We hope to have the largest tax cut ever passed in this country. You look at other countries what they have done, and we are competing with other countries. Charts Charles Sebastian gorka is with us. Hes former Deputy Assistant to President Trump. You were at the values voters summit over the weekend. You challenged the audience. You said donate to your super pac, drain the swamp once and for all. Do you sense there is a window of opportunity, perhaps a once in a Lifetime Window to bring the establishment down . Absolutely. 2018 is the year. November 8 isnt just about donald trump. We sent a message. I flew on air force one with the president for a rally in the steel valley. We mad former democrats screaming drain the swamp. Its 40 years of the establishment doing what they want. Charles if you have to have a leader of that establishment, Mitch Mcconnell will be at the top of it. They came out and made nice in front of the cameras. He said something that was telling. He said that the Business Model that works for republicans is not to have Companies Like todd aiken. Get the incumbents in because they can win. It works for them, but it doesnt work for the American People. Ways brexit . What is trump about . Politicians promise to do x. They come to washington and what happens . They renege on the deal and they stay there for 3. Years in congress. Thats going to end in 2018 and the swamp rinos will be challenged. Charles do you think some of them have good intentions or its the establishment picking the people from day one who will go in there and do the bidding of big business. Look at alabama. What was the other person on the right side of the republican fence . An individual, Luther Strange appointed by a corrupt governor who had to stand down two months after he appointed him, and a person who had been a 20year lobbyist. They spent 32 million. And the judge spent 2s 12 1 million. Charles i read between the lines there is a difference between the campaigning for President Trump and the trump vision. The trump vision is sometimes different than the President Trump himself. Im not sure there always massive difference between the two because the president is never going to go swamp on us. The only way he can lose his base necessary goes swamp. The president sped maybe i if is back the right guy. If judge moore wins ill support him all the way. Charles requires a very, very exciting time in american politics. Those Blue Collar Workers are happy right now. President trump appear something what united with majority leader Mitch Mcconnell. He says he plans to go to war against the gop senators, particularly mcconnell. Attacking a number of republican members of congress. The donors are not happy. They all left you. We cut your oxygen off, mitch. Its a season of war against the gop establishment. Its no longer acceptable to come and pat you on the head and tell you everything is going to be fine, just get niece guys in office. Those days are over. Charles joining me now, ford oconnell. You have got a donnybrook brewing here, caylee. This is why the rnc does the smart thing and say we defer to the American People. Republican stroarlts know best, we trust you to make the decision. We got trump in the white house. Trump knows his base better than everyone we encourage to you stand behind his lead. Charles you had mcconnell taking shoot back at bannon. He says we tried it your way and we ended up with candidates like todd aiken who were unelectable. What do you make of that. The schism in the Republican Party is real. But the president will be journaled by his results. So far we have seen him do a lot through executive order that is positive and appeals to his base. But the legislative side is looking. I think his presidency depends on how effectively hes able toy guide congress. Charles you have a lot of republicans who campaigned on certain issues and President Trump threw them a softball. He said take it away on healthcare, they fumbled it. Tax reform, take it away. And they cant seem to get a grip on it. There is a disconnect between what the republicans have promised their boaters. Ford i agree with gorka about the frustration. What the problem with president obama is he needs more senators. You need 60 republican senators to pass legislation. I am no fan of Mitch Mcconnell. But there has been a long list of inyou are gentle dumpster fires from odonnell, aiken, on count line. I get it if you want to go after flake. But why go after senator barrasso in wyoming. Why waste your time in fighting when you can throw it back the r to the democrats. It smacks of an monthsity than policy. Charles there are he predicts a watergate blowout if they dont perform on tax reform. Establishment republicans must prove to the American People they can pass legislation they were elected to pass. Republicans need to prove they can make the agenda a reality. When you make promise to the American People, they have to come to fruition. Otherwise it strikes at the heart of the American People swan they didnt like about. We have 218 in the house. 49 in the senate. We are one vote short. We need to expand those majorities. Gillian if we are going to target anybody we should be talking about rand paul or john mccain. Ford they are not up in 2018. Lets remember that. Mcconnell is not doing the job. If we dont actually get tax reform through and get moving on obamacare well not only lose the senate, well lose the house. In the president s first term his party typically loses 33 seats in the house. Right now the president can only afford to lose 24. Trump wants to remain in control of the house and mcconnell wants to remain in control of the senate. The only way that will happen is to get these things through. Charles this brings us back to where we started. The American People have given the republicans in congress an opportunity not just now but during the last few years of President Trumps term to push back and stand up for them and their ideas. The grassroots effort seems to die when it gets to capitol hill. It took obama until march of year two to pass obamacare. I share your frustration and Republican Voters have a right to be frustrated. We should have had this legislation ready on day one. Now its time to let the republican senators to gel together. Charles well be right back can i kick it . Yes you can can i kick it . Yes you can can i kick it . Yes you can well im gone it was always our singular focus. To do whatever it takes, use every possible resource. To fight cancer. And never lose sight of the patients were fighting for. Our Cancer Treatment specialists share the same vision. 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Charles President Trump and Senate Majority leader Mitch Mcconnell pitching the republican tax plan as something that will benefit all americans. Senator schumer is calling their bluff. He says these tax cuts benefit the wealthy to the exclusion of the middle class. When president reagan came into office the top tax rate was 70 . And we raised 61 billion. But in 1987 the top tax rate was 28 . And they brought in 84 billion. I always get so confused because i look at the corporate rates when Ronald Reagan came in and individual rates, and i see where they went down and there was a huge spike in revenues into the coffers of the government. By the way, the growth that we saw on the reagan gdp growth has not been seen since. You cut tax tore corporations and wealthy investors, and they invest it in the economy. That creates jobs and creates pay increases. The middle class will benefit. They predict by a 4,000 pay increase. Trump said well cut middle class taxes as well. You get the growth when you have the incentive for people who have money. That creates jobs and everybody else will be better off. Charles art laffer had a message for democrats who didnt like the idea of a big tax cut. I dont know how a democratic vote against this bill and hold his face up high to the electorate. It doesnt make sense to me. Charles what will the democrats say to the American Voter and say we dont want you to have a tax cut. Thats not what they are saying. The trump tax plan is a tax cut for the wealthy. Its been demonstrated by multiple groups that this benefits not only the 1 , the 1 of 1 . We saw this with the bush tax cuts. It didnt lead to economic growth, it didnt add to job creation. We are going back to that old tired idea instead of thinking about sensible reasonable reforms. If the goal is the middle class charles both sides of the aisle use the term or word reform. I dont know what that means. Whats the difference between a family making 60,000 a year and socalled reform if they get a tax break. The family make 60,000 a year isnt going to get the tax break they have been promised. We are not going to see any spending cuts because republicans cant get any spending cuts done. According to the director omb, well continue to see our deficits grow. Fiscal conservatism i think now means its okay to deficit spend and pass tax cuts you cant pay for. I dont think thats the definition of fiscal conservatism. There is never a democrat on capitol hill that ever votes to cut spending. Reform means they will have to raise somebodys taxes to raise somebody elses. Its the net tax cut that will unleash the economic growth. Charles people understand if they keep more of what they earn, they will put it into the economy. And if they put it into the economy, that triggers more hiring. Its simplistic, by the many also telling in the sense that isnt that how the economy should work . People should keep more of the money they earn . Of course, charles. Your stepbystep analysis is the ideal. Unfortunately thats not the way the tax cuts worked under the bush administration. And there is ample evidence to demonstrate that. I dont know why republicans think doing the same thing will result in a different result. I dont think there is any evidence that it will. Deficits will keep going up and we have to figure out how to pay for those. I respect that trump charles im so happy the democrats have that deficitdebt religion all of a sudden. President trump taking a jab at drug pricings again. Well break count economics behind it. Well be right back with senator tom coburn honking beeping were on to you, diabetes. Times up, insufficient prenatal care. And administrative paperwork, your days of drowning people are numbered. Same goes for you, budget overruns. And rising costs, wipe that smile off your face. Were coming for you too. At optum, were partnering across the Health System to tackle its biggest challenges. Prescription drug prices are out of control, the drug prices have gone through the roof. If you look at the same exact drug by the same exact company made in the the same exact box and sold someplace else, sometimes its a fraction of what we pay in this country. Meaning as usual, the world is taking advantage of the united states. They are setting prices in other countries, and we are not. The Drug Companies, frankly, are getting away with murder. Charles President Trump has Harsh Criticism about drug prices being quote out of control. The president said he would declare a National Emergency over the Opioid Crisis as early as next week. Here is the thing. President trump took on the health insurers, their stocks were down. He note how much they have gone down since obamacare was enacted. I see a different scenario for the Drug Companies. Glakcompanies. There is something inherently wrong with the way ou our systes set up. Im not saying these are choir boy companies. But i think it will be more complicated. One thing that gets rarely reported is the fact that there is an interesting aspect of obamacare. We had the Prescription Drug tax, the idea that we had this tax on these brand names of Prescription Drugs that the gop tried to repeal in their last Obamacare Repeal attempt. It didnt work. But they started seeing the Prescription Drug prices go up in 2012. Even though we are beginning to see the prices go up even further is one of the interesting things is the fda keeps on putting these regulations and taxes on to not just Prescription Drugs, but also medical devices, and we are going to see a big fight between democrats and republicans over taxes and price controls. Charles you mentioned the fda. I would love to see them blow up the fda structure and put that back together. The reason these stocks so far back, that was the era of blockbuster drugs. There is a limited amount of time tuck make cash on those things. Why not extended the period of exclusivity, instead make it a 1year process, make it a 2year process and get a capitalistic solution. If the government tries to tell Drug Companies what to charge, how is that different than single payer in europe. It takes about 10 years for a drug company to develop something and finally get out to market. If you think about it you are talking about the price very often being passed on to the consumer. You will have democrats saying we are going to have these price control that have to be put on to Medicare Part d. So watch for that in the upcoming legislation. Charles i love the fact that President Trump is looking at the political contributions for pharmacy companies. Thank you very much, appreciate it. Next, President Trump trying to turn back the clock and the obama era. Piece by piece hes dismanning it executive order by executive order. But where is congress . Another day at the office. Why do you put up with it . Believe it or not you actually like what you do. Even love it. And today, you can do things you never could before. Youre working in millions of places at once with iot sensors. Analyzing social data on the cloud to create new designs. And using blockchain to help prevent fraud. So get back to it and do the best work of your life. Charles brick by brick, law by law, the demolition job is underway, President Trump targeted legacy of barack obama. Talking climate, free trade, foreign policy, immigration, health care to name a through. President trump taking a jab as obamacare. Healthcare, if you look at obama, first of all, you look at clinton they were not able to get it done, other administrations were not able. President obama after a long period of time was able to push it through. But push through something that has failed. Failing badly. Were meeting democrat, republican are meeting right now, right now they are working on something special. Charles here with me now nick adams. Founder and new book coming out tomorrow, the case against the establishment, author. And nick, let me start with you, a third bestseller. President trump used a lot of executive orders pushing hard to dismantle a lot of elements from obama legacy. How are they going to be reconstituted with this congress this establishment. You really wouldnt want to put money on it. Charles but the stakes are high, President Trump has done his part. Now obamacare, daca, a few other things are in the laps of the congress who cant get anything done. They have to step up, president has done the hard work, paved way, now it is time for those people who call themselves republican that are sitting in u. S. Congress, to actually do something about it. One thing to dismantle it but make sure what is going to be replacing it. Will be really good. Charles you can argue repeal and replace across the board, were not getting it perhaps with a lot of things, so where does this put us jill ran . A jillian. One positive thing is shrinkage of regulatory states, the pages of federal register, trump was able to decrease that, one more more than reagan was. That is substantial. Risks that were running is that were governing by executive order. This is something that we have slammed the Obama Administration for doing. And i think were learning is that things done with the stroke of a pen can be undone with a stroke of a pen. If you want to make it permanent, you have to go through congress. Im not too optimistic about that. Charles that is just can, kaley. You are spokeswoman for rnc, the ball is in their court, President Trump has done what he had to do. No one is a fan of executive orders, but they have gotten the ball rolling. We need congress to deliver, you are correct. You know it comes to a few senators. I agree with jillian, lets focus on sense ors who say no senators who are saying no, and get them it a yes, senator mccain would like tax reform through regular order, and bipartisan. Moments ago senator corker told a reporter he would not vote on tax reform if it increased deficit. Instead of focusing on no and negative side of things that could go wrong, we need our g. O. P. Congressmen and senators to be team players, saying lets get to yes. At least, nick, President Trump taking some control over this i think initially he thought that maybe paul ryan and Mitch Mcconnell would get health care through. We see where he is ulindsey graham, they have gone out several issues, they played golf together and rand paul, he is pressing them, but in a way that is face to face. I agree that will help. I am convinced that something can be done. President is making all of the right moves, like i say, it is going to come down now to the people that are supposed to be supporting the president , who tragically are not, they are not doing the right thing by the American People in doing so. Charles where are these folks, rand paul will probably get reelected and reelected. He is not intimidated by President Trump. Where do they compromise. I would hope he would be intimidated by the voters, i dont see how you come in promising for years and years to repeal and replace, then just kill a bill that would have done that in some level. You are still voting for obamacare. I think many of these politicians need to be held accountable. I dont think it has been product testify productive to have the antiestablishment rhetoric with the guys on the same team. Charles we have the koch brothers, they want tax reform, they want it done as. Will it put some pressure on the people . We hope it would, we hope voters would put pressure on this people, this idea that i made a promise and i have to do it. Lets hope that voters are the deciding factor. You are right to say sometimes we need a nudge. Freedom caucus is one of the most valuable elements of our party. But the Freedom Caucus look we have a wide away of voices in our party, no doubt, at end of the day we have to get legislation on table. I appreciate that conservative push from the freedom cacous. Charles well see what happens, the stakes are high, a record day for wall street, dow and major indices closing up at alltime high, Technology Names that you dont wit watch are rocking. Ill tell you what they are next. Na. Ever since we switched to fedex ground business has been great. Theyre affordable and fast. Maybe too affordable and fast. What if. People arent buying these books online, but they are buying them to protect their secrets . . hi bill. If that is your real name. Its william actually. Hmph affordable, fast fedex ground. Charles death toll from California Wildfires is now 41. Officials say that they are making some progress against the fire. Charles well, once again 3 major indices hit alltime highs, the blistering post electoraly just gets longer. Today there are themes includes my favorite, manufacturing renaissance that continues to pick up steam. As new york empire state reports crush wall street consensus, general Business Conditions up to a 3 year high, shipping up 11 points, employment was up. That is move. Are Business Conditions improving during the course of month 44 said yes. 14 said no, financials which had been a laggard this year are starting to do pretty good. J. P. Morgan broke through key resistance. Those are break out this big money buys, crude oil popped early, west texas settled below the 52 number. A magical resistance number. Well see if we can get a break out through there. I see 55 quickly if we get through 52. Then technology, after bell netflix reported, some might say mixed results. International, operating margins 4. 7 , the best ever. 5. 3 million net new subscribers, Fourth Quarter guidance, 6. 3 million net new subscribers, the shares slightly higher. Everyone is talking about hot tech names, the facebooks of the world, there are a bunch of companies that are crushing it with little media fanfare. Micron up 81 , applied materials, nvidia up. I think all three of these names continue to surge. I will add caveat, they become more volatile. Your portfolio has to be a blend of the earthmoving stocks, and highflying tech names, i say make your portfolio great again. Fatal attacks on Law Enforcement officials are growing at a startling rate. And the fbi wants to know why. Were going to discuss it next. This is your new name. This is your new house. And a perfectly inconspicuous suv. You must become invisible. [hero] ill take my chances. Ca yes you can can i kick it . Yes you can can i kick it . Yes you can well im gone can i kick it . To all the people who can quest like a tribe does. Whentertaining us,es getting us back on track,hing . And finding us dates. Phones really have changed. So why hasnt the way we pay for them . Introducing xfinity mobile. You only pay for data and can easily switch between pay per gig and unlimited. No one else lets you do that. See how much you can save. Choose by the gig or unlimited. Xfinity mobile. A new kind of network designed to save you money. Call, visit or go to xfinitymobile. Com. Charles fatal attacks on Law Enforcement rose at a staggering rate last year. Spiking 40 from a year ago, here with me now, steve rogers. What do you make of this . Those are numbers for 2016. They have increased so far this year. There is an out and out war against Law Enforcement. 8 years of Obama JusticeDepartment Left a Chilling Effect on Law Enforcement 8 years of littl politically corrt policing policies have emboldened people tokin challene the police like no that are time in history, there is a hesitancy for them to be deeply involved in a lot of stuff, now they have to be concerned whether they end up becoming the bad guy. I must tell you that President Trump has worked very hard to reverse ta that trend it is succeeding. Charles where do you see that. I am not sure i see it, friday, we have a new Orleans Police officer, mcneil killed in line of duty. I have to tell you new Orleans Saints had a moment of silent for him before the game. Several players were kneeling, during National Anthem and they continued to kneel through this moment of silence, the disrespect is on a lot of levels. It is, but president made it clear, Justice Department is going to lean more toward supporting Police Officers, if a cop is wrong they are wrong. President has made clear to that, but he has returned their Tactical Equipment in a need, and training has gone up, moral is very important. In any khweisy million tear mily organization. The moral that increased. Charles someone watching this who may be critical of the police, this guy just admitted that police are a quasimilitary, is that the way we to want to see police. We have talked about community policing. That is a great question. People should look at police as their friends,y use quasi military because we wear uniforms and there is training and order. When it comes to a relationship with the public, police are good guys, community policing, building relationships from everyone living and working in their communities, we need to return to that, i believe that president will make sure that happens. Charles it feels that were at some point of ain an inflextion point. We remember the 70s and 80s in new york it was tough. I lived in a neighborhood where police did not like to go too often, unless they absolutely well to go, it is eye dangerouss slippslippery slope . It is. Whether you know your commander is willing to stand shoulder to shoulder with you, you will see moral increase, police will go out of their way overwhelmingly, and you will see public going out of their way overwhelmingly to help police. Charles my nephew is a Police Officer in new york, he got married saturday, it is so great to see the young people in the police force. It was a it felt great, i felt that you know optimism you bring to the table. You think that is indicative. Are young people gravitating to Law Enforcement. I believe, we see and hear so Much Negative things about in millennial generation, there are millions like your nephew stepping up. They, contributing to their country. Charles always a favorite, you got him, thank you. Thank you. Lou President Trump adding a complicated item to his laundry list of agenda items, the thing is how he plans to accomplish it well be right back. My business was going nowhere. So i built this kickin new website with godaddy. Building a website in under an hour is easy 68 of people. Who have built their website using gocentral, did it in. Under an hour, and you can too. Type in your business or idea. Pick your favourite design. Personalize it with beautiful images. And. Youre done and now business is booming. Harriet, its a double stitch not a cross stitch build a better website in under an hour. Free to try. No credit card required. Gocentral from godaddy. Looking from a fresh perspective can make all the difference. It can provide what we call an unlock a realization that often reveals a better path forward. At wells fargo, its our expertise in finding this kind of insight that has lead us to become one of the largest investment and Wealth Management firms in the country. Discover how we can help find your unlock. One thing were looking at strongly is welfare reform, it is a big subject. People are taking advantage of the system, then other people are not receiving what they really need to live. We think it is unfair to them. Were going to be looking very strongly there at welfare reform, it will be a big topic under this administration. It started already, we have a lot of recommendations that well be making. You will hear about them very shortly. Charles President Trump announcing his administration now will take on welfare reform, another agenda item to add to already full plate, president reaffirming his commitment to passing immigration reform. More than ever we need the wall, we have drugs pouring through. On southern border, they are pouring through. And we have to have the wall, well have the wall. We dont want the drugs. We dont want the crime, but we need the wall. Charles back with me now, nick adams, ford oconnell, start with the wall. I think that was a question about opioid epidemic, President Trump coming out with additional plans next week. But immigration and controlling the border continues to be a hot topic. You right. Probably is President Trump is right about this issue, but the dirty secret. Democrats want new voters, and a lot of republicans want cheap labor, nobody in washington actually wants to fix this issue. It is not just the wall, it is moving us from a familybased immigration system to a meritbased immigration sim, Neither Party wants to push the ball forward, donald trump is right. Charles 3 years ago, nick, canada went through a merit based system, checks and balances, a job waiting for you, and still set, you could not be a burden on society. That is the way it should be here in america, we want the best to come to america, we people wholl come to make not take to give not receive. To join the place not change it. We people who will come to america and contribute. If people want to come to america and milk the place, they should not be here, i am in favor of a meritbased immigration system, and married to that whole immigration issue is welfare reform, we do need that. The deadly combination for any country is a big Welfare Program with open borders, you kiss yourself that is a det sentence. Yes. Western self jai civilization will disappear if they continue to grow unabated. That is not the american way, the american way is invasion, selfstarting it is falling down 5,000 times getting up 5 5001. Charles the west, austria had an amazing election this weekend, now they have a newly elected president , he is 31 years old. There he is, the platform was simple. Tough on welfare and immigration, lower taxes, almost echos our theme here. This is not uniquely american thing. This is happening in austria in germany and in canada. Here the real point. This is coming out in a unlittle biununpolitically correct way. The refugees and dow downtroddeo where they will take care of them, until have you, that this will continue, right now foreignborn population of america is 13. 5 , by 2026 it may go to 15 , that is highest since 18 90s. You have that problem this hurts country. Charles ford, if we pay people in america not to work, you have to lower is it smart immigration policy, does that include changing the way we do things. That so much incentive, not to work these days. I you are right. We have to lock at that. That is not palatable at ballot box to say that out front. Went on you are in once you are in office you have to be careful about idea of giving out such great benefits in the world that people dont work,. Charles quick, new book, case against the establishment. Do you think we could change unless we change the establishment. No, we cant, we need to crush the establishment. Charles all right, thank you both very much, nick thank you and congratulations, now the man himself next, lou dobbs, keep it here on fox business, we got you covered, markets at a new alltime record. Lou good evening, a number of breaking news stories tonight. President today giving one of swamp creatures a bear hug, President Trump dismissing reports of bad blood between he and Senate Majority leader Mitch Mcconnell, president saying, they are working together to build support for tax cuts and the rest of the president s agenda. Were probably now, i think as far as im concerned, closer than before. The relationship is good. Were fighting for the same thing, were fighting for lower taxes, big tax cuts, the biggest tax cuts in history of our nation, a