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tv   Cavuto Live  FOX News  September 14, 2024 7:00am-8:00am PDT

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>> theres it is. pete: oh! brian: i'm not helping the team out. pete: aye got three in a row. rachel again? brian: we're tied, by the way. pete: not anymore. oh, rachel's carrying you! we're tied. this is for the win, for the win. oh -- pete: i'm ahead again. rachel: yeah! pete: thank you, ladies. brian: did his go in? pete: finally, some fans. brian: i don't get the roll. pete: hey, brian, it's been fun. his first time hosting "fox & friends," nailed it. he didn't get a trophy - brian: where's the trophy? pete: rachel, you're a pro. brian: thank you. neil: here we go. fox on top with donald trump and
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kamala harris hitting the trail as voters and donors weigh their debate performances, what some brand new polls are just now revealing and what harris and trump are pitching to keep the money nowing. loss plan is better for consumers and are already exploding national debt? fair and balanced, harris campaign senior spokesman and former commerce secretary under trump, wilbur ross, fair and balanced, as always. and sock ises rallying over big rate cutsment expected next week, and i mean really big cuts. could that really happen? and will it give the economy the boost we need? we've got former microsoft ceo steve ballmer and billionaire investor ken fisher to weigh in. we are all over it. let's get right to it. welcome, everybody, i'm neil cavuto. hope you're having a great weekend. we'll get into that in a second, first to mark meredith in las vegas where i know the first thing he's going to the say is how hot it is there, which is why he's not wearing a tie. we always a get into every show. but anyway, he's there with
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donald trump making some big plans and announcements yesterday, a continued push for nevada is on. all right, the cool and relaxed mark meredith. to you, my friend. >> reporter: hey, neil, good morning. i had to sell my tie at the roulette table to keep my bets alive, i wanted to make sure i still could look good for you. former president trump is just about done with his west coast swing, stops in arizona, california and nevada. this trip just two days after the first and look like the only debate he had with vice president harris. but in this swing state trump is focused on really one issue overall, and that is the economy. overnight trump rallied his supporter here in las vegas making it very clear he believes the state is in play. he told the crowd that he won the debate even though pundits and even some trump supporters have called his performance disastrous. the biggest applaud of the -- applause of the night came as president trump promised to the expand his idea of cutting taxes for many hourly workers.
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>> no tax on social security, and then we wheeled out a great one and i actually think this is going to be fantastic for the up country as well as the worker -- for the country as well as the worker because a lot of people are going to be working overtime. [cheers and applause] and just yesterday i announced that there will be no taxes on overtime! [cheers and applause] >> reporter: now, that pitch could appeal to workers in this state. you've got so many people tied into the hospitality industry, hourly workers. not a lot of specifics on how that would work from a governing standpoint, but it's an idea that seems to be getting a lot of applause out here on the trail. we're also hearing from if sam brown, the republican senate candidate in nevada. he says he hears from voters constantly the only issue that seems to matter ahead of november would be the economy. if. >> people are literally worried about being able to keep a roof over their head. those are the issues that i'm focused on because those are the
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issues nevadans are focused on, and they need a champion, they need help, they need relief, they need hope. >> reporter: we're also watching the trump campaign and the rnc filing a lawsuit just this week, neil, here in north dakota accusing the democratic secretary of state the of not monitoring voter rolls, essentially allowing noncitizens to the stay on the voter rolls in order to vote in november in nevada. but the secretary's office said just this week that nevada has one of the most safe, secure and accessible elections in the country. neil? neil: you know, i was -- i lost a bet on this, mark. i thought you'd be complaining about the heat. i discovered that it's 72 degrees there, i think around there. that's a dry kind of 732 the -- 72. >> reporter: and it's seven in the morning. yeah, it's early, and there's daiquiris nearby -- neil: so there's still time for you to whine. all right, my friend, you're the best. mark meredith follows that so well. very good sense of humor. i think that helps in life, to laugh at yourself. i do it all day long.
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we've got lucas tomlinson, meanwhile, with the kamala harris folks at the white house, how they're start of setting -- sort of getting ready, been buoyed by the big debate. she has a lot of plans today in d.c. lucas, what's the latest,? >> reporter: i'm wearing a tie, keeping with tradition at white house. a home game for her tonight, she does not have to leave town. she's attending the congressional black caucus dinner or one day after traveling to battleground pennsylvania, of course, a state that our viewers know well as being a key to to victory in november. harris going to johnstown yesterday telling voters she's here, and she's going to be spending a lot more time in pennsylvania as we get closer to the election. emergency a huge issue where fracking is king. pennsylvania's the nation's second largest natural gas producer. it's notable that the biden-harris administration if announced earlier this year it would block new licenses for exports of u.s. liquified
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natural gas, something a judge halted over the summer. yesterday in pennsylvania harris made another announcement. >> far too long our nation has encouraged only one path to success, a 4-year college degree. our nation needs to to recognize the value of other paths. as president, i will get rid of the the unnecessary degree requirements for federal jobs. >> reporter: and, neil, yesterday you had an interview with one of the team's top spokesmen, he had this to say following the debate tuesday night. >> i think that donald trump's team and his, himself were signaling that he might be a more disciplined candidate, and i think it's just not in his nature. he's uncontrollable. >> reporter: and president biden will be returning to the white house this afternoon from will mington. he will also be attending that dinner tonight with the congressional black caucus here
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in the nation's capital, neil. neil: lucas, thank you for that report. thank you for wearing a tie and showing the dignity and professionalism that we really require on this show, so much appreciated there. i do want to go to lee carter, carly cooperman. and, ladies, i do want to get into what both sides are saying post the debate, and, lee, i'll throw to to you first, ian sands, of course, the aforementioned harris campaign spokesperson, was with me yesterday x i asked him about donald trump maybe hinting that the door isn't completely shut on another debate. i want you to react to this. >> i thought his exact wording was pretty interesting. he said if he's in the right mood, he might do a debate. he's awfully moody. i don't know if he's just working through his feelings after tuesday night, but as the vice president has said, you know, the american people deserve a second debate. they deserve to see the choice in this election. neil: what did you think of that, lee?
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and would it make a difference anyway? you're a great historian on this stuff. do debates in general move the needle? i can think of jfk, 1940, they certainly did -- 19600, they certainly did. >> i don't think they move the needle in big and meaningful ways, but this race is so, so close that every point counts. so when you're looking at a swing that happens in polls after debates, you see one point here, one point there, or that could make all the difference in this race because that's how close we are. i am not surprised that donald trump the has said he's not going to debate again, i don't think it's his best forum. but i wouldn't be surprised knowing donald trump that he doesn't get back up there again because he seems to be, you know, the kind of candidate that we just can't predict. neil: you know, we're still looking, carly, at the fallout from that debate, and there was a lot of accusations back and forth. i caught up with the former commerce secretary for donald trump, wilbur ross. he has a great book out about
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this big to-do over former trump officials who are now on record as saying they do not want to see donald trump back in the oval office. react the how wilbur ross dismissed them and saying they are essentially in the distinct minority. react to this, please. >> it was unfortunate, and i wish it had not occurred. but i don't think it's the end of earth because i think americans know what the regime was like when trump was president. they know that they were relatively better off under trump than they have been since. and a lot of play acting and a lot of baiting, that's a nice debating tactic, but substance is what's really going to count for the american public over the next four years. neil: so that was what was important to wilbur ross, the commerce secretary under donald trump, are you better off now than you were four years ago, and that he readily, you know,
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relayed the me that he didn't think donald trump made that argument as effectively as he has in the past. what do you think of that, and was that the a failed opportunity for the former president? >> yeah, absolutely. look, don trump took -- donald trump took the beat that -- the bait over and over again in the debate. trump had an opportunity to to lay forward his economic agenda and also make the claim -- he should have said to the harris, you know, okay, what has happened over the past three and a half years as harris is putting forward all of these policies that are designed to reach moderate voters, she's trying to put forward this positive, forward-looking agenda saying i am the candidate of change because it's time to move forward from the divisiveness of donald trump and past. but trump's greatest strength is that voters care about the economy, and they continue to rate him as somebody that they trust more than her. so by failing to really drill in on the economy, it absolutely was a miss ifed opportunity for trump -- missed opportunity for
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trump at the debate. neil: all right. so assuming there's no other debate, lee, what changes polls that are still tight as a tick and all the battleground states within the margin of error? that's still the case now. >> i mean, look, they're out there getting their message out there every day whether it's through rallies. kamala harris did another interview that i think failed to answer some of the questions that are really important to the voters. we kid focus groups at fox -- we did focus groups at fox during the debate and had undecided voters who said after the debate they still weren't satisfied that they heard what exactly kamala harris is going to do to make the economy better than it is today. many people do still think her policies are going to be a continuation of biden's policies. she hasn't established herself as anything except a younger version of joe biden. she count have symbolic plans that they're leaning on. yes, we're seeing some shift in the polls towards clam harris, but it's the not -- kamala harris, but it's not in a huge
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way. and when you look at battleground states, in fact, trump has gained ground in the last week across the board in the averages. so, and the other thing i'll just point out is despite the fact that kamala harris gained some ground in the overall general population, she's still behind significantly where joe biden was many 2020 and significantly behind where hillary clinton was at the same time in 2016. so she's got to really make her case still if she wants to win. neil: you know, carly, i don't know the accuracy of a lot of polls, but i do know prosecute past that they've understated support for donald trump. it certainly was the case in to 2016 and even in 2020 when he picked up a lot of votes, of course, lost in some battleground states. we can get back and forth on that, but these polls might not be reflecting that he could be leading and beyond the margin of error in these battleground states. so how do democrats play that? >> i think, i think that speaks
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the why you hear even though the harris campaign, harris definitely won the debate, this is a bump 1-2 points overall in polls, you hear the campaign till talk about themselves as the underdog. and i think it's in part they know in these battleground states where they are neck and neck with donald trump, we realize that they're, you know, there has been an historic challenge to get trump voters to take polls. and while i think a lot has been done to try to correct for that and calculate different models and look at different turnout scenarios, the bottom line is this is one of the reasons why we talk about how biden had 4 plus points winning the national porp lahr vote and that harris would need to reach some kind of margin like that again to account for the fact that there is a surge in trump supporters that tend to show up on election day that might not be captured in the polls. think it's absolutely something we're aware of as we head into the election.
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neil: thank you, carly. thank you, lee. fair and balanced read of what you see coming up. we're following a couple of things on this election and what could move the needle. a big federal reserve meeting next week that could offer a big rate cut. that could be helping kamala harris. might help the economy but just before the election. how that place out with steve ballmer and ken fisher, billionaires, both, on what they make of that. that is coming up. in the meantime, an update on storms brewing in the gulf and just off the southeast atlantic. of we have got more on that after this. ♪ citi's industry leading global payments solutions help their clients move money around the world seamlessly in over 180 countries... and help a partner like the world food programme as they provide more than food to people in need. together, citi and the world food programme
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neil: they said it would be a very active hurricane season at least along the atlantic coast. new, we've not seen that pan out, but we have seen a pick-up in the frequency of these storms including after francine, and now for the carolinas maybe more storms to to come.
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brandy campbell in north carolina with more on that. hey, brandy. >> reporter: hey, neil. since wednesday i've been covering francine and the aftermath of it, and now today we are on carolina beach watching the impact, early impacts from a disturbance just off the coast of the carolinas. so right now we're seeing wind, high wind speeds and then, of course, we've got the beach conditions. let's get ahead and give you guys a look at what we're seeing out there. i want to tell you the big question at this point, neil, is there this depression or disturbance, i should say, be upgraded to a tropical depression or further into a tropical storm. the national hurricane center forecasting it has a 50-50 chance of doing so. regardless, our fox forecast center expects heavy rain inland across the carolinas and into the i-95 corridor going into the middle of next week. for now along coastal north carolina, we could get 3-5 inches of rain or hayer in some -- higher many some areas. beach conditions, there's a rip current risk coupled with high
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surf, wave heights between 5-8 feet in the surf zone and 20-30 mile-per-hour wind gusts and, of course, if this storm develops, neil, hacked increase. now, or going forward, neil, i want to say high tide or king tides actually start tomorrow in this area, so whatever comes onshore can also exaggerate what happens. this area known to flood, so we'll be keeping an eye on that impact as well. neil? neil: all right, brandy, be safe, you and your crew. great job, as always. want to go to rick rick like who's following these storms and looking at the fact that now we're getting into the busy part of the season, it might live up to the its reputation. rick: neil, we said at the beginninging of this year, we were so confident we might break all of our records for tropical activity in a year, and it has not been the case. there are sometimes in science where there are some things that you can't predict and you don't understand, and this will be a year that we are looking at a
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lot of information and learning because it hasn't panned out to be that way. and we are here, this is september 10th. that is the climatological peak of activity of hurricane season. we are behind in where we would normally be we didn't think. now, typically, we still have 50% of our activity ahead of us. with that said, we only have two systems that we're watching out there. and this real big, meat i part of the season, we have tropical storm gordon, we call it a fish storm, will only impact the deep ocean here. not impact land at all. and then this one that brandy was just talking about, we're looking at a 50% chance of development over the next 7 days. now, we had category 2 hurricane make landfall in central louisiana this week, still 38,000 households without power in that area. most of them in, the e -- terrabone parish. with that, the storm hasn't moved all that much, this general rotation is going to stay across parts of the
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southeast, tennessee valley, much of alabama looking at flooding concerns x. this storm that brandy was talking about, right here along the coast. this disturbance very can testing -- interesting. we're definitely going to see a rough time out across the southeast coast but i tell you what, neil, there is going to be a lot of studying has going on over the next years based off of this year's forecast and the conditions and what out there in the atmosphere is there that we still don't understand and have a lot to learn from. neil? neil: thank you, my friend. meanwhile, a very bullish week for the markets, all five days the s&p 500 went up, up, up, up, up, and a lot of people are looking at that, why is that happening? a lot of people are getting psyched about the possibility interest rates aren't only going to come down next week, they could come down up to half a point. steve ballmer heard that news, and he was jumping like crazy. what we're showing you is old i have wrote here, but it does
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bring the point that the former microsoft chief is a good read on things, microsoft, the economy, the fed and our government, after this. ♪ ♪ [cheers and applause] >> get up! k better together. like your workplace benefits and retirement savings. voya provides tools that help you make the right investment and benefit choices. so you can reach today's financial goals and look forward to a more confident future. voya, well planned, well invested, well protected.
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>> i love this company, yeah! [cheers and applause] ♪ >> come on, get up! get up! neil: you know, i have a feeling that steve ballmer, the former head of microsoft, one of the founders, if you will, probably doesn't like it when boy show that video. more than 20 years ago. the reason why i love it, it
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says a lot about steve ballmer, the fact that he was very unconventional, extremely successful ceo, arguably one of the best this country's ever seen. his passion is known beyond what was going on at microsoft if, but more important about what's going on in this country. he's not jumping and whooping and hollering on that though because he's much more concerned with numbers that americans simply cannot grasp or get in an easy-to-find venue. former microsoft ceo joining us right now. steve, very good to have you back. >> great to be here. thanks, neil. neil: and i always do love that video because it it shows your pax, and -- passion, and you were very animated about it. but you're not really happy passionate about some of the stuff we get from the government and how people can understand what's going on with the government. what's your biggest concern? >> well, i tried when i first retired back in 2014 i was working with my wife on her
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philanthropy, and i kind of had the general view since we focused on kids and families who might not otherwise have opportunity, i was focused in on what the country really invested in these poor families. i had no way to suss that out. the numbers weren't consolidated in any reasonable way. i started out to try to do that, i decided over time it should be like a 10k report that businesses have to file with the securities and exchange commission which means neutral, it's not arguing for a point of view, it's got to be long-term, everything's to bot to be in the context so that you could this then form your own opinion as shareholders do in a company about what to the go do. i'm not going to be judgmental about whether we're in good shape or bad shape, but i think we can in certainly the materials we published, some new videos we came out with before
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the election, they paint a story and everybody can assess that differently. neil: one thing that we can, i think bipartisanly there's such a word, assess is that debt keeps piling on, right in and both candidates have plans that that will add to that debt depending on if you believe the figures attached to them. a wharton or survey shows it goes up almost $2 trillion under kamala harris or almost $5 trillion under trump. no way to know for sure, but to get back to that notion of a government that gets bigger and the money that's coming in to pay for that, i just wonder how that all works out. >> well, when you get right down to it, i won't make forecasts, but let's look at some basic facts. the country took in about $4.4 trillion in revenue in the last year. we paid out $6.1 trillion in revenue.
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$1.7 trillion depending how you look at it as a percentage of tax revenue is about 40%. so strikes me as a lot, but everybody can draw their own opinions. the problem is when you look at the spending, you know, mandatory spending -- social security, medicare, medicaid, veterans' benefits, things that the population expects,i might say -- if i might say, that's, you know, as a total accounts for let's say 60%. you add in the debt, i think moat people would think our country -- most people would think our country should pay its debt. then you add in military and you only have about a trillion or so left. and so those are the places where many people would look for cuts. i just don't think it's easy to find the kinds of cuts that people might want if you're trying to get back towards a balanced budget.
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neil: therein lies the rub, right? you're right, that's where all the money is, and the money that has to be addressed. i didn't know it was as high as 600% figure that you alluded to -- of 0%, but the fact is neither candidate right now dare wants to cross that third rail. we have a proposal by donald trump not to tax social security benefits, not to tax overtime, not to tax tips. all well and good for those audiences who love to hear that kind of stuff, but similar giveaways by the kamala harris camp. in other words, it's very easy to propose tax cuts and dealing with things that could make it more own yous -- onerous for these programs down the road. i'm just wondering how that sorts out, because if we're concerned about all the money going out and a lot less money coming in, it's not reflected in polls. the debt and the deficits that pile up year after year don't seem to be a worry for americans. what do you think of that? >> well, let me say the
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following: again, everybody's entitled to their own opinion. on this one i'll share my opinion. i worry about our increasing debt as a percentage of our g can dp. if -- gdp. if you think about the companies, there's companies that live with a certain amount of debt forever. but if you look at debt, if you will, as a percentage of revenue or profit, it can't just keep growing. and right now we've got an economy, or call it $27 trillion, we have debt at $35 trillion. you know, being over 100%, it's the highest our debt has been as a percent of gdp since world war ii, and i think people accept we had some special exigencies in, you know, during the war period in terms of what we needed to spend. so it doesn't pop, i understand it doesn't pop. if you look at people personally, they want more.
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government can give it to to 'em in terms of higher spending on them or on lower taxes. both parties seem to have somewhat deferent viewpoints about how to get there. but this notion of, hey, let's at least make a dent in the growth in debt as a percentage of gdp, i agree, does not come up in the dialogue. and i don't, again, i speak now not as a provider of facts, but as as a citizen, nobody thinks it's going to be a big issue in this election. neil: well, you are a citizen, but you're also one of the richest guys on the planet, and you probably heard from candidates -- and this is routine, to say that billionaires, guys like you should pay more. and i've gotten back and forth into this with both sides, what represents a fair, a fair share or the rich paying a fair share. we used to have a top rate, steve, as you know 90%, 70%, in and around to 37-39, 40% today.
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but we go back and forth on that, and the old saw is that the rich aren't, aren't doing enough. i know you've heard it many times, but what do you think about it? >> well, it's just, hook, it's some numbers. 76% of income tax not including social security, sales, property taxes, but 76% of federal income tax is paid by the top 20% of tax-paying units, families, households as we might think it. and those are people, those are families with over $160,000 of household income. now, will that full set of people feel affluent enough to absorb more ab taxes? -- absorb more taxes? probably not. but if you want to substantially increase taxes, you may have to get to that broader group. you know, would i personally be
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happy and willing the pay more tax, yes, i would. but, you know, that's me personally. i can't speak for all people who are super affluent as i am. neil: all right. we'll watch what happens. always a good catching up if yo. thank you. >> appreciate it, neil. all the best. neil: be well. all right, in the meantime here, a fair and balanced read from both sides. we're very insistent on that. if we have a bull, we always have a bear. if we have a democrat, we always have a republican, vice versa. no one cares what my if opinion is, i care very much what the news maker's opinion is, and that's why we've got someone from the harris camp and from the trump camp, both are next after this. there are
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if -- dead even. >> well, and thanks for having me on, neil. i'm sitting here in montgomery county at a coordinated headquarters for this election cycle. the enthusiasm is high. the number of new people coming in to volunteer is extraordinary. the number of young people -- and i will say particularly young women -- or who are engaged in this election because they have seen what has happened to their freedoms, is high. i don't explain the polls, i i just say this is going to be a close election. if you take a look at pennsylvania's voter registration, we have a little under 4 million unregistered -- registered democrats, 3.5 million registered republicans and several hundred thousand independents. so this is going to remain close. you saw what happened in the last two elections. many trump won pennsylvania by only 44,000 votes across the entire commonwealth in to 2016. mr. biden won it here with
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80,000 votes. my prediction is while this remains close, in these next 5 511 days we want to prove that we will be -- 51 days, we will be the keystone state where we will show a margin greater than mr. biden's. neil: if kamala harris hasn't emerged as the democratic nominee and the party had stuck with joe biden, it would be very different right now, wouldn't it? wouldn't those polls be very different? >> i don't know, to be honest. i do know that i am so proud of our president for making that courageous and selfless choice. and that's what is so stark about these two campaigns -- neil: well, it wasn't as if it was courageous as much as he was kind of pushed. he didn't jump, right? >> well, actually, no, i think he was very thoughtful about it. i spoke with the white house, i spoke with the campaign in the days leading up to his decision do. he was extremely thoughtful
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about it. but how selfless it was to the say i can't risk this. we cannot risk another trump presidency. you're a business guy, and i admire you. i loved that interview you just did with steve. take a look at what mr. trump is propsing. he's promising -- promising. he's promising tariffs and mass deportation of workers. that will be incredible -- neil: congresswoman, the biden administration has just spread more tariffs against chinese goods. not nearly to the degree that donald trump wants to push them, but everyone seems to be on tariffs. they're very popular to go after, in this case, china. are we doubling down on something that could come back to hit us in the hiney? >> well, i don't know. [laughter] that's a good way of putting it. i don't know about that do -- neil: that's an economic term, just so you know, congress wouldn't. but go ahead. >> okay. i was an english major, but i do care about the economy. [laughter] and i do love what's happened under biden-harris with our economy. take a look at where inflation
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is. we are the envy of the g7. we're at the 2.5% and cooling even more. take a look at what the fed will likely do in the coming days. interest rates will be coming down. that means costs will be coming down. if somehow mr. trump were reelected and did mass deportations of workers, that would be incredibly inflationary. costs will go up and interest rates will go up. fortunately, i don't believe that will happen, and i believe pennsylvania will make the difference. neil: so let me real quickly just put a cap on this. inflation, you're right, has come down mightily from where it was, but it is still up from when joe biden first came into office. there are a lot of reasons and variations for that, but what republicans are pounding is that it is still expensive to go to the grocery store, ands it is still a hassle and that kamala harris' message is more of the same, well, what you just emphasized, congresswoman, which is all valid, that the trend is a friend. but the record from when the
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trump administration ended and the biden began, that's still a problem. that inflation jump since then is still a huge problem. >> absolutely. there are multiple factors that you know are impacting that. but i want to go back and say what did we do in the last congress? in the 117th congress in order to bring folks' prices down. we passed many, many bills, and you see us now with a republican majority that we're not passing anything. we don't even have a budget. so we have brought prices down, we've brought the prices of prescription drugs down. the things that a we have done, democrats in the majority, and when we go back into the majority we'll continue to put pressure if on prices. neil: okay. congresswoman with, great teein. not too bad for an english major. >> thank you. i like learning from you, neil. neil: yeah, if only, right? good luck on that. very good seeing you, congresswoman. we'll be following very closely
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what's happening many your state and all these other battleground states. all seven are within the margin of error. i don't believe we've seen that at least in recent campaign history. in the meantime, we're going to have the latest out of texas right now on a hotel that had to shut down because of a venezuelan gang threat that is really ramping up. griff jenkins will have the latest on that after this. see what i did there? hey, jackie! (♪) evan, my guy! you're helping them with savings, right? (♪) i wish i had someone like evan when i started. somebody just got their first debit card! ice cream on you? ooo, tacos! i got you. wait hold on, don't you owe me money? what?! your money is a part of your community, so your bank should be too. like, chase!
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narrator: when we, the people, rally for a common cause, we become beacons of hope. stand with saint jude against childhood cancer this september because our cause unites all. [laughing] donate now. neil: all right, at a first it was sort of gossip, this idea that a venezuelan gang threat was bubbling up in texas, but it's gotten to the point where a hotel has had to shut down because of it, and it's spreading fast. griff jenkins has more from washington. what can you tell us? >> reporter: hey, neil, good morning. well, i can tell you that the train is putting down violent tracks including in the lone star state where texas governor
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greg abbott is holding a press conference on monday to the address steps to tackle the growing threat. just in the last week, neil, dallas pd confirmed they're investigating crimes linked to the violent gang, and in el paso, a hotel was forced to temporarily close its doors. former u.s. marshal for west texas robert el monte is now sounding the alarm. listen. >> this is a big deal. this is a really, really big deal. they are here, they're dangerous, they're shooting at police officers. they're raping people, they're robbing people, they're hurting people. >> reporter: this comes, neil, after police in aurora, colorado, arrested four tda gang members many connection to a shooting at an apartment building. i.c.e. confirming all four had illegally crossed in texas and were released at the border. and the gang also has been tied to the shooting of those nypd officers in new york and the murder of uga nursing student
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laken riley. former president trump raised that last night in vegas. >> i'm angry ant venezuelan gangs -- about a venezuelan gangs taking over aurora, colorado. the venezuelans have big ak-47 supremes. where the hell do they get these guns? our soldiers can't get these guns. they're taking over our country from within. >> reporter: and to to put it in perspective, neil, senior border officials tell me this gang is not only a growing threat, but they're now targeting them as a priority. neil? neil: griff, thank you for that and see you in the next hour, my friend. griff jenkins on all of that. in the meantime, the latest on in this boeing strike, the first one we've seen since 2008, better than 33 ,000 workers are down and maybe not coming back for a while, and that means production of some of the most popular area craft -- aircraft in the world, or what used to be, that's down as well. after this.
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neil: all right, teamster workers, about 33,000 machinists, those type e of folks very, very important to a company that makes airplanes, they're all walking off the job. they rejected by an overwhelming margin what would have been a 25% pay raise over the next 4 years so what's going on, and the impact on flyers and their safety with a trained pilot, former faa safety team member. kyle, great to have you. what is the impact of this? it comes at a very tenuous time for boeing in general these days. this isn't helping matters any. what do you think? >> good morning, neil. this is a huge financial problem for boeing. boeing is possibly facing
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downgrades and potentially this strike could cost boeing $1.3 billion per month if it goes on. if this is a historic strike. last time they strike was back in 2008. as we know, they turned down that 25% price hike, and the employees are demanding a 40% pay increase. and boeing has a real problem, you know, on its hands, and the new ceo is in place there, and this is a huge challenge for him. we'll see how long this plays out for. but typically in the past, you know, we've seen these strikes play out for almost two months. neil: wow. you know, i do know that it's going to affect likely 737 protection, 777 production, 767 jets. i don't know whether that leads to cancellation of all, of orders that are already on the books. but, you know, a lot of people, and you and i have had this discussion before, have become
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increasingly leery of some of these jets out of boeing. the on alternative for the time being is airbus. has this dissipated or will this reignite those concerns. >> you know, this has nothing to do with safety, and your viewers should know it is 100% safe to fly on a boeing airplane. nothing to do with safety. it's more boeing has been beaten down so badly, and this is pretty much like beating down a dead horse. it's obvious that that these machinists have pretty much the upper hand now because boeing is in such a predicament with that huge financial blow that they'll suffer if this strike was to be prolonged. so the question is, do they want to give in to those demands, and some estimates put it if they were to give them a 40% pay hike, it could be also like, you know, close to the a billion dollar hit for boeing. so it's pretty much a double-edged sword, do they take care of it quickly or kind of
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wait. but i think the fact that a we have a new ceo in here, he pretty much doesn't want blood on his hands, and, or you know, i'm hoping it'll come to the an end fairly quickly. you know, if i was the boeing ceo, what i would do, you know, obviously i would try to tie in, you know, not go up to the full 40%, but try to tie it into performance of the company. so if the company performs, the employees could possibly get an increase similar to that. but they don't really have to shell out the big bucks right away when they're still kind of in financial turmoil. neil: yeah. performance-based bonuses and the like. that's interesting. kyle, i did want to get your thought on the reason why a 25% hike over 40 years -- 4 years is being rejected in favor of a 40% one. the union has said it's because of inflation. and that other unions that accepted such increases in the past -- teamsters, for example -- that was all well and good when inflation was much
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lower. but 40% would bring it up to what prior deals at 25% were. i don't know if that's even true, i haven't checked the math on that, but that's the strategy here. >> so, yeah. so what pretty much is happening is the union actually pretty much wants to reimburse for the fact that they really haven't had substantial pay increases in the last 12 years, so they're taking that into consideration, and, you know, it's a big lump sum. neil: got it, my friend. thank you as much. -- very much. kyle bailey, former fa ark safety team member. if wall street was worried about it, they had a funny way of showing it, all the markets racing ahead just as ken fisher said they would. what he makes of what might be behind that including a potential federal reserve cut in rates and maybe a bigger than expected one next week. there are medical breakthroughs, every second counts.
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