it going to be a product they get to taylor for their needs. >> so those are gary cone's words but if actually look at the polls out this week, not talking about one. you have u"usa today", fox news opposing it 58%, 45, 54, 55. gary's comment is a little bit of a get what you get and don't get upset and you're going to like it and look at the numbers based on what the public knows and it's limited, they don't. >> the issue is if you want to argue as they did that this is a better program, it may take you awhile to come around to like it. that's one thing. for gary cone to say to like it and it might look different than the bill they got right now. we'll keep on talking about that but whatever health system our elected officials settle on, one idea that should be considered will almost certainly not be on the table and that is guaranteed insurance for all americans. every single one regardless of income, age, is it impossible? for fact sake, the rest of the world doesn't seem to think so. >> we need to accept that obamacare is dead. we need to understand in the reality is that what the

. ♪ ♪ >>> this week i had a chance to challenge the president's very own economic advisor gary cone howns to gr

and politico reporting that nec director gary cone is the front runner for her job when pressed by lawmakers on this question, yellen trying to deflect them. >> i absolutely intend to serve out my term. i'm very focussed on trying to achieve our congressionally mandated objectives, and i really haven't had to give further thought at this point to this question. >> you know, whoever is sitting in that seat early next year will have to grapple with a question of inflation and why it's remained so low, even though the labor market has strengthened yel nl said today she believes these factors are temporary and that the fed will be able to get in one more rate hike this year. >> most of my colleagues were at least the median anticipated that one further increase in the federal funds rate would likely be appropriate this year, but as it say, we constantly watch the economy, the evolution of inflation in the labor market, and we'll make decisions on the basis of our evaluation of that information. >> yellen also defended the fed's process for setting monetary policy and pushed back against calls th

and the reason is, the white house officials, whether it's gary cone and treasury secretary steve manuchin men in congress, paul ryan, mitch mcconnell, the goal is to come up with one bill they agree on. >> neil: they're not all together whether the tax cuts are significant size for everybody, some talking about whether rich guys like you, fred, get 'em. where is this going, what are we going to see? >> i think they will agree on something they just haven't done it yet. >> neil: okay. >> what you mention, it's not small details. because the tax cut is originally, envisioned, was not one that was going to be heavily focused on the middle class. there will be a tilt in that direction. i expect they'll get there. >> neil: i'm switching like a crazy professor, the president and the comments about jeff sessions, jeff sessions sort of odd press statement today, didn't quote the president, still says i want to stick on the job. what do you make of the whole thing? >> my guess is that he doesn't want to fire jeff sessions, but he wouldn't mind if jeff sessions resigned. it's just a peculiar way of

they ended up forging an alliance against the faction associated with new york, jared kushner and gary coneh people and so obviously it's not great for bannon that he had been aligned with priebus who is now out. there have been reports that bannon also fiercely resisted the hire of scaramucci. told sca on the other hand, bannon is key to the president's nationalistic world view. helped shape his views on immigration and reince was a person trump got to know out of necessity. i think the president probably understands on some level how steve bannon helped h make him the politician he is. so i think that would help bannon be somewhat protected but it remains to be seen. >> do you think the white house is likely to move on to tax reform or might that also be another potential dead end? >> we saw the president tweeting about that this morning and urging congress -- urging the senate to drop the filibuster so that they could push through a health care bill that senators both in the center, far on the right would be able to get behind. and so that doesn't seem like something that's going to happ

gary cone and steve mnuchin are not going for.s the president is inclined to raising tax onz the rich. he said this publicly. one thing the president does say privately and publicly is that he's always going to look after my people. and by that he means his base. one of his biggest problems with the first round of the health care bill was that it wasn't good for his people. now i think if you are going to bet on this proposal, it's just about as close to dead on arrival as you can possibly be you never know with steve bannon he does still walk into the oval and talk to donald trump you can never be quite certain in terms of predictions with this administration. >> jonathan, is this a reflection of where the influence of steve bannon is relative to others the administration and we mentioned cohen, mnuchin and what does that say >> i'm not sure it says a whole lot. bannon sees his role in the white house very much as provocative is not the right word that trivializes it. he sees his role as pushing extreme unpopular position that's

the top economic adviser gary cone spoking about the issues where they did not find consensus, like that climate change, the document of shared beliefs came out basically saying that the u.s. had noted had not signed on to the paris pact, had withdrawn it said that that pact was basically it was irreversible. so there was big push-back. but what was striking is an administration official, characterized it this way, you know how hard it is to get 20 people to go to dinner together, it is not such a big deal. the white house pushing back. but it is noted here in the headlines here in new york is glaring as how they viewed this as money america alone as opposed to the summit. thank you. >> thank you for being with us. thank you, peter alexander in germany. >>> and the questions are not going away. nikki haley was asked about this in an interview airing tomorrow. take a listen to a little bit of that. >> he wanted him to basically look him in the eye, let him know that, yes, we know you meddled in our election and yes we know you did it and cut it out and i think president vladimir putin did

includes treasury secretary mnuchin, economic director gary cone, house speaker paul ryan, and senateajority leader mitch mcconnell. this is still a wish list for tax cuts and lacks detail save for one -- the border adjustment tax is out. it was championed by paul ryan. it changes the way we tax u.s. imports and exports. it gives tax breaks to companies that export and strips away breaks from companies that import. it has two goals -- to encourage manufacturing in the u.s. but companies that rely on imports warn it will jack up consumer prices. americans love cheap goods. the other goal, to raise tax revenue. the plan has $1.2 trillion worth of tax cuts. without the border adjustment tax, it's not clear what will pay for it. they say reform will spur 4% economic growth. experts are skeptical. expecting slower 1.8% growth. the border adjustment tax reviled by the retailers is out. >> the big loss for paul ryan in particular there. >>> as nfl teams begin training camp, big question remains -- will colin kaepernick play at all this nfl season? >> andy scholes with more in the "bleacher r

trade rep, gary cone at the nec we're all working very closely together. and i think our counterpart and our allies are much more comfortable with understanding our position on trade. when i showed up at my first g-20 i think there was concern about trade wars. i've now met with many, many of our counterparts, i just got back from canada last week in meeting with the cabinet there. >> i mean, let me be very clear. president trump supports trade. he supports free and fair trade. but free and fair trade is reciprocal trade. and free trade is not i don't charge you a tariff and you charge me 25%. that's not free trade. that's not reciprocal trade. so we are working very hard, we want to be grow exports, we don't secretary ross and i are leading a comprehensive economic dialogue with the chinese. we had a very good discussion at mara lago. we had several discussions since then. i think you may have seen the announcement that we've opened up our markets to beef. although beef isn't going to change the trait deficit alone, it's a significant start and something