tv Lou Dobbs Tonight FOX Business February 27, 2017 7:00pm-8:01pm EST
we'll rush, and support this. charles: thank you very much, thank you at home for watching us every night, 6 p.m., we try to do everything for you, make you money, keep you enthusiastickic and keep you upbeat. the man who does it all the time. lou dobbs. lou: a pivotal week for trump presidency, president today previewing details his first budget plan including a $54 billion in defense spending, domestic programs slashed by the same amount, helping to fulfill the president's campaign promise to rebuild our military. >> we're doing more with less, and make the government lean, and account abl beable to the people. lou: president trump today meeting with ceos of nation's top he'll insurers -- health insurers, moving forward to repealing and replacing obamacare. >> it will be fantastic. we will talk about it tomorrow
night. lou: republicans have yet to agree on a single policy prey prossal to repeal and replace obamacare. stock market roaring under president trump. stocks today up again, closing at a record high. 12 straight sessions, that has note happens since 1987, record, 13 straight, record high close investors now eagerly awaiting thpresident's firsaddress to joint session of congress tomorrow, we'll take that up with the dean of republican strategists, ed rollins, washington examiner's byron york, and chairman of the american conservative union, matt schlapp . lou: we're coming to you live from our nation's capitol, ahead of president trump's address to a joint session of congress tomorrow evening,
president today preparing for his speech by meeting with governors, health insurers and republican congressional leader, president working to fulfill his campaign promise to boost our military. laying out a budget proposal. fox news chief white house correspondent john roberts with our report. reporter: events after event on campaign trail, then candidate donald trump pledged to rebuilt the u.s. military into a fighting machine that no nation would dare challenge. today the president put the taxpayer's money where his mouse is. unveiling -- his mouth is. president pledging $54 billion for the pentagon next we're. >> it will include a historic increase in defense spending to rebuild the depleted military of the united states of america at a time we most need it. reporter: his address to joint
session of congress president trump will outline his plans to rebuild the military. increase border security, and reaffirm his yet to be announced plans to take care of america's veterans, and highlight economic opportunities, based on regulatory reform, education, job training and to repeal and replace obamacare, and reform the tax code. >> tax cut will be major, it will be simple. and the whole tax plan is wonderful, but i can't do it until we do health care, because, we have to know what the healthare is going to cost, and statutorily that is the way it is. reporter: as president prepares his speech and budget, the white house on defense today after it was revealed that officials enlisted chairman of congressional intelligence commit expetcome commity and cia director to refute reports of contact between staffers and russian in issues.
>> i was clear with all of you about what i thought about that "new york times" story, this is way in advance of white house sending me one phone number, and i still down understand about what would be the problem of a white house sending me a number of a press person to call, is it not the purpose of the press to be transparent. reporter: they argue this is why anment i independent investigator must be hired to look into the issue. >> white house speaking help friend tell -- from intelligence leadership to knock down stories it does not like is inappropiate. reporter: democrats insisting on an independent investigation got support from one republican. >> iprepublican. >> i want this dodge t administration to be different from last one that did not want investigations of anything. >> stop shorts of asking for
an outside investigator. >> i've never been a lawyer. you know i'm not sure the right avenue to take, i am sure that the question needs to be answered. reporter: white house continues to go after leaks that have been plaguing president. last week stress secretary spicer called together participants of a meeting where information aked t check smartphones for apps that could hide communication for journalist, and reminding staffers that such apps run afoul of the presidential record check. and he was looking for a couple of phone numbers associated with journalists. officials will not say whether he identified a leaker. lou: john thank you very much from the white house. >> joining us, to discuss the president's military spending plan, ahead of his first address to a joint session of congress and a lot of other issues, chairman of american conservative union, matt schlapp, and gail trodder, lea start with this issue of an
independent prosecutor, the story that just continues to get cycled by the so-called fake news machine. what do you think? >> the democrats are doing whatever they can to derail the trump train. trump did not pivot from his campaign promises. the sad thing that seeing republicans that for with it. lou: spicer. sean spicer, white house press secretary today made it clear, this is the same story rehashed and rehashed without new evidence for 6 months, and yet, you know we have congressman adam schiff up there crying crocodile tears about need for truth for first time in his congressional experience in the minds of many. what do you make? >> so this is how democrats play the game, we have all of scandals around hillary clinton and the clinton foundation, right? no special council is ever picked. the office of ethics, they never had an investigation,
they never asked a question. at the same time we have one political at department of the justice, jeff sessions, next 3 most senior people are sitting in senate to be confirmed. they want to start with a special council, whatnot start staffing up doj, let them to their work then woy about other things late snee later. lou: senator rand paul today making it clear he thought this hi terria. hysteria was nonsense and must stop. we know it will not. but it was -- -- >> if you think about it democrats are going john bunch society, when were they interested in russian interference previous lee previously, now a replay of history, this does not reflect well on the democrats. if they care about transparency or any of the other issues they would have
raised a huge stink during -- -- >> do you know what drives president trump crazy, out of nowhere democrats are mad at him because he is trying too be responsible and calm and peace fill as the full -- peaceful as they would say with an importance world leader and they are mad at him, they want him to make war. lou: they will be mad at him no matter what, which is clear. the lame string left wing media declared itself now. it now transparent. there is no more talk about a bias. there is talk about propaganda, and a wholesale attack on had dan administration in all forms weather, academia or business or politics, this is a full on assault by the establishment and the left, and who whoever alliances with them. >> they are out of the objectively closet, this is clear what happened, they have
pitted themselves with ruling class, you think about white house correspondent dinner there has been such an inner play of political class in washington, d.c., and media they like their cozy influence in washington d.c. but it went against what was good for the people. lou: a lot of people, in this country who have not paid attention, they think of left wining -- wing media but not the next step corporate massers who are globalist, and establishment and mean to run this country no motor what this up start. president of united states has to say about orthodoxy and elites who have been so comfortable so long and are no longer and as a result are lashing out. >> first amendment, you know for all of us, they view the firstm amendment for media elites to tell us what we need to know, they think that first amendment means they can walk into sean spic
er's office when in they want that is not how it works there, say revolution and revolt going on in order of things in washington, d.c. that includes the dcpress. lou: we could not under line or report it in boulder letters there is a new order established in this country, and beginning with the white house, and moving outward from there in circles of power if you will. >> gayle thank you. >> matt thank you. >> condition gra congratulations on the cpac meeting, a splendid success. >> thank you, sir. lou: you can say that. thank you so much. we're coming right back with much more. stay with us. >> president trump promises relief to -- >> we're going to repeal and replace obamacare, and get
states the flexibility they need to make the end result really, really good for them. lou: we take that up and much more with the dean of republican strategists ed rollin here next. >> and search is on to find those behind damaging white house leak. white house press secretary sean spicer conducting an internal investigation, we'll talk about that and much more ahead, stay with us. my business was built with passion... but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. with it, i earn unlimited 2% cash back on all of my purchasing. and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... which adds fuel to my bottom line.
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lou: breaking news tonight, to senate, where the senate tonight, they are voting to confirm billion area investor wilbur ross to be president trump's secretary of department of commerce, ross would be president's 10th cab notcabinet secretary to be confirmed. wilbur ross one of the great americans, and a successful businessman, but also a great, great fellow. this marks slowest confirmation process since george h.w. bush was in the white house, the vote right now for wilbur ross commerce
secretary is 39 to 5, as soon as he crosses that 50 threshold we'll bring you that news of wilbur ross to becom to be -- commerce secretary. >> andal ryan zincy of montana, highly decorated former u.s. navy seal serving in seals for over twoer did aids. >> president trump, set to address a joins session of congress in washington tomorrow night, our special coverage of that speech will begin right here 6 p.m. eastern tomorrow. so please be with us. white house press secretary, sean spicer today, offered a preview of what we can expect tomorrow night. >> the theme will be renewal of american spi spirit and track about bold agenda with
congress, that includes tax and regulatory reform, provide relief, making workplace better for working parents, and speech grounded in solving real problems. lou: with that joining us, veteran of 10 president at campaigns, leading republican strategist, ed rollins, great to have you with us. >> thank you very much. lou: sean spicer laying out the rel of america. that theme sounds to me to be consnant with hearts and minds of americans. >> everything that trump has done so far. said i'm going to shift 54 billion dollars to the defense department, i promised our soldiers, i promised our military we are going to rebuild, the world is a very unsafe place. with russia on the rise and north korea testing missiles,
and china always a concern, expru middle easyou have middle east with iran and iraq. much of the manpower has been worn down. this is a very bold step, he will reshift priorities that is important. it will be a tough battle but this is important. >> a tough battle, about a 10% in terms of defense military spending. year-over-year. but many in this town particularly many in military would like to see even more money, there is nothing unusual in that, per se, but it is a military that has been ground down a as president trump has pointed out himself over the past few years. this is a military badly in need of restoration and rebuilding. >> no question about that. i don't think that anybody realistically can say that the world is a safer place than it was.
we've been in some kind of combat for 15 years it critical we refurbish the gears. a lot the -- >> ed, i promised i would bring news of wil wilbur ross's confirmation, that vote is right now 54 to 21. and wilbur ross is president trump's and the nation's, secretary of the deparent of commerce. congratulations to wilbur ross and to theresident >> a wonderful man as you know and i know. he is a friend of mine, he will be a great secretary. lou: i could not agree with you more. sorry t have interrupted you. turning to issue of presidential address tomorrow, renewal of america, this president has to move, you have suggested it, on the tax
cuts he has promised. he needs to move on repeal and replacement of obamacare. he is caughto a number of the issues legislatively, first the senate has to move through the confirmations, then he has to move and he promises he will begin that in mid march. on the repeal and replacement of obamacare and tax cuts. how soon do you think -- how soon realistically, is it, this president can start achieving legislate irvictory, fulfilling campaign promises as he must on some of them, in congress and in the senate? >> since he controls both the house and senate, his party does it should happen quick, he can get the stuff through the house quickly, then senate is more complicated with 60 votes needed. but there is no question, these are things i want, these are things they campaigned oand these are things you
encourages my, let's get it done. we need it, the economy is teetering, we need to get it moving forward, and i think that american public is demanding it. lou: quickly, do you think he will be able to get that all done? >> a big chunk of it, i think that w thing is getting it started. >> ed rollins great to have you here. >> thank you very much. lou: and our poll question tonight, vote in our poll. question is, does the biggest oscar disaster in history prove once again that the left win screwwing screws up just about everything they touch? your sense of view on that,. and follow leo twitter -- follow me on twitter. on wall street today stocks extending their record breaking streak that streak now at 12. the dow gaining 16. closing at a record high for
the 12th straight session, s&p up 2, also closing at a new all-time high, nasdaq up 17 points, volume on big board 3.4 billion shares. tomorrow, as we approach the president's speech, to the joint session, we are going to see another session, and if that breaks -- 13 he will -- we will have tied in this trump rally of the record of 13 straight record close. the market, delivering extra 3 trillion in paper gains to investors since the election of president trump, takata today, pleading guilty to a criminal change agreeing to pay for a scheme to conceal defects in airbags that resulted in in a at least 11 deaths. >> and a reminder to listen to my reports 3 times a day
coast-to-coast on the salem radio network. >> and next president trump, hitting on hollywood, with warren beatty getting political before he committed biggest screw up in oscar history. >> i think that it could be said that our goal in politics, is the same asur goal in art. and that is to get to the truth. >> what he delivered was not the truth, we'll have a full report, i know you are not surprised, a full report, here next. stay with us, we'll be right back. otels.com. four words, badda book. badda boom... let it sink in. shouldn't we say we have the lowest price? nope, badda book. badda boom. have you ever stayed with choice hotels? like at a comfort inn? yep. free waffles, can't go wrong. i like it. promote that guy. get the lowest price on our rooms, guaranteed.
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president trump the entire evening. that finished with a surprise ending. which you probably heard about, but nonetheless, it worth seeing again. john manhunt in los angeles with our report. >> i want to say thank you to president trump. remember last year, it seemed like the oscars were racist? >> jimmy kimmel got the political party started early and kept up a steady, if relatively good natured stream of trump-related jabs, tweeting president to say, hey, you up. and mocking his trump that claim that mean i meryl streep is overrated. >> join me in giving meryl streep a totally undeserved round of applause, will you, nex nice dress by the way, is that an ivanka. >> and actor bunnell, criticized the president's
bordebored boarder wall, most political statement came from iranian director of best foreign language film. , he did not travel from iran to u.s., as a protest against donald trump's immigration policy. he had a statement read on his behalf. >> my absence is out of respect for the people of my country, and those of our 6 nations whom have been disrespected, by the inhumane law that bans entry of immigrants to u.s. reporter: politics was overshadowed by best picture that was not the best. presenters warren beatty and fay dow down away, announcing winner of "la la land," chaos ensued. >> i am sorry, no. there is a mistake. moon light, you won best picture. >> "moonlight" won. >> this is not a joke.
this is not a joke, i am afraid they read the wrong thing. reporter: make one of jimmy kimmel's earlier jabs at president ironic. >> we have no tolerance for fake news. >> fake best picture winner was an embarrassment for all, not least pricewaterhouse coopers, accounting firm, hand warren beatty the wrong envelope, they apologized in a statement, and said it will investigate what went wrong. lou. lou: jonathan thank you so much. hollywood's leftist cheering there. and iranian director. some irony there, iran continues to provoke trump administration this weekend launching naval drilling at mouth of gulf, and indianing or, and iranian revolution guard admits to having terrorist cells in u.s. already situated and ready to
strike in the united states. >> i want to recommend quickly you to, a terrific book, edited by our colleague and friend, james rossen. a torch kept lit, william f buckley great lives of 20 century. great lives. educate edited by james rosen. i am sure you will enjoy it. from almost anywhere, and any place. and almost available to you. we recommend it, we're coming right back stay with us. >> president trump calling to democrats to join his efforts to make america great again. >> our hope that democrats will stop the obstructed and resist answer, we're going to work with the democrats because, we're all people that love this country, we want to
do the right thing. lou: those dems continue to defy the president at almost every turn. we take that up with house judiciary committee member congressman louie golmert who joins me here next. >> these skiers takous a heart-stops ride through slopes of wyoming, we show you stunning video of this adventure here, next.u stay with us, we'll be right back. company says they'll only pay three-quarters of what it takes to replace it. what are you supposed to do? drive three-quarters of a car? now if you had liberty mutual new car replacement™, you'd get your whole car back. i guess they don't want you driving around on three wheels. smart. with liberty mutual new car replacement™, we'll replace the full value of your car. liberty stands with you™. liberty mutual insurance. just like the people every business is different. but every one of those businesses will need legal help
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lou: the justice department headed by attorney general jeff sessions dropping its objection to texas's voter identification law. the d.o.j. under president trump argued for six years the texas law requiring voters to show identification was discriminatory. civil rights groups still fighting in court. the justice department is expected to lay out its position under the first time with this president. congressman loui lou louie gohm. >> who would have ever thought that a justice department would think it was a good idea to make sure people who voted were who
she said they were. what an incredible idea. lou: the american people have to scratch their heads when they watch this town and the democratic party insist identification is discriminatory when identification is required all over the country. >> to get into the democratic convention you have to have a photo i.d. it's just ridiculous. and states -- now we have track records. we have states that have been doing this, requiring photo i.d., and they had more minority turnout, not less. when you look back at this justice department under loretta lynch and eric holder, they were saying that you can't even get
rid of the dead people off of your voter rolls. lou: president trump called for an investigation to make sure we have electoral integrity in this country, and they said no, there is no sign of voter fraud. that's why you investigate. >> i had a flashback back in the 90s david brinkley and tom brokaw said tell the story john on toiled. he said back in the 60s. before watergate the press were good friends. johnson had his biewpts on one of our desks in the press room scratching his stomach and drinking a beer. he said i remember when we ran
for congress and we were in the cemetery looking for people to vote for the next day. and my manager said let's go to the next one. and he said, no, this dead man has as much right to vote as anybody else. lou: this president, you look to me hike a man who is enjoying washington more than i have ever seen you. this made a difference in your life. >> enjoying 2005 until i saw we weren't going to keep our promises. but i have been enjoying this year far more than i thought. what about the leadership? >> that's the thing. i keep hearing people downplaying what we are going to
be able to accomplish. this should be a no-brainer and we are just the people with no brains to prove it. we ought to be able to keep promises. lou: you believe the house leadership under speak per religion is going to work as faithfully and hard as possible to fulfill this president's agenda? >> i don't see that yet but we'll get there if we have t drag on kicking. this stuff about having employers pay a cadillac tax, we have to clean this up. lou: watch as this group of skiers ride through slopes in colorado. they deploy their parachutes and
have a ride through the sky. up next, president trump slamming the "new york times" -- excuse me, the failing "new york times" saying their intent is so evil and so bad and that they write lies. we take up the war on the national left-wing media that has been waring on him for almost two years. the washington examiner's byron york joins us next. call us or your advisor. t. rowe price. invest with confidence. i'start at the new carfax.comar. show me minivans with no reported accidents. boom. love it. [struggles] show me the carfax. start your used car search at the all-new carfax.com.
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lou: congress ba isession tonight after a week-long recess. many republicans were met by a hostile reception of leftist agitators and activists. president trump said the so-called angry crowd were planned by left-wing activists. leaked audio of an anti-trump group plotting to disrupt the town hall by senator bill casey. >> if you are looking for b-roll
meaning ahhh people waving signs, quotes, we really think it's terrible and they are moving on the next story. >> some people try to get into the front row, but we want to spread throughout the audience. some people tough luck for them. if he doesn't hear one sympathetic question, great. lou: it's all fair, it's fair in war and politic but this is starting to look uglier and uglier with he ounce of evidence we see that the left is doing. >> yes, and maybe that's not the whole story.
there is this kind of stuff going on, but imagine a republican lawmaker going to his home district with a plan to replace obamacare, something to talk about with an action plan on a up in of things, i think it would be a different dynamic. of course, the left is going to oppose he single thing they do. lou: you are saying the continued promises of congress maine not delivering on their promises are being met with objections from their legitimate constituent? >> you and i were discussing in the break that the 7th anniversary of the signing of obamacare and republicans still have never agreed on a single plan to replace it. lou: congressman gohmert raising the fact that there is considerable scepticism within the house, that the leadership
of the house is authentically working to advance president trump's agenda. what do you think of that? >> i think there are some real differences between the president and congress on a number of issues. do they have the say priorities on taxes? they don't have the same priority. and they don't have the same priorities on entitlements. i went to a lot of donald trump rallies where he said you paid for your social security and you are going to keep it. i think he meant the same thing about medicare, that's a different point of view than the republican leadership. trump talked a lot about waste in the military as well. he was talking about a $54 billion increase, but political think i'm not sure you can if you are any increase in military spending without talking about waste in the pentagon.
there is a lot of it. >> this president has a commitment that must be fulfilled. ryan may be suicidal. but we'll find out. i don't think the house itself is made up of immensely depressed personality like the speak per might be. this is a president who deserves to have the support of his family. we have watched this joke with the leadership in the house for years. and it doesn't go anywhere very pleasant. >> this is a unique situation, probably worse than anything earlier because we had this weird dance that the speaker of the house did with the nominee of his party. and never really endorsing and keeping his distance. we have never seen that before. lou: ways your sense of it. the confirmations are getting
through, we can expect to see wilbur ross getting through. and ryan zinke move through for you the interior for confirmation presumably in the next sathe -- next day or so. >> this is a bare minimum. i did an interview with attorney general sessions today. i said you were the first senate confirmed trump appointee in the justice department and usual the only one so far, right? and he is the only one it's a big problem in a lot of the departments. lou: people talking about an independent prosecutor. right now the justice department, they are all obama holdovers under attorney general jeff sessions. it would be the same thing as having an obama justice department investigation.
they will resist that. up next, president obama meeting with mcconnell and ryan before his big address. >> we have a bold agenda ahead of us and we are excited to have the president come tomorrow. lou: chris col thrin d chris cos next. made from pure, 100% organic cotton. we made it our mission to perfect every detail. until finally, the softest, most comfortable sheets you'll ever sleep on. try them for 30 nights and get $50 off your first set at bollandbranch.com, promo code: tv.
lou: in our online poll last week we asked you, do you agree with the * that the national left-wing media is the enemy of the american people. only 91% of you said you agree. joining us the first member of congress to support the trump candidates i. >> that was february 24. a year and four days ago i endorsed the president. lou: you helped save the nation. >> i would like to think i played a very small part. lou: we are now told there is a prospect of disruption by the democrats and the joint session tomorrow night. of every intention on the part
of the dems. the left. to disrupt the president's address. >> the disrespect is uncocionable that they are doing this. i have got texpect we'll be ready for this. there are things you don't do. this is the office of the president, it deserves respect. they are doing such disrespectful things to this president. lou: cannot the speaker of the house and the majority leader of the senate order the agent at arms to -- the sergeant at arms to remove anyone who becomes disruptive? >> yes, there are rules in the chambers, even for house members. we are not allowed to wear buttons promoting things for or against. the sergeant-at-arms would have the authority to remove disruptive people. lou: i can't imagine anything
other than complicity on the part of the speaker of the house and the leader of the senate if they don't maintain order. >> i'm not part of that group, but i have to assume we'll respect the president in our house. if they have to pause and clear the chamber i suspect that's what they should do. lou: that being the case, i would certainly hope so. i hope mcconnell and ryan are under immense obligation to do precisely that. let's turn to the white house. the white house will present a bold plan. we are assured president trump will be laying out a plan for the renewal of the american spirit. renewing america. >> making america great again. imagine the future when our children and grandchildren live a better life than ours. imagine a future when our military is not depleted. imagine a future when we are anding up to our enemies,
securing our borders, making america great he again. that's the image we need to portray for the generations not yet born. the increased spending will be taken he says from other programs. this $54 billion would be the biggest increase in spending for the it in and defense. since 2010 certainly. >> military has been depleted or even the readiness. lou: it's only an installment on what has to be done. this country we are depleted in so many ways, whether it be manpower or equipment. we have aircraft flying that are 60 years old.
>> we are spending $2.5 trillion on entitlement program and $200 billion on our military. things are out of whack from any compare snon the past. so $54 billion of a 10% increase. when you put into the amount we spend on food stamps, $80 billion a year on food stamps. our nation security, our safety. lou: the president made it clear's about reestablishing the economy. >> in a dangerous world if we look back at the last 10-15 years. welcome to my home away from home. lou: i just came down to check on how well the swamp was doing. that's it for us tonight. we thank you for joining us.
please be with us follow for our special coverage of the president's address of the joint session address to congress. thanks for joining us tonight from washington, d.c. good night. kennedy: president trump gearing up for his first address to congress. what's he going to propose? the white house attempting to crack down on threengts media. the problem is, even the secret details of the crackdown were leaked to the media. did you watch the end of the oscars in the best picture screwup and hollywood hating on trump. grab a tuxedo. holy wrap, tomorrow night it will be a study in washington