. >> can you agree with secretary mattis that the united states should stay in the jcp oa? >> were going to give the president a couple options of how to move forward to advance the policy towards iran. the jcp oa represents only a small part of the many issues that we need to deal with when it comes to the iran relationship is an important part of that but it is not the only part and we cannot let the iranian relationship be defined solely by that nuclear agreement. >> can you address the main headline of the story that you called the president a moron and if anywhere do you think the reports ... >> i'm not going to deal with petty stuff like that. this is what i don't understand about washington. i'm not from this place but the places i come from, we don't deal with that kind of petty nonsense. it's intended to do nothing but divide people and i'm not going to be part of this effort to divide this administration. >>. [inaudible] >> i think he's on his way to las vegas.>> >> >> those are our issues so we think there is opportunity to strengthen the relationship all levels

preserving the jcp away is in our shared national interest. business check that they will be willing to revisit the terms of this deal? request they are already revisiting the terms of this and the implementation.our european eyes, the e3, france, germany and the uk are supporting much more rigorous enforcement of the jcpoa and monitoring. one of the problems with this deal is that we cannot really say with confidence that they are complying. and we know from their behavior, poorly in the region and their behavior in the equipment with a walked up the line, have crossed the line several times. in terms of restrictions. but this is not a trustworthy regime.much more offensive monitoring is in order. >> booklets to see the iranians being able to revisit? >> enslavement revisit. it is just implement the agreement by going to sites. to fully implement inspections and monitoring. >> the thing you find most objectionable are that iranians are not going to revisit anything willingly.are they? >> they have to because otherwise what you do is you just

we often focus a lot on the jcp share them happy to intelligence elements that are buried there, but the president has come to view the threat from iran as at the center of so much that bogs us down in lots of places in the middle east. the threats presented to lebanon and israel, the shia militias, you can see the impact a are having today, even in northern iraq, the threat they pose to u.s. forces. we had an incident last week. the list of iranian transgressions, their missile program, cyber efforts, the list of transgressions is long, and from an intelligence perspective, we share that with the president. i think he concluded that we needed to reconfigure our relationships, not only with iran, but with the gulf states and israel to make sure we are addressing what he views as the real threat to the united states in a comprehensive way. >> there has been a lot of focus on the deal and if there's certification under the u.s. law that required the president to certify every 90 days. what's your sense of where we are headed with the deal? there has been so much focus, especially from

that addresses only the jcp. it doesn't address the broader set of parameters at the president is going to talk about at 12:45. congress doesn't know everything that the president is going to propose and can't react to it just yet. we'll see what he has to say as far as how far he wants congress to go to wrap all of this together so that if iran continues to engage in bad behavior, to stabilize and destabilizing activities in the middle east, it would result in the imposition of u.s. sanctions. after how much of an appetite there is in congress for that, but we will see. >> sandra: john roberts live in the white house for us. meanwhile, we await the announcement. what you think we will hear from the president? >> newt: and think the administration understands that iran has been our mortal enemy. just a few weeks ago, the iranian parliament was adopting the new military bill financed in part by barack obama sending money. and they were chanting death to america in the parliament. as a historian, i was asked my lib

it was jcp away. that was it. that was the strategy and the myopic pursuit of that enabled iran and its designs across the region. i think we should be happy for the president's leadership and the fact that he is directed the national security team to work across our government with allies and partners to develop strategies that are not based in wishful thinking, that are based in reality and will deliver improved safety security, and prosperity for the american people. >> thank you very much. i want to invite my colleague john haner to come up and get some closing remarks. john has served three administrations, the highest level of national security, just maybe provide a short summary of what we heard today but before he does, i wanted to thank you for your service, thank you for the opportunity to get to know you and provide whatever technical analysis and research we can to be helpful, and thanks for making the time to explain the strategy to us in the american people. >> thank you. [applause] [applause] >> the

barr is going to be critical in leading the effort forward in leading the jcp omp a. i thank the gentleman. earlier this month, president obama sent a new direction, a direction of leadership. he made clear that we no longer allow the iranian agreement to pursue nuclear weapons and threaten the very existence of our great friend israel, the strongest ally we have in the region. president trump made clear we will not reward iran for championing death to america and not allow this terrorist regime to dictate our nation's foreign policy. you knee, getting the iran deal done was the only thing the previous administration cared about. think about that, getting the deal done. we all remember that sentiment. getting the deal done, no matter how terrible was the only thing the previous administration thought about. we have to get the deal done. we have to get the deal done. and our present administration has guaranteed our national security and protect israel and our allies, and i appreciate the president's leadership. the united states should never have signed onto the deal

upcoming idea of a markup have you had any sense of whether you'll get revenue loss estimates from jcp? >> we haven't seen anything yet. i also think that we intend to do is jaw attention to middle-class values and i think middle-class america needs some attention drawn to. we intend to propose making build america bonds permanent. were going to go heavy on the investment side for american families. as noted earlier single filers ought to be eligible for the low income tax credit. and a big infrastructure program. some of the items we intend to message will give people a chance to see what were doing in the majority. the focus from day one on the middle class out. that's what the president campaigned on. the middle class. the architecture we have seen from the reports is inconsistent to what the nation rule said this is only about the middle class. we intend to hold them to their word. >> you for nothing to republicans about your proposal? >> know they been busy trying to decide what there's a. >> it's important to note that the what you reference that is consistent with our better dea

so first of all again the choice tune to narrow the discussion to nuclear weapons for the jcp away.s one that has historical precedent president president reagan of the soviet union indian disarmament. chose that pathway. number two. imagine a iran we is or with the thought of having a nuclear weapon just look at how the negotiations with north korea. go in that case it just it just would be exacerbated so the answer has to be what we said then. in no way first of all in no way are sanctions relieved that apply because of missiles because of human rights because of terrorist support. what we need to do is continue to ramp up the collaboration? with our friends and allies europeans and the gulf countries. to force that we have to leave it that thank you very much rich joining thank you. from iran not to north korea which issued a fresh threat to the trump administration today warning the president trump had lit the week of war. and that it's ready to quit settle the final school with a hail of fire not words. it comes up to the us military flew to strategic bombers over the north kor

did not tear up the agreement, he said he could decertify it and desertification is not required by jcp by the iran nuclear agreement review act of 2015 and an act of us congress, which requires the president to certify every three months whether iran is compliant tojcp 08, to the nuclear agreement and whether this deal remains in the best us national—security. deal remains in the best us national-security. but he also did signalled that he would consider imposing sanctions against, which the international community has condemned, but there has also been support for mr trump's suggestions from saudi arabia and israel, saying iran isa from saudi arabia and israel, saying iran is a supporter of terrorism and it must be stopped from being an aggressive. mr trump did state that there might be additional sanctions, indeed. the us treasury has authorised new sanctions against the islamic revolutionary guards corps, and those agents... ijust want islamic revolutionary guards corps, and those agents... i just want to check that we can still hear you. can you just say something to us, nazenin, p

i think the estimates that the jcp is putting out -- jct is wrong. there are not putting out the impacts of the economy that we could expect from a good plan. we should do more business in the united states and make workers more productive. that will be a boom to the economy. at 15 5 trillion that the senate budget allows revenue to be lower, we do not believe that they actual deficit impact will be of this size. it is easier to project spending in the 10 year budget window then taxes. tax revenue fluctuates with the economy. when you're a economy is growing, you will have more revenue. host: we have a bunch of colors -- callers. stan: it is also the committee for responsible federal budget. the urban institute on taxation is saying that it will reduce revenue by a substantial amount. any of the talk about this feedback is almost economic fantasy as opposed to reality. host: here is gloria on the republican line. caller: good morning. i am concerned about the proposed tax cuts. am i connected? host: you are on the air. caller: the corporate taxes, th

let's assume the jcp away deal has flaws in an adequacy's. let's assume we will not walk away from the deal, especially those -- once we walk away from that. >> let's assume that the iea hasn't on the inspections that they need to do. let's assume that iran is promoting terror throughout the region. cracks let's assume all these things for arguments sake. you to tellust like me, what is the number one thing we can do to enforce the client street -- to enforce the agreement, and what is the number one thing we can do, the number one toughest sanction we can impose without violating the deal? ambassador question mark -- ambassador -- the sections without violating it. >> use the joint committee process this dark -- to challenge iran on all of these issues we've talked about today. the access to military bases -- the issues that have been raised by mr. albright, some of the other actions that are in 20 to 31, the u.n. resolution, and press the iranians through that process. at the end of that process, there are steps we can take, short of walkin

. -- they make sure that these restrictions remain enforced permanently, drop the jcp oa sunset provision, which began -- slowly tapering off the enforcement of the deal and was required over a period of seven years. it will also bolster iaea, that is the international top agency associations powers. you heard the president saying iran withholding certain facilities that they believe that they are engaging in the nuclear program and the advance interviews program that iran is engaging in. the president did say though that while he's going to give congress some time to come up with a fix for not only the jcpoa but for iran's other destabilizing behavior and is a program, his patient for a fix from congress is finite and if congress doesn't act, he will. here's what he said. >> in the event we are not reaching an agreement within congress and our allies, then the agreement will be terminate terminated. >> i asked the president on the way, dana, of what he thought about the corker-cotton-review proposal, he said let's see what they come up with the over all. the president wants to see the pr

the jcp oh eight deal dispensed by the obama administration did not address american interests and failedo address the interest of our allies in the middle east and in europe. therefore president trump ran on the platform of denouncing the deal and now he is doing what he promised. he is trying to renegotiate the deal. he is not trying to scramble the dol together. >> melissa: he is trying to renegotiate to do what? at any idea that we could actually do inspections? when nikki haley said that to the u.n. or the iaea. they did not see any evidence that they needed to inspect. why would they do that? >> you have to push for that, because the international atomic energy a and see does not have access to iranian literary facility is where the nuclear research and development activities are going on. iran is still continuing to develop long-range ballistic missiles and has the capability to develop icbms. and iran is engaged throughout the middle east. syria, yemen, gaza, you name it, iran is engaged up to its eyeballs in activities that are inimical to american allies and to the united states

. >> do you believe it's in our national security interests to remain in the jcp away?r no. >> yes, senator. i do. >> does the president have to consider more broadly things that fall under his portfolio of looking out for the american people in areas that go beyond the specific letters of the jcpoa. in that regard, i support the rigorous review. >> iran is not in material breach of the agreement and i believe the agreement has delayed the development of a nuclear capability by iran. >> bret: u.s. ambassador to the u.n. nikki haley has tended to atone that's different. >> i do not remember seeing, witnessing the senior most members of an administration disagreeing so publicly. the president likes to go it alone. he wants to feed the base. he wants to do as president what he said he was going to do in vociferous terms when he was a candidate. if the chairman of the joint chiefs of staff, secretary of state and secretary of defense and national security advisor, three of the four of them, generals or former general saying iran is doing the right thing. it will be catastro

. >> under the jcp and under the nuclear agreement, it may be we are not able to reopen this agreementng to play, but doesn't mean we cannot undertake negotiations to address the areas of concern, which are the ballistic missile program, the sun set provisions, expired provisions and perhaps lay a second agreement down alongside of this agreement. eric: can that be addressed. vice president of the seno senorrian policy. clandestine officer for the cia. daniel, good to see you. what are the chances of the secretary of state just said of the second reworking of a side agreement to address some of those concerns? >> well, i think it's pretty challenging. we're playing catch up a little bit. you know, the president said in his speech on friday that he ordered a comprehensive review of our iran policy. i think what he found is that the obama administration had made essentially a bargain with iran whereby in the interest of signing a nuclear agreement which had some good points about halting iran's nuclear weapons program that we made too many concessions. >> yeah. and that's exactly for exa

they were getting tongue-tied around the forwarding of the jcp away. and i said just they were still ever. and so, there are traffic part of it with the payment upfront peers of people said, they got all of the money up front. this is a gift that gives over time. and so, if iran was pumping a million barrels a day, now is closer to 2.5 million barrels a day. what are they doing with that money? what are they doing with their defense budget? were they doing to foment violence across the region and beyond with that medically with their missile program? is the benefit that went to the region that was out of proportion to the benefits of the international community. what has iran done since then? this is with the president calls the spirit of the deal. they are not acting within the spirit of the deal.and then other fundamental flaws, what lay outside the deal? that behavior of the rgc but also the missile program. which is continuing unabated. and also, the anemic capacity to be able to verify complies with the deal. and so, look at the regime's behaviors

missiles or support for terrorism or if it takes actions in the nuclear field but are permit the by the jcph a, that would be a violation of the deal and give every excuse for iran to say you're violating the deal, we could do the same. and all the benefits of the deal as we just heard every expert, including the u.s. government itself, says is working in blocking iran's pathway that would be gone because we're playing with the deal. this argument it's not a violation of the deal because nothing happens today, i mean what would he would say if tomorrow iran announced we're going to abide by the nuclear restrictions but if in two years the u.s. has not withdrawn from iraq, all bets off, we're going to resume our program. i think we would say that's a violation of the deal. i think we would say that's unacceptable because our deal had nothing to do with our presence in iraq. so for us to now say if they engage in activity permitted, the sanctions are coming back, that would be a violation of the deal would isolate us from , europe, would strengthen the hardliners in iran, and that would put n

when the jcp 08 came into effect in 2015 they were able to restore production to close to three sections back million barrels per day mark 500,000 on concentrate. most of that is -- 63% into china, korea, japan. that would be the logical destination for most of this material, including any that might be backed out. -- from europe. rishaad: how much is invested in your view ? >> this is where the trump administration pivot could have a bigger impact in my opinion. contemplating a long-term investment in iran. during sanctions iran's oil infrastructure suffered severely. infrastructure was pulverized by sanctions. they havely have said opened the door to energy investments. more competitive incentives, longer-term agreements. companies thinking about investing long-term in iran have to consider if there is the threat of non-us banks finding difficulty handling money on behalf of iran, this could be a factor considered in making investment decisions. kittery party by -- what happens to the oil price? even with this move of i edink the pressures are capp around $60. you have a sense that mar

just under a minute we talked about big tech, google, amazon, microsoft earnings and retail blowups in jcpattel, as for gdp, not much market reaction but a comment on how resilient our economy remains. >> a lot of these companies are so well run and lean, all week we've heard from industrials that have put up numbers that are deeply affected by the fact that the dollar is weak. and the dollar weak story is -- we want to keep track of the dollar, don't want that to go back up because you'll get core comparisons. i find the enthusiasm for the companies is justified because the revenue growth is there. for years we saw bottom line good now a revenue is good, sales line drug companies disappointing. why? because they don't have the revenue growth that you're getting from the industrials or from the techs >> revenue -- >> don't have it. >> revenue growth at the big three, 12, 24 and 34. >> you heard me say you have all of these guys talking about j.c. penney and talking about mattel, the revenue growth is so extraordinary that i find that -- it was worth waiting for. you had to stay in there ar

mattis: we have two issues, one is the jcp away and one congress passed. butthose two are distinct integral with each other. as you look at what the congress has laid out, a somewhat different definition of what is in our best interest, and need to look at these distinct but integral issues the way the president has direct did. >> -- directed. >> if there is to be any change in our status of the jcpoa, especially if it involves the sanctions against iran outside of jcpoa, will you inform and talk to us because i'm only -- sanctionsny voted for with an understanding they would not be linked. this would: i think probably be most appropriate by the secretary of state and i would follow him appear. -- up hear. and the secretary of state have the lead on that, but once a decision is made i will be in on the decision. i will give input, of course. i will always be willing to come up and talk in here or in private. >> thank you, i yield back. chairman and mr. mr. secretary, general dunford. when we look back on the history ofthe vietnam war in august 1969, presid

. >> macy's remains troubled along with jcp and even twitter giving back gains they put together in octoberthat quarter. >> gm almost wiped out october gains. >> macy's piece, it's a really interesting -- macy's downgrade from the city, it's kind of brutal because it says they don't have anything going right. sales bad, xre interesting we believe the dividend could be at risk they have the free cash flow to pay the dividend but management wants to do the balance sheet. they've been buying back debt. >> with a dividend yield of 7. -- almost 8% right now, 7.8%, why even if you could maintain it, why would you? >> no, the reason why you woul do it because it's a heavily owned retail name and people would really be quite surprised. >> does the stock come down if they have a dividend cut >> yeah, i still think it does. >> because look at j.c. penney, they are fearing it's a great secular concern where it's the beginning not the end. and i think they are doing a terrific job go to a lot of macy's they look better but again, this is amazon prime. >> think of the real estate alone, that building on

do you believe it is in our national security interests to remain in the jcp oa?yes or no question. >> yes, senator, i do. >> you may have noticed i was talking to chair mccain, i'm also on the intelligence committee and i hear varying analyses of the status of afghanistan from the military and civilian intelligence agencies. in september 1963 president kennedy center famous mission to vietnam. a marine general, mendenhall is with the foreign service, they gave different account of what was going on in vietnam. one was optimistic about the progress, kennedy is famous, if you define winning and making sure we don't have another attack on the homeland from the terrorist organization and of the 90 that we recognize, international terrorist group, they operate in south asia. we can do that. if that includes getting the afghan forces to the point where they provide security for their country with a minimum amount of national support, we can do that. if one includes meeting president always been small groups of individuals interested in reconciliation. the framework has

restrictions remain in force indefinitely and that rates the jcp awake at sunset provisions.ter iaea verification powers. and let iran's centrifuge program. that plus the treasury is now imposing sanctions on the revolutionary guard. they are coming out of armstrong and and you'll see a lot more of that in the days and years to come. abby: will check back with you later. hopefully you are with the then. todd: obviously this is a huge announcement by the president. what is so interesting is to listen to the pullback from the other side. we need to take a step back and realize what the president did was really just say we are not going to certify the every and deal. i'm tired of this every 90 days deal for a guy to act. we are going to stop now and take some action now. we are not going to certify it. congress, is your job now among many jobs you have to figure out what the u.s.a. is going to do with regard to iran. here's your chance. run with it. and abby: have heard you talk about this on fox news in your lane of some great points. let's not freak out here. you were saying,