[laughing] ask your doctor about once-daily trelegy for copd because breathing should be beautiful, all day and night. ♪ ♪ pete: we need cocktails. will: yeah, we do. >> i know. pete: pitcher of margaritas, please. who's got it? rick: at least make us some drinks. >> absolutely. we got iced tea and cocktails -- rachel: rick is crabby today. [laughter] if. >> he's a troublemaker today. will: there's your lineup, all coming up, go to will cain show.com and figure out where to watch. til then, that's it for us today. rachel: bye, everybody. pete: we'll see you. ♪ neil: all right, fox on top of two storms barreling down as we speak as hurricane ernesto

targets bermuda and vice president kamala harris and former president trump target pennsylvania. we are tracking it all. and just as a inflation is starting to ease, an economic pitch that's making some companies uneasy. just two days out from the democratic national convention,, fallout from kamala harris' price control pitch. bar rescue's john taffer and andrew gruel are ready to dish. and tensions mounting in the middle east where ceasefire talks are set to pick up again next week, but they haven't been fruitful thus far as we watch and wait for iran's next move. exactly where's all of this heading? former israeli prime minister ehud barak and house republican committee member mike waltz. welcome, everybody, i'm neil cavuto. a lot of news and news makers for you, fair and balanced, as always. we've told you a little bit about that big storm barreling over bermuda right now, but first the political storm and the target for the day seems to

be in pennsylvania. that's where you'll find our alexis mcadams as donald trump gets ready to speak later today. alexis. >> reporter: hey, neil. you can check it out behind me here in pennsylvania as they get excited and ready for the former president to take the stage here in just a few hours. they're selling t-shirts, they have their flags, climb of that similar thing we see at all those trump rallies, and the crowd does continue to grow. the former president is going to to hammer kamala harris not just on inflation, but just overall her economic policy. watch. >> if she wins, your finances and your country will never recover. you're never going to recover. a radical left person wants to put price controls all a over the place which will end up driving up your prices, not down your prices. >> reporter: but kamala harris and her team, neil, say they're confident their plan's going to help everyday americans. >> when i am elected president, i will make it a top the priority to bring down costs and

increase economic security for all americans. if as president, i will take on the high costs that matter most to most americans. now compare what dom trump plans to do -- donald trump plans to do. he wants to impose what is, in effect, a national sales tax. [background sounds] on everyday products and basic necessities that we import from other countries. that will devastate americans. finish it will mean higher prices on just about every one of your daily needs. >> reporter: the former president's going to talk about that again today as well, neil. so former president trump is leading in the race if you look at the fox news national polls that just came out by one percentage point. he sits at 50 percent with the vice president, kamala harris, sitting at 49 percent. and these campaigns have very different strategies no heart e matter how you -- no matter how you look at the polling.

president trump takes questions and talks for an hour and he'll come back and do more interviews. vice president harris has not done a sit-down interview with any network. some though are pushing for the former president to be more disciplined. he has other plans. >> i think i'm entitled to personal attacks. i don't have a lot of respect for her. i don't have a lot of respect for her intelligence. and i think she'll be a terrible president. >> reporter: so according to this new york times/sienna college poll, vice president harris is closing the gap in key battleground states. where are those? arizona, north carolina, nevada and georgia according to that poll. and harris is leading trump in arizona according to this, 50% to 45%. back out here live in wilkes barre, pennsylvania, we know kamala harris is going to also be in the state of pennsylvania tomorrow with her vp pick, tim walz. they're going to be on a bus tour, so we'll have to see how

that a looks, and then she's also going to have a rally in milwaukee as they kick off the dnc, neil. neil: great job, as always a, alexis mcadams in pennsylvania. by the way, we always do this with all the candidates when they have to clarify something, but when kamala harris was referring to the national sales tax donald trump was proposing, we can best assume she was talking about his plan to put tariffs on a variety of goods coming from china. she argues it would have the peck of a tax on american consumers. they can always opt not to buy those goods, but just to clarify that, that donald trump is not proposing a national sales tax. he is proposing tariffs on chinese goods coming into this country, and there are a lot of them. mike tobin following the harris campaign very, very closely as she gets ready for the democratic convention, but she has a couple of key stops first. mike is in chicago. hey, or mike. >> reporter: here we are. the train is on the track, the city with the big holder -- shoulders is set to host the big

convention, and harris laid out the economic agenda she intends to sell her. -- here. she used the entitle opportunity economy stressing that a middle class colossally should be enough for a good concern salary should be enough for a good life. she wants to place limits on prescription drug expens and create a federal ban on price gouging with groceries. >> my plan will include new penalties for opportunistic companies that exploit crises and break the rules, and we will support smaller food businesses that are trying to play by the rules and get ahead. >> reporter: now, no one has forgotten the riots at the democratic convention? 1968, and everyone is aware how tense the nation is now given current events. so uneasy business owners have spent the last two days boarding up. they've not been getting enough communication from the city, so

they're boarding up top safe. tens of thousands of protesters are expected in chicago, the largest is the coalition to march on the dnc, a pro-palestinian group that keeps getting victories from the city. they got permission to march within sight and sound of the commission, yesterday they got permission to set up a stage in union park where their rally will start and finish. as far as the harris economic agenda, the critics are already weighing in. the editorial board at "the washington post" said it is filled with pop list game ecs, her economic plan. donald trump weighed in saying the price control measures are soviet-style. neil in. neil: mike tobin, thank you very much. and mike touchedden this can -- touch toed on this, the criticism of the harris package, particularly trying to freeze package prices. that has been tried before by richard nixon back in the early 1970s. it didn't really work, and the reason is when you start wanting to freeze prices, you have to start freezing them all the way

down the so-called food chain. john taffe ther of bar rescue summed it up best when i had him on fox business yesterday. one of those occasions where i never interrupted him because he explained it beautifully, the risk and the danger of starting something like this. john taffe ther, take a look. >> taking a shrimp. the ship -- the fisherman needs to keep his costs the same. his gas costs go up, maintenance goes up. then the processing plant, they're prices can't go up. the distributer's price can't go up. then the company that retails it can't go up. then when a restaurant gets it, his prices can't go up. if anything loses control along the way, the guy offense the back end of the chain lose money. and this is what we saw last time. we saw landlords not rent apartments because they would lose money. so unless you freeze every single cost of every business in the country, you cannot cap some of them. and, of course, neil, if you were to do that, then our free market economy is gone.

and that is social itch. socialism e. and entrepreneurship disappears. my ability to innovate and create profits and add a value to my customers so i can increase price, make my service better so i can increase prices, create better work environments so i can attract the better employees, i can't do any of those things anymore once this is put into place. it freezes us where we are, and i believe it stops any type of growth that we could ever have. you know, neil, i take a lock at the last year, red lobster filed bankruptcy. rubio's in california filed bankruptcy. a company called miracle restaurant group with 25 the arkansas by's, fast food, they filed bankruptcy. another company with 17 popeye's filed bankruptcy. tijuana flats filed bankruptcy. quiz knows is down to 3000 restaurants. -- 300. these are the economic conditions we're living in right now, and rather than capping it,

how about stimulating it? how about creating an environment where entrepreneurs can be entrepreneurs, where innovate we've marketing programs and proemotional programs and product development take place that'll pull us out of where we are? the policies proposed are the exact opposite of that, neil, and if i can just add one more point, even walgreens has projected closing 2700 stores, neil, in the next couple years. what happens to those local communities when they lose drugstores, when they lose restaurants, when they lose those jobs? this is far reaching. it isn't about the businesses, to me, it's about the families. it's about the people that are impacted by the loss of jobs and the loss of growth. it's a scary premise, neil. neil: and jon taffer also told me that was a scary premise when richard nixon try it, a republican president, because it's the kind of thing that a if you are going to implement it, you've got to implement it across the board from the earliest part of the transalaska process to when the goods are 23eurs made to all the way up

the producer price chain, into the retail price chain. did not work, in fact, it tends to make inflation even worse as a argentina found out exercising something similar. of course, it exploded on argentina. then there is the issue of the united states government being the one to freeze prices, the same united states government that adds to its debt to the tune of a trillion to $22 trillion each -- $22 trillion each year every year -- 2y theg a handle on this? let's ask kenny carry. i liken it to me being in charge of the nation's fitness program, probably not a good idea. so the government is going to be in charge of policing runaway prices. not a good idea. what do you make of this? >> no, it's not a good idea. and like jon just said, unless you freeze prices at every stage of the process, it's never going to work because you can't freeze prices just at, you know, at the

grocer level and let all the other prices out of control because it'll lead to a disaster. in fact, many of us do remember what happened during the nixon price wage control, right? when he did that and what a disaster it turned out to be. i actually am surprised. i can't even believe that anybody in today's day and age on her economic team thinks that this is a good idea. it makes no sense. and even, even moderate democrats don't think it makes any sense at all, so i don't see how this is going to gain any strength at all in the process, and and if it does and they sweep, then we're in big trouble. neil: well, without even politicizing it, when you have "the new york times" and the washington post saying it's congresswomen mickey and it doesn't add a up, and jason furman, the economic svengali behind barack obama also ooh poos it -- poo poos it, even among a crowd that you would think would endorse it. a lot of open issues here, but it is politically appealing to a

lot of average folks who hear the kind of stuff that she's outlining. they like it. so it might be resonating in a different way. >> well, they like it because it sounds good to them -- them, you know? whether it's trying to freeze the price of steak or chicken which i don't really see how she's going to do that, i just don't see how she's going to do that, but when you also start talking about giving $25,000 to new home buyers which is only going to raise the price of a house, by the way, it sounds good to seize -- these people. once you do the analysis, you recognize that it's a disaster of a plan. neil: and no, there's no detail as to who pays for this, if it's just added to the debt like some of these loan forgiveness -- >> we pay for it, right? neil: everybody -- that's exactly right, everybody pays for it. >> correct. neil: if she were elected president and were able to implement this, the markets, of course, have been on a wild ride. they've really stabilized this past week, all the averages

putting in one of their best weeks of the year. are we out of this right now, and would something like that be a speed bump? >> well, something like that would be a speed bump but, look, haas a long way to go. that's not happening on day one even if she gets elected because, again, if it's not a sweep and there's a split congress, then it never gets done anyway, right? they can talk about it all they want, it'll never get done. in terms of the market, i think the market's done with this rally that it's had over the past week and a half. i think the market is in, we're in a seasonally weak time of year, so i think we're going to churn up and down but trend lower until we get through probably october which is the bottom of the seasonally weak time, and then the market, i think, will be fine. i think the market -- all the market. wants is clarity. when there's less clarity or complete confusion, that's when the market gets more volatile and tends to trade lower and stay lower, but once there's clarity, it understands what the rules are then, and then the market can function properly.

i suspect we'll trend a little bit lower over the next town thing finish couple of weeks and months but then start to rally back again. the u.s. economy is strong and inflation is coming down. not to where they want it, but it's getting closer to, certainly, where it was. neil: got it. kenny, great catching up with you. kenny polcari. this whole issue got us going and we were discussing, my staff and i of my various shows, one of the things we discovered is some companies have very big profit margins. do you know how much apple routinely makes on everything it sells? about 35. your average neighborhood grocery store, do you know what its profit margin is? about 1.5-2. that's not exactly gouging, but it does raise an issue which chef and restauranteur andrew gruhl, who's going to go over it line by line, food for thought, this might not show any thought. after this.

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neil: all right, you have probably heard by now that hurricane ernesto has met bermuda, a tiny, little island out there in the middle of the atlantic, not too far off north and south carolina, but it has gotten walloped early on, we just don't know how badly. 26,000 are currently without power there. rick reichmuth was sort of taking a look at this earlier, kind of gave us an idea just, you know, where bermuda is and where this thing is, and it's just a bad location and a bad time, isn't it? if. rick: it's like the ultimate needle in a hay haystack, bermuda. it's such a tiny, little island, but occasionally it takes a direct hit, and it u just did. when it came onshore, around 4:30 this morning. now the radar picture coming to us out of hamilton, bermuda, and getting more rain from the south side of this. here's how big this is, it's a very narrow eyen land.

at its widest -- island. at its weedsest, about a mile and a water wide. it's a tinr wide. it's a tiny, little island out there. this now the 12th direct landfall we've ever had hitting bermuda, only 11 up until this morning. storm will continue to pull up towards the north and east, not impacting directly the u.s. i'll shoal you some impacts in just a second. we've been talking about this active hurricane season, hasn't seemed that active just yet. on a normal season, we have 84% of hurricane activity ahead of us, and for about the next week or so we still have some saharan dust that is going to limit activity out across the the atlantic. after that i think we're going to start to see things become a bit more active. we do have impacts though because of ernesto, and that is rip currents all a up and down the eastern sea body. really dangerous conditions -- seaboard. you need to not get into the water: i know it's a late summer weekend, people want to be out ott -- at the beaches. don't go into the water if the

beach has that double line red flag. only swim where you've got a lifeguard and if it is safe to do so. aside from that, stay out of the water. i will tell you these swells causing a lot of beach erosion, those rip currents, eventually we're going to have this front move through and we're going to see quite a bit of rain. and for tomorrow into monday, see this little bull's eye here? that's a big population zone in the northeast looking at a flooding net from this rain that's coming, 2-3 inches, maybe some isolated spots more than that. neil, back to you. neil: well done, my friend. thank you very much, rick reichmuth. again, as this progresses, we'll keep you posted on that, a category one storm over bermuda itself right now. 6 the ,000 without power. in the meantime, if yo heard the busy campaign plans of one donald j. trump, certainly pennsylvania tonight, but there is this september 1818th sentencing -- 18th sentencing where he could be look at jail on september 818th. now, he's trying to they that, but that might be easier said

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neil: all right, mark september 18th on your calendar. certainly, donald trump and the people around him have is as has juan merchan in that hush money case. the sentencing is set for that date, is so there is the distinct possibility donald trump could be serving time in jail. we don't know how much time if it comes to pass at all. if it would come before the election, he wants to put this off until at least after the election. sol wisenberg, former deputy ine dependent counsel. sol, what are the odds of donald trump being sentenced to prison?

>> well, i don't -- i can't give you the exact odds. with this particular judge, neil, it's certainly possible. and it's outrageous that he did not continue the sentencing date given the issues involved with immunity. but i can tell you this, if he does sentence former president trump to time, if the judge follows the law, trump will be out on bond pending appeal because there are very important immunity-related issue is that have to be litigated post of trial. neil: now, the judge says he's not influenced by political considerses, so having said that -- considerations, i don't know which way it cuts if he sends, you know, the former president to jail. and as you said, you raised this issue with bond and making it go away on the former president's part. but it would actually potentially help donald trump and garner she and attention to him. so it -- sympathy and attention to him. so it kind of seems to cut both

ways, doesn't it. >> i absolutely believe you're right. we have seen what the effect was of the four indictments. it had, actually, as you know, an energizing effect on the former president in terms of campaign contributions and poll rankings. and so i think that would be a terrible reaction to this. and i think it's probably more likely that he will allow him, judge merchan will allow former president trump to be out on bail. it would be an incredibly lawless decision for him to order, you know, to both impose if a prison sentence and order him to go to jail. it would certainly, even in new york state, be overruled pretty quickly. again, you know, alvin bragg did not need to have this problem. he did not have to put presidential -- former presidential advisers on the stand. but that created an immunity issue, an an issue of presidential immunity that can't be ignored in light of the

supreme court decision. and i'll tell you something else, trump's lawyers asked to litigate these immunity issues pretrial because they knew they were going to be an issue. and at bragg's urging, judge merchan refused toot that. so this is all of his own making. and finally i want to point out, there is absolutely no law enforcement reason, law enforcement reason for trump to be sentenced on september 16th. it's obviously a political decision and ab a attempt to influence -- the an attempt to influence the presidential campaign. these are important immunity-related issues that need to be litigated post-trial here because they weren't done pretrial. neil: so what is a middle ground on this? if bail is accepted and you push this off, would the judge be indicating what the sentencing would be on septemberis 18th even though it might not come into effect until after the election, and then the all bets are off after the election

assuming in this case donald trump is elected president again? if then, of course, it potentially goes away, but i don't know about that. would the judge then likely give a sentence, his idea of a sentence, say not impose, until after the election? >> well, here's the -- first of all if, we know what he's going to rule, we think we know what he's going to rule on the immunity issue because he told everybody i'm going to rule on immunity two days before the sentencing. so if he was going to toss the case or send it back at least for retrial based on the presidential immunity argument, i don't think he would have done that. so there is -- i think he's going to reject the immunity arguments, i think he's going to impose sentence opinion on the 18th, you said, and i think because they want it to be something that can be talked about during the campaign and during the early voting period. you're right, i believe if a sentence -- there's no way if

trump is elected and serving as president that he's going to be doing any time while he is president. i can assure you of that. neil: well, that was my next idiotic question, and you're very patient with all of them. but if he is sentenced and he does win back the presidency, he could make this go away, right? or can he make it go away only when he is inaugurated as a president, not merely because he was elected president? >> well, it's not so much that -- first of all, it's a state issue. he can't, he can't pardon himself for a state crime. we don't even know if he can pardon himself for a federal crime. if there is a sentence that is yet to be imposed when he becomes president, in that event it's not so much that he can -- that trump can make it go away, it's the operation of federal constitutional a law that will make it go away.

i can't believe there's any federal court in the country particularly given the supreme court's opinions in this area of executive power. again, they are not if going to impose a prison sentence on a sitting president even for something that was done before he was president. that would have to wait until his term was over. but the whole thing is that, or you know, we're -- we can't get lost in the, what is it, lost in the forest because we're looking at the frees, because this was clearly -- the trees because this was clearly, new york state prosecution was clearly a political prosecution from the if get go. neil: so very quickly then, flint around, donald trump loses the election, the protections or the sort of shield that he sought and his lawyers sought, that goes away as a well, right? >> because of alvin bragg not necessarily entirely in this case because he put those presidential advisers on the

stand -- neil: yes, he did. >> -- in that state trial. and they testified about conversations they had with trump. and under the supreme court's opinion, those are spectrum iftively privileged -- presumptively privileged conversations. so the question would be did this affect, how much did this affect the verdict in the new york case. and the prosecutors talked about those presidential advisers in the closing argument, and they said it was devastating. so stay tuned. neil: all right. got it. sol, thank you so much. always good catching up with you. sol wisenberg, former deputy independent counsel. we will be watching that closely. mt. teen -- in the meantime, we're still watching the middle east. a lot of people hope if they get a ceasefire deal -- remember, hamas is not directly in the talks because they don't flip over the talks. but just assuming they do get such a ceasefire, will that keep iran at a bay? don't count on it. after this.

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>> our focus is on insuring that we can defend israel if it is attacked and ensure that our forces have the firepower they need to protect themselves. neil: it seems very apparent from just looking at the naval presence we have, general, in that a neck of the woods that it's substantially bigger than it was the last time iran attacked israel. it seems like you were taking it as a given that iran will act at

a similar heft. >> well, look, you know, i'm not going to, again, speculate on what they may do. we know what they're said publicly, and we know that they've indicated that they will retaliate. neil: all right. that was pentagon spokesman general pat ryder on the likelihood that iran will attack, but it is surprising a lot of folks that as of this date, it has not attack thed. some are clinging to the possibility that if hamas and israel can agree on a ceasefire plan, that maybe this is not such a threat. lucas tomlinson following it all a from the white house. >> reporter: that's right, neil. here at the white house president biden sounded hopeful and even optimist inabout these ceasefire talks. he spoke here at the white house yesterday. >> we are closer than we've ever been. i don't want to jinx anything. we may have something, but we're not there yet. much, much closer than it was three days ago. so keep your fingers crossed. >> reporter: the buildup of

american forces in the middle east continues. the lincoln strike group sailed through the strait of malacca recently making best speed to take station in the middle east in less than a week to add a second carrier strike group to the region, the tr has been deployed for the past seven months, the big stick also arrived from the pacific leaving a area -- a carrier gap there. there are now three guided destroyers in the med to provide support to israel if they are attacked by iran or hezbollah to the north. the concern there was -- as we heard last weekend, neil, is the short distance and reaction time needed to shoot down incoming guided missiles from lebanon would be very small. for now, the pentagon refuses to say -- we just heard from general ryder -- if it is willing to strike iran should they launch an attack. >> just to be clear, the message to iran right now is if you launch another major attack, the u.s. and its allies will shoot

down these missiles and drones, that's the message. >> i don't think we've actually been delicate in our messaging to iran of we've been very clear that a if israel's attacked, we will come to the defense of israel. >> reporter: and, neil, the pentagon did a similar buildup this spring. it did not stop iran from launching that major attack on israel. some officials at the pentagon yesterday says part of the thinking is iran just wants to wait the u.s. out and see how long it's willing to keep the assets in the region. of course, we'll follow up on that next week at the pentagon, neil. neil: lucas, is kamala harris herself involved in these discussions or briefed when the president has them on these ongoing ceasefire talks, other related developments? how is that being worked out? >> reporter: well, neil or there's no question she's being kept in the loop. she's on the campaign trail. of course, president biden is out at camp david and has a whole range of communication suites he could fight a war from camp david.

but we are told that kamala harris is being kept in the loop and is so those talks and communications will continue. she has a secure line, the president has a secure line, there's no question she'll be briefed and read in. neil? neil: thank you, my friend. lucas tomlinson, the aforementioned next guest is congressman michael waltz of florida, normer green beret. -- former green beret. congressman, what do you think of what's going on and whether -- i don't want to get aode-do -- ahead of myself if here, this delay or holdoff on the part of iran in the response to these attacks on top hamas and hezbollah big wigs is clinging to maybe a ceasefire agreement between hamas and israel? in other words, could that, if it were secured, delay or maybe make not happen any response by iran? >> neil, i have a different theory on iran's delay here, and i think it has everything to do

with israel and bibi netanyahu. i think it's the bibi that is deterring iran right now because just a few weeks ago they had a house in the middle of tehran under the protective umbrella of the irgc during a presidential inauguration go boom and take out hamas' political leader. and that sent a very strong message to the ayatollahs that if we can get him despite all of that security, we can get any one of you. if you take this too far. and then what happened last time iran launched hundreds of drones and missiles at is reel, israel -- at is reel, israel was asked and pressured to restrain itself by this administration. but they sent a missile in and took out a site right on the cusp of iran's most secure nuclear facility at natanz. so i think it's actually been this -- but bi's strong action that has -- bibi's strong action

that has made iran think twice. but what is so frustrating to me and so many of us, and i know with president trump and the trump administration if you take a step back just four years ago, isis largely defeated, iran broke, their currency and economy in shambles. in fact, neil, we have reporting back then that hezbollah, hamas and the houthis were complaining they weren't getting any money from iran. and you have, of course, had the abraham accords. and look where we are today. and what lucas tomlinson was referring to is china is the ultimate big winner here. they're getting massive amounts of oil and gas on the cheap from iran, and in return iran has the entire middle east in flames and once again our military is sucked in a huge way to another middle east conflict to where we're pulling missiles, aircraft carriers, fighters all out of the pacific where they should be

deterring china and sucked into this conflict in the middle east that has no end until this add administration shifts its iran policy. as a long as iran is flush with cash, you will not have peace in the middle east, you will not have stability. and xi jinping is smiling all the way to the bank. neil: you know, maybe iran isn't flush with as much cash though, congressman. i mean, oil prices, ironically -- actually dating back to the october 7th hamas if attack on israel, are down substantially. you would think the skittishness that that boosted u.s. naval presence all a around the middle east would make oil prices shooting up. heir not. often times they miss the boat completely, but what does that tell you? because that's the currency of so much of what iran does, not to mention vladimir putin. indirectly, china itself, that is not working out the way they had hoped.

>> but, neil, iran is selling its oil and gas on the black market. of there's a whole black market economy not just for iran's oil and gas, but also a for russia's as it -- neil: and that's what you're saying is thriving regardless, right? >> that's right. they're still making great margins. it's fueling their economy, it's fueling terrorism, it's fueling putin's economy. another huge point of frustration, we passed secondary sanctions on chinese buyers of all of this illegal oil, and schumer won't take it up. neil: got it. congressman, always good seeing you. thank you as a well for your incredible service to this country. we are watching the middle east right now, and again, as i said, oil prices really not budgeting. foreign markets even in that region aren't budging. so they're very, very coy about this, the markets at least. they don't think something's going to erupt. they can be wrong. let's hope this time they might be right. more after this. fers. jen x. jen y. and jen z.

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neil: we have already discovered that there was a lot more to matthew perry's death from an overdose than we first learned. what we've been learn since with matt finn in los angeles. matt. >> reporter: when the tragic news broke last year that matthew perry died here in southern california with ketamine in his system, all types of questions arose. and now law enforcement says perry's death can be blamed on a diabolical, criminal ring including two doctors who exploited perry, selling ketamine to the actor for outrageous prices. and it ended up killing him. >> matthew perry sought treatment for depression and anxiety and went to to a local clinic where he became addicted to intravenous ketamine. when clinic doctors refused to increase his dosage, he turned to unscrupulous doctors who saw perry as a way to make quick

money. >> reporter: law enforcement says perry bought $55,000 worth of ketamine from the drug ring in just two months. the street leaguer -- dealers were charging perry $22,000 for a vial that cost $12 is. five suspects facing up to 120 toyears in prison if convicted. now, two of the defendants are doctors. one of them appeared in court thursday and pleaded not guilty. another san diego physician, dro plead guilty. >> the defendant saw this as an opportunity to profit off of mr. he wrote in a text message in september 2023, quote, i wonder how much this moron pay. >> reporter: the drug ring also included the so-called ketamine queen who pleaded not guilty. she's accused of previously selling ketamine to someone else who died from taking it. authorities say perry's live-in assistant injected the actor with ketamine several times on

the day he died last october. that assistant the has pled guilty. and, neil, matthew perry was just 54 years old when he passed away last oblght here in southern california. in los angeles, matt finn, fox news. neil: thank you for all of that, matt. keep us posted. in the meantime, we're keeping an eye on ernesto over bermuda. not expected to hit the continental united states, but already hitting beaches along the east coast of the united states. after this. known for creating memories. known for strong family ties. no one wants to be known for cancer, but a treatment can be. keytruda is known to treat cancer. fda-approved for 17 types of cancer, including certain early-stage and advanced cancers. one of those cancers is a kind of bladder and urinary tract cancer called advanced urothelial cancer. keytruda may be used with the medicine enfortumab vedotin

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neil: all right, back to school shop ising, you know, in a lot of the country the kids are already back in school, but parents are stressed out about

school supplies because the prices have gone up. many go into debt to make it happen. hitha herzog with us now. that's a staggering number when you hear 40% go into debt to buy this stuff, but they have to get this stuff. what do they do? >> it is a staggering number, neil. and when you think about how much actual debt the american consumer is carrying, which is around $17.3 trillion as of august 2024, it makes sense. and so we definitely i saw the american consumer put more on their credit card over the last couple years. but where this gets to be problematic is that those interest rates continue to rise, and the american consumer can't pay off their credit cards in full. so it becomes this endless cycle of just trying to keep up. neil: so what's the accurate picture? we got one thing on consumer sentiment that was released in the middle of the day yesterday that showed people are feeling a little better about themselves and where they're going.

home depot and some of the others, walmart if most notably saying the guidance looks good, the consumer's cautious but not completely tapped out. they might be just sort of playing their book, but what do you make of it? >> i think it comes down to credit, neil. again, the american consumer is carrying around $100,000 on average of consumer debt on their credit cards. so when you can carry that debt and when you have access to credit that readily and quickly, of course you're going to feel better. and i have to add, you know, my friend heather always says the hidden expense i've childhood isn't all the schooling and the supplies, it's actually fruit, neil. fruit costs a ton of money, and so when you're sitting there having to not only pay for school supplies, but also the price of raspberries are increasing. obvious you're going to have to the start going to places like walmart, and you spend more money on everyday items like groceries, like fruit.

neil: how did you do it with your own kids? i mean, do you pick and choose, all right, this one, it really studies a lot,, the is a good student. the other guy, forget about it. not that i'm talking about my if own kids, mind you, but i would weigh that when i would get school supplies. i don't know if i'm going to get a return on my investment here. do parents do that? that's a little tacky. >> i think there's a movement called gentle parenting, so if i were to pick my favorite, the one that's doing better and just put all of my resources into that, i might be getting called out not only on social media, but maybe my friend group too. it is definitely a burden on everyone's pocketbook. everything is more expensive. i think on average parents are spending around $4-500 on school supplies and, neil, i have twin daughters that are starting first grade in a matter of a month. neil: oh, my goodness. >> so that's $1,000 i'm going to be spending right there.

neil: real quickly, you know, the other belief here is that the teachers pile this on. they recommend more stuff than the kids actually need. ing what do you think? >> you know, teachers definitely feel the burden, and i have to tell you, you know with, they -- parents here especially with school supplies, i think it is really up to really the school districts to really step up as a well, you know? if i see so much money being wasted on other things, so i think it's really up to the school districts. and also parents. neil: well put. all right, you're a great parent at that. that herzog, retail batcher, on all of that stuff -- watcher. kamala harris could come to your rescue, maybe pushing freezing prices on the notebooks, everything else. it sounds good on paper, but history shows it doesn't work well in reality. after this. ur credit card rates lately? many are over 22%, near 30% if you pay late.

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