they are making three to four times they did last year. what are they doing with those excess wind fall profits? lowering gasoline prices? no, they are doing stock buybacks. they ought to pay a tax on it and i think there should be rebates to consumers. let s turn to foreign policy. this is keep the tape and see who we will. the issue of ukraine. you were both just in ukraine together, actually, in june. you are now pushing to designate russia as a state sponsor of terrorism. the biden administration does not like that idea. they think it would rupture ties between the western alliance and russia even more than it is now. do you want the senate to pass a bill to force the president to do it anyway? jump ball. here s what i think, and i think we are very much in agreement on this point. and i think it is a mark. our bipartisan work together that we are so much in agreement, and that the congress
and i think there ought to be rebates to consumers from those excess profits. let s turn to foreign policy. this is an area where you agree. let s keep the tape. we will. on the issue of ukraine. you were just in ukraine together, actually, in june, and you are now pushing to designate russia as a state sponsor of terrorism. the biden administration does not like that idea. they think it would rupture ties between the western alliance and russia even more than it is now. do you want the senate to pass a bill to force the president to do it anyway? jump ball. here s what i think. and i think we are very much in agreement on this point, and i think it is a mark of our bipartisan work together that we are so much in agreement and that the congress has spoken unanimously, one voice, so far the senate at least. i think the administration should preempt the referendum, this sham referendum, that
depends, you know, this is going to be a battle for the senate. the house is likely gone based upon historical trends and the president s approval numbers. the senate is the ball game and that s a jump ball and honestly, last couple of weeks has gotten better for democrats, where will we be in the fall? an eternity until then. david: getting back to the first question, don t american people, voters care more about the issues that they face every day. absolutely. david: rather than so-called w s inside the beltway? they care about inflation, they care about crime, they care about the border, at least the last two issues probably aren t going to change much before the election. absolutely. and they re going to go to grocery store and filling up with gas and that s what they re noticing, not the inside budget reconciliation games in washington. that s what s going to make the difference this fall and in this midterm. david: of course, republicans haven t necessarily helped themselves
sounding much more positive, and repeating a debunked claim. i can understand by the american people are frustrated because of inflation. but inflation is higher than almost every other country, prices at the pump are higher, and we are in a better position to deal with this, but we have a way to go. dagen: a look at inflation rates shows that the president has no idea what he s talking about. it s the second time around and it still isn t true. as of april, look at the u.k., look at all these other nations. still america leading the industrialized world. the developed world and inflation. david asman is here to talk about all of it. fox business anchor, it s a jump ball. biden, russia, russia, russia. jay powell asks like, i don t know how we got this inflation! dagen: i put today these
lawmakers? well, john, congress has always been a little skeptical about this, because doing this, it sort of robs the revenue that is used for things like highway maintenance and that sort of thing and also concerns from the administration, that a gas tax holiday isn t targeted enough to even sort of help fuel inflation, so it is kind of a jump ball, but what biden is essentially trying to decide, as you heard in that piece, is whether to call on congress to enact some sort of holiday. there remains to be seen, a, whether he will do that and b, whether they will take him up on the call. and of course gas prices remain for many americans where they re feeling the pinch most, where inflation hit, sitting right now through the course of the summer, and he is certainly looking in the cupboards trying to figure out whatever they can do on it. so not a quick fix. he didn t really have the power to do it unilaterally. and the appetite in congress is a little mixed. and his administration s