Treasury Secretary Scott Bessent says America’s national debt is a disaster

During his Senate confirmation hearing on Thursday, Scott Bessent, President Donald Trump’s pick for Treasury Secretary, called the national debt “a disaster” and pointed to the country’s budget deficit, now more than 6% of GDP, as something rarely seen outside of wartime or a major economic crisis. Scott warned senators that the Treasury’s borrowing power, […] source: https://www.cryptopolitan.com/scott-bessent-says-national-debt-a-disaster/