so, you know, among the growth -- oriented policies that he may add here, again, larry kudlow is describing certain things that i'm sure larry is for. don't know whether the candidate is going to be for it. things like immediate expensing of business investment. that's pro-growth. other people, steve forbes talking this morning about border adjustments on business taxation, to spur exports, and tax imports. don't know whether we're going to get any of that detail, but those are things that pro-growth, supply side advocates as larry has been for such a long time, are pushing him to do, but not sure exactly what he's going to articulate. >> one of the other issues, john, is, maybe it's a hurdle of some sort for the trump campaign, is that speeches like this and laying out an economic vision and maybe criticizing what the current state of the economy is, it comes at a backdrop that we watched today where the s&p 500 hits a record high yet again on the heels of the jobs report that had blowout numbers, where the unemployment rate itself fell back down to 4.9%. >> obviously, this is a difficult

it's the economy, stupid. >> thank you. >> thank you, larry kudlow. didn't mean to connect those two things. thanks to all of you. >>> coming up, breaking point? one former republican congressman who says not only is he not voting for trump, he wants to see him lose. vin weber joins me next. >>> and still ahead, future politician. let's talk to the 11-year-old trump supporter who confronted mike pence on the campaign trail, and why he's been breaking with trump on a number of issues. stay with us. ♪ using 60,000 points from my chase ink card i bought all the fruit... ves... and herbs needed to create a pop-up pick-your-own juice bar in the middle of the city, so now everyone knows... we have some of the freshest juice in town. see what the power of points can do for your business. learn more at chase.com/ink see what the power of points can do for your business. the search for relief often leads to this. introducing drug-free aleve direct therapy. a high intensity tens device that uses technology once only in doctors' offices. for deep penetrating rel

let's bring back larry kudlow, informal adviser to donald trump. d roger altman, who was, as larry pointed out, part of the clinton administration under bill clinton. chair and informal adviser to the clinton campaign. you guys are both informal. >>> let's talk a little bit about trade here. mr. trump has at one point or another threatened tariffs. but basically, they seem to have converged in terms of their views of what needs to happen with some of the existing trade deals, whether it's nafta or the tpp or a trade deal with korea, by the way. >> you put your finger on a huge difference. we tried that approach during the 1930s. it had a lot to do with the bringing on the great depression. it's a terrible idea. which would provoke another trade war, including with china, the last thing we need. so there's an enormous difference right there. and probably a very glaring one. >> i've been next to larry plenty of times over the past couple of months, and i think he's rejoiner will be that mr. trump is in favor of trade, but he just wants to see the agre

so, maybe larry kudlow for example has said maybe it will be a $3 trillion addition to the deficit deficit. >> we'll know more on monday. >>> still ahead, full time gamers, but don't just play those video games. create them. because that's what could land >>> the pokemon go craze is the gaming.vidence in t that means demand for designers, coders, is more intense than ever. kate r in salt lake 14-year-old navia isn't spending her summer playing sports or hitting the beach. guys at school, they ke vi would be like, no way, you play that's the reason why i lot of girls don't go into games. >> she is part of girls make games, a summer camp that's trying to introduce more girls to opportunities in an industr males. over the past three summers, the camp has taught more than 800 girls the fundamentals of programming and design. >> at first, i was like no idea how to code. like what is coding? but like after attending girls make games, i'm pretty confident in my coding. >> during the camp, girls get to -- industry experts and get them published. for the founder, it's l the mist women are interesti

. >> reporter: the biggest news was, as larry kudlow said, his new top rate is no longer 25%, it's up to 33%, which matches the paul ryan-kevin brady plan. >> i expect to hear from larry later, maybe we'll ask him that question about how that deduction would work to the extent it has been figured out. john harwood in detroit, thanks. >>> let's bring in steve liesman on this. what is the deviation between what trump is saying and what the consensus economists believes the impact could be? >> before he changed the tax number, it was about a $10 trillion gap in the expectations -- >> they expanded the deficit by 10 trillion over ten years. >> this moved from 25 to 33. my guess is all of these places are now costing it out, but they have to add in the cost of infrastructure, which donald trump has said he was going to double it. it looked like he backed off that a little bit, in terms of talking about building roads and bridges but also the expense or the cost of the childcare that he's talking about, that would be added to it. and i don't know that public is going to vote on deficits thi

. >> joining me now, cnbc senior contributor and adviser to the trump campaign, larry kudlow.h him. he delivered the speech monday which many conservatives liked. >> home run, home run. >> and then tuesday, i don't know, you could say he hit a foul ball. what was your take on the second amendment comment? >> well, i'm not sure i understood it. i'm not sure what the context was. i don't think he was inciting violence. i've read that in the papers. i think he was just saying the second amendment supporters which is the gun people are going to fight like hell to stop a hillary judicial opinion if it ever came down to that. that's my reading of it. i don't think there was anything much additional stuff really to it. >> the question for many undecided voters, people who sit in the middle, who is the real donald trump, the speech he gave which you helped him write on monday, was sort of this garden variety, mitt romney could have given the speech, paul ryan could have given the speech. >> no. >> why? >> it was really a much deeper, larger-scope speech. i'm proud of him in this respe

rumors of a trump intervention, we welcome senior contributor and unofficial adviser to trump larry kudlownd hillary advisory, barney frank. >> holding her accountable. what if trump wins? >> i'll stand up to him. >> oh. >> doesn't this, larry, in a way work? let me throw this out there. donald trump is out there as a total maverick. isn't it better if he's able to give the gop contenders a real obvious way to say to their constituents, we are not with him, we're doing our own thing and does that help the gop letting the local guys apply to the constituents and donald trump does the mavericky thing? >> happens all the time and yeah. i mean, except for paul ryan who's a friend of mine. i tweeted today i personally endorse paul ryan. i'm not sure he cares but i did. sure. look, these guys have to go their own way to be re-elected. barney grang, frank, you went your own way? >> well, very decidely in at least one respect as you will remember but i always supported the presidential candidate of the party. i never had the problems that so many republicans have with donald trump. >> but i want -

larry, thank you. >> thanks for having me. >> larry kudlow. >> all right. back at home making its debut at the new york stock exchange. stock went public at 15, traded to 16.25, up a little bit, we'll have ceo lee bird next. the heirloom tomato. when you cook with incredible ingredients... you make incredible meals. fresh ingredients, step-by-step recipies, delivered to your door for less than $9 a meal. get $30 off your first delivery blueapron.com/cook. >>> at home the texas based big box retailer ipoing this morning here at the nyse. the shares are more or less flat at the price of 15, up 10 cents, debut was a few minutes ago and joining us first on cnbc is the company's president and ceo, lee bird. nice to have you here. >> thanks for having me. >> always a big day, of course, for ceos when they bring their companies public. you have pretty ambitious plans when it comes to store expansion. right now you have what 94 stores roughly. >> 115 stores. >> i'm incorrect on that. 115 stores. >> 115. >> you want to open at least 20 new stores a year. >> we do. >

this speech, at least as has been reported, steve mohr, a widely respected economist, our own larry kudlowly advising mr. trump op economic policy, we have good conserve thought leaders on this topic of the economy which i think, you know, if mr. trump is listening to them, will get incredible economic growth which as we talk about a lot on this network at least larry and i and others talk about on this network is the path to prosperity and the path to raising wages which is what he's -- >> larry kudlow is a dear friend of mine, but this whole idea of supply side free-throw, this trickle down business has been so thoroughly and empirically debunked that that is -- >> that's not true. >> that is just -- that never works. >> well, it -- >> are we coming back to that? are we going to just come back to that universal argument about the value of supply side economics and whether it just inflates deficits and actually does not increase economic growth or to larry kudlow's point he endlessly makes, of course, that if you give it a try, you're going to see economic growth rates you've never seen.

now to talk about these two candidates and what we've seen from them is cnbc senior contributor larry kudlowd a great job pulling that together because it's kind of a microcosm about how these two candidates see the economy at large in america. they're both right. they both bring up fair and valid points. but it -- it gets us to their broader economic plans and what they plan to kind of lay out for their strategy. what do you think? >> i don't think they're both right. let me just start there. i mean, detroit, it's a tragic story over the last four, five decades. tragic story. and i just had a thought as you were going through this. i don't know why i hadn't thought about this when we talked about it yesterday. old age, probably. you know what we should do in detroit? >> what? >> make it a jack kemp tax-free enterprise zone so investment will pour in there and you won't be taxed on the investment for a good five to ten years. >> you know, the downtown is doing much better. dan gilbert bought a huge portion of it. it's the outside circle -- >> i've interviewed some of those guys. but the stor

what i have heard, i would say, a 15% corporate tax and a 10% repatriation tax coming out of larry kudlow'sth, who is supporting and helping trump develop policy, that's interesting to me. so i'm not going to say that today trump has the best candidacy for entrepreneurs. if you tell me that's the policy and firm it up, then i'll give the endorsement. >> you're canadian, so in a different position. what about the fact that warren buffett backing hillary clinton and mike bloomberg and mark cuban, three very successful guys who do know and care a lot about business? >> that's fair to say. and i am canadian. but i'm also irish, and my kids are born in the united states, i made all of my money in the united states and i call boston the place i created that wealth. i care what happens. i really do. i have no problem with buffett saying wants to pay more tax. that's a personal decision. i have never heard it to be a good idea for you to raise taxes when you have a no-growth economy. ever. of that's never been a good idea regarding your politics, regarding which party you support. raising taxes in

larry kudlow says it could be less than $3 trillion. these are not apples and apples. >> the broader point to me is the amazing policy of this campaign. frankly. really. we've seen it with the immigration, what is he? is his immigration view and jewel -- it doesn't take them seriously. people, us in the press go chasing around. there isn't -- this is like literally that ad is her america will be bad and you'll be screwed and my america will be good. >> we're the same but worse. >> and now everything will be good and people will have jobs. that's actually the level of policy detail. >> the less they say, the more they expect followers to go for them and it's working to a certain extend for now in this view of particular people who are really into i hate obama, not exactly sure why bause your kids are in public school and you have obamacare and he's single handedly saved the international economy but they don't want to recognize that. they just want trump good, obama slash clinton bad and no policy. >> in fairness to the idea about presid

let's bring in carlos gutierrez, former commerce secretary and cnbc contributor larry kudlow. larry, your initial thoughts by the eu? >> this is an eu tax grab. this is an eu power grab. this by the way is like brexit number two. this is one of the things the brits were rebelling about. hats off to the irish finance minister and the rest of the irish government. they have a good thing going there. they have a 12.5% corporate tax rate. the phenomenal economic success for that country, okay. even in recent years they're outperforming everybody with their low business tax rates. and this would be a great time for the united states to get involved in some tax reform, lower business taxes make everything simpler. but the eu cannot run around breaking international tax treaty law. okay. even our own treasury is saying that. so eu, i don't know, up yours. >> secretary gutierrez, this was a tax ruling granted by ireland in 1991. and now it is 2016 where the european commission -- i mean, that's slow even for government work, isn't it? >> yeah, i think this is amazing coming off brexit

economics writer steve moore and economist larry kudlow, good friend of mine, both supply siders.d trump will throw a couple of his own thoughts. on tax policy closing loopholes for the rich. carried interest deduction. that will doveville, he will dovetail to regulations squeezing us. in the draft i heard about, something about bank regulations. in the post financial crisis world we have ramped up bank regulations so much that banks can't lend. how do we get them lending again? but he is also going to say how do we prevent another financial crisis. there will be a very good chance that donald trump goes on and bringing back glass-steagall. he put that in the platform of the republican party. from what i understand there is good chance he will mention that. ashley: among republicans? >> all over the place. glass-steagall was, glass-steagall -- ashley: retail banking an investment banking. >> commercial and insured part with the risk-taking part. a lot of people thought that was the financial crisis, that sparked the financial crisis. big entities would take so much risk because so

. >> that is the larry kudlow right no. clinton, let's just back up, what ishe promising, 4 more years, does anyone really think that 4 more careers of failure is a good thing. it is really a remarkable failure under obama, and you can you have a vision of a plow horse you know pulling behind him these regulations on energy, huge job creat creator, and banking, it does not work. charles: something to notion that successive presidential administrations season a little bit worse. >> look there are people before ronald reagan who said we would never have 2.5% growth. whenalan greenspan testified before congress in 1990s, he said we'll never have growth averaging 2.5%. hillary clinton, is about envy and redistribution, the sort of person that would see a fat person and a skinny person walking down the street, and say that skinny person is skinny because the fat person ate all her food. that is not the way we should work, that is not the way we should look at it. charles: how does it message get to younger people, not a zero sum

larry kudlow gave us some details. i see more details from steven moore in usa today. what do you think about what he's going to be announcing and how much do you know? >> the key thing is, the contrast is going to be, donald trump cutting taxes, hillary clinton raising taxes. what's been amazing. even though hillary clinton wants to appeal to republicans, she's not changed at all her left wing bernie sanders-like economic program. she wants increases in income taxes, estate taxes, gun taxes, soda taxes. every kind of tax. this is trump's opportunity to get his campaign back on track. they're going to propose a 15% corporate tax rate. propose other tax cut. >> part is getting rid of estate tax, getting rid of a lot of other taxes. the problem is, he hasn't explained how he's going to pay for t the taxes are a small part of it. [ overlapping talking ]. >> >> the key thing is the irish have shown or the british have shown to a lesser extent, if you lower the corporate tax rate, it has an effect on the economy. >> [ overlapping talking ]. >> the cost over ten years has go

he has larry kudlow on his economic team. >> he wants better trade deals.y i'm out of time. thank you so much, guys. coming up the first presidential debate less than a montha away. and has already begun. anticipation is high everywhere. we're going to talk about that next. don't go away (announcer vo) who says your desk phone always has to be at your desk? now, with one talk from verizon... hi, pete. i'm glad you called. (announcer vo) all your phones can work together on one number. you can move calls between phones, so conversations can go where you go. take your time. i'm not going anywhere. (announcer vo) and when you're not available, one talk helps find the right person who is. hi, john. (announcer vo) so wherever work takes you, you can put your customers first. introducing one talk-- another way verizon connects your business better. learn how at onetalk.com. that inactive satellite radio of yours is ready to roll. because the siriusxm free listening event is on right now! just hit the sat button in your car and listen free thru sept 6. that's righ

. >> i think they will have the opportunity, in next couple of weeks as larry kudlow, and steve moore finishes on trump's package, and he gives his approval and making his tweaks. >> if you say tweeters on or -- >> he will do both tweaks and tweets, but, the key thing, if you have something positive to put out there it worked for kenley, and reagan, he has something to say, this brings money back, puts money to work, i hop we also goes after health care that is a right piece of fruit that just laying there. patient control healthcare how about that? lou: i would like to see intelligence minds create a commission and talk about it, with both parties engaged. and for once in the country history, recent history, think about that what has worked, to 1983. and some fellow named greenspan and commission on social security what work out in a person way, successes of social security, we're not watching that happen with trump it might. >> many 86 -- 1986, reforming tax code they did throw out a lot of tax shelters reduce tax rate 50 to 28 percent, and passed senate nich sense 97 to 3, can it b

joining us now from detroit, cnbc's senior contributor larry kudlow and former adviser to the trump campaigntold you actually accompanied trump to detroit. what can we expect from this plan and how much will we see it's similar from policies he has referenced in prior months? >> well, i did come out on the plane. i'll just answer that straight up. i've been an informal adviser, as you all know. regarding the speech itself, you know, there are some changes in in this speech from prior statements, but i look at this as a reaffirmation of what he has said earlier, that he's going to have a whole series of pro-grow tax cuts and he's also, as you noted, is going to roll back regulatory excesses, and, yes, there's also a child care provision in there. very important child care, but to me the key point here is the business tax cut, which you know i've been touting for i don't know how many years. it's going to stay at 15% for a large c corpses and smaller s corpses and inside that the biggest beneficiaries of those biggest tax cuts, besides american growth, are middle income wage earners and a heav

unofficial trump adviser and contributor larry kudlow and official clinton con cigly yair share it isights. >>> housing prices in san francisco sending residents fleeing. we'll discuss whether san francisco housing is past the point of no return and if your city could be next. you're watching cnbc, first in business worldwide. miles per hour. traveling ov0 to win, every millisecond matters. both on the track and thousands of miles away. with the help of at&t, red bull racing can share critical information about every inch of the car from virtually anywhere. brakes are getting warm. confirmed, daniel you need to cool your brakes. understood, brake bias back 2 clicks. giving them the agility to have speed & precision. because no one knows & like at&t. will your business be ready when growth presents itself? american express open cards can help you take on a new job, or fill a big order or expand your office and take on whatever comes next. find out how american express cards and services can help prepare you for growth at open.com. >>> so when it comes to housing in san francisco, and t

unofficial trump advise rer larry kudlow joining us next and then rosario mirren and why she is crossing hillary clinton. ting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. ♪ everything is cool when you're watching a screen ♪ ♪ everything is awesome, ♪ when you're sharing a meme ♪ ♪ a voice remote, "show me angry kings" ♪ ♪ you know what's awesome? everything! ♪ ♪ apps that please, more selfies, ♪ ♪ endless hours of the best tvs ♪ ♪ brand new apps, shows to go, ♪ ♪ awesome internet that's super whoa... ♪ ♪ everything is awesome xfinity. the future of awesome. >>> presidential nominee donald trump changing his tone in charlotte last night experiencing a word he hasn't used much before. regret. >> sometimes in the heat of debate and speakin

and then we had one of his advisers here, larry kudlow walk back that number.es need to spend more than half a trillion on infrastructure. he did not say if he would spend that. >> although he did say -- one of the things larry kudlow had mentioned was the idea of public/private partnership. donald trump made it sound that is one way. >> so the total cost would not be that much to the government. >> he did not clarify that this morning. it sounded more like public funds he was talking about. but he also said in two weeks we'll hear more. >> without criticizing the actual plan, what you keep hearing from economists is give us more numbers so we can evaluate them. the other thing was he offered no actual cost for the tax plan when scott asked him. he did come back the this thing, he thinks it's less than $3 trillion. >> he threw in at one point when i told him $10 trillion, he said $3 trillion. >> that's closer to the ryan plan cost and his plan is different. he has the infrastructure spending in there. ryan has an import tax in there and an export credit an all

bashing the media and starts talking about economic policy proposal, a lot of informal advisers like larry kudlow, maybe he can get that high ground on that issue. we'll see. but not yet. certainly not this weekend. >>> we're in the middle of week two of the rio olympic games. that's where we find our own andrew who made it down to rio. >> it's pretty amazing. we've had an a amazing weekend. got down here saturday morning. hung out the and saw the 1,000th gold medal get won late into the night. as you heard earlier, the big news overnight for those not staying up light, usain bolt really crushing it. 9.81 seconds. he was basically beating his chest before the 9.81 seconds were almost each more. you'll see it right there. it was quite an extraordinary thing to behold. beating justin gatlin. justin taking silver. he won in 2004 but was suspended for doping. but pretty extraordinary all around. want to talk about basketball for a second. u.s. basketball, which should be dominating. did win yesterday against france. the 100-97. that's sort of the problem. only winning by three points. kevin durant sa

problem he was really weak on details, again he writes the speeches and a lot of people think larry kudlow has a roll or steve moore, like to ask him, where, so you're going to lower taxes. really good. where are you going to start reducing the size of government? does he think there is one program that needs to be cut.>>. >> not you. why did he bring it up to the economic speech. >> which part. i listen to the whole speech. >> which part. >> i will answer the question if you want. >> what did he say he would cut the size of government, not regulation. the size of government. >> i don't know you're filibustering here. throwing all these things out. trish: no, let peter answer the question. >> not talking about regulation. trish: peter navarro, your turn -- >> the charlie, the whole point when you overregulate you're adding to the size of government. >> i got that. what program will he cut? the. >> get this, charlie. obama over the last seven years issued 400 executive orders that created major regulations of over $100 million each. we have a $2 trillion hit. >> right. >> what donald trump

he's a little -- yes, he gave this speech that larry kudlow helped him craft. they put it together.they didn't get a bump out of it. because as you said the media's not excited about it. they said, oh, great -- liz: well, there are a lot of workers and businesses who are excited about it, ron. >> yeah. i am. particularly for being a small business owner. i like what he's trying to do to help small businesses by reducing taxes. so i can increase my payroll. liz: now i'm told we're going to listen in. let's take it to virginia and donald trump. >> and i said this incredible street in new york and for some reason, and it had nothing to do with west virginia, i just said it because i was seeing what was happening with this industry, and i said in this, you know, really such a different location that we are going to put the miners back to work, and i said that during my speech. [cheers and applause] and, by the way, and i meant it. and then a number of weeks later, i went to west virginia, and we had a big -- a huge building actually. and it was packed, and there were thousands and thous

larry kudlow, thanks. >>> are massive layoffs coming to cisco?he tech giant not commenting but we dig deeper next on "power lunch." this just got interesting. why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis and a $200 savings card >>> welcome back to

you said today he gave a trump sized tax plan, one designed by steven moore and larry kudlow.pted most of speaker ryan's plan. conservatives across the united states applauded it and they overlooked at the end he offered another stimulus. when president obama began office with an $831 billion stimulus, it was wasted. you can't find a building in america that has obama stimulus on it the way you can a works progress administration building, trump says we'll do that again and this time this will be american steel and buildings and airplanes. it was trump sized and i think it was the beginning of a turn long overdue and long looked for by republicans. >> and to your point about the supreme court george will writes trump's scotus promises are a fantasy. he has compiled a list of nominees and it's clear he is for consistency and predictability he will stick to the script written by strangers. >> i read george's piece. i bow down to george will, he's the man of integrity, but i don't think he fully considers the fact that if donald trump departed from that list of 11 nominees it wou

. >> larry kudlow is saying we've come back with a plan that we think is more responsible and still increase debt but only by about $3 trillion. the reason you have what i think is still a very significant increase he's promising to cut taxes but has no cuts in spending to deal with it. >> that's right. >> put social security and medicare in a lock box as you know. i think he will still have -- i thought the speech was a significant step forward for him in many ways. >> specifics that we actually need to figure out how he's going to pay for all of this. >> that, i think you can crit sides all politicians for. >>> donald trump accusing hillary clinton of sxoeexposing spy that led to his execution. >>> and trump's slogans. is he hiring americans first? >> it's almost impossible to get help. one reason you can't get american people, they want full-time jobs. stop... clicking around and start saving at hilton.com book direct... and get the lowest price online moms know their kids need love, encouragement and milk. with 8 grams of protein, and 8 other nutrients. 9 out of 10 u.s. olympians grew up

i worked closely with steve moore and larry kudlow, you know i'm a little loathe of being on scene, davidvid: what do you think? did they hit the right points in this ad? >> yes i do. i think they hit the right points. i want to slam it harder. it is all about the economy. she wants to give freebies to people have too many and raise taxes and overregulate and stop drilling. donald trump wants lower taxes, economic growth and prosperity and wants to really provide the opportunities for people who haven't had them to succeed and prosper. david: art, here's the big question. is the economy that right now so that americans would make the donald trump jump, if you know what i'm asking? it does take a leap of faith to go with a guy that says things on the campaign stump that scare some people. do you think they would be willing to make that jump if they think the economy is really awful but is it that bad or do they feel it is that bad? >> i never seen a politician who doesn't say things on the stump that don't scare me. i never seen one. donald trump says them too, that's for sure but the econ

steve moore and larry kudlow did a great job. need economic growth to lift the middle class, and reduce income inequality. maria: we are bound up 1.5% growth. >> good to see you. i just read your op-ed in "forbes" about income inequality and i was so happy you wrote on the side deck because republicans had ceded this argument to the left. the left always has talking points about this. can you tell our viewers from the republican businessman perspective what does the party offer, what does donald trump offer when there's a lot of independents out there, a lot of people who haven't voted you feel there is inequality in the country. i think they are still bleeding on a strong message from the republican party. >> the reasons for income inequality are basically we've got really a shortage of good paying jobs, a shortage of careers. we have had wage stagnation. we have closed off paths to the middle class. the middle class is deteriorating. there's only one way to solve those problems and that is economic growth. the lesson of the las

everyone from larry kudlow to carl icahn telling scott this yesterday. time, john, you're talking about two candidates that have very high dislike levels. there's a story in "the wall street journal" today, conservative watch dog group that released new e-mails going back and forth between the clinton global initiative and the state department when hillary clinton was secretary of state that show that there's maybe a little bit of pay to play, almost, that was going on. things like where they were trying to put donors in touch with an ambassador some way. and requests were granted. just some back and forth that doesn't smell right there. i just wonder how big of a problem this is for both of these candidates as we continue marching towards election day? >> well, the difference between trump's problems and hillary clinton's problems are huge. that's why he's losing in the race and trailing in all these polls by substantial margins. now, those e-mails do show some overlap between the work of the clinton foundation and donors of the clinton foundation getti

the people working for him or laugher, larry kudlow, steve moore, all reagan supply fighters in the essence $3 trillion in earnings that should be repatriated at a bargain so that they will come back to the country, and to lower regulation, life the oppressive regulations that have deterred business investment because if you look at what has happened to our economy right now, 1.2% gdp growth this last quarter, despite robust consumer spending -- tom: that is true. betsy: why is it so bad? three consecutive quarters of declining business investment. tom: i want to go to the debate of the moment. bring up the morning must-read. has written a clinic on richard nixon's taxes. this is 1969. all of a sudden, nixon was hit with a huge tax bill in 19 69 of nearly half $1 million -- in 1969 of nearly half $1 million. how can we talk about trumps economic policy when we are distracted by sideshows like his nontax reporting? betsy: first of all, i've not distracted -- tom: most of america is, though. that is a fact. betsy: you are doing a disservice if you encourage that. tom: betsy, my job is not to

larry kudlow wrote an article where from 2009 tonight 2013 the top 1% are paying a bigger piece of thelth? they don't pass it on to their relatives. they build businesses which creates jobs. they invest, which creates jobs. here is something they fail to remember when you talk about who's going to benefit. too many people in this country has to solve the find to say the fire appeared to many people have to sell the business to save the business. that is a false argument based upon the data and it's just an emotional talking point that the opponents of a plan like this used to try to convince people otherwise. charles: i'm glad to use the word emotional. hillary clinton will speak in a couple days. it is my hunch we are going to see something similar to what president obama does money tax economics and it's not economics as much a philosophy. i asked senator brown about this earlier. in my mind the american people are being given a choice between the notion that you can pull yourself up by the bootstraps in a system designed against you or you can let us the government on your behalf ma

. >> we're going to lower taxes under my plan, and larry custody l -- kudlow. >> the repatriated money, which is trillions, that and i think become energy independent alone would create millions of jobs. >> 2.5 tri$2.5 trillion. >> i watched hillary's speech and i kind of viewed it as a check list, sort of cliches and platitudes and slogans, not a lot of specifics. and a lot of things happened. uniformed police officers not on the floor of the convention. you have general john allen interrupted, chanting "no more war" when he said that america would defeat isis. the audience interrupted a medal of honor recipient, and also the embracing of black lives matter and that organization, a group that had chanted, what do we want, dead cops. when do we want them? now. hillary is seeking counsel from them. your reaction to some of those events? >> well, i thought it was terrible, and they also didn't show when bernie sanders people all walked out of the arena. they didn't show that. if that happens with the republicans, it would have been a scandal. when they showed bernie sanders while she was

larry kudlow, longtime supply side guy. brilliant pick.i think he has a better shot of being in the council of economic advisers and more of a policy role and art laffer, the eminence of supply side economics. throw them in the mix when he's going to clearly consider them. connell: and anybody else? >> here are my wild cards. >> wild cards! here it comes. [laughter] >> oh! scaramucci! >> the mooch. understands smart business, he's a harvard lawyer, not a trained economist, so again, wild card but donald trump is a wild card. connell: one way of putting it. must be a disclaimer there that anthony works here, obviously. >> and this is the wildest of wild cards. connell: come on! steve leeb, of leeb capital management. imagine him on the humphrey hawkins. >> china! and we should point out steve is substantive. knows the economy, a longtime market guy and economist, he knows his stuff, and he knows a lot about china! >> try to back track, making fun of our friend steve leeb. he's coming on today. >> you should ask him if he's been asked. shoul

joining us former vermont governor howard dean and larry kudlow, gentlemen, good to see you. mr. i'm going to start with you. thinking we may need more regulation? >> well, we may. first this is an outlier ceo, this is more like martin shkreli. what they did was uncon shscio e unconscionable. this is an outrageous price increase for a drug that doesn't cost any more today than it did in 2007 when they started this. >> so if they're an outlier, does that mean you don't think we need a dodd/frank piece of legislation -- >> well, i certainly don't think we need a dodd/frank. we actually need something far more sweeping. we pay for medicine on a fee for service basis in this country. as long as we keep doing that, we're going to keep encouraging this kind of stuff. you pay us -- remember physician you pay us to do as much as we possibly can whether it works or not. the only way you're going to get budgetary predictability by payers private and public is to get rid of medicine and do all this cap tated basis. cns is the center for medical error and medical reimbursement. it's the gove

let's hear from informal trump advisor and cnbc senior contributor larry kudlow along with eric dezenhal. eric, i'm going to start with you. does anybody really care in america what these people say? and does it depend on who the candidate is? trump gets a billionaire endorsement, i think that actually helps his reputation. and i wonder with hillary clinton if it doesn't hurt her. >> there is one word that only a billionaire can call donald trump that is so hateful, so vial vile to donald trump that would send him over the edge. >> millionaire. >> that is millionaire. because essential to his identity is he is a billionaire. and i think where billionaires matter is in the context of being billionaires. i don't think people are looking toward warren buffett or anyone else as citizens. i think where billionaires have authority is as billionaires. i had someone in that financial category say to me recently, the thing they have against trump is not the things that he says, it's that they don't view him as successful. and i think that that has authority. but i don't think that the american pu

in the last week we've heard from carl icahn, steve forbes and larry kudlow all who not only plan tond advise him, but icahn told wapner he would like to raise millions for him. they said the other issues, these controversial statements have been missteps for him and his campaign. but trump says he is not changing his ways. >> all i do is tell the truth. i'm a truth teller. all i do is tell the truth. and if at the end of 90 days, i fall in short because i'm somewhat politically correct, even though i'm supposed to be the smart one and even though i'm supposed to have a lot of good ideas, it's okay. i go back to a very good way of life. it's not what i'm looking to do. i think we're going to have a victory, but we'll see. >> of course big question comes in the polls, there have been a lot of polls recently that have shown donald trump losing ground. there was one in particular from "the new york times" that showed republican women at this point key demographic only about 7 % plan to vote -- 72% plan to vote for him. mitt romney won 92%p donald trump says the pollsters are missing peo

. >> supply side -- or larry kudlow. e taxes on the producers if you're trying to create jobs, bob. >> actually, larry -- wait a second. first of all, we haven't seen her business tax reform. she's talking about taxing kind of the buffett plan which is north of a million dollars. okay? at a minimum, 30%. okay? >> let's let wilbur talk. >> we have not seen her business tax reform. i'm not sure where you're getting those numbers from. but obama's business reform -- you know the president's tax reform had it going down to 25% for manufacturing. >> all i know is what i've seen in the advertisements. we're going to get -- corporations are finally going to pay their fair share. we're going to gouge those guys. >> trump should hire you for advertising because you're doing a good job. >> -- calls for cutting corporate taxes from 35% to 15%. that's going to help solve one of our big problems which is our trade deficit. because it means corporations can cut the tax margin by 20% so they'd be more competitive with overseas. and yet

and our very own senior contributor larry kudlow. welcome to all of you.eat. this is the a-team. >> you want to comment on donald tru trump's economic team? >> all brilliant people. eight guys -- i couldn't make the cut. no way. this is really the creme de la creme. but i will say this just to start the show off. mr. trump is going to speak at the detroit economics club on monday and in general terms, this is going to be what i call a big bang economic growth program. with lower tax rates, lower spending, lower regulatory burdens, and what's happened over the last few months as people have tweaked this around, we put in much more growth and far lower budget deficits. even douglas holtz 'kin is going to like our plan. >> you promise that. >> $9.6 trillion deficit it would create. >> in the last century, way, way back. seriously. that's a very -- >> that was andy's number and the tax foundation as well. >> i understand. >> are those wrong? >> they're not wrong. it's been tweaked. the plan has been modified. >> and raises new revenues? >> it raises lots more