gregg: a former reagan economic advisor, art laffer and heather zumarraga.ne of the nation's leading infectious disease experts dr. anthony fauci will be with us. the president and his team are hard at work on the coronavirus. the federal court of appeals ruling that house democrats like jerry nadler do not have the right to force testimony from former white house counsel don mcghan. reporter: this is a decision both house democrats and those close to the president have been waiting to learn for months. many months of federal appeal courts in a 2-1 ruling saying don mcghan does not have to testify before the house judiciary committee. the mueller investigation is history and don mcghan hasn't been white house counsel since 208. the court is sending the case back to a lower court with instructions to dismiss it. judge griffith wrote article 3 of the constitution forbids federal courts from resolving this interbranch dispute. we agree and dismiss this case. this means a federal appeals court ruled that the constitution bars the court from getting involved in t

probably art laffer as well.eagan and chairman of laffer associates. my lord, can you sort through what mike bloomberg actually believes? he swears he will not raise taxes. he raises them. then he says it is dumb, i can't do it. maybe he is won't do it now because he is saying he would when he becomes president? how do you sort through that? >> what people won't do to get in public office. he was a good mayor of new york. he did a lot of things that were right. now he denounces many of those today. the truth of the matter i like to see what his tax returns look like in march. he promises to release his tax returns. i wonder if he denise all the takes favors he used but now won't let anyone use in the future. it is hypocritical in the future, liz. those taxes will do nothing but make things worse. >> talk about he was a good mayor of new york city. i hear that around the city. it wouldn't be bad if he ran because he was a good mayor. if you comb through thinks legacy, the thing he is best known for is rezoning whi

gregg: a former reagan economic advisor, art laffer and heather zumarraga.ne of the nation's leading infectious disease experts dr. anthony fauci will be with us. the president and his team are hard at work on the coronavirus. the federal court of appeals ruling that house democrats like jerry nadler do not have the right to force testimony from former white house counsel don mcghan. reporter: this is a decision both house democrats and those close to the president have been waiting to learn for months. many months of federal appeal courts in a 2-1 ruling saying don mcghan does not have to testify before the house judiciary committee. the mueller investigation is history and don mcghan hasn't been white house counsel since 208. the court is sending the case back to a lower court with instructions to dismiss it. judge griffith wrote article 3 of the constitution forbids federal courts from resolving this interbranch dispute. we agree and dismiss this case. this means a federal appeals court ruled that the constitution bars the court from getting involved in t

european leaders have been speaking about iraq this year security conference there remained what mr laffer of called a crisis of confidence the crisis of confidence is being felt particularly strongly in european affairs as collating tensions nato's military infrastructure advancing eastwards the unprecedented scale of the military exercises close to the russian borders the inflating of defense budget beyond all possible measure all of these generate unpredictability the confrontational dynamics of the cold war have been recreated while one of those world leaders talking about improving ties between europe and russia was france's money with my call we europeans suffer as much from the sanctions as the russians do in our strategic dialogue with russia we must take the opportunity to fall through some conflicts address cyber issues and talk about space and the militarization of space early on saturday he was also speaking out about his idea to get more autonomy for europe when it comes to defense so that european nations could be able to act independently of the united states in more yup or

european leaders have been speaking about iraq this year security conference there remained what mr laffer of called a crisis of confidence. that is the u.s. would be most what you show it's a crisis of trust is being felt particularly strongly in european affairs escalating tensions as nato is a military infrastructure advance eastwards the unprecedented scale of military exercises close to the russian borders the inflating of defense budgets beyond all possible measure all of this generates unpredictability the confrontational dynamics of the cold war have been recreated the scoop. well one of those world leaders talking about improving ties between europe and russia was france's money when my call earlier on saturday he was also speaking out about his idea to get more autonomy for europe when it comes to defense so that european nations could be able to act independently of the united states. in a more europe will move to put the we can see that there is a certain weakening of the west that has been observed 15 years. ago we thought of ronnie's would be universal values that would alway

former reagan economic advisor art laffer. art, interesting, the line that ronald reagan famously used to beat jimmy carter and when he was up against walter mondale, are you better off than you were? people doubted it in 1980. they were convinced of this 1984. how important are surveys like this. >> the gallup survey is important, neil. i used this one in the paper to estimate i thought trump would win in the election in 2016. i went through all the backdate at that. this is one key element i used in 2016. i think it is really strong now. i think it reflects very well on the president. i think his chances looking at these numbers are being reflected in those numbers. neil: you know, one of the things i got traveling to iowa and new hampshire, art, for democrats, if the issues are giving you lemons, make a different lemonade. they won't focus so much on the economy that is doing better, there is no way you can quibble with it, i wouldn't call them wedge issues but they're focusing on things like health care and issues that won

proving the art laffer curve to be true. we have got no income tax.reasing sales tax on food. i mean, it is a great place to do business. we're probably competing with a about out other states in the country. we're drawing all the business to us. charles: congratulations. always appreciate your time. congressman green, fantastic conversation. >> thank you, sir. charles: "fox business alert" for you now. stanford university is facing up to a 43 million-dollar tax hit. under new levy on college endowments. the fee, by the way included in president trump's tax overhaul, first time private colleges will pay such a levy. 30 wealthy colleges will be affected by 1.4% fee, including harvard which has probably pay $38 million. so wonder if finally maybe a tax that progressives hate? it is called paying your fair share. we're watching markets for you as well. dow, s&p, nasdaq all on pace for record high close. the cp effect getting as you little higher. i'm greedy. let's go for it all. >>> next, entrepreneur and singing superstar ray j will be here in the studi

it would be an argument that art laffer would enjoy because the notion of having too much money for governmentakes it do things that you don't want. the period that starts to make tariffs take off is the war of 1812. the u.s. is pulled into a war -- wars are going wars are going on, the u.s. tries to stay neutral, but even with its declared neutrality, american ships are being pulled in by the english and sailors are being taken into duty. in jefferson really wants to stop this, creates an embargo that is a total failure. and eventually the war of 1812 breaks out. and for several years the u.s. is at war with england. after that, the u.s. continues to -- it needs money at the time , of course, so it has tariffs to generate money to fight a war, but it continues the tariffs at a high rate because they are in place and they are starting to protect the textile industries, which are suddenly in trouble. this nascent factory system born during the war of 1812, once the war is over and the british cap have their more sophisticated operations, they can bring textiles back. the cotton and wool produce

it should be art laffer. we'll get him. i promise you. don't see anybody among the democrats who can keep this economy going. i don't see anybody with a plan for growth of any kind. >> they can't have it, stuart, because the far left, elizabeth warren and bernie sanders, and their proposals, are pulling all the other democrats to try to co-op some of their support. and what has happened is it pulled everyone to the left and the democrats should be extremely worried about that, by the way. stuart: would you say the same of mike bloomberg? look, you critiqued the far left and most of the standard democrat candidates. what do you say about bloomberg? i think we lost him. we lost him. sorry about that. let's go back to elizabeth. hold on a second. i'm going to switch subjects for a moment. i want to talk about the virus. the virus is not contained by any means. you've got, what, 17,000 cases worldwide, 300 odd deaths in china. what impact is this having on our market? i would say not that much. liz: not that much. there's concern about the gl

art laffer-- >> by the way, we were together, by the way, in 2008 if about you'll remember, i was onour show a number of times on how these people shouldn't panic when that market drops and same thing right now. neil: panic is the death of everyone in crisis. >> it is the death. neil: ronald reagan would say, don't let them see you sweat. you might be sweating, but don't let them see you. 80 years young and your daughter is kind to remind you of that. in the meantime, the politicians trading barbs back and forth, is that actually a good thing? could it actually be compounding the problem? ♪ upbeat music transitions light under control. ♪ upbeat music transitions signature gen 8, available now in 4 new style colors. transitions. which of your devices are protected by daily security updates? daily security updates... daily? i don't know. the only thing... i'm struggling with this. some providers you have to manually download updates to each device. comcast business securityedge updates every 10 minutes to help keep your connected devices protected against new ransomware, malware and ph