Bessent: Aim to bring deficit-to-GDP below 4%

 US Treasury Secretary Scott Bessent stated during his testimony before the Senate Finance Committee on the Treasury budget that a sub-4% deficit-to-GDP ratio is possible by the end of his term.

He underscored that the United States currently faces a spending and growth problem that must be addressed to stabilize the fiscal trajectory.

https://breakingthenews.net/Article/Bessent:-Aim-to-bring-deficit-to-GDP-below-4/66429466