Transcripts For FBC Mornings With Maria Bartiromo 20171115

Senate and in the house of representatives and well have the votes but we take nothing for granted. Trade to the latest is President Trump the latest is President Trump all the latest as President Trump will visit capitol hill tomorrow to push lawmakers to get a deal done by the end of the year. Target, watching for the numbers and well have that tomorrow. Futures meanwhile show it but give them a sharp selloff but the dow industrials down 130 points. Nasdaq down 33 points. Markets pulling back with european markets similar story. European indies to the ft 100 down two thirds of a percent. Dax down better than 1 . In asia overnight stocks were lower across the board. The light is dimming for General Electric. Another terrible day yesterday down 13 . The Company Announced dividend cuts and restructuring plans. The American People coming out. Papa johns offers an apology for divisive nfl and the remarks. Plus, played the border wall game. How cards against humanity for his to stop a planned for the southern border wall with players tall. Join me to talk all about it. Kevin kelly on the wall street journal Editorial Page Editor James Freeman. Great to see you. Its going to be crazy packed the next couple weeks because i didnt see the individual mandate coming. We know senator cruz told you that wanted to take a lot of the stuff and put them into tax bill. Looks like we will get a tight package deal. You think this will look the way it looks today are very different . I think a lot to a lot to happen before we get done with this. I will be surprised. Getting rid of the mandate, big deal. 318 billion over 10 years. A lot of wiggle room. Knocked down by half a percent. A full percentage point at some of these taxes on middle income people. Therell not get anything done with these little ones. You see a very different. On this they are. They all want to get it done. Eventually once its clear they will pass it anyway. Donald trump one. You will think those congressmen and senators from those states will vote. They will not vote 51. Outthink Chuck Schumer will let them. Woodcutter big show ahead. Stay with us. Joining the conversation, white house director of legislative Affairs Mark Short is that the spirit conference chair, congresswoman Cathy Mcmorris rogers Cathy Mcmorris rogers is with us today. Chief of staff karl rove is that the syrian actress sandra blondies cocktails come a host of the Jenny Mccarthy show on sirius radio, Jenny Mccarthy stopped by. Plus the cofounder of case and author of on power, gene simmons is here as well. You dont want to miss a moment of it. We kick it off here. Adding a provision to new tax bill that would repeal the mandate that all americans have Health Insurance. Renewing pressure on lawmakers has been a part of the overhaul. Mike pence says hes confident republicans can secure the vote to pass a tax bill regardless of the outcome in the chaotic senate race. We believe we will have the vote that we are making steady progress in the senate and house of representatives and we are taking nothing for granted. Let me also say regardless of the outcome in an upcoming special election the American People in Political Parties need tax relief. Republicans could not pass repeal of the senate what do you think . Does this make passing tax reform a bit harder . It makes it easier. Weve got more middleclass tax cuts. Thats good. I would direct a third of that money to start in the corporate cuts in year one instead of 202019, but it makes it easier and it doesnt have been a difficult stuff with health care before the big difficulty they was talking about rain in entitlement programs, tried to change the longterm disaster and youre not taking anyones benefits. And therefore tax cut to low income and middle income people. You have to give germs around the entitlement. They force people to buy something they dont want. How will this play out in the house . We dont know that yet. Is this going to give cover for those representatives in states where its going to affect them . The repeal of the deduction. Lets see how that plays out because we dont know. It just shows how the house is one thing in the senate does another. We seen that play out over the last couple weeks. I think theres a lot of global issues behind the selloff. Gold look at the pickup bed nervousness about what will play out next year especially policies. They will raise rates in december, possibly two to three times next year. Divergence of Monetary Policy around the globe. Big question today as well and we get a big tax cut. 13 million more americans over 10 years will not have health care. Thats a bad idea. The reality is that the administration wanted to cancel the mandate, they could do it administratively. This doesnt take the senate to do it. It is essentially mnuchin could stay to stop enforcement into a. Wav. Costs will go up for policies and expect democrats to drop her an onboard. Cuts are going up regardless. The beauty of this under the crazy budget rules theyve all accepted, you get to cut another 300 plus billion over 10 years and thats why its even easier in the house. Some of the money probably goes to some kind of stared local carveout. Has probably appeared some kind of an agreement because peter king is pushing the new york congressman. He took in the budget director over these these deductions, state and local Tax Deductions which are reduced, eliminated completely. From san diego to tax reform, mick mulvaney. They subsidize the state of South Carolina. The height of the residents. He does have a point here. If you look at this. States like South Carolina for every 5 they pay out. So theyre actually getting a net benefit of 4 into their state. They are not affected by this stage. In that way its a political document. Something will have to give has to have the conversation of the senate and the house. Stop incentivizing blue states to keep high taxes. You would think this would pressure the governor and mayor said this high state taxes and cities to lower taxes. Would have been in meantime to those people with the taxes. Theyre the folks who really get hurt. 10 and they were the ones getting penalized. Bat is really good for a lot of high income blue states. The amt doesnt a lot of new yorkers. His tie and what is the purpose of this plan . To grow the economy. Is it to subsidize every word distortions or allow the government to collect money while doing the least harm to the economy. A progress manager because all this is doing in the tax code is not giving us any growth. Just encouraging to keep taxes high. He is correct on that because of a 45 Million People are subject. Thats not an offset. That will cover all of california, all of new york. I am for getting rid of these deductions. Thats fine. I agree with your argument. But they failed under the reagan plan as well. He was a hotbed issue now and im surprised if theyre trying to get something done by christmas, why are they focusing on this . I get it is for the revenues. They are way too high for the very people making money, spending money. They are paying the taxes. Why tell those people, leave your state, move out of new york, california. Thats not going to happen. Do you think the new york governor will turn around tomorrow . I dont think so. Maria cities are at a lower taxes. Its not going to do it again. Theres a possibility you pose in spending. Every governor in this region is where pressure to reform. The leader of the pack is moved to europe from the 49th worst the 49th ranking to the 44th pick still very heavily taxed state. New jersey is dead last and we just voted for more tax increases. I love the oped yesterday in the journal gets the conversation weve been having here to very well trigger an exodus of people out of new york in high tax states. We will see. But i do agree that point to this plan is a growth plan to lower Corporate Taxes the incentives got to give. You cant expect growth to pay for one part per trillion dollars of all of it. I would cut taxes. They want offsets this is what theres big money in there that a lot going on in this plan. But as they come out and sympathetic coverage and corporations because those are the folks that employ people. Theyve got to pay for it. The Business Card are costing 900 billion. The moneys got a come from somewhere. It does have to come from somewhere. You cant hold accountable the federal elected members of congress or the state legislature. So peking is that why you hold me accountable. Hes trying to take care of his constituents. Hell do it if you change your talking about is focused on state legislatures and governors. Dont hold peter king accountable. Dont want peter king accountable. They put it on the list in terms of targets for 28 team. Hes answering a lot of issues here. Well keep talking about this. While targeted the bolt on. Theyre gearing up to report the Third Quarter before the bell. Cards against humanity versus President Trump. Wait until you hear this one. Stay with us. When i received the diagnosis, i knew, whatever it takes, wherever i have to go. Im beating this. Breast Cancer Treatment is continuing to evolve. Ctca is definitely on the cusp of those changes. We really focus on taking the time with each individual patient so they can choose the treatment appropriate for them. I empower women with choices. Its not just picking a surgeon. Its picking the care team, and feeling secure where you are. Visit cancercenter. Com breast Appointments Available now. Another day of work. Why do you do it . Its not just a pay check, you actually like what you do. Even love it. And today, you can do things you never could before. Youre developing ai applications on the cloud. Finding insights hidden in decades of medical documents. And securing millions of iot sensors. So get back to it. And do the best work of your life. When it might be time to buy or sell . With fidelitys realtime analytics, youll get clear, actionable alerts about potential Investment Opportunities in real time. Fidelity. Open an account today. Maria welcome back. Learning more this morning about the shooting of Police Say Gunmen on for many california. Lauren simonetti with the details. [inaudible] very, very disturbing. Moving onto its going on in zimbabwe. Much political unrest. Better that the military now expressing support for how last nights of violent political unrest was handled by the army and what the union is calling a bloodless correction. Zimbabwes military took over control of state television and also an international airport. They also took action against members of president robert macaulays government. The president has spoken and says he is fine but confined to his home. Big deals for the playmakers airbus with 430 jets linked to a private equity group Indigo Partners that has taken the fastestgrowing lowcost carriers. The deal coming with a price tag of get the of 50 billion paid at the same time announcing a 27 billion deal with dubai of the united arab emirates. Fly dubai has 325 planes. The best performer this year that 68 . And theres this. Lulus description unlimited customers starts on friday. Tmobile offers netflix, at t, hbo tonight has spread with an offering as well, shares down 30 . So far this year. Drink tea and i love that chart on boeing. Doing so well. Not only are they looking out a contract, government contracts, but also responding to an incredible demand story in terms of commercial air space. Thats an indicator of the economy. The ceo we talked to them a week or so ago. Its exciting to see the whole world growing at the same time. What sort of industries are going to be doing well when the whole world is growing. They are putting their true minors together in South Carolina, shipping them overseas as you mentioned. The first countries that ordered were overseas for the new 787 tree minor. When he joined us he said 80 of the people on the planet have never been on a plane. When you look at the runway in terms of the growth expectations to come. Its not amazing . Well take a break. General electric breaking down investor reaction. Following the company cutting the dividend by 50 . Strata had good 15 in two days. Papa johns delivery and apology following their ceos comment on the nfl protests. How customers responded later this hour. Back in a moment. [vo] progress is an unstoppable force. The season of audi sales event is here. Audi will cover your first months lease payment on select models during the season of audi sales event. Think has exposure to energyfund infrastructure mlps . Think again. Its time to shake up your lineup. The alerian mlp etf can diversify your equity portfolio and add potential income. Bring amlp into the game. Before investing, consider the Funds Investment objectives, risks, charges, and expenses. Read the prospectus carefully at alpsfunds. Com amlp maria saving america from the deadly opioid epidemic. 33,000 opiate related deaths every year according to the cdc. A new governmentsponsored study shows that a troll, nonnarcotic is the first time that works just as well as their product for opioid dependence treatment. Join us on a fox business exclusivist chairman and ceo, richard potts, good to see you. Thank you for joining us. Congratulations on this breakthrough. We were just talking to me since 60,000 people die from opioid. Well, this is an epidemic of unprecedented proportions. Dwarfing other medical conditions in terms of not just patients, the families in the community, criminal justice systems. Here is what is amazing. 60,000 people are going to die in only three fda approved medicines. Compare that to cancer, infectious diseases. Only three in that slide was announced last night is so important because it shows medicines or affect his come equally affect you then see, not using them enough. Its an important tool for just an epidemic in the country. Maria but the difference between their patrol and other drugs . A good question because theyre fundamentally different philosophically. The drugs trusted for their patrol, our drug which is a menace in is a medicine that blocks opiate receptors in the brain given by injection once a month. You go on through detox or you are drug free, the injection once a month and for the fda label it prevents relapse to opioid dependence. The other two medicines or replacement opioids, so you use these to keep people from source industrybased terra wind, replace them with mena said that then sells opioids but to be medically useful because they keep people from getting in trouble. There was no it double Wide Research and theres still none the stay opioids are effective for treating and theres no research or double wide studies supporting this. You have researched and two different studies. The study came out yesterday about how your product actually works for people at the bit to opioids. Correct. There was a study a month ago, a large study in norway which shows the box found versus their patrol. These two philosophically different approaches and showed them equally affect this. The study last night at the National Institute of health recapitulated those stated in the u. S. And showed that the matrox was equally affect it. We really shouldnt be pitting one versus the other. They are both effective. What does affect his mean . A thousand patients come a few thousand patients. How many get over the problem . Or the statistical analysis, in this case, how long people remain absent for drugfree during the course of the day. Part of the fighting for the study were not just medicines that work well, but not doing it good enough job of keeping people in the medicine. Lets put down the discussion of whether the drugs work or not. They work equally well in patients should get access. That is my question. As i understand that come in terms administration is in favor of the solution your company is offering. Not keeping people addicted to opioids, but what your drug does, do you see the trend administration making them available to people who are fighting them . Governor christie as you know in their final report was issued november 1st and its an excellent report, comprehensive about treatment and prevention in utilization cover so they are very much in favor of using new techniques to address the crisis. Is also nonhabit forming. The only medicine that doesnt have any active potential itself. It blocks opiate receptors and prevents opioids in the brain. Maria so what happens to me take a painkiller, opioid and you get addicted and you look for the drug somewhere else in some of these people are going to. Is that what happens . When Philip Seymour hoffman, the actor died in your kid 70 bags of hair would in his apartment and his kid waiting for them at the playground. The problem is the street is prescription opioid cost about 1 dollar a milligram. So do tolerance to opioid, is incredibly cheap. The bag is 5. And so once you reach the point where you need more and more common you by that and all that are flooding the streets now. Maria really explained it so well. Thank you so much. Thank you. Richard pops. Investors eyeing target this morning. The retail giant gearing up towards Third Quarter. The yearlong sales on. Halting the unlimited use. By the Subscription Service to stop before it even launched. That is next. Stay with us. Thank you, guys. This was great. When we love someone, we want to do right by them. What is this . But habits are hard to break. Honey, where are the habaneros . And then there are things we cant control, like snoring. snoring now, the answer is right under your nose. Introducing theravent antisnore strips. Clinically shown to reduce snoring with the power of your own breathing. Nice try. There are always things that are hard to let go of. Now, snoring isnt one of them. Theravent. The answer is right under your nose. Welcome back a good wednesday morning everyone. Happy wednesday to you. It is wednesday november 15 top stories right now 6 30 a. M. On the east coast. Retail and focus this morning. I will better than expected. Revenue at 16. 6 billion. The stock right now is up 2 . Done 135 points. Nasdaq down about 135 points right now. Have a the negative tone of this money. Its down one and one third . The stocks closed lower. It is down in the premarket. As a largest u. S. Industrial company. Harassment on the hill. Congress is now in the spotlight after one lawmaker claims Sexual Misconduct in the nations capital. There are two members of Congress Republican and democrat right now who serve hope and subject to review. But have engaged in Sexual Harassment. The taxpayer money has been used to do to help victims pay out that money. Papa johns taking back comments from the intimate protest. Playing the border wall game came cards against humanity plans to stop present trumps big plans for our southern borders with players help. We will get to that coming up. The retail giant is reporting thirdquarter earnings. The company said they are very confident in their Holiday Season plants. Tom thank you so much for joining us. We want to get your thoughts on target right now as well as the retail segment. Give us a sense of where the money is moving it right now. Good news today it was nice to see that. Their online sales still is only 4. 4 percent. So that is going to be ongoing drag as we go forward. It is the biggest hub out there. Most of the big box retailers as weve seen this year. Have suffered. Its almost up almost 30 . We will continue to see these types of trends continue. Im going online in the great deals as opposed to having to trudge through stores that are somewhat packed and may not had what im looking for. Their online sales were up from the recent Earnings Report today i am seen emceeing target actually report that their thirdquarter Digital Sales were up a 24 this is all good. People are shopping instore and online do you see the trend going into some of those smart beta etf. People are looking at the select sector spider. Then you have netflix. Are there other areas of refuge to get that retail exposure. You really had to have a different mindset. Its not just the site is here in the u. S. But around the world. Online retail is going to continue to Grow Companies like target cant do things like bring more people in. They are to continue to suffer. There are other opportunities because not only retail is more expensive here in the u. S. But overseas markets like the emerging markets have some great opportunities in power power shares. They are both companies that are really profiting from the huge growth. Its interesting sorry what has gone on. What do you see going on in the Holiday Season. On the one side you have the home depot and the walmart. In the knee of other companies are struggling with retail sales. As im looking at the emails last couple of months. It has been minimized. The differentiation is how can you separate yourself Going Forward from a retail standpoint. If you dont have a continued growth presence. You will continue to fall off. Its really tough for some of these companies who are not able to compete. And as we are seen the amazons of the world continue to dominate thats where things will continue from a momentum standpoint. They had been predicting that we are into our Third Straight quarter of a greater than 3 gdp growth as you look at retail do make projections on the economy generally. Does it seem like a higher level of growth here as you look across the sector. Im not big on making predictions on the economy. As we go into the Holiday Season seen employment numbers very positive. And just general sentiment we will expect greater holiday shopping. And that just translates into better numbers for the economy. Two months from now looking back on holiday numbers i think we will all be surprised but where is the brunt of the sales going to go will be in the big box retailers or can we continue to see greater growth online. Can you expect the tax reform plan to have an impact on the flows that you are seen. You mentioned all those etfs. Do you think the market trades differently once it is passed. Look, once the tax news is out its can be there to trade on the sideways manner. Im here in chicago with the institutional conference. They are very positive about the tax plan. Between now and the end of the year. The big thing i think is the average Small Business which really composes a big percentage of u. S. Gdp here is feeling more confident than they head in a long time. They are hiring that other employee. With that confidence and a little bit more spending eye goes a long way towards our growth here in the u. S. In terms of the growth. The company is still searching for the light at the end of the tunnel this morning. Since they announced the dividend cut. What is your take on General Electric right now. We just rang the bell for a new entrepreneur. And a lot of the folks that were around were talking at how sad it was for a company like General Electric that has been such a bellwether but really hasnt kept up with innovation. One thing that we are finding when we look at companies that are started by entrepreneurs they do a great job for a. Of time but when you pass it onto the on to the next generation they tend to fall off. Im not sure if it ge will continue to be able to turn things around. They expected a market multiple. They cut the earningspershare. It is a multiple compression story. It is a show me stop right now. It will continue to get a hit. I know it was all the way down to 9 during the financial crisis. I think on the investor day people were a little overwhelmed that they did not see more of a plan i think they were left kind of wondering what happened. The fact that they are no longer sending two airplanes. Maybe there is a new focus on cost cutting. Thank you youtube is teaming up on the new sales tactic. Weve got it. Stay with us on that. The game Company Plans to stop construction of the border wall. Thats next. At lincoln financial, we get there are some responsibilities of love you gotta do on your own. And some you shouldnt have to shoulder alone. Like ensuring your family is protected, today and tomorrow, no matter what the future brings. See how Life Insurance from lincoln can help start protecting your familys financial future now, at lincolnfinancial. Com. Welcome back futures indicating a lower open at the butter open this morning. Down better than 100. We are watching shares of amazon also under pressure today. The company has scrapped plans for the streaming service. It had been have been working on a skinny bundle unable to convince networks to join the amazon service. It has delayed the debut. Due to the reoccurrence of a previous medical issue. We are watching shares of alphabet. Youtube has reached a deal with ticketmaster to sell concert tickets on the site. Shares of alphabet up almost 30 over the last year. Urging the u. S. To come back to god as he downplays Sexual Assaults accusations. Accusations. He said he spoke of the need to make religion important to get in the country. Suggesting that his fight to keep religion in schools and in daily life is the reason he is being targeted. After 40 something years of finding this. I am now facing allegations and thats all the press wants to talk about. If we dont come back to god were not going anywhere. Urging mort to drop his campaign saying the gop would be better off losing the senate seat. The cost conservative and the votes they need. As you know so far more has refuted to step aside. We are also learning that congress has a littleknown law that lets it settle Sexual Harassment cases with taxpayer dollars. Its aimed at protecting the institution instead of the most vulnerable. They have to agree to the link the complaint process. When the 15 million was paid out to 235 victims between 1997 and 2014. Cards against humanity. The games creators have bought it along the mexican border. This is what it says about the president. He is afraid of mexicans. He so afraid he wants to build a 20 billiondollar wall that Everybody Knows will accomplish nothing. They have hired a law firm specializing in Eminent Domain to prevent the border wall from being belts. Built. And there you have it. By 70 . For them to say its can accomplish nothing they are completely delusional. I would never question the moral authority. They know who their audiences. And theyre talking to them. In that that land will be taken over. It clearly doesnt look like it. There is a great distrust of the media. I think if he goes on. I dont think he will win. Distrusted media reports. And just a sense i think among some people. We made the case against bill clinton and everybody said it didnt matter. Now our guy has that. He has no desire to do that. Whats can happen next i think you will end up with that democrat in that seat. I think that is the most likely outcome. Customers are they buying papa johns apology. We have it right here. Stay with us. So what else is new . Hows your mother . Umm. Shes doing good. She needs more care though. She wants to stay in her house. I dont know even where to start with that. First, lets take a look at your Financial Plan and see what we can do. Ok, so weve got. Well listen. Well talk. Well plan. Baird. Retail. Under pressure like never before. And its connected technology thats moving companies forward fast. Ecommerce. Real time inventory. Virtual changing rooms. Thats why retailers rely on comcast business to deliver consistent Network Speed across multiple locations. Every corporate office, warehouse and store near or far covered. Leaving every competitor, threat and challenge outmaneuvered. Comcast business outmaneuver. Three freshman basketball players from ucla are back on u. S. Soil after they were detained in china for allegedly stealing sunglasses. The story gives new meaning to just wait until your father gets home. The president of the United States involved. It couldve been an international incident. They landed at lax last night. The school will address the matter. We are grateful for the role that our chinese host played. And for the courtesy and professionalism of the local authorities. We want to think the u. S. State department for their efforts to a resolution. Two weeks since the company ceo lash out at players in the nfl for harboring the player protesters. We believe in the right to purchase an in inequality and support the players Movement Together as americans we should honor anthem. All except to those guys. Less than two weeks ago papa johns condemned racist hate groups. They did not want to have any connection to them. Two really good stories. What the heck were these kids thinking. Remember the olympics in rio. A gas station sign got a little bit roughed up. This is the theft of sunglasses. In a country where their state the lack of knowledge about where they are. Do they understand. I walk through chinatown all the time. That is hilarious. There used to stealing from americans is a country with no real of law. I dont know if they did or not. Kudos to the president for bringing them home. Think goodness this is over. And the three freshman. One of them is a highly contested freshman. We will be right back. Dad we walk inside. And its raining. Our home was ruined. We couldnt live there. Mom our first concern was the kids. This was going to be hard on them. Chubb got us a place to stay in the same school district. Otherwise it could have been a nightmare. Dad. Chubb turned a disaster into an adventure for our kids. Mom. And no one missed a day of school. Sometimes they just drop in. Always obvious. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. When we love someone, we want to do right by them. What is this . But habits are hard to break. Honey, where are the habaneros . And then there are things we cant control, like snoring. snoring now, the answer is right under your nose. Introducing theravent antisnore strips. Clinically shown to reduce snoring with the power of your own breathing. Nice try. There are always things that are hard to let go of. Now, snoring isnt one of them. Theravent. The answer is right under your nose. Looking for a hotel that fits. Isnt whoooo. Them. Your budget . Tripadvisor now searches over. 200 sites to find you the. Hotel you want at the lowest price. Grazi, gino find a price that fits. Tripadvisor. We cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. Welcome back good wednesday morning everybody. Happy wednesday to you. It is monday november 15. Your top stories right now. 70 am on aeschylus. They have added a provision to their plan that would repeal the obama care mandate. It requires all americans have Health Insurance. We are optimistic that having the individual repeal would be helpful. By eliminating the mandate tax we will pass and enact real tax relief for working families. We are now seen at the senate has the votes to repeal that. We did not want to needlessly compensate the tax reform the very latest as President Trump prepares a visit capitol hill tomorrow to look push lawmakers to get this deal done by the end of the year. Target among the top names. Adjusted earnings of 91 cents per share. Both above expectations. It is down better than 4 on target. We have a selloff underway. Done 120 points. A similar tone in europe. And they are down across the border. The dax index in germany down one quarter of 1 . Less and one third . Wells fargo under fire yet again. Wells fargo legally repossessed nearly 500 more servicemembers cars. A ton of praise for the coast guard. It took 300 million worth of hard drugs off the streets. As the retailer warns of a possible data breach. All of the stories coming up this money. Gerri willis is with us this morning. Great to see you. Thank you so much for being here everybody. And throughout the holidays. We will see how this tax plan manifests. Its just fun because it usually they start out with high hopes and Great Expectations and then they get into the legislative sausage making. And now its actually getting better. The big increase in the size of the tax cut. Do you think this is a big deal that they are repealing the mandate. Over 300 billion over ten years of this is big money that they can redeploy however they can redeploy it. That might happen. Instead of the delay of one year. Just getting rid of the mandate its a tax cut especially for people in low and middle incomes. They are paying penalties. A very regressive tax. They are sold as a benefit to people. It was a tax. Now its coming back to hold the democrats. Kathy Morris Rogers with us in this morning. Karl rove is here. And actress Jenny Mccarthy stopping by today. Plus the cofounder of a kiss. You dont want to miss a moment of it. Do stay with us. The Senate Republicans adding a healthcare twist to their tax plan. Here is what Vice President mike pence has to say about the bold move. By eliminating the mandate tax we will pass in an act of real tax relief for working families all across america. We are optimistic that inserting an individual mandate repeal would be helpful. That is obviously the view of the Senate Finance committee. The majority leader added repealing that. It would would generate millions of dollars of revenue that could make the Corporate Tax rate permanent. Market, good to see you. Thank you so much for being here. The lawmakers have failed multiple time this year. Will there be enough support to get this bill passed. I think there actually has been a lot accomplished despite that we failed on healthcare. Lets talk about whats happening there for two seconds. 80 of the people pain that. Our those earning 50,000 or less. It is a regressive tax. Repealing that tax would be beneficial to working families. When obama care was in front of the court. The reason it should be part of the law is because it is a tax injustice. Has not so much mixing healthcare into the Healthcare Health care debate. Reforming the tax code and delivering middle income tax code. I know you have done a lot this year in terms of rolling back regulation and in terms of moving the needle on Economic Growth already. There are no votes. Unless you do something and have some kind of wiggle room with that. Keep in mind in the house they have made a couple of adjustments already. One is to return a deduction for property taxes. And second is to cap it at 10,000 dollars. They are making adjustments to appease members in this. I think were sympathetic to this. The fact that we are moving forward is a reflection of the congress that we have. They said yesterday. He is confident that republicans can secure the vote for the tax bill. Regardless of the senate race. As they looked to the ceo to help sell the tax plan. We believe that were making steady progress in the United States senate in the house of representatives. We are taking nothing for granted. Regardless of the outcome in an upcoming special election the American People in both Political Parties know that we need tax relief. When the journal ask the ceos in the room that they would increase Capital Investments here is what happened. If the tax reform bill goes through do you plan to increase investment of the capital investment. Why are the other hands up. What did you think about that. Obviously they could just not me telling the plans. Would it bother you or the president if in fact they got the savings from the 20 corporate rate and then they just brought back stock and didnt necessarily put new money to work. We think Small Businesses as well will be investing in america the reality is that at t Just Announced a week ago that they would invest a billion dollars into america into the infrastructure plans that they have at the tax bill passes. And that is on top of broad calm. The president will meet with republican members of the house ahead of the vote tomorrow. The president will speak to all House Republicans tomorrow morning. In the senate they will take their bill through Senate Finance committee. And in time for christmas and americans to get real tax relief next year. Congratulations to you and your colleagues for getting this done. Most talk with the president s trip. The great country is respected again in asia. You will see the fruits of our long but successful trip for many years to come. And i want to get ahead of the president. I think he has indicated in some of his key medications already that there are a lot of deals that they helped to work through. There has been a lot of discussion in the media about them moving in the text just fashion. To bring investment back into america. Do you think we will get a new trade deal with china over the new term. I think he will make his own announcement in his own time. More roles for wells fargo to report. After illegally repossessing vehicles from hundreds of our nations servicemembers. Adam levine was just a named sexiest man alive by People Magazine back in 2013. Now one of his fellow coaches is joining the ranks. Welcome back to the pentagon is reported that for senior isys leaders had been killed over the last couple weeks. They were killed in iraq and syria. Between october 26 and november 5. Their ability to recruit and train terrorists. Among those killed the operations leader. They are part of a larger effort to drive terrorists out of iraq and syria. And of course after the hollowing attack in new york city present tramp bowing to strike isys ten times harder. Wells fargo will repossess another 450 vehicles of members of the military. This now brings the number of servicemembers who have their cars illegally seized by wells fargo to more than 860. Banks have to get a court order before repossessing a car for members of the military. They agreed to pay an additional 5. 4 they had shares that are down about 2 this year. If you had shop at forever 21 and between march and october check your credit card statement. And some customers may have have their Payment Information compromised as a result. The company is now investigating. I judge on the voice and now Blake Shelton has another title. They are crowning him with the sexiest man alive. The magazine said he was not averagely into the title because he doesnt like to be the center of attention. But hes good at it. Did you see them sitting at the end. Those are actually his girlfriend kids. It was her that encouraged her two just accept it. You are the sexiest man there is. Thats a win for her i suppose. That is what makes him i can think of another country artist that could be sexier than him. Those arizona boys in my right. Another hover board recall to tell you about. The new fire risk to tell you to watch about. A new study shows that surprising to new places are setting up shop. Back in a moment. On the next kennedy present tramp has a capital help to iron out tax reform with republicans. They have the power to create their own success. [vo] progress is an unstoppable force. The season of audi sales event is here. Audi will cover your first months lease payment on select models during the season of audi sales event. When this guy got a flat tire in the middle of the night, so he got home safe. Yeah, my dad says our insurance doesnt have that. What . you can leave worry behind when liberty stands with you™. Liberty mutual insurance. Or a little internet machine . It makes you wonder shouldnt we get our phones and internet from the same company . Thats why Xfinity Mobile comes with your internet. You get up to 5 lines of talk and text at no extra cost. So all you pay for is data. See how much you can save. Choose by the gig or unlimited. Xfinity mobile. A new kind of network designed to save you money. Call, visit, or go to xfinitymobile. Com. Keeping an eye on real estate and where technology is going. Commercial Real Estate Firm cb re is e is out with its latest look. Where Technology Giants are moving and why. Joining us now in a foxbusiness exclusive good to see you spencer. Thank you so much for joining us. I want to ask you broadly speaking about real estate but then i want to get to the series in terms of the tech. The good news is that the first draft of the tax plan from the senate and house have been the house have been generally favorable to commercial real estate. Many of the things we care the most about certain other factors have gone in our direction. The other factor was that depreciation rule a depreciation rule that could have impacted new supply also real estate was exempted. So far so good from a commercial perspective. Weve have guests on this program that are looking for an exodus out of high state taxes. In the technology sector. San francisco topping the list. You would expect also growing. They get almost both categories. Nashville tennessee Charlotte North Carolina pittsburgh, all of these are becoming strong alternatives. To some of that usual suspect larger markets. And thats for its for couple of reasons. They are growing tremendous amount of talent. But they represent that larger market. Money is mobile. I think theyre bringing up a good point. And one of the issues were seen is that its actually a quality of life weve seen charles swab move a lot of their people from the people from San Francisco to the denver metro plaques. They are spreading out where their resources are. The interesting point was that they actually added more square feet of office space. One of the reasons why is because you can get this talent and labor and they dont cost as much. The biggest input for a business is labor costs. With the whole talk it has amazon moving to the second headquarters. If there is a city that should actually get it over other cities. Where do you think they are going to move their new headquarters. The other thing is the ability to attract and retain them. They are younger tech workers and they want to stay there for the long term and have this environment. They all look at similar factors. Being number one. Cost being important but i would say second two the death of the power pool. There is a huge scarcity of talent today. In these high skilled jobs its about half of that. Combining those is going to prevail for any large occupier over the cost although cost is clearly an important factor. This is gerri willis. This is a revenge of the south in many ways. When i talked to parents of kids that are going to college here in new york they tell me they are sending their kids to the south. They had 1 foot out of new york right now because their kids go there they leave and then they stay there. Dont you think a lot of people in retirement are going to be making that change as well. I think one of the things that was mentioned earlier about state and local taxes that is clearly a major driver of people when they are past their prime to move somewhere else. But be near the kids. Going to places where you have a confluence of family and jobs and low cost of living but having this live Workplace Environment as well. I would say the southwest as well. You had been talking about alternatives and some of these may be more affordable for younger people especially. Do you ever see any of them actually taking the Silicon Valley crown. Can you see anyone of these contenders someday is surpassing the bay area. In my career and ive been in commercial real estate for 22 years. Only one market has made a true secondary to a true primary market. There are several candidates for that. One of who i am sitting with today. The others would be austin texas is probably well ahead of nashville right now. But charlotte has a shot for it. I dont think you could ever it could ever grow to the size of that seattle but those are some of the markets that are on the next tier that are moving up and if they do the right things in terms of keeping it there by right university environment. I think some of these could emerge over the next several weeks. They mentioned for austin. Spencer, so what youre saying is a direct link of the costs cost of doing business the tax story in various states and people will move like a said earlier. Money is mobile. I think you are seen some movement seeing some movement from those higher tax states but i will say if i were to put my eggs in any one basket it would be that deepest talent pool basket. Cost will drive Many Employers out as well. I think you thank you so much for joining us this morning. Jeff sessions on the hot seat. The follow after lawmakers grow the attorney general yesterday after they talk about russian contacts. The new wine that is better for your waistline. Stay with us. [music]. Use every possible resource. To fight cancer. And never lose sight of the patients were fighting for. Our Cancer Treatment specialists share the same vision. Experts from all over the world, working closely together to deliver truly personalized cancer care. Specialists focused on treating cancer. Using advanced technologies. And more precise treatments than before. Working as hard as we can doing all that we can for everyone who walks through our doors. This is Cancer Treatment centers of america. And these are the specialists were proud to call our own. Treating cancer isnt one thing we do. Its the only thing we do. Expert medicine works here. Learn more at cancercenter. Com Cancer Treatment centers of america. Appointments available now. Train to welcome back. Thanks for joining us. I Maria Bartiromo and its wednesday, november 15. Top story 7 30 a. M. Jeff sessions in the hot seat. Grilled by lawmakers of her contact with russia. He held firm hes always told the truth. I will not accept and reject the accusation that i would ever live. That is a lie. On the heated debate yesterday coming out. Congress now in the spotlight after lawmaker claimed misconduct. The taxpayers dime. Broader markets at the selloff underway. Nonetheless, down 110 points. That is almost one half of 1 . Down below half of a percent in germany. Stocks lower across the board. Over a third of americans at risk for diabetes. What you need to know coming out. A fresh morning for parents. A look at the 10 worst toys on santas list. How Weight Watchers is getting in on the holiday spirit. All that coming up this morning. Jeff sessions in the hot v. Attorney general testifying yesterday before the house Judiciary Committee. He said hes been honest when asked about his knowledge of the Term Campaign with russia. In all of my testimony i can only do my best to answer your questions as i am then into the best of my memory. But i will not accept and reject accusations that ive ever lied. That is a lie. Let me be clear. I have at all times conducted myself honorably consistent with the highest standards and responsibilities that the office of attorney general which i revere. Judicial analyst judge andrew napolitano. Good to see you. Well is your reaction to this testimony . I felt sorry because he was in device. The democrat are saying what you know about russia, why didnt she tell the Senate Judiciary committee at the time you were nominated for attorney general would he know about hillary and fbi influence in the 2016 president ial campaign and why can it be addressed . If he was fired for the reasons because he dropped the ball on hillary you are not bound. He was caught and not by his spirit in order to relieve the pressure the night before the hearing, we are now back to monday evening, and the number two person in the Justice Department sent a letter to the chairman of the Senate Judiciary committee, not the house Judiciary Committee, and basically saying we are conducting an investigation to see if we should appoint a special counsel to investigate uranium one, the dossier, all these things that quite properly want to have. That took the pressure but not all of it. The most cantankerous backing for the wizard jim jordan, a republican. Not with the democrats. He wants a special counsel. We look into alleged collusion. If you miss a lesson we ought to forget special counsels and how the Justice Department lawyer special crimes. I could not agree with you more. They are an odd bird. They are not recognized by the constitution. Not answerable to anybody. They often do things like indict and threatened and coerced just to justify their existence. I agree that these issues need to be investigated. There are 90,000 employees on the Justice Department, clearly a team that does not have a conflict that can investigate why he did it. We dont necessarily have the prosecutor sessions responded to that yesterday whether the Justice Department would appoint a special counsel to investigate the alleged ties to the Clinton Foundation and the obama era uranium deal at the Atomic Energy agency. President trump waiting i spoke with him on the rose garden. Listen. As it relates to the rename one matter, you do believe you have the authority to appoint a special counsel and do not believe that authority you have a subject to any refusal at this time. I cannot say that. The situation with russia getting uranium, they better look at that. Thats a very serious situation. Maria are you going to look at it . I dont know. Senator grassley wants to look into it, but that is to me a very serious charge. Theyre trying to use that against the president. They should not weigh in on any of that. The president is not only the commanderinchief. He is the chief federal Law Enforcement officer of the land. For him not to put his ideas into the head of the attorney general is a dereliction of duty. The bestknown attorney general was the brother of the president of the United States. They didnt talk about where jfk wanted. As president obama telling the meadowlands like maybe we should lay off a little bit on hillary clinton. Absolutely. Politically wrong. Hillary clinton careless, and the word that jim comey started using. From gross negligence. Extreme careless. Maria how do we square the circle because his hands are tied. Where should it go from here . If i could be so bold i know whats going through the president had. Sorry to say this on national intelligence, why did they pick Jeff Sessions. Theres just too many conflicts in yours where you and i agree again. Too much hesitation to do the job the Justice Department is supposed to do, which is to investigate probable violations of federal criminal law, politics. Maria a lot of people ask where is Jeff Sessions, what is he doing . He seems to have made Rod Rosenstein, Jeff Sessions is a friend of mine. He seems to have made Rod Rosenstein the chief operating officer and the chief executive officer. It would be no problem to go to alabama. Weve been through this. When will we get the hearing with rosenstein and congresswomen saying how do you manage this conflict bowler hat that he used to run the fbi in a part of this investigation. Bob goodlatte, chairman of the house Judiciary Committee we saw clips from yesterday and chuck grassley, chairman of the Senate Judiciary committee can summon Rod Rosenstein like that. Put them under oath in asking these questions. Do we have a functioning Justice Department . Why do we keep hearing called from the doj is perfectly, legally and ethically equipped to do its job . Maria trey gowdy said that to me yesterday. We need the doj to do it job. We are going to find that soundbite. Lets talk there with Senate Republicans hammering out legislation. Gop leaders said their plan will include a repeal of the obamacare individual mandate. Your response. Without getting in the weeds we talk about this during the break. The only thing that salvage obamacare salvage obama carried Supreme Court with determination by five Supreme Court justices. The conservative chief and the four liberals that the failure to comply with the individual mandate is a tax. The constitutional significance is profound. Under the constitution, congress contacts anything it wants. He cant make me wear a green tie, they contact me if i dont. By using the taxing power, you can coerce people in bed than to its will. What happens if this is no longer attacks because congress has said its not a tax . Obamacare collapses. Mixed in with that Obamacare Decision is another five to four with the conservatives saying congress cannot compel you to engage in interstate congress. Translated, congress cannot compel you to purchase a product you dont want to buy. There is no constitutional basis for obamacare. I think rand paul suggested its not a tax. A man do all of obamacare the way the Republican Congress couldnt do in the past eight months. Getting rid of it in a heartbeat. He think this could have been done administratively . Instead of going through congress the irs could stop enforcing the mandate. The executive order signed, was a very revolutionary one because it told the irs has never done. The individual mandate sent to the everest thou shalt not collect that doesnt have health care because the cost of the loan will soon be gone. Hes on the verge of being direct. Is a good idea to eliminate the mandate. They saved obamacare with a political, not a judicial decision. He was bending the Intimidation Campaign to president obama. The spin afterwards from lawyer friends in washington was this will set up president mitt romney in 2013 to get it done to reconciliation. Here we are in 2017. This is the pathway. Baby would need to be a little nicer. Ive been on your show a fierce opponent of the socalled tax reform. Just cut everybodys tax rate that jfk and reagan did. This will give me some greed. It is the obliteration of the individual mandate. There are winners and losers. I get it. The large point of it is the Corporate Tax reform in the corporate rate of 20 . Buy me switch gears because now we talk a lot about the Sexual Harassment claims in hollywood. Learning this morning that congress has a littleknown law that allows sediments for Sexual Harassment cases against lawmakers using taxpayer dollars. This comes as no claims made against former president bill clinton. I can then congress writing laws that just make it easier for itself because what is also in the statute is the settlements are secret. You have a public official, just going to use the example that the state of florida has elected to represent it in this person is engaged in Sexual Harassment and was paid money and we dont know what the politician did . The secrecy is contrary to principles of democracy. We have the right to know what government does than what people resent the government does. Maria great point, judge. Great to see you. Still ahead,, hold off for diagnosed toys are the most dangerous case to watch out for you and your Kids Christmas gift this year. No need for sour grapes in your next diet. The white light with less calories than ever for Weight Watchers. Well tell you about it next. Its time for the sleep number semiannual sale on the only bed that adjusts on both sides to your ideal comfort your sleep number setting. And snoring . Does your bed do that . Its the final days of our semiannual sale, where our c4 mattress with adjustable comfort on both sides is now only 1499. Save 300. Ends sunday. Visit sleepnumber. Com for a store near you. I am totally blind. And non24 can make me show up too early. Or too late. Or make me feel like im not really there. Talk to your doctor, and call 8442342424. We cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. Maria welcome back to the coast guard has recovered 10 tons of in a series drug smuggling bust. Lauren simonetti with details. The drugs were seized off the coast of mexico and Central America by multiple u. S. Coast guard sprinted out of the drugs run 300 million. 50 pounds of hair went also recovered. The drugs are results of 14. A new harbor board recall to tell you but in time for the holidays. The Safety Commission says seven company is recalling about 14,000 hoverboards because the battery packs could pose a fire hazard. This brings the total number of recalled hoverboards in the country to 520,000. The latest recall coming after two reports of property damage. Be careful where you store them. Also in time for the holidays, the world against toys causing harm. A group is releasing its annual list of the most dangerous toys. On the list is a wonder woman sword that could cause blunt force injuries. Plus the spiderman drug with rotating blades that could hit your child in the eye. The toy that took the world by storm. If they just been or could be a choking hazard. An Industry Group reissuing stand the list causes unnecessary panic in the toys must pass more than 100 tests before they had story countries or shelves. Parents, you were warned. Butterball selling organic turkey this season. A lowkey introduction for the company. Not promoting choices because they want to be able to keep up with demand. Meanwhile, Weight Watchers giving new meaning to liquid diet. Launching a new line did i wind. The first one is a something on blog 85 calories compared to 120 further white wines. Also working on a resume. Weight watchers shares of 300 this year. Wine with less calories. Maria how do they do that . Everyone on the Weight Watchers diet with the new amount of calories. You can keep drinking. Maria thanks, lauren. Hidden dangers of prediabetes but a third of americans at risk for diabetes but 90 over last. The warning signs to watch for right after this break. The mission of mine to get the word out about diabetes is ive been going there for 22 years, lost my mother, aunts, uncles to blindness in some of the other things that i knew when i was diagnosed i had to spread the word. I changed everything, changed my way of living, eating and drinking. Drink your National Diabetes awareness month. Patti labelle, one of over 415 Million People worldwide who suffer from the disease. The center. The centers for Disease Control finds 84 million americans have the condition known as prediabetes. The precursor to the duties more troubling. 90 have no idea of its presence. Dr. Mikhail mershon ski, also known as dr. Mike. Great to see you, sir. Absolutely. A good place to start would be to talk about what diabetes is. I often tell patients we are screaming for the illness but they dont even know what we are screening for prediabetes is your bodys inability to properly manage sugar. When theres high sugar mounts in your blood, the natural response the natural response is to secrete a hormone called insulin. It takes the blood away from the sugar, puts it into storage, makes it useful. Those diabetic is either ineffective or not existent. It is autoimmune diabetes which is something you are born with in your own body attacks the cells that created them to become diabetic. Type2 diabetes is actually self caused. A lot of people, 70 to 80 had developed type2 diabetes on the run because of their lifestyle. They are overweight, eat poorly, do an exercise in because of these factors developed type2 diabetes. Trying to develop symptoms and what they need to be doing. Symptoms are too late. Once they had the symptoms the disease has already progressed. There were things we can do to prevent this. If i tell you there is a very serious degree in young people by 10 times and you could prevent it, 70 of the time, you should be doing those three areas. If you start changing your diet, you can go away . No, you are a diabetic for life. Some people do a good job with just Lifestyle Changes, but shell have an increased risk of ms scary. Im not signing up for Lifestyle Changes here, but what would be the dietary change. The most important thing you could make a change with you watch the mothership are you taking but not as simple as talking about sugar. Other factors at play here. Have a diet rich in saturated you need to make a change as well. I like to give a basic rule for diet changes the diet changes dose of everything, not just diabetes. Weight loss is key here. A diet rich in fruits and the shovels the main part of your diet dominion of fish, not, they need to give you that flavor. To another episode. A list of prediabetes symptoms. Anyone could say. Tell me when you go to the doctor and say test me for this. Usually i dont have the beard. The reason why today is this month is not only Diabetes Awareness that november. It is Mens Health Awareness Month because we need this is not just for men, though women as well. Go have your annual screening so you can get checked for blood sugar of blood sugar obligation. Once a year at least. If youre diagnosed a prediabetic you should go more often. If you go for the initial screening donated to worry as much about symptoms. They dont give a good explanation. Frequent. Sugar is the enemy. Stop at the soda. High fructose corn syrup is horrible for you and its a shame theyre doing a good thing in growing the beard and costing your title. Im sorry about that. [laughter] but it was for a good cause. It doesnt look that good. [laughter] drink a doctor might great advice. Coming up, get lost in new york. Home alone two, just in time for christmas. Stay withop us. Cant be true, can it . Actually, it is true. And with Heart Disease, your risk is even higher. In fact, cardiovascular disease is the 1 cause of death for adults with type 2 diabetes and Heart Disease. But there is good news. Jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. Jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and Heart Disease and lower your a1c. Thats good to know. Jardiance can cause serious side effects including dehydration. This may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. Ketoacidosis is a serious side effect that may be fatal. Symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. Stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. Symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. Do not take jardiance if you are on dialysis or have severe kidney problems. Other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Tell your doctor about all the medicines you take and if you have any medical conditions. Isnt it time to talk to your doctor about jardiance . Absolutely. Ask your doctor about jardiance. And get to the heart of what matters. Something we all think about as we head into retirement. Its why Brighthouse Financial is committed to help protect what youve earned and ensure it lasts. Introducing shield annuities, a line of products that allow you to take advantage of growth opportunities. While maintaining a level of protection in down markets. So you can head into retirement with confidence. Talk with your advisor about shield annuities from Brighthouse Financial established by metlife. Maria welcome back. Good wednesday morning thanks for joining us happy wednesday i am Maria Bartiromo it is wednesday, november 15, your top stories right now 8 00 a. M. On the east coast, tlaechl with a twist, Senate Republicans adding a provision to plan that would repeal the Obamacare Mandate that requires all americans to have Health Insurance or pay a fee, atmospheric in the house paul ryan spoke about importance of getting this bill passed. We dont want to do is complicate the issue of tax cut in jobs you cannot get the National Debt under control deficit under control if you dont do breath grow economy cut extended spending this grows the economy. President trump prepares to visit capitol hill tomorrow to push lawmakers to get deal done by end evidentier target among names reporting earnings adjusted 1 cents a share stopped expectations republican a beat, the stock is lower down 3, at. 8 Broader Market selling pressure dow industrials off the worst levels of the morning nonetheless decline about 100 points opening of trading this morning, s p, nasdaq down a third of a percent, in europe, major averages lower about crossexamination sp 100 cac quarante down, dax down 1 , about asia overnight lower across the board worst performer japan nikkei average down you 1 2 3 percent ekes tensions china to send a special envoy to north korea following President Trumps visit to the region, details ahead of the commander in chiefs major announcements on issue, from the white house, tomorrow. Big news in china this morning, plus playing the border ball game cars against humanity plans to stop President Trumps big plans for southern board with players help, then Merry Christmas it is beginning to look a lot like christmas. There is. Yes, the plaza wants to get home alone fans legislators the in new york the largered unluxury hotel offering full experience over the top ice cream limo, the city, the plans for the iconic films 25th anniversary all those stories joining me Fox Business Network gerri willis kevin kelly the wall street journal assistant editorial editor James Freeman greatly to see you. Good to be here beginning to look like christmas for u. S. Workers, economy tax cuts bigger, more than half sold i marry you talking about apple 8 30 cpi out inflation has been one of the biggest bugaboos that we have seen tax reform in the past 1981 plan actually came out because inflation was soaring goods going up pufrnd into higher brackets, even though the goods buying were relatively the same that was issue then, we have low inflation but what happens in the future do we get pick up. Maria downer . No, i dont think the 70s would apply result of tax policy, but a trying to 18 it is. What more, growing. The market back around, going up instead of down that is all i want. Maria 100 points this morning any thoughts why this market trading down. You are seeing dollar actually being weaker you are seeing a commodity under pressure from gold to copper worried about rising Interest Rate environment when fed hiked in december first time they did it got a volatility january, and you see, governors, williams said thinking to hike three times next year. Next to worry about higher Interest Rates once tax plan is done we dont want to get ahead though House Republican conference chair, former deputy ask chief of staff to president george w. Burn karl rove, big hour ahead stay with us we kick off with Senate Republicans leaking repealing obamacare individual mandate to tax reform plan blake burman live at the white house with the very latest. Reporter good morning to you Senate Republicans feel this is addition by subtraction repealing the mandate now part of the senate, tax plan, that will generate north of 300 billion dollars, in revenue, it appears at this point as if moderate Senate Republicans at least open to this idea, but any time you talk about the numbers game among republicans, it is tightrope thin. I support pooelg the mandate part of our tax cut legislation. So long as it do you know whether or not upset the applecart, 50 votes. A democrats questioned how on a obamacare individual mandate repeal has anything to do with tax reform but keep that in mind it was the Supreme Court who decided that this individual mountain was indeed a tax. Here at the white house, they have been trying to get some democratic support in the Senate Behind this tax bill, but it appears now that is long lost if it includes this obamacare repeal. To take away Peoples Health care, and raise their premiums to lower the top rate, about what President Trump suggested, is so against what the American People want that again, they are just headed for failure. So looking forward at schedule the house is scheduled to vote on its tax plan, tomorrow. Their plan does not include this obamacare individual mandate repeal so if senate offen he ends up passing its version they have to reconcile the two President Trump has been push for this individual mandate appraisal i was told even when talking to senators on overseas trip. Blake burman white house, joining us right now former deputy chief of staff to president jofrj w. Bush fox night contributor cakarl rove. Good to see you. Great to be one lawmaker willis kelly a new firm formed when they firm of for this. All about america so good idea, to add repeal of the Obamacare Mandate into the bill what do you think . Well, it is interesting, because the house there is a lot of interest in the house getting this done, but we are talking on to people in the house side house members were concerned they added in it their version would make it more difficult to pass in the senate. Now i think this is probably the result of starting in april april 25, gang of six, the speaker of the house the majority leader the director of the National Economic Council Chairman of the Senate Finance Committee Chairman house ways and means secretary of treasury meeting since then my suspicion orrin hatch got a very clear signal house was not going to move first on this if senate wanted it they would be willing to accept it the house didnt want to do something that would would be turned down in senate. And so he moved with it, and the signs are murkowski colin mccain three who blocked skinny repeal measure are open to this, remember this is a tax Supreme Court held it will as tax if you dont have Health Insurance it is up to 3 of your adjusted gross income taken in the form of a tax, when you file your income taxes return starting april. Obama administration, tries to make things better wasnt a tax, saying that it was a penalty, it is a tax. Yeah. I basically ought to be a little, more kindly, on John Robertsons very political decision summer of 2012 to manage to call this a tax . That was one of the socalled trade oversees to label this a tax the other one to put constraints on ability to use in an expansive way it disappointed he didnt counter obamacare as unconstitutional but it is what it is, this is the opening, be interesting to see if the house is not going to change, i had conversations rumors flying about this happening, house does not appear that it is going to add it they are going to wait and see what if it goes to Conference Senate has a bill that includes this 340 billion dollars, additional, in savings, budget savings, if Senate Passes it you can bet the house is going to accept it in the Conference Committee. Karl, quick question would the mandate, would it kill obamacare . Well, you heard schumer say two things incorrect one that we are taking away Peoples Health care we are not taking away health care we are saying we are going to remove the tax that we afixed to you if you dont buy Health Insurance, that is not taking away health care, and second of all look there is a second issue, here of of skyrocketing premiums the premiums are going to go up under Affordable Care act. Already up. They are already up going to keep going up because Affordable Care act is fundamentally flawed broken requires, a lot of young people who are healthy to pay higher than normal premiums in order to subsidize coverage between roughly age 55, and 64 aint going to change because of this, but what what they promised to do was to follow on with socalled Alexander Murray Lamar Alexander tennessee patty measuraire Washington State republican alexander, murray glat to the sib indonesia teet Insurance Companies to cover increases in premiums for those below a certain income level, the premium yes premiums are going to continuing to up, the tax payers picking up the tab for those, below a certain income level, low income and moderate income people forced into the exchanges. I will take i think that is take that as a no. Market participant whether this is going to get done by december if complicates or convolutes the matter further market is anticipating something it has done this year could this kick the can into march should they not get formal decision whether they keep or take out the mandate . I think that is a quick decision, if my suspicion is hatch talked to some of the collinsmurkowski, and mccain you also heard senator kennedy louisiana say i am for this so long as it doesnt bollix it up if they dont have votes they will move it out yeah no i think look their focused on one date december 12 they need to get this thing done before alabama special election in if any democrats take that alabama seat against judge roy moore moving at light speed for congress, that the just my suspicion will pass it through house my sense week after thanksgiving bring it up pass through Senate Quickly to conference back on the floor, now that the 11th, 12th of december, to pass it. We will see how long it takes for the actual economic movements to take place, let me switch gears got to ask you about the game company case against humanity take aim at President Trumps supposed board wall latest holiday promising we purchased a lot of vacant land onboard retained law firm specializing in Eminent Domain to make it as expensive as possible to get this built customers signing up get a map of land along with other surprises what is your he reaction . I think it is you a laughable promising got them talking about game got their name in the but the idea is a, buying land, b, if a place where a wall is needed, you know we have three trilliondollar plus federal government in tiny dinky Little Entertainment Company Big Government has pair of Eminent Domain Little Company has 15 dollar contributions to sustain their law firm, i know how that is going to come out. Karl, i am sure the of i share optimism getting in in leadership whipped members getting a good response wont be dropped in unless very good response, but i wonder as we think how they use that money this frees to up cut more taxes, i am hoping one thing they do, versus the original senate draft is have corporate rate reductions startle immediately do you think members you have talked to on hill understand that the political necessity of getting growth going, next year . Not in 2019 . Quick karl. Absolutely. Absolutely. And i hope that is what they use it for if there is anything that is about 100billiondollar plus price tag to bring it forward, so they got extra space in there, talking about using that extra space to for middle class tax cuts and lowering top rate see how that works out, and kelly shouldnt have been so hard on dr. Mik, at least he is trying. Kelly. I think karl rove, easing tensions with north korea signs of progress this morning weve got it next. We get there are some responsibilities of love you gotta do on your own. And some you shouldnt have to shoulder alone. Like ensuring hes well taken care of. Even as you build your own plans for retirement. See how lincoln can help protect your savings from the impact of longterm care expenses at lincolnfinancial. Com. Maria welcome back one big story of the morning china says it is sending a special envoy to north korea, following President Trumps asia trip Lauren Simonetti with details, lauren. Right China News Agency says shy level envoy will attractively to pyongyang friday did not say when north Korea Nuclear program could be on agenda but first high level meeting between two countries in two years, u. S. , repeatedly pushing china do more get north korea to slow ambitions President Trump did so again during summit with chinese president xi jinping, after President Trump returned home from 12 days in asia tweeting our great country is respected in asia you will see the first of our long but successful trips, for many years to come. So aequate announcement later today, celtics won 13th game in a row last night nets in brooklyn, after the game, Appreciation Night at center kyrie irving said thank you handed them to surprised soldier shook hands with all four military members, it was a classy end to 25point game for irving beautiful guessture. 25 years since least of home alone 2. Is offering the experience this christmas, a food menu and over the top ice cream sundae from room service, maybe you will run into a celebrity there like kevin did. We forgot about that donald trump was in the movie you never know you might run into trump also a limo service you can visit the sites how much will this cost you . 895 dollars to start, i dont remember pigeon lady do you. I dont remember. All on christmas came was scared by her she is feeding pigeons. I love it. That is great, this you missing the target target shares under selling pressure down 4 right now disappointing headlined forecast the reason earnings better than expected. Third Quarter Results next. Paging dr. Love to kiss cofounder gene simmons about new book how he can help you get ahead in life back in a minute. Is this a phone . Or a little internet machine . It makes you wonder shouldnt we get our phones and internet from the same company . Thats why Xfinity Mobile comes with your internet. You get up to 5 lines of talk and text at no extra cost. So all you pay for is data. See how much you can save. Choose by the gig or unlimited. Xfinity mobile. A new kind of network designed to save you money. Call, visit, or go to xfinitymobile. Com. Maria well back, now, allegations against Harvey Weinstein to report unnamed actress following filing a lawsuit against him and former studio for Sexual Assault that allegedly took place in 2015 and 16, more than 50 women have spoken out against the disgraced movie mogul gene simmons cofounder of kiss author of my journey through corridors of power how you can get more power great to see you. Glad you pointed it out do i in fact own the trademark and have for 28 years, you are looking at it, america the beautiful. And it is a only yes i can stop monopoly, too. Good stuff. Question. You are so involved in so many businesses i mean you and your wife also have had an inside look what goes on in 2 Entertainment Industry for years why we wanted to start here really for decades what do you make of all allegations against Harvey Weinstein and tell us it is you know that the lunatics have taken over insane sylum when entities like yourself ask guys like me stick tongues out what i think about Harvey Weinstein, okay, you know truth he seriously. I am, i am what i am about to say deadly serious men are jackass es from time they are young i am not validating it defending it guys need to be chained from very, very young ages by mothers and by loved ones, trained to understand that half the worlds population female they need to be treated with respect dont get the training, and that is not a defense, harvey, and cosby anybody who may have done those things should go down to hell to become somebodys girlfriend i am just kidding. It is just a joke. But women really en masse should rise up the only way you got the vote is not because men want to share it with you it is because you started demanding it you will only get the respect you demand, africanamerican brothers and civil rights only got respect whatever it does so far marching taking charge guys like harvey need to be held about about comfortabler accountable no matter what court of Public Opinion says playboy paid many mills of dollars for rapes blah, blah, blah what i dont like is that anybody can make a public statement, and then people join in it is not the court in england, by the way, you are not allowed to do that. Whatever is going on in court, is held private until the verdict by your peers. Your book on power, from harpercollins i think pretty interesting you give a lot of advice one of the strongest poignant ones i think people should takeaway life is not fair world does not care about you i think that is. Maria i love that. Look lets grow up for a second, you know really if i didnt exist today it would be much sadder world but it would exist, it would go on very easily not without maria about it you especially, it could go on [laughter] without you, in one is indispensble double negative i taught 6th grade spanish harlem sort of means none of us are important the only people are important are people that make themselves important your inferred fiduciary duty to learn Language Skills people skills learn english yes all you grants i was is not born here english fourth language i am here to mother. Those are japanese, german, hebrew and goodlooking. I want to but this is the age of entitlement, not a political comment everybody thinks that you know we should grow up, and used to getting your your you know your allowance i am telling you reading on power these are my opinions change your life forget 10 rules of success because there are known if everybody followed 10 rules would be all be rich millionaire as least as rich as i am dont quit day job start llc eliminated Liability Corporation take over one room in house emails for business get kids involved family involved, start your own business, sell popcorn, tarts, maria dolls use fedex other stuff learn about capitalism. Come up with idea, do it. Quickly i am doing number six getting more powerful friends today. I want you to know. Dont hang out with losers, really it is not it is called business i am not saying that somebody who is your friend who does uneducated cant speak english very well all that stuff remember my fourth language, dont hang out with them they are not going to help you go up the ladder of success you are ingenuouslied by company you keep hang out with cooler smarter better looking people true just like your boss. By the way, if your boss is zuckerberg you can come in with a be sl slumpy a tshirt i you worked at fox look at those ties if i worked about here would dress like you very incredible you told us about a new firm you started. A Family Office called well motion Wealth Management i trademarked motion are there i open motion pictures, a joint venture film company nobody has been able to trademark that, but the wonder of america is all the knowledge of mankind that is a correct phrase not female kind, because you havent been in the power thing except now everything you wands to know is right here yes branded so any question you have, you can ask siri watch this siri what do you call me . You are my lord and redeemer, [laughter] that is the only thing you need to know so any how far is the mood how much money does maria make ask that. They are wrong. She got good to see you. Isnt it true. It is it is gene simmons how you get more power in bookstores always a pleasure thanks for being a friend of this program. Tax reform senators a measure to the mandate we weigh in on plan how to follow gene simmons, model businesswoman joins us in studio to take us on scenes of latest venture her own brand of vodka back in a minute. Maria welcome back. Good wednesday morning thanks so much for joining us. Im Maria Bartiromo. It is wednesday, november 15, your top stories right now 8 30 a. M. On the east coast. Broader markets selling off this morning take a look, market off their worst levels of the morning but there is upset uncertainty over the tax plan, there was also worries about reflaigs pair of economic reports to bring to you cpi up 1 10 of a percent in line with expectations, better story retail sales up 2 10 of a percent better than estimate called for 1 10 of a percent increase retail shows improving down better than 100 points not much the major averages lower across the board ft 100 down a half percent cac quarante down twothirds of a percent the dax in germany coin better than 1 in asia overnight stocks lower across the board, lowest was janet yellen down 1 1 2 as i mentioned retail sales up 2 10 of 1 in terms of markets kevin kefb though kevin. Shows consumer there for Fourth Quarter Numbers Companies report next quarter we saw revisions higher, from companies that reported you have seen them target expect same city sales up unchanged home depot upped guidance for comps underpinning guidance from Retail Sector we should see consumer help in the Fourth Quarter. Have a story on Economic Data after quarters we just saw top story right now is the full steam ahead on push for tax reform Senate Republicans put a health care spin on tax plan propane the obamacare individual mandate as part of the think a bill paul ryan last night about the move. Obviously we are in favor of repealing individual mandate we didnt want to needlessly complicate the tax reform given we did not have votes before to get this to senate we want senate to go first see if they can get that done then we will discuss, whether or not it is included at the end. President trump expected to attractively to capitol hill to rally house members make sure tax reform stays on track, to pass before thanksgiving, joining us right now washington congressman House Republican conference chair, good to see you thanks so much for joining us. Thank you, great to be with you. Are you expecting to get enough support in terms of getting the trooem done by yearend. Yes, we believe we are on track we are encouraged the Senate Moving Forward the house, is planning to vote on this package, tomorrow, afternoon. And then, be able doing to conference with a senate, the senate is on a parallel track, their goal to pass it out of the senate, after thanksgiving be able to go to conference work out differences get it on to president s desk by christmas were expedited the president will be coming to Conference Tomorrow morning, to do the final push, and to answer those final questions, before we bring it to a the floor. Let me ask you about that, what is your iykling in terms of repeal of individual mandate will house go. House led on repeal and replace obamacare many would like the mandate repealed a government mandate federal government mandate on individuals to have to purchase a government approved health care plan. We are pleased to see the senate is moving forward this would be one of the top issues to address in the Conference Committee. Gerri willis. Quickly, you said many. You didnt say most or all. Can you clarify . Well you know we in the house, we have taken action on repeal and replace of obamacare we passed a bill, it came up one vote short in senate, we really need the senate to be able to pass this this provision in order for us to move forward, but we i am i am encouraged with this move and i believe that this could be an opportunity to repeal this individual mandate which has been a top priority for us, since beginning of the year if we have an opportunity to do it we are going to we will deliver. Congressman here, kevin kelley i agree getting rid of that mandate but seems that one of the biggest impediments to getting current tax plan through is state and local Tax Deduction the salt do you think there will be a time house could capitulate on that actually get rid of it in order to get this tax plan done. The house largely pales state and local Tax Deduction we maintained a provision for property Tax Deduction up to 10,000, but, clearly, this whole debate over state and local Tax Deduction has exposed the high tax states, new jersey, new york california. And how they have been gaming the system that they are they are increasing taxes at local level, to seek deductions on taxes at federal level Washington State, my governor would like to introduce an income tax right now, and part of the talking point is that being deduct from federal income taxes, that should not be incentive for raising taxes at local level. Do you worry that this is going to be an issue, for the local you know, upcominging elections you got peter king here saying this is not just about my constituents getting hit, but also the fact that the dems have targeted his seat eliminating that salt deduction for people in new york, california et cetera, that is going to mean higher taxes for those people, and peter king is saying i cant raise taxes on constituents, so do you worry it is going to hurt your party come 2018 . Well we are about providing tax relief for everyone, individual families Small Businesses we have been looking at those high tax states, that are especially impacted and this is where the deductions for property tax up to 10,000 really made a big difference for mid income families those making 150, to 300,000 dollars, that were going to get especially hit that is that is where i think you will see the house, maintaining that position so for for numbers that representative some of the people in their districts that are suffering from high taxes. James here from the wall street journal, you are talking about the differences with the senate bill, iron out in conference, to me the big one is that they delay the Corporate Tax rate cuts, in house and do it immediately is that going to be number one agenda item in conference to make sure that we get that good growth pressuring tax cut right away noo yes, yes, this package is pro family pro Economic Growth, and bringing down, taxes for everyone but 20 Corporate Tax rate making it permanent is most important, the president also has made it very clear he wants it immediate, that was the position that the house took, lets get that done immediately, so you can get that Economic Growth, i believe that there is a that we will make that happen, in the Conference Committee, and so that we can get the economy growing and get wages increasing in this country. We want to bring to you some of the sound that we have been speaking with Gary Cohn White house economic director as well as Vice President about tax reform, because they, too acknowledge that you know taking away deductions maintenance higher taxes but, of course, the big most important part of this plan i think and i think this is what you are saying, is the Corporate Tax cut that is going to have legs impact, to remove the needle on Economic Growth the Vice President said he is confident republicans can secure votes listen to this is. Great corporate citizens i encourage to you maybe examiner that citizenship one more renewed wie next month, that is step up this corporate citizens to help communicate past politics of this town how important it is we seize this opportunity to bring real tax cuts to the middle class in this country to bring real tax reform. Maria let me ask you how come there was not much done on carried interest, remember occurring election, the during election adamant carried interest enables people to show income, as cap gains not pay higher tax rate, do you accept any changes there . Well everything is still on the table, there is a lot of giveandtake our top priority was to bring down those tax rates bring down tax rates simplify tax code for individuals, bring down that Corporate Tax rate, that is now the highest in the developed corporate wrld we see Jobs Companies moving overseas moving headquarters being bought out by Foreign Companies we want that job creation that job growth, in america. We want individuals, to be freed, of the burden, and provided that relief we there is it is a lot of details, and how we best help both individuals hardworking men and women across this country, as well as businesses Small Businesses, where the engine of growth takes place that will all continue to be debated in the Conference Committee but i most excited that we are on track, to get this done in 2017 and get this economy growing the way we have long imagined, in 2018. Feels that way, congrats there let me ask you speaker ryan announced yesterday all house members and their staffs have to undergo new mandatory antiharassment discrimination Training Congress has settlements for the Sexual Harassment under federal lawmakers to use taxpayer dollars what is your take roughly 15 Million Dollars paid out in span of underlie two decades according to washington post. We need education we need to ensure that this is unacceptable, and make sure that we are educating raising that awareness, and taking action so unacceptable making sure our victims are getting the support, that they need, i think we all are taken back by reports of settlements, and we are looking at that, but i am pleased that the house is leading on this, that the House Administration committee, is coming up with a proposal that will protect individuals and ensure that we have a safe workplace here in the house. Good to see you thanks so much. Thanks. Good to be with you. See you soon, coming up, amazon reportedly canceling plans for internet tv package, target shares are down this morning better than 4 , after disappointing holiday forecasts a closer look at Company Thirdquarter Earnings Results back in a moment. I accept i dont conquer the mountain like i used to. I even accept i have a higher risk of stroke due to afib, a type of irregular heartbeat not caused by a heart valve problem. But whatever trail i take, i go for my best. So if theres Something Better than warfarin, ill go for that too. Eliquis. Eliquis reduced the risk of stroke better than warfarin, plus had less major bleeding than warfarin. Eliquis had both. Dont stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. While taking eliquis, you may bruise more easily. And it may take longer than usual for any bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Im still going for my best. And for eliquis ask your doctor about eliquis. [vo] progress is an unstoppable force. The season of audi sales event is here. Audi will cover your first months lease payment on select models during the season of audi sales event. We cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. Target stock. Morning Third Quarter results beat expectations however, the company made a weak expectation for guidance forward nicole. Good morning, everybody. As we talk about the outlook forward when you get a weaker than expected profit forecast holidays most competitive time to push the stock to the downside you can see down 4. 6 as you noted a beat on zurnt quarter on profit and sales profit was lower, but it was a beat nonetheless the other thing going to have to do price cuts that cuts in to marginalize talking about so many items under 15 bucks Free Shipping got to take on walmart amazon, just got in those retail sales shows that the consumer is likely to keep, booing this economy into holidays things are feeling better you can see target here to downside 4 1 2 , i want to also get to amazon strapping plans to launch a streaming service will bundle u. S. Broadcasting Cable Networks saying those are the to join the platform will have other options, and staying with Amazon Channel service but jumping on that because they said ultimately channels going direct to consumer that will give chance in long run there is so much competition in that, and by the way, for the noildz 4 growth likely for i holiday shopping, overall according to National Retail federation. Thanks so much coming up next talk showhost actress entrepreneur general. Dagen mccarthy says she can handle it a brandnew business and that is the brand of vodka back in a minute. Retail. Under pressure like never before. And its connected technology thats moving companies forward fast. Ecommerce. Real time inventory. Virtual changing rooms. Thats why retailers rely on comcast business to deliver consistent Network Speed across multiple locations. Every corporate office, warehouse and store near or far covered. Leaving every competitor, threat and challenge outmaneuvered. Comcast business outmaneuver. We do, Jenny Mccarthy delivered sugarfree natural ready to drink vodka available across the country, joining me right now actress model host creator of blondie Jenny Mccarthy good to see you glad to be here. Thank you very much you have been so much in terms of business becoming entrepreneur tell us about this. Something so proud of, five years, came out of a need, i am allergic to irish, allergic to wine beer most vodka i make drinks at home emergency packet or crystal lite, water and put vodka in shake it up like this is ridiculous there has to be something on market it wasnt i met with distill reese said i want a mixed cocktail all i have to do is pour it, and i am done. This is lemonade strawberries. Also said i dont want chemicals in it i dont want any flavoring i dont want sugar, and no preservatives they said that is hard i said what is turn they said up alcohol. Genius using Coconut Water for electrolites Coconut Water out of it the flavor, left with electrolytes so it has everything you want it is already premixed. I know my girlfriends drink vodka tequila calories lower there is that in terms of vodka, exactly. And that is why you know straight up tequila anymore i mixed with also Coconut Water that makes it you know not less hangover. We should be concerned about sugar no sugar no added sugar i use i want real fruit, artificial flavors colorations when i met with distillery where is drink they said you asked for real fruit, fruit grows on tree take your time let us do it the right way, it came out exactly what i wanted it to none of that stuff in there that known of that garbage i know alcohol but mixed drinks wake up with hangover all that sugar. What a career used you got this, entrepreneur, looking back i mean on your career, when you were going from actress to model to entrepreneur, i mean, congratulations to you thank you. To what do you attribute success. As if motivation being single mom a long time dreechl always being in hollywood a business hosting you know i am on radio now, so love the platform i very much have entrepreneur inside of me this will be first of many Different Things that i hope to accomplish out there but if i was able to make a drink, everybody would be able to do something. Good for you, you he mentioned, i want to ask you about that we learned about dark side to hollywood, showing the spotlight on Sexual Harassment, more women coming forward with allegations, jenny you first became public with your story, involving sooeven seagal late 90s. 20 years ago i wrote gen x the first of 11 books that i have, and in the book, i talked about Steven Seagal audition two years prior to writing the book, a year i went to audition, and wore a long type dress so you could Pay Attention to my eyes, and dress. You know, and because i wanted to be taken seriously, not many people take it seriously at all i went audition asked if i would lower my dress because my dress was too baggy, and i said no, and he said well there is nudity in this movie i said i asked my agent no nudity he said off camera nudity i thought is this idiot think i am going to buy into that off camera nudity. So i said, no. And i kind of you know, started to cry, and said go ahead pick up my play videos on sale i left. I got in car called mom cried i said i am going to the world you were surprised when you heard about Harvey Weinstein. Not at all i am surprised it took so long though for the world to really Start Talking about it. Maria great to have you on show. Thank you so much get vodka cheers to you. I will be pouring wine tonight. Total wines more, tomorrow. Maria great show, everybody. Thank you so much for joining us, allstar panel. Seize the day. Stuart we do every day. Maria i know. Stuart thanks, maria. Obamacare reform comes roaring back, tax cut schedule getting more tight and investors, well, they are getting worried. Good wednesday morning, everybody. Maybe triple digits down on the dow by the time the market opens and it is a pretty much a broadbase decline, those Big Technology companies, they are pulling back, all of them now well away from their recent highs. Why this selloff . Okay, two reasons for you. First, the senate has attach today repeal of