president trump's tax cuts are rushing torlwards the finis line. they're targeting medicare, medicaid and social security. if you're a working class in this country, chances are your job requires hours of training and a big fat licensing fee just to do your work. are the costs so high they keep good people away from good jobs? >> hey, everybody. >> yet another whirlwind week we

saw on capitol hill with democrats and republicans holding their nose as they avert a government shutdown for next couple of weeks anyway. >> and that's happening as republicans patch holes in their tax legislation in a race to enact the biggest cuts in years in time for a christmas holiday which is where we start. now as you probably know, republicans are working hard. they got to reconcile differing tax bills that passed in the house and the senate. there are big differences including correcting unforeseen $100 billion, get this, mistakes that have cropped up in the very hurried text that senators passed last week. remember they were writing in the margins of the bill. new polling from quinnipiac says that only 29% approve of the plan. 61% think it favors the rich. it mostly benefit big businesses and the wealthy. they have to be paid for somehow. so why not do it off the backs of the middle class americans who lose a whole lot of

deductions? and then there's this -- >> we're going to have to get back next year at entitlement reform which is how you tackle the debt and the deficit. >> you also have to bring spending under control and not discretionary spending. that isn't the driver of our debt. the driver of our debt is the structure of social security and medicare for future beneficiaries. >> but welfare reform, i see it. and i've talked to people. i know people that work three jobs and they live next to someone who doesn't work at all. and the person who's not working at all and has no intention of working at all is making more money and doing better than the person that's working his and her ass off. and it's not going to happen. >> love to meet those people. >> listen, it's a common argument that we want to get people of the welfare state. fwhut plan, you are paying for these tax cuts. tax cuts to corporations and the rich and the way they're doing it is off the middle class. it's cutting programs that help the poorest of the poor in this

country. but the argument has been well with trickle down economics, you're going to help corporations. but this week alone we looked to what corporations will do. what will they do? buy back stock. >> how do we know that? >> historically, and this week they did it. t mobile, bank america, mastercard, home depot is leading the way. it is what companies do whether they're flushed with cash. they are not out there hiring more people. they're going through stock buybacks and we saw just this week because of the repatriation, bringing the dlorz ov dollars back to the united states, companies like apple, that's a $47 billion win for them. >> i love the companies. we want them to succeed. but this idea that this tax cut doesn't increase the deficit has been disproved by every study including those from conservative organizations and the joint committee on taxation. the bottom line is if you're going to increase the deficit, and then have paul ryan and

marco rubio and donald trump talking about the wage you have to -- the things you have to cut to offset the increase in the deficit, well then you start talking about poor people and entitlements. we're all in favor of proper enteet willment reform. >> we need entitlement reform. but to suggest now in the same breath that you're cutting the corporate cuts and then you're going to talk about welfare and medicaid and social security, that feels -- just feels ugly. >> reminder, president trump loves to talk campaign promises. he promised not to cut medicaid and medicare. but there is a program i must bring up, chip. the child health insurance program. it is still not funded. this is crazy. these are america's poorest kid need to get their flu shots. vaccinations. >> this is basic health for kid that come from poor families. kid that made no choices coming from poor families. >> that is so important. they're children. they doesn't decide to be living in poverty and if they want to get out of poverty, they need to be healthy.

i want to share what or enhatch had to sachlt he said over and over, this thing is going to get done. but here's what he said. >> i have a rough time wanting to spend billions and billions and trillions of dollars to help people who won't help themselves. won't lift a finger and expect the federal government to do everything. >> won't help themselves. >> kid. >> these are children. >> yeah. >> these are children. if you say you're going to get it done. it's getting cold out. there get it done. >> president trump and congressional gop leaders continue to face off with democratic leaders in a bid to avoid a government shutdown. they agreed to kick the can on a spending bill to december 22nd. they're far apart on so much issues. democrats want to renew daca waivers for children of undoimeu undocumented immigrants now and they say they can do it next year. democrats also want to match all defense funding increases with dollar for dollar increases for nondefense funding.

republicans, they're balking at that. all of this means that we could be facing another idea of a government shutdown which is crazy that we're going to face this before taxes. the united states of america doesn't want this to happen. this is d.c. dancing. there is no shutdown. >> that's why people don't like it. you get into a cab in new york city, the basic expectation is the money to pay them to get to the destination safely. that is your basic expectation in the constitution for congress. congress has no other responsibility. they don't have to name libraries or make treaties. the one thing that is in the constitution that congress has to do is they have to meet and appropriate funds necessary for the functioning of the government. in other words, getting a budget and keeping government open are the only things congress actually has to do. why would you risk this? that is a simple matter to know ahead of time that there are budgets due, spending bills due. get that done. and leave the rest for later. >> it's also an irresponsible

political dance. there's no reason for this to happen. the economy is chugging along. markets are on fire. things are going well. yet the s & p says if there were to be a shutdown, it would cost the u.s. economy $6.5 billion a week. so government leaders who are dancing around this idea of getti getting us to the edge, shame on you. do better. >> the president talks about more economic growth, there is the thing that slows economic growth. think of the u.s. economy as a marathon. they have a nice pace to them. it's like somebody sticks their foot out and trips them. don't do. that don't play with that. the economy is growing. it's doing better. by the way, the president doesn't seem to see it our way. he seemed to relish the idea of a shutdown in the summer. he tweelted that "our country need a good shutdown" and tried to blame democrats about that this week. >> what president trump has never been shy about shutting down the government if it helps him get funding for, guess what? his border wall with mexico. >> but why? i thought mexico was paying for it? >> along with the promise that mexico will pay for it this is

one of the president's most consistent if often repeated pledge this is year. the white house spokesperson reiterated that pledge this week. >> i think the need for the border wall and border security as well as responsible immigration reform still stands. and we still need to look at all the ways that we can protect our national security and we still feel strongly that's one of them. >> we're going to discuss the details on that on the other side. the house approved a $1.6 billion alotment for president trump's wall back in july. >> i don't understand why. mexico, mexico, mexico. >> they're paying for it. the 1.6 doesn't come close to what it's going to cost. so how much are u.s. taxpayers really going to have to pony up for this wall? >> president trump keeps promising a southern border wall that mexico is going to pay for. but the cost estimates have been all over the place and going in the wrong direction. during the campaign, trump first said the wall would cost $4 billion. his own estimates jumped to $7

billion. then $12 billion. in january, republican leaders paul ryan and mitch mcconnell guessed it could go even higher, up to $15 billion. then in february, reuters got its hands on an internal report from the department of home land security which projected a whopping $22 billion. there say reason for the dhs' massive price bump. they tlid to accouried to accou the price of land. the fifth amendment allows the federal government to take the land for the public wall but it has to compensate the private land owners with a fair market value. this is known as eminent dough nan. recent history those us just how costly this process can be and how long it can take. back in 2006, a law called the security fence act was passed authorizing the construction of a border fence along 700 miles of the u.s.-mexico border. it resulted in more than 400 federal lawsuits that have dragged on for years in court.

fair market value is also very tough to predict in order to complete the existing border fence, reuters reported one case in which an initial offering of $230,000 resulted in a settlement of $4.7 million. president trump acknowledged that of the nearly 2,000 miles on our southern border, only half will require a wall or a fence. but that means hundred if not thousands of property owners face eminent dough nmain. let's get back to that mexico paying for the wall thing. the mexican government has been very clear that under no circumstances will it pay for the wall. president trump continuing to promise he americans a wall with a blank pricetag that he says mexico will pay for is naive at best and misleading at worst. >> so we don't know if this wall is going to play into the shutdown. you mentioned that democrats want to not pay for it.

the president would like it paid for. >> not just democrats, a lot of republicans that voted for president trump were under the impression -- the wall was never a priority for them. if it were to be built, it wasn't going to be their problem. here's something important to note. dhs report, lowest number of people caught crossing the border illegally since 1971 and down 25% from last year. >> somebody is doing something the way it is supposed to be. you may believe that people should come into america. if you believe that our borders are weak which is why you need a wall, apparently dhs is doing something which is causing far fewer people to cross the border. >> credit to this administration. the threat of a stronger ice program, stronger d hhs has peoe scared and they don't want to cross the border. kudos for this administration to send that message out loud and clear. pay attention, you might not need the wall. the numbers don't support it. >> i will remind people that argument for that wall if you just put aside the rapists and murderers that president trump talked about, the idea that

illegal laborors take american jobs, we studied this on this show. we studied all the little tour abo literature about it. it doesn't hold water. a kalt yoe study looking at cuban immigration into miami led to net wage increases for native-born american workers. so the idea that immigrants are lowering your wages does not hold water although the administration likes to bring out this largely discredited study done by a guy names borhas. >> president trump likes to bring up himself he hires immigrant workers. he does it himself. >> coming up, president trump nominates pictures for the consumer product safety commission. the only problem is that some people say safety isn't the thing that stands out on the resumes. >> we're going to find out. and expensive training requirements and licensing fees. just to be able to do your job. is your local government profiting from putting barriers up to work or protecting the

consumer? >> good debate. good question. i saw the change in rich when we moved into the new house.

but having his parents over was enlightening. ♪ you don't like my lasagna? no, it's good. -hmm. -oh. huh. [ both laugh ] here, blow. blow on it. you see it, right? is there a draft in here? i'm telling you, it's so easy to get home insurance on progressive.com. progressive can't save you from becoming your parents.

but we can save you money when you bundle home and auto. welcome back. the u.s. economy added 228,000 jobs to the payrolls in november. but many jobs that americans do specially an industry apart of the economy that is growing service jobs, they're the backbone of the working class. well throws jobs often require costly training or licensing fees or both. and that's before anybody can do any work for a paying customer. >> the requirements for these so-called licensed occupations like hair dressers, locksmiths or tree trimmers vary from state to state and even city to city. and some say they act as a barrier to good people who just want to do their jobs. all across the country, obtaining a license to work is becoming the norm. from emergency medical technicians to hairstylists.

critics complain that many occupational licensing requirements get in the way of low income workers and small businesses offering these services to the public. >> there are over 800 occupation that's are licensed and at least one state and about a quarter of the workforce requires p permission from government to do their work. >> he is a public policy professor at the university of minnesota who studied these licenses for decades. he says state and local governments have an interest in protecting public health and safety. which they do by mandating training and licensing for certain occupations. but through his research, he has watched the steady climb of occupational licensing requirements which only affected 5% of the workforce in the 1950s but now affects 25% today. and the cost of the license often prevents people from getting work. >> occupational licensing has a number of drawbacks.

it reduces the number of people who can be in an occupation which drives up prices for consumers. the occupations want licensing to grow because they can make more money and limit the kind of people who can get into the occupation. >> which some say is one advantage of the licensing. those who do invest the money and time can see an increase in wages of between 10 and 18%. but when it comes to licensing requirements, the amount of training required can be inconsistent with from state to state and even job to job. >> the overarching goal of licensing is to protect public health and safety. and certainly you would expect an emt to be much more involved in protecting health and safety than a hair braider or a cosmetologist. >> this isn't a partisan issue. the institute of justice, a public interest law firm with libertarian leanings ranked states by how burdensome they

are. they found that california and nevada leeld the list. but they're followed by red states like arkansas and arizona. and blue state, vermont, and a red state, wyoming, are the least burdensome states. to help workers states should get on the same page. >>listen, licenses are good thing. the person that gives you a pedicure, i want them to have a license, especially if i'm going next. >> right. >> especially if i'm going next. the argument against it, they put up such a barrier. think about it, there are so many licenses. they cost so much money. many people said it is a rack et for state and local government asking for fee onz top of fees. >> i totally get it with the

emt. but you had a person there who was waxing somebody's eyebrows. the person who may or may not have had wax applied to their body, i want the person to know there are certain rules about it. do you use these things? things that come near your body and about safety, that's important. >> i'm going to leave ali and waxing aside. but this is about state to state. >> sow talked about harmonization. >> and there are different states and cities with different requirements. if i get all the licenses in the state of new york and then i decide to move to florida, i'd like to think that i can then be a tattoo artist in florida. >> and again, is there some the training requirements. i think there are some things that need training and there is so may be a local government racket to get you to pay for a license. >> harmony. >> harmonization and harmony. they're both good. coming up, president trump nominates his picks for the consumer product safety commission. you would think the candidates would have safety with a capital

s all over their resumes? right? critics say not so much. and trump's new fill in at another agency that is supposed to protect consumers is said to be reviewing penalties on naughty banks including wells fargo. is the president onboard with that? to most, he's phil mickelson pro golfer.

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president's is reviewing whether wells fargo should pay millions of dollars of fines for lend ago buss. they charged excessive fees to customers trying to secure lower mortgage rates. they investigated and set settlement terms with the bank in november including pretty steep fines. parentally, trump read the report and disagrees with him and says fines and penalties against wells fargo bank for their bad acts against their customers and others will not be

dropped and is incorrectly reported but will be pursued and if anything substantially increased. i'll cut regulations but make penn alts severe when caught cheating. >> what stood out to me he is said as has incorrectly been reported. president trump never uses that language. he always says fake news. so i'm wondering what is up with that. president trump announced ann marie berkel as the pick to lead the federal agency for protecting consumers from hazardous poise and products. the only problem is she rarely voted for a mandatory recall or a tougher safety standard in her four years as a member of the commission including opposition to safety technology for certain table saws that would reduce the risk of finger amputation. you cannot make this up. that's just not controversial. it's just not controversial to add safety mechanisms to table saws to avoid losing a finger. >> i can't.

he did that just because i've talked about tattoos and pedicures. >> there is more. the senate is also considering dana bioco who he nominated. she worked as a lawyer defending companies against liability claims. including defending yamaha against fatal rollovers of the off road vehicles. >> finger aamputations. before we go, we want to remind that you friday, december 15th, is the last day to enroll in obamacare xlafrexchanges to pur insurance for 2015. president trump slashed the marketing budget and cut the enrollment period in half. don't forget if you need this, the numbers come in and show that about 3.6 million people have already signed up. more than at this point last year. but because of the shorter enrollment period, analysts estimate that there will be fewer total enrollees. if you signed up and need it, please do it. it is your last week to do it at

healthcare do t healthcare.gov. >> that's it. can you catch us every day at 11:00 a.m. have yourself a great rest of your weekend. tell people about the obamacare renewal. >> bye-bye. ♪ this holiday, the real gift isn't what's inside the box. it's what's inside the person who opens it. ♪ give ancestrydna, the only dna test that can trace your origins to over 150 ethnic regions- and open up a world of possibilities. ♪ save 30% for the holidays at ancestrydna.com

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