Treasury Chief Scott Bessent says ‘remains to be seen’ if Trump tax bill adds to national debt

Treasury Secretary Scott Payet suggested that there may be an opportunity to add a “one and beautiful bill” to President Donald Trump to national debts worth $ 36 trillion.

Pesin appeared in front of the House of Representatives Roads and means on Wednesday, a hearing that the Democrats used to sharpen their attacks against the Trump’s huge Trump bill for Republicans.

At one point, Representative Terry Cyoil asked this

“It remains to see.”

Learn about the legislators who chose Trump Giving the spokesman Johnson the full Republican party conference at home

Sewell referred to modeling by the CBO budget budget office (CBO), which said the draft law would add $ 2.4 trillion of federal deficit over the next ten years.

The national debt, which is currently approaching 37 trillion dollars, and the deficit of spending in the United States is not the same thing – the national debt refers to the cumulative amount due by the federal government, while the deficit is the net difference between what the government spends and what returns it to revenues.

Besent indicated that the Central Bank of Oman that Trump’s tariff policies can reduce the deficit by $ 2.8 trillion over a decade, which will create a theory surplus under legislation.

National debt follow: American tax motivated (you) is now on a hook for 36,215,685,263,667.36 dollars from 6/9/25

Listening sessions come at a time when Republicans are working to pass the “big and beautiful draft law” for President Donald Trump. (Anna Moneymaker / Getty Images)

“You want to talk about dynamic registration and all of that -” Cyliel started, before being cut by Bessent again.

“There is nothing dynamic about it. You are quoting from the Central Bank of Oman. I quote from CBO. So let’s restore the level,” said Pesin.

At a previous point, MP Judy Arengton, R-TEXAS, a member of the parliament’s Tax Writing Committee, who also chairs the House of Representatives Budget Committee, took charge of Democrats of adding the bill to debt.

Mogol promotes money in the Trump tax bill to pay Texas to combat Biden border policies

Parliament Speaker Mike Johnson, R does not. The bill was sponsored by his room late last month. (Chip Somodevilla / Getty Images)

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“Now let’s move on to this idea … we somehow increased the national debt in the law of one beautiful bill. We forget for a minute, under their control, full democratic control, 8 trillion dollars for the national debt,” said Arrington.

“If you get fixed degrees of CBO, the cost of the bill is about $ 4.16 trillion. If you take 1.7 trillion savings, then the largest decrease in spending in the United States’ history by dual, and you have put a conservative growth rate – because the CBO growth rate is 1.8 in the baseline, 1.8 depends on the quarter -finals of economic and guarantee.