Kudlow. Im larry kudlow. All right. Everyone should read wall street journal columnist and former george w. Bush speech Writer William mcgurns excellent piece called time for so manically regular mommics. Thats in todays wall street journal. Mcgurn calls it zombie reaganism because people think the gippers free market, procapitalist, lowtax, deregulation policies are hopefullylessly out of sync with modern thinking. Of course, people who make that case are mostly part of the new socialism practiced by todays democratic party. Wasnt always so for the democrats. John f. Kennedy slashed tax rates. I wrote a book on the subject. Ronald reagan always promoted jfk tax cuts when he himself slashed tax rates in the 1980s bringing the top the income tax rate, believe it or not, down from 700 to 28 70 to 28 . Incidentally, joe biden voted for the reagan tax cuts when he was a senator. Just saying. So after the tax cuts, the economy boomed in the 1980s. I might, boom boomed. Between 1982, which was the end of the carter recession really, and 1988 the gdp growth rate was an astonishing 5. 4 at an annual rate. It also boomed in the 1960s growing at an annual rate of 5. 8 between 62 and 68, and i dont think its a coincidence that tax cuts were central to the rising tide of prosperity in both eras. Bill mcgurn finds a great quote which i will repeat and read, why is it inflationary if you keep more of your earnings and spend hem the way you want to them the way you want to, but it isnt inflationary if the president takes them and spends hem the way he wants to . If thats reagan saying that about carter. Heres president reagan saying it himself. Why is it inflationary if you keep more of your earnings and spend them the way you want to, but it isnt inflationary if he takes them and spends them the way he wants to . Larry got it. Spot on, mr. Gipper. Of course, i am proud to be an alumnus of the Reagan Administration when i was a young man. And, of course, i have stayed with reagans free market supplyside principles all these years since. Proud to say so. But proudly, the most important thing i learned from the gipper was his remarkable sense of optimism. He explained to people why the hapless jimmy carter had to be defeated, and then reagan fought the liberal Media Establishment in a tooth and and nail battle for many years, but reagan wouldnt give up. At the end of the day, people supported reagan through thick and thin. He won two landslides, in 1980 and 1988, and he launched an economic boom that really lasted through the early 2000s. It really wasnt until the financial meltdown of 20082009 that the reagan boom actually ended. Pretty remarkable stuff, dont you think . Bill mcgurn is exactly right that a candidates for president today that candidates for president today, and im thinking specifically of those debating at the Reagan Library with tomorrow night, how old follow reagans most successful political playbook. Free market capitalism, not Big Government socialism, is the path to prosperity. Supplyside policies of low tax rates, deregulation, limited government, reciprocal free trade and a sound, reliable king dollar are the key factors that could be put in place by a republican in order to begin the next longterm economic boom with perhaps 5 annual growth. Think of it. Gop candidates at the debate should not only echo reagans policies, but his confidence. His humility. His ability to connect with ordinary working folks and his optimism regarding the future of america. Reagan always said he wasnt really a great communicator, it was the ideas that he was communicating. There you go. Lets hear it from these gop candidates so they will be able to persuade america of their virtue and the virtue of their ideas on the economy. Nice and simple. All right. We will talk some more about this debate channeling reagan later mt. Show in the show. But first up, lets talk about the first biden impeachment inquiry hearing which is set for thursday. Joining me now is kentucky congressman james comer, chair of the House Oversight committee. Chairman comer, welcome back to the show. So thursdays kind of a new beginning, i suppose you could say, and i just want theres a couple things i want to ask surrounding this new beginning on thursday. Basically, one of them is if you could tell our viewers what is it you wish to accomplish now in the more formal setting of the impeachment inquiry regarding the the Oversight Committee . What are you looking to get done, mr. Comer . Two things. First of all, we want to explain exactly what an impeachable inquiry is, and secondly impeachment inquiry is, and secondly, we want to go over all the evidence that weve accumulated thus far. Our friends in the Mainstream Media are trying to create a false narrative that theres no evidence of wrongdoing by joe biden, and thats simply not the case. In the beginning, they tried to say there was no ed of wrongdoing by any biden, but i think that ships sailed, and the medias finally accepted that the president s son has committed, you know, many crimes, many serious crimes. But this investigate isnt about the president s son, this is about joe biden, and thats what we hope to get across to the American People on thursday. Larry lets see, your initial witnesses, forensic accountant bruce dubinski, Justice Departments former assistant attorney general for taxes Eileen Oconnor and well known law professor at gwu Jonathan Turley. What you have them go the what a will you have them go through . Are hay the ones that are going to review all the weve, or will they present new evidence . Hows this going to work out . Well, i think youll see over the next 48 hours were going to release some new evidence of wrongdoing by the biden family. But with respect to the three witnesses, what we want from them is to answer questions from our panel. So we have 26 republicans on the panel and, obviously, there are 19 democrat cans thatll continue to defend the indefensible by defending joe biden at all costs. But with respect to the 26 the republicans, we want to go over the evidence that weve accumulated thus far and ask each particular witness what their impression of this evidence is. We have forensic auditorses, forensic accountants that are going to be able to talk about the tax crimes. We have Jonathan Turley who does a very good job talking about the violation of the foreign agents registration act. He talks about crimes that joe biden himself has committed. Then weve got the doj employee that can talk about the coverup. Remember, theres two, two problems that a we have here. We have the biden crimes, and we have the biden coverup. So all three of these witnesses are going to be the able to cover every angle of what weve been trying to present to the American People for the last several months. Larry can i ask you, speaking of the biden coverup and the coverup by Merrick Garland and others, i guess last friday was anyway, Merrick Garland, as you know, testified in front of jim jordans Judiciary Committee and basically denied that there was any interference by him or room by by main justice presumably by main justice in the investigations of david weiss as u. S. Attorney, okay . And then youve jason smith on ways ask and means had uncovered the irs agentses, two irs agents who completely denied that and gave pretty hard evidence, pretty Firm Evidence that the Justice Department had interfered. Now, where im going here, sir, is youve got late last week right after Merrick Garland spoke before judiciary two to more irs two more irs agencies corroborated the report that the Justice Department discouraged mr. Weiss from charging hunter biden. Okay . Two more. So you had the first two, now you have the second two. The two plus two equals four urs agents. Even in this woke period, two plus two still equals four. And when it comes to irs agents, you have a lot of evidence that Merrick Garland was, to put it mildly, not telling the truth. I wanted to get your thoughts on that and how does that figure in your own investigation . Well, its a problem because, again, not only are we investigating the crime, were investigating the coverup. And with respect to what the irs whistleblowers, the two initial ones testified, i believe them. Their stories never changed, but weiss story has changed many times about Merrick Garlands level of involvement. Now we have two more irs whistleblowers that have come forward to verify what the initial two whistleblowers testifieded, and i think that tomorrow the ways and means committees going to release some more evidence that the9 whistleblowers dropped off to the ways and means committee. So well be talking about that at our hearing on friday. There certainly has been a coverup. And its not just with david weiss investigation of the biden family, its also with the national archives, its the with the fbi. You know, we found the 1023 form that alleged joe biden took a bribe. Well, no one investigated that. [audio difficulty] testified they were told to stand down. Then youve got a situation with the national archives, the general counsel testified in a transcribed interview that he was told not to cooperate with our committee. All of these things are happening by someone at the department of justice. Whether its Merrick Garland or not, i dont know, but thus far i dont believe a lot of what Merrick Garlands telling the American People. So, mr. Chairman, you will be releasing new evidence this week, and chairman jason smith of ways and means will also be releasing new evidence, is that what youre saying . Yes, sir. Larry and we can look, we will look forward to that . Are you going to when will you put this out . Is it going to be thursday . When will jason put it out . Jason will put it out wednesday, and well talk about it thursday. We have some interesting transactions thatll be becoming public soon, hopefully, very spoon. But at very soon. But at the end of the day, we already have a mountain of evidence. And the thing that the medias going to regret is all the reporting and all the the fake narratives that theyve tried to create that theres no evidence. Theres overwhelming evidence. Theres overwhelming evidence, and is were going to continue to get more evidence despite the fact that were being obstructed by the department of justice, by hunter biden and joe bidens very expensive legal team. Its what ive said all along, this is like tracking a bleeding bear through a snowstorm. Theyve left evidence everywhere along the way, and were just trying to put it together and present it to the American People. Larry last one, chairman comer. Theres a report, there was a newspaper report actually in the Washington Times, Susan Ferrechio was the the reporter, and ive asked several people about this but nobody s really nailed this down, is so im going to give it my best shot with you. Shes reporting that with respect to the statute of limitations regarding Hunter Bidens taxes, they couldnt go after him because either whoever let it lapse, Merrick Garland, a david weiss, i dont know, somebody let it lapse. But heres the argument, sir, and i want to get your opinion. Shes saying that attorneys are telling her hunter biden never paid the back taxes. He never paid even current taxes. A lot of us thought he had paid. A lot of us thought this los angeles lawyer, this celebrity lawyer whoever it is, paid it. Maybe he paid some of it, but not all his taxes have been paid. Therefore, the statute of limitations can be waived. And they can go all the way back to whatever, 2014, 2015, etc. , etc. Now, that would open up a lot of doors and a lot of investigations. And i just wondered, has anyone brought this line of reasoning to your attention . Can you comment on it . Well, weve been told that his taxes were paid, that the irs declaredded he owed. And the taxes that that he owed was on the w2 from burisma. But what the irs whistleblowers testified, larry, all those Shell Companies, all those 20 the plus Million Dollars the Shell Companies took in, they never paid any taxes on those. So his Tax Liability is significantly more than what he settled for. Now, its my understanding that that Beverly Hills lawyer made him current with the irs. Now, that may not be true, thats just what i was told. But at the end of the day, thats only on what he was, you know, the w2. No ones ever paid taxes on the money that went through the Shell Companies. And youre talking about we found over 20 million thus far, is so you can do math and see what he owes. The bidens owe a hot more money a lot more money than what he was initially hit with by the irs. Larry well, mr. Chairman, i will just read the headline of this is hunter biden vulnerable to federal charges for unpaid taxes from his Million Dollar a year job in ukraine. And i just want to see somebody run that down. Ive asked a bunch. To bunch of people about it, its why i bring it to your attention. Its a Washington Times story about three, four days old. Thats all it is. Anyway, i bring it to your attention because im not sure, you know, hunter biden, i mean, more investigations on taxes as well as the foreign transactions. Anyway, i dont want to keep you, sir. We hook forward to your hearing can be look forward to your hearing on thursday, we will look forward to your new evidence, and we appreciate your coming back on the show. Thanks for having me, larry. Larry you bet. Anytime. Coming up here on kudlow, joe biden is doing nothing to solve the border crisis except to blame donald trump. Its a wondrous thing, a wondrous thing, blame trump. Well talk about it with former director of National IntelligenceJohn Ratcliffe next up. And, folks, dont forget fox business will be hosting the second republican primary dea bait debate at the Ronald Reagan president ial library, simi valley, california, tomorrow night, 9 p. M. Eastern. Yours truly will also be broadcasting live out of simi valley for our regular show at 4 p. M. Eastern, 1 p. M. Pacific, but i will also be hosting the predebate coverage at a 8 p. M. Eastern and 5 a p. M. Pacific. Were up to 14 guests, ive got to figure out how im going to do in this. And believe me, these are not shrinking violets. Im kudlow, and i look forward to the new evidence from chairman comer. Is it possible to fall in love with your home. Before you even step inside . Discover the Magnolia Home james hardie collection. 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Someone needs to tell them, that theyre sitting on a goldmine, and you have no idea hey, guys youre sitting on a goldmine come on, guys do you hear that . I dont hear anything anymore. Find out if youre sitting on a goldmine. Call Coventry Direct today at the number on your screen, or visit coventrydirect. Com. Larry all right, the illegal Immigration Crisis in america is fantastically, fantastically fantastic, thats what ill have to say. I mean, beyond what anyone could have possibly imagined. Joining me to talk about it is John Ratcliffe, former director of National Intelligence, former texas congressman, former prosecutor, and hes with the America First policy institute, if im not mistaken. So so, john, welcome back to the show. I wanted to just kind of sit back and talk to you about this disaster at the border. Did you know that the open border policy is really all of President Trumps fault, okay . [laughter] this is joe biden. This is we have a great quote, recent quote. Take a listen to what mr. Biden had to say. The maga republicans in congress and my predecessor spent four years gutting the immigration system under my predecessor. They continued to undermine our Border Security today. Larry gutting. Theres a maga quote in there someplace too. Gutting and maga. Now, flash back from John Ratcliffe back in 2021, sunday morning futures with my pal, maria bartiromo, we have a great quote from you about the northern triangle countries. Take a listen to this one. This was totally unnecessary, and now its created a National Securi