larry kudlow is up next. ♪. larry: hello, folks, welcome to "kudlow," i'm larry kudlow.o a busy day on capitol hill. hunter biden acting like a spoiled brat, new impeachment investigations of dhs secretary mayorkas, congresswoman marjorie taylor greene smack in the middle of all it. she will being here a few moments. talking about nikki haley, donald trump and fani willis's boyfriend f that weren't enough, judy health tone and steve forbes talking about jay powell. fed woke dei and juice in the economy to reelect joe biden. first let's go straight to our own hilary vaughn. she has had some day, her pal hunter biden. hilary, i heard you had the most fun this morning. i'm sorry i missed it live. >> reporter: never a boring day on capitol hill, larry, especially when hunter biden decide to surprise lawmakers around reporters by showing up today. he was pretty gutsy. he showed up uninvited and unannounced. he crashed this house oversight committee hearing. he is still wanted for actively defying his congressional subpoena that was issued back in december but today he taunted

larry: hello, folks, welcome to "kudlow," i'm larry kudlow.resident trump blowout victory in iowa last night. just a moment the great sandra smith will report on the fox voter analysis. mark simone, joe concha will be visiting us with their thoughts and "breitbart"'s alex marlow and our monica crowley but first a couple quick thoughts from me on this story. yes donald trump's historic blowout in last night's iowa caucuses outdid owl expectations and gives him momentum going into the new hampshire next week. his campaign price ad superb ground game, producing 51%, winning 98 of 99 counties. losing the 99th by one measly vote. importantly fox's voter analysis showed that the two top issues for iowans were, the illegal immigration crisis and the economy. this was president trump's bread and butter. as i have said many, many times, he has run an issues campaign and it worked spectacularly last night in iowa. actually, the illegal immigration catastrophe was the number one issue for caucus-goers and here's what the president said in his speech last

larry. larry: thank you, molly for the update.oining with us great pleasure alan dershowitz professor emeritus at harvard law school, author much the war against jews. welcome back, professor dershowitz. i want to play a clip from you two weeks ago. please take a listen. do not have the clip. sorry about that, anyway, so i will say, we'll find the sound if we can. you said, that any additional problems would mean her demise. that was a hell of a call. i don't know what the trigger was. maybe the new pagism charges from the washington free beacon. maybe the harvard corporation. tell us if you know anything about this and what does this mean? do you think this is anything definitive, any change in harvard? >> i sure hope so. it means she lost confidence of some members of the board. i had heard at least two or tree members of the board were beginning to suggest to her she ought to resign. the board originally came behind her 100%. even our good friend larry summers supported her 100%. most of my colleagues on the law school faculty

larry: sure he is.eporter: white house said they are going forward with student loan debt forgetness regardless of what supreme court said, they are looking for other avenues. larry: there you go. >> happy new year to you too. larry: up the other avenues, grady trimble, a fa fabulous reporter, joining me now texas congressman pat fallon, he is in eagle pass. i don't know when is worse, open border -- i do, open border bidens' amnesty and open borders this is discussion with president obrador in mexico, making us look weak, no change from this. reporter: not at all, what joe biden has done, proven he is committed to amnesty and not protecting american is the citizens, they could stick their collective heads in the woke sand, alejandro mayorkas gets in front of congress and said that nothing changed from prior administrations, he lies, okay in first 34 months of obama administration there were under 1.5 million illegal, and former president trump 1. 6, joint jobe that is 8 million, that not comprage, she

larry: hello folks, welcome to "kudlow," i'm larry kudlow.ormer president trump in court today in washington, d.c., arguing that he has presidential immunity in all these january 6th cases. mean while over in georgia remember the anti-trump fulton county d.a. fani willis turns out allegedly in a romantic relationship with a top prosecutor she hired in trump's election interference case. the guy never prosecuted anything before. we'll get to all of that with our legal expert. sol wisenberg, former deputy independent counsel, gregg jarrett, fox news legal analyst, later on ranking republican roger wicker hurt for aol defense secretary lloyd austin. i don't know where he is. also another a rick schmidt why 95% of the legal immigrants get to say stay in america. plus, donald trump is up 30 point in iowa, 20 points in new hampshire. all that coming up on "kudlow." first head over to washington, d.c. where our own hilary vaughn is there live and in color. hilary, good afternoon, what's cooking? >> reporter: good afternoon, larry. former president t

larry: hello, folks, and welcome to "kudlow," i'm larry kudlow.ly view donald trump won big last night. he was at the top of his game. he was on message, presidential, and bret baier one of the foxtown hall moderators, special report anchor of course will be here to. meanwhile hunter biden will be held in contempt of congress. still no deal on the catastrophe at the southern border. senator ron john will weigh in on all of this at the moment. monica crowley will talk politics and consumer price index came in hotter than wall street expected today and kevin hassett will tell the fed why the fed should not be juicing the economy. first up we go to fox news white house correspondent peter doocy with all the latest down there. peter what can you tell us? >> reporter: larry i can tell you democrats up here at the biden white house are generally under the same impression that democrats who work for chuck schumer at capitol hill are. there is a spending bill with the republican house speaker mike johnson son but as conservatives start to threaten to bail

larry? was behind the blow-up in iran at soleimani's funeral? was this is a popular front? there is a popular front in iran. were these other terrorists? does anybody know, are there any clues? >> reporter: it's a great question and initially when the world saw this development this morning everyone looked to israel thinking amid the regional tension it was israelis but it was likely isis or an isis offshoot inside of iran. the iranians dealt with terrorism themselves and this is a symbolic day for the country. likely a day a group like isis would choose to attack. larry. larry: trey yingst, the best of the best, appreciate it. stay safe. talk soon. move on to switch gears a little bit. china's xi xinping told president biden at their last meeting, quote, the complete unification of the mother land is an irresistible trend. he was talking about taiwan and reunification. so no one better to talk about all of that, gordon chang, senior fellow at the gatestone institute, the author of china is

larry: hello, folks, welcome to "kudlow," i'm larry kudlow.o the pentagon still under pressure after defense secretary lloyd austin seems to have left president biden in the dark. a secret stay in the intensive care unit of walter reed hospital, a mysterious procedure alsoing almost -- lasting almost a week. we wish the defense secretary a full recovery. calls are agreeing for him to step down. we'll talk about this with senator jd vance in a few moments. later on in the show arkansas governor sarah sanders and political pundit supreme, kellyanne conway. first up, seven days before the iowa caucuses, go to washington, d.c. for the great white house correspondent peter doocy. what is the latest, peter. how is austin surviving. >> reporter: there are a couple more important details. officials will never tell us whether or not secretary austin lost consciousness as he was rushed from his house to walter reed in an ambulance on january 1st. that is week after he had what is being described as an elective surgical procedure. >> it is just that it i

larry: i know.f the it is actually not even a landing. it is a strong economy and profits are going up. there is no reason for the fed to cut rates. i got 15 seconds, stay in the market, that your advice? >> yes but start looking at states, new states. i just did a tour of the competitive states. i started in oklahoma, north dakota and now, see the pin, west virginia. when is the last time we went to west virginia, larry? larry: i will go with you. west virginia, it is closer than north dakota. we'll go to have a road trip. kevin o'leary, best of the best. i'm kudlow. we'll be right back with my last word. thank you, kevin. of elegant small ships ♪. larry: so illegal immigration and waves of lawlessness, sorry to say it, but they are closely realitied. save america -- related. save america, kill the bill. and stay up late to watch lizzie macdonald. elizabeth: you're the best, larry. kill the bell is right. shut the border no. we're staying on the story. thank you so much, larry. let's bring in forme

larry: hello, folks, welcome to "kudlow," i'm larry kudlow. all right president biden meeting with congressional leaders at the white house right now to talk about closing the southern u.s. border, and, financing ukraine. just a few moments we're going to talk about this with donald trump's latest recruit, vivek ramaswamy, and then jim jordan wants to stop the government snooping and trump campaign advisor corey lewandowski will tell us how it looks in new hampshire. first up, fox news white house correspondent jacqui heinrich standings by at the white house. thank you, jacqui, what can you tell us? >> reporter: larry, unfortunately not very much. it is pretty unclear what progress might be made in this meeting because the president wants the focus entirely on ukraine. he want the to impress upon the top congressional leaders and chairman and ranking members of these relevant committees that u.s. aid into ukraine has got to come back up and impact the absence has on the battlefield but house republicans are really not wanting to talk about ukr

larry, back to you. larry: steve harrigan, tough stuff down there.h. let's turn for a moment to foreign policy. i'm a naive guy, looks like to me in the middle east everyone is bombing every one else under joe biden's watch. i don't know if he knows what to do about it. joining us general keith kellogg, former national security advisor in the trump administration and afpi center for american security co-chair and kash patel, former deputy director of national intelligence and chief of staff at the defense department, author of government gangsters. kash, talking on the radio last weekend everyone is bombing everybody else. it doesn't seem to bother people but it bothers me. iran is bombing pakistan. pakistan is bombing iran. the houthis are bombing the united states desperately. iran is bombing iraq. of course the israel hamas war continues. and it is weird, we have sound i guess that the biden administration acknowledges this but they don't do anything about it? >> look, it's great to be with you and i think you're absolutely right and the general p

larry. it is through the country. he had done this job. incredibly well. let me tell bret stephens, don't be never-trumper. you made the case in your article. bring donald trump back so we can get america on track. we can talk about everything after that. this will be a big night for the president. which means it will not just be a long night but the end of the campaign for three other people. larry: you know, byron, you're show good, you're such a great communicator yourself, maybe you and i go together, have a cup of coffee for bret stephens who i have known for years when he was on the editorial page of "wall street journal" he is a very smart guy. he is, a very smart guy as he haved by this fine column. he talked in that stuff in that column, byron, you and i talked about last couple years the issues facing us and why trump is qualified. one thing i apologized i didn't wish you a happy new year. i didn't realize i had not phone to you in the new year. byron, you're the best of the best.

larry. larry: some story, griff. for more, join me on this and also former missouri attorney general and senate schmidt welcome back and the supreme court and razor wire is coming down and now there's a second debate about what constitutes an invasion and help me out on this as a senator and also as a former ag who is a legal beagle. >> first thing i want to say is the free state of missouri stands with texas and this is texas is well within their rights since putting up the razor wire. they were lifting the injunction that prohibited border patrol from cutting down the razor wire and technically if they wanted to, they could go and cut down the existing razor wire and prevents texas to enforce the laws and more razor wire and by the way i should point out on a week like this and pointing out what a waste of resource it is may be to enforce our border wall and on the armed services committee there was a hearing in week and joe biden spent -- last year spending $140,000 a day to not construct the wall and materials th

larry. larry: all right. thank you steve, we appreciate it very much. lovebirds. to, that meanwhile. let's talk about this fiscal commission out of washington d c, nothing but a t tax trap, we track with grover norquist, president of americans for tax reform, why do republicans fall for this nonsense time again, here they go again. >> they have not yet. but the problem is spending, the problem is spending. the problem is spending. and we have senator from utah, mitt romney coming out with a commission which will recommend tax increases. and do around the ways and means commity on the house, which republicans control. and change spig smith would neff a never allow a tax increasing, yet they have a commission, it says forget about trillions that democrats spent that brought us this inflation that is not what we want to talk about let's talk about tax increases. because talk about trying to stab president trump in the back. to damage the republican majority in the house and put it at risk, republican party that -- if romney is allowed to put forward in fronts of cong

larry: not yet.mark, do you think it will be a toss up in new hampshire. >> you can't go by new hampshire, it is a freaky place, they allow everyone and anyone to vote. >> a big push by governor a republican, sununu. a push by everyone, to enroll democrats and/democrat leaning independents, i don't know how it will important turn out, they may come out for trump too, i am skeptical of the qualities results in new hampshire. >> it is all muddied up, half of new hampshire is a superb of boston, i would not go by them, this was a true test last night, and its after know unbelievable landslide, a bad night in davos last night. larry: they were quaking in their boots, they can't be happy there. >> they were tossing and turning. larry: trump is back. he will come after them. >> it was such a big -- >> chill up my spine. >> msnbc refused to broadcast his speech. larry: can we talk about that for a minute joe concha, that is unbelievable and cnn broke away, msnbc would not even give him a pair gave or two. >

larry: hello, folks, welcome to "kudlow," i'm larry kudlow.ll right, the number one political issue in both the iowa caucus and the new hampshire primary was illegal immigration and the open border. probably will become the number one issue all across the country and now it appears that negotiations in the senate and white house have completely broken down. republican senators have overwhelmed leader mitch mcconnell who is finally throwing in the towel. so we have an all-star panel. tammy bruce, liz peek, caroline downey to talk about this and all other issues in the election campaign. later own we've got kevin hassett on new economic numbers. does joe biden really deserve bragging rights? first up let's go right to fox news peter doocy live at the white house with all the latest on the illegal immigration catastrophe at the southern border. peter, what can you tell us? >> reporter: we can tell you governor greg abbott down in texas thinks he has a the constitution on his side. he wrote a long letter to lawmakers here. the constitution require

larry: hang on. you will come back, real quick, liz, idea that the federal government will federalize state national guards, that came up in this kirby business with peter doocy. >> not just texas. i think now there are like 10 or 12 states that are sending national guards to texas. are they nationalizing all of them? >> a great point. >> this is insanity. you know. the governors said is right, the feds are not doing their job, to your job, don't attack your states this is stupid. >> caroline, last real quick point. it is interest fing to me that mitch mcconnell folded on this issue. he is a hawk on ukraine. that is his big priority. i don't agree with that, but others may. is this interesting that he folded on this issue. it is now in january dead. >> issue is reaching a political breaking point, biden administration is engaged in an open conspiracy to co sub vert our national sovereignty. >> you will be mere for most of the show. >> we'll be okay, kevin hassett is joe biden's bragging rights on the

larry: mr. speaker, that is a very hostile aggressive response to what is going on. i want to get your thoughts on that. and you know, what is actually happening. >> what she said is absurd, of course, they want more money to process illegal into the country, larry, we're on the border here at eagle pass, the epicenter of the problem with 64 members of congress representing 29 states, and one u.s. territory people from california, to maryland from michigan to florida, every state in america is' border state right now, this administration opened that border ride -- wide we have team coming from 170 countries this is epidemic crisis pro portions,. jim: speaker johnson, has president biden gotten involved in any talks with you, for example, or any of your lieutenants, to solve this open border catastrophe? >> no, this is intentional, these are policy choices that got us in this situation, we passed hr2 seven months ago. it would restore the remain in mexico policy that worked so well under trump ad

larry: hello, folks, welcome to "kudlow," i'm larry kudlow.ranian-backed militia killed three american troops in jordan over the weekend and injured over 40 more. let me say first, we mourn the passing of these brave american patriots and condolences to their families. second, we pray for a speedy recovery for those who are injured. and third, we wonder whether president biden will end his policy of iranian appeasement and begin a new policy america first deterrents? we'll h we'll have a report in washington from the daily white house briefing by edward lawrence and jack keane what the administration ought to be doing about it and later in the she alabama senator tommy tub veryville weighs in what appears be to new border bill to stop the tsunami of illegal immigration. speaking of illegal immigration, marjorie taylor greene will be here talking about the impending impeachment of dhs secretary alejandro mayorkas. first up our own edward lawrence from the white house. edward. >> reporter: larry, you can feel tension here at white house. weight

larry: hello, folks, welcome to "kudlow," i'm larry kudlow.o donald trump and nikki haley face off today in the new hampshire primary. this comes a week after mr. trump's blowout victory in iowa. why does haley say she will keep running even if she loses decisively tonight? i don't get it. we'll have senator rand paul why he is never nikki in just a moment. later in the show senators estimate scott and business vivek ramaswamy will report on last night's dramatic tour de force unity rally for donald trump in new hampshire and then is democrat challenger, dean phillips might he embarass joe biden in tonight's new hampshire pry larry? nobody is reporting on that. we'll ask "breitbart"'s alex marlow and our monica crowley. first madison alworth live in new hampshire with all the latest. madison, what's cooking? >> reporter: hey, larry, we're at the biggest polling location in the state and it has been busy all day long. the line behind me reaches outside of the gymnasium. i don't think it has ever not been running out the door since the polls ope

larry: >> reporter: good evening, larry. in iowa and this is a concern especially after you read this report it raises more worries about china linked companies buying up our farmland here in the u.s. i want to show you this map from the department of agriculture. the areas you see in orange, those states have relatively high foreign ownership of farmland, 2.4% or more. and this gao report which reviewed data through 2021 is calling into question all of of the usda's data. it finds the ag department doesn't share timely data, the processes to collect, track, report key information are flawed. here is one example of an error. the gao says the usda accounted for largest holding of peoples republic of china, not once but twice, so in that instance overstating how much land china linked companies might own but raising concerns how they're keeping track of data all together. republican congressman dan newhouse says this report confirms one of our worst fears, not only the usda is not able to confirm the question who owns what lan

larry: hello, folks. this is kudlow. i'm larry kudlow. the dow and s&p jumping to new all time high and dow up around 400 and kudlow trust is doing well. techs and ai stocks are leading the way. former president trump said the market is rallying because he's going to be reelected president. others believe the market is rallying because joe biden is going to be defeated. i think that's the same thing. still others believe the market is up because the fed is going to slash interest rates and juice the economy to get biden reelected. i personally don't buy into that. you'd think joe biden would be crawling about a record market on his watch. problem is he hates rich people and don't like corporate profits and afraid to talk about it and we'll let our economic experts kevin hassett and art laffer tell us why stocks are rising. they're a lot smarter than i am and later in the show rick simon and charlie hurt tell us who the new president will be and newt gingrich about the big city you urban renaissance for america and policy experts telling u

larry: we'll switch gears. to see a grown man cry there is rick perry, former energy secretary, great american and patriot, former texas governor, i'm kidding rick, i know you are not crying. john kerry jumps down, almost same day biden administration announces a new gas tax, a methane tax that would stop oil and gas drilling, and they are also, i am reading they won't per permit new lng projections, that is just as nutty as can be, this is john kerryism. >> well, you had on your early segment talking about that we were energy independent and dominant during the trump years, we're headed back in that direction, i know that is what president trump will put on the agenda as i think one of the number one is get back to producing american energy. here is why it is important, and why this issue of the climate john kerry leaving. the here is what so interesting about this. the biden administration very concerned about the young people that they are losing and trying to get them back to board, he is sending john kerry

larry? larry: man, that is an awesome report.lis the best of the best, thank you. switching gears or maybe we're switching hitters, joining us now is former los angeles dodgers first baseman mr. steve garvey, 10-time major league baseball all-star. he is a world series champ. he is a national league mvp. now he is running a very strong race to be california's next senator. steve garvey, i'm a lifelong yankees fan, new york yankees fan but i will acknowledge you were a hell of a player. but i look forward to your pushing hard against adam smith, adam schiff, i'm sorry. you come up with the polls five or 6%, 18%. you're only a few points below schiff. tell us about this race. >> first of all i forgive you, larry, being a yankee fan. you remember the great world series. that is what it was all about. baseball was so vibrant. reminds me of california when i first came here 50 years ago, vibrancy of california. economy was great. industry was booming. aerospace, farming was global leaders and i said it was a heartbeat of america back

larry: change jim jordan. >> thank you, larry. larry: coming up, unless j. powell wants to juice the economy to reelect joe biden, there is no reasons he should be cutting interests, we'll talk about it with breitbart's john carney and our own taylor riggs. and trump campaign advis adviser, corey lewandowski with update and low down from new hampshire, we're draining the swamp tonight, we'll be right back. i love your dress. oh thanks! i splurged a little because liberty mutual customized my car insurance and i saved hundreds. that's great. i know, right? i've been telling everyone. baby: liberty. did you hear that? ty just said her first word. can you say “mama”? baby: liberty. can you say “auntie”? baby: liberty. how many people did you tell? only pay for what you need. jingle: ♪ liberty. liberty. liberty. ♪ baby: ♪ liberty. ♪ when you stay at a vrbo you always get the whole home because is it really a vacation home if you have to share a house with a host? ♪ only with vrbo larry: recent economic numbers don't show a boom, but there is no bust. let's turn

larry: hello, folks. welcome to kudlow, i'm l arry kudlow. iranian backed militia killed 3 american troops in jordan over the weekend, and injured over 40 more. we mourn the passing of the brave american patriots and condolences to their family, we pray for a speedy recovery for those injured. and we wonder whether president biden will end his policy of iranian appeasement, and begin a new policy of america first, deterrents, we head to washington in a moment to hear from edward lawrence and consult with general jack keane about how this happened. and later on alabama senator tommy tuberville will weigh in on what appears to be a new border bill to stop the tsunami of illegal immigration. speaks of that, continental wocongresswoman marjorie taylor greene it tell us about impending impeachment of alejandro mayorkas, but first edward launches launches launchlawrence is live at white house. reporter: you could feel the intensity here at white house. the attack hit near a living area at the particular base. in early morning, as people were still

larry. larry: that is a great point. is that the first time third bidens have acknowledged the phone calls? >> that is the first time we heard from hunter biden on camera about it, originally we had a nugget of information from his ex business partner devon archer who said in a deposition sometimes joe biden was on speaker phone and hunter would put him on speaker phone, today he said he was just answering his dad's call. larry: hillary. did the house committee, did the oversight committee decide contempt or not? reporter: it still -- hearing is still going on, at some point the they will hold the vote then if it passes to house floor. larry: thank you hillary vaughn, really very exciting stuff. >> all right. >> a quick take, if hunter biden thinks he spoil britain ticbrat, antics will help his father get reelected in november, think again, people watching news clips of his antics, they will say, this is a kid of privilege, spoiled because his father is president. and somebody who thinks he is above the law. democratic h

larry: no?y is also in south flood raising money but she is raising money from barack obama donors, big democratic donors, they are the ones that are keeping her campaign alive. breathing air into it with real money. because they are still hoping for a trump alternative, i have news for them, donald trump will be the nominee, and likely the next president of the united states. larry: they will sit down i love this nikki haley, and joe biden, and donald trump, will sil sit down and have chocolate cake dessert at mar-a-lago, his favorite, he had with xi jinping, a bunch of years ago on night he bombed the humanitarian hell out of syria, alex lar marlow, machine, ballots and harvesting, a democratic specialty of the house. democrats, machine ballot, and harvesting. what do you make of this, this is still a huge election threat, you get last word. >> absolutely, i have my latest story, on breitbart.com, a story about history of ballot har investing and how democrat used to last time, they will tuesd

larry: since eisenhower.irst of are all, former attorney general, matt, how would this work, can you think through it? i don't need a 10-point plan but generally speaking. >> yeah. well, two p components, you have to imminent the migrant protection protocol, remain in mexico. to get the asylum system back working with only the legitimate claims are filed on those here illegally, prioritize, the violent criminals and terrorists those already in jail, but you have to use the secure border to then roll people off, with i.c.e. to major cities and help you k know remove the people that should not be here and never come in. you also you know other thing on that plan would be end the sanc sanctuary cities and push back on cities thatten don't allow the i.c.e. operations. larry: matt whitaker. president referses to eisenhower plan. he had a general or a couple of generals who were organizing the return of some of the mexican illegals who got in in the 1950s, ike was tough on that, ike a former great general himself.

larry: deroy. wicker said there is a constitutional issue, you went thumbs up, a quick cook on that. i am interested in this. >> i did a thumbs up the story gets worse and worse, just a matter of gee secretary austin did not call national security advice rear, president it not know for like two weeks he had the prostate cancer now it may be a violation of federal law. this is astonishing, there is no -- secretary were in for syphilis this would have been embarrassing there is no dishonor in having prostate cancer, you tell people. why do you cover that up, he could say, i will do the best that ki can, that would have been positive, he covered it up, now it is a national security problem, now it showed idea that adults in charge is a fraud, this is kindergarten on pennsylvania avenue. >> ro roger wicker is a smart guy, they are breaking the law. liz. play sound on nikki haley. with bret baier and martha maccallum. last night i guess. >> right now the middle class we're watching rich get richer and f

larry: change jim jordan. >> thank you, larry. larry: coming up, unless j. economy to reelect joe biden, there is no reasons he should be cutting interests, we'll talk about it with breitbart's john carney and our own taylor riggs. and trump campaign ad adviser, corey lewandowski with update and low down from new hampshire, we're draining the swamp tonight, we'll be right back. rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. i go through a lot of pants. before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. [coughing] copd isn't pretty. i'm out of breath, and often out of the picture. but this is my story. ( ♪ ) and with once-daily trelegy, it can still be beautiful. because with 3 medicines in 1 inhaler, trelegy keeps my airways open for a full 24 hours and prevents

larry: edward.i read a lot of this stuff, committee staff sends me stuff, understand what of it, some i don't, 10 year budget window, mccarthy and biden deal, was supposedly to reduce spending from some baseline, i'll call it say reduced spending by 1.5 trillion, the baseline issued is way too hard and takes too long, has anyone done a 10 year scoring of this deal? that is the way you have to look at these things. reporter: not as of yet, we don't have language or fine print on this, the cbo is still projecting 1.7 trillion dollar deficit next fiscal year, and 1 1.8 after, that spending is not slowing down on this republicans do get the win on this and diverting some of the money already spent. the fine print,. larry: all right we'll look at this and revisit it, edward lawrence thank you. >> staying with the economy. and various nuts and bolts, we bring in the great art laffer. reagan economic adviser and medal of freedom recipient, author of taxes have consequences, art you are listening to edward

larry. larry: just one follow up, mr. today. this business about the money, funds frozen, assets and funds going to iran and kirby saying, there's no, money is not fungible? i'm scratching my head, edward. >> reporter: so six billion dollars is sitting in qatar in the bank. they're saying it can only be used for humanitarian, water, food or other humanitarian purposes, medicine. now the u.s., some critics are saying hey, the iran can take the money, use a billion dollars and buy something else and then use the billion dollars for money. larry: got it. thank you, edward. if your business needs a new application then developers will have to write code. a lot of code. if an application needs to be modernized then you'll need time, resources... and caffeine. if this sounds daunting then use watsonx code assistant ai designed to multiply developer productivity so you can generate code quickly. let's create a more modern foundation for business, with watsonx code assistant. ibm. let's create. rsv can severely affect the lungs a

reporter: larry, y >> hey larry, with ron desantis out, we have a two-person race one day away from the hampshire primary. president trump has a commanding lead ovestr his opponent nikkigi haley, the latest polls showing him 19 points better than the governor. as you mentioned he will b hosting a rally tonight. president trump will be in newew hampshire and some of his formej opponents are going to be joining him in an attempt to show how the party is unitingin behind theg former president. senator tim scott, doug burgum and vivek ramaswamy will be atin the laconia rally this evening at 9:00 p.m., they will ber joining them on stage the latest endorser of president trump, ron desantis will not be in attendance. trump's main opponent nikki haley has been very upha under busy she has three events at tumor on the schedule, trump is a big lead. when it comes to undeclared voters, that the biggest votinge block in new hampshire, haley has a ten-point lead their. both candidates only have a few more hours to go before voting starts here in new hampshire. the first polls open up at midnight bu

larry: hello, folks, i'm larry kudlow are. president joe biden just wrapped his first campaign speech in sali forge, pennsylvania -- valley forge, pennsylvania, allegedly just like democracy. just like biden to give a january 6th speech on january 5th. how do you give a speech on democracy when you trying to keep your principal competitor off the ballot? by the way, prevent anyone in your own party from participating in the election? it's all very interesting, and our own edward lawrence live from the if white house is taxed with the dubious story of reporting on all this. 'd ward, good afternoon. [laughter] >> reporter: yeah, good afternoon. former president donald -- i should say president joe biden going very negative for the if start of 2024. now, he made this speech today all about the fight for democracy. now, the president make his most direct attacks against former president donald trump since he took office, making the entire speech about the former president. >> the choice is clear, donald trump's campaign is about h

. ♪ ♪ # larry: hello, folks. welcome to kudlow. i'm larry kudlow.ee days till the iowa caucuses and talk to tommy tuberville about all that in just a moment. then the houthis are pulling the trigger but iran is providing the guns so why the biden admin vagues going to make iran pay and former national security adviser robert o'brian will weigh in on that. sex, lies and video tape from fanny willis and her boyfriend in hotlanta, georgia, and hunter biden crying wolf from the house committee and mirror mirror on the wall, joe biden is the biggest hack sterling heights of them all -- hacksterrific of them all. let me say a few words about the iowa caucuses not being what you expect. all the news reports are chronically how cold it's going to be when iowans caucus on monday. yes, could be 30 degrees below. brrrr. iowans will vote anyway because it's january and they know it gets cold in january. this is not a big deal. now, on the other hand, i would like to enlarge the iowa cold story. washington post running a story how severe cold weather could break

larry: mr.calise, let me come back to you, on the impeachment, democrat report, they will not be with you, as you reckon, quote, after a number of false starts republicans have landed on refusal to comply with the law and breach of the public trust as the charges against secretary mayorkas. these vague, unprecedented and fallacious charges amount to policy disputes with the biden administration and clearly do not pass muster as legitimate grounds for impeachment under the constitution. the charges against second mayor mayorkas are window-dressing for a policy disagreement. that is a interesting argument. is this a policy disagreement or is this truly an impeachment offense, mr. scalise? >> well, first of all secretary mayorkas's job is to protect america's homeland. he is the homeland security secretary. when eight million people have come across our border illegally, including people on the terrorist watch list he has failed miserably at his job of keeping our country safe and secure and when h

larry: hello folks, welcome to kudlow, i'm larry kudlow. i want to begin with some untruth telling by biden white house, then we'll be joined by john roberts to talk about election issues. then jonathan turley, about why democrats don't want to let republicans on the ballot. anyway. first, team biden shows they are incape ccable of telling truth about the economy or economic policy, celebrating a 34 trillion dollar debt milestone, joe biden press secretary karine jean-pierre decided to blather on about -- hang on, oh, yeah. blame the trump tax cuts. they have caused the debt to rise to a new record. she offers not one number no support of this untruth. nobody is believing them. here is what karine jean-pierre said. >> there say trickle down debt, if you think about it republican tax cuttings are responsible for about 90% of increase in debt as a share of the economy over last two decades, you heard president speak to this what he has done to lower the debt, he signed ledg ridge l legislation do lower deficit. larry: this big lie should have

larry: h. larry: you were first guy on show.rry to joke, yeah. bottom line, is that there is a regularity of economy data that wage inflation it stays high makes price inflation high, firms have to pass higher wages on to consumers looking at atlanta fed best measure of wage increases 'is about 5.2%, that means that you know getting price inflation below 4 is next to impossible, unless you want profits to go in tank, at that point equity will collapse, we're stuck at 4. we have h had a couple good numbers, say said they were temporary if is where we make sense, what bothers me, if luke at future market -- look at future market, they are expecting fed not that meeting but next to start cuts rates all the way through the election. they have the rate at end of this year at 3.75. the bottom line, what story is there out there with inflation still way above target with gdp growing 2. 5% in fourth quarter, you have growth, and low unemployment and low initial claims and high inflation and markets call for fed to cut? only reason that

larry: talk about. i'll t talk about the stock market, we'll be a business show for a change, joe concha how did trump do last night? >> i look at numbers, take the noise and opinions out. no candidate has won both iowa and new hampshire since 1976, that isal mi almost 50. larry: it carter. >> ford. larry: ford took both, i am impressed. >> a football player. trump beating nikki haley by 32 points in desantis by 30 in iowa, i look at other cable news network saying it was not a good night for trump, like criticizing secreta. trump vanquished ron desantis he dropped out after iowa, he had a good night. that he wins by double digit in new hampshire, you have hear how it was a great night are in mik nikki haley anyone here can show me one state she could win, you would think that is south carolina. she doesn't have endorsement of the governor there, mr. tim scott or lindsey graham or congress people. if she is down by 40 points there like polls show, you tell me what the path is. there is no path. other ne

larry: no, we lost you.k. 91 moncar, ne monica, new hampshire people sometime they can be -- i had a speech writer, say, democrats may look at trump thing the latest poll show him ahead by whatever 25 or 30 points in new hampshire. they might decide not to go vote for nikki haley but they might help dean phillips as a protest against biden, i ask you. is such a thi thing possible. i call it new hampshire mischief. >> the granite state is like independent as is most of new england. i would not be surprised if we saw surprises tonight, it could very well be that there are enough democrats in state of new hampshire who are really angry and feel disrespected and rightfully so by joe biden, his campaign and white house, they could not even bother to compete biden's campaign made this decision what they thought joe biden would be running uncontested in the race. and when bobby kennedy switched to an independent ticket. but now you have dean phillips, he is trying to make a race out of this, if you have enough vote