gerri willis is next with "making money." gerri: good evening. i'm gerri willis and you are watching "making money." president trump ramping up pressure on senators to get the obamacare replacement approved tweeting this, after years of suffering through obamacare republican nors must come through as promised. but what happens if the gop doesn't come through as promises with two no votes already, the bill can't afford to lose any more. ohio governor john kasich tweeted that the bill is still not acceptable, putting pressure on senator portman. former congressman allen west.

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fox's gerri willis breaks down the business side of the fourth of july. >> reporter: happy 241st birthdayerica. with 88% of americans plan on celebrating the nation's special day survey by the national retail federation finds 53% of consumers already own patriotic themed apparel like t shirts, bathing suits or shoes. still, 28% say they plan on purchasing more. >> rock on america. we need a little proud. everyone needs rock a little america pride. >> reporter: that american pride means different things to different people. but to 66% of those surveyed, it means a lot of red, white and barbecue. average consumer is slated to spend just over $73 on food for cook outs totaling over $7 billion in revenue. the north american meat institute says americans will eat 150 million hotdogs on july 4th alone. >> it's a time when americans get out and fire up their barbecue and there's really nothing better for the barbecue than meat and so whether it's a had the dog, hamburger, steaks, chickens, there's lot of different ways you can grill meat on the barbecue. >> reporter: long summer weekend is a pop

gerri willis, thank you so much. gone to desperate measures to gone to desperate measures to catch the crosstown bus. ♪ ♪ gone to desperate measures to catch the crosstown bus. ♪ ♪ ♪ i'm the one clocking in... when you're clocking out. sensing your every move and automatically adjusting to help you stay effortlessly comfortable. there. i can even warm these to help you fall asleep faster. does your bed do that? oh. i don't actually talk. though i'm smart enough to. i'm the new sleep number 360 smart bed. let's meet at a sleep number store. kennedy: i spent the weekend at freedomfest. i'm pleased to announce that unlike my previous trips, i didn't have to sell a single pint of blood to pay off my gambling debts. this is the "topical storm." topic number one. i did get a twitch in vegas though. last month the hottest workout trend was the cross fit. you dodge the fence' and the secret service. the hottest trend is cat yoga. a bunch of single woman in their 40s doing yoga. each class features a dozen cats walking over t

for more, on what this could mean, i am joined by gerri willis. so many tweets i bet president. where do we stand on health care right now? >> lauren, let's start with the last tweet that you just read from the president where he says if a new health care bill isn't approved, bailouts for insurance companies will stop. president referring to the payments the government makes to insurers so they make insurance less costly for low income folks. trump previously threatened to with hold payments known as cost should have hairing reduction payments which lower amounts individuals have to pay for deductibles, coy pays, insurance. the white house announced earlier this month that key obamacare subsidies to insurers would be paid this month. made no commitment to payments beyond july. insurers said those payments are critical to their ability to continue offering coverage on the exchanges. and have asked that the government commit to paying $8 billion in csr payments for 2018. look, lauren, if these subsidies go away, insurers said they will raise insuranc

gerri willis is here with "making money." gerri: good evening.and you are watching "making money." epic failure today for the gop on healthcare. it fell flat on trying to pass a repeal bill. conservatives and mods block any bill at all. president trump calling for the current law to just fail so congress can come together and create a new one. it was a day for the history books. but the gop healthcare failure is sparking concerns about tax reform.

gerri willis is here with "making money." gerri: good evening, i'm gerri willis and you are watching:"making money." president trump dressing down a recalcitrant senate which failed to address crumbling obamacare exchanges and spiraling healthcare costs. president trump admonishing senators that he has been in hand, and if they didn't deliver a bill to his desk they would have to stay through the august recess. we are going to have more on this later on the shore with the supreme court saying the trump administration can enforce refugee ban for now. reporter: the affordable care act if repealed the number of uninsured would increase by 17 million. by 2020 the cbo said 27 million people would be uninsured on top of the 28 million who don't have insurance today. by 2026, 32 million more would be add to the list of uninsured. but if you add it to the 28 million, we would have 60 million americans who would be uninsured. it does decrease deficits by 373 billion over a 10-year period. but average premiums would increase by 25% next

gerri willis is here with "making money." gerri willis and you are watching:"making money." president trump dressing down a recalcitrant senate which failed to address crumbling obamacare exchanges and spiraling healthcare costs. president trump admonishing senators that he has been in hand, and if they didn't deliver a bill to his desk they would have to stay through the august recess.

gerri willis is here with "making money." gerri: good evening. i'm gerri willis and you are watching "making money." epic failure today for the gop on healthcare. it fell flat on trying to pass a repeal bill. conservatives and mods block any bill at all. president trump calling for the current law to just fail so congress can come together and create a new one. it was a day for the history books. but the gop healthcare failure is sparking concerns about tax reform. 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 obam

gerri willis "making money." gerri: i'm gerri willis and you are watching "making money."es rising even though the senate rejects a bill to repeal obamacare. the white house announce a major investment in the u.s. foxconn known as apple's iphone manufacturer creating a facility in wisconsin and will make lcd panels and could generate up to 13,000 jobs.

gerri willis is next with "making money." gerri: good evening. i'm gerri willis and you are watching "making money." president trump ramping up pressure on senators to get the obamacare replacement approved tweeting this, after years of suffering through obamacare republican nors must come through as promised. but what happens if the gop doesn't come through as promises with two no votes already, the bill can't afford to lose any more. ohio governor john kasich tweeted that the bill is still not acceptable, putting pressure on senator portman. former congressman allen west. minute ago fox news learning five republican moderate are asking for changes to the bill before agreeing a procedural vote. apparently they want more money in this bill, colonel. i'm beginning to wonder, are they moderate republicans or moderate democrats in what do you say to that? >> you just answered that question. these are moderate democrats. they are progressive democrats. obamacare comes down to two things. it was an incredible increase of taxation. 20 new taxes. and an

gerri willis "making money." gerri: i'm gerri willis and you are watching "making money." major indices rising even though the senate rejects a bill to repeal obamacare. the white house announce a major investment in the u.s. foxconn known as apple's iphone manufacturer creating a facility in wisconsin and will make lcd panels and could generate up to 13,000 jobs. reporter: 13,000 jobs, a $10 billion investment. this will be a factory in the heart of what used to be the democratic stronghold. here is president trump delivering on one of the campaign promises of creating jobs and bringing jobs back to the united states in an area that people have said long left the united states, manufacturing. the representatives of fox connecticut, the president, the vice president, and the speaker of the house from wisconsin we are quite pleads with this announcement. here is what the president said. >> the company's initial investment of more than $10 billion will create 3,000 jobs at a minimum with the potential for up to 13,000 jobs in the very near future. the construction of this fa

. >> i'm gerri willis in for cheryl casone. lea: conflict of interest among special counsel robert muler's team. probing affiliations of muler's investigators. this comes after report that miller's team is examining business transactions by the president and associated. knows those transactions largely resolve russian interest. the president said that mueller will be crossing the line if it investigates business ties. >> reckless with regard of u.s. sanctions against russia. the department says exxon deepen partnership with russia in 2014 signing deals related to oil and gas projects in that contracts. weeks after washington imposes sanctions in moscow for anesming ukraine's crimea and also what happened hen rex tillerson was ceo. lea: white house says president trump still has confidence in attorney general jeff sessions a day after he criticizes law enforcement official. blake berman with the details. blake. blake: attorney general jeff sessions saying thursday that he's not going anywhere. the attorney general says he's not

. >> and gerri willis and for cheryl casone. breaking news this morning. john mccain diagnosed with an aggressive form of brain cancer. doctors found the tumor after they removed a blood clot from above his left eye. president trump tweeting melania and i send our thoughts and prayers to senator mccain and their entire family. get well soon. president obama saying john mccain is an american hero and one of the greatest fighters i've ever known. cancer doesn't know what it's up against. give it, john. megan mccain in a fox news hosted a statement saying the coolest enemy could not break them. >> she also said she's meeting them challenge as every other cancer may afflict him in many ways but it will not make them surrender. nothing never has. the senator and his family are reviewing treatment options including a combination of chemotherapy and radiation. gerri: attached diagnosis. dr. tiffany sizemore joins us now. great to have you with us. thanks for coming in. we are told this is a very aggressive form of cancer, brain cancer. what does that mean? >> the

gerri willis on "making money". she's going to be on the story and more. ing, i'm gerri willis, and you're watching "making money". we are bracing for the start of tonight's vote-a-rama, as the white house pivots to taxes and seemingly gives up on the border adjustment tax, while the house prepares to leave for summer recess tomorrow. must be nice to take a vacation amid all of that. to the health care scramble, just a few moments ago. a group of top senate republicans slammed the idea of a skinny bill. >> the skinny bill is policy is a disaster. the skinny bill, as a replacement for obamacare is a fraud. the skinny bill is a vehicle to

gerri willis on "making money". she's going to be on the story and more. gerri: good evening, i'm gerri willis, and you're watching "making money". we are bracing for the start of tonight's vote-a-rama, as the white house pivots to taxes and seemingly gives up on the border adjustment tax, while the house prepares to leave for summer recess tomorrow. must be nice to take a vacation amid all of that. to the health care scramble, just a few moments ago. a group of top senate republicans slammed the idea of a skinny bill. >> the skinny bill is policy is a disaster. the skinny bill, as a replacement for obamacare is a fraud. the skinny bill is a vehicle to get in conference to find a replacement. it is not a replacement in and of itself, and i am not going to vote for the skinny bill, if i'm not assured by the house that there will be a conference where my idea and other ideas can be taken up so we can actually replace obamacare. i'm not going to vote for a bill that is terrible policy and horrible politics just because we have to get something done. gerri: and

in new york, i'm gerri willis fox business. >> good news for drives this holiday weekend.th of july weekend are the cheapest since 2005. prices at the pump averaging $2.21 per gallon. according to gas buddy. that is far below the ten-year average of three dollars and 14 cents per gallon and roughly 16 cents cheaper than a month ago. >>> americans will save $4 million a day for everyone cent dropped. americans are feeling pretty flush with cash given fact that prices are averaging $2.21 a gallon. that puts more money into the pockets of consumers an lot of that money will be spent elsewhere. >> aaa predicts a record 44.2 million people will travel at least 50 miles from home for independence day weekend and most of those travelers will be driving. >>> are you constantly worry about whether your cell phone battery is charged enough? it can be frustrating but now one professor is using science and creativity with the hope of revolutionizing the way batteries work. fog's dan, has the story. >> reporter: build a better cell phone battery and the world will beat a path to your d

gerri willis.yone, with a look at these markets as we look at them trading pretty flat today. everybody is on edge, wondering what will happen with health care? what is is the ripple effect of that? we have expert advisors here right for you hire right after this. people would ask me in different countries that we traveled, what is your nationality and i would always answer hispanic. so when i got my ancestry dna results it was a shocker. i'm everything. i'm from all nations. i would look at forms now and wonder what do i mark? because i'm everything. and i marked other. discover the story only your dna can tell. order your kit now at ancestrydna.com. won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. switch and you could save $782 on home and auto insur

fox's gerri willis breaks down the business of the holiday. >>reporter: happy 241st birthday, america. with 88 percent of americans say ing they plan on celebrating the nation's special day a survey by the national retail federation finds 53 percent of consumers already owned patriot ic teamed apparel like t-shirts, bathing suits or shoes rocca little america. i high we need a little pride. rocca little l america pride. that american pride means different things to different people. but just 66 percent of those served it means a lot of red, white and barbeque. the average csu just over 73-dollars on food for cookouts totaling over 7 billion-dollar in revenue. the north america meet institute says americans will eat 150 million hot dogs alone. it's time when americans get out and fire up their barbeque. there's nothing better for barbeque than meet, whether it's a hot dog, hamburger, stakes chickens. there's lots of different ways you can grill meet on the barbeque. it is also a popular time for travel and drivers will pay the lowest price for

gerri willis is next with "making money." gerri: good evening.ng money." president trump ramping up pressure on senators to get the obamacare replacement approved tweeting this, after years of suffering through obamacare republican nors must come through as promised. but what happens if the gop doesn't come through as promises with two no votes already, the bill can't afford to lose any more.

gerri willis on markets that don't at least seem to carry about these details. >> that's right, neil. just as the senate moved on to healthcare legislation, president trump signalling high school ready to move on to tax reform legislation. his priority, push down corporate tax rates and give middle class taxpayers a break. even if that means raising taxes on the well to do. how much would the wealthy's taxes rise? not too clear today. listen. >> i quote here, the truth is the people i care most about are the middle income who have gotten screwed. if there's upward revision, it's going to be on high income people. on that upward revision part, what exactly was the president talking about? is ate revision from his plan on the personal side of 35% or is it revising it up from the current tax code? >> when we get ready to walk through the full details of the plan, i'm happy to do that at that time. right now we're focused on the three big priorities of the tax reform, a simple fairer tax code, middle class relief and creating jobs. >> does the president believe the wealthiest americans de

gerri willis is next with "making money." gerri: the healthcare scramble is on. the republicans push to pass a healthcare law facing a new setback. health issues foresenator john mccain delay a vote on it this week. >> i can tell you we hope john mccain gets better very soon because we miss him. he's a crusty voice in washington. plus we need his vote. and he will be back. he will be back sooner than somebody else would be back. but we need that vote because we need to repeal obamacare and we'll end up replacing it. gerri: how many delays can the republican party afford? you have been a leader on this issue. you are the spokesman for the party in so many ways. you are actually a doctor so you know what you are talking about. this issue with john mccain. they are talking about it might take a week for him to get back. he can't fly. he may have to drive. >> john mccain is a vital part of this. as president trump said he's a crusty voice, he's also a courageous voice. we need 50 votes. we need john mccain here for that vote. we were prepared to vote this week. there

joining us, max ferris and gerri willis. what do you make of that, gerri? >> listen, i think it's fabulous. we had a great day today. it was a half day of trading. don't get too excited. what i want to say to people for the second half, there's more than four stocks to buy out there. everybody thinks about the fang stocks. terrific the nasdaq was up 14% in the first half. but you can shop around and buy stocks that aren't the four stocks. that could be a possibility. >> the major averages have been appreciable year to do. the dow almost 9%. we've had the nasdaq up north 14%. is that sustainable in the second half? does it depend on what's going on in washington or not? >> i don't think the market needs anything positive. it may be a benefit at this point. it's been discounted. the trump rally just turned into a rally in the last few months. it's mostly tech stocks. >> how much does he have to do with it, you think? >> the stocks are up strong today. those would be the ones to benefit most from the tax cuts. it's the technology, the apple, the google. those

charles: want to give a special thanks to gerri willis and congressman gohmert spending last hour withing across the country extraordinarily strong. new orders up, production is up. exports is up. everything is up. handing a world record to neil cavuto. neil: if it doesn't stay, it is on me, way to go, charles, thanks. charles, never thank your before thes coming on staying a long time. you should say it is your honor. that doesn't work? >> still learning. neil: there you go, buddy. keeping close eye what is happening on corner of wall and broad. volume fraction what it would be, day before major holiday markets close in another hour or so. sometimes in these types of environments markets do the darnedest things. like racing to records, fairly broad based performances going on here. nicole petallides, too pick it all apart at the new york stock exchange. hey, nicole.

let me ask fox business network gerri willis. the president does a lot wrong.ngs. especially on twitter. just stop, we have enough going on. you don't have to make stuff up to sell aerobic shoes. gerri: if somebody said that to me i would say thank you, you made my day, i love to hear it. what reboiks really telling you is they believe money is red or blue, not green. they don't want to see anybody from any red state buying their shoes. this is confounding. i don't understand why they are doing it. what makes me even angrier from their brand manager saying they are helping change the narrative around women. kennedy: don't feed me your company line about whether i'm expected to accept that for myself whether i receive compliment. if someone tells you you are in good shape, shouldn't you be shahful for that? gerri: i'm all about positive reinforcement. she said sh -- we saw this as a learning moment. who is the teacher if this is a learning moment? this is marketing. we are selling gym shoes. kennedy: even michael year dan when asked if he was going to get tone p

gerri willis is here with "making money." gerri: the dow book a second straight record close. but first to the breaking news of the day. senate republican leaders aiming to salvage leaders backed by president trump to dismantle the obama care law. new healthcare legislation was unveiled in the senate. the consume per freedom option put forward by senator ted cruz is part of this bill. the idea is controversial but it will get rid of the one size fits all insurance. tuck forget tax relief if you are well to do it reinstates 3.8% surtax on investment income. number three, medicaid funding gets tweaked. probably not as much as liberals want. but this an additional $45 billion for opioid treatment. welcome all. so today we heard mcconnell say it's time for the senate to rise to the occasion and he's chiding republicans to get in line and support this bill. they are voting next week. my question, can he even get it to the floor? >> he's got sack strong argument. get it to the floor then vote it down. his margin of error for getting it to the floor is zero. rand paul and susan colli

gerri willis coming thank you so much.cky not to, but when it comes to donald trump and donald trump junior would avoid e-mails and collusion. depending what you read coming that seems to be the conclusion here and worse, another watergate summer. it depends what you read, what you follow. a lot of media outlets are saying this doesn't look good for the white house which is a fairly good conclusion. he said he had no such meetings with russians and in fact he did arrange this one. all right, so a young guy who may be as naÏve as the whole political process are misrepresented. that is as far as it goes. he wouldn't read that in the media, but how is it looking to you. >> i think it's an important development is the media development has been consumed with the story. we look at the evening newscast last night, 70% of the cbs evening news was about this young story. an airplane crash or earthquake put together. we look at the cnn morning show this morning, three hours long, two hours and 15 minutes on the trump junior story,

gerri willis, thank you very much. what to read into this, the timing of all of this, the guys have great internal tracking polls that show being against something can only get you so far. the fact that so little money has ended up in their democratic when republicans are making money lead some to believe that a different strategy is involved here, the democratic stagist, former ted cruz chief of staff, chip, what do you think of that, obviously chuck shuinler -- schumer is a pretty good strategists and have seen limits to cite sizing the other guy. what do you make of this? >> what we have seen since president obama took office, the democrats lost a thousand seats across the country. they went from 31 governors down to 16, they went from 60% of state legislatures down to about 30%, so i think they are seeing a dramatic shift across the country and the republicans are doing well state by state. this is a reaction to that and focusing on the working class. the problem is that's precisely why president trump was swept in

first, let's go to fbn's gerri willis with the latest. hey, gerri? >> hi

gerri willis has got, i think a fascinating story today on this.heryl, this is a fascinating story. luxury carmaker volvo stop making cars run only by internal combustion engine by 2019. all volvos after that will be fully electric or hybrid. this makes volvo the first major automaker to abandon the technology that fired up industry more than 100 years, starting back with the model t way back in 1908. the compani' sees yo had this to say. this is about the customer. they increasely demand electrified cars. you can pick whatever electrified volvo you wish. he rerated the company's plan to sell one million electric and hybrids by 2025. the volvo announced plans to announce five new electric hybrid vehicles between 2019 and 2025. the irony of this announcement as gas prices hit 12 year lows. some automakers say they're making a calculation that ever strict emissions regulations will make it more cost effectively to produce hybrids rather than gas-fired cars. that is part of what is going on in the ceo suite. volvo owned by a chinese insvelte firm, gee

let's get details from our very own gerri willis. >> reporter: luxury carmaker volvo will start making run by only internal combustion engine by 2019, all will be fully electric or hybrid by that time. the announcement makes voefl oat first major automaker to abandon the technology that has fired up the industry for more than 100 years, starting way back to model t in 1908. the couple of's ceo had this to say, this is about the customer, people increasingly demand electrified cars, you can pick and choose whichever hybrid sales with periods of high gas prices. somewhere saying the calculation that ever. . liz: lot of refugees pouring in from there. this move reflects deep move from vienna over the islam seekers who continue to move across the mediterranean, here at home, illegal immigrant arrests are doubling under president trump. joining me now is the executive director, the retired lieutenant colonel allen west, good to see you. >> good to be with you, liz. liz: when you see the ongoing migrant crisis in europe, why do people criticize president trump when democrats have historicall

gerri willis is here with "making money." gerri: the dow book a second straight record close.the breaking news of the day. senate republican leaders aiming to salvage leaders backed by president trump to dismantle the obama care law. new healthcare legislation was unveiled in the senate. the consume per freedom option put forward by senator ted cruz is part of this bill. the idea is controversial but it will get rid of the one size fits all insurance.

a fox business networks gerri willis has the story for us. >> luxury carmakers volvo will stop makinginternal combustion engine by 2019. all volvo's will be fully electric or hybrid by that time. the announcement makes volvo the first major automaker to abandon the technology that inspired the industry for more than 100 years, starting with the model t way back in 19 oh eight. the company ceo had this to say say -- he reiterated the company plans to sell 1 million electrics and hybrids by 2025. volvo announced plans to launch five new electric hybrid vehicles between 2019 and 2025. the irony of the announcement is that it comes at a time when gas prices in the u.s. have hit a 12 year low. some now say that automakers are making the calculation that ever strict emissions regulations will soon make it more cost-effective to produce hybrids rather than gas-fired cars. volvo is owned by chinese investment firm after it was sold by ford. underneath the chinese, the company prospered. speculation is high that volvo will attempt to run a public stock offering and that the strategy announced

there is a lot of reasons for this but gerri willis has all the details. right, neil. whoo who, more money from your company. the numbers are impressive. average company contribution to 401(k)s rose 4.7% in 2016 up from 3.9% in 2015. it was highest percentage and biggest year to year jump in a decade. that data coming from fund giant vanguard group which runs 1900 work place retirement savings plans. the big question, why are employers doing this, right? after all the move away from defined benefit pension plans into 401(k)s in the first place was to save money. putting more money in 401(k)s is a move in the opposite direction. the answer though according to "the wall street journal" today, boosting retention of the best employees. that is one reason they're doing it. helping boomers who may not have saved enough for retirement to retire on time. employees who don't have adequate savings tend to stay in their jobs longer. they add to overall health costs. they're expensive, companies are trying to save money that way. even a small change though in contribut

first, let's go to fbn's gerri willis with the latest. hey, gerri? >> hi, trish. john cornyn says a score on the bill from the congressional budget office could common. consensus has been sorely lacking among senate republicans for a way forward on a healthcare bill. a fact, undercored by the white house, said democrats had done a better job of coming together on the issue. they're more organized reporters were told. in the senate, some gop conservatives are pushing off on full repeal until a future date. moderates want to spending on medicaid and the opioid crisis. some including mitch mcconnell are considering the possibility of legislation to bolster the obama exchanges and working with democrats to get the deal done. the most recent idea advanced by senator ted cruz who says insurers could have plans that don't have all the benefits required by the affordable care act like maternity or dental coverage as long as they offered one plan that does provide the full complement of coverage. that idea under assault by progressives that say it would take away coverage

gerri willis is live in new york city with all the details on this. gerri?oposal to scale back the affordable care act, the so-called skinny option, getting rid of obamacare manned dates, could push push rates higher if passed, according to blue cross/blue shield association, a major insurer on healthcare exchanges. here's what they said. quote, if there's no longer a requirement for everyone to purchase coverage, it is critical that any legislation includes strong incentives for people to obtain health insurance, and keep the year-round. a system that allows them to purchase only when they need it drives up costs for everyone. the ceo of anthem said if the company doesn't get more certainty about the future of the exchanges, well, it will further narrow our level of participation. anthem is the largest for-profit company in the blue cross blue concealed association. swedish, the ceo, emphasized the need for cost-sharing reduction payments for 2018, and without them, said, the insurer may boost rates 18% to 20%. as i throw it back to you, melissa, you got to

meanwhile, gerri willis now on gridlock over this health care reform. e and whether you're part of obamacare or not. what's going on, gerri? >> hey, there, neil. that's right. lots of concern in the insurance boardrooms, let me tell you. and you think insurance coverage on the obamacare exchanges is expensive now, well, just wait, say health insurers. a proposal scaled back the affordable care act, the so-called skinny option that would get rid of obamacare mandates. well, that could push insurance rates even higher if passed. that's according to the blue cross/blue shield association. that's a major insurer on this health care exchanges. here's what they said. that there's no longer a requirement for everyone to purchase coverage, it is critical that any legislation include strong incentives for people to obtain health insurance and keep it year-round. a system that allows people to purchase coverage only when they need it, well, drives cost up for everybody. end quote. on a earnings conference call, the ceo of anthem said if a company doesn't get more

fox's gerri willis breaks down the business of the fourth of july. >>reporter: happy 241st birthday, america. with 88 percent of americans say ing they plan some celebrat ing the nation's special day 43 percent of owners already own patriotic clothes. rocca little more america. i think we need a little american pride. that american pride means different things to different people. bu surveyed it means a lot of red, white and barbeque. the average consumer is slated to spend just over 73-dollars on food for cookouts totaling over 7 billion-dollar in revenue. the north american meet institute says americans will eat 150 million hot dogs on jul. it's time when americans get out and fire up the barbeque there's nothing better for the barbeque than meet, whether it's a hot dog, stakes, chicken. there's a lot of different ways you can grill meet on the barbeque. a long celebration week is a popular for travel and they'll pay the lowest for gasoline in 12 years. almost 33 million americans say they plan on taking advantage of these low prices by packing up

gerri willis thank you very much. gerri talked about the 45 million for on pyoid. it will be a lot more money. republicans likely to keep in place at least two of the more prominent taxes built into the affordable care act. talking about 3.8% surtax on the well to do. gerri pointed out earning more than $200,000 a year. couples earning $250,000 a year, the group has to pay a .9 of medicare surtax. it would dole out billions over the next 10 years to buy votes. are they buying any votes? does this make a difference? does this get conservatives on board? buying votes with lots of money, presumably trying to trim this then down seems like an oxymoron. but let's ask club for growth president david macintosh. what are you hearing about this? >> inclusion of the lee-cruz amendment opting out an consumer choice that is a big step in the right direction. we're all for that. we've been advocating for it. disappointing as you point out all of these wasteful spending increases and therefore, keeping the obamacare tax increases which hurt job creation. it is a protection that

thank you very much, gerri willis. in the meantime we are moments away from a white house briefing.wrapping up that two-day meeting, which it is expected to outline how to unload that 4.5 trickling of debt it has cumulated after this at fidelity, trades are now just $4.95. we cut the price of trades to give investors even more value. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be. and at $4.95, you can trade with a clear advantage. the toothpaste that helps new parodontax. prevent bleeding gums. 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. ♪ : hello, this is adt, is everything ok? 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 on, you're running around, you're not thinking clearly, so they called the fire department for us. and all of this occurred in four minutes or less.

our own gerri willis is live in the newsroom with the latest on this. gerri?that's right, melissa. did donald trump, jr., talking, taking a meeting with russian sources who promised incriminating information on hillary clinton? and two, would wray have recommended against charges against hillary clinton regarding her handling of classified information even before an fbi investigation was conducted? on subject of russia wray had this exchange with senator lindsey graham. >> if i got a call from somebody saying the russian government wants to help lindsey graham get reelected they have dirt on lindsey graham's opponent, should i take that meeting? >> well, senator i would think you would want to consult with good legal advisors before you did that. >> so the answer is, should i call the fbi? >> i think it would be wise. >> you will be the director of the fbi, pal. >> wray, former department of justice official and lawyer was repeatedly asked whether he would have publicly declared in press conference as former fbi james comey did he would not bring charges again

gerri willis is next with "making money." gerri: the healthcare scramble is on. healthcare law facing a new setback. health issues foresenator john mccain delay a vote on it this week. >> i can tell you we hope john mccain gets better very soon because we miss him. he's a crusty voice in washington. plus we need his vote. and he will be back. he will be back sooner than somebody else would be

fox business network gerri willis is here. lots of bacon?> there's bacon, pork, a lot of fat. $5 million for something they call save america's treasures. what that is, a historic program. it sounds so nice, preserve properties n reality what they're doing is backing businesses that are run out of old houses. and i have to tell you, looks like a lot of wasteful spending to me. $15 million for alternative energy research sounds good. but guess what. there's a whole program that spends billions of dollars for it. this one i'm talking about is for combat vehicles, don't know if they put solar panels on jeeps for the army. but the energy and army spends billions and billions on this. i don't know. there's in the east-west, east-west center in hawaii, $6 million, every single year, gets more money through ear marks every year. let me tell you, the state department hates the thing. tries to get spending stopped. they can't do it. it is intended to promote better relations between pacificnd asian nations. why we're in the business of doing that, i

gerri willis has these people's profession and what they do.aded to the track wednesday at 9:00 p.m. eastern for full coverage of the el dorado. the camping world truck series super dirt car series live from ohio. that's wednesday only on fox business. ♪ whoa that's amazing... hey, i'm the internet! i know a bunch of people who would love that. the internet loves what you're doing... ...so build a better website in under an hour with... ...gocentral from godaddy. type in your idea. select from designs tailored just for you and publish your site with just a few clicks-even from your... ...mobile phone. the internet is waiting start for free today at godaddy. approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all

gerri willis, what do you think? >> this is definitely a distraction. no doubt about it. you can see it in the leads here, the stock market, trading sideways for a number of weeks since the word of "impeachment" starting appearing in mid may. remember, in the seven weeks after the president was elected, the market up 8.3%. big difference. why? because look, business owners all over the country, what do they know? they're not going to get the tax reform, the tax breaks. they might as well wait till next year. so they delay, put off, move forward expansion, hiring, buying equipment, supplies that they might otherwise do. that puts expansion on hold, that puts the stock market on hold. remember, this isn't just something that is important to the 1%. this is important to moms and dads and important to people with 401(k)s, saving for college, your children's college savings. makes it that much harder. >> neil: in other words, you're not characterizing whether any of this -- the question and the timing of meetings with russian officials on the part of donald trump jr. and these

gerri willis has more on what this industry is saying about the ongoing debate. than us to. >> reporter: you got that right. panic, david, you think insurance coverage on the obamacare exchange is expensive, just wait. that's what health insurers say, a proposal to scale back, the skinny repeal that would get rid of obamacare mandates could push higher if passed. that's according to blue cross blue shield association, major insurer on health care exchanges. here's what they said, if there is no longer a requirement for everyone to purchase coverage, it is critical that any legislation includes strong incentives for people to obtain health insurance and keep it year around. a system allows people to purchase coverage when they need it drives up costs for everyone. on earnings conference call, the ceo of anthem said if the company doesn't get more certainty about the future of the exchanges, it will, quote, further narrow our level of participation. anthem is the biggest for-profit company in the blue shield blue cross association, swedish emphasized the need for c

for a moment stick up for jeff sessions, only because the other day it was announced, and our gerri willis covered did extensively because she's our person when it comes to things like medicare fraud. i announced the arrest, chris of 400 doctors, nurses, and who knows what else. business people who were basically just raping medicare. fraud. all kinds of problems, and he arrested 400 of them, and it was totaling about $1.3 billion. there was that. but also, his crack down on ms13, the gang members who have saturated certain areas of long island. that's tough enough, isn't it? >> yeah. i think he is tough enough. and watching the president beat on jeff sessions, who was loyal to him, who was there early and often and first and foremost for him. it's like watching a man kick his dog. it shows no loyalty on the president's part, and i feel for jeff sessions. and let me tell you who else feels for him. there are 52 republican senators right now who say to themself if the president won't be loyal to jeff sessions, how can we count on the president to be loyal to us? every action has an equal, o

fox business's gerri willis. let's go first, gerri, on notion this is distraction and nothing more. that is the best republicans can hope, right? >> you mean. mails we were talking about? absolutely a distraction. hopefully they have this thing right but who knows. if it is not more than a distraction, disaster for what they want to get done if it is not, what is august's distraction? seems like something every single week new comes up. i have to tell you i don't see how the timeline really works. there are so many or the distracting factors. budget resolution has to be put in place. neil: it has to be to clock work, right? >> yes. neil: debatable. >> almost like the senate is looking for distractions at this point. if timeline can be interrupted, they need to take a break because they got back from taking a break, because they need ad break because they didn't do anything. they need august recess, they did nothing, and taking a break from doing that as well. they have seven months into their, this part of their legislative agenda. they have maybe a supreme court justice to appoint