in prices because of this inventory you are alluding to? david: that does it for "bulls and bears." we'll see you tomorrow. >> the democrats are using delay tactics. we have to fully fund the federal government and the department of homeland security is part of the federal government. they say they are interested in securing the border but they haven't made steps forward. we have provided a good faith offer to the democrats. we are ready and willing to reopen the government and insure we address this humanitarian crisis. liz: president trump will address the nation during primetime from the oval office. we'll carry it live at fox

business. will the president declare a national emergency to get that wall built? will he make that announcement tomorrow night? >> the state of the union address is just three weeks away. will the shutdown ends before that. this as the tsa denies shutdownday chaos at the airport. look at the pictures. the hard left returning the democrat party, we fact check ocasio-cortez. she hasn't' a war on facts. even her own evidence contradicts her argument on 60 minutes. senator elizabeth warren goes to iowa. her message to win the white house by retooling and redoing capitalism and healthcare.

we have the debate behind tomorrow's headlines. i'm elizabeth mcdonald. "the evening edit" is ahead right now. you are watching the fox business network. let's take out airport. homeland security says they are not in chaos due to the shutdown despite growing lines at airports like law guard yeah. law -- like la guardia. the biggest pilots unions wants an end to the shutdown. they say it's affecting the safety and efficiency of our system. reporter: the president is known for his use of twitter.

but he's going old school tomorrow. also late tomorrow afternoon, vice president mike pence is going to come to the white house to brief republicans about the crisis at the border. jerry nadler says he expects the president to lie tomorrow night. we keep hearing a lot of rattling around on capitol hill on whether the president is going to impose a national emergency and go around congress to get his border wall. we saw president truman do that trying to federalize the steel industry and president obama did it with recess appointments. those were rebiewkd at the supreme court. there are three types of members of congress. democrats, republicans, and

appropriators. you have seen a lot of republicans give deference on a lot of issues. but we saw pushback on saudi arabia and the way he dealt with the killing of jamal jamal khashoggi. liz: the tsa says the absences are holiday-related. >> we are hearing there wasn't that much going on when it comes to the tsa absences. one thing we can bet is if there were absences of people calling out, once they get people calling out. there will be hearings on that issue and definitely congressional inquiries. >> the rt said it was time to

bring troops home from syria. fox news channel's tray'' lynn is in syria. reporter: john bolton arrived in turkey today where he'll meet with officials regarding the latest developments. >> the chairman of the joints chiefs of staff, general joseph dunford will join bolton in ankara. bolton's time in turkey following a meeting earlier this week with israeli prime minister benjamin netanyahu where he laid out a timeline for withdrawal from syria. bolton indicated in jerusalem the trump administration will wait for assurances about the fate of kurdish-backed fighters.

this is the latest in a series of reversals. president trump tweeted monday quote the failing "new york times" has knowingly written a very inaccurate story on my intentions on syria no different from my original statements. president trump's original statements indicated a 30-daytime line. now it's extended to 6 months. bolton says while the u.s. withdrawal will map under the right conditions. some troops will be moved to iraq to continue the fight against isis. liz: stocks rallying for the second day. all three indifficult seals in the green. let's get to susan li with the

latest. reporter: the dow swinging 250 points today but ended in positive territory. this is what we call consolidation in the market. there were questions whether the markets and wall street could follow through with another advance. we might be looking at sustained gains for this month which we caught january effect. but let's take a look at why we saw markets gain today. optimism as we call it, they just kicked off two days of trade discussions over in beijing with an official appearance by the head of the china delegation making an appearance. and wall street is hopeful that maybe we'll see some sort of deal that will lay the ground work. let's also talk about amazon versus microsoft. given that we have seen this

pullback in recent mops. amazon overtook microsoft as the world's largest company off that $1 trillion mark amazon crossed in the summer. talking about equities, we had half of the their clients with drop equities. they are advising their clients to buy on the dip because they are not seeing the bear side most of of the markets have based in. liz: the president not moving off of the $5.7 billion he wants for wall funding. he's pushing for steel barriers instead of concrete.

the president said he could use -- call for a national tomorrow use money from the military's budget to pay for the border wall. and the army is working on just that with homeland security. we have with us new york senator john hoeven. it's a dicey move to use any part of the military budget to pay for the wall. will the president have to establish there is an imminent war time emergency at the border? >> clearly this president and others have used the military on the border. that's been done a number of times. as far as what he would do relative to constructing a wall or border security, we would have to see what it looks like and what the emergency authority is that he's invoking.

liz: would you be supportive of the president using the military budget to build the wall? >> we need to find a way to do that. >> what about use the military budget for it? >> so we would have to see what he intend to do and how he intends to do it. but there is no question we have to have that border security. liz: here is brandon judd saying it is an emergency at the border. >> if you look at the first two months of this year we are on pace to arrest 200,000 people. >> in two months we are on pace. >> by the end of the fiscal year if we continue down this road we'll arrest close to 800,000 people over the year. liz: that would be a record. 800,000. that's a stunner. >> that's why it's important

he's talking to the american people tomorrow. i:believe the american people wants border security. clearly we need to fund this, along with tbunding the remaining 25% of the government. liz: a growing number of republicans and democrats say they are concerned. half the country is concerned about it. people are saying move on. there are bigger issues out there. we have the state of the union address. will the shutdown be over by then? and will the president use the issue. >> he's making the case with his address. but he's negotiating, he's sitting down with the democrats and saying what is it you have to have to make this work. he's showing a willingness to come to terms. but it's not only funding the government, it's getting the

border security and getting in a way that truly works. that goes back to the case you make to the american people. i think they see him working to try to get this done. liz: the supreme court will rule on friday, we are monitoring it. whether the president does have the authority to overturn president obama's daca, the dreamer executive action he took there. if the supreme court says the president does not have the authority to end daca, that basically means that the where does have the power to enact border policy. senator feinstein told barack obama that. the president could act on his own maybe after the supreme court ruling. >> all these things go into securing the border and getting the right approach to immigration. the president has put out a lot of ideas here.

democrats need to work with him and couple with something that secures the border and addresses all these issues we have in regard to illegal immigration and the able wary cities, law enforcement. that's what serves the american people. indianapoli -- that's what they. liz: what if the president uses his national address to say i will declaring a national emergency. >> i think he'll make the case. as far as his emergency authority, if he starts laying that out, we need to take a look at what he's proposing. the objective has to be to secure the border. liz: senator hoeven, thank you for joining us. be sure to tune in for fox business' special coverage of

the president's first live presidential address at 9:00 p.m. eastern. john bolton says the u.s. won't leave syria as fast as planned. tax hikes, yikes. the hard left weighing on the democratic party, pushing 70% to 90% on the upper bracket. it wouldn't even pay for a move government spending. tax hikes at these levels would collapse the economy. liberty mutual customizes your car insurance

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after all, 4 out of 5 people who have a stroke, their first symptom is a stroke. so call today and start with a free health assessment to understand your best plan of action. so why didn't we do this earlier? life line screening. the power of prevention. call now to learn more. >> i can support folks at the top paying their fair share. there was a time when the top marginal tax rate was 90%. even during the ray garn era it was 50%. do you support so we can have medicare for all that we have folks at the top .05% or top 1% to pay more? i support that.

liz: julian castro wants at 90% rate. california and vermont rejected single pair saying it would bankrupt the state. '' ocasio-cortez wants to tax up to 70%. france is still reeling from anti-tax protests. the protesters attacked the government ministry building. the minister was forced to evacuate through the back door. here is the thing, kelsey. 86% or 90% of federal income tax revenues is paid for by the upper 20%. you can't take blood out of a stone. they are taxing already to the

top of their heads, the upper break the, and it won't pay for their plan. you have got to tax the middle class to pay for it. >> you are absolutely correct. democrats are being disingenuous when they are citing the tax rates and historic tax rates in the 1950r. but the reality is there were so many loopholes that the top income earners were able to work around that. nobody actually paid anywhere near 90%. they paid more around 42% which is closer to where we are now. it's disingenuous for democrats to be pretending america ever had a marginal tax rate where americans were paying 90% of their income to the federal government.

>> you wanted the cortezs and castros to take their system to a free market system. the tax rates we are talking about mean the government gets bigger. not that money would be going out the door. the tax rate cortez is talking about would pay for 2%. >> i think there are a lot of people more concerned about being precisely factually and semantically correct than about being morally right. liz: take that on, kelsey. >> every elected official has an obligation to be moral and accurate in the specifics they are citing. alexandria ocasio-cortez not only has been infactual in multiple claims she has made. she doesn't correct herself.

"the washington post" end up correcting her. liz: whoopi goldberg on "the view" said just chill for a minute and learn the job. she is minimizes her falsehoods. she is constantly in wrong but never in doubt. she said we gave the military a $700 billion budget increase. and then she said there is a pot of money that the pentagon due to accounting waste. those are book keeping problems. it goes on and on. that $32 trillion for single payers or 10 years, you are right, kelsey, she doesn't acknowledge her mistakes. >> what should be worrisome to

americans is some the of the more established democrats look at 2020 are taking a cue from her. they are seeing some of her far left ideas are gaining traction within gaining steam and they are supporting them. if they continue down this road, americans will have a simple choice when it comes to 2020, and that is whether they want to be taxed more at 70% or less. liz: the $21 trillion was for not having the paperwork. it's not a pot of money at the pentagon of waste. she says she wants to make it u.s. like sweden. let's listen to this sound bite. >> my policies most of closely resemble what we see in the u.k., in norway and finland and sweden.

liz: sweden has a flat tax. she is saying the middle class will have to pay more for her policies. >> she isn't alone at citing sweden and norway as socialist countries. but sweden is more free than ours is here in the united states. they are ranked 15th where the united states is ranked 18th. so they support free market policies. they have business friendly policies. i think it's disingenuous for democrats to be pretending that these countries are some sort of socialist utopia because they support a lot of the similar policies that are good for our economy as well. liz: the prime minister of denmark a few years ago said stop it, bernie sanders, we are

capitalist free markets. we have a welfare state paid for by our success. right, kelsey? >> he did. that's the thing about many of these countries. they are capitalist. they do support free markets. and they own that. liz: lot's get to the nfl. the eagles and bears on nbc was the highest rated game in history. let's get to the golden globes ticking off a ho-hum rating season. viewers tuning in and turning off.

bohemian rams difficult took home the best drama award. the oscars a month away still does not have a host. australian airlines qantas is named the safest airline in the world. national security advisor john bolton clarifies the u.s. anything syria saying u.s. troops will not leave syria until isis is gone and kl lied kurdish fighters are protected. we have another columnist at the "times" declaring his paper has not been anti-trump. this after former editor gym jill abramson said the paper is putting profit over news.

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liz: china state media reporting that kim jong-un has been invited to visit china. we have opinion columnist david leon saying step down, you are unfit. he said trump has used the presidency for personal enrichment, obstructed justice. but a top "new york times" editor, jill abramson said yes

they do. >> i have been reading the "new york times" basically my entire life and respected it the whole time. but a few newspapers have gone so far to give up all pretenses of being balanced arbiters of the truth or balanced reporters of the news, and they have become the scandal sheets, they are completely 100% devoted to the destruction of donald trump and the trump administration, they will do whatever they can to thwart his agenda. thing that's most of appalling to him is it is an agenda that's so embraced by regular, normal people in the country. people that don't need the "new

york times," for example. >> anti-trump connotes driven by animus. and i don't think that's the case. this is the only way to cover this president. liz: did you hear the con from diction in that one sentence? >> not only are they completely entirely 100% devoted to the destruction of this president, but they think that's a good idea, even as they say no, they are just driven by, you know, fair and balanced. which of course is absolutely absurd. you pick up the maybe every day. it's a constant diet of not just trashing donald trump. but trashing the very people for whom donald trump is a voice in

the wilderness in politics. liz: the "new york times" has done great long form stories and they have great journalists. but you are saying they lost their sense of balance when they don't report in the same stories the problems at the borders. i have seen the coverage where i don't see the crimes being committed in this country. is that what you are saying? >> they are entirely bliernded by their hatred for donald trump. not just donald trump but for all the people who have been ignored for so long by politics and for whom donald trump was someone taking up their cause. liz: i hear what you are saying. let's switch gears. after christian bale said chick cheney is a great dad and a

great reader. but listen to him change his tune last night. >> thank you to satan for giving me inspiration on how to play this role. first dick cheney is a family man and now he's satan. what gives. >> if there is anybody more out of touch than the "new york times" when it comes to politics, it's these people. if you don't know anything about politics, why are you so obsessed with it? why do you have to incorporate politics into every time you open your mouth at these award things. honestly what they proved more than anything, they don't even know their own subject. i am not in the market of going to see movies by people who have no idea what they are talking

about. liz: i'll let you know how it went. let's get to the across store kevin spacey. he bled not guilty to charges he groped an 18-year-old male in nantucket in a bar in 2016. he faces up to five years in prison if he's convicted. president trump will speak to the nation in a primetime address tomorrow night. the president will visit the border wall thursday. this as he threatens to declare a state of emergency. this is what else is going on. the networks deliberating on whether to give the president air time. john bolton walks back from syria's plan saying u.s. forces are conditional. and they will stay in syria

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florida congressman lieutenant colonel, michael walsh. is john bolton contradicting president trump? he's putting more meat on the bones in terms of what a withdrawal looks like. you know, for him to travel to the region, i think it's completely appropriate. we are moving in the right direction. the president does deserve credit for taking the handcuffs off the military. i think he's right to understand that the region, particularly our gulf allies step up for the reconstruction. we have to keep our foot on the neck of isis. and we can't be fooled. i think at the end of the day the turks care more about the

kusheds than they do. isis. liz: what is the president's message to the middle east. what is the strategy? do you think it's a good one? >> at the end of the day he's concerned. the united states is take an unfair share of this burden, whether it's iraq, syria, afghanistan. not only our nato allies need to step up to their percentage of the gdp they committed for defense. also saudis and emirates so isis can't return. i think that's the broader message he's trying to get across. but at the end of the day only the united states can do what it does militarily and no one can substitute for that. >> kim jong-un of north korea is on his way for a three-day

visit. what do you think about this trip? >> at the end of the day north korea could not survive without china. and i think it's very clear, the president said so as well, the chinese are calling the shots on these negotiations. i'm concerned we should get something meaningful before we have another summit. i know there is a lot of talk of a second summit. we asked the north koreans to fully disclose their program. i would want to see that in a meaningful way before we give them a large international stage. liz: the' u.s.-china trade talks are under way in beijing. china is slamming the u.s. as a missile destroyer sailed through the south china sea. >> these are international

waters. the chinese are in violation of international law. they militarized the south china sea. seek to control the south china sea and all of our trade routes going to the japanese and south koreans. for ships to freely sail, it's not a provocation at all. i think they are trying to tie the two to negotiating strength on the raid talks. i think at the end of the day the president knows the chinese economy needs us more than they need them. i hope this is a tactic to get back to free and balanced trade. >> congressman michael walsh, thank you very much. appreciate it. senator elizabeth warren kicking off her presidential bid. she has a big plan to reshape capitalism. but are senate democrats ready to embrace president warn and

her run there? not so fast. but first it's day 17 of the government shutdown. president trump is thinking about declaring a state of emergency. will it happen tomorrow in his primetime address? that's coming up. i wanted more from my copd medicine... ...that's why i've got the power of 1-2-3 medicines with trelegy. the only fda-approved 3-in-1 copd treatment.

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liz: we are in day 17 of the partial government shutdown. the president is talking about a state of emergency to build the border wall. what's your take in all this? >> the constitution is pretty clear. this issue was last interpreted in 1952, but it hasn't changed since then. whether the president can occupy private property and spend money on his own by declaring an emergency. liz: presidents in the path declared war.

the presidents in the pathw have moved more rapidly into a war time posture. i know what you mean by that. i agree with you. we spent money in afghanistan and iraq. why not $5 billion on the wall. >> the wisdom of it or the constitutionality? the wisdom is a political judgment. i would like to sight as a grand rewriting of an immigration law which is irrational political compromises made over the course of 100 years. i would like to see all of it resolved in one rational way that achieved a consensus from both parties. that's the politics in me. the constitutional person in me remind the president he can no more do this on his own than. liz: president obama enacted

daca. >> and the courts restrained him. liz: the courts are fighting over daca. they haven't fully restrained. there is fighting between courts on the constitutionality of daca. senator dianne feinstein said you can use your executive authority to protect the border. >> he can use his executive authority to protect the border but he can't spend money that hasn't been authorized. liz: if it's authorized for the army corps of engineers, can't they use it for security issues? >> no. he has 15,000 troops at the air force base, he can move them to the board and build what they need to stay at the border. liz: president knicksor spent a

lot of money. congress said we are taking that power away from you. ever since then we have had a shutdown every year. so let's put like historical con next this. i guess congress has appropriations and spending powers. >> it has the appropriations powers. what nixon did was not spend money the congress authorized and the supreme court said you have to spend it. you are just the agent of congress when it comes to money. liz: we have to have you back. that was interesting. i'm just pushing back on you. >> see you in the morning. liz: be sure to tune into fox business special primetime

coverage of the president's address. we'll be right back. stay there.

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i but i can tell you i liberty mutual customized my car insurance so i only pay for what i need. oh no, no, no, no, no, no, no... only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ liz: well it's official. senator elizabeth warren looks like she's run fg are the presidency. she was in iowa this weekend. she's going to win the white house she says by retooling capitalism, the u.s. economy and the health care system. one person is not happy about that, a new york columnist. welcome to the show. >> she launched the campaign

with a big lie, telling the voters of iowa that the economy is so rocky. it was amazing. after all on friday we had a jobs report that shows that banks are rising after an entire decade of stagnation. that hundreds of thousands of jobs were created, unemployment is at a low and she's telling the people of iowa we're in a bad economic era and that was discouraging. she rolled out her corporate accountability act which would tank the economy. i don't know whether you've seen it but it's shocking. it requires that corporations allocate 40% of their seats to labor and i the corporate boards focus on all sorts of murky goals instead of maximizing profit. liz: and you have to get a federal charter or permit to

operate. what else are you upset about? >> well, let me tell you. she claims she believes in capitalism to her bones. she's about as capital lisist ae is native american. very limited. liz: that was an elbow shot there. we're early in the 2020 race. we know that a lot of senators may be running. >> one thing, what they all have in come nonon the left, camilla hairgs, cory booker, bernie sanders, elizabeth warren, they're backing a progressive agenda, free health care, free college, student loan forgiveness and guaranteed jobs that would amount to, get this, $42.5 trillion in spending over ten years. well the whole federal government only takes in $44 billion over ten years. so they want to double federal spending. they want to double the burden on the american people from 20% of gdp to 40%. liz: that's a big deal.

betsy mccoy, you're great. going to stay on this story. that's it for us tonight. thank you for having us in your homes and thank eye fo you for watching. "lou dobbs" is next right here on the fox business network. have a good night. lou: good evening, everybody. president trump will take his call for the wall and true border security directly to the american people. president trump to address the nation tomorrow night and visit the border in texas later this week. president trump calling illegal immigration and our border security crisis a national emergency. >> we're looking at a national emergency because we have a national emergency. just read the papers. we have a crisis at the border of drugs, of human beings being trafficked all over the world. they're coming through. and we have an ab