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Treasury Secretary Bessent USA will never be standard with US national debt


Treasury Secretary Scott Bessent On Sunday, the US government would not be debt, because the federal government turns to a deadline to resolve this summer.

Bessent appeared CBS News’ “Face of Nation” Republicans in the Congress, increased by $ 4 trillion in the debt, the amount of about 2 trillion dollars per year to increase $ 4 trillion in about two years.

CBS ‘Margaret Brennan asked Bessent: “How can a brush that is defaulted” How much can be said, “how much the bill in mid-July has been given the bill and potential changes in the Congress.

“Well, first of all, Margaret, the United States will never be standard,” he said. “It will never be a warning guide and we will never hit the wall.”

Moody’s reduces the US credit rating on increased debt

Scott speaks at Bessent TV

Treasury Secretary Scott Bessent said that the US government will never standardize debt liabilities as benches. (FOX News Channel / Fox News)

Bessent asked if the government had more walking rooms if he did not raise the debt limit in mid-July.

The Treasury Secretary replied and said, “We do not give up History of XBecause we want to use the bill to move forward. “

Budget analysts estimated that the so-called “history of X” – the treasury will be recognized as extraordinary measures used to use budget tools debt payments – Most likely, the summer will be obtained.

If the debt limit is not raised, you face standard risk in the United States in August, CBO assessments

November Congress Budget Department In March, this emergency measures “likely to be depleted in August 2025” and said that tax collections and government expenditures are uncertainty due to potential changes or more later than this range.

Bipartisan Politics Center, in March, an estimate that reflects the uncertainty, the history of the history and the middle of July and in early October and in early October.

Treasury Secretary Scott Bessent rejected Moody’s US loan as ‘lagging indicator’

A US flag flies with capitol in the background

All three leading credit rating agency reduced the US credit rating from the highest level. (J. David Ake / Getty Images / Getty Images)

When the treasury department is stressed, the federal government may be forced to default on debt obligations related to debt liabilities, “CBBO reporting can result in borrowings in credit markets, economic activities, loan prices for treasury.”

Concerns over Financial health The Federal Government’s trajectory has recently called down the highest level of AAA from the highest level of AAA to reduce the US credit rating and reduces a notch from AAA and to lower the US government’s credit rating since 2011.

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Moody’s, discage “, the moisture debt of the elements and the percentage of interest rates reflect the increase in interest rates to levels that are significantly higher than similar soverings.”



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