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tv   The Evening Edit  FOX Business  August 19, 2022 6:00pm-7:00pm EDT

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that's going to do if for us on fox business tonight. i had the best time being here with you this week and we appreciate you tuning in and hope you had a wonderful evening. we'll pass it over to the evening edit. that show will start now. kennedy: >> new questions on the democrat spending bill and how it could hit your wallet. the shocking video of the flash mob ransacking a store. plus, the fbi raid on mar-a-lago in the spotlight. fresh questions over how americans think the fbi is performing. to school board battles and parent outrage being labeled as extremists as another school board trice to cancel the pledge
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of allegiance and the media putting a positive spin on biden's negative news once again. i'm brian in for elizabeth mack dodged and the evening edit starts right now. let's start with a check of your money. the three major indexes ending the week lower in a technology led sell off. and breaking right now, a dc appeals court rules a justice department must release an internal memo about whether president trump obstructed justice in the mueller probe. more on that in just a moment. first, we're taking a look at how president biden's spending bill could have you spending more. fox news hillary vaughn is on capitol hill with more. hillary: good evening, brian. president biden promised to be the most prounion president ever and he's making good on that promise, tieing tax credits and government subsidies in the chips act and inflation reduction act to union jobs.
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>> to ensure that tens of thousands of new construction jobs are union jobs. hillary: several in the construction industry hoping to bid on these contracts and build infrastructure say they hurt their industry and builders and contractors say 83% of the billions in incentives in the inflation reduction act are tied to union only projects. they say that alienates nine out of ten construction workers who opted not to be part of a union. people hoping to cash in on the projects have to pay a prevailing wage, a union wage for their labor. the vp of the associated builders and contractors saying "this unprecedented expansion of prevailing wages not only puts contractors that use industry recognized apprenticeships at a serious competitive disadvantage when it comes to winning contracts for the critical energy projects, but it also limits the ability of many otherwise qualified small businesses and skilled construction professionals from
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participating in the projects". prevailing wage makes the projects more expensive so taxpayer money is not going as far. brian. brian: hillary vaughn, thank you. joining us now is house foreign affair committee member and macro trend founding adviser. the president says, he was adamant about this, he said this inflation reduction act is a loss for special interest, but it looks like a win fall for unions and we're seeing reports that folks like bill gates were on the phone pushing this bill, looking for it to get past. it doesn't look to me like a win for the american people, congressman, as much as it looks like a total win for special interests. your thoughts? >> i couldn't agree with you more. it is a win for special interest, and honestly i can't figure out who else it helps.
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bottom line is this thing is like an onion, the more you peel it back, the more you want to cry. i mean, this whole thing with the union requirements, meanwhile 12-13% of the workers out there are party unions. it's inflation reduction act. a democrat can't even say with a straight face this will reduce inflation. i mean, it's a huge spending bill, it's a special interest bill as you've said it, brian. it's an irs expansion, it's a tax increase. i think this is the worst policy initiative of this administration and, boy, is that a low standard to set. brian: mitch, let's talk about the substance here. everybody knows right and left there's no inflation reduction in this bill, but there's a lot going on here, and i wonder what you think about what the real economic effects are going to be of raising taxes during a recession, of spending all this money during 40 year high
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inflation. how is this going to hit businesses and average americans as this bill starts to roll out, mitch? >> well, inflation, let's start there, brian, is the most insidious tax on americans. it hurts the lowest income ban more than it hurts the 1% or one tenth of one percent and we want to get rid of inflation and inflation is incredibly sticky. gerald ford as a president dealt with it and ronald reagan turned the corner because they had pro business, less taxes, less regulation. that's the kind of fiscal policy that it takes to make inflation go away. you have to fix the supply side of the economy. all this administration wants to do is stimulate the demand side and put constraints on the supply side. union jobs are a perfect example. brian: congressman, we've been talking about this bill, the amount of spending that happens
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here, the tax increases. now we're hearing calls, i really can't believe this except it's an election year and we're hearing the calls again for student debt forgiveness. we're hearing it from the usual voices, we're seeing tweets from ariana presley that we need student debt forgiveness and it's going to increase wealth. how do you react to that? are we going to see something big on student debt? mitch, i'm taking this to you. do you think we'll see something big on student debt coming up in the next month, especially looking at midterms? >> well, listen, if you want to try and buy votes, tell people they don't have to pay back debt or hand them cash. that's what it's just a political stunt. there's nothing good about telling the american people that you don't have to honor your commitments. that's the worst message we could send to any generation, whether it be those who have
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student debt or future generations. i think it's god awful, and i hope it doesn't go anywhere. brian: you know, you hope it doesn't go anywhere but the political incentives to go everywhere this year are so strong. i know you're a guy who's not a huge fan of the irs being in people's lives but obviously building on the congressman's comments just a second ago, the latest bill means the irs is going to be a bigger part of everybody's lives. you've got democrats criticizing republicans for calling this an army of irs agents, mitch, but republicans are looking at this and saying, what else are you going to do with 87,000 new irs employees? cut through it all, mitch. what's really going to happen? what's really going to happen as these folks get into those jobs? >> well, there aren't 87,000 people working for the irs right now so that's more than, you know, doubling the work force. i don't know where they're going to find any of those people. it's not going to be the richest
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people on the planet that end up getting audited. it'll trickle down to small businesses, small businesses employ a third of the work force and if you start chipping away at them because they didn't dot an i and cross a t in a tax return, it's going to be horrendous for this economy. brian: so, mitch, talk a bit about it from a practical level and we can talk about politics and talk about unfairness here and we can talk about what it means to add so many people to the irs but people at home are saying, okay, so what do i do? i make less than $400,000 a year and i can't pay an army of accountants or lawyers, but if i'm going to be hearing from the irs much more often and they're gob that be digging more into my affairs, mitch, what do they do? how do they prepare and what are you talking to people about as they brace for this? >> i think people are genuinely concerned and that's on an applies cal basis and the -- a
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political basis and the biggest problem is taxes are incredibly complicated and i can't tell you how many republicans and democrats have talked about simply fying the tax code and just added pages and pages to the code and thousands to the regulations so the average american doesn't understand it and what they're most fearful about, brian, with that intent, they made a -- without intent, they made a mistake and they'll get harassed for it. that is the biggest, biggest concern. brian: we've got the congressman back. i want to go back to you, sir, and i want to stay on this irs issue for just a second longer because i'm asking mitch what can americans do? how do they prepare and brace for this? the truth is a lot are saying i don't want to. i don't want this to happen. i don't want to see this increase, congressman. is there anything that can happen from a legislative perspective? let's say republicans can take the house. is there anything that can
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happen to forestall this or is it going to happen? it's done, get used to life with it? >> yeah, brian, as far as the democrats are concerned, they're going to hire 87,000 forever more, and this initiative simply won't work. you and mitch have just been discussing this. 9 2% of those audited by the irs today are those who make less than $400,000. they just made this up down the road to make it sound better that it would be only over $400,000 because they didn't change their projections. they set the projections at about $200 billion based upon all of people being audited at all income levels. now all of a sudden they say over $400k. that's only 8 or 9% of the traditional those that are audited so it's all a bunch of spin and, yes, we are going to make it a priority to defund it down the road. also pass throughs. think about pass throughs that
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make 400,000 and it under $100,000. $100,000. brian: it's individuals and businesses and the numbers don't add up unless the audits happen for those making $400k. great to see you both. >> you bet. brian: the media putting a positive spin on biden's negative news. and several prom nathanial promp lawmakers heading to iowa state fair. is there presidential bids in mind? i wonder. lisa boothe is next on the "the evenins log edit".
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and once in a lifetime moments. two tickets to nascar! yes! find rewards like these and so many more in the xfinity app. every search you make, every click you take, every move you make, every step you take, i'll be watching you. the internet doesn't have to be duckduckgo is a free
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all in one privacy app with a built in search engine, web browser, one click data clearing and more stop companies like google from watching you, by downloading the app today. duckduckgo: privacy, simplified. looking like a top presidential state and hopefuls stopping in iowa, pennsylvania, ohio, and making critical stops. grady. grady: no, brian, we're seeking shelter this evening because it's an unexpectedly stormy evening at the state fair and the possible presidential candidates are pouring into key states this weekend. former vice president mike pence fueling speculation he could run for president in 2024 with his stop at the fair before the rain
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today -- wow. we're under a storm watch right now, and you can hear how close that thunder is. but i'll get through the report. i actually spoke with vice president mike pence one-on-one and he told me he's not here to talk about 2024. he's only focused on the midterms. i asked if he agrees with senate minority leader mcmcconnell's sentiment -- mitch mcconnell's sentiment that it could be difficult because of the quality of republican candidates. here's his response. >> the american people long for a return to the policies that they saw the trump/pence administration advance. for a stronger and more secure america, and i believe that red wave is coming. i think it's going to come behind our candidates at every level across the country, and i'm going to take all the time i have in the next 81 days to support the team. grady: while pence is here, florida governor ron desantis is visiting two battleground states tonight. he just wrapped a stop there in
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pittsburgh, pennsylvania. next he's headed to ohio. meanwhile senators ted cruz and tom cotton visited iowa and new hampshire this week respectively. out going governor larry hogan stopped by the fair on a much better weather day than today last week, this is why they're telling us to seek shelter right now, brian, because of this thunder and lightning, and we are going to do just that as we spend it back to you. brian: yes, grady, seek shelter and thank you for sticking it out for us. we have lisa boothe joining us in studio now. >> thank you, brian. you're doing a great job. brian: thank you, it's a fun year and the iowa state fair is fun when it's not stormy and you have all the presidential hopefuls. that's a midwest storm for you. you have everybody going to iowa and ohio and pennsylvania and names you know, cruz, you got
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cotton and desantis. what's the lay of the land in your view right now? >> from political perspective, 2024 is a lifetime away and all the candidates stopping by iowa and the presidential states and dipping their toes in the water and trying to figure out the political environment on the right heading into the 2024 election, if you really look at ever since donald trump came down that escalator in 2015, he's transformed the republican party and it's a multiracial working class republican party. he's really changed it and so i believe the destruction the republican party is going in is really this new republican party, this new right as many are calling it. ultimately i think the presidential nominee for republicans is either going to be donald trump or governor desantis, depending on who throws their name in the hat. brian: you talk about coming down the escalator and the change to the party. i find it fascinating and look at the data on primary candidates that president trump has backed, and you look at some
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numbers and we'll bring them up on the screen but 95% of the candidates he's backed have gone onto success. 157 races since 2020. you look at that, that's pretty good to me, 95%. now you look at mitch mcconnell just the other day saying he's concerned about the quality. i think that's not a two vailed reference to trump-backed candidates. how do you read that interplay between the president and minority leader? >> look ago the hatred for donald trump and president trump that's personal. with mitch mcconnell, he's upset about and l liz cheney is abouts the republican party left them behind and it's not the republican party of the cheneys or bushes or republican party of mitch mcconnell and there's a real likelihood if republicans take back the senate, that mitch mcconnell is not the majority leader. he would rather be in a minority than to lose that power position in a majority as senate leader,
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and i think he knows it's probably going to come. come. brian: that's interesting and. you talk about the issues that will drive voters and it's a new party and new priorities and you look at issues that voters say they care about, then there's the x factors because this year's had x factors on social issues and abortion and crime and border. what do you think will matter ultimately? you sort through all these and have questions and voters walk into the ballot box in november, which of the things will predominate? >> i believe obviously inflation, immigration and crime are some of the big issues that voters are concerned about. one thing that's important, a lot of polls we're seeing they're registered voters and that's not a good way to do it. the reason a lot of pollsters are doing it is they're biased and look at likely voter surveys, there's republicans up by five and the reason why likely voters are the more
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important surveys to look at, who cares what register voters think if they're not showing up at the polls and who's more interested in turning out? republicans are more fired and you happen republicans are more likely to turn out and more enthusiastic about the midterm election, and that's why likely voter surveys are the ones to look at. one released today of nevada showed adam in that state would be a pickup opportunity for republicans and those are the surveys to look at heading into the midterms brian: the polling is infuriating and you never know what you're looking at. likely voters may tell more of the story than just the register. got to leave it there, lee virginia always good to see you. >> you too, my friend. brian: school board battle after teacher union label them as extremist as another school temporarily cancels the pledge of allegiance. more violence in weak on crime california and shocking video of flash mob ransacking a store. we take that on with congressman
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jeff van drew ahead on "the evening edit".
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brian: california police on the hunt for dozens of people after a flash mob of looters ransack add 7/eleven in california and there were 100 people in the store and no arrest haves been made. jeff paul is in la with the
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latest. jeff: brian, investigators believer just before the group took over the store, they were engaged in a street takeover where groups of people block the road and do stunts with their cars. police say their attention quickly shifted to the nearby seven/11 store and dozens of people crammed into the store and took drinks, food, and cigarettes and even lottery tickets and one point up to 100 people were inside the store, some trashing everything in sight. police believe two people jumped over the counter and started throwing items to people in the crowd. the store employee fearing for he has life ran to the back of the room while all of this unfolded and police are calling this incident flash mob looting and are worried if they don't send a message with arrests, it might keep happening or get worse. >> we want to prevent this from becoming a new trend and think they show up and take over a street or freeway or any part of the city they'll be able to do what they want, come into a store and take what they want, we're here to say it's not going to happen.
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jeff: police are hoping someone will see the video and help them identify some of the suspects. after the store takeover, police say some in the very group went onto block lanes at the nearby 110 freeway. brian. >> jeff paul in la, thank you, sir. welcome to the show congressman jeff van drew of homeland security. that video is horrific, shocking and also very telling. how do you read it? >> exactly what you said. let's, you know, it is frightening and it is terrible, and it's awful and should never be allowed. but what do we expect? we shouldn't be surprised. we have judges that really don't believe in the rule of law, we have prosecutors that don't prosecute. we have police that aren't given what they need to be able to have the ability to arrest these people and take care of the job. the number of police are going down because nobody wants to be a police officer anymore because you know what they know? do you know what those hundred people know when they blocked
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off the street and went into the 7/eleven, they know that maybe the police, not maybe, definitely the police are doing their job. they want to stop all this. they know when they go to court, they're going to be released. we release people with 10 and 20 and 30 priors. people that have committed violent crimes. we've got a -- there's anti-seek stories to all of this, it's not complicated. this is, you know, literally what i would call woke justice and i'm tired of it and people are tired of it. brian: on that point, so those 100 folks later that day if they were paying attention would have saw that george gascon, the liberal da in los angeles kept his job. they ransacked the store and the guy promoting the policies that keeps them on the street keeps his job. it's like these cities don't understand the relationship between those two things. congressman, you say it's simple and i agree in one sense, but where's the change? when is the change going to
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happen? these places? >> the people have to demand the change. wherever you live, wherever you are, whatever race, color, or creed, nobody wants this. people want to be safe. i say it's simple because what does it require? requires closing our boarders, it requires having good judges put in place. it requires good prosecutors, it requires stop and frisk again. it requires three times and you're out. it require when is you have violent priors that you maybe will be in jail for many years or maybe for the rest of your life. it's just law and order. that's what i mean by it's simple. people can't allow this to happen, it's the wrong thing. i wonder if george gascon would have like to have been the 7/eleven employee who just saw all this, for god sake didn't know it he was going to live or die or what would happen to him. george gascon ought to get on the street and patrol the streets and see what's really going on there.
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brian: i want to switch gears gs and talk about the border crisis. very interesting information today, two more buses of migrants arrived in new york from texas, new york city as governor abbott and mayor adams battle it out. they're announcing project open arms, a plan to meet else needs ovasylum seeking families. they'll enroll 1,000 migrant children, congressman. i look at that, i look at that system and all the problems that system has had. i think about the influx of migrant children who are going to have complex and different needs obviously than most children growing up in new york city. i mean, just from a language barrier perspective to start. how much can our systems, congressman, handle what's happening at the border. not just education but you're talking healthcare, you're talking criminal justice. these systems, congressman, are
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going to be overwhelmed, are they not? >> they are. let's think about how many people are coming over. millions and i did numbers before, literally if the number of people that have come over since the biden administration, if we made a stake out of those people, the number that is there, there would be the 30th largest state in america. what the people want -- the people that are pushing these pollicis, they want to change americas. they don't want america to survive. we can only absorb so much and we -- this is too much and it's going to harm everyone from the students that are there traditionally who are legal residents. it's going to cost a lot of money, it's going to cost more in taxes, it's going to diminish the nation, it's going to bring even more drugs in because what's happening through the border is not only all the things you mentioned, which is disease and covid and human trafficking, but it's also going to create the problem that we
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see already when we know that people are coming into the border and bringing fentanyl, and they're getting it from china. so china is loading up our country, we are killing our children and our grandchildren with this fentanyl. we've got to straighten up, get tougher, and really obey the rule of law. brian: the issues are multi-faucetted and don't just go to -- multifaceted and they go to the drug trade and harm it's causing and we've got to leave it there, congressman, thank you for being here today. >> it's my pleasure, thank you. brian:d on president trump east mar-a-lago estate and how americans think the fbi is performing. school board battles, parent outrage after a new teacher's union ad labels them extremists as another school temporarily cancels the pledge of allegiance. parental advocate nicole neilly is with us next on "the evening
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edit".
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brian: schools in the spotlight. joining us now, panters -- parents defending education president and founder nicole neily. nicole, thanks for being with us. i got to ask you about this, this is big, the largest teacher's union in america, the national education association, has a video ad suggesting new jersey parents who battle school boards are extremists who fight to score political points. at this point in all the work that you're doing, nicole, how tired are you getting of being called an extremist for simply using your voice? i mean, is that the best they can come up with because let's take a step back and think who is actually extreme? for starters, 99.9% of teacher's union donation goes to democrats and they regularly advocate for
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policies that have nothing to do with education. abortion and head care for all and things like supporting palestine and nothing to do with educating our students. nea voted to make an enemies list of people and organizations that oppose radical gender ideology and last summer they did the same thing and made a list of organizations that opposed critical race theory in schools and caring about children is their absolute last priority and they're on the defense and scared because people are mad and know what the unions are up to. brian: they want to make their voice heard and we're a country that makes their voice heard when you have a opinion. here's parent outrage. this is the head of the -- what a school board said about the pledge of allegiance. listen to this. >> the word god in the text of the pledge of allegiance is capitalized and it's clearly referred to the judiah christian god and therefore it makes the pledge of allegiance a non-inclusionary act. brian: so that's a fargo school
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board meeting. i want you to listen to what a parent who's trying to re-instate the pledge had to say about it. >> making some of the comments about liberty and justice and how not everybody gets liberty and justice, that is perpetuating critical race theory, which is against the law in north dakota so how can they go against board policy cited at board meetings and doesn't go against board policy to recite it in schools? that doesn't even make sense. brian: nicole, this is why parents go to school board meetings. they're not extremists, but they've got positions on these issues and they desperately want their school board members to at least listen, nicole. how do you react to what you're seeing here in fargo and more broadly across the country? >> i mean, if it can happen in red state north dakota, it can happen anywhere. we encourage parents to show up and listen and the price of liberty is eternal individual lens. in fargo -- vigilance. in fargo, the board walked back
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their policy and so now the pledge of allegiance has been re-instated and that shows the power of parents. people show up, they speak up, and the boards are receptive, and those are not things you'll hear on cnn or msnbc but people are making a difference from "coast-to-coast". just recently, the wyoming department of education canceled with panoramic education that's related to merrick garland's son-in-law and people spoke up about it. we encourage people to speak up because you can and will make a difference. brian: that's what i wanted to ask you about, you got a lot of parent who is have been watching what's going on in america over the past year, past two years and they're inspired by the pushback of parents taking the initiative. we've got a school year coming, and you know, you know some of the kinds of issues are going to rise to the top. parents will see things that they don't like. how do you counsel parents that want to get involved but still might feel like i don't want to be called an extremist and don't want to be put on an enemy's
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list. what's your encouragement to them? >> absolutely. my coworkers are e-mails and on the phone with parents every day talking about the issues and so many people that are engaged in education right now are accidental activists and people that had no idea and had no problem going into school two years ago before covid and saw what was really taking place. so we have resources on our website defendinged.org and walk people through knowing what your rights are and you know where the red lines are and if and when the lines are crossed people should be done about it. we have guides on how to get involved and questions to ask your school board and your teacher. how to file a public records request and knowledge is power and once people know that they can and should stand up, they will. courage is contagious. brian: some of the most important accidental activist that america has ever had. thank you, nicole. >> thank you. brian: the media putting a positive spin on biden's negative news. plus, the fbi raid on mar-a-lago in the spotlight.
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fresh questions now surfacing over how americans think the fbi's performing. former acting u.s. attorney general matthew whittaker is next on "the evening edit".
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brian: breaking now, a dc appeals court rules the justice department must release an internal memo about whether president trump obstructed justice in the mueller probe. mark meredith is reporting that trump plans to file a new motion regarding the semper at mar-a-lago. joining us now for reaction to all of it, former u.s. acting attorney general matthew whitaker. thank you for being with us and i want to start on the breaking news of the justice department memo. what does that mean and does it matter? >> yeah, it's good to o be with you tonight, brian. it matters in just the context that we find ourselves, which is that donald trump continues to
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be chased and harassed by the department of justice. i mean, this is going to be a memo that was generated by the prosecution team that did the mueller investigation that came up with the 400 plus page report that found that there was no collusion with the russian government and allege that had, ed that --alleged, you know, thr charged in a court of law were obstruction of justice and that'll be a memo that analyzes whether or not they should charge and prosecute. they declined to do that and did not recommend the department of justice pursue those charges and it's more logs on the fire and some day we'll be past this but right now it just seems to be that donald trump continues to be in the news because of doj's desire to get him. brian: talk about another log on that fire. if you've got the affidavit, a judge said that's got to be released in redacted form. you know, you talk about what that's going to look like.
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i'm envisioning pages of block lines that tell us basically nothing about what is going on when it comes to that raid at mar-a-lago. what do you expect to see? >> well, it'll look a lot like an austin cleon poem where he blacks out newspapers to make a statement or poem and it'll be a lot like that. the interesting give and take will be between the judge and department of justice. the department of justice if they overreach, the judge is going to push back. he ultimately has the decision to make but remember, this is a magistrate judge and he -- the appeals go to the district court judge and to the court of appeals and if the supreme court wants to take it, they would take it on. it could be awhile before we see anything from the affidavit. brian: it sounds like you're not going to get transparency and it's going to go on forever if all the court haves to get involved in it. it kind of gets to the question that senator chuck grassley
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raised and listen to him on the different treatment that democrats and republicans get from the fbi. listen. >> there's evidence of handling one thing one way for democrats and another thing for republicans. i think i've proven some political bias in regard to hunter biden and trump and the fbi and i think full transparency is what's really called for in this very extraordinary situation. brian: that's senator grassley's view, matthew. if you look at polls and how americans are thinking about the fbi right now, it's pretty interesting, 44% of americans believe the fbi is doing a good or excellent job compared to 57% two years ago and of course there's a party split, 41% of democrats think the fbi is doing a good job. only 26% of republicans. you can't escape this question that there's bias here. how damaging is that to public
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trust in this institution? >> well, i agree with my home state senator grassley and there appears to be appearance becoming reality and a two-tiered system of justice and joe biden, hunter biden, hillary clinton and others go without this type of harassment and continuing investigation and yet donald trump and others seem to be given the full extent of what's permitted under the law. we've had three years of hunter biden laptop and we were told by the department of justice off the record that it was russian disinformation, 50 intel officials from previous administrations agreed with them to that and then we find that it's actually his real laptop and it has evidence of real federal crimes being committed but no search warrants executed and no charges are brought and does not appear that even a
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grand jury is investigating it. brian: transparency and even handedness are keying to legitimacy for people like the fbi and doesn't feel like we're getting it. thank you, matthew. >> good to see you, brian. thank you. brian: the media putting a positive spin on biden's negative news. we'll take that on next with fox news contributor joe concha. he's next on "the evening edit".
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find rewards like these and so many more in the xfinity app. brian: well cnn dumped one of their biggest cheerleaders. the shakeup at cnn continues and they announced this sunday is the last episode of reliable sousources and brian stelter wil be leaving cnn. the cheerleading continues though. look at the tweet from the network earlier today saying "next time you stop at a gas station, think of it as a $100 a month tax cut or maybe a $100 a month raise". that's an interesting way to think about that. hail news media columnist and fox news contributor, joe concha. what a tweet and interesting way
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to frame what's going on with gas in america. the more cheerleaders leave, the more the cheerleading seeps to happen. your thoughts? >> brian, this is easily the stupidest head linn of the year and -- headline of the year and we're only in august. gas prices around $2.30, $2.40 and now in the $4 range. how am i again getting $100 raise because almost 19 months ago i was paying $1.50 less for my gas. this isn't even gaslighting, it's a blow torch to a fire factory. if cnn wants to go back to real journalism, this is a funny way to show it. brian: the people that tweet something like that you know are not put ago lot of gas in a fade patterns tank on a regular basis because it would never get past the internal sensor. joe, i want to talk a bit about some of the media coverage of joe biden and all of his various so called accomplishments. they've been defending him pretty heavily. watch this.
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>> yeah, don't look now, people, but all of a sudden sleepy joe has himself a pretty fat stack of accomplishments. >> this has been an extraordinarily successful two years legislatively. >> this is it. i mean, if you look at it, it is essentially a slimmed down version of the build back better legislation that the biden white house put forth but has a new name. it's now called the inflation reduction act because democrats are acutely aware that inflation is the primary concern for voters. >> this is a big deal. >> this is huge. brian: so i'm hearing that democrats are planning like a $10 million ad buy to pitch this inflation reduction act. like why would you spend that money? you're getting all of it right there for free, aren't you, joe? >> that's a great point. why sell something that's being sold on your behalf. look, i don't know how democrats can explain that the inflation reduction act doesn't reduce inflation.
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most likely will raise it considering that when you pour $750 billion into an economy where we've spent trillions, well, that may raise inflation. i don't know, i didn't take. i'm not an economist but i took e con 101 and they have to explain how adding tens of thousands of irs agents is a good thing for little guys and gals out there. republicans i would say, brian, should run on this and create a bumper sticker, are you better off now than you were 22 months ago? worked for reagan and could work for republican if they just simpsimplify the message. we were here at one point and we're here now. which do you like? if people think about it logically, they like january of 2021 before this president took office. brian: joe, you're following the friends of what people are talking about and listening to. there's a bit of time left before the primaries, and they're obviously -- you talked about the irs. that's a big issue. i would think people would vote on that, but with the time that
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you have remaining, do you see the issues getting clouded? i mean, how sure are you that when people go to the ballot box in november, they're really going to be thinking about things like in inflation? do you think the water's getting muddied? >> i think that from our perspective since we cover media and we talk about media and we work in this industry, i think we think it's getting muddied. i think then as a dad; right, or as a husband or yourself for that matter with your family, that suddenly you look at your bank statement and you say, oh, boy, that looks pretty low and i look at my credit card bill and i know that's low and my bills are high and i see all this crime on my television screen where i'm afraid to bring my kids into new york city because some guy that was let out after he should have been in jail on no bail then cold cocks another guy and puts him in the hospital and i see all these things happening and what's happening on the boarder and fentanyl death or maybe it's affecting my family personally or indirectly,
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you can't change what people feel based on what you say on a television screen or in a newspaper. ultimately that's what's going to go on, brian, people will vote with their wallets and feelings. brian: that's such a good point. there's story lines and then there's the story line, you've got to pay attention to the difference. we have to leave it there, joe. thanks for being with us. that's it for us on "the evening edit" we elizabeth macdonald. we'll see you next time. maria: welcome to the program that analyzes the week that was and helps position you for the week ahead. i'm jackie deangeles in for maria bartiromo. the latest analysis for the inflation reduction act shows families are more likely to get tax hikes than breaks. the media blames republicans for fear mongering about the irs budget. house rankerring member kevin brady will respond

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