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tv   Americas News HQ  FOX News  March 1, 2017 11:00am-12:01pm PST

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right now. >> now the challenge is to turn the speech into reality. hello everyone. mr. trump working to smooth that path today in a lunch time meeting with republican leaders from the house and senate. those lawmakers will be instru phpbtdal in helping him accomplish his goal including replacing and repealing obama care. >> this will be guided by two principles. buy american and hire american. tonight i am also calling on this congress to repeal and replace obama care.
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>> let's bring in trey gowdy, republican from south carolina. i know you have a vote coming up. what was it like where the republicans interrupted almost 100 times for applause of president trump's speech. then you had the democrats pretty much sitting on their hands not doing anything. >> it was very different from the previous six state of the unions or joint addresses. i always sit by tim scott. tim is getting older so it was hard for him to get up as often as he did. i thought i was at a wedding for part of the night but a the democrats were dressed in white. i thought president trump, you know, his message, dana, was consistent in principle with the platform he ran on, but the tone was very persuasive and i think even his critics begrudgingly this morning are saying he did a good job. >> i think that's true across the board. one of the things that was a little different was to see
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formerly or maybe conservative fiscal hawks applauding for some things that president trump did campaign on. one of those is something though i think conservatives could get behind and that was paid family leave. let's listen to the president. >> my administration wants to work with members of both parties to make child care accessible and affordable to help ensure new parents that they have paid family leave. [ applause ] >> have you seen an evolution or do you hear an evolution in some conservative thinking about being willing to pay for something like paid family leave? >> i don't know about paid family leave. we have adjusted our analysis of offsets for certain spending. when he mentions infrastructure project, some conservatives ask for the off set. others do that for an asset for which may not be an off set. i was sitting down from ben sass
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from nebraska and a very funny senator and principle conservative. i would say this about the family leave. it is possible that you agree with someone's objective but you have a different way of achieving that objective. so you can want paid family leave and do that by either mandating it from the government or just incentivizing public business to do it themselves. i kind of took that as we think it's a good idea. we may or may not have differences in terms of how we achieve that idea. >> all right. let's talk about the executive order on so-called travel ban. the president is going to i understand withdraw and then issue a new and revised executive order. you thought that it needed to have some clarity. have you been briefed? are you satisfied with the new product? >> i have not been briefed, but i am so far down the pecking order of the house, i don't expect to be briefed. i heard it was coming today and then i heard maybe it's gonna come later. i think he's doing exactly what he needs to do, which is have a different analysis depending on
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the status of the group involved. if you're an american that went to visit the vatican and you just want to come back home, you're entitled to your full constitutional rights. if you're in yemen and you never visit the united states and you just want to meet tim scott, you don't have any constitutional rights. so we can apply different scrutinies based on the status or class of the person who wants to come to the united states. >> before i let you go, there was some question earlier this week whether one of the house members was calling for a special prosecutor, independent review of the alleged russian ties with the trump campaign during those last years. you're on the intel committee. do you think those are quelled and there's no need for that? >> well, i hope so. nunes has been talking about russia for a year now. dana, there is no special prosecutor. i hate to break the hearts of my colleagues. there's no independent council. there's a special council. jeff sessions would appoint that
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special counsel but only if the department has a conflict and every united states attorney in the country has a conflict. no one has offered any evidence of any of that. so all the discussion about special prosecutor or special counsel, we don't even have the fact pattern yet. we don't even know that it's criminal in nature. that's just members of congress talking about show hearings. i'm interested in real investigation. that probably needs to be done by the fbi. >> all right. thank you very much. >> thank you. yes, ma'am. >> president trump sounding positively presidential and getting mostly rave reviews, including from my next guest fox news sunday anchor chris wallace. i have to say it was real professional honor for me to sit next to you last night while we listened to the speech. i thought it was remarkable to watch how you not only are listening to the speech, you are following along and then you make certain notations. i was curious, what are you looking for?
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you covered many of these. how did you know how to pick out those news bytes? >> it's funny. i was told to bring my notes. i thought, why on earth would anyone want to see my notes? now i know you were looking over my shoulder, dana. you won't be able to read it because i have my own little chicken scratch. but what i was doing here, after i had marked up the speech is on one side i was putting things that very much kept line and this is a smaller group with the base, the things he had promised in the campaign, obama care repeal and replace, radical islamic jihad, things like that. on the other side, all of the things he had done which were reaching out to the other side to the democrats. really is quite a lengthy list. everything from his opening line about, you know, the black history month and trying to unify against crimes of hate like the desecration of jewish cemeteries.
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all the way down to a somewhat muted call for comprehensive immigration reform. one of the things that struck me and it's very interesting i have to say reading the newspapers today, that people, liberals in the main stream media don't seem to be willing to take yes for an answer. there was a lot in this speech seemed to be the president if not breaking, certainly expanded in trying to reach out to moderate and even to liberal democrats in a variety of issues. people keep saying well the tone was different but the substance wasn't. i think the substance was. >> let's take a listen. i noticed last night that you and chris starwall picked up on some news in the speech they didn't hear when i was listening. when i heard your analysis i thought, a-ha, i hear what he's saying. let's listen to president trump on obama care. >> first, we should ensure that americans with preexisting conditions have access to coverage and that we have a stable transition for americans currently enrolled in the health
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care exchanges. secondly, we should help americans purchase their own coverage through the use of tax credits and expanded health savings accounts, but it must be the plan they want, not the plan forced on them by our government. >> so do you think, chris, that president trump offered to the republicans that were there in the chamber last night enough confidence to proceed and have this vote and get it done? >> well, i know there was so much done. if you looked at that tape, look at the way that paul ryan was nodding up and down. there's a real split among republicans, particularly in the house and senate. but even some in the house about how to proceed. everybody wants obama care repealed and replaced but they have different ideas about how to do it. one of the controversial ideas is giving tax credits instead of subsidies because there are some conservatives who say that's just another entitlement. that's just going to be another guaranteed form of government spending.
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it is a key part of the ryan plan and donald trump signed up for it. it was subtle, but it was there. i think that's one of the reasons ryan was so excited about it. that doesn't mean it will be settled. we'll have to wait and see what happens. it clearly was the president coming down on ryan's side in terms of what the prescription should be. >> i thought that was very insightful. it occurred to me that all the republicans were there, none of them are thinking about running for president until at least 2024 when maybe all the democrats are thinking they'll want to run in 2020 maybe even against each other in the primary. do you think that helps republicans settle down and sort of i guess embrace this evolution of a new republican party, part of the workers party? one where you have a lot of tax increases that they might not have been willing to swallow in the past? >> sure. you were working with a president who ran for reelection and won. there's a big advantage to having an incumbent president in
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all likely, it's crazy to talk ab 2020 now, but we do. you know, in all likelihood would not face a primary challenge so he can just sail through the spring of 2020 without any problems. meanwhile, you could have democrats bashing each other. doesn't mean an incumbent president can't lose. it certainly gets an advantage to be running for re-election rather fighting it out in the primary and then having to have to take on an incumbent president. that will change 14 times between now and 2020. >> last night he gave maybe some wobbly republicans maybe some shoring up that -- i think what president trump did, he helped them help him back in their states and be willing to vote for some of his agenda. >> oh, absolutely. we don't want to overstate. but people were getting worried. this was an erratic rollout. it was a divisive rollout. i think there were some republicans worried. i think it works both ways.
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one is i think it gives republicans a somewhat easier path. we'll have to wait and see how much the president can keep up this kind of positive presidential tone. i think it also is going to make it harder for democrats to oppose him especially as you have pointed out in those ten states that you're going to have democrats running for re-election in states that donald trump won in 2016. may i also just quickly say before you kick me off. it was an honor sitting next to you, too, dana. >> i'm going to be back in your presence sunday. fox news sunday. i'll get to be on your panel this weekend. >> we can't wait. >> okay. thank you very much. president trump talking foreign affairs last night including a demand that our nato allies foot more of the bill. but some key issues missing. the head of an international political risk consulting firm next on what to make of all that. plus a rash of tornados wreaking deadly havoc on parts of the central u.s. ahead a live look at the devastation. >> devastation not only here, if
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>> dana: president trump becoming the tpeurgs t commander in chief to ever say radical islamic terrorism in an address to congress. but no mention of russia in his speech. the president also sending word that he expects our global partners to pick up their share of the tab. >> we expect our partners, whether in nato, the middle east, or in the pacific, to take a direct and meaningful role in both strategic and military operations and pay their fair share of the cost. have to do that. >> dana: anne pwrepler is here author and president of the risk consulting firm which is
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amazing. when you talk to world leaders around the world and they want to see a joint session of congress, what are they looking for? what do they pick up that we might not be looking for? >> in this case they're looking for balance. they're looking for trump to give clarity because over the past few weeks, depending on who you're listening to, you're getting very differ responses. do we like nato? do we not? are we committed to europe? are we not? is the security conference a week ago, every leader was saying it was a great speech from vice president pence, but we don't know if that's reflected in the white house. this speech yesterday, for the first time from president trump, i think calms nerves, at least a little. makes them feel like, okay, there was election trump. there was early president trump. and now he's actually finding his feet a little bit. let's see if we get more of this, you could start to see a
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traditional american allies feeling more comfortable. >> dana: so the reaction is muted? >> i think so far the reaction will be muted. in terms of stock prices going way up, the investors like it. the international -- look, there were very few people out there outside the u.s. that wanted trump. you had putin, you had kim jong-un. you wouldn't invest in that portfolio, right? there weren't very many internationalers. now you're saying abe gets on the plane wants to work with us, teresa may from the u.k., can work -- >> justin trudeau. >> mexico's pena. at the end of the day there are a lot of countries that know they have to work with the world's only superpower. but they don't want to be thrown under the bus by an errant tweet. last night's speech makes them feel like, okay, this is someone who ultimately can listen a little, can read from a teleprompter. national security complex, now that flynn is gone from national security, you have mcmaster, who
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is one of the best scholar soldiers out there. you've got mattis in defense. you have tillerson in state. we haven't been very effective so far, but certainly is an adult. those people are capable. those people could have served in any republican administration. but trump is somehow different and the white house is different. so that's what the foreign leaders are listening for. >> dana: you were in europe. do you think the nato countries will be able to pony up more money for their share of nato? >> i know they want to. it's funny. if you're a nato country right now, a year ago you were worried ab russia only if you had ethnic russians on your territory, territorial direct concerns. it was poland, it was latvia. today the concerns ab russia, because of hacking on elections in the united states and in europe, it's everywhere. the french are worried. the germans are worried, the
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italians are worried directly. they feel they need to spend more on defense for that reason. >> if they say president trump is serious this time, do you think their governments will pony up? >> i think part of it is the issue of the russians posing a threat and part of it is the fact that trump is calling them on to the carpet. obama was the one that said these guys are free riding, but there was no consequence. with trump, they do really believe -- >> dana: oh my gosh, he really means it. >> he might set the alliance on fire if they don't pay. to think they should do it and getting those parliaments in an almost zero growth environment to start really spending the money. execution is gonna be harder. having said that, trump is already taking a victory lap saying, see, i told them to pay more, now they're paying more. >> dana: that's part of the walk of confidence. i hope you come back.
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i could keep you all day. president trump vowing to defeat the terrorists of isis. does that mean more troops on the ground in iraq and syria? not necessarily said one pentagon official. plus deadly storms rip across the nation's heartland. the threat may not be over. a heart attack doesn't care what you eat or how healthy you look. no matter who you are, a heart attack can happen without warning. a bayer aspirin regimen can help prevent another heart attack. be sure to talk to your doctor before you begin an aspirin regimen. bayer aspirin. to refinance your home.eding through financial documents or, you could push that button. [rocket launching] skip the paperwork and get a mortgage solution in minutes. lift the burden of getting a home loan with rocket mortgage by quicken loans. [whisper: rocket]
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>> dana: at least three people are dead in the midwest after tornados barrelled through the region. a past moving storm system spawning twisters to as far north as illinois yesterday. destroying homes and uprooting trees. the threft now extending to more regio
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regions. matt, are people back home? what's happening now? >> reporter: dana right now property owners and families are returning to homes. many people are returning to total devastation. you are able to see inside some homes and see some heart breaking damage. first responders and emergency crews have rushed in to make sure gas and electricity is shut off. there are many downed power lines getting blown around in the wind touching wet surfaces. we had a chance to speak with some neighbors who described the terror of the tornado ripping through their homes. >> it was just like you see in the movies. we were in our living room or in our bathroom in the bathtub. we saw daylight in the bathroom. then it got dark. we were in the eye of the tornado. watched it go through. loud booms. >> reporter: what was going through your mind? >> we're gonna die. i don't know? it was nuts.
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you don't ever expect this to happen. >> reporter: the governor just toured this area praising neighbors and emergency crews. the red cross is on hand. we learned in neighboring ottawa, a 71-year-old man was killed. a tree hit him on his property. the fire chief her saying this is the first time a tornado has ever hit this town and unfortunately it has left a path of devastation. dana? >> dana: matt, the storm threats aren't entirely over? >> reporter: not entirely over. this storm has been heading east. there are thunderstorm warnings from boston all the way down to florida right now, dana. >> dana: all right, matt. thank you very much. everybody, stay safe. president talking about some ambitious plans all while lowering taxes. so who will pay for it? could he take a page out of george w. bush's play book? >> not only do i trust you when it comes to your own money, i trust you when it comes to asking for your help and maybe convincing some of the members of the louisiana delegation who don't see our way, to see it our
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way. >> dana: ari fleisher will join us to discuss. plus, president trump honoring a fallen navy seal and his wife during last night's speech. we'll take a deeper look at that hero's life and military career. ♪ we asked people to write down the things they love to do most on these balloons. travel with my daughter. roller derby. ♪ now give up half of 'em. do i have to? this is a tough financial choice we could face when we retire. but, if we start saving even just 1% more of our annual income... we could keep doing all the things we love. prudential. bring your challenges. the search for relief often leads... here... here... or here. today, there's another option. drug-free aleve direct therapy. a tens device with high intensity power that uses technology
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for over 100 years like kraft has,natural cheese you learn a lot about what people want. honey, do we have like a super creamy cheese with taco spice already in it? oh, thanks. bon appe-cheese! okay... >> dana: president trump seeking to build on momentum after last night's soaring speech to a joint session of congress. now the hard work of turning his
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vision into policy begins. >> when we fulfill this vision, when we celebrate our 250 years of glorious life, we will look back on tonight as when this new chapter of american greatness began. the time for small thinking is over. the time for trivial fights is behind us. >> dana: let's bring in ari fleisher former white house press secretary under george w. bush. we have arguments over what's harder being the first press secretary or the last press secretary. >> they're all hard. >> dana: that's true. i'm so glad you're here. i wanted to talk to you about, is there anything you all did in 2001 in order to turn the legislative -- the electoral win into legislative victories? i think president trump has an opportunity here to try and press members of congress to support obama care, immigration reform, other things they want
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to do. >> george bush was a former governor. it was intuitive to him what to do to get people to support his policies. donald trump is an outsider. he picked up a tremendous amount of momentum. there is two things he needs to do. keep bringing the democrats who vote for his policies up to the hill and the republican leaders. he's already doing it. the second is go to the country, particularly those eight to ten states where democrats are free won, put them on air force one, walk down the steps with them, take them to big rallies, let those senators see donald trump can put together 10, 15, 20,000 people rallies in my state? i have to be very careful if i vote against him. >> dana: is that how you and the whole white house team in 2001 were able to get the tax cuts through? >> there was a lot of similarity to it. correct. george bush went on what they called tax rallies. we put in gigantic rallies of
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democratic senators. ultimately we got many of them to vote for president bush's tax cut. >> dana: we have video of one of the rallies. looking a lot younger. let me talk to you about style. i think the speech is getting rave reviews. i thought one of the things you could have used more of is some humor. he ad-libbed a couple lines. one i'll show you is one of my favorites. let's look. >> i just met with officials and workers from a great american company harley davidson. in fact, they proudly displayed five of their magnificent motorcycles made in the usa on the front lawn of the white house. and they wanted me to ride one and i said, no thank you. >> dana: i think that people under estimate the effectiveness
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of using some humor like that. >> it has to be natural. >> dana: he does it well. >> i don't think it's style. donald trump you don't get that sense. i think he's a formal person in those settings. rallies he just lets it rip and it has a different feel to it. but humor? i don't think necessarily associate donald trump with the word humor. >> dana: i found president obama funny, too, sometimes. let me ask you about the tax reform. when you and i first met in 1995, you were the spokes person for the chairman of the ways and means committee. i said we're going to have chairman brady on here. how difficult is it to explain to the american people things like the border adjustment tax? where do you think they'll find the spending to reduce in order to get this massive middle class tax relief that president trump promised last night? >> great questions. explain the border tax is impossible.
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don't even try. the american people won't get their arms around it. what is salvageable is what tax reform can do. if they don't do it now, this is too big to fail. they must do it. the stock market has rallied, in large part because of the expectations that are built in. if congress doesn't get this across the finish line, it's going to be a terrible blow to republicans. it's too big to fail. >> dana: do you think they need to do it before they try to do obama care? or are they linked? >> i would much prefer to do it first. the election is about the economy. what can we do to make growth faster, wages higher? if donald trump gets distracted, it makes it harder to return to core issues. from my point of view, i would much rather them do tax reform first. >> dana: it does feel like they -- or they think they're linked. i also think it's hard from a messaging standpoint to do two big things like that at once. >> well, all at once, i totally
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agree. there is a sequence to when you have to move these three big trains. they have to pick, choose. >> dana: last night i heard it a different way, that there's lots of planes and they're circling the airport and they're gonna run out of fuel. they have to land. you have to decide what the sequence is. do you think the democrats made a mistake last night by being so sour? >> i think they made a mistake by being democrats. i'm not gonna criticize them for sitting on their hands. that's what the opposition party always does. >> dana: it's not fun. they also have to remember in 2009 when president trump -- president obama is there and he's trashing the record of george w. bush. it hurt for a couple days then it gets better. >> i'm not gonna criticize the democrats for sitting on their hands. it's what the opposition does. by the way, you look great in that chair. i like this hour, 2 p.m. you're very good at what you do. >> dana: thanks.
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i'm better at 2 than i am at 1 # 1 p.m. last night i was like a drowned rat. thank you very much. great to have you. now to the pentagon. commander of the join task force in iraq and syria says he does not expect a large increase in u.s. troops there after the pentagon turns in new battle plans. jennifer griffin is live at the pentagon. jennifer, what more do we know about the plan to defeat isis? >> reporter: welsh dana, monday defense secretary mattis presented the plan that president trump had given them 30 days to come up with defeat isis. we just had a conversation with the top lieutenant in iraq. he was asked whether he was concerned about having too much u.s. troops on the ground. >> i think if we showed up with a number of troops unannounced and uninvited i would be concerned that that would cause a problem here. but i don't think that's the way we'll go about it. i think we'll be smarter than that. >> reporter: the commander may
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request more u.s. troops, especially special operations forces for syria, where general townsend said in the past he does not have enough trained forces to take raka. today he said syrian, kurds and others would likely be part of the effort to retake raka even though turkey has tried to halt the u.s. from working with the kurds. >> dana: what can you tell us about the reports that the white house may consider delegating more authority to the pentagon? >> reporter: that report is coming from the daily beat which suggests one option being presented to the white house is for the president to delegate more authority to the pentagon, to defense secretary mattis in particular, to green light anti-terrorist operations like the one carried out by seal team six in yemen which, of course, has become controversial because navy seal ryan owens was killed during that raid, along with a number of civilians. one of the complaints under the obama administration was that it took forever to get a decision from the president for time
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sensitive hostage rescue operations and other sensitive missions. on the other hand, the president and white house usually retains the final say over sending troops into countrys where the u.s. is not already at war for a reason. that is a key tenet of civilian control in the military. the president invited -- the yemen operation has been politicized from the get go and there's an open debate dating back to the last administration about the white house using navy s.e.a.l.s. as political pawns. there is bipartisan agreement that the families of the fallen should be respected an their spouses remembered but not for political gain of either party. >> dana: that was a remarkable moment last night. what more do we know about ryan owens? >> well, he would have been 37 years old this week. born in peoria illinois. he was 6' 4", 225.
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his older brother was a tphaoef seal an his other brother a police officer. ryan spent half his life in the navy. a member of the elite seal team six. he served 12 deployments, earned a silver star, bronze star, among other commendations. he three presidents. there's a photo of him playing with the obama dog at the white house. one of his saddest moments we're told was having to escort home the bodies of 17 navy s.e.a.l.s. killed when their helicopter was shot down in afghanistan. ryan o wednesday leaves behind a loving wife, karen, and four children. a huge loss to the community, dana. >> dana: indeed. thank you, jennifer. president trump's cabinet is finally filling out. dr. ben carson clearing a key hurdle on his way to senate confirmation. another of mr. trump's picks is now in the clear. chief congressional correspondent mike emanuel is live on capitol hill with more. so, who is the new addition to the trump cabinet today? >> reporter: well, dana, good
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afternoon. ryan zhinke was confirmed. the vote was 68-31 with 17 democrats voting with republicans so he was easily approved. today a senator from montana spoke about him being the right person for the job. >> i know he will be a strong advocate for our public lands. he will uphold the federal trust responsibility to indian tribes. and he will help unleash american energy and will strengthen our water infrastructure. >> reporter: up next is someone who actually ran against president trump during the 2016 presidential campaign, dr. ben carson. passed a procedural vote to become the next hud secretary. he should have plenty of votes for final confirmation tomorrow after democrats burn some more of the clock. dana? >> dana: what are democrats saying about what is a historic slow pace of cabinet
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confirmation? >> reporter: they're saying president trump being a political outsider picked a lot of people who have never been vetted before so they deserve a little extra scrutiny. today an ohio democrat sounded irritated that his party is being accused of stalling. >> that's why this has been slowed down is these nominee, many are unqualified for the jobs. many have conflicts of interest. many have very complex financial holdings and por tpoelios. that's the reason for the delay. to accuse anything else is just playing politics. >> reporter: dana, the minority party in the senate doesn't have a whole lot of pow twoer stop the nominees so they are using the power to slow them down. >> dana: stall. thank you very much, mike. >> reporter: thank you. >> dana: an ambitious agenda including infrastructure and tax cuts. how does the president work with congress to pay for it all? we'll talk to the chairman of the ways and means committee.
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markets going way up after the big speech. we'll check in on harley davidson stock. you don't let anything keep you sidelined.
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there was no mention of the path way at all. we'll think about that with a national political reporter of the associated press. top of the hour on shepard smith reporting. we'll see you then. >> dana: a pilot is dead after his home built small plane crashed in northern massachusetts. police say the pilot was making test runs with the plane when it suddenly nose dived into a building yesterday. the faa requires pilots of so called amateur built aircraft receive the same training as any
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other pilot. the cause of the crash is under investigation. president trump discussing tax reform. one of the major planks of his economic agenda. >> right now american companies are taxed at one of the highest rates anywhere in the world. my economic team is developing historic tax reform that will reduce the tax rate on our countries so they can compete and drive anywhere and with anyone. >> dana: kevin brady is chairman of the ways and means committee. i am so glad to have you here. this is the big cahuna. something a border adjustment tax would hurt consumers. how will you counter act that message? >> i don't believe it will, dana. here's the purpose. we know what our competitors in china, canada, mexico, germany, which is to have much lower rates than we do. we fixed that. they no longer tax world wide. we meet them.
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so today an american made product is at a tax disadvantage here in america or abroad. we maxed them going head up. not only pro growth, but it eliminates tax reasons to move jobs out of america. so we know when we strengthen our made in america sales around the world, the dollar inevitably strengthens, imports become more affordable going forward. it tends to balance itself out. plus you now have instead of sub2% growth, 3% or 4% growth. at the end of the day, kpe teug always helps consumers. stronger economy always helps workers. >> dana: the market is reacting to something today. maybe it is hope and promise that tax reform would bring. let me ask you though, i feel like the president laid out last night several big tax decreases, tax cuts, and some big spending plans. are you comfortable if those numbers end up increasing the
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debt? will that be acceptable to the republican party? >> so clearly we are focused on balancing this budget and getting deficits under control. i think spending cuts get us halfway there or more. you need a stronger economy. so yes the president trying tax reform to help generate revenues. but we design it. adjust it neutral counting on economic growth. when you look at infrastructure or child care spending, a lot of work has to be done to keep this in a deficit neutral type approach the republicans want. so, yes, dana, it's going to be a challenge. >> dana: last night the president talked about the middle class and said there was a massive tax cut coming. >> it will be a big big cut. at the same time, we will provide massive tax relief for the middle class. we must create a level playing field for american companies and
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our workers. have to do it. >> dana: so, is there a plan that's already out there for this middle class tax cut that maybe i haven't seen yet? >> there is. we intend to deliver on president trump's promise. the main reason we're proposing a tax cut so fair and simple, nine out of ten americans will be able to file using the post card style system. we simplify the tax code. we flatten out the brackets. there's too many complication. we lower the rates including middle class. we protect more of the first dollars that families earn. that's really important for young families and retirees. and then we lower the rates even more fornd investment. so in the post card style approach, we really focus on those middle class tax cuts. >> dana: chairman, do you think you'll have to explain to millenials what a post card is? >> we may have to. i also mistakenly used the phrase we can turn this back into a phone book if you want.
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then people, we don't have those either. so, yeah, we got to come up with some new analogies here. >> dana: thank you very much, mr. chairman. wall street surging to record highs. dow jones topping 21,000 for the first time ever with investor confidence boosted after president trump's speech before congress last night. and -- a pickup truck going air borne and a wild police chase. how this turned out straight ahead. umbrellas!! you need one of these. you wouldn't put up with an umbrella that covers you part way, so when it comes to pain relievers, why put up with just part of a day?
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>> dana: an ending to a wild police chase in northern eupbd kwrafpb tpha. -- northern indiana. authorities chasing a stolen pickup truck at speeds up to 115 miles an hour on a highway
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yesterday. before the truck hit spike strips. the pickup going air borne and onto a parked car with a woman inside. the woman telling police she saw the truck coming and was able to escape unharmed. the driver of the pickup arrested. president trump's speech to congress reigniting a big rally on wall street. markets hitting record highs. dow jones topping 21,000 for the first time ever. fox business network's lori rothman joins us live from the new york stock exchange with more. lori, i miss seeing you around here. good to see you on screen. seem to be pretty happy with president trump's speech. >> i have to tell you this is a pretty plum assignment today. check out that dow. just hit 350 points. a gain of 350. pretty close to the best session. really the talk on the street today is that not only did trump deliver in his speech last night, president trump, but he brought even more, really
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digging in on themes of tax reform, infrastructure spending, regulation roll backs. giving security to know that our economy is in pretty good shape. the big runup we saw in the market from election day to yesterday could very well be justified because trump is very serious and he got a lot of practical ways of implementing his pro u.s. growth agenda. so basically we're looking at if the dow, let's just say we're pretty safe that the dow will close above 21,000 today. the move from 20,000 to 21,000, dana, that 1,000 point rally ties for the quickest pace in history. so since election day, since trump won the spaoeuz surprise election 267 points on the dow. >> dana: how is harley davidson doing after their mention? >> let's get to this, too. nice day for harley davidson as well. he mentioned it in a speech last night saying hog, that's the
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ticker here, h-o-g has been mistreated. one country charges a 100 opinion tariff on harley davidson motorcycles. he didn't specify which country but we know even in its earnings release, disappointing quarter for harley davidson. they're citing competition from honda and india's polaris. nice shot in the arm for harley davidson and many other names. >> dana: a powerful billionaire media mogul saying she may consider a run for the white house.
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i'm dana perrino. thanks for being here. i'll be here friday, too. here's shep. >> shepard: it's noon on the west coast, 3:00 in dc whe wher president trump is basking in the flow of a speech. yesterday he said he open to giving illegal status to undocumented immigrants. instead, we heard talk like this. >> we want all to succeed but that can't happen in law less chaos. we have to restore the rule of law at our borders. >> shepard: rather than focusing on immigrants, he denounced crimes that some immigrants have co

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