tacked on enough points to make it a gain of 203 points!? [closing bell rings] we have five records on wall street here after the treasury secretary says come next month you will start to see the tax cuts in your "paycheck.." that is the claman countdown. this is "after the bell." david: the dow making a comeback in major way, ending up about 204 points, trading above 25,500. i'm david asman this is "after the bell." here is what we are covering in very busy hour. a showdown over surveillance. the house passing a controversial spy program despite mixed signals from the president. the white house trying to clear up the confusion this afternoon. we're expecting a big decision from the president on the uranium nuclear deal.

it could come down this hour. we're monitoring reports from the white house for any news. and the biggest private employer in the country making a huge announcement today. walmart handing out bonuses, boosting its minimum wage thanks to tax reform. so what are the naysayers saying now? first to the markets, the dow closing at a record high for the fifth time this year. chevron, boeing, intel, caterpillar, they are among the biggest winners. for more let's go to nicole petallides on the floor of the new york stock exchange. nicole, what is driving the markets today? >> pretty amazing across the board optimism is back. yesterday we talked about a few, to the downside, just fractionally. today a different picture. as you can see dow, nasdaq, s&p, russell, transports, all at record highs. oil, an interesting story as both west texas and brent crude move to highest levels in three years. we look at chevron winner on dow jones industrial average,

hitting all-time high after an outperform reading from bmo. a few things, number one they talk about projects ramping up, u.s. tax reform and better oil prices helping chevron across the board. we saw all of these names in the green there, as we look at them. they're also, there are the airlines. delta came out with its forecast on heels of yesterday when we heard from united and also american airlines. when they give positive forecasts, that helps to boost the stocks and also the transportation index. a quick peek at these banks reporting tomorrow. jpmorgan gaining. wells fargo pulling back fractionally. david? david: happy banks. nicole, thanks so much. the tax bonus boom continues. walmart, the world's largest retailer join agroing list of companies to raise hourly wage notice wake of the gop tax plan. our own jeff flock is live in illinois with the very latest. hi, jeff. reporter: hi, david. speaking of stocks i want to

take you to the walmart board for the first time. it got over 100 for the first time today. investor even liking that the subpoena spending $700 million to increase wages. minimum wage will be $11 at walmart. focus on the family, new benefits for walmart workers. this is something other companies haven't done. walmart increasing maternity leave from eight weeks to 10 paid weeks. paternity leave now is going from two paid weeks to six paid weeks. they will also help you if you're going to adopt a child. $5,000 for each child you adopt in terms of assistance. so that is kind of cool. as you point out, david, this is the latest company to do this. steve mnuchin talking earlier at the press briefing, talking about more than 100 companies that have done something including wells fargo and fifth third increased minimum wage in terms of bankers. at&t and comcast as well as jetblue with 1000-dollar bonuses.

boeing giving out $300 million to charity. some people are surprised by this outpouring but steve mnuchin, treasury of the secretary today saying he is really not surprised. >> the whole purpose of the tax cut act was to put more money in companies so that they could compete competitively with international companies. i think you know we had one of the highest tax rates in the world. we taxed on worldwide income. we changed that. this is revolutionary process. we thought it would be great for the economy and we're thrilled already number of companies that we see reacting accordingly. reporter: of course the naysayers would say not like they're giving all the money back, not that they were obligated to give all money back to their employers. another negative point i would point out today, we're fair and balanced and will report, sam's club, part of walmart, today announcing the closing of 63 sam's club stores across the country with 100,000 workers

potentially put out of work. so every sunny day a little rain perhaps must fall. there you have it. david: there's a movement, the movement that walmart is a part of, seems to be a stronger one in this economy. thank goodness for all the workers. >> it does. david: jeff, thank you very much. melissa. melissa: growing list of companies citing tax reform for wage hikes and bonuses doom and gloom continues from some democratic leaders. >> in terms of the bonus that corporate america received versus the crumbs that they are giving to workers to kind of put the schmooze on is so pathetic, it is so pathetic. melissa: crumbs, just crumbs. scott martin, kingsview asset management, chief investment officer. he is also a fox news contributor. look there, is a.b. stoddard "real clear politics" associate editor and kevin kelly, managing partner. scott, let me start with you, what walmart workers are receiving, those are just

crumbs, crumbs. >> yeah crumbs. nancy pelosi, i guess she did one thing for me today, melissa, that was make me hungry. crumbs i guess those are what, thousands or hundreds of dollars created in your 401(k) in the last year or so, from the best, we have highest balances average 401(k) balance we ever had because of stock market because of donald trump's policies and gifts he is giving out to corporate america taken away during the obama administration. those are crumbs i guess. crumbs are million jobs created last year. higher wages. multiyear highs we did not see in the obama administration. more crumbs off the sandwich, to me that is a great sandwich to be falling off of, if you want to take a bite of this economy going forward you will be pretty happy being american worker and investor in the 401(k) in this economy. melissa: yes. let them eat cake. ab, i have seen study after study, that give walmart workers more money, they spend it at walmart. one of those cycles that

benefits everybody and keeps going. >> the fact that the administration this soon after the passage of tax reform point to tangible outcomes that favor workers is really important. politically republicans are worried about disapproval numbers of tax legislation, consistent until polling this week. this is kind of thing they can talk about the campaign trail real working at home. if voters begin to feel that their family members, their own pocketbooks, their friend, their neighbors, their communities are improving at places of work, in their paychecks, then this is going to be politically much more powerful than the polling suggests for republican joss kevin, i feel like you hear ceo's say one thing when they're on panels and they know they will be quoted, often times reflects their politics and then when the rubber hits the road and they distribute money or they're on their conference calls where they will be held accountable for the truth in their financial results, it shows more stuff like this. what do you think? >> i think this goes back to the

whole fact under the eight years of obama administration a lot of these ceo's and presidents of these companies were worried about the regulation that was strangleholding their decision-making especially going out into the future. you had alphabet soup of agencies whether from the epa, or the cfpb with uncertainty that they couldn't raise wages for employees because they didn't know what the administration would do. you see fiscal policy come out and unleash the american economy. this president is focused on growing the economy, instead of divvying up into smaller pieces. when you talk about these conference calls, we're going to see this quarter come out from companies, we're going to see more and more of them take care of stakeholders which include shareholders, buybacks, increased dividend and employees they want to take care of. david: president trump touting economic numbers tweeting out in a new "qunnipiac poll" 66% of

people feel the economy is excellent or good. that is the highest number ever recorded by the poll but the poll also found 49% of americans say former president obama is more responsible for the current u.s. economy while 40% believe trump should be credited. a. about, if the economy keeps up its pace, i'm not just talking about the stock market although it was up another 205 points today, but if the economy continues to grow at 3%, if bonuses continue to get handed out, if minimum wages keep getting risen, won't the president and republicans benefit in november with the midterms? >> they sure hope so, this would be the first time if you look at the president's approval numbers. first of all his best approval numbers are on issue of the economy. if you look how the economy is doing and his general approval numbers, there is a huge disconnect. he is incredibly unpopular for a economy that is strong. republicans might worry that first time that the voters make

assessment disconnect from the strength of the economy and don't give incouple pent party and president but they hope time will change. the other numbers president very poll, leadership ability, effectiveness, honesty are absolutely ghastly. that concerns republicans in swing districts they need to protect the majority of the house. david: we'll talk more about that throughout the hour, kevin looking at the stock market, there is no question. paul krugman notwithstanding that the president, president trump is responsible for this rally, starting the day that he was elected president. >> yeah. there is no doubt about it. that is hard to dignify this poll because that shows the naivete or the people that just don't want to give credit to this president. i'm actually surprised it was only smaller amount, given the fact we know the polls are actual given to a lot of leftist thinking people. we saw that going into the election of the president. so i think when you look back at this economy, you have to give

it up to this president. i mean all of sudden you saw his deregulation policy, now his fiscal policies for american companies are more competitive in the worldwide market. david: scott, very quickly, whoever is presiding over this economy, if it's a booming economy, won't they get the credit? >> i would hope so, david but i think ab brought up a really good point. disowe nance over the republican democrat high, however the economy is so good may not save the midterm elections for republicans. >> policy shift on medicaid. states are to impose work requirements for recipients in order to keep their coverage. skills, education, job search, volunteering, care-giving these are things for able-bodied working age adults of the does this make sense? >> it actually sound like there are a lot of carveouts for people in opioid addiction recovery. obviously carveouts for pregnant

women, elderly, the sick. sound like there is very practical path for able-bodied people here. it is obviously going to depend on the definition of able-bodied. democrats in the obama administration resisted doing this, because it would lead to less health care coverage. medicaid has become very popular after implementation of obamacare. melissa: yeah. >> it will be the definition of what voter feels is fair and in terms of able-bodied requirements. melissa: kevin? >> yeah. i think this is a very important thing especially because states have come under attack under the obama administration, right? we saw a move to federalism. as long as we let the states decide what is in their best interests i think this is a great move. melissa: guys, we'll leave it there. thank you. david: well it is the trump administration's biggest crackdown on illegal immigration to one company to date. i.c.e. targeting 100 7-eleven stores. details of the raids and arrests that followed, the warning to other companies. melissa: the president has said

americans will see bigger paychecks come february. we're getting some proof of that today. what treasury secretary steve mnuchin just announced this afternoon. david: also a showdown over surveillance. drama on capitol hill with the house passing a very controversial spy program, despite mixed signals from the president. how the white house is responding now. >> the president doesn't feel that we should have to choose between protecting american citizens and protecting their civil liberties. he wants to do both. ♪ how do you win at business?

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melissa: the white house just wrapping up a daily briefing where reporters pressed sarah sanders on wide array of topics. go straight to blake burman. it was spirited, blake as usual. reporter: steve mnuchin was right off the top, melissa.

as the irs and treasury department today received new tax tables accompany the new tax code. treasury secretary steve mnuchin saying this will allow businesses and employers to withhold the correct amount of taxes so employees start seeing those tax breaks at points in february. there is though, there are some tweaks or at least some kinks that deal with this. for example, the outdated w-4 form will still be in place this year. the treasury department is instructing people to go to the irs web site to look at soon-to be-released taxed call indicator. critics say this is being rushed too quickly. the treasury secretary is saying no. >> in no way this was rushed to get this out there forepaychecks? >> absolutely not. we update the withholding tables every year. our objective to get money as quickly as we can. 90% of the people will see changes.

reporter: the tax cut message was largely overshadowed today by two tweets that president trump sent out early this morning as the house was set to vote on surveilling overseas communication, the first tweet came 7:30 this morning. house votes on controversial nice a act today. this is the act that may have been used with the help of the discredited and phony dossier, to so badly surveil and abuse the trump campaign by the previous administration and others? however the white house and national security council both support overseas surveilance. 45 minutes later that was followed up by this tweet, that being said irv mask of the unmasking process, today is about foreign surveillance off foreign bad guys on foreign land. we need it! get smart! sarah sanders trying to argue there was not any confusion. >> we don't think there was a

conflict at all. the president fully supports 702, was happy to see it passed the house today, but he does have overall concern with the fisa program more generally. reporter: can tell you, melissa, those tweets this morning sent national security officials, lawmakers in washington to a total scramble. i can tell you one of the phone calls the president was involved with after the first tweet was with house speaker paul ryan about this very topic. melissa. melissa: what a day. blake, thank you. david: here now is republican congressman brad wenstrup from ohio. he is on the house intel committee. congressman, it is ironic on very day you voted for the extension of the fisa bill we're investigating, house intel committee is investigating whether it was misused to spy on the trump campaign. it was that kind of miss use that led people like senator rand paul to say the following. play the tape. >> it is one thing to spy on foreigners in foreign land, that

is what the fisa act was supposed to do but millions of americans are accidentally or incidentally collected in this database. we don't want people willy-nilly just looking into this database without a warrant. david: one of those millions americans might be the president himself, congressman. >> i think what is important to understand what we're trying to accomplish. for us to have a healthy debate between americans privacy and the safety and security of americans at home and abroad is a very important thing to do. we saw that. we saw that play out here today. you know, for me i served in iraq. we got foreign intelligence reports on a daily basis. why? it helped us prepare. david: absolutely. >> it helped us to deter to be out ahead of things. it is life-saving. david: i understand. >> down to the point do we have enough blood for what may be coming our way. these are important tools. we don't want americans to be abused by this system, and nor do we want the fisa court to be abused either. david: there is a question whether there is something in the middle, something that will

protect americans from getting swept up into stuff they don't belong in because of a fisa warrant, and making sure that our people fighting in the wars and just american public in general is kept safe from foreign terrorists and people who wish to do us harm but how do you find that safety mechanism? >> well, that is what we debate about and every step of the way, every time we brought this up as far as the 702 program there have been more things put in place that can assure the american people that they are not going to be taken advantage of in some way along the way. this is a matter of speed too. sometimes you have to think like the enemy. i do that as a soldier, right? i'm watching this today, i'm watching this debate in america, what i would think it may lead to when our adversaries and enemies communicate, they might try to include an american, whether they're conciliatory or unbeknownst to them. why? it would slow down the process of allowing us to use the information we get to make sure

we are safe. david: congressman, we have found out, partly through the good work you're doing through the house intel committee there were individuals at the fbi and justice department who probably, its appearing now probable that they used or misused fisa in order to spy on a political campaign. and that's a big problem. here's what andy mccarthy, there is great prosecutor, former prosecutor named andy mccarthy spoke how the fisa courts might have been used in this process. let me play that tape. >> what's really problematic is that former fbi director comey testified in june of last year, so that is 2017, that the dossier was salacious and unverified, and my point is, if it was unverified in the middle of june 2017, it had to be unverified in september of 2016 when they probably went to the fisa court and, and when they certainly briefed congress on it. david: congressman, unverified

dossier may have been responsible for a fisa warrant. that is unacceptable. how do we prevent that from happening? >> that is completely unacceptable and it amazes me that someone like james comey as director of the fbi would take something unverified an even seek this at the court. then it could get through the court. so we are in the process of looking at all the things that raised our eyebrows. the process of unmasking, how this wag able to go through. we have to correct these things so things don't slip through the cracks like that because that is embarrassing to me even presented it that way. david: a very important topic. wish you the best for the safety of all americans. thank you very much, congressman. >> my pleasure. melissa: destruction in southern california as mudslides tear through recently-burned land. rescuers are desperately searching for survivors. we have an update coming up. some senators say they reached a bipartisan deal on immigration?

but can they get the rest of congress and the president on board? former governor tim pawlenty joins us on this crucial topic right after the break. >> i think we're close, and i can say i think that deal is on the table. it is really a function now of trying to get everybody there and push this thing across the finish line. ♪ ether. two boyfriends, three jobs... you're like nothing can replace brad. then liberty mutual calls... and you break into your happy dance. if you sign up for better car replacement™, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. liberty stands with you™. liberty mutual insurance.

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no the bipartisan group, six of us we're shopping among our colleagues. we don't want to release details until we talk to more of our colleagues. all i can say it has to get 60 votes. we're only bipartisan deal in town. the president asked, that was the call he issued on the four principles. this addresses all of them. david: deal or no deal? senator jeff flake says they have a bipartisan deal on daca in principle but others like senator tom cotton and white house say he is getting a little ahead of himself. this proposal doesn't meet the

standard set by the president but they are close. bring in former minnesota governor tim pawlenty. great to see you. how could the immigration deal affect the midterm elections coming up? >> it is as you know a very sensitive issue on both sides of the aisle. if done poorly or ham-fistedly it could backfire on both sides or one or the other depending on details. david: so far the president's base i would think you agree with me is extraordinarily loyal to him whether the base is 30%, 40%, something like that, but this is something the basis divided on. let me play a tape from laura laura ingraham's show. she is member of that base. >> i will wait to see what the final daca looks like, if it does not include a wall, a real wall, not a see-through wall, expect a political revolt from the base, may lose the house and

senate. chain migration, absolutely necessary. david: rebellion from the base, that possible? >> i think laura's comments you just showed, in some previous shows she has been on, here is her conditions for a daca deal reflect sort of the thinking and expectations of the base. if the congress or republican-controlled congress or the administration substantially disappoints in that regard, there will be a boomerang, no question about it. david: reading through all the political papers which i have to do, part of my job, i don't relish the moment in my life but there is this phrase that keeps coming up about a wave election. democrats will have a wave election, et cetera. i assume that they want that to happen, and that they would avoid anything that could interfere with a wave election, if it is going to happen. frankly i don't happen to agree with it, but coming to some kind of a deal with the president could work against that goal, could it not, for the democrats? >> if you're in shoes of the democrats, i suppose it would

take off pressure in the own base there is a daca deal. they also, i think would be held accountable if they don't get a deal from the same group. they're in awkward or difficult spot as well. david: they're also in awkward spot with regard to the senate races coming up because correct me if i'm wrong on the math, but republicans only have eight senate races to worry about. the democrats have something like 26. the odds to quote "the hunger games," the odds are in the republican's favor, no? >> the most competitive seats, think about west virginia, think about indiana, north dakota, wyoming. david: or if you think about the state you're from, minnesota. al franken is no longer in the u.s. senate. he has a replacement. tina smith but she is pretty new. would you be interested in that seat. david: -- i was making myself the states are trump states, red states, the ability of democrats

to defend states are challenging. there may be pick up opportunities. minnesota may be one of those. we have to be realistic and true and candid about the, national ballot substantially favors democrats according to "real clear politics." according to economic news and effects of the tax bill, that will change between now and election. right now appears to be surprisingly very hostile environment for republicans in swing states, blue states, like blue states. maybe that will change as the economy and tax bill affects improve. david: governor, that was a will answer but it didn't answer that single question that i ended my question with, which is are you going to run for the u.s. senate in minnesota? >> it is a very daunting proposition. it is light blue state even though president trump came close to winning minnesota, if set high water mark in terms of republican vote recently he lost in minnesota. he got close but he lost. it is very challenging. gives me great pause to think about that.

david: a pause but you're not ruling it out, huh? >> i am not ruling it in and not leaning toward doing it. david: we'll let you off the hook. governor, thank you very much for coming in. appreciate it. >> you're welcome. melissa: taking aim at a fiery first year. how "time" magazine is illustrating, look at that, president trump's time in office. debate on the controversial cover coming up. david: all right. plus a looming deadline. president trump making high-stakes decisions whether to recertify the obama iran deal. what will he do? we'll talk to walid phares, fox news foreign affairs analyst coming next. >> there are many activities outside of the iran deal, whether it be ballistic missiles, whether it be other issues, that we will continue to sanction.

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fate of the iran nuclear deal, to waive sanctions effective to keep the agreement alive. treasury secretary steve mnuchin said the president will not ease pressure on the islamic republic. >> the president has been very clear, okay, that many aspects of the iran deal need to be changed. we have as many sanctions on iran today as we have on any other country in the process and we'll continue to look at things. melissa: here now walid phares, fox news foreign affairs and national security analyst. what do you think the president should do. >> i think that the administration main opinion-makers, state department, treasury department, and others have advised the president for this time he would continue, he should continue with not adding but there need to be a price for that is negotiation with the other partners in the deal, that would be the europeans and others, that they need to be tougher on

two things, one the missiles. this is a moment to do a massive pressure against the iranian missiles and their deployment and also putting sanctions because of human rights abuses against the demonstrators. >> i want to be really clear, the only reason why to stay the course right now would be to have that as leverage to deal with everybody else who is in it? it is not really about iran? it is about saying we'll let you continue to do business there if you help us in this way, this way, this way? >> i would say this a few weeks ago before the demonstrations i think yes, that was the case. we have no allies to get out of the deal. the europeans are committed to the deal. since iranians gave us, united states and congress leverage, now you can get from the europeans more pressure. you know what? for the next six months. if we decide things are changing in iraq, iran we can still go back to the deal to say it is not working. >> i want to ask you about something that came out.

this is an article in "the wall street journal" an interview that the president just did. this has to do with north korea. i find this really, really surprising. he said, i probably have a very good relationship with kim jong-un, and everybody sort of blanched. i have relationships with people, i think you people are surprised. then they said, well have you spoken to him, have you spoken to kim jong-un? he said i don't want to comment on it. i am not saying i have or i haven't, i just don't want to comment. do you think he has been talking to kim jong-un? >> i don't have the information, melissa, but i think it is very difficult at this point in time i'm talking to, i tell you what kind of speech is that? by sending task forces around the north koreans, by deploying these important weapons in the pacific, this is talking to the north koreans. by actually speaking with the chinese, chinese putting pressure on them.

this is the kind of dip lee mat tick talking -- diplomatic talking forcing and pushing the north koreans -- melissa: not picking up the phone, hey, kim jong-un, we're coming to get you, he is talking about the metaphorically he is talking? >> i would play on strategic level than a direct call, they would go crazy if we know about that. melissa: did you see the stealth nuclear bombers we sent over to the region? we were showing pictures of them before you came on. wow, what do you think about that? >> i think this is why north koreans are moving south to go to the olympic games. this is the actual reason, when we deployed task forces, you know their leadership. task forces by adding this, probably will put more pressure in addition to the fact that traditional ally china, has become a business entity at this point in time. they don't want to risk too much

more the north. which explains why their behavior changed. melissa: how does that end up playing out because it is clear there is not a rational actor on the other side? >> there is no rational actor at the top, dictator, but the military can count missiles. they understand. they are trying to gain times for themselves, going to the south and creating this cease-fire, then -- i don't think they are reforming. this is not signs of reform at all. melissa: walid, thank you. appreciate your time. >> thank you. david: immigration officials raiding a popular chain looking for illegal immigrants. we'll tell you how many they actually found coming up next. the deadly mudslides in california. how emergency crews are working desperately to find survivors. melissa: unbelievable. david: unbelievable, wow. ♪ t. rowe price. invest with confidence.

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find illegal workers. immigrations customs enforcement says this is only the beginning. with more on the story from los angeles fox news correspondent adam housley. adam. reporter: the biggest crackdown on hiring of illegal workers since president trump took office. immigration agents raiding dozens of stores from new york to los angeles arresting 21 people. agents say they're getting started. >> no one should be surprised. 7-eleven operation is one of the big operations. we're not concentrating on large companies but also small companies. reporter: not saying why 7-eleven was target but warning to other companies with undocumented workers on their payrolls. local stores were raided and surprise. >> i'm very sad and appalled bit. also they're doing all the separation of families. i think that, it is just wrong.

reporter: the raids are part of president trump's ongoing crackdown on illegal immigration. but on capitol hill the future of that policy is far from certain with democrats pushing hard to reinstate the daca program which protects young immigrants brought her illegally to the u.s. as children. president says any deal on daca must include funding for a border wall, a nonstarter for most congressional democrats. >> build up the countries, less folks come in because we're securing those countries. unfortunately the presented a administration with all due respect doesn't look at that. reporter: i.c.e. agents are being considered audits, targeting employers and managers in effort to protect u.s. jobs, giving them three days to verify the immigration status of their employees. in los angeles, adam housley, fox news. david: adam, thank you very much. melissa. melissa: frantic search for survivors. eight people are currently missing as mudslides and flooding continue devastate

areas of southern california. emergency crews working actually hours a day and 500 first-responders are involved in the rescue efforts. the mudslides and flooding killed 17 people thus far. david: amazing. a lot of people are missing. taking fire and fury to a whole new level, outrageous cover of "time" magazine, look at that, depicting the commander-in-chief with his hair on fire. do you think this liberal media stuff has gone too far? nah. melissa:nah ♪ (siren wailing) (barry murrey) when you have a really traumatic injury, we have a short amount of time to get our patient to the hospital with good results. we call that the golden hour. evaluating patients remotely is where i think we have a potential to make a difference.

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melissa: literal fire and fury. take a look at "time" magazine's

cover. this is depicting president trump's first year in office. [laughter]. the president's head obviously depicted in flames alluding to michael wolff's recent exposure of "fire and fury." congressional democrats announce different ways they plan to protest the president's first state of the union address later this month. brad blakeman joins me, former deputy assistant to president george w. bush, richard fowler, radio talk show host, fox news contributor. brad, that is quite a cover, what do you think of isn't. >> the president's hair on fire for good reason. entrenchment in washington. here 101 ways things can't get done. you saw a glimpse in the cabinet room, president opened it up, meeting on daca, a lot of legislators are doing, mr. president, this is too hard, we can't do it. the president doesn't want to hear 10 ways things can't get done. he wants the one way it can get done to negotiate and compromise that has the president's hair on fire and entrenchment and

do-nothing of washington. melissa: richard, strikes me about this cover, makes everyone happy. for democrats yes, his hair is on fire, he is a crazy lunatic. for people on the right, the media, liberal media is insane. they totally don't get it. you know they don't understand how great the president is. i mean this is one of those things that reinforces everyone's point of view. everyone loves it. everyone feels better about their opinion. not one single mind is changed. >> i think that sums it up about right. even though i think his hair is a little bit darker than that shade of yellow. but, here's the thing i think there is a level of media bias against this president. it has everything to do with the president made it his mission to take on the media. melissa: it works for him. works for them. works for everybody. >> seems to work for everybody, with that being said, this first year, this first 12 months sort of culminate next week hasn't been all roses for this president. let's remember, he ran on

repealing and replacing obamacare. that is still not done as of yet. his hhs secretary, we remember, tom price, he was, resigned for wasting taxpayer dollars. his national security advisor pled guilty for lying to federal agents. and laundry list goes on and on of things, a lot of missteps by the white house in the first year. they have things celebrated, they what i consider to be a tax bill, but a tax bill none the same. they're celebrating. it hasn't been all roses for president. melissa: let me give you another laundry list, then. brad, sweeping tax reform. >> right. melissa: individual mandate repeal. arctic drilling. record stock market. roll back regulation. 1.7 million new jobs. loads and buckets of judges. travel ban. keystone pipeline. veteran affairs reform. each side again, like the cover, each side as their laundry list to prove their point. probably, you know, each side's laundry list is correct. >> well, look, the glass is half full in my opinion. richard thinks it is half empty.

but stock market through the roof. we're at full employment, 4.1%. the market responded extremely well to middle class tax cuts. the public will do in february when they see in their home income. i think, i think this president who is new to government did a fantastic job this year in spite of the resistance by democrats to do nothing. melissa: richard, no laughing over the other person. >> they wanted him to fail and -- melissa: before you respond, how many people get "time" magazine, do you think this the paper version? they look at stuff online. >> i don't get it. melissa: i think the picture is lovely. i wish one of me like that, with hair straight up. it would be lovely. i would frame it. this is another thing "time" does the things to get everybody's attention. god love them because otherwise, no one's, certainly no one is buying the magazine. maybe they're reading some of the stuff online, richard. >> i don't get "time" magazine subscription.

reason why i laugh it at brad, called it a middle class tax cut. >> that is what it is. melissa: that it nice majority of benefits from this tax plan, every economist can agree went to corporations, and 1%. >> not so. melissa: richard no. what -- what are you talking about richard fowler. that is such a fallacy. nancy pelosi got -- pinocchios. it is not a fact richard. i'm not going let, i love you dearly i'm not going to let you sit here say that. that is absolutely not true. >> look at dollar amount. melissa: the middle class are getting a break. corporate rates, yes are going down. >> corporate rates are permanent. melissa: number one. not permanent. because 10, 20 years from now, democrats can vote for them to go back up if you guys want to do. >> but corporate taxes are permanent. >> nothing is permanent. make the middle class tax cuts permanent. every republican would agree with you on that one. >> my point of that majority of money, look at money from this bill, money that was spent to

pass these tax cuts, majority went to corporations versus middle class. >> that is not so. >> that is a fact. >> here's reason, richard. businesses have to plan for 10 years. >> middle class families don't have to plan. melissa: we got to go. we'll light the hair on fire. that is not true. bye, guys. love you both. mean it. david: switch to something a little more personal. if you're planning to get away from the cold you have to listen up. the u.s. hitting parts of mexico with its highest travel warning ever, but specifically what does that mean for a traveler, particularly if you're going to mexico, stay with us. strong. you got the basic, and you got the beefy. i just think it looks mean. incredible. no way. start your year off strong a new chevy truck. ...

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melissa: sunshine, gorgeous sandy white beaches, not a care in the world. david: not so fast the u.s. slapping five mexican states with a level four travel advisory. this is the strictest of warnings. it lumps mexico in with places

like yemen an syria. melissa: drug violence is to blame for the destination as these areas are a hot bed of cartell-related activity. david: avoid acapulco. melissa: he's showing off again risk & rewards now. >> in terms of the bonus that corporate america receives versus the crumbs that they are giving to workers to kind of put it on is so pathetic. it's so pathetic. i think it's insignificant. >> it is a trillion and a half dollars that the republicans gave away to billionaires and to giant corporations and they expect hard working families to just pick up the tickets. liz: we see the democratic game plan here to retake the house they said armageddon would happen as the gop tax cuts passed but now, 133 companies and counting are giving back the