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‘Heading for default’: Hassett warns US must get a grip on spending

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Former Council of Economic Advisers Chairman Kevin Hassett discusses the need for spending cuts amid America’s rising debt problem on ‘Cavuto: Coast to Coast.’ #foxbusiness #cavuto

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York – the business capital of the world – FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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46 Comments

46 Comments

  1. @donnacribb5712

    February 27, 2024 at 11:30 pm

    No more money for biden

  2. @LectronCircuits

    February 27, 2024 at 11:30 pm

    We can't keep spending beyond our means. If solving the problem requires default, then so be it. Cheers!

  3. @johnminton2436

    February 27, 2024 at 11:30 pm

    I respect you all 💯💯

  4. @abdiabdi7915

    February 27, 2024 at 11:30 pm

    Help me money 💲 2 50 billion us dollars support money every months support money every years support money Abdullahi Hassan Mohamed Ibrahim

  5. @JescaML

    February 27, 2024 at 11:30 pm

    Democrats love wasteful spends and don’t see a problem

  6. @edwardadams7408

    February 27, 2024 at 11:30 pm

    President Biden lives in a dream world. He's thinks that he has a goose that has golden eegs.

  7. @benardpatrick9482

    February 27, 2024 at 11:30 pm

    The Collapse of these banks has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping $480k stock portfolio, what’s the best way to take advantage of this bear market?

  8. @rakibkhansarkarshoelsarkar8039

    February 27, 2024 at 11:30 pm

    আমার এখন সাহায্য প্রয়োজন

    আমার এসিস্ট্যান্ট বিজ্ঞানী টিমের

    তোর কারনে যদি তারা পিছে সরে যায়

    তাহলে তোর ইউনাইটেড স্টেট কুচি করে ফেলব

  9. @donnacribb5712

    February 27, 2024 at 11:30 pm

    Biden wants defaults

  10. @michael4250

    February 27, 2024 at 11:30 pm

    Explosive diarrhea. Your outrage is their ONLY product. Don't fail them…believe this hate-speak dividing our nation. Do your part, so they can get paid.

  11. @kennethsaylor1835

    February 27, 2024 at 11:30 pm

    McCarthy shouldn't give in to Biden, this throwing away money is unrealistic & unsustainable, if Joe won't negotiate let him go default, he made the problem.

  12. @jeffteyrosado9966

    February 27, 2024 at 11:30 pm

    The sweet smell of conservative politics oh the stench is finally going to get real

  13. @wheresgod3245

    February 27, 2024 at 11:30 pm

    Democrats are trying to make us all slaves to their form of government 🤬

  14. @MarcoPolo-zn4gm

    February 27, 2024 at 11:30 pm

    Yet ukrainian president zelensky getting another $1.5 billion next month. & American citizens get to suffer more.

  15. @jasonlinton9902

    February 27, 2024 at 11:30 pm

    Almost every american hates biden and doesnt want him as their leader and yet hes still there doing as much damage as possible i see no way out of this the american dream is over we are doomed as a nation

  16. @ipfreely8920

    February 27, 2024 at 11:30 pm

    The socialists will blame their opponents like they always do when they mess up.

  17. @garyt-of6yb

    February 27, 2024 at 11:30 pm

    WE HAVE CONSERVATIVES AND WE HAVE DEMOCRATS IT'S LIKE THE DIFFERENCE BETWEEN HEAVEN AND HELL!

  18. @mariabajuelo5625

    February 27, 2024 at 11:30 pm

    It’s unbelievable what’s going on in our country.

  19. @finestbearhug2951

    February 27, 2024 at 11:30 pm

    There’s more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year,” said Bipan Rai, North America head of FX strategy at CIBC Capital Markets. In my portfolio, I'm noticing more red than green. How are other people in this market raking in over $350k gains within months.

  20. @mattbailey4827

    February 27, 2024 at 11:30 pm

    This is where we pretend the debt is going to be paid lol

  21. @mowaiken2002101

    February 27, 2024 at 11:30 pm

    "44 other peeps has been spending money why cant i do the same ? if i cant spend more i cant send help to ukraine, if i cant send help to ukraine how can i increase my account !! stop thinking about yourself, think about ME !"

  22. @spookerr

    February 27, 2024 at 11:30 pm

    DO NOT assist the new age treasonous communist CRATS, in Any Way Shape or Form. Remember, the CRATS think they are in a shooting war and their End Game is to bring down the US and re-shape it into a severe communist dictatorship.

  23. @georginalouis1250

    February 27, 2024 at 11:30 pm

    If you love America, you should be disgusted with what is happening to it. What do you think our founding fathers would say if they could see what our cities and economies have become (low income, high cost of living)? It appears that our leaders aren't too concerned. Worst of all, the financial market is a farce. I have about $83,000 in life savings that I want to invest, but it's difficult for me to bite the bullet and do it.

  24. @teawaruaedwards274

    February 27, 2024 at 11:30 pm

    There WONT BE a Default….Democrats with financial portfolios will CRASH AND BURN when the STOCKMARKETS CRASH from the DEFAULT and so will Republicans….and there is NO WAY Republicans will want to LOSE ALL THEIR MONEY….SO NO DEFAULT….BUT if they're CRAZY ENOUGH to do it , Joe will use the 14th Amendment.
    TOO MANY FOOLS on this thread THINKING it NOBLE for AMERICA and AMERICANS to go broke . NOT KNOWING the disaster they want to cause IS ALSO GOING to make it worse for HIM who's running again.
    THE AMERICAN PEOPLE SEE IT and they won't forget and will again VOTE to keep Republicans OUT
    Republicans are only trying to BLACKMAIL their way to influence .

  25. @dannypowers4995

    February 27, 2024 at 11:30 pm

    Mitch McConnell and 17 other Senators join with the Democrats to pass a 1.7 trillion dollars in omnibus spending just before Christmas. And just before the House changed leadership to the republicans.
    Shameful.

  26. @donbarton5999

    February 27, 2024 at 11:30 pm

    China Joe and his friends need to go to jail

  27. @rogerdorsey7823

    February 27, 2024 at 11:30 pm

    DEFAULT WOULD BE EITHER OR NEITHER NOR LEAVING GOP HOLDING THE BAG.

  28. @josedipadua8575

    February 27, 2024 at 11:30 pm

    We the People ‘s will fight against these tyrants central bankers and will be abolished for own wickedness that will destroyed themselves Power to the People’s🗽 GodBless America We are Free Nation 🇺🇸Amen 🙏

  29. @jimmcclinsey9009

    February 27, 2024 at 11:30 pm

    Whaaaaaat? No! If you need more money, just print it. Nothing bad can come of that🙄

  30. @kenneth-pc7mf

    February 27, 2024 at 11:30 pm

    Sure We must get a grip on spending.But it won't happen with the senile Chimp in the White House.

  31. @peterlim3189

    February 27, 2024 at 11:30 pm

    I think the GOP should go for a default and keep Crooked Joe Biden out of creating a War with any country! 😢😢😢

  32. @alannamichellepaulino8429

    February 27, 2024 at 11:30 pm

    Snndemocrata

  33. @TUBESPECIFIC1

    February 27, 2024 at 11:30 pm

    Doesn't it look like the Democrats and Republicans are at loggerheads making it impossible for anything to be passed? Now a lot of people are going to be really really mad if the US defaults setting off a big fiasco. I know I'll be pissed if I default on my rent and see the trucking, food, and economy itself breakdown over a sovereign credit currency crisis. Once that were to initiate, there's no going back until there is to be a great reset.

  34. @markhirstwood4190

    February 27, 2024 at 11:30 pm

    2:59 – Cutting off your guest, overtalking him, just rude and obnoxious. Next.

  35. @anthonycicarelli588

    February 27, 2024 at 11:30 pm

    Watching Biden and Harris perform is in my sick mind watching a mother tell her 300 pound daughter she can be a ballerina.

  36. @suwarto3548

    February 27, 2024 at 11:30 pm

    Making axacly policy for incharge to creditur who is can not paying credit to the bank for 1 year.

  37. @brianyasuda9366

    February 27, 2024 at 11:30 pm

    no complaints when Trump added $7.8 trillion to the national debt?

  38. @Johnny-rj6ou

    February 27, 2024 at 11:30 pm

    Sovereign debt crisis is coming, and soon.When it happens, Americans are going to be poorer than a Chinese worker.

  39. @rossmeldrum3346

    February 27, 2024 at 11:30 pm

    This is the day everyone was hoping would never come, but it's time to pay the piper and they don't have the coin. This is what you get for kicking the can down the road too many times. It's the sound of inevitability and the bill always comes due.

  40. @uncleogrimacy

    February 27, 2024 at 11:30 pm

    China is taking global leadership!

  41. @javabeanthecoffiewhisper2585

    February 27, 2024 at 11:30 pm

    Trump/Musk

  42. @jasonport2907

    February 27, 2024 at 11:30 pm

    Cavuto is a liberal.

  43. @wayneborkovich3460

    February 27, 2024 at 11:30 pm

    The better way is to spend within our means

  44. @alabamamothman2986

    February 27, 2024 at 11:30 pm

    Biden wants a default.

  45. @eduardosalcedosr1727

    February 27, 2024 at 11:30 pm

    Trump 2024 🇺🇸🇺🇸🇺🇸

  46. @oklahoma1232

    February 27, 2024 at 11:30 pm

    Never ! thE CIRCUS must go on the clowns keep everyone happy !

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Census Bureau makes SHOCKING ERROR on homeownership rate #shorts

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A new Minneapolis Federal Reserve study finds the U.S. homeownership rate is significantly lower than the government’s widely cited figure. #foxbusiness #shorts

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours.

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‘BOILING CAULDRON’: Gerry Baker warns Europe faces mounting crises amid unrest in France #shorts

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‘MASTERFUL JOB’: Trump UNLOADS, draws battle lines in midterm showdown

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours.
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Powell is in WAY over his head: Art Laffer

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Former Reagan economist Art Laffer and American Action Forum President Douglas Holtz-Eakin join ‘Kudlow’ to discuss Jerome Powell’s leadership of the Federal Reserve, inflation trends and the U.S. economy.
#fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #kudlow #jeromepowell #powell #artlaffer #laffer #douglasholtzeakin #federalreserve #fed #inflation #economy #useconomy #interestrates #monetarypolicy #cpi #pce #economicpolicy #reagan

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours.

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