BRIAN KILMEADE (CO-HOST): By the way, we're a country right now with, despite the success, running a huge deficit; $1 trillion we are heading to.

STUART VARNEY (FOX BUSINESS HOST): Yes.

KILMEADE: So someone, the next politician, the next president, has got to do this hard thing of saying we have to tighten our belts and cut spending. It's hard to get re-elected when you cut spending, but you have to educate the American people what we're up against.

CHARLES PAYNE (FOX BUSINESS HOST): No, neither party is really talking about it too much unfortunately. Let's be quite honest about that. In fact, to Stuart's point, to fund socialism, when you talk about $100 trillion Medicare for all kind of thing, you need two things. You need to be able to go into people's -- where all the wealth is. You have to go into 401(k)s, tax that, but also, they want to take the Federal Reserve, usurp the Federal Reserve because they can print money. And listen, here's the thinking of a lot of people. If the Fed printed $4 trillion out of thin air to save banks, why not make them print $4 trillion to fund colleges? So we're not talking about spending less. They're trying to think of innovative ways to spend more.

KILMEADE: Yeah, you'll need a wheelbarrow for what would actually equal a dollar -- that's what a dollar would be worth.

STEVE DOOCY (CO-HOST): That's Venezuela.

KILMEADE: Yeah.