Minute. Were keeping an eye on on the Alabama Senate race and spending reform. I want to head to connell mcshane. This is horrible news on the latest who this terrorist was and what he is telling authorities because he is in custody now. Hi, connell. Reporter hey there, trish. Akayed ullah was living in brooklyn for some years. He was working as new york city cab driver, a job he gave up in 2015. He was originally from bangladesh. If youre working towards a motive were working for clarity. Our corporate cousins at the New York Post have a story on their website where they quote that the suspect is speaking to authorities, they have been bombing my country and i wanted to do damage here. Unclear what he was meaning by that he was from bangladesh originally. This guy had a explosive device what the authorities describe as a low level explosive device strapped to his body, and it went off at 7 20 in the middle of morning rush in an underground tunnel. It is a destroys according to authorities he may have made on his own. Nypd counterterrorism chief john miller adds this. The device is based on a pipe bomb. It was affixed to his person with combination of well very and zip ties. Bottom bomb squad is in the process along with special agent bomb technicians processing the bomb seen and well have better idea what the device was put together with and what it was designed reporter we look at photograph of suspect taken moments after the device was detonated, his injuries were the most serious by far. Serious wounds where he is treated at Bellevue Hospital nearby. Other commuters only suffered minor injuries. Trish, you brought up key questions out there, authorities do not believe there were coconspirators working with akayed ullah and that is something we need clarity on. The city of new york is all but back to normal here in the afternoon. The traffic is flowing. The subways are working again. Some of the stops are being bypassed around 42nd street. That is all expected to be all but back to normal by the evening rush. Governor cuomo, the governor of new york announced we should be on the lookout for enhanced security measures for number of different places. He specifically mentioned airports, bridges and tunnels and mass transit systems, places like mass transit like the Port Authority bus terminal. That is where we are as Investigation Continues here in manhattan and the suspects home out in brooklyn. Back to you. Trish connell mcshare. Joining me with more, fox news security strategist and author of the bestselling book, defeating. Jawed. Dr. Sebastian gorka. Dr. Gorka, he had been inn our country for seven years. We dont know when he was radicalized. He was here from bangladesh. He has been here for seven years. Does this get us back to the issue we talk about so much we have to be very careful who is in our country . Absolutely ish interest. This is why one of the president s very First Executive orders was travel moratorium that has just been upheld by the supreme court. We have a broken immigration system, utterly bankrupt and also politicizeed under the last administration. We look at the last new york attack. That terrorists sponsored more than 20 individuals to come into this country. The killers from san bernanadino, the state department was not allowed under the Obama Administration guidelines to look at an applicants social media postings for reasons of privacy when social media is a public platform. For myriad of reasons we have to have a halt of people coming from hotbeds of terrorism and we have to fix the system so we dont have attacks like this happening at the rate theyre occurring in europe. Trish in some ways i guess we have to be prepared for it simultaneously knowing these people want to cause us so much harm. Isis put out some propaganda, dr. Gorka, quite recently basically targeting times square, london, and paris as well. All places that they hate because of the freedom we have here. How much more vigilant do we need to be in new york city and not just new york city, all over this country right now, as we head into the Christmas Season . All of us have to be vigilant really wherever you live. As you rightly pointed out jihadists made it very clear, they have given instructions to their adherents, the Pressure Cooker bomb, details how to make that, the boston bombing bomb was in al qaeda manuel. They told their jihadists go to areas where there are high concentrations of unarmed civilians. A metro station is exactly that. A bicycle path a christmas fair. Everybody needs to stop staring at their phones as theyre walking down the road, be aware of their surroundings. See something, say something, isnt just a catchy bromide, sort of empty phrase, it can save lives. I grew up in the uk in the 70s and 80s when the ira was at its deadliest, every day people would be aware. We werent living in fear. If you saw unattended bag or something suspicious you reported it immediately. In some cases it saved lives. Trish what about one acting suspiciously . Absolutely. If it is 90 degrees, somebody is Walking Around in a big parka, it is suspicious. Very important to understand when it to these attacks somebody doesnt wake up one morning to decide to kill people the next day. They surveil, they collect intelligence. We know this with every significant attack. They surveil. If you see something suspicious, why somebody video recording an ugly bridge, not something beautiful but just something that no tourist would be interested in, that is how we caught one of the biggest rings here in america, more than a decade ago because somebody saw somebody filming something suspicious. Anything of that nature. Dont be afraid. You will not get in trouble. If the san bernanadino neighbors of san bernanadino killers reported the suspicious activity they saw that couple engaged in, those 14 people may be alive today, trish. Trish dr. Gorka, the people are afraid because they dont want to be seen as seen phone big. They dont xenophobic and they dont wand to be seen. Neil trish regan i have ireland all over my face. You may not be concerned about Sebastian Gorka or someone named trish regan, when we talk about isis attacking us there is a reality a lot of people dont want to admit but its there. We have to stop worrying. At 12 01 on january the 20th, that oppressive Political Correctness was dealt a deadly blow by somebody called donald trump. As soon as he became commanderinchief, as soon as he got back on to twitter after the inauguration he sent a very clear message, Political Correctness can get people killed. Were not going to allow it to drive policy or make people afraid of reporting what they deem to be suspicious. So yes, in the past, maybe, under obama, under eric holder, absolutely you could get in trouble. Political correctness was king. Now we have kryptonite of Political Correctness in the white house, donald trump. As such people should no longer be afraid to report things they see as suspicious. Trish dr. Gorka, thank you very much. Thank you, trish as we await, everyone, White House Briefing about to get underway momentarily i want to bring into the conversation former nypd commissioner bernie care rick kerik, and former fbi agent buck sexton. He was targeting tunnels boeing to times square, why did he choose Port Authority in your view . First of all were glad him and his device was pretty much a dud, right . Why does he pick Port Authority, why does he pick times square . You probably have between half a million and a Million People that will to through that hub on any given morning at that time. So if he had a device, the device was substantial. The device was working, he could have caused a lot of damage, a lot of death, and enormous amount of chaos. Trish a paying bomb like that could . What is he had a defective device probably. Smaller device lowtech. I heard reports five to 8 00inch pipe bomb, the way he had it strapped to his body. He probably picked it up out of inspire magazine or somewhere else. With somebody that knew what they were doing with a backpack on that was loaded with explosives, we would have had chaos. In this case him and his device were a dud and were lucky for it. Trish youve been here for seven years, buck. He was from bangladesh. Bernie said he may have picked up how to make the device from inspire which, from the perspective of the cia, in terms of the what the cia is trying to do to go after these guys, seems you should have a list of anybody who has a subscription to inspire magazine, or a login or somehow, can you know when they go on the internet and theyre looking at this because, you know, while were all for privacy, we have a reality going on here as well . What is the cia doing . Trish, Law Enforcement and intelligence agencies are trying to monitor jihadists as best they can online but as you know there is a very big internet. A lot of people are running around involved with jihadist propaganda and those doing research on it or trying to understand better themselves. We dont know if he was radicalized in bangladesh or occurred when he was here on u. S. Soil. That is really important question that i think Law Enforcement and investigators will be able to answer in days ahead of the that will tell us something what could be done here to prevent this attack. Trish, there is sense were all breathing a sigh of relief that nobody was killed or seriously injured in this attempt but this was an attempted suicide bombing in the heart of new york city in the Holiday Season. Reminder to all of us the threat is very real. This is what weve been expecting for a while based on what appeared in Islamic State chat rooms. They have been saying hit america, isis adherents hit whoever you can one of our enemies over the holidays. And they even as we know posted things about times square and christmas specifically around explosives this is what happens when you have enough adherents around the world willing to go out and be selfstarter terrorists. Trish what do we do . Bernie, you know new york city well. You had to keep new york city safe. What can Law Enforcement do right now to make sure a guy isnt successful doing this . Well look, theyre doing the best they can. First you have, this is new york city. You have more investigative resources, more intelligence resources than any other municipality in the country. Theyre constantly working with the joint Terrorism Task force, the fbi, the cia who is coming in. Trish how can you stop isnt. You will not get everyone. The unfortunate thing it is impossible. You will not get everyone. Fortunately this guy was less effective but buck is right, i mean youve got to stay vigilant. Nobody should be surprised by this. When i got up this morning i got a text this happened. Nobody should be surprised this happened. Theyre promoting it. Theyre coming to do this. Unfortunately for us were a substantial target. Trish what does it gain them, buck . Why do they want to do it so badly besides bragging rights how Many Americans they kill . What is the goal here . Attention . They believe theyre engaged jihadist where is they have connections to the Islamic State or jihadists or selfradicalized. Theyre thinking they are in holy war in the struggle against nonbelievers. Anything they can do to lash out at us, the more innocent men, women and children they can maim, murder, their greater role in the the jihad. Especially attacking civilians in the Holiday Season or Mass Transportation hub like this is a big part is psychology. This individuals bomb didnt go off. He didnt have good terror tradecraft as we say in the business but a lot of people in new york city, trish, as the commissioner knows, they will be worried when they get on the subway. When they gather Near Rockefeller Center to look at tree, they think in back of their minds, what if. A part of vigilance is good but part of the terrorists goals, major goals, keep us in constant state of fear and anxiety to make us change our daily routines. I want to point out to both of you our own job roberts that is reporting that he came within the United States america the chain migration system. The chain migration system. If you are in bangladesh and you have family members coming over from bangladesh, we dont care whether they are qualified to be here or like america or want to be americans we bring them because somehow theyre related to you. This gets us back to that issue, bernie, how this has to change. We have to rethink how we approach immigration. There is nothing wrong saying that. We want best people, brightest people, most hardworking, most patriotic. That is the best thing the president talked about the why. Im against the random coming into the country, the anchor baby stuff where people come in here and you know, they come to visit. Their wife has a baby that baby become as citizen. They have access to the states anytime they want. There is number of things within the immigration system that is wrong with it. I think the president , while he is in office has got to get it changed. Trish indeed. I think he will. Bernie, buck, thank you very much. Good to see you guys. Good to see you, trish. Trish expecting to hear from the white house. I wouldnt be surprised the issue of chain migration come up again. This is something that shows you the fundamental flaws in our immigration system. When we talk about Immigration Reform, again we need the best people coming to this country in order to grow this country. We dont need people who are liabilities. And we dont need people who want to attack just because they happen to be related to somebody who is already here. It is all coming, at a very important time because we have got a lot going on. The market is up 42 points because the expectation is were getting closer and closer to a tax bill that might actually get passed by christmas. But in their haste to get it done theyre missing a few things. Theyre missing a lot of things. For example were learning that a littleknown provision in the senate bill could slap small investors big time with higher taxes. Why are corporations benefiting so much, but momandpop investor but a regular earner isnt . Well talk about all that and point out these flaws when i see you here next. Trish lets listen to Sarah Huckabee sanders. This attack comes as our Coalition Continues to make great gains against isis. Still there is more work to being done on the ground in isis shrinking controlled areas. But we must also destroy the evil ideology behind isis in attacks like todays. This ideology has no borders but it must be eradicated. President successfully rallied the world around this cause. We will not stop until this is accomplished. With that i will take your questions. Francesca. Reporter thank you, sarah, i want to ask you about women came forward about the president , first we were on a television show. Then they were at a press conference and they said that he should resign and then also that there should be a congressional investigation. I know that you said that this is already been litigated in the last election but i wanted to get your specific reaction to this idea there should be congressional investigation into this. Look, the president addressed these accusations directly and denied all of these allegations, and this took place long before he was elected to be president and, the people of this country had a decisive election, supported President Trump. We feel like these allegations have been answered through that process. Kristin. Reporter sarah, thank you. One follow up, a little bit of breaking news we learned about, pentagon will allow transgender people to enlist in the military january 1st. Reaction to that, any followup action you will take. As of right now theyre simply complying with a court order and preparing to implement a previous policy to remain in compliance. The department of justice is currently reviewing Legal Options to insure that the president s directive can be implemented, for anything further, any specifics on both of those matters i refer you to the department of defense and department of justice. One followup i will go. Reporter nikki haleys comments i will pick that up. She will pick that up. Reporter nikki haley said, went out and election, settled issue which youve been arguing from the podium here. She said i know he was elected but women should always feel comfortable coming for war. We should all willing to listen to them, specifically referring to accusers of the president. Does the president agree with him . As the president said himself he thinks there is good thing women are coming forward, feels strongly a mere allegation shouldnt determine the course, and in this case the president has denied any of these allegations as have eyewitnesses in several reports have shown those eyewitnesses also back up the president s claim in this process. And again the American People knew this and voted for the president. We feel like were ready to move forward of that pros. Reporter accusers are coming forward now . President said good thing for women to feel many could for thible coming forward, generally speaking. Jacqueline. Reporter want to go off of that, sarah, the president told howard stern in 2005 he walked into a teen beauty pan ant dressing room, where teen contestants had no clothes on because he could get away with things like that. Is that not admission of sexual harrassment . President spoken about this directly. I dont have anything further to add. Doing one question. To move around. Reporter isis attack in new york city, isis inspired attack in new york city, and, just recently, is the president concerned there is a growing threat against people inspired by isis who have been radicalized online . I think the president is certainly concerned that congress, particularly democrats have failed to take action, in some places where we feel we could have prevented this specifically the president s policy has called for end to chain migration and if that had been in place that would have prevented this individual from coming to the United States. So the president is aggressively going to continue to push forth responsible Immigration Reform and any chain migration would be certainly a part of that process. Matthew. Reporter thanks, sarah. The president he reacted quite angrily to Washington Post reporters tweet about crowd size that quickly deleted. Explain the discrepancy between the president s reaction to incidents like this which he fault fake news and talks quite a bit about, his silence on actual Disinformation Campaigns like russia ran during this 2016 election to deliberately, spread false information so both his silence on that, does he recognize the difference between these two . Difference, look the president simply calling out a very direct and false accusation lodged against him. There was nothing more than an individual trying to put their bias into the reporting. And something that frankly has gotten a little bit out of control. Weve seen time and time again over the last couple weeks, a number of outlets had to retract and change and rewrite, make editors notes to a number of different stories. Some of them with major impacts including moving markets. This is a big problem and something that should be taken seriously. Reporter any difference between reporters mistakes and Disinformation Campaign by foreign government. Do you see distinction. I havent spoken with him about that, we would take any disinformation about that very seriously but not something were comparing two on. Reporter sarah, journalists make honest mistakes, doesnt make it fake news. When journalists make honest mistakes and sometimes you dont. Im sorry. Im not finished. There is a very big difference between making honest mistakes and purposely misleading the American People. Something that happens regularly. You cant say im not done. You can not say reporter shouting completely fake, sarah, he admitted it. Can not say honest mistake when youre purposely putting out information you know to be false or taking information that hasnt been validated, that hasnt been offered any credibility and that has been continually denied by number of people including people with direct knowledge of an incident. This is something that im speaking about number of reports taken place over last couple weeks. Im simply stating that there should be a certain level of responsibility in that process. Hold on, jim. Reporter this is not the line of questioning that i was going down, can you cite specific story that you say is intentionally false that was intentionally put out there to mislead the American People. Sure. The abc report by brian ross. I think that was pretty misleading to the American People. I think that it is very telling that individual had to be suspended because of that reporting. I think that shows that the network took it seriously an recognized that it was a problem. Reporter if i may, i was going to ask a question you use it on something else. Reporter sarah, if i may. Keep moving, guys. Reporter ask about the other accusations. Moving to a different. Reporter i didnt get a chance the one i wanted to ask. Jim im saying once and for all im moving on to jim simpson. Im not taking another question. Reporter attacks on that is okay. I would like to ask the question that i have, accusations misconduct against the president. You said that he is denied whether or not they are false . Im not going to respond to that question. Jim. Reporter some investors are saying tax reform package favors mutual funds over individual investors. Other critics who want tax reform say the bill will cost tax increases for a few middle class taxfilers. Tens of thousands, but maybe more. Will the president sign the tax bill even if there are inadvertent tax increases in some of the criticisms are correct . As i said many times before our focus and our priorities are making sure that we provide middle class tax relief, simplifying the code, bringing businesses backs here to the u. S. Well continue pushing for that. Continue working with congress to make sure we get the best tax package possible. John . Reporter thanks a lot, sarah. Tomorrow there is a special Senate Election in alabama. Back on sent the 23rd the president went down to huntsville, alabama, campaigned alongside of Luther Strange and since that time he never went down. In the course of the campaign, the campaign alongside republican nominee, roy moore. Was the president embarrassed in terms of campaigning alongside roy moore . Is that the reason why we didnt see him down there in alabama . Look the president has spoken directly about this race and who he supports and who he doesnt. Due to the regality of that im not going any further and would refer you back to his past statements. April. Reporter what is the connect white house, candidate trump bringing accusers of bill clinton to the debate, and now accusers of roy moore making accusations and his accusers . What is the disconnect here . As the president said he found the allegations troubling. If they were true then he should step aside. Ultimately the peel of alabama will make a decision in that race. Reporter what about his own accusers. He has accusers as well. President has firsthand knowledge of what he did and didnt do. He can speak directly to those. He has. He addressed them. I dont have anything further to add. Reporter ask the American Public about this . This is spinning and focused on him . He addressed it directly to the American People. Reporter more people are now speaking out. Keep moving. Reporter i understand. This is huge issue sarah. There are a lot of big issues today. Im trying to cover as many of them as possible calling on number of our colleagues. I called on trey. And move to him. Reporter come out and address this please. He has, april. I already said, i already addressed. The president has addressed it. I dont have anything else to add. Sarah, suspected terrorist in new york city was described as a bangladeshi immigrant. Bangladesh is not on the president s travel ban list. Does todays attack change way President Trump does travel restrictions . We do know the suspect was admitted to United States after presenting a passport displaying an f43 family immigrant visa in 2011 and so we know that the president s policy calls for an end to chain migration, which is what this individual came to the United States through. And if his policy had been in place, then that attacker would not have been allowed to come in the country. That is why the president pushed not for one part of immigration policy but responsible and total Immigration Reform. That is why we have to look at all sectors, do what we can to make sure were doing everything within our power to protect the American People. Olivier . Reporter thank you, sarah, at top of your remarks about isis, in new york city, your talk about the need to destroy ideology and wouldbe attackers. What policy changes are required to do that . How do you defeat an ideology attempted since 9 11 with no Great Success . What are you doing differently . What can you do differently in order to do that . I think one of the best ways we have moved forward is in a process where were allowing the members of the department of defense to aggressively move forward defeating isis and in hopes, annihilating a lot of that evil ideology through part of that process. Were going to continue to pushing, continue looking for best ways possible to make sure we protect americans. Jessica. Reporter thank you, sarah. Two quick oneses on korea. On sanctions would come number of days and secondly, the republic of korea ambassador, do you have any comments . On the first part were working through a Legal Process and again, hope to have details further on that. A little bit more complicated once we get through that well walk through a little more detail on the reason for some of the delay. And on the other, i dont have any Personnel Announcements or comments at this time. Go ahead. Reporter sarah, comment about the suspect in new york, does the white house have, does the white house have any proof this suspect was radicalized outside of the United States . He has been a lawful permanent resident living here for some time . I cant get into further details on that front at this point, if we have any i will why would his chain migration be an issue . There are certain parts im allowed to discuss at this point in the process. That is one of them. Anything further i cant get into at this point. As soon as i can i will be happy to let you know. Reporter president announced this afternoon, will he call for increase in spending for nafta . Will there be commercial partnerships or reduce nasa funding in other areas such as either science which includes study of Climate Change . I will not get ahead of president s announcement coming later today. Well have further details once the process is completed. Cecilia. Reporter two questions, who are the eyewitnesses made allegations against the president . Can you say without a doubt, 100 certainty more than dozen women who came forward to accuse this president of misconduct are lying . Do you wrestle with this personally at all . Im here to speak on behalf of the president. I can say the president has directly responded and said these allegations are false and that is what iming doing, relaying that information to you. In terms of the specific rye witness accounts, there have been multiple reports, be happy to provide them to you after the briefing. Brian. Follow up on that question a little bit. As a woman standing up there talking to us, i know your job is to relate what the president says, have you before been sexually harassed im not saying by present im saying ever . Secondly do you have empathy for those who come forward because it is very difficult for women to come forward . I would say i have empathy for any individual who has been sexually harassed and that is certainly would be the policy of the white house. Im not here to speak about my personal experience on that front but im here to relay information on behalf of the president and that is what im focused on doing here today. [inaudible]. Following up on president s announcement last week [inaudible] jerusalem current capital of israel. Protests violent protests, changes to the Vice President s schedule as he goes through the region. Does the white house acknowledge, the president acknowledge that disincreased tensions in alreadyvolatile region . Look, were continuing to urge calm and willing a meeting and discussing a peace deal. Violence is always going to be the responsibility of those who carry it out. Not the president or anyone else. And again, we urge individuals and groups to remain calm and we want to continue working with our partners, allies and others in the region to continue moving forward on the peace conversation. Reporter more than violence. About meetings being canceled. About diplomatic outcry from governments, pope, the likes of why is it beneficial the u. S. Interests president declared if all those groups, all those countries and allies are condemning that announcement . Look the president is taking a bold and courageous action on law that Congress Passed and failed to implement for the last couple of decades. The president simply moving forward and taking that action on legislation that congress has supported time and time again. Reporter sarah, following up on that, president abbas said he will not meet with Vice President next week. Does the president have reaction to that . Doesnt it mean that the u. S. Is effectively taken itself out of the Peace Process when one side wont even show up to meet with the United States . We certainly hope not. We find it unfortunate that theyre walking away from the opportunity to discuss the future of the region but the Administration Remains undeterred in its evidents to help achieve peace between israelis and palestinians. Our peace team remains hard at work putting together a plan. Well continue to push forward. Take one last question. Phillip. Reporter sarah, the lassus speck of terrorism were not trained in syria or iraq. Thursday the russians operation said that they had gotten rid of isis in syria. Saturday the iraqi Prime Minister said this fight against isis is won. Why would the u. S. Still need to fight on the ground there . Look as long as there is any member of isis left we want to continue pushing forward and making sure, not only that theyre eradicated, they dont quickly turn around and come back. Well continue to push forward making sure we do what we can to defeat isis on all fronts, and certainly we do what we can to protect american lives of the thanks so much, lives. Trish wow, just another day at the office for Sarah Huckabee sanders. You saw it get very contentious, some reporters, specifically one from cnn, really pushing to try to get his question in. And one reporter actually going so far as to ask her if she had ever been sexually harassed herself. She made the point she is not there to talk about herself. She is there to relay the facts in terms of what is going on within the white house. Joining me right now with reaction, moodys chief economist john lonski and Fox News Contributor deroy murdoch. I know well talk about taxes and the tax plan but before we get to that, wow deroy murdoch, that was quite a scene. I want to briefly play for the viewer one of the highlights. This is the exchange here between her and cnn correspondent jim acosta who effectively becoming a thorn in the administrations side, that is putting it politely. Often times his questioning, has gotten extremely aggressive to the point where it is no longer even respectful, but in todays particular case, he was going after her because there are some women came out, these are ol allegations said that the president harassed them. He wanted her response. Here we go. Journalists make honest mistakes that doesnt make them fake news. But the when journalists make honest mistakes they should own up to them. Reporter we did. Sometimes. A lot of times you dont. Im sorry, im not finished. There is a very big difference between making honest mistakes and purposely misleading the American People. Something that happens regularly. You cant say im not done. You can not say reporter that was completely fake, sarah, he admitted. You cant say it is honest mistake when youre purposely putting out information you know to be false. Or taking information that hasnt been validated, that hasnt been offered any credibility and that has been continually denied by number of people including people with direct knowledge of an incident. This is something that im speaking about the number of reports that have taken place oaf the last couple weeks. Im simply stating that there should be a certain level of responsibility in that process. Trish that is indeed the frustration at that this administration has with the media. That is the core of it, deroy. There is a lot of reports out there, some of which are totally untrue but they make their way into the mainstream media. Sarah Huckabee Sanders is on front line of fighting back on some of this stuff. Enough. This just isnt right. Your reaction to that exchange . This is supposed to be News Conference. More like a news debate with some of these people who dont just ask questions, engage in very contentious back and forth which i think is unseemly an inappropriate to the setting. As to the whole problem of fake news or at best very sloppy news, we had huge stories like the brian ross story last week supposedly candidate trump sent mike flynn to the russians. Oops, it wasnt candidate trump. It was president elect trump. When flynn was talking to russians doing his jobs, trying to establish ties and links of incoming situation with diplomats of 30 different countries. Other report of wikileaks being in touch with donald trump, jr. , was december 4th. It was december 14th. That was the day this became public. Awful thing they did was send donald trump, jr. , information already public. So much for insider deal there. I think you have a lot of very biased journalists eager to lynch donald trump at any given opportunity. As consequence theyre not doing basic things they ought to do which is check their facts. John lonski, i certainly want her on my side. She is tough with them. Yes, she very much is. The question now becomes who do you trust for information . Who do you trust for news . You see a News Conference like this, average american comes away with the impression i dont necessarily have a lot of confidence in the mainstream media, as far as getting the facts straight and as far as knowing what type of news to emphasize, what is more important. Trish dont go anywhere. I do want to talk taxes with you. Okay. Trish this bill is not entirely as it seems. There is some flaws that matter to you, out there, and matter to your investments. So were going to point them out. Well be right back. Trish the market is slightly higher today with gains in technology and energy. The dow is up 30. Nasdaq doing the best here, apple up half a percent. Bitcoin, weve been talking about it, almost every day now, because well, it is now trading for the very first time at the cboe. Bitcoin futures are closing in on 19,000, on first day of trading before pulling back slightly under 18,000. The cme will start trading Bitcoin Futures next week. Tax reform is getting closer to being passed, everyone. The only problem this bill isnt doing all it was intended to do. Sure, corporations are getting a big break. Theoretically that will help with job creation in the stock market. But ill tell you one thing, this bill is incomplete, and it espn liesing individual, high earners. It espn liesing american letting fat cat, wall street private Equity Investors getting away with paying less tax than say, i dont know, a new york city fireman . Doesnt seem right. Didnt our president promise to fix that . There are reasons the Hedge Fund Managers are all donating to Hillary Clintons cam and not to mine. Everybody getting rich off the rigged system and who want nothing to change and nothing, they dont want anything to change, they want to keep it the way it is, are throwing their money at hillary clinton. We will eliminate the carried interest deduction, wellknown, deduction and other special interest loopholes, that have been so good for wall Street Investors and for people like me, but unfair to american workers. The Hedge Fund Guys wont like me as much as they like me right now. I know them all but they will pay more. Trish i can tell you they wont pay more. You know what . They like him, well, as much as they can like him, given that this is new york city. They like him a lot right now, you know what . Those private equity guys and gals, share taxes arent going to go up. They will still get away with treating their income as investment. And that means the percentage they pay is a whole lot less. You know what . If this wasnt bad enough, we just learned everyone, this bill is penalizing individual investors bigtime. So in other words the private equity twice get away with paying less while the individual pays more . Come on, washington. Come on President Trump. I mean dont just give us lip service. If you really care about the little folks show us what you can do. This is horrible. Gerri willis joins me right now with more on this new red flag, shall we call it in the bill. Youre right, trish this is amazing. Listen to this. The house and Senate Meeting to hammer out differences between the tax bills. One small difference is a provision in the senate bill that could cost them bigtime. That provision would force small investors raising cash by selling partial stakes in individual stocks to unload their oldest shares first. It is what accountants called first in, first out. Selling those shares the oldest in the portfolio would likely cause a higher tax bill. The senate included this provision, hey, they could raise 2. 4 billion over 10 years. One investing Organization Says small investors are already complain about the provision, quote, our members dont think its fair. It takes away a lot of their flexibility. And Charles Schwab had this to say, the company, to congress, quote, the current requirement investors sell shares according to a first in first out methodology is unfair to the individual investor. Investors should have the freedom to choose which of their specific securities to sell. We remain hopeful the fifo provision will be modified or dropped. And this, we just got our hands on this today. This is a letter that the ceo of ups sent out late last week informing his employees and former employees what is going on. Ups is a big company for stock Compensation Plan that is 70 years old. These folks invest in ups stocks. Its a core principle. He is warning them about the fact that their taxes are going up and telling them to complain to congress. So thats big turn on the story. Also, we want to know still unanswered, how would this affect portfolio rebalancing . How would it affect dividend reinvestment . We have a lot of questions. They arent answered but i tell you, small investors are steamed up, and they could be selling before the year is out. Trish unbelievable. Ill tell you, gerri, we care about momandpop investors. Thats right. Trish we care about individual americans. We care about people out there trying to earn a living and working for a corporation. And ill tell you the more we look at this thing you see corporations are doing great. Hey, you know im all for that. You are too, right . Right. Trish we need healthy corporations if we are to have healthy economy but when it comes to wage earners theyre getting the short end of the stick and its not right i agree. You have your finger on the pulse of this one. Trish gerri willis. Thank you so much. Well be right back. If we talk about tax reform and it gets closer and closer to passing the question is do we want this thing passed because its favoring corporations at the expense of individuals. Thats what is happening here. I know you tried to tell me i should take the sum of the parts and the overall its going but gosh darn it i think they couldve done better and now learning today that they are going after the individual investor who is going to wind up paying higher taxes they could have done more and they should do more. What is happening here. They ran into your budget constraint. The federal debt is now at 77 percent of gdp. They lost a lot of maneuverability given the fact when you have revenue neutral fiscal stimulus which is what theyre attempting today. Theres can be a lot of losers along with winners. Half is better than none. They couldve offered individuals a better scenario. The way this looks if you are commercial real estate and mens investor. You get a condensed appreciation investor. You are able to pay a lower corporate tax. There are a lot of things here that would favor people and those that actually paying the taxes i mean really paying them because you know of the top 10 are paying 70. 1 percent of all tax revenue. 70. 9 percent of all federal income taxes those people are not getting a break. Its very simple. Three tax rates instead of seven. 15 corporate tax. If they have done that i think it would be a lot better than where they had ended up. A complicated baffling mess. I think a that complicated kathleen ms is better than the status quo. Theyre just adding more wrinkles and loopholes to this. Lower rates as low as possible. Instead we had seven or eight coming out of the senate the top tax rate of 44. 6 in some cases. We should go back to the very simple proposal. All the way down to seven. That doesnt create anything at all. We liked what we heard in terms of the swamp is at work. And the lobbyists are on this. The president is speaking right now we understand lets go to the white house. Especially mike as i said i want to thank you. We also welcome astronauts christina, thank you very much. She recently returned from the International Space station and station and is now spent an incredible 665 days in space. You will have to explain that. That sounds tough. More than any other american. More than any woman ever. Finally we are honored to be joined by apollo astronaut jack samet almost to the minute. He became one of the last americans to land on the moon. I think we will be finding other places to land in addition to the men. We will find some other places out there. The director im saying today. They will refocus the Space Program on human exploration and discovery. It marks an important step in returning american astronauts to the moon for the First Time Since 1972 for longterm exploration this time we will not only plant our flag and leave our footprint we will establish a found