jason smith joining us this morning in that exclusive. have a great day, everyone.t matter to to you. "sunday morning futures," that's it for today, i'm maria bartiromo, watch us again today on fox news at 3 p.m. have a great rest of your weekend. get a whole lot of something with farmers policy perks. (driver 3) come on! ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ i had been giving koli kibble. it never looked like real food. with the farmer's dog you can see the pieces of turkey. it smells like actual food. as he's aged, he's still quite energetic and youthful. i really attribute that to diet. get started at longlivedogs.com ♪ ♪ howard: perhaps never in recorded history have so many journalists hit so much without knowing so little. donald trump denounced the fbi search at mar-a-lago, and initially he was the sole source, at first bare withly mentioning that agents acted under a court-approved warrant. but merrick garland has plenty to answer for as well. now, the media largely scoffed when trump called himself a victim of political persecution and described t

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jason smith joining us this morning in that exclusive. have a great day, everyone.that's is the "sunday morning pooches," i'm -- sunday morning futures," i'm maria bartiromo. have a great rest of your weekend. only at vanguard you're more than just an investor you're an owner. that means that your priorities are ours too. our interactive tools and advice can help you build a future for the ones you love. that's the value of ownership. ♪ whenever heartburn strikes get fast relief with tums. it's time to love food back. ♪ tum tum tum tum tums ♪ [♪] larry: hello, folks. welcome to "kudlow." i'm larry kudlow. the schumer-manchin reconciliation bill falsely titled the inflation reduction act is the you will maments big government socialism bill. it defines the democratic party as the wrath radical left. there is no inflation reduction. there are no incentives fo

john: representative jason smith. heidi shierholz? a lot there. heidi shierholz there is a light -- heidi: a lot there and it is all wrong. economists saying that this will not fix inflation, that is wrong including nobel laureates, two former federal treasury secretaries, two former chairs of the federal reserve into former chairs of the white house council of economic advisors -- all of them signing this letter saying that the inflation reduction act will bring down inflation. so, he is wrong on that. the idea that this will not bring down the deficit is also dead wrong. the idea that it is frontloaded is dead wrong. he may be confusing the inflation reduction act with the build back better act, which is an earlier iteration. that was very much front loaded, there was a lot of spending in the front, the deficit increasing in the beginning and then, deficit reduction down the road. that is not the case for the inflation reduction act. it is not going to be a big deficit increase in the beginning. and his point on the irs, he is right, it will inc

joining us now the ranking member of house budget, jason smith, the congressman joins us now.l the dubious statements made out of d.c., they have it all under control, we know what we're doing, look at this "the washington post" gave four pinocchios to president biden, said the chips act would create a million jobs, "washington post" found out that the actual number is 6200 jobs. what is going on with all of this? >> this is very typical of the biden administration. they will say one thing, do another. it is, the prime example of the passage of inflation reduction act. it is supposed to reduce inflation. just even the president's, president's speech right before he signing it, only talked about reducing inflation one time. we all know it's a climate bill. it's all about rewarding their political friends, allies, donors and does nothing about reducing inflation. it's a come meet lie that bill reduces inflation. it is the same way with everything else they're talking about. they distract voters americans by saying one thing and do another. elizabeth: they will do an 10 million-d

congressman jason smith, arizona attorney general mark brnovich, joe gamaldi, with the fraternal order of police, hans von spakovsky. carol roth, "washington examiner"'s byron york and "the hill"'s joe concha. president biden is in swing states 70 days before the midterms. still no plans to go to the border as biden's own border chief contradicts the white house saying yes, the border is in crisis. vice president kamala harris, the latest dodge who will pay for biden's one trillion dollar student loan handout what it is you. more details on the top fbi agent escorted out of fbi headquarters in d.c. on charges of political interference in fbi probes including hunter biden. white house now focused on europe's energy crisis. 20 million americans here at home can't pay their energy bills. plus why it is cloudy with a chance of fraud in the democrat's new green energy spending. i'm elizabeth macdonald. "the evening edit" starts right now. ♪ elizabeth: welcome to the show, you're watching fox business. we begin with stocks down for a third day as strong data, it is driving worries about fed

congressman jason smith, carol roth, thanks so much for joining us. good to see you. >> thank you, liz. >> we've got an explosive whistle-blower complaint calling out twitter, alleging that twitter is threatening u.s. users privacy, even u.s. national security. tonight this same whistle-blower warned about this years ago. and the wife of st. louis police captain david dorn, he was murdered in the 2020 riots. she is slamming black lives matter, george soros and vice president kamala harris as quote, super villains for weakening the fight against crime and for dividing america. joe gamaldi takes it next on "the evening edit." >> if all politicians don't have respect for law enforcement and our first-responders what makes you think the perpetrators will? they're taking the lead from our so-called leaders. ♪ we've been married 53 years. we love to walk on the beach. i have two daughters and then two granddaughters. i noticed that memories were not there like they were when i was much younger. since taking prevagen, my memory has gotten better and it's lik

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and congressman jason smith plus former defense department chief of staff. my special guest sunday, 10:00 a.m. eastern live on fox news. right here on foxbusiness start smart each weekday with mornings with maria. that will do it for us right now. have a great rest of the weekend everybody. i will see you again next time. ♪♪ >> hello. i am james freeman and for jerry baker. fbi credibility on the line after president trumped mar-a-lago home was raided. what we know and what we learned this week of the attorney general. democrats tax-and-spend bill womack simply expand the irs. job descriptions are ready to use deadly force against you. another wave of migrant buses arrived in new york city as a feud between adams and avid heats up. woke this run a mark in our schools. critics say that is what is causing our teacher shortage. we will talk all about it with our power panel coming up. attorney general garland made a brief statement. he took no questions from the assembled media and provided no explanation for monday's search of former president donald trump's h

exclusive interviews with trump media technology groups, congressman scott perry and congressman jason smithef of staff kasha patel paid my special guest sunday 10:00 a.m. eastern live on fox news. right foxbusiness start smart every weekday from 6:00 a.m. -- 9:00 a.m. eastern for mornings with maria but we hope you'll start your every weekday with us on foxbusiness. that will do for us right now. have a great rest of the weekend everybody. thanks so much for watching i'll see you again next time. ♪ ♪ ♪ ♪ ♪ >> hello i'm james from it in for jury bakery on the wall street journal at large print epic road line after four president trump gascon's home was raided for its what we learn from the attorney general. also look out democrat tax-and-spend bill will massively expand the irs. according to job descriptions taken from their

exclusive interviews with devon nunez, congressman scott perry and congressman jason smith plus formerent chief of staff. my special guest sunday, 10:00 a.m. eastern live on fox news. right here on foxbusiness start smart each weekday with mornings with maria. that will do it for us right now. have a great rest of the weekend everybody. i will see you again next time. ♪♪ >> hello. i am james freeman and for jerry baker. fbi credibility on the line after president trumped mar-a-lago home was raided. what we know and what we learned this week of the attorney general. democrats tax-and-spend bill womack simply expand the irs. job description

congressman jason smith. plus former defense department chief of staff kasha patel paid my special guest sunday 10:00 a.m. eastern live on fox news. right foxbusiness start smart every weekday from 6:00 a.m. -- 9:00 a.m. eastern for mornings with maria but we hope you'll start your every weekday with us on foxbusiness. that will do for us right now. have a great rest of the weekend everybody. thanks so much for watching i'll see you again next time. ♪ ♪ ♪ ♪ ♪ >> hello i'm james from it in for jury bakery on the wall street journal at large print epic road line after four president trump gascon's home was raided for its what we learn from the attorney general. also look out democrat tax-and-spend bill will massively expand the irs. according to job descriptions taken from their website, ready to use deadly force against you. migrant texas governor abbott heats up. also, awoken us run amok at our schools. critics say that's what's causing our teacher shortage bill talk all about it with our power panel that is

calling it a reckless spending spree that over a billion dollar average per page missouri republican jason smithwill make inflation worse by raising taxes on average americans. still lots of spending up front. lots of debt up front and then maybe savings 8 years from now. >> how is that going to put out the fire of inflation enough with this with the fear mongering by their site. but democrats rejected that claim and say the bill will only ensure corporations and the wealthy pay the taxes they owe. >> after today's vote, the bill will head to the president's desk where president biden says he plans to sign it. >> for now in washington, i'm anna wiernicki. back to you. >> all right. we are learning some new details now about the armed suspect who attempted to breach. the fbi's office said the field office there in cincinnati, ohio, yesterday 30 say the gunman. 42 year-old ricky schiffer may have ties to the january 6th insurrection. he is believed to have been in dc in the days leading up to the riot and may have been present at the capitol on the day of the attack. he's also suspected of making

calling it a reckless spending spree that over a billion dollar average per page missouri republican jason smith says it will make inflation worse by raising taxes on average americans. still lots of spending up front. lots of debt up front and then maybe savings 8 years from now. >> how is that going to put out the fire of inflation enough with this with the fear mongering by their site. but democrats rejected that claim and say the bill will only ensure corporations and the wealthy pay the taxes they owe. >> after today's vote, the bill will head to the president's desk where president biden says he plans to sign it. >> for now in washington, i'm anna wiernicki. back to you. >> coming up, a judge unsealed the search warrant that led to the fbi search of donald trump's florida estate. and we'll talk to political analyst michael yaki about - you okay? - there's a flex alert today so i'm mentally preparing for the power outage. oh, well we can help stop one because we are going to reduce our energy use from 4-9pm. what now? i stepped on a plug. oh that's my bad! unplugging. when it comes to preve

jason smith of the budget committee, a republican ranking member there, right in student loan cancellation is just another bailout for the wealthy, just like giving wealthy americans a $7,500 subsidy to buy an electric vehicle. washington democrats are a party of the wealthy elites, not the working class. instead of putting a band-aid on the problem and passing the buck, they should be giving students and parents a true picture of their costs upfront. from the other side of the aisle, a democratic congresswoman from california saying the student loan debt crisis in this country impacts the ability of so many in my district to afford to live in our city. everyone deserves access to a quality, of horrible education. student debt should not be a barrier to achieving the american dream. then, this joint statement yesterday from the senate majority leader chuck schumer and democratic senator elizabeth warren of massachusetts, saying the positive impacts of this move will be felt by families across the country, particularly in minority communities. it is the signal most effective action a presid

>> yeah the cost will -- congressional budget office i think cbo or joint tax, sent a letter to jason smiththe ranking republican on the house budge committee that the drug price controls, will, are you ready for this? increase drug prices, increase drug prices as many of us predicted. so everything in this bill is phony. everything in this bill is the reverse of president trump put. everything in this bill is against prosperity and price stability. look, american vote remembers against it. american voters -- elizabeth: larry, you and i, we've been covering business, since the '80s. i covered the irs for decades. when you have 87,000 new irs agents harassing people to pay for their spending, again are they going to 6:00 the irs agents on the climate change boondoggle? that is where the money is. >> no they will sic the irs agents on you, and me and uber drivers and small business owners. they will sic the irs agents on conservatives an religious committees and right to life committees this is it like the lois lerner story redux, you recall back in 2013 this is all bad, but, at the end of th

calling it a reckless spending spree that over a billion dollar average per page missouri republican jason smiths it will make inflation worse by raising taxes on average amedicans. still lots of spending up front. lots of debt up front. >> and then maybe savings 8 years from now. how is that going to put out the fire of inflation enough? >> with this with the fear mongering by their site. but democrats rejected that claim and say the bill will only ensure corporations and the wealthy pay the taxes they owe. after today's vote, the bill will head to the president's desk where president biden says he plans to sign it. >> for now in washington, i'm anna wiernicki. back to you. >> student loan repayments are scheduled to start back up again at the end of the month. and there's no word yet from the white plans to forgive those debts or offer an extension on those payments. the white house previously shared it could forgive up to $10,000 in student debt per borrower. the naacp says if the administration wants to help close the income gap between black and white americans, they must act quickly. they

host: jason smith from the floor of the house. there is a lot there.st: almost all of it is wrong. i will take them one at a time. economists stated that this will not reduce inflation. that is just wrong. there is a letter signed by 120 six top economist including seven nobel laureates, two former treasury secretary, two former phis presidents of the federal reserve. all of them signing this letter saying that the inflation reduction act will bring down inflation. he is just wrong on that. the idea that this will not bring down the deficit is dead wrong. the idea that it is frontloaded is dead wrong. he may be confusing it with the build back better act which is in earlier iteration of this. that was very much frontloaded. there was a lot of spending in the front and beginning and then deficit reduction later down the road. that is not the case for the inflation reduction act. it is not going to be a big deficit increase in the beginning. he was right on the irs. it will increase resources going to the irs. and the idea that that is bad for the americ

jason smith is on the house budget committee. so, okay, you tell me.what was your first thoughts? >> is laughable. they should be naming them "the green new deal build." more than $400 billion with all the spending in this bill goes towards green new deal policies. seven and a half billion dollars for electric tax credits for the wealthy. $7 billion to the epa. you are looking at even paying the wealthy who have electric cars billions of dollars to resell those electric cars. there is billions for tree equity, planting trees. this is not about lowering inflation. it spends $745 billion and will increase debt by 146 billion. just the first five years, under even the democrats guidelines, it adds $54 billion to debt and does not even have their fake budget deficit decrease until the year 2030. that is not doing anything for inflation. >> dana: one of the ways that they showed they could pay was that they were going to hire more agents. and i am wondering what kind of because you are getting in your district office about that. >> i can tell you, people ar

jason smith saying the student loan cancellation is another bailout for the wealthy. washington democrats are the party of wealthy elites. instead of putting a band-aid on the problem we should be give students and their families a clear picture of the true picture of their costs of their education. joni ernst saying that. this joint statement yesterday from the senate majority leader chuck schumer and senator elizabeth warren saying a positive impact will be felt by families across the country and it is the single most effective action the president can take on his own to help working families. this will improve borrower's economic security, and help them pay down other debt. no other president or congress has done more to relieve student debt to help millions of americans make ends meet. speaking of elizabeth warren, it was c-span who dug into the archives and found this from the 2020 campaign trail interaction between elizabeth warren and somebody had shown up to meet her at one of her events in iowa. [video clip] >> i just have one question, you're going to pay fo

let's hear from representative jason smith, the top republican on the budget committee, who is speaking the bill. >> we are debating what democrats call the inflation reduction act, which everyone from the congressional budget office to 230 different economists, even senator bernie sanders says will not actually reduce inflation. when you strip away the fake sunset policies, this bill spends 745 billion dollars and adds $146 billion to our debt. it adds $54 billion worth of debt just in the first five years. and 80% of their budget deficits don't even begin until after the year 2029. lots of spending upfront. lots of debt upfront. and then maybe savings eight years from now? how is that going to put out the fire of inflation when the price of groceries is up 13.1% over the past year. senators's mansion and schumer, secretary yellen and former president obama are all on record saying you don't raise taxes during a recession. but that is exactly what this bill does. it includes $599 billion in new taxes and budget gimmicks. half of the tax burden falls on taxpayers making less than $400,0

let's hear from representative jason smith, the top republican on the budget committee, who is speakingut against the bill. >> we are debating what democrats call the inflation reduction act, which everyone from the congressional budget office to 230 different economists, even senator bernie sanders says will not actually reduce inflation. when you strip away the fake sunset policies, this bill spends 745 billion dollars and adds $146 billion to our debt. it adds $54 billion worth of debt just in the first five years. and 80% of their budget deficits don't even begin until after the year 2029. lots of spending upfront. lots of debt upfront. and then maybe savings eight years from now? how is that going to put out the fire of inflation when the price of groceries is up 13.1% over the past year. senators's mansion and schumer, secretary yellen and former president obama are all on record saying you don't raise taxes during a recession. but that is exactly what this bill does. it includes $599 billion in new taxes and budget gimmicks. half of the tax burden falls on taxpayers making less t

i yield to ranking member jason smith. welcome. >> thank you mr. chairman. america is in a recession. under biden's inflation crises, under the wreckless spending policies of the democrat one party rule in washington, americans see their real wages have gone down 4.5%. just this morning, we found out that inflation was up 8.5% last month. since joe biden became president inflation has risen 13.7%. remember when everyone was saying it was transitory. now they haval piece of legislation trying to reduce something that they didn't believe existed. americans are paying $5900 more this year because of democrats wreckless spending. i wish we can do something about that. we are not. democrats will claim this bill will reduce inflation. naming a bill something does not make it so. the congressional budget office, over 230 economist and even the senate budget chairman bernie sanders, have said that this bill will either do nothing to address inflation or will actually make it worse. it's not hard to see why. this bill is more of the same taxing and spending from wash

we'll talk about that as a well and we'll get into that boone doggle of a spending package with jason smithst view tv. thank you for joining us this morning. maria: thank you. rachel: coming up, we're bringing the beach to fox square for a good old of fashioned seafood boil. the shrimp tastic tips for a perfect summer feast. ♪ we drink all day and party all night. ♪ means i'm going to have you on my mind. i'm a performing artist. so a healthy diet is one of the most important things. i also feel the same way about my dog. we got her the farmer's dog sent in the mail. it was all fresh. i want my dog to have a healthy and long life. the farmer's dog helps that out. see the benefits of fresh food at betterforthem.com seen this ad? the farmer's dog it's not paid for by california tribes. it's paid for by the out of state gambling corporations that wrote prop 27. it doesn't tell you 90% of the profits go to the out of state corporations. a tiny share goes to the homeless, and even less to tribes. and a big loophole says, costs to promote betting reduce money for the tribes, so they get less. hid

this is from jason smith. build and behind it— eased the cloud will build and behind it we are looking at a mixture _ behind it we are looking at a mixture of sunshine and showers. the temperatures today ranging from 15, 21 to a _ temperatures today ranging from 15, 21 to a high — temperatures today ranging from 15, 21 to a high of 25. in the evening we lose — 21 to a high of 25. in the evening we lose this rain from the east of ingrid _ we lose this rain from the east of ingrid. behind it overnight some clear— ingrid. behind it overnight some clear skies. some may fog patches forming _ clear skies. some may fog patches forming and by the end of the night and you _ forming and by the end of the night and you weather front bringing in some _ and you weather front bringing in some showery rain across the west. tonight— some showery rain across the west. tonight witt— some showery rain across the west. tonight will feel quite muggy almost across— tonight will feel quite muggy almost across the _ tonight will feel

will smith's star power is dropping after the infamous slap. jasoncluding new music out today. reporter: the dragons are coming. the prequel premieres sunday night. the highly anticipated spinoff of one of the most successful shows ever on television. he stars and tell me it will feel familiar to fans. >> but it does feel like it's on show. it is its own show with new characters. we have 17 dragons. no shade to "game of thrones." reporter: check it out sunday night on hbo. we are learning how much the slap hurt will smith's appeal score. it has dropped significantly. his positives went from 39 to 24,, a serious decline while his negatives went from 10 to 26, a huge jump. madonna giving us all of her number ones in one place. completion of all 50 of her chart toppers. demi lovato's eighth studio album is out today. she turns 30 on saturday. everyone's favorite tv uncle turns 59 today. that is what is happening in hollywood. reggie: he is 59? jobina: that rocks my world. reggie: uncle jesse? and he is still doing it. jobina: still looking good. reggie: