Transcripts For FBC Cavuto Coast To Coast 20170217

Blake burman with a side of the story youre not hearing. Hi, blake. Reporter i was talking with a white house official about this trip to boeing, in the plant in South Carolina. I asked if this is any news coming out of this . I was told look, this is focus of president and this administration about jobs and job creation the president tweeted about this quote, going to South Carolina to spend time with boeing and talk jobs. Look forward to it. Neil, speaking of news conference, the whole media back and forth got whole lot of attention. Keep in mind the president started talking about the successes they feel they have had here in the white house in the first, three, four weeks or so. Earlier today the chief of staff, reince priebus, was once again talking about that. He appeared on fox friends this morning. Laid out a couple of things that they felt they have done here in the first few weeks but also notable, neil, he mentioned how theyre turning an eye to obamacare around tax reform. Priebus reiterated what the president said yesterday in response to my question which is that it will be obamacare first, tax reform second, in terms of a legislative timeline. Lets listen to the chief of staff this morning. Were working on a plan last night. We spent two hours with secretary price last night with our team, going through our plans on obamacare. He is going to quarterback our plans through the house and the senate. Were finalizeing that hopefully during the first week of march, well work on that plan with congressional leaders. Tax reform comes next. Reporter timelines here about exactly what comes next, neil. I can tell you as far as tax reform goes, speaking with folks here what might be in, what might be out, a whole lot appears to be in the works, neil. Neil thank you very much, blake burman, at the white house. Bottom line the media having fits after the press conference is natural but sometimes when you follow these things whether youre looking at the good side of donald trump or bad side of donald trump a little bit of both, you have to step back and say, wow, everyone will have to take a chill pill. Take a look. Instead of me, me, my, my, im the greatest ever, come on, just be quiet. It was like a guy almost like, on a couch explaining his problems to miss shrink. It was sprawling. It was all over the place. It was a road map of his mind. It was very disturbing road map in many regards. It was unhinged. It was wild. That might play well with the 44 of the population that voted for the president , but, a lost americans are going to watch that press conference and think, that guy is not focused on me. I dont even know what he is focused on. By the way the same could be said of the media. Theyre not focused on my worries and more focused about their own thin skin . . This is what people voted for good or ill. Journalists have a point with this obsession going back after them, them going right back at he, he is a zerosum game. These are putting money on him getting kind of stuff done they want to see get done. What do you make of that . This is what you do, where do you put your chips, neil . Do you put your chips with guys with skin in the game or guys that write about people that have skin in the game . That is what it comes down. Since the election we have tacked on 2 trillion of wealth on the stock market. At the same time still a bunch of people cant get over the fact that their candidate lost the election. These leaks, they had their vo very different in this environment. What do you make of all this . Certainly it was very honest. I dont think that each side is seems like mutually beneficial relationship. Each side gets to cast the other as its whipping boy and cable ratings are through the roof and donald trump gets to cast the media as enemy number one. It plays to his base. Neil yeah. I dont see any, i dont think this is all that surprising is going apoplectic about it. I honestly think everybody is playing their roles and donald trump neil professional wrestling youre saying because, i think you guys want to hear my professional wrestling impression, oh, brother, it is out of control but thats it. Katie, i look at this, i often think to what end . If each side playing to its base is the needle really moving . Donald trump, calling what is a campaign weekend, speaking in florida at a rally, is that really moving the deed nell here or just preaching to his own zealous choir and were not really advancing the ball here, what do you think . Right, it is actually good for trump if the needle down move. Everything he did at the press conference was not knew. He has been doing that entire president ial election. Neil it is different when he is president. Thats true. Neil very entertaining. People werrivetted with it like him or not. It is very different when the president of the United States. He is in the east room. To be fair, he is taking on any and all questioners, having fun with them but i think it is different when youre president doing that. Of course. I do believe he is playing to his base. All of these people, they feel like he is talking to them. He is going right back at the media. The media has not changed their tactics. They are feeling like people backed up to the wall, maybe having selfreflection what they have done wrong, they are swinging, pointing the blame, only one in the wrong is trump. For trump, that is music to his ears. He turns that around everyone voted for him solidify, see, im encouraging my promise, doing what i said, media is putting me the bad guy and being so mean. I think it will work for trump if the need doesnt move. Neil some are being more selfreflective than others. John dickerson, said trump didnt ruin the presss reputation, we did ourself. Right. Neil some are stepping back saying it is not all him. Its a good thing. Neil scott, one. Things i want to ask you about, talking about the markets, the great runup, they are priced for perfection and he gets past this, controversies and repeal and replacement of obamacare through. What happens if there are signs that might not happen or gets delayed . Then what . Youre exactly right. Well have to see some othese numbers, where the rubber meet the road to support the market where its at. I think we still have to ask these people or liberal media or whoever is doing complaining, judging him under a microscope like nobody is judged before, number one we elected a nonpolitician, that is what we got. Number two, do you want to go back to the days of homeownership at 50year low, 10 million more people on food stamps than we had eight years ago . Want to go back to the days with decline jobs . Look at average job numbers posting theyre on a downward trend. If that is what you want to take the yourself off media microscope of trump, i dont understand that. You want to harken to bad ol days . At least to a guy that is giving us a chance. Markets says he is giving us a chance of the we have to start to see the numbers come in to support the idea. Neil when i look at all of this, guys, susan, i bounce this off of you, one of the things we try on fox business and fox news, since i have shows on both networks. Our goal is literally fair and balanced. I really mean that. Some people say ah, i report on all the problems with general flynn and what happened and well look at the context of this failed vetting executive order that was ultimately you know, shot down by judges and what happens to it now. Well get through controversies. Well point out, as i think scott did at the outset, 2 1 2 trillion in market wealth added. Maet surge. Unions praising this president , something unprecedented for a republican. Get to the fact here he is in at boeing plant, exciting Manufacturing Base of this country. Something heretofore unthinkable under a democratic or republican president. So well look at the executive orders. Well look at roll back of regulations which some say is more than overdue and welcome. So why cant everyone in the media do that . Im not saying were the Gold Standard . Im saying though, given the nature of 24 Hour News Networks we can report on the good, the bad, the indifferent, cover it all. You hear that, susan, see that, do you see disproportionate coverage one way or the other . I think objection tivity neil by the way i leave the Washington Examiner out of this. Of course youre practicing that yourself. Were trying and doing our best honestly. It is hard in the media atmosphere where twitter changed the environment. There is really no he will real objectivity left. People come to things through at that point of view. Neil they see it through that prism, youre absolutely right. Anyone that suggestion as particular outlet doesnt have a voice and not develop ad voice over time is not being honest. With this situation you have to look at the proof will be in the pudding. It is nice to have the stock market go up and everyones 401 k s in the middle class go up but is it creating jobs . There are millions of jobs lost and gained throughout the year. Were going to need to see an uptick in jobs for this to show people, the voters, that sent him and voted him in the Electoral College are really responsible for electing this president. They need jobs, in pockets of this country, not on the coast. Neil success or failure of any administration, it does get back to jobs in the economy stupid, of course as bill clinton made famous. Katie, when im looking at this, the scott touched on the markets with the jobs happening, economy picking up, if there doesnt, could be hell to pay but there are agendas on both sides and there are those who are trying to stop this movement or stop trump or stop what he is trying to do here. And thats where i get into this idea that the more you can distrack on other issues, im not saying theyre all unimportant, the more you slow that down, or slow his appointments down, or slow his agenda down, the more you push it into Midterm Election year, the more you could possibly tip the scales and maybe deny him the opportunity to fix this stuff, right . Right. Of course the problem here though, these are the same tactics the left has been using for a while now. Look where it has gotten them. Gubernatorial across the country not looking so good. Senate, dont have it. House, dont have it. Hillary clinton lost. Theyre not changing anying their strategy. It is not like theyre having a Tea Party Moment reflecting on crushing defeat. Theyre trail blazing ahead. Dont think it will do them a whole lot of good. Neil well watch very, very closely, guys. Scott, i got to ask you, what the heck are you doing in london . Weve got an office here. Gives us a different perspective. I just wanted to add, this complaining is not going away. Tony blair, exPrime Minister today, gave a speech, brexit was five months before trump, gave a speech today to activists to get together, coord guys i want to thank all of you. Very interesting discussion. Look at corner of wall and broad where stocks are down 58 points. Still an up week, up 270, 280 points on the week. Markets are closed on monday for president s day. This president of course working through the weekend, a big, what some are calling a political rally in florida tomorrow. Why is he doing that, after this. Why pause a spontaneous moment . Cialis for daily use treats ed and the urinary symptoms of bph. Tell your doctor about your medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. To avoid longterm injury, get medical help right away for an erection lasting mo than four hours. If you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. Ask your doctor about cialis. Neil all right. Welcome back, everyone. Were told the president now has a arrived in South Carolina. He is going to be meeting with boeing ceo dennis muilenburg. They strike up a nice relationship. Could have been very, very dicey. Mr. Muilenburg had to take it on the chin, donald trump wondered, what is the deal with the air force one contract . How did this get so out of control . Rather than fight him, making a big federal case, muilenburg, quietly met with him, talked to him, to see how they could renegotiate the contract. Curried favor with the incoming president and the rest is history. Look where the president is. Ceo in this day and age, cited or called on by the white house, can make hay of that, or can make something nice of that. He has made something nice of that. By the way the president tweeting today, the Obamacare Repeal and replacement is going very quickly. There is Clear Division on republicans. Senator Mitch Mcconnell on that moments ago. We have a mitt commitment to the American People to produce a Health Care System for them. I would remind you that bill clinton said it is craziest thing you have ever seen. Eight out of 10 americans want it gone or substantially changed. That is what were going to do. The timing . As soon as we have the votes. Neil just as soon as we have the votes. Did you hear that caveat there . That is what i do, folks, i do the analysis for you ahead of time. In all seriousness, dont get your hopes up crazy nuts. Something could go wrong, probably will, and things could be pushed back. After the repeal and replace on obamacare only then we start addressing the tax rates and everything else. I point that out to make it clear in this town where everything becomes like this byzantine project, enter Mitch Mcconnell to say, weve got a byzantine project. Pennsylvania Republican Congressman mike kelly met with the president yesterday, very powerful figure, mover and shaker, congressman, always good to have you. I read into that dont get your hopes up. Did i read too much. No, i dont think you did. People who elected mr. Trump, the president who is an action figure, he is not comfortable with things going slowly. We dont have to be in a hurry. Look the first time we got it done. Neil i hear that we want to do what is right, of course you do. Yeah. Neil the more i hear talk like that, the more i hear caveats like that, not out of you, sir, i understand how the leadership works, i understand how the town works, but theyre setting up for some disappointment here. That is just my read. Disavow me of that notion . I think that people have been here a long time, that is the way they think. They dont think anything can get done quickly. Neil you disagree with Mitch Mcconnell . You know, leader has been in the senate a long time, i respect the time he spent there but im from the private sector and for the private sector, if you wait too long, only thing that comes to you is cold pizza. Make sure you get it there early and get it there hot and something people can digest. Neil i like cold pizza. I think he is happy with cold pizza. Im not. Neil i hear you but what does a guy named kelly know about cold pizza but i digress. Do you think, congressman, the repeal and replace will be simultaneous, by that, whatever the republicans come up with, repealing obamacare, having a replacement mechanism whether it is rand pauls but something there simultaneously . I think there es enough there we can blend it and make sitting happening almost simultaneously. With dr. Price in charge of hhs, that was a big part of it. He is there and working this white house works. This is not a group of people think when is the next golf time. They get there very early in the morning and get there late at night. Get there in 6 00 in the morning, working to 11 00 at night, you have a president working longer, are you kidding me, we can get it done. Everyone will have to adopt our same pace, well take our time, no, lets get it done. Lets get it done. Neil is it your best understanding that we get a tax package out the latter part of next month and then by summer time it is voted on and approved . I know chairman brady is working very hard to get that done. Neil talking about kevin brady, house ways and means chairman. Yes. I will suggest this. Affordable care act was rushed through, big pieces of legislation take more time. We know what we have to do to get the economy started. Make sure everything we do, comes to the tax form, is it progrowth tax reform . Does it actually move the country forward. This is a president expecting big things from people he says im working with you, but you better put something there that i can get out there to the American People. Well work very hard to get to that end. Neil so does that mean that you still support the party leaderships effort to go first with obamacare around, president hasnt indicated as much but in retrospect you think that was a mistake, maybe the tax stuff should have moved first and for most, you guys largely agree on the broad tenets, health care thing not so much . Big thing, executive orders got taken place. That was on the clock. We had to get it done right away. When it comes to me, tax reform, Health Care Reform are both at the highest priorities. We shouldnt have a problem with walking and chewing gum. I think in the private sector youre able to do things you have to learn how to do it because if you dont do it you fail. I think the American People have seen enough failure. Obamacare, failure. Tax reform, last time done in 86 by president reagan. A lot of what we see in tax reform will come from this president out of the white house getting people to work together. We have to get it done now, neil. We cant drag our feet. Neil congressman kelly, have a great weekend. You too. Neil meantime all these polls how the president is doing, so he quotes one shows him doing pretty well. People are saying wait a minute, that is not realistic poll. What if i told you it was, and its track record is actually pretty good . After this. Hi my name is tom. Im raph. My name is anne. Im one of the real live attorneys you can talk to through legalzoom. Dont let unanswered legal questions hold you up, because were here, were here, and weve got your back. Legalzoom. A new rasmussen poll in fact, because the people get it, much of the media doesnt get it, they actually get it, but dope write it, lets put it that way, a new rasmussen poll came out a short while ago, has our Approval Rating at 55 and going up. Neil now immediately after the president was touting this rasmussen poll, a lot of folks said polls have you way down and youre still pathetic and still a loser around dont know why youre breathingsing. They didnt say that but dismissing a poll that says. Jamie holmes why there is not in sync with the others. Not off by a wild amount and more americans liking what he is doing, and no other suey showing that and why the media was pouncing on that. Jamie holmes, analyst with rasmussen, explain it all. Explain it all. Thanks for having me, neil. Just like making pizza. I show you how we make a little polling pizza. As sues send reports we ask likely voters. Some other polls we ask all adults. We make the argument asking likely voters you get a better gauge of the electorate, people that go to the polls pull levers for our representatives on the hill. At 1600 pennsylvania and put pressure on politicians when it comes to politics. We poll on nonpolitical issues, like sports, you name it. We ask all adults. That is a little bit different adults because were polling about politics we poll people who are politically engaged. Neil none of the others ask likely voters . We have our certain secret sauce how we get to the likely voters, there are a series of questions. Which we make a lot more phone calls than other polling firms which is little bit more expensive but it gets to those people, our fellow citizens who are likely voters who are more politicallyengaged and it gets you closer to how elections and policies might actually turn out because after all, neil, our elected officials, theyre not pandering to people who dont go to the polls. Theyre pandering, trying to legislate and talk to people who do, so we do as well. Neil you know what is interesting about that, and i was predicting this yesterday and i saw it in the press, that you guys are outlyers. Most pe saying this president stting off the worse of any other elected. They always tend to focus on polling with the least favorable ratings even noting a few others with slightly higher and there is yours, that becomes the default, the lowestrated poll. Right. Neil that feeds a narrative a lot of people have that the media is out to get to this president. The president seizes on that and make you go too far. What do you make of this . That press conference, revealed for all that acrimonious relationship is alive and well . Absolutely. Yesterday, that was a blockbuster after press conference. The only hysteria i saw, neil, from the Mainstream Media and their reaction to President Trump, pretending if theyre some sort of priest hely caste giving divine truth. How President Trump our polling data is likely voters that gives us a different number. Were closer than other pollsters came to the 2016 election. Neil you were. We predicted scott brown would win that surprise election in massachusetts in 2010. This may interest your viewers. We were the ones leading on question of legalizing marijuana. We found in 2012 there was a majority of likely voters who favored legalizing marijuana. Of course youre seeing that, so that Movement Across the country. Neil yeah. So i think, the media, as you say, they like polling that fits their narrative. Of course the president , he likes polling that fits his. We like polling that is real and works and tells you where again your politically engaged fellow citizens how theyre leaning and how theyre thinking. Neil you link that with a nation as high as a kite on pot. I admire that. And pizza. Neil im so hungry now. Amy, thank you very much. Amy holmes of rasmussen. Thank you. Neil were getting word that President Trump may et with new candidates for the National Security advisor job. Keep in mind the one they were considering passed it up well have more after this. R investors stay confident for over 75 years. Call us or your advisor. T. Rowe price. Invest with confidence. As after a dvt blood clot,ital i sure had a lot to think about. What about the people i care about . Including this little girl. And what if this happened again . I was given warfarin in the hospital, but wondered, was this the best treatment for me . So i asked my doctor. And he recommended eliquis. Eliquis treats dvt and pe blood clots and reduces the risk of them happening again. Yes, eliquis treats dvt and pe blood clots. Eliquis also had significantly less major bleeding than the standard treatment. Both made me turn around my thinking. Dont stop eliquis unless your doctor tells you to. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. If you had a spinal injection while on eliquis call your doctor right away if you have tingling, numbness, or muscle weakness. While taking eliquis, you may bruise more easily. And it may take longer than usual for 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. Eliquis treats dvt and pe blood clots. Plus had less major bleeding. Both made eliquis the right treatment for me. Ask youroctor if switching to eliquis is right for you. Neil all right, President Trump pledging to prosecute any intel leaker. How does james comey fit into this mix . The fbi, and whether Michael Flynn could get really under the legal microscope here . Charlie gasparino crunching stuff and making a lot of phone calls as he always does with the latest. Interesting, not too long ago, people at the fbi, agents, senior officials there really thought james comey would be out of a job. They thought donald trump had crosshairs to get rid of him and put in Rudy Giuliani or somebody else. Since then it is 180. If you talk to these people, there is very Good Relationship between donald trump and comey. In a sense comey has Donald Trumps back right now. You could see why, for a lot of reasons including the fact that comey owes wants to stay in the job. If you want to stay in the job you have to be. Is to your boss. Neil could be taken out of that job . He hasnother few yea . There is ways, ways to get him out of that job. You have to say he did something wrong or lost my confidence. A lost neil most times they step down. One person who didnt do that was j. Edgar hoover. There has never been a precedent after that. He had stuff on guys. They didnt have anything on him until he died, then we found out owl sort of great stuff about him. That is where it is. Comey has his back. He has comeys back. That is a big thing because the fbi neil prosecution of Michael Flynn seems to be out. Heres the thing. The fbi doesnt prosecute, it investigates. Sometimes they recommend prosecution. Seems like they will not recommending prosecution of flynn because comey has this relationship with trump. Although i will tell you this, if the Washington Post is accurate, that comey diddies close, you know misled agents had classified conversations with his russian counterpart neil whether flynn did. Whether flynn did, that is not that much different than what. Martha stewart did. Who prosecuted Martha Stewart . James comey. Direct attorney for the southern district. There is interesting parallel. Neil were looking for someone to take that job. Already it is not easy. With retire admiral bob harward not taking it, this might not be a an easy position to fill. Right. Neil you have to worry in the interim, that is a pretty important division. That is another thing that stymies him. Yeah. You get the feeling though, that the Republican Party has incredible apparatus and want him to get through a legislative agenda, he will have to tap into that. He cant donald trump ran as an outsider, but if you have that apparatus, paul he ryan, Mitch Mcconnell, all these guys are willing to help. He will have to embrace congress in direct way. Mitch mcconnell neil he is seng signals and the tweeting gets in the way of what is important. John mccain is latest to say his administration is in disarray. Others talk of chaos. Those republican critics, more to the point, chilly relationship, particularly mccain. I wonder how this affects roll out of legislative agenda . Markets are off. Still at fairly significant high here. Neil absolutely. Talk to any sophisticated invest to, only matters of time this sells off unless he gets the legislative agenda intact. We talked about this yesterday. There is a lot of moving pieces here, but what is propping up this . It isnt his infrastructure plan. Neil tax cut. Tax cut and regulatory plan. Neil not repeal and replace of obamacare. If he doesnt go through the tax cuts, not just rich people that benefit when the market is up, market is pricing in fiscal growth, and you know jobs. Neil what drives me nuts, when you read the Mainstream Media the next day, talking about bringing about the markets, all his fat cat friends. Doesnt that just, you feel have to go to markets 101. Who is in the markets . Who are in the 500 stocks in the s p . Neil can bang your head against the wall. These companies do better they employ people the market is barometer wh they might do in the future. It prices in future Economic Growth. If he doesnt get the Economic Growth that neil i appearing for every time it gets delayed and pushes latter part of this year, next year, talking Midterm Election. Right. Neil even Ronald Reagan who got through the most sweeping comprehensive tax cuts in human history, paid mightily in the Midterm Elections. Of course. High Interest Rates hurt him too. Volcker neil all of the above, very different con he my for this president. Im saying time goes by things look more dicey. Pretty simple. Steve leeb points it out with him. Neil could you dot china thing. China he is Excellent Market analyst, and what he says neil he is. Does price earnings equal dow 21,000. He would say no, currently. Theyre not neil how do you justify at these levels. This performance does not gufffy 20. 5. What does justify it, tax cuts and regulatory. Neil thank you very much, charlie gasparino. The president makes remarks soon at the bowing plant in South Carolina where 78 of the workforce voted against joining a union. That was expected to be the case. What was not so many feeling that way. Well have more after this. The bottom line is, for your goals, this is a strategy id recommend. This actually makes sense. Now on the next page youll see a breakdown of costs. What . Its just. We were going to ask about it but we werent sure when. So thanks. Yeahthats great. Being clear and upfront. Multiplied by 14,000 financial advisors, its a big deal. And its how edward jones makes sense of investing. Neil all right. Still awaiting the president to speak out in South Carolina. He is at a boeing plant. And manufacturing at a nonunionized workforce no doubt. That was confirmed by eight out of 10 workers at the very plant saying they like things the way they are. Get ready for very messy recess the next week or so that congress is off. A lot of republican lawmakers heading home to the protests. They plan these town hall meetings. They have gotten ugly. Leftwing groups come out to make it raucous affairs. Freedomworks about returning protests with counterprotests. Adam, very good to have you. How are you doing . Thanks very much for having me. Neil how will it go here . This has been a new development where leftwing groups or those inspired by leftwing groups come out and they just crowd these town hall venues. Some get pretty violent. What do you do in their place. What do you do . The most important tactic youre trying to do, get actual people who are in the district in front ever the congressman. And because, when the congressman sits there in the room, or she looks at people who vote for them, they have a huge influence on their behavior. But specifically what is happening right now, i just have to point out, the only reason you have these raucous town halls is that republicans have had seven years to come up with a plan on repeal and replace of obamacare and they dont have it. Once they have it, they will be better armed to push back at some of these folk, look, here is our plan. But the first things first, you have to talk to the conservative activists who had a Great Electoral system, all right, now you have had your rest. Time to get back out and make sure that your elected officials hear you. Neil adam, you worry though that your protests against their protests could combine for some, well, pretty dicey things. What were not, our strategy is not to like, hey youre bringing in 50 people. Were bringing in 50 people. Neil what is your strategy . On march 15th well bring in 1000 of our best act stiviests in d. C. To do targeted office visits. From march 15th through april 15th, well make sure, we assume by march 15th well have a bill to support on obamacare. You have a whole month of action. Neil youre not going out to some of these town hall event in various districts across the country, youre not doing that . We are doing some of that. We started back in december working on a lot of the particularly like the pruitt nomination to the epa. Neil right. We started getting folks in with different members that way. I can hear in the background, i can hear how loud these different places are. It really isnt a great strategy to send your guys up against their guys and have a braveheart type situation. Neil that is a ry good alogy. They do like that, a, the press covers it. The press covers. Neil i wonder if it works against them where it gets violent and escort congressman or women under Police Escort out of there, what purpose does that serve . What are you doing . When i look at the strategy, what i look what is happening on the other side they had this march just a few weeks ago, the womens march, i think theyre trying to read and study the tea Party Playbook from 2009. The way that you try to make, the reason you make all that noise, you dont have any influence on the system. Republicans control the white house, the house and the senate. So just turning people out to the streets is no longer a good strategy. It isnt a good strategy if you dont have any levers of power. What were doing being much mortar getted with different members, ones leading Obamacare Repeal and replace, make sure they know when push comes to shove we have their back. Neil adam brandon, freedomworks ceo. Out of washington, d. C. Thank you, sir. Thank you. Neil on the left of your screen as adam was speaking, were in South Carolina at a boeing plant. Part of the theme im looking at your jobs. Im looking at having your back. A lot of those boeing workers it translated into 20 billion worth of aircraft orders, ironically many of those target the for iran and iraq, given the president s new vetting policy could be in jeopardy here, to say nothing of the crackdown on iran and nuclear deal, with the iranians, you know what, well cancel the dreamliners which are debuting today at this very plant. It could be dicey. It could be problematic. But with this president lets just say it will not be dulled. Well have more after this. Neil we are moments away were told from the senate attempting, i say attempting a vote on scott pruitt to run the Environmental Protection agency, better known as the epa. What was weird yesterday, there was concerted effort by people at epa itself to try to stop this thing happening, bringing out anything and everything to prevent pruitt from running epa all together. This would not be the first time an agency, Agency Workers have protested an incoming boss and tried to do everything in their power to make it not happen. Again it shows you what he would inherit coming into a job over so many who he will be in charge have tried to stop. We saw similar moves in the Defense Department with jim mattis. Similar moves with Rex Tillerson at state department. State department leakers got the australian Prime Minister phone call out to the public when it should have been kept secret with President Trump. Dont get me started on the whole Michael Flynn situation. It is routine pattern to this, stuff gets out and sometimes seized on by those who are working at the very agencies protesting the very people who will run those agencies. Betsy devos, over ad education, another example of that. This looks like it will fail like some of those others. That vote coming up momentarily. Snapchat getting a lot of attention with a road show that begins with a great deal of hype over a pretty big price, 22 billion, lowered from what it was originally thought to be. Is it worth all the fuss. Sir Martin Sorrell says yeah. Snapchat is the latest. Do you think it is worth all the buzz it is getting . Yes, simply put, yes. Neil you do . Facebook light . Potentially. We know facebook tried to buy snapchat on at least two occasions. We know facebook have made changes to their to their applications or changes in their applications, 13 or so applications which mimic a lot of things we see on snapchat which we think will be successful. Neil all right. He is very comfortable with its offer and thinks it will go well. Lauren simonetti following it all. What do you think, lauren . A company with puppy filters worth 22 billion. Could be, neil. Neil good point. Good point. Lets go you there the numbers. Shares are expected to price 14 to 16dollars allin. Valuation of 22. 2 billion. Mind you, alibaba, the biggest u. S. Ipo was 25 billion valuation in 2014. So snap could be tremendous like you noted. Road show monday. Prices march the 1st. Likely trades on the Stock Exchange the day after that. The issue, this is the question you asked Martin Sorrell, does snap have to prove it isore like facebook and less le twitter . Absolutely. How do they do that . In this road show that kicks off they will call themselves a camera company. Theyre about cameras and how cameras are capturing the world. Were at the beginning of developing that technology right now. Engagement, their user growth is slowing, especially once instagram launched their stories. We saw Snapchat User growth stall. Those are engaged users. Checking snap, 18 times a day. Spending half an hour a day on average. That is what they have to prove to investors. Let me show you really quickly how other Tech Companies have done since the ipos. Facebook shares, since the 2012 ipo, priced at 38 . Theyre up 250 . Look at that neil. If you think thats a lot, check out google. Google is up about 900 since august of 2004 ipo priced. Well see. It could get exciting. Neil lori rothman, fbn am cohost. Im sorry. Lauren simonetti. Im sorry, looking ahead. Come on, you know. You got the show right. Neil i will try to blame someone with nothing to do it. Ralph, lets blame ralph. He is gone, he is toast and he had nothing to do with it. Thanks very much, lauren. Stocks are down about 64 point and ralphs history. Well have more after this. 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Taking trulicity with a sulfonylurea or insulin increases your risk for low blood sugar. Common side effects include nausea, diarrhea, vomiting, decreased appetite, and indigestion. Some side effects can lead to dehydration, which may make existing kidney problems worse. With trulicity, i click to activate whats within me. If you want help improving your a1c and blood sugar numbers with a noninsulin option, click to activate your within. Ask your doctor about onceweekly trulicity. Neil all right, the second hour of coast to coast. Im niel cavuto. Glad to have you here. The president is touring this facility. Its where the dream liners are made today making debut today, including orders made in iran and iraq. So about 20 billion worth of orders to countries like that that might be up in the air depending on how the vetting process works and the Iranian Nuclear agreement or maybe cut or attar all of those orders, we dont know. A largely supportive cast there. Eight out of ten of them to stay away from unions and avoid unionize push that was led by a number of union that is was shot down pretty easily. Lets get the read now from economics professor, womens forum and ron. Ron, to you on this and this plant, its a victory in a way for this president meeting with the ceo of boeing right now that he has had their back, jobs are still here, hes going to continue looking after them and they have much to look forward to, is that a fair argument. I think its a fair argument but we might see more. You brought up a couple of points, one, how hes going to navigate the trade with the middle east, right, allowing boeing to continue selling their products over there. The other question is what trump will do for the xm bank, if hes going to appoint another board member, allow them to have the favorable loan status and boeing is the number one benefactory and something that hes announcing later today. Thats what we are following and trump, you know, he has been on a victory tour and rightly so, the question is will the press cover it . Neil well, that is is that. Buy all of these dream liner planes in advance knowing full well that any u. S. President down the road that wants to attar, alter them. Theres a big risk. Thats right, niel, theres so much the president needs to address here, it goes well beyond boeing. One of the main things when i think about the speech today is sort of the potential trade war and the question about protectionism. On one hand a lot of us conservative enthusiastic about the president cutting taxes and moving to a free market libertarian approach to economics and the other piece thats weighing a lot of us and concerning. I think that this is tetting where we are going to want to hear a little bit more about the border tax and what does this mean, this is, in effect, aggressive tax for a lot of americans. Neil let me get that part of your brain working, not that it needs much working, thats what a lot of free markets here have problem with the president. They like the fact that hes going to cut taxes, whether its a border tax thing, whether its force today keep jobs in America Thing that it leads to protectionism that that is not good for the country longer term. What do you say to that . I think a lot of people are excited about the policies that the president has proposed that can grow jobs and get the economy growing. Neil does the other stuff offset it . Thats the other issue. Great, this looks good for the future, they look at the trade stuff, tariffs, border tax, they say thats going to undercut exactly what hes trying to accomplish with taxes and regulatory cuts, we dont want to get stuck in the middle again. Why put foot in the gas and the other foot on the brake . Strong job gains for americans. Niel fiel you know, ron, when you look at this, its a lot of optimism that we are going to get g tax cuts and we are going to see more jobs in this country, in other words, price almost to perfection. Normally thats a worry asthma sign. Im going to touch that with my buddy Charles Payne. Are you worried . The pe for the market is something to be concerned about as well and so, yes, theres a lot of optimism. We are also talking about trade. Congress supports his tax policies and regulation policies and may stop trade policies. Thats what the market is reacting to. You are going to get whats seen as positive free Market Forces and you wont get the negative and theres a cost benefit to trade policies, right . Free market people and libertarian argue that theres benefits to free trade and obviously people who backed trump and backed trade policies would argue that theres cost to the mesh worker. There are cost benefits on both sides that obviously what people who support Market Economics would say is theres more benefits longterm with fewer trade. Theres debate to be had needless to say. The markets are reacting to the fact that the Republican Congress said that they were going to get things done but i havent really seen them moving much on the economic policy. Neil i agree. They do talk a good game. Eventually you have to deliver. Sabrina, in the middle of this you have people talking about the press conference today, all anyone can chat about and then you have someone like john mccain who comes out to say that the administration is in disarray. Theres bad blood between him and the president , lindsey graham, blahed blood well known. When they Say Something, maybe accept with a grain of salt. Are there problems there that the president has issues within the ranks . You know, im not in the white house so i really dont know. I do think there seems to be a tremendous amount of scrutiny. If i go on the major newspapers or headlines theres words trump and ends with chaos. Neil you have to get off of msnbc. Other than a discussion of who is fighting with who. I think that the thing is this is where all of us should be excited for years now the press hasnt taken an interest in whats happening inside the white house. Theyve just sort of, you know, let it go in one year and out the there. I want there to be more scrutiny. I want them to be saying whats going on in there and affect the average american family. Whether you like trump or not or the media or not this is very good for the health of the country, in my view. Neil the one thing i have seen and we devote the good and the bad, we look at all the controversial parts, the flynn firing, the timing of that, who knew when. Executive order got off too soon and sloppily executed, we will also point out that the developments like this where hes guarantying and protecting jobs, if we are 24 niece channel we have we have time to get on l of that. What do you think . Yeah, well, that may be true, actually. He doesnt need to focus on that so much. The point isnt get credit for the things that you do, what i really like to see him do is i dont care what anybody says, we are going to get tax reform, Regulatory Reform done because its going to help people. Let the headlines fall where they may but when you do good things people are going to go back to work and happy about it and at the end to have day its good for him and the country, thats where i think focus is. Neil well, yeah, a lot going on here. Guys thank you very much. I want to bring Charles Payne with me now. The ceo of boeing talking and donald trump will be out there. The message, charles, look, ive got your back, ive got your jobs. And right now youve got big plane orders. Is he the reason . Charles lets face it the planes cost a lot of money and take a long time to build, so i think what this is more as a celebration of the possibilities. I will say, though, that theres a lot of evidence building that the american renaissance manufacturing has begun. Now you and i are both nerds. I was excited when the empire fed number came out for manufacturing in new york. That was on wednesday, yesterday the philly fed report was mindbogglingly. Neil more of that. I went through all of the dataened data and i had to go through 1980 for a higher number. Neil is that right . Charles manufacturers whose orders are coming in huge, the shipments are up big. This is not theres soft data and hard data. Absolutely. Neil a lot of you said, well, he might be getting people excited briefly but this cannot be contingent. What do you think . Charles its going to have to feed on itself. New highs begets new highs, enthusiasm begets enthusiasm. We have the spark. You have to have certain things followed up. We need to see the realization of this manifest into reality, we are getting corporate earnings, eight out of 11 sectors so far with more than 300 S P Companies reporting have said growth has surged since december of last year. At tend of last year. So what we are seeing neil the numbers have come out better than expected. They can play with the earnings thing. We are seeing a surge in growth and we are seeing better guidance from these companies. So true neil do you ever look at the markets . Today notwithstanding, all right, well, they are pricing future earnings, tax environment, what have you, but they are pricing a lot of stuff that has to fall just right . Charles it has to fall just right but the timelines are sometimes artificial. First it had to be the First One Hundred days and had to be this. The market can rationalize the idea that they have to do obamacare first but they have to clear plan on taxes. Neil the tax plan till next year . That could be a problem. Neil we get this done before lets saju, theres a good shot we cod get it retro active, after that maybe not. That makes a big difference. Charles with all due respect to kevin brady, i think it will be retro active. Having said that, though neil the markets would love to see that. I guess im asking if the markets wont see it. Charles itll be bad news. The markets arent going to make that assumption. Neil better than no tax cuts . Which he charles sure. I will make also ron talked about valuation, right now 17 times four earnings, a little bit high but no where near where you get typical market crashes. Neil around the time of the bubble hike. Charles 2001. We have been significantly higher when we had major crashes. If these numbers can keep trying to match the growth of the market and so far they are assort of underpinning, i think we are okay. Neil what do you make of the flip side of the argument that he is a protectionist at heart . I want to keep jobs in the u. S. , that doesnt jive and thats not unfettered capitalism, whatever . There are about three areas right now beneath the service that no one talks about, perhaps they dont understand it or dont want to, that within the republican or orthodox have to be revisited. Trade border taxing is dead on arrival. I just think its too regressive and complicate today try to make work for the average person out there. Neil theyre hanging on that one to pay for the tax cuts. If youre a supply sider neil you dont need it. Charles the philosophy of money will make up for the short fall. Boeing, someone mentioned xm bank, corporate welfare. December 16th, boeing announced that they were going to lay off 8 of commercial aircraft workers, while we have seen, 8 of these people are going to lose their jobs. Neil is that right . Charles those things happen. Air bus is eating their lunch, you know what else, they were going to buy 14 billion of stock and height the dividend. This is the kind of thing that the folks in socalled flyover states dont like. This is why people are opposed to market. Why would xm bank help boeing, ge, caterpillar, top three recipients and they get to lay off people at the same time . So no one is talking about this but these are the sort of internal battles that the Republican Party is going to have to figure out as they go along with the new sort of the new marching order. Neil what did you make of the press conference yesterday . I havent had a chance to talk to you. Charles i loved the press conference. I dont want them all to be like that but i feel like its sort of when he met with boeing. This is the third time that the ceo of boeing and President Trump have been active, the first one the ceo of boeing got the stick, the second time a little bit of both and i would like to see him go like that, lets face it neil thats exactly right. Get this air force contract down. Charles the media put itself on a pedestal. Neil they are in their own world. I was interesting in watching them and their reaction to this. But they are going to be im wonder if theyre going to double down on all of that and we were kidding before, not too kidding that we will cover the good and the bad. Hes right to say a lot of times its disproportion coverage of the bad. Charles thats why a lot of america was standing up applauding at the screen. My favorite guy was the bbc guy. [laughter] neil he could not win. Charles we could banter back and forth. I dont care. Neil a lot of people say we dont want to see that, we want to see a very different type of president , what did you make of that . Charles it doesnt have to be adversarial. The press did launch a war against him. Huffington post they covered him in section and the press is tough for him and underestimated them and hes still sore about that. I do think, though, people are refreshing that they know exactly whats on the president s mind, to know exactly what hes thinking. Neil no sugar coating. They are not going to give him any kind of leeway on this stuff. Thats the media here. Im just wondering how long you can keep that up. Nixon is the standard for that and not a good way but donald trump just doesnt seem to care, period, which might but constructive development. Charles its got pros and cons like everything else. It was his first press conference. He had a lot on his mind. We are talking about the stock market. If you just 2. 4, 2. 7, depending what indices, trillion dollars in Additional Market neil amazing, staggering. Charles dow hit 20,000, monumental milestone, was mentioned on cnn twice. Come on. I mean, these guys neil everyone is looking at the vetting thing and the controversy of the executive order, on the same day in the oval office you had the ceo of intel committing billions of dollars to arizona plant, a thousand of u. S. Jobs. Im not saying cover one other over the other, mention both. Charles thats the play book all Media Outlets should be reaching for at this point. Neil we are hearing scott pruitt will have enough votes in the senate to pass to become the next epa administrator. Here is what stuck out in my mind, charles. Epa workers, those who work in that agency were were leading an effort to stop him from running a department, stopping their future boss. Its not the first time we heard this. Its not the first time we heard state department leaking stuff on, you know, strain Prime Minister phone call with the president , that got out at the same time Rex Tillerson was meeting with those workers who he will be in charge of. Agencies turning on their new leaders, thats weird. Charles its weird, i think it happens to a degree every time theres a change specially political party. Neil before the prints come. Charles i was talking to stuart about this. The epa is somewhat different in a sense. President obama willed it like a club. You have people that have ideological belief thats almost borderline religion, with respect to Global Warming and those kind of things. This goes beyond traditional im a republican, im a democrat. It goes very deep. Neil that is weird. All right, charles, thank you very much. Again, we are going to keep an eye on this, every political official is getting a chance to Say Something here and sort of get their two sense in. We are going to be monitoring as the president is expect today address the workers, in South Carolina, scott pruitt is in,pri heard . He would be the next epa administrator. Efforts to stop him have failed but those are the very workers for whom he will be the boss. That should go well on day one. Neil all right. A couple of developments we are following right now. On the left of your screen in charleston, South Carolina wait to go hear from the president of the United States, boeing plant, the debut of the dream liner, thats the bigole jet thats going to be shipped worldwide, they will get it next year. Many orders, places like iran and iraq, that could be problematic if the president revisits deals we have with those countries. Also in washington scott pruitt was approve today run the epa. 6246 vote, the irony epa workers were leading sort of revolto making sure he did not get that, that could lead to a tenuous relationship and also breaking a filibuster that has been blocking formal approval and vote or wilbur ross to be the next commerce secretary in the United States. Here a lot of you thinking ross was approved for the job, thats one that they have been holding for quite some time but they hope to break that now and momentarily get him approve so that the president has key Economic Team fully in place. Blake berman in the white house with the latest on how this trump cabinet is coming together. Where do we stand right now . Blake republicans say this is all part of stall tactics from democrats. The reason why we are still here now in midfebruary and some members to have cabinet still trying to get through, democrats on the other hand saying, look, there still needs to be vetting for these folks and thats why all of this time is needed and we are seeing a couple of examples played out today, scott pruitt finally going through the senate, getting 52 votes, the breakdown of this was kind of interesting because there were a couple of members to have senate absent today. Two democrats ended up voting for him, one republican voted against him added altogether pruitt 52 and gets through. You mentioned the epa might not necessarily be for the selection. Scott pruitt as the attorney general of oklahoma has passed job on several accounts, part of the criticism has been how can somebody who was suing the agency be the one to lead it. Of course, pruitt and others are saying, look, there are regulations and processes that do not need to be part of the agency and they say thats what they will revamp. Either way, pruitt is in and should be sworn in by the president at some point here, we believe, niel in the upcoming days. Wilbur ross, the vote that youre seeing take place on the senate floor is to block the filibuster. This is not the final step. This is one of the last hurdles that would eventually get him to thsete forull confirmationnd theas we expect at some point into the president s cabinet. Confusing but its just watching the wheels turn, niel. Neil i understand that clearly from your explanation. Good seeing you. Left on your screen, the dream liner they are showing you there, the new plane thats going to be pretty much what the industry seems to think will be the norm next year and years on out so youll be seeing it popping up in a lot of commercial flights youll be taking but youll have to wait or more for that. But those orders, many which have been delayed with the tinkering and the wiring on this plane, what have you, that is all set to go. But it will be made largely at a nonunion environment. Of course, this facility in South Carolina is a nonunion environment, workers voting by about 7 to 1 margin to keep it that way. Former union leader stewart joining us right now. Stewart, good to have you. Great to be with you, niel, always good to see you, my friend. Neil same here. What did you make of that margin in that plant . Well, its unfortunate but its not shocking, its not even surprising. South carolina is probably the nations most antiunion state and the workers faced a barrage of communication including from the governor urging them not to vote for the union, not to become unionized, not to engage in collective bargaining and its sad because theyll make good money but theyll have a lot fewer benefits than they would if they were union and their counterparts still in washington make. Il what do you make of that . You and i talked over the years. Union members is not what it was, thats not hardly a news flash. I guess it fell a little bit last year. The president comes up there. Do you think hes going to be more of a detriment to Union Membership . I definitely do. I think President Trump is very antiunion. Hes already said he supports a national right to work bill which could neil a lot of union guys like not, no, not anymore. There were a few building trade folks who did early on and, yes, he got more union votes than president obama, not president obama, but he got more union votes than most candidates for republican candidates for president have gotten. Neil start, stewart, the president is going to be speaking right now at this boeing plant. Again, this is something that the president orchestrated what will be a weekend of Campaign Events but to get the message back, the people are with me even if the press is not. The ceo of boeing now introducing the president of the United States. Anybody makes anywhere. So thank you boeing South Carolina. [cheers and applause] i also want to thank all of our special guests here today. Youll be hearing from President Trump just shortly here. I just had the privilege walking through this factory with him. We talk today a few of our people, watched the airplanes being built. Now, i will say, i think he was i think he was impressed with what he saw. I will let him provide his own his own characterization of that when he comes up but we we have amazing work going on here, and an airplane rollout event is a historic, inspiring event. This is the first 78710 built right here in charleston, incredible airplane thats going to change the world for our customers and when we roll out a new airplane, we remember all the investments that have gone into this. This area here seven years ago was swampland. Today, today after two billion dollars of investment and partnership here in the community, this is a modern Aerospace Facility and weve added thousands and thousands of jobs over that time period. [cheers and applause] this is about manufacturing in the u. S. Going toward, boeing is going to be spending another 6 billion of rnd and capital in the United States this year investing in innovation, the new hanger in charleston is another example of that. And going forward, mr. President , our commitment to you and to our country is that we are going to continue to build dreams, we are going to continue to grow and sustain jobs here in the u. S. And we are going to continue to bring innovation, bring new innovation to our customers that allows them to connect, protect, explore and inspire the world. [cheers and applause] so on behalf of 150,000 plus boeing employees, including many here today working across three shifts who took the time to be here across more than one and a half Million Aerospace workers in the u. S. In our supply chain, it is my great privilege to introduce the president of the United States, donald j trump. [cheers and applause] usa. Usa. Thank you, dennis. I have to say i love South Carolina. I love it. [cheers and applause] remember we came down all together, we came down and this was going to be a place that was tough to win and we won in a landslide. This was a good one. [cheering] so i want to thank, i want to thank people of South Carolina, your governor, tremendous guy. He supported us right from the beginning. So i would like to thank governor mcmaster for the incredible job. He is right here someplace. Thank you very much. You have been fantastic. I have to say also, that is one beautiful airplane. [applause] congratulations to the men and women here who have built it. What an amazing piece of art, what an amazing piece of work. Thank you, dennis, for the invitation to be with you today. In the old days i made this speech, i got paid a lot of money. Now i have to do it for nothing. Not a good deal. Thats okay, but we love it. It is wonderful to be back in South Carolina, especially with your new governor. Where is henry . He is around here someplace. Stand up, henry. Proud of you. He helped us so much. I want to also thank your former governor nikki haley is doing an awfully good job for us. She is representing america very well as our ambassador to the united nations. She is doing a spectacular job. Its early but she is just been really great. Were here today to celebrate American Engineering and american manufacturing. Were also here today to celebrate jobs, jobs. [cheering] this plane, as you know, was built right here in the great state of South Carolina. Our goal as a nation must be to rely less on imports and more on products made here in the usa. [applause] right here in the usa. Its amazing to think a little over 113 years ago, next door, in north carolina, Orville Wright was the first man to sail the skies in a very little airplane. The 1903 wright yer s made of mostly wood and cloth. It was so small, that orvilles brother, wilbur, could not join him on the flight. He was always very upset about that. The flight lasted all of 12 seconds. But it was incredible. That flight was a testament to the american spirit. I see that same spirit everywhere i travel in the country. I saw that spirit all throughout the campaign. We have the greatest people anywhere in the world. We have the greatest spirit and you just look at whats going on today in our country. You look at what is happening with jobs. You look what is happening with plants moving back into our country. All of a sudden, theyre coming back. And theyre going to be very happy about it, believe me. Theyre going to be very, very happy. [applause] as your president im going to do everything i can to unleash the power of the american spirit and to put our great people back to work. [applause] this is our mantra, buy american, and hire american. We want products made in america, made by american hands. You probably saw the Keystone Pipeline i approved recently. And the dakota. And im getting ready to sign the bill, i said where is the pipe made . And they told me, not here. I said that is good. Add a little sentence, that you have to buy american steel. And you know what . That is the way it is. Thats the way it is going to be. Were going to fight for every last american job. Weve come a long way since the Wright Brothers and their first flht more than a century ago. Your plane is made of carbon fiber. It seats 330 passengers. Its 18 feet longer than the previous version of the 787, and that airplane can fly for half a day before it touches the ground. The name says it all, dreamliner, great name. Our country is all about making dreams come true. Over the last number of years that hasnt been necessarily the case but were going to make it the case again. [cheers and applause] thats what we do in america. We dream of things and then we build them. We turn vision into reality, and we will be doing a lot more of that, believe me, in the months and years to come. [applause] i also want to say a word to all of the members of the armed forces who are here with us today in this record crowd. App] South Carolina has a long, very, very proud military tradition an history. We salute all South Carolina military families and we salute all the men and women who wear the uniform. [applause] we are going to fully rebuild our military. By the way do you care if we use the f18 superhornets, or do you only care about, what do you think . Well, i thought that was a superhornet. We are looking seriously at a big order, and well see how that you know the problem is that dennis is a very, very tough negotiator but i think we may get there. Were also working with the air force one project which was a diicult prect for previous administrations but it looks like were getting closer and closer, and were going to insure [applause] that our great servicemembers have the tools, equipment, training and resources they need to get the job done. As George Washington said, being prepared for war is the best way to prevent it. And that is really what it is. The best way to prevent war, being prepared. Peace through strength. We build the military might so great, and we are going to do that, that none will dare to challenge it. None. [applause] we will insure our men and women in uniform have the latest, the most cuttingedge systems in their arsenal. It is not that way now. It will be that way, very, very soon, believe me. You will be an important player in this effort. Boeing has built many important aircraft, including, as i said the f18 superhornet, the f15 strike eagle and the apache helicopter, just to name a few, and im being very, very serious, the new air force one, that plane as beautiful as it looks is 30 years old, can you believe it . What can look so beautiful at 30 . An airplane. I dont know, which one do we like better, folks, tell me . [shouting] on every front we are going to work for the American People. Nowhere in our focus is and i mean this so strongly, and our focus has to be so strong, but my focus has been all about jobs, and jobs is one of the primary reasons im standing here today as your president , and i will never ever disappoint you, believe me. I will not disappoint you. [applause] i campaigned on the promise that i will do everything in my power to bring those jobs back into america. We wanted to make it much easier, it has to be much easier to manufacture in our country. And much harder to leave. I dont Want Companies leaving our country, making our product, selling it back, no tax, no nothing, firing everybody in our country. Were not letting that happen anymore, folks. Believe me, there will be a substantial penalty to be paid when they fire their people and move to another country, make the product, and think that theyre going to sell it back over what will soon be a very, very strong border. Going to be a lot different. It will be a lot different. Already american industry is roaring back. Believe me, if we, not me, me, im a messenger, if we didnt have this victory we wouldnt even be talking about it. To achieve that goal, were going to massively reduce jobcrushing regulations. Already started, youve seen that, that send our jobs to those other countries. Were going to lower taxes on American Business so its cheaper and easier to produce product and beautiful things like airplanes right here in america. We are going to enforce very strongly, enforce our trade rules and stop foreign cheating. Tremendous cheating. Tremendous cheating. We want products made by our workers, in our factories, stamped with those four magnificent words, made in the u is sa. Usa. Usa. Usa. Since november jobs have already begun to surge. Weve seen Companies Open up factories in america. Were seeing them keep jobs at home, ford, general motors, fiat chrysler, just to name a very, very few. So many more already. Theyre keeping and bringing thousands of jobs back in our country. Because the Business Climate they know has already changed. In arizona, intel announced it will open a new plant that will create 10,000 american jobs. Theyre spending billions of dollars. [applause] we will see more and more of that across the country as we continue to work on reducing regulations, cutting taxes, including for the middle class, including for everyone, and including for business, around creating a level Playing Field for our workers. When there is a level Playing Field, and ive been saying this for a long time, American Workerswill always, always, always, win. But we dont have a level Playing Field. Very shortly you will have a level Playing Field again. [applause] because when American Workers win, america as a country wins, big league wins. Thats my message here today. America is going to start winning again, winning like never ever before. Were not going to let our country be taken advantage of anymore in any way, shape or form. We love america, and we are going to protect america. We love our workers and we are going to protect our workers. Were going to fight for our jobs. Were going to fight for our families. And we are going to fight to get more jobs and betterpaying jobs for the loyal citizens of our country. Believe me. [applause] youve heard me say it before, and i will say it again, from now on its going to be america first. [applause] working together as a unit there is nothing we can not accomplish. No task too large, no dream too great, no goal beyond our reach. Just like you built this incredible airplane behind me, both of them, when you think about it, we are going to rebuild this country, and ensure that every forgotten community has the Bright Future it deserves. And by the way, those communities are forgotten no longer. The election took care of that. [applause] we will pass on to our children the freed he dom freedom and prosperity that is their american birthright. They will inherit a nation that is strong, proud and totally free. Each of you will be part of creating that new american future. I want to thank you, South Carolina. I want to thank the great people of South Carolina. God bless you. May god bless the United States of america, and god bless boeing [cheers and applause] thank you, everybody. Thank you. Neil all right. President trump in South Carolina, a boeing plant there that made the dreamliner that is getting so much attention here. The 78710, technical name here. A lot of orders are ready and waiting for next years delivery, including some in the middle east. Iran and iraq ordered a bunch of them. Those could be called into question if the president , slaps sanctions down, particularly on iran as he promised to do, but so far there has been no indication that is going to jeopardize these orders here but they have been off the charts here, and this workforce, a largely nonunionized workforce, drawn to South Carolina in the first place and workers there, 70 , close to 80 of them opting to keep it that way. My friend and colleague david asman on all of that. This is just about a day after that raucous press conference. His message, you know, david, to those workers and presumably tomorrow when he goes to florida, what is deemed like a campaign rally, he is going right over the press and right to the people, because theyre benefiting from his policies. He is. Particularly with the boeing plant he is preaching to the converted here, particularly on issues some people in the business community, some retailers are nocrazy, notion of huge penalties for bringing sff in from abroad. That is not too pleasing for a lot of importers, retailers and such, who were objecting to his idea of a border tax or that gop idea of a border tax. That is still being thrown out there. Some think it is like walking a dead dog. You and i both talked to kevin brady, congressman from the ways and means committee, he is still, and paul is still promoting the idea of a border tax. He talked about today, the president talked about a big penalty for manufacturing abroad. Apparently he is thinking about a border tax. Neil now why cuts differently for different folks. For boeing good news for boeing, absolutely. Neil if youre walmart, not so, right . For boeing its great, because it would create a tremendous penalty for airbus and other manufacturers abroad of airplanes. It is a boost for any exporter in the United States. Keep in mind exporters have huge power inside of the beltway. So their lobbyists on k street in washington have been pushing this thing to the the nth degree, even though every american is an importer. Not every american is an exporter. Every american bought a foreign car or foreign pen. Neil david, that is integral to tax reform. That is crucial as we talk with grover norquist. That border tax, whatever you want to call it, would go a long way to come up with on the tax cuts. Lets say that is taken out of equation, is there any danger that youre hearing that the tax cult thing was dialed back . Yesterday was the first time i heard President Trump specifically say it would take a back seat, tax cuts would take a back seat to obamacare reform. There are certain procedural issues that might make that necessary. But it was kind of discouraging. Frankly i think one reason the market hasnt been so slam bang today, is because we did hear that comment from the president saying that were going to have to wait to get obamacare changes first around then well go to tax reform. They still, kevin brady said yesterday, told me, he wants to make it retroactive. So even if tax reform is not enacted until the end of 2017, it would be backdated to january 1st, 2017. Neil that is what hopes though. I dont know. Plays a role in this. When you hear Mitch Mcconnell talk about process and repeal and replace, making sure votes are there, i read in between the lines, maybe a bit too cynically, wait a minute, that is hardly a done deal and that pushes this back. I think youre forgiven. It is not cynical to look realistic i when they use the word process, to know theyre putting it in a backburner. The same thing happened with Ronald Reagan in the first year of his administration. We for get that. Midterm election. Havent had a chance to chat with you, dave, after the press conference and dustup, the media going apoplectic with that one, he didnt seem to give a damn and entertained all questions and his message seemed to be i will always go over your heads. Yes. Neil what does that mean . How does that factor in the months and years ahead . What it means simply, he will not forget the people who put him in office. Those people are more important than the media, who the majority of americans dont care that much about. They care more about their own personal interests, the ones trump is able to contact with. He will continue to do this. He had been so busy on the nominations, the appointments, getting certain parts of his plan out, the executive orders the past two weeks he had kind of forgotten how the contact with the people literally as you say, going over the heads of the media to the people, how important that was. By the way a lot of media is screaming bloody murder today, this will be terrible i think it will be very good for trump. We wont see the final sort of polling on all this until monday or tuesday of next week. My suspicion, even though the Mainstream Media says it will hurt him in the polls, i think it will help in the polls. Remember all the time we thought that would happen on the campaign trail and always accused to his favor. Neil whatever the media predicts will not pan out. The president is touring this 78710 or dreamliner or will with dennis muilenburg, ceo of boeing. I want to ask you about that relationship, it started out as testy. Remember when the president was first elected, he coin believe the cost of these air force one contracts getting pricier and pricier. He wanted muilenburg to revisit. The very different way he reacted with muilenburg than the chairman of lockheed martin. Muilenburg tried very hard we can renegotiate it and do it over again. The two have struck up quite a businessfriendly relationship. Maybe a lesson for others but what do you think . I think it, boeing wag the first case, first time he put pressure of one of those customers a customer of us, the taxpayers. This is company that wouldnt exist without the taxpayers of america, so they do owe us. I think trump putting his thumb on them was very appropriate. And again at the time the media went apoplectic. This is terrible, a president ordering a company what to do, forget it happened in the past with jfk and everything, still it looked bad, but it worked. Not only then, did it work with boeing, it was one of those things that trump has instinct about, that isnt tried often enough. Once he saw how it worked with boeing, he used it elsewhere. Then with the car companies, et cetera. It does, when you remind manufacturers how indebted they are really to the American People for what they do, and how perhaps they owe it to do some more work too, if they can do it, it works out fine. I think again you will hear donald trump make that statement tomorrow at his big rally in florida. Neil you know, were noticing ivanka trump, traveling with the president on this trip. She has played such a prominent role in this young administration. Oh, yeah. Neil not so much melania. Of course she, has a 10yearold son in new york, baron. Im wondering how that is playing out . We forget, it has been some years since weve seen anything like this. Right. Remember neil any thoughts on that . I do because as a matter of fact, all these Companies Continue to be afraid of t backlash against trump. We heard from Burlington Coat factory this week, they were pulling ivanka stuff. Remember armour, body armor, the ceo made a positive comment about trump and had to take out a fullpage ad denouncing trumps immigration plan. I think they make a mistake. Joy villa, the woman who was wearing protrump thing at the grammys, protrump dress, that very sexy dress make America Great again, her sales went through the roof. I think there is a commercial plus to being protrump that a lot of these Company President s dont get. Theyre still so afraid of the backlash from the leftwing Interest Groups that are trying to cause boycotts that they really should consider, there may be something to accepting ivanka or accepting neil because they will get the backlash thing. I dont know too many of those groups that shop, for example at nordstrom. That strikes me, that is your crowd, dave. Yeah, right. My dad used to shop at sears for his suits so. Neil buddy, have a great weekend as always. David asman, i want to bring grover norquist, with americans for tax reform. Holding candidate accountable on tax cuts and like, im sure President Trump included among them. Grover, what do you make of david and i were chatting about the big push for tax cuts, waiting for the Health Care Reform effort on the part of republicans and in between im getting these vibes from some of the Republican Leadership, wait, a lot of things have to fall into place just right before we get to these tax cuts. Are you worried about any of that . No, im not. I had a very good conversation with speaker ryan yesterday. Look, you have to do Obamacare Repeal first. Why . Because there is a trillion dollars of tax increases in obamacare. You take those off the table. It reduces the amount of money that tax reform has to raise, by a trillion dollars. So, obamacare, get rid of those tax increases and in obama care first. You dont have to wait 20 minutes. As soon as you do that, then you can pass tax reform as well. The president talked today about making a level Playing Field with our foreign competitors. Well, our corporate rate at 35 . Their average is under 23 . At is not an en Playing Field, but we did that. The chinese didnt do that. The french people didnt do that. Our u. S. Government did that. Neil i guess what im getting at, whatever happens with the health care thing, it is herculean task, i understand that, understanding seems to be that tax cuts, notwithstanding that it could delay this marginal and corporate reform on taxes, what do you think of that . No, it wont delay it. Were going to have the house and senate moving through this stuff. This will all happen this year and reagan neil retroactive . Regardless when it is done retroactive to the beginning . Corporate rates will be for the whole year. Expensing from the date of where they first put it in. Neil what about on marginal rates . Marginal tax rates, yes, go back to january 1st. You have to do it for the whole year. Neil what if theyre not . What if theyre not . The. If theyre not, you have what happened to reagan, reagans tax rates, 5 the first year, 10 in 82, 10 in 83 . When did the recover start, january 1st, 83, the third year of the last 10 rate reduction took place. Neil that delay cost him seats. Cost him 26 seats in the house. No delay on rates. The Republican Leadership and the president should say this over and over again loudly. They say that is what they want to do in conversation, but they need to say it on television and press conferences and standing on airplanes. Neil when theyre standing on airplanes as well. Next year and the years later. This be the type of vehicle you ll likely on. 18 feet loer than predecessor. How many airports can hold cincinnati i guess a good many. The president taking a tour. I wonder if hes going to fly in it . Hes there. Boeing and the relationship that started out icy is on and quite constructive. Trish regan, take it. Trish hes ready to take off there. Hes in the cockpit breaking rite now President Trump touring bowing where he promise today promised to great jobs. The president is going to head to florida where hes going to be holding a big rally for the American People there but, again, today as he spoke to workers there at the boeing plant, really stick to go his economic message, the message that got him elected in the first place, create american jobs, Good American jobs. Im trish regan, welcome everyone to the intelligence report. It is time that we start making