After that. This is week to 10 days worth of subfreezing temps for a lot of big cities in the east. That is very impressive. We havent seen cold like this since the polar vortex from a few years ago. David what about erie, pennsylvania . I have got to focus on one little town. Not so little if you live there. My grandmother is from eerie. Five feet so far. Theyre getting a another major snowstorm by this weekend. They could end up with 10 feet before long. It is amazing. That is what you get arctic air going over relatively warm, unfrozen waters ever the great lakes. That is why the rest of big cities in the east dont have the snow with arctic air mass. The air is too dry. You know moisture to deliver the snowfall totals. That is it what the great lakes do. I will say, david, next week, january 3rd or fourth, middle of next week. We could get gulf and atlantic moisture involved in the arctic up break, big cities on east coast have to watch for a potential big snowstorm. That is a few days away. We have something to watch going forward. David the only saving grace for new york right now, going into single digits, to got very closo that overnight. You shower, your hair is dry in five minutes. Extraordinary how dry it is. It will change as temperatures actually warm up a little, right . We have the potential storm in the middle of next week that would bring relatively milder air, moist air especially to the east coast. But i will say this, david. Looks like the potential for more significant pattern change, potentially a january thaw coming in the second week of january into the eastern half of countries. Hang in there. There is light on the end of the tunnel here. Incidentally the west where it has been so warm, so dry, bad news for western ski resorts, looks like they will turn a lot cooler, potentially stormier as we head into midjanuary. That is really good news for the west. David by the way you talk about dry air in new york but i imagine the folks in vermont are getting snow, so it is good for snow lodges up there, right . Oh, yeah. New york, new england had a banner year so far. That will only continue over the next few days. Probably another big storm in the middle of next week to deposit a lot of snow into the middle of january. Even if we do get the january thaw as far north in new england it probably doesnt melt any of the snow. Great skiing conditions for the next two or three weeks. David it is important for the snow economy, the ski economy. Dan, thank you very much. If youre looking for heat right now, record breaking holiday sales ahead of tax reform kicking in. New York Governor Andrew Cuomo hitting tax plan for blue states. His state will proprose restructuring the tax code in response to the overhaul. Evan siegfried and veronica daguerre where all this goes. Veronica earlier this week there was worry about china. Lets talk about growth first of all, about how the chinese economy was going to overtake the u. S. Economy, to which i said bull. That is a bunch of bs. When you look what happened to the china past few months. Theyre becoming more authoritarian, worse for the Economic Conditions in china. You look at the u. S. , this huge tax cut will mean tremendous growth in 2018. I think there is no sign of trying to overtake the u. S. Economy, right . If you look at chinese numbers, theyre a bit of a black box. Youre not sure which data to believe, what not to believe. But the u. S. Economy as you said, companies are strong. Theyre hiring. Keeping workers around. Consumers feel confident. Holiday salespeople are spending. The conassumer is back. They may be taking on a little bit too much debt but still it is because they feel good about their prospects. Also this tax reform is only going to add to that fire of spending. David evan, there is always a wing of the Republican Party that worries about overheated economy. They have been very skeptical of the supply side notion you can grow as much as you want. It is always good. Nothing bad about growing. This wing, theyre deficit hawks. They dont seem to be represented by the trump admin operation itself. The trump administration, whether gary cohn, steve mnuchin, anybody else, president himself, dont really buy into the notion that we have to be concerned about an overheated economy, right . They want to have the whole Snowball Effect to take care of the debt on its own. Im personally one the people who worry about the debt. The economy is on fire right now. I think it is very good. Holiday sales for retail earlies is working very well. Americans are expecting 2,000 in 2018. I am expecting tax cut. I bought a dutch oven. Im happy to give it that way and pay it off that way. David veronica, the question is how businesses react to this. The naysayers all they will do is increase their dividend and buy back the stock. Other people, including some of those corporations themselves, particularly smaller businesses say no, we will use money to grow. Consumers and investor will hope happen this is time. This hasnt happened in the past. That is where skepticism comes in. Were seeing some Companies Already giving bonuses, if the president signed the legislation they did, he gave bonuses out. Well see if that translates to higher wages going forward. The middle class hasnt seen wage growth substantially in a long time, several years. They need that in order to keep fueling this economy. So when that kicks in, yeah i think we have more believers on the tax plan. David evan, talk about how Governor Cuomo and he and a lot of democrat governors saying ending of state and local income Tax Deductions that is the president is beating up on democratic governors. The hightaxed states needed salt deductions to keep taxpayers happy. Taxpayers are unhappy about their tax bill. They have been able to deduct it in the past. They will not be able to do that in the future. Does that hurt them . I was one of those people who opposed him names of the deduction. David because you had personal interest. I had personal interest and responsible for new yorkers to keep it there and other americans throughout the country, people in ohio as well as state of washington. Yes, those are blue to purple states. Now the tax reform package has passed. This is reality, and up to the governing bodies of every state to deal with it and see david who will take the political blame though . Will it be the governors and the mayors like de blasio who have high taxes or will it be President Trump for getting rid of salt . It will be everybody in new york state. We dont like everybody from de blasio all the way to trump but were seeing Governor Cuomo saying this is unconstitutional. What he is doing right now, he is gearing up to run for president , not to be a governor. Come on. David veronica will he have to do something to alleviate pain on taxpayers used to that deduction . He may. You have to think about in total perspective here. Peoples income taxes are being lowered and so that can help some people as well. So i think you have to wait to see what your tax bill is. If theyre lowering tax bracket you may lose the salt deduction, you may come out a little bit even at least in the short term. David what worries most about the economy . What keepings up at night if figure in about the economy. Were seeing about the decrease in peoples credit cards in terms of the debt. Theyre not paying off within the month. That scares me. That is a bad habit especially when we hear about people not having emergency funds. Average person in the United States i think doesnt have 400 worth of an emergency fund. That is concerning to me because when we do have another downturn and weville another downturn, are people going to be prepared. David we have to end this discussion. So where is the end of the year coverage after booming economy . Pew says the Media Coverage of trump is three times more negative than obama, 5 positive despite all the economic successes. Former democratic ohio state senator capri cafaro joining the panel. What do you think . Is the media slowwalking if not ignoring the good stories in the economy. I dont think theyre so much ignoring the stories. I think that because of the 24 hour news cycle. Because you know, people get so fixated on the salacious aspects, particularly of President Trumps tweets, that you know, i think that the media is more likely to Pay Attention to those things, for better or worse. But i also think it is consumers fault. People get excited and sucked into the intrigue of these tweets about you know, little marco or you know, whatever he was called, rocket man, throwing the kind of insults around. I think that unfortunately that is eclipsing the message of the economy. I think President Trump and his team would be better served to stay on message so the media could stay on message as well. The media will never ignore tweets or salacious things going on like the russian investigation. David capri, youre kind of a rare bird there arent that many free market democrats left. I think of the old Scoop Jackson democrats. Right. David blue dog democrats but you are a free market democrat and when you listen to Chuck Schumer and listen to nancy pelosi say there is nothing good about the tax bill, that it is the worst bill ever, i mean if they are wrong and if veronica and evan are right well see an economic boom as a result, doesnt that completely discredit the Democratic Party . They are the leaders . Well, look, this is what i consistently said about the Democratic Party, my party, that we need to be more than just against something. There are good aspects of the tax plan, particularly, you know, for example, for passthrough entities for Small Businesses. For, you know, making sure that the standardized deduction is doubled. Yes, are there, carried interest and some of these other things big wins for david we talked about it. They shouldnt have stayed. But at the same time you cant entirely ignore what is happening. Now you have a number of companies actually investing in their workers, growing the middle class out. That is important. Democrats need to get on board to be part of the solution, not against things. David theyre not. Thats the point. If we get this growth spurt in 2018 schumer and pelosi say that never will happen, i imagine that raising your profile in the Democratic Party quite a bit, right . Who knows and frankly i dont care. I care about best for the American People. The folks in washington will do what theyre going to do, dccc, Congressional Campaign committee will do what theyre going to do. I hope they learn from the mistakes of the past elections. I hope they listen to folks in the middle of the country about what we believe, as opposed to focusing on what the coasts think in this echo chamber like 1000 doesnt go far. Come to trumbull county, ohio, 1000 will go very far. David 45 bucks a week buy extra bag of groceries, very important for a lot of people in this country. Evan, do you think President Trump can find enough blue dogs democrats to work with, to get something passed in bipartisan way . No, i dont. That is politics. David you heard capri. She is democrat. If capri were running Democratic Party we republicans would be in trouble but theyre not and the base is further and further left. More and more rabid. If you say good morning to the president they want a primary to throw you out. David did i hear you agree with that . Did you hear you going yes to that, capri. That is true. To our peril. We saw that happen with the republicans in, in the Tea Party Movement as well. When either side goes too far to the extreme left or right, it hurts people in the middle. The other part of it is gerrymandering. There actually arent a lot of blue dog democrats. You have super republican or super democratic districts. It is not in their interest to compromise. David House Intel Committee issuing a subpoena to the associate of john mccains. This is the latest twist on the russian saga. It continues on and on. Wait until you hear the latest. That is next. See thats funny, i thought you traded options. Im not really a wall street guy. Whats the hesitation . Eh, it just feels too complicated, you know . Well sure, at first, but jj can help you with that. Jj, will you break it down for this gentleman . Hey, ian. 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When he looked back and information we had written he had a minor part along the way. Congress is going to want to know, there are two things we want to know. Who are the russian spice that gave Christopher Steele this information and who gave the information over to the press, to buzzfeed. Kramer met with steele and he knows who the russians are. Another russian attack in dossier, suing buzzfeed over this, his lawyers say they know who the sources for steele were but theyre keeping it quiet right now. The judge has a gag order. Those are two of the biggest mysteries. Hopefully they will be solved very soon. David lets ask about the time frame here. As i got it after the election, the november 2016 election that steel met with kramer, correct . I believe youre correct on that, absolutely. He went over at mccains behest and handed it over to the fbi. David remember that famous comment, we need some insurance that peter strzok comment, after i met with andy, we assume meaning andy mccabe, in fact this might have been the insurance policy if trump they didnt expect trump to be elected president but they said if he is, we have to have an insurance policy. Again all roads seem to be leading to the trump dossier as that insurance policy, right . That is unfortunate, that is an unfortunate theory and it looks correct. It is unfortunate because that dossier as soon as you read it didnt pass the laugh test or sniff test. It was clearly bunk. It didnt make any sense. I know Security Services were interested in getting their hands on it, the fbi, because it suggested that russians were spying on the potential president of the United States. That caused worry but, beyond that, it should never have gone that in a president ial briefing. David it was use, it seems, if with were saying it is true, it was used by fbi, it was used for two purposes. One they tried to peddle it around to prevent donald trump from getting president. Two, after he became president , shock and surprise to everybody, they were still hell bent on getting this thing circulated, apparently to david kramer, which as i understand was two weeks after the election. That is what kramer was brought to meet with steele to talk about it. In january they apparently offered it to mr. Comey, david kramer did, even though comey already had a copy of it. People trying to get this around is certainly cause for concern. All of these were still, reporters are working pretty hard to see what we can confirm because the fbi not at all been forthcoming. Cramer has not been completely forthcoming the whole reason for the subpoena here. The congress has been left in the dark. Buzz fee put this whole thing out, laughable thing, says the public has the right to know what is going on here. They had to pull it back, none of this was true. President called it bunk. I actually think were getting pretty close to getting some of the answers youre talking about here and what were seeking with people starting to able to identify every player who is involved. Once you do that you can figure out the it out much more easily. David we want to know exactly who introduced kramer to chris steele. Was it somebody in the fbi . Was it andy mccabe . Was it bruce ohr, whose wife was working for fusion . Was it peter strzok who talked about it in his messages . Any indication who introduced this mccain associate to Christopher Steele, the british spy . Only most, the only fact we know for sure that kramer was sent at the behest of senator john mccain. Who off