party comeback, the real reason for eric cantor's defeat, and the most powerful man in washington, tom donahue, and talk about sky high. we haven't seen prices like this since the 90s. how to get more for your airline buck. this is ali velshi, and this is "real money." >> tell me what's on your mind by tweeting me at ali velshi or facebook.com/ali velshi. iraq turmoil is building. sunni insurgents are keeping up the fight against shiite dominated government of al maliki. today, centered around ba'qubah, 35 miles north of the capital. but recently, they have stalled the advance of isis, the militant group. and even show so, they continue to hold cities like mosul. they are trying to push back the isis push. tir ac can't be divorced from the crisis in the rest of the middle east where the u.s. and iran work at cross purposes to each other. the u.s. backs rebel groups, and it could be a civil war, iran backs syrian president, al-assad. also bat lick isis rebels in syria, as well as next door in iraq. so any corporation with iran or any hint of change in syria, backs the syrian rebels like the u.s

tom donahue. i asked if he ex-expects the obama administration to approve the pipeline after the elections. >> i think the pipeline is an unfortunate issue that ha hasn't got a damn thing to do with new york. it has audi has to do with politics. there are hundreds and hundreds of pipelines all over the place, but because of the way we made this a political football, you know, the canadians were always going to build pipelines to their east and their west, but they're building them now. america is making a very unfortunate series of decisions here notwithstanding that secretary clinton, when she was at state put out a thing that said okay, let's go. and others have done the same, i believe that it's going to slow us down on the economic side, but more than anything else it's raising questions of what do we do that are really about economics and global relationships, and what are we doing that is just domestic politics. >> how do you feel about cap and trade? this is an area that you've had remarkab

party comeback, the real reason for eric cantor's defeat, and the most powerful man in washington, tom donahue, and

party comeback, the real reason for eric cantor's defeat, and the most powerful man in washington, tom donahue, and

this republican-oriented directed organization led by tom donahue believed this. and i think they're right. the house has had a long time to act. they now have a month to act. new majority leader mccarthy has a clear choice to make. he can get to work and force a vote on immigration. it wouldn't be very hard to do because it would pass by a wide majority. i've said, and a majority of republicans would vote for it, and of course democrats would vote for it overwhelmingly. now, if something is not done by the republican dominated house of representatives during the month of july, the sole blame without any condition or suggestion of minimization would be that the republicans are the reason that we have been able to -- been unable to do immigration reform. each day they don't act, each day they are killing it, each day that the house doesn't act, we don't make progress toward closing a deficit, creating jobs, other countries become more competitive economically, we lose talent, and more families suffer. so instead of wasting time, wasting time suing the president, th

chamber of commerce, tom donahue. he is standing by with our own alix steel at the goldman sachs north american energy conference in lower manhattan. alix steel, over to you. >> thank you. the explosive news of the day, cantor's lost the primary, what is your reaction? >> i think cantor is a very serious person who was working on some challenging and controversial issues, and who was in the leadership. i think he provided a lot of help and balance and we will miss him. >> do you think it was a vote against the chamber of commerce at the end of the day? >> o, come on. we have been in 12 primaries since we started this. we have not lost one yet. we were not in that primary. the headline is sort of interesting. your headline, the headlines in the press -- "the tea party eats cantor." the tea party had nothing to do with it. they did not have any money or people there. it was an attractive professor in a very, very conservative district in virginia. everybody was surprised. >> but he was definitely the guy on the outside.

i was walking along and said to myself, that looks like tom donahue. what is he doing in new york?ime is it? quarter to 10:00. her show starts in 15 minutes. maria, thank you so much. >> thank you. >>> getting ready for fourth of july? are you getting ready for your big party with your family? don't change the channel. from the drinks to the food to even the games, a party expert at making sure your bast is the best on the block, coming up next. dsl myth #1. it can help your business save money. false. the truth is when you compare our fastest internet to the fastest dsl from the phone company, comcast business gives you more for your money. why pay more for less? call today for a low price on speeds up to 150mbps. and find out more about our two-year price guarantee. comcast business. built for business. ♪ >>> all right. before we get to the party, let's tell you some quick headlines. caught on camera. a rally car nearly takes down a group of fans. wow. the car losing control as it rounded the corner during a race in poland. thankfully, no one hurt. the fans protected by a big pil

john mccain came out and said on less lead to the immigration reform, tom donahue said there is no need to run anybody for president on a republican side. i believe the glasses more than half full. >> administration leverage. >> you should ask him. >> possibility for democrats to over nationalizes resolve. the far right. do you worry that they might. [inaudible] >> i believe the republicans should believe in it and the gramm. part of a gang of eight. he never backed down to one backed up and kept going for it. south carolina is not known as a price of state. we cannot over analyze what has taken place. here is right here. we know who he is now. the republican party has been paying too much attention to wall street and not enough attention to main street. >> they interpret this as more conservative. >> i don't think it took this situation have the republicans be afraid of their own shadow. we need more republicans who are lindsay gramm. a very conservative man. i have worked with him on a number of issues. some of the most important legislation down in history -- during my many decades y

john mccain yesterday came out and said unless we do immigration reform, what tom donahue said, needo run anybody on the republican side. i believe the glass is more than half-full. host: senate majority leader harry reid yesterday on the prospect for immigration reform in this congress after eric cantor loses and some say it was due to immigration. we want to hear from republicans and tea party members but let's show you other news -- that is the headline in many of the papers this morning. yesterday, the senate passed a veterans affairs legislation and the fbi announced it would be investigating the scandal starting in phoenix. the bill that passed yesterday in the senate would boost access to medical scare -- boost medical care. the veterans health issue continues to be debated on capitol hill -- on c-span3, live coverage this morning, chuckdefense secretary hagel was on capitol hill yesterday testifying before the house armed services committee about the release of captured andeant bowe bergdahl thisis the washington times headline -- also another headline on this -- we cover tha