with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763. larry: in case you missed it kevin mccarthy, speaker mccarthy said by the way the new negotiations are going to be biden's top guy and mccarthy's people straight on. one on one, they just might get the debt deal done with spending cuts and we need to watch david asman in for elizabeth macdonald. david: and we need to watch that work fair. he was waffling a little bit in

the question-and-answer period so watch out. larry, great stuff, thank you very much. he thinks he's going to stick with it. i am david asman in for elizabeth macdonald and the eaching edit starts right now. we've got the very latest on the debt talks, coming up with steve moore and topanga phillips , they know their stuff let's get into further fallout from the durham report after four years john durham released his special counsel report on his investigation into the origins of the trump-russia collusion narrative. he concluded that much of the fbi's investigation was either directly or indirectly driven by the hillary clinton campaign. he wrote, "we conclude that the department and the fbi failed to uphold their important mission of strict fidelity to the law in connection with certain events and activities described in this report." joining me now is somebody who knows the fbi very well. former special agent for the fbi , agent nicole parker agent, thank you so much for being here. thank you for your service.

your wonderful service with the fbi and again, the main stay folks in the fbi were with him 100% but there was a lot of shenanigans going on and the durham report lays it out specifically in detail, but here i just want you to listen to the way the press described the essence of the durham report , assuming they read it. roll tape. >> durham's whole thing is predicated on, it's like a rabbit hole conspiracy. >> this is a predictable, saddening to an investigation that never should have taken place. >> what you have with john durham is, look, it's a big fat nothing. >> durham is a kind of pathetic character. >> there's nothing new here. we knew from the beginning this was never a legitimate investigation. david: okay a nothing burger, what do you think? >> i think it's anything but a nothing burger. i think this is very very important. this is an investigation that durham has worked very hard on for several years. you know, a lot of things we did already know, but americans

deserve to know the truth and the bottom line is that case, there was no evidence to open that investigation. they were taking an uncould be rated piece of information a dossier to the fisa court and swearing out a warrant. as an fbi special agent you need to be operating with the highest level of integrity and honesty. you're being entrusted by the american people to uphold the law and there should never be anything that appears to be a misuse of power to be pushing any sort of political agenda. david: and you know, there's been some big miss statements about what durham has done in the four years since he started the investigation. some people said well, he had two cases in court that where he didn't win, but he also had a case in court in which kevin klinesmith, a lawyer for the fbi , admitted that he fiddled with, he essentially presented false evidence to a fisa court in order to spy on an american. now, when an individual is doing something like that, using the

fbi, using one of the most powerful investigative agency that we have in this country, to attack someone for political purposes with false information, that ain't a nothing burger is it? >> that's extremely serious and unacceptable on every level. i left the fbi because i was witnessing a pattern of politicization at the fbi. myself and many others have seen this and it has got to change and the response to this has been well this was in 2016-2017. there have been, you know, measures put into place to ensure this doesn't happen again david: actually before you finish your statement let me just read specifically what the fbi said because we have it up on full screen. the conduct in 2016 and 2017 that special counsel durham examined was the reason that current fbi leadership already implemented dozens of corrective actions which have now been in place for some time, had those reforms been in place in 2016, the missteps identified in

the report could have been prevented. go ahead. >> in continuing with that point, i believe that many americans believe that the fbi is politicized right now and i believe that there are many current and former fbi employees who believe that the fbi is politicized. that is not okay, and you know, you can get rid of the individuals. i respect that. they got rid of the individuals involved in this. many of the individuals are no longer with the fbi but several of the individuals who were mentored and trained by those individuals who are no longer at the fbi, they are still at the fbi and that culture continues, and there's been training put in place. operation crossfire hurricane trained every employee had to take after this happened. i was down working in miami with absolutely nothing to do with this. thousands and thousands of fbi agents who are working hard everyday had nothing to do with this but we all faced the consequence and unfortunately the american people no longer, many of them do not trust the fbi, and when you have a report like this come out, it doesn't help the fbi to time when a lot of people don't trust us, and trust the fbi.

that's not good. david: when they say that the missteps have been taken care of and everything they are assuming it was done in 2017, 2018, et cetera. we have 2020 and the events surrounding the election of 202t particularly the way the fbi was communicating to people on social media. we have zuckerberg, the head of facebook, coming out saying that the fbi warned him of a russian propaganda campaign, right before the hunter laptop information came out and an fbi agent a judge says that an fbi agent could be deposed for allegedly working with meta to bury the hunter biden laptop story. we also, and the bottom line is, they had the fbi actually had the laptop, so they knew that reports that this was russian information were false because they had the actual laptop in their possession. that was in 2020. >> right, so when you say well this was all fixed back in 2016, 2017, but you're continuing to see a pattern,

then, you know, americans just don't trust. the bottom line is the fbi needs a massive cultural overhaul on a very high level. you know, we look at it like fbi 1 and fbi 2. fbi 1 those are the rank-and-file agents coming in they want to serve and protect the country serve with honor and work with integrity. fbi 2 is more people at the top. many people in d.c. people that are using their personal opinions and their power to push their political agendas and that's just not okay to regain the american trust it doesn't happen overnight, and when they continue to see patterns of this occurring even right now, there are things i believe need to change, and i hope and pray that things get better but right now, i think the fbi needs some serious cultural shift and some changes to regain the american trust if that's even possible. david: agent parker we've been here before. there was another overhaul in the fbi that happened in 1980 after hoover died and we found out all the stuff he had been doing whether it was in the

nixon watergate as era or whether it was spying on martin luther king, et cetera. it is an agency that you have to watch very carefully because it can be so misused for political purposes. it has been done in the past. why did it manage to fail to achieve the aims that were put forth by the church committee and other people that tried to reform it decades ago? >> you know, for me, it comes down to individual integrity. you have a massive organization and when you come in as an fbi agent and you are taking an oath to uphold the constitution of the united states of america, it is -- you are being sworn to tell the truth. to have honesty. to have integrity. it is a massive organization. the oversight, they are trusting that each individual is going to be honest and to do the right thing and i know it sounds simple but if everyone was operating with integrity we wouldn't be having these issues and these politicization issues. this is a cultural-wide,

worldwide issue but especially at the fbi. you are being trusted to operate and to protect this country, and to uphold the rule of law and you need to do the right thing. david: i'm very sorry you're still not with the agency, because they could use you now more than ever. agent parker thank you very much for being here with us today. we really appreciate it. >> thank you. david: for more on all of this let's bring in 2024 presidential candidate vivek ramaswamy. vivek, great to see you. thank you for being here. i don't know how much of agent parker you heard, but she's saying we need a major overhaul again. you're suggesting that even another overhaul wouldn't do it, right? >> look, when administrative bureaucracy becomes this corrupt , you can not reform it. i think the right answer is you have to shut it down, and i don't think that's nearly as extreme as it may sound at first. even at the local level you have local prosecutors and local police. at the federal level you have

the dodge and you federal marshals but you also have this intermediate institution sitting in between that is the fbi. when you have an extra administrative agency, david, that is a formula for corruption that is a cesspool for administrative rot, and now we've seen it. dating back from 1960 hoover's fbi, spying on martin luther king trying to pressure him into committing suicide. now years later going after donald trump in the other direction. that is part of the culture of this institution and that's why as the next president i think the right answer is to shut it down and to allow other law enforcement agencies like the dea to continue taking on these drug cases and fold the investigative arms into the doj. david: let's talk about how it got this way because with 9/11 we found out there was this wall between the fbi and the cia, information was not being passed between agencies. they tore down that wall to give us better security. we created the fisa court but we just saw how the fbi was able to use the fisa court to do

political spying on their political enemies, so should we get rid of the fisa court as well, another part of the patriot act? >> so, look. i'm actually in favor of rolling back the patriot act entirely. that's a slightly separate point from the bureaucracy point is that i'm not saying that shutting down the fbi is a panac ea. it is just a necessary step in part of reviving the life blood of a constitutional republic. there's a lot else we're going to need to do as well but i think if we're willing to take bold steps we can restore a system of government with actually three branches of government rather than four. this unconstitutional, un accountable fourth branch and the fbi is an emblem of what's wrong with that. david: but it is a dangerous place and we still have threats from places like china, iran may become nuclear soon. do we have enough force and security to protect ourselves from those enemies outside of our country? >> look, i think that it's really important to have federal law enforcement as well as

actual national security protection, but i think that in many ways, we're failing to do that job well because of the politicized distractions. think about the resources that were spent on this probe. that alone is an afront to a republican and democrat alike that this kinds of resources and attention of this bureau was spent on this hoax of an investigation. one of the things that is administratively messed up is the dea and the fbi pursue drug cases acceptrately. so i think that it's a false trade-off between saying we can't actually cause law enforcement to follow the law but to say that we're protecting national security. no, i think those two things go hand-in-glove together and that's what i'm going to restore david: we're talking about cutting the government. let's talk about cutting other parts of the government because we have these debt ceiling negotiations going on. the administration is resistant to any suggestion of any cuts whatsoever that may be changing now as a result of mccarthy and

biden talking together, but you suggest that whole departments like the department of education could be gotten rid of. certainly look at the track record of the department of education where test scores continue to go down despite the fact that we're spending more money than ever on that department. it seems to make sense. >> right. the federal government should have no role in local education. that's an agency that now spends $90 billion a year in part on radical racial and gender ideologies on the local schools, so we could shut that down for less than 25% of that budget , we could actually put three armed security guards in every school across this country , and the remainder could actually be used to fund the supposedly underfunded school choice programs at the state level across the country. it's not even close which is a better use of taxpayer money, but i think this is part of a broader overgrowth of the administrative state. as it relates to cutting spending one of the things they

ought to be able to do biden ought to be able to agree to is attaching work requirements to everybody receiving certain entitlements like welfare. i can't see why they can't agree to it now. david: we're going to talk about that but finally i have to throw this in here because a lot of our young producers here would like to take issue with your proposal of changing the voting age to 25 unless you do public service or work in the military. there was, we had a guest on from brigham young on fox news. i just want to play that and get your quick reaction. roll tape. >> sure. >> i truly believe that americans and especially americans who are my age should be more involved, but taking away the right to vote isn't the way it's going to get them more involved. i don't think magically by the time we turn 25 we're all of a sudden all knowing and ready to vote. the point of having a republic here in america is that every person whose involved in our society should have the right to vote and whether or not they use it, well that's on them. i think forcing people to dread

joining the military, you aren't going to cease these voters all of a sudden running to go join the military so they can vote. david: vivek, 15 seconds for a rebuttal. >> so you don't want to join the military fine. pass the same civics test that every immigrant has to pass in order to vote in this country, and i will stand by asking why it's a bad idea for an 18-year-old to know something about the constitution before voting at a young age and many young people are actually for this but i'm glad we're having the debate. david: vivek ramaswamy, great to see you. safe travels on the campaign trail. good to see you, thank you. well, parents frantic in new york over the cities decision to start temporarily housing migrants in public school gyms. could this cause safety and potential learning disruptions. also, president biden and speaker mccarthy wrapping up today's latest round of debt ceiling talks. speaker mccarthy says the two sides are still very far apart on negotiations but they have already taken a default off the

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david: well president biden met with congressional leaders earlier today to discuss the looming debt default day. mccarthy says the default is actually off the table. grady trimble is live at the white house with more on all

this. grady? reporter: yes, david. that is the agreement that came out of this meeting that default is not an option but beyond that , president biden and the big four wouldn't go into details about exactly what they negotiated in this meeting that lasted about an hour. both sides though characterized it as productive. leader schumer said it was more cordial than the previous meeting. speaker mccarthy says they are still far apart. it is possible, he says, to reach a deal by the end of the week. >> for 97 days, the president ignored us and said we couldn't meet. it wasn't until the republicans would no longer ignore the problem and actually raise the debt ceiling, pass a bill, did we finally get a meeting. it's unfortunate we are where we are but the good thing about it is republicans always look to find a solution. reporter: mccarthy wants permitting reform, work requirements to receive government benefits, to clawback on spent covid money and budget

caps. we don't know which of those are on or off the table right now. we do know speaker mccarthy and the white house have picked key members of their staff to keep hashing out their differences. >> and hopefully we can come to an anthropology agreement. we don't have much time but default is the worst alternative having a bipartisan bill in both chambers is the only way, the only way we're going to avoid default. reporter: and while lawmakers met here at the white house, demonstrators gathered at the capitol. these folks here are protesting spending cuts under speaker mccarthy's proposal. police took several of them into custody. we also know back here at the white house that president biden is set to leave for the g-7 summit in japan tomorrow. we've learned this afternoon though, david, that the other legs of that trip to australia have been called off indicating that the president wants to be back here to keep working on

this debt ceiling deal. david: good. good. i'm glad to hear that. grady thank you very much. for more on all this we turn to steve moore senior fellow at the heritage foundation, which is a great hotline, if you get it and tom phillipson, economic advisor during the trump administration. tom, first to you. i want to play a little bit of what mccarthy said about the possibility of default and get your reaction. roll tape. >> we already have taken default off the table because the house republicans passed a bill that raised the debt ceiling, limited our future spending. if you take a democrat position what you're telling to americans is i need to go borrow more money from china to give to somebody whose ablebodied, no dependents, and pay them not to work. david: so we're going to talk about work requirements in a second, tom, but you said that just "the talk" of default is enough to cause damage. you said that in a "wall street

journal" editorial today. do you think that what mccarthy said today will calm markets tomorrow? >> i don't think so because they have been saying for the last few months that there's not going to be a default on both sides. they are agreeing for a long time now so there's no news really and the markets are taking a little bit of a beating , not so much but if you look back at 2011 when we got downgraded in our debt from the highest rating, credit rating, markets took an enormous beating and it was exactly the same rhetoric then, that we would never have a default et cetera, so we're waiting for markets to force politicians to act and that's implicitly saying that even without a default, there's a lot of damage going on here. david: yeah, well steve, we have heard that there's agreement on things like clawing back, the low lying fruit is clawing back some of those covid funds that haven't been spent. that looks like they may have an agreement on it. they may also have agreement on permitting more reforms or

permitting reforms for drilling which is a good thing but on work fair, i heard some waffling on mr. mccarthy as to whether or not that would get through. of course a lot of the radical democrats are saying that it's going to increase poverty when in fact it had exactly the opposite effect when it was down in 1996. >> david, first let me say that i agree with stanley drunken miller, a legend in investing who said you know you've got a 30-foot wave coming , which is the debt ceiling, and then behind that you have a 600-foot wave which is the debt itself, and i just want to make sure everybody understands. the crisis here is not that we might not pass a debt ceiling bill on time but that we don't do anything about a debt which this year by the way david, if you look at the latest numbers coming in we're looking at another $2 trillion deficit. these are gigantic numbers. now, in terms of whether or not with these negotiations you've got the story pretty much exactly right, david. the low hanging fruit, you know, of course why would we spend

covid money by running a $2 trillion deficit but "i feel pretty" strongly and i think i've talked to the house leadership. we got to get work requirements. by the way it's an 80/20 issue. david. 80% of americans agree with work requirements for welfare. i also think that the big issue that's going to be a hang up is biden wants his 83,000 irs agents, the republicans feel very strongly. we don't do that and then the other one is that $300 billion green energy slush fund, which we can't afford, is not going to help the environment so there are a lot, my point is there are a lot of issues still need to be resolved here. david: well, tom, finally i don't mean to beat a dead horse and i hope it's not a dead horse but work fair works. i mean, and by the way, one of the biggest supporters of it back in 1996 was a senator joe biden. he was very firmly in favor. five years after it was instituted they did a study not only did welfare roles come way down but poverty particularly childhood poverty came down as

people went out to work. their parents went to work. businesses were recruited to hire more people. we have now more jobs than we have people looking for jobs, so now is a perfect time for it. no? >> yeah, no, i agree. i think part of the labor supply issues we have had started to clean-up a little bit but in terms of labor force participation, was exactly that, obviously, that we made it so financially advantageous not to work, and not to put in any hours, you get an income at home , but coming back to steve's point which i think is really important is that this is a small risk compared to the series of risks that's been levered by our government and also the tsunami of a future debt. if you look at excessive covid prevention that was a major risk to markets. the price uncertainty through inflation was a major risk, rate volatility through the fed was a major risk and then unlike the 2008 financial crisis, government manufactured a financial crisis through that

problem. david: uh-huh, well work fair works and it's absolutely true. we have the evidence for it. joe biden was in favor of it back then before the radicals took over so hopefully they hash that out. maybe he will have some sort of spirit of independence. >> david do you know what else works? drilling getting revenues for the government and jobs and that's another one that's a big sticking point and look, the republicans are holding all of the cards right now. i don't want them to compromise too much away here. david: well let's hope senator manchin doesn't compromise on the drilling issue again. gentlemen great to see you both thank you very much for being here. well, democrat brandon johnson sworn in as the mayor of chicago as companies are leaving in droves amid the windy city's crime crisis. also, participants frantic in new york over the cities decision to start temporarily housing migrants in public school gyms. could this cause safety and potential learning disruptions even more? we have it all next on the

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david: and to north growing crisis that's happening all over the country but now in new york city, we are running out of places to house migrants. how many places in the country is that starting to happen? now they are starting to put them in public school gyms and parents are outraged. fox news nate foy is live at a school in brooklyn. nate? reporter: hey, david. yeah, mayor eric adams is considering 20 different schools across the city to house migrants. each school has a disattached adjacent gym but parents are concerned because there's a 10- 20-foot distance between the gym and rest of the school and they aren't comfortable with that. because of that they have been protesting since the early morning hours. take a look at this protest. they say this is not a good solution for the migrants, or for the children. they have safety concerns for their child and they are also worried about their kids who just went through all of the

social restrictions involved with covid and now gym classes are canceled. a lot of extra curriculars will be limited because the migrants fill up the space in the gym. listen to this. >> it is very difficult to wake up on mother's day in the morning and receive a form letter with very little information from the superintendent' office which is lead by the mayor's office telling us we have no more gym and i'm thinking wait, graduation? fundraising events? school-wide program events? after school program enrichment all that went out the window with this letter. reporter: david, we saw another protest at the ps-17 elementary school in brooklyn and today we're learning a state supreme court judge issued a temporary order prohibiting new york city from sending more migrants to orange county which means mayor adams will have to continue finding solutions and ways to house these migrants which could mean more migrants in school gyms. listen to him today. >> everything is on the table

as we continue to get this influx, we're going to have to manage it. everyday we are managing what we are facing. reporter: so david, coming up at 6:00, parents are meeting here and they are talking about organizing a potential boycott, holding their kids home from school until this decision is reversed. the pta co-president tells me today alone, 30% of the students did not show up for class. 142 kids were no-shows as a result of this policy. we'll send it back to you. david: again, by the way, again , after all of the nonsense with the school lockdowns from covid now we have this. nate foy, thank you very much and let's welcome to the show from house ways and means committee new york congresswoman nicole malliotakis. congresswoman, good to see you again. you know, as usual, the new york post said it best. we can put the front cover of the new york post up. kids sacrifice, and you know, as

i just told nate, i mean, once again, they went through so much during the past two years of the covid. we saw test scores drop. now they aren't going to have gymnasiums to go to, what can you do about it? >> it's an absolute tragedy what we're seeing happen to our children. they did lose two year instruction and now they have their gyms taken over by the mayor to house migrants. the answer is simple. the mayor needs to stop misinterpreting new york cities right to shelter law. this law from 1979 was a court decree that required the city house homeless new yorkers. it was never meant for individuals who are citizens of other countries or individuals who strolled into across our border last week. this is what he has created by misinterpreting and insisting that the migrants need to be housed here in new york city. david: but congresswoman, there's another layer to this , which is sanctuary cities. i mean, new york is declared het

rescinded that designation, has he? >> no, he has not and by the way, sanctuary cities never meant free housing so he could rescind sanctuary city policy as certainly what bloomberg and guiliani were doing were very different than what bill deblasio and eric adams are doing under sanctuary policy, but the other thing is the president of the united states. the mayor needs to tell the president of the united states to rollback his executive orders. he came in on day one and rescinded policies that were working and stemming the flow. he can go back to president trump's policies today if he wants and this would stop. he can go back to president obama or bill clinton's policies and it would not be this bad. that is what we can't understand why the president continues to do this to taxpaying americans. it is really wrong and i hope that pushing back against these ridiculous policies. david: well you know, one thing that the president said is right we are a nation of immigrants. obviously your last name

indicates that. i married an immigrant. we are a nation of immigrants that keeps us lively and alive and regenerates our economy, but if people are coming here to work, that's great. if people are coming here just to take what the government is giving them in a welfare state, that is very unhealthy. >> well look. i think there's a compromise here for sure, because republicans passed a border security bill the other day and guess what? it does exactly what the customs and border patrol agents tell us they need to do their job. it also returns us back to the trump era policies that were working and stemming the flow. the senate, however, passed zero policy. they don't like our bill. they should pass their own but let's reconcile and get this done. we can do both issues, address our labor shortage. we can add more work visas and family sponsored visas but we have to do it the right way as you said the way my family came and your family came we have laws that must be followed. david: but the combination of an open border and a welfare state is the worst of two world's. i mean, it's just, it really is

pulling this country down and it's not just new york. it's happening all over the country. congresswoman, thank you so much for being here. nicole malliotakis. >> thank you. david: well, open.ai ceo sam altman testifies on capitol hill amid growing concerns about artificial intelligence. we'll have more on that. also democrat brandon johnson sworn in as the mayor of chicago , as companies are leaving in droves amid the windy city's crime crisis. that's next, on the "evening edit." that this connection is here. one of the things that my mother told me when she was in the hospital, she didn't tell me, actually, she couldn't speak at the time, but she wrote it down... "go see alicia." oh, my goodness. you know, and there was never a time that you were too busy. there was never a time you said i'll call you back, you know. i needed to be there to carry you through, just like, you know, some of my friends carried me through. your record label is taking off.

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david: well chicago's new mayor brandon johnson sworn in yesterday as the cities 57th mayor. he addressed the cities ramp about crime in his inaugural speech and also said the city has "enough room" for the migrant surge. let's bring in national police association spokesperson sergeant betsy smith. sergeant, i've got to tell you, we just had a report on new york and how we're having terrible time dealing with it here. we know they're having problems obviously at the border as well. is chicago ready for the surge with everything else going on there? >> well, clearly, they are not, because many of those migrants are sleeping in the lobbies of the chicago district stations and police officers are helping feed them. the cops are bringing clothing

from their own children to help clothe these migrant children so no they definitely aren't ready. david: meanwhile you've had a 45% year-over-year increase in overall crime. i mean, it's just a huge jump and then you have businesses are leaving on mass and that's tax revenue. i mean, you can't do without businesses. you need the businesses to provide services for the community. you also need them for the tax revenue. sean duffy, from the cma, suggesting you have to deal with the crime situation or maybe they are moving out as well. >> well, sure. walmart has pulled some of their stores out, boeing pulled their headquarters, so it's going to be a difficult time, but brandon johnson said he's going to tax businesses more. he is going to tax the rich and he's not afraid to shake things up with the chicago police department. he wants to get rid of the gang database even though we have 32000 street gangs in this

country. he wants to get rid of shot spotter technology. he wants to have more detectives but he's not talking about how he will patrol the streets and get more cops on the streets so it's going to be an interesting time for this city of chicago and right now, as things get warmer, crime always goes up especially violent crime. david: sergeant, you've got to tell america, who isn't familiar with chicago, why then, knowing all of this , because the chicago people must see the increase in crime. they are suffering from the increase in crime, not to mention city services going down with less amount of revenue you have. why did they vote for somebody to the left of lori lightfoot? >> the neighborhoods that voted for brandon johnson are the highest crime neighborhoods in the city. it is inexplicable but you have to remember the politics of the city of chicago. i am illinois born and raised, and that, the democrats have had

control of the city of chicago virtually for my entire lifetime republicans don't even run, so right now, the people are getting i guess you could say what they voted for , but we're seeing a lot of frustration from especially the african american community about the migrants because the migrants are getting things that the african american community is very frustrated about. they want jobs. they want housing, and the mayor has pledged moste migrants. david: very quickly it's not just the city of chicago. you had the governor of the state of illinois sign this new law so-called "safety act" safety, fairness and equity act. parts have been canceled by the state supreme court like the elimination of cash bail, but it still must be creating a lot of problems for the police. quickly. >> i just spent two days training cops in illinois. they are very frustrated but very dedicated to their people, but remember, illinois is the number one city people are

fleeing from. it's very frustrating. david: sergeant betsy smith, we really appreciate the work that you're doing and appreciate you taking time for us. thank you very much. >> thanks for having me. david: of course. well, open ai ceo sam altman testifying on capitol hill amid growing concerns about artificial intelligence and coming up, we have yet another presidential candidate, two in one night, there he is, author and radio talk show host larry elder is with us saying california governor gavin newsom is in a lose-lose situation over reparations in his state but first let's check in with our friends dagen and sean to see what they have coming up. >> sean: thank you, david. we have a show that's going to dazzle, florida congressman as well as morgan ortegas is coming as well. david: miranda divine and jason rantz, plus the anti- capitalist cafe, the

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in today's hearing. everything from who is accountable for harm done by artificial intelligence to the potential impact on free elections. there are two key parts i want to share with you in detail and the first the hearing really differenced into the the dived impact on jobs. they had a deep fear that artificial intelligence could destroy millions of jobs. sam altman said history argues that tech revolutions come with new jobs as well. not all the witnesses were buying that. >> i believe there will be far greater job on the other side of this. the jobs of today will get better. >> always the case in the past we had more jobs, and new professions come in as new technologies come in. i think this one is going to be different. >> reporter: for context recent research backs up the professor here on this one. there is new study from the world economic forum, that 83 million jobs will be lost by 2027, only 69 million will be

created. that net loss of 14 million jobs in next four years pushes back on altman's claims. the key take away was central tension how to regulate the space. ibm chief trust officer, she was a witness at hearing she vehemently against regulating tech it itself. altman was for it. >> that they can take a license away to insure compliance to safety standards. >> reporter: to summarize, the hearing revealed a deep understanding how dangerous can be. david, lawmakers questioned themselves whether washington has the expertise to regulate it. back to you. david: that is a very good question, kelly. we turn to the california as debate for reparations heating up as california's economy freezing up. governor gavin newsom receiving proback for failing to endorse the reparation plan that was put

together by a team he appointed. it would be up to one trillion dollars. we found out that the state's deficit is getting worse a lot worse, now estimated $31.5 billion. for reaction, welcome 2024 candidate, former california gubernatorial candidate. you have a strong ability to take pain on the campaign trail. this parallels the craziness happening inside of the beltway. explain to me how california can even talk about a trillion dollar reparations plan while it has a $31.5 billion deficit that's growing? >> it's puzzle. the other big problem, david, is that california was ad mid as a free state, not a slave state. david: right. >> i call reparations extraction of money of people who were

never slave owners given to people who are slaves. this could be $800 billion as you pointed out a trillion dollars. 2 1/2 times bigger than the enstate budget that is running a deficit as you point out we have $1.5 trillion unfunded pension liability. this is not just cash payments. they recommended suspend the s.a.t., rent control, felons get the right to vote, those behind bars get the right to vote. free health care and apology for slavery and also race-based preferences or affirmative action even though california voted twice against affirmative action mows most recently two years ago. david: unlike the federal government they can't print money. california institute ad lot of race based policies, involving equity issues, the concept unless everybody ends up in the same place it is unequal or unequitable. what do you make of this. what would you do if elected

president to turn things around? >> the real gap is gap in fatherlessness, david. 70% of black kids enter the world without a father in the home, married to the mother. barack obama said a kid raised without a father is five times more likely to be poor. the formula to escape poverty. it is pretty clear. finish high school, one where you can read, write, compute at grade level. why we need school choice because 75% of black boys in california can't read at state level, grade level. the other formula, don't have a kid before you're 20 years old. get married before you have the kid. keep that job, until you get another job, avoid the criminal justice system. these are things we should tell black people, instead of telling them they are victims. there was study done in 1997 david, teamed up with cnn "time" magazine for all people. both blacks and teens were asked

do you think raisism is a major problem in america. not too surprising both said yes. black teens do you feel racism is big problem, small problem or no problem in your own daily life? 89% of black teens in 191997, racism is small problem, no problem in my own daily life. twice as many black teams failure to take advantage of available opportunities is bigger problem than racism. this is america -- sean: education is a huge part of the problem. we have only 10 seconds. are you for school choice? >> absolutely. please go to elder for president.com. i push school choice, better grades, better test scores, better graduation rates. david: larry we have to leave it at that. the great larry elder. i'm david asman in for elizabeth mcdonald, time for "the bottom line". take it away. dagen: thank you, david. i'm dagen mcdowell, i'm sean