tv Cavuto Coast to Coast FOX Business January 26, 2023 12:00pm-1:01pm EST
>> bruins as -- it is philadelphia flyers. here are the original six established in the 1942. the philadelphia flyers didn't come on until theness 67 expansion. now you know you know about hockey watching this problem. before we leave i show you tesla one more time. i believe it is the stock of the day. there is the overall markets. it ties stock of the day. it has been higher early this morning but it is still on the upside to the tune of 7%. that is not bad at all. folks, it was quite a show today. not a lot of real hard news but we had a lot of fun, yes we did. that is it for "varney & company." "coast to coast" starts now. ♪. neil: we interrupt this economy is tanking talk with some proof well maybe not. we're not looking back to stronger than expected gdp
report for the last quarter. we're talking about what is happening this quarter. guidance from airline ceos are giving for future quarters. they say their planes are packed, customers are jazzed, get this, summer bookings are going through the roof or clouds or sky, whatever airplane analogy you want to use. let's say we're using and filling a lot of airplanes. so what is going on here? we'll ask the experts why southwest problems clearly are not the consumer's problems, at least not yet. welcome, everybody, i'm neil cavuto. first off to madison alworth an industry, potentially economy taking off. madison what is going on here? >> reporter: we're getting a good look at airline performance today as we all remember a rocky holiday travel season. american southwest, jetblue reporting all today. american airlines beat fourth quarter expect tastes. jetblue also did well beating expectation. revenue is up for them at
$2.4 billion compared to last year revenue was 1.83 billion. southwest, a bit of a different story. the airline the largest carrier of u.s. domestic passengers, reported a loss in earnings. the big issue? holiday flight meltdown that had days of cancel flights. it hit all the airlines. southwest was not able to rebound, canceling 2/3 of all their flights two today's in a row to reset. company said the disruptions reduced profit by $800 million, plus an additional $390 million in endings interest costs mainly in compensation. southwest canceled 16,700 flights december 20 first through the end of the month. they delayed 13,000. the department of transportation is investigating whether southwest executives engaged quote unrealistic scheduling in flights which under federal law
is considered unfair and deceptive practice. southwest has not said how many customers were impacted. they have given 25,000 frequent flyer points to nearly two million people. when we asked about the department of transportation's investigation, they sent over a statement saying in part, quote, our systems and process became stressed working to recover from multiple days of flight cancellations across 50 airports in the wake of an unprecedented storm. southwest is expecting another loss in q1 of this year because of lingering problems from december. that being said they say bookings in march look better and they're continuing with the planned flying capacity expansion for this year. as i mentioned they carry the most u.s. domestic flyers. if they can maintain some of that loyalty they look for strong 2023, obviously the department of transportation investigation though adding a lot to their overall market and overall concerns with southwest. neil. neil: probably to put it
modestly. i'm glad madison you can do the report here, not at an airport. for a while we had you all over the country in airports, at least right here near us. that's good. luke lloyd, strategic wealth partners what he makes of this. madison was reporting, luke. businesses are on fire. they're packing planes. a lot of people are pointing if americans are hurting so much why are they flying so much? what do you say? >> they're not hurting yet. look at q4 earnings. looking back on time, right? of course during -- neil: you saw their guidance, my friend. i'm not a cockeyed crazy optimist. guidance to an airline exempt for southwest was very upbeat. >> it was upbeat but i think a lot of ceos out there will get themselves in trouble. we saw that today with the airlines. we saw that today or yesterday with tesla and elon musk being very optimistic about the future. the million dollar question is the question around who is right
about the upcoming slowdown. i could be completely wrong, neal, i could be. are investors cheering stocks as earnings come in or bond investors right, yield curve still inverted a big cause for concern? historically the bond market is smarter. the interesting thing is, here is one of the craziest things i've seen the past couple weeks, the new york fed, recession probability is currently higher now than it went during the financial crisis in 2008. i believe it will be very difficult for companies in growth mode, teslas of the world, higher growth companies. these airlines are preprojecting a lot of this good guidance. i don't know if they hit the year-end targets. i would rather come in lower, set lower expectations but these companies are setting higher expectations for the future which concerns me. neil: you know what concerns me, you're young, you should be upbeat, half full glass, here i am the old codger talking to you saying the glass is half full. i know there is a line they
use -- >> old soul. neil: a line people use don't fight the fed. i ascribe don't fight the consumer. if he or she is packing airplanes, packing restaurants, packing theaters, they're obviously packing some cash. a lot of concern whether that cash is borrowed or a hold over from you know the height of covid and covid funds they got but they're spending it optimistically nevertheless. you questioned the length of that. so far i don't but i'm wondering what you are fearing the most will happen? they arrive at a point they go in the wallet and there is nothing there? >> it is already kind of like that. they're spending their credit card, right? i'm not concerned necessarily about the consumer, fighting you know, the fighting consumer. i'm concerned about fighting the fed. that is fighting the consumer. the fed is fighting the consumer right now. elon musk himself even voiced concerns over the past couple of months that he is concerned about the interest rate hikes and economy putting us into deep recession, right?
gdp print this morning didn't help anyone's cause this morning. the fed will probably still remain high for an extended period of time. look at some upbeat earnings, i was referring to. tesla wants to sell two million cars in 2023 up from 1.3 million cars in 2022. that is a 50% increase. that is hard to do in a good environment but what about a bad environment? real quick, neil, interesting thing about recessions is that they're all different, right? consumer psychology changes throughout time. what consumers spent money on a decade ago, 20 years ago, is different than what they spend money on now. because capitalism innovates. peoples behaviors are different. i think this time around people will cut back on travel. they will cut back on going out to eat. they will keep the subscription services things like that. you have to look what consumers are still going to spend money on even when they're hurting in their pocket. neil: i don't see them doing that yet. you're right. it's a possibility.
i will still cling to my half full glass. you will see the same glass see just the opposite. we'll see who is right. >> it will being fun over the next year. neil: i never acknowledge it, remember that. luke always a pleasure. >> i will acknowledge you, neil, i appreciate you. neil: you're the best, i appreciate luke. we have an aviation attorney and pilot. sal, the vagaries of the airline industry, southwest, they stand out for being so crappy. i'm wondering, i know they didn't get their technology system up to boot. are other airlines in better position? they're the ones reporting all this boffo news. what do you think? >> i think southwest is also thinking that they're going to have a pretty good position moving forward, from like march, just beyond the first quarter. they are, they are doing great things to try to improve the systems that were broken, not there yet. they have general electric involved in fixing that. but you have to remember, that
they are situated a lot differently than other airlines. you know, you look at airlines like delta, which use a hub and spoke method of flying and scheduling and all of that. when they do that then the planes can react to bad weather. but what happened to southwest we learned that the point to point that they use which was flying from one airport to another, originating from that airport to the next, that the that kind of a system is very efficient, very, very good when the weather is good. boy, when the weather goes down does it make a problem. neil: certainly does. sal, you have a interesting perspective on this, not only as a pilot but aviation attorney so maybe you can help me understand the customer base of the airline industry. they see those lines waiting, they see the baggage piled up, they see a lot of experiences we had a few weeks ago, the holiday season, they're not deterred.
they're still making bookings, likes of which we haven't seen since pre-covid. what is it? from your experience what does it say? i know some airlines are offering super low air fares and the like but not all. is it just an itch to continue traveling, the post-covid feeling they were trapped, they want to get out, what? >> i think that is certainly part of it. you know the aviation business is so diverse, so broad, there are a million reasons why people want to travel and couldn't over the last couple years. now they can get out there, they can travel again. they're trying to do that but what i think is really interesting i watch the social media sites involving southwest's passenger, they're very positive upbeat and they're saying look, we understand. we understood really bad weather and perfect storm all of that but the, but we're willing to book on southwest again and other airlines i think are seeing the same thing.
neil: you're right, southwest does 55-dollar fare anywhere, something like that. that might ease a lot of old wounds. we'll see what happens. sal, thank you for your input. >> always a pleasure. neil: we're following this document scandal, whatever you want to call it on capitol hill right now. we're getting word from the oversight committee it scheduled an interview with the national archives, recorded a administration regarding handling of said documents. we'll talk to the committee of james comer oversight chairman. she played a crucial role in last meltdown. saved a lot of banks, people getting very, very nervous. could she see anything like that happening again? her exclusive insights here. we've been doing different things here at fox business, we have new shows, new people, new attitude. it all boils down to you. we want to get your thoughts how you think we're doing good or bad although i prefer good. you can tweet us at teem cavuto.
email us us at cavuto @fox.com. there will be no weight lectures or jokes. i've seen some of these. apparent some of you think that is funny. we'll have more. ♪ i'm mark and i live in vero beach, florida. my wife and i have three children. ruthann and i like to hike. we eat healthy. we exercise. i noticed i wasn't as sharp as i used to be. my wife introduced me to prevagen
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♪. neil: so when we move to a one-hour show my executive producer says you know we should really do more mail, tweets, it's fun. it will remind people, you, neil, how much they love you out there. i said go ahead, melinda, let it rip. you can tweet @teamcavuto. email@example.com. unincluding one that writes, you suck. is that where we're going? i don't think these people hate you, the tweets have a better chance being read if they're mean to you. therefore cavuto is a poop head. that is my tweet. rocky, got on. brilliant move on your part. melinda says save the best for
last. been watching you for many years. you're not as big as you used to be. cut you some slack. you offer balance this extreme news world needs. thank you, cameron, really truthfully, mary cavuto. that was very nice. it happens. connell mcshane, who is universally loved. >> right. neil: joins us right now. >> it is nice. neil: we didn't think this through, did we? >> keeps you humble. neil: one of the things i love most, humility. >> you never get overconfident reading fan mail. neil: no. you worked with don imus for years. you learned a lot about that. i want to switch gears, my friend. i want to get into the whole tesla thing. we were noticing as we talked about turnarounds with the airline industry, tesla might be experiencing one itself. >> it might be. if you look at earnings, it is all about saying about the
future. earnings per share last quarter better than expected, that was fine. the focus on this quarter next quarter, entire next year. key outlook from tesla, there it is. the company says they will make 1.8 million cars this year. that compares to 1.37 million last year. not the 50% sales growth tesla said is the long-term goal but hey, 37% would be fine in this economic environment. remember tesla cut prices by as much as 20% that was earlier this month. you come out with a forecast like this, seems to signal that move happening the desired effect about demand, but raises questions about profit margins. investor are focused on improved demand outlook. it is up 8%. it might well be the best day in six months. context on tesla, prices moves around so much, one year, still down 50% this is one year time frame we have on the screen.
this is quite a run since bottoming out on the third of january. 101.81 was the low. look at it now, up 155. right at the tail end of that one-year chart. sure it is down a lot from 300 plus but it is coming back here. dan ives, wedbush, the analyst there has a 200-dollar target on elon musk's company. musk was on the earnings call, we might be headed for serious recession, serious. although hopes it could be avoid. we bring down input costs foretesla. he seems laser focused on the cost side. the company lean as is it possibly can. increase in-house production of batteries one way to save money that is the focus, neil. but on demand side you cut prices you hope people want to buy teslas. musk's point. more people want teslas. they don't think they can afford them. you boost the price. if this is out, it works so far.
neil: boost demand these things are not cheap and others. only buy one if they have the dough. >> supposed to come out with a affordable car. reuters talked about that later this year. cutting model 3 performance on long-range version below 55,000 was key. that is the mark where you get eligible for more of those tax breaks. neil: that's true. >> overall still a pretty penny. neil: thank you very much, my friend. as connell was talking we got positive comments on him. >> yeah, right. neil: by the way, connell did raise the argument, what is going on with tesla, it is getting a lot of attention? a lot of people are looking to buy these vehicles. there is a problem though, finding enough charging stations. now with so many other makers going the ev route our jeff flock discovered settling that issue, just being able to charge up your vehicle has proven a real hurdle for the growth that they want to see.
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♪. neil: all right, i don't know if the president of the united states will be quoting all these booked flights airline industry ceos are talking about but probably put in the context of an economy that appears to be picking up a little steam, not a whole lot of steam, enough to do some bragging in springfield. neil: virginia today. that is where you find our grady trimble. >> reporter: neil, yes, we're expecting president biden to tout the strength of the u.s. economy today, citing data like low unemployment as an example but there are a lot of indicators having economists and everyday americans question whether the economy is as strong
as he says it is. new gdp numbers show the economy is growing but at a slower rate than the previous quarter. gas prices are on the rise up 40-cent in just the last month. tens of thousands of tech workers have been laid off in the first month of this year. still, the white house insists the economy is in good shape and it says it is republicans who will in the president's words wreck it. >> does the administration view calling out republicans as an effective tool dealing with recession? >> we are willing, the president is willing to work, with congress in a bipartisan way. he is also going to call out republicans in particular in the house who are saying they want to cut social security, who have said very clearly they want to cut medicare. >> reporter: that is the new line of attack from the white house but house speaker kevin mccarthy said cuts to those programs are not on the table. >> none of that is true. that's the bad part here, that the first administration said
they won't negotiate. then they want to play politics. why are they so afraid to sit down, to find where you can eliminate waste? >> reporter: president biden has signed $5.8 trillion worth of new spending into law since he took office. house republicans say it is up to them to rein that in. president biden on the other hand in his speech today, neil, will say, that that's been good for the economy. as you can hear sound check getting underway in springfield. neil. neil: i thought that was just for you. grady trimble is here. no. okay. thanks, grady very much in springfield with the president of the united states. he will be with us later. sheila bair is with us. you remember sheila bair the crucial role she played in the financial meltdown. this always embarasses without her calm resolve, so many were freaking out at the time we
might have had a very different outcome. we have different economy from then, i'm not politicizing but your thoughts, god forbid do we face something like that again. are banks ready for it? are they capitalized for it? >> if we have a soft landing i think they are. they have been proven resilient. there is a lot of government support and stimulus to help us for instance during the pandemic. there is a large nonbank sector we don't have a lot of transparency how well-capitalized are. for regular banks if it's a mild recession it will be fine. if we have disruptions in the treasury market with the debate going on about the debt limit, that could impose widespread damage on the banking system, indeal on the worldwide financial markets. neil: in the situation we are now, we can't go a penny over the debt ceiling like finding money out of couch cushions,
reapportioning bills you can pay. the summer, and beyond, what is the real skin any on that. how long can you play with this? >> i think, so we don't want to risk the government not being able to pay its bills. i would go with more conservative estimates i think june. bipartisan policy center suggested it will be third quarter. we should assume sooner than later. look, this needs to be resolved. it makes markets nervous. we have a lot of drama around the debt limit frequently. it can cause borrowing costs to spike. which would make our fiscal problems even worse. so i do think this needs to be done sooner than later. but it should also be accompanied with some very serious discussions about spending restraints. we're living far beyond our means and if we do have a recession the need for deficit financing will go up even more. recessions, tax revenues go down, government spending goes up that is the reality how these
things work. we need both, resolve the debt limit, also come up with a plan to impose some fiscal restraint. we've gotten too used to deficit finance the government, and we can't do it anymore. neil: to your point we keep doing it. i wonder to what end? republicans are trying to hold the administration's feet to the fire, tying debt ceiling to spending restraint. the administration said that is not going to happen. whether it is part of this deal or not there has toby spending restraint. i'm wondering, even when they throw ideas out there to cool the growth in programs, it goes know where. i'm wondering where this will go? >> yeah. well, i think, so some of us are old enough to remember when social security was in crisis before in 1983. there was a bipartisan commission set up by my former boss bob dole. it was instrumental, it worked. this needs to be bipartisan. medicare and social security are on unsustainable paths. we've known this for a long
time. you know, i wrote a kids book about compounding interest. i sometimes wish congress had read it. if we fixed the problems a long time ago, imposed savings, maybe higher revenues, we could have benefited from the power of compounding to keep us away from the near crisis we are facing right now. so again sooner than later. we know these funds will be running out of money. we've known that for a long time. needs to be addressed on a bipartisan way. i think some type of commission along the lines what was done in in 1983 would make a ton of sense. we need constraint on discretionary spending. not only for the fiscal respondability but for social security, medicare beneficiaries they need certainty the trust funds will not run out. neil: we did it then. ronald reagan risked political capital, tip o'neill risked political capital to come up with a plan that gave another 30 years of shelf life to social security. it is possible. i don't know if we have the
characters to do it. >> it can be done. neil: thank you very, sheila bair. former fdic chair integral figure with the meltdown. jeff flock, talking about evs, part of that excitement is trying to find enough charging stations to take part. that can be a problem, can it, jeff? >> reporter: i come to you from one of 100 curbside charging stations in in new york. half the people in town park on the street. i don't think that is enough. the plan to electrify the streets of new york when we come back just a moment. nolt. you'll always remember buying your first car. but the things that last a lifetime like happiness, love and confidence...
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♪. neil: all right. it is all the rage. now part of that rage is finding a place to charge your brand new electric vehicle. easier said than done. a lot of locales are doing their best to sort of up the charging ante. jeff flock in new york city with more on that. hey, jeff. >> reporter: it's a challenge in new york city. by the way, it is kind of chilly, neil t was nice and warm in the studio earlier this week but i digress. this is one of 100 curbside charging stations in new york. most people park the cars on the street in new york. so, you have to have a place to charge it. believe it or not, there is a place for two cars here. one is charging. look at the sign, says you can only park here if you charge. when we got here this morning would you believe it people illegally parked in new york city? it shocked me. there you go. this is with one of the things look like, by the way. how many does new york need? you here is the question. you put the numbers up.
they say 2030, they need 40,000 of these. by last credible report, this may be low, there were 15 hundred. they need 1600 fast charge es like tesla ones. but they need 6,000 of those at last report. they had a 117. this is a car parked here now. i don't know i didn't see the guy get out of it. this is a smart car. this is one of the cheaper evs. that, you know, is a smart, smart port two, what they call them. only half a car though. i guess half a car for half the money. the other thing about the tesla superchargers, neil, and i know you talked to connell earlier about tesla, another potential revenue stream for them. their superchargers don't allow to charge non-teslas there, they do in europe and elsewhere around the world. they are planning to open those up. there is a huge profit margin on
those things that could help a little bit too, alleviate the need for charging pause a lot, a lot more electric cars out there. they need a place to you know, gas up. i mean charge up. neil: you're right. jeff, maybe you and i are among the few you can remember, you have to have a standard, right? in the early days between vhs and beta, you had competing video standards. ultimately vhs won the battle. beta was considered superior. you need to group around a single standard and we're not near there? >> reporter: they do have a adaptors now, neil, would be helpful in this country. you can adapt. tesla will allow you to adapt the non-tesla to a tesla charger that could be a great thing. they charge you up in half an hour. i still have videotapes in case you need them. neil: vhs how you do that. the vehicle there, you have people parking where they shouldn't. they shouldn't. so that charger is not doing any good, right?
>> reporter: if you park and you charge, you don't have to pay for parking. so that is a positive, some people, as you know, god forbid somebody in new york would park in illegal parking space. it is crazy but they do it. neil: i have never heard of that in the city that anyone would dare do that. jeff flock, great seeing you my friend. jeff flock in the middle of all of that. there is another incentive they get you with, tax incentive $7500 a speak to buy one of these things. we heard west virginia joe manchin not keen on keeping tax credits going. we have alliance for automotive innovation, president and ceo. john, does the ev industry need those tax credits? it seems to do very well, more than half are sold without it but what do you think? >> what you're seeing right now is product momentum and sales momentum. if you look at numbers, 1% of the u.s. vehicle fleet is
electrified right now, 1%. 7% of new vehicle sales are electrified. so i think the incentive is important. it is meant to be temporary but it is important to continue to build, no the only awareness and excitement about technologies but to provide opportunities for americans across a broad spectrum of incomes to be able to benefit from cutting-edge technology. neil: it seems to be inconsistent from my read of it, john, so will not qualify with income, maybe the model of the car itself. we need to get a standard on this. if that is the route we're going to go a standard that fits all? >> i couldn't agree with you more, neil. what we've done here is we've created a tax credit that has an enormous amount of complexity in it because it is meant to serve a different purpose than previous tax credits. this tax credit, that was in the ira, inflation reduction act, that was authored by
senator manchin is really designed to reduce dependence on china, a goal i agree with that. as a result of that, there is it on the of complexity and different hoops a customer haas to jump through whether they qualify for the credit. neil: we all have to get on the same page if that is the route we're going. great to see you, john bozzllla. >> good to see you. neil: standards that brian brenberg always had problem with this, government helping you out. ultimately brian, it doesn't work? >> when they help they hurt neil, we'll talk about that and sew many other things on "the big money show." president biden taking a victory lap on economy, same day companies are talking about thousands of job cuts. we'll talk about senator hagerty with his new bill stopping irs from snooping on your venmo about. what is chatgpt all about? we'll have more after
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appropriate handling of it. those rules are there fora reason. neil: well, the rules might be there but apparently people have not found a way to stick to them including now pretty much every politician known to man. i exaggerate only to make the point this does seem to be routinely popping up every day as an issue. chad pergram where all of this stands. hey, chad. >> neil there, is bipartisan displeasure after a classified senate briefing with the director of intelligence avril haines. lawmakers think haines is, elusive about the documents. >> i'm very disappointed with the lack of detail and a timeline on when we're going to get a briefing but it is our responsibility to make sure that we, in its role of the intelligence oversight know if there has been any intelligence compromised. >> some lawmakers have threatened to hold up nominees or take other action if the
intelligence community fails to share more information. >> we have a big tool box of things we can do to bring the biden administration to its senses on this. i would point out that the congress is the one that appropriates all the money and controls the purse strings. that is a significant, significant tool in that tool box but it is not the only one. >> cornyn says it is unclear if even the intelligence community has seen the documents in question. sometimes federal agencies are reluctant to get involved when there is a doj probe. that is the case with the special counsel investigating the biden document issue. >> there is limited information that i can share. a part of that is they don't want to disrupt the additional, follow-on elements of the investigation. so i can appreciate that. having said that, i think that they could provide a classified briefing to give us fact patterns that rise above level that would threaten the
investigation. >> fox just confirmed that the house oversight committee scheduled a transcribed interview with the general counsel for the national archives on january 31st. this interview focuses how the president handled classified documents. neil? neil: thank you for that, chad. a good issue to pick up with the chairman of that committee, congressman james comer is indeed the chairman of the house oversight committee. kind enough to join us. well you got some, budging going on now. i'm wondering what you expect from that and what information will be shared? maybe you can update us? >> well we have all the questions that media have been asking the white house and they have refused to answer. we want to know what type of documents were mishandled by all three of the most recent people named in this, biden, pence and trump. we have no idea. we want to know exactly why there was such a difference in how president trump was treated by being raided versus how
joe biden was treated by letting his personal attorneys rummage around all the different locations and look and try to clean things up before anyone went in and check for classified documents. you know, from an oversight committee who is leading a major investigation into influence ped link with this administration, we want to know if these documents, if they have been used in a compromising way. this is the problem with the biden family. they have been influence peddling for decades. now we find classified documents are strewn all over the east coast. it is very concerning. we have a lot of questions for the archives. i'm glad we'll start trying to get answers. neil: i know you will be interviewing national archives officials. as you know, congressman, national archives recommending all former presidents, vice presidents, i guess rifle through their boxes, extending that even to some senators. that is how alarmed they are but is the national archives itself maybe part of the problem?
all of these incidents arose, these findings came forward without anyone at the national archives sounding the alarm. they seem the last to know? >> i don't think in the beginning i would have pinned any blame towards the national archives but there are reports that the national archives would be the agency that potentially triggered the raid on mar-a-lago. they deny that. they say that was the doj. we haven't heard anything from the doj, but regardless, there has been a double standard in how the document retrieving process has played out between trump and biden. that is very concerning. to the republican majority in the house of representatives. look, we need to reform this process moving forward. i said this when mar-a-lago was raided initially. some media criticized me. they're saying i was telling the truth. this rumored to have been a problem with just about every former president and vice president. the fact that they have all been accused of taking classified
documents home. mostly inadvertently but it has been a problem. we need to reform the way documents are packed up, put into boxes before they are put into trucks to take from the president and vice president to wherever they land in the private sector. this is a problem. i'm confident that once the national archives will come forward and have public testimony, that we can have a bipartisan solution to the problem but in the short term we're very concerned that, you know this is another example of a two-tiered justice system in america, how republicans are treated versus how democrats are treated. neil: they all have documents, seems to be the bottom line. i'm just wondering who else sees these documents? if you take the presidents and vice presidents at their word, they were unaware in most of these cases. then the question becomes, who else were packing these up and seeing them in the process? have you got any intelligence on that? >> yeah, we gotten tips. we have people that have said
that of all people hunter biden made some decisions as to who he recommended to transport the documents from point a to point b. we're trying to verify that. whether or not that's true, we know hunter biden had access to those documents. listen, i don't think we have to spend much time trying to prove to the american people he has been involved in some shady business schemes with our adversaries around the world. we wonder were these classified documents part of that influence peddling scheme? that is something every american should be concerned about. that is why our influence peddling investigation spread to the mishandling of classified documents. we just want to make sure this administration is not compromised. that is why we need answers from the national archives. neil: got it. keep us posted, chairman. thank you very much. you have a busy year ahead of you to put it mildly. when we come back helps to deal with climate impact, it's a diet
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neil: that movie was my breakout role. now look at me. there is a reason for showing you that. to bring back some memories. there's a new food guide aimed at addressing the climate impact. you can take care of your self and take care of the environment at the same time. i assigned someone like my size to do a story on this and as hideous as me, they have lauren simonetti who is not at all, so she's going to try to do a report on this. lauren: my last name ends with a vowel. lauren: 1 is going on here? lauren: i was patting myself on the back from buying organic
milk. no, organic is so old school. we are way beyond organic. i would say organic is bad right now. what is in, none of those food items are in. they are all bad for you. red meat, coffee, sugar, chocolate. people now, who care about the environment and are structuring their diets on caring for the environment, care where the food comes from, the transportation of that food, how far did it come, the type of agriculture and farming used to produce that food, the list goes on and there are new words i never heard of. sustainediten. meatless mondays is a thing. it has been around a couple years, they are getting into caring about what we eat and our carbon footprint. taco tuesday no more, tofu tuesday, don't know what wednesday will be. if you want to keep addressing
the environment with your diet, that is fine, but what is the cost? who else cares about this? can a family find this type of food to feed their family and pay a price? neil: i didn't see pepperoni. neil: you just said meatless mondays. lauren: the younger generation is really concerned about this. scooter pie saturday. i haven't had -- neil: such a healthy person. lauren: remember calorie counts when they put them on the menu. do you eat your salad as a result? neil: i heard about the salad. the guy who follows these rules down to the most minute. brian: did you say taco tuesday is going away?
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