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Payment to a former playboy playmate named karen mcdougal. that payment was made by a third party. so here is the relevant part of the audio that is the subject of much dispute between the two sides. >> and i've spoken to alan weiselberg about how to set the whole thing up with -- >> so what are we going to -- >> with funding. yes. and it's all the stuff. all the stuff because, you know, you never know where that company -- you never know where he's going to be. >> maybe he gets hit by a truck. >> correct. so i'm all over that. i spoke to alan about it. when it comes time for the financing, wh...

Referenced and no financing which means a full payment, a total one time. that's the context in which cash is used. anyone who does business with the president knows there is no green cash. every penny is documented. we would know a lot more about that if we had seen the president's taxes. the trump org is saying cash was like a term of art, meaning, are we going to finance over time or give a one-time payment. the president wasn't talking about paying with cash to make it harder to track such a transaction. what do you think? that's up to you. now let's bring in the great debaters. angela rye...

Giuliani accuse cohen saying the word cash. now we've put the tape out, and you decide whether i'm telling you the truth because the tape says what it says. but this is about the big topic in america today. a president of the united states who consistently lies. now he has giuliani lying about the lie. remember, he lied about what he said on air force one, openly lied. he said, no, i had nothing to do with stormy daniels. then giuliani said, oh, yes, he did. then he lied about the statement in trump tower, that he had nothing to do with it. it wasn't misleading. he in fact was involved in the ...

>> not context. i'm talking about the word. he said -- cohen used the word cash. the tape has trump using the word cash. giuliani said something false on behalf of a client who is accustomed constantly to lying, and this is just another -- >> i saw it reported by nbc that giuliani had suggested that it was cohen who wanted to pay cash. however, in his own statements, which we can put up for you there -- we have pulled a couple of them. this is the transcript of what team trump says is said on the tape. don't pay with cash. check. you can decide for yourself when you listen to this. look -- >> ...

Recording and that it -- >> a lousy ear is what i would say. >> and that it may have been done because it's very clipped at the end. you hear check and then -- >> that isn't the issue. the word is, who said the word cash. >> in what context, lanny? >> not context. i'm talking about the word. he said cohen used the word cash. the tape has trump using the word cash. giuliani said something false on behalf of a client who is accustomed constantly to lying, and this is just another -- >> i saw it reported by nbc that giuliani had suggested that it was cohen who wanted to pay cash. however, in his ...