i'm larry kudlow. this is "the kudlow report." our top sizzle story this evening, call this a victory for freedom. mayor mike bloomberg's slurpee food police defeated by a state judge who called it, quote, arbitrary and capricious. another defeat for government excess. senator rand paul's our watchdog on that and he just won another one. it's not just new york. ceo jeffrey immelt says the biggest threat to american business now is government, including fiscal and political storm, lack of corporate tax reform, and overregulation. they're all holding back economic growth. and the president and mrs. obama didn't have an executive chef for 100 grand a year or three full-time calligraphers for nearly 300,000 bucks or a dog's chief of staff for 102,000 bucks. do you know what? there would be plenty of money to go around to conduct white house tours during the easter

anybody who has watched larry kudlow has done a great job. instability is on the rise. here's some aspects that make you grind your teeth. okay. there's about 14 million people on disability right now. and how many of these people are counted in the ranks of the unemployed, you ask, zero. zero. so where is the incentive to address this? we need to put them above the radar screen. in this article they concentrated the first half on an area, hale county, alabama. one in four working age adults are on disable. it isn't just a problem for people who are older, although that's part of it. most of the stories being recanted in the article are 18 to 64-year-olds. not in retirement. and it's really portrayed as another welfare program. but it isn't exactly the same.

i'm larry kudlow.s half hour big sugar companies get a sweet taxpayer bailout from the government while consumers get screwed. it's a total opposite of free market economics and we'll get to the bottom of it. i want makes my blood boil. and better news. the bible mini series is a huge hit on cable. yes it's about the history and western civilization. it's also, however about religion. why shouldn't it be taught in our public schools? president obama headed back to capitol hill this afternoon continuing his charm offensive for a big budget compromise. according to reports the president's first meeting with the house gop conference in more than two years proved rather tense as republicans challenged him on spending, taxes, a balanced budget and even closing the white house to public tours. for more insight on what the someone like we're joined by congress warm candice miller. miss miller, thank you. what was your particular gripe at mr. obama today and how tough of that meeting? >> well, you know, i gues

>>> good evening, everyone, i'm larry kudlow.s the kudlow report brought to you in washington, d.c. tonight, a special show. now we have more taxes, more spending, more of the same. it's been more than four years since the senate democrats bothered to put together a budget. and as might be expected, their new budget calls for more than $1 trillion in new taxes over the next decade. what a shock that is. meanwhile, senate liberals spent much of the day challenging president obama on his plans for possible entitlement reform. will they block any chance for a grand deal? so what do senate republicans have to say about all this? well, we are about to speak with one of the new rising stars of the gop. senator ted cruise joins us to talk about the budget fight and his promise to do all he can to repeal obamacare. >>> and finally the highlight of our show tonight, my exclusive interview with congressman paul ryan as he unveils his budget plan. the headlines are an obamacare repeal, spending cuts, corporate tax reform and a balanced budg

i'm larry kudlow and "the kudlow report" begins right now. >>> first up this evening, a new survey by the nonpartisan group of@actuary, they're likely to skyrocket under obama care. in fact, average claim costs increase 32%. this puts a dagger into the heart of the cost control theory. the costs are going up, not down. that's what happens when government control is substituted for free market competition. all right. let's talk calmly. here now is democratic strategist jimmy williams. we have republican pollster john mclachlan and we welcome back betsy mccoy. betsy, this thing hasn't hardly started and they are talking 62%, and how can the cost control arguments still be made? >> well, it can't, because it's obvious now for three reasons they'll skyrocket. $100 billion imposed on insurance plans and those will be passed along to consumers and it will mean $200,000 per consumer per year. when you force consumers to cover more you force consumers to pay more. imagine if your auto policy had to include wiper blades and changes. for the first time most states are going to be putting the se

i'm larry kudlow.alf hour while the nation debates federal budget cuts we have a real life example when you don't cut. that's the city of detroit. the governor of michigan has declared an official fiscal emergency and appoint an emergency manager to take over that city's finances. we go live to detroit for the latest on all that bad news. >>> and how obnoxious could those harvard kids get pap new editorial goes after conservatives and suggests they not even bother to apply to the school. we're going to talk to the president of the harvard crimson who published that anti-free speech editorial. >> president obama wasted no time today blaming the gop for what he called dumb spending cuts. please take a listen. >> we shouldn't be making a series of dumb or b arbitrary t that people depend on like education, research, infrastructure and defense. let's be clear. none of this is necessary. it's happening because a choice that republicans in congress have made. they are saying that it's more important to prese

i'm larry kudlow.ur, first it was the oscars, now it's the editorial page of the "wall street journal" and i just love first lady michelle obama's surprise op-ed today full of praise for businesses making america healthy. that includes, by the way, the democratic demon walmart. she praised walmart. that is a breakthrough. more coming up on that later on. >>> but first up, president's taking every opportunity to ring the alarm bells on his dire post sequester predictions. listen to him again last night speaking to the business council. >> this is going to be a big hit on the economy. and that means inevitably hundreds of thousands of people who are not going to get jobs that otherwise would get them. it means that you have fewer customers with money in their pockets ready to buy your business, your goods and services. it means that the global economy will be weaker. >> all that because of a small cut in the budget. anyway, my question is what happens when he's wrong? when the sequester kicks in and the

i'm larry kudlow. i'm larry kudlow. we'll see you on monday. ing, while using less fuel.g whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪

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we have been preparing for the president's sequester for months. >> more of larry kudlow's interview th the speaker tonight at 7:00 eastern time. on the kudlow report. sue? >> wall street watchers believe one of the reasons the dow reached historic highs is because of the federal reserve decision to keep interest rates at historic lows. is this a federally and does the fed even care what dow jones industrial average does? steve liesman is our man following the fed and bob pisani has wall street's take on this. i would perhaps in normal times the fed doesn't watch the market as closely as it is now but given the fact they are intimately involved in qe3, is it different this time? >> it's been different for several years, now, sue. when fed policy did not make a secret that they are targeting the stock market, targeting a couple things. they also want it crowd investors from bonds into stocks. that's an explicit goal of federal reserve policy right now and i think they believe it is having success. >> it seems to be, bob. a lot of people do point to the fed as one of the reasons why thi

i'm larry kudlow.ed today but we've still got even more good news on the economy. now does that mean bern bernanke is going take his foot off the gas pedal sooner rather than later? that might be what's rather bothering stock investors. and where is the new jack kemp now that we need him? a republican who related to everyone with an optimistic but simple message of economic growth for all, we will ask lar larry sabateau in just a few minutes. >> a tax is a tax is a tax. if you tax something more, you get less of it. piling on new taxes is always bad for economic growth period. and yet out of washington comes yet another proposal for another tax. this one known as the marketplace fairness act but it is just a national internet sales tax. could even hit your itunes downloads later on. last night here on "the kudlow report," republican senator kelly ayotte spoke out against this bill. take a listen. >> i think we need to rename this legislative proposal for what it is because what it is is it's the intern

we'll be watching your exclusive tonight, larry, on the "kudlow & company" program, here on cnbc. hanks so much. 7:00 p.m. eastern, thank you, maria. >> we'll see you on "the kudlow report" at 7:00 p.m. tonight. >>> up next, college tuition on sale. how about clipping coupons for college credits? we'll talk to some now doubting if college is worth the money. >>> and later, what do paris hilton, ashton kutcher, and j - jay-z have in common? there's actually a financial story here and it could affect you next. it's marching to the beat of a different drum. and where beauty meets brains. it's big ideas with smaller footprints. and knowing there's always more in the world to see. it's the all-new lincoln mkz. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to th

. >>> good evening everyone i'm larry kudlow. this is "the kudlow report". tonight breaking news, republican senator marco rubio has pledged to join senator rand paul, mike lee and ted cruz to filibuster gun control legislation. back on that in a moment. also sizzling the s&p 500 closes at a new all time high and i myself remain optimistic about stocks and the economy. yet another sizzle story. do the republicans have a secret plan to repeal obama care? it's in the tax bill and they only need 51 votes to repeal it, no filibuster allowed. why are food stamps at a record high despite a better economy? you know what? government dependency could be president obama's stock and trade. "the kudlow report" begins right now. >>> first up, late breaking news tonight, florida republican senator marco rubio has joined the filibuster threat over the pending senate gun control legislation. as always we'll get the very latest from ace reporter and cnbc contributor robert costa. he's signing on with rand paul and others. what do you make of this? >> reporter: this is big ne

i'm larry kudlow. this is "the kudlow report." all right. a touch of optimism tonight. that's right. corporate profits, record high. housing showing signs of recovery. business investment and manufacturing, reviving. we just had the dow post its second highest club ever. the fed, stimulative. it's not perfect. wages and jobs are on the sloppy side but i believe the budget-cuts sequester will not lead to catastrophe and the margin will help. here's something else to boost the economy p. the keystone pipeline. the oil industry is celebrating the fourth positive report on the project that came out late friday. president obama has run out of excuses. he must approve the keystone pipeline. you have heard of too big to fail. what about too big to jail? a bipartisan team of senators wants to know if the justice department is refusing to prosecute big banks because they are afraid it would implode world financial markets. "the kudlow report" begins now. >>> the dow continues to flirt with a record high. we are 37 p points from the 2007 peak. corporate profits at record levels.

i'm larry kudlow. i know what you're thinking...

joy reed, when he is in an interview with larry kudlow, who used to be the biggest paul ryan worshipper in the world, gets down to the question is what is really a budget, he is on the ropes here. >> absolutely. there was another part of that interview with his former bff, larry kudlow where he says we had to accept the tax increases passed in january because we're not going to be able to repeal those, but we're going to repeal obama care, even though everybody understands they're never going to repeal that. he is talking around the realities because he can't get numbers to add up unless he absorbs a lot of policy that broemd champions that he says he hates. in addition, i am waiting for paul ryan to explain why it is evenness to balance the budget in ten years? what is he going after? >> what did you just say, why is it necessary? what's the matter with you, why is it necessary to balance the budget, most important thing you can possibly do, isn't it? they have been saying that for years, nothing more important than balancing the budget. >> do businesses not run deficits? anyone that b

i'm larry kudlow. this is "the kudlow report". top of the news this evening, it looks like cyprus hammered a deal with the european union and the stock market sniffed that out well in advance with a 91 point game. where is this long awaited correction? with the rising economy and profits this rally still has legs. also in year three of obama care premiums and insurance costs are rising sky-high. so are taxes. and small business costs are reducing profits by as much as 65% according to one small business owner we will talk to tonight. and the virtues of a free market capitalism that we talk about every night on this show are now forbidden fruit at stanford university. a popular long running pro capitalist course at that school has now been cancelled. what is up with that? "the kudlow report" begins right now. >>> first up, a major vote in the cyprus parliament helping to get that country closer to a teal with the european union. michelle caruso-cabrera joins us from cyprus again this evening with the very latest. good evening, mich

i'm larry kudlow. this is "the kudlow report." is famed neurosurgeon ben carson the black conservative who can save the gop. he retires in 100 days and will reveal his plans for future public service to us in just a few moments. >>> and government payroll has dropped 37,000 since the recession bottom, but private jobs have rocked 5.2 million higher. as i've said many times, lower spending and limited government, including government jobs, is good for the private economy. that is the real engine of the economic prosperity. >>> plus the supreme court this week will hear two important cases concerning same sex marriage. shouldn't the black robe masters leave the important social decisions to the states and their democratically elected legislatures or referenda? let the people decide. "the kudlow report" begins right now. >>> first up, in recent weeks, he's become a conservative super hero icon. that following his triumphant speeches at the national prayer service and the cpac political conference. dr. ben carson has a message to roll

i'm larry kudlow. this is "the kudlow report".ur lead story tonight call it deficit dinner diplomacy. president obama has changed his strategy and now meeting with key republican senators and house members, finally a falling of the political ice and rolling up of the sleeves in washington. you know what? i say this is a very positive development. it's a good new strategy for the president and i give all the credit for it in the world. now, we'll see what it brings. speaking of positive, another record high close for the dow and key economic data points looking positive. the market rally is not all about ben bernanke's fed. both profits and economy are doing better than many expected. i'm playing this from the optimistic side. there's no debate about the economic impact about america's booming energy sector. last two reported months we kicked saudi month in oil production. american ingenuity strikes again. >>> first up this evening in search of the big budget grand bargain president obama is take agnew approach in dealing with the

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i'm larry kudlow. this is "the kudlow report." what a difference a week makes.t friday night the news was all gloom and doom. president obama was predicting the worst because of the budget-cutting sequester. republicans, democrats, including the president, were at each other's throat. but fast forward to tonight. they're basking in the glow of a very good jobs report, 236,000 new jobs created and unemployment rate dropped to 7.7%. the economy may not be as good as it could be but it is stronger than many thought. and on wall street the dow set record high after record high this week. closing up another 67 points today and showing gains on all five trading days for a weekly rise of 307 points. corporate profits, dividends and other payouts to investors are soaring. i am still playing stocks and the economy from the optimistic side. and in washington a new president obama engaged in deficit dinner diplomacy with those very same republican senators he was bashing only a week ago. this is good in my opinion. now we are hearing that former president bill clinton may

paul ryan will be talking to larry kudlow later in the day. gina sanchez is still with us.ina, i want to go back and -- well, before i do that, let's talk about the u.s. since we're on the news. do you buy into equities here inspect do you think the s&p 500 can be next to claim that level? >> he think it's hard to want to buy in here. and if you look at forward earnings, those are going to have to rationalize. average expectations is somewhere around 108. >> i kraelz this is a redeck yuls mart, but you've done well. i think the jobs report is a little behind. is it the fed who is dictating things here? >> well, obviously, the buy has been to basically -- the markets have had plenty of faith. it's even more so in the u.s. there is a tremendous amount of faith that everything is going to work out okay. fiscal cliff? no problem. now weir headed towards the government shutdown and the markets are saying, no problem, it's going to be fine. >> after seven straight days of gains, usually we see that behavior towards the end of trading, not the beginning. >> and i would say once yo

. >>> do not miss larry kudlow's exclusive interview with paul ryan tonight. >>> on deck here, why might google be the next microsoft? we'll explain. >> we will indeed. >>> plus the secrets your facebook profile are revealing to everyone, no matter how tight your security settings. we're also keeping an eye on the market. it is currently around session lows. >>> the tide are changing research firm idc says smimt's of google's android-based tablets will take over i pads this year. it will be the first time that apple has not commanded at least 50% of the market. >> new research -- a study by the company's economics lab calls into question the value of big money on paid search ads. google seems to be getting into everybody, paid search is still how google gets most of its money. yousef has a buy on google with a $900 target. if other companies are finding low value in paid search, that's a bad thing for google. no? >> well, yeah, you would think, but again you have to really put that article in perspective. there's a couple things that stand out. the first one is clearly the fact that ebay

we have larry kudlow phoning into us. you are a roman catholic yourself. what do you feel the church needs right now in this new pope? >> i liked a lot of the things i heard from mary. i just divided this up into a couple of issues. cardinal dolan was my favorite because i happen to know him. i somehow don't think it will be him. the vatican bank is an absolute mess and it has got to be cleaned up. and the new pope has got to appoint brand new people to the board and the key officers of that bank. that bank is such a darn mess right now and it's got to be cleaned up. otherwise they will be in trouble with local authorities. second, i think mary mentioned this. the issue of cleaning up the various sex scandals. there has to be a clean sweep. more people have to be fired. more people have to be changed. the church has to be, really, has to be absolutely holy and perfect on this issue. it must be cleaned up. and third is the evangelizing that i think i heard mary mention. one of the issues for pope benedict was to bring more people back into the church. those

>> joining me steve forbes and larry kudlow. >> steve, you think the federal reserve is hurting the economyver the long-term? >> that is right. it is distorting the credit market households are having a hard time getting a good line of credit. mortgage backed securities get what they want and big companies get what they need and the job creators are saying over a three year period the economy is growing less and less. stalling now. so the federal reserve trying to help us has hurt us. >> larry, foot on the ped al to much? >> i never approved of all after this. to steve's point, you have to look at the numbers. the monetary base, which is the bonds they buy, it is the liquid tuesd ity has grown at 62% in the last two months. this is qe 3 kicking in and i think stocks are absorbing this. i do believe that profits have played a major role in this stock market rally. i don't and i think as long as profits keep rising you are going to be okay. >> at all to the fed? even though levels are a few. >> i don't ascribe that the markets are to the fed. and i don't approve of that. it interesting if you

i'm larry kudlow, in half hour, the situation in cyprus is on the edge of the abyss, if russia did notem out, their economy will implode and they will be forced out of the euro economy entirely. and senator kelly ayotte is looking to get a budget deal without more spending and taxes and i want to know if the so-called gop reforms are going to split the party in two or make it more inclusive. senators working against a needless missile to nowhere program that she will explain to us. ben bernanke is keeping his foot firmly on the qe gas pedal or did he? please take a listen. >> we are seeing improvement. i think one thing we would need is to make sure that it's not a temporary improvement. so, we have seen periods before where we had as many as 300,000 jobs for a couple of months and then things weakened again. an important criteria would be not just the improvement that we have seen, but is it going to be takened for a number of months. >> let's bring in experts to help walk us through this. mark olsen, a former governor and mark, welcome back, not only did the bernanke talk about the s

. >>> representative ryan will speak exclusively with our larry kudlow about that new balanced-budgetduced tonight on "the kudlow report" at 7:00 p.m. eastern time, exclusively on cnbc. sue? >>> ty, new year's plans to ban sugary sodas goes flat, but it's about more than that. we'll take you inside the industry's plan to get america hooked on the billing three -- sugar, fat and salt. >>> plus the trend in china that could have the devastating impact on the country's economy. what's going on? >> the chinese rich are getting richer and more numerous, but a lot of that wealth is leaving the country. just how much, where it's going, and how we might benefit. that's coming up next. >>> it's now up almost a full percent after its cfo said it expects to increase capital returns to its shareholders. last year they returned about and the stock is trading at 42.25. now let's see what's coming up on "street signs". >>> who said that charts were boring? we can make them sexy, especially if they tell you where the markets are going. from a texal basis, we could be strict, we're going to delve into

our very own larry kudlow has a sit down interview with john boehner tonight at 7 awning p.m.the kudlow report. >>> back it what is happening with the markets. you look at numbers and they are saying, everything is fine. but signs on the street say, not so fast. let's bring in cena sanchez. steve liesman as well might weight in on this issue. i want to get to you first of all within gina. tell me, where is the bad news and is it bad enough to see any correction in this market? >> underlying signs of nervousness -- >> oh, sorry, gina, go ahead. >> i was going to say underlying signs of nervousness point to a stretched market rally. though we do believe that central bank kks remaining a accommodative will remain calmer over the longer term but you are asking where the signs of nervousness come from. it is lack of conviction. most inflow coming by ets. broad market quickly as opposed to direct specific stocks. you know, secondly, moving on to, where else we see the risk, inflows have been going into safe havens, actually, safe haven bonds and defensive stocks. and have been the m

. >> and in an interview with cnbc's larry kudlow, ryan appeared to admit that he is depending on health care reform to achieve his balance. >> the likelihood of getting repeal this year is very, very, very low. does it blow a hole in your ten-year budget? >> sure it blows a hole in your budget. because it calls for continuing the spending. but what is a budget? a budget is our vision for how we should fix this country's fiscal problems. and a key part of that vision is we don't take over, have a government takeover of health care. >> somewhat accidental straight talk there, that the budget is not actually a framework to do anything. it's a vision, it's a political document. the charm offensive of the last week has also not cured gridlock and partisanship in washington. just consider what happened yesterday. republican senators john mccain and tom coburn, both of whom dined with obama last week, stalled the senate legislation to keep the government operating past march 27th. and we're hearing griping from the white house. that senior official who anonymously told the "national journal,"

in an interview with larry kudlow, those programs are very much on the table. >> adjustments for socialurity and benefit adjustments, means testing for medicare. could those points serve as the basis for a larger deal? >> oh, absolutely. they're going to be on the table. they should be part of the agreement. there's a lot more that needs to be done. >> asked politely by my colleague if he will be attending the dinner, the speaker said nothing. kristen welker joins us now from the white house. is this a clear indication that the president has frankly given up on speaker boehner and instead is approaching individual senators one by one in the hope of maybe reshaping a grand bargain, something he hoped to achieve two years ago? >> i think that's right. and remember, it also comes against the backdrop of president obama having been criticized for not reaching out to lawmakers. sop i think optics are at play here. but white house officials acknowledge president obama ramping up his outreach to rank and file republicans. and those are going to be attending this dinner tonight have been invite

from speaker boehner in a short time, but we had an opportunity to see the speaker sit down with larry kudlowr at cnbc talking about what you mentioned, the top-down approach and how it's not working for him. look at this. >> hope springs eternal. a lot of people would like a deal. >> but i don't think it's the way to get to one. you don't have enough member -- listen, two people hiding behind closed doors doesn't replicate a 535 members of congress who are the wisdom of 535 members of congress or for that matter 300 million americans. >> coming up in the next hour, we know lunch will be had with congressman ryan. chris van hollen will be at that lunch as well. will be or guest, but we see the gop senators willing to move of are the house republicans, is that where the obs nens will set? and that's why an important ally would be someone like paul ryan? >> he would be important, but starting from the senate, if they could get a bipartisan agreement, there's so much pressure on them. they've taken a beating with the sequester, popularity is at an all-time low. if they're forced to respond. >>>

. >> 50% of the portfolio in gold, and i'll tell you, i was on this program on larry kudlow's show inuary of 2009 and went long then. i was three months early. i went 85% long in the portfolio in january of this year as well so i'm not a perma bear. watch out. the crash is going to be exponentially worse than the real estate crisis. >> and burt white, you've been skeptical of this rally for a while now, haven't you? >> yeah. i'm probably stuck between these two guys. i actually think that there's a lot of uncertainty out there, and clearly it takes a lot of fuel and air to continue a big market move like this. so we think we're a lot closer to the top of a very tight trading range so we think we're a lot closer to the top here and think that it's going to take a lot for bulls to take this market much higher. >> i want to go back to something michael pento just said. mikeal, you said this collapse is going to be a lot worse than the housing collapse. >> much worse, much worse. >> well, what are you saying? are you telling me we're going to get a serious meltdown in stocks? >> i believe

i'm larry kudlow. this is "the kudlow report." cyprus defiantly and unanimous low votes against a bank at tax plan. now the risks of bank runs and bank collapses mount in this tiny country. we are about to bring you live report from cyprus. but cyprus may have an ace in the hole. it's called russia. the parliament is going hat in hand to russia to save its financial system in return for ownership of its natural gas resources. so do i have this right? the russian money-laundering thugs can save cyprus and maybe europe and maybe the global financial markets as well? it's a very scary thought. however, here at home, american business leaders speaking in one voice in a new campaign to push pro growth corporate tax reform. i like it. the polls show it. there's too much talk about root canal, dent and budge cutting. we need growth, we need optimism. we need "the kudlow report." it begins right now. >>> first up this evening, let's go live to cnbc chief international correspondent, michelle caruso cabrera who joins us from cyprus with th

larry cut low. this is "the kudlow report." another day, another high for

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i think it's coming back tepidly and slowly but as larry kudlow and i talked about last night, we agreeuse something doing well in certain parts of the country. i mean, escalation clauses of major urban areas, d.c., new york, et cetera, et cetera, san francisco. the question is what's happening in the middle of the country in the pockets where it was hit hardest and worst and quickest? and so american businesses are doing fabulously. stock market never been higher. all across the board we are doctor every indicator is showing that we are doing better. the question is what about the workers? >> well, yeah. that's a big question. we have the unemployment numbers that were up. a couple hundred and change this last month. do you think it's being felt as a positive uptick turnaround beyond wall street? >> it could be. it's an unusual place, believe it or not. it's in city and state governments because with a strong stock market, the pension process, the pension funds are much more stronger and the cities and states have to contribute a lot less. so they have more money to maybe hire back som

larry kudlow is just as bad with the corporate profits hitting record highs and they don't hire anybodylly bad producer. he forgot to tell me that was an online poll. [ ♪ "world news tonight" ♪ ] >> abc news. they're a bad news organization because they didn't mention it was an online poll? >> stephanie: all right. we're passing the buck to abc. >> yes! >> stephanie: so we take back even the skosh of obama saying i -- i take it back now so do you! [ buzzer ] >> do i? >> stephanie: yes. >> i take it back or i'm fired. >> stephanie: democrats are coming down along with the republicans over the fiscal mess. that was an online poll, notoriously unreliable. paul did quote the actual poll, the wall street nbc news poll that shows americans view them as more partisan. even if you pay a skosh amount of attention, you would have to be able to pick up. >> most people don't pay a skosh amount of attention. >> stephanie: they obviously do because it is 3-1. >> obama keeps hoping the republicans would be reasonable and thoughtful and do the right thing and they won't. they want to destroy him. that'

anybody who has watched larry kudlow has done a great job. instability is on the rise.our teeth. okay. there's about 14 million people on disability right now. and how many of these people are counted in the ranks of the unemployed, you ask, zero. zero. so where is the incentive to address this? we need to put them above the radar screen. in this article they concentrated the first half on an area, hale county, alabama. one in four working age adults are on disable. it isn't just a problem for people who are older, although that's part of it. most of the stories being recanted in the article are 18 to 64-year-olds. not in retirement. and it's really portrayed as another welfare program. but it isn't exactly the same. first of all, if you look at minimum wage you can come up with $15,000 a year income on minimum wage. here's the wild card. on 13,000 you get health insurance. yes, health insurance. and the whole program is just shy of $300 billion a year. if you look at the research, this is the final point. anybody in the first quarter, how many of them have moved out of

medicare and something paul ryan has talked about and he'll have more on that in the interview with larry kudlowou about the letter we got from jeffrey immelt at ge when he says the major source of volatility in corporate spending is the united states, something i never thought i would see. it's hard to see that the u.s. will return to its full-growth potential. is there a continual pressure these politicians from big business, from corporate america to basically smack their heads together and get a deal done or are they actually, is big business actually now impotent on capitol hill given the deep divisions that there are between the politicians? >> reporter: pretty much everybody is impotent on capitol hill as far as the two parties are so far divided and relatively equal in power so that neither one can overwhelm the other, simon. we did see at the end of the year during the run-up to the fiscal cliff, business got involved in a very serious way to fix the debt and other public outlets and we're trying to knock heads, as you said, to get a deal. they got a little bit frustrated when that didn

. >> but admittedly, paul ryan said this on larry kudlow's program.an. if we had our way, use it as a bargaining chip. >> but note that the republicans are not threatening to shut the whole country down in two weeks when we get to then continuing resolution phase. we've moved out of the complete insanity of let's blow up the plane to, you know, here's where we would take things if we were in charge, but we're not, so -- >> that sounds like gridlock. >> that sounds like we're not going to get anywhere. everybody's kind of entrenched. >> but gridlock -- >> if we don't change from the course going forward is very different than we're going to blow up the plane, which was the position before with the debt ceiling. if i don't get what i want, i'm blowing up the building. >> the market doesn't care what's happening in washington. >> that's right. washington is making its irrelevant. >> the market has voted those guys irrelevant. >> right. >> why -- i think they do care. i think they were worried washington would do something even worse. and so i think getti

larry cut low. this is "the kudlow report." another day, another high for the dow. guess what, america, this is not all about bernanke and the fed. i know the fed is helping boost stocks, but so are record corporate profits, housing recovery, and even the budget cutting sequester, and add to that a big rebound today in business investment that could spell stronger job creation. we're going to talk about that in just a few moments. meanwhile, washington's already talking about the stock market rally, but not necessarily in the same voice. republicans in congress see the sequester as being one reason for the upturn, but democrats still playing the scare tactic game, at least some of them. just take a listen. >> these are savings that have been anticipated for years, delayed for months, finally arrived last friday. the market responded yesterday with an all-time high. >> wall street is celebrating while the backs of poor people are being broken. >> will, there you have it. anyway, the highlight of "the kudlow report" this evening, my exclusive interview with john boehn

and we want to let you know that tomorrow night exclusively on the kudlow report, represent paul ryan will join larryalking about those very issues that john just outlined for us. >> the stocks have been flying high with the airline index up 45%, 20% so far this year alone. what is fuelling the red hot sector? phil lebeau knows. >> really have not seen a lot of storms that have hit the bottom line. then you look at passenger revenue and it continues to go up. it has been posting positive numbers in the month of january and february. airline passenger numbers up in large part because ancillary fees continue to bring in plenty of money for the airlines. the airlines brought in $36 billion in things like baggage fee fees, where you are sitting, when you board. they have also been able to keep their fares relatively in check. we have not seen a lot of fare sales. are the airlines jacking up the fares? they haven't been able to. you will see that the average air fare here in the united states, while it has gone up slightly, it has not been huge. delta, wow. look at that return over the last six months, up