it instead. then take the money that you get, go to live it up, you bet. call 877-sell-easy. 877-sell-easy. 877-sell-easy, and sell your policy. age is a big factor here massive inflation that's completely annihilated the consumer worst a lot of people to use their credit cards. >> border czar kamala harris has only been to the border once. joe biden is barely been near the border and all his 50 years of his career politicians. they don't want to talk about. >> big government equals small government and anytime you have

small wallet, you have uncertainty in the stock market. >> we've got to get the 218 votes and put the democrats to pass their budget. ♪ >> another oldie but goodie. 11:00 a.m. on the east coast this monday, a rainy monday in new york. i'm david asman in for work varney. taking the markets, they did take a turn south, originally a couple of ducks and now in the red. dow down 73, nasdaq down 30. show me big tech, we have some winners. ten year treasury yield was up dramatically earlier is still up 7.3 basis points, that's a yield of over five and a half% for the

ten year. that's a big yield. a new poll conducted by the washington post, abc news shows donald trump with ten-point lead over president biden and hypothetical 2024 rematch. governor mike huckabee, former arkansas governor joins me now. the washington post is trying to downplay their own poll because they think it shows trump too far ahead but democrats, i can imagine even if they won't admit it, they are getting pretty nervous, don't you think? >> i think it's funny the washington post is downplaying their own poll like a chef bringing a dish to the table saying don't eat this, it's awful, horrible, it will make you sick but go ahead, we will serve it to you because you bought it, that's kind of how it's going through this. it's hard for them to understand but it's hard for most americans to understand between inflation and the fact that we have this

wide open border we lost the respect of countries around the world, it's simple. even democrats are looking at joe biden watching him shovel on and off the stage, mumbling through his speech and they are saying this guy can't be president, we can't afford it, we can't put gas in our cars, grocery on our table but we can send joe to delaware and make a change. >> close to issues, immigration and the economy with the economy number one, the chief concerns of americans as the cost of immigration are reaching far beyond the border, we've got the debate coming up wednesday, how do the gop candidates play? >> they need to take to the most important issues people care about. don't debate donald trump, he's not going to be there, he's doing his own thing and he's with almost insurmountable lead, they need to decide who among

the group of people on stage has any shot at all of being the alternative and i'm not sure any of them have proven that they need to take to the groceries, gasoline issue, border is also an issue but don't talk about borders in terms of its illegal, talk about the human suffering. the fentanyl coming into the country killing 100,000 americans, people in their own communities and focus on the fact that there's sex trafficking, little girls as young as seven or eight years old being treated as slaves. >> millions soft kind of freedom over the summer even though they tried to media, it was a lousy movie involved in conspiracies and so forth, the public didn't buy it, it was about the way kids are brought into trafficking. ties directly into the border and now more than ever people are open to the issue but specifically on the gop candidates and ron desantis in

particular, some polls new hampshire has desantis running number three after nikki haley and vivek ramaswamy, how can he get his step back from this debate? >> he's got to break out from the pack. he didn't do it in the first debate, he didn't lose ground but he didn't gain any in the meantime, vivek ramaswamy and nikki haley are the ones who seemed to advance the most with what they said in this clear matter so is a critical moment if desantis will make a move, he's got to make it now or his numbers keep going on and become fact i may be like rudy giuliani who waited in florida for everybody to get there by the time they got there, the race was over. >> it's incredible you can whittle away at your lead feeling too comfortable not

talking enough about the eco economy. a great economic sorry to tell about florida particularly impaired to california. new york, chicago, blue states are doing terribly and laura is doing spectacular, as far as i'm concerned. my opinion. governor, great to see you, thank you for being here. give our best to the current governor of arkansas as well. >> thank you. >> was this about the new york times criticizing president biden? >> why are you giving interviews and when you do, why are you doing it was supposed you like or host that like you or favorable toward you or like nicole wallace and cnn and the weather channel, he's done one print interview in june, 2022 with the associated press in one sit down with the new york times for an opinion piece. not one question on hunter or corruption.

now the new york times is asking, why not? >> we know, you just explained. thank you, suspect to the markets, joining me to talk about this, i'm wondering if the uaw strike is of concern to investors and it looks like they may have whittled out something with ford and working on that. the other two companies not so, what do you think? >> it's more of a concern for the fed then investors. a double edged sword for the fed because strikes on one hand slowly economy which counterintuitively helps the effort fighting inflation but on the other side, they have coming up of the supply chains, increase car prices as a result and they are going to have higher wages so despite conventional wisdom in terms of higher for longer, everyone was expected higher for longer last week, i the fed is going to move a slow as fast as they can. in other words, i think they will be extraordinarily deliver

in terms of not only when they raise rates but when they cut rates. they can between the government shutdown and strikes to push the economy into severe recession so i think they will raise rates, perhaps not the next meeting they will cut them but not nearly as much as hope for. >> what about the car industry itself? is a union guy, doing car companies no favor by green policies forcing them to build cars that aren't selling. ford lost 3 billion on their ev division last year end same with gm. they are losing money hand over foot making these ev's but they are forced by the government. >> yes, not to mention the fact that higher costs are going to occur as a result of these negotiations. we could be in the same position back in zero eight -- oh nine

having to bail out automobile companies so it's a scary proposition what's happening. >> it's all related to the green energy program of the president which is diminishing the amount of oil we are producing as a nation, natural gas we have the ability to produce. i'm wondering if there's any hope for these industries in terms of fossil fuel cars based on what's happening with the government cutting back on fossil fuel production in the united states. >> i think we saw this on shoring, we're shoring playing into the narrative of the automobile industry getting traction but it's a big uphill battle. >> speaking of oil, what you think will happen if the oil going up above $90 today, a little below 90 although it was above 90 earlier, eventually it's going to translate into inflation not only in terms of

price of gas but other industries that rely on oil derivatives to produce products. >> it affects the consumer as well. higher oil prices are attached on the consumer and the higher rates are a big headwind, 17 your highs in terms of two-year treasury, that being said, if we take a step back, i do think we are going to find our footing in the not too distant future with respect to the markets. inflation move in the right direction albeit a moderate pace, generative a i will help and i know you have been keying in on the consumer, fitzgerald works, the consumer is remarkably resilient and largely because they locked in low long-term mortgage rates but the margin is enabling them to continue to spend. high oil prices, high car prices all of which will test the

consumer talking other credit cards. >> good to see you, jason. lauren, you're looking at carnival cruise lines. >> they are gone, travel stocks in general were lower whether it airlines, cruise lines or hotels because of higher oil prices crimping their budget so carnival is done 1.1%. >> amc entertainment. >> tentative writers feel the reason for celebration he says it will help peter change get better visibility into the film slate for next year. stocks of 7%. >> spotify, what's happening? >> they are using artificial intelligence to replicate pod casters voice and translate that into another english so someone in another country can listen to a foreign podcast and what sounds like the actual podcast real voice. is that scary or positive or a

bit of both? >> a bit of both. >> do you want a clone of your voice translated into other languages? >> i don't care but bottom line, the stock is not doing well as a result. thank you. teachers in new york city public schools are sounding the alarm on his going to school everyday. we got that story. a group of activists in chicago are calling for harsher penalties following armed robberies over the weekend. chicago pastor corey brooks deals with that one. migrants continue to flood the border in texas, we got new figures that are extraordinary. overwhelms border agents have another challenge, a rise in assault on border agents. that report coming next. ♪ will

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♪ >> we have some breaking news on the migrant story, 11000 migrants encountered at the border in just the last 24 hours. with jenkins in eagle pass, texas with more on this, what's it like they are now? >> hey david, it's like something i've never seen. i've covered the border for than a decade and in eagle pass the last two and a half years and here where it's been gone zero for two years, we haven't seen the numbers we are seeing right now at all. there are more than 4000 over the weekend and in just eagle pass. literally walking past our camera, let me take into the sky with our fox flight team and i can show you cameras on the land, migrants crossing into group of 50 or 60 euros that have already crossed waiting to go through miles of dangerous

razor wire put by the state of texas as a deterrent but you can see clearly not working and 11000 number across the entire southwest border, those numbers are numbers that have not been seen in recent street, no one seems to remember it ever being that high. that's why there's overwhelm outnumbered migrants coming. there's no doubt you are seeing the numbers because the migrants believe they have a good chance of being released by an administration that favors catch and release. here in eagle pass, migrants are going to have to be processed. you're looking at them right now, two 100% capacity over here in eagle pass, no place to put them. on any given day no more than 50 border patrol agents for eagle pass north and south station. for the agents have to deal with these thousands of migrant all day long, 90% of their job is simply processing migrants meaning in this entire sector, you leave wide slots of open

area for cartel to move migrants who don't want to be apprehended or worse, contraband like cartel and other things. there will be a delegation today representing tony gonzales who represents the area leading the delegation august pflueger who we caught up with this morning, here is what he had to say. >> this is the epicenter of the crisis where joe biden abandoned america. now is the time to put pressure on the administration and say you must shut down and control the border. it's out of control with the numbers. >> i want to show you one other thing, in the rio grande valley, we have pictures of an agent that had been assaulted. he was part of a team trying to bring a smuggler into custody. they did so but not without being assaulted and it took three agents to get the smuggler under control and when they did, you see a bloodied picture of the smuggler with the name rocca

tattooed on his forehead. that is part of the situation here. we are hoping it will slow down but we are hearing reports there's more on the way. >> since the president became president in january, 2021, there must be over 5 million migrant encounters, right? >> that's right. january of 2021, if you add up just 2022 in fiscal year 2023, you are well over 4 million right there. the numbers are astonishing, over 5 million and something border patrol has never seen in history and they are trying to figure out what to do about it. >> i think they know what to do, the folks in washington. thanks very much. a migrant crisis in chicago stressing the city's bottom line. city projects by $38 million budget deficit for 2024 and more than a third of that is tied in

one way or another to the migrant crisis. chicago president and ceo project could, he joins me now. great to see you, thank you for being here. it must be not only a strain on the overall budget for chicago but you think about the people in chicago, poor folks born and raised here see money that could be bent on them, on their own needs spent for this migrant crisis. >> absolutely, a tough situation. you see individuals in our community who have been in situations where they need to funds for a lot of things, starting businesses and entrepreneurial ship and for them, we are not even talking about the homeless who have gone without for years in the city of chicago who feel displaced by the result of the focus on the migrants. it is a tough position for the city to be in a tough position

for citizens like myself to see it and tried to figure out what we should do. >> i don't want to pull you into the idea that money is the only answer because often for these situations, it's problems with families, the education system you mentioned and money, we more money down the education to and don't seem to get the result we want so what are the answers beyond the money? >> we are facing various issues. we've got to figure out short-term what we need to do and long-term strategies and there will need to be collaboration to come up with a strategy that helps everyone. no one wants to see the migrants in the situation they are in but at the same time we have to see the whole city what's best for the city so there has to be strategy and collaboration. we have to take more of part of

trying to be the solution. often times we leave issues to the government. in chicago in major cities we see government failing us all around the border so as a citizen we need to do what we can to work things out. >> pastor brooks, we thank you for the work you do, it's heartfelt and you put your all into it. you are doing good work, i wish i could say the same about the government. democrat mayor in texas sounding the alarm on the migrant crisis. who is it and what is he saying? >> el paso texas mayor, he says his city is at the breaking. >> the city of el paso, we have come to a breaking.right now this is something we have been prepared for but the numbers are isolated quicker than we anticipated. >> democrats caught off guard by the summer surge and some are mad. el paso is getting 2000 migrants a day. they only had the capacity to

house 400. some in the party like congressman henry cuellar are saying we need to see images of deportation that the administration is doing something about this and there is the threat you cannot come in and you have to go back home. he says an image like that might deter these huge numbers. >> they know they are not being deterred. the word gets around in the community. >> what they see is open border so maybe they need to see something else. >> a lot of money paid to migrants when they get here. thank you, california governor gavin newsom now forcing all schools in the state to provide vendor neutral bathrooms. more on that. texas governor greg abbott : four special session on school choice. he wants to put republican holdouts on the record. for or against it. corey deangelis gets into that coming up next. ♪

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seesaw day, not too bad in terms of losses, cap too great in terms of gains. the dow is down but only by 35 points. nasdaq is in the green by about 40 points. s&p is up in the corner. that's good news there. come back in here lauren, let's start with alcoa. >> five and a half% down. they have a ceo transition plan in effect, former coo is now the ceo. investors are not warming up to this plan. >> that for the moment. amazon -- >> 4 billion in ai, artificial intelligence firm anthropic will use it specialty chips for amazon's software. >> and nike? >> jeffrey has downgraded thank you and urban outfitters and footlocker. they are all down 2.6% the team at jeffries surveyed consumers with outstanding student loan debt, kids with student loan

debt. more than half of them plan to spend less on apparel and footwear because none repayments will resume october 1, a few days away. >> tell me about new laws were great school bathrooms he si signed. >> all public schools in california will be required to provide gender neutral bathrooms but 2026. that expands of previous law that required k-12 schools to allow students to just use the bathroom that aligns with their gender identity. now there is a gender neutral bathrooms so you can pick. it was inspired by the chino unified school district covered the story, they tried to stop transgender students from using certain bathrooms, certain words facilities and locker rooms. that did fail. california requiring cultural fluency, training and task force to serve the needs of lgbtq plus students to make everybody feel

welcome. >> indeed. take a look at this headline in the "wall street journal", school choice in texas that evening or corey the robot and he joins me to explain. good to see you, thanks for being here, plaintiff, what is the easy way and hardly in texas? >> governor greg abbott education freedom fighter called for a special session next month to bring the legislators back to austin to pass school choice on the republican party platform and 88% of texas republican primary voters support ballot proposition on school choice last year so that is the easy way, do the right thing for voters and constituents. the hardware is we take into the elections and the primaries will be coming up and these politicians, fake republicans in the texas house have primary opponents breathing down their necks and this is why breaking news, just today my organization american federation for children

launched a super pack for school choice supporters so it's called the asc victory fund which is fitting because all we do is when. [laughter] >> good for you on that. north carolina just became the tenth state to pass universal school choice. should this continue to be up to the states or should it be made into a federal issue? a lot of federal politicians have been talking about it. >> we have momentum at the state level and states controlled by republican's. north carolina is the first without gop trifecta because every republican showed up and cosponsored a bill for universal school choice in north carolina. it took every one of them to avoid a veto by hypocrite governor roy cooper who opposes school choice for others% his own kid to a private school. texas republicans should do the same thing, band together and support constituents.

arizona they did as well last year, every republican voted in favor of universal school choice. they had one gop majority and they were able to get it done at the federal level, this tax credit scholarships. education choice for children act, private donations so you don't use federal money to expand school choice and hopefully blue states, too. >> when governor duncan was elected in virginia, everybody agrees it was only education issue. is that still across the country? a lot has to do with the pandemic and issues related to education and the pandemic but without the pandemic, it's become order to push school choice? >> no, people that begin configuring was a blip on the map that we have had two goals including randi weingarten finding republicans on the issue of education. >> that's news. randi weingarten admitted or her organization that is on the move, school choice? >> are poll leaked to the public

found republicans were up on the issue of education, a seismic shift from the past few decades or democrat are usually up so young and laid out a blueprint of success for republicans if they want to talk about school choice, they should in terms of parental rights and education because the average for not support this communist idea that kids belong to the government more republicans should behave and campaign like glenn youngkin if they want to win because they are on the right side of history. >> we have the gop debate wednesday, some people have come out with article ideas and education, vivek ramaswamy wants to get rid of the department of education, would you prefer that? >> abolish it. the word education is not in the constitution, it spends money and creates a jobs program that does adult and not for kids. look at the track record, it's a payoff to the teachers unions, it's time to get rid of the department of education and

break the stranglehold that is the teachers unions on the minds of other people's children, empower parents, thought bureaucrats. >> we've been spending a lot of money on federal education and test scores going down simultaneous to that. money in the fence and doesn't necessarily mean better results. great to see you, appreciate it. growing concern about students showing up to school high in new york city. was going on up there? >> it's called wake and bake and then midday smoke, high schoolers, freshmen, 12 or 13? they are high all day long and teachers are saying, how can you learn? students are saying they smell like it, it's everywhere. some are outright smoking in the bathroom if they can or outside the school but they are bringing in plastic vapors so the schools have a metal detector, they can get a plastic one in. >> you can't learn if you're

stoned. that simple. pressure is growing for senator bob menendez to resign and republicans believe they have a good chance of picking up the senate seat, he's speaking right now. details coming up. a reporter for the new york p post, jon levine, he's tried eating at new york city's finest restaurants. dressed like senator john fetterman. roll. >> something i'm wearing is okay? >> the united states senator addresses like this. >> yes. >> well john is here, he's in the hood and he's here to tell us how it all went down. jon levine is next. ♪

checking the markets, a little like the weather, it's up and down in the dow is still down 57 points. fifty-five-point. the nasdaq and s&p are in agreement. senators from both parties openly criticizing senate majority leader chuck schumer's dress code. mark meredith joining me, schumer's dress code going to stick? >> that is the big question, it looks like is going to be some change in when the senate majority leader changed the dress code, he sparked criticism and now senator who says changes could happen again. during was insert about the dress code for senders and says conversations are underway to perhaps reshape the rules once more. >> let me tell you good news is the conversation continues and i believe there's going to be in agreement. i hope very soon. it's experienced in the senate to see the individual passion

taste. >> the change of the dress code is seen as an effort to help democrat john fetterman feel more comfortable at work and spotted in hoodies, shorts and casual wear. last week he recited over the senate chamber without traditional suit and tie. this week democratic senator joe manchin is expected to file bipartisan resolution requiring senators to go back to suit and tie the white house as president biden is not plan to weigh in on any of this. >> i'm not going to comment on how senate is running the business that is that to them, not for us to decide. >> senator fetterman is trying to capitalize on this controversy telling church, highlighting people criticize him and vowing to wear a suit and tie one more time at his house republicans avoiding the government shutdown. >> thank you very much. jon levine tried eating at new york city's finest restaurants, just like senator john fett

fetterman. >> nothing i'm wearing is okay? >> yeah. >> just like the united states senator addresses like this. >> jon levine joins me, were you surprised they wouldn't let you in? >> i was not surprised. i look like a slob what a mess. of course they wouldn't. >> the united states senate, supposed to be the height of civility and political bodies all around the world has a standard lower than a couple of restaurants in new york city? >> just around the owner, you can go to them, the backyard of the pilates class. it's rough. what's curious to me, foreign leaders and governments and congress will think about this when they see someone like fetterman presiding over the senate in a hoodie or sleeveless shirt or whatever.

once you change the rules for him, or some of wants to come in in a tank top or a bathing suit? >> there is a serious issue, lowering the bar of civility, often corresponds to lowering behavior, civility industries and we have seen that in city after city after city where crime has gone up, there's no rules anymore, you see electrified bicycles in new york city running people down, is no standard anywhere anywhere and that is part of the problem. >> have you been on an airplane recently? i-5 hundred time on a fly coach, it's rough. airplanes are horrific and these people who treat them by extension of the living room, john carpenter movie where it's this monstrous place in the

dystopian because -- i remember in my lifetime when people wore a blazer on airplanes and it was like a thing, it wasn't like a sunday dinner, church work but you dress nice for the airplane. >> there's a place for stability and one place we thought was the united states senate but apparently not anymore. i want to bring out a political subject, new jersey senator bob menendez speaking about his federal bribery charges. he claims the prosecutors came from his personal kate savings account cap for emergencies. he said in the end i will be exonerated and continue to be the senior senator from new jersey. he says people want him to resign from political reasons for political reasons and he will return to d.c. to avoid a government shutdown this week. this guy did be before, his

indicted and a lot of people thought it was tight and a lot of people think this is worse. to be specific, cash money was sewn into he and his wife's clothing according to the indictment itself so it seems airtight but he thinks he can get away. >> he was indicted years ago on bribery charges and seemed airtight at the time and fought the charges and. , the jury deadlock and he walked. he's not going anywhere unless they drag him out in handcuffs with the conviction so for him, it's not his first rodeo and he has a campaign of $7 billion you can tap into for legal fees and will not spend a dime of his own money. 2024 perspective, his seat is up for grabs, new jersey is usually safe but obviously democrats don't want to run a senator under indictment so there is pressure to resign but he's not going anywhere and it creates an opening. >> we should measure -- he's been progressive on some

economic issues but the issue of cuba, is a very conservative man, a lot of cubans in his district and that's part of the reason for his reelection time after time. aoc is for -- asking step down. she is much more sympathetic to humans in power than he is so people are dividing along progressive lines in terms of who wanted to resign and who doesn't. >> you are not sure, or durbin. they are basically saying innocent until guilty, i know it will give him more than al franken who snuffed out on two seconds on nothing. >> thank you for being here. democrat district attorney in california suing sacramento for what he calls third world almost conditions. the district attorney is here coming up next. ♪

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kids to the park and have a difficult time navigating sidewalk. it's a fail first system, not carefirst. it means you have to end up in the criminal justice system, finally somebody provides support, we've got to change that and that's what we doing. >> that was gavin newsom talk about the homeless crisis in the state. sacramento district attorney joins me now, he has a new initiative called the care court where a judge will be able to order people with mental illness to get killed so california, solution after solution, 17.5 billion on the homeless past four years nothing but an increase, explosion of homeless even though defense spending, is the money ill spent in california? >> when we talk about a definition of insanity, doing the same thing over and over and getting the same result what's

happening in the city they've spent so much money in the city and nothing has gotten better, things have gotten worse. we've seen to 50% increase in homelessness in sacramento, those resources the governor gave to the cities being squandered. calling for an audit because local officials are not enforcing the law or spending the money properly. >> art records public? don't you have access to where they spend the money? >> they started the audit in sacramento two years ago and they aren't close to finishing it so that's part of the reason i am suing the city of sacramento. >> your own city? i want to clarify, correct? >> of the district attorney of sacramento county, on the top prosecutor and first district attorney in the entire country to suit the city because of how they handled the public safety crisis regarding the homeless population. >> why is it the money they are spending coinciding with an explosion in the homeless

population? >> when we look at the statistics and the governor talked about -- a proper first step addressing this, eight out of ten people chronically homeless suffering from mental health and drug addiction, we need to deal with the drug addiction and mental health that requires treatment, mandatory treatment so that's not happening right now. >> this suggestion is or the idea in my head, it came out when you are suing your own city, the money is ill spent, somebody is putting it in their own pocket somehow. it is the any truth to that, suspicion on your part that might be where the money went, there is fraud here? >> we are going to get the process, i'm going to get answers everybody wants an answer to. where is the money going? how efficient and effective of the programs pouring millions upon millions into with lack of results.

>> thank you very much for being here, best of luck to you. it seems like a worthwhile cause. trivia question this week is presidential theme in honor of wednesday's debate. how many presidential elections have there been? forty-six, 54 or 59? you will be surprised at the answer when we come back. ♪

david: here it is the question of the day how many presidential elections have there been. >> 50, that sounds right to me. what the heck. the answer is 59 elections. there have only been 46 presidents. >> i did know that. >> you know a lot about the stuff. speaking of presidential things and things presidential don't ms. stuart which is the reason i am here the next couple of days stuart is preparing for the actual debate, and perino. allgood moderate the second republican debate on wednesday at 9:00 p.m. eastern time on fox

business. you don't want to miss it a great debate team. >> thursday morning is going to be fun. there's going to be a lot to talk about. let's give a final check to the market it's been a seesaw monday we've had back-and-forth for most of the day interest-rate our way up that's having an effect on investors as the dow jones has a loss down about 22-point but the nasdaq has a healthy gain of 31 and the s&p is up eight. that is it for "varney & company" today. cavuto "coast to coast" starts next. stay with us. >> ahead on cavuto "coast to coast". debate week is here and the stage got more crowded. who is in and who is racing toward the deadline to make the debate. meantime former president trump surging in a new pool against president biden but democrats