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tv   After the Bell  FOX Business  March 26, 2019 4:00pm-5:00pm EDT

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you have to hold it for seven years. if you hold it for 10 years the progress -- [inaudible]. [closing bell rings] it is a long-term investment. liz: leyla pence, pence wealth management. markets off session highs but hey, a win is a win. that does it for "claman countdown." melissa: the dow ending up 140 points. it's a two-day winning streak. i don't know if that is a streak but we'll take it. connell: we'll take it. >> dow and s&p 500 ending in positive territory for first time in three days. look at dow winners, disney, 3m, johnson & johnson. i'm melissa francis. connell: i'm connell mcshane. this "after the bell." more on big market movers. first here is what is new at this hour. the green new deal's first test on capitol hill. we're moments away from the senate's vote on this controversial proposal. even though some democrats support the plan, it doesn't mean they will actually vote yes
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this hour which we will explain. then at the white house president trump meeting with lawmakers in the cabinet room, trying to secure the passage of the north american trade agreement. we'll speak to one of those congressman speaking to the president as soon as he comes out of the meeting. shocking turn of events in the jussie smollett case. a stunning reversal in the chicago, the city's mayor is calling a sham. melissa: reversal of the reversal of the reverse. i don't know, i can't keep track. fox team coverage, blake burman at the white house, gerri willis on the floor of new york stock exchange. chad pergram on capitol hill. we'll start with chad, with senate procedural vote on the green new deal is underway or getting underway. chad, walk us through with what about is happen there. >> we're not quite there yet. this will start in couple minutes this is procedural vote. this is an effort to start debate on the green new deal. this is not a vote on final passage. not a vote to end filibuster
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debating the bill. ending filibuster to start debate on the bill. they need 60 votes on this. we're told if not almost all democratic senators will vote present. you need 3/5s to end debate. this is the motion to proceed. they will not get there. mitch mcconnell, senate majority leader, he says present vote is yes vote. that is mitch mcconnell's interpretation. democrats would argue the other way. the reason democrats are voting present. they say this is a sham a stunt, mitch mcconnell is not for this. he is just trying to get them on the record, yes or no, do they support the green new deal or do they not? look at all the 2020 democratic candidates in the senate. mitch mcconnell wants some of them to vote yes. if he votes yes he will portray them being radical for extreme idea like green new deal, if they vote no, he would say look, this is so extreme they don't
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even like this. that is what he is trying to get them on the record about this. chuck schumer, the senate minority leader he was buoyed this afternoon, mitch mcconnell was asked a question whether or not he believed climate change was real. yes i do. i think it is an issue of human, contributed by humans. chuck schumer says, how are you going to address that? that is the question. but we should have this vote starting momentarily. we'll have a result. it will ultimately fail. they will not debate the green new deal, probably by 4:30. 4:35. melissa: there was back and forth and reversal and obsfucation than the jussie seminole let thing. if they vote that down, then what? >> this is the problem, the democrats are saying we just don't want to be about robert mueller, investigations, certain quarters of the democratic party that want to go after the president. they're trying to say we want to focus on policy. so mitch mcconnell says, here's a policy. look at this idea that some
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people interpret as too radical. you know, democrats have control of the house, not because they elected liberals, they elected moderates in battleground districts in colorado, new mexico, virginia, michigan. and when you talk to some of those democrats the past couple weeks. we want to address climate change, but that plan by alexandria ocasio-cortez is too far left. interest there things we can do to address climate change that are more moderate, won't cost the money so much? some confided to me that is the approach they like to v there are bills and proposals they're working on but it doesn't get the attention the green new deal did because alexandria ocasio-cortez is behind it. melissa: there is one side that thinks that climate change is existential threat right away. there is the other thing who thinks boy, we use a lot of carbon-based products for all kinds of stuff in our life, it would destroy a lot of lives to do what she said. chad, thank you. >> thank you. connell: we'll move from capitol hill to the white house. just as republican delegation
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did earlier in the day, meeting now with president trump to talk about trade. to blake burman on the north lawn with the latest on that. blake. reporter: connell, the white house is fairly tight-lipped on this one. what we can tell you there is meeting going on with president trump and republican lawmakers to discuss the usmca. as you know there will need to be republicans and democrats up on capitol hill to eventually get this passed but right now here at the white house republicans sitting down with the president to try to plot a way forward. here at the white house the administration is making the case now that the mueller report is finally behind them, that it is issues that should be focused on. there was a new issue that suddenly reemerged today, an old but familiar one, that being health care. this came seemingly out of the blue last night when the department of justice said that its new stance that it now believes that the affordable care act, obamacare, should be repealed in its entirety. president trump today went up to the hill to have lunch with senate republicans and as he was
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walking into that meeting the president seemed fairly comfortable to take on this new role of once again trying to reshape health care. that drew a fairly colorful response from chuck schumer. watch here. >> let me just tell you exactly what my message is. the republican party will soon be known as the party of health square. you watch. >> if that is true, god help middle-class americans. because donald trump wants to raise the cost of prescription drugs, get rid of protections for preexisting conditions, throw tens of millions of people off health care, and tell 21 through 26-year-olds they can no longer get health care from their parents plan. reporter: also this afternoon, house democrats introduced a plan to rescue the affordable care act. they seem invigorated being able to contend that republicans desires to repeal obamacare means that they want to strip away preexisting conditions. remember that was part of the message that helped flip the house from red to blue come last
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november. melissa, connell, over here at the white house they contend that president trump wants to protect preexisting conditions. they say that has been his stance for quite some time. connell: really interesting to see health care come up in that way today. blake, thank you. let's go to our market panel. gary kaltbaum, kaltbaum capital management president along with liz peek, foxnews.com columnist, fox news contributors as market rallies, gary, fairly strong, broad-based rally today. to blake's point, post-mueller, idea we move on to talk about policy we'll talk health care in a few minutes. for markets you would think that would be trade, usmca, maybe a china deal. how much that helps. what do you think? >> so the trade deal is still going on, right? just making sure? connell: i think so. >> my biggest problem right now with any deal, it feels like it will so diluted we've been talking about it so long, we've been hearing it is so great. what do they say about missouri
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and show me? let's get it done already. i think, three months ago the market could explode to the upside on a deal. now i'm just not so sure. listen a trade deal will be welcome. i can promise you that. connell: positive rather than negative news i would think, liz. >> yeah. connell: what about as this week goes on where investors mind sets are in your view? we're still having this debate about slowing growth overseas will hurt us. today was pretty good in the terms of the way stocks performed. what do you think of that? >> i think there was reckoning, inversion, yields was little overstated that people got too alarmed too quickly. to gary's point, we talked about the trade deal for a long time. it was kind of positive. it could have been a settled deal a month ago, six weeks ago, if president trump simply caved, okay you increase your imports
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from the united states, buy more stuff from farmers we'll be done. he didn't do that. i think the team, lighthizer and navarro are really adamant about intellectual property. opening up chinese markets to open up financial firms and other sectors of the economy that have been barred from that. this will be very front and center this week. there is another high level delegation meeting in china. i don't think this is over. the longer it gets on frankly i'm more confident they will come back with something substantive. melissa: tech pushing stocks higher. goldman sachs is betting against apple, saying shares will plunge. go to gerri willis on new york stock exchange. gerri. >> the dow was up pretty strong. now up 140, which is nothing to crow about. look at apple shares, down pretty significantly here. let me tell you what is going on. goldman is saying apple's stock will plunge, because the new services they're suggesting in their press conference monday,
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guess what, it will add little profit. why they say? they expect a large percentage of transactions to be done at 1% level. bottom line, cash back offers on apple, apple credit card mentioned in the press conference. good but not great. little short term impact on for eps for apple. ironically goldman is standing behind this credit card, right? think about it. goldman sachs analyst saying that the goldman product with apple, not so great for consumers. frankly i heard it from other consumer companies as well. so, apple is also down on news that it infringed on qualcomm's patent. there is a judge who is barring some iphones from being imported into this country. as a result you see apple shares down for the day. pretty significantly. and, that is really been the story for the dow today. it has been apple. those shares down on that. got to tell you, this action back and forth. one small point to make. apple for the year up 20%.
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goldman for the year up 13%. melissa: okay. there you go, gerri. thank you. gary and liz are back to react. so many funny crosscurrents on that. amazing goldman is standing behind the credit card and the analyst comes out and says we should be applauding them for going against the grain what is in the company's interest but at the same time i also, you know, to me that kind of analysis is very shortsighted because what it really is about it is like amazon where one's you're in the ecosystem, you start to buy everything there. you're on your apple phone, using your apple credit card, watching apple shows and apple devices. you get totally sucked into that ecosphere. >> he yep. melissa: they can raise prices later. you probably don't even notice. what is your take? >> i think that's right. i think the negative case here is that they are entering new, very competitive spaces. we don't know how successful they will be. although to your point, they
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have a really good hand going in which is incredibly large embedded bunch of apple devotees. that is really a cult following. remember they came out with a phone and people would line up around the block. that is pretty impressive. melissa: yeah. >> i think the negative is, again, making content, okay putting a billion dollars into content. but netflix has 15 billion. amazon has eight 8. this is really crowded. this is pretty crowded spaces. a lot of contend years yeah. >> so i think, it is not for people to take aquation view of this. that said, it is not a expensive stock. melissa: gary, who has deeper pockets to get in and really compete to drive all these other folks out of the area than apple? >> they have lots of cash. melissa: they have a lot of cash. >> it has been folly throughout the years to bet against this
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company. i get it, the brilliant liz peek said it is competitive. in the last week i got 30 offers for credit cards. there is channels upon channels. who needs more channels. who needs videogames? the news is free. question how much will they get out of this. saleswise it will go up percentage basis, i'm not sure how much. earningswise, i don't think this will be a gargantuan driver. it can't hurt. i think they're more chasing than breaking ground at this point in time. melissa: it is about the monopoly. my whole family is glued to the iphone all the time, i'm telling you. guys, thank you. connell: you heard blake talking about removing obamacare completely. how the trump administration is backing a federal judge's ruling to just throw out the health care law in its entirety. democratic leaders are getting set to fight back. we'll talk about that next. melissa: tax dollars at risk. senate vote on the green new
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deal, championed by congresswoman alexandria ocasio-cortez. what the move could mean for you and your wallet. james freeman of "the wall street journal" coming up. connell: devastation in the midwest. rising costs from the flood damage leaving residents without a road to recovery. the latest on that is just ahead. ♪ here at snowfest... for your worst sore throat pain, try new vicks vapocool drops. it's not candy. it's powerful relief. ♪ ahhhhhhhhhhhh vaporize sore throat pain
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connell: let's get back to this war over obamacare t was renewed, when you think about it. the trump administration seeking total and complete overturning of obamacare, the affordable care act as democratic leaders on capitol hill introduced new legislation trying to strengthen the act. we have liz peek back with us, and james freeman from "the wall street journal" as well. interesting, james, to see politically, the administration goes all-in, as opposed striking down part of the law they want to strike the whole thing down. do you see more political risk or opportunity? how do you view it? >> the exit polling last fall, shows republicans can't do much worse on the health care issue. that was the killer and difference. people talk about donald trump and his tweeting, if they thought anything of this collusion investigation but health care was really the issue that gave democrat as huge advantage. i think the president seems to think from his comments today he
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can play offense on this issue. you saw him start to do that, going after "medicare for all" last fall. he thinks he could make that the defining issue in 2020. connell: seems like it is going to be, right? if this is the road the white house is going down, to james' point, liz, the democrats are already on the road. nancy pelosi came out today, these new proposals they want to put forward, it has been a winning issue for them. look at health insurance stocks that were mixed in today's trading. is the president right that the republican party can be the party of health care? and if so is this the way to do it by striking down the entire law? >> good question. it makes me nervous, frankly, because they are tremendously underwater on approval ratings on this issue. i don't see how you create a whole new structure for helping people with insurance between now and the election in 2020. that is what they will have to do if they get rid of obamacare. they cannot leave 11 million people hanging. i think it's a pretty risky
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business, frankly. i'm surprised they did it. connell: it is interesting. i want to point out the vote on the green new deal. we talked about with chad pergram, that vote, for what it is worth, it may not be worth very much chad told us is happening right now. there you have it. we'll follow it. we'll see how this whole thing shakes out on capitol hill. speaking of how this whole thing shakes out, james, that is what i was getting earlier, the president is taking some sort of a rick, right? if you're democrats anytime they argue about health care, hey we'll give you this, give you that. the republican argument many times is hey, we'll save money or, sometimes become as more difficult political argument as we saw in the midterms. is that still the case, if you strike down the law, take the risk that people in the near term lose their coverage? >> that will be interesting. we should point out, you're asking about all the politics, i think it is possible they came to a legal conclusion, the correct one, this thing is
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unconstitutional. connell: okay. >> that is where the supreme court was going until chief justice roberts in 2012 called it a tax. that tax got eliminated in the 2017 law that president trump signed. so it makes sense this thing would go away. connell: that's fair. they have to come up with a plan how to face it is the challenge. >> i think what you have, you have the trump administration now with a pretty good story how they're expanding access to cheaper, more affordable policies than obamacare. if they have a path that allows people to get the policies, the coverage they need, not have to pay more than that, and they can contrast it. connell: right. >> not with the affordable care act which about half the people like, but with "medicare for all," if that is the democratic program in 2020, which most people don't like, i think you can see a possibility. although granted risky as you say where it might end up being a better issue for republicans. connell: that is really interesting. we'll wrap it up for now. really interesting, we'll look
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back the day 2020 became about health care. >> could be. connell: with the president's statement, liz, james, good to see you both. >> thanks. connell: okay. melissa: a looming battle on capitol hill. president trump meeting with congressional leaders at the white house today to discuss a path forward for its new trade deal with canada and mexico. so can the plan pass a divided congress? we'll talk to congressman vern buchanan who was at the meeting with president trump. plus holding michael avenatti accountable. the former lawyer of stormy daniels facing decades behind bars for extortion and fraud. avenatti vows he will be fully exonerated. details next. because when it's decision time... you need decision tech. only from fidelity.
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connell: breaking news for you, robert kraft, how about this story, he is requesting a jury trial in the florida prostitution case. the patriots owner pleading not
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guilty to charges. he rejected a plea deal from prosecutors. he want as jury trial. how about that? melissa: nike, michael mike avenatti doubling down on threats against the sports wear giant a day after trying to extort more than $20 million from the company. laura engle is in the newsroom with even more. even more. reporter: even more. it just keeps on coming. melissa, when michael avenatti was released on $300,000 bond yesterday, weighs ordered not to contact one of his alleged coconspirators in the new york case who "wall street journal" names as celebrity attorney mark geragos. he was not instructed to stay away from twitter. he has been going on twitter, naming names on the very thing he threatened to go public in the first place, accusing the nike corporation making payments to high school and college athletes and then concealing
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those payments. prosecutors allege that avenatti went to nike and threatened to reveal rules violations of a amateur team violated by nike unless nike paid him $20 million to keep quiet. in a statement to fox, nike says they are cooperating with the federal investigators into the ncaa team for a year. avenatti tweeting this today, if nike was cooperating with the government over a year relating to this scandal, he says they weren't, this is a lie, where are the disclosures in the sec filings, there are none. wait until the sec begins their investigation and asking why nike hid this information from investors? he appeared in federal court to face four charges involving extortion in this case yesterday after his arrest in los angeles. the u.s. attorney also announced bank and wire fraud charges against avenatti for allegedly defrauding a bank through fake tax returns and embezzling money from a client.
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avenatti will face two court appearances. one on april first on the california case. april 25th on the new york case. melissa. >> i feel like twitter is not the smartest place for him to be right now. anyway. reporter: right. melissa: we all make twitter mistakes. thank you, laura engle. connell: lyft is reportedly planning to price its shares above the target range which is 62 to $68 for the ipo. this information coming from our friends at "wall street journal" the ride-hailing service set to make its trading debut this coming friday? as an added bonus the company is offering new perks like free banks accounts and discounts to car repairs to alert drivers to the platform. look for lyft on friday. melissa: charges dropped against "empire" actor jussie smollett. why the chicago mayor calling this a whitewash of justice. i'm not going near there. connell: vote on alexandria
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ocasio-cortez's green new deal. why majority leader mitch mcconnell pushing full steam ahead on a bill he doesn't support. james freeman on that next. melissa: flooding in the midwest. we'll bring you to missouri where farmers are in desperate need of a solution. ♪
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connell: putting it on the record. that is the idea with the senate now taking this procedural vote to launch debate at least on the green new deal. of course it's a democratic proposal. if it ever were to come to fruition it could cost taxpayers up to $93 trillion for 10 years. those numbers come from the american action forum. we have edward lawrence live on capitol hill. they're voting now, right, edward? reporter: exactly, connell. this is a procedural vote to move this bill along. trying to get to the floor to debate the vote. senate majority leader mitch
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mcconnell says he brought it to the floor because the democrats originally made a very big deal about this. he said a vote for present is a vote for the deal. he wants to support it. who doesn't want to support it. some democrats saying this must pass. listen. >> congress has to take this crisis seriously. we need to treat climate change like the existential threat that it is. we need to pass a green new deal. this should be our nation's moonshot. reporter: you said it, $93 trillion in some estimates over 10 years to pay for this. some proposals, it would eliminate air travel. it promotes free housing, as well as free health care. some republicans, almost laughing. >> i think what this process will do, it does two things. it talks about an absurd solution to a real problem and it puts some pressure on republicans if you're against the green deal which i am, what
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are you for? i'm for some solution to climate change that is dramatically different than the green new deal. reporter: some democrats upset that the senate majority leader mitch mcconnell would bring this up to try to get it to a vote even though it was some democrats who wrote it. just now the president, out of the white house, he signed an executive order trying to ready the government for electromagnetic pulses. those are pulses that would knock out any electronic circuitry. he wants to make sure the government is prepared if in fact another country or another entity comes up with one of these and tries to attack the united states. that partnership between public, private, and study on this, how we can protect ourselves will begin. back to you. connell: a lot going on. edward lawrence on capitol hill. melissa. melissa: back with us, james freeman from the "wall street journal," he is a fox news contributor. you wrote a great piece on the green new deal a while ago. it is interesting to me to hear democrats say climate change is
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existential threat to our existence. the green new deal is a threat to the existence of the entire industrial midwest. they're talking about, if you eliminate carbon-based fuel, and carbon-based economy and air travel, it is a way of life for a giant group of people who built things, make things, drive trucks, grow food, isn't that, i mean, isn't that the way that republicans should respond to that kind of comment as opposed to saying it is too expensive? >> it is not juts republicans. you have seen labor union leaders, you're putting all of our members out of a job if you go forward with this plan to turn our economy upside down. as you pointed out, it's a revolutionary change. you're talking about wind and solar which provide 2% of the country's energy. but the government is going to essentially order it moved to 100 roughly within a decade. so, it is, it is an enormous cost. this vote today is kind of
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interesting because i think all of these senate candidates and every single democrat running for president from the senate has endorsed, i should say cosponsored the green new deal. the question do they actually mean it? if they're voting present, as you point out, they're in this position they're saying it is existential crisis and it is, some call it akin to world war ii. maybe we'll address it tomorrow. melissa: it's a trojan horse for socialism. within it it is talking about a living wage, providing income to people who aren't willing to work. what does that have to do with climate change? they sort of sandwiched in all of these things that are about socialism, and put it in, what is supposed to be a climate change bill. it is fascinating. forget getting anybody on the record on this. meantime you had another terrific op-ed today. >> thanks. melissa: talking about mueller and the obama accounting and this is sort of in my mind the way you laid it out.
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the next phase of what we saw. so if the mueller report found no evidence of collusion, with the russians, between the president and anyone in his campaign, his associates, it immediately begs the question, if there is no evidence, what was the evidence that was used to start the investigation? how did this all get started? if there is nothing there what started it? what was your thought on that? >> yeah, i mean if you are saying there is no evidence of collusion, and that's where we are now, how did the government come to use the surveillance powers which we all thought were supposed to be for going after terrorists, bad guys, direct them at the presidential campaign of the party out of power? melissa: in the heat of an election. >> it is such an abuse and, you would think this is not a call made by a middle manager. this is a call made by a pretty senior person to say yes on no
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evidence. we're going to start spying on a presidential campaign in the united states. and we want to know, i think, i think it is really the bare minimum barack obama owes to this country, explain what he knew about this? did he approve it? did he not approve it? when did he find out, if he wasn't approving these various activities such as getting a wiretap on associates of the, opposition campaign? melissa: yeah. >> we need the story. melissa: we do. james freeman, thank you so much. >> thanks, melissa. connell: overseas round up in terms of the news today. seizing control of the brexit process. this is still going on. the british parliament taking power away from prime minister theresa may over the government's decision to leave the eu uk lawmakers passing an amendment, gives themselves the authority to vote on alternatives to her plan. we'll keep following that but despite a future in doubt for that prime minister theresa may
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this is also into us, london remains unscathed in the eyes of travelers. the city is named the best disnation in the world for 2019. trip advisor is giving that out, the annual travelers choice awards. we bring that up, and point out this, if you decide to visit london, stay alert. or you could end up in the wrong place or even as luck may have it, completely wrong country. i don't know if you heard about this already, passengers on british airways flight were in london. they left, they thought they were going to germany, they touched down instead in edinburgh, scotland. melissa: not even close. not even close. connell: not across the channel at all. the whole problem was, i guess somebody put a flight plan into the computer and typed it, well obviously wasn't the right flight plan and they went 350 miles the wrong way. so it is my favorite story, maybe of the year so far. i wanted to bring that to you.
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melissa. melissa: at what point did people notice? weren't they watching the map on the way there? i don't know, anyway, so many questions. pushing for trade. president trump meeting with lawmakers at the white house to trump up support for the usmca. congressman vern buchanan was with the commander-in-chief. he is coming up. plus a truth at risk. the israeli army ordering additional troops to the southern frontier with gaza as amass and israel work to broker cease-fire amid escalating tensions in the region. how prime minister benjamin netanyahu is responding to the growing crisis. we're live on the israel-gaza border. that's next. i wanted more from my copd medicine...
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melissa: escalating tensions. israeli forces and gaza militants exchanging heavy fire after hamas launched a surprise rocket attack that hit a home near tel aviv. we have fox news's tray wingst live from the israeli-gaza border. trey. reporter: earlier tonight, another rocket fired from the gaza strip into israel. certainly today is much calmer than yesterday. overnight there were series of rockets fired from gaza. israeli forces pounded hamas factions with airstrikes. prime minister benjamin netanyahu landed lack in israel after visit to the united states. upon landing he headed directly to security consultation where he determined the next steps against gaza. thousands more is rayly troops are headed to border ahead after massive demonstration expected this weekend in gaza. israeli officials say there is
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no cease-fire in place. we saw a number of armored tanks along the border as israeli prepares for potential ground operation. they sent two brigades and thousands of troops preparing for the potential of a dozens of rockets were fired from gaza into israel as israeli air force founded a series of sites in gaza including a office of the top hamas leader. iron dome intersented many rockets fired towards israel. we'll wait to see what the outcome of egyptian negotiators will be for out come from both sides. melissa. melissa: this happens after you have the election for prime minister two weeks away now. had you does that tie in? how does that impact that? reporter: that is exactly right, melissa. right now in the region there is a number of moving parts. you have got elections on april 9th. additionally major demonstrations for the one-year
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anniversary of palestinian protests inside of gaza. additionally you have the prime minister coming back after meeting with president trump in the united states, talking about iranian influence in the region. we've seen israelis campaigning on this issue of having to push back against iranian aggression, but not only from iranian-backed troops but from the gaza strip, according interviews we've done with the groups, including hamas and islamic jihad they received funding and weapons from top leadership in tehran. all the issues coming up around the elections on april 9th. this plays into some of the decisions to strengthen and flex the muscles of israeli military ahead of elections in the coming weeks. melissa? melissa: trey, thank you. connell: there is historic flooding t really led to costly damage in the midwest. believe it or not they're bracing for even more heavy rain. the economic cost for farmers, forming many into bankruptcy.
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new details on that coming next. ♪ i knew about the tremors. but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true. i knew something was wrong... but i didn't say a word.
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>> breaking news from capitol hill, senate has failed to break the filibuster, begin debate on green new deal. we're talking about how it was not going anywhere, really designed to go anywhere. it was a procedural vote to begin debate. melissa: it is not going anywhere. connell: confirmed, the yeas and nays 57 and 43, there were zero yes votes, they voted present. you. that was it. 4 senators who caucus with democrat voted nay. and west virginia, doug jones, alabama and arizona. there you go. it has failed. as we particularred. devastates damage in
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midwest, even as water levels begin falling, many in missouri are under able to return to their homes. damages totaling at least 3 billion dollars. fox news mike tobin reports from missouri now. reporter: missouri river at waiverly missouri is just about as high as it can get without going over the levee. there is a concern that boils forming in the levee. i can show you, this is water that is seeping through the levee, the danger, it can degrade the dirt inside of a levee, causing a breach, then you have thousands and thousands of acres of farmland to the south of us that are at risk, to solve problem of these boils, nothing high-tech. noah putting bags of sand and
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gravel in the start of the hol hol hole, what is it like? >> cold, takes some digging, the whole never really bigger than your fist they are hard to find. reporter: one hole at a time, trying to empty the atlantic with a teaspoon. >> basically. reporter: everyone is pitching in, everyone has skin in the game, tight knit farming community, they are associated with farming. it is remarkable to see the way everyone in the community is pitching in. melissa: thank you mikism story breaking at white house, trade negotiations with president trump, meeting with republican lawmaker, pushing for the passage of the usmca, so mauled nefallcalled -- so-called my naa
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deal. fresh out of that meeting to camera. congressman vern, just tell us if you can what the argument was that the president made to you in order to get the deal passed, what is his case? >> i kind of refer to it as nafta 2.0, 1.3 trillion dollars of economy activity wea between u.s., mexico and canada. idea to get this done before august. i think we can. i'm optimistic, we have a lot of momentum, ambassador was there to talk about meeting with democrats and there seems there is some momentum there. i feel optimistic about where we are at. connell: couple things on the sosifics. -- specific, tariffs, we've been looking at economy people coming in on numbers on how much tariffs cost the economy. one thing brought up with this
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deal, congressman, the steel and aluminum tariffs would go away if it passes, will they? >> we're hoping for. there are things to be negotiated out, we have to get votes out of the house. 218 votes they will be talked about, there is you know people on both sides of that issue. i feel strongly we'll get it done by august. connell: you would like to see those go away? >> i would. connell: not replaced by a quota system. >> no, absolutely not, but i think we'll clearly get there we have to get majority of republicans on board, and 30 democrats in the house. connell: other thing, you need the democrats, what if something goes wrong and you don't get it passed, how serious is it. president talking about prenafta. >> i think that concept. too big to fail, it is too big -- in florida for example, 1 in 5 jobs is trade related, and
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texas and california, border communities, they will want to get it done, i think democrats and ourselves, i talk to a lot of members, i feel optist about where we are at. connell: thank you for rushing out to spend a few minutes after the meeting appreciate it. >> thank you for the opportunity. melissa: white wash of justice chicago mayor rahm emanuel denouncing dropped charges against actor jussie smollett. >> now to cast a shadow whether they are telling the truth all in the name of promotion, he used the laws of a hate crime, all of us put to the book to stand ul to be values that embody -- this is a white wash of justice. a grand jury could not have been clearly. melissa: empire actor was accused of staging his own assault in chicago. connell: this headline, it hit everyone was like woe, cannot believe that. melissa: no, yeah, amazing.
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mayor is mad, chicago police mad, prosecutor recused themselves, one to watch. connell: thank you for joining us. we appreciate it. melissa: "bulls and bears" starts now. david: first key vote on green new deal, just wrapping up on the senate floor, we'll bring you the very latest on this vote tally. stay with us. but first potential 2020 candidate howard schultz scolding democrats over the mueller report finding, howard schultz saying americans, he is meeting on his tour are not asking about it, it time for democrats to let it go. >> to last 7 weeks, as i travel the country american people have not asked me about that investigation. and i think to see the president of united states now spiking the ball, and celebrating the fact that their was no collusion, and no democrats unwilling to let it

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