tv The Intelligence Report With Trish Regan FOX Business January 17, 2018 2:00pm-3:00pm EST
it happens. will we see a government shutdown? neil is live in d.c. on saturday with the premier of "cavuto live," 10 a.m. eastern on fox news. watch me tonight. market at record levels. we'll talk where to make more money from here. now here is trish. trish: we will watch neil on saturday and you tonight. wow, this market is on fire. 251 right now. white house press secretary sarah huckabee sanders, warns democrats, if there is democrat shutdown over immigration, democrats have no one to blame but themselves. president is trying to work with the dems for daca solution to secure our borders to put national security first but it is the left who is insisting on a clean daca fix. trump advisor mercedes schlapp is joining me in a few moments. she will talk about how we get through this and how we don't hold the government hostage over daca. i'm trish regan.
welcome, everyone, to the intelligence report. stocks are bouncing back big time, up 251. near the highs of the session. this is after the wild session we saw yesterday with the tow at one point crossing the 26,000 mark. you know what? it did it again today. we're up above 26,000. we're at highs of the session, up 1%. we got big news from apple. we'll explain all of it. liberal media badgering trump's position at white house briefing. -- physician. the reporters were shocked the president is in good health, just shocked. they kept asking me questions, a total of 77 questions to be exact, all in an attempt to get the doctor to say something bad about the president and his health. wait until you hear some of those questions. we got them for you. break burman is the a the white house with the latest on the looming government shutdown. blakes, is it going to happen? reporter: has to be hammered out by friday night.
the trish, the plan thrown out by pub leadership lip there, is short-term funding measure that funds the government through february 16th. there is back and forth a little bit of stuff in there for democrats and republicans. would continue the children's health insurance program for several years, while delaying some obamacare taxes. some for both sides. the white house is sying that this is not option a, but it is something that the president would support. >> we do support the short-term cr, however that is not our first choice. we would still like to see, clean funding bill, a two-year budget deal but we do support the short-term cr but we're going to continue moving forward in that process. reporter: by no means is this a slam dunk because here is how the calculations play out on capitol hill. not included in this bill, a daca solution. in the senate, republicans will need at least 10 democrats to come on board.
without daca it remains to be seen if they will. the do democrat in the senate chuck schumer already called this a loser. in the house, the conservative house freedom caucus is wary of yet another short-term spending measure. already one republican in the senate, lindsey graham said he will be voting no. >> to me it's a lay-up. you have a reasonable daca solution with some border security which we need, and you increase defense spending spendh non-defense -- [inaudible]. we're making this harder than i had shut be. reporter: here at the white house, trish, they feel this in the end, that sometime between now and friday night will be averted. senior white house official who i spoke with earlier this morning put the odds of a government shutdown at one in four. it might seem low, just 25%, but senior white house official noted it is the highest number they have be a described to any one of these fire drills. this is the fourth potential cr,
continuing resolution of the trump presidency. trish. >> blake burman, thank you very much. we'll very what happens. we go to mercedes schlapp. instead trying to work with the president and finding a fix on daca and border security, the left is fixated about president's comments about immigration last week, specifically that one word. let me show you what is being said right now. watch. >> when ignorance and bigotry is allied with power it's a dangerous force in our country! your silence and your amnesia is complicity. >> what this president has done is not only racist, it is a national security risk. >> it's impossible to avoid the conclusion that donald trump is racist. >> i mean, we have, we have come so far in so many ways but donald trump appears, does he not, determined to drag us back,
not 30 years ago, but 100 years ago? >> joining me right now, white house senior advisor for strategic communications and assistant to the president, mercedes schlapp. wow, mercedes, they're running with it with this one, why? >> it is interesting to see cory booker is making emotional plea when he is not fighting what we need protecting american lives against criminal illegal aliens coming into this nation, ending sanctuary cities. so it is a bit hypocritical from senator booker's perspective in terms of insuring that we have protection here of american lives and, it is one of the things that i think is very important to understand, that when senator durbin and senator graham came over to the white house with their supposed deal, it included nothing of what the president asked for. in fact their proposal increased chain migration. it increased illegal immigration. it didn't deal with the diversity visa lottery.
what the president asked for last week from the immigration meeting he had with both parties there, with, with both the house and senate members, he asked for a bicameral, bipartisan solution on daca and border security. and that -- trish: he also said he would sign whatever they came up with they could work on together and he would sign it. was that a mistaken choice of words then? >> clearly what the president, with conversations with these members both on and on campus a, he wanted a bicam rag, bipartisan framework. that is members were asked to do. when senator durbin, senator graham, came over, these two individuals have been trying to push their plan for several months. they are two senators very liberal on issue of immigration, they did not come what i would call in good faith here to the white house. what they presented was a very weak proposal that did not
include the president's priorities. and so -- trish: why would senator graham do that? you know, he has said actually quite similar words by the way himself, we played the sound just yesterday where he referred to some of these country as hellholes, wonder why we are accepting some people from these places. do you see him as trying to sabotage this in any way by not getting what the president wanted? >> i think senator graham thought he had an opportunity to come in here and present his approval, i think the -- his proposal. the president wanted to make sure it had bipartisan, bicameral support. that was not case when senator durbin and senator graham came over here. here is the deal. the president wants a permanent fix. he wants to insure that we get the daca part solved but it has to include the border security measures is. this proposal that durbin and graham presented, it had 1/10th of funding for border
secure security. it would lead to a second daca situation. it would recreate the situation. which is not what we need. we need to secure our borders. why the president in good faith wants a deal that works but it has to come from the -- trish: time is running out. you have till friday or the government shuts down. are we looking at a potential government shutdown, are you okay with that? >> the president does not ban the government to shut down. the president wants to insure that the democrats don't play shutdown politics. we don't want daca attached to a spending bill. we need to insure the democrats stop playing this game, if you shut down the government, it impacts our troops first and foremost. it impacts our national security. that is not a risk that in any way we want to take. that is actually a big mistake, if the democrats move in that direction. what you're seeing, trish, there are the senate democrats, when you pass a budget, you need 60 votes, but we need democrats to support the cr, continuing
resolution. you have already have democrats saying we don't want to shut down the government. i do hope, i do believe we are going to reach an agreement come friday and avert a government shutdown. trish: i hope you do. >> the president obviously would have prefer ad two-year budget deal. we sent over the budget to congress six months ago. nothing has been done to get to that point where it is getting to a resolution. so what this does, impact at the end of the day our national security, our readiness for our troops and something that we need congress to act upon upon our budget. trish: has to be frustrating, mercedes. i don't envy you your job trying to get anything done in washington is not easy. mercedes, thank you so much. joining me for more analysis, former press secretary to the vice president and former special assistant to the president mark lauder, and democratic strategist, anton seawright. good to have you both here. mark, the level of frustration, i don't know how you guys do it, i'm glad i live in
new york city, not washington, d.c., it is frustrating enough watching this whole process but what is the chance we actually see some kind of a deal? is that out? are we getting a continuing resolution and daca will have to sit and wait? >> i think that is where it is headed. i don't think there is enough time left in the week to be able to get the deal done and get it through the processes, and let's remember here, 18 democrats in the senate voted for the continuing resolution back before christmas to keep the doors open on the government through this point. and so with a little bit of democratic cooperation we can continue to keep the doors open while both side continue reaching a deal on long-term issues. i also want to point out democrats when they were in the majority back in 2003, nancy pelosi, chuck schumer, half a dozen senate democrats and house democrat leaders said you should not hold the budget of the united states hostage for priorities, for policy priorities. the president doesn't have his policy priorities in this continuing resolution in the
budget. let's keep it clean. keep the doors open for the american people. trish: antwan, what do you make of that? >> what i can tell you that the democrats i know, the ones that i speak to frequently who serve in congress want what 80% of the american people want. they want a long-term fix to our broken immigration system. they want to do it in bipartisan way. they also want a funding bill that will not only keep our government open for the short term but keep it open for the long term. trish: stop a second, antwan, if you get a long term fix i think sticking point here the democrats are not willing to allocate any money for border wall. they don't want more money going to border security in general. this is where you're clashing. this is why you're having a problem. why can't that be resolved, especially some of the members of the democratic party a few years back voted to actually have a border wall and wanted increased border security? why is it an issue now? >> well, trish, what i know, and
think what a lot of other people know there was a bipartisan fix that was presented at white house just a few years ago, few days ago with durbin and graham that would have put the democratic priorities in there and would have been done in bipartisan way. unfortunately the right-wing, racial red meat from the rhetoric blew up that deal and everything starting to fall apart. trish: let ask you, mark, is it possible that one of the reasons that was leaked, and look, the president, he needs to be careful because you know, when you're going into enemy territory and you say something that someone could misinterpret and made explosive, that is just exactly what they will do. i question mark whether the democrats really want hill to get this done, because if he had, gosh he is the guy gets tax reform done, and then get as daca deal and kind of stealing their thunder? >> really what it takes to negotiate with democrats is for them to offer something other than just more resistance. the president has been very clear what he is seeking. he wants border security
including a wall. he wants to fix the chain migration system and the visa lottery system which is not, which is bringing people in -- trish: how is that inconsistent with what the democrats should want, antwan? >> but mark, he also said he would sign a bill that was brought to him in bipartisan manner from durbin and graham. they presented that. democrats -- keep in mind the democrats do not control the u.s. congress. if you if republican want to jam down a bill, whatever it is down the throats of the democrats they could, just as if they did with the tax scam that they passed a few weeks ago, but it would take, it is going to take bipartisan leadership to get something done for the best interests of the american people and the government shots down with till be republican majority. >> it will take democrats who are willing to negotiate with the president. trish: part of that negotiation -- >> they were? trish: they have to put money towards the wall. you guys are saying that is nonstarter. can we get through that, can we
break through it? >> border security doesn't necessarily mean a campaign promise about a wall donald trump is proposing. there was border security funding in this bipartisan agreement with graham and durbin brought to the president, that he said he would sign if they brought it to him. >> let's get the facts. it was less 1/10, less than 10% amount of money it would take to build the wall t did not deal with chain migration. >> there is difference between building wall and increased border security. >> there has to be negotiation here. the president is right on this we need to have he have one coming together to protect interests of american citizens, our national security, keeping drugs out of our neighborhoods. that is not going to -- >> that doesn't happen when the president uses comments like he did a few days ago. that bill -- trish: see, what i -- >> absolutely we are. trish: antwan, i said this on yesterday's show i have reported from all kinds of hellholes all over the world. when i use that term hellholes, when i said i don't refer to
them as the other thing i have said that. many a time. it has nothing to do with anyone's skin color and everything to do with the places being actual hellholes because the crime rate is insane. there is so much corruption. because people are so challenged that they can't get the education they need there. it has nothing to do with the color of anyone's skin. i question why the democrats always want to go back to that race card? perhaps because that is only thing that motivates the base. am i right? if the economy doing that well, market doing that well, and african-american unemployment is at record low, i mean, you got to have something to inspire people to get out to the voting booth and i just question why you're going here and there? >> trish, keep in mind, this president, donald j. trump, has a history of saying these right-wing, red meat racial comments towards a certain group of people, primarily people of
color. the context he used, the statement from everything been reporting, even confirmed by senator graham and others it was again along the lines from the playbook of donald j. trump. trish: you're extrapolating. >> right-wing, red meat racial rhetoric. trish: if you say someplace a is a hello -- hell-hole because of somebody's color. >> he called it a s-hole, embracing more people from certain places. >> would he have made a difference if he said hellhole by the way? >> yeah, no, it would be same thing in my opinion that is the same thing. trish: i better stop saying that i reported from all these hellholes right? might make me a racist. >> you're absolutely right, trish. >> it's a little different context. trish: no. i mean i don't think he meant it that way. you guys inferring that he did is dangerous political game that you're playing. i will leave it there. mark, antwan, thank you so much.
>> thank you. trish: the dow is up 263, once again highs of the session. up better than 1%. 26,055 on the dow. s&p up 25. big, beg news out of apple. the company committing to contribute, get a load of this, everybody, 350 billion doors -- dollars into the u.s. economy over the next five years that is a very big deal. that is a lot of money. put into perspective, obama's stimulus plan, that was 800 billion. this is 350 billion a private company, publicly-held, wants to put in the usa it is good for us. we'll explain more next. you know what they say about the early bird...
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trish: i love this news. i love when i can deliver news to you guys. this is what this is right here. apple came out and said they will create 20,000 new jobs and contribute $350 billion to our economy, the united states of america over the next five years. and they're saying it is all thanks to tax reform. apple ceo tim cook saying, and i quote, apple is a success story that could have only happened in america and we are proud to build on our long history of support for the u.s. economy.
we have a deep sense of responsibility to give back to our country and the people who helped make our success possible. here with analysis, rob luna. rob, was he put up to doing this? or is it real? most companies would not say they would spend $350 billion unless there was a reason to do it. what is your take. >> $350 billion is real money. you talked about obama's stimulus plan at 800 billion. this is private sector capital definitely that will move the needle, what is exciting to me, this is the first of many announcements. it is amazing when you bring down regulatory burdens and reduce the corporate tax rate, good things start to happen, you let the private sector take over. trish: i want to tally this up here. apple at 350 billion. we'll see who else will bring
stuff overseas back home. this is what the promise as been, right. president said could be $4 trillion overseas coming back to work for us. that is a lot of money by the way. >> that is. a lot more technology companies will have the ability to do that and benefit from that. talking about this tax reform, we're seeing the top rate go from 35% corporate rate down to 21. what is interesting. i was reading a recent report from university of pennsylvania wharton school, they work on effective rate, that is the most important thing what we actually pay on taxes. they are showing effective rate from s&p companies going down from 21% down to 9%. i don't think that is figured into this market. trish: what? that is not necessarily good, rob. that might tell us they are hiding things here, there, everywhere, they're not paying full 21%. we don't want that. >> that is true, trish, but the
market moves on net realized earnings. i think numbers are undershooting. when you look at multiples of this market. i think we have long way to go. trish: president breaking now telling reuters moments ago that russia is helping north korea skirt rogue nations that the rogue nation is -- skirt sanctions and that the rogue nation is closer than ever to -- we have general jack keane next. because i'm retired now. so? we're voya. we stay with you to and through retirement... ...with solutions to help provide income throughout. so, you'll still be here to help me make smart choices? well, with your finances that is. we had nothing to do with that, uh, tie. or the suit. or the shirt. voya. helping you to and through retirement.
trish: breaking right now. president trump talking to reuters about north korea saying he is not optimistic with talks with kim jong-un would actually do anything, importantly he saying russia is helping north korea avoid sanctions. i would not confirm or deny whether the u.s. is considering a preemptive strike. this coming as secretary of state rex tillerson issues a warning for americans about the possibility of war. watch. >> i think it's, we all need to be very sober and clear-eyeed
that threat is growing and if north korea does not choose the pathway of engagement, discussion, negotiation, then they themselves will trigger an option. trish: tillerson's straight talk, came at gathering of 20 nations on america's side during the korean war and amid growing criticism over north korea's sincerity or shall we say lack thereof in recent talks with south korea. joining me right now fox news strategic analyst general jack keane. you and i have talked many times, general, about this but it is escalating and escalating very quickly. where do you see it going? >> secretary tillerson is on top of the situation. he said it's a tenuous situation. h.r. mcmaster, the national security advisor met with the japanese a few days ago, and also the south koreans. he says every day we're getting closer to war. cia director pompeo on fox just
two weeks ago who has all the information at his disposal briefed the president on a regular basis, said the following. we're just months away from north korea having their full objective capability. so what that tells me is, we got to pull out all of the stops now. the fact that russia is backdooring north korea and helping them should not be a surprise to anybody, and for that matter if that is significant help, pressure we put on russia, it means north korea will likely escape any economic collapse and be able to sustain itself. which brings us closer to a military option. i think some things we should do is make certain that all of the other countries have shut down their trading. make certain that china is doing everything it possibly can, if not we should sanction china.
if not, take the gloves off. trish: i am so glad you said that i talked to ambassador bolton about that. he is not in agreement with either of us. that is huge opportunity, painful for american businesses, sure. >> not as painful as the war. and there is some, there is some things that also we can do from the department of defense. i'm going to assume maybe we are doing this, but if we're not, we should conduct cyberattack against their entire information systems and command-and-control now. we should stop sending military families to south korea with their troops. we should be putting plans together to get those other families out of there. the state department should be putting plans together to get 700,000 americans out of south korea. this starts to send messages. we should put on the table a naval blockade of north korea, shut every ship going in there down until we know what it is
and what its cargo is. we have to get tough. we're talking about months from now. listen if there is going to be conflict there, we're an ocean away all of our capability. so i know the pentagon is planning, you know, the kind of capabilities we have to move into the theater. but eventually we're going to see some of that. trish: if we did something like put the naval blockade there, what does that signal to kim jong-un? does that ratchet up his? >> yeah. naval blockade throughout history has always been assumed as an instrument of war. it is an act of war. so he could take that interpretation and therefore he could actually start the conflict. however, if he does that, he knows full well that we will destroy his regime, and it will never ever exist again. so that is what would be on his mind. i don't think -- listen, this, these kind of, every single
option has got to be brought to the president. leaders stood around the table. they lay out in detail, here are the risks associated with it. here are the choices that our opponent has available to him, to do as a result of this action. then the president at some point has to make a decision. we're months away from a showdown with north korea just based on the leaders that are dealing with this every single day and what they're able to say publicly to us. trish: so in other words, you would suggest they start putting their ducks in a row, if we indeed months away having potential nuclear weapon -- >> we have to be prepared to execute. and we can, listen, in my judgment, the best way to prevent war is to fully prepare for it, trish. let him see that. let him see we're real serious. this is not just rhetoric. these are tangible actions and decisions we're taking, and to get inside his head that if you don't denuclearize, this is what
is going to happen. it is not rhetoric. he actually sees policy decisions taking place. trish: ramifications for the actions. general keane, thank you very much. >> good talking to you. trish: taking a look at these markets. good news on the markets. sitting near highs of the session. we're up 272, 26,065. in part apple coming with $300 billion into the economy plus 25,000 jobs they say they will have here in the united states that they're adding. you know, you wouldn't know it if you listen to the mainstream media. you wouldn't know anything actually is good right now, good with our economy, good with our markets, because they just keep focusing on that vulgarity shall we say in the immigration meeting that the president used recently. ceo, ceo, nonetheless crediting tax and regulation reform for current and future growth. we have none other than than businessman and former trump advisor andy puzder with more on that and what's ahead.
trish: here's something that, i'll tell you will not get if you're watching mainstream media. they are not going to tell you how great we're doing. they're not going to tell you that we are in the midst of an economic boom, and, like it or not, it is thanks to the president's pro-growth agenda. you got to sometimes separate the noise from the policy, and that is what we do here every day. this is why if you have been watching this show you would have made a lot of money. take a look. stocks are in record territory right now. small business optimism at all-time high. companies handing out bonuses left and right. most importantly americans are finally getting back to work. they will keep doing more of it. news today, that apple is bringing 20,000 jobs here to the united states of america. news today, that apple is investing into $350 billion into the united states of america over five years. as i saying to put it in
perspective, that is lot of money, obama's 800 billion-dollar stimulus plan that went absolutely nowhere but this is a private company putting money to work? joining me with a look at the economic boom and what is to come, america first policy advisor, former cce restaurant ceo, andy puzder. good to see you. >> trish, thanks. charles: trish: i like a good economic news. the last ten years i felt a little drained from shall we say all the bad news beginning back really in 2007, then just continuing on. now, better than 3% growth. my goodness, 26,000. we were at 25 last week? >> yeah. trish: can it continue though? >> yes, it can continue. what we've been saying, business people have been saying past seven, eight years, if you reduce regulations, if you reduce tax liabilities, if you reduce tax burdens on businesses, businesses will have money. it will energize the economy. people will want to build, they will want to grow.
if you have people wanting to grow, they have the money, they can compensate employees, they compete for employees, which lifts wages which went nowhere during the obama administration. that will invest. there was little investment during the obama administration because people were too nervous to invest. trish: my biggest problem, not to harp on obama here, but my biggest problem with him, well, one of my biggest problems with him, we won't get into that -- >> you don't have enough time. trish: but i draw this sometimes, this is the hourglass economy. this little area, this is the middle class under president obama. this is what got squeezed. he kept promising to help people in the middle class. instead they went down to the bottom. maybe if they were fortunate enough they made it all the way to the top, but we were top heavy and bottom heavy and everybody in the middle was squeezed. and for the first time andy, it feels like someone actually cares about the people in the middle. >> here is the difference. the problem with president obama, i think he was
good-hearted. i don't think he it knew what he was doing. the government can't solve the problem but the government can get out of the way to allow the middle class to solve it them self. they're moving back. the businesses are being let to grow. they incentivize people to open new jobs and businesses. when i was running cke restaurants, there was problem with new franchisees, taxes are too high, they're regulating, obamacare, they are closing the banks. now i talk to the franchisees, now the biggest problem they're trying to find sites to build. they're energized. there is real energy that the government did what it should have done after the recession, it took a step back, go ahead american businesses, see what you can do. this is what american businesses can do. trish: what do you say to those who believed we were in the middle of a massive structural change and there was no hope of
ever getting anything beyond 1 1/2% growth? >> you know what is funny, trish, if you go back to 2010, the geniuses on the president's counsel of economic advisors, larry summers, jason furman, were projecting in 2011 there would be 3.8% gdp growth around in 2014 it would be 4%. based on these policies, coming out of recession there was cycle, no matter what they did they would get the benefits of it. guess what? it didn't happen. bad economic policies means you don't have growth. good economic policies incentivize businesses to grow. guess what they do? they grow. trish: they grow! imagine that. out ever point out to the viewer the president is arriving on capitol hill for a bob dole event. we'll continue watching that for you. but, andy, my goodness, you know, 3%, 4%, jamie dimon, the ceo of jpmorgan saying 4% growth. i spoke with carlos ghosn who
runs nissan mitsubishi. he said these economic policies are really phenomenal. they are revising all estimates for car sales. they didn't think car sales would be so great. now he said we have a much more optimistic picture. >> nissan, another good nashville company where i moved, art laffer lives. nashville is popular place in recent years. more popular with "salt." but it is a growing economy. even the new york fed, this isn't a bastion of conservative economic policy, the new york fed says gdp in the fourth quarter could end up 3.94%. that's huge. trish: i like the sound of that i will be in nashville in february. >> are you doing or interviewing? let me know i will come see. trish: thank you, andy puzder. the mainstream media outdoing itself at the latest white house news briefing, incredulous that the president would be as healthy as he says he is. >> i couldn't even watch it. trish: what's that? >> i was speechless. trish: actually it was pretty funny. they actually, you know, amazing
enough, andy, they seemed angry about it. >> i know. trish: the president wasn't at death's door. they thought he really should be suffering from dim men that or something. >> we opposed president obama. we never wanted him to be ill. trish: no, no. >> exactly. i don't know -- it was weirdest thing to watch. trish: it was really weird. joe concha from "the hill." he will join us how weird it was. the we have some excerpts we want to play for you. i will see you here next. [laughter]. stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com [ phone rings ] how's the college visit? . does it make the short list? yeah, i'm afraid so. it's okay. this is what we've been planning for. knowing what's important to you is why 7 million investors work with edward jones.
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but now is a good time to start thinking about how you want things to be. go long™. >> there was an incident recently where the president appeared to slur his words while giving an address. did you look into what the cause of that middle east been at all? >> are you ruling out things like early onset alzheimer's? are you looking at dementia-like symptoms? >> sometimes sounds like he has sniffles when he is talking. does he have allergies or anything like that? >> when you analyze his cognitive ability or neurological functions that is not the same thing as psychiatric exam or psychological exam. >> does this president ask you about how he could follow his predecessors's example to be as fit as barack obama was? >> explain to me how a guy who eats mcdonald's, fried chicken, diets coax never exercises is in as good a shape as he is in? trish: wonder why didn't they go
after barack obama's smoking habit? joining me, thehill.com, joe concha. what did you think of this? it was kind of funny. >> it was the pronounciation or how do we say this -- trish: don't slur your words. >> very good point. i might have a condition. two narratives were pronounced dead yesterday, that the president has any physical impairment or mental impairment. here is the problem the media has analyzing this president from afar, he watch "doogie howser" or because he unorthodox doesn't make him unstable. presented from overwhelming evidence from a doctor who treated republican and democratic presidents in the past they peppered him for an hour to try to dismiss his findings, including sanjay gupta, chief medical correspondent for cnn, do you think the president has heart disease? dr. ronny jackson said
absolutely not. what does gupta declare on cnn, president trump has heart disease. a little side note. he is a neurologist, not cardiologist. when i mean has my colonoscopy next week i will call a podiatrist. apparently you can jump specialties at this point. trish: almost like they wanted to hear something really bad once again to fit the narrative they have all put forward. it is really, i know, i said it is funny but not really funny if you think about it. this is the president of the united states. and to see such vitriol against him, it is not professional. >> most popular story on "the hill" right now, i wrote about it this "morning joe" scarborough, on msnbc morning host, questioned the weight that dr. jackson came back with. a tangible number. he accused this doctor of lying about his weight. to your point, reflex to the
negative, even when you're presented with other evidence just to make the president look bad in these situations. now they have lost another narrative unfortunately. they will positive vote to something else i'm sure without focusing -- trish: go back to the you know what word. >> 93% of trump supporters don't trust the press. this is "zogby poll." that will jump to 99%, after watching the white house press corps made absolute fools of themselves as they did yesterday. trish: thank you, joe concha. as friday's deadline is looms and there is no clear path to a deal. the sticking point is the immigration. funding for the wall. they don't want to sign off or at least the president doesn't want to sign off unless he get the money. lawmakers. i have an idea for them. i have a way they can find the money, very fast. they need to make one tiny adjustment to the tax law, which would also just be fair and make taxes more fair for everyone and guess what? we can buy 20 walls with this.
my name's dustinhey, dustin. grab a seat. woman: okay. moderator: nice to meet you. have you ever had car trouble in a place like this? (roaring of truck) yes and it was like the worst experience of my life. seven lanes of traffic and i was in the second lane. when i get into my car, i want to know that it's going to get me from point a to point b. well, then i have some good news. chevy is the only brand to receive j.d. power dependability awards for cars, trucks and suvs two years in a row. woman: wait! (laughing) i definitely feel like i'm in a dependable vehicle right now. woman 2: i want a chevy now. woman 3: i know!
. trish: breaking news -- and i love being here on a day like today. i wore green for a reason, right? it's the dow! hitting an all-time high again. we are now up 288 points on the dow jones industrial average. 26,080, and a big part of this is the news out of apple today. we heard apple is bringing $350 billion back home to the united
states of america to invest here in the u.s., and that's a lot of money as i've been pointing out. you think about obama's infrastructure plan, 800 billion and that didn't work out because it wasn't well managed. this is private money from a private company coming back, publicly traded but private sector coming back into the united states of america. they're also talking about creating 20,000 jobs, you know why? tim cook, the ceo says because of tax reform. so some good news there. you know the tax reform plan is very good, certainly on the corporate side, good to see lower rates. america has to be competitive, and on the individual side, i suppose it's good for middle class. i mean, i would have liked them to lower the rates more so for everybody, but you can't have it all, and people will do well, certainly if they're invested in this market. i tell you the one little thing that you know, i talked about this before that did bug me, we have a way to fix it and they
still can fix it is that they didn't do anything with the carried interest. i'm back on that one again because it's about, well, 150, some estimate as much as $180 billion. can you imagine that? that we could save over 10 years. joining me fox business contributor gary kaltbaum. gary, i think the treasury department can go back and look at the tax code and can reinterpret it, just as tim geithner reinterpreted tax code when american businesses wanted to relocate offshore in the shotgun marriages that we called tax inversions. he could go back, mnuchin, that is, and look at this, and if he determines that private equity fat cats are making income rather than investment? there you go, up to $180
billion, you can buy a lot of walls? >> do it in a nanosecond, unfortunately, i think the horse left the barn and the train left the station. i think the money talked in this case, a lot of people got a lot of donations into the coffers in washington, d.c., and by the way, it is a loophole. that's how the loophole stayed in and i doubt they're going to make movement on it. trish: kevin brady said why are we talking about carried interest? who wants to talk about carried interest, they think it's too sophisticated, too dense, too wonky, gary, $180 billion and we need money for the wall. >> that would buy a lot of cake, very simple. i love when they say it's not a big deal, it's small. if it's small, why don't they do it. they don't do it because it's all their buddies and friends, for me, it's a big miss, a bad pr for a couple of days and looks like it's past.
trish: i'm not going to let them get away with it, good to see you. i gotta run, my little girl elizabeth is peter in peter pan today. big school play, i'm excited to see it. elizabeth claman over to you. liz: you're going to miss the big moment. breaking news -- the stock market history books are ready to add a new page. history in the making, don't want to jinx it for the bulls, today will be the day the dow closes above 26,000. this just one day after touching a magical mark but falling away during this hour yesterday by nearly 300 points. it will be the fastest 1,000 point move of all-time as the markets take aim at new records. we also have news developing on capitol hill. you saw the picture on the left-hand side of the screen, that indicates chances of avoiding a government shutdown friday are looking better. this as dignitaries take seats in theda