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

Treasury Secretary Scott Pesin He suggested that there may be an opportunity to add a “great and beautiful bill” to President Donald Trump to the national debt of $ 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

Treasury Secretary Scott Pesin in Capitol Hill for listening sessions on Wednesday. (Anna Moneymaker / Getty Images)

Cyoil referred to modeling by non -party Congress Budget Office (CBO) who said the bill will add $ 2.4 trillion of federal deficit over the next ten years.

The national religion, which is currently It is close to $ 37 trillion, And American spending 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 revenues it achieves.

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

This comes at a time when Republicans are working to pass the “Grand and Beautiful Bill” for President Donald Trump. (Anna Moneymaker / Getty Images)

“You want to talk about dynamic registration and all of that -” SEWLLL 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.

Early, MP Judy Arengton, R-TEXAS, a member of the Parliament’s Tax Writing Committee as well Budget Committee of the House of RepresentativesHe also assumed the accusations of the Democrats that the draft law would add it to debts.

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Parliament Speaker Mike Johnson, the sponsor of the bill through 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, the biggest decrease in spending in the history of the United States from dual, and you have put a conservative growth rate – because the CBO growth rate is 1.8 in the foundation line, 1.8 depends on the past four years of economic and unavailability card.