On the recordMay 8, 2025
A failure to suspend or increase the debt limit would wreak havoc on our financial system and diminish America’s security and global leadership position.
Said by
Scott Bessent
Source
nbcnews.comA failure to suspend or increase the debt limit would wreak havoc on our financial system and diminish America’s security and global leadership position.
Bessent warns of severe consequences if the debt limit is not addressed.
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Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone.
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The world is awash in debt, and the only way for us to get out of this is to grow our way out of this.