Transcripts For FOXNEWSW Shepard Smith Reporting 20171128 :

Transcripts For FOXNEWSW Shepard Smith Reporting 20171128



to-do list before the end of the year. and time is running short. >> shepard: we will see how the president response to that. he is also working on getting support or a tax cut bill with a visit to capitol hill today. some lawmakers are not yet sold, and the polls show the american people are very much against it. we will explain why on both fronts. let's get to it. >> breaking news with "shepard smith reporting" live from the fox news desk. >> shepard: out of nowhere, alive look at the white house where the president is about to speak in a minute now. this was not scheduled. it was not on the agenda, we are expecting to have a white house press briefing from sarah sanders as is often the case around this time in the afternoon. abruptly a short time ago, this was canceled instead, the president himself will speak on an extremely busy and consequential newsday. we are waiting for a reaction to north korea watching yet another ballistic missile. another challenge what is already a make or break day for the president's agenda. president trump is trying to cut deals on two separate fronts. first, fellow republicans on the tax plan. then with democrats on a budget deal. those talks had a major setback over a presidential tweet. let's begin today with the breaking news out of north korea. u.s. official confirms to fox news that the north koreans had testfired another missile. the first and more than two months. we will have the president when he speaks in a minute. here's what we know but how that will work. he will speak live to reporters in the roosevelt room. the white house said, this will not be a live event. the white house will shoot the event, video this event, and then moments later, it will play out to all the television networks, so we can play it uninterrupted to you, and we are expecting a moment from now. one of the wrinkle. the white house pool is in the room as i mentioned, and will have real-time readouts. i have updates as they come in. north korea, let's get to john roberts, is live on the north lawn. what do we know about this? >> this is one of the things the president will be addressing in the roosevelt room. we are told they are holding in the upper press conference now, literally across the hall from the roosevelt room. i will also point out, typically when we have presidential statements in the roosevelt roo room, we do live online, so you can bring it to you live, but i would suspect, the meeting with the congressional leadership will not take place and it is only the republican leadership in the roosevelt room, which means that the big table and there. there's probably no room for the chemist to set up. they'll do some quick remarks, although some of them can last as long as 35 minutes. i have been in those situations in the oval office. i'm sure the president is going to talk about north korea and tax reform. i am sure he'll talk about the democrats. we get to the other two issues. i north korea, let us remember during the recent trip to asia,s language, holding out and all of branch or an opening to kim jong-un and said, listen, if you make moves, we will offer you a better welcome into the league of nations, at the old league of nations, but into the world community if you give up your nuclear program. they convince positioning of china. it looks like it was not met with much success because of them a little tense. the president did however last week in the early part of the week put north korea back on the list of state sponsors of terrorism, which is very harsh diplomatic move and you probably seen as north korea's part of the publication for this latest missile launch. back to the tit for tat where president trump says one thing and kim jong-un do something other. he will ratchet up the language when he speaks in the roosevelt room in a short time. i doubt we'll hear the same to poetic tone when he was on that asia trip. there is no time at this point whether or not to something in his back pocket to fire back and north korea or up the rhetoric. shep? >> shepard: john, thank you very much. we just got breaking news on this missile. let's get to jennifer griffin live at the pentagon. what have you learned, jennifer? >> a senior pentagon official told me they can confirm this was an icbm. intercontinental ballistic missile fired by north korea. this is the first confirmation we have had from any u.s. official or from the south koreans themselves or their examining the trajectory, we understand it was an icbm. is the first time that a missile has been fired since september 15th. october was the first month this year that no ballistic missile was fired. this was definitely a significant event, and the fact that it was a icbm, remember, north korea has been working on that reentry vehicle of that longer-range missile, find about 4,000 miles and puts guam and hawaii and other places in its trajectory. this missile, we understand, from japanese officials, landed in the water off of japan's and the economic exclusion zone. that is about 200 plus miles off the coast of japan. we are hearing from u.s. defense officials that it flew for about 50 minutes. that would put it in the icbm category. typically the pentagon is the one to issue statements when it is a intercontinental ballistic missile. if it had been a shorter range missile, we would have expected the statement to come out of the u.s. pacific command in hawaii. >> shepard: the difficult part for the north koreans about icbm is, you can get it up out of the atmosphere, but then reentry, there is an enormous of heat as it comes back into the atmosphere. dealing with that heat without premature explosion or disruption of the missile itself, that is the difficult part. you have any clarity on if the north koreans were able to accomplish that? >> i think we'll have to see. it is unusual that they fired at three in the morning. typically these have been daytime launches, but with every lunch, they are testing a new aspect of the program. what we will have to see from the scientists and from the analysis of the pentagon is whether they have made another step forward, but i think it is slightly unusual for a missile to fly for 50 minutes and then land so close to the water, within the region. typically that missile might have that she would have expected it to have flown further away, but there in the testing phase. the south koreans within 6 minutes of the launch, the south koreans launch their own precision strike to send a message to pyongyang. usually those are shorter range missile strikes with a trajectory that can reach pyongyang to say, hey, you may have just launched, but we can reach you. >> shepard: it could have gone a long way. in the past, they think this missile on an upward trajectory, it could allow to come straight down. the reasons are not clear, if you go into other regions, the world to have a serious problem with it. >> it is true, but mighty close to the shores of japan for it to fall into the economic exclusion zone. that is certainly worrisome, and we saw the statement from the japanese prime minister's office in the middle of the night that suggests this was very close. >> shepard: standby at the pentagon. john roberts at the white house. they are still state sponsors of terrorism accordance president trump for people from china had gone over to try to ratchet or calm down the situation. it appears neither of those tactics worked if you want to stop this kind of test. >> know, and i was told by some experts on north korea, shep, prior to leaving comment that it may be kim jong-un was looking for in off-ramp, and the president seem to agree with that idea, which is the language in south korea and viem were so diplomatic. designated north korea state-sponsored terrorism put up or in the saddle of kim jong-un, which is why you may have seen this launch. the arc of the lunch is what he has done in the past, a parabolic curve instead of a typical intercontinental ballistic trajectory. way up into the sky into space, and it comes back down not far from the launch. if that were to take a traditional trajectory, it could reach as far as the united states depending on how high it goes in the boost in the dissent. we should also point out, shep, the senate budget committee on the other topic today has approved on the partisan basis. the tax reform plan, prompting reaction from sarah huckabee sanders. the press secretary. president trump applauds the committee and taken an important step towards passing historic tax relief reform. sharing competitiveness and fiscal responsibility with tax reform, it is undeniable. this demonstration is encouraged by the progress that has made into achieving these priority spared the present looks forward to providing tax cuts to hardworking americans by the end of the year. the fact that this has passed the budget committee is not guaranteed his passage in the senate. president told ron johnson according to reports, he is one of the holdout senators. take up your differences with your colleagues and get this done. was like senator johnson voted yes as a member of the budget committee on this bill. we'll see where it goes from here, but shep, there will be substantial changes in this tax reform packet before it gets to the floor of the senate for a vote, and that's what they'll be doing over the next couple of days. the white house optimistic that they make a vote on this bill by the end of friday if not saturday. we will get the president when he speaks at the roosevelt room, it may be ongoing now, i got into something new from sarah hungry sanders that it may be happening now or soon. >> shepard: i think it's about to happen. fox news happens to be by chance, it rotates, we are the pool at this moment, and our producer says -- he does work for fox news and works for all of the networks and all of us simultaneously, no indication that that has begun, but surely, the topics, and it is interesting, john, because congressional budget office that puts people on both sides of the aisle i rely to score such matters. when it is for you, you do nothing, is with you, you called the best. they said, the cbo will cut taxes for the wealthy of the. of the time it applies, raise taxes on the working class, tax cuts and corporations permanent. it does not on small businesses, and there's a lot of matters with which the house does not agree in the matter of getting the budget reconciliation, although a bunch of inside jargon, getting this to where it does something to her for the people on your perspective is a long way down the road at least legislatively. >> it is. we look at the congressional budget estimates for the senate tax bill, you're looking at $1.4 trillion added to the deficit over the next ten years. they have a budget cap on the reconciliation of 1.5 trillion, and people like senator ron johnson of wisconsin, senator daines of montana say, there's a lot of corporations with a cut to 20% which is permanent, but not as much for small businesses, and small businesses are the drivers of job creation in this country. the president believes a fight to cutting corporate tech, you get a better boost to the economy. the hospital has small business taxes, the llcs, 25%. the senate bill could actually see that number above 30%. ron johnson and people like daines are saying, you have to have more for small businesses here in order to do that coming you may bust through the senate budget cap of $1.5 trill. this is not a lot of wiggle room. over the course of the next couple of days comest before, but you will see is movement towards small businesses that may not come in the form of an absolute tax cut, but other measures as well. with the cbo estimate what they are, there is not a lot of room here. of course, you have people in high tax states complaining about house elimination of the local and state tax deductions, which may cause many people in the middle class to actually pay more taxes in those states. there is a lot of debate dealmaking yet to be done before this thing sees the light of day in the senate. then if it does pass the senate, it has to be reconciled with the house measure and then has to go back to both the house and the senate for a final vote before it gets to the president's desk. it is likely that the house may side with the senate bill more, because they know they have more problems get it passed in the senate than the house. >> shepard: breaking news from the pentagon now. new information on the north korean missile launch. jennifer griffin. >> we have just confirmed with a senior u.s. defense official this intercontinental ballistic missile fired by north korea flute 2800 miles into space. remember, the u.s. space station is fine at about 250 miles outside of the earth's atmosphere. 2800 miles into space, if lou for 50 minutes, but that is why it came so close to japan, not far from the korean peninsula, because it was fine so long ands atmosphere. 2800 miles. this is only the third intercontinental ballistic missile test that the north koreans had ever carried out. two were carried out in july. that test in september flew over japan, but it was not a icbm. this is certainly a game changing moment in terms of the ballistic missile program of the north koreans. >> shepard: jennifer, thank you. the president discussion in the roosevelt room has been pushed to 3:30, we are not 40 minutes away from that. john roberts, after a day of political gamesmanship with the democrats the president sent out a tweet. i do not see a deal coming. they do not want to make a deal. they took the next political step and said, you do not see a deal, we will meet with congressional republicans and try to work out a deal with them. then sarah sanders with the briefing that should have begun 15 minutes ago and said nope, we are sending out the messenger in chief. it is president trump who if he wants to send the message right, he will send it himself. or with a day is big enough and the topics import enough, and he sees politics at a level where he has to get out in front, that is him. and today he is doing that. he is take a little bit more time today and john comey have to wonder, if you was not going to, and talk about and then this north korea thing popped up. now we know the missile went 2800 miles into the sky, which is an astounding figure. the president has to address this. is he going to go harder, rhetorically speaking with kim jong-un or try to pacify things and let it come down? >> look at a missile test with north korea and wanted to lead fairly close to its homeland. if you were to take that 2800-mile trajectory and put it into a typical intercontinental ballistic missile trajectory, it could go a lot further. potentially hit the middle part or even the east coast of the united states. i'm not exactly sure with the mathis. 2800 miles if memory serves me correctly is higher than the last intercontinental ballistic missile test. there are people that i've talked to believe there are only a couple of development of steps away to hit the u.s. with it warhead. you talk about the high heat, eva talked about the lunches of the space shuttle and the apollo program and the omission from nasa, incredible reentry. if north korea has developed a weapon that could be put on top of a intercontinental ballistic missile they had the reentry vehicle to send it back into the atmosphere, then that means we are in a step that is very close to the go, no-go in a u.s. response will be. for this missile to go high into space as it did, it could put that again into a traditional icbm trajectory. that missile could go an awfully long way, and that may be the reason that we are seeing here for the delay in the president's remarks, he may be coming up with some new statement based on this latest assignment to make assessment by the pentagon. >> shepard: john roberts at the white house jennifer griffin at the pentagon, and mike emanuel. stereos on their merit could be the lead story in half an hour at a given day, but today, we have enormous news. we have this new provocative action by the north koreans showing for the world to see. we are much closer to go, no-go in that position where north korea would indeed be able to send a intercontinental ballistic missile with a nuclear weapon on the tip of it to hit u.s. properties and certainly many of our close allies. in addition, there is a tax plan that gotten approval and the senates, but has a lot to do to go forward. it would be the first compliment legislatively for this president. it is crucial to his agenda is an understatement. out of our discussion in the first 19 minutes of this very busy news hour, the budget. if they do not come up with a budget, the government, in theory, would shut down. the last thing republicans on capitol hill and the president of the united states seem to want. know who to blame if that's where we go? that is is what is about to happen as the present addresses reporters in the nation from the roosevelt room about 10 minutes from now. our coverage continues on an exceedingly busy news a. this is fox news channel. america's choice for news and information ♪ it's red lobster's new ultimate surf & turf event. get ready these 5 pairings are gonna floor ya. like our new feast with lobster-wrapped scallops and a juicy sirloin, plus a savory lobster-and-shrimp smashed potato. and our new lobster and seafood-topped filet? every bite is better than the last. the classic is here too. come indulge in surf & turf like you've never had it before it's too late. and weekdays, create your own seafood lover's lunch for just $9.99. >> shepard: less than 7 minutes now before the scheduled remarks from the president of the united states. just about an hour ago, the plan was for a normal day for sarah huckabee sanders to come to the microphone and delivered the regular press briefing, and then a political firestorm started to build in washington. the president with a tweet, nancy pelosi and chuck schumer, will not meet with you, and the president decides he will speak to reporters from the roosevelt room and then we learned north koreans have lost a intercontinental ballistic missile that went 2800 miles in the sky before crashing into a zone around japan, and we find out how the president will react to the budget dealings, tax plans and to north koreans. we should learn that in just about 5.5 minutes. nancy pelosi and the senate minority leader, chuck schumer, is a mention pulled out of the oval office meeting set to take place in the last 20 minutes they called it a waste of time after president trump tweeted this. meeting with "chuck and nancy" today about keeping government open and working. problem is they want illegal immigrants flooding into our country unchecked. they are weak on crime and won't substantially raise taxes. i don't see adil! he needs some dates and nothing about raising taxes. not a word has been mentioned about that, they want to come up with an agreement. the least politically come another matter. here's how senator schumer responded. listen. >> the president said, i do not see adil three hours before our meeting before you heard anything we had to say. given that the president does not see adil between democrats democrats and the white house, leader nancy pelosi and i believe the next best forward is to continue negotiating with a republican counterparts in congress instead. >> shepard: there trying to get a leg up on each other. that will not have it, because alyssa what senator ryan said, we have important work to do and there's a meeting and if depressed want to reach an agreement on these issues, they will be there. republicans need democrats to pass the spending bill. they cannot do without the democrats in this instance. you can do this if moving forward as a measure is why 60 votes for the units in it, that's a rule. republicans only have 52 seats compared even if they get all the republicans and they are not close, and some democrats say they will not support a spending plan that does not protect the dreamers, thousands of immigrants that brought them to united states without documents. the president ended the program that gave them temporary legal status and he gave congress until the month of march to come up with a permanent fix. some g.o.p. lawmakers say, they do not want to include the dreamers and a spending bill that they have to pass next week by their own rules. john roberts, who is very busy and live on the north long. john? >> shepard: shep, the president fired that primitive tweet chuck schumer said the president should stop tweeting and start the meeting. clearly, he is tweaking the democrats. a number of months ago, the president coming out and saying, i have a deal with them in terms of what to do about the dreamers and budget resolution, continuing resolution, but now it is short strokes in terms of that resolution going to run out very soon and they have to get a budget deal going. the democrats clearly are not going to be cooperating. mitch mcconnell, senate majority leader said this afternoon he is that she is never gone to a meeting thate president called and does not understand. there's a lot of authority issues to work out. you have to have a budget paired the president wants to do something about the dreamers. he wants his measures on immigration, and he is getting a lot of resistance on the issue of the wall. we will see with this meeting this afternoon goes, but if you're talking to the republicans about this, you will not get to the influence you need, and it is clear that both sides had their heels dug in on a couple of issues. by the way, a little rough calculation on the north korean intercontinental ballistic missile, it was one that was fired back in may of this year that went 1320 miles through the atmosphere into lower parts of outer space. this one went 2800 miles. that could have reached part of the continental united states. this new missile going more than twice that far, shep, that puts it that in the center of the heartland, which is of the urgency here for the white house and pentagon, national scaredy counsel, i think it will dramatically affect what we hear from the president and the next few minutes. >> shepard: that is the reason for the delay i assume. john roberts, thank you very much. really given the president meantime, andrew taylor is with us, reporter for the associated press. he's been covering the lunch with g.o.p. senators today. what we know? >> for starters we know eggs are going pretty well for president trump on this tax bill. he made progress during the lunch with a key moderate susan collins. things seem to be going better with bob corker for instance, susan collins told reporters after lunch, she had asked to get these cost sharing payments done, because if you get rid of the individual mandate the health insurance market, she's gone and okay on that. trixie said they have a promise that this will be signed into law before she has to cast a final bill on taxes. she is sounding very much like she wants to vote yes. senator corker just voted yes on the budget committee, he still says he is getting progress on this mechanism that would be a fail-safe less the revenues do not come in. that was good news on the tax front. on the budget front, things have blown up. things are up in the air. sort of in a bad phase right now, and we will see if we can put humpty dumpty back together again. >> shepard: to put humpty dumpty back together again, that is the hard part two user analysis. >> what they need to do is get an overall agreement domestic programs and once you do that, you can set a bigger negotiation such as the dreamers in a variety of other issues that are still even trickier to figure out. >> shepard: once you start putting things together with the other side of the hill, there are two major differences in the two plans. one, you do not say, okay, we can resolve. it is much more complicated, is it not? >> if you are talking about taxes, there are some key differences as far as taking care of state and local deductions. on the spending front, this whole dreamer issue and as well as the u.s.-mexico border wall, they can only be solved by trump and the democrats. spoon from the associated press , andrew taylor, thank you. really for the president to begin the indication he just taken a few more minutes. he has not begun speaking yet in the roosevelt room. when we expect in a moment he will come and remember how this works. the president speaks. he finishes speaking. then the white house pool plays the tape back for us. so we can all hear it. along the way, we'll find out in real-time what he is saying about the budget, about taxes, and specifically not with the brand-new and breaking news on north korea. it is an exceedingly busy afternoon for the news after this [ click ] [ keyboard clacking ] [ clacking continues ] good questions lead to good answers. our advisors can help you find both. talk to one today and see why we're bullish on the future. yours. talk to one today and see why we're bullish on the future. having moderate to seis not always easy.is it's a long distance run and you have the determination to keep going. humira has a proven track record of being prescribed for nearly ten years. it's the number one prescribed biologic by dermatologists. more than 250,000 patients have chosen humira to fight their psoriasis. and they're not backing down. for most patients clearer skin is the proof. humira can lower your ability to fight infections including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma have happened, as have blood, liver and nervous system problems. serious allergic reactions and new or worsening heart failure. before treatment get tested for tb. tell your 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disposition. john roberts at the white house, where we are expecting new information from him on political reactions from the north koreans. you heard him report minutes ago that this missile and theory could have reached the heartland of america. more is next you always pay your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™ liberty mutual insurance. >> shepard: still waiting for the president to speak in the roosevelt room. looking to see if he has become, and clear that he has not yet. it has been delayed for better part of a half hour or so. as we wait to see what the president will say on north korea. in the meantime, there's a lot to be said about the tax bill that is winding its way and a bumpy route through taxes. mike emanuel is live on capitol hill. what are you hearing from you g.o.p. leaders at the stage, mike? >> before, they do not have the votes, they need 50 republican senators to say yes to tax reform. there working to get there. senate majority leader, mitch mcconnell said, they are trying adjust the concerns, to make sure they have 60 members. one bright spot is the budget committee hearing, some members who are maybe not on tax reform voted yes to advance the bill. their ron johnson, who had about whether operations would be rewarded more than small businesses in terms of attacks or for package. well said bob corker, who has had his run-ins with president trump. he had concerns about the debt, and trying to address those concerns. >> shepard: mike emanuel on the hill, thank you for new information. jennifer griffin is live at the pentagon with more on the north korean missile launch. calculation by john roberts from the white house that it appears given the information we received, dismissal could theoretically hit the heartland of america. that is an eye-opener. >> in fact, shepard, speaking to ballistic missile experts, and they say based on the 50 minute flying time, 2800 miles into space, that puts every city in the united states including the east coast and the trajectory of this potential north korean intercontinental ballistic missile. this puts the entire mainland of the united states within range of north korea's listed missile program. that is a dramatic change from the past. in perspective of how high 2800 miles is, that is more than ten times higher than where the international space station orbits around the earth. this missile flew quite some time and quite high into the atmosphere. as he said in the past, they are trying to perfect the reentry aspect of the icbm program. we still do not know the position of the missile when it landed in the waters off of japan, but the reentry is going to be the key for them taking the next step forward. i think it is notable that earlier today, the south korean unification minister warns that north korea nuclear program is advancing more quickly than many had thought. he said, experts think north korea will take 2-3 more years but they are developing nuclear capabilities faster than expected, and we cannot rule out the possibility that pyongyang may have the completion of their nuclear program within a year. that is a strong statement from south korea earlier today. the south koreans within 6 minutes of this north korean launch fired their own missiles to send a message to pyongyang, shep. >> shepard: thank you very much, jennifer. michael hanlon, live with us. a lot of developments with north korea. interesting to hear observation. >> hoa, shepard. everything being reported is concerning. it is worth remembering a few things to put this whole thing into context. first of all, if we are in a war with north korea, we are not going to watch them fuel up eight icbm on the launchpad and wonder what may happen to accurately strike a u.s. city. we will try to destroy it before it is even launch. now at best, i think u.s. intelligence understands, north korean long-range missiles are liquid fuels. they have to be located at a launch site and prepare for lunch over a period of an hour during which time we would be watching. at least at war time. generally in peacetime as well. that is not a blanket guarantee that we would preemptively come up but that's an option. we do have systems in alaska and california and reliability, but interceptors and if north korea has a couple of icbm's, we can shoot the thing done there as well. north korea knows this is suicidal if it is the case they succeed. americans should not go home today more anxious about the likelihood of a shot from the blue. you and i are aware this is a dynamic crisis in which the united states is now going to have to think about responding. north korea knew to that. we wonder what their game is. it might be trying to complete this missile program before china really cracks down on economic sanctions or they are trying to keep the pressure on china to say, you do know what command do not squeeze us so hard, because we are half crazy and if you squeeze us too hard, we can do things you do not like in response. try to play the game of perfecting their missile capability but also keeping beijing on edge, tighter and tougher than sanctions get doesn't necessarily make north korea cry uncle. these are the various messages on today's launch. >> shepard: the white house pool, the camera people have just been brought into the roosevelt room. soon the president will start speaking. if you are advising the president today, michael, and what sort of rhetorical flourishes that are appropriate to what you tell them? >> secretary mattis has been very good, firm and calm. reminding north korea what they hopefully already know, if they shot one of these out as it be the end of their regime. in policy terms, while we try to get china with more economic pressure on north korea, we need a more realistic strategy. north korea is likely to give up its bomb tomorrow. not enough pressure on for that to happen. we need a freeze, it's a very tough freeze, but nonetheless, one that expires to the denuclearization in the long term, not in the first negotiation. otherwise, and north korea will do enough to keep president trump off their backs, so to speak, and more pressure north korea or this thing will keep going and north korea will keep developing its nukes and missiles. >> shepard: thank you very much, michael o'hanlon. nice to talk to you. the president again, white house pool has been ball in for the president's remarks to the nation to reporters we needed to get in a quick commercial break so we do not miss anything. two interrupted right after thi this. 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how much money lisa saved by switching to geico. wow! performance of the night. fifteen minutes could save you fifteen percent or more. the 1 the president has begun speaking to reporters at the white house. right after he is finished speaking, the white house pool will play that video out for us, and we will send it on to you and for that matter, local fox stations across the nation will join us. i have a readout from the producer as i mentioned earlier, the pool on this particular day is handled by fox news channel for all of the white house -- for although it has pool members come all the networks, cnn, he is spoken so far to the pool producers sarah gomez. first he mentioned north korea and the underlining message seems to be, we will take care of it, and as a call from the president. a situation we will handle. came up a few minutes later according to the readout from the pool producer in light of that missiles launch, the democratic leader will be here fairly quickly. he said on nancy pelosi and schumer, nancy pelosi and chuck schumer the house and senate decided not to show up to a meeting today after the president tweeted, he did not think there would be any kind of deal. they said, okay, if you don't think they'll be no deal, will continue to meet with congressional counterparts. he said on those two leaders, the president said i am not surprised he did not showed up. the weak on crime, week on the border, and went on to say regarding the tax bill, we will get it passed massive tax cuts, lots of good things will happen. those are the notes, the cliff notes if you will and what the president is having to say, and he should finish up at some point. we will play the tape for you. alive look at the white house as we wait to hear from them on this very busy day. let's bring in a size instead, for politico was a headline for you, alex? >> tax reform in north korea, but tax reform, it appears that republicans are making strides to present me legislatively. >> shepard: the message, there has been a take for tat today. it began at least with a presidential tweet. take us through it. >> it began with the president going after chuck and nancy. the democratic congressional leader, they went to those democratic leaders bowing out of a meeting with the president, and now it has gone forward to this news conference, where the president continues to go after them. the president is always looking to to the opposing party as he pushes forward with this major piece of legislation. >> shepard: the next move in this tit for tat. how do you see us. if you look forward, not too far it, but if you look forward to the next 24 hours, where does it go? >> it is unclear, because the president said, he is not looking necessary for democratic support on recent packages. try to pass this bill with just public support, it is hard to see where things go, but look. it is interesting pattern, because a few months ago, it look like the president was getting along a little bit with these democratic leaders with the anchors of mitch mcconnell and others. it looks like things have changed the opposite direction. it's the presidency of donald trump. >> shepard: alex isenstadt from politico. no further updates from the white house pool, so expect to get another update shortly, and in just a few minutes, we expect a player back from the president's comments on this busy busy news day. one more quick break it will have it ready for you ears that money would last them. how long do you think we'll keep -- oooooohhh! you stopped! you're gonna leave me back here at year 9? how did this happen? it turned out, a lot of people fell short, of even the average length of retirement. we have to think about not when we expect to live to, but when we could live to. let's plan for income that lasts all our years in retirement. prudential. bring your challenges. we are the driven... the dedicated... the overachievers. we know our best investment is in ourselves. we don't take no for an answer. we fight for what we want. even for the things that were once a given. going to college... buying a home... and not being in debt for it for the rest of our lives. but we're only as strong as our community. who inspires and pushes us to go further than we could ever go alone. sofi. get there sooner. >> shepard: in 6 minutes before the hour. we have another readout from inside the roosevelt room. the president to my knowledge is still speaking, but he is not the only one speaking. there's around this table are speaking as well. speaker ryan speaking as speakers or want to do. it is regrettable that that democratic colleagues did not want to participate especially to help out our military. leader mcconnell said, we cannot negotiate without person to person who bill in the room to see how it works. the president spoke, we are far apart. we want military dues and funded now. way far away, secretary mattis spoke as well saying on the north korean icbm launch, it was higher than anything before, can threaten anywhere in the world. that from secretary mattis. the bottom line, continuing effort to build icbm threatens the world and the united states. donald trump, the president, today taking questions from reporters. that is something we have not expected. we did not know whether to expect it or not. it was advertised to us as a statement. normally when it is a statement, the president does not take questions. the pool is ushered in and out, but sometime you want to take questions as the president, you take questions. that is what he's doing right now. we expect the pool and will play that out in just a few minutes. lots of topics on the agenda today and the president touching on a number of those. and very much a political back and forth now as the white house try to take over the narrative for the day. remember, the tweets began and then pelosi and schumer took back, and now on this day so much is happening, it has become very much politics. while we wait -- what was that? i'm going to let you know the president stops speaking, there is a process and we will all want to hear it. they will take that through a playback position. they'll play it out to you as we get a command all networks will have axes at the same time. it appears that as a couple of minutes away. as we have that going on, there is a 210 gauge streak leading an nfl team. eli manning of the new york football giants finds a team two-9 on the season, and in a way, instead of starting this sunday as he had for 210 consecutive games, eli manning will be on the bench. gino spoke with mr. quarterback of the football giants along with the rookie named davis webb eli says, i will be ready to play when i'm needed, and i'll help them prepare the very best i can. changing times in the nfl my man, eli manning on the bench. you are a giants hero >> new york, you're looking at the president speaking and a brief tape delay on matters of extreme importance for the nation today. texas, budget, a new situation with north korea, which launched their intercontinental ballistic missile. let us listen to the president. >> president trump: a lot of other things, but the military is always number one. we will not be here without a powerful military. we are building it up stronger, bigger, bolder than ever before. general medicine can testify to that the other thing, they want tax increases, and major tax decreases. they decided not to show up. they have been all talk and no action. it is even worse, not even talk. they're not showing up for the meeting. i will say this. in light of the missile launch, they will be here fairly quickly release the session will start taking place fairly quickly. i think we're in a very good position over at the capital with the republican senators. we have tremendous support. i was just informed that they had a unanimous vote from the republican side at least.

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to-do list before the end of the year. and time is running short. >> shepard: we will see how the president response to that. he is also working on getting support or a tax cut bill with a visit to capitol hill today. some lawmakers are not yet sold, and the polls show the american people are very much against it. we will explain why on both fronts. let's get to it. >> breaking news with "shepard smith reporting" live from the fox news desk. >> shepard: out of nowhere, alive look at the white house where the president is about to speak in a minute now. this was not scheduled. it was not on the agenda, we are expecting to have a white house press briefing from sarah sanders as is often the case around this time in the afternoon. abruptly a short time ago, this was canceled instead, the president himself will speak on an extremely busy and consequential newsday. we are waiting for a reaction to north korea watching yet another ballistic missile. another challenge what is already a make or break day for the president's agenda. president trump is trying to cut deals on two separate fronts. first, fellow republicans on the tax plan. then with democrats on a budget deal. those talks had a major setback over a presidential tweet. let's begin today with the breaking news out of north korea. u.s. official confirms to fox news that the north koreans had testfired another missile. the first and more than two months. we will have the president when he speaks in a minute. here's what we know but how that will work. he will speak live to reporters in the roosevelt room. the white house said, this will not be a live event. the white house will shoot the event, video this event, and then moments later, it will play out to all the television networks, so we can play it uninterrupted to you, and we are expecting a moment from now. one of the wrinkle. the white house pool is in the room as i mentioned, and will have real-time readouts. i have updates as they come in. north korea, let's get to john roberts, is live on the north lawn. what do we know about this? >> this is one of the things the president will be addressing in the roosevelt room. we are told they are holding in the upper press conference now, literally across the hall from the roosevelt room. i will also point out, typically when we have presidential statements in the roosevelt roo room, we do live online, so you can bring it to you live, but i would suspect, the meeting with the congressional leadership will not take place and it is only the republican leadership in the roosevelt room, which means that the big table and there. there's probably no room for the chemist to set up. they'll do some quick remarks, although some of them can last as long as 35 minutes. i have been in those situations in the oval office. i'm sure the president is going to talk about north korea and tax reform. i am sure he'll talk about the democrats. we get to the other two issues. i north korea, let us remember during the recent trip to asia,s language, holding out and all of branch or an opening to kim jong-un and said, listen, if you make moves, we will offer you a better welcome into the league of nations, at the old league of nations, but into the world community if you give up your nuclear program. they convince positioning of china. it looks like it was not met with much success because of them a little tense. the president did however last week in the early part of the week put north korea back on the list of state sponsors of terrorism, which is very harsh diplomatic move and you probably seen as north korea's part of the publication for this latest missile launch. back to the tit for tat where president trump says one thing and kim jong-un do something other. he will ratchet up the language when he speaks in the roosevelt room in a short time. i doubt we'll hear the same to poetic tone when he was on that asia trip. there is no time at this point whether or not to something in his back pocket to fire back and north korea or up the rhetoric. shep? >> shepard: john, thank you very much. we just got breaking news on this missile. let's get to jennifer griffin live at the pentagon. what have you learned, jennifer? >> a senior pentagon official told me they can confirm this was an icbm. intercontinental ballistic missile fired by north korea. this is the first confirmation we have had from any u.s. official or from the south koreans themselves or their examining the trajectory, we understand it was an icbm. is the first time that a missile has been fired since september 15th. october was the first month this year that no ballistic missile was fired. this was definitely a significant event, and the fact that it was a icbm, remember, north korea has been working on that reentry vehicle of that longer-range missile, find about 4,000 miles and puts guam and hawaii and other places in its trajectory. this missile, we understand, from japanese officials, landed in the water off of japan's and the economic exclusion zone. that is about 200 plus miles off the coast of japan. we are hearing from u.s. defense officials that it flew for about 50 minutes. that would put it in the icbm category. typically the pentagon is the one to issue statements when it is a intercontinental ballistic missile. if it had been a shorter range missile, we would have expected the statement to come out of the u.s. pacific command in hawaii. >> shepard: the difficult part for the north koreans about icbm is, you can get it up out of the atmosphere, but then reentry, there is an enormous of heat as it comes back into the atmosphere. dealing with that heat without premature explosion or disruption of the missile itself, that is the difficult part. you have any clarity on if the north koreans were able to accomplish that? >> i think we'll have to see. it is unusual that they fired at three in the morning. typically these have been daytime launches, but with every lunch, they are testing a new aspect of the program. what we will have to see from the scientists and from the analysis of the pentagon is whether they have made another step forward, but i think it is slightly unusual for a missile to fly for 50 minutes and then land so close to the water, within the region. typically that missile might have that she would have expected it to have flown further away, but there in the testing phase. the south koreans within 6 minutes of the launch, the south koreans launch their own precision strike to send a message to pyongyang. usually those are shorter range missile strikes with a trajectory that can reach pyongyang to say, hey, you may have just launched, but we can reach you. >> shepard: it could have gone a long way. in the past, they think this missile on an upward trajectory, it could allow to come straight down. the reasons are not clear, if you go into other regions, the world to have a serious problem with it. >> it is true, but mighty close to the shores of japan for it to fall into the economic exclusion zone. that is certainly worrisome, and we saw the statement from the japanese prime minister's office in the middle of the night that suggests this was very close. >> shepard: standby at the pentagon. john roberts at the white house. they are still state sponsors of terrorism accordance president trump for people from china had gone over to try to ratchet or calm down the situation. it appears neither of those tactics worked if you want to stop this kind of test. >> know, and i was told by some experts on north korea, shep, prior to leaving comment that it may be kim jong-un was looking for in off-ramp, and the president seem to agree with that idea, which is the language in south korea and viem were so diplomatic. designated north korea state-sponsored terrorism put up or in the saddle of kim jong-un, which is why you may have seen this launch. the arc of the lunch is what he has done in the past, a parabolic curve instead of a typical intercontinental ballistic trajectory. way up into the sky into space, and it comes back down not far from the launch. if that were to take a traditional trajectory, it could reach as far as the united states depending on how high it goes in the boost in the dissent. we should also point out, shep, the senate budget committee on the other topic today has approved on the partisan basis. the tax reform plan, prompting reaction from sarah huckabee sanders. the press secretary. president trump applauds the committee and taken an important step towards passing historic tax relief reform. sharing competitiveness and fiscal responsibility with tax reform, it is undeniable. this demonstration is encouraged by the progress that has made into achieving these priority spared the present looks forward to providing tax cuts to hardworking americans by the end of the year. the fact that this has passed the budget committee is not guaranteed his passage in the senate. president told ron johnson according to reports, he is one of the holdout senators. take up your differences with your colleagues and get this done. was like senator johnson voted yes as a member of the budget committee on this bill. we'll see where it goes from here, but shep, there will be substantial changes in this tax reform packet before it gets to the floor of the senate for a vote, and that's what they'll be doing over the next couple of days. the white house optimistic that they make a vote on this bill by the end of friday if not saturday. we will get the president when he speaks at the roosevelt room, it may be ongoing now, i got into something new from sarah hungry sanders that it may be happening now or soon. >> shepard: i think it's about to happen. fox news happens to be by chance, it rotates, we are the pool at this moment, and our producer says -- he does work for fox news and works for all of the networks and all of us simultaneously, no indication that that has begun, but surely, the topics, and it is interesting, john, because congressional budget office that puts people on both sides of the aisle i rely to score such matters. when it is for you, you do nothing, is with you, you called the best. they said, the cbo will cut taxes for the wealthy of the. of the time it applies, raise taxes on the working class, tax cuts and corporations permanent. it does not on small businesses, and there's a lot of matters with which the house does not agree in the matter of getting the budget reconciliation, although a bunch of inside jargon, getting this to where it does something to her for the people on your perspective is a long way down the road at least legislatively. >> it is. we look at the congressional budget estimates for the senate tax bill, you're looking at $1.4 trillion added to the deficit over the next ten years. they have a budget cap on the reconciliation of 1.5 trillion, and people like senator ron johnson of wisconsin, senator daines of montana say, there's a lot of corporations with a cut to 20% which is permanent, but not as much for small businesses, and small businesses are the drivers of job creation in this country. the president believes a fight to cutting corporate tech, you get a better boost to the economy. the hospital has small business taxes, the llcs, 25%. the senate bill could actually see that number above 30%. ron johnson and people like daines are saying, you have to have more for small businesses here in order to do that coming you may bust through the senate budget cap of $1.5 trill. this is not a lot of wiggle room. over the course of the next couple of days comest before, but you will see is movement towards small businesses that may not come in the form of an absolute tax cut, but other measures as well. with the cbo estimate what they are, there is not a lot of room here. of course, you have people in high tax states complaining about house elimination of the local and state tax deductions, which may cause many people in the middle class to actually pay more taxes in those states. there is a lot of debate dealmaking yet to be done before this thing sees the light of day in the senate. then if it does pass the senate, it has to be reconciled with the house measure and then has to go back to both the house and the senate for a final vote before it gets to the president's desk. it is likely that the house may side with the senate bill more, because they know they have more problems get it passed in the senate than the house. >> shepard: breaking news from the pentagon now. new information on the north korean missile launch. jennifer griffin. >> we have just confirmed with a senior u.s. defense official this intercontinental ballistic missile fired by north korea flute 2800 miles into space. remember, the u.s. space station is fine at about 250 miles outside of the earth's atmosphere. 2800 miles into space, if lou for 50 minutes, but that is why it came so close to japan, not far from the korean peninsula, because it was fine so long ands atmosphere. 2800 miles. this is only the third intercontinental ballistic missile test that the north koreans had ever carried out. two were carried out in july. that test in september flew over japan, but it was not a icbm. this is certainly a game changing moment in terms of the ballistic missile program of the north koreans. >> shepard: jennifer, thank you. the president discussion in the roosevelt room has been pushed to 3:30, we are not 40 minutes away from that. john roberts, after a day of political gamesmanship with the democrats the president sent out a tweet. i do not see a deal coming. they do not want to make a deal. they took the next political step and said, you do not see a deal, we will meet with congressional republicans and try to work out a deal with them. then sarah sanders with the briefing that should have begun 15 minutes ago and said nope, we are sending out the messenger in chief. it is president trump who if he wants to send the message right, he will send it himself. or with a day is big enough and the topics import enough, and he sees politics at a level where he has to get out in front, that is him. and today he is doing that. he is take a little bit more time today and john comey have to wonder, if you was not going to, and talk about and then this north korea thing popped up. now we know the missile went 2800 miles into the sky, which is an astounding figure. the president has to address this. is he going to go harder, rhetorically speaking with kim jong-un or try to pacify things and let it come down? >> look at a missile test with north korea and wanted to lead fairly close to its homeland. if you were to take that 2800-mile trajectory and put it into a typical intercontinental ballistic missile trajectory, it could go a lot further. potentially hit the middle part or even the east coast of the united states. i'm not exactly sure with the mathis. 2800 miles if memory serves me correctly is higher than the last intercontinental ballistic missile test. there are people that i've talked to believe there are only a couple of development of steps away to hit the u.s. with it warhead. you talk about the high heat, eva talked about the lunches of the space shuttle and the apollo program and the omission from nasa, incredible reentry. if north korea has developed a weapon that could be put on top of a intercontinental ballistic missile they had the reentry vehicle to send it back into the atmosphere, then that means we are in a step that is very close to the go, no-go in a u.s. response will be. for this missile to go high into space as it did, it could put that again into a traditional icbm trajectory. that missile could go an awfully long way, and that may be the reason that we are seeing here for the delay in the president's remarks, he may be coming up with some new statement based on this latest assignment to make assessment by the pentagon. >> shepard: john roberts at the white house jennifer griffin at the pentagon, and mike emanuel. stereos on their merit could be the lead story in half an hour at a given day, but today, we have enormous news. we have this new provocative action by the north koreans showing for the world to see. we are much closer to go, no-go in that position where north korea would indeed be able to send a intercontinental ballistic missile with a nuclear weapon on the tip of it to hit u.s. properties and certainly many of our close allies. in addition, there is a tax plan that gotten approval and the senates, but has a lot to do to go forward. it would be the first compliment legislatively for this president. it is crucial to his agenda is an understatement. out of our discussion in the first 19 minutes of this very busy news hour, the budget. if they do not come up with a budget, the government, in theory, would shut down. the last thing republicans on capitol hill and the president of the united states seem to want. know who to blame if that's where we go? that is is what is about to happen as the present addresses reporters in the nation from the roosevelt room about 10 minutes from now. our coverage continues on an exceedingly busy news a. this is fox news channel. america's choice for news and information ♪ it's red lobster's new ultimate surf & turf event. get ready these 5 pairings are gonna floor ya. like our new feast with lobster-wrapped scallops and a juicy sirloin, plus a savory lobster-and-shrimp smashed potato. and our new lobster and seafood-topped filet? every bite is better than the last. the classic is here too. come indulge in surf & turf like you've never had it before it's too late. and weekdays, create your own seafood lover's lunch for just $9.99. >> shepard: less than 7 minutes now before the scheduled remarks from the president of the united states. just about an hour ago, the plan was for a normal day for sarah huckabee sanders to come to the microphone and delivered the regular press briefing, and then a political firestorm started to build in washington. the president with a tweet, nancy pelosi and chuck schumer, will not meet with you, and the president decides he will speak to reporters from the roosevelt room and then we learned north koreans have lost a intercontinental ballistic missile that went 2800 miles in the sky before crashing into a zone around japan, and we find out how the president will react to the budget dealings, tax plans and to north koreans. we should learn that in just about 5.5 minutes. nancy pelosi and the senate minority leader, chuck schumer, is a mention pulled out of the oval office meeting set to take place in the last 20 minutes they called it a waste of time after president trump tweeted this. meeting with "chuck and nancy" today about keeping government open and working. problem is they want illegal immigrants flooding into our country unchecked. they are weak on crime and won't substantially raise taxes. i don't see adil! he needs some dates and nothing about raising taxes. not a word has been mentioned about that, they want to come up with an agreement. the least politically come another matter. here's how senator schumer responded. listen. >> the president said, i do not see adil three hours before our meeting before you heard anything we had to say. given that the president does not see adil between democrats democrats and the white house, leader nancy pelosi and i believe the next best forward is to continue negotiating with a republican counterparts in congress instead. >> shepard: there trying to get a leg up on each other. that will not have it, because alyssa what senator ryan said, we have important work to do and there's a meeting and if depressed want to reach an agreement on these issues, they will be there. republicans need democrats to pass the spending bill. they cannot do without the democrats in this instance. you can do this if moving forward as a measure is why 60 votes for the units in it, that's a rule. republicans only have 52 seats compared even if they get all the republicans and they are not close, and some democrats say they will not support a spending plan that does not protect the dreamers, thousands of immigrants that brought them to united states without documents. the president ended the program that gave them temporary legal status and he gave congress until the month of march to come up with a permanent fix. some g.o.p. lawmakers say, they do not want to include the dreamers and a spending bill that they have to pass next week by their own rules. john roberts, who is very busy and live on the north long. john? >> shepard: shep, the president fired that primitive tweet chuck schumer said the president should stop tweeting and start the meeting. clearly, he is tweaking the democrats. a number of months ago, the president coming out and saying, i have a deal with them in terms of what to do about the dreamers and budget resolution, continuing resolution, but now it is short strokes in terms of that resolution going to run out very soon and they have to get a budget deal going. the democrats clearly are not going to be cooperating. mitch mcconnell, senate majority leader said this afternoon he is that she is never gone to a meeting thate president called and does not understand. there's a lot of authority issues to work out. you have to have a budget paired the president wants to do something about the dreamers. he wants his measures on immigration, and he is getting a lot of resistance on the issue of the wall. we will see with this meeting this afternoon goes, but if you're talking to the republicans about this, you will not get to the influence you need, and it is clear that both sides had their heels dug in on a couple of issues. by the way, a little rough calculation on the north korean intercontinental ballistic missile, it was one that was fired back in may of this year that went 1320 miles through the atmosphere into lower parts of outer space. this one went 2800 miles. that could have reached part of the continental united states. this new missile going more than twice that far, shep, that puts it that in the center of the heartland, which is of the urgency here for the white house and pentagon, national scaredy counsel, i think it will dramatically affect what we hear from the president and the next few minutes. >> shepard: that is the reason for the delay i assume. john roberts, thank you very much. really given the president meantime, andrew taylor is with us, reporter for the associated press. he's been covering the lunch with g.o.p. senators today. what we know? >> for starters we know eggs are going pretty well for president trump on this tax bill. he made progress during the lunch with a key moderate susan collins. things seem to be going better with bob corker for instance, susan collins told reporters after lunch, she had asked to get these cost sharing payments done, because if you get rid of the individual mandate the health insurance market, she's gone and okay on that. trixie said they have a promise that this will be signed into law before she has to cast a final bill on taxes. she is sounding very much like she wants to vote yes. senator corker just voted yes on the budget committee, he still says he is getting progress on this mechanism that would be a fail-safe less the revenues do not come in. that was good news on the tax front. on the budget front, things have blown up. things are up in the air. sort of in a bad phase right now, and we will see if we can put humpty dumpty back together again. >> shepard: to put humpty dumpty back together again, that is the hard part two user analysis. >> what they need to do is get an overall agreement domestic programs and once you do that, you can set a bigger negotiation such as the dreamers in a variety of other issues that are still even trickier to figure out. >> shepard: once you start putting things together with the other side of the hill, there are two major differences in the two plans. one, you do not say, okay, we can resolve. it is much more complicated, is it not? >> if you are talking about taxes, there are some key differences as far as taking care of state and local deductions. on the spending front, this whole dreamer issue and as well as the u.s.-mexico border wall, they can only be solved by trump and the democrats. spoon from the associated press , andrew taylor, thank you. really for the president to begin the indication he just taken a few more minutes. he has not begun speaking yet in the roosevelt room. when we expect in a moment he will come and remember how this works. the president speaks. he finishes speaking. then the white house pool plays the tape back for us. so we can all hear it. along the way, we'll find out in real-time what he is saying about the budget, about taxes, and specifically not with the brand-new and breaking news on north korea. it is an exceedingly busy afternoon for the news after this [ click ] [ keyboard clacking ] [ clacking continues ] good questions lead to good answers. our advisors can help you find both. talk to one today and see why we're bullish on the future. yours. talk to one today and see why we're bullish on the future. having moderate to seis not always easy.is it's a long distance run and you have the determination to keep going. humira has a proven track record of being prescribed for nearly ten years. it's the number one prescribed biologic by dermatologists. more than 250,000 patients have chosen humira to fight their psoriasis. and they're not backing down. for most patients clearer skin is the proof. humira can lower your ability to fight infections including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma have happened, as have blood, liver and nervous system problems. serious allergic reactions and new or worsening heart failure. before treatment get tested for tb. tell your 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disposition. john roberts at the white house, where we are expecting new information from him on political reactions from the north koreans. you heard him report minutes ago that this missile and theory could have reached the heartland of america. more is next you always pay your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™ liberty mutual insurance. >> shepard: still waiting for the president to speak in the roosevelt room. looking to see if he has become, and clear that he has not yet. it has been delayed for better part of a half hour or so. as we wait to see what the president will say on north korea. in the meantime, there's a lot to be said about the tax bill that is winding its way and a bumpy route through taxes. mike emanuel is live on capitol hill. what are you hearing from you g.o.p. leaders at the stage, mike? >> before, they do not have the votes, they need 50 republican senators to say yes to tax reform. there working to get there. senate majority leader, mitch mcconnell said, they are trying adjust the concerns, to make sure they have 60 members. one bright spot is the budget committee hearing, some members who are maybe not on tax reform voted yes to advance the bill. their ron johnson, who had about whether operations would be rewarded more than small businesses in terms of attacks or for package. well said bob corker, who has had his run-ins with president trump. he had concerns about the debt, and trying to address those concerns. >> shepard: mike emanuel on the hill, thank you for new information. jennifer griffin is live at the pentagon with more on the north korean missile launch. calculation by john roberts from the white house that it appears given the information we received, dismissal could theoretically hit the heartland of america. that is an eye-opener. >> in fact, shepard, speaking to ballistic missile experts, and they say based on the 50 minute flying time, 2800 miles into space, that puts every city in the united states including the east coast and the trajectory of this potential north korean intercontinental ballistic missile. this puts the entire mainland of the united states within range of north korea's listed missile program. that is a dramatic change from the past. in perspective of how high 2800 miles is, that is more than ten times higher than where the international space station orbits around the earth. this missile flew quite some time and quite high into the atmosphere. as he said in the past, they are trying to perfect the reentry aspect of the icbm program. we still do not know the position of the missile when it landed in the waters off of japan, but the reentry is going to be the key for them taking the next step forward. i think it is notable that earlier today, the south korean unification minister warns that north korea nuclear program is advancing more quickly than many had thought. he said, experts think north korea will take 2-3 more years but they are developing nuclear capabilities faster than expected, and we cannot rule out the possibility that pyongyang may have the completion of their nuclear program within a year. that is a strong statement from south korea earlier today. the south koreans within 6 minutes of this north korean launch fired their own missiles to send a message to pyongyang, shep. >> shepard: thank you very much, jennifer. michael hanlon, live with us. a lot of developments with north korea. interesting to hear observation. >> hoa, shepard. everything being reported is concerning. it is worth remembering a few things to put this whole thing into context. first of all, if we are in a war with north korea, we are not going to watch them fuel up eight icbm on the launchpad and wonder what may happen to accurately strike a u.s. city. we will try to destroy it before it is even launch. now at best, i think u.s. intelligence understands, north korean long-range missiles are liquid fuels. they have to be located at a launch site and prepare for lunch over a period of an hour during which time we would be watching. at least at war time. generally in peacetime as well. that is not a blanket guarantee that we would preemptively come up but that's an option. we do have systems in alaska and california and reliability, but interceptors and if north korea has a couple of icbm's, we can shoot the thing done there as well. north korea knows this is suicidal if it is the case they succeed. americans should not go home today more anxious about the likelihood of a shot from the blue. you and i are aware this is a dynamic crisis in which the united states is now going to have to think about responding. north korea knew to that. we wonder what their game is. it might be trying to complete this missile program before china really cracks down on economic sanctions or they are trying to keep the pressure on china to say, you do know what command do not squeeze us so hard, because we are half crazy and if you squeeze us too hard, we can do things you do not like in response. try to play the game of perfecting their missile capability but also keeping beijing on edge, tighter and tougher than sanctions get doesn't necessarily make north korea cry uncle. these are the various messages on today's launch. >> shepard: the white house pool, the camera people have just been brought into the roosevelt room. soon the president will start speaking. if you are advising the president today, michael, and what sort of rhetorical flourishes that are appropriate to what you tell them? >> secretary mattis has been very good, firm and calm. reminding north korea what they hopefully already know, if they shot one of these out as it be the end of their regime. in policy terms, while we try to get china with more economic pressure on north korea, we need a more realistic strategy. north korea is likely to give up its bomb tomorrow. not enough pressure on for that to happen. we need a freeze, it's a very tough freeze, but nonetheless, one that expires to the denuclearization in the long term, not in the first negotiation. otherwise, and north korea will do enough to keep president trump off their backs, so to speak, and more pressure north korea or this thing will keep going and north korea will keep developing its nukes and missiles. >> shepard: thank you very much, michael o'hanlon. nice to talk to you. the president again, white house pool has been ball in for the president's remarks to the nation to reporters we needed to get in a quick commercial break so we do not miss anything. two interrupted right after thi this. 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how much money lisa saved by switching to geico. wow! performance of the night. fifteen minutes could save you fifteen percent or more. the 1 the president has begun speaking to reporters at the white house. right after he is finished speaking, the white house pool will play that video out for us, and we will send it on to you and for that matter, local fox stations across the nation will join us. i have a readout from the producer as i mentioned earlier, the pool on this particular day is handled by fox news channel for all of the white house -- for although it has pool members come all the networks, cnn, he is spoken so far to the pool producers sarah gomez. first he mentioned north korea and the underlining message seems to be, we will take care of it, and as a call from the president. a situation we will handle. came up a few minutes later according to the readout from the pool producer in light of that missiles launch, the democratic leader will be here fairly quickly. he said on nancy pelosi and schumer, nancy pelosi and chuck schumer the house and senate decided not to show up to a meeting today after the president tweeted, he did not think there would be any kind of deal. they said, okay, if you don't think they'll be no deal, will continue to meet with congressional counterparts. he said on those two leaders, the president said i am not surprised he did not showed up. the weak on crime, week on the border, and went on to say regarding the tax bill, we will get it passed massive tax cuts, lots of good things will happen. those are the notes, the cliff notes if you will and what the president is having to say, and he should finish up at some point. we will play the tape for you. alive look at the white house as we wait to hear from them on this very busy day. let's bring in a size instead, for politico was a headline for you, alex? >> tax reform in north korea, but tax reform, it appears that republicans are making strides to present me legislatively. >> shepard: the message, there has been a take for tat today. it began at least with a presidential tweet. take us through it. >> it began with the president going after chuck and nancy. the democratic congressional leader, they went to those democratic leaders bowing out of a meeting with the president, and now it has gone forward to this news conference, where the president continues to go after them. the president is always looking to to the opposing party as he pushes forward with this major piece of legislation. >> shepard: the next move in this tit for tat. how do you see us. if you look forward, not too far it, but if you look forward to the next 24 hours, where does it go? >> it is unclear, because the president said, he is not looking necessary for democratic support on recent packages. try to pass this bill with just public support, it is hard to see where things go, but look. it is interesting pattern, because a few months ago, it look like the president was getting along a little bit with these democratic leaders with the anchors of mitch mcconnell and others. it looks like things have changed the opposite direction. it's the presidency of donald trump. >> shepard: alex isenstadt from politico. no further updates from the white house pool, so expect to get another update shortly, and in just a few minutes, we expect a player back from the president's comments on this busy busy news day. one more quick break it will have it ready for you ears that money would last them. how long do you think we'll keep -- oooooohhh! you stopped! you're gonna leave me back here at year 9? how did this happen? it turned out, a lot of people fell short, of even the average length of retirement. we have to think about not when we expect to live to, but when we could live to. let's plan for income that lasts all our years in retirement. prudential. bring your challenges. we are the driven... the dedicated... the overachievers. we know our best investment is in ourselves. we don't take no for an answer. we fight for what we want. even for the things that were once a given. going to college... buying a home... and not being in debt for it for the rest of our lives. but we're only as strong as our community. who inspires and pushes us to go further than we could ever go alone. sofi. get there sooner. >> shepard: in 6 minutes before the hour. we have another readout from inside the roosevelt room. the president to my knowledge is still speaking, but he is not the only one speaking. there's around this table are speaking as well. speaker ryan speaking as speakers or want to do. it is regrettable that that democratic colleagues did not want to participate especially to help out our military. leader mcconnell said, we cannot negotiate without person to person who bill in the room to see how it works. the president spoke, we are far apart. we want military dues and funded now. way far away, secretary mattis spoke as well saying on the north korean icbm launch, it was higher than anything before, can threaten anywhere in the world. that from secretary mattis. the bottom line, continuing effort to build icbm threatens the world and the united states. donald trump, the president, today taking questions from reporters. that is something we have not expected. we did not know whether to expect it or not. it was advertised to us as a statement. normally when it is a statement, the president does not take questions. the pool is ushered in and out, but sometime you want to take questions as the president, you take questions. that is what he's doing right now. we expect the pool and will play that out in just a few minutes. lots of topics on the agenda today and the president touching on a number of those. and very much a political back and forth now as the white house try to take over the narrative for the day. remember, the tweets began and then pelosi and schumer took back, and now on this day so much is happening, it has become very much politics. while we wait -- what was that? i'm going to let you know the president stops speaking, there is a process and we will all want to hear it. they will take that through a playback position. they'll play it out to you as we get a command all networks will have axes at the same time. it appears that as a couple of minutes away. as we have that going on, there is a 210 gauge streak leading an nfl team. eli manning of the new york football giants finds a team two-9 on the season, and in a way, instead of starting this sunday as he had for 210 consecutive games, eli manning will be on the bench. gino spoke with mr. quarterback of the football giants along with the rookie named davis webb eli says, i will be ready to play when i'm needed, and i'll help them prepare the very best i can. changing times in the nfl my man, eli manning on the bench. you are a giants hero >> new york, you're looking at the president speaking and a brief tape delay on matters of extreme importance for the nation today. texas, budget, a new situation with north korea, which launched their intercontinental ballistic missile. let us listen to the president. >> president trump: a lot of other things, but the military is always number one. we will not be here without a powerful military. we are building it up stronger, bigger, bolder than ever before. general medicine can testify to that the other thing, they want tax increases, and major tax decreases. they decided not to show up. they have been all talk and no action. it is even worse, not even talk. they're not showing up for the meeting. i will say this. in light of the missile launch, they will be here fairly quickly release the session will start taking place fairly quickly. i think we're in a very good position over at the capital with the republican senators. we have tremendous support. i was just informed that they had a unanimous vote from the republican side at least.

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