debt
The Fiscal Precipice: Treasury Secretary Scott Bessent Warns of Unsustainable US Debt Trajectory
In a sobering appearance before a House committee this week, U.S. Treasury Secretary Scott Bessent issued a stark warning regarding the state of the nation’s finances. Addressing the White House’s 2026 budget requests, Bessent did not mince words, labeling the current fiscal trajectory as “scary” and urging immediate legislative and executive action to avert a […]