sorry or to make it right. and here she is, it's sweet that she would carry around remorse for that for this long. david: good for her. a lesson to us all, as they say. [laughter] that does it for us, "evening edit" starts right now. >> the bottom line is the president's going to continue to hold china responsible for their unfair trade practices. this has gone on for long enough, and he's going to do something about it. elizabeth: president trump doubling down on the china trade fight by proposing a brand new tariff that would, is double what he originally demanded, 25%. that's a fight that's heating up. we've got the details. and we'll take you to iran. widespread protests against the mullahs breaking out after the president said he would talk to iran. iran now vowing action to possibly block the strait of hormuz. and turkey now responding to u.s. sanctions. we've got the latest there. also the president doubling down on a possible government shutdown saying it is a small price to pay for border

security, but it could happen after the midterms. is that a good move? we will debate that. plus, a federal judge at the 11th hour stopped the release of downloadable instructions to make untraceable, undetectable 3-d plastic guns. judge andrew napolitano weighs in. thank you for joining us, thank you for watching. money, politics, we've got the debate behind tomorrow's headlines. i'm elizabeth macdonald, "the evening edit" starts right now. ♪ elizabeth: let's get to your money. the dow down 81 points, 25,333. the blue chip index, the s&p 500, weighed down a bit on trade worries. the nasdaq, though, rising as apple hits a new record. it is just $2 away from being the first company in the world to hit the $1 trillion market cap value. tesla disappointed with a loss that was double what it posted a

year ago. its cash burn is slower than expected, we are monitoring elon musk and whether he gets combative on his earnings call with wall street. it is earnings season, the s&p 500 companies so far that have reported earnings, they're showing profits up nearly 24%. more on your money in just a second. first, president trump not backing down from the fight with china and its unfair trade practices. let's get right to edward lawrence live at the white house with the latest. edward? >> reporter: the president asked the u.s. trade representative to impose 25% tariffs on $200 billion worth of chinese goods. now, those are not new or more items, we're talking about an increase from 10% to 25%. there'll be public hearings on that front. now, in a statement the u.s. trade representative says that the increase in the possible rate of additional duty is intended to provide the administration with the additional options to encourage china to change harmful practices or policies and behavior and adapt policies that

will lead to fairer markets and prosperity for all our citizens. the tariffs would be imposed on everything from dried beans to tobacco to seafood. the white house not backing down in the face of china retaliating to our tariffs. >> we'd like to see the unfair trade practices stop. but until that happens, the president's going to hold their feet to the fire, he's going to continue to put pressure on china, and he's not going to sit back and allow american industries and american workers to be taken advantage of. >> reporter: the national retail federation coming out against this move saying in a statement, quote: we said before that this round of tariffs amounted to doubling down on the recklessness of imposing trade policy that will hurt u.s. families and workers more than they will hurt china. surprisingly, many democrats stand behind the president's use of tariffs. >> we'll see what china does. i support the tariffs. the tariffs are a tool and not a permanent trade policy.

our trade policy and tax policy have betrayed workers and been a direct attack on the middle class. tariffs are part of the answer to that. but i want to make sure we do these tariffs and aim them at those countries that are serial cheaters. >> reporter: now, the administration feels that adding more tariffs or an increase on a smaller amount of goods -- still, $200 billion is not small, but it's less than $500 billion the president possibly could impose here. so putting more tariff on a smaller amount of items will have less impact on the u.s. consumer, still affecting china in a great way, hoping that china will come to the table and work this out. the tariffs could go into effect after september 5th. elizabeth: edward lawrence, great reporting. thanks for coming on. here is president trump last night talking about china. watch. >> we've taken the toughest ever actions in response to china's abusive trade practices. and we're doing very well with china. but this has been too many years

of abuse. $500 billion a year, $500 billion. we've helped rebuild china. we can't do that anymore. elizabeth: let's bring in former state department senior adviser christian whiton. we helped build china, what's your take on doubling to 25%? >> yeah, this is the right move to make. frankly, it was odd that this list was only at 10%. the tariffs enacted last month beginning on july 6th were 25% on $34 billion of trade, list two, $16 billion worth of trade, that was at 25%. it was weird for list three to be at 10% especially since the yuan has devalued about 6.6% in the last, oh, about six weeks. and so, you know, putting a 10% tariff where it's already been sort of jiggered down by 6.4% is effectively just a 4% tariff, which would have no effect on chinese conduct. this is another signal that donald trump is serious, and the chinese instead of being

intransigent, looking to the examples of mexico and the e.u. and get serious. elizabeth: you know what? i followed your math. i understood what you were saying, surprisingly. [laughter] that was interesting, because the tech sector not really getting hit, the supply chain -- all the gadgets that we sell with the gizmos that china gives us for our tech products, tech sector is holding up. you know what's interesting, christian, china now accusing the u.s. of blackmail, warning it will retaliate. how is china going to retaliate? >> that's right, they really can't. we only buy $130 billion worth of goods from them whereas, you know, they -- frankly are, excuse me, we sell them $130 billion because we buy $500 billion. they've already enacted tariffs. they don't have that much room, and they have a lot of goods that can be purchases elsewhere. the ones you mentioned, consumer electronics, there's currently a review process for this bigger list, a process of public comment and indications from the administration are they're going to be very willing to exclude

things like consumer electronics, tvs, cell phones, semiconductors, etc. so they're sort of putting it where it's really going to hurt china -- elizabeth: and china could slow things down through customs, regulation, slow-walk approval of things for our goods. i will say this, u.s. multi-nationals sell inside china $200 billion worth of goods. you know, that stuff could get slowed down. that's not included in the trade surplus. interesting wrinkle there. turkey, look at this, the trump administration announcing it is imposing sanctions on two turkish officials, high-level officials, for detaining a 50-year-old american pastor. his name is andrew craig brunson, he's being tried for espionage. and now this, turkey responding, demanding that the u.s. reverse the decision to sanction the officials, and turkey now threatening to retaliate. here's white house press secretary sarah huckabee sanders speaking about this. watch. >> at the president's direction,

the department of treasury is sanctioning turkey's minister of justice and minister of interior, both of whom played leading roles in the arrest and detention of pastor brunson. as a result, any property or interest in property of both ministers within u.s. jurisdiction is blocked, and u.s. persons are generally prohibited from engaging in transactions with them. elizabeth: christian, speak about this white house stepping up fast to get this individual freedment. >> yeah -- freed. >> yeah. and vice president pence himself went out and said very forcefully we'd be sanctioning turkey, and we made good on that promise today. you know, this is a fundamental change in the approach to turkey. erdogan, the boss of turkey, has been slowly murdering secular democracy in you are turkey, tut into much more of an islamist adversary, and we're willing to take tough steps, and this is just the beginning, i think. elizabeth: iran rocked by new protests and widespread strikes as the economy heads for collapse. some say it is in collapse mode.

the president said he is open to meeting with iran earlier in the week, we're hearing from people on, in that country, and sources there telling our officials here that the people protesting are saying to the mullahs the president wants to talk to you, why not talk? watch this. >> i believe in a meeting. i would certainly meet with iran if they wanted to meet. i don't know that they're ready yet. they're having a hard time right now. but i ended the iran deal. it was a ridiculous deal. i do believe that they will probably end up wanting to meet, and i'm ready to meet anytime they want to. and i don't do that from strength or from weakness. i think it's an appropriate thing to do. if we could work something out that's meaningful, not the waste of paper that the other deal was, i would certainly be willing to meet. elizabeth: christian, take this on. we've got central bankers in europe still trying to work with iran. we have the obama administration give more than $50 billion to iran. iran is in a bruteal, widespread

crackdown, arrests are growing. protesters are saying no to funding terrorists in the middle east, they want that stopped, they want the corruption stopped. so speak to the protesters saying to europe and to the obama administration you guys got it wrong. go ahead. >> yeah, it's a big, fundamental change, and you're'ing it re-- you're seeing it reflected in the streets of iran. it's like when reagan said tear down this wall, it just fundamentally changed the dynamic. and trump pulling out of the iran deal didn't necessarily shift the balance sheet very much in one day, but it's just a completely different approach from iran being on the margin, being on the offensive to now being on the defensive. at home the iranian people have put up with a lot as their government has funded the exporting of terrorism, and now you see a very important part of the iranian middle class going to the streets. elizabeth: and, christian, we've got breaking news from fox news, the iran government is now deploying earlier than expects that, quote, swarm of boats to

potentially block that chokepoint for global oil exports, the strait of hormuz. they're practicing to do that in advance of more widespread sanctions. what's your reaction here? we know that pipelines, by the way, out of saudi arabia and ore countries -- other countries of the middle east may take care of 25% of that oil. what's your reaction to iran moving this up? >> it's not as critical as it was because of pipelines going across, but if the iranians want to try it, bring it on. the u.s. navy is entirely capable of handling this, and if iran wants to go to war, it should hook at its own refining capability. very exposed, very small number that could be deactivated, and that country could be brought to heel very rapidly. elizabeth: thanks for coming on. markets closing mixed today, the dow closing about 81 points lower. tesla are's loss doubled versuses a year ago, the -- they expect to see profits as it ramps up its model 3 sedan

productions. let's get to adam shapiro on the floor of the nyse with the latest. >> reporter: liz, talk about your movers and shakers, let's go to tesla first because, you know, he'ses la -- they missed on the loss per share. the loss was greater than expected, $3.06, and the street was expecting a loss of $2.92, but what a beat on revenue, $4 billion. the street was expecting $3.92 billion. you should know they beat non-revenue the last seven of the last eight earnings reports. so some of the things to look forward to, they expect to be producing 6,000 model 3s by late august, and the goal is to have production up to 10,000 model 3s per week. they also, by the way, have cash on hand, $2.2 billion. that's down from the end of the last quarter, $2.7 billion. dow closed off down 81 points, s&p 500 down 2.9 points, and nasdaq was up 35 points. can't end without talking about apple, almost a trillion dollar market capitalization, $990

billion. well on their way to getting there. and finally the adp report, 219,000 jobs added. the official labor numbers on friday from the labor department. elizabeth: we will be monitoring elon musk. he runs tesla. we're going to monitor whether he says anything combative on his earnings call with wall street. tesla's stock did lose $2 billion in value after last quarter's earnings call when musk said, he insisted investors, if you're concerned about volatility, don't buy tesla's stock. and told day traders please tell our stock don't buy it. to a video going viral, a local connecticut official, she was booed as she knelt during the pledge of allegiance. she did it to protest president trump. ♪ >> i pledge allegiance -- [inaudible conversations] elizabeth: that's her free speech right. we'll show you how some in the community reacted, plus a federal judge at the 11th hour

stopping the release of downloadable instructions to make untraceable, undetectable 3-d printed plastic guns. judge andrew napolitano will weigh in on whether or not this is an attack on free speech. but first, the ceo of twitter finally responding only to fox on allegations that his company secretly shadow bans conservatives. we're bringing in american majority founder and ceo ed ryan. he's going to react to that after the break. stay there. ♪ ♪ a hotel can make or break a trip. and at expedia, we don't think you should be rushed into booking one. that's why we created expedia's add-on advantage. now after booking your flight, you unlock discounts on select hotels right until the day you leave. ♪ add-on advantage.

discounted hotel rates when you add on to your trip. only when you book with expedia. wells fargo has supported community organizations like united way, non-profits like the american red cross, and our nation's veterans. we knew helping our communities was important then. and we know it's even more important today. so we're stepping up to volunteer more and donate over a million dollars every day. so our communities can be even stronger. it's a new day at wells fargo. but it's a lot like our first day. copd makes it hard to breathe. so to breathe better, i go with anoro. ♪ go your own way copd tries to say, "go this way." i say, "i'll go my own way, with anoro." ♪ go your own way once-daily anoro contains two medicines called bronchodilators that work together

to significantly improve lung function all day and all night. anoro is not for asthma. it contains a type of medicine that increases risk of death in people with asthma. the risk is unknown in copd. anoro won't replace rescue inhalers for sudden symptoms and should not be used more than once a day. tell your doctor if you have a heart condition, high blood pressure, glaucoma, prostate, bladder, or urinary problems. these may worsen with anoro. call your doctor if you have worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain while taking anoro. ask your doctor about anoro. ♪ go your own way get your first prescription free at anoro.com. get your first prescription free retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered.

leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. streaming must see tv has never been easier. paying for things is a breeze. and getting into new places is even simpler. with xfinity mobile, saving money is effortless too. it's the only network that combines america's largest, most reliable 4g lte with the most wi-fi hotspots. and it can be included with your internet. which could save you hundreds of dollars a year. plus, get $150 dollars when you bring in your own phone. its a new kind of network designed to save you money. click, call or visit a store today. >> you understand the concern. it is something that we're aware of. i'm from st. louis, missouri. my father's fairly conservative palin. republican. we have folks who are at various points in the political spectrum, and they don't feel

comfortable today bringing up certain issues or their viewpoints on certain issues, and i don't believe that's acceptable. it's not acceptable for us to create a culture like that especially when we're creating a service where we are trying to enable to hear from every perspective. we think that debate, that critical thinking, the critical questioning is valuable and important. i am not stating we know exactly how to do that today, but we are resolute and committed to figuring it out. elizabeth: wow. honest talk from the ceo of twitter, jack dorsey, responding to allegations that twitter secretly shadow bans or makes it difficult to find conservative accounts on twitter. he says it's not acceptable for us to create a culture like that. he's also pushing back on the monolithic thinking out of liberal silicon valley to say, basically saying cut it out, you need a free exchange of ideas. it's wrong not to do that. for the full interview, tune in to fox news radio tonight, 6

p.m. eastern time. let's take a check of the stock, posting slightly in the green. ned ryan, the ceo of american majority, is this a mission that something really was up there? >> you know, i think what jack -- i'm going to take jack at his word. i actually had a really interesting experience last month in which jack and a couple of us had a small dinner in georgetown, and weed had very honest conversations. i actually shared some of my hopes and concerns with him. you know, there's bias that informs everial brit m -- algorithm. we talked about that, and i told jack i wanted to see more biased diversity inside of twitter, inside of its staff because i think you need that cultural diversity, you need -- elizabeth: wait a minute. >> -- so you can have that level playing field. elizabeth: here's the thing, he's basically admitting it's not this robotic answer of, oh, blame it on the algorithm like it's some accultural thing like a sewing machine. and to your point, it's

individuals who build the algorithms, so jack dorsey is pushing back on his own people who basically blame the algorithms, you know what i mean? he's calling them out saying, you know what? we have been wrong. that's honest, that is an honest admission from him. >> it is. and i said at that dinner, you know, i have real troubles right now with amazon and google and facebook in regards to trust and in regards to my privacy and data and all that. i actually do have some hope for twitter, and i think jack is on the right path. does he have it perfect? no. he even admitted he doesn't. but they're working towards that. and, you know, what they did last week, they admitted they were wrong. they had overly stringent algorithms, they realized they had messed up, and they fixed it within the day. i think the bigger question in all of this if we look at the internet as that modern day forum where there's free speech and free expression, who's the guardian of those ideas? is it private corporations or the duly elected representatives of the american people? i think these private corporations have been given a lot of leeway, and if they don't

figure it out pretty quick, i think they're going to become more open to regulation, oversight from the government. they'd -- elizabeth: you know what else is going to happen? another platform's going to overtake and say, you know what? we really are about debate and free speech. that's -- >> that's right. elizabeth: that platform could be facebook and twitter. not there yet, but it could be coming. let's get to this video going viral, a local connecticut official was booed, she knelt during the pledge of allegiance. she's expressing her free speech rights to protest president trump. watch. >> i pledge allegiance -- >> boo! elizabeth: okay. that's melissa, she's a democratic, a democratic selectwoman in connecticut. that was in council chambers during the pledge of allegiance. the president has talked about the importance of standing up. he talked about it last night. let's watch. >> we're standing up for america. we're standing up for the heroes

who protect america. and, yes, we are proudly standing up for our great national anthem. elizabeth: free speech right, first amendment right, she's exercising here? your reaction. >> you know what? i think that she has the right to free speech. it doesn't mean that people have to agree with her, and i think she should be open to the consequences of what's taking place. so, you know, it's one of those things i think president trump hats highlighted very well in regards to love of country, patriotism, love of the flag. at the same time, it's one of those things where i have family that's in the military, and they say i will defend people's right to protest, at the same time i will always reflect the flag, i will always reflect those who have fought and died for i. so i think we're going through this whole debate, and you know the thing that frustrates me a lot in this? when we take politics into arenas whether it's football, things where people wan to's -- want to escape, can we not do that? can we leave those in certain

areas and say we're not going to politicize absolutely everything? elizabeth: yeah, to your point, you make a great point. it's about politicizing the flag that people die for. >> everything. elizabeth: right. i mean, i've got people in my family who fought in practically every war since the civil war through gulf war one, and there's a hot debate about this, and they really, you know, people in my family, they want respect for the flag. that's what it's about. >>ing and i think the thing that frustrates a lot of everyday americans, again, they want to be able to go to movies to escape, to sporting events to have a little bit of escape and enjoyment. they don't want politics following them everywhere. and i think it's time for us to say in certain conversations, you know what? let's leave politics in politics and have sports be sports and enjoy it for what it is, and let's not politicize everything. it becomes really old very fast. elizabeth: ned ryan, great to see you. come back soon. >> thank you. elizabeth: a new report saying non-citizens across the u.s. are finding it easier and easier to vote. coming up, we've got the details

and the debate. but first, a federal judge at the 11th hour stopped the release of instructions that could be downloaded from the internet to make untraceable, undetectable 3-d plastic guns. judge andrew napolitano says it's an attack on free speech. he's here to explain why after the break. ♪ o me, that's the same thing i want to do with you. it's an emotional thing to watch your child grow up and especially get behind the wheel. i want to keep you know, stacking up the memories and the miles and the years. he's gonna get mine but i'm gonna get a new one! oh yeah! he's gonna get mine but i'm gonna get a new one! when it's time for your old chevy truck to become their new chevy truck, there's truck month. get 10 or 14 percent below msrp on 2018 silverado pickups when you finance with gm financial. plus, during truck month make no monthly payments for 90 days. find new roads at your local chevy dealer.

the nation's largest senior-living referral service. for the past five years, i've spoken with hundreds of families and visited senior-care communities around the country. and i've got to tell you, today's senior-living communities are better than ever. these days, there are amazing amenities, like movie theaters, exercise rooms and swimming pools, public cafes, bars, and bistros, even pet-care services. and nobody understands your options like the advisers at a place for mom. these are local, expert advisers that will partner with you to find the perfect place and determine the right level of care, whether that's just a helping hand or full-time memory care. best of all, it's a free service. there is never any cost to you. senior living has never been better, and there's never been an easier way to get great advice. call today. a place for mom --

you know your family, we know senior living. together we'll make the right choice.

elizabeth: welcome back. a federal judge at the 11th hour issued a temporary restraining order stopping the release of instructions to make untraceable, undetectable 3-d plastic guns, you can get -- would have gotten those plans from the internet. the judge saying they could end up in the wrong hands. now, the blueprint was supposed to be available for download tonight, basically eight democrat attorney generals already filed a lawsuit to block those plans. but cody wilson, he's the founder of defense distributed, he is behind the blueprint. he says the debate is over. why?

is he says access to firearms is a fundamental right. watch. >> i believe that i am championing the second amendment in the 21st century. i think access to a firearm is a fundamental human dignity, it's a fundamental human right. elizabeth: the white house supports existing law that says 3-d guns that you can download the blueprint for, they're already illegal. let's bring in fox news senior judicial analyst judge andrew napolitano. who's right here? >> well, let me tell you what he did, he mutt a metal firing pin and a metal plate in his gun in the weapon that he brought into the courtroom. so when he was carrying it in public, it was legal because it was detectable. but the ones that you make using his formula, unless you add the metal to them, are not detectable and, therefore, under a 1988 statute are not legal. elizabeth: so you could bring them onto airplanes. that's the danger, right? >> yes. you could have it in your pocket, and it wouldn't be discovered. he is making a very serious

argument that goes like this: the right to self-defense is a fundamental natural right, and the government can't take it away from you, and you can use any rational means with which to protect yourself. this is not only rational, it's inexpensive, and anybody can do it. and as long as you use the weapon for defensive purposes, you're going to defend life and property, you're not going to harm anybody. the government says, wait a minute, if this stuff spreads throughout the countryside and a lot of people have these, it's going to get in the hands of bad people. but, e. mac, this is technology. the information is already out there. thousands of downloads were made before the judge even signed his order. elizabeth: yeah, but the government can regulate it, right? that's the place -- >> well, the government can't regulate what it doesn't know exists. elizabeth: but the government should be able to regulate this, right? >> the government doesn't have the means to regulate guns that are not registered or that are not made of metal. elizabeth: okay. by the way, the democrats are introducing a bill to do just that. >> well, the law already exists. they want the president to

enforce the law with a little bit more oomph. elizabeth: right. >> remember, it's the president's state department that entered into an agreement with this guy when they thought he was selling the plans overseas regulated by the state department that said, okay, you can post these plans. elizabeth: i don't know, if you have downloadable plans to make a bomb that's undetectable -- i hear what you're saying. >> you can walk across the street to the new york city public library and get plan toss make a 3-d gun and a bomb. these plans are owned by the government in government books on the government library -- elizabeth: i understand. >> and no judge is stopping you. this is a first amendment as well as a second amendment. elizabeth: well, my safety. [laughter] let's switch gears. the ninth circuit court of appeals ruling president trump cannot withhold federal funds from sanctuary cities. this is a case that's right up the judge's alley, he's all about this. this court ruled that the president's executive order limiting those funds is unconstitutional. it also ruled a lower court went

way too far with a nationwide injust against the president's -- injunction against the president's order. this is your story that you love that congress should control the pursestrings. >> i don't think this is an activist judiciary at all, i think they were enforcing black letter law, law that almost everybody knows is law. it's very simple. the congress controls the pursestrings. the congress can put conditions on money. san francisco, you want $100 million to upgrade the police communications in your police cars? we'll give it to you, but in return for that you have to cooperate with i.c.e. congress did not put those conditions on those funds -- elizabeth: well, here's what the president is can do and the republicans can do, here's what we are hearing, that in the upcoming spending bill fight with the democrats, the republicans can put in a plank that says we as a congress will defund sanctuary cities -- >> if they do that, it'll be absolutely constitutional. but they have a chance to do that when the president begrudgingly signed the spending

bill that now regulates spending, and it wasn't there. criticizing a law that he himself signed into existence. elizabeth: well, maybe he learned his lesson. >> maybe. maybe the republicans in congress learned their lesson. elizabeth: right. great to see you, judge napolitano. come back. we have a new report that says non-citizens across the u.s. are finding it easier and easier to vote. we have that debate and the details coming up. but first, president trump, he calls in to rush limbaugh's show today talking about waging a government shutdown to finally get the democrats to come to the table on comprehensive immigration reform. got a chuckle out of the judge on that one, that he called in to a radio show. look who's here, american conservative union chair matt schlapp is going to react to the sound after the break. stay there. ♪e it's america's most popular street name. but allstate agents know that's where the similarity stops. if you're on park street in reno, nevada,

the high winds of the washoe zephyr could damage your siding. and that's very different than living on park ave in sheboygan, wisconsin, where ice dams could cause water damage. but no matter what park you live on, one of 10,000 local allstate agents knows yours. now that you know the truth, are you in good hands? and the wolf huffed and puffed... like you do sometimes, grandpa? well, when you have copd, it can be hard to breathe. so my doctor said... symbicort can help you breathe better. starting within 5 minutes. it doesn't replace a rescue inhaler for sudden symptoms. doctor: symbicort helps provide significant improvement of your lung function. symbicort is for copd, including chronic bronchitis and emphysema. it should not be taken more than twice a day.

it may increase your risk of lung infections, osteoporosis, and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. grandpa: symbicort could mean a day with better breathing. watch out, piggy! (giggles) get symbicort free at saveonsymbicort.com. if you can't afford your medication, astrazeneca may be able to help.

if you can't afford your medication, so, my portfolio did pretthat's great.year. but the market was up nearly twice as much. that's a tough pill to swallow. exactly. so i started trading. but with everything out there, how do you know what to buy? well, i think my friend victor has just the thing for you. check this out, td ameritrade makes it easier to find the investments that might be right for you. like our etf comparison tool it lets you see how etfs measure up to one another. analyst ratings and past performance... nice. td ameritrade also offers access to coaches and a full education curriculum to help you improve your skills. that is cool. and if you still have any questions you can always chat with us on facebook or call our experienced service team, 24/7. yep. just because you're doing it yourself

doesn't mean you're on your own. that's great. you're still up. alright. you're still up. if i knew you were gonna run the table i wouldn't have invited you over. call (866) 285-1934. act now to take advantage of commission-free trades for 90 days, plus get up to an $800 cash bonus when you open and fund a new account. ♪ >> andthe other thing is the wall. we've started it, it's like pulling teeth though. getting these guys to get it done is -- or and you have no idea how tough i've been. and i say, hey, if you have a shutdown, you have a shutdown. now, the shutdown could also take place after the election. i happen to think it's a great political thing, because people want border security. elizabeth: that's president trump talking to rush limbaugh today about a government shutdown over wall funding and whether that would be a great campaign issue. let's bring in american conservative union chair, matt schlapp, great to see you again, matt.

>> great to be with you. elizabeth: is it better to do it before or after the midterms? what do you think? >> >> well, i like the fight over wall funding occurring every day before this election. i think it reminds people -- even those people who sometimes don't understand what president trump is trying to do -- it reminds them of a central tenet of what he ran on and getting, getting, you know, security at our southern border. i think it's a wildly popular idea except with some radicals on the left. so i like the political idea. i like the political push for wall funding. elizabeth: you know, if it doesn't happen, won't democrats push back on republicans for not getting anything done on immigration before the midterms? think they're going to try to say that? >> yeah. yeah, the problem for democrats, as you remember, they did shut down the government over their quest to get be amnesty for illegals, and in doing so they weren't funding the men and women in our military. it was bad politics. they had to reverse course and vote to open up the government again. and i think it'll be equally bad politics for the democrats to say we don't want to secure our

southern border. i'm all for that fight. i think the president -- the best thing the president is doing is he's not doing what other republican leaders are doing. they always say, don't worry, we'll never do anything to shut down the government which means the democrats then have the ability to push their advantage. what the president is saying is exactly the opposite. he's saying take me on. i'm going to call your bluff and fight for this funding. elizabeth: a new report saying non-citizens across the u.s. are finding it easier and easier to vote, to register to vote and cast ballots. this is research by the public interest legal foundation showing non-citizens signing up to vote in states including pennsylvania, new jersey, virginia. president trump saying the time has come for voter id. he said that last night. watch. >> in some states democrats are even trying to give illegal immigrants the right to vote. they want to give them the right to vote. what about all of those people

that are waiting on line for 7, 8, 9, 10 years trying to get into our country? they don't have the right to vote. only american citizens should vote in american elections. [cheers and applause] elizabeth: so voter id, but that's being called racist by some in the democrat party, right? >> yeah. i couldn't get in this building today, liz, without my photo id, but somehow expecting someone to show a photo id to vote, to put, you know, take care of our american democracy, that's somehow racist. and the other thing that plays into is this idea that we ought to have constitutional judges like brett kavanaugh because what you find is these left-wing judges intervene in almost every issue. you literally having judges saying congress doesn't have the right to pass a law to require voter id, and states don't either. elizabeth: dan patrick are, the lieutenant governor of texas, he says the u.s. and all the analysts in it are seriously underestimating the number of illegal immigrants in this

country. he believes the actual number is more than double the general consensus. let's are take a listen. >> we still have hundreds of thousands of people crossing the border, as i shared with you when i was with you in new york in june, crossing the border that we apprehend, but another million or more get in that we don't apprehend. we have 25-30 million here illegally, that's the real number. elizabeth: 25 million at least here illegally, matt. what'd you think of that number in. >> well, we don't know. elizabeth: right. >> you can see what's happening at the southern border today because of what judges are doing. people are literally given ankle bracelets, and even though they're here illegallingly and they're put into the interior of our country, our studies show that 50% of those people will knock off those ankle bracelets and never come back to their hearing, and we might never hear or see from them in any kind of official proceeding again. this is happening every day. the next group of daca or

dreamers occurs tomorrow at the border. this is insanity. so we don't know how many people are here illegally. and as far as voting in elections, anybody like me who spent a lot of their adult life involved in politics and campaigns, we all know it. we see it all the time in the races. there are all types of people in america who take advantage of our laws because we're tolerant and we're decent. when people show up and they're not on the rolls at these voting locations, a lot of times people will let them cast a vote as a provisional ballot. and a lot of times those ballots are counted by -- even in front of a judge in the final analysis. so it's a big problem, and we'd better get on top of it. elizabeth: matt schlapp, come back soon, we love having you on. to a new study reporting the estimated cost of bernie sanders' medicare for all, that plan would more than double the national debt over ten years. coming up, the author of that study is here with us to talk about it. but first, to ontario, canada, ending its far-left

basic income welfare experiment it launched just a year ago. this after a more conservative government took over the province. they're cutting spending there. we're bringing in james freeman of the "wall street journal" to react next. ♪ insurance that won't replace the full value of your new car? you'd be better off throwing your money right into the harbor. i'm gonna regret that. with liberty mutual new car replacement we'll replace the full value of your car. ♪ liberty. liberty. liberty. liberty ♪ [music playing] (ceo) the employee of the year, anna. (vo) progress is in the pursuit. audi will cover your first

month's lease payment on select models during summer of audi sales event. stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com

elizabeth: shares of tesla moving higher me than 6% after hours. we're monitoring that story for you. let's get to ontario, canada, edging its far-left basic income welfare experiment. it launched it only a year ago. this after a more conservative

government took over the province promising to cut unnecessary spending. ontario not providing the data on the experiment, but critics there did call the plan expensive. officials said it was unsustainable. providing guaranteed income takes money away from things like infrastructure. finland also pulled back on its own program as well. but here in the u.s. the idea of giving everyone free government money for nothing instead of welfare benefits is gathering steam. and now universal basic income is officially part of the california democrat party platform. stockton, california, chicago both allotting guaranteed income, there's no requirement to find a job. let's take it up with "wall street journal" editorial editor assistant james freeman. good to see you. >> great to be here. it's odd to have this happen in the u.s. right now, because we basically have the best job market ever. there are 6.6 million open

positions, so i think when people look at it, they realize that allowing businesses to create jobs the is probably more efficient and cost effective way to take care of people's income. but it also -- these programs end up being kind of a trap. they seem good-hearted and as if -- certainly expressed in terms of concern for the poor, but often it becomes a ceiling if people don't have an incentive to get a better job. elizabeth: do you think this undercuts people's incentive to get a job? >> well, we have such a good economy, this is what they're talking about in the white house right now. casey multibegan, used to be at the university of chicago, did a lot of work on how obamacare limited job growth. when you give people a big benefit at the lower levels of income, it seems like a men my sent gift, but it makes it very costly for them to get a job right above where benefits end.

elizabeth: they get more in benefits -- >> yeah, huge marginal tax rate increase. so you trap people who might otherwise start rising up the income ladder. elizabeth: people on welfare do that math, and they say, yes, that is the case. there's also the case that this universal basic income could actually hurt the poor by taking existing benefits away. what's your take on that? >> well, that was one thing they were looking at in a few of these experiments, but it's kind of a situation where if these programs work -- and lots of people are using them, of course, it becomes too expensive for the government. they need to be taking taxes from somebody else in order to pay for these things. and i think that's what the conservative government that is now elected in ontario was looking at. elizabeth: finland said it got really expensive, some estimates say $3 trillion a year to do a basic income. i don't know, you're making some really important points about the real world reality of what happens in things like that. >> speaking of the real world, we just have gone through a

period of the best year in a decade in terms of rising wages in the u.s. never been a better time to look for a job in america. so if you want a basic income, it's right here. [laughter] elizabeth: yeah, exactly. >> and the question, really, this is the white house challenge, how do you persuade people to come back into the job market? there are millions of able-bodied, prime working-age people who are not working yet. now, it's encouraging they're starting to come back, but i think a big part of the answer -- and that's what they think at the white house -- the benefits are too good. they get penalized -- elizabeth: growth makes these programs obsolete and irrelevant. james freeman, come back soon. >> will do. elizabeth: a new study reporting that the estimated cost of bernie sanders' medicare for all, that the cost is actually double his initial estimate, bernie sanders' estimate, and it would double the national debt over ten years. my next guest says we can't afford it. he should know, he's the author of that study. look who's here, he's going to break down the numbers next. ♪

elizabeth: let's get to this democrat platm plank, free medicare for all. it's not going away. despite a new study saying that the estimated cost will be double what bernie sanders initially thought. it would cost $32.6 trillion over a ten-year period. bernie sanders still doesn't have a complete cost analysis of his own. let's take it up with the author of that study, just heard the foghorn, mercatus center senior research separate jiu-jitsu, charles, thank you so much -- strategist, charles, thank you so much. how can -- how come your number isn't being accepted by the democrats? >> i don't know who is or who isn't, actually, my number is

closely in line with the urban institute that did a study, center for health and economy did a study. we're all generally in the same ballpark, and the $32.6 trillion number that i came up with, as you say, a very daunting number. we would not be able to fully finance the cost of the plan even if we doubled all individual income and corporate income tax says going -- taxation going forward. elizabeth: you know it always happens with these plans, obamacare's medicaid expansion, almost 50% higher than expected, medicare's costs exploded nearly ten times in its first 25 years. we looked into it, there is no government in the world that has 100% government-covered health care. china pays i think people in china pay 30% out of pocket. even nordic countries, consumers pay about 30% out of pocket. what is going on with bernie sanders and alexandra cortez not seeing reality here? >> well, you make a very important point here about actual costs of a program like

this being likely to come in higher than the initial estimate, even my initial estimate. because, basically, i had to work from the text of the law, and things aren't necessarily going to work out as stipulated in that text. one very important detail in the estimate is that the bill specifies that provider payments would be cut down to medicare payments rates. and those are about 40% lower than what is paid in the private health insurance market. now, you can guess whether it's really realistic to assume there's going to be a sudden 40% reduction in all payments to providers right out of the gate. not a gradual reduction, but 40% right out of the gate. and if you don't think that's going to happen and the cost of this winds up being higher, that calculation came out about $38 trillion over ten years. elizabeth: so this is centralized government planning controlling all of your health care choices what's the fallout of that? >> well, that is another excellent question because we don't really know what would be the fallout of doing what is in this bill. we do know that if you provide

first dollar coverage of a wider range of health services, the economic literature is very, very clear this tends to induce additional demand, additional utilization. so you would be driving demand for health care services up by about 10, 15 president among certain -- 15% among certain populations. elizabeth: so longer wait times and the like, right? and less drugs available, less antibiotics and things of that nature, right? >> right. we don't know what would be the fallout from that. elizabeth: wow. >> certainly, there would have to be some disruptions in the timeliness and quality of health services. charles: charles blahous, great stuff, come back soon. >> thank you. elizabeth: president trump hosting a make america great again rally in florida tomorrow. more on that after the break. ♪ ♪

..

liz: president trump in pence vaib yeah tomorrow.

"lou dobbs tonight" will be bringing you that live coverage on the fox business network at 7:00 p.m. eastern time. thank you for watching. charles payne is here now with making money. charles: i have got breaking news for you. remember the previously announced tariffs in $200 billion in chinese goods? they will be 25% instead of 10%. president trump is seizing on the amazing economy. coupled with china's debt crisis, kret crisis, stock market sell-off and a slowing gdp makes it harder for that country to r