>> good thing you didn't go with me. stuart: 127 million americans live? coastal counties. that account for less than 10% of the total land in the continental united states but there is a lot of people living in those coastal communities. >> fascinating. stuart: very good questions. >> they do. they're smart questions. they're tough. >> well-done, producer. good stuff. hey, neil, it is yours. neil: thank you very much, stuart. we're following that. session lows right now might have to do with former release of president biden's budget. i noticed a couple of particular items there maybe the street didn't appreciate prior. not only the tax on billionaires or small slice of population, .01% of the population, 20,000 individuals across the country and the push to tax them at least at 20% so they don't dodge the taxman all together but there is another wrinkle in this that i guess caught some by surprise, this notion that a

hike in a corporate tax, the administration is not giving up on that. as you know the corporate rate is at 21%. they tried mightily, in the first year, the biden administration to raise to little avail. they're revisiting that in this latest budget to hike it to 28%. been there, tried that, didn't succeed at that but that wrinkle probably maybe has added to the selling pressure here. that is just my guess. that is no one else's, i might hasten to add that. also this covid shutdown in china, in shanghai particularly, that is a big "business center," the home of shanghai disney which is shut down through the covid spikes, now we're getting indications it could last a while here and that they divide the population, about 25 million, half would be locked down, the other half would be locked down. suffice it to say business activity then would be ground to a halt. that is not greeted favorably. that is a big demand hit. one of the reasons why oil is

down to the degree it is, fall about 8%. these lockdown fears, again, are thought to maybe spread to other areas not only in china but in europe, places like italy, they see the spike in cases there is always concern that could hit here. when i talked to dr. anthony fauci bit. we have to watch. there is always the delay what happens in europe to eventually hitting us. said this will not be like before. we'll explore that in more detail. meanwhile exploring these russia-ukraine talks that resume tomorrow formally in turkey. i think you know the drill now. hope springs eternal. something always falls apart at the last second. they're still chilling on the president's unintended added line from this weekend he talked about vladmir putin cannot remain in power. peter doocy following these fast-moving developments from the white house. peter. reporter: neil, first on those talks, it is entirely unclear if the russians are willing right now to take things seriously

there. so there is a holdout of hope for that on the ukrainian side tomorrow. as for that comment, those nine words, the president spoke on saturday and the world heard a call for regime change. now we have heard from the president himself. he is saying, that is not what he meant. reporter: mr. president you asked for putin to be removed. mr. president, were you calling for regime change? president biden: no. reporter: america's top diplomat had to quickly come out to explain u.s. policy. >> president putin cannot be empowered to wait for or engage in aggression against ukraine or anyone else. as you know, as you heard us say repeatedly, we do not have strategy of regime change in russia. reporter: that is very interesting. that must be the talking point circulating around the administration as the u.s. ambassador to nato used almost

those same exact words. >> the u.s. does not have a policy of regime change towards russia but i think what we all agree on is that president putin cannot be empowered to wage war. reporter: 40% approve the president's job performance in a new nbc poll right now and on ukraine specifically just 28% of those polled say they have quite a bit or a great deal of confidence in this president's ability to handle this crisis. >> biden needs to stop talking and to start acting. stop telling biden or putin what he is going to do. giving every resource you can to ukrainian people. rally nato to do the same thing. biden has to start acting, getting these things done, stop misspeaking. port board we expect to see the president this afternoon that he rolls out a budget white house officials are actually claiming would reduce the deficit.

the president will explain how that works at about 2:45. neil? neil: i'm curious, a lot of people said he added that line extemporaneously. almost every individual i'm talking about ukraine, outside of ukraine saying sanctions should remain in effect against russia even after the ukraine war is done hopefully peacefully, am i cannily whatever you want to call it but to a man or woman all say the same thing the sanctions were remain in effect as long as vladmir putin is running russia. having said that is what most of these leaders endorse really that far from what the president might have inadvertently planted? reporter: that is a great point and what this white house has not done is plain why they do not support regime change in russia. they have said they don't but have not explained what it is about regime change, again when you listen to the president pretty much exactly what they called for, why they don't want

to see that. we're hoping in a briefing later, maybe from the president himself if he fields any questions to figure out exactly the why. they have said the what. they have just not given us the why yet. neil: it is weird. thank you, my friend, very much. peter doocy at the white house. let's get the read from the pentagon we find our mark meredith. the peace talks resume tomorrow, high expectations for them here. all of this on russia trying to secure the land it has already gotten. i am wondering if that is how russia is preparing for peace talks this is the land they get to keep what do you think? reporter: there is a lot of questions what the russians will present. i have news we just learned from the pentagon. the u.s. is getting ready to send six highly advanced naval fighter jets from a base in washington state, to a nato base in germany. these are the ea 18-g growler

aircraft, provide jamming and electronic protection for military and u.s. allies. when the jets are going to germany. they're not going to be sent to ukraine. they're not taking on the russians. this is something of an effort to bolster nato defenses as we heard from about russia. we heard from a us air official, as of at least right now 1300 missiles have been fired by the russians since the war began in ukraine. there sees no sight to the end of the war. a russia military official last week said phase one was complete and focused on capturing the donbas region and this is from people may be an effort for russia to save face. increase of troops killed in action and many of their own commanders facing logistical challenges. idaho senator james risch he is not surprised russia may be looking to save face here. >> it is war, lucky if you keep

pounding, trying to pound a square peg in a round hole and it doesn't work and that is what they have been trying to do day after day. reporter: the u.s. is also continuing to credit the strong performance of u.s. military and everyday citizens helping to stall russian forces in the efforts to capture major cities which they're not able to do including the capital kyiv. the president praised his fighters and criticized nato countries for not giving ukraine everything it is asking for. officials say they look what else can be done. secretary austin was with the president last weekend, looking what was going on with nato and as well as eastern european countries like poland. officials insist they are sending whatever they can, talking about body armor to bullets to continue to boost ukraine. we learned, neil, weapons shipments ongoing even before the war began, they are underway before now. even as russians threatened to attack convoys repeatedly, so far no attacks have been carried out. neil.

neil: mark meredith, thank you very much for the update. to alex hogan to lviv, ukraine, not spared what is happening with the rest of ukraine i should say with russia attacks on the city proper, outside particularly an oil refinery and much more. alex, what's the latest there, how are things looking? reporter: hi, neil, well it is a pretty normal day right now. we did hear some sirens earlier on but as you mentioned the attacks taking place on saturday really rattled many people who live here. many of the refugees who have come here. one thing to note since the start of the russian invasion russian troops have failed to fully take over any major city in the country and ukrainian troops are slightly shifting, turning to the offense i have. the mayor of irpin outside of kyiv, said ukrainian troops have managed to fully take back their town. russia on friday announced it would shift the troops moving them more toward the eastern part of the country.

that is completely different from what we saw here in lviv with this attack striking about 45 miles from the border of poland where president joe biden spoke on saturday. the mayor in lviv calling it a clear message to the u.s. from russia. strikes here on saturday mark the closest attacks to the city center we've seen since the beginning of the war. they struck not only an oil depot but a factory. both of which are used by the military. both of those sites were hit twice. meanwhile in mariupol the situation there continues to deteriorate. people do not have access to water, they do not have enough food. people are making makeshift graves to bury their dead. half of the residents in that city have fled the town. today the mayor there says about 160,000 people are trapped, trying to get out after continued shelling and bombings there for weeks. we also have new footage of a ukrainian state emergency

services in mikoliv, searching for bombs yet to detonate. as people flee the towns, humanitarian aid come to support the people who stayed behind, many residents are too afraid to leave their homes. for those who have fled, 10 million people are displaced, a majority of them have come through lviv, either to cross into other countries or simply stay here for refuge. the attacks two miles from where i'm standing shaking people to the core wondering if this safe he have refuge in lviv will stay safe. neil: thank you very much, alex. to claudia rosett, former "wall street journal" bureau chief, her read on these peace talks will resume tomorrow. you've been pretty cynical about the progress both sides will make at these talks because

they're diametrically opposed of course. are you still less hopeful in this latest round? >> i'm not at all hopeful there will be a good result. i mean there might be at some point a deal but i don't think it is going to be a good deal. this is something where ukraine simply needs to win. they need to get the russians out and they need more support from the u.s. and our allies than they have been getting. it is that simple, neil. neil: so if they don't get that now, you see the new jets that we're providing and we're going to be stationed in germany not for use over ukraine but obviously the message to russia is we are beefing up our nato security forces period, what do you make of that? >> well, that's great for nato but it actually doesn't help ukraine. we're getting all these statements, the posturing and so on what matters really is the battle on the ground or in ukraine and in the skies and so

on. we've had the bizarre scene at this point of the president biden's gaffe that putin cannot remain in power, you might assume a pretty big provocation even if an accident and at the same time the visible fear of the united states of provoking putin by providing the air cover that they have been requesting and so on. the problem we can keep on beefing up nato, that is great, i'm all for it but it is ukraine actually fighting this war. that is where the real effort needs to go on. neil: so, claudia, when the president said what he said, a lot of people have been trying to clean up after the remarks but how different is it from ronald reagan calling the soviet union an evil empire and a lot of people around him winced at that? isn't the policy of the free world, especially that part that has sanctions now imposed on russia, that those sanctions are going to remain no matter how the war works out as long as vladmir putin is in power in

russia? so what's so different? >> well, if you look at what president reagan actually said, two big things are different. the biggest thing that president reagan had a strategy. he was really actively working to beef up the u.s. military, to, he ran the soviet union into an arms race. they did not have the resources to win. neil: that's right. >> and president biden is not doing anything of the kind. we don't have an arms race going on. our military budget is the most pathetic part of a over plum u.s. budget. the other thing president reagan was so beautifully calibrated what he said. he didn't call for regime change or the collapse of the soviet union even if he was working to undermine the soviet union. what he said he called it accurately an evil empire. fine. if you look what he said at the berlin wall, that fay famous statement, he didn't say mr. gorbachev, resign, leave

power now, he said mr. gorbachev, tear down this wall. the message needs to be stop this war. it is about actions. it is not the u.s. policy to actually call for regime change in which case we would declare war on russia. you just don't say that. that is the prerogative of people who want to talk with their neighbors. it is not for the u.s. president in an emotional outburst to say it with no strategy to back it up. is what is missing, neil. neil: real quickly, claudia, if the end result is the better for the world would be vladmir putin no longer in pow power, no matter how you say that or in tone that, isn't that what the world, the major powers certainly want to see? >> i think so. it certainly would be a good thing for vladmir putin's 22-year dictatorship to end in russia. relying on sanctions to do that is not a great strategy. that would be dumb luck.

look at cases of sanctions in north korea. it didn't stop their nuclear program. on iran, here they go. in fact president biden is handing iran great leverage, not iran, iran great leverage at the nuclear talks, while calling for in an emotional moment for regime change in russia. sanctions will erode. what is most important, neil, president biden should open up u.s. energy. we need that. that is how you fight putin and he should build up the u.s. military. those are the two big, big factors. they're not happening. sanctions are unlikely to do it and calling for it at sort of random moments is really unlikely to do it. unfortunately that undermines the credibility of the u.s. president, not vladmir putin's regime. so we kind of -- neil: good point. yeah, no, i didn't look at it that way. claudia, you're right about that. claudia rosett, looking at these latest developments whether

intended remarks or accidental remarks, they are what they are. we have a lot going on domestically here. a lot of people are picking through the budget the president has submitted right now. he is giving another go at a corporate tax hike from 21 to 28%. i know what you're thinking, been there, tried that, didn't succeed at that he is going after billionaires with a minimum 20% tax. those with assets of $100 million or more. he been there, done that, failed again. the other big point he said reducing the deficit by a trillion dollars over 10 years. that sounds impressive but the overall debt of the united states will go up by more than $10 trillion over the same 10 years. we pick apart. you decide. ♪.

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neil: the president released his latest budget, his tax-and-spending plans. one of the big thing he harumps, that we will pare spending and reduce the deficit, not only year-over-year. we're coming at a time we have three trillion in red ink, they think it will be two trillion range so it is down. it is pretty substantial. they're talking as well about

decreasing the deficit about a trillion dollars over the next 10 years. i should posit we add a trillion dollars to our debt every year. so in 10 years we'll have $10 trillion more in total debt with a combination of all of our deficits which means the trillion dollars less is coming off the trillion dollars off the 10 trillion in combined debt that we'll have. so that is another way of looking at it. but again, you know the devil is in the details and we're going to get more details later on. hillary vaughn meanwhile focusing on revenue raisers the administration hopes will stick by going after the very wealthiest. hillary. reporter: hi, neil. that is exactly right. president biden's budget putting a bullseye on billionaires as a way to bring down the deficit but not by spending less but instead taxing more. president biden wants to put a 20% minimum tax rate on people with more than $100 million of estimated wealth. doing so the white house says

would bring down the debt by about $360 billion over the next decade. the top democrat on the senate finance committee, senator ron wyden says that democrats in congress are on board saying this, president biden has put forward a solid proposal that would insure billionaires pay taxes every year just like my billionaires income tax. there is no way to fix our broken tax code without getting at the problem of billionaires avoiding taxes for decades if not indefinitely. but it is more than just the rich that are not paying taxes. a sizable number of americans paid zero federal income tax in 2021. the tax policy center the stimulus checks paid out during the pandemic got people out of paying income taxes because the stimulus checks were designed to be refundable tax credits. 57% of households are exempt from income tax in 2021. that meant 100 million households did not pay any

federal income tax. republicans say things like that are blowing up an already ballooning deficit. >> here is what is unfair. we have people that, could go to work and have figured out how to have government pave their way. that's not right. they ought to have some skin in the game. i don't care if it is a dollar. we ought to it all be in this together. reporter: neil, to your point congress needs to be on board with this. there have been several people who have opposed, democrats of course, republicans the wealth tax including senator joe manchin who called that divisive and he also, he along with senator sinema both came out against the 28% corporate tax rate being raised to that as well. neil? neil: hillary vaughn, thank you for that. thank you for clarification of that. scott hodge, the tax foundation president. scott, you probably looked at this in a lot more detail than i have but a quick cursory review of the numbers over the next 10

years we're still adding debt to the tune of a little over nine trillion dollars without this plan. without this plan it would have been $10 trillion. we're still adding nine trillion dollars and acting like we hit a home run. we haven't. >> not at all, neil. i've been in washington 35 years. i have seen a lot of budget deals that promise a certain percentage of spending, a whole lot of tax increases. we end up getting tax increases and none of the spending cuts. so i suspect this will be the same. take stock here, neil. inflation is now taxing the u.s. economy at 7%. harming american taxpayers with that. the fed is about to raise interest rates in order to slow economic growth in order to deal with the inflation. and now the white house is proposing over two trillion dollars worth of tax increases that are targeted at u.s. companies and capital markets. this is a wealth tax. it's a wealth tax on u.s.

capital assets such as stocks and privately held businesses. that cannot be good for the u.s. economy especially during this period of time. you really have to wonder who the economists are over at the white house that think this is a great idea. this is really ideology over common sense. neil: scott, another thing too, we're very creative when it comes up to ways to raise revenue. we're not very good when it comes to ways to trim revenue. at least trim rate of increase. we never go year to year with a smaller budget than we had the year before. so i get that. this makes a mockery of that. we've seen it, the best budgets proposed are the best budgets disposed but the reality is, unless we get spending under control all these other creative means by which we hope to raise money to pay for that spending never comes close. >> you know, remember, during the reagan administration david stockman was pilloried using

rosy scenario but he built the budget, his first budget which claimed a lot of spending cuts on this baseline notion, meaning what we do, we build in huge spending increases into the budget. then by slowing the growth we claim we're cutting spending so you're right it makes a mockery of this whole notion of trimming the size of government. but much of government is on autopilot threw all these entitlement programs which make up 60% or more of the federal budget. and so until we deal with those problems the massive growth in social security, medicare is going bankrupt, other entitlement programs are out of control we will never deal with this budget problem. neil: you're right about that, scott. you said it in english. it got through my thick skull. so good for you. scott hodge, tax foundation president. owed to scott on this, let me put it in layman's terms too, like saying that in the next 10 years instead of gaining

50-pounds, you gain only 40-pounds and you brag that you have lost 10-pounds. you're still 40-pounds heavier. you're just not as heavy as you thought you would be and everyone is supposed to celebrate you being in fine shape. you're not. you're one big fat mess. we'll have more after this.

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♪. neil: you know stocks really don't change the math on anything but investors seem to like them and word elon musk is looking to do that for tesla right now has the stock up 7%. susan li exploring all of that. susan? reporter: neil, i would say the stock splits caught on last few years. it as you said doesn't change the math or value of the company but it helps if you're trying to get into the dow jones industrials. as you know it is price weighted so the cheaper value helps you get inclusion, if you get in the dow jones industrials that amazon and google are trying to

do, that means index funds need to buy the stock that means more demand, the stock price goes up. this summer are we expecting to split first time this century, haven't slit split the stock since 1999. google tag the same thing, 20 for one. teslas did that two years ago, that was a five-for-one stock split but this time around, they're looking to get approval at shareholders meeting in fall time. don't expect it in the upcoming months. when they do get approval we're still waiting to hear how many stocks will split. really the additional shares will be used pay out as dividends since we know tesla wants to improve their cash. neil: shareholders get both, a split and dividend? reporter: that is right. how they get paid a dividend and stockholders are rewarded for their loyalty. this morning you had elon musk,

tweeting this morning he tested positive second time for covid. a man tied to the company you would think this would be stock negative. everyone is reacting first of all to the risk asset rally that we're seeing. also to the fact maybe we'll get more tesla shares out there. neil: yeah. i think these days, i mean this would have been a very different reaction a year ago when we were in the throes of still serious cases. now you don't want to minimize this, i certainly don't of all people. reporter: right. neil: we have a better handle on it than we used to. you're right, it bears watching. let's go to the a blockchain ceo. he has a tesla, because he bought one probably with some of that bitcoin cash. grant, good to see you. >> good to see you. neil: what do you think first off of tesla? you've been driving around in one. you just heard what elon musk wants to do, what do you feel about this? >> definitely one of the most

innovative companies the last 20 years, just from driving one personally, made me realize it is almost a no-brainer for the entire industry to shift into electric. if you think about the basic difference between a combustion engine car and an electric vehicle. you have so many moving parts. you have to get oil changes. when your week is going great, all of sudden engine light comes on. with a tesla there is almost no moving parts besides the tire. you have no maintenance at all with the vehicle. it has been an amazing car. drives itself for me. so i can watch neil cavuto in my car on the freeway. absolutely. it has been a fantastic war. it is obviously an unbelievable company. they will do great things over the next decade. neil: talking about tesla until the cows come home, reaction what is going on with bitcoin? even money on the year. last few weeks have been especially impressive. i'm wondering what is driving

it? normally it and stocks go in different directions. last couple weeks they go in the same direction. what do you make of it? >> i think fast adoption. as far as things go, new industries, this will be one of the most quickly adopted industries in the last 100 plus years. we're seeing major, major corporations different things, big news out of exxonmobil, conocophillips, they're now mining bitcoin which is hard to even process that the largest oil and gas company in the united states is now mining bitcoin with excess energy production. people are seeing the viability of it. they're seeing the future and benefits of, you know, their business and the revenue and profitability of it, and it is making sense to people. also what i think, too, neil, what is driving this increase is all of the stuff that is going on in the world, all the chaos, people are starting to realize not being able to be controlled by outside sources is a necessity, whether you're a

country, whether you're a company, whether you're an individual. you don't want to do something wrong and have all of your assets are suddenly frozen. people realize, man i need to hedge percentage of my capital into bitcoin to protect myself long run with inflation and everything else. neil: as you know, we talk about this real quickly before, grant, bad guys can hedge too. >> right. neil: there has been a crackdown on this sort of thing. >> sure. neil: how do you feel about that, you want to chase out the bad but in so doing you destroy the whole investment rationale? >> right. you have to pick your poison. if you think about it, we don't want a bad guy to yell out crazy things but do we want to take away, for example, freedom of speech for everybody else? the way we have to look at money, do we want outside sources controlling our pocketbooks? we need to go after the bad guys regardless. we need to make sure it is regulated in a fair way, it is

competitive, everyone can compete, it is still fair. bad people can buy stocks. bad people can buy real estate. eventually within the dark comes to the light. i think we need fair regulation that make as competitive playing field. it also gives everyone a opportunity to go out to have success in their finances. so i think it is, you have to pick your poison. you have to find a food good landing ground to balance the two. neil: grant, good catching up with you. enjoy the tesla. the m.i.t. blockchain ceo. we're following other developments in shanghai with a lockdown affecting 25 million residents t already shut down shanghai disney. other folks say it spread to europe. a mater of time before it spreads here. all of this as a lot of mandates start going away in this country. are we letting them go away too soon? the debate after this.

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reporter: welcome back to cavuto "coast to coast." i'm lydia hu. the majority of americans 83, say covid is at least somewhat under control. more than half of those people say it is mostly or completely under control. that is why some are asking when will unvaccinated workers be able to return to work? here in new york city where the vaccine mandate still stands for government workers, more than 1400 people were fired for refusing to get the jab. adding insult to injury is the mayor's announcement just last week that a special exception for unvaccinated athletes and performers will allow essentially the rich and famous to go back to work while the average teacher or police officer is still sidelined. >> you can't pick and choose who gets to keep their job and who gets to provide for their

families. it's not fair. it is not american. reporter: municipal unions are outraged and lawyers tell me city workers who were fired will likely sue. if we look at the private sector we see that, as we see the country is starting to think that we're gaining more control over covid companies like boeing and starbucks and ge, they're all relaxing their vaccine requirements. in fact starting today at united airlines roughly 2200 unvaccinated workers who received exemptions can begin returning to their regular paid positions after being placed on unpaid leave last year but, neil, this is infuriating news for about 200 unvaccinated united employees who were fired over the mandate because they did not qualify for an exemption. those couple of hundred will not get their jobs back, neil. so you can see as we start to

see the rollback of these vaccine requirements some inconsistent results as applied to the unvaccinated workforce population there. neil: big inconsists. thank you very much for that, lydia hu. after celebrating a oscar win will smith survive the slap. after this. >> okay. i'm out here, uh-oh. [laughter] oh, wow. wow. will smith just smacked the [bleep] out of me. a goal to work toward, or the freedom to walk away. with 200 years of experience, personalized advice, and commission free trades on an award-winning app, we are working for you. planning. investing. advice.

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♪. >> that was a nice one, okay. i'm out here, uh-oh. [laughter] oh, wow, wow. will smith just smacked the [bleep] out of me. neil: all right. you my seen that once or twice. i keep noticing every time this is replayed, chris rock didn't even flinch, didn't fall, doesn't make sense to me. what do i know? i know christina coleman, an expert on all things hollywood and tinseltown. maybe she can explain what happened there. christina, what is the fallout from this. >> hi, neil. will smith went on stage slap ad

ledge edge dairy comedian which they. he talked about jada pinkett-smith's shaped head. she suffers from hair loss condition alopeci. unclear rock even knew that. he laughed at the joke for a second. before he stormed on stage slapped the comedian on stage upside his head. here is the exchange. >> oh, wow. wow. will smith just smacked the [bleep] out of me. >> get my wife's name out of your [bleep]ing mouth. >> wow, dude. >> yes. >> it was a gi jane, joke. >> keep my we've's name out of your bleeping mouth. >> i'm going to, okay? >> despite smith's curse ridden shouting, hollywood megastar was allowed to stay at the oscars and receive award for best actor. during the acceptance speech he

apologized to the academy and other nominees. he did not apologize directly to chris rock. >> i want to apologize to the academy. i want to apologize to all my fellow nominees. love will make you do crazy things. >> the academy released a statement saying in part it doesn't condone violence in any form. the academy has and removed members for misconduct. but that clearly didn't happen last night. chris rock isn't pressing any charges. there is growing calls for the academy to take smith's oscar away. the organization currently does not have a mechanism in place to strip an actor, to strip an oscar from an actor, however the "new york post" reports from its sources that the academy hasn't ruled out removing the oscar over this incident. after the show smith was apparently dancing and rapping in a crowd to one of his own crowds at an oscar afterparty. debate whether he should have been allowed to stay at the oscar's after assaulting chris rock has taken storm all over social media.

there is a lot of debate about it. neil? neil: whether they take the oscar away or not, he still won the oscar. people will have it written down he won the oscar. man, oh, man, thank you very much for that. go to doug eldridge about all this he normally talks about the pr smallout in sports. he is a good judge of this. not that anyone ever slapped him. they might thought about it, but never exercised it. and paul, topics usa. good to both of you. fallout, taking away the best oscar win, too much or what for will smith? >> well i do think it was interesting that he didn't apologize directly to chris rock and the number one thing that pops into my head, if this would have been kanye west for example, or if race would have been different, if it would have been a white celebrity, a white actor went up and slapped chris

rock in the face, reaction from the crowd and public would be completely different. there is no way if kanye west, for example would have done something like this at the grammys he would not have been walked out with armed guards. so farce taking award away, it is interesting, after the "me too" movement, the academy put in place we don't stand for violence of any kind. so if that is the case, that would be you know, the after whole me-too fallout. this would be hypocritical of them not to take the award away. neil: i don't know if it markedly different with kanye west, but it might be. doug, what is the fallout or pressure on the academy? does it have to do something? >> it is going to be interesting. you know you mentioned sports in the intro. if you contrast it to the nfl per se, a drug infraction has delineated policies, first time four games, eight games, entire season, standards of code of

conduct is really ambiguous or non-descript what it defines appropriate conduct and what constitutes assault. as we know on the intro chris rock is declining to press charges and will smith won the oscar, academy awards won the night. they were in viewing decline since 2015. the 2021 was lowest viewership in history. they recorded 2.2 from 18 to 49. that demo pays the bill. if you look at other comps mr. cavuto, the graham mys were on the slide after the janet jackson nipple gate. baseball was on decline before the home run race with ma dwyer and sosa. the oscars were winner in perhaps of viewership, in terms of social media traffic. the jury is still out, the court of public opinion what will happen to will smith.

neil: all right. that is hell of a way to get a ratings bump but having said that, alex, will it change people's views for example, next year's oscar, there might be a fight or someone punching another guy or another woman? really? what do you think? >> speaking as a young viewer, i'm a young millennal. i know gen-zs and millenials are watching award shows. all of us will tune in next year to see if something like this will happen. exactly like what he just said. we're -- [inaudible]. neil: you know, doug, i don't want to be this black helicopter crowd here or paranoid about something rock barely budged when he was hit. resumed talking and joking afterwards. i'm not saying it was fake but i'm saying it could it be fake? >> you raised a good point. in the zapruder film was this

oscar tape, if you view it frame by frame a couple of my nfl clients, dougie he had a wide stance coming into it. he wasn't blown back, a guy two inches taller, 45-pounds heavier. he played muhammad ali to a t. there are a lot of question marks. i don't know where the second gunman on the grassy knoll here but there are question marks. we're stairsteps between you and two guests, every generation is talking about it. that is why i say, with no tongue-in-cheek intended, oscars were big winner. at some point you put your paddle in the water and change direction of canoe. maybe will smith get as handshake when we walk away. entire country is talking about it. the entire world is talking about it. the academy will be better off for it, especially calculate 30 second ad buys going into 2023. neil: we'll watch it closely,

guys. want to thank you. meantime, if this happened in business news me and varney. you're going down, brother. no, this wouldn't happen. more after this. it just seemed like the thing to do. but he was getting picky, and we started noticing some allergy symptoms. we heard about the farmer's dog and it was a complete transformation. his allergies were going away and he just had amazing energy. it's a no-brainer that remi should have the best nutritious and delicious food possible. i'm investing in my dog's health and happiness. ♪♪ get started at longlivedogs.com

muck ♪♪ if. ♪ ♪ ♪ neil: you know, one of these days the prime minister's going to submit a budget -- the president's going to submit if a budget that's in full balance.

of course, this is not that day, and this is not that president. of course, none of his predecessors, you know where, launched with such a budget, so why should he be any different. but what's interesting about this late budget is that it says it's going to reduce the deficit by a trillion dollars over ten years. until you read the fine print and and realize it's going to add about a little bit more than $9 trillion to our total debt, which is a combination of all those annual deficits in the decade. and brag about the point that it's not going to be $10 trillion, it's only going to be $9 trillion. so again, i liken it to saying someone who promises to lose 50 pounds in a decade and ends up losing about 10 pounds and still argue that they lost weight during that time when, in fact, they gained 40 pounds. it's that crazy. but, but that is the way washington works. edward lawrence knows it very, very well. he's been looking through this

thing and its odds of ever becoming reality. edward, what are you finalling out? >> reporter: yeah, very interesting how this works. as you know, congress controls the pursestringings. this is a proposal from the president. he's going to talk about it in about two and a half if hours or so, the president's going to talk about this $5.8 trillion budget proposal he has to increase spending for defense in this as well as large amount of spending for what he's calling his unity agenda now. that's the agenda where he wants to spend money to bring health care costs down, to bring the cost of childcare down, to give what he calls essentials for family, services as well as mental health andal of the services -- and all of the services americans need related to mental health. to pay for all this, the president is going to ask for a billionaire if's -- billionaire's task. the irs would have to figure out the value of increase to various businesses and properties to see who qualifies for this tax.

the budget also a raises the corporate tax rate to 28%. that is the original rate the president wanted last year which was a red line for senator joe manchin. the budget also calls for a minimum corporate tax rate in general as well as fees for companies deemed hiding revenues overseas in foreign countries. senator john barrasso says this is deaden on arrival. >> i'm expecting a joe biden budget that is still living in the past. i expect the budget that we're going to see is going to be more debt on arrival, and it is going to be dead on arrival. >> reporter: the criticism coming and the right and the left. senator bernie sanders says this: on a time when we are already spending on the military more than the next 11 countries, we do not need if a massive increase in defense spending. it can increase spending on social programs too, it actually leaves a hole to be filled later for the cost of the social spending package. the omb director said that that is because that package is still being negotiated, and they

didn't have a cost to put into the budget. so the budget also assumes, get this, neil, an inflation rate of 4.7% and 2.3% for years after that. the assumption now, as you know, well more than that, so that could be an issue. but again, congress is the one thats' going to decide on any of the money that is spent. back to you. neil: all right, ed. meanwhile, worrying about something happening half a globe away, happening in sang high all but -- shanghai all but shut down because of the ba-2 subvariant, an issue i took up with dr. anthony fauci who said he's watching it, but he's not panicking over it. >> over time it likely will be the dominant variant world wild. it does not a-- worldwide. it does not appear to be any if more serious when it comes to complications like the need for hospitalization and advanced disease, and it doesn't appear

that it escapes immune protection if any more or less than the original omicron. neil: but it has been enough to all but shut down shanghai, big industrial in japan -- i'm sorry, i china, also shuttered disney indefinitely. that's a city of 25 million people being shut down a half at a time. madison alworth is following all those developments. >> reporter: hi, neil. we see here health officials are not so concerned, but that is not the case in china where 25 million residents are now going into lockdown, weeks after the government denying it would impose blanket restrictions, but here we are. half of the chinese financial hub is under lockdown today, they will be for four days, and then the second half of shanghai will go into lockdown on friday, also for four days. residents will be tested for covid-19. to prepare, citizens grabbed as much produce and supplies as

possible before one of the nation's large cities completely shuts down. if shanghai is a hub for finance and international business, also it's home to the world's largest container shipping port, shanghai international port group, has said that the ports other than for extreme weather remain 24-hour operational, but there are questions as to whether that will remain the case with this new lockdown. with it being the largest shipping container port, there is renewed concern that supply chains will be backed up again. you know, while the rest of the world has largely accepted that covid is probably here to stay and has shifted to a mitigation strategy, china continues its zero tolerance policy, a domestic decision that has international impacts. it's also having impacts on oil. prices went down on sunday after shanghai authorities announced the city's lockdown. during it ride-hailing services and public transportation will not operate, and only approved

vehicles will be allowed on the road. the slide signals a concern around demand with china being the largest importer of oil. another thing that could be contributing to the shrewd, neil, is that there's another round of peace talks expected between ukraine and and russia for this week. neil? neil: all right, madison, thank you for that. well, as madison accurately pointed out, the fact that shanghai is all but shut down obviously has demand for oil coming down. whether that's an overreaction, anyone's guess, but let's go to some very good market reads, jon than hoenig -- jonathan hoenig and danielle shay. is that justified? just with this news of this variant taking shanghai kind of, you know, in lockdown, that it's going to lead to this demand also for oil falling down precipitously? do you agree with that? >> yes, neil, i do agree with it because, you know, the transportation sector when it

gets hit is going to have a mass i impact on oil. however, i'm still looking at the energy sector as a relative strength, strong sector, and when it falls on news like this, i still want to trade it to the upside. because while, yes, the china impact is real, overall the impact that we're seeing from russia and ukraine as well as just supply and demand, we're going to see energy prices continuing to go higher. neil: you know, jonathan, just when we think we're free of the grip of covid and the effect it might have, news like this -- and i'm not saying it's worthy of a panic reaction, but it does remind you how it's still very much top of mind for a lot of folks, investors included. what do you think? >> you know, neil, interestingly, chinese stocks have been underperforming for a long time, for a dramatic months now. and often, time and time again, the country's had more -- the countries who have had more open

market policies have outperformedded. but i think inflation is the long-term effect here. the ukraine war, the chinese response to covid, that's a short-term blip on the market. inflation, this is something that could last a decade or more. you can't underestimate it, neil, investors in very safe u.s. bond funds have lost anywhere from 8-12% just this year. so a drop for a day in oil isn't as much of a worry to me as long-term inflation which isn't going away. neil: you know, the joy to ration in rates notwithstanding -- gyration, even today, danielle, we're looking at returns that go back three or four years, and a lot of people are saying especially with the 10-year note now in and out of the 2.5% range, they're going to go still higher. what does that mean for stocks? because stocks have been absorbing a lot of these body blows. >> well, you know, neil, it is not good for stocks because when we're looking at the overall

situation right now, i mean, the yield curve is telling us that we absolutely could have a resecession. and -- recession. and i'm looking at a variety of factors right now. inflation, as we know, is out of control. i think that the biggest problem right here is that the fed is going to try to attack inflation by raising rates, but the fact of the matter is they're not going to be able to control the situation in this russia and ukraine, and more importantly, commodity prices. commodity prices are skyrocketing. of course, you have energy prices that are skyrocketing along with food prices, and and i just don't think that the fed is going to be able to control it. so if they raise rates in a high inflationary environment, that absolutely could send us into a tail spin. neil: make curve worse or shorter term or securities are eclipsing those longer-term ones. normally, that leads to a slowdown. we're back to a level that we weren't at since 2006. we all know what came the next year, we know what followed that

year. do you think we could revisit that? >> well, neil, every single recession since 1955 has been preceded by an inversion of the yield curve, exactly what you're alluding to. i mean, sometimes it comes six months, sometimes two years after that. closest to is 00% -- 100% signal as you can ever get. remember, however, neil, bigger picture about inflation, it's not caused by supply chains or war, it's caused by government expansion of the money supply. and you've been talking about, biden's going further in that direction, spending more and deflating the currency more and more. this makes it not just more expensive for everyone here at home, but it also makes it more difficult for companies to plan or invest lock term -- long term. you don't know what your costs are going to be 3-5 years into the future, so this is a real detriment long term. we talk about what is unseen in the marketplace, this is going to be a long-term drag on the

market. as long as biden keeps spending, we're going to keep treading water. neil: he's not the only one spending, my friend. but don't wander too far. we are looking at the biden budget. it's very creative with ways to come up with revenue including a plan to focus on undertaxed profits for multi-nationals and enforce a 15% global minimum corporate tax. there's also a feeture in there that would require -- feature in there that would require congressional proposal for a pop-up tax to insure companies pay that 15% global minimum and a new -- that do not adopt global minimum tax standards. in other words, very creative ways to come up with more money, very little about policing how much money we're already spending. we'll have more after this. ♪ ♪ growing up in a little red house,

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neil: all right, hine e ken, the latest company to say, egg well, it's not going to stick around in russia, pulling out right now, all of this at a time when russian soldiers are trying to cement the positions where they already have pretty significant traction. connell mcshane following it all. >> reporter: well, neil, we talked on friday, i think, about the they'll shift in --

potential shift in russian strategy to seal off the gains they made or are making in the southern part of ukraine and, maybe to some extent, the eastern part of ukraine, take those gains and kind of split the country in two. now, we're basing a lot of in this on what's being said, not necessarily on what's being done. i think that's important to emphasize because there is heavy fighting, missile strike ises, bombings in other parts of the country not just on this eastern side. now, that said, if we are going to see that strategy come to fruition in the coming weeks, you have to watch a place like mariupol, right in here. some of the fiercest fighting still taking place in mariupol, and you see the strategic significance of that city which has all but been destroyed at this point but not surrendered. in between areas in the donbas region that are already controlled by rush a and the crimean peninsula down here. if you want of to have this whole area and, again, go back to that term of split the country in two, you would need

to control mariupol. now, we'll take a little bit of a closer look at that eastern part of ukraine because there's been so much focus. mariupol is right down here. the mayor of this city, again, to go back to the destruction and the heavy fighting, said earlier today that 5,000 people have died in the city of mariupol as the fighting has intensified there over the last few weeks. but even with that said, it has, again, not been surrendered. so this is all russian either controlled territory or areas where their troops are in a good position. you don't see as much of a counteroffensive here to the west of mariupol, you do certainly up in kharkiv, we've still seen that, so that might be the area, neil, that the russians are foxing in on now. we'll see -- focusing in on. that certainly seems to be what people are focusing on today. neil? neil: you got a lot of red in that map, connell. thank you very much. that's a good point to pick up with general phillip breedlove, distinguished chair of the middle east institute. general, honor to have you with,

thank you. what do you make of all that red on the map? the talk lately is that russia wants to make sure of to have that locked down and that these talks resume tomorrow in turkey as they're scheduled to, that will be one of vladimir putin's demands, that we lock in place a map that stands in place right now. what do you think of that? >> there are two thoughts there. first of all, we have to remember the russians are famous for a term they call -- [speaking russian] , and this could all be a diversion to take their mind off of them refitting and getting ready for another push in the wes. so we need to be careful, because we till see heavy fighting in the west -- we still see heavy fighting in the west, if that could mean they're still concentrated there. on the second piece, he has had failures, and now he's trying to find a way to put together something to call a win and to come out of this in the negotiations with something he can show his people that this was all worth it.

because they have also played an incredible -- paid an incredible price. i think we need to be paying attention to both of these options. neil: so the one option that you touched on is, you know, president zelenskyy might not have an issue with the neutrality thing, whatever way we describe being neutral, but he could have a very big issue -- that is, zelenskyy -- with russia trying to lock in place this demand of keeping the land it's already won. so that seems to be a nonstarter, does it not? >> that's a big problem for president zelenskyy. i'm sorry. neil: so -- no, no, you're quite right. i was just curious. then what is the middle ground, general? they do seem farah apart. they have tried to -- far apart. they have tried to address zelenskyy saying he wouldn't entertain wanting to join nato again, but russia's the

wildcard, right? >> that's correct. and may i just say something about all the red. remember that russia's not holding all of that red ground. russia's primarily on the roads and in the small towns, and a lot of ukrainians are still in those red areas and fighting. is so this is not -- neil: that's a good point. >> -- an easy, done deal. neil: so you look for each side to save some face, right? i guess, general, in any negotiation. i sense zelenskyy is showing more flexibility certainly when it comes to no rush to join nato, if any interest at all. but for vladimir putin, he's got to justify all of this to his people back home and returning to the ukraine that was wouldn't do that, would it? if. >> no. and that's going to be a big problem for mr. putin, because i do believe that president zelenskyy's going to hold the

line on not giving up all of that land that you show in red. because that's a big problem for him. but i i think it's going to be a tough negotiation, and they're both now jockeying for the best position on the battlefield to make their bargaining position stronger. neil: the errant comment, we're told it was an errant comment by joe biden, talking about regime change and all that, how do you think that's reverberating in russia, in moss -- in moss moscow, in the mind of vladimir putin himself? >> well, clearly this is going to be a bit of an issue for if all of us because mr. putin will use that as a, as a rallying cry. see, i toll you, can -- i told you, they're after me, they're after us. so that is going to be a problem. but, frankly, i think that the white house and others are trying to work through that now.

and what we need to be focused on is how we help ukraine through the next couple weeks of this war which are going to be tough ones. neil: got it. all right. general, very good catching up with you. general philip breedlove on all of these fast moving developments. when we come back also, the move to try to ease the pain at the pump that we're seeing. only a few governors across the nation have cut their state gasoline tax, wiped it out for the time being to get through the hump. one of them is this fellow, the governor of georgia, brian kemp. he's next. ♪ if allergies don't have to be scary. spraying flonase daily stops your body from overreacting to allergens all season long. psst! psst! flonase all good. your shipping manager left to “find themself.” leaving you lost.

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neil: all right, it's one thing for you to feel the pain at the pump, imagine if you're a trucker or, more to the point, if you own a food truck and you're just trying to sell some godties and some real appetizing food. imagine being a barbecue owner,

food truck owner, and you're trying to compensate for those higher fuel costs. john german, black market barbecue owner -- the black market barbecue owner, it's not black market, i want to stress that. how are you holding up through this? >> thank you for having us on, oring having me on, neil. we're going to do the best we can with the circumstances that are going on, you know? i don't have to tell anybody, the gas prices are absurdly high right now, and it's definitely having an effect on the bottom line. and the the biggest effect that it's had on my company personally is that it's really affecting our growth. we're not row -- allowed -- it's a more difficult time in expanding our capabilities and expanding into other things. we have our food trailer, we do catering, we bottle our own barbecue saut, but i want to break out into doing concessions and doing other things, and as of right now, i just can't do

that, and it's basically because of thely dick ridiculously high gas prices we have right now. neil: you're in the atlanta area. your governor has removed the state gas tax for the time being a little bit more than, you know, 29 cents, a little bit more than 32 cents for diesel. has that helped matters any? >> i mean, it's -- for me personally, i see it as more of a nice gesture because, let's just be honest, my truck that a i use to pull my food trailer with takes premium gas. and so i want to say i filled up yesterday, and it was 4.89 a gallon. so that 29 cents, yeah, it's nice, but does it have any effect or relief if absolutely not, no. neil: your food is so good, i understand, people will travel a long distance, they just don't know where you are sometimes. how do you give them a heads up? >> well, a lot of the times we post on our facebook page, it's

facebook.com/blkmbkbbq. yeah, we love to get around the metro atlanta area, obviously, that's where our commissary is, where our home is at, but getting back to growth, we have here in north georgia we have a huge agri-tourism area up in the georgia counties where the vineyards are a big deal, not to mention a lot of aerospace if down in the macon if area where a lot of those guys like to have delicious barbecue especially, you know? it just makes it hard to go, especially when you have that gas right in front of you. you get done with an event, and you're like, okay, i've got to fill the truck up just to get back home, and let's cough up $100 just to make that happen. it's ridiculous. neil: yeah. it does make your job difficult

no matter how delicious the food. john, hang many there, black market barbecue, right now the atlanta area or that's where he's parked. to the aforementionedded governor of georgia, brian kemp. governor, very good to have you, sir. obviously, you try to ease the pain for folks like mr. german by, you know, dropping the state gas tax. i think it will last another couple of months, is that right? >> yeah. it started just a week or so ago, and it's going to last for two months. neil: and do you decide, you know, after that whether to extend it if prices are still high, governor? >> well, the thing we're using, neil, because of our conservative budgeting, being the first state in the country to reopen, you know, we've just got an incredible amended budget this year that allowed us to do a lot of one-time things to help people fight the inflation that we're seeing in washington. we certainly can't fix all the

problems up there, but putting a little bit of money back in the pockets of hard working georgians and small business owners, we're doing all we can with the tools that we've got. the two month moratorium on gas and fuel, or fuel and gas is certainly going to help. we're also returning over a billion dollars of excess funds that we had, $250 for every person or $500 if you're piling as a family. so really -- filing as a family. really trying to help offset inflation. we cut taxes last year in georgia in the middle of the pandemic, and we're going our -- doing our part this year to offe set inflation. it's certainly our hope that the market begins to stabilize, but i don't think there's going to be an easy fix to that. but we're working on continuing to lower taxes this year with the rest of the legislative session that we have to try to help our folks be able to just plow through this 40-year high inflation we're seeing because of bad policies washington, d.c.. neil: you know, you're making

great inroads there, you're also up in the polls for re-election. you lead by 10 in one poll over sonny for due, and i'm just wonder -- david perdue, i apologize. david perdue is donald trump's man in this race are. he prefers him to you over the whole election kerfuffle back in 20. and, you know, this past saturday night the president reminded people why he's not too keen on you. i want you to react to this. >> we have a big pry -- primary coming out right here in your state. we're going to throw out a very, very sad situation that took place, your rino governor, brian kemp. neil: you know, you've herald a lot -- heard this a lot, governor. you stuck to your guns, you examined the 2020 election. you were convinced it was fair. it was tight, but it was fair. the president lost.

so far it's not working in this guber that manytorial race. he wants you to lose, but you're leading. that could change, i know, and you remind me often about that. but what do you think of how georgians are digesting all of this? >> well, look, neil, i tell people all the time i can't control what other people are doing, you know? i can control what my record has been over the last three years. it's been exactly what i told people i would do, you know, three and four years ago when i was campaigning to be their governor. i implemented the things i told people i'd do to make georgia number one in the country for business and have opportunity no report in what your neighborhoot your neighborhood and stand up to the woke corporations and do the right thing when no one's watching, and that's exactly what i've been doing here in the state of georgia. so i'm running on my record. the ultimate endorsement is on may 24th when georgians run to the -- go to the polls, and i'm reminding them of my

conservative record, reminding them i've to done what i said i would do, i followed the law and the constitution, and my ultimate goal is preventing stacey abrams from being our governor or next president. and i'm the one that has the record to prevent that, and we we need people in the fight to help us do that, can that's what we're seeing in the state right now in the republican primary. neil: but it seems to have split the republican party, governor, to the point that former senator per if due, who is a close friend of yours, is now blaming you for voter fraud. when a lot of people, his close associates, say he knows better, but he's trying to appeal to donald trump. now, his people say that is not the case, but do you think that is the case and that if donald trump succeeds in saying that, let's say you win the race or win the nomination, that republicans could once again lose georgia? >> well, look, neil, everybody in the media thinks the party's

divided here and the state's divided. i don't see that. you know, i'm traveling every day. we're getting great feedback. i was in the augusta, georgia, area today -- i mean, saturday, had great feedback there. we went to five or six counties, you know, just a few days ago, we're getting great feedback there because people -- neil: you're quite right, governor. the feedback on you and the rise in the polls is real and legitimate. you're quite right to point that out. but i just wonder if you fear that should you win the nomination and the battle with stacey abrams that donald trump will do his best to make sure you don't win and thereby allow a democrat to take over the governor's mansion? >> no, i don't feel that at all. i mean, look, i've been through tough republican primaries before. there's no crime in politics. my family and i are out there grinding away every day reminding people about my record, are reminding we that we're in the fight for the soul of our state, and we --

neil: [inaudible] [inaudible conversations] >> and i'm the person, and i'm the person that can beat -- well, neil, with all due respect, i'm the person who can beat stacey abrams. all the polling shows that. she is the great unifier in this race. republicans are rallying to me now because they realize i am, indeed, the person to win the race, not the guy that was scared to debate john ossoff and lost to him in the u.s. senate race. neil and you're convinced that because of donald trump and his, you know, involvement in the whole georgia trust the voting process that those two senate seats were lost because of that? >> no, that's what you said, neil. i'm not focused on the past, i'm focused on future. i followed the law, i followed the constitution. i was secretary of state for nine years in georgia, the constitution gives the authority to add more elections to the secretary of state -- administer

elections. so i'm focused on what i can do and what i can control. that's what i've done, that's what i'll continue to be doing as your governor. of i'm not going to9 sit there and, you know, david perdue's trying to blame everybody but himself for his loss, and that's not something that i can control. i am focused on today and what we're goinged to do tomorrow and the day after that to win in this primary and then unite everyone to stop stacey abrams from being our governor, because if she is, neil, we're going to see the exact same policies that we have in washington, d.c. in the state of georgia. and as a parent to three daughters, i don't want to see that happen. neil: so finally, governor, i'm sorry if i misrepresented your view, it certainly wasn't intentional, had president trump not intervened to the degree he had in the georgia race and questioning the accuracy and the reliability and the propriety of georgia voting, do you think you would have have won at least one of those seats, and the senate would be urn republican control right now -- under republican

control right now? >> well, listen, neil, the fact is that an incumbent u.s. senator got thrown into a runoff when they never should have been there in the first place. and if that had not happened, the runoffs wouldn't have even mattered because the balance of the senate wouldn't be there. but that's not something i could control. my name wasn't on the ballot in 2020, my opponent's was. and you can ask him those questions. we've had a record year economically last year, we're only halfway through this fiscal year, we're about to break what we did last year this year. that's what i'm focused on every day, is georgia -- as georgia's golf, and to me, that's what people are buy into. they want someone who's going to do the right thing, follow the law and the constitution. i'm very comfortable that that's exactly what i've been doing. neil: governor kemp, thank you very much for joining us. very good seeing you. >> good seeing you. neil: all right. we have a lot more coming up including a dow that's pared

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neil: all right, i want you to look at something here because it concerns our charlie gasparino. he's a fearless business reporter, but he's also fearless enough to allow a photograph taken of him before going under the knife in the hospital. he was battling prostate cancer, and it looks like he won. he has a message for you, particularly all of you males out there, to address this. he's kind enough to join us now to talk about this. charlie, you're indestructible, my friend. tell us what happened. [laughter] >> you know, i wish i were. you know, so i just turned 60, last year, like late last year like many new yorkers, i got covid. i worked out every day through covid, and i was, like, dude,

i'm living to 120. and then, you know, amid all this i was checking my blood. i've been having rising psa levels for the last, i would say, year of and a half, two years. every time i got it checked through an mri, it was okay. you know, there was some issues but didn't look like there was a problem i had to be worried about. but then it popped again, and i went through several other tests including another blood test known as a 4k test including another mri, and they said, listen, here's your -- here's what we think. there's an 80%, 70-80% chance you're okay, but there's a 20% chance you have prostate cancer. and i said, okay, i understand odds. if you're telling me there's a 20% chance i get on that a plane it's going down, i'm not getting on that plane. so i got the biopsy. and literally the next day, you know, it was sod because the wae you the test results before they even call you, i'm reading a

test result thing on my nyu langone portal that says i have process anticipate cancer, and i literally -- you know, right after i read this, probably don't know this, i did a hit on your show. the wheels were turning in my head. i called my brother, who's an amazing doctor. he's certified on ten boards, runs the icu in brooklyn hospital -- neil: heath bright brother, right? [laughter] >> well, he is. and i have no problem saying that, and he talked me off the ledge. when he read the report, he goes, listen, dude, you do have cancer, it's malignant, but it's very localized, and it's low low-intermediate on the gleason scale, which i don't have to bore anybody with, but you ain't gonna die. and i said okay. and then i did some research, and then the doctor did call me. the care i got at nyu langone was amazing from my primary care

physician, my urologist and his right hand nurse practitioner, to the amazing surgeon who performed the operation on me last week, dr. herbert lapore. neil: you're talking about the biopsy itself, right in. >> yeah, and then the doctor walked me through -- i could have done nothing, which he said was ill-advised, i could are have gotten my prostate taken out which is a possibility, i could have gotten radiation which has its issues, or -- he said but based on what you have, you're a perfect candidate for this other, it's not quite radiation, it's not taking it out, it's middle ground which is called ablation. they go in and kill the cells. tell me more about out, i did some research, and it was an extremely reasonable thing to do. not a walk in the park, neil, i

must admit. it was not easy. i was out that day, by the way. it's an outwith patient -- neil: but you were doing reports in all of this, everything else, you know, people had no idea, but you had a message in your column over the weekend in the new york post about men in general who might be leery of having this sort of thing checked out, because a lot of men get this, right? >> here's the deal, neil. when e was -- i was told i had it, i was -- i don't want to say what i said. [laughter] no symptoms, not even strength wise. i was in excellent shape, but, like, that part of your body often, you know, that part of your body, as you know, you sometimes get symptom. and i think a lot of men don't want to deal with it, and they don't dole with it until it's too late. now, here's the other thing, i got lucky. the psa is a very imperfect measure of process anticipate issues. some people have very -- prostate issues.

what confused and sort of confounded my doctors despite the sort of clean mris was that my psa popped weirdly, and they were like, take alaska. and you know -- take action. and you know what, neil? here's what i would tell people: take action. listen to your doctors, don't be afraid. the alternative is so much worse. and here's the thing, neil, i'm going to be okay. i'm going to die of something. i may live to 120, i don't know, but it's probably not going to be -- neil: boy, that would be some people's worst nightmare, that you're living to 120. but you're amazing. how many times did i tell you, charlie, all this running and working out was bad for you? [laughter] it's what got you through all this, right in. >> you know, i'm a quick healer because of that. and i thank god that i can do that. and, you know, i was lifting -- okay, so i went under the knife, i was -- this time monday, last monday, i was under the knife.

neil: yeah. >> i was working out tuesday, wednesday, thursday, friday. and i'm going to go to the gym of after this, and it's not going to be easy, but i'm going to sweat through it. and i'm -- neil: you're amazing, my friend. >> i'm just happy to have great friends like you, great family. my wife did an amazing job. my brother, amazing, great doctors, and it's good to be here right now. neil: and it's good to have you, my friend. from one athlete to another -- [laughter] >> you are. you're the toughest guy, i always say this, the toughest guy in this building is you. neil: oh, really? well, it's a pretty bad building if that's the case. [laughter] you're the best, my friend, and i thank god you're still with us. 120 at a minimum. he's the best in the business, i'll tell you, my friends, a hell of a human being and a strong one at that. we'll have more after this. isn't that right limu? limu?

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>> welcome back to coast to coast, i'm kelly o'grady. g if op lawmakers are condemning disney as woke and calling for boycotts by conservative consumers, but the house of mouse is doubling own on its opposition to florida's legislation, affirming that its goal is, quote, for this law to be repealed by the legislature

or struck down in court, and we remain committed to supporting the national and state organizations working to achieve that. critics are quick to point out the company' defense of human rights is curious. for example, the studio thanked chinese group withs linked to uighur detention camps, an episode of the simpson's was pull from from disney plus in hong kong. like many other companies, disney if often prior prioritizes its access to chinese consumers above integrity. it does promise growth. look at that, prior to the pandemic, the asia-pacific revenues increased nearly 97. and let's remember disney has a park in shanghai and hong kong. there's a lot to consider when it comes to china, so angering the ccp with a stand against human rights could be detrimental to growth but, neil, these are the issues. companies that are global seek to balance when they focus on both financial and

neil: it is a delicate balance at that. kelly o'grady, thank you very much, kelly, appreciate it. concerning florida, and that anti-gay bill some interpreted it. governor desantis signed it into law. we'll have more after this. ♪ ♪ to be... unstoppable. that's why the world's largest companies and over 30 million people rely on prudential's retirement and workplace benefits. who's your rock?

neil: all right. as expected florida governor desantis has signed into the law

so-called parental rights and education bill. you might have heard it as don't he say gay bill. it prohibits gender identity truck shun at the kindergarten grade level. it is the law, parents have to be advised first. if they don't like it to stop it. it is now the law in the sunshine state. with the dow down 160 points. i turn to my friend charles payne. >> hope you had a good weekend, my friend. thank you very much. good afternoon, i'm charles payne. this is "making money." the breaking right now the market is spinning its wheels. that is inpress sieve considering the traders are not taking the bait cashing in on recent gains. i will point out signs that this rally is the real deal. there are still market watchers that are not convinced. i will have them on the show as well. how to play the tesla split. the last hurdle for that stock and broad market, are on the