On Tonight's Kudlow Report

This evening at 7pm ET:

MARKETS .. CHINA INFLATION .. CORPORATE BOND SPREADS .. U.S. HOUSEHOLD WEALTH .. TRADE DEFICIT

On board:

- Peter Navarro, "The Coming China Wars" Author; UC/Irvine Business Professor
- David Goldman, Senior Editor First Things Magazine

CORKER/DODD & FINANCIAL REGULATION
CNBC chief Washington correspondent John Harwood reports from Washington.

Senate Republican leader, Mitch McConnell of Kentucky, will be aboard to discuss financial regulation as well as the growing controversy surrounding high government pay.

OBAMA PUSHES TRADE INITIATIVE
NBC's Steve Handelsman reports from Washington.

OBAMA'S TRADE INITIATIVE - WILL THIS HELP OR HURT SMALL BIZ?
- Sallie James, CATO Trade Policy Analyst

DEBT THREAT: CALIFORNIA EDUCATION

CNBC's Jane Wells reports from Los Angeles.

The Wall Street Journal's Steve Moore will weigh in with his perspective.

Please join us. The Kudlow Report. 7pm ET. CNBC.