White house whether the president sticks to that. A lot of people think the president is throwing out a negotiating ploy here. Im taking at his word likes he doesnt want to do it virtually. I dont know what the alternative can be and next debate further back. What are you hearing . Reporter keep in mind, neil, this all happened very quick. The commission on president ial debates this morning said the next president ial debate would be virtual. Moments later President Trump appeared on Maria Bartiromos show, no, no, he will not be involved in that at all. The campaign clearly took the cue from the president they then put out a statement saying instead the president will hold a rally that evening. Joe bidens campaign has just come out and said instead on that evening biden will speak and take questions from voters as the debate was supposed to be a town hallstyle format. Here were first reactions from President Trump and joe biden this morning. Watch. President trump no, i dont want to do a virtual debate because a virtual debate is joke. There is no reason. Im in great shape. Unlike joe i dont have the luxury staying in a basement all day long. We dont know what the president will do. He changes his mind every second. For me to comment would be irresponsible. I will follow the commissions recommendations. If he goes off to have a rally, i will, i dont know what ill do. Reporter also during his interview, also during his interview with maria the president seemed bullish on the prospects of stand alone bills during the negotiations for covid relief measures. Here was the president saying that the talks have been productive. President trump we got back. We started talking again. Were talking about airlines and talking about a bigger deal than airlines. Were talking about a bigger deal with 1200 per person. Were talking about other things. Reporter however here in washington moments ago House Speaker nancy pelosi said there will be no standalone bill whatsoever. Let me just be really clear, i, i have been very open to having a standalone bill for the airlines or part of a bigger bill but there is no standalone bill without a bigger bill. There is no bill because you, you asked the second question, why should we do one not the other. Reporter neil, pelosi was very clear, saying there aint going to be a standalone bill a second time. As weve been saying here for a while now, whether you talk about a big bill or several broken down smaller measures, more targeted measures, it is still hard to see how both sides at this point come together on something . Neil . Neil blake burman, thank you very much. Blake burman outside of the white house. Regardless of stimulus where it goes, well chew on that a little bit here, last night Vice President ial debate still getting a great deal of buzz. Im not talking about the fly. Im talking about the fear at least among some that could be it. That could be the last debate and the other two never come to pass. Hillary vaughn right now in Salt Lake City with the aftermath on all of that. Hey, hillary. Reporter hey, neil. Democratic nominee joe biden has made a consistent Campaign Promise to repeal President Trumps tax cuts but on the same hand he is also promised that any american making under 400,000 a year will not pay a penny more in taxes under his administration but he really cant deliver both because the trump tax cuts gave middleclass families on average 780 bucks more in the first year. Last night Vice President mike pence tried to get a straight answer out of senator Kamala Harris. Will the Bidenharris Administration raise taxes day one in the white house. Or not. The truth and the fact is joe biden has been very clear he will not raise taxes on anybody that makes less than 400,000. He said he would repeal the trump tax cuts. Mr. Vice president im speaking. Im speaking. The important thing is you say the truth. Joe biden has said twice in the debate last week that he would repeal the trump tax cuts. That tax cuts gave average working family 2,000dollar a tax break every single year. That is absolutely not true. Reporter even with bidens plan to not repeal the part of trumps tax cuts that applies to anyone making less than 400 grand, the Tax Policy Center at the Brookings Institute still found taxes would go up for everyone under bidens tax plan, taking all of his taxes into account. Middle income households would pay 200 more every year in taxes. And the lower income tax bracket would pay 30 more but low and middle income families would pay in another way. The Tax Policy Center found any new tax credits biden promises in his new plan would be overshadowed by their drop in wages and investment income. Another thing, the Tax Foundation estimates that bidens tax plan, h it puts bulk of tax hikes on businesses would lead to loss of half a million americans losing their jobs. Neil . Neil hillary, thank you very, very much. My point of explanation that 2,000dollar impact for individuals and families that is borne out by number of studies. Factchecking there. The Vice President was right to say that, that is the average gain of the average american family, 2000. Now the outcry among democrats is that those cuts were tilted towards the rich. Now that is an argument for another day but the fact of the matter is, that issue, that she was raising was in fact accurate on the part of the Vice President. The other becomes one maybe of semantics. If you want to junk all the president s tax cuts then presumably they would be junked for everybody and that would mean that it would be limited to just those making 400,000 or more who would have to fear a tax hike. But besides the semantics here, there is the issue of raising taxes period in an environment like this and something we were hearing that the president was keen to address in an upcoming debate that might not happen right now. Charles payne with us, making money host, bestselling author, know noelle nikpour, republican fundraiser. What kind of activity were you seeing from those that give money after the debate . First of all a lot of my donors thought the debate was very civil, they were very pleased with that but they were also very upset with a lot of the questions that they felt senator harris was flatout dodging. Pences performance when he was pressing her on the court, on the economy, and other issues i really felt like they thought that he had a stellar performance and they were very happy. Youve got to remember, these are the people writing the big checks to the superpacs. If theyre happy, that means that they will be more inclined to keep giving especially with some of the states that are pretty tight. Neil you know, charles, whatever the president s anger over the idea of a virtual debate, it beats no debate. Thinking if youre the guy behind in the polls, the trend is not been his friend. Is it to his advantage to have a debate . You know, its tough. As noelle just pointed out the moderators can really play a, i think they play too much of a factor now in these debates. Moderator with the ability to hit a mute button could embarass President Trump in a way that would actually hurt his chances. I think a more level Playing Field is to face, traditional, in traditional manner. Actually getting rid of the moderator might be consider going at some point. You know, one thing i did learn last night though, neil, whenever, says let me be clear, you are not going to get a straight answer. Either way well see what happens. [laughter]. But, i think i to your earlier point i do believe President Trump yay. He wants a debate but he wants to do it facetoface. Neil right. It is interesting too, the debate and the role of a moderator, we didnt have one. Lincolndouglas, they did not have a moderator back then, a series of long debates. Who knows. Maybe that is the way to go. Noelle, im wondering whether the folks you talked to, back to the polls, this angers some folks even if there is even a modicum of truth to the trend the president , republicans should be worried. Im just wondering now, given the widening gap even some of these battleground states, albeit nothing compared to the National Popular vote gap, it is still outside the margin of error in a lot of these places. Which means that this long Election Night that could go into weeks and some people have been talking about, it might be wrapped up quite early. Do you, do your people talk to see that as a possibility . Yeah, you know, neil noelle, im sorry about that. Charles, i will ask you the same question if we can fix the problem with noelle. The idea that are we braced for the possibility that maybe the consensus is wrong again but the other way . The president loses in a landslide . Well you know, youre asking noelle about how concerned the trump camp should be. I think there are two anticipates for that. Yes, and hell yes they should be concerned. It is about the trends, overall polls, constructions how the questions are asked are always specious i do believe that. If youre running a campaign this close to the election you want trends to be moving in your direction. It is interesting because i am hearing more investors talk about maybe the notion just knowing who the president is, not having a messy outcome, not having civil strife and constitutional crisis, you know, being something of a more soothing element than it was just two weeks ago, also the market is starting to trade in a way where youre seeing infrastructure stocks do well, starting to see focus on things that would do well, perhaps no matter who won. Infrastructure considered. Stimulus, Consumer Discretionary considered there. A bailout for the airlines before nancy pelosi moment ago. Industrials are up higher. We are seeing trends in the market in the last few sessions that sort of reflect an outcome that could do well on the either candidate. Of course that leave as wide swath of the economy and stock market but we are starting to see penetration there. Neil if we dont get stimulus, charles, it doesnt materialize what do the markets do with that . Were going to sell off. Listen, august, wall street, Gave Congress a pass in august because it was assumed they would get their act together. The fed minutes came out this week. They assumed congress would get their act together. When we hit september, and all of sudden it looked like maybe these people could actually blow this, the stock market sent a very strong message and there is no stronger messenger in this country than the stock market. It could push around any president , any congress person. Any big business. It pushes around the federal reserve. The stock market when it swoons the way it was swooning in the early parts of september was sending a loud and clear message, get your act together. I thought Congress Heard it. Well see if that is true. Neil Charles Payne, thank you very, very much. Nancy pelosi is sort of again clarifying earlier comments she made about what she expects to see, she is open date for the airlines. It better be attached to Something Bigger. She is always optimistic. Hopes the administration can comeback to the table and soon. Coming back to the table on idea of participating in the next debate, president s made it clear it visiter all virtual, wants no part of it. History shows we have a precedent for it. Back in 1960, the third president ial debate between john kennedy and Richard Nixon. Abc was carrying it. John kennedy was in abc studios in new york. Richard nixon in abc studios in los angeles. Here is the kicker. People who watched that debate said the republican, Richard Nixon won. More after this. President trump the regeneron, i view it as cure, not just a therapeutic. I view it as a cure. Its great. What im doing, i will supply this drug. It made me better, well high praise from the president of the United States for regeneron, makers of the antibody cocktail treatment if you will. The treatment that the company is trying to get emergency use approval from the fda, it will probably get that im told, the stock jumping right now. Dr. Fauci weighed in on this, it is reasonably good chance that reagain rons antibody therapy has indeed help make the president better. Regeneron. The race for the vaccine of any sort everyone has their eyes on, Shauna Glazer and, erin gibbs, gibbs wealth management. Erin, the gungho endorsement by the president , a good view from dr. Fauci, now the push the fdfda, misdemeanor use for treatment. What do you think . I think this has greater impact that than people might initially assume. We would say oh, well the treatment is only useful once we have a vaccine but that isnt the case. Right now, almost all the vaccines are in development. Theyre only looking for about 15 efficacy rate. Only curing or vaccinating about 50 of the people. So covid will be around a lot longer than most people expect. And so having valuable antibody treatment, this is a product could be generating revenues and useful for saving lives for years, if not decades to come. So i think thats what, not only having emergency use right now until we get the vaccine but really has a great impact for regeneron over all. The stock is not overpriced by any means. So i think if youre looking for investment, this is a really Impactful Company out there. Neil you know sean, something apparent to me, it is dangerous because im not a doctor, but this notion that you might not have absolute vaccine cure per se, but as much with aids in 1980s and 1990 east would slow the progression. That might be a an arc that we would get to a vaccine. What do you think of that . It is changing the landedscape a little bit . I think that is the key point. The president s recovery is great indication there is a therapeutic out there that can lessen the severity or minimize the potential for death. I think that is obviously significant. I think that is stage one. Stage two will be today, there are too many people today if you get infected with this virus youre going to die. Phase two will get tote point where people feel more comfortable back out, intermingling, going back to business as usual. That part of the equation is going to be really laid at the hands and feet of businesses. The way businesses operate Going Forward, whether an restaurant, airline, hotel or an office building, they have to get to the point where people feel safe going out that will happen after the effect of this regeneron story. That might take a little bit longer than we would like. And then my worry long term as it relates to that, what is the cost going to be Going Forward for businesses in terms of how they operate with new protocols in place in order to make people feel safe and is there a productivity drag as a result of that . Neil im wondering to that point, erin, if we delay stimulus, whether youre a plan of that or not, the market certainly wants to see it, they ride up and down depending how close it looks we are or not. Im wondering now if it doesnt materialize or it is delayed until well after the election then what . Yeah. So wall street has really been hoping on that, that stimulus and you know, just expert after expert is saying we need this injection in order to really not have a second downturn. So certainly delaying it after, after the election as long as it comes, as long as this hope, wall street is very good about being hopeful. The longer it takes the more businesses go out of business, the more people made off, the longer this recovery is going to take. It really is important that this happens as quickly as possible so that we stop sort of the bloodletting right now were seeing. I will say that with regeneron another positive they have been a leader in ethical pricing when it comes to drug prices. I think that is another positive in how people might view this Going Forward as a treatment for this, for this virus that is probably going to be with us for quite some time. Neil you know if it is with us for quite some time and there are other reports and studies that lay that out as a distinct possibility then i guess the issue becomes, sean, what can or should the government do to treat it . What if we have a switch in government here and a new president , a new congress, all of that, will it make a difference here . Wall street must look at the same polls we all do and doesnt seem either particularly concerned or said, we can make money either way, i dont know, but what is your thought on that . Well i mean i think you have to sort of diametrically opposed views how to handle this. I think the president , his message is we shouldnt let it continue to frighten us and we should try to figure out a way to safely go back to work to open up the economy. On the other side of the aisle i think theyre more prone to continuing lockdowns. And so that will be the interesting thing to watch as we sort of moved closer to the election date. And on the stimulus package, you know were a consumer based economy, neil and, there is a lot of people out there hurting and those dollars that they might normally spend consuming are not variable to them. So that is going to have a negative effect unless that gets fixed. The second piece of it that really troubles it more than anything. There will be a lot of stories down the road of things we didnt think about. We have americans dipping into their savings to survive now, 10, 15, 20 years, they will be in a lesser position with regard to retirement savings. So we have to figure this out quickly. Obviously the virus is a serious issue. Obviously the deaths are unacceptable. But there are Bigger Picture stories i hope some point start to move closer to the top of the debate. The impact of this thing is really atrocious to the average american. Neil erin what do you tell your investors . Were in the middle of all this craziness. It is election ye