tv Kudlow FOX Business February 26, 2025 7:00pm-8:00pm EST
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it's odd how in an instant things can transform. slipping out of balance into freefall. i'm glad i found stability amidst it all. gold. standing the test of time. ♪ larry: hello, folks. welcome to "kudlow," i'm larry kudlow. so is a big win in the house last night for president trump and speaker mike johnson's one big, beautiful bill.
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we have house republican conference chair lisa mcclain, and we have economist extraordinaire steve moore if on that in just a moment, plus congressman wesley hunt and congresswoman anna paulina with more on president trump's pro-growth economic agenda. then we've got housing secretary scott turner and how mr. trump will make moments affordable and save the suburbs. but first up, our own edward lawrence is live at the white house. what you got? >> reporter: larry, where do we start? more than an hour-long cabinet meeting, and he covered a lot of ground domestically as well as with foreign policy. internally, the president is setting up for a massive cost-cutting measure for taxpayers within the federal government. the president turned over the beginning part of that meeting to elon musk, a special government employee. and elon musk then justified saying that he could get $1 trillion in savings for the federal government by the end of 206. he also justified -- 2026. he also justified that
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government e-mail asking workers for five things they did last week. >> we think there are a number of people on the government payroll who are dead, which is probably why they can't respond, and some people who are not real people. literally fink aal individuals that are collecting -- well, somebody's collecting paychecks, so we're trying to figure out are these people real, are they alive and they write an e-mail. which i think is a reasonable expectation. >> reporter: about one million workers responded to that a e-mail, about half of the government work force. president trump announced that that he's calling for a gold card program for $5 million each. this program would be able to buy work visas for a person wanting to invest if large sums of money in the u.s. with this program and other cost-cutting measures, the commerce secretary, howard hut nick says just listen to this -- howard lutnick. listen to this startling statement. >> there's a line of 250,000 right now, 200,000 of these to
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gold green cards is $1 trillion. to pay down our debt. and that's why the president is can doing it, because we are going to to balance in this budget, and we are going to pay off the debt under president bush. president trump. >> reporter: unheard of, a balanced budget which hasn't happened in a long time as well as bringing down or almost no debt. president trump talking about tariffs with canada and mexico saying they've pushed off for a month or so to april 2nd. that is also the date that they're going to have reciprocal tariffs put in place wells the 25% tariffs on autos from the european union. this gives more time now to negotiate with all of those countries and that bloc of countries to get a better deal and the deal that donald trump wants to see. larry? larry: thank you very much, edward lawrence. next up, let's go over to hillary vaughn live on capitol hill where there's major action going on. >> reporter: hi, larry. ing house republicans passed this budget road map.
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now it's time to get down to the nitty-gritty. actually flushing out the policy proposals that will be included in this one big, beautiful bill which right now just has big, beautiful pages. it's an outline of spending priorities focusing on the border, military, addressing the debt ceiling and tax cuts. the house bill extends president trump's 207 tax cuts -- 2017, but trump said he wants congress to make them permanent. speaker mike johnson says he doesn't seem to think that will be a problem. >> the president's calling for permanent tax cuts. do you have to amend your budget in order to make that possible this. >> no. the budget allows for that. we have the find the appropriate equilibrium to do all those things. >> reporter: with extra spending, speaker johnson promising republicans that that they will come up with $2 trillion in spending cuts. each committee is tasked with finding their share of cut -- cutting including the house emergency? and commerce committee. so democrats are filling in the
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blanks themselves. >> the house republican budget resolution will set in motion the largest medicaid cut in american history. children will be devastated. families devastated. >> reporter: but the commerce committee's jurisdiction touches almost every facet of american commerce a too, not just these programs, so there's a lot of places to poke around and find ways to cut. >> you guarantee that medicare, medicaid, social security will not be touched? >> yeah. i mean, i have said it so many times, we're not going to touch it. now, we are going to look for fraud. i'm sure you're okay with that, like people that shouldn't be on, people that are illegal aliens and others. >> reporter: senate majority leader john thune and speaker mike johnson are at the white house meeting with treasury secretary scott bessent and nec director kevin hassett to figure out how to get the senate and the house on the same page and if to get this one bill across the finish line to trump's desk.
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larry? larry: yeah. you know, fraud is exactly the right answer. trump gave exactly the right -- there's so much fraud in medical decade alone, and everyone's talked about it and written about it. anyway, good stuff. hillary vaughn, appreciate it very much. all right, folks, good growth economics makes for good politics, and that's the subject of the riff. ♪ larry: plenty of congrats all the a way around as the house republicans defied conventional wisdom and passed a one big, beautiful bill budget resolution including, importantly, the trump tax cuts. speaker johnson, majority lead erica lease defied beltway wisdom and senate republican wisdom by getting a bill through quickly. if budget chair jodey arrington deserves a lot of credit for having written the bill. he'll be around perhaps later in the show. president donald trump gets some credit for making a couple of very important phone calls.
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treasury secretary scott bessent9 gets credit for shepherding the bill through the house. interestingly, not a single house democrat voted for the bill which means, if in effect, the entire house democratic conference favors, on record, a $4 trillion plus tax hike. nice going. virtually ensures a continued minority status for quite some time. so so now the house expect senate republicans -- and the senate republicans have to get together and hammer out a compromise, and a group called the big six started a meeting on reconciliation today in the white house. as we speak, i reckon. that group includes the tax-writing chairs, mike crapo in the senate, jason smith in the house. the two leaders, senator thune and speaker johnson, and president trump's own secretary of the treasury scott bessent and n if ec director kevin hassett -- nec. one key point is whether all the
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a trump tax cuts, both 1.0 from 2017 and 2.0 from the campaign last year, will be made permanent. earlier today i spoke to a leading senate republican who would like all the a tax cuts made permanent, and he believes that most of his conferees would agree. so whether they'll conform to mike crapo's policy baseline and and net out to a neutral deficit impact, tata remains to be seen -- that remains to be seen. but i think the best possible outcome is crapo's policy, and everything should be made permanent. also noteworthy, whether any if doge budget cuts and doge dividends and doge debt reduction will be part of the final overall package. and then surely there'll be various budget-cutting programs that will get modified around the edges including mr. trump's
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fraud. here's the key point. speaker mike johnson's house victory ties together all of president trump's policy requests; lower taxes, less spending, fewer regulations, more energy production, tough border control and a strong national defense. and the house now is going to continue to drive this process. one big, beautiful bill is what mr. trump always wanted. another point to consider, this is fundamentally a pro-growth policy mix that will fatten the wallets of the working class coalition i put together by mr. trump during his incredibly successful 2024 campaign. and with mike johnson's great victory last nighting this whole budge -- night, this whole budget package could conceivably be concluded by memorial day which would probably be a world record. not only will mr. trump be able to brag about promises made,
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promises kept, but his early term, high velocity presidential management could guarantee republican majorities in the off-year 2026 election as well. you know, i believe as by first boss, ronald reagan, used to to argue a, good economics leads to good politics. the gipper sure had a successful time of it.. looks like mr. trump is following in the same path of economic and political abundance. and that's the subject of the riff. all right? joining us now is lisa saw mcclain, chair of the house republican conference from the great tate of michigan, and steve -- state of michigan, and steve moore, host of "moore money" on wabc radio and co-author of "the trump economic miracle." somewhere in washington, d.c., no, maybe maryland, no telling where he is. ms. mcclain, i guess i'd ask
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how'd you do it, although there's been quite a few discussions about phone calls and coming back and this and that and to and fro. but the big issue right now, which is an important one to supply-siders like steve moore and and myself and art lover, can you make all of the trump tax cuts permanent? can you do it if senators say that's what they want. senators say a lot of things. senators said you couldn't get a big, fat bill together and you did, so who knows? if but i would like to see one big beautiful bill with one big beautiful tax cut made innocenter. can you do it, ma'am -- permanent. >> well, i'm an on the first by nature. i think we can do it -- optimist. we did it last night, we came together and we passed the budge resolution. so i'm excited. there work to be done? absolutely, there's work to be done. is it going to be messy at times? yeah, it is. but we're going to get the american people to a better place which is what they elected
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us to do in the first place. and what i would say is this, listen to what we're talking about right now, larry. we're talking about tax cuts. the democrats want to talk about, you know, letting them continue on and not getting american, tax cuts. we're talking about how do we pay for these tax cuts. we're talking about how do we have pay-fors. how do we do this in a responsible manner. goodness gracious, we haven't talked about this things in this optimistic since christ was a kid. we are on the right path. we just need to to get to work and keep it going. larry: you know, steve moore, it's interesting, i happen to like budget pay-fors. in other words, if you raise spending here, you should cut spending there. maybe even 2% or $2 for every spending hike. but tax cut pay-fors, i don't know, steve. i think you've got a problem here. i hate to see the republicans
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give up on the laffer curve. i hate to see the republicans give up on the idea of mike crapo's policy budget, you know? it was done under obama. i don't see why it can't be done again. one other thing mike crapo has taught the us legally as part of reconciliation law, and crapo knows this stuff, it's what the budget committees decide to do, those are the baselines. you can have a a baseline that's long, short, neutral, whatever. but that's -- i mean, i don't want to see them get shortchange ed. i don't like the idea of linking pay-fors to the tax side, steve moore. that troubles me. >> so, first of all, i want to congratulate lisa mcclain. fantastic job. yesterday was unbelievably important, red letter day for america. we're over a big hump here, larry. it was one b -- moat, but we got this done, and congratulations. i love the speaker of the house, he did the an amazing job. and i think donald trump may
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have intervened at the last minute to get this done, which is fantastic, with some phone calls. [laughter] it's a great team, so i love this. one of the things i told speaker johnson, we met yesterday, he started out this meeting saying it was going to cost $4 trillion k and if i stopped him right there. you're fantastic, but stop -- and, lisa, you did this too, don't talk about this is going to dos money. all a we're doing here is preventing a $4 trillion tax increase which is what a larry was talking about earlier. and that's what, apparently, the democrats are for. this very significantly raises the odds, larry, that we're going to get this thing done. so i'm happy. i think it was a really important day. and stick with this program and let's get it done. i'm very wary, the one thing i worry about, larry, a little bit, and i want to make sure that the chairwoman understands this. i'm a little bit worried about some of our conservative friends, larry, who till want to kind of hold the tax cut hostage
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to all these spending cuts. i don't think that's -- let's just get this tax cut done now and then let's cut the budget. larry: they're the ones on mr. trump's phone call list. he's got them on speed dial. that's' the way this is going to have to work. lisa is, i do want to can ask you about a doge, doge brothers, doge cuts, doge dividends, doge debt paydown. do you visualize any doge in this budge package when it finally gets put together -- budget package? >> well, everything is on table. that's' the beauty of what we're doing right now. we're not talking about a what we won't do, we're talking about how do we get to a yes, how do we move forward. is right now, where we stand right now, i think everything's on the table. and if why shouldn't it be? larry: i saw a poll, i don't remember which web site, but i saw a poll that showed how popular doge dividends are among people. i mean, they're, like, close to 60% popular.
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now, i know not everything is possible in these things, but it's just something to consider. anyway, i will echo what steve said, congratulations. you beat the odds. you beat the the odds of all the liberal punditry in washington d.c. you beat the odds of the republicans in the senate which i think i liked even more, so lisa mcclain, thanks so much. steve moore, appreciate it very much. >> thank you. larry: coming up here on "kudlow," the trump pro-growth agenda and tax cuts 2.0. just what we need right now to calm markets, maybe end the biden-flation. we need to talk growth, we need to talk it up. we've got john carney from breitbart right here on set when "kudlow" returns. catch "kudlow" monday through friday, 4 p.m. right here on fabulous fox business. if for some reason you can't get us at four, just text your favorite 9-year-old, and she will show you thousand dvr the show, and you'll never miss a
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the way i approach work post fatherhood, has really trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. larry: all right, so what do the markets think of the trump tax cuts if joining us now, john carney, breitbart distance economics editor, co-author of the breitbart busy jest.
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john, welcome back. business digest. markets opened great on news of this deal, then they kind of gave it back. do you have any thoughts on that? >> i think the market and investors were very relieved to see that republicans could come together to make a deal. everybody said that wasn't going to happen. look, the deal might not be perfect, there are people that are going to say there's too much spending in it, but just getting all the a republicans to vote together and pass something was a very big deal. if i think the market came back when we started to get with more bad economic news. the housing numbers, housing starts today came in well under expectations. now, that might be a little bit panicky because we got very good numbers in an upward revision to the prior month and is keep in mind? january we -- in january we had fires in los angeles, snow in the south.. it snowed in new orleans. it hasn't snowed down there in a long time. nobody's building houses in theout in south, bigest housing
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a market in the country. but there have been at lot of bad numbers. and every time you get one of those right now, the market is going to go down. larry: i mean, it's interesting, i don't know if it has a thing to do -- maybe the fact that the tax cuts went in and are back on the front burner from the back burner -- >> yes. they didn't fall off the back burner. larry: that's right, didn't fall off. and probably this stuff's going to come in the nick of time. but i think biden handed trump a bum economy. that's part of it. and on top of that, biden-flation continues which mr. trump acknowledged today at the cabinet meeting. he inherited a bad hand. it's not going to be all easy to get out of that. that's why the sooner this is done, the better it's done. and that's why i thought the house putting everything together in one package, not, you know, worrying about tax cuts and the second bill or tax cuts in the third bill, the house is driving this thing. is and they're driving it in the right direction. >> make it clear that the tax cuts are coming is very
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important. as i've said before, if the market doubts that we're going to get them, if it thinks the republicans will fumble that, we will be in a lot of trouble both in terms of financial markets and economically. i think you're also a right to say that we -- people -- we got a very bad economy from joe biden. larry: yeah. >> and as i've been saying, inflation, it was much stronger than people thought at the end of last year. the fed should never have cut. i think that helped to revive inflation, is making the problem worse, and now the fed is in a really tricky place. if these numbers keep getting worse mix -- economically, the fed pay actually have the start cutting while inflation is still high. that's are bad because it could drive inflation higher. larry: a lot of times slow growth leads to higher inflation because you're not producing enough goods. >> that's right. larry: we're not producing. you look at stuff like industrial the production, you look at manufacturing, you mentioned housing which is a
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form of investment. it's not all about consumer spending although that was a lousy number for january too. but a lot of times, perversely, slow growth or recession can lead to higher inflation. milton friedman talked about this 50 or 60 or 70 years ago. it's still around. and they're going to have to figure out what to do about it, and and i'm not sure the fed is equipped to deal with that. >> any of the investment numbers you have looked at, they are very weak. one of the problems is they're not getting stronger, and is we need them the get stronger. so a key to that is deregulation. the other key is energy. trump has been talking about that nonstop, which is great. expect other key to that is -- and the other key to that is tax cuts. particularly the bonus depreciation would to do a lot. if they get that back up to 80%, to 100%, i think you'll see a rush of investment. but they have to do that and do it quickly.
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remember, the economic deteriorations feed on themselves. so if things keep going down, they will accelerate downward. you need to get ahead of that, stop it from happening. larry: one last to point. oil price is coming down. in fact, it was my car service driver who pointed out to me, i believe west texas hit $68 today, so he's waiting for gasoline prices to come down. i'm not sure whether that's a recession signal or a lower ukraine-russia war signal or what, but i know that it is. and gasoline prices might come down. that'll help the economy, it'll also a help reduce inflation. i mean, one can hope. >> i actually do think peace in ukraine would actually be very good for markets and and very good for the economy. it will also allow us to spend less. we are spending a lot of money on dependence. trump also telling europe that they have -- dependence. telling europe they have to step up and spend more for their defense lowers our long-term spending picture which should
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bring down inflation, bring down interest rates. i think that would be very good as a well. even though everybody looks at that as a economic matter, it's a foreign policy matter as well. larry: i like that. daily breitbart digest, folks. coming up, reagan taught me this, good economics lead to good politics. congressman wesley hunker congresswoman anna paulina luna on that and much more went "-- when "kudlow" returns. remember, we're available as a podcast, episodes available every weekday right after the show on spotify, apple and foxbusinesspodcasts.com. we'll be here, right back. ♪ —yeah? —yes! ...this year, we are finally updating our kitchen... ...doing subway tile in an ivory, or eggshell... —cream?... —maybe bone?... don't get me started on quartz. a big big island... you ever heard of a waterfall counter?... for everyone who talks about doing that thing, and, over there.
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congresswoman anna paulina luna. you know, that was a reagan staple a long time ago when i first worked from him when i was a child, 17 years old. but really, what you all got done last night i regard fundamentally as a good exhibition. pro-growth economics -- economics. especially with the tax cuts included in the overall a package. and i gotta believe that's going to pay political dividends, you know? rest of this year into the midterms, you could do things that haven't been done in a long time, maybe even expand your majority in an off year with. what do you think? >> that would be very nice. as you know, that was definitely some finessing. speaker johnson did amazing with the reconciliation, but president trump was very involved behind the scenes in that a one big, beautiful bill that passed out of here. i have faith that -- i'm cautiously optimistic in the senate, but i think we're going to get it done. yes, you are right. i can tell you that the pinellas las county residents were very
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happy about it, social security benefit, tax benefits from seniors and also too, you know, the america first products being tax-free now, this is all a things president trump campaigned on. larry: can we get all that? everything you just said is important. it's not only the tax cuts 1.0, it's the tax cuts 2.0. the 15%, you know, made in america, you're absolutely right, the tips, the overtime, helping seniors. and that tough is dynamite, anna. you know, powerful political stuff as well as good economic growth stuff. >> yeah. the numbers check out. i talked to jodey arrington, the chairman of the budget committee, who's very passionate and rightfully so is about this. i've heard from my more conservative friendlies mt. house freedom caucus and also, too, jason smith. so all these very brilliant minds are saying that the math checks. i think that the math checks, so we're looking forward to, again,
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this passing not just in the senate, but also president trump signing it into law. to be clear about something, i think moving forward obviously very tight majorities, so it's important that we all continue to work together. again, this will pay real dividends. i think we're projected to win the midterms in the next couple years. larry: you know, and i -- look, how about this, a word of support for the freedom caucus. they're getting a bad name. they're good. they're smart, they're conservatives, they're for growth, they're for tax cuts, they're for limited government. heck, i agree with that, you agree with that. i mean, somebody's to got to stand up for those guys. [laughter] >> well, you know, i will say this too, you know, i think for the first time with the people that president trump has appointed to these various agencies, president trump's policy, also the people tar giving advice and council to th, they're like-minded individuals. remember, we were handed pretty much a dumpster fire from the
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biden administration, so we have a lot of work to do. but it's all good to see that people are moving forward and really delivering on president trump's mandate from the american people. happy to be a part of that. larry: no, listen, i tell you what else, i think that the doge effect is going to be -- it's a big, it's a very long-playing record, and it's a good-playing record. i was looking at a poll on one of the web sites, something like 55, 60% of the people would love to get a doge dividend or have doge savings pay down debt. you know, elon musk is a controversial guy, he's a rookie in politics, but he's got a big following. but most of all, right, he's getting done what we never seem to get done which is a smaller government, a smaller work force and pay some dividends back to the taxpayers. >> well, and it helps to have outsiders in washington. and i will say that elon, you know, he's been largely a target of left-wing media and smear campaigns especially because he's come out not just a little bit in support of president
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trump, but he helped get president trump elected. larry: yes. >> and you see these conveniently-timed hit pieces. we've all a been victim of those, especially in washington d.c. but what i would like to say is the doge effect is really doing what congress failed to do, and that is, a, just spend less money and seven suring that the american people aren't having their tax dollars wasted. i think it's rightfully so that the american people do deserve a refund. look that the crazy stuff the american government was spending money on especially under this past administration. it's good to have a little unlight in the darkness. i this think that's the -- sunlight in the darkness, and i think that's the right message. the american people entrusted us to do the right thing. unfortunately, there's been a lot of people doing the wrong thing, and it helps to get things done on behalf of americans. [laughter] so i was amused, i thought it was pretty cleverment i think he said it today at the cabinet. he said, you know, the memo i sent out, it wasn't a performance review, it was a pulse check. [laughter] he wanted to see who out there
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who had a pulse, who was still alive on the federal payroll and who wasn't. but you know what? we can laugh at that, but that's a serious issue. you need a pulse check for social security, for medicare. you need a pulse connect for so many of these programs. -- check. and that's all he was doing. [laughter] >> well, we thought that you needed a pulse check for social security, but doge found out there are people getting social security checks that were, what, 150 years old? if i mean, it was absurd. look, i think that elon, his heart is in the right place. obviously, the secretaries ultimately have the say over those different, different agencies on whether or not they should respond. you saw that full city came out and and and said -- tulsi said is, hey, don't respond for specific reasons, but ultimately, we're same team fight here. i think he has his heart in the right place. i think he's literally finding massive amounts of fraud, waste and abuse which is what we need, and we're going to successfully if turn the ship around. if you see just last night this piece of legislation passed by one vote, and that just shows
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how tight our majority is. if we continue doing what we're doing, we will expand the majority in the midterms. larry: i regard it as a landslide, so there. >> hey, i'm with you on that one. larry: you've got to take it. last one, anna. there's supposed to be a big federal riff coming by the middle of march. president trump talked about that today in cabinet. i think that also, you know,, if it's done fairly with severance and so forth such as has been the president's custom, i think this will be very popular. i think people outside washington beltway want to see down -- they don't want to see people hurt, all right in but phi months' severance package or whatever it may be doesn't mean people get hurt x. these are people educated, highly educated, they will get job and withs and contribute to the private sector. but i think if there is a big riff coming, it will be very popular. what you think? >> well, look, from what i'm being told, people in d.c. are actually taking -- taking this.
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so they're not being fired, they're actually willingly leaving. larry: yeah. >> and i heard people are actually wanting to leave. being in washington is not fun. people might if think it's glamorous, it's really not. you deal with constant attacks. it's a grind up here. but i think those people are given options and, obviously, if someone feels wrongfully terminated, they have every legal tool at their disposal a, but i just don't see that being something that's going to be massive, especially if someone's leaving on their own accord. larry: anna a paulina luna if, what's next for you? i've got 30 seconds. >> i have to go vote, but we're happy to be delivering for the people of by pinellas county, and i'm honored they sent me here to washington. larry: well said. >> thank you. larry: pleasure to see you again. all right, folks, joining me now, emily campagno, author of "under his wings," a look that -- book that i'm reading. listen, i've got a terrible chest cold, so is i'm trying not to cough, you're trying to pull
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yourself with together. >> poor thing. larry: i want to go to maine just for one second is. i know it's very cold, but i want to go back to maine. the governor of maine decided to pick a fight with president trump at the national governors' conference luncheon the other day. about trans, the issue of trans. she says, i'll see you in court, okay? and trump said, fine, we'll go to court. but he has had an executive order as far as education, could be out for holding federal grants for the state of maine. a republican, laurel libby, if i get this right, is a are republican legislator in the maine legislature. she posted pictures of a biological male in the state's pole vaulting, track and field, pole vaulting, okay in last year the biological male entered the pole vaulting contest on the men's side. this year the biological male
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entered the pole vaulting contest on the female side. he thought that that was -- she thought that that was profoundly unfair. i happen to share that view. and she posted a bunch of pictures, and the maine legislature then got so put out that they -- i don't think they'll let her rote anymore. i'm not sure they're even going to let her talk on the floor, but they won't let her vote because she put these pictures out. i think that's absolutely nuts, just crazy. >> i think it's a vile perversion in multiple ways, but of how the legislature works. now, let's dig into this. first of all, they voted 70-74 to censure this individual on the grounds that she posted the photo of the minor. of the irony here is that minor if's photo was already blasted throughout media, throughout the country. is as she defended herself, i didn't put anything out there that already wasn't, and you're missing the point. you're trying to silence a vote that rightly calls out someone
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who failed at competing as a male, that person came in ninth place, only to, of course, be a champion this time around. when you talk about how she protested it and brought it to their attention, the reality is everyone did including a coach and a judge who had been at that prior competition when that person competed as a male and protested by not showing up this time around. and the fact that the maine governor who joins 19 other attorneys general in these lawsuits, frivolous lawsuits, virtue-signaling lawsuits in my opinion, says she'll see trump in court, i welcome that too because the law is squarely on his side. in stark contrast to the massachusetts circuit court that has decided to run rogue with approving a nondisclosure policy if someone's 11-year-old decides to transgender without notifying the parents. it is constitutionally well within the parental purview to keep control and, or certainly, to protect the biology of women. larry: won't the voters of maine be offended by punishing,
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democratic legislature punishing this woman, the republican who posted the pictures? as you say, lots of other people posted -- i mean, this is not a new thing, but she put it up there. they won't let her vote now. don't you think there's a backlash? maine, maine is liberal, but it's not that liberal. i mean, actually, trump did rather well in the last election there. maine does have a republican senator, used to have a republican governor. >> yes well, and i argue that it's very trite because unless and until she, quote, apologizes, that's when the vote is restored. larry: yeah. >> so i think the argument is quite solid that you could argue the censorship is unconstitutional a because it's disproportion nately quelling the voters whose voices she represents by demanding an -- larry: it's childish! it's stupid! >> exactly. [laughter] larry: it's a loser. >> exactly. larry: keep it up. it's like every democrat in the house voted for a $4 trillion
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tax hike by opposing the republican bill. >> correct. larry: keep it up, boys and girls. they're just going to elect republicans for the next hundred years. i don't even know if that's good, but that's what they're doing. get wise. i'm sorry. [laughter] >> exactly. i just keep thinking about the allen family in vermont. so neighbors to maine. he, the dad was a soccer coach of the school, the daughter was a soccer player. he was suspended without pay, she was suspended for daring to speak out against a biological male in the locker room. a, the court came in, saved them, reversed the decisions, installed the pay and restored her to school, but the point is that in the media coverage of that, they quoted, for example, steven king as a saying i stand with maine, i stand with vermont. why don't you boat the allen family? -- quote the allen family? quote the bioroj call girls at that championship that had their future collar aships stripped, the voices quelled --
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larry: has anyone checked to see if he has a condo in palm beach? [laughter] emily campagno, best of the best. appreciate it very much. don't miss emily on "outnumbered" along with harris faulkner p kayleigh mcenany weekdays, 12 p.m. every single day on fabulous fox news. i think i'm going to be with you on monday if i'm still kicking. coming up here on "kudlow," new housing secretary scott turner, great guy, great friend and former colleague, on ending biden era zoning restrictions and trying to preserve the suburbs. if wow, is that an important mission. scott turner on with the kudlow." thanks, emily. ♪ ♪ all she talks about since we saved hundreds by bundling our home and auto insurance. baby: liberty! biberty: hey kid, it's pronounced "biberty." baby: liberty! biberty: biberty! baby: liberty! biberty: biberty! baby: liberty! biberty: bi-be-rty! baby: biberty! biberty: and now she's mocking me. very mature.
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larry: all right. stop federal zoning and save the suburbs. join ising us now is our housing secretary, scott turner, he's going to tell us what's happening with that. congratulations on your post. number two, it's a pleasure to see you again. and, number three, we ought to save the suburbs and stop this federal zoning stuff. >> yes, sir. larry, it's so good to be with you, and thank you for always being so encouraging. you're right, we have to save our suburbs. i have the fair housing rule right here, larry. this is 75 pages of bureaucratic
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red tape. and really it was just crippling people from having the suburban american dream, and so we're taking it down today so that a we can restore our suburbs exactly how you said. larry: look it, i love to hear you talk on this stuff. you know all about it, and we've talkedded about this in the past. they want to use, you know, obama started this, biden made it worse. i mean, it's climate change regulations and public housing is going to go in the middle of the neighborhood regardless of what the local folks want. why can't we just cope it so the the -- keep it so the local folks run their own towns, not the federal government? >> that's exactly right. we're restoring local control, larry. this, in essence, is a zoning tax. you know, washington bureaucrats should not tell localities, you know, how to run their neighborhoods. neighborhoods, local leaders, they know exactly what they need, so we're going to restore local freedom, flexibility and power to the states and cities where it should be.
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larry: one other thing, scott, a lot of people -- look, you're housing and urban development. a lot of people in the cities, democrat-run machines in the cities, want to annex if suburbs to give them more money and power. but basically to tell the suburbs want to do and, you know, try to regulate them through that vehicle. and i think that's a something that, you know, that's a problem. it's a growing problem. >> it is a problem. and, you know, today we're taking down this rule, this obama-biden era rule, burdensome if regulations, larry, in our country is one of the biggest factors in the home affordability crisis that we have. here at hud we are laser focused in regulatory reform and restoring the control back to the localities. these rules and other others like it increase cost and decrease the supply, so we're reversing that. we're returning control back to the states, bringing costs down, raising supply up.
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so more people in america can achieve the american dream when it comes to homeowner hardship. we are focused on that -- ownership. we have a great team here, so count on us the fight for that for the american people. larry: that's where i was going, because i was going to say how can we utilize this to build some affordable housing? you started to mention if it, and i'd -- i'd like to hear more. because this is very important. you know, look, the gen-zers, the gen-xers, they're growing up, they're getting jobs finally. they voted for trump, at least that's what the polls show. they want to buy a home, you know, scott turner? they want the cash in on the american dream, and we ought to do everything we can to help them. >> absolutely, we should. and washington cannot pick winners ask and losers. so that's what a ffh did. washington was picking winners and losers, and so now the american family, the next generation of homeowners, they're going to start picking where they want the live, where they want to to raise their families,s what schools today want the put their children in,
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what parks they want to go on -- to on saturday is. we're excited about restoring freedom and flexibility back to our american people. larry: scott, 30 seconds, give me an upa date on enterprise zones, one of my favorites. >> oh, yes, sir, larry. you know the opportunity zone legislation that we worked on the last trump administration was extremely impactful, and so i'm looking forward to expanding opportunity zones, increasing opportunities for american families, creating new and better housingif new operating businesses -- housing so that everybody in america, the forgotten people of america won't be forgotten anymore. larry: just terrific. scott turner, the best of the best. good luck there, mr. secretary. we're all rooting for you. terrific tough. folks, i'll be right back with my last word. ♪ [sofi mnemonic] can a personal loan unlock your ambitions? oh yeah. consolidate bad debt and save money for your next goal.
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