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tv   Cavuto Coast to Coast  FOX Business  October 10, 2017 12:00pm-2:00pm EDT

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stock. stuart: up she goes. 4% gain. accounts for much of the gain for the dow industrials. walmart is a dow stock. our time is up. neil cavuto, sir, it is yours. neil: thank you very much. we've been monitoring what the president is saying in the session with henry kissinger. a pool spray is coming shortly. whatever nasty tweets he has said about the outgoes tennessee senator it will not hurt tax cuts. a lot of other people are not so sure. blake burman on how the administration is handling all of this. blake? reporter: my colleagues, everybody here is starting to scurry. we'll hear from the president next two minutes, comments inside of the oval office. here is what he can tell you, speaking to people not only involved with this administration but also on capitol hill as it relates to the comments, now very public spat back and forth between the president and bob corker. there isn't necessarily a sense
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among those involved that a twitter fight will end up derailing the massive complicated issue of tax reform. those people i speak we think that the senator will be able to kind of rise above this in essence. when push comes to shove, when there is a vote, they will eventually have bob corker on their side. keep in mind, corker sits on the senate budget committee. so he has influential say in all of this. the senate budget committee already voted on a budget blueprint. corker has given at least one thumb's up so far to the process. but now the dirty work, in essence comes as the full senate has to take that up. of course there will be debate back and forth on the whole different tax issue. bottom line, one person told me here, in washington earlier today, do we want something like this happening right now? no, they don't want this to be a public spat. do they think it will eventually derail entirety of all of this? no, not necessarily that either. we do expect to hear from the president i believe 30 seconds or not.
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i will send it back to you, neil. neil: i'm wondering too, blake, as we wait to hear from the white house, whether those in the white house are afraid the president overdid it? reporter: not necessarily overdid it. keep in mind, this is a massive undertaking and bob corker is just one component of it. there's a lot of pushback and a lot of wheeling and dealing right now. >> [inaudible] [shouting questions] >> i don't think so. i don't think so. people of this country want tax cuts. they want lower taxes. we're the highest taxed nation in the world. our companies are not leaving so much now because we have them coming back. you see what happens. you see announcements from companies building car plants
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now in michigan. they're going to various different states. they're picking some additional locations, but just last weeks five plants announced they will build in this country. i will say we're the highest tax nation in the world. people want to see massive tax cuts. i'm giving largest tax cuts in the history of this country. in addition to that there will be reform. i think it is politically, very positive. the people of the country want it. we're also bringing back $3 trillion from offshore. that is money that has been there for years that wants to come back into the country but the tax situation didn't allow it to happen and the bureaucracy. that will come back as part of the deal. $3 trillion, could be more than that people want to see tax cuts. they want to see major reductions in taxes. they want to see tax reform. that is what we're doing. we'll be adjusting a little bit over the next few weeks to make it even stronger, but, i will tell you that it has become
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very, very popular. i will also be signing something probably this week which is going a long way to take care of many of the people that have been so badly hurt on health care, and they will be able to buy. they will be able to cross state lines. and they will get great competitive health care and it will cost the united states nothing. take care of a big percentage of the people we're talking about too. so, with congress the way it is, i decided to take it upon myself. so we'll be announcing that soon as far as -- is concerned but largely worked out. very simple in one way but very intricate in another. it will be great, great health care for many, many people. a big percentage of the number of people that we were talking about for failed obamacare. now we'll have to do something with obamacare because it's failing. henry kissinger does not want to pay 116% increase in his premiums. that is what is happening.
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it is actually getting worse. it is getting worse by the minute. so we'll have to do something with obamacare and that will work out. but, very importantly, a big percentage of people will be able to get health care and they will be able to go across state lines. they will be able to buy from many, many competitors, meaning the insurance companies, and it will not cost our country anything but they will have great, great health insurance again. [shouting questions] >> no. i didn't undercut anybody. i don't believe in undercutting people. thank you very much. thank you. >> please hold the door. thank you. neil: you've been watching the president a few minutes ago meeting with henry kissinger but the question came up about whether his tit-for-tat and nasty comments between outgoing senator bob corker and himself have hurt his chances of getting tax reform through?
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at the very least risking senator corker's vote. some say that it could have spillover to other senators who like senator corker -- the president said that is the not case. appetite for tax reform is there. nevertheless has this poisoned well a little bit among vital support he needs in the senate? can't afford to lose too many votes there, there are already indications rand paul is not keen on a tax reform package that doesn't include tax cuts for everyone. the kentucky senator was concerned this doesn't do that. if you consider those two as possible nos, say nothing of john mccain, people like susan collins of maine, i could go on. even if you get a couple democratic votes would be enough to seal the deal? the president is confident that it would. how close are we there? "wall street journal" editorial page assistant editor james freeman, "national review" editor rich lowery, national independent women's forum carrie lucas. begin with you. how likely is the dust-up with senator corker disturbing that?
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>> i think at the end of the day this will blow over. tax cuts are an absolute must for republicans. they need to show they can get something done. americans want tax relief. these fights on squabbling between congress and the president, that is going, that is not what will make the determination at the end of the day. neil: this is more than just squabbling, right, james? does the president need to pick a fight with a senator leaving and a guy sticking around for 15 months? >> you could ask that about a lot of president's tweets, did he really need to put that out there, but this is kind of important and bob corker made a deal with his senate colleagues that we're going to get tax relief to get the economy moving faster. i would be really amazed if he decided because his feelings got hurt in a tweet he will say no to the economic revival program of the republican party. that seems impossible.
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neil: but you could switch it around, rich lowery, senator corker is in group of moderate senators don't want to bust the deficit. >> right. neil: say whatever you want about tax cuts, unless they make adjustments there. many say you don't for tax cuts but if you're in that camp he clearly is he could be a no vote any way, what do you say. >> i hate to say it failure is on option. could go down same way health care did. take three no votes in senate. all different concerns and reasons for voting no, could be deficits, not middle class enough as rand paul and mike lee and marco rubio are saying at the moment. neil: you didn't mention the other names too, because there could be a quite a few. this could be more problematic than the health care. >> it would be a debacle come up with a huge goose egg legislatively on health care and tax reform, with unified control of the federal government. i don't think corker will vote against it despite trump.
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i don't think he is that petty. this episode with corker decreases trust gap between the congress and the president and that can't help. neil: carrie, you're closer than i, again and again the president does this to his own team. there is thing loyalty to the team, why should they have your back when it doesn't appear you have theirs? i understand the way politics work. it is in their interest to come up with something as both these fine gentlemen point out. here this guy is leaving anyway, might not be beholden to doing this since he was and is a deficit hawk and ostensibly use ration small for rejecting it, why would the president risks tempting this and doing what he did? >> i'm not sure. there is sense of helplessness out there. people have a role, talking to friends and representatives they want tax reform. americans need tax relief. they need it as families and
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workers and companies that are too heavy tax burden. neil: what about rabid supporters, they are rabid and loyal, i hear them when i -- >> you might hear from them right now. neil: yeah. i don't like when they call me fat. that is what i thought the globalist thing was, my waist as big as it was. carrie, they will believe and support anything the president says, but i can't imagine a few of them are concerned, the thing they liked about him getting tax reform and tax cuts going that could benefit them is in jeopardy? >> absolutely. the reason why americans supported the president including his take no prisoners or no-nonsense attitude they did think this would result in real changes they wanted. the president needs to make sure that actually happens and we can make good delivering things like
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tax reform. neil: james, besides your fine paper, "washington post" page 1, talking about the president is increasingly isolated. they did the usual drill that bother as lot of folks, 18 unnamed sources, is hoping that his sheer force of will change wills in the senate? >> i think, you could say failure is technically an option but i think the leadership in the senate understands they have to get this done. why i'm a little bit more optimistic. neil: try telling that to john mccain. try telling that to bob corker. >> for mitch mcconnell, i don't think he is the problem in washington but i think he understands he has to deliver on this one -- neil: like he did on latest repeal effort, and he might have made that very same argument. >> he didn't think failure was option on that. he knew he had to get it done. the fact he is not a dictator. if john mccain wants to show up 3:00 in the morning thumbs down --
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neil: do you guys think that -- >> odds are better than even but just not a sure thing. neil: what do you think? >> i don't think it happens. they have got to do it. they need it. they will. neil: carrie, what do you think? >> i'm an optimist. i think it will happen. neil: i would like to see it happen but i don't think it is. we'll see. next year, maybe. not the way it is. of course the president is one tweet away from, who knows. [laughter]. i'm telling you. sure enough, comments -- why haven't they fired you yet? wait a minute, that is my actual boss emailing that. all right, speaking of which, you heard about dust-up over at espn but a two-week, sort of slap on the wrist? really? two weeks? doesn't sound very magical, after this. ♪
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neil: espn's jemele hill suspended for two weeks after calling for a boycott of cowboys. danielle kaplan, to you first on this, we don't know whether this suspension was paid or unpaid. we do know that a follow-up to a reprimand that didn't result of any days away from work, paid or
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unpaid or otherwise. i'm looking at this, and surprised, disney took the relatively tame approach it did. what do you say? >> she did not call for a boycott. she suggested a boycott. pointed out in twitter exchange this is one way to put pressure on the dallas cowboys. i don't know if two weeks is too much or too little. we could debate that. one thing i do want to point out, clearly espn, now the nfl, the nfl just had conference call with reporters they're clearly starting to indicate they may change the anthem policy, the president is getting their notice. there is no doubt about that, whether espn and now the nfl. neil: all right, that might be the case for now, kevin. what policy was and, there was a great, you know, concern among those who, rallied around this broadcaster, to say that you know, she, she has a right to do and say what she said.
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but, to go after jerry jones and say what he said, doesn't he have a similar right to do and say what he said? in other words, if you are my employee, you don't stand for the national anthem, you can kneel prior, i am going to bench you? >> sure. jerry jones has skin in the game, pardon the pun and jemele hill doesn't. there is hardly any other career you could have, neil, you could potentially impact your employer to the degree that hill has done at espn, probably one of the biggest advertisers or benefactors to that corporation than the nfl, and we're watching the nfl implode because of anticses of people like jemele hill. she has been do this for a while. in 2008, she made a comment about the celtics cheering for them would be like making hitler a victim. espn knew what they were getting. two weeks ago she did the
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statement about the president which still living on muscle memory people apparently hate donald trump, which i think america will find out that is very much not the case. but look, what we want is sports. we don't want this type of thing. as a corporation espn is making a mistake, guys, focus on sports. at times it is political but keep it about sports. that is what the american public is looking for. neil: i wonder if it is out of control, gentlemen, the genie out of the financial bottle as well? advertisers will get increasingly anxious not so much what this broadcaster said but to be associated at all with this, you know, political hot tub here? i'm wondering if that is the problem, that that now advertisers are going to start feeling the pressure, but not in the way jemele intended? >> absolutely. nfl had anheuser-busch into their offices last week.
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that is one of their top sponsors. as i said, the league just today indicated they may pivot on the anthem issue. the owners are gathering for the annual fall meeting next week. neil: when you say pivot on the issue, to what? to enforce this idea that players should be standing to the national anthem? >> they have not evolved to that point yet. neil: they're getting close to it. >> they will get there. >> they're getting much closer. they did a call not just with all the social justice brimstone. we want to get back to football. we have this protocol. neil: then espn would feel the heat from that, right, kevin? >> absolutely. neil: jemele hill might not long be for her job. >> what you describe has been going on with conservative force a long time. you had pressure put on hobby lobby over issues around contraception. you have had issues put on companies like chik-fil-a and others and the left are finally beginning to see that people just want business to be
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business. look, we don't care about transgender bathrooms, target. we don't care about social issues, starbucks. we want you to guys to sell us coffee, to make your product available, and we'll make our decisions based on that. let the free market do what it does. the problem with the nfl is, all this social justice warriors that has been happening, by the way erroneously based, guys who are not exactly of the paid pied pipers of the message, would be unemployed instead of making millions of dollars playing a sport. let the american public enjoy the product without being proselytized every five minutes like somebody like jemele hill? jerry jones who has owner at millions of dollars at stake, it is is right to do what he wants to do as an owner. neil: gentlemen, thank you both
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very, very much. meanwhile nfl owners are considering a rule change that would require players to stand for the national anthem. again, nothing is permanent. nothing is set in stone. that is idea being kicked around. what would kick it around. what would prompt that is the financial hit. that is the way these things sort of happen. so in that, jemele hill was right, the pinch is always felt when the dollars are on the line. the irony could be, it could cost her her job, that very issue. the financial. we'll have more after this. we give you research and data-visualization tools to help identify potential opportunities. so, you can do it this way... or get everything you need to help capture investment ideas and make smarter trading decisions with fidelity for just $4.95 per online u.s. equity trade.
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neil: president already indicated today with conference with henry kissinger, whatever dust-ups he had with outgoing senator bob corker, he does not think it will get in the way of getting tax cuts done. former cke restaurant ceo, andy puzder. i want to go into thats with
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you, to talk about other developments. do you think he is right on that or does this hurt his chances. >> he is right. bob corker is my senator. he is a very good guy. he will not stand in the way of tax reform based on dust-up with the president. look, these guys were elected to do a job. they need to do that job. they need to stop looking whether or not -- if they don't like the president, don't vote for him, raise money, encourage somebody else to run but put bills on the desk we've been promising american people for eight years. we have a president who will sign the bills. health care reform, tax reform, get the bills on his desk. that is our only job. neil: is there something to having people's back in business, everything else, whatever differences you have with someone, raise them in private or ill wil between the two or whether how long it lasts or blown up by the media, why would you risk doing that publicly humiliating someone in a very public fashion? you're quite right, most people
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will, you hope, go beyond that and see beyond that but others would wince, right? >> look, lesson with this president is, if you go after him, he will come back at you. if you're going after him, do it in private. neil: sledgehammer, with someone pokes you a toothpick. >> if you go after him, go after? private. when i was attorney representing ceo, i would never in meeting criticize a ceo, or something insulting or der interrogatory. alone you can do whatever you want. neil: many presidents have. lbj, we know jfk had "cool hand luke" demeanor as president would get pretty hot under the collar with people in private. ronald reagan famous of that, of all people, ronald reagan. there is history presidents raising their you know, angst. ronald reagan, woodshed moment with david stockman. >> it's a different president. it's a different day.
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neil: you don't think it will hurt him? >> i think a lot of time a president has to drive a legislative agenda. i think he has good people with him. i think he can drive legislative agenda, i think he will. republican senators to get bills promising for eight years on the desk of the president. neil: i always wonder whether you mentioned corker would support a tax initiative? it would have to be one that doesn't bust the deficit. he already said that this one on paper does. there might be ways to get around that. there are other conservative senators i know, andy, who say, that shouldn't be the case when you're scoring, tax cuts, but having said that, there was no guarranty he was a yes vote on this. no guarranty a john mccain or rand paul would be a yes vote. so are his options dwindling here? >> if you're a senator who believes in static scoring, which doesn't account for any economic growth, you should get out of the party. all that says is that the democrats control the agenda. if you use static scoring, if a
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tax plan is supposed to increase economic growth, how can you analyze it with static planning? you can't do static analysis. neil: also the same party bemoaning deficits, right? how do you justify signing on to something that could explode them? >> you look back at kennedy look back at reagan, look back at clinton after he cut capital-gains taxes, you can generate more tax revenue. you can reduce the deficit. neil: whatever comes up will pay for itself? >> i'm with gary cohn. this will pay for itself. neil: talking about national economic council head, gary cohn. let me ask you a little bit about other efforts the president can take on his own that doesn't require congressional approval, depend on bob corker's things like that, roll back environmental restrictions on coal and all the rest that have been helping coal stocks of late, you welcomed these type of develop isments, right? >> well, i do, i think we need to shrink the size of
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government. we need a president that respects shrinking of powers under the constitution. what the obama doing with clean air regulations look, i don't think the government had authority to do that. that issue is before the supreme court. they may not have got upheld anyway. the president is doing right thing. i don't think the president has authority to do it. we'll pull it back. we'll relook at it. do something consistent with the congressional mandate and consistent with the constitution and separation of powers. i think he is absolutely doing the right thing. neil: we're talking about the nastiness and political environment. you and i are chatting, you've been very public what you went through trying to go for labor secretary job. >> wasn't easy. neil: i'm thinking of business titans and the like could add a great deal on left and right to the political debate who just say no, not me. i saw what happened to andy. i see what the give-and-take, nasty tweets back and forth, what life is like in the washington bubble, i don't want
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any part of it. what do you say? >> look, it is really tough to do this, if i were asked to do it again i would do it again. neil: really? >> i think we owe something to the country. there isn't a country in the history of the world working class kid like me could aspire to any level of chance accomplishment. i owe a debt to the country and other kids like me, in working class or working up from poverty. i would go through it again if the president asked me to do it. it was very difficult and very tough, but if we give up, burke said all that requires evil to succeed, good men to remain silent and good men and good women. neil: you would saddle up again? >> i would do it differently. i wouldn't agree and not go on your show or any show to defend myself. that is big mistake. you can't talk about yourself, nominee before the hearing. neil: there are rules to that after the fact. >> after the fact.
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after i with drew i did it, but i should have done it before. neil: i see what you're saying. >> i should have done it and gone out. nobody can defend you as well as you defend yourself. when people are out there simply lying about you, hard to do it to your face and defend yourself. i should have gone on tv to defend myself. neil: did you feel tended to tweet nasty comments to them? >> i tweeted george, or, who is the bush ran for president. buddy of mine. why am i not thinking of this. neil: jeb bush. >> i couldn't get george out of my head. neil: a lot of bushes ran. >> jeb tweeted out and good for nomination. the campaign was upset because i wasn't supposed to tweet. neil: is that right? >> not because it was jeb. don't tweet. don't do anything. remain silent. neil: doesn't apply to the mt. . >> does not apply to the president. neil: he is going to tweet on your appearance on this show.
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andy, pleasure seeing you. meantime the president is pushing for tax reform. will choose pennsylvania to do that. the we is what he does tomorrow, how he is securing or is he securing votes in washington today? he says he is. we're on it after this.
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and start his own business. as a drink, rick martinez would bring to parties in 2006. after looking for a business idea, he started to take a chance to bottle his san sangria. >> i delivered in my car. would knock on the doors and say, taste this sangria. >> he sells more than 70,000 cases in a year. he has sales in seven states. the drink brought in $3.2 million last year. on track to make 3.6 million this year. martinez says it is still a struggle to grow his business. >> i'm keeping my head down. just pushing forward and focusing more on sales. reporter: martinez with no normal business background, would not have done it without the guidance of statewide hispanic chamber about commerce in new jersey. the chamber is made up of 3500
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members, all with hispanic roots. the chairman says the main goal to get hispanic businesses to succeed. >> a lot of hispanic-owned businesses came to the country overqualified, because they can't find employment. they venture out to become entrepreneurs. we help them build rips to connect them with resources. we do educational entrepreneurship training class class. reporter: raising capital, tax reform, health care and immigration, all issues the chamber is helping hispanic-owned businesses navigate. >> it's a struggle but we -- reporter: medina says one of the biggest obstacles hispanic business owners face is how people view them. >> the view that they are a drag on society and that is quite the opposite. they're upset about the perception, statistics show this, and that they are really contributing. reporter: martinez and sangria a
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perfect example. last year there were four million hispanic-owned businesses in the united states. the hispanic number of hispanic businesses is 15 times the average over the last decade. they're growing. neil: these have found out, the chamber of commerce helped them or would navigate ways for them, without that would they have been in tougher shape? reporter: you know, they really helped them. they have given them a platform. they have shown them the way. they made connections for them. the hispanic community is very tight 19. so you know, with -- tight-knit. if one company can help another company, they will. that is are with the chamber of commerce comes in. neil: not too shabby. thank you very much. trace z. we have the small business administrator. hector, very good to have you. when you hear these type of stories, they're really built on the economic environment of the country itself, right? so that continues to move along they will move along.
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now tax cuts are being bandied about. how important is it to this group? >> it is very important, neil, and something very close and near and dear to my heart. my father, hector barreto, sr., was founder of hispanic chamber about commerce. they also work with the national chamber and the latino coalition. as your reporter said, this is the fastest growing segment of small business in the united states. those four million companies could turn into 16 million companies in the next 10 years. so tax cuts are really important to them. most of them pay their taxes as pass-throughs as you know, subchapter s-corporations. as they lower rates, hire more people, stock up inventory and grow businesses. that is exactly what our economy needs right now. neil: you have been among those petitioning, congress and president by extension to focus on tax cuts, even if it means not reform per se or bigger or grandiose as it was a generation ago in 1986, at least do that. what kind of reaction have you
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got? >> well, very positive. we were just at the white house with the president on friday because he did his hispanic heritage month event. we're doing one with the vice president tomorrow. both of them told our group many times they know the contributions that our community is making to the economy and especially our small business f you can lower those tax rates, you keep more of your own money. there is a saying in business, neil, it is not what you make, it is what you get to keep. if you get to keep more of your hard-earned money, more small business put to it work. they don't stockpile it. they use it in businesses. it grows the economy and helps everybody. neil: are they among the group because a lot of them are saying hey, whatever the individual marginal rate is, a lot it is a top rate and when they hear the idea that the administration and those republicans to get this through will support a fourth rate, a rate above 35%, how do they feel about that? >> well it's a moving target as you know. i think they're negotiating. we heard they were going to
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lower tax rates down to 15%. now we say maybe settle on small business tax cut, maybe around 25%. that will have to be negotiated. neil: right. >> but anything lower than the top marginal rate is going to be help. they are looking forward to that they're optimistic. i don't think it is an accident that the economy is growing at 3%. we need the economy to continue growing at 3%. we think this will unleash a lot of pent-up demand of those small businesses who weren't investing as much over the last eight years. neil: do you think the president has gotten distracted? some of his critics say the back and forth with senator bob corker, and it has gotten fairly nasty, is risking not only support but attention from the tax cuts, and that the president doesn't need to be doing that, that he is compounding his problems doing this, what do you think? >> one thing we learned about the president and administration they can multitask. they can do more than one thing at the same time. neil: do you think that is a
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good thing to be doing? >> you will need every vote you can get in the senate. the margins are very, very tight. they will have to get votes from the other side. i don't think you can afford to lose any vote. i would like to see more enrolling people to the inn of this solution. i don't want to see people dropping off that would be likely supporters for this legislation. neil: you think comments made by bob corker by the president could hurt that support? >> i don't think any conversation going back and forth not focused on the end goal which are lowering tax rates for everybody and growing the economy is a good thing, a positive thing. most small businesses are not focused in what is happening here in washington, d.c. they are focused what is happening on main street. they need to see something happen before the end of this year. neil: all right. hector barreto, former u.s. small business administrator, big advocate for better hispanic business performance in the country. support the businesses of all shapes and sizes, particularly small.
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they don't stay small. a lot of businesses boom after year of their founding. market is many pooing right now. dow, nasdaq, s&p 500 in and out of all-time highs. they seem to be betting that tax cuts are still looking good. what would happen though if they don't? in other words, what would happen to these very markets anticipating such a phenomenon if it doesn't pan out the way they hoped? we're on it after this. ♪ it's time to shake up your lineup. the alerian mlp etf can diversify your equity portfolio and add potential income. bring amlp into the game. before investing, consider the fund's investment objectives, risks, charges, and expenses. read the prospectus carefully at
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go long™. ♪ neil: when the first shots were fired and more to point when a security officer was shot. connell mcshane. reporter: it's a big change. all resolves around jesus campos, when they first told us about the story about security officer was shot by stephen paddock after he began firing on the crowd bea low his hotel room. campos was given a lot of credit helping stop the shooting. now we're told that is not really how it happened at all. the new timeline, put it up on the screen for you, so you can follow along. 9:59 p.m., paddock shoots the security guard, okay?
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he fires 200 shots into the holloway. that is before the shooting in the crowd. 10:5, six minutes later he shoots into the con setter crowd, 32 floors from above. 10:15 he stops firing. 10:17, the police get there. and finally 11:20 they breach the room. given the shooting of security guard, we don't foe if campos was able to tell anyone he was shot or communications breakdown getting to the room or figuring out where the room was. but the other point of emphasis from the authorities in their most recent briefing to us, about this shooting they still don't have a motive. everybody asks the motive what drove this guy? they were asked about it. one thing they did shoot down whether there was anyone else involved. they say no second shooter. no evidence, neil of a second shooter, just paddock.
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to your point they have to start putting this back together again because a lot of original story relied on campos and timing of when he was shot, turns out it was before we're told now. neil: he is shot. his leg is banged up. reporter: right. neil: it is 9:59 p.m., their time. do we know soon afterwards he told at least security in the building or? reporter: no, we don't. there was assumption he did, he communicated to security and that is what stopped the shooting. but now we don't know whether he told someone, and they just didn't get there, or whether he tried to, as i said a few minutes ago, maybe there was a miscommunication. we don't know that yet. maybe the next briefing or as they find out more we'll find out more. but that is the mystery now. that is a six-minute gap in a hotel after the security guard is shot. did he radio to someone, they didn't get there? we don't know where the gap was or what happened. neil: then security would have to let the local police know and on and on. reporter: right.
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neil: connell mcshane, with us jeffrey miller, former pennsylvania state police commissioner. commissioner, you heard a little bit about this. how does it change the dynamics reconstructing events for you? >> it completely changes everything. if it is true in fact that the security guard at the hotel was shot six minutes before the active shooter began. neil: it raises a lot of questions. number one if he was sent to the 32nd floor to investigate an open door, then they had unresolved incident, somebody knew where he was going, what he was doing. in my experience, most of these hotel staff at a large hotel such as this would have radio communication, an earpiece, et cetera. usually the security staff, the maintenance staff, sometimes even cleaning staff. so, you know, perhaps he had a radio but after being shot, it was not available to him or he couldn't make that call but if he did have a radio it begs the question, could he have contacted somebody at the command post or front desk to
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immediately inform them that he had been shot, and to call police because certainly las vegas police with have responded. neil: he might have interrupted what paddock was planning and might have sped up what paddock ultimately did. hence why paddock was shooting so quick after this. what do you make of that? >> apparently it was six minutes before the shooting began. it could have sped up the timeline, if the police had earlier information, i feel quite certain it would be rapid response. even just first responding officers that went to that location, they could have drawn his fire away or engaged him or perhaps killed himself at some point earlier in the process. we don't know. there is more information we need to learn. neil: what would the normal pattern be, jeff, in a situation like that, security would be alerted, assuming it was alerted sometime, and then they handle this on their own or they think they can handle it on their own
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or call the police? what would be normal rollout? >> the normal -- look it is not usual for a security guard to be shot inside of a hotel. there would be immediate call to 911 to get las vegas metro police and medics on the scene. obviously a person being is shot with a shooter inside the hotel. there is a lot of risk to other hotel occupants. the police would have gotten in there. we don't know how that would have infouled the tragic events that happened afterwards. neil: a lot of people now going there are you kidding me, this security officer was hit in the leg before all the shooting began, and if someone were more on top of things, my loved one would be alive, right? >> well, certainly it is just going to further exacerbate the grief they're dealing with. i'm sure they want to have
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answers. they want to know the truth, understand what occurred. i think all of us certainly want to know the facts so that we can make our own judgments from that point. neil: yeah. so hard to say and reconstruct. commissioner, thank you very, very much. >> thank you, neil. neil: quick peek at corner of wall and broad. nasdaq is up here. a lot built on growing optimism those tax cuts will get through, but, but, is that such a sure thing, when the president tweeted out nastier things about senator bob corker? pick you are yourself senator corker and president needs every vote he can to get this through and i said horrific things about you, very nasty things, are you going to support that measure? think about it, after this.
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[inaudible conversations] >> i don't think so. we are well on our way. the people of this country want tax cuts. they want lower taxes. neil: all right. i was the president talking about senator bob corker, the fellow sitting next to him. henry kissinger, former secretary of state goethe wonder how my time kissinger has been in the lead opposite former u.s. presidents. i think every single one going back to richard nixon if not prior. what the president providing foreign policy in north korea and iran and how to move forward. the corker comments in the back and forth nastiness between the
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two has raised questions as to whether tax reform could ever get done if the president alienating his ace on the hill. adam shapiro has been trying to keep up with them on capitol hill. what are you hearing? a the important thing to remember is people like senator corker are not his base. they are in a bit of a verbal back-and-forth. both have said they still have some like for the other person involved. senator corker has been on board of tax reforms to this point, you know, hoping the budget committee get the budget resolution ousted the senate will vote on that hopefully when they come back into session next week. but you can't ignore what is going on between the president and senator corker and the treat this morning. i will read it to you. i won't put any voice inflection that. the president treated, and the failing "new york times" said little bob corker up by recording his conversation, was made to sound before and that is what i am dealing with.
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and then you've got other people here on the hill like representative lee zeldin from new york who are actually supporting the president and his what you might want to call verbal attack of senator corker assume over for tax reform. >> senator corker is no friend of this white house. he is on his way out of the united states senate. he hasn't gotten his request to be secretary of state and he hasn't gotten his ego enough. this isn't about bob corker as we are done in washington fighting for tax reform. reporter: so in addition to this, but you might call palace intrigue between the president and senator corker come you have the issue of general mattis and secretary of state rex tillerson, both of whom are having lunch today with president trump. remember senator corker is a supporter, a friend of rex tillerson said that at duty and trade. they verbally sparring and going after each other.
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it doesn't necessarily mean bob corker wouldn't sign on the tax reform. his issue is keeping deficits low. not adding to the debt. it isn't about president trump you the future of our country and whether children and grandchildren have to pick up the tab. >> i don't think he was a guaranteed yes vote to begin with. we'll see what happens. my only regret to report as you did not do the president trump impression when you read the treat it maybe another time. maybe not. thank you very much. deputy chief karl rove -- i know i always hear from the people amendment s. a b. in all the stuff, but i put great stock in trying to be a decent human being, as actually people who are like-minded to me. so when i hear the president reading this stuff, saying this stuff come essay and a stepfather or not, i don't know who started it if started it i
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feel like i'm separating my two teenage sons. i do think it's healthy. i don't think it don't think it's advancing the president. i don't think it's endearing to the outgoing senator. i think it's bad for him to do this. what do you think? >> i agree. book, senator corker started this with common last wednesday in which he said basically that matters, tillerson and kelly were keeping the white house from falling into chaos. not helpful. he went on to say the three men are providing a sound rational explanation of our policies, fine. but to an offense use them to attack the president was not helpful. and then the president streets over the weekend. what good came from that? nothing. senator corker responded with a treat of his own in which he called the white house and adult care center, day care center. and that wasn't helpful. nobody's looking good. particularly senator corker after his comment last week
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didn't need to respond because now called into question anything wherever he opposes the administration is not a question of policy or principle. people attribute it to personal animus and it won't be if he doesn't oppose on some issue. neil: we talked about this before because it is part of the leadership style and in large part you and i have discussed this in the one reason i got elected. people like that sort of theory and political, the very near face approach to things. eventually have to get stuff done and i'm wondering if this stuff especially criticizing military leaders gathered around you for serving up cabinet officials who you think disappointed you. people start thinking you don't have their back so why should they have yours? >> well, i spent nearly seven years in the white house and i spent an inordinate amount of time trying to persuade republicans to support a republican president agenda.
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you need to keep your allies close and particularly the allies that are prone to not be allies come you need to closer. none of this helps over the long haul. does it mean automatically when the president of tax corker the corker will never be with them? no, people go with beliefs and principles and try to do the right thing. does it mean unopposed event of the president might ask to get from somebody because he thinks either he's been critical of me or my colleagues are he won't necessary have my back? yeah. this is particularly important where you only have a 52-48 margin and where the opposition is energized. neil: i don't think the president has the sure votes. corker even prior what this concerns, whether agree with that, we can get into that. i did think he was a guaranteed vote anyway. that might change to your point.
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rand paul so they can picture john mccain given the history supporting that. i could be wrong. susan collins and some of these others, you could make a case that even if the president were to win over those three wayward democrat in right now joe manchin as he doesn't like what he sees thus far, this is far from a slam dunk. what do you think? >> first of all, let's count on the democrats do not vote for this unless it's going to pass. no democrat will vote for this and decide the though. it's got 50 or 51 votes we might see a couple democrats come across and vote for it. they are not getting 50 or 51. here's the other thing. i am still optimistic because i think republicans in the senate have come to understand as an existential question for our party and they've got to get it done. susan collins may have problems on obamacare, but she is for cutting taxes. senator corker may have concerns about the deficit, but he had a
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reasonable conversation with pat to me in the two of them came to an agreement. i am still optimistic, but i've got to tell you, none of this helps and it's something where you are so close. we've seen obama, repealing and replacing of obamacare precisely twice with senator mccain has previously voted consistently to do it. you have to wonder if there's a personal issue between he and the president. none of this makes me feel better, but i'm still at a kid ronald reagan described as a pilot something underneath the christmas tree and i think there's a pony buried in there somewhere. neil: i hope you are right on that. i'm thinking of your old ross, president bush. i'm sure they would have their private moment with a vote for a senator and try to let them know how they felt. there's some legendary tapes, jfk chewing out someone who would've done something to embarrass his administration but it was private. i'm just wondering what difference it makes. maybe we are used to it and
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maybe i'm one being thin-skinned. >> out to you it's even more powerful when it delivered privately. i saw president bush deliver and you say i'm your friend and you disappointed me. the power of the presidency is enormous. the president having a conversation come in the oval office for colin from the oval office or to gather the personal quarters, it's enormously powerful. i saw the president i serve have to do that. president trump has the ability to do it. this guy is a schmoozer. he's done lots of deals. he knows how to maneuver. his better doing that in my opinion and doing a public because it allows him to give people a chance to come back. it allows people to stay in the future i will find a way to work with you. it allows people to walk away saying i hated coming to support the president. you don't have that when you're picking up the newspaper and reading about the treat of the connector from seeing something is treated something about you. just doesn't work that way.
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neil: or not return your phone calls. karl rove, thank you very much. that continues and the president is going one step further, looking at the nfl tax breaks that are given. pretty generous. you might be asking yourself why did it happen to begin with? it's a very good question.
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you can even see how well you're sleeping and make adjustments. does your bed do that? the most amazing part is they start at $699. that's $200 off our queen c2 mattress during the final days of our fall sale. ends sunday. visit for a store near you neil: when it rains it pours. gwyneth paltrow, angelina jolie among others than harvey weinstein harass them. they sell it all out in detail. i'll save you the time but they are coming out of the woodwork to say it is true. he harassed us as well. president trump tweeting the following. why is the nfl giving massive tax breaks while at the same time time disrespecting our anthem, flag and country. former nfl player bridges o. when addressing tax breaks we thought were going that they came back. bottom line he doesn't think they should be profiting one way or the other group taxpayers for
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behavior that he considers unpatriotic on the part of players. that's what it comes down to. what do you think? >> i think all americans can agree on now. we can agree that people who make the dollars needed to pay the taxes. i am just excited we are now having this conversation about nfl, about our young men in these communities. this has been going on for quite a while. it's time to have a really serious conversation about the root cause. first of all, america is doing what we do best. we have a great heart. it helps kids come out of the system and get them home. the kid -- we need to do with the root cause of the root causes very simple. i will highlight it with one word, evil. evil is when you take away a person's hopes and dreams and future to target a race of millions and you do it for generations that the democratic party has done is pure evil for
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generations good at the end of the day it was a democratic that wore white hood, the democratic anarchists who were black masks, bullies and cowards. there is a democratic socialist white marxist who was behind being black social pundit. what we see in the black community is not by accident and i'm glad we have this conversation because we have sorry but all editions who has been profiting off misery instead of solving problems. we need to bring up the black caucus, elijah cummings, john lewis, have them come on your show and help the black community in the last 10, 20 years. neil: jemele hill, the anchor who was sidelined for weeks because of her recommending a number of tweets that if you are a problem with the way the dallas cowboys treat their players and bench does that
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won't stand for the national anthem go after their advertisers. two-week suspension, we don't know whether paid or unpaid. would you think of that? >> of course they are going to stand for her. understand that message they are giving our black kids as this country doesn't work. these are people living the american dream. across the board you see ceos, black president willing to tell our kids this country doesn't work. we have too many racist people double stand against you. give them power, keep them in office and allow them to continue to push this anti-american message. let stand up against these guys, understand who they are. it is anti-american. i'm so glad we're having this conversation. part americans black-and-white decided not to pay for bad product of showing how it works. that is all of us. we now have a chance in the off
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season with a flush of income to nonprofit organizations in the black community because of the conversation we had today. i expect the black players would take millions of dollars and give it back to the communities and give these kids help. neil: next time let me know how you feel. great having you, my friend. judge napolitano here kind of on the same subject are the reports we're getting from dow jones the nfl forced the issue of demanding the players stand for the national anthem. first of all, judge, welcome. can i force them? >> i don't think they can do it in stadiums on by the government, which is most of them and they certainly can't do it in states that grant workplace protection to employees to defy management by expressing a political opinion in the workplace as long as the expression doesn't impair the work product. so if they could show that taking any causes a reduction in revenue to the teams, then they
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could prohibit it. if prohibiting taking the is done just to produce some sort of picture out of core political conformity, then they won't succeed. neil: but what if the ratings we've been seeing that a lot of people are blaming on this whole dustup in the fans are getting sick of it, eventually would translate into advertising revenue. then they would have something. >> yes, then they went. they can compel conformity in order to produce the product but not in order to produce political orthodoxy. neil: that may push you a little bit. jemele hill, not too long after she was reprimanded, not men for she made about president trump and coming down hard on the nfl. what do you make of this? >> i think calling president trump a white supremacist is reprehensible, baseless but part of the lefts mantra. i think we'll hear it for as long as he's president. every time they said it seems
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and is so incendiary. i'm not surprised that it came out. espn, just like fox news is not the government so it's not regulated by the first amendment. espn, which would be the case here can discipline people who say things on there that violate their standards. neil: what if they didn't say it on air? >> they may want to take the position that she is a public person and whenever she says something in a public arena, whether twitter, facebook or in front of one of their cameras, if it impairs their product, her reputation, then they can discipline. dated simply, there is solid ground. neil: after the boycott, it cuts both ways, right? you all of a sudden can see the demonstrable effect of people ticked off with the nfl and how this is sort of morphed into a social boycotting advertisers.
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>> look, twitter has boycotted a pro-life campaign ad from congresswoman marsha blackburn and there's nothing we can do about it because twitter is the bulletin board. but we could boycott twitter advertisers. by cutting the advertisers of the free market way of addressing a free-speech issue when you're not able to address it in any other way. neil: in the case of jemele hill, though, do you think she's given more latitude and more forgiveness than what day, if this were a conservative ranting against the barack obama, that there is, i know you are just seeing through the wall, but a very different reaction than what the curtain showing. >> i think in a lot of circles in new york city it's very fashionable to bash the president in the harshest possible tones. of course as we know he bashes back. you've seen language that is equally as her sometimes.
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so i was a little surprised -- not surprised that what she said. but i was surprised at what they did. neil: all right. finally, i'd be remiss, you mentioned the president. not quite a lot question, but i do wonder whether it gets in the way of passing legislation, alienating the united states senate potentially through nasty trees. that is his modus operandi ended made him very successful in what made him president of united dates. you think this hurts what he wants to get done? >> in the short term, yes. a lot of his best buddies lindsey graham legault with yesterday, but i think it hurts both of them. however senator corker votes it will be presumed as personal rather than policy or political. the president is going to have to reach out and kiss and make up an donald trump does that very well. neil: you are not worried? >> no, i'm not.
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neil: sometimes i think his burden onto bridges. >> it appears he's burning a lot of bridges but these guys are all professionals. neil: that's his way of saying i'm not really going to answer your question. a lawyer and judge he was and remains, by the way. you are the best. thank you very much. >> pleasure, neil. neil: when we come back, stocks continue. the big optimism here has to do with tax cuts that the judge pointed out to necessarily be unraveled by political differences are nasty trees. he might be right, but others are looking at some underlying fundamentals to these market. what is driving this? after this. you know who likes to be
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in control? this guy. check it out! self-appendectomy! oh, that's really attached. that's why i rent from national. where i get the control to choose any car in the aisle i want, not some car they choose for me. which makes me one smooth operator. ah! still a little tender. (vo) go national. go like a pro. >> welcome back to cavuto coast to coast on another record day on wall street. as the dow, nasdaq and s&p moved to the highest levels ever, the
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nasdaq crossing 6600 for the very first time and we will see a record close, and the 50th since trump do not duration. the dow component microsoft, all-time highs. procter & gamble down about 1%. nelson has big proxy fight, for board seats and turns out that the number is not in favor, but he said he's going to wait for a certified result. ge after closing at the lowest level since 2015 yesterday after management shakeout, the cfl announced his retirement as well. up 19 cents at this time. wal-mart at the highest level since february 2015 with a positive outlook saying that online sales are expected to grow 40% and also share buyback of $20 billion. neil, on a record-setting day. neil: nicole petallides, thank
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you very much. companies report a third-quarter earnings fared. most are anticipating the s&p 500 a growth of 4% to 6% would be a slowdown from a couple prior quarters here by continuing estate of uninterrupted quarterly growth we've seen for the past couple years. market watcher gary kaltbaum on what it's watching. what you see? >> the most important thing we have not only of the economy expanding at her, but interest rates remain ridiculously low. the printing money machine is still going, about $3 trillion. i've been saying for eight years this money printing machine is great for asset prices and market and away we go. by the way, one of the thing that's happened today is wal-mart announcing $20 billion of buybacks. the reason they were able to do that is interest rate a lot is being done with more debt here that's another part of the process also.
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neil: i know there a lot of fundamentals that would be welcome today. you mentioned the wal-mart $20 billion buyback. you could hope or think about selling off a division. airlines optimistic about the upcoming travel season. so i know all about, but how much is this driven by a miss him about getting tax cuts? how could this potentially be good if that doesn't materialize? >> will look, first of all. all you have to do is get a chart of the markets. simply lifted off after doing nothing for a couple of years. i think they are very important. a driving force behind economic growth going forward. we do have two higher taxes. too much government spending has to be worked off of. i think the market will take a haircut. i don't know to what extent. the good news is i think we are down to 50/50 on whether something gets done or not in
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the market still going higher. that's good news. worst i can say right now what short-term we are very overboard. we can get a pullback or the transports were lacking now they are breaking into new high ground. in worldwide market are strong in the best kind of bullish markets are ones where the world is doing well also. it is doing quite well here. neil: if you don't mind because this is a legitimate business story the sole nfl controversy, it is interesting roger goodell sent an e-mail out things like many fans would avoid everyone should stand for the national anthem. it's an moment in our game. our fans expect that of us. he also said we care deeply about our players and respect their opinions and concerns about critical social issues. it is a barrier to have been an honest conversation making real progress on the underlying issues. i have no idea what he's saying, but it sounds to me like he is
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saying we can settle these anthem issues on the side and deal with this, but for now i think it's a great idea that you stand during the anthem. i think i've interpreted that correctly. what do you think? >> three words. follow the money. i can promise you the nfl has been hearing from their big-money sponsors. i heard earlier today they had a meeting with anheuser-busch who spent a ton of money. this is business, my friend. it is not just a sport and it's a gargantuan business in the tens of billions of dollars that affects so many things. i don't think the players get that. their big salaries are paid by the sponsors and the people that show up and watch the game and if that goes south, their salaries go south so that is something to think about. i gather roger goodall for the first time in a long while not getting too much sleep here. neil: but you know, i'm thinking they can cut both ways. sponsors are going after sponsors to get what you want.
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except for hill's case sidelined for two weeks because of recommending via twitter if you have a problem with jerry jones of the dallas cowboys in his demand that players don't stand for the national anthem get benched for the game take it out on advertisers here. a lot of folks are fed up with the whole back-and-forth in politicizing it could be tempted to get out on advertisers. where does this go? >> again, you can have a downward spiral. there is a big move in many places. there's a facebook thing going on for 150,000 people sign up to not go to football games. this thing could spread in things like jemele hill, anyone also be fired. now much in going after to sponsors espn also and this is not the first time she's gone that route. as this gets noisier, it is worse for the nfl. it is as simple as that. many people have contact did
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with the directv and not getting the nfl package which is a multibillion dollars to them. so this is a big, big deal going forward. it's all about momentum. they need to stop what's happening. the worry for the nfl is that they start telling people in the players do not kneel and all of a sudden all of them yell, then look out below. neil: well, in this case, especially given the jemele uprising come you're if you do, if you don't. gary kaltbaum, continued that letter. from roger goodell purdah look forward to an open discussion of these issues when we meet next week in new york. team owners will be gathering in new york. i learned to come together on a path forward to continue to be a force for good within our communities to protect them and preserve our relationship throughout the country. we are unified in that spirit, let's resolve that next week. we will meet this challenge and a unified and positive way.
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unfortunately for the nfl they are not unified and not everyone is positively sure what it really is a positive way to move forward. it would seem that the commissioner is saying we will stand for the national anthem and we will resolve these personal beefs you have on these issues in a different matter. he did not lie with a different matter with the. hence the letter then in so many paragraphs says essentially something has to change. we will have more after this. ♪
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neil: hillary clinton, the latest to respond to the harvey weinstein allegations. i was appalled to learn about the revelations of harvey wines sign, and this cannot be tolerated. their courage and support of others is critical in helping to stop this kind of behavior. harvey weinstein relieved of his duties at the company he founded. a lot of people say his own brother gave them up and will be
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running the company. we will see. though the wildfire breaking out now in wine country, california. vice president mike pence being briefed by officials. the president has already approved a major disaster aid, first the declaration. hillary von is there with the very latest. hillary. >> wildfires have cost the state $2 billion before one of the biggest ripping the biggest ripping through nasa and sonoma wine country and continue there is still zero to limited amounts contained. hundreds are missing. fire that ripped through two dozen buildings damaging those permanently end of these 20,000 people have been evacuated. fire chief ken philmont says as of last night they had limited to zero containment here the fire is no kidding vineyards in
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napa and sonoma county and put in at least 650 wineries in jeopardy, replacing just a single acre of grapes could cost up to $25,000 here at this time, we have no idea how many times have been ruined, not to mention the effect it will have on the soil and future grapes. at least 90% of grapes have been picked. this is right for the tail end of harvest season here in napa. there's more than 100,000 acres of grapes and sonoma, not be combined. also a big industry is tourism. they can also have a big impact as a lot of the hotels have been hit in areas where people say. the wineries are the tasting rooms are in the wine is has also been burning down as well. the good news is most of the people in this area have been evacuated, but the bad news is we talked to several who said their neighborhood now resemble war zones.
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a lot of them says it looks like a bomb went off and really all that remains coming meal, upon that hill is a lot of refrigerators and cars that somehow have remained standing. neil. dream too unbelievable. i can't believe how quickly all this has caught on. hillary von in napa valley. the washington white house moments away from the briefing and what the president might or might not detail that the certification of you read nuclear deal or at the very least the revolutionary guard there. a terrorist organization iranians are not happy with either come in the former army intelligence officer tony schaeffer. good to have you. we don't know what will be spelled out, but the good things that seems to be bothering the radiance is not so much that he certification if that were to come to pass, but this proclaiming the guard as a terrorist group. that is really wrangled them. what do you make of this? well look, the higher gc, the iranian revolutionary guard as a
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terrorist organization. this is something i've personally been involved in both collecting on them, monitoring them. they are essentially the official arm of terror for the iranian government. they had the cubs force are very much an element of iranian political will and they do things to put forth their very severe version of the muslim faith and terror. i agree with the president. i agree with the thinking on this completely. it is far overdue because we've known this since the clinton administration. there's really no issue here with that. with that said commend the iranian nuclear deal is equally bad in many ways. i signed on to that letter a few days ago that john bolton put forth with the 85 national security experts saying the iranian nuclear deal was a bad deal. it is not working. the iaea, the watchdog, the u.n. watchdog is not being given access to the sites necessary to
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validate their part of the agreement. by wasting an agreement where we can validate the basic premise of why we entered into the agreement. neil: do you ever worry apparently this does have a lot of holes in it, that there is this sort of a quorum of the world, here i am sounding like a globalist, sticks to when it comes to agreement in this one was not in president obama's case approved or ratified by congress that makes it a little different in this president can do what he wants, but there's others in the world who signed onto this who might say about the united states can't be trusted and if there's any agreement until this resident should be careful of that. what you think? >> we should be careful how we enter into agreements. president obama was completely incorrect. senator corker has been not the best supporter of the president lately was the one who paved the way for this failure. look, the president would've
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been a safe ground to say we are going to take a step back here. we are going to renegotiate and give this to congress, for the senate for purposes of ratification like our laws dictate. the president will be safe on that ground and at the same time call out the fact the iranians haven't lived up to their end of the agreement. i am all for us in any agreement we sign up to with the other side is willing to do what is necessary. waiting to point out to the international community that the iranians are not living up to their element of the deal and frankly that is something in their interest as well as to step away from the arena is not living up to their end of the bargain. tracey will watch closely. always good seeing you. we are awaiting that white house briefing. also the player reaction to the nfl commissioner goodell's comments to all team owners that they all kind of get on the same page. i am betting this will come up at the white house briefing and
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assault time to move on and get on the same page, all stand for the national anthem and address these issues that matter to a lot of our players. there does not appear to be middle ground on this. we've got to stop this. something has changed. advertisers could be slipping away. again, money is what could be deciding this. a little more after this. it's l is committed to help protect what you've earned and ensure it lasts. introducing shield annuities, a line of products that allow you to take advantage of growth opportunities. while maintaining a level of protection in down markets. so you can head into retirement with confidence. talk with your advisor about shield annuities from brighthouse financial established by metlife.
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neil: all right. we are minutes away from white house briefing with senator sanders. business leaders are looking forward to the president again, tax cuts i believe he's going to be in pennsylvania. a lot of folks wondering whether he's back and forth lately, like senator bob corker heard him, don't really move the needle one way or the other. fox business connell mcshane. i don't have many. neil: [inaudible] on this tax cut from the president is championing, we'll get everything out. and i don't know where corker was standing on his tax-cut thing.
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i'm thinking now, why would you risk alienating the guy? i don't care who started what. you know what i mean? >> i would say the president is going to probably have to talk to senator corker and be very, very friendly if you want to go because it's not just senator corker. it is also the senator from maine who may go against this. also senator mccain. i mean, they can only afford to lose three votes, right? tend to business leaders we know are all for this plan. this is really the group being aimed. 66 came out in support of the framework at least from what we've heard. we'll take it. i'd be less than 35%. >> if you are senator corker, are you shooting yourself in the foot to some extent by voting against your own party's agenda just out of spite. at the same time, look at what is or what is very sad about this coming he's given himself a
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rationale. if it has 1 penny to the deficit, there's no way i'm voting for it. that was his quote. as this goes on, all the studies have come out, more of a financial bill together they say yes he can come back in day i sat along nothing to do with the tweets. >> at $1.5 trillion he just talked about adding to the deficit over 10 years. the mac as i don't see tax relief for everybody, especially the middle class, i am in no oneness. but is he your sense by the end of the year we get this thing or not? >> not by the end of the year. >> i am with connell on that. i don't think are the end of the year. >> i think yesterday that was next year. neil: they rolled out this year. >> exactly. some people say glasshouse bosons relatively up to mistake that it's really not. same mistakes in 10 chance,
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little bit more than that. neil: i know there have been other markets whether they are built on good earnings or to see more of those as the state was on here. that is the driving this. not taxes. i can't help but think that tax cuts as they unravel are going to hit this market. >> i was thinking yesterday with the banker, the big bank we all know saying we are anticipating the market going higher than a form of corporate reduction comes through. but you were just mentioning this potential sticking point and this idea that maybe some of the middle class might be hurt. we are going back to the individual side. and that is really a threat. senator paul has made that a very vocal kind of sticking point saying i hear in the same in me that in two different states feared it should matter. we should both be paying the same. right now from what we've heard that would not be the case. neil: it always seems gobbledygook to explain why tax
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cut would benefit the market. all of a sudden the market cheaper because underpinning not with the sharply potential revenue from tax cuts. it would help the market for a saturday factored in? >> i've heard all sides from different investors i'm not. there is an argument to be made that in this current environment the market has done what it did. now you could say anticipating it's going to be tax cuts, but there is a camp to be heard but also in this current environment the market based on earnings and what companies are doing has already done while still potentially could do well even without the big tax cut. more than anything they would love to see something done on the corporate side. neil: some are calling it a melt up. >> this is a crazy long bull market. it is like the bull market of everything to your point there were a lot of people are saying we've never seen a cycle like this.
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so does that mean if they come down we come down harder and her. neil: i was hoping you guys could provide answers here. >> is there a catalyst in the embassy that would be the point and everyone would know. but that you could see a kind of busting the sub take time and it's hard to see it. so by that measure, the market could continue to go up even if we don't get the tax cuts. they would love to see something done on this corporate side and the idea of doing something smaller rather than a big tax reform. neil: is better than nothing. >> that's what it will come down to. neil: thank you was very much. it was very help old. starting with sarah sanders minutes from now. you are watching fox business. ♪ ♪ well i'm gone
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neil: we're setting up for the white house briefing. so much could come up. including a president's tax cuts and this dust-up with senator bob corker lose you a vote? is the president confident support will be there, whether from bob corker or not, anyone's guess. but that tax push continues in harrisburg, pennsylvania, tomorrow a state president won, but won just the same. no one saw that coming. he will make the case tax cuts are needed to give this economy a boost? also, he will no doubt be responding to the nfl commissioner food dell's letter -- goodell's letter to nfl team owners that they have to sort this oink out, with the national anthem, satisfies
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everyone standing for the anthem, addressing players concerns. devil in the details how you go about that. pressure is on because some advertisers could be bolting. that is what happens when that happens. people say we have to change. or they are. to trish regan. trish: neil a whole lot going on, some you outlined there. we're waiting on sarah huckabee sanders from the white house. she will be dressing a whole lot of issues. everyone, it is very busy news day. we're expecting to get reaction on the harvey weinstein scandal, nfl and president trump's spat with bob corker. president trump as suring that the dispute with corker will not impact tax reform. another day on wall street, how do you like it? 22,812. we have the guy who told you it would hit 23,000 this year. he is here. is he c


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