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[00:00:00]

I'm right there, I'm Maria Bartiromo. I'm Brian Kilmeade and this is the Fox News rundown. Thursday, August 27th, twenty twenty. I'm Jared Halpern. Republicans honor the country's heroes during the third night of the Republican convention. This week is about here of everyday heroes and hope and opportunity and the land of freedom and the American dream and how we're on the verge of the great American comeback. I'm Lisa Brady. The campaigns are trying to sell voters in the next four years, but for millions of Americans, the pandemic's financial struggles are a long way from over.

[00:00:40]

We've got a stock market boom, but we've got a forbearance boom as well. People are having a lot of trouble paying their mortgages. People are having a lot of trouble paying bills. And I'm Cal Thomas. I've got the final word on the Fox News rundown.

[00:01:01]

With Fort McHenry as the backdrop to Garrison that defended Baltimore during a British naval bombardment in 1814 and where Francis Scott Key penned the words that would become the national anthem, Vice President Mike Pence accepted his party's nomination for four more years.

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My fellow Americans, we're going through a time of testing. But if you look through the fog of these challenging times. You will see. Our flag is still there today, that testing was a central theme of the vice president's speech. As he spoke, Hurricane Laura began lashing the Texas and Louisiana coast.

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Our administration is working closely with authorities in the states that will be impacted. FEMA has mobilized resources and supplies for those in harm's way. This is a serious storm and we urge all those in the affected areas to heed state and local authorities. Stay safe and know that we'll be with you every step of the way.

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And there are challenges from the coronavirus pandemic and unrest in city streets.

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President Trump and I will always support the right of Americans to peaceful protest. But rioting and looting is not peaceful protest tearing down statues is not free speech. And those who do so will be prosecuted to the fullest extent of the law. Last week, Joe Biden didn't say one word about the violence and chaos engulfing cities across this country. So let me be clear. The violence must stop, whether in Minneapolis, Portland or Kenosha, too many heroes have died defending our freedom to see Americans strike each other down.

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We will have law and order on the streets of this country for every American of every race and creed and color.

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The vision being described by the vice president and President Trump's re-election team is not just about the future of the White House. Republicans are defending several US Senate seats that could determine which party controls that chamber next year. Colorado, Maine, Iowa, Montana, North Carolina and Arizona are all believed to be in play in November.

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People need to be held accountable when there's bad actors, just like in the military. Arizona Republican Senator Martha McSally is defending her seat. A former congresswoman, she has been in the Senate since last year, appointed to the seat by the governor following the retirement of Jon Kyl, who was appointed following the death of John McCain months earlier. In twenty eighteen, McSally was defeated for a Senate seat in Arizona by Democrat Kirsten Sinema, an election decided by fewer than 60000 votes.

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McSally is now running in a special election against Democrat Mark Kelly, a former NASA astronaut. She joined me in FOX Newsradio political analyst Josh Cross to discuss the state of her race and whether Congress can get together on legislation to address police reform in the coronavirus pandemic.

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We have ninety nine point nine percent good, just like the men and women in blue. But when someone commits a crime, there needs to be full accountability for their actions. But that does not excuse violent rioting, looting, it doesn't excuse it committing other crimes. And so we put forward some common sense reforms. It was about 70 percent of what the House is asking. But look, I think once again, Nancy Pelosi and Chuck Schumer showed that they're not actually trying to solve the problem.

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They're just trying to play politics so that they can gain power or stay in power, which is the very reason they don't belong in power.

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The other challenge that the vice president presented is obviously the coronavirus pandemic. More than one hundred and seventy thousand Americans who have lost their lives to to this coronavirus. Another issue that Congress seemed to have a lot of bipartisan support for early on passing, what, about three trillion dollars in funding over the course of a few different pieces of legislation. But this latest effort for for a Kahrizak part two or whatever we're calling it, has been stalled now for four weeks.

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What is the likelihood that the Senate and the House can get together on a compromise piece of legislation considering the coronavirus between now and Election Day?

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Well, we're in daily communications and working to put a package together in the Senate that is targeted and provides additional relief to small businesses that have been particularly hurt by the continuing challenges and restrictions with this first century pandemic, plus support to schools as they're trying to open and have to make modifications that come with expenses plus protection, common sense, liability protection for schools and hospitals and businesses that are in good faith following guidance. So we don't have an epidemic of trial lawyers and frivolous lawsuits coming after them, plus some additional things that are in there that are important related to testing and treatments and cures and some other things.

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And we're trying to be the adults in the room here. What you've seen once again, it's unfortunately because of the presidential election year and I've watched Chuck Schumer in action, I think he'd prefer to do nothing, even if it hurts the American people, because he thinks that will help him gain power. I went down to the floor of the Senate simply saying, let's extend the unemployment benefits for one week while we keep negotiating. And Chuck Schumer himself came down to the floor in order to object to that.

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And it's just how could you be against that? Like, let's keep working on it and continue what we had agreed to so that Arizonans and Americans are not hurt. Again, the very reason that he doesn't deserve to be in power.

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Senator McSally, it's Josh Kraushaar here. Like President Trump, you're running for reelection in a swing state, a purple state where Democrats have made some some inroads lately. Would you want President Trump to come in and campaign for you or you plan on running your own individual race regardless of what's happening, happening nationally?

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Well, first, we're not a purple state. Arizona is right of center. We believe in freedom and liberty and border security and a strong military. We believe in our Second Amendment rights. So we are not a purple state. President Trump was there last week, I was campaigning with him and he'll be back again, Vice President Pence has been in multiple times. President Trump has to win Arizona in order to get four more years. And I have to win Arizona in order to keep Chuck Schumer from being in charge.

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So we are pivotal here, ground zero in Arizona. And I look forward to continuing to campaign with him and his team. We are working very closely with his team on the ground to ensure that we stop the radical left from being in power. Look, Arizonans are not for what the radical left and the Biden, Schumer, Pelosi, my opponent, Mark Kelly, will be a part of open borders, the government takeover of health care, the green bag deal, raising your taxes, you know, violating your constitutional rights, like your Second Amendment rights.

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They're not for that. And like Biden, my opponent has been hiding in a bunker trying to pretend he's not a Democrat. And we're trying to get him out to debate, make sure everybody understands what's at stake here, that a vote for Martelly is a vote for Chuck Schumer, which is a vote for the radical left agenda is a Trojan horse, just like Biden. And as things come into focus, we're confident that Arizona is going to re-elect President Donald Trump and send me back to the Senate to save the Senate majority, etc.

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.

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Senator, obviously, you read in twenty eighteen the political environment has changed quite a bit. The issue of law and order is much more resonant. We heard that from the vice president. Is that going to be the top issue of your campaign going forward, just like we heard from the vice president and from a lot of other speakers tonight?

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It is absolutely a top issue. I just shared some other ones, though. You know, Arizonans are not for open borders, you know, the not for the government takeover of health care or socialism, but they want to support safety and security for our communities. They're not for defunding the police. They're not for taking away our Second Amendment rights. And this is really important for Arizonans. And so when this is a radical left agenda to have the mobs and the anarchists take over, that's out of step.

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And I think that's going to be deeply impactful when people make their decision, early voting and all the way to November 3rd. Would you like to see?

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It's probably unlikely to happen between now and the election, certainly. But would you like to see the Senate or the House take up another immigration package, one that deals with DOCA recipients, one that deals with dreamers, with young immigrants brought here illegally as children, that deals with work visas? What is your view of how this issue ought to be resolved?

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Well, Congress needs to solve it. You know, the executive branch is not the right place for this. I've been working on this for a very long time. I chaired the border security subcommittee in the House and in the Senate. We have to secure our border. Look, I think there is, you know, thoughtfulness about doing something for the DACA recipients, for those who came here of no fault of their own. But we have to close the loopholes as to why we're in this situation in the first place, because we'll be in the same place in another five, 10 years.

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As you see cartels and others trafficking and taking advantage of the loopholes in our laws. So I think, you know, thoughtfully, we should be able to come to agreement. Although, you know, President Trump offered DACA for border security and the Democrats walked away from it. So just like police reform, because I was leading on this issue, trying to really address solving our border security issue, closing these loopholes. But the Democrats don't want to solve it.

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They just want to play games with it in order to play. You know, somehow they think it will help them politically. I don't think anything's going to move between now and Election Day. But I really hope after President Trump gets re-elected, we've got to we got to revamp. I don't like the word reform revamp our legal immigration system, which we've been working with the White House on this for a while, to move it and modernize it for the 21st century.

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But would that revamp look like would it would it impact the number of immigrants or just sort of the way that that admission it works? Yeah.

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So, you know, I let on some proposals on this in the House. We've been working with Jared Kushner and his team and the White House. It's moving more towards a merit based system, not taking away American jobs. And especially at this time, we've got to get Americans back to work to be clear. But moving away from something that is primarily right now family based to something that's more merit based and removing the poorer country caps and just modernizing it for what our needs are without suppressing wages and taking jobs away from America.

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And so, you know, we've been working through these details with the White House. And I really think with President Trump in the White House, we can continue to secure our border, close the loopholes that the cartels take advantage of, stop the flow of drugs into our street, stop having people coming here illegally and have a modernized legal system.

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Your Senate race is one of the ones that is being closely watched, one of the hotly contested ones. It's not the only one, though, you have. Cory Gardner in Colorado, you have Susan Collins in Maine and Joni Ernst in Iowa, probably a few others that I'm missing off the top of my head. But what is your view on the state of play for the United States Senate as it stands now a few weeks before Election Day?

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Well, as Republicans, we are defending more seats this time around this year. But as things come into focus, which they are starting to do, and I think this convention compared to last week's doom and gloom, you know, sort of, you know, all what's wrong with America convention versus this week is about here every everyday heroes and hope and opportunity and the land of freedom and the American dream and how we're on the verge of the great American comeback as things come into focus for the small number of persuadable voters who still haven't made up their mind.

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I think the question is going to be what kind of America do you want to live in and who do you trust to get the economy going again? And who do you trust to keep your family safe? And the contrast couldn't be more clear. This is a tipping point election to protect our freedoms and our way of life and our futures for this generation and the next safety and security, public safety, border security, jobs and opportunities. We were just getting going before the Senate.

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Delicate. And also, who do you trust to take on China versus what the radical left is offering? So I truly believe in these states you just mentioned and a few others, Thom Tillis and others. We've got the right message. We've got the right policies. We're out there fighting every day to make sure people understand what the choices. And I believe we're going to hold on. The United States Senate majority.

[00:14:10]

Senator Martha McSally, a Republican from Arizona, appreciate the time. All right. Take care. God bless you guys. This is Cal Thomas with your Fox News commentary coming up from the Fox News podcasts network.

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In these ever changing times, you can rely on Fox News for hourly updates. For the very latest news and information on your time, listen and download now at Fox News podcast, Duncombe or wherever you get your favorite podcasts.

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A staggering toll of the coronavirus has overshadowed just about everything for months. But heading into the home stretch of a presidential election, each campaign is trying to convince voters they'd do a better job of bringing back the economy.

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They all said, Oh, we're not going to have a disease. Well, the way we're going, we're going to have a supervene.

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President Trump predicting a great year in twenty, twenty one. And this week's convention speakers are saying over and over again that he'll grow the economy again and that his Democratic challengers plan to build back won't be better. Some waving the economy into their other themes, like former U.S. Ambassador to the U.N. Nikki Haley.

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They want massive tax hikes on working families. Joe Biden and the socialist left would be a disaster for our economy.

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Biden says he'd raise taxes on people making more than 400000 dollars a year and that the president's policies have helped the rich and hurt the middle class. The president says Biden would end up hurting the middle class with four trillion dollars in tax hikes.

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Both Biden and Donald Trump are definitely underplaying and downplaying.

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Liz Claman is host of the Claman Countdown on Fox Business. Right now, it's every candidate out for themselves. And any kind of narrative that you can skew against your opponent is going to be the path that both of these people take. I would simply say that Joe Biden has been very clear. He says it is time to raise taxes on big corporations who got a very generous tax cut. And he did mention the four hundred thousand dollar threshold. If you make more than that, you probably would see your taxes go up.

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President Trump has been in tax cut mode, which is certainly something that, you know, who doesn't want their taxes cut. However, we're looking at a ballooning deficit. We are looking at a strange Dickensian moment here, tale of Two Cities. We have such an incredible rebound in certain areas such as the stock market, but we still have so many people unemployed, sixteen point three million total unemployed.

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And that's just the ones that are gauged by unemployment or jobless benefits. And there are a lot of people suffering. People will be evicted soon. People are asking for forbearance on their mortgages and who knows, are we going to start to see mass foreclosures of people are jobless and can't pay their mortgage? So I think it's a little bit on both sides here where they're in fantasyland.

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Well, and there's still a debate three years later over how much President Trump's tax cuts have actually helped the economy and who they helped. So what about the Biden argument that the president inherited a good economy or at least a good foundation, and that this president has mainly helped big corporations and the wealthy with his cuts?

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That's why we here just to cut through the nonsense, No one under President Obama who inherited the worst economy of our generation, the stock market jumped triple digit percentage of the economy recovered, took a very long time, obviously eight, nine full years. And he was able to hand a much more, I guess, a lighter baton to President Trump, who took that baton and continued to run just as quickly with it, if not faster. So he built upon what President Obama handed him.

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And then we started to see record after record for the stock market. We saw major job creation, which is definitely welcome. What we did see when the pandemic hit, which was not President Trump's fault, not the Democrats fault, not anybody in this country's fault.

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Certainly what we did see was sort of the revealing of a very upsetting underbelly, and that is that people didn't have any savings. In fact, many people were working two or three jobs and there were lots of jobs to be had. But were they good paying jobs? Because after two, three weeks, people were on the unemployment line, they couldn't hold out on their savings. So I think that we really need to be looking very closely at what's happening now.

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I don't really care what happened last year, three years ago, eight years ago. The here and now is really what matters. And people are suffering, although there are many who are starting to see a comeback. And that is definitely an improvement. But honestly, we're looking at a housing boom. We're looking at an auto sales boom. We're looking at an outdoor equipment. Boom, dicks dicks is just unbelievable. They beat online sales, jumped 194 percent, we've got a stock market boom, but we've got a forbearance boom as well.

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People are having a lot of trouble paying their mortgages. People are having a lot of trouble paying their bills.

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I want to circle back to something you said, though, about the underbelly kind of being exposed when the pandemic hit and people not having savings. I mean, does that kind of feed into the argument that what the president did to kind of fuel the overall economy didn't maybe help the middle class that much?

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Well, I deal in numbers and looks like it, it looks like people got jobs, but the quality in the payment of jobs was not great. Now, is that the president's fault? You know, he doesn't go into corporations and say you need to pay people more. The issue becomes what happened over the past 20 years, where it's not enough for most Americans to have a single job where they can own a home, maybe have two cars, one or two, three children, and a nice life without worrying every five seconds about what's going to happen.

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Wages have remained stagnant over the past two decades, and yet the cost of living has gone up. The cost of health care has gone up. So everything's gotten more expensive. Don't tell me there's no inflation, tuition is crazy. I have a high school senior who just started college as a freshman. I cannot believe what tuition is. And she calls me and says, Mom, the food's horrible. What am I paying for here, if not the food and the professors?

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You know, listen, every kid complains about the food of college. But honestly, this is a much bigger issue. And you've got to wonder what's really at the heart of that going back to both Republican and Democratic leadership.

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Yeah, and I know one of the main arguments for people like White House economic adviser Larry Kudlow is that under this president, wages did grow more. But then the Democrats would say, well, they're still not growing nearly enough. Critics of Biden's plans, though, say that they would hurt the middle class, not just pinched the rich. Is that a valid argument? Here's a valid argument in the most recent labor report for the month of July, we got average hourly earnings jumping four point eight percent year over year.

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That's a great sign. But to what? So, again, this goes over and spans way more than just a four year term or an eight year term. So I begin to wonder, what is the answer? I'm not an economist, but economists don't have the answers because we know we have enough economists who are employed right now in this country. But you have to wonder, with the debt clock and the fact that the tax cuts have done nothing to, quote, pay for themselves, which is what Larry Kudlow and Stephen mentioned, the Treasury secretary promised.

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We need to know just exactly what the answer is when it comes to stimulus relief. And again, that only adds to the debt. And I'm not sure I'm answering your question, but that's because I can't. I wish I could.

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One thing that seems to have helped the economy for sure, as the president's focus on cutting regulations, I mean, percent so that companies like that. Right. And if that helps them, then they can hire more theoretically.

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Mm hmm. That is a very supportive move, cutting regulations in industries where you're not dealing with the public or worker safety. I am so all for that, because all they've done is choke capitalism to the point where people have either given up on starting a business. Not everybody. I mean, we've seen a lot of great businesses started from garages and kitchens. I just interviewed the CEO of the Real Real. She started that luxury resale site, which is massive now from her kitchen table.

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So you can't tell me that there isn't an American spirit of entrepreneurial ism, but then people get into the business and they're so overwhelmed by regulation, they're either chased away from it farmers to chased away from it or they just can't grow. And it's really stymied the situation. So that is an A plus when it comes to what President Trump has done. You know, another question becomes, though, when is cutting regulation too much? And, you know, I have a problem with cutting regulations when it comes to the environment.

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We don't want more chemicals in our water and our air unless you enjoy breathing chemicals and water. That's not a great idea. But everything else. Let's go. I've interviewed enough people who lost their businesses because of too much regulation.

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Are you hearing from companies concerned that under a potential Biden administration, regulations would start piling back on again and make things more difficult?

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No, not yet. But what the Democrats tend to do is they're on the side of workers to the point where it's almost impossible for employers and companies to fire people. No, you've got to be able to fire people. I lived in France for a year.

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I went to school in Paris.

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Those companies cannot, for the life of them, fire people because the government prevents it. I'm not for firing who is, but when there is just cause and you are completely hogtied and cannot run a company the way you feel that you want to or have to know, layoffs are a very real thing right now with the airline industry.

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They got twenty five billion dollar bailout from government, which was certainly helpful because you got a figure. We need our airlines here in the U.S. But the president put in a clause and Congress put in a clause, fine, we'll give you the money, but you can't lay off people. I get that. That's fine. Great. But in regular times, you've got to be able to run your business the way you see fit.

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So the Democrats tend to regulate on that level, but I have no idea if that's what a Biden Harris ticket would do.

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How is and I know this is a really broad question and you've touched on some of it already, but how is the economy doing right now? Do we have a sense yet whether the recent surge in covid cases in many states stalled or at least slowed the pandemic recovery? How big of a hit have we taken with that?

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We took a massive hit, an epic hit, a Depression era hit. Are we through it? Well, if you look at the stock market, oh, my gosh, we are at record.

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Never before seen highs day after day. I know, because I do the final hour of trade on the Claman countdown every single day. I'm saying, oh, another S&P record. Another Nasdaq record. So is that a V shaped recovery? Oh, yes. Are we seeing an outdoor, as I said, an outdoor equipment or sporting goods recovery?

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Yes, home sales are going through the roof as people decide they want to live in urban areas. They need to buy homes and have more space. Will that continue? I don't know. Once we have a vaccine, maybe people want to go back and live in to in the cities. But is it a sugar high?

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Now, what's driving the sugar high? Free money from the Fed? Very cheap, cheap borrowing rates.

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Now, there's nothing wrong with that during a crisis. But we had them all the way through the so-called booming end of Obama, beginning of Trump. Eras and the time to have low borrowing rates is now, not back then, and I worry about that. I think the Federal Reserve is creating a bubble. They probably have little to no choice. But what's the plan after that?

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Liz Claiborne, thanks for keeping us up to speed on the Claman countdown on Fox Business. Also, the everyone talks to Liz Claman podcast. And thanks for your time here On the Rundown. My pleasure. Let's hang in there.

[00:28:05]

It's the latest from Fox News podcasts, the campaign with Bret there with updates from reporters on the trail and in studio experts keeps you informed on the 2020 race. Go to Fox News podcast Dotcom and download the campaign with BRADBOURN Now. Read and review the Fox News rundown on NPR podcasts or wherever you listen. It's time for your Fox News commentary. Cal Thomas, what's on your mind?

[00:28:31]

If you watch last week's virtual Democratic convention, you heard about an America with which you might not be familiar. Speaker after speaker portrayed America as a failing nation full of misery, poverty and angst that only they can make better. If they could, why didn't they when they were in power? On his radio program last week, Rush Limbaugh reminded listeners what the fight for the future of America is about. He played an excerpt from Donald Trump's inaugural address on January 20, 2017.

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Quote, The establishment protected itself, but not the citizens of our country. Their victories have not been your victories. Their triumphs have not been your triumphs. And while they celebrated in our nation's capital, there was little to celebrate for struggling families all across our land, unquote. Trump brought back those who had been struggling under the slow growth Obama Biden administration. Had it not been for the virus which is being dealt with, Trump would be way ahead in the polls thanks to record employment across all demographics.

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And still, the economy is making a comeback. Check the rising stock market, which has hit record highs. That is good news for retirees with mutual funds and other investment accounts. Contrast Trump's address with the gloom and doom projected by Joe Biden and his supporters in his professionally produced speech last Thursday night. Quote, Here and now. I give you my word, said Biden. If you entrust me with the presidency, I will draw on the best of us, not the worst.

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I'll be an ally of the light, not the darkness. It's time for us, for we, the people to come together and make no mistake, united we can and will overcome this season of darkness in America. When he was Vice President, Biden and President Barack Obama had a chance to get out in front of the pandemic, which they now blame on Trump. Instead, they did nothing to replenish the stockpile of masks and other needed protective equipment.

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As the USA Today story put it, quote, According to NIH, the stockpiles resources were also used during Hurricanes Alex, Irene, Isaac and Sandy. Flooding in 2010 in North Dakota also called for stockpile funds to be deployed. The twenty fourteen outbreaks of the Ebola virus and botulism, as well as the twenty sixteen outbreak of the Zika virus, continued significantly to tax the stockpile with no serious effort from the Obama administration to replenish the fund, unquote. They can't say they weren't warned.

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On November 1st, 2005, President George W. Bush delivered a speech at the National Institutes of Health. He said, quote, Scientists and doctors cannot tell us where or when the next pandemic will strike or how severe it will be. But most agree at some point we are likely to face another pandemic, unquote. While this week's Republican National Convention can and should counter the anti Trump claims by Democrats, the event should mostly focus on optimism. The country the Democrats describe is not the real America.

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We've come through far greater challenges in the past because of the optimism and tenacity of our people. Ronald Reagan used to say America's best days were ahead. Republicans should say if the Biden, Harris, Sanders or Cosio Cortez gang assumes power, they will transform America into the darkness they now falsely claim envelops us. If they win, their pessimistic rhetoric will become all too real. I'm Cal Thomas.

[00:32:00]

You've been listening to the Fox News rundown and stay up to date by subscribing to this podcast and Fox News podcasts dot com and for up to the minute news, go to Fox News dot com. From the Fox News podcasts network, subscribe and listen to the Trey Gowdy podcast, former federal prosecutor and four term US congressman from South Carolina brings you a one of a kind podcast. Subscribe and listen now by going to Fox News podcasts, dotcom.