tv FOX News Sunday With Chris Wallace FOX News August 10, 2014 3:00pm-4:01pm PDT
next sunday morning, 11:00 and 5:00 eastern, much earlier here in the west with the latest buzz. on the way. i'm chris wallace. president obama says air strikes in iraq could go on for months. as he eks conin t president obama seeks to contain the threat from isis saying it could go on for months. >> early this week. an iraqi cried to the world "no one is coming to help." today, america is coming to help. >> as the united states returns to the fight, we will get the latest on what is happening. retired four-star general breaks down the military operation and we will discuss whether president obama is doing too little or too much with senators graham and cardin. >> for a president who campaigned on getting out of iraq, how big is this reversal?
>> as commander in chief i. not allow the united states to be involved in another war in iraq. >> we weigh in on whether he can limit our involvement in iraq. >> then, american companies renounce their corporate citizenship to save big money in taxes. ought head of the business roundtable debates whether that is unpatriotic with a senator. >> our power player of the week ivanka trump. >> i recognize the foam anyone voice of a masculine brand. >> hello from fox news in washington. >> president obama says the campaign of airstrikes and humanitarian air drops ordered this week is "a long-term project that could go on for months." but he maintained there are strict limits to our involvement in iraq. today, we want to analyze the
combat mission. retired four four-star general l lay out the battlefield and well hear from two leading senators but, first, we have the latest developments from wendell. >> chris, the president says this are several objectives in the iraq campaign and not all of them are under the control of the united states and allies. first is to defend the consulate where there are self-hundred marines and stop attacks on refugees on the mountain. the united states has conduct add number of airstrikes on the forces artillery firing at civilians. president obama says the military is confident it can protect the refugees but, soon enough, and likely with the help of iraqi and kurd forces they will have to form a corridor to get tens of thousands of refugees off the mountain. >> the next step which is complicated is, how do we give
safe pass average down from the mountain and where can we relocate them so they are safe in that is the kind of coordination we need to do internationally. >> president spoke with the leaders of germany, france and britain about joining the effort to deliver food and water to the trapped refugees but probably not joining the fighting. he suggests but does not say so openly the iraqi president needs to give up his quest for another term. president obama flames maliki's bias against the sunnis and kurds for fueling the rebellion and says iraq has made progress naming a kurdish prosecute but it will need a government all iraqis can buy into to stop driving sunnies to join the forces to defeat them. >> thank you, wendell, traveling with the president at martha's vineyard. >> breaking down the military situation now in iraq is retired
four star army general and fox news military analyst. yen, tell us the position in northern iraq from the west to the mosul dam to the east. >> the red diagonal is isis and they dominate all of northern iraq and extend over to the syrian border. that is in question is mount sinjar. it extended over to this area. >> where are the airstrikes so far? and what have they accomplished in ought irstrikes went in the area to stop potential assault targeting mortars and artillery, et cetera, and the last two airstrikes on saturday and, also, today, are taking place in
the area of mount sinjar targeting the isis capability and truck convoys,eth. >> we are just taking out individual artillery mortars or artillery. >> that critical. this is defensive air-strike campaign designed to protect the united states presence and irbil and the refugees on the mount. it is not taking away isis freedom of movement. there are five attacks taking place as we speak right now by isis with total freedom of movement we. there have been two attacks north of baghdad 80 miles to the north in tikrit and 20 miles to the north and 25 miles south of
baghdad in new sophia. >> they have freedom of movement and they have the initiative except in irbil. >> yes, and mount sinjar. >> we are we rolling back isis or containing them in limited areas? >> we are containing them in limited area. to change the nature, the president has to change the orders to the military, a campaign designed to destroy command and control and logistics and maneuver the units and the operation would change in terms of scale and it would attack isis in multiple locations at the same time. >> general, thank you so much. >> now, reaction to the new united states role in iraq from two key senators, republican graham of south carolina a pen of armed services committee. senator, of president obama declared his new policy of airstrikes and humanitarian air
drops, you sent out this tweet. "the actions announced tonight will not town the tide of battle ." president obama says we can't do that, we can't rollback isis and take the measures the general was talking about until there is an inclusive government in baghdad so all factions in that country join in the fight. thank you is not accurate. when i look at map that the general described i think of the united states. i think of an american city in flames because of the terrorists' ability to operate in syria and iraq. the director of national security, the file director, and the director of homeland security said the isis presence in syria where hundreds of americans and thousands of european fighters are is a direct threat to the united states and now they are in iraq. mr. president, you have never once spoken directly to the american people about the threat
we face from being attacked from syria, now iraq. what is your strategy to stop the people from attacking the homeland? they have expressed that desire almost is no political reconciliation in baghdad going to protect the american homeland. that has to be a commander in chief with a strategy and vision and this commander in chief has no strategy or vision. it is a situation where he knows better than everyone else. he was told to get engaged in syria three years ago and he said no, the military commander say, leave troops in iraq, as an insurance policy can he got the "no." >> what are we accomplishing with the very targeted and very limited airstrikes against an individual artillery group who are a specific vehicle outside mount sinjar? >> he is trying to avoid a bad news story on his watch.
this is not a replacement for a strategy to deal with a health to the homeland. to every member of congress, you have been told by every major intelligence leader in our nation we are lettened by the presence of isis in iraq and syria. to change that threat we have to have a sustained air campaign in syria and iraq. we need to go office offense. there is no force in the middle east that can neutralize or contain or destroy them without at least american air power. mr. president, be honest with the american people about the threats we face, to the members of congress who say "stop." what is alternative? >> after getting all of the united states troops out of iraq, the president made it clear on thursday when he announce nod it yesterday -- it
and again yesterday, we are noting if in another war in iraq. take a listen. >> as commander and chief i not allow the united states to be dragged into fighting another war in iraq. as we support iraqis as they take the fight to the terrorists, there is no american military solution to the larger crisis in iraq. >> senate graham are you saying we should go back to war in iraq? >> i am saying iraq and syria combined represent a direct note to our homelap. today, the president raised his right hand to become president for a second time, his constitutional responsibility as commander in chief trump any political promise. what is going on in washington when the file tie director, c.i.a. interior, homeland security secretary tells every member of congress and the president we about to be attacked if a serious way because the president emanating from syria and iraq and his
responsibility as president is to defend this nation. if he does not go on the offensive against isis they are coming here and this is not about bag dad, this is not about syria, it is about our homeland. and if he does get attacked, because he has no strategy, it will be a blunder for the ages. >> president obama hikes to say, what were has the day after? if we go into a full-fledged air campaign against isis and syria, we are in the middle of two wars in iraq and syria. do we really want to do that? we know how iraq turned out. >> do you want to let america be attacked? they have people on the ground slaughtering christians. there are four goals: to make
every muslim ben. to destroy the christian population in the middle east. drive us out and destroy israel. here is my statement to the president: mr. president, your own people are telling you we face an attack from this region. there is no substitute for america being involved to eradicate isis. three years ago, mr. president, you were told by the national security team, get involved, arm the rebels because this problem will grow. you said no. you made many, many bad bets. but there have been more terrorists organizations now with more safe havens with more money, with more weapons and more capability to attack the homeland security than there was before 9/11. mr. president, if you do not adjust your strategy these people are coming here. >> president obama business selled on saturday -- business
selled when he was asked that he pulled all united states troops out and was it responsible, and he said, look, iraq didn't want to make the deal for a carry on status of forces agreement. take a listen to what the president said. >> that buyer analysis is bogus. it is wrong. it is frequently peddled around here by folks trying to defend professor policies. >> is that bogus argument by people who were wrong about iraq in the first place? >> the president is rewriting history at his own convenience. you got the answer you wanted. when everyone told you to leave a force behind you made it impossible for the iraqis to say "yes." mr. president,. >> authoritied us getting out of iraq and during the debate with governor romney, he sugg
could support 10,000 troops like the president intendses to leash behind and the president said, i am not leaving any troops behind. i'm not going to get entangled in iraq again. you are rewriting history, mr. president. >> a senator graham, thank you. we will bring in democratic senator from maryland on the foreign relations committee. senator cardin, you have heard this? your reaction? >> i disagree. i agree with the president there is not a military solution to this she. we have a limited mission that the president is authorized to deal with the humanitarian crisis to avoid genocide. i support that mission. we are protecting united states interesting as far as the state of united states personnel in the northern part of iraq and that is our limited mission but we are not going to use our military to take care of what the iraqis should be taking care of. if you look at the real cause,
the real cause is the iraqi government has not perform the way it should to protect the rights of all iraqis. we are not going to get in the middle of a civil war. >> i will get to the threat of isis in a minute but when you have reservations about getting involved at all and back in may you joined a number of other senators seeking to repeal the authorization of the use military force which was the resolution that allowed the invasion of iraq in 2003 in the first place, is president obama from what you have heard, is he getting too far involved in this? when you hear him talk about this being a long-term project that could take months, are you concerned about this being an open ended commitment?
i disagreed with our invasion of iraq 13 years ago and didn't thing it was a danger to the united states. i support the president's himmed mission. we have potential genocide that could take place where the united states at the request of iraq, can do something about it, working with the international community. we are right to take action. i support this humanitarian issue. we have to be careful we are not drawn into the use of our military in a civil war in iraq. >> the president is talking about being drawn in with an collusive government in baghdad if maliki steps down and with you support that? and the partial let was supposed to meet to choose a prime minister and they could not even agree to that in iraq. >> i would not support drawing american troops in to do what the iraqis had to dough for themselves. i support the humanitarian
mission. the president is right. iraqis look at america as being able to help prevent a job i'd and we should do that, we have a game plan. what we will not do is become the iraqi air force. obviously, we are concerned we not be drawn into that. >> the point senator graham raised, what about isis, they are more radical and more deadly than yike, having established 10 safe haven. are you not concerned they could become a major threat to, first, the region and then to the united states homeland security? i am very concerned about all of these extremist groups that believe it is their way and everyone has to conform to their
beliefs and have no respect for those with different views. absolutely i am concerned about isis and the impact. the united states working with the international community needs to eliminate that type of extremist. the way to do i is, first, to have a representative government in iraq so that moderate sunnis do not find or thing the only course they have is to line up with extremistups. so have a government that can reach out and shut off support to the extremists. >> do you really think the united states will rollback isis without a united states presence? >> we need to do everything we can that iraqis can fulfill their commitment to have a moderate government and eliminate the support groups that are working now to help isis. >> sir, you are not answering my
question which is, is there a role for the united states air force, the military airstrikes to take out isis? >> i don't think we can take out isis from a military point of view from the use of our airstrikes. that is not going to solve the problem. the fundamental problem is whether the iraqis believe they have a. representative government so sunnis feel comfortable with the government in baghdad. that is the key to cutting off the permanent support that isis otherwise would have. >> thank you, senator, for joining us. always a pleasure to talk with you. >> next, president obama has set strict limits on the united states air campaign in iraq and our sunday panel joins the debate on what it will accomplish. >> what would you like to ask the panel? we could use your question on the air. s symptoms.
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when countless innocent people are facing a massacre and when we have the ability to prevent it, the united states cannot just look away. that's not who we are. we're americans. we act, we lead. >> less than three years after declaring the iraq war over, president obama justifies the u.s. going back in, at least to block isis from taking over more territory. and it's time now for our sunday group. syndicating columnist george will, jackie kucinich of "the washington post," radio talk show host laura ingraham, and ron fournier from "the national journal." george, what do you think of the air campaign the president launched this week?
and to pick up the phrase he used, is this a case of america acting and leading? >> he's now the fourth consecutive president to engage militarily with iraq. this time, the question is what is the mission? if the mission is simply to protect the kurds and others, then that's one thing. we're actually obligated under the genocide convention, which is right here, and which ronald reagan signed in 1988, since genocide is a crime under international law, which today, the signatories undertake to prevent them to punish, so there's this kind of statutory reason for this. on the other hand, that seems to concede the advances that isil has made, there is there is no talk really about getting rid of their conquest of territory there. i don't know about you. i was struck by jack keane saying they're attacking south of baghdad. that means they've got them surrounded. it means, a, what is left of the iraqi state? the president says much depends on what we do on there being an
inclusive government in baghdad. while he's engineering an inclusive government in baghdad, the rift of the government doesn't seem to run much beyond the suburbs of baghdad. >> we asked you for questions for the panel and got this on facebook from bruce. he writes i'm happy we're helping those on the mountain, but to think that limited military strikes are going to make a difference is silly. you go in to win or don't go in at all. jackie, i mean, that seems to be, and we heard this in the debate between senators cardin and senator graham, what's our mission there, is it too much, is it too little? how do you answer bruce? >> i think it's striking that there's no end date to these strikes. so the president, it was kind of vague, and i think it was on purpose so they could potentially expand this later. i also think benghazi is looming very large here. i think particularly with the american consulate and erbil. if that falls, then they have a humanitarian crisis that's even
bigger and the problem of getting personnel out, so there are a lot of things. it makes sense what their administration is doing right now. as far as putting boots on the ground, the president's hand was forced even starting the air strikes, i think. i don't think he really wanted to go into iraq again. this is the first step. we'll see what happens. >> laura, it was clear to anybody who was watching on thursday night that this president really didn't want to do what he was doing. really didn't want to go back into a combat situation. even from the air. in iraq. wasn't happy about doing it, and was trying to come up with a very carefully calibrated, limited policy. how did he do? >> i think it's really hard. i don't think you can judge how he did right now. we're almost in an impossible situation, right? the american people really have no appetite for america to re-engage. they don't want us to go into syria. obama did go into syria. that red line was crossed, obama said no, the american people said no. after iraq and afghanistan, our
own country, middle class is struggling. what are we going to do, what are we going to accomplish? he's reacting to that, but also as the washington post pointed out yesterday, he's now i think reluctantly seeing the perils of inaction. if we do nothing here, then what? let's say iraq does fall, which i think is a possibility? iraq may fall, no boots on the ground, not going to happen, can't happen. that's very empowering to isil. if they know american troops are not going to be on the ground at all, and i'm not saying i want them here, they know they get an artillery position hit like yesterday and they flood back in, like yesterday. they have that hidroelectric dam right now. if isil decides to flood much of southern baghdad, can reach much of baghdad, that in and of itself can be devastating. and about 3 million christians lived in iraq in peace. they need help, desperate in need of help. christians have been suffering in iraq for several years now. and i think our government, even
the bush government, hasn't done enough to protect those religious minorities as well. this inattention to what's happening on the ground in iraq has been happening for some time. i don't know if there's a good solution right now, which is a horrible thing to say for the united states of america. >> ron, as i pointed out with general keane, we're literally hitting one artillery piece, one convoy at a time. does it make sense to have such a limited mission, such a limited role or should we either be doing more or either be doing less? >> i think we're missing the big question. first it's hard to admit it, but our country was not honest about how it got into iraq and not smart about how we got out of iraq. most americans want something very limited. save the people on the mountain, on the ground, that's very strategic. the problem is this is a very ruthless, strategic, well-funded group of terrorists. i even hate to say the world group terrorists. >> a state, got its own
government and army. >> its mission is to take us out. we're going to get hit. they're coming after us and we're going to get hit if we don't figure out how to stop them. short term, yes, the president is doing fine. long term, this is a president who underestimated isis, he called them jv. he underestimated putin. he underestimated several other areas. he's been the commander in chief or the underestimator in chief. i don't want him to underestimate. we can't afford the president to underestimate this threat. i also don't want him to overreact. we have done that before and it got us into this mess. it's an awfully tough thing to do. i wish i was more confident that the president understood the threat to the country. >> you heard senator lindsey graham. what do you say when he says forget about political reconciliation in baghdad.
if you consider this caliphate. they call themselves the islamic fate. if they establish that, we're going to bemoan that for decades the way we bemoan what happened with al qaeda in afghanistan. >> we have fought for 13 years, the longest war in our history in afghanistan, why? because it's in our national interest not to have a large area which is a safe haven where terrorists can plot against us. iraq now, after eight years in iraq, 2001 to 2011 is becoming exactly what we went into afghanistan to prevent. remember colin powell's rule. if you break it, you own it. we broke two states in the middle east. we broke by our policy the state of libya, we broke by our policy the state of iraq, and we own the rubble. >> we own the rubble. does that mean we have the responsibility for fixing it? >> no, we have a responsibility to learn the lesson at long last
that we can't fix states like this. >> let me put it this way, 13 years ago almost exactly to this date, president bush got a memo saying al qaeda wants to attack america. >> and we learned yesterday, today, more details about how al qaeda is kind of disintegrating right into the islamic state. al qaeda has become the islamic state. george is right, i think we try to do all these things in iraq. now iraq is worse off. i mean, i hate to say that, but iraq is worse than before we went into iraq. christians are gone. there's no sense of order at all. saddam hussein is gone. that's a good thing, but what's left? a more emboldened islamic state. not contained apparently even by u.s. air strikes. >> we have to take a break but we're going to continue the conversation. up next, the situation in iraq, just one of many hot spots president obama faces now. what have we learned about his broader foreign policy. our sunday group continues the discussion when we come right
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problems. it can only last if the people in these countries themselves are able to arrive at the kinds of political accommodations and compromise that any civilized society requires. >> after authorizing air strikes in iraq, president obama offers a broader insight into his thinking about what u.s. power can accomplish, and we're back now with the panel. george, what have you learned this week, if anything, about obama foreign policy, about his very grudging willingness to use force and the strick limits he puts on it? >> we learned three things from this extraordinarily and alarmingly revealing interview with the "new york times." first, he said he wants a settlement in iraq and the middle east where there are no victors. isis cuts people's heads off. they say they have to be exterminated because they're
devil worshiper. it's hard to have a relationship with people like this. second, he said we have a strategic interest in pushing back isil. back to where? it's not as though they emanated from some state and are occupying some other states. they're home now. we're not going to push them back with air power. one of the consistent themes of our military experience of the last 100 years is the limitations of air power, no matter how spectacular some of its effects can be. finally, he said, and this is related, about russia, he said we want to go back to a cooperative relationship with russia. again, no talk about russia giving back the crimea. again, it's a conceding the advances our enemies have made and trying to be nice to them. >> as george pointed out, the president did an interview with tom friedman, columnist for the "new york times," which was very interesting and very wide ranging.
in that interview, he said perhaps his biggest foreign policy regret was in libya, that we got involved in toppling gadhafi but didn't have a good answer for what happened next. take a look. >> i think we underestimated, our european partners underestimated the need to come in full force. if you're going to do this, then it's the day after gadhafi is gone. so that's a lesson that i now apply every time i ask the question, should we intervene militarily? do we have an answer the day after? >> jackie, is that sensible caution or is that paralysis by analysis? >> i think he made ron's point, exactly what he said. he's underestimated in libya. i think one of the interesting things is the president has largely followed what the american want on this. they don't want intervention. and yet his polling on foreign policy used to be a huge victory for him. now it's not. now it's down low with obamacare, and it's just striking. they still don't like what he's doing. >> you know, laura, this is not
george w. bush. it's not ronald reagan. this is a president who is very cautious about the u.s. of military force. after all the problems of the last decade or so, is that a bad thing? >> well, he ran on getting us out of iraq and on the tails of public dissatisfaction with the wars in iraq and afghanistan. he ran on the fact he was historic, and he's obligated to follow down that path. the problem is reality comes and hits you in the face. i think mitt romney said during the campaign it's almost like the president is managing our decline. our economic decline of the middle class, refusal to really engage with republicans on a lot of issues. now it seems like that management of our decline has really seeped into our foreign policy, where with putin, i have a great interest in russia, and putin moves into ukraine, and we're very slow-footed to react.
we're going to have sanctions. sanctions mean nothing. the europeans have a north stream and south stream pipeline going into europe. you'll never get them from europe as long as they know they have to rely on the leaders. we have a strategic interest in rolling back russia. we can't just say we're going to sit down with putin and everything is going to be okay. we have to show unity of strength, at least among our allies and now that's gone away. >> in the "new york times" interview, the president does talk about putin and russia and ukraine, and he says this. at one point, he says he could invade, almost sounding like he's a bystander watching a train wreck happen. your thoughts about presidential strength and weakness and the use of force and the willingness to use it. sometimes, if i may, as somebody who covered ronald reagan for six years, sometimes -- well, to use his line, peace through strength. sometimes you get more peace if people think you're willing to use force and if you do it on occasion. >> as someone who covers bill clinton and george bush, the
american people don't want intervention, but the american people also don't want weakness, and they don't want to be attacked. he has to deal with the world as we have it, not as the world as we want it. three things struck me. he's going to invade? that's a pretty big deal, mr. president. what's the next sentence? two, the comment about no victors and no vanquish. that's a funny thing to say for a president who is all about -- >> in the campaign. >> exactly, the white house was all about victors. that's a different issue. also, tom's lead -- i thought it was a wonderful interview, but tom's lead said it's clear the president has a take on the world. i read that story three or four times. i can't find the president's take on the world. that's a problem the american public has. that shows weakness, if you can't let us know what's going on and where you're taking us and how you're going to protect us from this new threat. >> thank you, panel.
see you next sunday. what do you think? should the u.s. go back to iraq? join the conversation on facebook with other "fns" viewers. up next, some american companies are renouncing their corporate citizenship and relocating overseas to save millions in taxes. should the president use executive action to stop them? huh, fifteen minutes could save you fifteen percent or more on car insurance. everybody knows that. well, did you know words really can hurt you? what...? jesse don't go! jesse...no! i'm sorry daisy, but i'm a loner. and a loner gotta be alone. heee yawww! geico. fifteen minutes could save you fifteen percent or more. jesse?
did you know a ten-second test could help your business avoid hours of delay caused by slow internet from the phone company? that's enough time to record a memo. idea for sales giveaway. return a call. sign a contract. pick a tie. take a break with mr. duck. practice up for the business trip. fly to florida. win an award. close a deal. hire an intern. and still have time to spare. go to comcastbusiness.com/ checkyourspeed if we can't offer faster speeds - or save you money - we'll give you $150. comcast business. built for business. they're called tax inversions and it's a growing trend. american companies moving their t witwe >> tax inversion are when american companies are moving overseas to save millions. president obama calls it unpatriotic and is considering executive action on stop it. we will have two officers to
debate this, but, first, we explain how it works. peter? >> more united states companies are moving their headquarters overseas through mergers with foreign firms which can save them a boat load in corporate taxes. the top tax rate can drop from 35 percent? to 20 percent overseas. house democrats say 75 companies have completed corporate inversions since 1994 and senate democrats say up to 25 more could do it this year alone, costing the treasury more than $19 billion over the next decade. it is all legal under current united states tax law which the president wants to change. some republicans say it is more an election year ploy to make inverses about economic patriotism and help democrats in the fall elections. >> they are saying, we found a great loophole. if you flip your citizenship to another country even though it
is just a paper transaction, we can get you out of paying a bunch of taxes. >> senate democrats will hold a vote on inversion legislation when they return from their summer recess in september but the measure will likely die in the house of representatives. chris? >> thank you. joining us new on debate this, the president of the business roundtable, former governor and delaware senator who is on the budget committee. gentleman, welcome to the program. president obama is coming down hard on the companies that carry out these inversions saying they show a lack of what he called economic patriotism. take a listen. >> right now, a loophole in our country makes it totally legal and i think that is totally wrong. you don't get to pick which rurals you may by or which tax rate you pay. neither should the companies. >> governor egler i understand that the companies can save a lot of money by doing this and that it is legal, but is duty to
shareholders, does that trump duty to country? >> they have to follow the law. as the president said they have been following the law but what the inversion is, an indication of how out of date the tax code is. we have not touched knit 30 years sin the reagan compromise in the mid-80's and since that time, everyone in the world has been changing their tax code but we now have a tax code that is more favorable to foreign countries than our own and we ought to have the tax code in the united states, the best in the world that creates the most jobs. >> the question is, in the current system, you do not have a problem with an american company doing a paper transaction to declare it is an irish or swiss company to save millions? >> what we favor is comprehensive reform. >> i said, do you have a problem? >> i have a remember with the tax code so outmowed it is forcing these decisions. what we are seeing today is the inability to compete the way we should which is why job both is
less here and we think that the comprehensive approach is a good start. >> let me bring in the senator, towns like "unpatriotic," but if you are c.e.o. of a company and says this is the law and you can save hundreds of millions, what do you say? >> this is advancing the shareholder interest but not following their duty as americans who contribute to caring their costs. you are an american headquartered company in this because you are taking advantage of our intell had ectual property, with a tax code that is out of date and unfair. the real solution i agree; to move to comp comprehensive tax reform but i have a problem with
mostly american company using a tax loop hope to avoid paying their fair share. >> let's talk about that, because c.e.o.'s will save time, we would love to stay in this country but i have to pay 35 percent top tax rate here and 12 why 5 percent top rate, for instance, in ireland and you guys in congress have talked about it for years and done nothing. >> give credit where it is due, the president calls now reducing the corporate tax rate to 28 percent and engaging in comprehensive reform and we got real and strong proposals from the chair. we need to come together. congress has the responsibility to deal with the issue. in the long term, in the next year, and in the short-term, i hope we will take bipartisan action to deal with inversion. it will cost $18 to $20 billion. we are losing corporate headquarters, jobs and resources. >> governor engler democrats say
they are willing to cut corporate taxes but republicans insist if you do that you need to cut individual tax rates because so many of the companies file as individuals, the smaller are you really going to hold up corporate tax reform? t >> axno, i think el can do it ut comprehensively. >> even for companies? >> even for companies. c >> he actually had a 28% rate for manufacturing companies.ni i think that this is an opportunity for the president to lead.k i think the saw may be to secretary lew, let's get the chairs in august, september, and we can have something ready to go when we come back. i
>> let's talk about that. in the absence of any agreement on legislation, president obamas is in this area as well, talking about possibly taking executive action to stop tax inversion. just last month treasury secretary lew said that was not possible. take a look.not >> we do not believe we have the authority to address this inversion questions through administrative action. if we did, we would be doing more. >> senator koons, that was justs a few weeks ab. >> the larger question is we should action in congress. >> i'm asking why was it in mid july that the treasury secretary said he didn't have the power for executive action to stop inversion and now the president says they tdo. d >> there are some technical areas where treasury can continue to apply. the impact of the 2004 law, let me be clear on this point. t in 2004, a republican congress and president president joint
with democrats to pass a law tov assist inversions. there are provisions in that law that treasury is looking hard p at. th they would prefer that congress act in a bipartisan way, as they did a decade ago, to stem the jojob loss and revenue loss. in the absence of congressional action, i think treasury will step up and do something to sto the bleeding. >> governor, if president obama and treasury, if they take e executive action, will you try to stop them? and your former politician, or former mgovernor, isn't this a good political issue? once again they can say we're on the side of americans, and republicans are on the side of the big corporations by pretending they're irish or swiss? >> i think americans are tired of all the political games, and want a solution. the clip you show from the secretary, i think it's very
hard. why not fix the problem it's not a little problem. now, the whole inversion doesn't change the u.s. taxes. it owner changes it when the company wands to bring the monec home president that does impact, and we would second we ought tog put the focus on growth here. we ought to have the right t regulatory energy policy, but this is the most important thing you can do if you want u.s. ground to pick up and accelerate. modernize it. >> governor edge her, senator coons, thank you for coming in. it will be interesting to see on how much the president is able to accomplish in this area.chac thank you both, gentlemen. up next our power player ofo the week, ivanka trump, on whato it's like to be the donald's daughter. if you're suffering from constipation or irregularity,
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as we told you last fall, now she's making a name for herself with her own style and accomplishments. here is our power player of the week. >> i represent the feminine voice of an otherwise more masculine brand. >> at a little 32, she's grown into a force in her own right. executive vice president of the trump organization, she also runs the ivanka trump collection of women's clothes and accessories, which will make $250 million this year. and she's a larger than life presence in new york's social scene. how is it to be donald trump's daughter? >> i happen to be any lucky, any pressure he puts on me i put on myself probably five times more. >> congratulations to you and your team, and you better do a good job or you're fired. >> ivanka and her dat were in washington last fall to announce plans to turn the old post
office pavilion into a luxury hotel, and yes, she has inherited her dad's gift for promo promote. >> there's knolls comparable to this billing. >> she was eight months pregnant when we talked. that didn't stop her from traveling to washington or for all her work for the organization. >> i'll be vote from the acquisition through the financing, through the development and execution, whether it be announcing a new super luxury golf course in dubai or mixed-use project in istanbul or hotel in beijing. there's a tremendous amount to keep us bus,. >> she graduated from the wharton school of business at the university of pennsylvania, but as the daughter of the man who wrote "the art of the deal" she acknowledges it's also in her genes. >> what is it about the deal that excites you? >> you know, it's not the money, the dance of negotiation. you have to be very intuitive to read the person that you're
working with or against or in partnership or in concert with. >> are there some advantages to being a woman in the boardroom? >> people will be less prepared when meeting with me than they are when meeting with their father. that is to my benefit. >> ivanka says one thing she loves about a project, you see people using it, enjoying what she worked on for years, from planning to financing, to construction. >> real estate is particularly exciting for me, because it's tangible. so many people operate in an ephemeral way, buying and selling assets they don't really own outside of paper. ultimately at the end of the day, if you've executed, it's there and it represents those laboring in a real and tangible way. >> last october ivanka and her husband welcomed joseph into their family. the trumps were back in washington last month for the groundbreaking of the old post office project. that's it for today. have a great week. and we'll see you next "fox news
sunday." urgent and breaking news, the situation is getting too dangerous for some americans on the ground inside iraq. so now the u.s. state department says it will evacuate staffers at our u.s. embassy in baghdad as well as the u.s. consulate in ishi erbil. our citizens are being relocated. the state department is tressing, however, that both those diplomatic facilities will remain open with limited staff for now. the pentagon says u.s. aircraft have hit fresh targets from the air, with a lot of activity in the past 24 hours. these are weapons targets