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stuart: i think that the producers are being nice to me, playing the beatles on the grounds they may or may not be pleased to see me back but there you go. they are playing the beatles that looks foggy. lauren: it does. stuart: that's smoky days from last week in new york city. well i've got it all. it is 11:00, eastern time, monday, june 12 and here is the markets. a little bit of green not much but some. dow is up 40, nasdaq is up 65. show me big tech please. earlier they were all doing well pretty much the same story now. meta, amazon, apple up, alphabet and microsoft down ever so slightly. the yield on the 10 year treasury keeps going up 3.77 as we speak. now this. gavin newsom is the governor of california. he wants to be the president of the united states. he hasn't declared yet but he's making all the moves. i don't think he's got a prayer. last week, newsom called the governor of florida a "small

pathetic man." little strong maybe? ron desantis had flown migrants to sacramento the capitol of the sanctuary state of california, so why worry? newsom says that it's kidnapping roll tape. >> this is joe biden dumping people in florida. >> he doesn't dump people anywhere. >> what's the difference between what joe is doing and what desantis is doing? >> manipulation. false representation. stuart: if newsom does get into the presidential race, i guess he's written off the state of florida, because to floridians, there's nothing pathetic about their state's booming economy and budget surplus. last week, newsom called for a constitutional amendment to restrict gun rights, classic politics. he gets the anti-gun folks on his side knowing that it takes decades to change the constitution. nothings going to happen. same with reparations, newsom sets up a task force. it recommends paying out billion s to the descendents of

slaves and then newsom walks it back. "we need to wait for the task force to finish its work" he says. what a mess. it is a sign of desperation of the democrat party that anyone should give credence to a newsom campaign. there's a long list of very obvious failings in california and very few obvious successes. here is the question. do we want our country to be governed like california or florida? no contest. third hour of "varney" starts right now. well, well, here is joe concha joining me this monday morning. please answer my question. do we want to be governed like california or florida? >> well, let's run through the numbers, stu, and then we'll let the audience decide, right? because gavin newsom, nice hair, nice smile. he's all sizzle and no steak so let me get to some of those

particular numbers that we were talking about. if you want to live in california, you've got to pay 13.3% in income tax. you know how much you have to pay in florida in income tax? 0.0. okay? california's crime rate is driving a mass exodus out of the state. san francisco has the highest exodus of any city in the country, and you'll never guess where they're going. states like florida, texas, tennessee, they are all run by republican governors. california has the highest poverty rate in the country. florida wasn't shutdown like california as during covid as newsom broke his own mask mandate, french laundry restaurant anyone, super bowl? again and again and at last check, there aren't tent cities taking up good chunks of tampa or jacksonville like they are in los angeles or the city by the bay, so newsom can talk tough, stu, while living this land of, you know, lollipop s and rainbows. a simple look at his record shows he's all foam and no beer. stuart: next one for you, joe. newsom refused to give his

opinion on biden's mental health watch this. >> do you think he's cognitive ly strong enough to be president? >> i had conversations with him all the time, yes and i'll tell you what you do. >> i'm dead serious about that. >> i've talked to him when he's been overseas. i've been in air force one, marine one, the limo with him, i've spent time with him. >> okay, but you never answered my question directly. how many times does your phone ping a day people saying you need to get in this race because they agree he's not up to the job. >> i would say -- >> answer the question. i'm asking >> and i'm not answering. stuart: i think he was a little flustered there with his response, joe. how about it? >> yeah. he's definitely running. i don't know if that's going to happen in 2024 because democrats tend to stick together but is he planning for 2028 and does he see a ron desantis as his opponent which is why he goes after florida so much now, yeah, probably but you could see the scenario playing out where joe biden defeats donald trump again because the media

focuses entirely on trump's legal woes up to election day and they make it a referendum on the challenger on respective records on economy, border crime , where trump has revenge on all those in terms of performance and public perspective if you take the personalities out of it so if that happens and biden gets another four years it is completely plausible after he wins and serves a year or two he announces his resignation and hands the presidency over to kamala harris. he does so proudly and says he's going to make history by clear ing the way for the first female president in history meanwhile people forget democratic voters overwhelmingly rejected kamala in the 2020 primary so definitely gavin newsom is running in 2028. i think it's a no doubter but the question is does he jump in this time because joe biden is polling so horribly among independents. he's seen as too old and newsom is seen as the next chapter of the next younger face of the democratic party. it could happen, sure. stuart: i made some waves earlier this morning when in an editorial, i said that a vote

for biden in 2024 is a vote for president harris. would you agree with that? >> oh, yeah. i mean, it's funny that you wrote that. i didn't see it i'm sorry but yeah. that's absolutely the case here, because most people don't see joe biden at age 86 being in the oval office and that's the age he be if he won re-election and again, it's not about a number in terms of age. it's how old he is perceived and how old he is acting. you look at his daily schedule. it's almost non-existent and you look at his campaign so far he announced two months ago. he's had exactly one campaign event and no press conferences that are solo this entire year, so could i see kamala harris being handed the baton since she can't win at the voting booth at the ballot box and joe biden handing her the presidency? sure, i could see that scenario as well, stu. stuart: just a fascinating situation. i don't think we've ever been in anything like this before. president, former president, indictment, criminal charges, courtroom appearances, heaven knows what else. joe, great to have you on the

show. don't be a stranger. we'll see you again soon i hope. thank you. >> you're all right, stu, thanks. stuart: to get to the markets. get to them right now. dow is up 30. nasdaq is up 60. modest gains on a monday morning and lou basenese market guy of the moment with me. you say it may be too late to get in on the tech rally. really? >> well i've got to be careful. i'm a tech guy for life so there's areas of tech you've got to be careful in and we were talking about tesla. 12 days in a row running. it's not a prudent strategy to buy high and hope you can sell higher. that's the greater fool theory so if you look at the nasdaq, and how its performed, versus small caps, there's the biggest discrepancy we've ever seen so you got to go where there's value and that's in the smaller technology companies particularly in biotech. that's a sector that got hit and beat up the most and we saw news today that novartis is coming out buying another acquisition for 3.5 billion so you see big pharma acting on the values and small cap biotech i think that's a particularly ripe opportunity for investors now that may have missed some of

the big moves in nvidia, tesla, even apple, microsoft, google. the big seven that were driving the markets now there's really big opportunities in these small cap biotechs. stuart: i was always told to jump on stocks which are going up. >> well then how do you know when they stop going up? stuart: these seven stocks that have raised this whole market they are still going up. >> they are and if look underneath there's 25% of the s&p 500 hit new highs, 52 week highs since may so there's more strength than people are giving credit for and some of these small small caps are starting to rally so it auto think again you've got to be opportunistic. we've talked about treasuries forever here. stuart: well the one year treasury is paying 5%. above 5% this morning. what is wrong with that? >> what's wrong with it is the fed. stuart: you don't see any huge stock market sell-off coming? >> if you look at the, no, we've hit a new bull market, the "lows and when you see volatility is low, the actual reading for the vix dropping below 14 is actually bullish. sentiment just shift to more

bullishness? i mean for the last six to eight months everyone was doubting it this is the most unloved bull market we've seen in a long time i would tell you coming out of the covid bottom in march 2020, the stocks that rallied the most were small caps and micro caps up 105% and 170%, one year later versus about 80% rise for the nasdaq so these are small companies that can give you big returns as the markets turn. stuart: you can play the russel 2000 can't you? >> you can. it's the iwm. and iwc, so iwm is the russel 2000 and the iwc is the russel micro cap index. we saw in the last week, they were up about 10% in the month from the beginning of june to now, so they were under performing. they were down for the year and then in a span of a week they went now outperforming so that's a telling sign to look for compelling opportunities in that space. stuart: we're all in the business of making money. >> yeah. stuart: aren't we? >> otherwise we get fired so make money or get a new job. stuart: lou, good stuff.

lou basenese. the movers headed this morning by oracle and it is, that's a nice gain, 5.5% lauren. lauren: the record high is 116 and it hit it moments ago. they report after the bell tonight. revenue to come in at $13.7 billion. jpmorgan said well they are going to 109 from 93 so they beat that already. they like the growth in cloud. stuart: that's it? lauren: slow and steady. stuart: they didn't even mention a.i. lauren: they will on the call no doubt. we'll count how many times. stuart: diamondback energy. lauren: it's down only about 2% now it had been down 4% because oil is down and energy stocks are down. goldman sachs took their brent forecast from 95 to 86. so oil struggling today. stuart: world wrestling entertainment wwe. lauren: correct. their broadcast rights are up and disney and amazon are reported to be interested in

buying them. wwe merged with the parent of u fc recently. stuart: you're shaking your head >> how does wrestling still exist? stuart: it's blossoming. >> this is the most shocking thing. lauren: i love watching wrestling. >> i remember, you know, andre the giant back in the day. lauren: hulk hogan. >> but now? lauren: the guy with the pink bandanna. i had brothers. >> i was a young kid in that age and it was phenomenal but when i realized it was fake, i don't know. lauren: brett the hitman heart. >> we could go on and on with these. stuart: rotten robbie. >> rowdy rowdy piper? stuart: something like that any way. going to get sued for that. lauren: [laughter] lauren: where will they find a new home is the question. stuart: we're going to get serious. hold on. hundreds of people sit down for a mass performed almost entirely by artificial

intelligence. the chat bot even gave a sermon. we will tell you its message. congressional republicans say trump's indictment reveals a glaring double standard. both were found with classified documents, only trump is facing criminal charges. chad pergram breaks it down. the military may have an answer to its recruiting problem. migrants offering legal migrants a fast-track to citizenship. we're talking weeks after starting basic training. how about that? we'll deal with it next. ♪ (fisher investments) it's easy to think that all money managers are pretty much the same, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades.

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stuart: congressional republican s say there is a double standard in the investigations into president biden and former president trump. chad pergram on capitol hill. all right, chad. can the republicans do anything about it? reporter: well, maybe. republicans say they want to tighten the purse strings of the doj. they argue there's uneven treatment for the two presidents the gop points out that the feds have probed the president's son for five years without resolution, but targeted mr. trump. >> president trump behaved in ways markedly different from former vice president pence or president biden in how he responded once he became aware that he inappropriately retained critical national security classified documents. that's the basis of this prosecution. reporter: that was actually chris coons, democrat from delaware. we were hoping to hear from jim jordan the republican from ohio there. republicans say the president should face charges as well for his mishandling of documents, but democrats contend

its apples and oranges. about a dozen republican members of the house oversight committee viewed a special fbi document last week. they say that paperwork proves president biden accepted a bribe when he was vice president, so republicans believe there are issues there. the gop does not trust the fbi. >> it's just an absolute double standard. we're not doing anything with hunter biden's laptop. the big guy has not been prosecuted. it is just a dual system of justice. reporter: republicans argue that jamie raskin, the top democrat on the oversight committee, isn't properly characterizing the status of the biden investigation. they accuse raskin of running interference for president biden stuart? stuart: chad, thank you very much indeed. next case. spacex. they launched the first of two missions today. watch this. >> it is full power and liftoff for star link 5-11. stuart: up she goes successful

launch. i believe, lauren, they are putting up a lot of different satellites up there. lauren: we have a double-header today so that's the first one, 3:00 this morning. spacex launched 52 starlink satellites from the falcon 9 rocket. eight and a half minutes later the rocket returned to earth on a drone ship in the middle of the atlantic ocean in florida. it's just amazing, a double header so later today, so 14 hours after that, about 5:00 eastern time, spacex plans to launch the transporter 8 rideshare mission. they will send another 72 satellites into lower orbit and every time i hear these videos and see them i get the chills. it's so cool. stuart: oh, i'm thinking what tesla does, i'm sorry, what spacex does for musk's empire. that thing is really growing and getting much more valuable by the day virtually. lauren: um, yeah, could be a cash cow for some of the other companies. they actually just hired a 14- year-old. stuart: that's right.

graduated from college as a software writer. lauren: he now works for spacex. i'll follow him. stuart: now this. the military struggling to overcome recruiting shortfalls. they are offering legal migrants a fast-track to citizenship. congressman mike waltz republican from florida joins me now. all right, congressman. am i right in saying they could become citizens in a matter of weeks after signing up legal migrants? >> yeah, stuart. you know, the military has a long history of bringing in folks who came here legally and served for an extended period of time, were willing to die for this country, and then swearing them in as citizens, but look. two things. in this case, you have to, in the past you had to do a full enlistment. you have to serve honorably and, you know, this gives me real pause and concern to look at the timeline here and think just a couple of weeks, and then secondarily, we can't slap a band aid on this sucking chest

wound that is our recruiting crisis for our military. i mean, the army is now down multiple divisions worth of soldiers in just a couple of years, and this isn't going to be the answer here. stuart: how would you do that? >> they need to get to the root causes of this problem. stuart: what's the root causes? why is there such a recruitment problem, why? >> because you have multiple narratives at play on the left. you know, what family, what minority family would want their son or daughter to join a military that's overrun with white supremacy according to this pentagon and then you see the wokism on the right and then parents every ad they see on tv is talking about wounded warriors and suicide, with good intention but all of these narratives have combined to deter parents from wanting their kids to serve rather than this being a pathway out of poverty. the nobility of service, america s a great country, not a

bad country and we're a force for good around the world. don't you want to be a part of that? that's not what we're hearing from this administration and what we should be hearing. stuart: got it. former president trump says there is nothing that will get him out of the race. here is the quote. "i'll never leave. look, if i would have left, i would have left prior to the original race in 2016. that was a rough one in theory that was not doable." congressman, we're now faced with a possibility of a presidential candidate wearing an ankle bracelet. we've never been here before. never seen anything like this before. >> stuart, i've served in places as a green beret in third world countries where this happens all the time. i never thought i'd see it in america. i don't think or i don't think they care to understand in dodge the forces that they are unleash ing and the hypocrisy is just so through the roof. i mean, right now, stuart, the sitting national security advisor, jake sullivan, the presidents national security advisor sent top secret e-mails

to hillary clinton when he was her deputy chief of staff at the state department and got nothing not even a slap on the wrist. on an unsecured server that we know our enemies were trying to access, top secret and compartmented even higher than top secret, he was sending back and forth free wheeling and yet, we see nothing there? we see clinton's national security advisor bill clint of's national security advisor breaks into the national archives, steals documents and burns them but yet, senator coons, i mean, imagine if president trump had a bon fire outback destroying these documents. he didn't, but yet, that's what hillary clinton did. that's what bill clinton's national security advisor did, and the consequences were zilch. stuart: the double standard produces more and more support for donald trump because it seem s to be unfair. that's the way it is. congressman i'm terribly sorry to interrupt you. i know you're about to get into full flight but i have a

commercial break coming up so i have to leave you. come back soon. >> talk to you soon. stuart: thank you, sir. check of the markets please i see still some green. dow is up just 18 but the nasdaq is up 75 points. more than a half percent. big tech mixed picture. we have some winners and some losers. amazon, meta and apple are up but i believe that microsoft and alphabet are down this morning. okay. now this. fascinating story. a church had chatgpt deliver a sermon to congregants at a church in germany. how did it go? lauren: mixed reviews so hundreds of people attended the church service this as friday in germany. it was run by a chatgpt bot. it was 40 minutes long. they had prayers, music, and then the bot gave a sermon. it told the congregation to leave the past behind and maintain their faith in jesus and not to fear death. some critiques from the crowd,

the bots obviously showed no emotion, and there was no human interaction so it felt impersonal, but it did it. it was able to give a decent sermon to that big crowd of people. stuart: here we go. lauren: who probably came because they knew a bot was giving the sermon just to see what it would feel like but yeah. artificial intelligence is here. stuart: it's here. all right thanks lauren. look at this. even i know what's going on here tom brady knocks a drone out of the sky with a football. lauren: first try. stuart: he nailed it on the first try. that was on my script. that throw is now sparking un retirement rumors as you might expect. lauren: the poor drone. stuart: new analysis shows austin, texas, population jumped 1.5% in just this calendar year. the great migration to red states is not slowing down. that's next. ♪

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i can't, you know, thank my parents enough for making sure 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. stuart: two hours worth of business under our belt and the dow is up 36, nasdaq is up 77. the s&p is up 10, modest gains on a monday morning. show me coinbase, please.

hit by the crypto crackdown. last week, binance and coinbase faced a lawsuit by the sec. also, a hong kong legislator just invited coinbase and other crypto exchanges to establish operations in their region. coinbase is down 4.8%. show me biogen, please. the fda has endorsed its alzheimer's drug. the fda says their latest trial verified the benefit of treatment for those at an early stage of the disease. the condition, i should say. 1.8% up for biogen. the population of austin, texas grew 1.5%, just this calendar year, 2023. now, that growth is on top of the 5% that it grew between 202. rapid population expansion. joining me now is the man who runs conservative move. on the show many times, the ceo is paul shabat joins me now paul, we saw a great migration

from blue to red states after the pandemic. does the surge continue? >> you know, the surge continues, stuart, and if you recall six years ago i was first on your show and this is more of a novelty idea. folks moving from blue states to red states, and it really has become mainstream now but you were one of the first on the national network to really address this issue, and nobody's laughing at it anymore. the numbers are real. blue states are losing congressional representation because the numbers are shrink ing population and the red states are picking them up. you look at gavin newsom you talked about him the last hour. he was the former mayor of san francisco, a city that is losing not only people but businesses are shutting down as well, so you have this experiment going on and the red states are clearly winning. there's no slowdown in sight at all. stuart: where are people going? i would imagine that florida and texas are the main beneficiaries of this surge. anywhere else? >> so, florida, texas lead the

pack. tennessee, idaho, the carolinas pick-up as well but what's interesting is florida in many ways has almost overtaken texas. i moved from california to texas i think florida is doing a remarkable job legislative wise and texas, one of the biggest hinderance is the property taxes because home values have gone up so that has begun to scare away some people and the republican- lead texas has not addressed this issue and this maybe a linchpin that promotes florida, idaho, tennessee a little bit more so all states will be smart to look at how to reduce property taxes especially here in texas. stuart: but they are going to republican states from democrat states. that's still the trend. >> that is the trend and there's no slowing down. look just yesterday, we learned in california there is a bill proposed if you're a parent and you have children and you don't confirm their "identity" you could potentially lose your kids that bill has not gone to the

governors desk to sign but it's moving through the california legislature. most of our clients they are parents, police officers, firefighters, business owners. they don't want to live in these blue states where they takeaway your freedoms. they want to essentially leave blue states and move to america, if you will and america is thriving in these red states. stuart: it is indeed. paul chabot, thank you very much for joining us. conservative move. you'll be back i'm sure. thanks very much. >> thank you, sir. god bless. have a great day. stuart: indeed. today is college athlete day. that's the white house of course where dozens of ncaa mens and women's championship teams are gathering right now. they will all be honored by president biden and the second gentleman, that is doug emhoff. got that now this. this is extraordinary story. a second horse has died after the running of the belmont stakes on saturday. what happened? lauren: yeah, the horse had a catastrophic injury to the front leg and it had to be euthanized. that's what the new york racing

association is saying, but on saturday, another horse was euthanized for the same exact injury. so, two horses put down in 24 hours, so peta is calling out the horseracing world and executive kathy guiermo says the racing industry is digging its own grave as well as the horses. peta wants racing suspended. horses have died at all three triple crown locations, one at preakness, and now this. stuart: dreadful story. another one for you let's talk golf. this is a good one. a dramatic ending to the canadian open. show the audience, please, what happened. lauren: there's nick taylor kissing his trophy. he became the first canadian to win the canadian open since 195a look at the 72-foot eagle putt that put him over the edge. roll it. >> [applause]

>> the pace. are you serious? >> [applause] >> oh, my goodness! glorious and free! lauren: that isn't the only thing that people are talking about. another golfer was actually tackled by security. he was going over to congratulate him and celebrate taylor's win but security thought he was just a fan and there is the champaign. i watched this clip so many times, not of the tackle, of the 72-foot putt. it was amazing. stuart: it was and that won the trophy. i've got one more for you. why is tom brady sparking un retirement rumors again? lauren: because he made a bet about it, so, watch what happened when a famous youtuber asked tom brady to knock down a drone with a football on the first try. >> if i hit the drone on the first try, maybe i should come out of retirement. >> i like that. >> i probably will miss. >> first try. >> oh!

ex >> [applause] lauren: man, so did he mean it? probably not but it has people talking. this video is now the second- most watched video in youtube history in just 24 hours number one is the will smith/ chris rock slap. this is number two. stuart: the second-most watched? lauren: yeah, people love tom brady. he made the bet. is he returning to play? people want to know the answer to that, and mr. beast, that's the name of the youtuber he's pretty good at what he does and he lost a drone in the process. stuart: that's a $300 million yacht. lauren: it is $300 million. stuart: $300 million. lauren: yeah just think about that for a second and his two young kids were on the yacht. like hey, dad, you can't hit the drone with the football in the first shot, and he did. that's why he owns a $300 million yacht. stuart: that's the story i like on a monday morning, make you feel good. lauren: or bad that you don't have one. stuart: now this. the white house confirms that china has had a spy base in cuba since at least 2019.

with just a few days ago they were denying reports that china was spying. full story coming up for you. the pentagon sending more than $2 billion worth of new military aid to ukraine. kyiv has to show military successor else the aid will dry up surely. ben hall has the report, next. ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf

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stuart: the pentagon is sending $2.1 billion worth of military aid to ukraine. benjamin hall joins me. benjamin what does this money buy? reporter: well, stu, good to see you today. i mean, yes, another $2 billion the administration has approved for ukraine's military. this specifically will go into our defenses. largely for patriot missiles to replace the ones they have

already used. they have been very successful over the last few months in keeping the russian bombardments back but what we're now looking at over the last day or so is the beginning of this real on the ground counter-offensive and this is ukraine taking back the land russia has taken but it's very very slow going at the moment. they have taken four villages so small victories and many people think this is months long as we look ahead not because russia carved in these six-mile defense s, trenches, mine fields, tank traps so what we're starting to see is a very slow push by the ukrainians and it's important not because ukraine is trying to take back territory but they need to justify to the west and the u.s. the money they are getting can be used to make real gains, and so this counter offensive is based on a number of issues. take back territory and show they can indeed get to some kind of a victory. so watching that closely and also closely watching the story of michael leak. this is an american who has been arrested in the last couple of days in side russia. you got to remember they already hold paul whalen, a former

marine and evan gershkovitz, the "wall street journal" journalist so another part of russia's war which is hostage diplomacy they are playing at the moment so michael leaks has been charged with drug charges is part of this diplomatic push or not. stuart? stuart: hostage diplomacy good word. thanks very much, ben. see you again real soon. let's turn to the china threat. the white house now admits that china has had a spy base in cuba since 2019. house homeland security chair mark green is with me now. congressman, at first, they denied reports about the spy base. that was last week. now, they admit it. what should we do about a spy base in cuba? >> well, stuart, thanks for having me on the show. honestly, we need to choke the island off and keep the chinese from bolstering what they have. we certainly don't need to go down there and become friends with communist cuba. you know, the problem with this administration and as i understand it, mayorkas went

down there and made a trip to cuba and spoke with people that are actually on the terrorist watch list so there is this , you know, desire from the biden administration to go back to what obama tried to do and open up, but we need to hold these guys accountable. we need to, i mean if a blockade is necessary let's do it. let's stop this from happening. stuart: we keep saying it, but nothing ever happens. we got to do something about the border. got to do something about cuba. nothing ever happens, does it. >> no. this administration can't recognize a good guy from a bad guy. they want to still do a deal with iran despite the fact that iran is building drones for russia. they feel like they should de fund police, release criminals who essentially have committed violent crimes. they want to open the southern border and facilitate the cartel they can't recognize a good person from a bad person. stuart: i want you to take a look at this headline and i'm going to read the statement here the pentagon is freaking out

about a potential war with china because america might lose. well, congressman, is a war with china likely, do you think? >> well, look. that goes back to sort of our strategic ambiguity position on the taiwan thing. that's what's going to wind up causing us to have a conflict is if we defend taiwan and i think we should personally, but all of the models that i've seen and the military models i've seen showed if we respond quickly, we win. if we wait too long, we can't win that conflict to protect taiwan, so, it's all about the decisiveness of the commander-in-chief and that's a big question with this commander-in-chief. stuart: are you worried about a possible president harris? >> well, you know, into the fr ying pan, i mean, clearly , there is some cognitive

issues i think i've signed on to dr. jackson's letterman it times i think it's pretty clear that this president has some cognitive issues. some of the actions and the way he speaks sometimes looks like he's probably on some form of stimulant. i'm looking as a physician too, i'm an er doc, and i look at that and go wait a minute, so i think he shouldn't be in the job , but yeah. i would absolutely worry about going to the second string here because the second string here is probably worse than, you know , cognitively impaired biden stuart: yeah, cuba, china, president harris, the anxiety level just keeps on rising, doesn't it? never goes down. always goes up. congressman thanks very much for being with us this morning, sir. we do appreciate it. >> thank you, stuart. stuart: quick programming note. there are two new episodes of " american built" airing tonight. here is a preview of the huey cobra as in helicopter

roll it. >> the brilliant idea from sketch to sky. >> it was a gamble but it paid off. >> you never know what the enemy has. >> i'm scared every single day. >> the battles. the bravery. the brotherhood, how they built the first dedicated attack helicopter. >> that concept just might work >> the huey cobra. >> these aircrafts can do anything. stuart: two new episodes of " american built" they air tonight. huey cobra at 9:00 p.m. eastern and the lincoln tunnel 9:30 eastern only on fox business prime, tonight. show me the dow 30, please. sense of the markets is a mixed picture right down the middle half up half down amongst the dow 30 and the dow itself is up 40 points. democrats in new york just approved a plan to give low cost healthcare to migrants. it'll cost taxpayers at least $1 billion a year. some new yorkers are fed up with all of the handouts.

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stuart: the new york state senate just approved a bill to give cheap healthcare to illegal s. it will cost taxpayers $1 billion. madison alworth with me now. what are new yorkers saying about this? reporter: you know, stuart, here in new york city, we've actually heard both sides. some say this is the right thing to do, while others say the migrant tab is just getting too expensive. >> they deserve anything we can give them and they are going to be great citizens. they are going to work. they are going to be very great full to this country. there's no downside to helping them. >> if it's being done at the taxpayers expense, that be a problem. reporter: so, this bill still needs to be approved the state assembly in two weeks, but it is expected to pass and if it does, it will be covered by federal tax dollars for five years. that's frustrating to state

lawmakers who oppose this bill. >> what i find particularly troubling is the fact we continue to provide resources for those who are in the country illegally and at the same time, denying our own residents the opportunity to be able to get the benefit of some of the funding that the state continues to spend. reporter: now, handouts extend beyond healthcare. in minnesota migrants that are here illegally can get tuition completely covered at the states public colleges if their family makes less than $80,000 a year. in fact the center for immigration studies estimates that the migrant influx will cost municipalities more than $200 billion a year considering the benefits that many are providing. healthcare in new york be the latest addition but of course we cover housing all of the time and i want to point out the hotel behind me is one of the over 150 hotels that have been turned into migrant shelter s here in new york city. according to the new york city

comptrollers office, this hotel, which is in contract from january of this year, to april of next year, for that time period, stuart, new york city taxpayers are paying $34 million that's just one of the hotels out of 150. so the expenses they just keep adding up. stuart: they certainly do. madison great report. thank you very much indeed. see you later. now, this. a marine veteran, you know this case, he's speaking out after he's been charged in the death of a homeless man on the new york city subway. what is the marine saying? lauren: he's 24-year-old daniel penny and he says he never intended to kill jordan ne ely. he was just trying to protect innocent people on the subway. so listen to the interview, put out by his legal team. watch here. >> the three main threats that he repeated over and over was i'm going to kill you, i'm prepared to go to jail for life, and i'm willing to die. some people say i was trying to choke him to death which is also not true. i was trying to restrain him. i didn't want to be put in that

situation, but i couldn't just sit still and let him carry out these threats. lauren: he said he's six foot two, not used to be intimidated and he was. he was scared and he's a marine and even marines get scared and he acted. now, he's facing a manslaughter charge for the death of jordan n eely. stuart: i'll say nothing more on that. lauren: he never meant to kill him. stuart: times up for me. more "varney" after this. .every. . ...designed smarter. like a smart coffee grinder - that orders fresh beans for you. oh, genius! for more breakthroughs like that... ...i need a breakthrough card... like ours! with 2.5% cash back on purchases of $5,000 or more... plus unlimited 2% cash back on all other purchases! and with greater spending potential, sam can keep making smart ideas... ...a brilliant reality! the ink business premier card from chase for business. make more of what's yours.

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stuart: here is the trivia question: god bless america was originally written for which 1918 musical, oh, lady, a lady, watch your step, blossom time or yip yip yap, which i've never heard of? lauren: number one. stuart: i'll go with what's your step, not knowing anything about it. the answer is yip, yip, yap. irving berlin was enlisted to write a musical to entertain the troops but ended up cutting the song because he thought it was too solemn for the show. in 1938 he he rewrote it and gave it to kate smith to sing on the radio during armistice day. time's up for me, "coast to coast" starts right now. neil: well, they say we live in interesting times, that is probably a