63 and $65 a share. coupang is the amazon of south korea. reportedly they have 15,000 trucks to make deliveries. you order at midnight, you get it 7:00 in the morning. ain't that something? don't forget "friday feedback," tomorrow. if you're lucky we'll read the stuff on the air. so send us a question. neil, it is yours. neil: stuart, thank you very much for that. have a good day. in the meantime we're focusing on another governor announcing reopening, easing of restrictions. oklahoma's positive is the latest now to say we are going to remove requirements to wear masks inside of state buildings. more oklahomans are getting vaccine each day. wearing a mask should be a personal decision based on circumstances. in case you're keeping track of all the vaccine news and save openings, among those that loosened things up just in the past week, maryland, texas,

texas fully, mississippi, essentially fully, connecticut, arizona, west virginia, wyoming, new york city indicating that next week at this time it could have restaurants at 50% capacity. similar moves afoot in new jersey. maybe a final word on in-person schooling depending where you are in the garden state. things moving fast and furious on that front. get the read from hillary vaughn. how the president will sort of step back from all of this when he addresses the nation tonight. talk not only about the $1.9 trillion stimulus plan hopes to sign into law tomorrow but what might be down the pike. hillary? reporter: neil, that is exactly right. this is president biden's very first prime time address. he will speak at 8:00 p.m. today on the one-year anniversary since the virus was declared global pandemic and before covid put the country in lockdown. >> will be talking more how he

will approach this war against the pandemic, moving forward and lay out some more specifics of what the american people can expect. reporter: biden will say this is one of the greatest on operational challenges the country has faced but he is not expected to give the prior administration credit. instead biden will boast about the work his team has done over a month 1/2 in office, talking about the rapid ramp up of vaccinations, vaccinators and vaccination sites under his watch but senate minority leader mitch mcconnell saying today on the senate floor these wins were inherited. >> president biden and his democratic government inherited a tide that had already begun to turn. the american people already bit a parade that has been marching toward victory. democrats just want to sprint in front of the parade and claim credit. reporter: biden's speech will

not be a look back though. it will be a look ahead. he will speak for 20 minutes. part of that look ahead, neil, includes looking ahead to tomorrow when he is expected to sign the american rescue act into law which the white house says is the most progressive piece of legislation in u.s. history. neil. neil: hillary, thank you very, very much. before we get to our next guest i want to bring you up to date on pfizer's ceo on the wires indicating eventually younger teens will be eligible for vaccination in the fall. elementary schoolchildren may have vaccinations by year-end. this occurs as alaska is now extending vaccinations to those 16 years old or older. i will talk to alaska's governor mike dunleavy in the next hour get his read, what seems to be across the board opening to anyone who wants to get the vaccine in that state can. no other state goes that low, that young.

the alaska governor will explain to me why he has. let's go to jonathan serrie on the vaccine developments, the fact that one out of four of us already received a single dose of a single vaccine. that is pretty impressive, jonathan. reporter: indeed. they're making a lot of progress getting adults vaccinated, roughly 10% of the population has been fully vaccinated, in other words receiving the two doses nothing to scoff at the fact that roughly one in four u.s. adults received at least one dose of vaccine. perhaps most significantly about 61% of americans, 65 and over have received at least one dose. that being the highest risk group, older americans. as vaccine supplies increase states are expanding eligibility. as you mentioned the the alaska is leading the way offering shots to everyone 16 and up regardless of their health. today's president biden on senior advisor of covid response

acknowledged the success of "operation warp speed" bringing safe and effective vaccines to fruition in record time. in our view there are really no bad guys we will succeed together or fail together. we're grateful for the work that came before us, and doing the best we can to continue it and accelerate it. reporter: moderna announced it injected the first trial participants with a modified covid-19 vaccine to evaluate potential booster shots, the studies being done proactively so international health officials will be prepared to combat any resistant variants should they emerge. the original moderna sack seen appears to be quite effective against variants currently in circulation, neil. neil: all right. jonathan, thank you very much for that. jonathan in atlanta. these fast and furious developments on the vaccine front, more states opening up. so far no indication of props in

texas, now fully opened up and more states, at least have in this country dialed back at least half, at least half of restrictions that were in place at the height of the pandemic. let's get the read from charles payne, "making money" host, best-selling author. carol roth, investment banker, luke lloyd, investment strategist. charles, begin with you on the market reaction to all of this. you would be almost forgetting what happened 48 hours ago, too long selloff, the free-fall. i'm not sure what happened over the last couple of days is more indicative how the markets really feel or, before that. what is it? >> yeah, i think it is, today is a pretty good session that maybe give us a hint what will happen over the next several months. you know, i think what happened in the last couple weeks, bond

vigilantes, wall street having a temper tantrum that the federal reserve at some point will be less accommodative. be that as it may, we have about mathematical formulas. vacs seep distribution, reopening, massive stimulus, spring and summer, add all of that up, gives you one thing, animal spirits and it is being reflected in the stock market, it is being reflected in this economy. say what you will it is a heck of a party. there will be a hangover but for right now, neil, market telling you the i think the next few months will be one heck of a party. neil: what do you think of that, carol. >> i like the party analogy. reminds me being back in high school we would have the parties with all the parent are out of town, it would always be me, who would say aren't you worried the cops will come? no, we'll stick around have another beer.

guess what, somebody's older brother is buying alcohol. that is the government. they have will hang out in the party as long as possible until the cops come. i think this battle will come again. >> i don't know, carol, i think this party the cops are drinking with the kids. >> that's true. neil: you're both bringing up very bad memories because i wasn't invited to these parties. >> sorry. neil: they're waving at me from the house. luke, let me get your sense, not on parties, i don't want to go back on your past, luke, it is a family show there you go, now the president outlining what could be, struck me as curious, the next phase, the next step dealing with covid. i thought two trillion would cover that. maybe not. what do you think? >> listen, i'm worried about overstimulating the economy in the wrong areas. we need to start incentivising free markets to work properly.

this stimulus was essentially a bailout bill for states shut down. anytime governments get involved things get very inefficient. $350 billion of the stimulus is going towards state aid. many states actually ran a surplus last year. i can't be the only one that sees the majority of these issues would be fixed and stimulus wouldn't be needed if we opened up every state and allowed the economy to run hot. ironic we're giving out more stimulus now than the depths of pandemic. if congress wanted to help, the stimulus would be focused on industries hurt the most, travel, leisure, small business that is struggling. small business only got $50 billion in the stimulus package. opening back up every state would be the ultimate stimulus package worth trillions of dollars of free market stimulus. neil: it is certainly a lot of misdirected stimulus, whether people know it or not. a good deal is coming in future years, a good chunk of that has nothing to do with covid at all, be that as it may, charles, i'm wondering about some of these

other developments around this. talk of a infrastructure plan, all of that, somewhere in there will be talk of higher taxes. we're still waiting for something president biden promised as a candidate he would raise the corporate tax rate to 28% from 21%. a lot of investment related taxes would go up. taxes on guys like you would go up. we just don't know but with you know he hasn't forgotten it but have the markets? >> yeah the markets have for now but you know the markets are extraordinarily shortsighted. everything that people is warning about, carol, and luke, in particular wall street knows about those things, but those are hurdles they will deal with down the road. today is about today. today is about partying. today is about money that will go, 170 billion go directly from government checks into the stock market and i got to tell you, i don't know that president biden wants to bring up taxes tonight. part of what he wants to achieve with this economy which could be the best in 40 or 50 years, gdp this year, needs the wealth

effect. you have to make people believe they're getting better. he already done the hey we're all drowning thing to get these things passed. now you have to do the opposite side but he can't bring up taxes just yet i don't think. i think along with the fed, by the way. so-called wealth effect, higher stock market, higher property prices, more money in your pocket, to sort of get one of these years that is progressives will use 2021 forever to say the more money printing, better for society. we had 8% gdp. let's go universal basic income. let's go, go, this year, right here, we're in now will be used to promote politics for years to come, perhaps decades. neil: i just wonder, carol, whether there might be a method to the president's strategy here? i'm not saying he is still not intent on raising tax rates but that, might be a bargaining ploy to get republicans on board

infrastructure and he could push that back much as his old boss barack obama did for years, you know, when he came into the presidency promising to send the top rate back up to 39.6%? i'm wonder whether there is something here we could maybe be missing? >> i definitely think that this is a spending congress and it is a spending administration and they are going to continue to spend and it doesn't matter how much they raise taxes, they are not going to be able to raise taxes enough to pay for everything. if you go back to the discussion that we're having about what is happening in the bond market, obviously we talk about the fed potentially having to raise rates, the other side of the issue is the supply. how are we paying for all of this spending? if you go back to 2019, the net new treasury issues were just under a trillion dollars. that was up to 1.7 trillion last year. b-of-a global research is projecting 2.8 trillion this year, the fed cutting their

purchases. who is buying all of this debt? i think that is part of what we're seeing in the bond market as well. neil: nevertheless, luke, we haven't seen a huge back up in rates. when we were going over 1.6%, people said next stop 2%. that could still happen. i'm not smart enough to know. they have been kind of stable, 10-year, in and around 1 1/2, 1.53% level. we got word out of the european central bank it plans to do what our own federal reserve is doing, still doing, buying back notes, bonds, securities, that sort to keep rates low. normally that does the trick. normally in the past when the federal reserve said the same thing, even though it can't control these rates it can by issuing these edicts. it hasn't worked flawlessly for the federal reserve. i'm wondering if the europeans will find out the same thing, that the market is establishing rates now, no longer central bankers, and is that a problem? what do you think? >> i think the market is definitely establishing rates.

with all of this stimulus, reopening the economy, states reopening back up, there is definitely influx of money, which means risk of higher inflation in the future. but we're not seeing inflation yet. not the rise in bond yields necessarily the concern. the rates that yields have risen. what most people are worried about, federal reserve hiking interest rates sooner rather than later. here is how i look at it, the federal reserve has a dual mandate to control inflation, maximize employment. right now employment is looking better still not where it needs to be. we need to get under 5% unemployment to be healthy. inflation isn't a concern yet. it's a concern in the future but the fed won't risk hiking rates right now and slowing the economic recovery and hurting job growth. the federal reserve will let the economy and rates run hot, more growth in 2021 and ultimately as stocks as charles was saying will go higher and higher. neil: luke, we know you have to party. we'll let you go.

see you in less than two hours, my friend. charles is the guy, if he showed up at my house, take my coat. that was the closest i came it partying with chars. you have to move on. you have to move on. in the meantime here we've got a lot more coming up including what is happening in the market right now as all the fine folks are talking, the dow is sprinting ahead. any gain would be a record. the s&p 500 is at a record right now. all would be a gain of 1%. nasdaq continuing to advance right now. that works out to 2 1/2% jump. it would still be i think, maybe six, a little more than six percentage points from its all-time high. so, that is not in correction territory, certainly not in the bear market territory some folks are worried about, a comeback nevertheless. ♪.

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now if this means that it can no longer play, no longer participate in the ncaa tournament appearances, part of march madness, first time after making the ncaa tournament for 24 straight years. we don't know much more than that, at 13-11 overall, duke was kind of on the outskirts of getting into the field of 68 anyway but this player testing positive for the virus doesn't help its chances. normally teams, sort of hold back, but this is bad timing for that. so we'll keep you posted. dr. tom price with us right now, former health and human services secretary, former georgia congressman. i don't know whether to call him congressman, doctor, all around smarty pants. very good to have you. i appreciate it. >> thank you, neil. good to be with you. neil: same here. we need those reminders sometimes of troubling, as they are, to tell us we're not out of the woods on this thing yet, are we? >> no, not at all.

but it is important to remember where, how far we've come. remember, just a year ago all of this began, the lockdowns began, the challenge began with a new disease, new pandemic, and in that period of time, we've developed, as a nation, as a world, in this country, three vaccines against that new infectious disease, unheard of in that period of time. so, there are exciting things happening, more individuals things getting the vaccines, seeing incidence and transmission of the disease, there is optimistic tone out there right now, i believe. neil: you know, we get some other issues that come up that might be worrisome, might not be, congressman, one that concerns astrazeneca's drug was suspended in denmark on concerns of blood clots, that kind of thing. i don't know how big this is, but it could give people, many who have been reluctant to get a

vaccine, to do so now, does that worry you? >> well, it is concerning. obviously the astrazeneca issue but this is not to be unexpected. again the rapid pace we brought these vaccines online, with appropriate testing, with appropriate trials, with all the safeguards that are put in place, doesn't mean that there aren't risks involved in anything that you do. there are risks involved when you take an aspirin for example, but it is important to watch this astrazeneca situation. it is important to make certain that it is indeed safe. if it isn't, they need to go back to the drawing board, astrazeneca needs to go back to the drawing board to figure out how to make it safe. the good news there are other alternatives and there will be more alternatives that will come online. again we've got great opportunities going forward to decrease the transmission of this disease and to get us to a point where the dukes and every other universities out there cannot just participate in march

madness, but we see a return to the normal activity in our society. neil: you know, secretary, the president will address the nation tonight to talk about what is happening on the covid front, maybe update us. very few expect him to credit the administration which you were a part of "operation warp speed" for making a lot of these moments possible. does that bug you on any level if he does that? >> well, i think it would be wise for the president to recognize what was done in the previous administration to launch us on this trajectory, to be able to combat this disease in the manner in which we are right now. not just because it's the truth but because also this is a president, this is president, our current president who said he wanted to work in a bipartisan fashion. there has been no evidence of that to date and if in fact they want to move on to other issues,

whether infrastructure or something else, in a bipartisan manner, then there is going to have to be some evidence that in fact they recognize that bipartisanship is indeed important and that there are things that the republican side of the aisle has done have actually benefited the country. neil: secretary, thank you very much. dr. tom price, former health and human services secretary. former georgia congressman. was there when all of this first went down in dealing with the immediate response to it. we'll keep you posted on that. more states opening up. in case you didn't hear oklahoma

opening up more. removing restrictions in state buildings. no longer needed in that regard. similar notices getting in texas and mississippi, to a lesser degree, other states, also easing up but not to the whole get rid of the mask extent like in maryland and connecticut, arizona, west virginia, wyoming. steady stream of states we're saying yes, we'll take this and move forward with this, after this. ♪ ♪ ♪ ♪ metastatic breast cancer is relentless, but i'm relentless every day. and having more days is possible with verzenio, proven to help you live significantly longer when taken with fulvestrant. verzenio + fulvestrant is for women with hr+,

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♪. neil: you know i think the administration must watch this

show remember yesterday we were saying the administration was planning a speech and he would sign it on friday. we thought that would lose the oomph, why isn't he doing it on thursday. he will do it today. you're welcome, america. depending your point of view on, this the $1.9 trillion measure will be signed by the president in the oval office in about one hour. we'll take you there when that happens. taking you to the border, specifically mcallen, texas. griff jenkins is doing stunning reports talking about migrant buildup along the border. it is not just young people, a whole bunch of people, the latest for us now. griff, the bringing issue where do you put them? if if you look at drone footage, this 300 meters or so was supposed to be completed in the

wall, but it wasn't. half a mile back from our drone is the rio grande river. where they crossed. through this valley, through the valley they come over this best of your memory, they come down the other side of the berm, right into this open-air restaurant, lupi's bar, he had migrants every morning sleeping there. even told me 2 1/2 months ago an illegal woman crossed, came here, gave birth, lift rally, you can sea, obviously our drone showing you the path they would have taken. let me show you some of the footage we shot yesterday, neil. spend about four hours right in this area right by the river where they cross. four groups,hundred total migrants. there were pregnant women. they were taken to places that have capacity. they are 300% overcapacity here in the rio grande river. that is the problem we're seeing across the country. we understand some apprehended have been flown to other border patrol sectors like el paso an elsewhere where they might have space. numbers from february came out yesterday, along the southwest

border, 1141 total encounters in the month of february, way higher than the month of february in 2019, when they said it was a crisis. neil? neil: thank you my friend, very much, griff jenkins. thank you my friend. with the numbers ratcheting up to the degree they are, as griff said. we catch up with the "axios" reporter. hands, hans, i understand they don't want to get involved in a linguisticses debate. it is noteworthy. tamping it down, when questions keep coming up, does it risk backfiring on the president? >> potentially. i mean there are political concerns that democrats and folks inside of the white house have about this. in part because, neil, they don't have great visibility what is happening on the border. yes there is a delegation went

down over the weekend, visited a couple places, that delegation met with president biden yesterday to try to explain what they saw as they try to hash out what their next steps will be. at "axios" we're reporting there will be a group of democratic lawmakers, heading down to the border, later this week or when we get into the in march or april, they will take a first-hand look. senator cornyn, henry cuellar will visit one of the migrant detention facilities. right now -- white house is, want to get a better sense what is going on and they crucially want to get their hhs secretary confirmed, javier becerra, so much of the next steps, first border patrol takes them, then the children and then they go to hhs. that seems to me what the focus is inside of the white house. neil: by the way javier becerra, setting discharge nomination of the committee, give it up to the

full senate, he is expected to be approved along party lines. there might be some unexpected developments. if i could switch gears with, you hans, how democrats are seizing on the stimulus, enough to say, capitalize on the fact that not a single republican voted for it. one of the members i talked about yesterday, ohio congressman tim ryan, used to be a fairly moderate guy, was fully embracing the size of this, the heft of this, even with a lot of money has nothing to do with covid, a lot of that money delayed until future years but he sounded like he is already running for senate. now giving the word rob portman does not want to run for re-election, it was interesting how he painted his case. this is from the congressman yesterday. >> government that acts on their behalf and not federal government that you guys want to wrap up and shrink, put in a bathtub and drown it.

the bottom line is the american people -- neil: i don't know what you mean by you guys. i'm not carrying anyone's laundry, congressman. i'm asking awe couple simple questions, that you challenged nancy pelosi to be house leader and back in those days you were pretty moderate when it came to liberals going too far, spending too much, not really doing the math on this stuff. you just seemed to go have changed a awful lot from those days? >> well i tell you this, neil, when times change, when you have a pandemic and an economic collapse, you possibly shouldn't keep the same mind-set. neil: your name has come up as possible candidate to run for the seat that rob portman will be leaving. are you interested in that? are you interested in running for the united states senate? >> yes, i am. >> isn't san francisco liberal like nancy pelosi a shoo-in to get reelected? >> i don't think so. even our members from the coastal areas recognize we are

not a national party right now. these people left us in droves. they either went for trump and stayed at home. we need a leader who can go into the congressional districts and pull trump voters back and energize those voters but you need an, a robust economic message that covers everybody and we failed to do that. neil: all right. hans nichols, i apologize we had to chop up that a little bit. we didn't alter his statement. that is a very different guy from a couple years ago. i'm wondering what do you make of that? because that is a guy obviously contemplating a senate run. he would be very much running as a progressive? >> there are two different difft dynamics anyone getting involved in their own district has to be concerned what is happening in the left flank of their party. that is true of stimulus, true

of guns. something similar takes place on the republican side. folks are being concerned being primaryied like alexandria ocasio-cortez did to joe crowley. that is one dynamic. the other is there is broader, consensus in washington you need to spend more and deficit spending doesn't matter as much as it did say in 2011 we were in the height of erskine bowles conversations. neil: right. >> democrats got two trillion passed. don't forget 3 trillion passed on the previous administration. now we're five trillion. awful lot of money among even democrats, senior economists you hear concerns about potential inflation that a lot of arguments back and forth there but it seems as though it is almost gospel, gospel might be too strong. let me walk that back. among the white house they think there, among white house officials there will be a political price to pay for republicans for opposing this bill. on other side republicans absolutely are pretty confident

they will win re-election on the opposition to this spending. we just have a clear distinction. ultimately we'll have a decision. neil: you're right. a very clear distinction. larger sense people don't worry about deficits or debt anymore. that is incredible. it is what it is hans nichols, thank you very much. we want to hop across the pond, the atlantic ocean, to get the latest on the royal dust-up that is going on. if you thought it would end with a statement out of buckingham palace, think again. ♪. i'm searching for info on options trading, and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-of-its-kind, personalized education center.

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♪. neil: all right. so you didn't seriously think this whole royal rumble born of harry and meghan joint interview with oprah winfrey would stop at one paragraph statement from buckingham palace, didn't you? our own jonathan hunt warned it would not stop there and it hasn't. jonathan with, what are you hearing now? reporter: we learned from the queen. everybody is interested in what harry's brother prince william might have to say about the interview and about the allegations of racism. william and harry, william and kate were touring a school, newly reopened school in east london today and a reporter who was there asked the prince for his thoughts. listen here. >> sir, have you spoken to your brother since the interview? >> no, i haven't spoken but i will do. >> can you let me know is the royal family a racist family, sir? >> very much not a racist family.

reporter: the questions of racism obviously prompted by harry and meghan's comments to oprah, that somebody within the royal family had wondered about their son archie's skin tone and what might be when he was born. now obviously for all of these questions we turn to mums sitting in england. i asked today what she thought of william's comments, she replied, i have not seen it. we watch the news at 6:00 on the bbc. but i pressed her on whether she thought there was any racism within the royals and she said, quote, i have never heard them say anything that would make you wonder. now i have to say, neil, mum, couldn't even sell google, never mind use it, if she could, you doesn't have to google very hard to find allegedly racist comments within the royal family. i won't repeat them certainly here but prince philip, for instance, who is sick, we wish him the best in the hospital has

said certain things that have been caught on camera before, particularly for instance, to british students studying in china. anybody can google that. so for william to say we are very much not a racist family, he should probably dig into his own family history a little bit more. neil? neil: that is wild. jonathan, curious, you mentioned your mom, i always get a kick out of her comments, but i think from what i'm hearing in the british press it cuts generationally, doesn't it, older britains very much fans of the royal family, institution, respect for that family, you know, overwhelmingly pro that family but younger folks less so. is that how it breaks down? reporter: yeah, i think absolutely, neil, it is a generational thing and you know, you don't have to go back that many decades for those older folks in britain to have a very real feelings as well about

britain's colonial past, to have sympathetic feelings towards that colonial past, to feel those are reflected within the royal family, which of course, still runs the commonwealth of the uk. so, then you get to the younger generation, prince william himself, a different part of that generation, grown up in a different world and certainly you would say, britain has improved its behavior in terms of racism over the past couple of decades and i think that is reflected generationally. you would find more racism within the older generations not to say that is with all of them, certainly, not my mother who doesn't have a racist bone in her body but, simply the colonial past, the commonwealth, et cetera, more ingrained in older british people than it is in the newer generations, neil. neil: now was your mum of the same generation that when all of

the fuss with diana, her tragic death, that the roy family had slighted her, broughter had to the brink? i remember that obviously many decades ago, that was an issue that came up? reporter: that was very different i think, you know, there are people who would argue that that was different because meghan markle is mixed race. diana was pure, very purely white and british and therefore some people would argue that diana got a lot more sympathy. certainly my mum would have been among those who were horrified by some of the treatment of diana and the queen was probably at her least popular ever in britain in the weeks after diana's death but that changed and the queen now very much supported as you mentioned by the older generations in particular and i think overall her popularity still very high within the uk now, neil. neil: yeah. it appears to be. jonathan, fascinating. thank you, my friend. ii want to thank your mom as

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♪. >> welcome back to "cavuto: coast to coast." today was supposed to be the first day of class in seattle for kindergartners and first-graders but it is not happy. the teachers union said they will not return to the classrooms, the district essentially backed down. this despite the fact that the district spent $10 million in covid relief money aimed at improving remote learning, getting students back in the classroom safely. seattle is poised to get another $41 million from the relief package passed in december. on top of that the covid stimulus passed by the u.s. house yesterday has another $130 billion for k-12 education which wrays the nation's public schools share to almost $200 billion. with so many kids still stuck in their homes republicans are crying foul. >> the money that was appropriated by congress in the relief funds was intended to get our kids back in school. reporter: despite getting more than a billion dollars in covid

relief funds, washington schools rank 46th in the country getting kids back in the classroom. north shore schools, the first district in the u.s. to go all remote is still all remote. parents are upset with district leaders. >> i think it is wrong. it hurts our kids, and it hurts our families, those trying to work, hold down jobs on some levels i think it is wrong. reporter: now the state superintendent schools in washington if they don't go back to in-person learning they risk losing covid money. the teachers union says there are no strings attached. they can still stay out of the classroom and get all the federal fund. neil? neil: dan springer, thank you very much. closer to home, right now at least in the northeast, governor cuomo, it is up to 55 democratic state legislators calling on the governor to step down amid the twin scandals, not only over

nursing home deaths but now at least half a dozen women who claimed that the government exhibited repeatedly inappropriate behavior. read on all of this "new york post" albany reporter, bernadette hogan. bernadette, thank you for taking the time. when so many, thank you. when so many in your own party are turning on you, you have to wonder what are the governor's options now? >> right. well the governor is, he is between a rock and a hard place right now. he has got people from his own party, democrats calling for him to either step aside or resign, depending on what attorney general tish james finds out in her investigation with interviews with women who have, who have described detailed accounts of sexual harrassment and potentially beyond. now this is very difficult for the governor because we are closing in on budget season. we have a budget that has to pass by april 1st. neil: right. >> and democrats are the ones in

charge of negotiating with the governor. this is a big deal, last year with the coronavirus pandemic, there was a lot of uncertainty and of course with mass unemployment, tax revenues very uncertain, democrats have to decide what is going to happen. so the governor plays a chief role in this. we have a couple weeks. the democrats are negotiating what they want to see as a final parcels in this budget package and how much is the governor actually negotiating with them. neil: real quickly on that, the governor suddenly seems open to a tax hike even though in the past he repeatedly said no. i suspect has a lot to do with the same democrats wanting him to toss his keister out of there, want to a tax hike on the rich. how is this conversation going down. >> state assembly, larger body of two the chambers, the senate and assembly have been purring

for. the governor had a budget proposal back in january, this is before a stimulus plan before we knew how much new york is getting. now we know how much is getting. new york state alone is receiving over $12 billion, very close to being able to close the budget gap. new york city is getting money. so are local governments. right now people looking at the budget, watchdogs are saying we have enough money to close this year's gap, potentially next year's as well. perhaps we don't need to look at things like revenue raisers, raising taxes on the wealthiest earners. perhaps we can look structural issues in years to come but right now they have more than enough money to close those gaps. neil: not so fat. bernadette, jumping on you rudy, we have to go, albany reporter, much more. coming up.

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a lot of things are opening up in this country but you didn't think it would go quietly in texas. what the states governor essentially open up everything and got rid of the mask mandate. lawsuits are piling back and forth against cities not complying with the governor's orders. specifically austin, texas. edward lawrence following that. edward, what is going on here?

>> the mayor of austin told me he expects the lawsuit anytime to be filed. he's not backing down. governor greg abbott lifted the restrictions, no mask mandate. capacity at one 100% in the state of texas but not austin. the mayor of austin says masks do work and that the reason the coronavirus cases have come down. in addition, he wants to wait until more people get vaccinated. he said hold out a little longer. listen. >> we are going to continue to be guided by the doctors and data with the promise i made to the community. we made the rules of the health authority our rules and we are going to continue to do that however long we can. >> he tells me he does believe this weekend the numbers will be low enough to loosen restrictions. the capacity at 75% in the city of austin and travis county.

the state attorney general said the city and county are defined the mandate. in a tweet last night, he said about the defiance, maybe from when couple mask, whatever the case, they tried before and lost. the state is not backing down. the language in the order that says local governments cannot make their own mask mandate. >> we've heard good news so far so we will absolutely see them together his release from the mask mandate and city of austin has no authority to continue the mask mandate so we will sue them if they do not comply state law. >> it is a true high noon showdown here in texas because it's just after noon and tech six. >> a very, anything from the mayor, we will keep you posted.

switching back to new york state right now where they are slowly reopening particularly in new york city where a week from now they are going to be at 50% capacity and restaurants, up from 25%. that's been the case in new york state outside the city but it is a slow go. mcshane has been following all of this, taking a look at the pandemic and its effect on communities across the country. oyster bay, new york right now. restaurants, i guess if you think about it, it's been all this time. >> that's what it's been about, adapting throughout. so many of these stories over the past year one year into the pandemic, it's hard to put into numbers how tough it's been for this industry. this one estimate the says 100,000 plus restaurants have closed but even in that environment there are still some great american success stories out there and this is one of them.

>> the fire pit in the long island restaurant parking lot whenever part of the master plan for coach meetinghouse. >> fine dining, sitdown restaurants, new york city style. >> three days after reopening, the owner could have been finished. >> any bar or restaurant closing at 8:00 tonight. >> the whole world shut down. you put your life savings in this place, a young family scared to death. >> beer gave way to action. russ remembered the erosion machine he had at another store he owns. he said up in the was a huge hit. >> frozen drinks were more of a draw than the food. >> they were quite a draw on instagram creating something of a buzz, a drive-in movie theater in the parking lot was the next innovation. the pandemic drag on. indoor dining was limited and restaurants all over the country were getting creative as the temperature dropped. tens, heaters on the igloos. here, roku promo.

>> everybody has their own tv streaming. >> i get to lounge around and watch tv and eat food, what else do you need? >> customers finally welcomed back indoors in the original dream center on fine dining remains alive and well. so just one example of a business that refused to accept failure, it would have been easy to fold up but the owner told me you will keep making making changes. the igloos are warm today for an igloo but they are booked out six or seven weeks in advance and he will bring in cabana in the summer to replace them. one innovation after another. you have to keep moving in an environment like this. charles: thing in the right direction. thank you so much. as you track where we dined the past year. speaking of new york, we should say new york is along the age of

eligibility to get the vaccine dose. sixty-five now at 60. so far, i've not run across anyone who's gone lower than my next guest, the governor of alaska whose now letting anyone over the age of 16 to be allowed to get vaccinations. very good to see you, what is the reaction you're getting? >> it's overwhelming. we have folks sign up to be vaccinated and the numbers are coming in strong so we anticipate will be closing in on half the population shortly. we've got thousands of vaccines ready to administer for those who wanted. neil: when people as young as 16 and get them, is there an order for that? do you still air on the side of older folks first, how does it

go? >> yes, very good question. we've always had an elder or senior is in line, we are going to move further into line. seniors, elders, those are the folks the virus hit hard. at the front of the line at any vaccination in which is the vaccine but anyone who signs up over the age of 16 whether you live in alaska or plan working alaska, you can get a vaccination so we are encouraging as many books as possible to do this. we believe we will achieve herd immunity shortly at the vaccinating people today. neil: what is the rate right now as things stand? >> in terms of the number of vaccinations, we probably had over a quarter to a third of our population closing in on a quarter, folks are getting a second vaccination. there's a third vaccine, just one shot.

for example in rural alaska where a lot of native alaskan folks live, we have some vaccination rates at 90% for the population 16 and older so again, that was a population hit very hard in 1918 and the spanish flu. their job of vaccinating those need the vaccinations the most. neil: a number of states have fully open or closed. mississippi the vaccination rate is anywhere from nine to 12% depending on the state. your at the minimum of 25% or more so would you consider some of the sweeping measures these states have taken? >> alaska has been open since may. once he discovered . neil: when you say open, what does that mean for restaurants or businesses and that sort of thing? >> with the exception of one or

two first-class cities, the entire state of alaska was open full capacity, businesses going outdoors, you name it, whatever you want to do starting date. once we figure it out what it's about to attack, we protected those people. seniors, who worked with rural alaskan folks to make sure native american populations were protected but alaska, all restrictions were lifted in may for the entire state of alaska. the only thing we've had in place was the state of alaska at the airport but it in terms of getting outdoors, concerns of businesses in terms of numbers of folks congregating, that was lifted back in may. neil: okay. moving forward, roughly a year since the chinese delegation in your state and you learned later that might have been the start of some of the problems, what they were holding from and what they brought to the country. now you have an alaska hosting

chinese delegation with security officials, i believe in anchorage. are you nervous? >> no. we understand the virus. as you mentioned, we received state department officials and families a little over a year ago from wuhan. they were here in alaska anchorage. we tested them, they were fine. we've been very careful, we understand this virus well. our numbers speak for themselves. second lowest death rates in the country, third lowest we've tested a lot of folks. we're not nervous. as a matter of fact, we encourage people to visit alaska. we encourage people, especially this summer, come to alaska because we are probably the safest state in the country in regard to the virus. we know how to deal with it, we are vaccinating a higher rate. alaska is open for business and tourists and folks to come here. neil: cruises are put up until

at least this summer. what is the latest? >> we are working with federal delegation to see if we can come up with some exception to allow be administration to continue cruise to alaska. it's a huge economic driver in alaska. airlines are adding more in the event of the crews ship ministry, unable to get ships appear as quickly as possible nonetheless we work with federal delegation, they are working with federal officials and we are hopeful something can come up but we like to have our cruise industry back. it's a great tape place to visit especially in the summer but we are working on that and hopefully we will get good news shortly. neil: stunning. i'd love to go to alaska. stunning, beyond words. governor of alaska, hopefully open backup business as well and the crews lines as well.

316 points, completed a 30 year bond offering an auction up for grabs. it one on without a hitch yesterday so that is the market fall again. the backdrop seems to be okay with rates remaining stable. stocks much more than stable. 152%, we started the week with that 1.6 or higher. what happens now? ♪♪ ♪♪

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travel advisory warning as well saying u.s. citizens shouldn't take cruises. >> concerts, rallies, whole college semesters are being canceled. no fewer than three times the last six trading sessions. >> this is america, we are going to get over this. >> bottom line, markets want to seek stimulus measure done. >> this is where these things have to happen. >> you know who is the end all? you. average americans. >> the governor go out to french laundry and spend $15000 on a bar bill. you know how much that would have helped a small business like mine? >> there's help on the way in the form of a vaccine. >> to dose vaccine. >> later this week, word out of moderna. companies with promising vaccines. >> we are not running three efficacy trials in three different countries. >> reopen new york city first time in months from now. >> 25% capacity. restrictions and texas and

mississippi. >> if not now, when? >> these restrictions you are lifting, they are pretty broad-based. >> we thought it was time to lift the restrictions. >> the president said to approve 100 million more doses of johnson & johnson vaccines, reopening going on across the country, particularly in texas where virtually all restrictions have been lifted. neil: all that happened in one year since the pandemic was officially declared in the united states boarding up and locking up and getting anything having to do life, whatever as usual. we are slowly coming out of that right now with no fewer than a dozen states relieving restrictions, some entirely but where does that put the economy and markets now when we crash just under 20000 for a while on the dow? now in record territory, 32620.

who would have thunk it that we would be where we are right now? here we are. gary joined us. guys, thank you very much. we've covered this every step of the way, certainly you have as well. i'm wondering when this started, these were unprecedented actions. the government was taking to shut down the economy. freeze it in place. all the lives lost and businesses gone. it didn't seemed like we would be able to dig our way out of it. 22 million jobs lost at their height but we made back 12 million of those jobs. i don't think many anticipated, at least in economic come back in the vaccine come back we've seen since. your thoughts. >> we certainly didn't anticipate any of this but if you look back, i remember it vividly, it brought back a lot of memories where we were here last year trying to figure out what this was. i think fear was gripping

americans, the market. fear can be a very deadly thing especially for markets and stocks so it is a nominal we are back about 32000 on the dow. i never would have thought this would happen so quickly. jobs in the economy, we did have stimulus packages put out last year. a lot of americans saved money in one of the reasons we are seeing market come back so strong right now one year later is because of the vaccine rollout, they are reopening and there is hope. i remember watching that first plane full of doses of the pfizer vaccine and thinking, i am hopeful for the first time in many months and i think that's what you're seeing. and the markets and the economy. neil: i know things are bad and that's why it's good having your vantage points from orlando, disneyland shut down, they'd open months later but it shows you how widespread was. broadway, you name it down,

down, down. i remember talking to you this was overdone and this idea we were going into a world wide depression may be overstated. i guess it's a good time to look at things reopening, happening now whether the markets come too far, it's run up on the rumor of coming out of this, it's gone beyond the indicative of a come back of the economy. what do you think? >> with the markets a couple weeks ago, 35 to 40000 on the dow. it's a combination of things going on right now. the virus is crashing, vaccine skyrocketing and the stimulus, money printing that's helped markets so i think you can overshoot for a while and i do think with the dow breaking out, s&p breaking out and finally growth stocks which have been

dead money the last few weeks waking up big time, i believe we go higher and this, i know we were coming back already but it started november 9, the announcement of the third vaccine, i think the others seek efficacy was 95%, big surprise. the dow kept up 1800 points and everything that was dead lit up and we are talking about the airlines, cruise lines, energy, financials do anything travel as economically sensitive and the way we go and we seen nothing but good going forward and now about every state is opening up. here in florida, we been opened up for a while and if you traveled the streets and highways here, he wouldn't even know if there was a virus still. neil: incredible. final word, i want to thank you, cheryl. thank you on your great coverage through this. in the meantime, we are going to

look at the upcoming meeting between top officials from china, the united states while we are told business might not be on the table as much as military and other related matters, things have gone more intense, farmers have a simple question. what about us? jeff on that. ♪♪ ♪♪ ♪♪

we are moments away the white house president signing the $1.3 trillion stimulus plan. he was going to do it tomorrow but figured he'd address the nation tonight so might as well get that done lickety-split now. move fast i can the stimulus checks to american so when he does sign that it will go to them. in the meantime, other areas of

delegation, top american officials meeting with top chinese officials in anchorage over the weekend but if you're expecting movement on things like trade, hold your breath and that could mean bad news for farmers who despite the consensus here, huge rewards on trade deal. they have yet to see a lot of that. legitimate things. jeff is joining us in crown point illinois. >> they looking green out here on the farm. go ahead and open that up if you can we can show people what it looks like. you can see corn and that is money right now, but the monies up for corn and beans. much better. a lot of people were afraid the trade conflict with china would

kill the market, did it do that? >> it did the last couple of years. china has hogs back in production and they need our crop. >> so they are buying right now. that's corn, as you see right there. you're going to plant, i say you, formals in general. more acres of corn and soybeans this year. 182 million acres, never before. >> that's correct. we are going to plant fence wrote defense role because teens are in the scenes and corn is over $5. >> if we look at the thing on trade with china, how important to you is trade with china? we look last year 55.5 million tons of agricultural products to china, a quarter of all exports, soybeans even more of a percentage. half soybeans are up to china. >> china is our biggest customer, we need them.

>> obviously the president, former president trump came through with aid to you when you're market got killed but you always want farmers to say we want trade, we don't want aid. >> we want a man for our product. we like to grow a crop, give a fair price for it. we don't want government help. >> there you go. i think you speak for farmers all over the country when they say they do, they just want their market and they'd like it to be china. china is a great market and we don't want that screwed up but right now, we'll see. >> they don't want china going somewhere else. they can certainly appreciate that. indiana, i believe i said illinois. thank you very much.

we are waiting to hear from the president right now, he's going to sign a $1.9 trillion stimulus plan to address the nation later tonight. when he does, with take it to the oval office. nelson is back with us. she was able to make sure aid for the airlines was included in this package to avoid what could have been thousands of layoffs, flight attendants and associations. sarah nelson is with us now. to take to you for making that happen. you are instrumental in making that happen. i do think the airline industry goes from here? >> well, i've got to say, this is the best birthday present a girl could get. the president signing this bill in a year ago. neil: happy birthday. >> thank you. thank you. airline pilots association to two disney world at the last union convention we were attending. two days later we were aware the airlines were not going to make payroll within a couple of weeks or months so we had to work very hard to put in place relief programs we bought for which was

working for us and you reported on throughout the year end that's going to workers pay and benefits to keep us in our job. no reductions to our pay. cap on executive compensation and ban on stock buyback, feels good when they said the furlough notices yesterday and i want to give a shout out to the american airlines team work closely with us after the union plan was the one that went forward. i also want to say, hello to uncle delwin who watches you religiously every day but from here, i talked about a lot of people being together and disney world and everything else, the truth is people cannot wait to get back together so as soon as we can get this vaccine and more arms, we can get more people vaccinated and also for combat around the world. the airline industry is going to come back and we are going to be in our jobs and certified and ready to handle the demand. neil: your modest, you're a very

big reason for that. i'm curious the way this works, it's contingent on the airlines, they get this money, they can't lay off people. how long does that guarantee last? >> that last through september 30 this year. we believe that went to get us through and get us back to a place where demand needs to be met. we've had people take early retirement and over the years we've had attrition and we should be able to meet in the middle by end of september and get through this on the other side. it's really important to us to make sure after all crisis we face after 9/11, bankruptcies and our pay we were not going to pay for this crisis is time so we put forward workers first package and set a narrative the frontline american worker is essential, not going to cave to the pandemic and build the economy from the ground up. neil: i thought of you, in the middle of all of this, optimism about the stimulus, the cdc was

giving guidance trying to urge americans, don't travel right away, be careful about and i'm thinking, the airline industry is getting a million flowers a day and was holding onto this. the recommendation, cool it. not right away. what did you make of that? >> one thing i want to be clear about is while demand has come back to almost 50%, we don't have the business back to revenue was right around 25%. the virus is the problem so we got to kick the virus to the curb cdc trying to do their best to give guidance to do that and now we got support through the summer so hopefully we can use this time to crackdown on this and the pandemic and be in a place where people can travel without worry. neil: remind me never to be on the other side of the negotiating table so i can eat my lunch but congratulations on this.

it's no fault of its own, battered. weight disproportionally such as restaurants if you think about it from this pandemic but now help is on the way. flight attendants association, president and meantime speaking of president, the president of this country will sign the stimulus measure including the airline industry, we are minutes away, will be back after this. ♪♪

all right, minutes away from the president of the united states signing up $1.9 trillion stimulus plan, a game changer for the markets. game changer for virtually all parts of the market. charlie cast brito taking a look at a bubble for some parts of the market. charlie.

>> a growing body of evidence these checks are being used to be a stock market bubble in these risky stocks like game stop, but going that people are just spending this money, these are people with jobs. checks joe biden will sign today are going to people with jobs, they don't save it or spend it, they speculate on it. how do i know? is a growing body of evidence to show a lot of this money is funny money, it's pushed in stocks and bit coin. his an interesting statistic, the robin hood deal has been downloaded over 2.5 million times between january 1 and march 10. that's a dramatic increase over what it was doing before. it shows you that people are starting to gamble now that they have extra money in their pocket. you've got to ask yourself, does that mean the market is where it

is because of gambling or lower interest rates? it's always a combination. obviously stimulus checks, people and traitor like that, they think the economy will improve and spend at some time. coming out of the covid recession in a sense that people spend again was everybody's vaccine and the vaccines are being ramped up and again, low interest rates so you put your money in the assets but there's no doubt from what i understand, from trading sources, you can see the evidence and downloads of the robin hood app, people search stuff on reddit, popular message boards involving wall street that the stimulus effort coincides a massive ramped up of gambling in stocks and usually when that happens, you know what happens next, a crash. back to you. neil: is it just because in one area this expense and in other areas, is that part of the fear?

>> here's the thing, a lot of studies show people -- remember, people get checks to jobs, there are so many people hurting in the hospitality industry, they need the money but is also going to people with jobs they are not necessarily, they are not spending, they are either saving it or putting it in the markets. you can see it from the robin hood downloads. it's fascinating. neil: thank you. former philadelphia fed president joins us now on the phone. charles, always good to have you so thank you very much. we are waiting for the president to sign off on the stimulus but i'm wondering about what charlie was just raising, the thought that comes with this, the stimulus, federal reserve plan

to buy notes and bonds and keep them low, what you think? >> thank you for having me. it's highly unusual, obviously and i think somewhat concerning, i think we've signed congress is appropriated five to 6 trillion dollars for the pandemic and fallout from the shutdowns. [inaudible] that's more money than the higher federal government can, not 405 -- [inaudible] the entire budget we've added to the budget more than we've spent in 2018. this is an extraordinary

spending exercise and i understand congress has its i set on lower spending. spending is not free. i'm worried congress, we were in physical trouble before and now i don't know how, i think they will step up but over $2 trillion since last year about appropriations so i am worried that this is out of hand. i'm worried about way back in 2010 -- 11 when the fed started. neil: i remember very well. charles, what worries me is there are others -- i'm sorry, what worries me is the only are

you a prominent guy in your out of office is worried. i don't see any of your colleagues worrying about it, go big, i'll sort this out later, i don't mean to minimize signing off on this, we need so much of this, it's not even new with covid, it's so urgent wise much of it, more than half put off in future years. i'm worried that no one is worried about all of this, should i be? >> i see your glory in this regard. there's no such thing as a free lunch. this is not free spending if we do it at will as much as we want. the bill has to be paid somewhere. i am very concerned this would reach the.where this is. [inaudible] surely, something, this explains why so high right now because it

creates huge amounts of tax liability with all this and sometime they are going to have to be paid down or paid off so i think we ought to be worried and be worried about funding this and those things go together, i'm worried whether the funds control the way they can. if that happens, we have big inflation to worry about so i think it is a dangerous time for our country. neil: we have to be aware of that getting another view on this. sorry to cut this a little short, we are waiting for the president of the united states to sign the stimulus measure and we want to let you know about the states opening up business as usual and in some cases,

business the way it was before the pandemic even hit including an update on what's happening right now in florida, it is spring break. the fort lauderdale mayor is concerned about everyone's safety there. after this. ♪♪

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may have insulin resistance. to learn how to reverse insulin resistance and lose weight effectively, go online to golo.com. once again, that's golo.com. act now! the florida spring break, i always feel for those in authority, like the mayor of fort lauderdale tell us, the mayor as i just said, you've got to be the police in the room ready to move the punch bowl just in case. you handled that nicely but he was kind enough to join us right now. mayor, any place my kids might going, i'm glad you're maintaining that view. let me get your sense how it's going thus far. i know you are worried about

safety, you are concerned not only for the folks who live there but the folks who are visiting, what is the latest? >> first of all, thank you for inviting me on your show today it is a beautiful day here in fort lauderdale and a lot of kids are down here but not just kids, a lot of the folks over 65 stayed home all these many months are returning to summer seasonable homes here. they have people, young and old and everyone in between and it's better to be here in florida than a stuffy dorm room. it's better to be here enjoying rush open air than it is to be stuck in a home where you are sheltering in place so we've been pretty good being able to maintain crowds safety. don't expect to come about wearing a mask or keeping the covid protocols in place so far,

things are going well. come on down. neil: i don't want to cheer my kids on, they are. we'll talk about that later. what i do want, what are the rules in florida or fort lauderdale i know it can very by cities. masks are still recommended. provisions still in effect, how does that go? >> all that is still in place. restaurants are open, bars are open one 100% indoors and outdoors but limited table size, six people the table. a family gets up to ten, tables were spaced apart. staff people, waiters, servers and so forth must wear masks. many wear gloves, we still keep people safe here. you come here expect to follow protocols you can leave knowing you've been safe and disease-free. neil: as a patron, it's recommended you where one.

kind of like it. all right. >> you can sit outdoors and the weather is great and you don't have to freeze having your caesar salad or whatever it is, it is a very comfortable environment to be here. neil: the vaccination case in florida, how is that looking? >> we've been vaccinating people as we can considering the volume of vaccines available in the country. florida has been pretty lucky getting it fair share. we have two vaccination sites in addition to the grocery stores and drugstores that are also sites. doing what we can, the governors containing to lower their age

group who can receive the vaccine but everything is dependent upon supply. we look to the federal government, the fact that there is this new act the president is about to sign into law, hopefully be able to provide resources necessary to get there vaccines to everybody in the united states. neil: i know early on there were a lot of people, maybe they had either residents in florida to get, can they do that? >> not really. we require id, a local resident, people from other country's incontinence, is a scary time for most people. they didn't know what to do. we tried our best to accommodate everybody as we still do but right now, we have to pay attention to local residents and that's our focus right now.

neil: understood. as it should be. thank you very much. i'll tell my kids what you said, do not go to fort lauderdale, you don't want to risk it. a lot more right after this.

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to do it can sign off tomorrow. that will do it. here is charles. charles: neil, thank you very much. good afternoon, everyone, i'm charles payne. this is "making money." breaking right now, you remember last month there was a three-week stretch felt like it woe snow forever? i was outside it is a glorious day. i will tell you exactly what that has to do with the rally and new magic formula for investors. you want to watch the show before you put money in a spac for your favorite celebrity. is the i think the worse is over but we have smart folks with their own opinions. meanwhile president biden is set to address the nation in a prime time address tonight on one-year anniversary of