charles payne what do you think? otherwise we wouldn't have this segment they have been taking care of this months ago. >> neil: i think if it were complex we would still do the same. >> [laughter] >> neil: you're assuming everything has to be simple. >> charles: but what happened to repeal and replace? listen, i don't even know. they booked themselves to repeal and replace or come up with something like that that risks the health companies. >> neil: ben stein? >> ben: i don't have a problem with the word bailouts i think it was a great idea and bailouts of the big financial companies was a great idea and we have to have bailouts of the health companies that's a good idea too i just i go along with the jimmy kimmel test. i don't want people to have to run out of money and have their children die in front of them because they don't have any money, call me a bleeding heart and i am a bleeding heart, but i love love love the idea of government actually saying we're going to take care of the least among us. >> neil: adam?

let's get to it with my team panel joining me charles payne, we've got deirdre b, what is joe doing here? ben stein and last but not least adam leshinski. charles let me go to you first on whether the president disrupted the message. you know i'm in a town right now that is hungering for these tax cuts a lot of them pay at the top advertised rate the sticker price rate, odd as that seems and they want to see it, so whatever their political persuasion they get a little concerned when the president goes off topic. do you? >> charles: i'd like to see a little more care "with the stick because you know, president trump comes from the business world he's dealing with congress and you'd think that an elected official will look out for the people's business and not necessarily making decisions based on their own egos that may not be the case so that being said, you know what works in business you can have tough tactics and in that making a deal and even being friends with the person across the table from you. it doesn't work or hasn't worked that way in a long time in washington d.c. and that's

charles payne. >> i love sun trust, regional bank, my favorite. neil: adam? >> charles and i agree.have a regional banking etf. they have tax rates which could go down. neil: ben. >> spdr's, i've done well with them, thank you, god and i'll-- >> and you've got a book out. >> i love capitalism. neil: doesn't sound enthusiastic, but in the book he really is, talk with him more about that. the cross of freedom continues on the place for business. david asman. david: in the urgent sales pitch to make the tax code simpler, does president trump need to take a cue from the gipper? here is our president now. >> we're going to cut taxes for the middle class, make the tax code simpler and more fair for everyday americans, and we are going to bring back the jobs and wealth that have left our country and most people thought left our country for good. david: and now, here is the great communicator. take a listen. >> i'll start by answering one question on your minds, will our proposal high pressure you? you bet it will. how will the proposal work? the pre

charles payne is here now with making money. charles: breaking news from wall street to washington.eeing a big win on the economy. gdp growth 3%. that helped push the s & p 500 to its biggest gain year to date. the house passing the senate's resolution yesterday, but the 401k limits

we have charles payne in new york and kennedy smith in vero beach, florida. teddy wiseburg, you're an institution there. i remember talking to you back then. you go back in time and people say, well, you know, history doesn't repeat itself. that line that it does rhyme. what is rhyming today? anything out there that worries you? >> everything worries me, neil. if it didn't worry me, i wouldn't be here 50 years later. you always have to have a chair to sit in when the music stops. the markets are never irrational. there's nothing really rationale about markets. markets always tend to overdo it both on the upside and the down side. the reality is in 50 years, there's only been three disastrous time periods. the crash of 87, which was a one-day wonder and 08 and 09. >> neil: that's true. you were talking about right? >> yes. >> no, 1887. >> neil: i'm joking. just joking. it's easy to play monday morning quarterback and say a lot of this was telegraphed in the volatility of the week before, the friday before the first 100-plus point drop in the dow. we split abou

that's it for me, charles payne is now. charles: good evening, i'm charles payne. i'm going to tell you the tech names to buy. we have to begin with president trump addressing several critical issues earlier today at the white house, calling for tax reform, lower drug prices and looking to put an end to obamacare once and for all. >> obamacare is a disaster, the rates have gone up, the premiums have gone up. deductibles have gone through the roof. you look at the deductibles, unless you really have a problem you won't be able to use them. we have been working together long and hard. we hope to have the largest tax cut ever passed in this country. you look at other countries what they have done, and we are competing with other countries. charts * -- charles: sebastian gorka is with us. he's former deputy assistant to president trump. you were at the values voters summit over the weekend. you challenged the audience. you said donate to your super pac, drain the swamp once and for all. do you sense there is a window of opportunity, perhaps a once in a lifetime window

charles payne is here with "making money." charles: good evening, i'm charles payne, you are watching "making money." stocks soaring on the corner of wall and brood. today the main driver is coming on it much washington after the -- after washington passed a budget. but as the gop gears up for a major tax push, comments from president trump to maria bartiromo on a top bracket could sway votes from yea to may. >to nay. do you want to raise taxes on the rich with a fourth bracket? >> i was thinking about it was i want to make sure the middle class gets taken care of. we have a zero break the and people aren't including that. that would make it a fifth bracket. i call it our competition, which is the competition of the past. and we may not have that. but i would rather do that's than have anything to hurt the middle class. charles: w last november. >> literally the democrats have been writing their talking points for months. a fax break for the rich, a tax break for the rich. if you lower the corporate taxes and get rid of the dea

we'll watch that for you, thank you for watching charles payne is here now with making money. >> charlesrles payne. we're following two major stories out of washington. the senate very close to voting on the 2018 budget and that of course paves the way to tax reform. today, also as e-mac mentioned a remarkable day on an anniversary in the stock market but first the most remarkable and moving moment of the entire day. white house chief of staff john kelly gave an emotional lesson on exactly what happens when a member of the armed services is killed in action. kelly talked about when his own son robert was killed in action and what it meant to him to get a call he got from his son's friends. kelly says he didn't want his sons death politicized and

charles payne is here now with making money. take it away. >> i am charles payne.throttle trying to push that gop plan forward on all fronts. more of the president's full-corps press. i'll tell you what you should be watching. first to president trump's tax plan push on twitter. the president adamantly denying reports of tax plants that will affect your 401k plans. he says this has always been a great and popular middle class tax break that works, and it

joining us martha mack and charles payne.s. >> great to be here. stuart: to you first, martha. the president spoke on tax reformulas night. you were on the air i think during the speech. >> we were. stuart: how did it go down? >> at heritage foundation. the president laid out the tax plan as he sees it. he wants to see corporate taxes lowered and put marker on $4,000 number, repatriation and cutting corporate taxes according to their equations will lead back to $4,000 back in american family's pockets. that is is a number people will remember. i think about the fact that president obama said $2300 back in everybody's pocket because of health care which never happened. the president feels strongly. gop across the board need as win. they know that they have a lot of incentive for team play on this project. it looks like, there will always be people, rand pauls of the world, the john mccains of the world who may be outlyers on this but there is a lot of pressure on them to come together. stuart: a full-court press, martha. hold

charles payne is here now with making money. take it away. >> i am charles payne. president trump going full throttle trying to push that gop plan forward on all fronts. more of the president's full-corps press. i'll tell you what you should be watching. first to president trump's tax plan push on twitter. the president adamantly denying reports of tax plants that will affect your 401k plans. he says this has always been a great and popular middle class tax break that works, and it stays. >> i only want to use a bracket if i feel the middle class isn't getting as much as they should. it's about the middle class and it's about jobs. if i feel the middle class is not getting what i want them to get, base want that to be a lot, then i'll do a bracket which will give them one. charles: with tax reform we can make it morning in america again. will the president's widespread efforts to push this over the finish line get it there? political analyst ford o'connell, chairman of the civic forum pack. deneen, let me start with you. what a relief. president trump came out and

charles payne is here now with making money. charles: good evening, i'm charles payne and you are watching "making money." fast-moving developments across the nation. but we start with escalating global tensions. president trump unveiling a sweeping more aggressive policy toward iran saying he will not recertify the agreement made with iran in 2013. >> based on the factual record i am announcing today we'll not make this certification. we'll not continue down a path whose predictable conclusion is more violence, more terror and the very real threat of iran's nuclear breakdown. charles: today's declaration leaves the obama-era deal in a place, but it leaves congress to reimpose sanctions. president rouhani says they will stick with the deal. but it depend on what the united states does. this was well telegraphed. president trump appears to have taken in some of the considerations from some of the folks in his foreign policy team. but making it pretty clear to iran that they are violating the spirit of this deal and he's going to m

charles payne is here now with making money. charles: i'm charles payne. countless questions surrounding the gop tax plan following the feud with bob corker and jeff flake. as far as wall street is concerned, the dow alone shedding over 100 points. what spooked this market to an almost 200-point decline. first we have to get to the main questions surrounding the gop tax plan. critics questioning president trump's attacks on jeff flake and bob corker. though president trump has any doubts about it. >> i don't think they will do that. i know they want tax cuts. they know we need it for the people, we need it for the middle class. we need it for jobs. i don't think they will do that. i know bob corker. i don't know flake that well. i think they file they have to do -- they think they have to do it for the country. charles: house ways and means committee chairman kevin brady contradicting president trump's previous comments earlier this week saying changes to 401ks are still on the table. president trump says no. >> chairman brady said it could be on the table

charles payne is here now with making money. taketh away trails. i am charles payne caterpillar and 3m record highs as president trump pushes his tax reform on capitol hill. we have a lot more on that shortly but first we start with breaking news figures on the senator jeff flake will not seek re-election in 2018. the senator detailing the bombshell from the floor earlier today. spin the principles that underlie our politics the values of our founding are to file to our identity and our survival to allow them to be compromised by the requirements of politics. because politics can make silence when they should speak and silence can equal complicity complicity. i have children and grandchildren to answer to and so mr. presi

charles payne is here now with making money. taketh away trails. charles: good evening i am charles payne caterpillar and 3m record highs as president trump pushes his tax reform on capitol hill. we have a lot more on that shortly but first we start with breaking news figures on the senator jeff flake will not seek re-election in 2018. the senator detailing the bombshell from the floor earlier today. spin the principles that underlie our politics the values of our founding are to file to our identity and our survival to allow them to be compromised by the requirements of politics. because politics can make silence when they should speak and silence can equal complicity complicity. i have children and grandchildren to answer to and so mr. president i will not be complicit or silent. charles: flake who faced a stiff primary challenge was one of the senate's most prominent critics of president trump readers on the emerging as a battleground state in this news expected to row republicans and keep them at 52 seat senate majority at midterm elections and

charles payne is here now with making money. you are watching "making money." fast-moving developments across the nation. but we start with escalating global tensions. president trump unveiling a sweeping more aggressive policy toward iran saying he will not recertify the agreement made with iran in 2013. >> based on the factual record i am announcing today we'll not make this certification. we'll not continue down a path whose predictable conclusion is more violence, more terror and the very real t

charles payne is here with "making money." hing "making money." stocks soaring on the corner of wall and brood. today the main driver is coming on it much washington after the -- after washington passed a budget. but as the gop gears up for a major tax push, comments from president trump to maria bartiromo on a top bracket could sway votes from yea to may. >

we'll watch that for you, thank you for watching charles payne is here now with making money. >> charles: thank you very much and good evening i'm charles payne. we're following two major stories out of washington. the senate very close to voting on the 2018 budget and that of course paves the way to tax reform. today, also as e-mac mentioned a remarkable day on an anniversary in the stock market but first the most remarkable and moving moment of the entire day. white house chief of staff john kelly gave an emotional lesson on exactly what happens when a member of the armed services is killed in action. kelly talked about when his own son robert was killed in action and what it meant to him to get a call he got from his son's friends. kelly says he didn't want his sons death politicized and what stunned and heart broken. we learned a member of congress florida representative fredrico wilson less in in on a phone call president trump made to the widow of the fallen hero, sargent ladavid johnson. here is john kelly in his own words. >> most americans don't know what happens when we lose on

charles payne is here now with making money. charles: i'm charles payne. tax plan following the feud with bob corker and jeff flake. as far as wall street is concerned, the dow alone shedding over 100 points. what spooked this market to an almost 200-point decline. first we have to get to the main questions surrounding the gop tax plan. critics questioning president trump's attacks on jeff flake and bob corker. though president trump has any doubts about it. >> i don't think they will do that. i know they want tax

that's it for me, charles payne is now. charles: good evening, i'm charles payne.ech names to buy. we have to begin with president trump addressing several critical issues earlier today at the white house, calling for tax reform, lower drug prices and looking to put an end to obamacare once and for all. >> obamacare is a disaster, the rates have gone up, the premiums have gone up. deductibles have gone through the roof. you look at the deductibles, unless you really have a problem you won't be able to use them. we have been working together long and har

you can bet charles payne host of "making money" will be watching closely. that's the plan that will detail, charles, the different rates will take hold and the sur tax or, you know, the higher rate, higher bracket for folks like you. what do you think with this drama on the hill and that is scaring people? the markets don't seem to indicate any such thing. what do you think? >> the markets don't indicate that. i think most people believe whether it's bob corker or jeff flake, that they won't go out with any sort of pettiness. more or less say hey, their faction of the republican party is fading. but they'll do the right thing. having said that, a lot of complications with the individual tax rates particularly as the administration holds steadfast at a 20% rate for american corporations. we saw amazing corporate earnings today. every one of those would have been better if our tax rate was 20%. >> neil: the criticism the president was getting from corker and through flake was that he was messing up deals by in the case of what corker was saying, don't even to

let's get to it with my team panel joining me charles payne, we've got deirdre b, what is joe doing here n

charles payne says that's not only the wrong play, it is going to be a very costly one.re with us, kennedy, ben stein, adam had, charlie gaspari no is off this week and we don't know when he will be back. charles what do you think? >> ben: wait a minute we don't know when he's going to be back? neil well i know but i don't want to share with you. you're on a need to know basis,

charles payne is here now with "making money." charles *. >> another day on -- record day on wall street. wildfires raging a across northern california leaving 15 dead and thousands of homes and structures have been destroyed. as "the national anthem" protest left this country divided. the national football league speaking up in order to brit fans back it's saying it may require the players to stand up starting next season. the nfl, the commissioner sending out a lengthy owners saying like many of our fans we should believe everyone should stands for the national anthem. is it too little too later on can they fiction this huge huge issue they created? >> they are trying to turn it our. i think this is more about profits than principle. they are giving owners cover. we'll put out this blanket statement so you can have your players stands for the national anthem. i don't think it was based upon patriotism. 34% of adults said they would continue the nfl less if the protests continue. charles: we did see jerry jones come out with a ful

charles payne is here with "making money." charles: stocks closing lower on reports that corporate taxes actually could be phased in. we have to start with the breaking news out of d.c. charges unveiled against three former aides to donald trump. former trump campaign chairman and his associate brad gates charged with conspiracy against the united states, conspiracy to land per money and acting as an unregistered agent of a foreign principal. and aide george papadopoulos pled guilty to lying to the fbi. randy zellen, ford o'connell, political can list and caylee mac. there are a lot of ways we can go with this. but the headlines should be no collusion. you have got someone charged with settle up phoney accounts, not a single mention of president trump over the presidential campaign. >> i think there are two things that stood out to me about it. one is there was not any allegation of collusion in the indictment. but the second thing that stood out is paul manafort is in a lot of trouble. that means robert mueller has a lot of le

charles payne is next with "making money." charles: the stock market is at an all-time high. with congress unable to legislate president trump takes executive action on healthcare. trump calling for a plan that would allow employers to band together and create coverage across state lines. >> it's transformative in so many ways, change aimed at creating more and lower prices for millions of americans. but the competition will be staggering. insurance companies will be fighting to get every single person signed up and you will be hopefully negotiating, negotiating, and you will get such low prices for such great care. charles: critics say the new healthcare plan will destabilize the current obamacare markets. nancy pelosi says trump is and stawing healthcare. shelby holliday, and elizabeth harrington. elizabeth, there is always the sort of boiler threat criticism from the left, particularly nancy pelosi when these things happen. but the overarching theme is president obama had to step up to the plate because congress cannot get their act together. >> right. this is something he

charles payne is here with "making money." charles: the house narrowly approving a senate version of the budget. it will allow them to pass a massive set of tax cuts later this year. a number of republicans opposing the budget bill in the hopes of protecting some of the deductions. there are a number of things that are near and dear from your heart. being from new york, how much is the potential elimination of state and local deductions play a role in your no vote? >> that's the entire reason. i voted for the budget when it passed the house. the senate sent it back to us and it specifically targeted the state and local tax deduction. we need more economic growth, lower the taxes for middle class families and help small businesses and businesses in our countries create jobs in the united states. that's what i'm for and that's what i'm hoping we can do. we want to shape this so it doesn't penalize taxpayers in states like mine. charles: the counter argument is these folks are enjoying a subsidy and benefit other people in get. th

charles payne is here now with "making money." for president trump to participate in a briefing with senior military leaders. in las vegas police still searching for a motive as they say the gunman stephen paddock planned to survivor and escape. he booked a hotel room in chicago overlooking 9 music festival in chicago this summer. the las vegas shooting placing attention on the b

charles payne is here now with making money. charles: breaking news from wall street to washington. president trump seeing a big win on the economy. gdp growth 3%. that helped push the s & p 500 to its biggest gain year to date. the house passing the senate's resolution yesterday, but the 401k limits posing a dilemma. 20 republicans voted against the budget yesterday. one of those no votes is with me now. congress woman tiny, it's always -- tinney, it's great to speak to you. your no vote is centered around tax deductions? >> we can't have it on the back of new yorkers who have been held merciless and had no power against albany's tax and spend agenda. that's what causes the state and local tax deduction to creep into the middle income taxpayer it's usually reserved for high taxpayers and high itemizers. charles: social media spoke loud and clear. that you are getting subjects dietds by the rest of the united states. and why should someone in another state subsidize people in new york because we have new york running taxpayers into the ground. >> new york taxpayers pay more revenue

charles payne going to stay here. here he is.en such an industrial company go up so quickly, now be called a technology company. >> almost all these car companies are technology companies. you know what? i have seen this coming over a year. they have been taking market share away primarily from ford. stuart: really? >> why did ford fire their ceo? why did leave? they were losing market share. they got static. general motors. backs were against the wall. american public rejected them for taking bailout. they have improved hard to improve product. last month sales were up 12%. the street was looking 8%. chevy sales are through the roof. truck sales are through the roof. they're doing very well. stuart: you say they're improving market share. not anything to do with electric cars? >> electric cars will shake out. we don't know who ultimately will be winner there. we know they have the win in their sales. wall street likes to reward that companies that take market share and have pricing power. netflix at new high, raised a buck. peop

charles payne is here now with "making money." charles: we are awaiting for president trump to participate in a briefing with senior military leaders. in las vegas police still searching for a motive as they say the gunman stephen paddock planned to survivor and escape. he booked a hotel room in chicago overlooking 9 music festival in chicago this summer. the las vegas shooting placing attention on the bump stop. some top congressional republicans are considering legislation to ban the bump stop device. speaker ryan focusing on that action. >> automatic weapons have been illegal for many many years. this seems to be a way to go around that. we need to tighten up compliance with that law. charles: joining me to discuss, rich lowry and steven loomis. yesterday it started making the rounds that several republicans are considering this. what are your thoughts on removing this. a lot of folks are saying if while it sounds like it might be reasonable. many are afraid it opens the door to a slippery slope. sure it will be opening the door

let's go to scott martin, katherine rooney and fbn's charles payne. what do you think, charles? >> i'm not so hung up on the idea that we must have tax cuts to keep this going. the wheels of commerce have already begun to turn. we had a report from the new york fed at a three-year high. it do have tails everything i'm looking at. the night that president trump was elected, american businesses came out of their foxholes and went back to what they normally do. attempt to grow market share with a better mousetrap and aggressive actions. we're seeing it play out, a tax could would be wonderful, it would help but i'm not so sure it's a deal breaker. >> neil: scott what do you think? >> i'm in the tax cut camp. the market got boosted with hopes of a cut. steve mnuchin told you we would have this done by august. here we are talking about maybe christmas. so listen, i think the market has found some sea legs since then. earnings have been awesome. we're entering another earnings season which will be banging from numbers blowing away expectations. tech companies will carry the water. goi

charles: good evening, i'm charles payne. president trump in las vegas today visiting shooting victims, first responders and medical professionals. newly released body cam video shows what the police were dealing with on that fateful night. [sirens and gunfire] >> i was a fan before this, you know that. everyone in this room knows that. a big fan before this. you can be more a fan -- i guess i'm even more after fan now. you showed the world, and the world is watching and you showed what professionalism is all about. charles: here is bob massi and resident of las vegas. the world was watching and not only prayers and outpouring from everywhere, but the way las vegas handled itself against this unbelievable massacre is remarkable. i know it hit you hard emotionally. where you are and where the city is. >> the city is obviously still mourning, but they are very strong and have much coming together. they are helping everybody every day. what the world has learned, and you know this because you visited our city. we are a community

charles payne on that and fox business network. we don't know the rate of which it would be.hat the seven rates that the white house collapsed to three might now be a fourth that would ensnare guys like you. how you feel about that? >> i feel awful about it. i feel awful because the republican party -- i don't know if they're negotiating against themselves, if they put out overtures to chuck and nancy. but this is not typical republican orthodoxsy. they're saying we're going to raise a lot of money. the more money and businesses make and they keep, the more they'll put back in the economy and that he generate more success. but apparently they don't believe in that anymore. one thing they're not talking about with this whole idea of making this new tax plan revenue neutral is not cutting on spending. let's cut spending, generate more economic activity in the economy and let's not punish the rich. the last eight years, neil, the tax policy was about punitive measures. it wasn't about economics. the way to punish those that were successful and backfired on those that weren't suc

charles payne is here with "making money." stocks closing lower on reports that corporate taxes actually could be phased in. we have to start with the breaking news out of d.c. charges unveiled against three former aides to donald trump. former trump campaign chairman and his associate brad gates charged with conspiracy against the united

charles payne is here now with "making money." on -- record day on wall street. wildfires raging a across northern california leaving 15 dead and thousands of homes and structures have been destroyed. as "the national anthem" protest left this country divided. the national football league speaking up in order to brit fans back it's saying it may require the players to stand up starting next season. the nfl, the

charles payne is here with "making money." version of the budget. it will allow them to pass a massive set of tax cuts later this year. a number of republicans opposing the budget bill in the hopes of protecting some of the deductions. there are a number of things that are near and dea

charles: good evening, i'm charles payne.vegas today visiting shooting victims, first responders and medical professionals. newly released body cam video shows what the police were dealing with on that fateful night. [sirens and gunfire] >> i was a fan before this, you know that.

charles payne is next with "making money." charles: the stock market is at an all-time high.to legislate president trump takes executive action on healthcare. trump calling for a plan that would allow employers to band together and create coverage across state lines. >> it's transformative in so many ways, change aimed at creating more and lower prices for millions of americans. but the competition will be staggering. insurance companies will be fighting to get every single person signed up and you will be

much for having us in your homes, really appreciate it thanks for watching look whose up next, charles payne, he is here now with making money. take it away. >> charles: thank you very much e-mac. fast moving developments tonight from the nfl to north korea but first, we start with washington d.c. president trump's feud with senator bob corker now spiraling out of control trump of course firing of a storm accusing cork er of lacking the guts to run for re-election he says he expects them to stand in the way of the great agenda. corker responded with a jab of his own tweeting "it's a shame the white house has become an adult care center someone obviously missed their shift this morning" and moments ago vice president pence chiming in president trump's achievements on the international stage stating that no amount of criticism at home can diminish those results joining me to discuss former senior advisor to senator bob corker former senior advisor to the senate foreign relations committee and current director of the national security institute, george mason , ford o connell the civic chairman

much for having us in your homes, really appreciate it thanks for watching look whose up next, charles payneng money. take it away. >> charles: thank you very much e-mac. fast moving developments tonight from the nfl to north korea but first, we start with washington d.c. president trump's feud with senator bob corker now spiraling out of control trump of course firing of a storm accusing cork er of lacking the guts to run for re-election he says he expects them to stand in the way of the great agenda. corker responded with a jab of his own tweeting "it's a shame the white house has become an adult care center someone obviously missed their shift this morning" and moments ago vice president pence chiming in president trump's achievements on the international stage stating that no amount of criticism at home can diminish those results joining me to discuss former senior advisor to senator bob corker former senior advisor to the senate foreign