chris overbeck, thank you so much for joining us. by the way, you get to witness this, stocks rally into the close for the second straight day. yes, the dow is up 223 points, but it is the nasdaq that has charged ahead today, triple-digit move. that'll do it for the claman countdown. we will see you tomorrow. [cheers and applause] melissa: stocks climbing for the second straight day. take a look at the dow closing up 216 points, now back in positive territory for 2018. all three of the major averages ending more than a percent higher in the green for the day, the month, the year. i'm melissa francis -- david: look at that nasdaq, up one and three-quarters percent. huge jump. i'm david asman, glad you could join us. this is "after the bell." here's what we're covering for you in a very busy hour today. tough trade talk, the president meeting with japanese prime minister shinzo abe. we are listening to it, we'll take you back there as soon as we get a live report from

mar-a-lago. meanwhile, panic in the air. did you hear about this? developing details on a southwest flight making an emergency landing in philadelphia. the ntsb holding a news conference this afternoon announcing there has been a fatality after an engine ripped off in midair, at least parts of it did, and flew into a window. the latest on this tragic story. and the new book from former fbi director james comey prompting a lawsuit from judicial watch. the intelligence watchdog i -- suing the fbi for the documents that support the book's claims. judicial watch president tom fenton is among our guests this hour. melissa: the dow climbing today, only 6 of 30 stocks closing in the red. nicole petallides is on the floor of the new york stock exchange. nicole? >> [inaudible]

david: i don't see a mic. melissa: i know. [laughter] david: maybe she doesn't have it there. melissa: we love the market. nicole, thank you. we're going to figure out what happened there. david: big story was in the nasdaq. well, corporate profits fueling today's rally. let's bring in today's panel, gary kaltbaum, he's a fox news contributor, and a former investment banker and founder of the future legacy planning system, and i hope all of them have mics that are working right now. melissa: i hope we checked. [laughter] david: gary, first to you. you always look at how markets are affected by the news and if it's a great, strong market, bad news won't affect it. we've had a lot of bad news over the past few days, and yet the market continues to climb. i would think that's a good signal. >> yeah. i wrote about that and also unitedhealth, netflix. when you get those type of reactions off of earnings, that's good stuff. and today netflix really provided the juice for the beta in the market, the names like the amazons and the likes had a

gargantuan day today, 3-5% move in a bunch of names, and let's hope it continues. we still have a couple thousand more earnings reports to come out, but bad news bought up, and you can never argue with that. david: carol, we had bad news in the middle east. again, it was a successful raid we carried out out over the weekend, but still it was a concern for investors. and then we have this warning sign, the narrowing of the spread between the long bonds and the short bonds. when that narrowing happens, that's usually a danger signal. it hasn't been this narrow in about ten years, is that a concern to you? >> you know, it's interesting when you think about the bond market being a leagued indicator -- leading indicator, not to get too in the weeds, but when you do see those sproadz tightening, it's usually an indicator of things not going so well. however, nothing is normal in 2018, and we have a lot of -- david: hey, carol, forgive me for interrupting, but donald

trump is speaking, our president, let's listen in. >> doing better, perhaps, for both sides. great deal. right mow it's an unfair deal, i believe, for the united states, but what else is new? all of them are. but we are going to finalize a new deal fairly soon. we probably could have it done already if i wanted to have it done. but we are in very close communication and coordination with south korea, with your upcoming meetings and even their current talks with north korea. and as i said before, the war has never ended. if we can do something even before the meeting, the big planned meeting, that would be fine. but we're dealing very closely with south korea. they're the ones that came and told us about the original meeting that they want to meet with me, they want to meet with the united states specifically. we have not picked a site yet, but we picked five sites where

it's potentially going to be. we'll let you know fairly soon. and let's see what happens. we'll either have a very good meeting or we won't have a good meeting, and maybe we won't even have a meeting at all depending on what's going in. but i think that there's a great chance to solve a world problem. this is not a problem for the united states, it's not a problem for japan or any other country, it's a problem for the world. >> [inaudible] [speaking japanese]

david: okay. you are listening to the japanese translator of president trump. we don't think prime minister abe's going to talk right afterwards. if he does though, it'll take a while because, as you can tell, it's not simultaneous translation. the president talking about north korea which is among his concerns but, of course, trade is his number one issue. melissa: yeah, that's right. and he was talking about the meeting saying they've looked at five sites so far, they haven't settled on a particular one. covering all your bases, could be a great meeting, maybe it won't be a great meeting or maybe no meeting if we don't come to a conclusion. david: the war was never officially ended. there has been a truce but not an armistice, and that is what they're looking to do in the next generation of the talks. of course, the ultimate will be when the president meets with the north korean leader to talk about denuclearization. let's listen in again. >> north korea directly.

we have had direct talks at very high levels, extremely high levels with north korea. and i really believe there's a lot of goodwill, a lot of good things are happening. we'll see what happens. as i always say, we'll see what happens. because, ultimately, it's the end result that counts, not the fact that we're thinking about having a meeting or having a meeting. >> [speaking japanese] melissa: all right, let's bring in connell real quick to tell us, he's live in west palm beach, florida, and we're going to, obviously, keep that up on the screen, and when the president talks, we'll go back to him and hear what he's saying. connell, go ahead. >> reporter: seemed significant, we just caught the end of it as you guys were going back to it, talking about north korea. said i believe that the united states and the north koreans are already having what he described as high-level talks before his meeting would take place with kim jong un. that seemed like a significant comment from the president. it's obvious from listening to

him and shinzo abe, the japanese prime minister -- melissa: let's listen in real quick -- [inaudible conversations] >> respect for us, perhaps our leadership. before president xi has been very strong on the border, much stronger than anyone thought they would be. i'd like him to be stronger on the border, but he has been at a level that nobody ever expected. the goods coming in to north korea have been cut down very substantially. as you know, 93% of the goods coming in to north korea come through china, come through the border. so i want to thank president xi, a man we have -- i just have a great relationship with, a very special person to me. and we are also negotiating is very tough trade -- very tough trade deals with china. we hope that's going to work out. but he has been very, very generous in terms of what we're doing with north korea, and i would like to thank him. >> [speaking japanese]

melissa: so what connell was saying before, one of the most significant things is they did reveal they're talking ahead of big meeting that's coming up. obviously, there's a chance they could come to some sort of agreement -- i mean, that's very optimistic, but there's always the chance something happens before this big meeting between north korea and the president. and that's one of the things that's on the back burner. david: by the way, ibm just released their quarterly results. shares are down about 2% as a result of some of that information. we'll bring you details, what's happening with ibm in just a minute. let's listen back in to the president. melissa: yeah. >> [speaking japanese] melissa: all right, connell,

we'll bring you back in -- [inaudible] >> [speaking japanese] >> translator: so in your remarks, i understand that you specifically mention that you are going to take up the issue of the abduction issue in the upcoming u.s./north korea meeting, and this will reflect your deep understanding on how japan cares about this abduction issue. and i am very grateful for your commitment. >> you have my commitment. thank you. >> sir, have you -- [inaudible conversations]

melissa: all right. [laughter] well, obviously, they were shouting myriad questions at the president here -- david: he looked a little bemused about the cacophony there. the bottom line is there are serious efforts being made right now to nail down the final details of the president's trip to meet with the north korean leader. where that happens, we still don't know exactly -- melissa: they said they narrowed it down to five sites, and they were still vetting those. david: right. a lot of back channel communications going on to try to figure out the details of whether or not north korea's serious about denuclearization. connell mcshane might still be with us. are you still there? >> reporter: yep, absolutely, david. david: okay. bottom line is there were two issues, i think, that japan and the president were talking about. one was north korea but, of course, the other was trade. any progress on trade? >> reporter: not that we know of yet.

it's interesting the way this summit is being set up for two days. north korea's really the topic number one on day number one, and then we're told -- at least the way it's formally set up finish that trade and other issues would come up tomorrow. obviously, the president talked there in the appearances he's made, the second within about an hour, and made some comments himself. the focus is on north korea. again, significant that the president talked about these direct communications he says are taking place between the u.s. officials and the north koreans ahead of his meeting which he now says will take place east in early -- either in early june or possibly before that. significant as well that the president says the north and south koreans have his blessings, or his blessing to talk about a possible end to the korean war which, as david pointed out, never officially ended. it's been going on for 68 years. they may be talking about that, north and south korea, as soon as next week. now, on trade we had a briefing ourselves, us reporters, with the president's top economic adviser, larry kudlow, earlier

today before shinzo abe arrived, and a couple things came out of it. he was talking, number one, about tpp which the president dropped out of right after he came into office and whether or not he might get back in has been up, open to speculation because the president opened up that speculation, and he even commented about it early this afternoon himself saying that, you know, that was a possibility. gotta say kudlow was not overly optimistic in his commentary about it. he said that tpp would have to be in our interest. he said the united states would need to be convinced, and then he said he doesn't believe the president is convinced. so that's one thing on tpp. the other thing, and this is the final point, guys, is that the japanese are expected to lobby for an exemption to the steel and aluminum tariffs. japan didn't get one, so that's another thing we expect to be discussed probably tomorrow. melissa: yeah. that's quite a detail there, connell, important one. thank you. let's bring gary and carol back in to react. so there you go. i mean, that's really the art of the deal.

japan did not get the exemption. last time we heard the president talking about chinese trade and the chinese tariffs, well, that was the day that kim jong un came in and said all of a sudden he wanted to sit down. do you doubt that all of these things are connected? carol, i'll start with you. >> i don't doubt that they're all connected, and it is interesting to watch this unfold. i know that we all had some concerns on whether these tariffs were real or part of art of the deal. and i like the fact that we're negotiating in these one-off positions to try and get the best opportunities and deals for ourselves one-on-one vis-a-vis the particular issues with that country rather than just having some sort of blanket deal that may not make sense in every different scenario. so i think that that is actually a very smart strategy. melissa: gary, i mean, it's clear that the president put trade into play, and he's sitting here as you watch these two men on your screen, and he's linking these tariffs -- which

we know it's going to be tough on everybody if they're put in place, but he's linking them to everything that's going on in the region in terms of security and in terms of nukes. is that smart? >> tough call right there because when you're dealing with nukes, that's a whole different ball of wax. look, i love that he's talking trade. i've not been thrilled at all with the tariff part of it. but i've got to tell you, if it works, i'm the dummy, he's the smart guy, and i'll be a happy guy. [laughter] i tell you, when it comes to japan with trade, you might as well have donald trump tell americans just don't buy japanese cars because 70% of the trade deficit is us buying $40 billion worth of their automobiles and them buying none of ours. i don't know how you fix that up. melissa: yeah. be interesting. all right, guys, thank you. david: meanwhile, as we were talking, ibm came out with their quarterly results, and they're not good, at least not perceived

as good. last i saw, nicole, the stock was down about 4% after hours. as soon as the numbers came out, what are the problems? now it's down 5.5%. >> reporter: yep, the stock down 5.5% right now. you can see the adjusted earnings per share, beating the street of 242, revenue 19.1. that also beats. so beats on the top and bottom line but, again, the gross profit margin estimates less than expected. also i was trying to break down the cognitive solutions, this is something that the analysts have been talking about, that was one area of revenue disappointment in the last quarter. so the good news, though, was in the cloud area. that has been an area of strength. year-over-year it's up 22%, and in the first quarter 4.2 billion. so that is some good news there. but the big picture here is the stock is down 5.3% right now. for the year it's up about 3%. david: look for ibm to get slammed tomorrow. >> reporter: indeed. david: thank you, nicole. melissa: tax trouble with just

hours left to file, a major glitch hitting the irs that could affect millions. we've got the latest details. david: and a new strategy for syria. defense secretary james mattis and chairman of the joint chiefs of staff joseph dunford briefing the senate in this hour. a look at what could be next for our troops on the ground. melissa: and former fbi director james comey making the rounds on mainstream media touting details of his book that's out today. those details have now prompted a lawsuit from judicial watch, the intelligence watchdog suing the fbi for the documents that comey used to support the claims in his book. judicial watch president tom fenton joins us next. david: and panic in the air. developing details on a deadly southwest flight that made an emergency landing in philadelphia. the ntsb holding a news conference this afternoon announcing there had been a fatality after an engine or parts of it ripped off midair

and flew into a window. the latest on this tragedy aric story coming up. -- tragic story coming up. ♪ ♪

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melissa: breaking news for you right now. one person has died after an engine failure or during a southwest airlines flight. gosh, i practiced that, christine, forgive me, live in our newsroom with more. >> reporter: yes, airline number 1380. what happens is it left from laguardia in new york heading into dallas. but, like you mentioned, there was an engine failure, so it had to have an emergency stop in philadelphia which is what you're seeing right now. what we are hearing at the moment is that there is one death, and why is that? because as the plane was coming down, the engine, there was a failure, shrapnel hit a window.

the window cracked and started sucking objects as well as a passenger on the plane to the window. and we're going to show you footage right now, i found it on facebook live, from what is reportedly one passenger. you can see the oxygen mask that he's holding, this is martin martinez. quite graphic. or traumatic, if anything. and so the engine failure happened on the left side of the plane. there was a press conference earlier just a few hours ago, and you had the chairman of the national transportation security board make a statement. listen to what he had to say. >> former boeing 737 pilot, and i flew the 737 for tender years. -- ten years. have i ever experienced a situation like this, and the answer to that is, no. >> reporter: southwest has apologized and are deeply saddened by the one fatality. there were 143 people on the plane, 5 crew members. one death, no other injuries at

the moment. this is an engine, it's called the cfm-56, it's a very popular engine used in commercial transportation. it's actually a joint venture between general electric and saffron aircraft engines which is a french company. cfm-56, this was a boeing 737 plane, 143 people. right now philadelphia airport has said that all planes are still able to land, but there might be some customer delays at the moment. so definitely sad because there is one fatality, but southwest has over one million flights per year, and they have a very, very high safety, i guess when you're talking about number of planes, they have a high safety record. melissa: how terrifying. christina, thank you. david: battling overseas, a legal fight over michael cohen's documents is far from over, and republican congressman matt gaetz is slamming the gop for

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. >> i decided in the wake of my firing it dawned on me over a few weeks that i had something they could be useful. david: former fbi director jim comey claiming he wrote his memoir based on a sense of being useful. how did he get the memos he used to write the book with? were notes obtained legally? my next guest thinks there is a chance they were not. he is suing, here is tom fitton, judicial watch president who never gets tired of suing the government. tell us why you are suing the fbi with regards to comey? >> we know that when you are a senior official like comey is, you are supposed to submit manuscript for prepublication review, we've updated the

request, didn't get documents, sued again because the fbi and the justice department approve comey going out and speaking about ongoing investigations? classified investigations seemingly. he took the purported conversations with donald trump, he wasn't allowed to take them. we've asked for them under foia and in our lawsuit the government said you can't have them, and any leaks of those memos to the media like comey did, they compared to wikileaks, highlighting the illegal nature of what comey did. is comey still using these records? did he get approval that he had no right to, to begin with? this book, i have a feeling that comey got a special deal from the fbi because he was going after trump, and they were unwilling to say no to anything -- to things they would have said no to if you were anyone else. david: did the d.o.j. had to give excuse as to why they were

not going to share the documents with you? >> well, the comey documents, the comey memos they don't want to give them to anyone, to congress, to us. cnn is suing for them. these records just ignore our requests. this is -- david: what options do you have now, tom, since they ignored it? of course, congress can subpoena them, but is your lawsuit going to pay out in any way? >> yeah, the federal court's going to force them to turn them over or explain to the american public and to the courts why they're not turning over documents. this is the process. someone's got to provide accountability, no one else seems to be willing to. david: now, there are a lot of things, many of which you pointed out, credibility issues with jim comey, in the past, to say the least. i'm worngd if a man with so many credibility issues is going to be used as a witness by mr. mueller? >> yeah, i just think, david, i've been thinking about this. any case related to obstruction

of justice and firing comey which has been bandied about, if that isn't dead, i don't know what would cause it to die given comey's misconduct in going out there and talking about this ongoing investigation, documents he shouldn't have had to begin with, and other things like that. david: and by the way, it's on the left and the right. as many people going after him from the democratic side as the republican side. i think of all of the witnesses that mr. mueller has or some of whom he's put before a grand jury, one appeared drunk on television, sam nunberg, the other guy is a convicted child molester george nader and james comey. what does that tell but mueller's case? >> did he obstruct justice in firing his fbi director as he's able to do as president of the united states? he has no case, or he's not pursuing a serious case. why would he allow comey to speak like this?

i don't think comby would speak like this if he thought there was serious prospect of him being use as a witness against the president of the united states. it leads to the question, then what is mueller doing? and leads to the next opinion they have that you need to shut it down because i'm not sure what the basis for any serious investigation is by mr. mueller at this point, that the d.o.j. can't be doing without the credibility issues of the mueller operation. david: tom, let us know if you receive anything, we'll put you back on air. tom fitton from judicial watch. thank you very much. appreciate it. >> you are very welcome. melissa: ibm down more than 5% afterours, despite beating first quarter revenue. the issue is growth profit margins. profitin margins hammered ibm shares after the last earnings report in january when the stock tumbled 4%. ibm on track to shave 60 points off the dow when stocks open tomorrow morning. david: a closed-door briefing

on capitol hill. defense secretary james mattis and general joseph dunford meeting on syria. what we can expect? coming up. melissa: starbucks closing its doors for a few hours. why and when the coffee chain won't be open for business? because my body can still make its own insulin. and i take trulicity once a week to activate my body to release it, like it's supposed to. trulicity is not insulin. it comes in a once-weekly, truly easy-to-use pen. and it works 24/7. trulicity is an injection to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. don't use it as the first medicine to treat diabetes, or if you have type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you or your family have medullary thyroid cancer, you're allergic to trulicity, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away

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briefing senators on military action in syria. this is reports indicate the president may want arab countries to police their own neighborhoods. here is a retired navy s.e.a.l. david, arab force and arab lands, frankly sounds good, makes sense, but is it possible? >> it does make a lot of sense. is it possible, is the big question. i think it is possible. saudi arabia asking for it a while. they were denied it under the obama administration and should take another hard look at it and allow them to police their own area of the world. david: particularly when a lot of americans share what president trump said when he was campaigning to be president about not wanting to be the policeman to the world. recently, of course, the president was criticized for saying he wanted to pull the troops out of syria, and, of course, he famously criticized president obama for saying the same about getting troops out of iraq and doing so leading to the development of isis, but lindsey graham, who is listening to the generals had something to say about this.

let's take a listen and get your response. >> i think this whole argument about withdrawing has really hurt us. i think the combination of we're leaving syria in a very weak military response makes isis think we're leaving. david: what do you think of that, david? >> i don't think so. i couldn't disagree more. i think that he -- i don't know what senator graham is pushing for, perpetual war. of course, it's common sense to say we should get our troops out of a place as quickly as possible. that's not laying a timeline on it and i don't believe isis is a resurgent power that we have to keep on top of. we destroyed the caliphate and mitigated largely what they can do. david: you are a special forces guy, i remember famously after 9/11 the special forces getting rid of the taliban in afghanistan. could we do the same, if we see isis raising its head in syria

if we pull out our troops, could we send in the special forces guys, a couple hundred to deal with them? >> a combination of that. that, plus we demonstrated we can do strikes relatively quickly wherever we want in the world essentially. that in combination with special operations and good intelligence whether it's signals intelligence or human intelligence on the ground can mitigate a lot of these things and keep them in check. david: final question, last weekend, we were holding our breath hoping there wasn't a direct confrontation between our forces hitting sites inside syria and the russians directly. were you holding your breath as well? >> not at all. i think they were looking at general mattis or secretary mattis was looking to be very strategic about the impacts of a tactical strike. so they sort of gave advertisement. we saw the russians move ships out to sea. i think that everybody is prepared for a measured, limited strike, which was good. david: was it strong enough?

>> absolutely. i think it was the idea is not necessarily just to take out the chemical weapons, which we'll see where that leads, but it's a message to the rest of the world, to north korea, to iran, to russia, we're willing to act. david: absolutely. david sears, good to see you, my friend. thank you very much, appreciate it. >> thanks, david. melissa: starbucks will close all of 8,000 u.s. company owned stores during the afternoon of tuesday may 29th in order to conduct racial bias education aimed at preventing discrimination in the stores. the move in response to protests in philadelphia after two black men were arrested waiting in a store last week. david: so they're closing so we have to buy double shots in the morning and put them in the refrigerator. melissa: or go to dunkin donuts. >> watch out starbucks. a glaring hypocrisy at the justice department. new concerns how the d.o.j.'s handling the investigation into president trump's attorney versus the probe into hillary

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for 90 days, plus get up to an $800 cash bonus when you open and fund a new account. ♪ . david: breaking news, southwest just out with a statement following the emergency landing in philadelphia. quote, we are deeply saddened to confirm that there is a fatality resulting from this accident. the entire southwest airlines family is devastated and extends its deepest heart felt sympathy to the customers, employees, family members and loved ones affected by the tragic event. we have activated emergency response team and deploying every resource to support those affected by this tragedy. melissa? melissa: hypocrisy unfolding, a judge considering how to handle the records seized in the fbi raid on president trump's personal attorney michael cohen. my next guest says when comparing this to the clinton investigation there is

hypocrisy within the d.o.j. here is matt gaetz, house judiciary committee. thank you for joining us. the only concern is if they handle the clinton investigation poorly, you don't want them to apply the same loose standards to the next investigation, right? >> you are right, melissa. when there is such a clear double standard how people are treated, it provides great context to the other things happening that the department of justice and the fbi. as you remember when hillary clinton was accused of mishandling information, destroying documents. she and her team were able to self-curate the information to the fbi and the department of justice and if they designated something personal, that designation was allowed to stand. compare that to what's going on with trump's personal attorney, michael cohen. team is asking for the documents to be reviewed by a special master, rather than the very officials at the fbi and the department of justice who demonstrated bias and who in my

opinion are deploying a sense of hypocrisy and a double standard. david: didn't they ask for them to be reviewed by themselves? they asked for the same standard. thatf the motion in court, it was not? >> i believe one of the alternate remedies was have a special master review the documents. the fbi wanted to review them themselves and make their own determination and penetrate the attorney-client privilege. you have to have comparable standards. you can't have one standard for the clintons and another for everybody else. that's what's made the country so frustrated when. i heard chuck schumer crow on the senate floor how a judge had to sign on this. this particular judge was bill clinton's nominee for 1993. it's not as though he has no involvement in politics. melissa: kim ba wood did officiate nancy pelosi's wedding, there's a lot of

things that don't feel right. that's why the president was elected because so many people felt like the clintons did have their own system of justice that had nothing to do with anyone else in this country and only for them. so it just seems like what was done there is wrong, you don't want to repeat that mistake. what would be fair in your mind? >> it is very typical in litigation to have a special master review the documents, that happens in discoveries, disputes all across america, every single day. but here the very disparate and odd thing is you have the fbi and the department of justice seizing the documents in a raid that is totally out of step and out of standard with how document production works. >> do you believe, even if they were turned over. one of the arguments is they went to a special magistrate or judge that is too voluminous to have one person do it, you need to have a team. do you believe, have they looked at the documents since they have them? i wonder what's happened to them in the meantime?

>> i wonder that too, melissa, and particularly concerned because this is the very fbi that allowed thousands of e-mails regarding hillary clinton to be destroyed. so i think you're correct to be concerned about the chain of custody with evident, and i don't know if they reviewed those documents or not. i do know those are very strange tactics that violate the norms of how litigation works. melissa: congressman matt gaetz, thank you for your time. >> thank you. david: think of how many thousands of documents they have. melissa: and the phones, they took everything. david: unbelievable. today is tax day, of course, and republicans are taking a victory lap on the historical tax cuts. but are the american people buying it? that's next. along with breaking news from senate majority leader mitch mcconnell.

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. david: just what you need, a big problem for last minute filers on tax day. the irs is working to fix a technical glitch preventing it from accepting direct tax returns ahead of tonight's midnight deadline. the problem stems from a disconnect between the irs and tax prep software companies. irs commissioner said taxpayers should continue filing their tax returns as they normally would, of course, they always want the money coming in, millions may be affected by all. this continue to follow this story for you. melissa: republicans are working hard to sell tax cuts to the american people ahead of the midterm elections. senate majority leader mitch mcconnell touting the law to neil cavuto. listen. >> 80 to 90% of the american people get tax relief out of this bill. not a single democrat voted for it as you pointed out in your introductory observations, they want to take this to the american people and we're happy to do that to see whether the american people think it's a good idea to keep more of their

hard-earned money rather than sending it to us to be spent on whatever we choose to spend it on. melissa: here is james freeman from the "wall street journal" and a fox news contributor and annika green, former speechwriter for george w. bush and worked for senator mcconnell early in her career. james, i thought this is where the rubber meets the road when you have actual math or actual money involved. republicans said, like mitch mcconnell, 80-90% of people see a tax cut, and democrats went out and said that's a lie, you know you're actually going to see this is just for the fat cats. you are going to see taxes go up. what is the truth that the american people are seeing and are going to see? >> almost everybody gets a tax cut here, you've got, obviously, a big corporate rate cut which is great for growth, on the individual side, it's rate cuts up and down the income leader, doubling in the standard deduction, it's great republicans are focusing on

this again, after they passed this in december you saw the immediate surge in polling and the president's polling, it started to take a dive with all due respect we started the trade fighting, and then also the big spending bill, that was a downer, i think, for everybody hoping for kind of a new era here of private economic growth. so i think getting back to this message. the product is working and you can see that in these earnings reports we're seeing this week. so talking about tax reform and growth is where republicans ought to be. melissa: i guess annika, i guess my point is, is it about the message or the reality? is it about selling it? like when obamacare came out, everybody's premiums go down, everybody who could do math knew that wasn't true. does everyone realize that, in fact, premiums go up and they have less coverage and, in fact, that happened, it took a bit, but people believed the lies that were coming out until their actual experience refuted

the lies they were being told. in the end, isn't it about your personal experience? not what washington is selling? >> i think to a certain extent it is. we saw a lot of people see an immediate increase in their take-home pay, and there were a lot of christmas bonuses. but christmas seemed far away now and congressional republicans believe they're not doing enough to get the message out there. this morning the nrcc chair was telling members look at the polling, they haven't heard from you. constituents need to hear from you about the tax reform bill and what it's doing for them so they are reminded that the little extra is helpful and because of republicans being in power. melissa: james, sounds as simple as they already spent the money. >> there is a suggestive campaign this is not benefitting the average person, that's not true. you had high-profile mistakes in the reporting.

"new york times" made one in projecting an imaginary couple and claiming they had a big tax increase and turned out they would get a tax cut in reality. there's been misinformation out there. i think the point is that what the idea is this would help the economy grow. all indications are it's working, and i think that's a good set of facts for republicans to go into november with. melissa: as long as we don't get tripped up with the other things, the fight over tariffs at increased costs in other areas that impact consumers or talk about the spending bill, that could impact things as well. final word to you? >> absolutely could, and we know that president trump likes to throw a lot of issues and kind of see what rises to the surface and keeps the news cycle rung. one interesting thing i found in the "wall street journal" poll is the number of adults surveyed who had no opinion about the tax bill was 34%, only slightly lower than the

number who overall opposed it at 37. i think they're not hearing about it. melissa: interesting, thank you so much. of course you have to believe in polls. david: yeah, we found out about polls in the 2016 election. melissa: want to be consistent on that. david: just because you're at the beach, doesn't mean you should be without your pizza! domino's delivery, breakthrough, coming up next.

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on your phone. i have always resisted that. the pizza may be the thing. melissa: it takes a lot of confidence to eat a pizza in a bikiniism i'v imfism. liz: all 3 major averages in the green for year, investors cheering a rip roaring earnings season, but the media still ignoring the economic ren -- renaissance, they are ignoring economic growth attacks cut bonuses, growing number of companies. 5 dozen companies. and this as president trump hosts prime minister of japan in florida for more tough trade talk, this breaking news, china trying to hit back, now trying to get u.s. allies in europe to go against quote, u.s.