this. >> yes. this is window-dressing at end of the mon. people are buying tech and selling everything else. liz: one word answer, up or down this year in the s&p by end of this year. >> we'll be higher, yes. liz: all right. pretty big move to say that because considering the s&p is already up year-to-date 14% and today adding just a bit more, 24 points to the s&p. the dow losing about 276. the nasdaq the big winner, up 230 points. [closing bell rings] raising canes ceo and taylor morrison ceo, sharon palmer. we'll see you tomorrow. larry: hello, folks, welcome to "kudlow," i'm larry kudlow. so joe biden now on day five of his camp david lockdown. that is ahead of thursday's cnn presidential debate as trump continues, mr. trump continued his own tour de force around the

country but what do voters want to hear from the former president on thursday? vivek ramaswamy is going to give us his thoughts in just a couple minutes. first up ashiah hasnie live in washington on the latest on the trump and biden operations. asia, what's cooking? >> reporter: good to see you. we probably won't see either biden or trump until thursday. neither of the two men have public events on the schedule anymore. team biden is on media blitz sending out surrogates all over the country. they are predicting trump will be unhinged on the debate stage. their words, not mine. asked whether voters trump did a better job in office than biden the biden campaign didn't talk about policy. instead they blamed americans and their poor memory. listen to this. >> i do think that people have amnesia.

i've been talking to communities across the country before the campaign, especially latino communities i reminded them what we experienced for four years under trump. >> reporter: so apparently we all have amnesia, larry. biden surrogates are hitting battleground states to drum up the abortion issue as well which will probably be a hot topic on the debate stage. someone who debated trump back in 2016, former secretary of state hillary clinton warned in "the new york times" this week mr. trump will most likely say he wants to leave abortion to the states. hopes that sounds moderate. it really means he is endorsing the most extreme abortion bans imposed by many states and all the extreme restrictions to come >> i want to see president trump ask biden, when is abortion not appropriate? you know, the day before birth? the week before? the month before? and really point out a lot of extreme measures that are out

there. >> reporter: larry, conservatives say voters would much rather hear the men talk about economy, immigration, the border. that would track with the latest "fox news" polls, that found voters rank abortion 6th in issues they consider extremely important behind economy and immigration. larry? larry: thank you, ashiah hasnie. very interesting. so, folks, joe biden keeps breaking the law. there is something for it. that is the subject of the riff tonight. ♪. one of the things donald trump should ask joe biden at the cnn presidential debate on thursday, is why he won't abide by the law regarding the cancellation of student loans? so, just last night two u.s. federal judges, daniel crabtree in arkansas, kansas, rather, john ross in missouri, both of them are appointees of former president barack obama, they issued injunctions to prevent the biden administration from canceling anymore federal student debt.

all right in this case they were blocking the so-called save plan which has a price tag of roughly $475 billion over the next 10 years. that according to the penn wharton budget model. by the way that model estimated that 750,000 households making over $312,000 in average household income would benefit. so much for helping low income families. the plaintiffs in this case which were attorneys general from missouri and kansas they succeeded making the case congress never gave president biden the authority to cancel the loans. now back to mr. trump's hypothetical debate question to joe biden. the biden press office responded to the court decisions by saying they're basically going toking more it. >> today's rulings won't stop our administration from using every tool available to give

students and borrowers the relief they need said karine jean-pierre. she went on to say, that's why the department of education will continue to enroll more americans in save, end quote. so, i'm sure folks watching the debate will be curious to hear mr. biden's answer, even more interested, why he is willing to break the law, or why he is so intent on disrespecting the supreme court for that matter. basically biden, who was criticize the supremes in the state of the union speeches, he sees the highest court as the land as a bunch of republican justices allied with elected republican officials out there in the hinterland. now, for a guy who talks a lot about preserving democracy, this is very odd position to take as he demeans and actually ignores the decision of one of the three branches of government. but never mind. he is going to just try to keep spending almost 600 billion

worth of the student loan cancellations. that according to the penn wharton model. federal court decisions be dammed. which brings me to the final point, concerning possible fiscal questions in this cnn presidential debate. the latest cbo baseline during the biden years which go from 2023 to 2034, 10-year window, shows an increase in federal debt held by the public from $26.2 trillion to $50.7 trillion. as a share of gdp, that debt moves from 97% to 122%. now, somebody has got to do something about spiraling federal spending, and borrowing before america's finances become completely unmoored from any kind of a market based reality. that will require a bold, balanced budget plan, that restrains spending, but holds down tax rates in order to promote revenue enhancing

economic growth. however, breaking the law or promoting a come meet fiscal breakdown is not the path to a new american prosperity cycle. and that is my riff, all right? we welcome back to the show with great pleasure, joining us vivek ramaswamy, former 2024 presidential candidate, trump campaign surrogate. vivek, welcome back. just a lot of little things here. i was hoping mr. trump, i mean i don't know whether the cnn moderators will ask the right questions or not, okay? but mr. trump could ask mr. biden, why are you disregarding federal judges? why are you disregarding the supreme court? why are you disregarding the whole issue that you do not have the authority to cancel student loans? that's not the only disregard of the law but that is not a bad place to start vivek. what do you think? >> look, i think you've laid out some great points, larry. my advice to president trump just be yourself.

president trump has a historic opportunity right now to defy the media narrative, larry, actually demonstrate he will be the president who unites this country. joe biden ran on a platform of national unity he failed to do it. president trump will unite this country in a different way. success is unifying. excellence is unifying. so growing our economy and fixing our border crisis, those aren't just policy solutions. those are steps towards reuniting the united states of america. i'm going to be with him in atlanta. i'm looking forward to it. i have full confidence he has led this country. he led this country in the first two years against a russia collusion hoax and impeachment hoax. if he can do that, he can handle himself what will be a three on one debate, make no mistake about it. is this fair terrain? of course it is not but i'm confident president trump cannon the less handle himself debating against three people, not just one. larry: i love the themes of success and unity. i think you're 100% right. i was just thinking it may be if the moderators want to ask good

questions, maybe mr. trump has to ask a good question or two. in this case i think the student loan thing, these judges just ruled, this is not the first time by the way. the supreme court has ruled. now you have federal district judges rule. the bidens want to ignore it. you can't willy-nilly, break the law. that is to me fair game for debate. biden wants to talk about democracy, blah, blah, how about ask him why doesn't he uphold our court system? it is the third branch of government, is it not, vivek? >> of course it is and i think this theme of law and order is a really interesting one, larry, on a couple of different levels. first of all we have rampant of breakage of law and order in cities across the country. it is no accident you see abandonment of rule of laws in cities and our own southern border and united states government and president of the united states is completely disregarding the law itself. these are deep-seeded issues go to the culture of rule of law in

america. i'm fully confident if the moderators don't step up to do their job, of course president trump will be able to do it. i think the american people are ready to see through that veneer. was 2020 fair the way media handled it, suppressing hunter biden story on eve of last election, of course it wasn't? but the american people have been fooled once. they will not tolerate being fooled again. i think president trump has historic opportunity to let his record speak for itself. four years of trump, four years of biden. under four years of trump you had sealed border, growing economy and a stable world order. under biden we're closer to world war iii than we have ever been, a more porous border we had at anytime in our national history and an economy flailing in the face of inflation. that record will i think hold in the eyes 6 most americans of the you know what? success in the face of trump's term will be unifying for the country. larry: i love that. you were just talking about the russian hoax and laptop computer and all this stuff. i'm just reading about you

basically trying to take over "buzzfeed," the website, "buzzfeed" and this is a noble mission, vivek. these guys were enablers, heck they won a pulitzer prize for pushing the russian hoax by was completely and utterly wrong and phony and you want to, so you picked up your stock holding and you want to put some new people on the board which is the right idea. maybe due to "buzzfeed," what elon musk did to twitter. tell us about this. because i see a market-based opportunity here instead of having government do it, let's have private investors like yourself do it. "buzzfeed," fake news, russian hoax, and all the rest of it. they got a pulitzer prize they should give back. tell us about your "buzzfeed" campaign. i love this. >> sure, i'm a big fan of driving change through the private sector, larry. as you know i founded strive in

the asset management space. i criticized media a lot during the presidential campaign. i just don't believe in words but i believe in action as well and what i see is actually an opportunity. there is wide open opportunity in the media landscape, in the creative economy, to say you know what? we'll be a platform that embraces the full cultural and political spectrum across the board. this is a missed opportunity. a lot of people heard of the company. i heard of the company. what does the brand even mean? it is opportunity for value creation. it is a stock got gone in the gutter ever since they went public. it has no cash. i became the second outside shareholder in the company i should say, class a shareholder. i think some of the change we'll see in this country is not just going to come through government, it will come through a change in culture, through the economy. i do think reviving our voices as shareholders. i lived the american dream. i built successful businesses. to apply that in new ways,

larry, one of the ways i think we can drive positive change in this country. i did have my first meeting with the management team. i'm glad to say it was a constructive meeting. stay tuned for what is ahead. larry: by the way mr. trump agrees with you 100%. that is the best way to drive changes, do it through the private sector, do it through the investment sector. in a letter to them, you're saying distinguish yourself from competitors but openly admitting your past journalistic failures, redefine "buzzfeed"'s plan around the pursuit of truth. you said that in a letter. they're not buying but i think, i think you're right, vivek. put them out there. redefine it. you have a chance, they sinned. now it is time to ask forgiveness and start all over again. >> look, i think, you want to talk about uniting the country and also seizing a major opportunity. any member of the mainstream media who looks their audience in the eye says look we lied to

you, from the origin of covid to the trump-russia collusion hoax, to the hunter biden laptop story we made his takes mistakes and we're sorry. we'll not let it happen again. these are the changes we'll make and earn your trust. that is a massive business opportunity for the first mainstream organization that steps up to capture it. the reality the opportunity is sitting there. the power of capitalism often gets people to make the right decisions. i respect elon has done in case of twitter. that is social media platform. in the context of publishers or even one publisher stepping up to do the right thing. that is major opportunity. that is part of what i articulated in the first letter i sent to the board of directors. larry: great stuff, vivek ramaswamy, great stuff. good for you. thank you very much. of course we love having you on the show. good luck down there in atlanta at the debate. folks coming up here on "kudlow," biden racking up america's debt. why is it all the left-wing operations keep trying to blame mr. trump? it is an odd story. the numbers are the numbers.

anyway, we've got russell vought and kevin brady, two budget veterans. folks remember you can catch "kudlow" monday through friday 4:00 p.m. right here on fox business. if for some reason you can't catch us at 4:00, just text your favorite nine-year-old and she will show you how to dvr the show. you will never miss a thing. i'm "kudlow." be right back. when the sawdust settles and the engine roars the thing you care about is a job well done. but when you get your tools from harbor freight something about the job feels different - your wallet. whatever you do, do it for less, at harbor freight. ♪ choose advil liqui-gels for faster, stronger

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larry: so on the eve of the cnn presidential debate how can biden allies with a straight face actually say, mr. trump created more debt than mr. biden? so let's talk about this. joining us russ vought, former omb director. kevin brady, former chair of the house ways and means committee. gentlemen, welcome. russ vought, i bet you didn't know this, donald trump is the guy who was the big spender and he was the guy who created all that debt. i'm reading from maya maginnis's group i'm not sure how they get to what they get. i heard other people say that as well, try to make the case but i look at the cbo baseline numbers that came out last week.

seemed like the debt under mr. biden has gone up from whatever, 26 trillion to 50.7 trillion over the next 10 years. so straighten me out here, really? trump was the culprit? >> no, he wasn't and unfortunately i like what maya's group does but they often take the static score for number of these things including the tax cuts and don't impact the revenues that have come out of that and they don't control for covid when it comes to the reality of what we were facing at the end of the administration but the sheer reality of it is we're looking at between seven and $10 trillion in debt and deficits from the biden administration has put on this country and saddled taxpayers with and that is not comparable to what the president trump left office with. just to give you a real small snapshot, when we left office $350 billion in interest payments per year. that has ballooned to a trillion

dollars per year as we close this year. and so you see that in the bummers and you see it in the pocketbook with regard to inflation under one administration and something we did not face under the previous one. larry: you know, kevin, it is just interesting to me, and i agree with russ, maya maginnis group do good things on spending. they're not supply-siders on taxes but they're scoring trump with stuff that was bipartisan, nancy pelosi stuff. budget acts of 2018 and 2019. they say it is bipartisan but they score it under trump. he would not veto it if it was bipartisan f we had it to do over again, kevin, cares act during covid, i don't know how we could have not acted. you can debate the second one, 983 billion, which had a lot to do with the wishes of nancy pelosi. i think all this scoring stuff is extremely unfair. i don't know whether you have seen it, kevin, whether you care

about it but seems very unfar to me? >> yeah, i have seen it. it is cherry-picked in a big way. the point you make, what i was planning to which is much of president trump's spending did occur driven by the covid spending to try to keep people in their jobs, and businesses open versus what we've seen under president biden, you know, big stimulus payments, paying people not to work. locking down these local economies and businesses. then much of that debt that he is aaccumulateing are his own executive actions, such as forgiveness of student loans. so i think there is a big, big difference but i do know this, i think we all agree the debt we have right now is unsustainable. you can never tax enough to get out of debt because washington will always spend more than is coming in. really at the end of the day you have got to have growth in the economy such as we saw under president trump's tax cuts and

jobs act that drove federal revenue in really strong, positive of, way, you need to right size the government and have real firm spending guardrails around future congresses. it is tough to do but there is no shortcut. you have to have growth. you have got to have spending constraint and guardrails. larry: russ vought, we talked a lot on this show in the last week or so when this cbo baseline came out and i think federal finances they're in shambles. i think there is no two-ways about that and it is not sustainable and it has got to be fixed. now the question is, you and i talked about this, it is worth review, you have the cnn debate coming up on thursday, probably going to come up again. you can raise taxes which is what mr. biden is proposing and lots of it. "the wall street journal" called it tax armageddon, you can raise taxes or you can restrain spending, keep the tax rates low and go for growth.

the question is, russ, is number two viable? can you restrain spending, keep the tax rates low and go for growth at the same time as you restrain spending? >> i believe it is possible and i think president trump has the only viable strategy to deal with the fiscal wreckage that the biden administration is given us, that is to extend the tax cuts, have deregulatory policies, open up energy exploration, have the economy explode and restrain spending, to restrain spending in area that is easiest, members vote on it every year, the country hates the most which is the bureaucracy, also get rid of the welfare hammock kept people on the sidelines far too long. you do both of those things you're on a path to balance. if you don't believe me we put out in budgets in every year but one in the trump administration got to balance with exactly that formula, congress refused to go

along to pass the spending cuts. it is certainly viable. president trump is doing one additional thing this time. he is running on the notion of impoundment. the ability of a president not to spend money, that is something that is insurance policy against congress being unwilling to go along with his future spending restraint. larry: the biden budgets, do not, even on paper get to balance, not even on paper, much less any legislative package. kevin brady, i just want to ask you one thing before i lose both of you, this is a hypothetical, kevin, a hypothetical but, if you substituted a 10% tariff for the corporate tax, is that doable, is that a border adjustment tax that we talked about back in 2016 or 2017? in other words, i just looked at the numbers, this is back of the envelope stuff, about four trillion dollars in imports, 10% of that would be $400 billion.

corporate revenues coming in at a little more than $400 million. you could conceivably put a tariff in, take the whole corporate tax out, when you take the corporate tax out, corporations don't pay taxes people do. you would provide a tremendous tax cut, what do you think, kevin brady, is that remotely doable or a non-starter? >> i think the numbers look like it is comparable but i think the policies are much different and i know as we proposed the border adjustment tax we were trying to level the playing field between u.s. manufacturers and businesses and foreign competitors as well. it was done in a way i thought drove growth, investment, made us super competitive in the u.s. tariffs have a much different impact. i think they're as distortive as taxes. i worry about exceptions and under the radar role it place. they're not visible.

it always scares me taxes are not stealthy, not known by consumers. government likes to drive those up. i think some red flags. policy standpoint, and an economic standpoint. larry: i want to throw it out there. we don't have time to pursue it in any great detail. >> yeah. larry: i know the subject pops up from time to time. i call it musings, musings, that's all. kevin brady, thank you for your musings asals. russ vought, thank you for your muse is. very much appreciate it. coming up on "kudlow," why are voters losing confidence in mr. biden and his economy, just musing? we'll talk about this with wisconsin senator ron johnson, a couple other things as well. remember, folks, "kudlow" available as a podcast. episodes every weekday right after the show. get it on spotify, apple, foxbusinesspodcast.com. i'm "kudlow." be right back. and i saved hundreds. with all the money i saved

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♪. larry: all right, we're going straight to our own edward lawrence at the white house. edward, what's cooking? >> reporter: student loan bailout plan, two separate judges halted future payments of forgiveness plans in kansas and missouri, the judges found issues in two different areas specifically related to this plan going forward. the end result of this, a decision in kansas, preliminary injunction in missouri will prevent anymore money used to forgive student debt. >> well i'm afraid that he is not going to stop. you know we beat him at the united states supreme court about this time last year on his plan a. he immediately almost simultaneously with that defeat rolled out a man b. i'm sure he has got a plan c. most recently he has been on the stump bragging how the united states supreme court told him he couldn't do it and he would do it anyway. this is constitutional crisis. congress has the power of the purse not the president. >> reporter: in a statement the

white house press secretary said the department of justice will appeal. quote, the resultings won't stop administration using every tool available to give students relief and borrowers. those tools, the student loan bailout ballooned the fiscal deficit to 1.9 trillion. the spending not slowing by this administration. for the first time federal reserve board of director inflation remains high in part, because of quote, open u.s. immigration policy that added millions of new immigrants in the u.s. over the past few years. listen to this. >> so given the currently lowe inventory of affordable housing in the united states the inflow of new immigrants to some geographic areas could result upward pressures on rents as additional housing supply may take time to materialize. >> reporter: those inflated rents already in the system. it has a lag because of the size of the leases. also we know that shelter costs are a big part of the calculation of inflation. oh, by the way, larry, consumer

sentiment came out today, a little bit better than expected however last month's were revised down. we'll see what the revisions next month about today. larry: edward lawrence thank you very much. for more on all of this, let's bring in wisconsin senator ron johnson. senator johnson, welcome back, sir. i want to start with consumer confidence. you look at the numbers today, the level of confidence actually dropped a wee bit in june. it is actually 10% below where it was a year ago but here's the killer, it is hovering around 100 on the index. if you go back during the trump years, that index was running about 140. in other words it is more or less 35 to 40 percentage points below where it was during the trump years and that spells a lot. that tells you a lot about it. consumer confidence a leading indicator of the economy, what do you think, senator johnson? why hasn't consumer confidence ever recovered under this current administration?

>> because people can't afford to buy things anymore. the metric i use the dollar you started with at the start of the biden administration is now worth 83 cents. that damage has been done. it is not going away. even though inflation rates are lower, again, people are suffering. they can't afford groceries. looking how the federal government forcing them to buy electric vehicles. one of the reasons inflation is down by the way, read interesting article, the cost of used cars declined because electric vehicles have much lower value, people realize they will pay $10,000 plus to replace a battery. the biden administration policies are destroying this country. on top of it, open border, flood of illegal immigrant, people are concerned, are my wages going to be going up when there is so much pressure and competition for jobs? so again across the board people realize democrat governance has been a disaster for this country. larry: i was thinking in those

terms. in other words consumer confidence writ large, is consumer confidence in the leadership and the governance of the country and when you look at the polling information, you know, the working class, i don't care, whites, blacks hispanics, asians you name it, young people, none of them have much confidence in the future. therefore they will look for a change in this administration come november and they will lean towards mr. trump. i think that is what these consumer confidence, these numbers are sort of hovering, wall street gets all excited about .3 of a point here, .2 of a point there. reality they are 40 points below where the trump years. to me that says there is more confidence then than there is now? >> what's remarkable, larry, back in the trump years you had a media telling americans how miserable they had to be under the trump administration, where now you have a media pretty much sweeping all this disaster, all this misery under the rug but not admitting to it. people recognize reality.

they see the endless wars. they see america spending money on you know, trying to control somebody else's border rather than our own. they lost confidence in government. they have lost consumer confidence as a result. larry: one last one. this student loan business, okay, we talked about it earlier in the show, my riff with vivek ramaswamy, the reality is, outwardly, brazenly, in response to what these federal district court judges are saying, in response to what the supreme court itself said a while back, mr. biden says i'm going to forgive student loans, we'll cancel student loan debt anyway, okay? you know my hope is that mr. trump asks mr. biden how he can brazenly just break the law. i don't have confidence that the cnn people will ask that question. maybe they will. i will be pleasantly surprised but i mean really? supreme court, you got federal

district judges, actually they're obama appointees. they say you can't do it. the bidens say we'll do it anyway, what do you make of that senator johnson? >> larry, it is also nancy pelosi, speaker of the house of representatives said president biden did not have the authority to do so until he did it but she was all okay with it. grossly unfair, unconstitutional. i feel sorry for kids enticed into the massive debt, including those with degrees marketplace doesn't value to pay them off. it is grossly unfair. not popular except from the small slice of americans getting loans paid off. larry: there you have it, senator johnson, appreciate it very much, talk soon. folks let's bring in, let's bring in some replacements, how about this? joe concha, fox news contributor, mark simone, wor radio show hall of fame host, et cetera, et cetera. mark, why does joe biden need 16 advisors for his debate prep. >> yeah. larry: donald trump is out raising money on the campaign

trail. 16, really? >> normally it is two or three, sometimes four. check the history, never has been 16 debate preppers. apparently according to reports the reason they are at camp david, taken over a airport hangar. normally have podiums. they duplicated whole debate set, lights, equipment, cameras. cognitive patient. i don't know that is joe biden but it is technique you use. get them very familiar, make sure in very familiar surroundings, six days in that set will get him very familiar with it. they have him standing up 90 minutes twice a day to get him used to that. unlike any debate prep. the problem you can overprepare a candidate. larry: well, yeah. by the way, i think i still have most of my marbles, it would drive me crazy, every day, twice a day. they will troh -- throw 16 advisors. they will throw so much information at him, joe concha,

he will for get everything. it is loony. >> tmi, too much information. larry: thank you. >> when you consider biden's mental acute, this may fry the cpu with all that being thrown at him. trump should ask at some point during the debate, why, joe, did you need to be removed from civilization and isolate yourself like james caan in the movie misery? went off to the cabin and tortured i think by kathy bates. you've been president 3 1/2 years, don't you know your own record? 16 guys? i have 16 guys on my softball roster. why do you need that many people? so you will see a biden probably packaged, homogenized, trump freewheeling. question which trump do we get, trump angry, tried to bulldoze biden or sit back let biden be biden let him speak

extemporaneously. larry: i say trump was off his debate because he was not well. he had covid. >> he had covid. larry: i was in a few minutes before the debate, it was clear he was not well. i think that affected him. he will be much better this time. i want to talk about important issues. let's put up the new, most important tax-related sticker for this debate, coming up, go ahead, roll them, roll them, here it comes. all right. trump, don't tax your tips, vote trump, okay? they say it is a sticker. i was hoping it was a button that actually could be worn. mark simone, politically is that a winner is it not and do you think he will use it during the debate. >> poll numbers among mate -- mater des. larry: separate poll. >> 100%. brilliant idea. talking about no income tax.

these are all brilliant ideas but, you say tax cuts for the rich, obviously not restaurant employees, workers in the service industry, they deserve this more than anybody. larry: i think it is a winner politically. i have some of my wonky friends say it is not a winner in terms of policy. it is so simple, taxes are going down, it is a winner. >> populace message. larry: populace message. >> in a state like nevada -- larry: you think joe biden will come out against it? i'm opposed to tax-free tips. >> if jake tapper, dana bash, ask that question, trump should look across the table, joe, do you believe in no, on tips being not taxed? let's hear him answer or joe, explain to everybody watching at home what "remain in mexico" is, why do you not support that? why are you against border wall crux. ask questions you know mod

ratetores won't. -- moderators won't and have him answer them. larry: mr. trump knows who his vice president will be but i ain't telling anybody see. we had a situation on set, very good friend of mine, doug burgum, governor of north dakota, looks a lot like george washington. put it up on the full screen. trump could, i'm delighted to say a lot of people, we had this conversation he and i on friday's show. i asked him how long he has looked like george washington, he said in good humor, 10 seconds or 10 seconds ago. this thing is going around the media as well. will this hurt or help his chances being vice president, mark simone i ask you? >> i think you got him the nomination. trump organization goes with older distinguished looking guy, george ross, app prentice, last time vice president, picked older distinguished looking guy. i think that will help burgum.

larry: i warrant people to take a look at it, which one is doug burgum and which is george washington? >> burgum is on the right, no, he is on the left. i don't know if i'm seeing the washington thing. looks more like the one armed man from the "fugitive." larry: you have to digitally age governor burgum. help or hurt? >> how could it hurt? isn't this funny how trump played this out. like watching "the apprentice" all over again. who will win. this is the season finale at this point. wouldn't it be interesting he announced at the end of the debate the vice president will be that person is contrasted with kamala harris. if you pick a name out of the phone book, that person would do well against kamala harris. larry: george washington would be tough debater, very good. joe concha, mark simone thank you very much. maitre d''s vote, no taxes on

tips. coming up on "kudlow," what happened to dehamasification on israel? seems like everyone has hot their way. meanwhile the israelis have got to do what they have to do. i will ask florida congressman and policy expert up next, mike walsh. thank you, fellows.

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larry: so, what happened to total victory for israel and dehamasification which was a goal? joining us now florida congressman mike waltz, an expert on foreign policy. mike, thank you very much. our friend john bolton, i served with him, john wrote a good piece today in the "washington examiner." we should eliminate not one cubic inch much of hamas's tunnel network should be remaining. he goes on to say there should be widespread agreement with the arab states, including financing for comprehensive dehamasification. mike walsh, we don't hear anything like those two conditions at all. like we've all lost our way on this war. what do you thinking about? >> well, i mean, i don't think we've lost our way in congress. this administration is obsessed with a cease-fire. that is because of pressure from the progressive left.

i fear that one they will force israel to basically allow hamas to survive. amass has already stated more october 7ths are in their future. as they very publicly seek to constrain israel, biden, and schumer and the administration, that's actually inviting iran to be a more aggressive and inviting hezbollah to be more aggressive. hezbollah has tripled the full number of drones and rockets firing into israel. you have 100,000 israelis internally displaced as refugees. at the end of the day the idf will have to clear hezbollah out or what the administration should be doing is leading an international coalition on iran. they should be flooding the world with american oil and gas to drive down the price of oil. that bankrupts iran's war machine at the end of the day put in place secondary sanctions the house already passed on

chinese buyers and brokers and shippers of iranian oil. larry: right. >> larry, you know it is all about the cash coming from iran. as long as iran is flush with cash, all the instability, all of these wars will continue. they are the root of the problem. larry: you know, mike, you're 1000% right honestly. i said this a million times. china right now by buying iranian oil, violating the sanctions, i might add, buying russian oil, violating those sanctions, china is financing two wars against the united states right now. this is with china but you never hear a peep out of the bidens. >> and -- larry: go ahead. >> and larry, then, china gets an additional benefit. they get a bonus. our military, our aircraft carriers, our ships, our munitions are wearing themselves out in the red sea and mediterranean instead of being in the pacific where they detour china.

so it is -- audio difficulties] >> it drives up putin's war machine and drives up iran's war machine. our biggest advantage is energy dominance. what does biden have, ban on american lng, making the world buy russian gas. it is crazy. it is insane. larry: if we knock down the price, drill more, knock down the price we would be crippling our enemies. there you have it, congressman, mike watch, thank you, sir, appreciate it very much. talk soon. folks i will be right back with my last word. ♪.

larry: all right, last worked just some summer fun. we're going show governor burgum and george washington again. they really do look aa like. there is a lot of resemblance. but then again i've got a new contender finish. [laughter] david asman like george washington. david: oh, no, you do not. no, we don't. larry: in for liz macdonald. david: hamilton, alexander hamilton. the maybe somebody like that. and you were there, you saw him. you you know what you're talking about. [laughter] i am david asman in for elizabeth macdonald.