Bessent says that this is not as it doesn’t face the end dates of Congress

Treasury Secretary Scott Bessent said the United States would “never be standard” that the federal debt ceiling is closer to the increase in the deadline.

“It will never happen,” he said in an interview with CBSFace the face of the nationThe weather is planned on Sunday. “We are on the way to warning and we will never hit the wall.”

Republican Congress leaders, President Donald Trump’s presidental Donald Trump’s tax and spending invoice, the National Donald Trump’s tax and spending bill added to the increase in the bill. The US Senate returns to take the bill this week.

Bessent refused to express a word “X History “- Cash and special accounting measures that allow them to remain in the debt pan and still allow good results on federal obligations.

“We do not give the X historical ‘as we use to forward the account in X’,” Bessent said. Last month, Bessent, MPs told the deputies that if the debt ceiling was not lifted or suspended, he would exhaust the authority of borrowing until August.

Wall Street analysts and personal forecasts see the end dates that fall before the end of August and in mid-October.

Bessent also opposed a warning JPMORGAN CHASE And the CO CEO Jamie Dimon, a crack in the bond market “will happen”.

“I recognized Jamie for a long time and gave it such forecasts for his whole career,” he said. “Fortunately, none of them were real.”

“We will slowly lower the frank,” he said. “It’s a long process, so the goal is to reveal it in the next four years.”

This story was first displayed Fortune.com

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