Scott Bessent, Donald Trump's pick for Treasury Secretary, stressed the importance of tax cuts for the wealthy during his ...
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.
Bessent said the extension of the 2017 tax cuts was the single most important issue facing lawmakers. "This is pass-fail," Bessent said, in the start of questions at his confirmation hearings. Failure ...
Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in ...
Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and ...
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of ...