>> dagen: jonas? >> just in time to move the inventory piling up at u.s. auto dealers. nail? >> dagen: thanks, everybody. neil president trump heading back to texas has survivors search for hope after harvey the president ledging $1 million of his own money to disaster relief and requesting billions in recovery funding. congress is looking at tens of billions overall. now, someone here says it's time for congress to deliver on all of that. welcome everybody. i'm neil cavuto and republican governor chris christie telling me lawmakers better not mess with texas like they did with his state during sandy. >> the aid needs to be delivered and tying it to other things i think is a gross error, people' livelihoods should not be tied whether or not the united states congress can responsibly get to a place where they could pay

their bills. >> neil: you'd think just whatever funding you're going to have emergency or otherwise have it don't tie it or attach it to anything or put provisos on it? >> absolutely not. straight up or down vote on the aid necessary to make sure the people in houston not only can get through this first period but i could tell you from the hurricane sandy period that if this lasts for a while afterward s then the rebuilding on the people are going to need to get their areas back to what it needs to be. >> neil: well gary says he's right also here charlie gasparin o, ben stein and charles payne, jerry willis off this week so gary, your view is do it get the aid out there, don't start quibbeling about it. >> 300,000 people have applied for aid, neil. 80% of homes do not have flood insurance . these people need help and they need help quick. you do a standalone bill, two

words standalone. though disclaim turpitudes no caveats no nothing get the vote in get the money out, if you need to do it in tranches fine just make sure the upfront is big enough to help people out. they need it and they need it quickly. >> neil: what concerns people in these type of situations is adding things to the spending that go way beyond hurricane relief. the thinking seems to be that's going to happen again here but so be it. >> we're in such a politically charged environment and both parties incredibly unpopular with the american public. congress has about a 15% approval rating 75% disapprove of the job they're doing because they can anticipate what might go wrong with this, and it's not fair to give the survivors of the storm the obamacare version of aid. you know, they really need something and i think roy blunt was right when he talked about incremental health. instead of one giant package that can be tied to something like healthcare or the debt

ceiling, do it in say four chunk s like they did in joplin, missouri for the 2011 tornado that hit there and something like that where you can see exactly what is needed and surgically congress is capable of doing that, deploying that money. that would be much more helpful and gary is absolutely right. don't tie it to anything. no pork, no other projects, don't politicize this people already hate you enough congress >> neil: ben stein what do you think? >> [laughter] i think just if people need money give them money. i'm not exactly clear why it is is that the ordinary taxpayer has to help people where they aren't smart enough to buy flood insurance but assuming we're going to just forget about that issue, yes, just give them the money. where it ends with just giving people money i'm not quite sure. >> neil: you know i don't think you can be against helping out texas right now. i mean it's a horrible situation and they need obviously a bridge

loan so to speak right now and they need from the federal government and it should be handled as a bridge loan. we give it to them and we worry about the stuff later but ben makes a really good point here in this that there is a degree of moral hazard that's always created with these bailouts. i'm not being cold here but it is. we throw money at it and then people move back in these zones, these areas which continually get hit with hurricanes and-- >> neil: although this is an unusual flooding event. well yes this is but don't tell me that galveston has never been hit. >> we've had others. >> galveston has gotten crushed in the past. galveston was a bigger city at one-time because of the hurricanes and because of flooding it ceased being a huge city, so we should just point out that we're creating a lot of moral hazard by offing up the checkbook. i'm not saying don't do it. this is a horrible. >> neil: adam what do you make of that? >> i have a slightly different take on it which is of course, charlie made a good point. no one is going to say no don't

help these people but of course charlie is right about the moral hazard of doing that but this points i think this highlights the fact that we tend to forget the other four and a half years or 10 or 50 years that things like this don't happen. there is only one entity that can come in and help at a time and that's the federal government and we're all glad that the federal government can do this now and yet so many people bad mouth the federal government for all of its faults , all the time and say don't spend this, don't spend that. and yet we're glad we can do it now. >> but to that point, go ahead. i just want to make a quick point about that because we know that the best assistance comes from local organizations and local government and the problem with this massive federal aid package which obviously they need the money now. these are people who could never have anticipated something like this deci mating their lives on so many levels.

there's no doubt about that but in the future, the reliance on that massive federal government check means that states counties and cities don't have appropriate emergency response if they are that reliant. >> neil i totally agree and that argues for good long term planning, for good policy, for a good conversation between the parties, between local and federal government, but it also argues for maintaining the power of the federal government to step in when it needs to. >> adam let's be real clear. i know you're trying to tell us that big government works and we should all the time. >> no no no fair point. fair point. listen, they're good, the federal government is really good at the armed forces i don't think the federal government should be in local law enforcement. >> fair point. >> and there is a common ground here and that's what's going on here but i will say ben stein made a really good point before. we have created moral hazard.

no consequence to risk. people are going to move back into these areas once they get their money and guess what in 10 -15 years the same thing could happen. >> i totally agree with you we should discuss that as a country >> neil: well, okay, but-- >> we should also be asking why it is that here in california homeowners get letters saying you absolutely must buy flood insurance. why didn't these people get these kinds of letters from the state of texas or someone saying you must have flood insurance? >> well i was surprised of that ben in you would think their mortgage holders would demand it or else they have a mortgage on a property. >> they certainly do in california. >> well that's one thing you guys do better just one. >> neil: well you know, i'm along with you on this notion you talk about aid its got to get there whether you do it in tranches, that might be the better way because you can make better sure the funds get to the deserving entities and quickly but you are going to get money to the same people who ignored the calls to get flood insurance and they will get the same

amount of money presumably as those who did have such coverage and i'm wonder wondering whether that kind of in discretion is something that will come back and bite taxpayers what do you think? >> well look when you use the term "federal government" we're talking taxpayer. that's who pays for all of this and as far as these people that did not follow i don't know if it's the rule of law or just something they should have done. you do it better next time. look these are outlier events. they don't happen very often, but when they do happen, there is somewhat i don't know if you call it a call of duty but we as americans all in the united states should gather around and try to get something done but these people need to help and i get the point about moral hazard so here is what you do. the state the city the mayor, you get together you see why it didn't work why 80% of the people does not have flood insurance that make sure the next time it's a different story >> neil: i wish we had more time unfortunately we don't in meantime home depot co-founder telling me that because of everything going on in texas now

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>> a fox news alert from america 's news headquarters in washington, good saturday morning to you. president trump and the first lady now in the airheading to texas and louisiana to meet with harvey victims and first responders, this as more evacuations are underway in hard hit houston. there are places the water is still rising. meantime, screen left, the remnants of the storm are dumping rain as far north aspen pen. screen right, hurricane irma childrenning out in the atlantic where will she go? chief meteorologist rick is live in fox's extreme weather center as both storms have the potential to cause some real problems. hi, rick. >> harvey is still bringing rain across parts of now moving in

towards the northeast and mid atlantic we'll see heavy rain throughout the day today but it's almost gone, most of this moisture certainly by tomorrow afternoon it will be gone. the houston area much of that area that was impacted take a look at your forecast. no rain in sight. that's certainly good news but temperatures are high that means that stagnant water is certainly going to cause a little bit of a problem but no more rain. we are almost at statistical peak of hurricane season we have about nine more days that means this is when we should have a lot of activity and that we certainly do. this right here is hurricane irma, a very strong storm for being this far out in the atlantic and the forecast for this storm pulls it off towards the west, likely becoming at some point along its transition maybe a category 4 even a category 5 hurricane. you'll notice this westward track here headed toward the u.s. , does it impact the u.s.? too early to say at this point. we would be probably next sunday , monday, tuesday before we would see any kind of a direct impact if that happens that means there's plenty of

time to watch this we'll let you know if that happens meanwhile, we'll continue to track here in the weather center. >> president lands about noon eastern live coverage on fox news. >> everything we have and let's get it done means we can't cut taxes, we can't cut taxes. >> neil: you are saying just to be on the record that now is not the time to consider tax cuts correct? >> absolutely not. get it done. get these people the help they need, if there's anything left over for tax cuts we get them but first things first. >> neil: all right home depot co -founder and by the way a billionaire decides laying down the hammer saying now is not the time for tax cuts. he doesn't need them want them doesn't think we have any room in the budget to allow them. gary, you are just the opposite. now is the perfect time right? >> yeah, and i also argue you go back to the reagan years when they did major tax reform and tack rates from the 70s down to the 20s. revenues sky rocketed so you had

all of the money you wanted paid for itself 10 times over the big issue has spending has increased like crazy throughout the years. the bottom line if not now, it's never going to happen. you only have great opportunities and republicans have one right now as they have everything they own everything and if they don't do it now, come 2018, it's going to be divided again and nothing-- . >> i really am. i think that it's so insensitive for ken lingo to say that and the differences what's going on in texas and louisiana is a stabbing pain. they are in immediate crisis and fighting for survival. the rest of the country has been experiencing a dull ache of this chronic pain since 2008 they deserve relief from that. yes the types of pain might be completely different but one doesn't negate the other and if there's too much spending going on if we can't handle tax cuts and hurricane relief at the same time, then that is an utter failure of government.

>> neil: ben stein you're in that camp because certainly the rich don't need a tax cut and true enough it looks like you won't be getting one so you should be happy. >> [laughter] >> neil: but what do you make of what he's saying in the aggregate that now is not the time period to discuss them because we've got all of these pressing needs? >> well, the sad fact of the federal government is so enormous and the federal deficit is so enormous that if it passes out in transit over the next year or two it's not going to even make any difference it's hardly going to be noticed if it's a hundred billion or 120 billion it's hardly even going to be noticed. i think we've got to get them the money now and again with the caveat about the moral hazard for the next time but we've got an awful lot of other things we have to do now too. we cannot be worrying about a tax cut this year or tax cut next year. these people are in desperate shape right now but-- >> neil: you agree with him? >> i do not, no, i do not agree with him. i think we need a tax cut now to get business going. >> neil: okay. >> especially get rid of the corporate taxes. >> neil: just not for the rich guys like yourself?

>> [laughter] yeah. >> or like you? what do you think? >> you know, listen. i have enormous respect for ken as i do warren buffet. >> neil: what about ben? >> yes. ben is going to start clearing his throat when he hears what i have to say. >> neil: [laughter] >> but these rich guys-- >> are you going to argue again? >> these rich guys neil, like really rich guys like buffet when they talk about taxes it's like you know, they lost all concept of reality. they're so rich they don't understand what it takes now to start a business and let's be real clear. one of the reasons why we can pay for this and one of the reasons why our budget situation is because we have a great economy when it comes down to it i talked to bernie marcus about regulations now and bernie marcus has been on the record saying he doesn't think he could start home depot now so if we don't get the economy going guess what we won't be able to pay for this stuff and i'll tell

you ken langone and warren buffet are losing it on this stuff. they're so out of touch. >> neil: adam you could argue that whatever you make of this we just improved the odds for a couple of things, not only a tax cut that looks more doable than it would have before harvey and post-harvey the likelihood of government shutdown is virtually nill, so maybe those are two constructive developments what do you think? >> i agree on the latter. on the former the political situation is going to be every bit as difficult once they actually write a bill which they haven't done and so i actually, however, agree with something kennedy said. you don't let something like harvey affect long term policy. if a tax cut is a good idea, and i'm going to shock you neil, i think the corporate tax cut is a good idea, and is something that should be looked at, then you work on it and you-- >> neil: by the way that isn't such a shocking revelation of your party. liberals have that style so don't act like that. >> well all of the silicon valley friends of his that want a corporate tax cut right adam?

all you liberal silicon valley friends? >> neil: to be fair there is an openness to that so adam you think the tax cut thing this will go through? >> no, i think it's going to be very difficult to go through. i think it's the right policies to pursue despite harvey. >> neil: meanwhile coming together at a time and need the people of texas are lifting each other up. is it time for politicians to look at that and in watching the exact same thing.

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>> there were no republicans no

democrats, just texans trying to help other texans and we think that's what it's all about. >> i'm just grateful that the community come together, no race , no color, no prejudice any kind of way. just willing to help. >> neil: the president returning to texas today where he will witness firsthand the citizen army you've heard so much about that as one neighbor helping another. charlie gasparino, perhaps there's a lesson in that for all of us. >> the american people are resilient. i lived through 9/11 in new york city i saw it firsthand. we saw what happened during sandy. for all of the crazy marchs of neo-nazis and all these other people, most american people are good, strong resilient and that's what makes this country great. there's really nothing else you could say. >> neil: it's just amazing to see again and again, people take it upon themselves to do stuff that we normally see the government doing or expected times. >> well they're neighbors.

it really brings tears to your eyes. a good friend of mine is a priest in houston and his family had to get out of their house. they have a newborn baby and four young kids had to get out on a kayak and the priest went back-- >> neil: a priest and new young baby? >> greek orthodox, but he said he had the most beautiful quote i've heard. he said in this storm, you'll see the face of god, not in the rain but in the neighbors, helping each other and going out of their way to make sure everyone they know is taken care of. it's beautiful and makes me think texas is a wonderful place and i'm considering moving there >> neil: the cajun army and those from louisiana who remember to a man and woman what texans did for them a dozen years ago played out and again and again didn't it? >> yes and what's so wonderful we've had two events recently, one benign event the eclipse where people came together as mentioner and watched this bond russ thing and now this tragedy where americans are coming together and it is nice to take a moment to remind ourselves of how good we can be.

>> neil: i always worry though ben stein how long it lasts, the goodwill that obviously is there in us and it's in our dna but then our politicians can sort of revert to their normal mean means and i worry how long that lasts. >> let's hope it lasts a long time. this has been a miracle. the material loss, the loss of life has been a catastrophe and a genuine human tragedy but we just have human beings helping other human beings. this has been a miracle in terms of what this country can do and what it is at its best. this has been a genuine landmark in terms of the human spirit in the united states of america. >> neil: you go, gary we touched on we always talk about the greatest generation. i always like to remind people that there are fathers and grandfathers, mothers and grandmothers so it's in our dna to be this way to act this way. we just saw it here, right? >> when the going gets tough, the tough gets going.

you know, neil people are going out to risk their lives for others that they don't even know not only are they risking the lives of the people they are risking their lives for animals and taking dogs off the top of cars and horses and cows on top of that you have people like jj watt goes online to raise $200,000. that was his goal and it's going to be tens of millions. >> neil: amazing. >> this is what america is all about. >> neil: guys i want to thank you all. especially to kennedy and charlie meanwhile stocks holding steady as america gets tested. lessons from that, after this. td start saving for retirement. then we asked some older people when they actually did start saving. this gap between when we should start saving and when we actually do is one of the reasons why too many of us aren't prepared for retirement. just start as early as you can. it's going to pay off in the future. if we all start saving a little more today,

we'll all be better prepared tomorrow. ...

where the heart beats warm and true, that's texas. where we always welcome you, that's texas. where we always find a way, that's texas. ♪ >> resilient stocks for rough times, gary. >> caterpillar went through rough times for a couple ofors and they're kicking in gear. and i think the stocks will continue to go higher. neil: adam. >> slf, a basket of stocks. we've had financial crises before, and we're not in one

now, that's resilience. neil: ben. >> spdr's, buy an index of america, you'll do fine. neil: profitable advice and positive advice, we move on. more now. >> with president trump set to touch down in texas again today, we're learning more than 100,000 home owners in the state are expected to file federal flood insurance claims. some already are finding out they don't have enough coverage. that's why someone here says it's time to privatize the market. are they right or wrong? hi, i'm david asman. welcome to forbes on fox. let's go in focus, with elizabeth macdonald, john tamny, bruce jansen, folks against privatization say that insurers would skip by flood zones like texas. what do you say to that? >> well, no, i think the big