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neil: all right, forget goodell. "the new york times" is reporting that the nfl compensation committee said jerry jones, dallas cowboys owner a cease and desist warning. former nfl player burgess owens says goodell is the problem, not jerry jones. thanks for stopping by. >> my pleasure. looking forward to chatting with you on this. neil: update me what you stand on this. figures he they are tossing around for goodell assuming he renewed. jerry jones made a stink he doesn't deserve it. what do you think? >> there are go parts. has he destroyed the brand? does he deserve to be paid $50 million? do the owners have a right to be concerned?
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i say yes to all that. neil: about goodell? >> he is a problem. >> that he shouldn't be paid what he is going to be paid. the part i've gotten into with people like that, people on the left, that are giving a pass, and not be honest without hearing the people, they're really destroying concept of manhood is all about. they are about to have a conversation about social justice. the conversation with respect to our race, how about a man-up, how about a man-up talk? what are you doing to work with the kids to protect them? what about women not being respected in the community? what are you doing to get in there to make things happen? there is young man doing things, cap her nick is not one them -- kaepernick. neil: when you see kaepernick on cover of "gq," you have -- >> he is definition of american man. he is anti-american, antifamily, real men and stand up, man up.
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take care of the kids. take care of the wives. neil: he says he is speaking out for racial treatment, racial inequality. >> he is not speaking out about anything. understand the guy has not said a word since last interviews in the locker room. that is big problem. men are articulate. they do stand, they have debates. they try to get people convinced. don't let somebody else do heavy lifting for them. the idea of women hood, we're now dealing within our race, white liberals feel very comfortable attacking black women we had this congressman cohen, who called star parker ignorant because having debate. he is disingenuous. using big words gets them peeved. neil: what has goodell not done about this process? sounds likes he is always trying to walk a tightrope here? >> what it is he made a mistake last year not drawing the line where the brand was. when you start bringing politics
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into the nfl, go on the wrong side, this brand was built by people that -- al davis, guys who served in the army. they had business ownership. they had a different idea what america is all about. what you saw on field was america. people going after their dreams and underdogs and team work, all the other stuff that doesn't matter. that is what the nfl was. neil: that is before -- what can goodell do about that he tried a middle line here and never found it. >> i don't think he is thefy to make a change. they need somebody in who understands our american way. decide to bring people together, the flag, nfl. it was all about together. forget all other stuff at some point. debate another time, not when the flag is flying. too many people paid the price to make our great country the country it is. >> i ask you, burgess, what kind of heat you get, if you get, i assume yous do, many in the african-american community, hearing what you say? oh, well, he is not with us?
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>> this is the thing. i was raised by a great generation. my dad was a man of principle. we have first of all understand we don't think with our skin. we're our individuals. we think differently. the most important thing my dad taught me, god, country, family. you stand for that. everything falls within. if you don't like that, i'm okay. i would respect for those that like me and not like me. as long as we debate. that is what this country is all about. neil: the piece honoring kaepernick, one of the points he was brave enough to go outside to question police brutality, all this other stuff, say that? >> who is making him the hero. same people make snoop dogg the hero. these are marxists socialists within our community, indoctrining our kids for 20 years. when they become millionaires they stand on the sideline, not know any better. they have great hearts. they have not been educated they have been indoctrinated to think of life in a very dark -- neil: who eggs the owners on?
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owners, some are teaming up against jerry jones. where is that going? >> that is interesting. you would think these guys understand what is happening. i believe this. we're humble or humbled. i believe in that concept. owners have great for a long time. they have been suck is a diesed, making billions of dollars. american people are not all-n they will make the change or -- neil: do you watch football? >> i haven't seen one this year. i went to see the miami hurricanes beat up on notre dame this last week. neil: not on the professional level? >> no. you get busy, some of us get busy during the weekend. i have six kids. we have sundays. neil: they want attention and -- >> i see, happening around a country, people will start looking other things to do. nfl will suffer if they don't change their ways. neil: what if goodell is approved for another, what is it three-year, could be five-year stint, then what?
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>> american people have a choice. we'll continue to vote with our pocketbooks. that is what i love about the free enterprise systems. we'll make the decision. neil: that is really happening. >> if they don't change, they continue to suffer, somebody will be fired at some point. american people do what we need to do support our country first. neil: burgess, great to see you. i wanted to ask tough questions to put you in your place. i think you now know who is running the show. good to see you, my friend, burgess owens, former nfl player, super bowl xv champion. that recent? senators said the policy luncheon, will roy moore be the elephant in the room here? a lot are trying to get hopping on tax reform, get it all done before that election on december 12th, to make it a moot point, they hope, after this. ♪
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♪ neil: you know this is going going to a busy week for meetings. the president is due back to washington late tonight from hawaii. he will meet with house republicans just as they're sort of seal sealing the deal on their package. tax reform, roy moore, likely key topics, louisiana senator john kennedy with all the goings-on. senator, good to have you back. >> good to be back, neil. neil: where does this stand in the senate, do you think. >> this is damn good bill. we'll pass it. the people who believe in more free stuff will not like this legislation. but if you believe in more freedom, if you believe that the taxpayers of this country deserve the right to spend the money they earn and that they can do so better than government can, you're going to be for this
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bill. there is a lot of rhetoric out there, well, it only helps the rich. the people who believe that, either haven't read the bill or they're lying. if you look at the joint committee on taxation, they are northern partisan. they put out the numbers. if you make between 20 and $30,000 a year this bill cuts your taxes by 10%. if you make 30 and $75,000 a year, cut by 7%. if you make a million dollars or more a year this bill cuts your taxes 5%. some people said don't cut taxes for the rich. well, 10% of the taxpayers pay 70% of the taxes. now how are you going to cut taxes without cutting taxes for people who pay most of the taxes? neil: the house doesn't cut taxes. your measure does by a point or so. where is the middle ground? >> we cut, first of all, that one point is not a done deal.
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neil: okay. >> i would like to get it down to 35%. neil: really? >> number two -- neil: what if it is not cut at all, senator? >> i would, i'm going to still vote for the bill but i think it would be a mistake. neil: all right. >> look. i want to pass, if the bill is not perfect, in my judgment, but it is 80 or 90% fair i'm not going to let the perfect be the enemy of the good. this bill if we pass it in its current form, will i think add between half a point and a point to gross domestic product. it will increase foreign direct investment by 50% in america. now this bill will work, and i know the democrats are throwing everything they can but the kitchen sink at it but they are using the same tired old lines. you're only helping the rich. it is nonsense. this helps large business people, but it helps pass-throughs, subs-corporations, llcs,
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llps, small -- neil: bottom line you think the votes are there. >> i think they're there. neil: you have enough democratic colleagues will go along? >> i think we'll get at least 50 votes. we might get all 52 republicans. neil: really? >> you will see democrats, i don't know how many, they will jump on the bill like it was their idea. neil: let me ask you a little bit about one of the republicans who might not be part of that mix, roy moore. do you think he should step down? >> i think if it is true he ought to step down. neil: so, this december 12th special vote that is going on in alabama, do you think that you guys should have this finished before then to make that a moot point, whatever happens in the election? >> we will have a bill for the president to sign, if all goes well, it better go well, by the second week, maybe the first week of december. neil: is that right? all right. >> yes. if it were up to me, here is what i want to do. i'm losing this battle. we'll be through the senate
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committee this week. i want to vote on the senate bill next week. if we have to. i want to vote on thanksgiving day. you can heat turkey up. you don't have to eat it out of the oven. i'm losing that fight. we'll probably vote on the bill the day we get back from the thanksgiving break. i think that is mistake. lobbyists are running around here like mosquitoes and senates. time is not friends -- gnats. i believe the house will pass the bill this week t will go to conference. it will come out. we'll pass it again, both sides, send it to the president. let's get the american economy moving again. neil: but again, back to the roy moore situation, whether he is there to vote or not, whether he is part of this campaign or not, you say what? innocent until proven guilty? don't feel the pressure a lot of colleagues put on him to step down? >> we're not talking about the
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alabama senate race when we meet as a group in the conference nearly as much as people think. we're talking about tax reform. and i have said it. i will say it again. same thing the president said, he is absolutely right. i think my colleagues are right, if the allegations are true, judge moore needs to step aside. neil: okay. senator, thank you very much. very good seeing you. >> thank you. neil: we'll see what happens on thanksgiving day. that is an option. they can do that all then. ge shares down another 7%. that is little bit more than 10%, a couple of days here? better than five-year low. what is going on? do you catch a falling knife or wait for the knife to fall even more? after this. ♪ nah. not gonna happen.
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♪ neil: all right, they cut their dividend in half, and the stock is still collapsing. talking about general electric. to fox business network's deirdre bolton, what is going on here? it is not stopping? reporter: feels like investors lack confidence in the streamlining plan that the ceo laid out yesterday. there was the big investors meeting. ge the worst-performing dow member, neil. the worst for selling. the sell something widespread. so it is selling with conviction. just yesterday alone 260 million
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shares on the sell side. that is more than triple the full-day average, if you look at average volume per stock per day. if you look at charts in performance, ge down 40% year-to-date. compare that to the s&p 500 up more than 15% during that time. some analysts say the company should be broken up. talking to investors yesterday, the company, ceo, rather is aiming for a simpler, ge. i will quote him. saying complexity hurt us. to that end ge will focus on three core businesses. health care, aviation and power. everything else is going to be streamlined away. and, related, ge will be transitioning, their word, 700 employees. there are more and bigger job cuts to come. i asked the ceo at that meeting for more details about these job cuts. he told me, the goal to keep employers folded into one of those three key business areas,
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but it is clear, neil, more jobs coming at some point for the company. you have a lot of reaction. you basically see what investors are making of it. whether too little too late. whether they don't think ge can execute this. one thing for certain, very much a troubled time in the company's 125 year history. neil? neil: really incredible. deirdre, thank you very much. we have former ubs chairman robert wolf with us. he is from 32 advisors. everybody sucks up to this guy especially a democrat if you want influence. the ge thing what do you think. >> i bought a little stock. i went against the grain. obviously a little too early. deirdre did a great job and i think she said it right. flannery's ideas make sense, 10 business lines and 300,000 people to three business lines. it will be a marathon more than
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a sprint. neil: you're in it over the long haul? >> i think over next three-year period ge will be much stabler. it makes sense. you have to give someone like flannery the benefit of the doubt. he seems pragmatic to me. neil: your personal account? 32 advisors? >> my kids account, how about that. neil: so gdp of some countries. >> maybe long term. neil: let's talk a little bit about the markets and hiccupping over last few days. a lot of people reading markets are getting worried about the status of tax cuts. what is going on? >> global gdp feels very good. from that perspective, there is good underlying tone. that being said people did not like what the senate put out with one year delay on corporate tax reform. it made no sense. neil: even though the expensing is immediate. >> excuse me? >> the expensing under the senate plan sim immediate. >> it is immediate be it. neil: you want the plan. >> you want the plan and more certainty.
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neil: you want the part they're doing, corporate tax cuts. >> i'm for corporate tax reform. i'm not sure 20 makes sense or 25%. i'm for repatriation. neil: the president is not budging. >> they have to continuing resolution, based on the byrd act, more than what the president may or may not want. they confused people. i don't think the senate plan is that close. i heard viewers. i don't think we'll see it by year-end it is not as close as we think. neil: really? >> rand paul talks about the mandate. sounds good. there is zero chance they will end mandate with 15 million people. neil: i talked with that, someone, it will get in the way. but let's say they get passed that. all of this comes to prue -- fruition, many share your doubts. will it goose the economy, corporations and take benefit of this or building, plant, equipment, hire a lot more
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folks? >> i'm a supporter of corporate tax reform. i think it will happen. that i'm not supporter of trickle-down economics. i don't think it works in this global economy. that makes me nervous. we know that last time we did a corporate tax reform where we had tax repatriation, they used for dividends and stock buybacks, not for hiring, not for wages. neil: you fear that happening. >> i fear that happening again. neil: how do you look at democratic race shaping up? looks like 100 people will run for president. what do you think? >> i had this thing the other day with a reporter, we said anyone over 10%, let's name it, last one to name someone has to pay for dinner. we got to 37. neil: really a lot of people. >> we got to 37 where we thought there was legitimate 10% chance. >> what about joe biden? he seems to test the waters? good friend of yours? >> i saw joe biden last night. i think the vice president has a great voice for the democratic party. neil: do you think he is going to run? >> i would say because he is
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going on his book tour, it will feel like he is going to run. a little like "forrest gump." we'll hear run, joe, run. neil: you don't think he is too old? >> i don't think it is an age thing. whether he is ready to take the step. i would say it feels like 51% yes, 49% no. if you ask me after the book tour, it may be 50/50. neil: you are good friends and golfing buddy withs barack obama, i don't want you to indull but what does he feel about this president constantly going after him? some liberals on this show expressed concern how he is dismantling barack obama built. the zingers even about the president, how he extracted trade deals that didn't have any concessions. what do you think? what does he think. >> i will have to quote his wife, when they go low, we go high. at end of the day. neil: actually democrats are pretty good going low. >> you asked about the president. neil: all right.
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>> i am honored to be on his foundation. i was with him last week. he is looking at things -- he will get involved in something like "dreamers" act, or climate change. he will make his view. neil: are you of the camp he should more aggressively speak out. >> i don't think the president of the united states, democrat or republican should be the voice of opposition in this country. at end of the day they should take views on climates, "dreamers," immigration, gun reform that impacts 75 plus percent of country. i don't think he is someone should go toe-to-toe with the current president of the united states and i don't think he will be. neil: robert wolf, 32 advisors founder and former ubs chairman. very well-connected. a lot of people want his company and his wallet. lot more after this. to help identify potential opportunities.
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neil: welcome back, everybody. we are getting word now that this controversy in alabama is looming potentially over the tax cut fight and i say that because there's talk to move before the december vote there in alabama so that there is a moot point and it does affect how things could go even listing. democrats would narrow the gap 51 to 49 and the senate finance debating its own bill with what they are decode up in the house.
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they will be voted on thursday, the same day with capitol hill to twist some arms and not so suddenly remind them of the right thing to do which presumably would be on capitol hill with the latest. >> there's quite a bit going on. there is has been among senate republicans. to find out if they have the vote necessary to repeal the obamacare individual mandate if the amendment were to be attached to the tax reform bill. if they can get an account the amendment could pass and be included in the final legislation. pinging over all of this of course in today's market is what is going on with judge roy moore in alabama. other members of congress as well as the senate have come out asking. he should step aside. jeff flake would vote for the democrat if he could vote in alabama. paul ryan says it's time for more directly.
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here's what the speaker said earlier today. >> you should step aside. number one the allegations are credible. number two, if he cares about the values and people he claims to care about, he should step aside. >> so now i want you to take a look at what's going on if we have a live picture of the finance committee in the markup under way right now. this is important because rand paul return to congress to the senate yesterday after the injuries last week in his home state of kentucky, treated this morning that today i'm announcing my intention to amend the tax bill to repeal the individual mandate and provide bigger tax cuts for middle income taxpayers. how much would those be? probably between $30,400,000,000,000 if he were to repeal the ovonic your individual mandate. the senate was repaired to do this today. we have learned that fox business that orrin hatch come
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in the senate finance committee chairman was considering a manager's amendment later this week to do just this and that's why they've been conduct being the width count all morning to see if they have the votes to proceed. neil: adam comic thank you very much. republican congressman, house ways and means committee member. how do you feel about including this health care provision, the mandatory conference within the tax cut measures majority has pretty close support? >> obviously that's up to the senate to deliver a mac. we will have to take a look in the house. removing the health care domain into the deliberations and refocus on tax reform in showing that we can do and deliver the relief to hard-working americans at home. trades were you concerned that they aggressively pushed us in the senate they are risking torpedoing the progress you guys have on tax cuts? >> not necessarily.
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if you recall, we passed repeal of the affordable care act, obamacare, and the mandate he spent the night of supporting many fellow republicans don't support. lusciously with the senate does because we talk about this at length in the senate hasn't been able to deliver. trade you come from a high tax state as things stand now would not be able to ride out their state, local sales tax in the lake. there is a provision in the house measure that allows $10,000 in mortgage tax to be written off. i'm wondering how you feel about a senate plan that doesn't allow for that appeared >> i saw this coming and when the senate put the marker out last week, consisting for about a year. they want to complete elimination of state and local tax deduction and that's not suitable for us in new york state. that's why fight hard for the compromise position on property taxes. property taxes are very
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repressive and they have people regardless of income. we got high property taxes and are part of the data to event to give them relief is something i want to deliver for them in a glad to see that in the house bill in a position that's not acceptable to completely eliminate the senate. train to the senate pushes the measure were not even on this part to vote against it. >> i can't support the complete elimination of state and local tax deduction. the compromise here is right. buford or chairman on the ways and means committee. kevin brady stand with us and say this compromise is reasonable and something will fight for as we go through difference between the senate bill in the house. trades do they have more tax rate than you do. what you think about? >> i rather see them can then down to the fore because also you've got to remember how the brackets work. lower income, zero will be lower to 12% in the more income you expose for more savings will have for hard-working people
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back home. hopefully they will go our way, but we'll consider differences as we go through the conference committee and get to a finished product. tree into the situation is split among some of your colleagues in the house and senate as to whether he should step down from the race. his name on the ballot regardless. how do you feel about that? >> obviously allegations are concerning than i do find incredible watching these reports in these incidences and i will leave it to the wisdom of the people of alabama. i think roy moore should really consider doing what's right for the country in the future and maybe step aside and take a different course. >> thank you very much. good seeing you. new york. treasury secretary steve mnuchin has drawn the line in the sand signaling a 20% corporate tax rate is nonnegotiable.
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when it starts could be, but telling me that we could see a corporate tax rate delay regardless. >> a lot of your house colleagues are not keen on delaying the corporate tax cut and that's a nonstarter. >> i don't think it's a big deal in terms of the economic impact. many think it is beneficial to have the year to allow for the adjustment but it will still be relatively high and nominally 35% means immediate expensing you get ready we will be more valuable. neil: what he is saying is the delay would not be that damaging for the markets or anyone else. under an economist on that. you agree with that? >> old discussion about the corporate tax rate misses the point. the assumption underlying all of this is corporate taxes were the impediment to increase hiring in cap ex over the last eight
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years. all evidence to the contrary. the syntax structure and a boom in the late 90s. we have a recovery in 2003-2007 with increased hiring so there is no impediment for the tax code back then to corporate expansion. the question is why corporations been so recalcitrant about hiring people in expanding the current recovery and the answer is plainly obvious to me and that is consumer demand is lackluster throughout the region. >> the presumption is that it will and i'm kind of puzzled why they felt it fits better to do a trillion dollars a year in shareholders suddenly they decide we really need to produce more goods to sell consumers. >> the last time they had something similar under president bush, they just
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reinvested, but again i do think people are banking on them already know better than full employment. just wondering what happened. >> again, the presumption is really why i believe the republicans are making a fatal mistake that demonizes high income earners because at the end of the day, not only do they pay a disproportionate share of taxes, they do most of the spending. if you look at the top 20% of households spend more than that bottom 60%. here we are possibly going to raise taxes on these people and assume the corporations. neil: they are definitely going to raise taxes. the one thing i've heard is they are gun shy. republicans on the defense about the time i understand where you're coming from.
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i do wonder when i hear republicans coming off the record and where the rich guys are going to go. they can stay home. they don't have to go to the polls. that doesn't mean they have to rent a democrat. nor will they rent to you. >> more importantly, and ultimately we need to get this economy growing and the politicians who want to get reelected. ultimately we've got to focus on what is the problem. corporate taxes aren't the problem. it is too high consumer taxes especially the highest. that is my analysis. train to the client base looks at the lower corporate taxes going to make for better multiples of the market will do much better in the market. i don't know whether that's anyway. what do you think? i like to compare this market to harvey weinstein.
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i consider it to harvey weinstein market. it is sold, one of the longest in history. a devaluations on the market are the highest since the.com era. if you don't cozy up to a company you could pay for with your career. fund managers have to be in the market. you will love this. record share of fund managers confessed that they are taking above averages. to first time they described the u.s. market is overvalued. you've just got to own it. the presumption again is we will go into these valuation because tax cuts are going to reduce growth and free of profit growth and valuations will suddenly go from obscene to normal. neil: that is brilliant. you are the first one to tie into market developments.
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thank you very, very much. wall street may be not letting us today. concerned maybe this is all it's cracked up to be. weigh wayne on the markets the last couple of days. again, no one seems to know for sure outside of moving fast and furious to get this done. after this. needles. essential for vinyl, but maybe not for people with rheumatoid arthritis. because there are options. like an "unjection™". xeljanz xr. a once daily pill for adults with moderate to severe ra for whom methotrexate did not work well. xeljanz xr can reduce pain, swelling and further joint damage, even without methotrexate. xeljanz xr can lower your ability to fight infections,
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neil: all right, roy moore is refusing to step aside amid calls for a new candidate, chairman amy tarkanian, democrat strategist, welcome to all of you. i found sent interesting number that we tend to dismiss candidates, but it occurred to me that lisa murkowski after losing the primary to joe miller ended up being the writing candidate of choice. so, back in 2010 there was a case to be made for winning our right. what you think of that? >> have any right in candidate does put a damper on the race. i have witnessed third-party candidate then i guess you could put the writing candidate with
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just the right amount of votes from the supposed that front-runner. ended does hurt. neil: in that case, the scenario is that it would divide the republican vote in alabama with the mad dash to try to get taxes voted on in done before that december 12th election. what do you think? >> the most frustrating aspect is thinking about all of this is that republican don't seem to know what they want to do about this. republican party saying bar the chamber, don't let this guy and we had to tell him from office and the other half of the party repeating heresies. so i think watching the republican party is not be able to figure what to do commanding me to decide are they going to back worry more or be consistent with that. right now as we seek a prominent
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new jersey senator bob menendez currently seeking 14 counts of bribery and corruption in the called every single member and every democratic senator and not one of them said a bad word about him. democrats are much better about deciding what they're going to do in staying on message and staying on point and this is honestly why the republican party needs to burn to the ground because they keep tripping all over their you know what they can't decide. tree into tell me what you mean next time. we know could likely result the whole thing a shot down. on this back-and-forth over roy moore, it would narrow the gap if democrats put a 51-49 senate. you think it does so if i were the case before the tax cut he has voted on. >> well, i don't think they look
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at tax reform through by december 12th. as it relates to election, i'm a democrat. i'm happy either way. this is a political noose around republicans next. this is terrible. he will cause havoc for the party. every time he's in the senate chamber. if they lose, that means a democrat won in alabama. i don't think are right and it's going to work. if you look at what happened in virginia, democrats are motivated. independents are motivated with democrats and i think we are motivated right now in alabama. the last five polls that were taken since the allegations on worry more. we are only down two points. it's not an easy task, but even closing this gap, we could lose this race within the margin of
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error. that's a really impressive feat for democrats in alabama. there's so many differences on tax reform right now. win or lose this race tax reform as a whole different beast than it's going to be a real challenge to even get something passed by the end of the year. neil: they hope to. do you think they can? they are discomforted by what is going on and what he brings. i do think there is a rush to get it done. sometimes the rash doesn't make it any less. i wonder whether they go back to rule the day they come up with this thing. what do you think? >> that's very true. not to rush through any good policy. republicans are feeling the pressure. they believe they need to win. if they do have this candidate, it will be damning to the gop
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candidate. what is unfortunate is the smear tactics that are last minute have become the new normal. my family personally has gone through defamation lawsuits and currently going through one now. these are allegations and if we come to find out they are true it will not be after the election several years from now if they go to court. republicans calling for moore to remove themselves without what happened to innocent until proven guilty without knowing they will find out these answers three weeks outside the election. >> you could be rebels to see what happens. the one thing i'm asking is what will be the end result of this. let's say right now they do rush and get a tax plan through, but it doesn't have the desired effect. in other words, the corporate releases and such they actually
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are back in their stock from which they are free to do, but it won't be with the president told us they would do another tax cuts are individuals. people are going to say this isn't what i thought it was going to get and you could actually boomerang. the >> we all know what's going to happen. republicans are going to act completely on this issue. the attorney said the earnings slowdown breaks for corporations. we know tax reform will not happen no matter what they say. we know they are lying about it. the reason why relief is in greater is because no one is willing to touch entitlements. that's the problem. every dollar we pay the taxes, 50% will go to medicare and medicaid and no one will touch the problem. individuals like me i'm not going to see any of those in a fit. neil: i can deal with that.
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i'll be fine. >> but still, the reason you're not getting a bigger tax break is they're not willing to touch that problem. neil: you are right about that. on both partieshe inability come as something wre they do have to come together andhey don't t deal wit this kind of issue. doeshat bother y? >> they could de a lot ofjo hasg about infrastructure with tax reform. they haven't done anything to come together. there's a plan in congress that deficit neutral. looks at how you can repatriate funds from corporations that have their money overseas. god is deficit neutral. they are not looking at policies to work with senator schumer. i think absolutely not.
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i would be absolutely open to working with them if we were lucky we were lucky not really for middle-class families. that's not what this bill does, what the senate bill does and this will hurt average americans. this hurts educators who spend their own money to get supplies for their kid. neil: worried about supply credit. there's plenty more problems with it. you know, we haven't even started talking about each bill and state and local deductions. there is real problems here and i don't think they're going to get it done. neil: guys, we like to thank all of you. in the meantime, jeff sessions is done with a lot of questions on capitol hill right now. originally, who talked to them in the russian camp and whether george papadopoulos talks with either session for anyone else in the white house, then it grew
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to approve the president has been strongly urging the justice department of the clintons. barack obama, uranium one, all this does and sessions is kind of between iraq and a hard place on this weird how he is balancing that. after this.
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♪ ♪ >> doesn't that warrant in addition to all thes we know about james comey in 2016, doesn't that warrant naming a second special counsel as 20 members of this committee asked you months ago to do? >> well, mr. comey's no longer the director of the fbi. >> thank goodness. >> we have an excellent man of integrity and ability in chris wright, and i think he's going to do an outstanding -- >> he's not here today -- >> the time of the gentleman has expired. >> it looks like there's not enough basis to appoint a special counsel. neil: wow. and i think they're both republicans. fox news senior judicial analyst judge andrew napolitano -- >> that is the smartest thing
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i've heard all morning. yes, they're republican, on the same party, and they're bitter adversaries. neil: do you think there should be a special come? >> no, but i do think these investigations should take place. i think the investigation of mrs. clinton over the e-mails should be reopened, the investigation of uranium one should be reopened, there should be an investigation of why the fbi dropped the ball on the clinton investigations. but i don't want an independent counsel, i want the regular doj lawyers to do it. an independent -- neil: what's the difference? >> the independent counsel is not answerable in the political system, and the independent counsel has a tendency to do this: i'm going to spend $8 million and not indict anybody? that's the end of my career. i better indict somebody to justify what we did. i'm not suggesting that's why paul manafort and rick gates were indicted, but that's the mentality, and we don't need that in the doj. we have enough fbi agents, enough lawyers -- there are 90,000 people that work for the
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doj -- to investigate without any conflict. neil: could sessions be saying that to the boss, president trump, who seems to be kind of strongarming, we've got to do something here? >> here's where i agree with sessions, and i do not envy him, because you and i know from having met him how strong the president's personality is and how he expects people that work for him to do what he wants them to do. but jeff sessions' boss is not the president, jeff sessions' boss is the concept of justice. and sometimes you've got to sacrifice your career in that position to do the right thing -- neil: but if he never does anything on this -- >> if he does nothing, he's got enemies on both sides. the -- neil: that would be the cue degras for the president, right? >> absolutely. the republicans will say you're letting hillary off the hook. the democrats will say what kind of an a.g. are you? you're afraid of your own boss. neil: he can't win. there's an effort that half the
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republicans in the senate want him out of there, roy moore, but he's on the ballot. there's a push for a write-in candidate, mentioned sessions, he's not interested. legally his name remains on the ballot even if he stepped down. >> yes. if his name remains on the ballot and he wins and he has withdrawn, then there's no person elected, and the governor has to call -- [audio difficulty] if he wins, then we have the following problem: can the senate refuse to seat him. answer: no. supreme court has spoken clearly on that. neil: really? >> there's only three requirements; one, that you win the election; two, that you are a lawful resident; and three, that you be over the age of 30. then it becomes, okay, as a senator can we expel him. well, senators and congressmen have only been expelled for inappropriate behavior while in office, not before office and
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not 38 years before office, so he can't be expelled for that. so which would be better for the republicans, to have a member of their own party who's a lightning rod who the own party won't even physically shake hands with, or have a moderate to conservative democrat from the deep south giving chuck schumer -- giving mitch mcconnell a razor-thin majority of 51-49. neil: but mitch mcconnell is among those who say you got to step down. >> right, right . he steps -- i don't know what they mean by step done. if he simply says i'm not going to run anymore, they're handing it to the democrat. the democrats are so motivated, particularly now after this scandal erupted, i don't think any write-in short of jeff sessions himself could succeed in beating the democratic candidate. neil: now, this is going slightly outside your purview, but you're so brilliant. your thoughts on how republicans clearly are rushing to settle this tax cut legislation before the 12th, before december 12th.
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letting aside whether that's even doable, what do you think of the strategy here just in case? >> well, from their point of view i think the strategy is a good one, because i think it will work. from the point of generating economic fairness, this is the worst tax cut of the modern era. neil: it really is awful. >> why not just cut everybody's taxes, cut all the rates including corporate rate, and while you're at it -- neil: they're on defense, republicans are on defense. >> do the things you promised to do. what are the republicans afraid of? neil: yeah. do you get a sense, finally, that republicans are now trying to throw into the mix here -- at least in the senate, i think, judge -- the individual mandate, include that in this? i think that's a sure way, whatever you think of the individual mandate on health care, to make this a loser. because there are enough senators, certainly, who are skittish about even touching health care that whatever tepid support a tax cut might have, you just guaranteed peeling
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off -- >> fully agreed. you'll have rand paul and ted cruz saying it doesn't go far enough and lisa murkowski and susan collins and one or two others saying, what? you're going to throw people out on the streets? if we don't have the individual mandate, this is their argument, there's not enough money in the pool to pay the medical bills of those who really need them. that's the theory of obamacare; force people to pay insurance people qualms that don't need it. neil: you've been great -- >> it's a mess that obamacare created -- neil: but it is what it is right now. >> you give people a piece of the federal pie. it's nearly impossible to stop giving it. neil: you can't take it away. >> right. neil: mueller, next target is -- >> general flynn and general flynn's son. i believe their two lawyers, the general's lawyers and the son's lawyers, separate lawyers, are negotiating some sort of a deal as we speak. because mueller's people leaked last week just as the president left for asia that they had more
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than enough to indict them for a variety of wild things including conspiracy to kidnap -- neil: yeah, i saw that. >> -- this turkish guy who lives near where you and i live in western new jersey. neil: goes outside the original purview, doesn't it? >> that's the danger of independent counsels. they indict for things that have nothing to do with their charge. neil: judge, you're the best. scary smart, the judge. all right, google monopoly questions are piling up, and now an antitrust probe is here. not in europe though. it's not the french doing this. it's a state. after this. ♪ ♪ think your large cap equity fund has exposure to energy infrastructure mlps? think again. it's time to shake up your lineup. the alerian mlp etf can diversify your equity portfolio and add potential income. bring amlp into the game.
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neil: all right, we are getting detais of a school shooting in northern california. three are dead including the assailant. this is in northern california. the shooter was killed after wounding some of these children at the same school. we don't know their ages.
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we know this started in the shooter's home. he had left the home and then hit the school and just fired up at the school. we don't know whether his death was self-inflicted or authorities got to him, but three are dead including the shooter . we get any more details on that, we will, of course, update you. in theeantime, google is facing an antitrust probe not in europe, i'm talking missouri. gerri willis has the details here. >> yeah, neil, it's a real pile-on. missouri state attorney general has launched an investigation into whether google's business practices violate the state's consumer protection and antitrust laws. missouri a.g. josh holly said yesterday that he had issued an investigative subpoena to look into whether the internet giant's use of user data, use of other sites' content and manipulation of search results, only alleged at this point, favors its own services. just yesterday we reported that the european union is about to fine google in the wake of an
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antitrust probe, and back in june you'll remember the e.u. finedded bag to -- fined google for favoring its own shopping ads. now missouri's probe coincides with the expiration of a five-year period in which google agreed to make changes to its business practices in the wake of an antitrust probe. now interestingly, one of this seems to be having much on an impact on google's stock. it's down marginally today, practiceally, up 30% for the year and 33% since the election. google saying this: we've not received the subpoena, however, we have strong privacy protections in place for our users and continue to operate in a highly competitive and dynamic environment. google has disputed european regulators' charges. and as i toss it back to you, mr. cavuto, i know you're going to be interviewing that a.g. tomorrow, and i have a modest question for him which is this: he's running for the senate in
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2018, going to try to take claire mccaskill's seat. is this a help or a hindrance, this big lawsuit against google? neil: yeah. in that state as well. interesting. gerri, thank you very much. gerri willis. a little bit more detail on that shooting in northern california as gerri was speaking there. authorities took down the assailant in this case. he is just described as a young teen, and other reports we're getting out of the local press there three are dead including the shooter. this started at his home, we believe, got to the school, started shooting students. we don't know how many he injured, we do know that they were targeted, and we do know that he's dead, that authorities on the scene took him down as well. three are dead, a number injured, but that's all we can report at the time. in the meantime, we've got donald trump headed back to washington, d.c. after a 12-day asian trip. he is, obviously, talking up the progress he's made on his trip
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including billions of dollars worth of trade deals. >> trade, you will see numbers that you won't believe over the years. it's over a period of years. they will be treating us much differently than they have in the past. we actually sold $300 billion worth of equipment and other things, and i think that number's going to be quadrupled very quickly. so that's over a trillion dollars worth of stuff. neil: all right. i don't know where the president got that trillion dollar figure or even the 300 billion. i've heard it closer to $240 billion in committed deals, about $180 billion of which was signed, sealed and virtually delivered. i don't mean to doubt his math, i just haven't heard that figure. if true, it would be eye-popping and then, of course, both countries would have to deliver on the goods, so to speak. but what do you think? >> well, he was trying to sell into the future like he did with saudi arabia.
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almost every place he landed, apparently, he was saying why don't you buy more stuff from america. trump is very focused on the trade deficits as he has been for decades, to be honest. it was a sales trip, and that's what he -- he wasn't there to tell them they're not politically correct or these leaders there are not democratically-elected or treating their people bad. it was about the environment, selling american stuff and doing better trade deals. i would say the winner was sort of china because chinese stocks didn't do well after trump was elected. that was kind of like we're going to redo china, that was his main area of focus, and they were not beneficiaries of the tpp, and now their stock market's doing better than other asian stocks. they impressed trump with a show, pomp and circumstance, and i think they might benefit more than other areas. the other countries are weaker than china and want us on their side, and i don't think trump's taking a side. i think he'll do deals with china separately. he's not going to help the other
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countries be china, basically, so i think that was in some ways a win for china. neil: separately we're getting reports from wilbur ross, the commerce secretary, that some kind of a nafta deal could be struck and soon land on the president's desk. what do you think of that? >> i think he wants to redo a lot of deals, and they won't be as radically different as you would think they will be, and that's probably good, but it'll let him put a trump spin on them. i think they're going to be redone in a way that's not wholesale redoing it, that looks a little more advantageous to america. i don't know if they'll get anything done soon, but it wouldn't surprise me if he has similar but more trumpian versions. the nafta deal could probably use some redrafting anyway. neil: jonas, thank you very much. the school shooting is in northern california, three people shot and killed when a
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shooter openedded fire at an elementary school. it was reported near rancho tehama as some parents were dropping off their children, a shooter was apparently already on site. we don't know if the shootings occurred inside or outside the school. but it was a firecracker, popping sound that a number of parents reported and that two students were, indeed, killed. the shooter himself killed as well by authorities on the scene. we'll have more after this. building a website in under an hour is easy with gocentral... ...from godaddy! in fact, 68% of people who have built their... ...website using gocentral, did it in under an hour, and you can too. build a better website - in under an hour. with gocentral from godaddy.
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neil: this is some tmz video of these three ucla basketball players minutes before boarding their flight back to the united states. they've been charged with shoplifting in china. the president of china and the united states, donald trump and xi jinping, apparently working out this problem to allow the kids to come back home here. and they are coming back home. so we'll keep you posted on that. meanwhile, reports that ffl other thans are threatening jerry jones, stop trying to block roger goodell's contract extension. jones saying he's going to let the process work itself out. >> he has 18 months left on it. we've got all the time in the world to evaluate what we're
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doing. we've got all the time in the world to extend him. we just need to slow this train down and have a lot of time to discuss the issues at hand in the nfl and have a good, clear input from all the owners, which we're not getting. neil: all right. to sports agent doug eldridge, he has represented a number of nfl players. what do you make of it? jerry jones seems to be the most prominent of the owners with serious doubts and reservations about renewing goodell whose actual term doesn't end for another 18 months. so he's saying what's the rush. other owners seem to be telling him, you know, what's your beef, right? >> right. mr. jones is certainly a formidable asset by any measure. i think if they were to make the decision today, net-net it's a good call to extend roger goodell. neil: why? >> you have to view it like a balance sheet, neil, assets against liabilities. from an asset standpoint, when
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he came in in 2006, the league was doing roughly $6 billion a year in revenue, a decade later it was $14 billion. they also had record-breaking media contracts and the impressive conversion to truly being a brand. now, the proverbial liabilities, if you will, is what i call the perception tax, and by that i mean a series of high-profile, national issues individually and cumulatively which have taken a toll on the perception of the nfl from domestic violence to head injuries to more recently the kneeling and the seeming juxtaposition between patriotism or social justice. but even when you overlay those two to create the net-net that i referenced, i believe the league and all 32 of their owners -- including mr. jones in dallas -- have unquestionably come ahead over the tenure of his term. neil: but it's sor of ignoring e controversy over the kneeling thing andll of a sudden the declining ratings, it's sort o what have you done for me lately, and some owners are getting skittish about that. should they? >> well, rightly so. and as mr. jones alluded to, 18
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months can be a very long time in the current environment, neil, a very, very long time. unfortunately, now they -- being the other owners -- have actual metrics to which they can point to say, hey, this perception tax is actually having a demonstrable impact on our bottom line from dropping sponsors to dropping ticket prices to empty seats in the arena, right? to sagging not just national television ratings, but what's even more concerning is in-market, for you in new york, the giants and the jets, down here in d.c. it's the redskins and the ravens. so there's no shortage of things to point to, but i come back to it having to be a net-net calculus because there is no perfect gross assertion or outcome. neil: so is there another backup choice in case things fizzle with him, with goodell? >> i'm not sure, you know? i think there are -- in one of our prior conversations i said to you i can't imagine a more difficult job within the broader scope than mr. goodell has right
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now because he's essentially being asked to ride herd over a litany of social issues the likes of which incredibly divisive. if you're for it, you're for it, if you're against it, you're against it, and there's no shortage of barbs. we've heard condoleezza rice express interest and a number of others, but i do think consideration has to be given to mr. goodell. now, to be clear, i'm certainly parting ranks with most agents and players and a lot of fans. but the big criticism of commissioner goodell really has nothing to do with his contract, and that is in most instances he's the judge, jury and executioner when it comes to player discipline. as an agent, i would certainly agree that needs to be rebalanced, but that comes from the cba. you can say, oh, doug, they can take it to appellate review or arbitration, but that feels like the harlem globetrotters and the washington generals. we know how that game's going to end. neil: we do know.
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>> mr. goodell always wins, so that's the one lingering issue, but that doesn't have anything to do with his contract. that's the cba that was collectively bargained. neil: doug, thank you very much. we'll have more after this, the dow down 54. . . . .
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the he will arrive later tonight. he will be a busy bee on thursday when he plans to meet with congressional republicans, house republicans, on very same day they vote on the tax package. of course action in the senate. he is thinks it is all looking good, despite what markets are saying right now. to trish regan. hey, trish. trish: hey, neil. very busy day on capitol hill. senators debate a tax bill. we learn there may be a probe into hillary clinton and that highly question

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