expenses which you hope they don't because they have good margins actually lose on that. instead of $100 from the euro, they only get $95 from the euro if they sell a pair of jeans, whatever it is. it hurts them. companies that manage these very well, some are not. i don't mean to beat up on apple, because earlier in your show, you talked talked aboutapi have too say, you and i talked about this before has not a good job managing that risk. you have to ask yourself don't manage that currency and that risk well which other onesdon't? you have mercks of the world not as good as pfizers managing it. [closing bell rings] if the revenues go down you're not doing well. liz: wolfgang custer. thanks for that perspective. we'll see you tomorrow. thanks for joining us. ♪. larry: hello, folks, welcome to

"kudlow," i'm larry kudlow. well speaker mike johnson happy valentine's day with more love for america by stopping the ukraine funding bill and closing america's border instead. right on. ace journalist matt taibbi will be here asking if the election fix is already in? he will join us in just a few moments. oversight chair james comer will update us on joe biden's influence peddling and classified documents. let me begin with a couple of thoughts myself right off the top. i just love what speaker johnson did today, happy valentine's today, speaker mike johnson. house gop leadership news conference, mr. johnson said he wants to show valentine's day love for the american people, by securing u.s. borders before ponying up another 100 billion in foreign aid to other countries. wow. we have a sound on that? all right.

let's hear it. let's hear what he says. >> the american people are not feeling very loved right now. it's time for washington to start showing some love to americans. on valentine's day this is good day to point this out. listen to the american people and their needs and take action. larry: i just love that i feel more love now than before. if that weren't spectacular enough here is speaker johnson on the house bill itself coming right up. take a listen. >> to be clear here again this morning, the republican-led house will not be jammed or forced into passing a foreign aid bill that was opposed by most republican senators and does nothing to secure our own border. larry: all right. this is spot on. i just love this stuff. this is love. this is valentine's day love from the speaker. it is also very good policy and speaker johnson went on to say that he has been requesting a meeting with president biden for a month but biden won't give him a meeting. speaker wants to talk about the

border and national security and i'm going to guess he also wants to talk about joe biden's federal budget that has become a fiscal fiasco. that according to the latest congressional budget office baseline estimates. now this is where government debt held by the public is estimated to rise to $48 trillion or 116% of gdp. and with all of this new biden spending, even the inflation rate that was creeping down is know beginning to creep higher again, along with rising interest rates including mortgage rates. on this fiscal point former speaker newt gingrich writing on fox news digital quote, the senate's contempt for america is on full display once again. 22 republican senators appear clueless about america's fears when it comes to our ballooning national debt, end quote. newt's key point is that the senate passed a $95.3 billion

foreign aid package with zero offsets to pay for it. zero. none. no one wants to talk about spending offsets anymore. that is remember, if you spend a buck here you have to erase a buck over there. newt cites a poll that shows voters prefer republicans by 50-34% over democrats so long as republicans insist on spending offsets but in this case the gop senators who voted for the foreign aid bill never even discussed offsets. that is not love. back to speaker mike johnson, he's talking about focusing on appropriation bills in the normal course of regular budget order, rather than diving into another massive unpaid for foreign aid bill. i want to add from my perspective, that any of these ukraine funding bills should insist on some sort of

diplomatic off-ramp mandate by congress. the idea that because america doesn't like vladmir putin, that means we should never talk to the russian dictator, or, as former president trump suggested, attempt to negotiate a cease-fire or even peace, that idea is nonsense. you know back in the day ronald reagan, whose stated policy was to destroy soviet communism, right? and he did but along the way he negotiated with gorbachev. not out of love but as a tactic to nail down the soviet coffin. now trump wants to talk to putin and is willing to talk to other dictators as a brilliant negotiator on behalf of america first and i think trump is right. finally back to speaker mike johnson he intends to close close the border, restory the

trumpborder security hr.2 provisions that biden destroyed when taking office. biden led to illegal immigration catastrophe. mr. johnson wants to protect america's border security first. so i repeat, happy valentine's day mr. speaker, mike johnson. okay? we're going to get back to all of this in just a few moments first up let's talk about america's fiscal path. our own edward lawrence is standing by at the white house. boy, this -- money can't buy you love, edward, as i said last night. here we go again. what you got, my friend? >> reporter: what the president believes money can buy the things that helps challenging here at the white house, helping the economy, the border, his allies overseas but the congressional budget office director issued a very stark warning today, listen to this. >> i have can tell you i am very confident that the fiscal trajectory is unsustainable and

so if, you know, under current law and that, you know, that's one of the key messages of our budget projections. >> reporter: so we're talking about now interest payments on the debt larger than all of the federal spending on children. it is also more than the government spends on medicaid. by 2026, the committee for responsible federal budget says interest payments will top one trillion dollars a year. that is just the interest, not paying down the actual debt. that debt concerns republicans. listen. >> we're at an economic and fiscal tipping point in this country. you know every second we borrow another $90,000. so in the amount of time it took me to say $90,000, we borrowed another $90,000. >> reporter: democrats in the house hearing with the cbo director today focused on the economy, who is the administration's pushing this line that people should feel better about it. listen. >> while prices are still high

our economy has been remarkably, as noted by many people throughout the world i would say, our economy has been remarkably resilient and inflation is coming down, i think we all can agree on based on the numbers, which could soon lead to interest rate cuts as we're seeing. >> reporter: there is no talk here at the white house of changing any policies or that spending couldn't cure pretty much anything. back to you. larry: edward, in the spirit of valentine's day, those fed interest rate cuts look like they're dead in the water for at least the foreseeable future. as you know market rates are going back up. in fact the mortgage rate has crossed back above 7%? >> reporter: that is one of the things, the march rate cut was off the table. the fed chairman told me the committee couldn't get around to that. looks like may rates may off off the table given inflation. more government spending keeps

coming will keep pressure, that upward pressure on inflation and there is that undertone on these numbers the core number is moving sideways. let's see what happens. larry: edward lawrence best of the best. thank you very much for that report, appreciate it. joining us with great pleasure, chairman of the house oversight committee, mr. james comer. mr. comer, welcome back, sir. i want to get to your, i want to get to bobulinski and i want to get to classified documents but i want to start with what mike johnson said today, if you don't mind. speaker johnson made some very bold statements. he basically said this is valentine's day, we have to give americans more love. the white house and democrats are ignoring it, giving foreign aid to the ukraine, should have protection of u.s. border first. basically i as i read speaker johnson there will not be any vote in the near term on the senate bill. can enlighten us on this, mr. come oner? >> i strongly support what

speaker johnson just said. people back home in kentucky they want to spend their hard-earned tax dollars on america first policies. they want to secure our southern border. that is one of the top priorities in my district, so, this is where congress needs to focus. the president already has the authority to secure the border. he doesn't need more money. he doesn't need a bill passed by congress granting amnesty. he just needs to do his job. we know he has not done his job because he immediately halted the construction of the southern border wall, that president trump started that we funded and he filed to the supreme court to remove the razor wire that the texas national guard put down to obstruct people from crossing. we know where joe biden is and i support speaker johnson's statement. larry: according to speaker johnson today, we should follow up, you're my nearest poll to the republican leadership, so i got, i got to ask you these questions, even though it is not your direct oversight but you're a smart fellow, you know all of this stuff anyway, johnson says,

biden won't meet with him. trying to get a meeting for a month to talk about border security, to talk about national security and also it to talk about the budget and appropriation bills and i will bet you, mr. comer, part of that conversation, i don't know if you saw newt gingrich op-ed piece, where are the pay-fors from the senate? republican senators voted for this ukraine money. not a single pay-for. that is one of the reasons why we're going bankrupt. >> yeah, you're exactly right. i mean we can't continue this excessive spending, wasteful spending and we have to look what is our priority? what's the priority of the american people and it is not giving ukraine a plank check. it is -- blank check. paying our own bills, fixing our own broken and crumbling infrastructure. that is what the american people want us to invest in. they want us to invest what we take in. we cannot continue to spend $2 trillion more than we take in. you talked about this for many, many years. that is the position of a majority of republicans in the house of representatives.

larry: one last one. so for the moment to use speaker johnson, the gop won't be jammed on the senate foreign aid bill and i'm here to say, happy valentine's day mr., johnson. i hope he stays with that. the gop will not be jammed on the senate bill. you might be still attempting to put a border security bill in there. you've got hr.2 which is a terrific bill. so we right about this? you're not going to be jammed on the senate bill and you will try to pivot and get back to border security, is that possible? >> that's possible but i want to make sure everyone knows we've already pass hr.2. we can pass it again but the senate's the one that sat on that bill for months and month and months. that is one of the first pieces of legislation we passed when we became the majority border. it would fix the border. it is everything the president needs and more to do his job to

secure the southern border but yet the republicans in the senate haven't demanded that schumer take that up. that is disappointing. i think that is something that has cost a lot of american lives with more fentanyl and more human trafficking pouring across our unsecured southern border. larry: thank you for that. so now, let's go back to your oversight hearings. you've got, let's see, you ever got hunter biden coming up. you've got james biden coming up. you just had bobulinski. you just had walker. is the case for influence peddling in your judgment now stronger after these most recent depositions from bobulinski and, what's his name, walker? >> scott walker. absolutely. as you know in an investigation to be able to convict someone you have to create a pattern of crimes and what we've done with bobulinski and walker is, we created a pattern that joe biden

was the brand. joe biden was what the bidens were selling access to. i mean, the big question we've always had what did the bidens do to receive the tens of millions of dollars from our enemies around the world? according to rob walker and tony bobulinski under oath they were selling access to joe biden and joe biden knew. that's the other thing, joe biden said he never met with any of these people that sent his family money. we have proven he met with all of them. this is the investigation of joe biden. i think the american people, even the democrats in congress and their allies in the mainstream media, they know the bidens were influence peddling what they try to say joe biden wasn't involved, joe biden didn't know. what we've been able to prove not only did joe biden know, joe biden was a central figure in the influence peddling scheme. larry: and mr. chairman, sections of the hur report, the special counsel's report on biden's classified documents problem, are showing that some of the documents that he

illegally and willfully took away from the senate and the vice presidency had to do with ukraine and china, which does all of a sudden crossruff to what hunter biden and the rest of the family influence peddlers were doing and i'm trying to figure out is that true? is the classified documents going back because of what biden was worried about, he wanted to keep stuff? he didn't want people to know and of course that would add to the illegality of it, he wasn't allowed to take it out in the first place but that just adds to the problem, what do you think about that? is it in there? >> well we know that some of the documents that were classified that joe biden mishandled were documents from ukraine and china. this is a concern to us because we know the bidens have received millions of and millions of dollars from ukraine and russia. now one of the documents that

we're concerned about, that showed up on hunter biden's email was a document he sent to a ukrainian oligarch. we want to know if this is one of the documents that were in joe biden's stash of documents that he mishandled? if so that proves that hunter biden was an active participant in the mishandling of classified documents. he was trying to profit on the fact that he had classified documents. he was trying to prove worth to the ukrainians. because remember, when joe biden was vice president he was making $80,000 a month on the board of burisma. the day joe biden left the presidency, they cut his salary in half because he had less value to him. it would be very possible that hunter biden was trying to prove his value to this ukrainian oligarch, look i have access to these classified documents.

we need the which documents which countries that joe biden mishandled classified documents. larry: joe biden could have again fed link classified documents who the hell knows. >> it is very possible he was. larry: chairman comer, we appreciate it very, very much. happy valentine's day as always. >> thank you. larry: coming up here on "kudlow," money can't buy love. joe biden's spending if ials cois bankrupting america. we'll talk about it request steve moore, mike faulkender next up. you can catch "kudlow" monday through friday 4:00 p.m. on fox biz. can't catch us at 4:00, just text us with your favorite nine-year-old and you will never miss a classified document, not a single one. i'm kudlow. happy valentine's day. ♪. progressive makes it easy to save with a quick commercial auto quote online. so you can get back to your monster to-do list.

-really? -get a quote at progresivecommercial.com.

larry: happy valentine's day again. why not say it, i wore my pink tie. nothing but love. money can't buy you love. no matter how much joe biden tries he is still throwing us into bankruptcy. not a good story. joining us steve moore, committee to unleash prosperity, host of "moore money" on wabc radio. michael faulkender, former assistant treasury secretary and bigwig economist at afpi plotting a new administration i hope to both of you actually. i will enjoy reporting on it.

steve moore, newt's got a piece up on fox digital and i mentioned it in my opening riff and is it goes to this, so many reasons why the ukraine spending bill is a bad bill, but, one reason steve, is, there are no offsets. republicans, 20 some republicans voted for it, i never heard a peep about offset. spend $100 billion there, take $100 billion out of here. in fact, make that a way of life. happy valentine's day, america we would like to keep you out of bankruptcy but no one seems to care. this business about offsets, you and i looked at it for years, what is wrong with the gop? i hope that mike johnson fixes it. >> not one penny, not one penny of offsets on $100 billion spending bill and whatever happened to, pay as you go. larry: ha. >> rules spend more money on one thing, spend less on another.

i calculated, larry, that if this is such a your gent national priority for america as biden and, said yesterday in his televised speech then surely we could cut two cent out of every dollar of other programs to pay for it. they're not doing it. i want to make another point that hasn't been highlighted. my friends at the heritage foundation have pointed out if they approve this money, and let's say you get a peace deal in ukraine with the russians, did you know that the government would still, the federal government would still have to spend that money? this is where i like your idea and donald trump's idea of giving the president, impoundment power so the president does not have to spend money if it is not necessary. larry: let's stop for a minute. thank you for that. i want to add russell vought, who is a very strong advocate of this. i have been, i have been in love with budget impoundment for years. what this means, falkander if

you know something about this, for heavens sakes weigh in, but what this means the president has executive authority, like regulatory authority on the fiscal and budget side, if he sees monies he feels are being spent unwisely and or inefficiently or incorrectly, he can impound it. that is to say take it away. the last guy to have it was nixon, mike falkander, but nixon got blown up by watergate and a left-wing congress in 194 and 1975. why not bring back budget impoundment, my saintly wife asked put a sentence in what it means, presidents have executive authority to control the budget, how is that? they can make executive decisions if they see problems inefficiencies or corruption. falkander, what do you think

about that? it wouldn't solve every problem but wouldn't be bad? >> no, larry, it is worse than you described. if the president or congress says we need to fulfill some obligation on education or what you just discussed on foreign affairs, if the president can do it less expensively, what's happening right now is they have to spend every dollar that congress appropriated. even if five billion dollars is allocated but the president can do it for three, they have to still spend the entire five. so that's the problem. it generates no incentive at all for the bureaucracy, for the executive branch, to find any kind of efficiency and instead it actually encourages the very profligate spending that is putting us into this fiscal situation. larry: see this, steve moore, come back to you on this, this is stuff, you give this authority to a tough president, not a weak link like biden but a tough president like trump. he ran a budget.

fabulously successful businessman, okay. so he will rip into the swamp like you've never seen ripped into the swamp. he will rip into the civil service -- you know what else, russ vought is cooking up, we've been talking about this amongst ourselves, i want to end the civil service tenure, okay? there is no reason why those guys should have lifetime tenure. they're worse than the harvard faculty and just as far left as the harvard faculty. that is another one. i want to rip, i want to drain the swamp. i want to rip into the swamp. stuff like civil service, ending civil service tenure and budget impoundment authority, lots of other things that can be done will go after the swamp, lock, stock and barrel, steve moore. that's a whole lot better than jacking up taxes which is what bidens and the democrats want to do. >> well, you know every president from george washington to james madison, to abraham lincoln to franklin roosevelt used this impoundment power that

you and michael were just talking about and by the way another president who wanted to use this power was a president you and i worked for, ronald reagan. larry: yes, yes. >> he was so frustrated that he had to spend tens of billions of dollars that he didn't think was necessary, that, for obsolete programs. so this is a -- by the way what ceo of a company would be required to spend money on things that they don't need to spend money on? you can't make this up, it is so outrageous. by the way one other quick thing, the most, we don't have to spend a ton of more money in ukraine if we would drill, baby drill, another theme of yours, to bankrupt the russians. that is one of the reasons in my opinion that russia went into ukraine in the first place. larry: i think you're 100% right, 100% right. mike falkander, you look at the cbo numbers, our ed lawrence had clips of phillip swagel, even the cbo director says it is unsustainable.

we had douglas holtz-eakin on, former cbo director, sincere friend, he says it is unsustainable. nobody in to inlevels this stuff unless the far left. mike falkander, when you become a big shot in the trump administration what will you do? what is your plan? give us in 30 seconds to solve 120% of gdp budget deficits, 200, 2 1/2 to three trillion dollars deficits as far as the eye can see, spending is 24% of gdp, vastly above the 50 year average, 30 seconds, falkander, what will you do about it? >> item number one what steve just said, drill, baby, drill. unleash abundance, driving down cost of everything americans produce. number two, drive everything back down to the people, deregulation. number three, slash the bureaucracy. no reason for the bureaucracy to spend at of money it does.

four, extend progrowth tax reform. number five, sound money, sound financial institutions. number six, make sure the trade deals around the world are reciprocal. no case that the american manufacturers suffer a disadvantage. larry: what do you think, steve? he has got it. >> he has the whole agenda. it is not just valentine's day, i hope it is ash wednesday. i hope you got your ashes my friend. larry: i will get communion after the show. you guys are great. nice going, michael falkander, you're just a star. steve moore, you have always been a star. thanks very much, kids. coming up here on "kudlow," here is a tough one, is the election fix already in for 2024, democrats okay, insurrectionists? we'll ask ace investigative journalist matt tie ebb buy, he wrote a very tough, informative piece. we'll hear a little bit from joe concha, caroline downey. all that when "kudlow" returns

on valentine's day, ash wednesday, yes. ♪. m animal sounds] ♪ meanwhile, at a vrbo... when other vacation rentals aren't what they're cracked up to be, try one where you know what you'll get.

♪ looking good, guys! haha! thanks! ♪ oh! hey pickle! hi dad! i brought mom's glasses from the hotel. oh, great! she's in the ballroom. the big one. i'm coming up! vacations are better with the credit gods are on your side. rewards once available to the few are now accessible to the many. earn points for travel with credit one bank, and live large.

i was only 23 when i was first diagnosed with non-melanoma skin cancer. 40 years later, i've had almost 20 mohs surgeries. i had just accepted that the pain and the scars were going to be part of my life. but when i was diagnosed with two basal cells on my face, i became determined to find an alternative to surgery. if you, like millions of others, are affected by skin cancer... it's important to know that surgery isn't the only option. there's another choice. gentlecure. it sounded like everything i had been looking for. gentlecure uses low energy x-rays to kill skin cancer cells with a 99% cure rate. plus, there's no cutting, no surgical scarring and no downtime. i'm so glad i did it. it was successful in every way. to learn more, call today or go to gentlecure.com

♪. larry: well ayes investigative journalist matt taibbi in a dynamite article, is the electoral fix already in? the 2024 presidential race looks increasingly decided by lawyers, not voters, at democrats unveil plans for america's first lawfare election. it is a great pleasure. he comes to join us on the show to talk about this, matt taibbi. matt, i will say i read most of it. i originally read about it. you make tough points. i know you're not a partisan guy, not a big trump supporter per se, but it is interesting, the democrats thought trump would blame them for being insurrectionists, now they're blaming trump. now they're trying to sabotage the election. everything is lawfare, keep him off the ballot, riff on this,

because this is dynamite stuff, hasn't got enough attention, matt? >> well first of all, thanks for having me on, larry, i have been covering presidential elections since 2004. normally this time of year media is intensely interested in what voters think and we're out there going from state to state talking with different people who they are going to vote for. this year all of the key battles are going to be taking place in courtrooms. we had the supreme court hearing last week about the colorado case. there were complaints just filed about robert f. kennedy, jr. there is an ongoing battle to keep the "no labels" third party off the ballot in multiple states and, all of this stuff is designed to make key determinations about who can participate in the elections ahead of the 2024 vote and there is the possibility exists that

you know, everybody but the major party candidate on the democratic side will face very, very serious legal challenges ahead of this vote. larry: yeah, biden won't let any primaries. i find that most curious. people refer to '68 when lbj stepped down because gene mccarthy sort of upset him in new hampshire. believe it or not i was a kid in those days working on those campaigns but, there are no primaries now. biden won't let it which i think is completely undemocratic. >> right. this is again a massively underreported story because for whatever reason the mainstream press which, should be intensely interested at least in the goings on the democratic party didn't seem to care that the essentially disallowed the results of the new hampshire primary. that they canceled, flat out canceled the florida primary and you know, robert f. kennedy,

jr., who was slated to run a very well-financed campaign from within the democratic party was essentially forced to run as a third party candidate because of all these obstacles and, they're not allowing you to run intramural challenge, they don't want you to run a third party challenge and they're trying to get donald trump off the ballot in the republican party. so who do they want to run against? it is kind of an interesting question. larry: a very odd thing. you're right, the left feels completely justified usurping the democratic will of the american people in order to quote, save democracy and you also mentioned this transition integrity project, tip, run by jennifer granholm and john podesta. i have known john podesta forever and ever when i was a democrat. sounds like they're itching, no one is blameless on all sides of the politics but sounds like the dems are inching to sabotage the

election. >> so the transition integrity project was another interesting story, again underreported. it came out in the summer of 2020 that there was a group of people who claimed to be deeply concerned that donald trump would not leave the white house voluntarily so they gathered 100 prominent people who included as you mentioned energy secretary jennifer granholm, john podesta, former head of the dnc, donna brazile, former head of the rnc, michael steele, a number of former defense officials, people in the military, and they had war game exercises to determine what to do if, in a series of contested election scenarios, one of the scenarios involved a clear trump win in which john podesta, playing biden, threatened to secede from the union rather than go along with the result and, this only got out because somebody leaked it to "the new york times" otherwise we would have never heard about it but this kind of

a group is apparently constituting again there was a story on nbc a couple weeks ago talking about another loose-knit organization that is making plans and you have to think that they are war gaming similar situations. larry: all right. matt taibbi, never enough time in life. we appreciate you coming on very much. congratulations on some tough journalism. we appreciate it. matt taibbi, everybody. switching gears, here our valentine's day show, joe concha, media politics columnist, fox news contributor, he is not wearing red or pink, caroline downey, politics reporter for "national review." she has some pink on? >> i thought it was red for love, larry. larry: red for roses. matt taibbi, smart guy, not a man of the right. arguably a man of the left but a good investigative reporter. i don't know if you read his stuff or read summaries of this

stuff, it is shocking. democrats want lawfare, they want sabotage, they're insurrectionist. >> they're throwing every dirty trick in the book, weaponizing the legal system against trump. trump may be undermining his own electoral prospects by effectively planting taboo in the minds of low propensity blue-collar demographic voters that the election mechanics like early voting and like early voting not, sending a mail-in ballot is jinxed. that is something that trump's legacy is, you know. you only got to go in person, day of. that is the only turn out that matters. larry: i think he changed that. he doesn't like it but he has changed it. here's the thing, joe, one second, the new group governing the republican national committee, their job, to raise money, yes, yes, but they have to guard against the democratic effort to sabotage the election.

the early voting, the harvesting, the everything, they will do what they can to steal this election, is there any doubt in your mind? forget trump, trump is not a cause here. he is a victim of this. i will not redo all of that stuff and zucker bucks, and i think mollie hemingway, where the real problem was, put the point is the rnc has not to be able to nap through this next election? >> i don't know if they will be able to navigate it but i got to say the special election in new york that is a case study republicans not capitalizing on early voting the way democrats did. we have to be competitive just like them. that is what that loss in new york is being attributed to partially. larry: you think, joe, you think. >> look at numbers, i don't think this is bellwether election happened in new york 3. think about tom suozzi for a moment. he represented this district. he won three elections already. he had name brand recognition.

his republican opponent is still a registered democrat, right? larry: right. >> when you go through the facts, you look at the fact this is a district that barack obama won twice, that hillary clinton won easily, that joe biden won by 10 points so how is this a bellwether again? because george santos just happened to sneak in one one election, if you look at that guy's resume' going into the election, how do you vote against george santos at this point. my point overall is the 10 wealthiest districts in the country is all democrat. this district is the most wealthy in new york. fourth wealthiest district in the country. of course it was going to the democrats. larry: profile. what matt tie ebb by said is very interesting because the democrats will dough their darnedest to sabotage. they're better saboteurs than republicans. your point i agree, the gop has to learn to be the greatest harvesters in the world. if that is the game that is going to be played, the paper ballots will not make a comeback between now and november. maybe sometime in the future or

maybe never. the republicans who i think got outjocked in 2020 and in 2020 and 2022 they got outjocked they have to get their game back. they must get their game back. >> this is the game. these are the new rules. we can have disdain the fact that oh, my gosh the voting machine is digitized and all the new technologies, we can't present a paper ballot anymore, to make the counting efficient that is just how it is we have to play to win. larry: all right, kids. happen valentine's day. >> happy valentine's day. did you give your wife something news? larry: they're giving bouquets downstairs. >> you can't give a free bouquet. larry: 36 years, love, love. joe concha, caroline downey, no election saboteurs. coming up on the show because we doesn't leak putin doesn't mean we can't negotiate with him okay? you can negotiate with your enemies if you have to. we'll talk about it with general

keith kellogg. reagan talked to gorbachev before he kicked his butt. remember, "kudlow" is available as a butt kicking podcast. episodes availabler every day on our show, at apple, spotify, fox business podcast dot-com. happy new year's, happy valentine's day, boom. awkward question... is there going to be anything... -left over? -yeah. oh, absolutely. (inner monologue) my kids don't know what they want. you know who knows what she wants? me! with empower, we get all of our financial questions answered. so you don't have to worry. empower. what's next. ■ if you're happy and you know it, clap your hands. ■ ■if you're happy and you know it, ride your bike. ■

■ if you're happy and you know it, then your face will surely show it. ■ if you're happy and you know it, smile big and bright. ■ thousands of kids just like me, are happy every day. and it's all because of generous people like you, who support shriners hospitals for children every month. all you have to do is call the number on your screen or go online to loveshriners.org right now with your monthly gift. because of people like you shriners hospitals for children is able to make an everyday miracle happen for kids like me. ■ if you're happy and you know it, dance around. ■ ■ if you're happy and you know it, play a song. if you're happy and you know it, ■ and your face will surely show it. ■ ■ if you're happy and you know it, take a shot. ■ and when you call or go

online right now to donate $19 a month or more, we'll send you this adorable love to the rescue blanket as a thank you and a reminder of all the smiles you're bringing to kids faces every day. will today be the day you send your love to the rescue? when you call the number on your screen right now and give as little as $19 a month, just $0.63 a day, you'll be making a life changing difference for a child just like sarah. your monthly gift today could change your life forever. because of you, we are happy and we know it. thank you. thank you. thank you. thank you. please call or go online right now to give if operators are busy, please wait patiently or go to loveshriners.org right away - i got the cabin for three days. it's gonna be sweet! what? i'm 12 hours short. - have a fun weekend.

- ♪ unnecessary action hero! unnecessary. ♪ - was that necessary? - no. neither is a blown weekend. with paycom, employees do their own payroll so you can fix problems before they become problems. - hmm! get paycom and make the unnecessary, unnecessary. - see you down the line.

♪ ♪ ♪ ♪ ♪ ♪

♪. larry: so just because we don't like vladmir putin, don't like him, don't trust him, know he is our adversary, dictator, whatever word you want to use does that mean we can never really negotiate with him? i don't really buy that but let's hear from a veteran diplomat, security advisor, our freight friend, lieutenant-general keith kellogg, former national security advisor in the trump administration, afpi center for american security co-chair. keith, i as a child worked for ronald reagan and ronald reagan's stated goal was to destroy soviet union and soviet communism, but, after their leader stopped dying on him and found one who stayed alive, namely mikhail gorbachev, he talked to them and negotiated with them and used it as a tool to bring the soviets down.

i don't understand why we can't apply that logic today? >> yeah, larry, thanks. by the way, red, happy valentine's day. larry: you too. >> you and i both know donald trump pretty well in the sense that he reaches out to people all the time and you need to do that. what is that old adage, keep your friends closer but your enemies closer and he would do that and i think that was an important characteristic of donald j. trump. look president biden has not spoken to vladmir putin in two years, two years. he only met him one time. that's a big mistake. i can show you the track pattern with biden how he has done that to a lot of word leaders. at least keep the lines of communication open. you have to keep the dialogue open. i saw president trump talk to the chief of the taliban a couple of times. we saw him talk to xi. we saw him talk to kim jong-un. we saw him talk to vladmir putin.

i was north enough to be on we used to call drop lines, you were on the conversation everybody on the call, when he would talk to putin, how he talked to him, but that is such an important deal for a president to be able to keep those lines of communication open because when you don't, things lap like what is happening today. you don't know what the russians are doing, don't know what they are up to. they have broken down the lines and i don't think honestly, i don't think he can reestablish them. i think he has broken those lines with putin he cannot reengage. larry: i think what you've got is this weird mantra how they helped sell this 100 billion-dollar ukraine aid bill, foreign aid bill in the senate. you got guys like chuck schumer, mitch mcconnell, honestly, others, some republicans saying this that you know, we must not talk to putin and anybody who votes against this bill is pro-putin or they try to say trump is pro -- this is like the russian hoax all over again. this is nonsense.

this is not how you conduct international relations. you're absolutely right, you got to keep your enemies closer. look, take trump, trump is a a master negotiator. he did it for a living many years. he did a very good job, whether "abraham accords" or trade deals with xi or deals with other countries. why can't we -- if ronald reagan lived and breathed to destroy the soviet union, if he could talk to those and they were literally communist dictators in those days, why in the world can't american leaders talk to them? >> yeah, you know, larry those comments coming out of capitol hill, those do a real disservice to the american people. maybe it is in the water they're drinking i don't know. part of what the american people expect their leaders to engage diplomatically throughout the world whether you like the person or not. i don't care whether you criticize president trump for

talking with vladmir putin for a lot of reasons. i saw good days, bad days, good thing were happening in russia, bad things happening in russia. when the russians attacked us in syria he called him, when he they had a huge forrest fire. i saw him with kim jong-un, baroda today, from the taliban i awe him keep the lines open. when joe biden called saudi arabia a pariah state, look the at mohammed bill salman a crown prince, got a fist bump not a sword dance of the people see that. ad very adversaries and fingerprinted as well. general keith kellogg, thank you very much. happy valentine's day, my friend. i'm kudlow, i'm back with my last word.

♪ i have type 2 diabetes, but i manage it well ♪ ♪ jardiance! ♪ ♪ it's a little pill with a big story to tell ♪ ♪ i take once-daily jardiance ♪ ♪ at each day's start! ♪ ♪ as time went on it was easy to see ♪ ♪ i'm lowering my a1c! ♪ jardiance works twenty-four seven in your body to flush out some sugar. and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects may include ketoacidosis that may be fatal, dehydration that can lead to sudden worsening of kidney function, and genital yeast or urinary tract infections.

a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop jardiance and call your doctor right away if you have symptoms of this infection ketoacidosis, or an allergic reaction. you may have an increased risk for lower limb loss. call your doctor right away if you have symptoms of infection in your legs or feet. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. ♪ jardiance is really swell ♪ ♪ the little pill ♪ ♪ with a big story to tell! ♪ - cash is king. you ever heard that? well, always was. always will be. and it's the cornerstone of every homeowner's budget. - i was a little stressed. i was a little worried about the situation, our financial situation and paying our mortgage. - a dollar doesn't go as far as it used to. gas, groceries, night out. some folks are cutting back to make ends meet. others are taking on an extra job. but what if there's another way to get extra cash.

- [narrator] if you're 62 or older and own your home, find out how a reverse mortgage could eliminate monthly mortgage payments, pay bills, medical costs, and more. - i'm sitting on this money that i could get that was tax free. - aag can show you how a reverse mortgage loan uses your built up home equity to give you tax free cash for almost anything you need. - [narrator] here's how. on average, seniors pay $1,300 each month on their mortgage. a reverse mortgage eliminates your monthly mortgage payment and puts up to $1,300 back in your pocket. that's a cashflow increase of up to $15,000 each year, or $150,000 in 10 years. - it just enables us to maintain what we were doing prior to retirement and not have to cut back. - [narrator] if your home's paid off, a reverse mortgage loan can still improve your cashflow. let's say your home is worth $390,000, around the average american home. a reverse mortgage can get you access to a line

of credit over $100,000 that grows over time. - get the extra cash to live the life you deserve. give aag a call today. - [narrator] call aag, the country's number one reverse mortgage lender and get your free info kit. call the number on your screen. ♪ me and my friends ♪ ♪ life is better with the credit gods are on your side.

rewards once available to the few are now accessible to the many. ♪ get cash back rewards, and live large. ♪ larry: all right, happy valentine 's day. save our border, save the country, kill the senate bill. we love america. and happy valentine's to liz macdonald and her great show. elizabeth: and to you too, larry. we match with the tie and the shirt. happy valentine's day to you. it's good to see you. we're staying on the new developments, breaking news coming in, former act aing homeland security secretary chad