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Like -- my favorite example is theyre cutting the tax of -- 3.2% tax on investment income retroactively. now, you know, theres some argument you can make that you take meez tax cuts for incentive purposes. its just a grab, right? >> and also the president cant stop talking about the trump rally in the stock market. its not as if investors are disin sedi disincentivized right now. its not a health care bill. its kind of incidental. it has two main components. its a big tax cut for rich people and...

By the same token republicans will look at this and they will keep going back to the same play book. nancy pelosi. they have done that since 2010. it works pretty well. that is why the chairman of the national republican campaign committee, the n.r.c., in charge of electing republicans to the house of representatives put out a statement saying democrats threw the kitchen sink at karen handel and it still backfired on them. nancy pelosi is still somewhat toxic. >> bret: its not hard to make that ...

Lets see if it works in the fall or 2018. by the same token, republicans will look at this and theyy will go back to the same playbook. its called nancy pelosi. beat on nancy pelosi. they have done that since 2010. it works pretty well. that is why the chairman of the national republican campaign committee, the national organization inom charge of electing republicans to the house of representatives, he put out a statement that says, democrats through the kitchen sink at karen handel and it stil...

Fall or 2018. by the same token republicans will look at this and they will keep going back to the same play book. nancy pelosi. they have done that since 2010. it works pretty well. that is why the chairman of the national republican campaign committee, the n.r.c., in charge of electing republicans to the house of representatives put out a statement saying democrats threw the kitchen sink at karen handel and it still backfired on them. nancy pelosi is still somewhat toxic. >> bret: its not hard...

Skills gap in america today. and wisconsin is a pretty good example of that. you have got a very low unemployment rate of 3.2%, 17-year low in wisconsin. its a manufacturing kind of state. and they have got jobs available that they dont have skilled people to match. ainsley: what are some of the salaries of these jobs? >> on my show yesterday, we had the ceo of a steelmaker, big steelmaker, he says the average worker in his factories makes $83,000 a year. steve: whoa. >> including benefits. afte...

Gerri willis taking the pulse of all of that in new york. >> thats right, neil. thats right. you look at the dow and the drags on the dow here. tells story that youve been telling since the beginning of the show. yes, people are worried about the trump agenda, financial stacks getting hit hard here. goldman sachs representing 79 points that the dow lost. the stocks down 5.4%. jp morgan down 4%. big moves for these stocks. investors worried that the agenda wont come through, we wont get tax refor...

Record-high territory. you know, trading may have been muted, but emmanuel macrons victory in the french election sent the wall street fear gauge to its lowest level in decades. apple is the first $800 billion company after billionaire investor warren buffett said he nearly tripled his stake in the tech giant. the stock rose 3.2% to an all-time high, putting the market value above $800 bill, the largest of any u.s. company. apple shares have had a great year. if you own the stock, you know it....

Those dollars. >> he wont have to because this is a budget, like every other when ive seen in a decade that ive been here, it is dead on arrival at capitol hill. capitol hill is a huge morgue of presidential budgets. there is not one that croaked into life. their wish lists. they are expressions of ones interests in a way to respond to promises. the premise of this is defense. in the eight years under obama, we had a real destruction of the defense budget. obama came in, it was about 4.6% of gdp...

>> he wont have to because this is a budget, like every other when ive seen in a decade that ive been here, it is dead on arrival at capitol hill. capitol hill is a huge morgue of presidential budgets. there is not one that croaked into life. their wish lists. they are expressions of ones interests in a way to respond to promises. the premise of this is defense. in the eight years under obama, we had a real destruction of the defense budget. obama came in, it was about 4.6% of gdp. when he left,...

Forward but theres obviously more to the perspective on defense spending. >> youve got to put it in perspective. i saw the headlines before i came over. spike in defense spending, 10% increase. the perspective is the following: eight years ago, defense spending was 4.6% of gdp. today its 3.2%. thats a catastrophic collapse. thats a huge decrease. remember the stories that you had months ago about the cannibalizing of some of our airplanes to keep others in the air, the decrease in training. ther...