. >>> as the new year apoaes, consumeronfidence soaring. new jobs coming. and donald trump taking credit. and now some here say he needs to push an across the board tax cut right away to keep it going. are they right? happy new year everybody. i'm dagen mcdowell in for brenda butner. this is "bulls and bears." gar b., jonas, welcome to everybody. gary b., is an across the board tax cut needed right away right off the bat? >> absolutely. dagen. look, we have had a rally in the stock market fueled and i think quite rightly so on optimism that donald trump is looking out for america. he's going to do the right things economically, foreign policy. but economically i think there's still a few gotchas for most people out there. look, we have median household income that's still -- inflation adjusted still lower than it was in 1998, dagen, it's lower than it was in 2007. we have a labor force participation that continues to decline. just a couple years ago was 66%. now it's barely -- just a little bit below 63%. so there's peopl out there that don't have a job and

in fact it's supposed to be apoa pretty nice one mike thomase ths says.with him on theh other side of the break.f the b don't go anywhere. >> ♪♪ ♪♪ it's go time at dunkin' with two wake-up wraps for $3. enjoy two freshly made oven-toasted wraps with bacon, sausage, or ham and keep on all day. america runs on dunkin'. z25eiz z16fz y25eiy y16fy >> ♪♪ >> welcome back i'm annie yu. me baannie yu.in addition to tht closures, we have bridges that d are closing as well and metro eo stops that you need to beat youe aware of that are closing for fr security reasons. reas right now we are on ar constitution where several sevel blocks will be closed startingdg today. it's going to be a big mess downtown around the nationalhe n mall p-lincoln memorial and other parks and so we wille have all that coming up forp you in just a little bit.in jus back tlio you in the studio. ♪♪ ♪♪ >> 5:15 is our time right now.gn there's a beautiful picture ofcf the lincoln memorial, everyoneee just easing on into what looks to be a