tv Kudlow FBC June 13, 2024 7:00pm-8:00pm EDT
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larry kudlow no taxes the regulation, the businesses roundtable and of the subject of the rift former president donald trump made his first visit to capitol hill today and first one since he left office three and half years ago an e-mail sent in house republicans revisited the top ceos in the business roundtable are yours truly was the moderator an interviewer for one hour session i'm going to have much more in the house and senate meetings and we have her own john roberts congressman wesley hundred and senator roger marshall on capitol hill in the unity five was very significant and meanwhile, the business roundtable meeting was private and off of the record officials were okay with my reporting some general topics no direct quotes meeting was packed by the way in and one issue seem to be tax cuts president trump alleged that he would maintain the
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21 percent corporate tax rate which was such a winner for the workers and so crucial for the businesses to grow and compete and he told the that he was going to stay without and no changes in 21 percent rate in fact, one of the entire trump tax cuts of 2017, to be extended and made permanent and in general, he made it very clear that he is a tax cutter not a tax raiser enemies of pro prosperity and opportunity president, and i distribution asked in the joe biden's perhaps 5 trillion-dollar tax hiking policy, and would be catastrophic, to the economy and out, and by the way, i have to with the sin, mr. trump repeated his policy of tax free tips that he unveiled in las vegas last weekend and he told several
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antidotes about this but i'm not allowed to repeat them on the record meeting anyway, he mentioned that it mr. also mentioned the big picture themes accessible bring the country together, and success bring unity and the strength in the home at least two strength abroad and also repeated it policy to overturn biden overregulation, and that includes permitting reform and of course, drill baby drill baby drill and as he always does, he maintained that opening the fossil fuel's biggest would be a key part of ending bided inflation and you could've heard a pen drive to drop through the one hour presentation with trump and all of you my editorial, powerful group of corporate bigwigs were very happy with the candidate for lower taxes and deregulation in the success of business which is the best vehicle of promoting workers coalition and they were very pleased to see a person of
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energy, throughout the presentation anyway that was my take away and into several team meetings with mr. trump during his presidency and frankly, i thought that this one was the most favorable one yet. that's just my taken anyway, here with much better informed the political opinions as always is the case, you know it's john roberts going for have american reverses her john, trump day on capitol hill 11 preferences. john: the opinions and observations yes but i will bet one category work though the doubled of the trump tip tax cut, be both caddies and i remember the 1990s when i lived in new jersey and new york, is never the ridgewood health club beautiful golf club that played there every other year free time in the caddies would be $30 a bag probably would typically carry two bags of the would make $70 and they
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got it a second look over that would be rare $70 they would have to pay a tax on that but only works solely for tips pretty but if they took a $70 and put it in front think of that would give them much more purchasing power c1 today ever embrace you. john: well i can see all the times and play golf, no candy ever embraced me. larry: somebody today was talking about this new policy of no taxes on tips and imagine how and i don't want to mention any names because i can't but he did mention after playing a round of golf that it would you caddies came up to him and give bags but they were all sweaty, he did i really like that, but he was okay with this one time and won't mention names. john: i do remember playing qualifier when you what is 104 degrees and we were all sweaty so we did not really matter but this from visit to capitol hill was interesting today and he was right on message and it is not like one of his campaign of his work we start to get into grievance
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politics and it was talking about policy and he was talking about russia is healing right past florida he was talking about the border and he had a very supportive voices behind me mitch mcconnell was out there the mitch mcconnell did say yesterday, that he would support all trump any talked about party unity and that is really what they need to have and they all need to get on my page. larry: if god sums out of this coming right up to seek a at this role it please. trump: was tremendous unity the republican party we want to see borders and we want to see strong military and we want to see money not wasted all over the world pretty we do want to see relationships right off of the coast of florida which is what they are right now and is unthinkable and we want to see just successful in our country and we don't have success right now. larry: will two things there and
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well baby three and everyone in your judgment with the gop take the senate. john: will certainly mouth favors new republic is that i was just curious, what you know watching that closely when we first pointed out the scene judy vance over his left shoulder there, it was like fill the position of vice president easily. larry: this video of the left shoulder no comment. [laughter] >> he supposed to be one of the front runners. >> in the u.s. military a. >> you look very presidential and he looked like he had the backing up all of the republicans in the senate and because, democrats are defending many more seats, the republicans are given the political climate i think that there is better than even chance that they could pull off the victory the senate and of the leave larry hogan alone, maybe they could just pick up a seat and figure you'll see the maryland and this war, the trump campaign it makes 0
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cents and when you say all he said was, we should respect the jury's decision and he did not say williams trump is a lowlife he just said respect the jury's decision and chris and. larry: will i know larry hogan who in many ways was an american governor of maryland he will have his disagreements with mr. trump he will not however have 100 percent disagreements i will make that clear horse you about you should know you can describe us as a senator but the republicans will control the senate with all of the committee chairs etc. etc. this right larry hogan is important. john: listen you can bring it to degree was a muddy 70 percent that would be went. larry: you know some original thoughts a former reagan grievance is a certainly not snake. john: it was none of the business from table summa did not hear anything like that. john: leaves on message and talk
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was really interesting today as well is used to be an idea and i was underage and policy the politics ends at the waters edge whenever u.s. presidency goes overseas you leave them alone and the gloves came off on them a long time ago i think during the bush administration is a trump said were nation joe biden's over there in italy at the g7 and doing it over the last sentence get talking to all the other g7 leaders and typically would leave him alone but trump said we are nation in decline will be laughed at and we have leader who is being left out so the policy politics ends of the water's edge is gone now that was a very sharp huntress between him and his foreign policy which was very strongly you were on the foreign policy trips just like i did i remember when he first met joining in singapore in the show of strength in terms of foreign
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policy jobs that he demonstrated during the trip, was remarkable and very reaganesque c1 will oblige need to talk about some of those things to the business roundtable and the question was asked any talked about that. and what was his business of the russian freighter what was it. john: number ship something a nuclear submarine from the russian navy and i believe they were armed with hypersonic missiles and sealed with it to miles of florida coast. the only thing it was missing was giggling middle finger on it i wanted ships and russian reports of the washington post, that this was in response to biden giving the go-ahead to use american missiles and rockets to fire into russian territory. winter if trump said that is unthinkable, what would he have done that it happened with moreover, be civil okay, this not make as much trouble but would jfk have done. the russians had done that and might not have been the missiles
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of october because they were not putting nukes but they got hypersonic missiles and they were right there off the florida coast some of the gulfstream. larry: this on a good story john roberts there good buddy you must be pretty good golfer club championship. >> will that was a qualifier is a qualifier larry. [laughter] [laughter] anybody can go into a qualifier see when i was going to put them into the pga just moment will anyway appreciate it. john: is not scotty scheffler before that soon be sure to catch john un-american reports and we case every day one — 3:0" and thank you john i can be of your own kudlow president trump to the house gop this morning, remember to meetings, the morning and the houston afternoon in the senate and in the middle of the business folks and will ask wesley hunt when we come back and here is read no tax tip policy even with sweaty
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borders point of people coming to our country going to come in legally see what it was mr. trump on the senate side this afternoon and 20 is now superstar texas congressman mr. wesley hunt wesley think you for coming on again and so you were in the house from spoke to the house colleagues and all right top three points and would you take away. wesley: the energy was spot on it was fantastic s&m a packed house window you have the guy who will be our no many of the present the country and the tough very simple, is a border, is inflation, and is safety and when think that he really get on that i found very interesting was russia is what doing right now in cuba and the fact that the world thinks that they could act and behave like anyway they want and then after looking at how to biden forming today in europe, you reviewed the way were viewed right now suing her some rumors about that. >> and i was actually very sad
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to see some for me to watch president trump for an hour and a half stand up and no teleprompter speaking to her entire delegation in the position of that which is how we saw vita behave today was just a stark contrast that let's entire world know that we have to have you back. larry: with the questions and the people popping up from the back and single give me a flavor for the questions and will inflation i assume border i assume and safety an american strike that would help numbers me the last one american strike has been picked away the story that at this russian was circling florida for a while on his way to cuba and we cannot all right that credit think see if we as you can imagine the contrast between joe biden dividing us have everything scripted and yes know who's going to ask questions as well with er and unitive speaking for known at present trump spoke for an hour have no teleprompter no nothing they can medicating with
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a very frank and honest like neeson will does anybody have any questions and you are allowed to stand up and fire with a question to the future president of this country and basically with mostly water what are we going to do about it how we will fix it and this is an issue that is made every single state of the border state president trump us certainly aware of that his response was this, when handsome mass deportation since and some people back and what makes very tough decisions and he is right to standby that the american public sick of it and that is number one issue socially moment texas more from from the people of the most concerned about is our border. larry: i just pull congressman, pulls the necessarily tell-all assortment of supple, the showed that believe over 70 percent favored a strong deportation is a forceful that i've seen in my view is at a minimum the criminals have to be deported immediately and i know when you come across as a little while i
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get that but i think you more winds with their were shooting cops and shooting of murdering young ladies running out in georgia for example you know the stories and the venezuelan gangs we know who they are because of these left-wing sanctuary cities, they cannot share given to the border police somehow in this stuff seems to me would be it hundred percent issue. >> absolutely as strong men to do it into president trump to do this meeting he reference dwight d eisenhower and eisner and alan been hit in the drinks one of my favorite presence after president trump of course and he reference that he deported people because he had to make a very strong stance to preserve this nation a reference it because five-star general, to get a . as we take that kind of leadership to do it again and when he referenced was the season the left is going to get tripping a few people who going to get deported like the poor
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mother family they're going to talk about the criminals the wound to deport first this is top priority and find criminals send them back to where they came from very important. larry: this good in a spoken to him quite a bit about that do the white house and her thing just as we bit of history you are at west point grad yourself this insert that into it but we bit of history like is underrated president such a thing is possible and the liberal so-called liberal republican governor of california, earl warren, who i put in this report is a chief justice and conservatives route against him for the next 30 years but it was earl warren who convinced like to have to deport the mexican immigrants in the criminals there because his day could not afford to keep them and you will ever trump say, perhaps maybe said today, if you keep throwing out eight or ten or 12 or 15 million illegals into the cities, you are
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breaking the cities you won't break in the entitlement system because we of a sudden i see the new york city renown then mayor eric adams and it went out of this so that's an interesting thing in you can afford it sustainable and plus the criminal problem. >> we been dealing with us in texas try to do something about it what evidence but is doj sued texas top of the federal government what happens is this is a start to realize we start to ship these to the states they start feeling okay now is a bigger conversation we cannot afford it pretty for trillions of that and running 2 trillion-dollar annual deficit and then when you at 11,000,012,000,000 people that we know of this country you are only adding fuel to the park fire cannot afford us as a country. larry: thank you we appreciate visit mr. wesley hunt of the
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great state of texas houston to be specific we do appreciate it all right folks coming up will talk about mr. trump on the senate side and we have senator roger marshall to do that and remember folks kudlow available as a podcast and episodes are available every weekday right after our show on spotify and apple foxbusiness podcast common unit with them a on the supply side podcast, kudlow will be right back. >> ♪ ♪ ♪ ♪ ♪
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>> we may not have that to okay but we do have you and thank you. roger: will try to be a play-by-play. larry: okay here's mr. trump meeting with the senate and a ticket pretty much everybody should have been not everybody, what you say what was his message. roger: is important who is their lease 45 and is ago leader mcconnell setting up front, i think sue and mcconnell was the front. >> is taking a stand for before and after the meeting that we know we are the same team as very unified meeting and you would trump meetings are like is electrically is in a credible fastball. and i think it was just exciting after all that he had been through strongest man is never seen 70 be able to take all the heat that he is come in there and ready to lead and took him about two minutes i thought of you and he said this month drill baby drill yes that's the key to inflation so we just talked about what we have been talking about an absolutely tax cuts. larry: well i interviewed him at
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the business roundtable any explicitly static about that he wants that 21 percent corporate tax rated he would not go higher is not going to jacket some republicans in the house have said yes to get things about it so did he say the same thing in the senate and estate tax cutter not. roger: 's text and he seemed going waitresses out there in the world sue in the tips. roger: so proud about that when this will but you know your listeners need to understand donald trump is not elected, your taxes are going up the decks because of the jobs act which has your fingerprints on thinkable will go away and there is no way joe biden continues those if we do not have them involved around the economy. larry: i thank you so a totally came up today but it must be 5 trillion-dollar tax hike. which would be catastrophic to the economies of president trump talked about all about and how was the reaction and you senators are going to play a major role in something called conciliation which is a big
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budget package in texas it might have permitting reform minimum i have drill baby drill was no who knows what will be need is 51 notes mean the senate is when be crucial to the trump program. roger: so we need all three levers we have to have majority in the house of the senate when he trump the white house. then we need the new but we can actually do it twice big meetings yesterday speaker johnson came over to the center yesterday. larry: twice when you're. roger: yes yes he came to budgets we will due to budgets will due to budgets we can do it and it was exactly speaker transit's message yesterday bites of this apple must be ready and they one sue and yes let's be ready day one this really really crucial. and john roberts are shaun roberts were the best political reporters there and set that one point about mr. trump's visit to washington, no talk about its own shall we say situation okay
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and no talk about the judges really no talk about his own problems and he was really talking about the people's problems and how to improve the country and unify with the republicans in the senate and the house was at your impression mr. trump stay away from his own issues. roger: absolutely nothing he does that summa absolutely what you did pause for minute there. roger: will absolutely needs to stay focused on the economy secure the border those are the two biggest issues, and we need to say spot on those as well and certainly all this other issues are helping him but we need to stay locked in on helping the american people keeping this working pollution together, that is growing within a party. larry: i some of the news reports, so that accident march marshall, jd vance, he wants to band together, and no fighting judicial nominations federal
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judicial nominations, because of what is going on in champ trial new york and elsewhere is a serious matter holding of the wealth this matter only of the momentous. roger: i think we should do we can i join the little incident remains in front of deliberate will hold a 44 nominees for their political jobs that will come in and promote this judicial activation and weaponization judicial system many soy think it is something we can do it really the full spectrum, they tired of the republican spring the other cheek in the ready for us to stand up and fight trouble fight in the senate need to sentiment fight as well see what is your biggest issue heard him today and he covers what he covers and it's a wide sloth of key issues what is your single biggest issue. roger: with the people cancel something, here's the open southern border and the price of gasoline and groceries is a simple. larry: when they want you to do
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well i just talking to congressman before you slippery smart fellow from texas and you know, we see the polls the issue of deportation and particularly deportation of criminals but it looks like a very strong deportation program is being greeted with a highlight 70 percent of favorability issue i wonder if you're hearing that kansas. roger: yes his condition doing ends interesting even argue whether president eisenhower and eisenhower are, the greatest economy but the other thing in common is eisenhower was achieved reporter any deported number many people one summer. principal reasons as well and advising house or if i can do a million in the summer of the president trump get a million deported is something that needs to be done we need to get the tears the criminals out of your first c1 last one, we have a little bit left and this is june, we have the rnc and the dnc and so forth but she will
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come back into session little bit before the election we not and what will happen there and what should we be thinking about right now. roger: i think i'm chris will focus on nominations and as of farmville sitting other need to take a peek out as well and i think that republicans should be focusing on the budget process on how we make the budget need and how do we have a real budgets the weekend at the ground running and i think that's what we should be doing. larry: 25. roger: yes. larry: started to putting together now in your a lot of talk about that. house school lease talks about that steve scully's and i think it is quite sensible but you gotta have the tax cuts in with the spending cuts right in the drill drill drill. roger: it all ties together we do secure country and groceries down and we need us in the majority house majority.
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larry: senator roger marshall, thank you thank you for your time i played enormously think you would president trump just now, spoke supposedly fox phone about how he sees the campaign right now so take a listen to this and it's very interesting see bleeding everywhere in some cases a lot and on the states that normally would not be a player are now in place in some cases were leading them doing very well in virginia and new jersey and new mexico and minnesota just came out they have us even with the state that has not been one since i guess 72, 1972, that is a long time and so i think were doing really well and on the other states the swing states were leading every one of them were leading nationally and so very happy with that. tremendous support the senate has been great and we have spoken this morning for the house, that we did the roundtable the business leaders and we do the senate and i guess
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there's about 75 questions and 75 different topics i don't think biden can do that. larry: there you have eyes and there was a guess what is the only clip that were going to fight but anyhow journeys out onset former elector president of the center for renewing america and that were not good enough we have steve miller former trump senior policy advisor and trump campaign and will start there and of a smile was moment out of steve miller and steve miller, you were a company president trump sailboat of you did not show up in the business roundtable to see extraordinary condo interview but i think that you are with trump some of the others stops in trump comes back to capitol hill steve miller, what was your impression is your take away. steve: yes larry, well i have an incredible time today attending some of the events that was just described as incredible unity and incredible good feeling about house members and among
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centaurs, tremendous support for this candidate for the presidential republican nominee and to achieve victory in november uses president trump said, we must be unified across the board and he laid out his immigration vision he laid out his porter vision and he laid out his economic vision how to tackle inflation and how to tackle but that how to get energy prices back down and energy security backup and how to seal the border shut down and talk but having and he's more solid love that are ravaging so many nations the putting american security in grave peril so all that and more with this is truly incredible day and a wonderful day for the republican party and for america. larry: there you have it this good wrap up and know you going to agree to basically great well what is immigration no on the hottest position in the country. >> absolutely around the country's immigration in the border and the invasion and is inflation and i think that those
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two issues beyond anything i think that resonated with the country right now. larry: what should we do that as you put it invasions met with president taking office and they one has all about our policies and if he's already executed it to be able to turn off the spigot is in the low back across the border and, i mean, stephen miller as part of his team, these guys perfected those policies and is instantaneous and the things that we need congress to give us the money to be able to do increase that built wall these are thanks that is starting the largest deportation and history of the president is running on as of these are things that is taking the case to the american people and he will be ready if they one in the country will be ready for it. larry: here was so congratulations going to be the policy director for the republican national committee committee and we have the right. >> yes. larry: good what we recommend on this and let's talk about issue number one.
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which is the immigration human border the invasion as you put it in out in a president trump wants nobody was to remain in mexico have something like that restoration of title 42 put into it as well and so forth. what about the deportation side and i see polls the show deportation and will kind of presidential authority jesse have to make use the authority to deport visual here illegal they come you go through process we have ways to expedite the process and unfortunately into the biden administration nice to me it is been used basically people across the country communities from the border and other me to restate in every community essentially border state and ice has the ability with proper leadership from the oval office to overturn that i think that's what you will see in putting in place the thanks to steven and others really created to serve the president of the last term c1 steve miller
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can i just testing pfizer some way that you guys can get your arms around the federal bureaucracy which member agrees the republican president and certainly disagrees with mr. trump and at least thus the track record and those guys are tenured and the worst continued harvard faculty members and is e something in the early stages that can combat this crazy bureaucracy that will straddle post trump every chart. >> we right of course larry, that the permanent washington bureaucracy, the lifetime tenure bureaucracy undermines in a very significant way of the operation of american democracy where you elected leader and you elected donald trump lifetime tenure officials at the cia and of the fbi and the department of
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homeland security elsewhere in the government department of state who have their own agenda this weekend another way that the left in the democrats are trying to subvert democracy. president trump is committed to it was theme of his campaign, to restoring full american democracy, the means as that you have to have appointees inside of all of these agencies from the agency had come to the chief of staff on down to the public affairs officers who are committed to executing the lawful agenda the democratically elected president of the united states and if you have instances and you have cases, federal bureaucrats are engaging in behavior that is not lawful and not consistent with the proper understanding of the constitution, then by definition of course those individuals will have to be recited have to be moved and that is a core component of having true democracy in america with a will of the voters is respected and
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so you will the issues today whether it is a secure border or low-inflation or whether it's low energy prices weather is safety honor streets, right foreign policy that puts america first and all of these issues but with the voters ought not just by a slim margin but 70 percent of the voters 90 percent of the voters they want these forms they want these changes the government donald trump will not let a bureaucracy stop them from limiting that popular agenda america's want. >> will i know the polling numbers are remarkable also an 80 percent any of the winter of the customer to oppose but you know your the business meeting today, the issue came up and you have the sort of rope federal trade commission communications and rope antitrust civil with the justice department efficient in all they do it sue business and it is the most antibusiness operation i've ever seen now and they are
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independent agencies for the nonindependent of the earth and the planet enemy administration absent in his insanity by the way, when that i think of the most is lena who loses every court case but because of the business of a millions and millions of dollars in legal fees and maybe subs out businesses sent can you do something about that. >> you candidates running out of right out of the whole notion of independent agencies, the constitution county published would never have recognized defendant agencies as part of the footprint stephen talks about the presidents proposals is to make sure to the extent that these agencies are doing rulemaking company come into the white house and not unlike anything else that you received from the department of commerce of the epa to make sure that is going from a cost-benefit analysis to ensure that other agencies get a chance to have an opinion on what they are doing over believe the president should have an opinion was coming from the oval office this
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was something that we've discussed and is running on how we discussed in the last administration videos a great campaign agenda piece on that entity to something that is promising american people he would do. larry: is wholly antigrowth and anti- jobs today growth and antiworker would've they say ist was crazy stuff all she does is loses seem to impenetrable i don't get it. russell c miller i don't friends i think adjournment and we do appreciate it very very much and right folks any time and coming up, success brings the degrees unity and that is a big part mrn washington today but he hasn't tax on the citing the regulation also anything like it we more exclusive sent from him i will talk about it with vibrant european candy and i'm kudlow and we will be right back.
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that includes netflix, peacock, and apple tv+. that's xfinity streamsaver™ for just $15 a month. all your favorites. all in one place. only from xfinity. for more watching and less spending... x marks the spot. do it all on the network made for streaming, and bring on the good stuff. >> support larry hogan. >> i would like to see one and we need to take the majority and straighten out our country so i would like to see him when any survey they can win a new other
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people have made some strong statements but i can just say from my standpoint about the party and the country. larry: very wise politically and join and i were just talking about this at the top of the show and larry hogan could be a very good republican edge to the senate and journeys now to talk about that other things, byron chief political correspondent for fox contributor fox news contributor and also kt and also they fox news contributor and kt you like this approach right an open is republican they can win many chairmanships of leadership and what i do larry hogan is a republican in a very blue state of maryland has been able to keep his approval rating very high in a state is looking like he could look ascendancy in maryland on behalf of republicans for the first time in a very long time is all about the map and in washington dc and
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larry hogan has to win first this maybe some of the positions might not be completely 100 percent with donald trump but we were able to win that election bullet off it will certainly help the republican's with her agenda which will be driven by present donald trump should he went reelection. larry: plumbing kt is right out and all accounts it did not understand why some of the others trump would love, came out it blasted a man others andu know it is all wealth is the political pragmatist and outcome of this is the kind of the new with new wish trump is not legally change we have a different story tomorrow yes will look big show of unity for the party is really important and going into the convention a month from now coming to show that almost everybody and almost everybody except maybe if you are actually favor double trump because as far as the polls a this is a really close election and really close election polls,
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they are putting their within one point in swing state polls are still very tight news what is going to give cummings that went all of the 2020 states, probably do that when georgia and arizona is that would one pennsylvania and michigan or wisconsin and that is not easy to do and while they're all going to be close in any he needs about three wednesday ruth out but i just think that he will win all of those sunbelt states is going to set up based on my i'm kudlow thought the knowledge or lack of knowledge affect their of and george will come to visit the north carolina still really like the border helps but like pennsylvania david mccormick running for the senate in his close the gap against rpc tutor most improved campaigner mr. marin and i thank you so really saw it but i just we come back to this point, this trump somebody say the new trump because i've known him for a
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while seen him operate on the inside from public pronouncements here, no enemies and only help and let's have a big tent the publican party we need to do that. the used with byron was tuition for you try it with you, new wish donald trump pragmatic political theoretical thinker speech of. [laughter] i'm not sure sunday will donald trump is very forgiving person when it comes to politics enough of the 2015 primary any got through the primary this time naturally is willing to move on and actually what were these people read against him and helped use them to further the benefits of a country pretty but in terms of how this plays out for the general election, in the question i get all of the time people who pay attention to the policies who do not working politics and no pay attention to everything that he felt the best republicans than replacing joe biden at the convention when you president trump with a contrasted today on capitol hill, with republicans rallying around him and having a space
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solid will now he can go after the swing voters in the swing states that byron veganism to be policeman to become the joe biden is wonderful together coalition and people are questioning he is even going to be the nominee. larry: okay byron one shot will joe biden be the nominee. byron: with think we talked this before okay while the colonist john the importance of the other winning ticket jaws of life to get joe arden to the white house and everything will is looking for 7 percent worse of the stuff in the juneteenth ceremony was really concerning i thought. on the other hand, there is nothing going on in the democratic party that i know up to get rid of him and every thing at all that the people in charge of everything at the convention all the people in charge of everything in the states something role in forming the president is the prison abuse party come is almost impossible to give it a. larry: i just wanted to check and that's all. okay i'm going to go, to the
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