Transcripts For FBC Lou Dobbs Tonight 20240713 : vimarsana.c

FBC Lou Dobbs Tonight July 13, 2024

No reports of injuries. Stay at home orders remain in effect, and the contagion continues to worsen. As of this hour the chinese coronavirus labeled covid19 has affected 856,000 americans and killed 47,000 more. This as the Left Wing National Media once again pushing headlines that dont match stories. The Financial Times using leaked data from the World Health Organization to report that gileads drug remdesivir flopped in its first trial. The headline had investigators selling on wall street until gilead pointed out that study was terminated because it had low enrollment. And as such the study is simply inconclusive. Well have much more on this study. Also the latest developments in the fight against the virus later in the broadcast. There are breaking developments on capitol hill where house lawmakers are voting on a 484 million rescue bill to help Small Businesses to provide more money for hospitals and testing. The bills passage bringing Congress Response to nearly 3 trillion. New jobless numbers show 4. 4 million americans applying for unemployment. Now 26. 5 million americans have applied the last five weeks. The Money Congress approved has new rules attached to it. The Small Business Administration Today issuing guidance making it less likely the publicly traded companies would have access to this round of money. For more on this we turn to Edward Lawrence in washington. Reporter you talked about the unemployment numbers. Kevin mccarthy says the democrats owe the American People an apology. Some of those americans would have been able to keep their jobs had the program went forward. He blames nancy pelosi for allowing it to run out of money for seven days. This bill is 16 days too late despite the denials you heard. We could have agreed on this bill in 16 minutes, republicans and democrats. It got held up for extracurricular stuff. It was delayed. Real people lost their jobs as a result. Reporter the focus after it passes the house is it will go on to the white house. President trump will see that house tonight on his desk. Democrats tried to tush to turn this debate back on republicans in the senate. We are trying to get to the place where we think we are giving the needed resources. We think the initial request was short changing hospitals and testing. Reporter of all of those things, republicans say they are all important. But the only Program Running out of money was the Payroll Protection Program that kept employees in their job. The sba is already look at guidelines so they can go to banks on friday and the loans can be processed through on saturday or sunday. Lou thank you very much. Joining us tonight is National Economic council director, larry kudlow. What will be the immediate effect of this legislation, the 484 billion . Its going to help. As much cash and liquidity that we can pour into the economy is part of the largest rescue effort in the history of the United States. Kudos to kevin brady. We knew it was going to run out of money. The president and mnuchin were ready to work on it. Now well get it done. Small businesses will absorb this rapidly and hopefully payrolls will be intact. Five weeks of unemployment insurance. Those are rough numbers. There is a hardship here. The whole story is because of the virus. Lets try to swim through this as we can. Lets try to shoulder through this and put this money to work right away. Keep people employed. Those who are unemployed, we are giving them checks from the treasury. Plus 600. 175 Million People will get assistance during this rescue. I cant wait to reopen the economy, just between you and me. Lou 330 million americans are with you on that view. When you talk about the money the government is putting back into this economy, including the federal reserve. Its a Staggering Amount of money in short order. Is it in your judgment anywhere near enough . Thats a hard question to answer. Thats a difficult question. Lou, here is the key point. Its all about the virus. The numbers moved towards reopening the economy. Health and safety must come first. President trump repeats that again and again. The numbers, new case numbers have come almost to the flattening point. Plus 3 daily rate of increase. There was 45 a month ago. That gives me hope in terms of your question. That gives me hope we are entering a transition period. Some states may come in before may 1. But may will be a transition period and that will get us to a reopening. Hopefully that will lead to better economic conditions. Well take brutal data. I cant sugar coat that. Many of those people are furloughed. Many of those people will come back. If we can save as many businesses. We can keep families afloat well do the best we can. But i look forward to the hope maybe its more prayer and a hope but the new case rate not only flattens but starts to hook downwards so we can start opening up the u. S. Economy and come back with a great revival. Lou the president demonstrated what he can do in terms of his leadership in terms of driving this economy to 3 Growth Without short so order. The demands will be even greater this time on the administration and all of us to make sure we have got this thing moving straight ahead. I listened to a number of beautifulo a number ofbillios almost alter capitalism. How in the future well have much, much higher taxes. That may or may not be true. They are waxing philosophical about this. And so many of them calling for great changes in capitalism. Its stunning that they are ignoring what has to be done about china and the export of deadly viruses by china. There you go. Thats a great point. This has nothing to do with capitalism. If we come through this in the next few weeks and reopen as i hope and pray is possible, well show a big rebound. This is about a virus that took off exponentially and nobody believed could happen. The source of that virus is china. And yes they will be held accountable at some point for this. Why do we have to raise taxes. Maybe billionaires are okay with tax hikes. I am not. President trump talked about a payroll tax holiday for middle blue collar income workers. He would like to see proinvestment taxation. We did this once with his tax cuts and regulatory cuts, did we not . And better trade deals . Why cant we ambu late those policies in the next few weeks . Why not an infrastructure bill, why not 100 expensing. Tax incentives for restaurants and ball parks. Why do we have to raise taxes. Lets let people keep their own money. Get them a job and let them keep their own money. The trump formula works. Lower taxes across the board. Blue collar boom a blue collar boom ensued. Better trade deals so we can export more in fairer trade. I dont want higher taxes. I want the country to come roaring back. And my hope is in the next few weeks we can get it open so we can start. Lou with that i will say hallelujah, i couldnt agree more. Excitement is not a bad thing. Thanks so much. Up next. Secretary of state mike pompeo issuing a warning to the World Health Organization. We take that up and much more with dr. Michael pillsbury. House republicans issue offing a memo laying issuing a memo laying out the response to the wuhan virus. Open road and telling peoplee that Liberty Mutual customizes your insurance, so you only pay for what you need [squawks] only pay for what you need. Liberty. Liberty. Liberty. Liberty. It didnt take us long to realize. We werent in the car business. At lexus, we were in the people business. We needed to be helpful. Respectful. And compassionate. To treat people like guests. Its what we all signed up for. 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Go your own way save at anoro. Com its a great escape. So many Great Stories from amazing people. It makes me want to be better. It changes your perspective. It makes you a different person. See what listening to audible can do for you. I had no idea that my grandfatherfe changing moment for me. Was a federal judge in guatemala. He was an advocate for the people. A voice for the voiceless. Bring your Family History to life like never before. Get started for free at ancestry. Com lou breaking tonight. Republicans on the House Oversight committee are fighting back against the radical dimms attacks against President Trump and his response to the wuhan virus. The memo presents a clear timeline of the president s actions and the misinformation from the Chinese Communist party and World Health Organization working together in a Disinformation Campaign against the world. And there is more breaking news. The radical dimms in the house voted to create a new panel to monitor the wuhan virus relief efforts led by President Trump. House Republican Leaders say its another political weapon devised by the radical dimms to try to take down President Trump. The panel will be led by jim clyburn who told House Democrats that the relief bill was a tremendous opportunity to restructure things to fit our vision. The committee will be made up of 7 democrats and 5 republicans who will have seen a power to depose Trump Administration officials, if you can believe that. Jim jordan, Ranking Member of the House Oversight committee and the house judiciary committee. Your reaction to the passage of the 484 billion bill that pelosi seemed intent on delaying in perpetuity at one time. She tried to delay it here. But there is help coming for Small Business owners and families. I wish we didnt have to send this kind of money, but when the economy of is shut down because of this virus, you have to help. This is the latest version of how we are going to help Small Business owners and families until we get our economy up and running. Lou lets turn to this House Committee designed it seems to weaponize whatever power the house has to subvert and even overthrow this president. Here we go again. Thats exactly right. The first version was before the president was even elected when the fbi used the dossier that was completely baloney to spy on the trump campaign. Then it was the ukrainian phone call charade they did, now this select committee to go after the president. We already have 8 different entities doing oversight on the cares act. But the democrats say thats not enough. Thet the 9th they just created is to look after joe biden. Everyone can see sit for what it is. They are going to pass it. We need to make sure the American People get the truth when this committee begins its work. Lou when it begins its efforts top subvert this president , maybe try to overthrow him. The same would be the same with pushing joe biden with the American People with this committee. Mr. Clyburn, our colleague is the biggest supporter in congress. The biggest endorsement that won South Carolina for biden. Thats who nancy pelosi announced as chair of the committee before the cares act even passed. She said well have a select committee and named mr. Clyburn the head of it. They are going to go after the president as they have been doing for four years. Lou is there a strategy, an opportunity for the republicans in the white house and capitol hill to stop this committee and end its nonsense . This is outrageous . No, its going to happen. Lou just by a stroke of the pen in the house . Its going to happen. We just have to call it and describe it for what it is. Its another attack on the president. We can communicate the truth and thats what we have been doing for four years every time the democrats attack. They saw the Mueller Investigation turned up nothing. The impeachment investigation showed there was nothing wrong. The footnotes that have been declassified in the last few weeks showed us that effort was ridiculous. It was based on russian disinformation. They knew they were getting played. Each time they tried it backfires on them. Lets call it for what it is, this is another attempt to go after the president of the United States. Lou another sickening episode led by the party of hate. They have become so outrageous its beyond description. Comey, mueller, our good friends. We are learning more and more about them as a result of the declassification of parts of the fisa examination investigation. Your thoughts about what new we learned and how important is it and how likely it is now that we are actually the American People will have some accountability as a result of their outrageous crimes against everything this country stands for . Bill barr has done an outstanding job. His interview a few days back where he indicated mr. Durham is looking at this. And the problems he sees there. I look forward top in durhams investigation which i think will come this summer. And mr. Horowitz has zon outstanding work. He issues his report and looked at 29 different cases, random sample. 29 cases where the fbi went to the fisa court to spy on american citizens. All 29, the underlying evidence was not there. There were problems with he single one. In four of those 29 cases they couldnt even find the woods file. The standard the fbi set up for itself they werent following. Thats in he sense what his interim report told us. Thats how bad it is. People need to be held accountable specifically for what they tried to do to the president of the United States. Lou we need also i think a very strong report from capitol hill from almost he quarter about the relationship between the party of hate, the deep state, and the national leftwing media. Because their relationship is made possible, this brazen, bald assault on the presidency and the constitution. Do you agree . Yes, the Mainstream Media and the democrat press are one and the same. It started in july of 2016. When the fbi went to the fisa court using the russian disinformation. Used it to get a warrant to spy on the trump campaign. Thats where it started and it never stopped. It manifested in the Mueller Investigation. Then you say the with the crazy ukrainian phone call impeachment. Then the latest effort what happened on the house floor. The select committee, mr. Clyburn, joe bidens biggest supporter will be the chair of his select committee when we have 8 different entities doing oversight. We have the inspector general. In the cares act itself there was a Session Commission for oversight. Nancy pelosi just put miss shalala on that committee. But all thats not good enough. We need a 9th committee chaired by joe bidens biggest supporter going into an election year. The democrats will never stop attacking this president. Lou never. This promises to be the most extraordinary elect year ever. It has all the makings. Up next, mike pompeo issued a warning to the World Health Organization as china tries to exert more power. Michael pulse bury joins us later Michael Pillsbury joins us later. And a vaccine trial moving faster than expected. You think of people in a place. But when you have the chase mobile app, your bank can be virtually any place. So, when you get a check. You can deposit it from here. And you can see your transactions and check your balance from here. You can save for an emergency from here. Or pay bills from here. So when someone asks you, wheres your bank . You can tell them heres my bank. Or heres my bank. Or, heres my bank. Because if you download and use the chase mobile app, your bank is virtually any place. Visit chase. Com mobile. I have always wanted to be a teacher. Ive been teaching for over 20 years. 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