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tv   The Evening Edit  FOX Business  June 25, 2024 5:00pm-6:00pm EDT

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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.
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"the evening edit" starts right now. ♪ david: breaking news, judge juan merchan has partially lifted his very controversial gag order on donald trump's ability to talk about his new york hush money trial and conviction. this coming as the former president is gearing up for cnn's presidential debate. that's on thursday, of course. since president biden and the cnn moderators will undoubtedly bring up the conviction, the unfairness of gagging president trump's response in a presidential debate seemed grossly unfair. but what does a partial lifting of the gag order mean? will the former president be able to raise questions in the debate about whether the trial was coordinated in any way with the current president's justice department? particularly, by the way, since the number three man in biden's doj was brought in specifically to help prosecute the case. a lot of questions leading up to the debate which is just two
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days away. for more, we turn to national review reporter caroline downey and senior contributor at the federalist, chris bedford. good to see you both. thank you for being here. carolyn, i want to go to you first. how does this, if at all, change trump's strategy at the debate? i mean, could he push the limit even perhaps beyond that which has been set now by judge merchan? >> well, look, thanks so much for having me back with, david. presumably, he can talk about the witnesses and the jurors now. but this partial lift is still setting trump up to the fail because he cannot talk about the full extent of the corruption of this case, the gag order was always designed to restrict his ability to campaign. remember, judge merchan in april expanded the order to prevent trump from criticizing his democratic operateoff daughter whose clients fund raise off of the case that he presided over. it made no sense from the get go, david, because trump never
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threatened anybody. he simply yesterday their integrity. he is entitled to use his bully pull pulpit to try to persuade the people that this prosecution was a partisan sham. and now judge merchan is still interfearing even though it's half interference now because he lifted a small part of this order. david: yeah. >> he's still interfering in the public's ability to discern whether that was the case. david: and, chris, the question is whether trump should trust judge merchan. the whole indictment, of course, was politicized, but then the trial itself and the instructions to the jury, all of the things that happened during the trial that exposed the political inclinations of this judge. would you believe anything he said at this point after all we've seen? >> no, i don't think there's any reason. judge merchan sledded his -- shredded his credibility. you have analysts who are generally a -- opposed to backing democrats that say this
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pushed all a bounds of credibility. and judge merchan could always resign and write a book and make millions of dollars and join the pundit circuit and be lauded. if i was donald trumping i would probably challenge this. i would mention matthew coanglo, as you mentioned in the intro, the number three guy at the doj who took a massive demotion to prosecute trumpment and i would say that president joe biden wants to put me in jail, put me in prison if i dare tell you about the fact that his own doj is persecuting me. there's got to be a bit of brinksmanship here where the president's got to call out the actual levels of corruption in front of the the american people and then maybe we'll actually learn something during this debate that the american people don't really know about two of, basically, the most well known and famous people on the planet trying to show us what they're made of. david: and, caroline, you have the rules of the debate, and some of them might actually favor donald trump biden is not allowed to bring any notes on
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stage. of course, he's lost in a lot of settings when he doesn't have cards in front of him to look at. he also can't talk to his handlers during the break, so if he has a bad fist half, he wants to get friend on the second half, he can't do it. charlamagne tha god, as a matter of fact, did say -- even hoe the mod raters clearly are against donald trump, they have a history of calling him a nazi monster, essentially, but charlamagne tha god thought the rules on the mics might actually benefit former president trump. roll that. >> president biden versus donald trump is going to be must-see. good luck, president joe biden. donald trump is dangerous because he's funny. you're just going to let trump go -- [laughter] and you can't jump in? and you're 80 plus years old and trying to keep up with every single ply he's going to lay out? are you serious. >> you got a point there. >> biden's not going if to be able to keep up. david: caroline, what do you think. >> well, the criticisms from the
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left, of course, are that he's all over the map. he's going a mile a minute, he hems and laws because he likes to touch on so many doings, but i think those are an asset in some way because he thrives when exalternative rain yous speaking is really what the centerpiece of the debate is. biden, on the other hand, like you said, just relies on notes as a crutch. and, you know, especially now that these dementia concerns is have reached a fever pitch, i'm not so sure he'll be able to rely on even his memory to get him through the debate. david: and then we finally, chris, have the comments of hillary clinton, who has debated donald trump before back in 2016. but that was before he was president, that was before he had a record. she came out with a new york times piece, by the way, saying it's a waste of time trying to refute trump. in his argument as, like a normal debate, it's nearly impossible to identify what his arguments even are. he starts with nonsense and
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digresses into blather. it's not true now. he has a record. he has a 4-year record as president which he's pretty proud of, and there's a lot of evidence that he deserves to be pretty proud of it, right? >> yes. i laughed out loud at that line when i read it because donald trump is a very good debater. he can be overwhelming. he's extremely difficult to even interview, it can be hard to keep him always on topic. but this is the first time in a very long time where you've got two candidates for office who with both have established records. there's no need to make stuff up, no need to give all these promises that you may or may not fulfill. you've got -- you can point to four years in office ors, and joe biden can point to four years in office a state. so this is going to be a debate really unlike any we've seen before at least in modern, televised history where the american people kind of get an idea of this in realtime. there's no promising from the outside, there's actual results to show. david: we know what weave seen, we know what we have felt, and,
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frankly, the evidence is pretty clear in a lot of people's minds by now. so i -- the rules be damned, i think the evidence is going to speak for itself in the debate. but we'll see. caroline downey and chris bed forkd great to see you both. thank you very much for being here. well,, two federal judges have now blocked president joe biden's controversial student loan bailout. republican lawmakers calling biden's move to erase student debt illegal, unconstitutional and inflationary. edward lawrence is live at the white house with the very latest on this. hey, edward. >> reporter: yeah, david, a big setback for president joe biden trying to forgive as much student loan debt as possible. these two judges essentially blocked going forward any new student loan debt being forgiven. legal experts say the two judges may have seen the same thing the u.s. supreme court saw. listen. >> these courts saying it's not that different;s that is, you're still trying to do something that i don't see any evidence that congress gave you authority to do. and this is a massive
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cancellation of debt for the country, and these judges said that's a major question. >> reporter: so when you use the words major question, it raises a legal threshold to impose a higher burden on the administration to prove that the rule changes are different than the case they lost last year in front of the u.s. supreme court. the biden administration not taking no, in a post on x today the white house press secretary says this: we will never stop fighting to lower the monthly payments and help borrowers get out from under the burden of student debt, no matter how many times republican elected officials try to stop us. the missouri attorney general says he will not let taxpayers from missouri be saddled with ivy league debt. >> at the end of the day, the supreme court decision from last june invoked the major questions doctrine which stands for the proposition that congress doesn't hide an elephant in a mouse hole. if congress intends to redistribute $500 billion in debt, they have to speak explicitly. congress has not done so.
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they've twice rejected a bill. the president has no text chug concern textual basis in law for this plan. >> the white house is saying the department of justices will appeal both of these rulingings. david: edward lawrence, thank you very much is. this report comes as the economy weighs heavily on voters' minds with president joe biden's out of control government spending igniting inflation. president joe biden, meanwhile, is posting on x that that a we are seeing progress on inflation but that prices are still high, so he wants to, quote, fight inflation by spending billions more of what we don't have on things like increasing rental assistance, spending even more trillions of dollars on clean energy, fighting inflation by increasing deficit spending? does that really work? joining me now from the house ways and means committee, congresswoman claudia tenney. congresswoman, i mean, it's laughable. it's absolutely laughable, trying to decrease inflation by spending more money we don't
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have. but with let's talk about this student loan thing because, again, it's -- as a edward was saying, it's an income transfer from the middle class to wealthy people. it's exactly the opposite of what democrats say they represent. >> absolutely. well, look, 87 percent of the people out there don't have student loan are debt, is so this is 13%, and many -- most people, 62% don't even go to college. so this is for the heats, the students that -- the elites, the students that can't decide what they want to do too with themselves. and remember, we made the student loan program, we turned it into a federal loan program a long time ago because we were under the belief we were going to make college more affordable. when i graduated from college in 1983, it was about 12,000 a year. the same college is about $80,000 a year, and all of this is with huge payouts to administrative burdens and those subsidies. people are coming out with sociology degrees or degrees on art and other things that they
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can't make a living at to pay back their student loans. that's why it's absurd or to say this is actually cutting inflation. i mean, we're talking about the more hay spend, the more the inflation continues to go up. and it's really in the end, david, it's a vote-buying scheme. david: absolutely. with our money. >> trying to get -- it's with our money. da. david: again, it's just like spending the oil reserves. i mean, they're using billions and billions and billions of our dollars, the biden administration, in order to get reelected. but there's also the illegality of the whole thing. the supreme court made their decision. they decided that if you're going to spend a trillion dollars, that's something that congress has to do. a president can't just snap his fingers and spend a trillion dollars. he's not king. >> right. well, of course, the article i provision that power of the purse resides in the house of representatives and in the congress. the the president cannot, you know, unilaterally do an executive order and take that power away from congress. so it's unconstitutional. it's always going to be unconstitutional. no matter how much they appeal
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that, it's not going to change. and and kudos to kansas and missouri and andrew bailey for doing this. it's really important that that we stand up for our constitutional principles and the separation of powers that we have, article i being, you know, the administrative branch, you know, where congress resides and making sure that our legislators have the power that was given to them under the constitution. i meant legislative branch. the administrators are all those crazy people down in washington who work for the executive are spending all our money. that's where we need to cut, and this is just going to be another continued in our deficit and our debt which is going to cost all these students even more in the future. david: and then very quickly and, again, this gets to the hypocrisy of them claiming they represent the middle class or the little guys as opposed to the rich people, we have the tax issue. we know that biden wants toss raise a taxes. he says it's just going on the -- to be on the millionaires, nobody below $400,000, there are a lot of people who have a 401(k) that
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they're hoping to use for their retirement. 401(k)s are going to be decimated. if he doubles the cap the capital gains tax, the whole value of the market is going to go down as rich people can move money around easily. they can send all their money around -- spend it on gold or send it to the cayman islands or anything. middle class folks and peer folks are not going to be able to get rid of all that they have in their 401(k) quickly. they'll get decimated by this, quickly. >> exactly what happens in new york state. you raise taxes on everyone, and the middle class suffers the most. that's exactly what we're trying to counter. that's what president biden is, you know, cooking up. the tax cuts and jobs act under president trump was the greatest middle class tax cut. id did more -- it did more to help middle income taxpayers, and remember something, most small businesses, family-owned businesses are pass-throughs, so raising capital gains is only going to hurt them. david: bingo. congresswoman claudia tenney,
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semper fi to both you and your son. thank you both for putting your heart and soul into this country. i appreciate it. still ahead, retired nypd inspector paul mauro joins us because house republicans are demanding information from dhs secretary alejandro mayorkas on the recent incidents involving illegal migrants crossing the southern border who have ties to isis. this as border officials and law enforcement slam the biden white house saying he's playing politics with the migrant crisis. that that's next on "the evening edit." we'll be right back. ♪ ♪ to me, harlem is home. but home is also your body. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick and mortar in new york is not easy. chase ink has supported us from
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david: republican lawmakers demanding answers after the arrests of eight isis-tied migrants raising concerns about the dangers of president joe biden's open border. hillary vaughn on capitol hill with the latest on this. hillary. >> reporter: good evening, david. house republicans think that dhs secretary alejandro mayorkas has some explaining to do. they want to know how eight suspected terrorists were able to illegally enter the u.s. and end up scattered around the country after law enforcement at the border let them go. house judiciary chair jim jordan and immigration subcommittee chairman tom mcclintock requesting mayorkas hand over
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all information on these individuals writing, quote: the biden administration's border and immigration policy only increase the likelihood that criminal aliens and even terrorists will successfully enter and remain in the u.s. if house majority leader steve scalise says that mayorkas is not doing his duty to protect americans. >> this is the reason we impeached secretary mayorkas. he is failing the american people at a doing the basic job of keeping us safe. when he says the border's secure, we know that's a lie. he's also held press conferences saying they're vetting these people. we know there's no vetting going on. >> reporter: the letter from house republicans follows a similar request from senate republicans asking if there were any red flags that popped up when law enforcement screened these suspects and if they were aware they were a potential national security threat when they let them go. but some democrats say it's still important to give illegal immigrants claiming asylum the benefit of the doubt. >> you can't assume that every person seeking asylum in this country is going to commit a
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crime. need to get control of our border. and i hope focus will pay attention to what the former president has said and done on law enforcement. he called for defunding the fbi. it's fbi that is enforcing federal laws and and is helping make our country safer. >> reporter: senate republicans gave mayorkas a deadline of today to get them answers. we'll see if he does. david? david: hillary vaughn, thank you very much. joining us now is retired nypd inspector paul mauro. paul, great to see you. we're going to talk about terrorism in a second, but i first want to get to no poor young girl -- she was essentially a girl, 12 years old. was allegedly raped, terrorized for two hours and then literally strangled to death by these two illegal migrants who were just, just awful, what happened to this girl. one of the migrants apparently had an ankle brace bracelet, an i.c.e. ankle bracelet on which
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biden, when he introduced this as an alternative, these are alternatives to detention frames -- programs, claimed this would help get the migrant crime in order. clearly, it hasn't done that, has it in. >> no, cheerily it hasn't. clearly it hasn't. that's part and parcel, the series of half measures where they've put in an app in order to facilitate things at the border. all they've done is just is made it easier. the idea that, look, nobody is pretending that the majority or all of the people who will come in here illegally seeking asylum are criminals. we know that. but if the number is conservatively 11-20 million people who have come, seeking asylum, 1% puts you at the 100-to 0 -- 200 to,000 level of criminals. and the idea as maduro empties his prisonses, which is he is doing, the cd that somehow or other an ankle bracelet is going
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to help mitigate that, we're seeing the fallacy of that now as these migrant crimes stack up. and you're not supposed to notice or say it, but it's young women, girls, who are being victimized. did dived the only good news, and i don't want to paint anything as good news in this case, but at least the d. a a. and the judge are taking this seriously. the d.a., a woman named ogg, spoke to what they're doing to try to get these people, to make the case against these two perps and then to get the hard harshest sentence possible. i want to play that and get your reaction. roll tape. >> border prosecutors, sheriffs and local law enforcement are under tremendous pressure because of the additional crimes being committed by folks streaming across the border. here in houston we are a first stop and hub for these folks, and so our violence level is also increased. this hurts the morale of police and prosecutors, when we see folks with ankle monitors
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committing crimes. it raises the question, why were they released in the first place? david: now, the irony, and you were telling me this before we went on, that woman was actually supported by soros at one point? seems like even some of the soros prosecutors are actually rebelling against this very lenient way of dealing with criminality. >> yeah. you know, you're beginning to see the sea change, and it's i all just about getting elected and staying elected, and that's why she was primaried. even the democrats are coming around to the idea that they went way too far in taking the soros money, climbing on the defund and decarceration bandwagon. i would argue we're seeing a bellwether race here in the new york 16th today, the democratic primary between latimer and bowman . bowman is a dyeded in the all defunder, latimer is not. to your point, i think we're seeing a change, but it's too
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little, too late. david: you talked about how many bad with apples there are coming across the border. even if it's a small 11 number, you're talking -- 1% number, you're talking 100,000 or more. how can -- if president trump is elected and he follows through on his promise to deport these millions of migrants that have come over, how do you do it with sanctuary cities that don't cooperate with i.c.e.? >> you know, it's going to be tough especially since he's going to have trouble with -- he's going to get sued, there's going to be an injunction, and in this whole thing has got to go through congress, and he may not have the house according to the current polling. i fear a stalemate in the new presidency if donald trump does win, and i'm afraid that some of this stuff that biden has managed to put in place is going to be here for a good while. dave:ed okay. of course, he will have executive orders at his disposal if he is president just as joe biden has them now and could close the border if he wanted to. paul mauro, thank you very much for being here.
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appreciate it. still ahead, author of "the coming collapse of china," gordon chang, according to a new inspector general report the pentagon doesn't know how much taxpayer money went to chinese labs for researching deadly viruses including the wuhan a lab. plus, we have class action attorney kelly hyman along with form former whitewater deputy counsel sol wisenberg on the news today that a judge merchan partially is lifting trump's gag order ahead of the cnn presidential order. -- debate. all of that next on "the evening edit." we'll be right back. ♪ [thunder rumbles] ♪ ♪ ♪ ♪
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david: and back to the breaking news today, judge merchan partially lifting trump's gag order. but will judge merchan still go nuclear on trump? we can expect merchan to scrutinize what a trump says at the debate as he approaches that july 11th sentencing date for the convicted former president. if he believes the former
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president violates what's still in place of the gag order, could merchan throw the leading gop contender for the presidency in jail? just four days before the rnc convention? let's welcome to the show class action attorney kelly hyman rain former whitewater deputy counsel sol wisenberg. could judge merchan still use a trump comment citing something about the trial during the debate on thursday, could he use that against trump during the sentencing on july 11th? >> he could both use it to put trump in jail for violating the gag order, and he could also a use it in the sentencing as well, absolutely. if. david: and how would he do that? i mean, i very briefly just saw a couple of comments about the partial lifting of the gag order. but, i mean, has he been
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specific enough about what measures of the gag order he has lifted to ward off trump from talking about it during the debate? >> i think so. the gag order still is grossly overbroad on first amendment grounds, but i think he made it cheer. he said trump is now free to talk about witnesses, so that'll leave him free to talk about michael cohen, for example, and former president trump is also free to complain about the jury. he cannot reveal -- and i don't think he nose, but he cannot -- know, but he cannot reveal personal information about the jurors, but he's free to complain about them as well. he can also complain about the judge and he can complain about alvin bragg, but he cannot complain about court staff or staff of the district attorney the's office -- david: by the way, does that the include the guy who was the third man at doj who came over to work for bragg? kohl anglo in. >> i believe that he is, i
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believe that he is covered by the gag order. i'm not 100% sure, but i think only bragg himself was excluded from that. so he could. and that would obviously be a very unfair -- if he wasn't allowed to comment on the fact that the third ranking person in the department of justice came down to join in the prosecution. but i'm not 100% certain on that. david: okay. kelly, how -- just a broad question. how do you think the judge will decide the sentencing of donald trump? is it conceivable he could go for the nuclear option and put him in jail? >> well, everything's going to be on the table. so what that means is the judge can going to consider everything. the state made papers and filed those with with the court and basically will assert their position on exactly what they feel, whether he should do jail time or not jail time. obviously, trump's attorneys will say no jail time and also the probation officer make a report as well to make a determination whether there's jail time. there's a lot of factors that
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the judge will consider. the judge will consider mitigating factors such as trump's age being 78 years old and then also the fact that usually in these types of cases a first-time offender doesn't go to jail. doesn't mean that it's off the table, but most likely the judge will not give him jail time. david: and very quickly, kelly, the classified docs case in florida, this is a judge now appointed by donald trump, very different from judge merchan. how do you think she will rule on the evidence? because the trump team is claiming that a lot of the evidence should be revoked particularly on instruction. also -- obstruction. also the search warrant wasn't properly obtained, so the evidence from that could be thrown -- i mean, does trump team have any chance at all of getting this evidence thrown out? >> well, ultimately that's going to be to the district court judge. as you say, the district court judge is appointed for life, and she's a trump a appointee. however, believing in the rule
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of law, in the fact that the judge will look at the evidence and what is presented to her and what exactly is presented to her. so in regards to this case, there's a fourth amendment in our constitution which discussed search and seizures s. and one of the arguments being made is that under the search and seizure that, in fact, the search warrant in order to go get the document z was very broad. so in regards to a search warrant, what exactly happens that there has to be probable cause. and probable if cause means that most likely there was a crime committed or going to be a crime committed. and that was in front of the magistrate judge, and the magistrate judge heard the evidence and based on affidavit, that's a sworn affidavit, by an fbi agent made the determination that it was, there should be a search warrant. but ultimately, it'll be up to judge cannon to make a determination of whether the search warrant was overbroad or if the evidence comes in or not. david: kelly, is sol, never enough time. there's so much to talk about
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here. thank you both for being here, appreciate it. a new report from the inspector general showing the department of defense does not know how much of your tax dollars went to fund chinese research labs including, of course, the wuhan lab, revealing the pentagon did not adequately track funds sent to the chinese labs. mike emanuel's live in d.c. with more on all this. hey, mike. >> reporter: hello, david. this internal watchdog report is kate ising in terms of the pentagon's inability to know the amount of taxpayer dollars sent to chinese labs. the inspector general writing, quote: the dod did not track funding at the level necessary to allow us to determine if the dod profinded fund -- provided funding to chinese laboratories or other countries for research related to the enhancement of pathogens of pandemic potential. the 2024 national defense authorization act required the inspector general to invest the amount of money the pentagon sent to chinese research labses. it found the pentagon failed to track the how the institutions
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that received money utilized those tax dollars. iowa senator joni ernst pushed or further investigation and says it looks bad for the defense department. >> so i think the dod is trying to cover up as best they can. i think they lost sight of what was going on in china, and they are too embarrassed to acknowledge that these are the types of activities we're funding with dod dollars. >> reporter: in january ernst and then-congressman mike gallagher requested a comprehensive review writing, quote: documents obtained by the nonprofit organization u.s. right to know reveal a defense contractor, ecohealth alliance and its collaborators, tried to deceive the pentagon about their intention to divert defense dollars to china's state-run wuhan institute of virology ferries key research. part of the concern is significant taxpayer dollars going to america's adversaries with no idea how some of these funds are being spent.
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david? david: mike emanuel, thank you very much. let's welcome to to the show "the coming collapse of china" author and gatestone institute senior fellow, gordon chang. gordon, does it look like there's a cover-up by the dod here? >> i suspect that there is, david. you know, money always leaves a trail. and if they were really interested in finding out where their money went with, they could track it. i'm not going to say that it was easy to do it, but, you know, every grantee has a grantee, so really they can and they can just track money through bank accounts. so, yeah, they're covering up. david: i want to to broaden this because there was something during the trump administration called the china initiative that started in 2018 which basically realized or admitted the fact that we had been snookered too often by the ccp in all kinds of relationships whether it was on health or on defense sharing, defense information even though they're certainly not an ally,
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could even be called an enemy. that was scrapped by the biden administration in february 2022. do you know why? >> well, people were saying that, first of all, a number of the targets of prosecution, they weren't actually convicted. and so there was really faulty prosecution. but it really went beyond that. people were saying that the investigations were racially charged. the problem here though is that we know that the communist party of china and the chinese central government specifically have weaponized chinese nationals. under the communist party's top-down system, no chinese national can disobey an order from the party, and under the 2017 national intelligence law in china, every chinese national has to commit espionage if demanded. so i think that they should have continued the china initiative because it wasn't racially based. this is a situation where china has put chinese nationals at risk, not the united states. david: by the way, we have to go, but very quickly, all of the
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tens of thousands of chinese migrants that have been coming across, a 7,000% increase in the past three years. how many of those migrants do you think are operating under the orders that you were talking about from the ccp? >> yeah. i wouldn't know numbers, but some of them are operatives. we know that they've been doing some pretty disturbing things once they get into our country. and also we know that the secret chinese biological lab in greeley, california, that was sort of structured so that chinese operatives would come in and take the mice and then spread them around the, thereby spreading disease. david: wow. gordon chang, it's horrifying stuff when you think about the implications. thank you very much for being here. still ahead, civil rights attorney and fox news contributor leo terrell on california democrats looking to spend millions on black reparations programs in their new budget agreement. california governor gavin newsom
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has come under fire for his progressive agenda that has driven hundreds of thousands of residents and businesses out of the state. but first, let's check in with our friends dagen and sean to see what a they have coming up in the next hour on "the bottom line." hey, gang. sean: hey, david. great show coming up. evens -- everyone's favorite loser or presidential candidate hillary clinton offering advice to joe biden. we have kat cammack, florida congresswoman, on that. dagen: forever bitter, never president. that's my line about hrc. sara carter is here to dig into much including the biden dhs board that went after trump supporters, painted them, military and religious people, as potential terrorists. terror risks. and then michael bright on why in the heck is freddie mac, the government now guaranteeing second mortgages, putting potentially american taxpayers on the hook if they go bad? look out below.
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we'll get you there.
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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.
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david: well, despite california running at least a $47 billion budget deficit and the nation's highest unemployment rate of at least 5.3% or governor governor gavin newsom and democrat
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leaders announced saturday they're going to set aside $12 million of the budget to help the state implement a series of reparations related bills that lawmakers hope will pass later this year. does it make any sense? let's well can kohl to the show fox news contributor, civil rights contributor and i believe if i'm not wrong, you're a resident still of california, isn't that right, leo? if. >> just until this year, until this election. then i gotta leave because it's crazy here, david. david: okay. what about this reparations deal? it's going into debt up to its eyeballs because of gavin newsom's spending and everything else, driving businesses out. does it make sense to put a reparations bill now? >> no. we're $47 billion in the hole, and they set aside $12 million, david, for the black legislative caucus. why? so they could keep talking about reparations. i want to be very clear to fox viewers. california will never issue reparations to black americans. why? we don't deserve i. california
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was never if a slave state. david, there's not a single black american in california who wakes up and talks to me about reparations. they talk about inflation and the economy and high gas prices. this is talking points to keep the democrats talking about this so blacks can remain with the democrat party it will not work. david: well, and by the way, $12 million is a pittance. the estimates of if it ever did get through some legislator at some point, this could cost up to $800 billion. that's how much money we're talking about. that's why beyond anything that the state could aforbes right?? -- afford, right? >> the budget is only $ 1297 billion. -- 297 billion. so it's almost two and a half times the size of the california budget. it will never happen. mark this, mark my words, save this tape. california will never issue reparations or that will be the defeat of the democrat party in california. david: and getting to your point
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that it's simply not fair when you consider the history of california and what california is now, here's a state assemblywoman, kate sanchez, talking about that. roll tape. >> the majority of our state is latino and asian making up 55% of our population. it is fundamentally unfair to force these people to pay for this. david: the bottom line is the reason you're in debt, as i mentioned the spending, but it's also the fact that with the high taxes and all of the regulations that the government's putting out there, you have so many businesses moving, you have a tax drain in the state that's as deep as the grand canyon. >> you're right. i mean, we have a progressive tax system. the rich people had a bad year so, therefore, our budget depends on the wealth of the wealthy in this state. it was a bad year. the economy. but guess what? social programs are still in play. more money for the homeless,
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david. the homeless budget is out of control. david: yeah. >> and what, we have more homeless people in california. david: exactly. >> it makes no sense. david: spending more money and getting less effect, that makes absolutely no sense. lee leo terrell, thank you for being here. still ahea former investment banker and the most common sense economist in all a of america, that's my opinion. carol roth joining us to talk about president biden's continuing green energy push at taxpayers' peril. related to that, first responders forced to smash a window in a tesla to rescue a trapped toddler after the car battery dies. we have the details on that. and all this as the biden administration continues to stand by a claim that it has approved more oil and gas drilling permits than the trump administration did, but the government's own stats show otherwise. that's next on "the evening edit." we'll be right back. ♪
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david: firefighters in arizona rush to save a toddler after she was reportedly trapped in a tesla that her family said malfunctioned. the battery that open the electric vehicle's door died without warning.
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listen to the grand mother, rene sanchez recall the situation. >> the phone app done work, my car key didn't work, he is my granddaughter, i just strapped her in a hot car, i am in arizona it was 9:30 in the morning it was over 90 degrees. how about you sell me a car that does what you say it will do. and that is really all i am asking is that i don't want this to happen to someone else. with -- you know it takes just minutes it could have been a different ending. david: we welcome former investment banker, carol roth. the biden administration says that electric vehicles will outpace gas cars by 2030, that is 6 years from now. doesn't look like they are ready for primetime yet. >> no. certainly it does not seem that there is the demand, or
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ready for primetime, the challenge that climate cult, they are trying to push this green agenda to en ma enable a realty ranges for -- realty cr transfer. still, central planning wants to overrule the free market. we know that never works. david: teslas are beautiful cars. i have friends who square by them, a lot of people in chicago who swear at them, they bought them, they don't operate well in the winter. >> we're not trying to pick on tesla, i think that the entire series of electronic vehicles has a lot to be desired, they are great for short ranges but not so great with extreme weather or an electrical shortage or
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in a lot of other scenarios for limited use cases it is fantastic. but you have to remember, not only are use cases more limited they are cars that are more expensive to insure, and to repair, and they to more damage to the road and parking garages, these things you put together says this is why we don't have the same level of demand as you might expect. david: they are just wishing, they -- turning wishes to policy that never turns out well carol roth. i am david asman in for elizabeth macdonald on "the evening edit," time for doing ep and sean on "the bottom line." dagen: thank you, david. dagen: i am dagen mcdowell. sean: i am accept sean
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