john fortt, melissa lee and myself here at post nine as we are watching the markets down about 55 points. the president meeting with the secretary general of nato as diplomatic tensions with russia are on the rise. our kayla tausche is standing by. >> reporter: since inauguration, president trump, vice-president pence and defense secretary mattis have all expressed the u.s.'s strong commitment to nato. president trump in his meeting with nato secretary's general is expected to do the same. senior national security council officials describing that commitment as iron clad and saying that today's meeting will cover the need for allies to incompetent crease defense spending, a swift review of nato's involvement in afghanistan and also the approach to russia. nato countries serve as a buffer zone to russia. the president's approval of montenegro's expansion in nato is an event that will put russia on edge. officials would not comment on the timing of the president's decision to approve that request. they have been under krr consideration since 2010. they would say the door remains open to ot

. >> john fortt, back to you. >> thank you, rick santelli.dden cost in particular for palm beach residents to accommodate the president and the right back. >>> you've heard the president call mar-a-lago the winter white house, but the cost on local residents may be too high. we're joined by elon, who's at palm beach airport for more on this story. good morning. >> it will be a high stakes meeting between president trump and president xi here tomorrow, but many local businesses say it's just a giant headache and that's because when the president comes to town, this airport arnold me shuts down. it's right in the middle of a ten naugtical mile no fly zone. jonathan the tells me expects to lose $55,000 during this four-day visit. >> when it closes your business entirely, it kind of has loses that luster. but you know, i'm torn between welcoming his visits and looking at my business closing down during those periods of time. >> this is president trump's seventh visit down to mar-a-lago and the frequent trips have forced one business to close up s

john fortt, sarah eisen and myself watching the market creep a little higher. dow up 37.se expected to unveil a tax plan later this afternoon. stev stev steven mnuchin gave us a sneak peek. >> reporter: big tax day here at the white house. here is what we know about what is in this plan according to a senior administration official that gave this tip sheet to our john harwood. starting with that 15% corporate tax rate, a big cut for corporations and also for pass-throughs. the top individual rate would end up between 33 and 39.6%. there is a revenue place-holder that could turn into the border tax. that place-holder is something to watch out for. there will be an expanded personal exemption or child care credit or possibly both. that would be important for the middle class. one issue on the pass-throughs is whether or not wealthy americans would use that to incorporate themselves and say, i'm only going to pay 15% in taxes. steven mnuchin sort of poo-pooed that idea and said that is not what is going to happen. >> what this is not going to be is a loophole to let rich peo