Transcripts For FBC After The Bell 20170427

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we also hear from starbucks. the results that could change your fortunes in a flash coming out in just moments. plus republican leaders are scrambling to shore up support from both conservatives and moderates for a new health care bill. could we see another vote in the next 36 hours. helping your heroes, president trump signing an executive order for our veterans. we'll bring it to you live. among our guests mashable's lance ulanoff, congressman andy biggss, zane tankel, lieutenant colonel oliver north. taya kyle all coming up in the hour. melissa: companies with combined worth of $2 trillion reporting in the next few minutes. the results have a major impact on markets tomorrow and your wallet. here is how they're ending the day today. amazon, microsoft, alphabet already closing at new record highs ahead of their results. we'll see if they can hang on to that. david: as we await word from the tech giants, i want to bring in our pannell, lance ulanoff, mashable's editor-at-large. scott martin, kingsview asset management, hot hardware editor-in-chief, carol roth, former investment bank are and entrepreneur. i will to to lance first, you're the tech expert. tech stocks, what are we on the verge of, some new technological revolution? >> if you think about ai. everybody getting -- david: hold on one second. amazon reporting first quarter results. let's go to lori rothman. give us the numbers, lori. reporter: shares trading higher as a result of numbers. earnings per share $1.48 versus expectations of $1.12. that is only better than expected. revenue expectation was 35.3. so a little bit better, 23% increase in revenue for amazon from this time last year. headlines still crossing. if you were lucky enough to get in on last earnings drop. you're to be awarded. we owned amazon for a long time. lance talked about it prior, this is the technological. technological revolution. i would run, not walk to pick up shares. melissa: everybody believes in jeff bezos, next her call man. started out as a books company. spent fortune doing the cloud. reading books, not ipads, that is not his devices. i didn't believe him. now he is pouring a ton of money into original content for prime. that is the incomes big gamble. will that pay off or is there an end to jeff bezos's miracles? what do you think? >> he is not just pouring money into content, he is reaching out everywhere. they introduced something echo look, put as camera inside your bedroom to tell you if you're dressed right. melissa: that doesn't sound good. >> only if you talk to it. that ties directly into retail business. maybe you don't look so good, maybe you buy more clothes from them. melissa: that's interesting. lori rothman. alphabet, parent company of google out for the results. is ashley giving that to us or lori? ashley, go ahead and give that to us. >> i'm all over alphabet google, whatever you want to call it. , per share coming in 7.73. the estimate was 7.39. beat on earnings, revenue coming in at 24.75 billion. that too is a beat. it is up 22% year-over-year. the paid click growth up 44%. however the costs per click, that is your average ad revenue is down 19%. the stock shot up about 3.5% when earnings came out. now coming back a little bit, still up 2% after-hours, guys. david: thank you very much. cost per click was expected to go down 11%. look again, what is happening. this is two for two right now. both alphabet google and amazon doing extraordinarily well after-hours. carol, there is a lot that google is doing now, didn't used to. still gets vast majority of money from advertising. it does a lot of other stuff as well. we'll look closely at that are we not, as well as investors? >> we do look at that. i think what is interesting about google, even though they are always investing for the future, they stayed true to their core competencies for the most part. not a situation like old yahoo! you didn't know what the company is about. google continues to invest and a great brand trusted from small businesses to individuals. and they just continue to keep innovating. if you look at where they're priced, versus an amazon, for example,n multiple basisu know this is a company that you can actually understand their valuation for future. david: amazing, they're both in the 900-dollar range per share of stock. by the way, starbucks out with their second quarter results. lori has the numbers there. go ahead, lori. >> not as good as many on wall street had hoped. numbers here, 45 cents a share, that is in line with eps let me move on to revenue. this looks like a bit of a problem. 5.3 billion, versus $5.41 billion stilt. starbucks will no longer give forward guidance. melissa: ooh. >> in terms of same-store sales. that is troubling with investors. they're bid off 1 and 3/4% in extended session. back to you. melissa: let me go back to my panel. carol, let me ask you your reaction for this. they will not provide historic guidance. they would get back to historic level of 5% same-store sales. we'll look for those numbers. this doesn't bode well for that. >> howard schultz stepped down from the ceo into executive chairman role. starbucks is interesting one. it obviously has very full valuation. they have a lot ahead in terms of china, when i did an interview with howard schultzs last year we talked about infrastructure put in place to make china a huge opportunity. that potentially could be bigger than the u.s. u.s. basis they are potentially struggling. kevin johnson, the new ceo has a very different take. he has a technology background, a different way he is going to approach this this is one where there is a little bit more risk in terms of that forward story at least in the near term. melissa: microsoft reporting third quarter results. ashley webster with those in the newsroom. ashley. >> start with earnings per share, non-gaap number3 cents. the stilt was 70 cents. we have a beat on earnings revenue. 23.6 billion, right where it was expected. i want to look at the cloud platform, this is what they call intelligent cloud owth coming in at 2.18 billion. linkedin, this is the first full quarter linkedin part of microsoft. they bought it of course last year for 26 billion. the revenue from linkedin for this quarter, 975 million which is a little better than the 950 most analysts have been predicting. >> ashley, thank you for that. david: let's go to dave. dave, the fact they beat on the numbers, but the stock is down about 3%. why? >> i don't really understand that i don't understand why the market isn't reacting. microsoft is firing on all cylinders. they're investing in bizs make sense for the company. azure the cloud, is a big play. they're starting to nip on amazon's heels with aws. interestingly next month, may 7th, we have an event coming to new york, microsoft in education. we're fully expecting microsoft coming with lower cost mainstream surface for education, backed up with office 365 and cloud storage with one drive. i think that will give google chrome books in education a run for its money. a little bit puzzled by the loss. david: i will mention one other thing going for it. it has $113 billion in cash overseas. even though president trump may not get all he want in the tax changes, he wants to bring the cash back home. they are number two. apple is number one. second richest company in terms of cash overseas. that could bring that back. >> that would help a lot. david: melissa. melissa: lori rothman has more on amazon, what can you tell us? >> what is interesting about amazon, you have been critical of this company for its cash burn, spending so much money on its exion, from data centers totent, well as part of the report amazon is saying that free cash increased to upwards of $10 billion. so that -- melissa: wow. >> that tells investors, right, the company has a little wiggle room. maybe they're not overspending. by the way they are spending on especially with the content, academy award winning movies. its paying off. it's a beat. amazon crush it with profit, $1.48 per share versus $1.12. revenue rose 23%. blowout quarter for amazon. shareholders must be pleased. >> scott, let me get your reaction to that, free cash. >> music to my ears. as shareholder i will not lie, melissa. what is interesting, lance mentionedded it, amazon is dropping products into your life everywhere you turn. look a lex is a, popularity. i have not seen estimates that the amount of alexas will be in homes next several years will be close to 100 million of them. there are tons of product that amazon free cash flow, they will continue to drop in your life, in your life and make part of what your life is. amazon is the stock to own if looking at retail, looking at tech, if you're looking at cloud. melissa: lance? >> so, yes, funny watching video with amazon, one of the thing i noticed is all the robots running around. melissa: yeah. >> they spent so much money on infrastructure for fast delivery. that had been a drag on the business for a time. it seems to have righted itself. amazon so so well-positioned in so many different ways to be pervasive, to it be delivering content and also be a place where you consume the content, you know. end cycle of looking at stuff. digital device, always ready to hear you. amazon, echo and alexa. melissa: carol, i agree with all that. that is interesting. they are a the forefront for technology, i worry about the money spent on content. no one starts out making a bad movie or a bad series. amazon doesn't have anything to do really with technology. it is about art and taste that worries me. am i crazy? >> i think the only reason why you're crazy, you know, melissa, i always agree with you, only maybe a little bit crazy, i don't think content is a big part of the investment thesis behind amazon. if you look at cloud services, if you look at internet of things, if you look at that ecosystem, into the house, artificial intelligence, all of these things that are going to drive technology, amazon is the at forefront of that. they're also a leading brand with everybody from teenagers all the way up to small businesses. they really do have a hold everywhere. i think the amount they're spending on content is a rounding error in relation to everything else, these bigger tech theses that are really driving the valuation. that would be the only place i would perhaps disagree on that. melissa: well-done. david: google is clearly at the forefront of search. it is killing it through alphabet its parent company. ashley has more numbers. >> very impressive, david. driven by a surge in advertising on mobiles and popular youtube video plaid form continuing to generate revenue. revenue not shared with anyone else, that revenue coming in at 20.112 billion. that is much better than the 19.8 billion that was estimated. revenue up 22% year-over-year. paid clicks growth up 44%. david: ashley, let me focus in, what you mean by ex-tech, they spend money, billions dolla every quarter to work with company that help them out to spread the word of going going. it is not a big part of their overall money. you're saying that is going down even more. so they don't have to spend as much going out and, some people meet say bribing others to work with them. >> well they get a slice of the action. if you're a carrier, you know, they will partner with you, google alphabet, in order to access more people out there. so it is working clearly, especially on the mobile platforms, advertising and youtube of course, the advertising revenue is just showing impressive gains. david: but scott, the point is, they're so big, they're so powerful, they don't have to spend as much convincing people to work with them. >> no, they don't, david. that is the beauty of today's market environment. if you're sitting out there i have cash on the sidelines, where do i go because i feel the market is high, i say all year, stay with the leaders, the lead dogs. that's what we've seen today. amazon, microsoft even though a little bit down but facebook. these are leaders, some smaller fringe companies are losing competitiveness with. they will lead the market. david: they are changing what they do. the cost per click is proof of that, lance. they were expected to lose about 11% in cost per click. in fact they're losing 19%, but you still see the enormous gains after hours. so they're kind of moving away from the old cost per click business model, right? >> they have to because the value of those clicks it is decreasing. people aren't seeing advertising in the same way so they have to shift. i'm glad to hear they're making gains on mobile side. certainly google wants to make a lot more money on the cloud side. they would like to make money on hardware side. they have a good sense how they have done with the google pixel phone been in the market six month or so but they have to diversify. they can't rely on one thing. one of the interesting things to think about on the google side is the the youtube story. they went through a bad moment toh advertisers where there things that people literally pulled out of youtube. we won't realize any of that. we won't see how that impacted youtube probably later in the year, but i think it has cost them money, but it's a behemoth. you can't stop youtube. this is number one way millenials watch content. they sit there and just watch youtube videos. doesn't matter what is going on in the world. david: one leads to another. like popcorn, you just can't stop. melissa. melissa: let's go back to lori. she has more on amazon. lori. >> we talked so much about amazon and the retail business. what is key for amazon is the cloud business. this is very important. just as much factor in the blow out quarter as anything else going on with amazon. 42.4% increase in the cloud business, amazon web services. dollar value? $3.66 billion. staggering amount really. if you look at income, it is $724 million, but on operating basis, one billion dollars even. so the free cash flow too is coming. so really firing on all cylinders for amazon. melissa: all right. good stuff. what do you think about that, carol? what do you think about that? >> i think that a number of the names we're hearing today are all leaders and are leading in those technologies that are going to be drivers of growth for the next several years. one of the things that i always look at, i'm not a trader. i'm a long-term investor. that is you hot average investor should be looking at things. think about what is going to be powerful, and who is going to be ahead of the pack three years from now, i think names talking about here today you can see that clear path where they're still going to have the leadership. melissa: right. >> when it is three years from today. melissa: no it is true. all right, guys, thank you very ch. helping our heroes president trump taking measures to support our veterans and families this hour. he will make comments on this we'll bring them to you live. lt. colonel oliver north, and tea yaw kyle, widow of navy seal chris kyle is coming up. >> david: united reach ad settlement with the passenger. details ahead. melissa: a new health care bill, could we see a vote in the next 36 hours? we'll ask arizona congressman and freedom caucus member andy biggs, as house speaker paul ryan tries to manage expectation this is time around. . what? it's just... we were going to ask about it but we weren't sure when. so thanks. being upfront is how edward jones makes sense of investing. try new flonase sensimistgies. instead of allergy pills. it delivers a gentle mist to help block six key inflammatory substances. most allergy pills only block one. new flonase sensimist. melissa: closing in on health care deal. obamacare replacement plan winning over conservatives but moderate republicans are still not on board. voting could happen as early as this week but will the plan have enough support to pass? republican congressman andy biggs from arizona, member of the house freedom caucus. what do you think of the bill, sir? >> i think it still has problems. this is replacement bill. it does not repeal. it keeps some obamacare in place. melissa: what would you like to change? sound like you're holding on for full repeal? >> that would have been the best thing. i think next best thing would be doing 2015 bill. but i think this bill is probably going to get the votes and be passed out of here fairly soon. i don't know when but i think it will get the votes. melissa: what do you think happens from there? >> it gets to the senate. when it gets to the senate i think they will fiddle around with it around they will do their own deal and he bring it back doing whatever it is they want to do. it will get back to the house and be voted on over here. that is when the real tough sledding will hit. melissa: house speaker paul ryan says it can't be a cookie cutter system. that we want the best possible system. let me play for you what he said and get your reaction. >> we want to bring down costs. we want to preserve protections for people with preexisting conditions and we want to respect the fact that states have different issues, different health care market places and we want to give states greater flexibility so they can get the maximum reduction in policies in premiums and we can get the best possible health care system. melissa: does the plan that is moving forward right now address those things? >> i think it attempts to goes those things. waiver plan, doesn't require states to go hat in hand at federal government. it is a temporary waiver. not a long-term waiver. the fact states have to ask for waiver, tells you haven't repealed obamacare. what are you waiving? demands in obamacare. that is a bit of a problem. melissa: if you have one tangible thing you want to change with this as it is, that is what it is coming down to, making an agreement with what we have, what would be the one thing you want first? >> i'm offering an amendment that would actually not require to the state to apply for an opt out. they would simply be able to notify the department of health and human services that they are either in or out of obamacare. that is the simplest cleanest way. respects states rights. actually comes closest to simulating at least if you can't repeal, at least simulate repeal as much as possible. the other thing -- melissa: go ahead. >> other thing you have to have, the ability to buy and sell across state lines. those two things there are the best way to simulate the repeal if you will not repeal. >> makes sense. congressman biggs, thank you. >> thank you so much. david: we have breaking news about a big story. united airlines reaching a settlement with david dao who was dragged off a flight at chicago o'hare airport. the settlement for undisclosed amount. united releasing a statement, that we and dr. dao reached an amicable resolution. we look forward to implementing improvements we announce, put our customers at the center of everything we do. melissa: so we are awaiting president trump, commander-in-chief will make remarks with the department of have the rans affairs where he is expected to announce new reforms to discipline incompetent employees at the va. fox business will bring you the comments live when it happens. plus breaking down an historic proposal. how president trump's tax cut will impact small businesses and entrepreneurs. next up, zane tankel, apple metro ceo sounds off. >> if you're an entrepreneur thinking about starting a small business, do it. your tax policy will support you. if you're an existing small business and you want to grow, do it, because this tax policy will support you. look closely. hidden in every swing, every chip, and every putt, is data that can make the difference between winning and losing. the microsoft cloud helps the pga tour turn countless points of data into insights that transform their business and will enhance the game for players and fans. the microsoft cloud turns information into insight. at crowne plaza we know business travel isn't just business. there's this. 'a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. ...as a combination of see products.. and customers. every on-time arrival is backed by thousands of od employees, ...who make sure the millions of products we ship arrive without damages. because od employees treat customer service... ...like our most important delivery. od. helping the world keep promises. david: biggest tax cut in history. at least how it is being advertised. outlined by president's chief economic advisors, specify relief. they hope the plan provides for small and medium size businessed in america. listen. >> as the president said during the campaign. we will lower the business rate to 15%. this is not just about large corporations. small and medium-sized businesses will be eligible for the business rate as well. david: here now is zane tankel, apple metro ceo and chairman. zane, you have a lot of these applebee's, you have 40 of them. a lot of small-time folks, a lot of people with not millions and millions of dollars buy into a franchise like that. so you're in touch with the small and medium-sized businesses. does this plan look good to you? >> david it looks great. david: but from a small and medium-sized business? >> unbelievable, over the top, much more than anyone would have ever expected but at the end of the day, as a thinker, someone who can take my brains and throw them out the window, but as thinker there is responsibility to manage expectations. the first question, looking at p&l and looking at income side and nothing on the expense side, keeping all the income. you know, what happened to infrastructure? billions and trillions of dollars? what happened to national defense? david: zane you know small business. you know donald trump. you live in new york. you worked with donald trump before. i mean he tries to come out with as much as he wants first and then he negotiates it down. >> exactly. david: what we saw yesterday, obviously is not exactly what we're going to see in law but if we get half as much what he advertised would that make you happy? >> of course. any movement in that way we would do all kind of things with that money. scholarship program. it would go back into the employee population, economy. drive a car, time to trade in. trade in kitchen equipment before it breaks down. spending money on all kinds of infrastructure for our restaurant. 40 different infrastructure. david: the idea, the big corporations always get the tax cuts, the little deductions because they have a team of lobbyists and countants that can work iout for them. small guys don't have it. they pay much higher rate. the idea level the playing field, get rid of deductions for the big guys. bring the rates down so it will level playing field between the small guys and big guys. you think they're on to something? >> without a doubt the concept is brilliant. the concept is brilliant. the devil in the details. i'm trying to manage my expectations, people's expectations. and where are my heart and desires go. so, yeah, it's a great start. so you start on negotiating level where he is at. david: right. >> if we got half of it to your point, i would be ecstatic. david: there is simplification aspect of it. they said 7 billion man-hours yesterday. we spend at least 6 billion man-hours dealing with taxes in the united states. that is everybody involved, whether it is individuals or accountants and everything, just to put that in perspective, 6 billion man-hours for taxes. it took 22 man-hours to build thing in the world. what we can do if we simplified the procedure and how much money that would save you? >> huge, all of it is huge but again i'm trying to manage my expectations. reality is in the devil is in the details. some of it will be recovered with repatriation. trillions of dollars out there. i think you said in your previous segment, apple has i don't know how many hundreds -- david: apple has $250 million over says or billion dollars overseas. google has about 118. >> millions to go back and back into our economy but the hard decisions are yet to be made with regard to the safety nets, with regard to the social programs. david: yeah. >> with regard because that is where bulk of our money is going. david: if only get half that would be great. >> that would be great. david: melissa. melissa: intel shares sinking 3% reporting first quarter results despite the earnings beat. the chipmaker reported lower than expected revenue for the quarter as data center business missed estimates. david: protecting our nation's heroes. president trump is planning to hold the department of veterans affairs accountable. fox business will bring the president's comment live as soon as they can happen. you see they are just setting up for that. melissa. melissa: next lieutenant colonel oliver north, and taya kyle, the author of "an american wife" how president trump can help those who serve us. >> we'll fight each and every day to deliver the long-awaited reforms our veterans deserve and protect those who courageously protected each and everyone of us. us. ♪e though. she wants to stay in her house. i don't know even where to start with that. first, let's take a look at your financial plan and see what we can do. ok, so we've got... we'll listen. we'll talk. we'll plan. baird. listen up, heart disease. you too, unnecessary er visits. and hey, unmanaged depression, don't get too comfortable. we're talking to you, cost inefficiencies and data without insights. and fragmented care- stop getting in the way of patient recovery and pay attention. every single one of you is on our list. for those who won't rest until the world is healthier, neither will we. optum. how well gets done. you may sometimes suffer from a dry mouth. that's why there's biotene. and biotene also comes in a handy spray. so you can moisturize your mouth anytime, anywhere. biotene, for people who suffer from dry mouth symptoms. othe newly advanced gle can i'm csee in your blind spot. onboard cameras and radar can detect danger all around you. driver assist systems can pull you back into your lane if drifting. bye chief. bye bobby. and will even help you brake, if necessary. it makes driving less of a production. lease the gle350 for $579 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. s. david: taking a quick look at companies that reported earnings earlier this hour, google, of course the parent company alphabet, seeing gains of over 4%. it beat on both top and bottom lines. the tech giant also reported better than expected ad revenue. that is its key. amazon shares, my god, they're through the roof, soaring after reporting better than expected revenue and profit. saw first quarter profit rise 41%. melissa: all right, breaking news any moment now. president trump will sign an executive order to improve accountability at the department much veterans affairs. fox business's adam shapiro standing by at the white house with the latest on this adam. reporter: melissa, this is an executive order that will create an office within the va that will essentially be reporting about whistle-blower comments but also attempting to ease the current overload at the va as well as abuses that might take place and possibly make it easier to fire va employees who are falling short on the job and not taking care of the nation's heroes, the veterans, who deserve care at the va. now you know the president already elevated through an executive order the ability of veterans who need care to either seek their own doctor, if they happen to have an emergency or if they have been on a waiting list for 40, if they have been on a waiting list more than 40 days or live 40 miles out side of the nearest va. the other thing this will do is give protection to whistle-blowers because after the scandal in phoenix years back there has been promises to fix the va but that has not come up to speed the way it should. the president signing the executive order will be attempting to do that. one other executive order he signed today had to do with aluminum, whether or not undercutting of prices by foreign aluminum producers and their governments put our nation at risk because we need high grade aluminum to make high grade aircraft. melissa: adam, thank you. david: that is david shulkin, administrator of the va. we have oliver north, host o "war stoes" andife of navy seal chris kyle, taya kyle. you must have gone to vas where you see substandard health. you saw it at any hospital but the key, the administrators bureaucracy between the health care provider and the veteran. that is what donald trump is trying to narrow down and get rid of the bad stuff. do you think he is on to something? >> i always said if there was anything i could do to the va, help patients at va i would do it and be on it. i have documents that i kept such copious notes on problems that cruives and i had with the va. if you're healthy it is great. i'm sure a lot of great employees who work with the va but this is to tell you, in texas we have the texas veterans commission. their sole purpose and whole department office in the same bidding as the va their sole purpose is to the fight the va on behalf of veterans because it is that bad and that difficult. david: wow. >> i could tell you horror stories driving two hours down to the regional office, talking about things i tracked, mailed in and in documents, oh, well, we didn't get it. i have signed by this person here. not our problem. just on that minute level you have to drive it down, let alone health care or doctors appointments are canceled waited months to go, there is no accountability for it this is overregulated agency with multiple problems. it will take a lot to fix it. this is good start. david: colonel, bureaucratic dead weight that is the problem. to empower whistle-blowers more than already are, it has been tried before sometimes greater or lesser extent. is that enough to get rid of the bureaucratic dead weight as the va? >> as you said and as taya affirmed, there are fine professionals in the va, doctors, pas, nurses, met dix, who are as frustrated of those that need the system. i'm one of those 21 million veterans that will be helped by this the system is the problem. they will not necessarily be healed instantly by executive orders. even veterans choice program like taya is saying like so much rest of the va, bureaucrat i can delays, botched paperwork, missed payments. vaig reported shortage of life saving equipment like vascular patches, dialysis tubes at washington here in washington, d.c. of the director, dr. shulkin, canted fire him. reassigned director who should have been fired. these fixes are coming. there needs to be legislation mandating by law changes being directed. david: colonel, sorry to big foot you here, the vice president is about to speak let's lessen in. >> thank you for that gracious introduction. more importantly thank you for the outstanding leadership here at department of veterans affairs. the american people and our president and our entire administration are grateful for your dedication to our vettance. -- veterans. i want to thank you all of you here today. i want to thank members of the united states senate and congress with us, particularly the chairman of the senate veterans affairs committee, senator johnny isakson, congressman phil rowe chairman of house veterans affairs committee. it is accurate to say in the congress of united states support for our veterans is truly unifying and bipartisan cause. join me in thanking you have a of these members for their work for our veterans. [applause] most of all thank you to the veterans here with us today, to their spouses and all those who are here to honor them. this is an important moment. in the life of the va anin the life of this nation. we owe a debt of drattude to those who served in uniform that we can never fully repay. today you see in the president's actions one more installment in that debt that we will never be able to repay for those who have paid the sacrifice of wearing the uniform and the american people are proud and grateful for it. david mentioned a moment ago, i, my life did not take me on a pathway to wear the uniform of the united states but i'm the son of a soldier, and i'm the proud father of a united states marine. i can tell you it is the greatest privilege of my life to serve as vice president to a president who cares so deeply about our military and about the men and women who have worn the uniform of the united states. [applause] from the outset of this adminstation president donald trump has been hard at work to keep his promise to rebuild our military, restore the arsenal of democracy and to insure that those who were part of the greatest military on earth have access to world class health care. not long ago the president signed into law the veterans choice program extension and improvement act moved forward by members about congress who are with us today to empower veterans to get the care that's right for them. in nearly 100 days the american people have seen a level of energetic leadership that has you made a difference. more than 500,000 jobs created, a record number of bills signed. more since 1947, but i can tell you knowing him well, serving with him closely, that the legislation a president is proudest of, and progress he is most anxious to see has been the progress for our veterans and we'll make one more installment day th the stroke of a p, the president will take another crucial step to providing our nation's heroes with access to real time world class health care. and so i say with gratitude for his boundless energy, for his commitment to those who serve and those who have served our nation in uniform, it is my high honor and distinct privilege to introduce to you, my friend, and a friend to every veteran in america, the president of the night, president donald trump. [applause] >> thank you very much, and mike, you've been so magnificent as our vice president. we very much appreciate it, thank you very much. i'm pleased to be here, we're joined by some members of congress, it has been really a fantastic period of time for me, and i'm honored also to be at the department of veteran affairs because i will tell you, this has been something right from the beginning of the campaign, does not get anymore important for me than making life really great for our phenomenal veterans, that i can say. so we're sharing a stage with a lot of great people and a lot of great friends. a couple of my friends are out in the audience today. ike perlmutter, lori perlmutter, where are they? where are they? where are they? these are incredible people, inedly successl people, anthey just have an a affinity for helping veterans and for helping david. i want to thank you. dr. moscovitz also. [applause] we'll protect those who protect, we'll protect the people that are protecting us. first of all, secretary shulkin, and i call him the 100-0 man because in a totally obstructionist group of democrats, we say that with affection, he got not only the republicans but he got all of the democrat votes and won 100-0 clip. boy, i know they know. i hope they know. [applause] david is doing a phenomenal job. he was voted unanimously out of the united states senate and he has worked ever since then day and night to reform and improve the va. i'm also pleased that we're joined by some members of congress. we have with us senators ernst, where is joanie earns? where is joni? what a tremendous woman. [applause] she knows more about veterans anybody. thanks, joanie. really appreciate. senator isakson and moran, senators thank you very much. [applause] senator moran, and senator tester. thank you, thank you all. [applause] along with congressman arrington, bergmann, dent, roe, wenstrup, i look forward to serving withou, these democrats or republicans they are here to help. we'll make this so good. this will be one of our crown jewels. it is happening already. as part of that process, secretary shulkin has carried out a really thorough review and he had some very inside understanding of the va because he has been here, but a thorough review of the va to uncover all the problems and challenges that we inherited of which there are so many. based on those findings, we're putting plans into place to fix those problems, and give our veterans the health care they need and the health care they deserve. they were so for me during this recent election and i can promise them and they know it is going to happen, we're not going to let them down. we have a team the likes of which has never ever been assembled. that includes outside people who are so brilliant, and so good, like ike and lori. and they're helping us. and they don't fail. much work lies ahead, but we will not rest until this job is totally done. during these first 100 days, which as you know i've been saying there is a very extreme emphasis placed on these 100 days, joanie. it is not quite as big as they're saying, we laid a foundation. had a lot of legislation passed which nobody understands, i think it is 28 bills at this moment. somebody said by the time it ends, 32 bills. tremendous legislation but we already made huge strides to improve the va. and the va services. we've imposed new stdards of accountabity and transparency, including a new website that publishes wait times at every va hospital. and this is a website that works. this is not the 5 billion-dollar obamacare website. do we remember that? nobody remembers that. does anybody remember the $5 billion website? no, i don't think so. we don't have to remember it anymore. we implemented same day mental health services at all 168 va medical centers, so veterans in crisis can find help at the va without any delay. last week i signed the veterans choice improvement act, very proud of that, so that more veterans can see the doctor of their choice and don't have to travel long distances or wait forever for va care. they were waiting in lines for seven days, eight days, nine days, two weeks. some instances were horrible. they were waiting so long they had a very curable problem, and they die before they got to see the doctor. it is not going to happen any longer. already this year, using the choice program, veterans have received 42% more approvals to see the doctor of their choosing. but that is just the very beginning of what we have planned. so much more is coming. today we're taking another bold step forward, i'm signing an executive order, to create an office of accountability and whistle-blower protection at the department of veterans affairs. [applause] this executive order makes it clear that we will never ever tolerate substandard care for our great veterans. with the creation of this office, we're sending a strong message, those who fail our veterans will be held for the first time accountable. at the same time, we will rewarded and retain the many va employees who do a fantastic job, of which we have many. i will tell you, some of the doctors in the va, i have heard it from so many people, they're the finest in the world. these are great, great, people. we have to get our vets to those doctors, but we have some of the finest doctors in the world. we have also some of the most honest employees, and some of them expose wrongdoing, and we will make sure that they're protected. we're calling on the senate to pass legislation to give the secretary the authority he needs to insure all va employees are held accountable for how they treat our veterans. today's action is historic but only the start of our reforms. our veterans have secured this nation with their blood, sweat, and tears, and we will not let them down. these are our great, great people. we will always stand with those who stood for freedom and who stood for us. they have protected us. they have made it all possible. and now we're going to protect and take care of them. [applause] so i would like to thank david and his family and all of the people that are working so hard at the va. they haven't had enthusiasm. david was telling me like this for many, many years. and the vetenssee what's happening beuse i'm getting so many difrent messages through all forms of communication of which we now have many. but they're very, very happy, very pleased with what is going on. so, david, we want to god bless you and your family, we want to wish you a lot of luck. you have a lot of talent. but you have a big job ahead. i want to wish everybody godspeed and we will do a fantastic job at the va, rest assured. thank you very much. we're going to sign right now. thank you very much. thank you. this is improving accountability at the va. important steps are being taken. [applause] melissa: this is president trump signing executive orders aimed at improving accountability at the va. are you hopeful about this, colonel north? >> yes, if congress actually makes this part of the law so it wot be abandoned should the administrations change in if the near future. but there has to be a hiring policy that says vets first. veterans will take care of veterans. number two, start firing alternatives to psych ropic meds for fighting ptsd. and streamline medical records. i give you the case of a ma renal amputee who has to drive 4 hours to prove he has a prosthesis only to find out the va doesn't have the parts to fix it. melissa: it's hard for me to accept it's going to get fixed, the system the way it is. we have to do something radical. >> i agree. government was never intended to be the provider of healthcare for any of us. and they are showing they are not capable of it. the va is an example of how government-run healthcare works. colonel north gave one example of many. chris and i, i can tell you one of the most powerless times we had in the military were our interactions with the va. i have a list 10 pages long of bullet points documenting what anybody would find frustrating. mel require's heartbreaking and it wrong thing for your veterans. thanks for joining us, we appreciate your time. >> the key is givingeterans a choice. >> if they want to go to the va, let them go to the va. melissa: tomorrow i'll be at the villages between 1:00 and 3:00 signing my new book. here is "risk and reward." >> everybody run. the media? overdry fear mongering about president obama's tax cuts. >> let's call it a short list of goodies. the trump administration unveiling its tax cut wish list. it's thin on details.

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