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tv   Cavuto Live  FOX News  August 6, 2022 7:00am-9:00am PDT

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carley: the booze, definitely. joey: i have to give it up. carley: what a good cause can. boot campaign.org. joey: boot campaign.org. go tell the veterans you care about 'em. will: thanks for being with us on "fox & friends." have a good standard. [cheers and applause] ♪ ♪ david: you are looking live on capitol hill where where senate democrats are preparing a spending bill vote they say is going to bring prices down, but over 200 top economists are now warning it will only send prices way up. and on the heels of a strong jobs report, others worry what this manchin-schumer bill will do to job creators. welcome, everyone, i'm david asman in for neil cavuto, this is "cavuto live." we begin on capitol hill where
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the spending showdown is about to go down. chad pergram following it all, a lot of details to pull together, but he's the man to do it. chad, what's happening? >> reporter: david, good morning. senate democrats aim to pass the climate, health and spending bill this weekend, but it may be a long weekend. we just got a ruling from the senate parliamentarian, she green lighted a provision in the bill to let medicare negotiate the cost of prescription drugs. democrats say that makes the cost of pharmaceuticals cheaper. elizabeth mcdonough has a lot of sway in process. >> the closer you can demonstrate a connection between what you're proposing and its fiscal impact on the federal budget, the more likely it is that it qualify for a simple majority vote out will. if i it doesn't, if it runs afoul of the rules of the road and/or is more designed to impact private sector activity -- >> reporter: on tapped today a
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marathon vote session with perhaps 15 consecutive hours of votes on amendments, the gop will try to engineer i tough votes to either tank the bill or put vulnerable democrats on the spot. >> the overwhelming -- when we pass this legislation, that will, that a will dominate. and these amendment as, voterama legislation amendments, will be dwarfed that we're actually helping the american people instead of just playing political games. >> reporter: republicans contend the bill will fuel inflation. >> the one hinge i can tell you about this -- thing i can tell you about bill, it will not lower inflation. the same people who said the american rescue plan would rescue you have allowance you back into the water. have thrown you back into the water. we're naming gas taxes in the name of -- raising gas taxes in the name of lowerren nation.
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>> reporter: republicans are grousing that the government will hire thousands of new agents to investigate tax cheats. the senate has a vote later today for attendance, democrats can only pass the bill if all 50 of their members vote yes. david? david: and, chad, just a final point, the supersizing of the irs, this is a sixfold increase of the irs spending from $12 to 80 billion? that has been ruled on by the parliamentarian? >> reporter: yes. david: new taxes in the so-called inflation reduction act worrying business owners and middle class taxpayers. should they be worried? with me now is scott hodge of the tax foundation. thank you for being here. details, obviously, are still being hammered out here, but from what you see, will this increase taxes on the middle class? >> what they're trying to do is hire about 87,000 new auditors at the irs to harass small
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businesses and private individuals. when the irs looks at the total amount of taxes that it's supposed to collect, they think that they're what they call the tax gap, they think most of that tax gap comes from small businesses underreporting their income and from private individuals like ourselves. and so their idea is if they hire more auditors, that they can start to crack down on those of us that they think are underreporting and raise more revenue. but the real problem here as identified by the taxpayer advocate is tax complexity. that's the biggest problem facing taxpayers. and this bill will actually make the tax code much more complicated by adding a couple of dozen new tax credits for everything from new hybrid vehicles to all kinds of environmental projects. so this is, it actually compounds the problem facing taxpayers today. hiring more auditors is not the
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solution. david: some people are saying, well, they're just tax cheats, who cares about them? and that's fine. unlike a lot of big corporations, small businesses don't have the accountants and the lawyers to battle with the irs if they think they're incident -- innocent, so sometimes they just pay it off because they can't afford a long, extended battle. that's what's going on. we also have a chart on the income brackets and who is being targeted by the irs. clearly, to onus falls on smaller business and the middle class. >> well, that's where the money is, you know? [laughter] like every bureaucracy, they're going to follow path of least resistance. they're going to go after folks who cannot defend themselves, cannot afford the high priced lawyers and accountants to defend them. and this is going to be a big problem for those of us in the middle class. and especially those of us who are entrepreneurs or want to be entrepreneurs who spend more time doing tax accounting than they are running their own business. and that's not the way it should
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be. we should have a simple tax the system that's easy to comply with but easy to administer. the i are rs is in the process right now of hiring 5,000 people to help them deal with the back load of 17 million paper tax returns. they are that far behind. and yet they say that we're the problem? no. the irs is broken. it's fundamentally broken, it can't fix itself, and adding more auditors and adding more to its budget is not the solution. david: and adding more regulations that force small business to hire more accountants that they can't really afford particularly with the labor shortage. it is a mess. by the way, what will it do to growth? very quickly are. because we've had two negative quarters of economic gdp. we can't afford to have a third negative quarter. despite the job gains, which are great, the economy's going south. this might just make it even worse, no? >> yeah. the bill is kind of fraudulent
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because it actually increases the deficit in the near term. and all of this so-called deficit reduction that they're promising comes years and years in the future. and so, you know, what they're doing is a little bait and switch here to kind of -- [laughter] to try to convince us to buy into this thing when it's actually going to be harmful to the economy. our modeling showing that it's going to reduce jobs by at least 30,000, it's going to reduce the size of the economy, reduce capital investment. this is not what the economy needs right now. it needs lower taxes and less -- david: less complexity as well. scott hodge, good to see you, thank you for being here. so with the latest employment report showing companies were busy hiring, will new taxes and the massive spending bill cause job creators to become job cutters? here to discuss it, michael santo and steve moore along with strategist kathryn rooney barrett. good to see you all.
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you don't raise taxes in a down economy. i now, i know it's a lot of discussion can about whether it's a recession, but we've had two negative quarters. in that's a slowdown. you just don't raise taxes in a slowdown, do you? >> you don't raise taxes, you certainly don't implement what is called a tax -- inflation reduction bill which effectively is going to, as your previous guest mentioned, do exactly the opposite. the u.s. economy is at a crossroads, and the important thing here is inflation and the consumer. the consumer is hurting, the consumer is facing double-digit inflation rates on food and gas. so, certainly, what you don't want to do is increase taxes, decrease incentives for investing and throw the economy into further into with contraction. david: and, steve, we know what works and what doesn't because we have history to guide us. i mean, we have two presidents who came into a recession and
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got out of it. one was ronald reagan in the early 1980s, and they had to kill inflation, and in order to do so we had a recession, but what brought us out of that recession was lowering taxes and lowering regulations. he had an 8-year term of an average growth of 3.6%. on the other hand, we have barack obama. he came in with a recession, he increased taxes and increased regulations. he had an average growth rate of under 2%. so if you want to grow the economy, you don't raise taxes and regulations, right? >> well, you're exactly right about that, david. you started off the show noting that there were 200 prominent if economists who basically say this will increase inflation. by the way, i'll raise my hanker i'm one of the people on that list. [laughter] you know what's so interesting is the left has this similar letter by prominent economists saying that it won't cause inflation. what's funny if about that, david, is these are the same people a year ago who said that
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the biden plan last year wouldn't cause inflation, and we have 9% inflation. why would anyone listen to them? obviously, if you spend more and tax more, you're going to make inflation worse. and you know what? it doesn't actually matter what economists like me say, david. a poll shows that just came out yesterday less than 15% of americans believe this will make inflation better, and most americans are right. they think it's going to make it worse. david: well, michael, you're spending more money. i know they claim over the long term we'll end up cutting the deaf the sit, over the long term we'll end up -- but when the government spends more money, isn't that what causes inflation? >> no, not exactly in this case because we have an unusual type of recession here, if you call it recession, where the economy is also somewhat overheating. so some of what's causing the inflation is an overheating economy and increasing some taxes is like hitting the brakes lightly, and that's many concert
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with the fed. and if it stops overheating, the taxes can actually be lowered. but a lot of this bill is actually an energy bill, and we do have energy challenges. and i know there's gas provisions for nuclear energy, so it's not some extreme leftist progressive -- david: well, it does. but, katherine, at the same time, it has provisions for tax rebates for electric cars in there, but most americans can't afford those electric cars, not right now because they're squeezing themselves just to put food on the table. >> yeah, that's right. very difficult environment. and the fact is that the inflation reduction bill is everything but, as we've alluded to, it tackles climate change, it talks about additional goodies, you know, additional spending that has nothing to do with inflation. it's kind of humorous, david, to think about the government thinking that it can with some bill bring down inflation. it reminds me of infrastructure plan of the current a year or
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two with ago which was packed with climate change, increases in medicare that had nothing to do with infrastructure. the same thing is going on, let's be honest. david: you're not old enough to remember, gerald ford, a republican president, he just thought that a pit would help, and it didn't. steve, bottom line is, to michael's point, a lot of people say the economy's too hot. but isn't the problem that we're not producing enough of? one of the sides of inflation is if you have too few goods because we have supply chain problems, labor shortage, etc., but also because we have inflation, we're not producing enough. maybe it's not that the economy's too hot, but that it's just not producing enough? >> well, economy too hot, i mean, i don't know what you guys are talking about. we just had negative growth, so the economy is in recession. i mean, now, a soft recession, it's a mild recession. the biggest problem for american families right now is if this is
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a cost of living recession. americans are getting crushed by this 9% inflation rate. we got a good jobs report, david, but it shows wages up 5.2%, inflation up 9.1%, the average american family has lost $4,000. raising taxes makes no sense. david: we've run out of time. thank you, guys. appreciate it. and gals. the senate showdown in less than two hours. ahead of that virginia democrat senator mark warner is going to be here live. but first, china ramping up drills near taiwan as it cuts down on ties with the u.s. is a major conflict coming? and texas governor greg abbott telling new york city mayor eric adams why he bussed a big group of migrants to the big apple. the responses, coming up. ♪ ♪ (cool guy) $30...that's awesome.
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david: tensions still rising around taiwan. china halting ties with the united states while boosting military drills all over the island after a house speaker nancy pelosi's trip there. lucas tomlinson is at the white house with more. >> reporter: hi, david, good morning. moments ago taiwan's defense ministry says china has launched over a dozen aircraft simulating attacks on the island. secretary of state tony blinken weighed in from southeast asia. >> china has chosen to overreact and use speakerrer pelosi's visit as a pretext to increase military activity in and around the taiwan strait. >> reporter: blinken's chinese counterpart responded. >> translator: we wish to issue a warning to the united states. do not act rashly. the united states, do not create a greater crisis. >> reporter: in the past phi days, more than 150 chinese jets have been dispatched to participate in war games simulating attacks on the island
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following nancy pelosi's visit to taiwan. china's launched over a dozen ballistic missiles, some flying over taiwan for the first time in history, some flash -- splashing down in japan's waters also for the first time. warships have not crossed into taiwan eastertorial air space or waters, of course, that would be with considered an act of war with. following her visit to taiwan, nancy pelosi delivered another stern message to obey ginning from japan. >> they may try to keep taiwan from visiting or participating in other places, but they will not isolate taiwan by preventing us to travel there. >> reporter: china's war games are supposed to end tomorrow, taiwan has scrambled fighters in response. the tensions remain very high in the region, david. david: lucas tomlinson, appreciate it. are we closing in on a major
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conflict with china? let's bring in author of "the coming collapse of china," gordon chang. gordon, thank you for being here. a major piece in the "wall street journal" that answered that question how it could affect us. if there is an invasion of taiwan by china, this piece says according to the rand corporation one year of fighting would reduce america's gross domestic product by 5-10% and thigh that's by 25- china's by 25 the-30%. a global depression would be all but guaranteed. do you agree? >> it could even be worse than that, david, because remember, the global business community, the global financial community really is just should having off these rumors of tension. they really aren't doing that much. i think that if there actually were conflict, they would be shocked. the global markets would tank and also, remember, in a wartime we're probably not going to get
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shipments from across the pacific. the skies and the seas will not be reliably safe. that means we're going to have real supply chain disruptions. i think that it's much, much worse than "the wall street journal" report suggested. david: wow. and the "wall street journal" report is pretty sobering. by way, they mentioned that 90% of world's semiconductors come from taiwan. those are the chips that are preventing us -- or the lack of which -- from getting cars, washing machines, a lot of things. is there anything we can do about it short of sending in our troops? >> well, first of all, i think9 that the president of the united states should use his executive powers to force factories back to this side of the pacific. you know, in this era of degloballization we've got to become self-sufficient. and that's what the "wall street journal," for instance, in its editorial on the chips actually forgot. it was very persuasive, said the
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industrial policy was wrong, but it forgot that we may not be able to get anything from taiwan, from asia, you know? this is much more serious than i think the business community thinks. so we've got to become self-sufficient. david: you know, the president of china's about to be crowned sort of like mao tse-tung with the party conference that they're having. but -- and while his military is the strongest it ever has been, his economy's getting weaker because of their bad covid policies and because of the global recession, etc. does that make them more or less dangerous, the pact that their economy's right on the edge now? >> yeah, certainly more dangerous. you know, if it weren't for robust exports and investments from wall street into the equity markets in china, the chinese economy would completely fail. you've got the debt crisis, the mortgage boycotts, the bank runs, you know, their economy is in contraction, and i think xi
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jinping has the incentive to try to dissing tract the chinese people from his disastrous policies, and he can only do that by picking on taiwan, india, japan, the philippines or united states. david: gordon chang, thank you very much, appreciate it. coming up, if soft on crime d.a.s won't do it, they will. fearless americans taking crime fighting into their own hands. but first, elon musk's legal battle with twitter is heating up even more. the new dramatic twist coming next. find your rewards so you can reconnect, disconnect, hold on tight and let go! stay two nights and get a free night. book now at bestwestern.com. announcer: type 2 diabetes? stay two nights and get a free night. discover the power of 3 in the ozempic® tri-zone. in my ozempic® tri-zone, i lowered my a1c, cv risk, and lost some weight.
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♪ david: well, elon musk willing to close his deal with twitter, tweeting today that they can move forward with the $44 billion takeover and only if the social media company can accurately confirm the number of
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real users on the platform. twitter has continued saying his alleges about -- allegations about phony users are bogus. a former federal prosecutor on where the fight goes from here. good to see you, katie, thanks for being here. so if musk can prove that the sec filings of twitter were false or manipulated somehow, can he walk away from the deal? >> well, i think, absolutely. i think elon musk makes a very reasonable point that he needs to to know literal value of the inventory that he is acquiring here. witter has responded saying that they've given him all the information that exists. i still don't know that it gets to the final bottom line of how many bot accounts are on there, which i think court will find to be a reasonable argument. david: but is the onus on them to prove that their filings are real or on him to prove that they're false? >> well, it's really on elon musk at this point, i think, urn the terms of agreement to show that twitter has materially
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negated from the terms. but when he's acquiring a company, i think the bottom line is he does need on able to value the company itself, and these bot accounts are really directly connected to any sort of monetizable use of twitter. so in terms of proving that twitter didn't discan close to proper information, i think the onus still falls on elon musk for that, but twitter has to respond with convincing evidence that they have done so. david: just to be clear for our viewers, the reason that this is so important to elon musk is all about money because you make your money from advertise thers based on how many real people are using the product. and if, in fact, they've been overstating he says as much as 45%, overstating amount of real people that they have instead of these bots, these electronically-conceived things that happen that aren't connected to people, then the value of the company goes down dramatically, right? >> well, absolutely. that's exactly the bottom line here. now, twitter in their response
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tries to say that elon musk didn't specifically ask for this information and tried to skirt around the information, but really this information about the bots and the spam accounts is really the only thing that matters because that's the only a way he can directly value the as assets of the company which any court is going to want to see if they're going to require someone to purchase another company. so i think that elon musk does make a good point if twitter has not disclosed reliable methods to value company, then i'm not sure how the court can force him to to move forward with that deal. david now, if he does take over, we know that he's going to dramatically change the character of the company. a lot of employees have already expressed their dislike for him, for what he plans to do. bringing -- getting rid of some of that editorial control that they now have what goes over twitter, so he's hot going to get much help from people merchandise the company to prove his point, will he? >> well, i wouldn't expect that
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at all. but, obviously, the court did decide to move forward with this deal -- the board did decide to move bard with deal. so i don't know that's necessarily what will underlie the court battle at this point. david: yeah. >> but, certainly, if elon musk is not just using this information as a ploy to get out of the deal or a -- to get a lower price, i think it's a legitimate -- david: katie, final point. loan is an eccentric kind of guy, and the sec, the regulator in the government, don't like eccentrics because they don't always follow every tick, cross every t, dot every i. is that going to be a problem for elon in trying to make his case to regulators? >> well, elon made allegations that twitter has actually filed fraudulent climbs, or filings with the sec. david: yeah, true. >> if he doesn't put forth any
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evidence to show that's legitimate, that could raise eyebrows with the sec is -- if he does come to own the company, but at this point, i would wait and see what happens with the court battle first. david: by the way, the market seems to be wetting with elon -- betting with elon because stock price has come back up to 42, indicating that they may be reaching higher numbers as we get closer to elon taking over the company. i just put that out there because markets are important here. hey, katie, thank you so much. it's a fascinating case study. appreciate it. coming up next, president joe biden's saudi trip reaping a much smaller than hoped for increase in oil production. will it help drivers get relief at the pump in and later, as criticism grows over lenient crime policies, how some americans are taking matters into their own hands. discover is accepted at 99% of places in the u.s.
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♪ david: well, opec+ is not giving the big boost in production that president biden was pushing for during his trip to saudi arabia last month. the oil cartel deciding to raise its output by just 100,000 barrels per day. that's not much in the grand scheme of things. even still, oil prices seeing a big drop this week as demand drops. rbn energy if ceo rusty brazil joins me now on the apparent snub by opec. what happened? is it because they don't want to produce more or they can't produce more? >> they can't produce more. so, you know, when you look at what opec did over the past couple of months, they were over 600,000 barrels a day increase, and they couldn't make those numbers. frankly, it didn't make a whole lot of sense if they were to have promised a lot bigger number just because biden visited. david: isn't that exactly what the french president -- remember that sort of off-camera, they didn't know they had a live mic
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on, but french president was meeting with biden and said, hey, they can't do it. so he was right. the biden administration was wrong. >> and my only comment to that is i bet he did know the mic was on. [laughter] david: yeah. he was grandstanding a little -- [inaudible] david: yeah. gas prices have come down though, rusty, and that's great news for consumers, but the question is why? there's a lot of talk these days about demanding being down. what do you think is bringing prices down? >> well, it's really two hinges. number one, just like what you said, just as soon as prices at pump hit $5, hen a lot of folks stopped driving as much. and that cut demand, and when you cut demand, you're going to see lower prices. but more than that, crude oil prices are way down. when the pump price hit clash 5, crude oil prices were $120 a barrel. now they're less than 90. so that decline in crude oil
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prices -- because that's what you make gasoline out of -- that's what's really been the most important thing that's cut prices over course of the last two months. david: and guess who's taking credit for it? of course, the biden administration. [laughter] >> yeah. david: theyty it's all -- they think it's all the things they've been doing. the energy czar was on fox news this week, here's what he had to say about why prices are coming down. >> why are they going down if the war's still raging, the answer is because we've taken a lot of different actions in order to bring those prices down. unfortunately, we live in an era where we want to have instant gratification that when you take an action, you see the reaction immediately. sometimes it takes time in the market. david: so i should explain when he was talking about the war raging, they have been blaming the war for all the prices going up even though they started going up the day he was elected, oil prices and gas prices. but the war is still going on and prices come down, that's what john roberts said, he said it's because of what we have
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been doing. is will any truth to that? is the administration making it easier to produce oil? >> there is truth to it, your last comment not necessarily so. what they did was they released a million barrels a day out of the strategic petroleum reserve. remember, the saudis said they were going to kick up 100,000 barrels a day, we're taking a million barrels a day out of the strategic petroleum reserve. that's a lot of oil, and that's enough to make some difference. it certainly is not responsible for the decline from $5 to 4, but it had an impact. you've got to give them credit for that. david: although having said that before you leave, our strategic oil reserves is going way down. i don't think it's been this low for a long time, right? >> that's a fact. and so if you think the strategic reserve is will for emergencies, not necessarily to reduce prices, then you probably argue with the way they tackle problem. but if you go back to what the guy was saying on the tape a few
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minutes ago, yeah, they did it, and it probably helped. david: rusty, we talked about demand, and just to put a fine point on it, we are now -- the demand for gasoline is now to where it was during the summer of 2020 when we had all those lockdowns, so it's a dramatic drop in demand. maybe it was demand destruction because prices got too high. maybe it's, though, because of the fact that we had two down quarters in gdp. the winter and the spring. so is it the fact that people are really worried about a recession? >> yeah. remember, oil trades in a commodity market, so not only are fundamental supply/command issues -- supply/demand issues important, but also just the general sentiment in the market. so what's happened is that there's a lot of traders that are just very concern about what the economic outlook looks like over course of the next couple of years and, therefore, i'm going to pay less money for
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crude oil than i might have two months ago. is so that's one thing. the other thing that's, frankly, happening and t kind of sad is that because it's a commodities market, traders react to the market sentiment and, of course, that's, a lot of that's directedly because of the ukraine-russia situation, and there's just fatigue around that, right? you can only listen to that so many times on nudes, and you get tired of it -- on the news, and you get tired of it. not really tired of it, you get numb to it. you put all three of those together, and prices -- david: rusty, you're the best there is. sorry to rush you, but we do have some breaking news i've got to get to. terrific stuff is, thank you very much. this is -- [inaudible] we're getting of airstrikes in the middle east. i think we can roll that. what's happened, this is in the gaza strip. these are israeli airstrikes because of, apparently, there were rockets coming from this
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area into israel, and you know how hose things escalate. and that's precisely what's happening here. the palestinians say at least 15 people have been killed in the coastal strip. but for the israeli part, they're saying this strike was necessary to stop those missile strikes coming from gaza, specifically coming from the palestinian islamic jihad. this is a militant group different, by the way, from hamas. hamas has been quiet about this at least so far. we'll wait and see how the whole hinge escalates. bad news from the middle east. well, as kentucky communities pick up the pieces from last week's catastrophic flooding, a new weather threat has the state on alert. fox weather's robert is watching it all. robert? >> reporter: david, it's downpouring here in eastern kentucky, not what they need as debris lines the streets, a flash flooding situation is in a watch, and there are 37 people dead as the clean-ups continue. we'll have this live report on
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david: president joe biden and first lady jill biden heading to to kentucky on monday in the wake of devastating flooding. the threat may not be over. fox weather's robert ray has more. >> reporter: david, good morning. from the streets of neon, you can see the water flowing pretty fast out in the streets. david, just over a weeking ago a flash flood if situation occurred here in a creek beyond those buildings. up to 10 feet of water in some spots. you can see the exits on windows here as this is the water line right here, david. amazing. it was just a creek that caused that. now under a flash flood watch yet again in this town that is really reeling right now. 37 people have lost hair life.
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people are trying to figure out exactly what to do with all the debris on the streets. folks, aid groups have come from if around country the help people up in these hills, these mountains very tough to traverse because of the broken and crumbled roads and infrastructure. this town of neon, many people here, unfortunately, think that perhaps they will not is have the money to rebuild, david. it's very sad. though some people forging forward and say, no, we are going to do it. this is a scene that they do not want to have right now. more rain on top of the piles of mud that inundate these structures and the inside. and, david, right now i think the best way to describe this situation more than a week out since original flash flooding situation is it's like a funeral that doesn't stop. not only are have people lost their lives, but the towns, david, are in destruction. and every single day people are trying to console each other to
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try and move forward, find a place where they can find shelter and perhaps some of them will have to leave this area. david: robert, i'm just curious about the businesses will. i mean, it must be an awful task to think about how ore build a business in light of all of this. >> reporter: that is a great question, david. and if you see across the street, these are all the businesses, the windows knocked in, the mud piles from the rushing water, all of these are destroyed. can they rebuild, will he was the funds, money, david? that's the question that people are wondering here. and, you know, we know president bidening and the first lady are expected to be here on monday at least in the region. that schedule not out yet. and, certainly, i can't tell you how many times, david, i've heard this in the past several days reporting on the ground, they already feel like a forgotten region, appalachia here. this is not a place with wealth. and they want to make sure that the state and the federal
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government helps them rebuild. they feel like this area is worth it. and you know what? they're right. they're from here. and all their belongings are in mud and strewn around and lost. these are people in the u.s. that need help right now, david, and certainly hope that they can make that path forward. these businesses are hurting. i'll leave you with this, david, there's only one business open here in this small town in neon right now. it's a barbershop. and he's open. he's got one chair, and he's ready for anyone to come in and get their haircut. it's so sad. david: they're good people. robert ray, thank you very much for that report, appreciate it. well, more americans fighting off criminals on on their own as soft on crime d.a.s come under fire. are their policies turning the u.s. back into the told wild west? that's -- turning the u.s. back into the old wild west? that's next.
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large out-of-state corporations have set their sights on california. they've written prop 27, to allow online sports betting. they tell us it will fund programs for the homeless. but read prop 27's fine print. 90% of profits go to out-of-state corporations, leaving almost nothing for the homeless. no real jobs are created here. but the promise between our state and our sovereign tribes would be broken forever. these out-of-state corporations don't care about california. but we do. stand with us.
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david: americans are taking crime fighting into their own hands as liberal d.a.s let criminals back on the street again and again. in new york an mma fighter taking down someone accused of attacking people on the sidewalks. and in california -- boy, this one took cake -- an 80-year-old store owner shot a potential armed robber with a shotgun. will we keep seeing more of this? here with his thoughts and fox news contributor and good friend, ted williams. ted, good to see you. as much as we love to see citizens taking down the bad guys, it really isn't very helpful to see the destruction of law and order in this country, is it? >> no, it isn't. and it's a sad commentary where we live in a system where we have law enforcement officers that should be doing this job and because there are not enough law enforcement officers, we're
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having citizens to take crime into their own hands and try to protect themselves. you know, david, i reached out to many law enforcement are officers for this segment, and one of those was in my hometown of lake charles, louisiana, a sheriff by name of tony mancuso. and he is of the position that it is very dangerous for citizens to is have to do this kind of a situation, protecting themselves. and it's just a dangerous concoction out here. david: well, the combination -- >> -- is needed, david -- david: yeah, go ahead. >> i'm sorry. what i was about to say is i think we really are going to have to look at some of these d.a.s and get rid of them. david: that's exactly where i was going, ted. the t not just the d.a.s. of course, that's a big part of the problem. they just keep letting people
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out, these soros-funded d.a.s in los angeles, san francisco, new york, milwaukee. i mean, the middle section of the country and both ends of country and everything in the middle. you have these crazy prosecutors, but you also have these crazy bail laws where even if you have a prosecutor that wants to keep people in jail, they can't. >> you're absolutely right, david. and this is the reason that citizens are frustrated. and this is the reason that i am urging citizens to reach out, and if your lawmakers are not doing what they properly should be doing to protect you with, then what you need to do is to vote them out. david: yes. >> get rid of them. david: yes. >> but i'm deepenly disturbed and concern about citizens taking crime into their own hands. it's an unsafe situation. david: just to put a fine point, by the way, on what's happening in the streets, new york, of course, is a prime example, but it is happening all over the country. you had the new york post cover
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here, ten criminals in new york had over -- well, almost 500 crimes among them, and most of those ten -- this is in 945 daye are still out despite having committed 485 crimes. it's ridiculous. but to your point, there are d.a.s that are getting the boot by citizens. you had the san francisco prosecutor out, in florida you had governor desantis kick out this prosecutor who was not following the law. and that's the bottom line. these are are prosecutors taking the law into their own hands. they're not following the law in locking up criminals. >> they are really helping criminals. concerns -- criminals are sitting back, they are laughing at us. they are winning. they know that they are winning. and it's the all because of the d.a.s being soft on crime and these lawmakers who are not doing their job. you're absolutely right, david. they need to to go, we need people who are going to be many
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there to protect law-abiding citizens. law-abiding citizens are frustrated in this country that they cannot walk around without being harmed by the criminal elements of this country. david: the worst thing is that we went through this before in the late '80s and early '90s. we know how to get out of it. we did in the missouri. it was crime-ridden -- in new york. it was a dirty place. we turned that state around, and now we're back. it's just a shame we have to go through this whole process again and again. and, by the way, governor hochul in new york could fire our own radical d.a. who is another soros-funded d.a., and she's not doing it. the guy who's trying to beat her in the governor's race says he would fire prosecutor on the first day in office. so there is change coming. good to see you, my friend. thank you for being here. best of luck to you and your buddies on the police force, appreciate it. hour two of "cavuto live," how
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republican governor greg abbott with told new yorkty's a mayor don't mess with texas. and top senator democrat senator mark warner is coming right up. ...
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>> tensions between china, taiwan and are mounting and the white house summoning china's ambassador to condemn the drills. alexandria hoff has the latest. >> hi, david. speaker pelosi's trip shows how desperate china is to control over the democracy that was made clear over military exercises carried out by way of long range precision strikes in the eastern area of the taiwan strait.
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officials in taipei are reporting that several warships and jets are crossing the line. and they're using pelosi's visit as an excuse. >> there's no way for beijing to escalate as it has. the policy has not changed and we're in line with the one china policy. the speaker had every right to take that trip. so that's something that they need to speak to. >> and china knows how to hit the white house where it hurts announcing yesterday it will cancel or suspend dialog with the u.s. on major issues, including climate change. the biden administration says certain talks may still be had. >> the channels that they took down don't -- don't completely eliminate the opportunities for senior members of our military to talk if need be.
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>> republicans feel it's time the biden administration get better positioned to combat authoritarian aggression in both china and russia. >> a lot of competitive advantages relative to the dictatorships in these two countries, a lethal military, our incredible energy and natural resources, our network of allies, our dynamic economy, but what the biden administration needs to do is play to these. >> and now, china has announced unspecified sanctions against speaker pelosi and her family, david. david: all right, alexandria, thank you very much. how close are we to conflict with china, let's ask station chief dan hoffman, dan, good to see you here. if they invade taiwan, a wall street journal piece outlining it could be much sooner than peep are prepared for. what happens in the far east and what happens here? >> yeah, listen, taiwan is on
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the geopolitical fault line, it's a flash point between chinese dictatorship and democracy and go back to the comments out in aspen from director cia burns, reuniting taiwan with the mainland by force if necessary. the military drills, the block aid, if you will, looks like a dress rehearsal for an invasion. xi jinping as we've noted throughout the program, and especially gordon lang's, they have to be on high alert for the indications and warnings that action could be imminent. >> there are some treasures on the island of taiwan that china wants and unlikely as a war of
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attrition like russia with ukraine where they'd bomb everything. the semiconductor makers, and they want them intact so they can use them and exploit them. how would they invade without destroying what they want to take? >> right. you know, the key for taiwan, and for the united states, because it's in our interests, obviously, that china not invade, and that we deter china from doing so is to make taiwan such a hard target, it would be prohibitively for china for spilled blood and treasure to launch an attack. it would be difficult crossing the strait. this would be a massive amphibious attack against taiwan. it's a mountainous country and then obviously, the city of taipei, not an easy -- not easy to take taiwan without massive, massive destruction of the industry there. but the value to china, as you said, subsume taiwan's economy and then also pressure the
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united states strategically. there would be grave implications for our allies, especially for japan in that region. i think it's important for the united states to enhance our collaboration with allies in the region, especially japan and australia. we've got to get taiwan more defense equipment, especially coastal mines, javelins, stingers, learn from the ukraine experience and ukraine has defended themselves from russia. taiwan needs some of the same small arm tactics and we need to rush those to taiwan right away. . david: let's talk about what china is doing here. because they have desires that reach far beyond taiwan, far beyond the east. they've been here in the united states infiltrating all kinds of levels of our society from the schools with those confucius institutes, to members of congress, even before they were members of congress. and even the federal reserve board now apparently has chinese spies. what, i mean, it does seem like they want to become a dominant
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force in the world and they're invading already in a surreptitious way, the united states in order to do that. >> china is mounting a massive economic merchantilism around the world, in africa and the middle east as well and we in the country are under seeing from chinese espionage and it's multi-faceted. we've got the confucius institutes and opm and buying our agricultural land and especially the land near military bases. so, there's-- what we need from our administration from the biden administration, is an all of government approach where we incorporate the inintelligence community and the state department, the department of defense, homeland security so we can defend, deter and counter china not just here in the united states, but worldwide in close
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collaboration with our allies, i would expect to see congressional hearings to this effect. and look, we've been ringing the alarm bells for a long time. the trump administration did a good job building bipartisan consensus and we have work to do. david: the axis between russia and china, they didn't manage to pull it off during the cold war, but it looks like they're doing so now, with the sanctions on russia, and about the only place they can freely sell their oil is in china. china will rely on them for oil. so, this is a very dangerous axis between china and russia now. >> it is, it's a growing partnership between the two, but there are some limits right now. china is not providing russia with military equipment, that's why russia needed to go to iran for those drones. and unable to get them from china. but for sure, you're absolutely right, that there's this partnership and a commitment on the part of those two nations
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to support rogue actors like iran and north korea, and counter the united states and our world-based order. we're seeing that happen, you know, in ukraine, the other geopolitical faultline where president zelenskyy has done more to counter and defend russia than any n.a.t.o. member has and he's helped build up this coalition of democracies, to counter russia, and i think that china is concerned that that same coalition could be used effectively to counter the communist chinese party. david: certainly, since china is a much bigger than russia is, a factor by i don't know how much. thank you for explaining it to us, we appreciate it. shifting gears to another growing crisis, the migrant surge on the southern border making its way up north. new york city mayor adams is bashing greg abbott for busing to his city. >> we're going to continue to be open arms, who we are from the city and we need help from
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the federal government. it's despicable what we're witnessing in texas. david: texas governor had this to say in addition to washington d.c., new york city is the ideal destination for these migrants, who can receive the abundance of city services and housing that mayor adams has boasted about within the sanctuary city. with me is brandon judd. thanks for being here. new york and d.c. claim to be sanctuary cities, but here they're squawking about a fraction, a small portion of what the people on the border are dealing with every day. >> what's funny about this, they're squawking about it because it's being done in the open. it's in the light of day. everybody is seeing what's going on. this has been happening, the federal government has been facilitating transport to new york, and to washington d.c., since the biden administration has been in place. so, this isn't anything new.
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the only thing that's new now, we're just not flying them in there at night. it's not being done in secret. now it's out in the open and all of the citizens in new york city they now get to see what is going on, what is happening, and when that-- when they see exactly how much resources are going to be spent on the-- to house all of these individuals, now they're upset and they're going to be upset and that's why eric adams is coming out and saying this, but this isn't new. when you look at catch and release, when we give somebody an nta, we have to take down their address and we know when we process the individuals, a great many of them are going to new york city. a great many of them are going to washington d.c. or the surrounding areas, so, again, this isn't new and it's caused by the biden administration, but eric adams, he refuses to call out the administration for doing-- for causing this problem in the first place. >> and mayor bowser, by the way, her request denied, but she was trying to get national guardsmen to come into washington d.c., to help her
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with a fraction, a tiny fraction of what folks on the border of dealing with in terms of migrants, but she's offering nothing to secure the border, where they come from. >> and that's the problem. and what's really frustrating about this is this is easily solved. it's solved by policy and we've seen that. we've already dealt with that, we've seen that for years. we saw it under the trump administration and we were able to drop illegal immigration to 45 year lows by policy and policy alone and doesn't cost the american taxpayer one dime to give us policy. yet, this administration continues to push back again against their own democrats and against their own people and they are pandering to the open border activists that permeate the white house and dhs itself. david: it's a national security problem not only because of the fentanyl and the americans dying because of the drugs that are being brought over in addition to human bodies, but christopher wray was speaking
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this week about the fact that there are individuals who are a threat to national security who are crossing the border. do we have the sound bite, producers? go ahead, roll tape. >> this is an international human smuggling network, would you agree with me? >> i certain know that it is an ecclectic mix of nationalities and the volume is just staggering. >> and that's a public security threat, you agree with me? >> to me, it represents a significant security issue and represents a wide array of criminal threats that throw out of it. david: so at least the fbi director says it's a significant threat. he's willing to say that. from the dhs secretary, mr. mayorkas, we hear that the border is completely secure and there's no problem. you have very different messages coming from inside the beltway. >> well, and again, that's the problem we're looking at. if you're not willing to
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identify that there is or admit that there's a problem you're never going to come up with a solution and when you listen to what christopher wray said when he said it's a significant issue, when you look at transnational criminal organizations and we were just talking about china potentially invading taiwan. china is already involved in the drug trafficking business. owl of the precursors to fentanyl is coming from china, once china has a foothold in mexico on that, it becomes even more dangerous. david: a great point. brandon quickly, we've run out of time. what would you tell dhs secretary mayorkas when he says the border is secure? >> give us the policies. it's not secure. you know it's open. you're lying to the american public. david: brandon judd, good to see you, thank you for being here. meet the airline ceo warning that fares are going to be going up if a big merger goes down. and democrats scrabbling this weekend to get their massive spending bill passed. they say it's going to fight
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>> president biden watching capitol hill closely today where the senate is about to go back in session as democrats try to push through their huge spending bill. republicans promising to fight it any way they can, but their options are very limited at the moment. lucas tomlinson is at the white house with more on all of this. hi, lucas. >> hi, david. president biden also looking at the results of the latest covid test. we don't know the results and we should hear about that any minute now. the president's been here at the white house over two weeks, the longest stretch since being sworn in and the president says the new spending bill will not take any more money out of american's wallets. >> this bill will not, let me repeat this, this bill will not, will not raise taxes on anybody making less than $400,000 a year, when it comes
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to the benefits of this bill you don't have to take my word for it. >> recall president george h.w. bush making a similar no new taxes pledge. and here is our own peter doocy asking the questions. >> why is the president bragging today about gas prices. >> because it's gone down. >> it's 1.72 higher than when he took office. >> it has come down in a way that we haven't seen its trajectory coming down in over a decade. >> it's over $4 a gallon though, is that good. >> congress was supposed to be on august recess in a rare candid admission known as the washington gaffe and president biden's labor secretary said the r-word. >> this is a global recession, we can't lose sight of that. what's happening in the united states is happening across the globe and quite honestly in a higher level in some places. >> of course, the white house has insisted from the beginning this country is not in a recession. david: yeah, if it's a global
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recession, i would assume that includes the united states. but that's just an assumption on my part. lucas, good to see you. thank you very much. so, will democrats win votes bypassing big legislation or do voters care more about crime and inflation and things that bother them every day? didyou hear about this, some places are doling out covid funds to help residents pay their bills, is that right? that's coming up. ♪ ♪ dry eye symptoms keep driving you crazy? inflammation in your eye might be to blame. time for ache and burn! over-the-counter eye drops typically work by lubricating your eyes and may provide temporary relief. those'll probably pass by me. xiidra works differently, targeting inflammation that can cause dry eye disease. xiidra? no! it can provide lasting relief. xiidra is approved to treat the signs and symptoms of dry eye disease. don't use if you're allergic to xiidra. common side effects include eye irritation,
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>> so we just told you about president biden and democrats hoping to pass the spending bill this weekend. will it make a difference come november? the recent headline from the hill is asking, a darned good question. the hill editor in chief bob cusak, and the hill has darned good questions that they seek
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to answer. first, bob, i mention that republicans are hoping to be able to stop this, but there's really no way they can, right? it's going to pass today, won't it? >> yeah, it's going to pass and then next week it's going to pass the house. it's going to be close, but republicans just don't have the votes to derail it and republicans are going to show up this november, will democrats? bernie sanders and the bernie sanders wing of this party doesn't like this bill so maybe some of them will stay home. david: bernie is not going to say no and kill it? >> no, no, no, he said it's not a three and a half trillion dollar bill. david: a this is after the chips bill and had republicans on board and lambasted saying that it's a lot of money, it's not a trillion, but-- >> some are wondering if the latest successes for the president will lead to success outside of the beltway in
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november? what do you think? >> it's good to be putting points on the board and joe biden has not put points on the board the last year. bills getting to his desk. that picked up recently. i think it depends where we are in the fall. are we-- does this bill actually fix inflation? it's hard for legislation to fix inlation. usually that's a fed issue and jay powell at the fed. david: although i would argue with you just for a moment because it was a double whammy during the 1980's that killed inflation was the fed certainly coming down hard, but then this tremendous tax cuts that reagan had and regulation cuts led to ayn crease of supply and of course, the supply and demand and both of those helped inflation back then. >> that's right. and also remember, the congress has been spending trillions of dollars in the wake of covid. that has certainly had an impact, you know, certainly putin had impact, but those bills certainly have affected inflation. overall, i think it really
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depends, you know, this is going to be a battle for the senate. the house is likely gone based upon historical trends and the president's approval numbers. the senate is the ball game and that's a jump ball and honestly, last couple of weeks has gotten better for democrats, where will we be in the fall? an eternity until then. david: getting back to the first question, don't american people, voters care more about the issues that they face every day. >> absolutely. david: rather than so-called w's inside the beltway? they care about inflation, they care about crime, they care about the border, at least the last two issues probably aren't going to change much before the election. >> absolutely. and they're going to go to grocery store and filling up with gas and that's what they're noticing, not the inside budget reconciliation games in washington. that's what's going to make the difference this fall and in this midterm. david: of course, republicans haven't necessarily helped themselves too much with their ramping up the rhetoric against democrat spending because
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they've gone with the democrats with regard to the infrastructure bill, that was about a trillion dollars, and that chips bill that i mentioned, 280 billion chip bill. it kind dilutes the point and democrats with high spending and inflation. >> yeah, and i think republicans and certainly house republicans are going to do it this fall. they have to layout a clear agenda if they take over the house and/or the senate. mitch mcconnell aren't going to do that, but house republicans are. it's important layout the case this is why you should elect us. and the republicans have not made the case yet and the polls show it. david: bob, thank you, have a great weekend. warning that travel troubles could continue well into next year. and frontier airlines ceo how they're handling your nightmare, where americans are still getting covid funds to help pay for higher prices.
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government trying to cure inflation by spending more money doesn't seem to make sense. we'll tackle that coming up. ♪♪
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>> well, you are looking live at the capitol where the senate is slated to convene in less than an hour over the democrats' spending bill. republicans promising a voterama hell over it. and mark warren discussing it. and let's assume it happens, a fair assumption the senate is going to vote for it, without a single republican and maybe without bernie sanders, but i think that bernie will eventually go along with it. the problem is senator, a lot
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of americans don't think that the inflation reduction act will reduce inflation. they clearly don't. there's a lot of evident to back that it won't. in fact, the pen wharton budget model, well-respected and the administration has defended studies before. the impact on inflation is statistically indistinguishable from zero, that's what they say about the inflation reduction act to which you say what? >> well, david, thanks for having me on and thanks for giving that long lead-in. i'm not sure i agree with a lot of what you said. let's go ahead and talk about the bill and all 50 democrats and including bernie sanders has to get through it, or it won't get through. first, it lowers the price of drugs, finally allows the government just like in every other industrial nation to negotiate drug prices, a direct savings to families across the country. second, and i thought you would have liked that, it had due to
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joe manchin, an all of the above energy approach. green energy and fuels as we make transition and increasing permitting reform which i think is long overdue to bring down energy cost and third, about $300 billion towards paying down the debt, which is long overdue and it's going 30 trillion in debt not knock the whole thing out, but at least it's a good faith effort and fourth, i think it makes the tax code fairer in the sense that those companies with more than a billion dollars in revenue, we're not saying they've even got to pay 21%, which is the corporate rate or the 35% a that maybe you and i pay individually, but pay at least a minimum 15% and finally, one of the things i think is curious is so many of my republican friends, the economists they love to cite is former treasury secretary larry summers because he was right on inflation and biden was wrong. summers has weighed in repeatedly that this bill will
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bring down inflation, particularly over the next two years. david: yeah, but what do you say about the penn wharton model and 230 economists who say that's not going to do that and folks who say, look, you've got to look at this in the first five years supporters say it's only years out to inflation will actually come down because of these reforms. in the meantime, what are americans supposed to do? >> well, again, one thing about economists, you can get a lot of them to say virtually anything. david: that's true. >> i would point to another group often quoted by your network, which is the committee for responsible federal budget. a group that i rely on a lot. they have said as well this is anti-inflationary, a number of former treasury secretaries, democrats and republicans have come out and again, i wish there was a magic switch that would turn off inflation overnight, i mean, the closest we've got to that is the federal reserve raising interest rates. if they overdo in raising
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inflation rates you could throw the economy into recession. david: and in the '80s, we got out of the recession because there was a reduction of taxes by the reagan administration, it was bipartisan, by the way and reduction of regulations as well. the minute the tax cuts kicked in the economy went in high gear and growth rates of 7% after that. >> david, you try to find me an economist that says cutting taxes per se is somehow anti-inflationary, cutting inflation per se stimulates demand. david: it increases supply the other side of inflation. >> here may not be the place to debate economic theory. i would say what got the inflation down, give paul voelker a huge amount of-- >> and he did the demand side
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and reagan the supply side. 80 billion dollars, the budget 12.6 billion for the irs, you want to pump it up to 80 billion and a lot of studies including one by the joint committee on taxation, which is bipartisan that says 78 to 90% of the money raised from this will go to the middle class and that the middle class will be paying for this super sizings of the irs. it just seems like at a time when americans are pulling their belts in because of inflation, and worries about a recession, you're giving six times the amount of money that the irs had been getting? that seems way overdone, no? >> david, i wish you'd spent some time on this. yes, over a 10-year period we're adding about $8 billion a year to a base budget at the irs that has been slashed more
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than 40% not only under president trump, but under the previous administrations as well. the one part of the government, and i know folks don't like the irs, but i tell you this, the one thing that is better than raising taxes is making sure that everybody who actually owes their taxes pays their fair share. the vast majority of your viewers pay their fair share of taxes. the amount of abuse that has been documented time and again by, again, we can roll out our experts, is, i think, staggering, there's been estimates that we're leaving close to $200 billion on the table that would simply, if we-- >> those are estimates. and the problem, senator, forgive me, the problem-- >> before the irs was cut, this would bring the irs back to about a stable state in terms much new technology, in terms of number of retirements i think it's good government. david: all right, but the problem is, senator, as you well know, the big
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corporations, have a whole host of lawyers and accountants and lobbyists, and they're able to fight the irs if they feel they're wrongly accused of not paying money, and the small business, 78 to 90% of the people affected to be small businesses and middle class folks because they can't afford, even if they think they're right, they're going to have to pay the money because they can't afford a long fight with the irs. they've got too much power. >> david, i think the vast majority enforcement is going to go against those folks who are like in that top percent and some of the corporate abuse. i think most of us, particularly the last couple of years, if you've not been frustrated by the irs in terms of getting a tax refund or getting somebody on the phone then you've not had the normal experience, i hear from virginians every day that the irs is not being responsive at
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all. i think you do need to bring the irs back into a modern agency, that's modern and we were on the path to dysfunctional. and the worst case scenario. david: have a flat tax, get rid of deductions and down size the irs instead of increasing it by a factor of six, that's one solution, you should consider it. congratulations on getting it passed, it hasn't passed yet, but looks like later today. >> i would not tell your viewers to tune in, it's vote-rama, and each side tries to get this have. david: it's like making sausage. and we've been talking about inflation and some texas counties are finding their own way to deal with it, using covid relief funds to give workers a nearly $5,000 bonus
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to ease their pain. is it fair to have taxpayers foot the bill for this. here is aaron gibbs, economist steve moore and kathy rooney barrett. good to see you, if i could, using inflationary money that's money that has helped cause inflation to make up for higher inflation, it just doesn't seem to make sense to me. does it to you? >> look, in this, no, it doesn't seem to make sense. this is what happens when it takes 18 months to get people the money. this is from the american rescue plan that was based 18 months ago, so, yes, we're in a totally different environment from, obviously, covid lockdowns and i actually think it's good that ultimately the counties are trying to help the people the best way they can, what they need now. i know it seems counter
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intuitive, but at least you're trying to help people. david: steve, it kind of reminds me of one of those old soviet union tricks, a village trick, that you take-- take away from people and give it to them and in the end, they always end up with less. >> yeah, we did a study at the heritage foundation where we estimate that the median household income of, you know, people in the middle class because of the biden inflation has been-- so their incomes have fallen in terms of purchasing power by about $4,000 a year. so, a program like this would really help. and i just have to say, david, thank you for mentioning the flat tax. we don't need to hire 80,000 new irs agents. david: no. >> we could completely simplify the tax system, voluntary compliance would go up and the economy would explode, why don't we do that. david: i knew you would get back to the bill that would be decided today.
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on the new bill, slimmed down bbb bill. it's spending government money in order to get us out of the problem of spending too much government money. it just don't make sense at its core, does it? >> you're absolutely right, david. this is inflation caused by government spending and a federal reserve that went haywire with regard to its own expansive monetary policy. printing trillions of dollars and the federal government spending trillions of dollars. so i think -- i have no problem with the texas-- texan county private enterprises shelling out the bucks to, you know, help people combat inflation, but that's not the role of the government. that's redistribution. so that's not what we want to see happen. we saw in california the gas rebates when oil prices went up. that doesn't work. what local and even national government should focus on, instead of, you know, the sugar
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high of giving candy to people and handouts is focusing on what can make the cities, the counties, the country more livable. more affordable. david: we need steak not sugar, i like that as a campaign issue. thank you for coming in on a weekend. appreciate it. good to see you all. coming up next, former president donald trump speaking at cpac. will he set up a 2024 run. and who the cpac attendees are watching closely, jeff. >> yeah, david, you've got donald trump speaking later today and also the results of the much anticipated straw poll. those results will be released shortly before the president speaks and also, a lot of issues here, voters are talking about. we'll tell you after the break.
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former president trump who is expected to speak later today. jeff paul is there with me. hi, jeff. >> yeah, david, final day of cpac, probably the most anticipated day and all who is closing the night out. as you mentioned former president donald trump will be here in the evening to speak and as you take a live look at the stage now here in dallas. officials are expecting crowds upon crowds, people to pack in here just to hear trump speak and many of the attendees say, truly conservativism in the u.s. still flows through president donald trump. they pointed to what happened in arizona. you look at the primary there, up and down the ballot, every single republican endorsed by president trump from state legislature to governor to u.s. senate. they all won their contests and beyond just the trump factor, it goes back to some of the issues. yes, abortion has changed the dynamic with overturning of roe v. wade and then there's the january 6th hearing, but at the end of the day, conservatives
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here in dallas say, it goes back to the economy. >> ever single thing, just to put my kids back in school has gone up in price. and i understand we have the big social issues, but we've got to put food on the table for our kids and we've got to keep them in school. >> in addition to trump speaking later in the evening and we're waiting on the results. straw poll, that's when we can get an idea of where people see people in terms of positions, and those results are expected around 2:30 local time, 3:30 eastern and then president trump will take the stage after that and maybe he'll react to the results, we'll see. david: should be exciting. and i love the straw polls. jeff, thank you very much. as the nightmare continues for passengers trying to fly, the transportation department just proposed new rules aimed to protect those who can't get off the ground. what do airlines think of this
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proposal? frontier airlines ceo is joining us next. ♪♪ my a1c stayed here, it needed to be here. ruby's a1c is down with rybelsus®. my a1c wasn't at goal, now i'm down with rybelsus®. mom's a1c is down with rybelsus®. (♪ ♪) in a clinical study, once-daily rybelsus® significantly lowered a1c better than a leading branded pill. rybelsus® isn't for people with type 1 diabetes. don't take rybelsus® if you or your family ever had medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2, or if allergic to it. stop rybelsus® and get medical help right away if you get a lump or swelling in your neck, severe stomach pain, or an allergic reaction. serious side effects may include pancreatitis. tell your provider about vision problems or changes. taking rybelsus® with a sulfonylurea or insulin
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>> the transportation department is looking to protect passengers as airlines continue struggling to get planes off the ground. the plan would require airlines to give stranded flyers vouchers that don't expire. what does the airline industry think of this? let's ask frontier airline ceo, thank you for being here, barry. what do you think of this, these mandated vouchers that never expire? >> well, thanks for having us on, david.
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i think at the core of this, if an airline cancels a flight i think you're entitled to a refund and if you don't get cash, obviously, a voucher probably should be good forever, but again, i think the number one thing, if you cancel the flight you should give a refund and quickly. and we've been focusing not canceling your flight and we're one of the most dependable airlines this summer and 99 completion. the most important thing, don't cancel in the first place. >> i think the most important thing above all, rather than getting there quickly is getting there safely and frankly, there are a lot of people, barry, who are worried about the shortages of pilots, more than that, actually, the shortages of mechanics and the shortages of air traffic controllers. is that a problem? is safety in jeopardy? >> i don't know that safety is in jeopardy, but i think getting enough qualified mechanics and pilots is a challenge today and there are some things that we've got to do to change, to not just, you
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know, change the way that we're trained, but trying to improve the quality of training and not just have arbitrary minimum hours that may not have the quality that they need. there's a conversation going on about that and hopefully get to the shortage quickly. but the labor shortage is a problem because you've got to jack up salaries to a point that may hurt airlines, may hurt your bottom line. you don't want to short change anybody to make sure that the mechanics are there to check the before it goes up or air traffic controller to make sure that the planes don't bump into each other. >> that's right, safety is the number one priority and we'll always focus on that. i think that, you know, the cost of it is one thing, but the supply is another, and so there needs to be, you know, student loans that are available just as cheap from a financing perspective as there are to get an art history degree, should be just as competitive. so we've got to look at all the ways that the training gets done so that you have that
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supply of safe pilots. david: how about raising the retirement age for pilots? i've heard a lot of pilots suggest that. >> that makes sense, we've seen americans live longer, and around the world. and we raised from 60 to 65, and i'm sure that 6 5 to 67, even 70 possible, as long as you have the requisite medical certifications, i don't think that would be a challenge. it's a temporary solution that i think could buy us time to get the training up, but, you know, i think that these things will solve themselves if we work together. david: i hope so. let me talk about the industry for a second. particularly something very close to your intentions and hearts, that the jetblue spirit merger. of course, you guys looked like you would get spirit for the longest time and spirit felt that jetblue was too aggressive and didn't like it.
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and they ended up with it. jetblue ended up with spirit. how did that happen? >> the spirit shareholders voted and they chose that path and i think for consumers, this is disappointing. if you listen to what jetblue is saying, they're going to raise the spirit costs and i think if you look at jetblue ace prices, talking 160 bucks round trip per person, over $600 for a family, millions more than consumers are going to be playing and we understand that they're blue about fares fares and we're offering $19 fares at frontier.com. >> is that a gotcha thrown in? >> oh, yeah, absolutely. [laughter]. david: now, regulators didn't see it that way. very quickly. >> well, look, i think the regulators have got to weigh in and they're early in the process and they've still got to get a shareholder vote and see what the department of justice says, we've got to assume that it goes through at this point. david: good to see you my
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friend. good luck to you and we appreciate it. the spending bill showdown is about to go down in the senate. the debate before the vote is just minutes away. fox of course is going to be all over it, so, keep it right here. you don't have to turn the channel all day. we'll give you breaking news, griff jenkins and aishah hasnie to take you through the rest of the time coming up next. and everyone on social media is trying me. but if you don't have the right auto insurance coverage, you could be left to pay for all of this... yourself. so get allstate. i typed in my dad's name... and i found his childhood home. he's been wondering about the address for seventy years... (chuckle) and i found it in five minutes. travel back in time in no time with the 1950 census on ancestry. (dad) we have to tell everyone that we just switched to verizon's new travel back in time in no time welcome unlimited plan, for just $30. (daughter) i've already told everyone! (nurse) wait... did you say verizon for just $30? (mom) it's their best unlimited price ever.
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♪ i'm getting shredded! ♪ make the smart choice. land o'frost premium meat. >> china continuing their show of force today with a military drill that taiwan officials are calling a rehearsed attack on the island. this latest exercise is a part of the series of drills beijing has conducted in retaliation to house speaker nancy pelosi's trip to taiwan earlier this week. this as critics slam the biden administration's decision to avoid escalating tensions by delaying a missile test launch as weak. i'm griff jenkins. great to have you, aishah. aishah: great to

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