Bessent Says Budget Deficit Will Near 7 Percent of GDP This Year,...

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2025-06-11 23:00:08

Bessent Says Budget Deficit Will Near 7 Percent of GDP This Year, Blames Blowout Spending Under Biden

The Treasury chief says the fiscal imbalance reflects historic overspending, while touting the Trump administrations tax and trade agenda.Treasury Secretary Scott Bessent told lawmakers Wednesday that

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