private planes, that is growing. on the defense side they're nuke clearly submarines, abrams tanks, stryker systems we know demand in europe. we see what is going on in the middle east, what is happening with asia. you see it with china antijuan. the world is very unstable right now. i believe it will get worse. general dynamics is a tremendous company. pay a 2.2% dividend. it is roughly growing 8% a year. we're dividend investor and look for companies with a good history. they are trading around $256 a share. we think there is more up side. we with 20% of their business gulf stream with more people flying they will take advantage of their jets. [closing bell rings] liz: max, thank you very much. the bells are ringing. that will do it for us. "kudlow" is next ♪ larry: hello folks, welcome to

"kudlow," i'm larry kudlow. i want to begin with untruth telling by the biden white house. we'll talk with john roberts about some election issues in just a moment. then with jonathan turley why democrats don't want to let republicans on the ballot. first off, once again team biden shows they are completely incapable of telling the truth about the economy, or economic policy. so celebrating a 34 trillion-dollar debt milestone, joe biden's press secretary karine jean-pierre decided to blather on in the white house press room about, wait for it, hang own, oh, yeah, blame the trump tax cuts. they have caused the debt to rise to a new record. of course she offers up not one single number in support of this untruth. just the old authoritarian idea if you say something often enough people will believe it. well, as everybody "bidenomics"

poll shows nobody's believing them. here is what jean-pierre had to say. >> there is trickle down debt if you think about it. republicans tax cuts are about 90% of increase of debt over the share of economy last two decades. you heard the president speak to this. what he has done is certainly lower the debt. he signed legislation to lower the deficit by one trillion dollars. his agenda would cut the deficit $2 trillion by making the wealthy pay their fair share. larry: now this big lie should have been put to rest at least last november if not before, economists from harvard, princeton, university of chicago and the u.s. treasury when they reported in a new national bureau of economic research paper after examining 12,000 corporate tax returns before and after the 2017 trump tax cut bill, that slashed the tax from 35 to 21, created bonus depreciation for business

investment, incentized repatriation of foreign income back to the u.s., in fact they found business capital increased 7 1/2% over the long run to leading to higher real worker wages and increased worker productivity. the study also found that after an initial decline in corporate tax revenues in the first couple of years those were fully offset by revenue gains over the 10-year budget window. numerous other studies have confirmed this blue ribbon support. former obama advisor, my friend jason furman, he called the nber study, quote, the most con vicinitiesing estimates of the response of investment to corporate tax changes that i have ever seen, end quote. thank you, jason. by the way, when the "gallup poll" last year asked people the amount of federal income tax they pay is too high, too low,

or just right, only 3% said taxes are too low. 60% said their income taxes are too high. the problem knit that we tax too little. is that the federal government spends too much. joe biden argues that his policies have cut budget deficits and his assertion earned him a bottomless pinocchio from the washington post. the latest estimates from the congressional budget office show a $2.7 trillion budget deficit by 2033. that is the end of the most recent 10-year budget window. cumulatively, "bidenomics" will generate 20 trillion in additional deficits during the period. this according to the congressional budget office. as a share of the economy, deficits will run 6.9% of gdp. 30 year average, 3.6. publicly held debt, that will

rise to over $46 trillion over the 10-year period. and budget spending outlays, well, they will average 24% of gdp. compare that to a 50 year average of only 20%. thank you "bidenomics." now there is a mighty big deficit and debt problem but it does come from spending too much, not taxing too little. on toll of all of this the national association of mr. evers estimated under joe biden federal regulations have exploded to a estimated $3 trillion, falling disproportionately on small businesses. and according to the highly accurate "investor's business daily" tip poll, only 34% of americans are better off than they were four years ago. even among self-identified democrats only half are willing to claim they're better off under a democratic president.

one key reason for this pessimism, joe biden's crisis of plunging affordability. real average weekly earnings over the past nearly three years has fuelen from $399 a week to $380 a week. yes, that is a drop of 19 bucks or nearly 5%. inflation has slowed but prices are still significantly higher for essentials like groceries, gasoline, electricity. and during the trump tax cut years, after policies of lower taxes and deregulation, middle class family incomes went up over $6,000. but during the biden years typical family incomes have dropped $4,000. remember reagan versus carter in 1980? are you better off than you were four years ago? well just saying, could be a repeat. that's my riff.

all right, that's my take. now let's maybe talk some politics other things. 11 days away from iowa. new hampshire comes eight days later. joining me the great john roberts. coanchor of "america reports." there he is. thank you, john. all sorts of craziness developing. i want to get your take on this. i know you're covering this stuff with sandra. i want to talk about nikki haley. i know who will win. i know what polls show in iowa, new hampshire. you know that too but nikki haley is saying hang on a second, i may lose in iowa but we can correct it in new hampshire. as you might guess, this is not playing well. not only among governor desantis but governor reynolds who endorsed governor desantis. she doesn't think. of this. this is an odd thing, john roberts. you've been covering these things for years. what do you make of this? we will have self-correcting primaries? >> one thing i learned a long,

long time ago never talk badly about people in the hawkeye state. we have seen what happened in the past, most recently 2016 in the democratic side and it doesn't bode well for the candidate who suggests that iowa voters don't know what they're doing or that they should be second-guessed in the next primaries but here's the thing, she speaks to a bigger scenario here, the language aside. looks like donald trump will walk away with the iowa caucus unless something really crazy happens because he is up more than 30 points. the race in new hampshire is a lot closer and nikki haley stands at about 26 percentage points at the moment. if chris christie were to drop out after iowa and a lot of that support went to nikki haley she could get within 10 points of where donald trump is right now who sits in the mid 40s. so there is a possibility that iowa could begin to change the dynamic. then a week later we've got

new hampshire and if a candidate gets a lot of momentum off the caucuses by performing better than expected too, maybe they can carry that momentum into new hampshire and change up the equation but at the moment, if the polls hold and there is nothing to say that they won't, but there is also nothing to say that things could change a little bit, looks like donald trump would handily win iowa and potentially new hampshire as well but there is always that wild card out there, larry, which is why we watch these things so closely on the campaign trail. larry: totally. why everyone has to watch fox news and fox business. >> of course. larry: lest they miss anything here in the new year. are you hearing your reporting or hearing anything about republican dropouts? that is a interesting scenario. what are you hearing? >> not at this point, obviously asa hutchinson can't hang on much longer. he is so far down in the polls it is not really a factor. i would imagine he hangs in for the next 11 days potentially drops out after iowa depending how he does. there is also potentially a

chance for chris christie to take a look at iowa and say, can't keep the campaign going because you need money to keep the campaign going, if you're not getting money it is difficult to keep the campaign going. i would expect he hang in through at least new hampshire and south carolina as well. not getting anything on the dropout front at this point. a lot could change in the next few weeks. larry: hire is another thing, we "breitbart" interview with alex marlowe. political scientists would agree the vice-presidentialal candidates don't matter. the reason i raise that, there is spirited debate inside the republican party whether trump would or should pick nikki haley if she were to be second or third or something.

he hasn't said anything about that but he told "breitbart" that the presidential candidates don't matter. >> it is possible they do. you have to go back to 1960 to have the last vice-presidentialal candidate who helped. lyndon johnson helped kennedy win texas. he might not have won texas without lyndon johnson. since then it hasn't helped a lot. dan quayle didn't have george w. bush anything. it would be good to balance that off with a republican ticket includes a male as a nominee and female as the vice president, or a female as the nominee and a male as the vice president and what would the best combination of that be? okay, let's say for example donald trump wins the nomination. does he take nikki haley popular

south carolina governor who knows how to thread the needle in controversial issues and has modicum of support with republicans we see in the granite state with numbers being high, or is she as steve bannon put it quote viper for the maga crowd, she would never make it in terms of getting their vote. and then donald trump goes with maybe kristi noem from south dakota? i think what you're probably going to find, larry, i don't know who it will be at this point, i don't think it will be kim reynolds, but donald trump was not happy with her. if donald trump wins the nominee i think almost guarranty you will see a woman as the vice-presidential candidate that would be either be i would think, nikki haley maybe more likely kristi noem from south dakota. larry: you're probably right about kim reynolds, but i just want to say kim reynolds is a great governor. she has done wonderful things in iowa. a really talented woman. want to throw that in there.

>> there are not a lot of republicans outside of donald trump have bad things to say about kim reynolds. larry: i know. i know you come in with the whole harvard, claudine gay, dei thing, we were talking last night on the show about something called dei democrats. trump by the way told "breitbart" what claudine gay has done has set harvard back 50 years. that may be true or not be true. that certainly hasn't helped harvard, everyone would agree with that. her resignation letter, board of overseers, whatever they are called, harvard corporation, seems to suggest she was a victim of racism, not anti-semitism or plagiarism. i mean is this thing, this is, you know, diversity, equity, inclusion, attempts for racism to explain everything and set party versus party, is this going to be an election year issue, john roberts? >> i don't know that claudine gay is going to be an election

year issue. the idea of diversity, equity, inclusion certainly could be. if you take a look at the long essay that bill ackman wrote on x yesterday and how that was countered by al sharpton's national action network today where bill ackman was talking about diversity equity, inclusion poisoning the well in our institutions of higher learning. sharpton going after ackman saying what he was spewing was racism, that is a bigger issue. could be part of the election. i thought it was interesting in the op-ed piece she wrote yesterday claudine gay said she fell into, i happen to have it up here, because i was reading it earlier, she said she made mistakes in congressional testimony but she fell into a well-laid trap. i did not paul that to protect students from that kind of hate. she fell into a trap she neglected to mention something

that every person in america should stand up and say, yes, absolutely, it's abhorrent and i will do everything in my power to prevent it from happening. i don't understand how that was a trap, larry. maybe because i didn't go to harvard and i'm done but i just don't get that logic. larry: i'm done with you. the ettu brutus, joan roberts catch john and coanchor sandra smith on "america reports" weekdays 1:00 p.m. eastern on fox news every day. coming up here on "kudlow," it ain't just trump, why are democrats so afraid of having republicans on the ballot, any republicans? jonathan turley, constitutional legal scholar is going to talk about that in his very great column in today's "new york post." all of that when "kudlow" returns.

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♪. larry: well, riddle me this, why are democrats so afraid of having any republicans on the ballot, not just trump. trying to throw them all off? jonathan turley writes about it today in the "new york post." welcome to you. washington university law

professor, constitutional law attorney. i love your column. they don't want any republicans on the ballot at all. this is america, jonathan. we have to have some republicans on the ballot, don't we? >> at least for show. this is what i refer to as ballot cleansing. you see that in other countries. iran, for example, routinely removes undesirables they don't want voters being tempted to vote for. this movement that has been put forward under the 14th amendment has the same implications and just this week you had a representative, perry, who is targeted with the same argument. i'm not saying we're becoming iran, we're not but we're something more than iran, i hope and what that is is democratic nation. the thing that binds us together. that defines us. is in fact our faith in democracy and so here you have these advocates now trying to remove not just trump but other

republicans, members of congress have supported this, dozens of them among the democrats. have they asked to block as many as 226 republicans in congress under this same theory. larry: you know, with this scott perry thing, he's the head of, he's the head of the freedom caucus in the house as you probably know, was that done an insurrection basis or were there other charges? >> no he is basically being accused of being a supporter of insurrection. larry: right. >> so it is like being a fellow traveler back in the mccarthy period. that is become sort of norm now. not that you were insurrection it, you supported them voting against certification or doubting the election of joe biden. those are protected acts. they're constitutionally protected acts and yet they are cited in these filings as evidence that you're either an

insurrectionist or a fellow traveler. larry: your point in the column is that a number of democrats, as you just suggested, a number of democrats have tried to keep republicans off. this has been going on for years. this is not, this is not circa 2023 or 2024, not even circa january 6th, 21, they've been doing this for years. >> that's right and you know in the past the 14th amendment theory has bing after parlor game for professors. it was an interesting idea and then it became a very dangerous idea when you had four justice of the colorado supreme court embrace it. now the good news is that the court was seven democratically appointed justices and three of those justices refused and actually there was a stinging, visceral dissent asking what the majority thought they were doing here?

then you have maine. that is not really a decision, in terms of a judicial decision. that is a secretary of state who has been really hitting trump and hitting what she calls the insurrection since january 6th. so they knew what they were going to get from her when they filed to remove trump from the maine ballot. now it will go to the courts and real judges will have to look at this and the vast majority of judges rejected this because it is unfounded and it is dangerous. larry: one other point, james freeman of "the wall street journal," i don't know if you saw it in his column, best of the web, biden democrats versus democracy is the headline. he is just saying how this year, unlike 2020 when biden first ran, they're keeping, the democrats, white house, whatever, the democratic national committee, they're keeping other candidates off these primary ballots and one he singles out particularly is

north carolina, in 2020 you had like i don't know 10 or 12 people in the north carolina primary. i remember watching the debates with all of these people. michael bennet, joe biden, cory booker, tulsi gabbard, klobuchar, et cetera, bernie sanders, liz elizabeth warren. some would qualify now but they're keeping them off the ballot. they're doing it inside the democratic party as well as the republican party. >> hard to say you're defending democracy when every action you take to prevent it from being practiced. that also happened in florida. keep in mind most democrats in polls said they don't want biden. that they want other choices so the party elite saying that is a dangerous thing, so let's not give them a choice. this only, this will be a one flavor ice cream stand, you either take biden or go hungry. larry: that would be kind of

interesting, biden could run against biden. only guy on the ballot. something new in american history. jonathan turley, thank you very much. happy new year. >> you bet. larry: folks, house majority leader steve scalise joined a growing list of republican leaders endorsing former president trump for president. he joins us now to tell us why. louisiana congressman steve scalise, house majority leader, happy new year steve. thanks for coming back on. >> happy new year, larry around great to kick off the new year with you. larry: great to see you and you look great. so quickly why now? why the endorsement of mr. trump? what key principles were you looking at? >> well you know if you look at last year we had a lot to get through internally, a lot of internal fights within the republican house, a lot of big battles and things we had to deal with in terms of moving our agenda through the house. in 2024 this is the time to be focused on the election in

november and i think the more you look at how off the track our country is and what we need to do to fix it, there is nobody better positioned than donald trump to get our country back on track. you were there. i was there working with him on the congressional side. you were in the white house. when we got our country moving again. it didn't take long. donald trump knows what we need to do to get our economy moving again, to help those families who are struggling again and if you look at energy costs, you and i talk about energy policy all the time, larry. we never had a better more pro america, but pro free market policy in the world than when donald trump was president. joe biden came in. quickly reversed it. we saw what happened immediately. skyrocketing energy costs. the bad actors around the world became more dominant. iran is making $80 billion selling energy. let's undermine the bad actors, make america strong again, lower costs for families. the boarder, you saw the speaker take a group of lawmakers to the

border. i've been to the border. i've beenembedded with our border patrol agents. they tell you what needs to happen. get back to the things working under president donald trump where we had a secure border. we had the remain in mexico policy. there was always ability to claim asylum, you don't come from other countries, 150 plus countries all around the world and show up across the rio grande. i'm here to get my asylum, i go to the court date five years. meanwhile you will not know where i am. free pass to america. people on terrorist watch list coming into our country illegally undersecretary mayorkas and joe biden that wasn't happening under president trump. we need to get back to things that work again for hard-working families who are sick and tired of far left wokism, liberalism, socialism, call it whatever you want. it is not working for families that are struggling. we need to get back to things that will work and donald trump knows how to do that and he will

do it quickly, larry. larry: we talked a lot about hr.1, was a terrific bill. now you have hr.2, the immigration close the border bill. we interviewed speaker johnson on the show last night. he was terrific and clear and he was concise. steve scalise, what is your outlook on this story? the biden white house is taking a very aggressive, insulting i would say position. certainly yesterday we played a tape from the press secretary, which is insulting mike johnson, insulting republicans, saying republicans are the problem. you have your hr.2 would love to get it over to the senate to have a vote on it. where is this going to lead? the immigration story probably in the iowa and new hampshire primaries steve scalise, the immigration story, the catastrophe at the southern border pay be the most important issue in american politics? >> this issue isn't going away,

larry, because it is a major threat to america's national security. probably the most imminent one we've seen in years where you have tens of thousands of people every week coming across our border illegally. joe biden knows about it. he created the policies that are encouraging this illegal immigration and he won't work with republicans to fix the problem. we passed multiple pieces of legislation. as you talked about hr.2, strong legislation to secure america's border. we passed that over six months ago. it has been sitting in the senate doing nothing because they don't want to fix the problem. we passed a homeland security bill to fund our border security in the way we need to. what joe biden did, you watched the white how the last two days going republicans won't give us more money. why do think always say it is more money. we read the bill, by the way. their bill, not just for more money, larry, more money to process people coming into our country illegally. larry: right. >> that's not what we need. we need to stop the illegal flow. it is not more money.

it is actual border security. again remain in mexico, or stay in your home country if you want to claim asylum. what we need are laws that are fully enforced, that actually enforce the asylum laws of our nation. get back to the rule of law. there is a legal way to come to america. if you just follow those laws we won't have a problem. they don't want rule of law, larry. you talked about it earlier. they want to kick people off the ballot they disagree with. they want federal agencies going after people, whether it's legal or not or whether it's epa, irs, any agency, let's get back to rule of law. larry: steve scalise, house majority leader, happy new year, mr. leader, i hope to visit with you soon on all these issues. >> happy new year. let's get a great 2024. larry: folks, breaking news from "breitbart." get this, president trump vows to fire jack smith if he is elected. we'll talk about that with much more of the president's

interview with "breitbart"'s very own alex marlowe, john carney. terrific interview with mr. trump. he will fire jack smith. i'm kudlow. i'm still here. happy new year folks. it is nice to be here. ♪. on car insurance with liberty mutual.” he hits his mark —center stage— and is crushed by a baby grand piano. are you replacing me? with this guy? customize and save with liberty bibberty. he doesn't even have a mustache! oh, look! a bibu. [limu emu squawks.] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪ i have type 2 diabetes, but i manage it well. ♪

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♪. larry: all right, we'll have some fun now, settle back. in a lengthy series of interviews with donald trump and "breitbart" editors, our favorite, president trump vowed, for example, to fire special prosecutor jack smith if elected. he also roasts "bidenomics." that's a shocker. thinks neither joe biden nor kamala harris will be even on the ballot in november and pledges an aggressive expansion of the electoral map which i think is also quite interesting. joining us now, coauthors of the "breitbart business digest" themselves, "breitbart economics and finance" editor john carney and alex marlow, editor-in-chief

of overall "breitbart news" and author of, "breaking biden quote, exposing the hidden forces and secret money machine behind joe biden, his family and his administration. thank you, gentlemen, very much. alex marlow, if i may, i will begin with you, up on the website now is the headline that mr. trump, if elected would fire special counsel jack smith. what can you tell us about that? that is a very interesting headline. >> i think what the president wanted to convey in us in the interview he feels like efforts to gag him are entirely inappropriate and they make it so there can be a full offensive attack on him but he doesn't have the ability to defend himself. the point he wanted to reiterate to all of us is that he offered nancy pelosi 10,000 troops on january the 6th and she turned him down. he thinks jack smith doesn't want him to make that point publicly. he saying flat-out i will can

the guy if i get the opportunity, but suddenly making that point to me hoping we would print it and we did. larry: you did and indeed as you should have. he is saying jack smith is losing momentum, quote, unquote. what did you make of that? >> yeah, absolutely he thinks that the reason why smith is engaging in tactics he believes are unethical because the political battle is failing. he is thinks he getting more popular as political persecutions goes on, the weaponization as he puts it. this is undeniably true. i speak for a lot of americans, i feel like a lot of the entire country changed that day the biden government was rifling through melania trump's underwear drawer looking for state secrets. it was a true absurdity in any other era,. larry: i will get to john carney in a minute but it seems to help his campaign. i would argue twofold, number one, trump has run in the last year a very good issues

campaign, taxes, deregulation, drill, baby, drill, certainly the border, certainly being a strong pro-american on foreign policy and i think the excesses of the jack smiths of the world and all the lawsuits, the legal, you know, two-tiered justice system, both of those things have propelled mr. trump to a position i'm going to say today, a polling position, i know polls are not votes, that probably not many people would have thought would have happened one year ago? >> yeah, i'm in that group as well. i was very pessimistic about the 2024 election on election day heading into inauguration, 2020-2021. i think trump has the edge at the moment but the big question, larry, what will happen with the democrats voting operation in terms of their ability to manipulate with big tech, their ability to get otherwise uninterested people to turn in ballots, to stuff ballot boxes et cetera, how much of that is going on? how much community organizing

law fair will remain a role in this election? that is big question. there is no question the people are behind trump at the moment. larry: john carney, trump doesn't think much about economics economics. that's a shocker. >> no, he thinks is really bad branding. he's right. remember conservatives invented the word "bidenomics." larry: i didn't know? is that right? >> we started calling it "bidenomics" first. it was an extension of biden inflation. biden inflation, "bidenomics" were enat that timely related. he tried to own it, "bidenomics" it is great, but it didn't work. in fact the popularity of his economic policies keeps going down. it is his major worst point in all of the polls. he is down like you know, his popularity is 39% but his economic approval rating is down at like 33%. that is just the hardest core of the democrat. larry: they still, my riff, my opening riff tonight, karine

jean-pierre is still out there blaming the trump tax cuts saying how they will cut the budget deficit. i went back and looked at congressional budget office, which is supposedly non-partisan and the budget deficit is doubling close to 3 trillion, we'll have 50 trillion of publicly held debt. >> it comes back to the original sin of the biden administration which was the american rescue plan. >> yes. >> they came in spent $2 trillion we didn't need. that set a high baseline. they claim we're not spending two trillion extra dollars every year therefore we cut the budget. that is nonsense. the emergency spending did pass but they can't claim credit for this. larry: in the interviews, you, alex, other editors, former president trump, trump believes as i gather from reading your website, trump believes that jay powell, the fed chair, is going to goose the economy for biden in this year? >> yes, well look. he is not the only person who

believes there will be rate cuts. what he is saying one of the motivations for that is to help biden keep trump out of office. look, trump gave powell a very hard time. you remember. you were in the white house. larry: i was right there. >> i wouldn't be surprised -- larry: he said during the pandemic, jay powell was most improved when he went to zero [laughter]. >> maybe somebody can send powell that memo because i'm sure powell does remember that. you know it wouldn't be his favorite thing to take from trump. larry: did the former president say anything about reappointing powell? >> i'm sure he would not reappoint powell. larry: he told me last fall i interviewed him a whole hour, he said he would not. that was in august. >> i said powell wasn't his choice. that it was mnuchin's choice who pushed it on him. larry: oh, my god. >> that is way of saying he kind of regrets doing that. larry: alex marlow, back to you, this is interesting by the way,

you guys cover so much ground in these interviews, one thing that caught my eye, we talking about it on last night's show, former president trump will expand his base, come to new york, come to new jersey, not give up the red states, go out to new mexico, go out to virginia. you full-court press, interesting on that point own interview that surfaced you look at polling numbers, so-called biden coalition of young people, african-americans, hispanics appearls to be falling apart and if trump expands the republican reach it might succeed. >> i think he is very fired up. he sees some paths in certain states. we know biden does poorly with muslim voters in places like michigan and minnesota. there is some level of working class republicans rising up in places like virginia, even new jersey.

trump threw out new york i have to bet that was trumpian trolling, he is talking about having a rally in madison square garden. it was a total trip. he implied jay powell is political person and he can be worked. trump bragged by working him, jawboning was his term, to change his manuevers because of political pressure that was very important thing said about powell that could set an important framework in the next year. larry: there was something to that. i was in the white house when all that jockeying went on. you know trump is the quintessential salesman. alex, invasion, the border, that is still mr. trump's bread and butter. that was his bread and butter in 2016. you reckon that will be, i will put it next to the economy, okay? i still wonder whether that isn't going to be biggest issue as we look ahead for this year,

the catastrophe at the border? you know 10,000, wait, 300,000 people coming across illegally in december alone. it is unimaginable number, alex marlow. you think that will behind up being the biggest issue? >> you must know the president very well because he said specifically the border and the economy. those are top two things on his mind. he thinks there is effort to have mass migration in this country. other countries are emptying their mental hospitals insane asylums sending all the people to america. he will go incredibly marred and this issue will be opened up the economy in a impeachable way, opened up the border in impeachable way. those are top two things that came up in our time together. larry: john, this last one, he doesn't think, trump does not think biden will run. doesn't think harris will run. was that tongue-in-cheek -- i

never asked him. full disclosure i never asked him about that. >> i think he thinks if the democrats why rational they would find better candidates than ones they have. this is little bit trump predicting maximum chaos out come. >> yes. >> but i do think he does, look, if i were the democrats i would be looking at the weakness of joe biden and scramble to find a replacement. i don't think that they're going to be able to do that in time for the election. larry: we were just talking to jonathan turley. how can they? they won't let nibbles on the ballot. >> there will be nobody on the ballot at all. larry: biden won't let any republicans be on the ballot much less democrat. >> what kind of election will we have? because they removed all the republicans from the ballot and joe biden drops out, no election at all. larry: fearless leader in the old soviet union. >> so crazy. larry: john carney, "breitbart." alex marlow, editor-in-chief of "breitbart." just teriffic stuff, gentlemen. thank you ever so much. alex, good luck on the book.

we'll keep pushing that. folks we'll take a quick break and on the other side coming up national security council spokesman john kirby keeps claiming, get this money bidens are giving to iran is not money to the enemy. they're not going to use it. it is not really fungible. i don't understand any of that. it defies economic belief. it defies foreign policy belief. it just defies belief. i'm kudlow. happy new year.w ♪. i' i'm not good being retired. i'm a pain in the neck. i like to be able to have a purpose. about three or four years ago, i wasn't feeling as if i was as sharp as i used to be. i saw the prevagen commercials. after a short amount of time taking prevagen, i started noticing a difference-- that i'm remembering this, i'm remembering that. i stopped taking prevagen and i found myself slacking back so i jumped right back on it. prevagen. at stores everywhere without a prescription.

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or if ibd symptoms develop or worsen. i move so much better because of cosentyx. ask your rheumatologist about cosentyx. ♪. larry: all right the white house is taking credit for a successful strike in iraq that apparently took out a militia leader supported by iran. but they haven't figured out money is fungible. edward lawrence standing by at the white house with all the details. good evening, lawrence. >> reporter: start out with the attack. president biden ordered attack on iran backed militia leader that was a drone strike that struck a car that leader was driving in. the department of defense saying that leader was actively involved in planning and carrying out attacks on u.s. personnel. the defense department spokesperson saying the strike was taken in self-defense. >> this was a necessary and proportionate action against

this particular individual who was personally involved in the planning and execution of attacks against american personnel. >> reporter: so the spokesperson said the u.s. communicated with the iraqi government the strike was going to happen as part of a self-defense operation for american troops. this comes after at least 120 attacks on u.s. positions since october 17th. also at least 25 attacks by houthis in the red sea where u.s. forces shot down 61 drones and missile since november 18th. iran also the target of a terrorist attack of the stint included at least one suicide bomber exploding at gravesite for general soleimani who was in charge of the revolutionary guard which set policy across the middle east which included attacks, murder and unrest. president trump ordered the attack that killed soleimani in 2020. john kirby said u.s. is no position to doubt that isis-k stationed in afghanistan carried out that attack in southerner

ran. >> we have seen public credit now that icy k has taken for the attack in iran. we're certainly in no position to doubt that, that claim by isis-k. >> reporter: and 84 people were killed in surgeon iran. the leaders in iran vow a harsh response. larry. larry: just one follow up, mr. kirby got into a tangle with one of our reporters earlier today. this business about the money, funds frozen, assets and funds going to iran and kirby saying, there's no, money is not fungible? i'm scratching my head, edward. >> reporter: so six billion dollars is sitting in qatar in the bank. they're saying it can only be used for humanitarian, water, food or other humanitarian purposes, medicine. now the u.s., some critics are saying hey, the iran can take the money, use a billion dollars

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larry: as steve scalise told us, the border, hr2 would be a terrific bill to stop the border catastrophe. the democrats won't pay any attention to it, joe biden doesn't want to talk about it, but that's the solution. i'm telling you, folks, it's the biggest political issue right now. and i'm sure tha