The New Republic
The New Republic
US · 4 hrs ago

Trump Treasury Secretary Flails as National Debt Passes $40 Trillion

Treasury Secretary Scott Bessent tried in vain to spin the country’s astronomical $40 trillion debt on CNBC Thursday. Speaking to the network’s Sara Eisen, Bessent admitted that he didn’t know when the Iran war would end, but that things were otherwise going well with the economy despite the soaring national debt and increasing deficit. “This Iran conflict, we will get on the other side of this. We don’t know when,” Bessent said, failing to inspire much confidence. Bessent was even less…
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