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Apr 29, 2024
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edward lawrence best of the best. coming up here on "kudlow," former speaker newt gingrich how ronald reagan handled the college antisemitism crisis. it is in my book. stick around the lots more to do with kudlow. ♪. in any business, you ride the line between numbers and people. what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors. we'll get you there. did i read this? did i get eggs? where are my keys? memory and thinking issues keep piling up? it may be due to a buildup of amyloid plaques in the brain. visit morethannormalaging.com with gold and copper prices pushing towards all-time highs, u.s. gold corp is advancing its environmentally friendly gold and copper mining project and creating american jobs in mining friendly wyoming. with a proven management team and board, a tight share structure, and a solid cash balance, u.s. gold's portfolio of world-class assets
edward lawrence best of the best. coming up here on "kudlow," former speaker newt gingrich how ronald reagan handled the college antisemitism crisis. it is in my book. stick around the lots more to do with kudlow. ♪. in any business, you ride the line between numbers and people. what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors....
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Apr 30, 2024
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edward lawrence how about the salt tack deduction -- tax deduction, trump tax cuts limitedde to $10,000, state and local tax deduction which had a major progressive effect, it fell on rich people. the trump tax cuts actually had a whole thing, they are still squealing, new york, new jersey, connecticut, california, they are still squealing about this salt limit salt deducttion of 10 grand is that in or out of joe biden's tac tax package. reporter: there is a lot of pressure on this administration to do something about that salt tax, you are talking those states, new york, california, chicago or illinois, with higher costs, and the costs are in the homes, and you know you can't live in the states for unders there are a million or more. larry: wait, hold on. those tax deductions fell on wait for it, rich people. oh, my god. just goes to show, you need a score card to figure it out, scott hodge, what is the name of your book. >> tac tax oc rase. >> thank you very much. >> coming on kudlow, former speaker newt gingrich reminding us how ronald reagan handled college anti-semitism crisis, in
edward lawrence how about the salt tack deduction -- tax deduction, trump tax cuts limitedde to $10,000, state and local tax deduction which had a major progressive effect, it fell on rich people. the trump tax cuts actually had a whole thing, they are still squealing, new york, new jersey, connecticut, california, they are still squealing about this salt limit salt deducttion of 10 grand is that in or out of joe biden's tac tax package. reporter: there is a lot of pressure on this...
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Apr 11, 2024
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we'll see if we can get edward lawrence, it not i'll do the thing. hold on. turns out now. all right mr. cruz. we're up 19%. up 19% for the three years and a quarter under joe biden. and something like 6 1/2% at annual rate, that is highest inflation rate since 1983. that means, 41 years ago. and real wages and real earnings are falling again according to newest calculations. so, did we get senator cruz? almost locked in, his comment on that. because, he is a smart fellow, he went to princeton and harvard law school, me must have learned economics, where are you mr. cruz? there you are, i want to see him, is he good, there senatorred to cruz. ted cruz. >> larry how are you. larry: in all seriousness, i found my cpi sheet. this is the third month in a row as you problem know -- probably know where inflation of hotter than wall street expected, numbers have jumped 4. 5% annual rate for last 3 months, and the other number, since january of 2021, during the biden tenure, the consumer price index level is up 19.4%. that is a very big number. and if i annualize this over 38 month
we'll see if we can get edward lawrence, it not i'll do the thing. hold on. turns out now. all right mr. cruz. we're up 19%. up 19% for the three years and a quarter under joe biden. and something like 6 1/2% at annual rate, that is highest inflation rate since 1983. that means, 41 years ago. and real wages and real earnings are falling again according to newest calculations. so, did we get senator cruz? almost locked in, his comment on that. because, he is a smart fellow, he went to princeton...
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Apr 10, 2024
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larry: edward lawrence thank you very much. let's bring in our market expert gerri willis on today's selloff. gerri stocks down, bond rates up. >> reporter: that's right. ugly picture today. stocks selling off, bond yields soaring on inflation news. you just heard described all three major averages falling about 1%. we saw the dow down 422 points, the s&p up by 49, the nasdaq falling 136. ouch that's all about 1%. real estate stocks taking the worst hit down 4% but other rate sensitive sectors, they were getting hammered too like utilities and financials. it looked like some folks late this afternoon were already buying on the dip after the stocks fell so hard earlier in the day. nvidia shares moving higher at the end of the trading day. markets now pricing in just a 19% chance of a rate cut in june compared to 57% before the cpi report was issued. outlook is cloudy. traders saying every day we get closer to november the more the fed will be forced to sit on their hands. of course even if stocks tank today, bond yields pricing.
larry: edward lawrence thank you very much. let's bring in our market expert gerri willis on today's selloff. gerri stocks down, bond rates up. >> reporter: that's right. ugly picture today. stocks selling off, bond yields soaring on inflation news. you just heard described all three major averages falling about 1%. we saw the dow down 422 points, the s&p up by 49, the nasdaq falling 136. ouch that's all about 1%. real estate stocks taking the worst hit down 4% but other rate...
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Apr 12, 2024
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those are numbers and luckily fox business has the numbers and edward lawrence was able to challenge the white house on the mislabeled facts yesterday. >> it's raining when it's sunny and you're wearing black when you're wearing white. they say what they want to say with no conscience whatsoever. politico is reported that former biotin white house chief of staff wrong clean is blasting this president for focusing too much on bridges and not enough on exit milk. jacqui heinrich took that on with karine jean-pierre asking why the president is not addressing inflation as much as he should. watch. >> why are we hearing more from the white house about the issues that people are facing our grocery stores and paying rent. >> at the state of the union president made very clear what he understands that americans are facing. he's talked almost every event that is had crisscrossing the country after the state of the union about lowering cost. >> what do you say. >> is unbelievable. if you were cooking a stew of inflation you would limit oil production and give entit entitlements. we think the s
those are numbers and luckily fox business has the numbers and edward lawrence was able to challenge the white house on the mislabeled facts yesterday. >> it's raining when it's sunny and you're wearing black when you're wearing white. they say what they want to say with no conscience whatsoever. politico is reported that former biotin white house chief of staff wrong clean is blasting this president for focusing too much on bridges and not enough on exit milk. jacqui heinrich took that...
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edward lawrence thank you. larry: come home to trump, the theme of president trump's smashing fundraiser pulling in over 50 million clams, a one-evening record. threpublican don a donor class coming home to mr. president trump, mr. trump winning all of the polls and showing enthusiasm and momentum is on his side. the list of contributors and wall streeters of john paulson's home, reads like a who's who of g.o.p. megadonors. to name a few. many of these folks were for desantis or haley during the primary season or other candidates, they are now unifying around mr. trump to defeat joe biden's won' woke open border and big government socialism, mr. trump spoke to them about economic growth with drill, baby, drill tax cuts and deregulation, and described coalition. and he emphasises that wages under his second term, will grow faster than prices, ending joe biden's affordability crisis. and reminding how well typical fall loo families did in his first term, he mentioned trade reciprocity and stopping the biden illeg
edward lawrence thank you. larry: come home to trump, the theme of president trump's smashing fundraiser pulling in over 50 million clams, a one-evening record. threpublican don a donor class coming home to mr. president trump, mr. trump winning all of the polls and showing enthusiasm and momentum is on his side. the list of contributors and wall streeters of john paulson's home, reads like a who's who of g.o.p. megadonors. to name a few. many of these folks were for desantis or haley during...
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Apr 17, 2024
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larry: all right edward lawrence thank you very much we appreciate if. couple comments, every time joe biden says something about tax policy, i have to go back and write another riff to rebut t to -- rebut his falsehoods, i'm tired of this game. untruth after untruth, it is class warfare, millionaires are bad, billionaires are worse, and if machine makes a million bucks some middle or lower income family loses a million bucks, that is not how our capitalist economy works it not a zero-sum game, add congressman jack kemp said years ago. if you encourage work and investment, with lower tax rates you will get more work and investment. as art laffer said thousands of times tax something less, you gets more of it. tax something more, you get less of it. economic returns after tax and after inflation, matter for individual or, economic decisions biden's latest so-called tax fact sheet is wrong, factually, it is okay to have your own opinion. about how the world works. but it is not okay to make up your own factoids this whole biden diatribe against donald trum
larry: all right edward lawrence thank you very much we appreciate if. couple comments, every time joe biden says something about tax policy, i have to go back and write another riff to rebut t to -- rebut his falsehoods, i'm tired of this game. untruth after untruth, it is class warfare, millionaires are bad, billionaires are worse, and if machine makes a million bucks some middle or lower income family loses a million bucks, that is not how our capitalist economy works it not a zero-sum game,...
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Apr 19, 2024
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edward lawrence, what is the white house saying about their economic policies? >> reporter: the and all the spending is working, the president finishing that three city sweep of pennsylvania. the images could not be more of them, president biden going for a wawa meandering looking for someone to talk with. donald trump left court and went to a bodega in new york city, there were people outside waiting for the former president. new polling shows georgia, michigan, pennsylvania, and wisconsin president biden is trailing donald trump on the economy by double digits, the current president holds a smaller edge with election integrity and healthcare. here's the pull from georgia, donald trump up 22 points on the economy, president biden is up two points. >> bidenomics is not working and the imf knows in and tells us about it. record deficits caused by record spending, bad tax policy, raising taxes, bad regulatory policy and bad energy policy and you wonder why we have record inflation and why eggs and milk and everything else cost more than it did under donald trump.
edward lawrence, what is the white house saying about their economic policies? >> reporter: the and all the spending is working, the president finishing that three city sweep of pennsylvania. the images could not be more of them, president biden going for a wawa meandering looking for someone to talk with. donald trump left court and went to a bodega in new york city, there were people outside waiting for the former president. new polling shows georgia, michigan, pennsylvania, and...
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Apr 30, 2024
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edward lawrence on that. kevin brady with us at the house ways and means former chairman of that august committee. they would not have happened this gentleman, always modestly, excuse when i say that but it is true. neil: the tax cuts expire next year. what happens? >> it's a big moment for the united states, $4 trillion with families, workers, main street businesses will play a role whether america can compete with other foreign competitors. there's a lot at stake next year. neil: when you first instituted that, everyone got those but the fact is because the rich had more they get more. how did you deal with that? >> that is the narrative, what you do you are used to that and most of the good news has been fact checked, the president's claims are in a new category called zombie claims about the tax cuts and jobs act about senator phil graham noted this in the wall street journal the other day for the last 50 years, no spending program and no tax policy has driven higher median household income faster, or low
edward lawrence on that. kevin brady with us at the house ways and means former chairman of that august committee. they would not have happened this gentleman, always modestly, excuse when i say that but it is true. neil: the tax cuts expire next year. what happens? >> it's a big moment for the united states, $4 trillion with families, workers, main street businesses will play a role whether america can compete with other foreign competitors. there's a lot at stake next year. neil: when...
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Apr 17, 2024
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edward lawrence breaks down the numbers next. ♪ tamra, izzy, and emma... they respond to emails with phone calls... and they don't 'circle back', they're already there. they wear business sneakers and pad their keyboards with something that makes their clickety-clacking... clickety-clackier. but no one loves logistics as much as they do. you need tamra, izzy, and emma. they need a retirement plan. work with principal so we can help you with a retirement and benefits plan that's right for your team. let our expertise round out yours. power outages can be unpredictable, inconvenient, and disruptive to your life, posing a real threat to your family's comfort and safety. when the power goes out, you have no lights, no refrigeration, no heating or air conditioning. the winds are not letting up at all here, and we're going to see some power outages. the number one thing to prepare for is extended power outages. are you prepared? you can be with a generac home standby generator. when a power outage occurs, your generac home standby generator automatically powers
edward lawrence breaks down the numbers next. ♪ tamra, izzy, and emma... they respond to emails with phone calls... and they don't 'circle back', they're already there. they wear business sneakers and pad their keyboards with something that makes their clickety-clacking... clickety-clackier. but no one loves logistics as much as they do. you need tamra, izzy, and emma. they need a retirement plan. work with principal so we can help you with a retirement and benefits plan that's right for your...
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edward lawrence is live in madison, wisconsin, to help us work through the announcement. edward. reporter: yeah, david, the president was here and announced proposing to shoulder hundreds of millions of more tax dollars on expanded student loan forgiveness programs and the new rules on existing programs was done at madison area technical college today. will automatically add people that have not yet applied for student loan forgiveness and forgives loans for undergraduate students that started to repay more than 20 years ago. it will -- for graduate students 25 years ago starts to automatically gets rid of those loans. now, it will include students whose units failed to provide adequate financial aid and students with hardship paying back loans and does not define the last two and the president not stopping the spending there. listen. >> we want to make community college tuition loans free. don't need loans and cut in half the cost of going to college. reporter: the rule changes for the forgiveness and president cost taxpayers $146 billion to forgive student debt for some 4 milli
edward lawrence is live in madison, wisconsin, to help us work through the announcement. edward. reporter: yeah, david, the president was here and announced proposing to shoulder hundreds of millions of more tax dollars on expanded student loan forgiveness programs and the new rules on existing programs was done at madison area technical college today. will automatically add people that have not yet applied for student loan forgiveness and forgives loans for undergraduate students that started...
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Apr 12, 2024
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edward lawrence live at the white house with more on student loans and other matters. edward. reporter: yeah, you know what, the attorney general most of them suing president joe biden because of student loan bailout plan and must weigh voting b uying scheme and seven states filed new lawsuits in order to stop the president from l osenning the ability to relace the rules for a vote buying scheme according to that and president biden including about 30 million people in all americans for this bailout and see the states there. they would balloon the cost g etting 30 million included and already existing changes to the programs cost taxpayers $ 53 billion and forgave loans for 4.3 million and republicans say voters won't be fooled. >> bibs is not working for the american people and they know i t. and, you know, this election will be about the economy and about border security. and americans see joe biden is not leading, it's failing on both issues. reporter: the president has no offset and eventually the people with the loan being forgiven have to pay and president losing ground
edward lawrence live at the white house with more on student loans and other matters. edward. reporter: yeah, you know what, the attorney general most of them suing president joe biden because of student loan bailout plan and must weigh voting b uying scheme and seven states filed new lawsuits in order to stop the president from l osenning the ability to relace the rules for a vote buying scheme according to that and president biden including about 30 million people in all americans for this...
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larry: all right edward lawrence there you have it, to grady trimble. on biden potentially letting all trump tax cuts expire. what you got? reporter: many americans will be forced to pay between 1 and 4% more in taxes unless trump era tax cuts are extended, revised or made permanent that analysis from our friends and colleagues at foxbusiness.com. they would revert to 2017 level, paying more. the 20% tax deduction for many pass through businesses disappears and standard deduction cut roughly in half, whether they stay or go could depend on who is in the white house, and who controls congress at the end of 2025. it has already become a big campaign issue, president biden as he has made note, wants to tax the wealthy and corporations m and former president trump jabs at biden for that, he wants i extend the tax cuts he issued in. >> in my first term we built greatest economy in history of the world with record tax cuts and regulation cuts and rising wages for cities, that is right, total, rising within our cities. reporter: the u.s. claim of come sers pus
larry: all right edward lawrence there you have it, to grady trimble. on biden potentially letting all trump tax cuts expire. what you got? reporter: many americans will be forced to pay between 1 and 4% more in taxes unless trump era tax cuts are extended, revised or made permanent that analysis from our friends and colleagues at foxbusiness.com. they would revert to 2017 level, paying more. the 20% tax deduction for many pass through businesses disappears and standard deduction cut roughly in...
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Apr 11, 2024
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edward lawrence thank you. larry: folks. want to hear a great stat, a gallup poll just asked voters about electric vehicles, maybe biggest center piece of joe biden's policies talks about it all of the time. his green bureaucracy spends their days telling americans, how they are supposed to live, what they can and cannot buy, you know the litany, dishwashers, microwaves, and shower heads and gas stoves and gas powered cars, in the name of climate change. our friend bjorn lomborg estimates that global government spending to climate change, each year, is now 27 trillion dollars. each year. and has not moved the needle one bit. back to gallup and ev, 1% percentage of people -- 1 year percentage of people who might consider buying an electric vehicle have dropped, and people who are seriously considering buying an electric vehicle has dropped from 12% to 9%, and those over in buying one has gone -- never buying one gone up from 41% to 48%, they are staggering numbers, and car salesman joe biden is out there selling the lemons. b
edward lawrence thank you. larry: folks. want to hear a great stat, a gallup poll just asked voters about electric vehicles, maybe biggest center piece of joe biden's policies talks about it all of the time. his green bureaucracy spends their days telling americans, how they are supposed to live, what they can and cannot buy, you know the litany, dishwashers, microwaves, and shower heads and gas stoves and gas powered cars, in the name of climate change. our friend bjorn lomborg estimates that...
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Apr 18, 2024
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edward lawrence at the white house. are they saying we are on the brink of a debt crisis? >> reporter: they are not going that far but a dire warning from the international monetary fund, the imf says huge deficit in the united states pose a significant risk to the global economy. there are four countries on this list that should, quote, take immediate critically needed to take policy action to address imbalances in spending and revenue. the us, china, united kingdom and italy on that list, president biden signed $7 trillion in spending into law under his presidency, the deficit this fiscal year's $1.5 trillion crossing $2 trillion in 2030. >> the service is more expensive, interest rates have increased. in a world where prices keep coming, countries must urgently build fiscal resilience to be prepared for the next shock. >> with the growing federal debt, faculty director for the budget model put the fiscal path into a timeframe. >> fiscal policy in general, the budget model, under the most optimistic circumstances 20 years before everything comes crashing down. >> he says
edward lawrence at the white house. are they saying we are on the brink of a debt crisis? >> reporter: they are not going that far but a dire warning from the international monetary fund, the imf says huge deficit in the united states pose a significant risk to the global economy. there are four countries on this list that should, quote, take immediate critically needed to take policy action to address imbalances in spending and revenue. the us, china, united kingdom and italy on that...
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that is the great edward lawrence out there in wisconsin. thank you ever so much. folks, a couple thoughts from me. this is important. come home to trump, that was the theme of president trump's smashing fund-raiser saturday night pulling in more than 50 million claimings. a one event record, eclipsing the obama, children ton, 26 million at radio city music hall, that was last week or the week before. the republican donor class coming home to mr. trump unifying after the divisive primary season has come to an end. mr. trump virtually winning all the polls, especially swing state surveys, showing that enthusiasm, and momentum is on his side. the list of contributors and wall streeters, john paulson's home, reads like the who's who of gop megadonors. harold hamm, john steve wynn, john catsimatidis to name but a few. many folks were for desantis or haley during the primary season or other candidates. they're now unifying around mr. trump, no order to defeat joe biden's woke open border and big government socialism. mr. trump spoke to them about economic growth with hi
that is the great edward lawrence out there in wisconsin. thank you ever so much. folks, a couple thoughts from me. this is important. come home to trump, that was the theme of president trump's smashing fund-raiser saturday night pulling in more than 50 million claimings. a one event record, eclipsing the obama, children ton, 26 million at radio city music hall, that was last week or the week before. the republican donor class coming home to mr. trump unifying after the divisive primary season...
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Apr 18, 2024
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edward lawrence at the white house. tell me more, edward. >> reporter: yeah. and these sanctions are just now unfolding, stu, here at the white house. 16 individuals and 2 entities have now been sanctioned related to the attack on israel by iran. these do not include sanctions on oil. net exports of oil giving record profits to the ukrainians -- iranians. but these do include targeted sanctions related to their uav program in iran down dot.com point parts of that program -- component participant parts, specifically the engines for the uavs, also the company providing the steel for the uav program in iran received sanctions. the biden administration if saying steel exports bring in several billion in annual revenue for that country. united kingdom announcing similar sanctions on the uav program, other g7 countries expected to follow suit soon. treasury secretary janet yellen says this is meant to degrade and disrupt the iranian ma if line activities with their uav program. stu? stuart: israel's prime minister netanyahu rejected calls for his country to show res
edward lawrence at the white house. tell me more, edward. >> reporter: yeah. and these sanctions are just now unfolding, stu, here at the white house. 16 individuals and 2 entities have now been sanctioned related to the attack on israel by iran. these do not include sanctions on oil. net exports of oil giving record profits to the ukrainians -- iranians. but these do include targeted sanctions related to their uav program in iran down dot.com point parts of that program -- component...
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let's go to edward lawrence with more on that in madison wisconsin where the president will be pushing just that. >> it might be a little bit more than that should the president get what he wants he speaking at the madison area technical college in about two hours. he's going to announce changes to the rules related to student loan forgiveness plan. the changes would add 30 million people to the roles and balloon the cost of the program. some of the changes that he's gone through or proposing in the latest round was automatically adding folks who have not applied for student loan forgiveness it forgives loans for undergrad who started paying 20 years ago. the graduate student started repaying 25 years ago it includes two universities failed to provide adequate financial aid and also includes forgiveness for people who show hardship in paying back their loans. the democrats say this is about fairness not politics. >> at the same time college is an important experience for some to. that student debt relief, this is very much a part of the president saying we want to make life more afford
let's go to edward lawrence with more on that in madison wisconsin where the president will be pushing just that. >> it might be a little bit more than that should the president get what he wants he speaking at the madison area technical college in about two hours. he's going to announce changes to the rules related to student loan forgiveness plan. the changes would add 30 million people to the roles and balloon the cost of the program. some of the changes that he's gone through or...
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Apr 11, 2024
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first up the edward lawrence at the white house with all the latest. edward, what you got? >> reporter: the white house trying to remessage the economy here. the president trying to turn around sagging poll numb brothers. the fact prices remain 19% higher from the month president biden took office. there is what the president said about inflation in the rose garden yesterday. listen to this. president biden: we have dramatically reduced inflation from 9% close to down to 3%. we're in a situation we're better situated than we were when we took office, inflation was skyrocketing. we have a plan to deal with it. >> reporter: but the president was wrong. in fact, larry you know inflation was under 2% for 11 consecutive months leading up to january 2021. the month president biden was sworn in inflation was 1.4%. not exactly skyrocketing. here is the white house press secretary cleaning up the president's comments. listen. >> when we walked in, the pandemic, the disruption of the supply chain, all of these things were happening when the president took office. >> but the president
first up the edward lawrence at the white house with all the latest. edward, what you got? >> reporter: the white house trying to remessage the economy here. the president trying to turn around sagging poll numb brothers. the fact prices remain 19% higher from the month president biden took office. there is what the president said about inflation in the rose garden yesterday. listen to this. president biden: we have dramatically reduced inflation from 9% close to down to 3%. we're in a...
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larry: edward lawrence, there you have it. go on to grady trimble on biden potentially letting all the trump tax cuts expire. grady, what you got? >> reporter: larry, many americans will be forced to pay one to 4% more in taxes unless the trump era tax cuts are extended, revised or made permanent. that analysis from friends and colleagues at fox business dote come. if they expire, you pay more. expense deduction for pass-through businesses disappears. the standard deduction will be cut in half. whether cut the stay or go, largely dependent who is in the white house and who controls congress at the end of 2025. so it has already become a big campaign issue. president biden as he has made note many times wants to tax the wealthy and corporations even more. former president trump jabbing at biden for that, and he says he wants to extend the tax cuts he ushered in and cut them even more. president biden: the last administration enacted a two trillion dollar tax cut overwhelmingly benefiting the very wealthy and biggest corporation
larry: edward lawrence, there you have it. go on to grady trimble on biden potentially letting all the trump tax cuts expire. grady, what you got? >> reporter: larry, many americans will be forced to pay one to 4% more in taxes unless the trump era tax cuts are extended, revised or made permanent. that analysis from friends and colleagues at fox business dote come. if they expire, you pay more. expense deduction for pass-through businesses disappears. the standard deduction will be cut in...
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Apr 16, 2024
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larry: edward lawrence, thank you very much for that run-down. we appreciate it. all right, couple comments from me. every time joe biden says something about tax policy i have to go back and write another riff to rebut all of his falsehoods. i'm so tired of this game. today in scranton biden put out yet another phony tax talking point paper with untruth after untruth. it is pure class warfare. millionaires are bad, billionaires are worse, and if somebody make as million bucks, some middle or lower income family loses a million bucks. but that's not how our capitalist economy works. it is not a zero-sum game. as the late congressman jack kemp said many years ago, in fact borrowing from john f. kennedy, a rising tide lifts all boats. incentives matter. if you encourage work and investment with lower tax rates you will get more work and investment. as art laffer has said thousands of times, tax something less you get more of it. tax something more you will get less of it. economic returns after tax and after inflation matter for individual or business economic decis
larry: edward lawrence, thank you very much for that run-down. we appreciate it. all right, couple comments from me. every time joe biden says something about tax policy i have to go back and write another riff to rebut all of his falsehoods. i'm so tired of this game. today in scranton biden put out yet another phony tax talking point paper with untruth after untruth. it is pure class warfare. millionaires are bad, billionaires are worse, and if somebody make as million bucks, some middle or...
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Apr 18, 2024
04/24
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edward lawrence, no junction fee there jim jordan, chair of house judiciary committee and economic expert. you want to talk about the economy. i know you're very good at it. you heard this report. here, even the imf is criticizing us. that is not exactly supply-siders over there. you have this guy from penn wharton model, no supply-siders there. too much spending, too much borrowing, too many deficits. inflation, interest rates, i mean, joe biden is out there today talking about junk fees and how we shouldn't have to pay baggage fees or whatever. if i had any hair i would be pulling it out, jim jordan. this "bidenomics" thing, it ain't working. >> "bidenomics" ain't working and even the imf knows it and tells us about it. for goodness sake, record deficits, record debt caused by record spending, bad tax policy, actually raising taxes, bad regulatory policy and certainly bad energy policy. and you wonder why we have record inflation and why eggs, milk, everything cost more than it did under president trump. it is because of "bidenomics." it is just, it doesn't work. everyone understands th
edward lawrence, no junction fee there jim jordan, chair of house judiciary committee and economic expert. you want to talk about the economy. i know you're very good at it. you heard this report. here, even the imf is criticizing us. that is not exactly supply-siders over there. you have this guy from penn wharton model, no supply-siders there. too much spending, too much borrowing, too many deficits. inflation, interest rates, i mean, joe biden is out there today talking about junk fees and...
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Apr 30, 2024
04/24
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at the close, our own edward lawrence live from the white house with the details. edward. tell us about it, please. >> reporter: so, larry the markets did not like the compensation costs that came out. they were more than expected. in fact compensation costs over the first quarter of this year, the quarter ending in march of 2024 were up 1.2%. that was again, much more than they expected and accelerating from the fourth quarter. what that means is, inflation costs. those costs are passed through. that puts pressure on inflation going for ward. the markets believe no rate cuts then. in fact the estimates are the first rate cut could possibly come now in november after the election. now, talking about inflation, president joe biden's student loan bailout is going to cost taxpayers more money than the federal government has spent on the entirety of higher ed.cation combined in history. now the new analysis by the committee for responsible federal budget found taxpayers will have to fork over between 780 billion and $1.4 trillion depending how the president rolls out brand new
at the close, our own edward lawrence live from the white house with the details. edward. tell us about it, please. >> reporter: so, larry the markets did not like the compensation costs that came out. they were more than expected. in fact compensation costs over the first quarter of this year, the quarter ending in march of 2024 were up 1.2%. that was again, much more than they expected and accelerating from the fourth quarter. what that means is, inflation costs. those costs are passed...
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Apr 17, 2024
04/24
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liz: thank you very much, edward lawrence. fox business alert, could the federal trade commission be about to commit a fax faux pas? if investors seem to think so is. shares of fashion holding company capris and tapestry are both down anywhere from 2.33% to tapestry's just under 1% following a report from if new york times' deal book that the federal trade commission is preparing to block tapestry's $8.5 billion acquisition of capris. tapestry's three major brands, coach, kate spade and stuart weitzman while capris is the parent company of michael kors, versace and jimmy choo. meanwhile, keeping with the fashion theme or, urban outfitter s is going out of fashion on the wall street catwalk, shares dropping 3% after a jeffreys cut from the a hold to underperform. jeffreys notes a deceleration in rolling 3-month traffic to urban's brands which include urban outfitters and while competitors like abercrombie have seen an uptick in foot tracker, also cutting the price target from $42 to 32. shares at $36.9 right now. let's flip it
liz: thank you very much, edward lawrence. fox business alert, could the federal trade commission be about to commit a fax faux pas? if investors seem to think so is. shares of fashion holding company capris and tapestry are both down anywhere from 2.33% to tapestry's just under 1% following a report from if new york times' deal book that the federal trade commission is preparing to block tapestry's $8.5 billion acquisition of capris. tapestry's three major brands, coach, kate spade and stuart...
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Apr 11, 2024
04/24
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edward lawrence ktvu, fox two news markets are digesting the news. >> we see the dow jones has found itself back above where it started, gaining just about one fifth of 1. s&p doing better gaining not quite one full percentage point. but nasdaq is the shining star. with all those tech stocks taking off, nasdaq is up almost 1 in 3 quarters of a percent. >> the headaches continue for high school students looking to fund their college careers. only 27% have completed their fafsa forms, so far. for federal student aid officials at cal state east bay told the bay area news group. they have not seen numbers this low in years. as we've reported, the rollout of the new form was delayed. since then, it's been plagued with errors and glitches. well, now lawmakers are demanding answers. senate democrats have sent a letter to general dynamics, the federal contractor behind the application. general dynamics has until april 23rd to answer, calling state workers back to the office. >> the memo sent to state agencies by the governor's office, and what it means for thousands of workers who've been at
edward lawrence ktvu, fox two news markets are digesting the news. >> we see the dow jones has found itself back above where it started, gaining just about one fifth of 1. s&p doing better gaining not quite one full percentage point. but nasdaq is the shining star. with all those tech stocks taking off, nasdaq is up almost 1 in 3 quarters of a percent. >> the headaches continue for high school students looking to fund their college careers. only 27% have completed their fafsa...
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Apr 10, 2024
04/24
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edward lawrence ktvu, fox two news oil markets dropped like a rock at the start of the session on that inflation. >> news investors looking for some time to digest while doing a bit of selling dow jones is down by one and almost one half percent. not quite there. s&p is down by just more than 1. nasdaq is down again, just more than 1. >> a gray whale becoming entangled in fishing gear for weeks off the coast of daly city. coming up, a report on the whales surprising journey as wildlife officials work to track it down. plus crews taking new steps to get its robo taxis back on city streets. the testing now derway in ri ♪ heatin' up the kitchen ♪ ♪ we got somethin different ♪ ♪ spreadin' good vibes all day ♪ ♪ livin' in the golden state ♪ ♪ nada se puede comparar ♪ ♪ livin' in the golden state ♪ ♪ vive en el estado dorado ♪ kelly saberi reports. the faa is now investigating whistleblower complaints about boeing's 787 dreamliner jets. >> boeing once again facing an investigation by the federal aviation administration after a whistleblower reportedly claimed the
edward lawrence ktvu, fox two news oil markets dropped like a rock at the start of the session on that inflation. >> news investors looking for some time to digest while doing a bit of selling dow jones is down by one and almost one half percent. not quite there. s&p is down by just more than 1. nasdaq is down again, just more than 1. >> a gray whale becoming entangled in fishing gear for weeks off the coast of daly city. coming up, a report on the whales surprising journey as...
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Apr 15, 2024
04/24
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edward lawrence joins us from the white house. edward, the president's strategy of telling iran don't didn't work. what's the administration going to do now? reporter: yeah and maybe say don't again. i know for the president seems to be favoring deterrence with the word don't. the president told iran don't as of last week leading up to the invasion. they didn't do it and told russian president vladamir putin don't before going into ukraine. the president didn't have a good track record using the word don't as a deterrent. we've heard it over the past five months. will listen to this. >> any country, any o rganization, anyone thinking of taking advantage of the situation, i have one w ord: don't. >> don't. >> don't. reporter: yeah, the administration says its support of israel's ironclad and telling the prime minister not to go into rafah and finish off hamas unless there's a plan and president biden took every opportunity to hold off israel and saying it's a greater need to get humanitarian aid into hamas and agrees for hostage re
edward lawrence joins us from the white house. edward, the president's strategy of telling iran don't didn't work. what's the administration going to do now? reporter: yeah and maybe say don't again. i know for the president seems to be favoring deterrence with the word don't. the president told iran don't as of last week leading up to the invasion. they didn't do it and told russian president vladamir putin don't before going into ukraine. the president didn't have a good track record using...
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Apr 15, 2024
04/24
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lawrence hitting the white house hard about this and edward, you took them on hard. reporter: it all comes down to the price that people pay in america and talks about gas prices and they're on the rise and no change in administration and going for policies and related to gas and triple a saying the average gallon of gasoline is $2.73 and 20-cents more than last month and a little less than one year ago and the white house secretary was pointing out gas prices were cheaper a year ago april 4, 2023, without mentioning how much though. >> there's only three-cents l ower than a year ago. it's up 52% from when president biden came in office. any talks about changing in policy to encourage the future investment of oil and gas. >> the president is committed to lowering costs. he s. that's something you see at the center of every economic policy and hear him giving remarks he's talking about l owering costs and understands how the american people are still being squeezed. reporter: she talks about i nvestments the president is making and eluding to the transition to electri
lawrence hitting the white house hard about this and edward, you took them on hard. reporter: it all comes down to the price that people pay in america and talks about gas prices and they're on the rise and no change in administration and going for policies and related to gas and triple a saying the average gallon of gasoline is $2.73 and 20-cents more than last month and a little less than one year ago and the white house secretary was pointing out gas prices were cheaper a year ago april 4,...
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Apr 19, 2024
04/24
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edward lawrence following that from the white house. >> reporter: the interior department finalized a rule that set aside 13.3 million acres in the last, blocking any oil drilling get, the same land in alaska that congress opened up to search for natural resources, the biden administration ignoring that. president biden says as the climate crisis imperils communities across the country, more must be done. my administered and will continue to take ambitious action to meet the urgency of the climate crisis, protect american land and waters and fulfill our response ability to the next generation of americans. >> president biden: i see a future of a planet that saved the planet and this guy busted his neck doing it. the climate crisis in america, got to do something. >> reporter: the american petroleum institute told me after the biden administered increased fees by oil and gas leases, crushing american energy industry is not the answer. >> they started by cutting off the keystone pipeline and everything from this administration since then has been undercutting of american production at a
edward lawrence following that from the white house. >> reporter: the interior department finalized a rule that set aside 13.3 million acres in the last, blocking any oil drilling get, the same land in alaska that congress opened up to search for natural resources, the biden administration ignoring that. president biden says as the climate crisis imperils communities across the country, more must be done. my administered and will continue to take ambitious action to meet the urgency of...
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edward lawrence. >> reporter: the president speaking moments from now in union station, he will tout his budget and more spending, universal pre-preschool, the president will also likely say the us has the best economy in the globe. when you peel back the onion, you see full-time workers fell and the number of part-time workers increased by 690 one thousand part-time jobs traditionally pay less. this could be the reason for the sagging economic poll numbers. the real wages are down 2. 5% since the month president biden came into office through the latest data. the president acknowledged the hardship with the student loan debt, he is bowing to forgive. >> president biden: even if they get by, they have this crushing debt. that's not just a drag on them. it's a drag on the economy. can't afford to buy a home, start that small business, chase that career you've been dreaming about for a long time. >> reporter: the missouri attorney general plans to sue over the new student loan bailout plan. >> the last planned biden put forward would cost taxpayers $34 million, more than half $1 trilli
edward lawrence. >> reporter: the president speaking moments from now in union station, he will tout his budget and more spending, universal pre-preschool, the president will also likely say the us has the best economy in the globe. when you peel back the onion, you see full-time workers fell and the number of part-time workers increased by 690 one thousand part-time jobs traditionally pay less. this could be the reason for the sagging economic poll numbers. the real wages are down 2. 5%...
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Apr 23, 2024
04/24
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i am edward lawrence in washington dc. brushing off the rate worries focused on big earnings, rally led by technology, the dow and the s&p and the nasdaq up big. let's get to madison venture partners's mitch rochelle. meta-reports earnings tomorrow. 11 of the 30 dow members are reporting. what are you looking for in earnings for that company and other companies for stability and growth? >> i focus more on the remarks on the call than i do on the earnings themselves. earnings are back looking and the calls tend to be forward looking in the market as a forward-looking mechanism. any sign of optimism that responds to inflation that seems to be persistent. more stories about job cuts in the tech sector. what management has to say about whether they are creating earnings by lowering operating costs. edward: we will see first quarter gdp estimate yesterday, friday the favorite inflation measurement, federal reserve may have rate cuts this year. the options market starting to price in a rate hike, putting a 20% chance this year.
i am edward lawrence in washington dc. brushing off the rate worries focused on big earnings, rally led by technology, the dow and the s&p and the nasdaq up big. let's get to madison venture partners's mitch rochelle. meta-reports earnings tomorrow. 11 of the 30 dow members are reporting. what are you looking for in earnings for that company and other companies for stability and growth? >> i focus more on the remarks on the call than i do on the earnings themselves. earnings are back...
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Apr 17, 2024
04/24
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>> griff: yesterday treasury secretary janet yellen was asked by edward lawrence about what subsidies, is it time for sanctions? she said it is not about sanctions, it is about cooperation. the administration will get questions about this. >> ainsley: cooperation? >> steve: that cooperation is killing people. >> ainsley: they will not cooperate with us. >> brian: maybe we should send? fentanyl to china. we have so much, we would like to give some back to you. >> lawrence: ice has been more aggressive lately and tips are flowing in from local departments. cities they say kaefrnt communicate with ice, maybe they are watching us because we're reporting on illegals that have criminal records. >> brian: don't even look at cartels, forget it, they are mules, people making it happen is china. there is incentive to get it here, not leave it there. >> lawrence: they don't want their people to have it. >> ainsley: like tiktok. >> steve: problem with the united states and i went to a new jersey lab a mongst and a half ago, every drug you buy on the streets these days probably has fentanyl in it.
>> griff: yesterday treasury secretary janet yellen was asked by edward lawrence about what subsidies, is it time for sanctions? she said it is not about sanctions, it is about cooperation. the administration will get questions about this. >> ainsley: cooperation? >> steve: that cooperation is killing people. >> ainsley: they will not cooperate with us. >> brian: maybe we should send? fentanyl to china. we have so much, we would like to give some back to you....
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Apr 16, 2024
04/24
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lawrence tried to get an answer out a of kjp on this watch this. >> the president said, he came into office inflation was skyrocketeting, he was 1.4%, in january 2021 that was 11th executive month at that time under 2% was president misleading. >> when president took office you know there was a paebd closing down businesses closing schools drastically you disrupting supply chain he said inflation skies rocketing. >> we had a supply chain that was disrupted, so that is what the president was speaking to, and laying out. >> is president being honest about inflation. president mass to take historic action, in dog dealing with disruption in supply chains. >> supply chinese supply chains, turn herself into a pretzel trying to blame inflation on trump we know brevity we lived it, by the way, she failed to say about pandemic was forcing -- closings no, no, no. the mix told schools to skids to stay home forced to us do stuff about covid it wasn't just happened because of pandemic. they told us what to do. >> ironic my first visit on supply chain issues, of course, biden i think using notecar
lawrence tried to get an answer out a of kjp on this watch this. >> the president said, he came into office inflation was skyrocketeting, he was 1.4%, in january 2021 that was 11th executive month at that time under 2% was president misleading. >> when president took office you know there was a paebd closing down businesses closing schools drastically you disrupting supply chain he said inflation skies rocketing. >> we had a supply chain that was disrupted, so that is what the...
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stuart: edward lawrence at the white house. any idea what the president is going to say today? reporter: it's healthcare worker appreciation month and the president is going to be pushing parts of the budget likes expanded child care tax credit as well as free preschool he wants to put in there. the president trying to re-message the economy and pull up the poll numbers and look at inflation over the past three months, it's been increases and in the latest jobs report, you peel away and see the number of full-time j jobs in the united states shrank and increased 691,000 in that time and the number of multiple job holders up 271,000 partly because part-time jobs don't always pay the bills and that's the data. here's what we hear. vascularized we need more qualified people doing in work, to bring back manufacturing, back to america. to build new factories in your communities, and i'm investing in the american agenda and create millions of jobs over the next decade. we're already creating over 15 million new jobs. >> talk about manufacturing jobs and the last jobs report, u.s. cre
stuart: edward lawrence at the white house. any idea what the president is going to say today? reporter: it's healthcare worker appreciation month and the president is going to be pushing parts of the budget likes expanded child care tax credit as well as free preschool he wants to put in there. the president trying to re-message the economy and pull up the poll numbers and look at inflation over the past three months, it's been increases and in the latest jobs report, you peel away and see the...
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Apr 26, 2024
04/24
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i am edward lawrence. our top story inflation showing little signs of letting up in march and all eyes are on the fed, how it will react at the next meeting next week. getting a read him bob nordeli. you understand when a consumer is under pressure the report shows overall inflation rising year-over-year, going sideways in this. is this the start of stagflation? >> thanks for having me on. gary is the expert on this subject to. it is. why deal with fortune 25 companies and i will tell you there's a long tail on inflation. we are seeing it every day. i would project oil is over one hundred dollars a barrel. i predicted inflation would be 10%. i missed ten but got to nine. i continue to see inflation across almost every commodity we are involved in. people continue to raise prices. consumers have this flood of money, credit card our top down and we see this dichotomy, we heard earlier democracy, we are pushing evs and we see where microsoft is up because of ai. they are having a heckuva time trying to find a
i am edward lawrence. our top story inflation showing little signs of letting up in march and all eyes are on the fed, how it will react at the next meeting next week. getting a read him bob nordeli. you understand when a consumer is under pressure the report shows overall inflation rising year-over-year, going sideways in this. is this the start of stagflation? >> thanks for having me on. gary is the expert on this subject to. it is. why deal with fortune 25 companies and i will tell you...
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Apr 11, 2024
04/24
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edward lawrence, thank you indeed. bring in ej he's from the heritage foundation. they all work. president biden says he still see as rate cut this year and is he pressuring the federal reserve and he wants good news before the election. and >> absolutely and stu, it's appalling that the president cuts interest rates at a time when inflation is accelerating and by the way, it was just yesterday that maria bartiromo on your network interviewed james grant and the feds view a second trump term as clear and present danger to the country. well, that was confirmed when later yesterday james o'keefe dropped an undercover video where a federal reserve economist said the exact same thing. it's awe pauling hoplite -- appalling how politicizing it is and on the fed they have to go. stuart: that's interesting. larry summers, he's a former treasury secretary and he thinks they're the master and it was serious possibility and the fed's next move is a right hike and what do you say about that, ej? >> there's no chance of that happening because of how politicized they are and never hike rates a
edward lawrence, thank you indeed. bring in ej he's from the heritage foundation. they all work. president biden says he still see as rate cut this year and is he pressuring the federal reserve and he wants good news before the election. and >> absolutely and stu, it's appalling that the president cuts interest rates at a time when inflation is accelerating and by the way, it was just yesterday that maria bartiromo on your network interviewed james grant and the feds view a second trump...
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Apr 18, 2024
04/24
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larry: edward lawrence has details on the decline of bidenomics, he so joining us from the white house. reporter: you know imf is calling out united states saying that huge deficit in united states are posing a risk to the global economy, imf calling out u.s. one of 4 country that quote needs to critically take policy act to address fundamentally implant imbalance between fund and revenue, president biden signed over 7 trillion in spending to law, defset this fiscal year 1.5 trillion. they look at nation, and inflation, they say president biden is making this same mistakes at former democratic president. >> caused by that spending in washington dc . as they say everything that goes around comes around, so much of same mistake of carter administration. reporter: with growing federal debt, faculty director, put u.s. fiscal path into a time frame. >> fiscal policy in general is not sustainable, we estimate that the p we have 20 years before it comes crashes down. >> the death would co cause inflation spiral and government would pay money. then the bond yield would respond as higher rates.
larry: edward lawrence has details on the decline of bidenomics, he so joining us from the white house. reporter: you know imf is calling out united states saying that huge deficit in united states are posing a risk to the global economy, imf calling out u.s. one of 4 country that quote needs to critically take policy act to address fundamentally implant imbalance between fund and revenue, president biden signed over 7 trillion in spending to law, defset this fiscal year 1.5 trillion. they look...
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Apr 12, 2024
04/24
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i am edward lawrence up white house, the present announcing $7.4 billion, changes to current plans, this affects student loan forgiveness for 227,000 people. so far the president has included $453 million, the cost to taxpayers, 4.3 million people, forgiveness will extend them to 30 million americans, 7 states and announced that they would sue. >> loans must be repaid, supreme court said he didn't have authority the first time, we intend to prove he is trying to do it again. >> reporter: critics say this is election year politics to buy votes, critics say it will boost inflation which the president misled americans about in the rose garden this week. >> the president said when he came into office inflation was skyrocketing, 1.4% in january 2021, under 2%. as the president -- >> when the president took office there was a pandemic closing down businesses, closing down schools, it was drastically disrupting the supply-chain. >> the supply chain measure breakdown in november at that time, is the president being honest about inflation? >> the president said what he saw when he took office. th
i am edward lawrence up white house, the present announcing $7.4 billion, changes to current plans, this affects student loan forgiveness for 227,000 people. so far the president has included $453 million, the cost to taxpayers, 4.3 million people, forgiveness will extend them to 30 million americans, 7 states and announced that they would sue. >> loans must be repaid, supreme court said he didn't have authority the first time, we intend to prove he is trying to do it again. >>...
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Apr 11, 2024
04/24
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edward lawrence is reporting live from the white house. i wonder what we'll hear from them today edward? >> interesting. americans have attached, as you know, higher prices to the term bidenomics that we heard a lot last year. all prices are up about 19% since the president came into office. you've slowly been seeing inflation rise and accelerate. the latest inflation report, the third one that came in hotter. the federal reserve won't make an interest rate cut any time soon. biden was wrong when he said inflation was skyrocketing when he came into office. how inflation remained too low at that time. president biden trying to blame former president trump for inflation under biden's watch. >> president biden: so i think they have no plan. our plan is one, i think, is still sustainable. >> the president when he came into office gas prices are up 52%. electricity up 28%. there is the gas prices up 52% since president biden came into office. senator ted cruz told larry kudlow the american people realize who sparked inflation. >> terrible numbe
edward lawrence is reporting live from the white house. i wonder what we'll hear from them today edward? >> interesting. americans have attached, as you know, higher prices to the term bidenomics that we heard a lot last year. all prices are up about 19% since the president came into office. you've slowly been seeing inflation rise and accelerate. the latest inflation report, the third one that came in hotter. the federal reserve won't make an interest rate cut any time soon. biden was...
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edward lawrence is in madison wisconsin. madison wisconsin, for college students, that is a boat that he wants, that's why he's giving away taxpayer money isn't it. >> that the fact that the state poll shows he's tied 46 - 46 of the former president he'll be here at the madison area technical college he will announce changes to existing student loan forgiveness programs in those rule changes have added 4 million people to student debt forgiveness putting all the taxpayers on the hook for $146 billion, the proposed new changes would expand the number of eligible people to 30 million in balloon the price tag. >> at the same time college is an important experience for some to, that student debt relief, this is very much a part of the president saying we want to make life more affordable and opportunity more open and we want to make sure that everyone regardless of their path gets to share in that. >> the latest moves will expand the eligible people who have not yet applied for student loan forgiveness. automatically forgives lo
edward lawrence is in madison wisconsin. madison wisconsin, for college students, that is a boat that he wants, that's why he's giving away taxpayer money isn't it. >> that the fact that the state poll shows he's tied 46 - 46 of the former president he'll be here at the madison area technical college he will announce changes to existing student loan forgiveness programs in those rule changes have added 4 million people to student debt forgiveness putting all the taxpayers on the hook for...
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Apr 15, 2024
04/24
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edward lawrence live at the white house with the latest. how does it shake out this morning, edward? >> the price of oil mid to upper $80 a barrel and gas refineries shipping over to the summer blend of gas. that has happened already. the attack from iran on israel destabilize es the middle east and ukraine hit russian oil refineries. the average is 3.63 a gallon. $0.20 more than a month ago. almost the level it was a year ago. the president of the american petroleum institute believes higher gas prices are by design. >> i think what you are seeing right now is where they can cut back on production, on federal lands and federal waters, they are doing everything they can to do that. these new blm rules will undercut production on federal lands by increasing costs for american producers. what that will mean is less production in the future on federal lands and federal waters. >> here is what the interior department is. increased royalty fees by 17%. bond price for leases by 1400%. that price -- and limited off shore leases in gulf of mexico t
edward lawrence live at the white house with the latest. how does it shake out this morning, edward? >> the price of oil mid to upper $80 a barrel and gas refineries shipping over to the summer blend of gas. that has happened already. the attack from iran on israel destabilize es the middle east and ukraine hit russian oil refineries. the average is 3.63 a gallon. $0.20 more than a month ago. almost the level it was a year ago. the president of the american petroleum institute believes...
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Apr 12, 2024
04/24
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fox news correspondent edward lawrence reporting live from the white house. hello edward. >> reporter: i want to go back to what you said at the top. the president was also asked a question how imminent is an attack by iran on israel, the president says he wants to get more secure information but it's sooner rather than later and his message for iran he said don't. getting into this the president is keeping true to his vow he would ignore supreme court ruling of student loan forgiveness and forgive us much student loan as he could. you mention of numbers today so far the president has forgiven $153 billion in student loans and that's taxpayer money for a 4.3 million people for existing rule changes his administration made to the root loan program. president biden hopes to include 30 million more people with more rule changes ballooning the cost to taxpayers. he just talked about the plan moments ago. listen. >> president joe biden: a promise kept to historic $7 billion in hbcus, to relieve student debt for more than fourth million people so far including a si
fox news correspondent edward lawrence reporting live from the white house. hello edward. >> reporter: i want to go back to what you said at the top. the president was also asked a question how imminent is an attack by iran on israel, the president says he wants to get more secure information but it's sooner rather than later and his message for iran he said don't. getting into this the president is keeping true to his vow he would ignore supreme court ruling of student loan forgiveness...
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Apr 12, 2024
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>> dana: edward lawrence from fox business live at the white house. hi, edward. >> we're talking about now 7.4 billion the latest announcement by the white house affecting 277,000 people from the changes that have already happened to the student loan forgiveness plan. costing taxpayers $153 billion already. that is tax money affecting 4.3 million people. the president wants to make changes so forgiveness would extend to 30 million americans. seven states already said they'll sue including kansas. >> the loans must be repaid. the supreme court has already said that he didn't have authority the first time. we intend to prove he is basically ignoring the supreme court's decision and trying to do it again. >> critics say this is election year politics trying to buy younger votes. those critics say forgiveness plan will boost inflation that the president misled americans about in the rose garden this week. >> the president said when he came into office inflation was skyrocketing. it was 1.4% in january 2, '01. the 11th month under 2%. was the president mis
>> dana: edward lawrence from fox business live at the white house. hi, edward. >> we're talking about now 7.4 billion the latest announcement by the white house affecting 277,000 people from the changes that have already happened to the student loan forgiveness plan. costing taxpayers $153 billion already. that is tax money affecting 4.3 million people. the president wants to make changes so forgiveness would extend to 30 million americans. seven states already said they'll sue...
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Apr 11, 2024
04/24
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he was fact checked by edward lawrence who writes that the reality when president trump prn took office was 1.4%. it does up as high as 9.1% on biden's watch. prices are up 18.9% from january of 2021 to march of 2024. so prices up 9.1% since the month that president biden took office. his had statement is false when he said inflation was skyrocketing. ashley, i'm interested in your thoughts in terms of joe biden being so sure about this rate cut. okay. so so he comes to the podium and says i'm sticking to my prediction that the r the rate s coming, it might be a month delayed. did he speak to jay powell? >> i think this issue will continue to haunt him, inflation as well as every single major issue that faces american people, whether it's gas prices, whether it's insurance. they know they're not better off than they were three and-a-half years ago. so the fact that keeps talking and running on bidenomics for republicans i'm like keep saying that because everyone's go goino hang it around your neck. maria: if trump was saying we're going to have a rate cut and it's going to be a month de
he was fact checked by edward lawrence who writes that the reality when president trump prn took office was 1.4%. it does up as high as 9.1% on biden's watch. prices are up 18.9% from january of 2021 to march of 2024. so prices up 9.1% since the month that president biden took office. his had statement is false when he said inflation was skyrocketing. ashley, i'm interested in your thoughts in terms of joe biden being so sure about this rate cut. okay. so so he comes to the podium and says i'm...
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Apr 29, 2024
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lawrence is at the white house. correct me if i'm wrong, didn't obama try this in the court shut it down. >> that's exactly right, president joe biden is tried it again but by the time it works for the court many voters love early voted on the political standpoint that allows the president to tell folks that he gave a raise to a small group a small percentage of american workers, from a legal standpoint there will be a challenge in the role has a good chance of being overturned to the obama administration. from a business standpoint this is more pressure for added cost and inflation. and someone who qualifies overtime and federal law those making 44000 in july will get it and 59000 next january and $800 billion and forgive the tray cost american businesses and they made it rules which put pressure on small businesses and the economic advisors making the plate with small business environments as they tried to sugarcoat the inflated prices companies are forced to pass on. listen. >> were never good to get grocery infl
lawrence is at the white house. correct me if i'm wrong, didn't obama try this in the court shut it down. >> that's exactly right, president joe biden is tried it again but by the time it works for the court many voters love early voted on the political standpoint that allows the president to tell folks that he gave a raise to a small group a small percentage of american workers, from a legal standpoint there will be a challenge in the role has a good chance of being overturned to the...