stuart: you know how you put your loose change on the conveyor belt when you go through the metal detect tears at the air for the? the tsa picked up $926,000 worth of left over spare change. amazing. jackie deangelis in for neil today. jackie: i'm jackie deangelis in for neil cavuto. this is cavuto "coast to coast." why a bombshell from the "new york post" is causing some controversy over getting kids back to school. the trucking industry suffering from a shortage of drivers. that could lead to a fuel fiasco next time you try to fill up.

the milwaukee bucks looking to help get fans vaccinated. we'll talk to the president of the milwaukee bucks coming up. first let's get to the white house. it is spending a lot of money a big spending spree, president biden hitting the road to drum up support for massive spending bills that could hit taxpayers with a 4 trillion-dollar price tag, is looking going it alone on another costly federal program. fox business's blake burman is live at the white house to break it all down for us. hi, break. reporter: jackie, a pretty regular cadence for president biden. he unveiled the american families plan, the american jobs plan at the joint session of congress and hit the road in georgia, pennsylvania. today he is in virginia to tout both of those plans. the american families plan tries to extend educational opportunities and cut down child care costs by raising taxes on the wealthy.

even democrats in high-taxed states have issues. that is because they want the salt cap, the deduction cap on state and local taxes to be repealed. they are threatening not to support the plan if it does not include that change. >> bottom line is, we love the president's plan to do things big and bold and build back better and make the country better than it has ever been before but no s.a.l.t., no deal. >> yeah, i agree, no s.a.l.t., no deal. if you will hit our families here in jersey, change the tax code. reporter: so far the president has been traveling to swing states to sell these packages. on thursday he will travel to louisiana to try to pitch the american jobs plan that of course is the infrastructure package to potentially be paid for by raising taxes. republicans say, they will work with the president on the measure so long as it is targeted and paid for via other means. >> now, we can fix it if we

stick to a, infrastructure, and b, we have serious discussions about how to pay for it. i can tell you how we can pay for it. we can reduce some of our spending. reporter: this theme will continue over here at the white house this week, jackie, as the president will end the work week on friday by giving a speech on the economy. jackie. jackie: we will be watching, blake burman thank you very much. stocks on wall street soaring on the first day of trading in may. the dow is up 300 points as investors holding more stocks than ever before. will the tax-and-spend plans discourage people from contributing to the market? let's ask hal lambert and danielle shay. they usually say sell in may, go away. that is non-pandemic year, non-could have individual year.

doesn't look like anything. >> more money coming from washington. so that is what is driving this market. it is expensive right now. we're 23 times earnings on the s&p this year. 21 times earnings for 2022. so it is not cheap. there is nowhere to go with money, sitting in cash, hey we'll have inflation. you're already seeing it across the board. lumber prices are up 350% from last year. just 67% just year-to-date. so you're talking huge price increases in things like cost of homes. looking at price increases on copper. looking at price increases on steel. there is inflation coming and the only way to try to fight it is have some exposure to the equity markets. so that is what you're seeing. people will continue to buy. jackie: that's true. let's talk about some of those factors a little bit more, danielle there is worry about inflation. tax-and-spend policies coming

up. that will only exacerbate the problem. wealthy percentage of this population will be target of those tax hikes trying to seek shelter right now but not so phased by the prospect these hikes are coming. your thoughts? >> so right now, i'm just looking at the fact we don't actually know when these tax hikes are going to take in effect. so for that reason i'm looking at the stock market new all-time highs, okay, yes we saw a little bit of a pullback on the initial news. but now investors know a little bit about what is coming. no reason for them to sell right now. however, what my concern is over the long term 1% they're not stupid. if the tax, if the stock market is going to be taxed significantly more than let's say real estate or bitcoin, or gold and silver, they're not going to continue putting the majority of their money into the stock market when they can pick another investment vehicle. so as of right now it is not

concerning to me. but i'm talking about long term what are the impacts of this tax bill. jackie: we just flashed a breakdown of the spending there. we're talking about $6 trillion. there are a lot of different programs that the president wants to champion here. in a sound bite blake played in his report, we were just talking about the s.a.l.t. aspect, for example. the democrats are saying we want that to be reversed, right? the president is saying, you know, i will work with you but i got to find a way to pay for what you want and everything that i want too. that is just a lot. >> well, you know that's actually kind of a fantasy thing. they will not really going to try to pay for this. they will tack it on to the debt. they know taxes they're talking about won't pay for $6 trillion. it is interesting to see democratic senators, democratic congressman saying they want the s.a.l.t. tax reduction back yet it is purely for the wealthy, right? that is for the wealthy.

they're saying we have to tax the wealthy more. all about their constituents. i would say this, $6 trillion in expenditures. we don't need it. we don't need that much money put into the the economy. there are job shortages right now. what needs to happen, they extended unemployment benefits further out. people are not incentivized to go back to work. we can't staff businesses right now. that is what needs to happen, we need people working again, not waiting for government checks. that is the number one thing they can do right now, instead of trying to spend money on things like child care and other things they want to spend it on. jackie: final thought to you, danielle. that is part of the push pull. america is ready to be open for business fully, for some reason, many political reasons let's say not all states are. >> yes, that is absolutely true and i'm here in texas and we've been open for a while. things are going really well here in texas. people are happy. there is a lot of optimism going

on. the country is reoptimistic about reopening so that is why we're seeing the stock market strong. that is great for now. over the long term, spending, inflation, it will cause big problems down the road. jackie: great to see you, guys. thank you so much. we'll come back later in the program. i want to switch gears on the program. we have a new report revealing one of the largest teachers unions using its influence to put lobby the cdc on school reopenings even before official guidelines were released. newly obtained emails by the "new york post," american federation of teachers leadership telling the cdc they feel their experience can inform and enrich thinking on future guidance. here to react to that, reason foundation director of school choice, cory deangelis. no relation that i know of. your reaction to the teachers unions trying to interact with the cdc this way, in the midst

of the throes of the pandemic everybody was saying follow the science. that is what the cdc is there to set out guidelines. teachers unions, they have can have thoughts, input, opinions but they shouldn't be influencing in any way, correct? >> yeah, they shouldn't be influencing it but we all knew this all along and this really confirms all along that the whole school reopening debate has been more to do with political partisanship and power dynamics than safety and needs of families. we have evidence across the country, six studies, i did the first one with mit's mccready, looking over 10,000 public school districts across the country, places with stronger teachers unions statistically, substantially less likely to reopen their doors for in person instruction after controlling for dem graphics in the area, politics in the area, covid risk in the area. we found there was no statistically significant relationship between reopening

decisions and the risk of the virus in the area. there is a handful of studies finding this as well. doesn't have to do with the needs of families or even the science t has to do with politics and power. jackie: i just want to respond to that read you a statement that fox obtained from the american federation for teachers on this specific issue. they say, quote, the aft represents 1.7 million educators, health care professionals and public employees who spent the last 14 months serving on the front lines of the covid-19 pandemic. so naturally we have been in regular touch with the agencies setting policy that affects their work and lives including the cdc. some people will say, we don't have a problem you've been in touch with the agencies, you're having that kind of communication, but those words, setting policy, is that appropriate? >> that is the problem here. i think the teachers unions have essentially overplayed their hand in the past year, showed their true colors. families are starting to wake up. they're realizing that they have gotten a bad deal all along when

it comes to k-12 education, they're finally starting to realize there is no good reason to fund institutions, particularly closed buildings when you can fund students directly instead. there are three nationwide polls finding huge surges in support for educational freedom, what i call funding students directly as opposed to systems. we have 30 states have bills in play to fund students as opposed to systems. a handful of those states already signed those bills into law. so school choice is on the way all across the nation right now. i think it is teachers unions own fault. all they they have done a lot of bad the past year, the one silver lining they have done more to advance the concept of school choice than anyone could have ever imagined. jackie: that is interesting. cory, i want to ask you this, i use new york city, new york, as an example comparing the other states and the rest of country essentially. some parents here in new york city were even protesting reopening of schools fully in september.

this coming as "the new york times" columnist is writing, that the lack of normal school something particularly hurting mothers, right? there is this push and pull we've got to get kids back to school so the parents can get back to work, so that mothers who are the primary caretakers in many cases can get back to resuming their daily activities as well. your thoughts, reactions to the notion that schools shouldn't even reopen this fall? >> well look, it has been over a year and kids are losing ground academically, mentally, physically. as you noted, adverse labor market effects happening as well. females more likely to leave the labor force. look, i'm in florida right now. florida has been able to figure it out. they spend 30% less than the national average per pupil in their public schools. they have much, not as strong teachers unions as they are in new york city or in in california and they have been able to do it. all families have the option for full-time in-person instruction.

every family should have the opportunity. i will say the whole school reopening debate has been more about what type of options, least advantaged in society should have because the most advantaged were able to pick up and pay for private school, tuition and fees out-of-pocket, more than happy to offer in-person instruction. they were able to access pandemic and micro schools. all families should have the options. one good way to do that, open all the schools for every student, give them that choice. two, if you fund students directly, families would be empowered to actually seek out alternatives to the status quo. jackie: interesting. cory deangelis, good to see you. thank you for your insight. >> thank you. jackie: we'll talk to you soon. meantime 9 milwaukee bucks are help towing get vaccines in the arms of fans. the president of that organization is on next what the vaccine push could be getting more fans in the stands. ♪.

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the tri-state area later this month. jonathan serrie with us with the latest. reporter: hi, there, jackie, this involves capacity restrictions not only in restaurant dining rooms but places like museums and theaters on may 19th. most of those capacity restrictions will be lifted according to the governor. the stipulation being customers still need to be able to maintain six feet of social distancing or have some sort of barrier in place. meanwhile former fda commissioner scott gottlieb has some favorable predictions for the warm southern summer months which he says will lock in some of the gains the u.s. has made against the coronavirus. take a listen. >> the situation in the u.s. continues to improve and i think in the coming weeks we'll see an acceleration in the decline in cases. one of the big reasons is vaccination. reporter: more than 56% of u.s. adults received one covid shot

and more than 40% are fully vaccinated. nevertheless new york city workers are protesting mayor de blasio to send them back to their offices today, saying it is unsafe until more people get vaccinated. some school districts including ohio, are relaxing the approach to the cdc quarantine guidelines, growing evidence says it is safe for teachers and students to return to class even after a possible exposure as long as masks, other safety measures are in place. despite improvement in the u.s. cases are surging in india, causing vaccine shortages in that part of the country. bernie sanders is calling for pharmaceutical to relinquish intellectual property rights on covid vaccines so third party manufacturers can ramp up supply. >> morley objectionable about rich countries being able to get the vaccine and millions and billions of people in poor countries are unable to afford it. reporter: white house officials

are taking a more nuanced approach but they say they are working to improve the world's vaccine supply. jackie: jonathan serrie, thank you so much. players were not the only ones taking shots at yesterday's milwaukee bucks game. the team offering the covid-19 vaccine to fans at the arena. here now to discuss it, milwaukee bucks president peter fagan. peter, great to see you. that is amazing. you could go to the game 20 or 30 minutes early, get your first dose of pfizer vaccine before you go in. it's a central place. you know, a lot of people are drawn to come to the games. tell me the logistics how you were able to get this together working with the health department. >> this is a partnership, all the professional teams, restaurants, where we're trying to aggregate the public. these are places now, that there are thousands of people together. we worked with the health department to figure out how can we actually activate this in a very good way, really created a

inoculation center right away. so we had, we did several hundred yesterday. we think we opened up our district. we sit in a 30-acre district we developed and we started to do it outside as well and these are the ways we chip away, continue to get the vaccination numbers up. jackie: i'm curious what the reaction was to fans that were coming to the game? you mentioned several hundred actually got the shot. on a percentage basis of those who attended, do you have a sense how many that was? >> about five or 7%. i think it is the first time. i think it is ease of use. people are little bit taken they can now after weeks of kind of having different segments of the population being able to, to be validated to get the vaccine, now it is everybody. jackie: yeah. >> so it was day one of really making it really available. jackie: what capacity are you at within the stadium? because i'm guessing part of the story here getting back in full, getting fans in, getting people

vaccinated that is the only way, to eventually get to 100%? >> yeah, absolutely. what people aren't talking about really for us it is social distancing. we're 20% capacity but we're really stuck in an arena that is pretty tight. so unless the social distancing goes down from six feet to three feet or to shoulder to shoulder, our capacity can't really go up that much. maybe we can get to 40% of capacity but professional arenas, stadiums if they have to keep social distancing at six feet are really limited to the total capacity. jackie: really quick, any sense that you had or feeling a sense of maybe some criticism coming from the fans because the issue of vaccines at this point has become a little political. there are those out there saying i want to come to the game and i'm not getting a vaccine, i don't need to have that in my face? >> no. i think this is agnostic. we kind of put it out there as a real opportunity. we want to make it ease of use,

customer service type of event, so those who wanted it got it. those who did not get it were certainly left alone to enjoy the game. jackie: all right, before i let you go we're covering the nba 4 billion-dollar partnership with china this week as the basketball is expected to participate in china's international consumer products expo. there are many critics accusing the nba looking to the other way of when it comes to china treatment of citizens, uyghurs, for example, i'm wondering as a team leader, if there is any concern on your part what you think of this? >> you know. adam silver led us through decades of growth around the world with the nba, media exposure, our fan base, asia, specifically china is one of our growing, growing fan bases. we see growth everywhere around the world, there are challenges and but we have a solid relationship that continues to grow specifically in asia so we're very bullish on it.

jackie: all right. fair enough. great to see you this afternoon, thank you so much for your time, peter. >> thank you. jackie: okay. coming up, tragedy off the coast of california after a boat capsizes. why border officials are warning all signs point to a dangerous smuggling operation. ♪. there are many names for enthusiast but there's only one way to become one. by going all in. the lexus is. all in on the sports sedan. experience amazing at your lexus dealer.

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♪. >> we had two jet-skis, three rescue boats coming. we picked up about seven people in the water. two of them were face down. once we saw it would be a bigger situation with more people, numbers kept on increasing. we called for more resources. our goal was to rescue everyone we can from the water and all on the beach, get them safely transported to the hospital as quick as we can. jackie: local officials describing the scene of that deadly boat crash after a suspected smuggling vessel capsized off the coast of san diego over the weekend.

jonathan hunt joins us with the latest developments there. jonathan. reporter: hey, jackie. lifeguards, the u.s. coast guard and multiple other agencies scrambled to the respond to unfolding disaster off the coast of san diego, finding dozens of people in the water, some already dead. >> 28 years of working never seen anything like this, a call of this magnitude. reporter: video from the scene appears the to show the boat got close to shore, but was battered by waves and began to break apart as some of the large group of people crammed on to the 40-foot boat jumped into the water to try to save themselves. >> saw people getting sucked out, floating out. some were face down. then a whole bunch of people down below along the base of the cliff there. reporter: around 27 people were taken to the hospital where they were interviewed by border patrol agents. among those interviewed, a man agents identified as the captain and a suspected smuggler.

just last week border officials stop ad boat 11 miles off the san diego coast with 21 people on board. all were mexican citizens were no legal status to enter the u.s. on friday, border patrol ramped up operations to disrupt human smuggling by sea off the san diego coast, a route that is well-used for illegal immigration and drug smuggling. >> we've seen this kind of ebb and flow up and down throughout the years but these last couple of years we've seen a dramatic increase. reporter: that increase, about 92% from 2019 to 2020 and as warmer weather comes to the area there is a real concern among border agents that this type of human smuggling, clearly very dangerous, will ramp up even further just as we're also seeing a surge of illegal immigrants across the land border from mexico. jackie? jackie: jonathan hunt, thank you

so much for that. this of course coming on top of 90 people found crammed inside of a houston home in a suspected smuggling case just last friday. joining us now tennessee republican senator marsha blackburn. senator blackburn, always great to see you. you look at some of these stories, it gives you a sense the kind of human tragedy that occurs when the administration is sending a message that we're open for business? >> that is exactly right and what we have seen is such a ramp up, being down on the border, seeing this first-hand, talking to local elected officials, talking to individuals that live in these communities. jackie, they will tell you this is a humanitarian crisis like they have never seen before. what we have to realize is, this is joe biden's immigration policy. this is his worder policy. he ended construction of the wall. he ended the migrant protection

protocols that president trump had in place and because of that you're exactly right, people feel as if they have been invited to come to this border and, god bless our men and women in the border patrol. they have an unbelievably difficult task. jackie: they do. >> as do all of our local elected officials on that border. jackie: senator, let me ask you this, you've got vice president can kamala harris tasked with handling this crisis which it is indeed is. what she says she is focused on is the root causes, not really addressing what is happening right now, these examples of stories we're telling you where people are actually getting hurt. some are saying what the administration is doing to your point this is just part of its policy, the longer this goes on, the longer that customs and border patrol down there and local law enforcement agencies deal with this, the more it becomes status quo, the more it

becomes to a certain degree, whether some people will ever accept it the answer is no, but it becomes what we do, the business that we deal with on a daily basis. that is the concern here, nothing really will ever be done about it? >> that is the concern and people that live on the border continue to tell sheriffs around the country, every town is a border town. every state is a border state because while these migrants are coming into these border communities, they're being put on buses, planes. they're going to -- drug cartels are emboldened. they are setting up opportunities and headquarters around our country, on u.s. soil. these children and women that are coming in, the sex abuse that is taking place, this is a heart-breaking situation and we should have the vice president down at the border to hear first-hand some of these stories

and should we be dealing with the northern triangle countries? absolutely. you can't just write a check, put money on it, and say done. there are issues with the communists. there are issues that are there with the cartels. these have to be addressed in the countries. there has to be some shared responsibility and some accountability. jackie: i will add to that, senator blackburn, that vice president kamala harris, she can't meet face-to-face with the leaders she needs to because of what is happening with covid. having said that, i would like you to stay right there for us. i want to get your take on this next topic. the nba is expected to take part in the south china international expo amid criticism that the lead is too cozy with the communist party. fox business's edward lawrence has those details for us. hi, edward. reporter: nba is seeing money. going to the first annual international consumer products expo in china could be seen as a

way back into the market. one tweet in 2019 supporting hong kong protesters pushing for freedom got the league banned that has been removed. the league sent one million dollars in medical supplies to the chinese communist party for acts of goodwill to talk about airing games in china. in a letter, talking to senator marsha blackburn in a letter to her, adam silver says the loss of revenue is significant. in the letter hundreds of millions of dollars has been lost. talks for a new tv contract have not included restrictions on speech. we saw what one critical tweet did, silencing the nba. the silence of the chinese abuses goes farther than just the nba. nba players, especially superstar lebron james quick to jump on issues in the u.s. but not for issues in china. lebron james pictured a you're

next before the facts came out of the shooting after the officer killed the teen in the act of stabbing another teen. lebron has not tweeted about one million uyghurs in prison camps in china because of their beliefs. the state department says the treatment of uyghurs in china is crimes against humanity. canada, the united kingdom joined a statement from the u.s. calling the situation houma rights violations and abuses. no tweets from the league, nothing from players. although the league is allowing players to put social justice measures on the jerseys aimed at u.s. chinese native chloe zhao won the best director oscar. she has been erased from the internet n 2013 she gave an interview, from china, gave an interview china is a place where lies are everywhere. she has been erase. jackie: she was canceled. she was canceled. edward lawrence thank you very

much. tennessee senator marsha blackburn is still with us. you've been outspoken on the chinese issue not just on the nba. also on the winter olympics, americans are willing to look the other way when it comes to major, major amounts of revenue. >> you know jackie, i thought it was significant that the l.a. police union asked that the league censure and deal with lebron james just a week or so ago. they wanted to make certain that this is dealt with because obvious actions. you know, you have you have the nba continuing to cozy up with china. they have want to get back on china tv because they're putting the dollar ahead of holding china accountable for the genocide that is taking place against the uyghurs there in shin province, what they did to

darrell more ray for a tweet supporting hong kong freedom fighters. china tv takes them down. what we want to know is what is the deal nba struck with chinese tv? we know the chinese communist party is intent on global domination. they are not our friend. they are our adversary. we need for the big tech and big business companies to realize they are not helping the cause of freedom and the cause of our country when they're cozy with china. jackie: senator blackburn, president trump, former president trump had taken a big stand against china. drawing major red lines not allowing them to be crossed but that all seems to appear to be going by the wayside at this point. we appreciate your time today. always great to see you. >> good to see you, thank you. jackie: all right. drivers could be facing more pain at the pump this summer but it is not because of a lack of

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shortage of 50,000 truck drivers. if you look at numbers in the tank truck industry, 20, 25% of the trucks are sitting idle because they don't have people to drive them right now. phil flynn is our oil and gas expert. so we don't want to alarm people but we could expect prices to rise and there to be shortages at the pump over the summer. >> absolutely. we're already seeing it in different places. this is the downside of the extended unemployment benefits and you know stimulus checks. more and more people don't want to go to workers specially when it comes to tanker truck drivers. they have a tough job. they have a lot of rigorous training, certification. they have a lot of responsibility. if something goes wrong it is on their head, they don't want to do it. >> you mentioned the training, it takes six months to get a license to drive one of these trucks. even if we had the people today, we couldn't solve the problem by summertime. >> we'll not solve it this summer. maybe not the summer after because we're looking at the entire trucking industry with a shortage of drivers. they will have to make it a lot

more attractive for these drivers to become tanker truck driver. that means higher prices and higher gas prices to make it work. reporter: jackie, gas is pretty expensive in illinois, 3.23 at this rest stop. the national average is 2.90. phil says expect to pay 3.50 at the pump across the country if the shortage doesn't get resolved. jackie: absolutely. i wouldn't be surprised. there will be a lot of demand for gasoline this summer after the pandemic, being couped up. just the regular summer travel season. thanks for watching, grady trimble. harsh words that berkshire hathaway's vice chairman has for the cryptocurrency coming up next. ♪.

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♪. jackie: welcome back. here comes the twitter mob. more and more people are speaking up as cancel culture costs them everything from their reputations to their jobs. without any proof of wrongdoing. fox business's lydia hu with more what is happening here. hi, lydia. reporter: jackie, we're talking about hand gesture most commonly

understood to mean okay. according to the antideafmation league, white supremacist groups co-opted the gesture to become a symbol of hate. the league wrote in 2019 many people have been falsely accused of being racist with this hand gesture. the latest is "jeopardy" winner kelly donahue. he held up three fingers to indicate number of wins. after that twitter exploded, condeming the gesture it, was a racist hand gesture following more than 500 contestants signed an open letter to the show criticizing them for not editing out the hand gesture. donahue is defending himself calling the incident a terrible misunderstanding in a facebook post. writing that he condemns racism of any kind. last year a san diego man was fired after being accused of making the gesture while driving his former employer's car, san diego public utility, sd and

g. he said somebody snapped the photo without his knowledge, uploaded it to twitter accusing him of making a white power gesture. a hispanic man, fox business he was cracking his knuckles when that photo was taken. there are other reports he was mimicking a gesture the person who snapped the photo. any way he and his lawyer insist he didn't make any gesture whatsoever. >> what, how is this real? how is it fair? how is this legal. how is this man able with a twitter confident and a photo able to destroy somebody like that? his life hasn't been altered one bit. reporter: sdg&e stands by the decision to terminate calf getterty, including failure to report the incident and gps data when i asked the company, the company would not answer specifically how he violated company policies and whether information, any other

information uncovered could support a find caferty was making a gesture that means white how power. attempts to reach the person who originally postered photo on twitter have not been successful. the photo and twitter account have been deleted. he said job loss is devastating. first time in his life had a 401(k) living to paycheck to paycheck. he is unemployed. using his last dollars to pay his rent. jackie: that is difficult. lydia hu, thank you very much for that report. warren buffett, charlie monger making headlines after weighing in on bitcoin and the robinhood saga. listen to this. >> it has become a, very significant part of the casino aspect, of the casino group that

has joined into the stock market in the last year, year-and-a-half. american corporations have turned out to be a wonderful place for people to, to put their money and save but they also make terrific gambling chips. >> of course i hate the bitcoin success and i don't welcome a currency that is so useful to kidnappers and extortionists and so forth, nor do i like shuffling out a few extra billions and billions of dollars to somebody who just invented a new financial product out of thin air. jackie: all right. back with our panel, hal lambert, danielle shay. danielle, start with you, do they sound a little out of touch as you watch them both on the screen? it may appear that way to people. traders were excited to get into the reddit craze this summer and

who were very enthusiastic about bitcoin? >> jackie, i do. with all due respect to the two gentleman amazing, they made billions and billions of dollars, the fact of the matter stock market changed, investors have changed, they are behind the times right now. what we're seeing people, people getting into the stock market, they really want to get into momentum investing and high growth investing. they don't want to sit around 20, 30 years, wait for some value companies to potentially make them money, when they know there are companies like teledoc, zoom, even microsoft they could do so much better than they can do with value stocks. for that reason we're seeing a new crowd of investors very interested in high growth names. jackie: it is interesting how, as to the conversation that we started the show, when we were talking about the markets and what investors can do with their money, there are not too many options right now when it comes to return, right?

there are no safe places to put your money. certainly can't put it in the bank to expect to get a return. people are chaising yield in these ways and taking risks they might not necessarily take if there were other options there. >> that is true. a lot of this is the fact that the government sent 1400-dollar checks to 160 million people. a number of those people go on to robinhood and trading. i was surprised to see warren buffett and charlie monger attack a specific company. it sounds a little more personal. i don't know if they're competing with bank of america, one of his largest holdings, bank of america merrill lynch. charlie monger says we don't invest companies that are bad for people. they bought a liquor distributor 10 years ago, empire distribution recalls they're in the wine and distribution business. alcohol is responsible for 95 million death as year. i don't know anyone who died from trading on robinhood. it is tricky.

jackie: they may have ulterior motives when you have investors in the marketplace. great to see you guys today. after the break more of more on the teachers largest union on getting kids back to school when the second hour begins of "cavuto: coast to coast". ♪

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♪ from everybody to the second hour of cavuto "coast to coast", i am jackie deangelis and for neil cavuto, news coming at you, the president pushing his massive spending plan and also progressives he thinks praise upon him, some say don't expect them to come back to the center anytime soon, plus oregon restaurants fed up, why they say they're carrying the water for everyone as the governor shuts down indoor dining in 15 counties, all talk to a local restaurant at ten, cancel culture defends on disneyland on the day of its reopening, the event has to do with the snow white ride, you don't want to miss the details on that, let's

get with the top story, the president hitting the road to sell americans on $4 trillion and were spending, he has his work cut out from explaining how he plans to pay for, to address concerns, the small business owners have fox news correspondent mark meredith live in virginia later. >> an afternoon president biden asking congress for $300 million to make community college tuition free for americans, that is one of the many spending proposals into the spending push, the president kicking off vision elementary school and yorktown virginia and you remember the administration is calling for universal pre-k program something that the white house sees as essential keeping america competitive when it comes to education on the global stage, republicans and democrats are starting to get concerned with the price tag of the proposals, were talking about trillions of dollars in the

school to be significant republican opposition. >> when i look at this it's a staggering amount of spending like some of the new credit card in these different things that we don't necessarily need we cannot afford but they're gonna delight the liberal left of the party. >> the president is hoping to sell the public and congress on his ideas making the stop at the tidewater community college and later on going to louisiana on thursday, the vice president making a trip to wisconsin and the first lady going out west, the administration trying to draw support but the biggest battle is in d.c. virginia one of the swing states where this can make a big difference, a divisive governor trio rates can be in a state whether or not democrats are able to hold onto the statehouse and whether or not the president visits will make any difference in that.

jackie: thank you so much, let's get the washington examiner chief political correspondent fox news contributor byron york who says don't expect biden to let go of a crisis anytime soon. i want to get your thoughts on mike's report, $120 trillion, macon family plan, two years of community college, universal pre-k, more measures for childcare, these are popular concepts with some that we were discussing on the campaign trail for example giving away free education the others would think we don't have the money to do that here in the united states. your thoughts? >> i think what we see right now the president has set out few weeks in may in which he will talk to republicans and republicans will talk to him about this massive spending bill which by the way comes on the heels of the $1.9 trillion covid relief bill, a lot of which wasn't covid relief and what republicans feel is totally unnecessary they haven't finished bending the bill before

that. i have to say, a lot of the talks that were going to see in the next few days and weeks are going to be theater because republicans simply can't agree to something that big when they use the word infrastructure, they mean things like roads and bridges and making broadband but real stuff, not an increase in child care or make in the childcare credit permanent or home healthcare. all those things are perfectly fine issues but republicans are saying they're not infrastructure, we shouldn't throw it all in one pile. of course democrats are concerned, i think they will say if republicans come and offer us one fifth or one sixth of what were planning on, that's an insult, forget it will do it ourselves. that is the dynamic underneath the next few days. jackie: it's interesting because you have some on the far left praising president biden for how progressive he's been, they are

shocked by it somehow, listen to the sound bite from aoc. >> president biden has exceeded expectations that progressives have, i'll be frank i think a lot of us expected a much for conservative administration, the active invitation and willingness and collaboration with progressives in his first 100 days were almost 100 days has been very impressive. >> we have a president who is describing childcare as infrastructure, it's time to take the win. jackie: to champions their on the far left, elizabeth warren and aoc, you also have people like bernie sanders as well, their constituents have general concerns and the idea was that president biden would be the more moderate candidate and he hasn't been, he's trying to pander to them to bring his party together in a way and

that's why many are saying there's a point of no return, you can't go back to the moderate middle-of-the-road approach. >> i wrote a column about this in the headline if biden is a centrist how come the left loves him so much. what you heard from aoc and elizabeth warren, even bernie sanders who can be kinda cranky about biden has had complementary things, there was a blogger and influential blogger who said really with the agenda be any different if bernie sanders were elizabeth warren had been elected. biden went to the democratic primaries with this idea of being a centrist, he was in the centrist lane of the democratic field but the fact is that terminology is really no longer relevant to what's going on. the progressive left is really quite happy with this, were

talking about $6 trillion in spending that a centrist would not have proposed. i think there's no doubt that joe biden, whatever his history is now governing pretty far from the left. jackie: i want to turn to the story as well stunning details on how one of the most powerful teachers unions influence cdc school reopening policy even before the official guidelines were released, you think about this and wonder if it's a credibility blow not only to the teachers union but the cdc as well because the cdc is supposed to follow the science and set the guidelines and not be influenced by the outside voices. >> it should certainly be a credibility blow to the cdc, there's no doubt about it, we know for a good while that the biden administration was listening to the teachers unions, perhaps too much in its coronavirus policy, the fact is the teachers unions have wanted

to keep schools closed in some major parts of the country, now, when so much of the country is reopening, were talking new york city, new orleans, all sorts of places are opening up for business, yet the teachers union still waffling on whether schools can reopen physically this fall and for the white house to go along with that, just makes it look like there in these pocket of the teachers union who of course are huge financial supporters of democrats and joe biden over the years. jackie: that is true, great to see you, thank you so much for your time today and your insight. >> thank you. jackie: the biden administration launching a full throttle push for a global minimum corporate tax to counteract tax hikes at home. take a listen to the present economic advisor trying to convince the world to sign on to

this plan. >> president biden is really saying everyone should pay their fair share, yes internationally we don't want to be disadvantaged, he's also worked with other countries so we have a minimum tax internationally so there's not a race to the bottom which doesn't help any country. jackie: were gonna break in our two great minds to discuss it, i'll start with you jonathan, if you have to convince the rest of the world to join you in raising taxes to stay competitive, don't you have to sit back at a certain point as a leader and say what direction am i going in. >> yes i grimaced when it's america trying to convince other countries to have a higher tax, this is an argument for minimum tax, not a maximum tax but a minimum tax and the old adage that the sawhorse corporation are not so-called paying their fair share. it's all about control and curtailing the successful

corporations and you may not be an economist to know if you tax something to get less of it in the corporate taxes try to make the corporations to be the bad guy, the corporate taxes are paid by employees in terms of lower wages, customers in terms of higher prices and the public at large in terms of lower innovation that's what biden is all about, tax-and-spend, tax-and-spend over and over again. jackie: it is interesting because part of the conversation had been his proposal for the capital gains tax would be over 43%, 43.4% when everything was brought into play. you're looking at this in your thinking you look at broad because were having that conversation and the democrats love to look at sweden and say it worked so well, the capital gains taxes 30%, the corporate tax rate is in the low 20%. it is interesting to see what were trying to do here, that is the model that they think is so amazing with a population of

10 million people and they have better numbers than we do. >> there trying to control the rest of the world to adopt the tax policy that will make the united states in a better position just by new policies that would ultimately make the worst position is fantasyland. countries have an incentive to want to make sure their own economy is strong, the products from their own country are desired by the rest of the world and companies want to set up shop within their borders, that's what every country's major interest is it ought to be the interest of the united states as well and it's fascinating that we have this economy that is doing fantastic when president trump was in office, one of the strongest areas of polling was consistently people saying if they didn't like the tweets or a lot of things of how he ran the white house, they like how the economy was going in the fact that we will come out of the pandemic and it ruined a lot of the positive growth and the response is going to be to roll back the things that had us in a good economy and the first place

does seem to be pretty misguided. jackie: they like to the economy was going, the pandemic happen, nobody could control that no matter who was in the white house at the time and the reason you have a stock market like this in a market up 284 points today is because the groundwork, the foundation with respect to the economy to be able to recover in this way and i think that's what so many people are missing, none of this has to do with joe biden. >> there is a direct correlation between lower taxes, more economic freedom and more prosperity not just for the so-called rich, the evil corporations follow us involved in what so frustrating the american people at large used to understand that. we used to think of a race to the bottom towards higher taxes like getting worse and worse but now the understanding is low taxes heard the economy and the individual with the opposite is true, we can have the prosperity you're alluding to, we just need

to go the opposite direction which joe biden is taking this country. >> my panel in the previous hour was talking about the tax-and-spend policy and the tax hikes that could be coming when they impact the wealthy and say nobody is panicking, as you can see with the stock market moving the way it is, at what point is this going to become reality for people, at what point is it going to be very clear that there will be a chilling effect on the economy and we may see the market start to cool a little bit. >> at the moment we had an interesting political realignment where many of those at the highest income are among those politically progressive so they're stuck in the interesting position with their own taxes are going up but they say i like fighting, i can't speak out against it, maybe the money is going to good things, yet this really interesting political tension through the big problem will come when your average middle-class realizes that the tax-and-spend policies you can't just tax the rich for each of these bills, eventually

inflation or the way that this will have a negatively on the economy is going to affect middle and lower class americans and that's going to be the real political effect. jackie: what's interesting is the hypocrisy, even before president biden was inaugurated, somebody people into separating that this administration was going to come in within the upper class and the extremely wealthy and they are saying we are voting for him, at the same time we are looking for ways to screw the rules out of becoming an look for tax shelters and the wealth and that to me has always been so interesting and i appreciate your time, we will see you later. meantime restaurants are speaking out as the governor morgan shuts down indoor dining in 15 of the states biggest counties, will hear from them coming up ahead. ♪

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>> we have a lot of pressure from state agencies with threats if we don't comply, she does not have any data that says that the virus is a super spreader out restaurant. >> most of the country is starting to reopen to team oregon counties getting hit with new covid restrictions with indoor dining shut down once again, organ restaurants and lodging association president and ceo jason brandt is here, it's great to see you. it's been so difficult over the course of last year it's hard to believe that were having this conversation at this point in time instead of talking about reopening in earnest everywhere. this can have a detrimental impact on organs economy. >> it sure does, we have so many challenges in oregon with the open and close what we've been working with. it is just killing local

restaurants, we have a pole right now that shows oregonians want their choices back right now, 87% of the respondents in the poll are saying that they want the choice whether they can dine indoors or not and counties across the state. we are really troubled by the latest restrictions. jackie: part of the problem that the state is facing is an unwillingness of some of than habitants to be vaccinated that is a personal choice that many people have to make and they will decide as individuals for themselves and for their families but this far into the pandemic, were in recovery mode and wealth through the first year that was so, so difficult, don't you think that we know who the vulnerable are, we all as individuals have learned what our risks are, we can navigate successfully and make those decisions for ourselves, we don't necessarily have to shut the restaurant down or put the blanket rules in place.

>> absolutely, it feels like every rock possible has been turned over, everyone knows what covid is, everyone knows the risks associated with it and in our state, or state epidemiologist this past week stated that only 3% of the new rising covid cases have been tied to restaurants and bars, so the disproportionate restriction on restaurants and our local eating establishments versus the tie to the spread of 3%, it just makes no sense, so we continue to be deeply concerned about that reality. jackie: that's a really important point i'm glad you brought that up, so much of the narrative has been follow the science, the science is telling you is not necessarily spreading martin restaurants so if we follow the science we would not close the restaurant. >> absolutely. that is by far number one point that were trying to make sure the governor's office and all of our elected leaders working in our legislature during the current session fully

understand. jackie: a final point when it comes to what's happening in oregon, part of this is also about the extended benefits that restaurant workers are receiving, those are going to go through until the early fall, you've a lot of people saying i don't necessarily want to go back to work because i'm being paid more to stay home but that really impacts the overall health of the restaurant whether they will be able to get back up and running, it's a systemic problem that is going back to the administration a little bit as well. >> it away we have a perfect storm, there's a number of components that are relating to the workforce shortage which exist in oregon, across the country and hospitality industry, a lot of us are talking across state lines how problematic these trends really are, a couple of things in addition to what you just mentioned, we also serious challenges with childcare stability make it to the child care services are available for those that want to return to work, as you mentioned we have

to work on a vaccination phase, we have plenty of supply, now the supply is outpacing demand and that is our main sticking point, now that that is true shouldn't we all have the choice yet again, where we dined, what we do and make those determinations about what the appropriate risks are for appropriate lives, that's where were at in oregon. jackie: jason brandt thank you so much good luck to you in the restaurants in oregon. coming up on the show staffing issues hitting police departments from "coast to coast" as a nation is bracing for potential spike in crime this summer, we will bring you those details after this. ♪

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jackie: a decade after the takedown of osama bin laden in 20 years after the start of the war in afghanistan the withdrawal of u.s. troops is underway, this is not only been the longest war that the u.s. has faced but also cost taxpayers nearly $1 trillion, hillary vaughn is live on capitol hill with an in-depth look. >> today president biden's foreign policy team is defending their decision to pull out of afghanistan by september 11 after the british military leadership voice concerns over the decision saying it's not the outcome that they hope for the secretary of state tony blinken saying today that they made the call with communication coronation will their nato allies. >> we have been engaged in afghanistan for 20 years and we

sometimes forget why we went there in the first place. that was to deal with the people who attacked us on 9/11 and we did, just because our troops are coming home doesn't mean we are leaving, we are not. >> would biden announced his pullout date, he addressed concerns echoed by some in his own party calling those concerns a recipe for keeping troops there indefinitely. former secretary of state hillary clinton is one of those who had fresh concerns about the pullout saying yesterday on cnn she think u.s. troops leaving there will trigger a surge of afghan refugees coming here last year the presence in afghanistan cost $14 billion just in the last fiscal year but one foreign policy expert warns the cost of remote warfare would be higher than the cost of keeping boots on the ground. >> the real question here is whether the united states is actually saving money in the long term, the reversion to the remote counterterrorism means at the continued, we are saying were going to continue to pay

for drone strikes and remote targeting until i how al-qaeda stopped existing and will have a strategy to defeat it. >> former president trump made a deal to pullout by may 1, last weekend. the president biden blowing past that deadline is getting attention from the taliban, the spokesperson tweeting over the weekend on may 1 this morning, as withdrawal of foreign forces from afghanistan by agreed-upon may 1 deadline has passed this violation has opened the way to take every counteraction deemed appropriate against the occupying forces and we are getting confirmation that the pentagon is on high alert for any attacks targeting u.s. troops following the passage of the may 1 deadline. jackie: hillary vaughn live on capitol hill, thank you so much. the city of brotherly love

having a hard time recruiting cops as nationwide police reform is growing louder, philadelphia police say that mass retirements and suspension of a new officer training because of covid are partly to blame because of the recruiting problem, jeff flock and philadelphia with those details. >> hello to you from a town which is difficult to police, but doing it with about 400 fewer officers, philadelphia is the tip of the iceberg, take a look at what's going on around the country with this problem, new york, 72% up in terms of retirements, minneapolis, 20% of the force has left on leave or quit, chicago also up in terms of retirement, seattle says there in a staffing crisis right now, goes on, las vegas 39% of retirement up, louisville says it's in dire strings in terms of recruiting, portland 93 (with a hiring freeze on and philadelphia the ceo and the

president of the order of police told fox business there in a perfect storm right now. listen. >> what i see is a lot officers are moving the retirement up earlier to leave and go find other jobs elsewhere because right now they don't feel like anybody has their back. >> this is a town where perhaps they don't even have the police takedown when the incident is over. crime up here and elsewhere looking at major cities like new york, philadelphia, chicago, los angeles, homicides and shootings up since the first of the year in newark shooting up 64%, homicides up 33% in philadelphia and chicago shootings overall up 73% in los angeles. fewer cops, more crime. jackie: it makes sense, that's what happens and that's what the

concern was, we thank you for bringing up the story, we are watching rising crime across the country and sparking the growing fears of a spike in crime the summer specifically, joining us to treat police officer, police chief james craig, great to see you, i want to ask you how your department is addressing what's happening, it's interesting i was in central park and you see with the nice weather there's more people in recovery mode people have been cooped up, you know when people start coming out and there's less police on the ground that this could potentially be a problem. >> let me first tell you about the trait, certainly i support the men and women who do their job, that is clear and i will tell you, we are not seeing the staffing crisis that you're seeing in other cities, we are still hiring, fewer people are leaving, some returned to the department and the one reason the returning is because we get support, but i will tell you i was in chicago and had a chance

to talk to the good men and women who serve and was going on there is so difficult, you think about for example the lack of support, there is talk now that the only way an officer can gauge and a foot pursuit, they have to get permission, what he thinks going to happen with pursuing a murder suspect and have to ask a commission, you wonder why crime is going up, this is all about and incentive criminals, real reform, an example, compassionate an early releases are all focused on one thing, incentivizing the criminals and we need to have an honest conversation, that's is going on here in detroit i am fortunate, we seen an uptick in crime, we deal with the same issues, it's not because our offices are not out working, other cities like new york where the officers don't feel supported, their d policing.

jackie: is becoming a situation where it's a thankless job to become a police officer, why should i do it, it's a thankless job if you are employed to be on the street every day it could backfire on you, some folks are saying let me go and retire and take my benefits of little bit early, what specifically is happening what support is there in detroit that were not seen in these other cities. >> it is no secret i've known across the country i stand for the minute women not just here in detroit but across the nation unapologetic for that support, i'm not afraid and unfortunately it was more who sat in the seat and would stand and support the police officers who do right, elected not leadership the influence who are not supporting the men and women only of course to keep them safe, here is the most troubling aspect, do you know who loses, those in vulnerable communities, who speaks for them.

>> really see a spike in crime with the weather this summer pent-up demand that kind of thing more people out? >> i will tell you and i can say it practitioner for 44 years, given what's going on across this country, the lack of support for the men and women continue retirement in the staffing crisis, many of the police officers who are leaving are not being deployed, police officers do count and that makes a difference when you talk about abating violent crimes, equally important is support, whether these so-called leaders were not leaders but people who sit in seats of influence going to realize that this is impacting their city, look at what happened in portland, all of a sudden the mayor wants to do what, say enough of this, after a year and a minneapolis when they defunded the police department, then suddenly they realized crime started spiking and they went to the police department.

jackie: that was not the answer. >> it is not the answer but failed attempts at eliminating qualified immunity is still a way of dismounting police because they know if you eliminate qualified immunity peace unto police officers will even drones. jackie: great to see you, thank you so much. >> targeting social media for targeting free speech, florida lawmakers are planing to punish sites like twitter for banning politicians. more "coast to coast" after this. ♪ ♪♪

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you've got veil, that the joke referencing everybody he remembers aol mail, verizon is selling aol and yahoo to apollo global management for $5 billion, charlie gasparino has the details. >> is a little more than aol mail, this is a media play, yahoo finance has created and been around for a while, they expanded in recent years under verizon that is the play to create a platform that is basically an over-the-top news platform that combines both colored unwashed street and tech and created a tech news america that is over the top, not necessarily on broadcast tv but in emerging ways people watch news which is on the computer, on the iphone, that is a play, a couple interesting parts, fox

business first reports this is about done on friday, i reported it on saturday that they essentially -- sunday they have reached at due diligence stage and today announced the price tag 5 billion, if you noticed with only four-point to billion in cash, the rest is given brazen attempt% stake in the company, obviously for does well and they can sell it, that is the object of private equity, fix it up, sell it for more money in the future, from what i understand apollo was tough they did not want to overpay they push them below the initial ask which was 5 billion in cash as you know four-point to $5 billion cash offer, 10% goes to verizon so it's not quite the 5 million-dollar number. it is some sort of play into text that i'm told, it'll be interesting to see how they work this out, there are other

properties, good media properties like techcrunch, how they merge all that together is going to be interesting, the other interesting thing, will there be layoffs, are they going to do the typical private equity thing and try to make money through cost savings at least initially in. down to what it wants, i understand the key asset at least according to my sources is a finance asset, the portal that is a good portal for business use, very good portal for analytics, that is something that they really want on this, we'll see what they do with the rest of the stuff, four-point to 5 billion cash, the rest 10%, back to you. jackie: it is interesting i work

for yahoo for a quick minute when they were expanding and doing a push for online wall street tv to cover the markets, they spent a lot of money on that, it didn't necessarily bring back the return. i wonder if that is something that apollo might say, this wasn't working in terms of the business model. >> there is going to be changes, apollo is very smart savvy company, they're gonna change stuff, there's going to be downsizing, it always is, we should point out the horizon why did verizon sally, it's not a was making money, or make enough money, there are parts that do very well and apparently yahoo does very well, it's 5g expansion, there is other aspects. but if you look at the deal looks like a win-win for both sides apollo did overpay, verizon if they don't do massive downsizing, a company that wants to build the company and make some money on it, this could be a good thing for the people that work there. jackie: we will see, charlie gasparino always great to see you, thank you.

coming up cancel culture latest victim, prince charming, we will expire after the break. ♪ lately, it's been hard to think about the future. but thinking about the future, is human nature. ♪♪ at edward jones, our 19,000 financial advisors listen and work with you to create personalized investment strategies to help you get back to drafting dreams and building your future. edward jones. it is time for investing to feel individual.

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against allowing transgender athletes who were born male to compete on female sports teams. fox news correspondent aishah hasnie has the latest. >> generally has some explaining to do because without many details, it does appear to be a flip on her stance to watch what she said this weekend. >> this is a question of fairness, that's why i pose biological boys who are trans competing girl sports in schools, it just isn't fair. and we have to protect girl sports. >> remember back in 2015, the retired olympian accepted an espionage word and very clearly supported trans rights in sports, watch this. >> i also want to acknowledge all the young trans athletes who

are out there, given the chance to play sports as who they really are. >> the question, did jenner do a complete 180 or does she like the ncaa believe in hormone suppressant therapy that do allow trans men and women to compete in gender sports, critics are calling her from a menace to a sellout which cannot be good for her at her run against california governor gavin newsom and in that very likely recall election coming up, this is a hot button issue as already 35 states are moving to ban transgender girls and girl sports with four of the states already enacting laws as you know president biden issued an executive order earlier this year which barred discrimination based on gender identity. a lot of questions i'm sure she's going to get into all of this tonight on hannity on fox news at 9:00 o'clock when she goes to sit down with him.

jackie: a new florida bill would stop social media companies from d platform inc. political candidates like president trump who is famously banned from twitter, governor ron desantis is expected to sign the bill soon, returning with our panel jonathan hoenig and kristen, there could be some pushback against this one. >> there is a lot of conversation at the team cavuto twitter handle, just this afternoon of the very issue a lot of passion debate on both sides, what is true i believe is a very dangerous precedent, is government going to demand a seat at your restaurant, are they going to demand a column in your newspaper, this is a property rights issue and although you might not like twitter or facebook, their private businesses in the checks makes the rules, it'll be very interesting if the rule in the florida state legislator spans to the nation. jackie: i hear you, that is one

side of the argument that you have to essentially protect the free speech of the companies, on the other side you would say these are platforms everybody is supposed to have access to so you need to protect this free speech of the users. >> there is an argument to be made particular when it comes to political candidates there is a compelling interest people can hear what they have to say but i hear the concerns about government trying to push private company into doing things in part because i worry about the second third order unintended consequent is. for instance, you may say we want to make sure all candidates for office can be kept on the platforms that are not being kicked off because the people who run them don't like them but if you have a lot in place that says you cannot kick a political candidate off even if they say something you deem offensive, what happens when a democratic candidate says you're my followers please show up ready

for a fight, that is the sort of thing the undercurrent terms of service you might get kicked off, that something or inciting violence, but they may feel pressure to not remove that speech, the unintended consequences how me real concerned. jackie: unchartered territory with social media, were all figuring out together. in the meantime disneyland may have opened its doors by cancel culture seems to have his eyes set on one of the most beloved disney characters, the prints getting some royal backlash, for kissing snow white was she is asleep. >> as someone who himself has been the victim of sexual abuse, i find this type of canceling really insulting to actual examples of abuse, were talking about a romantic innocuous kiss as part of a story that is quite benign, this once again idea cancel culture, pressuring companies over something in the big picture is quite innocuous romantic and sweet. jackie: when you think about snow white it is a fairytale,

the whole idea is that it's make-believe, it is imaginary, nothing bad happens because of that kiss. >> this is again where i come down to private companies making decisions that are right for them, in this case to columnist writing for san francisco paper who were up in arms, disney believes their own guest or uncomfortable, they make make a change but i don't think that is the case there's a difference between snow white and the changes that they did make to arrive like pirates of the caribbean i grew up in orlando and remember going on that right and it seemed really occult to bobs up the pirates chasing women around the bottles of booze, that did not seemed like the enjoyable disney extremes that i wanted it doesn't surprise me disney cancel that part of the ride that was probably good change, that's very different than the story of snow white, i'm told the disney of the company will make the right decision for what makes their guest comfortable in having a magical time. jackie: i never had that experience but i could see white and might've spooked you a little bit. great to see you both.

thank you. new jersey governor phil murphy announcing the indoor dining restrictions of the garden state will now be lifted on may 19, murphy announcing the state is planning to lift all restrictions on outdoor gatherings as well on the same date. we will have more "coast to coast" after this. ♪ (vo) conventional thinking doesn't disrupt the status quo. which is why t-mobile for business uses unconventional thinking to help your business realize new possibilities. only one 5g partner offers unmatched network, support, and value-without any trade offs. . . . now is an excellent time

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jackie: take a look at this, crowd sharing for carnival cruise ships. made the first return to texas ports in over a year. really great to see how joyful everybody is to get back to normal. with that, i hand it over to my good friend, cheryl casone. >> thank you very much. i'm cheryl casone in for charles payne. this is making money. president biden is wrapping up a speech in chesapeake virginia, and heading to norfolk. he plans to talk out the massive spending proposals with republicans but will democrats ram it through again? wall street growing weary of looming tax hikes on everything from capital gains to