♪ larry: hello, folks. welcome to "kudlow are." i'm larry kudlow.

full speed if ahead on the trump tax cuts to save us from the lousy biden economy. we've got treasury secretary scott bessent on that coming up when he can get free. right here on set with me is kellyanne conway. we're going to talk about the new media culture and democratic lies exposed. i just love this, books being written about the lies tata they've made. senate judiciary chair chuck grassley on his doge meeting, art laffer and wesley hundred on roaring ahead with the trumpian economic growth. and that's the subject of the riff. something's the subject of the riff. no, the subject of the riff is -- ♪ larry: -- let's get those tax cuts in place as soon as possible. to stop the potential biden any economy. -- the terrible biden economy. let's hope the republican caucus keeps pushing the accelerator down to the floor in order to get the tax cuts passed as soon as possible. was joe biden left -- because joe biden left donald trump a really lousy economy. for a moment there, i was worried that the trump tax cuts were going to be on the back

burner and falling off the stove. but that was solved brilliantly by speaker mike johnson and his house rescue mission. he even -- it even gave the stock market a temporary second wind. but new numbers from last year's fourth quarter just came out essentially showing a collapse of business and business investment including a large drop in machinery and equipment. if which is really the the heart and soul of the economy. even consumer spending was soft. retail sales fell harp. ly in january -- sharply in january. but without business investment, you're not going to get productivity or higher real wages or fatter working class wallets. actually, biden manufacturing had been in recession for over two years. housing in recession for even longer. the only thing joe biden gave us was massive government spending, drove up inflation and interest rates. and even now the biden-flation legacy is back again through 4%

in the past three months. that's' after rising over 20 over four years. working folks couldn't afford to live in the biden economy. and that legacy has left mr. trump with $2 trillion dollar plus budget deficits as far as the eye can see, which is why he's so so keen on helping elon's doge to curb fraudulent and corrupt spending wherevers it is found including -- wherever it is found including new efforts to retire bloated bureaucracy in the d.c. swamp. none of this is a pretty picture. mr. trump has a plan. that plan to cut taxes and deregulate and curb spending and drill, baby, drill. that plan if's gathering momentum after the house gop victory with two nights ago. i love reading in "the new york times" and elsewhere how the soggy economy is really mr. trump's fault. no, it's not. he was just in january 20th, for heaven sakes. it won't be mr. trump's economy

until after his program is fully in place. hopefully, that comes by late spring when the tax cuts get finished. now, expectations of policy success will wax and wane with the vagaries of congress, but trump is on track right now with a fully balanced, pro-growth plan that will produce more goods at lower prices. just what the doctor ordered, just what joe biden could never achieve. and don't listen to the ultra-left economists. we're to boeing to tell you that a little -- going to tell you that a little bit of trimming of the bloated federal work force is going to sink the economy. complete nonsense is. with a total civilian work force of roughly 160 million people, chopping off 50 or 70,000 in washington is not impactful. plus, they'll get severance, and they're mostly well educated. they get good private sector jobs which will be great for the

economy. indeed, the biden economy became a governmental economy. robbing the private sector of its strength and vitality. the whole point of the new trump economy so to revital aize the private -- revital aize the private sector or reprivatize the business sector. clear away the federal fat that has a blocked the free market arteries of success, and that will be a major trumpian achievement. just consider this for a moment. getting federal pending as a share of gdp -- spending as a share of gdp back down from roughly 24% now to its historic 20% in the next bunch of years could get economic growth back up from its paltry 1.8% trend to its historic 3% plus trend. that is worth roughly $3 trillion of private sector stimulus which will more than

finance the lowest business tax rates in the world. so congressional republicans, open the throttle just as far as it will go and take us to the new trump economy faster than anyone thought possible. move with due speed. and that's the are riff. and here we go. things are always shuffling around here, and kellyanne conway, fox news contributor, host of "here's the deal" on fox nation, is going to rescue us. going to rescue me one more time after all these years. >> got your own american rescue plan, larry? [laughter] look, that's an exciting opening because that's what the house and senate have to do. they have to extend if not expand these trump tax cuts from 2017 that you were so helpful with, larry. why? because, i mean, it just exploded investment and savings. these companies did not stick it in the pockets of the c suite, they invested in research and innovation, inventory and wages and benefits for their workers.

they did that by themselves, because when the government spends less money, then they have, we have more money for us to spend. and it reverses 100 or so corporate incursions. it brought that wealth that was parked healey overseas -- legally overseas back to this country. and can as president trump has incentivized folks and said, look, if you make more here in the usa a, we will help accelerate the permitting and approval process. you may get down to a 15% corporate tax rate. think about it, larry, it was 35% in 2017. it could be 15% if you'd just invest more in the usa a. if if you do away with these dumb acronyms, bml, crf, dei, and your acronym is usa. [laughter] larry: i love that. well done. i mean, really, it's a long journey for him, but you're right, from 35 to 15. and he's going to take down a lot of other taxes as a well. i mean, the whole package is just chock full of stuff that'll

stop the government sector which has been, i just say, you know, fat blocking the arteries of the free market economy. and we've got to stop that, get it out of the way. we're going to have scott bessent's going to come on. you're pitching in right now while we're waiting -- >> i'll be scott bessent's warm-up band any day. glad he's there with the m. of the u.k. for a very -- p.m. of the the u.k. for a very important meeting. larry: yes, indeed. let's stay on this summit is for a minute, free markets and liberty. very interesting. jeff bezos, who is the proprietor, owner of "the washington post" newspaper, a far-left organ, as you would say. so he sent this out today. i'm just going to read a little bit of it. it's very beautifully written, and i want to get your take because i think this is a sign of the times, okay? writing the let you know about a change coming to our opinion page. this is mr. bezos of the washington post. we are going to be writing with

every day in support and defense of two pillars, personal liberties and free markets. weal cover other topics too, but viewpoints opposing those pillars will be left to be published by others. i am of america and for america and proud if to be so. -- proud to be so. our country did not get here by being typical, and a big part of america's success has been freedom in the economic realm and everywhere else. if freedom is ethical, i minimizes coercion, and it's practical, and it drives creativity, invention and prosperity. i mean, i would have thought it was milton friedman -- [laughter] or arthur laffer or something like that, or kellyanne conway. this is really quite remarkable. now, we'll have to the see how he executes this, trust but verify, but this is one hell of a statement which would be a major reversal for a newspaper which has gone left for, i don't

know -- >> it's incredible. and this follows on jeff bezos' preelection note to everyone they were no longer going to enforce presidential candidates that led to resignations and people canceling subscriptions. people who are associated with that paper believe that it was always going to carry its water, reflect its point of view rather than report the news or reflect if diverse point points of view. guesserty also includes diversity of backgrounds and viewpoints. and for jeff bezos to say i am of america, for america and our twin pillars, personal liberty and free markets, he also said something -- he said two other things that were is so important, larry. he said, look, we have the internet for all the rest of it. you want to read anybody's opinion about anything, just click online. the other thing he said was years ago a local paper like "the washington post" had, it would want to have a broad section of opinion on different things, but that's long before

we only had broad is sheets. we had -- before al gore invented the internet. look, i think what bezos is trying to to say is this country has certain enduring principles regardless of your political affiliation. and do you know what the response was from many people? oh, my god, he's compromising an independent and free press. but telling the press cover free markets and personal liberty? larry: right. >> the also follows our vice president, j.d. vance, going to the a.i. summit in paris and the munich security conference two days later and what did he say? same message, free peach is important, and if you suppress it among your people, you are not democratic. you don't love -- you're not, you're not helping the folks to be part of -- larry: doesn't have the democratic values. >> i was there, or sitting there with the american delegation when the vice president delivered that in munich, and people, you could awed a by hear some of these folks, our european partners, grunting. larry: bezos after all, you know, i'll tell you a quick story way back when on another

network, jimmy cramer and i interviewed jeff bezos on set the first quarter he made a profit -- >> wow, at amazon. larry: okay? if amazon books. he was a businessman. >> yes. larry: a pragmatic, common sense businessman. i'm just going to say returning to his routes -- roots. i also think this is part of the new trumpian culture. it's like it's okay to be for business. it's okay to be for liberty. it's okay to be for free markets. it's okay to be for free speech p. do you follow where i'm going here? >> it's core if americana. again, it's not political. what's happening with the washington post under bezos is what happened with twitter under musk. larry: yes. >> twitter was playground and a cesspool for anti-trump, never trump screeds all day long, the never trumpers just tweeted each other about how terrible donald trump was. they're all but gone. they're at a something calls blue sky or red pillar -- larry: bye-bye. >> and i say this because elon

musk bought it and allowed voices back on there. no longer do conservatives, center-right, free market, liberty-loving people feel they're censored and silenced because of their support of president trump. and president trump himself owns truth social. this is the age of alternative media, of the democratization of information. trump won in part because of alternative media, podcasts and the like. karoline leavitt, his press secretary, has announced we're going to give seat it is to new people. this opens up a great, diverse country to more diverse viewpoints and also diverse channels. if you don't want the pay for a subscription, if you don't want to read the same stuff in the newspaper, you can tune in to a podcast, go to radio, sit in silence. that's your right. a. larry: stop taking dictation for the left wing. >> that's for sure. the only people who don't like it are those middlemen that donald trump is cutting out. he communicates directly with the people. he's taken over a thousand questions in the first month alone. you know who doesn't hike that? the people who have to listen to the answers to his questions who

can no longer hear themselves talk. larry: kellyanne conway bailing me out, you're terrific. we appreciate it. [laughter] >> thank you. larry: coming up, folks, full steam ahead on tax cuts. we think we have treasury secretary scott bessent up next on that -- yes, we do, i'm told. it's always tricky when you get these administration if people. they have obligations, reporting to the president. i was there once. so was kellyanne. anyway, treasury man, scott bessent, next up. we'll talk about the trump economic plan. i'm kudlow. thank you, kellyanne. ♪ ♪ ...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. but never does that thing... a sweet little breakfast nook. chase has financial guidance. let's see how you can start saving to make this happen. —really? —really? really. at home or in-person. you could also check out a chase money skills workshop.

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you think those phone guys will ever figure out how to keep 5g home internet from slowing down during peak hours? their customers have to share a wireless signal with everyone in their area. oooh. you know, it's kinda like when you bring a really big cake for your birthday, and then there's only a little, tiny sliver left for the birthday girl. aw. well, wish her a happy birthday.

happy birthday... -it's... ...to her. -no, it's me. have your cake and eat it, too. don't settle for t-mobile or verizon 5g home internet. get super fast xfinity internet you don't have to share. forty's going to be my year. larry: all right. great pleasure to welcome back to the show, treasury secretary, mr. scott bessent. treasury secretary bessent, thank you for doing this, we appreciate it. so one of the themes of the riff this evening is we've got to keep the accelerator down, get the tax cuts done as fast as possible, scott, because you could see the biden economy is sinking lower and lower. trump is inheriting a biden economic mess, a biden inflation if mess. i don't care if the new york times says it's donald trump's fault, he's been in office a month p. it is absolutely a hang over from biden. investment is crashing, housing is crashing, marinely --

machinely and equipment is crashing. -- machinery. i can't wait for the report from the big six group you're working on. >> larry, good to sew you. -- to to to sew you. on so many fronts the biden administrations ruined the economy over the past four years whether it was this out of control government spending that push9 the private sector -- pushed the private sector into near if recession, the affordability crisis for the american people, the high levels of credit card debt for low income consumers and as i've said if many times on your show, we're going to have to reprivatize the economy. and that's not going to happen on day one, but it is a process over the next few months. and as you rightly said, a big part of reprivatizing the economy is making the 2017 tax cuts and job act, renewing it,

making it permanent and then adding many of the program programs that president trump talked about on the campaign trail, no tax on tips, no tax on social security. and maybe some more incentives for domestic manufacturing. larry: so, secretary bessent -- by the way, i love the sound of that. how, which way the wind blowing in this group? the house wasn't quite there with the is so-called permanent tax cut. the senate, at least some of the senators seem to be there. i'm opting for a permanent tax cut. i would throw the it all in and make it permanent, even score its own baseline as a current policy baseline. but i you're in the truck driver's seat here for the administration -- in the driver's seat. what a do you think and where do you think, where do you think the house and senate will come out? >> well, larry, the president put out on a truth message if two days ago that he wants

permanence, and i am in favor of current policy which a align ares much. maria: with economic reality, accounting realitiful if so i think -- reality. i think that we are going to be able to get there. i'm going to be spending a lot of time with house members, with senate members to talk about why we think that that this is the best outcome for the american economy and for working americans. and, you know, larry, i don't have to tell you that, you know, it's certainty, but we may have to bring you down here, bring in the big, bring in the big names like you to be able to explain this to some of the house member, to some of the american people. and, you know, my message to these house members is i'm a deficit hawk. but we are not going to be able to do this all at once. we were left with a terrible situation, 6.7%, 6.9% deficits to gdp, and we're going to bring this down slowly, reprivatize

the american economy, reinvigorate the regulated banking system and private, the private sector. larry: well, i'm happy to help out, as i think you know. because i think good policy. i think it's good for the country. we can't keep growing at these subpar rates. we can't have a government-bloated economy, okay, which is so lopsided. as you say, reprivatize. we have to have a resurgence of free markets. i mean, just reading jeff bezos on the washington post today, he's going free market. we need to have the whole country go back to free market. and trump a free market guy. he's a business guy. you're a successful business guy. the sooner we get from the, the better off we're going to be -- we get there, the better off we're going to be. i mean, i reckon, scott, if you could get 3% growth in the next couple years, let's just assume that a for a second, that's worth, i don't know, several trillion dollars minimum.

several trillion dollars to finance everything else that we need. >> and, larry, as you and i have talked about a, changing the growth trajectory of a nation changes the debt dynamics, and, you know, as i always say, i am america's leading bond salesman, and i have a great story to tell. we're going to get this tax bill done, and that are increase growth -- will increase growth. we are committed to common sense if in if government, more efficiency, rooting out waste, fraud and inferret city -- inefficiency. so we're going to bring costs down, revenues up x that's a fantastic growth scenario. so we'll make the tax cuts permanent if, we'll bring energy costs down. and, larry, as you know better than anyone, one of the biggest costs on if -- on the american people have been these out of control regulations that the

previous administration put in. and the president trump's first term the goal was to eliminate if three regulations for every one that was added. i believe it worked out to seven were cut for every one that was added, and the goal for this administration is to cut ten regulations for every one it is a added. and, you know, i think we can end up with a lot less friction costs, and that ends up in consumers' pockets. larry: secretary bessent, you talked about a being a bond salesman. so you've had pretty good luck so far, i'd say, in the last four or five weeks. bond prices have gone up on the 10-year, and yields have come down. i don't know, heavy come down 50, 60, maybe 70 basis points. when we last spoke on the air in washington, you made a lot of news by saying that you and, i think, the president like to look at the 10-year. you can see we have a full screen that shows how much it's come down. what do you think about that? how do you explain the drop in the 10-year?

>> well, larry, i'd like to think that some of it's not luck are, some ofs it is policy -- some of it is policy and it's the bond market tart thing to understand the power of what we are doing here in terms of cutting waste, fraud and abuse in the government. you know, if you think that the government equal withs spending minus taxes that for probably for the past hundred years, you know, our side wanted to raise spending less. the other side wanted to raise spending a lot. and then their side wanted to raise taxes a hot, we wanted to cut taxes. but, larry, what if spending actually went down? i think that's what the the bond market's starting to sniff out. i was in the investment business for 35 years, and the bond market is really the ultimate voting machine. and that's why when i did my first interview with you as treasury secretary, i really wanted to flag the 10-year.

because that's what we're laser focused on. and more importantly than the 10-year rate is since president trump won in november, the spread between the 10-year and mortgages has come down. a. larry: yeah. >> so some mortgage rates are down more than the 10-year. we've seen the housing market tall out here, and i think if we can -- stall out here, and i think if we can get that down a little more and convince americans that a they're going to have real wage increases, then the housing market could come back to life again. larry: you mentioned spending rates coming down and bond rates coming down. it is possible that this reciprocal trade policy that mrs going to go if into place soon, you know, tariff rates could come down, secretary scott bessent. i think a lot of people on wall street have forgotten that option exists. the president is a good negotiator, but he's putting the

heat on to mexico, canada, china and so forth. i mean, how do we -- tariff rates reciprocally, if there is such a word, could welcome down. i don't know why people won't think about that. >> yeah, larry, because it doesn't fit the narrative. and, look, i can tell you president trump has said that reciprocal -- i mean, excuse me tariff is his favorite favorite word. i think reciprocal is his second favorite word. and if we're putting it in the hands of our trading partners. so if you have a big tax on u.s.-imported cars and we have no tax on your cars or a small one, if you come down to our level, then there is no tariff increase. so so it's going to be totally dependent on the behavior, the attitude of our trading partners to engage with this administration. and, you know, i'm very open to the idea that you said that the tariffs could go away, or if

someone wants -- if a nation wants to be recalcitrant, they should not doubt donald trump's resolve, as you just said. larry: i know. because if they want to do business here, they're going to have to play ball on in this. and if they want to get the lower tax rate, they're going to have to play ball. and i just want about to put that on the table again because i think wall street is wrong in always assuming the worst. last one, cost intense. scott bessent. i guess you were the first to talk to zelenskyy in ukraine about this rare earth minerals deal. i guess he's coming to washington tomorrow perhaps. to sign this deal. you were the lead on this for the president. can you tell us a little bit about it? do you still expect the deal to be signed, and what's, in general, what's in it? >> sure, larry. is so i went to kyiv two weeks ago and met with president zelenskyy. since then we have struck a

deal. their governing council approved the deal last night, so i have an agreement from their economics minister. so the the deal is done. president zelenskyy is coming here to sign the deal tomorrow. so there is no more negotiation. there is nothing else. i'm sure president zelenskyy and president trump will have a wide-ranging discussion. but as far as the deal, it is complete, it is the on paper, and the ukrainian government has approved it. it is just awaiting the signature of the two heads of state tomorrow. and it is a deal on strategic minerals, oil and gas and infrastructure assets. and it's really a win-win because it brings the ukrainian people and the american business community closer together. it shows the american people that there is upside here for

them, tata we have not squandered the money because, you know, the american people are always concerned about overseas interventions. there's a lot of corruption. so this deal takes out the possibility of any if corruption using americans' best practices. so i think it's very exciting. president trump is going to be the first president ever to create assets for american people rather than debt. larry: terrific stuff. anyway, congratulations on that, secretary cost bessent. thank you for joining us -- scott bessent, thank you for joining us. we always appreciate it very much. >> good to see you with. larry: all right, folks, coming up on "kudlow," full steam ahead on the trump tax cuts. we need growth. art laffer, congressman wesley hunt, we're going to talk growth some more. growth solves so many problems. that's' the key point i want to make. and remember, please, "kudlow" available as a podcast. episodes every weekday right after the show on spotify and apple and fox business

podcasts.com. correct that, fabulous fox business podcasts.com. ♪ larry: i'm kudlow. be right back. ♪ (♪)

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larry: i want to stay with the growth theme. trumpian growth is so important right now, and biden has left us with a very poor economy. let's talk some more about this. there are different angles to it. we welcome back texas congressman wesley hunt and art laffer, former reagan economist, co-author of "the trump economic miracle." congressman hunt, wesley hunt, i just want the start with you. something that's not part of the reconciliation package -- actually, it might be at the end. but the methane tax on natural gas, apparently, has been lifted in the senate. i think you all took it out of the house, you sunk it in the house last week or something. that's a big plus for economic growth. that's' a big plus for the production of oil if and natural

gas, isn't it? >> yes, it is. the keyword here is growth, growth, growth. if you think about it, we produce oil and natural gas safer and better than anywhere in the entire world. and why in god's name we continue to empower our adversaries when we could literally export our lng and our oil and gas to our countries and also supply this country with clean energy. we shouldn't be restricting these oil and gas companies as to what a they can do and how they produce. we have got to roll back all these restrictions, roll back the biden policies that were killing our oil and gas try and unleash american energy on the entire world. and i love what president trump doing in terms of making other people pay their fair share. i love the tariffs. and, again, supply-side economics works, you know better than anybody else, and unleashing american energy is a big part of that recipe. larry: well, arthur laffer knows it better than anybody else. i think he taught the rest of us

down through the years. [laughter] arthur, i was talking with kellyanne and then with scott bessent about a in this. if you can grow the economy, historically since world war ii, the historic rate has been better than 3. now, the cbo plugs in 1.8% and p actually, 1.8% is close the what we've had for nearly 20 years which is very unfortunate. but the differential between 3 plus, art, and his than 2, that differential in terms of resources is about $3 trillion over a period of time, 5-10 years. that will pay for tax cuts and deficit reduction and a whole lot of other things that everybody needs. that's how important economic growth is. makes america richer, makes our businesses more prosperous. i mean, that's what's at stake here. i sometimes don't think people understand the cig is enough cannes of growth -- the significance of growth, arthur.

>> growth is the key, as a wesley said, the three words, growth, growth, growth. it's the right answer. and what trump has done and what i think the house did and i think we're going to be successful in keeping the, tax cuts and jobs act together, and all that together should lead to a substantial increase in growth for the u.s. now, let me just go back to the tax cuts and jobs act, larry, if i can for a second. you know, when that was passed in the fourth quarter of 2017, you know, growth in the u.s. had been matching the rest of the world, especially europe. and then all of a sudden it took off relative to the european if growth rates. and by the end of two years, our growth had exceeded europe's growth by 2.5%. that type of growth differential is enough the pay for all the bills,, the tax cuts and jobs act paid for itself. it reduced poverty. it brought in all sorts of prosperity. that is the type of thing we need to do again. and what wesley said about energy prices being low, there's nothing more pro-growth and

pro-prosperity than very low cost energy because energy goes into every aspect of gdp growth and employment. i'm really very excited about this prospects for this economy. larry: wesley, let's stay with this. you know, left-wing economists, the congressional budget office a, various left-wing newspapers are all going the try to talk everybody out of these tax cuts, and they're going to say the tax cuts are going to be increasing budget deficits. just look at what the cbo is saying. even though the evidence is absolutely to the contrary. you know that fight is coming. and you have a right to make your own baseline, and i think speaker mike johnson is going the go in that direction, and i think senator john thune may go in that direction too. but they're going to try and talk you all how of it. so the question is, what will you say? the question is, how you fight back? >> my answer's going to be very simple, larry. it worked before when president trump was in office the first

time. and i'll never forget when barack obama said you went wave a magic wand and have over 2 growth. well, ab a raqqa a dab rah, he waived his -- waved his wand and he did -- abracadabra. again, growth, growth, growth. we can actually do this again, and we already know the outcome. the only thing we have to do in congress and as a body is enact on what we already know. and, again, president trump's agenda was given to him by the american public. we must act on this know now. we already know the outcome. we just have to have the stones to do right by the american people and stick with the trump agenda. larry: that's right, the stones, the chops. you got it. you can't let go. >> the stones. [laughter] larry: i love that. you can't let go for one minute. [laughter] arthur, you've got to do it all at once, right in. >> yes. larry: put the new stuff in too. get it done all at once, arkansas a thursday. arthur. >> yeah. you should do it all at once. the lower energy will help growth, the tax cuts and jobs

act reinstatement will absolutely help growth. what you're going to see happening is inflation will be coming down, which i really do expect it to come down. and that that means that interest rates will come down because of expected inflation. now, there will be an offset because the tips yield, the real return on capital, will be increasing. but we've got a whole package here that will lead to the lot higher growth. and then, because we're going to to control spending, larry, all of that spending, you won't have the income effect on these people, and you'll find that the participation rate and the employment rate in the labor force will increase. and i think increase quite substantially. i think we could have growth at 3% or higher even in the next 2-3 years -- larry: how long will it take? if how long will it take, arthur? >> it should start, well, we should get the growth rates up the that level within the year. larry: march all right. >> clearly within a year. we've got the tailwind of biden coming in, but once those things start hitting, we should have

growth rates at the end of this year in the 3 miss-percent -- 3 plus percent range. larry: one more, congressman hunt. if you have this growth dividend tend and it's in the cards and it's been done before like you're saying, a lot of that resource increase can go to defense, national defense, which we are going to have to have. once hegseth takes out the froth and the fraud and and chops some things down, what we really need in terms of actual investments to make us number one in the world and peace through strength and so forth, that's part of the growth dividend also, sir. >> it most certain seasonally is. ask pete hegseth actually wanting an audit of the defense department is absolutely fantastic. imagine that, we're going to have an audit. [laughter] what i love about that a is getting rid of fraud, waste and abuse, again, focusing on growth, focusing on hoe regulation and, again, unleashing american energy, making sure we have a lethal

force, not dei. the strength is not our diversity. our strength is our lethality. but we can do this without wasting a ton of money. and it's going the take all these inputs to make this happen. andas a member of congress, i do want to say this too, larry, let the cake bake. let president trump cook. it's going the take some time to get this stuff through. he is negotiating. he is a negotiating master. have some patience. but with i do think arthur is right, and about a year from now we're going to see a very different country than we have right now once these policies start to set into place. larry: all right. terrific stuff. gentlemen, i appreciate it. art laffer, congressman wesley hunt, appreciate it. coming up here on "kudlow," the supremes to the rescue for doge plus president trump's constitutional cleanup. what i'm saying is, activist judges should stop messing around with president trump's executive powers. he's doing right by the country. we'll talk about all that with

counselor to the president avenue lean that habba, next up -- alina that if habba, next up on "kudlow." chocolate fundraiser. ♪ with the chase mobile app, things move a little more smoothly. ♪ deposit checks easily and send money quickly. [coins clinking] ♪ that's convenience from chase. make more of what's yours.

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♪ larry: all right. great pleasure, we welcome back to the show alina habba, counselor to the president. thank you for doing this.

i know you're awful busy. listen, i just want to -- it's almost a rant, but let me pare it down. so so the supreme court finally lets the doge go through, shut down usaid or most of usaid, the foreign aid. okay, fine. what i don't understand though, how these activist judges with axes to grind against trump can can keep going against his constitutional a authority. it's called, what is it, article ii, right in it's executive branch presidential billion authority. and how can -- presidential authority. how can today continue to thwart what he is trying to do? even the "wall street journal" with, which is all critical, they're -- often critical, they're behind them on this. this has to to stop. the supremes or somebody has to step in and say, no more. specific judges cannot derail presidential authority, alina. minute's got to stop this. -- somebody's got to stop this. >> yeah. i think once we get a couple

supreme court decisions like we have been repeatedly saying we win, you lose u, your restraining order, temporary restraining orders that they're initially getting are constantly falling apart once these judgements, the activist judges, no longer have it and we get to the appellate court, in some -- instances the supreme court, they're going to become irritated with this behavior. i think, more importantly, we have bigger fish to fry right now. them trying to stop us from doing, what, saving money in not wasting it? not spending $2 billion that are clearly going to ngos that might have been lining bureaucrats' pockets if that's what we want the take up the time of the supreme court of this country in doing? i don't think so. this is the lawfare that we've seen and spoken about ad nauseam, larry, for how many years now have i been coming on and and talking about it? in i thought it would stop when we won in such a massive mandate, but they haven't gotten the memo yet. larry: they also -- look, presidential policy here.

we talked about this a month if back or longer, presidential policy wants to pause certain funding programs for review. for review. and then come back and have a look at it. and you've got judges saying you can't even do that. now, that is absolutely within the president's domain. he has absolutely every authority in the world to pause and review stuff that hasn't even been sent is out yet. >> that's right. and what they tried to do and the supreme court stopped last night in another rickety for us was love -- victory for us was shove down our throats that we had to spend $2 billion immediately because of prior contracts that the prior administration, there was no question about it, tried to rush deals, tried to spend money very quickly like we saw with the hotels in new york and thought we wouldn't catch it and claw it back. so we're not going to be held to the same frivolous, careless, reckless disregard standards at the last administration had. and the courts are siding with us. unfortunately or, this is crazy. i think we're at a 65 now lawsuits with them trying to

stop doge from doing exactly what the president has asked, exactly what he is constitutionally allowed to do which is to run this country and make us better, our economy stronger. larry: you know, the other thing even more generally, alina, okay, trump's executive power of restoration, okay? all these agencies, they're not independent of the planet earth, okay? they exist if -- [laughter] the president appoints the chairs, the president appoints the members of the commissioners. i'm just going to read you -- sec, fcc, ftc, fec, cftc, cp -- cfpb, ferc, fdic, the federal reserve. if look, there's so many of these agencies, nobody even knows how many there are. people who ran the oversight committee don't know how many there are. >> yeah. [laughter] larry: they should be urn reviet number one, and they should be subjected to presidential policy to.

this idea that they're a fourth branch of government is craze i. and again, alina, i appeal to your legal scholarness because this also is about executive authority. this is article ii as well. >> yeah. it's very simple, if we do not have an executive running this country under that a executive authority granted by the constitution that you mentioned, then we do not have coordination with hundreds of thousands of individuals, thousands of people, cabinet members would have no if coordination. it would be nonsensical. the president is supposed to run this country, and he does and he is. and that's the truth of the matter. and, by the way, this is acronym mayhem in d.c., i can tell you can. manager i did not foresee. every meeting i go in, i go, no acronyms, tell me who we're talking about. and i could have listed a ton more, dhi, dhs, it goes on and on and on. the president is well versed and is ready the coordinate. he's not, he's not ordering things that are not being coordinated.

yes, he makes an order, he files an executive order, but we all have to do that. larry: he's the president. he's the president. he was elected. >> yes with. larry: alina habba, appreciate it very much. see you soon. folks, i'll be right back with my last word.ea ♪ re without a prescription. eroxon gel is clinically proven to work within ten minutes, so you and your partner can experience the heights of intimacy. new eroxon ed treatment gel. this is clem. clem's not a morning person. or a night person. or a...people person. but he is an "i can solve this in 4 different ways" person. and that person... is impossible to replace. you need clem. clem needs benefits. work with principal so we can help you help clem with a retirement and benefits plan that's right for him. let our expertise round out yours. [sofi mnemonic] can a personal loan unlock your ambitions?

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