absolutely. >> senator david perdue, i have to leave it there. always a pleasure to have you on and have you share your views. >> thank you, chuck. you got it. >>> let me bring in tonight's panel. senior advisor and josh, politics editor with the national journal. old colleague of mine. welcome all. josh, i want to start with what we saw from the president, the message was exactly the same. everything he said, which was the point i want to make. and it is sort of interesting, people were cringing at the cpac speech, worried about what's going on all he did was change words and round off the edges and now they love it. >> the point is tone matters. public relations matters. and i don't think the trump white house realizes the power of winning over the media. maybe the poll numbers bont in the low 40s. >> what'd you make? >> i think bart is so low for this president that it's on the floor, seriously. it's just -- we can't -- he's supposed to be our president. he's supposed to behave a certain way, but yet, we're always looking for the pivot. and he

senator david perdue., thank you for being with us this morning. >> good morning, becky. >> we did hear the president talking about the plans that he wants to put forward, specifically with taxes and trade, but we still are waiting for the details to get worked out on those levels. i know that's been a sticking point that you've raised issues with as well, the border adjustment tax being one of them. you want to talk about where you see things right now and how you think this is going to work out? >> well, first of all, i'm excited. we saw a president, i think, hitting his stride last night, laying out an optimistic vision for our country, telling democrats and republicans we got to come together to solve these big issues that we all know exist. i'm excited that our house right now with kevin brady and paul ryan talking about how to revise our tax structure. the individual tax rates, corporate tax rates, the structure beneath those in terms of deduction, but also the repatriation tax. these things we know

senator david perdue of georgia and i went to meet with trump.had a productive meeting, talked about steps he has takenu what we're going to have to do in tandem with congress and thea president, especially on obamacare and tax cuts, to get the economy growing even faster, create more jobs, in particular, legislation that david perdue and i have that would try to reorient our legal immigration system away from mass unskilled immigration which has had such an effect on working-class wages in america and moving toward high skilled and ultra high skilled immigration as president trumpil has said he wants to do. >> bill: we will get to thatat in a little while. did you ask president trump if he had any information he would like to give you as a member of the senate intelligence committee backing up the assertion that president obama tapped the trump tower? did you ask him about that? >> no, bill. we talked about the economy, obamacare, taxes, and immigration. >> bill: were you curious about that? >> our inquiry and our review on the intelligence comm

the only former fortune 500 co in congress, david purdue -- ceo in congress, david perdue. avid rubenstein will be joining us. a tale of 2 retailers. relative keeping americans going to their stores. , truly ugly. falling ahead of the open and missing on estimates. weak demand on gaming. a shortfall on product availability. this is bloomberg. ♪ david bang from new york city, this is bloomberg very i am a jonathan ferro. -- jonathan: from new york city, this is bloomberg. i am jonathan ferro. fillon promises to stay in the election. bloomberg's deputy bureau chief joins us. great to have you waited. campaign. a lot of drama. what have we learned? >> a chaotic morning. basically, fillon said i will stay in no matter what, even if i am charged with miss you of public funds -- misuse of public funds, i am staying in. he rallied his base by saying the judicial inquiries are in regular and amount -- a regular and amount -- irregular and amount of political attack on him. tough to say. ultimately, both of them, for now, talking to pollsters and they say hang on. talking to people i

senator david perdue spoke earlier today on "bloomberg daybreak america's." cerned about the lack of specifics in the speech. sen. perdue: not at all. in, he needs to send a vision. there's a lot of details being worked out. the night, we saw him lay priorities out there with regard to getting the economy going and also how to reengage with the rest of the world. i give him high marks for doing that last night. >> we have an election coming up next year and then a limited time to make gains. sen. perdue: what i see right now is the white house moving at a business pace rather than a government pace. you will see that continue. we need to get congress to catch up. he can even have a staff meeting at. the slowest pace of confirmations since george washington was in office. even -- he can't even have a staff meeting yet. >> i'm not so sure he subscribes to that. sen. perdue: you have to take care of job one, getting america healthy again. the rest of the world needs america to be healthy again. we have to get the economy going. you been talking about how the mark

perdue: good morning. davidtalk about this federal deficit limit that expires at midnight tonight. is this symbolic? there is something important going on here. downperdue: we won't call and credit in the united states government, we will pay debts, but i don't see that as the problem. our budget is the problem. they are talking about potential interest rate hikes, and every core .3 have seen is $50 billion of new interest, -- every quarter has seen $50 billion of new interest. we will have many more in less it under control now. david: you make an important point, which is an alarming percentage of our budget right now is with servicing existing in may haveat is had little interest rates. when happens when it returns to "normal" interest rates? sen. perdue: we had $20 trillion in debt. 5%,hey are the average of we would be paying $1 trillion in interest. last year, we paid a little over $2 trillion because interest rates were low. if the fed goes up, we will have had 150 billion dollars of interest we have resp

. >>> when we come back, republican senator david perdue is with us.ut a possible border tax and the gop health care bill. >>> and why the fed is expected to raise interest rates at this afternoon's meeting but are the markets ready? we'll here from former fed governor mark olson. the dow is up 36 points. after this break. your path to retirement may not always be clear. but at t. rowe price, we can help guide your retirement savings. so wherever your retirement journey takes you, we can help you reach your goals. call us or your advisor t. rowe price. invest with confidence. experience exciting offers on sales event is here. our most thrilling models ever. get up to $2,500 customer cash on select 2017 models for these terms. experience amazing at your lexus dealer. >>> there are parts of the republican party that are questioning the divide in the gop. joining us is congressman perdue. are there issues like corporate tax reform because of the splits we're starting to see in your party? >> reporter: sar >> sara, they are anticipating what this president

we're going to -- we'll talk to david perdue. we're going to talk to tom cotton.. >> he's pointed out the senate doesn't have an alternate plan. >> yeah, nothing else. so kevin brady had your thinking that was early and it's going to be done that way. i worry about a lot of the wishy-washy, pseudo conservatives in your party right now though. >> kevin brady came over and briefed our conference just two weeks ago with the speaker. we had a very, very lively exchange. that's what we need to be doing. that's not unusual. i think that's actually healthy. you guys were talking about tax reform. wilbur ross, president trump, they're talking about and are focused on another element of what i call tax reform, which is regulatory reform. they're focus on this is the critical thing to get our economy going. all these regulations put on by the obama administration, these are taxes. to focus on that as well is, i think, going to be really important to jump start this economy, which the president focused on in his speech to a joint session of congress. that's another key area

provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable david perdue, a senator from the state of georgia, to perform the duties of the chair. signed: orrin g. hatch, president pro tempore. mr. mcconnell: mr. president? the presiding officer: the majority leader. mr. mcconnell: last night in my home state of kentucky, the president called for an end to obamacare as congress continues working to repeal this disastrous law and replace it with patient-centered solutions. in kentucky, just like across the country, costs are spiking, choices are dwindling, insurance markets are edging closer and closer to collapse. listen to this wife and small business owner who lives in shelby county. she wrote to my office about her problems with obamacare. here's what she said. she said, i've seen little or no success where obamacare is concerned. the current insurance available is causing working-class americans to choose between paying their bills andeth going need -- and getting needed medical care. we need help. kentuckians deserve better than obamacare. the america