♪ don't let student loan debt hold you back. refi at sofi.com. you could save thousands and get to your goals faster. sofi. get your money right. dave: airbus a380, largest commercial plane in the world. 6:22, i think it is a:53. the largest number, 8:53. thank you very much. see you next time. coast-to-coast starts now. neil: for republicans it is one of the biggest political events of the year. annual lincoln dinner and

tonight is the night. they are all there. what do you think, who do you think will be feasting on it tonight. it rhymes -- actually is. anyway. welcome. i am neil cavuto. the president of the united states's first time as president, on the hunt for voters. that doesn't mean he's about to mention the name hunter. he will talk about the economy and what bidenomics has done, but operation ignore when it comes to mentioning his son hunter. doesn't mean republican candidates are passing up the opportunity. hey, bill.

>> reporter: a lot of arrows between these gop candidates but the first time during this campaign cycle they are going to be in the same room together and have a chance to come face-to-face with each other. a dozen of these candidates will attend the annual lincoln dinner and i'll. everyone except chris christie, each of the candidates get 10 minutes to speak on stage, and try to make their pitch to voters. vice president kamala harris is coming to des moines where she will talk about abortion rights and abortion legislation. harris has been criticizing the state of florida over its new education curriculum for black history. she says extremists are pushing the idea slaves benefited from slavery. governor ron desantis responded on the campaign trail yesterday. take a listen.

>> we've seen this kamala harris lie exposed about florida's high school curriculum. he tried to get my dog something that had been done by a lot of black history scholars saying we want these standards, these things are phony narratives, we are going to fight back against that every chance we get. >> reporter: tim scott also on the campaign trl. in iowa read bewkes governor desantis and the state of florida for those standards which teach that some benefited from slavery because it taught them useful skills. take a listen. >> slavery was about separating families, destroying their lives, devastating. i would hope every person in our country would appreciate that.

>> reporter: donald trump's legal woes continue as he faces new charges of obstruction of justice, in his classified documents case. councilmember jack smith accusing him of seeking to e race mar-a-lago security footage after a grand jury subpoena it last june. the trump campaign, saying deranged jack smith knows they have no case and is casting about for any way to salvage their illegal witchhunt and get someone other than donald trump to run against crooked joe biden. donald trump will be one of 13 speakers attending the lincoln dinner, alongside those running against him for the presidency. chris christie will not be here unless you are looking for potential fireworks with him and donald trump. doors open at 5:00 pm local time and we will be here covering it. back to you. neil: let's go to julie manchester. i look at the candidates

showing up minus chris christie. the president has a big lead in iowa despite his tussle with the governor and very popular. how do you think that will go down? >> we've seen the the santos team, the super back, put a lot of effort into iowa. iowa is priority number one for team desantis, going on the full grassley tour, iowa's 99 counties starting this summer and already there are taking questions from reporters and doing a number of events. i would say trump's biggest threat in iowa is ron desantis but you are right, he's very much leaps and bounds ahead of desantis in that state. donald trump lost iowa in 2016 but went on to sweep the primary, iowa is culturally and socially conservative.

for someone like ron desantis and tim scott, nikki haley, that's a good environment for them but i'm curious to see how donald trump continues to build upon the support he has in that state. >> it could be be 1/3 multi-count indictment on what he did or didn't do. but now, what's going on with the document case, charges that he was ordering security cameras be turned off or erased. don't know what's true or not. a couple other people rape -- roped into this but no impact certainly on his poll numbers. >> no impact. these cases, the legal issues donald trump is facing very ironically, starting to get old to say ironically. there are so many cases, that benefits him with republican

primary voters because so many of these voters believe that there is a double standard in how the justice department and law enforcement in this country treat republicans versus democrats, this is going on at the same time as hunter biden's legal troubles. it's easier for someone like donald trump, to say talk about how there's a double standard, republicans like trump and democrats and the biden family are treated. it is having a galvanizing impact, the trump campaign writing this wave. we don't know how this will play in the general election if donald trump wins the nomination but it will be interesting because you will have two contenders, donald trump and joe biden, donald trump facing legal issues and joe biden's son facing legal issues going head to head of the presidency.

neil: we thought of a replay, two old guys going at it but they are getting bigger by the moment. the white house seemed to enter definitively when it came to a mark meredith question, whether the president would pardon his son. take a listen. >> you said not a lot of change since yesterday. from a presidential perspective is there any possibility that the president would pardon his son? >> no. i just said no. diane: are heard an unequivocal answer out of her but that was, they thought this might come up. squash it right there. what did you think? >> that's what the white house wants to do with these questions on hunter biden. marine jean-pierre clearly, and other white house staffers don't want to be asked about this. they would rather talk about

infrastructure, the economy but these press briefings are dominated with questions like mark meredith's question on hunter biden. they are trying to switch their strategy, give definitive answers before it was entered on the lines of the president and first lady standing by their son but right now, as this case goes on, if problems persist for hunter biden legally, there will be more questions and the white house has to come up with a definitive strategy if they want to try to dodge that and talk about other topics. neil: they love their son, we would hope they would but we might have to get beyond that. julia manchester, i want to go to scott directly. you know him as a port authority vice chairman, chris christie, former new jersey

governor, a special guest, the beneficiary a lot of that help, always good to have you, chris christie isn't going to this event tonight. is that a mistake? >> i think governor christie has been clear that iowa is a tough hill to climb. he will skip that and focus on new hampshire and south carolina. everything is strategically, to his strengths right now and building momentum. the more he is out there, he's a straight talker showing the people see him as responsible to be a big steward for the constituents that he represents, put to those people above partisan politics. the more the he can find that audience the better. neil: do you think, he has been

relentless in his attacks, he has called out other presidential candidates. that is a popular strong base in the party no matter what you think about trump. do you think that hurts him in the longer term or that he's alienating himself? popularity polls that come up, the attack line hurts. >> chris christie is always someone, that is his strength and where he's most comfortable. the american public appreciate that. i vote and support the party, a big job gaining supporters. when you think of moderate republicans, independents out there, he is speaking the

truth, not dodging tougher issues. whether you agree with donald trump or not, these are divisive issues, and for those that aren't addressing them that will hurt them. to your point about the polls, donald trump is at the top. got to get through if you are going to win this. neil: you mentioned john mccain supported him, i wonder in this day and age if someone like john mccain in the republican party today, i am not trying to count that is a good or bad phenomenon, is it a parties that would be open to someone like chris christie in this environment? >> don't know enough to tell you about the republican party but i would say the american people are looking for leaders

that are people that are putting the people first, not focusing on building their own brand or self interest but being good stewards for our country, aren't distracted by other issues on the legal side. there is movement. new hampshire, these are open primaries, independents can vote, in states like that, like chris christie will do well and if you look at president biden, when he does things, more in the middle, that is where the country is more supportive. that is where we've got to be as our country. we need you nighters, not dividers. neil: chris christie has not taken the pledge, the idea that republicans stand behind who is nominated. don't want to misquote him but

i will treat it as seriously as donald trump did, he has not said he would do that. what happens if chris christie isn't the nominee? could you see him supporting donald trump, would you support donald trump? you are an independent. >> i was a supporter of joe biden. i think the work biden has done in the last two years on infrastructure, and the chips act, some of the economic legislation that has been passed, to me that is important, to focus on the challenges we face as a country coming out of covid. the world that was, very different and the types of policies we pursued in the past aren't going to be the

solutions in the future so i will support a candidate like that. donald trump is not a candidate i would be supporting. but if it's not chris christie, i will look elsewhere. >> good to have you. new jersey port authority vice chairman chairman and ceo, one of the things we are following, racing ahead, on the s&p, only 5% or so from its all-time high, a rather remarkable turnaround whatever you think of 13 or 14 days in a row. that is the story even with a 10 year note in and out for a while.

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as you profoundly -- talking about that, meeting expectations. we set a higher bar, be careful what you wish for. >> the narrative is the soft landing is here. if you ask anybody if there's going to be a recession a lot of people say absolutely not. all that matters now is people are spending money. that's all that matters to earnings and guidance has been reflective like the pace will keep up. julie: raised concerns how they are coming up with it. >> these companies usually under promise and over deliver. 70%, 80% of companies meet expectations. into 2024, the hurdle is high, where is that coming from? some sort of debt, $1 trillion out there.

we have access to $6 trillion. we could go a long time with this, we can keep debt charade going. neil: the cost of that is prior to low rates and contrary to the perception that rates are going up, financing stuff. most people are in position of living off low rates. >> silicon valley bank, did we forget about that happening. the federal reserve -- neil: isolated incidents. >> going up higher, from when that happened. the federal reserve was created in 1913, the government had no debt. ever since then the debt from the us government has gone up dramatically.

didn't have credit card back then or access to credit. inflation is inflationary. consumers have credit. they can rack up more credit. inflation as long as they are spending money, they are shooting themselves in the foot. what is it? bank of japan, increased the limit they have and they might hike more, they have a lot of debt. basically japan finds everything. we are not out of the woods yet. not just an american problem but something, a snowball false, could be a chain reaction. neil: you and i were chatting, we talk about it all the time. there are connections.

if we get a replay, the markets aren't paying much attention. they tend to pay more attention the closer we get. how does it play out for the markets? >> don't think the market cares that much. they are two culprits with the same problem. the government is big and involved in our life. that is how the economy has been growing. republicans spend money, democrats spend money, they spend money on different things. as long as we pump the economy up with debt the markets will like it. neil: where do we go from here? looking at technology, they have leadership on this, it will be a new lease on life. >> i think right now, one of the things you do is take equity like risk and equity

like returns, do you think we are close to the end of the cycle? get one or 2 more. any kind of down term at all, long-duration treasuries, their biggest bond market drop in history last year, maybe the biggest bond market gain. neil: in and out of 4%. >> the market dropped 2%. neil: they pile back in. >> the drive yield is down. lauren: 1 are does this go? >> we should be very cautious and defense of with portfolios so equity with returns and bond portion and stocks as well. we talked before about you don't go to cvs, like ibuprofen.

i take a lot of ibuprofen, my feet hurt really bad. 98 °. neil: have a good weekend. edward lawrence talking about technology. people looking at meta, what it does or doesn't have in public discourse, we were just getting into it. what is the latest? >> reporter: it is all crashing together here. feels like 98 ° in washington dc today. the white house will not tell me what level of contact they have with social media companies at this moment. this is the answer i got. >> the white house communicating with social media. >> i repeated many times, we have responsible actions to protect public health safety and security when confronted by challenges like a deadly pandemic and foreign attacks and we consistently made clear we believe social media

companies have a a response ability to take account of the affects of their platforms. jack: media source says there are open lines of communication with both parties. this is top of mind because jim jordan tweeted out what he's calling the facebook files. and one tweet the email reveals a close relationship to the -- a close advisor, he was outraged facebook did not removal post. the tweet shows a pattern of pressure from the white house towards facebook to get posts taken down. >> they knew it was wrong. one of those executives said this is a significant incursion into the boundaries of free expression. that is a fancy way of sailing this violates the first amendment for goodness sake. >> reporter: a statement from meta complied in good faith with the judiciary committee and will continue to do so. they turned turn over 50,000

pages of documents and made a dozen current and former employees available to the committee, it will be like an onion as you peel back, more of the campaign comes out which represents jim jordan, a pressure campaign with the government and social media companies. neil: thank you for that. it is fiery there. in the meantime, the anchorage mayor, a real dustup in alaska for offering homeless people a 1-way ticket to warmer climates ahead of a nasty alaska winter. what the controversy is causing after this.

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neil: every city has a homeless problem, some more than others. not everyone comes up the strategy to deal with it especially in alaska where they

can have some cold winters. a proposal by the city's mayor to pay for plane tickets for warmer locales. it is a 1-way ticket. the mayor joins us right now. good to have you. >> thanks for having me. appreciate it. neil: this is your way of dealing with the homeless problem and shoving it on somebody else. what do you say? >> quite frankly, it is a bit of desperation act, desperate times call for desperate measures. and imperative to protect people's lives, the 3 or 400 airline ticket for warmer climate, my job is to keep them alive, if we they want to go, i

hate doing it, we don't have a large shelter here, very limited shelter space so this is what we have to do and i decided to do that. neil: a lot of people died in the cold winter, among them some of the homeless. it has been looked at, some people suing over this, no changing your plans to continue. >> no change. we grew up 29 this year, people died of exposure on the streets in anchorage. i am going to do what i have to do to save lives. neil: controversial since coming into office. a lot of people remember you impairing mask mandate to the holocaust, a bridge too far. >> i didn't say that but i was

-- pretty libertarian in my approach, want to wear a mask, where mass, want to take vaccine, take a vaccine. i provided vaccines to my health department but i did not compare it to the holocaust. some people did, i did not. neil: when that distinction was made, that it was almost a signed that they were in lockstep, you were not trying to compare them at that time. >> no. some did. it was a mistake. i didn't. neil: the other things that came up, you said in the fall of 21 about stopping fluorine treatment of water saying that was dangerous. where does that battle stand? a whole bunch of sutent controversies and protests. >> when i first came into

office, i did a tour of a water treatment plant. employees there, during the tour, asked me to stop that. i wasn't aware the municipality had earlier passed an ordinance that prescribed a certain minimum amount of fluoride in the water. i asked quite clearly the director who was asking me, is this legal? he said it abides by state law. and the charter. however it did not abide by the municipal code. it was off for 2 and a half hours. you don't turn it on and turn it off. it is a manual process of mixing it. fluoride levels never changed. a week later it was down for four days for maintenance. so be it. neil: a lot of people compared

you to the blunt coming your face style of donald trump, which raises this question. are you supporting him for the republican nomination? >> as a mayor i am not taking a position on the presidential race was i will support whoever the party comes up with. at the end, i met donald trump. i think his policies as a president were some of the best policies of any president that i can remember to include ronald reagan but comparing me to him, i would govern a bit different. i don't tweet. i am more collaborative. we have to work with the folks on the opposite side of the spectrum. at the end of the day i can't imagine a president with better policies than donald trump policies from international to domestic to the border. in all his policies quite frankly, i do support him and did support him. neil: sorry for going over

here, there is an edict they are planning, that whoever emerges the nominee should be supported by everybody else. some candidates are fraying at that. what do you think? >> i believe in the party system we have now. it is essential we support the candidate that aligns best, and the party that aligns best with our own personal ideals. the republican party platform, both the state here and national platform, i support that, all republicans are like-minded people, should support the republican party and the republican platform and whoever that candidate is, make the decision in the end. neil: very good talking to you.

in the meantime we will be raising this issue about supporting the nominee, where that stands. chris christie is among those, not a fan of donald trump but whether he has changed his mind and will honor what the party hopes to be it edict, support whoever voters have picked. talking to him in eastern time on fox news in a moment. i got into debt in college, and no matter how much i paid, it followed me everywhere. the high interest... i felt trapped. debt! debt! debt! debt! so i broke up with my credit card debt and consolidated it into a low rate personal loan from sofi. i finally feel like a grown-up. break up with bad credit card debt. get a personal loan with low fixed rates and borrow up to $100k. go to sofi.com to view your rate. sofi get your money right. (man) what if my type 2 diabetes takes over? (woman) what if all i do isn't enough? or what if i can do diabetes differently?

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neil: the dow up 270 points, focusing on bud light, anheuser-busch, never delineated that but the fallout, the controversial ad campaign, suing transgender, that didn't work. companies trying to be woke are waking up to the reality of trying to be work. disney experiencing it. park attendance at its theme parks around the country,

weather could be playing a factor but it doesn't help matters any that so many people even before the weather that i am canceling my plans to go there. gary kaltbaum, i want to pick your brain on this issue. these two companies, i could go through a litany, taking the leap the to be friendly to folks is to be friendly to woke images and causes, not all the time. not all the time. >> it is a lesson. if they don't learn the lesson the competitors when. the best way to explain bud light, boston beer is up $58 today with their sam adams beer and constellation brand stock, the number one beer, corona, that stock is skyrocketing. one company's worsening is another company's bettering and

that is what you see, great lesson for companies to stick, not even taking a side on this. you don't stick to what you do best there could be a penalty. you are seeing it in droves. neil: don't know if it is universal, i've not seen the barbie movie, woke messages that are friendly to china and other issues that come up here, i'm hardly an expert but this isn't universal sentiment but some companies do push it very far and they, the esg push that backfired. i am wondering what you make of that. should they be so loud in their social cause, which is fine, but to make at the end all be all. >> every company gets to decide who they are, what they are into they want to reach but they have a clientele. with disney, going to change

the 7 dwarfs, someone's going to be upset about that. we are in a time when everybody is watching, everybody is reporting on it because everybody can report on social media. companies do not get that, they are going to pay a stiff penalty. shareholder will -- to the tune of billions of dollars right now. we can say disney, maybe because of woke or maybe not but you see that stock has been straight down. cut in half the last couple years. back to the old lesson. know your business, know your clientele. if you don't, somebody else will capture your business and you are seeing it now. neil: it doesn't help matters that prices keep going up. don't care your political viewpoint, you are killing me. >> disney, all i can tell you, bob auger said they've been too aggressive with price the last

couple years. a lot of discounts being reported right now, especially florida residents. i expect prices to ease going forward or else. neil: one turkey is more than the other 3 combined. that's the homework assignment. it is not possible. i want to go to casey steagall following another development. cool it for 300 workers. american airlines, flight attendants, not a done deal. here's what is going on. >> reporter: they are starting voting for a payraise or a vote to strike and they will be voting through the end of august. they have not had a pay raise since 2019 but if they do vote to strike there will be many layers they have to go through so it would not happen anytime soon but if it does it would exacerbate travel woes.

according to data from flight aware, 27% of scheduled domestic flights in operation have been delayed in some fashion. 27%. %. compare that to 17% for the month of july in 2019 before the pandemic. it is a 10% jump even though there were 219,000 fewer flights in operation. cancellations are the same around 2%, staffing shortages across the board. pilots, mechanics, air traffic controllers largely to blame as carriers significantly cut their operations. >> airlines using bigger equipment but the downside is there's less flights. if you have a delay and it turns into a cancellation or your delay causes you to miss the connecting flight, part of the issue is there's less flights to get a seat on later.

>> reporter: the department of transportation confirms it is investigating unrealistic scheduling of flights. carriers selling tickets for flights despite high probability they could end up being canceled or delayed. pilots say that leaves little wiggle room should anything like weather go wrong. >> bottom line, if one thing is off it causes a ripple effect. that affect becomes a small ripple, becomes a wave, a title wave, sue nominee throughout the system and spreads out. re-time >> reporter: the airline's tree looks to higher pilots away from upcoming retirement, many in this industry are worried. one consulting group predicts if we don't get a plan in place now, by 2032, not terribly far off the nation could face a shortage of 30,000 commercial

airline pilots. it takes time to train them. you can't just hire them. you've got to train and get them certified. it is not an immediate overnight fix. neil: be prepared to wait a little longer. great job as always. i want to go to brian with "the big money show". brian: new regulations on hot water heaters, did anyone in the biden administration ask a plumber? we will. spoiler alert, it's not good news. four day work week, might be good for your health. first, more coast-to-coast after this. this is american infrastructure, a prime target for cyberattacks. but the same ai-powered security that protects all of google also defends these services

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the classic show. obviously your company is thriving and doing well in this inflationary environment. i am hearing from a lot of restaurant tours that these higher prices, they might have come down. they are eating into profits that might not be feeling this but we know chipotle is. i am wondering how that sorted out for you. >> great to be here. great question. the consumer has been punished for a long time. not only in grocery stores, cost of eggs, cost of gas. same is true in the restaurant business. fortunately for us we continue to ride the wave of making sure costs are effective. when things come down, 40 years later being in the business, we ride good time and bad time, and inflation caused us to take price.

as we celebrate our 40th anniversary, national chicken wing day, and opportunity to showcase. neil: that your signature product. in this environment, how do people pick that. you have affordable entry points for all the major menu items but what apparently is going on at chipotle to a degree at mcdonald's, people taking advantage of value meals and the rest, they are moving towards things that cost an arm or chicken leg. >> we have the ability to move people around the menu. nice thing is people coming in for 40 years into our restaurant, they know what they are getting and what the quality is and the guest experience. people think of us and we are the leader in the wing category, whether it is wings or buffalo shrimp, cheeseburgers, crab legs. with respect to the economy

portion, you celebrate, tough time, go to hooters and celebrate, we have this location where we are many things to many people, we have a broader customer base. neil: it is working for you. >> great to be with you. 229 points, nasdaq still doing instinct, they have been helping and this is higher interest rates. more problems after this. dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it.

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it. 20 the country is under a massive heatwave including the big apple where i am told, kevin fitzgerald, one of my fine produces, the actual temperature in new york was 87 but then it says the real temperature, 107. either you -- you cannot add 20 ° to a temperature because it feels hot and humid outside. how did they come up with that. 's 87, 107. if it gets to the actual hundred, that's under 20, not a good day. brian: our resident meteorologist, thankth