Transcripts For FBC Making Money With Charles Payne 20170715

FBC Making Money With Charles Payne July 15, 2017

So will changes to the bill be enough to get moderate republican holdouts on board . Lets ask wall street journal columnist and Deputy Editor dan henninger, assistant Editorial Page Editor james freman, and Editorial Board member joe rego. Joe, the bill has changed for the better or worse and how . Well, i would say both. This is a bill thats moved to the political center. Its moved leftward. Its worse in the sense that it gets rid of a lot of the tax it keeps a lot of the tax increases on Investment Income 3. 8 percentage that were part of obama care. That were part of it. That republicans promised to repeal . They did for years. And it spends that money on other stuff. Its got 45 billion for opioid treatment. Its got a lot more up front medicaid spending. Its good and better in the sense that it retains the fundamental medicaid reform. Thats really the most important part of this bill. Moving to a per capita block grant to the states from the federal government. Right. A lot to the states and putting the program on a budget is First Time Since 1965. That still is the part in your view that is worth really worth passing this bill . It is worth passing for that reason. The new bill also adds something from senator ted cruz. Its called the freedom option. Its a lot of deregulation that will start to potentially bring down premiums in the individual market. Thats the type of progress that we need to stand up, more liquid, richer Insurance Market with more options and more competition. But this isnt the root and branch repeal obama care they promised. Its a compromise. It is kind of lets try to please all sides of the republican coalition. I guess so paul. I have a grimmer view of it. At the end of the day, what is the solution . Something familiar in washington, throw more money at it; right . Thats kind of what it came down to. More money because the so called moderate centrist senators, the rob portman of ohio, mr. Cassidy of louisiana, these are the people who wanted more money for opioids and medicaid. We thought people like portman and cassidy from louisiana could be called conservatives. I think this is a moment of reckoning for the Republican Party. What were finding out is a lot of these republican senators really are not conservative as the way we thought the party had evolved. A lot of them are acting like Big Government republicans, back from the 70s. And what we saw was that when they got pushed, by the left and by the media, they caved. And they were sort of running from the party of reagan. So i think that conservatives whether they actually represent republican and conservative voters is another question. But this behavior on this bill suggests to me that the Republican Party has to step back and think a little bit about what they stand for. Theres one senator whos already said hes not even going to vote to a motion to proceed and thats rand paul of kentucky. Hes a libertarian. Why would he blow up this bill . If this fails, james, you get obama care. Yeah, and i think republicans who vote against it also deserve primary challenges because the United States government has unfunded liabilities in the tens of trillions or perhaps the hundreds of trillions. This is one little baby step towards reforming the fastestgrowing Entitlement Program which is medicaid. Which is medicaid. Theres good evidence that youre no healthier with medicaid than if you have no insurance at all. Its not working for anyone. And the idea that you cant begin to reform it, to have money spent better, it boggles the mind that republicans can say no to this opportunity. And joe, the cruz option, which i happen to like, being part of the bill, is that going to help with some of the conservatives . Yeah, youve already started to see senator cruz who had been calling this obama care light, start to come on, ron johnson from wisconsin, maybe mike lee from utah. So it is starting to assuage them. They have sort of given up some of their reservations about this bill. As you said, it is not root and branch reform, but it is a net improvement and directional progress. But you think its actually a pretty important reform . I think it is pretty important reform. What james is talking about with medicaid, this bill saves 772 billion dollars over ten years. Now, look, thats not and even more as you go out. If the structural reform that makes changes over the longterm, thats the type of change we need in washington. All right. So heres step back and look at the politics. Republicans in the senate in 2018 have one senator in a tough race, dean heller of nevada. One. Everyone else is generally pretty safe. They are 18 months from that election. One senator, and if they cant make this pass right now, with that kind of a limited vulnerability politically, 18 months from now, when will they ever pass any reform of entitlements . Yeah, it is a really good question, because what the Republican Voters and the american electorate did was give them control of the government, after allowing the democrats to control it. They passed the Affordable Care act. They passed dodd frank. There was obviously disaffection with both of those big pieces of legislation. Now it was the republicans chance as they promised when they got control of the government to revise these fix these things and they are not pulling it off. Thank you. We will see. Its going to be a historic week. When we come back, President Trumps oldest son being pulled into the russia probe after taking a meeting with a russian lawyer during the 2016 campaign. You do all this research on a perfect car, then smash it into a tree. Your Insurance Company raises your rates. Maybe you shouldve done more research on them. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Liberty mutual insurance. 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He took a meeting with a lawyer from russia. It lasted for a very short period and nothing came of the meeting. And i think it is a meeting that most people in politics probably would have taken. All right. Dan, so people say this finally proves that there is collusion. There was collusion between the Trump Campaign and the russian government. How do you see it . I dont think any serious washington lawyer would agree with that, that there is collusion, an actionable act that could be taken to a prosecutor and prosecuted. But look, the media has had this narrative from the beginning, that there was collusion. They are going to chase it to the ends of the earth. Lets talk a little bit about what happened here. He met with these people to talk about opposition research. That Research Happens in every campaign. Do campaigns meet with individuals from foreign governments . Yes, they have done that. Are there dirty tricks in politics . Yes, there is that. But the difference here is that we know that the russians did hack into the election, into servers. Theres been congressional testimony that they hacked and tried to hack into 20 state election systems as well. That is what is new here. And so the trump donald trump jr. Has walked up to the line with the russians, where these two intersections meet. And thats why the prosecutors are now going to take a hard look at what this meeting was about. But the email was look this is part of we have dirt on the clinton campaign, and we have also think that this is representing the support from the russian government. Right. For the Trump Campaign, and donald trump jr. Said i love it. Yeah. That suggests that he was happy he didnt object to help from the russian government. This is a government that is not our friend. Right. And in a normal campaign, youve got the candidate, the people right below him, that would include donald trump jr. , if you get a request like that, you send somebody who is about five or six layers below that to go talk to them and see if they have anything, and then they talk to the lawyers in the campaign who say get away from these people. But, no, the trumps took it on themselves. He even roped in jared kushner, the soninlaw, and paul manafort, you know, the beltway lobbyist who represents a lot of unseemly foreign clients. So i mean, at a minimum, its stupidity, incompetence in my humble opinion, but its hard to defend. It is hard to defend. I think certainly a lot of people in washington would like to get information, and you dont want to say it is illegal to gather information, but yeah, i think more seasoned political pros, maybe more classier, shall we say, politicians, might have at least wanted to keep more distance from this kind of meeting, but this kind of brings up the choice that people had last year, two very flawed candidates. And you look at whats happened here. Were a year into the collusion investigation. So far nothing showing the Trump Campaign actually doing anything. Well, wait a minute, this meeting isnt anything . It did something. They met. Well organization well, okay, a meeting, but in terms of colluding, working together to rig an election which is the charge. In terms of saying okay we have an idea, were going to hack the Democratic National committee, good idea, that we dont have any evidence of. Right. On the other hand, if they say we have some dirt on the clintons, come and meet with us, they go, great. I mean, thats not thats not really very good politics. Its distasteful, and it is were seeing really the initial stages of learning about what happened where did this whole collusion theme come from . It looks like it may have come from democraticfunded opposition research, seeking from russian sources this is the so called dossier that created that that has been discredited right, so the question is, we seem to have two campaigns last year, at least two parties, that were willing to take dirt on their opponents from foreign sources. Heres the thing, theres only one president right now. Not hilary clinton. It is donald trump. He won. Theres a special counsel looking into this regarding the Trump Campaign. How much legal jeopardy is there here, joe . Well, i suppose it depends on the underlying merits of the case. Donald trump jr. Showed terrible judgment here in taking this meeting. But the question is, did it ever advance into anything that was not only unsavory and reflects poorly on the trump family business, but into something thats potentially criminal . And we dont know that. We dont know this. The russian lawyer he met with was apparently arguing against an act, which was a law that sanctioned american law that sanctioned russian human rights abusers. It looks like potentially a cutout to lobby, to weaken this law, but still other than the email, nothing of substance seems to have come out of it. So far. So far. Thats the question, dan. They issued an incomplete account of this when it first came out. Right thats part of the problem. They released the emails two or three days later, which im glad they did it. Lets get it all out. Its the sort of thing instead of just trying to say, oh, well, at first this is just a meeting about adoption, the act related to adoption. They didnt get the truth out. They didnt get the truth out. What this ensures as you were suggesting earlier, the special counsel, mueller, and the lawyers working for him are going to overturn and look at everything related this campaign and the trump people who were involved with it, jared kushner, manafort, the president himself, they are going to want to look at all the emails, the documents, the phone records. Thats the way these investigations work. And all of them are going to be preoccupied with this. Jared kushner has had to hire his own lawyer. It is inevitable that it is going to preoccupy them. When we come back, while the white house deals with its latest russia headache, Congress Seems to be creating one of their own, as a new russia sanctions bill stalls in the house. Whats the holdup all about . [vo] progress is seizing the moment. Your summer moment awaits you now that the summer of audi sales event is here. 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Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Im still going for my best. And for eliquis. Ask your doctor about eliquis. While the white house is facing fresh questions about russias role in the 2016 campaign, congress is boggeddown in a debate over just how much authority to give President Trump to potentially ease sanctions against moscow. The Senate Overwhelmingly passed a bill last month to impose new penalties on russia and to make sure the administration cant change course without congressional approval. But that measure has stalled in the house. Whats behind the holdup . Lets ask tennessee senator bob corker. Hes the chairman of the Foreign Relations committee. So, welcome mr. Chairman. Glad to have you here. So let me ask you first about the meeting that donald trump jr. Had with the russian during the campaign. Do you agree with President Trump that anybody would have taken this meeting . Well, paul, good to be with you, first. Let me just say look, we have these daily of what has occurred during the campaign. We have a Senate Intel Committee thats going through this. They will be able to put all this in proper context. Personally had i received a call from some about some russian official wanting to give me information, i would have said no. But look, i think the Intel Committee can put all this in context. If i responded to these on a daily basis, paul, i wouldnt be able to deal with the policy issues that we have to deal with. So i just think we ought to let them go through all of this, and at the end, we will have everything in proper context. All right. Lets talk about that policy, the russia sanctions, passed the senate 982. Thats republicans of the senate and democrats dont agree on much these days. Why the overwhelming support for this bill . Why the bipartisan support for this legislation . I think that, you know, first of all, there had been concerns early on that maybe some cheap deal would be made with russia over syria that would eliminate the sanctions on Eastern Ukraine or the sanctions relative to what russia did there. In addition to that, the cyber issues, we want to make sure that we push back against all those who are involved in cyber issues. As russia continues to privatize stateowned enterprises, we want to make sure that those who are through corruption unfairly benefitting from that we punished. We want to make sure those who were supplying arms to assad were punished. We want to make sure those doing business with certain intel agencies and defense agencies within russia were punished. I just think theres an overwhelming on both sides of the aisle, and i will say, candidly, among National Security folks, within the Trump Administration, a desire to push back against what russia has done. And i strongly support this bill. Obviously i think the house will take it up very soon. Right. Okay, so on the sanctions provision, you have the additional sanctions. The white house says we support the sanctions, but what we want is more president ial flexibility, and they dont like the fact that your bill denies the president the ability the flexibility flexibility to ease sanctions if he comes to some agreement with the russians. In the president , democrats have insisted that barack obama have that kind of flexibility. Why not give it to this president in this case . Well, if you remember, paul, we had this same problem come up with iran. Right, i do remember. Where obama was able he was able to go straight to the u. N. Security council, lift all the sanctions that congress had put in place for eight years, which was not congresss intention. So im the one thats been leading the effort to ensure that we have congressional review. Had this provision been in place, the iran deal, that i think was a terrible deal for our nation, would have never been put in place. So this is us asserting our rightful equal role in foreign policy, and im all supportive. Im very supportive of congressional review. I feel like

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