>> you can't basically just tax your way out of debt. you can't borrow your way out of debt and you can't cut your way out of debt. neil: joe manchin, you'll be hearing more from him in just a bit. this, of course, is coming as the president is going into details on tax hikes as part of his 2024 budget. lucas tomlinson at the white house, what we could be getting and expecting, lucas. >> neil, the national debt right now is over $31 trillion. there is a lot of concern about the interest payments, with the interest rates going up on $31

trillion could soon approach the size of the defense budget. let that sink in, neil. president biden is calling for more taxes on the rich. he speak recently in virginia beach. >> i want to make it clear, i'm going to raise some taxes. any of you who are billionaires out there, you're going to stop paying 3%. not a joke. >> biden met with kevin mccarthy just once since he became speaker and with a debt of over $31 trillion, many republicans are concerned about potential cuts in national against, a time when the biden administration is arming ukrainian forces with billions in american weapons and with the threat from china increasing. the 2022 and 2023 defense budgets are 3% when the kennedy administration was spending 9% of u.s. gdp on defense, building up the arsenal which

the pentagon says is aging and is needed upgrades to the tunes of billions ever dollars. >> and jfk cut taxes and shortly after his death. that was then. lucas thank you very much. i raised this issue with joe manchin, as i said the west virginia democrat. i saw democrat for now. he's been very, very critical of this idea that we have to keep going back to the same old democratic raise taxes, but the debt nightmare back and forth between both parties, he doesn't think we're coming to default. >> i don't think that will happen. i think we all come to our senses. we're going to pay our debts for the sins of our past, but to say we're not going to discuss is, neil is not rational. to say how can we accumulate so much debt in 10 years faster

than any time in our country and our debt to gdp is greater than it was after world war ii. we saw what we saved from fascism, won the world war if ul, liberated europe and did the things that you say, well, that was well, well invested, if you will. that's hard to say that today and that's the concern we have. we've got to get this under control. neil: well, it's not under control to your point. republicans want to tie spending concessions with any negotiations on raising that debt limit. are you in agreement? >> i'm not in agreement with basically holding the ceiling, debt ceiling and paying our debts of the past hostage. i don't think that accomplishes anything. can't we at least have a piece of legislation that we agree on and we're going to sit down in a bipartisan, bicameral way. how did we get so much debt, 3.3 trillion in to 14.

and now we're at 6.2, 80% increase. discretionary and nondiscretionary, can't we look at what we've accumulated, because of covid and democrat and republican administrations because of covid, but now covid is over. can we basically go back to normal? we are going to have reductions here. do we have any savings? you don't have to scare the bejesus out of people. somebody wants to cut medicare and medicaid. and how dand the president's infrastructure plan, did that add to the agony? >> the bipartisan infrastructure bill is something we all did, and i think you're going to see an awful lot of money being invested back and basic energy and economy that's going to be generated from that, they say the inflation or the inflation reduction act, neil, that was

energy security ab and we've got more coming into the united states, if that's a bad deal, why are so many european countries and so many people in europe and the european government so upset and concerned about losing the investments in their country because it's more attractive. in america, we're doing things basically systeming the economy and should bring more to it, but spending, sending checks out and spending money for the sake of spending it has proven to be lethal to us right now. neil: you know, the president indicated yesterday, senator, coating here, i want to be clear, i'm going to raise some taxes. he didn't jut line what taxes he's going to raise. you limited those he wanted to increase a couple of years ago. where are you on that and what do you think he's talking about? >> i don't know. i'll probably hear something today. hopefully, what direction they want to go, but i can assure you, you can't basically just tax your way out of debt. you can't borrow your way out of debt and you can't cut your way out of debt. you can do a combination of all of those to a certain extent

and manage your debt. we're not managing debt. there's not a person watching or listening right now that doesn't manage their financial situation and be successful. there's not a family sitting down that doesn't sit down -- we've had record spending, 21 years in a row, more than what we've taken in. when you're running a deficit 21 years in a row and nothing has happened and we've accumulated debt and looking at now, 2050 is used as a benchmark, 2050 is a benchmark on many things that people are striving to. by 2050 we would have 130 trillion dollars of public debt. spending $5 trillion a year just the interest on that. that's not -- no way you can survive. neil: and entitlement problems and you said social security is not on the table and should they be on the table and-- ments you need to look at it and be sure, how about, in west

virginia, 60% of our people on social security and medicare. to them to be thinking, oh, not going to touch t we're not going to touch it, we're going to make sure they get it. 10 years from now, they still have they have the money they have coming in and medicare protection they're getting right now for health care. if we do nothing and sit back with our hand in our pockets and say we can't get involve, they're going to have automatic cuts, we can't let that happen? where would you say, we have to look at either extending the age, raising taxes or those 50 and over shouldn't have to worry about this. where are you on the age of people who might have to say, all right. we're going to push this back a little bit. >> i just think, is there a better program or better way younger people can invest and have something for retirement? i don't know, but if you can't even sit down and talk with experts and talk with people that have-- that know what, you know the where withals, i'm not talking

about medicare and social security and people who have earned it. how do you sustain what you have? that's normal discussions that people have, the dining room table or kitchen room table every day. >> we still don't know officially what the president's plans are for reelection. it looks like he's going to run again. his wife seems to be saying that. they might not be on the same page because the president hasn't been as unequivocal. if he were to run again, would you support him? >> let's see who is all in the game. i'm not going to say i'm going to support or not support somebody. i want to see and find the best pathway for america, we've got to get out of the toxic relationships we have in the political process. neil: you're a democrat and he's a democrat would you know the automatically support the preds president for reelection. >> he's our president, and when

dup was -- donald trump was president, you better support your president, and. neil: if it were donald trump, senator, as the republican nominee against joe biden who would you support? >> i'm going to find a pathway that basically brings america together. who can do that the best and who has the best plan for the future of america because i'm concerned right now as a lot of americans. things aren't going the way they should go and haven't been for a long time. blame either party, make it's know the working either party. i'm looking for a pathway forward to make america together, stronger. neil: are you running for reelection in west virginia, senator? >> neil, i'm looking for the pathway that will unite and basically going to get america stronger and keep us the country and-- >> i understand that. are you running for reelection as senator. >> i'm going to whatever i can to help my country be better

than it is today. neil: are you troubled by poll that show you right now at least trailing your governor, tim justice. >> no. neil: but at least 20 points. would that affect your decision if he were the nominee to take you on. >> i've never been a decision on that. i'm going to be involved, if i decide to run whatever i am involved i intend to win, if i intend to do that, i run to win i believe that. because when you see west virginia looks at me not a democrat or republican, basically perform and delivered. i've been like that all my life upfront and transparent and i feel very good about the election, whatever decision we make here, but i'm going to make sure that my country and my state does the ability to function normally and not in a dysfunction way and not being torn apart by the toxic political atmosphere that we have, neil. neil: would you run, sir as a

democrat or a republican. some have said maybe as an independent? >> neil, i'll do whatever i can. there's plenty of time between now and then to help my country get the financial house in in order. neil: you're not ruling it out when you said earlier that you wouldn't necessarily support the president, simply because he's a democrat, you would choose the man or the woman and decide that. >> i'm going to support the best path for the country, and how we make our country better and stronger and more united. right now, i don't think anybody can say we're together and united. it's basically the political parties are tearing us apart and we've got to come together. if someone party can do it better than the other, so be it. right now-- >> you're open to switching parties. >> oh, knneil.

[laughter]. neil: i was just throwing that out. mike dewine threw it out, maybe it's time that the president visited east palestine and his agents may not be enough. >> and when i was governor i knew i had to be there. it gave confidence to my state being there. and president of all 50 states, that's 20 miles from the border of west virginia and i spoke to different water departments because some of that leaked into the ohio river and we're watching that plume as it was floating by and they took alternative action so they didn't ingest that into the water filtration plants. everybody has a different sometime. i personally, if any way possible, immediately be there the day or the day after if anything happened in my state. that's my style of what i thought was effective. i think it's important, it's important for the leaders to be there, yeah. neil: finally, sir, obviously,

west virginia is a coal producing state and energy producing state and you wanted to protect that in some things that you signed onto, a move for some states, new jersey, going all ev in the next decade or so. >> it's a big mistake. neil: explain why. >> basically we don't have a supply chain, it's germany, russia -- china. and until we get our battery manufacturing up and running and sourcing for critical minerals where it's basically going to be from north america, the united states, canada and mexico or from a country that we have a free trade agreement or our allies overseas, people that can depend on or hold us hostage or make it impossible to have a guaranteed supply chain. that's crazy to do that and that's why i did the ira, inflation reduction act to make sure that we developed an energy policy here that was

basically all exclusive that basically made us energy secure, but especially our transportation mode. it's never in the history been dependent on any other country to supply anything that we needed for automobiles, trains and planes. it's never happened. neil: all right. west virginia's joe manchin, in the meantime, we're focusing on the nation's weather here, some wicked storms, particularly down south. 10 lives have been lost and it get pretty nasty for other region of the country after this. no. he's making real-time money moves with merrill. so no matter what the market's doing, he's ready. and that's... how you collect coins. your money never stops working for you with merrill, a bank of america company. this isn't just freight. these aren't just shipments. they're promises. promises of all shapes and sizes. each, with a time and a place they've been promised to be. a promise is everything to old dominion, because it means everything to you.

>> well, he warned us and now he's dealing with it. robert ray of fox weather in chicago with all the nasty stuff that's storming there. robert, how do things look there? >> yeah, neil, you know what's interesting, the old saying that march comes in like a lion. well, in chicago, it's coming in more like a kitty cat here this weekend, which is a good thing. but having said that, that's

not the case across much of the upper midwest. yesterday in northwestern indiana about 50, 60 miles from the windy city and valparaiso, take a look at this, heavy snow coming down and walloping that area, over five inches in south bend where notre dame university is, even more and then neil, get this. if you went out on the roads in between the indiana and illinois state line, all the way up to detroit, look at this video. it was white knuckle driving, unfortunately snowplows out, slush pushed to the side. accidents all over on i-94 west and all of this system was coming up from those severe storms earlier in the week unfortunately and then neil, get this, you get to chicago yesterday evening we were expecting to see that wintery mix of sleet, snow, freezing rain and it was bone dry. people leaving work going to restaurants, all was well. the manic weather environment

of chicago this year, that literally could go down as one of the top 10 warmest on record in 153 years of data in chi town. average temperature 3.5 degrees above, neil, and this system is making its way into the northeast right now and it will end later tonight, head out into the atlantic ocean, but unfortunately, neil, 10 people died in the south from the severe systems, yet another week of just weather crossing the country and creating havoc in many areas, neil. to think, next weekend in chicago, the forecast is potential for snow on saturday and why does that mean anything? that's the day that the st. patrick's day parade is and thousands of people are going to watch that river get dyed green. we'll see. it never ends, neil. every single week, we're out in it. neil: could be green ice the way things are going there. thank you very much for that, robert ray in chicago.

in east palestine where residents had a chance to sort of air their gripes, but they didn't get many answers to that. garrett tenney has more. garrett. >> neil, the concerns of folks in east palestine aren't going away and that smell of chemicals, it's been in the air on and off over the past month, could soon be getting worse. on friday norfolk southern began removing tracks at the site and excavating contaminated soil which the epa says it could be in the air. but they maintain that it's safe for folks to live there. and this is a heated town hall meeting where the residents had the first chance to listen to the railway and most folks didn't leave satisfied with what they heard. >> we're sorry, very sorry, we feel horrible about it. [aud

[audience yelling] >> you're saying for me to take my kids into the house when after 30 minutes i threw up. >> and i couldn't breathe and i quit my job. >> do i have to wait until i have cancer or my kids or sick or my grandkids are sick before you guys are going to do anything? that's not right. >> the railway says it hasn't had any discussions about buying people's homes and paying for them to move and even though some folks are getting sick. they say they don't feel safe and want to leave, but can't afford to. ohio's lt. governor says norfolk southern needs to step up. >> i think at this point norfolk southern needs to think about that. setting aside a trust fund, making sure that the long-term needs of this community are satisfied. >> the ohio department of health has released the results of health assessments from its clinic in east palestine and more than half of those surveyed reported symptoms such as headaches, coughing, fatigue, and skin irritation. and neil, they're still not getting any answers as to why they're still experiencing

those symptoms when everybody is supposed to be safe, neil. neil: all right. garrett, thank you for the update. garrett tenney on what's going on in this opportunity. in the meantime, south dakota is a long way from the border from mexico, as you know, that didn't stop senator john thune to see for himself what's going on there. he has a complete report and update and let's just say he's not happy, after this. out here, you're more than just a landowner. you're a gardener. a landscaper. a hunter. because you didn't settle for ordinary. same goes for your equipment. versatile, powerful, durable kubota equipment. more goes into it. so you get more out of it.

> >> i mean, it's fairly simple. enforce the law. you know, and catch and release, bring back the remain in mexico policy when it comes to dealing with asylum seekers and finish building the wall. i mean, it's really that simple. neil: all right. we're going to be speaking to the senate minority whip john

thune about his visit to the border with other key republicans, but first to matt finn in mission, texas with what they hope to solve, matt. >> well, neil, the republican senators from all over the country came here to the southern border, did an overnight and a daytime tour and now urging the president and border czar, vice-president kamala harris to come back to the border for more than just a couple of hours. >> people coming to the united states in an orderly, humane and lawful fashion have greatly benefitted our country and we want that to continue, but to surrender control of that migration and the drugs that come along with it to the criminal cartels who care nothing about the people, all they want is the money, and they don't care whether it's drugs, smuggling people, sex slaves, involuntary servitude, forced working of migrants,

they don't really care. all they care about is the mo money. >> and here at the border, week after week, we see the lengths human smugglers and migrants will go to to get to the u.s., including on route 281 in hidalgo county, an industrial work truck marked computer diagnostic leads dps into the thick brush into the dark of night. ramming into a fence and bails out. eight illegal migrants apprehended in that incident alone. here at the border, there are numbers doesed around. it's hard to see the stats, but we've seen a drop in migrant encounters, a record high in december and cut in half in february, 150,000. the biden administration launched a new app and proposing a rule to turn away asylum seekers at the border if they didn't apply for asylum in any of the countries they

walked through or passed through. and it will be interesting as the weather warms up if the numbers tick back up or decline. neil: thank you, matt in mission, texas. senator john thune sioux falls, south dakota, kind enough to join us. the senator minority whip. good to see you. >> good to see you. neil: you might have heard the end of matt's report that encounters are going down and the white house points to the trend being their friend. what do you think? >> i think it's a couple of things, neil. one is, and we heard this from border patrol agents yesterday. it may be going down in the rio grande valley sector, but what's happening is they're shifting to other areas, and the criminal element south of the border respond, obviously, to where, you know, the most resistance is. so, as you sort of beef up one part of the border -- it's a long border, they're moving to other sectors of the border. they don't believe there's

going to be a significant drop-off overall, it's where they're deciding to cross and a lot of that is dictated how easy it is to get in and out of certain places and that changes over time. the border is still an unmitigated disaster. the incentives for most who are profiting, smugglers, human traffickers, drug traffickers, weapons traffickers, to continue to try to get people into this country. the profits are so big, so huge, that the incentives there are not going away and i think that the administration at least so far, has been completely missing in action when it comes to try to address what i think is a major challenge, not just from the humanitarian aspect of this, but also, if you look at what's happening in the interior of our country, you know, states like south dakota, we said this yesterday. every state is now a border state because of a drug issue, it's coming across the southern border and then you've got the national security issue as

well. what we found out at the rio grande valley sector is that chinese nationalists coming across the border illegally are up almost 500% over what they were last year. these issues are real. they're national security implications, obviously, and all kind of illicit activity coming into this country through the southern border at the behest of a lot of these cartels south of the border. neil: did you see any of that migrant activity when you were there with your colleagues. and some of the video i've been seeing there was some activity which is pretty bold, what did you see? >> it is. i had been down there at previous trips, when you go down there at night that's when people are trying to come in and a couple of groups that were apprehended while we were down there. we were out there midnight one night and built these makeshift ladders to climb over the wall. the wall is an effective barrier and border patrol will

tell you this, if it it doesn't stop them, it slows them down enough they can catch up to them. but the activity down there, particularly at nighttime gets rather intense and you can actually see some of the activity on the other side of the border where the cartels operate. the last time i was down there, you know, believe it or not, there was a dead body floating in the water of the rio grande. so, you know, these issues and they said last year, almost up to 900 people were killed trying to cross into this country and then you couple that with the more than 70,000 people in this country who were killed as a result of fentanyl this last year. this is a major crisis. i mean, like i said, it's an unmitigated disaster down there? some of your house colleagues, republican colleagues are interested in impeaching homeland security secretary mayorkas. how do you feel about that? >> well, i mean, there's got to be some accountability here and he continues to say, and i mean, just, it's almost surreal

and blows your mind when he comes in front of congress and says the border is secure. this is in the worst way an absolute failure and so i think, you know, time for replacement, yeah. i think that's perfectly appropriate because clearly what they're doing isn't working. now, i think it starts at the top. it starts with the president and the vice-president. i think he's acting on their directives, and when i tell people, and i believe this to be true, neil, the majority opinion among democrats in washington is they're for an open border and any steps the president tries to make to slow the flow, so to speak, he gets pushback and you know, he's made this announcement a couple of weeks ago about this change they're going to make in may and already getting, you know, letters from democrat members of the house and the senate, resisting it. so, any steps they try and make to secure the border, try to take to secure the border, they have to fight with their own party's political base which i believe sincerely thinks, an

open border is the right policy for the country and you can see the effects of that, the results of that and it's pretty staggering. neil: not all on the same page there. senator, always good seeing you. thank you for telling us how the visit went and what you discovered. >> thanks. neil: in the meantime, former president trump is going to be speaking at cpac tonight or late this afternoon, actually. no visit with ron desantis. none. at least at cpac. tion is to pf your high-rate debt to lower your monthly payments. at newday we make it easy. our newday 100 loan lets you combine your first mortgage, your second mortgage, your high-rate credit cards, personal loans and car loans into one, low monthly payment. so you can save hundreds every month. and at newday, there's not one dollar upfront to apply. give us a call.

>> all right. duelling presidential candidates, you're going to have donald trump speaking at cpac tonight in maryland and also, ron desantis at a club for growth private donor event in palm beach, florida. so, he, that is governor desantis is not opting to attend cpac. don't know whether that will hurt or health. but now the latest from cpac in maryland. >> good morning to you, former president trump is likely to get a warm welcome when he takes the stage behind me later on this afternoon. he is the final speaker at this year's cpac event. as you mentioned there are notable names missing, including florida governor ron desantis. he decide today skip the conference. he's spoken to it in the past. i would say we've seen a smaller turnout this year compared to the last two years. this is the first time it was in maryland since it was in florida during the pandemic. organizers say they're with the

turnout and former ambassador nikki haley, she was here yesterday and received a standing ovation as she went to address the crowd. she said she wanted to make sure that voters were embracing a new generation of leaders. take a listen. >> i'm running for president to stop america's downward spiral towards socialism and end the self-loathing that has taken over our country. i'm running for president to renew an american that's strong and proud, not weak and woke. >> on friday, we also heard from entrepreneur and presidential hopeful ramswami and that he's ready to run on an america first platform and to abolish the fbi if elected. and one notable who skipped cpac this year is vice-president mike pence.

and fox caught up with him as he was at the donor event in florida and he said he's still not sure if he's going to run in 2024. >> we think we've got time to be reflective, to be discerning and listen, and my wife and i believe we will have a clear sense of our call sometime this spring and i promise to keep you posted. >> as i mentioned, trump is going to be the final speaker at today's event, but just a few hours before he comes on stage, we're going to get the results of the cpac straw poll. the people that come to this conference they have a chance to pick out who they would like to be-- who they would like to see as their 2024 nominee. given the crowd i've seen so far, i would imagine that trump is absolutely going to come out ahead, maybe just ahead of neil cavuto there, neil. neil: i don't think so. and not for just even for being on a list like that. thank you, mark meredith.

and what is ron desantis not doing there, donald trump did not go in 2016. what's the fallout for that. from a republican fundraiser, over at real clear politics, phil, begin with you and end with you whether there's any risk for ron desantis not to go to the cpac event? >> well, i think the prize from cpac is that straw poll and we've already got a pretty good guess who is going to win number one, obviously, this is the most trump friendly territory outside of mar-a-lago. rather than forcing that head to head match-up early on, i think what the desantis folks have done is they've put points on the board by going around the country. the governor was in florida, he's going to be going to california. you've mentioned the donor retreat in palm springs. i think that the plan for the desantis folks now is to build his name i.d., and point on the

board and do their own race while donald trump is looking at a potential challenger and he's the one playing defense. neil: you know, you don't put a lot in polls at this point, but i'm wondering if there's a risk to desantis not answering some of the attack lines from trump, and his own poll numbers look pretty good. what do you make of that? >> well, i'm looking at it neil from a fund raising point of view, obviously. what i would do if i were advising desantis, i would have told him do what he's doing, not sunny cpac, skip that, go to the club for growth. as we all know, we're familiar with that pac, they like to play in primaries. they're not scared of anything and they have got some of the major bundlers in the united states that will put up hard cash and you know, some of the club for growth super pac

people that they've produced, have been people like senator tom cotton. senator cruz, so they have been disrupters in the fund raising world. so, like i said, i would have advised desantis to skip cpac, all it's going to do, neil, is put trump versus desantis and people are going to, in the media, see how that they're, you know, treating each other, and did they say anything, whose speech was better. neil: yeah, maybe. >> and the straw polls. we predict trump at cpac to probably win the straw poll there. neil: you know, phil, i'm just wondering, we're following the money guys, as we should, that can lead to who is getting the original early on bets. but i remember, eight years ago, jeb bush was getting a lot of that money and we know what happened there. are we putting too much, no pun intended, stock in that? >> i think that noelle is absolutely right.

the campaign is more getting more funds to have an aggressive burn rate. voters have either made up their mind about donald trump or trying to sort out of the rest of the field. who is going to eventually declare. i think what eventually will happen is, you know, obviously you have trump and then you have numerous former alumni of his administration. and then you've got governor desantis and a handful of candidates. when everything shakes out, i think this will be a race that comes down to perhaps less of personalities, but more of show me your record what you've been able to accomplish recently and a real argument about can you go the distance and can you beat joe biden. there's going to be a lot of voters who say you might not be my favorite, but i think that you give us the best chance to put a republican back in the white house. neil: and it's still early. as you guys remind me. not early enough for us to constantly do stories like this

each and every day. i want to thank you both very very much. in the meantime, this is wild. the 3-d printed rocket. the very same week we saw a real rocket launch to the space station to drop off some astronauts. and this is ready to launch, too. doesn't kelly o'grady know it. >> have you ever wondered how they make rockets? we're learning how 3-d print something transforming the space industry. we'll have more for you after this.

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was really the subject of being put up in a printer, a 3-d printer at that and it, too, will launch into space. this will be an unmanned mission. kelly o'grady has more of what this is all about, kelly. >> well, neil, i'm living out my space camp dreams. i am at relativity space's lab learning how they make 3-d printed rockets. i want to direct your attention to this big hunk of metal behind me. this is the nose cone, the tip of the rocket. a 3-d printer made it out of tens of miles of wiring. so it's hard to wrap your mind around how a 3-d printer could make something so big. the biggest thing in space exploration is cost and how to address that challenge. >> 3-d printing replaces the traditional models of giant factories making hundreds of

millions of piece parts and a complicated supply chain. >> a 3-d printing like this reduces the cost, the number of people, the time. normally it takes 24 to 36 months to build a traditional rocket. with 3-d printing they reduce that and when make it in-house in america, it reduces the volatility of a supply chain, it's not parts all over the globe. it won't have passengers yet, but it's the start of potentially making space exploration cheaper and faster and who knows, neil, you might be going to mars in a 3-d printed market. neil: can you imagine being at the office. i have one copy i have to quickly make, no, no, i'm too busy with my rocket. where has technology gone? and by the way, we talked about how expensive it is. they didn't put a dollar figure on that. but if you're part of gen x, you can't afford it.

apparently you're spending like crazy and apparently you need a baby boomer to tell you how to stop that. after this. ♪ you're in a hurry. i'm off to america's best i heard what you said about not overpaying for glasses. two pairs and a free, quality eye exam starting at just $79.95? the exam alone is worth... 59 bucks. i mean, people deserve breaks, right? yeah, brakes...! [out of control] book an exam today at americasbest.com. (tony hawk) skating for over 45 years has taken a toll on my body. i take qunol turmeric because it helps with healthy joints and inflammation support. why qunol? it has superior absorption compared to regular turmeric. qunol. the brand i trust. come here! you know why people are always looking at their phones? they're banking, with bank of america. see cousin jimmy over there? his girlfriend just caught the bouquet so...

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>> 10 on there. 20 on that. so cute. >> declined. >> really? could you just, could you try it again? >> really declined. neil: you know, i had no idea

my daughter was in that movie shopaholic, but she was. the generation, generation x, gen x, who are going knee deep into spending, more going out than in, that's a problem. ask the u.s. congress, but i digress. and this is a universal issue. an accountant by training, i'm not saying that dan is cheap, but he watches where his pennies go and he's successful and rich today and doesn't share it with anyone. [laughter]. neil: dan, good to see you, my friend. what to you make of this? it seems this generation is specifically out of control when it comes to finances. >> you know, neil, this generation has a tendency to get bashed by us, let's say more mature people, but you want to know something, neil, this is our fault. why? because we have enabled this behavior. neil: you're right. >> this devil may care attitude that they have, you know, they live home for a longer period

of time. they rent instead of buy. they have advanced degrees, but they have a ton of student debt, averages $29,000 of student debt per person. they have a tendency to job hop, credit cards are building up, but you know what? i go back to we have enabled this type of behavior. why? there haven't been consequences. i know you made reference to what goes on down at washington d.c., right, with the national debt. neil: right, right, everyone does it, right. >> well, we keep running up the credit card, if we never really have to pay it, then what's the difference? and you know what? neil? maybe we have it wrong. you know, we were saving instead of going on vacation and they're going on vacation. neil: our parents were of the greatest generation and they were born by a world war, depression and they were tight with their money because they had to be, they had no choice.

that filtered down to boomers, who i guess are told to be the most contemptible generation as a boomer that bothers me. we have to be aware of money going out and money that isn't nearly as much going in. >> we absolutely do. listen, at some point, neil. you have to pay the piper. and until that day happens, you can keep warning people, but if it keeps going on and on, then again, there's no consequences, the behavior doesn't stop. neil: he will with, you give up. many of them have given up and they say i can't ever afford a home. i'll never pay off college loans and they give up. maybe that's what-- >> they may well give up. but listen, many of them are living a good life. a quick example. not too long ago my door bell rings, it's after midnight. i'm who the hell is ringing my bell? i don't know whether to go to the gun safe or answer the door. i answer the door. there's a guy standing there with a sandwich and i said, i'm

not-- i didn't order a sandwich. my son comes running upstairs from the home theater and says, dad, that's my sandwich. neil: a-ha, okay. >> now, we have a tray baked ziti in the refridge and he's paying for that. neil: i can kind of empathize with that. dan, you're right. it's ingrained with all of us, food for thought. fox continues. pay off your high-rate credit cards. pay yourself cash. the innovative new hisense kitchen suite is only at lowe's. save on select major appliances + free delivery on items over $396. and enjoy a two year warranty. shop appliances now backed by the lowe's price promise. i'm jonathan lawson here to tell you about life insurance through the colonial penn program. if you're age 50 to 85, and looking to buy life insurance on a fixed budget,

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>> major revelations coming from the white house this weekend with a leaked memo on unmasking details of the biden administration they're climate goals ahead of security. i'm griff jenkins. jacqui: i'm jacqui heinrich. and fossil fuels less to drill would ensure greater energy security