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tv   Cavuto Coast to Coast  FOX Business  January 17, 2017 12:00pm-2:01pm EST

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talking about hitting decks running he will come into the presidency with great win behind him. i hope more is coming. stuart: three days to go he is the president. all great stuff. thanks for being on the show. ashley, liz. thank you. neil, it is yours. neil: thank you, stuart. we're up to 47 congressman not going to the trump inauguration. that is 10% of the house of representatives. we've never seen that amount. why don't you give people with large investments and give them those seats, doing more than the congressman oing out? that is conjecture. keep in mind with the 47 know-shows on friday, host of fortune 500 ceos and beyond who committed a lot of money to not only jobs in this country but expanded jobs and facilities in this country. gerri willis with all the details on that.
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hey, gerri. >> neil, we have breaking news here, boeing ceo just meeting with donald trump after trump criticized of course the cost of the next generation air force one which boeing was making and they talked about it. here is what dennis muilenburg had to say to the press. >> certifications -- [inaudible] >> provide a better airplane. similarly on fighters we were able to talk about options and capabilities, that will again provide the best capabilities for our warfighters most importantly. >> do you think mr. trump actions on twitter are the right way to negotiate with business, calling you out on twitter? >> i think mr. trump is doing a great job of engaging business. we're all on the same page here. our objective is to provide the best capability of for our country. most importantly we want to generate jobs in the u.s. u.s.
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aerospace industry is highest balance of trade, industrial in the country. we support about 1 1/2 million manufacturing jobs in the u.s. boeing is the biggest exporter in the u.s. we have about 13,000 -- >> bottom line here what they talked about was possibly lowering the cost of that $4 billion air force one. no news that they made any progress. they're at least sitting down talking about it. it is not just boeing, gm today announcing 7,000 u.s. jock created and investing an additional one billion dollars in manufacturing here. the jobs include new and retained jobs tied to investments in new vehicles, advanced technology, component parts. you remember gm was slammed by trump recently for sending a mexican-made chevy cruze to u.s. car dealers. they said it was not because of trump's pressure but was plan adlong time.
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hyundai announced it would invest in $3.1 billion to existing manufacturing facilities in the u.s. and considering building a new plant here. the move could represent thousands of new jobs. they said the investment decision was made before trump's election but repsents, get this, 50% incrse from $2.1 billion invested during the previous five years. now the trump camp reporting after a meeting with bayer and monsanto ceos, bayer ag, the german company committed to $8 billion in new u.s. investment, keeping more than 9,000 u.s. workers and adding 3,000 new high-tech jobs. charlie gasparino first reported that bayer proposed billions of dollars in spending if, if the merger is approved by regulators. monsanto will provide
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skills-based training to a quarter of a million workers by the end of this year. some of those jobs previously planned store expansion. that is the backdrop here, neil, we're seeing a lot of these deals had been in the works. so as you might guess, that they will probably be some criticism from the left but everybody likes more jobs. neil. neil: they're tallying up to be a pretty impressive number of jobs in that. the debate as you said, who is really responsible for that, whether these companies just want to make nice with the president-elect. we do know that is not shared across the aisle with some who are challenging him and not going to his inauguration on friday. gerri willis, thank you very, very much. in our brain room, we have a brain room, that is what they call themselves, brain room, which don't second guess their data. anyway, 47, according to their latest stats, who are not going to the trump inauguration, 47, they're all democratic members of the house, and at number keeps growing.
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there are 194 house democrats. right now a quarter who are skipping the inauguration. we've never seen numbers this high unless you want to go back to different time period in 1860, when abraham lincoln was assuming office and a lot of southern states were peeling off from the country. that was then. very different circumstances now. 13 of 47 house democrats skipping inauguration are from california. furthermore house democrats skipping inauguration are totally from 23 states. this disproportionally california. 67% of those not attending are states that hillary clinton won. i see what is going on here. let's get read from the ron christie and democratic strategist, marjorie clifton. marjorie, what do you make of this? most are from california, 2/3 from states that hillary clinton won. they have an axe to grind and they're grinding it, right?
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>> well, actually a lot is response to two things. congress is out of session. all of washington, d.c. will be flooded with people there for the inauguration and visitors one of the things people claim why they don't go. neil: that's bull. that's bull. that's bull. anyone his or her salt wants a front sit which they get at inauguration. >> bigger issue is in response to john lewis. that was the remarks, tweets that trump put out criticizing john lewis after he commented on legitimacy of presidency. john lewis being iconic civil right hero, someone regarded by many in congress never missed an inauguration, said he would sit this one because he philosophically does not support this president and many of his responses to his comments on african-americans, on women and a lot of critical things. so that has been a big pushback last 24 hours. neil: i agree, probably not the wisest thing on the president elect's part, ron christie, it
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did start with the congressman calling him an illegitimate president. that probably didn't sit well with the pretty volatile mr. trump. any way with a few days to go these guys can patch things up, talk about, whether you like donald trump or not, whether he likes congressman lewis or not, move on, for the good of the country show that we're unified? >> good afternoon, neil. yes, i think they should. i think donald trump and congressman lewis should have a phone conversation at a bare minimum. you're talking about an icon as marjorie said from the civil rights movement, someone who stood by dr. king's side. what did dr. king tell us, not to drink from the cup of bitterness. seems to me john lewis sound very bitter. sound like he is very upset by the election results but we're the beacon of freedom and democracy around the world, neil, we have a peaceful transition of power and donald trump and john lewis have obligation to find ways to work together before he is inaugurated and more importantly
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once he becomes the 45th president of the united states. neil: there is very little danger here of ones who aren't going, since most come from california, an virtually all from states that hillary clinton won, so there is no political brushback for them but do you worry that this set as precedent here? that let's say four years from now a democrat is elected, and republicans say, tit-for-tat, they opt out of going to the inauguration. we make this quadrennial sort of you know what match? >> well i, i worry about just the overarching change and shift in how we, traditions and how we operate around a president in general. so not just around this particular thing. yes, i do think, you know, standing by who we elect is important and coming to the table is important, but i also feel like the way that trump has handled, the way he is taking to twitter, the way he is criticizing people. a lot of decorum and frankly
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tradition we had in place, even in how you appoint cabinets, who you put in the white house, those kinds of things, everything has been taken off the table. this is not presidency like we've ever seen before. the way people talk to each other. the way people interact. i think it is problematic for incoming congress. i think it is problematic for the future. i'm hoping following this presidency there may be a reset across the board. i feel like we need to revisit -- neil: or you could have it in this presidency, right? sometimes takes other events that galvanize that. if you look at it, ron, it could be all these ceo's that are trying to curry favor with the new administration. i know what they're up to. last thing you want is nasty tweet from donald trump embarrassing you and getting your shareholders all agitated. they're playing the game and kudos to them but do you think they lead congress? in other words donald trump's attempt to bo over congressional
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opposition heads, and try to woo the public and beginning with corporate america, to go my way or the highway will be what settles this? >> i think it will, neil. i think it is smart what the president-elect is doing. he is recognize the washington press corps and echo chamber if you will has been very hostile to them. he is taking his message directly to the american people. i think the ceos visiting with trump in trump tower and phone conversations meetings they have had they have been able to iron out really good solutions to keep thousands of jobs here in america. sure, if the president-elect can work with congress, i know we i will. he is also determined i believe he has the opportunity to have the meg phone, take to twitter and social media. neil: i think twitter thing should stop. i know i sound like an old fogy, actually trump is older than i am. it has to stop. i don't think it is presidential. i'm apparently the only one who seems to think that. >> i'm with you.
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>> it's new day, neil. neil: but you're leader of the free world. stop it. >> marjorie, you and i wouldn't do this and neither would neil. neil: ron, are isen to me now, pay attention to me later, this internet will be big. >> neil you have a bridge to sell me too, right. neil: exactly. i know what i'm talking about. thank you both very much. appreciate your insight as always. the dollar, according to donald trump, you know, it is getting too high. in fact it is killing us more is soars, too strong and to quote mr. trump, it is killing us. what happened? the dollar start tanking. not tanking as bad as it was earlier. to market analyst gary b. smith. the strategy, gary b., you reminded me over past several years where you struggle to teach me these things where strong he will dollar can hurt multinationals doing business abroad. you don't want it completely
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trashed but also don't want it leading the world so you need a happy medium. i think these things are overplayed and overtraded. what do you see happening? >> i agree precisely. he is not wrong in that the dollar is hurting us. of course he always goes to the extreme on the hyperbole. it's killing us, yes, it is killing the multinationals as you point out, ibm, caterpillar, that do a lot of exports. that is to be considered. it helps for those doing a lot of imports here into the u.s. neil: good point. >> so the net balance, as best as they can analyze, it may shop off about a half percent on gdp growth. so for growing at 3%, we might grow 2 1/2%. even economists find it hard to really put down the number. i think bottom line is, the president per year comment on the tweets, should not be interjecting himself in monetary policy. neil:.
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i often think companies blame the strong dollar for hurting them, ere is a litimate case to be made, its bac th to your point, but the stronger dollar is reflection of how confidence is built in the united states and that benefits everyone including companies supposedly hurt by exports because as you pointly right out they import more and smaller companies are not affected by swings one way or the other, net-net, the argument is always been the strong dollar is good thing to have. what do you think of that? >> exactly. it is a strong dollar until the big multinationals get together. it is not unprecedented for that to happen. if you go back, i found this interesting, in 1985, once they had kind of tamed inflation, volcker got together and they put together with other countries this plaza accord to stop exactly what we're seeing now. neil: i remember that, september september 1985. >> in 1985. here is what the flip side
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people don't remember, two years later they signed the louvre accord to bring the dollar back down. neil: they always overdo it. they always overdo it. >> then you have to get into the market every day to manipulate the currency. it is kind of like the fed interjecting themselves. you can't be all-knowing, all being oracle and forecast what will happen. neil: you mention a crucial point we all kind of rig currens or try to. i'm not saying we're as bad as the chinese. to mr. trump's point, they do g their cuency and exacted enormous advantages as a result, but they, the chinese always come back just today, talking about the need for free and fettered trade and they don't like the message donald trump is sending. the ironically the country that rigs its currencies the most is complaining about potential tariffs under a trump administration. what do you make of that and the
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fallout? >> i think you're asking for, trump maybe not confusing but mixing up two things. look, the trade, total free trade, we should actually welcome china nip lating it so they can. free trade helps the economy. what trump is focused on trade as opposed to jobs. free trade helps us gain economically. neil: bingo. >> it doesn't necessarily help jobs. i don't know if he is trying to solve a jobs problem with the dollar or trying to solve overall gdp. i think it is former. with jobs, he probably should with yellen try to manipulate, if you will, the value of the dollar. that would certainly help keep more jobs here. but, i don't think they should be getting involved with that. neil: just threat of it. sometimes you don't have to do anything. thank you, my friend. >> exactly. neil: gary b. smith in vero beach, florida.
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i want to switch to washington now. josh earnest is this his last press conference? couple of days to go. oh, it is. we're told president obama is going to come out there and, he might, he might. will he give him the esidenal medal of freedom? they're going out a lot these days. we'll monitor that. this is killing me to stay on this. so i'm not going to. we're waiting for that. if the president comes out, if it happens, well, that is a neal send moment. i don't want to deprive you of it. if he picks up a presidential medal of freedom, it would be two-fer week. more after this. your insurance company
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including depreciation. and if you have more than one liberty mutual policy, you qualify for a multi-policy discount, saving you money on your car and home coverage. call for a free quote today. liberty stands with you™. liberty mutual insurance. neil: i promise we'll keep an eye on this. josh earnest this is his final press briefing with reporters we're hearing.
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it is possible, possible, nothing definite that president obama will go out there to wish him well, send him off. whether he gets presidential medal of freedom like joe biden i don't know. president thinks very highly of him. he is very good with these things, reporters of all types. this middle east be the last of days we see daily briefings of any sort. they're are already hints from the likes of sean spicer, you know, under a trump administration, a, they won't be in that room. b, they might knot be every day and c, they might be out of job. i just added that. many journalists are upset and anxious about the plans that incoming trump administration would have with the media. we're watching it. if somebody happens we'll be on it. president obama, his final press briefing in the same room and same podium is scheduled for tomorrow. if some rumors are right, might be the last time a u.s. president is in that room giving
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a briefing, because that room might go. that use be the you know the white house pool. now it's a briefing room. might return to a pool. so, we'll keep an eye on it. now we're learning with "brexit" it will be fast. they're not wasting time. british prime minister theresa may signaling a clean break from the european union but she stressed not from europe and there is a difference. nile gardiner, former aide to late great, maggie thatcher. nile, what does it mean a break from the european union, not from europe? >> well, that is a very good point, neil. theresa may, did, in my view give a terrific speech this morning in london, outlining a clear vision for "brexit" and for britain's departure from the european union. there is fundamental difference between the eu and europe as a whole. theresa may talked about the
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britain leaving the eu as a single market. britain is once tobrex its, control its own borders and control control flow of immigration into it is country and free trade arrangements across the world including with the united states. and she did emphasize the importance of britain maintaining close relations with european countries, and just because britain is leavi the european union, that does not mean that friendships with european nations are going to end. in fact, i think that in some cases partnerships with key european countries will be strengthened actually following britain's exit from the european union. the e.u. has become a vast multinational monstrosity actually creating a great deal of tension within europe and i think that a british exit from the eu is in britain's national interests. i think also will be a real game
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changer in europe as a whole and it is going to advance the drive for sovereignty and self-determination across europe. neil: you and i talk about this, when we had the first "brexit" vote which shocked the world 52-48% popular vote in favor of britain breaking itself off from the european union, it was feared at the time markets globally would tank and originally there was sort of a shock wave in britain and then it stablized. even on this talk today, the pound rose, so, what are we to make of that? because a lot of people sort of parallel that to what we might expect out of another populist surge in this country, of course the election and now the inauguration of donald trump? and that as this sort of drama unfolds in your wonderful country the same here in ours, what do you think? >> well without a debt "brexit" has been very beneficial for the british economy. since the referendum was held
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last june, you've seen the stock markets soar to all-time highs for the ftse 100. there is a great deal of economic confidence in britain, because "brexit" is about economic freedoms. it is about the ability for britain to negotiate its own free-trade agreements this is good for prosperity of the british people. i think the markets have responded overwhelmingly postively towards "brexit." you have seen the stock markets rising in the united states following the november presidential election. i think anything that drives freedom and liberty and economic prosperity is going to be good for the markets. i think on both sides of the atlantic we have governments committed to free market policies. that's a good thing. neil: neil, thank you very, very much. we were looking a the markets, including your own, donald trump talking again about a new play to get drug pricing under control.
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he thinks a lot of consumers are gouged when it comes to drug prices. there is no reason or justification for these sky-high drug prices set in dark rooms, i'm paraphrasing, he is more or less jawboning, strong-arming, some would say the pharmaceutical industry to do just that. since there are several components within the dow and certainly within the s&p, the drug index of course is heavily and hotly traded one. some interpret that as a sign, oh, he is going to go after these guys. that is more the phenomenon here. not so much what is going on with "brexit" or not. we have two cabinet appointees whose hearings come up later today in about two hours. interior secretary choice montana representative ryan zinke, and education secretary betsy devos.
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adam shapiro is here. adam. >> the devos hear something getting a great deal of attention. that won't start until 5:00. the other thing that is getting a lot of attenti, tom pric health and human services. we have video of mr. price. his hearing takes place tomorrow. the trump administration is fighting back that there was a cnn report about stock trades the representative made before the nomination. what they said or they raised the possibility that the congressman had benefited from investing in a company which then benefited, got to go back to you, neil. neil: thank you, adam. president has shown up at josh earnest's press conference. let's listen in. >> when i first met josh earnest, he was in iowa. i think he was wearing jeans. he looked even younger than he was. and since my entire campaign depended on communications in
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iowa, i gave him a pretty good once over. and there are a couple things you i learnedhim right away. number one, he has just got that all american matinee good looking thing going. that's helpful, let's face it. face made for television. then the guy's name is josh earnest. which if, somebody is speaking on your behalf, is a pretty good name to have. but, what struck me most in addition to his smarts and his maturity, and his actual interest in the issues was his integrity. you know, there are people who
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you meet, who you have a pretty good inkling right off the bat are straight shooters, and were raised to be fundamentally honest and treat people with respect. and there are times where that first impression turns out to be wrong and you're a little disappointed and you see behind the curtain that there's spin and some hype and you know, posturing going on but then there's others who the longer you know them, the better you know them, the more time you spend with them, the more you're tested under tough situations
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the more that initial impression is confirmed. and i have now known this guy for 10 years almost, and i have watched him grow and i have watched him advance, and i have watched him marry. and i have watched him be a father. i have watched him manage younger people coming up behind him and he's never disappointed. he has always been the guy you wanted him to be. and i think that, you know, if you're the president of the united states and you find out that this is the guy who has been voted the most popular press secretary ever by the white house press corps that may make you a little nervous, thinking well, maybe the guy is kind of being too solicitous towards the press.
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but the fact is that he was worthy of that admiration. he is tough and didn't always give you twice everything you wanted but he was always prepared. he was as courteous. he always trd to make sure that he could share with you as much of our thinking and our policy and our vision as possible. and, tried to be as responsive as possible. that is how he trained the rest of his team to be. so, you know, of the folks that i have had the great joy and pleasure of working with over the last 10 years, on this incredible journey, this guy ranks as high as just about anybody i ever worked with. he is not only a great press secretary, but more importantly, he is a really, really good man.
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and i'm really, really proud of him. so, josh, congratulations. >> thank you. [applause] >> natalie and walker, thanks for putting up with all of this because they made sacrifices too. >> president before you go, response to vladmir putin -- >> where are you going on friday? neil: that wraps it up. presidential medal of freedom for you, josh. just saying. it's a week of good-byes. he has been doing this with all key cabinet appointees and those who served him loyally and those include josh earnest, his press secretary. a week of good-byes, and that he will culminate, the president, tomorrow, when he takes to the podium as last time as president of the united states addressing reporters questions. we'll have more after this. i have asthma...
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neil: all right. international monetary fund puts out every few months, i think twice a year, more to the point, these growth forecasts. when it comes to donald trump, it has a good news bad news. the good news, they think between his tax cuts and cutting regulations we're going to see growth in the united states that will lead growth worldwide. the flip side, the bad news is, we'll also likely see some trade wars or some trade tit-for-tat that could involve the chinese and americans and on and on, and
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that would not be good. apple metro ceo zane tankel, impact on trump policies. good news, bad news, what the imf is saying. what do you think? >> i think everything is good news, bad news. you know at the end of the day, neil, someone has to pay at the bottom line. who do we trade with tariffs? neil: countries don't pay that. >> correct. consumer pays on the ground. who do we trade with number one, first and foremost is china, our biggest trading partner. then comes both our borders, ironically mexico and canada, top three trading partners. what do we bring in from them? let's drill down into it. we bring in component parts, computers, we bring in appliances. who buys appliances? you and i. who buys cars? the consumer. if we raise those tariffs on the chinese, particularly, we're not talking about going to war with canada. maybe mexico a little bit but
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not any great degree. it is china. neil: the chinese are ticked. we've already gotten indications from the chinese leader this type of talk is dangerous. >> very dangerous. nobody start as war unless they think they can win. so like the schoolyard bully. he doesn't start a fight with a guy he thinks could knock him out, i think trump is thinking, i don't have to act on this, just the threat will get people to talk to me, and he has been succeeding with that and auto companies around the l >> domestically. neil: he has done it with the germans with mercedes and bmw not convinced? >> i'm not convinced with that. we haven't seen early on, he isn't president yet. that happens friday. neil: let me write that down. >> friday. you have and i are here. neil: no, i will be there. >> i was invited. neil: why aren't you going? are you like the 47 congressman. >> i work for a living. i am worried about my tariffs
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and how i buy a car. i own ad company in detroit. i remember many years ago the first japanese car came in, parked in our parking lot. when the guy came out it was wrecked, yes, sir, it was honest to god. windshield was broken and all keyed. what have you. it was only foreign car in our parking lot. what happened? three weeks later, there were two toyotas in our parking lot. then four toyotas? why? because of economics. at the end of the day if they build it less expensively and build it better, in those days, in those days american cars rattled. they clunked, they were huge gas-guzzlers. japanese started bringing them in. go outside, on sixth, avenue, what do you see, you see toyotas, a kias. neil: you doesn't see a lot of our cars in europe. the president-elect was saying mercedes, bmw, they make great in this deal but we don't see any chevys abroad. now the vice minister of germany
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was saying, if you make better chevys we might have more there. what do you make of that? >> i make it we can't make them economically as they can over there, that simple. it comes down to economics. we're at an extreme disadvantage with the chinese, they can change the renminbi -- democracy has certain disadvantages to it. neil: we're at competitive disadvantage. since you're a big restaurateur as well, applebee's chain, so much more, we've seen the minimum wage go up. i was asking during the break, if we had an impact or see an impact. >> sure. neil: because i have talked to a number of democrats who say, there has been no impact at all. you say what? >> i say they're idealogues and not on the ground and how do they know. how do they know? they're legislators. obama's leaving. he never worked a day in his life in the real world where he had to make a payroll and had to be competitive to the marketplace. he knew how to get elected. he knew how to be a president.
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neil: he is saying trend in higher wages was hurting the economy it is not showing it. >> that is just not true. neil: what are you doing? what are you seeing? >> we are cutting back. we're about 500 people less as we start '17 than we were same day on '16. neil: is that right? >> yes, sir. 500. neil: those people who were they, cooks, waiter, waitress. >> all of the above. neil: who has replaced them, anyone? machines. these things, right? >> exactly. there is technology. as i always say, neil, minimum wage increases by the government is technology's best friend because you will find a way to get around that labor component part of it. going back to trade wars, if you look at the trade wars of the chinese, their wage rates are going to minimum wage, much, much less than ours. if we think we can bring assembly plants back here or components back here, textiles back here, they pay them $3 an hour.
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we'll be paying them $15 an hour, labor generally is 30, 40% of a product. figure out -- neil: donald trump doesn't have much sympathy for that even though companies can argue that math. he will say, i don't care, i want you to have the jobs in the u.s. >> i'm not sure they come here that quickly. where is the infrastructure for them? where is the factories that will be built for them? neil: how do you think he is going to do? >> i think it is unfolding situation. i think he has incredible opportunity to be the greatest of the greatest. neil: really? >> i think he does. neil: what makes you say that. >> because i think he is a business guy, and not just an ideologue. he has his feet on the ground, d has an understanding. neil: very pragmatic. >> he definitely is, he definitely is. now will tweeting win at the end of the day? probably not. he says it avoids the middleman and can get his message out. i think it is kind of dumb myself. >> i think he surround himself with good people. that is dumb.
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like any businessman or any entrepreneur it is who is around you. i happen to know jared kushner a bit. he is super smart guy. neil: treasury secretary. i'm sorry, his son-in-law. what do you think of steve mnuchin his incoming secretary. >> he knows how to get it done. neil: i'm sorry, tax cuts revenue neutral, particularly upper end for guys like you. you will not see more tax savings but simpler tax, what do you think of that? >> if we get tax savings the people at bottom or middle that is it what it is all about the at end of the day. i give you another quick example, when people get their tax refund checks our sales go straight up. neil: is that right? >> for a week or two until they get them. imagine if they have a tax savings all year long, more discretionary income. neil: take-home pay, right. >> they spend it. they spend it where? on consumerrables, spend it on dining out.
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>> what are some of your most popular menu items. >> steak and shrimp parmigana. hamburgers. neil: is that right? anything heart-friendly. >> sure, sure. neilyou're desperately trying to think -- >> i have to give it a little thought. certainly -- neil: one of the most thin restauranttures, being thin and fit. that is mystery to me. zane tankel apple metro ceo. were you listening? i again you're watching fox business you probably were. democrats are pouncing on a cbo scoring of an obama care repeal. you probably figured out that the cbo scoring of the obamacare repeal looking more costly than the thing it is repealing. okay. we've crunched numbers, let's just say, they're in the eyes of the beholder. ♪ made it through many market swings.
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neil: they say the reports that come out of washington sometimes are in the eye of the beholder. a congressional budget office report happenst happens when you repet obamacare without replacing it could lead to 32 million uninsured. that is 20 million you have now and those expected to sign up. house majority whip is tweeting, that misses the point, obamacare will be replaced by lower costs and more choices to. "the hill" jesse burns on fallout from all of that. obviously if you repeal the thing, these people are potentially out of insurance. i believe almost all the republican plans i looks at calls for that staying in place so the people aren't stranded. what do you make of this? >> important to realize the cbo projection is based on a bill that obama ultimately vetoed. the bill did two major things.
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it repealed that penalty, the tax penalties for those that went without insurance, individual mandate, also, eliminated the spending and subsidies for those going on medicaid for lower income people. so, those were two things that it would repeal. so democrats looking at cbo projection will hone on that, if either of those two things are in gop plan could potentially lead to millions of people cbo projects losing health insurance. neil: even though, i asked republicans on i asked this question every which way for the north pole, what will you do for the 20 million that have plans now? i guess this factors in the millions of more would still have them as they're signed up and signed in. they say they're protected. are they? >> well, something that the cbo projections in this bill that congress was essentially based on left in place several key elements of obamacare reform. one of those was allowing or
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essentially having insurers provide standard rates of insurance for individuals regardless of preexiing conditions. now republicans have signaled that is one of the major proponents they would want to keep. and so, it is kind of a mixed bag. part is based on analysis that republicans want to get rid of, they hinted at that. the other part, items that they want to keep, so the cbo project, overall in 10 years, over a decade, 32 million will go out insurance. it is based on 100% plan, half of this plan, republicans are standing behind it at this point. neil: quickly we're noticing republicans are, responded to, from no less than their own president-elect, that they have got to come up with a alternative and fast. the dirty little secret is, it doesn't get much press in the media, they have a lot of plans, actually too many of them, and they can't settle on what is acceptable. rand paul is closest coming up with one that he thinks will have the votes for.
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play this out for me. what do you think is it going to happen? i know they're all intent on repeal. that is already passed the house and senate, the at least the initial stages. how close are they finding alternative or replacement? >> president-elect trump obviously stated he want this to be almost simultaneous. neil: right. >> he wants this right away. we're a few days away from inauguration. we haven't seen any kind of plan. they insist they're in the final stages of one, or at least trump has but we haven't seen details of that. at this point there is room definitely for democrats to seize on this type of report saying look, if you're going with the most recent gop plan, congress passed obama vetoed you will leave 32 million without insurance. unless you come up with a plan that keeps a lot of tenets of obamacare, that would be the best projection. neil: jesse burns, "the hill" associate editor. thanks for joining us. >> thanks, neil. neil: i want to take a peek at
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the dow as we're talking. it is down what we've been down. this is average decline. could have been worse. original concerns on "brexit" fallout when the prime minister of britain indicated this break will be fast. we'll not dillydally bit. that originally kind of shocked folks even though largely expected. thousand that seems to be reflected because we're off our worse levels and the pound is up. the question what happens to our dollar as donald trump starts to question whether it is simply too strong and reverberations on all those multinationals, that could start to worry. after this. your insurance company
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neil: chinese talking potential trade problems, even trade wars with the united states and you have the incoming president
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essentially saying that the dollar is too high, and something is got to be done. nicole petallides on fallout from the stock market. >> that's right. we're seeing dollar under pressure. a mixed market at best. it has been under pressure for the most part to the downside. we were down over 70 points on the dow earlier today. we've come off earlier lows. we're down about 47 points, a quarter of 1% and about half of the dow components have red arrows. financials which did so great since is the election and even on friday, came out with quarterly numbers have come under pressure. goldman sachs for example, is one of the names in the financial group that is under pressure. we're watching that one. we'll get more earnings. we have, we have 33 s&p 500 companies reporting this week. one of which is goldman sachs, up with of the names, that will be on wednesday. that stock is down 2.2%. you ntioned comments from president-elect donald trump pertaining about the dollar being too strong. also talk about corporate tax
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reform that really weighed on things. there is just some profit-taking across the board. also morgan stanley, they had a great quarter. they saw the best profit for the last quarter since the financial crisis. the stock is to the downside much like what we're seeing on a lot of these financials. could see profit-taking. that is down 2.3%. we're keeping eye on unitedhealth. their revenue and profit topped forecasts. down 1 1/2% right now. dow very far away from dow 20,000. we'll watch friday for the inauguration. neil. neil: nicole petallides, thank you very much. we do know that the boeing ceo like his counterpart at lockheed had a powwow with donald trump. we do know like his counterpart at lockheed martin, his relations appear to be a little bit better. what we don't know what made them better. what concessions did he make to the incoming president. united states who is very much concerned about the escalating costs, soaring costs of air force one.
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neil: donald trump has just weeded out a thank you to gm. for a start in the pushback to the u.s. they've committed to thousands of new american jobs. the question of whether that was headed by donald trump. they are happening. that's the bottom line and the president-elect is happy about it. connell mcshane a trump tower with all the details. connell: hey there, neil appeared as the theme of the day meeting between business leaders and tweet about goings-on. the boeing ceo was here earlier. the second reading he's had with president-elect trumka defers our before today at mara blog at a time mr. trump is putting public pressure to cut down the cost of the new air force one.
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he came out and said they could do it for under $4 billion. given his personal commitments his personal commitment saying they you do it for that. so if that is your backdrop, the sequel to the meeting was today here at trump tower and when the boeing ceo is on its way out of here, he said this. >> we talked about a couple of topics we discussed here. the finer aircraft. we made some great progress on air force one, streamlining the process, by using commercial fax. all of that will provide a better airplane at a lower cost. i'm pleased with the progress there. connell: said they are going to work together on that. that does it for the boeing part of the story. i guess mr. trump is adding some earlier comments with the wal-mart tweet he talked about earlier today, jobs that he said
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he's bringing back to the united states. let's take a look at a series of tweets here in the same subject. with all the jobs and bring it back before taking office at the new auto plants coming back into our country and the cost reductions negotiated a military purchases and more, i believe people are seen that stuff. so that came as the incoming press secretary sean spicer essentially confirmed the reporting of charlie gasparino on the company monsanto and e german company come in the two of them are about to merge or working on merging if it's approved. the buyer came out and said they're going to keep all their u.s. jobs here in the u.s. and also spend an additional $8 billion on research. so what died in the wal-mart announcement, a lot of companies now for one reason or another, it's unclear if he can try direct line from the president-elect, but bottom line keeping jobs are committing to keep jobs here in the united
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states. stocks early on even though it's largely expected with british prime minister to refinance with the claim break for the european union. >> ignorant equal partnership between global britain and the e.u. not partial membership for the european union, but the membership of the european union or anything that leaves it out. neil: still up on all of up on olfactory data and daniel hannan, european parliament member. what she said once upon a european union, not out of not out of fear of. can she get out of that? >> sharer. we have an immediate interest in the prosperity of our european friends. prosperous neighbors make the cuomers get the last thing we want thing we want is to live in
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a way that will collapse the e.u. in chaos. she's also made it clear we are going to run our own affairs. we are going to be good neighbors as diplomatic personal ties. they will not cling on some part of membership. neil: a lot of people watching closely here because the same populous way that brought that about come in many argue is the same one that brought donald neil: the white house on friday. what do you make of that and how this ultimately fares? >> i wouldn't push the analogy too far. you just had a program on the job staying in the u.s. and i think a big part of i understand it at the platform if he they didn't want a free trade deal with china. whereas a big part of this we did want a free trade deal. we can't get one bopper in the e.u. and we intend to be a
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global leader in free trade. they will do to come together on a bilateral u.s. u.k. trade deal. that is an obvious one by a business is, while the american owned companies clocking to work for british owned companies. if the single bigst investor in the u.s. the only thing that hasn't been able to foow up until now as the trade. the trade has been controlled by brussels rather than nice and i'm delighted the president-elect has indicated that will change and we confirmed that natural market between us. neil: in the meantime, the chinese complaining about the language they hear out of the president-elect, donald trump and i'm cutting to the chase that is going to lead to trade scuffles. trade wars. what do you think? >> well, i think that would be a
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very bad outcome. trade between the largest and second-largest economy is in the would be disastrous. and it would particularly hurt some of the people who were among the most enthusiastic donald trump voters. a trade for always ends up hurting the people of lowest incomes first. so i hope that there is a way of remembering what really raised the u.s. to greatness, which was engagement in the world commercially. buying and selling you guys have been really good at and wherever practice it always raises standards for everybody. >> right near there is this live across the world. essentially your country from one country to the next most recently. i'm getting a sense for some economists i talk to. that the world is building economic walls and that can't long-term be good.
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i think what they were referring to is the populous way everyone is doing for themselves to benefit themselves in jobs in their country. and this global approach to the economy is gone. would you make make of that fear? >> it is a worry. the last thing we want a smt-hawley 1930s back in my neighbor. that turned what should have been a financial crisis into a prolonged depression. free trade works every time. in the 19th century turned my country and to the wealthiest place in the world. in the 20th century turned singapore from steaming mosquito infested island into gleaming city states. it's now working at magic in chile, australia, and is doing. it works every time. but it's counterintuitive and you have to keep making the argument. during a recent presidential election was somehow difficult to estimate the argument because
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there's always isolated groups of losers and they are very conscious of their losers from free trade. but the games are dispersed and although almost everyone does better, very few people attribute their good torch into the free trade deal. they tend to attribute it to themselves. that's a problem people like me face. we have to show it's working with everybody, particularly the little guy. neil: what happens to you? if the european parliament member of this thing is clear concluded delay. >> i will be unemployed and i will heed a great sigh of relief on the day of my reduction. and do something more productive when it comes into effect. if there's any facts he was now, any fox business news with job offers out there, let me know. tree you something tells me you do not have to worry. european parliament member for
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the time being. thank you very much. good seeing you. >> thank you my friend. neil: in the meantime, all these companies making these big company commitments to the billions of dollars. jeff flock with the details on that. >> germans were hitting back yesterday and today as well against donald trump with the u.s. automakers falling into place. take a look now at what we've got appeared for different on the makers. today the latest with gm has a reported 1500 new jobs may be as many as 7000 they are bringing back on i.t. 5000 key growth areas, billion dollars in investment, jobs back from mexico, 3.1 billion over the next five years. up in the u.s. investment by 50%. fear chrysler earlier a billion dollars, 2000 jobs. for canceling the plane in mexico and investing here
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instead. it looks like on the face of it, donald trump has performed miracles. well, if you look at the fine print of the gm announced it today and i want to put it up there so you can see what they said after trump's tweet comic combination of new and retain jobs are tied to the investments. details of individual projects to be announced throughout the year. my experience uncovering the auto industry as they always do not. different i'll investment. sounds like that is just little dude just little do this here. they've just trotted out the big number at the start of the year and what they typically do. one analyst has done what they called assaulting theater. the automakers on it done anything more than they're going to do. ere's some ground to stand on there. the mercedes-benz dealership here is the biggest selling luxury brand in the u.s. here
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sold well over 300,000 cars in the u.s. every car they bring into the u.s., 2.5% tariff. every car they say cadillacs makes in chips to germany 10% tariff. that may be free trade. i don't know if it's free trade but it certainly doesn't sound like fair trade. that one has got people on the german side of that concerned. neil: well, donald trump makes a valid point on that. >> nobody wants a trade war as he said. but it's not a level playing field right now. neil: no, it is not. thank you, my friend very much. in the meantime, we are getting more democrats adding to that list of protesters not going to donald trump's inauguration on friday. it's up to 53 right now. more than 10% in the united states house of representatives. they are all democrats and they are all angry.
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trained in now way or up to 53 democratic lawmakers who plan to skip donald trump and maturation on friday. the center for urban renewal and education president as well. but you make of this? more than 10% of the house all democrats, most of them stayed in california.
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i've never seen any thing like this. they've been looking forward to the opportunity to get our country back to the founding principles of liberty and limited government to come to washington and celebrate this new opportunity in front of us as a nation. neil: i'm sure you do as well. could you imagine if this were the other way around in a bunch of donald trump utters a republican congressman, let alone eight years ago. but if they were doing this now. >> you're absolutely right. it's not just from california my home state, but also disproportionately the congressional black caucus. they have to give the administration a chance because he's coming in on a promise to fix their inner cities. if you're going to start with we don't want you to do anything. we like the status quo, time for them to move over because we are going to fix our inner cities.
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neil: i talked to a couple of them. they were sympathetic to congressman lewis and some of these others. they said we will work with donald trump beginning next week when its president. i was just perplexed because you don't even honor the fact he will be president. how we work with a guy you don't even recognize as the legitimate president come next week? that's going to be forgotten. >> we don't know there's going to be obstructionist. he asked a legitimate question. why is that after 50 years of the social engineering of the left our schools still broken in our communities that we can't seem to get businesses into these communities. the congressional black caucus has had an opportunity to focus their time and attention on this pulse points in our society and do something. and now they all the sudden fame not going to go to inauguration. i'm going to oppose his confirmation and then we will maybe work with him. we know what that looks like.
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i'm glad we have also the republicans in charge in the congress so that his ideas for fixing our inner cities will come to a floor vote and be signed into law neil: maybe they see this as for tat. republicans did everything president obama wanted to do, so they are just giving back what republicans gave them. but someone's got to be a grown-up year. i don't see that happening, so i see yet another president's term that's going to be defined by how much could teach the is getting done. the difference is republicans -- what's going to happen as this is analogous to barack obama's first two years and that he has the run of the table. that is donald trump having control of the house and the senate, obviously the white house. maybe what we see is republicans running things through because that the only choice they have.
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>> well, they will. but we probably won't see is what happened after democrats rent rings through if we have a tea party because it's not about democrat or republican. we have had the social engineering of left wing big government, massive taxation and it doesn't work for anyone. republicans will have a chance to put their ideas on the table and say freedom and liberty works. i don't expect in two years for democrats, whether they cross their arms are not and say you just get this done. the republicans have enough to really get things done. even if it means going to be hard, we need to first get rid of obamacare. it needs to collapse the authority collapsed. we need to reshape the department of education. we really need them engineering new ideas. all of the departments need to be revolutionary, brought into the 21st century.
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they have a two-year window to do it and they would not have a democrat with them in applying those principles that we know are going to help their country. neil: thank you very much. good seeing you. there is this other site going on with tax cuts. on the point of the tax cuts and hearing the case of the republicans divided. the former treasury secretary of the united states, john snow on how the grand old party sticks together.
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neil: already. this could be a big deal, maybe not. we already know donald trump isn't a lot of opposition for democrats who are not big fans of these type cuts. apparently he's at odds with somebody when it comes to corporate tax cuts. treasury secretary john snow on what will happen next to those
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tax-cut and talk tax reform. secretary, always good to have you. things are coming. >> incoming mail. i'm a compliment to him that great show yesterday honoring gene cernan. he was a great man. neil: a remarkable man. very sad. there is sad. we are back to the bottle back and forth between parties and not interparty tax cuts. some republicans don't want to go crazy with these things because they looking at the deficit and the debt and others are more aggressive. i don't know who's been working on. i do not look like donald trump wants to be a little more aggressive than particularly some senate republicans. but you know this better than i. what's your sense of where they stand? neil: >> meal, we need tax reform. the tax rates are too high and it penalizes our ability to be competitive in the economy. it penalizes project to the deep and wage rates.
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we need broad base tax refor there's a lot of merit i think and what the public can have, the so-called ryan plan. border adjustability was part of the proposals we came up with what the tax commission out of the treasury department under the bush years. it has some merit. i hope it will be looked at seriously. we need a more level playing field for u.s. firms compete in global markets. the border adjustability as one way to create a more level playing field. neil: you know, the difference now talking tax cuts much like talking spending budgets and all the rest is that our debt is so much higher right now. we are approaching $20 trillion in react like it's a big deal if they get the dataset to a round, you know, half a trillion. we've made progress. i guess the question going forward bad is what are we
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really looking not in your eyes. by definition that would mean the tax guide in the corporate or personal rate side can't be that big because we've heard that mitch mcconnell he wants to keep the revenue to grow. >> deficits do count and they matter and they need to be taken into account. the structural issue in the u.s. onomy with this low productivity and we need to fix low edit to begin the way to fix low credit kennedy is taxes and regulatory reform and remove the regulations and get in the way of the output of american firms. so it's going to be a balance, but the first priority right now is to get product to the
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dieppe -- productivity up and fixing the excessive regulation that has become so much part and parcel of washington. neil: nl, i heard the incoming heat soared to sound surprising that i want to make it clear that on the rich their tax cut will go down but will be offset by putting the limited production and allowed if they can write off. as a result of a big revenue neutral. they will welcome them but it won't be a big tax cut. i talked to a lot of rich folks and they start saying wait a minute. i thought we were going to get a tax cut and now they feel that they are not. what do you think of that? >> the important thing about tax reform is to make the system more efficient, to make it work better, to increase as i said
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earlier, increase product cavity and release more of the energy of the american workers and much from yours. said the purpose of tax cuts is poerake one class richer or the purpose of tax cuts is to ma the whole system work better. in that sense, i think that's what the secretary designate is talking about. i would agree with them. tax reform to be the object is and that's a simpler, fairer and lower and then let the economy carry out the consequences of a better tax system, which i am confident reforming the tax system will produce higher growth, higher productivity and in the long run greater prosperity for americans. neil: do now, i'd like to believe that the case, but i also like to believe that tax cuts don't see them, even if it simpler. most of the richer companies in general and i'm not meeting their different i understand
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not. simpler or not, they are not going to be happy campers. they would welcome something simpler. everyone is dead and getting more money in their paychecks. >> that's for sure. without any doubt. i think with tax reform, most people will find over time they get more in their paychecks. tax cuts have to be paid for. tax cut don't pay for themselves. neil: you are not in you are not in that you are not in that camp, secretary of defense gore them dynamically. it's not like spending, they don't pay for themselves up front, but the revenue comes then as people start anymore about money. more revenue comes in to washington. you're not a total buyer of that? >> not a total buyer. some money comes back. the most economic studies indicate something on the order
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of up to 40% comes back but that leaves a gap. that tax cuts pay for themselves. they make it more efficient and productive and raise long-term gdp and helps pay for tax cuts. something else has to give very well. >> tanks, always good to be with you. neil: stay right here. you heard but democrats say about the cost of the obamacare repeal effort of republicans and now they are waving the republicans ceo report that confirms their worst fears that millions, more than 30 million are going to lose their coverage. republican firing back.
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neil: all right, i already ld but the democrats who are convinced republican efforts to unravel obamacare is going to cost plenty and sacrifice more than 30 million americans who have gotten or stand to get health care insurance. blake burman in washington with what they're firing back with. blake? reporter: neil, democrats at
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this point saying i told you so. congressional budget office with new report, if obamacare were to be repealed, roughly 30 million americans would lose health insurance during the decade, republicans are saying this whole report, cbo report is pointless because it does not include what might come with the replace portion of it, to offset all of that. give you a couple reactions. start first with the office of house speaker paul ryan. here is what is spokesperson said. this projection is meaningless, it takes into no accounts no measures to replace law or no actions incoming administration will take place to revitalize the individual market that has been decimated by obamacare. also on the republican leadership side, congressman steve scalise tweets out following, the cbo report assumes no obamacare replacement. in reality we'll provide people with coverage that they want and can actually use. that is what republicans are saying. the democrats though, thr
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point is, the numbers don't lie. just take a lo at them. nancy pelosi, she puout this statement today, quoting again, republicans need to wake up to brutal impact that the repealing aca will have on the lives of their constituents. behind each of these statistics are stories of millions of americans whose loves hang in the balance. democrats clearly saying, neil, look, there is this report. we told you so,republicans on the other hand saying that the report is worth about the piece of paper that it is printed on. neil. neil: here we go. blake burman, thank you very, very much. we told but 53, latest count, democratic congressman who are not going to the donald trump inauguration on friday. i've been trying to reach out to any of one of those. we've got ralph nader coming up here. i wonder what he thinks of that? we've got charlie gasparino coming up. he was telling us out there, this $8 billion commitment. more on that after this.
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neil: bayer committing eight billion dollars for research and development, creating 8,000 jobs. charlie gasparino, is here. is that all trump they're saying? >> we broke the story this morning. i got wind the negotiations. what's interesting about this 3,000 jobs, think over a period of time, and $8 billion, father-in-lawly significant r&d investment -- fairly significant r&d investment if it goes through and needs u.s. justice department approval and e.u. approval -- neil: is that a way of greasing the skids. >> this is payola. if it is payola keeping americans employed, who cares. neil: very good point. >> but the fascinating thing from what i understand inside the meetings that bayer and monsanto were having with the
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trump people it was predicated less on them doing their patriotic duty and more on a business decision, and i think this is a good thing. it was predicated on them believing that donald trump will significant lower taxes for corporations and predicated on the fact that regulations would be less onerous. there are a gazillion environmental regulations out there bayer gets trapped into and raises costs and monsanto because they're a big agricultural company. the corporate tax rate which is at 39% state and federal, 35 with just federal, if you bring it down to 15 that is a good thing. this is where the devil meets the details, neil. will donald trump go through with his tax and regulatory cuts? one of the reasons markets are skiddish, listen, markets have gone up greatly since he was elected. take it from january 1, it's a different story. neil: but they ran up far and fast but were due for a little of this, right?
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>> there is skittishness priced into the market. he is talking a lot about repealing obamacare first and replacement with whatever. walls. infrastructure spending, talking down the dollar. talking down biotech stocks. all these things. neil: for these drug guys talking about the way we price drugs. >> that's it. neil: is this their counter to that trying to get him off their you know what? >> and tariffs. if he doesn't go through with the regulatory stuff, well, i mean they will do a 180. neil: you raise a good point though. i touched on it with john snow, former treasury secretary. he is in the camp of moderate establishment republican. >> sure. neil: i like tax cuts, neil, they have to be paid for. revenue neutral. the mitch mcconnell argument. so real reaganesque supply side thirst for big ol' tax cuts if that is the prevailing view, deficits, debt, all that, ain't going to happen. >> well -- neil: all these companies, they're not going to be happy. >> here is the problem these companies will have.
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there will be stimulus. we know that. neil: right. >> but will the tax cuts be watered down by the infrastructure stimulus and building the wall? neil: will there be enough to make them want to stay? >> what do you think works better, barack obama's infrastructure plan or reagan's tax cut plan ushered in by jack kemp and, kemp roth tax cut plan? i would say the kemp roth tax cut plan, be sherred in by ronald reagan. neil: that is the only stimulus left because the federal reserve will certainly be hiking interest rates. >> they can't really. neil: that is the only weapon in the arsenal. >> you do you think infrastructure spending works? and suppose, you this is where it gets icky for these guys, ese corpatio cutting these deals. suppose the corporate tax rates and tax cuts for individuals that generally are the reasons why jobs are staying here. that is what they're talk about, for the time-being, suppose that gets watered down because donald has a fetish for building that wall with mexico, an
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infrastructure spending, as we know from obama -- neil: if it is big you enough with infrastructure, trillion dollars. my gosh, their argument is some of that has to stick, right? >> it didn't stick for obama too well. you remember what they were saying -- neil: what was his stimulus in the beginning? a little over 800 billion? >> here is interesting things, if you do this, unemployment would dip here to here, to here. they were all wrong. unemployment shot up little bit. neil: that is when the federal reserve came to the rescue with interest rates at zero. >> yes. neil: what happens if walmart creates 10,000 jobs, gm wants one billion investment, hyundai is looking for $3 billion investment, these regulations don't go down, these taxes don't go down, these guys potentially reverse that? >> yeah. they're going to do what is the in the best interest for their shareholders. they have officially obligation to do so, what they're basing, if you talk to these guys, this was in the bayer monsanto meetings, if you talk about
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that, they have been pretty up front on this, they are committing because they believe taxes and regulations will go down. neil: that doesn't happen. >> that doesn't happen, this will be reversed. neil: right now the new emperor is coming in and they're afraid of him. if he doesn't deliver the goods he will be like the guy without the clothes. who cares. >> they have a corporate responsibility to shareholders to turn a profit. if they get screwed here because donald trump forgot to cut their taxes because he wanted to build a wall in mexico and couldn't spend on both there is going to be a problem. neil: still, have we ever seen a president-elect get half of this stuff done? >> you're absolutely right. i could tell you people in meeting with him, find him to be engaging, smart, -- neil: supposed to be very funny. >> he is funny. the perception you saw in the press conference, you know, him calling people out and everything, is different than in these meetings. it is like a business meeting.
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neil: yeah you and i covered him for decades. we know he is quite different than this guy on the stump. >> he can go both ways. listen, donald has a tum per. you and both know -- temper. neil: that is one of his fari lines. yoknow it and i know it. >> not taking any crap from nobody. neil: mark does it, you know it. i know it. >> this was disgusting. neil: you're disgusting. >> i'm a germaphobe. neil: look at, all right, thank you, my friend. he is on top of all this stuff simultaneously. charlie gasparino. one of my favorite guests i ever had on the show. he is back again. first to chat with him in the new year, ralph nader. what does he make of all the machinations of yelling an screaming back and forth. (bell chimes) ♪ nice work brother dominic. now we just need 500 more...
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neil: we're about ten minutes away, maybe 30 minutes away from the confirmation hearings resuming, this time with interior secretary choice, montana congressman and former navy seal ryan zinke. we're 5:00 p.m. eastern, another three or so hours away from the education secretary choice, betsy deif that will be a fiery afair. we're getting word of another controversial choice, that is the fast-food executive andy puzder, the president-elect's choice to be the next labor secretary. that is slated for february 2nd. so well after the inauguration. but then in the middle of all of this we have all of these lawmakers, 53 strong now, not going to the inauguration, and you've bottom the ajita of these hearings. charlie gasparino with us here as we wait and hunt for our guest, ralph nader. we lost him.
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do you make of this? >> they come across as children. listen -- neil: you don't like it? you don't like the results of the election. >> it is their constitutional right to show up if they want. neil: absolutely. >> but -- neil: can you imagine if republicans did this eight years ago. >> one thing i would say, you're right about that. if they were trying to delegitimatize barack obama's presidency, but one thing i will say donald trump does invite a degree of this. he was original person who questioned, he led the "birther" movement. neil: "birther" movement, right. >> so there is just desserts here. he was questioning the legitimacy of hillary clinton winning before he won, right. >> so he is getting payback now. neil: we were expecting this out of him losing, right? >> right. neil: then he wins. so now, i think you're right, back to the "birther" issue, back to words he said on the campaign, but now it's, it's kind of getting ridiculous. >> it is ridiculous because he won fair and square, right?
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neil: system we have electoral vote. >> and you know, you know -- neil: i should point out seven out of 10 of these congressman are from california, a state hillary clinton won big and wrapped up popular vote. >> they're totally safe. neil: very safe. most of them are in states hillary clinton won, period, so they feel secure. >> you know, it is being boycotted by a lot of entities of the left. hollywood is boycotted it is. music industry largely boycotted it. the left is losing their minds over a trump presidency. by the way, before he ran this campaign, they couldn't get enough of him. he was on nbc. all, they all loved him. they all kissed his rear end constantly. so it is interesting that they're now back-stabbing him. we never back-stabbed him. i -- neil: we prefer stabbing. >> it was all frontal what i did what we did with him. neil: there is something to be said, we know enough in dealings with him, if you say something that doesn't agree with him, he
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lets you know it. >> he also has a short memory. this is the good thing about him. he, if representative lewis ever went to him, listen, let's patch things up. neil: he would. in a second. look what he did with mittomney. >> he just doesn't hold grudges out of a president. neil: maybe with alec baldwin. maybe with alec baldwin. >> you don't find that a little funny? neil: very funny. one of the things i say, i always hear from his people when i say this, i like doing it, because i always hear, stop tweeting. stop the tweeting stuff. you're leader of the free world. stop commenting on "saturday night live." symptom commenting on actresses an actresses what they are saying about you. you are bigger than they are. you have the most commanding role in the planet, embrace it, enjoy it. >> you know, i don't mind him doing on the, listen i worry about him doing stuff that targets companies, destroying their stock forcing them to do stuff. that is borderline --
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neil: criticizing alec baldwin or "saturday night live," that presidential? kind of stuff you and i would do. >> you should see my twitter feed. that is all i do every day. neil: i wish he would stop that that part of who he is. he has almost 50 million followers, 46 million. >> he uses twitter effectively. neil: his point of view, he bypasses the press corps. this event tomorrow with barack obama and white house briefing room, that could be last time we have reporters briefing in that room. it could go back to being a pool. >> they develop algorithms that twitter, whatever he says. they're all focused on it to get a front on stocks he is going to move. neil: i love that coach who screwed up, instar face. giving all the wrong names. >> i about the way he does screw up on twitter every now and then. today he tweeted out this other ivanka, not his daughter. neil: is that right? >> imagine if he wants to say
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screw you to the chinese? neil: that is danger of an additional segment. >> you can say screw. screw you to the chinese and gets it mixed up with putin and they start firing? neil: oh, we can't say screw. >> can we talk about yellow rivers? neil: more after this.
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neil: all right. we were just talking about what a long political drama this has been, and you think of the brits and how they do it in a hundred days where it's first talked
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about having a quick election, and everything is done in 60 days. and be then this has really gone on since, what, the latter part of 2015, all through 2016. there was that brief period, i was out one or two days last summer, and then all the dates and then the election, then the picking of the cabinet and all the consternation over that, and it all culminates on friday. speaking of cabinet appointees and the confirmation hearings, we're going to have the interior secretary one coming up in about 15 minutes more montana congressman ryan zinke, then the education secretary, a great deal of controversy around betsy devos and her plan for charter schools. and then we're also going to have andy putser in, that's slated for february 2nd, well after the president's inauguration. so donald trump will be assuming office with very likely only a
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few cabinet members being able to join him. that is not unusual, but at this time he has said that he wanted to hit the ground running. he won't have many to be running with. all right. trish regan, to you. trish: tha y so much, all rit. we're just three days away right now from the inauguration, and the left still in denial, refusing to recognize the fact the, the very fact that americans elected donald trump. you voted him into office. and yet now over 50 democratic lawmakers are boycotting the inauguration? they are undermining the very system of government that we have prided ourselves on for hundreds of years. for what? i'm trish regan. welcome, everyone, to "the intense report." one -- the intelligence report. georgia congressman john lewis is not just sitting out the inauguration, you may have heard he's questioning the very legitimacy of trump's victory. but

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