Paul welcome to the journal editorial report. President biden and donald trump secure the delegates needed to clinch their partys nomination setting the stage for the first president ial rematch since 1956, most americans dont want that. Following the state of the Union AddressPresident Biden has been barnstorming battleground states in pennsylvania, georgia, wisconsin, and michigan which were crucial to his victory but polls show the president narrowly trailing donald trump in those states which can he turn that around as the general Election Campaign kicks off . Lets go to doug showing. The initial polling after the State Of The Union suggests the president has not received a bump in his Approval Rating despite the fact so Many Democrats love that speech. Are you surprised . Not surprised. The speech was directed almost exclusively at democrats and to show that his cognitive issues as described by Special Counsel and others are not an issue. He wasnt really trying to change his Approval Rating is much as he was trying to buttress his support with core constituents. Paul democrats you would assume would rally for him anyway. What alternative did they have at this stage. He you would think the president would have tried to target in that speech nikki haley voters or independent voters, people he needs to pull away from donald trump. Why do you think the administration decided to do what it did . Good question. In the State Of The Union in 96, and thereafter, President Biden and his advisers have a unique problem, 65 say they want someone else to run other than the incumbent. There was a feeling among the Biden Hierarchy that they needed to reassure core supporters in a way that every incumbent president doesnt have to do in his or her reElection Campaign. Paul he needs to reach out and get haley voters at independents, hes doing that by going to the swing states, in wisconsin, georgia as well but those states are where the election is going to be decided. Why is the president trailing in those states . Doug hes trailing because of inflation, which in the Northern Industrial states has taken a toll on working people, the swing voters you are alluding to particularly independents and suburbanites. And convinced people they are economic, social and Criminal Law Problems with the the southern border. I think President Biden by dint of his Policy Initiatives and his campaigning is trying to reassure his core supporters and some swing voters if he can, that he is sensitive to their concerns about immigration, though on inflation i think he has a long way to go to make the case he understands the difficulty and challenges working people are facing. Paul he seems to think he can blame republicans for blowing up the bipartisan deal in the senate put together. Never got a vote in the house. Do you think thats going to be a strategy he can drive to the election . Trump is saying you own immigration, the white house seems to think this jujitsu will work. I dont think it will work. If i were advising President Biden i would tell him to do Executive Orders to tighten up the asylum process, tighten up the Immigration Process to the extent the law allows to build more fencing to demonstrate graphically the commitment. The president in the absence of that wont when the Immigration Issue which from the polling i have seen suggests its one of the weakest, if not weakest issue the president has going forward. Paul Donald Trumps favorable ratings, hes not above 50 but he is as high as he has ever been. How do you explain that . I think theres a sense that he is among many being persecuted with the multiple prosecutions, civil lawsuits, also, he managed to be more disciplined in his rhetoric, his speech after supertuesday was more accommodating than hes been in the past. Given that the president s own approval is down 39 , 40 , there is a desire among many swing voters to have a credible alternative and for trump to be that alternative he has to be more appealing personally, something his Campaign Team is working with to accomplish. Paul if he can keep that contained and history suggests he probably cant. Thanks for coming in. Still ahead, President Biden unveils a 7. 3 trillion Election Year budget. Our panel on what it tells us about his priorities and plans for a second term. Its fineeeeeeee [splash] before advil Advil Dual Action fights pain two ways. Advil targets pain at the source, acetaminophen blocks pain signals. Advil dual action. Theres Nothing Better than a subway series footlong. 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Order today at wt. Com paul President Biden unveiled his 7. 3 trillion budget for fiscal 25. And Election Year wish list that heralds priority for second term including 5 trillion in tax increases but a mere 1 in Defense Spending which amounts to a cut after inflation. Lets bring in dan heninger, and alisha finley. Dan, what did we learn about bidens second term priorities . President biden in the democrats, this is important to me, will not rebuild us defense capacity. 1 increase is a cut after inflation. Has been true for the last several years with the democrats and their priorities are on domestic spending. We are talking about a Spending Package of 7 trillion and the democrats, now that they are the party of bernie sanders, from the time of the primaries in 2016 are going to focus on domestic spending and will not make the commitment necessary for the United States to position itself in a world that we know is extraordinarily volatile, The Middle East, china, Vladimir Putin and russia. Its not a normal peacetime era and we need to address the Defense Structure and the democrats wont do that. Paul youve got the war in ukraine, China Building a new navy and defenses in The Middle East and maybe Iran Goes Nuclear and yet it is like nothing changed in the president s budget. Classic populism. He you wants to spend on domestic issues but he is ignoring, one of the big glaring problems, they dont have enough money to pay people what they need to pay them and there are other Big Technology problems like satellite vulnerability. You go from boots on the ground to hightech stuff and hes not willing to pay up for any of it and that is a problem for our role in the world. Paul what about the taxes . Mary what makes me laugh about the taxes in the budget which is Classic Populism tax the rich is he looks at this as static. He has a wealth tax, he will increase tax on 1000 billionaires he has identified. He acts as though people are not going to behave differently. He has a very static analysis of how the economy responds and the other thing thats depressing, to see a president with this kind of experience not recognize that corporations dont pay taxes, people pay taxes so the likelihood that a lot of these taxes will be passed on to consumers is high. Paul the details on the taxes, 28 rate he wants for Corporate Income tax up from 21 and an increase in Capital Gains tax in terms of capital, could go up to 50 or close to it. Mary it goes to those paying, in california, under New York State tax, some people could be playing up to 60 . He extended the medicare payroll tax 3. 8 obamacare and initiated, he increases to 5 and Small Businesses paying a top rate of 37 . They are paying 44. 6 and he reduces brackets, kicking at 400,000 instead of 690. Paul not that anyone under 400,000 will get a tax increase but thats not index for inflation. Mary those who earn 200,000 would experience a tax increase. Paul this is a big deal, this taxing issue. The 2017 Income Tax Rates expire for in 2025. President biden reversed trump. He brought taxes, the corporate tax, repatriated hundreds of billions in overseas profits, did that on the expectation of taxing a lower rate. This will create pressure once again for corporations that find a way to get out from under that. Individuals, not so easy. Corporations can find a way. Paul he couldnt passes this. He is banking on a big electoral suite. Thank you all. Special counsel robert hur takes a beating from republicans and democrats about the documents probe. Prosecutor fans about i will us. Mucinex instasoothe sore throat medicated drops. Uniquely formulated for rapid relief that lasts and lasts. Thats my babyyy ow get mucinex instasoothe. Its comeback season. But st. Jude has gotten us through it. St. Jude is hope for every child diagnosed with cancer because the research is being shared all over the world. My name is dana bellefeuille, and my husband and i own the village bakery located in hayden, idaho. Our mission is to employ people with different abilities. Tiktok is allowing us to show what acceptance looks like on a daytoday basis, here at the bakery. This is a community of just complete and utter love. Its the people that lift you up when youre down. People on tiktok do that on a daily basis, and ive never found a Community Like that, ever. Paul former Special CounselRobert Hur Faced Fire from both sides of the aisle on tuesday as he appeared before the House Judiciary Committee to testify about his investigation into President Bidens handling of classified documents with republicans attacking for his decision not to prosecute the president and democrat slamming him for including comments about mr. Bidens memory in his final report. A move he defended on tuesday. My assessment about the president s memory was necessary, accurate, and fair. Most important, what i wrote is what i believe the evidence shows and what i expect jurors would perceive. I did not sanitize my explanation, nor did i disparage the president unfairly. Paul we are back with dan heninger and bill mcgurn. The democrats tried to beat up hur as a partisan because he mentioned the president s memory. Did they succeed and is it fair . Its not fair. When hur released the report in february they savaged him for bringing that up. The kid pointing out the emperor not wearing any clothes and they hate that because everyone sees it. It is his big weakness. They tried the hank johnson, accused him of wanting a federal judgeshipped from trump and doing his bidding, asked if he was with the federalist society. I dont think it worked. A lot of them concentrated on the parts that were favorable. No criminal charges despite four decades of mishandling classified information and distinctions between trump and bidens case, the smarter ones tried to turn the hearing into a trial on trump, not on biden. It points to a weak spot. Hur didnt make up bidens mental infirmities, he just pointed them out and he had to. Paul once he decided biden had willfully retained documents, which is, landed claim ironed you indicting him . He said i dont think i can get a jury to convict because the president s memory, hes a wellmeaning old guy who cant remember anything. Cant remember enough. He had to do that. What do you make of the republican argument that hur should have indicted . Biden is sitting president , so that would have been difficult for the Department Of Justice to do. Against the rules of the department. The republicans may, to some extent, a credible argument that theres a double standard. President biden has been holding onto classified documents throughout his career. He was reading some of them to his ghostwriter. Donald trump didnt did the same thing, he had the documents in maralago. The key difference is President Biden wouldnt be charged with obstruction of justice, trump is going to be charged on that. Has been. On the question of criminality of taking classified documents, one is as guilty as the other. On the underlying behavior. And exercise of Prosecutorial Discretion on robert hurs part, we hope jack smith would do the same for trump but we are beyond that point. Paul does the handling of these things just from the public mind a wash . It is all the same and this wont be a factor . Dan is right about distinctions. People follow these tales. What they take away is once again trump faces 40 Felony Counts on this, President Biden skates. I think that is going to feed into the narrative this is persecution and maybe another political winfred donald trump plus the fact that hur is pointing to President Bidens obvious weakness, his mental acuity. Paul lets turn to the georgia case, fani will us, the team, and some pretty scathing, scathing language. Is that a good judgment or should she, should the judge have said youve got to step down . You should make the argument he should have told her to step down, but that would destroy the case. He probably wants to leave it up to a jury but what he said about her is extraordinarily unprofessional, poor judgment, unprofessional behavior. The idea that fani willis is going to present a case when her credibility was damaged by that behavior that everyone saw on television, will they be able to form a jury that would be disinterested about this . Its going to be appealed for months and months. It will never come to trial this year. I think the judge though he didnt fire her, pretty much undermined the case. Paul no question some of the issues here would be ripe for appeal assuming fani willis can make a conviction but prosecutions being so tainted politically they will be dismissed by the voters no matter what happened . It was a clown show. Everyone can see it. The special prosecutor, fani willis is so discredited, helping trump in the state cases in new york and georgia, so flimsy and so ridiculous came before the federal cases which are more serious but may undermine it in the public mind. 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