US Treasury Secretary Bessent stated that the US national debt has reached approximately $41 trillion. He made these remarks while attending a policy forum in Washington on the 9th. The government is currently developing a fiscal consolidation plan to address the growing deficit. This plan aims to reduce the pressure of issuing Treasury bonds and is expected to be announced after the midterm elections.
Read the full story at gmteight.com.
Photo: Felix-Mittermeier / Pixabay
