i say i'm a reagan republican. trump continues the conservative populist position, but i mean, i don't see anyone else on the horizon fighting for the american people like he is. thank you, honey. thank you for being here. >> the second student from the academy is ready, please intro doings yourself. >> i love it all students. the adults get no play. it's their future. >> i'm a junior at the academy, student transition program. my question is, who is one of your contemporaries who holds opposing viewpoints from your own that you truly admire and respect and why? >> hmm. let me buy a vowel. now, i've actually addressed this before. it's a great question. i've actually reached out to her on a few occasions and suggested we do some things across the country for good mojo and feeling maybe some stuff for charity. don't you -- rachel mad maddow? why? i think you ask a really good question. why? number one, she puts on a nightly show that she writes, she believes it, she is pushing for the agenda for america that she thi

with a great big microphone which i was asking reagan questions. i asked about his political philosophy and i thought i would share with you on this. this is 1965. he courted a 1947 interview in which he said that whether quote - comes from management or labor or government or the right, left or center. whatever imposes on the freedom of the individual is tierney. and it must be opposed. that was his philosophy. which he had come to over years of study andreflection and reading . at the end of that second day, of course, we were convinced, ann and i both. he said he has got it. i mean he has really got it. and he said, come on up to the house. have some iced tea. we have been working hard. give me some cookies. we went up pacific palisades to their home. very modest home actually not a very big sprawling mansion. filled with all kinds of gimmicks for ge because he'd been working for them for all of those years. went into the kitchen with nancy to make the iced tea and cookies. put us in the library den which was very small, really. i looked over he

it is not reagan style. so if you separate the personality, and just focus on the policies with tax cuts and things like that, he would agree with donald trump. rose,let's go to nashville, tennessee. republican line. how many books have you written? guest: seven, but i am working on four more. host: go ahead, rose. caller: good morning. i have a couple of comments. first, as a tennessean, i'm embarrassed and disgusted over how senator corker has acted and attacked my presiden. -- president. the second is about the tax plan. it is unfair when we have obamacare mandates, individual mandate that you have to have health insurance and a lot of these people, a lot of people are paying high premiums and that the bulls. -- and deductibles. some may be $10,000 a year or more and the tax plan proposed either in the senate or the house takes away the medical deduction and that is totally unfair, and it is really going to hurt the middle class, the working-class, the lower class, deduction is not allowed anymore. jump:

i say i'm a reagan republican. john continues the conservative position that but i don't see anyone else on the rise to fight for the american people like he is. thank you everyone. thank you for being here. >> is the second student is ready please introduce yourself. >> the adults get no play. their feature. >> i'm a grad student in the transition program. my question is who is one of your contemporaries who hold up using -- opposing viewpoints from your own that you truly admire and respect than why? [laughter] let me by a foul. i have actually adjust this before. it's a great question. i've actually reached out to her on a few occasions and suggested we do a little-somethings across the country just for good mojo and maybe some stuff for charity. don't any of you gasp when i say this but rachel maddow on "msnbc." why do i say that? why to why say that? i think you ask a really good question. number one, she puts on a nightly show that she writes, she believes it, she is pushing the agenda for america that she th

and between me and reagan was my tape recorder. now, don't bother to get out an iphone, you guys all know what an iphone is. i had a woolen sock which is this big. it's like a piece of luggage. [laughter] it's an old reel to reel. and i had that between us. and a great big microphone which i was asking reagan questions. i asked about his political philosophy, and i thought i'd share with you on this, this was 1965. he quoted a 1947 interview in which he said that whether, quote, it comes from management or labor or government or the right, the left or the center, whatever imposes on the freedom of the individual is tyranny and must be opposed. that was his philosophy which he had come to over years of study and reflection and reading. well, at the end of that second day, of course, we were convinced, anne and i both that, as we said, he's got it. i mean, he's really got it. and he said, well, come on up to the house, have some iced tea. we were working hard, give you some cookies. so we went up to pacific palisades to their home. v

they were in my opinion ronald reagan, berry goldwater and bill buckley. as a matter of fact i wrote biographies of all three of them and so trying to sum up what do they have in common they were charismatic leaders that believe the free enterprise could bring morein prosperity to more people than any other economic system. they look to a transcendent being for guidance and inspiration. they were practicing men of faith and they use the constitution as the northstar. it wasn't just something they did on their own. if i were to ask the audience who was barry goldwater they might have an idea that he was essential to the movement as a matter of fact he sparked the revolution. he wasnd the grandson of a jewih settler who made his way to san francisco during the gold rush that didn't pan out so well and came next-dooroo to arizona, mae his way down and ended up in phoenix where he turned his operation into a leading department store in phoenix. he was a college dropout and that was it. what happened to his father died unexpectedly and hean had to go back to ru

reagan never liked that either. or average americans. because my mother waited tables until she couldn't carry the trays any longer. she couldn't carry a tray any longer at age 74 because her hand had such terrible arthritis. she was someone who didn't take a penny from the government because she didn't believe that people who had two hands and two feet and a mind should do anything but work. she taught me that there is dignity in every job, there is respect for everybody who puts in the effort to work every day. at every level of society. my father ran a car wash. he worked for a time at a pratt and whitney aircraft engine in east hartford. it was a really important manufacturing firm. still is, smaller, in connecticut. my mom didn't go to college. she was very smart, very street smart. she would have loved trump, because she had kind of a twinkle in her eye and a lot of fight. she was about five feet tall. parents were polish immigrants. man, she didn't take a lot of guff from people. i think that's where i got it from, my mother. but

with ronald reagan here at the ranch?ret service and one of my best jobs is riding with the president. >> where did you guys go? >> everywhere. >> mind if i drive? >> i want you to drive. >> you might regret that. [laughter] >> is this where the love birds hang out? >> this is the hard rock, scraped his initials and mrs. reagan's initials with the date, may 27th, '77. >> ronald and nancy very much in love. >> very much in love. one time i assigned an agent to her because i was with him and i forgot to brief him and we road back in but he got off his horse to help mrs. reagan and he literally goes, john, he's doing my job, he gets up from the agent, he pushes him out of the way and says, this is my job and she falls down into his arms and started kissing, i suppose you want to do that too? [laughter] >> incredible. >> the press gave president reagan a hard time throughout his eight years, do you see any similarities with the way the press treats donald trump? >> well, i think they are attacking president trump even more. r

the reagan/tip o'neill analogy is a little worn. and historically it sounds better as we're describing it now than it was. reagan was a warrior for conservativism. he was a warrior against the old washington way. and it didn't happen overnight that he was able to transform america. and he was ridiculed and reviled by all the elites until they really realized, whoa, this guy won in a near landslide, then he won in a landslide in 1984. and by the way, speaking to someone close to the president the other day, i said, well, what's your goal here? my goal is that this conservative populist movement continue and that the trump agenda is advanced and passed in large part, and my goal to make that come to fruition, my goal has to be a landslide for trump in 2020. like, a landslide. like, he should go everywhere in the country and sell conservative populism. i'd go to california, upstate new york, massachusetts, i'd go everywhere. go to the parts of the country where republicans and conservatives aren't popular. reagan did that. he was in th

had to look ahead post donald trump is it still a reagan party? >> i think is still a reagan party. it's interesting how the debt and trump white house as the debt doesn't matter, from the beginning of time the debt does matter and it matter very much to ronald reagan, reagan wrote the two things he regretted not to a more about was -- in the debt. and as i was been a matter of concern to the republican party. >> but he headed democratic congress. and bush also he also wanted the tax increases. clinton also thought they needed to do something about the debts. since that time with bush, obama and trump the debt has taken the sideline. >> who knows where this will be. if both parties are in favor of deficit spending who will look out for the budget and the payroll when the bottom line of the national government and the american people. >> in your very conscious about balancing the budget. >> he balanced it for years in a row. >> the 105th congress have made payments to reduce the national debt. >> advice about the debt doesn't matter until it does. one day you wake up and it does. >>

government actually got bigger during the reagan administration.platforms he campaigned on. one was ending the cold war by a clear american victory, which he achieved largely or helped to achieve. he wanted to end big government. government got big early and he wanted to restore the american pride in the nation. >> laura: mark, we are out of time. we are out of time. he would have tweeted, craig, why? that was the people's medium. people's medium. >> because he loved technology. he mastered commercial radio in the 1930s. he mastered movies in the 40's. he mastered television in the 50's and 60's. he lofd technology. he loved the ability to communicate his message. >> laura: absolutely. >> to as wide as audience as possible. reagan was alive today he would be using facebook and twitter. >> laura: maybe it wouldn't be just like trump's tweets. >> no, it wouldn't be. >> laura: it would be. he would tweet and we would all love the tweets. let's face it great to have you both on. thank you so much. i wish you were here at the library with me though. dir

truman and ronald reagan. i think you'll learn a lot from hearing about these three because i think they provide us a lot of insights into our current situation. we are going to after he speaks take questions from the audience. we'll also take questions on our twitter site from the remote location. i don't think we have it posted up here, but the twitter handle is @csispmdh, program for military and diplomatic history. please join me in welcoming walter russell mead. >>> all right. well, thank you for that introduction and the opportunity to speak today. i just want to congratulate you and csis for taking military and diplomatic history seriously. personally i think this may be one of the critical gaps in american foreign policy thinking is the failure of colleges and universities to put a high enough value on this kind of knowledge, certainly in conversations i have had with policy makers over the years, it's been very clear that their hunger for historical knowledge and background when facing serious decisio

every time across the board tax reform tax cuts kennedy, reagan, bush, every time tax reform with tax cuts put into place you have the results of the booming economy which does lift all boats. more job creation and in that wave stagnation that has been such a serious problem will ultimately move. steve: monica l. thank you for that i hope that happens because i completely agree and i hope to see you soon. coming up next my exclusive interview with congresscongress man who was to make of the house of representatives. next. ♪ the it democrats were the party of the workingman but that was changed in november with the populist wave from donald trump's voting into the white house but now where is their allegiance is anybody's guess. it is needed to win the critical mid term of the election i sat down with tim ryan that the democrats thing could be the front runner in 2020 he thinks the best way to represent is to fill the working congress with working americans. >> one of the big reasons with his populist urge with of big changes of the economy that is something you really focus:with the n

let's go to ronald reagan. i want to take one incident from reagan's career and be able to open this up to discussion and q&a. i do not want to go on forever. ronald reagan found himself in real pickle. part, because, in of jacksonian discontent with the carter presidency. there was the return of the panama canal to a 10 horned dictator. giving back to the panama canal was one thing the jacksonians saw as idiotic and crazy. for carter, it was important enough and he could get the two thirds majority in the senate, which is very difficult. he got that through. it hurt him with jacksonians. with the iranian takeover of the u.s. embassy and carter's apparent inability to do anything but hope that iran would be nice and give it back, the failure of the hostage rescue, it was a corrosive attack on carter's standing that helped pave the way for reagan's victory. reagan knew he owed his place in office to jacksonian discontent with jimmy carter and the democratic party in the late 1970's. he wants a muscular foreign-p

later, president reagan was shot, we were watching the very cheerful upbeat t.v. that said he was fine and my boss tapped me on the shoulder and said, remember that 25th amendment memo? i said, yeah. he said, it's a lot worse than hey are saying, president reagan is in trouble and you have to send memos over to try transfer responsibility to the vice president. do you know how to do that? i think i remember that. he said, good, you are in charge here. the white house and with my little fingers, i don't think my voice had changed i was quite young, i was in charge of transferring power. we didn't have to do that for that i think are still not fully public, but it was very much on the table. john in texas, republican line. caller: good morning. standing back from all this to the other side of the party find it almost hysterical or like 1984, to have professor talking about a newly elected president, when his wife, who powers did -- violate the and he tion under obama violated the law more than anybody else. this man has no talking be on t.v. about impeach wment inte

every time across the board tax reform tax cuts kennedy, reagan, bush, every time tax reform with tax cuts put into place you have the results of the booming economy which does lift all boats. more job creation and in that wave stagnation that has been such a serious problem will ultimately move. steve: monica l. thank you for that i hope that happens because i completely agree and i hope to see you soon. coming up next my exclusive interview with congresscongress man who was to make of the house of representatives. next. ♪ if you have moderate to severe plaque psoriasis,... ...isn't it time to let the real you shine through? maybe it's time for otezla (apremilast). otezla is not an injection or a cream. it's a pill that treats plaque psoriasis differently. with otezla, 75% clearer skin is achievable after just 4 months,... ...with reduced redness,... ...thickness, and scaliness of plaques. and the otezla prescribing information has... ...no requirement for routine lab monitoring. don't use if you're allergic to otezla. otezla may cause severe diarrhea, nausea, or vomiting. tell your

because reagan also was a roosevelt liberal in the '40s. the president of the screen actors guild, which was seen in the 40s, less so today, as a kind of liberal organization, leftist, maybe softly communist organization, and he was the head of it. reagan actually saved hollywood from splintering, but that's another story. he meant toward -- mentored heston into the screen actors guild. he put them on the board and, of course, he was an actor so he had access, and then when reagan retired, reagan retired because he became a producer on nbc for the ge theater, and you can't be a producer and be a union leader. just know mixing there. so he left and there was another president in between, and then heston became the president of the screen actors guild. and what he did was he worked diligently to reverse the liberal drift, or the liberal direction, of the screen actors guild. he believed the guild should be much more to the right, and in the six years that he led the screen actors guild, which was the longest continual, continuous presidency o

it is not reagan style.o if you separate the personality, and just focus on the policies with tax cuts and things like that, he would agree with donald trump. rose,let's go to nashville, tennessee. republican line. how many books have you written? guest: seven, but i am working on four more. host: go ahead, rose. caller: good morning. i have a couple of comments. first, as a tennessean, i'm embarrassed and disgusted over how senator corker has acted and attacked my presiden. -- president. the second is about the tax plan. it is unfair when we have obamacare mandates, individual mandate that you have to have health insurance and a lot of these people, a lot of people are paying high premiums and that the bulls. -- and deductibles. some may be $10,000 a year or more and the tax plan proposed either in the senate or the house takes away the medical deduction and that is totally unfair, and it is really going to hurt the middle class, the working-class, the lower class, deduction is not allowed anymore. jump: wh

it's an inclusive aspirational vision that i think was very well captured by ronald reagan talked about america being shining city on a hill. i think i come from a brand of conservatism that is reform oriented and that wants to deal with problems as they exist in the real world but very much the kind of conservatives that was defeated in the republican primaries in 2016. >> host: that is a clear part of your book obviously but with a title like this how the right lost his mind and i think conservatism is a longer word and as it sits on the red trump cap is it really a decision kind of point that is happening? a judiciary point that has been achieved, of people abandoning something or is it possible that were in the midst of the transition if you will it comes to people you want and what they've seen whether they think it is veiled or what they don't like what has happened up to this point in the gop has not delivered is a possible that, in fact, people haven't lost their minds but were in a position of transition at this stage politically? >> guest: yes, but there was also a clear break

under ronald reagan we passed a tax cut in 1981. the deficit increased under onald reagan 189%. and under george h.w. bush, the deficit increased 55% in four years. 189% in eight years. under bill clinton, the debt increased 36%. george w. bush, 87% after the 2001 and 2003 tax cuts and we were promised they were going to energize the economy and

we'll be packing this say live look now reagan nag at.latest own this busy travel day. >> it's wednesday, november 22. we have holiday forecast just ahead. in the meantime we're saying good morning to you and thank you for joining us. >> it's wednesday, november 22. >> all right. mike is talking about weather and raindrops for some of you as you head out this morning. what's the headline this morning. >> no need to panic about the raindrops. they won't last long. sunshine this afternoon. winds gusty though. temperatures will fall. full details on the thanksgiving forecast coming up. >> rain and few crashes one on inner loop little river turnpike and another one 695 by south capitol. latest on that and commute towards the airports. >> thank you both we'll check back in a few. a check of top story was breaking news. u.s. navy plane crashed overnight in the ocean off the coast of japan. >> let's get to wisdom martin live in the newsroom for more, wisdom. >> desperate search for survivors is underway. 11 crew

reagan national airport how are things going? anna-lysa: things are looking a lot better at the drop-off and pickup areas airport. about two hours ago, it took about 30 minutes to get here. it usually takes 10 minutes from our studios in rosslyn. some people are frustrated butter remaining hopeful. >> this is my first time in washington, d.c. we are representing bank over. bags packed, stomachs empty, people from all over have to pass through reagan national airport. estimates 50 million americans come a 3% increase from last year. folks are feeling the impact. aftern missed his flight driving from virginia beach. >> we had seconds to go. anna-lysa: why did you become so emotional about him missing it? >> because i wedding to pick them up. anna-lysa: they also experienced delays on the gw parkway. >> get on the metro. anna-lysa: despite later setbacks, they remain thankful. >> i'm thankful for my wonderful family. >> i thank god for everything. anna-lysa: some really good news tonight, her son who missed the flight earlier was ab

but current republican tax plan looks little like reagan's.reagan, a bipartisan congress greatly simplified the tax code cutting out scores of credits, deductions and loopholes. a sign of their success? special interests were furious about losing tax breaks. take for example this brash new york real estate developer. >> this tax act was an absolute catastrophe for the country, for the real estate industry. and i really hope that something can be done. >> the current republican plan is being pushed as a radical inch pli if i indication of the taeks co tax code, but it actually adds to its complexity. take one glaring example among many, it should have been easy to i will can the provision that favors private hedge funds. but the house plan merely makes the loophole a little less gaping. a heanother instance, there is whole new scheme that will affect 95 pfrs america's businesses. wealthy americans who own such businesses like president trump will get a big tax break except if you own the business and work for it, you get a smaller tax break. ex

that was ronald reagan's genius.was able to link economic faith to faith in america. >> no sitting president had ever visited the new york stock exchange before. it seems safe to say no recent president would have beaten mr. reagan for the honor had a vote been taken on the floor traders. they gave him round after round of cheers. >> we're going to turn the bull loose. >> the whole world, from reagan's white house on, was basically saying wall street is the engine of our economy. it represents growth. it represents opportunity. it represents the american dream. so these guys were basically saying, we're going to go do it. >> this is the big draw on wall street, the smell of money. >> this is where the action is. this is the over-the-counter trading for lehman. more than 17,000 daily transactions involving millions of shares and millions of dollars, made and lost here every day. and it's a game for young people. when you get home at the end of the week and you look back at what you've done, sitting in this desk, what

reagan, bush declares a pause to reassess whether gorbachev deserves the respect and affection that reagan has shown for him. and months go by before the united states warms up to gorbachev at the very moment when i think in retrospect gorbachev could've been greatly from the support of the united states. in the end, and i'm coming to the end, i describe gorbachev as a tragic hero, a hero because of what he attempted, tragic because of the way it didn't work out. but also tragic because why it didn't work out. i attribute that in large part to the multiple obstacles he faced, resistance from party hardliners, resistance from radical democrats who thought he was going to slow and wanted to go fast. resistance from boris yeltsin who gorbachev humiliated and then who he humiliated gorbachev intern before finishing them off, and the soviet union as well. i also think gorbachev's own fatal flaws contributed to the final outcome. those fatal flaws, interestingly enough, consisted in some of the same characteristics which i think identified the start of when you child -- when he was a child. he h

doesn't look bad as far as the line 0 minutes ago. >> the line we showed at reagan. >> reagan nationalot as long as other airports. they're more typical to what you see now. flights are moving. thankfully no weather con concerns. especially as far as flight delays. wet roads out. there bob barnard on the right side of screen cruising around the area. look for traffic. logging miles this morning. >> i hope he goes to the grossy stovrment maybe i can sent him a lift. >> you should do that. >> back in the day everybody leaves wednesday. >> if you know it has to be perfect storm. >> i wouldn't mind flying out thursday morning if i had somewhere to go. >> i've flown christmas day before. >> quick look at the for forecast. we have to keep this moving. >> as you pause. >> 52 washington. leonardtown 52. cooler temperatures today. mid 60s today. we'll be looking at daytime eyes few degrees warmer than where we are at now. cold fronts coming through an that combined with area of low pressure off the coast brip us little showers southern par mar and lower eastern shore still getting showers. that

is that the when we saw the holiday crowds here at reagan. when we sfwot here we saw a little bit of an issue with traffic. it was around 7:00 tonight and it took us about 40 minutes get from the entrance of the airport to the terminal. other than that, though, it has been very quiet. travelers we talked to have been happy to see this. some wondering if maybe more people traveled yesterday with so much hype surrounding to today. take a listen. it's been great we're expecting a lot of congestion and delays. >> it's calm. i was expected it to be chaotic. they talk about worst travel day of the we're year so nobody wants to do it. we actually got a better fare today than yesterday. >> i flew in from providence yesterday and on our way to reagan we did like two holding patterns over the eastern shore it's supposed to be an hour but it increased five minutes. >> reporter: that last man was picking up his brother tonight. he had a rough day coming in from california yesterday. so even though we're not seeing anything too crazy at reagan tonight, so

president reagan, we remember back with president reagan, how everyone ridiculed him, hinting of the star wars, hitting a bullet with a bullet. they felt it was pretty fun at that time. right now, everything that he said was going to happen is happening and happened yesterday. in 1993, we cut -- they cut out of the reagan budget and from the bush budget the missile defense budget request for fiscal year 1994. they terminated the reagan-bush strategic defense initiative program, downgraded the nationag the clinton administration, the national missile defense to a research and development program only. five years missile defense funding by 54% from $39 billion to $18 billion. in 1996, they cut funding and slowed the development of the thad program, the thad program we are so dependent upon right now to defend against an incoming missile in many parts of the world with our allies. they cut the defense authorization bill requiring accelerated development. in 1999, they delayed it at least -- by at least two years. our space-based infrared system, satellites designed to detect and attract

this say live look now reagan nag at. we'll have the latest own this busy travel day. >> it's wednesday, november 22. we have holiday forecast just ahead. in the meantime we're saying good morning to you and thank you for joining us. >> it's wednesday, november 22. >> all right. mike is talking about weather and raindrops for some of you as you head out this morning. what's the headline this morning. >> no need to panic about the raindrops. they won't last long. sunshine this afternoon. winds gusty though. temperatures will fall. full details on the thanksgiving forecast coming up. >> rain and few crashes one on inner loop little river turnpike and another one 695 by south capitol. latest on that and commute towards the airports. >> thank you both we'll check back in a few. a check of top story was breaking news. u.s. navy plane crashed overnight in the ocean off the coast of japan. >> let's get to wisdom martin live in the newsroom for more, wisdom. >> desperate search for survivors is underway. 11 crew down with plane a

reagan was a liberal in the 40s. the president of the screen actors guild and 40s less so today as a kind of liberal organization as the organization and he actually saved hollywood firm splintering but that is another story. he put them on the board and he had access. then when reagan retired because he became a producer at the theater and you can't be a producer. there was another president in between, and then he became the president of the screen actors guild and what he did this worked diligently to reverse the little draft or direction of the screen actors guild. in the six years that he led thd the screen actors guild which was the longest from the continuous presidency of the guild, he in fact did move it to the right and as an example, the screen extra skilled physician must be are all actors. heston was against it and said if we bring you in coming you will dilute our ability to get work for our actors. that was very controversial because the union president talking out the union members from the possibilit

that was a former president ronald reagan president ronald reagan arguing that tax reform hex ringback manufacturing jobs sounds very similar for arguments being made today by president trump. 40% say that lowering taxes would be a boost for their industry. two small business owners. joe, great to have you both here. there is so much to discuss. i do want to start with you. the house tax bill offers a new tax rate. is that good for you. corporations like mine. we have gone up from seven employees to 45. in any break we can get with our tax code helps us to actually survive better in certain times. i think the tax break that we are getting from the government could be a real winner for small business. you gained notoriety re- the tax break during a cnn debate. >> why would you not want the tax cuts across the board for all americans. do you believe that the wealthiest family in america should be there for up to $50 billion. do you think that makes sense. using the wealthy should not get tax breaks. what made you decide to challenge sanders on the issue at that time. i do think a tax bre

that plane was on the way to the "uss ronald reagan." it's the sixth major accident to strike the fleet this year. here's abc's senior national >> reporter: tonight that massive search in the pacific for those three sailors. at 2:45 local time, in the midst of a huge u.s./japanese exercise, the c-2 navy propeller plane ditched into the philippines sea, as it made its way towards the aircraft carrier the "uss ronald reagan." it was about 500 miles off the coast of okinawa. the navy says that within minutes, eight personnel were plucked from the sea in good condition. but a huge search involving the "reagan" and multiple air craft continues tonight. >> the fact that we had so many people survive this mishap suggests that this was a deliberate act. that it was a ditching, that it was some mechanical krob. >> reporter: this is the sixth major incident involving the 7th fleet this year. two previous collisions between navy destroyers and merchant ships caused the death of 17 sailors. the captains of those ships and the commander of the 7th fl

ben tracy, cbs news on board the "uss ronald reagan." >> a u.n. climate conference in germany today, the trump administration talked up fossil fuels including coal. that puts the u.s. at odds with 194 other nations. but some american entrepreneurs and politicians want to make sure the administration does not have the final word. mark phillips reports. despite the kids' demonstration, saving the world has been harder since the trump administration announced its pullout from the paris climate deal. there is an enthusiastic american delegation at t send it. state and city governments, and bidsness men like michael bloomberg did. >> the american government may have pulled out of the paris agreement, but the american people are committed to its goals and there is nothing washington can do to stop us. >> washington has other idea. its main pitch here is to promote coal, which much of the world sees as exactly the wrong way to reduce green house gasses that cause global warming. the leaders of this alternative delegation, like california governor jerry b

david: reagan, across the board tax cuts. that worked in the 1980s. breaking news on federal reserve board. we heard the president teasing this, federal reserve governor jerome powell apparently been notified, that he will be the president's pick. this is according to sources unnamed sources by the associated press. we're trying to confirm that here at fox business. jerome powell, federal reserve governor. we heard a lot of hints about this, has been notified by the white house, he will be picked. the announcement will be made tomorrow. he will succeed janet yellen. as the new federal governor chairman. melissa: i'm sure he is great. i was rooting for john taylor. there you go. breaking news. tesla dropping after-hours, following a miss on third quarter earnings. the stock is down almost 10%. that is tesla, down 10%. as company announcing its model 3 production is increasing, but apparently not fast enough for investors. the company also announcing, its bleeding about a billion dollars a quarter. always try to use and talk about that. we're increasing

a country anymore. >> laura: what do you think reagan would think of all of this today. >> reagan waseve like me. he was intellectually there. but he was, you know, after the one point he did ask the people talked about all the jobs -- you know about trade deals and he says what happens to the workers? when he ran into trouble with harley davidson. we said harley is going under. said why? said the japanese are sending all these big bikes and dumping them in here to kill harley davidson. put a tariff. >> laura: saved harley. >> president was sitting up on harley hog. >> laura: skinny ponytails all over the country. that's a good thing. let's talk about special counsel probe. when you have a low level guy who is a volunteer. he was on one of these foreign policy boards. i have never heard of him before. george papadopoulos, they wired him up, it turns out, and they sent him out to try to set up meetings with trump campaign folk and so forth. he pled back in early little october. he started cooperating back in july. >> right. >> laura: could this be a real problem for the trump agenda? >

that went to ronald reagan. want to play for you a clip of ronald reagan selling his 1986 tax plan back in 1985. let's play the clip and then i want your reaction. >> i'll start by answering one question on your minds. will our proposal help you? you bet it will. how will the proposal work? the present tax system has 14 different brackets of tax rates ranging from 11-50%. we would take a giant step toward an ideal system by replacing all that with a simple three bracket system. >> david: now frank that's interesting for two reasons. one, just the simplicity of his language. you go from all these brackets just down to three, but then you look, bring it up to speed to where we are today. we just had the senate announcing that they weren't going to cut the tax brackets. we're going to keep it seven tax brackets. first of all that messaging is terrible on the part of the rep senators and secondly i'm wondering if donald trump comes back from asia and delivers a simple address the way ronald reagan did would he have

they turned to donald -- to ronald reagan immediately. . they became reagan democrats. we have to watch the time. i could keep going on for hours. the first agreement was a strategic arms containment agreement. it was very controversial. i can't go through all the aspects of it, but it capped the arms. it had no reductions. there was no real restriction on bombers and the strategic missiles with intercom not as intercontinental ballistic missiles, like the north koreans have. they are not really limited in their monomers in his eight and -- modernization, to have an incredible number of new types immediately after they signed this agreement. that agreement was strongly challenged by jackson democrats and by humphrey democrats and by carter-mike miller, maybe conservatives, republicans. it did not get very far beyond the signature. the jackson amendment required that all future arms agreements have a levels for the u.s. and soviet capabilities, which was not the case, and that a robust research and the development of modernization program the promised to the joint chiefs

for reagan's communication was his on personal discipline. he learned things, made it a point to learn things and made it a point to understand the dynamics of the media and medium, and adjust how he delivered to it. here is a thought. in 1964, i think it was, the average sound bite on television was about a minute and a half. by the time you get to 1988, according to the new republic during the 1988 campaign, it was eight seconds. what is eight seconds? it is a tweet. a lot of the things we did, a lot of the things, we made a point of mastering was how to get media to quote us. that is why soundbites became so important. we had three little portals. really four or five. the evening news shows. cnn was just coming on and did not have much audience, at the end of our administration. the new york times, which was not exactly friendly. the washington post, which was looking for its next woodward and bernstein moment. not great if you were sitting in the white house. and a few others. and their quotes would be about as long. we made a point and t

. >> how does it compare with the reagan white house, a lot of people said ronald reagan also came to washington determine to sort of blow up the orthodoxies? >> he did. it was very different. he was congenial but he put together a great team led by jim. who i've always said people ask me who's the politician you think is the best politician, well number one was clinton. he was the best by a lot. >> host: not the best person but the best politician. >> guest: that's what i'm saying. the second best i have always said it was nelson laird who was nixon's secretary. he had been on the hill. he was the master of understanding like johnson who needed what. and the third one was jim baker who never held public office but just somehow or another just had these innate abilities to understand how to make things work. he understood perfectly how the press operated. and he didn't see the press as an enemy, he saw the press as something he could use . and sometimes he did, probably more than those of us in the press would like to admit. but he knew how to work the system. any new part of it was c

reagan and his overhaul of the tax code. : : we are going to make it easier to start your own business is easier to beat your own boss. the life of a small business owner today is filled with extensions, itemization and complex regulations. as a country, we spend billions of dollars and hours each year preparing for april 15. while some people benefit from this complexity, it is not hard-working, small business owners that are here today. our goal is to make the system fairer so that all american business can succeed in local communities to thrive along with them. the people in this room are why we need to fix the tax system. we need to make it easier for small businesses and middle income families succeed in america again. the only way we can do this and give a raise to american families is by reforming the entire tax code. it has been over 30 years since we last had tax reform in this country. the world has changed and since then, now, we need to change the text go to remain competitive. we want to see more native america and this requires a tax code made for americans. we are propos

ronald reagan, across-the-board cuts.e mnuchin had with maria bartiromo struck me as condescending and dismissive, not toward maria, that the rich are upset, they will come out ahead. i thought it was very dismissive. everyone else will do okay. that guaranties problems right there. that attitude, guaranties problems. >> absolutely it does. what it seems like to me. i don't think this moves needles in any direction, then that cut in the corporate tax rate. that is the only piece in the package as proposed. neil: to deirdre's point, isn't 20% or isn't delayed or voted? >> that is only thing that was clear. >> i will give you another thought, combined with tuesday's elections, now if you look like hey, might be a president who can't get things done, can't even shake things up. i start to get whole questioning, how long is this pro-business climate even going to last. neil: real quick. >> there is issue on the other side which the $1.5 trillion going to be added to the deficit over 10 years, so there is even problems within