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Being the result. The president upping the trade antiwith china, promising to slap 10 tariffs on 300 billion worth of chinese goods. Thats in addition to the 25 tariffs already in effect on virtually all other chinese goods. December 1st, tariffs will be in effect in effect the prospect that Global Demand could slide right along with the Global Economy which is why Interest Rates have started tumbling. And the dollar started tumbling. One of the few havens in times of crisis, gold, those prices were soaring. Time to start connecting. We begin with fox business Edwin Lawrence on what got everything going. Edward. The tweet heard around the world. We have learned from chinese sources within the last half hour so that the meeting in shanghai did not go well between the two trade teams. The chinese sources telling us china said they will not add in any of the concession language they had taken out of the agreement. The chinese telling us telling u. S. Trade or percentage the u. S. Needs to trust them that they will protect intellectual property without enforcement provisions. The departments have been given the directives and start the coupling from the United States so china no longer has to rely on u. S. Product. That could be seen in the agreement they made with russia basically helping the russians soybean industry meeting the demand of the chinese. This is what the president is reacting to buy these tariffs, nothing 10 tariff on basically the rest of what china imports into the United States. These tariffs will affect more of what you buy. We are talking about panty hose, stockings, alarm clocks, watches, rollerskates. This is a hard line from the white house, its getting Immediate Response from democrats, support from democrats. Listen. We have to be really tough on china. They have taken advantage of us. America has lost trillions of dollars in millions of jobs. Because china has not played fair. Being tough on china is the right way to be. The president has done this before, set deadlines and then pushed the deadlines back when china does certain things. This time seems to be a little bit different, china taking a very, very hard line in those talks, saying they will not add in anything related to concessions that they had agreed to over the past year. We will have to see if the president keeps the hardline september 1st deadline for the tariffs. Neil Edward Lawrence at the white house. The president is speaking with reporters as we speak before he heads for a Campaign Event. We will get it to you. Ted oakley is following all of this in the financial applications. He is with investors. Good to have you. Its a reminder how much. Dictates trading. It is. I think the thing about it, its sort of been a relationship where investors, you ring the bell, expect something, and then eventually you dont have any food and thats where you end up that i think thats whats going on now. Really disappointed. Neil one of the things that i noted that was interesting, the Better Things look for trade, the Better Things look for stocks. The prospect that a deal could be imminent. This pretty much touches every good that we get from china. The flip side hope is the longer it drags on, the more the Federal Reserve cuts rates to sort of buttress the economy. Do you buy that . We thought they were off the mark yesterday. I assume that by the time you get october, november, they are going to be up against the wall. They will have to come in and cut deeper. Neil if you are cutting in an environment like this, the trade impact has been minimal thus far. You dont have a lot of room here, do you . You dont have a lot of room. Thats one of the problems. If you look back, comparing it to midcycle 95 to 97, its not like them. Its a different kind of game. Neil the global slow down talk, its always ignited every time you have an impasse on trade. A little bit stunned to see oil on the notion it will have a global effect, beyond the United States and china. Do you buy that if this drags on that thats exactly what happens question marks to go i do because if you look at places where its happening, or starting to see a lot of supply. I think it will have a big impact on oil. Neil the one thing i havent noticed, consumer behavior, while slowing from its highs is still pretty robust. Consumer confidence is still fairly robust. Wage gains in the country may be the underpinning of that. Actually quite robust. We have been able to weather this. How long do you think that lasts . I would guess in the next one or two quarters, what youre going to see is you will be in a situation where wages will be going up. Profits will be squeezed. It will have an impact on the markets in terms of stock prices. I think thats where the two are going to run into each other here. Neil Interest Rates, market rates going low. The situation today, yields on the 10year, popular mortgage. Fresh three year lows. Whats going on . We said a year ago that we felt like wages will be going down for the next 18 months. We still feel like they will being lowered eventually. They may break up a little bit in the short run but i think whats happening is youre going to have a tremendous amount of debt right now and you have that much debt, its really hard to push things higher. I think with everything breaking, youre going to have a situation where we catch up with everybody else. Neil will watch it closely. Ted oakley, thank you very, very much. It might confuse you when youre looking at a bond quote, its a little bit in reverse. As the old ghost town, people are buying bonds. Price goes up, yields goes down. Just explain that. Then a credit residential candida Kamala Harris renewing on her attacks on the president trade policies just today. By tweet initiating trade policy that has resulted in, as i said last night, farmers in iowa facing bankruptcy with soybeans rotting in bins. Autoworkers in michigan and other places in the country that are looking at the potential for no job by the end of the year. American families paying 1. 4 billion more a month on everything from shampoo to washing machines because of the socalled trade policy which i called the trump trade tax. Its irresponsible. Neil the economy, one of the president s greatest clarion calls. The achilles heel, the trade situation. Charlie gasparino is here. Kathy, what she is saying is this is the fly in the president s ointment. Absolutely. The economy is going great, why did he go off script . Why did he do this . Where did this come from, this 10 tariff . He can say the economy is great, booming. Boom. Now he might have president Kamala Harris because shes right. I would call it a trade war. She called it a tax. No one wins in a trade war and thats why everyone is nervous. Neil theres other stuff or hes been gaining the advantage and maybe this is a negotiating tactic. By the way, Kamala Harris overstated it, sing autoworkers, no one is going to have a job in the autoworker industry. She said hundreds of thousands, clearly an overstatement. She was talking about the auto supply chain. You wonder with the president s game plan is. The markets, we say its six months out. Should he get his act together six months ahead of time, meaning people start looking at the election in september. He needs to act sooner. Whats the deadline, march of next year . I think listen the u. S. Stock market is 34 trillion in equity value. The u. S. Economy is 22 trillion. Is this a drop in the bucket . Can it weather it . Its interesting that democrats are siding with the president , saying that hes right and he needs to go tough on china. Neil you could argue that the Federal Reserve yesterday involved in this. You talk to any ceo, what affects corporate earnings more. 25 basis point cut in federal funds or these absurd trade war wars. The markets reacted to a tweet or a statement and thats what Stock Traders do. They are stupid. They press the button on any negative news. The real fear in the market is the fact they were not just in a trade war with china. We are in a trade war with half the world. That will impact. China, mexico, anybody. Canada. Neil the economy would be getting pounded. The economy is down to 2 growth because of trade. We are agreeing. A trade war with the country that doesnt have to elect a president. China doesnt care. Neil do you think china the president is arguing they dont want to negotiate with him. They want to deal with, what did he say, stiff. What is the point of it . Neil do you think thats the case . China has no elections. What do they care . Soybeans are going to rot. What do they care. Neil they have a slowing economy. Isnt there economy slowing question mexico it is. Its pretty rickety and arthritic. Whos got leverage . We know manufacturers have been diversifying out of china toward other parts of asia with their production lines. I think there is way too much hysteria. We know the president s tweets. The traders, every tweet they make money off it. If it brings back volatility. Overreacting and whats going o on. One thing to talk about traders in the market, talk about gdp. Algorithms are attached to certain news items. They are attached to tweets, that was my point. Its another thing to talk about gdp and you talk to ceos. I do it all the time. They are telling me their bottom lines are affected by multiple trade wars, and thats the bottom line. Shepard the economy. I dont think anybody can tell you that the tax cuts are going to ameliorate the trade wars. I cant tell you that. But it looks like its having an impact. People are nervous about Business Investments is what charlies trying to say, in gdp. Thats whats bringing that number down. Inventories. Business investments. Its inventories building up because we cant sell stuff. Why . Why is he doing it . It doesnt make sense. Peter navarro things. Neil thank you. Look at the time. In the meantime, after senator jones leaving. Massive budget bill but at least we are not looking at a shutdown. Or are we . Fundraising. Giving back. Subaru and our retailers have given over one hundred and sixtyfive Million Dollars to charity. We call it our love promise. And its why you dont even have to own a subaru to love a subaru retailer. Love. Its what makes subaru, subaru who used expedia to book the Vacation Rental which led to the discovery that sometimes a little down time can lift you right up. Expedia. Everything you need to go. So, every day, we put our latest technology and unrivaled network to work. The United States Postal Service makes more ecommerce deliveries to homes than anyone else in the country. Ecommerce deliveries to homes family is all togetherect. And we switched to geico; saved money on our boat insurance. How could it get any better than this . Dad, i just caught a goldfish theres no goldfish in this lake. Whoa its pure gold. Were gonna be rich. Were gonna be rich it only gets better when you switch and save with geico. If you have moderate or psoriatic arthritis, Little Things can be a big deal. Thats why theres otezla. Otezla is not an injection or a cream. Its a pill that treats differently. For psoriasis, 75 clearer skin is achievable, with reduced redness, thickness, and scaliness of plaques. For psoriatic arthritis, otezla is proven to reduce joint swelling, neil the president at the white house. Hes been taking some questions on the developments today, slapping tariffs on the remaining goods we get from china. Pretty much everything come september 1st that makes its way from china to this country will be looking at tariffs of at least 10 . The president addressing that and a lot more with reporters moments ago. Listen. Reporter why the tariffs now . About to nosedive President Trump im not concerned. I expected that a little bit because people dont understand quite yet about what happened. We have taxed china on 300 billion worth of goods and products being sold into our country. China eats it because i have to pay up because what they do is they devalue their currency and they push money out. Our people havent paid, as you know, we are also charging them 25 on 250 billion. We are taking in many billions of dollars. Theres been absently no inflation and frankly it hasnt caused our consumer anything. It costs china. What is happened is a lot of companies are moving out of china so they can avoid china has had a rough this is their worst year in 27 years, according to yesterdays wall street journal. I dont want that but when my people came home, they said we are talking. We have another meeting in early september. I said thats fine. But in the meantime, until such time as there is a deal, well be texting them. And we are getting very good numbers from the border. 21,000 soldiers supplied by mexico and i want to thank mexico. They are doing a great job. That numbers are way down at the border. Reporter north korea apparently launched their third missile in a week. Is kim testing you . President trump is very much under control. Reporter we start negotiations again . Reporter [indistinct] President Trump let me ask you a question. Right, write, right, sure. What would you say when china for the last 20 years has been taking hundreds of billions of dollars out of our country and we had a president that would never do anything, number of president s that would never do anything about it. What would you say . For many years, china has been taking money out by the hundreds of billions of dollars a year. We have rebuilt china. Now its time that we change the ground. If they dont want to trade with us anymore, that would be fine with me. It would save a lot of money. Reporter do you believe that xi is slow walking this . President trump no, i dont know. I think president xi, someone i like a lot, i think he wants to make a deal. Frankly hes not going fast enough. He said he was going to be buying from our farmers. He didnt do that. He said he was going to stop fentanyl from coming into our country. Its all coming out of china. He didnt do that. Were losing thousands of people to fentanyl. This was time and very importantly, you know this more than anybody. Youve been covering it a long time. For many years, china has been taking out hundreds of billions of dollars a year and rebuilding china. Its time that we rebuilt our country. Reporter do you still trust him . Do you still trust xi . President trump the one thing i have to say and you have to say this, what china is doing is they are devaluing their currency and they are pumping money out like theyve never done before, and they are paying for these tariffs. We are not. Reporter do you still trust president xi . Reporter [indistinct] President Trump something is probably happening with hong kong, because when you look at whats going on, theyve had riots for long period time. I dont know what chinas attitude is. Somebody said that at some point theyre going to want to stop that. Thats between hong kong and thats between china because hong kong is a part of china. They will have to do without themselves. They dont need advice. Reporter to the u. S. Government mr. President , sir. Reporter the date of september 1 on the tariffs. President trump no, no, september 1. The reason is it takes a long time for the ships to come over and its a period of time so im giving them a 4week period of time before the tariffs gone but we are taking tariffs on 10 on over 300000000025 on 250 billion. Its been proven that our people are not paying for those tariffs. Reporter do you still trust president xi . President trump go ahead. Reporter [indistinct question] President Trump shortrange missiles, we never made an agreement on that. I have no problem. Well see what happens. These are shortrange missiles. They are very standard. Reporter will you continue negotiating with them, sir . President trump go ahead. Go ahead. Reporter [indistinct question] President Trump congressman ratcliff is an outstanding man. Highly respected by everybody that knows him. Reporter on cincinnati. Reporter [indistinct question] President Trump we have not changed on huawei. We can do business on nonsecurity things with huawei. Anything having to do with national security, we are not dealing with huawei. Reporter at your rally tonight, sir. Reporter [indistinct question] President Trump i havent actually heard that. I know theres a lot of things going on that say a piece of it but i dont know. I havent spoken to them about that. I would frankly be surprised because what james comey did was illegal, so i would be surprised but i dont know anything about that. Reporter in cincinnati at your rally tonight, are you prepared to tell your supporters to stop if they begin chanting something problematic . President trump i dont know whats going to happen. I can tell you im going to cincinnati. The arena is a very large one, and weve sold out and we can sell it out probably ten times from what i hear. The applications for seats, as you know, never had an empty seat. The applications are very big. I have no idea. We have a great group of people. They love our country. They love the job we are doing. When they see the kind of people that want to represent us from the last two nights, thats not what they want. I dont know. I cant tell you whether or not theyre going to do that chant. If they do the chant, well have to see what happens. Reporter we stop them . President trump i dont know that you can stop people. I dont know that you can. We will see we can do. I would prefer they dont but if they do it, well have to make a decision then. Reporter do you have a message for them now before they go in . President trump i do have a message. My message for the people im going to. We have over 100,000 applications for whatever the size of the i think its a 14,000 seat arena. We are way over 100. I think 122,000 applications for those seats. Do you know what my messages . I love them. But i think they love me. I actually think they love me. Reporter sir, on bin laden, sir. Reporter [indistinct question] President Trump have they accepted the offer or not . That is up to Prime Minister modi. I think they are fantastic people. And khan and modi. If they wanted some one to help them and i spoke with india to about it. Its been going on, that battle, for a long time. If i can, if they wanted me to, i would certainly intervene, yeah. Reporter was the u. S. Government involved with the death of hazma bin laden . President trump i cant comment about that but he was very threatening to our country. He was saying bad tings on our country. I will let you make your own comment about it. I dont comment. I will say hamza bin laden was very threatening to our country, and you cant do that. As far as anything beyond that, i have no comment. Reporter mr. President , Robert Mueller said last week [inaudible] President Trump you dont really believe that, do you . I spoke with president putin of russia yesterday. They are having massive fires in their forests. They have tremendous ive never seen anything like it. Its very big. I just offered our assistance because we are very good at putting out forest fires frankly. If they should need it, i offered our assistance. We had a good talk, a short talk but a good talk and i think he appreciated it. We would be able to help them. These are massive fires like i havent seen. That was the primary importance of the conversation. I think they very much appreciated it. Reporter on the fed, sir. Reporter russia interfering in the elections. President trump i watched mueller. Im not sure mueller knows whats going on. He said no collusion with us, no collusion. Ultimately no obstruction because it led to no obstruction by a very smart group of people, including our attorney general. No collusion, no obstruction. As far as muellers performance, you would have to say it was navy not so good maybe not s. Reporter why wasnt a quarter grade cut good enough . President trump our country is doing very well. We are setting records in every way. Including employment, unemployment and we have no more people working in the United States than ever before. The stock market, it will take a little hit but it will be phenomenal because ultimately it will be much better because of what im doing. Somebody should have done this with china long time ago. If they decided not to do it. They made a big mistake. But i will say this. Theres never been a time in history of our country like we have right now. The highest number of people employed. Best employment numbers for africanamericans, hispanics, women, for everybody. The best numbers weve ever had. Our military is being rebuilt and is almost fully rebuilt. Its going to be at a level in a very short period of time, stronger and better than ever before with new aircraft, new missiles, new everything. Hopefully we dont have to use it. Reporter what did you think of the democratic debate last night . The charge from congresswoman gabbard that you are assisting al qaeda. President trump nobody knows what she meant by that. I think even you probably didnt like that statement, john. If you remember a short while ago, i defeated isis. We have 100 of the caliphate. Youre always going to have somebody around. Right now we have captured over 10,000. We have 2,500 isis fighters that we want europe to take because they were going back into europe. France, germany, various places. We have right now 2,500 isis that we captured. We have captured 100 of the caliphate. Weve done a big job on al qaeda and everybody else. For her to make that statement is ridiculous frankly. Reporter can you still negotiate with kim jong un . President trump for her to make that statement is so ridiculous. She has taken a lot of heat on it because nobody has done more against that war than i have. We have thousands of isis fighters that we want europe to take, and lets see if they take them. If they dont take them, well probably have to release them to europe. Reporter and you still negotiate, sir. Can you still negotiate with kim after he has done this week . Can you still negotiate with kim after what hes done now . President trump yes, these are shortrange missiles. We never discussed that. We discussed nuclear. We talked what is nuclear. Those are shortrange missiles. Sure. A lot of other countries test the kind of missile. Reporter do you still trust president xi . 10 , not 25. He said a quarter point wasnt good enough. President trump everyone says that so tough now youre saying i shouldve done more. I did more than anybody thought with the first 250 billion. The 10 is for a short term period, and then i can always do much more or i can do less depending on what happens with respect to a deal. Im very happy the way it is right now. My people came back. They are going to meet again in september. I said look, if you meet, thats great but in the meantime, were going to pay they are going to pay a tariff and it will be a very substantial terror. If you remember when i do 25 , i did it in stages. This can also be lifted ultimately in stages or can be taken off. But it can be lifted in stages. So we are starting at 10 and it can be lifted up to well beyond 25 . We are not looking to do that necessarily. This would be done in stages. I put on 10 , 10 on 300, approximately 300 billion. We already have a 25 tariff on the first 250 billion. The 10 follows the 250 billion at 25 . Reporter speaker pelosi. Reporter are you considering a blockade of cs [indistinct] the amount of foreign involvement with china and iran. President trump yes, i am. Reporter speaker pelosi, sir. Reporter the mueller hearing. They want to launch a house inquiry. Reporter no one has mentioned this question to me in so long. Until last night at the very end, wasnt mentioned in the debates. People arent even thinking. Its a hoax. I dont know if you know that. You know its a hoax, right . Nobody has mentioned it to me. One thing i will say that you havent covered, two days ago a highly respected george in the Southern District of new york in manhattan came out with a decision on the whole russia hoax and he said exactly that. Its a hoax. You want to read the decision. This is a decision by a judge who is highly respected who was appointed by bill clinton when he was president , and he came out and he said its a hoax. Thats exactly what it is. This was the case brought by the democrats against me, nobody wants to talk about it. You know why . Because its fake news. Reporter your soninlaw Jared Kushner. Reporter the ins reading. President trump we didnt discuss the inf. We discussed the forest fires in siberia and other parts of russia. I said we have the greatest equipment. If we can help us promote if we can help you, let us know. I said if we can help you. Reporter but we are pulling out of the treaty tomorrow. President trump well see what happens. By the way, i will say russia would like to do something on a nuclear treaty. Thats okay with me. They would like to do something, and so would i. Reporter [indistinct question] your response to elizabeth warrens comments. President trump i have watched elizabeth warren. Sometimes referred to as pocahontas with her phony ancestry she didnt have. I watched her and to me she doesnt have credibility. Its possible i will have to run against her. Everything she did was a fraud. She got into colleges. She got teaching jobs. She said she was of indian heritage. It turned out to be a lie. Elizabeth warren really has a big lack of credibility. Reporter [indistinct question] President Trump i didnt really look. I think that kamala didnt do well last night. I think that biden did okay. He came through. He came limping through, as they say about sleepy. He limped right through it. He got through it. I think he was okay. I think kamala had a bad night last night, i would say. Its really boiling down to four or five of them, lets face it. I dont see anybody coming from reporter do you have a message on this anniversary. President trump i have a lot of respect for poland. As you know, the people of poland like me and i like them and im going to be going to poland fairly soon and i know they are building an installation and theyre putting it all the money, 100 of the money. They are building something very nice for the United States to have. Reporter on nancy pelosi. House speaker nancy pelosi, i dont know if you saw, she described Jared Kushner as a kind of baltimore slumlord. Because he owns property. Did your soninlaw bear any responsibility . President trump the response bill they are the people who run baltimore for so many years. Obviously headed up by Elijah Cummings. Theyve run baltimore into the ground. We have given billions and billions of dollars to baltimore. The people of baltimore appreciate what ive done for them by bringing this up. Its the number one city proportionately in the United States on crime. I saw a statistic that its worse than honduras. I think the people of baltimore, they really appreciate what im doing. The money was stolen or misspent or wasted. A lot of things happened, a lot of bad things. The government for many years has been very good baltimore. We have to help the people, Elijah Cummings has not helped the people. Maybe at some point we will get together and we will get it straightened out. What happened in baltimore is disgraceful and its not only baltimore. Its other democratrun cities. You ought to report on it sometime. Neil the president taking on any and all questions come about 20 minutes worth outside the white house before he boarded marine one. Hes heading to ohio for a Campaign Event tonight. Quickly on this ongoing trade to thats turned into an outright war with the chinese. The president effectively announcing that come september 1st, 3 and a billion dollars with goods we get from china will be slapped with a 10 tariff on top of the 250 billion worth of goods. What that would mean is everything that we get from china will eventually be subject to tariffs. The president hoping to move the needle on the chinese on top but he says hes in no rush. Says this is the right thing to do. It did surprise a lot of folks and what had been a triple digit advance in the markets. Blake burman at the white house. Where do we stand on this . Its a good reminder that we are in the middle of a trade war right now between the United States and china. Let me walk you through everything shut down. There was a meeting and the president was briefed by his team about the discussions, briefed by steven mnuchin, robert lighthizer, other members of the economic team. Thats when we got the statement put out on twitter by the president in which he said that china is not living up to its expectations for a ag buy from the u. S. China is not slowing down the sale of fentanyl that is making its way into this country. The president said he was disappointed with president xi about it and thats when he announced that come september 1, which should be days before the next meeting of the trade teams between the United States and china here in washington that the next batch, 300 billion worth of goods will have a 10 tariff attached to it. What we heard from the president just now as a reminder that it will be a 10 for the moment but he could go up. It could go higher than 10 and as you mention, theres the 250 billion thats currently at 25 . Essentially all u. S. Goods, goods coming from china into the u. S. , will now face this tariff. Will face tariffs of some kind. According to my colleague at the fox business network, edward lorenz, chinese sources are telling us the directive in beijing is to quoteunquote decoupled from reliance on the u. S. You start to add this up, including the comments we heard from the president for days that may be china is trying to wait him out, trying to wait out his presidency and youve got to wonder where things go from here. Neil blake burman, thank you. Now to the chief deputy whip. Congressman, good to have you. What do you think of this up to auntie . Nobody wins of trade war. We pretty much established that during the course of recent history. I have said all along that the president was right to take on china as has now recently been proven again. China doesnt keep their word. China cheats when it comes to trade. We have to take them on. I think the president did make a mistake when he began all this by not engaging our allies in taking china on in a unilateral fashion. This makes it easier for china to retaliate and finally, lets be clear. One of the reasons nobody wins a trade war is that a tariff is a tax. That tax is paid by American Companies and American Consumers and its already hurting the u. S. Economy. I think thats why you see some market jitters because this is not going to be good for the u. S. Economy. Its complicated. Lets give the president credit for taking them on but lets hope that he can get it right and engage our allies in change chinese behavior. Neil we are told that the u. S. Federal reserve will probably keep lowering Interest Rates if this keeps dragging on. Theres no guarantee of that. What you think . Honestly i think the fed has done a good job over both administrations, recent administrations, doing their part to manage the economy. Mr. Powell has been responsible. Its worrisome that they have seen the need to reduce the fed rate. They only have so much room to go down and thats one of the reasons that i know that chairman powell has been really reluctant to go in that direction because you get to a certain point in your tools are taken away. It is an indication that there is some weakening in the u. S. Economy when the fed sees the need to lower the rate. Neil in your state of michigan and elsewhere, the president has pretty solid support among Union Members and the Light Manufacturing employees who feel that if we give up on this fight, they might as well surrender their jobs. What do you think of that . Give up a fight with china . Neil . Neil yes. Yes, i think it would be a mistake to simply walk away. I think the president needs to consider a different approach. While he is on the phone with mr. Putin, i know he engages with World Leaders on a regular basis. When hes doing that, i think it would be wise to ask them to join us in taking on china. We are not the only country that suffers because of the bad practices that china employees. They have a lot more patience and we do, so we have to find other tactics. I think it would be a mistake to walk away, but what we are saying now is simply ratcheting up unilateral against china. The chinese have more patience that we do so were going to have to engage our allies so we have greater heft in dealing with them. Neil we shall see. The tit for tat goes on. Congressman, thank you very, very much. As we were speaking, the u. S. China Business Council put out a statement on this extended trade war, if you will, saying that we are concerned todays actions will drive the chinese from the negotiating table. The second round of talks and ended this week in shanghai. The upshot for the business guises we are worried. More after this. Or its sign of . In crossing harsh terrain. Or breaking new ground . 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Neil Congress Getting out of town but not before getting enough votes to go out and spend. 23 republican senators voting against the spending extending the debt ceiling. Indiana republican mike braun voted no. Two dozen republicans who did so very, very good to have you. Thank you for coming. It was passed and i were looking at the next couple years of a trillion dollars headed to the deficit for the next two years. What do you think . I think its kind of what i knew was coming when i got here in the first place. I understand the political reasons. We do get left kind of holding the bag on explaining about government shutdowns and all the things that go along with trying to hold the line on spending. I am hoping, ive been here seven months. When we win in november of 2020, hope we remember the roots of what conservatism is about and thats not running trillion dollar deficits. On a budget thats our size year after year. Hopefully its a wakeup call. Im going to keep saying the same thing and i was glad at least 22 others stood in line to make a strong statement. Neil the president is expected to sign off on this, praise the budget deal. He said theres plenty of time to cut. Theres been enormous, plenty of opportunities before you came to washington, senator, for both parties. Each party at different times under control and nobody ever did anything. What makes, you think the president and his promise to finding plenty of time to cut will deliver. Hes been here a couple years or so. I remember when i was running in march of 18 when they did the continuing resolution that reenabled defense and i think the president said we did this last time. He is in now the reality of d. C. To wear when you been doing this for so long, it gets to be part of the system. I hope, because i will be mentioning it to the administration, leadership in the senate, we cant keep doing it. We are going to lose credibility with the core who supports us and its not people that look at this kind of behavior were you say the same thing every year and never change it. Its up to those of us that are new, i know governor rick scott from florida, mitt romney, the three new business guys in the senate. We have doubled the business caucus. Maybe voters need to send more of us here. We know how to do a budget, make a payroll. Neil some of your colleagues might put the saying. Do you think voters are ticked at both of you . Democrats believe in this. Lee and of going along to get along to accommodate defendants. I voted against the defense realization bill on a principal. How do you expect to hold democrats accountable only whole defenses being sacrosanct . Believe me, there is waste and ways to cut 1 or freeze it until we get back in order. Neil, that would be the easiest job and a ceo in america would have. Neil youre in washington right now, senator. Senator, thank you for taking the time. I do appreciate it. All right, usama bin ladens son is dead. We just dont know when he was killed. What we do know is the guy who took out his dad is here. [farmers bell] burke a rock and wreck. Seen it. Covered it. At farmers insurance, we know a thing or two because weve seen a thing or two. We are farmers. Bumpadum, bumbumbumbum doctor bob, what should i take for back pain . Before you take anything, i recommend applying topical relievers first. Salonpas lidocaine patch blocks pain receptors for effective, nonaddictive relief. Salonpas lidocaine. Patch, rollon or cream. Hisamitsu. Copd is a disease that affects millions of americans, and it is believed that there are millions more who dont know that they have it. Talking to the doctor is the first step to getting diagnosed. Dont wait to Say Something if youre experiencing shortness of breath. Neil he was supposed to be heir to his fathers terrorist group. We are getting worried that hamza bin laden is dead. Supposed to be the successor to usama bin laden. To the man who killed usama bin laden. We just found out about something that could happen quite a while ago. We put out a milliondollar bounty on hamza bin laden in february. Some people are saying he may have been killed in a drone strike in march but others are saying it couldve been before that. No one is confirming this yet but it looks like a drone strike because of the lack of handson evidence and you need to rely on so many different types of intelligence in order to confirm it. Want to make sure we confirmed it. We dont want to say stuff. Like the russians said that the leader of isis was dead and he resurfaced. It is significant because he is more than likely dead but if he is, it wipes out the future leadership of al qaeda. He was a 30yearold. The chief of al qaeda now is a lot older. He is pushing 70. Maybe he is 70. Doesnt have the charisma or the name or even the ability to stick his neck out for lack of a better term to get out there. And hamza was the new leader of al qaeda. Neil the father was grooming him. When you invaded the compound when you took out usama bin laden, there were other sons there. Right. The agencies that hold us saying that his son would be there and we did find him. His brother was killed in a drone strike a couple years prior. Hamza wasnt in the building but we found intelligence in the compound that said usama bin laden wanted hamza to be groomed because he was the most charismatic. People loved him. He was going to push al qaeda into the future. Hopefully we can confirm this. We will be able to eventually but it takes a lot of intelligence. Neil how are you able to confirm usama bin laden questioning we were able to confirm it because we had his body. We got confirmation from an arabic speaker, one of the navy seals who taught himself arabic got confirmation from one of bin ladens daughters. She said thats him. That is osama. Neil he was a tall guy. A few inches taller than our tallest sniper. We were able to take some dna. We took his body and we had some forensic people from the fbi test him. We had pictures and we were able to confirm. Neil how many sons and daughters did he have . To go anywhere between 20 and 26. Its hard to tell different places, different access, even the secrecy. They are pretty secretive even from the 80s when bin laden fought in the jihad against the russians. Sku 1 million empire. Even telling hamza telling him. Neil any other kids have nefarious hard to say. Maybe each of neil rob oneill, former navy seal. Incredible young man. Crowds getting ready for the president s big event in cincinnati tonight. That is hours away in the place looks packed. More after this. Giving back. Subaru and our retailers have given over one hundred and sixtyfive Million Dollars to charity. We call it our love promise. And its why you dont even have to own a subaru to love a subaru retailer. Subaru. More than a car company. Its my special friend, antonio. His luxurious fur calms my nerves when im worried about moving into our new apartment. Why dont we just ask geico for help with renters insurance . I didnt know geico helps with renters insurance. Yeah, and we could save a bunch too. Antonio fetch computer antonio . Ill get it. Get to know geico and see how much you could save on renters insurance. So, every day, we put our latest technology and unrivaled network to work. The United States Postal Service makes more ecommerce deliveries to homes than anyone else in the country. After two hundreds of democratic debate, the president will be taking the stage in cincinnati tonight as part of a Campaign Event, he will be speaking to voters there, many of whom are already there, theyve been there for a while. Mike with the latest. They line up hours before these events, about half the people i spoke with today said they will stand silently, participating, half the people say they will jump right in. They say they are in 100 . The people coming to these events are looking for those shot in the arm, imagine the patriotism from this president. Frankly, the president has a unique set of skills at the podium and in front of the camera, they are looking to be entertained, looking for the president to needle the democrats. Ohio is a red state but Hamilton County where we are now is a deep blue county. Neil . Thank you very much from the president will be there tonight. Also refreshing your memory here, down 280 points today, the escalating trade war a big topic that will come up tomorrow. Keep in mind the jobs report is due out tomorrow as well. We will have a minute minutebe coverage of all of that. But now, here comes thfive. Juan hello, everyone, i am juan williams, along with emily, brian, dana perino, and greg gutfeld. Its 5 00 in new york city, its the five. 2020 democrats duking it out in detroit during the second debate, President Trump is on his way to a rally tonight in cincinnati and just moments ago he went after the democrats. We are going to show it to you in just a bit, but first, the attacks were fierce and they were plentiful on the debate stage and joe biden once again was enemy

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