filling up so that's not a bad business to be in right now be fine waiters to go to the table. >> those are all great ideas and thank you very much grade check out this week's edition to see that full list of ceo endo to forget to follow us a barron's online that is all press. see you next week b b b countdown", we've got meme stock s and larry kudlow is coming up next. larry: hello, everyone. welcome to kudlow, i'm larry kudlow. so, we begin tonight, what did they know and when did they know it? the they in this case, is the five republicans who participated in the final bipartisan infrastructure session with president joe biden , and it sure looks like they were double crossed. a classic bait and switch. the victim of a big lie in full public view. by all accounts, the idea of linking a hard infrastructure

package with a multi trillion dollar tax and spend and green new deal and entitlement package was never discussed, not in the group of the 10 senators who met with biden yesterday, nor with the bigger group of 21 senators who endorsed their work , nor with the white house itself, and i quote here, in endorsing the deal biden praised the group for keeping their word, but then, immediately broke his. that, according to a key republican aid. biden never mentioned this kind of leakage at the news conference with the infrastructure 10. take a listen. >> are you going to enter the two-track system mr. president? >> there is going to be a two track system. >> are you confident you'll have all of the democrats in the senate? larry: so we dodged it but then one hour later, he says this. >> look, the bipartisan bill from the very beginning was

understood. there's going to have to be the second part of it. not just signing the bipartisan bill, and forgetting about the rest of that proposal. the infrastructure bill as well as voted on the budget resolution, and that's when if only one comes to me, i'm not, this is the only thing that comes to me i'm not signing it. it's in tandem. larry: yeah, really well now it's very clear that the double cross was always the democrat strategy. bernie sanders has been talking lots about it, nancy pelosi has been talking lots about it, but biden, during the good faith bipartisan negotiations was not talking about it and he is the most important person in the room. pelosi, later said, there will be no infrastructure vote in the house, until the massive reconciliation bill is passed. well, meanwhile, i feel the pain of the republican negotiators. people like rob portman and susan collins and bill cassidy, these are principal folks of good faith, and in fact, in

senator rob portman's notes, the number one note was no income tax, no changes to the 2017 tax bill, and his third bullet was solely core infrastructure priorities, not human infrastructure. now, portman is a smart guy, and he's a man of principle. he wouldn't have written that if he didn't think biden had signed on to it. now, i'm not going to just blame him because we have a president who has no moral principles at all. he is dishonest, he is overrun by the far left wing of his party and he will do anything to make a short-term political buck, and by the way, just for the heck of it, let's remind ourselves that we're talking about a $4 trillion, additional spending, and actually, the trillion dollar infrastructure deal could wind up being folded into some kind of big reconciliation package.

there maybe less there than meets the eye. i say this , because as a former green eye shade myself who worked in reagan's omb years back as a negotiator and trump's national economic council, i know that there could be no reconciliation until and unless there's a budget resolution agreed upon by both the house and the senate. right now, they are nowhere near a budget resolution, and on top of that the senate parliamentari an has already out lawed this phony non-sense it call irs tax grab, where you put an 80 billion and somehow magically you pull out 700 billion in revenues. the infrastructure group is more realistic thinking you could put in 40 billion and get out 60 billion. even that is somewhat suspect to me. democrats, on the other hand, have been talking about a $700 billion revenue take from this irs political weaponry against conservatives 501 c 3 and so forth.

it'll never happen. it will never happen, and of course, the green new deal, in all that's obsessive and hysterical majesty is going to be part of the democrats worker paradise eutopia strategy. does anybody think that's going to pass? we're going to end the combustion engine in a couple of years and surrender to the lesser male prairie chicken as an endangered species which would take out roughly 75% of our oil production and give the keys to the kingdom to russia and china and iran? or the so-called family infrastructure? we might better suggest this is the destroy the family infrastructure bill, by heaping on entitlement transfer benefits left and right, without work requirements, or other employment incentives, that will just keep unemployment and family breakup high, and it will do great damage to minority groups. didn't we learn this from the great society? didn't clinton and gingrich show us the right way by linking

benefits to work? is anybody going to read jason riley's great book about african american economist thomas sowell, and his beautiful written book on freedom and opportunity, and it is by his own experience coming up from the ghetto. the book is "maverick" you should read it and what about senator tim scott's marvelous speech emphasizing supply side tax cut incentives and opportunity zones and hard work instead of welfare dependency or what about ben carson's great work, arguing for the equality of opportunity at the starting line but opposing something called equity at the finish line that's not family infrastructure , that's damaging the very soul of america, that's a kind of pre-berlin wall bulgarian-type command and control poisoning the spirit of america and by the way the democratic alternative is about $3 trillion in tax hikes, assaulting large companies, small companies, investments,

worker wages, family farm, ranches, jacking up the corporate tax damages the blue collar middle class the most. they shoulder 70% of the burden in terms of lost wages and jobs, abolishing fossil fuels will cost millions of jobs and wages and family incomes, doubling the capital gains tax, simply another tax on companies and investments for new startups, or expanding the buildup of new plants and technological equipment. giving the g-7 the power to tax americans and american companies huh? another absolutely nutty idea and then putting in a global minimum tax? that's not going to prevent europe from a big digital sales tax on american companies, putting in a minimum domestic tax, that's just going to damage investment and the workforce by disallowing immediate expensing and depreciation. let's be very clear. the so-called reconciliation goals of the democrats will do

enormous damage to the economy, to the stock market, to the workforce. leading think tanks have already estimated large-scale losses in gdp, employment and the capital stock, as a result of these far left policies, and the fact that joe biden who is the uniter and even up until later a noon yesterday, swore he was in favor of bipartisanship, he has led the great double cross, he has utterly caved into the progressive lefts socialist policies, their attack on success, their efforts to re distribute income, rather than grow the economic pie, and their arrogance to ignore the clear, historical results of the failures, time and again, throughout history, of countries who have adopted the state-run socialist economic model. so this is bad stuff, bad stuff, but then again, because it's so bad, maybe it can be whooped. let's bring back our great

friend tennessee senator marsha blackburn. i want to get to the kamala harris business at the border, and by the way thank you for coming back and helping us assess this as you promised, but first, you know, here is biden, double crossing republicans and just about everybody else, and it's up to no good. what's your quick thinking and maybe you've been on the phone with some of your colleagues today. what do you hear, ma'am? >> most people are surprised that he did this quick of a double cross, and then, they are looking at this , i think all of us are looking at this , as bad faith negotiation. you mentioned senator portman and his vote, for no taxes, no hikes, focusing on real infrastructure, adding broadband infrastructure to that, and this was the agreement and principle they had, repurposing some of that cares act money that's already in the pipeline, but not being used, but you know , it seems that biden had

another set of ideas, and he decided that regardless of what he said to the 10 senators, that he had predetermined that there would not be this deal to satisfy them on physical infrastructure unless he got everything else, the other. now the price tag is 3 trillion, so in total, what he's talking about is spending $4 trillion. this is new money spending, and not repurposing that cares act money. we cannot afford this , and i will tell you quite honestly, what we are seeing, larry, is that this is an administration that our children and grandchildren cannot afford. they are running up the debt totals faster than we can talk. larry: you know i just want to get to the border and the paris in a second but it's just so odd

to me, senator, so the president stands with the 10 negotiators and all is well and they are all clapping each other and then he walks away, he mumbles something , and then he walks away and one hour later, he issues this clear, clear as a bell statement that there has to be linkage between hard infrastructure and the rest of their, you know, agenda. this is like did someone get to him in that hour or did they like say oh, no you blew it you should have said this and now you got to go back and say that. i mean, what happened here in an hour? >> i think they show their intent from the get-go. it was not a good faith negotiation. republicans are for infrastructure, for roads, for bridges, for highways, the interstates, waterway, run ways, we are for that, and have been, and have put more than one offer on the table. senator capito has done a really

solid job trying to work on this issue, but see the thing is , they're not interested in that. they're not interested in doing more with less. they want to do less with more of your money and go waste it and then pass the bill to your children and grandchildren, and when we know that our nation needs road repairs, our rivers need to be dredged, our ports need to have maintenance work, we have runways, highways, they need maintenance work. our railways, they are needing maintenance work and what they want to talk about is a green new deal, giving credits for people to go buy electric cars, while they still don't have a battery that is going to get you much further than 350 miles, and not that far, if it's a hot day in the south and we've got three or four people and a load of luggage in the car larry: [laughter] all right i want to go right to

the border now, senator blackburn. we've got fox's peter doocy live in el paso, texas, with the latest on the beat strip. hello what you got? reporter: larry good afternoon. the closest that the vice president got to the actual physical u.s. mexico border was at a port of entry, and we went inside. it kind of felt like being in the dmv or something it was an administrative office where people who want to turn themselves in legally can go and say they want to do that and that kept their focus on people who are doing things the right way. >> i hope this does not sound that we have the capacity to give people hope. reporter: the vice president also met with a handful of young girls who are detained right now by border patrol and she met with community faith leaders including some who run shelters for migrants. she insists this trip to the border is supposed to inform her main focus which is determining

the root causes of migration, claiming that even though its been months since she was put in charge of fixing the immigration system, this was all part of the plan. >> [overlapping speakers] >> right now was the right time to make your first trip to the border? >> well it's not my first trip. i've been to the border many times. back in march i was going to come to the border so this is not a new plan. reporter: and some republican critics charge that el paso is not where the action is, because most border crossings are happening hundreds of miles away from here, the local democratic congresswoman veronica escobar disputes that and she went so far as to say that el paso is the new ellis island. larry? larry: peter doocy thanks very much. let me come back to senator marsha blackburn as we discussed the other night. senator first of all she wasn't near the action. i guess that's a key point, but you and i talked about this. where are the deliverables?

where is the policy change that might start to fix this? i didn't hear any, maybe you did >> there was no policy change that was offered, and there was no resolution to the issue. you know, we want to show compassion, or this is a new el lis island. larry, these are individuals who are coming across the border illegally. the cartels are in charge on the mexican side of the border. the cartels are having a banner year, they are making more money than ever. they are charging these people, abusing these children, sexual abuse, gangs, ms-13 gangs. these people are being abused as they are coming through the cartels to come into the country. the president of guatemala, your officials in mexico have all told the vice president that this is the biden border crisis.

president trump had found a way to secure this border, and the border patrol finally, they were able to do their job and now, what they're looking at is people that are ridiculing them, spying on them, surveiling them, bringing these illegal entrants to the country to circumvent our laws and then the federal government in trying to hide it, what are they doing? they are sending these migrants into communities around the country without letting the elected officials know, so then you've got your counties and your states having to pick-up the cost of education, healthcare, housing, child services, social services, for these individuals who are traumatized because of the abuse they have taken from the cartels larry: you know we talked the other night, senator, this is, it was your insight.

this has become a national political issue. this is not just a border issue. >> that's right. larry: although republicans are winning elections in democratic districts along the border because of it but it is a national issue. you know, my thought here in terms of changing policies and having a deliverable that makes a bad situation either less bad or really improve it the way trump did, you either are for catch and release or you're for catch and deport and i don't think the bidens will or have ever said clearly they are for catch and deport and therefore, they are not going to really defend the border. am i wrong here? am i missing something here? >> you are spot on, because what you need to do, when they come in, you need to put them on a plane and instead of flying that plane to chattanooga, tennessee, fly it back to the home country, so that these individuals who have been abused can go back to their families and that is how you deal with

this , but to say we're going to go to el paso and look at root causes. why not go to the rio grande, that has seen twice as many illegal entrants as el paso. why not go to arizona where 40% of all the drugs that come into this country are coming across the arizona border through the cartels which is el chapo's cartel. you have to admit, there is a problem in order to recognize the problem and then solve the problem, so this is a national issue. it is every town, a border town, every state a border state. it is about the security of our cities and our communities. it is about the health and security of children, and of our teenagers and they are

encountering these street drug, all of the fentanyl that is flooding, flooding into our u.s. communities. law enforcement says secure the border, slow down the entry of these drugs, and what does the administration do? basically, they hang out the y' all come sign and they just keep catching and releasing and sending individuals across the country to our community. larry: on target, senator marsha blackburn can't thank you enough, you helped us earlier this week and you made good on your promise to come back and help us again. terrific stuff, thanks very much now folks, coming up, a little bit more on the kamala harris story. she's blaming donald trump for the border crisis. not biden-harris, she's blaming donald trump, so, we're going to speak with steve miller, who handled a lot of the immigration stuff, under donald trump, about this whole story, hang with us, we're coming right back. more on harris and more on

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>> it is here in el paso that the previous administration child separation policy was

unveiled, and so we've seen the disastrous effects of that right here in this region. it is here in el paso that the return to mexico policy from the previous administration was implemented. we have seen the disaster that resulted from that. larry: oh, i get it. so it's all trump's fault. right. let's bring in our great pal steve miller, whose a senior policy advisor to donald trump, and also, the america first legal foundation founder. steve miller, as one of the leaders of the immigration policy team and the trump adminitration, the way i look at it is kamala is blaming you, blaming president trump and blaming stephen miller. i'm happy to defend you but i bet you can defend yourself. what's your response to what she said down there today? >> it's honestly, the most intellectually disingenuinous statement i've ever heard anybody make in elected office. let's just review the facts very

briefly. when president trump left office , the border was the most security has ever been, thanks to four years of unrelenting effort, we had the migrant protection protocols also known as remain in mexico, we had the border wall, we had safe third agreements, safe third nation agreements with honduras, el salvador, and guatemala, we had anti-fraud measures and the most efficient process for humanely returning illegal immigrants to their home countries, but any administration had ever had. that's what biden had on day one on day one. he purposefully eliminated those tools, deliberately facilitated the entry of illegal migrants into our country. in the last three months alone just to illustrate one dimension of the crisis, there's been more unaccompanied minors entering the country illegally in each of the last three months than in any other month in the history of our entire nation.

three months in a row, there's been a level that had never previously been encountered ever that's because of the policy choices they made, because fundamentally, they want illegal immigration. they aren't trying and failing, larry. they are actively seeking to facilitate illegal entry and that is what is happening. larry: you know, i thought the mexican president, actually the recent who was rather left of center, much more than pinera , i thought they agreed with you about the remain in mexico policy. >> absolutely. the northern border towns in mexico want nothing to do with the immigration chaos that we're seeing right now. when you have tens of thousands, hundreds of thousands of people streaming up, not just from the northern triangle and central america but from 160 countries in the world, these border communities have their own problems, and what else is it doing?

it's fueling cartels. it's fueling drugs. it's fueling gang violence, on both sides of the border so mexico, and in particular those northern border communities in mexico, want absolutely no connection whatsoever to this mass illegal migration that's happening right now and that's why, that's why mexico ultimately was grateful for the migrant protection protocols remain in mexico. larry: i mean, if you advertise come, welcome, you know, if you advertise remain in the u.s. you're going to get people coming into remain in the u.s. , but she's attacking now the child separation policy. now, it's always unfortunate that children get separated from families or the families get separated that's the problem don't come in illegally but didn't barack obama have a child separation policy too? >> well unfortunately, the tragic reality is is that when families and minors make the decision to make this

dangerous journey, it has very negative profound consequences so for example, if you look at the biden administration, as i mentioned, they've had more unaccompanied minors these are people separated from their families either at the border or in their home countries. those numbers radically eclipse any numbers you saw during the trump adminitration. there's been far more families separated as a result of the current policies but the important point, the most important point is this. president trump ended child smuggling. he stopped child trafficking. he saved the lives of countless people who never made the dangerous journey in the first place, who never went into the arms of the coyotes, the cartels, and the traffickers that's how you measure the success of the policy. i've said it before i'll say it again. if the cartels got a vote, they would vote for the policy of biden-harris going away. it be a unanimous verdict on the

part of the cartels. we want the biden-harris policy, they would all say. larry: can i switch gears real quick, to something else which is annoying me a lot today. the biden justice department, merit garland, is suing the state of georgia, on election law. now, as you know, s 1, this national federal takeover of state election laws, was defeated via filibuster earlier this week, and that was a very good thing indeed. here is the weird part, steve miller. the justice department is suing the state of georgia for restricting the voting rights of minority groups, but not, they're not arguing id's or photo id's. they're saying absentee ballots, that they are saying they should be mailing absentee ballots to everybody in the state whether they ask for it or not, and i find that most curious and stupid. i see you're laughing. you know, first of all, you

should have to actually georgia, by the way, did not ask for an excuse for an absentee ballot, but why should they mail them to everybody? so therefore i'm thinking to myself, self, this is just pure politics after they just lost on s-1 earlier this week. what say you? >> well you're exactly right. the politicization of justice in this country is one of the grave its threats ultimately to the rival of our liberties. people using the justice department, using the office of the attorney general, using the prosecutors office to try to advance a narrow political objective, and that's what we're seeing right here, there's no constitutional right to have a ballot mailed to your home whether you ask for it or not. it's absurd. you know, i think, and this is just my own personal view but i think you should only vote by mail if you have a legitimate reason to vote by mail. it's because of work, because of military service, because of physical in firmity, you're

unable to vote in person and that be a fair rule to apply in every single state in this country. there's a civic ritual, a civic tradition of voting in person on election day that matters, that strengthens democracy. it weakens democracy, in my view , when people vote not only from a home, but for months before election day, under different information, under different news environments, under different sets of facts, so i think it actually erodes democracy and erodes civic culture but more importantly, it facilitates fraud, when you don't have that in-person vote. larry: i agree. i vote absentee, because i work down here in new york and i'm registered up in connecticut and they let me do it but what's interesting to me, merit garland , the doj, they didn't argue about photo id's that's been the big sticking point. they just found this little knit picking thing, and the other thing is georgia expanded it because they didn't ask for an excuse maybe you're right there should be an excuse

so i think this is all just shear dumb goofy politics and i want to add one other thing as trump said, stephen. it be nice if we could return to the days where you have an election, and let's say within the night, or the early morning, you actually know who won the election, instead of going on for weeks and weeks. i don't know, calling me old fashion. >> i agree. it's unhealthy for democracy to break that civic ritual, you don't get results on election night or anywhere near close to it. you're voting on different days, everyone is voting by different methods. it weakens democracy and makes us less unified as a country and as i mentioned earlier, it erode s basic election integrity safeguards when people don't have to show up and vote in person. i don't begrudge anybody who uses the current rules but the rules should be changed. larry: steve miller as always terrific stuff thanks ever so much. much. now f ♪ welcome to allstate, ♪

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larry: well get ready folks, the push for woke housing policies maybe coming to america , joining us now for an exclusive interview, migrate friend mark calabria, former director of the federal housing finance agency. mark, put a big smile on your face because i know the ruling went against you and you're going to get plenty of job offer s in the private sector but i want to say to you, personally , as someone who backed you going in and supported you during, you did a great job. you did a great job, and although the bidens won't give you credit, you helped stabilize fannie and freddie, you put them on more solid footings, you recap tallized them so they aren't going to go under again, and have another taxpayer crash, so let me just say that because i know they are taking pot shots at you. >> well thank you so much, larry. i really appreciate you saying that. i'm very proud of the work that i and the entire team at fhfa did the last two years and of course i'm incredibly proud of the work i did for the previous two years for the vice president working

with you at the white house, and really putting the economy on a sustainable path. i'll just say i think 2019 was the strongest year in economic history of my lifetime and i know you and i working together with others really made that happen. larry: terrific stuff. i was talking to andrew oman about you, we were texting back and forth and he said somebody has to stand up for mark and i said well heck i'm just going to have him on the show so you did good, brother. now here is the problem. not only are they going to probably stop your efforts to gradually move fannie and freddie out of the government and into the private sector, where you were making good progress, but i'm worried they are going to take the revenues from fannie and freddie, and the preferred stock and so forth and use it for crazy woke housing affordable housing stuff , maybe even crashing into the suburbs. that's what i wanted you to address. >> you know, well first of all i should mention this too during the two years i was head of fhf

a, managing fannie and freddie, we saw the largest annualized increase in black homeownership during those two years and the time we've been keeping data and we did it at a time we were making homeownership more sustainable so there's a smart way to expand homeownership growing incomes, that's growing jobs, and there's a crazy way, which is getting rid of lending standards, getting rid of down payments, and to me, that'll be destructive to the very families who will get those mortgages, it'll be destructive to those communities you and i saw this back in 2008 leading up to that crisis and i'm very worried we're starting to see the same conversations and the same push to just get rid of lending standards in a way i think be terribly destructive. larry: i just see them i maybe wrong, mark and i hope i am wrong. maybe somebody will listen to you in the future but i'm just saying i fear they are going to use fannie and freddie as a kind of milking cow, get that money in, and put it into a lot of these kind of affordability, i call them woke housing policies,

end zoning in the suburbs, it's just not good, and the country should thank you, because you were trying to push away from that, and some day those two agencies will be private because we don't need more fannies. we don't need more freddies. we don't even need more infrastructure banks do we, mark >> i really agree with you. we need to get these companies acting like normal companies again. let me say, this is why it was so important when congress setup fhfa that congress wanted this to be an independent agency to take it out of the political system. i'll remind you when this was setup as an independent agency, then senators biden, senator obama, they voted for this to be an independent agency. they said at the time they wanted to see this side of politics. i want to see this agency taken out of politics so it can do its job and empower the employees to protect our financial system, and get fannie and freddie back as normal companies again. larry: mark calabria, thanks for coming on.

good luck. good job, and good luck. >> thank you so much, larry. larry: moving ahead the president ties the bipartisan infrastructure deal to reconciliation. behind the backs of republicans really want a little bit more of the politics of this story. you know what i mean? bait and switch, bait and switch is interesting, how about lie and lie some more? i don't like that. kudlow will be right back. ladies night out, coming right up. ♪ why do you build me up ♪ ♪ (build me up) ♪ ♪ buttercup, baby ♪ ♪ just to let me down ♪ ♪ (let me down) ♪ ♪ and mess me around ♪ ♪ and then worst of all ♪ ♪ (worst of all) ♪ ♪ you never call, baby ♪ ♪ when you... ♪ ♪ say you will... ♪ carl. what have you done? think anyone will notice? yes. yeah. if you ride, you get it. yeah, they will. geico motorcycle. fifteen minutes could save you fifteen percent or more. [struggling vehicle sounds]

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no, no. i've been staying at my dad's place because of everything. grandpa: where are we going? caregiver: he's good. yeah, i know, we keep missing each other. i've been working out of my dad's house. doing some reading. i should be working out more. i just feel like i'm drowning. narrator: navigating these times can be tough, but while you care for your loved one, you also need to care for yourself. go to aarp.org/caregiving for free mental health and self-help tips. larry: okay, have some fun, ladies night out. we've got liz peek, fox news contributor, and monica crowley, former assistant treasury secretary, ladies night out. so president biden, by the way, had a nice phone call today with senator sinema, and he reiterated strong support for the bipartisan infrastructure bill and the reconciliation bill, containing the american families plan, a two-track system. funny though, funny though, liz

peek, yesterday at the press conference, when they triumphed celebrated, he didn't say anything about that, and then an hour later, liz, he says oh, oops, they are going to be linked we can't have one without the other, so, he absolutely screwed all of the negotiators. what do you make of that? is this a great political win for biden? >> um, no. it's not a political win for biden. i think it's an absolute repudiation of his campaign promise to work across the aisle. we look at that as total fraud because this is the second time that he has dissed the republican senators who tried to actually work with him. secondly, it tells us larry, is there any question that bernie sanders is running this white house? that's really the takeaway from this. bernie sanders made it clear that that bipartisan pact was not good enough. he wanted to spend trillions more and what do you know? joe biden caved within an hour of announcing that bipartisan deal. larry: and hour, not much time , monica, so let's recreate

this , monica. so he does the press conference, and then he goes back into his office, and everybody starts yelling at him, and they do a conference call with bernie sanders and nancy pelosi and maybe aoc and they say look, you bozo, you got to completely change your position because we're not passing any infrastructure bill without all of our tax and spend and entitle ment. do you think that's how it happened monica? i'm just saying. >> well, i think that's a very likely scenario, larry. actually, it took about 11 minutes for president biden to come out with that second statement and say well, yes, we were able to work in a bipartisan way to get this infrastructure thing done, but oh, by the way, i'm also not going to go down this road and let you give me another 3 plus trillion dollars on everything else that i want, and liz is right. this is the bernie sanders aoc wing of the party that biden is behold en to because that's where all of the energy and activism are in

his party so we've, of course he had to change his tune, but this was the swamp, in all of its extortionary glory. so we're used to washington being transactional, but what we now have is extortion, so biden and pelosi are now holding this infrastructure package hostage to the multi trillion dollar reconciliation bill that includes $2 trillion plus in tax hikes. larry: also, the other thing is, liz, you can't have reconciliation without a budget resolution. they are nowhere near a budget resolution. i don't think they know themselves how to make the trains run on time, but liz peek speculate for me. what if donald trump had made a deal, walked out with a bunch of democratic senators and they all clapped and then he went back in to the oval office and one hour later issues a stern statement, saying no i didn't exactly mean that. we need 3 trillion in tax hikes. i'm not seeing much media

coverage outside of the wall street journal editorial page who else is criticizing it besides us? >> no, of course it would have been a very different media reaction. he would have been called duplic ative and back stabbing and everything else. look, larry this is an appalling move on biden's part and i think it could really just tear up all plans from this , in other words if we think that agenda has stalled, i think this is a massive speed bump because not all democrats, by the way, or republicans were even on board with the bipartisan agreement. monica is right. now we're talking giant taxes, so it maybe that none of this stuff gets through. this is not a good outcome, and just in credibly stupid politics in my view. larry: yup. couldn't agree more, ladies night out, we should do this more often. i mean, it's absolutely short, sweet, right to the point. you know what? you're right. i got to get up, i think you're both right. it's going to hurt biden

politically. it's going to hurt the aoc bernie sanders group. not going to help because it makes everybody look bad. especially makes biden look bad, but makes them look bad too. all right, soon, kids we'll go more ladies night out i appreciate it monica crowley, liz peek thank you very much. coming up next how about this folks stocks roaring the economy booming so i just want to ask if it's so bad, why are they so good we'll talk about that with former utah congressman jason chaffetz next up on "kudlow" right ahead, up on "kudlow" right ahead, please s stay restless, with the icon that does the same. the rx crafted by lexus. lease the 2021 rx 350 for $449 a month for 36 months. experience amazing at your lexus dealer. $449 a month for 36 months. in a recent clinical study, patients using salonpas patch reported reductions in pain severity, using less or a lot less oral pain medicines. and improved quality of life. that's why we recommend salonpas. it's good medicine.

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larry: stocks are roaring, new record highs today, the economy is booming, so i'm just going to ask if things are so bad why are they so good? let's ask jason chaffetz, fox news contributor, former house member, jason, you're going to be what passes for our business part of the show, tonight. so thank you for that. i hope you're up to the challenge. i'm just saying many of our conservative friends are telling us how bad things are. usually, emphasizing inflation, but the reality is, stocks are booming, 401 (k)s are booming, employment is booming, wages and salaries came in today, really really strong. business investment and equipment and technology is

really really strong. markets looking through the inflation. i mean we're in a boom, aren't we? the v-shaped recovery. why are things so bad? maybe conservatives shouldn't be so bearish. >> well, i think there is room to be bearish and room to be concerned, particularly with our national debt at such highs, but i still think the country is riding a wave of a degree of optimism, but also, some fundamentals that were put in place by quite frankly yourself and the trump adminitration, and a regulatory scheme that people could work through, and i think the market is also skeptical that joe biden is going to be able to make these radical changes that he's advocating, otherwise i think the market be much more unflux. larry: you know what? good for you, thank you. i couldn't agree more. i mean, we are still playing under trump rules, because these reconciliation tax hikes have not yet been passed with minimum regulation, some attack on energy that's not good, but basically, we're booming on the

backs of the trump rules, and you know what, jason? after biden's blunder, you know, his bait and switch from yesterday, that's going to do more political harm than good, and may damage their whole left wing cause. >> yeah, those 10 senators, the republican senators need to get united locked arms and go back in front of the cameras and tell them exactly what happened. i don't think that serves them well. i think bernie sanders is right, when he says look, this is going to be the most liberal progressive president ever, and he's right. that's what's happening, and that does more damage long term. larry: conservative optimism jason chaffetz, i just love it, jason we got to have dinner soon to talk about the whole thing. folks one more little bit stay

larry: biden's double cross ain't gone that work. the l now. ♪ ♪ elizabeth: vice president kamala harris finally visits the border, but 800 miles away from where the crisis is, vice president kamala harris finally visits the order andnt accidentally visited the region where portables work. why did it take three months for her to visit after president biden named her boris sark? looks like the vice president parachuted in. when she was met with protesters with signs saying too little, too late. joining us t