Transcripts For FBC Lou Dobbs Tonight 20171223 : vimarsana.c

FBC Lou Dobbs Tonight December 23, 2017

Administration. The United Nations Security Council voting to impose sanctions on north korea. Attorney general Jeff Sessions order egg a review look at new allegations the Obama Administration gave a free pass to hezbollahs Drug Trafficking and Money Laundering operations to secure the iran nuclear deal. John roberts has our report. President trump gave i fist bump gave a fist bump when he stepped off air force one today in florida. President trump its a tremendous thing for businesses, the people, the middle class, the workers. And i consider this have much a bill for the middle class and a bill for jobs. Reporter democrats continue to slam the plan as terrible for the country. Republicans took a victory lap because they successfully sold americas childrens future. Reporter two more corporations announcing benefits for workers. Manning out christmas bonuses to 55,000 employees. New England Patriots owner bob kraft called the president yesterday to say he supports the bill. President trump hes going to buy a big plants in the great state of North Carolina and build a tremendous paper mill, Paper Products plant. Reporter President Trump invoked the name of Ronald Reagan saying his is bigger than Ronald Reagans. Trump claims to have signed more legislation in his first year than even harry truman. Second now is harry truman. Reporter the president will spend the night at maralago. President trump wants to get bipartisan byin so infrastructure will most of likely go first. President trump infrastructure is easy, people want it. Reporter immigration and welfare reform will be a much harder sell. Democrats are expected to give the president little or none of what he will ask for. The 2018 elections were front and center the same day President Trump celebrated the passage of tax reform. Sources tell fox news the meeting grew heated when lewandowski rangt alarm that the president wasnt being wellserved by the political operation at the white house and changes need to be made. Reince priebus told the president the same thing. A gop operative tells fox news there needs to be better coordination on communication. When the white house is in a political knife fight, it needs air cover from the rnc. One source said the rnc is a disaster. The president needs to dump that place and start over. Republicans fear a bloodbath next november unless something is done to change out the strategy. Gregg President Trump blasting the Fake News Media tore failing to talk about many of his accomplishments in his first year in office. He has a partial list. The president repealing the obamacare individual mandate, opening up arctic drilling. A record stock market, rollback of obama regulations. 1. 7 million new jobs created. The gorsuch con fish nation, the travel ban is now in place. The Keystone Pipeline and Veterans Affairs reform. Joining me, the former republican congressman from utah, jason chaffetz, now a fox news contributor. You think he exceeded expectations. Does that mean he exceeded low expectations or went beyond his agenda promises. In the First Six Months it was a rocky start because the republicans in the house and senate were doing a political face plant. They were running into each other and defeating each other even when they didnt need democratic votes to have republican victories. Thats less of a blame on trump and more on republicans having the levers of power. In its own strange way, the failure got them to collectively come together, be united and say we have certain political death if we dont pass tax reform. Gregg it was a wakeup call to them, i think. Everybody is talking about a huge tax cut legislation, the president signed it into law. That gives him enormous momentum. You and i know momentum can be fleeting. It will evaporate like rain water on a sunny day. Can he carry this forward . It becomes more difficult on january 19 when you have to fund the government. They passed a continuing resolution. The republicans want to institute their policies, democrats want to thwart activity of the republicans. And you dont have the reconciliation tool where you have to get to 50 votes. It becomes much more difficult, particularly in the senate. When you take on some of the more contentious discussions like daca, immigration and how to fund the government, infrastructure is not going to be as easy as the president reports because we just sente spent nearly 100 million on hurricane relief. Gregg some infrastructure rebuilding was destroyed. I want to ask you about the breaking news story. Attorney general Jeff Sessions is going to open an investigation into this report. The Obama Administration gave a prepass to the notorious Terror Group Hezbollah over Trafficking Cocaine into the u. S. As well as Money Laundering. Politico has done a Pretty Amazing report with a lot of verification behind it. Its absolutely warranted. They need to provide congress the documents its been asking for. But it sounds as if werent department of justice we are making progress on hezbollah. We are importing cocaine into the United States. That smells a lot like fast and furious which we saw at the beginning of the Obama Administration. Maybe they learned their lesson. Gregg how many lives are lost and died of cocaine overdoses. President obama allegedly said give them a free pass, we really care about iran. Much of the news this year has been the special counsel Robert Muellers investigation. How concerned are you that this special counsel himself, his team is riven with conflicts of interest and the entire investigation is tainted by bias and maybe corruption, and fairness cannot be achieved . I think we moved beyond the idea that bias which i think is well documented and pretty yell understood from senior people on muellers team within the department of justice. I worry we are into this collusion category. Its not trumps collusion with the russians. We are worried about collusion with the Hillary Clinton campaign and i also worry after the election what did they do, particularly bruce ohr and his wife, the news gps age. There are so many different facets to this story. It should worry everybody. Thats not what justice looks like in the United States of america. Gregg does there need to be a reopening of the investigation into the hoik email scandal give what we learned about peter strzok who changed the language to absolve her. Given his role in the russia investigation, then jumping into the mueller investigation. This was a guy sending out texts of hatred and denuns yaition of President Trump and avidly supporting Hillary Clinton. If he used political bias to interfere with the justice. Isnt that obstruction . I have not been a fan of putting into place another special counsel. I would hope everybody would understand inspectors general come with a lot of weight. Michael horowitz has 450 employees. Something like 100 million budget. He has been looking at this since january. You have not seen leaks. They have been doing their work. Poring over a million documents. That should be the definitive view. Membership ally gentleman cummings and i both wanted to see what the Inspector General would come up with. Come march we should have it. Gregg do you suspect the antitrump dossier was perhaps illegally used to gain a fisa warrant to spy on Trump Associates at the hands of the fbi doing the fisa warrant application and spying, then used as the basis for launching the trump russia investigation . Certainly if you have listen to congressman jim jordan, thats the question. When it was put to director wray and rosenstein at the departments of justice they wont answer that question which should bed the flashing red light it very well may have been its a bogus document funded in part through the Hillary Clinton campaign. Democratic operatives. You have the dnc partially involved here. And nobody seems to want to answer the questions, nor are they giving the house and Senate Intel Committees the information they need. Gregg when a guy says i know the answer but i with wont tell you, that means answer is yes. It was used to gain the warrant to spy on Trump Associates. President trump celebrating his first major legislative win. A tax cut for hardworking americans. President trump they will start to see that in february. The numbers will speak. Gregg well take you have the president s big victory with steve forbes. Companies showering their employees bonuses because of trumps tax cuts. Well have more on trumps soaring economy next. [lance] monica, it is absolute chaos out here gale force winds, accumulations up to 8 inches. Dont know if you can hear me, but [monica] whats he doing . [lance] can we get a shot of this cold front, right here. Winter has arrived. Whooo hahaha [vo] progress is an unstoppable force. Brace yourself for the season of audi sales event. Audi will cover your first months lease payment on select models during the season of audi sales event. When youre clocking out. Sensing your every move and automatically adjusting to help you stay effortlessly comfortable. I can even help with a silent night. Does your bed do that . I dont actually talk but i can tell you how you slept. Im the new sleep number 360 smart bed. Lets meet at a sleep number store. It can detect a threat using ai, and respond 60 times faster. It lets you know where your data lives, down to the very server. It keeps your insights from prying eyes, so theyre used by no one else but you. It. Is. The cloud. The ibm cloud. The cloud thats designed for your data. Ai ready. Secure to the core. The ibm cloud is the cloud for business. Yours. Retail. Under pressure like never before. And its connected technology thats moving companies forward fast. Ecommerce. Real time inventory. Virtual changing rooms. Thats why retailers rely on comcast business to deliver consistent Network Speed across multiple locations. Every corporate office, warehouse and store near or far covered. Leaving every competitor, threat and challenge outmaneuvered. Comcast business outmaneuver. Gregg the trump tax cuts already paying dividends for the holidays. Bank of america became the next company to pay a 1,000 bonus to its employees. The president said our big and popular reform bill has taken on an unexpected new source of love. Big companies and corporations shower their workers with bonuses. This is a phenomenon nobody even thought and now its the rage. Merry christmas joining me steve forbes. When it comes to matters of taxation. I think you are the true expert expert with your knowledge of tax systems. This will do more good than harm. It lowers the burden on people, lowers the burdens on businesses. People will start to notice early next year that their paychecks are going up. And the good thing about having an investment oriented tax cut at the beginning means their paychecks in the future will rise. So they wont stagnate too much as they have done the last 10 years. Gregg the media repeats that this is a tax benefit that only benefits rich americans. What do you say . Steve i talked to some people in new york and california and their tax burden will guy little bit because they dont have the deduction of state and local taxes. We have been going 2025 miles per hour, now well get it up to 4050. What the wruch cans should do and i hope the president does it in his state of the union. Put it out there that there is more to come. Gregg especially the when we see it work. Steve the federal government will always do fine. The key thing is, is it good for the American People. One thing you will see, pundits will have to explain why even though the tax cut seems to be working it really isnt. Gregg why is it polling so badly . The numbers are not good. Steve this is where the republicans have to get their messaging right. The only thing people have heard is corporations are going to get a cut and most of peoples taxes will go up. Most of people think their paycheck tax are going up. By taking away obamacare fines for working people, 30,000, 40,000 a year. Thats a 595 raise. That means something to people. They dont have to pay that anymore. Gregg people may be saying if you cut taxes it means less revenue for the federal government. In the long run treasury revenue will actually increase. The only way treasury revenue increases is when the economy is booming. John kennedys tax cuts. Whenever you reduce burden on people so they can focus on doing real things instead of getting around the tax code or wondering how they will cope with this regulation or that regulation. And we have had a balanced budget in the late 60s with the john kennedy tax cuts and the late 90s when we ron the cold war. The government revenues really soar. So if you do a few things right, the American Economy responds. Gregg im waiting for the billions of dollars in corporate money which is held offshore because of the uncompetitive prohibitive high Corporate Tax rate which will drop down to 21 . What will happen . They wont have to leave the money over there because they are going to get punished. We are the on company in the world that taxes profits you make overseas. By removing double taxation you will get a lot more money coming in. Apple has over 250 billion in cash. They float 100 billion of bonds. Taxwise it makes sense. Get rid of these artificial influences on behavior that dont contribute to economic growth. Gregg the president is talking about structure spend as his next big economic goal. Thats an idea thats been largely dormant in 2017. Good idea . Why would it be a good idea if it is . Steve if you want bipartisanship, nothing like dangling money. But they will do something there. But i hope they koiment with requirements that states remove barriers to building bridges, repairing highways so you dont have to wait for 10 years of studies and commissions and lawsuits so you can get to it. Gregg the president has been expediting a great many things by reducing regulars leg laces. Reducing regulations. Steve all this is good stuff. Remove these artificial weights on people. Imagine trying to run a marathon if you have a 50pound pack on your back. One of the things im glad the president is focusing on infrastructure. It means they wont focus on medicare and social security. You dont try to tackle those things in an election year. It will be a loser. And they are positive ways to do it without the root canal work. Gregg you are promising to come back next week and well talk about that. On wall street, stocks closed lower. The dow jones 28 points down. Volume on the big board not so much. 2. 3 billion shares. All three major indices posting weekly gains. New home sales hitting their highest levels climbing 18 in november. Bitcoin. Plunging nearly 30 today. So far this year bit coins up 1,000 so you are still ahead. A remind tore listen to loser board three times a day on the salem radio network. Coming up next, a win for the Trump Administration as the United Nations Security Council imposes sanctions on north korea. This an unprecedented challenge from a defiant state. So we leveled an unprecedented response. Gregg well talk about the many successes of the trump doctrine with cliff may. Dad promised he would teach me how to surf on our trip. 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