tv After the Bell FOX Business June 28, 2019 4:00pm-5:01pm EDT
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good for them. i think they look great. liz: great to see you, todd. [closing bell rings] todd horowitz. russell once a year rebalances. it is a great day for the small caps. that will do it for the "claman countdown." have a great weekend. melissa: high-stakes meeting in japan. president trump set to meet with chinese president xi tonight. the dow marking its best month since october. all three major averages ending the day in the green on the final trading day for the month and the quarter as investors look for a breakthrough on trade. welcome back, i'm melissa francis. connell: good to be back. i'm connell mcshane, this time from miami i think. the dow is up 61. we're off session highs, snapping a three-day losing streak in the process. we'll have much more on some of these big market movers, s&p 500 with a gain of 15, 16 points into the close. a pretty good close for the day. more on the big market movers. of the here is what is new at
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this hour. ♪ connell: for his pricey plan, senator bernie sanders telling the nation, taxes will rise to fund his "medicare for all" proposal. steve forbes will join us with his take on that. apple meantime making a decision to move some of its production from the united states over to china. what it could mean the next time you buy apple products. temperatures rising here in the united states as europe is absolutely roasting in record heat wave. residents, tourists finding any way to stay cool. what you need to know before heading into a big summer weekend. melissa: whoo, it is friday. that's right. perhaps the most consequential meeting out of the g20 summit in osaka, japan, president trump and his chinese counterpart xi xinping are meeting in a matter of hours. let's go to fox business's edward lawrence live in japan
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with the latest. reporter: melissa, we're talking about six hours from the most highly-anticipated meeting from the g20 summit. that is the meeting between president donald trump and president xi xinping of china. trade sources say they will outline what they need to see in a trade deal. that includes removing all the tariffs before they agree to any new concessions. also they want huawei removed from the sanction list, ideally within 90 days after the talks start again. the chinese are digging in. yesterday the chinese president spent the day securing a trade deal with the japanese, signaling they're very close to a trade deal with japan that could give china a economic boost to keep a hard-line with the u.s. it helps japan hold a harder line with the u.s. in their talks. still on china, president trump believes he can break through. >> question of whether or not we do something. i think we have a very good chance. we see what happens. ultimately something will happen and it will be good. good things happen.
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reporter: the chinese and u.s. trade delegations met yesterday ahead of the world leaders talking, this gives the u.s. an idea what to expect. the united states says china must come back to the table and add back in everything that the u.s. trade representative says they cut out of the agreement. the president also ready to go forward with terrorists on everything else that china imports into the united states. on japan the u.s. is a little farther away with a trade deal. japan's top negotiator says he has agreed with u.s. trade representative robert lighthizer to speed up those talks, work towards a deal. if japan and china are close to deal than the u.s., japan can afford to stand their ground with the u.s. the u.s. would like to see those markets open here in japan. back to you, melissa. melissa: edward, thank you. connell: let's focus on china trade, bob hormats, former senior economic advisor to henry kissinger, former assistant
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secretary of state of economic business affairs among many other positions over the years. you worked a lot on u.s.-china trade relations. as edward reports this is highly anticipated meeting between president trump and president xi xinping. i would like to focus on the short term and the long term if we can. first on the short term issue, what is a realistic expectations investors and all of us can have for the g20 get together. >> would be nice to think they could have a one big deal to wrap all the issues up, that is highly unlikely. the most probable, positive outcome would be, that perhaps they could reach some agreement or come close to some agreement on a couple of issues. but agree in particular not to escalate. that there be no more tariff increases and no more actions of one country against another and establish some timetable for making progress on the issues that are unresolved in the current set of negotiations.
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connell: some of those larger issues that you mentioned, i was actually just in china last week. talking to some officials there, i think you have written about this, so i think you see it the same way. many of them see this more than just a trade war. they see it as more of a kind of a tech conflict and you know, the future of the two economies, i heard a lot about the term decoupling and all this. so how would you define the conflict between the u.s. and china? seems to me that would be important in terms of if we're trying to solve something short term, versus is this something we'll be in for a long, long time? >> the probability we'll be in this for a while. the issue is not a traditional trade issue. if it were only a matter of tariffs they could perhaps work this out, but increasingly it is about both tariffs. it is about investment restrictions, various kinds. it is about restrictions on technology transfer and intellectual property issues. it is about a whole series of
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measures that involve national security related technologies. connell: right. >> these advanced technologies of the 21st century are areas where the chinese and the american companies are competing with one one another. connell: huawei, this chinese tech giant, telecom giant in the middle of all of this. we're all trying to figure out you know, what is the position for the united states on huawei? president trump has indicated they might be part of a trade negotiation but how could a company like that be a pawn in a trade negotiation for lack of a better term, at the same time, being a national security threat? can you be both? >> there is a lot of question marks surrounding this whole question. i think it is going to be very difficult to sort out. the u.s. hinted at various positions that relate to huawei. connell: yeah. >> taken various actions against huawei. the question is whether those could be dealt with in the
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current context or in different, more legally focused. we don't know the answer to that. connell: we're in this for a long time that is your bottom line? >> long term technology competition. the question, can you have organized agreed ground rules for this competition or it is disruptive competition? that will depend both sides working out a good framework for competing. connell: we'll watch that starting tonight. bob, thank you for coming in today. good to see you. melissa: major averages snapping a three-week winning streak. let's go to gerri willis at new york stock exchange with the latest on this. >> reporter: melissa, forget about the winning week. we have the first down week in four because of conversations about trade as you were discussing. if you look back further this is the best month since october of 2015. that is very good news. all three major averages are up 6.7% ore more in june. for the great quarter. a great quarter as well. the second straight quarter of gains here. the index is up more than 2.3%
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for the quarter. everything is sort of on hold. as we talk about trade and wait on resolution for trade issues. down for the week. the month, quarter, doing very well, we come into the end of june, and the first half, back to you. >> gerri, thank you. connell: our market panel, sarah miller, carol roth, future file planning system creator and former investment banker. carol, let me start with you. it has been a nice month for stocks. the backdrop we were talking about bob hormats and china trade, federal reserve, rest of it, the economy on some measures is still humming along. other signs, whether manufacturing, the boned market, we have warning signals. what do you make of stocks from a valuation standpoint where they stand right now? >> i think stocks are pretty fully valued like you said. the consumer is certainly humming along. the market is focused on a couple things. maybe they should be, maybe they shouldn't be.
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one being the fed. the other being trade. i don't know we'll get a happy resolution to either over the next couple months. this seems like a time where we have increased volatility. i would be looking if you want to be in the market, looking at specific names versus the market overall. i do expect we'll have a little bumpy ride. connell: those two issues are intertwined. the sarah, the longer the trade conflict, the trade war, more likely fed keeps cutting rates like crazy. maybe that helps stocks. i don't know? >> i don't know either. look, when we step back to look at the economy from our perspective we see that fundamentals are very fragile right now. you have, you know, families who are struggling to get by. millions and millions of families. at this point, right, you see a lot of energy towards the top and not that structure that economic structure we think present a lot of fragility, a lot of uncertainty, a deep amount of rick, not only for people invested in the stock market but otherwise.
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melissa: 10 years in the running. u.s. stock market about to have the longest expansion in history on july 1st, after starting recovery in june of 2009. carol, normally that makes you want to duck and cover. it has been going on so long, it has got to end so long, but the way the fed presented itself, it will try to keep another recession happening, basically. >> yeah. melissa: i don't know, how do you take that data point? >> it is so interesting. it is one of the things i've been fulling for so long here. i think the fact that the fed missed opportunities to raise early on, the fact that we did not have great policies under obama, we had a very slow recovery, probably added to the opportunity to extend the recession. melissa: yeah. >> excuse me, extend a bull market here. with president trump and his fiscal policy cutting taxes that just added fuel. so i think if we can get trade resolve, that is the key issue.
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i'm not sure the fed will be able to do it. if you cut 25 points, 50 basis points, i'm not sure that will add enough basis to extend for long term period. i think we need to get back to fiscal policy. melissa: sarah, that is interesting perspective. they didn't raise quickly enough, they extended this, there is nowhere. not room to cut if something happens. with do you think? >> i think that is right. >> i think we've seen a very long recovery. at the same time the structure of that recovery like i said has been really fragile. the underpinnings what will contain strong economic growth are just not there. my organization works on market power. a lot of growth and strength of the stock market is at this point we are deeply concerned about that, what that means for the economy over all. melissa: thanks, guys. connell: all right. move on to oil. oil settles up more than 9% for the month 9% for the month.
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let's go to phil flynn in chicago. how about that, phil. >> that is amazing connell. the people thought oil would not go up because the economy is slow but what we're seeing? record demand. we're higher earlier on the expectation that the economy will stay strong, that we might get a deal but we pulled back late in the session. two big stories that changed the mood on oil at least for today. first, opec, there was rumors that they were talking about a bigger than expected production cut at this meeting. that's not going to happen at least according to saudi arabia. they said we don't want to cut more. we'll extend cuts but we want to see better compliance from countries like iraq and nigeria. later in the session we got a report from the eu they have opened the channel for iran to circumvent sanctions on iranian oil. china chimed in, said we'll continue to buy oil from iran. apparently the eu gave into pressure from iran who
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threatened to pull out of the nuclear proliferation treaty if they did not get their way, also go above their levels of uranium enrichment. those two stories changed the mood. markets expect we'll get more irreinian oil. don't count on it. most buyers of iran oil will not touch it because they don't want to get on the wrong side of the u.s. connell: thanks, phil flynn. melissa: interesting. warning sign for the middle class. bernie sanders standing firm on universal health care and free college tuition even if it is on the middle class taxpayers dime. what the progressive push could mean for you and your wallet. steve forbes, forbes media chairman, coming up next. connell: plus democrats slamming president trump today for his comments on election interference with russian president vladmir putin. why critics are calling a move a threat to the 2020 race. are they right? >> the dangerous heat wave across six nations.
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the hottest day of the year expected from the midwest to the northeast as france hit as record-breaking 114 degrees. what you need to know coming up. ♪ 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. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management.
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melissa: bernie sanders latest admission in his run for the white house. take a listen to this. >> will you raise taxes for the middle class in the sanders administration? >> people who have health care under "medicare for all" will have no premiums, no deductibles, no co-payments, no out-of-pocket expenses, yes. they will pay more in taxes but less in health care for what they get. melissa: hmmm. joining us now to react, steve forbes, forbes media chairman. it is closer to the truth than what he normally says. he at least admits, you know that everybody will pay more if you go ahead with his plans but do you think, you know, when most americans hear about free health care and these other things, do they also do the math? do they understand that it is going to cost them, what do you think? >> i think people understand it will cost more money. if they don't, they be reminded 10 years ago when president obama said they would save 2500 to $5,000 with the great cost
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savings from obamacare. in terms of medicare as we know, they only reimburse for doctors and for hospitals 80 to 90% of the costs. rest is subsidized by private insurers by tense of billions of dollars. with at the end of the day, no competition, government running thing, you will pay more, get less health care. in europe, they control costs by rationing it. you don't get the care or wait a long, long time to get it. melissa: then of course the other part of the truth is wealthy people will still have money, will still go hire private doctors, will get the care. they say health care is human right. we'll make it an even playing field for everyone. i wonder do people realize that this would make it even more uneven because there would be can't go to the post office to get it? >> you would see two-tiered system, more medical tour rich, singapore, panama, with
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fantastic medical facilities. that is where the people with means will go. the rest will suffer. in britain, need kid any dialysis, age of 60 or 65, they let you die. rationing they don't want hire. i think american people realize, pay more, get less with bernie care. melissa: what do you think about the candidates who raised their hand, elizabeth warren specific, when they said they would do away with the private health care system and health insurance companies and do away with all of that? do you think that, do you think they will live to regret that moment and do you think americans are listening to that? because a lot of people have health insurance at their work, it may not be wonderful but they don't want to get rid of it? >> no, they don't want to get rid of it. i think that already some candidate, i think kamala harris is semiwalking back from it. she walks forwards, walks backward on it. if the american people will see those pictures time and time again raising the hand, you will lose what you have. government is going to come
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along and replace it. people will not believe it. they got that promise from obamacare. we know what happens to costs there, availability there, the kind of networks you're accessed to with obamacare, you will say uh-uh, we don't believe you. we don't want it. we want choice and we want competition. melissa: to be fair everybody gets elected on the promise of fixing health care and no one fixes it. every time someone is on the hook it seems like things continue to get worse. >> it is all top down. there are no real free market in health care. there is disconnect between providers and consumers. hospitals know they get revenues not satisfying you as patient, but by how well they negotiate with insurance companies and the government, primarily, medicare, medicaid, perhaps some large companies. melissa: what message to republicans have on health care? what could they say to counter this? >> go for patient control. whether having nationwide competition in health insurance
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rather than state by state, equal tax treatment, if the employer get as deduction, you get one too. transparency. the administration is moving a little bit on transparency for prices. if you know, melissa, go to hospital or clinic today, you ask in advance what it will cost. you get a strange look, they assume you're either uninsured or crazy. this is emerging because of high deductible insurance policies, a consumer market in the next three or four years will be disruptive as lyft and uber was for taxis. melissa: that is a great point. i want to end on that, the idea those really high deductibles, one positive outcome of that people are so conscious when they go to a doctor's appointment, what it will cost. >> they're already starting to compare services, starting to compare, you can get this done here, there, it will be good ultimately. you have to live long enough to see it. melissa: seriously. steve forbes, thank you. >> thank you. connell: on to las vegas.
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las vegas is getting creative with the parking tickets. this is kind of a weird story. they are allowing drivers to make donation of school supplies instead of receiving cash. they can rebring new or unwrapped supplies of equal or greater value to their fine. this applies between june 19th, julyeyth. melissa: i see that evolving. kids, you go back to school you buy a supply kit online delivered to the school. here is what i will sponsor with my ticket. that is a great idea. connell: what i hear from your driving your kids may not have pencils. they have to give away all the supplies. melissa: so true. tax reform on the 2020 stage. the trump administration reportedly considering a tax break that could endp benefiting the wealthy. we're live at white house with latest. shifting production away from the u.s. apple's latest move to avert the damaging impact of the trade war. that's next. i have to pay some parking
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connell: breaking world cup news for you. we may have been watching in commercial break. usa, the good guys scored another guys or scott another goal, once again megan rapinoe. the u.s. in quarter final match at world up is up 2-0 against the french. we'll keep an eye on it. melissa: yes. take a look at this, unbelievable video showing planned immotion, knocking down of remaining parts of bridge in italy that collapsed last summer killing dozens of people. thousands of resident who lived near by have been evacuated as precaution. connell: those videos, we always want to watch. let's move on to apple. the only major device assembled into the united states. they are shifting mac pro
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production to china. susan li has the details. susan. >> reporter: they are moving mac pro production to china, a 6,000-dollar laptop computer, mostly professional use. this is the last device manufactured here in the u.s. apple got back to us, final assembly is only one part of the assembly process. they will continue to source u.s. parts as well, and they say that they have invested heavily in 30 states across the u.s., spending $60 billion last year, with 9,000 u.s. suppliers. final assembly, one part of it. apple is moving production to china because they want to get closer to their suppliers. interesting to go into china at this point, and move iphone
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production out of china, given the u.s. china trade war, "wall street journal" reporting this last week as well, 15, 30% goes elsewhere, timing of the story is also a little head-scratching. we have six hours to go until chinese president xi xinping president trump sitting face-to-face to negotiate some sort of a trade deal. guys? connell: not the only big story surrounding apple today, susan. a lot are talking about jony ive, a big name in apple, other than the late steve jobs, people think about the design chief about the ipad, iphone, leaving the company. any thinking on what that means for future of the company? >> 27 years for jony ive. he designed pretty much every iconic device came out of apple the last 15 years. he was part of trinity of top executives at apple.
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you say tim cook and we know iphones sales are slowing. they have plateaued. there is a shift to services. some say with jony ive leaving, gives him more of a portfolio to design for others while also still designing for apple. connell: will be a client in his own business. you're right, the shift to services is is real. susan, good reporting. thank you as always. susan li. melissa: pitching their ideas to the nation. some are saying last night's debate may have cost former vice president biden his front-runner status. we'll talk to former dnc chairman and pennsylvania governor ed rendell. connell: president trump meeting with vladmir putin, the president of the russian federation for the first time since the release of the mueller report. there is fallout from that meeting. we'll have it coming up. melissa: extreme temperatures worldwide. european heat wave is shattering records as some states in the u.s. are experiencing the hottest day of the year.
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>> i was part of the second class to integrate berkeley, california public schools two decades after brown v. board of education. >> because your city council made that decision. it was local decision. >> federal government must step in. connell: small part of the big moment last night for senator kamala harris, making the mark at the democratic debate in
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miami, going over former vice president joe biden's record on segregation. talking to segregationist senators over the years and school busing what have you. bring in former governor of pennsylvania, ed rendell, former chairman of the democratic national committee. you have been a friend of the former vice president's for many years. with that in mind, how damaged is his candidacy last night or is it damaged? >> oh, i think there is some damage. i think he will still be the front runner in the next poll but the lead will be somewhat diminished. it is end of june. how many months away, 17 months away from iowa's vote. a long time to go. other eight or 10 debates before iowa. that will all shake itself out. it is interesting, the media didn't focus very much on kamala harris's miscouey i think was significant. connell: racing her hand.
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>> raising her hand saying she would get rid of private insurance. she walked that back. the second time she walked it back. she had a good night, she looked tough and strong. looked like someone who could take on donald trump in a debate. that is a dangerous position to be fudging on because 160 million americans get their health care from private insurance. connell: right. >> let's say a third are not happy with it. that means 110 million are happy with it. they want to be told they're forced into a government program. connell: so much energy on the left side of that democratic party now. we saw over the two nights that we were in miami covering the debates. if you were still chairman of dnc coming out of these debates would you be concerned how far left the party has gone even on the debate stage thousand that the campaign is introduced to far more people? >> i would be concerned on the debate stage but let me reiterate what i said before on your air. connell: yeah. >> the party has not gone that far left.
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if you look at the polls, 70% of the democrats describe themselves as slightly left of center moderates. connell: right. >> 70% of the democrats want us to cooperate to get things done. >> doesn't that make the point, governor? if the candidates are going left of their own constituent then in many ways, catering to a small base. that could be dangerous. >> some of the candidates, absolutely. the media makes more of it, media and sort of chattering class, those of us involved in the business. we're ahead of the ordinary rank-and-file democrats. there is potential danger, no question about it. i was listening on the radio today. county comptroller candidate in one of our suburban philadelphia counties, he put a campaign ad on, we have to stop the democratic socialists from taking over montgomery county. there is nothing socialist about democrats in montgomery county, they're using that refrain even
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now. they will use it everywhere. if we -- connell: give them ammunition to do that is your point. >> connell, you couldn't be more right. connell: let me ask you one final question about last night, strategy going forward from here. the former vice president's main argument, those that support him, this is the guy that can beat trump in your state, in other states. did kamala harris establish herself at least last night and some democrat look at her, you know what, maybe she can beat him too? >> i think she did that very, very well. everyone has to stop to take a deep breath, saying how will she handle the private insurance question. she said it twice. she had to walk it back twice. the walk-back didn't sound all that convincing. none of these candidates are perfect. there is no such thing as a perfect candidate. if we eat ourselves alive pointing out where people make missteps, there will be a lot of missteps. connell: right. >> people should be judged on
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totality of their campaign. connell: doesn't biden have to make ad joinsments? what is the your adjustments. for example on the school busing question, what is a better answer making his own adjustments. >> the better answer things were different 25 years ago. there is nothing to be gained going back 25, 30, 35 years. judge me what i'm talking about today. understand the fact that barack obama knew all these things. he could have selected any democrat in the country for vice president. he selected me. connell: as opposed to relitigating it. governor, good to see you as always. governor rendell. melissa has more news. melissa: world cup update for you. france just scoring but we're still up 2-1. connell: ten minutes lefts is being like that. white house considering making changes to the capital gains tax.
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hillary vaughn joins us from the white house with late-breaking details. reporter: connell, the capital gains taxes could be next on the chopping block. the white house finds ways to work around congressional gridlock. officials are looking at an executive order would cut taxes by indexing capital gains to inflation. they are on a tight deadline because reportedly white house officials want the tax cut to move forward soon so that it benefits hit before the 2020 election but the vice president's chief of staff is tempering expectation. mark short telling me supports indexing capital gains to inflation but the conversations are still quote, in the infant stages. he has not addressed this specifically with the president, indexing capital gains would slash tax bills for investors when they sell stock or real estate, readjusting original purchase price, no taxes paid on appreciation tied to inflation. critics say it mostly benefits the 1% t could push investors to sell. a lot of those critics work on
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capitol hill. in 19992 democrats on the hill voted in favor of cutting taxes on inflation 27 years ago. congressman chuck schumer stood on the house floor and said this. >> if we really want to increase growth, there are proposals that we can do. i would be for indexing all capital gains and savings and borrowing. and that indeed would shift the balance in this country away from too much consumption, too much borrowing, and towards more savings and investment over the long run. reporter: schumer was in good company. nancy pelosi and bernie sanders also voted in favor of the tax package that included amendment that would tie capital gains to inflation. connell. connell: to your point. could be a big 2020 issue. we'll follow it. melissa: like the video. history on capitol hill. the senate breaking a record today for holding the longest roll call in history, leaving voting opening for more than 10
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hours. lawmakers failing to approve a resolution requiring congressional approval for military intervention in iran. voting began at 5:00 a.m. this morning. ended just after 3:00 p.m. connell: all right. the record books. meantime a show of hands at the second democratic debate last night. all-in issue for crowded 2020 field. why critics are sounding the alarm on the party's potential shift even further to the left. portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management.
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>> raise your hand if your government plan would provide coverage for undocumented immigrants. [cheers and applause] okay. melissa: 2020 democrats making what some are calling an outrageous claim last night supporting health care for undocumented immigrants. the "new york post" cover today running with the now vile moment, writing quote, who wants to lose the election? you see everybody with their hand raised. get it? joining me to discuss, ford o'connell, pacific forum pack chairman, christy setzer new heights communication president. ford, do you agree with the "new york post"? do you think that will hurt those folks? >> donald trump was a big winner last night because of this tone deaf stance. what the 2020 democrats are saying illegal immigrants come
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first on the taxpayer's dime, certainly before the american citizens and working class. they handed donald trump an anvil on key issue. it is very hard for democrats to say we're fighting for middle class, when you're more concerned about protecting illegal immigrants than protecting middle class. melissa: what do you think? that is ridiculous. an issue democrats will have to explain, not obvious why this would be a stance, to people outside of democratic primary. they can do so pretty easily. it is not helpful to anybody 11 million people living and working here not accessing health care. which the population of undocumented people for the most part really does not. they do it significantly less than people who are citizens. >> but christie -- melissa: do you worry about the idea that become as draw? that you have more people risking their lives to get here for more government health care? >> no, absolutely not. people who are trying to come here are trying to come here because they are risking their
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lives anyway to leave a place that is absolutely, dangerous and terrible. they're not coming here for health care. that is crazy. >> you want to decriminalize border crossings. you don't want to deport anyone. >> that is correct. >> you don't want to build a wall. >> put them in cages. melissa: one at a time, nobody can hear. >> put people in cage. >> it is not about cages. >> cons trains camps. melissa: hang on. if you increase incentive for people to come here, people christie says they won't come for health care. some are coming because the rule of law is broken down where they are, they don't feel safe. it would make sense to risk your life. some are coming here for economic reasons. if you're coming here for a better life and a job, and then also free health care, that is not something that you would want to risk your life for. it is not an emergency. it is like a want. >> that's right. melissa: no, christie, you shouldn't be agreeing with me.
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>> i am. melissa: piling on free health care you incent more things like that horrible picture we saw this week of that man and his daughter trying to get to america. >> absolutely. look there has been 7,000 deaths like that since 2001. there have been several under the obama-biden administration. but you are, when you are giving away benefits to non-american citizens, you're incentivizing people. understand when it comes to travel, there is 150 million people around the globe who would like to come to the united states. that is half the population of russia. when you throw in free health care for illegal immigrants? that is guess what, a more incentive risk their necks. melissa: people want to ask about this. president trump being criticized for his tone with the tense moment with russian president vladmir putin. watch this. >> tell president putin -- [inaudible] melissa: christie, i sort of feel like whether he had leaned
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over and punched vladmir putin in the nose, given him a kiss or said that, he would have been criticized for anything he does, out there silently. he would have been criticized. what is the scenario where you would not have criticized him? >> a scenario which russia didn't intier fear with our elections, donald trump had anything to say i would welcome their help which is what he said. he said i would absolutely foreign interference and foreign help. >> that is not true. >> so you know, i don't know i think that would be a situation. >> christie there is nothing that trump could have said or done would have prevented you from criticizing. look at actions. hold on. melissa: guys. one at a time. go ahead, ford. >> slapped more than 100 sanctions on russia. given 380 million to the states to protect election system. give hen 300 million to the fbi
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to. melissa: christie, your turn go. >> here are the facts. the facts as we all know, all of our intelligence agencies russia interfered in our election for run reason they wanted install up donald trump as president. >> why didn't bam bam do anything. >> every single time he was on the stage with putin as last year on world say, opportunity to say putin doesn't hack elections or anything like that, he decided to take putin's word. melissa: you're listening to sound bites. he said that at the beginning. you missed the sound bite. we have to go. all done. thank you. go ahead. connell: a judge setting a trial date of august 4th for disgraced theranos founder elizabeth holmes. charged with lying to patients and lying to investors that trial is supposed to last three months. melissa: wow. that will be fascinating.
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connell: you're all over that. yep. melissa: the hottest taco in town. this is my favorite story of the day. taco bell offering one-of-a-kind experience to the loyal fans, but it won't come easy. get it? see what we did there. details next. officially too hot to hit the road. how the draws heat wave impacting residents across the u.s. and europe. that is coming up. ♪ portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity.
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you need decision tech. you're smart,eat you already knew that. but it's also great for finding the perfect used car. you'll see what a fair price is and you can connect with a truecar certified dealer. now you're even smarter. this is truecar. a cockroach can survive heresubmerged ttle guy. underwater for 30 minutes. wow. yeah. not getting in today. terminix. defenders of home.
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why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. it was funny because when we would call another insurance company, hey would say "oh we can't beat usaa" we're the webber family. >> it is a workup one. the united states just bringin g france. >> very nice. england in the semi finals. sweltering temperatures overseas. a big story, some areas and friends at 114 degrees fahrenheit. meteorologist i hot air drowning from northern africa is responsible for that. the severe weather forcing schools to close, residents to
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cool off and multiple groundings have been reported as well. that he is causing people to take risks. when we see relief, let's talk about it, we are joined with the heatwave over there and buy here >> we are dealing with it here. we have a big dome of high pressure. we will talk about this quickly. we will see stores on the northern side, as far north as bismarck. temperatures of 94 degrees, 92 in st. louis, 93 in minneapolis, a couple of thunderstorms on the northern edge of his high pressure. take a look at how much of the country is going to be dealing with a real deal temperature. 100 - 110 degrees and as you mentioned, it has been horrible in france as far as the seat.
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in southeastern france and do record, 114 degrees. that is an all-time high record there. we also saw a june high record at 102 degrees fahrenheit, germany 101 and pulling at 100 degrees. june high record there. this weekend we will continue to see the heat with temperatures writing ten to 25 degrees fahrenheit above normal. >> crazy numbers. >> the talk of the town, you will get it in a second period it is sold out, all available rooms at taco bell pop-up hotel selling out in two minutes according to the mexican food chain. guess who is lucky enough to score a room can experience wall-to-wall taco bell artwork. a special talk about breakfast and can float on a giant taco in the pool. the hotel is to brew the opening
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and palm springs and california for four days in august. i tried to get in but i didn't get it. >> have a great weekend. both the bears starts right now. >> all eyes on japan where in a few hours president trump and president xi will meet for the much-anticipated trade deal talk. we will have a live report from the g20 summit in just a few minutes. appear first,. >> raise your hand every government would provide coverage for undocumented immigrants. [cheering] >> you see that, all ten of the 2020 democrats on the debate stage last night raising their hands as a support for healthcare coverage for undocumented immigrants in the president wasting no time to respond. this is "bu
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