maria: welcome back. good friday morning, everybody. thanks very much for joining us

this morningism maria bartiromo. i hop you're having a good friday morning. happy weekend. it's friday, may 17, 7:00 a.m. on the east coast. time for the hot topic of the hour. former president trump so called hush money trial is entering its final stretch as the defense prepares to resume cross examination of ex-lawyer michael cohen on monday. lydia hu with more. >> reporter: the cross examination highlighted cohen's history of lying and made the discussion that michael cohen continued his lies on the stand before the jury yesterday. defense attorney todd blanche cross-examined michael cohen about a brief phone call that took place in late october of 2016. cohen testified that he called keith schiller, trump's body guard, and trump about stormy daniels, telling them the non-s didisclosure agreement was done. blanche used text messages to

suggest cohen received a harassing series of phone calls and called schiller to discuss the harassment. here's the exchange. blanche, question, that was a lie, you were actually talking to mr. schiller about the fact that you were getting harassing phone calls from the a 14-year-old, correct? answer, part of it was the 14-year-old but i know that keith was with mr. trump at the time and there was potentially more than just this. another exchange. question. that was a lie, you did not talk to the president, to president trump on that night. you talked to keith schiller about what we just wept through, you can admit it. answer, no, sir, i can't. i'm not certain that this is accurate. now, some of the more forceful accounts undermining cohen's credibility came from outside the courtroom from attorney bob costello. costello advised cohen and he said cohen claimed tr trump had

nothing to do with the stormy daniels nondisclosure agreement. >> it was his idea to take care of the nd. because he was contacted by a lawyer from stormy daniels who said she was going to claim donald trump had sex with her. cohen said i didn't believe the allegation, but it would be embarrassing to melania. >> reporter: cross examination is expected to wrap up on monday. the defense could possibly call their own witnesses. we might see if it that could include bobs costello. maria: what a turn of events. even the left media admitted that michael cohen's testimony in the hush money trial is just not believable. watch this. >> michael cohen was cornered in what appeared to be a lie, i think to many in the room, and had to adjust suddenly his memory that he had just testified to on tuesday.

having just witnessed that piece of cross examination, do you have doubts that that conversation happened the way michael cohen testified? >> absolutely. >> the punches are building. i think cumulatively there were bruises and today there's blood. these are moments the jury will remember and they are instilling or adding possible doubts about michael cohen's long-term credibility. >> the absence of evidence and particularly the absence of critical phone calls at least recordings of them could help the defense when they argue that you can't trust mr. cohen p. >> with this as a star witness, would you have brought this case? >> probably not. maria: what a star witness. a convicted liar. krysia, your thoughts. >> if the left wing media is saying this, it's incredibly obvious the prosecution's case is completely falling apart here. michael cohen, he's so unlikable but if you're an attorney here,

again, there is no evidence. they still haven't proven the crime. and michael cohen goes on the stand, is lying, jurors are shaking their head. i mean, you have two jurors who are attorneys. i can't even imagine what they are thinking with respect to he professional responsibility. taping your client. that's a big no-no, whether or not it's legal. just from that perspective alone. i can't imagine what the jurors are being instructed because michael cohen is clearly lying. he's a p p p perjerer. the prosecution is so high and mighty. they're incredibly conflicted to think he's the one that's going to take down donald trump. maria: how dumb of him to say he spoke to trump when knows he didn't speak with trump and the lawyer has to point out it's a lie, you spoke with the body

guard. it was right there, black and white. >> unfortunately, there's no audio recording of the call so they had the call record. so if you have the call log, so if the body guard picks it up, did he or did he not hand it to donald trump? no one knows that, right? but at the same time, what i thought was interesting about the coverage on the left wing media networks that i watched was that after they would say, well, michael cohen, okay, not so credible, shocker, then they would say what about allen wiseelberg, maybe we can get him out of prison. he already cut a deal with alvin bragg. and he's in jail. he's in rikers for another five months. so if you want to maybe go to allen wisenberg. bragg might be desperate. i think the weekend, we'll see a lot of changes. the other thing that's interesting that bob costello brought up yesterday, he said i was told that all of the proof and the evidence and things i took to alvin bragg's office, the da's office for the grand jury portion of this to get to

the 34 indictments, i was told a lot of that was hearsay. but he had e-mails. he had records. so -- and was that attorney/client nda he was released in that, costello can -- so we're not -- michael cohen's a lawyer. we've got costello, they're not going to believe that lawyer. i think alvin bragg is sees brett and -- desperate and i think really showing. maria: mitch. >> michael cohen's a professional liar. he was lying about lying. and i think that the jury's going to see that. the other thing, to cheryl's point, there's a ton of exculpatory evidence that costello provided to bragg's office that may not have been provided to the grand jury corks the grand jury may have been selectively cherry-picked evidence that was used by bragg to get the indictment in the first place. and a lot of the legal experts on this network and even other places have pointed out the fact that this case may be flawed just in terms of the efficacy of

indictment. the problem is, it's going to be in the hands of the instructions that the judge gives and it's going to be in the hands of the jury and what we're seeing, who knows if that's what the jury's seeing as well. maria: we're just getting started this hour. we'll take a break and talk about more fed speakers signaling rates should stay higher for longer. that's where we are. the word on wall street panel is here with expectations coming up. you're watching "mornings with maria" live on fox business. stay with us. ♪

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letter editor dennis gartman. also with us is mitch roschelle this morning. dennis, thank you for joining the conversation this morning. we're looking at a market that is pulling back after the dow briefly topped 40,000 yesterday, first time going above 40,000, although when it hit 40,000 it quickly came down and markets ended lower yesterday. look at future this morning, strength in thes nasdaq but weaknessless where, looking a the 10 year treasury yield this morning after five fed officials spoke yesterday signaling they're in no rush to cut interest rates, the yield on the 10 year up 2 and a third basis points, 4.39%, cleveland fed president said this, incoming economic information indicates it will take longer to gain that confidence, holding our restrictive stance for longer is prudent at this point as we gain clarity about the path of inflation. there was new york fed president john williams agreeing, saying i don't expect to get the greater confidence we need to see on inflation progress towards a 2% goal in the near term. so dennis, walk us through all

of this, what does this mean for markets and rates this year? >> first of all, it means that the fed is not going to ease monetary policy for quite some period of time going forward. earlier this year we were talking about five and six, maybe seven cuts in the overnight fed funds rate. i argued at the time saying maybe one or two would be possible and that would be late in the year. now i'll tell you that the odds of getting one are getting slimmer and shr slimmer as the r goes by. it's interesting, the women who are voters on the fomc have been the most bearish and we're talking about high for longer, not higher for longer. i think the overnight fed funds rate stays where it is but yields at the back end of the yield curve probably go higher so the yield curve may start to go back to a positive slope. over time. so the rates at the shortend of the curve are likely to hold steady at 5, 5 and-a-half, the fed is not going to ease monetary policy except maybe in november. if they do it then, it will be

one day after the election. so we're high for longer, not higher for longer, an i think is deleterious to share prices on balance. maria: goldman sachs is refining their position. yesterday goldman told clients to expect a cut in july and another cut in november, taking their rate scenario down from three cuts this year to now two cuts this year. we'll see if that materializes in july, so close to the election. but we've got a lot of economic day a take this week that -- data this week that obviously indicated a slow start for the economy in the second quarter, wednesday's weaker than expected retail sales indicating how consumers h high borrowing costs are limiting spending. builders breaking ground on fewer homes and factory floors are sluggish with a decline in output. look at all of this economic data and what does it tell you? >> i think we're looking at a slowing of the economy in the second half of the year.

to dennis' point, does that necessitate a rate cut? perhaps in july? that would be a knee jerk reaction to a really disappointing second quarter gdp number, if that's the case. but the reality is, i look at -- i said earlier, i look at the walmart earnings story. the walmart earnings story was a boone because everybody's running to walmart, running away from higher priced retail goods. they're food shopping at walmart, food shopping at costco because the regular supermarket is too expensive and we've got $1.7 trillion of consumer credit so the consumer that's been driving our economy has been doing it on their credit card with a 20 plus percent interest rate. i don't think any of this bodes well for continued economic growth during the year and i think the bad economic news story is really going to hit right when we're in the throes of the election and it's going to be very hard for the fed to

step in and not look like they're interfereing with the outcome of the election. maria: we'll see. look, kenny pollcarry writes i know breaking 40,000 for the dow or 17,000 for the nasdaq is exciting but it's more psychological than anything more. writes. and he says what i take away is that the uh dow and s&p are short-term overbought. mitch, what do you think? you've got an economy that is slowing. you've got worries about consumers going on using their credit cards, tapping into 401-ks just to pay for the essentials because inflation is still elevated and you've got the dow industrials piercing 40,000 yesterday. >> i agree with kenny. i don't know what he put in for his recipe for the weekend. i'm going of have to look at a his note. but the reality is, i think if we realize this consumer drives the economy, i think the consumer's running out of gas and the price of that gas is getting more expensive.

so i don't have a very bullish look and the other thing to look at is what drove the market for most of the year was a handful of names and there were seven names that were driving the market. now we're down to four names. we've got nvidia's earnings coming out next week. if for some reason nvidia disappoints then we've lost the real engine for driving that market and we can see a major reversal in equities. maria: that's the big test, wednesday's nvidia report. that's certainly going to set the tone. would you go and stick your neck out and buy nvidia before the numbers come out on wednesday? >> i already own it. i don't know that i'd buy more. maria: okay. >> on a large, i stick my neck out and about game stop with my son this week. that was a big mistake. if you want to find the stock that's overbought, nvidia is one that's overbought. so it may be buy the news and

not buy the rumor. maria: by the way, you asked about ke kenny's recipe, it's chicken cut let milianese, he said it's a staple in the italian household. my mother always had chicken in the refrigerator. you never know who is coming over for dinner. the morning note, he gives you a little wall street, a little recipe to chew on. thank you for that, kenny. >> i live 20 minutes from kenny in florida. i threaten every friday to go to his house. maria: you better get over there for dinner. dennis, thank you for joining the conversation. we'll see you soon. your morning mover this morning is reddit, stock is up in the premarket, take a look, rallying 11 and-a-half percent after a partnership announced with artificial intelligence firm open a.i. it's expected to draw in more users, using a.i. enhanced experiences, potentially

bringing in more advertising revenue, reddit exploring new monetization channels including creator tools and licensing data to third parties. the company went public on the new york stock ebbing change in march, the stock is up 66% since the ipo price of $34 a share. quick break and then 16 democrats voting with republicans on a bill to force the u.s. and joe biden to send weapons to israel. my next guest is demanding a new special counsel investigate biden's decision to delay that aid new york congresswoman claudia tenney is here with a lot more on that. you're watching "mornings with maria" live on fox business. stay with us. ♪ i bought the team!

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maria: welcome back. the house passing the israeli -- israel security you assistance support act yesterday, this act blocks the biden administration from withholding weapons from israel, condemns the president's approach to the israel, hamas war. biden held back a shipment of weapons and threatened to cut off aid if israel lawn offed a full scale -- launched a full scale invasion of rafah. 16 democrats joined to pass the legislation.

the bill is now headed to the senate. senate majority of leader chuck schumer is refusing to take the bill up to the floor for debate, telling reporters it's not going anywhere because biden will veto it. joining us now, congresswoman claudia tenney. good to see you. thank you so much for being here this morning. i know you sent a letter to ag merrick garland earlier this week, demanding he appoint a special counsel to investigate president biden's decision to delay that shipment of weapons. tell us more about it. >> yes. well, maria, i think i heard your interview earlier with our great rep sense of testify mike garcia -- representative mike garcia who was a combat fighter pilot. the biden administration, once we pass a bill and the president signs it into law, you can't decide it's been appropriated and we're not going to send it over, because the president actually has to go back to congress and state the specific reasons why we're withholding aid and he didn't do that. he just unilaterally decided we're not going to ship this aid

and these bombs to israel and as mike garcia pointed out, the whole reason that the biden administration has been you a attacking and turning its back on israel, is they're claiming there were too many civilian casualties. as mike garcia pointed out we wanted to send smart bombs to minimize or eliminate civilian casualties so they could win the war against hamas in rafah, yod yetthe biden administration decd to unilaterally withhold the aid. i'm asking merrick garland why would you violate the law and give us the reasons and if we should put a special counsel in place that a the biden administration completely undermines our law, undermines the power of congress to appropriate and give this much needed to aid to israel and that simply was the next step and if chuck schumer doesn't want to take it up in the senate, let's put this on merrick garland, the

attorney general, to explain why they're doing this and expose the biden administration for their turn against israel, our best ally, the only active democracy in the middle east. maria: the israelis say they have to go into rafah because that's where the terrorists are, the hamas terrorists are holed up in rafah. you just said this much needed aid. tell me the impact. what was the impact of biden holding back those specific weapons from israel. >> you're sending thi the messe that we don't support you, israel, we're giving more aid and comfort to hamas to be able to continue growing their power, growing their ability to continue this terrorism and control over israel and they're a terrorist group, they're a designated terrorist group. why are we supporting them? we know we need to be behind israel to eliminate hamas. that is the mission. that was the original stated goal of the biden administration. why are they suddenly turning

around. you know it. everybody talks about it. it's because they see the vulnerability in the far left, really important part of their base in the democratic party, particularly swing states like michigan, for example, which biden narrowly won, rashida tlaib who has a very important district in michigan, could actually turn the election. and so they're catering to this car left anti-semitic, anti-israel base that is oh, by the way, answer american as we're seeing. -- anti-american as we're seeing. they're using the jewish people at a scapegoat. this leads to anti-americanism. the biden administration instead of stand standing up to the fart base would rather turn againsts israel. they are the v victims in the case. it's the israeli people and the jews around the world, especially what we're seeing on

college campuses. maria: it's incredible, the anti-semitism raging across the b country and all of this bad policy that we talk about ever day that's impacting everyday americans. meanwhile you've got trump sitting in a courtroom every day. tennessee congressman, andy ogels introducing a a new act, let trump speak act. it would prohibit judges from issuing gag orders on defendants in any criminal or civil proceeding except to prevent the disclosure of confidential information in discovery, protect privacy of minors or as part a of a plea deal. n appeals court rejecting trump's request to end the gag order. what's your reaction to the gag order? >> i'm a lawyer. our system of justice was set up to make sure that defendants had all their rights preserved in a court of law. how are we telling a defendant who can basically -- has free speech. the only person he would impact

or hurt would be himself. how can we have a gag order on the president of the united states who is a defendant in a sham trial. we all know this is a sham trial. there isn't any crime, any violation here. the court of appeals, i have no respect for. this was once the most venerable court. the chief justice who presided over the ridiculous re districting case is now taking cases off the appellate scale on this, the chief justice gave habeas corpus rights to an elephant at the bronx zoo. this is the level of the justice system. it's a joke in new york. i'm a member of the new york bar. latisha james should be disbarred and removed from office. alvin bragg should have been fired, disbarred by kathy hochul. she has the power to do that. it's something lee zeldin promised us if he were to be

elected because of his miscaring miscarriage of justice. there have been judges who have been removed for less, for the type of just inappropriate misconduct happening by this judge in this case and the other judge in the other case that's happening actually in the support in new york. this is a joke and should not be happening and should not be bringing down the actual respect of the bar association in new york. maria: yeah. and how come it's had this judge again? like all these trump related cases is this judge, right? steve bannon, one other. i mean, that in and of itself i'm questioning. but let me tell you a lot of republicans are questioning this upcoming election in terms of ensuring that we actually have a fair and transparent election. i know you have a bill, you are talking about your end zucker buck acts, it amends irs codes

to prohibit tax exempt organizations from directly or indirectly providing money to the administration of elections. congresswoman, tell us more about that and why this is important going into the november election. >> well, maria, i introduced the bill numerous times. we finally got it out of house ways and means committee. this bill prohibits 501c3s to act as a guise to get money into elections. mark zuckerberg used the center for tech and civic life, a not for profit to funnel money into the election of 2020 and election was decided by 44,000 votes in three swing states. that money not been there, molly homing way's book proves this election would have gone the other way or would have gone the other way and it was used us the guise of ppe.

once we found the information, 92% was given for election elecn boards to prime the pump in mostly democrat regions so we could see the swing states turn. we were able to promote this and 28 states i think led originally by the state of florida under ron desantis actually eliminated the ability to bring this 5013c type money to interfere with our elections. the biden administration acted in 2021. president biden did an executive order, incentivizing the massive federal bureaucracy, all federal agents are going to be vote harvesharvesting sites, drop box sites, they'll be doing what was done with the private money to try to prime the pump to try to get biden elected. there was the foundation for government accountability discovered that the biden

administration is actually meeting with some of these sketchy outside partisan groups to actually get illegal immigrants voting and all that other type of stuff of electioneering. that's what we have to watch out for this for this election. maria: there's a story in breitbart that peter schweizer size the biden border crisis could increase the number of illegal ballots cast in 2024 up to 2.7 billion, congresswoman. this is what people are talking about right now, going into the election, all these illegals and peter schweizer says of course the answer is that we're going to have 2.7 million additional votes from illegals. >> maria, we all have been speculating about this. you and i have talked about this. now we know. there is proof that the biden administration is working with these groups to try to manipulate the vote whether it's hhs, sba, all these different agencies are now going to be

looking into this and trying to get votes from illegal immigrants. maria: all right. we will look into it as well. >> it's there. maria: it's good to see you. thanks very much. claudia tenney joining us this morning. we'll be right back. ♪(voya)♪ there are some things that work better together. like your workplace benefits and retirement savings. voya helps you choose the right amounts without over or under investing. across all your benefits and savings options. so you can feel confident in your financial choices. they really know how to put two and two together. voya, well planned, well invested, well protected.

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maria: welcome back. a federal public health official admitting that american taxpayers fronted the cost of controversial covid research in china. we've been talking about this from day one. cheryl casone now with more info. cheryl. >> since the beginning, maria. a national institute of health principal deputy director testifying before congress yesterday, admitting u.s. taxpayers did fund gain of function research at the wuhan institute of virology. starting years before the covid-19 pandemic. this revelation coming after years of evasion by public

health officials on whether taxpayers were funding this controversial medical and biological research. last summer the u.s. department of health and human services banned the wuhan institute from receiving federal grants for the next decade. the doj has formally moved to reclassify marijuana as a less dangerous drug. cannabis will become a schedule three substance instead of schedule one which includes substances like lsd and heroin. drugs like ketamin are under a schedule three classification. this shift would not outright legalize recreational marijuana. medical use is allowed in 38 states and 24 states for recreational use. boeing supplier is cutting jobs as production of 737s is slowing down, 450 workers at the wichita, kansas facility will be notified in the next y fee week.

spirit arrow is under scrutiny over several incidents involving boeing aircraft, the biggest with a jet losing a door plug in mid-air, putting production and safety measures under severe scrutiny. there's spirit, that's the airline, spirit arrow is a different company. but the airlines, those are doing a little bit better. that's an upgrade from some of the analyst community, different story. but again -- mcdonald's. my next story. spirit arrows is a stock to watch. finally, let's get to mickey ds. they're rolling out a strange new menu item, the grandma mcflurry. all we know, it's going to have vanilla soft swerve, sweet syrup and crunchy candy pieces. they say it tastes like grandma's favorite treat me hid in her purse. they will donate some of the proceeds to little brothers,

friends of the elderly, which helps combat isolation and loneliness. it starts may 31st. limited time. there is mcdon at, fractionally higher. i like the charity angle. you don't want to taste whats was in my grandmother's purse. that's another story. maria: we want to move on to blue city issues, it's not good. a new york city man stabbed in the neck and in the back inside of a manhattan subway station early wednesday, police say the victim was arguing with the suspect who then fled the station. police looking for a suspect accused of randomming stabbing a 22-year-old woman on a queens subway last week, the attacker slashed her leg, ran off without saying a word. the new york post out with a new op-ed titled da alvin bragg lets new york city crime run rampant and he pursues empty case against trump. through all of this, wall street veteran marty doug doland is

challenging alexandria ocasio-cortez in the upcoming primary, she's blaming her for the rise in crime in new york. writes this, new york city experienced sky rock oathing crime thanks to aoc and the far left, our community should not suffer because of the far left's agenda. i will fight to fund the police, prosecute shoplifters and reverse bail reform. joining me is the man himself, newcongressional candidate marty doland. thank you for being here. give us the state of new york today. >> i think people are really upset. i think you've got your local drugstores closing. you can't walk down the street at night. if you have a kid can, let's say a teenager, they're working somewhere, you've got to pick them up at night because you've got crime -- it feels like it's everywhere. and the good news, the only good news is, on june 25th you can actually do something about it. so it's very rare that you have a chance as a citizen to do something directly to affect your community. and that's we have the primary coming up. maria: do you think that it's

aoc that is pushing for this wide open border and how many illegals would you say are in new york today as a result of the open border? >> i think if you go along roosevelt avenue you would be shocked and i've seen pictures of roosevelt avenue 10 years ago and today and a it's like the third world came to new york and this should never have happened and you shouldn't have a disconnect between your representative of the district basically supporting a policy which is open borders, come here, and in a district where -- i was at a veterans lunch in tht week. veterans get $1,000 a month. isn't great. the immigrants are getting $3,000 a month and committing crime and making it tough for everybody in the community. it's completely wrong. maria: mayor adams the other day claims that illegal migrants are excellent swimmers and that they should be lifeguards.

i mean, what's going on in new york? what a comment. why are they excellent swimmers? because they swam the rio grande. >> i think he would have to learn how to same that in italian. he spent most of his time in rome last week. here's the problem with new york. you called me a wall street veteran. the problem with new york is every dollar you spend turns into 75-cents of services for the public because the budget is just completely unworkable because of long-dated liabilities. that might sound complicated. think of it this way, every dollar you spend in taxes you get 75-cents worth. that's why the schools don't work, that's why the police department doesn't work, that's why the fire department is struggling. everything is struggling. it's like there's financial cancer throughout every budget in new york because you're getting tax dollars and you're getting 75-cents and on top of that, it was representative aoc's brilliant idea, by the way, she won't debate me on this. she'll debate with bernie sanders on this but she's refused to at the debate me which is ironic.

you're spending a dollar, you get 75-cents worth of services and that's the core issue that nobody is getting at and in her case she's making it worse by bringing the immigrants into her district. maria: you would think this would be easy. i believe it was john shell, the head of the nypd patrol who sold us it's about 175,000 illegals in new york that have come from the wide open border and that's one issue that you're dealing with. you would think that would be easy for new yorkers to say look, we want a different policy. our kids are getting overwhelmed. we've got migrant crime. let your problem, marty, is the fact that new york is largely liberal. you look at the bill de blasio election a couple years ago and the electorate that came out to vote was so small that he won, so how are you going to win in new york? >> i think you've got to give the voters a little more credit than that, which is in the district, in the lower part of the bronx and the northern part of queens, the situation is

they're fed up with aoc. we hear it every day. they have a very colorful vocabulary that they use when i talk to them and they see what's going on. they look at her like they've had enough. i think the best analogy is, it's like a franchise quarterback where you come in, get rookie deal, everyone wants to see how it goes. after five years you can see the results. the results are terrible. maria: yeah. okay. and i want to ask you about squatters but first it all sort of came undone yesterday on the floor of the house when a fight broke out. i want you to hear how aoc handled it. your political opponent. watch. >> i'd like to note that many of the democrats on the committee are employing judge merchan's daughter. >> what does that have to do with merrick garland. >> do you know what we're here for. >> i think your fake eye lashes are messing up -- >> that is absolutely unacceptable.

how dare you attack the physical appearance of another person. >> are i feelings hurt. >> baby girl, don't even play. >> baby girl? maria: what do you think is going on there? >> this is just what we need in the house of representatives, right? this is supposed to be the legislative body of the united states. so when you said i thought you talked about the squatters, so i think it's time to evict the squad. not the squatters. we should also he evict the squatters. maria: well, the squatter situation is another issue because the squad apparently feels that squatters have rights. you go in someone's home, you live there for 30 days, you have rights. a queens squatter who forminged a lease to take over -- forged a lease to take over a home is facing over 15 years behind bars. the new york city council considering a bill which would make all squatting data public information and criminalize

free-loading. marty, what would you do? i want to hear about your policy, marty. you're taking on aoc and she's been incredibly effective, whether you like her or not. how are you going to take over her seat? >> so, she has not been incredibly effective in the bronx and in queens. maria: she's effective for joe biden. she is basically running the a agenda, looks to me. >> okay. so in the bronx and queens you've bought 180,000 democratic voters who are going oppine on aoc on june 25th. that's what we have to look at. there's a fordham law professor who came out with a lawsuit saying during the covid period there was -- they weren't given their rights to not be evicted during covid. this is in aoc's district, this is someone who does no constituent service at all, doesn't stand up for her people. we're not going to win this election in utah. we're not going to win it in jersey city. what i'm saying is that it comes

down to what happens with the 180,000 democratic primary voters in six week so go we want this nightmare to be of over, it's up to the people in the bronx and queens to do something about it. maria: marty, look, real quick, before you go, we want to hear your policies. okay. it's a lot of noise that i'm hearing. attacking your opponents, fine. what are your policies to get new york back in a strong position? i'm giving you the platform. what's your policy, marty? let's hear it. >> we came out with something called the hamilton plan, version 2.0. alex an disser hamilton after the war, he took over the state's debts and created the united states. what you have is you have a situation now where the states and the cities and counties are operating too end patiently of the federal government. what we need to do is have much greater harmony between the federal government, the state governments, the county governments and the city governments. what you have is you have a cost structure in new york city that is 25 to 30% full of pensions.

it's full of bloated expense. and we need to work with the federal government to fix that. you need to restructure the tax code of the united states to switch to a more european system where consumption is taxed which is a value-added tax and income is taxed at a lower rate. this is a very republican philosophy. but it's working in 150 countries around the world. for some reason, un united stats thinks we should tax income and encourage consumption. maria: you're going to have to come up with a list of how you're actually going to change people's lives, one, two, three, policies, i want to know how things will be better under marty doland. we're watching. we appreciate your time this morning. >> thank you. maria: thank you. marty doland. we'll be right back.

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track behind me in the hopes of winning $1 million, i was able to hit the track with one of those drivers, zane smith took me for a spin at times hitting 100 miles per hour as we chatted about the importance of being on this historic track. >> it's so cool. what people don't realize, when tthey hear about this, there wee trees growing out of this place a few years ago. it's so long before my time being in the sport so being able to kind of say i r raced here ae new version of it, how they revived this place is just so dang cool. >> reporter: so maria, this is an incredibly historic track. this was part of the first ever official cup series in 1949. years later, it closed and a sat

empty for 26 years. and it was in total disarray until the owners stepped back in, they did a resto mod, restoration modernization and that really came back 10 of-fold. last year was the first race. they did an economic impact survey. $42 million in economic impact fors the state of north carolina. they're expecting the same, if not more this year, people coming in from 48 different states and as far away as a australia to see this race. but you don't need to come from australia to see it in person. you can catch it on tv on sunday, 8:00 p.m. on fs1. you know, maria, being here at the track, walking around also being physically on the track, you feel the history. it's going to be an electric weekend not just for those here but also those watching at home. maria: thank you so much, madison, madison alworth. tune into fox sports for the big race this weekend. and we'll be right back. daughter: hey, dad. dad: hey, sweetheart. daughter: what are you doing? dad: i'm gonna clean the fence. daughter: it's a lot of fence. dad: you wanna help me?

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