Adam shapiro joins us with all the details. Reporter its important to know in regards to tax reform, they have always been on separate tracks. Tax reform will be guided by what will eventually be the 2018 budget resolution in the house and senate. Tax reform according to chairman kevin brady of the ways and Means Committee not in jeopardy. But with healthcare, you saw what happened today. Lets look at the three nors who for lack of a better term killed the repeal of obamacare. Yet there may be at the end of the kay the ability to come together, democrats and republicans. Let obamacare fail. It will be a lot easier. I think we are probably in that position where well let obamacare fail. Im not going to own it. The republicans are not going to own it. Well let obamacare fail and then the democrats will come to us and say how do we fix it or come up with a new plan. Reporter the democrats are quick to shoot back saying the president wants to sabotage income the United States. The president s path which is simply to sabotage the system and hurt millions of people, make things far worse than they are today, is not an acceptable choice. And i hope our republican colleagues will realize that. Reporter Mitch Mcconnell promising there will be a vote on the record to repeal obamacare, even if its destined to fail, he want it on the record. Gerri congressman louie gohmert, a member of the Freedom Caucus joins me with more. I watched this and i can feel the pain of the American People watching congress and the senate specifically here just incapable of coming to agreement on what time the sun might set tonight. It seems like they cannot find Common Ground. I thought the most of famous job came from the Vice President , he said, just do your job. Thats being echoed from the west coast to the east coast, from the north to the south. Do you feel that heat and think congress should get it act together . Absolutely. The reason we got the majority back is because we were promising if you gave us the majority we would repeal obamacare. Been saying that since 2010. And then in the last session, the last congress, we passed a repeal of virtually everything. The house passed it, the that passed it, and the on thing we were left needing was the presidency. Now we have got the presidency and the president himself said if you will just pass the repeal bill ill sign that and then well work on the replacement. Its important to remember though gerri the house of representatives put a repeal through 50 times. Dozens and dozens. Gerri and where are we now . Thats the point. Some of us believe and i think the Freedom Caucus is all there. The senate cant take up the bill that we passed and sent down there, then lets go back to what we know works. Its important to remember, before obamacare, 75 or more of the American People were satisfied with their health understand and their healthcare. Wouldnt that be a nice change from where we are now . That would be big, just to repeal it. Gerri thats going nowhere in the senate. Thats a nonstarter. Think about it. If we tart pushing and the American People tart pushing. Get a vote on that bill you did in the last congress. Would you want to be the senator that voted for the repeal last time and now says now that it counts im not going to . You will lose your seat the next election i would imagine. Gerri its a great question. What i dont unis how we come together, how our representatives in congress contact. You have seen what happened in the senate. You see capito and collins saying no. Where is that Common Ground . What is that magic coming together . Is there an issue . An item . Is it spending . How do we thread this needle . We have done it before lets bring back the bill we all voted for and vote on it again. And god help the one who voted different than they voted when it was going to be struck down by the president. Gerri are you suggesting the house bring repeal back . You bet i am. Gere require not before the senate, whats the point . We just heard from senators saying they are not going to vote for it. There have been a lot of people around this building who said they wouldnt do this or would do that, and when they had to vote, lo and behold they found righteousness and did the right thing. We just got to push it. Gerri thanks for coming on today, i appreciate it. Thanks for bringing focus to this. We cant give up. We have got to do this. Gerri for more on the impact the gop bill has on the overall agenda, our panel joins us now. Jenny beth, ill start with you. You heard me railing on the senate and the congress about their inability to get anything done. We have a budget coming out of the house and they are already disagreeing on that . The country has to move forward. How does it happen . The way it will move forward is for congress to pass repeal of obamacare. The senate has to act. They have to pass repeal of obamacare. They can go back to the 2015 repeal bill and vote for that. The three senators who came out today and said they would not vote for it, they voted against obamacare when it first came out, then they voted to repeal it 50 or 60 times, now they are going to protect it . Do they think that will fly with the voters . Its not going to fly. Especially when the voters know they are exempt from obamacare. Its time for them to exempt the rest of us and repeal obamacare. Gerri boyd, is it as easy as bringing up a repeal vote . If that were the case, wouldnt it have happened earlier . I think jenny beth is right, we need to get that repeal in where we can go back and do what every member of congress promised to do, which was get something that would work for the forgotten man and woman in america. The current bill doesnt do that. But they need to get back to does this help the forgotten man and forgotten woman. They put mr. Trump into the white house. Gerri i think we are all feeling like the forgotten person. What are they doing . Madison, i want to focus on tax reform. That to me is the thing that will bring this economy together. This is what we are all waiting for. It gives more momentum to the stock market. It will put people to work. Is this on hold . The white house says its pushing it forward. Republicans are not getting 100 behind the agenda of President Trump. President trump ran to change america and make America Great again. We are seeing republican senators who have been in office for many years. I remember being a Young College student in 2010 when obamacare was passed. Senators said they would see that it was repealed and replaced. Until they get it done, im not convinced they will make the changes we the American People want to see. Gerri i asked the question on my facebook page, what do you make of this . Whats going on in washington . I was slammed with reaction. Here is what jew did had to say. They are worthless. Im ashamed to admit im a republican. This is not the Republican Party i was proud to join. You can give the Republican Congress a 5,279 head start in a oneway race and they would still screw it up. Jenny, you are with the tea party and you understand how people in the real world get frustrated with inaction. What are you telling people who are tea party pals of yours . I have had thousands of people emailing me since last thursday with those same comments. Pick up the phone lines and call republican senators. You know they are exempt from obamacare and you want the same exemption. Then call the white house and ask the president to use his trump card. He can get rid of the congressional exemption of obamacare. Make it effective october 1 and give these congressmen and their staff and the senators to act. That will put pressure on them if they feel the same consequences we feel across this country. Gerri i love your activist approach. Taking the bull by the horns. I think we need to do that more often. Thanks, panel. Good job. President trump turns to a new trade deal with mexico and canada after the collapse of the healthcare bill. Well have the details coming up. Today, were out here with some big news about type 2 diabetes. You have type 2 diabetes, right . Yes. So let me ask you this. How does diabetes affect your heart . It doesnt, does it . Actually, it does. Type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. And with Heart Disease, your risk is even higher. You didnt know that. No. Yeah. But, wait, theres good news for adults who have type 2 diabetes and Heart Disease. Jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. Jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and Heart Disease and lower your a1c. Jardiance can cause serious side effects including dehydration. This may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. Ketoacidosis is a serious side effect that may be fatal. Symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. Stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. Symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. Do not take jardiance if you are on dialysis or have severe kidney problems. Other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Tell your doctor about all the medicines you take and if you have any medical conditions. So now that you know all that, what do you think . That its time to think about jardiance. Ask your doctor about jardiance. And get to the heart of what matters. [vo] progress is seizing the moment. Your summer moment awaits you now that the summer of audi sales event is here. Audi will cover your first months lease payment on select models during the summer of audi sales event. Im the one clocking in. When youre clocking out. Sensing your every move and automatically adjusting to help you stay effortlessly comfortable. There. I can even warm these to help you fall asleep faster. Does your bed do that . Oh. I dont actually talk. Though im smart enough to. Im the new sleep number 360 smart bed. Lets meet at a sleep number store. Gerri the Trump Administration unveiling its goals for renegotiating nafta. Issuing a broad plan for how it hopes to rewrite the terms of trade. But his nafta plan is drawing criticism from business and labor groups. Joining me is the chairman and ceo and Arizona State treasurer who is a member of the donald j. Trump advisory board. Eric, ill start with you. We talk about nafta and transforming trade in this country. And so many economists and Business People get up in arms. But this is an agreement thats 23 years old. It seems to me the goals that were originally in place have been met. Isnt it time to do something with nafta . I think in reading over this document, it still is a bit of a black box in terms of what they are going to do thats going to drive the under lying forces behind what president obama was campaigning for, which is how do we bring jobs back. Many of these jobs that have been affected by the macro economics. Many investments have been made in mexico and certainly in canada, but largely mexico. I dont know there is anything i have seen that is going to make a meaningful difference, a largescale difference to bring jobs back, and thats sad. It doesnt go far enough. Its possible the Trump Administration will do that when they negotiate. Gerri jeff, i think its a good point this is one of the promises of donald trump. He was going to level the Playing Field. When you look at the economics of mexico and canada in the wake of nafta passing, mexico is growing like to gang busters. Thats economy is so much bigger. They realized the hopes and expectations of nafta and china kinds of puttered along. Isnt it time to level the Playing Field begin . Politicians have been promising to fix the problems in nafta for 23 years. But president obama is the first one to have the guts to address it. And he did campaign on doing this which was very, very popular across the industrial parts of the midwest where they lost a lot of manufacturing jobs to mexico. If you go back to when nafta was first drafted. Then president ial candidate ross perot predicted a giant sucking sounds of manufacturing jobs would be lost and he was right. Dont forget the original nafta being written when it was doesnt include Digital Music or ebooks. So there are a lot of things that need to be includes. The trade deficit we have with mexico, thats certainly not nothing. You say that its unclear what this trade deal would do. But isnt the number one goal reducing the deficit with mexico . It is. But i dont see practical things. Intellectual property. Thats not a big issue it is with china. So its a preliewfd what they may do with china. What are they really going to do . Where is the key . Where is the meat . What is going to change the ceo mindset of the United States that will cause things to be different . I dont see that. President trump is addressing nafta, thats a great thing. But lets put more teeth tonight, lets put more punch in it. Gerri thousands of people may be freedom of their student death after vital paperwork goes missing. Well explain coming up. We always were told we were german. We were in a german dance group. I wore lederhosen. So i just started poking around on ancestry. Then, i decided to have my dna tested through ancestry dna. It turns out im scottish. So, i traded in my lederhosen for a kilt. Gerri sources telling dow jones that Discovery Communications and Scripts Network interactive are in talks to combine. We dont have any details. Hopefully well get a few more nuggets on that. 5 billion in Student Loan Debt may be wiped away as the companies who hold the loans dont have the accurate paperwork on file. Jesse, madison, start with you. Such an interesting story. So whats going on, we have a lot of students who took out private loans, and these loans were purchased by investors. They were sliced and diced and sold as bonds. Now they dont have the underlying paperwork. So judges wont go after these people when they dont make their payments. What do you make of this story . Its a shame they didnt lose my student loan paper. We need to look at Student Loans in general. It has accelerated at such a high rate that its become a burned for students and the u. S. Economy. . There is over a trillion dollars in Student Loan Debt. This is as huge problem with many young people being forced to delay things like purchasing a home, getting married, starting a small business. This is just a negative for the country. By looking at federal and private loans we can improve on this. Gerri im sorry to interrupt madison, Senate Majority leader Mitch Mcconnell just declaring from the senate floor, well have to vote on the motion to proceed to repeal early next week. He said this was at the request of the president and Vice President. So next week that repeal vote coming up. Well probably have more details on that as well. Going back to my panel on this student loan crisis. When you boil this down, it looks so much like the mortgage crisis. This is exactly what happened. We had this problem with the loans, they couldnt find documentation and people ultimately were able to walk away sometimes from a lot of debt. It looks like that may happen here. The trust has lost the chain of ownership. They did a random sampling of 400 cases and didnt have the chain of ownership. It ends up targeting people who are disadvantaged to begin with. This will be problematic going forward. You could potentially see hundreds of people getting off the hook for the debt. Gerri they end up in court because someone fails to make a payment. Then the trusts who own the debt sue. But the judges say you cant proceed because you dont have your dawmenddont have your doc. We have people like you with Student Loan Debt, 1. 4 triout there. And they are trillion out there. And joe down the road, maybe his debt just goes away. Its not fair, its not equitable. How do you think people will respond . I think its a frustrating situation for everyone involved. A lot of times they came forward with falsified paperwork with the mort gaining crisis. It will be interesting to see if they do that here. It will allow these people most of likely to get off the hook which brings us back to the question of should these loans be sold over and over again. Gerri the debate pitting business versus National Security. Which one is more important . Well talk about it coming up. You totaled your brand new car. Nobodys hurt, but there will still be pain. It comes when your Insurance Company says theyll only pay threequarters of what it takes to replace it. What are you supposed to do . Drive threequarters of a car . Now if you had Liberty Mutual new car replacement™, youd get your whole car back. I guess they dont want you driving around on three wheels. Smart. With Liberty Mutual new car replacement™, well replace the full value of your car. Liberty stands with you™. Liberty mutual insurance. Potsc in unison drive russ, leland, gary yes. Gary i have a ford f150. Michael ive always been a ford guy. Potsch then i have a real treat for you today. Michael awesome. Potsch im going to show you a next generation pickup. Michael lets do this. Potsch the bed is made of highstrength steel,. Truck to shame. James ill tell you, i might be a chevy guy now. Laughing Baby crying slow jazz music fly me to the moon and let me play bell ringing audience cheering gerri up dating you on breaking news, Senate Majority leader mcconnell, declaring that they will have vote on motion to precede with the repeal early next week. At the request of president and vice the positive. 4 china in hot seat, wall street journal reporting that china is selling nearly ir irmodels of military drones. The question is, which more important, business or National Security. Here to discuss rebecca grant, paul bonicelli. And bree peyton welcome to you. Rebecca, should we be selling our drones, what gives . Business and National Security are both important. What is holding this up is outdated Missile Technology control regime, it is a voluntary agreement, i would like to see Trump Administration pull out of the parts of that, that restrict drone sales tomorrow, it was never meant to address todays concerns. And let our allies have our good Drone Technology. Gerri paul, do you agree . I agree 100 . This is another example of how much we lost in 8 years under obama, it has been going on for over a year, known that china has been competing with us, on price and stolen information from us. Chinese are building their rainbow drone based on our technology, they have stolen that, and done a lot of this, this is a cyber warfare issue and simple arms build up, the chinese have a goal of keeping us from being leading power in the world, for us is only way we have free trade regime and commercial regime we want. Gerri bree, it occurries to me, if you allow china to make the sales you drive allies and enemies closer to that country, is this the case at end of the day, we legitimize china . I dont know about legi legitimizing china, but i believe this under scores a fact there is no legal solution to terrorism, bad guys will get their hands on powerful weapons no matter. What i think that extremism thrives when we country that are using these drones from china, egypt inland regional centeiraq, jordan, kazakhstan. All over the world, tell me, rebecca, what should happen here . What could be the result . Nations buying drones for surveillance, they can keep watch over their borders and other territory. Just because these china drones look a little bit like ours, does not mean they have sensors and other electronics that are the caliber of what we fly. But there is no question that our friends that are helping us, Coalition Partners should have access to the best surveillance Drone Technology that we can sell them, we can regulate this just fine through normal channels. I hope we see say the department and tillerson move out smart leo this one. Gerri thank you, for coming in. Thank you. Gerri netflix shares helping nasdaq to a new high, more bad news for chip chipotle, well have details coming up. Gerri reports today that china, partially blocking service to whats answer vice. It is owned by facebook. And automatically adjusting to help you stay effortlessly comfortable. There. I can even warm these to help you fall asleep faster. Does your bed do that . Oh. I dont actually talk. Though im smart enough to. Im the new sleep number 360 smart bed. Lets meet at a sleep number store. If only the signs were as obvious when you trade. Fidelitys active trader pro can help you find smarter entry and exit points and can help protect your potential profits. Fidelity where smarter investors will always be. Getting a few more details sources telling dow jones that Discovery Communication and Scripps Networks interactive are in talks to combine. Joining my now is ken mahony, welcome to the show, what do you make of this . This has happened before where they talk about getting together, here we are again. These are two solid brands. So man disrupters in the cable business. Cable companies are start looking for dance partners. Gerri talking about channeled involved. No doubt have you seen them, discovery tlc, animal planet. Scifi, and Scripps Networks, hgtv, on and on, it seems like a perfect marriage. If you bring them together, does that give them more power of scale . A bigger player. You hope they have Pricing Power with that, they are great brands, so many good things with that merger to makes sense. Both stocks are up in after hours. The market in after hours right now is liking this merger. Gerri i cant get over this netflix earnings from last night. I am still thinking about that. You know people say, over for american companies, you look at netflix, it is not over. And my understanding is nasdaq hit a new high on the backs of those earnings, is it as good as it looks . 8 days in a row for nasdaq, netflix they added 5 million subscribers in a quarter, worldwide they have over 100 million, a lot of data comes out the new program they have, is atracking viewer attracting viewership, they are competing headtohead with networks. Gerri i are up 13 today and spending 3 times as much as hbo on original programs. They get a big investment return with that. Gerri a bad story, we talked about happy story. Now the chipotle story, again, people getting sick food, what is going on. First time through, you can get through it, but when it happens again, that is a difficult thing to overcome. They will be out there and spinning it. Gerri looking at stock chart right now. It is sad story. I think that it has come to a point where you know, they are loyal their loyal audience is saying maybe not. They will have to do a lot to get in front of this, remind the public they are eating safe food, consumers have so many choices now. With fastfood good quality. Gerri i think that really ratcheting up heat on people doing the same kind of business. One of few things, it has gone up in last few months, what will propel it to second half of the year, to third 4th quarters. October will be spooky, but yellen said, we have a goalie goldie locks environment. Yesterday i mean last week, market with a break out. A lot of that came off of the words of chair yellen with the goldie locks environment. Well good environment, but one more stock that is ibm. They reported after the bell, they have missed, this is a stock that i think a lot of viewers might hold, buy, buy, sell or hold . Sell, they keep missing, for some reason, i like to see accelerating earnings, and ibm quarter abou after quarter after quarter has been disappointing. This is big blue is disappointing. Thank you so much. A plan to equalize income taxes in one major American City has critics saying nothing more than a scheme to unfairly tax the rich, you are going to want to hear this, stay with us. Listen up, Heart Disease. you too, unnecessary er visits. And hey, unmanaged depression, dont get too comfortable. Were talking to you, cost inefficiencies and data without insights. And fragmented care stop getting in the way of patient recovery and pay attention. Every single one of you is on our list. For those who wont rest until the world is healthier, neither will we. Optum. How well gets done. People would ask me that we traveled,ntries what is your nationality and i would always answer hispanic. So when i got my ancestry dna results it was a shocker. Im from all nations. It puts a hunger in your heart to want to know more. Gerri more breaking news out of washington fox news reports President Trump has invited all of the republican senators over to white house for lunch tomorrow, it discuss health care, and other issues. All right switching gears, seattle under siege, this time by faction pushing for what critics say, is an income tax just on the rich. Claim that tax is illegal, the issue, city Council Passed a tax targeting high income earners, under the guy guise of a new fairness. Kevin, so, a 2. 25 percent income tax on folks earning 250,000 or more. Is this a formula for fairness. I think, you go to seattle, a b business person, you get a great job, you many people go there because there is no tax, then suddenly, under guise of being against donald trump, or whatever it may be you have Council People and propp drop propofol ganda propaganda trying to make it more socialist, they are taxing people that are being successful. I think i dont like it. I dont think it will last. I think that supreme court, certainly there is a precedent against this. This is something that republicans should fight back against, i am glad they are. Gerri kevin, the voters have voted this down 9 times, 9 times. I mean, how does council come in and just make this law . You know this is about economic fairness, so many cities lose middle class strong hold because police officers, teachers, secretaries are fored on out, because they cant afford rent to serve in the community they want to live in this is something that was passed, by city council. A 2. 25 increase as you point out. These folks are paying w 0 . Vast majorities of americans saying, i pay taxes, why shouldnt they. To be fair i am not sure that in seattle 250,000 is middle class. I mean, that city i think that is probably a little higher. I would love to be making 500,000 as a couple right now. Right. Gerri lets talk about this a lot of folks, this is partly what is behind republicans who say, you know we have a protest this civil disobedience, this is unconstitutional. There are special laws that prevent this taxing a, you look at this, you peal covers back this is a 2. 25 income tax on just a slim number of people, other states found it on, to found it to be wrong thing to do. Could this just lead home down a road where they lose wealthy people in the city . Of course. Absolutely. These are people that can go any where, they are software folks a lot of them they can work remotely, in hawaii, they can work in states that are either more attractive with sun slight, and et cetera, certainly there is not a lot. Or you can situations. Gerri no rain. You are not going to have the tax, you know, like nevada, they could be in nevada. So, they are risking things, they are thinking shortterm. There are a lot of different places to live, they may not be in in place, but to do this with such a small group of people, who are being successful, who are paying you know, certainly attacks when they buy things. Tax when they buy things, in my opinion this sun is unfair. Gerri it is funny to think of republicans forming resistance, but i understand it, in this case. Thank you. Gerri next more details on that second previous meeting at g20 between President Trump and putin, well tell you about that. When i received the diagnosis, i knew at that exact moment, whatever it takes, wherever i have to go. Im beating this. My main focus was to find a team of doctors that work together. When a patient comes to ctca, theyre meeting a team of physicians that specialize in the management of cancer. Breast Cancer Treatment is continuing to evolve. And i would say that ctca is definitely on the cusp of those changes. Patients can be overwhelmed. 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The several media got the news, i have been reading through stories, so far we know nothing, except they met against this normal, it is a good sign for leaders to have those opportunities to talk off line. President s have often done that, and tried to hide it. Bill clinton tried to meet castro once and could not hide it. When you read these stories, they are nothing but an excuse for media to remind us about donald trump jr. , and all of the russia issues. Gerri i think russia crops up again tomorrow. I am focused like a hawk on venezuela, what is going on there, white house today, saying they are putting pressure on that country, not to rewrite their constitution, and reform the government. Because they believe it just a mad grab for power. I cut my teeth on venezuela when i was first in government in house side then the bush administration. This is a 20 Year Experience in where social implieds you, it is socialism leads you. I think that president is right, i think he has to insist that venezuela has to alike a normal nation, and stop abusing people, and so i think there will be a increasing level of measures coming short of a full cut off of oil sales. It is only going to end in blood i think, our role will be to mitigate it as much as possible. Gerri what distraction do we have. Not a lot, i think that military will have to tire of maduro. The president hiring thugs to beat up venezuelans and make the military look like chumps, in two or three months, i believe you will could see the military remove him. Gerri socialism not working. What do you make of sanctions in iran, do they do go good . I think that is a Trump Administration saying deal with was a bad deal, that left many loopholes, you trusted iran to alike a normal nation, well keep applying pressure on them, i think that president may have a way out of that deal. He is reviewing it carefully, that is why he renewed it, but sanctions do send a message, you are not normal, we know what do you to us, and we know our intentions to harm us, well make you pay. Gerri and just not what they do to us and our allies but do to people on the ground, talk to us about that. Absolutely, a brutal regime, a thuggish regime, not as chaotic as venezuela, it will again probably, the iranian people are prowestern, proamerican, and better educated, obama had his chance to help them, he schoo stood down. But i think that President Trump will first be concerned with our security. Gerri they are going too bring in nukes we know that, how do we stop that now . I dont think it is guaranteed they will bring in nukes, not everyone president will be like obama. One thing, it takes chinese, North Koreans and iranians and venezuelans to understand that after 8 years there is a different administration, and any threat to us persevered or real, we will deal with, once they understand that, and see pressure applied, repeatedly, i think you will get a change. Gerri well have to leave it there, were out of seem, paul thank you for joining me, appreciate your time. Thank you so much. Lou dobbs right now. On fox business. Stay here. Lou good evening. Most er everyone watches us last night, knew there was a slim chance that Senate Republicans could overcome themselves and pass Obamacare Repeal and replace legislation. It became clear, that Republican Senate opposition was growing. Majority leader mcconnell suffered a devastating blow, after senators moran of kansas and lee of utah announced they would not vote for the revised legislation