be up very soon is. i mean, you know, he said -- he gave it on january 20th. i mean, it's not quite february 20th, but, you know, this thing is counting down, and that's not a long time to do a deal. put me in the camp that i think this thing goes dark the at some point. i just don't think anybody wants it. everybody who wanted -- like, the hassle of doing it is just -- liz: okay. >> -- i don't know, i'd rather eat my hat. eat, eat the hat. eat, eat, the hat. liz: charlie, don't laugh. i've got the barbecue sauce and the hat. you're going to eat it. that'll do it for us. here go the market bells, and we look to see the s&p too close to call, but it is the not a record at least at the moment. dow down 164, nasdaq up 82. we will see -- ♪ larry: hello, folks. welcome to "kudlow."

i'm larry kudlow. so so, roses are red, violates are blue. -- violets are blue, it's valentine's day, and president trump and tom homan have a nice message for you. whew, got that out. tomi lahren's here, caroline downey's here, lisa boothe is here. believe me, we'll pull it together. happy valentine's day to new agriculture secretary, by dear friend brooke rollins, as we interview her. but first, sheriff pam bondi makes new york great again, and that's the subject of the riff. ♪ larry: so after just a couple days being sworn in as attorney general, pam bondi's laying the law down especially on illegal immigration. and especially on illegal immigration many if new york. in new york. and all new yorkers in the city and the suburbs and upstate should be cheering her for making the empire state a safer and more decent place to to live. here is what she had to say.

>> this is a new doj, and we are taking steps to protect americans, american citizens and and angel moms. new york has chosen to prioritize illegal aliens over american citizens. it stops, it stops today. as you know, we sued illinois, and new york didn't listen. so now you're next. larry: boom. and our new sheriff bondi's going after something called the green light law in which allows illegal immigrants to to get driver's licenses and stops the dmv from telling i.c.e. about it. so general bondi sued state, sued new york state all the a way, all the trump derangement syndrome operatives including so-called a.g. letitia james and manhattan d.a. alvin bragg.

just for the heck of it, bondi threw in the dmv commissioner. the point here is the new trump justice department is busting through sanctuary cities and states left and right. bondi's already hit illinois, now he's going to hit new york and, of course, the far-left james bragg, left-wing, soviet-like cabal deserves everything they get for their attempted weaponization jihad against donald trump where they tried to throw him in jail for 7 to00 -- 700 years and bankrupt him. that was one of the greatest miscarriages of justice in history. now, whether a.g. bondi had that in mind, we'll never know. but bravo to her for correctly arguing that federal law supersedes state and local law. and giving tom homan and his i.c.e. brigade the right to capture and deport the murderers and rapists who have broken the law. there's no escape for them under the new trump-appointed

sheriffs, and these local yokel new york officials can wine as -- whine as much as they want, but the voters' tide has a turned against them. and then we come to the case of mayor eric add also a -- adams whose biggest crime during the biden years was to begin to cooperate with federal officials to stop the flood of illegals coming into the red apple. so the bidens weaponized him. a phony indictment from biden's justice department tried to lay him out basically for doing nothing more than taking a couple of first class airplane tickets and helping a foreign embassy get a faster repair job. so the trump-bondi justice department dropped the indictment against mayor adams, and now you have a couple of assistant u.s. attorneys screaming like banshees with highly visible resignation letters that the no one really cares about. lefty news outlets are telling us how brilliant these former prosecutors are.

but if they are, they're only book smart or pedigree smart. they are not street smart with my common sense at all a because with adams is cooperating with bondi and homan to get the illegals out of new york and and make new york safe again, even reopening an i.c.e. office on rikers island. you could say the new trump sheriffs are now weaponizing in favor of mayor adams so he can fight migrant crime and get rid of illegals. i'm calling this good weaponization. i'm calling it high moral ground weaponization. haw and order safety weaponization -- law and order safety weaponization. and because of his good works, democratic mayor eric adams is being mentioned as a possible republican mayor eric adams. how about that? stay tuned for more. and that's the riff. all right. we're going to talk about this

and more. joining us now on set, lisa a booth, republican strategist, fox abuse political analyst, tomi lahren, host of outkick's tomi lahren is fearless, and caroline downey, staff writer at the "national review." ladies, you honor me. thank you very much. ladies' night out. >> yes. friday night, valentine's day. [laughter] larry: i want to show you my if valentine's gift to you. let's run this baby. oh, here it comes. roses are red, violets are blue, come here illegally, and we'll deport you. [laughter] and this was put out on x by the white house today. so it's official. >> i mean, if that's not a love poem, what is? larry: the best i can do. without cooing any lines -- that. [laughter] >> the most romantic poem, yeah. larry: tomi? >> what a message does this send? i know it's funny, we laugh at it. it's a little valentine, right? but the most border czar kamala harris said is don't come. i'm going to address the root

causes. i'm going to go to guatemala for five minutes and address the root causes. nothing changed. donald trump is saying not only am i going to deport you, but i'm going to let the world know i love ya, but don't come here ill legally because tom homan is going to deport you. stay in your home country, do it the right way. i think that is, to your point, lisa, a love letter to the world. don't waste your money on smugglers, come here the right way. a. larry: it's the right love letter, no, no. just like i believe there's good and bad weaponization, and right now there's good weaponization helping eric adams -- whatever he may if believe n i have no idea. i mean, i know the guy a little bit. but the fact is he's playing ball with the new norths, the new sheriffs -- new authorities, pam bondi, tom homan, he's playing ball with them to rid new york of illegals and their crime. and i've got to give him credit for that a. >> and we've already seen the impact of the trump administration already. gotaways are down 93 % which is

a beautiful thing, but it's also depressing because we saw what the biden administration allowed, what they encouraged. criminals crossing over the borders. i believe in a small federal government. one of the primary roles is defense, keeping its citizens safe. and instead they ceded our borders and our country to terrorists, rapists, criminals, allowing them to come into the united states. and for what reason? yvette clark, democrat congresswoman, gave it away when she said she needed more migrants for redistricting purposes. haver march right. >> so the biden administration intentionally put our lives at risks for political purposes, for power. and this trump add administration has said my primary if objective is america first and protecting my citizens. larry: and, caroline, why shouldn't the president and his attorney general help out a local mayor who is trying to do the lord's work and the president's policy? if i mean, the case against eric adams was always so flimsy.

mine -- i mean, basically, took a couple plane tickets. fine. he got the turkish embassy repaired more quickly, fine. who caresesome out of all the things going on in this city, all the crimes and murders going on in this city, they're worried about that? asking some building inspectors to get moving faster? really many. >> he's guilty of a few airline upgrades. and to your point, larry, tom homan did suggest this was a quid pro quo -- larry: right. >> -- sort of a back door deal, but it's the good kind because rather than wielding reckless lawfare against the government -- against trump, i should say, and using, you know, the weapons of power to attack the president or when he wasn't even in office, this is honoring the will of the people to actually enforce border security and to prevent, you know, criminals like that who killed laken riley from being sheltered in new york city's hotels on taxpayer dime and then being transported across this country. this is all a very popular. and so as far as i'm concerned, if they're in, you know, a room

and they're making a deal like that, it's a good deal. larry: good deal. you know what i mean? it's a good deal. he may be corrupt, but he's our corrupt guy, whatever.. -- >> as long as he's keeping us safe. larry: i'm going to move on. the democrats' crisis of stupidity. first up, let's run a quick montage of famous democrats and their stupidity. here it comes. >> by definition, are we in a constitutional crisis? >> dangerously close to a constitutional a crisis. >> constitutional crisis. >> a constitutional crisis. >> it's a constitutional crisis. >> constitutional crisis. larry: terrific. now, i want to see you the -- show you the stupidity part with a brief poll, fox news poll. we're going to to show you independents and republicans versus democrats, marley the chuck schumer thing -- particularly the chuck schumer thing. can we run that, can we run that

video? >> i'm going to stand with you in this fight, and we will win! >> we will win! >> we will win! we will win! we will win! we will win! we -- >> will win. >> we won't rest! we won't rest! we won't rest! we won't rest! thank you, everybody. if. [inaudible conversations] larry: too much of chuck schumer in one show, one segment. [laughter] that was way too hard. tomi lahren, i'm going to go to you because those lines on down slope listening to senator schumer were independent lines and republican lines. and it just shows you how it was cratering, which is why i say there's not a constitutional crisis, there's a political stupidity crisis by the democratic party. >> if they want to continue though, far be it from us to interrupt their insanity. [laughter] listen, we've got midterms coming up in a couple of years. if this is what they want to do,

let 'em do it, right? i don't know who they're serving though, we will win against what? you're going to win more contracts and more frivolous spending and more bloat and more waste and more fraud? if that's what you're winning? for who? the democrat party hasen -- an issue with hard working americans, i assume most of us, and young men, oring right? you're not winning over hard working americans or young men with chuck schumer holding up coronas and guacamole or leading a chant that nobody else wanted to follow or sing ising and acting crazy or willing a trans-sanctuary city in worcester, massachusetts. none of that is translating to the groups they need to win back. they're simply talking to each other, and if they want to do it, let 'em sit in that very odd echo chamber all day long, and let us just laugh. larry: let's get one more. we've got karoline leavitt, the white house press secretary, on this whole issue of judges and unconstitution constitutional and other blather. here is ms. leavitt. >> the real constitutional

crisis is taking place within our judicial branch where district court judges in liberal districts across the country are abusing hair power to unilaterally -- their power to unilaterally block president trump's basic executive authority. from. larry: okay. so let's carve this up a little bit. caroline downey, going to to start with you on this. there's no constitutional issue here. the issue, it seems to me, is that a there's a budgets spending crisis, there's a deficit crisis, there's a debt crisis, there's an inflation crisis, there's a middle class and lower income working people's crisis. that's the crises. and democrats refuse to address them. that that's the way i read this. there's nothing to do with the constitution. democrats are standing for whom? for the unelected bureaucracy. >> absolutely. i find it ironic that democrats

are pearl clutching about the constitutional crisis, oh, trump's going to defy the courts. wait a minute, isn't this same party that demonized the supreme court as ill legitimate for the past four years? if illegitimate? i find that ridiculous. and it is true that trump cannot dissolve these agencies without congressional approval we all know that to be true. the impoundment power, that's a real thing that you can't necessarily violate. but it is absolutely the prerogative of the president to cancel ideological spending on reckless ends such is as usaid's, you know, frivolous spending and scandals and fema, as i said, funding an illegal alien shelter that ended up harboring criminal. and he can redistrict that -- redirect that funding to patriotic ends. right now we have a pause on a lot of these agencies. i don't expect them to be eliminated altogether without congress -- larry: one can only hope. >> but we can actually get more bang for our buck as a taxpayers.

larry: lisa boothe, this is not a legal question, this is a political question x. guess who's on the wrong side again? tomi's right, if they want to be stupid, let them be stupid. but it is important -- >> bingo -- [laughter] [laughter] right. no, no. but it is important to understand the issue. it has nothing to do with the constitution. >> but you know what it does have something to do -- one of the crazies, list to that, it's a corruption crisis. larry: ah, got it. right. >> that is what the democrats are truly -- larry: right, right. >> what we're going to find out over the next four years is we're going to uncover the depths of the corruption in our government. and when elon musk says, oh, we need to figure out how these government employees are getting so rich, you've got people like elizabeth warren making $174,000, yet she's a multimillionaire, maxine waters who during a house financial committee hearing the other day was saying, well, we don't know what they're going to find out about us who's been listed as one of the most corrupt members of congress multiple times.

or someone like nancy pelosi who, you know, larry -- larry: i actually do -- >> she somehow always manages to outperform the rest of the tock market and hedge funds -- larry: she's a brilliant investor. [laughter] yeah. whenever i went into her office as she was shaking us down for budget spending deals, she was poring over s&p tables and analyst profit forecasts. no, i'm just kidding. playing along with you. none of that nonsense ever happened. but i think it is an important point. i want to move move on to another issue, but it is an important point. this is about politics. it has nothing to do with the law or the constitution or anything like that. ask you're right, tomi, if they want to be stupid, we'll met them be stupid. it will go on for quite some time. okay. can we, tomi lahren, can we get rid of the education department? that's the mandate. linda mcmahon had her first testimony today on her confirmation hearing. can we get rid of it? >> i'm not sure. that's a logistical question.

however, exposing it and saying this department is supposed to exist to improve education, well, why we doing so poorly in education? if if the agency is not adding to that a goal, then maybe we need to reimagine -- you know how the left wants to reimagine policing? they need to reimagine the the education department. let's use their words against them. they want to cover up for failure, they want to cover up for those that are making money while failing, and elon musk and doge, he's the richest man in the world. he's not going to stand for that. and he's doing it on behalf of the american people. what a philanthropist. larry: you know, that reminds m- [laughter] a lot of people were calling him corrupt, like he was going to gain from this position he has. when you're worth $400 billion, how much more can you get? i mean, what do you think -- we're making him down. he's not shaking us down. finish he's got money. the u.s. budget is bankrupt. >> you know this game that they play, they accuse us of doing the things that they're doing. so when they label elon musk as

corrupt or, you know, that's they're -- that's what they're doing of they're worried about being exposed in all this. the beauty of what the trump administration is doing, particularly with doge, there are no sacred cows. and the only way you can actually cut government or reform government and reform spending is by having no sacred cows. far too often they're like, oh, we need to cut spending, but we need to save this program. but this, but that. and at the end of the day, you've cut nothing. you don't eliminate anything. i think the beauty of what they're doing, no to sacred cows, everything's on the table. larry: on that point, just to follow up, it's an important point, and the buts come from republicans as well. >> true. >> fair. larry: elon musk gives this cut spending, downsize ised government, deregulate government, he's the jet fuel behind this. i mean, even with all of his commanding presence and gilens, i don't think -- guile, i don't

think president trump could or would go this far were it not for elon. i call it jet fuel. we watched it in the oval office meeting yesterday or the day before where president trump let him talk for quite a while which, i mean, i've been in that position. it's quite an honor. and, again, it just -- i mean, he's the jet fuel. caroline, you've had -- >> well, i was going to -- larry: you don't like jet fuel. [laughter] >> i was going to say trump's popularity is rising by the day, and elon musk is taking the arrows of criticism. so it's really this perfect arrangement where elon musk, everything, he just shrugs it off, i don't care, because i think he genuinely is a nerd, and this is his pet project. and that's the greatest energy we could have in government where auditing is, like, everybody's allergic to the idea of accountability in government. not elon musk. he doesn't care what kind of heat he gets. larry: we're all going to love auditing. by the way, as a future press

secretary, this is the third day in a row, i don't know, today could be the fourth day in a row karoline leavitt will not let the the associated press in the press room. if. >> i think the executive -- larry: i have a reason. wait a second, look at it. hold on. wait for it. up on the full screen is. ladies, you can see it right here -- [laughter] gulf of america. the ap will not say uncle and and acknowledge if the gulf of america. >> now, that's a value valentine's day card. [laughter] >> that's beautiful. talk about poet ific. the associated press, larry, is one of these outlets that's masquerading as neutral and middle of the road, but it's a progressive rag -- >> they shared space with hamas. larry: tomi, last word. >> beautiful gulf of america, it's warmer there than here in america. the party that wanted us to use pronounce, they're, them, whatever -- they, them, you know what? it's the gulf of america. that's' the new pronoun, so use it. we demand you understand our

identity. larry: fabulous. you're all absolutely fabulous. happy valentine's day. appreciate you coming on very much, ladies. coming up, i spoke to the new agriculture secretary, brooke rollins, in her first interview since being confirmed. i'm kudlow. stick around. we'll be right back. thanks again, really appreciate it. ♪ ♪ i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management. patients who have sensitive teeth but also want whiter teeth they have to make a choice one versus the other. sensodyne clinical white provides two shades whiter teeth as well as providing 24/7 sensitivity protection.

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larry: all right. i spoke to the new ag secretary, brooke rollins, earlier today to. her first inte view since being confirmed. take a listen, please. okay. we welcome to the show the new agriculture secretary, u.s. agriculture secretary, first interview since she was confirmed, old friend of mine. madam secretary, brooke rollins, welcome. >> larry kudlow, what a joy to be here with you at our old home, frankly. larry: yes, right. [laughter] here we are again. terrific stuff. congratulations on your confirmation. and so forth of. brooke, i want to tart off, you know, people waking up in the morning having some bacon and eggs for breakfast. eggs here over $9 a dozen. they used to be under 3. if you have a nice breakfast in the morning, you can practically go bankrupt. is there something you can do as the agriculture secretary? >> well, first of all, harry,

what a joy to be on with you, and what an amazing opportunity, right, that president trump -- i know both you and i have worked alongside him and for him for many years at this point. for me to have this just huge blessing to be part of this team, larry, to continue to work alongside you and others to save the country now in a different platform and perspective one of my greatest blessings. as far as it goes, or you know, the president was very, very clear in his top priorities, securing the border, no new wars. but one of his top ones was grocery prices. we heard him say this for the last year or so as he was campaigning. it clearly continues to be a very significant issue. i as the mom of pour growing teenagers especially can understand -- [laughter] this cost of groceries. if so i've been less than 24 hours on the job, but we've already done several briefings on the avian flu, how that has affected the cost of eggs. but really, larry, this goes back before that. and the biden administrations with the regulations and if all

the rules expect cost of inputs and the decrease in exports for our ag community has certainly had a massive impact as well. larry: yeah. i think the bidens missed the whole story, and they had no plans for the air a january flu and the impact on eggs or whatever else, and now the question is, you know, is there a way to stomp out the flu? do you work with health secretary kennedy? i don't know, how does that work? >> yeah. well, bobby and i, amazingly enough, both cot got confirmed yesterday, one right after the other. he went first, i went second. and he and i have already begun to discuss, you know, he's so focused on chronic disease and getting america healthy again. but this is part of that, to your point, larry. he and i have not discussed this issue yet, but i've got a call with him later today, we'll be talking this weekend, want to ensure that we're all on the same page moving forward. there are countries that don't have the same kind of cases of avian flu like we do in america. what are they doing in what are their best practices?

how do we model that that and, ultimately, how do we get our egg layers producing again and get these prices down? larry: you know, yesterday, of course, president trump announced his new reciprocity trade policy. you and i are both quite familiar with his thinking on that. but, you know, i'll go back to the phase one china trade deal that we negotiated back in 2018, 2019, signed it in early 2020 the before the pandemic set in. and china never made good on their promise in that deal to purchase farm and farm-related commodities. american farmers got the horse end of the stick. president trump had to replenish them to make them whole. but, i mean, with respect to reciprocity in trade deals, i mean, american farmers never got the purchases from china, and i think manager still has to be done -- something still has to

be done about that. >> you're right, larry. and here's what i think is really important to understand, that the american farmer, our agriculture community is in worse position today than they've been in perhaps 1000 years. we've -- 100 years. we've lost 150,000 family farms. the cost of inputs are up almost 30. we have to get our arms around this, get american products into the market but hold those accountable just like what china has done that this is not okay. you and i both know where the president is on this. the american people certainly know where he is on this. they voted for him and his vision. but ultimately, we also know where president trump is with our ag community, our farmers and ranchers. truly the backbone of america. we need the fun and the -- the country and the -- we field the country and the world. so i have all the confidence every decision this president makes will insure that our ag community is protected, elevated and sees prosperity like never before. larry: all right. a little bit different topic but related, elon musk and the doge

team coming around. is there going to be a doge audit of usda? how do you see that? can we save some money? what's happening there, brooke? >> larry, i just this morning gave my welcome speech, and we with had almost 700 people in the atrium at the united states department of agriculture. and, of course, casted the vision of rural prosperity and bringing the american ag and farmer and rancher back to be the able to make money, to pass down their family farms. but i also pivoted. i wanted to be very, very clear that this is a new day for us darks. this is the day -- usda. dei is no longer a driver. this is the day where climate policies no no longer hold the first eat at the table. this is -- seat at the table. this is the day where we welcome with open arms and with joy the elon musk team into our department. 106,000 employees, 29 the divisions. -- 29 divisions. this is a massive, massive federal agency, and we desperately need to make sure we

are aligned, we are efficient, we're stronger than ever before and we're serving the customers. the customers are not serving us. and i think that's perhaps a bit of a change, and it'll be maybe a little bit painful at the beginning, but i have no doubt that at the end of this, this usda and all of our federal agencies will be in so much better position than we've ever been before at least in modern history. larry: so i just want to know, brooke rollins, on a personal level, has the usda ever had a female, texas a&m aggie at the helm? i just want to know all about that. [laughter] >> inquiring minds want to know, larry kudlow. [laughter] i am a, apparently, the first texan and the first aggie to ever be in this spotment. larry: yep. >> but, listen, or it's about america. it is about all of these states. we're going to fight like mad to make sure that every day america is put on its best footing, and i'm so excited to implement the president's vision.

larry: well, good luck, madam secretary. god bless. thanks for coming on. appreciate it. see you soon. >> thank you, larry. you're the best. larry: you bet. thank you. ♪ larry: and she will be a great ag secretary, you can bet on that. anyway, next up, is america ever going to get a tax cut? and what about trade reciprocity? if we've got john carney and steve moore right after this. ♪

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can you characterize how tough it is to get something through committee but then moving it to the floor, that's a completely different animal? if. >> it is. yeah, we've got work to do as we always do on any measure that's this consequential, because we have a very diverse conference, and we have to get everybody onboard. but we will. we'll get it done. >> reporter: here's the problem, the brass wrote the bill to match conservative demands on the budget committee, however, that could be a problem with moderates. nicole malliotakis worries that $4.5 a billion in tax cuts could blow a hole in the deficit. republicans want to increase spending for the border and the pentagon. >> yeah a that's a concern of mine. i think we've all sort of expressed that that concern. it's $4.5 trillion does not leave a lot of room to do the president's priorities. i hair a lot of those priorities particularly as it relates to s.a.l.t. and reducing taxes for our seniors. >> reporter: malliotakis mentioned s.a.l.t., the 2017 tax bill imposed a cap of $10,000 on

deductions for state and local taxes. republicans from high-tax states could bawling if that provision is not -- balk if that provision is not shored up. it's about the math. >> the numbers you have to pay attention to are 218 and a 251. 218 to pass anything in the house and 51 to get anything through the senate. as we think about the limits on what we can do, what are the opportunities, the possibilities out there. finish. >> reporter: thune and other gop senators wrote to president trump, they want to make the 2017 tax cuts permanent. no sunset. house republicans could reduce the tax cut ifs if they fail to find -- cuts if they fail to find offsets. larry in. larry: chad, just one other point. i was reading manager -- make you just mentioned it, the offset, the volume of tax cuts is going to be tied to the volume of spending cuts. some sort of linkage there. any thoughts on that? >> reporter: yeah, that's exactly what's going on.

ask chip roy, the republican congressman from texas, he said that on fox business earlier this morning, that they had to have that because otherwise they're going to blow a hole in the deficit. and the other thing they're watching here is the scoring from the congressional budget office and whether or not they like what kind of numbers they get back from them. larry: got it. chad pergram, thanks very, very much for your reporting. joining us now, folks, john carney, breitbart finance and economics editor, steve moore, host of moore money, wabc radio, coor -- steve moore, you know, i mean i'm just saying, you know, here they go again, you know what i mean? [laughter] chad pergram is reporting it accurately. the problem is the facts are not good. and here is the thing, i want to start off right away. i to -- i do not understand, i mean, senator crapo has said. maybe we'll run the tape before this segment's over. senator crapo said it.

we capture9ed it last night on tape. the budget committees create their own baseline. they do not have to rely on the cbo. the cbo has to score finish. >> that's true. larry: and the policy baseline s should be scoring ax -- tax policy, tax extensions as neutral, all right? byron donalds said this last night. neutral scoring, and they're not doing it. and as a result, they're jeopardizing the whole package, stephen. it's driving me moderately craze sid. >> yeah. i'm pulling my hair out too, larry. why are they making so complicated? you've got an extremely popular president with the wind at his back, with a huge voter mandate to do this. why don't they tomorrow have an up or down vote on making the trump tax cuts permanent? and every republican should be in favor of that. and then we can have a debate about -- look, there's nobody in washington who wants to cut government spending more than i do.

i've devoted three and a half decades of my life to this. but it is absolutely essential that this tax cut get done, or the republicans are going to be raising taxes by $3,000 for every family next year. it's a great way to blow up any republican majority. so do the tax cut, get it done. why do they have -- what is taking so long, larry? larry: create their own baseline. >> why can't they just do it right now in. larry: i know the senate seems to want two bills, but, john carney, the senate leaders including majority leader john thune, they agree with mr. crapo about the tax cuts being current policy and neutral, john carney. they agree with him. and i don't know why the house budget committee can't do that. again, let me just stipulate, the budget committees have the legislative authority. this is part of the reck reconciliation process, part of the law. they create the baseline, not the congressional budget office. which always a gets it wrong anyway, john carney. >> that's right. there's no reason for them to

accept that the sunsetting tax cuts is the baseline and that they need to just -- everything else increases the deficit. but i also think that steve moore is absolutely right. there's no reason to worry about a trying to balance the budget in this bill. do the tax cuts now, and then we can spend the next few years fixing the overpending of the federal government -- overspending. we have to get the tax cuts in right now, as soon as people start to fear that that's not coming through -- >> yes. >> -- we will see an economic calamity to occur. march arkansas yeah. you should are heard -- >> i add something to that, larry? larry: newt gingrich talked about the economic calamity and the political calamity, okay? if that was newt's point. >> it is. larry: you know, 2026 could be a political calamity if they keep waiting and waiting or just don't get it done at all, steve. i mean, that's what you were going to say. please, go ahead, say it. if. >> okay. what i was going to say, to add

to what a you guys were just talking about, is the congressional budget office score for the cost of the 10 is 10-year -- 10-year extension of the tax cut is $4 trillion. that's the most insane, crazy, lunatic score, and i've been doing this a long time. that isn't even close to the truth. these are the same people who seven years ago, you were there, larry, they told us it would cost $2 trillion to do the tax cut, and, in fact, the revenues have come in higher than if we hadn't done it at all. why are we living under congressional budge office which doesn't seem to know -- they have a cracked crystal ball. and you're right about this, there is no law that says the republicans have to live under this congressional budget office. larry: right. >> because they've been wrong, wrong, wrong for 40 years. larry: they can make their own baseline. john carney, remaining time, reciprocal trade policy, john carney. i kind of think this is right up your alley, but give us a little hint. >> it is. we've been talking about this for a long time, larry. donald trump is saying to the

rest of the world, look, if you want tariffs higher, you can raise tariffs on us. if you want tariffs lore, cut tariffs on us. it's are easy. finish this is actually a a path towards free trade. it's not a path towards a trade war, it's a path towards trade peace. larry: steve moore, give me a quickie. i don't think this is your favorite thing in the entire world. go ahead, steve. >> no, actually, you know, i hate the steel tariffs. i think those are counterproductive. but i do think that you guys are right. this could actually lead the freer trade and fairer trade by forcing these other countries to lower their tariffs. and i believe that a if trump does this, china and canada and mexico will lower their tariffs because they'll have to. larry: you know, it's funny, mr- >> and india, which is a huge tariff country. larry: i was just going there, john. >> yeah. [laughter] larry: india made a good, a lot of progress last night, right? when the defense pact was

accompanied by an investment and trade pact. i've got to get out, but go ahead, john carney. [laughter] >> look, these countries want to trade with the united states. they don't want a trade war. donald trump is showing them the path out of the trade war, into trade peace. and we're going to get it. it's going to work, and it's going to be fabulous. larry: all right. we're holding you to it, it's going to work. john carney, thank you. steve moore, thank you. terrific stuff. coming up here on "kudlow," europe and the europeans are attacking mr. trump. they're attacking him because they think he's going to give the store away to vladimir putin. just attacking trump mercilessly. it's the dumbest thing i've ever seen. david webb will be right here to talk about it. ♪ wave hello to zane. he's king of the... ping. for every 1 sentence spoken on a call, he has 3 comments 2 memes and 4 emojis to contribute. a flood of positivity... during every. single. meeting. but oh how his passion for product management

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larry: so why are europeans attacking president trump in can't figure it out. joining us now, david webb, fox news contributor, host of the david webb show on siriusxm. you can catch him cohosting "the bottom line" with dagen mcdowell tonight at a 6 p.m. eastern right here on fabulous fox business. david, europe outraged as trump is viewed to be surrendering to putin on ukraine. >> yeah. larry: really in. >> no. and i'm not taking this from the

euro trash, which is what these european leaders have become. they don't like the fact that not only did donald trump tell them in his first term the truth about their commitments to their own security and then our economic trade imbalance with them, but then j.d. vance today lays down the american standard on free societies, free speech, economic strength, peace through strength. and while they may not have our constitution, you know what he says to them? and i'm paraphrasing, the standards that we set the right standards for an open society. not arresting people, putting them away for social media posts. don't you lecture us when we're the standard that people want whether they have our constitution or not. larry: but the thing is, look, trump calls putin the break a log jam, basically. biden never had the backbone or

the strength or the courage or the -- >> or the ability. larry: okay, or the ability, fine. but also all along the way, trump has said, j.d. vance has said, think hegseth has said, the potential, the possibility of a military action by the united states still on the table. the possibility of are severe oil and gas sanctions, on the table. the possibility of taking the russian central bank, $300 billion of assets that were frozen, is very much on the table. he's not giving putin anything. what he's doing is he's trying to create a peace process which he has done and stop the billions of people from getting killed. that's why i don't with understand. did europe really believe that weapon going to to somehow mobilize ukraine and they were going to win the war and sweep through russia or something? that's what i don't understand. >> or were we going to motivate putin by handing out money afte, billions of dollars to ukraine?

add one more thing to. that's i would love it, if and if i hope he did, look -- or in this case talk to vladimir putin and say what about those oil transfer payments. what if we take those and put them on the table, that we're going stop those through the swift banking system. larry: that's right. no, that that's right. >> how you get this to a negotiated settlement or something is you tell the truth to both sides. it's difficult. i understand that. putin has a his view, zelenskyy has his view, and the euro rash have their view. but -- trash is are their view. the fact is we're the majority of resources in nato, we're the big trading partner, we're the ones that europeans consume from, and enough. you created this fake european union, fake monetary policy. you have a charter that doesn't allow you to -- for your government-backed security. you're the failure. larry: what's wrong with peace? and that's all i want to know. what's wrong with peace?

>> if trump does it, it's wrong. larry: thank you. watch david at 6 p.m. coming up. i'm going to be back with my last word. only the servicenow platform connects every corner of your business, putting ai to work for people. - hr? - yeah. - it? - yeah. - r&d? - yup. omg? uh... oh, i see. uh... yeah. that's the department i work in. alright, enough of that. he looks down at his queen, and says... (in atrocious french) au revoir mon amour. a bientot let's work on that french, shall we? (♪)

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so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management. larry: you know, there's nothing wrong with peace. there's nothing wrong with peace. millions have died and been injured in a war that never should have happened mt. first place, and president trump is going to fix it or try to fix it. and people should help him in that effort. don't harm him, help him in that effort. anyway, jackie deangelis in for liz mac donald up next.

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