{"id":5624,"date":"2026-08-05T08:07:18","date_gmt":"2026-08-05T08:07:18","guid":{"rendered":"https:\/\/propertyrelocationusa.com\/?p=5624"},"modified":"2026-08-05T08:07:18","modified_gmt":"2026-08-05T08:07:18","slug":"scott-bessent-inadvertently-pulls-back-the-mask-on-gop-priority-this-isnt-wasteful","status":"publish","type":"post","link":"https:\/\/propertyrelocationusa.com\/?p=5624","title":{"rendered":"Scott Bessent inadvertently pulls back the mask on GOP priority: ‘This isn’t wasteful’"},"content":{"rendered":"
\n

President Donald Trump’s top economic official casually told MAGA strategist Steve Bannon on Tuesday that he’s not concerned about the deficit or debt.<\/p>\n

Read more Trump\u2019s scapegoating earns him a searing rebuke from WSJ editors: \u2018Care to comment?\u2019<\/a><\/p>\n

Treasury Secretary Scott Bessent was talking to the former White House strategist during an episode of “War Room” on the conservative network Real America’s Voice when they discussed the multi-trillion-dollar debt and deficits facing the Trump administration. Bessent tried to argue that the Trump administration hasn’t received enough credit for its efforts, and blamed the Biden administration for not investing enough in the military. <\/p>\n

“I’m not that bothered \u2014 or I’m not as bothered by it \u2014 because one of the reasons we’re not making progress on the deficit is the full expensing for equipment, factories and [agriculture] structures that is creating more productive capacity, so I call it \u2014 you’re pulling back the rubber band and creating this productive capacity that’s going to give us more sustainable tax revenues in the future.”<\/p>\n

Read more \u2018Unprecedented\u2019: Trump alarms by exploiting area where law \u2018may simply not have caught up\u2019<\/a><\/p>\n

Bessent argued that the move would create more jobs and boost the economy for 2027 and 2028, taking a swipe at social programs and Stacey Abrams, lawyer and former Georgia state representative.<\/p>\n

“This isn’t wasteful social spending; this isn’t giving Stacey Abrams $2 million when she’s never had more than $300 in her bank account,” Bessent said.<\/p>\n

Read more Jon Stewart stumps Fetterman over \u2018weird line\u2019 behind his MAGA-friendly turn<\/a><\/p>\n

\n

BREAKING: Republicans are no longer worried about deficits and debtBessent: “I’m not as bothered by it … if ’26 is flat to slightly up, this isn’t wasteful social spending “<\/p>\n

[image or embed]
\u2014 Aaron Rupar (@atrupar.com) August 4, 2026 at 4:13 PM<\/p><\/blockquote>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

President Donald Trump’s top economic official casually told MAGA strategist Steve Bannon on Tuesday that he’s not concerned about the deficit or debt. 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