closed for over a year. it is a slight, you know, it's good news but, my word, they are being very, very timid with that capacity. stuart: timid, very good word and absolutely right. april 30th, 15% capacity. doesn't make it, in my book. time's up for me though. david is in for neil cavuto. david: you know, you are the antithesis of timid, stuart. timid is a great word to describe just about any politician in america, but you are the antithesis of that world. good to see you, thank you very much. welcome to cavuto coast to coast. i'm david asman in neil cavuto -- in for neil cavuto today. the homeland security chief doubling down on his warning about the migrant surge today before congress. listen. >> we have taken a series of actions to address the increase in the number of unaccompanied children at the border. sometimes the tools of deterrence defy values and

principles for which we all stand. david: we will have the very latest on the crisis and brand new remarks from the golf of texas -- governor of texas straight ahead. plus, california governor gavin newsom growing more worried as an effort to recall him faces a deadline today. i'm going to be talking to the campaign manager of that petition on where things stand right now. and as travel ramps up around the world, so does the blue state exodus. why jetblue is looking at florida, moving away from new york as its home base. but the top story we are watching today, president biden imposing his first sanctions on chinese officials. this move is coming on the eve of the u.s. and chinese meeting in alaska. that's set for tomorrow. rich edson is live at the state department with the latest. hi, rich. >> reporter: good afternoon, david. just ahead of this major meeting between american and chinese diplomats, the biden administration unveiled sanctions on two dozen chinese

government officials for the rogues of democracy and freedom -- erosion of democracy and freedom in hong kong. secretary of state antony blinken says, quote, a stable, prosperous hong kong that respects human rights, freedoms and political pluralism serves the interest of hong kong, mainland china and the broader international community. we will respond when the prc fails to meet its obligations. china's government calls the sanctions vicious and a severe violation of international law. secretary blinken is traveling in japan and south korea before stopping tomorrow in alaska for that high-level meeting with chinese officials. senior administration officials say the u.s. is coming to these discussions with an increasingly strong hand and that they will make very clear that the u.s. has objections to the repression , china's economic policies and the aggressive posture in the south china sea. >> we're united in the vision of

a free and open indo-pacific region where countries follow the rules, cooperate whenever they can and resolve their differences peacefully. and in particular, we will push back, if necessary, when china uses to coercion or aggression to get its way. >> reporter: in response to this, china's foreign ministry this morning said it's the united states that uses intimidation and coercion around the world and that the u.s. essentially needs to mind its own business and let china deal with its own internal affairs. david, back to you. david: it's you, t not me. there's concern it's not me. thanks a lot, rich are, appreciate it. well, the u.s./china summit in alaska appears to be set for a frosty start. tensions may be dampening market sentiment a little bit today as we look at two of the indexes in the down arrow. what we can expect from "wall street journal" editorial page writer gillian mel your and host john layfield. good to see you both.

jillian, it's just talk, but it's some pretty tough talk from the new secretary of state. what struck me is that he mentioned by name taiwan. he said china uses coercion and aggression to systematically undercut democracy in taiwan. i don't think there is any more of a sore spot for the chinese communists than taiwan. it was interesting he mentioned it. >> yeah, it was. i was happy to see that because, you know, china has taken hong kong. hong kong is now lost, which is a democratic tragedy. and a lot of people are concerned for legitimate reason that taiwan is next on the firing line. i think for the united states to make statements like this is really important. equally important is backing them up. one thing i would like to see is the u.s./taiwan trade deal, and there's great opportunity for that right now. i think that's a great opportunity for the biden administration to do something to help the u.s. economy and help our foreign policy goals at

the same time. david: john, what is fascinating to me and the rest of the world, i think, is that we have done a complete 180 not only in terms of economic policy, but in terms of foreign policy. trump was all about using words to say i love you even to our worst enemy, to the north korean leader, and then he followed the i love yous with i'm going to hit you with a sanction, and the chinese got a lot of that. are we in for the same routine here where we have the very tough talk but i much light arer when it comes to sanctions? >> yeah, i'm not sure either what motive, either way working. trump had this trade war that, you know, you don't know if it really worked or not. the trade deficit, obviously, went up higher. trump said it wouldn't. the pandemic shut everything down. biden is taking a different tack. look, america's not going to do much about taiwan. we're not going to borrow money from the chinese to fight the chinese over taiwan. we've already put sanctions on it and tried to stop the chinese

aggression. the main interest in that region is the china sea because of all the freight passage that goes through the china sea and all the oil. that's a bigger deal to america. we're in a saber rattle over taiwan, but there's really not a lot we can do. david: jillian, the one thing i am dying to get is an answer as to how this virus started. you know, it's not only important for taking responsibility for the pandemic, but more important for what happens in the future. we're probably going to face another pandemic, it's important to know how this one started. do you think we're going to have any pressure from this administration on the chinese to get to the bottom of that? >> i certainly hope so. i mean, they have not been transparent since the beginning, and i think their cover-up -- they basically gave us the covid virus, the chernobyl treatment. they denied that this was a big problem until it was undeniable. and the world is paying the price for that. so i think it's really important to keep the pressure on them for more transparency but also to be

honest about the way they've co-opted some international bodies. the way that the world health organization enables it is really disturbing, and i think the biden administration needs to take an honest look at that. david john, what do businesses want from this? there was this long-term myth that the chamber of commerce and a lot of big business organizations were republican. in fact, i think they are much more behind the biden administration than they were behind the trump administration because, as you say, trump was pushing various trade sanctions and everything. the chamber of commerce folks didn't like it. >> right. and the businesses don't like the tariffs. they didn't like that at all. it was a tax on the american people. i know you can argue different things about currency manipulation, about how they paid for it, but it was a tax, and it put a tenement in business between china and the united states. now, it may have been justified, but it didn't work. now, it may have worked hadn't the pandemic came off, but they

don't want their intellectual property stolen. they want to be ownership of businesses in china without having to cede that ownership and having that intellectual theft happen. they want more free trade, but that's more up to china than it is the united states we've tried numerous things, and nothing has worked with the chinese. david: do you think anything will work with the chinese? if trade the sanctions and nice talking doesn't work, will anything work to prevent them from stealing our property? >> i think you need some type of global response to this. i think the vaccine that they're using for vaccine diplomacy, same as the belt and road initiative, if china starts getting cut off from the rest of the world like you saw what happened in germany without the 60/40 restrictions, i think that's when you'll start to see china start bowing to some pressure. unilateral pressure, as big as the u.s. is, china so far has not bowed to that pressure. david: yeah.

well, in fact, they're going the opposite way. if you want to visit china, you have to have a chinese vaccine. that's the latest. you have to use one of their vaccines, pfizer and moderna won't do. it's incredible, the hi pockily is i. guys, stay with us. we want to go down to the border where dhs secretary alejandro mayorkas says border crossings are into the u.s. reaching levels that haven't been seen in 20 years. the secretary's testifying on capitol hill today about the ongoing crisis. jacqui heinrich is there with the very latest. >> reporter: hey there, david. secretary mayorkas tried to highlight some of the efforts this administrations has made to try to paint them as more humane in dealing with this surge of migrants than the previous administration. mayorkas was saying they stopped the practice of expelling unaccompanied children back to mexico, they've increased housing capacity and vetting efforts for family re unifications. they've made some pretty big strides vaccinating border

patrol, but lawmakers, all they really wanted to hear was whether mayorkas was use the word crisis which top democrats and the white house have really resisted using. and spoiler alert here, he did not. >> given the latest rise in surge of individuals coming to the border, when do you start to call it a crisis? that's what your agents are calling it. >> i am not spending time on the language we use. i am spending time on operational response to the situation at the border. >> okay. chairman, i know how much time -- [inaudible conversations] >> reporter: mayorkas previously conceded border numbers are on track to be the highest in 20 years, and this monday u.s. authorities encountered nearly double the number of children traveling alone as they kid on an average -- did on an average monday last month. the republicans wanted a specific tone out of this hearing. >> this meeting, this hearing for many americans watching has

just been quite nauseating thus far. the carefully read, scripted statements, i'm not sure you're here to answer questions, sir. i suspect that you're here to present the prepared narrative to the inquirers of congress. >> reporter: democrats have been quick to blame the previous administration for this trend that they're dealing with now, and president biden also denied that his campaign messaging really laid out a welcome mat as republicans are putting it for migrants to try to come to this country, david. david: thank you very much. let's get reaction from our panel. jillian, there are mixed messages, there's no question about it. we just saw the most recent example from the president himself. president biden was on abc. he said don't come, that was his message to the immigrants, and then he qualified that by saying you've got to wait until we're better prepared. so, you know, on the one hand, the immigrants are getting one message. on the other hand, you know, just wait a while which means they're going to jump the gun

and try to go in right now. you are getting mixed messages from this administration, aren't you? >> i'd agree with that. you know, i think what's really damaging here is there's an opportunity for comprehensive immigration reform, but the crisis at the border is going to undermine -- i think most americans want border security, legal immigration, and they want an opportunity for those people who want to come here and work because they're escaping horrific circumstances to have that chance. but when you have a crisis like this where facilities -- [inaudible] it just undercuts that -- david: well, and, john, you think of some of the things the previous administration did very successfully like the wait in mexico policy, that was a very tough deal to forge with the mexicans. ironically, it's with a conservative president then and a very socialist president in mexico, but they forged this wait in mexico deal. it stopped the flow. the caravans stopped from central america. it seemed to work. first thing this administration did was get rid of it.

>> yeah. and, look, jillian's right about this immigration reform. that's what's going to solve this entire mess. you know, getting rid of that one policy, look, this is just whack-a-mole. you're putting band-aids on a problem that is much bigger than this. we have h-1b visas, people that are flying in and staying over, it is tough to secure that border. i'm 100% for border security, so don't get me wrong. i'm from texas, from that area, i know it very well, and i'm 100 % for border security, but we've got to have comprehensive immigration reform. if people can come here and work legally and pay into the system, it is completely different, and it solves our immigration problem. we can have comprehensive immigration reform. david: jillian, let's talk about a part of that, that ironically i think both democrats and republicans, this may be something they agree on. president trump had the idea that you would have a merit-based immigration system the way they have in canada and australia. it works pretty well in those

countries where you would try to bring people who fill a need that we have. right now we have a tremendous need in construction, for example, in the united states. we have all these construction projects that are not going on. i think it's -- i heard a 40% figure in terms of not having the personnel for construction prompts. that seems -- projects. that seems like a perfect fit. okay, if you have this expertise, you can come in as a worker, maybe a temporary worker. i don't know how they'd work it, but they could find some deal between democrats and republicans on something like that, no? >> you know, i wish. what's really unfortunate, so if you look at the biden immigration bill, it does allow for some high-skilled workers, but there's a real need for low-skilled, and i think this immigration bill doesn't do anything to expand temporary guest immigration. and that's a real problem. because a lot of these people do want to come, work, send money

home, improve their life back where they came from. but i was very disappointed to see -- david: we, by the way, just historically we had a thing that was a guest worker program. it worked from the 1940s, started curl word war ii -- during world war ii. the unions killed it, but maybe there's a possibility of bringing it back. jillian, john, see you both later in the program, thanks very much. well, the effort to recall california governor gavin newsom is all but a sure thing as newsom slams the petition and says he will, quote, fight like hell to save his job. but will he? we'll see, coming up. ♪ ♪ ♪

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♪ >> the key component of this, and forgive me, this is just objective truth, the chief proponent of this recall petition supports putting microchips into migrants, into immigrants. david: he is now blaming the recall effort on white supremacists and people who are anti-immigrant. did you ever think as an immigrant from asia that you would be called a white

supremacist who's against immigrants? >> it's far-fetching accusation. i am a legal immigrant who came to this country through the legal process. david: congresswoman young kim responding to democratic california governor gavin newsom who is fighting for his political life existence the effort to recall his guber that toll -- gubernatorial seat. ann dunce more is the campaign manager and financier for rescue california. ann, good to see you, thank you for being here. this, i think, shows the desperation of this guy. i mean, you know, it's impossible. he is blaming anti-immigrant groups for something that is supported by an immigrant congresswoman from korea. i mean, it reeks of desperation on his part, does it not? >> very, very much. i mean, his state of the state basically was a, you know, a charade. it was really a campaign

kickoff. he's absolutely decimated the state. i wish he had fought for the independent entrepreneurs and not promoted a.b. 5 out here, i'm sure you're familiar with that. he went against the gig economy. he's calling 58% of the electorate in california, which is a blue state, he's effectively calling them racist. it's a cheap deflection for his own desperation. i mean, i don't know if you caught this, but he's even kind of blaming jerry brown a little bit because he's, quote-unquote, inherited the homeless issue, he's inherited, you know, jobless rate that's skyrocketing, he's inherited all these problems. well, okay, but he inherited them from another democrat. so, you know, we have, we have probably 36% of the electorate is no-party preference and democrats that are supporting this initiative that signed the

petition. so he can't keep doing this. it didn't work before, and it's not going to work now. of he's going to just upset people even more. this is a citizen movement. the whole reason he is falling behind is so quickly is because he failed to recognize the core issues that have been decimating families and the quality -- david: anne, let me just ask you, desperate people do desperate things. you have over 2 million signatures. that should be enough to buffer you from any problems with signatures. i think you have a, what, a 500,000 buffer in signatures. however, if he is desperate, and we know he is by what he's saying, do you expect him to do something desperate like cheat on the signature question? >> well, there's, there can be that and, unfortunately, unlike regular elections we do not get to oversee, you know, which signatures they throw out and which one we keep. we get a report and that's it.

there's nothing we can do about it. there's more scrutiny on this particular situation in a recall than there is in a regularly scheduled election. it's unbelievable. now, he can also a change laws and play with the schedule a little bit, but i'm not sure an early election or a late election is going to help him. i don't think people are going to forget what they've been through. is so it's going to be interesting to see what levers he pulls in order to get -- david: if the signatures stick and you have a recall, is there going to be a choice of candidates? are republicans united around one? what's happening on that front? >> well, i think you're going to see about, you know, the same thing you saw in 2003. you're going to see probably in the neighborhood of about a hundred. you're going to see -- my guess is this time though you're going to see some more democrats. there's been a lot of tire kicking going on. i think the whole party is nervous, and i think a lot of legislators are really looking

at whether or not they need to link their boat to his, to his problems because they may lose as a result of it. we have a lot of elections next year. david: but, again, how does the process work specifically? if the recall goes in, how many, i mean, how many candidates are going to be running, and might there be too many to come to any particular conclusion? >> i think there might be quite a few, and i think that we'll come to a conclusion. it could be a candidate that wins with just 20% of the vote. again, once one democrat gets in, there will be several more. so i do believe, i do believe he's going to get voted out, and i do believe we'll have a replacement, you know, by fall. david: art -- all right. and it could be bicoastal with governor cuomo here in new york. anne, good to see you, thank you very much. former president trump warning there may be something

even worse than tax hikes on the way. the worries about the pain at the pump. listen. >> we will no longer be energy independent. gas prices are going up at a far more rapid rate than anybody's seen in a long time. we had gas prices very low, and yet we had more energy jobs than we've ever had. ♪♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪

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at fidelity, you can have both. ♪ more than this ♪ ♪ david: tesla's stock is down a bit today as a result in rise of competition in the electric vehicles industry particularly from volkswagen. this as higher interest rates and the company's valuation also weighing on investors. federal reserve chairman jerome powell is going to be taking questions today -- not always a great thing on a post-pandemic economic outlook. edward lawrence has more, and the big question is will he say something that spooks the markets. >> reporter: yeah, it's going to to be interesting to hear what he talks about. inflation is going to be a big,

big topic for the fed chairman. looking at debt, the fiscal debt here. spending is central to president joe biden's plan for the country here. the national debt is staggering, $28 trillion with $1.9 trillion just added and plans forming for trillions more in an infrastructure package. president biden has long targeted corporations to pay more. there is also talk about raising the corporate tax rate now to 28%. the u.s. chamber of commerce vice president of tax policy and economic development says if the first tax hike in 30 years is incorporated, it would derail economic recovery. >> if we were to go back to this 28% that biden suggests, we're once again number one which is where we were before tax reform. and, you know, american exceptionalism tends to drive us to be number one. the corporate tax rate is not

something we want to be number one in. >> reporter: and treasury secretary janet yellen has talking about for the economic corporation for development about setting a global tax rate at 28% so companies will not leave one country and go to another. there are 140 countries in this group. this could go a long ways toward easing the job losses if the u.s. raises the corporate tax rate. >> the combination of the federal and state-level corporate taxes means that a 28% rate is really a 32% rate, very far out of line with that oec average, closer to 24, 25%. >> reporter: so in the past couple years countries around the world have joined the u.s. in lowering corporate tax rates to attract jobs. the u.s. is trying to push everyone back up. david? david: edward, thank you very much. well, it's not just higher income tax that may hit your wallet under the biden administration. former president trump is warning about spiking gas prices as well. listen.

>> they'll be raising taxes at the highest number that we've ever seen. it'll be the biggest tax increase in the history of our country to pay for everything. when you see gas prices going up, and they'll be going up by $1, $2, $3, if you look at that, and that's, you know, that's bigger than a tax increase. to the consumer, you get a dollar increase in gasoline -- david: let's get reaction from tax foundation president scott hodge. scott, i think the president's right, it is a form of a tax, and it's a very regressive tax because it hits the poorest hardest, right? >> well, that's right. and inflation overall is really a tax increase on americans' incomes. and so i think that a lot of economists are currently very concerned about the amount of stimulus money that's been put into the economy and what impact that's going to have on inflation overall. and i'm old enough to remember when inflation was considered a

tax on american incomes. and then if you add on top of that the tax increases that biden is talking about, that could have a very, very severe impact on the u.s. economy. david you know, i'm old enough to remember something called bracket creep, that comes into the conversation. that's when inflation forces higher salaries, but the higher your salary goes, you get bumped into a higher bracket, tax bracket and, therefore, they call it bracket creep. are we in for another round of that? >> well, let's hope not. and let's hope that we can avoid these actual tax increases as well. as was explained by your reporter, increasing the corporate tax rate would put us toward the top in terms of high tax rates. when we've analyzed the biden package when he was a candidate, we found that the biden tax increases would reduce the size of the economy -- david: it appears that he froze on us, ladies and gentlemen.

[laughter] that happens from time to time. our apologies to scott hodge. scott, thank you very much, with the tax foundation. meanwhile, bluster over the filibuster. senate republicans vowing scorched earth if democrats scrap the senate rule requiring 60 votes to advance legislation. there's a lot of hypocrisy on both sides. we'll target both of them coming up next. ♪ ♪ i have the power to lower my a1c. because i can still make my own insulin. and trulicity activates my body to release it. once-weekly trulicity is for type 2 diabetes.

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♪ >> senator manchin suggested over the weekend9 that the filibuster be not removed, but with reformed. as someone who spent decades in the senate, is that something that president biden would be supportive of? >> well, his preference is not to make changes to the filibuster. >> people have to choose between preserving the filibuster and

advancing your agenda? >> yes. here's the choice, i think you have to do it what it used to be when i first got to the senate. >> you're for bringing back the talking filibuster? >> i am. the idea, it almost is getting to the point where, you know, democracy's having a hard time functioning. david: it's not just president biden changing course, top democrat senator dick durbin has come out in favor of changes suggesting, again, the filibuster is a threat to democracy. listen to what he said in 2018, just three years ago. >> what about that nuclear option, doing away with the filibuster? >> >> well, i can tell you that would be the end of the senate going babb to our founding fathers. we have to acknowledge our respect for the minority, and that is what the senate tries to do in its procedure. david: fox news contributor kristin soltis anderson joining us with more on what this could all mean for the senate going forward.

first of all, on president biden, he just signed a $1.9 trillion bill without one little, itsy bitsy hint of compromise with the minority. and because they went through this process that doesn't allow a filibuster, they got it through as a purely partisan bill. i mean, the filibuster is the only mechanism left for any type of compromise in the senate. and he's talking about, you know, the filibuster being a threat to democracy. it may be the only thing holding the democracy up. >> you've got to ask what would people rather have, would they rather have policy passed purely along policy lines, or would they rather have government doing things with more buy-in? you actually don't see very many americans who want to eliminate the filibuster entirely. there's greater openness to something along the lines of what president biden was talking

about, reforming the filibuster, but, of course, there are practical implications as well. for instance, if you talk about bringing back the talking filibuster, that actually means less would get done in the senate. the reason the talking filibuster was eliminated in the 1970s was because just a couple of senators could prevent anything from getting done for weeks on en. so in a way, that might not soft the problem that president biden wants to solve. david: you know, there's an analogy here to what's happening with the cancel culture movement; that is, a new administration comes in, they want to just cancel everything that the previous administration did. it'll probably happen with the next republican administration as well if you keep this kind of thing going instead of talking. i, frankly are, don't like a lot of mealy-mouthed moll mission decision -- politicians that don't stick to what they're saying, on the other hand, compromise is one of the geniuses of our system. for example, look at immigration. they canceled all these things

that appeared to be working, that slowed down the immigration flow, the stay in mexico policy, just because it was done by trump, and they wanted to cancel everything that was trump-like. the filibuster is a way to get around the cancel culture, no? >> well, the filibuster, in some ways it forces more compromise, but it also means the legislative branch of government does less, and as the house and senate have ceded so much of their power to the executive, folks like president obama come in and say i'm going to govern by pen and phone. i'm going to do what i want. which means when president trump comes in, they can throw out a lot of obama's stuff. but again, if you're just governing by pen, it just means with the change of an administration, things can get thrown out again. it's important for to reclaim some of that authority from the executive, but i'm not sure that getting rid of the filibuster and changing the rules is necessarily the way to go about

it. david: everybody's looking at joe manchin, the democrat moderate -- probably the only one left in the senate -- as somebody who may stand up for the filibuster against those who want to throw it out now. but even he is getting weak-kneed and saying, well, yeah, you need to change some things around here. it sounds like they got to joe manchin, no? >> well, the winds have changed a lot within the democratic caucus overall on this issue. back in 2017 when trump took office, republicans controlled the house, the senate, and to mitch mcconnell's credit, you know, if you're an institutionalist, he had the opportunity to blow up the filibuster, he didn't do it, and democrats at the time were howling saying if you do this, again, dick durbin saying it will be the end of the senate. you had 30 democrats on a letter in 2017. fast forward a few years, only joe manchin and kyrsten sinema seem to be on that page these

days. david: there are a lot of things that democrats want to do coming in that are pretty radical and would be dumped by a filibuster rule if we keep it. one would be packing the court. a lot of democrats are pretty open about wanting to pack the court now. they think that too many republican-appointed justices got in. they also want to make washington, d.c. a state which would essentially guarantee another two senators for the democrat side. so how much of -- if they a do fiddle, justifieding with the filibuster rule, how many of these other issues could they shoe horn in? >> well, there are some of the things that you just mentioned would be deeply unpopular. packing the court, i've never seen a poll that suggests people think that's okay. but there are other things that people wanted to do, things like raise the minimum wage to $15 ap hour. many policy analysts say it would be bad policy, but it's relatively popular in polls. it's interesting to me the democrats have decided to focus their the message on the

filibuster itself when they could talk about the handful of to things that are more popular and instead making it about obstruction in getting things done. voters don't like people who want to change the rules, but they also don't like gridlock either. david: of course, the market does, but that's another issue. kristin, thank you very much. appreciate it. coming up, new york's hometown airline may be escaping to sunny florida like a lot of us want to do. why jetblue is looking at moving jobs down society. that's next. ♪ -- arms around me, baby. ♪ i just wanna fly. ♪ put your arms around me, baby, put your arms around me, baby ♪♪ r car insurance so you only pay for what you need? just get a quote at libertymutual.com. really? i'll check that out. oh yeah. i think i might get a quote.

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♪ david: air travel slowly making a comeback. more than a million passengers passed through the tsa for a sixth straight day on tuesday. lydia hu is live at knew work liberty -- newark international airport. >> reporter: hey, david. right now in terminal b is pretty quiet with, but don't rush to judgment. take a look at a couple of hours ago. lines of people waiting to check into their flights here at terminal b. many of them, they tell me, were

headed for houston this morning, signs that confidence in travel is returning. more than half of americans surveyed by aaa say they will travel in the next three months, and we have this morning brand new insight from airbnb that shows us where they may be going. take a look at this, travelers are craving outdoor experiences with space to spread out, places like southern maine and cape mays, new jersey, those are topping the list. but people also want unique places to lodge that offer a lot of privacy. check out this cottage that looks like an old country church. this is in round top, texas. and here's another one, a cozy cabin. airbnb says that cabins are the number one most desired destination for travelers this year. now, as for how people will travel, you mentioned, david, that people are returning to flying. we talked to some travelers here at newark airport about where they're going and why, they said most were traveling for fun. listen. >> we have to live our life, and

we can't be afraid of things. we're going to be cautious and careful, but we're going to also continue having life experiences that we need to have. >> reporter: now, although there's an increase in the number of people traveling by plane recently, it is down from levels we usually see this time of year as compared to, you know, the pre-pandemic times. but they are trending up. and as we are seeing this slow return, comfort with travel again, we're also learning some news about jetblue which is a new york city-based airline. they are contemplating a move south to florida following some other wall street firms that have already made that transition. and as we know, david, so many new yorkers who have already gone south. david david i know quite a few of them. thank you very much, lydia, appreciate it. some employees for new york-based jetblue may be taking a one-way flight down south. the airline is looking at office space in florida, already has some, they're looking to expand. back with jillian mel your and

john layfield. a lot of companies just don't trust new york these days. they saw what happened, how badly it's handled the pandemic, how badly it handled the riots that took place back in march and april, and they, most of all, don't trust the politicians. the politicians who invariably say they're going to raise taxes and increase regulations, and it's becoming a more dangerous place as well. so i don't know, it's going to be tough to get all these new yorkers back, don't you think? >> i think it is. i think it's going to continue to snowball in bad directions, bad for new york and good for states like florida and texas. you have a constant looming financial crisis here in new york because the state budgets with increased taxes, they can't go backwards. for example, the retired fdny is paid as much as the fdny. they've -- as the current fdny. so if you're a worker and you're

paying an extra 13, 14% to live in new york city, if you go down to florida, if you're making $100,000 here, that's an a extra $1,000 take home a month in a state that has better weather. it's a no-brainer, and unfortunately for the greatest city in the world, new york city, that's bad news. david: it is a no-brainer. jillian, it's really the same in all liberal-run cities, is it not? l.a., chicago, boston has the same kind of problem. >> yeah. but i think what andrew cuomo and bill de blasio have done to new york city is unforgivable. we made extraordinary sacrifices, shut down the economy for far too long, and it hasn't really -- [inaudible] if you look at the statistics comparing covid fatalities in new york city and florida, you know, it shows that the sacrifice we made wasn't worth it. and i think the combination of a lockdown mentality, the way that

cuomo has made decisions not based on science, but his own political fortune, combined with rising crime, combined with a tax base that's collapsing, people are leaving, it is a catastrophe for this city. and it's really heartbreaking. i think those two should be held responsible, and it should not be forgotten. david: well, john, i've lived here for 40 years. i moved in in 1980 just after we had a financial crisis, in fact, we were still in the back wash of the 1970s financial crisis, and that really continued up until giuliani. nobody saw giuliani coming. it's interesting, he had mentioned he was going to run, but you looked at times square and all the filth and degradation, you thought it was never going to change. the crime stats kept getting worse every year. and then entered rudy giuliani. i know he's got bad press recently, but he was a terrific mayor. he cleaned up the city, times square became ready for -- it's like another disneyland. went from being solid.com and go mora to disneyland.

we cut crime by 90%. it's possible that, again, it may not be in my lifetime, but it's possible that we will see another giuliani-like figure come on and change things, no? >> it's so hard predicting a black swanker you know? that's why these -- swan, you know, that's like it's like predicting covid last year. giuliani, the disney-based story that he talked them into coming, giuliani's changing the laws to get rid of all the seedy elements which was the best thing for new york city. so it really was unique to giuliani. he did a wonderful jock there. i -- job there. i believe new york city is going to come back. you're going to have the theaters reopen, restaurants reopen, but i think long-term viability, i think they're going to be hurt for a while. remember, only 44,000 people in new york city pay about 50% of the taxes. so if you lose -- of that top 1%, you really erode the tax

base which hurts new york. david: yeah. these cycles do happen all the time throughout hundreds of years. but, again, jillian, you may see it. i don't know about john and me. [laughter] we'll have to see. >> [inaudible] which is really -- david: all right. it is, it is. we will come back eventually. gang, thank you very much. texas governor greg abbott about to hold a press conference on the surge of unaccompanied minors across our southern border. it is a real tragedy. we will have a live report from the border when the second hour of "cavuto coast to coast" begins right after a short message. ♪ ♪ ♪ ♪ ♪

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♪♪ david: welcome back to "cavuto coast to coast," i'm david asman in for neil cavuto. texas governor greg abbott is just about to address reporters over the recent influx of unaccompanied minors at the border. this is the real tragedy there. this as officials are now warning the u.s. is expected to see the highest number of migrant crossings in at least two decades. we will have a live report from the border in just a minute. but first, markets are focused on the fed decision. that's going to happen at the top of the next hour. of course, charles payne will guide you through that. but the 10-year yield hitting 13-month highs today, and that has tech stocks, as you can see,

under some pressure. markets are worried about inflation. let's bring in payne capital senior wealth adviser courtney dominguez and brandon arnold. thank you for coming in. courtney, first to you. i'm wondering if the fed is actually helpless to do anything about the interest rates right now. the markets have their own mind about which the fed has no control. >> yeah, that's a good point you bring up and something we've been making sure we're talking to our clients about because the fed raising interest rates option will happen after the markets have priced that in. you're seeing interest rates are rising, the markets are already discounting that, and you're also starting to see here inflation is kicking up. you're seeing that in things like commodities prices. so just making sure that you're well positioned here as inflation continues if it seems to be, make sure you're doing that before the fed makes any decision. they're normally going to do that retroproactively. david: and, brandon --

retroactively. david: bracket creep is something that a lot of americans don't the know what the phrase means, but it essentially means -- because we haven't had inflation for a couple of decades now, serious inflation. when you have inflation, as your salary gets kicked up just to keep pace with inflation, you get kicked up to a higher tax bracket. i'm wondering whether people are prepared for that. >> probably not. i think the brackets that everybody's talking about right now probably pertain to march madness a lot more than the tax code. but that is a real problem, of course. and bracket creep isn't an issue that we've tackled for a long time because it hasn't been a major concern with inflation being relatively low. but, yeah, when you see what happens in washington, what's happened over the past year with spending about $5.5 trillion to address this coronavirus pandemic -- and it's a very real pandemic, of course -- that much money, of course, is going to create inflationary concerns, and we could be resulting in

bracket creep and people facing higher taxes as a result of doing nothing but the same thing that they've been doing for years and years. david: and, courtney, not just higher taxes, but completely different conceptions of taxes. we know about the wealth tax. frankly, i think it's unconstitutional. may not pass the muster at the supreme court. but you now have janet yellen talking about a global corporate tax, you have bernie sanders coming in with an income inequality tax. i don't know if you heard about that, but that's a whole new thing that might if affect corporations. so there are whole new types of taxes that are being talked about. >> yeah. and right now there's really nothing substantial to make sure that you're making changes on. i'm getting many, many questions about all the rumblings of the tax rate going up in the future, and realistically, taxes are very low right now compared to historical rates. so just making sure you're doing anything you can to take advantage of the tax rates we're having. like, for example, people are getting money out of iras and

things like that, creative things you can do to take advantage of what you have right now. we don't know what's going to happen, but it's definitely getting rumored. david: creative things that could be done, the words of courtney is a good way of putting it, but it also just shows if you have a lot of money, you can find ways around taxes that the vast majority of the people in this country can't. and that's why it does fall on the middle class so often despite their claims to want to soap the rich, right? >> yeah, that's right. we shouldn't have to get creative here because creativity implies we're spending too much time and energy thinking about taxes instead of the things we'd like to think about, our families, our day-to-day jobs. so it's frustrating that that's the direction we're moving in. and, of course, the wealthy are able to do so. if we were to face a wealth tax, for instance, or some other mark-to-market scheme or things brought about from washington. they'll be able to avoid a portion of that because they have lawyers, they have accountants, they can spend

their resources on these individuals to evade a considerable amount of taxes. everyday people, unfortunately, can't afford which which is why we have to keep the tax rates low. not just keeping it low for people making under $400,000, but hopefully for businesses and job creators and everybody. david: by the way, i just want to keep with you for a second here, brandon, because we have this issue where 21 state attorneys general have sent a letter to treasury secretary yellen asking for clarification about whether or not the so-called american rescue plan would strip states of their rights to either increase or lower taxes. what do you make of this, and is there an answer to that? >> yeah, this is a huge problem. it's absolutely enormous because what they did was prohibit states from cutting taxes, but they did so with broad brush strokes that even things like, you know, the $1.9 trillion package said that people don't have to pay taxes, federal taxes on about $10,000 of unemployment benefits. a lot of states want to conform

to that, but can they? it's not clear right now. they need guidance from treasury and, ultimately, what we're probably going to see is a lawsuit that's going to go all the way up to the supreme court that'll hopefully overturn this provision, but until then, people are in limbo not knowing if their unemployment benefits are going to be taxed by the state in which they reside. a big problem for millions of taxpayers -- [audio difficulty] right away. david: courtney, we just had four years of a president who's a businessman, and now we've got another, the next four years will be held by all these political insiders who don't know how to plan for the future the way business people have to. there's no way you can plan with all these questions in the air. >> i mean, i would kind of disagree with that to a certain point. when you look at the markets and you look at businesses, they do tend to perform just as well under one administration over another. at the end of the day, these businesses are still going to make sure they're running as

efficient of a business no matter what, what administration is in place right now. and, yes, there are things that they might want to change, for example, tax rates might be changing or something along those lines, but i think u.s. businesses do a very good job of being efficient kind of no matter -- [audio difficulty] david: yeah, we do that, but, courtney, you have to admit it's easier to make money and to do what you're in business doing if you can make plans for the future rather than if you don't know if there's going to be a whole new tax that you're totally unprepared for. >> if the future was certain, i'd agree with you, but i don't think we ever really have that clarity. that's why the markets are constantly changing price, because we don't know what's going to happen in the future, and you have to go with information. i agree with you, but i think that kind of is always the case. david: courtney, brandon, thank you both very much. appreciate it. we want to get back to the migrant surge at the border. griff jenkins is live from si dad juarez in mexico.

griff. >> reporter: good afternoon. let me just show you where we are in juarez, it's right on the border. you can see the rio grande river here, it separates mexico from the if u.s., but look how shallows it is. you could literally cross that just right across rock by rock possibly and not get your feet wet. on the other side, you can see where the old wall simply ends, and beyond that the train. and there is some new fencing there, but they tell me it's very easy to get across there. there's even a road that folks can drive on. i talked to a mexican national who crossed here illegally a few years ago, was picked up in a car, and he was deported recently, but he's back here. he says it's a heavily trafficked area. the entire number of crossings we're seeing all across the southwest border, and i got to talk yesterday to a migrant named nelson from honduras. and i said are you hearing from president biden's administration that you should not come, don't come right now. here's what he said.

>> translator: yes, i listen to the news that they were letting people in. >> reporter: he hasn't heard the president's message that now is not the time to come? >> no. >> reporter: and here's the thing, as we wait to hear exactly what texas governor greg abbott will say in his press conference, you have to look at the numbers. here in el paso they had 790 apprehensions in the last 24 hours. that's up 138%. every sector is simply on the rise, but the number getting the most attention is the number of unaccompanied children, 565 per day right now. that's up from 313 in february. but if you look back at the 2019 crisis, that year we averaged about 208 a day. so really quite a start thing number, a jaw-dropping number, to be honest with you. and at the end of the day, it's not going to stop anytime soon because the administration's new policy is to not expel and send back any of those children under

17. so we're looking at a crisis perhaps that's not going to see an end anytime soon. david: that's an over 200% increase in those numbers of kids that are coming over. griff, thank you very much for that report. to tennessee senator marsha blackburn who says when our nation is not concerned, every town in america becomes a border town. i agree 100%. eventually it comes home, no? >> it does come home. and we are hearing from local elected officials and law enforcement. they're seeing an uptick in the fentanyl that is on their streets, they're seeing more sex trafficking and human trafficking. but, you know, david, what we have to realize, this is the biden immigration plan. go back and look at what he said during the campaign. he expected a couple million people to come to the border. so it leads people to say what are we going to do about this, and we need to go back to

putting that remain in mexico policy back in place, those asylum protocols that we had, get 'em back in place. stop this catch and release. that's what they want so that they can just go about the country wherever they want to go. go back to building the wall. and, of course, the guard is town there on the border. -- down there on the border. nor do they want to tell you that we have people from all these different cups, and we have -- different countries, and we have caught people on the terror watch list trying to come in. those are the ones we caught. david: and to your point about the danger for cities all over america, i.c.e. is in the business of catching people who are dangerous criminals. despite the influx, the tremendous influx of people coming across the border, i.c.e. arrests are way down. 60% down from where they were right now.

60%. >> yeah. david: so you have many more immigrants, but a 60% drop in i.c.e. arrests. what does that mean about the violent criminals getting in? >> well, it tells you that they're getting in. and bear in mind president biden had time to appoint john kerry as a climate czar, but he has not put forward a nominee to head i.c.e. or the cbp or uscis. those he hasn't gotten around to yet. and we know that these criminals are getting through, and then they are somewhere. some of these cells, the fbi has told us, there are terrorist cells that are in this country. and now these people are coming through this border. this is an outrageous situation. david: right. >> and this is something that they need to address immediateliment. david: well, as we know, a lot of progressives want to

eliminate i.c.e. entirely and, of course, president biden has done a lot to try to placate the progressives. i've got to turn to china because tomorrow is the big meeting in alaska between the new secretary of state and the chinese officials. most americans view china as a real threat to the united states. given that in mind, what do you expect our team to do when they speak with the chinese directly tomorrow? >> well, i hope they have a backbone, and i hope that they do not back down and make concessions to the chinese communist party. and they need to hold them accountable for what they are doing to the hong kong freedom fighters, to taiwan, to tibet, to inner mongolia. they need to hold them accountable for the genocide that they are committing -- david: the question though, senator, is how. they've said that, they said that in a statement that just came out today. they said -- and there are certain sanctions that are going to be put in place, but the

sanctions, frankly, even though the chinese squawk about it, the chinese communist party, it doesn't really change their actions with regard to the uighurs, with regards to intentions in taiwan, etc. what do you cothat'll actually change their behavior? >> china wants to be accepted as a part of the community of nations so they can dominate the community of nations. china needs to realize that we are going to stand in that gap and that our allies are going to stand with us against them. we need to let 'em know, take, for instance, the oil that is coming from the keystone pipeline that we're going to make certain that that comes south rather than heading over to the coast and being put on tank theres and heading -- tankers and heading to china. you have to play hardball with these guys. they've been playing hardball with us. david: unfortunately, it's too late though. the president nixed the keystone pipe hawaiian are. we're sure that the -- pipeline.

we're sure that the oil is not going to travel through the u.s. it is going to go directly to china. >> well, we need to be intent on changing some minds and retracting some of these executive orderses that have been very favorable to china and not favorable to the u.s. david: interesting. >> this is why we have to make certain that when they have this meeting tomorrow, that china gets the message. sanctions, maybe they will work, more strict parameters on trade deals. they should know that. repatriating manufacturing of pharmaceuticals, microprocessors, batteries, looking at how we protect rare earth minerals. china needs to know we're going to aggressively work on this because we're going to protect our people and our economy, and we know what their game is. david: senator, i just have 15 seconds, but the attacks on the filibuster, you live and die by

the filibuster in the senate, as you well know. [laughter] will it survive these attacks on it from the democrats? >> as long as we can keep the pressure on a couple of democrats, and as long as the american people realize what is going on, that what they're trying to do, the democrats are trying to radically change this country. obama said he wanted to do it when he was president. he never got around to it, thank goodness, and we need to keep this filibuster so that we do not pass h.r. 1, the pro act, the equality act, the defund the police. this is their agenda, it is to radically change this cup. david: senator marsha blackburn, have a wonderful st. patrick's day. thank you for coming in. >> and to you. david: thank you very much, appreciate it. coming up, calling out columbia university. why the school is facing criticism for a multicultural graduation plan. from dr. alveda king. she's next.

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♪♪ david: the biden administration pledging more money to get kids back to chat. the department of health and human services announcing a $10 billion investment in screening testing for schools to help them to reopen. fox news white house correspondent peter doocy has the details. this isn't exactly more money, doesn't this come from that covid relief bill? >> reporter: yes. and, david, the idea here is just to try to give teachers and teachers unions more of an incentive to go back to school in person full time. so there is this new commitment from the d. -- the department of screaming of teachers, plus -- screening, plus to make sure there are higher standards for health in underserved areas. they are also going to put out more clear guidance about how to follow cdc rules that came out last month. the cdc has been saying if their mitigation steps are followed, students and teachers can be back in class full time right

now. the administration has promised teachers that they are prioritized for vaccines, but in many places unions have balked at the safety measures, leave parents -- leaving parents with a lot of unanswered questions. will there be summer school this year? the administration is scheduling a summit, and they are reportedly trying to appoint a reopening czar who would be able to bear the weight of some of these politically inconvenient questions from frustrated parents for the next couple of months or longer. jen psaki's going to have a quest at her briefing, the education -- guest at her briefing, the education secretary, so we hope to learn more then about 90 minutes from now. david? david: political inconvenience. there's a lot of that these days. peter, thank you very much. from getting back to school to graduating from it, columbia university announcing it's going to host six additional graduation ceremonies for students that, based on their race and other aspects of how

they identify themselves. the niece of dr. martin luther king jr. and fox news contributor dr. alveda king joining us now. so wonderful to see you. isn't this really the antithesis of your uncle's dream of being judged by the content of your character instead of the color of your skin? >> david, whatever happens, martin luther king said we must learn to live together as brothers and sisters. science has already shown that we are one human race and one blood, you see? so ethnicity should be celebrated, and we should -- communities and all of that. however, separating out graduations is dividing us, not uniting us. david: yeah. >> i think something is being missed here, and it's just very important that kids, you know, we live in a whole world with all types of ethnicities and circumstances and situations. so trying to shelter us and heal

us and bring us into little clusters, that's not the answer. david david well, it's an insult to a movement that was dedicated to ending segregation, right? >> absolutely. and i'm saying we celebrate ethnicity. we can see skin color. we're not color blind, we can see. but we need to learn to work together, to live together as brothers and sisters, as human beings and not separate. so i think it is defeating the purpose, being judged and graduated by the color of your skin? i don't think that's -- david: no. by the way, we're being told, we don't have confirmation, but it seems the main commencement ceremonies at columbia have been canceled, it'll just be these segregated ones that go on. on a lower level education wise, the "wall street journal" and new york post slamming our mayor here in new york city, bill de blasio, and his treatment of charter schools. alveda, why is new york's mayor opposing schools where minority students actually outperform the

norm? >> well, you know that little babies in the womb be allowed to be born. once they're born, they need to go to good schools, public schools, private schools, church schools, home school, all of that's good. now, why he's fighting charter schools when there are 48,300 waiting to get into charter schools right there in his territory, and, you know, ethnically -- not racially, but ethnically -- the black and latino children are reading and doing math below grade level in regular public school. i'm not mocking public schools. i think they need to be better though and to focus on really educating the children. but charter schools in new york show great successes. so i don't get why he's knocking charter schools. david: i don't either. and, you know, there's a money aspect to this too. the regular public schools cost $30,000 per kid to put a kid in

school in new york. a charter school's about half as much money, and they do so much better. the results, if you judge better by the results, which i do -- [laughter] i mean, you can have all kinds of fancy equipment and so forth and fancy teachers, but if the results are not as good as another school that spends as much -- half as much, i'd go for the other school. and parents should have the choice, that's the bottom line, right? >> parents, whether you're progressive, liberal, conservative, whatever your religion, your faith is, we need to educate our children and equip them for the future. they're already leaders in their own little circles, children are, and they need to be developed properly and educated properly. so i don't know what's wrong with mr. de blasio, why is he knocking charter schools. david: yeah. well, i would throw out that the teachers unions also knock charter schools, and if you want to question a politician about education, you have to go through the teachers unions because they support them so

much. >> yeah. david: dr. alveda king, great to have you here. what a wonderful prophet you are. appreciate you being here. thank you very much. >> thank you. david: well, after the break it's the digital collectible craze driving the internet crazy. why nonfungible tokens are fetching millions online. it's a complex subject, but susan li will explain9. that's next. ♪ ♪ 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. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're binge learning. see how you can become a smarter investor

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this isn't just freight. these aren't just shipments. they're promises. promises of all shapes and sizes. each with a time and a place they've been promised to be. a promise is everything to old dominion, because it means everything to you. ♪ david important you listen to the music that you're listening to the, believe it or not, has something to do with a story, it's not just filler. big bucks, elon musk turning

down a $1.1 million offer to buy one of his tweets as a nonfungible token. it's called an nft the, nonfungible token. this as other companies are now getting swept up in the digital collectible craze. susan li has more on what is driving this trend and the big bucks behind it, and you're going to have to explain it very slowly, because i can't figure it out. [laughter] >> yeah, it's complicated. it's art, music, even tweets as jack dorsey is auctioning off. a lot of viewer questions to explain exactly what nfts are. it stands for nonfungible tokens. nonfungible means one of a kind, absolutely uniquement for instance, there's only one mona lisa. on the other hand, gold bars are fungible, meaning there are many, not just one. make sense? okay. the best thing about these nfts is that they are 100% verifiable, and they're verified by using the underlying

technology called blockchain. blockchain is a digital ledger that will show you who owns this token, where it's been whether it's art, songs or tweets, and that means there can't be a knockoff, no forgeries. so it's a fast growing business worth over a quarter of a billion last year. we're up 300% from 2019, and it's attracting record-breaking interest. $69 million for this piece of art last week at a christie's auction. third highest ever paid for artwork from a living artist. "gronk", rob gronkowski, is, of course, the first athlete to sell his collector card by nft, and jack dorsey of twitter fame auctioning off his first-ever tweet, $2.5 million at last count. and, of course, how could we miss elon musk. he did say no thank you to that $1.1 million for his tech know video and song, but his girlfriend grimes also selling

her songs and video, $6 million for one in just 20 minutes. so anything can be sold in an nft. and the benefit is being able to track and trace. it also benefits the artist. you're able to get those 10% retail commissions wherever it goes and who buys it next so you can track. the bottom line, david, with $1.9 trillion in stimulus, record stock markets, ultra low interest rates, money has to go somewhere, and, yes, it's going into these nfts. david: count me out and the rates and i think eventually somebody's going find a way to copy these things. susan: that's blockchain technology. david: they'll figure out a way. susan, thank you very much. good stuff. meanwhile, we are less than 30 minutes away from the fed's latest forecast on the economy. our own charlie gasparino reporting that investors are growing increasingly worried about a potential global minimum tax. charlie, what could possibly go wrong with that? >> well, you know --

[laughter] i was just thinking 0% interest rates spawn a lot of stupid stuff. [laughter] david david i'll say. so do politicians. >> yeah, i know, i agree. willlisten, there are four hors, potential horsemen of the apocalypse. you know, nasdaq is off today. one of them is the unionization of amazon. clearly, that's a worry that investors are talking about. same r -- save that for another segment since amazon has grown dramatically. unionization would put a hit into its bottom line. interest rate worries, again, that has, that's another one of the apocalypse horsemen, and jerome powell's going to talk about that today. remember, the fed doesn't control all interest rates, right? the market controls them. you think you're getting inflation, the market will sell off bonds as doing now. the next horseman is antitrust

battle. that was in the trump administration, it's here now. and here's the last one and this, again, is indirectly and, largely, and multi-national companies, it's a global minimum tax. take those four things together, and you do, you could get a real selloff in the nasdaq. now, what is this global minimum tax? it's basically countries agreeing on a set floor for their tax rates. so so amazon, for example, or apple cannot seek tax havens overseas. hungary has a lower corporate tax rate than france or the u.s., vice versa. everybody agrees that you get taxed overseas at 12% or so. that's the number that they're using. it would take a big hit out of the earnings of these tech companies. and i'll tell you this, david, two things are going on here. number one, it's the need for revenues because the biden administration has expansive plans particularly for infrastructure. the other thing it makes me

think that they are trying, essentially, to not just balance the budget these days, just expand government in such massive ways that they'll look for every nook and cranny for a revenue source. and this is one of them. david: wow. >> because if they don't, you could get literally a run on the dollar given how much spending they are proposing and with the potential for inflation. i have two vacations planned for the next couple months after my vaccine. i'm not alone. that's what's going to happen. david: yeah. >> the economy could go through the roof and create massive inflation. david: yeah. which is why it's surprising you don't see gold going up more -- >> that is weird. david: that's a whole different subject. >> that's a whole different ball game -- david: taxes are enough to worry about right now. let's not worry about the other stuff right at this moment. thank you very much. well, texas governor greg abbott just wrapping a press conference on the border crisis right now.

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♪ >> these sites are a direct result of president biden's reckless open boarer policies -- border policies that are causing a surge in border crossings and cartel activity. david: that was texas governor greg abbott just moments ago at a press conference in dallas as migrants continue to flood the u.s./mexico border at the highest rate many about 20 years. let's go to casey stegall live in mission, texas. casey. >> reporter: yeah, david. in fact, governor abbott went on to say that texas is essentially taking up -- picking up the ball and picking up where the federal government has dropped the ball and where the government is

slacking, he says, in terms of them being responsible for the immigration issue. but now texas is having to step in and help provide some resources. we are also learning that the first batch of migrant children have now arrived at the dallas convention center. remember this week we were telling you about how a portion of that facility in downtown dallas was being converted into a temporary holding facility for up to 3,000 migrant teen boys. as the federal government scrounges for even more pop-up locations to house these unaccompanied miners, well, this morning homeland security secretary alejandro mayorkas described it as a round the clock operation. >> the situation is undoubtedly difficult. we are working around the clock to manage it, and it will take time, but we will not wave in our commitment to succeed. that is our job.

>> reporter: now, the secretary says that adult migrants and family units apprehended in this country, they are being sent back to mexico. but those unaccompanied minors stay. and then they get transferred into the department of health and human services and the office of refugee resettlement which is under hhs. and those organizations oversee and run at least a hundred different juvenile decenters in about -- detention centers in about 16 or 17 different states. david? david: casey stegall live in texas. casey, thank you very much. we're just getting reports, by the way, that the irs is planning to delay tax deadlines to mid may after what they call a chaos withic year, to say the very least. so you may get a break. we haven't had it confirmed, but you may get a break on the deadline for your taxes for the year 2020 to mid may rather than, of course, april 15th.

coming up, the show must go on in music city. connell mcshane giving us a preview of how the grand old opry is making that happen in nashville. connell? >> reporter: you know it's a good sign when the live music venues start to come back. here we are i one year after the pandemic, that's exactly what's happening here. we'll have the story live for you when "cavuto coast to coast" continues from nashville, tennessee. we'll be right back. ♪ ♪

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david: pushing right through the pandec blues, nashville's grand ole opry turning to virtual concerts to keep the music going in music city during the lockdowns. connell mcshane is live at the grand ole opry in nashville. connell. >> reporter: i think in a lot of ways, david, this is just another example of a business that did not let the pandemic shut it down. the grand ole opry had this remarkable streak coming into march of 2020. that streak? still alive. it's the cathedral of country music, the grand ole opry. ♪ ♪ >> live shows with the biggest stars every saturday night since

1925. then covid hits, and that streak could have been in jeopardy. >> it was pretty harrowing. but, look, you know, we didn't panic as a company, and we got through it. >> colin reid runs the opry's parent company, and he knew with a chance to hit 5,000 straight saturdays later this year, the show must go on. >> welcome back to the grand ole opry live on the grand ole opry stage without an audience sitting here. >> country star craig morgan has played the opry more than 200 times, but now he's done it in an empty building for a live stream. >> it was extremely odd. we're so used to a big with audience, and the opry -- i don't remember ever playing it when it wasn't sellout. >> a sellout is about 1100. the city of nashville and its vibrant music scene has taken a huge hit over the last year. thanks to a solid balance sheet coming in, the opry's done its

part to help out starting a charitable campaign to help struggling artists. now it's only a matter of time until the cathedral itself is packed again. >> it'll feel good, it'll feel normal, and i know that's going to happen. and i think it's going to happen sooner rather than later. >> hopefully in the third quarter we will be blowing and going here. >> reporter: you know, they had things going in here last night. it was the first time on a tuesday night that they had a live show in about a year. and, you know, again, david, if things keep improving, kind of a full house here at the opry at some point this year. that's the hope. david: i love that a place. that is the most american music hall in the world. there's no place more americana than the grand ole op are -- opry. enjoy that town. it's a brilliant town. all right, things are starting to pick up for the travel industry as the e.u. unveils its reopening plan. of course, something people are calling vaccine passes, how do they work?

travel expert mark murphy is here with the impact they will have. mark, good to see you. a lot of people don't like this idea, particularly folks who aren't expecting to get a vaccine or hope they can live without one and still travel. how will they work, first of all? are they going to be attached to your passport or what? >> not to your passport, because those are government issued. there's apps and other things they're developing that will basically tell the world that, hey, i've been vaccinated or i've already had covid or, you know, i have a reason why i can't be vaccinated. i think the biggest issue people are with this passport concept is health privacy. so how do you keep your health private when you're being required to carry what's considered a vaccine passport. and here's another question, what about all these other ailments over the years and you grow up and there's anti-vaccers, where is the passport for those folks bringing maybe measles to a cup? that's what the countries are in the marketplace -- to a country.

i think when you do something like this, you're going to basically tell a good chunk of the population that doesn't want to get vaccinated because they're young, they're healthy, they want to have kids, etc.,king that they can't travel. so that, i think, is going to be an interim step. i don't think it's going to be a long-term solution especially as we see the rapid decline in cases, rapid decline in deaths that we're seeing here in the u.s. david: i hope you're right. by the way, to your earlier point, i was in bolivia once, i used to cover latin america. i was traveling in bolivia, i was in la paz, and before they would let me get on the plane, they said have you had your yellow fever shot, and i said no. they took me into this room, and this nurse came in with what looked like a hyperdeterminic that had been used about a hundred times before, and i said how much is it going to take for me to avoid taking that shot. [laughter] the only time i ever did that, but i wasn't about to get that hypodermic in my arm. there are the all kinds of

scenarios here that are very distasteful. >> yes. correct. and that's the challenge. so, you know, with sars, ebola, mers, all these other things, zika, or they're all still out there, and they're all still circulating. so the question becomes even if you get vaccinated, you know, we don't even know if you can still transmit it to or not transmit it. so it's not, you know, a cure-all. the great news for the travel industry, it's a step towards reopening, getting back to normalcy. i think the next thing we're going to see is the cruise business, you know, start getting back on track. you know, there are certain things you can do, like we can pack people onto a plane, some airlines i doubt will keep that middle seat open, but for some reason you can't get on a cruise ship, that doesn't make sense in terms of the spacing that you can have on a cruise ship that you can't have on the airplane. we haven't seen anything that says travel is a known spreader,

and that's the good thing. david: the air changes like once every 60 seconds. mike murphy, thank you for explaining that to us. >> you're welcome, david. david: bon voyage. financial stocks rising along with 10-year treasury yields as investors await the fed's latest forecast on the economy. more cavuto coast to coast right after this.

twenty-three with, you really do get very important decisions from the vatican again. charlie's an opinion and mr. powell ahead of the fed could affect the ten year treasury rate, they are up five basis points right now predict man charles is here to take you through what mr. powell has to say. charles. it. >> this is certainly the blue man my friend, thank you very much and good afternoon everyone my name is charles and is making money. all eyes are on the fence striking investors with the industrial material and financial, is looking the dow jones industrial average higher. but not enough to keep the s&p in the negative territory. of course make a growth so once again under significant pressure making the nasdaq the biggest loser. all-star panel to get you through this and were going to weigh the risks, the rewards and opportunities plus we going to finally learn more about this more important than ever and

from dave himself at the bottom of the hour. i think it could make or break his legacy as chairman and all of that and so much more on making money so right now let's go to washington dc everyone prayed live with the decision edward. >> coming out with her decision about three or two seconds and one now if i'm going to take the federal reserve leaves all of his tools to support the economy in the state leaving the right where they are the moments in the treasuries at $1,120,000,000,000 per month and one major change is this. following in moderation in the case of recovery, indicators of economic activity and employment has turned up recently although the sectors must affected by the pandemic remains weak. and when inflation continues to read below the 2 percent but what was removed from this statement was this like a malign saying that we can demand is decline in oil prices have been holding down consumer price inflation so that line is gone. the federal reserve gives gdp