tv The Evening Edit FOX Business May 9, 2023 5:00pm-6:00pm EDT
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- this is our premium platinum coverage map and this is consumer cellular's map. - i don't see the difference, do you? - well, that one's purple. - [announcer] get the exact same coverage as the nation's leading carrier. starting at $20. consumer cellular. there are some things that go better... together. like your workplace benefits... and retirement savings. with voya, considering all your financial choices together... can help you be better prepared for unexpected events. voya. well planned. well invested. well protected. larry: biden's border policies will wreck this country. everyone will suffer. the whole thing is a complete catastrophe, and it must be fixed and changed. and, by the way, please watch my pal, liz macdonald. [laughter] elizabeth: larry are, that has to be -- [laughter] the best handover i've ever herald. thank you, larry, such an
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uplifting moment spending time with you. we're staying on what larry's been covering. thank you, my friend. happening right now, more and more d.c. watchdogs warn this white house, this white house is the one that is extreme. you're looking at a live shot. big fight there in the oval office over spending cuts. it's happening with speaker kevin mccarthy and senator mitch mccome. senator biden and vice president biden agreed to these spending cuts in the past. we are about three weeks away from default if you believe janet yellen, and in just two days the title 42 ends. officials warn 700,000 illegals are going and try to cross. edward lawrence is live at the white house with what's going on over there. >> reporter: that meeting's lasted now for a little bit more than an hour, just a minute or so more than an hour. the expectations for the meeting have been lowered, and we got a peek inside the beginning of the meeting. here's the president, listen. >> i just wanted to welcome you,
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let you know we're doing -- we're not going to the take any questions now, we're going to the get started and solve all the world's problems. >> reporter: so to so the meeting scheduled for after the market closes. we'll see how trading reflects what's happening out of this meeting tomorrow. the house already passed a plan that returns spending back to 2022 the levels which is more than we spent pre-pandemic. it claws back unused covid spending and limits increases to 1%, in return raises the debt ceiling for a year by $1.5 trillion. now, the white house press secretary made it clear this meeting was so that the president could try and change the house speaker's mind, because the president will not move. so if cutting government spending would help reduce inflation faster, in this meeting today is the president open to hearing other viewpoints? >> so, look, as you know, ed, because you've asked me this question many times, when it comes to the economy, when it comes to a priority the president has for the american
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people, lowering costs for families is a top priority. they have put forth the opposite. they want to go the opposite direction. they want to cut programs that's going to lower costs. they want to take our economy hostage with a default. >> reporter: yeah. so, no, is short answer to that. [laughter] the president is on his way tomorrow to the hudson valley, he's going to give a speech, so we'll hear what he has to say about this meeting then. elizabeth: edward lawrence, thank you so much. let's bring in michael faulkender and douglas holtz-eakin. gentlemen, gallup now reports americans lack confidence in this white house's economic leader. chuck seemer -- chuck schumer and hakeem jeffries are calling the shots. the gao found $528 billion in waste, wasted, improper payments went out the door many two recent fiscal years. this is the white house that's, that is off the wall and extreme, michael.
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>> that's right, liz. i mean, the other report i would point you to is the cbo came out earlier this week and said that the deficit this year is already half a trillion higher than the same time last year. the notion that the debt ceiling increase is not a time for us to negotiate over our unsustainable fiscal path and address the out of control spending that has not yet, as you said, come down to pre-pandemic levels, if not now, when are we going to have conversations about the fact that our fiscal situation is uncontrollable? we have got to get the government back to its original purpose, back to the levels service the spending prior to the pandemic, and the get ceiling negotiation is exactly the time to do it. elizabeth: we've gone at inflation -- got an inflation report coming out tomorrow, douglas. we are nearly 15 percent all in inflation under this white house. so for the white house press secretary to try to, you know, push the narrative out of her binder that they're lowering costs is not the way, and you've
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got biden's treasury secretary, janet yellen, white house officials calling ceos to possess republicans to give in. what do you think, douglas? >> i think it would be great if they could give the fed a hand in getting inflation under control. they certainly played their hand in the start of it, the root of the big spike in inflation in 2021, real big policy error. so to do something sensible on the budget tear front and try to take care of our really out of control deficits and help the fed on the inflation front would be a great idea. and i think when we get this report tomorrow, people are going to be disappointed at the pace inflation's coming down. the fed is leaning hard, everyone knows that, but it's not making as much progress as you'd like to see, so why not give them a hand? elizabeth: michael, to the what douglas just said, more and more voters are seeing how this white house is railroading the u.s. economy. the president has yet to the hold a solo press conference this year. he doesn't hold pressers anymore. he's stating behind, you know,
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the the walls -- he's sitting behind the walls of the white house putting an agenda into the u.s. economy voters didn't vote on and congress isn't voting on either. look at researchers at the chicago fed, the san francisco fed warning government overspending is fueling inflation, period. michael. >> you're absolutely correct. and doug's, doug really hit the nail on the head which is that we keep calling upon chairman powell to to come in and rescue the economy from all of the damage that the biden administration's spending and regulatory policy is doing. the idea that at a time when we're incurring 40-year-high inflation that we need to keep throwing more federal money into the economy, that we need to keep telling businesses to cut back on their activity in order to abide by regulatory the dictates and then wonder why the fed's got to the keep raising interest rates as high as they are, there's a reason high the american people have lost faith in the economic leaders in our
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nation. it's because they see themselves suffering from wages not keeping up, they see themselves suffering from being unable to find what they need at the grocery store, having to make trade-offs between food and energy, and it doesn't matter how much harder they try, their wages aren't keeping up with inflation -- elizabeth: yeah, for two years. >> -- because government won't get out of the way. elizabeth: for two years. >> right. elizabeth: let's listen -- about spending caps of just 1% which are speed bumps, they're nothing. they won't even talk -- they can't even bring themselves to talk about spending caps, slowing down the rate of spending. watch this. >> reporter: does the white house see all spending caps as a negative or just the spending caps that are part of the house gop bill? >> i'm going to be very clear here, the president's going to have a conversation with the four leaders, as you all know. that's going to happen in a couple of hours at 4 p.m., local time clearly, and we're to going to stay focused on what congress needs to be doing here, their
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congressional duty, which is to prevent a dethe fault. elizabeth: let's be very clear to the white house press secretary -- [laughter] the price of a new car is up nearly 19% since march 2021. groceries are up double digits. inflation is sticky, it's entrenched. ford, mare marriott -- marriott, southwest all keeping prices higher by lowering the volume of their sales. so when it's katie bar the door with their spending and inflation, people and companies follow that and hike prices. more countries, doug -- russia, iran, brazil, argentina -- turning away from the u.s. dollar towards china's currency. even the president of france, macron, he's a u.s. ally, he's saying that europe should cut its dependence on the greenback. i mean, is this white house taking notice of how they're slamming king dollar? >> no, evidently not. and let me just say two things. number one, last time i checked the white house, regardless of its occupant, was instrumental in getting bipartisan
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legislation done, and this is a bill that will have to raise the debt ceiling by going through the house and the senate, getting 60 votes in the senate which means bipartisan, and they haven't lifted a finger on the legislative front. so, you know, regular order is take the house-passed bill, take it up in the senate, amend it as you see fit, why isn't that happening? that's something -- they keep pointing the finger at congress, but they have a responsibility as well. elizabeth: senate does. >> and on the regulatory front just to echo what michael said, the biden administration set a record for regulatory costs in its first year, over $200 billion. they're keeping on track to do that again. those are costs businesses have to pass along to consumers. what's that called? inflation. just stop. i mean -- elizabeth: just stop. >> -- this isn't complicated. elizabeth: it's not complicated, what you're saying. the house passed 71 bills under speaker mccarthy. looks like we've got with action, somebody about to come out and speak. senator chuck schumer under his leadership, only 22 the bills. we are waiting, watching,
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monitoring what is happening at the white house. thank you, michael, douglas. let's get right to new york post columnist miranda devine. we're watching action at the white house. the president is being criticized for commenting on hunter biden on msnbc amid the doj's criminal probe into hunter biden. this is happening right at the -- as the attorney for the irs whistleblower met with senate finance way and means. what did you think of what the president said? >> well, look, you know, on its face it seems to be interfering with the investigation because, of course, joe biden is the boss of merrick garland, the attorney general, and merrick garland is the boss of the u.s. attorney in delaware, david weiss, who's been conducting this investigation since at least 2018. is so that's an inordinate amount of pressure, political pressure being placed from the top. you know, this is the president's son, he should not
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be making any comment about the investigation other than to say he'll let it go ahead. elizabeth: so your newspaper, on to this story, your newspaper is reporting about e-mails that former federal prosecutor bud cummins, he's a george w. bush appointee, gave the justice department five years ago, in 2018, outlining an alleged bribery scheme involving the president? what's happening here? this is what your patient's reporting. your paper's reporting. >> yes. he provided, bud cummins provided us with that e-mail, can and these were very detailed allegations. he offered to bring to jeffrey berman, then the u.s. attorney in new york, these two john doe witnesses who said they had evidence about this bribery scheme to do with ukraine. and, unfortunately, bud cummins, who was, you know, previously the u.s. attorney of arkansas did not hear back from jeffrey berman.
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but what he did find out three years later is that the doj had subpoenaeded apple to get access to his iphone data. so as he said, it seemed like retaliation and rather odd to be investigating the person who brings these serious allegations to you, yet it seems not investigating biden. and that allegation was echoed by a different allegation -- elizabeth: okay. we're going to break for a second. we'll come back to you, miranda. we're going to listen to speaker mccarthy. just listen to this. >> -- came down to see him saying let's work together in responsible, sensible way that we can lift the debt ceiling and find a way that we can curb this increasing debt that is affecting every american family with inflation and now three banks of our largest banks have closed in the debt problem. nothing has changed since then. the only thing that has changed is the house has raised the debt
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ceiling and passed the bill. that's why we had a meeting today. everybody in this meeting reiterated the positions they were at. staffs should get back together. but i was very clear with t two weeks to go. chuck schumer could pass something, we'd go to conference right away and solve it, but i don't think chuck schumer can pass anything. they haven't dealt with it. unfortunately, the president has waited 97 days without ever meeting. every day i ask, could we meet, and he said, no. the house has raised the debt ceiling in a responsible manner. curb our spending at the same time, bring us economic growth. and i asked the president this simple question, does he not believe there's any place we could find savings? he signed a bill9 that the house passed, became law that the pandemic is over. we have $50-60 billion that have sat out there that's been appropriated for more than who
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two years that we could pull back and save the taxpayer money. we could put in growth packages that help us economically. cutting the red tape so we could build things in america again. we could have items that he actually vote for like work requirements that just passed in wisconsin with 82% of the vote are to help our supply chain get stronger. i would hope that he would be willing to negotiate for the next two weeks so we could actually solve this problem and not take america on brink. >> well, as i think -- elizabeth: okay, that is speaker mccarthy. they are clearly at an impasse. senator mitch mcconnell now talking. all sides sticking to their position. we want to get back to miranda devine because there's the heavy charge that was being alleged against the president. let's, can we just break down what you're talking about, the new york post is reporting, rather, that cummins wrote to
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then-u.s. attorney jeffrey berman in new york in the pall of 2018 that ukraine's then-prosecutor general was willing to share allegations that then-vice president biden, in return for money, had, quote, exercised influence to protect hunter biden's employer in ukraine, that would be burisma, the natural gas company. did we get that right? is that correct, what the new york post is reporting? >> yes, that's correct. and bud cummins also offered to provide two john doe witnesses who said they have evidence. now, we don't know whether this allegation is true or not, we have to say, but it just seems odd that bud cummins ended up being investigated, and it doesn't seem to be any such investigation into joe biden. and similarly, another whistleblower, a different whistleblower with a similar allegation has come forward and is speaking right now to james
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comer's oversight committee. so i think tomorrow when james comer unveils what he's found so far in this interim report, we may hear more. elizabeth: so this would involve wire purchases -- wire transfers going ostensibly to the benefit of the president and his family. this is what james, congressman comer is talking about, and it's also the wire transfers are what are at issue with mr. cummins is alleging, that money went out of ukraine, off the -- out of the burisma firm into the shell companies that the biden family was controlling. is that it? >> well, look, i don't want to conflate the two. all i can tell you is that there is this allegation that bud cummins brought to jeffrey berman, u.s. attorney in new york. he did not hear back, and instead his iphone was spy upon by the doj. elizabeth: okay. so final, final word.
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why isn't a.g. garland appointing a special counsel on this, miranda the? the what do you think? [laughter] >> well, look, it's political, obviously. and we don't know really how compromised my of these people in the doj -- any of these people in the doj are. merrick garre withland is in a really powerless position. he had a fine reputation in the past. he was put forward to be a supreme court judge, and yet as this biden administration continues to ensnare everybody around many in this cover-up campaign to protect joe biden and his family and their influence-peddling scheme, merrick garland's reputation is being tarnished whether he likes it or not. and it's extraordinary that he hasn't moved to to try and protect himself. i would also say that we've just published an exclusive on "the new york post" web site about jim jordan's weaponization
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committee's report which is believe to be coming out tomorrow. and there is evidence in there that the cia actually not only expedited that letter from the 51 former intelligence officials, expedited clearance of it unusually, but also solicited at least one signature from one of those 51 intelligence officials. i'll say that again. a cia employee from the cia's pre-publication review board solicited at least one signature from one of those 51 former intelligence officials, and that is according to testimony to the weaponization committee, and his testimony will be included in that report coming out, we believe, tomorrow. elizabeth: well, that sounds like another bombshell. an acting cia official, existing one, interfered in the 2020 election. miranda devine, thanks for bringing that news. we'll stay on these stories, and
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we're going to stay on the breaking news and the fighting over spending cuts at the white house, the breaking news there. kevin mccarthy, senator mcconnell talking about an impasse, no sides budging as an historic u.s. default looms. and former president trump, he backs a bipartisan bill to to stop future toxic train crashes like the one that hit east palestine, ohio. former first lady melania trump now ready to campaign, and former president trump today found liable for battery and defamation in the e. jean with carroll lawsuit. and sitting on the evidence that president biden did know about hunter biden and his family cashing in on influence. plus, china's growing power in america's backyard and michigan's agriculture department threatens a protester opposed to the a new battery factory if build by -- built by china. bill mcgurn, chris wilson, congressman mike johnson, economic pro carol roth and criminal defense attorney brian clay pool coming up tonight on
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these days, our households depend on the internet more and more. families grow, houses get smarter, and our demands on the internet increase. that's why we just boosted speeds for over 20 million xfinity customers, on us. so you get more of the speed you need for day and night streaming. more speed you need when you're work from homeing. and more speed you need as your family keeps growing. check in on your current speed through the xfinity app or upgrade to the speed that's right for you today. elizabeth: joining us now, gop pollster chris wilson, "wall street journal" columnist bill mcgurn. bill, let's start with you. okay, these two new news events, washington post, a abc poll the
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majority of voters say former president trump beats president biden and governor desantis. the majority say he is more physically and mentally fit. and then we have this new york jury verdict finding former president trump liable for $5 million for battery and defamation but not rape in the e. jean carroll lawsuit. so take this on, bull. what do you think of all this? >> well, i think the jury conviction is mostly white noise with donald trump. there's always kind of a circus trailing him, and his supporters will see it just another attempt to get their man. so i think it won't have any immediate if -- immediate impact, but it still leaves a mark. it enablings democrats -- when trump has to say i'm not a rapist, that's not really a good selling point. but again, you masked -- you pointed out the part that trump seems stronger than joe biden at this point, and anything can
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happen. elizabeth: yeah. and the former president said, he called this verdict ridiculous and saying that he will appeal it. chris, to you. former president trump endorses senator j.d. vance's bipartisan rail safety legislation to stop toxic train crashes like the ones that poisoned east palestine, ohio. you know, excuse me,st it's congressman vance. what do you think of all that? >> well, i've got to be honest, liz, i'm not all that familiar on the specifics of the bill. i do know it still has to go through committee, you still have to weigh the energy concerns on it, the cost to consumers. and so my bet is, is that his endorsement probably has very little impact on the final outcome and those members of the united states senate that were going to support it are going to support it ask and those who were going to oppose it will oppose if it. we have to weigh that against the overall cost and what the train owners are doing themselves to try and tighten up safety.
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i do think, if anything, it's an indictment on pete buttigieg's performance at transportation secretary. you've got kind of bipartisan opinions that he's just doing a horrible job and people have to step in and cohis job for him. elizabeth: and the president not going to east palestine, senator vance -- he's senator -- saying this is fantastic. it's bipartisan. it's got john fetterman, bob casey, scherr odd brown's -- sherrod brown's support. fox news digital reporting melania trump is looking forward to campaigning, looking forward to getting in the mix and working with the former president to win 2024. bill, that's a big plus. but we've got liz cheney, she's out with her 2024 ad attacking former president trump. she's thought to be running herself. bill, take that on. >> yeah. i mean, i think it's a too early to put much stock in oi of -- in any of these. it's going to be a hard-fought race. the majority of democrats would rather have someone other than
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bind on the ticket. biden on the ticket. trump, by contrast, seems to have enough support for the nomination for president, at least at the moment. and when the campaign heats up, we'll find out if those hold true. i think the republican primary is going to be a hard-fought battle, and i don't think the outcome is nearly determined yet. elizabeth: okay. so then we have the msnbc panel attacking cmn for having a trump town hall. it's going to the feature questions from republicans and undecided voters in new hampshire. let's watch this. >> it feels like horrifically bad judgment, to me. let's be clear about this, this is not journalism, this is entertainment. in journalism you actually will control the questions and the answers, and you will have some sort of a filter for misinformation. cnn will not be able to filter or control the disinformation that donald trump puts out on the air live, and cnn will not even be able to control the
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kinds of issues that are talked about. elizabeth: so what do you think, cnn anchor, you know, they won't be able to handle trump, they won't be able to ask questions of trump, voters in the audience won't be able to ask questions, chris. viewers can't think for themselves without the sensor -- censor yous screen of cnn anchors? anderson cooper, jake tapper, they can't handle this town hall? >> there's so much wrapped in that. first of all, it shows the disdain msnbc has for the american voter in general. secondly, i think it's interesting that donald trump uses cnn as his first are reemergence to address the american people outside of the network that most republican primary voters watch which is by all data sources fox news and fox business. so i think that's a mistake by him. but i do want to circle back to that abc news poll because it truly is an outlier. the one done by trump's own pollster for "the wall street
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journal" which had ron desantis leading joe biden by 3 points and donald trump losing to him by point -- 3 points. i think that, again, shows the sort ofmy develop pick nature of trump -- my optic nature of trump. elizabeth: well, why wouldn't he want to reach out to an audience that would want -- maybe for the first time to hear what he has to say, chris? why is that such a bad move by trump? >> because i don't think there'g to the people who are going to the choose first. the republican party will be a hard-fought campaign, and he's just sort of bypassing those for the purpose of speaking to really when it gets down the donald trump -- [inaudible] for cnn. elizabeth: got it. we'll see what happens. chris wilson, bill mcgurn, thanks for joining us. we're staying on the breaking news, speaker mccarthy, senator mcconnell, revealing they are at an impasse, no movement at this hour in the fight over spending cuts as historic u.s. default does loom are. we're staying on the news.
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elizabeth: okay, we're staying on the breaking news and the action out of the white house. they are still fight over spending cuts. they are at an impasse. also this story, the u.s. top military commander in the latin america now sounding the alarm on china's growing influence in the region. saying we need to act now. fox news' jennifer griffin, this is quite a stunning report that jennifer has. she's live at the pentagon with the story. >> reporter: liz, general laura richardson is, the head of u.s. southern command, says of the 31 countries she's responsible for in latin america, 21 have you signed up
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for china's belt and road initiative, buying up deep seaports, rare earth minerals and a new chinese military-run space station in argentina that china could use to blind the the u.s. in a future conflict. then there's the panama canal through which half the shipping containers from asia pass each year to get to the east coast of the united states. the chinese are gobbling up real estate on either end of the canal, 47 bilateral agreements since 2017. the u.s. has not had an ambassador assigned to panama for five years. 50 ambassadors are still waiting to be confirmed by the senate. >> who years, three years without an ambassador. brazil, three years without an ambassador. when countries see they don't -- we don't have our senior diplomat there, it shows we're not serious. and then they don't really do anything of substance with the united states. when we don't have our senior diplomat there.
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>> reporter: 80% of mexico's telecommunications are now controlled by china. chinese companies now have a monopoly in the lithium triangle according to general richardson. argentina, bolivia and chile where two-thirds of the world's lithium reserves needed for electric batteries are mined. >> the u.s. has the lowest level influence in the region as compared to the past 200 years. >> reporter: and recently honduras and oil-rich guyana shocked the u.s. by agreeing to renounce ties with taiwan under pressure from beijing. elizabeth: incredible journalism. jennifer griffin, thank you so much for bringing us that story. let's welcome to the show house republican conference vice chair, he's congressman mike johnson. what do you make of that report? >> it's frightening, it really is. look, we know that the chinese communist party is engaging in malign influence around the globe. it is a rising concern to all
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the american people. it certainly is a top concern of ours on capitol hill, and we need bipartisan consensus to crease this threat. we have to watch what they're doing. these chinese communist--owned corporations are involved in every aspect of our live lives. we have to keep a close eye on this. we have to monitor it closely. elizabeth: sounds like it's not happening according to our general. so there's that. and then we have florida ron desantis who signed a bill outlawing chinese agents buying up u.s. real estate near u.s. military bases in florida. and then michigan stating agriculture or department reportedly threatened to investigate a horse farm after its owner, lori brock, organized protests against this new $2 the.4 billion chinese battery factory made by the company goshen. it's going to sit on top of the third largest watershe would in
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michigan, so where are the environmental groups on that? >> yeah, great question. there's a staggering level of hypocrisy here and, i think, recklessness on the part of the white house and the administration. this is not a previous time, a previous generation of relations with china. they are in a winner-take-all scenario with the u.s. that's how hay see this. we're a competitor of theirs, we're an opponent, and we have to see this for what it is and act aggressively. we cannot allow them to bully their way through and give this sort of appearance of benevolence like they've done in these other countries. we're not going to fall for it, we can't. elizabeth: this battery factory's going to pull 715,000 gallons of fresh ground water a day. it also sits near the largest national guard training facility in the u.s., less than 100 miles away. that's the michigan national guard. they join taiwanese groups in leading the northern strike exercise in dealing with china, and the national guard has been training, also ukraine's defense, you know, officials.
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so that's what china is doing, building a battery factory near that. final word. >> yeah. well, there's huge national security implication to this, and this is a trend as with we've seen. they've bought up land in other states, often close to military installations. oh, and by the way, the biden administration lued a chinese spy balloon to do figure 8 around our military installations. they're not showing a serious hand here. elizabeth: congressman, thanks for joining us. our hot take is coming up on this: despite the president's heated denials, more e-mails show he did know about hunter biden's business deals including meeting with hunter's business associates. carol roth coming up the breaking news out of the white house between president biden, speaker mccarthy and senator mcconnell, they are at an impasse. they're now going to the microphones to give an update to the media. we're going to stay on the story with carol roth next. ♪ ♪
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the table. schumer is now saying mccarthy is keeping default on the table. they're going to the meet friday. mccarthy says it's on schumer to take up the spending cut legislation. how do you think this is all going to go down? [laughter] >> i think it's going to go down badly for the united states, unfortunately, liz. if we go this in a time machine and we go back to 2011, you remember that we saw our credit downgraded because there were concerns about out of control deficits and out of control debt. now, who was the vice president at that time? oh, it was joe biden. measured know better than -- he should know better than anybody else what is happening. and, by the way, that was during a time of fiscal monoair the policy expansion, not -- monetary policy expansion, not tightening. so he should know we are running off of a fiscal cliff. back then the debt was less than half what it is today, less than $15 trillion. we have a mandate here. the house has a mandate to get
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this under control. joe biden had that history understanding what happens if he doesn't, and for whatever reasos schumer who's in charge or whoever the person who is in charge here, but there is nothing that i can see that doesn't make me think that this is absolutely deliberate that they're trying to kill the financial foundation of america. elizabeth: so what's happening is the chicago federal reserve, the san francisco federal reserve all reporting and doing research finding that, yes, government spending, overspending leads to, fuels inflation. so there's concerns that we're pushing ourselves to a hyperinflationary environment. we've seen those studies out of the imf, the world bank, cbo, brookings. there's a carriage the when you -- this is a currency devaluation people are worried about with this massive spending overload that this white house doing. and it seems like hakeem jeffries and chuck schumer are running the show. chuck schumer's not taking up
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any of the house bills, they've passed 71 of them since speaker mccarthy took stewardship, and schumer 's only worked on 21 or them. >> remember when the democrats used to claim they were the party of the middle and working class, and as you talk about this devaluation of the purchasing power of americans, it is absolutely killing and crushing the working and middle class. and that is just a huge, huge kiss service to america. something needs to change. you talk about the inflation, obviously, we know they're on the wrong side of inflation. but even the treasury has had reports saying the level of spending is unsustainable. every single place whether they are affiliated with the government or government-adjacent acknowledges this, so just take the w here. elizabeth: yeah. it's this white house and democrat party that's being extreme. watch florida governor desantis and rf if k -- rfk
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jr. watch this. >> and when you have inflation, you don't want to be raising interest rates like the fed 's doing. they're trying to put us into a recession. what you need to do is reduce the amount of money that the federal government's spending. expand domestic energy production so we can get those energy prices down. [cheers and applause] that's how you tackle inflation. >> the reason i'm running is because i don't like what joe biden is doing with this country. i don't like the war in ukraine. we should have settled that war a long time ago. we're sending $113 billion over there. the entire budget of epa is $12 billion, the budget of cdc is 12 billion. we have 57% of americans who could not put their hands on $1,000 if they had an emergency. we have a quarter of americans who are going to bed hungry. elizabeth: carol, final word, i'm so sorry, you've got ten seconds. >> yeah. the fed e is giving them cover, take the cover, take the win, do some fiscal responsibility. elizabeth: got it.
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carol roth, thanks for joining us. our hot take coming up with criminal defense and trial attorney brian clay fool. -- brian claypool. e-mails show president biden met with hunter's business associates. let's check in with our pals dagen and sean, got an exciting hour coming up, you've got to watch "the bottom line." sean: thank you, e. mac. the debt limit negotiation at the house are -- at the white house are over, we'll talk about the path forward. dagen: right. they're crying default, default, the democrats are. well, that's their playbook, not the republicans unified. john car think on the financial fallout for all americans along with doug collins and liz peek. we're actually going to talk dishwashers. sean: big deal.ou t ♪ we're talking about cashbackin. we're talking about cashbackin.
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- call the number on your screen. - look, why don't you call aag and find out what a reverse mortgage can mean for you? - [announcer] call aag, the country's number one reverse mortgage lender. - call the number on your screen. liz: look who is back with us criminal defense, trial attorney brian claypool. good to see you. this story coming out of fox digital that hunter biden arranged a new york city meeting between then vice president joe biden and rosemont seneca, founder and donor of the hayden group. joe biden did know about what hunter was doing. >> liz, great to be back with
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you. not only did president biden know what was going on with hunter, but you also have i think another story that is staggering, that has come to light. i don't know if you heard about this, this former prosecutor cummings, he sends an health e email prosecutor this guy named berman, in late 2018, i have two witnesses that would support president biden in an alleged bribery scheme relating to buriesma. and berman who has got a fiduciary duty to our country, he not only does nothing getting those two witnesses interviewed but then retaliates against this guy cummins. it is staggering. he subpoenas phone records from cummins it is staggering how the d. the doj and fbi are not investigating latetant evidence
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of potential bribery by our president. liz: mr. cummins according to miranda devine gave information to the "new york post" about the emails detailing what you just described. tomorrow there will be a press conference by house oversight chair james comer about what they're finding based on bank records about the web of shell companies biden family was using to bury the cash flows from overseas deals. what are you looking for in that, brian? >> yeah. thank goodness comer is doing that. he is looking for a paper trail. he is looking for you know, where is money flowing. i think that is really important. i they comer was also, has subpoenaed from the fbi a recorded interview from an important witness. he wanted that as well. the fbi has not even responded yet and, look, at the end of the day people in this country should be outraged. our own justice department is
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arguably obstructing justice, failing to investigate potential crimes and refusing to produce what could be critical evidence to the house oversight committee. i mean, you know, i will finish with this, liz. i think this guy cummins should file a civil rights lawsuit against the doj for invading his privacy an for retaliation and use that to get some evidence against the doj. liz: what is striking about the government documents senator grassley's and johnson's team have been probing since 2019, how deeply hunter and james biden were involved in oil and gas deals around the world, in ukraine, in china, in the mid-east, helping china move, already moving into the mid-east, africa and europe for that, that kind of energy play. and they wanted to build oil and gas storage plants and logistic systems helping cefc throughout
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china in mead east and throughout europe to help china with oil. your final word? >> guess what, one of the top dogs of cefc, a communist corrupt energy company, who is the first person he called when he is gets arrested for corruption? joe biden's brother. that should tell you everything. liz: what are you looking for final word out of that presser tomorrow with james comer? >> i they comer is going to, he is going to, if he doesn't get the information he has subpoenaed i think he will go to court and file what is called an order to show cause to enforce compliance of that subpoena with the doj. liz: got it. thank you, brian. thanks for joining us, i'm liz macdonald. thanks so much for watching. time to send it over to my pal as "the bottom line," dagen and sean. we know you have a exciting show. looking forward to watching. sean: we do, emac, thank you
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