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"You are the first Democratic presidential candidate to come onto my show. I got to thank you very much," Hannity said to begin the discussion.
The two briefly exchanged some banter about Rhode Island but Hannity, a steadfast GOP advocate, quickly turned up the heat.
Once Chafee said he would give President Barack Obama an "A" on the economy, a visibly baffled Hannity started dishing out statistics to contradict that grade.
Later, Hannity repeatedly grilled Chafee for his support for raising taxes on the rich.
"This is not a quiz. But do you know what percentage of federal tax the 1% pays?" Hannity asked.
"It's high," Chafee responded.
Hannity then quizzed him on what percentage of the federal tax bill low-income earners pay, as Chafee attempted to shift the discussion to his argument that the wealthy are doing just fine.
"Tell me out of every dollar that a rich person makes, what percent would you say is fair that should go government - state government, federal government, property taxes, income taxes, sales taxes - at what point do you say, 'Enough is enough?'" Hannity inquired. "Give me a number."
Chafee suggested that 60% might be a fair number.
After the two had a back-and-forth about that prospect, Hannity reached into his pocket and threw some money on the table for the government to take.
"Why should I work?" Hannity asked to end the interview.
A GIF of the money-flinging:
Fox News