tipping
The Fiscal Tipping Point: Treasury Secretary Scott Bessent Sounds Alarm on US Debt Trajectory
In a sobering testimony before the House of Representatives, US Treasury Secretary Scott Bessent has issued a stark warning regarding the nation’s long-term financial health. Addressing the White House’s 2026 budget requests, Bessent characterized the current US fiscal path as "scary" and "unsustainable," signaling a potential shift in how the Treasury intends to manage the […]
