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tv   Lou Dobbs Tonight  FOX Business  May 1, 2017 4:00am-5:01am EDT

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find your awesome with the xfinity x1 voice remote. >> lou: good evening, everybody. president trump taking the lead on tax reform and proposing a massive overhaul to slash rates for all american and stimulate economic growth treasury director and director of the economic council taking the lead in the white house briefing today. they introduced it to the new'sa media and it would reduce it from seven to throw. it would double the standard deduction individuals can sdpak
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corporate rate from 35 percent down to 15. and it would exempt the first $24,000 of income from taxation. and elimination the state tax and administrator officials say it is a broad brush outlined at this test. the they said the plan would pay for itself with resulting higher economic growth. >> this tax reform package is p growing the economy and creating jobs. the president looks at that seriously as being a tax on capitol and spent on we are trying to be more stimulus and create more jobs.
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>> the economic plan under trump will grow the economy and will create massive amounts of revenue. >> lou: the president issuing more new executive orders and direct the interior secretary to review the desination of dozens of national monuments on national land. something that was a obama mass approximative land grab. >> i have spoke tone state and local alreadies who care about preserving our land and who are gravely concerned about p this massive federal land grab. it has gotten worse and worse and worse. and now we're going to free it up. which is what should have happened in the first place. this should never have happened. >> lou: shortly before president
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obama left office he infurerated the utah citizens by creating a monument and taking a million acre of land from the state. the move jeopardized job and economy growth and president trump signed the executive order to require education secretary betsy devosz, to see if the federal government has overdone the schools. and give it back to the states. no wonder it hasn't been fulfilled by the education department. and not by the central planners and status of the left and america will be made great again.
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and the first guest vowed a simple similar agenda over the next 100 day period. and joining me is is the ninety-seventh day if you are keeping count. kelly ann conway. great to have you with us. >> thank you, lou. >> he is reclaiming land taken by the obama administration from the stateses and under the circumstances and calling it designating it monument's regulation. it is just preposterous what has to be taken on by the trump administration because of the passivity and the domestic aggressive answer of the obama administration. >> you can see the tax plan laid
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out it is a historic moment for the country are, whether it is illegal border crossings down 64 percent since he was sworn in and 553,000 jobs and what he's dmn the five months since being reelected the numbers will tell the tale of people feeling comfortable and satisfied on the xhechlt and i anyhow americans are paying attention. but p a woman came up and said i live in louisiana and i hope you are focused on the exploitation of the antiquities act. it is a huge country and so many rooting for you and the country 's success and support you think you are making down payments on
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the rest of the agenda. president trump took 16 months to get obamacare passed. president trump hasn't been here six weeks. they are replacing obamacare and putting something in there that is more uitable for americans. >> lou: obama as a standard for trump. i know you are making a simple comparison in the presidential predecess issor in this administration. there is is no comparison and look at the energy that the president brings and compare that to the passivity of the obama administration and utter confusion. there is no comparison what see ever. i think we will have to go back to fdr to it .
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and back to jack kennedy to find the parallels. >> it is very clear that president trump has enacted more execute you have orders and legislation than any president in 50 year and they are some of them literally historic. >> he has takeeb be on the incombersome of our national community. >> president bush did one and president obama did 0. there is a diversity. one is protecting jobs and the other getting out the federal government out of the education.
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and people notice. he likes to say he inherited a mess a bit. >> lou: he did, no doubt about that? >> and look at the what is going on in the the border and factory and safety and security. and we know the monpy that is invested already. but even our local communities. law enforcement, they know he supports them in way way that people feel like he is invested in community safety as well. and looking at 16 bilateral meetings. we have world leaders who are different places around the globe coming here open to the new president and commander in chief. >> lou: you are right. we could keep the list going. he began his presidency on november '99, and you are one of the people going 24- 7 with this
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president and taking on the issues and taking to ceo's and creating jobs and with no question about it and not without set back and considerable frustration. does this president as he takes on the most important issue, it is hard to say that. 11 of the most important issues in tax reform. does he have paul ryan under control. >> the president works with speaker ryan and mcdonnal. but on tax reform. the president put forth his plan and vision through his top lieutenants in the cabinet. this is important. because you want to go bold and you want to go. >> lou: you want to go and not
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stop. >> and people at the beginning say president trump may enact the largest tax cut than reagan. when steve said the biggest in u.s. history. the tax burden. we just spend billions trying to comply. >> lou: you know what, the president didn't go big enough in the broad outline from conn and mu nichin. i heard great concern about the leader of the house of representative. none about mitch mcconnell the majority in the senate. will paul ryan be paul ryan one more time and everybody saying it better not happen. >> we have we have the speaker's support and the conserves and
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love democratic support. john kennedy did that and where are the fist val democrats and this party is pulled far to the left, but we would love to have democratic support on fundmental tax report. otherwise they will have to go. fwauk the president of all mefrns. you remember november ninety-ninth. president trump will be the president of all of you. >> lou: that included paul ryan and the fact is, with republicans controlling the house and senate. it is time for the republican party. not just the president who leads the party. but the republican party who showed the voters who put their faith in this president and it matters who is running the
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country and better respect this president and follow his lead. is that a fair statement. >> it is fair statement that he is is the man leading. and this is his package and idea and obviously need to work with the congress. look george bush got tax reform in june 2001 and he relied on 10-12 senators to do that many of whom were up for reelection. and we hope the republicans see this as a good plan. go bold or go home has resonance. if you are going bold you are able to go home and face your voters and look them and went from seven brackets to three. and got rid of the loop hole and did it for the middle class. >> lou: you are to be commended and we commend you for doing so.
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don't go home, it is too much work to do. >> i am here for a long haul. >> lou: we can't explain the republican party let alone the democratic party. thank you, kelly. >> thank you, lou. >> lou: we are over on our allotted time. and we'll pick up the pace. the trump administration making it clear that funding for the board wall may be delayed. >> building that you wall is a priority to him. we know that that can happen latter this year and next year. >> kimberly joins us on that and much more. president trump slapping are tariffs on canadian lumber. and we'll take it up with the and we'll take it up with the departrtrtrtrt
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else. was it appropriate and there are repurcutions for the violation of law. >> lou: they are punishable for up to five years in prison. but it would be you up to the justice department whether to charge general flynn. joining me now to discuss the activist justices. kimber lie. a new time for the five. 9:00. >>y we are graflt to all of the fox news loyal fans. we ask you to do it again tonight and going forward. >> i think that is. >> like a show for you. >> lou: let's start with general flynn. you are a attorney and former prosecutor. is it worth anyone's trouble to
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prosecute? >> can you imagine. i don't know what sessions will do. and the justice department will ultimately decide. i am sure they will do a full and thoroughy review of the claim and charges. and i don't know if any justice will be served by going after sxhim what specifically his intentions were at the time in tefrms of wonderful failure to disclose. >> lou: it is clear to me, who is supporting president trump from the beginning that it is good thing he went off the rails when he did, he could have been a major problem if he had these kinds of oversights. that is not a demonstration of good judgment, particularly on the national security council. >> it is it is an important
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position and especially given on what is going on in a volatile and we have seen activity with north korea and iran. >> lou: and mcmasters is doing good. >> solid choice. two thumps up one from me and one for dobbs. >> lou: i guess we are out of thumbs. the sanctuary stay in part block by another in a 9th circuit court in the great beyond in judicial terms. what is going on? why are left wingers appointed by obama able to shut down the presidency of the united states? >> it is awful and radical ideology run amok and they are legislating from the bench and
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they do with with willful abandon. i have worked in the sanctuary and so i know intimately the problems that prevail. >> lou: it is no more sanctuary than san francisco. sfwhshgs you see the revolving dorph people going in and out. and you can't ask anybody their true identity and they have 17 aliases. >> lou: kate's tragic murder. and the idea that we have to have executive orders and a attorney general begging the administrator and mayors to please do one thing. follow the law. >> can you imagine thatment taken an oath to uphold the law.
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is it too much to ask them to enforce the laws on the books. this is depressingly and demoralizing. the and previous administration is more interested in prosecuting the board patrol agents. >> lou: the border patrol agents are thrilled to have a new president at 1600. joining a vast majority across the country. good to see you and have fun tonight. >> you, too, lou. >> lou: congratulations on the show. and with the five led by kimberly, on the fox news channel. up next the subject of my commentary. the paul ryan problem. and president trump will not put up with trade abuses by canada. >> they are not able to sell
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their dairy products into canada and this is going on for a while. we'll not put up with it. >> lou: full report what is behind the dispute with canada and much more straight ahead.
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>> lou: the trump administration imposed a tariff on canadian lumber and president trump vowed to take care of the nation's dairy farmer and warning canada that a tariff on our product system is a problem. here's the report. >> reporter: u.s. commerce secretary called it a bad week for u.s./canada relations. he outlined a new tariff on the lumber. it is 24 percent. and costing canada $1 billion. and president trump did not hide
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that the latest shot was in response to protective pricing by canadian dairy farmers. we'll not stand for this. watch. >> >> canada what they did to our dairy farmer are system a disgrace. >> it was was ultrafiltered milk. and canadian farmers drove the price down and 75 dairieses in wisconsin and new york were notified they would not have a buyer for the milk in may. this family was look being at the potential of shutting down. >> we would have to have an auction and sell the cows. at the end of the month u.s. dairy farmers will have too much
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mullk. >> you can't pay the bills. >> reporter: canada said the problem is overproduction of u.s. dairy. >> the challenge in united states and canada is a global market issue and not caused by canada. >> reporter: the canadian minister issued the sharp rebuke and stating it will increase the price of new homes and putting them out of reach for tens of thousands of america home bares. 75 percent of the exports are bought in the u.s. the president does not fear a trade war and canada has a surprise and the u.s. a deficit. >> lou: the congressman will join us now. a few thoughts as members of congress are trickling back in
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the national capital. they heard an earful from the constituents and many can't understand why the republican party and can't get anything done. why they refuse the president move his agenda ahead and lord, they don't like speaker ryan. 40 percent view him negingivitily. it is up from five percent since february. and vast percentage of americans are unimpressed of congress. it is up 12 points of those who disapprove. there is no mystery about why. dems want a government shutdown and speaker ryan is cooperative with the democrats as well. ryan joins the dems of blocking the funding of the border wall and the white house and ryan at
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odds of on tax reform. ryan screwed up the repeal andy replacement of repeal of obama wear. it is ryan's world and we are all live nothing it. he managed to push through in 18 years only three bills into law. he was plucked to join mitt romney on the republican ticket in 2012 and they lost n and in the battle to remove jack boehner the freedom caucus was persuadeded that ryan would make a brilliant show choice and they were wrong. and now the hapless speaker on tax reform who wants to transfer taxes from business to
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consumers, once again renew ped effort to repeal and replace obamacare, this fellow ryan has it mucked up to a fair three well. keep the perk and fanciy airplane to ferry you home and back each and every weekend and let you go see the world. but please, please, just get out of the way. please, we have a nation that needs to be led. now, the quotation of the evening. this from president trump who said this. sometimes you need conflict in order to come up with a solution. through weakness oftentimes you can't make the right sort of settlement. i am aggressive and i get things done and in the end. everybody like meas. we'll be right back. >> the trump administration
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putting our good friends on notice. >> they are a close ally and generally a good neighbor but that doesn't mean they don't have to play by the rules. have to play by the rules. >> we'll it up to
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alongside is his new agricultural secretary newly confirmed sonny perdew. they will boost groith inaur agricultural sector. >> i love canada, but they outsmarted our politicians for many years, our farmers deserve a government that empowers them. we'll take carr of our dairy farmers in wisconsin and upstate new york and a lot of other places. >> lou: united states recordeded the slowest economic growth as trade deficits dragged on the economy. gross domestic pukt down from 2.6 percent. and our trade deficit with canada almost 12 billion and trade deficit with mexico totaling 60 billion and the
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united states has a trade deficit in goods with china. joining us to talk about the trump administration's prospects and what it is doing to ensure stronger growth and trade is the secretary ross. it is great to have you with us. i know you are busy as you can be going after all of the issues. starting with one you highlighted today. that is on lumber. soft wood lumber which canada is dumping lumber in this country for a very long time supported by subbe sides in canada. >> unfortunately, lou, it is true. the way it works, the provinces own the sanding timber and they
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charge way below market fees for what is called stump sxaj namely the right to cut the trees down. that in turn, lets the canadians ship lumber in the united states at a subsidized price. and they have a 35 percent market share and the debate as you point out has been going on a while. >> lou: i have to say mr. secretary, i am thinking back on at this time campaign trail and so often president trump said we have to have a smart government and behave smartly. it appears that almost every issue that you, the president and others in the administration point to, involving previous administration of our government, we have been abject fools? >> i don't know if they were
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careless or foolish or thinking something else. but whatever, it was not done the way we are doing it. we are emphasized enforcement. they were not thinking through the issues. just take these two issues that concerned the president in the last week, the doit filtered milk and lumber. if we had a well functioning trade agreement, why would they have to come to a collision course and result? the whole idea of a trade agreement it to make things go smoothly. >> lou: create a memism and resolution. creating balance in the trade relationship and something we haven't seen in this country over 40 year and that is encouraging to those of us who pay attention to trade and know how important it is it.
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i am wondering, are you tonight ideas about for example, reports on the impact of trade deficit on economic growth and on reports of the impact actually, the numerical reports of employees involved in outsourcing and we all better understand what is happening to the economy as a result is of the woeful trade practices that are pursued too long in this country? >> it is huge. as the president is fond of citing, 70000 manufacturing plants have closed in the u.s. since nafta was originateded. they not all were due to nafta. but some was. and some due to other things. can you imagine 70000 plants being gone. and figure out how many people per plant you are talking about a heck of a lot of jobs.
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>> lou: and jobs concern the president and you. and we are seeing you and the administration in action and i have to tell you, it is heartening to do so. it is great to see you mr. secretary. we appreciate you taking with us. >> thank you, lou. good to talk with you again. >> lou: up next, a startling new warning to north korea. >> the weapons that north korea would put against are easily defended. if it flies, it will die. >> lou: isn't it nice to hear our military talk like that. the general joins us with
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>> lou: there in the early morning. a missile. and minutemen launched from the air force base in california. and it travelled 4000 miles in 30 minute and hit its target in the south pacific and the u.s. military top pacific said uss
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ship is in the area capable of striking north korea. the submarine. and the navy confirmed they have 154 tomahawk missiles and park torpedoand not disclosing how many and there are just 18 of the submarines serving the u.s. navy. >> and joining me to discuss north korea. senior fellow lieutenant tony shafer. >> thank you for having me on. >> lou: starting with the ice test. if north korea's entire elite ruling order is not impressed by an icbm that travels 400 in 30
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minute and hit the target dead on, i don't know what it would take, do you? >> our missiles do work and don't blow up on launchpad ps. i think it is a signal sent to the north koreans and remember, lou, one of the issue is that we are making clear to the chinese we are serious. and notably and if military action happens in north korea and we confront north korea we can turn punning punning in a big bowl of glass and it would not take much. and they could do it in short order on call and guess who would be left holding the bag, the chinese. they would have to deal with it and they are taking notice of that. >> lou: and the chinese look at u.s. icbm's and the amazing number of war heads.
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we can tell the chinese and russians whomever. they know it and we admit that we have 450 of those minutemen at the ready. and any day, any moment period. that's got to cause a pause and it should service notice we are not interested in a land war and we would like respect if you don't mind? >> right. we have to understand lou, north korea is all about regime survival. i don't consider kim jong-un. he is a mast per brink manship. this is the first time, lou, that this regime and the korean, north korean country as a whole since 1992 has been challenged in any clear way. and so i think we are clearly saying, this provocation.
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this will not continue to be accepted and there will be consequence and they are something that mr. trump has been quiet about the specifics of. and clearly the demonstrateded moving of force and minuteman three clearly shows that we will use military force if necessary. and that message has to be clear to the north korean leadership. >> lou: we have a minute. now the thad missile is deployed in south korea and the ages defense system on the seas. this is an extraordinary. and we are getting to an extraordinary amount of surface to air and surface to missile firepower that could be successfully protective of seoul and all of south korea. >> and japan and the united states, too.
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we'll not shot at any missile but we'll know what they had in store for where it is going. based on my discussions with the pentagon leadership, lou, it is clear that we will drop any missile that is going to a target that we are trying to protect. and let me be clear, this is part of the problem with the obama administration. our allies lost faith that we would defend the south korean and japan. we are living up to our treaty obligations. >> thank you you, sir. >> lou: the mayor of berkley, california questioned about his ties to a group that is inciting protest and violence in the country. we'll have that with edrollins
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jackie: i was point-five credits away from completing high school and i didn't do it.
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my support team never stopped pushing for me to be better because they knew who i could become as a person. group: surprise! jackie: i've been given an opportunity and i'm just thankful for it. narrator: find free adult education classes near you at finishyourdiploma.org. >> new details. >> lou: 32-year-old jesse ara began is a member of the extremist facebook group inciting violence nationwide. the berkley police green chief blasted for his hands off approach and sitting and watching as demonstrators and protestors attack viciously recollects on the streetses of
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berkley. officers failed to intervened in brawls in a protrump rally. >> and randy evan and veteran of ten campaigns. and fox news contributor edrollins. and great to have you you here. and start with the executive order. how are we being benefitted by what is happening in these executive orders? and directly on tax reform? >> well, i think the president is taken the lead to make sure we return the focus back to businesses. my favorite one is that for every regulations you have to deduct two. and revisiting the monuments that obama used to take the public land out of the
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marketplace and revisiting that and making public lands available for leasing and mineral interest. that is designed to get the economy growing in a reaganesque direct way. and it is important to every one of those to have those resources available. it was a land grab as the president said by obama and in the final days of his presidency. we can add that to his attempts. >> it is good news it is allun done. and the reality is, donald trump will not have approval numbers. >> lou: i will bet you on that. >> let me finish my point. >> lou: okay. >> he's totally reversed it on leadership and he may not be always popular because of the group out there against him.
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and he will do the right things to be done. we need a strong leader and that is basicley over time be significant. >> lou: i take your point. i think there is a likelihood that he will be popular p indeed. moving through tax reform. people like nothing more than keeping money that washington likes to take out of their wallet and bank accounts and paychecks. i think he is securing the nation and enforcing the right values and moving the country forward and we are at day 97, randy. >> absolutely. and one of the things i said to reince priebus over the weekend. the whole fixation of how many bills. he had 27 pieces of legislation signed. but the idea that is quantative and the part that can't get
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measured is the bounce in the step in the country and optimism that things are getting better and that in fact we are standing up and leading the world again. that those are what you can't measure. >> lou: i got a kick out of a business network but not this one. talking about the market today and unease with the tax plan. and the dow was up. and these people are getting silly. and this audience is hilo sophisticated and can't believe what they are seeing. >> hopeful legal they are not watching. >> lou: i am talking about the paper process says. >> i agree with trump 100 days doesn't matter. but it has been a strong start. it will matter what happens in the next 1300 days.
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>> lou: it is day 97. it is really 150. lauren: breaking news this morning. congress reaches a bill to keep the government funded through soup number. health care reform expert. happy monday. i'm lauren simonetti. nicole: good morning. i'm nicole petallides. military action after the rogue state consciously failed long-range missile on friday. lauren: investors focus on washington as those corporate earnings. apple, facebook apple, facebook and tested to report quarterly profits. stock market futures to the upside of 22. nasdaq up

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