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Bessent demands apology from Summers over ‘big, beautiful bill’ criticism

TEXAS, JUL 7 – Treasury Secretary Scott Bessent condemned Larry Summers for using the Texas floods' 80+ deaths to criticize GOP budget, calling it a politicization of human tragedy.

  • Treasury Secretary Scott Bessent called for an apology from former Treasury Secretary Larry Summers after Summers criticized the 'One Big, Beautiful Bill' in relation to Texas flooding deaths.
  • Summers stated the bill could lead to '2,000 days of death like we've seen in Texas this weekend' and suggested it would harm more than 100,000 people, undermining the bill's economic strength.
  • Bessent described Summers' comments as 'cheap' and 'callous,' urging others to support his demand for a public apology from Summers.
  • The flash floods in Texas resulted in over 82 fatalities, including at least 28 children from Camp Mystic, highlighting the gravity of the tragedy amid political criticisms.
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Benzinga broke the news in New York, United States on Monday, July 7, 2025.
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