38 Trillion Reasons For America To Tighten It's Belt This Year episode artwork

EPISODE · Jan 1, 2026 · 30 MIN

38 Trillion Reasons For America To Tighten It's Belt This Year

from The Fox News Rundown · host FOX News Podcasts

As we enter 2026, the national debt is quickly nearing $40 trillion and interest costs alone are near $1 trillion a year. Meanwhile, there is no clear bipartisan plan to reverse the trend. The Trump administration points to economic growth, tariffs, and efforts to cut waste and fraud as part of the solution, while critics warn that deficits remain historically high and savings so far fall short of what’s needed. Former Indiana Governor and former OMB Director Mitch Daniels joins the Rundown to break down the lack of political will to address the debt crisis, what’s politically realistic in the year ahead to rein it in. Then, we revisit one of our most impactful interviews from the past year, when Author and Historian Walter Isaacson joined Chris Foster to discuss the United States’ upcoming 250th birthday and why America’s revolution is one of the most important events in world history. Plus, commentary by commentary by Jason Chaffetz, FOX News contributor and the host of the Jason In The House podcast on FOX News Radio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As we enter 2026, the national debt is quickly nearing $40 trillion and interest costs alone are near $1 trillion a year. Meanwhile, there is no clear bipartisan plan to reverse the trend. The Trump administration points to economic growth, tariffs, and efforts to cut waste and fraud as part of the solution, while critics warn that deficits remain historically high and savings so far fall short of what’s needed. Former Indiana Governor and former OMB Director Mitch Daniels joins the Rundown to break down the lack of political will to address the debt crisis, what’s politically realistic in the year ahead to rein it in. Then, we revisit one of our most impactful interviews from the past year, when Author and Historian Walter Isaacson joined Chris Foster to discuss the United States’ upcoming 250th birthday and why America’s revolution is one of the most important events in world history. Plus, commentary by commentary by Jason Chaffetz, FOX News contributor and the host of the Jason In The House podcast on FOX News Radio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

NOW PLAYING

38 Trillion Reasons For America To Tighten It's Belt This Year

0:00 30:35

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of The Fox News Rundown?

This episode is 30 minutes long.

When was this The Fox News Rundown episode published?

This episode was published on January 1, 2026.

What is this episode about?

As we enter 2026, the national debt is quickly nearing $40 trillion and interest costs alone are near $1 trillion a year. Meanwhile, there is no clear bipartisan plan to reverse the trend. The Trump administration points to economic growth, tariffs,...

Can I download this The Fox News Rundown episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!