they are the ones who say the tax cuts did no good. >> that's the direction we are going. david: thank you very much for being here. thank you for watching us. that does it for "bulls and bears." we'll see you next time. >> i think we are on a positive trajectory course the next 72 hours probably are very important. >> i hear they are working on something. and both sides are moving along. >> after the meeting with the vice president, i believe we have got some latitude. hopefully to conclude this. president trump: we need border security, we have to have it. it's not an option. liz: talk growing in washington that a deal could be reached within days. we first pointed out this

possibility when house speaker democrat nancy pelosi raised the issue last week. is the atmosphere of no wall, no peace in d.c. melting? we take you back to socialist venezuela on the brink. the chief of' u.s. command said' soldiers are deserting nicolas maduro, even joining in protests and demonstrating against the socialist dictator. cuban guards quote completely surround ma dur he, that according to southern command. and they tried to pick a fight with john bolton after he sanctioned relief for soldiers who defy maduro. the political center up for grabs. the president's free market

capitalism versus the hard left democrats trying to make america socialist as ocasio-cortez revealed a new green deal. she wants to wipe out airlines in 10 years and print money to pay for it. even nancy pelosi is make fun of it. there may be more embarrassing documents that could possibly undermine senator elizabeth warren over her false claim of being a native american. welcome to the show. you are watching the fox business network.

let's get right to edward lawrence with the latest. reporter: there is a possible break through. senator jon tester says a compromise from the committee could come as early as tomorrow. richard shelby briefed the president and vice president about all of this. listen. >> the president had a very positive conversation with the president and the vice president earlier today. and i believe he was very reasonable with us. >> senator shell difficult adds after the meeting at the white house there may be some latitude to conclude this. the republicans would like a wall. what are they going to give us in snrurn possibly mentioning humanitarian aid. the other big market mover is

china trade. next week when u.s. officials meet face to face in beijing. it's a critical meeting on if a deal can be reached by march 1. a u.s. trade representative told me the two presidents would meet finalize the agreement when the deal is actually finished. the president said he'll not be meeting president xi. >> at some point, the two presidents i'm sure will meet. that's what mr. trump has been saying. but that's all in the distance. reporter: that spooked the markets, sending it lower. treasury secretary she mnuchin says it centers around the enforcement mechanism if china breaks the deal. the u.s. trade representative is trying to make sure china stops

stealing american technology. liz: chad pergram is reporting perhaps $1.6 billion for the border funding of the wall. that's what the committee hashing this out may be offering. that still might be too close to the initial democrat offer of $1.3 billion in the fall. let's see if the president signs on to a 1.6 billion plus number. more troops heading to eagle pass, texas. more migrants potentially on the way. we have a new report coming in. almost 2,000 migrant attempting to illegally cross into the youth every day. casey stegall is in eagle pass with more. casey? >> a couple things to point out. we are talking about two different caravans, the one that

arrived here across the border from eagle pass where we are. that is comprised of 1,800 or so. then you have a second group entering mexico from guatemala. that one said to be heading toward the san diego, tijuana area. if they are seeking asylum like a majority of the folks are, each asylum case has to have an initial interview. the fed tell us it takes 2 to 3 hours for each under view to happen. here in eagle pass with a caravan of 1,800, they can only process 0 a day. so you do the math. the mayor in mexico where the caravan is being housed say their government resources could only keep the makeshift shelter up for 3 months or so. so even though additional resources have been brought in on the mexican and u.s. side,

officials say they are still in a tough spot. >> at this point the system is at a total capacity. the status quo is not sustainable. it demand action at a ma right of fronts. >> the texas governor has ordered the national guard and additional 8 troopers to the area to assist, according to the pentagon. but since the group's arrival in this location monday. there has been no clash with law enforcement. border patrol tells us 35 people were apprehended and some of the people in that group said they were part of the caravan but they don't have a good way to verify that. liz: with us now, let's bring in

republican representative congressman mike kelly. would i like to bring up this news from chad pergram that there could be a deal for $1.6 billion for border funding of the wall. what's your take on that, sir. >> i think we have a president who does know how to negotiate. the question is what do you have to give up to get there. border security and safety is incredibly important. your first act upon entering the united states is to break one of our laws, that's not a good way. liz: nancy pelosi says she is confident there will not be another shutdown. will president trump go for a $1.6 billion dollar deal? this sounds like what the democrats are offering in the fall. he was asking for $5.7 billion. chad pergram saying maybe the president has other pots of

money to fluff up that amount. it's nowhere near what the president wanted. do you think he'll go for it? >> i can't answer it. but there are other sources of money i think we can tap into without worrying about doing that. this is a president whose main purpose is protecting the citizens of the united states. but what we are talking about is a minimal amount of spending when you look at what we spend in one year in so many different ways. >> it seems like a disappointing number. we did have republican senator richard. shelby: say his meeting with the president was the most of positive he has had with the president. he says the president would sign a deal if they get a deal, i guess whatever the number is. >> i wasn't in on that meeting. and the senator would have more input on that than i would have. but i think this is a president who understands there has to be something for everybody in the

negotiations. in the end, does america win? do we secure our borders? liz: if he's not -- if democrats are not ponying up. you know what's striking about this. we started reporting on this last week, that democrats are signaling they are open to new barriers, call it a wall, call it a barrier, they are open to it. nancy pelosi and chuck schumer were adamantly opposed to it. >> both senator schumer and speaker pelosi were adamantly against something that in the past they were on board with, including president trump. d including president obama. but this is 180 degrees different than what they said in congress. you have got to look at this and say is this a negotiating ploy?

it's just stunning to me because this is one of the main reasons the * ran on. they say it's not a good idea because it's president trump pushing to get it done. liz: $1.6 billion for border funding could come tomorrow. the conversation has shifted. "the washington post" and "new york times" agreeing the president that yes there always border crisis. so the conversation at the table has changed. is that correct? >> it seems that way. we have seen this transition where all of a sudden it's okay, i read my notes from the past and this is something i have supported. this was trying to differentiate between where the president of the united states stood fulfilling a campaign promise.

and the democrats saying we are not going to let you have that, even though it's good for the country. and the democrats stepped away from the daca issue. liz: the democrats are saying president trump started this by yanking daca. the argument against that is daca was started by president trump as an end in run around congress. i think the american voters, the polls are saying stop, move on to other bigger things, right? let, twitch gears. nancy pelosi says she thinks the public does want to see president trump's tax returns. you were in the house ways and means committee hearing. what did you hear today. what mapped? >> i'm a ranking member on the subcommittee on oversight. the oversight committee's job is to be the watchdog for merit can

taxpayer. the issue today was we need the public display of the president's tax returns. if i were to say to the people in my district, the president, the vice president's tax returns are under audit by the irs. there is a special counsel that can look at the president's tax returns. when the issue comes down to making sure one taxpayer's tax returns are made public, it's a political issue. the president's tax returns -- why now? why do we have to do this now when we already have intensive looks into this president's background? liz: i have written and covered the irs and testified boulevard houseways and means for tax reform. you cannot look at the president's tax returns until

it's for legislative means. >> it is trying somehow to discredit the president of the united states. the president's tax returns and the vice president's tax returns. you know they are understood great scrutiny all the time. when one single taxpayer's tax returns become the main issue of the ways and means committee, then it's time for the committee to repurpose itself. liz: it can't just be a fishing expedition. >> correct. this is a fishing expedition. liz: stocks selling off across the board. the sell-off worsened when larry kudlow told fox's stuart varney that the u.s. and china are far away on trade talks. >> the president is optimistic on a potential china-u.s. trade

deal. but but, we have a sizable' disdance to go here. >> this on news larry kudlow saying there is a pretty sizable distance to go in u.s.-china trade talks. coming late today. news on sears. a u.s. bankruptcy judge approving the sale of the retailer to keep 324 stores open. and save jobs. revenue 2.63 billion versus 1.6 billion in expectations. wells fargo experiencing outages on its website.

bank employees cited a fire at a server farm for the cause of the nationwide outage. liz: nicolas maduro blockade, including food aid. u.s. restricting visas to maduro assembly members. we have details of the growing unrest in venezuela's military. democrats pushing socialism. but are they afraid of being called socialists? it sounds like they don't like that name at all. the "wall street journal" editorial board agrees with that. they want the government to control the private sector. but when you call them out on it, they run. as someone in witness protection,

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liz: thehieff the u.s. southern command testifying the venezuela military is degrade. rank and file soldiers literally starving just like other parts of the population. middle and lower-level soldiers are deserting maduro, enjoining in protests against nicolas maduro. he's blocking outside food aid into the country. rich edson is standing by at the state department. reporter: the united states announced visa restrictions for members of constituent assembly. it's an effort to put more pressure on the maduro regime to get him to leave the country.

the envoy said it's time for maduro to go, and he has plenty of places to go. he has friends in cuba and russia. there are four countries that have come to us and said they are willing to take members of the current it legitimate regime if it would help the transition. reporter: abrams refused to say which countries those were. abrams also said the u.s. sent aid to neighboring colombia and will deliver it to venezuela when it becomes safe. however, maduro's government blocked the bridge between venezuela and colombia. in the senate today, senior middle leaders testified the u.s. military is prepared to protect american diplomats in

venezuela. cuban guards surround and protect maduro. and he has 2,000 generals. they are wealthy and corrupt drug trafficking. liz: as president trump continues to set the pace for 2020, he continues to blast democrats for destructive socialist policies. larry kudlow tells fox business the war on business and success is over due to president trump's policies. >> we don't want a blunt incentive. we want to reward success. we don't want prosperity killing and job killing, incentive-killing policies. we want to the make it clear, the war on energy, and business

and entrepreneurs is over. liz: howard schultz wants to run as an independent. he's continuing to give the hard left democrats on his reality check. he's saying they are pie in the sky policies howard schultz says will never work. >> they are calling to eliminate the private insurance market. the right has called for the repeal of the he forwardable care act with no replacement which would leave people with preexisting conditions where where prices would skyrocket. neither is an alternative. liz: what is your take on all this? >> it stirs things up a little bit for both parties.

schultz is trying to position himself as someone who can grab up independent, republicans and democrats in 2020. it's interesting as a strategist to view this because he's trying to talk about policy and facts and figures, and one thing that he's missing is voters vote out of emotion and they vote based on their hearts. i think he'll struggle. it's an interesting strategy for him to approach. it will allow him to avoid all of the primary battles. and prevent him from having to take up a position too far to the left. liz: when voters go into the booth, the question is what are you going to do for me. medicare for all sounds great. but the democrats are now saying, watch this, what's your take on this. they are saying it's not

socialism, we are talking about compassionate capitalism. that's their rebrand. your take on that. >> they don't know what capitalism means then. it's every member of the democrat party. it's absolutely the clearest definition of socialism which is why schultz can't run. two years ago schultz would have been considered a liberal democrat. the democrat party is dead at this point. it's a socialist party. they are socialists. liz: we have a quinnipiac poll. a majority of californians do not want medicare for all. they say no to it. major news on sears. a judge approving the sale of most of of sears assets to that hedge fund controlled by the sears chairman for $5.2 billion.

maybe sears and thousands of jobs could be saved. we are staying on that story for you. ford investing $100 million adding jobs at its chicago plant. ford says it's part of its plan to restructure three luxury suvs and stop making taurus, the car. hbc is buying sun trust bank. it will create the country's 6th largest bank. the deadline and variety reporting woody allen is suing amazon after amazon canceled his last film and his multi film deal after old allegations resurfaced that allen sexually

assaulted his adopted daughter dylan. military members now deserting maduro after the embattled regime blocking food and humanitarian aid into the country. democrats are pushing socialist programs like medicare for all. exorbitant taxes and more. alexandria ocasio-cortez releasing her plans for a green new deal and how nancy pelosi makes fun of cortez. we are staying on that story next. all money managers might seem the same, but some give their clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed.

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liz: welcome back. battle lines being drown. president trump setting the stage for 2020 with his state of

the union address. he says america will never be a socialist country. the left is being pulled farther left. the washington supposed saying trump wants to run against socialism. that's great for socialism. bloomberg writing, trump is right to warn democrats about socialism. this is quite a debate. your take on it. >> i think what it shows is the democratic party today is almost utter and complete disconnect with the private sector. it doesn't understand the private sector. it's suspicion of the private sector. liz: representative jeffries of new york is calling it

compassionate capitalism. they do have medicare for all. the green new deal. >> my solution to educate people on socialism -- remember i lived in hong kong, probably as free a market you can get. it did very well by the poor. it helped people move up in life. if we want to disabuse people about social i am. i propose we force and toll sell all their products through the division of note vehicles in each state. if our millennials had to deal with that. they would understand what people in venezuela are going through. and get your healthcare through the dmv or post office. liz: or tes * launched her green deal today. nancy pelosi mocked it. she wants to rebuild every last

building in america in 10 years to make them green. wipe out all airline flights in a decade. and if they don't pay for it, they will print money. >> two economists stuck in a ditch. they are trying to figure out how to get out. the first one said, first assume a ladder. they always assume we have the money there. when you tax it and put burdens on it, they still produce. by contrast, if you look at growing economies and free market economics, they do very well by working people because there is nothing that can lift them more than a constant growing economy. i remember when china was socialist and poor, it couldn't feed itself. now people walk around in gucci

loafers. liz: both russia and china becoming more capitalist. >> they have the state capitalism. but when you think of capitalism as people being able to buy and sell freely with one another, i can mow your lawn for $10. you have a diner, you can feed me breakfast and i'll buy it for $6. that's what capitalism is with few people getting in the way. liz: we have breaking news coming in. this is about jeff ba d jeff be. he published a personal blog post. he personally detailing what he claims is quote extortion and blackmail by the tabloid "national enquirer" over the affair he had with a woman outside of his marriage. this is breaking news.

the details are coming in fast and thick into the studio. we'll be right back. the most available driver assist techonology in its class. the new 2019 ford edge

>> the men surrounding maduro are cubans. not venezuelans. >> that's my understanding and assessment. >> so venezuelan security services are so corrupt that maduro cannot count on his own personal safety in his bed at night on his own people. >> that's a fair assessment as i understand it, senator. liz: navy admiral craig fowler testifying today. reports are that rank and file soldiers are literally starving just like the rest of the population and that middle and

lower-level soldiers are deserting nicolas maduro. this asthm -- this as as maduro. senator marco rubio announcing that juan guaido will need a new board for citgo. russia owns about half of citgo. let's bring in retired lieutenant general robert scales. do you think the military is starting to peel away from maduro? >> not from the top down. i told if you this military revolt occurs, it will be from

the bottom up. there are no real generals in venezuela. in a country of 30 million, venezuela has more generals than the united states military. as you heard on that clip. for the vast majority of them. they are sex traffickers, engaged in drug trafficking, kidnapping and basically the military draining the coffers dry and keeping the venezuelans poor. the rank and file whose family are the starving i believe are the ones who will lead this revolt. liz: the top commanders are worried about getting thrown in jail as the general just outlined. what is the next move here? >> as military leaders and generals even consider revolting against maduro, they are being target bid their peers and being harassed and their families are being targeted. the family members and soldiers

from the bottom up are going to step forward and decide which do they prefer. do they prefer to feed their families and children or stand behind a man who does not hold them in the same level they hold him. liz: how far will go with their stake in citgo. do you think they will step back and let this issue ride. putin has yet to say he supports maduro. >> this is a bridge too far for maduro. he clearly understands veans is in our backyard. his purpose is to get his money back. you know as well as i do, putin is under enormous stress economically. he overinvested abroad. he's trying to get his money

back to take care of things at home. it's the cubans exporting revolution, not the russians or chinese. liz: sorry we ran out of time. we had breaking news on amazon. coming up. venezuela's foreign minister trying to fact check the president's state of the union address. he's trying to claim it's u.s. economy falling apart, not venezuela's. jeff bezos is saying the "national enquirer" is trying to blackmail him over nude photos with a woman he was having an affair with. i don't know why i didn't get screened a long time ago.

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>> apparently he hasn't studied the results of the hair taken index on economic freedom. we just launched the 2019 edition. results for venezuela and the united states are polls apart. the u.s. turned around after a decade of falling stores and led western hemisphere countries with higher scores and reflecting the positive impact of tax reform. meanwhile, venezuela for the 15th year in a row, the ranging was at the very bottom of the index. only country in the world where there is more repression of economic freedom this north korea. i don't think the foreign minister is the all on -- is at all on base. president trump was correct to point out that venezuela is the

21st century poster child as to where socialism leads. chavez, maduro and their cronies looted more than $300 billion from the venezuelan people the last 20 years. so those are things the foreign minister doesn't want to talk about. liz: in 2008 hugo chavez talked about the benefits of socialism. he says it will not become tyrannical like russia. what do you make of that community? >> i think that was the typical blowing smoke that maduro is famous for. but the reality is these countries are in desperate straits, is stressingly now as they blocked assistance from the bordered of colombia because they don't want to lose control.

but in fact it's a complete bogus allegation that socialism was going to lead somewhere good it always led somewhere bad throughout history. venezuela is the most of recent case. probably the most of calamitous collapse of a country in the world. >> thank you so much, sir. more breaking news on the shock allegation made by amazon founder jeff bezos against a. mivment and the "national enquirer." he says they are allegedly blackmailing him over nude photos and more. stay with us. woman: my reputation was trashed online,

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to be nobody but yourself in a world which is doing it's best to make you everybody else... ♪ ♪ means to fight the hardest battle, which any human being can fight and never stop. does this sound dismal? it isn't. ♪ ♪ it's the most wonderful life on earth. ♪ ♪ >> back to the breaking news. from amazon ceo, jeff bezos he put out a personal blog post and is talking about what he claims

is extortion and blackmail by the tabloid the national enquirer. this is over his affair. bill is have back with us. i want you to walk through what he is now saying. he is saying that he is showing the letters and correspondence between jeff bezos and ami, david packer and the national enquirer. basically, he's alleging this, national enquirer has ten personal photos of jeff basis and linda sanchez. they are of sexual contents. the allegation jeff pazo's is making is that basically, david pecker at ami said that if you do not come out and say that our coverage was not politically motivated or influenced by political forces, we will publish these photos. what is your take on this bombshell? >> i just read the blog post by

jeff bezos, this is not my world of nude selfies and so forth. you could hack into my phone, all my photos, the most embarrassing things you'll find is a 1976 brown picture in a powder blue tuxedo and ruffled shirt. it looks pretty sleazy. it's interesting that after jeff bezos would go public with that. the e-mails from the national enquirer look pretty damning. it's quite amazing. >> again, jeff bezos is saying the national enquirer side of it is saying that we have ten photos of you, sexual in nature. you have to come out and say that our coverage is not politically motivated or influence. if you don't come out say that, will publish the photos. he showing the e-mails his correspondence with national inquirer. now, david pecker who runs ami has a close relationship with donald trump it's a bombshell. he's basically saying we have

been tough on the washington post and covering jamaal khashoggi. >> he's connecting with the saudi's, the allegation is that the national enquirer, for some reason was close to saudi businessmen and came to the united states. look, we don't know. we will have to see. these are very serious charges. it's very sleazy. i count myself fortunate that i live in a pretty boring wall street journal world, where -- >> lou: he's bringing. >> liz: he's bringing up david pecker in the relationship with donald trump. >> this will reach all different locations. i'm amazed about all the stuff in the e-mails that was bluntly and frankly as it was. so again, not in my league not my world.

>> liz: we have never seen jeff bezos make this extremely where public disclosure. thank you. we have to wrap it up. we have to wrap it up. thanks for having us in your home. lou dobbs is next, right here on the foxbusiness network. have a good night. >> lou: good evening everyone, the radical dams escalate their war against president donald trump and his administration, as nancy pelosi appears to be effectively suppressing the rebellion within the ranks of her party. alexandria ocasio-cortez bowing to the awfulness, the awfulness of pelosi power. the dems ignoring the president's call for unity, and pelosi power on display, ordering more of her party to investigate, investigate, obstruct, and obstruct. the sene