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Trump’s Billionaire Treasury Pick Stresses Importance of Tax Cuts for Billionaires
Trump Treasury Pick’s Economic Plan Would ‘Require Massive Cuts to Anti-Poverty Programs’: Analysis
Trump’s pick to lead the Treasury Department backs tariffs and extended tax cuts during confirmation hearing
Mr. Bessent called the extension of the 2017 Trump tax cuts ‘the single most important economic issue of the day.’
In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of self-employment taxes.
Donald Trump's pick for Treasury secretary repeatedly defended a range of tariff ideas during his confirmation hearing before Senate lawmakers Thursday.
Trump Treasury Secretary pick Scott Bessent testifies during his Senate confirmation hearing.
4hon MSN
The Senate is ramping up its confirmation hearings for President-elect Donald Trump's Cabinet nominees, with key figures like Scott Bessent, Doug Bur
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and Jobs Acts, tax filing deadlines, and more
Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary.
Ronald Reagan had his “ Miss Rosy Scenario ” and “ magic asterisks ” to make his deficit numbers seem better than they actually were. Every Republican president since has used (and abused) a famous napkin sketch to pretend that tax cuts always pay for themselves.
Asked whether Congress should abandon the federal debt ceiling, Bessent said that if Trump requested that, he would work with Congress to make it happen
The national debt is expected to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.
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