Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked

Treasury Secretary Scott Bessent said Thursday that there's a "very good chance" of the U.S. has seen its budget deficit peak under President Donald Trump. Treasury Secretary Scott Bessent said Thursday there's a "very good chance" that the U.S. budget deficit under President Donald Trump has likely peaked [1].

Sources

1. cnbc.com · Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked Aug 21, 2026

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