once against for the liz and charlie gasparino taste test. here we go.back the straw or he would jump in. it is green. lovely, then top, marco, why you are backing away. pink for amazo zombie brain, thn bloody red. >> brains? liz: wide shot. >> i had a clean lunch, now you are poisoning my body. liz: are you ready. >> with my glasses on, i can see radioactive mist. liz: then the brain. >> all right. liz: ready. >> sorry. >> i like there. >> there is nasty. liz: -- what are you talking about? >> nasty, this is so bad for you. liz: 5 grams of fat not that bad. >> a lot of sugar. liz: what you said about the last unicorn. >> i said it was like donald trump's skin with varicose veins, man. liz: i can't. all right. yeah. okay. >> you are making me. liz: all right what do have you. >> i want everyone to know i survived that tra traumatic experience. state and local taxes a big topic with republican conference, unclear what is going to happen with this. but it looks like full deductibility is out. what are the alternatives? we have one plan, that you get full d

charlie gasparino has been saying that it would not be gary cohn. charlie, what are you hearing now? >> well, this is interesting, because i've been saying for months now, following the charlotte -- remember gary cohn famously came out and backhandedly criticized the president over remarks during the charlottesville neo-nazi rally. he came out and said stuff that the president was seething about, that seemed to suggest that president trump didn't strongly protest that rally enough. and since then, essentially out of running. it's semi official. what's interesting here is this, liz, is that we've been reporting also that kevin warsh, in my view, was a very likely choice, for a lot of reasons, including the fact that he's been around government for a long time. been a loyal republican. some economic policy, not in the congress but economic policy experience with the bush administration. he is the son-in-law of one of donald trump's best friends. longtime new york republican activist, i guess you could say, and billionaire, like trump himself. journal

charlie gasparino has been out in front of this story. inside details on pelts' plan for the future and his funds that apparently investors do not like. charlie's coming down right now. you've got to stay here whether it's connecting one of the world's most innovative campuses. or bringing wifi to 65,000 fans. businesses count on communication, and communication counts on centurylink. retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. liz: breaking news. we now need to go back to anaheim. anaheim hills, specifically in california. look on your screen right now. we see multiple homes on fire. this morning, a wildfire tripped off and as authorities and firefighters

it was not a surprise to our charlie gasparino who had heard all kinds of rumors from his sources that this would happen. charlie joins us along with former north dakota senator byron dorgan. to you, charlie, really quickly, this seems like it could be an easy thing for her to handle because she will come out swinging as she was expected to about senator bob corker, the republican from tennessee? >> she's very good at this job and good in an understated way. what she won't get into and the real question is the republican party. you ever hear the saying, if you break it, you own it? well, he's breaking it, and will he own it? now will kelli ward be able to win in arizona? i'm not quite sure what type of general election candidate she is. will judge roy moore be able to win in alabama? not sure what general election candidate he is. these are the two nationalists that have been backed by the trump, even trump went for strange in alabama. moore is more aligned with the trumpian nationalist policies. if that's where you move the republican party, are you going to win, and if not going to w

charlie gasparino has a report that investors are awaiting the comments. even if there is a bailout from the bondholders can expect to receive pennies on the dollar because of puerto rico many dollars. here is what he said to geraldo rivera to start a huge debate. >> we are going to work something out. we have to look at their whole data structure. they owe a lot of money to friends on wall street. you can say goodbye to that. i don't know if it's goldman sachs, but whoever it is you can wave goodbye to die. lauren: mick mulvaney, the office of management and budget document the comment saying that washington will not bail out puerto rico and he added that officials will have to find a way to restructure basically 74, $75 billion in debt. trade commission that there is no legal precedent for the president himself for the white house to wipe out the dead. that's actually impossible. the white house walking back on this statement. investors are watching facebook. they are turning to newspaper ads to get back in the nations could grace is. lauren: at tracee c

up next, charlie gasparino on his ear on the ground on day one. he has them on the first changes investors can expect to see beyond the grounding of expensive jets, private jets as ge opens the door on the peltz era, charlie breaks that next on "countdown." so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. . liz: listen up, this involves one of the most widely held stocks of all time, general electric. we new jeff immelt announced he would retire at the end of the thissier. why did the ge say that's it, i'm out now? gone. charlie? >> we can only guess, we know that nelson peltz wants a seat on the board. jeff immelt wanted to stay to the end of the year, he didn't obv

liz: let's bring in fox business senior correspondent, charlie gasparino. a horrific attack happening in lower manhattan. charlie. >> i covered 9/11 back in the day. it is all too, still pretty fresh in my mind. i remember the evacuation of lower manhattan after the twin towers were struck. while this isn't exactly that type of attack it is tragic but not in the scale, there is a massive evacuation going on in downtown manhattan right now from the businesses down there. the wall street firms and other businesses. what, i am talking to people on the ground who said downtown manhattan right now is in 9/11 mode. there is cops all over the place. there is s.w.a.t. teams all over the place. they are guarding the subways, the, they're on the roads. it is massive traffic and bedlam. it really is in crisis mode down there. and i'll tell you, what is scary about this, is, you know, the impact on a human toll is obvious. but there is a psychological toll that terrorists try to impose. you're seeing it right now, where downtown manhattan is not a place you want to be r

charlie gasparino on top of both after this. and i looked for bo. stop short.on't see it, he feels it. you are my hammer out there. don't let these young guys see you fold. ♪ i'm only human, i make mistakes ♪ ♪ i'm only human, that's all it takes ♪ ♪ to put the blame on me i'm alive because of you. i'm not a hero. we're brothers, we look after each other. thank you for your service. rated r. >> neil: this has to be one of the longest corporate merger teases. for the better part of the year, cbs and aetna and one other player will be looking at hooking up. "wall street journal" reporting those entities are considering just that. charlie gasparino on where this could be going. >> it could be signaling one of the biggest deals of the year. more than that, we should point out if you combine these companies, you are creating a health care company on par with apple in terms of revenue and what it does and how much money it generates. will be a huge deal. step back a little bit more. you walk into cvs. they have clinics. you get your prescriptions filled. you get your

charlie gasparino, we're seven minutes away from the closing bell.ion highs. up 148 points. so if this horrific situation doesn't hurt the markets, what will? we'll be right back with david joy and more. mike and i are both veterans, both served in the navy. i do outrank my husband, not just being in the military, but at home. she thinks she's the boss. she only had me by one grade. we bought our first home together in 2010. his family had used another insurance product but i was like well i've had usaa for a while, why don't we call and check the rates? it was an instant savings and i should've changed a long time ago. there's no point in looking elsewhere really. we're the tenneys and we're usaa members for life. usaa. get your insurance quote today. ♪ can i kick it? ♪ yes you can ♪ can i kick it? ♪ yes you can ♪ can i kick it? ♪ yes you can ♪ well i'm gone is everything ok?adt, i could hear crackling in the walls, and my mind went totally blank. all i remember saying was, "my boyfriend's beating me" and she took it from there. when a fire is going

let's go to charlie gasparino. we have emily here with us from the washington examiner and shelby holiday from the "wall street journal". shelby, where is this going? does it change the math? looking on watt street today, it seems that those that invest are confident tax cuts are coming. >> right. that is the immediate question. i've been streaking to strategists that are familiar with senator flake and senator corker's thinking. they say they're on their way out and they don't want to leave without a clear conscious. they want to say their peace and speak out against the principles that they don't agree with in current political climate. they won't let their own personal feuds stand in the way of the american people. they will vote for tax return if they think it's the best thing nor the people of america and their states. they're not known as people that would put their own personal issues above that. however, there's another bigger question of what does this mean for the gop? these two senators speaking out put

charlie gasparino has the inside details what was said behind closed doors and how worried taxpayers to california should be? charlie, as always, breaks it down next on "countdown." what powers the digital world. communication. that's why a cutting edge university counts on centurylink to keep their global campus connected. and why a pro football team chose us to deliver fiber-enabled broadband to more than 65,000 fans. and why a leading car brand counts on us to keep their dealer network streamlined and nimble. businesses count on communication, and communication counts on centurylink. or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. . ashley: the republican party is in the midst of a battle royale. we are told, over the

charlie gasparino, what do you think has been going on there?is case for tax reform. the senators are sitting there nodding their heads trying not to get in an argument with him. they say, listen, think there's a good chance this is going to happen. i'll tell you why. i think politically mitch mcconnell knows if he doesn't get this done, he's going to be in worse shape than the president. the president might be an ultimately were shaved because the democrats will start impeachment hearings. but you know, there's going to be a change in leadership if they don't get taxes done this year. this is make or break time. both sides know it. it's a good chance that they are going to push this. obviously the arguments with corcoran mccain does not tell because it's a slow majority republicans have in the senate. you need almost every republican vote. that's not a good thing the president did there. also you this. the markets are boring. listen, here's the thing i will tell you. i think we need tax reform to keep the rally going. here's the markets are say

i'm back with charlie gasparino. also forbes publisher, rich karlgaard. charlie, one of the things he seems to indicate this is very big, reality, for all of you in the room national association of manufacturers, small business, chamber of commerce. >> individuals. neil: individuals this is there for you, ready to go. what do you think? >> markets didn't really change much. i will say this, he has a tall order to live up to. i hope he's right. i hope it is what he says it is, the biggest ever. remember he is saying this essentially bigger than ronald reagan's tax cuts on the individual. i'm just saying that is what he is saying. we will hole his feet to the fire. he is president of the united states. neil: we should be clear, what is he saying the biggest? >> not saying. neil: not taking rate from a to b, or even aggregate size of it, but certainly biggest in a generation. >> he is saying this is the biggest ever. neil: yeah. >> if you listen to the noise coming out of washington, the trial balloons, why you have to see what they ultimately settle on, it w

joining us charlie gasparino. charlie, is this a little bit of an ego play here?tar says hey, i can do that because the other guy was reality star? what is motivating mark cuban? >> they're rivals and frenemies. donald trump and mark cuban known each other a long time. sometimes friends, sometimes not friends. i think frenemies is the best way to put it. i will say this, donald trump was never the nationalist conservative he is today. he was brought that theory to be that way, but brought that political persuasion by combination of sam nunberg, a political consultant, roger stone, another political consultant and steve bannon who runs "breitbart." here is part of the republican coalition that the establishment isn't really playing to. it is up for grabs if you want to go there. that's what he did. trish: and i amazing playbook. >> and it worked. >> nobody thought it would work. >> right. trish: a lot of people thought if you go up against the establishment, forget it, game over. showed them. >> right -- trish: but my question what is the playbook? >> that is what

but charlie gasparino, that screamed to me, if there is any sort of fine-tuning it will come on side what do you think? >> i think so. he is absolutely, gary cohn is absolutely the worst spokesperson for getting through pro-growth oriented tax cuts. he doesn't believe it. you can tell in his body language. doesn't speak forcefully bit. he is almost incoherent about it all over the place. be clear, middle class people don't pay most of the taxes. any way, state, local, federal level. you want economy growing with a tax cut, you have to cut taxes for rich. take that off the table. whatever they compromise here, won't be, if you listen to him, won't be supply side growth oriented tax cuts. neil: which he has never been a fan? >> he a liberal. he is a obama supporter. neil: you -- >> i don't think he is supply-sider by any stretch of the imagination. be clear. he is calling for a corporate tax rate which is big. this is getting murky, i can tell you we've been doing a lot of reporting, brian schwartz and myself. neil: you and brian have been great. >> state and local tax deduction. there

technology on a tear, and jeff bezos just surpassed charlie gasparino as the world's richest guy.ew that phones would start doing everything? entertaining us, getting us back on track, and finding us dates. phones really have changed. so why hasn't the way we pay for them? introducing xfinity mobile. you only pay for data and can easily switch between pay per gig and unlimited. no one else lets you do that. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit or go to xfinitymobile.com. . neil: all right, up 20.5 points right now. the irs says better late than never? formally apologizing, the tea party group era targeting, the group says was going on, to chief council of the american center for law and justice and a member of donald trump's legal team, jay sekulow. jay, i know better late than never, they are acknowledging pretty much the obvious elephant in the room, that tea party groups were, in fact, targeted for their tax-exempt status. now what? >> well, number one, i think this is what's sig

charlie gasparino and harlan hill. what do you think of that?at senator bob corker has done here beyond compare. comparing the white house to a dare care center is not productive. he invited this controversy. its because bob corker was going to lose his election. the republican party that he's part of has changed. winners don't drop out. that's -- >> neil: whether he dropped out because he's a winner or not, isn't the president punching down? >> it's something he has to work with. >> neil: good luck with that, right? >> neil let's clarify here. harlan bastardized the facts of the last couple days. >> oh, my gosh. >> who tweeted first? it was the president -- >> bob corker took this to another level. >> don't give him a pass. >> think about how stupid you're sounding. >> neil: hey, hey. >> come on. the guy is -- >> what did he do? >> he's a sitting senator. he wakes up one morning. and the president of the united states says oh, this guy begged me for an endorsement, called me up. i said no. so he's not running, which is probably false. >> all th

charlie gasparino is here with us and madison with "the new york times." that scared a lot of folks and fueled the argument that it's not smooth sailing and broad agreement on this subject. of course, we learned in the reagan years that a lot of tax cuts were phased in but by a lot bigger and more convincing margins. it's early. things could change on wednesday. what would the fallout be if we phased these in? they're not immediate. >> there will be people that are not happy to see these being phased in the that were to happen. that is not definite. the talks will continue and i know the president is very set on having a 20% rate off the bat, this is something that is important, something that will benefit the american people. will certainly benefit businesses across this country. >> what do you think, charlie? they're running out of options as far as getting democratic support, especially in light of the other theater here. they have to rally republicans and there's a lot of republicans worried about deficits and paying for things. what do you think? >> b

charlie gasparino. for a quick peek at corner of wall and broad we're up 97 points. that because of tax cuts, that same old drill you here, but more than not, better than expect earnings, it is steady drum beat by all the developments that is helping a lot. to trish now. trish: yes, neil, it helps. we're looking new records almost every day. breaking we're waiting on the president. president trump will deliver the remarks from the white house declaring a public health emergency to address the opioid crisis sweeping our nation. all of this as we said as markets move higher, after the house passes 2018 budget framework for tax reform, we're up 100 points. i'm trish regan, welcome, everyone to "the intelligence report." two major obama-era scandals breaking at that. justice department lifting a gag order on a former fbi informant who could deliver new damaging information on the russian uranium deal.

charlie gasparino working the phones, he's in the newsroom, he's going to get in the newsroom chair,at. deeper shade of red for stocks caught in a downtrend, the tornado leaving the green arrows over the rainbow, far off in the distance. turbulence at boeing's third quarter report weighing down the dow jones industrials, lower by

charlie gasparino, we were just talking about taxes and what deductions are going to go and be left byone, state and local tax deduction, it's a big battle. exclusive details he is hearing about why house chairman kevin brady could be about to make congressman peter king his constituents' worst with nightmare. "countdown" is coming right back. whoooo. i enjoy the fresher things in life. fresh towels. fresh soaps. and of course, tripadvisor's freshest, lowest... ...prices. so if you're anything like me... ...you'll want to check tripadvisor. we now instantly compare prices... ...from over 200 booking sites... ...to find you the lowest price... ...on the hotel you want. go on, try something fresh. tripadvisor. the latest reviews. the lowest prices. ♪ ♪ liz: gary cohn and steven mnuchin holding a late night phone conference, that would be a conference call, with new york house -- [laughter] >> thanks for clarifying that. liz: -- to give them an opportunity to voice their concerns about possibly losing their coveted state and local tax deduction. so far doesn't seem their voices have been

let me be like charlie gasparino. hey, it might not happen, but it could happen.g very closely right now. we're at 22,984. getting it done in the third quarter. the industrial supplier getting a boost from hurricane harvey and irma. it has extended 24-hour service during the emergencies resulting in revenue and daily cost fail figure. the leader on the s&p 500 today gaining 12% right now above the 200 mark. up next, nfl players and the owners huddling together at this moment about what to do regarding the anthem un controversy. will the owners who want to protect their businesses protect the bottom line? or will they stand by what some of them already supported, and that was linking arms with some of the players earlier this season. connell mcshane is in midtown where it's all going down. countdown will be there in just a minute for you. by listening to an thiaudiobook on audible.ame and this guy is just trying to get through the day. keeping it together. losing it. upgrade your commute. ride with audible. . liz: attention parents of millennials. we have good news

here with his take, fox business senior correspondent, charlie gasparino. charlie. >> i'm solving the puerto rican debt crisis? trish: i'm giving amin 1/2. >> thank you. trish: president on one hand, these banks, goldman sachs and company, they are not going to get paid. >> screw the bondholders. trish: right. so that is basically what he said, which by the way, a little strange because the president doesn't actually control the debt situation in puerto rico. >> he does have some say, i will explain that in a minute of the listen it, was a basically a dumb statement, i'll tell you why. you, puerto rico has to return at some point to the cap capital markets. you don't return to the capital markets, people lend you money, by the way they're doing you a favor much of the time, by telling them you will default on your debt, or they will charge astronomical interest rates to lend you that money. so what he said was pretty, pretty rash. like i said, not helpful. trish: inflammatory. markets by the way, we saw that debt respond pretty much immediately, made people

we're told by our own charlie gasparino, that he is told by a sources it is insane down here.re are precautionary ways of dealing with situations that are unresolved of evacuating buildings and so forth but you don't want to cause panic, particularly when there are millions of people still working downtown. who decides what to do with regard to evacuations? is that a police decision, mayoral decision, fbi, who? >> it is really the mayor's office. he will consult with the police commissioner and of course the fbi. they need to do that because in my business is a saying, assumption is the mother of foul-ups. we can't assume that he is by himself. we saw in the bombings back 20 years ago. the bomber would place a bomb, detonate it, and wait for the police, and detonate another one. they are concerned about somebody else, a confederate, or a quick copycat will try to do the same thing. they're doing the right thing. david: is evacuation of all these buildings necessary? >> i'm not there. i'm not there on the site. i don't, i would say off the top of my head i don't understand why

i want to go to charlie gasparino. there was an exodus from wall street. can you hear me? >> yeah. my sources on wall street that are being evacuated the minute this happened. i'm going to give you some verbate from a source of mine. it's really bad down here, this is not 9/11. but this is what this person said. it's 9/11-style down here. cops are all over the place. a heavy police presence. the entire place is being evacuated like 9/11. that's the response i'm getting from people on the ground. she called it bedlam. tons of traffic. ambulances, sirens, choppers. what happened was, when this first happened -- let me tell you someone that covered 9/11. it's fresh in people's mind and the evacuate started almost immediately came out when there was a possible terrorist attack. >> shepard: thank you. i didn't mean to dumb on you. we're waiting for new york city police department presser on this. what we can tell you right now, six known deaths, nine injured in what appears, and i a stress appears to be a tear rest incident. the driver involved that jumped the bike path screaming allah

joining us now, charlie gasparino. are we on our way? >> i would say those are the public signs.enes that that are very interesting. ashley: always. >> we do hear it's getting some momentum in the house. and with senate. you know, they're all working -- ashley: isn't the senate version so different from the house? >> they have basic things they agree on. let me just go through some of these headlines because they're getting some traction on twitter. congressional sources say the tax cut plan outlined by the president largely could be, you know, the blueprint could be through the house and the senate if this thing keeps going, if the momentum keeps building, the consensus remains the same among republicans could be basically put before the president by the end of the year. they believe based on what they're hearing. barring a major change -- here's one thing that's going to be interesting, the tate and local tax deduction will likely remain in the final bill. remember, trump talked about getting rid of s.a.l.t., state and local tax -- ashley: sarah huckabee sanders said we're not

steve: fox business correspondent charlie gasparino is out in l.a. having fun.ter than the nfl. >> yeah. i think the nfl, these players are playing with fire with this thing, purely from a business standpoint. look at it this way. you have a product. the product comes out maybe every sunday. on that sunday, guess what you do to people that want to buy the product? well you piss them off. that is exactly what they're doing. look at demographics, football watcher, makes less than $100,000 a year. skews male. heavily, white, lower middle class white guy who skews serving in the military. the guys presenting that product to the person, who you want to watch the show so they can buy all the crap thaw sell, shirts, advertising. brian: beer. >> guess what? you get them mad. you annoy them. this was harvard, mba case study, they do this at harvard mba, do case studies, students how do we make this situation a better business situation? this would be so easy to figure out. stand for the anthem. do not disrespect it. and you know, take your protest somewhere else, but jus

charlie gasparino, wonders whatever justification he has going after corker, he is losing someone potential yes vote on tax reform. what do you have, charlie. >> who are republicans going to vote no. mccain is probably one. rand paul is probably another. susan collins, probably another, right? guess what? donald trump just added corker to the list. so he has four republicans likely, why he is golfing with lindsey graham making sure not number five. neil: number five. >> this is pretty interesting. here's the thing. this investment show. neil: what do you make of that golfing? >> just to stop him, he is counting votes in the senate. he knows it is probably not going to happen if he loses one more. neil: lindsey graham is entree to get to mccain, to get some others, right? >> right. neil: more than just winning his vote. >> lindsey graham voted to repeal obamacare, mccain didn't. they operate on different places. neil: i'm sorry to keep jumping up on you, if you ad call on tax thing how is it looking? >> how many democrats will they need to get those? are those democrats really out there? i t

what does my friend charlie gasparino think of that? what do you think of that? >> i know mark pretty well, enough to cover him for many years. neil: you called the president donald. >> i knew him covered him for many years when he was just a new york billionaire and friendly with both of them. what is interesting -- neil: mark still likes you. the president hates you. >> i don't know. have you ask cuban whether he likes me? here's the thing, donald trump never had a real formed political view. he kind of stepped into this sort of nationalist thing. i think it was presented as a way to win. i don't know if donald trump really believes a lot of this stuff. cuban, on the other hand, always been a liberal as far as what i am concerned. neil: voted for hill. campaigned for hillary. >> i've been in private campaign meetings with him, various conference, salt conference, put on by scaramucci, we've been in the room where we debated things like social issue, immigration, always pretty much to left of center. i find it interesting that he is now talking about running as

who gets the 25% rate, 35% rate, what if there is extra bracket that ensnares folks like our charlie gasparino, joins us and goldman sachs best-selling author peter concern mean and trump advisory board member nan hayworth. nan, we start with you. at least on november 1st we'll get broad parameters, what level rates kick in, who will get kicked in the you know what, in other words then the real fireworks start, right? >> absolutely. they do need to show they are moving on this. there is psychological component on this that is very significant. that is what is moving markets right now, as you know, neil. they will have to come out very, very strongly in favor of what benefits the middle class. 401(k)s are one of factors that definitely does benefit the middle class, that is something they can do, put away for the 401(k)s. neil: thinking being that, if you loosen the tax deductibility, they won't be putting money into 401(k)s? some argued in that industry they still will. >> look, we want to be able, we want to be incentivized to save for the future. 401(k)s are one of those cherished constructs

we have foxbusiness network's charlie gasparino, market watcher jared leavy.the role he has to play, the alleged role in the constitution, counselor, consoler in chief, how is he doing? >> he was certainly roasted over the weekend. the san juan mayor, we understand what she was saying, didn't go over well in the white house, she has been living in a shelter, her own home was flooded out. you can disagree with her but you don't resort to personal name-calling, that was the issue with what has been going on. how is he doing now? now, it is extraordinary, the first lady, he is trying to say we are here to help. i am here to help, here to listen and i don't think it is good for the white house to backfill their potholes the blue over with prior missteps, just move it forward and don't talk about how great are we doing. neil: a lot of the problem is you end a punching down, going to the san juan mayor, she was never a fan of the president anyway, then this happened, you can argue to you are blue in the face that we have seen what happened, provide a great deal of m

we have charlie gasparino here on how the president is doing on both those counts.this case. >> appropriate remarks. well delivered. you know, two different tragic situations, obviously. you know, it's kind of interesting. last guest you were talking about why the markets become, you know, they brush these things off. tragically. you have to delineate between terrorist attacks that have real impact on the economy. like, 9/11 had a direct impact to the economy. the markets were shut down. businesses, stocks didn't trade for, like, what? a week on the new york stock exchange and, in particular, i think other exchanges had an impact as well. this, they brush it off. this is a horrible, tragic. but that's how the markets ar a. neil: would it have been different if it was isis inspired? would it change a little bit? >> i don't think so. i think it has to have an economic impact because -- neil: sadly, we're used to it. >> terrorism is so commonplace, you know, the markets sniff out the exact impact of it. now, the puerto rico thing is interesting because the president ha

charlie gasparino, surprise follow-up to that.ico tanking in open market. >> down on a cents on the dollar, we report on your show -- 50 cents,down to 30 cents. there is 40 different issues. neil: not just one thing. >> the main issue general-obligation bond which they just issued in 2014. so he is essentially screwing bond hold that's came now in 2014. neil: can he do that? can the president, he can put moral persuasion but -- >> he actually can. look at the, first off, puerto rico is not a state. you know, it is a tourer to. it will need federal assistance and federal guidance whatever bailout comes from the financial situation, minus, don't even put in the hurricane relief stuff. so federal government, as it did with new york back in the 70s, had some role. to gerald ford, new york asked him for a bailout? ford actually did bailout new york. there was a whole bunch of federal assistance. neil: big mac bonds. all that. >> the state did the big mac bonds to help provide new york. neil: all this time i thought they paid them back

charlie gasparino was the first to report it and now looking more likely.>> should point out that puerto rico was in dire financial straits long before this. this has been a slow burn. i remember when i was at brand x business network across the river, what is the place? neil: cnbc! >> yeah, in 2006, reporting how puerto rico was budget was a mess and could be an issue, it was a slow burn, and fast-forward, four years ago and other place is nearly bankrupt and the bonds are trading at pennies on the dollar. this is like an added wish that, on top of that you have storm damage. here's what we have, bond holders are going to take it on the chin here. there's about $70 billion of bonds, three or four different classes, everywhere from go's at the top of the spectrum to all the other stuff it's like word soup, it's crazy names. neil: are they all buffeted by the same selling pressure. >> the geodes are the top of the french aim, they're trading at 38 cents on the dollar, not 100 cents on the dollar. 38 cents. the betting is if they pay off, if there's any money

to fox business' charlie gasparino and americans for tax reform's grover norquist. grover, is this thing in trouble? >> no. this is exactly what you should expect. everybody who wanted something extra in the tax bill for themselves and didn't get it is going to throw a minor his city fit. -- hissy fit. the earlier part that you make, you know, delaying the phase-in, that would be a disaster both politically and economically. we delayed the reagan tax cuts phase-in from '81 to '82 to '83, and the recovery started in january of '83 which was almost a year after the '82 election where the republicans got hammered because you didn't have growth. neil: right. >> so you want the election after the rates come down which means you want the rates to come down before, way before the november 2018 election. a delay is foolish. i don't think they'll do it. they're old enough to have lived through the reagan tax cuts where a delay costs republicans house and senate seats. so it -- i don't think that'll happen. but, look, lots of trade associations are going to complain that they

charlie gasparino that investors are weighing the comments.e is what the president, by the way, said in the interview to geraldo rivera. >> we will work something out. they owe a lot of money to your friends on wall street and we will have to wipe that out and that's going to have to be, you can say good-bye to that. i don't know if it's goldman sachs, whatever it is, you can wave good-bye. cheryl: mick mulvaney, he walked back the president's comments. >> it doesn't mean that the federal government is going to be bailing out puerto rico's long-term situation, bailing out the bond holders, what you saw there the president focusing on the reality that in order to sort of get a long-term fiscal operation back in order, puerto rico will have to find a way to restructure debt which happens through process already, happening before the storm and happening after the storm. cheryl: we should remind you that puerto rico has more than $70 billion in debt. well, all five living former presidents will gather at texas a & m university. the concert schedul

our own charlie gasparino is reporting that peter king, republican new york, represents a part of longwhipping up republican votes against the budget because of the tax deduction. liz: he is. stuart: on state and local taxes which may go away. if it went away, it would really hurt republicans who represent high-taxed states. those constituents will be absolutely clobbered by that change. that is what peter king is doing at this moment. nonetheless, we are, 218, we're 26 votes away from saying yes to the budget. we're up 115 points on the dow industrials. anybody want to add anything else? liz: here is the thing about horse trading, they need a finance a tax cut. that is what is going on. there is horse trading keeping the upper income tax bracket in place, that 39.6% rate. there is horse trading going on right now. republicans are learning how to horse trade and negotiate with each other. stuart: what do you say, larry? >> these republicans are driving me nuts on this, we'll get clobbered if we can't deduct state and local income taxes. they're right. what do they need to tell the cons

charlie gasparino says that trump knows the fans better than it does and rodger goodell stay clear of, however, noticed. ainsley: mainstream media is not reporting how americans feel about it. and americans are sick about it. brian: it's not all over, though. i do expect some players to kneel. especially look at the 49ers and look at the browns. ainsley: even during the anthem? brian: definitely. they could sit in between plays, i have no problem with that. it's just the anthem. steve: when they do that, it's bad for their business because a lot of the fans, according to the polls, a majority of americans want -- ainsley: how does it come home in two years? sacrificing so much for our country and you saw the video. that poor guy was excited to have -- sacrificing so much and not to stand for those men and women that are doing so much for our country and our safety. brian: and he also had to fight with someone else about radio shack. ainsley: radio shack. steve: it's always something. 8:11 here in new york city and jillian joins us with a fox news alert. >> and overseas, think about ho

whether there is additional bracket for folks like charlie gasparino, et.al.ou hearing? reporter: every two or three weeks, we have the president with

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