U.S. Treasury Secretary Scott Bessent is making the rounds on the Sunday shows this morning, sitting down with both NBC’s Kristen Welker on “Meet the Press” and CNN’s Jake Tapper on “State of the Union.” Bessent laid out the successes the Trump administration is having and addressed some of the concerns raised in response to the nation’s debt and the potential inflationary impact of tariffs.
As to the debt, Bessent acknowledged that spending needs to be reined in but emphasized that their focus is also on growing GDP to improve the debt-to-GDP ratio.
.@SecScottBessent: “We are going to grow the GDP faster than the debt growth and that will stabilize the debt-to-GDP, which … is the most important number.” pic.twitter.com/SgHs3ET3DF
— Rapid Response 47 (@RapidResponse47) May 18, 2025
“There is…the potential growth of the debt, but what’s more important…
