Conference committee so we can do the hard work to finalize the details this year. Neil by when . Our goal is by christmas. Were on that schedule. You have to work through the weekend, the nights. This idea of taking a recess, doing this. The public gets sick of that. So get it done. I do think time is of the essence and we have to get this done before christmas. Neil get her done. Thats what theyre trying to do. Peter doocy is on how they plan to do it. Hes joining us on capitol hill. Hi, peter. Hi, neil. Four days before the government runs out of money and has to shut down, if they are not fully funded for at least another couple days or weeks. The Democratic Leaders that blew off the meeting with President Trump last week are saying they will head to the white house thursday for a budget summit. Nancy pelosi, Chuck Schumer are saying this. Were glad the white house has asked for a second meeting. We hope the president will go into this meeting with an open mind rather than deciding
Is that the real worry hi everybody im dagen mcdowell, this is bulls bears. The bulls and baser this week gary b. Smith, jonas max ferris, John Layfield and chuck rocha. Welcome to everybody. Gary b. , are these democrats worrying about the wrong thing . Well theyre worried about 1. 5 trillion to the deficit which i disagree with but here is the problem. The debt is forecasted to be over the next few years 88 trillion. Its inescapable and here is why 0. 92 of every dollar the government takes in they spend on entitlement programs, Social Security medicare and medicaid plus interest, do you know what those are forecast to increase over the next few years Social Security 62 medicare 73 medicaid 45 , dagen . The problem is not tax cuts. Its not tax revenues. The problem that we have this Big Entitlement Program moving through, increasing increasing over the next 10 years, if you include state and local spending , the government total federal state and local will spend half of everything w
You im neil cavuto. Well, at t, comcast, wells fargo quite a few Companies Already handing out bonuses making new investments because of the republican tax cut Charles Payne says more will likely follow their lead, also joining in is charlie gasparino, weve got deirdre b back with us and along with ben stein. Charles what do you make of this , early signs that look like were getting more than we thought from some companies. Its alive. Its alive. Neil [laughter] thats not bad. The economy is already rock ing and rolling and we saw already theres a whole slate of names the biggest tell a lot of people miss it tuesday, fedex reported and in their report the ceo said we are going to hire people were going to spend money on infrastructure, and were going to fund our pensions and we are also going to do that and have a buck extra for the bottom line was the first on tuesday, so this i dont see how anyone could be against this and certainly is going to be an up hill battle for nancy pelosi to
Might not be as big as that, but its note worthy. It will be a battle in the senate and could end late tonight if not in the wee hours of tomorrow morning. Peter doocy has been following it all. When Congress Follows through an a proposal, it passes something and takes constituent as long time to notice it or feel the effects. Tax reform is a lot different. New years day, america will have a new tax code for a new era of american prosperity. In february, on february 1, look at your paychecks. Because youll see the tax relief we delivered today. As soon as the bill sailed through the house, it was physically ferried over to the senate where it sits right now. The president is around just in case he needs to cast a tiebreaking vote. Doesnt look like there can be a tie because john mccains absence means an odd number of senators will be voting. Democrats do not have the vote to stop the measure from passing and heading to the president s desk. Theyre trying to pressure republicans to chan
Were all over it with Hillary Vaughn in los angeles where the travel rush is on. We have Rick Reichmuth on a winter blast that could be following suit and jeff flock going shopping with the sending rush on at any store anywhere across the u. S. A. Now to lax and Hillary Vaughn. How is it looking there . Hey, neil. Its calm despite it being what is expected to be the busiest travel day of the year. 107 Million People triple a says will travel this holiday weekend. More people are hitting the roads and flying. To deal with the rush, we have a k9 officer with me with his dog. We wanted to ask him a quick question about how hes monitoring the situation. Were here to keep the traveling public safe and protecting all the Dangerous Items that could be dangerous to the public. Does the dog do better when its a little busier or more calm . Doesnt matter. Works around people. Checks the bags. The vehicles that are left unattended out there. Neil, this isnt the only dog working today. A lot of pa