traffic again. >> cook some burgers. stuart: not fake meat either. by the way we're out of time. ashley, deirdre, great stuff. rocco, glad you made it. neil, it is yours. neil: thank you, stuart. stocks are sliding not only on mixed earnings front but fears we're not making any progress on the china trading frond. renewed threats right now to ban huawei for selling u.s. patents, directly, indirectly doing business with u.s. entities? getting nasty again. more cord-cutting. netflix saying streaming issues are just beginning. it is not just a matter of subscribers. it could be a matter of whole cord-cutting thing. speaker nancy pelosi set to meet with alexandria ocasio-cortez in the next hour. former speaker john boehner and congressman who cortez unseated,

joe crowley will be here. a new bill is sparking concerns all anew about trade with china, whether we'll even see a deal anytime soon. edward? reporter: the bill announced by senator rube rob in order to stop -- marco rubio stopping people from selling to companies on the entity list. that is a big, big issue for the china trade talks. it's a sticking point. the chinese would like to see huawei removed from the entity list all together. they won't budge in the trade talks unless that happens. enormous pressure by the u.s. intelligence agencies as well as here on capitol hill to keep huawei on that list. in addition to the bill being submitted here is senator mitch mcconnell in an exclusive interview on "mornings with maria." >> huawei represents a national security risk and i don't think we ought to do anything to make it easier for them to operate and do business here in america. or in europe for that matter.

we're talking to them about it as well. reporter: trade teams will have a second phone conversation later on today, according to treasury secretary steve mnuchin. secretary mnuchin and trade representative robert lighthizer will discuss exactly how to go forward with china. chinese commerce minister says china must stand firm defending their interests. mnuchin says assuming there is progress he anticipates going to beijing to have the next round of face-to-face talks. members of the u.s. trade team are saying for past week or so, they would like the chinese to buy agriculture from the night while china's commerce minister met with counterparts in russia. they agreed to increase exports from soybeans from russia to china? probably replacing exports not being made between the u.s. and china. this is getting very interesting, neil. the chinese seem to be digging in. neil: edward, is there any possibility this whole thing

gets derailed as a result? >> that is a big issue here. the chinese don't seem willing to go forward unless huawei is removed from the entity list. the u.s. says it needs to be on the list for national security reasons of the then you have a whole bunch of other issues. the chinese removed concessions the president says were in the trade agreement they already agreed to. they're not putting concessions in. they're trying to work it all out, the question, does it come before or after the 2020 election? the chinese are hearing grumblings. waiting to see what happens after the elections. neil: thank you, my friend. hot and bothered to just hot. a massive heat waive extending across pretty much 2/3 of the country. straining power utilities across the country. accuweather meteorologist on all of that. what are we looking at here? >> neil, it is hot.

the only word i can describe it. we're seeing heat advisories and excess seven heat warnings and advisories into the midwest from the northeast. as we continue to be important to stay hydrated not for days but days to come. in chicago with 90s. even today chicago will still be sweltering. high pressure ridge will continue to fuel heat and humidity. that is what we're seeing across the northeast. it is forecast to be 105. that is only for today. we'll see temperatures rise. dewpoint, measuring them out moisture in the atmosphere. that is excessive in philadelphia. 74 in new york. it will feel very muggy and really uncomfortable. we'll feel intense heat tomorrow through sunday. we'll talk about record challenging temperatures for philadelphia. record on friday will be at 100 degrees, forecasting 97.

we may not break it. we're definitely coming close. and sweltering temperatures for the nation's capitol reaching into the 110-degree zone. when it gets that hot, stay hydrated, limit outdoor activity. that will be very dangerous, life-threatening. with that being said you definitely keep in mind into new york city you do have options here. you can stay cool. there are cooling centers across the region for today. the new york city mayor put in a heat emergency through sunday. with that being said, you definitely want to take advantage of that. it will not be the type of weather where you can just open up the windows. the heat wave continues through sunday. into the upcoming week, we'll look at better chance of a cool-down with a front presses in from the north. there will be relief. won't see that in the northeast until at least monday or tuesday. neil? neil: you had to say that right, till monday or tuesday. thank you very, very much.

jackie deangelis in times square with a look at companies, sectors that could benefit from this. jackie? reporter: good afternoon, to you, neil. while safety is first and foremost when a heat wave comes across the country there are certainly seasonal opportunity that can boost business. let's talk about air conditioners, generators, dehumidifiers, fans, these electronics you find at home depot, lowe's, walmart, hardware shop. these products will fly off the shelves for people living without air-conditioning. it will be difficult to beat the extreme temperatures. if you live in the suburbs, what about your lawn care? the heat encourages grass growth. at the same time if you don't water the line, the heat could dry it out and kill it. sod, seed, watering needs, lawn maintenance, all that stuff will see a boom as a result of this.

then of course anything related to pools. cleaning services, equipment, chemicals. all of that stuff. one way certainly to try to pete the heat, take a dip in the swimming pool to be refreshed. if you don't have a pool, go to a public pool, kiddie pool, slip 'n slides all the kinds of things flying off shelves. all the air conditioners will not help you if you have a utility power outage like we did in new york city last weekend, but you can stock up on ice. keep it in a cooler just in case. those frozen treats as well. neil, it will be a rough weekend for most folks. preparation early on is always a good key. neil: just for saying that i will have you come in live on saturday to report on all of that. great job as always, jackie. reporter: thanks. neil: utilities are bracing, some are telegraphing with rolling brownouts, blackouts as we experienced in new york a week ago. to phil flynn if the higher

demand could make matters worse. hi, phil. >> it could be record breaking in many other cities. more apartment generations to keep apartments cool. it will really stretch the power grid. if you're a utility you're on pins and needles right now, whether you can keep the lights on. we're hearing reports that extreme heat is already causing some power outages places like staten island today. it will not just be new york. it will be across the country. chicago, washington, d.c., detroit, are all worried about the lights staying on. this is a big deal. not only is it a power issue, it is a, it is a health issue. obviously in the heat when the power is off it puts lives at risk so it is very, very important. infrastructure spending, the big topic of course when we see these kinds of pressures on the system. we're hearing from both democrats and republicans.

it is time to spend more money on power grid. we know we're at the break. good news about this story, even with the record demand and all the heat, what do you think is happening to the price of the inputs for natural gas even though we're seeing the heat because of u.s. energy industry and record production? the cost of natural gas going into utilities is at a 20-year low. so even with the heat, even though you're going to feel it when you sweat, you will not sweat as much when you open up the bill because prices, despite the fact we're seeing record demand, prices are staying very low. neil: phil, thank you very, very much. phil flynn. we were just speaking here. getting word out of the house of representatives they did as expected vote to raise the federal minimum wayne to 15 bucks an hour by october 2025. they will do this in stages. that does not make it fait accompli though.

in the senate we have indications senator mitch mcconnell might not introduce legislation to put it up for a vote. it could be a dead end. the federal minimum wage might be a moot point since so many are at or near the level. big victory democrats who wanted to make this a signature issue in the 2020 campaign. started in the house. along party-line vote at the got what they wanted, 15 bucks by october 2025. we'll have more after this. how do you gauge the greatness of an suv?

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or reschedule an appointment, even on nights and weekends. today's xfinity service. simple. easy. awesome. i'd rather not. neil: iranian forces seizing oil tanker apparently match as lot of specs of united arab emirates. it could be the case. the country is accusing those on

the tanker smuggling oil, they would not have it. we have not gotten a foreign market response to all of this. oil has been whipsawed by the latest developments. we'll keep you posted what if anything we do in response, since this is the united arab emirates, what they are doing in response. a softer global economy, signs things are slipping fast in china. sort of overriding some other concerns right now. oil prices down a buck, almost 3%. that was sort of baked into the case before we got the news. a house impeachment vote essentially blocked. what happens now. 90 did go to impeach the president of the united states. fox news senior capitol hill producer chad pergram, what could happen next. what do you think, chad? >> this is one or two steps away from straight up-or-down vote on impeachment. some members will say i was voting not to set this aside but i'm not really for impeachment. but not having direct vote it

gives some members wiggle room. 70 or so democrats on the record for impeachment, that number was higher, that says a lot. this is the first metric understand where democrats stand on impeachment since the release of the mueller report. robert mueller testifies before two house committees next wednesday. keep in mind, even though there were 95 members voted against blocking impeachment inquest by al green, democratic congressman, they are nowhere near having votes for impeachment. i talked to him last night. he said was he used by the president. he said no, i don't think so. he is falling into the president's hands. he says no. the president will be impeached. what is happening a schism between moderate democrats and liberal democrats like green. we have the issue with the "squad." a lot of remarks in the president's speech directed

towards "the squad." i spoke with alexandria ocasio-cortez, there are concerns from "the squad" and other democratic members are flaming people to commit acts of violence against them. here is what ocasio-cortez, maybe not just them but also persons of color. people will be targeted because of this rhetoric. quote, this isn't politics. this is racism. this is fascistic government, close quote, neil. neil: thank you my friend, chad pergram. senate majority leader mitch mcconnell is standing by the president on these related matters. take a look. >> i was there when martin luther king, jr. gave that "i have a dream" speech. i was there as a observer when president johnson signed the voting rights act. look, i have nothing to apologize on this front. we ought to tone the rhetoric down across the country, using, throwing around words like racism, kind of routinely applying to almost everything. let's talk about the issues.

neil: former dnc chair, former democratic governor of pennsylvania, ed rendell. governor, very good to have you. how are you doing? >> i'm doing fine, neil. nice to be with you. neil: same here. the point is the tone has gotten even nastier. i wonder if the two sides can get back to getting stuff done, what do you think? >> well they better, like you know, infrastructure has been a big issue for me throughout my public career. the american infrastructure is literally crumbling. we can't put it off until 2 1/2 years from now. we have to do something this fall about our infrastructure. so we can't let meese problems get put on hold for 2 1/2 years. so someone has to grab the reins and say look, we're going to have to do this. we'll have to put aside, we can fight six hours a day. we've got to work eight hours a day. just get it done. try to forget about this. one thing i think president clinton deserves tremendous

credit for is after the gingrich congress voted to impeach him, he still worked with them on issues. they got a lot done including welfare reform, very important. so we've got to get back to that, maybe, call it come part mentallization. we have to get back to that. the problems of this country can't be put on hold until after the 2020 election. neil: this measure to repudiate the president for words he used, nancy pelosi described them, governor, the word is racist, even though she tried to stress he was not a racist. do you agree with that? >> well, you know, if it walks like a duck and talks like a duck it's a duck and donald trump has been, since he became president has said many things that have clear racial implications. maybe he doesn't understand they do but they do. when you tell somebody, i don't

care if you're jewish, german, african-american, when you say go back where you came from, that has a clear message to you that is racially-tinged. neil: do you worry, governor, this was something alexandria ocasio-cortez had alleged of speaker herself? i guess what i'm getting at, whether that term racist is thrown around loosely, maybe too much so? >> well, it may be but i think the president has had four or five different incidents which have to lead to the logic conclusion he is either a racist or he is deliberately saying racially-motivated things. neil: when you look at the economy, because the president's people come back, governor, say, if i'm a racist i have a funny way of showing it. black unemployment is the lowest in history. biggest inroad have been made by minorities in my administration. if i'm slighting a people, i have a funny way of showing it, what do you say? >> well i think that is sort of

ludicrous. i mean how many african-americans are in the cabinet? one. how many latino americans are in the cabinet? one. neil: wouldn't it be far more meaningful to have people, latinos, blacks who are advancing in society than filling up cabinet room? >> no, no, of course your selections for the cabinet give a little indicia of your mind-set. that is number one. number two, i mean the president calling african-american countries predominantly african-americans. s-holes. he said in charlottesville, three strikes you're out. he had more than three strikes, he had more than couple foul tips. i think he should be out. neil: who represent the party governor, folks like alexandria ocasio-cortez or nancy pelosi? >> no, but i wouldn't put it in

racial terms. i think the progressive wing, media says the democratic party gone over lock, stock and barrel to progressives. you know, neil, you see the polls. the polls doesn't indicate that. 70% of democrats are moderate, left of center. they are not way out on the wing. if that were the case joe biden would not lead in the polls even after not very good debate performance he is leading the awbc "wall street journal" poll leading by 10 points. they are not represented by aoc or -- neil: they are endorsing their views. that worries tom friedman like "the new york times," they will grab defeat from the jaws of victory. >> well, i agree that is a possibility but look at joe biden and senator bennet and senator klobuchar. those are people who rejected getting rid of private health insurance. those are people who rejected free college for everyone. it is just not workable.

so, no, the democratic party is not represented by the four people in question but that in no way, shape or form excuses donald trump. neil: governor ren dell, always a pleasure. thanks. been a long time. governor rendell. we were talking about alexandria ocasio-cortez, the guy she beat, former power broker in the democratic party, joe crowley will join me with john boehner. you won't believe what they're up to, what they are joining forces to stop. they are nervous about bitterness, accusations and how that is getting in the way of getting something done and fast or more than a million workers can kiss their retirement good-bye. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade.

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neil: all right. netflix stock is tumbling right now seems like a lot of their subscribers are just wondering, susan li, what this portends for all the streamers and this whole

cord-cutting phenomenon? >> it was a big miss for the second quarter. not unusual for netflix because they have missed second quarter subscriber growth numbers three of the last four times since 2016. neil: second quarter? is there a mom my are? >> might a anomaly. in a pricing cycle, when the hikes go into effect in the may billing cycle. that happened in 2011, last time they lost subscribers. when you hike prices subscribers go down. you saw that for the first time in eight years that the u.s. lost netflix subscribers, 126,000 were lost. neil: wow. >> they were talking about 300,000 subscriber growth in those three months, right? it is kind of unusual. for the misstep when it comes to guidance. we'll talk about that in just a bit. it is still international. still the big growth market t came into half of the numbers expected for the second quarter, right? they were looking for five million subscribers numbers. they got 2.7. most of that is still

international. neil: right. >> what i found really, really strange they were keeping their guidance for third quarter, this quarter we're in, still looking for seven million subscribers adds. that is an 800,000 increase they say in the quarter. why? because they think more compelling content to come including "stranger things," the third season that debuted. neil: but what about series? >> addressing the earnings call as well. reed hastings says if you look at it, it is single-digit percentage of the total amount of minutes watched on netflix. still if you think about it, you're losing eyeballs especially with increasing competition from the likes of disney, at&t, warner media. this is a saturated market that will only get more saturated especially when -- neil: it is a little disingenuous, saying we're glad they're gone. the costs were, you were paying through the nose to get them. >> the stock is seeing the worst day in three years. it is interesting a year ago,

when they hit the record high, above $400. will we get back up there? some say look, you have to buy or build compelling content for people to watch. i was thinking about this. when was last time you watched a series on netflix? nothing compels me to turn on netflix these days, to be honest. neil: a lot of people come to realization, cutting cord, if you have all of services, hulu, netflix, you're paying more than you did before. >> right. there has been talk maybe they will have an ad-sported streams service on netflix, or platform. they say no, we don't have plans for that. but would imagine if you're losing subscribers more competition comes op line. cheaper options that are ad- supported they might get into the same game. neil: does anyone read a book? >> you could. or kindle. not paper. neil: thank you very much, susan li. we're keeping a close eye on the political fallout of president's big speech in north carolina.

he will not let go of this attack on these progressive congresswoman. it is that blow-back now is not easing up, at all. >> send her back! is where people first gathered to form the stock exchangeee, which brought people together to invest in all the things that move us forward. every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪

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hillary? reporter: they want to improve the conditions that children and migrants are being detained because congress needs to cough up the crash. he said the supplemental bill does not give i.c.e. anymore money for beds. >> is it true that zero dollars are included in the supplemental passed for i.c.e., single or detention and family unit. >> right. >> is that part of the problem? >> it is. >> was that purposeful by the democratic colleagues? >> i assume they didn't want to fund i.c.e. beds of the trying to tell but the impact it has on adult on border. reporter: congresswoman jackie spear pictures of migrant comparing cells they're being detained in as cages for animals. >> this would not be allowed as a kennel for dogs. we don't treat human beings like that. >> can i respond to those comment? first on the conditions, there

is no one in this room that is warned more often or more stridently about the overcrowding and conditions in our facilities than i have. i'm very concerned about them. i've been asking congress for help. we did not get money for single adult beds that would allows us to move adults out of custody. reporter: they are in a bree recess. we're expecting intense q&a from "the squad," congresswoman alexandria ocasio-cortez, ayanna pressley, and rashida tlaib. they were brought to tears last week in front of the committee when they explained what they saw first-hand at the border. neil? neil: hillary, very much, by and large republicans are standing behind the president on this. senator john thune tells me hopes the president eases up. do you agree? >> i think that the, as i said before, i wish the president would spend less time on twitter but i do think that either there is plenty of talk about. the issues he raised are

legitimate differences. the ideas being advocated by certain members of the house are some of them are crazy ideas. they are socialist ideas. neil: "politico" white house correspondent gabby orr on all this. he picked up gabby, picked up republican support, lost a little democratic independent support, seems to cabinet net wash. what do you make of that? >> campaign officials tell me really the only good thing come out of the past 48, 72 hours, that the president elevated "the squad," these four progressive women who essentially have become the face of the democratic party. he made it about his nationalist populism, patriotic message versus their radical progressism. the problem, when you look what happened last night at rally, you heard people chant, sender back, if this continue toss be ethnicity of members of congress or perceived racist message the

president tweeted out, that will help him with types of voters his campaign is specifically hoping to bring into the fold. neil: when i look at this back and forth, reminded of something former pennsylvania governor ed rendell they hope they can get stuff done at the same time. i don't know about that. what are you hearing? >> the president continues to say he wants democrats to focus on legislating. he continues to work with them. his treasury secretary is currently involved in budget negotiations with house speaker nancy pelosi. at the same time you make a great point. does the president really want house democrat to not only have policies they can run on in 2020, but is he supportive of the types of poll is they would enact if they did move forward on legislating? so far they haven't done much in the house. they of course have a big package coming up on the minimum

wage there. is very little attention paid to that. this is not something the administration embraced. i would imagine many policies not only the squad, even moderate democrats would support would not be embraced by this administration. neil: we're getting signs from mitch mcconnell, talking to maria bartiromo, he is not interested in bringing it up, that is the minimum wayne thing the house passed pretty much along party lines to hike it to $15 by the year 2025, it is not going anywhere. because it is not going anywhere in the senate, doesn't go anywhere period. what's fallout? >> the cbo scored this bill. of course while it would boost wages for a certain amount of american workers it would also create a massive net job loss for american workers, specifically middle-class americans and blue-collar americans. those are specifically the voters that this president is trying to target heading into 2020. many of whom make up his base. so i don't think we'll see any positive messaging on this democratic-backed bill by the

white house. i expected that the president is probably just going to remain silent on it. neil: we shall see. it is always a pleasure. gabby appreciate it. >> thanks, neil. neil: could we face another housing meltdown? how about a slow-down? does any have to do with china or what's going on in london? yeah, london. i will explain, something is going on there that is identical to what happens 10 years ago. after this. ♪

neil: budweiserer inbev is talking about sale of assets. look to putting itself up for sale the whole kit and kaboodle

or selling it in parts. we'll see. berkeley want to become the first city in america to ban natural gas in all new homes. they say it isn't a very efficient or clean fuel. many would argue that it is that. whether that is sign of other cities or municipalities following, anyone's guess. housing issues are beginning a be a worry right now. london home prices are down, over the last few months at a double-digit rate. the reason why we mentioned that, it is the same weird phenomenon that is unfolding before the housing crisis here. so obviously it begs the question could same thing happen all over again. read from national housing conference ceo david york kin. a lot of people seized on this, this is little bit of deja vu. we should be worried? >> i think not, neil. what we're seeing in high value markets like london, new york, san francisco is really different than most of the rest

of the country. so when we look at housing prices coming down, they're coming off of ridiculous highs. and in areas around san francisco, new york or london, the housing is unaffordable to nearly everybody. so that is the past reason that prices are coming down. it is also, we have a lot more people buying, excuse me, renting in these communities because it is so hard to buy. and so homeownership has an impact on rental. as long as the homeownership is too low, we're going to see that pressure in the rental markets. neil: just wondering what it might portend, even if it isn't a meltdown a decade ago. is it something it would be a sloshing around? i say that based largely on anecdotal evidence, for sale signs continue to linger outside of homes, at almost all price point. what is going on?

>> so part of the problem hard to get financing for mortgages that are smaller? neil: right. >> first-time home buyers are really struggling. if you don't have support from what is basically multigenerational wealth, because the daddy down payment loan, you're pretty much out of luck. one in four first-time home buyers were getting loans or exists from other family. so the ability to actually save and afford a home of your own is very hard. this puts pressure on the rental market. it is also, a factor is the amount of investor purchases in many communities around the country. when investors, whether foreign investors or domestic, are buying up single family homes for rental, then you end up having a much tougher market to compete in if you're a first-time homebuyer. you have to get a mortgage. they're coming in with cash. not much of a choice for the seller. neil: you know i am surprised david, all of that

notwithstanding interest rates are so, so low, job market so, so strong, you would think that loan would be offsetting a lot of this stuff? >> you would think that. it is normally the case but we're building so much less housing than we need, when you look at for instance, single family construction, when you look at new households formation, just normal obsolescence, we're building a quarter of a million unit less than we need just to break even every year. if you look at historic rates of home building, it is half a million a year. so that is an enormous amount of pressure that ends up put on rental markets. it has disruptive effect on single family markets, 50 basis point in interest rates just is not going to make up. neil: say rates go still lower, that is a distinct possibility if the fed starts cutting, will that make a difference? is there an inflection point

where you see a clear effect. >> like if you had twice as much money, there is nothing in the store, you're not going to buy anymore. i think part of the problem is supply, that is really not going to have an impact. we'll see if rates go lower, more refinancing which is good, if people are able to cut their housing costs, they will put more money into the economy. it is not going to address the amount of homes we need to build, the amount of affordable rental unit we need to create? neil: we shall see, thank you very much. david, good seeing you again? >> thanks for having me. neil: now what happens in the race, if you get howard schultz might be dipping its toes back in, that would make two billionaire sort of feeling their way around. then what? after this. hey! i'm bill slowsky jr.,

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neil: howard schultz is making waves again, maybe will jump into the 2020 race. he kind of stepped back, he might be sort of dipping his toes back in. charlie gasparino whether the former starbucks ceo does do that. what do you think? >> i mean i can't tell you he is going in. people close to them are telling me is still weighing a run. he has not totally dropped out. it is interesting, you know, they, they emphatically say he hasn't dropped out, he is watching what is going on in the democratic party. some of it gives him hope. the fact the party has turned very far left. the animating issues in the -- neil: he said that, he had thought it was joe biden's race to lose, he likes biden, mo rating approach. he was going to step back. >> he didn't think he could win if biden was in there. he sees two sides. one side is positive for the run. one side is negative. the positive for the runs he

looked at the last debate, the animating issues was busing, identity politics, huge taxes, big government, beading up on joe biden he believed 30 years ago a lot of mainstream african-american and white politicians were against federally mandated busing by the way. probably schultz is too. the negative biden still polls very high, just so you know. he is still leading in most polls. if the primaries are held today, biden might win, literally might win the first bunch of state, iowa, new hampshire, virginia, south carolina, he could win all the states. so that is a problem for him. that is where he is right now. i guess the real question is, when is he going to make is had mind up? no one will be in or out. according to the people i speak with still unclear. he still hasn't, got to make up his mind at some point. at some point, not just, i know he is rich. worth 3 billion, something along

those lines. you need to establish some sort of a infrastructure, you know has a loose infrastructure. he has people on payrolls, advisors, some, some pr people, he doesn't have the sort of infrastructure really to mount a serious -- neil: michael bloomberg when he ran for mayor he did, right. >> absolutely. neil: you have to have that all made down. >> he doesn't have that yet. at some point it has got to be soon, they tell me. unless they think he has some like hail mary thing. this is what know one really knows. it could be good to get him on and ask him? he is hail mary candidate if the democratic party erupts in insanity, see joe biden, but insurrection of the aoc types to try to get rid of him even though he won, if it breaks down into something along the lines of what happened in chicago in -- neil: '68, really? >> does though in his hat then

or does he lay back? because bobby kennedy was almost there, right? wasn't he just about on the edge? neil: after winning california primary, that was the thinking. he was down a lot in delegates at time even with that. you don't know. >> sure. neil: the president engaged in the middle of this with the the north carolina rally, doubling down. >> i heard about that. neil: what did you make of that? even republicans john thune, who are we to second-guess the guy we didn't think would get elected president but this is hurting him getting reelected? >> it is interesting, when i spoke to political consultants is bad. he said something really xenophobic, go back to your country. that is an old sort of thing people used to say everybody, newcomers that same here. it is kind of not right. the secondary, as the dust settles, a lot of people i talked to say this, they say, these are political consultants,

been around for a while. okay he said something he is crass guy, he is blunt, he speaks before he thinks a lot of times, however, it is really smart for him to define the democratic party by these four progressives. because they're so far out there, they have said so many nasty thinks about the, about the united states, they have said so many disgraceful things about israel, they say some dumb things in the case of aoc, particularly on economics, if he can define whoever comes out of the democratic party by these four -- neil: money guys you talk to -- >> that is what they say, by the way. neil: do they get anxious of the president who has whether you want to give him credit or not, economy going for him, inroads, strong consumer, optimism of shoppers, what has been happening with the market, do they fear that mr. president, you're stomping on your own good message. >> some of them do but remember they always feared that.

they feared that in 2016. neil: right. >> they fear even worse, money guys, because most of these people are in finance and real estate. they care about the economy. what they really fear a democratic party committed to socialism and insanity of those four folks. neil: or at minimum, minimum, taking away very things they like. >> tax cuts. neil: regulation, tax cuts. >> even more than that. they would be able to stomach my belief is, biden, the old joe biden, even obama, he moved regulation in a bad direction according to them but they would be able to stomach that. they can't stomach the way the party is going now. it is so far left. it has no room for moderation. you know, if trump, if trump is brilliant at marketing. if he can literally signal to the country at that these four loony tunes are running the nation? think of it this way. people thought, nancy pelosi was

at war with them. and now she had to unite with them. didn't trump make a huge mistake. think about it this way, nancy pelosi has it unite with aoc. that is what she is doing. she is wrapping the banner of the democratic party around avowed socialists and super left progressives. he has united nancy pelosi who is literally -- neil: got in the middle of that though, when they were trashing each other. we don't know. >> two sides of the coin. yes he stopped political insurrection, civil war, but number two he now identifies with them. neil: it's a weird world. you're reporting on it. >> it's a weird, word world. >> we could talk for hours. a former speaker, congressman, if you think about it, aoc took down to many about the phenomenon. they're both working on something together. after this.

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neil: all right. a goodie for you. in just a few minutes we will have the former speaker john boehner joining us. joe crowley, he was the democratic leader alexandria ocasio-cortez took out in the 2018 election. they are both working together. that is the republican giant, the former democratic giant, to do something they say that is getting deterred and interrupted but all this nastiness and fighting and tweeting. they say if they don't move fast, they're afraid republicans and democrats are going to rue the day they failed to move. we will tell you all about that, and they will, in just a few minutes. meanwhile, the president is disavowing a certain chant at last night's north carolina rally. blake burman has more from the white house. hey, blake. reporter: we are, and hello to you, we are getting the first reaction from president trump from last night. the chants that broke out during that rally in north carolina of "send her back" when talking about the congresswoman from minnesota, the democrat ilhan omar. there is an event going on right

now at the white house. the cameras were brought in and the president was asked why he did not stop that chant, and he said according to the notes here from those who were inside the room, quote, i think i did, i started speaking very quickly. he then also added again, according to the notes, quote, i was not happy with it, i disagree with it. there have been calls from even many republicans on this day regarding those chants that it went too far. when you're talking about an american citizen and chants behind the president of the united states, them saying that just went too far. for example, congressman adam kinzinger of illinois said of the chants yesterday quote, the ugliness must end. congressman mark walker, republican, who was at that rally said the chants were quote, painful to our friends in the minority communities. so we are now getting the first reaction from the president. i will send it back to you here because i believe we are going to get those comments on camera

from the president here shortly. a disavowal from the president. neil: i watched a lot of that. i don't think he did what he said he did. i don't think he did anything to slow that talk or ease up. but we'll see his explanation. we've got the "wall street journal" at large host, danielle mcloughlin and michael goodwin, pulitzer prize winning columnist. the president is stepping back or trying to from these comments. you get juiced up from the crowd but did he go too far? >> in his original tweets that they should go back to their countries, yes, he did go too far. and i'm absolutely delighted to hear that these comments blake burman just reported. i think that's the right thing for the president of the united states to do. look, as i said to you yesterday, i agree with him on the substance of those four.

i think they really are anti-american to the core. nonetheless, as the president of the united states, you have to be careful in your language. so he went too far -- neil: you told the president that, right? he didn't care? >> no, he cares. i think he didn't understand really the historic baggage that "go back" resonates with a lot of americans, that it was said to african americans, to italians, to the irish. neil: you don't think he knew that? >> i don't know. i do believe that he did not have a racial bent and i'm happy to hear that he has moved away from that language. neil: all right. who am i to question the president of the united states. i don't remember anything last night where he was trying to dial that crowd back but his explanation was that i guess he did, and he spoke quickly to try to stop it. we can go back and forth on this. what i am wondering, obviously he's getting some advice and senator john thune was with me yesterday saying i wish he wouldn't do stuff like that

because it gets in the way of what was a lot of intramural fighting among democrats. >> there's nothing to coalesce democrats together like an attack on one of them. actually, i think what he did starting with that tweetstorm on sunday was to bring warring factions of the democratic party back together. i don't know how long that will last. there are still fundamental disagreements within that party. i think they are working on being a big tent. we will see if they can be effective at that. but this really is beyond the pale. i'm glad to see he walked this back. to your point, there's a long history of these kinds of things, irish americans, italian americans and the fundamental misunderstanding about this from the president is this country was built on dissent. neil: we will go to the white house shortly where he's trying to clarify these remarks in what they call a pool spray. but jerry, the impact of this. >> to danielle's point, if you bring the democratic party together in support of these four congresswomen, so that they become in some ways the face of the democratic party, that's good news for donald trump.

let's be really clear about this. there was polling this week, swing voters before this all blew up -- neil: it's made them the face of the democratic party. >> it will make them the face of the democratic party. make the democratic party defend those people. neil: they certainly rally around their cause. >> we agree that language is full of resonance, historical resonance. nobody wants to hear that language. i'm an immigrant myself. nobody wants to hear -- neil: you're an immigrant? [ speaking simultaneously ] >> nobody wants to hear that kind of language. but i don't, you know, again as michael says, on the substance what those people are saying, i think people do object when people who are immigrants, and there is a different level, a different standard i think rightly or wrongly, that people hold immigrants to when they come to a country. do i as an immigrant to this country come here and say my god, i'm going to tell you what's wrong with this country, everything's terrible about it, put it right. i love this country an think this country has given great

things to me and my family. i have great respect for it. that makes me feel a little bit cautious -- neil: very good. the country loves you. the president was commenting on this. this is from a few minutes ago at the white house. reporter: why didn't you ask them to stop saying it? >> number one, i think i did. i started speaking very quickly. it really was -- i disagree with it, by the way. but it was quite a chant and i felt a little bit badly about it but i will say this, i did and i started speaking very quickly, i started rather fast as you probably noticed. reporter: you're telling -- >> i would say i was not happy with it. i disagree with it but again, i didn't say that. they did. but i disagree with it. reporter: [ inaudible ]. >> well, i don't think if you examine it, i don't think you'll find that. but i disagree with it. anybody else? reporter: why didn't you

[ inaudible ]? >> because we had a date set and they wanted to change the date, and they wanted to do it in the form of an interview. i had agreed to make a speech. i would have loved to have made a speech to the naacp. we have as you know, record unemployment numbers, the lowest in the history of our country. we have the poverty numbers, it's a poverty scale and the african americans doing the best they've ever done in the history of our country which is something to be very proud of. i mean really proud of. i was going over the night before some of the numbers having to do with the african-american community. it's the best numbers we've ever had. i very much wanted to go but we had a date, the date got changed and unfortunately, they wanted to do it in the form of a question and answer. i think you were going to be possibly the person asking the questions. yeah. so maybe you could answer the question better than me. yes, go ahead. reporter: [ inaudible ]. >> no. i don't know anything about that

other than i have spoken to senator paul. and senator paul's somebody i have a very good relationship with. and i would listen to him but i didn't appoint him, no. when did this come up? reporter: yes yesterday or the day before. >> i respect senator paul. i would say iran is a much different country right now. when i took over, mike and i came into office, iran was the scourge of the world. they were doing 14 different sites of confliction. they were fighting and causing problems in yemen and syria and iraq and all over. it's a much different country right now. you look at what's happening, you look at them pulling back and they're not pulling back because they love us. they're pulling back because they don't have money. they're being hurt very badly by sanctions. i hope that doesn't happen for long because i hope they're able to straighten it out. it can happen very quickly. but if you look at the original president obama deal that was a disaster from many stand points

but almost, most importantly, because it was going to be ending very shortly. it's a very short-term deal. you can't have a short-term deal for a country. you need a hundred year deal. you don't need a short-term, in a few years, literally in a few years they would be on their way to a nuclear weapon. that's unacceptable. plus, they can't do ballistic missiles and the deal allows them to do ballistic missiles. we have to look at other sites. the best, the most important sites, we were not allowed to go in and look at. what kind of a deal is that? and other things. and many other things. so iran is not the same country, they have inflation now at 75%, they're having tremendous problems within the country, they're selling very little oil. we have an embargo. we have a stop on oil. even the european countries are now agreeing with me. you see they're coming over and they're coming over very strong. it's very sad what happened to iran. all we want to do is have a fair deal. the deal that was made was a bad deal. it was not approved by congress.

lot of problems with the deal that was made. and we can do something quickly or we can take our time. i'm in no rush. i'm in no rush. reporter: are you concerned [ inaudible ]? >> i have tremendous support and i wasn't happy with that message that they gave last night but that was a packed arena. we could have sold the arena, we could have sold ten of those arenas last night. there were tremendous numbers of people that couldn't get in. we had outside thousands and thousands of people and we had thousands and thousands of people that wanted to come and we said please don't come. it held 10,000 people. it was packed. we could have sold that arena ten times. there's tremendous support for the republican party. there's tremendous support for this team, the president, for the vice president. we have tremendous support. maybe like nobody's seen in a long time. this great energy. i say there's far more energy on the right than there is on the left.

i hear about the left, all i see is the left is fighting all over the place. i think we have far more support than they do and i think we have far more energy than they do. and we're going to have a very interesting election but i was not happy when i heard that chant. thank you, everybody. thank you very much, everybody. reporter: [ inaudible ]. >> you'd have to ask them. i would suggest, i was not happy with it but what i would suggest, you go there, go to north carolina, and you ask the people why did they say that. but that's what they said. reporter: what will happen if they try to do it again? >> well, i didn't like that they did it and i started speaking very quickly. i could have stood back -- excuse me. really? if you would have heard, there was a tremendous amount of noise and action and everything else. i started very quickly and i think you know that. reporter: [ inaudible ]. >> maybe you're giving me too much credit. you're used to giving me too much credit. thank you, everybody.

>> obama added more debt than any president put together. you're talking about a debt ceiling. president obama added $10 trillion during his eight years. he doubled the debt. he added more debt than every president, every single president put together. president obama doubled, more than doubled the debt. so we're talking about a debt ceiling. the previous president doubled the debt and that's what we get stuck with. that's the way it is, folks. thank you very much. >> thank you very much. thank you. neil: the debt comment the president just mentioned there, he is running at a pace much higher than barack obama. in other words, at the rate he

is going, he will exceed the $10 trillion amassed in red ink under barack obama, just getting that fact out there. that could change if they get some sort of spending restraint. neither party shows much ability to do that. you might say he was trying to explain as well comments made about ilhan omar, the minnesota progressive democratic congresswoman, part of this so-called squad. the crowd was chanting "send her back." the president was saying he spoke very quickly to interrupt their chants. we are not finding any evidence of that ourselves. perhaps that was his impression that he did want to get them to shut up about it but we don't recall him making any such effort last night. that's not to disparage the president, just saying the chants continued and he seemed to be playing along. but again, his goal today is to sort of dial that back, is seen by many to be a constructive development here. too soon to say. back with jerry, danielle, michael. michael, i do think whether he did or didn't do these things,

he is trying to recognize the impact folks like john thune and others have said you're hurting yourself saying this stuff, maybe not intentionally but back to the semblance of your column, which was these are remarks that went a little too far and this is his way of acknowledging that. >> sure. i was struck by how many times he walked it back in that little short snippet there. i disagree with that, i didn't like it, didn't like it. i think he clearly went out there, that was the intent, i believe, of this event was to tell the press that he didn't like the chants and that he effectively, you know, he's not repeating his own language. i think that's pretty clear. i think this is very good. i think it's a good sign. and it sort of gets the argument back to democrats versus republicans and as jerry said, it's the four being now the face of the democrats which is exactly what president trump wants and what many think he was trying to do by singling them

out that way. he has made -- they had to embrace them and now the party has won. >> if i can read quickly, there's a new poll that came out today and it's about the favorability of the four. i think some of these numbers are amazing. among the general public, they are unfavorable. highly unfavorable. but among democrats, aoc, 59-19, favorable to unfavorable. tlaib, 43-13. 44-15 for omar. neil: favorable versus unfavorable. >> 35-10 for pressley. so they are very popular among democrats which is exactly -- neil: which explains why presidential candidates tout a lot of their causes. >> right. we talked a little about five minutes ago, i'm not sure whether it's because they are actually standing up to the president or because the whole democratic party is backing their progressive ideas. i tend to think it's the former, that they are standing up to him and calling a spade, a spade. i do want to go back to what the president just said in the oval

office, and i don't think it's enough. i know i can't -- i think it's a kind of b.s. if he knew at the time, he knew what was going on and i think he loved it. i think this is just like the "lock her up" chants which worked so well for him with his base for the 2015-16 campaign. i think back to what john mccain did with president obama when there was disparagement against obama in 2008 in the campaign and he said no, ma'am, he's a citizen, he's a decent family man with whom i have fundamental disagreements. president trump could have done that. he did not do it. i call b.s. i call b.s. neil: i know what that stands for. jerry, where does all this go? >> look, i think again, i completely agree, i think he's having it both ways. he gets out there, we all saw it, he didn't look uncomfortable with the chants, he didn't move quickly to shut them down, he looked as though he was enjoying

himself and he could hear what was being shouted, they were chanting it loudly. he was enjoying it. then he comes out and gets condemned for that, but you know, he basks in the appreciation and the approval of his supporters and for all those people, i think there are a lot of people in this country who maybe, again, don't like all of the language but sympathize with the general principle and sentiment the president is putting forward that these people should kind of shut up about calling this a white supremacist nation because actually, we are a better nation than that. neil: we do throw that out loosely. calling people nazis, you know. >> then he comes out today and says oh, i didn't know what they were saying. so he wins plaudits from moderate republicans and from others and from the democrats but you know, he's got his message out there and succeeded in doing what he wanted to do. neil: understood. i was trying to get information on the debt and where we stand. about two and a half years into the trump administration, the debt is running at a pace of

about 35% faster, bigger, than it was at this point in the barack obama administration. >> by the way, if i may chip in, it's worth pointing out that the first year of the barack obama presidency took place during the deepest recession we've had in 75 years. whu when you get a huge increase in deficits because tax revenue drops dramatically. to be fair to obama, which i know not everybody these days on the republican party likes to be, that was -- they were facing incredibly difficult economic conditions. the first two years of the trump administration have been a period of reasonably solid economic growth and the deficit has been added to by a very, very large amount. neil: i liken it to telling people to eat a salad. i'm not going to try it so i don't think the president with this debt should be doing that. but that's just me. again, we have no party allegiances here. we avoid the red and blue thing and look green. a lot of green being thrown away on this administration and the prior administration. no different. in fact, at this rate, exceeding

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neil: we're in the middle of earnings season and so far most of the companies reporting are beating estimates, but that is narrowing a little right now. now you have concerns about china trade and real estate, whether they're bowing out, whether what's going on in london where prices have been tumbling as a sign of things to come. lot of worries weighing at the corner of wall brawned wheand b the dow is down about 76 points. gerri willis following it very well. what's the latest? gerri: hi, neil. i was starting to say good morning but we're past that. it's not as bad as it was, but stocks are lower on the worries you mentioned about trade talks between the u.s. and china, worries that they have stalled out. rumors crossing the trading floor last night that the two sides made no progress on items as simple as scheduling a face-to-face meeting. now, fears this morning about growth also sending oil prices lower.

traders also talking about the south korean interest rate cut, the first in three years. dow components leading the index lower. united health, boeing and disney. unh and boeing responsible for all of the index's losses. meanwhile, netflix down 11% after the company reported its subscriber growth is slowing. the street expected an additional five million sign-ups this quarter but only 2.7 million were reported in the company's earnings statement last night. it's notable that investors ignored the company's earnings per share beat, traders saying it's evidence of the anxiety in the marketplace. meanwhile, microsoft the only trillion dollar company right now, will report earnings after the bell. watch for $1.21 on the bottom line, revenues of $32.77 billion. those are the estimates. cloud revenue, a critical component, expected to jump 15%. watch after the bell for microsoft earnings. all the details then. back to you. neil: thank you very, very much.

in the meantime, we have a goodie for you. you don't see these two together often. the former house speaker john boehner and former new york congressman, democratic leader, joe crowley, they are both joining forces to do something that fighting parties these days in washington cannot, will not or just do not. they say let's bury the hatchet and get something done. after this. how do you gauge the greatness of an suv?

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[ inaudible ] >> -- vile rhetoric that put anyone like ilhan, anyone who believes in the rights of all people. >> i was not happy with it. i disagree with it. but again, i didn't say that, they did. but i disagree with it. neil: all right. that was the dust-up over the president's comments last night in north carolina where he singled out representative ilhan omar of minnesota. of course, she an immigrant from somalia and the "send her back"

chants that the president said he tried to slow and stop but did not succeed. obviously alexandria ocasio-cortez saying that he didn't do a very good job of that, saying that he has a lot of explaining to do. let's get the read on this still ill will between the parties from the former house speaker, john boehner, and the former new york congressman joe crowley. mr. crowley was taken out by alexandria ocasio-cortez in the primary. she was known as the giant slayer then. the former giant joins us now. welcome to both of you. very good to have both of you. i appreciate your taking the time. i would be remiss, congressman crowley, if you don't mind commenting on what alexandria ocasio-cortez just said. the president has been using the congresswomen and these three other progressives, so-called squad, to say they are the face of the democratic party. do you think they are? >> i think the base of the democratic party is very

diverse. that's not new at all. i think what's happening right now, neil, is a lot of this rhetoric is really covering the issues that really need to be addressed, covering over the issues that need to be addressed. that's why speaker boehner and i are here today to talk about a crisis we think is looming for the country and that is the multi-employer pension issue. these pensions are becoming insolvent. we have 15 already that have gone south, 13 on its way. we want the folks here in washington to understand that there are real issues like this that need to be addressed, and the bickering has to stop and getting to work, getting this issue solved for the american people is critical. neil: the fact both of you are sitting here today to address this, and talk about the pensions of more than 1.3 million retirees, that could be imperilled if not more if something isn't done, speaks to the urgency. congressman boehner, i'm always reminded of the fact that yeah, there's a lot of important work that needs to be done, but now here we are getting into

election year, where that looks very tough to get done. what do you think? >> well, it's tough to get anything done in washington, but when you've got ten million retirees whose pensions are on the line, congress knows that this issue is important, they know that these multi-employer pension plans are woefully underfunded, and the job joe and i have taken on is to try to elevate the seriousness of this problem, and congress really does, in fact, need to act. they've tried to act in the past, but with insufficient tools for these plans to solve these problems. as joe said, we've lost 15 plans. there's another 25 plans that are on the brink and many of these plans were already cutting benefits to their retirees, trying to find some way to survive. so it's time for congress to act and we're here to really talk about how serious the problem

is. neil: you're both right. you look at the math on this, it does not look good. obviously, the pension fund guarantee corporation that insures a lot of these plans in a best case scenario is on the brink itself and may only be able to pay pennies on the dollar. speaker, i do want to address this, joe, to you as well but first to you, speaker, i'm wondering if the two parties are so far apart and pinned to their extremes that they can't see the type of cooperation that you two are illustrating now. i remember it was about a year ago, speaker, that you had said there is no republican party, there is a trump party. the republican party is taking a nap somewhere. you still think that's the case? >> listen, there's no question that our politics are a little strained at the moment and they have been strained here over the last couple of years. but we have seen congress come together and deal with other important issues. it looks pretty clear to me that they are going to be dealing with an issue in terms of raising the spending caps, doing something about the debt

ceiling. i think they can, in fact, come together and this is not a partisan issue. these ten million members of these multi-employer plans live in democrat districts, republican districts, independent districts so it's not a partisan nature to this issue. it's just a matter of trying to find a common ground to help these plans provide the benefits that have been promised to these workers. >> if i could just add to that, it's not just about these retirees. the impact that this could potentially have on the economy of our country is enormous as well. a blow to our economy that will mean a lot in terms of loss to the revenue of our country and to jobs in our country if this isn't addressed, because this can potentially leach into other pension plans. that's why the speaker and i are speaking out so vociferously right now. in my home state, my old district back in queens, local

707 are already receiving half of the pension they thought they were going to be allotted in their retirement years. that's just not acceptable. >> we should point out as well, you folks are arguing that if we don't do something about this, they will only rely on other government services and complicate the federal coffers doing that. joe crowley, on that issue, your party was hell-bent on moving to get impeachment proceedings going against the president of the united states. it failed yesterday, but it did get 90 votes. i'm wondering whether that is the obsession right now, and nothing gets done in the meantime. >> well, people can walk and chew gum at the same time. neil: hasn't happened in washington lately. >> i think it has. i think to some degree the speaker is moving forward on those investigations. they will do their work and let the truth lead where it may. at the same time, there are issues that the speaker, john and i are speaking about that need to be addressed. neil: nancy pelosi was trying to walk a tightrope, right?

by that, saying she -- whatever they want to do, they can follow through but be very, very careful. many are not giving up this fight. i'm wondering if you think it is going to damage the party. >> i think she's being very consistent, quite frankly, and also on that vein, they have moved legislation out of the ways and means committee and i believe it will be on the floor next week pertaining to the issue we are talking about today, the pension reform is one aspect or one path towards pension reform. so i think they are staying focused, they are moving a legislative agenda but this has to be a bipartisan solution, it has to be a government as well as private sector solution. some political coverage is going to be needed here to see real change that is incredibly necessary to save these pensions. that's why speaker john boehner and i are here today to talk about that and elevate the alarm on this issue. neil: i'm glad you are. speaker boehner, one of the things that's come up, the president was just addressing it in the white house now, the debt, he was saying that it's

not nearly as bad as it was under barack obama but to your point, i know you have talked about this in the past, trying to deal with it when you were speaker, as were you, joe, it just gets worse and worse. it keeps piling on and on and on. do initiatives and the kind of thing you want to do here to shore up these pensions, do they become more difficult to do something like that when you have an environment where the debt just piles up, in other words, some of your old republican colleagues, speaker boehner, will say there's just no money in the till to do it. you say? >> i'm not sure money is the issue here. i think the bigger issue here is providing the trustees of these plans with the flexibility and the tools to do what they have to do to save these plans. the budget deficit is a serious concern of mine, it was when i was speaker of the house. it's grown exponentially since i left. and it's going to become, mark my words, it's going to become the biggest issue of the day

when we start to see trillion dollar annual budget deficits. it's just not sustainable. neil: we are now, looking at a trillion dollar deficit and it could be the way forward here. i was a little confused, speaker boehner, when you said that this isn't necessarily a cost issue. i'm paraphrasing here, but to shore it up, it's going to require some taxpayer support, right? >> we'll let the congress come up with the solutions. our job is to raise the awareness of how big this problem is and how serious it s is. those affected by this, whether they be retirees, employers, unions, they're going to have to come to the table and work out a solution with the congress that will help solve the crisis. >> i wasn't speaking to one party solely. both sides are going to have to show political courage in this process. whatever that path may be, and as the speaker has said, we're not here to say here's how you solve the problem. we're saying this problem is

here, it's now, it's present and it's goej goiing to get worse i not addressed sooner rather than later. neil: there's a move afoot among all the major candidates, certainly joe crowley, within the democratic party, to advocate paying off kids' student loans, maybe free college, medicare for all, and to a man or woman, there's a lot of spending plans in there. to your point and the speaker's point, you know, there are these deficits and the compounded debt, but i'm wondering whether there's any wiggle room here. are you worried that there's a budget implosion to come? you first, joe. >> well, i do think there are issues that come before the congress, come before the nation from time to time that need to be addressed. this particular issue, we are talking about millions of workers who have worked all their lives, played by the rules, they have their pension, they have their social security, their savings and retirement investments, and now one major piece of that leg, their

pension, which they were counting on, is either being slashed or eliminated. that's why this issue needs to be addressed. these men and women who have worked all their lives to save and play by the rules and through no fault of their own, now see that their pension and their dream of living a modicum of decency in their retirement years is now in threat. that's why this issue needs to be addressed by our nation now, sooner rather than later. neil: it is, to your point, gentlemen, in a different environment here. dare i say nastier than the one you both left. speaker boehner, i'm reminded of that now because the guy who succeeded you as speaker, paul ryan, is getting an earful right now because he went after the president in his book, essentially saying, quoting here, we've gotten so numbed by it all, referring to the president, not in government but the way we live our lives, we have a responsibility to try and rebuild, don't cheat on your wife, don't cheat on anything, be a good person, set a good example. he's clearly saying to donald trump that he has not, did not,

does not. the president responding to that, saying the guy was a failure anyway, he was a lame duck failure at that, exhibited poor leadership. he quit congress because he didn't know how to win. what do you think of that? >> well, neil, i learned a few things growing up in my dad's barn. one is you have to be able to learn to disagree without being disagreeable. something that probably helped me more in my political career than anything else. other thing i learned is doesn't cost anything to be nice. neil: i like that one. you think it goes too far and that the president's response is not being nice or what paul ryan said about him? >> i just think some of the political rhetoric today, it's just gotten a little loud. the nation would be, i think, better off if everybody just chilled out a little bit. neil: but they're not chilling, congressman. >> well, somebody's got to say it and i just did. >> john's right, the rhetoric is way over the top. from all angle, quite frankly.

but i personally expect leadership to come from the top. i hope that at some point, we can get down to really tackling the issues that matter to the american people like this pension reform issue. as i said before, people's lives are at stake. their retirement is at stake. this needs to be addressed. neil: so if it isn't, i know you're worried, congressman, this issue for speaker boehner as well doesn't get addressed, i'm wondering as well with the racist term going back and forth, first it was congresswoman cortez saying that essentially of nancy pelosi, they dialed it back, president upping the ante and adding more last night in north carolina, do you think that an environment like that, that the democrats now particularly risk sabotaging the progress they could be making? >> neil, it's time to put the rhetoric aside and to focus on

the issues that affect the american people. neil: but they're not. >> well, but that's the whole point. it's time to focus on the issues. this was one of the issues that the congress needs to focus on, because when you start talking about ten million american families at risk of losing their pension, you're talking about a serious problem. neil: what do they say to you guys, very valid concerns, this is a very real threat, what do they tell you when you talk to them about it? >> they can do both. they can go do their politics but at the end of the day, they -- neil: but you can't do that when you're calling someone a racist, can you? >> it makes life a little more difficult. neil: yeah. joe crowley, i'm wondering given the divisive attitude there, i know hope springs eternal, you think they can bury the hatchet and go on with some of these issues, some have said this so-called squad, some of these members should all be primaried and challenged, what do you think of that? >> well, some of us live by the sword and die by the sword.

i think it comes with the territory, being in politics. it's a rough and tumble game, especially in places like new york and really quite frankly, all around the country. so i think when you enter this arena you know you will be held accountable. i think both sides do that in the primaries as well as in general elections, and you know what, at the end of the day, let it fall where it may. that's the politics of our country. it's worked for over 250 years. i suspect it will work for 250 plus more years to come. neil: would you consider challenging congresswoman cortez? >> i have said i will not be running for my old seat again. i'm not saying i have no intention. i'm saying i'm not running for congress after the house of representatives. neil: you would for another office? >> i'm not running for the house of representatives. neil: all right. how about you, speaker boehner? i'm wondering are you happy now in private life? >> zippety-do-dah, my oh, my, what a wonderful day.

>> we will do harmony next time. neil: you are very good at legislation. singing, i don't know. gentlemen, thank you both very much, certainly for the message you are giving. good for republicans and democrats at both ends of pennsylvania avenue to hear. more after this. fact is, every insurance company hopes you drive safely. but allstate actually helps you drive safely... with drivewise. it lets you know when you go too fast... ...and brake too hard. with feedback to help you drive safer. giving you the power to actually lower your cost. unfortunately, it can't do anything about that. now that you know the truth... are you in good hands?

neil: all right. john boehner was a great speaker, but the singer, not so much. anyway, enjoyed talking to him, the republican power broker of his time, and the former democratic caucus chairman joe crowley. they are both on the same page. they buried the hatchet. the signal here they are sending republicans and democrats is they better bury the hatchet when it comes to addressing issues that need addressing right now, including a lot of pension plans that are at risk of going belly-up and the insurance agency that covers

those funds, that's at risk of going belly-up. but you wouldn't know it, given the clamor and the charges of racism and worse going back and forth on capitol hill. back with my panel right now. gerry, danielle, michael. danielle, hope springs eternal, of course, that the two sides can get something done but these guys are saying, you know, they had their battles, in fact, we have to put the personal insults aside and work with each other. that has happened in the past but it seems very tough now. what do you think? >> no, i think we all want to put hope above experience with this current set of fears and hope that these two parties can come together. we have usmca that needs to be ratified by congress. apparently it's going to be infrastructure week at some point soon and i think the parties need to get together. >> there they have something in common. >> they do. i think there are some things these parties can get together to do that aren't going to irritate their far flanks but the question becomes the game of

politics at this point, this close to the presidential election, more important to them and to their base than actually getting something done for the broader american people. neil: what do you think? >> the challenge always in politics, i think it's particularly acute right now, is that it's much easier to gain political advantage by emphasizing your differences than by emphasizing that you agree. let's be candid, it's quite boring if people agree. people do agree infrastructure in this country needs addressing. borrow some money, spend some money, raise some fees, whatever, to improve infrastructure, airports, roads, everything, needs doing. but there's no real -- who's going to get political advantage from that? we build a whole new bunch of airports and bridges, who's going to care politically? it's going to make a great difference for the country but who is going to get an advantage from that? if you choose immigration, where by the way, nothing is being done, we're not achieving anything on immigration, we're not getting the wall built, we're not getting border security significantly improved,

nothing is really advancing but that's a wonderful political opportunity for both sides to make, to plant their stake in the ground and say come with me and support me on this because i stake out this position and the others -- there's always unfortunately more political advantage to be gained by focusing on issues where you strongly disagree than on issues where you agree. we are just in that situation right now to a very great degree. neil: oftentimes, to your point, you talk about this as well, it's the loudest voice that gets the attention or the concern, the social media, certainly the coverage that these four progressive congresswomen are getting, and no one wants to offend them or get on their bad side or get primaried because you did. it makes it hard to move forward. >> well, i would just note that boehner and crowley are no longer in office. so it's easy for them to say come together when, in fact, when they were in office, it was a problem then, too. neil: you're right. this has been going on a long, long time. >> it's interesting, when there

are a lot of these commissions that get appointed to try to solve things, social security, whatever, they often pick former legislators to head them. alan simpson, i'm thinking of. but it's never the people who are there now who actually have to come together. neil: these guys seem very relieved to be out. >> absolutely. now they can be consultants. neil: do you get a sense, the president has been saying for quite some time that, you know, any one of these democrats get in, you can kiss this market, this economy, this improvement good-bye. saying that, you know, i've been leading the rollback in regulation, the rollback in taxes. every one of these guys are interested in reversing that. say good-bye to all that. >> it's interesting that he has been so overt about that. i think that's sort of been winked and nodded at but prior republican candidates. the markets tend to like republican presidents because of deregulation, exactly that, they like tax breaks.

so it's interesting that it's not a wink and a nod but really, if you don't re-elect me, you will lose your 401(k). interesting politically no one has gone that far before but that is uniquely trump. he seems to get away with it. neil: you could make a case, politics aside, that you know, when you get rid of tax cuts, you're raising taxes. in an environment like that, is this the time to do it, and that certainly would scare the markets, wouldn't it? >> it would. one thing i think, we obviously have something slightly controversial and probably people wouldn't agree with it -- [ speaking simultaneously ] >> you have periods of hyper partisanship and inability to agree. when things are going pretty well, we're not at war, really. we have lingering wars going on with afghanistan, in particular, but we're not in any major national security threat. and we're not in a recession. neil: you could make the argument the president should be up by ten points.

>> remember that famous onion headline, president bush's inaugural speech in 2001, our nation's long national nightmare of peace and prosperity is over. in a sense, we are going through, wages are rising, the economy's strong, the national security situation is good, we have all kinds of challenges, it makes it, the stakes are lower and it makes it easier in a way for people to disagree. if you remember what this country was like after 9/11, i don't think in the time i have been in this country, since i have been an adult, i don't think i have seen americans more united. it didn't last that long. do we want them to come together in those circumstances? we do. but do we want those circumstances that bring us together? no, we don't. in some ways -- neil: we can get back to deal-making, right? jfk realized the tax cuts and all, he needed republican support, he got it. didn't get as much democratic support. he knew that one hand had to wash the other. you could argue the same with ronald reagan, the blue dog democrats to get them to push some of his initiatives.

i don't see a lot of that bartering and deal making. both sides can come out winners doing that. >> i have written about this particularly as it relates to new york. you've got a new yorker in the white house. you've got chuck schumer, the new yorker from the senate minority leader. you got jerry nadler and andrew cuomo. what are they doing? they are all just attacking this president. so they have in a way become part of the resistance instead of advocating for their constituents. it's all politics now. it's all partisan. neil: all the leaders, i know it starts at the top with the president of the united states. i get that. i think you're all right about that. >> you 92knew i was going to sa that. neil: chuck schumer and nancy pelosi, it's incumbent on them to move forward but you don't see a lot of that. obviously rhetoric is not to be understated and bad rhetoric or nasty rhetoric or you know, potentially divisive rhetoric doesn't help. but we've got to get past this. >> we certainly need to get past it because we are about to hit our debt ceiling. i think that is maybe one place

where we may see the house and white house come together. neil: talks are moving, they might. >> we don't want a default. that would be problematic not only for u.s. markets but for global markets. neil: you don't think democrats want it a little bit? >> no. no, they don't. honestly, i don't think so. neil: will we get to that point? >> we were very nearly there back in the obama administration and the republicans did push us right, the republicans who then controlled the house, pushed -- neil: when you don't make social security interest payments and -- >> it would be things like social security would be a long way down. neil: absolutely. they have a pecking order of things. >> maybe some interest wouldn't be repaid. we got close to it in 2012, 2013. if you remember, the republicans got heavily blamed for it. i think the house, the democrats, will realize that. it's in neither side's interest to have, you know, the markets will get very nervous. all this prosperity we -- neil: they only respond when the markets freak out. >> markets control everything. neil: this is -- >> somebody said i want to come

back as a .400 baseball hitter or pop star. i want to come back as a bond market. neil: it worked out for clinton. the president meeting with the leader of the netherlands. he is taking some questions. reporter: can you rule out sanctions? >> we're looking at it. we're looking at it very, very difficult situation for a lot of reasons. things could have been done better in the previous administration. the previous administration made some very big mistakes with regard to turkey and it was too bad. so we're looking at it. we'll see what we do. we haven't announced that yet. reporter: what would your message be with regard to making that chant? >> these are people that love our country. i want them to keep loving our country. and i think the congresswomen, by the way, should be more positive than they are. the congresswomen have a lot of problems. you look at the statements they

made that were so bad and so horrible to our country, you look at what they said, john, what they said was something that it's hard to believe that they could make statements like that. and i could go page over page over page. many, many statements, whether it's about us, whether it's about israel, whether it's about the world trade center and all of the different things that were said, it was a very terrible thing. i'm not happy about when i haea a chant like that. i've said that and i've said it very strongly but i will tell you, the congressmen and women also have a big obligation in this country and in every country, frankly, but they have a big obligation and the obligation is to love your country. there's such hatred. they have such hatred. i've seen statements that they made, with such hatred toward our country. and i don't think that's a good thing. they should embrace our country. they should love our country. and things would be a lot better. thank you very much, everybody.

reporter: pentagon jedi contract is there any chance you might intervene in that? >> which one is that? the amazon? reporter: amazon. >> i'm getting tremendous complaints about the contract with the pentagon and with amazon. they're saying it was not competitively bid. this is going on a long time, probably before this administration. we're looking at it very seriously. one of the biggest contracts ever given, having to do with the cloud, a lot of other things. we're getting tremendous really complaints about other companies and from great companies, some of the greatest companies in the world are complaining about it, having to do with amazon and the department of defense. i will ask them to look very closely what is going on. i have had not such few things where there is complaining, not

only complaining from the media, asking questions about it from the media, complaining from different companies like microsoft, oracle, ibm. great companies that are complaining about it. we'll take a look at it. we'll take a strong look at it. thank you very much, everybody. >> thank you, press. right this way. thank you, press. [reporters requesting questions] >> we're leaving now guys. thank you very much. we're leaving now. >> thank you. >> we're leaving now. >> big event just happened. >> the president with the leader of the netherlands here. trying to explain the fact that these comments that comments from the crowd, representative ilhan omar, from somalia, he was discouraging that.

he wants bygones to be bygones to move on. that might be easier said than done, they are indications they are trying to move on. the markets are trying to come back, down triple digits before, down 87 points. to my buddy charles payne. charles: hey neil. john boehner set the tone of. after after that segment. neil: everybody should sing. you know, you have one issue at a time. charles: thank you very much, neil. good afternoon, everyone, i'm charles payne. this is "making money." breaking now, president trump has a supporters, when he disavowed the sender back chant after last night's rally. senator rick scott and congressman andy biggs will weigh in. netflix shares are sinking after the company revealed subscribers are leaving amid higher prices. microsoft looks to solidify its place as a trillion dollar company, the mos