Treasury Secretary Scott Bessent Sounds Alarm On "Ultimate Calamity" As Debt Ceiling Looms

Treasury Secretary Scott Bessent Sounds Alarm On "Ultimate Calamity" As Debt Ceiling Looms

Treasury Secretary Scott Bessent sounded the alarm on Fox News Tuesday, cautioning that congressional inaction on economic reform could precipitate what he termed the “ultimate calamity.” With a mid-July deadline approaching to raise the nation’s $37 trillion debt ceiling, Bessent underscored the urgent need for a balanced approach that combines disciplined spending cuts with policies […] Treasury Secretary Scott Bessent Sounds Alarm On “Ultimat…

Bessent: We Can't Fix Fiscal Issues in a Year, 'Too Big of Cuts and the Economy Would Slow'

On Thursday’s broadcast of the Fox News Channel’s “Special Report,” Treasury Secretary Scott Bessent said that he has sympathy for some members of the Senate who want more spending cuts, but the issue can’t be solved in a year and The post Bessent: We Can’t Fix Fiscal Issues in a Year, ‘Too Big of Cuts and the Economy Would Slow’ appeared first on Breitbart.

Today’s global imbalances aren’t what they used to be

US Treasury Secretary Scott Bessent and G7 finance ministers recently called on the International Monetary Fund to bear down on ‘global imbalances’.

Bessent: We Can’t Fix Fiscal Issues in a Year, ‘Too Big of Cuts and the Economy Would Slow’

by Ian Hanchett Breitbart.com On Thursday’s broadcast of the Fox News Channel’s “Special Report,” Treasury Secretary Scott Bessent said that he has sympathy for some members of the Senate who want more spending cuts, but the issue can’t be solved in a year and dealing with the government’s fiscal issues requires “a combination of restraining and cutting spending and growing the economy. Because too big of cuts and the economy would slow down.” A…

Bessent: We Can’t Fix Fiscal Issues in a Year, ‘Too Big of Cuts and the Economy Would Slow’ – altnews.org

On Thursday’s broadcast of the Fox News Channel’s “Special Report,” Treasury Secretary Scott Bessent said that he has sympathy for

Scott Bessent Warns Of ‘Ultimate Calamity’ If Congress Fails To Act On Debt And Growth

Treasury Secretary Scott Bessent warned on Fox News Tuesday that inaction from Congress on economic reform could lead to what he called the “ultimate calamity.” Speaking with Fox News host Bret Baier, Bessent said that while he identifies as a deficit hawk, a balanced strategy must include both…