That was President Trump taking a victory lap on the news that the u. S. Economy grew at a robust rate at 4. 1 percent in the Second Quarter. The fastest pace in almost 4 years. Here with a look at whats behind that acceleration is chair of the White House Council of economic advisory. Nice to see you. 4. 1 percent. Economists predicted 4. 4, as you look at the details of the report. What do you like in it . It goes back to a piece i wrote a while back that Corporate Tax cuts would cause a Capital Spending boom. If you look at the average of the first half of the year, we got a Capital Spending boom in the average growth is 3. 1 percent. Its not often that economists can nail it that tightly and it showed its working exactly as we thought. Paul Capital Spending in the First Quarter was more robust than in the Second Quarter. Do you have an explanation for that . One of the things that happened is for Equipment Spending you were allowed to expense it retroactive to october. In the Fourt
years. we passed election reform legislation, universe cal background checks and three bills to deal with prescription drug price, four bills to help shore up the affordability care act. we ve been busy in the house, now, my colleague, my constituent and my senator, mitch mcconnell who calls himself the grim reaper is probably going to prevent those from going far but this house is doing a lot of legislating. congressman talking his book. we have to do a block on friendships. it would be great to hear about that. keep it here. coming back here, the fight over immigration heats up after a federal judge takes a hammer to the president s border wall plan blocking the construction of his signature campaign promise. does it play right into the president s re-election hands or is his plan doomed? this is rick blomquist.
california. tomorrow throughout the entire state, spots in the triple digits. this also unfortunately, lingers into monday. with all of this on top of tha , you really need rounds of showers. those are not on the way. we have seen some pop up showers but some of the worst hit areas in northern california over to nevada continue to be dry. and as we run out here the next couple of days, it does look as though things will be staying dry and we will not get a lot in the way ofrain. mike: triple digits can temperatures, no rain, thank you. julie: the president firing back at his former personal attorney. as he comes out with a new allegation against the president. michael cohen reportedly claiming the president knew in advance about the 2015 trump tower meeting with the russian lawyer. will have reaction from washington straightahead. plus the trump administer sustained have met a court order deadline to reunite families as the battle over immigration heats up. we are calling to ensure
i don t think russia wants to. i remember years ago when the war in vietnam, we were negotiating an end to the war, and the north vietnamese who did not want to get involved in a discussion about the conclusion of the war, they spent, oh, maybe six months, nine months, almost a year talking about the shape of the table. and who would sit at the table. and never got into talking about substance. i think the russians are in the same mode. they do not want to have us in their airspace, and i don t think they re going to come to any sort of agreement with us about who s going to control it. and we re talking about another plane here where the use of those missiles, 1,000 miles being shot. and us the united states has to be concerned the fact that they re using them at all. there s plenty of stuff flying in this airspace. a good opportunity for a mistake to occur. colonel jack jacobs, as always, thank you very much. appreciate it. up next, the battle over immigration heats up with d
and after dramatic standoff, the house narrowly passed a spending bill to keep the government open this morning. republicans already flexing their political muscle as the battle over immigration heats up. bill cosby drugged me. that s what famed supermodel beverly johnson says the embattled comedian did to her in the 80s, she joins a crowd of people making disturbing allegations. could this be the tipping point? your new day starts right now. announcer: this is new day, with chris cuomo, kate boldaun and michaela pereira. welcome to new day it s friday, december 12th, chris cuomo and alisyn camerota here. the c.i.a. chief says it s time to move on. but he s getting plenty of push-back. it s not clear who knew what was being done to detainees and why we still don t know. john brennan, however, won t use the word torture when he s