melissa: i love it. i was going to say i think he's mocking him. we love it. thank you so much. bring us some coffee. that does the rest. connell: thanks for joining us today and everyday. "bulls and bears" starts right now. breaking news in big meeting of the so-called big four now underway on capitol hill. top congressional leaders of both parties trying to hash out a two year bipartisan agreement by the end of the day on spending caps in the debt ceiling in an effort to avoid another government shutdown later this year. let's keep our fingers crossed. what has staff met laudani and steve mnuchin attending even. hillary von standing outside the door of this meeting. she's going to keep us up-to-date with any headlines and we will break the show to bring them to you. this is "bulls and bears" and i'm christina filling in for

david asman who is traveling somewhere in europe. we do have a jampacked show for you tonight starting with tensions escalating with iran. the trump administration breathing senate and house members on this matter this afternoon than this comes as her u.s. defense chief has been put on hold thanks to u.s. efforts. more on that developing story later on the show but first president trump the message seems to be resonating more and more with voters across the country. >> you have some of these socialist wackos that want to double and triple your taxes. all it takes is a crazy world but when you have the best employment numbers and history, when you have the best unemployment numbers and history , when you have the best economy probably than we have ever had i don't know how the do you lose this election, right?

>> what a sound bite let's bring our awesome panel for more. we have carol routh and john liesl and kevin joining me scene. we have this new gallup poll data showing americans are split when it comes to weather a free market or government would be the best way to control the american economy. 43% of u.s. adults now say socialism would be a good thing for the country. john i've got to start with you. what is your opinion on this? he's see more people swing toward socialism and he can define it however you want but do you think this is catching on? >> first of all christina you did a wonderful job filling in for david and a great job so i'm up to use i get a lot of questions and. but it is true. i don't buy these polls. the polls were wrong about rex at in the polls are wrong about president trump in the conservative party in australia. i think it's hall -- on how you

at things. my view is completely different from me in person who would now be 20 to 29 years old. people talk about socialism. it's all in how the question is asked and there's a poll that says only 10% of the country believe in socialism. a lot of it is people say i want medicare for all them people say i want health care for all. they view that as socialism. that's not really socialism. capitalism has taken extreme poverty from 36-point -- 36% 11% >> i really have to agree with john. the word socialism is powerful for those of us who are old enough to have air raid drills when we were in grammar school because we are afraid of the soviet union. truly become kind of a lazy cliché today because republicans for many years have wondered any time someone talks about so much as providing a pre-k program as socialism on the march. it's very different from

government troops marching down streets and taking control. people should just say what they mean. when you asked someone about socialism is to turn up and do you like your medicare or social security? kristina: all of these extra words they are adding on. >> the democrats are trained on the words. kristina: they are putting lipstick on a pig let's call it like it is. the end of the day people like spend other peoples money and that's what this is all about. people like the government as a whole. that's what they think it is. they think there's this entity that's the government spending things and they don't realize it's actually your money when you earn that money you give it to the government and you are obviously in the middle. completely inefficient so socialism is a horrible thing and most people don't know what that is what most people don't know what capitalism is either. they look a crony of some and health care that has government

interference and they think it's capitalism. >> the think she brought up the best word of the mall and that's cronyism. one of the reasons why socialism is in vogue right now is because we have a crony capitalistic system where you look at the tax code over 75,000 pages that protects allow special interest. we need to simplify the systems we have right now because it has led to crony capitalism. people are saying hey what somebody else pay for it. why not? and paying these high tax rates and the democrats are going out dancing listen whether it's true or not and carol will get after me but i don't agree that. the democrats say the rich got the benefit of the tax cut. i don't agree with that. here's why. small and medium-sized businesses were completely devastated by the complicated tax code. they were paying higher rates than the publicly trading corp. so now what do we see? a renaissance and small and

medium-size businesses. that's why were adding jobs. now we are an equal and level playing field and democrats are going after that. kristina: keeping your money is in the favor to. keep your own money that's not a benefit combat tours. >> be a argument from left side you look at the tax-cut overhaul in 2017 it didn't help real estate moguls are those who have capital gains and hedge fund guys. president trump said the presence of campaign is going to go after these guys get these guys are getting a break. to your point kevin maybe there is a little bit of sway toward the 1% in the big corporations i'm just practicing with the left would say. >> is not just democrats who say the rich benefit disproportionately. we can say everyone benefited but the rich get up higher percentage of the benefit. kristina: it's a benefit to you.

>> the to them the non-level playing field and we made it less level. >> john would he think of this? how do you feel? >> yes, i do. i do think it is and i think the corporations that are not paying any tax right now because lou paulson you can call it depreciation these guys are making billions of dollars. they should have a system where they have to pay in to the system. to me that at some level but the one thing that is never fixed wealth inequality throughout all of history is things that affected are things you don't want. they are systemic failures. financial collapses and regime collapses famine or disease. government policy has never fixed wealth inequality and the one thing democrats are coming up with their point of view they can't argue the economy is doing well. they want to go after taxes on the rich as a candidate measure not necessarily because they need more revenue for the treasury which to me is why you tax people.

kristina: charles hosted a town hall in "fox business" regarding this very issue while voters might be wearing out to the idea of socialism lou dobbs feel capitalism is the best for our economy. >> the think it's a good thing if you allow some people to drive ability to become rich. the more rich white get the more rich people you allow the more growth in your economy to more innovation to more efficiency and greater prosperity. lou: we know what isn't working and that is socialism. [applause] in this economy there is no close second to what has been achieved buy american capitalism american free enterprise, capitalism that is not only traded the worlds only only superpower the wealthiest country on earth but the most powerful economically and militarily and in any other way you wish to apply a metric.

this is capitalism. it works. kristina: these are two very smart man. >> these are shortcuts to making crowds cheer. if you take someone who is totally into government, government can't do anything right you must take the military then. how dare you, i guess government can do-somethings hoping do we opt to be having is about how we get better value for the money that we have spent. >> the let's give government more money. kristina: maybe we are not doing a good job at how we use the money. sinecures edition i think you would agree if they kevin most of the people who are for small government believe in things like the military because it enforces their property rights. they probably have is with these wealth transfers in these entitlements which is not something the governor was setup to do. >> the goes back do we should have a smaller federal government to let the state

decide on the issues and we will completely pay for the military. that's no problem. that's the whole point of the federal government and also to make sure -- kristina: what would you cut? >> the department of education. where completely failing to edgewise. i didn't say for-profit program saying is we should look at the charter school models. we should make it a merit pay system of the senior base system. if you talk to any teacher out there the teachers that are most passionate are saying their money in the classroom and they are not getting the benefit of it. we need to fix education especially if this economy wants to continue to grow a pair what we are talking about, let's give the government more money. let's give the government more money for education. >> the amount of money you just saved amounts to 01st of all. >> the let's give them more money then. kristina: is about reform and

doing things like social security and moving to where people own their 401(k)s. it's about opening up health care to the free market and having a social net only for those people who truly can't afford it. it's reforming the system so we don't have entitlements for everybody because at the end of the day government spending is inefficient. kristina: john do you want the word? >> i do yale. i agree with carol we have to reform these entitlements but that's not on the table. you have erskine erskine bowles accounts we are going to change the retirement age from 65 to 67 they are talking about doing it in 2040. how in the world are we going to prepare for that? most of us is 65 will be dead by then so you don't have to prepare for it by them. the people are not willing to reform these entitlements. the system is inherently unfair. we can retool it a little bit but as far as reforming

entitlement i'm sorry it's not on the table. kristina: want to remind your viewers you can take to twitter. the conversation can continue but let's get back to capitol hill pill. it's not looking good for the spending taxpayer ribbing told from a reporter on capitol hill the majority leader mcconnell has left and he did not say anything to reporters questions three of minority leader schumer that followed him as well and when asked if he was coming back he replied not tonight. the odds are over in non-defense spending they need to work out a way to fund the middle class. hillary isn't rushing the camera so we will have more coming up on this after the break plus president trump vowing he would use force against iran escaped will the president need to make good on his threats? national security officials briefing congress on the situation iran behind closed doors on capitol hill this afternoon. he got congressman elton attending. he's going to join this after

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kristina: braking is a big meeting with congressional leaders of both parties on spending and debt audio for minutes after begin we have hillary vaughn who ran to the counter. she mated and she has her microphone mounted within minutes what did you find out? seems like there was a major breakdown in negotiations because we were outside the meeting where the big four were. then majority mitch mcconnell minority leader chuck schumer and speaker nancy pelosi and kevin mccarthy meeting with mnuchin and mulvaney. there was a deal that was going to be and -- done by the done by then today that 45 minutes in the evening we saw senate majority leader mitch mcconnell leave the 80 walkout. reporters peppered him with questions asking what happened was their breakdown in negotiations specs he stayed mute and said absolutely nothing with no indication what happened

but then minority leader chuck schumer left following him saying he will not be coming back to the negotiations and i think there's a big disagreement over how to allocate non-defense spending saying they need to work out a compromise to fund the needs of the middle class or that's the schumer said was a sticking point between all parties. this breakdown is a surprise because moments before the meeting took place and the reason why the second meeting took place today was because mcconnell assured he was optimistic that a deal would be done by the end of today. that's why mulvaney and mnuchin came back to the hill for around two but it seems like that optimism was a little optimistic kristina: based on your experience on the hill right now do you think that this could possibly escalate into something much worse and usually when we talk about the debt ceiling we talk about maybe a government

shutdown. >> the questions about sequestration. if they aren't able to get this to your spending deal done and that's what they are shooting for the spending deal that would cover two years and if they can't work that out sequestration would essentially bring an automatic budget cuts across-the-board. that's what they are trying to avoid from happening and that's what's at stake. republicans in congress don't want that to happen. that would be bad but is doesn't seem fair to closer to dylan seems like the same issues are still there. all along house democrats and senate democrats have pushed back over what money is being spent and where particularly for the middle class particularly non-defense spending. seems like they have not worked out their issues. kristina: once again agree to disagree to thank you for rushing to the camera hillary. appreciate it. >> with iran we will see what happens but they truly been the

number one provocateur of terror. we have no indication that anything has happened or will happen but if it does it will be met obviously with great force. we will have no choice. kristina: the president trump making his intentions clear with iran that he will act or we will act with great force if necessary. you have national security officials wrapping up their closed-door meeting on the escalating threat. >> we shared with the house and the senate our strategic campaign in an effort to push back against iran's activity 40 years of terrorist activity. we are talking about that. we tried to place the recent intelligence and context without 40 years of history and we walked through our efforts and our ultimate objective over the past they would suspend to deter iran. kristina: was bringing congressman lee belgian who was in the house briefing moments

ago. congressman i know we can't get you in trouble or anything but is there anything you can tell us about what america will do going forward? >> i can reinforce the message that president trump and the trump administration doesn't want war. they don't want a military conflict if we were to get attacked we would defend ourselves. we would do it swiftly. we would do it overwhelmingly and we would defend the united states so that's an important message for iran to understand. two years ago there was a back-and-forth between president trump and kim jong-un and president trump was criticized. the fact is when you're talking about north korea or iran if you attacked the united states you will be met with "fire and fury" one thing that should get lost in the conversation is president trump doesn't want a military conflict. congressman is kevin kelly here and i think you are echoing

american sentiments about how we don't want war but one of the biggest issues we will be facing is iran's opposition to israel. we know israel came out a few months ago and they said we know iran is doing a nuclear proliferation possibly and they did their whole press conference on that and all of a sudden we have seen iran has filled the power vacuum in iraq. how do we delicately balance iraq and israel and american interests in not going to war with iran? >> a simple way to look at the situation could be the four instruments of national power, diplomacy information military economics. what you see the trump administration doing more of this placing more of a military option on the table but not for the purpose of using it. that's the last possible option but that increases the ability to make economic pressure more effective for the information

campaign. there are millions of iranians who want to take control of their own destiny. they want a democratic iran and that's what millions of them talk about and then there's the high lateral multilateral diplomacy. we are talking two notches of the countries in the middle east , we are tech and european counterparts in russia and china the p5+1 includes russia and china so the nuclear activities of iran and the non-nuclear bad activities in the jcpoa the non- nuclear took him in up short with a sunset clauses and verification regime and not dealing with non-nuclear activities. the president is putting leverage back on the table and the sanctions are back in place and have resulted in a reduction for iran's trade and economy and hopefully we can increase leverage. maybe it's not today. maybe the middle of may of 2019 but we are in a stronger position -- position in the iranian side we have more staying power. will be prepared for the worst

but what is in the best interest of iran succumbed to the table and some point in the future. that's a better path for them and their great consequences of a continued down the path we have seen the monarch last two years. senate congressman is carol roth. terms of the concerns you have how much is related to direct threats against united states versus threats against our allies? >> first let's talk rhetorical. no one should be giving too much weight to the foreign minister anna iran and his twitter feed in a statement. this guy is a -- and he might be saying the united states should be respecting iran more and we shouldn't be threatening iran to let's talk about the rhetoric coming out of iran. for longtime guess they called israel the little but they are calling the united states the great. remember when they held hostage united states sailors and embarrass them publicly. united states afterwards by the way said thank you and that was

our response, thank you for releasing them. the rhetoric and followed by the actual actions, i see the intercontinental ballistic missiles when iran this test firing them. those aren't meant for israel. they are meant for united states. what's the worst part of it? it's the hundreds of u.s. soldiers who have died at the hands of the iranians. its equipment and financial resources, logistics provided by the ra gc and the head of the iranian regime. that's not rhetorical. that's actually resulted in blood in the hands of these iranians that we are seeing yes there's a threat to our allies in the region and around the world but i've seen a threat to united states especially when united states servicemembers are sent home. kristina: i'm going to have to cut you off because we are sure on time. thank you so much for joining us today. we have a democratic divide.

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kristina: under pressure house speaker nancy pelosi calling a special meeting of house democrats tomorrow at 9:00 a.m. eastern time to the speakers expected speak with a party and impeaching president trump after white house counsel don mcgahn a key witness in the mueller report failed to testify today by democrats on the house judiciary committee reportedly telling pelosi earlier that the party should move towards impeachment if mcgahn did not show up. folks i had to bring the panel

for this. what would months of impeachment gridlocked mean for the markets and economy? job i want to direct this to you. i know you love history and i was looking at stats regarding this. all previous impeachments even dating back to 1860 there wasn't that much volatility in the markets. you had a drop in clinton confessed but overall to rethink anything bad is going to be a major selloff? >> knowing history tells you that if you look in andrew johnson impeachment clinton is a mention but also look at other presidential scandals. the scandal and their president harding and the iran-contra. the market generally continued to keep going at in the direction of us going through presidential scandals have very little to do with the market itself. government policy that involves the economy is what moves the market not presidential scandals. i don't think the president will be impeached because the democrats know they can't convict him without two-thirds of the vote but even if that were to happen it would have little effect on the market according to history.

>> interest rates will decide the market and economy. impeachment will decide who wins the next presidential election. democrats go down this road they do so at their doom. this is how to lose an election. red the mueller report that was a "game of thrones" finale. neither side founded particularly satisfying but it's done. this will lose an election. kristina: is one of those things i don't want to happen but the small anarchist in me kind of wanted to happen. i kind of like to see the whole thing burned down by the it's interesting you say wouldn't have any impact on the market because the one place you say would have impact is china trade. the chinese are going to play a much longer game and be much less likely to come to the table with the deal. i think that's something that could affect the market. said this whole mccann thing is preposterous to start impeachment talks because you have to have high crimes and misdemeanors and you have to have the house impeached him in

the senate needs to remove him from office. >> which is not going to happen. >> that's why in bringing this up. democrats are you the party of moving the country forward or the party of obstruction just messing around with the status quo? americans want solutions especially in the 2020 election. democrats come out and say hey was in we are at about moving the country forward it's going to hurt them. kristina: do think it's about playing tough because the democrats haven't played us tough as the republicans and president trump and how he's been so different than the rest and the people voted him and because of that. >> at this point for them it's not about what's -- it's how you win. it turns the president to victim. >> they have been crybabies about this since the day he won the election. this is about nothing but eating sore losers. they haven't gotten over it and they haven't figure out if he's

going to win again. that's all this is about. >> at the end of the day these guys are survivalists. that's what all politicians are and they want to win. they understand what happened to the republicans when they peach president clinton. most of these congressmen are old enough to remember what happened to president johnson when he was impeached. these guys have learned from history. they are going to do it this is a self-serving reason. kristina: 1868 thank you john. pelosi's big meeting with house democrats tomorrow morning she will be heading to the white house to meet with president trump and senator chuck schumer to discuss their 2 trillion-dollar for structure plan. they question how are they going to pay for a? our next guest says the rich and the corporate should pay for video the executive director of americans for tax fairness joining us next. key portfolio events. all in one place.

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kristina: house speaker nancy pelosi minority leader chuck schumer headed to the white house tomorrow to meet with the president for the second time to hammer out details in their 2 trillion-dollar infrastructure plan but of course once again no word on how they are going to pay for it. frank clemente executive director of americans for tax fairness wrote an op-ed in "usa today" pushing for democrats to demand corporations and the rich to foot the bill. in the article clementa gives five actions for tax hikes including annual tax on extreme wealth taxing wealth more like work placing a surtax on super high income making corporations pay more and taxing wall street trade. mr. clemente joins us now but thank you so much for joining us. i really do appreciate it. let's talk about your proposal. in one line you said there's no choice but to raise taxes and you outlined several suggestions that sway towards what the democratic party has put forward if can you elaborate more in how this could possibly work?

>> first thing kristina thanks for having me and the question question is there are three ways to pay for infrastructure. one is you increase the deficit and the debt and i'm not sure your viewers want to do that. second way is to cut spending like social security and medicare and medicaid and i guarantee the public is not in support of that. it leaves you with no alternative than to raise taxes. if the american people face the choice that they want to raise their own taxes or want to raise taxes on the wealthy and corporations i guarantee you they will take the latter. kristina: everybody likes to spend other peoples money but there is another option that you didn't mention and i wanted to get your take on that. why does the government need to spend -- to fund this at the federal level at all? why not leave it to the states to fund their own infrastructure? >> we been leaving it to the states for years and we are

having $2 trillion deficit right now in terms of the amount of money that's needed to bring her the structure up from a. greg: of d+ up to a. greg: of d+ or a. the states raise the revenue they can raise to do this. they get a big chunk from the federal government could issue a call every five years were in this fight over finding -- funding the highway trust fund to keep it level funded in addition to the $2 trillion to get us up to efficient infrastructure. >> frank do you have any concerns that should corporations pay for this that they are going to raise costs to consumers or just reduce their hiring or lay off people in order to afford to pay for this? >> corporations are doing great before they got the trump tax cut to reduce their tax rate from 35% to 21%. we haven't seen any tremendous increase in jobs from most tax

cuts. there has been little increase in investment. the corporations are taking that money and doing trillion dollars in stock buybacks at double what they did the year before. stock buybacks go to wealthy ceos and shareholders. it's not trickling down to the rest of the economy. corporations let's face it corporations are the ones who are going to gain the most from a good infrastructure. >> the what you to know a lot of the large multinational corporations tax went up. ibm is a perfect example because they were offshoring a lot of their profits. their tax rate went up so small and medium-size businesses benefited from the tax. kristina: you have larger corporations that didn't pay any taxes at all. >> 60 corporations paid zero and that's double what it was before the text from -- trump tax cut

came into place. >> frank i lott like a lot of what you're saying. i won't complain too we need infrastructure that less complaints about the deficit that we are running now than if we were spending money and good stuff or beget durable value. why do we need a special tax or special taxes to do what i feel like a prayer going to hit rich people at the special tax we ought to give them a special lane on the highway. why wouldn't you try to tilt on the general income tax to collect more from the rich? >> you could do that. that's the usual infrastructures funded as to the gas tax. the gas tax is 18.5 cents on the gallon. even if you increase the gas tax is a user fee and if you were to triple the gas tax 53 cents a gallon you're only going to raise $500 million over 10 years and that's one quarter of what the president and democratic leaders agree is needed and what the american civil engineers agree is needed. you've got to raise the money in

some way beyond the gas tax. my organization personally thinks the first people paying should be your average working people who wants to go on vacation. why should they pay more right off the bat on the wealthy corporations just got a massive tax breaks two years ago from the trump tax cuts. >> thank you for coming on the show. you actually have a way to get there what a lot of people have not done so i admire what you've done sir. want to ask about the highway trust fund. 1991 and 1993 congress raided the highway trust fund and its insolvent right after the gas tax state gas tax up to 40% of the state gas tax is going to projects other than infrastructure. i think americans are getting taxed more. a lot could take that if they knew was going to the structure. we have politicians who if you leave the dollar in the table they will steal two.

how do you stop these guys from sticking their hands into the company? >> i can't answer in terms of rating local and state infrastructure. i find it hard to believe. states are desperate to their pleading for revenue to help rebuild whether its airports or water systems are roads and bridges. and as we know climate change now is affecting dramatically so many of our communities and we will require joint of dollars to gird ourselves against the effect of climate change. the needs are just tremendous out there. there's no way to do this without doubling and tripling our gain in terms of revenue being raised. kristina: on that note i believe it on that note i believe it there. thanks for joining us frank clemente. walmart employees are calling in bernie sanders to continue his fight against retail giant walmart in the name of the spending worker. we will talk about this just after the break. stay tuned.

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kristina: 2020s hopeful bernie sanders says he's ready to take on walmart and support the rights of workers. sanders says he plans to attend the walmart shareholder meeting for a kit for better working conditions including 15-dollar

minimum wage and also push for hourly workers to have a seat on the company's board in hopes of limiting ceo pay. he says no one should make more than 1000 times the median worker's salary. john i want to direct this question to you. germany's successful capitalist nation businesses have a policy called co-determination which requires 50% of the board to be representative by an employee. chrysler bean example. i can work your? >> i think it could work here. we talk about employees being represent on the board. i disagree with bernie sanders here. when after amazon as well and bezos jumped ahead of a good political move by the way and raised the paid $15 an hour. i don't think there's anything wrong with employees being representative on the board did i think it's good for that to happen. as far as ceo pay being out of line is what the market tears. bob iger is making 65,008 a year and taking the company from 2000 -- 2,200,000,000,000-dollar

increase. what has he worth it? very few people in the world can do that job so i think the difference in what's going on between the minimum wage should be handled at the state love on what's going on in corporate. >> john i'm not feeling the burn at this point. if you want to have a serious discussion about employees revenue okay that's something we can talk about the let's talk about higher minimum wage. i am in favor of a higher minimum wage. 7.2 i've% is not high enough. why are we demonizing walmart? walmart makes jobs across middle america where the companies are making jobs. for amazon with its demonizing of walmart you are not as hyatt. walmart is not on my naughty list. i'm not sure why bernie's going after them. kristina: let me tell you why they cannot have a seat on the u.s. corporate ward.

as a former public company director there's a big role you play as the director and you are fiduciary for the shareholder. that's her role and you are supposed to be focused on corporate governance in a fiduciary role. completely inappropriate to have an employee rap on the board. they can have one on the management team. half a chief officer that brings employee issues to the table at the management level but that is not a role for a board of directors of a public company. kristina: you would argue former ceo of coca-cola, you have walmart and you have i don't know the name of the person on this. you have these major executives they can't relate with the issues of workers. >> that's not their job. their job is not to run the company for their job is fiduciary responsibility to shareholders. >> that is a misnomer. i was a portfolio management --

manager and it's a misnomer that it works in germany. germany the 30 largest companies have that but the middle companies actually don't require that and they have been gobbled up a chinese companies pay the workers aren't representative in that form. that's the vast majority of businesses in germany said let's put that aside. not work in germany and would work here because the problem is that mandating a minimum wage is really hard to do. making $15 is completely different than making $15 in the bronx. the distribution center which they are bringing in robots. >> is a management issue not aborted should. >> mittelstaedt. oprah winfrey has been criticized after latest commencement speech. i'll tell you why people are hitting on oprah. that is next.

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complaining about not getting a car? >> you get a car, you get a car. you get free college and you get free college and this is the biggest problem we are facing the college is too expensive. people need to be conscientious. they don't need to go to college. they need to manifest early debt and take responsibility for their own debt or they should have to rely on oprah. listen you can't rely on oprah to pay for everything and i think they should gripe with the federal government. inflation is high and college education. >> no one is going to want to be a commencement speaker again. the expectations are so incredibly high. this is why we can't have nice things. instead of reverend saying wow that was such a great gesture, they did it i deserve it. at the end of the day your commencement speech or is not your sugar daddy and not your sugar mama. if you want to take on college debt paid off yourself.

>> the president is another rich guy and a very successful businessman. how about free graduate work at trump university? >> he's making america great again. it's not enough for you? >> we are discussing this way too in depth. these are a bunch of idiots on social media and we on social media and we are talking about them. all i'm concerned about is jack seems to know what happened in "game of thrones" and i want to know what happened to the dragon. the dragon is still out there somewhere. kristina: john we want to talk seriously about the issue that kevin broad up and the high tuition. we took a light topic and tried to make it fair but as always thank you panel. you guys are awesome. >> oprah has given a lot of money to graduates in over $13 million we can't harp on her for that. kristina: for "bulls and bears"

thank you for joining us and have a fabulous evening. the evening at it is next. -- "the evening edit" is next. liz: major developments from capitol hill to wall street. we have a text field rally in on his hands while treasury secretary stephen mnuchin just met with the highest-ranking lawmakers from both sides of the political aisle about spending in infrastructure and more. you'll never guess what might be coming here is the hands. potentially higher federal gas taxes. we'll hit the middle and lower classes hard. guess which two democrats 2020 contenders want higher gas taxes? it names are next. do the doom and gloom or is of the party why the media forecast over trump's recession ever