that is it for "studio b" and the fox report is at 7:00 eastern and now "your world" with neil cavuto is next. >>neil: thank you. what is up with this? look at that. what is up with that? the stocks are up. way up. what is up with investors usually do not abhor big government but are celebrating bigger government. wall and broad is celebrating what they even know is smoke and mirrors. welcome, everyone, i am neil cavuto and happy new year. we are off the cliff. now, right into the frying pan. wall street does not see it or maybe they don't care. i see it and i do care. so should you. ask yourself, we went to the brink for this? for a deal that does not shrink government but expands it at $4 trillion over 10 years. yes, more spending, not less, not a little more spending, $4 trillion more spending. for all the talking of raising taxes, here is what we have. $620 billion in taxes and $15 billion in spending cuts. forget 1-1 tax hikes to spending cuts. forget 2-1. forget 3-1. try 41-1. 41 times for tax hikes than spending cuts. wall street is whooping that up? $329 billion added to the f

eastern right here on fox business with our own neil cavuto. david: that will be fun.ned just a moment ago the house is looking to vote on a bill to increase the debt ceiling temporarily, but the battle is sure to drag on. up next, the man who wrote the inside story on the lehman collapse telling us how to trade the debt ceiling and actually use the fighting in d.c. for your financial advantage. liz: plus the man some call the bond king of quebec says the second buy of a lifetime is coming up. he already called the first buy of a lifetime a couple of years ago. he was right. will he be this time? he will tell us what it is coming up. you decide. . . . . . . what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. david: well could the end of the debt ceiling debate sooner than expecte

neil cavuto. bill: from st.episcopal church, they call this church the church of the presidents. every sitting member of white house attended church here going back to james madison. half a dozen or so presidents always made it their first stop on inauguration day. president obama continues that tradition with his family just emerging. martha: lovely family. the girls, we watched them grow up last four years, saush sha -- sasha and malia. how do you feel, is being shouted from the crowd. incredible moment for barack obama as he gets ready to begin his second term. four presidents have done this particular tradition of going to st. john's right before their inauguration. harry truman, ronald reagan and both president bush's went to st. john's on the actual morning of the inauguration. we watch president barack obama carry on that tradition. bill: remarkable when you are here in washington and you see the white house for the location where we are, lafayette church, st. john's church is on the north end of lafayett

neil cavuto has perspective now and i'll see you later. [ bell ringing ] >> neil: as if i don't have enough to do, fresh from the cliff and your super hero is about to save america. while washington says on we are tapped out, don't buy it because your friendly neighborhood super hero and today i have the numbers to prove it. i'm neil cavuto and there is no denying when it comes to number crunching democrats and republicans often point to the numbers put out by these guys. >> about 24 hours after i spoke the congressional budget office released a report? >> according to the congressional budget office. >> take it from me, that is what the congressional budget office told us. >> neil: so, if that be the case why are members ignoring these numbers from the congressional budget office? they are right out there, put out by the cbo putting out for everyone to read. like reduce funding for non-defense agency by 1% annually and you save 932 million. you slash the growth in funding for the department of defense by 1% and you save another $862 billion. we're not cutting or slashing anything. w

i'm neil cavuto.s for watching. .. ♪ grew up in a small town and when the rain would fall down ♪ ♪ i'd just stare out my window ♪ ♪ dreaming of what could be and if i'd end up happy ♪ ♪ i would pray i could breakaway ♪ ♪ i'll spread my wings and i'll learn how to fly ♪ i'll do what it takes till i touch the sky ♪

. >> welcome, i'm in for neil cavuto. remember the outrage when republicans in the house questioned the pork in the sandy aid bill. accused of holding it hostage. >> i'm infewerrated. >> it's institutionable an every level. >> have some guts, put it up, vote yes or no. >> this is a dollars on top of a disaster. i'm sit hearing in shock. it's unprecedented and disgusting. >> we cannot leave here doing nothing. that would be a disgrace. >> so why the holdup now? the house passed the aid package ten days ago and still stuck in the senate as sandy victims are freezing with temperatures in the northeast dropping into the teens. the wind chill making you feel like it's below zero. we're going to talk to asen divictim. first to david lee miller, at a tent city in new york where folks are just trying to keep warm. david? >> these tents behind me, a great deal more than just a place to stay warm. you can see this fedex tractor-trailer. inside it's packed with donated replies. and then look at these pallets. city harvest, a charity

quick programming note, the president's second inauguration is on monday and as he is swearing in neil cavuto will have his swearing in. hand clap ebo

unions are no so great at revving up jobs. >> welcome, i'm neil cavuto. after massive union protests in places like michigan and wisconsin, unions have little to show for it north, only in those states but pretty much when it comes to factory jobs in any state. nonunion jobs are soaring, 700,000 more nonunion factory jobs between 2010 and 2012, versus 60,000 few are union factory jobs over the identical period. the biggest factory job spikes coming in right-to-work states like south carolina and indiana. one factor could be salaries. union workers cost more. unionized factory work end earn $55 a week on average than nonunion counterparts and that doesn't include benefits. a brionna schaffer says that's why this is costing union jobs. when you see the numbers and you see states making gains, you step back and say, someone has to realize the math here. what do you read out of it? >> i think we associate manufacturing with unions. over the last number of years manufacturing has been moving away from hiring union workers and it's not a surprise why. the fact

neil cavuto. i'm surprised you're not at the luncheon sipping champagne.osed to be seated next third? neil: i was tempted to, and i normally would have. i had to rush back here. boy, what a luncheon. the you know, that luncheon including all courses is over 3,000 calories. melissa: her organic bush. lori: neil: steamed spinach. i guess all the sauces. not a lot of bad stuff on the surface, but it is the sauces. 3,000 calories. lori: a crumb apple pie, i guess. sour cream ice cream. i don't know. neil: and on and on. yes. it gets ugly. lori: you complain about the take out. at least from where you are having to come back. neil: well, probably. i will say this. the president's second inauguration chance to look at a parade. i know a lot of people, this is a quick and heal the event we celebrate. a president has to say, the whole thing, not that he doesn't mind, but many a president like jimmy carter is often left for a long time and come back. but the fact is, you stay there through out and you have to be fixated on every single marching band and every one o

how everyone, i'm neil cavuto and call her the money honey. who would have thought that honey boo boo would have phenomenal advice for washington. do you know her mom is stashing away all of her kids cash in an untouchable trust fund until they turn 21. now from the honey to the hills, where the cbo is hearing a lot of oh no's on the way to the latest spending plan to cut spending which isn't cutting anything. reduced spending for nonagencies, annually and you could save 932 billion dollars over ten ars. that's slicing 1% off the planned growth. slash the growth in funding for the department of defense, and the cbo says that 1% will 862 billion in savings and the earliest eligibility age, raise, 15 years out, and guess what looking at another 144 billion in savings there. nearly 2 trillion dollars in savings from just those three items i mentioned. there are doze more, total of 4.6 trillion dollarsn potential savings, if washington would just quit stalling and start cutting. and maybe we could be looking the at a d.c. oscar winner. honey boo b

they don't want to incur the wrath, not just of neil cavuto. aughter] neil: can they separately do a deal to get him off his back? >> the whole thing is crazy. back up to 2008. it was a mass in 2008. what he liked the bailouts or not, actually broke the story about the government doing the bailout at aig. it was an emergency bailout in the moments after lehman brothers collapsed in 2007. aig ensure the bonds are held by all major banks. neil: was not one of the arguments, charlie? to use that as a slush fund? did they ever find that as true? >> at the time it looked like -- listen to me, the question is did goldman sachs need to bailout, and i think yes. >> i mean, there are two premises. people like you have said that morgan stanley, citigroup, bank of america, merrill lynch as well, people like me who say, well, i want that to happen. but if that didn't did happen, it would have been a global armageddon. neil: we don't know that. >> we never know. but i think that president bush made a good call. it is pretty bipartisan at the time the one the

neil cavuto put up this misleading graphic during his show on thursday.e coin would weigh 17,000 tons, about the weight of 89 blue whales and be the size of a nuclear submarine? well, the graphic is all wrong. the coin can be any size and be given any denomination. this is just the latest example of republican misinformation on the debt ceiling. mitch mcconnell was wrong when he claimed president obama wanted to raise the debt ceiling so he could spend more money. john cornyn was wrong when he said shutting down the government over the debt ceiling would be good for the country. and now neil cavuto's graphic is joining the club in the fraternal order. it's important to remember any information from republicans on the debt ceiling must be taken with a serious grain of salt. tonight in our survey, i asked you, will the obama administration get gun legislation passed? 84% of you say yes. 16% of you say no. >>> coming up, big hits in the national football league are bringing the issue of brain disease, cte, front and center when it comes to the big discussion

welcome, i'm neil cavuto and fox on top of union barking the base, and new york city bus driver training 150,000 kids, and boeing engineers union, threatening to strike, not good timing, and the dreamliner keeps striking out. apparently also striking out union jobs. a new report showing nonunion manufacturing jobs jumping by 700,000, between 2010 and 2012. but the number of unions factory jobs, falling by 60,000, so, if the jobs are falling, and the unions latest actions, really helping? >> charles payne, dagen mcdowell, adam lashinsky, charlie gasperino, charles, what do you have. >> the numbers, you need a symbiotic relationship, for manufacturing, for instance, that's a long-term commitment. you don't want to stay it's going to take me five years to make it up, the unions walk out, have a strike, shake you down. and i think that's the big problem. the unions just only care about the unions. >> what do you make, dagen, of the fact that we had the right to work states seeing activity hiring soar? >> i think that's evidence of the kind of growth that right to work states produce. and a l

of course i'm talking about neil cavuto and his upcoming coverage of the presidential inauguration.monday on fbn starting at 11 a.m. eastern time until 1 p.m. and live coverage continues here on fox, 4 p.m. eastern and back on fbn at 8 p.m. you're not going to want it miss a minute of it, i promise you. okay, the tsa doing away with the naked body scanners, that'sthe good news. and someone here says think of all the money these things stripped from the taxpayers. stripped from the taxpayers. time hey, travis... get some friends, loser! you all right, man? ♪ lean on me, thanks. ♪ when you're not strong... ♪ mortgage. married. two great kids. he wants to protect his family with a $500,000 term life insurance policy. what do you think it'll cost him? a hundred dollars a month? sixty? forty? actually none of the above. john can get a $500,000 policy -from a highly rated insurer - for under $25 a month. his secret? selectquote. selectquote is impartial. they'll search the pick of insurers like these to give you a choice of your best prices. selectquote has great savings on term life for

near caw -- neil cavuto is going to washington. he is the guest of honor at the president's inauguration. well, maybe not. he is hosting at 11:00 eastern and 4:00 p.m. on fox news and also on 8 p.m. on fox business. >>> coming up, after the president says we don't have a spending problem outcomes a new report, $4 billion in taxpayer bucks just went to foreign firms. what happened to keeping the money here in the usa? >>> here we go again. a new report showing more details about just how washington is spending our tax dollars. this time $4 billion in stimulus cash going to green projects for companies that are based in spain. in spain, germany, france, italy, japan. isn't this money supposed to help american companies? proponants say the money helped create american jobs, but you say this is total misuse of taxpayers' money. how so? >> i just think the government shouldn't be picking winners and losers. i'm sorry in the energy field. we have natural gas creating jobs. solar and wind are pipe dreams. companies overseas may be doing i

of course i'm talking about neil cavuto and his upcoming coverage of the presidential inauguration.kicks off monday on fbn starting at 11 a.m. eastern time until 1 p.m. and live coverage continues here on fox, 4 p.m. eastern and back on fbn at 8 p.m. you're not going to want it miss a minute of it, i promise you. okay, the tsa doing away with the naked body scanners, that's the good news. and someone here says think of all the money these things stripped from the taxpayers. time to privatize airport security once and for all? what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. >> coming up, after the o outrage and action, and full body >> get this, the tsa is says tata to the tna. announcing it will stop using the controversial body scanners at airports by june. the cost to run the roughly 700

hello, everyone, i'm charles payne in for neil cavuto. forget about hail mary, it's more like what the hell, extending the debt limit for nearly four months and democratic expected to dot same next week, why congress will never make the tough decisions dealing with debt. no one wants to risk their jobs to do it. unless you're willing to gambling and do the right thing. you'll do the safe thing, that gets you by, but only buys you a pass. to ben stein, gerri willis, charlie gasperino. ben to you on this. >> it's a scary situation, everybody in congress is running scared. scared of grover norquist and the no new taxes pledge and the black caucus, threats against anyone who cuts any hint of services and entitlements. scared of the aarp, ending anything having to do with retirement or medicare. >> and in the end of the day we'll be in default and like the story, f. scott fitzgerald-- or hemingway, went broke during the crash and he asked how it happened and he said gradually and then all at once, that's what will happen to us. >> one thing at

hi, everyone and happy weekend, i'm neil cavuto you want more vernment and well, you're going to have to put up more dough bause the deal transcending ended up only increasing spending. by now you know the score, it didn't cut a thing and let me cut to the chase. a lot more than just rich folks are going to have to c a check. lots of checks and lots of folks because taxing the rich ain't covering the bill. even with a billion dollar tax hike on the wealthy the next ten years, that wks out to about 60 billion bucks a year, barely enough to keep the government running for a week. and like i said, there not cutting anything and i mean anything. so, we have to find a way to keep feeding the beast. and just taxing the rich ain't going to satisfy even if you took their money, every last cent. ten years out our debt would be higher than it is now, you have to move down the food chain. you have to move down, well, to you, to the under 400 and under 450 grand crowd and i think way under. i'm thinking 50 grand and over, has just started. hike all of their taxes and i think conservatively 5% all

hi, everyone and happy weekend, i'm neil cavuto, you want more government and well, you're going to haveo put up more dough because the deal transcending ended up only increasing spending. by now you know the score, it didn't cut a thing and let me cut to the chase. a lot more than just rich folks are going to have to cut a check. lots of checks and lots of folks because taxing the rich ain't covering the bill. even with a billion dollar tax hike on the wealthy the next ten years, that works out to about 60 billion bucks a year, barely enough to keep the government running for a week. and like i said, they're not cutting anything and i mean anything. so, we have to find a way to keep feeding the beast. and just taxing the rich ain't going to satisfy even if you took their money, every last cent. ten years out our debt would be higher than it is now, you have to move down the food chain. you have to move down, well, to you, to the under 400 and under 450 grand crowd and i think way under. i'm thinking 50 grand and over, has just started. hike all of their taxes and i think conservatively

here is cavuto. >> neil: thanks, an ai-lashing out. forget a thank you. i think a big insurance company just said, screw you! >> i'm neil cavuto and in the middle of all of this. >> everything, pocket more than $22 billion for the american people. thank you america. >> recover and rebuild. that is what we did. now let's bring on tomorrow. >> neil: aig may be able to bring it on with a lawsuit to the very folks that saved it, the government, us. the taxpayer that has funded the bailout that saved that company doing those nor man rock well commercials. now the subject to be punished by the company. so what do you think? >> what is going on aig has confirmed for fox business that the board will meet at some time to decide whether this to join former aig chief hang greenberg's lawsuit against the government basically hank greenberg is saying that the government bailout was run by government overseers who ran amok with auditors and lawyers and government officials. who did not do right by the governmental bailout. he is basically saying that aig had to sell of

now, here comes cavuto. >> neil: thank you.s all you really need to know about why washington still has serious spending problem. no less than the president of the united states refuses to think it does. welcome, everybody. i'll neil cavuto and now we know, no big deal. the whole spending mess no mess period. to hear house speaker john boehner replayed the whole thing to the "wall street journal" steve moore. the president says the country does not have a spending problem. told boehner to his face at the white house that it is all fiction. spending isn't the problem. healthcare is. get that under control the president reportedly says pretty much everything else is under control. we will talk to steve moore in a is second about what boehner said after this. it might explain this. nancy pelosi pushing for still more revenues this week and republicans demanding dollar for dollar tax hikes to spending cuts. what makes you think we will make any progress wielding this out of control when we are not. steve, why less won't be more. st

i call you neil, you call me cooper, actually i call your mr. cavutoal world i would call you neil. >> beyoncÉ is no peter. >> that's the thing. so, does that one name thing make them feel god-like and like they have to do things and be something other than human? >> all right. she has cooper with an accent mark on it. that's it. >> she went automobile to find the love -- went automobile to find the love her life and now she almost lost her life. she is looking for someone to pay. to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ at devry.edu/knowhow. (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and broke

your world with neil cavuto starts right now. >> neil:, gunning for guns as republicans saying, crashing the constitution. republicans, delirious. over president is they say is out of control. after signing no fewer 23 executive orders, he says will help curb gun violence. they say make a mockery of constitution. things like requiring federal agencies to provide all relevant data to a beefed up background system. improving incentives for states to share that data for that background system and expanding the affordable care act to include allowing doctors to ask their patients, do you have guns in your home? no wonder, constitutional lawyer mark levine is hitting the roof. mark, this has got to be a record in a single day? >> this many executive orders? >> they are just starting. let's do any of these 23 has to do with newtown. they have nothing to do with the mass murder that took place in connecticut, zero. president won't be asked about it. i have gone through these. it's a weird collection of proposals. first of all we have obama ordering himself to order certain members of his admini

charles: welcome, everyone, i am charles payne in for neil cavuto. the administration is saying that it was hurricane sandy and defense spending cuts and uncertainty about marcotte. one more quarter and we are in a double dip recession with us tonight is xander -- sandra smith. >> that's right, they are trying to use this report. uncertainty when it comes to tax dollars in borrowing more money. charles: the mass media, i saw a report in new york. six reasons this wasn't a bad record. did you see that? >> the media was trying to spin this in every way that they could. they were trying to make it look like a god for them. what we need to do is say that as a lack of economic growth policy. where is the job growth policies? right now we have consumer confidence levels that we just got this week. they are plummeting because people are seeing their paychecks shrink as a result of the expirations of payroll tax cuts. people have less money to spend, they are less optimistic about the future. the white house doesn't get it. they still think it is about the s

i'm cheryl casone in for neil cavuto. he will be back tomorrow night. have a great one. john: this week watching the inauguration i wondered, did we elected king? america's first inauguration. john adams suggested george washington be called his most benign. fortunately congress insisted on a more modest title. people cheering the president. acting like he would make everything better. >> climate change. >> what do you think the next four years will be like? >> i think it's going to get better. john: what will president obama do about immigration? >> and discernible. john: marijuana. >> i expect the federal government to come in. john: that is our show tonight. >> and now john stossel. ♪ john: to was that guy? anyway, this monday our nation's capital looked like a marquee when a new king is ground. thousands of plot, a cheer. many act like subjects worshiping nobility. economic troubles, why all the pomp? watching, i wondered, should our capital be called imperial washington? maybe ago to far. senator john barrasso attended the inauguration joining us from washington. my

i'm neil cavuto, when does fannie gets it fannie kicked? when is fannie going to cult a check -- cut a check to tax pace ipayers in the usa. why can't we garnish fannie for not paying us? that is the story folks that people are missing today. not that a major bank is paying 10 billion smackers to settle some loans with fannie, don't you find it odd that fannie is taking -- when taxpayers continue to get the shaft, a most gang lender -- mortgage lender whose little bi politicas date back to the clinton days? and the beneficiaries of bailout who collective are second to none, that does not make sense. it does not represent so much as a drop in the bucket. government watch dog, said that is the problem with bailouts, taxpayers keep losing out. tconsideratioty young is here t. the markets were sanguine on this, saying no surprise, blah, blah, blah, but i think it is offensive. >> of course, it is offensive, when bank of america took over countrywide loans under tarp the federal government agreed to payback any losses that bank of america had, w

neil: welcome i am neil cavuto, it is probably a under statement to say that republicans have a pr problem, viewed as gang who can't shoot straight or come up with a clear response to a president they say is running rough shod, they keep asking the same questions, why do you keep caving on taxes? why do you do nothing about spending? how is it, a party that lost its bid for the white house, acts like all of a sudden it lost the house? you didn't. stop behaving like you did. after all, voters returned aren't to body that sets all spending issues, why the heck are republicans on defense on spending issues? what happened to their backbone? more to the point, what happened to their soul? tonight, meet the folks who have been brought in to perform a exorcism on the right. they are michelle field, and alan west, you know their faces, get ready for them to get in liberal's faces, by waking up some very young voters, they are launching a web show, called, next generation. and if you are young, hot and bothered, they want to get you jazzed, angry and involved, welcome you to both. alan west, unleas

neil: a lot of thieves take advantage of this, if not mob, you worry it gets worse here? >> all i know is that i know that cavuto> i am not touching, that you threw he off once. >> they can take a business. neil: we're in deep with different government now. >> we'll see more, will the president get a lot of that agenda by, by passing congress. >> no, he can move money but he hope toss use the ea epa to impe caps to clampdown on carbon emissions that it is financially up possible and price carbon out of the market. >> do we have any green energy success stories. neil: no, they just disappear.

neil: a lot of thieves take advantage of this, if not mob, you worry it gets worse here? >> all i know is that i know that cavuto i am not touching, that you threw he off once. >> they can take a business. neil: we're in deep with different government now. >> we'll see more, will the president get a lot of that agenda by, by passing congress. >> no, he can move money but he hope toss use the ea epa to impe caps to clampdown on carbon emissions that it is financially up possible and price carbon out of the market. >> do we have any green energy with the spark miles card from capital one, thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ]

don't miss neil cavuto. there he is, still smiling. complete coverage of president obama's inauguration on monday, starting 11:00 a.m. eastern right here on fox business. neil will be all over that. >>> house republicans planning to lift the debt limit but with serious conditions. former cbo director douglas holtz-eakin weighing in on the new strategy next with tracy byrnes and myself. don't miss it. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. g