>> all right. 30 minutes before opening bell sounds on wall street looks like back on risk on bitcoin up 3%, final thoughts. >> the tesla robots freaking me out, despicable i lastly think, equities, equities, equities. >> great to see everybody this morning have a good monday stuart: good morning, maria, and good morning. everyone. the election is three weeks from tomorrow and this is the home stretch. trump has the momentum and he's closing the gap with rising support from black and latino voters and closing the gap and leading in battleground states and nationally with a new border

plan and won the support of the border patrol union. the media, freaking out about this. they are nitpicking everything trump says always looking for the negative: wait until you see j.d. vance put down martha raddits at abc, saying only a handful of apartment complexes are being taken over by migrant gangs . this morning kamala harris came out with a plan to help black men including 1 million forgivable loans to black entrepreneurs plus more legal marijuana with black men running the business. and then tim walz trying to attract male voters couldn't figure out to you who load his gun. to the markets the dow jones industrial average will open with a tiny loss this morning, down 60 points but look at the s&p up 14, the nasdaq up about 90. bitcoin moving up, you are looking at $64,000 a coin as of now. oil, $74 a barrel, 73.83 not

much movement down a buck 73. gas no change it's 3.20 diesel no change 3.60 and gold is $2,668 an ounce. on the show today, got to see this a spectacular success for elon musk's spacex. the giant rocket blasts off and returns to its launch seven minutes later. the star ship capsule landed on target in the indian ocean. this opens the way for reusable space ships, counting huge payloads in the not too distant future. it is monday, columbus day, october 14, 2024. "varney" & company is about to begin. ♪

stuart: okay, i've got it, "shining star" from earth, wind & fire about musk. eventually i got there with the connection. wait until you see that lift off of that rocket it is spectacular later in the show. 21 days left to election day both campaigns making their final pitch to voters good morning, madison welcome back. reporter: good morning. stuart: what's on the agenda? reporter: i mean, this is go-time right? it's crunch time. let's take a look first at kamala harris. the vice president is traveling to pennsylvania, michigan and wisconsin this week alone on the road every single day to blanket that blue wall. on tuesday, harris is going to be doing an event and interview with sharlamain the god in detroit. big opportunity for harris because she's struggling with the black male vote and this is a wildly popular radio star and he has been critical of the democratic ticket earlier in the year but now that harris is at the top he's pretty much all-in so this should be friendly ground for her. the host has given some praise to trump, and his america-first

messaging. now, trump never wanted to play by the rules. former president trump is rallying in solidly blue states, with just 21 days to go. he was in california this past weekend. he's going to rally here in new york at madison square garden in the final week before the election. those on the trump team say that no matter where he rallies, he didn't get a lot of vowership online so that allows them to take risk in their strategy but trump is paying attention to the swing states. take a a look at today host hosting a town hall in pennsylvania. stuart: you've got it, madison. vice president harris says trump's team is hiding away. [laughter] watch this for yourself, roll it, please. >> he is unwilling to do a "60 minutes" interview. like every other major party candidate has done for more than half a century. he is unwilling to meet for a second debate.

why does his staff want him to hide away? stuart: marc thiessen. has a smile on his face. mark, can you spell ridiculous? >> [laughter] kamala. stuart: [laughter] >> [laughter] look first of all i just spent three hours with donald trump at mar-a-lago recently and he is fit as a fiddle. he is exactly the same as when i interviewed him in the oval office in 2020 so there's no issue here. second of all, anyone whose not calling for joe biden to be removed from office under the 25th amendment right now shouldn't be questioning donald trump's mental fitness for office. third, she's the one who led the cover-up of biden's cognitive define. you know, she was the one would told us he was vibrant and tireless and utterly authoritative in the oval office and then all of a sudden the debate happens and everyone sees that he's not. you know, and particularly, she was particularly about this ,

because americans kept thinking joe biden didn't go to the podium and fumble his words and wondering what's he like behind closed doors and she was telling us, you know, she was the one who saw him behind closed doors and she's like he's absolutely authoritative on top of his game doing backflips in the oval office he's so great and she lied to the american people. so the one conducting the cover-up probably shouldn't be calling out donald trump for somehow not being willing to go out and be questioned. stuart: i think you've got that right, mark. now the next one. governor walz tried to walk back his cause to eliminate the electoral college. watch. >> look, my point on this was is people feel, and they have to feel, every vote counts in every place of the country, and i think what the point was on this is is they see us in battleground states, and not across the country. so the campaigns position is clear on this. it's not to get rid of the electoral college but it's to focus on every vote and i think your viewers out there listening want to see these

campaigns in every corner talking to every person. stuart: yeah, but he stepped out of line and it's awfully hard to get back on track isn't it, mark? >> well first of all if you got rid of the electoral college they would only come campaign iw york and california so the idea of that would make every vote count is just a lie. it's what makes every vote count. it's what makes the center of the country what they consider fly-over country relevant. second of all, these are the people who keep telling us that democracy is on the ballot. well, they're the ones who want to tear down the institutions of the institutional guardrails that protect our democracy. kamala harris and walz had said that they will get rid of the filibuster and that would make our country into a one-party state, because it would eliminate the ability of the minority to black legislation, an that means they can pass all of their agenda on climate, on taxes, on healthcare, on immigration, and open borders, by simple majority

and not only that. they can pack the senate, by adding the district of columbia and puerto rico as states giving them four democratic senate seats so republicans will never take back the senate. they can pack the court with liberal justices and they said they plan to do this who will affirm all of their legislative overreach, so they are the threat to democracy. they are the threat to the institutions of our democracy. this is just further evidence of that. stuart: marc thiessen. on top form this monday morning come back soon. you're all right >> happy columbus day. stuart: to you too. we better check the markets. look at this , dow down maybe 40 points that's nothing. small gain for the s&p but the nasdaq is up maybe 100 points at the opening bell. ryan payne joining us to cover the markets. why are you so worried about inflation coming back again. >> well i think there's a lot of reasons. first off the fed cut interest rates last month and you'd think that would bring interest rates down on all parts of the curve, yet the 10 year has been rising since, up to almost 4.1% so it's

pricing in is probably inflation expectations are too low right now, probably a lot higher than what jay powell says and that will do a lot of different things. you have the recovery in china. they are suing their economy and they buy a lot of oil once they recover and oil is, they are the largest importer of oil in the world. you have i don't think fiscal spending is going away, stu. it's going to be irresponsible as ever, and now you have monetary policy where the fed is cutting interest rates. it doesn't make sense given the fact that we're literally annualized at 3% growth for gdp in this country and typically it's the opposite where growth is slowing down the fed cuts, they are actually cutting while the economy is accelerating. stuart: listen to this one. trump on what he believes is the most important issue right now. this is a little political but just watch this. >> i think the border is maybe a bigger deal than even inflation. inflation is a massive word. the bad economy is massive.

the inflation made the economy bad. it made it impossible for people but i almost think that when they see millions of people coming into our country, 13,000 murdered, many of them murdered more than one person. when they see that, i actually think that that's, i think the border is a bigger issue than even the economy. those are the two big issues. stuart: well, the political point of view, maybe the border is more important than inflation i'm not sure about that but from the markets point of view inflation is surely more important than the border. >> you can almost interconnect them because a lot of people coming across the border are taking jobs, right? service jobs in the us and arguably it kept labor inflation down a little bit, especially in the service sector where we've been really short labor, so depending on what happens with the border, that could have a huge impact on labor inflation. i think we should have a stronger border but i also think you have to let people in with some sort of restrictions, obviously, but we do need workers.

we do have a labor shortage in this country. it's a big deal and that's a big issue when it comes to inflation. stuart: fair point. things so much for joining us. kamala harris has been asked multiple times how she be different from biden. she struggles to answer that question every time. madison she's getting coached now isn't she? reporter: she is, which make sense. she's been getting this question a couple of times like you said so she's getting that interview help, specifically with the question that you highlighted, what would you do differently than president biden. that question first came up during her enter view on the view and she said there's nothing that came to mind. this has become gold for former president trump. he's played that video clip at rallies with a majority of voters not just trump supporters but a majority of voters viewing the current president unfavorably so they seized on that but now the harris team is working hard to change the answer. we have some quoting from nbc that says the discussions within the harris team have included how she could have put more distance between her and biden. this is according to the people familiar with this discussion. you know, as well as what that would entail in the final weeks

of the 2,024 race sorry that's the end of the quote. honestly for me it's so interesting it took this long to fix the question because if you go through a job prep, which is what she's doing. she's interviewing for a job. if in the round one interview with the recruiter you get a question and you don't do a good job you prep that question so when you're interviewing with the manager or ceo you get it right. she's now on round four or five of her interview and still messing up this question so hopefully she's working on that now. stuart: three weeks and one-day to go. thanks madison. coming up trump's america first plan includes renegotiating trade deals. >> want to make it a much better deal. we've been screwed by mexico and by china, and by canada and by the european union. stuart: well, trump used a different word but we are being taken advantage of, he says. we'll ask steve forbes what he thinks about that. congressman jim jordan says that gop is ushering in a new wave of voters. >> that's why you're seeing new

voters working class people, middle class employee being attracted to president trump and his leadership. stuart: coming up on that will cane on the changing republican party. it doesn't have much to do with country clubs these days. we'll be back. ♪ an alternative to pills, voltaren is a clinically proven arthritis pain relief gel, which penetrates deep to target the source of pain with nonsteroidal anti-inflammatory medicine directly at the source. voltaren, the joy of movement.

stuart: police have arrested a man carrying several illegal guns outside of trump's rally saturday. police aren't calling it an assassination attempt. bryan llenas is in pennsylvania where trump will hold a town hall today. what do we know about this ,

brian? reporter: well, hey, stuart, good morning. look the riverside county, california sheriff said look, it's speculation but he believes his sheriffs did stop a potential third assassination attempt against former president trump at that coachella rally on saturday and he says he cannot believe that the surveillances who was arrested just on misdemeanor weapons charges was also allowed to be let go. >> in our minds, we did. that's what we were setup there for. we were setup to stop and prevent anyone from coming on the grounds like happened the last time, and it worked. it's hard to believe that when we arrest people they don't stay in jail but that's a fact of life here in california and those crimes that we arrested him for were misdemeanors and we do not hold misdemeanors in custody. reporter: now, the sheriff says 49-year-old suspect ben miller drove up to an inside perimeter checkpoint at trump's

coachella rally reserved for journalists. the sheriff says miller's black suv had a fake license plate and inside they found a ton of disarray including unregistered loaded handgun and a shot gun, a high capacity magazine as well as multiple passports and driver's licenses, all with different names. the us attorney is not calling this an assassination attempt but says the investigation is ongoing and they also say that miller was stopped before impacting the secret services protection and that the former president was not in any danger. now, in an interview with fox digital, miller denies all of this and he says he was not there to assassinate the former president. "yes, i'm 100% a trump supporter. this is a man that i deeply admire because i was a closet individual in terms of my beliefs because i worked in hollywood as my politics started to change i realized that hollywood is a homan colonoscopiness community." meanwhile on sunday trump held a rally in arizona where he

received the official endorsement of the nations official border patrol union and he promised that he would hire 10,000 more agents and promised to pay them more. >> after i win i will be asking congress immediately to approve a 10% raise, haven't had one in a long time, for all agents. >> [applause] >> and a $10,000 each retention and signing bonus. reporter: the latest polling here in pennsylvania shows that this race is a toss-up. harris has a three point advantage but here in philadelphia suburbs, harris has a 10 point advantage. these suburbs, stuart, are why president biden won the commonwealth in 2020. this is former president trump's first stop in philadelphia suburbs today. a town hall focused on the economy here in montgomery county. the largest of philadelphia suburbs. stuart? stuart: got it thanks, brian. now listen to congressman jim jordan on the state of

the republican party. >> you continue even the polls are starting to ever so slightly tick in president trump's direction and all of the swing states and states on the blue wall, pennsylvania, michigan, and wisconsin president trump keeping inching up. we're a new party now. we're now a populous party rooted in conservative principle and president trump has made that dynamic happen and that is a good thing for our party. i think it's a good thing for the country and that's why you're seeing new voters, working class people, middle class people being attracted to president trump and his leadership. stuart: will cain joins me now. i have to tell you when i first came to america 50 years ago the gop was the country club party. it's not now, is it? will: no, it's not. stuart, and you know i saw an analysis for the first time since 1984, republicans are leading among likely voters r plus 1 in 2020 it

was d plus 6. the party itself moves as you heard from jim jordan in a populous direction and brought in a blue collar, middle class vote. the union side of that which was reliably democrat now seems to be leaning republican and that is, you know, entirely attributable to donald trump. the challenge i'll just say for the future of the republican party, stuart, is to always manage because populism is good. i believe this movement is good, but it's a fire that can rage out of control, the democratic party is always driven by progressive agenda and playing to the ground but you have to balance populism with principle. i'm sure the principles that you saw embodied by the gop when you immigrated here to this great country. stuart: you've got it. actor dennis quaid rallied with donald trump in california. watch this. >> are we going to be a nation that stands for the constitution? or for tiktok? >> no. >> are we going to be a nation of law and order?

>> yes. >> or wide open borders? >> no. >> which is it because it's time to pick a side. i'm going to ask you a question that reagan asked america back then. and i think it's the question that got him elected. are you better off than you were four years ago? stuart: okay. will? what is trump's strategy going into these blue strongholds? will: yeah, that's interesting. is it that he legitimately thinks he has opportunity to win california, new york, and illinois? i'll give you a couple of reasons. one, fundraising. you fund raise in those places there's a lot of money and if you fund raise in those places you might as well hold a rally. two. there are house races, that are incredibly important in those districts and donald trump wants to be able to win not just the presidency but the house for republicans and thirdly i think those are big stages. when you go to aurora, colorado, you're using what's happened there as a stage to project to

the country at-large, and we live in the age of post-mass media. now we live in the age of social media but the point is you can speak anywhere. it serves as a stage and you speak to a mass audience. stuart: yup he's on a roll. will cain, thanks for joining us always a pleasure. see you again soon. harris is rolling out actually a new plan, brand new, to win over black male voters rers. what's in it? >> this is astounding we just got this plan this morning. she's heavily courting the black male vote. vice president harris released an opportunity agenda today for black men, there you see some of the points there. in it she promises things like 1 million loans that are fully forgivable for black entrepreneurs. she argues for the support of cryptocurrency as well as the federal legalization of marijuana along with creating opportunities for black americans in the marijuana space. as part of the announcement the campaign said, "she knows that black men have long-felt

that too often their voice in our political process has gone unheard and there is so much untapped ambition within the black community" and this comes after harris was meeting with black community leaders. the campaign clearly knows this is an area they need to do better in and they are are doing a lot to change that. stuart: a million fully forgivable loans can't beat that. will cain just left us. now we've got looking at the stock market, futures indicating on a monday morning a mixed picture but mostly higher. nasdaq up 100. the opening bell is next. (cheerful music) (phone ringing) [narrator] not all multi-millionaires built their wealth the same way, you have... the fearless investor. the type a cpa. the bootstrapper. the bootmaker. yeehaw

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stuart: futures showing a bit of a mixed bag but mostly higher. nasdaq is up 100 points. keith fitz-gerald with me this morning. you like two stocks that have been very much in the news recently and both have been doing well. first of all, costco. where is it going? >> well i think we're going to go to a thousand bucks relatively quickly if the consumer stays as strapped as i think they are. they've got online last mile, big bulk, customers who want their wallet to go farther. this company is firing on all cylinders. stuart: how about netflix? they report thursday. they've been on a role. >> well they have and this is one of the things, right?

underestimated the potential of this one, the crackdown on subscription sharing worked well. what i'm watching for this earnings session is maybe even $5 plus or earnings but all of the international growth and the movement into more efficient advertising, that's going to be the key. stuart: what do you mean more efficient advertising? >> well, they've taken on this advertising tier and they have been very coy about their numbers. we haven't seen it impact the earnings yet. i think we're going to get a glimpse of that possibly this thursday and that's exciting to me. i might have to re-evaluate owning it. stuart: where is netflix going? >> i think we'll bang around 730, $800 a share for a little bit. >> [opening bell ringing] stuart: i think they are thinking about a split. keith fitz-gerald on a monday morning thank you very much indeed, we'll see you again soon. the opening bell, we're off and running. let's see now we've got the dow opening with a tiny loss, down .12% that's it. look at the dow 30. there's more winners than losers

there, and the s&p 500, that's on the upside in the early going on a monday morning a gain of about a quarter percent. i'm interested in the nasdaq. looks like there's a stronger gain and yes it is. you're up almost a half percentage point, 18, 428. check out the big tech stocks there we go. apple, meta, amazon, microsoft, and alphabet. they are all on the upside. tech doing well on a monday morning. evercore isi just raised their target price on tesla. good morning, tesla. >> [laughter] stuart: good morning taylor. where do they think it's going? taylor: if i were tesla i wouldn't be here. they are going up to a 195 from a 145 on the stock. clearly they are saying there was some disappointment with the robot event last week. that is to be determined. they are still trying to catch up with where the actual stock is trading. other analysts though, stu, have said you have to look at this company holistically. it's a company with a big

future, big long-term show, so we'll have to see. stuart: we should make the point spacex's dramatic launch over the weekend has nothing to do with tesla's stock. taylor: correct totally. this is incredible. stuart: extraordinary development here. taylor: the fact he can do all of these companies and still innovate at the rate he's doing. stuart: that rocket is the size of a 747. they land it back where it started out anyway let's move on. nvidia it's up again today. i do believe. yes it is. 137. what's going on? taylor: 137.57 is that the record? we're getting so close to record highs because the ceo is coming out and saying that the demand for these chips is just huge. you have one analyst saying they are looking at orders for blackwell. you have to order 12 months out because that's how sold out they are. remember there were some worries blackwell production, all those worries in the rear view mirror. stuart: they have a new ceo at starbucks. is he cutting all and any

discounts? taylor: yeah, hate to break it to you. were you a big fan of the bogo saturdays? stuart: no, no, taylor. taylor: buy one get one 50% off on saturday? okay so this won't impact you but it might impact some of us and some of our viewers at home. basically cutting back on discounts and this fall, holiday season don't expect discounts either. he's getting back to the bread and butter of the company saying we're not discounting. stuart: i want to know about apple and the virtual reality headsets. i call them goggles. they aren't doing too well are they? taylor: well your goggle is my vision pro, right? that's what they are called. this is sort of the chicken and the egg scenario. so apple is struggling to get developers to build apps for the vision pro, because they don't have a lot of people who are buying it, but people don't want to buy it if they aren't really good apps and good developers creating a vr for the goggles. so, they are struggling. they really need to get software developers to fill really fun creative apps. stuart: if i keep calling them

goggles we'll get nasty e-mails from apple. let's have a look at djt. they had a stellar week last week and i presume that's because i think trump's on a roll this morning djt is up another 4%. taylor: yeah, remember on friday, i came to you and said we were capping out the best week we had since march and it was up from a low of $11.75? its more than doubled up 46% in the last month. stuart: we have bitcoin to 64,000 bucks this morning. i presume the other crypto stocks are doing well? taylor: they are. so half of this is the trump story right? trump has tried to frame himself as going to be the big crypto president. also a lot has to do with china, with a lot of that chinese stimulus less than expected people are saying instead of buying chinese stocks maybe i'll buy crypto. stuart: got it. as reported last week, by us, by the way. boeing is laying off what 10% of

its workforce, that's 17,000 jobs. look what it's doing to the stock. 146 that's it. taylor: this is bad. they had a really rough few weeks and they also have a new ceo whose dealing with the machinists who were on strike that's 30,000 employees who were striking. s&p came out and said they might cut the company to junk. they are having major cash flow issues so this is a company that said look, layoffs now inevitable, affecting every rank-and-file of the company and delaying some airplanes. they want to delay the 777x long range until now 2026. they are cutting back on the freighters they build, the 767s you're starting to see this impact the stock. stuart: taylor thank you very much. thanks a lot. big picture for a moment check that big board that's the dow industrial average now down 70 points that's it. 42, 784. dow winners plenty of them. looking at the top of that list there is apple, it's up about 1.1%, salesforce, visa, microsoft is up, goldman at 518

this morning. s&p 500 applied material, lam research, nvidia 138.10 right now, adobe and kla. nasdaq composite winners there, sirius applied materials, lam research, marvel technology, the 10-year treasury yield, above 4% again, reaching 410 as of this morning. the price of gold down five bucks to the 26.70 and bitcoin is 64,000 bucks a coin. oil, 74.34 and nat gas 254. the average price for a gallon of regular is 3.20 and look at california, 4.67. just for a gallon of regular. coming up j.d. vance put down an abc host who said only a handful of migrant of apartment complexes have been taken over by violent migrant gangs, i'll get it right. let immuno him say it.

>> the incidents were limited a handful of apartment complexes. >> do you hear yourself, only a handful of apartment complexes in america were taken over by venezuelan gangs? stuart: i think that was a pretty good performance by j.d. vance. more on that later. kamala harris flipping a script on trump saying he's the one hiding. >> he is unwilling to meet for a second debate. it makes you wonder why does his staff want him to hide away? stuart: i think she has it backwards. trump 2024 national press secretary will take that on later. trump says he will tap elon musk to serve as secretary of cost cutting if he wins the white house. my question is where will he start? we'll ask economist steven moore, he's next. ♪

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stuart: all right, 11 minutes worth of business and look at that nasdaq go. technology is doing well today. the nasdaq is up 125. take a look at sirius xm. berkshire hathaway bought $87 million worth of the stock and that stock is up 6%. next case. the administration, they have been accused of using taxpayer money to mask medicare premium hikes. critics say they want to keep costs low, before the election. edward lawrence joins us from the white house. can you explain this to us? reporter: it's basically sort of a money shell game what's happening is the administration is using money from the inflation reduction act to minimize the payments or the increases in payments on medicare part d before the election. now vice president kamala harris is saying that she wants to protect medicare and says that the inflation reduction act caps certain medicines at a lower price. listen to this. >> we will expand medicare to

cover home healthcare for seniors. >> [applause] >> so more seniors can live at home with dignity. >> [applause] >> and give more support to the generation to those of you who are raising young children and taking care of your parents. reporter: so the inflation reduction act also allowed for substantial increases in medicare part d premiums to pay for all of the programs. now those monthly increases could be triple what the price is now by the end of 2025 according to the non-partisan congressional budget office, so the administration recently rolled out a short-term plan to subsidize the premiums for some people. the cbo finds that program will cost all taxpayers about $5 billion just in fiscal year 2025. >> you're not going to believe how long this program lasts. it only lasts for one year. now, would this be an election year? is it like they don't want premiums to climb just before

november but that's how the inflation reduction act is working with a $5 billion subsidy to kind of mask the fact that premiums are actually going up. reporter: so republicans say all these programs come out in election years to hide the true cost of things and end up costing americans more after the election. the cbo says the vice president's current plan with medicare subsidies would cover again, just 2025 would cost or add about $2 billion to the federal deficit but just that one year over the next 10 years. back to you. stuart: edward thank you very much. now listen to what trump says elon musk's role be in his administration in the future. roll it. >> you've also said there's a lot of fat in government you would want to slim down so what agencies would you want to shut down? >> let me have you ask another person that because i'm going to have elon musk. he is dying to do this. he's a great business guy and he's a great cost cutter. you've seen that, and he said i could cut costs without

affecting anybody. >> so he will be in the cabinet? >> not in the cabinet. he just wants to be in charge of cost cutting. we'll have a new position. secretary of cost cutting. stuart: sounds good to me. economist steven moore joins me. i don't know about you but i'd like to see elon musk take a chain saw to the federal bureaucracy. what say you? >> hey, great to be with you, and by the way, happy columbus day, my friend, stuart. so by the way, isn't it interesting that all of the people today who want everybody in the world to come here hate the first immigrant whoever came to the country christopher columbus i find that ironic. okay so on your question about elon musk. first of all, this is something i've been advocating for for 30 years. we need an efficiency commission that gets rid of redundancy, ineffectiveness, programs that are simply not working, or antiquated and elon musk is

the absolute perfect person to do this. he is an efficiency expert. everything he touches turns to gold, and, you know, i'm old enough also to remember, stuart, you may not recall this , but when reagan became president, he had something called the grace commission, and this was experts on efficiency and are you ready for this? they found $250 billion of waste in the budget that they identified. if they found $250 billion 40 years ago what do you think the number is today? well-over a trillion dollars. this can be done, and it's not going to affect a single, or affect people's social security benefits or national security. it's just waste and efficiency. stuart: we have a spending problem in this country. >> yes. stuart: not a tax problem. that's the bottom line here isn't it? >> it is but here is the point. everybody wants the essential services of government. we all do and we want it to be done as cost effectively

as possible, but you have 2 million people in the federal bureaucracy. we probably could live with about half that number and what i'm here to tell you is you could find all of the waste and efficiency redundancy and you could get rid of those programs and the waste and most people wouldn't even miss it. in other words you're not affecting the essential services of government, a trillion dollars easily. i'll give you an example. there's 300 billion, billion dollars of unspent money for green energy programs. look they haven't worked or moved the needle. get rid of those. how about 100 billion, stuart, in unspent covid money? just don't spend it. stuart: the point you've got to make is elon musk is the only guy who could actually do the right degree of cutting. i'm sorry, i'm out of time on this columbus day but we'll be back real soon with you and that's a fair thing. more middle class households have a negative outlook about

their money. madison tell me how many families are really worried about their financial situation? reporter: it's not. it's a majority. 55% of households in that middle income bracket they say that they have an unfavorable view of their money, so that's people that are making between 30,000 and $130,000 a year. it's a 6 point jump from the previous survey that was done. it's the worst that its been in the last four years, and these folks, middle income folks, they are worried that their finances are going to stretch less far in the future, 34% are unsure of the economy's direction. it's a lot of numbers but the bottom line is that people are worried about their dollar and where it's going to go and because of this , we're going to see it in the election. they told fox business that even though inflation is slowing, "we have to remember that many people fell behind financially and are still recovering." this explains why the economy has been and continues to be the number one issue in the election because even though inflation is getting better,

those families, they dealt with it for years and are still picking up the pieces. stuart: 55% got it. thanks, madison. coming up, we're in the home stretch for the election. the time when many people make up their minds and the democrats are in panic mode. their candidate, kamala harris, has lost momentum. at this point, she's losing, and she's running out of time to get her mojo back. that's my take, top of the hour. florida residents facing a mounting insurance crisis. the hurricane has reeked havoc. ashley webster is in tampa with the full story, next. wall street forecasts over $100 billion in sales for weight loss drugs known as glp-1. even with disliked injections. dehydratech processing of a glp-1 drug demonstrated

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are federally tax-free and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. stuart: the devastation caused by recent storms has created an insurance crisis. homeowners, some of them, are choosing to opt out of coverage despite the growing risk. ashley webster is in tampa. ashley, just how much of these storms costing the industry? ashley: billions and billions, stu, and of course the fear is that after this latest round of storms some of these insurance agencies are doing business in florida which is getting out of here and cut their losses. this site here, we've been traveling around the streets of tampa. we're about a mile from tampa bay itself. just the latest we have chairs and sofas and you name it,

ripped up carpet left on the front lawn. i want to bring in the homeowner of the home we're at here. the name is chris james and chris, thank you. are you to the point where you're saying i'm out of here now? >> it's time for me to go, yes. otherwise i'd have to elevate my home. this is expensive construction. i'm ready to leave. ashley: you've been here 22 years. i want to bring you inside if we can just very quickly, stu, to show you. i think you had three feet of flood water? >> four feet. ashley: okay very quickly can you see the line on the front door is where the water was. and then chris you look around this room. the walls are literally ripped to the studs and what we want explain on television is the smell. the dampness. you've been here 22 years and you have insurance, right? >> i do have flood insurance, yes. ashley: so does that cover everything? >> no it's limited 250 on the dwelling and 100,000

on contents. ashley: the irony is you're in the insurance industry right? >> uh-huh. ashley: and your daughter is currently in the insurance industry. you live just a short distance away. you've done okay, but to the point we made at the top of this report. are companies just going to get out of here? >> you know, before all these couple storms they definitely thought about it but this will put a little damper especially in the tampa bay area and the southern counties affected. ashley: do you think it frightens people out of florida? so many people have moved here. >> they still want sunshine and water so i'm not sure that it's going to actually scare people away but i know we're a little nervous about it but we'll see. ashley: jessica, thank you. so sunshine, but maybe not so much water. do you have a sense of what it's like in here, it's very sad. the family had christmas and families and now, chris says she's maybe just going to sell the lot and try and get the money back that way, but absolutely devastating. stuart: you've got it. that tells us the point.

ashley thank you very much indeed. big banks reporting this week. that's a major events in the financial world. tomorrow we get bank of america, charles schwab, citigroup, goldman sachs. there is the stocks right now. slightly higher as we walk up to the earnings reports. still ahead steve forbes is here on trump's big plans to renegotiate trade deals. harris struggling to win over latinos, joe concha on that. house speaker mike johnson says we're in the most dangerous situation since world war ii. chris whitten responds, karoline leavitt will react to harris claiming trump is hiding away. the 10:00 hour of "varney" is next. ♪

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