Transcripts For FBC After The Bell 20170914 : comparemela.co

Transcripts For FBC After The Bell 20170914

President just saying on air force one that after republican failure on repeal of obamacare, he is forced the work closer with democrats just to get something done. More on what he may or may not have agreed to with Chuck Schumer and nancy pelosi coming up. Also the rich may have to pay for. President trump doubling down, now saying wealthy americans are not his priority when it comes to tax cuts. Melissa the president just making comments aboard air force one on the surge in stocks and says that he respects fed chair janet yellen. The dow closing at another new record high. Lets go straight to Nicole Petallides on the floor of the new york stock exchange. Nicole, what was the day like down there . Feels pretty great. We did have that back and forth action. There was a lot of pressure on a lot of parts of the market. As you noticed, we had a mixed close. The russell is lower, but the dow brings it in, third day in a row of records. It was up four days in a row prior to this, up nearly 375 points, and now you can tack on 47 points today. A name like pfizer hit a high on the dow, pfizer and boeing leading the way, they had a lot of good news as well. One name that came under scrutiny today, google, which finished down 10 at 940 and change, and this was all about the news on the lawsuit. There was a lawsuit filed against google. This is all about sex bias. We know theres been an investigation ongoing, and now that they are now being looked at for discrimination. And so with that, that spooked the market a little bit on that one. And google came out with a statement. Heres what they had to say. We work really hard to create a Great Workplace for everyone, to give everyone a chance to thrive here. Well review this particular lawsuit in detail, but we disagree with the central allegations. So this proposed lawsuit was filed in california, and it did put some pressure on google today. Back to you guys. Melissa all right, nicole, thank you. David fighting for his middle class base, President Trump continuing his bipartisan push for tax reform as he returns to the white house after visiting storm victims in florida. Blake burman is live at the white house with the very latest, had kind of an impromptu press conference on air force one. Reporter i think about half a dozen times hes stop before the cameras on this day. The main event, no doubt about it though, for the president was going down to southwest florida, naples, fort myers to survey the devastating damage left behind by hurricane irma. He was joined by the first lady, by the Vice President as well. It was there in naples in the far, tuckedin Southwest Corner of the state of florida that he ended up surveying a Mobile Home Park that was absolutely gutted by the major hurricane there, him and the first lady served hot meals as well. Along the way throughout the day today as you mentioned, the president has been stopping before the cameras, and at one point he was pressed about the comments that he made yesterday on tax reform in which he suggested that the wealthiest might indeed end up not getting much of a tax break at all should the president s plan end up going through. And the president today did not back off that suggestion. Wealthy americans are not my priority. My priority are people in the middle class. And thats where were giving the big tax reduction to. Its about the middle class, and its about jobs. Reporter meanwhile, the white house is insisting that the president did not cut an official deal with nancy pelosi and Chuck Schumer last night over dreamers and the dream act. However, the president at multiple points throughout this day laid out what could eventually be a framework for such deal. Were working on a plan subject to getting massive border control, were working on a plan for daca. People want to see that happen. We want to get massive Border Security, and i think that both nancy pelosi and Chuck Schumer, i think they agree with it. Reporter hovering over any sort of immigration talks is one of the president s top priority, that being the border wall. When the president left the white house earlier this morning, he said that it would, quote, come later. Later in the day though he had a lot tougher talk as it related to the border wall saying, and i quote, that it would be vital, and he insisted at that point and throughout the afternoon that he wants this wall built. David blake, thank you very much. Melissa. Melissa here now is congressman mark walker, republican from north carolina. A Republican Committee chairman who met with the Vice President last night. And i understand you are the large arest conservative caucus largest conservative caucus in the house of representatives with more than 150 members. You met with the Vice President. What did you guys talk about . We talked about what the president s agenda is as well as what we continue to hear back home what the peoples agenda is. This is very important that we follow through. The grade on the 115th congress will be revealed over the next two to three months on how much we accomplish, these two or three goals that we continue to speak on and lay out. Melissa so did the conversation today, you know, when you hear nancy pelosi and Chuck Schumer talk about how they feel like theyve made a deal on daca, did that fly in the face of the conversations you feel like you had last night . Well, if it was Nancy Pelosis version, then yes, it would fly in the face. But we are continuing to follow the president s lead. Right now weve been asked to handle tax reform, weve been asked to make sure that people who are suffering under obamacare have some relief. But this third wheel, if you would, the third leg of the stool thats becoming more and more clear these days is Border Security with some kind of lemm daca fix longterm daca fix melissa and is that acceptable to you . Well, the president did exactly what he was supposed to do. This was an unlawful, unconstitutional act by the former president , obama. We look forward to partnering with him in fixing it. Melissa so does fixing it mean that you would find a way to allow those people to stay or cosomething related to daca or do something related to daca that is compassionate in terms of people who have been in the country for a long time and would also secure some sort of Border Security whether its a wall or something that is very walllike . Melissa, there is some trending that direction, but i will tell you where the rub may come down is whether citizenship is offered or whether its legalization. Thats going to be a very tough sticking point. But we do want to work something out to make sure we are securing our borders and protecting our citizens for the future. Melissa let me ask you on the tax front how the chatter and conversation has kind of changed. As he said today, hes focused on tax cuts for the middle class, bringing jobs back. It sounds like its lowering the Corporate Tax rate, maybe theres something about repatriating dollars and and tying that repatriation to some sort of investment, private investment in infrastructure, that whole package. Ing does that sound palatable to you . I think it does, and i think your information is spot on. About 40 or 50 of us met with kevin brady, chairman of the ways and means committee, yesterday amp. And this yesterday afternoon. And this tax reform, its starting to take picture here, come into full view. But i dont know that i disagreed with the president earlier that the primary focus is on the middle class and not those above it. Melissa yeah. And its starting to sound like it makes a lot of sense, its very logical, it might create jobs, might have people on both sides of the aisle participating and agreeing. I mean, this its, it blows your mind to think that Something Like this could actually happen. Are we getting too excited, congressman . Well, before we start singing kumbaya together, listen, the president is doing a great job of bringing people together. Thats what leaders do. However, with nancy pelosi and mr. Schumer, these are political professionals. Theyre not amateurs who major in pushing progressive policy, so we want to make sure were thinking about that going forward. Melissa did you hear the first part of the sentence when you said the president is doing a great job bringing both sides together . This is not something anyone has been saying for months, and all of a sudden we hope some of our Democrat Friends will acknowledge that publicly as well. Melissa well see. Sir, thank you. Appreciate your time. David wow. Melissa i know. David so the president , no doubt, upsetting some of his wealthiest supporters who were betting on a tax cut, but not everybody whos wealthy is upset with that idea including robert wolf, 32 advisers ceo, who was not hugely a trump supporter, and scott martin, chief investment officer, both are fox news contributors. So, robert, i know that what the president has been saying about the wealthy versus the middle class and while you may have rate cuts, the rich may end up paying more, thats music to your ears and, frankly, thats what makes a lot of republicans nervous. Yeah, not necessarily i agree with having to tax the wealthy to get to where we want to go. I think theres other loopholes you can look at david but youre for lowering deductions and lowering rates at the same time absolutely. David at least not raising rates. I am for lowering rates david which used to be unusual for a democrat, no, like yourself . Well, not for middle class. I think we were always for middle class rate cuts. We were more, you know, actually the conservatives were more revenueneutral, now it seems the democrats are more revenueneutral. But i align with what the president has said in the last 24 hours, that we have to get the middle tax cuts lower. Ive always been for repatriation as was, by the way, president obama. And as melissa said, if we can get the two groups working together and get corporate rates down to under 25 , i think thats good for everyone. David scott, robert is an example of something that puts to rest the rumor that there are no sensible democrats. I mean, there are sensible democrats with whom the president can work to lower tax rates. Maybe Chuck Schumer and nancy pelosi wont be among them when push comes to shove, but there are democrats who will jump over to cut taxes, right . Yeah. I mean, you know what the beauty is about this, david . Lets say this actually works out and, oh, my goodness, we get 4 or 5 gdp growth david by the way, do you believe when the president and Steve Mnuchin say that for every 1 extra in gdp that we have, we could have over a tenyear period a trillion dollars trillion dollars, yeah, david, weve seen that before. Weve seen it in the reagan administration. Ill tell you whats interesting, the democrats coming to the table on this can actually take some credit for reinvigorating the economy. And robert also said something correct, if you reinvigorate Small Businesses in this country with a lower tax rate, thats going to also help the middle class because theyre the david robert said a lot of things that are correct. Im just wondering what you think about mnuchins notion for every gdp percentage raise, you have an extra trillion in government revenue. That could help solve the debt problem. Listen, im a reagan democrat, but im not sure i agree with the trickle down economics approach david look what happened in the reagan with years, you had an increase in even clinton tax cuts. I think its very different today because were in a much more global economy. David listen, lets leave on a very optimistic note. I think thats one reason why the market was up again. Robert, and scott, great to see you both, thank you. See a ya. Melissa breaking news, oracle out with First Quarter results, the company up 1 after hours following a beat on both earnings and revenue. Company reporting a 7 rise in total quarterly rise in revenue helped from a push to the cloud, up 51 to 1. 5 billion. David okay. The ucberkeley once again bracing for chaos. We are hours away from the arrival of conservative ben shapiro. Hes at a soldout speech that could take a violent turn like what we saw last month. The antifa people are at it again. Police are arming themselves with pepper spray. A live update from the campus. Melissa and former National Security adviser susan rice reportedly admitting to house investigators she unmasked senior Trump Officials names but didnt leak them. The president just weighed in on this one Onboard Air Force one. And judge Andrew Napolitano says what she may have admitted to is still a felony. Hes going to join us. David and 13,000 people still living in shelters in florida. The president getting another firsthand look. We are on the ground in naples for more on how people are faring and how the administration is handling it all. I want to thank the Prime Minister and the Vice President. What i the president and the Vice President. What i can tell you is they were always accessible. They made quick decisions, they surrounded themselves with outstanding people, they were constantly calling me to say what resources do we need. 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David 3ru6r7 in napless, florida President Trump, in naples, florida, meeting with local officials and First Responders as floridians look to rebuild their damaged towns. Joining me now is ann terry flores, republican state senator from florida. She represents, among other areas, the entire florida keys. And, senator, first of all,ing thank you very much for joining us. I dont know if you heard the president s press conference on air force one, but he said that its possible that the keys or at least part of the keys was hit by hurricane, a fivecategory hurricane. So it was the hardest hit of all. Parts of it just completely leveled. Whats the latest on the keys . Well, first and foremost, thank you all as much for continuing to really put some faces to the stories that are coming out of the florida keys. David all we can. The people in monroe yeah. Its been incredible, and the outpouring of support across the nation has just been wonderful. What weve seen so far, i had an opportunity early on tuesday, so just after the storm, to fly over and to actually touch down on key west with the United States coast guard and to see how this is a way where government is actually working very well together starting at the local level, the municipalities and the county of monroe are all working very closely together to make sure that they can get people back in as quickly as possible. The state, of course, has played a very large role, but the federal government really has done just an amazing job. To think that just under two days after this category five storm hit, that an Aircraft Carrier was just off the coast of key west being able to provide supplies, food, water and infrastructure, its really been a good sign of the way that sometimes government because actually work. David and, you know, it wasnt included in my notes, i dont even know if youre republican or democrat, but a lot of democrats have been saying the same thing about the way the president has been working with local and state officials. Of course, you have a republican governor, but you have a lot of Democratic State officials. Everybody is putting policy differences aside and working together on this, right . Yeah, absolutely. When i went over with the coast guard, i went with both florida senators, one a republican, marco rubio, and, of course, and bill nelson, a democrat. I myself am a republican, but we represent people that are republican, democrat, independent, and this was a storm that didnt discriminate, of course. And so what we want to work on is, you know, step one is making sure that it is safe for people to get back into their homes and get back into david by the way, before let me just interrupt if i can for a moment, excuse me for doing so. A lot of people outside of the state who have Winter Properties in florida want to come back and check on those properties. When do you think it would be safe for them to do so . Yeah, thats a great question. So so far Monroe County officials have said that if you own or live of in a property thats up until mile marker 70, the florida keys is a small town in some places, so thats the way that we say our roads are by mile markers, so if youre in key largo us la mirada, its clear for you to get back in. South, the areas that have been hardest hit, cudjoe key, sugar loaf key, big pine, key west, the reason why its not sa

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