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🚨 JUST IN: Treasury Sec. Scott Bessent INFURIATES MSNBC panel after expertly explaining how tariffs have actually helped Americans "Tariffs help consumers because [we] have brought down the budget deficit. MIT came out with a study that said that 42% of the great inflation was caused by the big... show more

Eric Daugherty

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.Treasury Secretary Scott Bessent: "With the Section 301 tariffs, I am confident that we will be back to the same level — if not higher — of tariff income [as] last year, and that is most of the increase in the deficit... Remember, we did not get here in a day. We were left with a mess. The Biden Administration had the highest deficit-to-GDP in history when we weren't at war or weren't in a recession. For 2025, we brought it down by more than a percent."

.Treasury Secretary Scott Bessent: "With the Section 301 tariffs, I am confident that we will be back to the same level — if not higher — of tariff income [as] last year, and that is most of the increase in the deficit... Remember, we did not get here in a day. We were left with a mess. The Biden Administration had the highest deficit-to-GDP in history when we weren't at war or weren't in a recession. For 2025, we brought it down by more than a percent."

Rapid Response 47

133,981 Aufrufe • vor 10 Tagen

"The $1.5T in spending that they're calling for — that's not on the table," says Treasury Secretary Scott Bessent on the Democrat Shutdown. "We inherited the worst budget deficit-to-GDP... We've managed to bring that down... We're not going to let them be irresponsible with the budget again."

"The $1.5T in spending that they're calling for — that's not on the table," says Treasury Secretary Scott Bessent on the Democrat Shutdown. "We inherited the worst budget deficit-to-GDP... We've managed to bring that down... We're not going to let them be irresponsible with the budget again."

Rapid Response 47

102,121 Aufrufe • vor 10 Monaten

🚨 BREAKING: Treasury Sec. SCOTT BESSENT just took an ENORMOUS victory lap on the "experts" after the US deficit just went DOWN, not up. "Contrary to what *EVERYBODY* said, we had a LOWER deficit than the previous fiscal year!" 🔥 "How do you lose weight? You eat less, exercise more. How do you control the budget deficit? You spend less or control spending, and grow more. And you're Mr. Growth."

🚨 BREAKING: Treasury Sec. SCOTT BESSENT just took an ENORMOUS victory lap on the "experts" after the US deficit just went DOWN, not up. "Contrary to what EVERYBODY said, we had a LOWER deficit than the previous fiscal year!" 🔥 "How do you lose weight? You eat less, exercise more. How do you control the budget deficit? You spend less or control spending, and grow more. And you're Mr. Growth."

Eric Daugherty

168,200 Aufrufe • vor 10 Monaten

The full implementation of President Donald J. Trump’s plan is well underway. We will extend tax reform, deregulate the economy, bring American jobs back, bring the deficit down, and get to that 3% deficit to GDP target that Treasury Secretary Scott Bessent has been talking about.

The full implementation of President Donald J. Trump’s plan is well underway. We will extend tax reform, deregulate the economy, bring American jobs back, bring the deficit down, and get to that 3% deficit to GDP target that Treasury Secretary Scott Bessent has been talking about.

Treasury Deputy Secretary

155,101 Aufrufe • vor 1 Jahr

Treasury Secretary Scott Bessent: “The Biden administration created the worst inflation in 50 years and maybe for working Americans, the worst inflation of all time. We have pulled that number down.”

Treasury Secretary Scott Bessent: “The Biden administration created the worst inflation in 50 years and maybe for working Americans, the worst inflation of all time. We have pulled that number down.”

RNC Research

80,234 Aufrufe • vor 8 Monaten

🚨 DEM SHUTDOWN BLUFF — REJECTED. “The $1.5T in spending they’re calling for — that’s not on the table. We inherited the worst budget deficit-to-GDP... We’ve managed to bring that down. We’re not going to let them be irresponsible with the budget again.” — Treasury Secretary Scott Bessent #FiscalSanity #DemShutdown

🚨 DEM SHUTDOWN BLUFF — REJECTED. “The $1.5T in spending they’re calling for — that’s not on the table. We inherited the worst budget deficit-to-GDP... We’ve managed to bring that down. We’re not going to let them be irresponsible with the budget again.” — Treasury Secretary Scott Bessent #FiscalSanity #DemShutdown

Laura Ingraham

471,644 Aufrufe • vor 10 Monaten

NEW: Elon Musk says he thinks he can reduce the deficit by $1 Trillion next year, says it will cause a cascading effect for Americans. “I think we can take a trillion dollars out of the out of the deficit next year.” “We have a $2 trillion deficit, which is a far in excess of economic growth. If we can get that deficit in half, from 2 trillion to 1 trillion, and we can get the economic growth to match that 1 trillion growth in the money supply, that means there will be no inflation.” “Interest rates will drop, credit card interest down, mortgage interest down, car payment interest down, and prices at the store stay the same.” “That is a great outcome for people and I think we can do it.”

NEW: Elon Musk says he thinks he can reduce the deficit by $1 Trillion next year, says it will cause a cascading effect for Americans. “I think we can take a trillion dollars out of the out of the deficit next year.” “We have a $2 trillion deficit, which is a far in excess of economic growth. If we can get that deficit in half, from 2 trillion to 1 trillion, and we can get the economic growth to match that 1 trillion growth in the money supply, that means there will be no inflation.” “Interest rates will drop, credit card interest down, mortgage interest down, car payment interest down, and prices at the store stay the same.” “That is a great outcome for people and I think we can do it.”

Collin Rugg

4,342,922 Aufrufe • vor 1 Jahr

Scott Bessent: “The Biden administration created the worst inflation in 50 years and maybe for working Americans, the worst inflation of all time. We have pulled that number down.”

Scott Bessent: “The Biden administration created the worst inflation in 50 years and maybe for working Americans, the worst inflation of all time. We have pulled that number down.”

unusual_whales

219,004 Aufrufe • vor 8 Monaten

Then came one of the biggest financial updates of the meeting...from Treasury Secretary Scott Bessent. What he revealed was staggering. Bessent said that America is now pulling in RECORD tariff revenues...between $500 BILLION and $1 TRILLION a year...and the budget deficit is already down 26% from Biden’s last year in office. These are not small numbers. Bessent explained how Trump flipped the system on its head. The days of unbalanced international trade are over, and with that comes a massive influx of cash directly affecting America’s deficit. “On the international front you have a leveled the international trading system whereby countries took advantage of us and that’s over. It’s OVER.” “The Treasury Department is in is taking in record tariff revenues that I had been saying was running at a rate of 300 billion a year.” “You chastised me for saying that—number is too low. And as usual, you we’re right, that we had a substantial, jump from July to August, and I think we’re going to see a bigger jump from August to September.” “So I think we could be on our way, well, over half a trillion, maybe the, towards the trillion dollar number.” “This administration, your administration, has made a meaningful dent in the budget deficit.” Even the CBO, which often clashes with the Trump administration, had to concede: the deficit is projected to drop by $4 trillion over the next decade. “The average budget deficit during this term is 26% less than the last 12 months under Biden and even the CBO, and we don’t agree with CBO on everything as you said, last Friday—had to admit that they believe over the next ten years the budget deficit will be 4 trillion lower than they had previously scored.” And according to Bessent, that number could go even higher. “4 trillion: 3.3 trillion of tariff income, 700 billion of lower interest cost, and, you know, I would expect that that number could go up from here.”

Then came one of the biggest financial updates of the meeting...from Treasury Secretary Scott Bessent. What he revealed was staggering. Bessent said that America is now pulling in RECORD tariff revenues...between $500 BILLION and $1 TRILLION a year...and the budget deficit is already down 26% from Biden’s last year in office. These are not small numbers. Bessent explained how Trump flipped the system on its head. The days of unbalanced international trade are over, and with that comes a massive influx of cash directly affecting America’s deficit. “On the international front you have a leveled the international trading system whereby countries took advantage of us and that’s over. It’s OVER.” “The Treasury Department is in is taking in record tariff revenues that I had been saying was running at a rate of 300 billion a year.” “You chastised me for saying that—number is too low. And as usual, you we’re right, that we had a substantial, jump from July to August, and I think we’re going to see a bigger jump from August to September.” “So I think we could be on our way, well, over half a trillion, maybe the, towards the trillion dollar number.” “This administration, your administration, has made a meaningful dent in the budget deficit.” Even the CBO, which often clashes with the Trump administration, had to concede: the deficit is projected to drop by $4 trillion over the next decade. “The average budget deficit during this term is 26% less than the last 12 months under Biden and even the CBO, and we don’t agree with CBO on everything as you said, last Friday—had to admit that they believe over the next ten years the budget deficit will be 4 trillion lower than they had previously scored.” And according to Bessent, that number could go even higher. “4 trillion: 3.3 trillion of tariff income, 700 billion of lower interest cost, and, you know, I would expect that that number could go up from here.”

The Vigilant Fox 🦊

238,588 Aufrufe • vor 1 Jahr

“Tariffs make inflation go down — 150 years of data proves it.” In this conversation, Treasury Secretary Scott Bessent joins John Carney & myself to break down why critics got tariffs completely wrong. Instead of inflation and trade wars, the U.S. saw low inflation, new trade deals, and a surge in reshoring as companies returned home. Bessent explains how a gutted manufacturing base changed the equation: tariffs now rebuild strategic industries, boost GDP, and generate revenue while bringing jobs back. As growth rises, tariffs can melt away — replaced by stronger wages and higher tax income from revitalized American industry. And why hasn’t the world retaliated? Simple: every global company needs access to the U.S. market. Trump understood that leverage instinctively — and he was right.

“Tariffs make inflation go down — 150 years of data proves it.” In this conversation, Treasury Secretary Scott Bessent joins John Carney & myself to break down why critics got tariffs completely wrong. Instead of inflation and trade wars, the U.S. saw low inflation, new trade deals, and a surge in reshoring as companies returned home. Bessent explains how a gutted manufacturing base changed the equation: tariffs now rebuild strategic industries, boost GDP, and generate revenue while bringing jobs back. As growth rises, tariffs can melt away — replaced by stronger wages and higher tax income from revitalized American industry. And why hasn’t the world retaliated? Simple: every global company needs access to the U.S. market. Trump understood that leverage instinctively — and he was right.

Alex Marlow

14,092 Aufrufe • vor 9 Monaten

.Treasury Secretary Scott Bessent is right. We have a spending problem. I appreciate his hard work with President Donald J. Trump to get us back to a 3% deficit and pay down the debt so Americans can stop facing inflation and high costs. To make this happen, Congress HAS to do its job.

.Treasury Secretary Scott Bessent is right. We have a spending problem. I appreciate his hard work with President Donald J. Trump to get us back to a 3% deficit and pay down the debt so Americans can stop facing inflation and high costs. To make this happen, Congress HAS to do its job.

Rick Scott

16,807 Aufrufe • vor 2 Monaten

🚨 Treasury Secretary Treasury Secretary Scott Bessent announces a major trade deal with China: “We have reached an agreement on a 90-day pause and substantially move down the tariff levels. Both sides on the reciprocal tariffs will move their tariffs down 115%.”

🚨 Treasury Secretary Treasury Secretary Scott Bessent announces a major trade deal with China: “We have reached an agreement on a 90-day pause and substantially move down the tariff levels. Both sides on the reciprocal tariffs will move their tariffs down 115%.”

Trump War Room

74,832 Aufrufe • vor 1 Jahr

Reporter: “The $40T mark that we passed for the national debt. Would you comment on that and how do we reverse that?” Treasury Secretary Scott Bessent: “The $40T is a big number. It’s smaller when we look at the publicly traded amount… We’re going to have to grow our way out of this… Director Russ Vought and I have been tasked with looking at fiscal consolidation… We’ve had to do a substantial tariff refund because of the court’s ruling, but with the section 301 tariffs, I am confident that we will be back to—the same level if not higher— of tariff income for last year, and that is most of the increase in the deficit.”

Reporter: “The $40T mark that we passed for the national debt. Would you comment on that and how do we reverse that?” Treasury Secretary Scott Bessent: “The $40T is a big number. It’s smaller when we look at the publicly traded amount… We’re going to have to grow our way out of this… Director Russ Vought and I have been tasked with looking at fiscal consolidation… We’ve had to do a substantial tariff refund because of the court’s ruling, but with the section 301 tariffs, I am confident that we will be back to—the same level if not higher— of tariff income for last year, and that is most of the increase in the deficit.”

RedWave Press

91,077 Aufrufe • vor 10 Tagen

🚨 HOLY CRAP! The Trump White House just STUNNED Fake News Margaret Brennan, revealing the U.S. budget deficit will be $600 BILLION down this year KEVIN HASSETT: "It's looking like the deficit for this year will be $600B lower than it was last year! That really helps lower inflation." "We've got the trade deficit cut in half from last year." "All of these things are things that should continue to move us towards the Fed target of 2%." Don't let the "Experts" lie to the American people. 🇺🇸🇺🇸

🚨 HOLY CRAP! The Trump White House just STUNNED Fake News Margaret Brennan, revealing the U.S. budget deficit will be $600 BILLION down this year KEVIN HASSETT: "It's looking like the deficit for this year will be $600B lower than it was last year! That really helps lower inflation." "We've got the trade deficit cut in half from last year." "All of these things are things that should continue to move us towards the Fed target of 2%." Don't let the "Experts" lie to the American people. 🇺🇸🇺🇸

Eric Daugherty

1,041,190 Aufrufe • vor 8 Monaten

Victor Davis Hanson laying it out: -he halved the trade deficit from 160 billion to 80 -we have the lowest inflation in 4 years -personal income is up -personal savings is up -energy costs are down And it's because he's trying to think of ways to help the middle.

Victor Davis Hanson laying it out: -he halved the trade deficit from 160 billion to 80 -we have the lowest inflation in 4 years -personal income is up -personal savings is up -energy costs are down And it's because he's trying to think of ways to help the middle.

Ellie A

509,064 Aufrufe • vor 1 Jahr