we get more now from adam shapiro. ts that they will begin unwinding the balance sheet later this year. this was part of the testimony that janet yellen delivered before members of the house of representatives. she's going to do the same thing later this morning before the senate. it's part of the semiannual testimony that the fed does on economic outlook. they're also concerned that inflation she says is not growing quite at the pace they would like so they're going to keep interest rates lower. they say they'll raise them gradually but the key for investors, when will they start unwinding the balance sheet and this is what the fed chair said. >> if the economy continues to evolve in line with expectations, it's something that we should begin to do this year and to my mind, i would say relatively soon. the exact timing of this i don't think matters a great deal. it is something we have long been prepare to go undertake. adam: basically they said the labor market is tightening but wages not growing quite as much as they

lauren: tomorrow, adam shapiro in washington. adam: mitch mcconnell is promising they will roll out, we will get the details of the revised health care plan in the senate and then possibly a vote on this bill as soon as next week that it's waiting on cbo score, there's so much more of the agenda at play, for instance, tax reform and a debt creteing increase that mcconnell is now saying that they're going to rescind two weeks of guest recess to get the work. >> as a result of obstructionism. we don't have enough time to address all of these issues between now and the originally anticipateed august recess. >> two more weeks isn't going to solve their problem, what's going to solve their problem is doing what lindsey and graham with others want to do is work with us to improve the existing system. adam: democrat chuck schumer criticizing the decision of the republicans to not only cancel part of the august recess but also their plans with health care reform. just one other thing, lindsey graham, the senator is promising some kind of

adam shapiro, thank you for that. s you heard adam report the white house is going full force straight ahead with tax reform, with the president himself hitting the road this week to sell republicans tax plan. we got to ask, can he get this done and when? joining me now, chief economist at chase, anthony chen. conservative commentator, kristen hag land and democratic strategies michael hopkins. good to see you this afternoon. chris, begin with you. unlike health care, this is real passion for the president to get tax reform done. this is something he knows something about. he is a businessman. >> this is something he obviously showing a lot more interest than the health care debate. that is a good sign for republicans moving forward. that lack of leadership and policy aspect helped health care bill to fail. there is lot more that the gop can generally unify around tax reform as well. so that does make people a little more optimistic on the hill. but that being said the reason why we haven't had comprehensive tax reform

lauren: adam shapiro how many couples of coffee this morning. reporter: i haven't had any yet.see you in a bit. cheryl: we actually had a long talk about the procedures of this the fact that they had a very small window to get this bill through after that gone, and this is what bipartisan could kick in might reach out to democrats. >> once again gop strategist lloyd moethson political strategist eric thanks for staying with us covering breaking news ovnt eric i start with you this obviously is going to be a political football, for the republicans, when they go home, and start to face very angry constituents, they promised would repeal and they said no, they will not dems are going to take advantage of all this. >> they will i think you are going to have many individual members that are going to say look i voted for it, it is the other guys that didn't certainly, they should have. and i think that there is also an argument of concern thank that many people that are looking and watching what happens realize this was a terrible bill. this was not going to get it done this certainl

lori: thank you of adam shapiro.ea: the tenure spending plan would also pave the way for tax reform, something treasury secretary stephen h. and discussed at a lunch in washington yesterday. >> we have one of the most complicated systems in the world. we tax on worldwide income with our system of deferral and it's not surprising trillions of dollars are left overseas. we want to bring back those profits with the lower business rate so that companies can invest in america. lea: speak at texas governor house ways and means committee held on tax reform. there is sharply increased military spending or cutting benefits program and food stamps. trade to trade between the two countries. volcker roth also speaking in washington yesterday saying china needs to take steps to open its growing consumer market. >> they remain serious imbalance is, which we must work to rectify. it is time to rebalance our trade and investment relationship any more fair, equitable and reciprocal direction. trade to the meeting after the proposal t

. >> leland: adam shapiro joining us. we just heard from lindsey graham, he's a saying we should start talking to the democrats, does republic and leadership agree with them? >> mitch mcconnell actually said last week that they might have to do that as a plan b. just in case plan a fails. plan a is revising the better care reconciliation act. those are the official details will get later this morning, but already, we know some of the details about what's being amended in the original plan. it's pretty much the same as before, but some of the affordable care act taxes on wealthy people like that 3.8% tax on net investment, that remains. they are also going to offer up a $70 billion on top of the $112 billion that allows states to help people who might get caught short when they try to buy their premiums. the key is the ted cruz amendment. it is a part of the plan. we know that they're going to score this with the cbo different versions. we've been without the ted cruz amendment. concerns with republicans as it will drive u

more from adam shapiro. : >> good morning, ladies, tax reform almost running because the house budget committee has passed the measure for budget resolution we can begin debate and eventually get to some kind of resolution, that's still ways off and we heard already from speaker paul ryan on the need to do something quickly. >> we are going get this done in 2017, we are going to get this done because we have to get this done. the competitiveness of our economy, the viability of our jobs, making sure that we can be competitive, that with can grow, create and raise families and have faster growth and not just the economy but our wages, standard of living, we cannot miss this once in a lifetime opportunity. this is a once in a generation moment. it is time to cut taxes and simplify the code, it is time to create jobs and grow our economy. >> but there are disagreements on where to cut and what the cut. we spoke with house ways means chairman kevin brady just last week and asked him should the corporate tax rate

cheryl: we have adam shapiro standing live on capitol hill with the latest on what went down overnighttch us up, adam. adam: good morning to both of you, pretty dramatic when john mccain casted his no vote. you could hear gasp in the chamber. president trump tweeting about three hours ago right after the vote and here is a quote of the tweet. 3 republicans and 48 democrats let the american people down as i said from the beginning, let obamacare implode, then deal, watch. both sides democrats and republicans agree with the president that obamacare needs to be fixed. the president wants it repealed appear replace. democrats will tell you it needs to be fiction. susan collins of maine, she's been consistent, voted no in 2015 against repeal. john mccain and lisa murkowski from alaska, tremendous pressure to senator murkowski, it did not vote. from the beginning i believed that obamacare should be repealed, the so-called skinny repeal amendment the senate voted on today would not accomplish those goals. leader mcconnell said this just about two hours ago on the floor of the senate. >> i thi

back to adam shapiro there in capitol hill and the latest on how this is all going down, adam? >> reporter: and the key is we're waiting on two republican votes, ron johnson and, of course, senator john mccain of arizona has to vote. for the drama, perhaps we'll see john mccain vote last. if we get 50 votes, you need the vice president to vote yes. you have 51, the simple majority, we are then on the bill, the house bill, they'll begin debating and the amendments if not the first will be amendment for total repeal. that's not expected to pass but that would be what would happen next. trish: thank you very much adam. neil shapiro along with mercedes schlapp, ron christie and you heard the protesters, there you probably wish you were with them. [ laughter ] >> we pointed out this is a somewhat orchestrated thing. what is your reaction to seeing dozens yell and get escorted out by the sergeant-at-arms. >> i'm disappointed you talk about the orchestration. the reality is millions of americans are directly impacted by the lous of insurance that's going to company if trumpcare manage

i want to go to adam shapiro live in washington with more on all of it. hey, adam. reporter: trish, you remember the old twin peeks line, this is a dam fein cup of coffee? this is a damn fine jobs report. 222,000 jobs was much greater than expected as you pointed out. the unemployment ticked up because more people entered the workforce. that is one of the empty tricks we've been watching. participation rate is still low but it has been for years but started to tick back up. the u6 number, talking wonky stuff, overall true unemployment rate is down to 8.6%. a year ago it was 9.9%. this is a very good jobs report. the only thing might be a pause or a red flag wages although they are growing are not growing at the kind of pace you would expect with this kind of tightening labor market. that is something the federal reserve has been paying attention to. they are concerned about the fact that wages are not keeping up with the labor market. so, we did get the monetary report from the labor market. janet yellen will testify about this next week. the key thing people will p

i want to go to adam shapiro for very latest on this health care fight. adam, ted cruz's plan making any progress? is the recess still happening? reporter: the problem with the ted cruz plan, trish, according to some republicans while it would lower premiums for people buying individual insurance, it would raise premiums for people with preexisting conditions. so the compromise that senator cruz has proposed to help the better care reconciliation act be acceptable to republicans in totality may not work at all. but that said, you have president trump who has tweeted not only what you talked about, are they really going away in august on recess without having done anything? he said this too long ago, for this, years, even as a civilian i listened as republicans pushed repeal and replace of obamacare. now they finally have their chance. over the weekend we saw democrats rally. bernie sanders was rallying people to keep republicans making any changes to the affordable care act. the problem the insurance exchanges are collapsing. so changes have to be done. mi

adam shapiro with latest and breaking news in washington on this one. es congress go from here? reporter: according to mitch mcconnell a vote at some point this week on repealing obamacare, the affordable care act. remember the senate actually voted in 2015 and voted to repeal obamacare but the president at that point, president obama, vetoed that. there is only one senator in the senate today who voted against it then, that is of course susan collins of maine. the senators joined her today they wouldn't even vote yes to let this thing go to the floor for debate, susan collins, lisa murkowski from alaska, of course senator capito from west virginia, who were no votes which essentially said dead on arrival. mitch mcconnell whether it is dead or not wants it on the record and wants a vote. here is what he said about that happening? >> sometime in the near future we'll have a vote on repealing obamacare, essentially the same vote that we had in 2015. i would remind everyone, that in that proposal, there is a two-year delay, a two-year delay which would give

adam shapiro has a very brief update for us live from the white house. dam. >> hey, trish, and as you pointed out, this is key because you have people like senator mike lee from utah who have said regarding the cruz amendment that this might be the kind of game changer. there were five senators who said they wouldn't vote for the better care reconciliation act in english. that's the senate version of repeal and replace obamacare. but now mike lee is saying okay. what senator cruz is proposing, that might work. there was a town hall last night, senator cruz speaking to veterans about health care and the need to replace obamacare. and here in his own words is why his amendment, he says, is the bridge to get to a "yes" vote. >> obamacare the last seven years has proven to be a manifest disaster. the most important focus is on lowering premiums. the single-most biggest reason people are unhappy with obamacare is they can't afford health insurance premiums. i hear that every single day as i travel texas. what i am pressing senate republicans, let's focus on lo

where we find adam shapiro for the beige book. reporter: trish, economic activity across all 12 federal reserve districts expanding at slight to moderate pace. a majority of districts expect a modest to moderate gain of growth in the economy in coming months. consumer spending which is rising across majority of districts, softening of consumer spending, especially auto sales which declined in half of the districts. labor market growth continues to expand at moderate to moderate pace. but flat in atlanta and st. louis. big gains in construction and i-t services jobs. businesses reporting lack of qualified workers. wage growth, modest to moderate in most districts. a few districts noted that places eased slightly. that adds to the fed's inflation concerns. new york, tight labor market but commercial real estate market especially in new york softened. in philadelphia, consumer spending declined sharply for clothing cars new home construction. atlanta, consumer spending softening. chicago, real estate activity increasing. st. louis, m

adam shapiro live at capitol with more. hey, adam. reporter: there is chance it will get passed. there is very busy friday. we'll get the cbo score monday or tuesday on the bill now been revised of the they will do two scores, one with ted cruz amendment, one without ted cruz amendment. at the end of the day here is coming out against it. you heard rand paul says it's a no. susan collins appears to be not. rob portman hasn't made a commitment. we believe he will make a commitment to the bill after the cbo score. if portman says no, this thing doesn't survive. if portman says yes, if mr. flake from arizona, he has been on the friends, this thing could go forward. one big issue with the bill is the cruz amendment. it does meet some of the requirements that fiscal conservatives and moderates have about lowering premiums but it also raises premiums for people with preexisting conditions. so this is all in play right now. and that is what, business politics is. they have to figure out how to keep everyone happy and deliver. trish: adam, we're watching it of course as you are very care

fox business's adam shapiro on d.c. with the details. what is the latest, adam? reporter: several senators are saying they don't want this to go forward as a introduction so they can debate. you have susan collins and rand paul, rand paul say absolute no. susan collins doesn't want to go forward as debate. she is wants to fix on the bill going forward. the person who seems to build a bridge to get enough people to vote, senator ted cruz. senator cruz describing his amendment and what happens you now earlier today. here he is in his own words. >> i'm encouraged. i think we're making positive steps. it was a big deal that the senate draft you now inyou clouds the consumer flood he dom -- now includes the consumer freedom amendment. it is focused on giving you the you as the consumer what health insurance you want. reporter: within the last five minutes you have got senator mccain out of arizona saying this is a quote, if we are not able to reach consensus the senate should return to regular order, hold hearings, receive input from senators from both parties, produc

adam shapiro, thank you very much. joining me fox news contributor, former deputy chief of staff to president george w. bush, mr. karl rove. carl, what do you think of my theory in line with the president's? these guys shouldn't take any breaks if they can't get anything done? >> well they ought to stay at. there may be a point if they actually make progress where a working group that is trying to cobble this together need as week or two of hard work on its own and they may be able to let other members who are not part of that working group go home. but you know, i want to go back for just a minute to something that adam talked about, and you alluded to, next book there will be a vote moving, procedural vote on moving to repeal, straight repeal of obamacare and there are some republicans who said they may not vote for that. trish: that's right. >> for a minute, let's think about this, there may be a lot of democrats say we'll vote to proceed to that, in order to demonstrate that the republicans can't pull together vote

adam shapiro with the latest. what is the concessions they're looking to give? sound like so much for any kind of tax give-backs for the wealthy. walk us through, adam. reporter: as far as some compromises on health care, we already know eliminating 3.7% investment tax in the house they wanted to get rid of that, in the senate version it stays. that still is there. that investment tax is part of this. look what mitch mcconnell put out last 15 minutes, this is quote, in order to provide more time to complete action on legislative items, we're not just talking health care but tax reform and debt ceiling and promised nominees stalled by lack of cooperation by our friends across the aisle, that is our friend the senate will delay start of august recess until the third beak in august. it is true democrats slowed down the nominee process. in senate and house the republicans have a majority. they have got to get that majority to vote as the leadership wants and that is where they're having trouble. it was lindsey graham who earlier said with health care we may have to d

adam shapiro at the white house with with the latest. hey, adam. reporter: this follows the testing by north korea of the intercontinental ballistic missile. this went out of the earth's atmosphere and reentered. the question could the north koreans weaponize this with a small nuclear device to survive reentry? the trump administration doesn't want to take chances to give north korea the possibility of developing that kind of technology. this morning president trump before he left for europe made two important tweets. the first, quote, the united states made some of the worst trade deals in world history. why should we continue with these deals with companies that do not help us? the reference perhaps there to china. then he followed it up with this tweet. trade between china and north korea grew almost 40% in the first quarter. so much for china working with us but we had to give it a try. the president has left for europe. he will talk about trade with his european partners. specifically, for instance, trade regarding steel. whether or not china

so that would echo what orrin hatch told adam shapiro. maybe it's 20, maybe 25%.nch seems to be talking much higher. >> much higher. neil: bottom line, you indicated it's still a hell of a lot lower than it is right now. >> right. if you added the state gambet on top of that, it's, like, 37%. and the effective rate because of the deductions and loopholes, it's 27%. so even this, the 25% would be a cut; right? 2%. neil: but ryan's view here is don't make the deficit worse. substantial tax cut. the revenue comes in later. so he is not a possible. senator from north carolina echoes that theme. that's a more prevailing little than we think. >> yeah. let's be clear. the house speaker paul ryan is a deficit hawk. okay? he's not a supply-sider. or he's not a true believing supply-sider. neil: and he's talking tax reform. not necessarily cutting everybody's taxes. but make them simpler. >> i've heard him bring it down. use hand language. bring it down, close the loopholes. neil: and he's not italian. when you notice. by th >> by the way, great guy if you've ever met him.

with more on the latest, take it to adam shapiro, adam? >> reporter: we talk about the health care reform, what we're talking about, emac, is the fact that the white house does believe they can get this through in the next couple of weeks before the august recess, but there are going to be town hall meetings, for instance, ted cruz is having one, and we've already seen protests at some of these events as the different members of congress and the senate have gone home. people opposed to what is proposed by the republicans there. was the proposal last week to split this into different parts to do repeal and another day come back and do reform down the road. that was a proposal ben sass talked about. but we heard over the july 4th recess, which is still in effect. mitch mcconnell saying no, we're going to keep pursuing what we introduced last week. so when it comes to health care reform, that is where we seem to be headed. they are pursuing the better care reconciliation act in the senate, but the white house is optimistic that they will get

adam shapiro is live at the white house with the very latest. the president is in the air right now. but he knows what happens and what is developing. this morning they were responding as they head for the past couple of days to this lunch president trump there were two key tweets. the first came this morning when the united states made some of the worst trade deals in the world history while why should we continue these deals with countries that do not help us. and then is confirmed with the following tweet. i grew almost 40% in the first quarter so much for china working with us but we have to give it a try. there have been a note that china would put pressure on north korea to ramp down its missile program. there was also is the statement yesterday from the trump administration as you take a look at the un security council meeting that is in place right now in a country that host north korea provides economic benefits for failed to fully implement the security council resolution is aiding and abetting a dangerous bridging. those are the cards

committee this morning, we know basically, the headlines what have she is going to say from a adam shapirorings for fbi director nominee christopher ray under way he will face questions from the senate judiciary committee, in about an hour, before the nomination heads to the full senate for a vote. it comes after a wild year for agency, of course, several tro controversies serious toll on about credentialed of gi former director jim comey targeted comey agency several platforms. >> a showboat a grandstander, fbi has been in turmoil you know that i know that, everybody knows that, you take a look at the fbi a year ago, it was in virtual turmoil has not recovered from that. >> fbi, fbi director nonpoliticized that is impartial, that has trust of those at bureau the trust of people from both sides of the aisle, in the house and the senate, and across the land. maria: president trump lashed out at comey on twitter after firing him in may, remember he wrote this jim comey will be replaced by someone low will do a far better job bringing back the spirit and the prestige of the fbi. joining me ri

adam shapiro is on capitol hill right now. it is about medicaid also. once that amendment the amendment is offered. most likely after midnight this evening. there's three big issues here. it would repeal the mandate for individuals to buy insurance it would also repeal the mandate on employers in some cases to provide insurance. it would repeal the medical device tax. it would be gone. and it would also defund planned parenthood. there is a question to the defunding of it. the leadership says yes. there was a version of this in 2015. it would be used and would be compliant. here is what he said. about the need to pass not only the amendment but then send this to the house. eliminating those mandates would be a significant step and i think there may be 15 republicans they are confident they will get passage. we have lisa murkowski who is saying she's not exactly committed to know. we just want to let everyone know. he is the alabama republican also the trump attack on his best friend in the senate the fellow albanian jeff sessions that is about 20 minute

our own adam shapiro has the latest on the health bill. first god no -- did not fly, then just repeal did not go through, what happend. >> you don't have enough senators among republicans to vote to even come to the floor for debate. there are others who kept it on the edge, susan collins of maine, lisa from alaska, and senator from west virginia, they said they were no votes on just a repeal without a replacement, i believe murder cow see said she would not bring it to the fly for a debate. you heard mcconnell said this will be a vote to repeal. back then collins voted again repeal. as you go forward, you heard president say. let affordable care act die, then we can fix this later on. >> president's path, make things worse than they are today is not an acceptable choice. i hope our republican colleagues will realize that. reporter: they will not come to the table if there is a repeal. expect home to turn up the heat. pointing out that president who chargions -- champions himself as a businessman who makes great deals, there is no deal on

adam shapiro joins us. reporter: the pressure is on.arting debate is telling america that you are fine with the

for the latest let's go to adam shapiro at the capitol. am: a lot of people nationwide are saying it's about time. now we'll have the amendment to the house bill which is what we are on. some of these amendments are expected to fail. such as an amendment to totally repeal. here is what john mccain said about both sides working together, democrats and republicans. >> let's trust each other. let's return to regular order. we have been spinning our wheels on to many issues because we keep trying to find a way to win without help across the aisle. that has been used by both sides from the top down without help from the other side with all the parliamentary maneuvers that requires. we are getting nothing done, my friends, we are getting nothing done. adam: a vote is expected by the end of this week. they are talking about if you don't get a repeal and replace you might get a skinny repeal that might eliminate the employer and individual mandates. they have spending for the opioid addiction. and the conservatives want to repeal the obamacare taxe

remains to be seen whether they will be voting on just repeal of obamacare or replacement as well adam shapirody by life i just wonder what will happen. on top of that could he go a little rope and start calling out individual senators. he could try to call them out. you don't score points by calling up people who said absolute no. at the jamboree of gym. the president well have an opportunity to see the future leaders of our country. i look forward to welcoming him to the mountain state. they are using the bullet to put a little pressure was going to be right there with them. now be awkward with the a-uppercase-letter i would think. maybe not intensity take amanda's tone. he wants to see something done. is obviously frustrated as are many americans. they are a little confusing. they would be covered many of those would be by choice and to keep this simple. the way the cbo says it is 22 million would be uninsured. there was a leak of numbers would be uninsured. the wording here gets very quick tricky. and that is part of that. i want to bring in brad lakeman who was also standing by. as will w

we bring in adam shapiro. reporter: first thing, it says 443 -- saves 473 billion dollars., by 2026 we would have 32 million americans uninsured. relative to where we are today, those under the law today would have insurance if we repeal the affordable care act. just next year in 2018 according to cbo number of unsured would be 17 million. average premium in nongroup market, individual, would increase by 25%. comparedded to where they are today under the law, just next year they would increase 50% by 2020. and premiums they expect would double by 2026, and roughly 50% of the nation's population, would live in an area with no insurer participating in nongroup market in 2020 because of pressure on enrollment and premiums, the score is out, bottom line it does save money to the government. roughly 473 billion over 10 years. but 32 million people would not have insurance in 2026. they have insurance now under current law, but th premium going up under the current law and people can't afford it. liz: thank you so much adam. >> we talk it to the panel, giana what do you think? >>

adam shapiro joins us with all the details. reporter: it's important to know in regards to tax reform, they have always been on separate tracks. tax reform will be guided by what will eventually be the 2018 budget resolution in the house and senate. tax reform according to chairman kevin brady of the ways and means committee not in jeopardy. but with healthcare, you saw what happened today. let's look at the three nors who for lack of a better term killed the repeal of obamacare. yet there may be at the end of the kay the ability to come together, democrats and republicans. >> let obamacare fail. it will be a lot easier. i think we are probably in that position where we'll let obamacare fail. i'm not going to own it. the republicans are not going to own it. we'll let obamacare fail and then the democrats will come to us and say how do we fix it or come up with a new plan. reporter: the democrats are quick to shoot back saying the president wants to sabotage income the united states. >> the president's path which is simply to sa

let's go to adam shapiro in washington with the latest. ke a live look at the senate because, you know, the republican leadership is meeting with senate republicans right now to talk about what is happening with the better care reconciliation act. this is, as mitch mcconnell has indicated to different people, coming to the foremost likely next week. but in some kind of new form. it will either include the revisions, the amendments like ted cruz's amendment as well as more money for opioid addiction treatment, that's something senator rob portman wanted. but is it enough? and you can sense from the republicans in the senate that they're growing impatient. they want to act whether it's a yes or no, no matter what is in play. in fact, listen to what senator kennedy from louisiana said just roughly 40 minutes ago. >> it's time to vote. just put it out there, let people offer amendments. let's, let's just hit it head on. it's not going to, it's not going to get any less complex. the affordable care act is not going to get any better. the bill's

yet again adam shapiro following this drama from the white house. the wheeling and dealing is already taking place it started just as they released the bill yesterday in this morning from the president who has been phone calling and speaking to senators who are on the fence. let's start first with the president's tweet this morning. he said in a tweet tweet republican senators are working hard to get their failed obama care there failed obama care replacement approved i will be at my desk pen in hand. you also tweeted that they're working hard those senators who might be on the fence to buy in to the revisions to the better care recreation act. that has brought some of the moderates in because it doesn't provide for cheaper insurance plans. here's what lindsey graham said about it. the new idea is much better. it repeals the employer mandate. his provision is a good one. there are still concerns about the bill. here is what i hope we can do as republicans. you are ready had two a senators who are essentially say no to even letting the bill go to the

we want to go to adam shapiro at the white house for details what is president is expecting. am. >> let's talk about poland because the president will be getting off of air force one momentarily. he is going to poland, one, he is going to enjoy a good relationship, not only with the polish president but also with the polish people but discuss energy independence. there is a summit taking place in poland. it is three b seas initiative. baltic, adriatic and countries on those different seas. they rely heavily on russian gas shipments as central europe. natural gas is a big player. president will meet with them during this summit not only ways poland can get energy independent, not be so dependent on russians and some of these other countries are members of nato. there is concern about russian aggression at some point in the future after what we've seen with russia and ukraine. that is why he is making the first stop in poland. there will be a great discussion with the three seas initiative leaders from those other countries about energy, david? david: we should mention, can't pu

adam shapiro joins us. reporter: the pressure is on. the president said any senator who votes against starting debate is telling america that you are fine with the o-care nightmare. this isn't the first time we have heard president trump use the o-care nightmare phrase. he talked about that during the 3:00 hour when he met with what he calls victims of obamacare. families who had to deal with the negative consequences of obamacare. >> for senate republicans, this is their chance to keep their promise. over and over again they said repeal and replace. repeal and replace. but they can now keep their promise to the american people to provide emergency relief to those in desperate need of help and to improve healthcare for all americans. reporter: what we'll see tomorrow in the senate is a motion to proceed to get on the bill. the bill they will be talking about is the house repeal and replacement of obamacare, the reform of obamacare. there is a potential for amendment such as a permanent repeal for the senate to vote upon. the key is gett

adam shapiro in washington with the latest. add-on. >> good morning, ladies. health care is back front and center. the president hosting several senators from the republican side over at the white house for lunch and urging them to not only repeal obamacare, but replace obamacare. here's what he told them. >> and ready to ask. i have pen in hand. i'm sitting in the office. you never had that before. for seven years you haven't easy route. we will repeal cover replacement is never going to sign it. but i'm saying that. inaction is not an option and i don't think we should leave town unless we have a health insurance plan. >> part of the message is still a washington until you get something accomplished. majority leader mitch mcconnell respond to this by saying >> let me respond with what yesterdays. the motion to proceed. we cannot keep the commitment to the american people to repeal and replace obamacare. >> republic thomas about whether to vote to proceed or to repeal next week. back to you. train to a new fox news poll shows 74% of voters thought republicans

adam shapiro joins us live from the white house newsroom. >> that's correct, molly. what we are watching here in washington is the cbo because we are waiting for scoring on senator ted cruz's amendment which could actually save the reconciliation act. senator cruz was in texas last night. he was attending a town hall with u.s. veterans talking about health care. he has proposed an amendment to the senate bill which would allow insurance companies to essentially allow insurance to be sold at lower premiums as long as a way of selling insurance under the obamacare guidelines. they would in effect be able to offer one plan which could be cheaper, but also offer a plan to people with pre-existing conditions. will this win approval from other republicans? that has had to be seen, but here's with us senator said about it last night. >> obamacare, the last ten years, has proven to be a manifest disaster. the most important focus is on lowering premiums. the single most biggest reason people are unhappy with obamacare is i can't afford health insurance premiums. i hear that

adam shapiro is with us. reporter: let's talk about healthcare. there was another cbo score in regard to the better care reconciliation act. that's the replacement portion of repeal and replace obamacare. essentially the numbers didn't change that much. in 10 years according to the cbo there would be 22 million more uninsured people. it would have great cost savings. but that was a figure that came in today. but then there is tax reform. let's talk about that. the speaker of the house took to the road today because that's where the attention is now. here is what he told factory wers in florence, massachusetts. >> we are going to get this done in 2017 because we have to get this done. the competitiveness of our economy, the vie bit of our jobs, making sure we can be competitive and raise families and have faster growth. we cannot miss this once in a lifetime opportunity. this is a once in a generation moment. it's time to cut taxes and simplify the code it's time to create jobs and grow our economy. reporter: the house budget committee did pass on

adam shapiro has been parsing through this, revised draft, call it, right, adam? >> absolutely a draft. the key to the scorecard, that the ted cruz amendment, whether or not it will bring enough people together to vote yes. as you pointed out, liz. you have susan collins of maine who at this point a no vote. just bringing it to the floor for debate. you have rand paul, also a no-vote on all of this. read you susan collins tweet. this is what is so key here. still deep cuts to medicaid in senate bill. will vote no on motion to proceed. ready to work with gop and dem colleagues to fix flaws in the affordable care act. when we talk about the ted cruz proposal it, would lower premiums for people who buy insurance by allowing insurance companies to sell insurance plans that do not meet the obamacare regulations, as long as they are offer one plan. that does meet those regulations and those regulations being preexisting conditions. the concern is that it will drive up the cost for people who buy insurance that cover as preexisting condition. so all has to be reconciled.

let's bo to adam shapiro live at the fed. reporter: the federal reserve appears divided when to begin unwinding the balance sheet. some fed officials want to delay starting unwind for them to assess inflation. from the minutes, several preferred to start announce of the process in several months in support of this approach. it was noted that the committee's communications had helped prepare the public for such a step. however some others emphasized deferring the decision until later in the year would permit additional time to assess the outlook for economic activity and inflation. a few of these participants also suggested that a near-term change to reinvestment policy could be misinterpreted to signify that the committee had shifted toward a less grad all approach to overall policy normalization. the fed expects inflation to remain somewhat below the 2% target near term. the fed reiterated support for gradual increase in the federal funds rate. participants believe in 2018 there will a bit of a slowdown in the economy, revis

liz: adam shapiros ha the latest. adam? >> reporter: one of the things you want to look at as anthony scaramucci is in charge of the message of the trump administration is will they be able to connect congress with the message? and, of course, the president's agenda which is in some ways in line with the republican agenda. on tax reform, on health care, we have seen several roadblocks, can anthony scaramucci deliver and help get perhaps congress and the administration on the same track with health care, and keep that going as they move towards tax reform? here's what, as they call him in the media, mooch had, to say. >> members of congress get to know him better and get comfortable with him, they're going to let him lead them to the right things for the american people. i think we're going to get the health care done. i also think we're going to get tax reform done and whatever else is on the president's agenda, we're going to work very, very hard to make it happen. >> reporter: so that's what anthony scaramucci, his job is

neil: thank you very much, adam shapiro.is all it is will allow republicans the opportunity if it were to pass to fight another day. it is technical in nature but it is sweeping in implications because a no vote effectively botches any effort on the part of republicans to move forward at least immediately. you heard from senator grassley that they would still address this because healthcare itself is imploding and they got to do something and in case of senator grassley in iowa where those health exchanges are shining down fast but the fact is they are running out of options and running out of time and a procedural vote that allows them to fight another day gives them time. democrats a time to screw up, republican say time to get it right. we will see after this. if you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse. help stop the journey of gum disease. try new parodontax toothpaste. ♪ one laugh, and hello sensitring a bell? then you have to try always discreet. i didn

adam shapiro on capitol hill with the latest on healthcare. reporter: pressure that president is putting on republican senators to do something, he wants repeal and replace, he is heading to west virginia appearing at a boy scout jamboree with the senator who was co one of the hole outs on this. president said about need for senate republicans to act. >> the question for every senator, democrat or republican, is whether they will side with obamacare's architects, which have been so destructive to the country or with its forgotten victims, any senator against startin -- selling america you are find with the obamacare nightmare. reporter: tomorrow, what will happen we believe is motion to proceed, that would below the house bill. once that passes if it does, you can then add amendments to the house bill, it u would be repeal bill or replace bill. it could be several amendments, so the senators don't know which form of legislation they will be voting upon. but they will vote on a motion to proceed, on the house bill. >>> we'll come back adam, rig

adam shapiro is live in d.c. with the latest on this one. adam, you know this is the story we carry about here. >> reporter: absolutely because it affects business and all of us. 320 million americans and house republicans and senate republicans will see our taxes cut if we do tax reform. the speaker took to the road today, because they learned their lessons from health care. they need to get out in front of all this. we're starting tax reform discussions. here is what he told factory workers in lawrence, massachusetts. >> we're going to get this done in 2017. we're going to get it done because we have to get this done. the competitiveness of our economy, the environment of our jobs, making sure that we can be competitive, that we can grow, we can create and raise families and have faster growth, not just the economy, our wages, standard of living, we can not miss this once in a lifetime opportunity. this is a once in a generation moment. this is time to cut taxes and simplify the code. it is time to create jobs and grow our economy. >> repor

but first we start with adam shapiro in the white house with the latest on health care fight. adam: trish, the law being continues behind the scenes, the vice president giving speech behind the scenes, he met with remember members of the senate, senate republicans, look at the tweets that president trump issued this morning. key one is this right here, quote, republican senators working hard to get their failed obamacare replacement approved. i will be in my desk pen and hand. the question is will the senators be ready to vote yes. lobbying continues and one of the issues that ted cruz amendment doesn't bring enough to bring moderates together with the conservatives and say, yes. here is what senator lindsey graham told us today. >> mitch he's new idea is much better, repeals individual mandate, repeal it is employer mandate, ted cruz's provision is a good one, there's still concerns about the bill. here is what i hope we can do as republicans, offer alternative of obamacare that makes sense and helps people. adam: we already know that susan collins of maine and rand paul said

adam shapiro is in washington with more, ada. >> at this point the senate is waiting for the cbo score on the revised score, the key is they're going to do a score with the ted cruz amendment and without the ted cruz amendment. bottom line the concern is amendment will raise premiums who americans who buy insurance on the obamacare exchanges but with preexisting conditions. but ted cruz says this is win-win. >> that's an amendment that my office drafted and it's really focused on getting you the consumer the power to choose what health insurance you want. >> senators like john mccain are saying if we are not able to reach consensus, the senate should go to regular order and produce a bill that finally provides americans with access to affordable and quality health care. mitch mcconnell is promising a vote next week but the question is does he have enough votes to get to yes. back to you. >> that's, indeed, the question, thank you, adam. cheryl: we have john roberts live in paris in bastille day with coverage, john, good morning. >> good morning to you, there's barely a cloud in the sky

adam shapiro live in washington with what exactly is going on with the vote. adam? >> reporter: right, this is the straight repeal, and it was going to die because the mod rates want there to be a replacement. you heard rob portman in the last hour say there has to be replacement, that means the medicaid stabilization and expansion, that's billions of dollars that the conservatives don't want to be part of any health care reform. so the skinny repeal which is going to be coming down the pike, john cornyn said we will see the text of the repeal within 24 hours, the skinny repeal would repeal the individual mandate and the employer mandate to buy insurance. that's not enough to consider senators portman or collins to jump on board. that's in danger. here's what senator john cornyn said moments ago. >> once we got on the bill, there is expedited process, 20 hours of debate and the famous vote-a-rama at the end where we vote until we get fatigues and worn out and quit. so we'll conclude one way or another either late thursday night or friday morning. >> reporter: there

i want to go to our own adam shapiro for the latest on health care. we know senator mccain getting surgery in arizona, his absence is delaying this vote but is there any eta, adam, at this point when they might take it given it is looking dicey whether they got the amount they need? reporter: dicey but not out of the ballpark, trish. there is no eta on a potential vote. we do expect we could see the cbo score as early as tomorrow. the question do they have enough votes even if senator mccain is able to return in a week or two weeks is still up in the air. we know there is an intense lobbying effort but this buys republican leadership, for a time, lack of a better term, convince or coerce 10 holdouts they should vote yes. collins and pal will vote no. others still up in the air. this is what john barrasso, republican leadership had to say about it on "fox & friends." >> we believe there is and your again sy to get it done. we'll certainly wait for senator mccain to come back. he is a fighter. he is tough. he will be back. i am sure ready to go. so we're

adam shapiro is live at capitol hill with more. adam. >> hey, yeah, this is a number that comes from an article who's the founder and president, trish, of the foundation for research on equal opportunity. now they identify themselves as a nonpartisan think tank. they do align with conservative causes and some people have said with the coke brothers. but you can't dispute that figure, which they're talking about. and even president obama originally when congress was debating the affordable care act says you can't mandate people to buy something you don't want. and then he went back on that. so this is a figure, 73% of the people, according to cbo of that 22 million would not be buying insurance because they no longer be forced to buy insurance through the mandate. so president trump had other tweets this morning too. he said this morning quote drain the swamp should be changed to drain the sewer. it's actually much worse than anyone ever thought, and it begins with the fake news. but when you talk about the health care vote that cou

adam shapiro is on capitol hill with the latest. hi, adam? >> reporter: hi, david. now we are on the bill. the house bill, which is going to be amended. we're going to see a whole bunch of amendments offered to the legislation. the house passed several weeks ago and roughly about 20 hours of debate in the process and different people are saying we could see a vote whether to go forward as far as repealing and possibly replacing obamacare in different ways or forms. by the end of this week. it's going to be a long, long what they call vote-a-rama. why it's important for democrats and republicans to work for the american people? >> let's trust each other. let's return to regular order. we've been spinning our wheels on too many important issues because we keep trying find a way to win without help from across the aisle. that's an approach that's employed by both sides, mandating legislation from the top down without any support from the other side with all the parliamentary maneuvers that requires. we're getting nothing done, my friends. we're getting nothing done. >>

than to have a half-ass bill like skinny repeal, he said it would collapse anyway, take if to adam shapirowe're in turmoil, we thought we would have a debate throughout the night, get something done, these 4 top g.o.p. senators now petting kibosh it seems to skinny repeal. reporter: well, i heard, lindsey graham say, no, not a kibosh just yet, he wants a guarantee from paul ryan that the speaker of the house, in they pass the skinny bill, if they pass that, and it is now sent to the house, that it goes to conference committee, he does not want to chan chance there being a vote in house, constitution says if senate votes and house votes and passes it goes to the president and gets signed much if the skinny repeal, when is a repeal of mandates on individuals buying insurance, and's repeal of mandate of employers and defunding of planned parenthood. if the president were to sign that into law, what lindsey graham is saying is that you would have a collapse of the insurance markets, and this would be a disav snee disaster. liz: hang on, the 4 senator each individually said we're opposed to ski