larry: hello, folks. welcome to kudlow, i'm l arry kudlow. so, dhs secretary kristi

noem joined the dramatic i.c.e. deportation raids in new york city of course that was this morning. here is what she told her staff. >> mission is big, and vast, i know you approach it with seriousness in the day in age we live in requires, know i am committed to fulfilling our mission with you and walking along side you as you do your work every day that make sure not only do you acome b arkansaswe leave this country safer for our kids and grand kids. >> very good message. ememily compagno weighing in on the story right here on set. and pennsylvania new senator dave mccormack will tell us how we can beat russia, fox news aishah hasnie live in doral, florida, she

continues to get the choice assignment in flood sunshine, go ahead, tell us how difficult it is to be in florida. reporter: i am a very lucky girl, thank you very much, it gorgeous. we're making news, house ar-- house republican leadership pushing message of unity, president trump wantwants to unite the conference. that message not really being received by every single house g.o.p. conference member, i talking with congressman chip roy who not here, about why he is skipping this. >> if you are asking me to spend money to sit in a resorts rather than our damn job in washington. with a plan we put forward while you have no plan? we have presented a plan, leadership said we don't have votes for that show me that. reporter: so house freedom

caucus offered two bill plan to acome plir arto okay accomplish president trump's goals last night president trump said he is open to one or two bills, vice president jd vance spoke today, to g.o.p. conference. and ralph norman told us he wants to be here, in doral, because trump and vance were speaking and being at florida resort with palm trees and sunshine will put pressure on house republicans to go back and do their job. >> runway it short. now, fact that on a resort like this, putting pressure on us next week we'll be in dc, we have the conferences, we will have the discussions, but it will be pen and paper. reporter: everyone has been asking when it is pros start -- process going to start

you will see action next week, i am told house budget committee, will take actions to pass the budget regular next week that will be first step kickoff recan recanre-- reconciliation process. larry: aishah hasnie thank you. >> we'll have more on that with house majority whip tom emmers and lisa mcclain. later on. >> president trump is going to be a major league budget cutter that is the story of the riff. so, trump's omb, office of member am and budget order, shows he is serious about cutting spending, it is doge on steroids, omb put out a circular that orders all executive departments and agencies to freeze all federal grants, loans,

credits and subsidies that are con consistent with president trump's executive order, that includes foreign aid, diversity, equity and inclusion inclusion money, and the again new deal. -- green new deal, the spending freeze will negate the entirety of the misnamed inflation reduction act. which was notion more than a lift wing slush fund to put joe biden's corporate cronies, that was prepriced to total over 1 trillion dollars. and unpopular mandates and grands and c credit to buy luxury cars, enraged americans who wanted free choice to buy whatever they want. there will be more of administration's will look at once all key players are in place. for example, "wall street

journal" editorial, the great biden welfare blowout, makes case that the g.o.p. should do back to prepandemic spending, on medicaid, and food stamps, snap. now today, there are about 10 million moment people to medicaid than there were before covid. federal and state spi -- spending to together grown by 60% to 963 billion. that is 963 billion dollars, that is bigger than the defense budget. also biden officials waived work requirements for able bodied adults for all welfare programs including medicaid and snap and food stamps and others, likely president trump will restore incentives to work for the able body, even while he can protect social safety net for those who are truly in

need, there is still more on this the budget cutting front. again to journal, civil service reform act of 1978, stay with me, allows the president to redesignate jobs if they involve policymaking at and level. this could apply to over 50,000 federal employees. already mr. trump frozen hiring across board, including contractors, and he ordered agency to submit plans to cut their staff, i believe mr. trump will restore executive impoundment authority that would enable him to revoke programs that may have been approachiaiate -- appropriated but remain unspent there are huge potential savings to that.

over 200 years. unnecessary. so, when you look at president's economic policy a tax cuts, deregulation, drill, baby, drill, tariff diplomacy, add major league federal budget and workforce reductions. this package is absolutely counter inflationary. even while it can spawn the blue collar boom that is the riff. i have big crowd hire. wow, big crowd, they are all critiquing it. we begin fabulous sandra smith, to taylor riggs. and great john carney, breitbart economics and finance editor. coauthor of brightbart, digest. sandra smith. >> i feel inspired by that riff. larry: really. >> the take away is less

spending, interesting, there is a moment in sunday show or whatever, interview with jd vance over the weekend, that everyone said, gosh, you know, he did a fabulous job, handling some questions, that otherwise i don't know they were appropriately asked, we won't get into details. but there a question he got about what executive order did he sign day one to bring prices down, he answered it fine, but it was cutting spending. the bottom line. larry: he could have used my riff. >> that is the answer. >> when? it is cutting spending, that is what needs to happen to have prices come down, and have inflation tame bottom line. larry: and taylor, he will take, riffs. but not my kind of riff. a new riff.

reduction enforce. >> woe. >> governmental bureaucratic name that i learned for all my years on taxpayer dole in the white house. really this is you know this "wall street journal" thing, very important. civil service reform act. whatever level you are, you could be secretary, deputy under assistance, you could be middle level but reclassified as policymaker, and if mr. trump does not like your policymaker ness he could fire you that is big. >> sounds like the omb memo you were talking about, basically, what i like about this everything is up for preview. every -- for review, it is on the chopping block we're pausing to evacuate our options, we see what policies are spent money that we like and that have a ton of money that we don't, then we get to review, i like the pause, it tops

bleeding -- it stops the bleeding, then we can figure out how to move forward, a funny headline, cities from new york to san francisco up in arms because some states get 30% of budget prowashington, and they don't know what to do, not permanent this say pause. to figure out the lay of the land to fix of spending problem. larry: and -- >> get to root problem. larry: the root problem are deficits over spending of the debt. i think that americans know that, politics don't know that. president trump knows it. he is going after the swamp, you know. swamp is this workforce thing. and he can reclassify them as scheduled fs, civil service fact that was passed in carter years. but, over 50,000 federal jobs, john, i understand to add impound ment issue, official washington swamp

land dud not -- does not like impoundment. a far left congress took it away from nixon had his worst moments in 19 74, but budget cutting tough stuff. >> it is an antiinflationary. >> there you go. >> federal workers do not add goods and services to economy but they consume it, by forcing people out of federal government to private sector we'll add to supply of goods and surveys without adding to demand, they will have to find productive jobs to be good for us, good for them, because they are sitting around in jobs they never go, to do no work do not add any productive goods or services, donald trump -- i guarantee, even greater than 50 thousand. the amount of d.e.i. policy

makers in united states government right now, it is huge. you can classify them as policymakers, donald trump can get rid of of single one of them. >> i am getting in here, karoline leavitt. >> deepseek but about ahead. >> if you receive individual assistant you will continue to receive it on funding freeze. larry: he is not going --ing -- >> pause includes -- >> it may. >> it could. larry: bidens put that money out, and took away the work requirements, which were actually put in a very long ago, will say 30 years during the clinton newt gingrich years, what happened? people had to go back to work, if they were able bodied, they had to go back to work.

millions of people did, economy was soaring. >> run it like a business. larry: all right. taylor just a moment. deepseek. i'm doing it on front page. i happen to think people are overly obsessing about this. moreover i do not believe the thing that chinese government says. taylor, i want to bias your response. >> i have some mixed thoughts, i understand people say china uses more chips than we were told, they st stole the algorithm from open a.i., and a uses higher performance chips, that said i do like what president said this puts us on notice, we're not guaranteed in be number one in a.i. no matter what, we cannot left on yesterday's laurels, we need

to innovate, they are not that far behind. i remember open a.i. executives saying we talked about how china was years away. they might only be months behind. i agree that maybe china has not come' with deepseek this product that a quarter of cost and everyone in u.s. is overvalued z and over spending this puts us on notice, that we need to be very careful with a.i., and innovate, and a pro business administration, and we need to support entrepreneurs to make sure that we don't fall behind to china. larry: i agree. a grit riff. -- great riff, i don't know whether they spent 5 million or not, our big hitters, in paper today, microsoft, meta, openai, all prepares to spend a lot more money. >> that is why you had sell-off. larry: today market came

back, nvidia lost 17% yesterday, today they bounced back, sanctions will be applied. i don't want to obsess about it you are here, i wanted you to talk about it. t. >> thank you. >> some door men in my building are talking about it. >> that is the problem. >> everyone owns a little bit of nvidia, this will provide armament to critics of st st trump administration who do lose -- they want to undermine support for building it here in u.s. with high costs, that is where they are going with this. larry: we don't know --

>> we'll switch gears, on a role. stay wa that way. donald trump's tariff diplomacy, with colombia is apocraphal i will say he told them to pound sand, drive% tariffs tomorrow, 50% tariff the day after. we could go to 100%. what did he do, he folded what is the lesson we are learning from trump vs colombia. >> what we have been talking about for over a year, trump looking at tariffs as a way of negotiating u.s.'s market power with the rest of the world. that when trump said we'll have a 25% tariff, rest of the world wakes up and says i don't want that, what do

you have to do, it took hours, that is what is happening, the rest of the world saw it happen and american businesses saw that. they are not running in fear. they will say, good, that country will start to behave better. larry: sandra smithed. you think that the president of mexico was watching the colombia. >> do you think? i think this goes to your message of put them all on notice, a strong message and successful he was able to operate in real time for the world to watch, people saw what happened, and they think if they mess around they will get messed around with, it showed effective negotiating strategy that this president promised american voted ires, this is what they wanted. larry: a lesson learned for d canada we have pictures of google maps.

gulf of america. mount mckinley is restored. we don't have pictures? i thought we did. >> ap came out said they are not changing. >> still calls things by their names they gave up 30 years ago. i will say, this is important, name mexico did not come from a aztecs, it was named by p spaniards. aztecs did not have a name for the gulf of mexico, if trump is renaming it, he is not taking it away from a native population, saying, it our gulf. we should call it gulf of america. >> we will soon. larry: there it is. >> okay. >> still gulf of mexico. larry: i heard this morning

google made that decision. >> will you change. >> senior vice president. >> gulf of triborough? >> the bridge. >> sandra smith, scott bessent was confirmed yesterday. >> i think it is taking shape, i think that this is a good choice. on part of president trump. i think this all feeds into a grandmaster economy plan thats -- goal that we can root on here in america is that business friendly environment. i hope that we see, that cost-cutting, regulations, rolling back, i think he is part of that inter equation, and i think you know, there is prosperous times to potentially come. larry: like that. agree 100%. i have supported scott whole year, he is a shrewd market guy. >> smart guy. >> what we need, after what

we talked about after what janet yellen has done. scott bessent is smarter than that, he cut his chops and currencies, he knows this market, he knows how to calm it. he is the smartest person in the room. larry: he cut his chops on currency, i love that. >> i do what i can. >> what a crowd. john carney, taylor riggs and sandra smith, you can catch sandra on america reports and catch taylor with her co-host brian brenberg and jackie deangelis and dagen mcdowell on the big money show noon to 2 p.m. east everyone, right here on fox business. and read john carney any old time you want. >> yea! coming up, thanks to you. >> fabulous. >> coming up how can donald trump use his energy dominance agenda to beat

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larry: how can president trump use his energy

dominance agenda to beat russia? joining us now, pennsylvania senator dave mccormack. a long time friend. senator mccormack. very good article from the atlantic whenever they are called atlantic think tank. we will to beat russia, we want europe to use our natural gas lng . you know about this your state i think is richest natural gas state, it president trump agenda now opening up lng exports again that biden closed. he is permitting lng projects, it is enough? enough and what are your you know people, lng telling you from pennsylvania? >> a huge opportunity, good to be with you, president

trump and i campaigns on energy dominance, nothing economy more important to america's national security to export our natural gas and other fossil fuels. to our economy and pennsylvania, they are great paying jobs, nothing is more important to the environment that natural gas replaces some cold fire plants in places like india and china, the eo that president did allow us to produce regulations and have permitting reform and move forward in pennsylvania, we need to get pipelines and have an lngexport facility and get beautiful clean natural gas around the world, with the growth of a.i. there will be a tripling of energy demand, pennsylvania should be at the intersection of energy and a.i. big data centers, there is a huge opportunity. i have talked with president trump about and. we will have a big energy

summit in pennsylvania to talk about a.i. and energy, it is the future. larry: you need to talk 'europe, united states should have europe as our best customer or differently, europe should have u.s. lng product as best customer, so they won't go back to russia, and that in turn, you know this, you are a veteran, a decorated veteran, that will weaken russia. because if they can't sell -- >> 100%. larry: a one horse economy, oil and gas. but the export of lng creates jobs at home, but we need europe to use american natural gas stay off of -- wean them off of russia. >> 100%, i believe putin would not have invaded ukraine you were president trump, part of season that president trump did not

supply nord stream 2 pipeline and biden did. -- that is why america through natural gas needs tto export it. it would be a straight shot to europe, it is critical for europe's security to have a support of pennsylvania, and american energy. larry: terrific. one other thing, senator mccormack, i love that sound. i know you were not at hearing there was a senate hearing today on panama and panama canal. what are -- i know -- i think i know that president trump, he has not spelled it out. what is david mccormack want to do what do other senators on foreign a -- relations top do, we can't allow china to run the whole thing. >> what president trump has

done, he has changed conversation about promoting american interest abroad, protecting us from china's aggression, and assuring we have resources we need, that is greenland and panama. we hear him talk about it you look at what happened had with panama away u.s. naval vessels are charged, chinese control of canal that is counter to our interest, i'm not sure what final deal will look like, i am sure america's interest with panama will be improved to where they were under joe biden, i think that is what president trump is doing, fighfighting for american interest in world. larry: terrific senator dave mccormack from great state of pennsylvania thank you so much. >> thank you. larry: coming up on kudlow, donald trump stepping up his deportation of illegals and criminals, and dhs secretary kristi noem joined the raids in new york city this morning we talk about it

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larry: donald trump stepping up his deporting of illegals and criminals, dhs secretary kristi noem joined in the raids in new york city this morning, joining me now emily compagno co-host of out numbers on fox news, author of under his wings. it is interesting to me, how fast this is developing. numbers are good, 7300 deportations in trump's first week. over a thousand per day. under biden last year, when he got some religion there were op y there 300. what coyou mak-- only 300. >> what do you make of it. >> historic impact, 94 point plus% decrease in illegal border crossings. this working for the message

it sending. the other message that sending is that this was well thought out, well prepared for and organized. this is not just some immediate, we're benefits from people who are holding the decision makes capacities, and execution position this benefit from decade worth of experience. larry: that is -- y referring to tom homan 'others, he is v very good, he is a good communicator in his open way, he is an old-time guy, he has been fighting for how many decades, easy for him to roll up his is lives get stuff done, i.c.e. raid arrests over 3500 in trump's first week. >> one of which was convicted for setting fire

to and murdering his wife in front of other members of family, show is not long enough to detail recidivist criminal histories of these individuals and horrific allegations they have been charged with. you hear in this mainstream media and hollywood sobbing, over this. you can make two points to them, where were their tears during prior 4 years, when women and children were disproportionately murdered, raped and affected by lax border policies and where you you crying from vice president biden and president biden deported illegal i immigrants, for majority of americans, the 77 million that voted forever trump, they say thank you, and they feel a little bit more fry in their own home cities and their dollars are going further. larry: and just to throw sanctuary city defense, has been blown up.

federal what you super sized local law -- superceded local law. in new york we did it that was the heart of it. let's see, more than a dozen of former special council jack smith's lawyers in justice department, were fired. as a nonlawyer, say elections have consequences. >> i will say participation in certain cases have consequences. as an attorney and former ap federal attorney, i don't know any client who would prefer a conflict of interest their attorney helped. for the com commander, and -- i am not sure they are hanging it to closing that pr particular boss' orders, they have been given those and plumb options for

assignment, they have chosen to turn down there needs to be a reckoning that many of them participates in questionable activities that underlying p pin for this rash of term nation. larry: there were constitutional illegalities for what they did, trump has every reason to fire them. shed no tears for this. >> that is why there is a core larry investigation with this. not just step one, term naterminating then ups there is san investigation into the questionable activities. if i were american people i would be be grateful. call it a p. elecwelcome to the real world,. larry: emily compagno, best of the best. thank you. >> >> thank you. larry: out numbered with

harris faulkner, and kayleigh mcenany weekdays 12 p.m. eastern on t fox news, i have shown up there a couple times. >> straight to i guess doral, florida, lisa mcclain. house majority whip tom emmer thank you, both, i appreciate it. i want to play tape from one thing that president trump said last evening, take a listen. >> if they don't make their product in america, then they should have to pay a tariff that will bring in trillions to our treasury from country that never paid us 10 cents time for united states to return to system that made us richer and more powerful than before, instead of taxing our citizens to enrich foreign nations we have tariff and dac foreign nations to enrich or citizens.

larry: not the tape i thought, but that is the tariff tape. i want to ask you, m.s. mcclain were and you priced his tariff statements. steel, aluminum copper, a baseline of 10%? >> i wasn't surprised. president trump has been on campaign trail now he is in office. and different from previous president, he -- president trump tells you what he will do, and his actions actually match his words, i was not surprised. larry: you know, tom emmer, it is interesting, i happen to favor baseline tariff. wall street is crazed to about. i happen to favor baseline tariff. a 15% baseline tariff, tin could be 15.

-- 10 could be 15, could finance a 50% corporate tax -- how about that? that would be cool. maybe even throw in a 15% capital gains tax cut. as my friends steve forbes has been pushing. there is a certain consistency to this, you know. tax them, will give to do -- tax cuts here. >> i will agree with lisa. president talked about this throughout his campaign, now he is in office, high will move forward with this, we have to start looking at things differently. just because we have been doing something a certain way does not mean it has been right, this president has pointed out to all of america, which i think we fime felt and knew we have not been treated fairly in the wor world, we have been giving away our

market to the world with getting nothing in return, donald trump is tired of, that he is part of his america first policy. larry: he made a strong statement with the president of colombia, tariff diplomacy is important weapon. now, we were playing a different tape. mr. trump, i'm also eager to get to work with congress on largest package of tax cuts and reforms, in american history. we have to get that done. we don't want to get hung up on the budget process. whether one bill or two, i don't care. now, i was not so happy about that line. i have been advocating, as you know, one bill beautiful bill. i really think that is what president trump wants. i know that is what speaker johnson would like.

lisa mcclain, one bill or two? i don't think it would advance the ball much, what has come out of this conference? where are you on this subject? >> well i think if you go to last night, point president trump was prying to make is -- trying to make, i just want to deliver results for the american people. he is giving the house, and senate latitude to do whatever we need to do to get the results for the americans that actually put not only him but all of us this office acc. house is stro strong on one bill, at end of the day it result that matters. larry: tom emmer, you have a bottom resolution coming up, you can do did -- you have a budget resolution coming up

you can do it, justi extending the tax cuts. >> you are right. i am the whip, you tell me it is one bill, we'll pass that you tell me two wild two -- we'll pass, that our speaker made this clear we go one bill, we come back to congress, they will markup resolution, people should not over think it, stick with their aggressive plan to have reconciliation done with tax extensions by end of march to vote on it in house in first half of april. we do, that american public will be very pleased. donald trump will have delivered. what he campaigned on. larry: mr. emmer that is one big beautiful riff. in favor of one big beautiful bill. lisa mcclain onboard, thank you both for coming

on, we appreciate it. >> thank you. larry: we'll take a break, exand coming up no more foreforeign aid we talk about it with brand m new state department spokesperson, named tammy bruce, next up on kudlow.

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larry: joining us now, an old friend, tammy bruce who is the newly appointed state department spokesperson. how about those apples? tammy great to see you. as i know it, you will be on the trip secretary of state rubeorubio going to panama, this is a big deal. what is happening, a read out on this? >> well, it is actually panama, great country but many, panama, el salvador, costcosta rica, guatemala and d dominican republic there are many reissues there are top line issues that people are aware of this about a visit regarding economic

prosperity, nature of y how our nations can work together, we have the supply chain issues, and manufacturing, the issue of trans national criminal gangs, certainly immigration. but this is now a day and a time where working with these countries, the -- our neighbors in our interest, but in a larges are context with issues that are relevant. larry: tammy, is he going -- i know secretary of state well, i have been a big admirer, will he lay down the law with respect to the canal and china, and tolls. you know. >> part of this trip is about countering china, how to strengthen our relationship with the other nations that will be discussed, but not about laying down any law, this is an issue about developing

relationship not about bossing people around or other nations, but making it clear, that a partnership with united states, is something that they can trust, that comes with benefits, just like any good relationship does. all of those issues we know what issues are so do they. we're coming secretary of state rubio is entering this new framework, for this country, and for theirs, this san issue -- is an issue about working together, for prosperity of our nation and theirs, his theme is what we're doing making america stronger, and safer and mere prosperous. >> all right, i wish him luck, give my best to the secretary. and congratulations on our position. and. >> thank you. larry: i think thanks have to be made in panama canal we'll see how the trip. >> possibly. >> thank you very much. >> thank you. >> i'll be right back with my last word.

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larry: that's it for kudlow, thanks for watching, folks. (dramatic music) - [narrator] in 1918, henry ford calls the press for a shocking announcement. - today is a monumental day, gentlemen. i'm sure you're all wondering why we're gathered here,