[children playing] hey guys, come on! time to eat. time to eat. i don't want this. i want corndogs! ♪ corndogs! corndogs! corndogs! ♪ i need another corndog! larry: hello, folks. welcome to kudlow, i'm

lar ry kudlow. so. president trump electrifying strong closing message to the nation last night at madison square garden. kamala broke it, trump will fix it, we have senator ted cruz, and we have senator kevin kramer, house member tom emmer, john carney from breitbart but first madison alworth it was a big night. reporter: a big night, electrifying performance, trump today back in battle ground states yes he made his pitch in one of most liberal cities, new york to a packed crowd. at madison square garden. there was a massive turn out with 20 thousand people inside, and thousands more waiting outside watching. it was filled with policy points and also some surprises. dr. phil spoke and endorsed ticket also, introduces jd

vance, elon musk one of the loudest supporters of former president spoke and melania intrade intr introduced her husband. >> i would like to begin by asking a very simple question: are you better off now than you were four years ago? this will be america's new golden age. it is going to happen quickly, too very quickly. reporter: trump also delivered what has become his closing argument in this campaign. >> on issue after issue, kamala broke it, but i will fix it. we're going to fix it. reporter: the issues that trump is most focused on fixing are the economy and illegal immigration. trump announced a new policy last night to offer tax

credits for family members that work as caregivers for aging family members or parents. >> if you want too seal the border, vote trump. if you want to restore law and order, vote trump. if you want to grow the economy, vote, trump. if you want to revive national pride in this country, vote trump. >> donald trump is actually the president who will unite the country actually, we don't talk with that enough. reporter: critics dairks critic disagree with that last point, saying that some language was hateful and divisive. the crowd loved it. larry: well, there was some outliers early in afternoon, i agree. some craze stuff, but meat and potatoes of mr. trump and vivek was fantastic.

madison thank you. >> let's continue, kamala broke it and trump will fix it, the subject of the riff. so, electricity was high at packed house at the garden. at the donald trump rally, but even more than just good vibes, there was very important messaging. this ask what i want to make clear as i can, in one sense a reprize of national convention of milwaukee, in other sense a closing statement. by mr. trump and his team. that statement was undoubtedly viewed nationwide, by tens and tens of millions of people. even though madison square garden is in new york city, all of major television stations, media and rest of it in world covered this thing it was a national and international event. so, as m madison reported mr. trump with all important question are you better off now than you were 4 years

ago, the fame use reagan question against jimmy carter it probably fits this election more than any other since reagan first asked it way back in the 1980 race. and then, you have the related message, that kamala harris broke it, but i will fix it this goes directly to the point that voters do not want another 4 years of the biden-harris administration. the affordability crisis, inflation crisis, war against fossil fuel, international wars, open border, crime, woke culture kamala harris broke it and no one wants another 4 years. no one wants to chance it you might have another 4 years. mr. president trump prior record shows he can fix it and build on the successes, because he did it once, he can do it begin better, as a sub theme, he had a composite of what i'm calling the new trump realign am.

ment, with elon musk, robert kennedy jr., tulsi gabbard, other former democrats and progressives, i thought robert kennedy jr. was particularly effect of sive saying today's radicalize democratic party is not the party of martin luther king, robert or john kennedy. legs. >> this [music] the pais not the matter any more of mung m m martin luther king, john kennedy, gains political candidates. including me, and donald trump and all other political candidates. only -- we deserve a president who'll restore the moral authority of the united states of america. >> almost haunting the way he said that and what he said, robert kennedyj and

vivek ramaswamy talked about how what matters in in election is not color of your skin but content of your character, and outlook for economic opportunity. black, white, hispanic or any otherr ethnic group. they want results, this is a key theme of the trump campaign for several years. you heard a lot of it last night, working class coalition. then there is new political rock star, elon musk talking about cutting two trillion out of federal budget with his new doge, department of government efficiency. get it.

mr. trump on other hand, shows a diverse group of supporters. more closely a proximating make of the today's america and voters he is asking to support him there say lot of very smart people in that crowd last night and speaker's podium yesterday surrounding for mr. trump, that speaks to mr. trump's very good judgment because it takes a very smart guy to be unafraid to surround himself with very smart people. that is the riff. okay. let's chew on this welcome back to the show good friend texas senator ted cruz in his own race down there in texas. senator cruz, i just want to talk, this last point, maybe obvious maybe not. you know a lot more people with mr. trumpo stage yesterday, speaking with

him, smart people in crowd for that matter too. you know, it goes to aabe lincoln's diverse cabinet, a smart fellow with confidence to surround themselves with smart people, that is what you have with mr. trump, that almost a under rated thing with new coalition, what do you think? >> larry, i think that is right, seeingy broader and diverse coalition coming behind donald trump and republicans, seeing most important is socioeconomic realignment historically republicans were viewed party of rich and democrats party of poor and working class, i don't know if it was offer true but it is not today, we have flipped republican party is blue collar party could truck

drivers and steel workers and firefighters and cops and waiters and waitresses, a party with rally callouses on their hands, more hispanics and more and more african-american who are moves right in record numbers and young people realize, they have sold a bill of goods this economy this inflation this crime they are coming out of school with is not what they had 4 year ago, we're looking forward to. and that is a real powerful thing, the breath it is a factor of a couple of things, donald trump we know him very well. is unique. he san individual who inspires a lot of people from a lot of different walks of life. but number two, democrats, between biden and kamala, they chase people away, their approach is you will submit and, bo obey and follow our orders or we will beat you down, a sad moment

of how extreme democrat party it last friday you had donald trump in texas, i was with him, a big rally against illegal i immigration, highlighting families of those who lost loved ones. the same day kamala harris is in houston in texas, with beyonce, and wi willie nelson and imaged tra that fake concert is this angry j screaming young woman, a kamala harris supporter screaming at a two-year-old, a toddler in a stroller, that is where the democrat party s anger, hate, and tolerant, i have never seen an adult exp scream at someone else's child the way she did. larry: democratic coalition is breaking up. in some sense reagan started it 40 years ago, and

mr. trump renewed it in 2016, it has ebbed and flowed since mr. trump was first, second. you know, senator cruz, it is t identity ethnic politics is not enough, people want results, they dent get results in the last 4 years. i don't know whether you see it in texas, in the presidential race, or trump has a big lead, i'm told, you have a fair lead yourself. but i'm saying, it is not enough to be a certain ethnic or identity group they want results and democrats have not given them results that theme came out yesterday at madison square garden too. >> absolutely, people want results, and results of kamala harris have been failure, chaos of the southern border, crime ramp ant inflation, economy hurting. wars all over the world. it is a mess, a train

wreck. i will say, it is still a political battle, it want caution republicans, do not get over confident, i think that president trump has momentum nationaly but we could lose it, do not take it for granted, swing states are within a couple of points, i tell you my race in texas is a very, very real race, chuck schumer has been explicit i am his number one tar target in country democrats spending over 100 million trying to beat me, schumer and soros are flooding cash to state of texas we have a poll come out a one point race, just today, we had a poll in my senate race showed it tied, a tie, i will say to your viewers, i need your help, i want to disow-- ask you to go to tedcruz.org we need help we getting pummeled by millions of dollars of

attack ads designed to be deceptive, kamala harris and my left king opponent collin allred, they are open border radicals, collin allred voted 100% with nancy pelosi and with kamala harris. and yet just like kamala harris, collin allred is running tv a ads trying to cover-up his record the and presented suddenly he supports a border wall, this is dishonest and dangerous and why yourself viewers go to tedcruz.org, we're at stage if you get a hundred bucks today that money will be deployed on television by tomorrow, if we get our message out to texans we'll win, if we're not heard there is a real risk we lose. >> what is the biggest issue in your race senator? is it border is it failures of this administration or kamala what is single biggest issue.

>> the open border, that is endangering our families and children we're being invaded. venezuelan gangs breaking into a woman's home in dallas, tying her up and pistol whipping her, in houston, texas, kidnapping, raine rape and murdering a beautiful 12-year-old girl this is kamala harris and collin allred's open borders, as said when trump is president against we are back we'll fix it we did it before, we do it again. larry: i think so. she broke it, he will fix it, you have a good track record took good luck on campaign trail, sir, appreciate it. >> thank you. larry: coming up on c kudlow elon musk wants to cut two trillion from budget with his new doge, department of government

efficiency, i like that. a venetian sound to it we'll talk about it with breitbart's john carney, and david malpass, right here on sit, when kudlow returns, i voted today. i voted early. yes. in connecticut, i'm not telling you where, but i did. i'm kudlow we'll be right back. meet the traveling trio. the thrill seeker. the soul searcher. and - ahoy! it's the explorer! each helping to protect their money with chase.

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it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity.

less lag, better gaming! i'm gonna need to charge you for three people. >> how much do you think we can rip out of this wasted 6.5 trillion dollar harris-ed biden budget. >> i think at least two trillion, we're getting the government off your back, out of your pocketbook, america will not just be great but reach height its has never seen before,

future is going to be amazing! larry: elon musk pretty darn amazing that was howard lutnick meeting him the line and elon tuck off with it, doge is the new word. now like -- i guess like doge palace in venice. i believe i visited there once or twice. but it means department of government efficiency, joining us john carney, economic editor of breitbart news and david malpass, former president of world bank. welcome to the show. one thing that annoys me. elon musk is -- i have talked with howard lutnick about it, they talk back and forth about it, they will go for it you have front.

story. lead story in "wall street journal," today, once again. this time a fed watcher. does not know anything about fiscal policy, trump is in inflation we candidate, never once, to they talk about elon musk cutting spending, by the way selling assets something we have wanted to do for many years, uncle sam owns too many, how it would have along with tax cuts and deregulation, and energy. never okay tim rice, writes -- i don't know how many words 3 thousand words never, never mentioned, not just from garden rally, musk has been saying it for many weeks now. you would think that tim, and jou journal would go

to someone on trump side and talk about what elon musk wants to do. if you think i'm annoyed at that, i am, the worst phony garbage journalism, they pick two people who work for trump, they don't like the guy they come out against the him. >> look, elon musk i have seen the guy land a rocket back on the pad it took off from, if anyone can cut 2 trillion from the budget elon musk, can i like people say, no, it is impossible, that is what us elon musk does is the impossible, i say, go for it. larry: it came down, he docked it got it in -- the darndest thing, someone that smart, who can look at federal budget, and say we'll do t 2 trillion. >> and won't people when people tell him we can't cut, that he will start where we needed to start, zero budgeting. start over, see why what we can build up from, rather

than assuming that y you have to spend everything that you spend. larry: david malpass, after this tim article, it was sheer -- it is like total junk journalism. lower marginal tax rates are inflationary, and deregulation is suddenly inflationary, wait, and priducing more energy, that would lower costs is inflationary? what kind of crap is that. larry: what kind of non-- the worst kiej kind of journalism. >> i think that public is emotional about it, the government is way too big, you bright an article you have to talk about growth in economy, energy production. you have to talk about all of this parts of government that have excess spending stash. it has been for years and years and decades, one thing that is important to start the cuts or really offense

will be reductions in spending. harris, in the biden-harris budget they plan to add 4 t trillion dollars by 2034 the cbo from 6.5 trillion up to 10.3 trillion, in 2034. so there is a lot and a lot of excess in that you -- it is possible to cut, it should be cut. markets would help you, they are forward looking. as you start, one thing that i think will be important to do, is cut things that people outside of washington say, finally, i have been waiting for them, they have all this waste in my state, and they never touch it. at same time, helpful to have washington, d.c. -- >> look, yes. washington is not mad. but rest of country is very angry. you could mention for example something else. obligated authorizes but unspent, there is a lot of money they had so many huge

bills time talk -- they had the covid bill that was unnecessary, in 20 -- march of 20 sworn. 21. >> american rescue plan. larry: the chips bill, 50 billion to intel. they didn't need it that was a 280 billion dollar bill, those moneys have not been spent, d.e.i. requirements alone could be cutback, that say point. the other thing, the inflation reduction act that money is largely that was obligated but never spent, you would think they "wall street journal" journal reporter. would go after those kinds of details to inform the viewer. >> first, americans are tired much hear trump that policies will be inflationary they said it in 2016, we had very low inflation, throughout the trump presidency. they never warned about

biden inflation. larry: really. >> why would anyone listen to them, you say about money is important, anyone who picks up a local newspaper can see they are racing to spend money to take advantage the subsidies, we're spending money that no one thinks they can see the waste right in their hometown. >> think between now and -- >> any goofy paper. un, even the ones that refuse to endorse donald trump. could see it. okay. the red start pre prtribune of minneapolis i am sorry david. >> at end of year think how much they could save. because of that point john made, they are trying to push money out of door right now. larry: can i -- i am growing weary too. we know -- hang on, we quote, know, that if mr. trump deports illegal immigrants, it will jack up wages and inflation.

a terrible policy. despite fact that whole country, i don't know what -- 60% what deportations. >> 80. larry: 80, have it your way. let me get it, sometimes you have to have laboratory experiment. let's take last few years. okay, so pick a number, 10, 12 million illegals came across, 15 million, you want 15, i will give you 15. what did inflation do up or down. >> way up. larry: oh, no -- it can't, you know it you cutback on illegal immigration that is inflationary, wait we had huge inflation plus 20%, 6% of annual rate, 9% of peak and let in 15 million illegals, just simple, laboratory -- here is what happened. okay? now, tim does not bother to walk through those numbers either. >> look at what people are most upset about, housing and food. guess what happens when you bring in extra 10 million

people in to u.s. >> oh, wait a minute. >> a huge demand for housing and food. american crop output does not just grow instantly, because you brought in 10 million people, kamala said she wanting to build 3 million more houses, her immigration plans would bring in twice that many people. so it will provide no relief. of course, immigration -- >> david malpass i don't want you to feel lift out. trump wants easy money, that is causing inflation, trump said several times in this campaign, i would like to weigh in but i'm not dictating or mandate. how is that -- and he also said he wants to keep dollar as word reserve currency. >> they dodged that point, reality is if we had better policies we could have lower rates at the short end of the curve, one of the

problem is treasuries, borrowing so much everyone day it pushes up rates, i think fine to say we want lower rates but let's get there through growth that is what think -- what happened with -- your opening was about reagan, he started with what was called, tight money. but he ended up with rates coming way down, and so, that we can aspire to, and i think it is within reach, you have to dispa start with production and out tut put of the economy, get it moving, regulation is a critical problem, they are blocking energy,. larry: you know. laffer said it best, if you have. >> he always because. larry: you have two apples and $10, you increase supply of apples what happens to price of apples, why is this so hard to figure out. >> disinflation. >> dollar is going up if trump is elected it will create more demand for dollar assets.

larry: it problem well. >> inch in wor -- it problem well. >> thank you very much. >> on kudlow, president trump's powerful electric closing statement, it was hurd nationwide. my suspicion it was hurd around the world, just not "wall street journal"'s tim, we have katie pavlich, caroline downey and roma doravi on set, i voted today, i am pleased with myself. your to-do list can be...a lot. ♪♪ super helpful. ♪♪ [ cheering ] what are invoices? progressive makes it easy to see if you can save money with a commercial auto quote online so you can get back to all your other to-dos. absolutely not. get a quote at progressivecommercial.com.

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a -- vote for donald trump is a vote for economic prosperity and opportunity for every single one of us as americans. >> all right very powerful stuff, joining us now katie pavlich, and caroline downey, fox fox news contributor and roma dar daravi, ladies thank you, you were all there we can get our eyewitness. but katie, i thought this is a national speech, it was televised. it i thought what you had is a compilation of the closing arguments, you had democrats, and republicans, and you had foreign -- elon musk was a big progressive. you see where he is now, you had mr. trump talking about how kamala harris broke it, he will fix it. are you better off than.

a closing argument. >> and former first lady, melania came on stage, i were surprised. and it was a certainly a closing argument bringing people together. a big theme of night was president trump wants to unify the nation, you looked around last night that is what y you saw, saw a bunch of people, thousands of them in and outside including people who waited in line for hours, they could not get it they went to area bars and demanded that the rally be shown on the tv, there was football on. they were having so much fun it was a joyful good time, music, art on stage, great hot dogs there at madison square garden. larry: anyway. roma, democrats, msnbc bringing hitler and fascism,

hour. times have clintons been at madison square garden, bill melugin was nominated there, t-- bill clinton was nominated there and they forgot to men 10 should, madison square garden has been used by everyone, they are making it a furor event. >> they are, and the reason they are doing that is because madison square garden means so much to president trump, this is his stay, these are his people and as katie said, there were people from all walkings of life there. of course, the first thing that media will do is try to tell you that this is something crazy white supremacy event, all it takings it your own eyes to see diversity on and off the stage is what truly represents this country. and that is what president trump's campaign has been doing since the beginning, i'll point out one thing, the enthusiasm, is at an all-time high, i worked in new york city in trump tower

in 2016, for president trump, and that campaign was len dear, bringing in country together, like we have never seen before. and what we saw last night, in new york city, at madison square garden, was even better. larry: caroline, you know to what ladies are saying i'm -- i have a little list it goes more or less. >> a little list. larry: bronx rally, al smith dinner, barber shops, extra salt on mcdonald's fries, and now madison square garden. >> this is candidate of fun. larry: right, my point is, these are brilliant campaign stops well executed with candidate who is well executed and having fun doing it. kamala harris has nothing. >> right. larry: near to this to match, nothing, even remotely close. >> unlike kamala harris who has to rely on stumping or performances from beyo

beyonce or lack there of, trump is the celebrity, there is no doubt in my mind that kamala harris vehicle galvanized the crowd like that there were so many varieties of -- this is worst nazi rally have seen because of how much diversity there was, brought 3 russian-american jews from brooklyn, including my friend a mother, yesterday was 50 anniversary to day of her flees soviet union. he himself my friend wore a maga hat, written in yiddish, this characterization of trump's rallies and celebration of america as nazi gatherings are fall and egregiously wrong. >> i want to add to that for a party accusing donald trump and republicans of

nazism because they are falling behind in polls, they have endorsed a pro-hamas, pro-terrorism, anti-semitism, nazism by engaging in campus protests and endorsing pro palestinian move. s harassing jewish americans in their neighborhood, they have nerve to say, madison square garden, there is a diversity of people, espersespecially orthodox jews there, holding up signs saying jews for trump. it is really despicable when they are saying. larry: some prominent muslim americans from michigan, have endorsed trump. >> right. larry: just happened. in don't know of if it got the play it should have happen. it is important. i saw some poll he was leading in some of the communities, i don't think polls are not votes but

whatever. early voting roma, i am proud of myself, i voted in connecticut. question is, if republicans learning to vote, early, are they 11i learning to harvest early, you can play golf saturday and vote during the week fr from 6 -- 10 to 6 most of the states. >> it is great, president trump has been very clear with his supporters. larry: he made a big pitch last night, he spent a lot of time. >> you need to vote. you look add y jumbotron in middle of the arena it said vote early, time and gain, it special to do that, people are looking at pennsylvania we're way ahead. versus any other election republicans voting early we may not be beating democrats in the state just yet but we're beating ourselveses in history away that we're

turning out. and it will make a difference, we still have 9 days until the election, tomorrow, is actually last day you can vote early in person in pennsylvania, if anyone lives in pennsylvania, get out tomorrow. larry: i'll vote a second time, i'll go to pennsylvania. >> you can't do that? i'm sorry, hold me back. katie pavlich, caroline downey, and roma dar ave ddaravi thank you. >> tom emmer will be here. i'm kudlow we'll be right back. ♪(voya)♪ there are some things that work better together. like your workplace benefits and retirement savings. voya helps you choose the right amounts without over or under investing. so you can feel confident in your financial choices voya, well planned,

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it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. >> america first, includes all americans. regardless of race, gender, or sexual orientation, our message to black-americans tonight is we want you, what we want for every american. safe neighborhoods, good jobs, sc screen -- clean streets a country where you are judgedth beat based

on ton tanon con discontext of your character. larry: talking more politics kevin kramer, north dakota senator and tom emmer from great state of minnesota. i have been tieing to ask you, since we had pete hegseth on the other night, i know minneapolis or minnesota r red star tribune. they would not endorse tim walz who is so ticket as vice president. did they endorse tom emmer? >> tom emmer does not ask for it, if they gave me an endorsement my voters would be asking what i'm doing wrong. larry: i get it follow-up. tom emmer, how is mr. trump doing out in -- i'll ask you about minnesota. yyou are in midwest. michigan, wisconsin, let's go to pennsylvania.

we're talking politics. the madison square garden event last night was tremendous nationally televised you know wrap up statement by mr. trump and his team. how are they doing in the industrial states? >> they are doing great, not only you talked about early voting in pennsylvania, but pennsylvania they look strong, michigan they look strong, georgia they l look strong, minnesota is a bubble kit, just off that bubble only state that didn't turn red in 1980 with ronald reagan, i don't know if you saw today a poll came out in minnesota, that is now close to within 2. 6%. margin of error 2.4 it is right there. larry: interesting, senator kevin kramer. to what vivek ramaswamy said this. event madison square garden like new republican coalition.

massive, and multiethnic, not just based on race, i.d. or gender i.d. or ethnic i.d., it is based on results, in this case, i think trump was spot on. you know, kamala harris broke it, he will fix it peal do not want a second term of biden-harris which would be worth -- no results in second term there. i think that is a good thing. kamala broke it trump will fix it. >> i think it say brilliant theme, it is true, people know it is true it reflects their experience over last 8 years, that has been donald trump'sed on vantage, i had a friend from minnesota in college who said, you can't pepee down my back and convince me it is raining, they have been doing that. >> hugh effective was this

thing yesterday. tom emmer, you were there we lost kevin we'll get him back, tom, you were there yesterday. msnbc tries to make fun of it talking about nazism, bill clinton was nominated there in madison square garden, we had any number of evens with clintons in madison square garden. so all that stuff is a lot of garbage. not going to work. but, as you were there, i know it was a hot and vibe of the good, how effective will it be. it is just seems one more big event. you know al smith dinner and going to bronx and butler, pennsylvania, this struck me, one more thing, launching right through to next tuesday. >> this was biggest event, the reason they are spinning against it, because it was

so effective, you had over 100,000 people that donald trump brought to blue new york city, you had madison square garden completely full, un, what donald trump did not need to advertise beyonce to get people to show up, they came for his message. i'll tell you his message of -- an economy that works for everyone and a message of secure border and crime under control, and message about peace and stability around the globe that is what americans want to hear, that is what they are dying for. in kevin is right, they remember. they remember the world under donald trump, and first administration, the best economy safe and secure communities, world that was under control. now, what they have, it is an ease choice, i think that donald trump, put on a great show last night. larry: he did, he spoke well, c kevin cramer we'll have you back, we'll have you back, tom

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