meet that young women that put norfolk southern represents on notice. she s coming up. but first president biden is set to announce new taxes next week, most are just guessing on what he will be proposing. he says millionaires and businesses will bare the brunt and nobody making less than $400,000 a year with the nation s debt already well over $31 trillion, even some democrats are getting antsy. senator joe manchin telling me, we can t tax our way out of this. i can assure you, you can t basically just tax your way out of debt. you can t borrow your way out of debt. 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. neil: no, we re not. we re frozen in place right now. stuck at our credit limit with neither party coming up with solutions to advance the ball or get the government going. good luck with that. welcome, everybody. i m neil cavuto. very happy to have you this very bu
not spending and be out. so despite the fact that maybe the consumer is feeling the pinch, there s other aspects if you think about two little people on your shoulder, one is telling you to stay safe and the other saying you know what? let s go out and spend. so when you re referring to the packed restaurants and people going shopping, they re spending on debt. and that is something that we have to watch as well. credit card debt is sky rocketing because consumers want to go out. this is a consumption-based society. that s what we re seeing. neil: thanks, guys. see you again. the details next week from the president on how he hopes to address this. i don t know if republicans will or will not go along with it, including many in his own party. the president will be going off to wilmington, delaware for the weekend. a lesion was removed from his chest during a recent physical. that was indeed basal cell carcinoma. it s a common harmless type of
welcome, everybody. i m neil cavuto. very happy to have you this very busy news day. more on some of the details about who knows what and what is really going on in ohio in just a bit here. i want to go to grady trimble on capitol hill on what we might hear next week regarding the tax hikes we know are coming. we just don t know who will be paying. who are you hearing, grady? maybe the rich, neil. it is the moment everyone here has been waiting for. it has huge implications for the debt ceiling show down president biden giving us a look at his budget next thursday. the white house today though giving us a tiny preview. sandra: the budget will show how the president plans to invest in america, continue to lower costs for families, protect and strengthen social security and medicare, reduce the deficit and so much more. but it won t lower costs for all families.
skin cancer the white house is saying. the president s personal physician, dr. kevin o connor wrote in a memo released by the white house that he s fine and no further treatment will be required. all right. meanwhile, a look what s going on in east palestine, ohio. residents are not getting the answers that they want and it s getting nasty. not one of you stood your ground and said i m sorry, we re going to make this right for your people. we are sorry and we do care. we do. my little family is me, aria, and jade. just the three of us girls. i never thought twice about feeding her kibble. but about two years ago, i realized she was overweight. she was always out of breath. that s when i decided to introduce the farmer s dog to her diet. it s just so fresh that she literally gets bubbles in her mouth. now she s a lot more active, she s able to join us on our adventures.
at a speech in virginia this week, president biden admitting i m going to raise some taxes. he reiterated the campaign promise that the hikes won t impact people making less than $400,000 a year. republicans are still threatening not to raise the debt limit inlimit inless biden reigns in spending. there ought to be all kinds of cuts. in the federal government, nobody cares how much we can spend. we ll print the money and it s causing inflation. it s going to be a calamity for this country. over and over lately, president biden has been framing himself as a deficit hawk citing the fact that it did fall last year. though most experts agree, neil, that s because of expiring covid aid and not because of any of his policies. to your point, the national debt keep growing. neil? neil: the death is a combination of all of those deficits added up to the point that we re on the bring.