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tv   Mornings With Maria Bartiromo  FOX Business  June 19, 2024 8:00am-9:00am EDT

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. maria: welcome back. good wednesday morning. thanks very much for joining us this morning. i am maria bartiromo. it is wednesday, june 19, 8:00 a.m. on the east coast, hope you are having a good wednesday morning time for hot topic of the hour los angeles school district voting to ban o cell phones for entire school day fox business lydia hu now with more lydia, good morning. >> hey. good morning maria, los angeles is now the nation's largest school system in the country to ban cell phones during the entire school day,
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and experts warn that cell phones hurt mental celebrating could push more to follow. >> often in education there's -- the test cases, where one school or district will try something and then others look to it especially because such a large district a lot of smaller ones may follow. >> implementation in los angeles of ban is likely going to vary from school to school depending on grade and depending on parent blooip some you may see lock phones lockers couches others tell students to leave the phones at home, altogether. maria, there are already, concerns, like how will this sweeping ban be enforced? on more than 400,000 students? here is one school member from yesterday in los angeles listen here. principal school time job arguing with students about
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cell phones, i don't understand how that is going to happen, because this single administrators supposed to be visiting classrooms, meeting with parents, going to meetings, and doing other things i think is going to be a full-time job being the police of the phone. >> still this idea of a cell phone ban is bringing together elected state leaders on both sides of the aisle seeming to show agreement in policies we don't usually will see on heels of announcement of this ban yesterday gavin newsom wants a statewide law on this ban now something florida governor ron desantis signed last year a bill prohibits cell phone use during class time new york governor kathy hochul also wants to ban smartphones on school grounds in coming o legislative session measures appear to gain support now maria, so unclear what parents want, you know some say want to have phones available to kids in case of emergency, and i
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mention there is a national poll from earlier this year shows only one-third of parents support an outright cell phone ban in school, back to you. maria: interesting conversation thank you so much one part i like this idea then, again,, i want the kids to be able to reach parents in emergency, how do you see it? >> i think really an important conversation that we're having right now cell phones are having huge impacts on our kids' lives, it is not at it advantage of learning of you know -- it certainly not h helping mental healthy what do we do ban in it schools take control out of parents' hands but into schools more one way we could do it the other way got pier more aware what is going on with kids' life not just o cell phones happening in schools i know, someone in college in high school had a math book on his laptop all
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day long the messages are popping up even though doesn't have phone, home work but access, access to all those same things, same thing so what is the problem with going -- i think what we have to go after address root cause a ban sounds kid i don't want kids on phone at school either what is really going on what is going to happen baifrdz do we need to address what we need to look at i think a ban is easey fix systemic problem moredeep. >>. adam: anything that helps focus energy concentrate, anything that helps do that is generally speaking a positive. i think getting rid of cell phones in a classroom is a positive. it helps you focus on what is actually happening, at that moment, as for being ability to ranch parent in enemergency one in 10 million probability
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of that happening presumably why there are teachers security officers in the school. >> school coming between parents and child on so many instances, where i am taken aback by this out we need child parents to be able to communicate with transgender justify doing stuff without parents knowing, it -- it is not -- it is uncomfortable, there is this is dr. fauci admitted closing schools during pandemic was a mistake. >> i kept on saying close the bars open schools o open schools quickly safely as you can initial lly to close down was a mistake. >> won't repeat it. >> absolutely. maria: he admitted it rebecca. rebecca: good that he was able to swallow pride say not
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good i have seen him do nothingl nothing but defend policies i am -- >> your thoughts. >> i think you need them ebb accessible. >>. adam: fauci covering tracks trying to protect legacy, my view. >> a lot coming up former president trump is vowing to eliminate taxes on tips for service industry workers if he resistance reelection steve is here with more on that potential legislation don't miss it you are watching "mornings with maria" live on fox business. we'll be right back. ♪ oh i wanna dance with somebody, i wanna feel the heat with somebody, yeah. i wanna dance with somebody ♪ ♪: with somebody ♪
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tips for restaurant workers and hospitality works. anybody receiving tips is no more tax on tips and i think that is going to be a great thing, they earned it a lot of people don't get tips you don't like service don't give anything if somebody does a good job supposed to today tax on it ening that immediately effective immediately when we get in. maria: former president trump proposing to eliminate taxes on server tips should he be reflected in november, chairman of the national senator committee member senate finance banking house of foreign affairs as well as inian affairs committee thanks for being here. >> glad to joining you -- >> what can you tell us about potential legislation, on eliminating taxes on tips breaking news for us right now on upcoming legislation on this tell us. >> first of all, a stroke of genius by president trump shows american people how in touch he is with the challenges working class in
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our great country an idea came to president trump from a waitress why taxing my tips? so i plan to introduce the bill in the united states senate part of the finance committee member that have committee we have jurisdiction over taxation i w will this bill will eliminate tax on tips importance the working class if they get -- hit hard with biden inflation up 20% since he took office just makes sense tips may be 20% why not make that tax-free as a way we can help the working class offset damage of this biden economy. >> tell me how you offset that as we talk about, you know the potential, of 50 -- 56 trillion dollars in debt 10 years talk to you about know the debt now above 33 trillion dollars, what is the number that tips, taxes get you how do you replace that?
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>> yeah, first and foremost what it does incentivizes people to get back to work in the economy generates tax blg revenue more working you pay more taxes. maria: good point. >> you are employed that is always the thought when you cut taxes as we saw what happened to trump tax cuts left screams with it look at results revenues increased corporate taxes and passive taxes as a result of tax cuts part of challenge once president trump is elected we need to make tax cuts permanent, the "the wall street journal" called this six trillion-dollar election. if president biden is reelected, if we don't control the united states senate as republicans, there is a four trillion-dollar tax increase coming in 2026 with expiration of the trump tax cuts plus another two trillion dollars additional taxes democrats want to impose on this economy devastating, looking for
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offsets on spending side to make tax cuts permanent. maria: president biden came out with a budget for 2025 in that budget 7.3 doctoraled budget, 5.35 trillion dollars in taxes, four trillion you are four trillion you are talking about saying not offset to eliminating taxes on tips it will be result of more people working more people getting taxed how you think revenue grows doesn't affect 34 trillion in debt. >> absolutely when you move the american people from being dependent on federal government, to being employed that creates taxable revenue lowering taxes you get more people working they start paying taxes that is genius behind what president trump proposed, instead of striking a chord, no taxes on trips
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vote for trump a great move for president trump again shows how in touch with challenge of working as mr. maria: i think a great point that you make essentially in touch with service people, they i heard as well don't want tips taxed, the border the president announced executive order granting amnesty for migrant spouses, shielding up to half a million migrants from o deportation, watch this. >> -- already a system in place people we are talking about today the process is cumbersome separates families, the current process on undocumented spouse u.s. citizens go back to home country, for example, mexico, obtain long term legal status so they stay in america. but within shadows in constant fear of deportation without ability to legally work. >> joe biden forge granting mass -- going to formally
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grant a mass amnesty to millions of illegal aliens under this program deluge of i illegals given immediate green cards put on fast-track to relationshipship so they can get i think a lot are going to vote for me. >> something senator you have he been outspoken on border crisis you say biden policies heightened terrorist threat in america right now. >> well, no doubt, this is a mass amnesty bill a recruiting tool not for cartels the cartels can say come to america, joe biden is going to give you citizenship, look, this is no coincidence 4 1/2 months away from election democrats seared to death hispanics moved 21 points in president trump's direction since 2020 they think somehow will help with vote. the problem hispanic voters want to make sure we are a nation of law and order you come in the right way hispanic
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voters don't want massive amnesty bill as you mentioned with joint terrorism task force arrested 8 terrorists radicalizeized, planning to inflict terror attacks on our soil look we have sleeper cells in our country as we speak a result of some 10 million illegals across the southern border, came across the southern border this is far more than immigration debate this is about national security, protecting homeland. of course it is just stunning detail senator, good to see you we will be watching all that we appreciate your time this morning, thank you steve daines, my next guest with former president trump's team on inflation, thes expectation raised to nearly two trillion dollars, we have more on that you are watching with maria" live on business. stay with us.
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her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for. maria: welcome back, take a look at futures this morning, markets closed for juneteenth
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holiday looking at mixed market for open thursday futures marketed pricing in 68% chance federal reserve will cut rates this september urging patients need for more evidence of cooling inflation joining me right now to talk investing macrostory chairman ceo of strategicis jason trennert, you are a trump donor. maria: yes. maria: i want to talk to you about research because jason you are the best on the street in terms of research out there i would say you and nancy lazar on the street the biden administration using a variety of tools to spur growth keep long-term rates low include strategic petroleum reserve, the treasury general accounting repo student loanps forgiveness refunding schedule walk us through this every administration want to do as much as they can to make things look as good as they can seems doing a lot. >> every administration does
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this, i would say biden taking this to art o former agreement, in my opinion, puts at risk financial health fiscal health of this country last october, treasury yield yields history 5%, janet yellen stopped issuing long-term debt started issuing bills a time in which interest suspense going to exceed defense budget very much i think, this is the plan we're do everything to get to november, with all these tools they are using, but you the it is going, in my opinion, has potential causing fraet long term harm to our economic health. >> in terms of long term debt versus short term they want long-term rates low janet yellen came up with idea to do what -- >> she came up with idea stop
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issuing long-term debt create scarcity lurn interest rates come down stock market takes off the problem relatively low interest rates right now 55% debt maturing next three years the opposite of the way any normal rational actor would do this you wouldn't fund massive long term liabilities with short-term funding that is what u.s. is doing very, very risky for the future of this country, for future of the america. maria: inflation one of the most important issues on the minds of voters today so what are they doing there? the underlying components of inflation is oil, gasoline, so what are they doing in terms of playing around with strategic petroleum reserve to again affect the market ahead of the election. the strategic petroleum reserve is at lowest level since 1983. >> makes no sense of course ignoring our national resources, i think may be first society in history of
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man, that is ignoring resources in abundance in the united states keeping oil prices a little bit higher than they would be, also playing games with it to keep low it before the election. and, in my opinion again i am a free market person not a big believer in solar subsidies i think should use what we already have everyone would be better off would be wealthier but that is not what this administration is all about. >> climate change agenda is priority, so a climate change but before election going to start -- playing around with oil. >> another. >> artificial intelligence uses enormous amounts of electricity as example a.i. search 10 times used the electricity a google search does, if you look at that you say how on earth can you do this without fossil fuels, 60% electricity production 16% comes from coal, 43% from
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natural gas, i can't do it on renewables, there is no way you could -- in my opinion, if you want to invest in this country you have to rely on fossil fuels to do it. >> you say the cost to keep economy out of recession inflation you have common man cpi talk about c'mon, man cpi different from government cpi stuff we pay for, the president biden administration has inflation up about 20% on joe biden's watch tell us what you've seen from -- >> this is what we're seeing on screen during trump administration, wages exceeded inflation. during biden administration, it is the opposite. inflation, cpi greatly exceeded wages only government would food emergency shelter
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how is that to anyone on planet earth i have no idea. maria: we need to exist food emergency shrlt. >> the chart during biden administration, where inflation has greatly exceeded wages president biden polled so poorly on economy a lot of people, are paul, other people telling you figment of emergencies you are better off than i think the common man realizes their quality of living standard of living has er kdeteriorated, concludes, television screens trips to barbados anything you go that you don't have to pay for just includes things that you have to pay for. >> i love that idea, so smart,
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for you to put this together, with things that we actually spend more than on thank you for that, congressional budget office ramping up expectations for this year's deficit they increased it by 27% to nearly two trillion-dollar deficit new estimate more than 400 billion dollars larger than cbo anticipated in february reflecting additional spending aid to ukraine, biden student loan relief jason talking about debt, the president keeps saying he cut differentiate he did not not ma maya macguineas and committee for is possible budget say student loan forgiveness is raising the deficit. >> up to 170 billion dollars student loans forgiveness, i may be too old aimed out see if i can get a refund on my student loan from 25 years i will donate to childbirth if i get a check back, listen we are running budget deficits 7% gdp we have never done that since world war ii when unemployment rate was below
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7%, unemployment rate, what is stated as i 4% now reckless, that is one of the reasons i am quinned we would have had recession except spending money as if we weren't as if already in a recession again this is very dangerous, you can do this, a problem if you do go into recession won't be 7% gdp it will be 10%, 11% gdp that will greatly increase further inflation and long-term interest rates no coordination between monetary policy and fiscal policy right now the fed is, raised rates from zero to 5 1/2, sta quantitative tightening. >> jay powell fighting battle trying to get inflation reined in a tsunami of spending seven trillion dollars on joe biden's watch. >> i have great respect for man in arena chair powell i
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wish would come out be more forceful on this point. >> every other fd president has. >> he needs help you can't do this alone, and a lot of the budget government is necked to the inflation once toothpaste it outstanding of the tube social secur social security, medicare medicaid there is a is 3 to 4%. >> environment dangerous world that we have should we be spending more on the interest associated than we spend on defense spending incredible let me get to this melania trump will hold a fund-raiser at it trump tower, log cappain republicans i know you attended a trump fund-raiser hosted by john paulson you say working with president's team on inflation, tell us more, on what you've been doing what you believe trump policies will be with regard to inflation.
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>> listen i think i don't want to make it sound like -- but working with scott, you know jason miller part of the campaign, larry kudlow, close with president highlighting common man cpi the fact that real wages for average person are deteriorating, going down standard of living declined i am pointing out ways i think -- we all have ideas the best way, in my opinion, if speaking with president right now first thing to do you are on right track swamp stop spending all money average farmer probably has one person department agriculture to talk to. i would say you also have to do things manger long-term vefrments, at least allow the tax code to allow private sector to make you long term investments that increase
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productivity preserve tax cuts critical to long term future and health of this i economy those are things would i tell him easier said than done. maria: make growth a priority. >> make growth a priority. >> not a priority right now but make it a priority. >> percentage of the overly economy good things will happen americans will surprise as often we don't need industrial policy don't need experts -- we need regular people. maria: jason trennert here stay with us. we'll be right back. .
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record-breaking heat wave scorching the country. cheryl: that is right much of the nation continues to get walloped with record braking heat wave effecting multiple states 92 million americans from -- from midwest to northeast under heat alerts
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temperatures hit upper sniepts chicago washington, d.c., boston even here in new york city residents feel-like temperatures 100 or more eric adams announcing cooling centers across the city as risk of exhaustion heatstroke soar, yesterday on capitol hill white house press secretary karine jean-pierre halted comments a member of press passed out due to heat. >> oh hold on. >> okay -- >> well as for today sweltering heat dome continues to affect more record-breaking temperatures in the forecast especially maine, texas facing nearby tropical cyclone, illegal migrants facing gang assault charges allegedly beating up two new york city
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police officers "new york post" reporting they checked on untended children outside a shelter when jumped queen's d.a. putting out a statement quote they approached a group of nearby adults to make sure that children were being supprovided at that point, 5 adults began punching kicking shoving officers two on bikes striking the cops four suspects arraigned yesterday charged with assault child endangerment laundry list of other charges, finally this milei mayes hall of famer known as, died yesterday at 93, he passed away peacefully among loved ones, considering one of the greatest players of all times to america's beloved tax time, big break in 1951, 20 years old making mlb debut with new york giants became
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fran giants help to 1954 world series championship was heart and soul of the giants for two decades before a brief stint with mets he was hired back in 1973, a this time all-star two-time mvp 12 time gold glovrer, ducted into hall of fame in 1979 maria, you had connection to him your father befriended him when they served in army together you said mays used to call your cad, they served in korean conflicting he called my dad brooklyn father loved willie mays my husband and i got my dad his engineers a picture of the famous catch, after dad passed put up in one of my rooms in my house we call it
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game room all my dad's inconveniencing including two willie mays pictures my father alleged talked about willie mays how they were buds he was known as brooklyn. >> great memory. >> i love it. >> thank you, cheryl. cheryl: former president trump campaigning in this wisconsin yesterday, about importance of winning that badger state. >> you know again we win wisconsin we win the whole thing we win the whole thing. >> a new poll finds trump biden tied nationally each receiving 49% support new polling fru. sa today suffolk university find black voters moving from president biden in two key swing states 56% pennsylvania down from 76% four years ago, support following to 54% in michigan down from 2020 president trump is in the lead, in most or if not all swing states joining me lara trump cochairman
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republican national committee co-chair woman lara thanks so much for being here this morning. >> thank you, maria great to be with you. >> the polls for a second i was astound to do see them neck and neck nationally speaking with all issues talked about every day, from wide-open border and what is happened in terms of you know, crime, and murder, from illegal migrants came through the open border to the inflation to see them neck and neck nationally what do you take away from this poll. >> yeah. well, look as relates to donald trump we know traditionally polling typically has him behind where he truly is the best poll i think of all is actually going out being among the people of this country, last week, i was in michigan personally donald trump in michigan, yesterday i was in pennsylvania, donald trump in wisconsin when you go out and, actually, talk to people, and engage with voters, you get a very different sense than what these polls reflect it is very
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much akin to what i think a lot of us experience on campaign trail in 2016 that polling typically had donald trump behind everywhere you would go cross this country excitement enthusiasm momentum clearly behind him for reasons you pointed out reality is people in this country are starting to realize they cannot sustain their life with the trajectory it is in right now based on the policies of the biden administration and the democrats, they need a change it is why you see, so many polls when you talk about minority voters, voting blocs traditionally democrat voters, donald trump won 8% black vote in 2020. right now polling around 23% across the country, with black voters that is devastating to the democrats look at teamsters the union workers had an article out this morning democrats are panicking worried about those folks coming over to join
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donald trump as well, rnc, by the way, received first donation since 2004 from a team cities are recently, after donald trump met where their president, i see people moving over maria because they understand what is at stake in this election, i don't think that is polling oak accurately reflects sentiment of american people. >> i as i you are right when you say panic i think democrats are panicked because of everything you are outlining lee carter jump in you have your finger on pulse in terms of what people are talking about how they are feeling right now. i want you to tell us, what the polling looks like from your standpoint you look at swing states. lee: i look at swing states i think most important, to say decide the election, donald trump is beating joe biden pretty much across the board. and ahead by more than 3 points in polls i think significant as you said, he never performed as well in polls in 2016 in fact over performed the polls by 2, 3, sometimes 8 points, you can't
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help but worn if that same thing isn't going to happen this year. just not able -- going to be a landslide election they say close if same pattern holds would be that he that i can say in landslide i think allotted of people will be surprised they don't see sit coming. >> we're not taking anything for granted we feel same way we see same numbers play this up to november 5, because we must do that cannot take foot off gas look at map that we have right now battleground map to include minnesota, virginia, look at the state of new hampshire donald trump joe biden tied right now in that state, i am telling you there is something going on in the country i think whatever you look at fund-raising numbers look in 48 hours after donald trump's verdict read we raised 70 million dollars, 30% of
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that came from people had never once o donated to donald trump what we know even if you donate a dollar, to a a political campaign you are literally, you will vote for that person sending new voters we appreciate it going out connecting with people across this country can leave nothing to chance. maria: we know who counts the votes last night rnc had a protecting vote in pennsylvania some of what you said then watch. >> we from rnc have put in place an incredible election integrity program not only are we training people to be poll watchers we can train pooeb poll workers to work in polling locations train people to work in the tab tabulation centers where mail-in ballots come in want to have an army of people cross this country 100,000 people strong, working around the country, to ensure integrity in our elections. maria: i want to know how
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confident you are about that integrity former trump slamming president biden over new report shows agencies in 49 states providing voter he registration forms to illegal migrants without requiring proof of o citizenship migrants can access s welfare benefits mail-in ballot forms 19 states and washington d.c. allow noncitizens to pain driver's license. >> this is reason biden wants millions to come to our country how much confidence do you have that we are going to have a fair and true, transparent election in november? >> it is the number one priority of the rnc this is all we are forced on maria we have the greatest candidate in donald trump, he will continue to inspire people to get out and vote, it is our job to ensure that it is a free, fair an transparent election by the way, every person in this country should want that no matter if voting for republican a democrat or a
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third-party candidate. it is integral to our foundation, as a country, that we all have faith in electoral process we are working on exactly what you just brought up there maria. every single day we have 91 lawsuits out right now, in 26 different states it is for some of those things that you just talked about the fact they are registering people who are noncitizens to vote in this election we are doing everything in our power at rnc to make sure that when people cast a ballot when they go vote in this election, they've full confidence in their vote we want people to go vote early, because we want you to bank your vote then people to work from that moment, all the way up to november 5 taking people they know to go vote we have to make it i too big to relying we want to swamp the votes how we are going to win in november. >> early voting started mid-september lara thank you. >> it does sorry. polling starts mid-september vote find out where your voting locations are, donald
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j. trumpcom if you want to finite out more lara trump from rnc thank you so much. we'll be right back. stay with us. . (bell ringing) someone needs to customize and save hundreds with liberty mutual! (inaudible sounds) (elevator doors opening) wait, there's an elevator? only pay for what you need. ...
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cyberexploitation keep, 14 years old now at 15 speaking out senators ted cruz amy. >> criminalizeing the publication of noncon sensual imagery requiring web sites move it texas senator ted cruz joined by ellison and her mother thank you so much. >> good morning, important story, share what happened. i woke up on monday morning as for normal day got calls messages from friends telling me that these new images were going around. >> there was pair you have and nude going where? >> all around school snapchat instagram, all social media. >> what did you do first tell your mom. >> yes. >> what happened? >> -- crying day morning
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expecting a normal a day showed me pictures i because mortified as a mom stunned, i couldn't protect my daughter. maria: did you know right away that it wasn't her she is not nude took this nude picture whose pod was this any recognized where she was on cruise ship on deck, as mom i knew immediately, where the first picture was, so i knew that, but if i wasn't did not know that looking at photo i would probably think it was real. maria: senator this is incredible story tell us about this take it down act why you want this out why is it so important to you. >> maria, sadly this is a sick twisted pattern getting more common, thousands and thousands victims like ellison if you look online of the deepfakes on line up to 95% of them are nonconsensual images, the technology is such that you can take, a perfectly
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innocent picture on social media, that another teenaged boy at high school took used an app to turn it into a deepfake, you can turn them into pictures into videos, are with technology you can't tell they are fake you think real this is a pattern that is being used to abuse almost all victims are women or teenage girls that is who is targeted so to take it down act is bipartisan legislation introduced yesterday number one makes it a crime a felony to do this, that if you target an adult you can be punished up to two years in prison target a child pushed up to three years in prison the second piece puts a legal obligation on big tech companies to take it down to move the images when victimor victim's family asks for it, her mom went to snapchat over and over and over again
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snapchat just said jump in the lake ignored them for 8 months. >> what happened when you went to school everybody saw the picture. >> um, i was told went around the who will school it was just scary going to classes the fear of everyone seeing images. >> did you feel you had to explain that is not me that is take. >> is it exactly i felt like i had to tell everyone that it wasn't real, i was just kind of -- fighting for what i thought was fake. maria: you would think that there should be legislation against that especially now in new world of ai. >> look. we got 12 cosponsors six democrats six republicans i think getting this passed this is not a partisan issue should all come together say protect our kids the right thing to do. maria: s, of course, thank you so much for shearing your story great to have this morning appreciate it watching your work senator ted cruz, stay with us. we'll be right back.
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maria: i want to thank this incredible panel, rebecca walser, adam johnson and lee carter. great show you guys. >> always good being with you. maria: great to see you. markets are closed today, "varney" & company picks it up now, stu take it away. stuart: good morning, maria, and good morning, everyone, it is june 19, juneteenth, the day we celebrate the arrival of federal troops in gavin newsom at on, texas to ensure allen slaved people are free. it is a da

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