Some people waiting over a mile just to get bottled water. Governor abbott says 440,000 people have registered for fema assistance. The Corpus Christi ship channel is back open. The Energy Secretary says approving up to 4. 5 Million Barrels of oil from the Strategic Petroleum reserve will help ease any fuel crunch. That did help do something we havent seen in a week. Gasoline futures closing down today 2 . That is the first drop weve seen in nine sessions. The retail gas situation does show a speak. We are up 17 cents a gallon in the last week alone. Now we go to rich in texas where the rescues are underway. Chris . Were about 40 miles southwest of texas. What you see now is an active rescue. Theyve been called in from flooding by the colorado river. This is the board coming in. Troy nehls called in the board. Theres about 12 houses that have people that need rescuing and were told that they have 60 dogs because a woman had a shelter here and people would pay to send their dogs here. Now shes stuck with all of these dogs. Were not sure exactly what the Border Patrol plans to do. We just arrived. Sheriff, can we interrupt . We dont want to be in the way. But what do we have . We have the twin lakes subdivision that had several people that needed to be rescued. Now were finding out that one of the families had over 60 pets. Were on the fort bend Brazoria County line. Were doing everything we can to get the people out and get the animals to safety. A lot of viewers are probably thinking after seven days, how in the world do we have, you know a dozen or so people still back in these parts and is this so our viewers have a perspective . Is this new flooding because of the amount of water . I havent been to this part of the county, havent been this far south since the flooding took place. Well conduct an assessment and check out the needs and move forward and try to get people to safety. Thats the main thing, get people out to safety as the waters rise. Neil, were going to take a look over here and see the Border Patrol brought in. Just seeing what these guys are doing. One of the things we want to do is obviously even though the rains have stopped and were on do you seven, we dont want to interrupt. Sir, why were you called many . We were just called in, trying to get out here, preservation of human life. Weve been given the information the same way as anybody else has. Just catch us as you can. We got out here as quickly as we could. Thank you for being here. You have the appreciation of the nation for being out here on day seven. Neil, this is an active rescue. Were going to continues to monitor this situation here in guy, texas and try to stay out of the way of the authorities because they still have a job to do seven days in, into this devastating story. Neil . Thanks, griff. Griff jenkins. Its 45,000. Thats how many people are in shelters in texas and louisiana. Red cross spokesman tony briggs on the latest there. Very good to have you. Thanks for taking your time. A lot of people that need a lot of help. How is it going . Its going really great, neil. Weve had more than 2,000 red crossers here on the ground here and throughout the affected areas. They have been here since before the storm hit. Its been a great experience. Ive talked to a few red crossers from my home state of california and they couldnt be more happy to helping those in need. Neil i guess the Houston Convention center has the most evacuees. Would i be correct in assume something. Yes, you would, neil. The facility has been wonderful. The staff accommodating. More than that, its the spirit of the how stonians here. They have wrapped their arms around one another. The spirit is light. Considering what everybody has been through with hurricane harvey, you just really wouldnt know it. Weve had folks coming through. Right now theres astro players that came through. They lift everyones spirits. The houston symphony was here. They had a quartet and just playing in the dormitory area. The whole city has come to this area and they have done everything that they can to make the stay here just as good as they can make it. You havent done too shabby yourself. One thing that i wonder about, besides the logistics, how long it will continue. Were getting indications from the governor that in some parts of the state, it would be dangerous to get back to their homes for maybe months. So how does that affect what youre doing . Not at all. The red cross is here for as long as were needed. Were going to be here until we find out from our partners that, okay, red cross, now you can move into the next phase, which is helping the families recover from this. From your previous spot, i heard were still doing active rescues. Thats why our doors are open and open for everyone. A lot of churches, homes have opened up as well. Are there enough facilities should the swell i know theyre doing deliberate, you know, water leakages to deal with reservoirs that have gotten full. That thousands more could need shelter. How are you prepared for that . We are red crossers all across the country standing by. I will take this time to invite those watching right now, if they would love to get involved, heres your chance. Go to redcross. Org volunteer and get the volunteer process started. Get the training and you may be some of the folks brought in here to relieve the people that have been here well before the storm hit. Neil thank you. Be well, tony. You are a patient, calm guy and at the same time youve been dealing a lot in general. Thanks very much. I appreciate it. Thanks for having me. Neil this is the backdrop for something that is going to be otherwise front page news at any other time. That is, the president s tax cuts. Expected to be outlined next week. The president s chief economic adviser gary cohn signalling when it comes to the wealthy, they might not receive any tax relief. Could be a hike. Listen. Does that mean that there will be no cut in the top rate of income tax for individuals . Sir, there may be a cut. That hasnt been decided yet. There may be a cut in the actual rate. But remember, its the effective rate. Its what percentage of your income do you pay. So what were trying to do but cutting out the loop holes is to get you pay on a bigger swath of your income. Were trying to broaden the base, even for individuals, especially the top payers and have you pay on a bigger percentage of the income. If we lower the rate but have you pay more, your effective rate is going up. Thats what were looking at. Neil in the end, the rich could pay more and maybe more than theyre paying right now. To charlie gasparino. He says theres enough here, including Corporate Tax relief and tax relief for everybody else, that even though some of the rich might do a double take, this will be wellreceived. Maybe, charlie, get more broad support. What do you think . Heres the bottom line. It depends on the effective rates. We say that on the individual and the corporate side. The markets are up because of the Corporate Tax cuts. They think theres going to be which is 35 , its going down to 20 . Even though you get rid of the loop holes, your effective rate is low. 15, 20 . Heres where it gets tricky. This is what gary cohn and the president have to worry. If they lower the rates on both individuals, even the rich, and corporations marginally down, say lower it for individuals down to 30, 35 from where it is now, 39 and corporations from 35 to 30 , then they plug loop holes and what you do is get an effective tax increase. I cant imagine politically thats something that you could sell through congress. You have to get even when you close those loop holes and effective tax cut for this to have any sort of political, i guess, credence with republicans who love tax cuts. Not only that, with the market. The reason why markets react positively to tax cuts is because theres a stigmaive effect. If these tax cuts if gary cohn is enacting tax cuts that are de facto tax increases, i dont think that flies through the Republican Congress. Heres where harvey comes in. The storm has done two things. One, taken off the table, i think, even the prospect or the possibility of a government shut down over the debt ceiling or whatever. Secondly, the wind at the back for the president getting the tax cuts through. Maybe even getting some democratic support knowing that the rich arent going to be, you know, that wellprotected here. They might end up to gary cohns point more. What do you think . Listen, i can say this. I think if rich people netnet pay more, i dont think that will stop tax reform from going on. The real question is, if in these tax cuts on the corporate side, if its a wash because of closing loop holes or if its a de facto increase because they closed the loop holes, i cant imagine that congress or a Republican Congress will go for that. By the way, no offense to gary cohn. If youre going to seek to stimulate the economy through tax reform and raise taxes what sometime laive effect is it going to be in a lack of logic here. You want middle class taxpayers a tax cut. They dont pay most the taxes. If you want an effect, you have to give it to the people that pay the most. The rich and the corporations. Neil so youre in the camp to im looking at it logically. You want to stimulate the economy, do a tax cut, not an increase. If gary cohn thinks hes going raise taxes with a Republican Congress, its not going to stimulate the economy. I cant imagine neil the Corporate Tax thing is key. If they were smart, theyll just go for Corporate Taxes. It would be easier to pass. Neil the whole thing might have been helped in the process. Thanks, charlie. Again, just to explain where gary cohn is coming from here. Theres no formal rate hike being talked about. Its whatever cut they get, which would be nominal, would be offset by removing tax cuts and breaks. Well get to it more in future show. Removing the write off for your state and local taxes. More on this right now. 6 billion headed to hurricane victims fast. 6 billion is nice, mr. President but we need more. A lot more. Neil by the way, this is why my next guest says the 6 billion in aid promised to Harvey Victims doesnt cover it. Look at houston before and after. Before and after the flooding. Its like you have 1 5 of the state under water. What that means, the money theyre talking about early on wont come close to addressing what theyre dealing with, right . Thats correct. Weve said early tuesday that this would be the costliest Natural Disaster in american history. 160 billion in losses. People said youre out of line. Nobody is talking about that much. Then we raised it wednesday to 190 billion. We feel very confident in that number. Neil what do you base it on, doctor . Im curious. I agree with you, doesnt come close to the numbers they talked about originally. How do you crunch it to get that high . A couple of things. We look at the data from past storms. Hurricane katrina was 100 billion estimated. Sandy 60 billion. When you look at the amount of water damage, look at the area covered, you look at the aftermath, this current in houston, the only tropical city in the united states, the fourth largest city and youve never had this kind of flooding and damage in a tropical climate where you have high heat and humidity with this water causing going to be disease, all kinds of after effects that will last for weeks and months. The extent of the damage, the record rainfall, the highest for a storm ever in the continental united states. It covers such a wide area. Youre talking about 100 miles plus east of houston. We dont have film from a lot of places that are cut off. Still going to find towns under water where theres been extensive damage. People cant even get to shelters. Its an extensive area in a tropical region. The heat and humidity, the Accuweather Realfeel temperature is over 105 degrees for several days. Its just going to breed disease and aftereffects. The cleanup is going to take an awfully long time. Neil i wonder now that we learned that flooding is the real problem and future gauging of storms is one thing to measure the intensity, whether its a category one, two, three. Its how long they stick around. Harvey stuck around a long time. Yeah, we knew that ahead of time. We knew this is a disaster in the making. The upper steering wind were light. Made a second loop and the rain just came and came. Of course, that part of the gulf of mexico has the hottest temperatures and just fed moisture continuously into the storm, which coming down as rain over a vast area. Neil good point. Dr. Joel meyer, thanks, sir. Very good seeing you. Youre welcome. Neil to add insult to injury, gas lines in texas where they have it by the country mile. Tempers getting shorter, too. What now . Integrate any part of your business, and have your systems work as one. The ibm cloud. The cloud for enterprise. Yours. The cloud for enterprise. Have you any wool . Eep, no sir, no sir, some nincompoop stole all my wool sweaters, smart tv and gaming system. Luckily, the Geico Insurance agency recently helped baa baa with renters insurance. Everything stolen was replaced. And the hooligan who lives down the lane was caught selling the stolen goods online. Visit geico. Com and see how easy it is to switch and save on renters insurance. 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If youd rather be home, ask your doctor about Neulasta Onpro. Neil the refinery state. More gas there than anywhere else. But the fear of shortages leaving gas lines. Caleb downs joining us on the phones. Thanks for joining us. What is going on here . Were there genuine shortages or people panicking . What . It was more of a panic. We dont have a statewide shortage of fuel or gas or anything like that. Basically what happened was harvey caused some distribution issues down along the coastline. Gas stations reported lack of fuel. The media picked that up and spread the message that hey, some gas stations dont have fuel. Rumors start circulating and people began to panic. And there was one woman portrayed on one station, maybe our own, she had her tank 3 4 full. She was still getting there because she was nervous. Has that dissipated or what . Last we checked, theres still 394 out of the 630 gas stations here in san antonio that are out of fuel. People are still reporting long lines. We are still seeing pictures on social media of people not only filling their car gas tanks, but you know, gas cans they have or 55 gallon drums just full of gas, loading up. Neil are they rationing it out anyway, caleb . Oddeven days to get gas . What . Nothing like that that weve confirmed. Theres been some reports that maybe some gas stations are limiting how much gas people can get, maybe about 20 of gas at a time rather than filling up as much as they want. Neil obviously you had the governor reporting that, you know, texans are strong, theyll get through this. But it doesnt take much the longer this kind of thing goes on for even the hardiest of folks to snap or get frustrated what is the mood of texans there, dealing with the troubled areas and outside of the troubled areas . Well, you know, they kind of have been through a lot. Were told well be hit with a category four hurricane. That news went away. Turned into a tropical storm. But then all of the terrible news out of houston, beaumont area. Im sure its taken a toll on people. Certainly taken a toll on us here in the newsroom. Add this on top of it, people seem to be at their wits end. I cant blame them. Have you been disrupted or your family, those you know . I know san antonio is outside of this area. But what is it like there . Nothing personal. I know some of my coworkers here in the newsroom stepped out during the day and went to fill up on gas before it ran out. Im taking a trip up north this weekend and crossing my fingers that this goes away by saturday. So i dont get stranded on the side of the road. Neil your timing is impeccable. Thanks, caleb. Best of luck. Thanks, neil. Neil President Trump is headed back to texas and louisiana. Tomorrow Vice President pence will be there as you know. On the second trip, who does the president need to do . How quickly . After this. Your brain changes as you get older. 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