david: hello folks welcome to kudlow, i'm david asman,

in for larry kudlow. new migrant scrai caravan of 8 thousand people is headed for america's southern border creating a bigger dilemma for biden administration, despite a official downplaying this situation. saying, these reported caravans generally travel very slowly and often splinter before they make progress moving northbound. all of those immigrants usually get their way and come in. and all this is as record number of illegal migrants flooded to southern border, already 250 thousand encounters this month. grady trimble is in dc with more. reporter: biden administration officials were in mexico, meeting with the president. and other officials there. we didn't get any specifics from homeland security secretary alejandro mayorkas. or secretary of state antony blinken. but most of the details

we're getting about the meeting are coming from mexico's president obrador, saying two sides agree to open border crossings that were closed because of surge of migrant. he said, fentanyl hardly came up. two sides did agree to meet against next month, that time it will be here in washington, d.c. the critics of biden administration doubt alejandro mayorkas characterization of meeting that he called very productive. >> it is a check the box, let's pretended we're doing something, there are no solutions. >> we have no strength, they know it they went down there for a photo op, policies have not changed. mayors of new york, chicago and denver want president biden to sense them more -- send them more money to deal with the inplu int influx

of migrants. >> this is the federal government, looking the other way, they can have all of the talks with mexico they want, but this is our border, our problem, we need to do something about it. reporter: with border encounters and crossings at an all-time high and massive caravan on the way that likely mines more migrants headed to sanctuary cities, they are already stretched thin, we'll see what they do. david: grady thank you. >> joining me now is new york congresswoman nicole man. >> i just heard from grady. i heard from no talk about

fentanyl, what is it, that harming americans more than anything else from the border right now. 100 thousand americans died as a result of fentanyl, how do you respond. >> it is outrageous. thousands of people died alone here in new york city, it is because of the open border that is allowing for fentanyl to stream over, making the drug cartels billions of dollars a year, and fact that our president, this administration, not only refuse to secure the border, but refusing to bring up the issue of fentanyl, that we know is coming from china in form of ingredients to mexico over the open border, president has to do more to be proactive. to stop this flow. it is concerning, you see so many governments unfortunately corrupted by the drug cartels, we have

seen convictions of countries -- officials in central and south america, our own administration won't bring it up begs the question to why? why do they continue to allow the drug cartels to profit off deaths of american people. david: what is the answer? why are they not talking about fentanyl? at major meetings? >> you know, i don't know. that is the problem. no one in this administration will address this issue that we're sounding the alarm on, everything they say is classified perhaps. americans are dying is the bottom line, we should be

proactive, this a combination of fentanyl killing americans, then policies and states like new york that release the drug trafficking and dealers back on to streets without bail, they want to have some -- many of left wing democrats feel we should be an open drug society, netw new york city council wanting open drug use to be decriminalized in new york city, that is what democrats believe, people are dying as a result. david: other thing decriminalized is illegal immigration itself. through sanctuary cities, here is some sanctuary city mayors and they are crying for help. because they can't afford it. pause they lured thei immigrants in. >> without real significant investment from our federal government is not just city of chicago that cannot maintain this mission but the country at stake. >> we cannot continue to do

federal government a job. we have spoken to fema, and other federal officials who expressed concern about border surge but not offered additional help, we need act and now. david: i know there are costs it will cost new york, 12 billion in next 3 years, migrants are expecting same for themselves, that citizens are getting and more so. but the expenses are huge. it costs 38 thousand dollars to educate a kid in k-12 in new york city right now. per kid. but don't a lot of su sanctuary cities have to blame themselves? >> that is right. these mayors, including mine in new york city are incentive advising this illegal immigration, they are offers all sorts free services, i find troubling

about that clip, they are not calls for border to be secured or surge to stop or legal immigration who have been waiting in line are further pushed to justice system to heard to have visas. they are instead asking for is more money. that sewell it comes down -- that is ass all it comes down, toes democrat solution is always more money. it does not solve the problem. they don't care that the drugs are coming in as well, they care about more resources for the city, their approach wrong, if i were mary would tell chuck schumer, that needs to do his job and pass border security act that house passed in may, he has been sitting on since then, that would restore policy of previous administration and end what president biden has been doing by executive order. david: other thing that the democrat mayors and people in senate are flames is governor -- blaming is

governor abbott from texas for sending in migrant to their city which is nothing compared to the thousands that are coming. that federal government is responsible for -- the supervisor of san diego, jim desmond, we saw a sound bite him from. 62 thousand migrants have come to san diego in just the past 3 months, and here is what he says about their putting blame on the texas governor. >> i think it is ironic that you mayors of chicago, and new york, and denver, all blame you know state of texas, it is the border itself, here in station county, it -- san diego county it is federal government tropin dropping people here at a parking lot. and then these people are helped by our nonprofits who

are funded by county and local taxpayer dollars. >> governor abbott has responded. >> he says: >> has governor abbott got it right? >> look, governor abbott is accounting for maybe 10% of individuals coming to new york city, it is irra irrational to think that 10 million people will stay in one state, they will spread all over. but, our mayor has been misinterpreting new york city right to shelter law

that is meant for homeless new yorkers and insists it is responsible of taxpayers of new york industry city to provide free housing. david: a lot of those -- tax payers are moving out in particular those that provide the most revenue for the city, wall street is moving to florida. and texas, rapidly right now, causing tremendous problems for the revenue keepers, in new york. saying, not only are they spinning more on migrant, but they are getting less from the taxpayers in particular these wall street titans. >> what is the common thread. migrant crisis, crime is skyrocketing you and have high taxation driving out middle class in particular. and jobs and companies. to lower tax states, these

are what democrat policies are doing to cities like new york we need to reverse course. i didn't think that someone could be a worse marathon bill de blasio perhaps we're wrong. the mayor needs to stop incentivizing the mass migration to new york city, and telling the senator of his own state and city, chuck schumer to do his job, pass your bill, or pass your own bill, but do something, you see what is happening in the city, mayor saying it is bankrupting new york and hiring freeze of police officers, we need to do something to address the crisis, house republicans had a solution, senate should pass it. >> these cities it really is a race to the bottom. who will go further toward the the bottom. thank you happy new year to

you. >> but. david: coming up remember this, roll it. >> you know, um, the president was familiar with what his son was going to say. >> house republicans are now solici vot investigating whether joe biden was involved in his son's ignoring the s subpoena. when kudlow continues. ♪ a super strong and capable chevy truck. ♪ and a high-tech chevy suv. ♪ why is chevy making affordable vehicles, connected by onstar? so together we can do more. -dad, what's with your toenail?

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david: was president biden involved in his son's scheme to defy a house subpoena. >> you know, um, the president was certainly familiar with what his son was going to say. and i think what you saw was from the heart from his son. >> it sounded like it, now republicans are opening an investigation a new one to get to the bottom of it decide whether it is. >> joining me now is governor mike huckabee, obstruct of justice is impeachable. >> it appears he may be i'm not trying him in court of

television. but i do think it is troubling that if he in fact discussed with his son he should do and not follow a congressional is subpoena and do a news conference and all but give the middle finger to all of congress in saying i'm not going in the building. that is troubling. joe biden is a lawyer. he may not have been the top of his class like he said he was, but hunter biden is a lawyer, they know better, this is insane, i can't imagine why they ever would have somehow believed it was okay to thumb their nose at congressional soupina with matters as important as these. david: and trump aides convicted of -- con.

contempt of congress. what about hunter, will he get some kind of a charge? >> i'm sure we won't, he should. but if merrick garland does not pursue the same thing for hunter biden, he did for peter navarro and steve bannon than we do have a two-tiered justice system, but we know we do, peter navarro was on staff of president. he believed and i think he is right, that the eco executive privilege that extended to him in working for president meant sep r separation of power was such he was not able to go to talk to members about congress about what conversations he may have had with the president, that is a different situation from hunter biden who had no executive privilege, he was not under the house

protection. there needs to be separation of powers, it has nothing to do with hunter biden, and hunter biden should be forced and compelled to give the testimony. david: a great point. there is another aspect to this two-tiered system of justice, main to it. but the classified documents case. where you had president biden and lord knows how he got those classified documents that were stu all over the place. but how did he get them out? president trump we know how president trump got the classified documents, he was president. and under president at authority act he had the right to take some of those things out, whether he mistreated them is another issue, but prosecutors are slow walking a obvious case against joe biden but rapidly pursuing the case against donald trump.

>> i don't think it is a slow walk, it is a no walk, they won't do anything, why did he have documents as a senator, he was not allowed to possess those documents they had to have a in the scif, private room in capital, they could see documents nots could not take them, but president could take documents. he could declassify them, he is only person not a vice president or senator, no one else can declassify documents just the president can declassify documents and say, these are no logier classified. -- the question is did dodonald trump do that, he say he's dsome people in archives say high did not, but let's face it even sander berger who worked for bill clinton stuffed classified papers down his pants and nothing happens to him, this is insane, i think

that americans are supporting trump, they watch this and say, hey, this is not the same treatment given to donald trump, that is givegiven to democrats, especially joe biden and hunter biden. david: bee zee a move to get trump removed from colorado ballot, g.o.p. has taken it to court. they are trying to get a quick verdict by the supreme court. on whether this is constitutional. the secretary of state for colorado, supported their supreme court decision said the following: >> i hope they act quickly too, it a im guilty verdict by decree, this has been no charge, no

conviction, they are just decreeing he was im guilty of insurrection. >> let me put it bluntly, that person is an idiot, if they could deem someone guilty of insurrection buzz because they think so, he las ne has never been charged or convicted, this is absurd on its face. and i hope the supreme court will get it, and i hope a 9-0 decision, the 14 amendment in no way was intended to keep a presidential candidate off of a ballot, and responsibility constitutional scwoa scholars know, that one thing it, it were to happen, then they will rieux the day, in other states, if this c new way of doing things, let's take joe biden

off the ballot in texas, and in states florida, and where they run by republicans. david: if you can rule that someone is guilty by de cree, no matter whether you are president or -- anybody due process is dead in america that is that simple. you have to go through the due process, governor, great to see you, have a happy new year to you. >> appreciate you. >> thank you, david. david: coming upii expert arwarn houthi red sea attack is a plot, so why are bidens siting by we talk about it with florida congressman corey mills and 18 days until iowa caucuses. trump is still ahead, does anyone have a chance we have

hogan gidley and deroy murdmurdock when kudlow continues.

david: global oil prices are falling, major shipping disruption in the red sea continue to ease a bit. joining me now to discuss phil flynn. fox business contributor, and a good friend, merry christmas to you. how much longer will the lower oil pricing last? >> it depends on what happens over the weekend. merry christmas and happy new year. rights now 50% of ships that were not going to go through the red sea are now going through the red sea, 50% are not, it really will come down to how effective united states in this international coalition will be at stopping houthi rebels, if we see one attack, you know from the houthi rebels, in oil tanker, i think that

calm that we've seen in market could go away quickly. david: you say, i read your note, that iran thinks they have already won, they succeeded in blockading a major sea route, with no consequences. maybe a little bit of consequences, but they are showing their power. that is what this is about from their perspective they won? >> they really have, i feel like world economy held hostage, day 54, iran has run amuck, this is lack of response to outrageous that wove seen. right now, we're allowing iran to hit another record on oil production, taking that money, they use it to support houthi rebels. hamas terrorists and hezbollah, and we stand by, iran feels they can do

whatever they want. >> they should feel that way it has been appeasement from the beginning, we have to leave it there thank you so much happy new year. >> staying on the middle east, since midoctober there have been at least 106 attacks on u.s. bases, they are not letting up, why is biden letting iran push us around, joining us now florida congressman corey mills, this is beyond appeasement this is really pure humiliation of u.s. by a crew of rich tyrants in iran. >> that is right. and if you look back too what was just said by the correspondent phil, this all funded through the allocation of oil exports, that has increases year-over-year under biden administration, taking it further biden administration is also ones who actually

delist the houthis from being's terrorist designation. weakness embolds this aggression, we have to understand that china, russia, and iran and north korea have a geopolitical alignment, they want to go after not just u.s. from an economic perspective, with disruption of congress. but also the utilization of things like w.h.o. and opec they would go against the u.s. petro dollar. they are trying to supplement that while utilizing marriage of con convenience to block off tariff trades, this a broader issue, we have continued to, whether it general has hassan of hezbollah and lebanon or hamas or houthi rebels, we seeing's war against iran, israel is fighting against iran and iran is taking

their aggression out on americans and the west. david: we're the big fish. they have said it time and again we're not listening, we're are the big fish, israel is little fish to them. they can use the various -- to attack israel but we're their target, what kills me that right from the beginning after october 7 we heard from this administration that iran did not really have anything to do with it there was a john kirby press conference at the end of october he said we could put up some of the vvery nobody is locking for a conflict -- looking for a conflict with iran. this is not up to us to say that. iran already las looked for a condition -- has looked for a conflict with us, we're in a conflict. >> let's use your analogy of big fish. america, our big fish is china. china is the one who is

largeests importer of iranian oil, they are trying to get u.s. involved to a quagmire warfare, we just pulled out of afghanistan, it was failed withdrawal under the biden administration, they want to throw us back into a interventionist find the set, china is utilizing these as proxies. they are trying to train us down economically and our munitions so when they go after taiwan, and continue to look at their economic warfare and go forward with their prop propagandaa -- mis. >> there is another example. >> secretary of defense gates said that beat

ted josh joe biden has been 100% wrong. >> our team in mexico trying to figure out a way to deal with mexico. they have spoken to mexicans about amnesty talks. this is not up to them to talk about amnesty it is up to president to talk to congress and senate, but we're really talks to mexicans about amnesty. what do you make of this, we're in mexico talking to mexicans about amnesty for the millions of illegal immigrants that are now here. >> it is weakness by this administration, we get rolled and be not respected on the world stage, we need to get back to president

trump's america first agenda, we this hi things like remain in mexico and threatening tariff and trade violations on mexico to spring their military to border, idea they are looking at amnesty, this is not fecklessness, this is treason, i am hoping that we continue to move forward under speaker johnson to impeach mayorkas and joe biden, and look at fact that kamala harris was border czar who has done nothing our border is number one issue in america this is human rights national security, and a health crises that we must address. and senate has refused to take up hr2, we need to look at enforcing the laws that on the books and allowing i.c.e. to do there job but whether china, mexico iran or southern borders all you see is weakness and this administration does not have

boldness. david: cory mills thank you congressman. happy new year. >> joining me now, hogan gidley. and deroy murdock, contributor for daily caller. i want to ask you first, i am switching gears about this communique that came out of mexico, between blinken and mayorkas down there and what the communique says from mexico, hogan to you, according to communique, i am reading a quote, it discussed benefit of regularizing situation of long-term undocumented hispanic migrants and daca recipients, that is from their communique. and speaker johnson has labeled it as uncontionable. >> it is unbelievable. i'm vli'm glad you are

hitting on this important people deserve the truth, they are not getting it from biden administration, flooding in of millions here illegally to put strain on our health care system, first responders, and on our education system they are happening, and 100 thousand fentanyl deaths here, cartels own the sc southern border to hear biden administration down there with mexico and talking about an amnesty, they should not be talking to them about it, they should talk to our congress, this is not by accident this is by dis design. >> they want to flood country with people. who they think will vote for them in p perpetuity. >> and most offensive to people like and you me who have family members who have been trying to get in here legally for years, i have a

sister-in-law, i could tell you stories for over a dozen years now we've been trying to the getting it done to suddenly see people who come in illegally, leap pro leapfrog is insulting. >> it insulting and outrage, i know people who have been waiting for green cards and on visa wait list and got kicked out, they spike english and they work and hold jobs, they came here legally, you have 8 million people running across border, invading the nation and response and we'll have amnesty for you. to get in here, and this is deliberate biden and company see them as i call them future democrats of america, to get them amnesty and voting cards and vote democrat, this is the first step this this outrage, this

and i think an abomb na. >> people who love dim democracy are importing their future, this is impeachable. david: you hear about charges of dictator ship of donald trump, what is that. yyou c consult with senate and congress, you come up with a plan, you don't talk directly with the mexicans about amest inty. am ambassadorrest in -- amest inty. >> filmcrats accuse republicans of thins they are guilty of doing.

this, there are so many laws on books to prevent it for that administration to ignore those laws, you may not like them you don't have authority to do it. you are in violation of your oath of office to up hold the constitution and abide by the laws and execute them from the president's say tseat. they don't do, that think about this is doing not only our country but i thought the left of party of hume humane action toward women and children, the children are dying, they are use by drug cartels and administration has karine jean-pierre saying, you people on the right who want a secure border, you are inhumane, no what is inhumane is what you are allowing to consider.

>> so much truth. david: the curt cart -- curtain is being pulled back more and more and rates of biden at this point is lower than for jimmy carter at this point. he lost, but i think we can put up numbers carter with 54 fo% approval rating biden is now at 39%. there is there are thing, pe yondfigure heads. that all of the wokeness that americans are now raking to. -- reacting to, we saw more of it by the way more of wokeness from mayor of chicago, talking about the reparation issue. >> what i built within last 7 months for us to have a better stronger safer

chicago, requires full force of government. a half million dollar for representations to address -- reparation too address of cycle of violence. david: but he wants to put out a new reparation, that will cost more millions. chicagoans are not fall for that will they. >> i hope they work on getting their mayor to focus on solving their crime problem that is up 17%, rather than worrying about slavely in 1863, end thatted -- that ended in 160 years ago, and jimmy carter it since richarding jimmy carter had excuse, it was his first time in washington d.c., joe biden had 44 years of experience in dc before he walked into oval office, he is a disaster, he does not have excuse, gee, i just

got here. this guy should have known thousand run white house, and executive branch to make us proud, but we're ashamed. it is a f fiasco, he is an empty suit. he needs to crawl back in bunker with his grand kids. david: americans see, in chicago motor vehicle theft up 178%. theft in general up 61%. robbery up 40%. crime overall, over past two years, up 64%. it is just americans know that the policies are not working. great to see you, happy new year, hogan and deroy. >> coming up, following a bumpy 2023 for the electric vehicle industry, it appears 2024 will be full of its share of potholes, details. >> and also americans say their personal finances have

worsened in last 6 months under joe biden, why do investors feel confident, michael faulkender weighs in when kudlow returns.

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david: as if 2023 was not bad enough for the electric

vehicle, it looks like a bumpy road ahead, jeff flock is live in deplain, illinois with more. reporter: well, several problems, one has not been terrible sales we're at a ev-go fast charges station here. i think chevy bolt there. not been a terrible year are in sales, we're over a million in sales. that is first time that has happened all-time record. but some issues with the vehicles, one that people are not buying as fast as everyone thought. one of the problem has been depreciating, they are not holding their value, a look at consumer aren'ts report did over 5 year ev lost about 50% of their value compared to 38%

for conventional vehicles some worse performing vehicles. they are some of the most inexpensive of the electric vehicles, why? we talk with karl brower of ic cars. >> if there is a 7500 dollar incentive on a vehicle and msrp is 50 thousand, it really a 42500 z vehicle, before you purchase it the current market has added, people are not as interested in buying then atlant at the level they are available. reporter: and an issue of reliability, there are 79 percent more problems with ev 's than conventional vehicles. lastly, tesla, they are

under fire from senators blumenthal and markey, saying there are reports that t tesla knew and cons concealed safety issue problems, should potholes in the road. i think automakers may have gotten out over their bumpers. david: jeff flock thank you happy new year. >> >> people care about jobs not about unemployment rates, when you look at total jobs it is way down, we have a low impl implism. rate, people have left the labor force, second thing, people worry about prices not about inflation. inflation is related to prices over long periods of time, but right now prices are up, i think 17.7%. since biden took office,

even though the inflation rate is down. the prices are not down at all, that is the prices that are killing people. david: great art laffer, joining me now michael faulkender. mike we have a little bit of time, does art have it right? is that the disconnect. >> very much so, american people care about how much their job provides for them in what they can purchase, the american people have jobs, they have not been getting wage increases that will sustain their life style given the bidenflation. >> we have to grow the economy with si incentives. >> yextent pro growth tax reform, get spending under control. david: mike, my new year's

resolution to have you back give you more time, thank you, we'll be right back. these days. hey, chevy gets it. that's why they're keeping prices down to earth. like on the most affordable ev in america. ♪ a super strong and capable chevy truck. ♪ and a high-tech chevy suv. ♪ why is chevy making affordable vehicles, connected by onstar? so together we can do more.

larry: that's it for kudlow, thanks for watching, folks. viewer discretion is advised. [theme - inner circle, "bad boys reply"] get on the ground, dude! ow!