Scott Bessent on the national debt: ‘There’s nothing magic about the $40 trillion number’
"We can grow our way out of that," the Treasury Secretary told CNBC on Thursday.
"We can grow our way out of that," the Treasury Secretary told CNBC on Thursday.
BELLINGS Intelligence Score: 15
Why it matters
Scott Bessent's commentary on the national debt is opinion-based and does not represent a new policy shift or regulatory change; it is notable but does not materially alter credit market conditions or rate expectations.
Sources
Fortune
Scott Bessent on the national debt: ‘There’s nothing magic about the $40 trillion number’
"We can grow our way out of that," the Treasury Secretary told CNBC on Thursday.