i'm jon scott in new york. >> jon scott along with melissa francis. we're continuing our coverage of the horrific events of yesterday in parkland, florida. joining us now is ari fleischer the former white house press secretary under george w. bush and fox news contributor. it is never the job that any president wants to have when they become consoler in chief at a time like this and there are all kinds of screams and criticisms from around the country at what happened yesterday in parkland. give us your sense of how president trump handled this one today. >> i thought his remarks were the right remarks and this is the time that presidents have to look into their hearts and say how can i help? what words can i use to sooth those who suffer? i think the president found the right words. these are among the most difficult things presidents have to do is to become the nation's comforter in chief and it's a moment every president goes through and i thought the president did a very artically, emotionally and well. >> no child should ever be in danger when he

i'm jon scott in new york.rine herridge is our chief intelligence correspondent and has some inkling of what this memo contains and it really starts with that fusion gps dossier that was compiled by then candidate donald trump, kathryn. >> fox news confirms the four-page memo has been declassified and notification or certification came in a letter from the white house. that means these documents will now be available publicly for every american to read. we understand based on our reporting that there are some key findings in this memo and one has to do with this anti-trump dossier and how it was used to obtain surveillance warrants or warrant during the 2016 campaign. we understand that a very senior law enforcement official at the f.b.i. sought a surveillance warrant and told the committee, the house intelligence committee it would not have been possible without the use of this dossier. that's important because the dossier was funded by the clinton campaign as well as the dnc. we also understand based on our r

i'm jon scott along with melissa francis who is here.hese ceremonies honoring a truly remarkable american. only the fourth time that a private citizen, melissa, has laid in honor in the united states capitol building. we'll be back with more coverage in just a moment. truecar is great for finding new cars. you're smart, you already knew that. but it's also great for finding the perfect used car. you'll see what a fair price is and you can connect with a truecar certified dealer. now you're even smarter. this is truecar. 4 out of 5 people who have a stroke, their first symptom... is a stroke. 80 percent of all strokes and heart disease? preventable. and 149 dollars is all it takes to get screened and help take control of your health. we're life line screening... and if you're over 50... call this number, to schedule an appointment... for five painless screenings that go beyond regular check-ups. we use ultrasound technology to literally look inside your arteries... for plaque which builds up as you age- and increases your risk for stroke

i'm jon scott. >> melissa: did you watch the game? >> jon: of course i did. >> melissa: it was awesome. >> jon: great super bowl. >> melissa: back to serious stuff. the president set to leave the white house later this hour for a speech in cincinnati followed by the continuing fallout over the fisa memo. the president now says it is totally vindicated and intelligence chairman devin nunes says despite the criticism, republicans did the right thing. >> a footnote saying that something might be political is a far cry from letting the american people know that the democrats and the hillary campaign paid for dirt that the f.b.i. then used to get a warrant on an american citizen to spy on another campaign. and it's a very dangerous precedent that was set. >> jon: the top democrat on the committee says this has nothing to do with transparency. here is adam schiff. >> they voted that down. they voted against hearing from the f.b.i. when you do oversight you haul them in under oath saying why was this and that included? the interest wasn't ove

ifm -- i'm jon scott. >> i'm julie band areas. federal law prevented the school from them doing anything about it. sheriff's deputies were called to his family's home nearly 40 times and as there are growing questions about the response on the day of the massacre meantime parents of some of the survivors at the florida state capitol calling for action on gun control. >> we are here for the kids. not about politics anymore. i don't care if there is democrat or republican, i don't care if you aren't a mother or father. i don't care. but we need to get together as a country. >> phil keating joins us live in parkland with the latest. >> happening now in tallahassee meeting with the mayor and meeting with parents of student who attend the high school. the focus of these talks and the reasonable the parents went up there is about school safety. the next court date dealing with the suspect nikolas cruz comes on thursday. 19-year-old nikolas cruz charged with 17 counts of first degree murder. they are getting -- the judge denied a motion

. >> i'm jon scott.he deadly school shooting in florida sparks a media debate over gun control, mental illness and president trump's response. our media panel weighs in. a confessed killer's attorney speaks out in an emotional interview. what he says is behind the massacre and remembering an american hero. a medal of honor recipient who spent six years as a prisoner of war in north vietnam is laid to rest top of the hour. >> bill: thank you, jon. two brothers busted in the bronx. police finding 30 pounds of chemicals used to make bombs inside of an apartment. >> agents found a box containing up to 20 pounds of iron oxide. five pounds of aluminum powder and a bag of metal balls that could be used as shrapnel in a bomb. a bomb threat was called in to a charter school. the teacher resigned shortly after and his brother tyler turned over his brother's laptop to the school as a matter of routine. when school employees did a check they found instructions on the laptop how to make explosive devices and they cal

i'm jon scott. >> sandra: i'm melissa francis.s billions of dollars to military and domestic programs over the next two years and it is that extra spending that worries some deficit-minded republicans. meanwhile the sticking point for some democrats centers around the so-called dreamers and the fact that immigration is

i'm jon scott. >> i'm julie banderas. the community continues to mourn today. hundreds of people attended a vigil for the victims last night. some in the crowd sobbed as the names of the deceased were read aloud. a moment of silence was observed. seven people remain in the hospital from the attack at this hour with one person who remains in critical condition. meanwhile the suspect 19-year-old nikolas cruz made his first court appearance yesterday on 17 counts of premeditated murder. the judge had him held without bond. >> julie, good morning. you can see behind us traffic going on. people are retrieving vehicles. it is a crime scene that has been locked down since wednesday. now people first getting the chance to go in and get their vehicles. a lot of people still have their purses, knapsacks, phones still in the school. so some signs that they're starting to get their vehicles back today. we're getting more details. very minute details from the timeline of what went on here. just six minutes the shooter was inside that school and of those six minutes just thr

i'm jon scott. >> i'm julie banderas.ump expected to clear the memo for release today and up to congress to make it public. what's inside is highly controversial. ranking member adam schiff accusing the chairman devin nunes of changing it before sending it to the president. meantime kentucky senator rand paul on "america's newsroom" this morning said it is time to release this. listen.

i'm jon scott. >> back in business. julie banderas.t was hours of legal wrangling the forced the second federal shutdown in three weeks. the president just signed bill. our military will be stronger than ever before. we love and need our military and gave them everything and more. first time this has happened in a long time. also means jobs, jobs, jobs. peter doocy joining us live

ifm -- i'm jon scott. >> i'm julie band areas.aw prevented the school from them doing anything about it. sheriff's deputies were called to his family's home nearly 40 times and as there are

. >> bill: jon scott coming up next on "happening now." a quick preview.rning. >> good morning. the democrats say their fisa memo corrects the record. now it is in president trump's hands. will he consent to release it as he did the republican version? a wild ride on wall street. why the dow is regaining some ground after yesterday's record slide. and new witnesses come forward more than three decades after the mysterious death of natalie wood. police say her then husband robert wagner tells a story that doesn't add up. >> bill: 37 years later. see you in 10 minutes. secretary of state rex tillerson on a whirlwind tour making the case of america versus china. that report is next. what makes these simple dishes the best simple dishes ever? great tasting, heart-healthy california walnuts. so simple, so good. get the recipes at walnuts.org. >> bill: we're learning the chair of the homeland security committee is that flying is the most pressing national security threats we face. >> most disturbing and quite frankly kind of what keeps you up at night the crown

i am jon scott. >> and i am molly line.ddressing for the second time, telling his support of crowd, those welcoming crowds, that's the administration has hit the ground running. chief white house correspondent john roberts is live on the north lawn for a look at what we just watched. >> molly, good morning to you, this is one of the longest speeches i have ever seen him give, that goes back to the campaign as well. sometimes he would touch the hour mark, but that one was a full hour and 15 minutes, much of it talking about the marjory stoneman douglas shooting in parkland florida last week. a supporting common sense gun safety measures, improving background checks, making sure that mentally ill people don't get a hold of weapons. raising the minimum age to buy a rifle from 18 to 21. interesting that he did not mention that particular aspect of gun safety here at cpac. he also said that we need to turn schools from soft targets into hardened targets and armament certain staff members in the schools. listen to what the presid

. >> bill: jon scott is coming up next on "happening now."nd how will it affect the mid-term elections? our guest says we could see a dramatic change in the political landscape by november and here to tell us why. a disturbing new report on russian hackers breaking into u.s. defenses possibly getting a look at classified data on some of our most sophisticated military technology. and she bought the ticket worth more than a half billion dollars. the lucky jackpot winner is not claiming her prize. why she is challenging new hampshire's lottery laws. >> bill: in a moment here the most powerful rocket on earth times two and a cherry red convertible. a launch like this hasn't been seen in decades. ♪ i'm the rocketman ♪ maybe not. maybe you could trust your flight attendant won't be the chatty type. hello everyone, welcome aboard, i'm jason with a y. maybe you could trust your seatmate will be an introvert. i've been to south america, i've been to mexico, i've been to... maybe you could trust everyone will settle in for 10 hours of peace and quiet.

i'm jon scott. >> melissa: i'm melissa francis. the president is set to speak at the greenbriar resort less than an hour and a half from now amid new drama over that house committee's classified memo on the russia investigation. as the f.b.i. says it has grave concerns about its accuracy. >> jon: john roberts is live with more on this ever-changing story. john. >> good morning. the headline for the white house today is what you see in the left-hand side of the screen there. president trump headed to the greenbriar to the gop retreat for a speech that we will see live beginning at about 12:35. the president talking about his themes, state of the union and agenda for 2018. of course what is the forecast for the november elections. the mid-terms will also be a big topic there as well. what remains to be seen throughout the rest of today is what the president is going to do about the fisa memo. sources have told fox news the president is expected to declassify this memo and then tomorrow morning after the white house completes its revi

i'm jon scott. >> back in business. julie banderas. it was hours of legal wrangling the forced the second federal shutdown in three weeks. the president just signed bill. our military will be stronger than ever before. we love and need our military and gave them everything and more. first time this has happened in a long time. also means jobs, jobs, jobs. peter doocy joining us live from capitol hill. >> the bill has $300 bill in new spending was saw -- rand paul objected and objected until after the shutdown deadline to make a point. >> so we've got together, they're all holding hands and there is only one bad guy standing in the way. one guy is going to keep us here until 3:00 in the morning. i think the country is worth a debate until 3:00 in the morning frankly. >> he would have stopped if mitch mcconnell allowed a vote to restore spending caps. mcconnell, kentucky's other senator, was not interested. paul's republican colleagues were not pleased with the libertarian who once famously filibustered to make a point about drone strike

i'm jon scott and want to introduce somebody else we love here, molly line. >> welcome to "happeningow." the vice president's remarks followed nra chief wayne lopaire saying it was business as usual for folks blaming the nra. >> as usual, the opportunists wasted not one second to exploit tragedy for political gain. >> chief white house correspondent john roberts is live from the north lawn with the latest. >> good morning. the president in about five minutes' time the pool is gathering right now will be hosting his second listening event on school shootings and other mass shootings. this one unlike yesterday's session will not be carried live. this will be what's called a tape play back. the president meeting with a number of state and local officials including the attorney general of florida, pam bondi, who is a familiar figure here around the white house. curtis hill, the indiana attorney general as well as christine, the mayor of parkland, florida, behavioral health specialists and other law enforcement. the president will be hearing suggestions on how to deal with these issues fr

i'm jon scott. >> molly: i'm molly line. new regulations expected to be one topic the president will talk about later with victims of the florida shooting as well as those affected by sandy hook and columbine shootings. >> president trump: i will be holding a number of discussions with students, local leaders, and law enforcement to develop concrete steps that we can take to secure our schools, safeguard our students and protect our communities. school safety is a top priority for my administration. >> jon: chief white house correspondent john roberts joins you now with more. >> good afternoon. today is one of two listening sessions the president will hold today and tomorrow. the first one 4:15 he will huddle with students, teachers, parents who have had some sort of connection to gun violence. among the people in attendance this afternoon we're told some 15 to 20 students from marjory stoneman douglas high school in parkland, florida. the scene of last week's shooting. sandy hook promise, parents of children killed in the s

i'm jon scott. >> happy monday. i'm melissa francis. the president's 2019 budget includes 1 1/2 trillion to fix the nation's crumbling infrastructure. it is now time to start investing in our own country according to the president. he is meeting with state and local officials who will play an important role in his plan. >> this is a delivery on the president's promise to reinvest in america's infrastructure. the $200 billion if federal dollars won't be granted until state and local governments come forward with private investments to match it. >> good morning. the president meeting with state and local officials at this hour to lay out his infrastructure plan tweeting this morning saying it will be a big week for infrastructure after so stupidly spending $7 trillion in the middle east. it is time to start investing in our country. let's put some meat on the bones. 1.5 trillion in total. the federal section of that will only be $200 billion for seed money and loans. the white house saying one federal dollar in some programs generates $40

good morning, i'm jon scott. >> i'm julie banderas. the president with a big decision to make. the house panel voted unanimously to release the democratic memo. president trump meantime saying that memo vindicated him and now he has just five days to decide whether to allow the public to read the democrats' version. >> i think when you look at the first memo that was released and declassified it clearly showed there was serious concerns that were raised from these higher levels of the department of justice, particularly f.b.i. showing political bias on using a dossier, a campaign opposition research memo that they used in order to give these fisa warrant. it's alarming. >> john roberts joins us live from the white house. we're waiting. >> good morning. we don't know how long we'll have to wait. it will be a matter of some days. the democratic memo is here at the white house. 10 pages long versus four pages for the republican fisa memo released on friday. the white house counsel's office and national security counsel reviewing it to see if it's possible released. sarah huckabee

i'm jon scott. >> i'm melissa francis. the gun control debate is again pitting lawmakers against each other. some skeptical of their ability to prevent tragedies like the one in florida nearly two weeks ago. but the president is pushing for new restrictions including raising the age to buy an assault-style weapon, arming teachers and bolstering background checks and the white house is reiterating president trump's call for action especially on mental health. >> when the president is talking about reforms that we need to see, his focus is not on banning this type of weapon or that type of weapon, this or that firearm but on ensuring that dangerous individuals who pose a threat to public safety like mr. cruz in this situation are not given access to any firearms. it is the right approach that is targeted toward individuals who are troubled rather than removing the constitutional rights of all americans. >> doug mcelway is joining us live from the white house where president trump is meeting with the nation's governors. >> th

i'm in for jon scott. >> trey gowdy is saying his committee is investigating in light of domestic abuse allegations as the white house stands behind chief of staff john kelly amid calls for his resignation. in a situation complicated by the f.b.i. director's testimony that the background check on porter was completed last july. which contradicts white house statements that the porter investigation was, quote, ongoing. >> a lot to go over this morning. john roberts is live at the white house with the very latest. good morning, john. >> good morning. the white house still responding a week later to this story about what was known by whom and when about rob porter and why the timeline keeps shifting. no decision has been made yet suggestions were being kicked around last night that perhaps it would be a good idea to have john kelly and the white house counsel don mcgahn come out and brief the press. there is a possibility. 1:00 this afternoon when we have that briefing the kelly and mcgahn could come out. this has all been kicked up a notch with the announcement that trey gowdy has opened

i'm jon scott. >> i'm mollyline. new pressure to stop the carnage as students attend the funeral of another classmate today before they board buses to march on the state capital in tallahassee and vowing to push congress on this issue, too. >> we have to take a holistic approach to this gun violence issue and guns aren't the only problem. we do have to invest more in mental health. we have to strengthen the background check system so those who do have mental health disorders are accurately reported to the nix system and can't gain access to these types of weapons. i hope republican leadership and the president get behind some simple solutions that can help make all americans safer. >> john roberts is live with this story. >> good morning to you. the president on friday night saw first responders in broward county when he went to florida for the weekend. now that the president is back in washington after the long weekend he will be focused on the school shootings and got a couple of listening sessions that are in the

good morning to you i'm jon scott. >> i'm melissa francis. president trump has until friday to block the release of the democrats' counter memo. written by adam schiff. it is said to be lengthier and not as clean as the gop one. the white house says the 10-page document will undergo the exact same legal and national security review process as the gop memo and schiff believes the president would be hard pressed to stop it from going forward. >> jon: john roberts live with more on this. >> good morning. the white house would be hard pressed to stop the memo from going forward. they're talking about the idea the ranking member of the intelligence committee adam schiff is laying a trap for the white house with this memo. we reported this all day yesterday. now the white house and other republicans are talking about the idea that in this memo there is a significant amount of information that goes to sources and methods that would either have to be redacted or perhaps lead to objections from the white house about its declassification. listen to wha

i'm jon scott. >> sandra: i'm melissa francis. the bipartisan budget agreement adds billions of dollars to military and domestic programs over the next two years and it is that extra spending that worries some deficit-minded republicans. meanwhile the sticking point for some democrats centers around the so-called dreamers and the fact that immigration isn't part of the senate measure but so far president trump is backing the deal. >> chief white house correspondent john roberts live with more. >> good morning to you. the white house so far pleased with what it is seeing in the senate. at least among senate leadership. it says it has to see the whole deal. then there is the question of what happens in the house because not only do you have nancy pelosi standing up for hours upon hours saying a daca deal needs to be attached to any deal on the budget caps but you also have the house freedom caucus coming out and saying you want to spend how much? however, one person who was pleased to see the pentagon budget increased by $300 billio

i'm jon scott along with melissa francis. we've been listening to the bet -- for the better part of an hour now of this hearing and some interesting and sometimes scary stuff coming out. >> a lot. probably there was a back and forth from director wray about rob porter where director wray said the f.b.i. submitted a partial report in march and received a request to follow up and submitted in november. earlier this month they received additional finish owe and passed along. probably one of the bigger news items out of there. >> "outnumbered" starts right now. >> you've been watching a critical hearing on capitol hill. top intelligence officials including f.b.i. director christopher wray fielding tough questions on a variety of national security topics including alleged agency bias, house fisa members. this is "outnumbered". republican strategist lisa boothe is here. former deputy spokesperson for the state department and fox news analyst marie har *f. joining us on the couch press secretary ari fleischer is here and happy to ha

i'm jon scott. >> melissa: did you watch the game? did. >> melissa: it was awesome. >> jon: great super bowl. >> melissa: back to serious stuff. the president set to leave the white house later this hour for a speech in cincinnati followed by the continuing fallout over the fisa memo. the president now says it is totally vindicated and intelligence chairman devin nunes says despite the criticism, republicans did the right thing. >> a footnote saying that something might be poli

i'm jon scott. >> happy monday. i'm melissa francis. 2019 budget includes 1 1/2 trillion to fix the nation's crumbling infrastructure. it is now time to start investing in our own country according to the president. he is meeting with state and local officials who will play an important role in his plan. >> this is a delivery on the president's promise

i'm jon scott. >> i'm mollyline.ssure to stop the carnage as students attend the funeral of another classmate today before they board buses to march on the state capital in tallahassee and vowing to push congress on this issue, too. >> we have

i'm jon scott. >> molly: i'm molly line.ns expected to be one topic the president will talk about later with victims of the florida shooting as well as those affected by sandy hook and columbine shootings. >> president trump: i will be holding a number of discussions with students, local leaders, and law enforcement to develop concrete

i'm jon scott. >> i'm melissa francis.un control debate is again pitting lawmakers against each other. some skeptical of their ability to prevent tragedies like the one in florida nearly two weeks ago. but the president is pushing for new restrictions including raising the age to buy an assault-style weapon, arming teachers and bolstering background checks and the white house is reiterating president trump's call for action especially on mental health.

i'm in for jon scott. >> trey gowdy is saying his committee is investigating in light of domestic abuseions as the white house stands behind chief of staff john kelly amid calls for his resignation. in a situation complicated by the f.b.i. director's testimony that the background check on porter was completed last july. which contradicts white ho

i'm jon scott. >> melissa: i'm melissa francis.he president is set to speak at the greenbriar resort less than an hour and a half from now amid new drama over that house committee's classified memo on the russia investigation. as the f.b.i. says it has grave concerns about its accuracy. >> jon: john roberts is live with more on this ever-changing story. john.

jon, we'll see new 10 minutes. >> see you then, scott >>> let's go to rick santelli. , jon you know, it's been quiltte a we and a half in response to how the markets reacted. and these types of corrections which we've have had so few of over the last 14 months really are a bit shocking because we haven't had any. and there's many investors that don't pay as close attention as some of the insiders and they were shocked. the blame game is going all around the best way to look at this is there was a confluence of major areas that all contributed to. this but in the end, i look at it as a tinder box ora dry forest you don't need to set all the trees on fire, just one or two and it spreads like wildfire so whether it's risk parody or portfolio management, whether it's etps, whether it's the fact that many like in the previous crisis were focusing on very specific areas to do pricing for a variety of positions that amounted to so much, there's no way to tell. but in the end, in the end, on balance, there's little doubt as to what's going on here. central bank balance sheets.

jon and jo ann hagler. with additional support from ura debonis and scott nathan, and chris and lisa kaneb. by media access group at wgbh access.wgbh.org >> for more on this and other programs, visit our website at pbs.org/frontline. ♪ frontline's "the gang crackdown" is available on dvd. -p order, visit shoppbs.org or call 1-800-pl. "frontline" is also available for download on itunes. ♪ ♪ you're watching pbs. vo: this[music]... vo: it's a season for royalty. victoria: you have completely undermined me. the one man i thought i could trust. vo: reions... woman: it's been a lifetime, hasn't it? man 1: i think they've made me who i am. s. vo: and revelation man 2: ohh, look at that! they are going to take us places that a camera man like me simply cannot go. victoria: [laughter]vo : from the palace to the pacific it's a winter fullf wonders. only on pbs. >> ...where music and film come together at the jersey shore to raise money to keep music inch asbury sools.or student trantation inc.f is a proud sponsor "front and center," focusing on safety, secuty, and environmentally friendly fuels. stu

scott decision. >> audience: oooh! >> jon: whoa, whoa, whoa! >> stephen: hey, maybe he lost.ow. ( laughter ) and last night, moore made his final push at a rally featuring a speech by his wife, kayla. and she emphasized that her husband is a friend to all, no matter what the mainstream media says. >> fake news would tell you that we don't care for jews. and i tell you all this because i've seen it all, so i just want to set the record straight while they're here. ( cheers and applause ) one of our attorneys is a jew. ( laughter ) >> jon: wow! >> stephen: wow. "we're not homophobic because my hairdresser is a gay. i mean, really, really gay. i mean-- ( applause ) he rides a bike and everything." ( laughter ) mrs. moore continued her torah portion. >> we've had very close friends that are jewish and rabbis, and we also fellowship with them. >> stephen: "oh, we fellowship all the time. i mean, jewish girls know, roy will show up at your bat mitzvah." ( laughter ) >> jon: oh, whoa! >> stephen: but the highlight of the night was one of moore's old war buddies who vouched for moore

scott. >>> let's head back to barcelona. jon fortt joins us live from mobile world congress. jon?reporter: thinking about the big themes that emerged out of barcelona this week. 5g is the big deal thinking about the fcc chairman that talked to the crowd who told them what they wanted to hear, which is that the u.s. is serious about pushing spectrum, getting it ready for deployment, pushing 5g quickly as possible take a listen. >> firmly believe if we push enough spectrum into the marketplace, allow innovators and entrepreneurs to use it, commerce will benefit with better, faster, cheaper wireless experience in the 5g sector. >> reporter: another angle, what it means for operators you want to insult a character, call them a dumb pipe. 5g holds potential to keep them out of that category, perhaps give them certain advantages in the next era i talked to dominique delpor about that take a listen. >> it is hard to imagine the consequences of 5g, not one increment, it is exponential venture. imagine a two hour long movie takes six minutes on 4g. takes 3.6 seconds on 5g. >> reporter: and

jon >> sounds great. looking forward it to. thanks, scott.ear more about the kissing cousins liquidity and volatility let's get to rick santelli >> back in '87, i guess my biggest memories are very appropriate today. now granted you didn't have some of the fancier contracts but in the end, the first recognizable issue, the first thing you notice is the fragility of the bid offer spread you saw it yesterday after we really started to escalate down in the down side of the dow jones industrial average, saw that instead of having 10, 15 point bid offer spreads which is in itself a little bit wide, all of a sudden it starts moving in 50 then 100 and 150 point increments very normal. that is the cousin, as i said, of liquidity what normally happens -- excuse me, volatility what normally happens when the volatility picks up, traders, of course, aren't going to deal they want to deal in the emotional side so i guess the great analogy would be in people on cnbc said it yesterday, you never want to sell in an motional time you're going to be one of tho

jon: and in florida, the governor has announced a range of measures toighten security. governor scott: the goal of this plan of action is to make massive changes and protect schools. provide significantly morer resources ntal health. hed to do everything we can to keep guns out ofands of those dealing with mental problems or threatening harm to themselves or others. jon:he president has just to a news conference that we are well on the way to solving the horrible problem of gun violence. so far there have only been sketchy proposals and no class of weapon is being banned. lln the way? that might be wishful thinking. jon sopel, bbc news, washington. in other news now, a vehicle has rammed into the curity barrier at the white house but did not breach it. the building was on lockdown and president trump was on the prises at the time. official site the female driver is a known individual,ntnd the incideppeared to be a willful act but may have been linked to mental health issues. nigeria's president says the suspected kidnapping of schoolgirls by boko haram militants is a national disaster

doing after last week's carnage into space "halftime report" starts, jon, noon eastern we'll see new 15 minutes >> all right, scottk you >>> breaking news on the budget. let's get to our reporter in d.c. >> the white house just releasing the budget proposal for the next decade. the administration says it includes $3 trillion in deficit reduction and that includes $1.7 tr trillion in mandatory spending cuts congress agreed to increase spending by $320 billion over the next two years after 2019 the white house says they'll propose reducing discretionary spending by 2% a year after that that's how they get some of the big deficit reductions but unlike previous years, guys, the white house says this budget will not balance at the end of the decade the deficit is still expected to be $363 billion. that's environment quif lent eq. they made balancing the budget a chief priority back to you. >> you just mentioned 2% cut in discretionary spending in the coming years any more talk about the possibility of welfare reform? >> that's what would come from the mandatory spending side. the administration says they are expecting

i think that, you know, jon and i were talking b i think that jeb bush and scott walker and ted cruz would have been happy to have a debate on, you know, the tenth amendment and the constitution and what our immigration system should look like and did at times. but what the voters, what was happening within the kind of republican base electorate and in addition to that sort of these kind of disaffected trump voters who came into the process, was really a thirst for blood. i think that, i made a joke that what really proves your conservativism right now is how far you're willing to go to own the lips. that's what people want. who can be the toughest and the most biting and the most visceral in making fun of the democrats. donald trump wasn't in any meaningful sense the most conservative candidate in the race, but he projected being the most conservative because he was the meanest to the democrats, and he was the toughest, and he was willing to go there, you know? and willing to take on, you know, i think it's the talk radio, the rush limbaugh, unwilling to fight the establishment. and

and remmi remmington filing for chapter 11 bankruptcy scott has been following that company's challenges and he's at the hear ng kansas city. >> jon is an appeals court hearing about the tentative class action settlement involving remington guns it could happen anytime. these are tough times for the gun industry in general, but specifically for remington also because of as many as seven and a half million firearms that allegedly can can fire without the trigger being pulled >> no fire >> okay, it didn't fire. d go ahead. >> that's our 2010 cnbc adoptry remington under fire, which is still available at cnbc.com in which we investigated that alleged defect, which they deny, but in 2014, to try and get this matter behind it, the company agreed to replace the triggers on millions of guns and that's what this hearing at the eighth circuit court of appeals was about. because some say the settlement doesn't go far enough. that remington down played the risk and it hasn't done enough to notify people that they can get their guns fixed the judges heard that. expressed skepticism and whether gun owners would return. the plaintiff's attorney

scott wren will be here, as well as anastasia amoroso. live from new york, this is bloomberg. ♪ jon, 30 minutes until the start of trading, this is the countdown to the open. coming up, chairman powell's positivity opening the doors to a conversation about four hikes in 2017. eurozone inflation starts heading in the wrong direction. it dropped for a third straight month. says ary mnuchin in tpp --- resurge some stability after yesterday's drop. yields climbing to 2.8%. the euro weaker once again. we are down by .1%. the global markets moved lower after we saw a pickup after jay powell's testimony to congress. >>