A tax cut now expected next week as the dow hit a new intraday high earlier but then closed down 76 points, as senator marco rubio now says he will vote against the deal unless it includes a larger tax break for children. Tonight, how that tax break creates big payout from uncle sam for people who never pay in. And of course, the course against Robert Mueller grows gop leaders including Senate Judiciary chair Chuck Grassley now demanding the Justice Department get real with more information about alleged anti trump proHillary Clinton bias in the fbi. Weve got exclusive analysis from former fbi director Jim Kallstrom tonight plus a bomb threat clears the offices of the chief internet regulator in d. C. Which voted on new Game Changing rules affecting how you watch and shop online. It was a false alarm but well bring you more on that vote and speaking of streaming, a mega deal. Disney buying a big chunk of 21st century fox for 52. 4 billion. Again that is a landmark deal that will redraw
Example this week, apples going to sell a trillion iphones when it comes out. Here with the hurricanes disney opens up a couple days later the parks are already packed so business is business, were back to business and the American People are going at it again and i think the markets reflecting it right now. Dagen and gary b. , we had names like boeing, caterpillar, even dow dupont hitting alltime highs on friday. No fear there. Well, im a little bit more t epid or conservative than gary k is. Maybe being a more, maybe i was more in the storm than gary k. Was i know he was in orlando but i think this was a sigh of relief rally. I mean, here in florida, frankly , it was horrible but it could have been worse. Were still getting over the tragedy in houston but even that could have been worse. Any time north korea fires a missile, i think people give a sigh of reloaf that it didnt hit japan and trigger world war 3. I think the fundamentals are here though. I mean gdp is strong although the
Economics. Now we no one of the problems is pr wise and rhetorical have boxed themselves into the corner after complaining about debt and deficits for eight years but think about the reagan years what he inherited and was able to do with supply side economics average gdp was 3. 5 and 1884, 7. 3 and income is up 8 adjusted for inflation not adjusted for inflation up 50 and you look at 16. 5 million net new jobs. I mean thats the proof right there, so the debt went up theres no doubt about that. Some of that was to build up the break down of the soviet unions military back but i think net net people would say those are great economic years. Neil whats great is how you brought a bar chart to show that and i want to thank you. Its everywhere i go. Neil gerri, what do you make of that . Gerri i agree with him but we dont know whats in the tax package so we dont know how far its going to go and secondly, will they be able to get it done at all . I think if they get it done in the First Quart
Example this week, apples going to sell a trillion iphones when it comes out. Here with the hurricanes disney opens up a couple days later the parks are already packed so business is business, were back to business and the American People are going at it again and i think the markets reflecting it right now. Dagen and gary b. , we had names like boeing, caterpillar, even dow dupont hitting alltime highs on friday. No fear there. Well, im a little bit more t epid or conservative than gary k is. Maybe being a more, maybe i was more in the storm than gary k. Was i know he was in orlando but i think this was a sigh of relief rally. I mean, here in florida, frankly , it was horrible but it could have been worse. Were still getting over the tragedy in houston but even that could have been worse. Any time north korea fires a missile, i think people give a sigh of reloaf that it didnt hit japan and trigger world war 3. I think the fundamentals are here though. I mean gdp is strong although the
Economics. Now we no one of the problems is pr wise and rhetorical have boxed themselves into the corner after complaining about debt and deficits for eight years but think about the reagan years what he inherited and was able to do with supply side economics average gdp was 3. 5 and 1884, 7. 3 and income is up 8 adjusted for inflation not adjusted for inflation up 50 and you look at 16. 5 million net new jobs. I mean thats the proof right there, so the debt went up theres no doubt about that. Some of that was to build up the break down of the soviet unions military back but i think net net people would say those are great economic years. Neil whats great is how you brought a bar chart to show that and i want to thank you. Its everywhere i go. Neil gerri, what do you make of that . Gerri i agree with him but we dont know whats in the tax package so we dont know how far its going to go and secondly, will they be able to get it done at all . I think if they get it done in the First Quart