across town or across the country. pods, your personal moving and storage team. hi, i'm michael, i've lost 62 pounds on golo and i have kept it off. most of the weight that i gained was strictly in my belly which is a sign of insulin resistance. but since golo, that weight has completely gone away, as you can tell. thanks to golo and release, i've got my life and my health back. griff: president biden unveiling massive 61.8 trillion proposal prompting heavy backlash that includes major spending and tax hikes. welcome to fox news live i'm griff jenkins. anita: biden calling budget for the middle class while one watchdog organization says proposal can lead to national debt. lucas tomlinson live outside the

white house with more on this, hi, lucas. lucas: it adds trillions to the national debt with $31 trillion and interest payments on the debt next year could one day approach the size of the defense budget. let that sink in. now here is house speaker kevin mccarthy adding more c -- conte. >> we've only paid $9 trillion in interest. so he's going -- took us 80 some years to happen in less than ten years. lucas: let's take a look at biden tax proposals which would add more to the national debt. 25% minimum tax on people with 10 -- 100 million plus dollars. 39.6 capital gains tax for people making over 400 grand. 28% corporate income tax, 4% stock buyback tax and 3. 8%

surtax on investment income. late yesterday reports circulated that the white house will approve drilling in alaska. no final decisions have been made and anyone who says otherwise is wrong. now 3 years ago as presidential candidate as president he said he would never approve any drilling projects. >> no more subsidies for fossil fuel industries. no more fueling on federal lands, no more drilling including offshore and industry to continue to drill, period, ends. lucas:e estimated it would add 2500 jobs but many on the left are outraged by this apparent object face. anita. anita: flip-flop there. lucas tomlinson live at the white house. thank you, lucas. griff. griff: regulators are shuttering

silicon valley bank and seizing deposits and what experts are calling the largest bank collapse since 2008 financial crisis. investors scrambled to get cash out yesterday prompting police to block access to an sbb bank in manhattan. hey, nate. reporter: the collapse triggered the biggest bang run in u.s. history. customers at the bank with drew $42 billion, this was on thursday, works out over a million dollars every single second for a period of ten hours. one day later yesterday customers weren't so lucky especially here in new york at the lone branch behind me. tech founders and ceo's showed up here trying to withdraw their money not only were they turned away the cops were called on them. people in california were also left waiting outside the bank, take a look at this video, came after shocking announcement of bank of $1.8 billion loss and bank crumbled after seeing

bonds. the bank is best known for lending to tech sector which leading start-ups in m tough shape. many not being able to make payroll come monday. >> innovation is bleeding and hurt and everybody is trying to figure out what is monday going to bring. is it only 250, when can we access the rest of the capital and leads me to believe that some type of a bailout has to happen because the world's innovation of technology is at a hold right now. >> all insured depositors will have access no later than monday morning. insurance limit is $250,000 but the banks customers were largely corporations with a large of money in the bank.

for uninsured depositors dividends with what's left in bank. you mentioned this is the second biggest bank failure in u.s. history behind washington mutual back in 2008. we will send it back to you. griff: so, nate, to be clear, the bank behind you, the branch will be open, likely to have quite a lot of activity with people worried about -- about their money. >> that's exactly right, griff. right here where i'm standing right now is where a dozen tech founders and ceo's were here yesterday, the managers inside didn't know what to do, they called the cops on them. the cops came and everything was cordial and was asked to leave and will be back on monday to ensure the $250,000 but as i mentioned a lot of corporations

had a lot more money than that so a lot of tech start-ups are in big, big trouble. griff: oh, boy. nate foy live for us in manhattan. great stuff. anita. anita: okay, for more on this we are joined by president and ceo of the job creators network alfredo ortiz. alfredo, thanks for coming on today, good to see you. >> thank you, anita, good to see you. anita: initially we brought you to talk about the job numbers. i want to get to that but first i want to ask you about the collapse of the bank, the silicon valley bank and what you think the ripple effects are for the average investor, the average citizen, does it affect the job market? we just heard from our reporter nate foy that last thursday customers withdrew $42 billion in one day. that's unsettling. what are your thoughts? >> yes, anita. absolutely. that's a concern here. is there going to be a basically crisis of confidence in our banking system, i hope not. just looking into exactly what

happened it looks like this is a relatively isolated incident. unfortunately it was bad management decisions and probably bad board supervision that really led to this. i think, you know, once they -- once the announcement came out that they were trying to repair their balance sheet and basically looking for capital on -- on wednesday, right after that i believe peter thiel announced or sent out announcement to folks basically advised people to take money out and that was pretty much what brought them to their knees. at that point everyone was pulling out as much money as they could. a -- as you heard from nate. now the concern is the impact as -- as one of your guests said earlier in the show, is -- what's going to happen to innovation in the technology sector? the technology sectors are being hit hard with layoffs across the board from amazon to microsoft

to others and so what's the ripple effect in that industry is the big concern. anita: yeah, never good to hear from peter thiel to take money out of the bank. that was a clear warning sign. just quickly before we get to the job's numbers, what about people who are just nervous now about keeping their money in the bank, quick advice for them on that? >> the biggest piece of advice, sec ensures and the biggest thing is, gosh, if you're in the position where you have more than $250,000 i'm not one of them, you know, goad and diversify your funds and i think that's than important thing here and hopefully some of the folks will get the money back but at the end of the day it was ultimately bad management and, you know, bad board. you know, a year ago this

wouldn't have been an issue because we were in the zero percent environment and one year went 4 and a half percent. so that's, i think, one of the other reasons the balance sheet basically went belly up. about apt good add -- anita: good advice for folks. we have 311,000 new jobs, down from january but -- but still it is interpreted as a strong report yet the unemployment rate ticking up a little bit to 3.6%. take us behind the numbers. are these good numbers for the president, can he hang his hat behind the numbers? we have to remember when he claims that he created jobs a lot of these jobs so far since the beginning of his administration are basically jobs that have come back after the pandemic. it's a little bit like stepping in a puddle of water, it ripples but ultimately comes back in. that's kind of the situation that we had here with those jobs and so i -- i question the way

he actually positions that he created these jobs. they literally just came back. when you peel back there is some concern because there's shifting in the mix in terms of high-paying jobs to lower-paying jobs and there was a loss to transportation and warehousing jobs and those shifted over to hospitality sector and those tend to be lower-paying jobs. those two jobs, for example, are not alike. so there is a concern there and when you add in the part of the real wages, i mean,, -- real wages is outpacing every month. anita: let's put up wages versus inflation if we can put that up. hourly wage of 4.6%.

look at the cpi inflation, consumer price index up 4.6%. the hourly wages are not keeping up. people don't have enough money to buy the things they need, right? >> yeah, absolutely, anita. when you start looking at the president's multitrillion dollar budget, there's bigger concern there too because he wants to raise corporate rate to 28%, there are a million small businesses that file as corporations. they are automatically going to be hurt by that. corporate taxes is just like another commodity input at a company. they include that as part of their calculation when they come up with a price for consumers, and so consumers are just going to get hit with a higher price which leads to higher inflation. every time they start talking about just being able to print money and not worry about it which is modern monetary theory, they are really wrong on this

and they are going to create a worse situation that it already exists. anita: speaking of the corporate tax rate that griff and i were talking about, china and canada have lower corporate tax rates so that's something to think about as well. but we appreciate your insight today. alfredo ortiz. thank you for coming and we will see you again. griff: anita, major search underway for the 3 women who are missing after crossing into mexico from texas last month. that's next. ♪ ♪ ♪

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anita: the fbi investigating disappearance of two texas residents and their friend. the 3 women went missing after crossing into mexico last month. bill melugin is live from penita, texas, bill. bill: good afternoon, to you, the case involves two texas sisters from right here in penitas where we are as well as friend who all went missing after crossing into mexico two weeks ago to reportedly sell some clothing at a flea market. take a look at the photos of these women. 47-year-old maritza perezry's and oldest sister marina and 53-year-old dora alicia

cervantes, nobody has been heard from since two weeks ago. a look at the women, penitas pd says they have been contacted by the families and highly concerned that they were potentially kidnapped somewhere in mexico. penitas pd says they relayed to the fbi. the fbi are aware of this case but do not have any comment on it at the moment and police say the women were last seen driving in a green 1996 chevy silverado with texas plates. let's talk about where exactly they were going. if we can pull the map up. the women were from in penitas, sound of the border west of mcallen. we are told they were driving toward montemorelos, mexico close to monterrey. we are told that mexican authorities were taking lead on this case and that the fbi is

aware, however, they tell fox news they are not going to comment right now. this obviously happening one week after four u.s. citizens were kidnapped in matamoros and two killed in cartel gunmen attack as a result of this texas dps is now issuing a warning to all residents of texas, they are saying, do not go anywhere in mexico for spring break. they say it is just too dangerous right now with the way the cartels are acting. we will send it back to you. anita: bill to clarify, we still don't know whether the women were american citizens or residents or what their status was, is that right? bill: that's correct. right now we don't know if they were simple residents of the united states or if they were actually u.s. citizens or if there's a combination of both amongst the three women. the state department does confirm to fox news they are aware of reports that they were all u.s. citizens but they

cannot confirm their citizenship at this point in time. anita: okay, thanks for that, bill melugin live along the bored. griff: for more on this we are joined by asa hutchison, he's past administrator of the dea, asa, thank you for being here in the studio with us. such an important story you hear more missing americans in mexico and also the drugs just this week let me show you a picture in los angeles the dea for which you used to lead busted nearly a million fentanyl pills in los angeles from 3 mexican nationals believed to be associated with the sinaloa cartel between the violence and the kidnapping in the fentanyl drug control, these cartels are such a problem. your thoughts? >> you're absolutely right. this is one of the most serious issues that faces our nation

right now because of the deaths of fentanyl but also we are seeing lately highly demonstrated the impact of the cartel on lives, murders, i c,-- kidnappings and that's goio take the corporation of mexico which we will have to get leverage to get cooperation but we should designate as foreign terrorists organizations that would give us additional tools and put number on their back that they are in target of united states police, dea, military, they are a danger to citizens and national security risk. i'm grateful for the coverage for these most recent kidnappings and the death of two united states citizens but it's

been amplified, scores of times before this that we've had hundreds actually kidnapped or killed in the cross traffic with mexico and as a result of cartels and violence there. this is a serious issue because of fentanyl that can kill hundreds of thousands of americans as well as the influence of the cartel controlling that border and causing such huge devastation. griff: it's interesting, asa, that you mentioned you would like to see the cartels designated as foreign terrorist organization texas governor abbott has done so in his state, suggestion by lindsey graham to others to do this is met by resistance by mexico's president lopez obrador or amlo saying fentanyl doesn't originate in

mexico and should not designate cartels as organizations. do you believe we are getting the cooperation we need from mexico? >> we are absolutely not getting the cooperation we need and the administrations in the past we have. i know when i was head of the dea, we worked closely to vicente fox at the time and we were able to target some of the cartel but for president obrador to be able to say it's a u.s. exclusively that our consumption of fentanyl is somehow the cause for all of this misses the point. it is a distraction and he needs to take responsibility. we have to have the cooperation, mexico, but they don't need to have the commercial exchange the united states devastated because of our fear warnings that we should not be going into mexico. he has a responsibility to protect the economy of mexico and the rule of law there and he's going to need u.s. assistance and we need their assistance. we have to put pressure on him

to help us. griff: for him to stop the smuggling in the past two years, bill melugin, a lot of time on the border with unprecedented numbers. i will show you video, in the rgv sector the ground zero for this, you'll see smugglers abandon a family with infants. that's gloria chávez, she's the chief of the rio grande sector. mexico is not doing enough to stop that country from being a transit state from people trying to get ultimately illegally into the u.s. >> president biden needs to do more. president obrador needs to do more. when you look at the human suffering that rips your heart out and you look at the death because of fentanyl, precursor

to regulate, we don't have china's cooperation. they come to mexico and used in the labs there. we have to be able to target them as foreign terrorist organization, push for more cooperation absolutely. griff: former governor asa hutchison, thank you for being here. very insightful as always. anita. anita: well, seattle area podcaster and her husband are dead, police say an out of state stocker broke into their home and killed them. the tragedy days after the couple asked for protection order. william joins us live with this. hi, william. >> the stalker had become obsessed with the woman. not that a piece of paper would have prevented the murder, this happened outside of seattle

friday. alleged shooter 38-year-old ramine ramsey had fallen for the podcaster. he had become friends, clubhouse where they spoke about jobs in the tech sector and sent the 33-year-old married woman gifts, stayed at nearby ends and parked on the street but in november zorey became concerned about his messages, he would cry beg her to pick up the phone and threatened to burn himself in the yard. she broke up the relationship which he did not accept. zoey and her husband installed security cameras and contacted police. last week they charged him with stalking and harassment and the court issued a warning for his arrest. >> in this case the victim did everything that they possibly could and unfortunately this

person broke into their home and killed them, it is a tragic event. >> unable to find the trucker broke into the home at 2:00 a.m., shot her and turned the gun on himself. zorey's mother escaped and called 911 and it was too late. >> this is every victim, every detective, every police chief worst nightmare. >> so the victim was a software engineer from iran. >> tragic and so scary. thank you for bringing us up to date. griff. griff: anita in the midst of rising crime rates new york city police officers retiring at record pace, 239 p around 1400 s

are projected to resign from the nation's largest police force before retirement for requirement. the exodus reportedly began after george floyd was killed by minneapolis officer in 2020 triggering nationwide protests and calls to defund the police. you know, anita, this is troubling news. we have these all day but the crime rate from the west coast to the east coast is spiraling out of control and have officers, the thin blue line resigning stepping down. it's very, very concerning. anita: well, t more concerning to hear that their desire to leave is so great, they are leaving before they hit their retirement. that's -- that's really shocking. in fact, the word out of the police department in new york there is the job has become impossible to do. so a lot of them are going to other jobs, they are going to

the mta, they are going to other departments, they are going to florida, so it is really sad because think about it, who do you call when you're in trouble? there's no one else to call and there are still calls to defund the police. congresswoman from missouri corey bush to defund the police meanwhile she's using half a million dollars from her own campaign cash for private security. a lot of people look at that and say that's hypocritical. griff: the problem is here in washington as well. we have the smallest police force that the district of colombia has had in decades, if not ever and you just saw congress bipartisan congress block this dc city council new crime bill that basically was going to lower the consequences for things like carjacking for which the police here said please don't do it, it's a terrible idea. anita: even the mayor was against it. griff: it simply defies logic.

anita: all right, well, atmospheric river triggering extreme flash warnings in some parts in california as heavy rains and melting snowfall reportedly kill two people and force thousands of others to evacuate. fox weather max gordon has the very latest on this. it looks anything but like the golden state, max. reporter: flash flood warnings have been issued in monterey county. people have been waiting out of the flood waters, the national guard, they have made dozens of rescues. just a tragic scene unfolding behind me. i spoke to one man who said he had to just take whatever belongs he could on his back and get out. >> a lot of people -- the only thing that i have is on my back. i'm losing everything. i had to walk on the water,

4 feet of water. reporter: currently 34 counties in california are under a state of emergency, this comes after massive amounts of rain fell in this area. one national service rain gage picked up a foot of rain in 48-hour period. in santa cruz, mud slides, downed trees, downed power lines as utility crews work and 50,000 people without power during emergency storm. at least two deaths due to the storm and say danger is not over yet along the current river water levels have been rising and snow melting triggering flooding in the eastern parts of the state and the danger isn't over for california. another system is on the way expected to hit the golden state early next week, really not what folks here want to see with the ground already so saturated. back to you.

anita: wow, real winter in california. max gordon, thank you so much for that. stay up to date in your area, fox weather, national outlooks in one app, you need it so download it now. griff: campaign 2020 in full swing, we have a lot more on that coming up next.er): ♪ ♪ ♪ intuit quickbooks helps you manage your payroll taxes, cheers! with 100% accurate tax calculations guaranteed. oh booking.com, ♪ i'm going to somewhere, anywhere. ♪ ♪ a beach house, a treehouse, ♪ ♪ honestly i don't care ♪ find the perfect vacation rental for you booking.com, booking. yeah.

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republican contest next february needs to get to work right now regardless of making big announcement or not. both governor made stop. former president donald trump to visit state on monday and taking clear jabs of desantis along the way but not announced but consider trump's leading rival. he's waiting until florida state legislative session wrapped up around may to make a public decision. it's been a busy session as he highlighted in iowa yesterday. take a listen. >> so we say very clearly in the state of florida, we will fight the woke and the legislature, we will fight the woke and education, we will fight the woke and the businesses. we will never, ever surrender to the woke mob. our state is where woke goes to die. >> white house press secretary

karine jean-pierre asked about desantis use of the word woke. >> when republicans, treatment republicans, the maga republicans don't agree with an issue or with policy, they don't bring forth something that's going to either have a good-faith conversation, they go to this conversation of woke. but that is not actually policy. what that turns into is hate. >> all right, it's clear governor desantis has riled pushing back progressive agendas in schools. today desantis is making a stop in nevada. we will send it back to you. anita: certainly sounds like a presidential candidate. we will see. alexandria hoff, thank you for the report. griff: for more on this and president biden 2024 budget proposal let's bring in our political panel with us mark

latter former assistant to president trump, chief communications director and kevin walling, democratic strategist and former biden surrogate. i was listening to alex's report mark, and karine jean-pierre was calling ron desantis a maga republican. so but ron desantis who hasn't declared yet make america great again is trump. >> every republican who runs and still yet to run is a maga republican. they are going to run on trump policies because they worked and it's a great contrast to what we have right now. they'll emphasize different things, smile different ways, use their own distinct personalities but they are all running on the trump policies regardless of which ones eventually wins the nomination. >> is ron getting in? >> all indications. if you're in iowa, sounds like you're getting in. griff: let's talk about your

man, president biden, who is the biggest challenger of the field developing on the gop said, who is the harshest competitor for him? >> there's a lot of talent on the republican bench, ron desantis, best-selling author, number 1 in terms of nonfiction. nikki haley, barn storming iowa and new hampshire, compelling announcement in charleston a few weeks ago, folks like mike pence and mike pompeo. griff: who will be biden's running mate? >> the vice president? >> it will be harris. >> 100%. this is a team that won 8 million more votes than the incumbent president. they are going to run together. griff: if you were -- put on your democrat hat if you can, would you bring kamala harris?

the border czar that worked out. >> i can see that from either party. that's a sign of weakness and desperation to replace a vice presidential candidate. i would not see that as likely, but it just shows you how thin the bench is on the democrat side that that's who they are stuck with. griff: they have marianne williamson too who declared. let's talk about the budget, kevin, it felt like the president unveiling his budget was the start of a campaign where you are laying things out among them some suggestions which is raising a lot of eyebrows and that is to tax unrealized capital gains. what do you make of the budget and why are republicans say it's dead on arrival?

>> listen, that's aspirational budget that the president has put forward. clear indication that he is running in 2024 because he wants to campaign on this, he wants to talk about expanding child tax credit, paying down the deficit, expanding military payments as well. this is largest defense increase in a long time because of our strategic situations with china, with russia, other competitive powers around the globe. this is a budget that the president can run on and we will see what the republican response, we haven't seen it. griff: we have mark latter's with raise the debt to 17 trillion. >> trillions of dollars of new taxes when your economy is on the border of a recession. one of the things that shows you how nonserious the budget is it uses the word threat 44 times, not one of those relate to china or russia, this is a joke. griff: i want to come back, you said this is aspiration, kevin, you are talking about taxing

asset appreciation. we left england because of levying taxes at will. the constitution, the 16th amendment says you can levy taxes on income but if you have a painting or a stock or something that grows in value it's not income, you're not getting money, but yet you're going the tax people, that is a dangerous prospect in an unconstitutional one that the wall street journal points out. >> it plays out to the president's face. i think he's itching for that populist message to explain, okay, it's a complicated tax but at the end of the day he's paying for increases and spending and focusing on the middle class. he wants that fight with republicans. griff: let's talk about the middle class, mark, folks in

arkansas paying more for eggs, food, is this administration, is this president out of touch with the reality of middle america? >> absolutely. that's why the polls show that. the real clear politics average say two-thirds of our country believe we are on the wrong track. joe biden is only getting 38% support in his own hypothetical democrat primary. that's because people are not seeing any kind of economic benefit of this leadership whether it's groceries, gasoline and no matter how hard he tries to convince people that the unemployment rate is low, they are word about putting food on the table and getting car filled with gas. griff: great panel as always. bipartisan purple ties, look at that coming together. anita, how about that? our own steve harrigan visits the wounded from the brutal front line of the war in ukraine. that's next. ♪ ♪ ♪

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anita: as fighting continues to rage in the eastern ukrainian city of bakhmut casualties mount on both sides as russia launches missile attacks on ukrainian cities. steve harrigan has the latest from kyiv. hi, steve. steve: anita this has been a battle for a city with no strategic value, day in and day out for past 7 months. conditions and around bakhmut really desperate at this point. russian soldiers say they now have taken control of the eastern part of the city but in the center which is divide by a river it's basically a killing zone. here is what one combat medic has to say about conditions. >> evacuation roads out of bakhmut are under constant heavy shelling. an ambulance can't drive when they are shelling so it's very difficult to evacuate people.

there are high losses among medics in particular. steve: ukraine is trying to recover from massive missile attack from russia on march ninth, russia launched more than 80 missiles in ten regions of ukraine, it knocked out power, heat, electricity and at this point ukraine does not have the air defenses to knock the missiles out of the sky, anita, back to you. anita: tough conditions on the ground continue there. steve harrigan live on the ground, griff. griff: get ready to lose an hour of sleep tonight as most of america springs ahead for daylight saving time. is it time to scrap the clock ritual, once and for all, we will debate it next. ♪ ♪ ♪

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anita: the most important story of our broadcast we are getting ready to spring forward tonight and we can look forward to warmer longer days ahead but unfortunately we are losing an hour of sleep. so, griff, i hope you got a good night sleep last night because we are losing an hour tonight. griff: can we point out that i finally for the first time in my life since we've done the story it's daylight saving time not savings. i feel like that wasn't fully determined. we are going to spring forward. later when that comes up, i can never remember we will fall back and spring forward again and fall back. i don't really care whether it's light earlier or it stays light longer, i just want to make the decision and let it be left alone. that's why the sunshine protection act, that's what they call it.

the senate passed it and they tried it before and they failed and we will see if they can get it done. anita: i love to have more light in the day, the day is longer and otherwise you will go into your house at 5:00 o'clock and you don't want to go out again. griff: you want spring forward? >> i like spring forward a little better. i would like to have both. griff: as we make light of it there are some serious folks, the academy of psychology folks looking at this, i think we have a quote here, i can put up -- there it is. the u.s. should eliminate seasonal time changes in favor of nation add fixed year-round time which aligns best with human biology and provides distinct benefits for public health and safety, that's the american academy of sleep medicines statement. and in this business you never know when you are going to be able to sleep so you sleep any time. i'm not sure if it's the best

for our sarcadian biology but at the end of the day just not having to make a change twice a year is what i favor. anita: our producer says the sleep medicine scientists are referring to standard time. that's what they think is better. i'm not so sure. griff: you know, i guess if i have to have it either light earlier or light longer i'm with you, i would rather have a longer day and not have it get dark so darn early. anita: that's right, stay up and do more and stay up later. griff: great to be with you. thank you very much, anita, here with us in washington. that's all for us this hour. fox news live continues with eric and arthel. i'm griff jenkins. anita: and i'm anita vogel, thank you so much for watching. have a great weekend. ♪ ♪ ♪

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arthel: driving there too so close at a flea market. police say two sisters from a small texas border town crossed into northeastern mexico with a friend late last month. one of them spoke with her husband february 24. he says he could not reach her three days later and reported her missing. hello everyone walking "fox news live" i am arthel neville, hi erica cox hello everyone thank you for joining us. i am eric shawn. report of th