Scott Bessent

speaker

3,921 appearances 268 recordings 20 series first heard Mar 2025 last heard 2d ago

Scott Bessent’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 231 in all, peaking in Aug 2026 with 86.

Appearances

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Bannon`s War Room · Episode 5605: Full Economic War And Get Our Troops Out Of Iran · 20 Aug 2026 podcast

Uh uh this Iran conflict we will get on the other side of this. matched

Uh we we don't know when and uh we can talk about the economic measures we're gonna be talk taking against Iran in a minute. matched

Sure. matched

Uh you know matched

we we believe that uh the the liquidity especially in the thirty year point is uh very poor and you we are in the administration we are the uh announcing uh probably at the end of this week, beginning of next week an increased focus on fiscal consolidation and uh it's the uh coming from President Trump. matched

Uh Russ Vogt and myself will be examining matched

both on the revenue side and the cost side of what we can do. matched

I yeah, I mean look uh Sarah there's nothing magic about the forty trillion number uh and we can grow our way out of that. matched

So but what what what we do wanna signal is I I think that there's been a lot of misinformation in terms of what's going on with the deficit, what's going on with the deficit to GDP. matched

We actually had a fiscal consolidation for the calendar year twenty twenty five. matched

Yeah. matched

GDP. matched

We actually had a fiscal consolidation for the calendar year 2025. matched

We were at about 5.7% of GDP. matched

And one of the things that's temporary here that's influencing the deficit uh has been these tariff refunds. matched

And uh we won't have to do that again. matched

And the Ambassador Greer through the 301 process is re-impling. matched

implementing the same level of tariffs and I would expect that our twenty twenty six tariff income is gonna be roughly what it was in twenty five and we're gonna be able to keep that in terms of the budget consolidation. matched

Uh the other big item in the budget that we're seeing is the uh hit that we're taking from uh to revenues for the immediate expensing of factories and uh equipment. matched

and farm structures and I think that if people sit back and think that's not government spending, uh that is actually an investment in the future and we're increasing the tax base. matched

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