tv Kudlow FOX Business August 7, 2024 7:00pm-8:00pm EDT
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larry: hello, folks. welcome to kudlow, i'm l arry kudlow. well, kamala harris went far left progressive, bernie sanders. when she chose tim walz as her running mate, giving trump-vance a new opening if they c take it, we go to fox news willi to tell us about policies. reporter: let's look at three things, voting, money, and support from special interest groups, on policy walz support union organizing, 15 dollar min minimum wage, supported gender affirming care, legalize recreational marijuana free school, breakfast and lunch for all children, abortion with he
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restrictions free college tuition for family earning less than 80 grand, employer and pay family and medical leave. 100% clean energy by 2040, sudde sanctuary cities,s citizenship for dreamers, voted again increase penalty for criminal aliens and opposes border wall and joking about helping immigrants enter illegally. >> he talks about a wall, i say let me know how high it is, if it is 25 feet, i will invest in a 30 foot ladder factory. reporter: he ran 6 times for congress, raising 24 million, largest donor organized labor, followed by lawyers and lobbyists, he gets 100% rating from planned parenthood, 86 from sierra club. he opposed trump tax cuts.
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he backed big government spending. according to watch dog groups, 19% rating from taxpayers union, 10% from club for growth, high marks from green energy groups like league of conversation voters and low marks from mining and petroleum groups, 92% approval from aclu, and f from nra. and so that is his record, what he will campaign on? we will see. larry: man, i will stay on your good side. what a list. what a list. reporter: you can also tell about a person by their friends, that is what we're temping to do. larry: well done. most comprehensive thing i have seen, william lajeunesse we appreciate it. >> kamala harris choice of governor tim walz was driven by far left progressive
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bernie sanders politics. that is the subject of the riff. so, i stayed up to early hours of morning, reading on-line versions in "wall street journal," the "new york times," "washington post," about why kamala harris chose governor tim walz as her running mate. know what? i should have gone to bed early. each account said the same thing. mainly, she made a so-called gut decision and felt more comfortable with tim walz than shapiro, my response to this awful journalism, is sheer utter nonsense. who are they kidding. kamala harris chose tim walz because he is a card carrying member of the ultra liberal progressive left bernie sanders wing, of the democratic party. that is why she chose him, and can no longer make a
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claim or various policy conversions thatting is she is a moderate -- suggest she is a mod moderate democrat, she is not, her position as u.s. senator and presidential candidate and loyal opi member of biden administration of progressive left. either way, important to give an exemption to above mention journalist, to editorial wage of "wall street journal" which argued that vp was bending to progressive bernie sanders type pressures, good for editorial page. and that same editorial page mentioned, pennsylvania governor shapiro was too pro-israel and too much support for school vouchers, they were barriers to his nomination to democratic ticket, i would add to, that mr. walz -- i am sorry mr. shapiro favors oil and gas fracking and fossil fuels as governor of big oil state. and national democrat can't
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handle that our own william lajeunesse outlined the tim walz left wing social policy, donald trump, and jd vance are going to make mince meat of them over this story in pennsylvania. david mccormick stands a good chance of winning u.s. senate seat from robert kc jr., with you i think that biggest problem for new harris-walz ticket economic recession is not yet here, the risks are growing. and they have no growth strategy at all. i'm not ignoring border czar harris a open border catastrophe, not ignoring the related crime wave. not ignoring consumer price increases. roi'm ignores the break
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out and mishandling of foreign wars, but, mandating an end to fracking with carbon taxes, ev mandates, bans on gas powers cars, killing pipelines, all of these measures are job killers, not job creators, promises to raise taxes by 4 or 5 trillion dollars is a job killer. not a job creator. massive news spending programs, not just on climate change but also nationalizing healthcare, and bigger entitlements, and ignores supreme court by canceling student debt and maintaining a liberal antibusiness regulatory state, these are all job killers. not job creator, step back there is no one wit of a growth policy if any of the harris-walz policy plans.
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and for them that may be a job killer. not a job creator. that is the riff. all right. joining me now, our friend vivek ramaswamy. former presidential candidate, as always welcome back. here is the thing, i think that this gives whole new dimension, kamala harris, she picked tim walz with far left progressivics, and et cetera, what does this mean, for the trump-vance campaign or for the democrats campaign. i think when it surfaces the bloom on out of rose, what says vivek ramaswamy? >> i will be frank, last few weeks have not been our best, this is the reset we required, i was shocked she
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did not go with shapiro, it telling us a lot about kamala harris, say what you will about tim walz, vice president does not matter as in in setting policy it tell us about her decision making as potential u.s. president, her first presidential style decision to make. and it shows to which side she actually bends the knee, far left progressive wing. and funny thing, dirty secret about both. they began their careers in politics, appearing to be more centric in democrats. yet he ended up migrating to left, not so much they have their own independent ideologies, who knows what kamala harris ideology is or what tim walz's ideology is it shows which wing of democratic party controls their behavior, in the end
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they may be just puppetted wielded by far left, the policy record is something they have to own, it will not be good for them. larry: i want to unpack some of those points, for one thing. you know last night i called the bernie sanders decision, bernie sanders is two-two, he wanted kamala harris not biden he capped walz not shapiro, he got his way, he is leader of left wing progressives in democratic party, bernie sanders did not like shapiro, i don't think if there is any anti-semitism because here sanders is himself of the jewish faith. -- so, i am just saying, on this point, kamala did not just have a gut reaction. or she sat down and felt more comfortable like all of these newspapers wrote about. and stayed up way too late
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reading it, she went there that is center of democratic party, the teachers union is weighing in. service unions is weighing in b bernie sanders is weighing in. the phone wires were burning. and that is why she still -- that is where i want to start, not a gut reaction flipping a coin. or he is a lovely fellow let's put him on the ticket, she heard it from left wing interest groups. >> the reality there is a contradiction if how they pitch walz. they are pitching him as midwest everyone unifier. the reality s is this guy went out of his way to call 70 plus million americans in his words just plplain weird, the idea of who wins this election, to say that 70 plus million people on other side
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are somehow no longer part of culture or country is alienating. and it is contradictory with respect to their core message and approach. here is my view, my top advice to our side, focus on policy. if we focus on policy, we win this election if we offer our own vision for future of the u.s., if we fall in trap of following other side's shenanigans and obsessing over that we create greater risks for ourselves. the risk to democrats is it causes them to lose centrist voters, as i believe it will, but i think risk for republicans, is that some of his stances and his position and his approach have been so bad, that it distracts to us go down a rabbit hole we don't need to go down, we need to focus on what we care bseal the border, grow
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the economy stay out of world war iii and lift up all americans including our national pride, focus on that we win hands down we have to avoid the risk of detraction that is risk that the harris-walz ticket presents. larry: put the foreign wars aside, not that is not important, but growth, growth, growth, at convention, i thought donald trump was brilliant in his discussion of growth. right after the attempted assassination. he talked about tax cuts and deregulations. and fracking. and you know, down siding the bureaucracy as you talked about. obeying supreme court. other team wants to pack the supreme court. high was fabulous on growth. i'm not saying he ha lost that message, i think he has been distracted by a couple other things, they, i think
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they the democratic ticket has not one scintilla not a single basics point of growth in their platform anywhere. whether it is regulations, taxes or fracking anywhere, not a single and people are worried about, that right? the stock market, not good. a lot of economic indicators not good. i am not saying we're in a recession, but i'm saying that risk of recession or front end, so, growth. growth, that is what the you know, reagan out the taught me growth. >> you call me on here because you want truth from me, ill give it you to, i think that republican party has not always been strong on the issue. some of those fizzures on right. i think they create a lost opportunity for us. you are right democrats abandoned a pro growth agend abut you look at last several years you have
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republicans posing bills in u.s. senate and elsewhere raising m minimum wage nationally. so i think that more clear minded we are, in embrace, that i think that president trump has been good on this issue. in terms of roll back regulatory state. the tack burdens, growing the economy and kind of economy growth under trump's leadership. if we saw this more the way all the way up and down the party we would be in even stronger position to differentiate ourselves against the walzs of the world, where we could risk losing a plot with respect to union policy and minimum wage policy, we see that creeping up in republican party that leaves us in a weaker pro tig, president trump's first term was outstanding he needing to continue to lead the way we may swanned squander that unless we shore up to
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our roots, we believe in a smaller state, don't apologize for it that is who we are. i'll speak that truth. >> 100 percent with you. i'm an old free market cappi capitalism, i have said it for years. you are light. if republicans or conservatives top use big government the way that democrats are that does not make it right, does not make it right. you are right. i would say you to mr. trump knows this, and he has been pretty well, he lost his stride last weekend in atlanta, georgia but now a reopening you call it a reset, i call it reopening i think his running mate is picking up his game took i interviewed jd vance last night, he is picking up his game to growth. vivek ramaswamy, you always pick up your game, terrific thank you so much.
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>> thank you. larry: all right coming up on kudlow, speaking of which, a recession may not be here yet. but the risks are rising. where are the growth policies? we'll ask steve forbes and liz peek here on set next up, you can catch kudlow, monday-friday 4 p.m. here on fabulous fox business, if you can't, just text your favorite 9-year-old, and she will show you how to dvr the show. so you will never mis miss a growth message, i am still kudlow and we'll be right back. backing you could ean on everything with just one card. chase freedom unlimited. so, if you're off the racking... ...or crab cracking, you're cashbacking. cashback on flapjacks, baby backs, or tacos at the taco shack. nah, i'm working on my six pack. switch to a king suite- or book a silent retreat. silent retreat?
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larry: harris-walz doesn't seem to be too worried about threat of recession, but voters have a different view, hillary vaughn live at white house to tell us more, what you got. reporter: today white house was asked whether or not they think that market nose dive on monday was a blip, we didn't get a straight answer from them, they don't seem too bothered, the word of day here when talking about economy has been resilient. >> our broader economy
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remains resilient. we have seen consumers remain repsi resilient. we believe u.s. economy remaining resillient. reporter: that may not be word that americans would use who saw their retirement accounts plummet. >> she costed deciding vote for so-called inflation reduction act. that sent a lot of interest rate through the roof, and cast deciding vote that made housing and gas and groceries less affordable. reporter: vice president harris has been campaigning on what she wants to do as president. promising she will fix this if in charge. >> when i am president, it
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will be a day one priority to fight to bring down prices, strengthening our economy and building up the middle class wl a defining goal of my presidency. reporter: that could have been a definding point of her vice presidency right now. we have been told along that biden-harris administration's number one priority has been to tackle inflation, they had three and a half years to get that done. larry: hillary, i was crushed. vice president harris is not using bidenomics, what happened to that? reporter: she had in past, been on the trail to talk about bidenomics very joyfuly, and happily back when it was white house went with. if i were called on today's press briefing, i wanted to ask if bidenomics is the same thing add harrisnomics, but we were not called on, i
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guess we won't know what her economic policies are until i get called on. and if they are same at president biden. larry: kamalanomics, hillary vaughn. >> it has a ring. larry: we'll t talk soon, joining me now, steve forbes, to talk about this and liz peek. and fox news contributor. so, apart from kamalanomics versus bidenomics. here, i will pause it. liz, there is a lot of lousy economic news, not saying we're in a recession yet, there is a threat of recession, i call this the front end, people are worried. i don't see between the vice president and her new running mate a single growth oriented policy on energy taxes, rig regulations and student debt, and
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entitlements and spending on u.s. dollar, not anything. i don't see anything remotely about growth, i think that a problem and a big opening for the trump-vance ticket. >> yes, because, they have no economic policies so far. you go to web site, i'm sure un, you get a advertisement that asking you to donate money to campaign, there is nothing about any issues. i don't think she can just skate on the surface all the way through the election. in her rally she talked about making housing more affordable, it is more unaffordable than ever, she has already been there three and a half years, what have they didn't about it in biden-harris white house, that is fair to say now, seems see is running the country. in terms of your broader question, they have never owned up to the idea or suggested at all that maybe
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cutting back on spending or not spending two trillion a year more than we actually bring in to the federal government has been a problem and caused the inflation. they will never turn tail. larry: they don't -- >> they don't believe it. larry: hang on. jd vance is coming on quite nicely. listen to what he told me last night. >> we took in more revenue, because the government got out of way on regulatory side and tax cuts spurred a lot of growth which men more people working and more economic production. which meant the economy was healthier, that kamala harris has been awful on regulatory environment, possibly worst way, larry has been on energy. they are trying to drive american energy out of, with regulations. larry: those -- those two short paragraphs could win
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you an election. >> you have been a very good teacher larry, and a very persistent one and student vance taking it to heart. larry: picking up his game. >> that is a good thing, he will with a debate, i think donald trump will, that is the issue you hammer, you are better off today than you were when donald trump was president? case closed. i love harris saying, i'll tackle inflation day one. why not now? >> why wait? larry: i don't know what that means. tricky, we're talking money and politics. . i am barack obama with the same idea, give you the conclusion but he would not give you the how to do it i remember bill clinton, i feel your pain in his first term he raised taxes across the board and economy was in shambles, this has been tried before. be careful what you wish for. i think trump and vance,
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trump is good on growth. he has an occasional detour, but he is pretty good, vance is getting better, that a big plus. >> i wish they would spend more time talking about regulation, she was pore more powerful in rolling back regulations. obama's red tape was costing tens of thousand of dollar for american family and millions for the businesses that is something that everyone understands, and everyone hatred tape, in particular small business owners and small business owners always talk to me about how trump made their life easier, and this crew has made it more difficult. and i think that minnesota, if we're interested in what tim walz said about it taxes are very high, and i think regulatory changes have been a future of his. >> people are fleeing minnesota left and right.
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steve forbes, i don't think, do you think we're in a recession? do you think that fed should have emergency rate cuts that people are talking about? >> just says they are in a panic, they blew it again, let's not worry so much about inte let the markets do that and get to fed -- say to fed stop trashings economy, stop trying to depress the economy that does not cause inflation, spending what federal reserve does in terps of financing -- terms of ffn busin financing the debt, that causes inflation. trump should go on trail, and talk about social security tax. >> we have a clip on it. he was good, i think this morning on fox and friends. he mentioned social security
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tack relief and no tax on tips. the big grand -- look. jd vance sounded like steve forbes and art laffer curve, that is what he said. revenue tax rates down. >> encouraging work, he did raise that issue, democrats are always trying to suppress work that is not good forhe ecomy. >> and regulation, talk to real people, small businesses, that crap they have to put up work so people see it stories work. larry: barber shops. >> don't say regulations are bad, here how is it is bad and it is costing. >> 100%. we'll go for it liz peek, steve forbes thank you. >> thank you. >> thank you. larry: coming up pure appeasement, seems to be harris-walz plan to deal with iran. -- biden-harris plan to deal with iran, we'll talk about it with senator joni ernst next on crowd kudlow stickw around. lo
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larry: appeasement seems to be biden-harris balloon to seems to be the plan to deal with iran, joni ernst joining us from dispr great state of iowa. listen to this. secretary of defense lloyd austin. >> several u.s. service members were wounded yesterday in, a rocket attack on al-assad airbase in western iraq. so make no mistake, united states will not tolerate attacks on our personnel in the region. larry: senator, i have to tell you, with all due respect to secretary of
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defense, distinguished military man, mo not person also. what he said is blarney, we have been d attacked there before, and we have had service people killed and hurt, and u.s. government has never done anything, why should we believe anything that secretary of defense says, if you run, in you are a mullah why should you believe a word of it, they have never acted on it before. >> larry, you are right. they won't believe us, they shouldn't believe the secretary of defense nor this administration. we have seen time and time again where u.s. service members have been killed, maimed and injured. and what has this administration done? absolutely nothing about it. we saw the 13 that were killed in abbey gate, we walked away from afghanistan. we saw the three that were killed just this year at tower 22 in jordan.
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and what did we do ? nothing. >> those injured at al-assad and other rocket attackses, what is being done nothing? it is about appease. , u.s. appeasing iran, we had over 40 americans killed on october 7 in israel, we have 8 held hostage, what has this administration done about it? nothing. and you won't hear them talk about it either. do i believe secretary austin? absolutely not. we need a new administration, that is donald j. trump. larry: you know basically the israeli, idf, they are telling mullahs and hamas leaders and hezbollah leaders, i got your don't phone number and home address be careful, then they hit them take them out, how about that, they fight
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back. i'm not a war monger, i would rather no foreign wars but we cannot let these country in particular the meeformiddle east we have coddle and appeased, rain for so many years under the biden administration, or let the idf do it and quit criticizing them. >> right. this is why i put forward my punish act requiring the administration to put maximum sanction pressure upon iran and not allow it to ease off, and not allow u.s. to enter into another nuclear agreement with iran and until they have taken hitti hits off former american officials, we know iran is plotting to assassinate americans on our own soil. what does this administration do? nothing. nothing.
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larry: you know -- >> so disturbing, the world is on fire, and we have absolutely no american leadership. larry: you are right, ma'am, the sanctions were embodied in a congressional mandate in executive order by president trump, they were in place, they were not producing but 300 thousand barrels of oil a day, they were bankrupt, now look, all changed and gone down hill. the economy is bad enough, but this foreign policy story is just awful, senator joni ernst thank you so much ma'am appreciate it. >> thank you, larry. larry: turns to another story. this one is weird. return of zuckerberg. >> joining us, mollie hemingway. mollie, you pulled plug on zuckerberg in nurse
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first place now i read the committee center for tech and civic life, i don't know how much i money they have. are they concerned. mollie hemingway. >> a very good question. a lot of people were excited when they heard mark zuckerberg decided to to not finance the private takeover of government election offices, like he did in 2020. but two main groups he funded, center for tech and civic life and center for election innovation and research, they kept going, they are financed by other left wing billionaires to engage in this takeover of government election offices, primarily in the blue areas of swing states, to run the massive get out vote operations to help democrats. larry: is it legal in shorts? legal in your judgment?
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>> it is not been properly litigated, it is an open question about how -- will different states have different rules on what to do. but there is no question that they should be looked into because of how this privileges left wing voting or democrat voting, i want to point out not just two left wing groups that, but others, also biden-harris administration, asked federal agencies to like wise get involved in targets democrat sub groups. >> that is probably illegal. violating hatch act, ned ryun, what do you think. okay they will do what they do. democratic criminals will do what they do, our question. what is republican defense, the stakes are high. >> they better litigate, i will say, you asked is it illegal, i know if ned ryun of america majority had attempted to do what they
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did in 2020, i would probably would not be talking to you, i would be in jail. running the nonprofit money into battle ground states and blue counties to boost blue vote bye sometimes a factor of 10 to one this is a disgrace, the folks the zuckerberg bucks, were not actually pursued and litigated correctly because they are the proper side of many who reside at doj, and states ag's and da's if a whicfy conservative would have done that, i would have faced consequences, i hope, i know there is legal act being taken but 28 states outlawed zuckerberg bucks after the 2020 election, i think silver lining they put up 419 million in to the battle ground states in 2020, and grant levels were 2 1/2 million, not as significant but i would echo was mollie
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said if people' to have faith in their elections, last thing we should see is leftist groups trying to takeover how our elections are conducted. >> mollie, quickly. story in washington examiner, kamala harris and her husband. both donated to this group, legal aid dc something or other that stands for defunding police. is that story accurate? and what do you think that means? >> suit absolutely we have information, that she and her husband are supports of this group, not surprising. because in 2020, she was running for president, she was a supporter of defund po lpolice, and famously post aid tweet asking people to help bailout riot rioters in minneapolis, and just chose or vip vp --
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vp, and just that is finish cost it was just very bad for the body politic. there is a good example of where she and her vp are lined on left wing policy, a lot of importance don't like that. what it has done to cities and police forces. and you know, if goes with everything else the economy, border and foreign policy. larry: ned ryun, last 30 60s. you shedding any tears, cori bush, of st. louis was defeated. the second quartet member. >> i think it say positive sign that squad continues to be diminished, i don't think there is a rejection of leftist, i would say neomarxist policies they have two neomarxists with kamala harris and tim walz at the top of the ticket. we could not have a clear starker choice coming to fall, neomarxism versus freedom, i hope that
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american people choose wisely. >> mollie hemingway thank you, and ned ryun. >> thank you. >> up next house republican leader tim tim waltz, talk about governor wrual -- come emmer when kudlow returns. hellooo new apartment. one bank for now. for later. for life. chase. make more of what's yours. your gut is like a garden growing both good bacteria and bad. that balance is key to a healthy gut environment. benefiber's plant-based prebiotic fiber gently nourishes the good bacteria, working with your body to help your gut, and you, flourish. effortlessly. every day. grow what feels good. with benefiber. why do couples choose a sleep number smart bed? can it keep me warm when i'm cold? wait, no, i'm always hot. sleep number does that.
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larry: gov tim walz policy seem to be strangling michaemen minnesota economy. joining me tom emmer, he is a big taxer, he has -- minnesota -- congratulations tom emmer, minnesota has highest corporate tax in u.s., third highest capital gains tax in u.s. and governor tim walz raised both taxes, he raised tax on international income. coming to minnesota businesses. and turns out, minnesota has the highest -- no the 6th highest out h migration 200 thousand earnerser more
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or more, you are up there with new york and call well done. >> [ laughter ] i don't know that something we should be proud of. larry, you and i heard years ago, about the tax and spend liberals this is a tax and spend radical. this guy charged last year the minnesota tax payers a 8 billion in new taxes and fees after he blew through 17.5 billion in surplus we rank 44 out of all of state in business tax climate because of his failed leadership, that is really putting minnesota on a crash course, for a disaster. larry: you know other one from tax foundation. employment in minnesota grew 0.7%, ranked 42 out of 50 states. i said national average is 1.6. almost about half of that national average that not
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cool, a real tax and spend story. in addition to the crazy cliclimate control and mandate, you know him. what can we expect from governor walz? >> well, hard to believe that he could be even more to the left than kamala harris, but he is, this a left w wing radical under his failed leadership taxes skyrocket and violent crime in minnesota is up -- we lost 20% of our police, minnesota families are not better off, what you will see? one of the most stark choicest. on one side, you have the broken economy people that don't want to listen to main street, they want to tell us that what we're seeing with inflation and with the cost of doing, business, they have done us go the.
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but people are starter than that, you can live with open borders and crime on streets and fires or have donald trump who proved to us once what a prosperous economy looks like for everyone. and who proved how safe a secure you be can in your committee with a sealed southern border and made sure there was peace and s stability around the globe, an easy choice. larry: tim walz said he wants to buy ladders so illegals could climb over the border get to u.s., he is opposed to fracking, and in favor of war on fossil fuel. i got 10 seconds but you know him best at home, it looks like home folks are leaving minnesota. >> oh, no, this is the thing, he was elected by minneapolis liberals and final he may be exposed by american public for who he
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really is. it should be a good election for donald trump and jd vance. larry: house whip congressman tom emmer thank you, sir, appreciate it. >> i'll be right back with my last word. shingrix is a vaccine used to prevent shingles in adults 50 years and older. shingrix does not protect everyone and is not for those with severe allergic reactions to its ingredients or to a previous dose. an increased risk of guillain-barré syndrome was observed after getting shingrix. fainting can also happen. the most common side effects are pain, redness, and swelling at the injection site, muscle pain, tiredness, headache, shivering, fever, and upset stomach. ask your doctor or pharmacist about shingrix today.
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