Congress. Will we get details on how the president plans to tackle our biggest economic issue, tax reform . Obamacare . Spending . Infrastructure . Of course, the military. Whats the plan to do that without ballooning the deficit further. Fair and balanced, republican congressman Michael Burgess of texas, a member of the doctors caucus, along with John Garamendi from california, yes, a democrat who attended the inauguration. Both will stand together sidebyside live to talk about their respective sides and whether they can Work Together for we, the people. All of congress may be in for a shock on this. Is the next financial crisis taking us right in the face . Could the sickening student debt bubble burst and ruin all of your investments . A fox business exclusive, former fdic chair sheila bair with us live how close we are to real danger. Shooting for lucky 13, right now the dow is down 27, that could mean nothing at all by the time this hour ends. Will we see another last minute turnaround that brings us to historic 13th record close . Dont you want to witness that happen . Might happen with less than an hour to the closing bell. Stay right here. Lets start the countdown. Breaking news 1896, thats when the dow was first calculated on wall street, and something might happen today thats never, ever occurred since then. Right now im going to say way too close to call for the dow, though the dow is down 28, looks likoon easy no that wed see a record. Remember, that both yesterday and friday, the dow floundered in the early hours and hit the flat line midday and took off flying in the final 1920 minutes of trade. Youre going to have to stay with us all hour to see if there is a historic bakers dozen. Glad you are with me. Well get you the numbers, the dow down 27, s p lower 7. The nasdaq is down 35. As everybody waits on the president s big speech tonight. You could argue that target began lorihet red before the bell as it missed mark on earnings. Shares of the retailer hit a twoyear low but actually the worst day for target. I saw the number here. Worst day in 18 years, after they reported a disappointing holiday quarter, they are not, theyre not intently there yet with the online deal, so amazon is beating on one level. Walmart from the back, so its a very tough situation, target down about 13 . Who is doing the online thing right, and if youre ordering pizza tonight, you can figure out its dominos, pizza, plus the speech, plus domino sales up 12 sa the chain sliced prices and got way ahead of competition, 60 of dominos orders come in digitally. Okay, team fox business standing by on all the key locations on historic day. Blake burman live at the white house following the president s every move. Connell mcshane on capitol hill to give the mood of Congress Ahead of the president s address, more importantly, the big issues that matter to business audience. View of the next four years and should expect the president to outline priorities. Will we get details in the American People and Financial Markets are watching the president like a hawk as hes expected to set an ambitious agenda that calls for overhaul of tax code, major reforms in health care, and may be compromises announced tonight that would get democrats on board. He will also tackle increased spending on military and the big one too for ourarts, the infrastructure plan. Black burman at the white house with a preview of the president ial address. I just threw 17 things at. You only that . It is 17 dozen, i think, right . Liz yeah. Lets start here, we knew going into, this Senior Administration official telling us that the president would be touting his intention to withdraw from tpp touting how hes meeting with the ceos of the Major Companies for Jobs Initiative and that the economy and how to build the economy Going Forward would be a big theme leading into and during this speech tonight, but now we are also learning at this hour from another Senior Administration official that the president tonight during his speech could potentially mention, could potentially touch on the possibility of an immigration bill. As you know, the southern border building a wall with mexico, immigration was probably the Biggest Campaign item, the Biggest Campaign promise for this president since day one of his administration, and tonight were led to believe he could potentially use this forum to go after the possibility of some sort of legislation involving this. Take a listen to President Trump earlier on fox and friends when talking about immigration. Im told, liz, we dont have that. Either way, it was about the priority of going after the most dangerous criminals, which is what weve heard him say in the last few days. That would be the priority for every massive immigration measures. By the way, chuck schumer, the top democrat on the hill in the senate was asked about this, about the possibility, he said and i am quoting here, hes got a lot to undo, the immigrant community isightfully scared. Something we are watching. Liz started the top of the show with the breaking news that he may very well build a bridge toward the democrats, we dont know, but that is the word that fox news and, you, of course, reported that, may be compromises in all of this. Blake, thank you. What about health care as the president takes the stage in the House Chamber point it, members of congress, republican members of congress are remaining at odds over what a replacement for obamacare should look like. Speaker of the house paul ryan telling the press earlier today, he expects the president to be helpful in the process of Health Care Reform on capitol hill and noted that he and Senate Majority leader Mitch Mcconnell met yesterday to discuss the issue. To Connell Mcshane standing by on capitol hill with the details of, i guess, the division in congress manifesting himself over obamacare, number of other hot button, Economic Issues that matter to business audience. Reporter without a doubt, liz, we expect the back and forth between democrats and republicans on those types of issues. To your point, the president has work to do in uniting his own party on some of those issues. Health care certainly one of them. Taxes is another which well talk about in a second. Since you brought up obamacare, the internal debate within the Republican Party is whether to go through with a repeal and replace plan for the former president S Health Care law we talked so much about, or to go somewhere in the line of retain and repair which some are calling it like, elements of the law from conservatives in the house and the senate. Theyre pushing on leadership to stay with repeal and replace. The president spoke to the degree of difficulty during his appearance on fox friends this morning. Watch. Health re is a ve complex subject. If you do this, it affects 9 different things. If you do this, it affects 15 different things. I think we have great plan, congress is taking a lot of blame. Its not their fault. Ive only been here like four weeks. Somebody said he hasnt done health care. Theyve been issue onninging on health care for 30 years. Interesting comments from the Senate Majority leader Mitch Mcconnell. He said the senate does not have a Health Care Replacement bill ready to go at this time and seemed to have broader questions about the president s budget proposals, for example, the Trump Administration seems to want to cut the state Department Budget in order to make up for spending increases that are expected to be proposed on military spending as an example, Mitch Mcconnell said getting a bill that would cut the state departments budget through the senate would be very, very difficult. You have that, and certainly as i brought up at top, the debate over taxes, in particular, the border adjustment tax. Well see how specific the president gets this evening. Liz does it stun you it took a lot of time to have more than 60 votes to get obamacare thrown out. And Mitch Mcconnell saying they dont have it ready yet . Reporter right, the speaker of the house paul ryan was asked about that as well. Theyve been working on this for a year. Some sections of the Republican Party, you do have some support for this retain and repair plan they was talking about earlier which theoretically would be easy to get through the complete repeal and replace. I dont know how specific will president will get on the subject. Liz we hope for specifics. By the way, tomorrow, a fox business exclusive because the president is expected to talk about Infrastructure Spending, the Crane Company in america, m manitowoc could be part of any infrastructure plan. Barry will be here in an interview. Hell share his thoughts on the president s speech and how he might benefit tomorrow on countdown to the closing bell. The three fs, flounder in the morning, flatline by midday, flourish in the afternoon. That is the tune the lp is playing here, were showing our age, for the past couple of sessions. Time to smash the record for the dow . The last few minutes of trade, the past two sessions determining historic moments, but it wont take a dramatic move. If the dow finishes above yesterdays close of 20,837 that would be the 13th Straight Record, something that has never happened before in the more than 130year history of the dow. To the new york stock exchange, lori is the floor buzzing a little bit here . Reporter yes, my goodness, i can tell you, so much excitement, anxiousness and anticipation ahead of President Trump this evening. Traders are so hopeful this hasnt been a honeymoon that the honeymoon isnt winding down. They want to hear something from the president that will justify this postelection runup. Youre looking at the big winners since the election how theyre performing today. Goldman sachs repeating, that coming in today, not a whole lot. Were handful of points from setting a 13th Straight Record for the markets. Its not quite unprecedented but darn near close. More than likely we will hear the president reiterate his economic agenda, his fiscal objectives, but will he get into the nittygritty . Get into the details . Thats what everyone is talking about and what they really, really want to hear about. If he doesnt do that, the direction of this market could be, well, a turn south maybe in the cards. Well see, back to you. Liz lori, do me a flavor if we see it closer to the flatline. Wave to the camera. Were down 25 points but we have been here before. The low of the session for the dow down 56. Closing bell, were 48 minutes away. The great William Shatner character may be gone from priceline but priceline. Com negotiating huge profits. Higher Hotel Bookings driving a 17. 4 increase and Fourth Quarter revenue for the travel website operator. Priceline hith record highs today. 1,728 bucks a share, up 6 . Its leading the nasdaq. Its been up more than 30 year to date. The cost of college also unfortunately hitting record highs. Last year diploma from a fouryear instate public university, nearly 25,000 per year, but the loans associated with that cost could leave the u. S. And all of us on the verge of an epic default, hanging like the sword of damocles over our heads. Sheila bair was the fdic chair during the financial crisis, now the chair of washington college. Shes up next on exclusive interview what she is hoping the president announces tonight that could put an end to the next major financial crisis before it begins. Shes coming up next. We ship everything you atcan imagine. N, and everything we ship has something in common. Whether its expedited overnight. Or shipped around the globe,. Its handled by od employees who know that delivering freight. Means delivering promises. Od. Helping the world keep promises. As after a dvt blood clot,ital i sure had a lot to think about. What about the people i care about . Including this little girl. And what if this happened again . I was given warfarin in the hospital, but wondered, was this the best treatment for me . So i asked my doctor. And he recommended eliquis. Eliquis treats dvt and pe blood clots and reduces the risk of them happening again. Yes, eliquis treats dvt and pe blood clots. Eliquis also had significantly less major bleeding than the standard treatment. Both made me turn around my thinking. Dont stop eliquis unless your doctor tells you to. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. If you had a spinal injection while on eliquis call your doctor right away if you have tingling, numbness, or muscle weakness. While taking eliquis, you may bruise more easily. And it may take longer than usual for bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Eliquis treats dvt and pe blood clots. Plus had less major bleeding. Both made eliquis the right treatment for me. Ask your doctor if switching to eliquis is right for you. Or keeping a Hotels Guests cuttinconnected. I to 35,000 fans. Businesses count on communication, and communication counts on centurylink. Liz as President Trump talks tonight about tax plans and defense spending among a whole bunch of other issues, one thing might not be on his agenda but could spark the next financial crisis. Student loan debt defaults. Listen to this. These are the most recent numbers, could be worse, Student Loan Debt soared to massive 1. 3 trillion to become the second highest Consumer Debt category, more than credit card debt, more than auto loan debt, could it be more dangerous than any of those, triggers the next financial disaster . With me in a fox business exclusive, sheila bair, the former top woman in banking who has gone onto be the president of the washington college. Were accused of solving the last financial crisis. Thats what people said about doddfrank, and not the next one. To be fair, sometimes its hard to spot. It is. Liz is this a possibility, a contender to spark the next financial crisis . Well, in a different kind of way. Because most of these Student Loans are guarantyed by taxpayers, defaults hit the fiscal Balance Sheet of the government. Its in the Public Sector at this point. I think its a crisis for families and student borrows and a drag on the economy. We saw during the financial crisis excessive mortgage debt as people struggled to make mortgage payments they dont spend money on other things which will dramatically collapse Consumer Spending which led to the great recession. Youre seeing the dynamic with student borrows after they graduate being burdened with debt, theyre not spending money on other things. It hurts the economy. Liz therein lies what could be the crisis, not that people dont pay back loans. Thats right. Liz when you default and declare bankruptcy, with Student Loans, its not dischargeable. Meaning it sticks with you forever. Forever. Liz President Trump said, and i thought it was very smart of him where he said we cant continue to let this be an albatross or anchor around students necks for the rest of their lives. Yes j maybe they wont get credit cards, wont get a mortgage and thats where the trigger of the next financial crisis is. Tons of research on this. They delay starting small businesses, they go nice safe corporate jobs to get good paychecks to pay back the loan as opposed to creating a new business. Liz and hiring people. Thats where you get the job growth. Theyre tremendous. President trump said positive things on this. Simplification, making sure payments are affordable. Having an end point for the obligations, those are positive things and hoping he says something at state of the union. Liz right now the numbers are recent, we dont know, they could be worse, defaults at 11 . Thats a lot bigger than mortgage defaults, subprime in the mortgage crisis. President trump met in the last couple of minutes with the historically black colleges of e united states, and said signed executive orderwe mt uphold the great institutions. I think we have video of it. Where do minority defaults stand . I heard they are at a higher level. They are higher. One of my students went to forprofit colleges that did not give good degrees. We see a lot of defaults at Community Colleges as well. The stress populations typically will have higher default rates because first generation, theyre more at risk, dont have families to support them who dont understand what its like to go to college, i think its wonderful President Trump wants to help historically black colleges, thats what they specialize in. Its more expensive to educate the distressed populations which is why it is important to have a finance system that works for all students and payment obligation after a student finishes college based on income so its affordable to them. Liz youve been around bankers, been around wealthy people, the president gets criticism from some for having three